Ethiopia vs Nigeria: Private current transfers, net

Ethiopia
3.45 billion BoP, current US$
in 2011
Nigeria
20.09 billion BoP, current US$
in 2011
Ethiopia rank
4th
Nigeria rank
1st

Private current transfers, net over time

  • Ethiopia
  • Nigeria
05.0B10.0B15.0B20.0B200520082011

How they compare

Nigeria currently reports 20.09 billion BoP, current US$ against 3.45 billion BoP, current US$ in Ethiopia, a difference of 16.65 billion BoP, current US$.

That makes Nigeria's figure about 5.8 times Ethiopia's.

Across all 7 years both countries report, Nigeria has been ahead every year.

Ethiopia ranks 4th 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 Ethiopia Nigeria Difference Ahead
2000s 1.81 billion BoP, current US$ 17.25 billion BoP, current US$ 15.43 billion BoP, current US$ Nigeria
2010s 3.13 billion BoP, current US$ 19.72 billion BoP, current US$ 16.59 billion BoP, current US$ Nigeria

Averages of every year both report within each decade.

Frequently asked questions

Which has higher private current transfers, net, Ethiopia or Nigeria?
Nigeria, at 20.09 billion BoP, current US$ against 3.45 billion BoP, current US$ in Ethiopia as of 2011.
What is the difference in private current transfers, net between Ethiopia and Nigeria?
16.65 billion BoP, current US$, with Nigeria ahead.
How many years of comparable data are there for Ethiopia and Nigeria?
7 years are reported by both, from 2005 to 2011.
How do Ethiopia and Nigeria rank globally for private current transfers, net?
Ethiopia ranks 4th and Nigeria ranks 1st of 37 countries.
Where does this data come from?
International Monetary Fund, Balance of Payments Statistics Yearbook and data files, published as Private current transfers, net (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

About this data

Indicator
Private 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
43 places, 285 data points, 2005–2011
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.