Total FDI inflows — Value US$, 2015 prices in Nigeria
Nigeria: Total FDI inflows — Value US$, 2015 prices was 2,835 million USD in 2023. ▼ Falling
Total FDI inflows — Value US$, 2015 prices in Nigeria, 1990–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2023, total fdi inflows — value us$, 2015 prices in Nigeria stood at 2,835 million USD.
Compared with earlier readings it is up 180.3% on the previous year and down 42.6% over ten years.
Over the whole period, total fdi inflows — value us$, 2015 prices in Nigeria peaked at 10,620 million USD in 2009 and was at its lowest, 919 million USD, in 2018.
That places Nigeria 57th out of 185 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently falling across the 34 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4,369 million USD | 2,503 million USD | 7,172 million USD | 10 |
| 2000s | 5,974 million USD | 3,294 million USD | 10,620 million USD | 10 |
| 2010s | 4,463 million USD | 919 million USD | 8,856 million USD | 10 |
| 2020s | 2,657 million USD | 1,011 million USD | 3,999 million USD | 4 |
Countries ranked near Nigeria
- 54 Estonia, Republic of 3,084 million USD compare
- 55 Cyprus 3,057 million USD compare
- 56 Kazakhstan, Republic of 2,947 million USD compare
- 58 Peru 2,807 million USD compare
- 59 Uruguay 2,760 million USD compare
- 60 Bangladesh 2,747 million USD compare
More economy & growth data for Nigeria
- Inflation of consumer prices 23.01 (2025)
- Gdp per capita worldbank constant usd 2,369 (2025)
- Manufacturing value added to gdp 8.26 (2025)
- Gdp worldbank constant usd 562.59 billion (2025)
- Gdp per capita in international and market dollars 2,369 (2025)
- DEC alternative conversion factor 1,518 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 35.23 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 23.20 billion current US$ (2025)
- Taxes less subsidies on products 10.36 trillion current LCU (2025)
- Taxes less subsidies on products 6.82 billion current US$ (2025)
Frequently asked questions
- What is total fdi inflows — value us$, 2015 prices in Nigeria?
- Total fdi inflows — value us$, 2015 prices in Nigeria was 2,835 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest total fdi inflows — value us$, 2015 prices recorded in Nigeria?
- The highest recorded value was 10,620 million USD in 2009.
- What is the lowest total fdi inflows — value us$, 2015 prices recorded in Nigeria?
- The lowest recorded value was 919 million USD in 2018.
- How does Nigeria rank for total fdi inflows — value us$, 2015 prices?
- Nigeria ranks 57th out of 185 countries with data for 2023.
- Is total fdi inflows — value us$, 2015 prices rising or falling in Nigeria?
- Over the last ten years it is down 42.6%. The long-run trend across the full record is falling.
- Where does this Nigeria data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Total FDI inflows — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
FDI is an investment which aims to acquire a lasting management influence (10 percent or more of the voting stock) in an enterprise operating in a foreign economy. FDI may be undertaken by individuals, as well as business entities. The foreign direct investor most often is aiming to gain access to natural resources, to markets, to labour supply, to technology, to ensure security of supplies or to control the quality of a certain product. FDI can be decomposed into two types of investments: mergers and acquisitions (MA) and greenfield investments. The latter type results in the creation of new entities and the setting up of offices, buildings, plants or factories from scratch in a foreign economy. FDI is the sum of equity capital, reinvested earnings and other FDI capital. Equity capital comprises equity in branches, all shares in subsidiaries and associates (except non-participating, preferred shares that are treated as debt securities and are included under other FDI capital) and other contributions such as the provision of machinery. Reinvested earnings consist of the direct investor's share (in proportion to equity participation) of earnings not distributed by the direct investment enterprise. Other FDI capital (loans) includes the borrowing and lending of funds, including debt securities and trade credits between direct investors and direct investment enterprises. FDI inflows and outflows are important for tracking the direct investment conditions each year. Outward Foreign Direct Investment (FDI) flows record the value of cross-border direct investment transactions from the reporting economy during a year. It represents transactions affecting the investment in enterprises resident abroad. Whereas, Inward Foreign Direct Investment (FDI) flows record the value of cross-border direct investment transactions received by the reporting economy during a year. It represents transactions affecting the investment in enterprises of a specific industry resident in the reporting economy.