NATIONAL PUBLIC DEBT Nigeria 2024

National debt fell in Nigeria

In 2024 Nigeria public debt was 91,642 million euros99,162 million dollars, has decreased 72,08277,919 million since 2023.

This amount means that the debt in 2024 reached 39.33% of Nigeria GDP, a 2.99 percentage point rise from 2023, when it was 36.34% of GDP.

If we check the tables we can see the evolution of Nigeria debt. It has risen since 2014 in global debt terms, when it was 78,697 million euros 104,577 million dollars and also in terms of GDP percentage, when it amounted to 12.89%.

According to the last data point published, Nigeria per capita debt in 2024 was 402 euros435 dollars per inhabitant. In 2023 it was 718 euros 777 dollars, afterwards dropping by 316 euros 342dollars, and if we again check 2014 we can see that then the debt per person was 423 euros563 dollars .

The position of Nigeria, as compared with the rest of the world, has worsened in 2024 in terms of GDP percentage. Currently it is country number 56 in the list of debt to GDP and 18 in debt per capita, out of the 192 we publish.

In this page we show you the progression of the public debt in Nigeria. You can see debt in other countries in Public debt and see all the information about Nigeria in economy of Nigeria.

Nigeria: Evolution of debt
DateDebt (M.€.)Debt ($M)Debt (%GDP)Debt Per CapitaDebt Per Capita
202491,64299,16239.33%€402$435
2023163,724177,08136.34%€718$777
2022182,811192,66029.84%€819$863
2021137,103162,26526.62%€627$743
2020134,943154,00825.72%€631$720
2019127,963143,26721.44%€611$684
2018102,430121,02020.38%€500$591
201784,36795,27418.01%€421$476
201689,55899,10517.38%€458$507
201593,656103,92414.93%€491$545
201478,697104,57712.89%€423$563
201371,86495,44512.99%€397$527
201263,87082,11112.48%€362$466
201152,59773,19912.38%€307$427
201026,48435,1396.67%€159$211
200918,70726,0636.12%€116$161
200816,59424,4025.17%€105$155
200715,77121,6175.76%€103$141
200616,68620,9526.68%€112$141
200525,81332,13113.45%€179$223
200437,20446,25725.20%€265$330
200338,30743,32129.89%€281$318
200243,03340,66230.72%€325$307
200143,35338,82937.71%€337$302
200042,27939,06740.90%€339$313
199934,98637,32446.11%€288$308
199846,68515.81%$396
199745,34417.14%$396
199643,52817.90%$391
199545,01024.17%$416
199444,78939.69%$426
199340,34750.44%$395
199236,67849.83%$370
199145,07553.23%$468
199044,56150.90%$476
Nigeria: Evolution of debt as a percentage of GDP

Nigeria: Evolution of debt in millions