Total ODA Private Net, all donors in Nigeria
Nigeria: Total ODA Private Net, all donors was 2.08 billion current US$ in 2011. ◆ Volatile
Total ODA Private Net, all donors in Nigeria, 1968–2011
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$.
Analysis
In 2011, total oda private net, all donors in Nigeria stood at 2.08 billion current US$.
The figure is up 449.3% on the previous year and up 47.4% over ten years.
Over the whole period, total oda private net, all donors in Nigeria peaked at 2.30 billion current US$ in 2009 and was at its lowest, -7.69 billion current US$, in 2006.
Nigeria ranks 5th of 53 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Total ODA Private Net, all donors in Nigeria, year by year
| Year | current US$ | Change |
|---|---|---|
| 1968 | 32.56 million current US$ | — |
| 1969 | 76.88 million current US$ | +136.1% |
| 1970 | 81.80 million current US$ | +6.4% |
| 1971 | 160.54 million current US$ | +96.3% |
| 1972 | 135.32 million current US$ | -15.7% |
| 1973 | -167.09 million current US$ | -223.5% |
| 1974 | -121.62 million current US$ | -27.2% |
| 1975 | 573.72 million current US$ | -571.7% |
| 1976 | 70.36 million current US$ | -87.7% |
| 1977 | 336.37 million current US$ | +378.1% |
| 1978 | 572.98 million current US$ | +70.3% |
| 1979 | 619.03 million current US$ | +8.0% |
| 1980 | 1.07 billion current US$ | +72.1% |
| 1981 | 1.53 billion current US$ | +43.5% |
| 1982 | 1.77 billion current US$ | +16.1% |
| 1983 | 1.54 billion current US$ | -13.4% |
| 1984 | 69.54 million current US$ | -95.5% |
| 1985 | -329.12 million current US$ | -573.3% |
| 1986 | 537.78 million current US$ | -263.4% |
| 1987 | 437.41 million current US$ | -18.7% |
| 1988 | -903.09 million current US$ | -306.5% |
| 1989 | 656.23 million current US$ | -172.7% |
| 1990 | -1.21 billion current US$ | -283.7% |
| 1991 | 301.62 million current US$ | -125.0% |
| 1992 | -814.85 million current US$ | -370.2% |
| 1993 | 418.07 million current US$ | -151.3% |
| 1994 | -357.20 million current US$ | -185.4% |
| 1995 | -419.49 million current US$ | +17.4% |
| 1996 | -90.61 million current US$ | -78.4% |
| 1997 | 843.40 million current US$ | -1030.8% |
| 1998 | 524.25 million current US$ | -37.8% |
| 1999 | -613.68 million current US$ | -217.1% |
| 2000 | -1.60 billion current US$ | +161.3% |
| 2001 | 1.41 billion current US$ | -188.0% |
| 2002 | 1.47 billion current US$ | +4.3% |
| 2003 | 1.78 billion current US$ | +20.7% |
| 2004 | 586.77 million current US$ | -67.0% |
| 2005 | 1.28 billion current US$ | +118.0% |
| 2006 | -7.69 billion current US$ | -701.0% |
| 2007 | -394.22 million current US$ | -94.9% |
| 2008 | 1.71 billion current US$ | -534.6% |
| 2009 | 2.30 billion current US$ | +34.2% |
| 2010 | -595.92 million current US$ | -125.9% |
| 2011 | 2.08 billion current US$ | -449.3% |
Nigeria compared with similar countries
- Nigeria's 2.08 billion current US$ is above the median for lower middle income countries, which is 46.69 million current US$, 44.6× the median. (24 countries reporting)
- Nigeria's 2.08 billion current US$ is above the median for Sub-Saharan Africa, which is 3.65 million current US$, 570.2× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Total ODA Private Net, all donors in Nigeria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1997 | +1030.8% | -90.61 million current US$ | 843.40 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 54.72 million current US$ | 32.56 million current US$ | 76.88 million current US$ | 2 |
| 1970s | 226.14 million current US$ | -167.09 million current US$ | 619.03 million current US$ | 10 |
| 1980s | 637.34 million current US$ | -903.09 million current US$ | 1.77 billion current US$ | 10 |
| 1990s | -141.42 million current US$ | -1.21 billion current US$ | 843.40 million current US$ | 10 |
| 2000s | 85.18 million current US$ | -7.69 billion current US$ | 2.30 billion current US$ | 10 |
| 2010s | 742.73 million current US$ | -595.92 million current US$ | 2.08 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 total oda private net, all donors in Nigeria?
- Total oda private net, all donors in Nigeria was 2.08 billion 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 total oda private net, all donors recorded in Nigeria?
- The highest recorded value was 2.30 billion current US$ in 2009.
- What is the lowest total oda private net, all donors recorded in Nigeria?
- The lowest recorded value was -7.69 billion current US$ in 2006.
- How does Nigeria rank for total oda private net, all donors?
- Nigeria ranks 5th out of 53 countries with data for 2011.
- Is total oda private net, all donors rising or falling in Nigeria?
- Over the last ten years it is up 47.4%. 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 Total ODA Private Net, all donors (current US$). Statizoid updates them automatically from the source API.
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About this data
Net private aid is private transactions broken down into direct investment, portfolio investment and export credits (net). Private transactions are those undertaken by firms and individuals resident in the reporting country. Portfolio investment corresponds to bonds and equities. Inflows into emerging countries’ stocks markets, are, however, heavily understated. Accordingly, the coverage of portfolio investment differs in these regards from the coverage of bank claims, which include indistinguishably export credit lending by banks. The bank claims data represent the net change in banks’ claims after adjustment to eliminate the effect of changes in exchange rates. They are therefore a proxy for net flow data, but are not themselves a net flow figure. They differ in two further regards from other OECD data. First, they relate to loans by banks resident in countries which report quarterly to the Bank for International Settlements (BIS). Secondly, no adjustment has been made to exclude short-term claims.