Nigeria NG: External Debt: Stocks: % of GNI

Nigeria NG: External Debt: Stocks: % of GNI data was reported at 11.046 % in 2017. This records an increase from the previous number of 7.867 % for 2016. Nigeria NG: External Debt: Stocks: % of GNI data is updated yearly, averaging 21.531 % from Dec 1970 (Median) to 2017, with 48 observations. The data reached an all-time high of 228.372 % in 1993 and a record low of 3.771 % in 1976. Nigeria NG: External Debt: Stocks: % of GNI data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank.WDI: External Debt: Debt Outstanding, Debt Ratio and Debt Service. Total external debt stocks to gross national income. Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt. Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad.; ; World Bank, International Debt Statistics.; Weighted average;

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