Nigeria Public External Debt - Forecast

External Debt in Nigeria is expected to be 16169.33 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 16357.45 in 12 months time. In the long-term, the Nigeria Public External Debt is projected to trend around 15283.73 USD Million in 2020, according to our econometric models.


Nigeria Public External Debt
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Nigeria Trade Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Balance of Trade 589959 374004 331704 310272 -37000 -17600
Exports 1287245 1145759 1117244 1090044 400000 451000
Imports 697286 706973 693499 667678 437000 627000
Current Account 2293 2098 2302 2282 2560 3041
Current Account to GDP -1.8 2.2 2.2 0.16 2.2 4.4
Terms of Trade 102 98.75 98.74 98.74 102 107
Foreign Direct Investment 798 1061 1074 1134 948 1160
Capital Flows 3107 -810 -1298 36.8 -1730 2945
Gold Reserves 21.37 21.37 21.37 21.37 21.37 21.37
Crude Oil Production 1636 1654 1680 1698 1540 1620
External Debt 15352 16169 16295 16354 16357 15284
Terrorism Index 9.01 9.3 9.3 9.31 9.2 8.9