Net financial flows, bilateral in Nigeria
Nigeria: Net financial flows, bilateral was 112.67 million NFL, current US$ in 2024. ◆ Volatile
Net financial flows, bilateral in Nigeria, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in NFL, current US$.
Analysis
In 2024, net financial flows, bilateral in Nigeria stood at 112.67 million NFL, current US$.
Compared with earlier readings it is down 87.7% on the previous year and down 71.4% over ten years.
Over the whole period, net financial flows, bilateral in Nigeria peaked at 915.80 million NFL, current US$ in 2023 and was at its lowest, -4.16 billion NFL, current US$, in 2006.
Nigeria ranks 25th of 122 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 20.35 million NFL, current US$ | -6.83 million NFL, current US$ | 43.33 million NFL, current US$ | 10 |
| 1980s | 72.91 million NFL, current US$ | -352.20 million NFL, current US$ | 540.50 million NFL, current US$ | 10 |
| 1990s | -172.87 million NFL, current US$ | -427.67 million NFL, current US$ | -9.37 million NFL, current US$ | 7 |
| 2000s | -1.06 billion NFL, current US$ | -4.16 billion NFL, current US$ | 115.33 million NFL, current US$ | 10 |
| 2010s | 342.55 million NFL, current US$ | -58.12 million NFL, current US$ | 714.63 million NFL, current US$ | 10 |
| 2020s | 467.75 million NFL, current US$ | 112.67 million NFL, current US$ | 915.80 million NFL, current US$ | 5 |
Countries ranked near Nigeria
- 22 Bhutan 181.65 million NFL, current US$ compare
- 23 Jordan 129.28 million NFL, current US$ compare
- 24 Senegal 118.96 million NFL, current US$ compare
- 26 Moldova 110.30 million NFL, current US$ compare
- 27 Kazakhstan 106.47 million NFL, current US$ compare
- 28 Uganda 103.89 million NFL, current US$ compare
More external debt data for Nigeria
- IFC, private nonguaranteed 102.35 million NFL, US$ (2024)
- Public and publicly guaranteed debt service 1.6% (2024)
- Net financial flows, IDA 1.92 billion NFL, current US$ (2024)
- Net financial flows, IBRD 758.21 million NFL, current US$ (2024)
- Public and publicly guaranteed debt service 6.3% (2024)
- IMF repurchases and charges 1.93 billion TDS, current US$ (2024)
- Net financial flows, multilateral 3.19 billion NFL, current US$ (2024)
- Debt service on external debt, public and publicly guaranteed (PPG) 3.86 billion TDS, current US$ (2024)
- Multilateral debt service 32.5% (2024)
- Multilateral debt service 1.26 billion TDS, current US$ (2024)
Frequently asked questions
- What is net financial flows, bilateral in Nigeria?
- Net financial flows, bilateral in Nigeria was 112.67 million NFL, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest net financial flows, bilateral recorded in Nigeria?
- The highest recorded value was 915.80 million NFL, current US$ in 2023.
- What is the lowest net financial flows, bilateral recorded in Nigeria?
- The lowest recorded value was -4.16 billion NFL, current US$ in 2006.
- How does Nigeria rank for net financial flows, bilateral?
- Nigeria ranks 25th out of 122 countries with data for 2024.
- Is net financial flows, bilateral rising or falling in Nigeria?
- Over the last ten years it is down 71.4%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Net financial flows, bilateral (NFL, current US$). Statizoid updates them automatically from the source API.
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About this data
Bilateral debt includes loans from governments and their agencies (including central banks), loans from autonomous bodies, and direct loans from official export credit agencies. Net flows (or net lending or net disbursements) received by the borrower during the year are disbursements minus principal repayments. Data are in current U.S. dollars.