Equatorial Guinea vs Nigeria: External borrowing, net

Equatorial Guinea
-721.71 billion current LCU
in 2006
Nigeria
-160.61 billion current LCU
in 2005
Equatorial Guinea rank
50th
Nigeria rank
48th

External borrowing, net over time

  • Equatorial Guinea
  • Nigeria
-800.0B-600.0B-400.0B-200.0B0199420002006

How they compare

Nigeria currently reports -160.61 billion current LCU against -721.71 billion current LCU in Equatorial Guinea, a difference of 561.10 billion current LCU.

The two have swapped places 4 times across 12 shared years of data; in 1994 it was Equatorial Guinea ahead.

Equatorial Guinea ranks 50th and Nigeria ranks 48th of 50 countries.

Equatorial Guinea has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Equatorial Guinea Nigeria Difference Ahead
1990s -3.43 billion current LCU -57.90 billion current LCU 54.48 billion current LCU Equatorial Guinea
2000s -92.11 billion current LCU -166.86 billion current LCU 74.75 billion current LCU Equatorial Guinea

Averages of every year both report within each decade.

Frequently asked questions

Which has higher external borrowing, net, Equatorial Guinea or Nigeria?
Nigeria, at -160.61 billion current LCU against -721.71 billion current LCU in Equatorial Guinea as of 2005.
What is the difference in external borrowing, net between Equatorial Guinea and Nigeria?
561.10 billion current LCU, with Nigeria ahead.
How many years of comparable data are there for Equatorial Guinea and Nigeria?
12 years are reported by both, from 1994 to 2005.
How do Equatorial Guinea and Nigeria rank globally for external borrowing, net?
Equatorial Guinea ranks 50th 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

Indicator
External borrowing, net (current LCU)
Unit
current LCU
Source
World Bank country economists
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
50 places, 1,388 data points, 1965–2011
Last refreshed

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.