Total FDI inflows — Value US$, per square kilometre in Nigeria
Nigeria: Total FDI inflows — Value US$, per square kilometre was 0.0021 million USD per square kilometre in 2023. ◆ Volatile
Total FDI inflows — Value US$, per square kilometre in Nigeria, 1990–2023
Source: Statizoid (derived). Measured in million USD per square kilometre.
Analysis
In 2023, total fdi inflows — value us$, per square kilometre in Nigeria stood at 0.0021 million USD per square kilometre.
That represents a change of up 109.3% on the previous year and down 66.6% over ten years.
Over the whole period, total fdi inflows — value us$, per square kilometre in Nigeria peaked at 0.0098 million USD per square kilometre in 2011 and was at its lowest, 0.0009 million USD per square kilometre, in 2018.
That places Nigeria 127th out of 174 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Total FDI inflows — Value US$, per square kilometre in Nigeria, year by year
| Year | million USD per square kilometre | Change |
|---|---|---|
| 1990 | 0.0011 million USD per square kilometre | — |
| 1991 | 0.0012 million USD per square kilometre | +12.1% |
| 1992 | 0.0013 million USD per square kilometre | +2.9% |
| 1993 | 0.0021 million USD per square kilometre | +62.4% |
| 1994 | 0.0025 million USD per square kilometre | +21.8% |
| 1995 | 0.0014 million USD per square kilometre | -44.4% |
| 1996 | 0.0024 million USD per square kilometre | +72.4% |
| 1997 | 0.0018 million USD per square kilometre | -25.0% |
| 1998 | 0.0013 million USD per square kilometre | -26.3% |
| 1999 | 0.0013 million USD per square kilometre | -2.7% |
| 2000 | 0.0014 million USD per square kilometre | +11.2% |
| 2001 | 0.0014 million USD per square kilometre | -2.5% |
| 2002 | 0.0022 million USD per square kilometre | +59.7% |
| 2003 | 0.0024 million USD per square kilometre | +6.4% |
| 2004 | 0.0023 million USD per square kilometre | -2.0% |
| 2005 | 0.0055 million USD per square kilometre | +134.0% |
| 2006 | 0.0054 million USD per square kilometre | -1.6% |
| 2007 | 0.0067 million USD per square kilometre | +24.3% |
| 2008 | 0.0091 million USD per square kilometre | +35.5% |
| 2009 | 0.0095 million USD per square kilometre | +4.9% |
| 2010 | 0.0067 million USD per square kilometre | -29.5% |
| 2011 | 0.0098 million USD per square kilometre | +46.2% |
| 2012 | 0.0078 million USD per square kilometre | -20.1% |
| 2013 | 0.0062 million USD per square kilometre | -21.3% |
| 2014 | 0.0052 million USD per square kilometre | -16.3% |
| 2015 | 0.0034 million USD per square kilometre | -34.7% |
| 2016 | 0.0038 million USD per square kilometre | +12.7% |
| 2017 | 0.0026 million USD per square kilometre | -30.1% |
| 2018 | 0.0009 million USD per square kilometre | -67.9% |
| 2019 | 0.0025 million USD per square kilometre | +197.3% |
| 2020 | 0.0026 million USD per square kilometre | +3.5% |
| 2021 | 0.0036 million USD per square kilometre | +38.9% |
| 2022 | 0.001 million USD per square kilometre | -73.0% |
| 2023 | 0.0021 million USD per square kilometre | +109.3% |
Nigeria compared with similar countries
- Nigeria's 0.0021 million USD per square kilometre is below the median for lower middle income countries, which is 0.0026 million USD per square kilometre, 80% of the median. (41 countries reporting)
- Nigeria's 0.0021 million USD per square kilometre is above the median for Sub-Saharan Africa, which is 0.0019 million USD per square kilometre, 1.1× the median. (44 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0016 million USD per square kilometre | 0.0011 million USD per square kilometre | 0.0025 million USD per square kilometre | 10 |
| 2000s | 0.0046 million USD per square kilometre | 0.0014 million USD per square kilometre | 0.0095 million USD per square kilometre | 10 |
| 2010s | 0.0049 million USD per square kilometre | 0.0009 million USD per square kilometre | 0.0098 million USD per square kilometre | 10 |
| 2020s | 0.0023 million USD per square kilometre | 0.001 million USD per square kilometre | 0.0036 million USD per square kilometre | 4 |
Countries ranked near Nigeria
- 124 Myanmar 0.0023 million USD per square kilometre compare
- 125 Malawi 0.0022 million USD per square kilometre compare
- 126 Belize 0.0022 million USD per square kilometre compare
- 128 Mongolia 0.002 million USD per square kilometre compare
- 129 Congo 0.0018 million USD per square kilometre compare
- 130 Eswatini 0.0017 million USD per square kilometre compare
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)
- SDRs holdings, US dollar, annual growth rate 3.99 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0148 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 18.13 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.9704 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0108 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 13.24 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -17.26 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0107 units per US$ of GDP (2025)
Frequently asked questions
- What is total fdi inflows — value us$, per square kilometre in Nigeria?
- Total fdi inflows — value us$, per square kilometre in Nigeria was 0.0021 million USD per square kilometre in 2023, according to Statizoid (derived).
- What is the highest total fdi inflows — value us$, per square kilometre recorded in Nigeria?
- The highest recorded value was 0.0098 million USD per square kilometre in 2011.
- What is the lowest total fdi inflows — value us$, per square kilometre recorded in Nigeria?
- The lowest recorded value was 0.0009 million USD per square kilometre in 2018.
- How does Nigeria rank for total fdi inflows — value us$, per square kilometre?
- Nigeria ranks 127th out of 174 countries with data for 2023.
- Is total fdi inflows — value us$, per square kilometre rising or falling in Nigeria?
- Over the last ten years it is down 66.6%. 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$, per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 34 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Total FDI inflows — Value US$ divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Total FDI inflows — Value US$ ÷ Land area (sq. km)
Computed from
- Total FDI inflows — Value US$ Food and Agriculture Organization of the United Nations
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
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
Total FDI inflows — Value US$ divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.