Interest payments on government debt as a share of government expense reached 20.3% in 2013 in Nigeria, according to the National Statistical Office. This is 11.5% more than in the previous year.
Historically, interest payments on government debt as a share of government expense in Nigeria reached an all time high of 36.6% in 2003 and an all time low of 10.9% in 2009.
Nigeria has been ranked 10th within the group of 127 countries we follow in terms of interest payments on government debt as a share of government expense.
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