External debt stocks, private nonguaranteed (PNG) (DOD, current US$) in Nigeria
Nigeria: External debt stocks, private nonguaranteed (PNG) (DOD, current US$) was 54.48 billion DOD, current US$ in 2025. ◆ Volatile
Latest (2025)
54.48 billion DOD, current US$
Change on year
down 5.2%
World rank
12th
of 98 countries
All-time high
61.37 billion DOD, current US$
in 2015
All-time low
85.00 million DOD, current US$
in 1972
Years of data
56
1970–2025
External debt stocks, private nonguaranteed (PNG) in Nigeria, 1970–2025
Source: International Debt Statistics, World Bank (WB). Measured in DOD, current US$.
Analysis
The most recent figure for external debt stocks, private nonguaranteed (png) in Nigeria is 54.48 billion DOD, current US$, measured in 2025.
Compared with earlier readings it is down 5.2% on the previous year and down 11.2% over ten years.
Over the whole period, external debt stocks, private nonguaranteed (png) in Nigeria peaked at 61.37 billion DOD, current US$ in 2015 and was at its lowest, 85.00 million DOD, current US$, in 1972.
That places Nigeria 12th out of 98 countries with data for 2025, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
External debt stocks, private nonguaranteed (PNG) (DOD, current US$) in Nigeria, year by year
| Year | DOD, current US$ | Change |
|---|---|---|
| 1970 | 115.00 million DOD, current US$ | — |
| 1971 | 108.00 million DOD, current US$ | -6.1% |
| 1972 | 85.00 million DOD, current US$ | -21.3% |
| 1973 | 88.00 million DOD, current US$ | +3.5% |
| 1974 | 93.00 million DOD, current US$ | +5.7% |
| 1975 | 91.00 million DOD, current US$ | -2.2% |
| 1976 | 103.00 million DOD, current US$ | +13.2% |
| 1977 | 130.00 million DOD, current US$ | +26.2% |
| 1978 | 336.00 million DOD, current US$ | +158.5% |
| 1979 | 709.00 million DOD, current US$ | +111.0% |
| 1980 | 1.10 billion DOD, current US$ | +54.7% |
| 1981 | 1.35 billion DOD, current US$ | +22.8% |
| 1982 | 1.31 billion DOD, current US$ | -2.5% |
| 1983 | 1.30 billion DOD, current US$ | -1.0% |
| 1984 | 1.40 billion DOD, current US$ | +7.7% |
| 1985 | 1.42 billion DOD, current US$ | +1.1% |
| 1986 | 600.00 million DOD, current US$ | -57.6% |
| 1987 | 551.70 million DOD, current US$ | -8.1% |
| 1988 | 536.96 million DOD, current US$ | -2.7% |
| 1989 | 406.00 million DOD, current US$ | -24.4% |
| 1990 | 390.74 million DOD, current US$ | -3.8% |
| 1991 | 343.31 million DOD, current US$ | -12.1% |
| 1992 | 331.31 million DOD, current US$ | -3.5% |
| 1993 | 321.31 million DOD, current US$ | -3.0% |
| 1994 | 311.31 million DOD, current US$ | -3.1% |
| 1995 | 301.31 million DOD, current US$ | -3.2% |
| 1996 | 300.00 million DOD, current US$ | -0.4% |
| 1997 | 295.00 million DOD, current US$ | -1.7% |
| 1998 | 285.00 million DOD, current US$ | -3.4% |
| 1999 | 250.00 million DOD, current US$ | -12.3% |
| 2000 | 2.15 billion DOD, current US$ | +759.0% |
| 2001 | 3.90 billion DOD, current US$ | +81.5% |
| 2002 | 6.22 billion DOD, current US$ | +59.5% |
| 2003 | 6.98 billion DOD, current US$ | +12.3% |
| 2004 | 7.87 billion DOD, current US$ | +12.8% |
| 2005 | 4.34 billion DOD, current US$ | -44.9% |
| 2006 | 4.47 billion DOD, current US$ | +3.0% |
| 2007 | 5.81 billion DOD, current US$ | +30.1% |
| 2008 | 6.74 billion DOD, current US$ | +16.0% |
| 2009 | 6.78 billion DOD, current US$ | +0.6% |
| 2010 | 23.21 billion DOD, current US$ | +242.4% |
| 2011 | 34.24 billion DOD, current US$ | +47.5% |
| 2012 | 43.38 billion DOD, current US$ | +26.7% |
| 2013 | 22.31 billion DOD, current US$ | -48.6% |
| 2014 | 42.30 billion DOD, current US$ | +89.6% |
| 2015 | 61.37 billion DOD, current US$ | +45.1% |
| 2016 | 51.12 billion DOD, current US$ | -16.7% |
| 2017 | 49.90 billion DOD, current US$ | -2.4% |
| 2018 | 53.62 billion DOD, current US$ | +7.5% |
| 2019 | 54.72 billion DOD, current US$ | +2.0% |
| 2020 | 55.30 billion DOD, current US$ | +1.0% |
| 2021 | 56.27 billion DOD, current US$ | +1.8% |
| 2022 | 56.86 billion DOD, current US$ | +1.1% |
| 2023 | 56.47 billion DOD, current US$ | -0.7% |
| 2024 | 57.48 billion DOD, current US$ | +1.8% |
| 2025 | 54.48 billion DOD, current US$ | -5.2% |
Nigeria compared with similar countries
- Nigeria's 54.48 billion DOD, current US$ is above the median for lower middle income countries, which is 2.86 billion DOD, current US$, 19.0× the median. (36 countries reporting)
- Nigeria's 54.48 billion DOD, current US$ is above the median for Sub-Saharan Africa, which is 1.75 billion DOD, current US$, 31.1× the median. (27 countries reporting)
Biggest year-on-year movements
Years where External debt stocks, private nonguaranteed (PNG) (DOD, current US$) 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 |
|---|---|---|---|
| 2000 | +759.0% | 250.00 million DOD, current US$ | 2.15 billion DOD, current US$ |
| 2010 | +242.4% | 6.78 billion DOD, current US$ | 23.21 billion DOD, current US$ |
| 1978 | +158.5% | 130.00 million DOD, current US$ | 336.00 million DOD, current US$ |
| 1979 | +111.0% | 336.00 million DOD, current US$ | 709.00 million DOD, current US$ |
| 2014 | +89.6% | 22.31 billion DOD, current US$ | 42.30 billion DOD, current US$ |
| 2001 | +81.5% | 2.15 billion DOD, current US$ | 3.90 billion DOD, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 185.80 million DOD, current US$ | 85.00 million DOD, current US$ | 709.00 million DOD, current US$ | 10 |
| 1980s | 996.78 million DOD, current US$ | 406.00 million DOD, current US$ | 1.42 billion DOD, current US$ | 10 |
| 1990s | 312.93 million DOD, current US$ | 250.00 million DOD, current US$ | 390.74 million DOD, current US$ | 10 |
| 2000s | 5.52 billion DOD, current US$ | 2.15 billion DOD, current US$ | 7.87 billion DOD, current US$ | 10 |
| 2010s | 43.62 billion DOD, current US$ | 22.31 billion DOD, current US$ | 61.37 billion DOD, current US$ | 10 |
| 2020s | 56.14 billion DOD, current US$ | 54.48 billion DOD, current US$ | 57.48 billion DOD, current US$ | 6 |
Countries ranked near Nigeria
- 9 Thailand 97.42 billion DOD, current US$ compare
- 10 Colombia 79.28 billion DOD, current US$ compare
- 11 Mozambique 62.99 billion DOD, current US$ compare
- 13 Ukraine 53.98 billion DOD, current US$ compare
- 14 Vietnam 53.05 billion DOD, current US$ compare
- 15 Argentina 49.53 billion DOD, 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 external debt stocks, private nonguaranteed (png) in Nigeria?
- External debt stocks, private nonguaranteed (png) in Nigeria was 54.48 billion DOD, current US$ in 2025, according to International Debt Statistics, World Bank (WB).
- What is the highest external debt stocks, private nonguaranteed (png) recorded in Nigeria?
- The highest recorded value was 61.37 billion DOD, current US$ in 2015.
- What is the lowest external debt stocks, private nonguaranteed (png) recorded in Nigeria?
- The lowest recorded value was 85.00 million DOD, current US$ in 1972.
- How does Nigeria rank for external debt stocks, private nonguaranteed (png)?
- Nigeria ranks 12th out of 98 countries with data for 2025.
- Is external debt stocks, private nonguaranteed (png) rising or falling in Nigeria?
- Over the last ten years it is down 11.2%. 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 External debt stocks, private nonguaranteed (PNG) (DOD, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 56 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Private nonguaranteed external debt comprises long-term external obligations of private debtors that are not guaranteed for repayment by a public entity. Data are in current U.S. dollars.