Nigeria - Private current transfers

Secondary income, other sectors, payments (BoP, current US$)

The latest value for Secondary income, other sectors, payments (BoP, current US$) in Nigeria was $604,518,200 as of 2020. Over the past 43 years, the value for this indicator has fluctuated between $1,797,895,000 in 2015 and $547,300 in 1996.

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 $198,541,600
1978 $253,434,800
1979 $355,955,900
1980 $422,472,700
1981 $456,526,200
1982 $400,913,900
1983 $383,760,700
1984 $311,795,700
1985 $268,524,200
1986 $137,929,200
1987 $21,663,150
1988 $37,029,140
1989 $28,785,830
1990 $8,853,592
1991 $53,510,680
1992 $34,802,540
1993 $2,310,584
1994 $3,500,637
1995 $1,463,817
1996 $547,300
1997 $1,164,845
1998 $1,328,093
1999 $9,400,237
2000 $1,052,142
2001 $593,358
2002 $903,978
2003 $11,562,240
2004 $20,855,600
2005 $70,652,960
2006 $129,431,400
2007 $67,165,780
2008 $412,090,700
2009 $346,227,600
2010 $309,848,600
2011 $355,004,800
2012 $320,253,300
2013 $542,879,300
2014 $819,262,700
2015 $1,797,895,000
2016 $1,045,864,000
2017 $521,627,600
2018 $391,566,800
2019 $711,087,900
2020 $604,518,200

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments