Foreign aid and investments received in Nigeria
Nigeria: Foreign aid and investments received was 5.36 billion millions of current united states dollars in 2024. ◆ Volatile
Latest (2024)
5.36 billion millions of current united states dollars
Change on year
up 9.4%
World rank
15th
of 155 countries
All-time high
22.50 billion millions of current united states dollars
in 2015
All-time low
-9.36 billion millions of current united states dollars
in 2016
Years of data
25
2000–2024
Foreign aid and investments received in Nigeria, 2000–2024
Source: Organisation for Economic Co-operation and Development – processed by Our World in Data. Measured in millions of current united states dollars.
Analysis
In 2024, foreign aid and investments received in Nigeria stood at 5.36 billion millions of current united states dollars.
That represents a change of up 9.4% on the previous year and down 20.7% over ten years.
Over the whole period, foreign aid and investments received in Nigeria peaked at 22.50 billion millions of current united states dollars in 2015 and was at its lowest, -9.36 billion millions of current united states dollars, in 2016.
That places Nigeria 15th out of 155 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Foreign aid and investments received in Nigeria, year by year
| Year | millions of current united states dollars | Change |
|---|---|---|
| 2000 | -1.99 billion millions of current united states dollars | — |
| 2001 | 1.08 billion millions of current united states dollars | -154.3% |
| 2002 | 4.71 billion millions of current united states dollars | +334.8% |
| 2003 | 2.20 billion millions of current united states dollars | -53.3% |
| 2004 | 1.32 billion millions of current united states dollars | -39.8% |
| 2005 | 7.58 billion millions of current united states dollars | +473.6% |
| 2006 | -2.96 billion millions of current united states dollars | -139.1% |
| 2007 | 1.40 billion millions of current united states dollars | -147.2% |
| 2008 | 2.56 billion millions of current united states dollars | +83.3% |
| 2009 | 3.96 billion millions of current united states dollars | +54.5% |
| 2010 | 285.06 million millions of current united states dollars | -92.8% |
| 2011 | 4.10 billion millions of current united states dollars | +1340.0% |
| 2012 | 6.37 billion millions of current united states dollars | +55.1% |
| 2013 | 4.71 billion millions of current united states dollars | -26.0% |
| 2014 | 6.76 billion millions of current united states dollars | +43.5% |
| 2015 | 22.50 billion millions of current united states dollars | +232.7% |
| 2016 | -9.36 billion millions of current united states dollars | -141.6% |
| 2017 | 8.33 billion millions of current united states dollars | -189.0% |
| 2018 | 3.91 billion millions of current united states dollars | -53.0% |
| 2019 | 6.40 billion millions of current united states dollars | +63.5% |
| 2020 | 3.56 billion millions of current united states dollars | -44.4% |
| 2021 | 6.15 billion millions of current united states dollars | +72.8% |
| 2022 | 3.57 billion millions of current united states dollars | -41.9% |
| 2023 | 4.90 billion millions of current united states dollars | +37.4% |
| 2024 | 5.36 billion millions of current united states dollars | +9.4% |
Nigeria compared with similar countries
- Nigeria's 5.36 billion millions of current united states dollars is above the median for lower middle income countries, which is 884.39 million millions of current united states dollars, 6.1× the median. (47 countries reporting)
- Nigeria's 5.36 billion millions of current united states dollars is above the median for Sub-Saharan Africa, which is 1.16 billion millions of current united states dollars, 4.6× the median. (48 countries reporting)
Biggest year-on-year movements
Years where Foreign aid and investments received 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 |
|---|---|---|---|
| 2011 | +1340.0% | 285.06 million millions of current united states dollars | 4.10 billion millions of current united states dollars |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.99 billion millions of current united states dollars | -2.96 billion millions of current united states dollars | 7.58 billion millions of current united states dollars | 10 |
| 2010s | 5.40 billion millions of current united states dollars | -9.36 billion millions of current united states dollars | 22.50 billion millions of current united states dollars | 10 |
| 2020s | 4.71 billion millions of current united states dollars | 3.56 billion millions of current united states dollars | 6.15 billion millions of current united states dollars | 5 |
Countries ranked near Nigeria
- 12 Saudi Arabia 5.77 billion millions of current united states dollars compare
- 13 Mozambique 5.49 billion millions of current united states dollars compare
- 14 Philippines 5.43 billion millions of current united states dollars compare
- 16 Bangladesh 5.29 billion millions of current united states dollars compare
- 17 Malaysia 4.78 billion millions of current united states dollars compare
- 18 Palestine 4.56 billion millions of current united states dollars compare
More economy & growth data for Nigeria
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.04 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.32 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 3.99 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0148 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 18.13 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.9704 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0108 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 13.24 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -17.26 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0107 units per US$ of GDP (2025)
Frequently asked questions
- What is foreign aid and investments received in Nigeria?
- Foreign aid and investments received in Nigeria was 5.36 billion millions of current united states dollars in 2024, according to Organisation for Economic Co-operation and Development – processed by Our World in Data.
- What is the highest foreign aid and investments received recorded in Nigeria?
- The highest recorded value was 22.50 billion millions of current united states dollars in 2015.
- What is the lowest foreign aid and investments received recorded in Nigeria?
- The lowest recorded value was -9.36 billion millions of current united states dollars in 2016.
- How does Nigeria rank for foreign aid and investments received?
- Nigeria ranks 15th out of 155 countries with data for 2024.
- Is foreign aid and investments received rising or falling in Nigeria?
- Over the last ten years it is down 20.7%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from Organisation for Economic Co-operation and Development – processed by Our World in Data, published as part of Foreign aid and investments received. Statizoid updates them automatically from the source API.
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About this data
Total assistance for development, by recipient countries (millions of current United States dollars).