Interest payments, Long-term debt including IMF credit in Nigeria
Nigeria: Interest payments, Long-term debt including IMF credit was 99.03 million current US$ in 2011. ◆ Volatile
Interest payments, Long-term debt including IMF credit in Nigeria, 1970–2011
Source: World Bank, Global Development Finance. Measured in current US$.
Analysis
The most recent figure for interest payments, long-term debt including imf credit in Nigeria is 99.03 million current US$, measured in 2011.
The figure is up 46.7% on the previous year and down 87.8% over ten years.
Over the whole period, interest payments, long-term debt including imf credit in Nigeria peaked at 4.94 billion current US$ in 2005 and was at its lowest, 255,000 current US$, in 1970.
That places Nigeria 10th out of 50 countries with data for 2011, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 60.68 million current US$ | 255,000 current US$ | 257.16 million current US$ | 10 |
| 1980s | 965.44 million current US$ | 507.11 million current US$ | 1.48 billion current US$ | 10 |
| 1990s | 1.13 billion current US$ | 426.46 million current US$ | 2.12 billion current US$ | 10 |
| 2000s | 828.18 million current US$ | 89.36 million current US$ | 4.94 billion current US$ | 10 |
| 2010s | 83.27 million current US$ | 67.52 million current US$ | 99.03 million current US$ | 2 |
Countries ranked near Nigeria
More external debt data for Nigeria
- IFC, private nonguaranteed 102.35 million NFL, US$ (2024)
- Public and publicly guaranteed debt service 1.6% (2024)
- Net financial flows, IDA 1.92 billion NFL, current US$ (2024)
- Net financial flows, IBRD 758.21 million NFL, current US$ (2024)
- Public and publicly guaranteed debt service 6.3% (2024)
- Use of IMF credit 6.05 billion DOD, current US$ (2024)
- External debt stocks, public and publicly guaranteed (PPG) 50.19 billion DOD, current US$ (2024)
- IBRD loans and IDA credits 17.84 billion DOD, current US$ (2024)
- Net financial flows, bilateral 112.67 million NFL, current US$ (2024)
- Net financial flows, multilateral 3.19 billion NFL, current US$ (2024)
Frequently asked questions
- What is interest payments, long-term debt including imf credit in Nigeria?
- Interest payments, long-term debt including imf credit in Nigeria was 99.03 million current US$ in 2011, according to World Bank, Global Development Finance.
- What is the highest interest payments, long-term debt including imf credit recorded in Nigeria?
- The highest recorded value was 4.94 billion current US$ in 2005.
- What is the lowest interest payments, long-term debt including imf credit recorded in Nigeria?
- The lowest recorded value was 255,000 current US$ in 1970.
- How does Nigeria rank for interest payments, long-term debt including imf credit?
- Nigeria ranks 10th out of 50 countries with data for 2011.
- Is interest payments, long-term debt including imf credit rising or falling in Nigeria?
- Over the last ten years it is down 87.8%. 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 payments, Long-term debt including IMF credit (current US$). Statizoid updates them automatically from the source API.
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About this data
Interest payments on long-term debt are actual amounts of interest paid in currency, goods, or services in the year specified. Long-term external debt is defined as debt that has an original or extended maturity of more than one year and that is owed to nonresidents and repayable in currency, goods, or services. IMF charges cover interest payments with respect to all uses of IMF resources, excluding those resulting from drawings in the reserve tranche.