Nigeria - Current account balance
Current account balance (BoP, current US$)
The latest value for Current account balance (BoP, current US$) in Nigeria was ($16,975,920,000) as of 2020. Over the past 43 years, the value for this indicator has fluctuated between $36,529,020,000 in 2005 and ($16,975,920,000) in 2020.
Definition: Current account balance is the sum of net exports of goods and services, net primary income, and net secondary income. Data are in current U.S. dollars.
Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.
See also:
| Year | Value |
|---|---|
| 1977 | ($1,015,975,000) |
| 1978 | ($3,754,297,000) |
| 1979 | $1,670,509,000 |
| 1980 | $5,177,576,000 |
| 1981 | ($6,473,931,000) |
| 1982 | ($7,281,785,000) |
| 1983 | ($4,331,802,000) |
| 1984 | $122,631,000 |
| 1985 | $2,603,566,000 |
| 1986 | $210,883,500 |
| 1987 | ($73,206,490) |
| 1988 | ($296,453,600) |
| 1989 | $1,089,516,000 |
| 1990 | $4,988,245,000 |
| 1991 | $1,202,561,000 |
| 1992 | $2,267,773,000 |
| 1993 | ($780,390,900) |
| 1994 | ($2,127,932,000) |
| 1995 | ($802,326,700) |
| 1996 | $1,098,804,000 |
| 1997 | $168,239,300 |
| 1998 | ($1,209,159,000) |
| 1999 | $505,750,100 |
| 2000 | $7,427,061,000 |
| 2001 | $2,477,763,000 |
| 2002 | $1,083,111,000 |
| 2003 | $3,390,606,000 |
| 2004 | $16,840,540,000 |
| 2005 | $36,529,020,000 |
| 2006 | $36,517,580,000 |
| 2007 | $27,648,260,000 |
| 2008 | $29,145,210,000 |
| 2009 | $13,869,490,000 |
| 2010 | $13,111,280,000 |
| 2011 | $10,668,380,000 |
| 2012 | $17,374,280,000 |
| 2013 | $19,048,980,000 |
| 2014 | $906,535,900 |
| 2015 | ($15,438,640,000) |
| 2016 | $5,077,217,000 |
| 2017 | $12,689,340,000 |
| 2018 | $6,260,575,000 |
| 2019 | ($14,627,010,000) |
| 2020 | ($16,975,920,000) |
Current account balance (% of GDP)
Current account balance (% of GDP) in Nigeria was -3.93 as of 2020. Its highest value over the past 43 years was 20.74 in 2005, while its lowest value was -10.28 in 1978.
Definition: Current account balance is the sum of net exports of goods and services, net primary income, and net secondary income.
Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files, and World Bank and OECD GDP estimates.
See also:
| Year | Value |
|---|---|
| 1977 | -2.82 |
| 1978 | -10.28 |
| 1979 | 3.53 |
| 1980 | 8.06 |
| 1981 | -3.94 |
| 1982 | -5.10 |
| 1983 | -4.46 |
| 1984 | 0.17 |
| 1985 | 3.53 |
| 1986 | 0.38 |
| 1987 | -0.14 |
| 1988 | -0.60 |
| 1989 | 2.48 |
| 1990 | 9.23 |
| 1991 | 2.45 |
| 1992 | 4.74 |
| 1993 | -2.81 |
| 1994 | -6.29 |
| 1995 | -1.82 |
| 1996 | 2.15 |
| 1997 | 0.31 |
| 1998 | -2.21 |
| 1999 | 0.85 |
| 2000 | 10.69 |
| 2001 | 3.35 |
| 2002 | 1.14 |
| 2003 | 3.23 |
| 2004 | 12.35 |
| 2005 | 20.74 |
| 2006 | 15.47 |
| 2007 | 10.03 |
| 2008 | 8.59 |
| 2009 | 4.70 |
| 2010 | 3.63 |
| 2011 | 2.63 |
| 2012 | 3.81 |
| 2013 | 3.74 |
| 2014 | 0.17 |
| 2015 | -3.17 |
| 2016 | 1.25 |
| 2017 | 3.38 |
| 2018 | 1.58 |
| 2019 | -3.26 |
| 2020 | -3.93 |
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: Balance of payments
