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Nigeria  

NATIONAL PUBLIC DEBT Nigeria 2016

Public debt went up in Nigeria

In 2016 Nigeria public debt was 71,860 million euros 79,542 million dollars, has increased 731624 million since 2015.

This amount means that the debt in 2016 reached 19.61% of Nigeria GDP, a 3.63 percentage point rise from 2015, when it was 15.98% 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 16,687 million euros 20,952 million dollars and also in terms of GDP percentage, when it amounted to 9.4%.

According to the last data point published, Nigeria per capita debt in 2016 was 386 euros428 dollars per inhabitant. In 2015 it was 393 euros 436 dollars, afterwards dropping by 7 euros 8dollars, and if we again check 2006 we can see that then the debt per person was 119 euros150 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 13 in the list of debt to GDP and 31 in debt per capita, out of the 186 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
DateDebtDebtDebt (%GDP)Debt Per CapitaDebt Per Capita
201671,86079,54219.61%386€428$
201571,12978,91815.98%393€436$
201455,92474,29513.07%317€421$
201350,18466,64912.94%292€388$
201245,69458,70712.74%277€356$
201136,09850,24912.13%225€313$
201026,69435,3889.60%171€227$
200918,40425,6698.62%121€169$
200816,32824,0157.28%110€162$
200715,52721,2808.12%108€148$
200616,68720,9529.40%119€150$
200525,79532,09118.94%189€236$
200437,21646,29335.49%281€349$
200338,31643,34342.09%297€336$
200243,07540,73143.27%343€324$
200143,36138,83453.10%355€318$
200042,28839,05757.60%356€328$
199934,98837,29064.94%302€322$
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: Evolution of debt as a percentage of GDP

Nigeria: Evolution of debt in millions