Other domestic borrowing in Nigeria
Nigeria: Other domestic borrowing was 0 current LCU in 2002. ◆ Volatile
Other domestic borrowing in Nigeria, 1994–2002
Source: World Bank country economists. Measured in current LCU.
Analysis
Nigeria recorded 0 current LCU for other domestic borrowing in 2002.
The figure is down 100.0% over ten years.
Over the whole period, other domestic borrowing in Nigeria peaked at 21.62 billion current LCU in 1994 and was at its lowest, -10.72 billion current LCU, in 1995.
Nigeria ranks 25th of 50 countries on this measure, in the middle of the range.
Other domestic borrowing in Nigeria, year by year
| Year | current LCU | Change |
|---|---|---|
| 1994 | 21.62 billion current LCU | — |
| 1995 | -10.72 billion current LCU | -149.6% |
| 1996 | 9.95 billion current LCU | -192.9% |
| 1997 | 11.72 billion current LCU | +17.8% |
| 1998 | 11.64 billion current LCU | -0.7% |
| 1999 | -1.41 billion current LCU | -112.1% |
| 2000 | 12.00 billion current LCU | -953.5% |
| 2001 | 0 current LCU | -100.0% |
| 2002 | 0 current LCU | — |
Nigeria compared with similar countries
- Nigeria's 0 current LCU is below the median for lower middle income countries, which is 1.5 current LCU. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 7.14 billion current LCU | -10.72 billion current LCU | 21.62 billion current LCU | 6 |
| 2000s | 4.00 billion current LCU | 0 current LCU | 12.00 billion current LCU | 3 |
Countries ranked near Nigeria
- 22 Ghana 126.53 million current LCU compare
- 23 Botswana 7 current LCU compare
- 24 Zambia 3 current LCU compare
- 25 Comoros 0 current LCU compare
- 25 Democratic Republic of Congo 0 current LCU compare
- 25 Cote d'Ivoire 0 current LCU compare
- 25 Eritrea 0 current LCU
- 25 Ethiopia 0 current LCU compare
- 25 Mali 0 current LCU compare
- 25 Mauritius 0 current LCU compare
- 25 Mozambique 0 current LCU compare
More science & technology data for Nigeria
- Mobile landline subscriptions, per unit of GDP 0 units per US$ of GDP (2024)
- Mobile landline subscriptions, gaps filled 70.76 (2024)
- Mobile cellular subscriptions by country, per capita 0.7076 units per person (2024)
- Mobile cellular subscriptions by country, per unit of GDP 0.0007 units per US$ of GDP (2024)
- Mobile cellular subscriptions by country, gaps filled 164.65 million (2024)
- Mobile cellular subscriptions by country, per square kilometre 246.4 units per square kilometre (2023)
- Mobile landline subscriptions, annual growth rate -28.14 % change on previous year (2024)
- Mobile cellular subscriptions by country, annual growth rate -26.63 % change on previous year (2024)
- Scientific and technical journal articles 9,799 (2023)
- Scientific and technical journal articles, per capita 0 units per person (2023)
Frequently asked questions
- What is other domestic borrowing in Nigeria?
- Other domestic borrowing in Nigeria was 0 current LCU in 2002, according to World Bank country economists.
- What is the highest other domestic borrowing recorded in Nigeria?
- The highest recorded value was 21.62 billion current LCU in 1994.
- What is the lowest other domestic borrowing recorded in Nigeria?
- The lowest recorded value was -10.72 billion current LCU in 1995.
- How does Nigeria rank for other domestic borrowing?
- Nigeria ranks 25th out of 50 countries with data for 2002.
- Is other domestic borrowing rising or falling in Nigeria?
- Over the last ten years it is down 100.0%. 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 Other domestic borrowing (current LCU). Statizoid updates them automatically from the source API.
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About this data
Domestic financing (obtained from residents) 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 than those for currency issues or demand, time, or savings deposits with government--or claims on others held by government and changes in government holdings of cash and deposits. Government guarantees of the debt of others are excluded. Data are shown for central government only, and are in current local currency.