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NATIONAL PUBLIC DEBT Nigeria 2018

The national debt increased in Nigeria

In 2018 Nigeria public debt was 91,873 million euros 108,502 million dollars, has increased 7,42013,095 million since 2017.

This amount means that the debt in 2018 reached 27.26% of Nigeria GDP, a 1.92 percentage point rise from 2017, when it was 25.34% of GDP.

If we check the tables we can see the evolution of Nigeria debt. It has risen since 2008 in global debt terms, when it was 16,340 million euros 24,033 million dollars and also in terms of GDP percentage, when it amounted to 7.28%.

According to the last data point published, Nigeria per capita debt in 2018 was 469 euros554 dollars per inhabitant. In 2017 it was 442 euros 500 dollars, afterwards rising by 27 euros54 dollars, and if we again check 2008 we can see that then the debt per person was 109 euros160 dollars .

The position of Nigeria, as compared with the rest of the world, has worsened in 2018 in terms of GDP percentage. Currently it is country number 27 in the list of debt to GDP and 34 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
201891,873108,50227.26%469€554$
201784,45395,40725.34%442€500$
201685,77194,94023.41%461€511$
201590,472100,37820.33%499€554$
201475,04299,69317.54%425€565$
201372,05995,70218.59%420€557$
201263,45481,52617.70%379€488$
201152,32772,83917.59%321€447$
201026,69535,3909.60%168€223$
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$
200042,27939,04957.60%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