Nigeria Nigeria National Debt

Subscribe to our free email alert service

NATIONAL PUBLIC DEBT Nigeria 2018

Nigeria national debt goes up

In 2018 Nigeria public debt was 98,838 million euros116,776 million dollars, has increased 14,52321,561 million since 2017.

This amount means that the debt in 2018 reached 27.69% of Nigeria GDP, a 2.35 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 24,030 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 498 euros589 dollars per inhabitant. In 2017 it was 436 euros 492 dollars, afterwards rising by 62 euros97 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 remained in 2018 in terms of GDP percentage. Currently it is country number 29 in the list of debt to GDP and 37 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
201898,838116,77627.69%€498$589
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