Interest on domestic debt in Nigeria
Nigeria: Interest on domestic debt was 200.26 billion current LCU in 2005. ◆ Volatile
Interest on domestic debt in Nigeria, 1994–2005
Source: World Bank country economists. Measured in current LCU.
Analysis
The most recent figure for interest on domestic debt in Nigeria is 200.26 billion current LCU, measured in 2005. That is the highest value across all 12 years on record.
That represents a change of up 6.1% on the previous year and up 566.8% over ten years.
Over the whole period, interest on domestic debt in Nigeria peaked at 200.26 billion current LCU in 2005 and was at its lowest, 25.00 billion current LCU, in 1996.
That places Nigeria 6th out of 50 countries with data for 2005, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 40.51 billion current LCU | 25.00 billion current LCU | 84.03 billion current LCU | 6 |
| 2000s | 164.83 billion current LCU | 104.17 billion current LCU | 200.26 billion current LCU | 6 |
Countries ranked near Nigeria
More science & technology data for Nigeria
- Scientific and technical journal articles 9,799 (2023)
- Mobile phone subscriptions 164.65 million (2024)
- Mobile phone subscriptions per 100 people 70.76 per 100 people (2024)
- Mobile and landline phone subscriptions per 100 people 70.76 per 100 people (2024)
- Patent applications, nonresidents 598 (2020)
- Share of the population using the Internet 41.2% (2024)
- Patent applications, residents 410 (2020)
- Number of people using the Internet 77.60 million users (2021)
- Landline Internet subscriptions per 100 people 0.0787 per 100 people (2024)
- Landline Internet subscriptions 183,207 (2024)
Frequently asked questions
- What is interest on domestic debt in Nigeria?
- Interest on domestic debt in Nigeria was 200.26 billion current LCU in 2005, according to World Bank country economists.
- What is the highest interest on domestic debt recorded in Nigeria?
- The highest recorded value was 200.26 billion current LCU in 2005.
- What is the lowest interest on domestic debt recorded in Nigeria?
- The lowest recorded value was 25.00 billion current LCU in 1996.
- How does Nigeria rank for interest on domestic debt?
- Nigeria ranks 6th out of 50 countries with data for 2005.
- Is interest on domestic debt rising or falling in Nigeria?
- Over the last ten years it is up 566.8%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from World Bank country economists, published as part of Interest on domestic debt (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 12 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Interest on domestic debt. Data are in current local currency.