PPG, IBRD in Nigeria
Nigeria: PPG, IBRD was 1.24 billion DOD, current US$ in 2024. ◆ Volatile
Latest (2024)
1.24 billion DOD, current US$
Change on year
up 156.4%
World rank
29th
of 95 countries
All-time high
3.30 billion DOD, current US$
in 1991
All-time low
0 DOD, current US$
in 2012
Years of data
53
1970–2024
PPG, IBRD in Nigeria, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in DOD, current US$.
Analysis
The most recent figure for ppg, ibrd in Nigeria is 1.24 billion DOD, current US$, measured in 2024.
Compared with earlier readings it is up 156.4% on the previous year and up 34,738.2% over ten years.
Over the whole period, ppg, ibrd in Nigeria peaked at 3.30 billion DOD, current US$ in 1991 and was at its lowest, 0 DOD, current US$, in 2012.
Nigeria ranks 29th of 95 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
PPG, IBRD in Nigeria, year by year
| Year | DOD, current US$ | Change |
|---|---|---|
| 1970 | 165.24 million DOD, current US$ | — |
| 1971 | 197.24 million DOD, current US$ | +19.4% |
| 1972 | 257.41 million DOD, current US$ | +30.5% |
| 1973 | 268.49 million DOD, current US$ | +4.3% |
| 1974 | 296.80 million DOD, current US$ | +10.5% |
| 1975 | 325.12 million DOD, current US$ | +9.5% |
| 1976 | 365.34 million DOD, current US$ | +12.4% |
| 1977 | 409.47 million DOD, current US$ | +12.1% |
| 1978 | 447.14 million DOD, current US$ | +9.2% |
| 1979 | 478.19 million DOD, current US$ | +6.9% |
| 1980 | 516.60 million DOD, current US$ | +8.0% |
| 1981 | 562.24 million DOD, current US$ | +8.8% |
| 1982 | 674.04 million DOD, current US$ | +19.9% |
| 1983 | 824.13 million DOD, current US$ | +22.3% |
| 1984 | 899.88 million DOD, current US$ | +9.2% |
| 1985 | 1.36 billion DOD, current US$ | +50.7% |
| 1986 | 2.14 billion DOD, current US$ | +57.5% |
| 1987 | 2.94 billion DOD, current US$ | +37.5% |
| 1988 | 2.73 billion DOD, current US$ | -7.2% |
| 1989 | 2.91 billion DOD, current US$ | +6.5% |
| 1990 | 3.28 billion DOD, current US$ | +13.0% |
| 1991 | 3.30 billion DOD, current US$ | +0.4% |
| 1992 | 3.17 billion DOD, current US$ | -3.7% |
| 1993 | 3.19 billion DOD, current US$ | +0.5% |
| 1994 | 3.29 billion DOD, current US$ | +3.1% |
| 1995 | 3.22 billion DOD, current US$ | -2.0% |
| 1996 | 2.76 billion DOD, current US$ | -14.2% |
| 1997 | 2.37 billion DOD, current US$ | -14.1% |
| 1998 | 2.28 billion DOD, current US$ | -4.0% |
| 1999 | 1.99 billion DOD, current US$ | -12.7% |
| 2000 | 1.62 billion DOD, current US$ | -18.3% |
| 2001 | 1.34 billion DOD, current US$ | -17.7% |
| 2002 | 1.28 billion DOD, current US$ | -4.6% |
| 2003 | 1.20 billion DOD, current US$ | -5.8% |
| 2004 | 1.03 billion DOD, current US$ | -14.5% |
| 2005 | 722.28 million DOD, current US$ | -29.7% |
| 2006 | 533.67 million DOD, current US$ | -26.1% |
| 2007 | 380.84 million DOD, current US$ | -28.6% |
| 2008 | 211.47 million DOD, current US$ | -44.5% |
| 2009 | 112.81 million DOD, current US$ | -46.7% |
| 2010 | 42.82 million DOD, current US$ | -62.0% |
| 2011 | 6.95 million DOD, current US$ | -83.8% |
| 2012 | 0 DOD, current US$ | -100.0% |
| 2015 | 3.57 million DOD, current US$ | — |
| 2016 | 3.88 million DOD, current US$ | +8.8% |
| 2017 | 124.18 million DOD, current US$ | +3098.0% |
| 2018 | 124.18 million DOD, current US$ | +0.0% |
| 2019 | 409.51 million DOD, current US$ | +229.8% |
| 2020 | 410.02 million DOD, current US$ | +0.1% |
| 2021 | 446.10 million DOD, current US$ | +8.8% |
| 2022 | 487.67 million DOD, current US$ | +9.3% |
| 2023 | 484.81 million DOD, current US$ | -0.6% |
| 2024 | 1.24 billion DOD, current US$ | +156.4% |
Nigeria compared with similar countries
- Nigeria's 1.24 billion DOD, current US$ is above the median for lower middle income countries, which is 191.54 million DOD, current US$, 6.5× the median. (30 countries reporting)
Biggest year-on-year movements
Years where PPG, IBRD in Nigeria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2017 | +3098.0% | 3.88 million DOD, current US$ | 124.18 million DOD, current US$ |
| 2019 | +229.8% | 124.18 million DOD, current US$ | 409.51 million DOD, current US$ |
| 2024 | +156.4% | 484.81 million DOD, current US$ | 1.24 billion DOD, current US$ |
| 2012 | -100.0% | 6.95 million DOD, current US$ | 0 DOD, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 321.04 million DOD, current US$ | 165.24 million DOD, current US$ | 478.19 million DOD, current US$ | 10 |
| 1980s | 1.55 billion DOD, current US$ | 516.60 million DOD, current US$ | 2.94 billion DOD, current US$ | 10 |
| 1990s | 2.89 billion DOD, current US$ | 1.99 billion DOD, current US$ | 3.30 billion DOD, current US$ | 10 |
| 2000s | 842.62 million DOD, current US$ | 112.81 million DOD, current US$ | 1.62 billion DOD, current US$ | 10 |
| 2010s | 89.39 million DOD, current US$ | 0 DOD, current US$ | 409.51 million DOD, current US$ | 8 |
| 2020s | 614.32 million DOD, current US$ | 410.02 million DOD, current US$ | 1.24 billion DOD, current US$ | 5 |
Countries ranked near Nigeria
- 26 Dominican Republic 1.93 billion DOD, current US$ compare
- 27 Guatemala 1.92 billion DOD, current US$ compare
- 28 Georgia 1.64 billion DOD, current US$ compare
- 30 Paraguay 1.13 billion DOD, current US$ compare
- 31 Lebanon 1.12 billion DOD, current US$ compare
- 32 Armenia 1.07 billion DOD, current US$ 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 ppg, ibrd in Nigeria?
- Ppg, ibrd in Nigeria was 1.24 billion DOD, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest ppg, ibrd recorded in Nigeria?
- The highest recorded value was 3.30 billion DOD, current US$ in 1991.
- What is the lowest ppg, ibrd recorded in Nigeria?
- The lowest recorded value was 0 DOD, current US$ in 2012.
- How does Nigeria rank for ppg, ibrd?
- Nigeria ranks 29th out of 95 countries with data for 2024.
- Is ppg, ibrd rising or falling in Nigeria?
- Over the last ten years it is up 34,738.2%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of PPG, IBRD (DOD, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Public and publicly guaranteed debt outstanding from the International Bank for Reconstruction and Development (IBRD) is nonconcessional. Nonconcessional debt excludes loans with an original grant element of 35 percent or more. Data are in current U.S. dollars.