Home → Nigeria → Government Debt to GDP → 2008

Nigeria - Government Debt to GDP 2008

Name: Nigeria Government Debt to GDP 2008
Creator: IMF WEO
License: https://creativecommons.org/licenses/by/4.0/

General government gross debt as % of GDP · IMF WEO

5.17% −0.60% from 2007 Global rank: 9th

Nigeria's government debt to gdp was 5.17% in 2008, decreased +0.60% from 5.76% in 2007. This was the 9th highest globally.

Global Ranking - 2008▾

Government Debt to GDP by Country - 2008
Rank	Country	Value	YoY
1st	Equatorial Guinea	0.49%	-35.3%
2nd	Brunei Darussalam	0.94%	37.5%
3rd	Hong Kong SAR, China	0.99%	-16.7%
4th	Oman	3.20%	-28.0%
5th	Azerbaijan	3.22%	-19.5%
6th	Turkmenistan	3.56%	16.3%
7th	Estonia	4.67%	19.6%
8th	Chile	4.92%	26.0%
9th	Nigeria	5.17%	-10.4%
10th	Kuwait	5.38%	-23.7%
11th	Kazakhstan	6.77%	65.3%
12th	Russian Federation	7.45%	-7.3%
13th	Algeria	7.64%	-40.3%
14th	Botswana	7.80%	31.4%
15th	Uzbekistan	8.33%	-12.8%
16th	United Arab Emirates	8.95%	0.6%
17th	Iran, Islamic Republic of	10.56%	-21.6%
18th	Cameroon	11.15%	-19.2%
19th	Qatar	11.36%	21.3%
20th	Australia	11.74%	21.5%
21st	Bahrain	12.05%	-23.1%
22nd	Saudi Arabia	12.06%	-29.6%
23rd	Romania	13.00%	4.6%
24th	Kiribati	13.85%	24.6%
25th	Niger	14.17%	-20.5%
26th	Trinidad and Tobago	14.25%	-15.6%
27th	Lithuania	14.59%	-8.2%
28th	Eswatini	14.61%	-9.5%
29th	Luxembourg	14.63%	80.8%
30th	Bulgaria	14.70%	-16.4%
31st	Suriname	14.77%	-10.0%
32nd	San Marino	15.49%	22.7%
33rd	Uganda	15.65%	-7.8%
34th	Chad	15.66%	-11.2%
35th	Paraguay	16.04%	-4.6%
36th	Armenia	16.15%	0.3%
37th	Rwanda	18.28%	-17.3%
38th	Benin	18.31%	28.1%
39th	New Zealand	18.97%	16.3%
40th	Afghanistan	19.06%	-5.4%
41st	Senegal	19.07%	0.6%
42nd	Namibia	19.10%	-1.4%
43rd	Zambia	19.19%	-12.4%
44th	Latvia	19.32%	114.7%
45th	Guatemala	19.57%	-5.8%
46th	Tuvalu	19.75%	-39.0%
47th	Gabon	20.05%	-48.9%
48th	Mali	20.10%	8.4%
49th	Belarus	20.30%	28.3%
50th	Ukraine	20.41%	66.4%
51st	North Macedonia	20.64%	-12.3%
52nd	Vanuatu	21.21%	8.9%
53rd	Papua New Guinea	21.56%	-2.7%
54th	Tanzania	21.64%	-8.9%
55th	Slovenia	21.89%	-4.6%
56th	Moldova	22.20%	-21.5%
57th	Honduras	22.32%	-7.1%
58th	Cambodia	22.95%	-8.4%
59th	West Bank and Gaza	22.98%	-3.1%
60th	Ghana	23.19%	10.1%
61st	Malawi	23.52%	24.2%
62nd	Costa Rica	24.01%	-11.0%
63rd	South Africa	24.05%	-1.2%
64th	Burkina Faso	24.87%	10.9%
65th	Ecuador	24.87%	-16.1%
66th	Bahamas, The	25.34%	7.9%
67th	Korea	25.86%	-1.9%
68th	Nicaragua	26.00%	-15.9%
69th	Georgia	26.35%	16.9%
70th	China	26.72%	-6.9%
71st	Andorra	27.75%	32.9%
72nd	Angola	28.12%	49.6%
73rd	Peru	28.13%	-11.7%
74th	Czechia	28.16%	3.0%
75th	Samoa	28.18%	-10.4%
76th	Slovak Republic	28.63%	-5.7%
77th	Solomon Islands	28.93%	-12.4%
78th	Micronesia, Federated States of	29.17%	12.0%
79th	Serbia	29.41%	-2.0%
80th	Tajikistan	30.23%	-11.8%
81st	Indonesia	30.25%	-20.6%
82nd	Bosnia and Herzegovina	30.32%	66.9%
83rd	Mongolia	30.99%	-14.2%
84th	Madagascar	31.01%	9.9%
85th	Viet Nam	31.05%	-3.6%
86th	Palau	32.04%	-4.8%
87th	Colombia	32.38%	-0.9%
88th	Finland	32.56%	-4.0%
89th	Mozambique	32.76%	5.0%
90th	Comoros	33.22%	-6.7%
91st	Dominican Republic	33.63%	2.2%
92nd	Bangladesh	33.87%	-3.2%
93rd	Haiti	33.92%	38.8%
94th	Tonga	34.01%	-10.1%
95th	Montenegro	34.22%	7.7%
96th	Kenya	34.25%	0.2%
97th	Thailand	34.95%	-2.9%
98th	Denmark	35.54%	20.5%
99th	Central African Republic	35.77%	-25.3%
100th	Yemen, Republic of	36.42%	-9.9%
101st	Nepal	36.76%	-3.0%
102nd	Bolivia, Plurinational State of	36.79%	-8.1%
103rd	Syrian Arab Republic	37.32%	-12.5%
104th	Türkiye	37.51%	-0.1%
105th	Sweden	37.95%	-3.2%
106th	Croatia	38.92%	5.0%
107th	Maldives	38.96%	8.7%
108th	Malaysia	39.36%	0.0%
109th	Gambia, The	39.53%	4.0%
110th	Spain	39.61%	11.0%
111th	Panama	40.02%	-15.6%
112th	Aruba	40.31%	-9.5%
113th	Mexico	40.61%	14.3%
114th	Puerto Rico (US)	40.76%	10.5%
115th	Zimbabwe	41.34%	36.7%
116th	Tunisia	41.36%	-3.1%
117th	Morocco	41.99%	-10.8%
118th	Ireland	42.51%	77.5%
119th	Marshall Islands	44.06%	4.3%
120th	Cyprus	44.13%	-17.0%
121st	Switzerland	44.82%	0.1%
122nd	Sierra Leone	46.06%	74.6%
123rd	Uruguay	46.21%	-12.5%
124th	Poland	46.56%	4.8%
125th	St. Lucia	46.90%	-2.7%
126th	Lesotho	47.03%	-5.2%
127th	Norway	47.55%	-4.0%
128th	Fiji	47.93%	3.2%
129th	Guyana	48.25%	1.1%
130th	Mauritius	48.76%	-0.1%
131st	Kyrgyz Republic	49.01%	-15.1%
132nd	Pakistan	49.48%	11.9%
133rd	Philippines	50.01%	-0.3%
134th	St. Vincent and the Grenadines	50.23%	3.7%
135th	United Kingdom	50.83%	17.7%
136th	Côte d'Ivoire	51.24%	-4.3%
137th	Lao PDR	51.72%	-7.5%
138th	Jordan	53.18%	-17.4%
139th	Argentina	53.81%	-13.4%
140th	El Salvador	54.21%	3.9%
141st	Netherlands	54.35%	27.2%
142nd	Albania	55.14%	3.0%
143rd	Sudan	55.76%	3.8%
144th	Mauritania	57.24%	-6.9%
145th	Cabo Verde	57.49%	-3.5%
146th	Guinea	58.46%	-3.8%
147th	Myanmar	59.81%	-22.7%
148th	Bhutan	60.57%	-9.9%
149th	São Tomé and Principe	60.67%	-44.9%
150th	Brazil	61.42%	-2.5%
151st	Malta	61.53%	-0.8%
152nd	Dominica	64.36%	-10.3%
153rd	Belize	64.67%	-2.7%
154th	Germany	65.17%	2.3%
155th	Egypt, Arab Republic of	66.76%	-12.5%
156th	Antigua and Barbuda	66.84%	-2.6%
157th	Togo	67.31%	-4.5%
158th	Sri Lanka	68.78%	-4.3%
159th	Austria	69.53%	5.6%
160th	Congo, Republic of	69.60%	-25.8%
161st	France	69.82%	6.6%
162nd	Israel	70.24%	-0.8%
163rd	Canada	70.36%	4.7%
164th	Hungary	71.80%	9.5%
165th	Barbados	73.79%	7.5%
166th	United States	73.85%	13.7%
167th	Iraq	74.17%	-36.7%
168th	India	74.34%	-1.4%
169th	Portugal	75.64%	4.0%
170th	Congo, Democratic Republic of	80.30%	-5.6%
171st	Grenada	83.91%	-5.8%
172nd	Belgium	93.16%	6.7%
173rd	Singapore	97.85%	11.5%
174th	Burundi	102.52%	-20.9%
175th	Italy	105.80%	2.3%
176th	Iceland	109.31%	62.1%
177th	Greece	110.91%	6.0%
178th	St. Kitts and Nevis	123.41%	-8.9%
179th	Jamaica	123.81%	11.0%
180th	Guinea-Bissau	148.82%	-9.2%
181st	Lebanon	161.49%	-4.6%
182nd	Japan	180.85%	4.6%
183rd	Seychelles	192.10%	33.4%
184th	Liberia	235.28%	-35.9%
185th	Eritrea	259.67%	29.0%

FAQ

What was Nigeria's government debt to gdp in 2008?▾

Nigeria's government debt to gdp in 2008 was 5.17%. This ranked 9th globally.

How did Nigeria's government debt to gdp change in 2008?▾

Nigeria's government debt to gdp decreased by 10.4% in 2008 compared to 2007.

Which country had the highest government debt to gdp in 2008?▾

Eritrea had the highest government debt to gdp in 2008 at 259.67%.

What is the government debt to gdp of Nigeria in 2008?▾

The government debt to gdp of Nigeria in 2008 was 5.17%. This ranked 9th globally.

How does 2008 compare to 2007 for Nigeria's government debt to gdp?▾

Nigeria's government debt to gdp went from 5.76% in 2007 to 5.17% in 2008, a 10.4% decrease.

← 2007

View all years

2009 →