National debt of Nigeria in relation to gross domestic product (GDP) 2029
The ratio of national debt to gross domestic product (GDP) in Nigeria was forecast to increase between 2024 and 2029 by in total 0.2 percentage points. This overall increase does not happen continuously, notably not in 2026, 2027 and 2029. The ratio is estimated to amount to 46.77 percent in 2029. Notably, the ratio of national debt to gross domestic product (GDP) was continuously increasing over the past years.
The general government gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. Here it is depicted in relation to the country's GDP, which refers to the total value of goods and services produced during a year.
Find more key insights for the ratio of national debt to gross domestic product (GDP) in countries like Ghana, Cape Verde and Gambia.
The general government gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. Here it is depicted in relation to the country's GDP, which refers to the total value of goods and services produced during a year.
Find more key insights for the ratio of national debt to gross domestic product (GDP) in countries like Ghana, Cape Verde and Gambia.
