Nigeria: Net ODA received (% of GNI)
In , Nigeria's Net ODA received (% of GNI) was 0.75.
That's up 8.6% from 2022, the highest value since .
The global average for this indicator in 2023 was 5.66 . Nigeria ranks #94 globally out of 130 reporting countries. Within Sub-Saharan Africa, it ranks #40 of 45.
Source: World Bank Open Data (DT.ODA.ODAT.GN.ZS) • Data as of 2023
Trend (2008–2023)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
- 2022 · Russia–Ukraine war begins
Highlights
- Peak
- 0.91
- Trough
- 0.31
- 1-year change
- +8.6%
- 5-year change
- -6.2%
- -1.3% / yr
- 10-year change
- +48.3%
- +4.0% / yr
Historical Data — Last 10 Years
| Year | Net ODA received (% of GNI) |
|---|---|
| 0.7548 | |
| 0.6953 | |
| 0.5878 | |
| 0.5687 | |
| 0.4972 | |
| 0.8047 | |
| 0.9135 | |
| 0.6271 | |
| 0.5062 | |
| 0.4466 |
About Net ODA received (% of GNI)
Net official development assistance (ODA) consists of disbursements of loans made on concessional terms (net of repayments of principal) and grants by official agencies of the members of the Development Assistance Committee (DAC), by multilateral institutions, and by non-DAC countries to promote economic development and welfare in countries and territories in the DAC list of ODA recipients. It includes loans with a grant element of at least 25 percent (calculated at a rate of discount of 10 percent).
Indicator code: DT.ODA.ODAT.GN.ZS • Category: Trade & Finance
Frequently asked questions
- What was Nigeria's Net ODA received (% of GNI) in 2023?
- In 2023, Nigeria's Net ODA received (% of GNI) was 0.75, according to World Bank Open Data.
- Is Nigeria's Net ODA received (% of GNI) rising or falling?
- Nigeria's Net ODA received (% of GNI) rose 8.6% from 2022 to 2023.
- How does Nigeria rank globally on Net ODA received (% of GNI)?
- In 2023, Nigeria ranked #94 out of 130 countries reporting Net ODA received (% of GNI).
- How does Nigeria's Net ODA received (% of GNI) compare to the world average?
- The global average for Net ODA received (% of GNI) in 2023 was 5.66, so Nigeria is below the world average. Within Sub-Saharan Africa, it ranks #40 of 45.
- What is Net ODA received (% of GNI) and how is it measured?
- Net official development assistance (ODA) consists of disbursements of loans made on concessional terms (net of repayments of principal) and grants by official agencies of the members of the Development Assistance Committee (DAC), by multilateral institutions, and by non-DAC countries to promote economic development and welfare in countries and territories in the DAC list of ODA recipients. It includes loans with a grant element of at least 25 percent (calculated at a rate of discount of 10 percent).
Source: World Bank Open Data (DT.ODA.ODAT.GN.ZS), CC BY 4.0.