Personal transfers, receipts in Nigeria
Nigeria: Personal transfers, receipts was 21.81 billion BoP, current US$ in 2025. ◆ Volatile
Latest (2025)
21.81 billion BoP, current US$
Change on year
down 0.0%
World rank
7th
of 177 countries
All-time high
24.06 billion BoP, current US$
in 2018
All-time low
2.42 million BoP, current US$
in 1988
Years of data
49
1977–2025
Personal transfers, receipts in Nigeria, 1977–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for personal transfers, receipts in Nigeria is 21.81 billion BoP, current US$, measured in 2025.
Compared with earlier readings it is up 6.8% over ten years.
Over the whole period, personal transfers, receipts in Nigeria peaked at 24.06 billion BoP, current US$ in 2018 and was at its lowest, 2.42 million BoP, current US$, in 1988.
Nigeria ranks 7th of 177 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Personal transfers, receipts in Nigeria, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1977 | 20.16 million BoP, current US$ | — |
| 1978 | 3.15 million BoP, current US$ | -84.4% |
| 1979 | 8.28 million BoP, current US$ | +162.9% |
| 1980 | 12.80 million BoP, current US$ | +54.7% |
| 1981 | 12.95 million BoP, current US$ | +1.2% |
| 1982 | 11.88 million BoP, current US$ | -8.3% |
| 1983 | 8.28 million BoP, current US$ | -30.3% |
| 1984 | 6.52 million BoP, current US$ | -21.2% |
| 1985 | 10.07 million BoP, current US$ | +54.4% |
| 1986 | 3.99 million BoP, current US$ | -60.4% |
| 1987 | 2.74 million BoP, current US$ | -31.3% |
| 1988 | 2.42 million BoP, current US$ | -11.5% |
| 1989 | 10.18 million BoP, current US$ | +320.0% |
| 1990 | 10.01 million BoP, current US$ | -1.7% |
| 1991 | 65.54 million BoP, current US$ | +554.9% |
| 1992 | 56.45 million BoP, current US$ | -13.9% |
| 1993 | 793.15 million BoP, current US$ | +1305.1% |
| 1994 | 549.87 million BoP, current US$ | -30.7% |
| 1995 | 250.04 million BoP, current US$ | -54.5% |
| 1996 | 296.59 million BoP, current US$ | +18.6% |
| 1997 | 585.74 million BoP, current US$ | +97.5% |
| 1998 | 448.55 million BoP, current US$ | -23.4% |
| 1999 | 1.30 billion BoP, current US$ | +190.1% |
| 2000 | 1.39 billion BoP, current US$ | +7.0% |
| 2001 | 1.17 billion BoP, current US$ | -16.2% |
| 2002 | 1.21 billion BoP, current US$ | +3.6% |
| 2003 | 1.06 billion BoP, current US$ | -12.1% |
| 2004 | 2.27 billion BoP, current US$ | +113.8% |
| 2005 | 14.48 billion BoP, current US$ | +537.3% |
| 2006 | 16.74 billion BoP, current US$ | +15.6% |
| 2007 | 17.80 billion BoP, current US$ | +6.3% |
| 2008 | 19.07 billion BoP, current US$ | +7.2% |
| 2009 | 18.23 billion BoP, current US$ | -4.4% |
| 2010 | 19.58 billion BoP, current US$ | +7.4% |
| 2011 | 20.44 billion BoP, current US$ | +4.4% |
| 2012 | 20.36 billion BoP, current US$ | -0.4% |
| 2013 | 20.61 billion BoP, current US$ | +1.2% |
| 2014 | 20.80 billion BoP, current US$ | +0.9% |
| 2015 | 20.41 billion BoP, current US$ | -1.9% |
| 2016 | 19.51 billion BoP, current US$ | -4.4% |
| 2017 | 21.80 billion BoP, current US$ | +11.8% |
| 2018 | 24.06 billion BoP, current US$ | +10.4% |
| 2019 | 23.55 billion BoP, current US$ | -2.1% |
| 2020 | 17.00 billion BoP, current US$ | -27.8% |
| 2021 | 19.24 billion BoP, current US$ | +13.2% |
| 2022 | 19.86 billion BoP, current US$ | +3.2% |
| 2023 | 19.27 billion BoP, current US$ | -3.0% |
| 2024 | 21.81 billion BoP, current US$ | +13.2% |
| 2025 | 21.81 billion BoP, current US$ | -0.0% |
Nigeria compared with similar countries
- Nigeria's 21.81 billion BoP, current US$ is above the median for lower middle income countries, which is 1.04 billion BoP, current US$, 21.0× the median. (47 countries reporting)
- Nigeria's 21.81 billion BoP, current US$ is above the median for Sub-Saharan Africa, which is 363.22 million BoP, current US$, 60.0× the median. (43 countries reporting)
Biggest year-on-year movements
Years where Personal transfers, receipts in Nigeria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1993 | +1305.1% | 56.45 million BoP, current US$ | 793.15 million BoP, current US$ |
| 1991 | +554.9% | 10.01 million BoP, current US$ | 65.54 million BoP, current US$ |
| 2005 | +537.3% | 2.27 billion BoP, current US$ | 14.48 billion BoP, current US$ |
| 1989 | +320.0% | 2.42 million BoP, current US$ | 10.18 million BoP, current US$ |
| 1999 | +190.1% | 448.55 million BoP, current US$ | 1.30 billion BoP, current US$ |
| 1979 | +162.9% | 3.15 million BoP, current US$ | 8.28 million BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 10.53 million BoP, current US$ | 3.15 million BoP, current US$ | 20.16 million BoP, current US$ | 3 |
| 1980s | 8.18 million BoP, current US$ | 2.42 million BoP, current US$ | 12.95 million BoP, current US$ | 10 |
| 1990s | 435.70 million BoP, current US$ | 10.01 million BoP, current US$ | 1.30 billion BoP, current US$ | 10 |
| 2000s | 9.34 billion BoP, current US$ | 1.06 billion BoP, current US$ | 19.07 billion BoP, current US$ | 10 |
| 2010s | 21.11 billion BoP, current US$ | 19.51 billion BoP, current US$ | 24.06 billion BoP, current US$ | 10 |
| 2020s | 19.83 billion BoP, current US$ | 17.00 billion BoP, current US$ | 21.81 billion BoP, current US$ | 6 |
Countries ranked near Nigeria
- 4 Pakistan 40.19 billion BoP, current US$ compare
- 5 Bangladesh 33.73 billion BoP, current US$ compare
- 6 Philippines 31.78 billion BoP, current US$ compare
- 8 Guatemala 21.45 billion BoP, current US$ compare
- 9 Indonesia 17.25 billion BoP, current US$ compare
- 10 Uzbekistan 15.02 billion BoP, current US$ compare
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.19 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0041 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 5 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 4.01 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 148.16 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0138 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 16.86 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 13.91 % change on previous year (2025)
Frequently asked questions
- What is personal transfers, receipts in Nigeria?
- Personal transfers, receipts in Nigeria was 21.81 billion BoP, current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest personal transfers, receipts recorded in Nigeria?
- The highest recorded value was 24.06 billion BoP, current US$ in 2018.
- What is the lowest personal transfers, receipts recorded in Nigeria?
- The lowest recorded value was 2.42 million BoP, current US$ in 1988.
- How does Nigeria rank for personal transfers, receipts?
- Nigeria ranks 7th out of 177 countries with data for 2025.
- Is personal transfers, receipts rising or falling in Nigeria?
- Over the last ten years it is up 6.8%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Personal transfers, receipts (BoP, current US$). Statizoid updates them automatically from the source API.
Download this data
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About this data
Personal transfers are current transfers, in cash or in kind, received by resident households from non-resident households. 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.