Total official flows commitments for aid for trade, by recipient in Nigeria
Nigeria: Total official flows commitments for aid for trade, by recipient was 1.45 billion millions of constant united states dollars in 2024. ◆ Volatile
Latest (2024)
1.45 billion millions of constant united states dollars
Change on year
up 13.3%
World rank
6th
of 152 countries
All-time high
2.39 billion millions of constant united states dollars
in 2020
All-time low
203.84 million millions of constant united states dollars
in 2007
Years of data
19
2006–2024
Total official flows commitments for aid for trade, by recipient in Nigeria, 2006–2024
Source: Organisation for Economic Co-operation and Development – processed by Our World in Data. Measured in millions of constant united states dollars.
Analysis
Nigeria recorded 1.45 billion millions of constant united states dollars for total official flows commitments for aid for trade, by recipient in 2024.
Compared with earlier readings it is up 13.3% on the previous year and up 29.7% over ten years.
Over the whole period, total official flows commitments for aid for trade, by recipient in Nigeria peaked at 2.39 billion millions of constant united states dollars in 2020 and was at its lowest, 203.84 million millions of constant united states dollars, in 2007.
That places Nigeria 6th out of 152 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Total official flows commitments for aid for trade, by recipient in Nigeria, year by year
| Year | millions of constant united states dollars | Change |
|---|---|---|
| 2006 | 240.40 million millions of constant united states dollars | — |
| 2007 | 203.84 million millions of constant united states dollars | -15.2% |
| 2008 | 718.49 million millions of constant united states dollars | +252.5% |
| 2009 | 1.11 billion millions of constant united states dollars | +54.9% |
| 2010 | 360.75 million millions of constant united states dollars | -67.6% |
| 2011 | 510.50 million millions of constant united states dollars | +41.5% |
| 2012 | 1.33 billion millions of constant united states dollars | +160.4% |
| 2013 | 728.28 million millions of constant united states dollars | -45.2% |
| 2014 | 1.11 billion millions of constant united states dollars | +53.0% |
| 2015 | 343.99 million millions of constant united states dollars | -69.1% |
| 2016 | 284.72 million millions of constant united states dollars | -17.2% |
| 2017 | 947.51 million millions of constant united states dollars | +232.8% |
| 2018 | 1.63 billion millions of constant united states dollars | +72.1% |
| 2019 | 755.78 million millions of constant united states dollars | -53.7% |
| 2020 | 2.39 billion millions of constant united states dollars | +216.4% |
| 2021 | 884.02 million millions of constant united states dollars | -63.0% |
| 2022 | 1.14 billion millions of constant united states dollars | +29.4% |
| 2023 | 1.28 billion millions of constant united states dollars | +11.5% |
| 2024 | 1.45 billion millions of constant united states dollars | +13.3% |
Nigeria compared with similar countries
- Nigeria's 1.45 billion millions of constant united states dollars is above the median for lower middle income countries, which is 235.02 million millions of constant united states dollars, 6.1× the median. (47 countries reporting)
- Nigeria's 1.45 billion millions of constant united states dollars is above the median for Sub-Saharan Africa, which is 212.41 million millions of constant united states dollars, 6.8× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 568.97 million millions of constant united states dollars | 203.84 million millions of constant united states dollars | 1.11 billion millions of constant united states dollars | 4 |
| 2010s | 800.58 million millions of constant united states dollars | 284.72 million millions of constant united states dollars | 1.63 billion millions of constant united states dollars | 10 |
| 2020s | 1.43 billion millions of constant united states dollars | 884.02 million millions of constant united states dollars | 2.39 billion millions of constant united states dollars | 5 |
Countries ranked near Nigeria
- 3 Philippines 3.09 billion millions of constant united states dollars compare
- 4 Ethiopia 2.92 billion millions of constant united states dollars compare
- 5 Indonesia 2.62 billion millions of constant united states dollars compare
- 7 Pakistan 1.35 billion millions of constant united states dollars compare
- 8 Nepal 1.09 billion millions of constant united states dollars compare
- 9 Ghana 1.05 billion millions of constant united states dollars 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 official flows commitments for aid for trade, by recipient in Nigeria?
- Total official flows commitments for aid for trade, by recipient in Nigeria was 1.45 billion millions of constant united states dollars in 2024, according to Organisation for Economic Co-operation and Development – processed by Our World in Data.
- What is the highest total official flows commitments for aid for trade, by recipient recorded in Nigeria?
- The highest recorded value was 2.39 billion millions of constant united states dollars in 2020.
- What is the lowest total official flows commitments for aid for trade, by recipient recorded in Nigeria?
- The lowest recorded value was 203.84 million millions of constant united states dollars in 2007.
- How does Nigeria rank for total official flows commitments for aid for trade, by recipient?
- Nigeria ranks 6th out of 152 countries with data for 2024.
- Is total official flows commitments for aid for trade, by recipient rising or falling in Nigeria?
- Over the last ten years it is up 29.7%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from Organisation for Economic Co-operation and Development – processed by Our World in Data, published as part of Total official flows commitments for aid for trade, by recipient. Statizoid updates them automatically from the source API.
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About this data
Total official flows (commitments) for Aid for Trade, by recipient countries (millions of constant 2024 United States dollars).