External debt stocks, total (DOD, current US$), per square kilometre in Nigeria
Nigeria: External debt stocks, total (DOD, current US$), per square kilometre was 112,512 DOD, current US$ per square kilometre in 2023. ◆ Volatile
External debt stocks, total (DOD, current US$), per square kilometre in Nigeria, 1970–2023
Source: Statizoid (derived). Measured in DOD, current US$ per square kilometre.
Analysis
In 2023, external debt stocks, total (dod, current us$), per square kilometre in Nigeria stood at 112,512 DOD, current US$ per square kilometre.
That represents a change of down 0.6% on the previous year and up 140.5% over ten years.
Over the whole period, external debt stocks, total (dod, current us$), per square kilometre in Nigeria peaked at 113,161 DOD, current US$ per square kilometre in 2022 and was at its lowest, 918.65 DOD, current US$ per square kilometre, in 1970.
That places Nigeria 59th out of 120 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
External debt stocks, total (DOD, current US$), per square kilometre in Nigeria, year by year
| Year | DOD, current US$ per square kilometre | Change |
|---|---|---|
| 1970 | 918.65 DOD, current US$ per square kilometre | — |
| 1971 | 1,054 DOD, current US$ per square kilometre | +14.8% |
| 1972 | 1,188 DOD, current US$ per square kilometre | +12.6% |
| 1973 | 1,953 DOD, current US$ per square kilometre | +64.5% |
| 1974 | 2,065 DOD, current US$ per square kilometre | +5.7% |
| 1975 | 1,852 DOD, current US$ per square kilometre | -10.3% |
| 1976 | 1,469 DOD, current US$ per square kilometre | -20.7% |
| 1977 | 3,455 DOD, current US$ per square kilometre | +135.2% |
| 1978 | 5,590 DOD, current US$ per square kilometre | +61.8% |
| 1979 | 6,856 DOD, current US$ per square kilometre | +22.7% |
| 1980 | 9,814 DOD, current US$ per square kilometre | +43.1% |
| 1981 | 12,567 DOD, current US$ per square kilometre | +28.1% |
| 1982 | 13,167 DOD, current US$ per square kilometre | +4.8% |
| 1983 | 19,299 DOD, current US$ per square kilometre | +46.6% |
| 1984 | 19,526 DOD, current US$ per square kilometre | +1.2% |
| 1985 | 20,483 DOD, current US$ per square kilometre | +4.9% |
| 1986 | 24,392 DOD, current US$ per square kilometre | +19.1% |
| 1987 | 31,868 DOD, current US$ per square kilometre | +30.6% |
| 1988 | 32,526 DOD, current US$ per square kilometre | +2.1% |
| 1989 | 33,073 DOD, current US$ per square kilometre | +1.7% |
| 1990 | 36,736 DOD, current US$ per square kilometre | +11.1% |
| 1991 | 36,812 DOD, current US$ per square kilometre | +0.2% |
| 1992 | 31,862 DOD, current US$ per square kilometre | -13.4% |
| 1993 | 33,707 DOD, current US$ per square kilometre | +5.8% |
| 1994 | 36,334 DOD, current US$ per square kilometre | +7.8% |
| 1995 | 37,435 DOD, current US$ per square kilometre | +3.0% |
| 1996 | 34,493 DOD, current US$ per square kilometre | -7.9% |
| 1997 | 31,256 DOD, current US$ per square kilometre | -9.4% |
| 1998 | 33,284 DOD, current US$ per square kilometre | +6.5% |
| 1999 | 31,946 DOD, current US$ per square kilometre | -4.0% |
| 2000 | 36,798 DOD, current US$ per square kilometre | +15.2% |
| 2001 | 38,403 DOD, current US$ per square kilometre | +4.4% |
| 2002 | 40,383 DOD, current US$ per square kilometre | +5.2% |
| 2003 | 45,958 DOD, current US$ per square kilometre | +13.8% |
| 2004 | 50,409 DOD, current US$ per square kilometre | +9.7% |
| 2005 | 36,952 DOD, current US$ per square kilometre | -26.7% |
| 2006 | 19,205 DOD, current US$ per square kilometre | -48.0% |
| 2007 | 21,393 DOD, current US$ per square kilometre | +11.4% |
| 2008 | 22,420 DOD, current US$ per square kilometre | +4.8% |
| 2009 | 24,978 DOD, current US$ per square kilometre | +11.4% |
| 2010 | 32,005 DOD, current US$ per square kilometre | +28.1% |
| 2011 | 37,473 DOD, current US$ per square kilometre | +17.1% |
| 2012 | 43,131 DOD, current US$ per square kilometre | +15.1% |
| 2013 | 46,778 DOD, current US$ per square kilometre | +8.5% |
| 2014 | 51,245 DOD, current US$ per square kilometre | +9.5% |
| 2015 | 49,436 DOD, current US$ per square kilometre | -3.5% |
| 2016 | 48,021 DOD, current US$ per square kilometre | -2.9% |
| 2017 | 71,525 DOD, current US$ per square kilometre | +48.9% |
| 2018 | 76,244 DOD, current US$ per square kilometre | +6.6% |
| 2019 | 89,312 DOD, current US$ per square kilometre | +17.1% |
| 2020 | 96,173 DOD, current US$ per square kilometre | +7.7% |
| 2021 | 105,685 DOD, current US$ per square kilometre | +9.9% |
| 2022 | 113,161 DOD, current US$ per square kilometre | +7.1% |
| 2023 | 112,512 DOD, current US$ per square kilometre | -0.6% |
Nigeria compared with similar countries
- Nigeria's 112,512 DOD, current US$ per square kilometre is above the median for lower middle income countries, which is 78,234 DOD, current US$ per square kilometre, 1.4× the median. (43 countries reporting)
- Nigeria's 112,512 DOD, current US$ per square kilometre is above the median for Sub-Saharan Africa, which is 39,079 DOD, current US$ per square kilometre, 2.9× the median. (44 countries reporting)
Biggest year-on-year movements
Years where External debt stocks, total (DOD, current US$), per square kilometre in Nigeria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1977 | +135.2% | 1,469 DOD, current US$ per square kilometre | 3,455 DOD, current US$ per square kilometre |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2,640 DOD, current US$ per square kilometre | 918.65 DOD, current US$ per square kilometre | 6,856 DOD, current US$ per square kilometre | 10 |
| 1980s | 21,672 DOD, current US$ per square kilometre | 9,814 DOD, current US$ per square kilometre | 33,073 DOD, current US$ per square kilometre | 10 |
| 1990s | 34,386 DOD, current US$ per square kilometre | 31,256 DOD, current US$ per square kilometre | 37,435 DOD, current US$ per square kilometre | 10 |
| 2000s | 33,690 DOD, current US$ per square kilometre | 19,205 DOD, current US$ per square kilometre | 50,409 DOD, current US$ per square kilometre | 10 |
| 2010s | 54,517 DOD, current US$ per square kilometre | 32,005 DOD, current US$ per square kilometre | 89,312 DOD, current US$ per square kilometre | 10 |
| 2020s | 106,883 DOD, current US$ per square kilometre | 96,173 DOD, current US$ per square kilometre | 113,161 DOD, current US$ per square kilometre | 4 |
Countries ranked near Nigeria
- 56 Honduras 115,685 DOD, current US$ per square kilometre compare
- 57 Haiti 114,533 DOD, current US$ per square kilometre compare
- 58 Cote d'Ivoire 114,326 DOD, current US$ per square kilometre compare
- 60 Benin 111,212 DOD, current US$ per square kilometre compare
- 61 Uganda 101,161 DOD, current US$ per square kilometre compare
- 62 Argentina 92,372 DOD, current US$ per square kilometre compare
More economy & growth data for Nigeria
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.04 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.32 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 3.99 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0148 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 18.13 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.9704 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0108 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 13.24 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -17.26 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0107 units per US$ of GDP (2025)
Frequently asked questions
- What is external debt stocks, total (dod, current us$), per square kilometre in Nigeria?
- External debt stocks, total (dod, current us$), per square kilometre in Nigeria was 112,512 DOD, current US$ per square kilometre in 2023, according to Statizoid (derived).
- What is the highest external debt stocks, total (dod, current us$), per square kilometre recorded in Nigeria?
- The highest recorded value was 113,161 DOD, current US$ per square kilometre in 2022.
- What is the lowest external debt stocks, total (dod, current us$), per square kilometre recorded in Nigeria?
- The lowest recorded value was 918.65 DOD, current US$ per square kilometre in 1970.
- How does Nigeria rank for external debt stocks, total (dod, current us$), per square kilometre?
- Nigeria ranks 59th out of 120 countries with data for 2023.
- Is external debt stocks, total (dod, current us$), per square kilometre rising or falling in Nigeria?
- Over the last ten years it is up 140.5%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from Statizoid (derived), published as part of External debt stocks, total (DOD, current US$), per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
External debt stocks, total (DOD, current US$) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
External debt stocks, total (DOD, current US$) ÷ Land area (sq. km)
Computed from
- External debt stocks, total International Debt Statistics, World Bank (WB)
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
External debt stocks, total (DOD, current US$) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.