PPG, official creditors (NFL, US$), per capita in Nigeria
Nigeria: PPG, official creditors (NFL, US$), per capita was 14.2 NFL, US$ per person in 2024. ◆ Volatile
PPG, official creditors (NFL, US$), per capita in Nigeria, 1970–2024
Source: Statizoid (derived). Measured in NFL, US$ per person.
Analysis
In 2024, ppg, official creditors (nfl, us$), per capita in Nigeria stood at 14.2 NFL, US$ per person.
That represents a change of down 32.9% on the previous year and up 107.5% over ten years.
Over the whole period, ppg, official creditors (nfl, us$), per capita in Nigeria peaked at 21.16 NFL, US$ per person in 2023 and was at its lowest, -27.67 NFL, US$ per person, in 2006.
Nigeria ranks 63rd of 122 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, official creditors (NFL, US$), per capita in Nigeria, year by year
| Year | NFL, US$ per person | Change |
|---|---|---|
| 1970 | 0.5265 NFL, US$ per person | — |
| 1971 | 1.34 NFL, US$ per person | +154.5% |
| 1972 | 1.7 NFL, US$ per person | +26.8% |
| 1973 | 0.641 NFL, US$ per person | -62.3% |
| 1974 | 1.01 NFL, US$ per person | +57.8% |
| 1975 | 0.9953 NFL, US$ per person | -1.6% |
| 1976 | 0.7451 NFL, US$ per person | -25.1% |
| 1977 | 0.5567 NFL, US$ per person | -25.3% |
| 1978 | 0.4916 NFL, US$ per person | -11.7% |
| 1979 | 0.8307 NFL, US$ per person | +69.0% |
| 1980 | 1.04 NFL, US$ per person | +25.2% |
| 1981 | 1.15 NFL, US$ per person | +10.2% |
| 1982 | 2.16 NFL, US$ per person | +87.9% |
| 1983 | 8.57 NFL, US$ per person | +297.8% |
| 1984 | 3.7 NFL, US$ per person | -56.9% |
| 1985 | -1.29 NFL, US$ per person | -135.0% |
| 1986 | 7.07 NFL, US$ per person | -646.3% |
| 1987 | 4.22 NFL, US$ per person | -40.4% |
| 1988 | 0.7819 NFL, US$ per person | -81.5% |
| 1989 | 4.87 NFL, US$ per person | +522.8% |
| 1990 | -1.36 NFL, US$ per person | -128.0% |
| 1991 | 0.4405 NFL, US$ per person | -132.3% |
| 1992 | 1.94 NFL, US$ per person | +339.3% |
| 1993 | 0.5118 NFL, US$ per person | -73.6% |
| 1994 | 1.56 NFL, US$ per person | +203.9% |
| 1995 | -0.3178 NFL, US$ per person | -120.4% |
| 1996 | -1.17 NFL, US$ per person | +267.5% |
| 1997 | -2.24 NFL, US$ per person | +91.9% |
| 1998 | -3.9 NFL, US$ per person | +73.8% |
| 1999 | -2.24 NFL, US$ per person | -42.6% |
| 2000 | -6.03 NFL, US$ per person | +169.4% |
| 2001 | -11.28 NFL, US$ per person | +87.2% |
| 2002 | -3.2 NFL, US$ per person | -71.7% |
| 2003 | -6.16 NFL, US$ per person | +92.7% |
| 2004 | -5.61 NFL, US$ per person | -9.0% |
| 2005 | -23.03 NFL, US$ per person | +310.8% |
| 2006 | -27.67 NFL, US$ per person | +20.1% |
| 2007 | 1.27 NFL, US$ per person | -104.6% |
| 2008 | 0.3337 NFL, US$ per person | -73.6% |
| 2009 | 1.26 NFL, US$ per person | +276.7% |
| 2010 | 4.84 NFL, US$ per person | +285.3% |
| 2011 | 4.77 NFL, US$ per person | -1.5% |
| 2012 | 3.83 NFL, US$ per person | -19.7% |
| 2013 | 6.32 NFL, US$ per person | +64.8% |
| 2014 | 6.84 NFL, US$ per person | +8.4% |
| 2015 | 6.93 NFL, US$ per person | +1.3% |
| 2016 | 4.94 NFL, US$ per person | -28.7% |
| 2017 | 11.04 NFL, US$ per person | +123.5% |
| 2018 | 8.63 NFL, US$ per person | -21.9% |
| 2019 | 11.37 NFL, US$ per person | +31.8% |
| 2020 | 7.72 NFL, US$ per person | -32.1% |
| 2021 | 7.24 NFL, US$ per person | -6.2% |
| 2022 | 13.72 NFL, US$ per person | +89.5% |
| 2023 | 21.16 NFL, US$ per person | +54.2% |
| 2024 | 14.2 NFL, US$ per person | -32.9% |
Nigeria compared with similar countries
- Nigeria's 14.2 NFL, US$ per person is below the median for lower middle income countries, which is 19.55 NFL, US$ per person, 73% of the median. (43 countries reporting)
- Nigeria's 14.2 NFL, US$ per person is above the median for Sub-Saharan Africa, which is 14.13 NFL, US$ per person, 1.0× the median. (44 countries reporting)
Biggest year-on-year movements
Years where PPG, official creditors (NFL, US$), per capita in Nigeria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1986 | +646.3% | -1.29 NFL, US$ per person | 7.07 NFL, US$ per person |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.8836 NFL, US$ per person | 0.4916 NFL, US$ per person | 1.7 NFL, US$ per person | 10 |
| 1980s | 3.23 NFL, US$ per person | -1.29 NFL, US$ per person | 8.57 NFL, US$ per person | 10 |
| 1990s | -0.6779 NFL, US$ per person | -3.9 NFL, US$ per person | 1.94 NFL, US$ per person | 10 |
| 2000s | -8.01 NFL, US$ per person | -27.67 NFL, US$ per person | 1.27 NFL, US$ per person | 10 |
| 2010s | 6.95 NFL, US$ per person | 3.83 NFL, US$ per person | 11.37 NFL, US$ per person | 10 |
| 2020s | 12.81 NFL, US$ per person | 7.24 NFL, US$ per person | 21.16 NFL, US$ per person | 5 |
Countries ranked near Nigeria
- 60 Gambia 15.97 NFL, US$ per person compare
- 61 Colombia 15.63 NFL, US$ per person compare
- 62 Guinea 14.24 NFL, US$ per person compare
- 64 Guinea-Bissau 14.07 NFL, US$ per person compare
- 65 Kyrgyzstan 13.48 NFL, US$ per person compare
- 66 Madagascar 13.24 NFL, US$ per person compare
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, official creditors (nfl, us$), per capita in Nigeria?
- Ppg, official creditors (nfl, us$), per capita in Nigeria was 14.2 NFL, US$ per person in 2024, according to Statizoid (derived).
- What is the highest ppg, official creditors (nfl, us$), per capita recorded in Nigeria?
- The highest recorded value was 21.16 NFL, US$ per person in 2023.
- What is the lowest ppg, official creditors (nfl, us$), per capita recorded in Nigeria?
- The lowest recorded value was -27.67 NFL, US$ per person in 2006.
- How does Nigeria rank for ppg, official creditors (nfl, us$), per capita?
- Nigeria ranks 63rd out of 122 countries with data for 2024.
- Is ppg, official creditors (nfl, us$), per capita rising or falling in Nigeria?
- Over the last ten years it is up 107.5%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from Statizoid (derived), published as part of PPG, official creditors (NFL, US$), per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
PPG, official creditors (NFL, US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
PPG, official creditors (NFL, US$) ÷ Population, total
Computed from
- PPG, official creditors International Debt Statistics, World Bank (WB)
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
PPG, official creditors (NFL, US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.