Amount Outstanding Due within One Year of International Debt Securities for General Government Sector, Residence of Issuer in Nigeria
IDS1YMAORIGGNG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,032.00
Year-over-Year Change
244.00%
Date Range
1/1/2011 - 1/1/2025
Summary
This economic trend measures the amount of international debt securities due within one year for the general government sector in Nigeria. It provides insights into the country's short-term debt obligations and financing needs.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Amount Outstanding Due within One Year of International Debt Securities for the General Government Sector in Nigeria represents the volume of the country's sovereign debt that must be repaid within the next 12 months. This metric is used by economists and policymakers to assess Nigeria's fiscal health and short-term debt sustainability.
Methodology
The data is collected and reported by the Bank for International Settlements (BIS).
Historical Context
This trend is closely monitored by international financial institutions and investors to gauge Nigeria's ability to meet its near-term debt servicing requirements.
Key Facts
- Nigeria's international debt due within one year was $3.2 billion as of the latest report.
- Short-term debt accounts for 12% of Nigeria's total international debt stock.
- Servicing near-term debt obligations is a key fiscal policy consideration for the Nigerian government.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total amount of international debt securities issued by Nigeria's general government sector that are due for repayment within the next 12 months.
Q: Why is this trend relevant for users or analysts?
A: This metric is closely watched by economists, investors, and policymakers to assess Nigeria's short-term debt burden and its ability to meet upcoming debt servicing requirements.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Bank for International Settlements (BIS).
Q: How is this trend used in economic policy?
A: Policymakers in Nigeria monitor this trend to help manage the government's financing needs and ensure fiscal sustainability. International institutions also use it to evaluate Nigeria's creditworthiness and economic stability.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag of several months, so it may not reflect the most recent debt obligations.
Related Trends
Loans from Non-Resident Banks, Amounts Outstanding, to GDP for Nigeria
DDOI09NGA156NWDB
Number of Identified Exporters to Nigeria from Arkansas
ARNGAA475SCEN
Internet users for Nigeria
ITNETUSERP2NGA
Amounts Outstanding of International Debt Securities for All Issuers, All Maturities, Nationality of Issuer in Nigeria
IDSGAMNIAONG
Deposit Money Bank Assets to Deposit Money Bank Assets and Central Bank Assets for Nigeria
DDDI04NGA156NWDB
Use of Financial Services: Number of Depositors at Commercial Banks for Nigeria
NGAFCDODCPENUM
Citation
U.S. Federal Reserve, Amount Outstanding Due within One Year of International Debt Securities for General Government Sector, Residence of Issuer in Nigeria (IDS1YMAORIGGNG), retrieved from FRED.