Nigeria vs Somalia: Foreign aid received as grants and concessional loans

Nigeria
2.16 billion constant 2024 US$
in 2024
Somalia
2.66 billion constant 2024 US$
in 2024
Nigeria rank
13th
Somalia rank
10th

Foreign aid received as grants and concessional loans over time

  • Nigeria
  • Somalia
05.0B10.0B15.0B196019922024

How they compare

Somalia currently reports 2.66 billion constant 2024 US$ against 2.16 billion constant 2024 US$ in Nigeria, a difference of 502.97 million constant 2024 US$.

That makes Somalia's figure about 1.2 times Nigeria's.

The two have swapped places 10 times across 65 shared years of data; in 1960 it was Somalia ahead.

Nigeria ranks 13th and Somalia ranks 10th of 178 countries.

Across the 7 decades both report, Nigeria averaged higher in 3 and Somalia in 4.

Head to head by decade

Decade Nigeria Somalia Difference Ahead
1960s 278.09 million constant 2024 US$ 214.66 million constant 2024 US$ 63.43 million constant 2024 US$ Nigeria
1970s 259.73 million constant 2024 US$ 339.66 million constant 2024 US$ 79.93 million constant 2024 US$ Somalia
1980s 155.65 million constant 2024 US$ 831.94 million constant 2024 US$ 676.29 million constant 2024 US$ Somalia
1990s 218.20 million constant 2024 US$ 568.94 million constant 2024 US$ 350.74 million constant 2024 US$ Somalia
2000s 2.67 billion constant 2024 US$ 415.19 million constant 2024 US$ 2.26 billion constant 2024 US$ Nigeria
2010s 1.97 billion constant 2024 US$ 1.39 billion constant 2024 US$ 580.71 million constant 2024 US$ Nigeria
2020s 2.36 billion constant 2024 US$ 2.61 billion constant 2024 US$ 251.63 million constant 2024 US$ Somalia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher foreign aid received as grants and concessional loans, Nigeria or Somalia?
Somalia, at 2.66 billion constant 2024 US$ against 2.16 billion constant 2024 US$ in Nigeria as of 2024.
What is the difference in foreign aid received as grants and concessional loans between Nigeria and Somalia?
502.97 million constant 2024 US$, with Somalia ahead.
How many years of comparable data are there for Nigeria and Somalia?
65 years are reported by both, from 1960 to 2024.
How do Nigeria and Somalia rank globally for foreign aid received as grants and concessional loans?
Nigeria ranks 13th and Somalia ranks 10th of 178 countries.
Where does this data come from?
OECD (2026) – with major processing by Our World in Data, published as Foreign aid received as grants and concessional loans. Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

Share, cite or embed this page

Cite this page

Nigeria vs Somalia: Foreign aid received as grants and concessional loans. Statizoid, drawing on OECD (2026) – with major processing by Our World in Data. Retrieved 07 November 2026, from https://reference.statizoid.com/compare/foreign-aid-received-as-grants-and-concessional-loans/nigeria/somalia-fed-rep/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (Our World in Data); please keep the attribution.

<a href="https://reference.statizoid.com/compare/foreign-aid-received-as-grants-and-concessional-loans/nigeria/somalia-fed-rep/">Nigeria vs Somalia: Foreign aid received as grants and concessional loans</a> β€” Statizoid

About this data

Indicator
Foreign aid received as grants and concessional loans
Unit
constant 2024 US$
Source
OECD (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
185 places, 9,817 data points, 1960–2024
Last refreshed

Official development assistance component that represents grants. Monetary aid is estimated as net disbursements. This data is expressed in US dollars. It is adjusted for inflation.