Nigeria: Government debt in foreign currency, percent

The latest value from 2019 is 33.98 percent, a decline from 34.31 percent in 2018. In comparison, the world average is 34.01 percent, based on data from 49 countries. Historically, the average for Nigeria from 2009 to 2019 is 19.89 percent. The minimum value, 13.46 percent, was reached in 2012 while the maximum of 34.31 percent was recorded in 2018. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: The percent of central government debt that is denominated in foreign currencies. The source for these data is: Kose, M. Ayhan, Sergio Kurlat, Franziska Ohnsorge, and Naotaka Sugawara. 2022. "A Cross-Country Database of Fiscal Space." Journal of International Money and Finance 128 (November): 102682.