Which has higher short-term debt, Nigeria or Sub-Saharan Africa?

Nigeria, at 36.2% against 22.0% in Sub-Saharan Africa as of 2024.

How many years of comparable data are there for Nigeria and Sub-Saharan Africa?

31 years are reported by both, from 1994 to 2024.

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.

Nigeria vs Sub-Saharan Africa: Short-term debt

Nigeria

36.2%

in 2024

Sub-Saharan Africa

22.0%

in 2024

Nigeria rank

13th

Sub-Saharan Africa rank

13th

Short-term debt over time

Nigeria
Sub-Saharan Africa

How they compare

Nigeria currently reports 36.2% against 22.0% in Sub-Saharan Africa, a difference of 14.2%.

That makes Nigeria's figure about 1.6 times Sub-Saharan 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 Sub-Saharan Africa ranks 13th of 119 countries.

Across the 4 decades both report, Nigeria averaged higher in 2 and Sub-Saharan Africa in 2.

Head to head by decade

Decade	Nigeria	Sub-Saharan Africa	Difference	Ahead
1990s	113.9%	39.5%	74.4%	Nigeria
2000s	9.6%	19.5%	9.8%	Sub-Saharan Africa
2010s	18.5%	21.0%	2.5%	Sub-Saharan Africa
2020s	35.0%	23.5%	11.5%	Nigeria

Averages of every year both report within each decade.

Frequently asked questions

Which has higher short-term debt, Nigeria or Sub-Saharan Africa?: Nigeria, at 36.2% against 22.0% in Sub-Saharan Africa as of 2024.
What is the difference in short-term debt between Nigeria and Sub-Saharan Africa?: 14.2%, with Nigeria ahead.
How many years of comparable data are there for Nigeria and Sub-Saharan Africa?: 31 years are reported by both, from 1994 to 2024.
How do Nigeria and Sub-Saharan Africa rank globally for short-term debt?: Nigeria ranks 13th and Sub-Saharan Africa ranks 13th 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.

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Nigeria vs Sub-Saharan Africa: Short-term debt. Statizoid, drawing on International Debt Statistics, World Bank (WB). Retrieved 18 September 2026, from https://economy.statizoid.com/compare/short-term-debt-percent-of-exports-of-goods-services-and-primary-income/nigeria/sub-saharan-africa/

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About this data

Indicator: Short-term debt (% of exports of goods, services and primary income)
Unit: % of exports of goods, services and primary income
Source: International Debt Statistics, World Bank (WB)
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 151 places, 5,838 data points, 1970–2024
Last refreshed: 17 September 2026

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.