Nigeria Forecast: Government Net Debt

1990 - 2027 | Yearly | NGN bn | International Monetary Fund

Key information about Nigeria Forecast: Government Net Debt

  • Nigeria Government Net Debt is forecasted to be 78,465.981 NGN bn in Dec 2022 as reported by International Monetary Fund.
  • It records an increase from the last reported number of 65,140.626 NGN bn in Dec 2021.
  • Looking ahead, Nigeria Government Net Debt is projected to stand at 173,827.955 NGN bn in Dec 2027.
  • The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: General Government Gross Debt.

View Nigeria's Forecast: Government Net Debt from 1990 to 2027 in the chart:

Nigeria Forecast: Government Net Debt

What is Nigeria's Forecast: Government Net Debt in 2027?

Nigeria Government Net Debt is forecasted to be 78,465.981 NGN bn in Dec 2022 as reported by International Monetary Fund. See the table below for more data.

Last Previous Min Max Unit Frequency Range
173,827.955 2027 148,822.736 2026 358.177 1990 173,827.955 2027 NGN bn yearly 1990 - 2027

Forecast: Government Net Debt by Country Comparison

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Includes Forecast: Government Net Debt on 189 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Afghanistan (AFA bn) 0.000 yearly -
Albania (ALL bn) 1,747.269 2027 yearly 1997 - 2027
Algeria (DZD bn) 32,252.051 2027 yearly 1991 - 2027
Angola (AOA bn) 34,567.869 2027 yearly 2000 - 2027
Antigua and Barbuda (XCD bn) 4.100 2027 yearly 1990 - 2027
Argentina (ARS bn) 179,437.957 2027 yearly 1992 - 2027
Armenia (AMD bn) 6,537.571 2027 yearly 1996 - 2027
Australia (AUD bn) 1,717.679 2027 yearly 1989 - 2027
Austria (EUR bn) 379.827 2027 yearly 1988 - 2027
Azerbaijan (AZN bn) 26.125 2027 yearly 1995 - 2027
Bahamas (BSD bn) 13.196 2027 yearly 1990 - 2027
Bahrain (BHD bn) 25.321 2027 yearly 1990 - 2027
Bangladesh (BDT bn) 26,363.886 2027 yearly 2003 - 2027
Barbados (BBD bn) 12.865 2028 yearly 1995 - 2028
Belarus (BYN bn) 125.643 2027 yearly 2004 - 2027
Belgium (EUR bn) 747.028 2027 yearly 1980 - 2027
Belize (BZD bn) 4.122 2023 yearly 2001 - 2023
Benin (XOF bn) 6,718.225 2027 yearly 1998 - 2027
Bhutan (BTN bn) 371.678 2027 yearly 1993 - 2027
Bolivia (BOB bn) 350.691 2027 yearly 2000 - 2027
Bosnia and Herzegovina (BAM bn) 15.759 2027 yearly 1998 - 2027
Botswana (BWP bn) 53.135 2028 yearly 1999 - 2028
Brazil (BRL bn) 11,683.795 2027 yearly 2000 - 2027
Brunei (BND bn) 0.473 2027 yearly 1980 - 2027
Bulgaria (BGN bn) 46.456 2027 yearly 1998 - 2027
Burkina Faso (XOF bn) 7,789.813 2027 yearly 2002 - 2027
Burundi (BIF bn) 7,263.625 2027 yearly 2000 - 2027
Cambodia (KHR bn) 81,313.343 2027 yearly 1996 - 2027
Cameroon (XAF bn) 11,767.259 2027 yearly 1998 - 2027
Canada (CAD bn) 2,927.597 2027 yearly 1980 - 2027
Cape Verde (CVE bn) 337.789 2027 yearly 1997 - 2027
Central African Republic (XAF bn) 849.036 2027 yearly 1997 - 2027
Chad (XAF bn) 2,514.184 2027 yearly 1999 - 2027
Chile (CLP bn) 125,948.464 2027 yearly 1991 - 2027
China (RMB bn) 166,557.463 2027 yearly 1995 - 2027
Colombia (COP bn) 980,686.993 2027 yearly 1996 - 2027
Comoros (KMF bn) 265.706 2027 yearly 1984 - 2027
Congo (XAF bn) 5,623.453 2027 yearly 1989 - 2027
Costa Rica (CRC bn) 36,995.059 2027 yearly 1996 - 2027
Croatia (HRK bn) 409.484 2027 yearly 1998 - 2027
Cyprus (EUR bn) 24.245 2027 yearly 1995 - 2027
Czech Republic (CZK bn) 3,564.195 2027 yearly 1995 - 2027
Democratic Republic of Congo (CDF bn) 8,469.594 2027 yearly 2000 - 2027
Denmark (DKK bn) 1,081.648 2027 yearly 1992 - 2027
Djibouti (DJF bn) 492.612 2027 yearly 2009 - 2027
Dominica (XCD bn) 1.331 2025 yearly 1990 - 2025
Dominican Republic (DOP bn) 5,154.361 2027 yearly 1997 - 2027
Ecuador (USD bn) 66.075 2021 yearly 2001 - 2021
Egypt (EGP bn) 11,469.333 2027 yearly 1998 - 2027
El Salvador (SVC bn) 38.520 2027 yearly 1991 - 2027
Equatorial Guinea (XAF bn) 1,957.754 2027 yearly 1980 - 2027
Eritrea (ERN bn) 56.524 2027 yearly 2000 - 2027
Estonia (EUR bn) 12.832 2027 yearly 1995 - 2027
Swaziland (SZL bn) 37.787 2028 yearly 1994 - 2028
Ethiopia (ETB bn) 3,383.557 2025 yearly 1992 - 2025
Fiji (FJD bn) 11.730 2027 yearly 1992 - 2027
Finland (EUR bn) 219.167 2027 yearly 1980 - 2027
France (EUR bn) 3,491.922 2027 yearly 1980 - 2027
Gabon (XAF bn) 6,216.828 2027 yearly 1990 - 2027
Gambia (GMD bn) 108.514 2027 yearly 2000 - 2027
Georgia (GEL bn) 43.645 2027 yearly 2000 - 2027
Germany (EUR bn) 2,692.894 2027 yearly 1991 - 2027
Ghana (GHS bn) 885.914 2027 yearly 1990 - 2027
Greece (EUR bn) 380.034 2027 yearly 1980 - 2027
Grenada (XCD bn) 2.072 2027 yearly 1991 - 2027
Guatemala (GTQ bn) 302.087 2027 yearly 2000 - 2027
Guinea (GNF bn) 150,062.650 2027 yearly 1990 - 2027
Guinea-Bissau (GWP bn) 948.970 2027 yearly 1997 - 2027
Guyana (GYD bn) 762.277 2027 yearly 1997 - 2027
Haiti (HTG bn) 941.046 2027 yearly 1997 - 2027
Honduras (HNL bn) 447.885 2027 yearly 1990 - 2027
Hong Kong SAR, China (HKD bn) 203.249 2028 yearly 2005 - 2028
Hungary (HUF bn) 55,218.112 2027 yearly 1995 - 2027
Iceland (ISK bn) 2,511.572 2027 yearly 1982 - 2027
India (INR bn) 390,692.437 2028 yearly 1992 - 2028
Indonesia (IDR bn) 11,623,192.190 2027 yearly 2000 - 2027
Iran (IRR bn) 118,430,357.100 2028 yearly 1997 - 2028
Iraq (IQD bn) 108,058.721 2027 yearly 2004 - 2027
Ireland (EUR bn) 249.905 2027 yearly 1990 - 2027
Israel (ILS bn) 1,433.325 2027 yearly 2000 - 2027
Italy (EUR bn) 3,089.965 2027 yearly 1988 - 2027
Ivory Coast (XOF bn) 30,313.894 2027 yearly 1997 - 2027
Jamaica (JMD bn) 2,139.791 2028 yearly 2000 - 2028
Japan (JPY bn) 1,560,226.440 2027 yearly 1980 - 2027
Jordan (JOD bn) 32.654 2027 yearly 1988 - 2027
Kazakhstan (KZT bn) 52,643.741 2027 yearly 2002 - 2027
Kenya (KES bn) 13,813.335 2027 yearly 1998 - 2027
Kiribati (AUD bn) 0.214 2027 yearly 1988 - 2027
South Korea (KRW bn) 1,629,552.106 2027 yearly 1990 - 2027
Kosovo (EUR bn) 3.278 2027 yearly 2006 - 2027
Kuwait (KWD bn) 13.132 2027 yearly 1991 - 2027
Kyrgyzstan (KGS bn) 726.684 2027 yearly 2000 - 2027
Laos (LAK bn) 152,655.509 2022 yearly 2001 - 2022
Latvia (LVL bn) 18.147 2027 yearly 1998 - 2027
Lebanon (LBP bn) 144,108.000 2020 yearly 2000 - 2020
Lesotho (LSL bn) 23.116 2028 yearly 1989 - 2028
Liberia (LRD bn) 2.372 2027 yearly 2000 - 2027
Libya (LYD bn) 140.430 2021 yearly 1990 - 2021
Lithuania (LTL bn) 31.787 2027 yearly 1998 - 2027
Luxembourg (EUR bn) 25.511 2027 yearly 1995 - 2027

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Nigeria Key Series

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Includes 210 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 (%) -3.9 Dec 2020 quarterly Dec 2010 - Dec 2020
Consolidated Fiscal Balance (USD mn) -5,434.321 Dec 2021 quarterly Mar 2005 - Dec 2021
National Government Debt (USD mn) 88,421.5 Mar 2022 quarterly Dec 2006 - Mar 2022
Government Debt: % of GDP (%) 20.2 Dec 2021 quarterly Dec 2010 - Dec 2021
Forecast: Government Expenditure (NGN bn) 53,826.479 2027 yearly 1990 - 2027
Forecast: Government Net Debt (NGN bn) 173,827.955 2027 yearly 1990 - 2027
Forecast: Government Revenue (NGN bn) 28,821.587 2027 yearly 1990 - 2027
Gross Federation Account Revenue (NGN bn) 2,844.730 Dec 2021 quarterly Mar 2005 - Dec 2021
Federal Govt Expenditure: Capital (NGN bn) 745.710 Dec 2021 quarterly Mar 2005 - Dec 2021
Federal Govt Expenditure (NGN bn) 3,497.670 Dec 2021 quarterly Mar 2005 - Dec 2021
Federal Govt Balance (NGN bn) -2,232.330 Dec 2021 quarterly Mar 2005 - Dec 2021
Federal Govt Expenditure: Recurrent (NGN bn) 2,627.830 Dec 2021 quarterly Mar 2005 - Dec 2021
Federal Govt Revenue (NGN bn) 1,265.340 Dec 2021 quarterly Mar 2005 - Dec 2021
Gross Federation Account Revenue: Oil (NGN bn) 1,115.170 Dec 2021 quarterly Mar 2005 - Dec 2021
Government Debt: Domestic (NGN bn) 20,144.028 Mar 2022 quarterly Dec 2005 - Mar 2022
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 1.626 2027 yearly 1991 - 2027
Trade Balance (USD mn) 2,336.0 Mar 2022 monthly Jan 2003 - Mar 2022
Total Exports (USD mn) 6,746.6 Mar 2022 monthly Jan 2003 - Mar 2022
Total Exports Growth (%) 153.9 Mar 2022 monthly Jan 2004 - Mar 2022
Aluminum: Exports (USD th) 89,277.166 2020 yearly 1995 - 2020
Exports: Medicament (USD th) 1,579.306 2020 yearly 1995 - 2020
Exports: Medicinal and Pharmaceutical Product (USD th) 585.807 2020 yearly 1995 - 2020
Total Imports (USD mn) 4,410.6 Mar 2022 monthly Jan 2003 - Mar 2022
Total Imports Growth (%) -7.3 Mar 2022 monthly Jan 2004 - Mar 2022
Imports: Medicament (USD th) 916,159.669 2020 yearly 1995 - 2020
Imports: Medicinal and Pharmaceutical Product (USD th) 417,523.499 2020 yearly 1995 - 2020
Total Exports to USA (USD mn) 415.182 Mar 2022 monthly Jan 2003 - Mar 2022
Total Imports from USA (USD mn) 322.312 Mar 2022 monthly Dec 2009 - Mar 2022
Total Exports to China (USD mn) 46.245 Mar 2022 monthly Jan 2007 - Mar 2022
Total Imports from China (USD mn) 1,423.512 Dec 2021 monthly Jan 2007 - Dec 2021
Total Trade (NGN mn) 4,639,517.168 Mar 2022 monthly Jan 2003 - Mar 2022
Exports: Crude Oil (NGN mn) 2,209,623.002 Mar 2022 monthly Jan 2003 - Mar 2022
Imports (NGN mn) 1,834,067.441 Mar 2022 monthly Jan 2003 - Mar 2022
Exports: Europe: ow Netherlands (NGN mn) 279,127.005 Mar 2022 monthly Jan 2003 - Mar 2022
Exports (NGN mn) 2,805,449.727 Mar 2022 monthly Jan 2003 - Mar 2022
Exports: Europe: ow UK (NGN mn) 75,924.032 Mar 2022 monthly Jan 2003 - Mar 2022
Exports: America: ow USA (NGN mn) 172,645.951 Mar 2022 monthly Jan 2003 - Mar 2022
Imports: Asia: ow China (NGN mn) 531,343.215 Mar 2022 monthly Jan 2007 - Mar 2022
Imports: America: ow USA (NGN mn) 134,027.678 Mar 2022 monthly Jan 2003 - Mar 2022
Imports: Europe: ow Netherlands (NGN mn) 102,706.239 Mar 2022 monthly Jan 2003 - Mar 2022
Imports: Europe: ow Germany (NGN mn) 42,882.036 Mar 2022 monthly Jan 2003 - Mar 2022
Imports: Europe: ow UK (NGN mn) 44,920.190 Mar 2022 monthly Jan 2003 - Mar 2022
Exports: Vegetable Products (NGN mn) 259,305.350 2021 yearly 2003 - 2021
Exports: Plastic and Articles Thereof, Rubber and Articles Thereof (NGN mn) 44,635.113 2021 yearly 2003 - 2021
Exports: Mineral Products (NGN mn) 16,910,118.786 2021 yearly 2003 - 2021
Imports: Chemicals and Chemical Products (NGN mn) 308,561.620 Mar 2022 monthly Jan 2003 - Mar 2022
Imports: Mineral Fuels, Lubricants and Related Materials (NGN mn) 338,220.193 Mar 2022 monthly Jan 2003 - Mar 2022
Imports: Manufactured Goods (NGN mn) 175,513.767 Mar 2022 monthly Jan 2003 - Mar 2022
Imports: Food and Live Animals (NGN mn) 245,235.157 Mar 2022 monthly Jan 2003 - Mar 2022
Imports: Machinery and Transport Equipment (NGN mn) 605,003.903 Mar 2022 monthly Jan 2003 - Mar 2022
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 822.3 Sep 2021 quarterly Mar 2008 - Sep 2021
Current Account Balance (USD mn) 3,680.3 Sep 2021 quarterly Mar 2008 - Sep 2021
Current Account Balance: % of GDP (%) 3.3 Sep 2021 quarterly Mar 2008 - Sep 2021
Foreign Direct Investment (USD mn) -8.7 Sep 2021 quarterly Mar 2008 - Sep 2021
Foreign Direct Investment: % of GDP (%) -0.0 Sep 2021 quarterly Mar 2010 - Sep 2021
Foreign Portfolio Investment (USD mn) 7,457.719 Sep 2021 quarterly Mar 2008 - Sep 2021
Foreign Portfolio Investment: % of GDP (%) 6.8 Sep 2021 quarterly Mar 2010 - Sep 2021
Foreign Portfolio Investment: Equity Securities (USD mn) 81.8 Sep 2021 quarterly Mar 2008 - Sep 2021
Foreign Portfolio Investment: Debt Securities (USD mn) 7,375.945 Sep 2021 quarterly Mar 2008 - Sep 2021
External Debt (USD mn) 39,969.2 Mar 2022 quarterly Dec 2006 - Mar 2022
External Debt: % of GDP (%) 8.8 2021 yearly 1985 - 2021
External Debt: Short Term (USD mn) 0.1 2019 yearly 2008 - 2019
External Debt: Short Term: % of GDP (%) 0.0 2019 yearly 2008 - 2019
Forecast: Current Account Balance (USD bn) -6.402 2027 yearly 1980 - 2027
Net International Investment Position (USD mn) -75,228.078 2021 yearly 2005 - 2021
BoP: CF: Financial Account: Assets (USD mn) -9,308.112 Sep 2021 quarterly Mar 2008 - Sep 2021
BoP: CA: Income: Debit (USD mn) -2,618.990 Sep 2021 quarterly Mar 2008 - Sep 2021
BoP: Net Errors & Omission (USD mn) -6,253.815 Sep 2021 quarterly Mar 2008 - Sep 2021
BoP: CA: Services: Credit (USD mn) 917.177 Sep 2021 quarterly Mar 2008 - Sep 2021
BoP: CA: Goods: Debit (USD mn) -10,884.367 Sep 2021 quarterly Mar 2008 - Sep 2021
BoP: CA: Current Transfers: Credit (USD mn) 6,553.759 Sep 2021 quarterly Mar 2008 - Sep 2021
BoP: CF: Financial Account: Liabilities: Other Investment (USD mn) 4,432.631 Sep 2021 quarterly Mar 2008 - Sep 2021
BoP: CF: Financial Account: Assets: Reserves Assets (USD mn) -5,283.967 Sep 2021 quarterly Mar 2008 - Sep 2021
BoP: CF: Financial Account: Liabilities (USD mn) 11,881.648 Sep 2021 quarterly Mar 2008 - Sep 2021
BoP: CA: Goods (USD mn) 1,765.909 Sep 2021 quarterly Mar 2008 - Sep 2021
BoP: CA: Current Transfers (USD mn) 6,458.983 Sep 2021 quarterly Mar 2008 - Sep 2021
BoP: CF: Financial Account: Liabilities: Portfolio Investment (USD mn) 7,457.719 Sep 2021 quarterly Mar 2008 - Sep 2021
BoP: CA: Income: Credit (USD mn) 587.982 Sep 2021 quarterly Mar 2008 - Sep 2021
BoP: CF: Financial Account (USD mn) 2,573.536 Sep 2021 quarterly Mar 2008 - Sep 2021
BoP: CA: Income (USD mn) -2,031.008 Sep 2021 quarterly Mar 2008 - Sep 2021
BoP: CF: Financial Account: Assets: Direct Investment (USD mn) -822.340 Sep 2021 quarterly Mar 2008 - Sep 2021
BoP: CA: Services: Debit (USD mn) -3,430.782 Sep 2021 quarterly Mar 2008 - Sep 2021
BoP: CA: Current Transfers: Debit (USD mn) -94.776 Sep 2021 quarterly Mar 2008 - Sep 2021
BoP: CA: Goods: Credit (USD mn) 12,650.276 Sep 2021 quarterly Mar 2008 - Sep 2021
BoP: CF: Capital Account (USD mn) 0.000 Sep 2021 quarterly Mar 2008 - Sep 2021
BoP: CF: Financial Account: Assets: Portfolio Investment (USD mn) 2.464 Sep 2021 quarterly Mar 2008 - Sep 2021
BoP: CA: Services (USD mn) -2,513.605 Sep 2021 quarterly Mar 2008 - Sep 2021
BoP: CF: Financial Account: Assets: Other Investment (USD mn) -3,204.269 Sep 2021 quarterly Mar 2008 - Sep 2021
External Debt: Government (USD mn) 38,391.320 Dec 2021 quarterly Dec 2006 - Dec 2021
External Debt: Service Payments (USD mn) 194.440 Dec 2018 quarterly Mar 2008 - Dec 2018
External Debt: Government: International Capital Market (USD mn) 14,368.350 Dec 2021 quarterly Mar 2011 - Dec 2021
Capital Inflow: Foreign Direct Investment (USD) 52,666,629.000 Feb 2022 monthly Jan 2007 - Feb 2022
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) 49,640.147 May 2022 monthly Nov 1992 - May 2022
Money Supply M2 (USD mn) 116,960.075 May 2022 monthly Nov 1992 - May 2022
M2 Growth (%) 25.5 May 2022 monthly Nov 1993 - May 2022
Reserve Requirement Ratio (%) 27.5 Jun 2022 monthly Nov 2005 - Jun 2022
Foreign Exchange Reserves (USD mn) 38,483.7 May 2022 monthly Jan 1960 - May 2022
Foreign Exchange Reserves: % of GDP (%) 9.028 Mar 2022 quarterly Dec 2010 - Mar 2022
Foreign Exchange Reserves: Months of Import (NA) 9.0 Mar 2022 monthly Jan 2003 - Mar 2022
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) 136,010.4 May 2022 monthly Nov 1992 - May 2022
Domestic Credit Growth (%) 26.4 May 2022 monthly Nov 1993 - May 2022
Private Debt: % of Nominal GDP (%) 12.23 Dec 2021 quarterly Dec 2010 - Dec 2021
Monetary Survey: Liabilities: Base Money (NGN mn) 14,534,947.970 May 2022 monthly Jan 1993 - May 2022
Monetary Survey: Liabilities: M2 (NGN mn) 48,555,975.140 May 2022 monthly Nov 1992 - May 2022
Monetary Survey: Liabilities: M2: M1 (NGN mn) 20,608,106.850 May 2022 monthly Nov 1992 - May 2022
Monetary Survey: Liabilities: M2: Quasi Money (NGN mn) 27,947,868.290 May 2022 monthly Nov 1992 - May 2022
Monetary Survey: Liabilities: M3 (NGN mn) 35,345,802.020 Jun 2020 monthly Nov 1992 - Jun 2020
Non Performing Loans to Gross Loans (%) 6.020 Dec 2020 semiannually Dec 2003 - Dec 2020
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) 13.0 Jan 2022 monthly Jul 2015 - Jan 2022

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