Federal finance and statistics / National Bureau of Statistics

Nigerian Domestic & Foreign Debt Q4 2022

Executive Summary Nigeria's public debt stock which includes external and domestic debt stood at N46.25 trillion (US$103.11 billion) in Q4 2022 from N44.06 trillion (US$ 101.91 billion) in Q3 2022. This shows that public debt (in national currency) grew by 4.96% in Q4 2022. External debt stood at N18.70 trillion (US$41.69 billion) in Q4 2022, while domestic debt was N27.55 trillion (US$61.41billion). However, the share of external debt to total public debt stood at 40.44% in Q4 2022, while domestic debt was recorded at 59.56%. In addition, the Federal Government share of domestic debt was 80.6…