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Interest Payments on Government Debt (As % of Government Revenue) in Nigeria

Source: World Bank
Last Updated: July 1, 2023

Interest payments on government debt as a share of government revenue reached 20.5% in 2013 in Nigeria, according to the National Statistical Office. This is 9.75% more than in the previous year.

Historically, interest payments on government debt as a share of government revenue in Nigeria reached an all time high of 34.9% in 2003 and an all time low of 9.16% in 2007.

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 revenue.

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