Net ODA received in Nigeria
Nigeria: Net ODA received was 0.7% in 2011. ◆ Volatile
Net ODA received 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 % of GDP.
Analysis
The most recent figure for net oda received in Nigeria is 0.7%, measured in 2011.
The figure is down 17.6% on the previous year and up 102.4% over ten years.
Over the whole period, net oda received in Nigeria peaked at 7.9% in 2006 and was at its lowest, 0.1%, in 1980.
Nigeria ranks 45th of 53 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net ODA received in Nigeria, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 0.8% | — |
| 1961 | 0.7% | -12.5% |
| 1962 | 0.6% | -7.2% |
| 1963 | 0.4% | -36.4% |
| 1964 | 0.8% | +101.9% |
| 1965 | 1.3% | +58.3% |
| 1966 | 1.1% | -16.2% |
| 1967 | 1.4% | +30.3% |
| 1968 | 1.3% | -5.5% |
| 1969 | 1.3% | -3.0% |
| 1970 | 0.9% | -33.2% |
| 1971 | 1.2% | +36.1% |
| 1972 | 0.7% | -42.0% |
| 1973 | 0.5% | -25.5% |
| 1974 | 0.3% | -42.0% |
| 1975 | 0.3% | +0.2% |
| 1976 | 0.1% | -51.3% |
| 1977 | 0.1% | -18.3% |
| 1978 | 0.1% | -5.7% |
| 1979 | 0.1% | -50.4% |
| 1980 | 0.1% | -1.6% |
| 1981 | 0.1% | +22.3% |
| 1982 | 0.1% | +7.2% |
| 1983 | 0.1% | +90.5% |
| 1984 | 0.1% | -14.1% |
| 1985 | 0.1% | -2.9% |
| 1986 | 0.3% | +157.6% |
| 1987 | 0.3% | +0.3% |
| 1988 | 0.5% | +79.2% |
| 1989 | 1.4% | +179.2% |
| 1990 | 0.9% | -37.9% |
| 1991 | 0.9% | +5.6% |
| 1992 | 0.8% | -16.3% |
| 1993 | 1.4% | +70.7% |
| 1994 | 0.8% | -40.7% |
| 1995 | 0.8% | -6.4% |
| 1996 | 0.5% | -28.8% |
| 1997 | 0.6% | +3.1% |
| 1998 | 0.6% | +14.6% |
| 1999 | 0.4% | -30.9% |
| 2000 | 0.4% | -13.5% |
| 2001 | 0.4% | -2.8% |
| 2002 | 0.5% | +37.3% |
| 2003 | 0.5% | -9.6% |
| 2004 | 0.7% | +44.2% |
| 2005 | 5.7% | +769.3% |
| 2006 | 7.9% | +37.6% |
| 2007 | 1.2% | -85.0% |
| 2008 | 0.6% | -47.2% |
| 2009 | 1.0% | +57.8% |
| 2010 | 0.9% | -8.2% |
| 2011 | 0.7% | -17.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.0% | 0.4% | 1.4% | 10 |
| 1970s | 0.4% | 0.1% | 1.2% | 10 |
| 1980s | 0.3% | 0.1% | 1.4% | 10 |
| 1990s | 0.8% | 0.4% | 1.4% | 10 |
| 2000s | 1.9% | 0.4% | 7.9% | 10 |
| 2010s | 0.8% | 0.7% | 0.9% | 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 0.7% 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 recorded in Nigeria?
- The highest recorded value was 7.9% in 2006.
- What is the lowest net oda received recorded in Nigeria?
- The lowest recorded value was 0.1% in 1980.
- How does Nigeria rank for net oda received?
- Nigeria ranks 45th out of 53 countries with data for 2011.
- Is net oda received rising or falling in Nigeria?
- Over the last ten years it is up 102.4%. 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 (% of GDP). 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.