Nigeria’s public debt-to-GDP ratio dropped to 39.4 per cent in the first quarter of 2025 following the successful rebasing of the country’s Gross Domestic Product by the National Bureau of Statistics.

Top 10 Richest Countries in the World with biggest debt ratios 1. United States. The GDP in the United States was worth $27.72 trillion (KSh 3.582 quadrillion) in 2023, according to official data ...

According to the World Bank Country Director Qimiao Fan, over 86 per cent of Kenya’s expenditure is used to finance the high ...