PPG, official creditors (NFL, US$), per unit of GDP in Nigeria
Nigeria: PPG, official creditors (NFL, US$), per unit of GDP was 0.0131 NFL, US$ per US$ of GDP in 2024. ◆ Volatile
PPG, official creditors (NFL, US$), per unit of GDP in Nigeria, 1970–2024
Source: Statizoid (derived). Measured in NFL, US$ per US$ of GDP.
Analysis
The most recent figure for ppg, official creditors (nfl, us$), per unit of gdp in Nigeria is 0.0131 NFL, US$ per US$ of GDP, measured in 2024. That is the highest value across all 55 years on record.
The figure is up 32.3% on the previous year and up 491.1% over ten years.
Over the whole period, ppg, official creditors (nfl, us$), per unit of gdp in Nigeria peaked at 0.0131 NFL, US$ per US$ of GDP in 2024 and was at its lowest, -0.0199 NFL, US$ per US$ of GDP, in 2001.
That places Nigeria 36th out of 122 countries with data for 2024, putting it 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$), per unit of GDP in Nigeria, year by year
| Year | NFL, US$ per US$ of GDP | Change |
|---|---|---|
| 1970 | 0.0023 NFL, US$ per US$ of GDP | — |
| 1971 | 0.0083 NFL, US$ per US$ of GDP | +255.9% |
| 1972 | 0.0081 NFL, US$ per US$ of GDP | -2.9% |
| 1973 | 0.0025 NFL, US$ per US$ of GDP | -68.7% |
| 1974 | 0.0025 NFL, US$ per US$ of GDP | -1.2% |
| 1975 | 0.0023 NFL, US$ per US$ of GDP | -9.5% |
| 1976 | 0.0013 NFL, US$ per US$ of GDP | -41.1% |
| 1977 | 0.001 NFL, US$ per US$ of GDP | -22.4% |
| 1978 | 0.0009 NFL, US$ per US$ of GDP | -10.2% |
| 1979 | 0.0013 NFL, US$ per US$ of GDP | +34.7% |
| 1980 | 0.0012 NFL, US$ per US$ of GDP | -4.9% |
| 1981 | 0.0005 NFL, US$ per US$ of GDP | -55.6% |
| 1982 | 0.0012 NFL, US$ per US$ of GDP | +123.1% |
| 1983 | 0.0071 NFL, US$ per US$ of GDP | +500.3% |
| 1984 | 0.0042 NFL, US$ per US$ of GDP | -41.5% |
| 1985 | -0.0015 NFL, US$ per US$ of GDP | -135.9% |
| 1986 | 0.0113 NFL, US$ per US$ of GDP | -855.3% |
| 1987 | 0.0072 NFL, US$ per US$ of GDP | -36.3% |
| 1988 | 0.0014 NFL, US$ per US$ of GDP | -79.8% |
| 1989 | 0.0105 NFL, US$ per US$ of GDP | +621.9% |
| 1990 | -0.0024 NFL, US$ per US$ of GDP | -123.4% |
| 1991 | 0.0007 NFL, US$ per US$ of GDP | -130.1% |
| 1992 | 0.0038 NFL, US$ per US$ of GDP | +415.7% |
| 1993 | 0.0009 NFL, US$ per US$ of GDP | -75.1% |
| 1994 | 0.0021 NFL, US$ per US$ of GDP | +120.1% |
| 1995 | -0.0002 NFL, US$ per US$ of GDP | -112.0% |
| 1996 | -0.0007 NFL, US$ per US$ of GDP | +186.2% |
| 1997 | -0.0013 NFL, US$ per US$ of GDP | +82.2% |
| 1998 | -0.0021 NFL, US$ per US$ of GDP | +64.1% |
| 1999 | -0.0047 NFL, US$ per US$ of GDP | +117.6% |
| 2000 | -0.011 NFL, US$ per US$ of GDP | +136.6% |
| 2001 | -0.0199 NFL, US$ per US$ of GDP | +80.9% |
| 2002 | -0.0045 NFL, US$ per US$ of GDP | -77.5% |
| 2003 | -0.0081 NFL, US$ per US$ of GDP | +79.8% |
| 2004 | -0.0058 NFL, US$ per US$ of GDP | -27.8% |
| 2005 | -0.019 NFL, US$ per US$ of GDP | +226.4% |
| 2006 | -0.0173 NFL, US$ per US$ of GDP | -9.0% |
| 2007 | 0.0007 NFL, US$ per US$ of GDP | -104.0% |
| 2008 | 0.0002 NFL, US$ per US$ of GDP | -77.8% |
| 2009 | 0.0007 NFL, US$ per US$ of GDP | +345.7% |
| 2010 | 0.0022 NFL, US$ per US$ of GDP | +218.5% |
| 2011 | 0.002 NFL, US$ per US$ of GDP | -10.3% |
| 2012 | 0.0015 NFL, US$ per US$ of GDP | -26.2% |
| 2013 | 0.0022 NFL, US$ per US$ of GDP | +51.0% |
| 2014 | 0.0022 NFL, US$ per US$ of GDP | +0.8% |
| 2015 | 0.0027 NFL, US$ per US$ of GDP | +21.0% |
| 2016 | 0.0024 NFL, US$ per US$ of GDP | -11.0% |
| 2017 | 0.0059 NFL, US$ per US$ of GDP | +146.6% |
| 2018 | 0.0042 NFL, US$ per US$ of GDP | -28.8% |
| 2019 | 0.0036 NFL, US$ per US$ of GDP | -14.9% |
| 2020 | 0.0028 NFL, US$ per US$ of GDP | -22.6% |
| 2021 | 0.0026 NFL, US$ per US$ of GDP | -5.9% |
| 2022 | 0.0047 NFL, US$ per US$ of GDP | +82.2% |
| 2023 | 0.0099 NFL, US$ per US$ of GDP | +109.1% |
| 2024 | 0.0131 NFL, US$ per US$ of GDP | +32.3% |
Nigeria compared with similar countries
- Nigeria's 0.0131 NFL, US$ per US$ of GDP is above the median for lower middle income countries, which is 0.0089 NFL, US$ per US$ of GDP, 1.5× the median. (43 countries reporting)
- Nigeria's 0.0131 NFL, US$ per US$ of GDP is above the median for Sub-Saharan Africa, which is 0.0104 NFL, US$ per US$ of GDP, 1.3× the median. (44 countries reporting)
Biggest year-on-year movements
Years where PPG, official creditors (NFL, US$), per unit of GDP in Nigeria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1986 | +855.3% | -0.0015 NFL, US$ per US$ of GDP | 0.0113 NFL, US$ per US$ of GDP |
| 1989 | +621.9% | 0.0014 NFL, US$ per US$ of GDP | 0.0105 NFL, US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0031 NFL, US$ per US$ of GDP | 0.0009 NFL, US$ per US$ of GDP | 0.0083 NFL, US$ per US$ of GDP | 10 |
| 1980s | 0.0043 NFL, US$ per US$ of GDP | -0.0015 NFL, US$ per US$ of GDP | 0.0113 NFL, US$ per US$ of GDP | 10 |
| 1990s | -0.0004 NFL, US$ per US$ of GDP | -0.0047 NFL, US$ per US$ of GDP | 0.0038 NFL, US$ per US$ of GDP | 10 |
| 2000s | -0.0084 NFL, US$ per US$ of GDP | -0.0199 NFL, US$ per US$ of GDP | 0.0007 NFL, US$ per US$ of GDP | 10 |
| 2010s | 0.0029 NFL, US$ per US$ of GDP | 0.0015 NFL, US$ per US$ of GDP | 0.0059 NFL, US$ per US$ of GDP | 10 |
| 2020s | 0.0066 NFL, US$ per US$ of GDP | 0.0026 NFL, US$ per US$ of GDP | 0.0131 NFL, US$ per US$ of GDP | 5 |
Countries ranked near Nigeria
- 33 Botswana 0.0157 NFL, US$ per US$ of GDP compare
- 34 Bangladesh 0.0147 NFL, US$ per US$ of GDP compare
- 35 Guinea-Bissau 0.0141 NFL, US$ per US$ of GDP compare
- 37 Paraguay 0.0129 NFL, US$ per US$ of GDP compare
- 38 Mauritius 0.0127 NFL, US$ per US$ of GDP compare
- 39 Côte d'Ivoire 0.0124 NFL, US$ per US$ of GDP 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, official creditors (nfl, us$), per unit of gdp in Nigeria?
- Ppg, official creditors (nfl, us$), per unit of gdp in Nigeria was 0.0131 NFL, US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest ppg, official creditors (nfl, us$), per unit of gdp recorded in Nigeria?
- The highest recorded value was 0.0131 NFL, US$ per US$ of GDP in 2024.
- What is the lowest ppg, official creditors (nfl, us$), per unit of gdp recorded in Nigeria?
- The lowest recorded value was -0.0199 NFL, US$ per US$ of GDP in 2001.
- How does Nigeria rank for ppg, official creditors (nfl, us$), per unit of gdp?
- Nigeria ranks 36th out of 122 countries with data for 2024.
- Is ppg, official creditors (nfl, us$), per unit of gdp rising or falling in Nigeria?
- Over the last ten years it is up 491.1%. 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$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
PPG, official creditors (NFL, US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
PPG, official creditors (NFL, US$) ÷ GDP (current US$)
Computed from
- PPG, official creditors International Debt Statistics, World Bank (WB)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
PPG, official creditors (NFL, US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.