Debt service, PPG and PNG private creditors (TDS, current US$) in Nigeria
Nigeria: Debt service, PPG and PNG private creditors (TDS, current US$) was 69.56 million TDS, current US$ in 2011. ◆ Volatile
Latest (2011)
69.56 million TDS, current US$
Change on year
up 77.0%
World rank
16th
of 50 countries
All-time high
3.33 billion TDS, current US$
in 1985
All-time low
2.25 million TDS, current US$
in 1970
Years of data
42
1970–2011
Debt service, PPG and PNG private creditors in Nigeria, 1970–2011
Source: World Bank, Global Development Finance. Measured in TDS, current US$.
Analysis
The most recent figure for debt service, ppg and png private creditors in Nigeria is 69.56 million TDS, current US$, measured in 2011.
Compared with earlier readings it is up 77.0% on the previous year and down 80.5% over ten years.
Over the whole period, debt service, ppg and png private creditors in Nigeria peaked at 3.33 billion TDS, current US$ in 1985 and was at its lowest, 2.25 million TDS, current US$, in 1970.
That places Nigeria 16th out of 50 countries with data for 2011, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Debt service, PPG and PNG private creditors (TDS, current US$) in Nigeria, year by year
| Year | TDS, current US$ | Change |
|---|---|---|
| 1970 | 2.25 million TDS, current US$ | — |
| 1971 | 61.16 million TDS, current US$ | +2622.0% |
| 1972 | 56.63 million TDS, current US$ | -7.4% |
| 1973 | 183.93 million TDS, current US$ | +224.8% |
| 1974 | 139.46 million TDS, current US$ | -24.2% |
| 1975 | 206.56 million TDS, current US$ | +48.1% |
| 1976 | 341.66 million TDS, current US$ | +65.4% |
| 1977 | 60.80 million TDS, current US$ | -82.2% |
| 1978 | 66.49 million TDS, current US$ | +9.4% |
| 1979 | 297.37 million TDS, current US$ | +347.2% |
| 1980 | 663.32 million TDS, current US$ | +123.1% |
| 1981 | 1.19 billion TDS, current US$ | +79.8% |
| 1982 | 1.57 billion TDS, current US$ | +32.1% |
| 1983 | 1.96 billion TDS, current US$ | +24.3% |
| 1984 | 3.15 billion TDS, current US$ | +60.7% |
| 1985 | 3.33 billion TDS, current US$ | +5.9% |
| 1986 | 1.47 billion TDS, current US$ | -55.8% |
| 1987 | 528.71 million TDS, current US$ | -64.1% |
| 1988 | 1.11 billion TDS, current US$ | +110.4% |
| 1989 | 1.21 billion TDS, current US$ | +8.5% |
| 1990 | 1.23 billion TDS, current US$ | +1.8% |
| 1991 | 1.12 billion TDS, current US$ | -9.1% |
| 1992 | 1.21 billion TDS, current US$ | +8.7% |
| 1993 | 380.90 million TDS, current US$ | -68.6% |
| 1994 | 1.05 billion TDS, current US$ | +176.9% |
| 1995 | 983.73 million TDS, current US$ | -6.7% |
| 1996 | 1.22 billion TDS, current US$ | +23.8% |
| 1997 | 435.99 million TDS, current US$ | -64.2% |
| 1998 | 170.24 million TDS, current US$ | -61.0% |
| 1999 | 318.92 million TDS, current US$ | +87.3% |
| 2000 | 351.08 million TDS, current US$ | +10.1% |
| 2001 | 357.29 million TDS, current US$ | +1.8% |
| 2002 | 805.67 million TDS, current US$ | +125.5% |
| 2003 | 343.45 million TDS, current US$ | -57.4% |
| 2004 | 272.81 million TDS, current US$ | -20.6% |
| 2005 | 398.45 million TDS, current US$ | +46.1% |
| 2006 | 1.81 billion TDS, current US$ | +353.7% |
| 2007 | 601.72 million TDS, current US$ | -66.7% |
| 2008 | 25.16 million TDS, current US$ | -95.8% |
| 2009 | 69.20 million TDS, current US$ | +175.0% |
| 2010 | 39.31 million TDS, current US$ | -43.2% |
| 2011 | 69.56 million TDS, current US$ | +77.0% |
Nigeria compared with similar countries
- Nigeria's 69.56 million TDS, current US$ is above the median for lower middle income countries, which is 67.17 million TDS, current US$, 1.0× the median. (23 countries reporting)
- Nigeria's 69.56 million TDS, current US$ is above the median for Sub-Saharan Africa, which is 1.60 million TDS, current US$, 43.4× the median. (45 countries reporting)
Biggest year-on-year movements
Years where Debt service, PPG and PNG private creditors (TDS, current US$) 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 |
|---|---|---|---|
| 1971 | +2622.0% | 2.25 million TDS, current US$ | 61.16 million TDS, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 141.63 million TDS, current US$ | 2.25 million TDS, current US$ | 341.66 million TDS, current US$ | 10 |
| 1980s | 1.62 billion TDS, current US$ | 528.71 million TDS, current US$ | 3.33 billion TDS, current US$ | 10 |
| 1990s | 812.40 million TDS, current US$ | 170.24 million TDS, current US$ | 1.23 billion TDS, current US$ | 10 |
| 2000s | 503.27 million TDS, current US$ | 25.16 million TDS, current US$ | 1.81 billion TDS, current US$ | 10 |
| 2010s | 54.43 million TDS, current US$ | 39.31 million TDS, current US$ | 69.56 million TDS, current US$ | 2 |
Countries ranked near Nigeria
- 13 Zambia 125.85 million TDS, current US$ compare
- 14 Cote d'Ivoire 108.57 million TDS, current US$ compare
- 15 Mauritius 85.88 million TDS, current US$ compare
- 17 Tanzania 67.17 million TDS, current US$ compare
- 18 Congo 30.18 million TDS, current US$ compare
- 19 Kenya 7.59 million TDS, 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 debt service, ppg and png private creditors in Nigeria?
- Debt service, ppg and png private creditors in Nigeria was 69.56 million TDS, current US$ in 2011, according to World Bank, Global Development Finance.
- What is the highest debt service, ppg and png private creditors recorded in Nigeria?
- The highest recorded value was 3.33 billion TDS, current US$ in 1985.
- What is the lowest debt service, ppg and png private creditors recorded in Nigeria?
- The lowest recorded value was 2.25 million TDS, current US$ in 1970.
- How does Nigeria rank for debt service, ppg and png private creditors?
- Nigeria ranks 16th out of 50 countries with data for 2011.
- Is debt service, ppg and png private creditors rising or falling in Nigeria?
- Over the last ten years it is down 80.5%. 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 service, PPG and PNG private creditors (TDS, current US$). Statizoid updates them automatically from the source API.
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About this data
Debt service for private and public non-guaranteed debt is the sum of the two.