PPG, private creditors (NFL, US$), annual growth rate in Nigeria
Nigeria: PPG, private creditors (NFL, US$), annual growth rate was 460.03 % change on previous year in 2024. ◆ Volatile
PPG, private creditors (NFL, US$), annual growth rate in Nigeria, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for ppg, private creditors (nfl, us$), annual growth rate in Nigeria is 460.03 % change on previous year, measured in 2024. That is the highest value across all 45 years on record.
Compared with earlier readings it is up 375.5% on the previous year and up 32,206.1% over five years.
Over the whole period, ppg, private creditors (nfl, us$), annual growth rate in Nigeria peaked at 460.03 % change on previous year in 2024 and was at its lowest, -963.22 % change on previous year, in 2006.
Nigeria ranks 5th of 117 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
PPG, private creditors (NFL, US$), annual growth rate in Nigeria, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 42.12 % change on previous year | — |
| 1972 | 261.71 % change on previous year | +521.4% |
| 1974 | 29.87 % change on previous year | -88.6% |
| 1975 | -64.81 % change on previous year | -316.9% |
| 1976 | -78.86 % change on previous year | +21.7% |
| 1977 | 96.84 % change on previous year | -222.8% |
| 1979 | -37.92 % change on previous year | -139.2% |
| 1980 | 23.43 % change on previous year | -161.8% |
| 1981 | 38.89 % change on previous year | +66.0% |
| 1982 | 65.94 % change on previous year | +69.5% |
| 1983 | -62.54 % change on previous year | -194.8% |
| 1984 | -155.74 % change on previous year | +149.0% |
| 1985 | -79.61 % change on previous year | -48.9% |
| 1986 | 40.61 % change on previous year | -151.0% |
| 1987 | 186.88 % change on previous year | +360.1% |
| 1988 | -66.92 % change on previous year | -135.8% |
| 1989 | 177.92 % change on previous year | -365.9% |
| 1990 | -124.28 % change on previous year | -169.9% |
| 1991 | 31.95 % change on previous year | -125.7% |
| 1992 | -176.65 % change on previous year | -652.9% |
| 1993 | 60.32 % change on previous year | -134.1% |
| 1994 | -287.06 % change on previous year | -575.9% |
| 1995 | -43.37 % change on previous year | -84.9% |
| 1996 | -55.16 % change on previous year | +27.2% |
| 1997 | 63.56 % change on previous year | -215.2% |
| 1998 | 94.03 % change on previous year | +47.9% |
| 1999 | -650.47 % change on previous year | -791.8% |
| 2000 | -27.6 % change on previous year | -95.8% |
| 2001 | -5.77 % change on previous year | -79.1% |
| 2002 | -306.89 % change on previous year | +5222.9% |
| 2003 | 59.38 % change on previous year | -119.3% |
| 2004 | 62.05 % change on previous year | +4.5% |
| 2005 | -54.13 % change on previous year | -187.2% |
| 2006 | -963.22 % change on previous year | +1679.5% |
| 2007 | 62.52 % change on previous year | -106.5% |
| 2008 | 102.78 % change on previous year | +64.4% |
| 2009 | -261.82 % change on previous year | -354.8% |
| 2010 | 85.46 % change on previous year | -132.6% |
| 2014 | 0 % change on previous year | -100.0% |
| 2015 | -100 % change on previous year | — |
| 2018 | 1.42 % change on previous year | -101.4% |
| 2021 | 31.13 % change on previous year | +2086.3% |
| 2022 | -50.95 % change on previous year | -263.7% |
| 2023 | -167.01 % change on previous year | +227.8% |
| 2024 | 460.03 % change on previous year | -375.5% |
Nigeria compared with similar countries
- Nigeria's 460.03 % change on previous year is above the median for lower middle income countries, which is 32.01 % change on previous year, 14.4× the median. (41 countries reporting)
- Nigeria's 460.03 % change on previous year is above the median for Sub-Saharan Africa, which is 33.78 % change on previous year, 13.6× the median. (43 countries reporting)
Biggest year-on-year movements
Years where PPG, private creditors (NFL, US$), annual growth rate in Nigeria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2002 | -5222.9% | -5.77 % change on previous year | -306.89 % change on previous year |
| 2021 | +2086.3% | 1.42 % change on previous year | 31.13 % change on previous year |
| 2006 | -1679.5% | -54.13 % change on previous year | -963.22 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 35.56 % change on previous year | -78.86 % change on previous year | 261.71 % change on previous year | 7 |
| 1980s | 16.89 % change on previous year | -155.74 % change on previous year | 186.88 % change on previous year | 10 |
| 1990s | -108.71 % change on previous year | -650.47 % change on previous year | 94.03 % change on previous year | 10 |
| 2000s | -133.27 % change on previous year | -963.22 % change on previous year | 102.78 % change on previous year | 10 |
| 2010s | -3.28 % change on previous year | -100 % change on previous year | 85.46 % change on previous year | 4 |
| 2020s | 68.3 % change on previous year | -167.01 % change on previous year | 460.03 % change on previous year | 4 |
Countries ranked near Nigeria
- 2 Maldives 811.12 % change on previous year compare
- 3 Cote d'Ivoire 647.65 % change on previous year compare
- 4 Togo 522.53 % change on previous year compare
- 6 Brazil 447.36 % change on previous year compare
- 7 South Africa 397.23 % change on previous year compare
- 8 India 384.26 % change on previous year compare
More external debt data for Nigeria
- Net financial flows, IBRD 141.84 million NFL, current US$ (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, private creditors (nfl, us$), annual growth rate in Nigeria?
- Ppg, private creditors (nfl, us$), annual growth rate in Nigeria was 460.03 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest ppg, private creditors (nfl, us$), annual growth rate recorded in Nigeria?
- The highest recorded value was 460.03 % change on previous year in 2024.
- What is the lowest ppg, private creditors (nfl, us$), annual growth rate recorded in Nigeria?
- The lowest recorded value was -963.22 % change on previous year in 2006.
- How does Nigeria rank for ppg, private creditors (nfl, us$), annual growth rate?
- Nigeria ranks 5th out of 117 countries with data for 2024.
- Where does this Nigeria data come from?
- The figures come from Statizoid (derived), published as part of PPG, private creditors (NFL, US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 45 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in PPG, private creditors (NFL, US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- PPG, private creditors International Debt Statistics, World Bank (WB)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in PPG, private creditors (NFL, US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.