Nigeria vs South Africa: Short-term debt
Short-term debt over time
- Nigeria
- South Africa
How they compare
Nigeria currently reports 36.2% against 33.8% in South Africa, a difference of 2.4%.
That makes Nigeria's figure about 1.1 times South Africa's.
The two have swapped places 4 times across 31 shared years of data; in 1994 it was Nigeria ahead.
Nigeria ranks 13th and South Africa ranks 14th of 119 countries.
Across the 4 decades both report, Nigeria averaged higher in 2 and South Africa in 2.
Head to head by decade
| Decade | Nigeria | South Africa | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 113.9% | 28.8% | 85.1% | Nigeria |
| 2000s | 9.6% | 25.5% | 15.9% | South Africa |
| 2010s | 18.5% | 33.6% | 15.1% | South Africa |
| 2020s | 35.0% | 31.0% | 4.0% | Nigeria |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher short-term debt, Nigeria or South Africa?
- Nigeria, at 36.2% against 33.8% in South Africa as of 2024.
- What is the difference in short-term debt between Nigeria and South Africa?
- 2.4%, with Nigeria ahead.
- How many years of comparable data are there for Nigeria and South Africa?
- 31 years are reported by both, from 1994 to 2024.
- How do Nigeria and South Africa rank globally for short-term debt?
- Nigeria ranks 13th and South Africa ranks 14th of 119 countries.
- Where does this data come from?
- International Debt Statistics, World Bank (WB), published as Short-term debt (% of exports of goods, services and primary income). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Short-term external debt is defined as debt that has an original maturity of one year or less. Available data permit no distinction between public and private nonguaranteed short-term debt. Exports of goods, services and primary income is the sum of goods (merchandise) exports, exports of (nonfactor) services and income (factor) receipts.