Direct investment, Net incurrence of liabilities, Liabilities in Nigeria
Nigeria: Direct investment, Net incurrence of liabilities, Liabilities was 1.08 billion in 2024. ◆ Volatile
Direct investment, Net incurrence of liabilities, Liabilities in Nigeria, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, direct investment, net incurrence of liabilities, liabilities in Nigeria stood at 1.08 billion.
Compared with earlier readings it is down 42.3% on the previous year and down 77.0% over ten years.
Over the whole period, direct investment, net incurrence of liabilities, liabilities in Nigeria peaked at 8.84 billion in 2011 and was at its lowest, -186.79 million, in 2022.
That places Nigeria 93rd out of 196 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Direct investment, Net incurrence of liabilities, Liabilities in Nigeria, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 4.98 billion | — |
| 2006 | 4.85 billion | -2.6% |
| 2007 | 6.04 billion | +24.3% |
| 2008 | 8.19 billion | +35.8% |
| 2009 | 8.56 billion | +4.4% |
| 2010 | 6.03 billion | -29.6% |
| 2011 | 8.84 billion | +46.7% |
| 2012 | 7.07 billion | -20.0% |
| 2013 | 5.56 billion | -21.3% |
| 2014 | 4.69 billion | -15.6% |
| 2015 | 3.06 billion | -34.7% |
| 2016 | 3.45 billion | +12.7% |
| 2017 | 2.41 billion | -30.1% |
| 2018 | 775.25 million | -67.9% |
| 2019 | 2.31 billion | +197.3% |
| 2020 | 2.39 billion | +3.5% |
| 2021 | 3.31 billion | +38.9% |
| 2022 | -186.79 million | -105.6% |
| 2023 | 1.87 billion | -1102.5% |
| 2024 | 1.08 billion | -42.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.52 billion | 4.85 billion | 8.56 billion | 5 |
| 2010s | 4.42 billion | 775.25 million | 8.84 billion | 10 |
| 2020s | 1.69 billion | -186.79 million | 3.31 billion | 5 |
Countries ranked near Nigeria
More external debt data for Nigeria
- IFC, private nonguaranteed 102.35 million NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita 0.4399 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP 0.0004 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 56.33 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 1.6% (2024)
- Net financial flows, IDA 1.92 billion NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per capita 8.24 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP 0.0076 NFL, current US$ per US$ of GDP (2024)
- Net financial flows, IBRD 758.21 million NFL, current US$ (2024)
- Public and publicly guaranteed debt service 6.3% (2024)
Frequently asked questions
- What is direct investment, net incurrence of liabilities, liabilities in Nigeria?
- Direct investment, net incurrence of liabilities, liabilities in Nigeria was 1.08 billion in 2024, according to International Monetary Fund.
- What is the highest direct investment, net incurrence of liabilities, liabilities recorded in Nigeria?
- The highest recorded value was 8.84 billion in 2011.
- What is the lowest direct investment, net incurrence of liabilities, liabilities recorded in Nigeria?
- The lowest recorded value was -186.79 million in 2022.
- How does Nigeria rank for direct investment, net incurrence of liabilities, liabilities?
- Nigeria ranks 93rd out of 196 countries with data for 2024.
- Is direct investment, net incurrence of liabilities, liabilities rising or falling in Nigeria?
- Over the last ten years it is down 77.0%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from International Monetary Fund, published as part of Direct investment, Net incurrence of liabilities, Liabilities (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.