Nigeria Balance of Payments: Capital and Financial Account
Nigeria NG: BOP: Capital Account: Net
NG: BOP: Capital Account: Net data was reported at 10.556 USD bn in 2006. This records an increase from the previous number of 7.336 USD bn for 2005. NG: BOP: Capital Account: Net data is updated yearly, averaging 0.269 USD mn from Dec 1988 (Median) to 2006, with 11 observations. The data reached an all-time high of 10.556 USD bn in 2006 and a record low of -903.555 USD mn in 1988. NG: BOP: Capital Account: Net 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. Net capital account records acquisitions and disposals of nonproduced nonfinancial assets, such as land sold to embassies and sales of leases and licenses, as well as capital transfers, including government debt forgiveness. The use of the term capital account in this context is designed to be consistent with the System of National Accounts, which distinguishes between capital transactions and financial transactions. Data are in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; ; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 0.00 2013 | yearly | 1977 - 2013 |
View Nigeria's Nigeria NG: BOP: Capital Account: Net from 1977 to 2013 in the chart:
Nigeria NG: BOP: Financial Account: Foreign Direct Investment: Net
NG: BOP: Financial Account: Foreign Direct Investment: Net data was reported at -2.213 USD bn in 2017. This records an increase from the previous number of -3.141 USD bn for 2016. NG: BOP: Financial Account: Foreign Direct Investment: Net data is updated yearly, averaging -1.140 USD bn from Dec 1977 (Median) to 2017, with 41 observations. The data reached an all-time high of 738.870 USD mn in 1980 and a record low of -8.024 USD bn in 2011. NG: BOP: Financial Account: Foreign Direct Investment: Net 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 total net FDI. In BPM6, financial account balances are calculated as the change in assets minus the change in liabilities. Net FDI outflows are assets and net FDI inflows are liabilities. Data are in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; ; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards. In BPM6, the headings of the financial account have been changed from credits and debits to net acquisition of financial assets and net incurrence of liabilities; i.e., all changes due to credit and debit entries are recorded on a net basis separately for financial assets and liabilities. Financial account balances are calculated as the change in assets minus the change in liabilities; signs are reversed from previous editions.
| Last | Frequency | Range |
|---|---|---|
| -2,213.17 2017 | yearly | 1977 - 2017 |
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Nigeria NG: BOP: Financial Account: Foreign Direct Investment: Net Inflows
NG: BOP: Financial Account: Foreign Direct Investment: Net Inflows data was reported at 3.497 USD bn in 2017. This records a decrease from the previous number of 4.445 USD bn for 2016. NG: BOP: Financial Account: Foreign Direct Investment: Net Inflows data is updated yearly, averaging 1.065 USD bn from Dec 1970 (Median) to 2017, with 48 observations. The data reached an all-time high of 8.841 USD bn in 2011 and a record low of -738.870 USD mn in 1980. NG: BOP: Financial Account: Foreign Direct Investment: Net Inflows 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 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.; ; International Monetary Fund, Balance of Payments database, supplemented by data from the United Nations Conference on Trade and Development and official national sources.; Sum; Note: Data starting from 2005 are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6).
| Last | Frequency | Range |
|---|---|---|
| 3,497.23 2017 | yearly | 1970 - 2017 |
View Nigeria's Nigeria NG: BOP: Financial Account: Foreign Direct Investment: Net Inflows from 1970 to 2017 in the chart:
Nigeria NG: BOP: Financial Account: Foreign Direct Investment: Net Inflows: % of GDP
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. 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. 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).
| Last | Frequency | Range |
|---|---|---|
| 0.93 2017 | yearly | 1970 - 2017 |
View Nigeria's Nigeria NG: BOP: Financial Account: Foreign Direct Investment: Net Inflows: % of GDP from 1970 to 2017 in the chart:
Nigeria NG: BOP: Financial Account: Foreign Direct Investment: Net Outflows
NG: BOP: Financial Account: Foreign Direct Investment: Net Outflows data was reported at 1.284 USD bn in 2017. This records a decrease from the previous number of 1.304 USD bn for 2016. NG: BOP: Financial Account: Foreign Direct Investment: Net Outflows data is updated yearly, averaging 260.100 USD mn from Dec 1979 (Median) to 2017, with 39 observations. The data reached an all-time high of 1.599 USD bn in 2014 and a record low of -27.000 USD mn in 1982. NG: BOP: Financial Account: Foreign Direct Investment: Net Outflows 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 refers to direct investment equity flows in an 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. This series shows net outflows of investment from the reporting economy to the rest of the world. Data are in current U.S. dollars.; ; International Monetary Fund, Balance of Payments database, supplemented by data from the United Nations Conference on Trade and Development and official national sources.; Sum; Note: Data starting from 2005 are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6).
| Last | Frequency | Range |
|---|---|---|
| 1,284.06 2017 | yearly | 1979 - 2017 |
View Nigeria's Nigeria NG: BOP: Financial Account: Foreign Direct Investment: Net Outflows from 1979 to 2017 in the chart:
Nigeria NG: BOP: Financial Account: Foreign Direct Investment: Net Outflows: % of GDP
NG: BOP: Financial Account: Foreign Direct Investment: Net Outflows: % of GDP data was reported at 0.342 % in 2017. This records an increase from the previous number of 0.322 % for 2016. NG: BOP: Financial Account: Foreign Direct Investment: Net Outflows: % of GDP data is updated yearly, averaging 0.291 % from Dec 1979 (Median) to 2017, with 39 observations. The data reached an all-time high of 3.374 % in 1993 and a record low of -0.053 % in 1982. NG: BOP: Financial Account: Foreign Direct Investment: Net Outflows: % 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 refers to direct investment equity flows in an 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. This series shows net outflows of investment from the reporting economy to the rest of the world, and is divided by GDP.; ; International Monetary Fund, Balance of Payments database, supplemented by data from the United Nations Conference on Trade and Development and official national sources.; Weighted average; Note: Data starting from 2005 are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6).
| Last | Frequency | Range |
|---|---|---|
| 0.34 2017 | yearly | 1979 - 2017 |
View Nigeria's Nigeria NG: BOP: Financial Account: Foreign Direct Investment: Net Outflows: % of GDP from 1979 to 2017 in the chart:
Nigeria NG: BOP: Financial Account: Foreign Direct Investment: Primary Income
NG: BOP: Financial Account: Foreign Direct Investment: Primary Income data was reported at 11.651 USD bn in 2017. This records an increase from the previous number of 8.668 USD bn for 2016. NG: BOP: Financial Account: Foreign Direct Investment: Primary Income data is updated yearly, averaging 1.332 USD bn from Dec 1970 (Median) to 2017, with 48 observations. The data reached an all-time high of 25.257 USD bn in 2013 and a record low of 0.000 USD mn in 1976. NG: BOP: Financial Account: Foreign Direct Investment: Primary Income 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. Primary income 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 intercompany debt (interest). Data are in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook.; Sum;
| Last | Frequency | Range |
|---|---|---|
| 340.58 2016 | yearly | 1970 - 2016 |
View Nigeria's Nigeria NG: BOP: Financial Account: Foreign Direct Investment: Primary Income from 1970 to 2016 in the chart:
Nigeria NG: BOP: Financial Account: Net
NG: BOP: Financial Account: Net data was reported at 4.321 USD bn in 2017. This records an increase from the previous number of -2.931 USD bn for 2016. NG: BOP: Financial Account: Net data is updated yearly, averaging 981.570 USD mn from Dec 1977 (Median) to 2017, with 41 observations. The data reached an all-time high of 29.922 USD bn in 2006 and a record low of -12.509 USD bn in 2009. NG: BOP: Financial Account: Net 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. The net financial account shows net acquisition and disposal of financial assets and liabilities. It measures how net lending to or borrowing from nonresidents is financed, and is conceptually equal to the sum of the balances on the current and capital accounts. Data are in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; ; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards. In BPM6, the headings of the financial account have been changed from credits and debits to net acquisition of financial assets and net incurrence of liabilities; i.e., all changes due to credit and debit entries are recorded on a net basis separately for financial assets and liabilities. Financial account balances are calculated as the change in assets minus the change in liabilities; signs are reversed from previous editions.
| Last | Frequency | Range |
|---|---|---|
| 4,320.59 2017 | yearly | 1977 - 2017 |
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Nigeria NG: BOP: Financial Account: Portfolio Equity: Net Inflows
NG: BOP: Financial Account: Portfolio Equity: Net Inflows data was reported at 2.919 USD bn in 2017. This records an increase from the previous number of 324.894 USD mn for 2016. NG: BOP: Financial Account: Portfolio Equity: Net Inflows data is updated yearly, averaging 0.000 USD mn from Dec 1977 (Median) to 2017, with 31 observations. The data reached an all-time high of 9.959 USD bn in 2012 and a record low of -953.615 USD mn in 2008. NG: BOP: Financial Account: Portfolio Equity: Net Inflows 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. Portfolio equity includes net inflows from equity securities other than those recorded as direct investment and including shares, stocks, depository receipts (American or global), and direct purchases of shares in local stock markets by foreign investors. Data are in current U.S. dollars.; ; International Monetary Fund, Balance of Payments database, and World Bank, International Debt Statistics.; Sum; Note: Data starting from 2005 are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6).
| Last | Frequency | Range |
|---|---|---|
| 2,919.41 2017 | yearly | 1977 - 2017 |
View Nigeria's Nigeria NG: BOP: Financial Account: Portfolio Equity: Net Inflows from 1977 to 2017 in the chart:
Nigeria NG: BOP: Financial Account: Portfolio Investment: Net
NG: BOP: Financial Account: Portfolio Investment: Net data was reported at -8.509 USD bn in 2017. This records a decrease from the previous number of -1.710 USD bn for 2016. NG: BOP: Financial Account: Portfolio Investment: Net data is updated yearly, averaging -292.353 USD mn from Dec 1984 (Median) to 2017, with 34 observations. The data reached an all-time high of 3.402 USD bn in 2008 and a record low of -14.992 USD bn in 2012. NG: BOP: Financial Account: Portfolio Investment: Net 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. Portfolio investment covers transactions in equity securities and debt securities. Data are in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; ; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards. In BPM6, the headings of the financial account have been changed from credits and debits to net acquisition of financial assets and net incurrence of liabilities; i.e., all changes due to credit and debit entries are recorded on a net basis separately for financial assets and liabilities. Financial account balances are calculated as the change in assets minus the change in liabilities; signs are reversed from previous editions.
| Last | Frequency | Range |
|---|---|---|
| -8,509.29 2017 | yearly | 1977 - 2017 |
View Nigeria's Nigeria NG: BOP: Financial Account: Portfolio Investment: Net from 1977 to 2017 in the chart:
Nigeria NG: BOP: Grants: Excluding Technical Cooperation
NG: BOP: Grants: Excluding Technical Cooperation data was reported at 1.401 USD bn in 2016. This records an increase from the previous number of 1.176 USD bn for 2015. NG: BOP: Grants: Excluding Technical Cooperation data is updated yearly, averaging 32.880 USD mn from Dec 1960 (Median) to 2016, with 57 observations. The data reached an all-time high of 11.388 USD bn in 2006 and a record low of 0.420 USD mn in 1983. NG: BOP: Grants: Excluding Technical Cooperation 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. Grants are defined as legally binding commitments that obligate a specific value of funds available for disbursement for which there is no repayment requirement. Data are in current U.S. dollars.; ; World Bank, International Debt Statistics, and OECD.; Sum;
| Last | Frequency | Range |
|---|---|---|
| 1,400.89 2016 | yearly | 1960 - 2016 |
View Nigeria's Nigeria NG: BOP: Grants: Excluding Technical Cooperation from 1960 to 2016 in the chart:
Nigeria NG: BOP: Grants: Technical Cooperation
NG: BOP: Grants: Technical Cooperation data was reported at 346.310 USD mn in 2016. This records a decrease from the previous number of 351.400 USD mn for 2015. NG: BOP: Grants: Technical Cooperation data is updated yearly, averaging 50.720 USD mn from Dec 1960 (Median) to 2016, with 57 observations. The data reached an all-time high of 376.590 USD mn in 2014 and a record low of 0.470 USD mn in 1960. NG: BOP: Grants: Technical Cooperation 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. Technical cooperation grants include free-standing technical cooperation grants, which are intended to finance the transfer of technical and managerial skills or of technology for the purpose of building up general national capacity without reference to any specific investment projects; and investment-related technical cooperation grants, which are provided to strengthen the capacity to execute specific investment projects. Data are in current U.S. dollars.; ; World Bank, International Debt Statistics, and OECD.; Sum;
| Last | Frequency | Range |
|---|---|---|
| 346.31 2016 | yearly | 1960 - 2016 |
View Nigeria's Nigeria NG: BOP: Grants: Technical Cooperation from 1960 to 2016 in the chart:
Nigeria NG: BOP: Net Errors and Omissions
NG: BOP: Net Errors and Omissions data was reported at -6.061 USD bn in 2017. This records a decrease from the previous number of -5.645 USD bn for 2016. NG: BOP: Net Errors and Omissions data is updated yearly, averaging -53.877 USD mn from Dec 1977 (Median) to 2017, with 41 observations. The data reached an all-time high of 20.641 USD bn in 2015 and a record low of -26.735 USD bn in 2013. NG: BOP: Net Errors and Omissions 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. Net errors and omissions constitute a residual category needed to ensure that accounts in the balance of payments statement sum to zero. Net errors and omissions are derived as the balance on the financial account minus the balances on the current and capital accounts. Data are in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; ; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| -6,060.61 2017 | yearly | 1977 - 2017 |
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Nigeria NG: BOP: Reserves and Related Items
NG: BOP: Reserves and Related Items data was reported at 12.222 USD bn in 2017. This records an increase from the previous number of -985.496 USD mn for 2016. NG: BOP: Reserves and Related Items data is updated yearly, averaging -985.496 USD mn from Dec 1977 (Median) to 2017, with 41 observations. The data reached an all-time high of 13.894 USD bn in 2006 and a record low of -10.515 USD bn in 2009. NG: BOP: Reserves and Related Items 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. Reserves and related items is the net change in a country's holdings of international reserves resulting from transactions on the current, capital, and financial accounts. Reserve assets are those external assets that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, and include holdings of monetary gold, special drawing rights (SDRs), reserve position in the International Monetary Fund (IMF), and other reserve assets. Also included are net credit and loans from the IMF (excluding reserve position) and total exceptional financing. Data are in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; ; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards. In BPM6, the headings of the financial account have been changed from credits and debits to net acquisition of financial assets and net incurrence of liabilities; i.e., all changes due to credit and debit entries are recorded on a net basis separately for financial assets and liabilities. Financial account balances are calculated as the change in assets minus the change in liabilities; signs are reversed from previous editions.
| Last | Frequency | Range |
|---|---|---|
| 12,221.70 2017 | yearly | 1977 - 2017 |