Net ODA received in Nigeria
Nigeria: Net ODA received was 1.6% in 2011. ◆ Volatile
Net ODA received in Nigeria, 2005–2011
Source: Development Assistance Committee of the Organisation for Economic Co-operation and Development, and World Bank imports of goods and services estimates. Measured in % exports and imports.
Analysis
In 2011, net oda received in Nigeria stood at 1.6%.
Compared with earlier readings it is down 29.4% on the previous year and down 90.8% over ten years.
That places Nigeria 35th out of 41 countries with data for 2011, putting it in the bottom quarter.
Net ODA received in Nigeria, year by year
| Year | % exports and imports | Change |
|---|---|---|
| 2005 | 17.9% | — |
| 2006 | 27.0% | +50.5% |
| 2007 | 3.2% | -88.1% |
| 2008 | 1.6% | -50.8% |
| 2009 | 2.6% | +61.8% |
| 2010 | 2.3% | -8.7% |
| 2011 | 1.6% | -29.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 10.4% | 1.6% | 27.0% | 5 |
| 2010s | 2.0% | 1.6% | 2.3% | 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 in Nigeria?
- Net oda received in Nigeria was 1.6% in 2011, according to Development Assistance Committee of the Organisation for Economic Co-operation and Development, and World Bank imports of goods and services estimates.
- What is the highest net oda received recorded in Nigeria?
- The highest recorded value was 27.0% in 2006.
- What is the lowest net oda received recorded in Nigeria?
- The lowest recorded value was 1.6% in 2008.
- How does Nigeria rank for net oda received?
- Nigeria ranks 35th out of 41 countries with data for 2011.
- Is net oda received rising or falling in Nigeria?
- Over the last ten years it is down 90.8%. 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, and World Bank imports of goods and services estimates, published as part of Net ODA received (% exports and imports). Statizoid updates them automatically from the source API.
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About this data
Aid includes both official development assistance (ODA) and official aid. Ratios are computed using values in U.S. dollars converted at official exchange rates.