Personal remittances, received in Nigeria
Nigeria: Personal remittances, received was 22.79 billion current US$ in 2025. ◆ Volatile
Personal remittances, received in Nigeria, 1977–2025
Source: IMF balance of payments data, International Monetary Fund (IMF). Measured in current US$.
Analysis
Nigeria recorded 22.79 billion current US$ for personal remittances, received in 2025.
Compared with earlier readings it is up 3.0% on the previous year and up 10.5% over ten years.
Over the whole period, personal remittances, received in Nigeria peaked at 24.31 billion current US$ in 2018 and was at its lowest, 2.42 million current US$, in 1988.
Nigeria ranks 10th of 195 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 10.53 million current US$ | 3.15 million current US$ | 20.16 million current US$ | 3 |
| 1980s | 11.09 million current US$ | 2.42 million current US$ | 21.95 million current US$ | 10 |
| 1990s | 435.70 million current US$ | 10.01 million current US$ | 1.30 billion current US$ | 10 |
| 2000s | 9.43 billion current US$ | 1.06 billion current US$ | 19.20 billion current US$ | 10 |
| 2010s | 21.32 billion current US$ | 19.70 billion current US$ | 24.31 billion current US$ | 10 |
| 2020s | 20.21 billion current US$ | 17.21 billion current US$ | 22.79 billion current US$ | 6 |
Countries ranked near Nigeria
More economy & growth data for Nigeria
- Inflation of consumer prices 23.0% (2025)
- GDP per capita 2,369 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 8.3% (2025)
- Gross domestic product (GDP) 562.59 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 2,369 constant 2015 US$ (2025)
- DEC alternative conversion factor 1,518 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 35.23 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 23.20 billion current US$ (2025)
- Taxes less subsidies on products 10.36 trillion current LCU (2025)
- Taxes less subsidies on products 6.82 billion current US$ (2025)
Frequently asked questions
- What is personal remittances, received in Nigeria?
- Personal remittances, received in Nigeria was 22.79 billion current US$ in 2025, according to IMF balance of payments data, International Monetary Fund (IMF).
- What is the highest personal remittances, received recorded in Nigeria?
- The highest recorded value was 24.31 billion current US$ in 2018.
- What is the lowest personal remittances, received recorded in Nigeria?
- The lowest recorded value was 2.42 million current US$ in 1988.
- How does Nigeria rank for personal remittances, received?
- Nigeria ranks 10th out of 195 countries with data for 2025.
- Is personal remittances, received rising or falling in Nigeria?
- Over the last ten years it is up 10.5%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from IMF balance of payments data, International Monetary Fund (IMF), published as part of Personal remittances, received (current US$). Statizoid updates them automatically from the source API.
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About this data
Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.