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Nigeria: Government debt

Millions of local currency · 1968–2024 · 57 observations · forecasts to 2031 · govdebt

2024
147 trillionlocal currency
Change on 2023
+28.5%year on year
Average growth, 2014–2024
+24.2%a year

Government debt

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1B10B100B1T10T100T1,000T1970198019902000201020202030NigeriaNigeria
ForecastLocal currency

Compare with other countries →Definition of Government debt

Recent values

Millions of local currency

YearValue
2031318,517,715Forecast
2030287,148,849Forecast
2029257,999,332Forecast
2028230,772,214Forecast
2027204,421,231Forecast
2026171,131,501Forecast
2025156,661,584Forecast
2024146,642,513
2023114,102,395
202281,826,586
202164,775,796
202054,952,810
201943,971,778
201835,659,654
201726,999,074
201622,392,624
201517,372,623

Sources

This series is derived from other GMD variables.

Nigeria documentation (PDF)

More for Nigeria

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

Government debt elsewhere

United StatesChinaJapanGermanyUnited KingdomFrance

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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