External debt stocks, total in Nigeria
Nigeria: External debt stocks, total was 108.76 billion DOD, current US$ in 2024. ◆ Volatile
External debt stocks, total in Nigeria, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in DOD, current US$.
Analysis
Nigeria recorded 108.76 billion DOD, current US$ for external debt stocks, total in 2024. That is the highest value across all 55 years on record.
That represents a change of up 6.1% on the previous year and up 133.0% over ten years.
Over the whole period, external debt stocks, total in Nigeria peaked at 108.76 billion DOD, current US$ in 2024 and was at its lowest, 836.68 million DOD, current US$, in 1970.
Nigeria ranks 18th of 120 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.40 billion DOD, current US$ | 836.68 million DOD, current US$ | 6.24 billion DOD, current US$ | 10 |
| 1980s | 19.74 billion DOD, current US$ | 8.94 billion DOD, current US$ | 30.12 billion DOD, current US$ | 10 |
| 1990s | 31.32 billion DOD, current US$ | 28.47 billion DOD, current US$ | 34.09 billion DOD, current US$ | 10 |
| 2000s | 30.68 billion DOD, current US$ | 17.49 billion DOD, current US$ | 45.91 billion DOD, current US$ | 10 |
| 2010s | 49.65 billion DOD, current US$ | 29.15 billion DOD, current US$ | 81.34 billion DOD, current US$ | 10 |
| 2020s | 99.63 billion DOD, current US$ | 87.59 billion DOD, current US$ | 108.76 billion DOD, current US$ | 5 |
Countries ranked near Nigeria
- 15 Philippines 137.02 billion DOD, current US$ compare
- 16 Vietnam 132.91 billion DOD, current US$ compare
- 17 Pakistan 129.72 billion DOD, current US$ compare
- 19 Bangladesh 104.49 billion DOD, current US$ compare
- 20 Peru 93.27 billion DOD, current US$ compare
- 21 Uzbekistan 70.26 billion DOD, current US$ compare
More economy & growth data for Nigeria
- Inflation of consumer prices 23.0% (2025)
- GDP per capita 2,369 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 8.3% (2025)
- Gross domestic product (GDP) 562.59 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 2,369 constant 2015 US$ (2025)
- DEC alternative conversion factor 1,518 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 35.23 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 23.20 billion current US$ (2025)
- Taxes less subsidies on products 10.36 trillion current LCU (2025)
- Taxes less subsidies on products 6.82 billion current US$ (2025)
Frequently asked questions
- What is external debt stocks, total in Nigeria?
- External debt stocks, total in Nigeria was 108.76 billion DOD, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest external debt stocks, total recorded in Nigeria?
- The highest recorded value was 108.76 billion DOD, current US$ in 2024.
- What is the lowest external debt stocks, total recorded in Nigeria?
- The lowest recorded value was 836.68 million DOD, current US$ in 1970.
- How does Nigeria rank for external debt stocks, total?
- Nigeria ranks 18th out of 120 countries with data for 2024.
- Is external debt stocks, total rising or falling in Nigeria?
- Over the last ten years it is up 133.0%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of External debt stocks, total (DOD, current US$). Statizoid updates them automatically from the source API.
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About this data
Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt. Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Data are in current U.S. dollars.