Nigeria vs Spain

Nigeria vs Spain: Government debt

Government debt in 2025: 36.1% of GDP in Nigeria and 100.5% of GDP in Spain, by IMF estimates. In 2025 the value was higher in Spain, by 64.4 percentage points, or 2.79 times that in Nigeria.

% of GDP · IMF

Nigeria vs Spain: Government debtGovernment debt in 2025: 36.1% of GDP in Nigeria and 100.5% of GDP in Spain, by IMF estimates. In 2025 the value was higher in Spain, by 64.4 percentage points, or 2.79 times that in Nigeria.
NigeriaSpainIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • Spain has been higher since 1993, when it overtook Nigeria.
  • In 2025, Nigeria ranked 114 and Spain ranked 14 of 149 countries, counting from the highest.
  • The IMF projection (World Economic Outlook, October 2026) puts Nigeria at 31.9% of GDP and Spain at 89.4% of GDP in 2031.

Every year

% of GDP · IMF

YearNigeriaSpain
202536.1100.5
202439.3101.4
202336.3105.2
202229.8109.2
202126.6115.6
202025.7119.2
201921.497.6
201820.499.7
201718101.1
201617.4102
201514.9102.4
201415.8104.4
201313100
201212.589.6
201112.469.5
20106.760.3
20096.153.1
20085.239.6
20075.835.7
20066.739
200513.542.4
200425.245.3
200329.947.7
200230.751.2
200137.754.1
200040.957.8
199946.160.9
199815.862.4
199717.164.3
199617.965.4
199524.261.6
199439.757
199350.454.6
199249.844.1
199153.241.9
199050.941.3
1989–39.9
1988–38.5
1987–41.9
1986–42.1
1985–40.9
1984–36
1983–29.5
1982–24.4
1981–19.5
1980–16.1
IMF projection (World Economic Outlook, October 2026) · 2026–2031
YearNigeriaSpain
202634.797.6
202732.895.2
202832.993.2
202932.592
203032.290.7
203131.989.4

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

Nigeria vs Spain

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