Nigeria vs Sub-Saharan Africa: Private current transfers, net
Private current transfers, net over time
- Nigeria
- Sub-Saharan Africa
How they compare
Sub-Saharan Africa currently reports 31.72 billion BoP, current US$ against 20.09 billion BoP, current US$ in Nigeria, a difference of 11.62 billion BoP, current US$.
That makes Sub-Saharan Africa's figure about 1.6 times Nigeria's.
Across all 6 years both countries report, Sub-Saharan Africa has been ahead every year.
Nigeria ranks 1st and Sub-Saharan Africa ranks 2nd of 37 countries.
Sub-Saharan Africa has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Nigeria | Sub-Saharan Africa | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 17.25 billion BoP, current US$ | 27.07 billion BoP, current US$ | 9.82 billion BoP, current US$ | Sub-Saharan Africa |
| 2010s | 19.35 billion BoP, current US$ | 31.72 billion BoP, current US$ | 12.37 billion BoP, current US$ | Sub-Saharan Africa |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher private current transfers, net, Nigeria or Sub-Saharan Africa?
- Sub-Saharan Africa, at 31.72 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 Nigeria and Sub-Saharan Africa?
- 11.62 billion BoP, current US$, with Sub-Saharan Africa ahead.
- How many years of comparable data are there for Nigeria and Sub-Saharan Africa?
- 6 years are reported by both, from 2005 to 2010.
- How do Nigeria and Sub-Saharan Africa rank globally for private current transfers, net?
- Nigeria ranks 1st and Sub-Saharan Africa ranks 2nd of 37 countries.
- Where does this data come from?
- International Monetary Fund, Balance of Payments Statistics Yearbook and data files, published as Private current transfers, net (BoP, current US$). 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.