Net ODA received from DAC donors in Nigeria
Nigeria: Net ODA received from DAC donors was 855.69 million current US$ in 2011. ◆ Volatile
Net ODA received from DAC donors in Nigeria, 1960–2011
Source: Development Assistance Committee of the Organisation for Economic Co-operation and Development, Geographical Distribution of Financial Flows to Developing Countries, Development Co-operation Report, a. Measured in current US$.
Analysis
In 2011, net oda received from dac donors in Nigeria stood at 855.69 million current US$.
That represents a change of up 0.8% on the previous year and up 709.5% over ten years.
Over the whole period, net oda received from dac donors in Nigeria peaked at 10.82 billion current US$ in 2006 and was at its lowest, 10.62 million current US$, in 1979.
Nigeria ranks 9th of 53 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net ODA received from DAC donors in Nigeria, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 32.17 million current US$ | — |
| 1961 | 31.04 million current US$ | -3.5% |
| 1962 | 29.92 million current US$ | -3.6% |
| 1963 | 18.82 million current US$ | -37.1% |
| 1964 | 42.67 million current US$ | +126.7% |
| 1965 | 67.84 million current US$ | +59.0% |
| 1966 | 66.51 million current US$ | -2.0% |
| 1967 | 68.64 million current US$ | +3.2% |
| 1968 | 64.48 million current US$ | -6.1% |
| 1969 | 73.92 million current US$ | +14.6% |
| 1970 | 90.89 million current US$ | +23.0% |
| 1971 | 88.64 million current US$ | -2.5% |
| 1972 | 69.96 million current US$ | -21.1% |
| 1973 | 60.05 million current US$ | -14.2% |
| 1974 | 55.95 million current US$ | -6.8% |
| 1975 | 67.03 million current US$ | +19.8% |
| 1976 | 46.33 million current US$ | -30.9% |
| 1977 | 28.74 million current US$ | -38.0% |
| 1978 | 23.69 million current US$ | -17.6% |
| 1979 | 10.62 million current US$ | -55.2% |
| 1980 | 17.37 million current US$ | +63.6% |
| 1981 | 16.77 million current US$ | -3.5% |
| 1982 | 16.68 million current US$ | -0.5% |
| 1983 | 29.15 million current US$ | +74.8% |
| 1984 | 14.65 million current US$ | -49.7% |
| 1985 | 15.86 million current US$ | +8.3% |
| 1986 | 39.11 million current US$ | +146.6% |
| 1987 | 50.97 million current US$ | +30.3% |
| 1988 | 97.04 million current US$ | +90.4% |
| 1989 | 311.65 million current US$ | +221.2% |
| 1990 | 181.68 million current US$ | -41.7% |
| 1991 | 171.64 million current US$ | -5.5% |
| 1992 | 141.05 million current US$ | -17.8% |
| 1993 | 81.82 million current US$ | -42.0% |
| 1994 | 47.34 million current US$ | -42.1% |
| 1995 | 72.11 million current US$ | +52.3% |
| 1996 | 46.64 million current US$ | -35.3% |
| 1997 | 51.43 million current US$ | +10.3% |
| 1998 | 33.45 million current US$ | -35.0% |
| 1999 | 52.96 million current US$ | +58.3% |
| 2000 | 84.36 million current US$ | +59.3% |
| 2001 | 105.71 million current US$ | +25.3% |
| 2002 | 213.02 million current US$ | +101.5% |
| 2003 | 198.88 million current US$ | -6.6% |
| 2004 | 313.65 million current US$ | +57.7% |
| 2005 | 5.93 billion current US$ | +1790.8% |
| 2006 | 10.82 billion current US$ | +82.4% |
| 2007 | 1.38 billion current US$ | -87.2% |
| 2008 | 637.19 million current US$ | -54.0% |
| 2009 | 687.51 million current US$ | +7.9% |
| 2010 | 849.21 million current US$ | +23.5% |
| 2011 | 855.69 million current US$ | +0.8% |
Nigeria compared with similar countries
- Nigeria's 855.69 million current US$ is above the median for lower middle income countries, which is 327.43 million current US$, 2.6× the median. (24 countries reporting)
- Nigeria's 855.69 million current US$ is above the median for Sub-Saharan Africa, which is 302.38 million current US$, 2.8× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Net ODA received from DAC donors in Nigeria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2005 | +1790.8% | 313.65 million current US$ | 5.93 billion current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 49.60 million current US$ | 18.82 million current US$ | 73.92 million current US$ | 10 |
| 1970s | 54.19 million current US$ | 10.62 million current US$ | 90.89 million current US$ | 10 |
| 1980s | 60.92 million current US$ | 14.65 million current US$ | 311.65 million current US$ | 10 |
| 1990s | 88.01 million current US$ | 33.45 million current US$ | 181.68 million current US$ | 10 |
| 2000s | 2.04 billion current US$ | 84.36 million current US$ | 10.82 billion current US$ | 10 |
| 2010s | 852.45 million current US$ | 849.21 million current US$ | 855.69 million current US$ | 2 |
Countries ranked near Nigeria
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 oda received from dac donors in Nigeria?
- Net oda received from dac donors in Nigeria was 855.69 million current US$ in 2011, according to Development Assistance Committee of the Organisation for Economic Co-operation and Development, Geographical Distribution of Financial Flows to Developing Countries, Development Co-operation Report, a.
- What is the highest net oda received from dac donors recorded in Nigeria?
- The highest recorded value was 10.82 billion current US$ in 2006.
- What is the lowest net oda received from dac donors recorded in Nigeria?
- The lowest recorded value was 10.62 million current US$ in 1979.
- How does Nigeria rank for net oda received from dac donors?
- Nigeria ranks 9th out of 53 countries with data for 2011.
- Is net oda received from dac donors rising or falling in Nigeria?
- Over the last ten years it is up 709.5%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from Development Assistance Committee of the Organisation for Economic Co-operation and Development, Geographical Distribution of Financial Flows to Developing Countries, Development Co-operation Report, a, published as part of Net ODA received from DAC donors (current US$). Statizoid updates them automatically from the source API.
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About this data
Official development assistance and net official aid record the actual international transfer by the donor of financial resources or of goods or services valued at the cost to the donor, less any repayments of loan principal during the same period. Data are in current U.S. dollars.