Total FDI outflows — Value US$ in Nigeria
Nigeria: Total FDI outflows — Value US$ was 255.84 million USD in 2023. ◆ Volatile
Total FDI outflows — Value US$ in Nigeria, 1990–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
The most recent figure for total fdi outflows — value us$ in Nigeria is 255.84 million USD, measured 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$ in Nigeria peaked at 2,811 million USD in 2022 and was at its lowest, 93.88 million USD, in 2001.
Nigeria ranks 73rd of 182 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.
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
- Inflation of consumer prices 23.01 (2025)
- Gdp per capita worldbank constant usd 2,369 (2025)
- Manufacturing value added to gdp 8.26 (2025)
- Gdp worldbank constant usd 562.59 billion (2025)
- Gdp per capita in international and market dollars 2,369 (2025)
- DEC alternative conversion factor 1,518 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 35.23 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 23.20 billion current US$ (2025)
- Taxes less subsidies on products 10.36 trillion current LCU (2025)
- Taxes less subsidies on products 6.82 billion current US$ (2025)
Frequently asked questions
- What is total fdi outflows — value us$ in Nigeria?
- Total fdi outflows — value us$ in Nigeria was 255.84 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest total fdi outflows — value us$ recorded in Nigeria?
- The highest recorded value was 2,811 million USD in 2022.
- What is the lowest total fdi outflows — value us$ recorded in Nigeria?
- The lowest recorded value was 93.88 million USD in 2001.
- How does Nigeria rank for total fdi outflows — value us$?
- Nigeria ranks 73rd out of 182 countries with data for 2023.
- Is total fdi outflows — value us$ 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 Food and Agriculture Organization of the United Nations, published as part of Total FDI outflows — Value US$. Statizoid updates them automatically from the source API.
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About this data
FDI is an investment which aims to acquire a lasting management influence (10 percent or more of the voting stock) in an enterprise operating in a foreign economy. FDI may be undertaken by individuals, as well as business entities. The foreign direct investor most often is aiming to gain access to natural resources, to markets, to labour supply, to technology, to ensure security of supplies or to control the quality of a certain product. FDI can be decomposed into two types of investments: mergers and acquisitions (MA) and greenfield investments. The latter type results in the creation of new entities and the setting up of offices, buildings, plants or factories from scratch in a foreign economy. FDI is the sum of equity capital, reinvested earnings and other FDI capital. Equity capital comprises equity in branches, all shares in subsidiaries and associates (except non-participating, preferred shares that are treated as debt securities and are included under other FDI capital) and other contributions such as the provision of machinery. Reinvested earnings consist of the direct investor's share (in proportion to equity participation) of earnings not distributed by the direct investment enterprise. Other FDI capital (loans) includes the borrowing and lending of funds, including debt securities and trade credits between direct investors and direct investment enterprises. FDI inflows and outflows are important for tracking the direct investment conditions each year. Outward Foreign Direct Investment (FDI) flows record the value of cross-border direct investment transactions from the reporting economy during a year. It represents transactions affecting the investment in enterprises resident abroad. Whereas, Inward Foreign Direct Investment (FDI) flows record the value of cross-border direct investment transactions received by the reporting economy during a year. It represents transactions affecting the investment in enterprises of a specific industry resident in the reporting economy.