Foreign Direct Investment in Nigeria increased by 250 USD Million in the first quarter of 2025. This dataset provides - Nigeria Foreign Direct Investment - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

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 0.57537 % in 2024, 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 July of 2025.

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, 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 August of 2025.

Historical dataset showing Nigeria foreign direct investment by year from 1970 to 2023.

Nigeria: Foreign Direct Investment, percent of GDP: The latest value from 2024 is 0.58 percent, an increase from 0.51 percent in 2023. In comparison, the world average is 4.56 percent, based on data from 105 countries. Historically, the average for Nigeria from 1970 to 2024 is 1.23 percent. The minimum value, -1.15 percent, was reached in 1980 while the maximum of 4.28 percent was recorded in 1989.

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 August of 2025.

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.

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

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 August 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.

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

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.

Primary income on FDI of Nigeria rocketed by 25.43% from 11,651,030,955 US dollars in 2017 to 14,613,380,000 US dollars in 2018. Since the 32.25% slump in 2016, primary income on FDI shot up by 68.59% in 2018. Profit remittances on foreign direct investment covers payments of direct investment income (debit side), which consist of income on equity (dividends, branch profits, and reinvested earnings) and income on the inter-company debt (interest). Data are in current U.S. dollars.

Nigeria Capital Inflow: Foreign Direct Investment: Equity data was reported at 979,438,724.090 USD in 2017. This records a decrease from the previous number of 1,043,142,772.170 USD for 2016. Nigeria Capital Inflow: Foreign Direct Investment: Equity data is updated yearly, averaging 1,498,906,995.270 USD from Dec 2007 (Median) to 2017, with 11 observations. The data reached an all-time high of 4,597,675,269.360 USD in 2008 and a record low of 668,350,882.320 USD in 2010. Nigeria Capital Inflow: Foreign Direct Investment: Equity data remains active status in CEIC and is reported by Central Bank of Nigeria. The data is categorized under Global Database’s Nigeria – Table NG.O002: Capital Inflows (Annual).

Nigeria NG: BOP: Financial Account: Foreign Direct Investment: Net Inflows: % of GDP data was reported at 0.931 % in 2017. This records a decrease from the previous number of 1.098 % for 2016. Nigeria NG: BOP: Financial Account: Foreign Direct Investment: Net Inflows: % of GDP data is updated yearly, averaging 2.140 % from Dec 1970 (Median) to 2017, with 48 observations. The data reached an all-time high of 10.833 % in 1994 and a record low of -1.151 % in 1980. Nigeria NG: BOP: Financial Account: Foreign Direct Investment: Net Inflows: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank.WDI: Balance of Payments: Capital and Financial Account. Foreign direct investment are the net inflows of investment to acquire a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor. It is the sum of equity capital, reinvestment of earnings, other long-term capital, and short-term capital as shown in the balance of payments. This series shows net inflows (new investment inflows less disinvestment) in the reporting economy from foreign investors, and is divided by GDP.; ; International Monetary Fund, International Financial Statistics and Balance of Payments databases, World Bank, International Debt Statistics, and World Bank and OECD GDP estimates.; Weighted average; Note: Data starting from 2005 are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6).

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.