Remittances received — all countries

Remittances received — Nigeria

Remittances received in Nigeria in 2025 — 22,789,097,830 US$. Ranked 10 in the world out of 94. Since 1977, the indicator has risen by 112,916.6%.

2025 22.79B US$ +2.99% vs 2024
World rank 10of 94
Period maximum 24.31B US$2018
Period minimum 2.42M US$1988

Trend over time

1977–2025 · US$

Remittances received — Nigeria, 1977–2025010B20B30B197719821987199219972002200720122017202220251977: 20,164,384 US$1978: 3,148,258 US$1979: 8,278,045 US$1980: 21,946,634 US$1981: 16,188,874 US$1982: 17,818,397 US$1983: 13,804,340 US$1984: 11,741,263 US$1985: 10,069,659 US$1986: 3,989,688 US$1987: 2,739,018 US$1988: 2,424,527 US$1989: 10,183,666 US$1990: 10,008,540 US$1991: 65,544,714 US$1992: 56,448,404 US$1993: 793,154,026 US$1994: 549,872,704 US$1995: 250,043,007 US$1996: 296,587,337 US$1997: 585,738,410 US$1998: 448,546,825 US$1999: 1,301,055,577 US$2000: 1,391,826,072 US$2001: 1,166,614,598 US$2002: 1,208,958,588 US$2003: 1,062,820,789 US$2004: 2,272,734,507 US$2005: 14,640,084,310 US$2006: 16,932,144,079 US$2007: 18,014,430,787 US$2008: 19,199,974,036 US$2009: 18,370,796,915 US$2010: 19,744,755,063 US$2011: 20,616,772,501 US$2012: 20,542,884,460 US$2013: 20,797,073,957 US$2014: 20,999,084,800 US$2015: 20,626,046,924 US$2016: 19,697,938,004 US$2017: 22,037,016,832 US$2018: 24,311,022,416 US$2019: 23,809,281,401 US$2020: 17,207,547,306 US$2021: 19,483,402,059 US$2022: 20,127,614,151 US$2023: 19,549,549,365 US$2024: 22,126,757,545 US$2025: 22,789,097,830 US$
Change over the period: +22.77B (+112,916.58%) Average annual rate: 15.77 %

Comparison, 2025

How the value compares with the world and the groups this territory belongs to: Nigeria

Nigeria 22.79B US$
World 804B US$
Sub-Saharan Africa 30.75B US$
Remittances received — Nigeria, by year Nigeria All countries CSV XLSX
Year US$ Change Change, %
2025 22.79B +662M +2.99%
2024 22.13B +2.58B +13.18%
2023 19.55B −578M −2.87%
2022 20.13B +644M +3.31%
2021 19.48B +2.28B +13.23%
2020 17.21B −6.6B −27.73%
2019 23.81B −502M −2.06%
2018 24.31B +2.27B +10.32%
2017 22.04B +2.34B +11.87%
2016 19.7B −928M −4.5%
2015 20.63B −373M −1.78%
2014 21B +202M +0.97%
2013 20.8B +254M +1.24%
2012 20.54B −73.89M −0.36%
2011 20.62B +872M +4.42%
2010 19.74B +1.37B +7.48%
2009 18.37B −829M −4.32%
2008 19.2B +1.19B +6.58%
2007 18.01B +1.08B +6.39%
2006 16.93B +2.29B +15.66%
2005 14.64B +12.37B +544.16%
2004 2.27B +1.21B +113.84%
2003 1.06B −146M −12.09%
2002 1.21B +42.34M +3.63%
2001 1.17B −225M −16.18%
2000 1.39B +90.77M +6.98%
1999 1.3B +853M +190.06%
1998 449M −137M −23.42%
1997 586M +289M +97.49%
1996 297M +46.54M +18.61%
1995 250M −300M −54.53%
1994 550M −243M −30.67%
1993 793M +737M +1,305.1%
1992 56.45M −9.1M −13.88%
1991 65.54M +55.54M +554.89%
1990 10.01M −175,126 −1.72%
1989 10.18M +7.76M +320.03%
1988 2.42M −314,491 −11.48%
1987 2.74M −1.25M −31.35%
1986 3.99M −6.08M −60.38%
1985 10.07M −1.67M −14.24%
1984 11.74M −2.06M −14.95%
1983 13.8M −4.01M −22.53%
1982 17.82M +1.63M +10.07%
1981 16.19M −5.76M −26.24%
1980 21.95M +13.67M +165.12%
1979 8.28M +5.13M +162.94%
1978 3.15M −17.02M −84.39%
1977 20.16M

Western Africa, 2025

The same indicator for neighboring countries — with links to their pages

About the indicator

Personal remittances received by a country: the earnings of labor migrants sent home, plus transfers between households. For a couple of dozen countries this flow is larger than any single export item, and for several it exceeds a fifth of GDP — remittances then become the main external link of the economy, steadier than both direct investment and foreign aid: in a crisis they usually do not fall but rise, because migrants send their families more.

Important: Only transfers through banks and money transfer systems are counted. Cash brought in person does not reach the statistics, so the real volumes are higher — by estimates, noticeably so.

Source: World Development Indicators (World Bank), license CC BY 4.0.