Total FDI outflows — Value US$, annual growth rate (FDI annual growth) in Nigeria
Nigeria: Total FDI outflows — Value US$, annual growth rate was -90.9 % change on previous year in 2023. ◆ Volatile
Total FDI outflows — Value US$, annual growth rate in Nigeria, 1991–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Nigeria recorded -90.9 % change on previous year for total fdi outflows — value us$, annual growth rate in 2023. That is the lowest value across all 33 years on record.
That represents a change of down 266.4% on the previous year and down 359.6% over ten years.
Over the whole period, total fdi outflows — value us$, annual growth rate in Nigeria peaked at 416.38 % change on previous year in 2020 and was at its lowest, -90.9 % change on previous year, in 2023.
That places Nigeria 158th out of 181 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Total FDI outflows — Value US$, annual growth rate in Nigeria, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1991 | -0.7477 % change on previous year | — |
| 1992 | -36.79 % change on previous year | +4820.7% |
| 1993 | 104.81 % change on previous year | -384.9% |
| 1994 | -38.39 % change on previous year | -136.6% |
| 1995 | -41.57 % change on previous year | +8.3% |
| 1996 | 211.44 % change on previous year | -608.6% |
| 1997 | -82.76 % change on previous year | -139.1% |
| 1998 | 54.22 % change on previous year | -165.5% |
| 1999 | 8.83 % change on previous year | -83.7% |
| 2000 | -2.24 % change on previous year | -125.4% |
| 2001 | -44.43 % change on previous year | +1879.3% |
| 2002 | 83.38 % change on previous year | -287.7% |
| 2003 | -2.81 % change on previous year | -103.4% |
| 2004 | 55.84 % change on previous year | -2086.3% |
| 2005 | -23.61 % change on previous year | -142.3% |
| 2006 | 61.89 % change on previous year | -362.2% |
| 2007 | 171.32 % change on previous year | +176.8% |
| 2008 | 20.95 % change on previous year | -87.8% |
| 2009 | 45.71 % change on previous year | +118.2% |
| 2010 | -40.16 % change on previous year | -187.9% |
| 2011 | -10.74 % change on previous year | -73.2% |
| 2012 | 87.3 % change on previous year | -912.5% |
| 2013 | -19.78 % change on previous year | -122.7% |
| 2014 | 30.45 % change on previous year | -254.0% |
| 2015 | -11.09 % change on previous year | -136.4% |
| 2016 | -76.63 % change on previous year | +590.7% |
| 2017 | -7.34 % change on previous year | -90.4% |
| 2018 | 81.95 % change on previous year | -1216.0% |
| 2019 | -49.55 % change on previous year | -160.5% |
| 2020 | 416.38 % change on previous year | -940.3% |
| 2021 | 23.39 % change on previous year | -94.4% |
| 2022 | 54.64 % change on previous year | +133.6% |
| 2023 | -90.9 % change on previous year | -266.4% |
Nigeria compared with similar countries
- Nigeria's -90.9 % change on previous year is below the median for lower middle income countries, which is 5.48 % change on previous year. (34 countries reporting)
- Nigeria's -90.9 % change on previous year is below the median for Sub-Saharan Africa, which is -29.39 % change on previous year, 3.1× the median. (36 countries reporting)
Biggest year-on-year movements
Years where Total FDI outflows — Value US$, annual growth rate in Nigeria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1992 | -4820.7% | -0.7477 % change on previous year | -36.79 % change on previous year |
| 2004 | +2086.3% | -2.81 % change on previous year | 55.84 % change on previous year |
| 2001 | -1879.3% | -2.24 % change on previous year | -44.43 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 19.89 % change on previous year | -82.76 % change on previous year | 211.44 % change on previous year | 9 |
| 2000s | 36.6 % change on previous year | -44.43 % change on previous year | 171.32 % change on previous year | 10 |
| 2010s | -1.56 % change on previous year | -76.63 % change on previous year | 87.3 % change on previous year | 10 |
| 2020s | 100.88 % change on previous year | -90.9 % change on previous year | 416.38 % change on previous year | 4 |
Countries ranked near Nigeria
- 155 Ukraine -87.79 % change on previous year compare
- 156 Panama -87.92 % change on previous year compare
- 157 Finland -89.66 % change on previous year compare
- 159 Australia -91.68 % change on previous year compare
- 160 Australia and New Zealand -92.41 % change on previous year compare
- 161 Mauritania -95.63 % change on previous year compare
More economy & growth data for Nigeria
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.04 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.32 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 3.99 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0148 units per US$ 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 outflows — value us$, annual growth rate in Nigeria?
- Total fdi outflows — value us$, annual growth rate in Nigeria was -90.9 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest total fdi outflows — value us$, annual growth rate recorded in Nigeria?
- The highest recorded value was 416.38 % change on previous year in 2020.
- What is the lowest total fdi outflows — value us$, annual growth rate recorded in Nigeria?
- The lowest recorded value was -90.9 % change on previous year in 2023.
- How does Nigeria rank for total fdi outflows — value us$, annual growth rate?
- Nigeria ranks 158th out of 181 countries with data for 2023.
- Is total fdi outflows — value us$, annual growth rate rising or falling in Nigeria?
- Over the last ten years it is down 359.6%. 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 outflows — Value US$, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 33 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Total FDI outflows — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Total FDI outflows — Value US$ Food and Agriculture Organization of the United Nations
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
The year-on-year percentage change in Total FDI outflows — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.