IBRD loans and IDA credits (DOD, current US$), per unit of GDP in Nigeria
Nigeria: IBRD loans and IDA credits (DOD, current US$), per unit of GDP was 0.0707 DOD, current US$ per US$ of GDP in 2024. ◆ Volatile
IBRD loans and IDA credits (DOD, current US$), per unit of GDP in Nigeria, 1970–2024
Source: Statizoid (derived). Measured in DOD, current US$ per US$ of GDP.
Analysis
In 2024, ibrd loans and ida credits (dod, current us$), per unit of gdp in Nigeria stood at 0.0707 DOD, current US$ per US$ of GDP. That is the highest value across all 55 years on record.
That represents a change of up 120.8% on the previous year and up 602.8% over ten years.
Over the whole period, ibrd loans and ida credits (dod, current us$), per unit of gdp in Nigeria peaked at 0.0707 DOD, current US$ per US$ of GDP in 2024 and was at its lowest, 0.0036 DOD, current US$ per US$ of GDP, in 1981.
That places Nigeria 37th out of 122 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
IBRD loans and IDA credits (DOD, current US$), per unit of GDP in Nigeria, year by year
| Year | DOD, current US$ per US$ of GDP | Change |
|---|---|---|
| 1970 | 0.0145 DOD, current US$ per US$ of GDP | — |
| 1971 | 0.0235 DOD, current US$ per US$ of GDP | +61.6% |
| 1972 | 0.023 DOD, current US$ per US$ of GDP | -2.3% |
| 1973 | 0.0198 DOD, current US$ per US$ of GDP | -13.7% |
| 1974 | 0.0134 DOD, current US$ per US$ of GDP | -32.4% |
| 1975 | 0.013 DOD, current US$ per US$ of GDP | -2.7% |
| 1976 | 0.0111 DOD, current US$ per US$ of GDP | -15.0% |
| 1977 | 0.0124 DOD, current US$ per US$ of GDP | +12.3% |
| 1978 | 0.0133 DOD, current US$ per US$ of GDP | +6.9% |
| 1979 | 0.0109 DOD, current US$ per US$ of GDP | -17.8% |
| 1980 | 0.0086 DOD, current US$ per US$ of GDP | -21.0% |
| 1981 | 0.0036 DOD, current US$ per US$ of GDP | -57.8% |
| 1982 | 0.005 DOD, current US$ per US$ of GDP | +36.6% |
| 1983 | 0.0089 DOD, current US$ per US$ of GDP | +78.0% |
| 1984 | 0.0127 DOD, current US$ per US$ of GDP | +43.7% |
| 1985 | 0.0189 DOD, current US$ per US$ of GDP | +48.1% |
| 1986 | 0.0396 DOD, current US$ per US$ of GDP | +109.9% |
| 1987 | 0.0564 DOD, current US$ per US$ of GDP | +42.4% |
| 1988 | 0.0556 DOD, current US$ per US$ of GDP | -1.5% |
| 1989 | 0.0667 DOD, current US$ per US$ of GDP | +20.1% |
| 1990 | 0.0615 DOD, current US$ per US$ of GDP | -7.9% |
| 1991 | 0.0564 DOD, current US$ per US$ of GDP | -8.3% |
| 1992 | 0.0625 DOD, current US$ per US$ of GDP | +10.9% |
| 1993 | 0.0583 DOD, current US$ per US$ of GDP | -6.8% |
| 1994 | 0.0431 DOD, current US$ per US$ of GDP | -26.0% |
| 1995 | 0.0248 DOD, current US$ per US$ of GDP | -42.6% |
| 1996 | 0.0167 DOD, current US$ per US$ of GDP | -32.4% |
| 1997 | 0.0139 DOD, current US$ per US$ of GDP | -17.2% |
| 1998 | 0.013 DOD, current US$ per US$ of GDP | -6.1% |
| 1999 | 0.0442 DOD, current US$ per US$ of GDP | +239.6% |
| 2000 | 0.0328 DOD, current US$ per US$ of GDP | -25.8% |
| 2001 | 0.0266 DOD, current US$ per US$ of GDP | -18.8% |
| 2002 | 0.0205 DOD, current US$ per US$ of GDP | -22.9% |
| 2003 | 0.019 DOD, current US$ per US$ of GDP | -7.5% |
| 2004 | 0.0147 DOD, current US$ per US$ of GDP | -22.6% |
| 2005 | 0.0106 DOD, current US$ per US$ of GDP | -28.0% |
| 2006 | 0.0087 DOD, current US$ per US$ of GDP | -17.8% |
| 2007 | 0.0083 DOD, current US$ per US$ of GDP | -4.6% |
| 2008 | 0.0072 DOD, current US$ per US$ of GDP | -12.9% |
| 2009 | 0.0097 DOD, current US$ per US$ of GDP | +33.7% |
| 2010 | 0.0101 DOD, current US$ per US$ of GDP | +4.4% |
| 2011 | 0.0102 DOD, current US$ per US$ of GDP | +0.6% |
| 2012 | 0.0101 DOD, current US$ per US$ of GDP | -0.5% |
| 2013 | 0.0101 DOD, current US$ per US$ of GDP | +0.5% |
| 2014 | 0.0101 DOD, current US$ per US$ of GDP | -0.8% |
| 2015 | 0.0126 DOD, current US$ per US$ of GDP | +25.5% |
| 2016 | 0.0164 DOD, current US$ per US$ of GDP | +29.9% |
| 2017 | 0.0211 DOD, current US$ per US$ of GDP | +28.3% |
| 2018 | 0.0203 DOD, current US$ per US$ of GDP | -3.7% |
| 2019 | 0.0149 DOD, current US$ per US$ of GDP | -26.5% |
| 2020 | 0.0191 DOD, current US$ per US$ of GDP | +28.0% |
| 2021 | 0.0202 DOD, current US$ per US$ of GDP | +6.0% |
| 2022 | 0.0216 DOD, current US$ per US$ of GDP | +7.0% |
| 2023 | 0.032 DOD, current US$ per US$ of GDP | +48.1% |
| 2024 | 0.0707 DOD, current US$ per US$ of GDP | +120.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0155 DOD, current US$ per US$ of GDP | 0.0109 DOD, current US$ per US$ of GDP | 0.0235 DOD, current US$ per US$ of GDP | 10 |
| 1980s | 0.0276 DOD, current US$ per US$ of GDP | 0.0036 DOD, current US$ per US$ of GDP | 0.0667 DOD, current US$ per US$ of GDP | 10 |
| 1990s | 0.0394 DOD, current US$ per US$ of GDP | 0.013 DOD, current US$ per US$ of GDP | 0.0625 DOD, current US$ per US$ of GDP | 10 |
| 2000s | 0.0158 DOD, current US$ per US$ of GDP | 0.0072 DOD, current US$ per US$ of GDP | 0.0328 DOD, current US$ per US$ of GDP | 10 |
| 2010s | 0.0136 DOD, current US$ per US$ of GDP | 0.0101 DOD, current US$ per US$ of GDP | 0.0211 DOD, current US$ per US$ of GDP | 10 |
| 2020s | 0.0327 DOD, current US$ per US$ of GDP | 0.0191 DOD, current US$ per US$ of GDP | 0.0707 DOD, current US$ per US$ of GDP | 5 |
Countries ranked near Nigeria
- 34 Vanuatu 0.0736 DOD, current US$ per US$ of GDP compare
- 35 Yemen 0.0734 DOD, current US$ per US$ of GDP compare
- 36 Djibouti 0.0712 DOD, current US$ per US$ of GDP compare
- 38 Sierra Leone 0.0664 DOD, current US$ per US$ of GDP compare
- 39 Armenia 0.0664 DOD, current US$ per US$ of GDP compare
- 40 Morocco 0.0635 DOD, current US$ per US$ of GDP 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 ibrd loans and ida credits (dod, current us$), per unit of gdp in Nigeria?
- Ibrd loans and ida credits (dod, current us$), per unit of gdp in Nigeria was 0.0707 DOD, current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest ibrd loans and ida credits (dod, current us$), per unit of gdp recorded in Nigeria?
- The highest recorded value was 0.0707 DOD, current US$ per US$ of GDP in 2024.
- What is the lowest ibrd loans and ida credits (dod, current us$), per unit of gdp recorded in Nigeria?
- The lowest recorded value was 0.0036 DOD, current US$ per US$ of GDP in 1981.
- How does Nigeria rank for ibrd loans and ida credits (dod, current us$), per unit of gdp?
- Nigeria ranks 37th out of 122 countries with data for 2024.
- Is ibrd loans and ida credits (dod, current us$), per unit of gdp rising or falling in Nigeria?
- Over the last ten years it is up 602.8%. 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 IBRD loans and IDA credits (DOD, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
IBRD loans and IDA credits (DOD, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
IBRD loans and IDA credits (DOD, current US$) ÷ GDP (current US$)
Computed from
- IBRD loans and IDA credits International Debt Statistics, World Bank (WB)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
IBRD loans and IDA credits (DOD, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.