Least developed countries vs Nigeria: Net official development assistance and official aid received
Net official development assistance and official aid received over time
- Least developed countries
- Nigeria
How they compare
Least developed countries currently reports 57.68 billion constant 2023 US$ against 3.60 billion constant 2023 US$ in Nigeria, a difference of 54.09 billion constant 2023 US$.
That makes Least developed countries's figure about 16.0 times Nigeria's.
Across all 52 years both countries report, Least developed countries has been ahead every year.
Least developed countries ranks 11th and Nigeria ranks 9th of 45 groups.
Least developed countries has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Least developed countries | Nigeria | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 12.20 billion constant 2023 US$ | 351.24 million constant 2023 US$ | 11.84 billion constant 2023 US$ | Least developed countries |
| 1980s | 21.80 billion constant 2023 US$ | 148.13 million constant 2023 US$ | 21.65 billion constant 2023 US$ | Least developed countries |
| 1990s | 20.16 billion constant 2023 US$ | 323.77 million constant 2023 US$ | 19.84 billion constant 2023 US$ | Least developed countries |
| 2000s | 29.82 billion constant 2023 US$ | 2.78 billion constant 2023 US$ | 27.04 billion constant 2023 US$ | Least developed countries |
| 2010s | 46.97 billion constant 2023 US$ | 2.78 billion constant 2023 US$ | 44.19 billion constant 2023 US$ | Least developed countries |
| 2020s | 61.07 billion constant 2023 US$ | 3.70 billion constant 2023 US$ | 57.37 billion constant 2023 US$ | Least developed countries |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net official development assistance and official aid received, Least developed countries or Nigeria?
- Least developed countries, at 57.68 billion constant 2023 US$ against 3.60 billion constant 2023 US$ in Nigeria as of 2021.
- What is the difference in net official development assistance and official aid received between Least developed countries and Nigeria?
- 54.09 billion constant 2023 US$, with Least developed countries ahead.
- How many years of comparable data are there for Least developed countries and Nigeria?
- 52 years are reported by both, from 1970 to 2021.
- How do Least developed countries and Nigeria rank globally for net official development assistance and official aid received?
- Least developed countries ranks 11th and Nigeria ranks 9th of 45 groups.
- Where does this data come from?
- Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD), published as Net official development assistance and official aid received (constant 2023 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Net official development assistance (ODA) consists of disbursements of loans made on concessional terms (net of repayments of principal) and grants by official agencies of the members of the Development Assistance Committee (DAC), by multilateral institutions, and by non-DAC countries to promote economic development and welfare in countries and territories in the DAC list of ODA recipients. It includes loans with a grant element of at least 25 percent (calculated at a rate of discount of 10 percent). Net official aid refers to aid flows (net of repayments) from official donors to countries and territories in part II of the DAC list of recipients: more advanced countries of Central and Eastern Europe, the countries of the former Soviet Union, and certain advanced developing countries and territories. Official aid is provided under terms and conditions similar to those for ODA. Part II of the DAC List was abolished in 2005. The collection of data on official aid and other resource flows to Part II countries ended with 2004 data. Data are in constant 2023 U.S. dollars.