Statizoid

Libya vs Nigeria: Official current transfers, net

Libya
4.18 billion BoP, current US$
in 2011
Nigeria
1.72 billion BoP, current US$
in 2011
Libya rank
1st
Nigeria rank
2nd

Official current transfers, net over time

  • Libya
  • Nigeria
01.0B2.0B3.0B4.0B200520082011

How they compare

Libya currently reports 4.18 billion BoP, current US$ against 1.72 billion BoP, current US$ in Nigeria, a difference of 2.46 billion BoP, current US$.

That makes Libya's figure about 2.4 times Nigeria's.

The two have swapped places 3 times across 5 shared years of data; in 2005 it was Nigeria ahead.

Libya ranks 1st and Nigeria ranks 2nd of 33 countries.

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.