Nigeria - 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 |
Periodicity: Annual
General Comments: Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: Balance of payments
