Foreign liabilities per capita in Nigeria

Nigeria: Foreign liabilities per capita was 789.92 current US$ in 2020. ▲ Rising

Latest (2020)
789.92 current US$
Change on year
up 2.2%
World rank
131st
of 151 countries
All-time high
1,030 current US$
in 2014
All-time low
380.19 current US$
in 1999
Years of data
26
1995–2020

Foreign liabilities per capita in Nigeria, 1995–2020

02505007501.0k1995200720201995: 435 current US$1996: 404 current US$1997: 393 current US$1998: 383.3 current US$1999: 380.2 current US$2000: 389.8 current US$2001: 385.6 current US$2002: 407.9 current US$2003: 436.1 current US$2004: 468.4 current US$2005: 457.1 current US$2006: 382.5 current US$2007: 451.6 current US$2008: 504.3 current US$2009: 566.1 current US$2010: 579.5 current US$2011: 665.9 current US$2012: 798.3 current US$2013: 912.3 current US$2014: 1.0k current US$2015: 992 current US$2016: 683.7 current US$2017: 701.7 current US$2018: 728.2 current US$2019: 772.6 current US$2020: 789.9 current US$

Source: World Bank. Measured in current US$.

Analysis

The most recent figure for foreign liabilities per capita in Nigeria is 789.92 current US$, measured in 2020.

That represents a change of up 2.2% on the previous year and up 36.3% over ten years.

Over the whole period, foreign liabilities per capita in Nigeria peaked at 1,030 current US$ in 2014 and was at its lowest, 380.19 current US$, in 1999.

Nigeria ranks 131st of 151 countries on this measure, in the bottom quarter.

The long-run direction has been consistently rising across the 26 years of available data.

Foreign liabilities per capita in Nigeria, year by year

Annual values for Foreign liabilities per capita (current US$) in Nigeria, 1995 to 2020.
Year current US$ Change
1995 435 current US$ —
1996 404 current US$ -7.1%
1997 393 current US$ -2.7%
1998 383.29 current US$ -2.5%
1999 380.19 current US$ -0.8%
2000 389.81 current US$ +2.5%
2001 385.64 current US$ -1.1%
2002 407.88 current US$ +5.8%
2003 436.15 current US$ +6.9%
2004 468.44 current US$ +7.4%
2005 457.12 current US$ -2.4%
2006 382.48 current US$ -16.3%
2007 451.59 current US$ +18.1%
2008 504.34 current US$ +11.7%
2009 566.15 current US$ +12.3%
2010 579.47 current US$ +2.4%
2011 665.9 current US$ +14.9%
2012 798.3 current US$ +19.9%
2013 912.29 current US$ +14.3%
2014 1,030 current US$ +12.9%
2015 992.01 current US$ -3.7%
2016 683.74 current US$ -31.1%
2017 701.74 current US$ +2.6%
2018 728.24 current US$ +3.8%
2019 772.61 current US$ +6.1%
2020 789.92 current US$ +2.2%

Nigeria compared with similar countries

  • Nigeria's 789.92 current US$ is below the median for lower middle income countries, which is 1,741 current US$, 45% of the median. (39 countries reporting)
  • Nigeria's 789.92 current US$ is below the median for Sub-Saharan Africa, which is 922.69 current US$, 86% of the median. (42 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 399.1 current US$ 380.19 current US$ 435 current US$ 5
2000s 444.96 current US$ 382.48 current US$ 566.15 current US$ 10
2010s 786.46 current US$ 579.47 current US$ 1,030 current US$ 10
2020s 789.92 current US$ 789.92 current US$ 789.92 current US$ 1

Countries ranked near Nigeria

  1. 128 Gambia 854.31 current US$ compare
  2. 129 Chad 822.06 current US$ compare
  3. 130 Guinea-Bissau 796.7 current US$ compare
  4. 132 Rwanda 731.76 current US$ compare
  5. 133 Niger 693.94 current US$ compare
  6. 134 Uganda 692.16 current US$ compare

See the full ranking of 151 places →

More reference data data for Nigeria

All data for Nigeria →

Frequently asked questions

What is foreign liabilities per capita in Nigeria?
Foreign liabilities per capita in Nigeria was 789.92 current US$ in 2020, according to the World Bank.
What is the highest foreign liabilities per capita recorded in Nigeria?
The highest recorded value was 1,030 current US$ in 2014.
What is the lowest foreign liabilities per capita recorded in Nigeria?
The lowest recorded value was 380.19 current US$ in 1999.
How does Nigeria rank for foreign liabilities per capita?
Nigeria ranks 131st out of 151 countries with data for 2020.
Is foreign liabilities per capita rising or falling in Nigeria?
Over the last ten years it is up 36.3%. The long-run trend across the full record is rising.
Where does this Nigeria data come from?
The figures come from the World Bank, published as part of Foreign liabilities per capita (current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Foreign liabilities per capita (current US$)
Unit
current US$
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
151 places, 3,851 data points, 1995–2020
Last refreshed