Central government debt, monetary system credit in Nigeria

Nigeria: Central government debt, monetary system credit was 879.37 billion current LCU in 2001. ▲ Rising

Latest (2001)
879.37 billion current LCU
Change on year
up 8.8%
World rank
5th
of 41 countries
All-time high
879.37 billion current LCU
in 2001
All-time low
290.27 billion current LCU
in 1996
Years of data
6
1996–2001

Central government debt, monetary system credit in Nigeria, 1996–2001

200.0B400.0B600.0B800.0B1996199820011996: 290.3B current LCU1997: 305.7B current LCU1998: 355.9B current LCU1999: 765.1B current LCU2000: 808.2B current LCU2001: 879.4B current LCU

Source: World Bank country economists. Measured in current LCU.

Analysis

Nigeria recorded 879.37 billion current LCU for central government debt, monetary system credit in 2001. That is the highest value across all 6 years on record.

The figure is up 8.8% on the previous year and up 202.9% over ten years.

Nigeria ranks 5th of 41 countries on this measure, in the top 10%.

Averages by decade

DecadeAverage LowestHighest Years
1990s 429.23 billion current LCU 290.27 billion current LCU 765.12 billion current LCU 4
2000s 843.80 billion current LCU 808.22 billion current LCU 879.37 billion current LCU 2

Countries ranked near Nigeria

  1. 2 Uganda 2.74 trillion current LCU compare
  2. 3 Algeria 1.60 trillion current LCU
  3. 4 South Africa 1.39 trillion current LCU compare
  4. 6 Sierra Leone 664.29 billion current LCU compare
  5. 7 Cameroon 534.17 billion current LCU compare
  6. 8 Kenya 419.12 billion current LCU compare

See the full ranking of 41 places →

More science & technology data for Nigeria

All data for Nigeria →

Frequently asked questions

What is central government debt, monetary system credit in Nigeria?
Central government debt, monetary system credit in Nigeria was 879.37 billion current LCU in 2001, according to World Bank country economists.
What is the highest central government debt, monetary system credit recorded in Nigeria?
The highest recorded value was 879.37 billion current LCU in 2001.
What is the lowest central government debt, monetary system credit recorded in Nigeria?
The lowest recorded value was 290.27 billion current LCU in 1996.
How does Nigeria rank for central government debt, monetary system credit?
Nigeria ranks 5th out of 41 countries with data for 2001.
Is central government debt, monetary system credit rising or falling in Nigeria?
Over the last ten years it is up 202.9%. The long-run trend across the full record is rising.
Where does this Nigeria data come from?
The figures come from World Bank country economists, published as part of Central government debt, monetary system credit (current LCU). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 6 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Central government debt, monetary system credit (current LCU)
Unit
current LCU
Source
World Bank country economists
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
41 places, 819 data points, 1965–2011
Last refreshed

Domestic debt consists of the outstanding stock or recognized, direct liabilities to the monetary system. Data are in current local currencies.