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NATIONAL PUBLIC DEBT Nigeria 2016

Public debt went up in Nigeria

In 2016 Nigeria public debt was 68,310 million euros 75,612 million dollars, has increased 14,40615,806 million since 2015.

This amount means that the debt in 2016 reached 18.62% of Nigeria GDP, a 6.51 percentage point rise from 2015, when it was 12.11% of GDP.

If we check the tables we can see the evolution of Nigeria debt. It has risen since 2006 in global debt terms, when it was 13,676 million euros 17,171 million dollars and also in terms of GDP percentage, when it amounted to 7.71%.

According to the last data point published, Nigeria per capita debt in 2016 was 375 euros415 dollars per inhabitant. In 2015 it was 296 euros 328 dollars, afterwards rising by 79 euros87 dollars, and if we again check 2006 we can see that then the debt per person was 98 euros123 dollars .

The position of Nigeria, as compared with the rest of the world, has worsened in 2016 in terms of GDP percentage. Currently it is country number 15 in the list of debt to GDP and 32 in debt per capita, out of the 185 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: Debt evolution
 Millions €Millions $% GDP€ Per Capita$ Per Capita
201668,31075,61218.62%375415
201553,90459,80612.11%296328
201445,37060,27510.61%256340
201348,88864,92812.61%283376
201244,95857,76212.54%273351
201137,58552,31912.63%234326
201026,69435,3889.60%171227
200918,40425,6708.62%121169
200816,32824,0157.28%110163
200715,52721,2808.12%108148
200613,67617,1717.71%98123
200525,77432,06618.93%189236
200437,20546,27935.49%281349
200338,20843,22041.97%296335
200243,05540,71343.27%343324
200143,35438,82753.10%355318
200042,27939,04957.60%355328
199934,98737,28964.94%302322
199846,68522.27%414
199745,34424.14%414
199643,52825.21%408
199545,01034.04%433
199444,78955.90%443
199340,34771.02%410
199236,67970.16%383
199145,07574.96%484
199044,56171.68%492
Nigeria: Debt evolution as percent of GDP

Nigeria: Debt evolution Millions