Federal finance and statistics / National Bureau of Statistics

Nigerian Domestic and Foreign Debt Q3 2023

Key Highlights Public debt stock which includes external and domestic debt stood at N87.91 trillion (US$114.35 billion) in Q3 2023 from N87.38 trillion (US$ 113.42 billion) in Q2 2023, indicatng a growth rate of 0.61%on a quarter-on-quarter basis. Total external debt stood at N31.98 trillion (US$41.59 billion) in Q3 2023, while total domestic debt was N55.93 trillion (US$72.76 billion). The share of external debt (in naira value) to total public debt was 36.38%in Q3 2023, while the share of domestic debt (in naira value) to total public debt was 63.62%. Lagos state recorded the highest domesti…