Grants, excluding technical cooperation in Nigeria

Nigeria: Grants, excluding technical cooperation was 1.92 billion BoP, current US$ in 2023. ◆ Volatile

Latest (2023)
1.92 billion BoP, current US$
Change on year
down 2.3%
World rank
14th
of 180 countries
All-time high
11.39 billion BoP, current US$
in 2006
All-time low
420,000 BoP, current US$
in 1983
Years of data
64
1960–2023

Grants, excluding technical cooperation in Nigeria, 1960–2023

02.5B5.0B7.5B10.0B12.5B196019912023

Source: DAC2A: Aid (ODA) disbursements to countries and regions, Organisation for Economic Co-operation and Development (OECD). Measured in BoP, current US$.

Analysis

In 2023, grants, excluding technical cooperation in Nigeria stood at 1.92 billion BoP, current US$.

Compared with earlier readings it is down 2.3% on the previous year and up 42.4% over ten years.

Over the whole period, grants, excluding technical cooperation in Nigeria peaked at 11.39 billion BoP, current US$ in 2006 and was at its lowest, 420,000 BoP, current US$, in 1983.

That places Nigeria 14th out of 180 countries with data for 2023, putting it in the top 10%.

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

Averages by decade

DecadeAverage LowestHighest Years
1960s 19.54 million BoP, current US$ 5.19 million BoP, current US$ 44.61 million BoP, current US$ 10
1970s 12.57 million BoP, current US$ 2.41 million BoP, current US$ 40.30 million BoP, current US$ 10
1980s 21.02 million BoP, current US$ 420,000 BoP, current US$ 127.80 million BoP, current US$ 10
1990s 63.35 million BoP, current US$ 24.14 million BoP, current US$ 130.77 million BoP, current US$ 10
2000s 2.08 billion BoP, current US$ 49.59 million BoP, current US$ 11.39 billion BoP, current US$ 10
2010s 1.36 billion BoP, current US$ 804.69 million BoP, current US$ 2.03 billion BoP, current US$ 10
2020s 2.01 billion BoP, current US$ 1.92 billion BoP, current US$ 2.15 billion BoP, current US$ 4

Countries ranked near Nigeria

  1. 11 Israel 2.29 billion BoP, current US$ compare
  2. 12 Jordan 2.12 billion BoP, current US$ compare
  3. 13 Turkey 1.93 billion BoP, current US$ compare
  4. 15 Uganda 1.68 billion BoP, current US$ compare
  5. 16 South Sudan 1.62 billion BoP, current US$ compare
  6. 17 Kenya 1.54 billion BoP, current US$ compare

See the full ranking of 181 places →

More economy & growth data for Nigeria

All data for Nigeria →

Frequently asked questions

What is grants, excluding technical cooperation in Nigeria?
Grants, excluding technical cooperation in Nigeria was 1.92 billion BoP, current US$ in 2023, according to DAC2A: Aid (ODA) disbursements to countries and regions, Organisation for Economic Co-operation and Development (OECD).
What is the highest grants, excluding technical cooperation recorded in Nigeria?
The highest recorded value was 11.39 billion BoP, current US$ in 2006.
What is the lowest grants, excluding technical cooperation recorded in Nigeria?
The lowest recorded value was 420,000 BoP, current US$ in 1983.
How does Nigeria rank for grants, excluding technical cooperation?
Nigeria ranks 14th out of 180 countries with data for 2023.
Is grants, excluding technical cooperation rising or falling in Nigeria?
Over the last ten years it is up 42.4%. The long-run trend across the full record is volatile.
Where does this Nigeria data come from?
The figures come from DAC2A: Aid (ODA) disbursements to countries and regions, Organisation for Economic Co-operation and Development (OECD), published as part of Grants, excluding technical cooperation (BoP, current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Grants, excluding technical cooperation (BoP, current US$)
Unit
BoP, current US$
Source
DAC2A: Aid (ODA) disbursements to countries and regions, Organisation for Economic Co-operation and Development (OECD)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
181 places, 9,080 data points, 1960–2023
Last refreshed

Grants are transfers made in cash, goods or services for which no repayment is required. For ODA reporting purposes, they also include forgiveness of non-military debt, support to non-governmental organisations, certain interest subsidies, and certain costs incurred in the implementation of aid. Grants to multilateral agencies intended to soften the terms of the latter’s lending are a direct resource outflow and should also be recorded as ODA grants. For OOF reporting purposes, grants for commercial purposes such as subsidies to national private investors, and grants to forgive military debt, are also included. Grant-like flows are assimilated to grants. They comprise a) loans for which the service payments are to be made into an account in the borrowing country and used in the borrowing country for its own benefit, and b) provision of commodities for sale in the recipient’s currency the proceeds of which are used in the recipient country for its own benefit. Data are in current U.S. dollars.