Nigeria vs Turkey: Short-term debt
Short-term debt over time
- Nigeria
- Turkey
How they compare
Turkey currently reports 46.4% against 36.2% in Nigeria, a difference of 10.2%.
That makes Turkey's figure about 1.3 times Nigeria's.
The two have swapped places 6 times across 48 shared years of data; in 1977 it was Turkey ahead.
Nigeria ranks 13th and Turkey ranks 10th of 119 countries.
Across the 6 decades both report, Nigeria averaged higher in 1 and Turkey in 5.
Head to head by decade
| Decade | Nigeria | Turkey | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 16.7% | 214.2% | 197.5% | Turkey |
| 1980s | 30.0% | 40.7% | 10.7% | Turkey |
| 1990s | 75.3% | 43.7% | 31.6% | Nigeria |
| 2000s | 9.6% | 37.6% | 27.9% | Turkey |
| 2010s | 18.5% | 49.2% | 30.8% | Turkey |
| 2020s | 35.0% | 45.8% | 10.8% | Turkey |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher short-term debt, Nigeria or Turkey?
- Turkey, at 46.4% against 36.2% in Nigeria as of 2024.
- What is the difference in short-term debt between Nigeria and Turkey?
- 10.2%, with Turkey ahead.
- How many years of comparable data are there for Nigeria and Turkey?
- 48 years are reported by both, from 1977 to 2024.
- How do Nigeria and Turkey rank globally for short-term debt?
- Nigeria ranks 13th and Turkey ranks 10th 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.