Nigeria NG: External Debt: INT: Interest Payments: Total data was reported at 665.870 USD mn in 2016. This records an increase from the previous number of 353.097 USD mn for 2015. Nigeria NG: External Debt: INT: Interest Payments: Total data is updated yearly, averaging 546.016 USD mn from Dec 1970 (Median) to 2016, with 47 observations. The data reached an all-time high of 4.944 USD bn in 2005 and a record low of 27.765 USD mn in 1970. Nigeria NG: External Debt: INT: Interest Payments: Total data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank: External Debt: Disbursements and Interest Payment. Interest payments are actual amounts of interest paid by the borrower in currency, goods, or services in the year specified. This item includes interest paid on long-term debt, IMF charges, and interest paid on short-term debt. Long-term external debt is defined as debt that has an original or extended maturity of more than one year and that is owed to nonresidents by residents of an economy and repayable in currency, goods, or services. Short-term external debt is defined as debt that has an original maturity of one year or less. Available data permit no distinction between public and private nonguaranteed short-term debt. Data are in current U.S. dollars.; ; World Bank, International Debt Statistics.; Sum;

In 2024, the ratio of national debt to gross domestic product (GDP) of Nigeria was 39.33 percent. Between 1990 and 2024, the figure dropped by 11.57 percentage points, though the decline followed an uneven course rather than a steady trajectory. The ratio is forecast to decline by 5.57 percentage points from 2024 to 2030, fluctuating as it trends downward.The general government gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. Here it is depicted in relation to the country's GDP, which refers to the total value of goods and services produced during a year.

Nigeria NG: External Debt: INT: Interest Payments: Short-Term data was reported at 0.000 USD mn in 2016. This stayed constant from the previous number of 0.000 USD mn for 2015. Nigeria NG: External Debt: INT: Interest Payments: Short-Term data is updated yearly, averaging 0.000 USD mn from Dec 1970 (Median) to 2016, with 47 observations. The data reached an all-time high of 700.000 USD mn in 1984 and a record low of 0.000 USD mn in 2016. Nigeria NG: External Debt: INT: Interest Payments: Short-Term data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank: External Debt: Disbursements and Interest Payment. Interest payments on short-term debt are actual amounts of interest paid by the borrower in currency, goods, or services in the year specified. This item includes interest paid on long-term debt, IMF charges, and interest paid on short-term debt. Short-term external debt is defined as debt that has an original maturity of one year or less. Available data permit no distinction between public and private nonguaranteed short-term debt. Data are in current U.S. dollars.; ; World Bank, International Debt Statistics.; Sum;

Nigeria NG: External Debt: INT: IMF Charges data was reported at 1.967 USD mn in 2016. This records an increase from the previous number of 1.174 USD mn for 2015. Nigeria NG: External Debt: INT: IMF Charges data is updated yearly, averaging 0.000 USD mn from Dec 1970 (Median) to 2016, with 47 observations. The data reached an all-time high of 9.622 USD mn in 2006 and a record low of 0.000 USD mn in 1998. Nigeria NG: External Debt: INT: IMF Charges data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank: External Debt: Disbursements and Interest Payment. IMF charges cover interest payments with respect to all uses of IMF resources, excluding those resulting from drawings in the reserve tranche. Data are in current U.S. dollars.; ; World Bank, International Debt Statistics.; Sum;

Nigeria NG: External Debt: DIS: Disbursements: Long-Term and IMF data was reported at 11.168 USD bn in 2017. This records an increase from the previous number of 4.432 USD bn for 2016. Nigeria NG: External Debt: DIS: Disbursements: Long-Term and IMF data is updated yearly, averaging 949.548 USD mn from Dec 1970 (Median) to 2017, with 48 observations. The data reached an all-time high of 11.168 USD bn in 2017 and a record low of 81.091 USD mn in 1970. Nigeria NG: External Debt: DIS: Disbursements: Long-Term and IMF data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank.WDI: External Debt: Disbursements and Interest Payment. Disbursements are drawings by the borrower on loan commitments during the year specified. This item includes disbursements on long-term debt and IMF purchases. Long-term external debt is defined as debt that has an original or extended maturity of more than one year and that is owed to nonresidents by residents of an economy and repayable in currency, goods, or services. IMF purchases are total drawings on the General Resources Account of the IMF during the year specified, excluding drawings in the reserve tranche. To maintain comparability between data on transactions with the IMF and data on long-term debt, use of IMF credit outstanding at the end of year (stock) is converted to dollars at the SDR exchange rate in effect at the end of year. Purchases are converted at the average SDR exchange rate for the year in which transactions take place. Data are in current U.S. dollars.; ; World Bank, International Debt Statistics.; Sum;

Nigeria NG: External Debt: INT: PPG: Official Creditors data was reported at 141.918 USD mn in 2017. This records an increase from the previous number of 134.855 USD mn for 2016. Nigeria NG: External Debt: INT: PPG: Official Creditors data is updated yearly, averaging 122.176 USD mn from Dec 1970 (Median) to 2017, with 48 observations. The data reached an all-time high of 4.717 USD bn in 2005 and a record low of 15.935 USD mn in 1970. Nigeria NG: External Debt: INT: PPG: Official Creditors data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank: External Debt: Disbursements and Interest Payment. Public and publicly guaranteed debt from official creditors includes loans from international organizations (multilateral loans) and loans from governments (bilateral loans). Loans from international organization include loans and credits from the World Bank, regional development banks, and other multilateral and intergovernmental agencies. Excluded are loans from funds administered by an international organization on behalf of a single donor government; these are classified as loans from governments. Government loans include loans from governments and their agencies (including central banks), loans from autonomous bodies, and direct loans from official export credit agencies. Interest payments are actual amounts of interest paid by the borrower in currency, goods, or services in the year specified. Data are in current U.S. dollars.; ; World Bank, International Debt Statistics.; Sum;

This publication explains effect of indebtedness on countries and the effect it has on loan repayment. The causes of Nigeria debt dated back to 1958, where the funds were borrowed for infrastructural development purposes. There was no flexible payment plan arranged that could be sustainable

The International Bank for Reconstruction and Development (IBRD) loans are public and publicly guaranteed debt extended by the World Bank Group. IBRD loans are made to, or guaranteed by, countries that are members of IBRD. IBRD may also make loans to IFC. IBRD lends at market rates. Data are in U.S. dollars calculated using historical rates. This dataset contains the latest available snapshot of the Statement of Loans. The World Bank complies with all sanctions applicable to World Bank transactions.

Nigeria NG: External Debt: INT: PPG: Official Creditors: Multilateral: Concessional data was reported at 63.596 USD mn in 2016. This records an increase from the previous number of 54.022 USD mn for 2015. Nigeria NG: External Debt: INT: PPG: Official Creditors: Multilateral: Concessional data is updated yearly, averaging 1.561 USD mn from Dec 1970 (Median) to 2016, with 47 observations. The data reached an all-time high of 63.596 USD mn in 2016 and a record low of 0.107 USD mn in 1970. Nigeria NG: External Debt: INT: PPG: Official Creditors: Multilateral: Concessional data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank: External Debt: Disbursements and Interest Payment. Public and publicly guaranteed multilateral loans include loans and credits from the World Bank, regional development banks, and other multilateral and intergovernmental agencies. Excluded are loans from funds administered by an international organization on behalf of a single donor government; these are classified as loans from governments. Concessional debt is defined as loans with an original grant element of 25 percent or more. The grant element of a loan is the grant equivalent expressed as a percentage of the amount committed. It is used as a measure of the overall cost of borrowing. The grant equivalent of a loan is its commitment (present) value, less the discounted present value of its contractual debt service; conventionally, future service payments are discounted at 10 percent. Interest payments are actual amounts of interest paid by the borrower in currency, goods, or services in the year specified. Data are in current U.S. dollars.; ; World Bank, International Debt Statistics.; Sum;

Key information about Nigeria External Debt

• Nigeria External Debt reached 47.0 USD bn in Jun 2025, compared with 46.0 USD bn in the previous quarter.
• Nigeria External Debt: USD mn data is updated quarterly, available from Dec 2006 to Jun 2025.
• The data reached an all-time high of 47.0 USD bn in Jun 2025 and a record low of 3.3 USD bn in Mar 2007.

• In the latest reports of Nigeria, Current Account recorded a surplus of 3.7 USD bn in Mar 2025.
• Foreign Direct Investment (FDI) increased by 246.9 USD mn in Mar 2025.
• Nigeria Direct Investment Abroad fell by 551.1 USD mn in Mar 2025.
• Its Foreign Portfolio Investment fell by 5.0 USD bn in Mar 2025.
• The country's Nominal GDP was reported at 63.8 USD bn in Jun 2025.

There are over one million economic time series specifically focused on Africa in the most extensive African economic dataset available today. Our datasets consist of a blend of data sourced nationally from National Statistical Offices, Central Banks, and other national institutions, alongside international data from the IMF, World Bank, and other global organizations.

The yield on Nigeria 10Y Bond Yield held steady at 15.30% on November 28, 2025. Over the past month, the yield has fallen by 0.28 points and is 5.92 points lower than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. Nigeria 10-Year Government Bond Yield - values, historical data, forecasts and news - updated on December of 2025.

Nigeria NG: External Debt: INT: PPG: Official Creditors: Bilateral data was reported at 60.193 USD mn in 2017. This records an increase from the previous number of 51.028 USD mn for 2016. Nigeria NG: External Debt: INT: PPG: Official Creditors: Bilateral data is updated yearly, averaging 24.848 USD mn from Dec 1970 (Median) to 2017, with 48 observations. The data reached an all-time high of 4.620 USD bn in 2005 and a record low of 0.000 USD mn in 1995. Nigeria NG: External Debt: INT: PPG: Official Creditors: Bilateral data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank: External Debt: Disbursements and Interest Payment. Bilateral debt includes loans from governments and their agencies (including central banks), loans from autonomous bodies, and direct loans from official export credit agencies. Interest payments are actual amounts of interest paid by the borrower in currency, goods, or services in the year specified. Data are in current U.S. dollars.; ; World Bank, International Debt Statistics.; Sum;

Nigeria NG: External Debt: INT: Interest Payments: Public and Publicly Guaranteed data was reported at 198.605 USD mn in 2016. This records an increase from the previous number of 158.247 USD mn for 2015. Nigeria NG: External Debt: INT: Interest Payments: Public and Publicly Guaranteed data is updated yearly, averaging 409.290 USD mn from Dec 1970 (Median) to 2016, with 47 observations. The data reached an all-time high of 4.937 USD bn in 2005 and a record low of 19.965 USD mn in 1970. Nigeria NG: External Debt: INT: Interest Payments: Public and Publicly Guaranteed data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank: External Debt: Disbursements and Interest Payment. Public and publicly guaranteed long-term debt are aggregated. Public debt is an external obligation of a public debtor, including the national government, a political subdivision (or an agency of either), and autonomous public bodies. Publicly guaranteed debt is an external obligation of a private debtor that is guaranteed for repayment by a public entity. Interest payments are actual amounts of interest paid by the borrower in currency, goods, or services in the year specified. Long-term external debt is defined as debt that has an original or extended maturity of more than one year and that is owed to nonresidents by residents of an economy and repayable in currency, goods, or services. Data are in current U.S. dollars.; ; World Bank, International Debt Statistics.; Sum;

Nigeria NG: External Debt: DIS: PPG: Official Creditors: Bilateral data was reported at 380.170 USD mn in 2017. This records a decrease from the previous number of 498.871 USD mn for 2016. Nigeria NG: External Debt: DIS: PPG: Official Creditors: Bilateral data is updated yearly, averaging 49.104 USD mn from Dec 1970 (Median) to 2017, with 48 observations. The data reached an all-time high of 578.449 USD mn in 1983 and a record low of 0.000 USD mn in 2009. Nigeria NG: External Debt: DIS: PPG: Official Creditors: Bilateral data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank.WDI: External Debt: Disbursements and Interest Payment. Bilateral debt includes loans from governments and their agencies (including central banks), loans from autonomous bodies, and direct loans from official export credit agencies. Disbursements are drawings by the borrower on loan commitments during the year specified. Data are in current U.S. dollars.; ; World Bank, International Debt Statistics.; Sum;

Nigeria NG: External Debt: DIS: PPG: Official Creditors data was reported at 2.184 USD bn in 2017. This records an increase from the previous number of 1.350 USD bn for 2016. Nigeria NG: External Debt: DIS: PPG: Official Creditors data is updated yearly, averaging 381.293 USD mn from Dec 1970 (Median) to 2017, with 48 observations. The data reached an all-time high of 2.184 USD bn in 2017 and a record low of 45.029 USD mn in 1970. Nigeria NG: External Debt: DIS: PPG: Official Creditors data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank.WDI: External Debt: Disbursements and Interest Payment. Public and publicly guaranteed debt from official creditors includes loans from international organizations (multilateral loans) and loans from governments (bilateral loans). Loans from international organization include loans and credits from the World Bank, regional development banks, and other multilateral and intergovernmental agencies. Excluded are loans from funds administered by an international organization on behalf of a single donor government; these are classified as loans from governments. Government loans include loans from governments and their agencies (including central banks), loans from autonomous bodies, and direct loans from official export credit agencies. Disbursements are drawings by the borrower on loan commitments during the year specified. Data are in current U.S. dollars.; ; World Bank, International Debt Statistics.; Sum;

Nigeria NG: External Debt: Debt Service: % of Exports data was reported at 0.927 % in 2016. This records an increase from the previous number of 0.510 % for 2015. Nigeria NG: External Debt: Debt Service: % of Exports data is updated yearly, averaging 8.291 % from Dec 1977 (Median) to 2016, with 40 observations. The data reached an all-time high of 30.990 % in 1986 and a record low of 0.254 % in 2012. Nigeria NG: External Debt: Debt Service: % of Exports data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank: External Debt: Debt Outstanding, Debt Ratio and Debt Service. Debt service (PPG and IMF only, % of exports of goods, services and primary income); ; Debt service is the sum of principle repayments and interest actually paid in currency, goods, or services. This series differs from the standard debt to exports series. It covers only long-term public and publicly guaranteed debt and repayments (repurchases and charges) to the IMF. Exports of goods and services include primary income, but do not include workers' remittances.; Weighted average;

Nigeria NG: External Debt: DIS: PPG: Official Creditors: Multilateral: Concessional data was reported at 850.213 USD mn in 2016. This records a decrease from the previous number of 912.328 USD mn for 2015. Nigeria NG: External Debt: DIS: PPG: Official Creditors: Multilateral: Concessional data is updated yearly, averaging 35.969 USD mn from Dec 1970 (Median) to 2016, with 47 observations. The data reached an all-time high of 1.037 USD bn in 2010 and a record low of 0.000 USD mn in 1989. Nigeria NG: External Debt: DIS: PPG: Official Creditors: Multilateral: Concessional data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank: External Debt: Disbursements and Interest Payment. Public and publicly guaranteed multilateral loans include loans and credits from the World Bank, regional development banks, and other multilateral and intergovernmental agencies. Excluded are loans from funds administered by an international organization on behalf of a single donor government; these are classified as loans from governments. Concessional debt is defined as loans with an original grant element of 25 percent or more. The grant element of a loan is the grant equivalent expressed as a percentage of the amount committed. It is used as a measure of the overall cost of borrowing. The grant equivalent of a loan is its commitment (present) value, less the discounted present value of its contractual debt service; conventionally, future service payments are discounted at 10 percent. Disbursements are drawings by the borrower on loan commitments during the year specified. Data are in current U.S. dollars.; ; World Bank, International Debt Statistics.; Sum;

Nigeria NG: External Debt: DIS: Public and Publicly Guaranteed (PPG): The International Bank for Reconstruction and Development (IBRD) data was reported at 0.807 USD mn in 2016. This records a decrease from the previous number of 6.818 USD mn for 2015. Nigeria NG: External Debt: DIS: Public and Publicly Guaranteed (PPG): The International Bank for Reconstruction and Development (IBRD) data is updated yearly, averaging 51.434 USD mn from Dec 1970 (Median) to 2016, with 47 observations. The data reached an all-time high of 523.530 USD mn in 1986 and a record low of 0.000 USD mn in 2014. Nigeria NG: External Debt: DIS: Public and Publicly Guaranteed (PPG): The International Bank for Reconstruction and Development (IBRD) data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank: External Debt: Disbursements and Interest Payment. Public and publicly guaranteed debt outstanding from the International Bank for Reconstruction and Development (IBRD) is nonconcessional. Nonconcessional debt excludes loans with an original grant element of 25 percent or more. Disbursements are drawings by the borrower on loan commitments during the year specified. Data are in current U.S. dollars.; ; World Bank, International Debt Statistics.; Sum;

Nigeria NG: External Debt: INT: PPG: Official Creditors: Multilateral data was reported at 81.725 USD mn in 2017. This records a decrease from the previous number of 83.827 USD mn for 2016. Nigeria NG: External Debt: INT: PPG: Official Creditors: Multilateral data is updated yearly, averaging 78.404 USD mn from Dec 1970 (Median) to 2017, with 48 observations. The data reached an all-time high of 354.506 USD mn in 1991 and a record low of 8.966 USD mn in 1970. Nigeria NG: External Debt: INT: PPG: Official Creditors: Multilateral data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank: External Debt: Disbursements and Interest Payment. Public and publicly guaranteed multilateral loans include loans and credits from the World Bank, regional development banks, and other multilateral and intergovernmental agencies. Excluded are loans from funds administered by an international organization on behalf of a single donor government; these are classified as loans from governments. Interest payments are actual amounts of interest paid by the borrower in currency, goods, or services in the year specified. Data are in current U.S. dollars.; ; World Bank, International Debt Statistics.; Sum;