Africa
High RiskLatest data: 2024 | Updated 2/2/2026
36.4%
57.3%
4.1%
$252.3B
Inflation: 33.2%
Debt Service Crisis
Nigeria spends 57.3% of government revenue on debt payments, leaving less than half for public services, infrastructure, and development. This level is widely regarded as unsustainable.
High Inflation
Nigeria's inflation rate of 33.2% is severely eroding purchasing power, disproportionately affecting the poorest households and undermining macroeconomic stability.
High Distress Risk
Nigeria is rated at high risk of debt distress, indicating a significant probability of being unable to meet future debt obligations without corrective policy action or external support.
Negative Real Returns
Nigeria's GDP growth of 4.1% is not outpacing inflation at 33.2%, meaning the economy is shrinking in real per-capita terms and eroding the value of domestic investment.
External debt by creditor type
No composition data available
No historical data available