Other investment, Net incurrence of liabilities, Liabilities in Nigeria
Nigeria: Other investment, Net incurrence of liabilities, Liabilities was -15.85 billion in 2024. ◆ Volatile
Other investment, Net incurrence of liabilities, Liabilities in Nigeria, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, other investment, net incurrence of liabilities, liabilities in Nigeria stood at -15.85 billion.
Compared with earlier readings it is down 369.1% on the previous year and down 289.9% over ten years.
Over the whole period, other investment, net incurrence of liabilities, liabilities in Nigeria peaked at 9.73 billion in 2021 and was at its lowest, -18.18 billion, in 2005.
Nigeria ranks 193rd of 197 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Other investment, Net incurrence of liabilities, Liabilities in Nigeria, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -18.18 billion | — |
| 2006 | -15.65 billion | -13.9% |
| 2007 | 2.98 billion | -119.0% |
| 2008 | 306.42 million | -89.7% |
| 2009 | 1.80 billion | +487.1% |
| 2010 | -2.14 billion | -219.1% |
| 2011 | 730.15 million | -134.1% |
| 2012 | 808.29 million | +10.7% |
| 2013 | 2.32 billion | +187.5% |
| 2014 | 8.35 billion | +259.2% |
| 2015 | -250.28 million | -103.0% |
| 2016 | 1.61 billion | -743.1% |
| 2017 | 9.65 billion | +499.4% |
| 2018 | 7.12 billion | -26.2% |
| 2019 | 4.44 billion | -37.6% |
| 2020 | 3.01 billion | -32.3% |
| 2021 | 9.73 billion | +223.7% |
| 2022 | 7.62 billion | -21.6% |
| 2023 | 5.89 billion | -22.7% |
| 2024 | -15.85 billion | -369.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -5.75 billion | -18.18 billion | 2.98 billion | 5 |
| 2010s | 3.26 billion | -2.14 billion | 9.65 billion | 10 |
| 2020s | 2.08 billion | -15.85 billion | 9.73 billion | 5 |
Countries ranked near Nigeria
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, net incurrence of liabilities, liabilities in Nigeria?
- Other investment, net incurrence of liabilities, liabilities in Nigeria was -15.85 billion in 2024, according to International Monetary Fund.
- What is the highest other investment, net incurrence of liabilities, liabilities recorded in Nigeria?
- The highest recorded value was 9.73 billion in 2021.
- What is the lowest other investment, net incurrence of liabilities, liabilities recorded in Nigeria?
- The lowest recorded value was -18.18 billion in 2005.
- How does Nigeria rank for other investment, net incurrence of liabilities, liabilities?
- Nigeria ranks 193rd out of 197 countries with data for 2024.
- Is other investment, net incurrence of liabilities, liabilities rising or falling in Nigeria?
- Over the last ten years it is down 289.9%. 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 Other investment, Net incurrence of liabilities, Liabilities, Adjusted using IMF accounting records (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.