Net financial flows, multilateral in Nigeria
Nigeria: Net financial flows, multilateral was 3.19 billion NFL, current US$ in 2024. ◆ Volatile
Net financial flows, multilateral in Nigeria, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in NFL, current US$.
Analysis
In 2024, net financial flows, multilateral in Nigeria stood at 3.19 billion NFL, current US$.
The figure is down 18.3% on the previous year and up 263.1% over ten years.
Over the whole period, net financial flows, multilateral in Nigeria peaked at 3.91 billion NFL, current US$ in 2023 and was at its lowest, -265.80 million NFL, current US$, in 1999.
That places Nigeria 4th out of 122 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 34.56 million NFL, current US$ | 9.56 million NFL, current US$ | 64.97 million NFL, current US$ | 10 |
| 1980s | 201.60 million NFL, current US$ | 47.88 million NFL, current US$ | 459.54 million NFL, current US$ | 10 |
| 1990s | 36.96 million NFL, current US$ | -265.80 million NFL, current US$ | 295.39 million NFL, current US$ | 10 |
| 2000s | -73.56 million NFL, current US$ | -258.09 million NFL, current US$ | 305.30 million NFL, current US$ | 10 |
| 2010s | 994.10 million NFL, current US$ | 489.86 million NFL, current US$ | 1.73 billion NFL, current US$ | 10 |
| 2020s | 2.42 billion NFL, current US$ | 1.29 billion NFL, current US$ | 3.91 billion NFL, current US$ | 5 |
Countries ranked near Nigeria
- 1 Ukraine 22.44 billion NFL, current US$ compare
- 2 Philippines 4.45 billion NFL, current US$ compare
- 3 Bangladesh 3.42 billion NFL, current US$ compare
- 5 Uzbekistan 2.63 billion NFL, current US$ compare
- 6 India 2.11 billion NFL, current US$ compare
- 7 Tanzania 2.09 billion 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)
- Debt service on external debt, public and publicly guaranteed (PPG) 3.86 billion TDS, current US$ (2024)
- Use of IMF credit 6.05 billion DOD, current US$ (2024)
- Multilateral debt service 1.26 billion TDS, current US$ (2024)
- Multilateral debt service 32.5% (2024)
- IMF repurchases and charges 1.93 billion TDS, current US$ (2024)
Frequently asked questions
- What is net financial flows, multilateral in Nigeria?
- Net financial flows, multilateral in Nigeria was 3.19 billion NFL, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest net financial flows, multilateral recorded in Nigeria?
- The highest recorded value was 3.91 billion NFL, current US$ in 2023.
- What is the lowest net financial flows, multilateral recorded in Nigeria?
- The lowest recorded value was -265.80 million NFL, current US$ in 1999.
- How does Nigeria rank for net financial flows, multilateral?
- Nigeria ranks 4th out of 122 countries with data for 2024.
- Is net financial flows, multilateral rising or falling in Nigeria?
- Over the last ten years it is up 263.1%. 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, multilateral (NFL, current US$). Statizoid updates them automatically from the source API.
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About this data
Public and publicly guaranteed multilateral loans include loans and credits from the World Bank, regional development banks, and other multilateral and intergovernmental agencies. Excluded are loans from funds administered by an international organization on behalf of a single donor government; these are classified as loans from governments. 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.