Nigeria recorded a Government Debt to GDP of 52.90 percent of the country's Gross Domestic Product in 2024. Government Debt to GDP in Nigeria averaged 34.83 percent of GDP from 1990 until 2024, reaching an all time high of 75.00 percent of GDP in 1991 and a record low of 7.30 percent of GDP in 2008. source: IMF
Government Debt to GDP in Nigeria is expected to reach 52.60 percent of GDP by the end of 2025, 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 51.50 percent of GDP in 2026 and 49.00 percent of GDP in 2027, according to our econometric models.