Nigeria - Net current transfers from abroad (current LCU)

The value for Net current transfers from abroad (current LCU) in Nigeria was 7,374,980,000,000 as of 2018. As the graph below shows, over the past 37 years this indicator reached a maximum value of 7,374,980,000,000 in 2018 and a minimum value of -1,744,600,000 in 1986.

Definition: Current transfers comprise transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net current transfers from abroad is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1981 -346,500,000
1982 -289,400,000
1983 -285,800,000
1984 -816,200,000
1985 -828,700,000
1986 -1,744,600,000
1987 -1,386,400,000
1988 -1,366,200,000
1989 1,140,800,000
1990 3,614,600,000
1991 7,291,900,000
1992 12,679,800,000
1993 17,794,000,000
1994 10,952,400,000
1995 86,695,170,000
1996 36,564,000,000
1997 133,565,000,000
1998 116,384,000,000
1999 113,656,000,000
2000 159,412,000,000
2001 152,005,000,000
2002 164,910,000,000
2003 169,279,000,000
2004 359,254,000,000
2005 447,460,000,000
2006 1,336,100,000,000
2007 2,247,710,000,000
2008 2,221,730,000,000
2009 2,676,710,000,000
2010 3,124,200,000,000
2011 3,355,980,000,000
2012 3,434,940,000,000
2013 3,467,060,000,000
2014 3,443,730,000,000
2015 3,973,320,000,000
2016 5,027,190,000,000
2017 6,715,100,000,000
2018 7,374,980,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts