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$, in 1961.
That places Nigeria 3rd out of 53 countries with data for 2011, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 3.41 million current US$ | -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)
- 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)
- Multilateral debt service 32.5% (2024)
- Multilateral debt service 1.26 billion TDS, current US$ (2024)
- Debt service on external debt, public and publicly guaranteed (PPG) 3.86 billion TDS, current US$ (2024)
- IMF repurchases and charges 1.93 billion TDS, current US$ (2024)
- PPG, official creditors 3.30 billion NFL, US$ (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.