Foreign debt as a share of gdp reached 3.17% in 2011 in Nigeria, according to the National Statistical Office. This is 12.4% more than in the previous year.
Historically, foreign debt as a share of GDP in Nigeria reached an all time high of 127% in 1988 and an all time low of 2.82% in 2010.
Nigeria has been ranked 44th within the group of 46 countries we follow in terms of foreign debt as a share of GDP.
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