Net lending (+) / net borrowing (-), General government … Domestic in Nigeria
Nigeria: Net lending (+) / net borrowing (-), General government … Domestic was -19.81 trillion in 2031. ◆ Volatile
Net lending (+) / net borrowing (-), General government, Domestic in Nigeria, 1990–2031
Source: International Monetary Fund.
Analysis
In 2031, net lending (+) / net borrowing (-), general government, domestic in Nigeria stood at -19.81 trillion.
The figure is down 2.0% on the previous year and down 105.2% over ten years.
Over the whole period, net lending (+) / net borrowing (-), general government, domestic in Nigeria peaked at 2.51 trillion in 2006 and was at its lowest, -23.23 trillion, in 2026.
Nigeria ranks 22nd of 26 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net lending (+) / net borrowing (-), General government … Domestic in Nigeria, year by year
| Year | Value | Change |
|---|---|---|
| 1990 | -3.35 billion | — |
| 1991 | -9.91 billion | +195.5% |
| 1992 | 12.07 billion | -221.8% |
| 1993 | -107.71 billion | -992.5% |
| 1994 | -73.43 billion | -31.8% |
| 1995 | 102.79 billion | -240.0% |
| 1996 | 179.44 billion | +74.6% |
| 1997 | 65.75 billion | -63.4% |
| 1998 | -224.49 billion | -441.4% |
| 1999 | -103.94 billion | -53.7% |
| 2000 | 280.39 billion | -369.8% |
| 2001 | -262.08 billion | -193.5% |
| 2002 | 152.13 billion | -158.0% |
| 2003 | -291.99 billion | -291.9% |
| 2004 | 950.65 billion | -425.6% |
| 2005 | 1.09 trillion | +15.0% |
| 2006 | 2.51 trillion | +129.7% |
| 2007 | -368.36 billion | -114.7% |
| 2008 | 2.23 trillion | -705.6% |
| 2009 | -2.36 trillion | -205.7% |
| 2010 | -2.31 trillion | -1.9% |
| 2011 | 275.20 billion | -111.9% |
| 2012 | -93.38 billion | -133.9% |
| 2013 | -2.16 trillion | +2209.5% |
| 2014 | -2.19 trillion | +1.5% |
| 2015 | -3.62 trillion | +65.1% |
| 2016 | -4.76 trillion | +31.8% |
| 2017 | -6.22 trillion | +30.6% |
| 2018 | -5.57 trillion | -10.5% |
| 2019 | -6.78 trillion | +21.8% |
| 2020 | -8.60 trillion | +26.8% |
| 2021 | -9.65 trillion | +12.2% |
| 2022 | -10.97 trillion | +13.7% |
| 2023 | -9.81 trillion | -10.6% |
| 2024 | -4.74 trillion | -51.7% |
| 2025 | -7.78 trillion | +64.0% |
| 2026 | -23.23 trillion | +198.6% |
| 2027 | -17.95 trillion | -22.7% |
| 2028 | -16.66 trillion | -7.2% |
| 2029 | -17.60 trillion | +5.6% |
| 2030 | -19.42 trillion | +10.4% |
| 2031 | -19.81 trillion | +2.0% |
Nigeria compared with similar countries
- Nigeria's -19.81 trillion is below the median for lower middle income countries, which is -1.20 trillion, 16.5× the median. (5 countries reporting)
Biggest year-on-year movements
Years where Net lending (+) / net borrowing (-), General government … Domestic 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 |
|---|---|---|---|
| 2013 | -2209.5% | -93.38 billion | -2.16 trillion |
| 1993 | -992.5% | 12.07 billion | -107.71 billion |
| 2008 | +705.6% | -368.36 billion | 2.23 trillion |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -16.28 billion | -224.49 billion | 179.44 billion | 10 |
| 2000s | 393.64 billion | -2.36 trillion | 2.51 trillion | 10 |
| 2010s | -3.34 trillion | -6.78 trillion | 275.20 billion | 10 |
| 2020s | -12.70 trillion | -23.23 trillion | -4.74 trillion | 10 |
| 2030s | -19.61 trillion | -19.81 trillion | -19.42 trillion | 2 |
Countries ranked near Nigeria
More external debt data for Nigeria
- Net financial flows, IBRD 141.84 million NFL, current US$ (2025)
- 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)
- 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, IDA (NFL, current US$), per square kilometre 1,640 NFL, current US$ per square kilometre (2023)
- Use of IMF credit 5.52 billion DOD, current US$ (2025)
- External debt stocks, public and publicly guaranteed (PPG) 56.88 billion DOD, current US$ (2025)
- External debt stocks, long-term 111.36 billion DOD, current US$ (2025)
Frequently asked questions
- What is net lending (+) / net borrowing (-), general government, domestic in Nigeria?
- Net lending (+) / net borrowing (-), general government, domestic in Nigeria was -19.81 trillion in 2031, according to International Monetary Fund.
- What is the highest net lending (+) / net borrowing (-), general government, domestic recorded in Nigeria?
- The highest recorded value was 2.51 trillion in 2006.
- What is the lowest net lending (+) / net borrowing (-), general government, domestic recorded in Nigeria?
- The lowest recorded value was -23.23 trillion in 2026.
- How does Nigeria rank for net lending (+) / net borrowing (-), general government, domestic?
- Nigeria ranks 22nd out of 26 countries with data for 2031.
- Is net lending (+) / net borrowing (-), general government, domestic rising or falling in Nigeria?
- Over the last ten years it is down 105.2%. 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 Net lending (+) / net borrowing (-), General government, Domestic currency (9/26/2025). Statizoid updates them automatically from the source API.
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About this data
The World Economic Outlook (WEO) database is created during the biannual WEO exercise, which begins in January and June of each year and results in the April and September/October WEO publication. Selected series from the publication are available in a database format.