Egypt vs Nigeria: Private current transfers, net
Egypt
14.11 billion BoP, current US$
in 2011
Nigeria
20.09 billion BoP, current US$
in 2011
Egypt rank
2nd
Nigeria rank
1st
Private current transfers, net over time
- Egypt
- Nigeria
How they compare
Nigeria currently reports 20.09 billion BoP, current US$ against 14.11 billion BoP, current US$ in Egypt, a difference of 5.98 billion BoP, current US$.
That makes Nigeria's figure about 1.4 times Egypt's.
Across all 7 years both countries report, Nigeria has been ahead every year.
Egypt ranks 2nd and Nigeria ranks 1st of 37 countries.
Nigeria has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Egypt | Nigeria | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 6.65 billion BoP, current US$ | 17.25 billion BoP, current US$ | 10.59 billion BoP, current US$ | Nigeria |
| 2010s | 13.17 billion BoP, current US$ | 19.72 billion BoP, current US$ | 6.55 billion BoP, current US$ | Nigeria |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher private current transfers, net, Egypt or Nigeria?
- Nigeria, at 20.09 billion BoP, current US$ against 14.11 billion BoP, current US$ in Egypt as of 2011.
- What is the difference in private current transfers, net between Egypt and Nigeria?
- 5.98 billion BoP, current US$, with Nigeria ahead.
- How many years of comparable data are there for Egypt and Nigeria?
- 7 years are reported by both, from 2005 to 2011.
- How do Egypt and Nigeria rank globally for private current transfers, net?
- Egypt ranks 2nd and Nigeria ranks 1st of 37 countries.
- Where does this data come from?
- International Monetary Fund, Balance of Payments Statistics Yearbook and data files, published as Private current transfers, net (BoP, current US$). 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.