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
130th
of 150 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
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$, in 2020.
That places Nigeria 130th out of 150 countries with data for 2020, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Foreign liabilities per capita in Nigeria, year by year
| Year | real chained 2019 US$ | Change |
|---|---|---|
| 1995 | 6,917 real chained 2019 US$ | — |
| 1996 | 4,969 real chained 2019 US$ | -28.2% |
| 1997 | 4,454 real chained 2019 US$ | -10.4% |
| 1998 | 3,949 real chained 2019 US$ | -11.3% |
| 1999 | 3,674 real chained 2019 US$ | -7.0% |
| 2000 | 3,523 real chained 2019 US$ | -4.1% |
| 2001 | 2,932 real chained 2019 US$ | -16.8% |
| 2002 | 2,747 real chained 2019 US$ | -6.3% |
| 2003 | 2,576 real chained 2019 US$ | -6.2% |
| 2004 | 2,406 real chained 2019 US$ | -6.6% |
| 2005 | 1,992 real chained 2019 US$ | -17.2% |
| 2006 | 1,540 real chained 2019 US$ | -22.7% |
| 2007 | 1,725 real chained 2019 US$ | +12.0% |
| 2008 | 1,727 real chained 2019 US$ | +0.1% |
| 2009 | 1,722 real chained 2019 US$ | -0.3% |
| 2010 | 1,550 real chained 2019 US$ | -10.0% |
| 2011 | 1,607 real chained 2019 US$ | +3.7% |
| 2012 | 1,717 real chained 2019 US$ | +6.8% |
| 2013 | 1,809 real chained 2019 US$ | +5.4% |
| 2014 | 1,890 real chained 2019 US$ | +4.5% |
| 2015 | 1,670 real chained 2019 US$ | -11.7% |
| 2016 | 994.86 real chained 2019 US$ | -40.4% |
| 2017 | 876.26 real chained 2019 US$ | -11.9% |
| 2018 | 811.23 real chained 2019 US$ | -7.4% |
| 2019 | 772.61 real chained 2019 US$ | -4.8% |
| 2020 | 695.41 real chained 2019 US$ | -10.0% |
Nigeria compared with similar countries
- Nigeria's 695.41 real chained 2019 US$ is below the median for lower middle income countries, which is 1,555 real chained 2019 US$, 45% of the median. (38 countries reporting)
- Nigeria's 695.41 real chained 2019 US$ is below the median for Sub-Saharan Africa, which is 891.11 real chained 2019 US$, 78% of the median. (41 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4,793 real chained 2019 US$ | 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
More reference data data for Nigeria
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 1.77 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 19.51 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 27 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 2.62 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 27 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 5.94 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 5.8 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 81.9 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 121.16 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 14.27 (2050)
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 130th out of 150 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.
Download this data
CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).