Remittances in Nigeria
Nigeria: Remittances was 7.84 in 2025. ◆ Volatile
Remittances in Nigeria, 1977–2025
Source: Our World in Data.
Analysis
The most recent figure for remittances in Nigeria is 7.84, measured in 2025.
Compared with earlier readings it is down 10.7% on the previous year and up 87.3% over ten years.
Over the whole period, remittances in Nigeria peaked at 8.77 in 2024 and was at its lowest, 0.0049, in 1988.
Nigeria ranks 40th of 194 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Remittances in Nigeria, year by year
| Year | Value | Change |
|---|---|---|
| 1977 | 0.056 | — |
| 1978 | 0.0086 | -84.6% |
| 1979 | 0.0175 | +103.2% |
| 1980 | 0.0342 | +95.2% |
| 1981 | 0.0098 | -71.2% |
| 1982 | 0.0125 | +26.8% |
| 1983 | 0.0142 | +13.9% |
| 1984 | 0.016 | +12.4% |
| 1985 | 0.0137 | -14.5% |
| 1986 | 0.0073 | -46.7% |
| 1987 | 0.0052 | -28.6% |
| 1988 | 0.0049 | -6.1% |
| 1989 | 0.0231 | +373.9% |
| 1990 | 0.0185 | -20.0% |
| 1991 | 0.1101 | +494.5% |
| 1992 | 0.1084 | -1.5% |
| 1993 | 1.4 | +1189.6% |
| 1994 | 0.6839 | -51.1% |
| 1995 | 0.1774 | -74.1% |
| 1996 | 0.1597 | -10.0% |
| 1997 | 0.2916 | +82.6% |
| 1998 | 0.2054 | -29.6% |
| 1999 | 2.2 | +971.2% |
| 2000 | 2.01 | -8.5% |
| 2001 | 1.59 | -21.2% |
| 2002 | 1.27 | -19.8% |
| 2003 | 1.01 | -20.2% |
| 2004 | 1.67 | +65.0% |
| 2005 | 8.33 | +397.8% |
| 2006 | 7.1 | -14.8% |
| 2007 | 6.47 | -8.8% |
| 2008 | 5.66 | -12.6% |
| 2009 | 6.23 | +10.1% |
| 2010 | 5.38 | -13.6% |
| 2011 | 4.97 | -7.5% |
| 2012 | 4.43 | -11.0% |
| 2013 | 4 | -9.7% |
| 2014 | 3.66 | -8.5% |
| 2015 | 4.18 | +14.4% |
| 2016 | 4.87 | +16.4% |
| 2017 | 5.86 | +20.5% |
| 2018 | 5.76 | -1.7% |
| 2019 | 3.56 | -38.2% |
| 2020 | 2.87 | -19.3% |
| 2021 | 3.2 | +11.3% |
| 2022 | 3.11 | -2.7% |
| 2023 | 4.01 | +28.9% |
| 2024 | 8.77 | +118.7% |
| 2025 | 7.84 | -10.7% |
Nigeria compared with similar countries
- Nigeria's 7.84 is above the median for lower middle income countries, which is 6.01, 1.3× the median. (47 countries reporting)
- Nigeria's 7.84 is above the median for Sub-Saharan Africa, which is 2.52, 3.1× the median. (46 countries reporting)
Biggest year-on-year movements
Years where Remittances 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.
| Year | Change | From | To |
|---|---|---|---|
| 1993 | +1189.6% | 0.1084 | 1.4 |
| 1999 | +971.2% | 0.2054 | 2.2 |
| 1991 | +494.5% | 0.0185 | 0.1101 |
| 2005 | +397.8% | 1.67 | 8.33 |
| 1989 | +373.9% | 0.0049 | 0.0231 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0274 | 0.0086 | 0.056 | 3 |
| 1980s | 0.0141 | 0.0049 | 0.0342 | 10 |
| 1990s | 0.5353 | 0.0185 | 2.2 | 10 |
| 2000s | 4.14 | 1.01 | 8.33 | 10 |
| 2010s | 4.67 | 3.56 | 5.86 | 10 |
| 2020s | 4.97 | 2.87 | 8.77 | 6 |
Countries ranked near Nigeria
More reference data data for Nigeria
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 1.77 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 19.51 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 27 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 2.62 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 27 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 5.94 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 5.8 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 81.9 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 121.16 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 14.27 (2050)
Frequently asked questions
- What is remittances in Nigeria?
- Remittances in Nigeria was 7.84 in 2025, according to Our World in Data.
- What is the highest remittances recorded in Nigeria?
- The highest recorded value was 8.77 in 2024.
- What is the lowest remittances recorded in Nigeria?
- The lowest recorded value was 0.0049 in 1988.
- How does Nigeria rank for remittances?
- Nigeria ranks 40th out of 194 countries with data for 2025.
- Is remittances rising or falling in Nigeria?
- Over the last ten years it is up 87.3%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from Our World in Data, published as part of Remittances. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 49 observations, free to reuse under CC BY 4.0 (Our World in Data).