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Current Account Balance / Nigeria
External Sector

Nigeria Current Account Balance

Current and historical current account balance data for Nigeria, including latest value (6.82), trend, international ranking, comparison and source notes.
COUNTRY: Nigeria
UNIT: percent of GDP
SOURCE: World Bank / public data sources
CACHE: partial
UPDATED: 2026-06-05T19:35:27+02:00
Economy Data Rating
Nigeria · Economic Stability Rating
Composite rating based on inflation, growth, debt, unemployment and current account.
BB
58 / 100
Moderate risk · limited data
Fiscal stability n/a
Macroeconomic stability 12 / 20
External stability 10.3 / 15
Financial robustness 6.3 / 15
Structural stability 0 / 10
Future capacity 6.2 / 10
Demographic capacity 5 / 5
Method: Economy Data 7-pillar stability model with structural financial robustness adjustment. This is a transparent Economy Data heuristic, not an official sovereign credit rating. Data coverage: 65% of weighted inputs available.
Time range: 1977–2024 1977– 2024
1977 2024
Selected year: 2024 · Value: n/a 2024

Nigeria · current account balance as a percentage of gdp.

1977–2024
6.82 percent of GDP
1.32 percent of GDP
0.65 percent of GDP
11 selected year
max 8 6 4 2 0
1977 1986 1995 2004 2013 2022 2024
current account balance rate reference line

Countries by current account balance

full ranking
Country Rate Class
Kuwait 29.15 high
Singapore 18 high
Ireland 17.4 high
Qatar 17.29 high
Norway 15.58 high
United Arab Emirates 14.48 medium
Hong Kong 13.39 medium
Denmark 12.2 medium

Interpretation

short note

This external-sector indicator helps assess cross-border flows, reserves and external vulnerability.

Values should be interpreted together with country context, time range, source coverage and related macroeconomic indicators.

Production version: show source, timestamp and fallback status here.

Comparison

latest
South Africa -0.64
Egypt -5.69
Morocco -1.16
United States -4.12
China 2.26

Related indicators

internal links
Exports NE.EXP.GNFS.ZS
Imports NE.IMP.GNFS.ZS
Trade Openness NE.TRD.GNFS.ZS
Foreign Reserves FI.RES.TOTL.CD
Official Exchange Rate PA.NUS.FCRF

Source layer

planned

Production version should display source, timestamp and fallback status here.

Provider: worldbank · Indicator code: BN.CAB.XOKA.GD.ZS

Cache: partial · Updated: 2026-06-05T19:35:27+02:00

Nigeria Snapshot

country profile
Population 232.68 m
GDP 252.26 bn
Debt/GDP n/a
Inflation 33.24%
Unemployment 3.06%
Currency n/a
Region Africa
Income group Lower middle income

Nigeria Current Account Balance: data context and use

This page is part of the Economy Data indicator system. It provides structured country-level economic data, historical series, rankings and comparison views for researchers, students, journalists and decision makers. The page combines indicator metadata, country context, latest available values, ranking information and source notes.

The selected indicator is Current Account Balance for Nigeria. The data are designed for quick comparison across countries and for deeper interpretation together with related macroeconomic indicators such as GDP growth, government debt, unemployment, current account balance, exports, imports, population and inequality.

Keyphrase synonyms: nigeria current account balance rate, current account balance data nigeria, nigeria current account balance statistics, nigeria percent of gdp.