Net official development assistance received in Nigeria
Nigeria: Net official development assistance received was 3.60 billion constant 2023 US$ in 2023. ◆ Volatile
Latest (2023)
3.60 billion constant 2023 US$
Change on year
down 22.2%
World rank
10th
of 171 countries
All-time high
12.68 billion constant 2023 US$
in 2006
All-time low
70.94 million constant 2023 US$
in 1979
Years of data
64
1960–2023
Net official development assistance received in Nigeria, 1960–2023
Source: Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD). Measured in constant 2023 US$.
Analysis
Nigeria recorded 3.60 billion constant 2023 US$ for net official development assistance received in 2023.
The figure is down 22.2% on the previous year and up 31.5% over ten years.
Over the whole period, net official development assistance received in Nigeria peaked at 12.68 billion constant 2023 US$ in 2006 and was at its lowest, 70.94 million constant 2023 US$, in 1979.
That places Nigeria 10th out of 171 countries with data for 2023, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Net official development assistance received in Nigeria, year by year
| Year | constant 2023 US$ | Change |
|---|---|---|
| 1960 | 362.67 million constant 2023 US$ | — |
| 1961 | 321.21 million constant 2023 US$ | -11.4% |
| 1962 | 290.74 million constant 2023 US$ | -9.5% |
| 1963 | 165.73 million constant 2023 US$ | -43.0% |
| 1964 | 383.70 million constant 2023 US$ | +131.5% |
| 1965 | 646.65 million constant 2023 US$ | +68.5% |
| 1966 | 547.88 million constant 2023 US$ | -15.3% |
| 1967 | 558.54 million constant 2023 US$ | +1.9% |
| 1968 | 556.10 million constant 2023 US$ | -0.4% |
| 1969 | 597.41 million constant 2023 US$ | +7.4% |
| 1970 | 776.21 million constant 2023 US$ | +29.9% |
| 1971 | 665.92 million constant 2023 US$ | -14.2% |
| 1972 | 494.40 million constant 2023 US$ | -25.8% |
| 1973 | 407.25 million constant 2023 US$ | -17.6% |
| 1974 | 328.39 million constant 2023 US$ | -19.4% |
| 1975 | 309.52 million constant 2023 US$ | -5.7% |
| 1976 | 196.03 million constant 2023 US$ | -36.7% |
| 1977 | 144.27 million constant 2023 US$ | -26.4% |
| 1978 | 119.45 million constant 2023 US$ | -17.2% |
| 1979 | 70.94 million constant 2023 US$ | -40.6% |
| 1980 | 83.24 million constant 2023 US$ | +17.3% |
| 1981 | 106.84 million constant 2023 US$ | +28.4% |
| 1982 | 92.37 million constant 2023 US$ | -13.5% |
| 1983 | 112.05 million constant 2023 US$ | +21.3% |
| 1984 | 94.01 million constant 2023 US$ | -16.1% |
| 1985 | 90.88 million constant 2023 US$ | -3.3% |
| 1986 | 122.06 million constant 2023 US$ | +34.3% |
| 1987 | 117.54 million constant 2023 US$ | -3.7% |
| 1988 | 168.48 million constant 2023 US$ | +43.3% |
| 1989 | 493.88 million constant 2023 US$ | +193.1% |
| 1990 | 372.58 million constant 2023 US$ | -24.6% |
| 1991 | 400.92 million constant 2023 US$ | +7.6% |
| 1992 | 365.63 million constant 2023 US$ | -8.8% |
| 1993 | 457.68 million constant 2023 US$ | +25.2% |
| 1994 | 291.50 million constant 2023 US$ | -36.3% |
| 1995 | 267.90 million constant 2023 US$ | -8.1% |
| 1996 | 262.42 million constant 2023 US$ | -2.0% |
| 1997 | 293.00 million constant 2023 US$ | +11.7% |
| 1998 | 305.09 million constant 2023 US$ | +4.1% |
| 1999 | 220.96 million constant 2023 US$ | -27.6% |
| 2000 | 268.53 million constant 2023 US$ | +21.5% |
| 2001 | 271.00 million constant 2023 US$ | +0.9% |
| 2002 | 467.20 million constant 2023 US$ | +72.4% |
| 2003 | 443.73 million constant 2023 US$ | -5.0% |
| 2004 | 743.59 million constant 2023 US$ | +67.6% |
| 2005 | 7.45 billion constant 2023 US$ | +902.2% |
| 2006 | 12.68 billion constant 2023 US$ | +70.1% |
| 2007 | 2.18 billion constant 2023 US$ | -82.8% |
| 2008 | 1.46 billion constant 2023 US$ | -33.1% |
| 2009 | 1.88 billion constant 2023 US$ | +29.2% |
| 2010 | 1.28 billion constant 2023 US$ | -32.1% |
| 2011 | 1.97 billion constant 2023 US$ | +54.1% |
| 2012 | 2.10 billion constant 2023 US$ | +6.6% |
| 2013 | 2.73 billion constant 2023 US$ | +30.1% |
| 2014 | 2.64 billion constant 2023 US$ | -3.3% |
| 2015 | 2.80 billion constant 2023 US$ | +5.7% |
| 2016 | 2.95 billion constant 2023 US$ | +5.4% |
| 2017 | 3.91 billion constant 2023 US$ | +32.6% |
| 2018 | 3.70 billion constant 2023 US$ | -5.3% |
| 2019 | 3.70 billion constant 2023 US$ | -0.0% |
| 2020 | 3.72 billion constant 2023 US$ | +0.6% |
| 2021 | 3.67 billion constant 2023 US$ | -1.5% |
| 2022 | 4.62 billion constant 2023 US$ | +26.0% |
| 2023 | 3.60 billion constant 2023 US$ | -22.2% |
Nigeria compared with similar countries
- Nigeria's 3.60 billion constant 2023 US$ is above the median for lower middle income countries, which is 691.09 million constant 2023 US$, 5.2× the median. (47 countries reporting)
- Nigeria's 3.60 billion constant 2023 US$ is above the median for Sub-Saharan Africa, which is 865.90 million constant 2023 US$, 4.2× the median. (48 countries reporting)
Biggest year-on-year movements
Years where Net official development assistance received in Nigeria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2005 | +902.2% | 743.59 million constant 2023 US$ | 7.45 billion constant 2023 US$ |
| 1989 | +193.1% | 168.48 million constant 2023 US$ | 493.88 million constant 2023 US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 443.06 million constant 2023 US$ | 165.73 million constant 2023 US$ | 646.65 million constant 2023 US$ | 10 |
| 1970s | 351.24 million constant 2023 US$ | 70.94 million constant 2023 US$ | 776.21 million constant 2023 US$ | 10 |
| 1980s | 148.13 million constant 2023 US$ | 83.24 million constant 2023 US$ | 493.88 million constant 2023 US$ | 10 |
| 1990s | 323.77 million constant 2023 US$ | 220.96 million constant 2023 US$ | 457.68 million constant 2023 US$ | 10 |
| 2000s | 2.78 billion constant 2023 US$ | 268.53 million constant 2023 US$ | 12.68 billion constant 2023 US$ | 10 |
| 2010s | 2.78 billion constant 2023 US$ | 1.28 billion constant 2023 US$ | 3.91 billion constant 2023 US$ | 10 |
| 2020s | 3.90 billion constant 2023 US$ | 3.60 billion constant 2023 US$ | 4.62 billion constant 2023 US$ | 4 |
Countries ranked near Nigeria
- 7 Israel 4.00 billion constant 2023 US$ compare
- 8 Pakistan 3.96 billion constant 2023 US$ compare
- 9 Palestine 3.62 billion constant 2023 US$ compare
- 11 Afghanistan 3.06 billion constant 2023 US$ compare
- 12 Tanzania 3.06 billion constant 2023 US$ compare
- 13 Mozambique 2.93 billion constant 2023 US$ compare
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 official development assistance received in Nigeria?
- Net official development assistance received in Nigeria was 3.60 billion constant 2023 US$ in 2023, according to Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD).
- What is the highest net official development assistance received recorded in Nigeria?
- The highest recorded value was 12.68 billion constant 2023 US$ in 2006.
- What is the lowest net official development assistance received recorded in Nigeria?
- The lowest recorded value was 70.94 million constant 2023 US$ in 1979.
- How does Nigeria rank for net official development assistance received?
- Nigeria ranks 10th out of 171 countries with data for 2023.
- Is net official development assistance received rising or falling in Nigeria?
- Over the last ten years it is up 31.5%. 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 official development assistance received (constant 2023 US$). Statizoid updates them automatically from the source API.
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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). Data are in constant 2023 U.S. dollars.