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Nigeria FDI Inflows (% GDP)

Nigeria's FDI inflows (% GDP) rose to 0.58% in 2024, up from 0.51% in 2023, according to World Bank. This represents an increase of 0.07% from the previous year. Nigeria has FDI inflows (% GDP) lower than the global median (0.58% vs median 1.94%). Compared with the median in Africa, Nigeria is lower (0.58% vs regional median 2.23%) and ranks 45th out of 52 countries in Africa.

Yearly Historical Data (1970-2024)

(in %)
Year FDI Inflows (% GDP)
2024 0.58%
2023 0.51%
2022 -0.04%
2021 0.75%
2020 0.55%
2019 0.49%
2018 0.18%
2017 0.64%
2016 0.85%
2015 0.62%
2014 0.82%
2013 1.07%
2012 1.52%
2011 2.13%
2010 1.64%
2009 2.9%
2008 2.41%
2007 2.17%
2006 2.04%
2005 2.84%
2004 1.38%
2003 1.91%
2002 1.97%
2001 1.62%
2000 1.65%
1999 1.7%
1998 0.14%
1997 0.23%
1996 0.27%
1995 0.24%
1994 2.44%
1993 2.37%
1992 1.72%
1991 1.2%
1990 1.09%
1989 4.28%
1988 0.76%
1987 1.16%
1986 0.35%
1985 0.66%
1984 0.26%
1983 0.38%
1982 0.3%
1981 0.33%
1980 -1.15%
1979 0.66%
1978 0.58%
1977 1.22%
1976 0.93%
1975 1.69%
1974 1.03%
1973 2.46%
1972 2.48%
1971 3.11%
1970 1.63%
Nigeria FDI Inflows (% GDP) : Definition
FDI Inflows (% GDP) measures net foreign direct investment inflows for the period, expressed as a percentage of nominal GDP for Nigeria.
Indicator Last Value Prior Value Period
Annual Exports $52.36B $65.13B 2024
Annual Imports $40.97B $65.05B 2024
Balance of Trade NGN 3.4T NGN 2.4T Jun'25
Exports NGN 7.5T NGN 8.1T Jun'25
Imports NGN 4.1T NGN 5.6T Jun'25
Net Trade (Goods & Services, BoP) -$194.39M -$5.16B 2024
Tariff Rate 11.9% 12.7% 2022