Current account balance in US dollars — all countries

Current account balance in US dollars — Nigeria

Current account balance in US dollars in Nigeria in 2031 — 16.47 bn US$. Ranked 25 in the world out of 187. Since 1980, the indicator has risen by 218%.

2031 16.47 bn US$ +16.41% vs 2030
World rank 25of 187
Period maximum 36.53 bn US$2005
Period minimum -15.99 bn US$2020

Trend over time

1980–2031 · billion US$

Current account balance in US dollars — Nigeria, 1980–2031-200204019801986199219982004201020162022202820311980: 5.18 bn US$1981: -6.47 bn US$1982: -7.28 bn US$1983: -4.33 bn US$1984: 0.12 bn US$1985: 2.6 bn US$1986: 0.21 bn US$1987: -0.07 bn US$1988: -0.3 bn US$1989: 1.09 bn US$1990: 4.99 bn US$1991: 1.2 bn US$1992: 2.27 bn US$1993: -0.78 bn US$1994: -2.13 bn US$1995: -2.58 bn US$1996: 3.51 bn US$1997: 0.55 bn US$1998: -4.24 bn US$1999: 0.51 bn US$2000: 7.43 bn US$2001: 2.48 bn US$2002: 1.08 bn US$2003: 3.39 bn US$2004: 16.84 bn US$2005: 36.53 bn US$2006: 36.52 bn US$2007: 27.65 bn US$2008: 29.15 bn US$2009: 13.87 bn US$2010: 13.11 bn US$2011: 10.67 bn US$2012: 17.37 bn US$2013: 19.05 bn US$2014: 0.91 bn US$2015: -15.44 bn US$2016: 5.08 bn US$2017: 13.56 bn US$2018: 7.28 bn US$2019: -13.69 bn US$2020: -15.99 bn US$2021: -3.25 bn US$2022: 1.02 bn US$2023: 6.42 bn US$2024: 17.22 bn US$2025: 14.88 bn US$2026: 21.93 bn US$2027: 12.09 bn US$2028: 10.9 bn US$2029: 13.08 bn US$2030: 14.15 bn US$2031: 16.47 bn US$
Change over the period: +11.29 (+218%) Average annual rate: 2.29 %

Comparison, 2031

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

Nigeria 16.47 bn US$
World computed 458.47 bn US$
Sub-Saharan Africa computed -39.78 bn US$
Western Africa computed 13.54 bn US$
Lower-middle-income countries computed -237.58 bn US$
Current account balance in US dollars — Nigeria, by year Nigeria All countries CSV XLSX
Year bn US$ Change Change, %
2031 16.47 +2.32 +16.41%
2030 14.15 +1.06 +8.12%
2029 13.08 +2.18 +20.03%
2028 10.9 −1.19 −9.84%
2027 12.09 −9.84 −44.87%
2026 21.93 +7.05 +47.41%
2025 14.88 −2.34 −13.59%
2024 17.22 +10.79 +168.02%
2023 6.42 +5.4 +530.32%
2022 1.02 +4.27 +131.32%
2021 -3.25 +12.73 +79.64%
2020 -15.99 −2.3 −16.81%
2019 -13.69 −20.97 −287.9%
2018 7.28 −6.28 −46.31%
2017 13.56 +8.49 +167.17%
2016 5.08 +20.52 +132.88%
2015 -15.44 −16.35 −1,802.21%
2014 0.91 −18.14 −95.24%
2013 19.05 +1.68 +9.64%
2012 17.37 +6.71 +62.86%
2011 10.67 −2.44 −18.63%
2010 13.11 −0.76 −5.47%
2009 13.87 −15.28 −52.41%
2008 29.15 +1.5 +5.41%
2007 27.65 −8.87 −24.29%
2006 36.52 −0.01 −0.03%
2005 36.53 +19.69 +116.91%
2004 16.84 +13.45 +396.64%
2003 3.39 +2.31 +213.11%
2002 1.08 −1.4 −56.3%
2001 2.48 −4.95 −66.64%
2000 7.43 +6.92 +1,367.79%
1999 0.51 +4.75 +111.92%
1998 -4.24 −4.8 −868.84%
1997 0.55 −2.96 −84.26%
1996 3.51 +6.09 +236.04%
1995 -2.58 −0.45 −21.15%
1994 -2.13 −1.35 −172.82%
1993 -0.78 −3.05 −134.39%
1992 2.27 +1.07 +88.53%
1991 1.2 −3.79 −75.88%
1990 4.99 +3.9 +357.61%
1989 1.09 +1.39 +468.24%
1988 -0.3 −0.22 −305.48%
1987 -0.07 −0.28 −134.6%
1986 0.21 −2.39 −91.9%
1985 2.6 +2.48 +2,017.07%
1984 0.12 +4.46 +102.84%
1983 -4.33 +2.95 +40.51%
1982 -7.28 −0.81 −12.48%
1981 -6.47 −11.65 −225.03%
1980 5.18

About the indicator

The current account balance in billions of US dollars: trade in goods and services, income from investment and labor, and current transfers, all together. A positive value means a country exports capital, a negative one that it imports it. By definition the sum over all countries of the world should be zero, but in practice it fails to balance by several hundred billion: the discrepancy comes from countries recording the same flows differently.

Important: The same indicator as a percent of GDP is available separately, and for comparing countries it suits better. The absolute value is needed to see the scale of the flows in the world economy.

Source: World Economic Outlook (IMF), license IMF open data.