Interest Payments on Government Debt (Local Currency) in Nigeria

Interest payments on government debt reached NGN 828 bil in 2013 in Nigeria, according to the National Statistical Office. This is 21.9% more than in the previous year.

Historically, interest payments on government debt in Nigeria reached an all time high of NGN 828 bil in 2013 and an all time low of NGN 214 bil in 2007.

Nigeria has been ranked 12th within the group of 127 countries we follow in terms of interest payments on government debt.