🇳🇬 Nigeria National Debt Clock
Live tracker for Nigeria government debt. The national debt currently stands at approximately $128.7 billion, growing at $926 per second based on IMF fiscal deficit projections. Debt-to-GDP: 36%. Per-citizen share: $531.
Among the 135 governments tracked here, Nigeria ranks 107th by debt-to-GDP, 54th by total debt and 127th by debt per person.
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. One of Africa's largest economies, it leans heavily on oil income, exposing its finances to price swings.
Nigeria's debt-to-GDP ratio of 36% is low by international standards: higher than 21% of the 135 governments tracked here. No ratio is safe or dangerous on its own — whether a debt is sustainable depends on the interest rate on it, how fast the economy grows, the currency it is owed in and who holds it. By total government debt, Nigeria ranks 54th of the 135 governments tracked here.
At the current borrowing rate of $926 per second, Nigeria adds about $80 million to its government debt every day — roughly $29.2 billion per year. Each of Nigeria's 243 million residents carries an individual share of approximately $531. That is below the world average of roughly $14,600 in government debt per person.
Figures are computed by Global Debt Clock by linear extrapolation from each country's baseline figure, named in the source line on this page (for most countries, the IMF World Economic Outlook, October 2026). 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 $128.7 billion as of October 27, 2026, growing at $926 per second. Its debt-to-GDP ratio is 36% and each citizen's share is about $531.
How fast is Nigeria's debt growing?
Nigeria's government debt is growing at approximately $926 per second — about $80 million per day — derived from the IMF's projections for 2026.
What is Nigeria's debt per capita?
Each of Nigeria's 243 million residents carries a notional share of approximately $531 of the national debt.
What is Nigeria's debt-to-GDP ratio?
Nigeria's debt-to-GDP ratio is 36%. That is higher than 21% of the 135 governments tracked here.
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. One of Africa's largest economies, it 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
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Data & Citation
Source: IMF WEO October 2026 (GGXWDG, end-2025 stock) · baseline anchored .
Methodology: debt = 104,756,511,505 + 926 × seconds_since(2026-01-01)
Machine-readable data: /api/debt?c=ng (live JSON) · /data/debt.json (full dataset)
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