🇳🇬 Nigeria National Debt Clock
Live tracker for Nigeria government debt. The national debt currently stands at approximately $112.9 billion, growing at $476 every second based on IMF fiscal deficit projections. Debt-to-GDP: 53%. Per-citizen share: $513.
About Nigeria's National Debt
Nigeria's debt ratio is moderate, but debt-service costs absorb an unusually large share of government revenue because the tax base is small. Africa's largest economy leans heavily on oil income, exposing its finances to price swings.
Nigeria's debt-to-GDP ratio of 53% sits broadly within the range the IMF considers sustainable for an economy with sound institutions. By total government debt, Nigeria ranks 52nd of the 138 governments tracked here.
At the current borrowing rate of $476 per second, Nigeria adds about $0.0 billion to its national debt every day — roughly $15 billion per year. Each of Nigeria's 220 million citizens carries an individual share of approximately $513. That is below the world average of roughly $12,600 in government debt per person.
Figures are computed by Global Debt Clock using linear extrapolation from IMF general government gross debt baselines (Fiscal Monitor / WEO April 2026) and national treasury data. Actual debt changes through discrete bond issuances — these counters illustrate the approximate scale and pace of sovereign borrowing.
Nigeria National Debt — Frequently Asked Questions
What is Nigeria's national debt right now?
Nigeria's national debt is approximately $112.9 billion as of July 29, 2026, growing at $476 per second. Its debt-to-GDP ratio is 53% and each citizen's share is about $513.
How fast is Nigeria's debt growing?
Nigeria's government debt grows at approximately $476 per second — about $0.0 billion per day — derived from IMF fiscal-deficit projections anchored to the April 2026 baseline.
What is Nigeria's debt per capita?
Each of Nigeria's 220 million citizens carries a notional share of approximately $513 of the national debt.
What is Nigeria's debt-to-GDP ratio?
Nigeria's debt-to-GDP ratio is 53%. This is within a range generally considered fiscally sustainable.
Why is Nigeria's government debt at this level?
Nigeria's debt ratio is moderate, but debt-service costs absorb an unusually large share of government revenue because the tax base is small. Africa's largest economy leans heavily on oil income, exposing its finances to price swings.
Compare Nigeria vs another country
Live side-by-side debt comparisons — shareable cards for journalists and social.
Further reading
Other Africa countries
Data & Citation
Source: IMF World Economic Outlook · World Bank International Debt Statistics · baseline anchored .
Methodology: debt = 108,000,000,000 + 476 × seconds_since(2026-04-01)
Machine-readable data: /api/debt?c=ng (live JSON) · /data/debt.json (full dataset)
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