Least developed countries vs Nigeria: Short-term debt
Least developed countries
29.4%
in 2024
Nigeria
55.0%
in 2024
Least developed countries rank
27th
Nigeria rank
28th
Short-term debt over time
- Least developed countries
- Nigeria
How they compare
Nigeria currently reports 55.0% against 29.4% in Least developed countries, a difference of 25.6%.
That makes Nigeria's figure about 1.9 times Least developed countries's.
The two have swapped places 10 times across 54 shared years of data; in 1970 it was Nigeria ahead.
Least developed countries ranks 27th and Nigeria ranks 28th of 32 groups.
Across the 6 decades both report, Least developed countries averaged higher in 4 and Nigeria in 2.
Head to head by decade
| Decade | Least developed countries | Nigeria | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 86.8% | 60.0% | 26.8% | Least developed countries |
| 1980s | 242.3% | 184.8% | 57.5% | Least developed countries |
| 1990s | 191.1% | 150.7% | 40.5% | Least developed countries |
| 2000s | 63.3% | 20.2% | 43.1% | Least developed countries |
| 2010s | 24.6% | 34.9% | 10.3% | Nigeria |
| 2020s | 28.1% | 52.2% | 24.1% | Nigeria |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher short-term debt, Least developed countries or Nigeria?
- Nigeria, at 55.0% against 29.4% in Least developed countries as of 2024.
- What is the difference in short-term debt between Least developed countries and Nigeria?
- 25.6%, with Nigeria ahead.
- How many years of comparable data are there for Least developed countries and Nigeria?
- 54 years are reported by both, from 1970 to 2024.
- How do Least developed countries and Nigeria rank globally for short-term debt?
- Least developed countries ranks 27th and Nigeria ranks 28th of 32 groups.
- Where does this data come from?
- World Development Indicators, World Bank (WB), published as Short-term debt (% of total reserves). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Total reserves includes gold.