Primary net lending (+) / net borrowing (-), General government in Nigeria
Nigeria: Primary net lending (+) / net borrowing (-), General government was 0.0167 in 2031. ◆ Volatile
Primary net lending (+) / net borrowing (-), General government in Nigeria, 1990–2031
Source: International Monetary Fund.
Analysis
The most recent figure for primary net lending (+) / net borrowing (-), general government in Nigeria is 0.0167, measured in 2031.
That represents a change of up 122.3% on the previous year and up 100.8% over ten years.
Over the whole period, primary net lending (+) / net borrowing (-), general government in Nigeria peaked at 6.7 in 2006 and was at its lowest, -3.32, in 2009.
Nigeria ranks 7th of 24 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.
Primary net lending (+) / net borrowing (-), General government in Nigeria, year by year
| Year | Value | Change |
|---|---|---|
| 1990 | 3.81 | — |
| 1991 | 2.88 | -24.4% |
| 1992 | 5.76 | +100.0% |
| 1993 | -1.6 | -127.7% |
| 1994 | -0.1559 | -90.2% |
| 1995 | 4.3 | -2858.6% |
| 1996 | 4.59 | +6.8% |
| 1997 | 2.37 | -48.3% |
| 1998 | -2.11 | -188.7% |
| 1999 | 2.27 | -207.6% |
| 2000 | 5.77 | +154.6% |
| 2001 | 0.5636 | -90.2% |
| 2002 | 2.29 | +306.0% |
| 2003 | 1.35 | -40.8% |
| 2004 | 4.88 | +260.1% |
| 2005 | 4.81 | -1.3% |
| 2006 | 6.7 | +39.3% |
| 2007 | -0.3468 | -105.2% |
| 2008 | 4.5 | -1396.1% |
| 2009 | -3.32 | -173.9% |
| 2010 | -2.52 | -24.2% |
| 2011 | 0.9047 | -136.0% |
| 2012 | 0.5999 | -33.7% |
| 2013 | -1.19 | -298.3% |
| 2014 | -1.04 | -12.9% |
| 2015 | -1.9 | +83.0% |
| 2016 | -2.39 | +26.0% |
| 2017 | -2.88 | +20.7% |
| 2018 | -1.61 | -44.3% |
| 2019 | -1.97 | +22.4% |
| 2020 | -2.31 | +17.6% |
| 2021 | -2.16 | -6.5% |
| 2022 | -2.35 | +8.8% |
| 2023 | -0.2845 | -87.9% |
| 2024 | 1.2 | -521.0% |
| 2025 | 0.8771 | -26.8% |
| 2026 | -1.65 | -287.9% |
| 2027 | -0.5988 | -63.7% |
| 2028 | -0.1333 | -77.7% |
| 2029 | -0.0815 | -38.8% |
| 2030 | -0.075 | -8.0% |
| 2031 | 0.0167 | -122.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.21 | -2.11 | 5.76 | 10 |
| 2000s | 2.72 | -3.32 | 6.7 | 10 |
| 2010s | -1.4 | -2.88 | 0.9047 | 10 |
| 2020s | -0.7493 | -2.35 | 1.2 | 10 |
| 2030s | -0.0291 | -0.075 | 0.0167 | 2 |
Countries ranked near Nigeria
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 primary net lending (+) / net borrowing (-), general government in Nigeria?
- Primary net lending (+) / net borrowing (-), general government in Nigeria was 0.0167 in 2031, according to International Monetary Fund.
- What is the highest primary net lending (+) / net borrowing (-), general government recorded in Nigeria?
- The highest recorded value was 6.7 in 2006.
- What is the lowest primary net lending (+) / net borrowing (-), general government recorded in Nigeria?
- The lowest recorded value was -3.32 in 2009.
- How does Nigeria rank for primary net lending (+) / net borrowing (-), general government?
- Nigeria ranks 7th out of 24 countries with data for 2031.
- Is primary net lending (+) / net borrowing (-), general government rising or falling in Nigeria?
- Over the last ten years it is up 100.8%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from International Monetary Fund, published as part of Primary net lending (+) / net borrowing (-), General government, Percent of GDP (9/26/2025). Statizoid updates them automatically from the source API.
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About this data
The World Economic Outlook (WEO) database is created during the biannual WEO exercise, which begins in January and June of each year and results in the April and September/October WEO publication. Selected series from the publication are available in a database format.