Net financial flows, multilateral (NFL, current US$), per unit of GDP in Nigeria
Nigeria: Net financial flows, multilateral (NFL, current US$), per unit of GDP was 0.0126 NFL, current US$ per US$ of GDP in 2024. ◆ Volatile
Net financial flows, multilateral (NFL, current US$), per unit of GDP in Nigeria, 1970–2024
Source: Statizoid (derived). Measured in NFL, current US$ per US$ of GDP.
Analysis
Nigeria recorded 0.0126 NFL, current US$ per US$ of GDP for net financial flows, multilateral (nfl, current us$), per unit of gdp in 2024. That is the highest value across all 55 years on record.
The figure is up 57.8% on the previous year and up 726.5% over ten years.
Over the whole period, net financial flows, multilateral (nfl, current us$), per unit of gdp in Nigeria peaked at 0.0126 NFL, current US$ per US$ of GDP in 2024 and was at its lowest, -0.0045 NFL, current US$ per US$ of GDP, in 1999.
Nigeria ranks 35th of 122 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net financial flows, multilateral (NFL, current US$), per unit of GDP in Nigeria, year by year
| Year | NFL, current US$ per US$ of GDP | Change |
|---|---|---|
| 1970 | 0.0008 NFL, current US$ per US$ of GDP | — |
| 1971 | 0.0036 NFL, current US$ per US$ of GDP | +376.0% |
| 1972 | 0.0053 NFL, current US$ per US$ of GDP | +45.9% |
| 1973 | 0.0011 NFL, current US$ per US$ of GDP | -79.6% |
| 1974 | 0.0014 NFL, current US$ per US$ of GDP | +25.5% |
| 1975 | 0.0011 NFL, current US$ per US$ of GDP | -22.5% |
| 1976 | 0.0011 NFL, current US$ per US$ of GDP | +8.6% |
| 1977 | 0.0012 NFL, current US$ per US$ of GDP | +7.5% |
| 1978 | 0.0011 NFL, current US$ per US$ of GDP | -11.8% |
| 1979 | 0.0007 NFL, current US$ per US$ of GDP | -35.4% |
| 1980 | 0.0007 NFL, current US$ per US$ of GDP | +6.7% |
| 1981 | 0.0003 NFL, current US$ per US$ of GDP | -54.9% |
| 1982 | 0.0008 NFL, current US$ per US$ of GDP | +143.2% |
| 1983 | 0.0015 NFL, current US$ per US$ of GDP | +87.9% |
| 1984 | 0.003 NFL, current US$ per US$ of GDP | +97.2% |
| 1985 | 0.0033 NFL, current US$ per US$ of GDP | +8.4% |
| 1986 | 0.0084 NFL, current US$ per US$ of GDP | +155.2% |
| 1987 | 0.0052 NFL, current US$ per US$ of GDP | -38.4% |
| 1988 | 0.0012 NFL, current US$ per US$ of GDP | -77.7% |
| 1989 | 0.0089 NFL, current US$ per US$ of GDP | +673.7% |
| 1990 | 0.0055 NFL, current US$ per US$ of GDP | -38.8% |
| 1991 | 0.0035 NFL, current US$ per US$ of GDP | -35.4% |
| 1992 | 0.0041 NFL, current US$ per US$ of GDP | +16.7% |
| 1993 | 0.0035 NFL, current US$ per US$ of GDP | -14.7% |
| 1994 | 0.0021 NFL, current US$ per US$ of GDP | -40.7% |
| 1995 | -0.0002 NFL, current US$ per US$ of GDP | -112.0% |
| 1996 | -0.0007 NFL, current US$ per US$ of GDP | +186.2% |
| 1997 | -0.0007 NFL, current US$ per US$ of GDP | +2.1% |
| 1998 | -0.0006 NFL, current US$ per US$ of GDP | -13.7% |
| 1999 | -0.0045 NFL, current US$ per US$ of GDP | +613.0% |
| 2000 | -0.0036 NFL, current US$ per US$ of GDP | -19.1% |
| 2001 | -0.0035 NFL, current US$ per US$ of GDP | -3.5% |
| 2002 | -0.0024 NFL, current US$ per US$ of GDP | -32.6% |
| 2003 | -0.0024 NFL, current US$ per US$ of GDP | +2.2% |
| 2004 | -0.0013 NFL, current US$ per US$ of GDP | -46.5% |
| 2005 | -0.0005 NFL, current US$ per US$ of GDP | -64.2% |
| 2006 | 0.0002 NFL, current US$ per US$ of GDP | -133.2% |
| 2007 | 0.0003 NFL, current US$ per US$ of GDP | +84.2% |
| 2008 | 0.0003 NFL, current US$ per US$ of GDP | -8.3% |
| 2009 | 0.001 NFL, current US$ per US$ of GDP | +299.0% |
| 2010 | 0.0024 NFL, current US$ per US$ of GDP | +127.8% |
| 2011 | 0.0014 NFL, current US$ per US$ of GDP | -42.5% |
| 2012 | 0.0011 NFL, current US$ per US$ of GDP | -22.1% |
| 2013 | 0.0017 NFL, current US$ per US$ of GDP | +63.3% |
| 2014 | 0.0015 NFL, current US$ per US$ of GDP | -11.2% |
| 2015 | 0.0022 NFL, current US$ per US$ of GDP | +42.7% |
| 2016 | 0.0018 NFL, current US$ per US$ of GDP | -19.1% |
| 2017 | 0.0046 NFL, current US$ per US$ of GDP | +160.7% |
| 2018 | 0.0025 NFL, current US$ per US$ of GDP | -45.8% |
| 2019 | 0.0025 NFL, current US$ per US$ of GDP | +0.1% |
| 2020 | 0.0022 NFL, current US$ per US$ of GDP | -11.4% |
| 2021 | 0.0021 NFL, current US$ per US$ of GDP | -4.5% |
| 2022 | 0.0037 NFL, current US$ per US$ of GDP | +72.9% |
| 2023 | 0.008 NFL, current US$ per US$ of GDP | +119.0% |
| 2024 | 0.0126 NFL, current US$ per US$ of GDP | +57.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0017 NFL, current US$ per US$ of GDP | 0.0007 NFL, current US$ per US$ of GDP | 0.0053 NFL, current US$ per US$ of GDP | 10 |
| 1980s | 0.0033 NFL, current US$ per US$ of GDP | 0.0003 NFL, current US$ per US$ of GDP | 0.0089 NFL, current US$ per US$ of GDP | 10 |
| 1990s | 0.0012 NFL, current US$ per US$ of GDP | -0.0045 NFL, current US$ per US$ of GDP | 0.0055 NFL, current US$ per US$ of GDP | 10 |
| 2000s | -0.0012 NFL, current US$ per US$ of GDP | -0.0036 NFL, current US$ per US$ of GDP | 0.001 NFL, current US$ per US$ of GDP | 10 |
| 2010s | 0.0022 NFL, current US$ per US$ of GDP | 0.0011 NFL, current US$ per US$ of GDP | 0.0046 NFL, current US$ per US$ of GDP | 10 |
| 2020s | 0.0057 NFL, current US$ per US$ of GDP | 0.0021 NFL, current US$ per US$ of GDP | 0.0126 NFL, current US$ per US$ of GDP | 5 |
Countries ranked near Nigeria
- 32 Côte d'Ivoire 0.0135 NFL, current US$ per US$ of GDP compare
- 33 Guinea 0.0129 NFL, current US$ per US$ of GDP compare
- 34 Mauritius 0.0128 NFL, current US$ per US$ of GDP compare
- 36 Paraguay 0.0125 NFL, current US$ per US$ of GDP compare
- 37 Nepal 0.0123 NFL, current US$ per US$ of GDP compare
- 38 Comoros 0.0122 NFL, current US$ per US$ of GDP 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$), per unit of gdp in Nigeria?
- Net financial flows, multilateral (nfl, current us$), per unit of gdp in Nigeria was 0.0126 NFL, current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest net financial flows, multilateral (nfl, current us$), per unit of gdp recorded in Nigeria?
- The highest recorded value was 0.0126 NFL, current US$ per US$ of GDP in 2024.
- What is the lowest net financial flows, multilateral (nfl, current us$), per unit of gdp recorded in Nigeria?
- The lowest recorded value was -0.0045 NFL, current US$ per US$ of GDP in 1999.
- How does Nigeria rank for net financial flows, multilateral (nfl, current us$), per unit of gdp?
- Nigeria ranks 35th out of 122 countries with data for 2024.
- Is net financial flows, multilateral (nfl, current us$), per unit of gdp rising or falling in Nigeria?
- Over the last ten years it is up 726.5%. 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$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Net financial flows, multilateral (NFL, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Net financial flows, multilateral (NFL, current US$) ÷ GDP (current US$)
Computed from
- Net financial flows, multilateral International Debt Statistics, World Bank (WB)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Net financial flows, multilateral (NFL, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.