Africa vs Nigeria: Private current transfers, net (BoP, current US$)
Africa
53.64 billion BoP, current US$
in 2010
Nigeria
20.09 billion BoP, current US$
in 2011
Africa rank
1st
Nigeria rank
1st
Private current transfers, net (BoP, current US$) over time
- Africa
- Nigeria
How they compare
Africa currently reports 53.64 billion BoP, current US$ against 20.09 billion BoP, current US$ in Nigeria, a difference of 33.55 billion BoP, current US$.
That makes Africa's figure about 2.7 times Nigeria's.
Across all 6 years both countries report, Africa has been ahead every year.
Africa ranks 1st and Nigeria ranks 1st of 6 groups.
Africa has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Africa | Nigeria | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 43.34 billion BoP, current US$ | 17.25 billion BoP, current US$ | 26.09 billion BoP, current US$ | Africa |
| 2010s | 53.64 billion BoP, current US$ | 19.35 billion BoP, current US$ | 34.29 billion BoP, current US$ | Africa |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher private current transfers, net, Africa or Nigeria?
- Africa, at 53.64 billion BoP, current US$ against 20.09 billion BoP, current US$ in Nigeria as of 2010.
- What is the difference in private current transfers, net between Africa and Nigeria?
- 33.55 billion BoP, current US$, with Africa ahead.
- How many years of comparable data are there for Africa and Nigeria?
- 6 years are reported by both, from 2005 to 2010.
- How do Africa and Nigeria rank globally for private current transfers, net?
- Africa ranks 1st and Nigeria ranks 1st of 6 groups.
- Where does this data come from?
- International Monetary Fund, Balance of Payments Statistics Yearbook and data files, published as Private current transfers, net (BoP, current US$). 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.