Total FDI outflows — Value US$, gaps filled in Nigeria
Nigeria: Total FDI outflows — Value US$, gaps filled was 255.84 million USD in 2023. ◆ Volatile
Total FDI outflows — Value US$, gaps filled in Nigeria, 1990–2023
Source: Statizoid (derived). Measured in million USD.
Analysis
Nigeria recorded 255.84 million USD for total fdi outflows — value us$, gaps filled in 2023.
Compared with earlier readings it is down 90.9% on the previous year and down 79.3% over ten years.
Over the whole period, total fdi outflows — value us$, gaps filled in Nigeria peaked at 2,811 million USD in 2022 and was at its lowest, 93.88 million USD, in 2001.
That places Nigeria 73rd out of 184 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Total FDI outflows — Value US$, gaps filled in Nigeria, year by year
| Year | million USD | Change |
|---|---|---|
| 1990 | 414.6 million USD | — |
| 1991 | 411.5 million USD | -0.7% |
| 1992 | 260.1 million USD | -36.8% |
| 1993 | 532.7 million USD | +104.8% |
| 1994 | 328.2 million USD | -38.4% |
| 1995 | 191.75 million USD | -41.6% |
| 1996 | 597.18 million USD | +211.4% |
| 1997 | 102.97 million USD | -82.8% |
| 1998 | 158.8 million USD | +54.2% |
| 1999 | 172.82 million USD | +8.8% |
| 2000 | 168.94 million USD | -2.2% |
| 2001 | 93.88 million USD | -44.4% |
| 2002 | 172.16 million USD | +83.4% |
| 2003 | 167.32 million USD | -2.8% |
| 2004 | 260.75 million USD | +55.8% |
| 2005 | 199.2 million USD | -23.6% |
| 2006 | 322.48 million USD | +61.9% |
| 2007 | 874.97 million USD | +171.3% |
| 2008 | 1,058 million USD | +20.9% |
| 2009 | 1,542 million USD | +45.7% |
| 2010 | 922.72 million USD | -40.2% |
| 2011 | 823.58 million USD | -10.7% |
| 2012 | 1,543 million USD | +87.3% |
| 2013 | 1,238 million USD | -19.8% |
| 2014 | 1,614 million USD | +30.4% |
| 2015 | 1,435 million USD | -11.1% |
| 2016 | 335.46 million USD | -76.6% |
| 2017 | 310.83 million USD | -7.3% |
| 2018 | 565.57 million USD | +82.0% |
| 2019 | 285.32 million USD | -49.6% |
| 2020 | 1,473 million USD | +416.4% |
| 2021 | 1,818 million USD | +23.4% |
| 2022 | 2,811 million USD | +54.6% |
| 2023 | 255.84 million USD | -90.9% |
Nigeria compared with similar countries
- Nigeria's 255.84 million USD is above the median for lower middle income countries, which is 32 million USD, 8.0× the median. (35 countries reporting)
- Nigeria's 255.84 million USD is above the median for Sub-Saharan Africa, which is 0.3814 million USD, 670.8× the median. (37 countries reporting)
Biggest year-on-year movements
Years where Total FDI outflows — Value US$, gaps filled in Nigeria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | +416.4% | 285.32 million USD | 1,473 million USD |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 317.06 million USD | 102.97 million USD | 597.18 million USD | 10 |
| 2000s | 486 million USD | 93.88 million USD | 1,542 million USD | 10 |
| 2010s | 907.3 million USD | 285.32 million USD | 1,614 million USD | 10 |
| 2020s | 1,590 million USD | 255.84 million USD | 2,811 million USD | 4 |
Countries ranked near Nigeria
- 70 Iraq 278.67 million USD compare
- 71 Albania 264.63 million USD compare
- 72 Bolivia (Plurinational State of) 256.54 million USD compare
- 74 Democratic Republic of the Congo 235.5 million USD compare
- 75 Côte d'Ivoire 214.91 million USD compare
- 76 Honduras 207.6 million USD compare
More economy & growth data for Nigeria
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.04 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.32 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 3.99 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0148 units per US$ 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$, gaps filled in Nigeria?
- Total fdi outflows — value us$, gaps filled in Nigeria was 255.84 million USD in 2023, according to Statizoid (derived).
- What is the highest total fdi outflows — value us$, gaps filled recorded in Nigeria?
- The highest recorded value was 2,811 million USD in 2022.
- What is the lowest total fdi outflows — value us$, gaps filled recorded in Nigeria?
- The lowest recorded value was 93.88 million USD in 2001.
- How does Nigeria rank for total fdi outflows — value us$, gaps filled?
- Nigeria ranks 73rd out of 184 countries with data for 2023.
- Is total fdi outflows — value us$, gaps filled rising or falling in Nigeria?
- Over the last ten years it is down 79.3%. 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$, gaps filled. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 34 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Total FDI outflows — Value US$ 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
- 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
Total FDI outflows — Value US$ 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.