Total FDI outflows — Value US$, 2015 prices, annual growth rate (2015) in Nigeria

Nigeria: Total FDI outflows — Value US$, 2015 prices, annual growth rate was -87.81 % change on previous year in 2023. ◆ Volatile

Latest (2023)
-87.81 % change on previous year
Change on year
down 295.9%
World rank
153rd
of 180 countries
All-time high
459.75 % change on previous year
in 2020
All-time low
-87.81 % change on previous year
in 2023
Years of data
33
1991–2023

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

02004001991200720231991: 2.9 % change on previous year1992: -24.8 % change on previous year1993: 84.4 % change on previous year1994: -30.4 % change on previous year1995: -42.8 % change on previous year1996: 205.8 % change on previous year1997: -83 % change on previous year1998: 52.5 % change on previous year1999: 7.3 % change on previous year2000: -12.2 % change on previous year2001: -44.8 % change on previous year2002: 64.1 % change on previous year2003: -5.1 % change on previous year2004: 31 % change on previous year2005: -37 % change on previous year2006: 28.1 % change on previous year2007: 147.7 % change on previous year2008: 5.6 % change on previous year2009: 81.8 % change on previous year2010: -48.1 % change on previous year2011: -16.8 % change on previous year2012: 74.4 % change on previous year2013: -23.7 % change on previous year2014: 25.6 % change on previous year2015: 4.9 % change on previous year2016: -71.9 % change on previous year2017: 0.589 % change on previous year2018: 65.2 % change on previous year2019: -54.2 % change on previous year2020: 459.7 % change on previous year2021: 27.6 % change on previous year2022: 44.8 % change on previous year2023: -87.8 % change on previous year

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

Analysis

The most recent figure for total fdi outflows — value us$, 2015 prices, annual growth rate in Nigeria is -87.81 % change on previous year, measured in 2023. That is the lowest value across all 33 years on record.

That represents a change of down 295.9% on the previous year and down 271.1% over ten years.

Over the whole period, total fdi outflows — value us$, 2015 prices, annual growth rate in Nigeria peaked at 459.75 % change on previous year in 2020 and was at its lowest, -87.81 % change on previous year, in 2023.

That places Nigeria 153rd out of 180 countries with data for 2023, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

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

Annual values for Total FDI outflows — Value US$, 2015 prices, annual growth rate in Nigeria, 1991 to 2023.
Year % change on previous year Change
1991 2.94 % change on previous year —
1992 -24.81 % change on previous year -944.2%
1993 84.44 % change on previous year -440.3%
1994 -30.38 % change on previous year -136.0%
1995 -42.77 % change on previous year +40.8%
1996 205.83 % change on previous year -581.2%
1997 -83.05 % change on previous year -140.3%
1998 52.5 % change on previous year -163.2%
1999 7.31 % change on previous year -86.1%
2000 -12.24 % change on previous year -267.3%
2001 -44.78 % change on previous year +266.0%
2002 64.14 % change on previous year -243.2%
2003 -5.14 % change on previous year -108.0%
2004 30.97 % change on previous year -702.0%
2005 -37.04 % change on previous year -219.6%
2006 28.09 % change on previous year -175.8%
2007 147.74 % change on previous year +426.0%
2008 5.6 % change on previous year -96.2%
2009 81.78 % change on previous year +1359.9%
2010 -48.08 % change on previous year -158.8%
2011 -16.77 % change on previous year -65.1%
2012 74.38 % change on previous year -543.6%
2013 -23.66 % change on previous year -131.8%
2014 25.62 % change on previous year -208.3%
2015 4.9 % change on previous year -80.9%
2016 -71.89 % change on previous year -1566.1%
2017 0.5885 % change on previous year -100.8%
2018 65.23 % change on previous year +10983.6%
2019 -54.17 % change on previous year -183.1%
2020 459.75 % change on previous year -948.7%
2021 27.58 % change on previous year -94.0%
2022 44.83 % change on previous year +62.5%
2023 -87.81 % change on previous year -295.9%

Nigeria compared with similar countries

  • Nigeria's -87.81 % change on previous year is below the median for lower middle income countries, which is 5.13 % change on previous year. (34 countries reporting)
  • Nigeria's -87.81 % change on previous year is below the median for Sub-Saharan Africa, which is -34.08 % change on previous year, 2.6× the median. (36 countries reporting)

Biggest year-on-year movements

Years where Total FDI outflows — 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
2018 +10983.6% 0.5885 % change on previous year 65.23 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1990s 19.11 % change on previous year -83.05 % change on previous year 205.83 % change on previous year 9
2000s 25.91 % change on previous year -44.78 % change on previous year 147.74 % change on previous year 10
2010s -4.39 % change on previous year -71.89 % change on previous year 74.38 % change on previous year 10
2020s 111.09 % change on previous year -87.81 % change on previous year 459.75 % change on previous year 4

Countries ranked near Nigeria

  1. 150 Slovakia -81.86 % change on previous year compare
  2. 151 Belarus -85.8 % change on previous year compare
  3. 152 Georgia -85.94 % change on previous year compare
  4. 154 Panama -88.21 % change on previous year compare
  5. 155 Ukraine -88.35 % change on previous year compare
  6. 156 Finland -90.41 % change on previous year compare

See the full ranking of 210 places →

More economy & growth data for Nigeria

All data for Nigeria →

Frequently asked questions

What is total fdi outflows — value us$, 2015 prices, annual growth rate in Nigeria?
Total fdi outflows — value us$, 2015 prices, annual growth rate in Nigeria was -87.81 % change on previous year in 2023, according to Statizoid (derived).
What is the highest total fdi outflows — value us$, 2015 prices, annual growth rate recorded in Nigeria?
The highest recorded value was 459.75 % change on previous year in 2020.
What is the lowest total fdi outflows — value us$, 2015 prices, annual growth rate recorded in Nigeria?
The lowest recorded value was -87.81 % change on previous year in 2023.
How does Nigeria rank for total fdi outflows — value us$, 2015 prices, annual growth rate?
Nigeria ranks 153rd out of 180 countries with data for 2023.
Is total fdi outflows — value us$, 2015 prices, annual growth rate rising or falling in Nigeria?
Over the last ten years it is down 271.1%. 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 outflows — Value US$, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.

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Total FDI outflows — Value US$, 2015 prices, annual growth rate in Nigeria. Statizoid, drawing on Statizoid (derived). Retrieved 07 October 2026, from https://economy.statizoid.com/stat/total-fdi-outflows-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 outflows — 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 outflows — 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
210 places, 5,452 data points, 1991–2023
Last refreshed

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