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Nigeria: General government debt (% of GDP)

Percent of GDP · 1968–2024 · 57 observations · forecasts to 2031 · gen_govdebt_GDP

2024
39.3%percent of GDP
Change on 2023
+3.0 pointsfrom 36.3%
Average, 2015–2024
25.0%10 years
Record high and low
72.6% (1987)low 5.17% (2008)

General government debt (% of GDP)

Report error
0%10%20%30%40%50%60%70%80%1970198019902000201020202030NigeriaNigeria
ForecastPercent of GDP

Compare with other countries →Definition of General government debt (% of GDP)

Recent values

Percent of GDP

YearValue
203130.1Forecast
203030.9Forecast
202931.7Forecast
202832.5Forecast
202733.1Forecast
202632.3Forecast
202535.5Forecast
202439.3
202336.3
202229.8
202126.6
202025.7
201921.4
201820.4
201718.0
201617.4
201514.9

Sources

  • IMF Historical Public Debt Database1968–2015
  • Bordo1971–1994
  • IMF Fiscal Policy Panel1990–2023
  • IMF World Economic Outlook1990–2024
  • IMF Global Debt Database2011–2024
  • IMF WEO (forecast)2024–2031

Compare these sources →

Nigeria documentation (PDF)

More for Nigeria

Real GDP per capita (USD)Nominal GDPReal GDPInflationUnemployment rateGovernment debt (% of GDP)All 67 series →

General government debt (% of GDP) elsewhere

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Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

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