Foreign assets in Nigeria
Nigeria: Foreign assets was 87.66 billion current US$ in 2020. ◆ Volatile
Latest (2020)
87.66 billion current US$
Change on year
down 2.2%
World rank
57th
of 151 countries
All-time high
109.39 billion current US$
in 2013
All-time low
7.96 billion current US$
in 1995
Years of data
26
1995–2020
Foreign assets in Nigeria, 1995–2020
Source: World Bank. Measured in current US$.
Analysis
The most recent figure for foreign assets in Nigeria is 87.66 billion current US$, measured in 2020.
Compared with earlier readings it is down 2.2% on the previous year and up 8.7% over ten years.
Over the whole period, foreign assets in Nigeria peaked at 109.39 billion current US$ in 2013 and was at its lowest, 7.96 billion current US$, in 1995.
Nigeria ranks 57th of 151 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Foreign assets in Nigeria, year by year
| Year | current US$ | Change |
|---|---|---|
| 1995 | 7.96 billion current US$ | — |
| 1996 | 9.71 billion current US$ | +22.0% |
| 1997 | 13.71 billion current US$ | +41.2% |
| 1998 | 14.46 billion current US$ | +5.4% |
| 1999 | 10.10 billion current US$ | -30.2% |
| 2000 | 15.43 billion current US$ | +52.8% |
| 2001 | 17.19 billion current US$ | +11.4% |
| 2002 | 15.08 billion current US$ | -12.3% |
| 2003 | 16.68 billion current US$ | +10.7% |
| 2004 | 26.63 billion current US$ | +59.6% |
| 2005 | 41.75 billion current US$ | +56.8% |
| 2006 | 60.50 billion current US$ | +44.9% |
| 2007 | 75.51 billion current US$ | +24.8% |
| 2008 | 91.38 billion current US$ | +21.0% |
| 2009 | 83.19 billion current US$ | -9.0% |
| 2010 | 80.61 billion current US$ | -3.1% |
| 2011 | 88.19 billion current US$ | +9.4% |
| 2012 | 105.84 billion current US$ | +20.0% |
| 2013 | 109.39 billion current US$ | +3.4% |
| 2014 | 102.70 billion current US$ | -6.1% |
| 2015 | 76.00 billion current US$ | -26.0% |
| 2016 | 65.36 billion current US$ | -14.0% |
| 2017 | 78.37 billion current US$ | +19.9% |
| 2018 | 88.14 billion current US$ | +12.5% |
| 2019 | 89.67 billion current US$ | +1.7% |
| 2020 | 87.66 billion current US$ | -2.2% |
Nigeria compared with similar countries
- Nigeria's 87.66 billion current US$ is above the median for lower middle income countries, which is 9.13 billion current US$, 9.6× the median. (39 countries reporting)
- Nigeria's 87.66 billion current US$ is above the median for Sub-Saharan Africa, which is 5.86 billion current US$, 15.0× the median. (42 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 11.19 billion current US$ | 7.96 billion current US$ | 14.46 billion current US$ | 5 |
| 2000s | 44.33 billion current US$ | 15.08 billion current US$ | 91.38 billion current US$ | 10 |
| 2010s | 88.43 billion current US$ | 65.36 billion current US$ | 109.39 billion current US$ | 10 |
| 2020s | 87.66 billion current US$ | 87.66 billion current US$ | 87.66 billion current US$ | 1 |
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 foreign assets in Nigeria?
- Foreign assets in Nigeria was 87.66 billion current US$ in 2020, according to the World Bank.
- What is the highest foreign assets recorded in Nigeria?
- The highest recorded value was 109.39 billion current US$ in 2013.
- What is the lowest foreign assets recorded in Nigeria?
- The lowest recorded value was 7.96 billion current US$ in 1995.
- How does Nigeria rank for foreign assets?
- Nigeria ranks 57th out of 151 countries with data for 2020.
- Is foreign assets rising or falling in Nigeria?
- Over the last ten years it is up 8.7%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from the World Bank, published as part of Foreign assets (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).