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

Latest (2024)
460.03 % change on previous year
Change on year
up 375.5%
World rank
5th
of 117 countries
All-time high
460.03 % change on previous year
in 2024
All-time low
-963.22 % change on previous year
in 2006
Years of data
45
1971–2024

PPG, private creditors (NFL, US$), annual growth rate in Nigeria, 1971–2024

-1.0k-50005001971199720241971: 42.1 % change on previous year1972: 261.7 % change on previous year1974: 29.9 % change on previous year1975: -64.8 % change on previous year1976: -78.9 % change on previous year1977: 96.8 % change on previous year1979: -37.9 % change on previous year1980: 23.4 % change on previous year1981: 38.9 % change on previous year1982: 65.9 % change on previous year1983: -62.5 % change on previous year1984: -155.7 % change on previous year1985: -79.6 % change on previous year1986: 40.6 % change on previous year1987: 186.9 % change on previous year1988: -66.9 % change on previous year1989: 177.9 % change on previous year1990: -124.3 % change on previous year1991: 32 % change on previous year1992: -176.6 % change on previous year1993: 60.3 % change on previous year1994: -287.1 % change on previous year1995: -43.4 % change on previous year1996: -55.2 % change on previous year1997: 63.6 % change on previous year1998: 94 % change on previous year1999: -650.5 % change on previous year2000: -27.6 % change on previous year2001: -5.8 % change on previous year2002: -306.9 % change on previous year2003: 59.4 % change on previous year2004: 62 % change on previous year2005: -54.1 % change on previous year2006: -963.2 % change on previous year2007: 62.5 % change on previous year2008: 102.8 % change on previous year2009: -261.8 % change on previous year2010: 85.5 % change on previous year2014: 0 % change on previous year2015: -100 % change on previous year2018: 1.4 % change on previous year2021: 31.1 % change on previous year2022: -51 % change on previous year2023: -167 % change on previous year2024: 460 % change on previous year

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

Annual values for PPG, private creditors (NFL, US$), annual growth rate in Nigeria, 1971 to 2024.
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%

Averages by decade

DecadeAverage LowestHighest 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

  1. 2 Maldives 811.12 % change on previous year compare
  2. 3 Côte d'Ivoire 647.65 % change on previous year compare
  3. 4 Togo 522.53 % change on previous year compare
  4. 6 Brazil 447.36 % change on previous year compare
  5. 7 South Africa 397.23 % change on previous year compare
  6. 8 India 384.26 % change on previous year compare

See the full ranking of 129 places →

More external debt data for Nigeria

All data for Nigeria →

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.

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PPG, private creditors (NFL, US$), annual growth rate in Nigeria. Statizoid, drawing on Statizoid (derived). Retrieved 09 September 2026, from https://debt.statizoid.com/stat/ppg-private-creditors-nfl-us-annual-growth-rate/nigeria/

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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

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

Indicator
PPG, private creditors (NFL, US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
129 places, 4,725 data points, 1971–2024
Last refreshed

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.