Government Debt to GDP in Nigeria increased to 29.10 percent in 2019 from 27.60 percent in 2018. source: IMF
Government Debt to GDP in Nigeria averaged 33.41 percent from 1990 until 2019, reaching an all time high of 75 percent in 1991 and a record low of 7.30 percent in 2008. This page provides the latest reported value for - Nigeria Government Debt to GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Nigeria Government Debt to GDP - values, historical data and charts - was last updated on December of 2020.
Government Debt to GDP in Nigeria is expected to reach 35.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Nigeria Government Debt to GDP is projected to trend around 35.50 percent in 2021 and 36.00 percent in 2022, according to our econometric models.