Commercial banks and other lending (PPG + PNG) (NFL, current US$) in Nigeria
Nigeria: Commercial banks and other lending (PPG + PNG) (NFL, current US$) was -1.62 billion NFL, current US$ in 2025. ◆ Volatile
Commercial banks and other lending (PPG + PNG) in Nigeria, 1970–2025
Source: International Debt Statistics, World Bank (WB). Measured in NFL, current US$.
Analysis
Nigeria recorded -1.62 billion NFL, current US$ for commercial banks and other lending (ppg + png) in 2025. That is the lowest value across all 35 years on record.
Compared with earlier readings it is down 169.7% on the previous year and down 147.6% over ten years.
Over the whole period, commercial banks and other lending (ppg + png) in Nigeria peaked at 3.40 billion NFL, current US$ in 2020 and was at its lowest, -1.62 billion NFL, current US$, in 2025.
That places Nigeria 111th out of 116 countries with data for 2025, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Commercial banks and other lending (PPG + PNG) (NFL, current US$) in Nigeria, year by year
| Year | NFL, current US$ | Change |
|---|---|---|
| 1970 | -16.13 million NFL, current US$ | — |
| 1971 | -13.44 million NFL, current US$ | -16.7% |
| 1972 | -9.46 million NFL, current US$ | -29.6% |
| 1973 | -137.50 million NFL, current US$ | +1353.7% |
| 1974 | -103.53 million NFL, current US$ | -24.7% |
| 1975 | -154.38 million NFL, current US$ | +49.1% |
| 1976 | -278.45 million NFL, current US$ | +80.4% |
| 1977 | 23.07 million NFL, current US$ | -108.3% |
| 1978 | 1.59 billion NFL, current US$ | +6803.7% |
| 1979 | 1.23 billion NFL, current US$ | -22.5% |
| 1980 | 1.45 billion NFL, current US$ | +17.6% |
| 1981 | 1.73 billion NFL, current US$ | +19.0% |
| 1982 | 2.41 billion NFL, current US$ | +39.9% |
| 1983 | 1.01 billion NFL, current US$ | -58.1% |
| 1984 | -411.21 million NFL, current US$ | -140.6% |
| 1985 | -953.17 million NFL, current US$ | +131.8% |
| 1986 | -545.26 million NFL, current US$ | -42.8% |
| 1987 | 425.45 million NFL, current US$ | -178.0% |
| 1988 | 150.00 million NFL, current US$ | -64.7% |
| 1989 | 520.61 million NFL, current US$ | +247.1% |
| 1990 | -121.01 million NFL, current US$ | -123.2% |
| 1991 | -119.40 million NFL, current US$ | -1.3% |
| 2003 | 663.73 million NFL, current US$ | -655.9% |
| 2004 | 798.30 million NFL, current US$ | +20.3% |
| 2005 | -345.74 million NFL, current US$ | -143.3% |
| 2006 | 43.20 million NFL, current US$ | -112.5% |
| 2007 | 767.78 million NFL, current US$ | +1677.2% |
| 2008 | 943.23 million NFL, current US$ | +22.9% |
| 2009 | 13.53 million NFL, current US$ | -98.6% |
| 2020 | 3.40 billion NFL, current US$ | +25029.0% |
| 2021 | 697.60 million NFL, current US$ | -79.5% |
| 2022 | 1.62 billion NFL, current US$ | +132.5% |
| 2023 | -481.03 million NFL, current US$ | -129.7% |
| 2024 | 2.32 billion NFL, current US$ | -582.5% |
| 2025 | -1.62 billion NFL, current US$ | -169.7% |
Nigeria compared with similar countries
- Nigeria's -1.62 billion NFL, current US$ is below the median for lower middle income countries, which is -3.45 million NFL, current US$, 469.5× the median. (40 countries reporting)
- Nigeria's -1.62 billion NFL, current US$ is below the median for Sub-Saharan Africa, which is -417,000 NFL, current US$, 3881.0× the median. (41 countries reporting)
Biggest year-on-year movements
Years where Commercial banks and other lending (PPG + PNG) (NFL, current US$) in Nigeria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | +25029.0% | 13.53 million NFL, current US$ | 3.40 billion NFL, current US$ |
| 1978 | +6803.7% | 23.07 million NFL, current US$ | 1.59 billion NFL, current US$ |
| 2007 | +1677.2% | 43.20 million NFL, current US$ | 767.78 million NFL, current US$ |
| 1973 | -1353.7% | -9.46 million NFL, current US$ | -137.50 million NFL, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 213.65 million NFL, current US$ | -278.45 million NFL, current US$ | 1.59 billion NFL, current US$ | 10 |
| 1980s | 578.97 million NFL, current US$ | -953.17 million NFL, current US$ | 2.41 billion NFL, current US$ | 10 |
| 1990s | -120.21 million NFL, current US$ | -121.01 million NFL, current US$ | -119.40 million NFL, current US$ | 2 |
| 2000s | 412.01 million NFL, current US$ | -345.74 million NFL, current US$ | 943.23 million NFL, current US$ | 7 |
| 2020s | 990.20 million NFL, current US$ | -1.62 billion NFL, current US$ | 3.40 billion NFL, current US$ | 6 |
Countries ranked near Nigeria
- 108 Cote d'Ivoire -841.27 million NFL, current US$ compare
- 109 Thailand -1.47 billion NFL, current US$ compare
- 110 South Africa -1.53 billion NFL, current US$ compare
- 112 Papua New Guinea -1.73 billion NFL, current US$ compare
- 113 Peru -1.92 billion NFL, current US$ compare
- 114 Vietnam -3.17 billion NFL, current US$ compare
More external debt data for Nigeria
- Net financial flows, IBRD 141.84 million NFL, current US$ (2025)
- IFC, private nonguaranteed (NFL, US$), per capita 0.4399 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP 0.0004 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 56.33 NFL, US$ per square kilometre (2023)
- Net financial flows, IDA (NFL, current US$), per capita 8.24 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP 0.0076 NFL, current US$ per US$ of GDP (2024)
- Net financial flows, IDA (NFL, current US$), per square kilometre 1,640 NFL, current US$ per square kilometre (2023)
- Use of IMF credit 5.52 billion DOD, current US$ (2025)
- External debt stocks, public and publicly guaranteed (PPG) 56.88 billion DOD, current US$ (2025)
- External debt stocks, long-term 111.36 billion DOD, current US$ (2025)
Frequently asked questions
- What is commercial banks and other lending (ppg + png) in Nigeria?
- Commercial banks and other lending (ppg + png) in Nigeria was -1.62 billion NFL, current US$ in 2025, according to International Debt Statistics, World Bank (WB).
- What is the highest commercial banks and other lending (ppg + png) recorded in Nigeria?
- The highest recorded value was 3.40 billion NFL, current US$ in 2020.
- What is the lowest commercial banks and other lending (ppg + png) recorded in Nigeria?
- The lowest recorded value was -1.62 billion NFL, current US$ in 2025.
- How does Nigeria rank for commercial banks and other lending (ppg + png)?
- Nigeria ranks 111th out of 116 countries with data for 2025.
- Is commercial banks and other lending (ppg + png) rising or falling in Nigeria?
- Over the last ten years it is down 147.6%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Commercial banks and other lending (PPG + PNG) (NFL, current US$). Statizoid updates them automatically from the source API.
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About this data
Commercial bank and other lending includes net commercial bank lending (public and publicly guaranteed and private non- guaranteed) and other private credits. Data are in current U.S. dollars. Proposed: Commercial bank and other lending includes net commercial bank and other private creditors lending excluding bonds (public and publicly guaranteed + private nonguaranteed).