Remittances in Nigeria increased to 5916.57 USD Million in the second quarter of 2019 from 5853.10 USD Million in the first quarter of 2019. Remittances in Nigeria averaged 5117.94 USD Million from 2008 until 2019, 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.

Nigeria Remittances
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Nigeria Trade Last Previous Highest Lowest Unit
Balance of Trade 408661.17 -36900.36 2177553.08 -622103.84 NGN Millions [+]
Current Account -2858.88 -2818.95 10383.67 -5695.27 USD Million [+]
Current Account to GDP 2.30 2.80 32.80 -18.70 percent [+]
Imports 1042434.99 1547034.65 2209385.78 167.88 NGN Millions [+]
Exports 1451096.16 1510134.29 2648881.76 322.93 NGN Millions [+]
Terms of Trade 101.20 101.70 160.25 49.48 Index Points [+]
Foreign Direct Investment 909.54 1150.51 3084.90 314.44 USD Million [+]
Capital Flows -3297.03 -4696.54 20302.97 -15439.95 USD Million [+]
Gold Reserves 21.46 21.50 21.50 21.37 Tonnes [+]
Crude Oil Production 1870.00 1760.00 2475.00 675.00 BBL/D/1K [+]
External Debt 25609.63 25274.36 25609.63 3627.50 USD Million [+]
Terrorism Index 8.66 9.01 9.31 3.86 [+]
Remittances 5916.57 5853.10 6270.24 3836.61 USD Million [+]


Nigeria Remittances

This page provides - Nigeria Remittances- actual values, historical data, forecast, chart, statistics, economic calendar and news. Nigeria Remittances - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
5916.57 5853.10 6270.24 3836.61 2008 - 2019 USD Million Quarterly




Country Last Previous
Brazil 289.60 Aug/19
France 72.00 Aug/19
India 14641.80 Jun/19
Indonesia 2898.41 Jun/19
Italy 117.08 Mar/19
Mexico 9402.60 Jun/19
Netherlands 37.90 Mar/19
Russia 474.00 Jun/19
Saudi Arabia 27616.00 Jun/19
Spain 3475.00 Mar/19
Turkey 15.00 Aug/19


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