Principal repayments, PPG and PNG private creditors (AMT, current US$) in Nigeria
Nigeria: Principal repayments, PPG and PNG private creditors (AMT, current US$) was 29.47 million AMT, current US$ in 2011. ◆ Volatile
Principal repayments, PPG and PNG private creditors in Nigeria, 1970–2011
Source: World Bank, Global Development Finance. Measured in AMT, current US$.
Analysis
The most recent figure for principal repayments, ppg and png private creditors in Nigeria is 29.47 million AMT, current US$, measured in 2011.
The figure is down 11.3% on the previous year and down 84.0% over ten years.
Over the whole period, principal repayments, ppg and png private creditors in Nigeria peaked at 2.21 billion AMT, current US$ in 1985 and was at its lowest, 2.06 million AMT, current US$, in 1970.
Nigeria ranks 17th of 50 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Principal repayments, PPG and PNG private creditors (AMT, current US$) in Nigeria, year by year
| Year | AMT, current US$ | Change |
|---|---|---|
| 1970 | 2.06 million AMT, current US$ | — |
| 1971 | 48.23 million AMT, current US$ | +2242.4% |
| 1972 | 46.92 million AMT, current US$ | -2.7% |
| 1973 | 171.73 million AMT, current US$ | +266.0% |
| 1974 | 127.75 million AMT, current US$ | -25.6% |
| 1975 | 196.35 million AMT, current US$ | +53.7% |
| 1976 | 331.71 million AMT, current US$ | +68.9% |
| 1977 | 50.09 million AMT, current US$ | -84.9% |
| 1978 | 44.91 million AMT, current US$ | -10.3% |
| 1979 | 97.33 million AMT, current US$ | +116.7% |
| 1980 | 196.90 million AMT, current US$ | +102.3% |
| 1981 | 587.11 million AMT, current US$ | +198.2% |
| 1982 | 773.93 million AMT, current US$ | +31.8% |
| 1983 | 1.08 billion AMT, current US$ | +39.1% |
| 1984 | 2.06 billion AMT, current US$ | +91.1% |
| 1985 | 2.21 billion AMT, current US$ | +7.5% |
| 1986 | 1.13 billion AMT, current US$ | -48.8% |
| 1987 | 312.65 million AMT, current US$ | -72.4% |
| 1988 | 351.34 million AMT, current US$ | +12.4% |
| 1989 | 309.53 million AMT, current US$ | -11.9% |
| 1990 | 406.01 million AMT, current US$ | +31.2% |
| 1991 | 312.81 million AMT, current US$ | -23.0% |
| 1992 | 211.09 million AMT, current US$ | -32.5% |
| 1993 | 89.00 million AMT, current US$ | -57.8% |
| 1994 | 315.77 million AMT, current US$ | +254.8% |
| 1995 | 448.40 million AMT, current US$ | +42.0% |
| 1996 | 690.22 million AMT, current US$ | +53.9% |
| 1997 | 257.87 million AMT, current US$ | -62.6% |
| 1998 | 24.80 million AMT, current US$ | -90.4% |
| 1999 | 146.07 million AMT, current US$ | +489.0% |
| 2000 | 176.72 million AMT, current US$ | +21.0% |
| 2001 | 184.20 million AMT, current US$ | +4.2% |
| 2002 | 641.90 million AMT, current US$ | +248.5% |
| 2003 | 249.07 million AMT, current US$ | -61.2% |
| 2004 | 135.65 million AMT, current US$ | -45.5% |
| 2005 | 178.72 million AMT, current US$ | +31.8% |
| 2006 | 1.64 billion AMT, current US$ | +817.6% |
| 2007 | 595.67 million AMT, current US$ | -63.7% |
| 2008 | 21.29 million AMT, current US$ | -96.4% |
| 2009 | 55.40 million AMT, current US$ | +160.3% |
| 2010 | 33.24 million AMT, current US$ | -40.0% |
| 2011 | 29.47 million AMT, current US$ | -11.3% |
Nigeria compared with similar countries
- Nigeria's 29.47 million AMT, current US$ is above the median for lower middle income countries, which is 29.47 million AMT, current US$, 1.0× the median. (23 countries reporting)
- Nigeria's 29.47 million AMT, current US$ is above the median for Sub-Saharan Africa, which is 922,000 AMT, current US$, 32.0× the median. (45 countries reporting)
Biggest year-on-year movements
Years where Principal repayments, PPG and PNG private creditors (AMT, current US$) 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 |
|---|---|---|---|
| 1971 | +2242.4% | 2.06 million AMT, current US$ | 48.23 million AMT, current US$ |
| 2006 | +817.6% | 178.72 million AMT, current US$ | 1.64 billion AMT, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 111.71 million AMT, current US$ | 2.06 million AMT, current US$ | 331.71 million AMT, current US$ | 10 |
| 1980s | 900.94 million AMT, current US$ | 196.90 million AMT, current US$ | 2.21 billion AMT, current US$ | 10 |
| 1990s | 290.21 million AMT, current US$ | 24.80 million AMT, current US$ | 690.22 million AMT, current US$ | 10 |
| 2000s | 387.86 million AMT, current US$ | 21.29 million AMT, current US$ | 1.64 billion AMT, current US$ | 10 |
| 2010s | 31.36 million AMT, current US$ | 29.47 million AMT, current US$ | 33.24 million AMT, current US$ | 2 |
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 principal repayments, ppg and png private creditors in Nigeria?
- Principal repayments, ppg and png private creditors in Nigeria was 29.47 million AMT, current US$ in 2011, according to World Bank, Global Development Finance.
- What is the highest principal repayments, ppg and png private creditors recorded in Nigeria?
- The highest recorded value was 2.21 billion AMT, current US$ in 1985.
- What is the lowest principal repayments, ppg and png private creditors recorded in Nigeria?
- The lowest recorded value was 2.06 million AMT, current US$ in 1970.
- How does Nigeria rank for principal repayments, ppg and png private creditors?
- Nigeria ranks 17th out of 50 countries with data for 2011.
- Is principal repayments, ppg and png private creditors rising or falling in Nigeria?
- Over the last ten years it is down 84.0%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from World Bank, Global Development Finance, published as part of Principal repayments, PPG and PNG private creditors (AMT, current US$). Statizoid updates them automatically from the source API.
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About this data
Private nonguaranteed external debt is an external obligation of a private debtor that is not guaranteed for repayment by a public entity. Principal repayments are actual amounts of principal (amortization) paid in currency, goods, or services in the year specified. Long-term external debt is defined as debt that has an original or extended maturity of more than one year and that is owed to nonresidents and repayable in currency, goods, or services. Data are in current U.S. dollars.