04_Official bilateral loans, aid loans in Nigeria
Nigeria: 04_Official bilateral loans, aid loans was 807.00 million in 2023. ◆ Volatile
04_Official bilateral loans, aid loans in Nigeria, 2004–2023
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 132 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.
04_Official bilateral loans, aid loans in Nigeria, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 573.00 million | — |
| 2005 | 576.00 million | +0.5% |
| 2006 | 5.00 million | -99.1% |
| 2007 | 5.00 million | +0.0% |
| 2008 | 3.00 million | -40.0% |
| 2009 | 2.00 million | -33.3% |
| 2010 | 1.00 million | -50.0% |
| 2011 | 1.00 million | +0.0% |
| 2013 | 59.00 million | +5800.0% |
| 2014 | 147.00 million | +149.2% |
| 2015 | 238.00 million | +61.9% |
| 2016 | 291.00 million | +22.3% |
| 2017 | 470.00 million | +61.5% |
| 2018 | 628.00 million | +33.6% |
| 2019 | 638.00 million | +1.6% |
| 2020 | 782.00 million | +22.6% |
| 2021 | 796.00 million | +1.8% |
| 2022 | 883.00 million | +10.9% |
| 2023 | 807.00 million | -8.6% |
Nigeria compared with similar countries
- Nigeria's 807.00 million is above the median for lower middle income countries, which is 366.50 million, 2.2× the median. (44 countries reporting)
- Nigeria's 807.00 million is above the median for Sub-Saharan Africa, which is 244.00 million, 3.3× the median. (47 countries reporting)
Biggest year-on-year movements
Years where 04_Official bilateral loans, aid loans 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 |
|---|---|---|---|
| 2013 | +5800.0% | 1.00 million | 59.00 million |
Averages by decade
| Decade | Average | Lowest | Highest | 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
More reference data data for Nigeria
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 1.77 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 19.51 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 27 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 2.62 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 27 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 5.94 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 5.8 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 81.9 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 121.16 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 14.27 (2050)
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 132 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
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.