Nigeria Nigeria National Debt

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NATIONAL PUBLIC DEBT Nigeria 2022

Nigeria national debt goes up

In 2022 Nigeria public debt was 179,583 million euros189,258 million dollars, has increased 43,41228,096 million since 2021.

This amount means that the debt in 2022 reached 39.65% of Nigeria GDP, a 3.14 percentage point rise from 2021, when it was 36.51% of GDP.

If we check the tables we can see the evolution of Nigeria debt. It has risen since 2012 in global debt terms, when it was 63,021 million euros 81,021 million dollars and also in terms of GDP percentage, when it amounted to 17.58%.

According to the last data point published, Nigeria per capita debt in 2022 was 842 euros887 dollars per inhabitant. In 2021 it was 638 euros 755 dollars, afterwards rising by 204 euros132 dollars, and if we again check 2012 we can see that then the debt per person was 377 euros484 dollars .

The position of Nigeria, as compared with the rest of the world, has worsened in 2022 in terms of GDP percentage. Currently it is country number 45 in the list of debt to GDP and 43 in debt per capita, out of the 191 we publish.

In this page we show you the progression of the public debt in Nigeria. You can see debt in other countries in Public debt and see all the information about Nigeria in economy of Nigeria.

Nigeria: Evolution of debt
DateDebt (M.€.)Debt ($M)Debt (%GDP)Debt Per CapitaDebt Per Capita
2022179,583189,25839.65%€842$887
2021136,171161,16236.51%€638$755
2020129,758148,09134.49%€623$711
2019116,755130,71929.17%€574$643
201898,838116,77627.69%€498$589
201784,31595,21525.34%€436$492
201685,60394,72923.41%€454$502
201590,214100,10420.33%€490$544
201475,04299,71917.54%€418$556
201370,91494,18418.29%€406$539
201263,02181,02117.58%€377$484
201151,86472,18017.43%€319$443
201026,12834,6669.39%€165$219
200918,39725,6338.62%€119$166
200816,34024,0307.28%€109$160
200715,52721,2828.12%€106$145
200616,68520,9529.40%€117$147
200525,81332,13118.94%€186$231
200437,20446,25735.49%€275$342
200338,30743,32042.09%€290$328
200243,03340,66243.27%€335$316
200143,35338,82853.10%€346$310
200042,27939,06757.60%€346$319
199934,98637,32464.94%€293$313
199846,68522.27%$401
199745,34424.14%$400
199643,52825.21%$393
199545,01034.04%$417
199444,78955.90%$425
199340,34771.02%$393
199236,67970.16%$366
199145,07574.96%$462
199044,56171.68%$468
Nigeria: Evolution of debt as a percentage of GDP

Nigeria: Evolution of debt in millions