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Nigeria National Debt Clock

General government gross debt, live estimate

$129,790,838,653

Grows by about $917 every second in 2026 · 34.6% of GDP

Source: IMF World Economic Outlook, DataMapper API, retrieved 2026-11-11. US dollars at IMF exchange rates.

Debt to GDP
34.6%
−1.5 pp vs 2025
Debt per citizen
$552
242.6 million people
GDP
$386.7 billion
2026, current US dollars
Debt to GDP in 2031
31.9%
IMF projection

Nigeria debt to GDP, 2000–2031

Gross government debt as a share of the economy. Hover a bar for the exact value.

0% 25% 50% 2000: 40.9% of GDP 2001: 37.7% of GDP 2002: 30.7% of GDP 2003: 29.9% of GDP 2004: 25.2% of GDP 2005: 13.4% of GDP 2006: 6.7% of GDP 2007: 5.8% of GDP 2008: 5.2% of GDP 2009: 6.1% of GDP 2010: 6.7% of GDP 2011: 12.4% of GDP 2012: 12.5% of GDP 2013: 13% of GDP 2014: 15.8% of GDP 2015: 14.9% of GDP 2016: 17.4% of GDP 2017: 18% of GDP 2018: 20.4% of GDP 2019: 21.4% of GDP 2020: 25.7% of GDP 2021: 26.6% of GDP 2022: 29.8% of GDP 2023: 36.3% of GDP 2024: 39.3% of GDP 2025: 36.1% of GDP 2026: 34.6% of GDP (IMF projection) 2027: 32.8% of GDP (IMF projection) 2028: 32.9% of GDP (IMF projection) 2029: 32.5% of GDP (IMF projection) 2030: 32.2% of GDP (IMF projection) 2031: 31.9% of GDP (IMF projection) 2000200520102015202020252030
Reported and estimated IMF projection

How Nigeria compares in Middle East & Africa

Countries with the closest debt to GDP ratio in 2026.

CountryDebt to GDPDebt
Qatar 46.4% $94.2 billion
Ethiopia 40.7% $51.7 billion
Iran 39.1% $122.0 billion
Saudi Arabia 35.4% $475.5 billion
Nigeria 34.6% $133.8 billion
United Arab Emirates 32.8% $216.8 billion
Kuwait 26.6% $39.1 billion
All 80 countries →

Nigeria's debt in perspective

  • It would buy 28,842 Lamborghini Venenos at $4.5 million each.
  • Laid end to end, the debt in $100 bills would wrap around the Earth 5 times.
  • Spending $1,000,000 a day, it would take 355 years and 4 months to spend it all.

Frequently asked questions

What is the national debt of Nigeria?

Nigeria's general government gross debt is about $129.8 billion right now. The IMF expects $133.8 billion by the end of 2026, up from $104.9 billion at the end of 2025.

What is Nigeria's debt to GDP ratio?

34.6% of GDP in 2026, compared with 36.1% in 2025. The IMF projects 31.9% by 2031.

How much debt is there per person in Nigeria?

About $552 per citizen, based on a population of 242.6 million.

Is Nigeria's national debt growing?

Yes. In 2026 it grows by about $917 every second.

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