Capital transfers in Nigeria
Nigeria: Capital transfers 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 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)
- Scientific and technical journal articles 9,799 (2023)
- Scientific and technical journal articles, per capita 0 units per person (2023)
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.