Algeria vs Nigeria: External borrowing, net
Algeria
-159.00 billion current LCU
in 2011
Nigeria
-160.61 billion current LCU
in 2005
Algeria rank
47th
Nigeria rank
48th
External borrowing, net over time
- Algeria
- Nigeria
How they compare
Algeria currently reports -159.00 billion current LCU against -160.61 billion current LCU in Nigeria, a difference of 1.61 billion current LCU.
The two have swapped places 2 times across 12 shared years of data; in 1994 it was Algeria ahead.
Algeria ranks 47th and Nigeria ranks 48th of 50 countries.
Algeria has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Algeria | Nigeria | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 25.22 billion current LCU | -57.90 billion current LCU | 83.12 billion current LCU | Algeria |
| 2000s | 23.70 billion current LCU | -166.86 billion current LCU | 190.56 billion current LCU | Algeria |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher external borrowing, net, Algeria or Nigeria?
- Algeria, at -159.00 billion current LCU against -160.61 billion current LCU in Nigeria as of 2011.
- What is the difference in external borrowing, net between Algeria and Nigeria?
- 1.61 billion current LCU, with Algeria ahead.
- How many years of comparable data are there for Algeria and Nigeria?
- 12 years are reported by both, from 1994 to 2005.
- How do Algeria and Nigeria rank globally for external borrowing, net?
- Algeria ranks 47th and Nigeria ranks 48th of 50 countries.
- Where does this data come from?
- World Bank country economists, published as External borrowing, net (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Financing from abroad (obtained from nonresidents) refer to the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. It includes all government liabilities--other. Data are in current local currency.