Official current transfers, net in Nigeria
Nigeria: Official current transfers, net was 1.72 billion BoP, current US$ in 2011. ▲ Rising
Official current transfers, net in Nigeria, 2005–2011
Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files. Measured in BoP, current US$.
Analysis
Nigeria recorded 1.72 billion BoP, current US$ for official current transfers, net in 2011.
Compared with earlier readings it is up 19.5% on the previous year and up 2,789.6% over ten years.
Nigeria ranks 2nd of 33 countries on this measure, in the top 10%.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.00 billion BoP, current US$ | 59.39 million BoP, current US$ | 1.73 billion BoP, current US$ | 5 |
| 2010s | 1.58 billion BoP, current US$ | 1.44 billion BoP, current US$ | 1.72 billion BoP, current US$ | 2 |
Countries ranked near Nigeria
More trade data for Nigeria
- Net long-term borrowing 0 BoP, current US$ (2011)
- Pesticides imports 128.67 million FAO, current US$ (2010)
- Lead time to export, median case 3 days (2018)
- Food imports excluding fish 5.14 billion FAO, current US$ (2010)
- Total agricultural imports 5.64 billion FAO, current US$ (2010)
- Cereal imports 1.88 billion FAO, current US$ (2010)
- Cereal imports quantity 5.87 million FAO, tonnes (2010)
- Total agricultural exports 1.16 billion FAO, current US$ (2010)
- Cereal exports 100,000 FAO, current US$ (2010)
- Cereal exports quantity 259 FAO, tonnes (2010)
Frequently asked questions
- What is official current transfers, net in Nigeria?
- Official current transfers, net in Nigeria was 1.72 billion BoP, current US$ in 2011, according to International Monetary Fund, Balance of Payments Statistics Yearbook and data files.
- What is the highest official current transfers, net recorded in Nigeria?
- The highest recorded value was 1.73 billion BoP, current US$ in 2008.
- What is the lowest official current transfers, net recorded in Nigeria?
- The lowest recorded value was 59.39 million BoP, current US$ in 2005.
- How does Nigeria rank for official current transfers, net?
- Nigeria ranks 2nd out of 33 countries with data for 2011.
- Is official current transfers, net rising or falling in Nigeria?
- Over the last ten years it is up 2,789.6%. The long-run trend across the full record is rising.
- Where does this Nigeria data come from?
- The figures come from International Monetary Fund, Balance of Payments Statistics Yearbook and data files, published as part of Official current transfers, net (BoP, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 7 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.