Net financial flows, IDA (NFL, current US$), per square kilometre in Nigeria
Nigeria: Net financial flows, IDA (NFL, current US$), per square kilometre was 1,640 NFL, current US$ per square kilometre in 2023. ◆ Volatile
Net financial flows, IDA (NFL, current US$), per square kilometre in Nigeria, 1970–2023
Source: Statizoid (derived). Measured in NFL, current US$ per square kilometre.
Analysis
Nigeria recorded 1,640 NFL, current US$ per square kilometre for net financial flows, ida (nfl, current us$), per square kilometre in 2023.
That represents a change of down 33.0% on the previous year and up 136.8% over ten years.
Over the whole period, net financial flows, ida (nfl, current us$), per square kilometre in Nigeria peaked at 2,446 NFL, current US$ per square kilometre in 2022 and was at its lowest, -1.31 NFL, current US$ per square kilometre, in 1985.
That places Nigeria 21st out of 114 countries with data for 2023, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net financial flows, IDA (NFL, current US$), per square kilometre in Nigeria, year by year
| Year | NFL, current US$ per square kilometre | Change |
|---|---|---|
| 1970 | 1.46 NFL, current US$ per square kilometre | — |
| 1971 | 1.45 NFL, current US$ per square kilometre | -0.8% |
| 1972 | 4.58 NFL, current US$ per square kilometre | +216.0% |
| 1973 | 5.06 NFL, current US$ per square kilometre | +10.6% |
| 1974 | 4.19 NFL, current US$ per square kilometre | -17.3% |
| 1975 | 0.8685 NFL, current US$ per square kilometre | -79.3% |
| 1976 | 0.0648 NFL, current US$ per square kilometre | -92.5% |
| 1977 | 2.16 NFL, current US$ per square kilometre | +3230.5% |
| 1978 | -0.2262 NFL, current US$ per square kilometre | -110.5% |
| 1979 | -0.4381 NFL, current US$ per square kilometre | +93.7% |
| 1980 | -0.4381 NFL, current US$ per square kilometre | -0.0% |
| 1981 | -0.437 NFL, current US$ per square kilometre | -0.3% |
| 1982 | -0.4381 NFL, current US$ per square kilometre | +0.3% |
| 1983 | -0.4381 NFL, current US$ per square kilometre | -0.0% |
| 1984 | -0.4381 NFL, current US$ per square kilometre | -0.0% |
| 1985 | -1.31 NFL, current US$ per square kilometre | +199.7% |
| 1986 | -1.31 NFL, current US$ per square kilometre | -0.0% |
| 1987 | -1.31 NFL, current US$ per square kilometre | -0.0% |
| 1988 | -1.31 NFL, current US$ per square kilometre | -0.0% |
| 1989 | -1.31 NFL, current US$ per square kilometre | -0.0% |
| 1990 | 6.64 NFL, current US$ per square kilometre | -605.4% |
| 1991 | 23.71 NFL, current US$ per square kilometre | +257.3% |
| 1992 | 25.23 NFL, current US$ per square kilometre | +6.4% |
| 1993 | 40.1 NFL, current US$ per square kilometre | +59.0% |
| 1994 | 64.65 NFL, current US$ per square kilometre | +61.2% |
| 1995 | 93.27 NFL, current US$ per square kilometre | +44.3% |
| 1996 | 97.95 NFL, current US$ per square kilometre | +5.0% |
| 1997 | 89.61 NFL, current US$ per square kilometre | -8.5% |
| 1998 | 146.91 NFL, current US$ per square kilometre | +63.9% |
| 1999 | 79.26 NFL, current US$ per square kilometre | -46.0% |
| 2000 | 55.98 NFL, current US$ per square kilometre | -29.4% |
| 2001 | 1.41 NFL, current US$ per square kilometre | -97.5% |
| 2002 | 8.38 NFL, current US$ per square kilometre | +494.8% |
| 2003 | 50.57 NFL, current US$ per square kilometre | +503.6% |
| 2004 | 150.64 NFL, current US$ per square kilometre | +197.9% |
| 2005 | 270.03 NFL, current US$ per square kilometre | +79.3% |
| 2006 | 376.25 NFL, current US$ per square kilometre | +39.3% |
| 2007 | 346.29 NFL, current US$ per square kilometre | -8.0% |
| 2008 | 365.67 NFL, current US$ per square kilometre | +5.6% |
| 2009 | 522.2 NFL, current US$ per square kilometre | +42.8% |
| 2010 | 1,071 NFL, current US$ per square kilometre | +105.1% |
| 2011 | 663.46 NFL, current US$ per square kilometre | -38.0% |
| 2012 | 526.27 NFL, current US$ per square kilometre | -20.7% |
| 2013 | 692.4 NFL, current US$ per square kilometre | +31.6% |
| 2014 | 941.69 NFL, current US$ per square kilometre | +36.0% |
| 2015 | 792.84 NFL, current US$ per square kilometre | -15.8% |
| 2016 | 713.49 NFL, current US$ per square kilometre | -10.0% |
| 2017 | 810.22 NFL, current US$ per square kilometre | +13.6% |
| 2018 | 933.86 NFL, current US$ per square kilometre | +15.3% |
| 2019 | 1,306 NFL, current US$ per square kilometre | +39.9% |
| 2020 | 1,161 NFL, current US$ per square kilometre | -11.1% |
| 2021 | 1,309 NFL, current US$ per square kilometre | +12.7% |
| 2022 | 2,446 NFL, current US$ per square kilometre | +86.8% |
| 2023 | 1,640 NFL, current US$ per square kilometre | -33.0% |
Nigeria compared with similar countries
- Nigeria's 1,640 NFL, current US$ per square kilometre is above the median for lower middle income countries, which is 268.15 NFL, current US$ per square kilometre, 6.1× the median. (43 countries reporting)
- Nigeria's 1,640 NFL, current US$ per square kilometre is above the median for Sub-Saharan Africa, which is 216.89 NFL, current US$ per square kilometre, 7.6× the median. (43 countries reporting)
Biggest year-on-year movements
Years where Net financial flows, IDA (NFL, current US$), per square kilometre in Nigeria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1977 | +3230.5% | 0.0648 NFL, current US$ per square kilometre | 2.16 NFL, current US$ per square kilometre |
| 1990 | +605.4% | -1.31 NFL, current US$ per square kilometre | 6.64 NFL, current US$ per square kilometre |
| 2003 | +503.6% | 8.38 NFL, current US$ per square kilometre | 50.57 NFL, current US$ per square kilometre |
| 2002 | +494.8% | 1.41 NFL, current US$ per square kilometre | 8.38 NFL, current US$ per square kilometre |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.92 NFL, current US$ per square kilometre | -0.4381 NFL, current US$ per square kilometre | 5.06 NFL, current US$ per square kilometre | 10 |
| 1980s | -0.8755 NFL, current US$ per square kilometre | -1.31 NFL, current US$ per square kilometre | -0.437 NFL, current US$ per square kilometre | 10 |
| 1990s | 66.73 NFL, current US$ per square kilometre | 6.64 NFL, current US$ per square kilometre | 146.91 NFL, current US$ per square kilometre | 10 |
| 2000s | 214.74 NFL, current US$ per square kilometre | 1.41 NFL, current US$ per square kilometre | 522.2 NFL, current US$ per square kilometre | 10 |
| 2010s | 845.13 NFL, current US$ per square kilometre | 526.27 NFL, current US$ per square kilometre | 1,306 NFL, current US$ per square kilometre | 10 |
| 2020s | 1,639 NFL, current US$ per square kilometre | 1,161 NFL, current US$ per square kilometre | 2,446 NFL, current US$ per square kilometre | 4 |
Countries ranked near Nigeria
- 18 Pakistan 1,958 NFL, current US$ per square kilometre compare
- 19 Tanzania 1,898 NFL, current US$ per square kilometre compare
- 20 Djibouti 1,797 NFL, current US$ per square kilometre compare
- 22 Uzbekistan 1,458 NFL, current US$ per square kilometre compare
- 23 Kenya 1,386 NFL, current US$ per square kilometre compare
- 24 Liberia 1,246 NFL, current US$ per square kilometre 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)
- 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 net financial flows, ida (nfl, current us$), per square kilometre in Nigeria?
- Net financial flows, ida (nfl, current us$), per square kilometre in Nigeria was 1,640 NFL, current US$ per square kilometre in 2023, according to Statizoid (derived).
- What is the highest net financial flows, ida (nfl, current us$), per square kilometre recorded in Nigeria?
- The highest recorded value was 2,446 NFL, current US$ per square kilometre in 2022.
- What is the lowest net financial flows, ida (nfl, current us$), per square kilometre recorded in Nigeria?
- The lowest recorded value was -1.31 NFL, current US$ per square kilometre in 1985.
- How does Nigeria rank for net financial flows, ida (nfl, current us$), per square kilometre?
- Nigeria ranks 21st out of 114 countries with data for 2023.
- Is net financial flows, ida (nfl, current us$), per square kilometre rising or falling in Nigeria?
- Over the last ten years it is up 136.8%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from Statizoid (derived), published as part of Net financial flows, IDA (NFL, current US$), per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Net financial flows, IDA (NFL, current US$) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Net financial flows, IDA (NFL, current US$) ÷ Land area (sq. km)
Computed from
- Net financial flows, IDA International Debt Statistics, World Bank (WB)
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Net financial flows, IDA (NFL, current US$) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.