Foreign direct investment, net inflows, as a proportion of GDP in Nigeria
Nigeria: Foreign direct investment, net inflows, as a proportion of GDP was 0.4% in 2024. ◆ Volatile
Foreign direct investment, net inflows, as a proportion of GDP in Nigeria, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2024, foreign direct investment, net inflows, as a proportion of gdp in Nigeria stood at 0.4%.
That represents a change of up 11.5% on the previous year and down 47.6% over ten years.
Over the whole period, foreign direct investment, net inflows, as a proportion of gdp in Nigeria peaked at 2.9% in 2009 and was at its lowest, -0.0%, in 2022.
That places Nigeria 171st out of 212 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Foreign direct investment, net inflows, as a proportion of GDP in Nigeria, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 1.6% | — |
| 2001 | 1.6% | -1.8% |
| 2002 | 2.0% | +21.8% |
| 2003 | 1.9% | -2.9% |
| 2004 | 1.4% | -27.9% |
| 2005 | 2.8% | +105.5% |
| 2006 | 2.0% | -28.2% |
| 2007 | 2.2% | +6.6% |
| 2008 | 2.4% | +11.3% |
| 2009 | 2.9% | +20.2% |
| 2010 | 1.6% | -43.4% |
| 2011 | 2.1% | +29.9% |
| 2012 | 1.5% | -28.6% |
| 2013 | 1.1% | -29.8% |
| 2014 | 0.8% | -23.6% |
| 2015 | 0.6% | -24.0% |
| 2016 | 0.9% | +37.3% |
| 2017 | 0.6% | -24.7% |
| 2018 | 0.2% | -71.4% |
| 2019 | 0.3% | +87.7% |
| 2020 | 0.4% | +15.5% |
| 2021 | 0.5% | +36.5% |
| 2022 | -0.0% | -105.3% |
| 2023 | 0.4% | -1430.6% |
| 2024 | 0.4% | +11.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.1% | 1.4% | 2.9% | 10 |
| 2010s | 1.0% | 0.2% | 2.1% | 10 |
| 2020s | 0.3% | -0.0% | 0.5% | 5 |
Countries ranked near Nigeria
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)
- Total reserves minus gold (current US$), annual growth rate 11.4 % change on previous year (2025)
- Total reserves minus gold (current US$), per unit of GDP 0.1479 current US$ per US$ of GDP (2025)
- Total reserves minus gold (current US$), per capita 181.09 current US$ per person (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual 5.18 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 348.91 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 427,154 current LCU per person (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 2.92 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 0.4555 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is foreign direct investment, net inflows, as a proportion of gdp in Nigeria?
- Foreign direct investment, net inflows, as a proportion of gdp in Nigeria was 0.4% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest foreign direct investment, net inflows, as a proportion of gdp recorded in Nigeria?
- The highest recorded value was 2.9% in 2009.
- What is the lowest foreign direct investment, net inflows, as a proportion of gdp recorded in Nigeria?
- The lowest recorded value was -0.0% in 2022.
- How does Nigeria rank for foreign direct investment, net inflows, as a proportion of gdp?
- Nigeria ranks 171st out of 212 countries with data for 2024.
- Is foreign direct investment, net inflows, as a proportion of gdp rising or falling in Nigeria?
- Over the last ten years it is down 47.6%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Foreign direct investment, net inflows, as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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