Net lending (+) / net borrowing (-), General … Percent GDP in Nigeria
Nigeria: Net lending (+) / net borrowing (-), General … Percent GDP was -3.25 in 2030. ◆ Volatile
Net lending (+) / net borrowing (-), General government, Percent of in Nigeria, 1991–2030
Source: International Monetary Fund.
Analysis
The most recent figure for net lending (+) / net borrowing (-), general government, percent of in Nigeria is -3.25, measured in 2030.
Compared with earlier readings it is up 0.8% on the previous year and up 19.4% over ten years.
Over the whole period, net lending (+) / net borrowing (-), general government, percent of in Nigeria peaked at 6.22 in 2006 and was at its lowest, -6.07, in 1993.
That places Nigeria 139th out of 195 countries with data for 2030, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net lending (+) / net borrowing (-), General … Percent GDP in Nigeria, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | -1.18 | — |
| 1992 | 0.942 | -179.8% |
| 1993 | -6.07 | -744.9% |
| 1994 | -2.96 | -51.3% |
| 1995 | 2.52 | -185.2% |
| 1996 | 3.37 | +33.7% |
| 1997 | 1.14 | -66.3% |
| 1998 | -3.47 | -405.9% |
| 1999 | -1.39 | -60.0% |
| 2000 | 2.89 | -307.6% |
| 2001 | -2.29 | -179.3% |
| 2002 | 0.9533 | -141.7% |
| 2003 | -1.56 | -263.5% |
| 2004 | 3.9 | -350.0% |
| 2005 | 3.49 | -10.6% |
| 2006 | 6.22 | +78.5% |
| 2007 | -0.7928 | -112.7% |
| 2008 | 4.05 | -610.3% |
| 2009 | -3.78 | -193.5% |
| 2010 | -2.96 | -21.7% |
| 2011 | 0.3067 | -110.4% |
| 2012 | -0.0913 | -129.8% |
| 2013 | -1.89 | +1969.7% |
| 2014 | -1.72 | -8.8% |
| 2015 | -2.7 | +56.4% |
| 2016 | -3.3 | +22.3% |
| 2017 | -3.85 | +16.6% |
| 2018 | -3.06 | -20.3% |
| 2019 | -3.31 | +7.9% |
| 2020 | -4.03 | +21.7% |
| 2021 | -3.97 | -1.5% |
| 2022 | -4 | +0.9% |
| 2023 | -3.12 | -21.9% |
| 2024 | -1.57 | -49.9% |
| 2025 | -2.93 | +87.1% |
| 2026 | -3.73 | +27.4% |
| 2027 | -2.85 | -23.7% |
| 2028 | -2.97 | +4.4% |
| 2029 | -3.27 | +10.1% |
| 2030 | -3.25 | -0.8% |
Nigeria compared with similar countries
- Nigeria's -3.25 is below the median for lower middle income countries, which is -2.81, 1.2× the median. (46 countries reporting)
- Nigeria's -3.25 is below the median for Sub-Saharan Africa, which is -2.22, 1.5× the median. (48 countries reporting)
Biggest year-on-year movements
Years where Net lending (+) / net borrowing (-), General … Percent 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 |
|---|---|---|---|
| 2013 | -1969.7% | -0.0913 | -1.89 |
| 1993 | -744.9% | 0.942 | -6.07 |
| 2008 | +610.3% | -0.7928 | 4.05 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -0.7898 | -6.07 | 3.37 | 9 |
| 2000s | 1.31 | -3.78 | 6.22 | 10 |
| 2010s | -2.26 | -3.85 | 0.3067 | 10 |
| 2020s | -3.24 | -4.03 | -1.57 | 10 |
| 2030s | -3.25 | -3.25 | -3.25 | 1 |
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, percent of in Nigeria?
- Net lending (+) / net borrowing (-), general government, percent of in Nigeria was -3.25 in 2030, according to International Monetary Fund.
- What is the highest net lending (+) / net borrowing (-), general government, percent of recorded in Nigeria?
- The highest recorded value was 6.22 in 2006.
- What is the lowest net lending (+) / net borrowing (-), general government, percent of recorded in Nigeria?
- The lowest recorded value was -6.07 in 1993.
- How does Nigeria rank for net lending (+) / net borrowing (-), general government, percent of?
- Nigeria ranks 139th out of 195 countries with data for 2030.
- Is net lending (+) / net borrowing (-), general government, percent of rising or falling in Nigeria?
- Over the last ten years it is up 19.4%. 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, Percent of GDP. Statizoid updates them automatically from the source API.
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About this data
Fiscal Monitor (FM) 2025 October