External debt stocks, public and publicly guaranteed (PPG) (DOD) in Nigeria
Nigeria: External debt stocks, public and publicly guaranteed (PPG) (DOD) was 215.71 DOD, current US$ per person in 2024. ◆ Volatile
External debt stocks, public and publicly guaranteed (PPG) (DOD) in Nigeria, 1970–2024
Source: Statizoid (derived). Measured in DOD, current US$ per person.
Analysis
The most recent figure for external debt stocks, public and publicly guaranteed (ppg) (dod) in Nigeria is 215.71 DOD, current US$ per person, measured in 2024.
Compared with earlier readings it is up 11.6% on the previous year and up 314.9% over ten years.
Over the whole period, external debt stocks, public and publicly guaranteed (ppg) (dod) in Nigeria peaked at 324.8 DOD, current US$ per person in 1990 and was at its lowest, 8.09 DOD, current US$ per person, in 1970.
That places Nigeria 103rd out of 122 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
External debt stocks, public and publicly guaranteed (PPG) (DOD) in Nigeria, year by year
| Year | DOD, current US$ per person | Change |
|---|---|---|
| 1970 | 8.09 DOD, current US$ per person | — |
| 1971 | 9.49 DOD, current US$ per person | +17.4% |
| 1972 | 11.04 DOD, current US$ per person | +16.3% |
| 1973 | 18.59 DOD, current US$ per person | +68.4% |
| 1974 | 19.15 DOD, current US$ per person | +3.0% |
| 1975 | 16.6 DOD, current US$ per person | -13.3% |
| 1976 | 12.31 DOD, current US$ per person | -25.8% |
| 1977 | 12.72 DOD, current US$ per person | +3.3% |
| 1978 | 33.3 DOD, current US$ per person | +161.8% |
| 1979 | 45.49 DOD, current US$ per person | +36.6% |
| 1980 | 58.13 DOD, current US$ per person | +27.8% |
| 1981 | 74.56 DOD, current US$ per person | +28.2% |
| 1982 | 103.91 DOD, current US$ per person | +39.4% |
| 1983 | 139.46 DOD, current US$ per person | +34.2% |
| 1984 | 128.91 DOD, current US$ per person | -7.6% |
| 1985 | 144.23 DOD, current US$ per person | +11.9% |
| 1986 | 205.58 DOD, current US$ per person | +42.5% |
| 1987 | 300.3 DOD, current US$ per person | +46.1% |
| 1988 | 299.28 DOD, current US$ per person | -0.3% |
| 1989 | 309.44 DOD, current US$ per person | +3.4% |
| 1990 | 324.8 DOD, current US$ per person | +5.0% |
| 1991 | 324.16 DOD, current US$ per person | -0.2% |
| 1992 | 258.64 DOD, current US$ per person | -20.2% |
| 1993 | 251.33 DOD, current US$ per person | -2.8% |
| 1994 | 258.99 DOD, current US$ per person | +3.0% |
| 1995 | 253.94 DOD, current US$ per person | -1.9% |
| 1996 | 223.63 DOD, current US$ per person | -11.9% |
| 1997 | 193.94 DOD, current US$ per person | -13.3% |
| 1998 | 195.79 DOD, current US$ per person | +1.0% |
| 1999 | 181.9 DOD, current US$ per person | -7.1% |
| 2000 | 237.71 DOD, current US$ per person | +30.7% |
| 2001 | 225.15 DOD, current US$ per person | -5.3% |
| 2002 | 210.38 DOD, current US$ per person | -6.6% |
| 2003 | 228.09 DOD, current US$ per person | +8.4% |
| 2004 | 230.76 DOD, current US$ per person | +1.2% |
| 2005 | 139.63 DOD, current US$ per person | -39.5% |
| 2006 | 25.68 DOD, current US$ per person | -81.6% |
| 2007 | 23.58 DOD, current US$ per person | -8.2% |
| 2008 | 24.76 DOD, current US$ per person | +5.0% |
| 2009 | 26.05 DOD, current US$ per person | +5.2% |
| 2010 | 28.12 DOD, current US$ per person | +7.9% |
| 2011 | 34.64 DOD, current US$ per person | +23.2% |
| 2012 | 37.91 DOD, current US$ per person | +9.4% |
| 2013 | 45.76 DOD, current US$ per person | +20.7% |
| 2014 | 52 DOD, current US$ per person | +13.6% |
| 2015 | 56 DOD, current US$ per person | +7.7% |
| 2016 | 57.96 DOD, current US$ per person | +3.5% |
| 2017 | 94.16 DOD, current US$ per person | +62.5% |
| 2018 | 123.33 DOD, current US$ per person | +31.0% |
| 2019 | 131.65 DOD, current US$ per person | +6.7% |
| 2020 | 149.8 DOD, current US$ per person | +13.8% |
| 2021 | 165.42 DOD, current US$ per person | +10.4% |
| 2022 | 179.17 DOD, current US$ per person | +8.3% |
| 2023 | 193.26 DOD, current US$ per person | +7.9% |
| 2024 | 215.71 DOD, current US$ per person | +11.6% |
Nigeria compared with similar countries
- Nigeria's 215.71 DOD, current US$ per person is below the median for lower middle income countries, which is 685.74 DOD, current US$ per person, 31% of the median. (43 countries reporting)
- Nigeria's 215.71 DOD, current US$ per person is below the median for Sub-Saharan Africa, which is 359.97 DOD, current US$ per person, 60% of the median. (44 countries reporting)
Biggest year-on-year movements
Years where External debt stocks, public and publicly guaranteed (PPG) (DOD) 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 |
|---|---|---|---|
| 1978 | +161.8% | 12.72 DOD, current US$ per person | 33.3 DOD, current US$ per person |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 18.68 DOD, current US$ per person | 8.09 DOD, current US$ per person | 45.49 DOD, current US$ per person | 10 |
| 1980s | 176.38 DOD, current US$ per person | 58.13 DOD, current US$ per person | 309.44 DOD, current US$ per person | 10 |
| 1990s | 246.71 DOD, current US$ per person | 181.9 DOD, current US$ per person | 324.8 DOD, current US$ per person | 10 |
| 2000s | 137.18 DOD, current US$ per person | 23.58 DOD, current US$ per person | 237.71 DOD, current US$ per person | 10 |
| 2010s | 66.15 DOD, current US$ per person | 28.12 DOD, current US$ per person | 131.65 DOD, current US$ per person | 10 |
| 2020s | 180.67 DOD, current US$ per person | 149.8 DOD, current US$ per person | 215.71 DOD, current US$ per person | 5 |
Countries ranked near Nigeria
- 100 Liberia 250.95 DOD, current US$ per person compare
- 101 Mali 229.52 DOD, current US$ per person compare
- 102 Burkina Faso 217.47 DOD, current US$ per person compare
- 104 Timor-Leste 180.87 DOD, current US$ per person compare
- 105 Eritrea 171.74 DOD, current US$ per person compare
- 106 Myanmar 169.53 DOD, current US$ per person compare
More external debt data for Nigeria
- IFC, private nonguaranteed 102.35 million NFL, US$ (2024)
- 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)
- Public and publicly guaranteed debt service 1.6% (2024)
- Net financial flows, IDA 1.92 billion NFL, current US$ (2024)
- 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, IBRD 758.21 million NFL, current US$ (2024)
- Public and publicly guaranteed debt service 6.3% (2024)
Frequently asked questions
- What is external debt stocks, public and publicly guaranteed (ppg) (dod) in Nigeria?
- External debt stocks, public and publicly guaranteed (ppg) (dod) in Nigeria was 215.71 DOD, current US$ per person in 2024, according to Statizoid (derived).
- What is the highest external debt stocks, public and publicly guaranteed (ppg) (dod) recorded in Nigeria?
- The highest recorded value was 324.8 DOD, current US$ per person in 1990.
- What is the lowest external debt stocks, public and publicly guaranteed (ppg) (dod) recorded in Nigeria?
- The lowest recorded value was 8.09 DOD, current US$ per person in 1970.
- How does Nigeria rank for external debt stocks, public and publicly guaranteed (ppg) (dod)?
- Nigeria ranks 103rd out of 122 countries with data for 2024.
- Is external debt stocks, public and publicly guaranteed (ppg) (dod) rising or falling in Nigeria?
- Over the last ten years it is up 314.9%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from Statizoid (derived), published as part of External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$), per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$) ÷ Population, total
Computed from
- External debt stocks, public and publicly guaranteed (PPG) International Debt Statistics, World Bank (WB)
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.