IFC, private nonguaranteed in Nigeria
Nigeria: IFC, private nonguaranteed was 102.35 million NFL, US$ in 2024. ◆ Volatile
IFC, private nonguaranteed in Nigeria, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in NFL, US$.
Analysis
In 2024, ifc, private nonguaranteed in Nigeria stood at 102.35 million NFL, US$.
Compared with earlier readings it is up 99.5% on the previous year and up 689.6% over ten years.
Over the whole period, ifc, private nonguaranteed in Nigeria peaked at 278.14 million NFL, US$ in 2020 and was at its lowest, -103.41 million NFL, US$, in 2019.
Nigeria ranks 18th of 123 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
IFC, private nonguaranteed in Nigeria, year by year
| Year | NFL, US$ | Change |
|---|---|---|
| 1970 | 0 NFL, US$ | — |
| 1971 | 0 NFL, US$ | — |
| 1972 | 0 NFL, US$ | — |
| 1973 | 0 NFL, US$ | — |
| 1974 | 0 NFL, US$ | — |
| 1975 | 0 NFL, US$ | — |
| 1976 | 0 NFL, US$ | — |
| 1977 | 0 NFL, US$ | — |
| 1978 | 0 NFL, US$ | — |
| 1979 | 0 NFL, US$ | — |
| 1980 | 0 NFL, US$ | — |
| 1981 | 0 NFL, US$ | — |
| 1982 | 0 NFL, US$ | — |
| 1983 | 0 NFL, US$ | — |
| 1984 | 0 NFL, US$ | — |
| 1985 | 0 NFL, US$ | — |
| 1986 | 0 NFL, US$ | — |
| 1987 | 0 NFL, US$ | — |
| 1988 | 0 NFL, US$ | — |
| 1989 | 0 NFL, US$ | — |
| 1990 | 0 NFL, US$ | — |
| 1991 | 0 NFL, US$ | — |
| 1992 | 0 NFL, US$ | — |
| 1993 | 0 NFL, US$ | — |
| 1994 | 0 NFL, US$ | — |
| 1995 | 0 NFL, US$ | — |
| 1996 | 0 NFL, US$ | — |
| 1997 | 0 NFL, US$ | — |
| 1998 | 0 NFL, US$ | — |
| 1999 | 0 NFL, US$ | — |
| 2000 | 0 NFL, US$ | — |
| 2001 | 53.01 million NFL, US$ | — |
| 2002 | 2.89 million NFL, US$ | -94.6% |
| 2003 | 39.50 million NFL, US$ | +1268.6% |
| 2004 | 21.29 million NFL, US$ | -46.1% |
| 2005 | 24.10 million NFL, US$ | +13.2% |
| 2006 | 94.54 million NFL, US$ | +292.3% |
| 2007 | -88.13 million NFL, US$ | -193.2% |
| 2008 | -57.32 million NFL, US$ | -35.0% |
| 2009 | 2.33 million NFL, US$ | -104.1% |
| 2010 | -40.59 million NFL, US$ | -1838.7% |
| 2011 | 195.62 million NFL, US$ | -582.0% |
| 2012 | -27.29 million NFL, US$ | -114.0% |
| 2013 | 143.00 million NFL, US$ | -624.0% |
| 2014 | 12.96 million NFL, US$ | -90.9% |
| 2015 | 225.67 million NFL, US$ | +1641.0% |
| 2016 | -33.68 million NFL, US$ | -114.9% |
| 2017 | -94.81 million NFL, US$ | +181.5% |
| 2018 | 90.53 million NFL, US$ | -195.5% |
| 2019 | -103.41 million NFL, US$ | -214.2% |
| 2020 | 278.14 million NFL, US$ | -369.0% |
| 2021 | -63.06 million NFL, US$ | -122.7% |
| 2022 | 3.58 million NFL, US$ | -105.7% |
| 2023 | 51.30 million NFL, US$ | +1334.2% |
| 2024 | 102.35 million NFL, US$ | +99.5% |
Biggest year-on-year movements
Years where IFC, private nonguaranteed 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 |
|---|---|---|---|
| 2010 | -1838.7% | 2.33 million NFL, US$ | -40.59 million NFL, US$ |
| 2015 | +1641.0% | 12.96 million NFL, US$ | 225.67 million NFL, US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0 NFL, US$ | 0 NFL, US$ | 0 NFL, US$ | 10 |
| 1980s | 0 NFL, US$ | 0 NFL, US$ | 0 NFL, US$ | 10 |
| 1990s | 0 NFL, US$ | 0 NFL, US$ | 0 NFL, US$ | 10 |
| 2000s | 9.22 million NFL, US$ | -88.13 million NFL, US$ | 94.54 million NFL, US$ | 10 |
| 2010s | 36.80 million NFL, US$ | -103.41 million NFL, US$ | 225.67 million NFL, US$ | 10 |
| 2020s | 74.46 million NFL, US$ | -63.06 million NFL, US$ | 278.14 million NFL, US$ | 5 |
Countries ranked near Nigeria
More external debt data for Nigeria
- 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)
- Net financial flows, IDA (NFL, current US$), per square kilometre 1,640 NFL, current US$ per square kilometre (2023)
Frequently asked questions
- What is ifc, private nonguaranteed in Nigeria?
- Ifc, private nonguaranteed in Nigeria was 102.35 million NFL, US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest ifc, private nonguaranteed recorded in Nigeria?
- The highest recorded value was 278.14 million NFL, US$ in 2020.
- What is the lowest ifc, private nonguaranteed recorded in Nigeria?
- The lowest recorded value was -103.41 million NFL, US$ in 2019.
- How does Nigeria rank for ifc, private nonguaranteed?
- Nigeria ranks 18th out of 123 countries with data for 2024.
- Is ifc, private nonguaranteed rising or falling in Nigeria?
- Over the last ten years it is up 689.6%. 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 IFC, private nonguaranteed (NFL, US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Nonguaranteed long-term debt privately placed from the International Finance Corporation (IFC). Net flows (or net lending or net disbursements) received by the borrower during the year are disbursements minus principal repayments. Data are in current U.S. dollars.