Nigeria Government Debt Over Time (1990–2027)

Global Statistics and Country Indicators

Government Gross Debt (% of GDP)

Global rank: 142 / 186

Data table

1990	50.9%	2000	40.9%	2010	6.7%	2019	21.4%
1991	53.2%	2001	37.7%	2011	12.4%	2020	25.7%
1992	49.8%	2002	30.7%	2012	12.5%	2021	26.6%
1993	50.4%	2003	29.9%	2013	13%	2022	29.8%
1994	39.7%	2004	25.2%	2014	15.8%	2023	36.3%
1995	24.2%	2005	13.5%	2015	14.9%	2024	39.3%
1996	17.9%	2006	6.7%	2016	17.4%	2025	36.1%
1997	17.1%	2007	5.8%	2017	18%	2026	34.6%
1998	15.8%	2008	5.2%	2018	20.4%	2027	32.8%
1999	46.1%	2009	6.1%

Government Gross Debt (Local currency - NGN)

Data table

1990	358.2B	2000	3.97T	2010	5.21T	2019	43.97T
1991	446.8B	2001	4.32T	2011	11.11T	2020	54.95T
1992	638.4B	2002	4.9T	2012	12.76T	2021	64.78T
1993	894.2B	2003	5.6T	2013	14.82T	2022	81.83T
1994	985.4B	2004	6.15T	2014	20.01T	2023	114.1T
1995	985.5B	2005	4.22T	2015	20.01T	2024	146.6T
1996	952.6B	2006	2.7T	2016	25.1T	2025	159.2T
1997	992.4B	2007	2.68T	2017	29.13T	2026	184.6T
1998	1.02T	2008	2.85T	2018	37.04T	2027	202.3T
1999	3.45T	2009	3.82T

Government Net Debt (% of GDP)

Global rank: 63 / 87

Data table

2008	0.3%	2015	9.3%	2022	29.4%
2009	3.8%	2016	10.5%	2023	35.9%
2010	4.6%	2017	12%	2024	39.1%
2011	8.8%	2018	12.6%	2025	35.9%
2012	7.6%	2019	14.8%	2026	34.5%
2013	8.1%	2020	17.4%	2027	32.6%
2014	7.3%	2021	25.8%

Government Net Debt (Local currency - NGN)

Data table

2008	158.8B	2015	12.41T	2022	80.55T
2009	2.36T	2016	15.11T	2023	112.8T
2010	3.58T	2017	19.49T	2024	145.8T
2011	7.94T	2018	22.81T	2025	158.4T
2012	7.75T	2019	30.33T	2026	183.8T
2013	9.27T	2020	37.07T	2027	201.5T
2014	9.27T	2021	62.79T