Grants, excluding technical cooperation in Nigeria
Nigeria: Grants, excluding technical cooperation was 1.92 billion BoP, current US$ in 2023. ◆ Volatile
Grants, excluding technical cooperation in Nigeria, 1960–2023
Source: DAC2A: Aid (ODA) disbursements to countries and regions, Organisation for Economic Co-operation and Development (OECD). Measured in BoP, current US$.
Analysis
In 2023, grants, excluding technical cooperation in Nigeria stood at 1.92 billion BoP, current US$.
Compared with earlier readings it is down 2.3% on the previous year and up 42.4% over ten years.
Over the whole period, grants, excluding technical cooperation in Nigeria peaked at 11.39 billion BoP, current US$ in 2006 and was at its lowest, 420,000 BoP, current US$, in 1983.
That places Nigeria 14th out of 181 countries with data for 2023, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Grants, excluding technical cooperation in Nigeria, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1960 | 16.31 million BoP, current US$ | — |
| 1961 | 7.46 million BoP, current US$ | -54.3% |
| 1962 | 14.26 million BoP, current US$ | +91.2% |
| 1963 | 18.34 million BoP, current US$ | +28.6% |
| 1964 | 27.33 million BoP, current US$ | +49.0% |
| 1965 | 30.31 million BoP, current US$ | +10.9% |
| 1966 | 5.19 million BoP, current US$ | -82.9% |
| 1967 | 5.53 million BoP, current US$ | +6.6% |
| 1968 | 26.05 million BoP, current US$ | +371.1% |
| 1969 | 44.61 million BoP, current US$ | +71.2% |
| 1970 | 40.30 million BoP, current US$ | -9.7% |
| 1971 | 32.88 million BoP, current US$ | -18.4% |
| 1972 | 4.94 million BoP, current US$ | -85.0% |
| 1973 | 7.26 million BoP, current US$ | +47.0% |
| 1974 | 8.73 million BoP, current US$ | +20.2% |
| 1975 | 10.38 million BoP, current US$ | +18.9% |
| 1976 | 6.20 million BoP, current US$ | -40.3% |
| 1977 | 6.05 million BoP, current US$ | -2.4% |
| 1978 | 6.54 million BoP, current US$ | +8.1% |
| 1979 | 2.41 million BoP, current US$ | -63.1% |
| 1980 | 2.68 million BoP, current US$ | +11.2% |
| 1981 | 6.14 million BoP, current US$ | +129.1% |
| 1982 | 4.45 million BoP, current US$ | -27.5% |
| 1983 | 420,000 BoP, current US$ | -90.6% |
| 1984 | 6.95 million BoP, current US$ | +1554.8% |
| 1985 | 3.77 million BoP, current US$ | -45.8% |
| 1986 | 8.73 million BoP, current US$ | +131.6% |
| 1987 | 13.79 million BoP, current US$ | +58.0% |
| 1988 | 35.52 million BoP, current US$ | +157.6% |
| 1989 | 127.80 million BoP, current US$ | +259.8% |
| 1990 | 124.70 million BoP, current US$ | -2.4% |
| 1991 | 130.77 million BoP, current US$ | +4.9% |
| 1992 | 116.27 million BoP, current US$ | -11.1% |
| 1993 | 53.65 million BoP, current US$ | -53.9% |
| 1994 | 43.21 million BoP, current US$ | -19.5% |
| 1995 | 32.62 million BoP, current US$ | -24.5% |
| 1996 | 24.14 million BoP, current US$ | -26.0% |
| 1997 | 27.10 million BoP, current US$ | +12.2% |
| 1998 | 33.31 million BoP, current US$ | +22.9% |
| 1999 | 47.78 million BoP, current US$ | +43.4% |
| 2000 | 49.59 million BoP, current US$ | +3.8% |
| 2001 | 89.88 million BoP, current US$ | +81.2% |
| 2002 | 107.31 million BoP, current US$ | +19.4% |
| 2003 | 114.86 million BoP, current US$ | +7.0% |
| 2004 | 165.13 million BoP, current US$ | +43.8% |
| 2005 | 5.84 billion BoP, current US$ | +3436.5% |
| 2006 | 11.39 billion BoP, current US$ | +95.0% |
| 2007 | 1.30 billion BoP, current US$ | -88.5% |
| 2008 | 832.29 million BoP, current US$ | -36.2% |
| 2009 | 934.74 million BoP, current US$ | +12.3% |
| 2010 | 804.69 million BoP, current US$ | -13.9% |
| 2011 | 858.59 million BoP, current US$ | +6.7% |
| 2012 | 1.09 billion BoP, current US$ | +27.3% |
| 2013 | 1.35 billion BoP, current US$ | +23.7% |
| 2014 | 1.16 billion BoP, current US$ | -13.9% |
| 2015 | 1.16 billion BoP, current US$ | -0.7% |
| 2016 | 1.40 billion BoP, current US$ | +21.0% |
| 2017 | 2.03 billion BoP, current US$ | +45.5% |
| 2018 | 1.96 billion BoP, current US$ | -3.5% |
| 2019 | 1.75 billion BoP, current US$ | -11.0% |
| 2020 | 1.98 billion BoP, current US$ | +13.6% |
| 2021 | 2.15 billion BoP, current US$ | +8.6% |
| 2022 | 1.97 billion BoP, current US$ | -8.6% |
| 2023 | 1.92 billion BoP, current US$ | -2.3% |
Nigeria compared with similar countries
- Nigeria's 1.92 billion BoP, current US$ is above the median for lower middle income countries, which is 437.72 million BoP, current US$, 4.4× the median. (47 countries reporting)
- Nigeria's 1.92 billion BoP, current US$ is above the median for Sub-Saharan Africa, which is 635.51 million BoP, current US$, 3.0× the median. (48 countries reporting)
Biggest year-on-year movements
Years where Grants, excluding technical cooperation in Nigeria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2005 | +3436.5% | 165.13 million BoP, current US$ | 5.84 billion BoP, current US$ |
| 1984 | +1554.8% | 420,000 BoP, current US$ | 6.95 million BoP, current US$ |
| 1968 | +371.1% | 5.53 million BoP, current US$ | 26.05 million BoP, current US$ |
| 1989 | +259.8% | 35.52 million BoP, current US$ | 127.80 million BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 19.54 million BoP, current US$ | 5.19 million BoP, current US$ | 44.61 million BoP, current US$ | 10 |
| 1970s | 12.57 million BoP, current US$ | 2.41 million BoP, current US$ | 40.30 million BoP, current US$ | 10 |
| 1980s | 21.02 million BoP, current US$ | 420,000 BoP, current US$ | 127.80 million BoP, current US$ | 10 |
| 1990s | 63.35 million BoP, current US$ | 24.14 million BoP, current US$ | 130.77 million BoP, current US$ | 10 |
| 2000s | 2.08 billion BoP, current US$ | 49.59 million BoP, current US$ | 11.39 billion BoP, current US$ | 10 |
| 2010s | 1.36 billion BoP, current US$ | 804.69 million BoP, current US$ | 2.03 billion BoP, current US$ | 10 |
| 2020s | 2.01 billion BoP, current US$ | 1.92 billion BoP, current US$ | 2.15 billion BoP, current US$ | 4 |
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.19 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0041 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 5 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 4.01 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 148.16 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0138 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 16.86 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 13.91 % change on previous year (2025)
Frequently asked questions
- What is grants, excluding technical cooperation in Nigeria?
- Grants, excluding technical cooperation in Nigeria was 1.92 billion BoP, current US$ in 2023, according to DAC2A: Aid (ODA) disbursements to countries and regions, Organisation for Economic Co-operation and Development (OECD).
- What is the highest grants, excluding technical cooperation recorded in Nigeria?
- The highest recorded value was 11.39 billion BoP, current US$ in 2006.
- What is the lowest grants, excluding technical cooperation recorded in Nigeria?
- The lowest recorded value was 420,000 BoP, current US$ in 1983.
- How does Nigeria rank for grants, excluding technical cooperation?
- Nigeria ranks 14th out of 181 countries with data for 2023.
- Is grants, excluding technical cooperation rising or falling in Nigeria?
- Over the last ten years it is up 42.4%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from DAC2A: Aid (ODA) disbursements to countries and regions, Organisation for Economic Co-operation and Development (OECD), published as part of Grants, excluding technical cooperation (BoP, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 64 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Grants are transfers made in cash, goods or services for which no repayment is required. For ODA reporting purposes, they also include forgiveness of non-military debt, support to non-governmental organisations, certain interest subsidies, and certain costs incurred in the implementation of aid. Grants to multilateral agencies intended to soften the terms of the latter’s lending are a direct resource outflow and should also be recorded as ODA grants. For OOF reporting purposes, grants for commercial purposes such as subsidies to national private investors, and grants to forgive military debt, are also included. Grant-like flows are assimilated to grants. They comprise a) loans for which the service payments are to be made into an account in the borrowing country and used in the borrowing country for its own benefit, and b) provision of commodities for sale in the recipient’s currency the proceeds of which are used in the recipient country for its own benefit. Data are in current U.S. dollars.