Net secondary income (Net current transfers from abroad) in Nigeria
Nigeria: Net secondary income (Net current transfers from abroad) was 35.23 trillion current LCU in 2025. ◆ Volatile
Net secondary income (Net current transfers from abroad) in Nigeria, 2008–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
Nigeria recorded 35.23 trillion current LCU for net secondary income (net current transfers from abroad) in 2025.
Compared with earlier readings it is down 4.2% on the previous year and up 804.8% over ten years.
Over the whole period, net secondary income (net current transfers from abroad) in Nigeria peaked at 36.76 trillion current LCU in 2024 and was at its lowest, 2.42 trillion current LCU, in 2008.
Nigeria ranks 7th of 202 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Net secondary income (Net current transfers from abroad) in Nigeria, year by year
| Year | current LCU | Change |
|---|---|---|
| 2008 | 2.42 trillion current LCU | — |
| 2009 | 2.88 trillion current LCU | +19.4% |
| 2010 | 3.12 trillion current LCU | +8.1% |
| 2011 | 3.35 trillion current LCU | +7.4% |
| 2012 | 3.43 trillion current LCU | +2.4% |
| 2013 | 3.46 trillion current LCU | +0.9% |
| 2014 | 3.44 trillion current LCU | -0.5% |
| 2015 | 3.89 trillion current LCU | +13.1% |
| 2016 | 5.04 trillion current LCU | +29.5% |
| 2017 | 6.73 trillion current LCU | +33.4% |
| 2018 | 7.39 trillion current LCU | +9.8% |
| 2019 | 8.09 trillion current LCU | +9.6% |
| 2020 | 7.50 trillion current LCU | -7.3% |
| 2021 | 8.77 trillion current LCU | +16.9% |
| 2022 | 9.26 trillion current LCU | +5.6% |
| 2023 | 14.25 trillion current LCU | +53.9% |
| 2024 | 36.76 trillion current LCU | +157.9% |
| 2025 | 35.23 trillion current LCU | -4.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.65 trillion current LCU | 2.42 trillion current LCU | 2.88 trillion current LCU | 2 |
| 2010s | 4.79 trillion current LCU | 3.12 trillion current LCU | 8.09 trillion current LCU | 10 |
| 2020s | 18.63 trillion current LCU | 7.50 trillion current LCU | 36.76 trillion current LCU | 6 |
Countries ranked near Nigeria
More economy & growth data for Nigeria
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.04 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.32 Percent per annum (2029)
- GDP (current US$), annual growth rate 15.27 % change on previous year (2025)
- GDP (current US$), per capita 1,224 current US$ per person (2025)
- GDP (current LCU), annual growth rate 18.43 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 1,518 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 1.86 million current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 4.01 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 1.93 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 2,369 constant 2015 US$ per person (2025)
Frequently asked questions
- What is net secondary income (net current transfers from abroad) in Nigeria?
- Net secondary income (net current transfers from abroad) in Nigeria was 35.23 trillion current LCU in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest net secondary income (net current transfers from abroad) recorded in Nigeria?
- The highest recorded value was 36.76 trillion current LCU in 2024.
- What is the lowest net secondary income (net current transfers from abroad) recorded in Nigeria?
- The lowest recorded value was 2.42 trillion current LCU in 2008.
- How does Nigeria rank for net secondary income (net current transfers from abroad)?
- Nigeria ranks 7th out of 202 countries with data for 2025.
- Is net secondary income (net current transfers from abroad) rising or falling in Nigeria?
- Over the last ten years it is up 804.8%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Net secondary income (Net current transfers from abroad) (current LCU). Statizoid updates them automatically from the source API.
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About this data
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 series is expressed in local currency units.