Nigeria—Total Debt Service (% of GNI)
Category: External DebtSource: World Bank World Development IndicatorsGlobal Rank: #45 of 119
Latest Value
5.5%
2024
YoY Change
+170.5%
2023 → 2024
Global Rank
#45
of 119 countries
Maximum
5.5%
2024
Minimum
0.2%
2010
CAGR
+21.4%
17 years
Last
5.5%
Previous
2.0%
Highest
5.5%
Lowest
0.2%
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | 5.5% | +170.5% |
| 2023 | 2.0% | +50.8% |
| 2022 | 1.3% | +1.2% |
| 2021 | 1.3% | +44.6% |
| 2020 | 0.9% | -9.4% |
| 2019 | 1.0% | -27.8% |
| 2018 | 1.4% | +33.1% |
| 2017 | 1.1% | -17.4% |
| 2016 | 1.3% | +156.3% |
| 2015 | 0.5% | +16.8% |
| 2014 | 0.4% | +100.8% |
| 2013 | 0.2% | +10.6% |
| 2012 | 0.2% | +7.4% |
| 2011 | 0.2% | +3.5% |
| 2010 | 0.2% | -25.3% |
| 2009 | 0.2% | -6.8% |
| 2008 | 0.2% |
Top Countries — Total Debt Service (% of GNI)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | El Salvador | 35.0% | 2024 |
| 2 | Mongolia | 25.7% | 2024 |
| 3 | Mozambique | 22.4% | 2024 |
| 4 | Lebanon | 22.0% | 2023 |
| 5 | Suriname | 20.5% | 2023 |
| 6 | Papua New Guinea | 19.7% | 2024 |
| 7 | Kazakhstan | 17.3% | 2024 |
| 8 | Zambia | 16.9% | 2024 |
| 9 | Georgia | 15.2% | 2024 |
| 10 | Montenegro | 15.0% | 2024 |
About This Indicator
Definition
Total debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term debt, interest paid on short-term debt, and repayments (repurchases and charges) to the IMF.
Methodology
Data compiled by International Debt Statistics, World Bank (WB).
Source: World Bank - World Development IndicatorsView original source →