Total FDI inflows — Value US$, 2015 prices, annual growth rate in Nigeria

Nigeria: Total FDI inflows — Value US$, 2015 prices, annual growth rate was 180.26 % change on previous year in 2023. ◆ Volatile

Latest (2023)
180.26 % change on previous year
Change on year
up 341.3%
World rank
14th
of 206 countries
All-time high
180.26 % change on previous year
in 2023
All-time low
-74.71 % change on previous year
in 2022
Years of data
33
1991–2023

Total FDI inflows — Value US$, 2015 prices, annual growth rate in Nigeria, 1991–2023

-10001002001991200720231991: 16.3 % change on previous year1992: 22.4 % change on previous year1993: 46.2 % change on previous year1994: 37.6 % change on previous year1995: -45.6 % change on previous year1996: 69.3 % change on previous year1997: -26.3 % change on previous year1998: -27.1 % change on previous year1999: -4 % change on previous year2000: -0.161 % change on previous year2001: -3.1 % change on previous year2002: 43 % change on previous year2003: 3.9 % change on previous year2004: -17.7 % change on previous year2005: 92.9 % change on previous year2006: -22.2 % change on previous year2007: 13.5 % change on previous year2008: 18.3 % change on previous year2009: 30.8 % change on previous year2010: -38.8 % change on previous year2011: 36.3 % change on previous year2012: -25.6 % change on previous year2013: -25.1 % change on previous year2014: -19.4 % change on previous year2015: -23 % change on previous year2016: 35.5 % change on previous year2017: -24.1 % change on previous year2018: -70.8 % change on previous year2019: 170.1 % change on previous year2020: 12.2 % change on previous year2021: 43.6 % change on previous year2022: -74.7 % change on previous year2023: 180.3 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Nigeria recorded 180.26 % change on previous year for total fdi inflows — value us$, 2015 prices, annual growth rate in 2023. That is the highest value across all 33 years on record.

That represents a change of up 341.3% on the previous year and up 817.5% over ten years.

Over the whole period, total fdi inflows — value us$, 2015 prices, annual growth rate in Nigeria peaked at 180.26 % change on previous year in 2023 and was at its lowest, -74.71 % change on previous year, in 2022.

That places Nigeria 14th out of 206 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.

Total FDI inflows — Value US$, 2015 prices, annual growth rate in Nigeria, year by year

Annual values for Total FDI inflows — Value US$, 2015 prices, annual growth rate in Nigeria, 1991 to 2023.
Year % change on previous year Change
1991 16.27 % change on previous year —
1992 22.42 % change on previous year +37.8%
1993 46.22 % change on previous year +106.1%
1994 37.63 % change on previous year -18.6%
1995 -45.57 % change on previous year -221.1%
1996 69.25 % change on previous year -252.0%
1997 -26.3 % change on previous year -138.0%
1998 -27.14 % change on previous year +3.2%
1999 -4.03 % change on previous year -85.2%
2000 -0.1613 % change on previous year -96.0%
2001 -3.08 % change on previous year +1812.2%
2002 42.96 % change on previous year -1493.0%
2003 3.88 % change on previous year -91.0%
2004 -17.68 % change on previous year -556.0%
2005 92.89 % change on previous year -625.5%
2006 -22.16 % change on previous year -123.9%
2007 13.47 % change on previous year -160.8%
2008 18.32 % change on previous year +36.0%
2009 30.81 % change on previous year +68.2%
2010 -38.82 % change on previous year -226.0%
2011 36.31 % change on previous year -193.5%
2012 -25.57 % change on previous year -170.4%
2013 -25.12 % change on previous year -1.7%
2014 -19.41 % change on previous year -22.8%
2015 -22.97 % change on previous year +18.4%
2016 35.52 % change on previous year -254.6%
2017 -24.14 % change on previous year -168.0%
2018 -70.83 % change on previous year +193.4%
2019 170.1 % change on previous year -340.2%
2020 12.17 % change on previous year -92.8%
2021 43.63 % change on previous year +258.5%
2022 -74.71 % change on previous year -271.2%
2023 180.26 % change on previous year -341.3%

Nigeria compared with similar countries

  • Nigeria's 180.26 % change on previous year is above the median for lower middle income countries, which is -0.7128 % change on previous year. (41 countries reporting)
  • Nigeria's 180.26 % change on previous year is above the median for Sub-Saharan Africa, which is -5.14 % change on previous year. (44 countries reporting)

Biggest year-on-year movements

Years where Total FDI inflows — Value US$, 2015 prices, annual growth rate 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.

YearChange FromTo
2001 -1812.2% -0.1613 % change on previous year -3.08 % change on previous year
2002 +1493.0% -3.08 % change on previous year 42.96 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1990s 9.86 % change on previous year -45.57 % change on previous year 69.25 % change on previous year 9
2000s 15.93 % change on previous year -22.16 % change on previous year 92.89 % change on previous year 10
2010s 1.51 % change on previous year -70.83 % change on previous year 170.1 % change on previous year 10
2020s 40.34 % change on previous year -74.71 % change on previous year 180.26 % change on previous year 4

Countries ranked near Nigeria

  1. 11 Germany 202.83 % change on previous year compare
  2. 12 Tonga 199.86 % change on previous year compare
  3. 13 Polynesia 195.61 % change on previous year compare
  4. 15 Lao People's Democratic Republic 165.76 % change on previous year compare
  5. 16 Russian Federation 163.88 % change on previous year compare
  6. 17 Namibia 131.86 % change on previous year compare

See the full ranking of 236 places →

More economy & growth data for Nigeria

All data for Nigeria →

Frequently asked questions

What is total fdi inflows — value us$, 2015 prices, annual growth rate in Nigeria?
Total fdi inflows — value us$, 2015 prices, annual growth rate in Nigeria was 180.26 % change on previous year in 2023, according to Statizoid (derived).
What is the highest total fdi inflows — value us$, 2015 prices, annual growth rate recorded in Nigeria?
The highest recorded value was 180.26 % change on previous year in 2023.
What is the lowest total fdi inflows — value us$, 2015 prices, annual growth rate recorded in Nigeria?
The lowest recorded value was -74.71 % change on previous year in 2022.
How does Nigeria rank for total fdi inflows — value us$, 2015 prices, annual growth rate?
Nigeria ranks 14th out of 206 countries with data for 2023.
Is total fdi inflows — value us$, 2015 prices, annual growth rate rising or falling in Nigeria?
Over the last ten years it is up 817.5%. The long-run trend across the full record is volatile.
Where does this Nigeria data come from?
The figures come from Statizoid (derived), published as part of Total FDI inflows — Value US$, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.

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Total FDI inflows — Value US$, 2015 prices, annual growth rate in Nigeria. Statizoid, drawing on Statizoid (derived). Retrieved 30 September 2026, from https://economy.statizoid.com/stat/total-fdi-inflows-value-us-2015-prices-annual-growth-rate/nigeria/

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How this figure is calculated

The year-on-year percentage change in Total FDI inflows — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Total FDI inflows — Value US$, 2015 prices, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
236 places, 7,217 data points, 1991–2023
Last refreshed

The year-on-year percentage change in Total FDI inflows — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.