Net bilateral aid flows from DAC donors, Hungary in Nigeria
Nigeria: Net bilateral aid flows from DAC donors, Hungary was 1.95 million current US$ in 2023. ◆ Volatile
Net bilateral aid flows from DAC donors, Hungary in Nigeria, 2010–2023
Source: Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD). Measured in current US$.
Analysis
In 2023, net bilateral aid flows from dac donors, hungary in Nigeria stood at 1.95 million current US$.
Compared with earlier readings it is down 15.8% on the previous year and up 334.0% over ten years.
Over the whole period, net bilateral aid flows from dac donors, hungary in Nigeria peaked at 3.73 million current US$ in 2021 and was at its lowest, 189,830 current US$, in 2014.
Nigeria ranks 26th of 108 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net bilateral aid flows from DAC donors, Hungary in Nigeria, year by year
| Year | current US$ | Change |
|---|---|---|
| 2010 | 240,000 current US$ | — |
| 2012 | 340,000 current US$ | +41.7% |
| 2013 | 450,000 current US$ | +32.4% |
| 2014 | 189,830 current US$ | -57.8% |
| 2015 | 951,024 current US$ | +401.0% |
| 2016 | 1.19 million current US$ | +24.9% |
| 2017 | 1.37 million current US$ | +15.1% |
| 2018 | 2.13 million current US$ | +55.7% |
| 2019 | 3.16 million current US$ | +48.5% |
| 2020 | 1.94 million current US$ | -38.8% |
| 2021 | 3.73 million current US$ | +92.9% |
| 2022 | 2.32 million current US$ | -37.9% |
| 2023 | 1.95 million current US$ | -15.8% |
Nigeria compared with similar countries
- Nigeria's 1.95 million current US$ is above the median for lower middle income countries, which is 736,519 current US$, 2.7× the median. (35 countries reporting)
- Nigeria's 1.95 million current US$ is above the median for Sub-Saharan Africa, which is 105,795 current US$, 18.5× the median. (39 countries reporting)
Biggest year-on-year movements
Years where Net bilateral aid flows from DAC donors, Hungary in Nigeria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2015 | +401.0% | 189,830 current US$ | 951,024 current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.11 million current US$ | 189,830 current US$ | 3.16 million current US$ | 9 |
| 2020s | 2.49 million current US$ | 1.94 million current US$ | 3.73 million current US$ | 4 |
Countries ranked near Nigeria
More aid effectiveness data for Nigeria
- Net bilateral aid flows from DAC donors, Austria 3.59 million current US$ (2023)
- Net bilateral aid flows from DAC donors, Belgium 2.18 million current US$ (2023)
- Net bilateral aid flows from DAC donors, Canada 33.13 million current US$ (2023)
- Net bilateral aid flows from DAC donors, European Union institutions 117.56 million current US$ (2023)
- Net bilateral aid flows from DAC donors, Switzerland 16.43 million current US$ (2023)
- Net bilateral aid flows from DAC donors, Germany 118.46 million current US$ (2023)
- Net bilateral aid flows from DAC donors, France 110.03 million current US$ (2023)
- Net bilateral aid flows from DAC donors, United Kingdom 123.98 million current US$ (2023)
- Net bilateral aid flows from DAC donors, Italy 2.17 million current US$ (2023)
- Net bilateral aid flows from DAC donors, Japan 28.28 million current US$ (2023)
Frequently asked questions
- What is net bilateral aid flows from dac donors, hungary in Nigeria?
- Net bilateral aid flows from dac donors, hungary in Nigeria was 1.95 million current US$ in 2023, according to Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD).
- What is the highest net bilateral aid flows from dac donors, hungary recorded in Nigeria?
- The highest recorded value was 3.73 million current US$ in 2021.
- What is the lowest net bilateral aid flows from dac donors, hungary recorded in Nigeria?
- The lowest recorded value was 189,830 current US$ in 2014.
- How does Nigeria rank for net bilateral aid flows from dac donors, hungary?
- Nigeria ranks 26th out of 108 countries with data for 2023.
- Is net bilateral aid flows from dac donors, hungary rising or falling in Nigeria?
- Over the last ten years it is up 334.0%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD), published as part of Net bilateral aid flows from DAC donors, Hungary (current US$). Statizoid updates them automatically from the source API.
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About this data
Net bilateral aid flows from DAC donors are the net disbursements of official development assistance (ODA) or official aid from the members of the Development Assistance Committee (DAC). Net disbursements are gross disbursements of grants and loans minus repayments of principal on earlier loans. ODA consists of loans made on concessional terms (with a grant element of at least 25 percent, calculated at a rate of discount of 10 percent) and grants made to promote economic development and welfare in countries and territories in the DAC list of ODA recipients. Official aid refers to aid flows 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. DAC members are Australia, Austria, Belgium, Canada, Czech Republic, Denmark, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Japan, Korea, Luxembourg, The Netherlands, New Zealand, Norway, Poland, Portugal, Slovak Republic, Slovenia, Spain, Sweden, Switzerland, United Kingdom, United States, and European Union Institutions. Regional aggregates include data for economies not specified elsewhere. World and income group totals include aid not allocated by country or region. Data are in current U.S. dollars.