Net ODA received from multilateral donors in Nigeria
Nigeria: Net ODA received from multilateral donors was 919.54 million constant 2010 US$ in 2011. ◆ Volatile
Latest (2011)
919.54 million constant 2010 US$
Change on year
down 28.7%
World rank
3rd
of 53 countries
All-time high
1.29 billion constant 2010 US$
in 2010
All-time low
-5.20 million constant 2010 US$
in 1961
Years of data
52
1960–2011
Net ODA received from multilateral 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 constant 2010 US$.
Analysis
In 2011, net oda received from multilateral donors in Nigeria stood at 919.54 million constant 2010 US$.
The figure is down 28.7% on the previous year and up 690.5% over ten years.
Over the whole period, net oda received from multilateral donors in Nigeria peaked at 1.29 billion constant 2010 US$ in 2010 and was at its lowest, -5.20 million constant 2010 US$, in 1961.
That places Nigeria 3rd out of 53 countries with data for 2011, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Net ODA received from multilateral donors in Nigeria, year by year
| Year | constant 2010 US$ | Change |
|---|---|---|
| 1960 | 3.81 million constant 2010 US$ | — |
| 1961 | -5.20 million constant 2010 US$ | -236.5% |
| 1962 | 8.15 million constant 2010 US$ | -256.7% |
| 1963 | 14.13 million constant 2010 US$ | +73.4% |
| 1964 | 16.71 million constant 2010 US$ | +18.3% |
| 1965 | 63.01 million constant 2010 US$ | +277.1% |
| 1966 | 12.99 million constant 2010 US$ | -79.4% |
| 1967 | 29.68 million constant 2010 US$ | +128.5% |
| 1968 | 29.50 million constant 2010 US$ | -0.6% |
| 1969 | 75.66 million constant 2010 US$ | +156.5% |
| 1970 | 108.22 million constant 2010 US$ | +43.0% |
| 1971 | 114.30 million constant 2010 US$ | +5.6% |
| 1972 | 71.16 million constant 2010 US$ | -37.7% |
| 1973 | 80.55 million constant 2010 US$ | +13.2% |
| 1974 | 73.80 million constant 2010 US$ | -8.4% |
| 1975 | 54.33 million constant 2010 US$ | -26.4% |
| 1976 | 20.78 million constant 2010 US$ | -61.8% |
| 1977 | 46.25 million constant 2010 US$ | +122.6% |
| 1978 | 52.37 million constant 2010 US$ | +13.2% |
| 1979 | 41.37 million constant 2010 US$ | -21.0% |
| 1980 | 44.08 million constant 2010 US$ | +6.6% |
| 1981 | 60.47 million constant 2010 US$ | +37.2% |
| 1982 | 49.85 million constant 2010 US$ | -17.6% |
| 1983 | 47.43 million constant 2010 US$ | -4.9% |
| 1984 | 49.46 million constant 2010 US$ | +4.3% |
| 1985 | 43.56 million constant 2010 US$ | -11.9% |
| 1986 | 43.31 million constant 2010 US$ | -0.6% |
| 1987 | 32.87 million constant 2010 US$ | -24.1% |
| 1988 | 38.17 million constant 2010 US$ | +16.1% |
| 1989 | 60.72 million constant 2010 US$ | +59.1% |
| 1990 | 121.62 million constant 2010 US$ | +100.3% |
| 1991 | 139.54 million constant 2010 US$ | +14.7% |
| 1992 | 178.50 million constant 2010 US$ | +27.9% |
| 1993 | 330.11 million constant 2010 US$ | +84.9% |
| 1994 | 212.35 million constant 2010 US$ | -35.7% |
| 1995 | 185.76 million constant 2010 US$ | -12.5% |
| 1996 | 197.74 million constant 2010 US$ | +6.4% |
| 1997 | 222.94 million constant 2010 US$ | +12.7% |
| 1998 | 259.37 million constant 2010 US$ | +16.3% |
| 1999 | 144.16 million constant 2010 US$ | -44.4% |
| 2000 | 136.67 million constant 2010 US$ | -5.2% |
| 2001 | 116.32 million constant 2010 US$ | -14.9% |
| 2002 | 133.63 million constant 2010 US$ | +14.9% |
| 2003 | 149.44 million constant 2010 US$ | +11.8% |
| 2004 | 327.98 million constant 2010 US$ | +119.5% |
| 2005 | 581.09 million constant 2010 US$ | +77.2% |
| 2006 | 721.13 million constant 2010 US$ | +24.1% |
| 2007 | 624.36 million constant 2010 US$ | -13.4% |
| 2008 | 675.49 million constant 2010 US$ | +8.2% |
| 2009 | 1.04 billion constant 2010 US$ | +53.5% |
| 2010 | 1.29 billion constant 2010 US$ | +24.3% |
| 2011 | 919.54 million constant 2010 US$ | -28.7% |
Nigeria compared with similar countries
- Nigeria's 919.54 million constant 2010 US$ is above the median for lower middle income countries, which is 233.31 million constant 2010 US$, 3.9× the median. (24 countries reporting)
- Nigeria's 919.54 million constant 2010 US$ is above the median for Sub-Saharan Africa, which is 238.05 million constant 2010 US$, 3.9× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Net ODA received from multilateral donors in Nigeria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1965 | +277.1% | 16.71 million constant 2010 US$ | 63.01 million constant 2010 US$ |
| 1961 | -236.5% | 3.81 million constant 2010 US$ | -5.20 million constant 2010 US$ |
| 1962 | +256.7% | -5.20 million constant 2010 US$ | 8.15 million constant 2010 US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 24.84 million constant 2010 US$ | -5.20 million constant 2010 US$ | 75.66 million constant 2010 US$ | 10 |
| 1970s | 66.31 million constant 2010 US$ | 20.78 million constant 2010 US$ | 114.30 million constant 2010 US$ | 10 |
| 1980s | 46.99 million constant 2010 US$ | 32.87 million constant 2010 US$ | 60.72 million constant 2010 US$ | 10 |
| 1990s | 199.21 million constant 2010 US$ | 121.62 million constant 2010 US$ | 330.11 million constant 2010 US$ | 10 |
| 2000s | 450.30 million constant 2010 US$ | 116.32 million constant 2010 US$ | 1.04 billion constant 2010 US$ | 10 |
| 2010s | 1.10 billion constant 2010 US$ | 919.54 million constant 2010 US$ | 1.29 billion constant 2010 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 multilateral donors in Nigeria?
- Net oda received from multilateral donors in Nigeria was 919.54 million constant 2010 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 multilateral donors recorded in Nigeria?
- The highest recorded value was 1.29 billion constant 2010 US$ in 2010.
- What is the lowest net oda received from multilateral donors recorded in Nigeria?
- The lowest recorded value was -5.20 million constant 2010 US$ in 1961.
- How does Nigeria rank for net oda received from multilateral donors?
- Nigeria ranks 3rd out of 53 countries with data for 2011.
- Is net oda received from multilateral donors rising or falling in Nigeria?
- Over the last ten years it is up 690.5%. 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 multilateral donors (constant 2010 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 constant 2008 dollars.