Nigeria Nigeria National Debt

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NATIONAL PUBLIC DEBT Nigeria 2019

Public debt went up in Nigeria

In 2019 Nigeria public debt was 116,740 million euros130,691 million dollars, has increased 17,91713,981 million since 2018.

This amount means that the debt in 2019 reached 29.17% of Nigeria GDP, a 1.48 percentage point rise from 2018, when it was 27.69% of GDP.

If we check the tables we can see the evolution of Nigeria debt. It has risen since 2009 in global debt terms, when it was 18,397 million euros 25,661 million dollars and also in terms of GDP percentage, when it amounted to 8.62%.

According to the last data point published, Nigeria per capita debt in 2019 was 581 euros650 dollars per inhabitant. In 2018 it was 505 euros 596 dollars, afterwards rising by 76 euros54 dollars, and if we again check 2009 we can see that then the debt per person was 119 euros166 dollars .

The position of Nigeria, as compared with the rest of the world, has remained in 2019 in terms of GDP percentage. Currently it is country number 29 in the list of debt to GDP and 40 in debt per capita, out of the 189 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.$.)Debt (%GDP)Debt Per CapitaDebt Per Capita
2019116,740130,69129.17%581€650$
201898,823116,71027.69%505€596$
201784,31595,25025.34%442€499$
201685,60494,75523.41%460€510$
201590,214100,09320.33%498€553$
201475,04299,69317.54%425€565$
201370,91494,18118.29%413€548$
201263,02180,97017.58%377€484$
201151,86472,19517.43%319€443$
201026,12834,6379.39%165€219$
200918,39725,6618.62%119€166$
200816,34024,0337.28%109€160$
200715,52721,2808.12%106€145$
200616,68620,9509.40%117€147$
200525,81332,11418.94%186€231$
200437,20446,27835.49%275€342$
200338,30743,33342.09%290€329$
200243,03340,69243.27%335€316$
200143,35338,82753.10%346€310$
200042,28039,04957.60%346€319$
199934,98637,28864.94%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