Foreign direct investment (FDI) inflows (millions of United States) in Western Africa
Western Africa: Foreign direct investment (FDI) inflows (millions of United States) was 15,214 million current US$ in 2024. ◆ Volatile
Latest (2024)
15,214 million current US$
Change on year
down 6.8%
Rank
27th
of 35 groups
All-time high
18,885 million current US$
in 2011
All-time low
1,367 million current US$
in 1991
Years of data
35
1990–2024
Foreign direct investment (FDI) inflows in Western Africa, 1990–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in million current US$.
Analysis
In 2024, foreign direct investment (fdi) inflows in Western Africa stood at 15,214 million current US$.
Compared with earlier readings it is down 6.8% on the previous year and up 27.1% over ten years.
Over the whole period, foreign direct investment (fdi) inflows in Western Africa peaked at 18,885 million current US$ in 2011 and was at its lowest, 1,367 million current US$, in 1991.
Western Africa ranks 27th of 35 groups on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Foreign direct investment (FDI) inflows (millions of United States) in Western Africa, year by year
| Year | million current US$ | Change |
|---|---|---|
| 1990 | 1,553 million current US$ | — |
| 1991 | 1,367 million current US$ | -12.0% |
| 1992 | 1,401 million current US$ | +2.5% |
| 1993 | 2,122 million current US$ | +51.4% |
| 1994 | 2,787 million current US$ | +31.4% |
| 1995 | 1,861 million current US$ | -33.2% |
| 1996 | 2,615 million current US$ | +40.5% |
| 1997 | 2,718 million current US$ | +3.9% |
| 1998 | 2,507 million current US$ | -7.8% |
| 1999 | 2,338 million current US$ | -6.7% |
| 2000 | 2,131 million current US$ | -8.9% |
| 2001 | 2,075 million current US$ | -2.6% |
| 2002 | 2,913 million current US$ | +40.4% |
| 2003 | 3,343 million current US$ | +14.7% |
| 2004 | 3,623 million current US$ | +8.4% |
| 2005 | 7,096 million current US$ | +95.8% |
| 2006 | 7,048 million current US$ | -0.7% |
| 2007 | 9,528 million current US$ | +35.2% |
| 2008 | 12,444 million current US$ | +30.6% |
| 2009 | 14,599 million current US$ | +17.3% |
| 2010 | 11,865 million current US$ | -18.7% |
| 2011 | 18,885 million current US$ | +59.2% |
| 2012 | 16,239 million current US$ | -14.0% |
| 2013 | 14,217 million current US$ | -12.5% |
| 2014 | 11,966 million current US$ | -15.8% |
| 2015 | 9,757 million current US$ | -18.5% |
| 2016 | 11,535 million current US$ | +18.2% |
| 2017 | 10,367 million current US$ | -10.1% |
| 2018 | 8,035 million current US$ | -22.5% |
| 2019 | 11,645 million current US$ | +44.9% |
| 2020 | 9,885 million current US$ | -15.1% |
| 2021 | 13,629 million current US$ | +37.9% |
| 2022 | 13,029 million current US$ | -4.4% |
| 2023 | 16,330 million current US$ | +25.3% |
| 2024 | 15,214 million current US$ | -6.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2,127 million current US$ | 1,367 million current US$ | 2,787 million current US$ | 10 |
| 2000s | 6,480 million current US$ | 2,075 million current US$ | 14,599 million current US$ | 10 |
| 2010s | 12,451 million current US$ | 8,035 million current US$ | 18,885 million current US$ | 10 |
| 2020s | 13,617 million current US$ | 9,885 million current US$ | 16,330 million current US$ | 5 |
Countries ranked near Western Africa
- 24 Saudi Arabia 15,738 million current US$ compare
- 25 Republic of Korea 15,226 million current US$ compare
- 25 South Korea 15,226 million current US$ compare
- 27 Colombia 14,234 million current US$ compare
- 28 Portugal 14,059 million current US$ compare
- 29 Japan 13,357 million current US$ compare
- 30 Poland 12,740 million current US$ compare
More economy & growth data for Western Africa
- Gross Domestic Product, GDP in millions constant 2021 international $ 2.53 million (2027)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 1.95 % (2024)
- GDP Deflator — Value US$, 2015 prices, annual growth rate -26.52 % change on previous year (2024)
- Gross Fixed Capital Formation Deflator — Value US$, 2015 prices -35.22 % change on previous year (2024)
- Gross Domestic Product — Value US$, annual growth rate -23.38 % change on previous year (2024)
- Gross Domestic Product — Value US$, 2015 prices, annual growth rate 4.28 % change on previous year (2024)
- Gross Fixed Capital Formation — Value US$, annual growth rate -31.89 % change on previous year (2024)
- Gross Domestic Product — Annual growth US$ per capita -25.09 % (2024)
- Gross Domestic Product — Value US$, 2015 prices 884,444 million USD (2024)
- Gross Domestic Product — Annual growth US$ -23.38 % (2024)
Frequently asked questions
- What is foreign direct investment (fdi) inflows in Western Africa?
- Foreign direct investment (fdi) inflows in Western Africa was 15,214 million current US$ in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest foreign direct investment (fdi) inflows recorded in Western Africa?
- The highest recorded value was 18,885 million current US$ in 2011.
- What is the lowest foreign direct investment (fdi) inflows recorded in Western Africa?
- The lowest recorded value was 1,367 million current US$ in 1991.
- How does Western Africa rank for foreign direct investment (fdi) inflows?
- Western Africa ranks 27th out of 35 groups with data for 2024.
- Is foreign direct investment (fdi) inflows rising or falling in Western Africa?
- Over the last ten years it is up 27.1%. The long-run trend across the full record is volatile.
- Where does this Western Africa data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Foreign direct investment (FDI) inflows (millions of United States dollars). Statizoid updates them automatically from the source API.
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