IMF repurchases and charges in Nigeria
Nigeria: IMF repurchases and charges was 1.93 billion TDS, current US$ in 2024. ◆ Volatile
IMF repurchases and charges in Nigeria, 1999–2024
Source: International Debt Statistics, World Bank (WB). Measured in TDS, current US$.
Analysis
The most recent figure for imf repurchases and charges in Nigeria is 1.93 billion TDS, current US$, measured in 2024. That is the highest value across all 26 years on record.
Compared with earlier readings it is up 64.9% on the previous year and up 151,219.0% over ten years.
Over the whole period, imf repurchases and charges in Nigeria peaked at 1.93 billion TDS, current US$ in 2024 and was at its lowest, 769,858 TDS, current US$, in 2012.
That places Nigeria 7th out of 123 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
IMF repurchases and charges in Nigeria, year by year
| Year | TDS, current US$ | Change |
|---|---|---|
| 1999 | 8.29 million TDS, current US$ | — |
| 2000 | 9.00 million TDS, current US$ | +8.5% |
| 2001 | 4.46 million TDS, current US$ | -50.4% |
| 2002 | 4.08 million TDS, current US$ | -8.5% |
| 2003 | 3.45 million TDS, current US$ | -15.4% |
| 2004 | 5.17 million TDS, current US$ | +49.8% |
| 2005 | 6.81 million TDS, current US$ | +31.6% |
| 2006 | 9.62 million TDS, current US$ | +41.4% |
| 2007 | 8.49 million TDS, current US$ | -11.7% |
| 2008 | 1.98 million TDS, current US$ | -76.6% |
| 2009 | 6.04 million TDS, current US$ | +204.3% |
| 2010 | 8.26 million TDS, current US$ | +36.7% |
| 2011 | 2.83 million TDS, current US$ | -65.8% |
| 2012 | 769,858 TDS, current US$ | -72.8% |
| 2013 | 3.31 million TDS, current US$ | +329.9% |
| 2014 | 1.27 million TDS, current US$ | -61.5% |
| 2015 | 1.17 million TDS, current US$ | -7.8% |
| 2016 | 1.97 million TDS, current US$ | +67.6% |
| 2017 | 1.24 million TDS, current US$ | -36.8% |
| 2018 | 2.24 million TDS, current US$ | +80.5% |
| 2019 | 23.00 million TDS, current US$ | +925.3% |
| 2020 | 25.95 million TDS, current US$ | +12.8% |
| 2021 | 40.19 million TDS, current US$ | +54.9% |
| 2022 | 128.70 million TDS, current US$ | +220.3% |
| 2023 | 1.17 billion TDS, current US$ | +808.0% |
| 2024 | 1.93 billion TDS, current US$ | +64.9% |
Nigeria compared with similar countries
- Nigeria's 1.93 billion TDS, current US$ is above the median for lower middle income countries, which is 62.38 million TDS, current US$, 30.9× the median. (43 countries reporting)
- Nigeria's 1.93 billion TDS, current US$ is above the median for Sub-Saharan Africa, which is 46.08 million TDS, current US$, 41.8× the median. (44 countries reporting)
Biggest year-on-year movements
Years where IMF repurchases and charges in Nigeria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2019 | +925.3% | 2.24 million TDS, current US$ | 23.00 million TDS, current US$ |
| 2023 | +808.0% | 128.70 million TDS, current US$ | 1.17 billion TDS, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 8.29 million TDS, current US$ | 8.29 million TDS, current US$ | 8.29 million TDS, current US$ | 1 |
| 2000s | 5.91 million TDS, current US$ | 1.98 million TDS, current US$ | 9.62 million TDS, current US$ | 10 |
| 2010s | 4.61 million TDS, current US$ | 769,858 TDS, current US$ | 23.00 million TDS, current US$ | 10 |
| 2020s | 658.09 million TDS, current US$ | 25.95 million TDS, current US$ | 1.93 billion TDS, current US$ | 5 |
Countries ranked near Nigeria
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 imf repurchases and charges in Nigeria?
- Imf repurchases and charges in Nigeria was 1.93 billion TDS, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest imf repurchases and charges recorded in Nigeria?
- The highest recorded value was 1.93 billion TDS, current US$ in 2024.
- What is the lowest imf repurchases and charges recorded in Nigeria?
- The lowest recorded value was 769,858 TDS, current US$ in 2012.
- How does Nigeria rank for imf repurchases and charges?
- Nigeria ranks 7th out of 123 countries with data for 2024.
- Is imf repurchases and charges rising or falling in Nigeria?
- Over the last ten years it is up 151,219.0%. 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 IMF repurchases and charges (TDS, current US$). Statizoid updates them automatically from the source API.
Download this data
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About this data
IMF repurchases are total repayments of outstanding drawings from the General Resources Account during the year specified, excluding repayments due in the reserve tranche. IMF charges cover interest payments with respect to all uses of IMF resources, excluding those resulting from drawings in the reserve tranche. Data are in current U.S. dollars.