Nigeria: Short-term government debt
* indicates monthly or quarterly data series
| Nigeria |
Short-term government debt, percent of total |
|---|---|
| Latest value | 10.25 |
| Year | 2024 |
| Measure | percent |
| Data availability | 2011 - 2024 |
| Average | 4.65 |
| Min - Max | 2.10 - 10.25 |
| Source | The World Bank |
| Available for | Data download |
The latest value from 2024 is 10.25 percent, an increase from 2.1 percent in 2023. In comparison, the world average is 8.06 percent, based on data from 131 countries. Historically, the average for Nigeria from 2011 to 2024 is 4.65 percent. The minimum value, 2.1 percent, was reached in 2023 while the maximum of 10.25 percent was recorded in 2024.
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* indicates monthly or quarterly data series
| Recent values | Nigeria: Short-term government debt |
|---|---|
| 2024 | 10.25 |
| 2023 | 2.10 |
| 2022 | 2.12 |
| 2021 | 2.74 |
| 2020 | 5.66 |
| 2019 | 6.83 |
| 2018 | 6.94 |
| 2017 | 5.91 |
Definition: General government debt with maturity of twelve months or less as percent of total government debt. Source: 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.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Fiscal balance, percent of GDP | -1.57 | 2024 | percent |
| Primary budget balance | 0.90 | 2024 | percent |
| Government expenditure | 2,734.64 | Q4/2023 | billion |
| Foreign aid | 3,596.40 | 2023 | million U.S. dollars |
| Government debt | 39.33 | 2024 | percent |
| Government debt in foreign currency, percent | 33.98 | 2019 | percent |
| Government debt held by non-residents | 33.98 | 2019 | percent |
| Sovereign debt average maturity | 8.72 | 2024 | percent |
| Short-term government debt | 10.25 | 2024 | percent |