Nigeria National Government Debt

2006 - 2025 | Quarterly | USD mn | CEIC Data

Key information about Nigeria National Government Debt

  • Nigeria National Government Debt reached 97.1 USD bn in Jun 2025, compared with 94.7 USD bn in the previous quarter.
  • Nigeria National Government Debt data is updated quarterly, available from Dec 2006 to Jun 2025.
  • The data reached an all-time high of 106.9 USD bn in Sep 2023 and a record low of 17.4 USD bn in Dec 2006.

CEIC calculates quarterly Government Debt as the sum of Domestic and External Government Debt and converts it into USD. Debt Management Office provides Domestic Government Debt in local currency and External Government Debt in USD. The Central Bank of Nigeria period end market exchange rate is used for currency conversions.


Related information about Nigeria National Government Debt
  • In the latest reports, Nigeria Consolidated Fiscal Balance recorded a deficit equal to 4.0 % of its Nominal GDP in Dec 2024.
  • The country's Government debt accounted for 37.5 % of its Nominal GDP in Jun 2025.
  • Nigeria Nominal GDP reached 63.8 USD bn in Jun 2025.

View Nigeria's National Government Debt from Dec 2006 to Jun 2025 in the chart:

Nigeria National Government Debt

What was Nigeria's National Government Debt in Jun 2025?

Nigeria National Government Debt reached 97.1 USD bn in Jun 2025, compared with 94.7 USD bn in the previous quarter. See the table below for more data.

Last Previous Min Max Unit Frequency Range
97,066.2 Jun 2025 94,720.0 Mar 2025 17,404.3 Dec 2006 106,889.4 Sep 2023 USD mn quarterly Dec 2006 - Jun 2025

National Government Debt by Country Comparison

country/region Last Frequency Range
Albania (USD mn) 16,715.8 Sep 2025 quarterly Sep 2010 - Sep 2025
Algeria (USD mn) 127,109.6 2024 yearly 1997 - 2024
Argentina (USD mn) 465,353.1 Jun 2025 quarterly Dec 1994 - Jun 2025
Armenia (USD mn) 14,204.4 Sep 2025 quarterly Mar 2002 - Sep 2025
Australia (USD mn) 685,976.3 2024 yearly 1999 - 2024
Austria (USD mn) 485,261.6 Jun 2025 quarterly Mar 2000 - Jun 2025
Azerbaijan (USD mn) 9,223.0 2021 yearly 2008 - 2021
Bahrain (USD mn) 50,938.0 Oct 2025 monthly Mar 2001 - Oct 2025
Belarus (USD mn) 23,375.7 May 2022 monthly Dec 2003 - May 2022
Belgium (USD mn) 789,372.7 Jun 2025 quarterly Mar 1980 - Jun 2025
Bolivia (USD mn) 8,960.7 2014 yearly 1998 - 2014
Bosnia and Herzegovina (USD mn) 3,449.6 2024 yearly 2007 - 2024
Botswana (USD mn) 4,996.3 2025 yearly 2002 - 2025
Brazil (USD mn) 1,829,967.6 Oct 2025 monthly Dec 2000 - Oct 2025
Bulgaria (USD mn) 36,644.2 Sep 2025 monthly Dec 2015 - Sep 2025
Canada (USD mn) 1,517,724.5 2025 yearly 1962 - 2025
Chile (USD mn) 148,279.6 Jun 2025 quarterly Mar 2002 - Jun 2025
China (USD mn) 4,736,394.2 2024 yearly 2005 - 2024
Colombia (USD mn) 280,165.7 Jun 2025 quarterly Dec 2001 - Jun 2025
Croatia (USD mn) 59,807.3 Aug 2025 monthly Dec 1995 - Aug 2025
Cyprus (USD mn) 24,996.0 Oct 2025 monthly Dec 2010 - Oct 2025
Czech Republic (USD mn) 171,676.6 Jun 2025 quarterly Mar 2000 - Jun 2025
Denmark (USD mn) 140,044.5 Jun 2025 quarterly Mar 2000 - Jun 2025
Ecuador (USD mn) 85,105.4 Sep 2025 quarterly Dec 2005 - Sep 2025
Egypt (USD mn) 301,714.5 Jun 2025 quarterly Jun 2006 - Jun 2025
Estonia (USD mn) 11,125.7 Jun 2025 quarterly Mar 2000 - Jun 2025
European Union (USD mn) 17,710,682.0 Jun 2025 quarterly Mar 2000 - Jun 2025
Finland (USD mn) 289,404.3 Jun 2025 quarterly Mar 2000 - Jun 2025
France (USD mn) 4,020,987.6 Jun 2025 quarterly Dec 1995 - Jun 2025
Georgia (USD mn) 13,032.9 Sep 2025 quarterly Mar 2006 - Sep 2025
Germany (USD mn) 3,217,205.9 Jun 2025 quarterly Mar 2000 - Jun 2025
Greece (USD mn) 433,852.8 Jun 2025 quarterly Dec 1999 - Jun 2025
Hong Kong SAR, China (USD mn) 190,086.3 2024 yearly 2003 - 2024
Hungary (USD mn) 192,814.7 Sep 2025 quarterly Dec 1989 - Sep 2025
Iceland (USD mn) 20,025.7 2024 yearly 1998 - 2024
India (USD mn) 2,223,903.4 Jun 2025 quarterly Dec 1998 - Jun 2025
Indonesia (USD mn) 547,950.7 Jan 2025 monthly Jun 2009 - Jan 2025
Ireland (USD mn) 243,925.0 Jun 2025 quarterly Mar 2000 - Jun 2025
Israel (USD mn) 364,326.8 2024 yearly 1995 - 2024
Italy (USD mn) 3,615,456.0 Sep 2025 monthly Jan 1957 - Sep 2025
Ivory Coast (USD mn) 3,853.2 2015 yearly 1975 - 2015
Japan (USD mn) 9,012,579.6 Sep 2025 monthly Apr 1982 - Sep 2025
Jordan (USD mn) 50,623.8 Sep 2025 monthly Jan 2002 - Sep 2025
Kazakhstan (USD mn) 59,945.7 Dec 2024 quarterly Mar 2005 - Dec 2024
Kenya (USD mn) 92,599.6 Aug 2025 monthly Sep 1999 - Aug 2025
South Korea (USD mn) 896,321.5 Sep 2025 quarterly Sep 2002 - Sep 2025
Kosovo (USD mn) 1,875.6 2022 yearly 2009 - 2022
Kuwait (USD mn) 6,711.4 Oct 2025 monthly Dec 1993 - Oct 2025
Kyrgyzstan (USD mn) 8,646.5 Aug 2025 monthly Jan 2011 - Aug 2025
Latvia (USD mn) 23,276.2 Jun 2025 quarterly Mar 2000 - Jun 2025
Lebanon (USD mn) 101,813.6 Dec 2022 monthly Dec 2001 - Dec 2022
Lithuania (USD mn) 37,446.6 Jun 2025 quarterly Mar 2000 - Jun 2025
Luxembourg (USD mn) 25,740.5 Jun 2025 quarterly Dec 1995 - Jun 2025
North Macedonia (USD mn) 10,002.3 Jun 2025 quarterly Dec 2009 - Jun 2025
Malawi (USD mn) 2,620.0 2014 yearly 2010 - 2014
Malaysia (USD mn) 312,770.7 Sep 2025 quarterly Mar 1978 - Sep 2025
Malta (USD mn) 13,085.3 Jun 2025 quarterly Mar 2000 - Jun 2025
Mauritius (USD mn) 12,821.9 Sep 2025 quarterly Jun 2003 - Sep 2025
Mexico (USD mn) 1,052,255.7 Oct 2025 monthly Dec 2005 - Oct 2025
Moldova (USD mn) 7,606.5 Sep 2025 monthly Jan 2007 - Sep 2025
Montenegro (USD mn) 5,521.7 Sep 2025 monthly Dec 2010 - Sep 2025
Morocco (USD mn) 91,099.0 Dec 2022 quarterly Dec 2006 - Dec 2022
Nepal (USD mn) 14,538.4 2021 yearly 1990 - 2021
Netherlands (USD mn) 578,730.9 Jun 2025 quarterly Dec 1999 - Jun 2025
New Zealand (USD mn) 123,654.9 Sep 2025 quarterly Dec 2006 - Sep 2025
Nigeria (USD mn) 97,066.2 Jun 2025 quarterly Dec 2006 - Jun 2025
Norway (USD mn) 251,685.3 2024 yearly 1995 - 2024
Oman (USD mn) 37,979.2 2024 yearly 1990 - 2024
Panama (USD mn) 58,832.7 Oct 2025 monthly Jul 2004 - Oct 2025
Paraguay (USD mn) 16,217.1 2024 yearly 2003 - 2024
Peru (USD mn) 105,081.0 Sep 2025 quarterly Mar 1999 - Sep 2025
Philippines (USD mn) 297,648.2 Oct 2025 monthly Jan 1993 - Oct 2025
Poland (USD mn) 611,821.3 Sep 2025 quarterly Mar 2000 - Sep 2025
Portugal (USD mn) 345,383.7 Sep 2025 quarterly Mar 2000 - Sep 2025
Qatar (USD mn) 26,518.7 2012 yearly 2003 - 2012
Romania (USD mn) 249,581.5 Aug 2025 monthly Nov 2011 - Aug 2025
Russia (USD mn) 407,811.4 Oct 2025 monthly May 2009 - Oct 2025
Saudi Arabia (USD mn) 324,244.9 2024 yearly 2004 - 2024
Serbia (USD mn) 44,047.7 Oct 2025 monthly Sep 2004 - Oct 2025
Singapore (USD mn) 1,010,431.8 Sep 2025 quarterly Mar 1990 - Sep 2025
Slovakia (USD mn) 89,388.0 Mar 2025 quarterly Mar 2000 - Mar 2025
Slovenia (USD mn) 55,900.6 Jun 2025 quarterly Dec 1999 - Jun 2025
South Africa (USD mn) 346,277.1 Oct 2025 monthly Jan 1960 - Oct 2025
Spain (USD mn) 1,990,214.9 Jun 2025 quarterly Dec 1990 - Jun 2025
Sri Lanka (USD mn) 98,799.1 Jun 2025 quarterly Mar 2014 - Jun 2025
Sweden (USD mn) 231,414.4 Jun 2025 quarterly Mar 1999 - Jun 2025
Switzerland (USD mn) 231,894.5 2024 yearly 1990 - 2024
Taiwan (USD mn) 223,824.2 2023 yearly 1996 - 2023
Thailand (USD mn) 340,585.0 Oct 2025 monthly Oct 1997 - Oct 2025
Tunisia (USD mn) 46,921.1 Sep 2025 monthly Apr 2011 - Sep 2025
Turkey (USD mn) 298,427.1 2024 yearly 2001 - 2024
Ukraine (USD mn) 190,373.9 Oct 2025 monthly Dec 2004 - Oct 2025
United Kingdom (USD mn) 4,113,194.2 Jun 2025 quarterly Mar 1966 - Jun 2025
United States (USD mn) 38,040,094.0 Oct 2025 monthly Jan 1969 - Oct 2025
Uruguay (USD mn) 47,848.8 Jun 2025 quarterly Mar 1999 - Jun 2025
Venezuela (USD mn) 105,131.7 2016 yearly 1996 - 2016
Vietnam (USD mn) 150,597.5 2024 yearly 2010 - 2024
Yemen (USD mn) 20,434.2 2013 yearly 2004 - 2013

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Nigeria Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -4.0 Dec 2024 quarterly Dec 2010 - Dec 2024
Consolidated Fiscal Balance (USD mn) -1,902.660 Dec 2024 quarterly Mar 2005 - Dec 2024
National Government Debt (USD mn) 97,066.2 Jun 2025 quarterly Dec 2006 - Jun 2025
Government Debt: % of GDP (%) 37.5 Jun 2025 quarterly Dec 2010 - Jun 2025
Forecast: Government Expenditure (NGN bn) 109,186.865 2030 yearly 1990 - 2030
Forecast: Government Net Debt (NGN bn) 295,803.687 2030 yearly 1990 - 2030
Forecast: Government Revenue (NGN bn) 80,747.215 2030 yearly 1990 - 2030
Federal Govt Expenditure: Recurrent (NGN bn) 3,732.590 Sep 2024 quarterly Mar 2005 - Sep 2024
Federal Govt Expenditure: Capital (NGN bn) 1,415.860 Sep 2024 quarterly Mar 2005 - Sep 2024
Gross Federation Account Revenue (NGN bn) 6,865.840 Sep 2024 quarterly Mar 2005 - Sep 2024
Gross Federation Account Revenue: Oil (NGN bn) 1,304.960 Sep 2024 quarterly Mar 2005 - Sep 2024
Federal Govt Balance (NGN bn) -3,301.610 Sep 2024 quarterly Mar 2005 - Sep 2024
Federal Govt Revenue (NGN bn) 2,282.540 Sep 2024 quarterly Mar 2005 - Sep 2024
Federal Govt Expenditure (NGN bn) 5,584.150 Sep 2024 quarterly Mar 2005 - Sep 2024
Government Debt: Domestic (NGN bn) 69,219.806 Sep 2024 quarterly Dec 2005 - Sep 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) -1.879 2028 yearly 1991 - 2028
Trade Balance (USD mn) 2,213.2 Jun 2025 monthly Jan 2003 - Jun 2025
Total Exports (USD mn) 4,858.0 Jun 2025 monthly Jan 2003 - Jun 2025
Total Exports Growth (%) 22.6 Jun 2025 monthly Jan 2004 - Jun 2025
Aluminum: Exports (USD th) 242,851.843 2024 yearly 1995 - 2024
Exports: Medicament (USD th) 2,102.688 2024 yearly 1995 - 2024
Exports: Medicinal and Pharmaceutical Product (USD th) 578.589 2024 yearly 1995 - 2024
Total Imports (USD mn) 2,644.8 Jun 2025 monthly Jan 2003 - Jun 2025
Total Imports Growth (%) 2.5 Jun 2025 monthly Jan 2004 - Jun 2025
Imports: Medicament (USD th) 605,905.663 2024 yearly 1995 - 2024
Imports: Medicinal and Pharmaceutical Product (USD th) 335,165.261 2024 yearly 1995 - 2024
Total Exports to USA (USD mn) 264.685 Jun 2025 monthly Jan 2003 - Jun 2025
Total Imports from USA (USD mn) 503.329 Jun 2025 monthly Dec 2009 - Jun 2025
Total Exports to China (USD mn) 174.147 Jun 2025 monthly Jan 2007 - Jun 2025
Total Imports from China (USD mn) 1,013.525 Jun 2025 monthly Jan 2007 - Jun 2025
Imports (NGN mn) 4,384,900.258 Sep 2024 monthly Jan 2003 - Sep 2024
Exports: Crude Oil (NGN mn) 3,905,247.850 Sep 2024 monthly Jan 2003 - Sep 2024
Imports: Growth Rate: MoM (%) -17.535 Sep 2024 monthly Jan 2019 - Sep 2024
Exports: Growth Rate: MoM (%) -17.669 Sep 2024 monthly Jan 2019 - Sep 2024
Total Trade (NGN mn) 10,432,090.965 Sep 2024 monthly Jan 2003 - Sep 2024
Exports: Europe: ow Netherlands (NGN mn) 261,930.167 Sep 2024 monthly Jan 2003 - Sep 2024
Exports: America: ow USA (NGN mn) 201,983.472 Sep 2024 monthly Jan 2003 - Sep 2024
Exports: Europe: ow UK (NGN mn) 180,704.134 Sep 2024 monthly Jan 2003 - Sep 2024
Exports (NGN mn) 6,047,190.706 Sep 2024 monthly Jan 2003 - Sep 2024
Exports: Mineral Products (NGN mn) 33,075,147.443 2023 yearly 2003 - 2023
Exports: Plastic and Articles Thereof, Rubber and Articles Thereof (NGN mn) 53,170.162 2023 yearly 2003 - 2023
Exports: Vegetable Products (NGN mn) 786,963.687 2023 yearly 2003 - 2023
Imports: Asia: ow China (NGN mn) 1,298,198.961 Sep 2024 monthly Jan 2007 - Sep 2024
Imports: America: ow USA (NGN mn) 446,388.165 Sep 2024 monthly Jan 2003 - Sep 2024
Imports: Europe: ow Germany (NGN mn) 135,143.103 Sep 2024 monthly Jan 2003 - Sep 2024
Imports: Europe: ow Netherlands (NGN mn) 201,091.335 Sep 2024 monthly Jan 2003 - Sep 2024
Imports: Europe: ow UK (NGN mn) 134,085.602 Sep 2024 monthly Jan 2003 - Sep 2024
Imports: Manufactured Goods (NGN mn) 488,494.173 Sep 2024 monthly Jan 2003 - Sep 2024
Imports: Mineral Fuels, Lubricants and Related Materials (NGN mn) 1,024,863.121 Sep 2024 monthly Jan 2003 - Sep 2024
Imports: Machinery and Transport Equipment (NGN mn) 1,432,150.870 Sep 2024 monthly Jan 2003 - Sep 2024
Imports: Food and Live Animals (NGN mn) 455,343.676 Sep 2024 monthly Jan 2003 - Sep 2024
Imports: Chemicals and Chemical Products (NGN mn) 614,100.231 Sep 2024 monthly Jan 2003 - Sep 2024
Export Value Index (2015=100) 93.461 2021 yearly 1980 - 2021
Import Value Index (2015=100) 116.198 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) -551.1 Mar 2025 quarterly Mar 2008 - Mar 2025
Current Account Balance (USD mn) 3,726.7 Mar 2025 quarterly Mar 2014 - Mar 2025
Current Account Balance: % of GDP (%) 11.5 Jun 2024 quarterly Mar 2014 - Jun 2024
Foreign Direct Investment (USD mn) 246.9 Mar 2025 quarterly Mar 2014 - Mar 2025
Foreign Direct Investment: % of GDP (%) 0.4 Mar 2025 quarterly Mar 2010 - Mar 2025
Foreign Portfolio Investment (USD mn) -5,026.384 Mar 2025 quarterly Mar 2008 - Mar 2025
Foreign Portfolio Investment: % of GDP (%) -8.1 Mar 2025 quarterly Mar 2010 - Mar 2025
Foreign Portfolio Investment: Equity Securities (USD mn) -133.9 Mar 2025 quarterly Mar 2008 - Mar 2025
Foreign Portfolio Investment: Debt Securities (USD mn) -4,892.510 Mar 2025 quarterly Mar 2008 - Mar 2025
External Debt (USD mn) 46,983.4 Jun 2025 quarterly Dec 2006 - Jun 2025
External Debt: % of GDP (%) 18.6 2024 yearly 1985 - 2024
External Debt: Short Term (USD mn) 1,005.6 2020 yearly 2008 - 2020
External Debt: Short Term: % of GDP (%) 0.2 2020 yearly 2008 - 2020
Forecast: Current Account Balance (USD bn) 2.643 2030 yearly 1980 - 2030
Net International Investment Position (USD mn) -68,555.096 2024 yearly 2005 - 2024
External Debt: Service Payments (USD mn) 194.440 Dec 2018 quarterly Mar 2008 - Dec 2018
External Debt: Government (USD mn) 43,026.550 Sep 2024 quarterly Dec 2006 - Sep 2024
External Debt: Government: International Capital Market (USD mn) 15,118.350 Sep 2024 quarterly Mar 2011 - Sep 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 6.1 2019 yearly 2003 - 2019
Non-Performing Loans (USD mn) 3,315.011 Mar 2021 quarterly Mar 2007 - Mar 2021
Money Supply M1 (USD mn) 27,684.996 Oct 2025 monthly Apr 1990 - Oct 2025
Money Supply M2 (USD mn) 83,749.939 Oct 2025 monthly Apr 1990 - Oct 2025
M2 Growth (%) 10.2 Oct 2025 monthly Apr 1991 - Oct 2025
Reserve Requirement Ratio (%) 45.0 Oct 2025 monthly Nov 2005 - Oct 2025
Foreign Exchange Reserves (USD mn) 38,880.0 Jan 2025 monthly Jan 1960 - Jan 2025
Foreign Exchange Reserves: % of GDP (%) 16.359 Dec 2024 quarterly Dec 2010 - Dec 2024
Foreign Exchange Reserves: Months of Import (NA) 10.9 Jan 2025 monthly Jan 2003 - Jan 2025
Gold Reserves (USD mn) 2,152.409 Mar 2025 monthly Dec 1950 - Mar 2025
Total Deposits (USD mn) 84,213.801 Dec 2019 monthly Nov 1992 - Dec 2019
Total Deposits Growth (%) 2.6 Dec 2019 monthly Nov 1993 - Dec 2019
Domestic Credit (USD mn) 69,798.2 Oct 2025 monthly Apr 1990 - Oct 2025
Domestic Credit Growth (%) -12.6 Oct 2025 monthly Apr 1991 - Oct 2025
Private Debt: % of Nominal GDP (%) 15.41 Jun 2024 quarterly Dec 2010 - Jun 2024
Monetary Survey: Liabilities: M2: Quasi Money (NGN mn) 74,077,851.830 Jan 2025 monthly Nov 1992 - Jan 2025
Monetary Survey: Liabilities: Base Money (NGN mn) 32,659,076.490 Jan 2025 monthly Jan 1993 - Jan 2025
Monetary Survey: Liabilities: M2: M1 (NGN mn) 36,894,418.660 Jan 2025 monthly Nov 1992 - Jan 2025
Monetary Survey: Liabilities: M2 (NGN mn) 110,972,270.500 Jan 2025 monthly Nov 1992 - Jan 2025
Monetary Survey: Liabilities: M3 (NGN mn) 35,345,802.020 Jun 2020 monthly Nov 1992 - Jun 2020
Non Performing Loans to Gross Loans (%) 4.140 Jun 2023 semiannually Dec 2003 - Jun 2023
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) 8.6 Nov 2025 monthly Jul 2015 - Nov 2025

More Indicators for Nigeria

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