Africa's Development Dynamics (AfDD) Table 20 - External financial in Nigeria

Nigeria: Africa's Development Dynamics (AfDD) Table 20 - External financial was 0.9308 Percentage of GDP in 2022. β—† Volatile

Latest (2022)
0.9308 Percentage of GDP
Change on year
up 16.5%
World rank
83rd
of 133 countries
All-time high
5.13 Percentage of GDP
in 2006
All-time low
0.2295 Percentage of GDP
in 2001
Years of data
23
2000–2022

Africa's Development Dynamics (AfDD) Table 20 - External financial in Nigeria, 2000–2022

0123452000201120222000: 0.256 Percentage of GDP2001: 0.229 Percentage of GDP2002: 0.319 Percentage of GDP2003: 0.301 Percentage of GDP2004: 0.444 Percentage of GDP2005: 3.8 Percentage of GDP2006: 5.1 Percentage of GDP2007: 0.627 Percentage of GDP2008: 0.291 Percentage of GDP2009: 0.391 Percentage of GDP2010: 0.556 Percentage of GDP2011: 0.437 Percentage of GDP2012: 0.416 Percentage of GDP2013: 0.489 Percentage of GDP2014: 0.436 Percentage of GDP2015: 0.494 Percentage of GDP2016: 0.617 Percentage of GDP2017: 0.893 Percentage of GDP2018: 0.783 Percentage of GDP2019: 0.731 Percentage of GDP2020: 0.786 Percentage of GDP2021: 0.799 Percentage of GDP2022: 0.931 Percentage of GDP

Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.

Analysis

The most recent figure for africa's development dynamics (afdd) table 20 - external financial in Nigeria is 0.9308 Percentage of GDP, measured in 2022.

That represents a change of up 16.5% on the previous year and up 123.9% over ten years.

Over the whole period, africa's development dynamics (afdd) table 20 - external financial in Nigeria peaked at 5.13 Percentage of GDP in 2006 and was at its lowest, 0.2295 Percentage of GDP, in 2001.

That places Nigeria 83rd out of 133 countries with data for 2022, putting it 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 1.18 Percentage of GDP 0.2295 Percentage of GDP 5.13 Percentage of GDP 10
2010s 0.5852 Percentage of GDP 0.4157 Percentage of GDP 0.8933 Percentage of GDP 10
2020s 0.8387 Percentage of GDP 0.7861 Percentage of GDP 0.9308 Percentage of GDP 3

Countries ranked near Nigeria

  1. 80 Bangladesh 1.13 Percentage of GDP compare
  2. 81 Morocco 1.08 Percentage of GDP compare
  3. 82 Seychelles 0.9669 Percentage of GDP compare
  4. 84 Costa Rica 0.9242 Percentage of GDP compare
  5. 85 Serbia, Republic of 0.8026 Percentage of GDP compare
  6. 86 Arab Maghreb Union (UMA) 0.771 Percentage of GDP compare

See the full ranking of 196 places β†’

More reference data data for Nigeria

All data for Nigeria β†’

Frequently asked questions

What is africa's development dynamics (afdd) table 20 - external financial in Nigeria?
Africa's development dynamics (afdd) table 20 - external financial in Nigeria was 0.9308 Percentage of GDP in 2022, according to Organisation for Economic Co-operation and Development.
What is the highest africa's development dynamics (afdd) table 20 - external financial recorded in Nigeria?
The highest recorded value was 5.13 Percentage of GDP in 2006.
What is the lowest africa's development dynamics (afdd) table 20 - external financial recorded in Nigeria?
The lowest recorded value was 0.2295 Percentage of GDP in 2001.
How does Nigeria rank for africa's development dynamics (afdd) table 20 - external financial?
Nigeria ranks 83rd out of 133 countries with data for 2022.
Is africa's development dynamics (afdd) table 20 - external financial rising or falling in Nigeria?
Over the last ten years it is up 123.9%. The long-run trend across the full record is volatile.
Where does this Nigeria data come from?
The figures come from Organisation for Economic Co-operation and Development, published as part of Africa's Development Dynamics (AfDD) Table 20 - External financial inflows β€” Net Official Development Assistance (ODA) inflows. Statizoid updates them automatically from the source API.

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Africa's Development Dynamics (AfDD) Table 20 - External financial in Nigeria. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 19 August 2026, from https://reference.statizoid.com/stat/africa-s-development-dynamics-afdd-table-20-external-financial-inflows-net-official/nigeria/

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About this data

Indicator
Africa's Development Dynamics (AfDD) Table 20 - External financial inflows β€” Net Official Development Assistance (ODA) inflows
Unit
Percentage of GDP
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
196 places, 4,329 data points, 2000–2022
Last refreshed

The Statistical Annex to the annual Africa's Development Dynamics (AFDD) report is a collection of development indicators that were gathered and analysed while conducting the research that went into the report. These data are also available online for free viewing or download at https://oe.cd/AFDD-2024, a bilingual website which links to the electronic version of the Africa's Development Dynamics book in both English and French. <br><br> Table 20 shows indicators of external financial flows in US dollars and as a percentage of GDP, including foreign direct investment, portfolio investment, net official development assistance, and remittances.