Disbursements, PPG and PNG private creditors (current US$) in Nigeria
Nigeria: Disbursements, PPG and PNG private creditors (current US$) was 1.00 billion current US$ in 2011. ◆ Volatile
Disbursements, PPG and PNG private creditors in Nigeria, 1970–2011
Source: World Bank, Global Development Finance. Measured in current US$.
Analysis
The most recent figure for disbursements, ppg and png private creditors in Nigeria is 1.00 billion current US$, measured in 2011.
The figure is up 264.7% over five years.
Over the whole period, disbursements, ppg and png private creditors in Nigeria peaked at 3.19 billion current US$ in 1982 and was at its lowest, 0 current US$, in 1970.
That places Nigeria 5th out of 50 countries with data for 2011, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Disbursements, PPG and PNG private creditors (current US$) in Nigeria, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 0 current US$ | — |
| 1971 | 34.79 million current US$ | — |
| 1972 | 34.33 million current US$ | -1.3% |
| 1973 | 34.24 million current US$ | -0.3% |
| 1974 | 24.22 million current US$ | -29.2% |
| 1975 | 41.97 million current US$ | +73.2% |
| 1976 | 53.26 million current US$ | +26.9% |
| 1977 | 67.92 million current US$ | +27.5% |
| 1978 | 1.64 billion current US$ | +2310.8% |
| 1979 | 1.33 billion current US$ | -18.7% |
| 1980 | 1.65 billion current US$ | +23.8% |
| 1981 | 2.31 billion current US$ | +40.4% |
| 1982 | 3.19 billion current US$ | +37.9% |
| 1983 | 2.09 billion current US$ | -34.5% |
| 1984 | 1.65 billion current US$ | -21.2% |
| 1985 | 1.26 billion current US$ | -23.5% |
| 1986 | 586.99 million current US$ | -53.4% |
| 1987 | 738.10 million current US$ | +25.7% |
| 1988 | 501.34 million current US$ | -32.1% |
| 1989 | 830.14 million current US$ | +65.6% |
| 1990 | 285.00 million current US$ | -65.7% |
| 1991 | 193.42 million current US$ | -32.1% |
| 1992 | 4.00 million current US$ | -97.9% |
| 1993 | 1,000 current US$ | -100.0% |
| 1994 | 0 current US$ | -100.0% |
| 1995 | 0 current US$ | — |
| 1996 | 0 current US$ | — |
| 1997 | 0 current US$ | — |
| 1998 | 0 current US$ | — |
| 1999 | 0 current US$ | — |
| 2000 | 0 current US$ | — |
| 2001 | 0 current US$ | — |
| 2002 | 0 current US$ | — |
| 2003 | 1.32 million current US$ | — |
| 2004 | 41.62 million current US$ | +3060.3% |
| 2005 | 33.80 million current US$ | -18.8% |
| 2006 | 274.23 million current US$ | +711.4% |
| 2007 | 63.64 million current US$ | -76.8% |
| 2008 | 23.56 million current US$ | -63.0% |
| 2009 | 0 current US$ | -100.0% |
| 2010 | 0 current US$ | — |
| 2011 | 1.00 billion current US$ | — |
Nigeria compared with similar countries
- Nigeria's 1.00 billion current US$ is above the median for lower middle income countries, which is 37.72 million current US$, 26.5× the median. (23 countries reporting)
Biggest year-on-year movements
Years where Disbursements, PPG and PNG private creditors (current US$) 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 |
|---|---|---|---|
| 2004 | +3060.3% | 1.32 million current US$ | 41.62 million current US$ |
| 1978 | +2310.8% | 67.92 million current US$ | 1.64 billion current US$ |
| 2006 | +711.4% | 33.80 million current US$ | 274.23 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 325.93 million current US$ | 0 current US$ | 1.64 billion current US$ | 10 |
| 1980s | 1.48 billion current US$ | 501.34 million current US$ | 3.19 billion current US$ | 10 |
| 1990s | 48.24 million current US$ | 0 current US$ | 285.00 million current US$ | 10 |
| 2000s | 43.82 million current US$ | 0 current US$ | 274.23 million current US$ | 10 |
| 2010s | 500.00 million current US$ | 0 current US$ | 1.00 billion current US$ | 2 |
Countries ranked near Nigeria
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 disbursements, ppg and png private creditors in Nigeria?
- Disbursements, ppg and png private creditors in Nigeria was 1.00 billion current US$ in 2011, according to World Bank, Global Development Finance.
- What is the highest disbursements, ppg and png private creditors recorded in Nigeria?
- The highest recorded value was 3.19 billion current US$ in 1982.
- What is the lowest disbursements, ppg and png private creditors recorded in Nigeria?
- The lowest recorded value was 0 current US$ in 1970.
- How does Nigeria rank for disbursements, ppg and png private creditors?
- Nigeria ranks 5th out of 50 countries with data for 2011.
- Where does this Nigeria data come from?
- The figures come from World Bank, Global Development Finance, published as part of Disbursements, PPG and PNG private creditors (current US$). Statizoid updates them automatically from the source API.
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About this data
Private nonguaranteed external debt is an external obligation of a private debtor that is not guaranteed for repayment by a public entity. Disbursements are drawings on loan commitments during the year specified. Long-term external debt is defined as debt that has an original or extended maturity of more than one year and that is owed to nonresidents and repayable in currency, goods, or services. Public and publicly guaranteed debt from private creditors include bonds that are either publicly issued or privately placed; commercial bank loans from private banks and other private financial institutions; and private credits from manufacturers, exporters, and other suppliers of goods, and bank credits covered by a guarantee of an export credit agency. Disbursements are drawings on loan commitments during the year specified.