Foreign Direct Investment in Nigeria increased by 307.82 USD Million in the fourth quarter of 2024. This dataset provides - Nigeria Foreign Direct Investment - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Nigeria foreign direct investment for 2023 was 1.87 billion US dollars, a 1102.46% decline from 2022.

<ul style='margin-top:20px;'>

<li>Nigeria foreign direct investment for 2022 was <strong>-186.79 million US dollars</strong>, a <strong>105.64% decline</strong> from 2021.</li>
<li>Nigeria foreign direct investment for 2021 was <strong>3.31 billion US dollars</strong>, a <strong>38.9% increase</strong> from 2020.</li>
<li>Nigeria foreign direct investment for 2020 was <strong>2.39 billion US dollars</strong>, a <strong>3.48% increase</strong> from 2019.</li>
</ul>Foreign direct investment refers to direct investment equity flows in the reporting economy. It is the sum of equity capital, reinvestment of earnings, and other capital. Direct investment is a category of cross-border investment associated with a resident in one economy having control or a significant degree of influence on the management of an enterprise that is resident in another economy. Ownership of 10 percent or more of the ordinary shares of voting stock is the criterion for determining the existence of a direct investment relationship. Data are in current U.S. dollars.

Key information about Nigeria Foreign Direct Investment

• Nigeria Foreign Direct Investment (FDI) increased by 1.2 USD bn in Mar 2023, compared with an increase of 752.7 USD mn in the previous quarter.
• Nigeria Foreign Direct Investment: USD mn net flows data is updated quarterly, available from Mar 2014 to Mar 2023.
• The data reached an all-time high of 1.6 USD bn in Jun 2021 and a record low of -1.5 USD bn in Jun 2022.

Related information about Nigeria Foreign Direct Investment

• In the latest reports of Nigeria, Current Account recorded a surplus of 2.3 USD bn in Dec 2022.
• Nigeria Direct Investment Abroad expanded by 274.7 USD mn in Dec 2022.
• Its Foreign Portfolio Investment increased by 337.4 USD mn in Dec 2022.
• The country's Nominal GDP was reported at 111.3 USD bn in Mar 2023.

Between April and June 2023, the flow of foreign direct investment (FDI) into Nigeria amounted to some 86.03 million U.S. dollars. Compared to the previous quarter, this value experienced a increase. For instance, as of Q1 2023, FDI in the country stood at around 47.6 million U.S. dollars.

Key information about Nigeria Foreign Direct Investment: % of GDP

• Nigeria Foreign Direct Investment (FDI) registered a growth equal to 1.3 % of the country's Nominal GDP in Sep 2024, compared with a growth equal to 1.2 % in the previous quarter.
• Nigeria Foreign Direct Investment: % of Nominal GDP data is updated quarterly, available from Mar 2010 to Sep 2024.
• The data reached an all-time high of 2.5 % in Dec 2012 and a record low -0.7 % in Mar 2024.

CEIC calculates Foreign Direct Investment as % of Nominal GDP from quarterly Foreign Direct Investment and quarterly Nominal GDP. The Central Bank of Nigeria provides Foreign Direct Investment in USD. The National Bureau of Statistics provides Nominal GDP in local currency, at basic prices. The Central Bank of Nigeria average market exchange rate is used for currency conversions. Foreign Direct Investment prior to Q1 2014 is based on BPM5.


Related information about Nigeria Foreign Direct Investment: % of GDP

• In the latest reports of Nigeria, Current Account recorded a surplus of 5.1 USD bn in Jun 2024.
• Foreign Direct Investment (FDI) increased by 1.2 USD bn in Mar 2023.
• Nigeria Direct Investment Abroad fell by 831.3 USD mn in Jun 2024.
• Its Foreign Portfolio Investment increased by 4.4 USD bn in Jun 2024.
• The country's Nominal GDP was reported at 111.3 USD bn in Mar 2023.

Foreign Direct Investment (FDI) inflows in Nigeria registered a decrease of around 190 million U.S. dollars in 2022, compared to a surplus of 3.31 billion U.S. dollars in the preceding year. In 2011, a peak of 8.84 billion U.S. dollars was achieved. Moreover, in 2018, a considerable drop was registered, as FDI in the country amounted to 780 million U.S. dollars.

Foreign direct investment, net inflows (% of GDP) in Nigeria was reported at 0.51465 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Nigeria - Foreign direct investment, net inflows (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

Foreign direct investment, net inflows (BoP, current US$) in Nigeria was reported at 1080310701 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Nigeria - Foreign direct investment, net inflows (BoP, current US$) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Key information about Nigeria Foreign Portfolio Investment

• Nigeria Foreign Portfolio Investment increased by 4.417 USD bn in Jun 2024, compared with an increase of 1.400 USD bn in the previous quarter.
• Nigeria Foreign Portfolio Investment: USD mn data is updated quarterly, available from Mar 2008 to Jun 2024.
• The data reached an all-time high of 9.111 USD bn in Mar 2019 and a record low of -6.105 USD bn in Sep 2018.

The Central Bank of Nigeria provides quarterly Foreign Portfolio Investment in USD. Foreign Portfolio Investment prior to Q1 2014 is based on BPM5.


Related information about Nigeria Foreign Portfolio Investment

• In the latest reports of Nigeria, Current Account recorded a surplus of 5.143 USD bn in Jun 2024.
• Foreign Direct Investment (FDI) increased by 1.198 USD bn in Mar 2023.
• Nigeria Direct Investment Abroad fell by 831.257 USD mn in Jun 2024.
• The country's Nominal GDP was reported at 111.303 USD bn in Mar 2023.

Foreign direct investment, net outflows (BoP, current US$) in Nigeria was reported at 407953708 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Nigeria - Foreign direct investment, net outflows (BoP, current US$) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

United Kingdom (FDI) Foreign Direct Investment: Outward: Africa: Nigeria data was reported at 553.000 GBP mn in 2016. This records a decrease from the previous number of 3,182.000 GBP mn for 2015. United Kingdom (FDI) Foreign Direct Investment: Outward: Africa: Nigeria data is updated yearly, averaging 397.500 GBP mn from Dec 2007 (Median) to 2016, with 10 observations. The data reached an all-time high of 3,182.000 GBP mn in 2015 and a record low of -940.000 GBP mn in 2013. United Kingdom (FDI) Foreign Direct Investment: Outward: Africa: Nigeria data remains active status in CEIC and is reported by Office for National Statistics. The data is categorized under Global Database’s United Kingdom – Table UK.O008: BPM6: Foreign Direct Investment: Outward: By Region.

In 2023, the total stock of foreign direct investments (FDI) from China in Nigeria amounted to around *** billion U.S. dollars. This was an increase from *** billion U.S. dollars in the previous year.

China (FDI) Foreign Direct Investment: Utilized: Africa: Nigeria data was reported at 6.250 USD mn in 2017. This records an increase from the previous number of 0.870 USD mn for 2016. China (FDI) Foreign Direct Investment: Utilized: Africa: Nigeria data is updated yearly, averaging 5.625 USD mn from Dec 1992 (Median) to 2017, with 26 observations. The data reached an all-time high of 55.040 USD mn in 2008 and a record low of 0.020 USD mn in 1997. China (FDI) Foreign Direct Investment: Utilized: Africa: Nigeria data remains active status in CEIC and is reported by Ministry of Commerce. The data is categorized under China Premium Database’s Investment – Table CN.OA: Foreign Direct Investment: Capital Utilized: by Country.

As of 2020, foreign direct investment (FDI) outflows from Nigeria achieved a negative value of nearly 338 million U.S. dollars. The value considerably decreased compared to the previous years under study. In 2014, over 1.6 billion U.S. dollars in direct investment equity from the country were registered, the highest value since 2010.

Key information about Nigeria Foreign Portfolio Investment: % of GDP

• Nigeria Foreign Portfolio Investment: % of GDP was reported at 4.3 % in Sep 2024.
• This records a decrease from the previous number of 10.0 % for Jun 2024.
• Nigeria Foreign Portfolio Investment: % of GDP data is updated quarterly, averaging 1.2 % from Mar 2010 to Sep 2024, with 59 observations.
• The data reached an all-time high of 10.0 % in Jun 2024 and a record low of -5.6 % in Sep 2018.
• Nigeria Foreign Portfolio Investment: % of GDP data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Foreign Portfolio Investment: % of Nominal GDP: Quarterly.

CEIC calculates quarterly Foreign Portfolio Investment as % of Nominal GDP from quarterly Foreign Portfolio Investment and quarterly Nominal GDP. The Central Bank of Nigeria provides Foreign Portfolio Investment in USD. The National Bureau of Statistics provides Nominal GDP in local currency, at basic prices. The Central Bank of Nigeria average market exchange rate is used for currency conversions. Foreign Portfolio Investment prior to Q1 2014 is based on BPM5.

India Foreign Direct Investment: Inflow: Nigeria data was reported at 55.980 INR mn in 2018. This records an increase from the previous number of 9.900 INR mn for 2017. India Foreign Direct Investment: Inflow: Nigeria data is updated yearly, averaging 16.680 INR mn from Dec 2000 (Median) to 2018, with 19 observations. The data reached an all-time high of 150.670 INR mn in 2011 and a record low of 0.000 INR mn in 2000. India Foreign Direct Investment: Inflow: Nigeria data remains active status in CEIC and is reported by Department of Industrial Policy and Promotion. The data is categorized under Global Database’s India – Table IN.OA022: Foreign Direct Investment: Inflow: Annual: by Country.

Foreign direct investment, net (BoP, current US$) in Nigeria was reported at --672356993 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Nigeria - Foreign direct investment, net (BoP, current US$) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

This statistic depicts the volume of foreign direct investments (FDI) from China to Nigeria between 2013 and 2023. In 2023, about ****** million U.S. dollars worth of direct investments from China had been made in Nigeria.

Description of variables lnRGDP = Log of Real Gross Domestic Product INR = interest rate lnFDI = Log of Foreign Direct Investment INR_FDI = interaction between interest rate and foreign direct investment lnGDI = Log of Gross Domestic Investment lnLAB = Log of Labour force participation rate lnOPEN = Log of index of openness lnELEC = Log of electricity consumption per capita lnEXR = Log of real exchange rate

Pakistan Foreign Investment: Direct Investment: Nigeria data was reported at 0.000 USD mn in Jun 2018. This stayed constant from the previous number of 0.000 USD mn for May 2018. Pakistan Foreign Investment: Direct Investment: Nigeria data is updated monthly, averaging 0.000 USD mn from Jul 2011 (Median) to Jun 2018, with 65 observations. The data reached an all-time high of 1.000 USD mn in Dec 2016 and a record low of 0.000 USD mn in Jun 2018. Pakistan Foreign Investment: Direct Investment: Nigeria data remains active status in CEIC and is reported by State Bank of Pakistan. The data is categorized under Global Database’s Pakistan – Table PK.O001: Foreign Investment .