Paying $1 every second would take 2,784 years to clear the balance.
DebtClock.io
National Debt of Nigeria
129,881,197,802,193 ₦
Updated: - Data from IMF/World Bank/ECB
Debt as % of GDP
46.77%
Latest year: 2024
Debt (nominal)
129,881,197,802,193 ₦
NGN / USD toggle below
GDP (nominal)
277,690,066,283,659 ₦
Latest year: 2024
Population
206,139,587
Latest year: 2024
Interest per Year
3,896,435,934,066 ₦
≈ 123,471 ₦ / second
Debt per Citizen
630,064 ₦
Based on latest pop
Inflation (CPI, %)
33.24%
Year: 2024
GDP growth (%, real)
3.43%
Year: 2024
Unemployment (%)
2.99%
Year: 2024
Budget balance (% GDP)
-
Year: -
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Historical Trends
Debt-to-GDP (%)
Inflation (CPI, %)
GDP growth (% real)
Unemployment (%)
Nigeria Economy Snapshot
The economy of Nigeria shows mixed signals, with a nominal GDP of 277.7 trillion ₦ and average income of about 1,347,097 ₦ per person. High inflation at 33.24%, while the economy posted solid growth of 3.43%. Very low unemployment around 2.99%. The current exchange rate is 0.00 USD/NGN.
| GDP (nominal) | 277,690,066,283,659 ₦ |
|---|---|
| GDP per capita | 1,347,097 ₦ |
| Inflation | 33.24% |
| GDP growth | 3.43% |
| Unemployment | 2.99% |
| FX (USD/NGN) | 0.00 |
Nigeria Economy Facts
Equivalent to 17,563,793,666 Big Macs to feed the planet several times over.
You could buy 19,515 Lamborghini Venenos and still have fuel money left.
