Nigeria - General Government Gross Debt (% of GDP) 35.48
World Bank · updated 2026-10-03 · 191 economies tracked
Global rank
##47 of 191 economies
Share of global total
0.3%
Ranking Race — General Government Gross Debt (% of GDP)
1 = global #1 · lower value ranks higher
NigeriaLiechtensteinBrunei DarussalamTuvaluTurkmenistan
Real annual global ranks, 1990 - 2025. Nigeria climbed from #18 to #47 (overtook Russian Federation). Gaps in a lane = missing data that year.
Key events for Nigeria ↓Key Events — Nigeria
Auto-detected from rank data + curated milestones
1999Fell 48 places in global rank auto
2002Climbed 15 places in global rank auto
2005Climbed 17 places in global rank auto
2016Oil price recession curatedFirst recession in 25 years as crude prices collapse.
2017Overtook Russian Federation in global rank auto
2020COVID-19 oil shock curatedDual pandemic and oil shock push GDP down.
2023Fuel subsidy removal curatedPetrol subsidy cut and currency reforms spark inflation.
2025Overtook Georgia in global rank auto
General Government Gross Debt (% of GDP), 1990-2025
World Bank · % of GDP · linear scale · ranking in the race above
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