Egypt vs Nigeria: Current transfers, payments

Egypt
344.50 million BoP, current US$
in 2011
Nigeria
471.93 million BoP, current US$
in 2011
Egypt rank
9th
Nigeria rank
7th

Current transfers, payments over time

  • Egypt
  • Nigeria
100.0M200.0M300.0M400.0M500.0M200520082011

How they compare

Nigeria currently reports 471.93 million BoP, current US$ against 344.50 million BoP, current US$ in Egypt, a difference of 127.43 million BoP, current US$.

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

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

Egypt ranks 9th and Nigeria ranks 7th of 39 countries.

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

Head to head by decade

Decade Egypt Nigeria Difference Ahead
2000s 228.94 million BoP, current US$ 290.59 million BoP, current US$ 61.65 million BoP, current US$ Nigeria
2010s 370.75 million BoP, current US$ 475.85 million BoP, current US$ 105.10 million BoP, current US$ Nigeria

Averages of every year both report within each decade.

Frequently asked questions

Which has higher current transfers, payments, Egypt or Nigeria?
Nigeria, at 471.93 million BoP, current US$ against 344.50 million BoP, current US$ in Egypt as of 2011.
What is the difference in current transfers, payments between Egypt and Nigeria?
127.43 million BoP, current US$, with Nigeria ahead.
How many years of comparable data are there for Egypt and Nigeria?
7 years are reported by both, from 2005 to 2011.
How do Egypt and Nigeria rank globally for current transfers, payments?
Egypt ranks 9th and Nigeria ranks 7th of 39 countries.
Where does this data come from?
International Monetary Fund, Balance of Payments Statistics Yearbook and data files, published as Current transfers, payments (BoP, current US$). 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.