Nigeria: For every $1 billion external loan repaid in the past decade, approximately $3 billion was borrowed

Nigeria's debt burden has been a growing concern, with data revealing that for every $1 billion external loan repaid in the past decade, approximately $3 billion was borrowed. Here, we look at how the country has managed its external debt in the past ten years.

Source:

Debt Management Office

<div style="text-align: center;"><a href="https://intelpoint.co/insights/nigeria-for-every-1-billion-external-loan-repaid-in-the-past-decade-approximately-3-billion-was-borrowed/" title="Nigeria: For every $1 billion external loan repaid in the past decade, approximately $3 billion was borrowed"><img src="https://intelpoint.co/wp-content/uploads/2024/01/Nigeria-For-every-1-billion-external-loan-repaid-in-the-past-decade-approximately-3-billion-was-borrowed-scaled.webp" style="width: 80%; height: auto; max-width:960px;-ms-interpolation-mode: bicubic; margin: 0 auto; display: block;" alt="Chart: Nigeria: For every $1 billion external loan repaid in the past decade, approximately $3 billion was borrowed"/></a><br><span>Find more insights at <a href="https://intelpoint.co/insights?utm_source=Insight%20Embed&utm_medium=HTML&utm_campaign=Nigeria%3A+For+every+%241+billion+external+loan+repaid+in+the+past+decade%2C+approximately+%243+billion+was+borrowed" target="_blank" style="color: #4f9acc; text-decoration: none;">Intelpoint</a>.</span></div>Copied to clipboard!

Period:

2013 - 2022

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