Primary net lending (+) / net borrowing (-) … Primary Percent GDP in Nigeria
Nigeria: Primary net lending (+) / net borrowing (-) … Primary Percent GDP was -0.4208 in 2030. ◆ Volatile
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 (-) … Primary Percent GDP 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% |
Nigeria compared with similar countries
- Nigeria's -0.4208 is above the median for lower middle income countries, which is -0.4435, 95% of the median. (46 countries reporting)
- Nigeria's -0.4208 is below the median for Sub-Saharan Africa, which is -0.1097, 3.8× the median. (48 countries reporting)
Biggest year-on-year movements
Years where Primary net lending (+) / net borrowing (-) … Primary Percent 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 |
|---|---|---|---|
| 1995 | +2858.6% | -0.1559 | 4.3 |
| 2008 | +1396.1% | -0.3468 | 4.5 |
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
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 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