Lower middle income vs Nigeria: Net official development assistance and official aid received
Net official development assistance and official aid received over time
- Lower middle income
- Nigeria
How they compare
Lower middle income currently reports 60.97 billion current US$ against 3.60 billion current US$ in Nigeria, a difference of 57.38 billion current US$.
That makes Lower middle income's figure about 17.0 times Nigeria's.
Across all 62 years both countries report, Lower middle income has been ahead every year.
Lower middle income ranks 10th and Nigeria ranks 9th of 45 groups.
Lower middle income has averaged higher in every one of the 7 decades both report.
Head to head by decade
| Decade | Lower middle income | Nigeria | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 3.08 billion current US$ | 53.01 million current US$ | 3.02 billion current US$ | Lower middle income |
| 1970s | 7.66 billion current US$ | 68.77 million current US$ | 7.59 billion current US$ | Lower middle income |
| 1980s | 14.60 billion current US$ | 80.73 million current US$ | 14.52 billion current US$ | Lower middle income |
| 1990s | 23.49 billion current US$ | 220.52 million current US$ | 23.26 billion current US$ | Lower middle income |
| 2000s | 29.76 billion current US$ | 2.43 billion current US$ | 27.34 billion current US$ | Lower middle income |
| 2010s | 46.42 billion current US$ | 2.47 billion current US$ | 43.95 billion current US$ | Lower middle income |
| 2020s | 60.58 billion current US$ | 3.45 billion current US$ | 57.13 billion current US$ | Lower middle income |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net official development assistance and official aid received, Lower middle income or Nigeria?
- Lower middle income, at 60.97 billion current US$ against 3.60 billion current US$ in Nigeria as of 2021.
- What is the difference in net official development assistance and official aid received between Lower middle income and Nigeria?
- 57.38 billion current US$, with Lower middle income ahead.
- How many years of comparable data are there for Lower middle income and Nigeria?
- 62 years are reported by both, from 1960 to 2021.
- How do Lower middle income and Nigeria rank globally for net official development assistance and official aid received?
- Lower middle income ranks 10th and Nigeria ranks 9th of 45 groups.
- Where does this data come from?
- Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD), published as Net official development assistance and official aid received (current US$). 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 current U.S. dollars.