Multilateral debt service (TDS, current US$), per square kilometre in Nigeria
Nigeria: Multilateral debt service (TDS, current US$), per square kilometre was 940.2 TDS, current US$ per square kilometre in 2023. ◆ Volatile
Latest (2023)
940.2 TDS, current US$ per square kilometre
Change on year
up 34.2%
World rank
71st
of 121 countries
All-time high
940.2 TDS, current US$ per square kilometre
in 2023
All-time low
15 TDS, current US$ per square kilometre
in 1970
Years of data
54
1970–2023
Multilateral debt service (TDS, current US$), per square kilometre in Nigeria, 1970–2023
Source: Statizoid (derived). Measured in TDS, current US$ per square kilometre.
Analysis
Nigeria recorded 940.2 TDS, current US$ per square kilometre for multilateral debt service (tds, current us$), per square kilometre in 2023. That is the highest value across all 54 years on record.
The figure is up 34.2% on the previous year and up 346.6% over ten years.
Over the whole period, multilateral debt service (tds, current us$), per square kilometre in Nigeria peaked at 940.2 TDS, current US$ per square kilometre in 2023 and was at its lowest, 15 TDS, current US$ per square kilometre, in 1970.
Nigeria ranks 71st of 121 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.
Multilateral debt service (TDS, current US$), per square kilometre in Nigeria, year by year
| Year | TDS, current US$ per square kilometre | Change |
|---|---|---|
| 1970 | 15 TDS, current US$ per square kilometre | — |
| 1971 | 17.27 TDS, current US$ per square kilometre | +15.2% |
| 1972 | 22.72 TDS, current US$ per square kilometre | +31.5% |
| 1973 | 28.96 TDS, current US$ per square kilometre | +27.5% |
| 1974 | 34.96 TDS, current US$ per square kilometre | +20.7% |
| 1975 | 40.71 TDS, current US$ per square kilometre | +16.4% |
| 1976 | 44.76 TDS, current US$ per square kilometre | +9.9% |
| 1977 | 54.94 TDS, current US$ per square kilometre | +22.7% |
| 1978 | 58.83 TDS, current US$ per square kilometre | +7.1% |
| 1979 | 73.81 TDS, current US$ per square kilometre | +25.5% |
| 1980 | 78.08 TDS, current US$ per square kilometre | +5.8% |
| 1981 | 81.19 TDS, current US$ per square kilometre | +4.0% |
| 1982 | 96.56 TDS, current US$ per square kilometre | +18.9% |
| 1983 | 110.45 TDS, current US$ per square kilometre | +14.4% |
| 1984 | 126.14 TDS, current US$ per square kilometre | +14.2% |
| 1985 | 142.94 TDS, current US$ per square kilometre | +13.3% |
| 1986 | 254.1 TDS, current US$ per square kilometre | +77.8% |
| 1987 | 381.92 TDS, current US$ per square kilometre | +50.3% |
| 1988 | 491.27 TDS, current US$ per square kilometre | +28.6% |
| 1989 | 474.24 TDS, current US$ per square kilometre | -3.5% |
| 1990 | 558.62 TDS, current US$ per square kilometre | +17.8% |
| 1991 | 708.48 TDS, current US$ per square kilometre | +26.8% |
| 1992 | 700.99 TDS, current US$ per square kilometre | -1.1% |
| 1993 | 706.87 TDS, current US$ per square kilometre | +0.8% |
| 1994 | 842.29 TDS, current US$ per square kilometre | +19.2% |
| 1995 | 870.85 TDS, current US$ per square kilometre | +3.4% |
| 1996 | 844.84 TDS, current US$ per square kilometre | -3.0% |
| 1997 | 820.18 TDS, current US$ per square kilometre | -2.9% |
| 1998 | 726.42 TDS, current US$ per square kilometre | -11.4% |
| 1999 | 761.11 TDS, current US$ per square kilometre | +4.8% |
| 2000 | 653.43 TDS, current US$ per square kilometre | -14.1% |
| 2001 | 509.08 TDS, current US$ per square kilometre | -22.1% |
| 2002 | 492.24 TDS, current US$ per square kilometre | -3.3% |
| 2003 | 535.53 TDS, current US$ per square kilometre | +8.8% |
| 2004 | 525.98 TDS, current US$ per square kilometre | -1.8% |
| 2005 | 510.47 TDS, current US$ per square kilometre | -2.9% |
| 2006 | 468.02 TDS, current US$ per square kilometre | -8.3% |
| 2007 | 418.64 TDS, current US$ per square kilometre | -10.6% |
| 2008 | 392.08 TDS, current US$ per square kilometre | -6.3% |
| 2009 | 286.59 TDS, current US$ per square kilometre | -26.9% |
| 2010 | 226.96 TDS, current US$ per square kilometre | -20.8% |
| 2011 | 234.95 TDS, current US$ per square kilometre | +3.5% |
| 2012 | 139.97 TDS, current US$ per square kilometre | -40.4% |
| 2013 | 210.51 TDS, current US$ per square kilometre | +50.4% |
| 2014 | 162.46 TDS, current US$ per square kilometre | -22.8% |
| 2015 | 168.19 TDS, current US$ per square kilometre | +3.5% |
| 2016 | 250.77 TDS, current US$ per square kilometre | +49.1% |
| 2017 | 229.23 TDS, current US$ per square kilometre | -8.6% |
| 2018 | 301.06 TDS, current US$ per square kilometre | +31.3% |
| 2019 | 389.43 TDS, current US$ per square kilometre | +29.4% |
| 2020 | 502.09 TDS, current US$ per square kilometre | +28.9% |
| 2021 | 562.68 TDS, current US$ per square kilometre | +12.1% |
| 2022 | 700.52 TDS, current US$ per square kilometre | +24.5% |
| 2023 | 940.2 TDS, current US$ per square kilometre | +34.2% |
Nigeria compared with similar countries
- Nigeria's 940.2 TDS, current US$ per square kilometre is below the median for lower middle income countries, which is 1,170 TDS, current US$ per square kilometre, 80% of the median. (43 countries reporting)
- Nigeria's 940.2 TDS, current US$ per square kilometre is above the median for Sub-Saharan Africa, which is 654.1 TDS, current US$ per square kilometre, 1.4× the median. (44 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 39.2 TDS, current US$ per square kilometre | 15 TDS, current US$ per square kilometre | 73.81 TDS, current US$ per square kilometre | 10 |
| 1980s | 223.69 TDS, current US$ per square kilometre | 78.08 TDS, current US$ per square kilometre | 491.27 TDS, current US$ per square kilometre | 10 |
| 1990s | 754.07 TDS, current US$ per square kilometre | 558.62 TDS, current US$ per square kilometre | 870.85 TDS, current US$ per square kilometre | 10 |
| 2000s | 479.21 TDS, current US$ per square kilometre | 286.59 TDS, current US$ per square kilometre | 653.43 TDS, current US$ per square kilometre | 10 |
| 2010s | 231.36 TDS, current US$ per square kilometre | 139.97 TDS, current US$ per square kilometre | 389.43 TDS, current US$ per square kilometre | 10 |
| 2020s | 676.37 TDS, current US$ per square kilometre | 502.09 TDS, current US$ per square kilometre | 940.2 TDS, current US$ per square kilometre | 4 |
Countries ranked near Nigeria
- 68 Guinea-Bissau 1,080 TDS, current US$ per square kilometre compare
- 69 Cote d'Ivoire 1,042 TDS, current US$ per square kilometre compare
- 70 Thailand 1,033 TDS, current US$ per square kilometre compare
- 72 Tajikistan 872.5 TDS, current US$ per square kilometre compare
- 73 Bolivia 867.48 TDS, current US$ per square kilometre compare
- 74 Cambodia 797.83 TDS, current US$ per square kilometre compare
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 multilateral debt service (tds, current us$), per square kilometre in Nigeria?
- Multilateral debt service (tds, current us$), per square kilometre in Nigeria was 940.2 TDS, current US$ per square kilometre in 2023, according to Statizoid (derived).
- What is the highest multilateral debt service (tds, current us$), per square kilometre recorded in Nigeria?
- The highest recorded value was 940.2 TDS, current US$ per square kilometre in 2023.
- What is the lowest multilateral debt service (tds, current us$), per square kilometre recorded in Nigeria?
- The lowest recorded value was 15 TDS, current US$ per square kilometre in 1970.
- How does Nigeria rank for multilateral debt service (tds, current us$), per square kilometre?
- Nigeria ranks 71st out of 121 countries with data for 2023.
- Is multilateral debt service (tds, current us$), per square kilometre rising or falling in Nigeria?
- Over the last ten years it is up 346.6%. 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 Multilateral debt service (TDS, current US$), per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Multilateral debt service (TDS, current US$) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Multilateral debt service (TDS, current US$) ÷ Land area (sq. km)
Computed from
- Multilateral debt service International Debt Statistics, World Bank (WB)
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Multilateral debt service (TDS, current US$) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.