Remittances in Nigeria increased to 4278.12 USD Million in the first quarter of 2021 from 4071.91 USD Million in the fourth quarter of 2020. source: Central Bank of Nigeria

Remittances in Nigeria averaged 5063.74 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 October of 2021.

Remittances in Nigeria is expected to be 4500.00 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


Nigeria Last Unit Reference Previous Highest Lowest
Current Account -1750.60 USD Million Mar/21 -5264.53 10383.67 -6676.40
Current Account to GDP -4.20 percent of GDP Dec/20 -3.30 32.80 -18.70
Foreign Direct Investment 2138.38 USD Million Mar/21 438.70 3084.90 63.50
Capital Flows 7886.98 USD Million Mar/21 -3371.72 20302.97 -15439.95
Remittances 4278.12 USD Million Mar/21 4071.91 6270.24 3373.09