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Nigeria: Government debt (% of GDP)

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

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 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

This series is derived from other GMD variables.

Nigeria documentation (PDF)

More for Nigeria

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

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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