The national debt in Nigeria was forecast to continuously increase between 2024 and 2029 by in total 122.9 billion U.S. dollars (+95.74 percent). After the tenth consecutive increasing year, the national debt is estimated to reach 251.25 billion U.S. dollars and therefore a new peak in 2029. Notably, the national debt was continuously increasing over the past years. According to the International Monetary Fund, the general government gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future.
Find more key insights for the national debt in countries like Burkina Faso, Ghana and Benin.
Nigeria: National debt from 2019 to 2029
(in billion U.S. dollars)
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National debt in billion U.S. dollars
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IMF. (April 22, 2024). Nigeria: National debt from 2019 to 2029 (in billion U.S. dollars) [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/531833/national-debt-of-nigeria/
IMF. "Nigeria: National debt from 2019 to 2029 (in billion U.S. dollars)." Chart. April 22, 2024. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/531833/national-debt-of-nigeria/
IMF. (2024). Nigeria: National debt from 2019 to 2029 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/531833/national-debt-of-nigeria/
IMF. "Nigeria: National Debt from 2019 to 2029 (in Billion U.S. Dollars)." Statista, Statista Inc., 22 Apr 2024, https://www.statista.com/statistics/531833/national-debt-of-nigeria/
IMF, Nigeria: National debt from 2019 to 2029 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/531833/national-debt-of-nigeria/ (last visited August 24, 2024)
Nigeria: National debt from 2019 to 2029 (in billion U.S. dollars) [Graph], IMF, April 22, 2024. [Online]. Available: https://www.statista.com/statistics/531833/national-debt-of-nigeria/