Guinea vs Nigeria: External borrowing, net
Guinea
-238.46 billion current LCU
in 2011
Nigeria
-160.61 billion current LCU
in 2005
Guinea rank
49th
Nigeria rank
48th
External borrowing, net over time
- Guinea
- Nigeria
How they compare
Nigeria currently reports -160.61 billion current LCU against -238.46 billion current LCU in Guinea, a difference of 77.84 billion current LCU.
Across all 12 years both countries report, Guinea has been ahead every year.
Guinea ranks 49th and Nigeria ranks 48th of 50 countries.
Guinea has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Guinea | Nigeria | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 77.25 billion current LCU | -57.90 billion current LCU | 135.15 billion current LCU | Guinea |
| 2000s | 119.98 billion current LCU | -166.86 billion current LCU | 286.85 billion current LCU | Guinea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher external borrowing, net, Guinea or Nigeria?
- Nigeria, at -160.61 billion current LCU against -238.46 billion current LCU in Guinea as of 2005.
- What is the difference in external borrowing, net between Guinea and Nigeria?
- 77.84 billion current LCU, with Nigeria ahead.
- How many years of comparable data are there for Guinea and Nigeria?
- 12 years are reported by both, from 1994 to 2005.
- How do Guinea and Nigeria rank globally for external borrowing, net?
- Guinea ranks 49th 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.