Debt outstanding and disbursed, PPG Bilateral on nonconcessional in Nigeria
Nigeria: Debt outstanding and disbursed, PPG Bilateral on nonconcessional was 0 DOD, current US$ in 2006. ◆ Volatile
Debt outstanding and disbursed, PPG Bilateral on nonconcessional terms in Nigeria, 1970–2006
Source: World Bank, Global Development Finance. Measured in DOD, current US$.
Analysis
The most recent figure for debt outstanding and disbursed, ppg bilateral on nonconcessional terms in Nigeria is 0 DOD, current US$, measured in 2006. That is the lowest value across all 37 years on record.
The figure is down 100.0% on the previous year and down 100.0% over ten years.
Over the whole period, debt outstanding and disbursed, ppg bilateral on nonconcessional terms in Nigeria peaked at 22.57 billion DOD, current US$ in 2000 and was at its lowest, 0 DOD, current US$, in 2006.
Nigeria ranks 45th of 51 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Debt outstanding and disbursed, PPG Bilateral on nonconcessional in Nigeria, year by year
| Year | DOD, current US$ | Change |
|---|---|---|
| 1970 | 61.52 million DOD, current US$ | — |
| 1971 | 66.05 million DOD, current US$ | +7.3% |
| 1972 | 59.74 million DOD, current US$ | -9.5% |
| 1973 | 66.95 million DOD, current US$ | +12.1% |
| 1974 | 64.85 million DOD, current US$ | -3.1% |
| 1975 | 50.98 million DOD, current US$ | -21.4% |
| 1976 | 42.91 million DOD, current US$ | -15.8% |
| 1977 | 35.39 million DOD, current US$ | -17.5% |
| 1978 | 27.34 million DOD, current US$ | -22.8% |
| 1979 | 25.47 million DOD, current US$ | -6.8% |
| 1980 | 20.50 million DOD, current US$ | -19.5% |
| 1981 | 62.85 million DOD, current US$ | +206.6% |
| 1982 | 129.36 million DOD, current US$ | +105.8% |
| 1983 | 607.86 million DOD, current US$ | +369.9% |
| 1984 | 691.09 million DOD, current US$ | +13.7% |
| 1985 | 392.61 million DOD, current US$ | -43.2% |
| 1986 | 5.86 billion DOD, current US$ | +1391.7% |
| 1987 | 7.94 billion DOD, current US$ | +35.6% |
| 1988 | 7.51 billion DOD, current US$ | -5.4% |
| 1989 | 11.09 billion DOD, current US$ | +47.6% |
| 1990 | 12.79 billion DOD, current US$ | +15.3% |
| 1991 | 14.25 billion DOD, current US$ | +11.4% |
| 1992 | 13.37 billion DOD, current US$ | -6.2% |
| 1993 | 12.97 billion DOD, current US$ | -3.0% |
| 1994 | 13.95 billion DOD, current US$ | +7.6% |
| 1995 | 14.51 billion DOD, current US$ | +4.0% |
| 1996 | 13.22 billion DOD, current US$ | -8.9% |
| 1997 | 12.17 billion DOD, current US$ | -7.9% |
| 1998 | 12.67 billion DOD, current US$ | +4.1% |
| 1999 | 11.89 billion DOD, current US$ | -6.2% |
| 2000 | 22.57 billion DOD, current US$ | +89.9% |
| 2001 | 22.45 billion DOD, current US$ | -0.5% |
| 2002 | 22.01 billion DOD, current US$ | -2.0% |
| 2003 | 11.45 billion DOD, current US$ | -48.0% |
| 2004 | 10.94 billion DOD, current US$ | -4.4% |
| 2005 | 6.00 billion DOD, current US$ | -45.2% |
| 2006 | 0 DOD, current US$ | -100.0% |
Nigeria compared with similar countries
- Nigeria's 0 DOD, current US$ is below the median for lower middle income countries, which is 147.64 million DOD, current US$. (23 countries reporting)
- Nigeria's 0 DOD, current US$ is below the median for Sub-Saharan Africa, which is 50.43 million DOD, current US$. (45 countries reporting)
Biggest year-on-year movements
Years where Debt outstanding and disbursed, PPG Bilateral on nonconcessional in Nigeria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1986 | +1391.7% | 392.61 million DOD, current US$ | 5.86 billion DOD, current US$ |
| 1983 | +369.9% | 129.36 million DOD, current US$ | 607.86 million DOD, current US$ |
| 1981 | +206.6% | 20.50 million DOD, current US$ | 62.85 million DOD, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 50.12 million DOD, current US$ | 25.47 million DOD, current US$ | 66.95 million DOD, current US$ | 10 |
| 1980s | 3.43 billion DOD, current US$ | 20.50 million DOD, current US$ | 11.09 billion DOD, current US$ | 10 |
| 1990s | 13.18 billion DOD, current US$ | 11.89 billion DOD, current US$ | 14.51 billion DOD, current US$ | 10 |
| 2000s | 13.63 billion DOD, current US$ | 0 DOD, current US$ | 22.57 billion DOD, current US$ | 7 |
Countries ranked near Nigeria
- 42 Burundi 4.00 million DOD, current US$ compare
- 43 Gambia 3.93 million DOD, current US$ compare
- 44 Djibouti 288,000 DOD, current US$ compare
- 45 Botswana 0 DOD, current US$ compare
- 45 Comoros 0 DOD, current US$ compare
- 45 Libya 0 DOD, current US$
- 45 Malawi 0 DOD, current US$ compare
- 45 Rwanda 0 DOD, current US$ compare
- 45 South Africa 0 DOD, current US$
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 debt outstanding and disbursed, ppg bilateral on nonconcessional terms in Nigeria?
- Debt outstanding and disbursed, ppg bilateral on nonconcessional terms in Nigeria was 0 DOD, current US$ in 2006, according to World Bank, Global Development Finance.
- What is the highest debt outstanding and disbursed, ppg bilateral on nonconcessional terms recorded in Nigeria?
- The highest recorded value was 22.57 billion DOD, current US$ in 2000.
- What is the lowest debt outstanding and disbursed, ppg bilateral on nonconcessional terms recorded in Nigeria?
- The lowest recorded value was 0 DOD, current US$ in 2006.
- How does Nigeria rank for debt outstanding and disbursed, ppg bilateral on nonconcessional terms?
- Nigeria ranks 45th out of 51 countries with data for 2006.
- Is debt outstanding and disbursed, ppg bilateral on nonconcessional terms rising or falling in Nigeria?
- Over the last ten years it is down 100.0%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from World Bank, Global Development Finance, published as part of Debt outstanding and disbursed, PPG Bilateral on nonconcessional terms (DOD, current US$). Statizoid updates them automatically from the source API.
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About this data
Bilateral debt includes loans from governments and their agencies (including central banks), loans from autonomous bodies, and direct loans from official export credit agencies. These are non-concessional figures, however the explanation for concessional is provided here as reference. Concessional debt is defined as loans with an original grant element of 25 percent or more. The grant equivalent of a loan is its commitment (present) value, less the discounted present value of its contractual debt service; conventionally, future service payments are discounted at 10 percent. The grant element of a loan is the grant equivalent expressed as a percentage of the amount committed. It is used as a measure of the overall cost of borrowing. Principal repayments are actual amounts of principal (amortization) paid in currency, goods, or services in the year specified.