Lower middle income vs Nigeria: Short-term debt
Lower middle income
29.4%
in 2024
Nigeria
55.0%
in 2024
Lower middle income rank
26th
Nigeria rank
28th
Short-term debt over time
- Lower middle income
- Nigeria
How they compare
Nigeria currently reports 55.0% against 29.4% in Lower middle income, a difference of 25.6%.
That makes Nigeria's figure about 1.9 times Lower middle income's.
The two have swapped places 10 times across 43 shared years of data; in 1978 it was Nigeria ahead.
Lower middle income ranks 26th and Nigeria ranks 28th of 32 groups.
Nigeria has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Lower middle income | Nigeria | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 48.4% | 79.6% | 31.3% | Nigeria |
| 1980s | 87.5% | 121.8% | 34.3% | Nigeria |
| 1990s | 53.5% | 150.7% | 97.2% | Nigeria |
| 2000s | 17.3% | 20.2% | 2.9% | Nigeria |
| 2010s | 25.1% | 34.9% | 9.8% | Nigeria |
| 2020s | 27.3% | 52.2% | 24.9% | Nigeria |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher short-term debt, Lower middle income or Nigeria?
- Nigeria, at 55.0% against 29.4% in Lower middle income as of 2024.
- What is the difference in short-term debt between Lower middle income and Nigeria?
- 25.6%, with Nigeria ahead.
- How many years of comparable data are there for Lower middle income and Nigeria?
- 43 years are reported by both, from 1978 to 2024.
- How do Lower middle income and Nigeria rank globally for short-term debt?
- Lower middle income ranks 26th 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.