PPG, IDA (DOD, current US$) in Nigeria
Nigeria: PPG, IDA (DOD, current US$) was 18.53 billion DOD, current US$ in 2025. ◆ Volatile
PPG, IDA in Nigeria, 1970–2025
Source: International Debt Statistics, World Bank (WB). Measured in DOD, current US$.
Analysis
The most recent figure for ppg, ida in Nigeria is 18.53 billion DOD, current US$, measured in 2025. That is the highest value across all 56 years on record.
That represents a change of up 11.6% on the previous year and up 197.8% over ten years.
Over the whole period, ppg, ida in Nigeria peaked at 18.53 billion DOD, current US$ in 2025 and was at its lowest, 17.18 million DOD, current US$, in 1970.
Nigeria ranks 3rd of 106 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
PPG, IDA (DOD, current US$) in Nigeria, year by year
| Year | DOD, current US$ | Change |
|---|---|---|
| 1970 | 17.18 million DOD, current US$ | — |
| 1971 | 18.50 million DOD, current US$ | +7.7% |
| 1972 | 24.40 million DOD, current US$ | +31.9% |
| 1973 | 31.83 million DOD, current US$ | +30.4% |
| 1974 | 35.65 million DOD, current US$ | +12.0% |
| 1975 | 36.44 million DOD, current US$ | +2.2% |
| 1976 | 36.50 million DOD, current US$ | +0.2% |
| 1977 | 38.46 million DOD, current US$ | +5.4% |
| 1978 | 38.26 million DOD, current US$ | -0.5% |
| 1979 | 37.86 million DOD, current US$ | -1.0% |
| 1980 | 37.46 million DOD, current US$ | -1.1% |
| 1981 | 37.06 million DOD, current US$ | -1.1% |
| 1982 | 36.66 million DOD, current US$ | -1.1% |
| 1983 | 36.26 million DOD, current US$ | -1.1% |
| 1984 | 35.87 million DOD, current US$ | -1.1% |
| 1985 | 34.67 million DOD, current US$ | -3.3% |
| 1986 | 33.48 million DOD, current US$ | -3.4% |
| 1987 | 32.28 million DOD, current US$ | -3.6% |
| 1988 | 31.08 million DOD, current US$ | -3.7% |
| 1989 | 29.89 million DOD, current US$ | -3.8% |
| 1990 | 36.28 million DOD, current US$ | +21.4% |
| 1991 | 58.95 million DOD, current US$ | +62.5% |
| 1992 | 80.12 million DOD, current US$ | +35.9% |
| 1993 | 116.44 million DOD, current US$ | +45.3% |
| 1994 | 180.75 million DOD, current US$ | +55.2% |
| 1995 | 268.00 million DOD, current US$ | +48.3% |
| 1996 | 347.76 million DOD, current US$ | +29.8% |
| 1997 | 409.86 million DOD, current US$ | +17.9% |
| 1998 | 563.55 million DOD, current US$ | +37.5% |
| 1999 | 624.02 million DOD, current US$ | +10.7% |
| 2000 | 643.87 million DOD, current US$ | +3.2% |
| 2001 | 621.01 million DOD, current US$ | -3.5% |
| 2002 | 675.75 million DOD, current US$ | +8.8% |
| 2003 | 786.97 million DOD, current US$ | +16.5% |
| 2004 | 966.84 million DOD, current US$ | +22.9% |
| 2005 | 1.14 billion DOD, current US$ | +17.5% |
| 2006 | 1.54 billion DOD, current US$ | +35.6% |
| 2007 | 1.93 billion DOD, current US$ | +25.2% |
| 2008 | 2.24 billion DOD, current US$ | +16.3% |
| 2009 | 2.74 billion DOD, current US$ | +22.1% |
| 2010 | 3.66 billion DOD, current US$ | +33.7% |
| 2011 | 4.20 billion DOD, current US$ | +14.7% |
| 2012 | 4.69 billion DOD, current US$ | +11.6% |
| 2013 | 5.28 billion DOD, current US$ | +12.6% |
| 2014 | 5.78 billion DOD, current US$ | +9.5% |
| 2015 | 6.22 billion DOD, current US$ | +7.7% |
| 2016 | 6.64 billion DOD, current US$ | +6.7% |
| 2017 | 7.79 billion DOD, current US$ | +17.4% |
| 2018 | 8.43 billion DOD, current US$ | +8.3% |
| 2019 | 9.55 billion DOD, current US$ | +13.2% |
| 2020 | 11.01 billion DOD, current US$ | +15.2% |
| 2021 | 11.86 billion DOD, current US$ | +7.8% |
| 2022 | 13.51 billion DOD, current US$ | +13.9% |
| 2023 | 15.13 billion DOD, current US$ | +12.0% |
| 2024 | 16.60 billion DOD, current US$ | +9.7% |
| 2025 | 18.53 billion DOD, current US$ | +11.6% |
Nigeria compared with similar countries
- Nigeria's 18.53 billion DOD, current US$ is above the median for lower middle income countries, which is 700.20 million DOD, current US$, 26.5× the median. (43 countries reporting)
- Nigeria's 18.53 billion DOD, current US$ is above the median for Sub-Saharan Africa, which is 748.14 million DOD, current US$, 24.8× the median. (42 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 31.51 million DOD, current US$ | 17.18 million DOD, current US$ | 38.46 million DOD, current US$ | 10 |
| 1980s | 34.47 million DOD, current US$ | 29.89 million DOD, current US$ | 37.46 million DOD, current US$ | 10 |
| 1990s | 268.57 million DOD, current US$ | 36.28 million DOD, current US$ | 624.02 million DOD, current US$ | 10 |
| 2000s | 1.33 billion DOD, current US$ | 621.01 million DOD, current US$ | 2.74 billion DOD, current US$ | 10 |
| 2010s | 6.22 billion DOD, current US$ | 3.66 billion DOD, current US$ | 9.55 billion DOD, current US$ | 10 |
| 2020s | 14.44 billion DOD, current US$ | 11.01 billion DOD, current US$ | 18.53 billion DOD, current US$ | 6 |
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 ppg, ida in Nigeria?
- Ppg, ida in Nigeria was 18.53 billion DOD, current US$ in 2025, according to International Debt Statistics, World Bank (WB).
- What is the highest ppg, ida recorded in Nigeria?
- The highest recorded value was 18.53 billion DOD, current US$ in 2025.
- What is the lowest ppg, ida recorded in Nigeria?
- The lowest recorded value was 17.18 million DOD, current US$ in 1970.
- How does Nigeria rank for ppg, ida?
- Nigeria ranks 3rd out of 106 countries with data for 2025.
- Is ppg, ida rising or falling in Nigeria?
- Over the last ten years it is up 197.8%. 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, IDA (DOD, current US$). Statizoid updates them automatically from the source API.
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About this data
Public and publicly guaranteed debt outstanding from the International Development Association (IDA) is concessional. Concessional debt is defined as loans with an original grant element of 35 percent or more. The grant element of a loan is the grant equivalent expressed as a percentage of the amount committed. It is used as a measure of the overall cost of borrowing. The grant equivalent of a loan is its commitment (present) value, less the discounted present value of its contractual debt service; conventionally, future service payments are discounted at 5 percent. Data are in current U.S. dollars.