Remittances, annual growth rate in Nigeria

Nigeria: Remittances, annual growth rate was -10.65 % change on previous year in 2025. ◆ Volatile

Latest (2025)
-10.65 % change on previous year
Change on year
down 109.0%
World rank
154th
of 189 countries
All-time high
971.16 % change on previous year
in 1999
All-time low
-84.6 % change on previous year
in 1978
Years of data
47
1978–2025

Remittances, annual growth rate in Nigeria, 1978–2025

02505007501.0k197820012025

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for remittances, annual growth rate in Nigeria is -10.65 % change on previous year, measured in 2025.

The figure is down 109.0% on the previous year and down 174.0% over ten years.

Over the whole period, remittances, annual growth rate in Nigeria peaked at 971.16 % change on previous year in 1999 and was at its lowest, -84.6 % change on previous year, in 1978.

That places Nigeria 154th out of 189 countries with data for 2025, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Remittances, annual growth rate in Nigeria, year by year

Annual values for Remittances, annual growth rate in Nigeria, 1978 to 2025.
Year % change on previous year Change
1978 -84.6 % change on previous year —
1979 103.23 % change on previous year -222.0%
1980 95.16 % change on previous year -7.8%
1981 -71.21 % change on previous year -174.8%
1982 26.8 % change on previous year -137.6%
1983 13.92 % change on previous year -48.1%
1984 12.38 % change on previous year -11.0%
1985 -14.54 % change on previous year -217.4%
1986 -46.69 % change on previous year +221.1%
1987 -28.57 % change on previous year -38.8%
1988 -6.08 % change on previous year -78.7%
1989 373.92 % change on previous year -6245.9%
1990 -19.97 % change on previous year -105.3%
1991 494.48 % change on previous year -2576.5%
1992 -1.52 % change on previous year -100.3%
1994 -51.09 % change on previous year +3254.5%
1995 -74.06 % change on previous year +45.0%
1996 -10 % change on previous year -86.5%
1997 82.63 % change on previous year -926.0%
1998 -29.58 % change on previous year -135.8%
1999 971.16 % change on previous year -3383.1%
2000 -8.53 % change on previous year -100.9%
2001 -21.18 % change on previous year +148.3%
2002 -19.81 % change on previous year -6.5%
2003 -20.22 % change on previous year +2.1%
2004 64.97 % change on previous year -421.4%
2005 397.83 % change on previous year +512.3%
2006 -14.8 % change on previous year -103.7%
2007 -8.83 % change on previous year -40.3%
2008 -12.64 % change on previous year +43.2%
2009 10.1 % change on previous year -179.9%
2010 -13.6 % change on previous year -234.6%
2011 -7.54 % change on previous year -44.5%
2012 -10.99 % change on previous year +45.7%
2013 -9.69 % change on previous year -11.8%
2014 -8.54 % change on previous year -11.9%
2015 14.39 % change on previous year -268.6%
2016 16.36 % change on previous year +13.7%
2017 20.48 % change on previous year +25.2%
2018 -1.71 % change on previous year -108.4%
2019 -38.19 % change on previous year +2130.8%
2020 -19.32 % change on previous year -49.4%
2021 11.26 % change on previous year -158.3%
2022 -2.73 % change on previous year -124.2%
2023 28.93 % change on previous year -1159.5%
2024 118.68 % change on previous year +310.3%
2025 -10.65 % change on previous year -109.0%

Nigeria compared with similar countries

  • Nigeria's -10.65 % change on previous year is below the median for lower middle income countries, which is -0.8794 % change on previous year, 12.1× the median. (47 countries reporting)
  • Nigeria's -10.65 % change on previous year is below the median for Sub-Saharan Africa, which is -0.6476 % change on previous year, 16.5× the median. (44 countries reporting)

Biggest year-on-year movements

Years where Remittances, annual growth rate in Nigeria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1989 +6245.9% -6.08 % change on previous year 373.92 % change on previous year
1999 +3383.1% -29.58 % change on previous year 971.16 % change on previous year
1994 -3254.5% -1.52 % change on previous year -51.09 % change on previous year
1991 +2576.5% -19.97 % change on previous year 494.48 % change on previous year
2019 -2130.8% -1.71 % change on previous year -38.19 % change on previous year
2023 +1159.5% -2.73 % change on previous year 28.93 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 9.32 % change on previous year -84.6 % change on previous year 103.23 % change on previous year 2
1980s 35.51 % change on previous year -71.21 % change on previous year 373.92 % change on previous year 10
1990s 151.34 % change on previous year -74.06 % change on previous year 971.16 % change on previous year 9
2000s 36.69 % change on previous year -21.18 % change on previous year 397.83 % change on previous year 10
2010s -3.9 % change on previous year -38.19 % change on previous year 20.48 % change on previous year 10
2020s 21.03 % change on previous year -19.32 % change on previous year 118.68 % change on previous year 6

Countries ranked near Nigeria

  1. 151 Afghanistan -10.3 % change on previous year compare
  2. 152 New Zealand -10.43 % change on previous year compare
  3. 153 Niger -10.44 % change on previous year compare
  4. 155 Moldova -10.7 % change on previous year compare
  5. 156 Malaysia -10.79 % change on previous year compare
  6. 157 Sudan -11.23 % change on previous year compare

See the full ranking of 189 places →

More reference data data for Nigeria

All data for Nigeria →

Frequently asked questions

What is remittances, annual growth rate in Nigeria?
Remittances, annual growth rate in Nigeria was -10.65 % change on previous year in 2025, according to Statizoid (derived).
What is the highest remittances, annual growth rate recorded in Nigeria?
The highest recorded value was 971.16 % change on previous year in 1999.
What is the lowest remittances, annual growth rate recorded in Nigeria?
The lowest recorded value was -84.6 % change on previous year in 1978.
How does Nigeria rank for remittances, annual growth rate?
Nigeria ranks 154th out of 189 countries with data for 2025.
Is remittances, annual growth rate rising or falling in Nigeria?
Over the last ten years it is down 174.0%. The long-run trend across the full record is volatile.
Where does this Nigeria data come from?
The figures come from Statizoid (derived), published as part of Remittances, annual growth rate. Statizoid updates them automatically from the source API.

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Remittances, annual growth rate in Nigeria. Statizoid, drawing on Statizoid (derived). Retrieved 14 November 2026, from https://reference.statizoid.com/stat/remittances-annual-growth-rate/nigeria/

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How this figure is calculated

The year-on-year percentage change in Remittances. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Remittances, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
189 places, 6,804 data points, 1971–2025
Last refreshed

The year-on-year percentage change in Remittances. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.