Liabilities, International Liquidity, Liabilities to Nonresidents in Nigeria
Nigeria: Liabilities, International Liquidity, Liabilities to Nonresidents was 14.81 billion in 2023. ◆ Volatile
Liabilities, International Liquidity, Liabilities to Nonresidents in Nigeria, 2001–2023
Source: International Monetary Fund.
Analysis
The most recent figure for liabilities, international liquidity, liabilities to nonresidents in Nigeria is 14.81 billion, measured in 2023.
Compared with earlier readings it is down 23.1% on the previous year and up 339.9% over ten years.
Over the whole period, liabilities, international liquidity, liabilities to nonresidents in Nigeria peaked at 19.26 billion in 2022 and was at its lowest, 142.75 million, in 2004.
Nigeria ranks 46th of 174 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Liabilities, International Liquidity, Liabilities to Nonresidents in Nigeria, year by year
| Year | Value | Change |
|---|---|---|
| 2001 | 152.15 million | — |
| 2002 | 149.93 million | -1.5% |
| 2003 | 154.44 million | +3.0% |
| 2004 | 142.75 million | -7.6% |
| 2005 | 180.45 million | +26.4% |
| 2006 | 283.89 million | +57.3% |
| 2007 | 2.05 billion | +620.6% |
| 2008 | 1.75 billion | -14.6% |
| 2009 | 1.33 billion | -24.1% |
| 2010 | 1.10 billion | -16.9% |
| 2011 | 3.59 billion | +225.4% |
| 2012 | 2.34 billion | -34.8% |
| 2013 | 3.37 billion | +43.8% |
| 2014 | 7.42 billion | +120.4% |
| 2015 | 8.10 billion | +9.2% |
| 2016 | 6.29 billion | -22.3% |
| 2017 | 8.15 billion | +29.5% |
| 2018 | 11.15 billion | +36.9% |
| 2019 | 16.01 billion | +43.6% |
| 2020 | 15.49 billion | -3.3% |
| 2021 | 13.60 billion | -12.2% |
| 2022 | 19.26 billion | +41.6% |
| 2023 | 14.81 billion | -23.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 687.07 million | 142.75 million | 2.05 billion | 9 |
| 2010s | 6.75 billion | 1.10 billion | 16.01 billion | 10 |
| 2020s | 15.79 billion | 13.60 billion | 19.26 billion | 4 |
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 liabilities, international liquidity, liabilities to nonresidents in Nigeria?
- Liabilities, international liquidity, liabilities to nonresidents in Nigeria was 14.81 billion in 2023, according to International Monetary Fund.
- What is the highest liabilities, international liquidity, liabilities to nonresidents recorded in Nigeria?
- The highest recorded value was 19.26 billion in 2022.
- What is the lowest liabilities, international liquidity, liabilities to nonresidents recorded in Nigeria?
- The lowest recorded value was 142.75 million in 2004.
- How does Nigeria rank for liabilities, international liquidity, liabilities to nonresidents?
- Nigeria ranks 46th out of 174 countries with data for 2023.
- Is liabilities, international liquidity, liabilities to nonresidents rising or falling in Nigeria?
- Over the last ten years it is up 339.9%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from International Monetary Fund, published as part of Liabilities, International Liquidity, Liabilities to Nonresidents (ODCS) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The Monetary and Financial Statistics (MFS), Other Depository Corporations (ODCs) dataset presents the sectoral balance sheet of the ODCs highlighting the liabilities of ODCs sector that are included in broad money and financial linkages of the sector with other economic sectors and nonresidents.