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Nigeria Ranks 13th in Most Indebted Countries to IMF

Nigeria has been ranked as the 13th country that is most indebted to the International Monetary Fund (IMF), with arrears of $1.53 billion.

According to the World of Statistics (@stats_feed on X, formerly Twitter), Argentina tops the list of 20 countries with a debt of $32.45 billion – and Egypt owing $10.98 billion in second.

Ukraine in third has its debt at $8.40 billion, $5.97 billion for Pakistan in fourth, while Ecuador and Colombia’s debt (fifth and sixth) stand at $5.83 billion and $3.28 billion respectively.

Four African countries; Angola ($3.08 billion), Kenya ($2.57 billion), South Africa ($2.29 billion) and Ghana ($2.07 billion) can be found in 7th, 8th, 9th and 10th place.

While Nigeria is listed as the 13th country, Côte d’Ivoire with $1.99 billion debt can be seen in 11th, Costa Rica on $1.68 billion (12th) – and $1.50 billion & &1.45 billion for Jordan and Democratic Republic of the Congo in 14th and 15th respectively.

Full list of top 20 countries in debt to IMF:

1. Argentina: $32.45 billion

2. Egypt: $10.98 billion

3. Ukraine: $8.40 billion

4. Pakistan: $5.97 billion

5. Ecuador: $5.83 billion

6. Colombia: $3.28 billion

7. Angola: $3.08 billion

8. Kenya: $2.57 billion

9. South Africa: $2.29

10. Ghana: $2.07 billion

11. Côte d’Ivoire: $1.99 billion

12. Costa Rica: $1.68 billion

13. Nigeria: $1.53 billion

14. Jordan: $1.50 billion

15. Democratic Republic of the Congo: $1.45 billion

16. Bangladesh: $1.35 billion

17. Morocco: $1.34 billion

18. Senegal: $1.20 billion

19. Sri Lanka: $1.17 billion

20. Tunisia: $1.14 billion

 

Hope Ejairu

Hope Ejairu is a writer, sports analyst and journalist, with publications on print and digital media. He holds certifications in various media/journalism trainings, including AFP.

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