Net financial flows, others in Nigeria
Nigeria: Net financial flows, others was 20.80 million NFL, current US$ in 2024. ◆ Volatile
Net financial flows, others in Nigeria, 1979–2024
Source: International Debt Statistics, World Bank (WB). Measured in NFL, current US$.
Analysis
The most recent figure for net financial flows, others in Nigeria is 20.80 million NFL, current US$, measured in 2024.
The figure is down 99.1% on the previous year and up 285.6% over ten years.
Over the whole period, net financial flows, others in Nigeria peaked at 2.35 billion NFL, current US$ in 2023 and was at its lowest, -39.04 million NFL, current US$, in 1999.
That places Nigeria 46th out of 122 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net financial flows, others in Nigeria, year by year
| Year | NFL, current US$ | Change |
|---|---|---|
| 1979 | 2.76 million NFL, current US$ | — |
| 1980 | 10.43 million NFL, current US$ | +278.4% |
| 1981 | 10.52 million NFL, current US$ | +0.9% |
| 1982 | 5.93 million NFL, current US$ | -43.7% |
| 1983 | 74,067 NFL, current US$ | -98.8% |
| 1984 | -71,797 NFL, current US$ | -196.9% |
| 1985 | 13.93 million NFL, current US$ | -19503.4% |
| 1986 | 15.01 million NFL, current US$ | +7.7% |
| 1987 | 12.07 million NFL, current US$ | -19.6% |
| 1988 | -7.01 million NFL, current US$ | -158.1% |
| 1989 | -12.47 million NFL, current US$ | +77.8% |
| 1990 | 848,107 NFL, current US$ | -106.8% |
| 1991 | 20.88 million NFL, current US$ | +2362.0% |
| 1992 | -9.60 million NFL, current US$ | -146.0% |
| 1994 | -719,926 NFL, current US$ | -92.5% |
| 1995 | 1.96 million NFL, current US$ | -372.6% |
| 1996 | 6.34 million NFL, current US$ | +223.1% |
| 1997 | 4.92 million NFL, current US$ | -22.3% |
| 1998 | 5.60 million NFL, current US$ | +13.7% |
| 1999 | -39.04 million NFL, current US$ | -797.0% |
| 2000 | -2.68 million NFL, current US$ | -93.1% |
| 2001 | -2.44 million NFL, current US$ | -8.9% |
| 2002 | -2.57 million NFL, current US$ | +5.5% |
| 2003 | -949,895 NFL, current US$ | -63.1% |
| 2004 | -1.04 million NFL, current US$ | +9.9% |
| 2005 | -1.05 million NFL, current US$ | +0.2% |
| 2006 | -1.05 million NFL, current US$ | +0.8% |
| 2007 | -1.15 million NFL, current US$ | +9.2% |
| 2008 | -2.20 million NFL, current US$ | +90.8% |
| 2009 | 1.62 million NFL, current US$ | -173.8% |
| 2010 | 3.79 million NFL, current US$ | +134.1% |
| 2011 | 12.66 million NFL, current US$ | +233.6% |
| 2012 | 12.70 million NFL, current US$ | +0.3% |
| 2013 | 1.23 million NFL, current US$ | -90.3% |
| 2014 | 5.39 million NFL, current US$ | +337.1% |
| 2015 | 11.63 million NFL, current US$ | +115.6% |
| 2016 | 22.12 million NFL, current US$ | +90.2% |
| 2017 | 39.01 million NFL, current US$ | +76.3% |
| 2018 | 40.42 million NFL, current US$ | +3.6% |
| 2019 | 33.75 million NFL, current US$ | -16.5% |
| 2020 | 19.54 million NFL, current US$ | -42.1% |
| 2021 | 45.16 million NFL, current US$ | +131.1% |
| 2022 | 78.30 million NFL, current US$ | +73.4% |
| 2023 | 2.35 billion NFL, current US$ | +2895.5% |
| 2024 | 20.80 million NFL, current US$ | -99.1% |
Nigeria compared with similar countries
- Nigeria's 20.80 million NFL, current US$ is above the median for lower middle income countries, which is 12.01 million NFL, current US$, 1.7× the median. (42 countries reporting)
- Nigeria's 20.80 million NFL, current US$ is above the median for Sub-Saharan Africa, which is -484,846 NFL, current US$. (44 countries reporting)
Biggest year-on-year movements
Years where Net financial flows, others in Nigeria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1985 | +19503.4% | -71,797 NFL, current US$ | 13.93 million NFL, current US$ |
| 2023 | +2895.5% | 78.30 million NFL, current US$ | 2.35 billion NFL, current US$ |
| 1991 | +2362.0% | 848,107 NFL, current US$ | 20.88 million NFL, current US$ |
| 1999 | -797.0% | 5.60 million NFL, current US$ | -39.04 million NFL, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.76 million NFL, current US$ | 2.76 million NFL, current US$ | 2.76 million NFL, current US$ | 1 |
| 1980s | 4.84 million NFL, current US$ | -12.47 million NFL, current US$ | 15.01 million NFL, current US$ | 10 |
| 1990s | -977,199 NFL, current US$ | -39.04 million NFL, current US$ | 20.88 million NFL, current US$ | 9 |
| 2000s | -1.35 million NFL, current US$ | -2.68 million NFL, current US$ | 1.62 million NFL, current US$ | 10 |
| 2010s | 18.27 million NFL, current US$ | 1.23 million NFL, current US$ | 40.42 million NFL, current US$ | 10 |
| 2020s | 501.87 million NFL, current US$ | 19.54 million NFL, current US$ | 2.35 billion NFL, current US$ | 5 |
Countries ranked near Nigeria
- 43 Kyrgyzstan 25.37 million NFL, current US$ compare
- 44 Gambia 24.64 million NFL, current US$ compare
- 45 Guinea-Bissau 22.62 million NFL, current US$ compare
- 47 Madagascar 17.89 million NFL, current US$ compare
- 48 Ghana 17.52 million NFL, current US$ compare
- 49 Laos 16.91 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)
- 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, others in Nigeria?
- Net financial flows, others in Nigeria was 20.80 million NFL, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest net financial flows, others recorded in Nigeria?
- The highest recorded value was 2.35 billion NFL, current US$ in 2023.
- What is the lowest net financial flows, others recorded in Nigeria?
- The lowest recorded value was -39.04 million NFL, current US$ in 1999.
- How does Nigeria rank for net financial flows, others?
- Nigeria ranks 46th out of 122 countries with data for 2024.
- Is net financial flows, others rising or falling in Nigeria?
- Over the last ten years it is up 285.6%. 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, others (NFL, current US$). Statizoid updates them automatically from the source API.
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About this data
Net financial flows received by the borrower during the year are disbursements of loans and credits less repayments of principal. Others is a residual category in the World Bank's Debtor Reporting System. It includes such institutions as the Caribbean Development Fund, Council of Europe, European Development Fund, Islamic Development Bank, Nordic Development Fund, and the like. Data are in current U.S. dollars.