Guinea vs Nigeria: Total government debt
Total government debt over time
- Guinea
- Nigeria
How they compare
Guinea currently reports 15.46 trillion current LCU against 4.34 trillion current LCU in Nigeria, a difference of 11.12 trillion current LCU.
That makes Guinea's figure about 3.6 times Nigeria's.
The two have swapped places 2 times across 9 shared years of data; in 1994 it was Guinea ahead.
Guinea ranks 5th and Nigeria ranks 7th of 44 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 | 3.40 trillion current LCU | 1.79 trillion current LCU | 1.61 trillion current LCU | Guinea |
| 2000s | 4.89 trillion current LCU | 4.31 trillion current LCU | 571.51 billion current LCU | Guinea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher total government debt, Guinea or Nigeria?
- Guinea, at 15.46 trillion current LCU against 4.34 trillion current LCU in Nigeria as of 2011.
- What is the difference in total government debt between Guinea and Nigeria?
- 11.12 trillion current LCU, with Guinea ahead.
- How many years of comparable data are there for Guinea and Nigeria?
- 9 years are reported by both, from 1994 to 2002.
- How do Guinea and Nigeria rank globally for total government debt?
- Guinea ranks 5th and Nigeria ranks 7th of 44 countries.
- Where does this data come from?
- World Bank country economists, published as Total government debt (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year. Data are in current local currency.