Foreign aid received as grants and concessional loans, per unit of GDP in Nigeria
Nigeria: Foreign aid received as grants and concessional loans, per unit of GDP was 0.0086 constant 2024 US$ per US$ of GDP in 2024. ◆ Volatile
Foreign aid received as grants and concessional loans, per unit of GDP in Nigeria, 1960–2024
Source: Statizoid (derived). Measured in constant 2024 US$ per US$ of GDP.
Analysis
The most recent figure for foreign aid received as grants and concessional loans, per unit of gdp in Nigeria is 0.0086 constant 2024 US$ per US$ of GDP, measured in 2024.
That represents a change of up 92.1% on the previous year and up 184.2% over ten years.
Over the whole period, foreign aid received as grants and concessional loans, per unit of gdp in Nigeria peaked at 0.0839 constant 2024 US$ per US$ of GDP in 1969 and was at its lowest, 0.0006 constant 2024 US$ per US$ of GDP, in 1998.
Nigeria ranks 92nd of 163 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.
Foreign aid received as grants and concessional loans, per unit of GDP in Nigeria, year by year
| Year | constant 2024 US$ per US$ of GDP | Change |
|---|---|---|
| 1960 | 0.0466 constant 2024 US$ per US$ of GDP | — |
| 1961 | 0.0175 constant 2024 US$ per US$ of GDP | -62.5% |
| 1962 | 0.0291 constant 2024 US$ per US$ of GDP | +66.1% |
| 1963 | 0.0335 constant 2024 US$ per US$ of GDP | +15.4% |
| 1964 | 0.0444 constant 2024 US$ per US$ of GDP | +32.3% |
| 1965 | 0.0533 constant 2024 US$ per US$ of GDP | +20.2% |
| 1966 | 0.051 constant 2024 US$ per US$ of GDP | -4.4% |
| 1967 | 0.063 constant 2024 US$ per US$ of GDP | +23.4% |
| 1968 | 0.0813 constant 2024 US$ per US$ of GDP | +29.1% |
| 1969 | 0.0839 constant 2024 US$ per US$ of GDP | +3.2% |
| 1970 | 0.0453 constant 2024 US$ per US$ of GDP | -46.0% |
| 1971 | 0.0471 constant 2024 US$ per US$ of GDP | +3.8% |
| 1972 | 0.0218 constant 2024 US$ per US$ of GDP | -53.6% |
| 1973 | 0.0193 constant 2024 US$ per US$ of GDP | -11.6% |
| 1974 | 0.0098 constant 2024 US$ per US$ of GDP | -49.3% |
| 1975 | 0.0079 constant 2024 US$ per US$ of GDP | -19.1% |
| 1976 | 0.0043 constant 2024 US$ per US$ of GDP | -45.8% |
| 1977 | 0.0041 constant 2024 US$ per US$ of GDP | -3.8% |
| 1978 | 0.0039 constant 2024 US$ per US$ of GDP | -5.8% |
| 1979 | 0.0027 constant 2024 US$ per US$ of GDP | -31.7% |
| 1980 | 0.0019 constant 2024 US$ per US$ of GDP | -27.4% |
| 1981 | 0.0008 constant 2024 US$ per US$ of GDP | -56.9% |
| 1982 | 0.0009 constant 2024 US$ per US$ of GDP | +8.7% |
| 1983 | 0.0013 constant 2024 US$ per US$ of GDP | +44.8% |
| 1984 | 0.0018 constant 2024 US$ per US$ of GDP | +39.6% |
| 1985 | 0.0018 constant 2024 US$ per US$ of GDP | -4.2% |
| 1986 | 0.0024 constant 2024 US$ per US$ of GDP | +36.8% |
| 1987 | 0.0023 constant 2024 US$ per US$ of GDP | -2.4% |
| 1988 | 0.0032 constant 2024 US$ per US$ of GDP | +34.8% |
| 1989 | 0.0083 constant 2024 US$ per US$ of GDP | +162.7% |
| 1990 | 0.0066 constant 2024 US$ per US$ of GDP | -20.5% |
| 1991 | 0.0061 constant 2024 US$ per US$ of GDP | -6.7% |
| 1992 | 0.0057 constant 2024 US$ per US$ of GDP | -6.4% |
| 1993 | 0.0042 constant 2024 US$ per US$ of GDP | -27.5% |
| 1994 | 0.0023 constant 2024 US$ per US$ of GDP | -45.2% |
| 1995 | 0.0011 constant 2024 US$ per US$ of GDP | -53.4% |
| 1996 | 0.0008 constant 2024 US$ per US$ of GDP | -22.5% |
| 1997 | 0.0008 constant 2024 US$ per US$ of GDP | +1.9% |
| 1998 | 0.0006 constant 2024 US$ per US$ of GDP | -30.0% |
| 1999 | 0.0024 constant 2024 US$ per US$ of GDP | +301.8% |
| 2000 | 0.0028 constant 2024 US$ per US$ of GDP | +19.2% |
| 2001 | 0.004 constant 2024 US$ per US$ of GDP | +42.3% |
| 2002 | 0.0041 constant 2024 US$ per US$ of GDP | +2.0% |
| 2003 | 0.0039 constant 2024 US$ per US$ of GDP | -4.7% |
| 2004 | 0.0041 constant 2024 US$ per US$ of GDP | +4.6% |
| 2005 | 0.0417 constant 2024 US$ per US$ of GDP | +922.4% |
| 2006 | 0.0553 constant 2024 US$ per US$ of GDP | +32.7% |
| 2007 | 0.0062 constant 2024 US$ per US$ of GDP | -88.7% |
| 2008 | 0.0036 constant 2024 US$ per US$ of GDP | -42.2% |
| 2009 | 0.0047 constant 2024 US$ per US$ of GDP | +30.6% |
| 2010 | 0.0034 constant 2024 US$ per US$ of GDP | -28.0% |
| 2011 | 0.0032 constant 2024 US$ per US$ of GDP | -6.9% |
| 2012 | 0.0035 constant 2024 US$ per US$ of GDP | +10.6% |
| 2013 | 0.0038 constant 2024 US$ per US$ of GDP | +8.1% |
| 2014 | 0.003 constant 2024 US$ per US$ of GDP | -20.1% |
| 2015 | 0.0037 constant 2024 US$ per US$ of GDP | +23.3% |
| 2016 | 0.0053 constant 2024 US$ per US$ of GDP | +42.8% |
| 2017 | 0.0077 constant 2024 US$ per US$ of GDP | +45.0% |
| 2018 | 0.0061 constant 2024 US$ per US$ of GDP | -20.4% |
| 2019 | 0.0035 constant 2024 US$ per US$ of GDP | -42.7% |
| 2020 | 0.0043 constant 2024 US$ per US$ of GDP | +22.8% |
| 2021 | 0.0042 constant 2024 US$ per US$ of GDP | -1.9% |
| 2022 | 0.0036 constant 2024 US$ per US$ of GDP | -15.1% |
| 2023 | 0.0045 constant 2024 US$ per US$ of GDP | +24.1% |
| 2024 | 0.0086 constant 2024 US$ per US$ of GDP | +92.1% |
Nigeria compared with similar countries
- Nigeria's 0.0086 constant 2024 US$ per US$ of GDP is below the median for lower middle income countries, which is 0.0178 constant 2024 US$ per US$ of GDP, 48% of the median. (47 countries reporting)
- Nigeria's 0.0086 constant 2024 US$ per US$ of GDP is below the median for Sub-Saharan Africa, which is 0.0362 constant 2024 US$ per US$ of GDP, 24% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Foreign aid received as grants and concessional loans, per unit of GDP 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 |
|---|---|---|---|
| 2005 | +922.4% | 0.0041 constant 2024 US$ per US$ of GDP | 0.0417 constant 2024 US$ per US$ of GDP |
| 1999 | +301.8% | 0.0006 constant 2024 US$ per US$ of GDP | 0.0024 constant 2024 US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.0504 constant 2024 US$ per US$ of GDP | 0.0175 constant 2024 US$ per US$ of GDP | 0.0839 constant 2024 US$ per US$ of GDP | 10 |
| 1970s | 0.0166 constant 2024 US$ per US$ of GDP | 0.0027 constant 2024 US$ per US$ of GDP | 0.0471 constant 2024 US$ per US$ of GDP | 10 |
| 1980s | 0.0025 constant 2024 US$ per US$ of GDP | 0.0008 constant 2024 US$ per US$ of GDP | 0.0083 constant 2024 US$ per US$ of GDP | 10 |
| 1990s | 0.0031 constant 2024 US$ per US$ of GDP | 0.0006 constant 2024 US$ per US$ of GDP | 0.0066 constant 2024 US$ per US$ of GDP | 10 |
| 2000s | 0.013 constant 2024 US$ per US$ of GDP | 0.0028 constant 2024 US$ per US$ of GDP | 0.0553 constant 2024 US$ per US$ of GDP | 10 |
| 2010s | 0.0043 constant 2024 US$ per US$ of GDP | 0.003 constant 2024 US$ per US$ of GDP | 0.0077 constant 2024 US$ per US$ of GDP | 10 |
| 2020s | 0.005 constant 2024 US$ per US$ of GDP | 0.0036 constant 2024 US$ per US$ of GDP | 0.0086 constant 2024 US$ per US$ of GDP | 5 |
Countries ranked near Nigeria
- 89 Montenegro 0.0091 constant 2024 US$ per US$ of GDP compare
- 90 Congo 0.0091 constant 2024 US$ per US$ of GDP compare
- 91 Ghana 0.0088 constant 2024 US$ per US$ of GDP compare
- 93 Saint Lucia 0.0069 constant 2024 US$ per US$ of GDP compare
- 94 Grenada 0.0064 constant 2024 US$ per US$ of GDP compare
- 95 Libya 0.006 constant 2024 US$ per US$ of GDP compare
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 foreign aid received as grants and concessional loans, per unit of gdp in Nigeria?
- Foreign aid received as grants and concessional loans, per unit of gdp in Nigeria was 0.0086 constant 2024 US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest foreign aid received as grants and concessional loans, per unit of gdp recorded in Nigeria?
- The highest recorded value was 0.0839 constant 2024 US$ per US$ of GDP in 1969.
- What is the lowest foreign aid received as grants and concessional loans, per unit of gdp recorded in Nigeria?
- The lowest recorded value was 0.0006 constant 2024 US$ per US$ of GDP in 1998.
- How does Nigeria rank for foreign aid received as grants and concessional loans, per unit of gdp?
- Nigeria ranks 92nd out of 163 countries with data for 2024.
- Is foreign aid received as grants and concessional loans, per unit of gdp rising or falling in Nigeria?
- Over the last ten years it is up 184.2%. 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, per unit of GDP. Statizoid updates them automatically from the source API.
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CSV · JSON — 65 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Foreign aid received as grants and concessional loans divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Foreign aid received as grants and concessional loans ÷ GDP (current US$)
Computed from
- Foreign aid received as grants and concessional loans OECD (2026) – with major processing by Our World in Data
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Foreign aid received as grants and concessional loans divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.