External Debt in Nigeria decreased to 26941.50 USD Million in the third quarter of 2019 from 27162.63 USD Million in the second quarter of 2019.

External Debt in Nigeria averaged 10276.46 USD Million from 2008 until 2019, reaching an all time high of 27162.63 USD Million in the second quarter of 2019 and a record low of 3627.50 USD Million in the first quarter of 2009. This page provides - Nigeria External Debt- actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Central Bank of Nigeria (CBN)

External Debt in Nigeria is expected to be 28400.00 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 33000.00 in 12 months time. In the long-term, the Nigeria Public External Debt is projected to trend around 36400.00 USD Million in 2020, according to our econometric models.


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Nigeria Public External Debt

Actual Previous Highest Lowest Dates Unit Frequency
26941.50 27162.63 27162.63 3627.50 2008 - 2019 USD Million Quarterly
NSA
Nigeria Trade Last Previous Highest Lowest Unit
Balance of Trade 1079173.44 133748.95 2177553.08 -622103.84 NGN Millions [+]
Current Account -2795.83 -2858.88 10383.67 -5695.27 USD Million [+]
Current Account to GDP 2.30 2.80 32.80 -18.70 percent [+]
Imports 1139813.10 1356107.90 2209385.78 167.88 NGN Millions [+]
Exports 2218986.50 1489856.90 2648881.76 322.93 NGN Millions [+]
Terms of Trade 101.00 102.60 160.25 49.48 points [+]
Foreign Direct Investment 909.54 1150.51 3084.90 314.44 USD Million [+]
Capital Flows 11354.43 -3297.03 20302.97 -15439.95 USD Million [+]
Gold Reserves 21.46 21.46 21.50 21.37 Tonnes [+]
Crude Oil Production 1780.00 1796.00 2475.00 675.00 BBL/D/1K [+]
External Debt 26941.50 27162.63 27162.63 3627.50 USD Million [+]
Terrorism Index 8.60 8.66 9.31 3.86 [+]
Remittances 5783.00 5916.57 6270.24 3836.61 USD Million [+]