Nigeria - Net current transfers from abroad (constant LCU)

The value for Net current transfers from abroad (constant LCU) in Nigeria was 2,841,510,000,000 as of 2012. As the graph below shows, over the past 31 years this indicator reached a maximum value of 5,422,750,000,000 in 2009 and a minimum value of -314,560,000,000 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 constant local currency.

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

Year Value
1981 -149,962,000,000
1982 -107,824,000,000
1983 -84,309,820,000
1984 -195,777,000,000
1985 -190,231,000,000
1986 -314,560,000,000
1987 -143,853,000,000
1988 -112,297,000,000
1989 76,110,730,000
1990 213,173,000,000
1991 380,596,000,000
1992 402,703,000,000
1993 421,644,000,000
1994 179,365,000,000
1995 712,830,000,000
1996 242,642,000,000
1997 838,091,000,000
1998 658,535,000,000
1999 628,415,000,000
2000 833,223,000,000
2001 735,830,000,000
2002 560,623,000,000
2003 526,459,000,000
2004 1,076,090,000,000
2005 1,152,880,000,000
2006 2,878,360,000,000
2007 4,976,070,000,000
2008 4,437,270,000,000
2009 5,422,750,000,000
2010 2,516,040,000,000
2011 2,930,840,000,000
2012 2,841,510,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts