Nigeria - Total debt service

Total debt service (% of exports of goods, services and primary income)

Total debt service (% of exports of goods, services and primary income) in Nigeria was 13.36 as of 2020. Its highest value over the past 43 years was 38.04 in 1986, while its lowest value was 0.49 in 2013.

Definition: Total debt service to exports of goods, services and primary income. 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.

Source: World Bank, International Debt Statistics.

See also:

Year Value
1977 1.04
1978 1.28
1979 2.17
1980 4.15
1981 9.20
1982 16.23
1983 23.61
1984 32.94
1985 32.78
1986 38.04
1987 14.13
1988 30.37
1989 24.69
1990 22.60
1991 22.06
1992 18.57
1993 13.40
1994 18.95
1995 14.73
1996 13.14
1997 8.71
1998 13.07
1999 7.61
2000 8.76
2001 12.72
2002 8.06
2003 5.93
2004 4.47
2005 15.41
2006 10.98
2007 1.44
2008 0.76
2009 1.28
2010 1.50
2011 0.51
2012 1.34
2013 0.49
2014 5.27
2015 3.21
2016 6.28
2017 6.75
2018 7.88
2019 7.10
2020 13.36

Total debt service (% of GNI)

Total debt service (% of GNI) in Nigeria was 1.33 as of 2020. Its highest value over the past 50 years was 6.52 in 1990, while its lowest value was 0.10 in 2013.

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.

Source: World Bank, International Debt Statistics.

See also:

Year Value
1970 0.79
1971 1.11
1972 0.84
1973 1.62
1974 0.80
1975 0.99
1976 1.13
1977 0.39
1978 0.41
1979 0.83
1980 1.88
1981 1.10
1982 1.48
1983 2.66
1984 5.59
1985 6.09
1986 3.84
1987 2.20
1988 4.50
1989 5.05
1990 6.52
1991 6.31
1992 5.38
1993 5.87
1994 5.95
1995 4.38
1996 4.56
1997 2.71
1998 2.57
1999 1.85
2000 2.93
2001 3.61
2002 1.65
2003 1.68
2004 1.35
2005 5.41
2006 2.90
2007 0.38
2008 0.21
2009 0.27
2010 0.37
2011 0.14
2012 0.31
2013 0.10
2014 0.86
2015 0.34
2016 0.63
2017 0.97
2018 1.42
2019 1.18
2020 1.33

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: External debt