Nigeria Nigeria National Debt

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NATIONAL PUBLIC DEBT Nigeria 2020

Public debt went up in Nigeria

In 2020 Nigeria public debt was 131,882 million euros150,635 million dollars, has increased 15,11219,911 million since 2019.

This amount means that the debt in 2020 reached 35% of Nigeria GDP, a 5.83 percentage point rise from 2019, when it was 29.17% of GDP.

If we check the tables we can see the evolution of Nigeria debt. It has risen since 2010 in global debt terms, when it was 26,176 million euros 34,702 million dollars and also in terms of GDP percentage, when it amounted to 9.39%.

According to the last data point published, Nigeria per capita debt in 2020 was 640 euros731 dollars per inhabitant. In 2019 it was 581 euros 650 dollars, afterwards rising by 59 euros81 dollars, and if we again check 2010 we can see that then the debt per person was 165 euros219 dollars .

The position of Nigeria, as compared with the rest of the world, has worsened in 2020 in terms of GDP percentage. Currently it is country number 33 in the list of debt to GDP and 43 in debt per capita, out of the 190 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.$.)Debt (%GDP)Debt Per CapitaDebt Per Capita
2020131,882150,63535.00%640€731$
2019116,770130,72429.17%581€650$
201898,928116,83427.69%505€596$
201784,48495,44225.34%443€500$
201685,63994,79423.41%461€510$
201590,260100,14320.33%498€553$
201475,16199,85217.54%426€566$
201370,93694,21018.29%413€548$
201263,05681,01517.58%377€484$
201151,91272,26117.43%319€444$
201026,17634,7029.39%165€219$
200918,44525,7278.62%120€167$
200816,42024,1507.28%109€161$
200715,54921,3118.12%106€146$
200616,70020,9699.40%117€147$
200525,85332,16418.94%186€232$
200437,24246,32635.49%275€342$
200338,37443,40942.09%291€329$
200243,16840,82043.27%336€317$
200143,38338,85453.10%346€310$
200042,39539,15657.60%347€320$
199935,03237,33764.94%294€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