Interest due, total long-term and short term, including IMF per BOP in Nigeria
Nigeria: Interest due, total long-term and short term, including IMF per BOP was 1.97 billion current US$ in 1999. ◆ Volatile
Interest due, total long-term and short term, including IMF per BOP in Nigeria, 1970–1999
Source: World Bank, Global Development Finance. Measured in current US$.
Analysis
In 1999, interest due, total long-term and short term, including imf per bop in Nigeria stood at 1.97 billion current US$.
The figure is down 5.5% on the previous year and down 16.3% over ten years.
Over the whole period, interest due, total long-term and short term, including imf per bop in Nigeria peaked at 2.74 billion current US$ in 1990 and was at its lowest, 27.77 million current US$, in 1970.
That places Nigeria 2nd out of 49 countries with data for 1999, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Interest due, total long-term and short term, including IMF per BOP in Nigeria, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 27.77 million current US$ | — |
| 1971 | 30.09 million current US$ | +8.4% |
| 1972 | 31.46 million current US$ | +4.6% |
| 1973 | 38.20 million current US$ | +21.4% |
| 1974 | 41.70 million current US$ | +9.2% |
| 1975 | 45.42 million current US$ | +8.9% |
| 1976 | 44.29 million current US$ | -2.5% |
| 1977 | 754.18 million current US$ | +1602.7% |
| 1978 | 521.04 million current US$ | -30.9% |
| 1979 | 907.67 million current US$ | +74.2% |
| 1980 | 2.33 billion current US$ | +156.3% |
| 1981 | 1.89 billion current US$ | -18.8% |
| 1982 | 933.00 million current US$ | -50.6% |
| 1983 | 1.24 billion current US$ | +32.5% |
| 1984 | 2.11 billion current US$ | +71.0% |
| 1985 | 2.14 billion current US$ | +1.3% |
| 1986 | 2.08 billion current US$ | -2.7% |
| 1987 | 2.11 billion current US$ | +1.2% |
| 1988 | 2.37 billion current US$ | +12.3% |
| 1989 | 2.36 billion current US$ | -0.5% |
| 1990 | 2.74 billion current US$ | +16.3% |
| 1991 | 2.42 billion current US$ | -11.6% |
| 1992 | 2.13 billion current US$ | -12.0% |
| 1993 | 1.89 billion current US$ | -11.5% |
| 1994 | 1.66 billion current US$ | -12.0% |
| 1995 | 1.51 billion current US$ | -9.1% |
| 1996 | 1.54 billion current US$ | +1.9% |
| 1997 | 1.64 billion current US$ | +6.3% |
| 1998 | 2.09 billion current US$ | +27.5% |
| 1999 | 1.97 billion current US$ | -5.5% |
Nigeria compared with similar countries
- Nigeria's 1.97 billion current US$ is above the median for lower middle income countries, which is 44.99 million current US$, 43.8× the median. (23 countries reporting)
- Nigeria's 1.97 billion current US$ is above the median for Sub-Saharan Africa, which is 20.16 million current US$, 97.8× the median. (44 countries reporting)
Biggest year-on-year movements
Years where Interest due, total long-term and short term, including IMF per BOP in Nigeria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1977 | +1602.7% | 44.29 million current US$ | 754.18 million current US$ |
| 1980 | +156.3% | 907.67 million current US$ | 2.33 billion current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 244.18 million current US$ | 27.77 million current US$ | 907.67 million current US$ | 10 |
| 1980s | 1.96 billion current US$ | 933.00 million current US$ | 2.37 billion current US$ | 10 |
| 1990s | 1.96 billion current US$ | 1.51 billion current US$ | 2.74 billion current US$ | 10 |
Countries ranked near Nigeria
- 1 South Africa 3.08 billion current US$ compare
- 3 Sudan 1.18 billion current US$
- 4 Cote d'Ivoire 1.12 billion current US$ compare
- 5 Egypt 1.10 billion current US$
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 interest due, total long-term and short term, including imf per bop in Nigeria?
- Interest due, total long-term and short term, including imf per bop in Nigeria was 1.97 billion current US$ in 1999, according to World Bank, Global Development Finance.
- What is the highest interest due, total long-term and short term, including imf per bop recorded in Nigeria?
- The highest recorded value was 2.74 billion current US$ in 1990.
- What is the lowest interest due, total long-term and short term, including imf per bop recorded in Nigeria?
- The lowest recorded value was 27.77 million current US$ in 1970.
- How does Nigeria rank for interest due, total long-term and short term, including imf per bop?
- Nigeria ranks 2nd out of 49 countries with data for 1999.
- Is interest due, total long-term and short term, including imf per bop rising or falling in Nigeria?
- Over the last ten years it is down 16.3%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from World Bank, Global Development Finance, published as part of Interest due, total long-term and short term, including IMF per BOP (current US$). Statizoid updates them automatically from the source API.
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About this data
Interest due is actual amounts of interest due in currency, goods, or services in the year specified.