Nigeria External Debt

2006 - 2025 | Quarterly | USD mn | CEIC Data

Key information about Nigeria External Debt

  • Nigeria External Debt reached 48.5 USD bn in Sep 2025, compared with 47.0 USD bn in the previous quarter.
  • Nigeria External Debt: USD mn data is updated quarterly, available from Dec 2006 to Sep 2025.
  • The data reached an all-time high of 48.5 USD bn in Sep 2025 and a record low of 3.3 USD bn in Mar 2007.

Debt Management Office Nigeria provides quarterly External Debt in USD. External Debt covers General Government Debt only.


Related information about Nigeria External Debt
  • In the latest reports of Nigeria, Current Account recorded a surplus of 3.4 USD bn in Sep 2025.
  • Foreign Direct Investment (FDI) increased by 718.4 USD mn in Sep 2025.
  • Nigeria Direct Investment Abroad fell by 164.4 USD mn in Sep 2025.
  • Its Foreign Portfolio Investment increased by 2.5 USD bn in Sep 2025.
  • The country's Nominal GDP was reported at 63.8 USD bn in Jun 2025.

View Nigeria's External Debt from Dec 2006 to Sep 2025 in the chart:

Nigeria External Debt

What was Nigeria's External Debt in Sep 2025?

Nigeria External Debt reached 48.5 USD bn in Sep 2025, compared with 47.0 USD bn in the previous quarter. See the table below for more data.

Last Previous Min Max Unit Frequency Range
48,462.9 Sep 2025 46,983.4 Jun 2025 3,287.7 Mar 2007 48,462.9 Sep 2025 USD mn quarterly Dec 2006 - Sep 2025

External Debt by Country Comparison

country/region Last Frequency Range
Albania (USD mn) 12,171.8 Dec 2025 quarterly Dec 2003 - Dec 2025
Algeria (USD mn) 3,838.0 Dec 2019 quarterly Mar 2007 - Dec 2019
Argentina (USD mn) 316,935.2 Sep 2025 quarterly Mar 2006 - Sep 2025
Armenia (USD mn) 6,757.5 Feb 2026 monthly Dec 2012 - Feb 2026
Australia (USD mn) 2,049,794.5 Dec 2025 quarterly Sep 1988 - Dec 2025
Austria (USD mn) 933,281.0 Sep 2025 quarterly Mar 1997 - Sep 2025
Azerbaijan (USD mn) 5,299.1 Sep 2024 quarterly Dec 2001 - Sep 2024
Bangladesh (USD mn) 112,122.8 Sep 2025 quarterly Sep 2011 - Sep 2025
Belarus (USD mn) 38,333.0 Dec 2025 quarterly Dec 1995 - Dec 2025
Belgium (USD mn) 1,833,274.6 Sep 2025 quarterly Mar 2007 - Sep 2025
Bolivia (USD mn) 15,828.1 Jun 2025 quarterly Mar 2006 - Jun 2025
Bosnia and Herzegovina (USD mn) 5,695.6 Dec 2025 quarterly Mar 2000 - Dec 2025
Botswana (USD mn) 1,498.8 2025 yearly 1994 - 2025
Brazil (USD mn) 660,416.9 Dec 2025 quarterly Dec 1999 - Dec 2025
Bulgaria (USD mn) 62,939.9 Nov 2025 monthly Jan 1999 - Nov 2025
Cambodia (USD mn) 20,040.1 Jun 2025 quarterly Mar 2010 - Jun 2025
Canada (USD mn) 3,497,031.8 Dec 2025 quarterly Mar 1990 - Dec 2025
Chile (USD mn) 284,962.0 Jan 2026 monthly Dec 1995 - Jan 2026
China (USD mn) 2,436,751.9 Jun 2025 quarterly Jun 2003 - Jun 2025
Colombia (USD mn) 211,584.3 Sep 2025 monthly Jan 2001 - Sep 2025
Croatia (USD mn) 52,854.6 Dec 2022 monthly Dec 1998 - Dec 2022
Cyprus (USD mn) 274,227.1 Jun 2025 quarterly Mar 2008 - Jun 2025
Czech Republic (USD mn) 267,802.1 Sep 2025 quarterly Dec 1993 - Sep 2025
Denmark (USD mn) 675,848.4 Jun 2025 quarterly Dec 2005 - Jun 2025
Ecuador (USD mn) 64,401.4 Jan 2026 monthly Jan 1994 - Jan 2026
Egypt (USD mn) 163,713.5 Sep 2025 quarterly Jun 1997 - Sep 2025
Estonia (USD mn) 49,157.0 Sep 2025 quarterly Mar 1996 - Sep 2025
European Union (USD mn) 19,899,430.7 Sep 2025 quarterly Mar 2008 - Sep 2025
Finland (USD mn) 682,368.6 Dec 2025 quarterly Mar 1991 - Dec 2025
France (USD mn) 9,171,964.5 Sep 2025 quarterly Jun 2004 - Sep 2025
Georgia (USD mn) 27,354.8 Sep 2025 quarterly Dec 1999 - Sep 2025
Germany (USD mn) 7,965,114.8 Sep 2025 quarterly Jun 1999 - Sep 2025
Ghana (USD mn) 29,218.9 Sep 2025 monthly Jan 2012 - Sep 2025
Greece (USD mn) 685,518.5 Sep 2025 quarterly Dec 2003 - Sep 2025
Hong Kong SAR, China (USD mn) 2,023,683.6 Sep 2025 quarterly Mar 2001 - Sep 2025
Hungary (USD mn) 301,631.2 Sep 2025 quarterly Mar 2006 - Sep 2025
Iceland (USD mn) 29,822.5 Dec 2025 quarterly Dec 1989 - Dec 2025
India (USD mn) 745,986.2 Sep 2025 quarterly Sep 1999 - Sep 2025
Indonesia (USD mn) 434,709.8 Jan 2026 monthly Jan 2008 - Jan 2026
Iran (USD mn) 4,861.6 2025 yearly 1994 - 2025
Ireland (USD mn) 3,803,349.2 Dec 2025 quarterly Dec 2002 - Dec 2025
Israel (USD mn) 160,385.5 Sep 2025 quarterly Mar 2011 - Sep 2025
Italy (USD mn) 3,291,705.3 Jun 2025 quarterly Dec 2002 - Jun 2025
Ivory Coast (USD mn) 40,561.0 2024 yearly 1970 - 2024
Japan (USD mn) 4,628,884.0 Dec 2025 quarterly Mar 2003 - Dec 2025
Jordan (USD mn) 44,735.3 Sep 2025 quarterly Dec 2006 - Sep 2025
Kazakhstan (USD mn) 183,622.3 Dec 2025 quarterly Dec 2000 - Dec 2025
Kenya (USD mn) 42,337.8 Dec 2025 monthly Sep 1999 - Dec 2025
South Korea (USD mn) 766,866.5 Dec 2025 quarterly Dec 1994 - Dec 2025
Kosovo (USD mn) 5,407.9 Sep 2025 quarterly Dec 2011 - Sep 2025
Kuwait (USD mn) 74,413.4 Sep 2025 quarterly Mar 2018 - Sep 2025
Kyrgyzstan (USD mn) 12,829.5 Sep 2025 quarterly Dec 2005 - Sep 2025
Laos (USD mn) 10,350.5 2024 yearly 1996 - 2024
Latvia (USD mn) 50,238.3 Dec 2025 quarterly Mar 2000 - Dec 2025
Lebanon (USD mn) 34,590.0 Jun 2024 quarterly Dec 2007 - Jun 2024
Lithuania (USD mn) 81,436.3 Jun 2025 quarterly Dec 1996 - Jun 2025
Luxembourg (USD mn) 4,099,693.2 Sep 2025 quarterly Dec 2002 - Sep 2025
North Macedonia (USD mn) 14,242.0 Sep 2025 quarterly Dec 2005 - Sep 2025
Malawi (MWK mn) 5,887,049.3 2023 yearly 1984 - 2023
Malaysia (USD mn) 343,887.8 Dec 2025 quarterly Mar 2009 - Dec 2025
Malta (USD mn) 228,615.0 Sep 2025 quarterly Mar 2004 - Sep 2025
Mauritius (USD mn) 181,891.9 Dec 2025 quarterly Dec 2009 - Dec 2025
Mexico (USD mn) 447,827.9 Dec 2021 quarterly Mar 2002 - Dec 2021
Moldova (USD mn) 11,408.7 Jun 2025 quarterly Mar 2009 - Jun 2025
Mongolia (USD mn) 40,460.2 Dec 2025 quarterly Mar 2000 - Dec 2025
Montenegro (USD mn) 8,741.3 2024 yearly 2006 - 2024
Morocco (USD mn) 64,781.6 Dec 2022 quarterly Dec 2006 - Dec 2022
Mozambique (USD mn) 10,292.0 2023 yearly 1985 - 2023
Myanmar (USD mn) 11,174.8 2024 yearly 1970 - 2024
Nepal (USD mn) 10,519.7 Sep 2024 quarterly Mar 2012 - Sep 2024
Netherlands (USD mn) 4,785,898.0 Sep 2025 quarterly Jun 2003 - Sep 2025
New Zealand (USD mn) 251,404.9 Dec 2025 quarterly Mar 1993 - Dec 2025
Nigeria (USD mn) 48,462.9 Sep 2025 quarterly Dec 2006 - Sep 2025
Norway (USD mn) 853,668.8 Dec 2025 quarterly Mar 2003 - Dec 2025
Pakistan (USD mn) 138,011.5 Dec 2025 quarterly Jun 2006 - Dec 2025
Palestinian Territory (USD mn) 1,535.0 Dec 2018 monthly Dec 2012 - Dec 2018
Panama (USD mn) 48,680.8 Dec 2025 monthly Jul 2004 - Dec 2025
Paraguay (USD mn) 28,790.9 Sep 2025 quarterly Mar 2008 - Sep 2025
Peru (USD mn) 113,873.7 Dec 2025 quarterly Mar 2012 - Dec 2025
Philippines (USD mn) 147,650.8 Dec 2025 quarterly Mar 2005 - Dec 2025
Poland (USD mn) 533,279.0 Sep 2025 quarterly Mar 1999 - Sep 2025
Portugal (USD mn) 523,226.4 Dec 2025 quarterly Mar 1996 - Dec 2025
Qatar (USD mn) 194,500.0 2018 yearly 2000 - 2018
Romania (USD mn) 259,675.2 Sep 2025 monthly Dec 2004 - Sep 2025
Russia (USD mn) 308,063.8 Sep 2025 quarterly Dec 2000 - Sep 2025
Serbia (USD mn) 57,444.6 Sep 2025 quarterly Mar 2003 - Sep 2025
Singapore (USD mn) 2,330,656.7 Sep 2025 quarterly Jun 2003 - Sep 2025
Slovakia (USD mn) 163,839.7 Sep 2025 quarterly Mar 1993 - Sep 2025
Slovenia (USD mn) 74,360.0 Sep 2025 monthly Dec 1994 - Sep 2025
South Africa (USD mn) 193,047.0 Sep 2025 quarterly Dec 1985 - Sep 2025
Spain (USD mn) 3,111,849.1 Jun 2025 quarterly Mar 1993 - Jun 2025
Sri Lanka (USD mn) 56,262.1 Sep 2025 quarterly Dec 2012 - Sep 2025
Sudan (USD mn) 62,400.0 2021 yearly 2001 - 2021
Sweden (USD mn) 1,121,710.6 Dec 2025 quarterly Mar 1999 - Dec 2025
Switzerland (USD mn) 2,448,597.8 Sep 2025 quarterly Dec 1999 - Sep 2025
Taiwan, China (USD mn) 236,510.0 Sep 2025 quarterly Jun 1999 - Sep 2025
Tajikistan (USD mn) 6,591.9 Sep 2025 quarterly Jun 2015 - Sep 2025
Thailand (USD mn) 203,014.5 Sep 2025 quarterly Mar 1999 - Sep 2025
Tunisia (USD mn) 42,534.5 Sep 2025 quarterly Dec 2009 - Sep 2025
Turkey (USD mn) 564,897.1 Sep 2025 quarterly Dec 1989 - Sep 2025

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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) 101,223.7 Sep 2025 quarterly Dec 2006 - Sep 2025
Government Debt: % of GDP (%) 36.2 Sep 2025 quarterly Dec 2010 - Sep 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: Capital (NGN bn) 958.160 Dec 2024 quarterly Mar 2005 - Dec 2024
Federal Govt Balance (NGN bn) -3,084.970 Dec 2024 quarterly Mar 2005 - Dec 2024
Gross Federation Account Revenue (NGN bn) 11,925.570 Sep 2025 quarterly Mar 2005 - Sep 2025
Federal Govt Expenditure: Recurrent (NGN bn) 4,210.940 Dec 2024 quarterly Mar 2005 - Dec 2024
Federal Govt Revenue (NGN bn) 2,519.820 Dec 2024 quarterly Mar 2005 - Dec 2024
Federal Govt Expenditure (NGN bn) 5,604.790 Dec 2024 quarterly Mar 2005 - Dec 2024
Gross Federation Account Revenue: Oil (NGN bn) 3,518.110 Sep 2025 quarterly Mar 2005 - Sep 2025
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) 245.1 Dec 2025 monthly Jan 2003 - Dec 2025
Total Exports (USD mn) 4,367.5 Dec 2025 monthly Jan 2003 - Dec 2025
Total Exports Growth (%) -9.2 Dec 2025 monthly Jan 2004 - Dec 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 (%) 9.9 Dec 2025 monthly Jan 2004 - Dec 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) 162.467 Dec 2025 monthly Jan 2003 - Dec 2025
Total Imports from USA (USD mn) 309.728 Dec 2025 monthly Dec 2009 - Dec 2025
Total Exports to China (USD mn) 157.315 Dec 2025 monthly Jan 2007 - Dec 2025
Total Imports from China (USD mn) 1,415.075 Dec 2025 monthly Jan 2007 - Dec 2025
Exports: Mineral Products (NGN mn) 73,459,088.314 2025 yearly 2003 - 2025
Exports: Plastic and Articles Thereof, Rubber and Articles Thereof (NGN mn) 244,171.194 2025 yearly 2003 - 2025
Exports: Vegetable Products (NGN mn) 1,539,822.759 2025 yearly 2003 - 2025
Exports (NGN mn) 6,334,358.836 Dec 2025 monthly Jan 2003 - Dec 2025
Exports: Europe: ow Netherlands (NGN mn) 663,947.498 Dec 2025 monthly Jan 2003 - Dec 2025
Exports: Europe: ow UK (NGN mn) 47,516.769 Dec 2025 monthly Jan 2003 - Dec 2025
Exports: America: ow USA (NGN mn) 235,634.548 Dec 2025 monthly Jan 2003 - Dec 2025
Imports: Mineral Fuels, Lubricants and Related Materials (NGN mn) 1,191,103.588 Dec 2025 monthly Jan 2003 - Dec 2025
Imports: Chemicals and Chemical Products (NGN mn) 999,721.947 Dec 2025 monthly Jan 2003 - Dec 2025
Imports: Manufactured Goods (NGN mn) 621,984.130 Dec 2025 monthly Jan 2003 - Dec 2025
Imports: Food and Live Animals (NGN mn) 850,483.714 Dec 2025 monthly Jan 2003 - Dec 2025
Imports: Machinery and Transport Equipment (NGN mn) 1,929,321.105 Dec 2025 monthly Jan 2003 - Dec 2025
Imports: Europe: ow Germany (NGN mn) 145,581.678 Dec 2025 monthly Jan 2003 - Dec 2025
Imports: Europe: ow Netherlands (NGN mn) 446,202.327 Dec 2025 monthly Jan 2003 - Dec 2025
Imports: Europe: ow UK (NGN mn) 302,058.111 Dec 2025 monthly Jan 2003 - Dec 2025
Imports: America: ow USA (NGN mn) 449,215.349 Dec 2025 monthly Jan 2003 - Dec 2025
Imports: Asia: ow China (NGN mn) 2,052,359.077 Dec 2025 monthly Jan 2007 - Dec 2025
Imports (NGN mn) 5,978,855.607 Dec 2025 monthly Jan 2003 - Dec 2025
Exports: Crude Oil (NGN mn) 3,256,138.155 Dec 2025 monthly Jan 2003 - Dec 2025
Total Trade (NGN mn) 12,313,214.443 Dec 2025 monthly Jan 2003 - Dec 2025
Imports: Growth Rate: MoM (%) 14.404 Dec 2025 monthly Jan 2019 - Dec 2025
Exports: Growth Rate: MoM (%) 3.151 Dec 2025 monthly Jan 2019 - Dec 2025
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) -164.4 Sep 2025 quarterly Mar 2008 - Sep 2025
Current Account Balance (USD mn) 3,416.4 Sep 2025 quarterly Mar 2014 - Sep 2025
Current Account Balance: % of GDP (%) 4.4 Sep 2025 quarterly Mar 2014 - Sep 2025
Foreign Direct Investment (USD mn) 718.4 Sep 2025 quarterly Mar 2014 - Sep 2025
Foreign Direct Investment: % of GDP (%) 1.0 Sep 2025 quarterly Mar 2010 - Sep 2025
Foreign Portfolio Investment (USD mn) 2,512.415 Sep 2025 quarterly Mar 2008 - Sep 2025
Foreign Portfolio Investment: % of GDP (%) 3.4 Sep 2025 quarterly Mar 2010 - Sep 2025
Foreign Portfolio Investment: Equity Securities (USD mn) 402.5 Sep 2025 quarterly Mar 2008 - Sep 2025
Foreign Portfolio Investment: Debt Securities (USD mn) 2,109.957 Sep 2025 quarterly Mar 2008 - Sep 2025
External Debt (USD mn) 48,462.9 Sep 2025 quarterly Dec 2006 - Sep 2025
External Debt: % of GDP (%) 11.9 2024 yearly 1985 - 2024
External Debt: Short Term (USD mn) 1,513.7 2022 yearly 2008 - 2022
External Debt: Short Term: % of GDP (%) 0.2 2022 yearly 2008 - 2022
Forecast: Current Account Balance (USD bn) 5.732 2030 yearly 1980 - 2030
Net International Investment Position (USD mn) -68,546.495 2024 yearly 2005 - 2024
External Debt: Government (USD mn) 48,462.930 Sep 2025 quarterly Dec 2006 - Sep 2025
External Debt: Service Payments (USD mn) 194.440 Dec 2018 quarterly Mar 2008 - Dec 2018
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) 30,541.947 Jan 2026 monthly Apr 1990 - Jan 2026
Money Supply M2 (USD mn) 88,997.123 Jan 2026 monthly Apr 1990 - Jan 2026
M2 Growth (%) 11.0 Jan 2026 monthly Apr 1991 - Jan 2026
Reserve Requirement Ratio (%) 45.0 Jan 2026 monthly Nov 2005 - Jan 2026
Foreign Exchange Reserves (USD mn) 42,772.1 Sep 2025 monthly Jan 1960 - Sep 2025
Foreign Exchange Reserves: % of GDP (%) 16.154 Sep 2025 quarterly Dec 2010 - Sep 2025
Foreign Exchange Reserves: Months of Import (NA) 12.7 Sep 2025 monthly Jan 2003 - Sep 2025
Gold Reserves (USD mn) 2,660.953 Sep 2025 monthly Dec 1950 - Sep 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) 78,949.7 Jan 2026 monthly Apr 1990 - Jan 2026
Domestic Credit Growth (%) 6.9 Jan 2026 monthly Apr 1991 - Jan 2026
Private Debt: % of Nominal GDP (%) 15.41 Jun 2024 quarterly Dec 2010 - Jun 2024
Monetary Survey: Liabilities: Base Money (NGN mn) 35,990,427.220 Jan 2026 monthly Apr 1990 - Jan 2026
Monetary Survey: Liabilities: M2: M1 (NGN mn) 42,332,762.940 Jan 2026 monthly Apr 1990 - Jan 2026
Monetary Survey: Liabilities: M2 (NGN mn) 123,354,746.700 Jan 2026 monthly Apr 1990 - Jan 2026
Monetary Survey: Liabilities: M2: Quasi Money (NGN mn) 81,021,983.730 Jan 2026 monthly Apr 1990 - Jan 2026
Monetary Survey: Liabilities: M3 (NGN mn) 35,345,802.020 Jun 2020 monthly Nov 1992 - Jun 2020
Non Performing Loans to Gross Loans (%) 5.760 Jun 2025 semiannually Dec 2003 - Jun 2025
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) 13.6 Feb 2026 monthly Jul 2015 - Feb 2026

More Indicators for Nigeria

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