Interest payments, PPG and PNG Private creditors in Nigeria
Nigeria: Interest payments, PPG and PNG Private creditors was 40.08 million current US$ in 2011. ◆ Volatile
Interest payments, PPG and PNG Private creditors in Nigeria, 1970–2011
Source: World Bank, Global Development Finance. Measured in current US$.
Analysis
In 2011, interest payments, ppg and png private creditors in Nigeria stood at 40.08 million current US$.
Compared with earlier readings it is up 561.1% on the previous year and down 76.8% over ten years.
Over the whole period, interest payments, ppg and png private creditors in Nigeria peaked at 1.12 billion current US$ in 1985 and was at its lowest, 188,000 current US$, in 1970.
That places Nigeria 9th out of 50 countries with data for 2011, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 29.92 million current US$ | 188,000 current US$ | 200.03 million current US$ | 10 |
| 1980s | 717.55 million current US$ | 216.06 million current US$ | 1.12 billion current US$ | 10 |
| 1990s | 522.20 million current US$ | 145.44 million current US$ | 1.00 billion current US$ | 10 |
| 2000s | 115.41 million current US$ | 3.88 million current US$ | 219.72 million current US$ | 10 |
| 2010s | 23.07 million current US$ | 6.06 million current US$ | 40.08 million current US$ | 2 |
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 interest payments, ppg and png private creditors in Nigeria?
- Interest payments, ppg and png private creditors in Nigeria was 40.08 million current US$ in 2011, according to World Bank, Global Development Finance.
- What is the highest interest payments, ppg and png private creditors recorded in Nigeria?
- The highest recorded value was 1.12 billion current US$ in 1985.
- What is the lowest interest payments, ppg and png private creditors recorded in Nigeria?
- The lowest recorded value was 188,000 current US$ in 1970.
- How does Nigeria rank for interest payments, ppg and png private creditors?
- Nigeria ranks 9th out of 50 countries with data for 2011.
- Is interest payments, ppg and png private creditors rising or falling in Nigeria?
- Over the last ten years it is down 76.8%. 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, PPG and PNG Private creditors (current US$). Statizoid updates them automatically from the source API.
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About this data
Public and publicly guaranteed debt from private creditors include bonds that are either publicly issued or privately placed; commercial bank loans from private banks and other private financial institutions; and other private credits from manufacturers, exporters, and other suppliers of goods, and bank credits covered by a guarantee of an export credit agency. Interest payments (LINT) are actual amounts of interest paid in currency, goods, or services in the year specified. Private nonguaranteed external debt is an external obligation of a private debtor that is not guaranteed for repayment by a public entity. Interest payments (LINT) 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.