External debt stocks, short-term (DOD, current US$), per square in Nigeria
Nigeria: External debt stocks, short-term (DOD, current US$), per square was 20,086 DOD, current US$ per square kilometre in 2023. ◆ Volatile
Latest (2023)
20,086 DOD, current US$ per square kilometre
Change on year
down 14.9%
World rank
42nd
of 120 countries
All-time high
23,609 DOD, current US$ per square kilometre
in 2022
All-time low
296.02 DOD, current US$ per square kilometre
in 1970
Years of data
54
1970–2023
External debt stocks, short-term (DOD, current US$), per square in Nigeria, 1970–2023
Source: Statizoid (derived). Measured in DOD, current US$ per square kilometre.
Analysis
The most recent figure for external debt stocks, short-term (dod, current us$), per square in Nigeria is 20,086 DOD, current US$ per square kilometre, measured in 2023.
The figure is down 14.9% on the previous year and up 19.2% over ten years.
Over the whole period, external debt stocks, short-term (dod, current us$), per square in Nigeria peaked at 23,609 DOD, current US$ per square kilometre in 2022 and was at its lowest, 296.02 DOD, current US$ per square kilometre, in 1970.
That places Nigeria 42nd out of 120 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, short-term (DOD, current US$), per square in Nigeria, year by year
| Year | DOD, current US$ per square kilometre | Change |
|---|---|---|
| 1970 | 296.02 DOD, current US$ per square kilometre | — |
| 1971 | 339.55 DOD, current US$ per square kilometre | +14.7% |
| 1972 | 384.23 DOD, current US$ per square kilometre | +13.2% |
| 1973 | 630.42 DOD, current US$ per square kilometre | +64.1% |
| 1974 | 666.28 DOD, current US$ per square kilometre | +5.7% |
| 1975 | 597.02 DOD, current US$ per square kilometre | -10.4% |
| 1976 | 473.84 DOD, current US$ per square kilometre | -20.6% |
| 1977 | 2,373 DOD, current US$ per square kilometre | +400.8% |
| 1978 | 2,686 DOD, current US$ per square kilometre | +13.2% |
| 1979 | 2,507 DOD, current US$ per square kilometre | -6.7% |
| 1980 | 3,901 DOD, current US$ per square kilometre | +55.6% |
| 1981 | 4,861 DOD, current US$ per square kilometre | +24.6% |
| 1982 | 2,783 DOD, current US$ per square kilometre | -42.7% |
| 1983 | 5,555 DOD, current US$ per square kilometre | +99.6% |
| 1984 | 6,307 DOD, current US$ per square kilometre | +13.6% |
| 1985 | 5,484 DOD, current US$ per square kilometre | -13.1% |
| 1986 | 4,042 DOD, current US$ per square kilometre | -26.3% |
| 1987 | 1,722 DOD, current US$ per square kilometre | -57.4% |
| 1988 | 1,699 DOD, current US$ per square kilometre | -1.3% |
| 1989 | 510.31 DOD, current US$ per square kilometre | -70.0% |
| 1990 | 1,651 DOD, current US$ per square kilometre | +223.5% |
| 1991 | 942.77 DOD, current US$ per square kilometre | -42.9% |
| 1992 | 2,426 DOD, current US$ per square kilometre | +157.3% |
| 1993 | 4,345 DOD, current US$ per square kilometre | +79.1% |
| 1994 | 5,299 DOD, current US$ per square kilometre | +22.0% |
| 1995 | 6,205 DOD, current US$ per square kilometre | +17.1% |
| 1996 | 6,232 DOD, current US$ per square kilometre | +0.4% |
| 1997 | 6,070 DOD, current US$ per square kilometre | -2.6% |
| 1998 | 7,208 DOD, current US$ per square kilometre | +18.7% |
| 1999 | 6,859 DOD, current US$ per square kilometre | -4.8% |
| 2000 | 1,230 DOD, current US$ per square kilometre | -82.1% |
| 2001 | 1,804 DOD, current US$ per square kilometre | +46.7% |
| 2002 | 2,493 DOD, current US$ per square kilometre | +38.2% |
| 2003 | 3,678 DOD, current US$ per square kilometre | +47.6% |
| 2004 | 5,760 DOD, current US$ per square kilometre | +56.6% |
| 2005 | 6,052 DOD, current US$ per square kilometre | +5.1% |
| 2006 | 6,164 DOD, current US$ per square kilometre | +1.9% |
| 2007 | 7,098 DOD, current US$ per square kilometre | +15.1% |
| 2008 | 6,797 DOD, current US$ per square kilometre | -4.2% |
| 2009 | 6,343 DOD, current US$ per square kilometre | -6.7% |
| 2010 | 10,366 DOD, current US$ per square kilometre | +63.4% |
| 2011 | 12,488 DOD, current US$ per square kilometre | +20.5% |
| 2012 | 17,035 DOD, current US$ per square kilometre | +36.4% |
| 2013 | 16,845 DOD, current US$ per square kilometre | -1.1% |
| 2014 | 13,881 DOD, current US$ per square kilometre | -17.6% |
| 2015 | 9,712 DOD, current US$ per square kilometre | -30.0% |
| 2016 | 7,167 DOD, current US$ per square kilometre | -26.2% |
| 2017 | 19,184 DOD, current US$ per square kilometre | +167.7% |
| 2018 | 15,150 DOD, current US$ per square kilometre | -21.0% |
| 2019 | 22,902 DOD, current US$ per square kilometre | +51.2% |
| 2020 | 20,229 DOD, current US$ per square kilometre | -11.7% |
| 2021 | 20,394 DOD, current US$ per square kilometre | +0.8% |
| 2022 | 23,609 DOD, current US$ per square kilometre | +15.8% |
| 2023 | 20,086 DOD, current US$ per square kilometre | -14.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1,095 DOD, current US$ per square kilometre | 296.02 DOD, current US$ per square kilometre | 2,686 DOD, current US$ per square kilometre | 10 |
| 1980s | 3,686 DOD, current US$ per square kilometre | 510.31 DOD, current US$ per square kilometre | 6,307 DOD, current US$ per square kilometre | 10 |
| 1990s | 4,724 DOD, current US$ per square kilometre | 942.77 DOD, current US$ per square kilometre | 7,208 DOD, current US$ per square kilometre | 10 |
| 2000s | 4,742 DOD, current US$ per square kilometre | 1,230 DOD, current US$ per square kilometre | 7,098 DOD, current US$ per square kilometre | 10 |
| 2010s | 14,473 DOD, current US$ per square kilometre | 7,167 DOD, current US$ per square kilometre | 22,902 DOD, current US$ per square kilometre | 10 |
| 2020s | 21,079 DOD, current US$ per square kilometre | 20,086 DOD, current US$ per square kilometre | 23,609 DOD, current US$ per square kilometre | 4 |
Countries ranked near Nigeria
- 39 Morocco 22,764 DOD, current US$ per square kilometre compare
- 40 Djibouti 20,639 DOD, current US$ per square kilometre compare
- 41 Argentina 20,139 DOD, current US$ per square kilometre compare
- 43 Rwanda 17,964 DOD, current US$ per square kilometre compare
- 44 Colombia 16,669 DOD, current US$ per square kilometre compare
- 45 Ghana 16,531 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, short-term (dod, current us$), per square in Nigeria?
- External debt stocks, short-term (dod, current us$), per square in Nigeria was 20,086 DOD, current US$ per square kilometre in 2023, according to Statizoid (derived).
- What is the highest external debt stocks, short-term (dod, current us$), per square recorded in Nigeria?
- The highest recorded value was 23,609 DOD, current US$ per square kilometre in 2022.
- What is the lowest external debt stocks, short-term (dod, current us$), per square recorded in Nigeria?
- The lowest recorded value was 296.02 DOD, current US$ per square kilometre in 1970.
- How does Nigeria rank for external debt stocks, short-term (dod, current us$), per square?
- Nigeria ranks 42nd out of 120 countries with data for 2023.
- Is external debt stocks, short-term (dod, current us$), per square rising or falling in Nigeria?
- Over the last ten years it is up 19.2%. 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, short-term (DOD, current US$), per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
External debt stocks, short-term (DOD, current US$) 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, short-term (DOD, current US$) ÷ Land area (sq. km)
Computed from
- External debt stocks, short-term International Debt Statistics, World Bank (WB)
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
External debt stocks, short-term (DOD, current US$) 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.