Nigeria Nigeria National Debt

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NATIONAL PUBLIC DEBT Nigeria 2017

National debt fell in Nigeria

In 2017 Nigeria public debt was 84,315 million euros95,215 million dollars, has decreased 1,289486 million since 2016.

This amount means that the debt in 2017 reached 25.34% of Nigeria GDP, a 1.93 percentage point rise from 2016, when it was 23.41% of GDP.

If we check the tables we can see the evolution of Nigeria debt. It has risen since 2007 in global debt terms, when it was 15,527 million euros 21,282 million dollars and also in terms of GDP percentage, when it amounted to 8.12%.

According to the last data point published, Nigeria per capita debt in 2017 was 436 euros492 dollars per inhabitant. In 2016 it was 454 euros 502 dollars, afterwards dropping by 18 euros 10dollars, and if we again check 2007 we can see that then the debt per person was 106 euros145 dollars .

The position of Nigeria, as compared with the rest of the world, has worsened in 2017 in terms of GDP percentage. Currently it is country number 29 in the list of debt to GDP and 36 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
201784,31595,21525.34%€436$492
201685,60494,72923.41%€454$502
201590,215100,10420.33%€490$544
201475,04299,71917.54%€418$556
201370,91494,18418.29%€406$539
201263,02281,02117.58%€377$484
201151,86472,18017.43%€319$443
201026,12834,6669.39%€165$219
200918,39725,6338.62%€119$166
200816,34024,0307.28%€109$160
200715,52721,2828.12%€106$145
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