Nigeria External Debt 1970-2024
Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt. Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Data are in current U.S. dollars.
- Nigeria external debt for 2022 was $98,335,333,958, a 8.2% increase from 2021.
- Nigeria external debt for 2021 was $90,887,068,294, a 9.72% increase from 2020.
- Nigeria external debt for 2020 was $82,833,305,939, a 6.59% increase from 2019.
- Nigeria external debt for 2019 was $77,708,890,975, a 16.74% increase from 2018.
| Nigeria External Debt - Historical Data |
| Year |
Current US $ |
Annual % Change |
| 2022 |
$98,335,333,958 |
8.20% |
| 2021 |
$90,887,068,294 |
9.72% |
| 2020 |
$82,833,305,939 |
6.59% |
| 2019 |
$77,708,890,975 |
16.74% |
| 2018 |
$66,565,585,785 |
6.01% |
| 2017 |
$62,791,819,170 |
51.82% |
| 2016 |
$41,359,562,489 |
-0.44% |
| 2015 |
$41,541,257,872 |
-0.63% |
| 2014 |
$41,804,654,310 |
7.82% |
| 2013 |
$38,771,517,424 |
4.84% |
| 2012 |
$36,981,904,539 |
14.22% |
| 2011 |
$32,377,423,146 |
14.56% |
| 2010 |
$28,262,197,009 |
12.77% |
| 2009 |
$25,062,797,640 |
10.59% |
| 2008 |
$22,663,245,893 |
3.24% |
| 2007 |
$21,952,953,677 |
18.18% |
| 2006 |
$18,576,099,579 |
-46.32% |
| 2005 |
$34,608,131,315 |
-24.62% |
| 2004 |
$45,910,626,686 |
9.68% |
| 2003 |
$41,856,858,871 |
13.80% |
| 2002 |
$36,779,630,348 |
5.15% |
| 2001 |
$34,976,644,764 |
4.36% |
| 2000 |
$33,514,256,077 |
15.19% |
| 1999 |
$29,095,550,937 |
-4.02% |
| 1998 |
$30,313,714,708 |
6.49% |
| 1997 |
$28,467,535,604 |
-9.38% |
| 1996 |
$31,414,754,639 |
-7.86% |
| 1995 |
$34,094,439,060 |
3.03% |
| 1994 |
$33,092,276,818 |
7.80% |
| 1993 |
$30,699,263,746 |
5.79% |
| 1992 |
$29,018,663,728 |
-13.45% |
| 1991 |
$33,526,931,287 |
0.20% |
| 1990 |
$33,458,483,418 |
11.08% |
| 1989 |
$30,121,991,493 |
1.68% |
| 1988 |
$29,624,118,543 |
2.06% |
| 1987 |
$29,024,891,233 |
30.65% |
| 1986 |
$22,215,781,654 |
19.09% |
| 1985 |
$18,655,375,059 |
4.90% |
| 1984 |
$17,783,310,907 |
1.17% |
| 1983 |
$17,576,996,153 |
46.57% |
| 1982 |
$11,992,466,650 |
4.78% |
| 1981 |
$11,445,499,562 |
28.05% |
| 1980 |
$8,938,210,283 |
43.14% |
| 1979 |
$6,244,582,441 |
22.66% |
| 1978 |
$5,091,168,448 |
61.81% |
| 1977 |
$3,146,444,250 |
135.20% |
| 1976 |
$1,337,791,872 |
-20.71% |
| 1975 |
$1,687,175,642 |
-10.29% |
| 1974 |
$1,880,722,152 |
5.72% |
| 1973 |
$1,778,977,496 |
64.45% |
| 1972 |
$1,081,759,365 |
12.64% |
| 1971 |
$960,364,871 |
14.78% |
| 1970 |
$836,680,592 |
14.78% |
