Nigeria External Debt: Short Term: % of GDP

2008 - 2018 | Yearly | % | CEIC Data

Nigeria External Debt: Short Term accounted for 0.1 % of the country's Nominal GDP in 2018, compared with the ratio of 0.1 % in the previous year. Nigeria External Debt: Short Term: % of Nominal GDP data is updated yearly, available from 2008 to 2018. The data reached an all-time high of 0.1 % in 2018 and a record low of 0.0 % in 2015. CEIC calculates Short Term External Debt as % of Nominal GDP from annual Short Term External Debt and annual Nominal GDP. Debt Management Office Nigeria provides Short Term External Debt in USD. The National Bureau of Statistics of the Federal Republic of Nigeria provides Nominal GDP in local currency. The Central Bank of Nigeria average market exchange rate is used for currency conversions.

In the latest reports of Nigeria, Current Account recorded a deficit of 3.3 USD bn in Sep 2020. Foreign Direct Investment (FDI) increased by 775.2 USD mn in Sep 2020. Nigeria Direct Investment Abroad expanded by 310.0 USD mn in Sep 2020. Its Foreign Portfolio Investment increased by 1.7 USD bn in Sep 2020. Nigeria External Debt: Short Term value stood at 310.7 USD mn in Dec 2018. The country's Nominal GDP was reported at 114.8 USD bn in Dec 2020.

View Nigeria's External Debt: Short Term: % of GDP from 2008 to 2018 in the chart:

Nigeria External Debt: Short Term: % of GDP

What was Nigeria's External Debt: Short Term: % of GDP in 2018?

Last Previous Min Max Unit Frequency Range
0.1 2018 0.1 2017 0.0 2015 0.1 2018 % yearly 2008 - 2018

External Debt: Short Term: % of GDP by Country Comparison

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Includes External Debt: Short Term: % of GDP on 97 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (%) 4.2 2020 yearly 1991 - 2020
Algeria (%) 1.3 2019 yearly 1977 - 2019
Argentina (%) 19.0 2020 yearly 2003 - 2020
Armenia (%) 12.7 2020 yearly 2000 - 2020
Australia (%) 22.0 2020 yearly 1988 - 2020
Austria (%) 41.6 2020 yearly 1997 - 2020
Azerbaijan (%) 1.3 2019 yearly 1993 - 2019
Bangladesh (%) 3.0 2020 yearly 2012 - 2020
Belarus (%) 17.0 Dec 2020 quarterly Dec 2000 - Dec 2020
Belgium (%) 85.0 2020 yearly 2007 - 2020
Bolivia (%) 0.0 2019 yearly 2000 - 2019
Bosnia and Herzegovina (%) 1.8 2019 yearly 1999 - 2019
Botswana (%) 0.8 2019 yearly 1994 - 2019
Brazil (%) 4.8 2020 yearly 1999 - 2020
Bulgaria (%) 15.1 2020 yearly 1999 - 2020
Canada (%) 52.6 2020 yearly 1990 - 2020
Chile (%) 7.9 2020 yearly 1971 - 2020
China (%) 8.9 2020 yearly 1985 - 2020
Colombia (%) 8.1 2020 yearly 1970 - 2020
Croatia (%) 16.3 2020 yearly 1999 - 2020
Cyprus (%) 157.4 2020 yearly 2008 - 2020
Czech Republic (%) 42.9 2020 yearly 1995 - 2020
Denmark (%) 68.5 2020 yearly 2005 - 2020
Ecuador (%) 0.6 2020 yearly 1970 - 2020
Egypt (%) 3.0 2020 yearly 1990 - 2020
Estonia (%) 28.2 2020 yearly 1996 - 2020
Finland (%) 82.9 2020 yearly 1991 - 2020
France (%) 112.0 2020 yearly 2004 - 2020
Georgia (%) 14.4 2020 yearly 2006 - 2020
Germany (%) 61.2 2020 yearly 2004 - 2020
Greece (%) 90.2 2020 yearly 2003 - 2020
Hong Kong SAR, China (%) 338.4 2020 yearly 2001 - 2020
Hungary (%) 12.8 2020 yearly 1995 - 2020
Iceland (%) 3.5 2020 yearly 1989 - 2020
India (%) 4.0 2020 yearly 1990 - 2020
Indonesia (%) 4.2 2020 yearly 2003 - 2020
Iran (%) 0.3 2020 yearly 1994 - 2020
Ireland (%) 177.2 2020 yearly 2002 - 2020
Israel (%) 11.0 2020 yearly 2000 - 2020
Italy (%) 53.9 2020 yearly 2002 - 2020
Ivory Coast (%) 1.5 2019 yearly 1970 - 2019
Japan (%) 65.9 2020 yearly 2003 - 2020
Jordan (%) 36.4 2020 yearly 2000 - 2020
Kazakhstan (%) 5.8 2020 yearly 1992 - 2020
Kenya (%) 2.7 2019 yearly 1996 - 2019
South Korea (%) 9.7 2020 yearly 1994 - 2020
Kosovo (%) 11.5 2020 yearly 2007 - 2020
Kyrgyzstan (%) 7.1 2020 yearly 2003 - 2020
Latvia (%) 56.1 2020 yearly 2000 - 2020
Lithuania (%) 21.9 2020 yearly 2004 - 2020
Luxembourg (%) 1,316.4 2020 yearly 2002 - 2020
North Macedonia (%) 16.9 2020 yearly 2004 - 2020
Malawi (%) 0.6 2019 yearly 2002 - 2019
Malaysia (%) 25.9 2020 yearly 2009 - 2020
Malta (%) 170.9 2020 yearly 2004 - 2020
Mauritius (%) 57.5 2020 yearly 2009 - 2020
Mexico (%) 4.9 2020 yearly 2002 - 2020
Moldova (%) 19.9 2020 yearly 2000 - 2020
Mongolia (%) 21.1 2019 yearly 1992 - 2019
Montenegro (%) 5.0 2019 yearly 2007 - 2019
Morocco (%) 6.7 2020 yearly 1970 - 2020
Mozambique (%) 10.8 2019 yearly 1984 - 2019
Netherlands (%) 195.1 2020 yearly 2003 - 2020
New Zealand (%) 33.6 2020 yearly 2000 - 2020
Nigeria (%) 0.1 2018 yearly 2008 - 2018
Norway (%) 64.7 2020 yearly 2012 - 2020
Pakistan (%) 1.9 2020 yearly 2006 - 2020
Palestinian Territory (%) 9.0 2018 yearly 2013 - 2018
Panama (%) 55.1 2019 yearly 1970 - 2019
Paraguay (%) 12.7 2020 yearly 2002 - 2020
Peru (%) 4.7 2020 yearly 1980 - 2020
Philippines (%) 3.9 2020 yearly 2005 - 2020
Poland (%) 9.5 2020 yearly 2004 - 2020
Portugal (%) 78.0 2020 yearly 1996 - 2020
Romania (%) 15.2 2020 yearly 2004 - 2020
Russia (%) 4.2 2020 yearly 2001 - 2020
Serbia (%) 4.2 2019 yearly 2000 - 2019
Singapore (%) 320.5 2020 yearly 2003 - 2020
Slovakia (%) 59.5 2020 yearly 2006 - 2020
Slovenia (%) 26.3 2020 yearly 2001 - 2020
South Africa (%) 9.2 2020 yearly 1994 - 2020
Spain (%) 78.8 2020 yearly 2000 - 2020
Sri Lanka (%) 10.2 2020 yearly 1994 - 2020
Sudan (%) 12.8 2019 yearly 1970 - 2019
Sweden (%) 53.3 2020 yearly 1997 - 2020
Switzerland (%) 157.8 2020 yearly 1999 - 2020
Taiwan (%) 26.2 2020 yearly 1999 - 2020
Tajikistan (%) 16.3 2019 yearly 1993 - 2019
Thailand (%) 14.9 2020 yearly 1980 - 2020
Tunisia (%) 26.1 2020 yearly 2002 - 2020
Turkey (%) 19.3 2020 yearly 1989 - 2020
Ukraine (%) 11.1 2020 yearly 2009 - 2020
United Kingdom (%) 222.7 2020 yearly 1979 - 2020
United States (%) 34.3 2020 yearly 2003 - 2020
Uruguay (%) 12.1 2020 yearly 1999 - 2020
Venezuela (%) 0.2 2017 yearly 1997 - 2017
Yemen (%) 1.8 2017 yearly 1991 - 2017

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Nigeria Key Series

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Includes 271 key indicators for Nigeria, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -3.8 Dec 2020 quarterly Dec 2010 - Dec 2020
Consolidated Fiscal Balance (USD mn) -3,910.052 Dec 2020 quarterly Mar 2005 - Dec 2020
National Government Debt (USD mn) 76,375.0 Mar 2021 quarterly Dec 2006 - Mar 2021
Government Debt: % of GDP (%) 18.8 Dec 2020 quarterly Dec 2010 - Dec 2020
Forecast: Government Expenditure (NGN bn) 44,913.220 2026 yearly 1990 - 2026
Forecast: Government Net Debt (NGN bn) 135,441.460 2026 yearly 1990 - 2026
Forecast: Government Revenue (NGN bn) 24,435.680 2026 yearly 1990 - 2026
Gross Federation Account Revenue: Oil (NGN bn) 985.570 Dec 2020 quarterly Mar 2005 - Dec 2020
Gross Federation Account Revenue (NGN bn) 2,208.100 Dec 2020 quarterly Mar 2005 - Dec 2020
Federal Govt Expenditure: Capital (NGN bn) 622.130 Dec 2020 quarterly Mar 2005 - Dec 2020
Federal Govt Expenditure (NGN bn) 2,387.460 Dec 2020 quarterly Mar 2005 - Dec 2020
Federal Govt Balance (NGN bn) -1,483.930 Dec 2020 quarterly Mar 2005 - Dec 2020
Federal Govt Expenditure: Recurrent (NGN bn) 1,720.090 Dec 2020 quarterly Mar 2005 - Dec 2020
Federal Govt Revenue (NGN bn) 903.520 Dec 2020 quarterly Mar 2005 - Dec 2020
Government Debt: Domestic (NGN bn) 16,513.929 Mar 2021 quarterly Dec 2005 - Mar 2021
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 2.040 2026 yearly 1991 - 2026
Trade Balance (USD mn) -2,959.9 Mar 2021 monthly Jan 2003 - Mar 2021
Total Exports (USD mn) 2,820.2 Mar 2021 monthly Jan 2003 - Mar 2021
Total Exports Growth (%) 11.0 Mar 2021 monthly Jan 2004 - Mar 2021
Aluminum: Exports (USD th) 107,795.596 2019 yearly 1995 - 2019
Exports: Medicament (USD th) 1,226.579 2019 yearly 1995 - 2019
Exports: Medicinal and Pharmaceutical Product (USD th) 302.933 2019 yearly 1995 - 2019
Total Imports (USD mn) 5,780.1 Mar 2021 monthly Jan 2003 - Mar 2021
Total Imports Growth (%) 44.4 Mar 2021 monthly Jan 2004 - Mar 2021
Imports: Medicament (USD th) 1,128,625.385 2019 yearly 1995 - 2019
Imports: Medicinal and Pharmaceutical Product (USD th) 348,770.759 2019 yearly 1995 - 2019
Total Exports to USA (USD mn) 36.075 Sep 2020 monthly Jan 2003 - Sep 2020
Total Imports from USA (USD mn) 422.719 Dec 2020 monthly Dec 2009 - Dec 2020
Total Exports to China (USD mn) 214.635 Mar 2021 monthly Jan 2007 - Mar 2021
Total Imports from China (USD mn) 1,440.816 Dec 2020 monthly Jan 2007 - Dec 2020
Exports: Crude Oil (NGN mn) 664,897.316 Mar 2021 monthly Jan 2003 - Mar 2021
Imports (NGN mn) 2,193,557.031 Mar 2021 monthly Jan 2003 - Mar 2021
Total Trade (NGN mn) 3,263,824.154 Mar 2021 monthly Jan 2003 - Mar 2021
Exports: Europe: ow UK (NGN mn) 39,434.810 Mar 2021 monthly Jan 2003 - Mar 2021
Exports: America: ow USA (NGN mn) 24,895.523 Mar 2021 monthly Jan 2003 - Mar 2021
Exports: Europe: ow Netherlands (NGN mn) 60,277.030 Mar 2021 monthly Jan 2003 - Mar 2021
Exports (NGN mn) 1,070,267.123 Mar 2021 monthly Jan 2003 - Mar 2021
Imports: Europe: ow Netherlands (NGN mn) 93,317.314 Mar 2021 monthly Jan 2003 - Mar 2021
Imports: Europe: ow Germany (NGN mn) 54,563.268 Mar 2021 monthly Jan 2003 - Mar 2021
Imports: Europe: ow UK (NGN mn) 35,761.415 Mar 2021 monthly Jan 2003 - Mar 2021
Imports: Asia: ow China (NGN mn) 757,807.681 Mar 2021 monthly Jan 2007 - Mar 2021
Imports: America: ow USA (NGN mn) 251,380.868 Mar 2021 monthly Jan 2003 - Mar 2021
Exports: Vegetable Products (NGN mn) 189,913.743 2020 yearly 2003 - 2020
Exports: Plastic and Articles Thereof, Rubber and Articles Thereof (NGN mn) 10,603.818 2020 yearly 2003 - 2020
Exports: Mineral Products (NGN mn) 11,120,986.129 2020 yearly 2003 - 2020
Imports: Manufactured Goods (NGN mn) 237,319.776 Mar 2021 monthly Jan 2003 - Mar 2021
Imports: Chemicals and Chemical Products (NGN mn) 355,996.591 Mar 2021 monthly Jan 2003 - Mar 2021
Imports: Mineral Fuels, Lubricants and Related Materials (NGN mn) 124,468.404 Mar 2021 monthly Jan 2003 - Mar 2021
Imports: Food and Live Animals (NGN mn) 288,028.657 Mar 2021 monthly Jan 2003 - Mar 2021
Imports: Machinery and Transport Equipment (NGN mn) 958,035.327 Mar 2021 monthly Jan 2003 - Mar 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 636.9 Dec 2020 quarterly Mar 2008 - Dec 2020
Current Account Balance (USD mn) -3,337.9 Sep 2020 quarterly Mar 2008 - Sep 2020
Current Account Balance: % of GDP (%) -3.2 Sep 2020 quarterly Mar 2008 - Sep 2020
Foreign Direct Investment (USD mn) 775.2 Sep 2020 quarterly Mar 2008 - Sep 2020
Foreign Direct Investment: % of GDP (%) 0.4 Dec 2020 quarterly Mar 2010 - Dec 2020
Foreign Portfolio Investment (USD mn) -476.529 Dec 2020 quarterly Mar 2008 - Dec 2020
Foreign Portfolio Investment: % of GDP (%) 1.7 Sep 2020 quarterly Mar 2010 - Sep 2020
Foreign Portfolio Investment: Equity Securities (USD mn) 125.5 Sep 2020 quarterly Mar 2008 - Sep 2020
Foreign Portfolio Investment: Debt Securities (USD mn) 1,616.928 Sep 2020 quarterly Mar 2008 - Sep 2020
External Debt (USD mn) 32,860.0 Mar 2021 quarterly Dec 2006 - Mar 2021
External Debt: % of GDP (%) 7.8 2020 yearly 1985 - 2020
External Debt: Short Term (USD mn) 310.7 2018 yearly 2008 - 2018
External Debt: Short Term: % of GDP (%) 0.1 2018 yearly 2008 - 2018
Forecast: Current Account Balance (USD bn) -8.103 2026 yearly 1980 - 2026
Net International Investment Position (USD mn) -85,210.476 2020 yearly 2005 - 2020
BoP: CF: Capital Account (USD mn) 0.000 Dec 2020 quarterly Mar 2008 - Dec 2020
BoP: CF: Financial Account: Assets: Portfolio Investment (USD mn) -0.430 Dec 2020 quarterly Mar 2008 - Dec 2020
BoP: CA: Services (USD mn) -3,224.303 Dec 2020 quarterly Mar 2008 - Dec 2020
BoP: CF: Financial Account: Assets: Other Investment (USD mn) -4,639.147 Dec 2020 quarterly Mar 2008 - Dec 2020
BoP: CF: Financial Account: Assets (USD mn) -5,776.675 Dec 2020 quarterly Mar 2008 - Dec 2020
BoP: CA: Income: Debit (USD mn) -1,820.631 Dec 2020 quarterly Mar 2008 - Dec 2020
BoP: Net Errors & Omission (USD mn) 8,636.254 Dec 2020 quarterly Mar 2008 - Dec 2020
BoP: CA: Services: Credit (USD mn) 1,078.776 Dec 2020 quarterly Mar 2008 - Dec 2020
BoP: CA: Goods: Debit (USD mn) -14,692.743 Dec 2020 quarterly Mar 2008 - Dec 2020
BoP: CA: Current Transfers: Credit (USD mn) 5,795.425 Dec 2020 quarterly Mar 2008 - Dec 2020
BoP: CF: Financial Account: Liabilities: Other Investment (USD mn) 2,442.781 Dec 2020 quarterly Mar 2008 - Dec 2020
BoP: CF: Financial Account: Assets: Reserves Assets (USD mn) -500.155 Dec 2020 quarterly Mar 2008 - Dec 2020
BoP: CF: Financial Account: Liabilities (USD mn) 2,404.952 Dec 2020 quarterly Mar 2008 - Dec 2020
BoP: CA: Income (USD mn) -1,430.746 Dec 2020 quarterly Mar 2008 - Dec 2020
BoP: CF: Financial Account: Assets: Direct Investment (USD mn) -636.943 Dec 2020 quarterly Mar 2008 - Dec 2020
BoP: CA: Services: Debit (USD mn) -4,303.079 Dec 2020 quarterly Mar 2008 - Dec 2020
BoP: CA: Current Transfers: Debit (USD mn) -154.729 Dec 2020 quarterly Mar 2008 - Dec 2020
BoP: CA: Goods: Credit (USD mn) 8,442.565 Dec 2020 quarterly Mar 2008 - Dec 2020
BoP: CA: Goods (USD mn) -6,250.178 Dec 2020 quarterly Mar 2008 - Dec 2020
BoP: CA: Current Transfers (USD mn) 5,640.697 Dec 2020 quarterly Mar 2008 - Dec 2020
BoP: CF: Financial Account: Liabilities: Portfolio Investment (USD mn) -476.529 Dec 2020 quarterly Mar 2008 - Dec 2020
BoP: CA: Income: Credit (USD mn) 389.885 Dec 2020 quarterly Mar 2008 - Dec 2020
BoP: CF: Financial Account (USD mn) -3,371.723 Dec 2020 quarterly Mar 2008 - Dec 2020
External Debt: Government (USD mn) 32,859.990 Mar 2021 quarterly Dec 2006 - Mar 2021
External Debt: Government: International Capital Market (USD mn) 10,368.350 Mar 2021 quarterly Mar 2011 - Mar 2021
External Debt: Service Payments (USD mn) 194.440 Dec 2018 quarterly Mar 2008 - Dec 2018
Capital Inflow: Foreign Direct Investment (USD) 52,654,783.060 Mar 2021 monthly Jan 2007 - Mar 2021
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 11.4 2018 yearly 2003 - 2018
Money Supply M1 (USD mn) 42,151.701 Apr 2021 monthly Nov 1992 - Apr 2021
Money Supply M2 (USD mn) 101,140.668 Apr 2021 monthly Nov 1992 - Apr 2021
M2 Growth (%) 20.1 Apr 2021 monthly Nov 1993 - Apr 2021
Reserve Requirement Ratio (%) 27.5 Apr 2021 monthly Nov 2005 - Apr 2021
Foreign Exchange Reserves (USD mn) 34,820.5 Mar 2021 monthly Jan 1960 - Mar 2021
Foreign Exchange Reserves: % of GDP (%) 8.298 Mar 2021 quarterly Dec 2010 - Mar 2021
Foreign Exchange Reserves: Months of Import (NA) 6.0 Mar 2021 monthly Jan 2003 - Mar 2021
Gold Reserves (USD mn) 0.062 Jan 2018 monthly Dec 1950 - Jan 2018
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) 115,893.7 Apr 2021 monthly Nov 1992 - Apr 2021
Domestic Credit Growth (%) 11.1 Apr 2021 monthly Nov 1993 - Apr 2021
Private Debt: % of Nominal GDP (%) 11.41 Sep 2020 quarterly Dec 2010 - Sep 2020
Monetary Survey: Liabilities: M3 (NGN mn) 35,345,802.020 Jun 2020 monthly Nov 1992 - Jun 2020
Monetary Survey: Liabilities: Base Money (NGN mn) 13,202,634.580 Apr 2021 monthly Jan 1993 - Apr 2021
Monetary Survey: Liabilities: M2 (NGN mn) 38,382,883.360 Apr 2021 monthly Nov 1992 - Apr 2021
Monetary Survey: Liabilities: M2: M1 (NGN mn) 15,996,570.460 Apr 2021 monthly Nov 1992 - Apr 2021
Monetary Survey: Liabilities: M2: Quasi Money (NGN mn) 22,386,312.900 Apr 2021 monthly Nov 1992 - Apr 2021
Non Performing Loans to Gross Loans (%) 9.335 Jun 2019 semiannually Dec 2003 - Jun 2019
Business and Economic Survey Last Frequency Range
Business Confidence: Net Balance (% Point) 2.5 Dec 2020 monthly Feb 2018 - Dec 2020
Business Confidence Growth (% Point) -22.4 Dec 2020 monthly Jul 2015 - Dec 2020

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