Nigeria - Central government debt

Central government debt, total (current LCU)

Definition: Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

Year Value
2004 169,747,000,000
2005 526,556,000,000
2006 782,488,000,000
2007 556,216,000,000
2008 736,083,000,000

Central government debt, total (% of GDP)

Definition: Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
2004 1.45
2005 3.57
2006 4.18
2007 2.66
2008 3.00

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance