Nigeria's investment in energy with private participation (current US$) was US$20 million in 2024, the latest year in the World Bank's World Development Indicators.
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$20 million | 2024 |
| Highest | US$2.6 billion | 2020 |
| Lowest | US$20 million | 2024 |
| Average since 2015 | US$612.42 million | 2015–2024 |
| First recorded | US$295 million | 2001 |
Since 2001 it is down 93.22% from US$295 million in 2001 (11.04% a year on average, compounded). The World Bank has no value for 12 of the years in between; the chart leaves those gaps open rather than joining across them.
How it compares
In 2024, Nigeria had the 29th highest value of the 31 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Nigeria | US$20 million | 2024 |
| Lower middle income | US$7.89 billion | 2024 |
Closest to Nigeria in the 2024 ranking
- Côte d'Ivoire — 26th of 31: US$60.68 million
- Argentina — 27th of 31: US$33 million
- Bangladesh — 28th of 31: US$24.3 million
- Tanzania — 30th of 31: US$15 million
- Nicaragua — 31st of 31: US$12.5 million
What this measures
The Private Participation in Infrastructure (PPI) Database records contractual arrangements for public infrastructure projects in low- and middle-income countries (as classified by the World Bank) that have reached financial closure, in which private parties assume operating risk. Investment in energy projects with private participation refers to commitments to infrastructure projects in energy (electricity and natural gas: generation, transmission and distribution) that have reached financial closure and directly or indirectly serve the public. The types of projects included are management and lease contracts, brownfield projects, greenfield projects (in which a private entity or a public-private joint venture builds and operates a new facility), and divestitures. Investments are classified as one of two types: (1) Investments in physical assets: resources the project company commits to invest in expanding and modernizing facilities and (2) payments to the government: to acquire state-owned enterprises or rights to provide services in a specific area or to use radio spectrum. Data is presented based on investment year. Data are in current U.S. dollars.
Limitations: The data on investment in infrastructure projects with private participation refer to all investment (public and private) in projects in which a private company assumes operating risk during the operating period or development and operating risk during the contract period. Investment refers to commitments not disbursements. Foreign state-owned companies are considered private entities for the purposes of this measure. Investment commitments are the sum of investments in physical assets and payments to the government.
Regional and income-group figures are computed by the World Bank as a sum.
All 12 values
| Year | Investment in energy with private participation (current US$) |
|---|---|
| 2024 | 20,000,000 |
| 2023 | 64,500,000 |
| 2022 | no data |
| 2021 | 40,000,000 |
| 2020 | 2,600,000,000 |
| 2019 | no data |
| 2018 | no data |
| 2017 | 70,000,000 |
| 2016 | no data |
| 2015 | 880,000,000 |
Investment in energy with private participation (current US$) in nearby economies
- Côte d'Ivoire — US$60.68 million (2024)
- Ghana — US$1.53 billion (2019)
- Kenya — US$77 million (2024)
- Mozambique — US$720 million (2024)
- Senegal — US$585.7 million (2024)
- South Africa — US$1.79 billion (2024)
- Tanzania — US$15 million (2024)
- Uganda — US$95 million (2024)
- Zambia — US$96.7 million (2024)
More private sector & trade data for Nigeria
- Merchandise trade (% of GDP) — 33.33% (2025)
- Merchandise imports (current US$) — US$41.45 billion (2025)
- Merchandise exports (current US$) — US$55.47 billion (2025)
- Merchandise imports from high-income economies (% of total merchandise imports) — 65.39% (2023)
- Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) — 32.73% (2023)
- Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) — 7.85% (2023)
- Merchandise imports from low- and middle-income economies in Sub-Saharan Africa (% of total merchandise imports) — 1.88% (2023)
Reading data like this
Questions people ask
- What is Nigeria's investment in energy with private participation (current US$)?
- US$20 million in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 2001?
- It is down 93.22% from US$295 million in 2001 (11.04% a year on average, compounded). The highest value was US$2.6 billion in 2020 and the lowest US$20 million in 2024.
- How does Nigeria rank?
- 29th highest of 31 economies with data for 2024.
- Where does this data come from?
- The World Bank's World Development Indicators, licensed CC BY 4.0. Original source: Private Participation in Infrastructure Project Database, World Bank (WB), uri: https://ppi.worldbank.org/en/ppidata.
Source
World Bank, World Development Indicators, indicator IE.PPI.ENGY.CD, licensed CC BY 4.0. Original source: Private Participation in Infrastructure Project Database, World Bank (WB), uri: https://ppi.worldbank.org/en/ppidata Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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