Namibia vs Nigeria: Official current transfers, net
Namibia
1.31 billion BoP, current US$
in 2011
Nigeria
1.72 billion BoP, current US$
in 2011
Namibia rank
4th
Nigeria rank
2nd
Official current transfers, net over time
- Namibia
- Nigeria
How they compare
Nigeria currently reports 1.72 billion BoP, current US$ against 1.31 billion BoP, current US$ in Namibia, a difference of 410.39 million BoP, current US$.
That makes Nigeria's figure about 1.3 times Namibia's.
The two have swapped places 3 times across 7 shared years of data; in 2005 it was Namibia ahead.
Namibia ranks 4th and Nigeria ranks 2nd of 33 countries.
Nigeria has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Namibia | Nigeria | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 984.62 million BoP, current US$ | 1.00 billion BoP, current US$ | 18.45 million BoP, current US$ | Nigeria |
| 2010s | 1.26 billion BoP, current US$ | 1.58 billion BoP, current US$ | 315.19 million BoP, current US$ | Nigeria |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher official current transfers, net, Namibia or Nigeria?
- Nigeria, at 1.72 billion BoP, current US$ against 1.31 billion BoP, current US$ in Namibia as of 2011.
- What is the difference in official current transfers, net between Namibia and Nigeria?
- 410.39 million BoP, current US$, with Nigeria ahead.
- How many years of comparable data are there for Namibia and Nigeria?
- 7 years are reported by both, from 2005 to 2011.
- How do Namibia and Nigeria rank globally for official current transfers, net?
- Namibia ranks 4th and Nigeria ranks 2nd of 33 countries.
- Where does this data come from?
- International Monetary Fund, Balance of Payments Statistics Yearbook and data files, published as Official current transfers, net (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
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.