Nigeria - Net current transfers

Net secondary income (BoP, current US$)

The latest value for Net secondary income (BoP, current US$) in Nigeria was $21,022,320,000 as of 2020. Over the past 43 years, the value for this indicator has fluctuated between $26,369,300,000 in 2019 and ($576,099,100) in 1980.

Definition: Secondary income refers to transfers 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.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.

See also:

Year Value
1977 ($183,030,600)
1978 ($269,176,000)
1979 ($387,412,500)
1980 ($576,099,100)
1981 ($561,753,900)
1982 ($429,126,400)
1983 ($394,804,100)
1984 ($331,364,500)
1985 ($259,573,400)
1986 ($137,359,300)
1987 ($23,904,160)
1988 ($11,902,230)
1989 $126,549,000
1990 $84,733,180
1991 $744,163,600
1992 $752,724,900
1993 $812,298,400
1994 $497,908,700
1995 $248,579,200
1996 $296,040,000
1997 $584,573,600
1998 $447,218,700
1999 $1,291,655,000
2000 $1,626,950,000
2001 $1,366,571,000
2002 $1,413,273,000
2003 $1,051,259,000
2004 $2,251,879,000
2005 $15,152,480,000
2006 $17,797,690,000
2007 $18,548,160,000
2008 $20,392,030,000
2009 $19,364,460,000
2010 $20,705,050,000
2011 $21,806,610,000
2012 $21,810,110,000
2013 $21,804,480,000
2014 $21,929,020,000
2015 $20,168,790,000
2016 $19,889,170,000
2017 $21,995,570,000
2018 $24,134,100,000
2019 $26,369,300,000
2020 $21,022,320,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments