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Economy | Nigeria Economy

62.18% of Nigeria's Total Public Debt as of Q3 2020 Was Domestic - NBS

Jan 14, 2021   •   by   •   Source: Proshare   •   eye-icon 1854 views

Thurday, January 12, 2021 05:00 AM / by NBS/ Header Image Credit: NBS


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NigerianStates and Federal Debt Stock data as of 30thSeptember 2020 reflectedthat the country's total public debt portfolio stood at N32.22trn.

 

Nigeria'stotal public debt showed that N12.19trnor 37.82% of the debt was external while N20.04trn or 62.18%of the debt was domestic.

 

Furtherdisaggregation of Nigeria's foreign debt showed that $16.74bnof the debt was multilateral; $502.38mwas bilateral (AFD) and another $3.26bnbilateral from the Exim Bank of China, JICA, India, and KFW while $11.17bn wascommercial which are Eurobonds and Diaspora Bonds.

 

Click Here to Download Q3 2020Domestic and Foreign Debt Stock PDF Report


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