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Chart for article 'Nigeria Government Debt to GDP | 1990-2018 | Data | Chart | Calendar'
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Nigeria Government Debt to GDP | 1990-2018 | Data | Chart | Calendar

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Nigeria Government Debt to GDP | 1990-2018 | Data | Chart | Calendar

Nigeria recorded a government debt equivalent to 21.30 percent of the country's Gross Domestic Product in 2017. Government Debt to GDP in Nigeria averaged 32.42 percent from 1990 until 2017, reaching an all time high of 75 percent in 1991 and a record low of 7.30 percent in 2008. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borro...

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