Total Public Debt to GDP Ratio (%)
Waning ability to repay external debt
![](https://cseaafrica.org/wp-content/uploads/2017/03/Public-Debt-to-GDP-Ratio-3524.jpg)
Tax-to-GDP (%)
Low commitment to steady tax collection
![](https://cseaafrica.org/wp-content/uploads/2017/03/Public-Debt-to-GDP-Ratio-3524-2.jpg)
Public Debt-to-GDP Ratio: The ratio of Nigerias cumulative government debt to national GDP has maintained an upward trend indicating the countrys declining economic productivity and ability to repay its external debt.
Tax-to-GDP Ratio: The ratio of tax collected compared to national GDPA has fluctuated heavily, partly indicating the lack of lack of commitment to steady tax collection by successive governments.