Foreign aid received as grants and concessional loans … annual in Nigeria

Nigeria: Foreign aid received as grants and concessional loans … annual was -0.5694 % change on previous year in 2024. ◆ Volatile

Latest (2024)
-0.5694 % change on previous year
Change on year
up 91.2%
World rank
76th
of 178 countries
All-time high
132.85 % change on previous year
in 1989
All-time low
-86.83 % change on previous year
in 2007
Years of data
63
1961–2024

Foreign aid received as grants and concessional loans, annual growth in Nigeria, 1961–2024

-100-50050100150196119922024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Nigeria recorded -0.5694 % change on previous year for foreign aid received as grants and concessional loans, annual growth in 2024.

Compared with earlier readings it is up 91.2% on the previous year and up 95.2% over ten years.

Over the whole period, foreign aid received as grants and concessional loans, annual growth in Nigeria peaked at 132.85 % change on previous year in 1989 and was at its lowest, -86.83 % change on previous year, in 2007.

That places Nigeria 76th out of 178 countries with data for 2024, putting it in the middle of the range.

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

Foreign aid received as grants and concessional loans … annual in Nigeria, year by year

Annual values for Foreign aid received as grants and concessional loans, annual growth rate in Nigeria, 1961 to 2024.
Year % change on previous year Change
1961 -60.06 % change on previous year —
1962 82.49 % change on previous year -237.3%
1963 21.42 % change on previous year -74.0%
1964 42.21 % change on previous year +97.1%
1965 27.17 % change on previous year -35.6%
1966 3.66 % change on previous year -86.5%
1967 0.8712 % change on previous year -76.2%
1968 29.09 % change on previous year +3238.9%
1969 31.58 % change on previous year +8.6%
1970 2.2 % change on previous year -93.0%
1971 -24.01 % change on previous year -1192.7%
1972 -37.95 % change on previous year +58.1%
1973 9.22 % change on previous year -124.3%
1974 -16.94 % change on previous year -283.8%
1975 -9.56 % change on previous year -43.6%
1976 -29.11 % change on previous year +204.5%
1977 -4.52 % change on previous year -84.5%
1978 -4.48 % change on previous year -0.9%
1979 -11.68 % change on previous year +160.9%
1980 -1.39 % change on previous year -88.1%
1981 10.49 % change on previous year -854.5%
1982 -5.66 % change on previous year -154.0%
1983 -1.51 % change on previous year -73.4%
1984 5.64 % change on previous year -474.6%
1985 -3.81 % change on previous year -167.7%
1986 1.69 % change on previous year -144.2%
1987 -6.18 % change on previous year -466.1%
1988 27.1 % change on previous year -538.6%
1989 132.85 % change on previous year +390.2%
1990 -2.42 % change on previous year -101.8%
1991 2.73 % change on previous year -212.9%
1992 -18.14 % change on previous year -763.6%
1993 -21 % change on previous year +15.8%
1994 -22.26 % change on previous year +6.0%
1995 -18.36 % change on previous year -17.6%
1996 2.16 % change on previous year -111.8%
1997 10.2 % change on previous year +372.6%
1998 -23.91 % change on previous year -334.4%
1999 8.8 % change on previous year -136.8%
2000 39.46 % change on previous year +348.4%
2001 51.28 % change on previous year +30.0%
2002 31.81 % change on previous year -38.0%
2003 5.04 % change on previous year -84.2%
2004 35.54 % change on previous year +605.3%
2006 80.09 % change on previous year +125.4%
2007 -86.83 % change on previous year -208.4%
2008 -29.53 % change on previous year -66.0%
2009 13.48 % change on previous year -145.7%
2010 -10.42 % change on previous year -177.3%
2011 5.11 % change on previous year -149.0%
2012 23.77 % change on previous year +365.5%
2013 21.17 % change on previous year -10.9%
2014 -11.84 % change on previous year -155.9%
2015 5.88 % change on previous year -149.7%
2016 17.21 % change on previous year +192.5%
2017 34.67 % change on previous year +101.5%
2018 -10.62 % change on previous year -130.6%
2019 -9.22 % change on previous year -13.2%
2020 10.02 % change on previous year -208.6%
2021 -0.1387 % change on previous year -101.4%
2022 -9.84 % change on previous year +6997.0%
2023 -6.5 % change on previous year -33.9%
2024 -0.5694 % change on previous year -91.2%

Nigeria compared with similar countries

  • Nigeria's -0.5694 % change on previous year is above the median for lower middle income countries, which is -2.38 % change on previous year, 24% of the median. (47 countries reporting)
  • Nigeria's -0.5694 % change on previous year is above the median for Sub-Saharan Africa, which is -1.67 % change on previous year, 34% of the median. (48 countries reporting)

Biggest year-on-year movements

Years where Foreign aid received as grants and concessional loans … annual 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.

YearChange FromTo
2022 -6997.0% -0.1387 % change on previous year -9.84 % change on previous year
1968 +3238.9% 0.8712 % change on previous year 29.09 % change on previous year
1971 -1192.7% 2.2 % change on previous year -24.01 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1960s 19.83 % change on previous year -60.06 % change on previous year 82.49 % change on previous year 9
1970s -12.68 % change on previous year -37.95 % change on previous year 9.22 % change on previous year 10
1980s 15.92 % change on previous year -6.18 % change on previous year 132.85 % change on previous year 10
1990s -8.22 % change on previous year -23.91 % change on previous year 10.2 % change on previous year 10
2000s 15.59 % change on previous year -86.83 % change on previous year 80.09 % change on previous year 9
2010s 6.57 % change on previous year -11.84 % change on previous year 34.67 % change on previous year 10
2020s -1.41 % change on previous year -9.84 % change on previous year 10.02 % change on previous year 5

Countries ranked near Nigeria

  1. 73 Madagascar -0.0174 % change on previous year compare
  2. 74 Vanuatu -0.1738 % change on previous year compare
  3. 75 Dominican Republic -0.1968 % change on previous year compare
  4. 77 India -0.6438 % change on previous year compare
  5. 78 North Korea -1.06 % change on previous year compare
  6. 79 Lebanon -1.29 % change on previous year compare

See the full ranking of 185 places →

More reference data data for Nigeria

All data for Nigeria →

Frequently asked questions

What is foreign aid received as grants and concessional loans, annual growth in Nigeria?
Foreign aid received as grants and concessional loans, annual growth in Nigeria was -0.5694 % change on previous year in 2024, according to Statizoid (derived).
What is the highest foreign aid received as grants and concessional loans, annual growth recorded in Nigeria?
The highest recorded value was 132.85 % change on previous year in 1989.
What is the lowest foreign aid received as grants and concessional loans, annual growth recorded in Nigeria?
The lowest recorded value was -86.83 % change on previous year in 2007.
How does Nigeria rank for foreign aid received as grants and concessional loans, annual growth?
Nigeria ranks 76th out of 178 countries with data for 2024.
Is foreign aid received as grants and concessional loans, annual growth rising or falling in Nigeria?
Over the last ten years it is up 95.2%. The long-run trend across the full record is volatile.
Where does this Nigeria data come from?
The figures come from Statizoid (derived), published as part of Foreign aid received as grants and concessional loans, annual growth rate. Statizoid updates them automatically from the source API.

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Foreign aid received as grants and concessional loans, annual growth in Nigeria. Statizoid, drawing on Statizoid (derived). Retrieved 07 November 2026, from https://reference.statizoid.com/stat/foreign-aid-received-as-grants-and-concessional-loans-annual-growth-rate/nigeria/

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How this figure is calculated

The year-on-year percentage change in Foreign aid received as grants and concessional loans. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Foreign aid received as grants and concessional loans, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
185 places, 9,520 data points, 1961–2024
Last refreshed

The year-on-year percentage change in Foreign aid received as grants and concessional loans. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.