Primary net lending (+) / net borrowing (-), General government in Nigeria
Nigeria: Primary net lending (+) / net borrowing (-), General government was -0.4208 in 2030. ◆ Volatile
Latest (2030)
-0.4208
Change on year
up 7.6%
World rank
98th
of 188 countries
All-time high
6.7
in 2006
All-time low
-3.32
in 2009
Years of data
40
1991–2030
Primary net lending (+) / net borrowing (-), General government in Nigeria, 1991–2030
Source: International Monetary Fund.
Analysis
In 2030, primary net lending (+) / net borrowing (-), general government in Nigeria stood at -0.4208.
The figure is up 7.6% on the previous year and up 81.8% 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 98th of 188 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 |
|---|---|---|
| 1991 | 2.88 | — |
| 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 | 0.9031 | -417.5% |
| 2025 | -0.3114 | -134.5% |
| 2026 | -1.19 | +281.1% |
| 2027 | -0.3903 | -67.1% |
| 2028 | -0.316 | -19.0% |
| 2029 | -0.4552 | +44.1% |
| 2030 | -0.4208 | -7.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.03 | -2.11 | 5.76 | 9 |
| 2000s | 2.72 | -3.32 | 6.7 | 10 |
| 2010s | -1.4 | -2.88 | 0.9047 | 10 |
| 2020s | -0.8863 | -2.35 | 0.9031 | 10 |
| 2030s | -0.4208 | -0.4208 | -0.4208 | 1 |
Countries ranked near Nigeria
- 95 Guyana -0.3266 compare
- 96 Guinea-Bissau -0.3435 compare
- 97 Liberia -0.3547 compare
- 99 Tanzania, United Republic of -0.4661 compare
- 100 Yemen -0.4756 compare
- 101 Afghanistan -0.4945 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 primary net lending (+) / net borrowing (-), general government in Nigeria?
- Primary net lending (+) / net borrowing (-), general government in Nigeria was -0.4208 in 2030, 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 98th out of 188 countries with data for 2030.
- Is primary net lending (+) / net borrowing (-), general government rising or falling in Nigeria?
- Over the last ten years it is up 81.8%. 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. Statizoid updates them automatically from the source API.
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About this data
Fiscal Monitor (FM) 2025 October