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Nigeria  

NATIONAL PUBLIC DEBT Nigeria 2016

Public debt went up in Nigeria

In 2016 Nigeria public debt was 64,509 million euros 71,405 million dollars, has increased 5,5746,017 million since 2015.

This amount means that the debt in 2016 reached 17.61% of Nigeria GDP, a 4.37 percentage point rise from 2015, when it was 13.24% 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 347 euros384 dollars per inhabitant. In 2015 it was 325 euros 361 dollars, afterwards rising by 22 euros23 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 12 in the list of debt to GDP and 26 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
DateDebtDebtDebt (%GDP)Debt Per CapitaDebt Per Capita
201664,50971,40517.61%347€384$
201558,93565,38813.24%325€361$
201453,36270,89212.47%302€402$
201348,07463,84712.40%280€372$
201245,02857,85212.56%273€351$
201136,09850,24912.13%225€313$
201026,69435,3889.60%171€227$
200918,40425,6708.62%121€169$
200816,32824,0157.28%110€162$
200715,52721,2808.12%108€148$
200613,67617,1717.71%98€123$
200525,77432,06618.93%189€235$
200437,20546,27935.49%281€349$
200338,20843,22041.97%296€335$
200243,05540,71343.27%343€324$
200143,35438,82753.10%355€318$
200042,27939,04957.60%355€328$
199934,98737,28964.94%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: Debt evolution as percent of GDP

Nigeria: Debt evolution Millions