Net bilateral aid flows from DAC donors, Sweden in Nigeria
Nigeria: Net bilateral aid flows from DAC donors, Sweden was 28.74 million current US$ in 2023. ◆ Volatile
Net bilateral aid flows from DAC donors, Sweden in Nigeria, 1962–2023
Source: Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD). Measured in current US$.
Analysis
The most recent figure for net bilateral aid flows from dac donors, sweden in Nigeria is 28.74 million current US$, measured in 2023.
The figure is up 15.7% on the previous year and up 2,398.4% over ten years.
Over the whole period, net bilateral aid flows from dac donors, sweden in Nigeria peaked at 29.63 million current US$ in 2017 and was at its lowest, 10,000 current US$, in 1962.
That places Nigeria 26th out of 142 countries with data for 2023, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 584,000 current US$ | 10,000 current US$ | 2.28 million current US$ | 5 |
| 1970s | 403,333 current US$ | 40,000 current US$ | 950,000 current US$ | 3 |
| 1980s | 180,000 current US$ | 10,000 current US$ | 380,000 current US$ | 9 |
| 1990s | 415,556 current US$ | 70,000 current US$ | 960,000 current US$ | 9 |
| 2000s | 981,000 current US$ | 610,000 current US$ | 1.46 million current US$ | 10 |
| 2010s | 10.62 million current US$ | 190,000 current US$ | 29.63 million current US$ | 10 |
| 2020s | 26.31 million current US$ | 22.11 million current US$ | 29.57 million current US$ | 4 |
Countries ranked near Nigeria
More aid effectiveness data for Nigeria
- Net bilateral aid flows from DAC donors, Austria 3.59 million current US$ (2023)
- Net ODA received per capita 15.78 current US$ (2023)
- Net official development assistance received 3.60 billion constant 2023 US$ (2023)
- Net ODA received 0.8% (2023)
- Net official development assistance received 3.60 billion current US$ (2023)
- Net official development assistance and official aid received 3.60 billion constant 2023 US$ (2023)
- Net official development assistance and official aid received 3.60 billion current US$ (2023)
- Net official flows from UN agencies, UNDP 5.26 million current US$ (2022)
- Net official flows from UN agencies, UNICEF 42.88 million current US$ (2023)
- Net bilateral aid flows from DAC donors, United States 934.49 million current US$ (2023)
Frequently asked questions
- What is net bilateral aid flows from dac donors, sweden in Nigeria?
- Net bilateral aid flows from dac donors, sweden in Nigeria was 28.74 million current US$ in 2023, according to Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD).
- What is the highest net bilateral aid flows from dac donors, sweden recorded in Nigeria?
- The highest recorded value was 29.63 million current US$ in 2017.
- What is the lowest net bilateral aid flows from dac donors, sweden recorded in Nigeria?
- The lowest recorded value was 10,000 current US$ in 1962.
- How does Nigeria rank for net bilateral aid flows from dac donors, sweden?
- Nigeria ranks 26th out of 142 countries with data for 2023.
- Is net bilateral aid flows from dac donors, sweden rising or falling in Nigeria?
- Over the last ten years it is up 2,398.4%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD), published as part of Net bilateral aid flows from DAC donors, Sweden (current US$). Statizoid updates them automatically from the source API.
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About this data
Net bilateral aid flows from DAC donors are the net disbursements of official development assistance (ODA) or official aid from the members of the Development Assistance Committee (DAC). Net disbursements are gross disbursements of grants and loans minus repayments of principal on earlier loans. ODA consists of loans made on concessional terms (with a grant element of at least 25 percent, calculated at a rate of discount of 10 percent) and grants made to promote economic development and welfare in countries and territories in the DAC list of ODA recipients. Official aid refers to aid flows from official donors to countries and territories in part II of the DAC list of recipients: more advanced countries of Central and Eastern Europe, the countries of the former Soviet Union, and certain advanced developing countries and territories. Official aid is provided under terms and conditions similar to those for ODA. Part II of the DAC List was abolished in 2005. The collection of data on official aid and other resource flows to Part II countries ended with 2004 data. DAC members are Australia, Austria, Belgium, Canada, Czech Republic, Denmark, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Japan, Korea, Luxembourg, The Netherlands, New Zealand, Norway, Poland, Portugal, Slovak Republic, Slovenia, Spain, Sweden, Switzerland, United Kingdom, United States, and European Union Institutions. Regional aggregates include data for economies not specified elsewhere. World and income group totals include aid not allocated by country or region. Data are in current U.S. dollars.