Nigeria - Subnational Government Liabilities 15.57B
World Bank LGBD (via DATA360) · updated 2026-10-15 · 14 economies tracked
Latest value
15.57B (2023)
Global rank
##7 of 14 economies
Share of global total
1.2%
Ranking Race — Subnational Government Liabilities
1 = global #1 · higher value ranks higher
NigeriaIndiaBrazilMexicoPoland
Real annual global ranks, 2016 - 2023. Nigeria climbed from #5 to #7 (overtook South Africa). Gaps in a lane = missing data that year.
Key events for Nigeria ↓Key Events — Nigeria
Auto-detected from rank data + curated milestones
2016Oil price recession curatedFirst recession in 25 years as crude prices collapse.
2019Overtook South Africa 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.
Subnational Government Liabilities, 2016-2023
World Bank LGBD (via DATA360) · local currency (XDC) · linear scale · ranking in the race above
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