Total FDI outflows — Value US$, 2015 prices, gaps filled (gaps filled) in Nigeria

Nigeria: Total FDI outflows — Value US$, 2015 prices, gaps filled was 387.32 million USD in 2023. ◆ Volatile

Latest (2023)
387.32 million USD
Change on year
down 87.8%
World rank
65th
of 183 countries
All-time high
3,178 million USD
in 2022
All-time low
242.11 million USD
in 2001
Years of data
34
1990–2023

Total FDI outflows — Value US$, 2015 prices, gaps filled in Nigeria, 1990–2023

01.0k2.0k3.0k1990200620231990: 1.0k million USD1991: 1.1k million USD1992: 801.3 million USD1993: 1.5k million USD1994: 1.0k million USD1995: 588.8 million USD1996: 1.8k million USD1997: 305.3 million USD1998: 465.5 million USD1999: 499.6 million USD2000: 438.5 million USD2001: 242.1 million USD2002: 397.4 million USD2003: 376.9 million USD2004: 493.7 million USD2005: 310.8 million USD2006: 398.1 million USD2007: 986.3 million USD2008: 1.0k million USD2009: 1.9k million USD2010: 982.9 million USD2011: 818.1 million USD2012: 1.4k million USD2013: 1.1k million USD2014: 1.4k million USD2015: 1.4k million USD2016: 403.4 million USD2017: 405.8 million USD2018: 670.4 million USD2019: 307.2 million USD2020: 1.7k million USD2021: 2.2k million USD2022: 3.2k million USD2023: 387.3 million USD

Source: Statizoid (derived). Measured in million USD.

Analysis

In 2023, total fdi outflows — value us$, 2015 prices, gaps filled in Nigeria stood at 387.32 million USD.

The figure is down 87.8% on the previous year and down 64.4% over ten years.

Over the whole period, total fdi outflows — value us$, 2015 prices, gaps filled in Nigeria peaked at 3,178 million USD in 2022 and was at its lowest, 242.11 million USD, in 2001.

Nigeria ranks 65th of 183 countries on this measure, in the middle of the range.

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

Total FDI outflows — Value US$, 2015 prices, gaps filled in Nigeria, year by year

Annual values for Total FDI outflows — Value US$, 2015 prices, gaps filled in Nigeria, 1990 to 2023.
Year million USD Change
1990 1,035 million USD —
1991 1,066 million USD +2.9%
1992 801.28 million USD -24.8%
1993 1,478 million USD +84.4%
1994 1,029 million USD -30.4%
1995 588.85 million USD -42.8%
1996 1,801 million USD +205.8%
1997 305.26 million USD -83.0%
1998 465.53 million USD +52.5%
1999 499.58 million USD +7.3%
2000 438.45 million USD -12.2%
2001 242.11 million USD -44.8%
2002 397.39 million USD +64.1%
2003 376.95 million USD -5.1%
2004 493.68 million USD +31.0%
2005 310.83 million USD -37.0%
2006 398.13 million USD +28.1%
2007 986.33 million USD +147.7%
2008 1,042 million USD +5.6%
2009 1,893 million USD +81.8%
2010 982.94 million USD -48.1%
2011 818.13 million USD -16.8%
2012 1,427 million USD +74.4%
2013 1,089 million USD -23.7%
2014 1,368 million USD +25.6%
2015 1,435 million USD +4.9%
2016 403.39 million USD -71.9%
2017 405.77 million USD +0.6%
2018 670.44 million USD +65.2%
2019 307.24 million USD -54.2%
2020 1,720 million USD +459.7%
2021 2,194 million USD +27.6%
2022 3,178 million USD +44.8%
2023 387.32 million USD -87.8%

Nigeria compared with similar countries

  • Nigeria's 387.32 million USD is above the median for lower middle income countries, which is 27.32 million USD, 14.2× the median. (35 countries reporting)
  • Nigeria's 387.32 million USD is above the median for Sub-Saharan Africa, which is 0.2961 million USD, 1308.2× the median. (37 countries reporting)

Biggest year-on-year movements

Years where Total FDI outflows — Value US$, 2015 prices, gaps filled 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
2020 +459.7% 307.24 million USD 1,720 million USD

Averages by decade

DecadeAverage LowestHighest Years
1990s 906.93 million USD 305.26 million USD 1,801 million USD 10
2000s 657.88 million USD 242.11 million USD 1,893 million USD 10
2010s 890.7 million USD 307.24 million USD 1,435 million USD 10
2020s 1,870 million USD 387.32 million USD 3,178 million USD 4

Countries ranked near Nigeria

  1. 62 Slovenia 430.66 million USD compare
  2. 63 Panama 428.57 million USD compare
  3. 64 Latvia 421.36 million USD compare
  4. 66 Bahamas 380.49 million USD compare
  5. 67 Bulgaria 370.14 million USD compare
  6. 68 Dominican Republic 297.72 million USD compare

See the full ranking of 213 places →

More economy & growth data for Nigeria

All data for Nigeria →

Frequently asked questions

What is total fdi outflows — value us$, 2015 prices, gaps filled in Nigeria?
Total fdi outflows — value us$, 2015 prices, gaps filled in Nigeria was 387.32 million USD in 2023, according to Statizoid (derived).
What is the highest total fdi outflows — value us$, 2015 prices, gaps filled recorded in Nigeria?
The highest recorded value was 3,178 million USD in 2022.
What is the lowest total fdi outflows — value us$, 2015 prices, gaps filled recorded in Nigeria?
The lowest recorded value was 242.11 million USD in 2001.
How does Nigeria rank for total fdi outflows — value us$, 2015 prices, gaps filled?
Nigeria ranks 65th out of 183 countries with data for 2023.
Is total fdi outflows — value us$, 2015 prices, gaps filled rising or falling in Nigeria?
Over the last ten years it is down 64.4%. 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, gaps filled. Statizoid updates them automatically from the source API.

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Total FDI outflows — Value US$, 2015 prices, gaps filled in Nigeria. Statizoid, drawing on Statizoid (derived). Retrieved 07 October 2026, from https://economy.statizoid.com/stat/total-fdi-outflows-value-us-2015-prices-gaps-filled/nigeria/

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How this figure is calculated

Total FDI outflows — Value US$, 2015 prices with 95 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.

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, gaps filled
Unit
million USD
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
213 places, 6,138 data points, 1990–2023
Last refreshed

Total FDI outflows — Value US$, 2015 prices with 95 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.