Nigeria vs North Africa: Official current transfers, payments
Nigeria
116.89 million BoP, current US$
in 2011
North Africa
231.67 million BoP, current US$
in 2011
Nigeria rank
3rd
North Africa rank
1st
Official current transfers, payments over time
- Nigeria
- North Africa
How they compare
North Africa currently reports 231.67 million BoP, current US$ against 116.89 million BoP, current US$ in Nigeria, a difference of 114.78 million BoP, current US$.
That makes North Africa's figure about 2.0 times Nigeria's.
Across all 7 years both countries report, North Africa has been ahead every year.
Nigeria ranks 3rd and North Africa ranks 1st of 34 countries.
North Africa has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Nigeria | North Africa | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 85.46 million BoP, current US$ | 349.73 million BoP, current US$ | 264.27 million BoP, current US$ | North Africa |
| 2010s | 142.83 million BoP, current US$ | 334.99 million BoP, current US$ | 192.16 million BoP, current US$ | North Africa |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher official current transfers, payments, Nigeria or North Africa?
- North Africa, at 231.67 million BoP, current US$ against 116.89 million BoP, current US$ in Nigeria as of 2011.
- What is the difference in official current transfers, payments between Nigeria and North Africa?
- 114.78 million BoP, current US$, with North Africa ahead.
- How many years of comparable data are there for Nigeria and North Africa?
- 7 years are reported by both, from 2005 to 2011.
- How do Nigeria and North Africa rank globally for official current transfers, payments?
- Nigeria ranks 3rd and North Africa ranks 1st of 34 countries.
- Where does this data come from?
- International Monetary Fund, Balance of Payments Statistics Yearbook and data files, published as Official current transfers, payments (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
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.