Multilateral debt service (TDS, current US$), per unit of GDP in Nigeria
Nigeria: Multilateral debt service (TDS, current US$), per unit of GDP was 0.005 TDS, current US$ per US$ of GDP in 2024. ◆ Volatile
Multilateral debt service (TDS, current US$), per unit of GDP in Nigeria, 1970–2024
Source: Statizoid (derived). Measured in TDS, current US$ per US$ of GDP.
Analysis
The most recent figure for multilateral debt service (tds, current us$), per unit of gdp in Nigeria is 0.005 TDS, current US$ per US$ of GDP, measured in 2024.
Compared with earlier readings it is up 183.4% on the previous year and up 1,832.1% over ten years.
Over the whole period, multilateral debt service (tds, current us$), per unit of gdp in Nigeria peaked at 0.0123 TDS, current US$ per US$ of GDP in 1992 and was at its lowest, 0.0003 TDS, current US$ per US$ of GDP, in 2014.
Nigeria ranks 84th of 122 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$), per unit of GDP in Nigeria, year by year
| Year | TDS, current US$ per US$ of GDP | Change |
|---|---|---|
| 1970 | 0.0011 TDS, current US$ per US$ of GDP | — |
| 1971 | 0.0017 TDS, current US$ per US$ of GDP | +57.4% |
| 1972 | 0.0017 TDS, current US$ per US$ of GDP | -1.6% |
| 1973 | 0.0017 TDS, current US$ per US$ of GDP | +3.2% |
| 1974 | 0.0013 TDS, current US$ per US$ of GDP | -26.3% |
| 1975 | 0.0013 TDS, current US$ per US$ of GDP | +4.2% |
| 1976 | 0.0011 TDS, current US$ per US$ of GDP | -15.9% |
| 1977 | 0.0014 TDS, current US$ per US$ of GDP | +23.7% |
| 1978 | 0.0015 TDS, current US$ per US$ of GDP | +5.7% |
| 1979 | 0.0014 TDS, current US$ per US$ of GDP | -3.0% |
| 1980 | 0.0011 TDS, current US$ per US$ of GDP | -22.1% |
| 1981 | 0.0004 TDS, current US$ per US$ of GDP | -59.4% |
| 1982 | 0.0006 TDS, current US$ per US$ of GDP | +37.0% |
| 1983 | 0.001 TDS, current US$ per US$ of GDP | +68.2% |
| 1984 | 0.0016 TDS, current US$ per US$ of GDP | +50.9% |
| 1985 | 0.0018 TDS, current US$ per US$ of GDP | +12.9% |
| 1986 | 0.0042 TDS, current US$ per US$ of GDP | +139.2% |
| 1987 | 0.0066 TDS, current US$ per US$ of GDP | +56.4% |
| 1988 | 0.009 TDS, current US$ per US$ of GDP | +36.5% |
| 1989 | 0.0098 TDS, current US$ per US$ of GDP | +8.9% |
| 1990 | 0.0094 TDS, current US$ per US$ of GDP | -4.1% |
| 1991 | 0.0108 TDS, current US$ per US$ of GDP | +15.1% |
| 1992 | 0.0123 TDS, current US$ per US$ of GDP | +13.1% |
| 1993 | 0.0114 TDS, current US$ per US$ of GDP | -7.5% |
| 1994 | 0.0095 TDS, current US$ per US$ of GDP | -15.9% |
| 1995 | 0.0056 TDS, current US$ per US$ of GDP | -41.0% |
| 1996 | 0.0041 TDS, current US$ per US$ of GDP | -26.4% |
| 1997 | 0.0037 TDS, current US$ per US$ of GDP | -10.2% |
| 1998 | 0.003 TDS, current US$ per US$ of GDP | -18.6% |
| 1999 | 0.0117 TDS, current US$ per US$ of GDP | +286.9% |
| 2000 | 0.0086 TDS, current US$ per US$ of GDP | -26.6% |
| 2001 | 0.0063 TDS, current US$ per US$ of GDP | -26.7% |
| 2002 | 0.0047 TDS, current US$ per US$ of GDP | -25.2% |
| 2003 | 0.0047 TDS, current US$ per US$ of GDP | -1.3% |
| 2004 | 0.0035 TDS, current US$ per US$ of GDP | -24.2% |
| 2005 | 0.0026 TDS, current US$ per US$ of GDP | -25.0% |
| 2006 | 0.0018 TDS, current US$ per US$ of GDP | -32.5% |
| 2007 | 0.0014 TDS, current US$ per US$ of GDP | -23.3% |
| 2008 | 0.0011 TDS, current US$ per US$ of GDP | -23.2% |
| 2009 | 0.0009 TDS, current US$ per US$ of GDP | -15.9% |
| 2010 | 0.0006 TDS, current US$ per US$ of GDP | -36.3% |
| 2011 | 0.0005 TDS, current US$ per US$ of GDP | -8.3% |
| 2012 | 0.0003 TDS, current US$ per US$ of GDP | -46.8% |
| 2013 | 0.0004 TDS, current US$ per US$ of GDP | +34.2% |
| 2014 | 0.0003 TDS, current US$ per US$ of GDP | -30.1% |
| 2015 | 0.0003 TDS, current US$ per US$ of GDP | +20.6% |
| 2016 | 0.0006 TDS, current US$ per US$ of GDP | +81.7% |
| 2017 | 0.0006 TDS, current US$ per US$ of GDP | -1.6% |
| 2018 | 0.0007 TDS, current US$ per US$ of GDP | +17.0% |
| 2019 | 0.0005 TDS, current US$ per US$ of GDP | -18.4% |
| 2020 | 0.0008 TDS, current US$ per US$ of GDP | +43.9% |
| 2021 | 0.0008 TDS, current US$ per US$ of GDP | +10.1% |
| 2022 | 0.001 TDS, current US$ per US$ of GDP | +17.2% |
| 2023 | 0.0018 TDS, current US$ per US$ of GDP | +78.2% |
| 2024 | 0.005 TDS, current US$ per US$ of GDP | +183.4% |
Nigeria compared with similar countries
- Nigeria's 0.005 TDS, current US$ per US$ of GDP is below the median for lower middle income countries, which is 0.0073 TDS, current US$ per US$ of GDP, 68% of the median. (43 countries reporting)
- Nigeria's 0.005 TDS, current US$ per US$ of GDP is below the median for Sub-Saharan Africa, which is 0.007 TDS, current US$ per US$ of GDP, 71% of the median. (44 countries reporting)
Biggest year-on-year movements
Years where Multilateral debt service (TDS, current US$), per unit of GDP in Nigeria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1999 | +286.9% | 0.003 TDS, current US$ per US$ of GDP | 0.0117 TDS, current US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0014 TDS, current US$ per US$ of GDP | 0.0011 TDS, current US$ per US$ of GDP | 0.0017 TDS, current US$ per US$ of GDP | 10 |
| 1980s | 0.0036 TDS, current US$ per US$ of GDP | 0.0004 TDS, current US$ per US$ of GDP | 0.0098 TDS, current US$ per US$ of GDP | 10 |
| 1990s | 0.0082 TDS, current US$ per US$ of GDP | 0.003 TDS, current US$ per US$ of GDP | 0.0123 TDS, current US$ per US$ of GDP | 10 |
| 2000s | 0.0036 TDS, current US$ per US$ of GDP | 0.0009 TDS, current US$ per US$ of GDP | 0.0086 TDS, current US$ per US$ of GDP | 10 |
| 2010s | 0.0005 TDS, current US$ per US$ of GDP | 0.0003 TDS, current US$ per US$ of GDP | 0.0007 TDS, current US$ per US$ of GDP | 10 |
| 2020s | 0.0019 TDS, current US$ per US$ of GDP | 0.0008 TDS, current US$ per US$ of GDP | 0.005 TDS, current US$ per US$ of GDP | 5 |
Countries ranked near Nigeria
- 81 Guatemala 0.0058 TDS, current US$ per US$ of GDP compare
- 82 Colombia 0.0056 TDS, current US$ per US$ of GDP compare
- 83 Peru 0.0051 TDS, current US$ per US$ of GDP compare
- 85 Vietnam 0.0048 TDS, current US$ per US$ of GDP compare
- 86 Burundi 0.0048 TDS, current US$ per US$ of GDP compare
- 87 Angola 0.0048 TDS, current US$ per US$ of GDP 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$), per unit of gdp in Nigeria?
- Multilateral debt service (tds, current us$), per unit of gdp in Nigeria was 0.005 TDS, current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest multilateral debt service (tds, current us$), per unit of gdp recorded in Nigeria?
- The highest recorded value was 0.0123 TDS, current US$ per US$ of GDP in 1992.
- What is the lowest multilateral debt service (tds, current us$), per unit of gdp recorded in Nigeria?
- The lowest recorded value was 0.0003 TDS, current US$ per US$ of GDP in 2014.
- How does Nigeria rank for multilateral debt service (tds, current us$), per unit of gdp?
- Nigeria ranks 84th out of 122 countries with data for 2024.
- Is multilateral debt service (tds, current us$), per unit of gdp rising or falling in Nigeria?
- Over the last ten years it is up 1,832.1%. 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$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Multilateral debt service (TDS, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Multilateral debt service (TDS, current US$) ÷ GDP (current US$)
Computed from
- Multilateral debt service International Debt Statistics, World Bank (WB)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Multilateral debt service (TDS, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.