Nigeria vs Philippines: Net secondary income

Nigeria
23.20 billion BoP, current US$
in 2025
Philippines
32.68 billion BoP, current US$
in 2025
Nigeria rank
7th
Philippines rank
6th

Net secondary income over time

  • Nigeria
  • Philippines
010.0B20.0B30.0B197720012025

How they compare

Philippines currently reports 32.68 billion BoP, current US$ against 23.20 billion BoP, current US$ in Nigeria, a difference of 9.48 billion BoP, current US$.

That makes Philippines's figure about 1.4 times Nigeria's.

The two have swapped places 6 times across 49 shared years of data; in 1977 it was Philippines ahead.

Nigeria ranks 7th and Philippines ranks 6th of 199 countries.

Philippines has averaged higher in every one of the 6 decades both report.

Head to head by decade

Decade Nigeria Philippines Difference Ahead
1970s -279.87 million BoP, current US$ 310.33 million BoP, current US$ 590.21 million BoP, current US$ Philippines
1980s -259.93 million BoP, current US$ 529.30 million BoP, current US$ 789.23 million BoP, current US$ Philippines
1990s 575.99 million BoP, current US$ 1.28 billion BoP, current US$ 700.01 million BoP, current US$ Philippines
2000s 9.90 billion BoP, current US$ 10.93 billion BoP, current US$ 1.04 billion BoP, current US$ Philippines
2010s 22.06 billion BoP, current US$ 22.84 billion BoP, current US$ 781.67 million BoP, current US$ Philippines
2020s 22.50 billion BoP, current US$ 30.50 billion BoP, current US$ 7.99 billion BoP, current US$ Philippines

Averages of every year both report within each decade.

Frequently asked questions

Which has higher net secondary income, Nigeria or Philippines?
Philippines, at 32.68 billion BoP, current US$ against 23.20 billion BoP, current US$ in Nigeria as of 2025.
What is the difference in net secondary income between Nigeria and Philippines?
9.48 billion BoP, current US$, with Philippines ahead.
How many years of comparable data are there for Nigeria and Philippines?
49 years are reported by both, from 1977 to 2025.
How do Nigeria and Philippines rank globally for net secondary income?
Nigeria ranks 7th and Philippines ranks 6th of 199 countries.
Where does this data come from?
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net secondary income (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Nigeria vs Philippines: Net secondary income. Statizoid, drawing on Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 23 August 2026, from https://economy.statizoid.com/compare/net-secondary-income-bop-current-us/nigeria/philippines/

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About this data

Indicator
Net secondary income (BoP, current US$)
Unit
BoP, current US$
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
200 places, 7,778 data points, 1960–2025
Last refreshed

Net secondary income (from abroad) comprises transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net secondary income is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.