Nigeria - External Debt 2019
$81.3B
+$11.9B from 2018
Nigeria's external debt was $81.3B in 2019, increased +$11.9B from $69.4B in 2018. This was the 103rd highest globally.
Global Ranking - 2019▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Tonga | $186.6M | -0.2% |
| 2nd | Timor-Leste | $203.4M | 28.7% |
| 3rd | Comoros | $270.7M | 1.3% |
| 4th | São Tomé and Principe | $275.6M | 7.8% |
| 5th | Solomon Islands | $305.0M | -3.7% |
| 6th | St. Vincent and the Grenadines | $340.5M | 3.1% |
| 7th | Vanuatu | $424.7M | 5.6% |
| 8th | Samoa | $434.9M | -2.6% |
| 9th | Dominica | $460.2M | -8.9% |
| 10th | Grenada | $548.1M | -5.5% |
| 11th | Burundi | $628.7M | 5.9% |
| 12th | St. Lucia | $638.9M | 3.8% |
| 13th | Eritrea | $779.3M | -2.3% |
| 14th | Eswatini | $834.0M | 8.8% |
| 15th | Gambia, The | $851.8M | 9.5% |
| 16th | Central African Republic | $867.7M | 3.9% |
| 17th | Guinea-Bissau | $902.0M | 9.6% |
| 18th | Liberia | $1.3B | 9.4% |
| 19th | Belize | $1.4B | 2.1% |
| 20th | Guyana | $1.5B | -4.8% |
| 21st | Botswana | $1.6B | -11.8% |
| 22nd | Lesotho | $1.6B | 8.2% |
| 23rd | Fiji | $1.8B | 12.5% |
| 24th | Sierra Leone | $1.9B | 5.3% |
| 25th | Togo | $2.0B | 17.8% |
| 26th | Cabo Verde | $2.2B | 3.0% |
| 27th | Kosovo | $2.4B | 4.0% |
| 28th | Malawi | $2.4B | 7.1% |
| 29th | Haiti | $2.5B | 0.0% |
| 30th | Djibouti | $2.6B | 10.0% |
| 31st | Afghanistan | $2.7B | -0.6% |
| 32nd | Maldives | $2.7B | 15.2% |
| 33rd | Bhutan | $2.8B | 5.7% |
| 34th | Chad | $3.2B | 1.1% |
| 35th | Guinea | $3.5B | 36.6% |
| 36th | Niger | $3.6B | 12.8% |
| 37th | Suriname | $3.9B | 10.9% |
| 38th | Madagascar | $4.0B | 8.7% |
| 39th | Syrian Arab Republic | $4.6B | 0.1% |
| 40th | Iran, Islamic Republic of | $4.9B | -15.9% |
| 41st | Mali | $5.0B | 8.8% |
| 42nd | Somalia, Fed. Rep. | $5.4B | 1.1% |
| 43rd | Mauritania | $5.4B | 3.0% |
| 44th | Algeria | $5.5B | -3.8% |
| 45th | Rwanda | $6.5B | 14.7% |
| 46th | Nepal | $6.5B | 18.2% |
| 47th | Tajikistan | $6.6B | 9.0% |
| 48th | Turkmenistan | $6.7B | -18.5% |
| 49th | Benin | $6.9B | 0.7% |
| 50th | Yemen, Republic of | $7.1B | 0.3% |
| 51st | Congo, Democratic Republic of | $7.2B | 9.2% |
| 52nd | Gabon | $7.3B | 5.7% |
| 53rd | Moldova | $7.3B | 0.4% |
| 54th | Congo, Republic of | $8.4B | 19.2% |
| 55th | Montenegro | $8.4B | 4.1% |
| 56th | Kyrgyz Republic | $8.5B | 3.6% |
| 57th | North Macedonia | $8.9B | 3.2% |
| 58th | Burkina Faso | $9.2B | -13.8% |
| 59th | Albania | $9.3B | -3.9% |
| 60th | Honduras | $9.8B | 6.3% |
| 61st | Myanmar | $11.2B | 4.2% |
| 62nd | Armenia | $11.9B | 10.8% |
| 63rd | Mauritius | $12.4B | 10.0% |
| 64th | Zimbabwe | $12.5B | -3.4% |
| 65th | Bosnia and Herzegovina | $12.7B | -2.2% |
| 66th | Cameroon | $12.9B | 17.5% |
| 67th | Nicaragua | $13.7B | 5.1% |
| 68th | Uganda | $14.0B | 13.5% |
| 69th | Bolivia, Plurinational State of | $14.3B | 7.9% |
| 70th | Jamaica | $14.5B | -17.5% |
| 71st | Cambodia | $15.4B | 13.4% |
| 72nd | Azerbaijan | $16.4B | -0.2% |
| 73rd | El Salvador | $17.4B | 4.1% |
| 74th | Paraguay | $17.9B | 3.9% |
| 75th | Papua New Guinea | $18.7B | 5.8% |
| 76th | Georgia | $18.7B | 9.6% |
| 77th | Lao PDR | $19.0B | 19.3% |
| 78th | Côte d'Ivoire | $19.8B | 22.4% |
| 79th | Senegal | $20.8B | 3.9% |
| 80th | Sudan | $22.8B | 4.8% |
| 81st | Tanzania | $24.5B | 8.1% |
| 82nd | Guatemala | $24.6B | 1.3% |
| 83rd | Uzbekistan | $25.0B | 36.7% |
| 84th | Iraq | $27.5B | -1.1% |
| 85th | Zambia | $29.4B | 19.4% |
| 86th | Serbia | $32.4B | 4.3% |
| 87th | Ghana | $32.7B | -6.9% |
| 88th | Mongolia | $33.3B | 5.4% |
| 89th | Jordan | $33.5B | 4.9% |
| 90th | Kenya | $35.0B | 11.2% |
| 91st | Dominican Republic | $35.1B | 10.1% |
| 92nd | Tunisia | $40.2B | 14.1% |
| 93rd | Bulgaria | $40.5B | 1.0% |
| 94th | Belarus | $40.7B | 5.1% |
| 95th | Ecuador | $51.9B | 15.4% |
| 96th | Morocco | $55.3B | 9.1% |
| 97th | Mozambique | $55.5B | 9.3% |
| 98th | Sri Lanka | $56.1B | 6.0% |
| 99th | Angola | $62.3B | 0.8% |
| 100th | Bangladesh | $62.5B | 9.4% |
| 101st | Peru | $64.9B | -5.5% |
| 102nd | Lebanon | $73.9B | -7.2% |
| 103rd | Nigeria | $81.3B | 17.1% |
| 104th | Philippines | $84.4B | 6.5% |
| 105th | Pakistan | $110.1B | 10.0% |
| 106th | Egypt, Arab Republic of | $114.9B | 15.5% |
| 107th | Viet Nam | $122.5B | 8.8% |
| 108th | Ukraine | $125.7B | 2.6% |
| 109th | Colombia | $139.1B | 4.2% |
| 110th | Thailand | $168.6B | -2.0% |
| 111th | Kazakhstan | $170.7B | 5.9% |
| 112th | South Africa | $190.7B | 5.9% |
| 113th | Argentina | $280.7B | 1.0% |
| 114th | Indonesia | $402.4B | 5.9% |
| 115th | Türkiye | $414.3B | -2.7% |
| 116th | Russian Federation | $485.8B | 1.7% |
| 117th | India | $561.0B | 7.6% |
| 118th | Brazil | $568.7B | 2.0% |
| 119th | Mexico | $617.4B | 2.6% |
| 120th | China | $2.11T | 7.8% |
FAQ
What was Nigeria's external debt in 2019?▾
Nigeria's external debt in 2019 was $81.3B. This ranked 103rd globally.
How did Nigeria's external debt change in 2019?▾
Nigeria's external debt increased by 17.1% in 2019 compared to 2018.
Which country had the highest external debt in 2019?▾
China had the highest external debt in 2019 at $2.11T.
What is the external debt of Nigeria in 2019?▾
The external debt of Nigeria in 2019 was $81.3B. This ranked 103rd globally.
What was Nigeria's external debt in billion in 2019?▾
Nigeria's external debt in 2019 was approximately 81.34 billion ($81.3B).
How does 2019 compare to 2018 for Nigeria's external debt?▾
Nigeria's external debt went from $69.4B in 2018 to $81.3B in 2019, a 17.1% increase.
HistorySaid - pattern alert
Nigeria matched the Fiscal Dominance Trap pattern in 2019. Historically: 386 occurrences, 278 successful (72%). Outcome 24 months later: 17.0%. View full analysis →
Related
2018
2020
All years
Full ranking 2019
External Debt to GNI
Short-term Debt
Debt Service
Domestic Credit
Interest Payments to Revenue
Peak: 2025
Lowest: 1970
External Debt 1990s
External Debt 2000s
External Debt 2010s
External Debt 2020s
Highest ever
Lowest ever
Average
vs Guinea-Bissau
vs Chad
vs Togo
vs Burkina Faso
Organisation of Islamic Cooperation External Debt
OPEC External Debt
African Union External Debt
Global Ranking