Other investment, Debt instruments, Deposit taking corporations in Nigeria
Nigeria: Other investment, Debt instruments, Deposit taking corporations was 13,812 US dollar per square kilometre in 2023. ▲ Rising
Other investment, Debt instruments, Deposit taking corporations in Nigeria, 2005–2023
Source: Statizoid (derived). Measured in US dollar per square kilometre.
Analysis
The most recent figure for other investment, debt instruments, deposit taking corporations in Nigeria is 13,812 US dollar per square kilometre, measured in 2023.
That represents a change of down 12.5% on the previous year and down 6.8% over ten years.
Over the whole period, other investment, debt instruments, deposit taking corporations in Nigeria peaked at 15,785 US dollar per square kilometre in 2022 and was at its lowest, 4,968 US dollar per square kilometre, in 2005.
Nigeria ranks 108th of 165 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 19 years of available data.
Other investment, Debt instruments, Deposit taking corporations in Nigeria, year by year
| Year | US dollar per square kilometre | Change |
|---|---|---|
| 2005 | 4,968 US dollar per square kilometre | — |
| 2006 | 6,616 US dollar per square kilometre | +33.2% |
| 2007 | 9,945 US dollar per square kilometre | +50.3% |
| 2008 | 14,084 US dollar per square kilometre | +41.6% |
| 2009 | 11,313 US dollar per square kilometre | -19.7% |
| 2010 | 9,447 US dollar per square kilometre | -16.5% |
| 2011 | 11,816 US dollar per square kilometre | +25.1% |
| 2012 | 14,110 US dollar per square kilometre | +19.4% |
| 2013 | 14,815 US dollar per square kilometre | +5.0% |
| 2014 | 13,785 US dollar per square kilometre | -6.9% |
| 2015 | 8,456 US dollar per square kilometre | -38.7% |
| 2016 | 6,842 US dollar per square kilometre | -19.1% |
| 2017 | 7,510 US dollar per square kilometre | +9.8% |
| 2018 | 8,164 US dollar per square kilometre | +8.7% |
| 2019 | 7,701 US dollar per square kilometre | -5.7% |
| 2020 | 10,303 US dollar per square kilometre | +33.8% |
| 2021 | 12,790 US dollar per square kilometre | +24.1% |
| 2022 | 15,785 US dollar per square kilometre | +23.4% |
| 2023 | 13,812 US dollar per square kilometre | -12.5% |
Nigeria compared with similar countries
- Nigeria's 13,812 US dollar per square kilometre is above the median for lower middle income countries, which is 7,359 US dollar per square kilometre, 1.9× the median. (41 countries reporting)
- Nigeria's 13,812 US dollar per square kilometre is above the median for Sub-Saharan Africa, which is 2,922 US dollar per square kilometre, 4.7× the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 9,385 US dollar per square kilometre | 4,968 US dollar per square kilometre | 14,084 US dollar per square kilometre | 5 |
| 2010s | 10,265 US dollar per square kilometre | 6,842 US dollar per square kilometre | 14,815 US dollar per square kilometre | 10 |
| 2020s | 13,172 US dollar per square kilometre | 10,303 US dollar per square kilometre | 15,785 US dollar per square kilometre | 4 |
Countries ranked near Nigeria
- 105 Eswatini 14,595 US dollar per square kilometre compare
- 106 Mexico 14,468 US dollar per square kilometre compare
- 107 Togo 14,438 US dollar per square kilometre compare
- 109 Morocco 13,784 US dollar per square kilometre compare
- 110 Lesotho 12,787 US dollar per square kilometre compare
- 111 Egypt 11,958 US dollar 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 other investment, debt instruments, deposit taking corporations in Nigeria?
- Other investment, debt instruments, deposit taking corporations in Nigeria was 13,812 US dollar per square kilometre in 2023, according to Statizoid (derived).
- What is the highest other investment, debt instruments, deposit taking corporations recorded in Nigeria?
- The highest recorded value was 15,785 US dollar per square kilometre in 2022.
- What is the lowest other investment, debt instruments, deposit taking corporations recorded in Nigeria?
- The lowest recorded value was 4,968 US dollar per square kilometre in 2005.
- How does Nigeria rank for other investment, debt instruments, deposit taking corporations?
- Nigeria ranks 108th out of 165 countries with data for 2023.
- Is other investment, debt instruments, deposit taking corporations rising or falling in Nigeria?
- Over the last ten years it is down 6.8%. The long-run trend across the full record is rising.
- Where does this Nigeria data come from?
- The figures come from Statizoid (derived), published as part of Other investment, Debt instruments, Deposit taking corporations, except the Central Bank (Assets, Positions, US dollar), per square kilometre. Statizoid updates them automatically from the source API.
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How this figure is calculated
Other investment, Debt instruments, Deposit taking corporations, except the Central Bank (Assets, Positions, US dollar) 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.
Other investment, Debt instruments, Deposit taking corporations, except the Central Bank (Assets, Positions, US dollar) ÷ Land area (sq. km)
Computed from
- Other investment, Debt instruments, Deposit taking corporations International Monetary Fund
- 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
Other investment, Debt instruments, Deposit taking corporations, except the Central Bank (Assets, Positions, US dollar) 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.