04_Official bilateral loans, aid loans in Nigeria

Nigeria: 04_Official bilateral loans, aid loans was 807.00 million in 2023. ◆ Volatile

Latest (2023)
807.00 million
Change on year
down 8.6%
World rank
38th
of 130 countries
All-time high
883.00 million
in 2022
All-time low
1.00 million
in 2010
Years of data
19
2004–2023

04_Official bilateral loans, aid loans in Nigeria, 2004–2023

0200.0M400.0M600.0M800.0M2004201320232004: 573.0M2005: 576.0M2006: 5.0M2007: 5.0M2008: 3.0M2009: 2.0M2010: 1.0M2011: 1.0M2013: 59.0M2014: 147.0M2015: 238.0M2016: 291.0M2017: 470.0M2018: 628.0M2019: 638.0M2020: 782.0M2021: 796.0M2022: 883.0M2023: 807.0M

Source: OECD.

Analysis

In 2023, 04_official bilateral loans, aid loans in Nigeria stood at 807.00 million.

The figure is down 8.6% on the previous year and up 1,267.8% over ten years.

Over the whole period, 04_official bilateral loans, aid loans in Nigeria peaked at 883.00 million in 2022 and was at its lowest, 1.00 million, in 2010.

Nigeria ranks 38th of 130 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
2000s 194.00 million 2.00 million 576.00 million 6
2010s 274.78 million 1.00 million 638.00 million 9
2020s 817.00 million 782.00 million 883.00 million 4

Countries ranked near Nigeria

  1. 35 Armenia 936.00 million compare
  2. 36 Azerbaijan 898.00 million compare
  3. 37 Serbia 894.00 million compare
  4. 39 Bolivia 806.00 million compare
  5. 40 Angola 761.00 million compare
  6. 41 Cape Verde 752.00 million compare

See the full ranking of 132 places →

More reference data data for Nigeria

All data for Nigeria →

Frequently asked questions

What is 04_official bilateral loans, aid loans in Nigeria?
04_official bilateral loans, aid loans in Nigeria was 807.00 million in 2023, according to OECD.
What is the highest 04_official bilateral loans, aid loans recorded in Nigeria?
The highest recorded value was 883.00 million in 2022.
What is the lowest 04_official bilateral loans, aid loans recorded in Nigeria?
The lowest recorded value was 1.00 million in 2010.
How does Nigeria rank for 04_official bilateral loans, aid loans?
Nigeria ranks 38th out of 130 countries with data for 2023.
Is 04_official bilateral loans, aid loans rising or falling in Nigeria?
Over the last ten years it is up 1,267.8%. The long-run trend across the full record is volatile.
Where does this Nigeria data come from?
The figures come from OECD, published as part of 04_Official bilateral loans, aid loans. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
04_Official bilateral loans, aid loans
Source
OECD
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
132 places, 2,428 data points, 2004–2023
Last refreshed

Aid loans cover Official Development Assistance (ODA) loans. ODA loans are concessional loans provided by the official sector to countries and territories on the DAC List of ODA Recipients.