Remittances in Nigeria decreased to 5629.04 USD Million in the first quarter of 2020 from 5925.68 USD Million in the fourth quarter of 2019.

Remittances in Nigeria averaged 5158.85 USD Million from 2008 until 2020, reaching an all time high of 6270.24 USD Million in the fourth quarter of 2018 and a record low of 3836.61 USD Million in the third quarter of 2008. This page provides - Nigeria Remittances- actual values, historical data, forecast, chart, statistics, economic calendar and news. Nigeria Remittances - values, historical data and charts - was last updated on September of 2020. source: Central Bank of Nigeria

Remittances in Nigeria is expected to be 5450.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Remittances in Nigeria to stand at 6100.00 in 12 months time. In the long-term, the Nigeria Remittances is projected to trend around 6200.00 USD Million in 2021 and 6300.00 USD Million in 2022, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Nigeria Remittances

Actual Previous Highest Lowest Dates Unit Frequency
5629.04 5925.68 6270.24 3836.61 2008 - 2020 USD Million Quarterly

Nigeria Trade Last Previous Highest Lowest Unit
Balance of Trade -807170.40 -574966.09 2177553.08 -975441.14 NGN Millions [+]
Current Account -4881.73 -6953.30 10383.67 -6953.30 USD Million [+]
Current Account to GDP -3.60 0.90 32.80 -18.70 percent [+]
Imports 1590021.69 1325501.38 2518686.57 167.88 NGN Millions [+]
Exports 782851.28 750535.29 2648881.76 322.93 NGN Millions [+]
Terms of Trade 103.19 103.48 160.25 49.48 points [+]
Foreign Direct Investment 427.76 495.42 3084.90 63.50 USD Million [+]
Capital Flows -6300.42 13235.94 20302.97 -15439.95 USD Million [+]
Gold Reserves 21.50 21.50 21.50 21.37 Tonnes [+]
Crude Oil Production 1361.00 1353.00 2475.00 675.00 BBL/D/1K [+]
Remittances 5629.04 5925.68 6270.24 3836.61 USD Million [+]
Non Oil Exports 159580.04 235709.85 1450442.90 29675.90 NGN Million [+]
Oil Exports 623271.24 514825.44 2033861.20 46192.00 NGN Million [+]
Terrorism Index 8.60 8.66 9.31 3.86 [+]
External Debt 31477.14 27665.66 37267.68 3287.73 USD Million [+]