External debt stocks, public and publicly guaranteed (PPG) (DOD) in Nigeria
Nigeria: External debt stocks, public and publicly guaranteed (PPG) (DOD) was 48,355 DOD, current US$ per square kilometre in 2023. ◆ Volatile
External debt stocks, public and publicly guaranteed (PPG) (DOD) in Nigeria, 1970–2023
Source: Statizoid (derived). Measured in DOD, current US$ per square kilometre.
Analysis
In 2023, external debt stocks, public and publicly guaranteed (ppg) (dod) in Nigeria stood at 48,355 DOD, current US$ per square kilometre. That is the highest value across all 54 years on record.
Compared with earlier readings it is up 10.2% on the previous year and up 431.6% over ten years.
Over the whole period, external debt stocks, public and publicly guaranteed (ppg) (dod) in Nigeria peaked at 48,355 DOD, current US$ per square kilometre in 2023 and was at its lowest, 496.37 DOD, current US$ per square kilometre, in 1970.
That places Nigeria 66th out of 121 countries with data for 2023, putting it in the middle of the range.
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 square kilometre | Change |
|---|---|---|
| 1970 | 496.37 DOD, current US$ per square kilometre | — |
| 1971 | 596.32 DOD, current US$ per square kilometre | +20.1% |
| 1972 | 710.18 DOD, current US$ per square kilometre | +19.1% |
| 1973 | 1,226 DOD, current US$ per square kilometre | +72.7% |
| 1974 | 1,297 DOD, current US$ per square kilometre | +5.7% |
| 1975 | 1,156 DOD, current US$ per square kilometre | -10.9% |
| 1976 | 881.93 DOD, current US$ per square kilometre | -23.7% |
| 1977 | 939.08 DOD, current US$ per square kilometre | +6.5% |
| 1978 | 2,535 DOD, current US$ per square kilometre | +169.9% |
| 1979 | 3,571 DOD, current US$ per square kilometre | +40.9% |
| 1980 | 4,708 DOD, current US$ per square kilometre | +31.8% |
| 1981 | 6,227 DOD, current US$ per square kilometre | +32.3% |
| 1982 | 8,943 DOD, current US$ per square kilometre | +43.6% |
| 1983 | 12,317 DOD, current US$ per square kilometre | +37.7% |
| 1984 | 11,681 DOD, current US$ per square kilometre | -5.2% |
| 1985 | 13,445 DOD, current US$ per square kilometre | +15.1% |
| 1986 | 19,691 DOD, current US$ per square kilometre | +46.5% |
| 1987 | 29,541 DOD, current US$ per square kilometre | +50.0% |
| 1988 | 30,238 DOD, current US$ per square kilometre | +2.4% |
| 1989 | 32,117 DOD, current US$ per square kilometre | +6.2% |
| 1990 | 34,635 DOD, current US$ per square kilometre | +7.8% |
| 1991 | 35,492 DOD, current US$ per square kilometre | +2.5% |
| 1992 | 29,072 DOD, current US$ per square kilometre | -18.1% |
| 1993 | 29,009 DOD, current US$ per square kilometre | -0.2% |
| 1994 | 30,693 DOD, current US$ per square kilometre | +5.8% |
| 1995 | 30,899 DOD, current US$ per square kilometre | +0.7% |
| 1996 | 27,931 DOD, current US$ per square kilometre | -9.6% |
| 1997 | 24,862 DOD, current US$ per square kilometre | -11.0% |
| 1998 | 25,763 DOD, current US$ per square kilometre | +3.6% |
| 1999 | 24,575 DOD, current US$ per square kilometre | -4.6% |
| 2000 | 32,985 DOD, current US$ per square kilometre | +34.2% |
| 2001 | 32,103 DOD, current US$ per square kilometre | -2.7% |
| 2002 | 30,832 DOD, current US$ per square kilometre | -4.0% |
| 2003 | 34,361 DOD, current US$ per square kilometre | +11.4% |
| 2004 | 35,739 DOD, current US$ per square kilometre | +4.0% |
| 2005 | 22,232 DOD, current US$ per square kilometre | -37.8% |
| 2006 | 4,204 DOD, current US$ per square kilometre | -81.1% |
| 2007 | 3,969 DOD, current US$ per square kilometre | -5.6% |
| 2008 | 4,284 DOD, current US$ per square kilometre | +8.0% |
| 2009 | 4,635 DOD, current US$ per square kilometre | +8.2% |
| 2010 | 5,145 DOD, current US$ per square kilometre | +11.0% |
| 2011 | 6,518 DOD, current US$ per square kilometre | +26.7% |
| 2012 | 7,334 DOD, current US$ per square kilometre | +12.5% |
| 2013 | 9,097 DOD, current US$ per square kilometre | +24.0% |
| 2014 | 10,613 DOD, current US$ per square kilometre | +16.7% |
| 2015 | 11,724 DOD, current US$ per square kilometre | +10.5% |
| 2016 | 12,438 DOD, current US$ per square kilometre | +6.1% |
| 2017 | 20,704 DOD, current US$ per square kilometre | +66.5% |
| 2018 | 27,752 DOD, current US$ per square kilometre | +34.0% |
| 2019 | 30,282 DOD, current US$ per square kilometre | +9.1% |
| 2020 | 35,198 DOD, current US$ per square kilometre | +16.2% |
| 2021 | 39,691 DOD, current US$ per square kilometre | +12.8% |
| 2022 | 43,898 DOD, current US$ per square kilometre | +10.6% |
| 2023 | 48,355 DOD, current US$ per square kilometre | +10.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1,341 DOD, current US$ per square kilometre | 496.37 DOD, current US$ per square kilometre | 3,571 DOD, current US$ per square kilometre | 10 |
| 1980s | 16,891 DOD, current US$ per square kilometre | 4,708 DOD, current US$ per square kilometre | 32,117 DOD, current US$ per square kilometre | 10 |
| 1990s | 29,293 DOD, current US$ per square kilometre | 24,575 DOD, current US$ per square kilometre | 35,492 DOD, current US$ per square kilometre | 10 |
| 2000s | 20,534 DOD, current US$ per square kilometre | 3,969 DOD, current US$ per square kilometre | 35,739 DOD, current US$ per square kilometre | 10 |
| 2010s | 14,160 DOD, current US$ per square kilometre | 5,145 DOD, current US$ per square kilometre | 30,282 DOD, current US$ per square kilometre | 10 |
| 2020s | 41,786 DOD, current US$ per square kilometre | 35,198 DOD, current US$ per square kilometre | 48,355 DOD, current US$ per square kilometre | 4 |
Countries ranked near Nigeria
- 63 Belize 59,421 DOD, current US$ per square kilometre compare
- 64 Nicaragua 58,844 DOD, current US$ per square kilometre compare
- 65 China 51,925 DOD, current US$ per square kilometre compare
- 67 Guinea-Bissau 46,678 DOD, current US$ per square kilometre compare
- 68 Eswatini 44,962 DOD, current US$ per square kilometre compare
- 69 Lao People's Democratic Republic 44,720 DOD, current US$ per square kilometre 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 48,355 DOD, current US$ per square kilometre in 2023, 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 48,355 DOD, current US$ per square kilometre in 2023.
- What is the lowest external debt stocks, public and publicly guaranteed (ppg) (dod) recorded in Nigeria?
- The lowest recorded value was 496.37 DOD, current US$ per square kilometre in 1970.
- How does Nigeria rank for external debt stocks, public and publicly guaranteed (ppg) (dod)?
- Nigeria ranks 66th out of 121 countries with data for 2023.
- Is external debt stocks, public and publicly guaranteed (ppg) (dod) rising or falling in Nigeria?
- Over the last ten years it is up 431.6%. 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$), per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$) divided by Land area (sq. km), 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$) ÷ Land area (sq. km)
Computed from
- External debt stocks, public and publicly guaranteed (PPG) International Debt Statistics, World Bank (WB)
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.