NATIONAL PUBLIC DEBT Nigeria 2024

National debt fell in Nigeria

In 2024 Nigeria public debt was 91,735 million euros99,262 million dollars, has decreased 71,98977,819 million since 2023.

This amount means that the debt in 2024 reached 52.9% of Nigeria GDP, a 4.23 percentage point rise from 2023, when it was 48.67% of GDP.

If we check the tables we can see the evolution of Nigeria debt. It has risen since 2014 in global debt terms, when it was 78,697 million euros 104,577 million dollars and also in terms of GDP percentage, when it amounted to 18.16%.

According to the last data point published, Nigeria per capita debt in 2024 was 403 euros436 dollars per inhabitant. In 2023 it was 718 euros 777 dollars, afterwards dropping by 315 euros 341dollars, and if we again check 2014 we can see that then the debt per person was 423 euros563 dollars .

The position of Nigeria, as compared with the rest of the world, has worsened in 2024 in terms of GDP percentage. Currently it is country number 94 in the list of debt to GDP and 17 in debt per capita, out of the 191 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
202491,73599,26252.90%€403$436
2023163,724177,08148.67%€718$777
2022182,811192,66140.44%€819$863
2021137,103162,26536.79%€627$743
2020134,943154,00835.63%€631$720
2019127,963143,26830.19%€611$684
2018102,430121,02028.70%€500$591
201784,36795,27425.36%€421$476
201689,55899,10524.47%€458$507
201593,656103,92421.02%€491$545
201478,697104,57718.16%€423$563
201371,86495,44518.29%€397$527
201263,87082,11117.58%€382$491
201152,59773,19917.43%€323$450
201026,48435,1399.39%€167$222
200918,70726,0638.62%€121$169
200816,59424,4027.28%€110$162
200715,77121,6178.12%€108$148
200616,68620,9529.40%€117$147
200525,81332,13118.94%€186$231
200437,20446,25735.49%€275$342
200338,30743,32042.09%€290$328
200243,03340,66243.27%€335$316
200143,35338,82853.10%€346$310
200042,27939,06757.60%€346$319
199934,98637,32464.94%€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