Egypt vs Nigeria: Official current transfers, net

Egypt
1.11 billion BoP, current US$
in 2011
Nigeria
1.72 billion BoP, current US$
in 2011
Egypt rank
5th
Nigeria rank
2nd

Official current transfers, net over time

  • Egypt
  • Nigeria
0500.0M1.0B1.5B200520082011

How they compare

Nigeria currently reports 1.72 billion BoP, current US$ against 1.11 billion BoP, current US$ in Egypt, a difference of 607.85 million BoP, current US$.

That makes Nigeria's figure about 1.5 times Egypt's.

The two have swapped places 1 time across 7 shared years of data; in 2005 it was Egypt ahead.

Egypt ranks 5th and Nigeria ranks 2nd of 33 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 857.84 million BoP, current US$ 1.00 billion BoP, current US$ 145.23 million BoP, current US$ Nigeria
2010s 663.70 million BoP, current US$ 1.58 billion BoP, current US$ 912.53 million BoP, current US$ Nigeria

Averages of every year both report within each decade.

Frequently asked questions

Which has higher official current transfers, net, Egypt or Nigeria?
Nigeria, at 1.72 billion BoP, current US$ against 1.11 billion BoP, current US$ in Egypt as of 2011.
What is the difference in official current transfers, net between Egypt and Nigeria?
607.85 million BoP, current US$, with Nigeria ahead.
How many years of comparable data are there for Egypt and Nigeria?
7 years are reported by both, from 2005 to 2011.
How do Egypt and Nigeria rank globally for official current transfers, net?
Egypt ranks 5th and Nigeria ranks 2nd of 33 countries.
Where does this data come from?
International Monetary Fund, Balance of Payments Statistics Yearbook and data files, published as Official current transfers, net (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

About this data

Indicator
Official current transfers, net (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
37 places, 287 data points, 1977–2011
Last refreshed

Current transfers are recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. Data are in current U.S. dollars.