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
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$, in 1961.
That places Nigeria 3rd out of 53 countries with data for 2011, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 24.84 million constant 2010 US$ | -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)
- Public and publicly guaranteed debt service 1.6% (2024)
- Net financial flows, IDA 1.92 billion NFL, current US$ (2024)
- Net financial flows, IBRD 758.21 million NFL, current US$ (2024)
- Public and publicly guaranteed debt service 6.3% (2024)
- Use of IMF credit 6.05 billion DOD, current US$ (2024)
- External debt stocks, public and publicly guaranteed (PPG) 50.19 billion DOD, current US$ (2024)
- IBRD loans and IDA credits 17.84 billion DOD, current US$ (2024)
- Net financial flows, bilateral 112.67 million NFL, current US$ (2024)
- Net financial flows, multilateral 3.19 billion NFL, current US$ (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.