Foreign liabilities per capita in Nigeria

Nigeria: Foreign liabilities per capita was 695.41 real chained 2019 US$ in 2020. ◆ Volatile

Latest (2020)
695.41 real chained 2019 US$
Change on year
down 10.0%
World rank
129th
of 149 countries
All-time high
6,917 real chained 2019 US$
in 1995
All-time low
695.41 real chained 2019 US$
in 2020
Years of data
26
1995–2020

Foreign liabilities per capita in Nigeria, 1995–2020

02.0k4.0k6.0k1995200720201995: 6.9k real chained 2019 US$1996: 5.0k real chained 2019 US$1997: 4.5k real chained 2019 US$1998: 3.9k real chained 2019 US$1999: 3.7k real chained 2019 US$2000: 3.5k real chained 2019 US$2001: 2.9k real chained 2019 US$2002: 2.7k real chained 2019 US$2003: 2.6k real chained 2019 US$2004: 2.4k real chained 2019 US$2005: 2.0k real chained 2019 US$2006: 1.5k real chained 2019 US$2007: 1.7k real chained 2019 US$2008: 1.7k real chained 2019 US$2009: 1.7k real chained 2019 US$2010: 1.6k real chained 2019 US$2011: 1.6k real chained 2019 US$2012: 1.7k real chained 2019 US$2013: 1.8k real chained 2019 US$2014: 1.9k real chained 2019 US$2015: 1.7k real chained 2019 US$2016: 994.9 real chained 2019 US$2017: 876.3 real chained 2019 US$2018: 811.2 real chained 2019 US$2019: 772.6 real chained 2019 US$2020: 695.4 real chained 2019 US$

Source: World Bank. Measured in real chained 2019 US$.

Analysis

Nigeria recorded 695.41 real chained 2019 US$ for foreign liabilities per capita in 2020. That is the lowest value across all 26 years on record.

Compared with earlier readings it is down 10.0% on the previous year and down 55.1% over ten years.

Over the whole period, foreign liabilities per capita in Nigeria peaked at 6,917 real chained 2019 US$ in 1995 and was at its lowest, 695.41 real chained 2019 US$, in 2020.

That places Nigeria 129th out of 149 countries with data for 2020, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s 4,793 real chained 2019 US$ 3,674 real chained 2019 US$ 6,917 real chained 2019 US$ 5
2000s 2,289 real chained 2019 US$ 1,540 real chained 2019 US$ 3,523 real chained 2019 US$ 10
2010s 1,370 real chained 2019 US$ 772.61 real chained 2019 US$ 1,890 real chained 2019 US$ 10
2020s 695.41 real chained 2019 US$ 695.41 real chained 2019 US$ 695.41 real chained 2019 US$ 1

Countries ranked near Nigeria

  1. 126 Gambia 806.48 real chained 2019 US$ compare
  2. 127 Chad 796.23 real chained 2019 US$ compare
  3. 128 Guinea-Bissau 746.67 real chained 2019 US$ compare
  4. 130 Niger 678.93 real chained 2019 US$ compare
  5. 131 Uganda 666.86 real chained 2019 US$ compare
  6. 132 Rwanda 666.14 real chained 2019 US$ compare

See the full ranking of 150 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 695.41 real chained 2019 US$ in 2020, according to the World Bank.
What is the highest foreign liabilities per capita recorded in Nigeria?
The highest recorded value was 6,917 real chained 2019 US$ in 1995.
What is the lowest foreign liabilities per capita recorded in Nigeria?
The lowest recorded value was 695.41 real chained 2019 US$ in 2020.
How does Nigeria rank for foreign liabilities per capita?
Nigeria ranks 129th out of 149 countries with data for 2020.
Is foreign liabilities per capita rising or falling in Nigeria?
Over the last ten years it is down 55.1%. The long-run trend across the full record is volatile.
Where does this Nigeria data come from?
The figures come from the World Bank, published as part of Foreign liabilities per capita (real chained 2019 US$). Statizoid updates them automatically from the source API.

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CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Foreign liabilities per capita (real chained 2019 US$)
Unit
real chained 2019 US$
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
150 places, 3,820 data points, 1995–2020
Last refreshed