Nigeria Public External Debt - Forecast

External Debt in Nigeria is expected to be 16581.16 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 16330.41 in 12 months time. In the long-term, the Nigeria Public External Debt is projected to trend around 16337.50 USD Million in 2020, according to our econometric models.


Nigeria Public External Debt
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Nigeria Trade Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Balance of Trade 761029 495572 313416 -37000 258840 -176000
Exports 1398471 1200713 1163022 400000 1172773 451000
Imports 637442 705141 849606 437000 913933 627000
Current Account 3656 1854 1854 2560 1854 3041
Current Account to GDP -1.8 2.2 2.2 2.2 3.2 4.4
Terms of Trade 110 98.74 98.74 102 98.74 107
Foreign Direct Investment 960 1074 1134 948 1187 1160
Capital Flows -3859 3724 3724 -1730 3724 2945
Gold Reserves 21.4 21.4 21.4 21.4 21.4 21.4
Crude Oil Production 1686 1645 1559 1540 1579 1620
External Debt 18913 16581 16263 16361 16330 16338
Terrorism Index 9.01 9.3 9.31 9.2 9.2 8.9