Capital transfers (current LCU) in Nigeria
Nigeria: Capital transfers (current LCU) was 13.00 billion current LCU in 2002. ◆ Volatile
Latest (2002)
13.00 billion current LCU
Change on year
up 62.5%
World rank
18th
of 49 countries
All-time high
150.09 billion current LCU
in 1997
All-time low
8.00 billion current LCU
in 2001
Years of data
6
1997–2002
Capital transfers in Nigeria, 1997–2002
Source: World Bank country economists. Measured in current LCU.
Analysis
Nigeria recorded 13.00 billion current LCU for capital transfers in 2002.
Compared with earlier readings it is up 62.5% on the previous year and down 91.3% over ten years.
That places Nigeria 18th out of 49 countries with data for 2002, putting it in the middle of the range.
Capital transfers (current LCU) in Nigeria, year by year
| Year | current LCU | Change |
|---|---|---|
| 1997 | 150.09 billion current LCU | — |
| 1998 | 17.02 billion current LCU | -88.7% |
| 1999 | 64.39 billion current LCU | +278.3% |
| 2000 | 77.22 billion current LCU | +19.9% |
| 2001 | 8.00 billion current LCU | -89.6% |
| 2002 | 13.00 billion current LCU | +62.5% |
Nigeria compared with similar countries
- Nigeria's 13.00 billion current LCU is above the median for Sub-Saharan Africa, which is 1.50 billion current LCU, 8.7× the median. (45 countries reporting)
- Nigeria's 13.00 billion current LCU is above the median for lower middle income countries, which is 2.72 billion current LCU, 4.8× the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 77.17 billion current LCU | 17.02 billion current LCU | 150.09 billion current LCU | 3 |
| 2000s | 32.74 billion current LCU | 8.00 billion current LCU | 77.22 billion current LCU | 3 |
Countries ranked near Nigeria
- 15 Central African Republic 38.00 billion current LCU compare
- 16 Sao Tome and Principe 28.84 billion current LCU
- 17 Cameroon 28.40 billion current LCU
- 19 Burkina Faso 6.50 billion current LCU compare
- 20 Ghana 2.78 billion current LCU compare
- 21 Morocco 2.72 billion current LCU compare
More science & technology data for Nigeria
- Mobile landline subscriptions, per unit of GDP 0 units per US$ of GDP (2024)
- Mobile landline subscriptions, gaps filled 70.76 (2024)
- Mobile cellular subscriptions by country, per capita 0.7076 units per person (2024)
- Mobile cellular subscriptions by country, per unit of GDP 0.0007 units per US$ of GDP (2024)
- Mobile cellular subscriptions by country, gaps filled 164.65 million (2024)
- Mobile cellular subscriptions by country, per square kilometre 246.4 units per square kilometre (2023)
- Mobile landline subscriptions, annual growth rate -28.14 % change on previous year (2024)
- Mobile cellular subscriptions by country, annual growth rate -26.63 % change on previous year (2024)
- Patent applications, nonresidents, gaps filled 598 (2020)
- Patent applications, nonresidents 598 (2020)
Frequently asked questions
- What is capital transfers in Nigeria?
- Capital transfers in Nigeria was 13.00 billion current LCU in 2002, according to World Bank country economists.
- What is the highest capital transfers recorded in Nigeria?
- The highest recorded value was 150.09 billion current LCU in 1997.
- What is the lowest capital transfers recorded in Nigeria?
- The lowest recorded value was 8.00 billion current LCU in 2001.
- How does Nigeria rank for capital transfers?
- Nigeria ranks 18th out of 49 countries with data for 2002.
- Is capital transfers rising or falling in Nigeria?
- Over the last ten years it is down 91.3%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from World Bank country economists, published as part of Capital transfers (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 6 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Capital transfers. Data are in current local currency.