Nigeria - Net official development assistance and official aid received (constant 2016 US$)

The latest value for Net official development assistance and official aid received (constant 2016 US$) in Nigeria was 3,571,530,000 as of 2019. Over the past 59 years, the value for this indicator has fluctuated between 11,879,080,000 in 2006 and 64,920,000 in 1979.

Definition: Net official development assistance (ODA) consists of disbursements of loans made on concessional terms (net of repayments of principal) and grants by official agencies of the members of the Development Assistance Committee (DAC), by multilateral institutions, and by non-DAC countries to promote economic development and welfare in countries and territories in the DAC list of ODA recipients. It includes loans with a grant element of at least 25 percent (calculated at a rate of discount of 10 percent). Net official aid refers to aid flows (net of repayments) 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. Data are in constant 2016 U.S. dollars.

Source: Development Assistance Committee of the Organisation for Economic Co-operation and Development, Geographical Distribution of Financial Flows to Developing Countries, Development Co-operation Report, and International Development Statistics database. Data

See also:

Year Value
1960 313,390,000
1961 276,750,000
1962 249,820,000
1963 142,220,000
1964 332,520,000
1965 568,670,000
1966 484,510,000
1967 492,540,000
1968 493,690,000
1969 536,630,000
1970 684,470,000
1971 589,350,000
1972 428,910,000
1973 359,560,000
1974 294,420,000
1975 300,340,000
1976 180,140,000
1977 136,830,000
1978 112,440,000
1979 64,920,000
1980 76,040,000
1981 98,470,000
1982 86,600,000
1983 111,770,000
1984 86,700,000
1985 83,670,000
1986 115,840,000
1987 112,400,000
1988 167,600,000
1989 489,650,000
1990 361,530,000
1991 365,420,000
1992 343,800,000
1993 420,930,000
1994 265,960,000
1995 250,380,000
1996 240,630,000
1997 269,480,000
1998 279,880,000
1999 204,340,000
2000 243,820,000
2001 245,660,000
2002 419,570,000
2003 393,720,000
2004 662,850,000
2005 6,792,170,000
2006 11,879,080,000
2007 1,960,540,000
2008 1,305,300,000
2009 1,684,670,000
2010 2,100,010,000
2011 1,757,710,000
2012 1,876,710,000
2013 2,446,540,000
2014 2,366,410,000
2015 2,520,200,000
2016 2,633,470,000
2017 3,503,160,000
2018 3,304,950,000
2019 3,571,530,000

Aggregation method: Sum

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Official development assistance