External Debt in Nigeria
External debt was 28.2% of GDP in Nigeria in 2023, compared to 8.2% of GDP ten years earlier. External debt averaged 16.3% of GDP over the last decade. For more external debt information, visit our dedicated page.
Nigeria External Debt Chart
Note: This chart displays External Debt (% of GDP) for Nigeria from 2013 to 2025.
Source: Macrobond.
Nigeria External Debt Data
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| External Debt (% of GDP) | 19.7 | 19.6 | 26.0 | 54.0 | 49.8 |
| External Debt (USD bn) | 120.1 | 127.0 | 126.7 | 136.0 | 145.0 |