Nigeria Government Debt to GDP
General government gross debt as % of GDP GGXWDG_NGDP
Overview
Nigeria's government debt to gdp stood at 36.38% in 2025, a decline of +2.95% from 2024. The IMF projects 36.38% by 2025. Nigeria ranked 137th globally.
Data & projection
| Year | Government Debt to GDP | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 33.76% | - | - |
| 2029* IMF | 34.08% | - | - |
| 2028* IMF | 34.42% | - | - |
| 2027* IMF | 35.27% | - | - |
| 2026* IMF | 35.03% | - | - |
| 2025* IMF | 36.38% | - | - |
| 2025 | 36.38% | −2.95% | #137 |
| 2024 | 39.33% | +3.00% | #54 |
| 2023 | 36.34% | +6.50% | #44 |
| 2022 | 29.84% | +3.21% | #30 |
| 2021 | 26.62% | +0.90% | #25 |
| 2020 | 25.72% | +4.28% | #23 |
| 2019 | 21.44% | +1.06% | #21 |
| 2018 | 20.38% | +2.37% | #20 |
| 2017 | 18.01% | +0.63% | #12 |
| 2016 | 17.38% | +2.45% | #14 |
| 2015 | 14.93% | +2.04% | #15 |
| 2014 | 12.89% | −0.09% | #18 |
| 2013 | 12.99% | +0.51% | #21 |
| 2012 | 12.48% | +0.10% | #21 |
| 2011 | 12.38% | +5.71% | #19 |
Detected Pattern
Analysis
Nigeria matched the Export Boom Cycle pattern in 2024. Historically, 71% of countries showing this pattern (546 out of 768) saw government debt to gdp improve within 24 months. View full analysis →
Frequently Asked Questions
Nigeria's government debt to gdp was 36.38% in 2025. Ranked 137th globally. This represents a 7.5% decrease from the previous year.
Nigeria's government debt to gdp peaked at 53.23% in 1991.
The lowest government debt to gdp in Nigeria was 5.17% in 2008.
Nigeria ranks 137th globally in government debt to gdp as of 2025.
The World Bank indicator code is GGXWDG_NGDP. Data sourced from IMF WEO.
Nigeria's government debt to gdp is projected to reach 36.38% by 2025 based on IMF projection.
The government debt to gdp of Nigeria in 2025 was 36.38%. This ranks 137th in the world.
Cite this page
@misc{historysaid_nigeria_government-debt-to-gdp,
title = {Nigeria Government Debt to GDP},
url = {https://historysaid.com/nigeria/government-debt-to-gdp},
publisher = {HistorySaid},
year = {2026}
}