Net official flows from UN agencies, IFAD in Nigeria
Nigeria: Net official flows from UN agencies, IFAD was 26.78 million current US$ in 2023. ◆ Volatile
Net official flows from UN agencies, IFAD in Nigeria, 1989–2023
Source: Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD). Measured in current US$.
Analysis
The most recent figure for net official flows from un agencies, ifad in Nigeria is 26.78 million current US$, measured in 2023.
The figure is down 2.0% on the previous year and up 201.6% over ten years.
Over the whole period, net official flows from un agencies, ifad in Nigeria peaked at 33.93 million current US$ in 2018 and was at its lowest, -1.65 million current US$, in 2002.
Nigeria ranks 4th of 121 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 650,000 current US$ | 650,000 current US$ | 650,000 current US$ | 1 |
| 1990s | 2.73 million current US$ | 960,000 current US$ | 6.16 million current US$ | 10 |
| 2000s | 3.00 million current US$ | -1.65 million current US$ | 6.66 million current US$ | 10 |
| 2010s | 15.57 million current US$ | 2.80 million current US$ | 33.93 million current US$ | 10 |
| 2020s | 24.09 million current US$ | 20.37 million current US$ | 27.32 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 official flows from un agencies, ifad in Nigeria?
- Net official flows from un agencies, ifad in Nigeria was 26.78 million current US$ in 2023, according to Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD).
- What is the highest net official flows from un agencies, ifad recorded in Nigeria?
- The highest recorded value was 33.93 million current US$ in 2018.
- What is the lowest net official flows from un agencies, ifad recorded in Nigeria?
- The lowest recorded value was -1.65 million current US$ in 2002.
- How does Nigeria rank for net official flows from un agencies, ifad?
- Nigeria ranks 4th out of 121 countries with data for 2023.
- Is net official flows from un agencies, ifad rising or falling in Nigeria?
- Over the last ten years it is up 201.6%. 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 official flows from UN agencies, IFAD (current US$). Statizoid updates them automatically from the source API.
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About this data
Net official flows from UN agencies are the net disbursements of total official flows from the UN agencies. Total official flows are the sum of Official Development Assistance (ODA) or official aid and Other Official Flows (OOF) and represent the total disbursements by the official sector at large to the recipient country. 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. OOF are transactions by the official sector whose main objective is other than development-motivated, or, if development-motivated, whose grant element is below the 25 per cent threshold which would make them eligible to be recorded as ODA. The main classes of transactions included here are official export credits, official sector equity and portfolio investment, and debt reorganization undertaken by the official sector at nonconcessional terms (irrespective of the nature or the identity of the original creditor). UN agencies are United Nations includes the United Nations Children’s Fund (UNICEF), United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNRWA), World Food Programme (WFP), International Fund for Agricultural Development (IFAD), United Nations Development Programme(UNDP), United Nations Population Fund (UNFPA), United Nations Refugee Agency (UNHCR), Joint United Nations Programme on HIV/AIDS (UNAIDS), United Nations Regular Programme for Technical Assistance (UNTA), United Nations Peacebuilding Fund (UNPBF), International Atomic Energy Agency (IAEA), World Health Organization (WHO), United Nations Economic Commission for Europe (UNECE), Food and Agriculture Organization of the United Nations (FAO), International Labour Organization (ILO), United Nations Environment Programme (UNEP), World Tourism Organization (UNWTO) and United Nations Institute for Disarmament Research (UNIDIR). Data are in current U.S. dollars.