Liabilities, International Liquidity, Liabilities to Nonresidents in Nigeria
Nigeria: Liabilities, International Liquidity, Liabilities to Nonresidents was 0.0304 units per US$ of GDP in 2023. ◆ Volatile
Liabilities, International Liquidity, Liabilities to Nonresidents in Nigeria, 2001–2023
Source: Statizoid (derived). Measured in units per US$ of GDP.
Analysis
The most recent figure for liabilities, international liquidity, liabilities to nonresidents in Nigeria is 0.0304 units per US$ of GDP, measured in 2023. That is the highest value across all 23 years on record.
The figure is up 2.1% on the previous year and up 369.5% over ten years.
Over the whole period, liabilities, international liquidity, liabilities to nonresidents in Nigeria peaked at 0.0304 units per US$ of GDP in 2023 and was at its lowest, 0.001 units per US$ of GDP, in 2005.
That places Nigeria 108th out of 170 countries with data for 2023, putting it 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 | units per US$ of GDP | Change |
|---|---|---|
| 2001 | 0.0021 units per US$ of GDP | — |
| 2002 | 0.0016 units per US$ of GDP | -23.7% |
| 2003 | 0.0015 units per US$ of GDP | -6.5% |
| 2004 | 0.0011 units per US$ of GDP | -28.7% |
| 2005 | 0.001 units per US$ of GDP | -2.3% |
| 2006 | 0.0012 units per US$ of GDP | +15.9% |
| 2007 | 0.0074 units per US$ of GDP | +517.5% |
| 2008 | 0.0051 units per US$ of GDP | -30.0% |
| 2009 | 0.0045 units per US$ of GDP | -12.6% |
| 2010 | 0.003 units per US$ of GDP | -33.2% |
| 2011 | 0.0087 units per US$ of GDP | +188.1% |
| 2012 | 0.005 units per US$ of GDP | -41.7% |
| 2013 | 0.0065 units per US$ of GDP | +28.3% |
| 2014 | 0.0129 units per US$ of GDP | +99.6% |
| 2015 | 0.0164 units per US$ of GDP | +27.2% |
| 2016 | 0.0156 units per US$ of GDP | -5.4% |
| 2017 | 0.0217 units per US$ of GDP | +39.4% |
| 2018 | 0.0264 units per US$ of GDP | +22.0% |
| 2019 | 0.024 units per US$ of GDP | -9.4% |
| 2020 | 0.0259 units per US$ of GDP | +8.0% |
| 2021 | 0.0223 units per US$ of GDP | -13.7% |
| 2022 | 0.0298 units per US$ of GDP | +33.3% |
| 2023 | 0.0304 units per US$ of GDP | +2.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.0028 units per US$ of GDP | 0.001 units per US$ of GDP | 0.0074 units per US$ of GDP | 9 |
| 2010s | 0.014 units per US$ of GDP | 0.003 units per US$ of GDP | 0.0264 units per US$ of GDP | 10 |
| 2020s | 0.0271 units per US$ of GDP | 0.0223 units per US$ of GDP | 0.0304 units per US$ of GDP | 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 0.0304 units per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest liabilities, international liquidity, liabilities to nonresidents recorded in Nigeria?
- The highest recorded value was 0.0304 units per US$ of GDP in 2023.
- What is the lowest liabilities, international liquidity, liabilities to nonresidents recorded in Nigeria?
- The lowest recorded value was 0.001 units per US$ of GDP in 2005.
- How does Nigeria rank for liabilities, international liquidity, liabilities to nonresidents?
- Nigeria ranks 108th out of 170 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 369.5%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from Statizoid (derived), published as part of Liabilities, International Liquidity, Liabilities to Nonresidents (ODCS) (US dollar), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Liabilities, International Liquidity, Liabilities to Nonresidents (ODCS) (US dollar) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Liabilities, International Liquidity, Liabilities to Nonresidents (ODCS) (US dollar) ÷ GDP (current US$)
Computed from
- Liabilities, International Liquidity, Liabilities to Nonresidents International Monetary Fund
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Liabilities, International Liquidity, Liabilities to Nonresidents (ODCS) (US dollar) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.