Net financial flows, IBRD in Nigeria
Nigeria: Net financial flows, IBRD was 758.21 million NFL, current US$ in 2024. ◆ Volatile
Latest (2024)
758.21 million NFL, current US$
Change on year
up 26,685.3%
World rank
11th
of 115 countries
All-time high
758.21 million NFL, current US$
in 2024
All-time low
-260.81 million NFL, current US$
in 1999
Years of data
53
1970–2024
Net financial flows, IBRD in Nigeria, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in NFL, current US$.
Analysis
Nigeria recorded 758.21 million NFL, current US$ for net financial flows, ibrd in 2024. That is the highest value across all 53 years on record.
Compared with earlier readings it is up 26,685.3% on the previous year and up 21,150.4% over ten years.
Over the whole period, net financial flows, ibrd in Nigeria peaked at 758.21 million NFL, current US$ in 2024 and was at its lowest, -260.81 million NFL, current US$, in 1999.
Nigeria ranks 11th of 115 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Net financial flows, IBRD in Nigeria, year by year
| Year | NFL, current US$ | Change |
|---|---|---|
| 1970 | 8.23 million NFL, current US$ | — |
| 1971 | 31.99 million NFL, current US$ | +288.6% |
| 1972 | 60.18 million NFL, current US$ | +88.1% |
| 1973 | 11.08 million NFL, current US$ | -81.6% |
| 1974 | 28.31 million NFL, current US$ | +155.6% |
| 1975 | 28.31 million NFL, current US$ | -0.0% |
| 1976 | 40.22 million NFL, current US$ | +42.1% |
| 1977 | 44.13 million NFL, current US$ | +9.7% |
| 1978 | 37.67 million NFL, current US$ | -14.6% |
| 1979 | 31.05 million NFL, current US$ | -17.6% |
| 1980 | 38.41 million NFL, current US$ | +23.7% |
| 1981 | 45.64 million NFL, current US$ | +18.8% |
| 1982 | 111.79 million NFL, current US$ | +144.9% |
| 1983 | 150.09 million NFL, current US$ | +34.3% |
| 1984 | 223.54 million NFL, current US$ | +48.9% |
| 1985 | 229.82 million NFL, current US$ | +2.8% |
| 1986 | 446.34 million NFL, current US$ | +94.2% |
| 1987 | 261.61 million NFL, current US$ | -41.4% |
| 1988 | 49.81 million NFL, current US$ | -81.0% |
| 1989 | 251.46 million NFL, current US$ | +404.8% |
| 1990 | 143.66 million NFL, current US$ | -42.9% |
| 1991 | -42.77 million NFL, current US$ | -129.8% |
| 1992 | -21.37 million NFL, current US$ | -50.0% |
| 1993 | -45.14 million NFL, current US$ | +111.2% |
| 1994 | -125.69 million NFL, current US$ | +178.4% |
| 1995 | -202.19 million NFL, current US$ | +60.9% |
| 1996 | -230.62 million NFL, current US$ | +14.1% |
| 1997 | -160.67 million NFL, current US$ | -30.3% |
| 1998 | -226.75 million NFL, current US$ | +41.1% |
| 1999 | -260.81 million NFL, current US$ | +15.0% |
| 2000 | -242.39 million NFL, current US$ | -7.1% |
| 2001 | -189.06 million NFL, current US$ | -22.0% |
| 2002 | -176.14 million NFL, current US$ | -6.8% |
| 2003 | -202.65 million NFL, current US$ | +15.1% |
| 2004 | -216.42 million NFL, current US$ | +6.8% |
| 2005 | -223.58 million NFL, current US$ | +3.3% |
| 2006 | -210.81 million NFL, current US$ | -5.7% |
| 2007 | -175.94 million NFL, current US$ | -16.5% |
| 2008 | -188.79 million NFL, current US$ | +7.3% |
| 2009 | -96.09 million NFL, current US$ | -49.1% |
| 2010 | -70.76 million NFL, current US$ | -26.4% |
| 2011 | -36.77 million NFL, current US$ | -48.0% |
| 2012 | -6.94 million NFL, current US$ | -81.1% |
| 2015 | 3.57 million NFL, current US$ | -151.4% |
| 2016 | 314,000 NFL, current US$ | -91.2% |
| 2017 | 120.30 million NFL, current US$ | +38211.1% |
| 2018 | 0 NFL, current US$ | -100.0% |
| 2019 | 285.33 million NFL, current US$ | — |
| 2020 | 509,000 NFL, current US$ | -99.8% |
| 2021 | 36.08 million NFL, current US$ | +6988.6% |
| 2022 | 41.57 million NFL, current US$ | +15.2% |
| 2023 | -2.85 million NFL, current US$ | -106.9% |
| 2024 | 758.21 million NFL, current US$ | -26685.3% |
Nigeria compared with similar countries
- Nigeria's 758.21 million NFL, current US$ is above the median for lower middle income countries, which is 6.87 million NFL, current US$, 110.4× the median. (30 countries reporting)
- Nigeria's 758.21 million NFL, current US$ is above the median for Sub-Saharan Africa, which is -469,000 NFL, current US$. (33 countries reporting)
Biggest year-on-year movements
Years where Net financial flows, IBRD in Nigeria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2017 | +38211.1% | 314,000 NFL, current US$ | 120.30 million NFL, current US$ |
| 2024 | +26685.3% | -2.85 million NFL, current US$ | 758.21 million NFL, current US$ |
| 2021 | +6988.6% | 509,000 NFL, current US$ | 36.08 million NFL, current US$ |
| 1989 | +404.8% | 49.81 million NFL, current US$ | 251.46 million NFL, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 32.12 million NFL, current US$ | 8.23 million NFL, current US$ | 60.18 million NFL, current US$ | 10 |
| 1980s | 180.85 million NFL, current US$ | 38.41 million NFL, current US$ | 446.34 million NFL, current US$ | 10 |
| 1990s | -117.23 million NFL, current US$ | -260.81 million NFL, current US$ | 143.66 million NFL, current US$ | 10 |
| 2000s | -192.19 million NFL, current US$ | -242.39 million NFL, current US$ | -96.09 million NFL, current US$ | 10 |
| 2010s | 36.88 million NFL, current US$ | -70.76 million NFL, current US$ | 285.33 million NFL, current US$ | 8 |
| 2020s | 166.70 million NFL, current US$ | -2.85 million NFL, current US$ | 758.21 million NFL, current US$ | 5 |
Countries ranked near Nigeria
- 8 South Africa 910.75 million NFL, current US$ compare
- 9 Kenya 869.28 million NFL, current US$ compare
- 10 Argentina 859.15 million NFL, current US$ compare
- 12 Colombia 648.74 million NFL, current US$ compare
- 13 Kazakhstan 469.99 million NFL, current US$ compare
- 14 Peru 469.57 million NFL, current US$ compare
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)
- Public and publicly guaranteed debt service 6.3% (2024)
- Net financial flows, IDA (NFL, current US$), per square kilometre 1,640 NFL, current US$ per square kilometre (2023)
Frequently asked questions
- What is net financial flows, ibrd in Nigeria?
- Net financial flows, ibrd in Nigeria was 758.21 million NFL, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest net financial flows, ibrd recorded in Nigeria?
- The highest recorded value was 758.21 million NFL, current US$ in 2024.
- What is the lowest net financial flows, ibrd recorded in Nigeria?
- The lowest recorded value was -260.81 million NFL, current US$ in 1999.
- How does Nigeria rank for net financial flows, ibrd?
- Nigeria ranks 11th out of 115 countries with data for 2024.
- Is net financial flows, ibrd rising or falling in Nigeria?
- Over the last ten years it is up 21,150.4%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Net financial flows, IBRD (NFL, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Net financial flows received by the borrower during the year are disbursements of loans and credits less repayments of principal. IBRD is the International Bank for Reconstruction and Development, the founding and largest member of the World Bank Group. Data are in current U.S. dollars.