Remittances in Nigeria decreased to 4941.04 USD Million in the second quarter of 2022 from 5147.40 USD Million in the first quarter of 2022. source: Central Bank of Nigeria

Remittances in Nigeria averaged 5058.31 USD Million from 2008 until 2022, 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 December of 2022.

Remittances in Nigeria is expected to be 5500.00 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 5500.00 USD Million in 2023 and 6000.00 USD Million in 2024, according to our econometric models.

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Nigeria Remittances

Related Last Previous Unit Reference
Current Account 5069.28 2633.55 USD Million Jun 2022
Current Account to GDP -2.80 -4.20 percent of GDP Dec 2021
Foreign Direct Investment -1590.20 -182.50 USD Million Jun 2022
Capital Flows 3070.33 -784.77 USD Million Jun 2022
Remittances 4941.04 5147.40 USD Million Jun 2022