Algeria vs Nigeria: Current transfers, payments

Algeria
664.93 million BoP, current US$
in 2011
Nigeria
471.93 million BoP, current US$
in 2011
Algeria rank
6th
Nigeria rank
7th

Current transfers, payments over time

  • Algeria
  • Nigeria
200.0M400.0M600.0M200520082011

How they compare

Algeria currently reports 664.93 million BoP, current US$ against 471.93 million BoP, current US$ in Nigeria, a difference of 193.00 million BoP, current US$.

That makes Algeria's figure about 1.4 times Nigeria's.

The two have swapped places 2 times across 7 shared years of data; in 2005 it was Algeria ahead.

Algeria ranks 6th and Nigeria ranks 7th of 39 countries.

Algeria has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Algeria Nigeria Difference Ahead
2000s 331.60 million BoP, current US$ 290.59 million BoP, current US$ 41.01 million BoP, current US$ Algeria
2010s 494.96 million BoP, current US$ 475.85 million BoP, current US$ 19.12 million BoP, current US$ Algeria

Averages of every year both report within each decade.

Frequently asked questions

Which has higher current transfers, payments, Algeria or Nigeria?
Algeria, at 664.93 million BoP, current US$ against 471.93 million BoP, current US$ in Nigeria as of 2011.
What is the difference in current transfers, payments between Algeria and Nigeria?
193.00 million BoP, current US$, with Algeria ahead.
How many years of comparable data are there for Algeria and Nigeria?
7 years are reported by both, from 2005 to 2011.
How do Algeria and Nigeria rank globally for current transfers, payments?
Algeria ranks 6th and Nigeria ranks 7th of 39 countries.
Where does this data come from?
International Monetary Fund, Balance of Payments Statistics Yearbook and data files, published as Current transfers, payments (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

About this data

Indicator
Current transfers, payments (BoP, current US$)
Unit
BoP, current US$
Source
International Monetary Fund, Balance of Payments Statistics Yearbook and data files
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
45 places, 387 data points, 1977–2011
Last refreshed

Current transfers comprise transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Data are in current U.S. dollars.