Nigeria vs Singapore

Nigeria vs Singapore: Government debt

Government debt: 36.1% of GDP in Nigeria in 2025 and 165.8% of GDP in Singapore in 2024, by IMF estimates. In 2024 the value was higher in Singapore, by 126.5 percentage points, or 4.22 times that in Nigeria.

% of GDP · IMF

Nigeria vs Singapore: Government debtGovernment debt: 36.1% of GDP in Nigeria in 2025 and 165.8% of GDP in Singapore in 2024, by IMF estimates. In 2024 the value was higher in Singapore, by 126.5 percentage points, or 4.22 times that in Nigeria.
NigeriaSingaporeIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • Singapore has been higher in every year both have figures for since 1990.
  • The IMF projection (World Economic Outlook, October 2026) puts Nigeria at 31.9% of GDP and Singapore at 169.2% of GDP in 2031.

Every year

% of GDP · IMF

YearNigeriaSingapore
202536.1165.7
202439.3165.8
202336.3170.4
202229.8153.3
202126.6139.9
202025.7147.1
201921.4127.7
201820.4109.2
201718107.3
201617.4105.9
201514.9102.1
201415.897.8
20131398.2
201212.5106.7
201112.4103.1
20106.798.7
20096.1101.7
20085.297.9
20075.887.8
20066.786.5
200513.592.7
200425.295.7
200329.999.1
200230.796.3
200137.794.5
200040.982.3
199946.185.3
199815.884.7
199717.170.8
199617.971.3
199524.269.8
199439.770.7
199350.471.2
199249.879
199153.276.4
199050.973.5
  • 12.3Projected
IMF projection (World Economic Outlook, October 2026) · 2026–2031
YearNigeriaSingapore
202634.7166.4
202732.8167.1
202832.9167.9
202932.5168.5
203032.2169
203131.9169.2

Each country on its own

Good to know

  • What the government owes, as a share of the economy’s yearly output.
  • Source: IMF, World Economic Outlook, October 2026.
  • The dashed line is the IMF projection (World Economic Outlook, October 2026), a scenario rather than a forecast.
  • Ranks count the 149 countries with a value in 2025, highest first.

How the layers work, where their data comes from and what they can’t tell you: Countries through time

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