Net financial flows, multilateral (NFL, current US$), per square in Nigeria
Nigeria: Net financial flows, multilateral (NFL, current US$), per square was 4,290 NFL, current US$ per square kilometre in 2023. ◆ Volatile
Net financial flows, multilateral (NFL, current US$), per square in Nigeria, 1970–2023
Source: Statizoid (derived). Measured in NFL, current US$ per square kilometre.
Analysis
In 2023, net financial flows, multilateral (nfl, current us$), per square in Nigeria stood at 4,290 NFL, current US$ per square kilometre. That is the highest value across all 54 years on record.
Compared with earlier readings it is up 65.0% on the previous year and up 335.7% over ten years.
Over the whole period, net financial flows, multilateral (nfl, current us$), per square in Nigeria peaked at 4,290 NFL, current US$ per square kilometre in 2023 and was at its lowest, -291.84 NFL, current US$ per square kilometre, in 1999.
That places Nigeria 28th out of 121 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, multilateral (NFL, current US$), per square in Nigeria, year by year
| Year | NFL, current US$ per square kilometre | Change |
|---|---|---|
| 1970 | 10.5 NFL, current US$ per square kilometre | — |
| 1971 | 36.58 NFL, current US$ per square kilometre | +248.3% |
| 1972 | 71.34 NFL, current US$ per square kilometre | +95.0% |
| 1973 | 18.01 NFL, current US$ per square kilometre | -74.8% |
| 1974 | 37.04 NFL, current US$ per square kilometre | +105.7% |
| 1975 | 32.08 NFL, current US$ per square kilometre | -13.4% |
| 1976 | 45.56 NFL, current US$ per square kilometre | +42.0% |
| 1977 | 48.6 NFL, current US$ per square kilometre | +6.7% |
| 1978 | 43.43 NFL, current US$ per square kilometre | -10.6% |
| 1979 | 36.28 NFL, current US$ per square kilometre | -16.5% |
| 1980 | 52.57 NFL, current US$ per square kilometre | +44.9% |
| 1981 | 60.74 NFL, current US$ per square kilometre | +15.5% |
| 1982 | 128.23 NFL, current US$ per square kilometre | +111.1% |
| 1983 | 163.83 NFL, current US$ per square kilometre | +27.8% |
| 1984 | 244.5 NFL, current US$ per square kilometre | +49.2% |
| 1985 | 266 NFL, current US$ per square kilometre | +8.8% |
| 1986 | 504.56 NFL, current US$ per square kilometre | +89.7% |
| 1987 | 298.89 NFL, current US$ per square kilometre | -40.8% |
| 1988 | 62.89 NFL, current US$ per square kilometre | -79.0% |
| 1989 | 431.26 NFL, current US$ per square kilometre | +585.8% |
| 1990 | 324.33 NFL, current US$ per square kilometre | -24.8% |
| 1991 | 230.94 NFL, current US$ per square kilometre | -28.8% |
| 1992 | 235.75 NFL, current US$ per square kilometre | +2.1% |
| 1993 | 219.15 NFL, current US$ per square kilometre | -7.0% |
| 1994 | 184.32 NFL, current US$ per square kilometre | -15.9% |
| 1995 | -38.67 NFL, current US$ per square kilometre | -121.0% |
| 1996 | -145.87 NFL, current US$ per square kilometre | +277.3% |
| 1997 | -161.12 NFL, current US$ per square kilometre | +10.5% |
| 1998 | -151.15 NFL, current US$ per square kilometre | -6.2% |
| 1999 | -291.84 NFL, current US$ per square kilometre | +93.1% |
| 2000 | -276.15 NFL, current US$ per square kilometre | -5.4% |
| 2001 | -283.38 NFL, current US$ per square kilometre | +2.6% |
| 2002 | -246.67 NFL, current US$ per square kilometre | -13.0% |
| 2003 | -277.85 NFL, current US$ per square kilometre | +12.6% |
| 2004 | -192.82 NFL, current US$ per square kilometre | -30.6% |
| 2005 | -89.22 NFL, current US$ per square kilometre | -53.7% |
| 2006 | 40.19 NFL, current US$ per square kilometre | -145.1% |
| 2007 | 86.39 NFL, current US$ per square kilometre | +114.9% |
| 2008 | 96.67 NFL, current US$ per square kilometre | +11.9% |
| 2009 | 335.21 NFL, current US$ per square kilometre | +246.7% |
| 2010 | 949.96 NFL, current US$ per square kilometre | +183.4% |
| 2011 | 616.65 NFL, current US$ per square kilometre | -35.1% |
| 2012 | 537.86 NFL, current US$ per square kilometre | -12.8% |
| 2013 | 984.62 NFL, current US$ per square kilometre | +83.1% |
| 2014 | 964.86 NFL, current US$ per square kilometre | -2.0% |
| 2015 | 1,183 NFL, current US$ per square kilometre | +22.6% |
| 2016 | 785.15 NFL, current US$ per square kilometre | -33.6% |
| 2017 | 1,901 NFL, current US$ per square kilometre | +142.1% |
| 2018 | 1,157 NFL, current US$ per square kilometre | -39.2% |
| 2019 | 1,836 NFL, current US$ per square kilometre | +58.7% |
| 2020 | 1,458 NFL, current US$ per square kilometre | -20.6% |
| 2021 | 1,417 NFL, current US$ per square kilometre | -2.8% |
| 2022 | 2,601 NFL, current US$ per square kilometre | +83.6% |
| 2023 | 4,290 NFL, current US$ per square kilometre | +65.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 37.94 NFL, current US$ per square kilometre | 10.5 NFL, current US$ per square kilometre | 71.34 NFL, current US$ per square kilometre | 10 |
| 1980s | 221.35 NFL, current US$ per square kilometre | 52.57 NFL, current US$ per square kilometre | 504.56 NFL, current US$ per square kilometre | 10 |
| 1990s | 40.58 NFL, current US$ per square kilometre | -291.84 NFL, current US$ per square kilometre | 324.33 NFL, current US$ per square kilometre | 10 |
| 2000s | -80.76 NFL, current US$ per square kilometre | -283.38 NFL, current US$ per square kilometre | 335.21 NFL, current US$ per square kilometre | 10 |
| 2010s | 1,091 NFL, current US$ per square kilometre | 537.86 NFL, current US$ per square kilometre | 1,901 NFL, current US$ per square kilometre | 10 |
| 2020s | 2,441 NFL, current US$ per square kilometre | 1,417 NFL, current US$ per square kilometre | 4,290 NFL, current US$ per square kilometre | 4 |
Countries ranked near Nigeria
- 25 Republic of Moldova 5,366 NFL, current US$ per square kilometre compare
- 26 Uzbekistan 5,188 NFL, current US$ per square kilometre compare
- 27 Côte d'Ivoire 4,487 NFL, current US$ per square kilometre compare
- 29 Armenia 4,211 NFL, current US$ per square kilometre compare
- 30 Cambodia 4,137 NFL, current US$ per square kilometre compare
- 31 Benin 4,071 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, multilateral (nfl, current us$), per square in Nigeria?
- Net financial flows, multilateral (nfl, current us$), per square in Nigeria was 4,290 NFL, current US$ per square kilometre in 2023, according to Statizoid (derived).
- What is the highest net financial flows, multilateral (nfl, current us$), per square recorded in Nigeria?
- The highest recorded value was 4,290 NFL, current US$ per square kilometre in 2023.
- What is the lowest net financial flows, multilateral (nfl, current us$), per square recorded in Nigeria?
- The lowest recorded value was -291.84 NFL, current US$ per square kilometre in 1999.
- How does Nigeria rank for net financial flows, multilateral (nfl, current us$), per square?
- Nigeria ranks 28th out of 121 countries with data for 2023.
- Is net financial flows, multilateral (nfl, current us$), per square rising or falling in Nigeria?
- Over the last ten years it is up 335.7%. 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, multilateral (NFL, current US$), per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Net financial flows, multilateral (NFL, current US$) 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, multilateral (NFL, current US$) ÷ Land area (sq. km)
Computed from
- Net financial flows, multilateral International Debt Statistics, World Bank (WB)
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Net financial flows, multilateral (NFL, current US$) 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.