Remittances in Nigeria increased to 4922.23 USD Million in the second quarter of 2021 from 4278.12 USD Million in the first quarter of 2021. source: Central Bank of Nigeria

Remittances in Nigeria averaged 5061.12 USD Million from 2008 until 2021, reaching an all time high of 6270.24 USD Million in the fourth quarter of 2018 and a record low of 3373.09 USD Million in the second quarter of 2020. 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 January of 2022.

Remittances in Nigeria is expected to be 5000.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Nigeria Remittances is projected to trend around 5600.00 USD Million in 2022 and 6300.00 USD Million in 2023, according to our econometric models.

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Nigeria Remittances

Related Last Previous Unit Reference
Current Account -424.37 -2097.46 USD Million Jun/21
Current Account to GDP -4.20 -3.30 percent of GDP Dec/20
Foreign Direct Investment 1563.64 2138.38 USD Million Jun/21
Capital Flows 2105.55 1791.64 USD Million Jun/21
Remittances 4922.23 4278.12 USD Million Jun/21