Ethiopia vs Nigeria: Official current transfers, net

Ethiopia
1.68 billion BoP, current US$
in 2011
Nigeria
1.72 billion BoP, current US$
in 2011
Ethiopia rank
3rd
Nigeria rank
2nd

Official current transfers, net over time

  • Ethiopia
  • Nigeria
0500.0M1.0B1.5B2.0B200520082011

How they compare

Nigeria currently reports 1.72 billion BoP, current US$ against 1.68 billion BoP, current US$ in Ethiopia, a difference of 33.52 million BoP, current US$.

The two have swapped places 5 times across 7 shared years of data; in 2005 it was Ethiopia ahead.

Ethiopia ranks 3rd and Nigeria ranks 2nd of 33 countries.

Across the 2 decades both report, Ethiopia averaged higher in 1 and Nigeria in 1.

Head to head by decade

Decade Ethiopia Nigeria Difference Ahead
2000s 949.27 million BoP, current US$ 1.00 billion BoP, current US$ 53.80 million BoP, current US$ Nigeria
2010s 1.89 billion BoP, current US$ 1.58 billion BoP, current US$ 313.06 million BoP, current US$ Ethiopia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher official current transfers, net, Ethiopia or Nigeria?
Nigeria, at 1.72 billion BoP, current US$ against 1.68 billion BoP, current US$ in Ethiopia as of 2011.
What is the difference in official current transfers, net between Ethiopia and Nigeria?
33.52 million BoP, current US$, with Nigeria ahead.
How many years of comparable data are there for Ethiopia and Nigeria?
7 years are reported by both, from 2005 to 2011.
How do Ethiopia and Nigeria rank globally for official current transfers, net?
Ethiopia ranks 3rd and Nigeria ranks 2nd of 33 countries.
Where does this data come from?
International Monetary Fund, Balance of Payments Statistics Yearbook and data files, published as Official current transfers, net (BoP, current US$). 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.