Net ODA received from multilateral donors in Nigeria
Nigeria: Net ODA received from multilateral donors was 955.68 million current 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 current US$.
Analysis
Nigeria recorded 955.68 million current US$ for net oda received from multilateral donors in 2011.
Compared with earlier readings it is down 21.0% on the previous year and up 1,266.0% over ten years.
Over the whole period, net oda received from multilateral donors in Nigeria peaked at 1.21 billion current US$ in 2010 and was at its lowest, -650,000 current US$, in 1961.
That places Nigeria 3rd out of 53 countries with data for 2011, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Net ODA received from multilateral donors in Nigeria, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 470,000 current US$ | — |
| 1961 | -650,000 current US$ | -238.3% |
| 1962 | 1.06 million current US$ | -263.1% |
| 1963 | 1.90 million current US$ | +79.2% |
| 1964 | 2.30 million current US$ | +21.1% |
| 1965 | 7.47 million current US$ | +224.8% |
| 1966 | 1.85 million current US$ | -75.2% |
| 1967 | 4.16 million current US$ | +124.9% |
| 1968 | 4.32 million current US$ | +3.8% |
| 1969 | 11.19 million current US$ | +159.0% |
| 1970 | 16.65 million current US$ | +48.8% |
| 1971 | 18.47 million current US$ | +10.9% |
| 1972 | 13.04 million current US$ | -29.4% |
| 1973 | 16.33 million current US$ | +25.2% |
| 1974 | 16.66 million current US$ | +2.0% |
| 1975 | 13.85 million current US$ | -16.9% |
| 1976 | 5.49 million current US$ | -60.4% |
| 1977 | 13.24 million current US$ | +141.2% |
| 1978 | 16.46 million current US$ | +24.3% |
| 1979 | 15.12 million current US$ | -8.1% |
| 1980 | 17.53 million current US$ | +15.9% |
| 1981 | 22.88 million current US$ | +30.5% |
| 1982 | 18.60 million current US$ | -18.7% |
| 1983 | 17.57 million current US$ | -5.5% |
| 1984 | 17.66 million current US$ | +0.5% |
| 1985 | 15.74 million current US$ | -10.9% |
| 1986 | 18.90 million current US$ | +20.1% |
| 1987 | 16.61 million current US$ | -12.1% |
| 1988 | 20.96 million current US$ | +26.2% |
| 1989 | 32.35 million current US$ | +54.3% |
| 1990 | 73.40 million current US$ | +126.9% |
| 1991 | 86.68 million current US$ | +18.1% |
| 1992 | 117.75 million current US$ | +35.8% |
| 1993 | 206.38 million current US$ | +75.3% |
| 1994 | 142.26 million current US$ | -31.1% |
| 1995 | 138.75 million current US$ | -2.5% |
| 1996 | 142.09 million current US$ | +2.4% |
| 1997 | 148.02 million current US$ | +4.2% |
| 1998 | 169.27 million current US$ | +14.4% |
| 1999 | 96.10 million current US$ | -43.2% |
| 2000 | 89.06 million current US$ | -7.3% |
| 2001 | 69.96 million current US$ | -21.4% |
| 2002 | 84.63 million current US$ | +21.0% |
| 2003 | 108.88 million current US$ | +28.7% |
| 2004 | 262.73 million current US$ | +141.3% |
| 2005 | 477.39 million current US$ | +81.7% |
| 2006 | 606.70 million current US$ | +27.1% |
| 2007 | 569.90 million current US$ | -6.1% |
| 2008 | 650.90 million current US$ | +14.2% |
| 2009 | 967.35 million current US$ | +48.6% |
| 2010 | 1.21 billion current US$ | +25.1% |
| 2011 | 955.68 million current US$ | -21.0% |
Nigeria compared with similar countries
- Nigeria's 955.68 million current US$ is above the median for lower middle income countries, which is 202.71 million current US$, 4.7× the median. (24 countries reporting)
- Nigeria's 955.68 million current US$ is above the median for Sub-Saharan Africa, which is 230.25 million current US$, 4.2× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Net ODA received from multilateral donors in Nigeria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1961 | -238.3% | 470,000 current US$ | -650,000 current US$ |
| 1962 | +263.1% | -650,000 current US$ | 1.06 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 3.41 million current US$ | -650,000 current US$ | 11.19 million current US$ | 10 |
| 1970s | 14.53 million current US$ | 5.49 million current US$ | 18.47 million current US$ | 10 |
| 1980s | 19.88 million current US$ | 15.74 million current US$ | 32.35 million current US$ | 10 |
| 1990s | 132.07 million current US$ | 73.40 million current US$ | 206.38 million current US$ | 10 |
| 2000s | 388.75 million current US$ | 69.96 million current US$ | 967.35 million current US$ | 10 |
| 2010s | 1.08 billion current US$ | 955.68 million current US$ | 1.21 billion 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 multilateral donors in Nigeria?
- Net oda received from multilateral donors in Nigeria was 955.68 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 multilateral donors recorded in Nigeria?
- The highest recorded value was 1.21 billion current US$ in 2010.
- What is the lowest net oda received from multilateral donors recorded in Nigeria?
- The lowest recorded value was -650,000 current 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 1,266.0%. 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 (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.