External Debt in Nigeria increased to 31477.14 USD Million in the second quarter of 2020 from 27665.66 USD Million in the first quarter of 2020.
External Debt in Nigeria averaged 16542.49 USD Million from 2000 until 2020, reaching an all time high of 37267.68 USD Million in the third quarter of 2004 and a record low of 3287.73 USD Million in the first quarter of 2007. This page provides - Nigeria External Debt- actual values, historical data, forecast, chart, statistics, economic calendar and news. Nigeria Public External Debt - values, historical data and charts - was last updated on September of 2020. source: Central Bank of Nigeria (CBN)
External Debt in Nigeria is expected to be 30000.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate External Debt in Nigeria to stand at 34000.00 in 12 months time. In the long-term, the Nigeria Public External Debt is projected to trend around 35500.00 USD Million in 2021 and 36400.00 USD Million in 2022, according to our econometric models.