Nigeria - Government Debt to GDP 1995
Nigeria's government debt to gdp was 24.17% in 1995, decreased +15.52% from 39.69% in 1994. This was the 20th highest globally.
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Korea | 8.49% | -11.9% |
| 2nd | Estonia | 8.66% | - |
| 3rd | Luxembourg | 10.28% | - |
| 4th | Kiribati | 12.27% | -0.2% |
| 5th | Eswatini | 12.50% | -4.3% |
| 6th | Czechia | 13.48% | - |
| 7th | Bahrain | 13.62% | 142.3% |
| 8th | Suriname | 16.26% | -46.7% |
| 9th | Chile | 17.25% | -23.7% |
| 10th | Paraguay | 17.56% | -6.1% |
| 11th | Namibia | 17.99% | 9.6% |
| 12th | Slovenia | 18.23% | - |
| 13th | Azerbaijan | 19.21% | - |
| 14th | Bahamas, The | 21.02% | 0.5% |
| 15th | Slovak Republic | 21.31% | - |
| 16th | China | 21.42% | - |
| 17th | Oman | 21.88% | -7.4% |
| 18th | St. Lucia | 22.70% | -2.8% |
| 19th | Vanuatu | 24.06% | 11.4% |
| 20th | Nigeria | 24.17% | -39.1% |
| 21st | El Salvador | 28.04% | -8.2% |
| 22nd | Argentina | 30.75% | 8.2% |
| 23rd | Australia | 31.14% | -1.8% |
| 24th | Norway | 32.74% | -35.4% |
| 25th | Kuwait | 34.91% | -7.4% |
| 26th | Papua New Guinea | 36.57% | -8.7% |
| 27th | Malaysia | 38.17% | -12.7% |
| 28th | Bhutan | 38.75% | -27.2% |
| 29th | Grenada | 43.08% | -5.7% |
| 30th | New Zealand | 43.48% | -11.1% |
| 31st | United Kingdom | 43.65% | 7.2% |
| 32nd | Malta | 45.30% | - |
| 33rd | Cyprus | 46.75% | - |
| 34th | Ghana | 47.56% | -6.0% |
| 35th | St. Vincent and the Grenadines | 47.59% | -12.2% |
| 36th | Poland | 48.58% | - |
| 37th | Fiji | 49.09% | 0.7% |
| 38th | Switzerland | 50.00% | 6.2% |
| 39th | Qatar | 50.20% | -8.3% |
| 40th | Trinidad and Tobago | 51.10% | -6.8% |
| 41st | Pakistan | 52.33% | -10.6% |
| 42nd | Micronesia, Federated States of | 53.91% | - |
| 43rd | Germany | 54.89% | 15.6% |
| 44th | Barbados | 54.92% | 1.2% |
| 45th | Aruba | 55.10% | - |
| 46th | Finland | 55.20% | -1.8% |
| 47th | Dominica | 57.42% | 2.7% |
| 48th | France | 57.80% | 12.1% |
| 49th | Iceland | 58.07% | 6.0% |
| 50th | Philippines | 60.85% | -4.3% |
| 51st | Spain | 61.59% | 8.0% |
| 52nd | Portugal | 62.22% | 3.0% |
| 53rd | Lesotho | 62.83% | -6.2% |
| 54th | Honduras | 65.38% | -23.5% |
| 55th | Tunisia | 65.63% | 2.7% |
| 56th | Guinea | 66.53% | -6.7% |
| 57th | Austria | 68.24% | 6.5% |
| 58th | Sweden | 68.69% | 0.2% |
| 59th | Niger | 69.38% | - |
| 60th | Singapore | 69.82% | -1.2% |
| 61st | India | 70.88% | -5.2% |
| 62nd | Denmark | 71.45% | -5.1% |
| 63rd | Morocco | 72.22% | 4.2% |
| 64th | Netherlands | 73.03% | -0.6% |
| 65th | Gabon | 73.36% | 2.9% |
| 66th | Saudi Arabia | 74.25% | 9.4% |
| 67th | Panama | 76.65% | -2.2% |
| 68th | Comoros | 77.70% | -11.5% |
| 69th | Sri Lanka | 77.81% | -0.1% |
| 70th | Ireland | 78.52% | - |
| 71st | Moldova | 79.48% | - |
| 72nd | Hungary | 83.87% | - |
| 73rd | Antigua and Barbuda | 92.14% | 9.0% |
| 74th | Japan | 92.53% | 9.7% |
| 75th | Madagascar | 95.84% | -0.1% |
| 76th | Algeria | 95.87% | -9.9% |
| 77th | Canada | 100.08% | 2.7% |
| 78th | Greece | 100.39% | 0.7% |
| 79th | Rwanda | 100.75% | - |
| 80th | Jordan | 106.07% | -8.7% |
| 81st | Italy | 119.09% | -9.0% |
| 82nd | Belgium | 131.29% | -4.2% |
| 83rd | Seychelles | 133.52% | 8.2% |
| 84th | Equatorial Guinea | 136.87% | -36.6% |
| 85th | Syrian Arab Republic | 152.64% | -6.3% |
| 86th | Sudan | 239.02% | -38.2% |
FAQ
Nigeria's government debt to gdp in 1995 was 24.17%. This ranked 20th globally.
Nigeria's government debt to gdp decreased by 39.1% in 1995 compared to 1994.
Sudan had the highest government debt to gdp in 1995 at 239.02%.
The government debt to gdp of Nigeria in 1995 was 24.17%. This ranked 20th globally.
Nigeria's government debt to gdp went from 39.69% in 1994 to 24.17% in 1995, a 39.1% decrease.
Nigeria matched the Orthodox Tightening Cycle pattern in 1995. Historically: 311 occurrences, 177 successful (57%). Outcome 24 months later: 8.5%. View full analysis →