Nigeria Nigeria National Debt

Subscribe to our free email alert service

NATIONAL PUBLIC DEBT Nigeria 2020

The national debt increased in Nigeria

In 2020 Nigeria public debt was 129,758 million euros148,091 million dollars, has increased 13,00317,372 million since 2019.

This amount means that the debt in 2020 reached 34.49% of Nigeria GDP, a 5.32 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 26,128 million euros 34,666 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 623 euros711 dollars per inhabitant. In 2019 it was 574 euros 643 dollars, afterwards rising by 49 euros68 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 improved in 2020 in terms of GDP percentage. Currently it is country number 28 in the list of debt to GDP and 41 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
2020129,758148,09134.49%€623$711
2019116,755130,71929.17%€574$643
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