Private current transfers, receipts in Nigeria
Nigeria: Private current transfers, receipts was 20.45 billion BoP, current US$ in 2011. ▲ Rising
Private current transfers, receipts in Nigeria, 2005–2011
Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files. Measured in BoP, current US$.
Analysis
The most recent figure for private current transfers, receipts in Nigeria is 20.45 billion BoP, current US$, measured in 2011. That is the highest value across all 7 years on record.
That represents a change of up 4.0% on the previous year and up 34.8% over ten years.
Nigeria ranks 1st of 39 countries on this measure, in the top 10%.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 17.45 billion BoP, current US$ | 15.16 billion BoP, current US$ | 19.08 billion BoP, current US$ | 5 |
| 2010s | 20.05 billion BoP, current US$ | 19.66 billion BoP, current US$ | 20.45 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 private current transfers, receipts in Nigeria?
- Private current transfers, receipts in Nigeria was 20.45 billion BoP, current US$ in 2011, according to International Monetary Fund, Balance of Payments Statistics Yearbook and data files.
- What is the highest private current transfers, receipts recorded in Nigeria?
- The highest recorded value was 20.45 billion BoP, current US$ in 2011.
- What is the lowest private current transfers, receipts recorded in Nigeria?
- The lowest recorded value was 15.16 billion BoP, current US$ in 2005.
- How does Nigeria rank for private current transfers, receipts?
- Nigeria ranks 1st out of 39 countries with data for 2011.
- Is private current transfers, receipts rising or falling in Nigeria?
- Over the last ten years it is up 34.8%. 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 Private current transfers, receipts (BoP, current US$). Statizoid updates them automatically from the source API.
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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.