Nigeria Current Account to GDP  1980-2016 | Data | Chart | Calendar

Nigeria recorded a Current Account surplus of 2.60 percent of the country's Gross Domestic Product in 2014. Current Account to GDP in Nigeria averaged 1.61 percent from 1980 until 2014, reaching an all time high of 37.90 percent in 2008 and a record low of -18.70 percent in 1986. Current Account to GDP in Nigeria is reported by the Central Bank of Nigeria.

Nigeria Current Account to GDP
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Actual Previous Highest Lowest Dates Unit Frequency
2.60 3.90 37.90 -18.70 1980 - 2014 percent Yearly
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Nigeria Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Nigeria Current Account to GDP - actual data, historical chart and calendar of releases - was last updated on May of 2016.


Nigeria Trade Last Previous Highest Lowest Unit
Balance of Trade 26385.50 174765.00 2177553.08 -592200.72 NGN Millions [+]
Exports 533774.30 695652.40 2648881.76 322.93 NGN Millions [+]
Imports 507388.90 520887.40 1554732.90 167.88 NGN Millions [+]
Current Account -2013.91 -5695.27 9455.37 -5695.27 USD Million [+]
Current Account to GDP 2.60 3.90 37.90 -18.70 percent [+]
Terms of Trade 100.61 102.28 160.25 49.48 Index Points [+]
Foreign Direct Investment 501.83 1213.98 3084.90 501.83 USD Million [+]
Capital Flows -1125.67 406.61 20302.97 -15439.95 USD Million [+]
Gold Reserves 21.37 21.37 21.37 21.37 Tonnes [+]
Crude Oil Production 1787.00 1505.00 2475.00 675.00 BBL/D/1K [+]
External Debt 10718.43 10617.35 10718.43 3627.50 USD Million [+]
Terrorism Index 9.21 8.20 9.21 3.86 [+]




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East Timor 42.80 Dec/13
Macau 38.00 Dec/14
Kuwait 31.30 Dec/14
Brunei 26.40 Dec/14
Singapore 19.70 Dec/15
Azerbaijan 16.00 Dec/14
Taiwan 12.30 Dec/14
Gabon 12.23 Dec/14
Saudi Arabia 10.31 Dec/14
Netherlands 9.10 Dec/15
Norway 9.00 Dec/15
Germany 8.80 Dec/15
Trinidad and Tobago 8.50 Dec/14
Qatar 8.30 Dec/15
Botswana 7.90 Dec/14
South Korea 7.70 Dec/15
Denmark 7.10 Dec/15
Switzerland 7.00 Dec/14
Slovenia 6.90 Dec/15
United Arab Emirates 5.80 Dec/15
Sweden 5.40 Dec/15
Hungary 5.00 Dec/15
Oman 5.00 Dec/14
Ireland 4.90 Dec/15
Luxembourg 4.80 Dec/15
Nepal 4.70 Dec/14
Vietnam 4.40 Dec/14
Malta 4.30 Dec/15
Croatia 4.20 Dec/15
Israel 4.14 Dec/15
Suriname 3.80 Dec/14
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Thailand 3.80 Dec/14
Euro Area 3.70 Dec/15
Iceland 3.60 Dec/14
Bahrain 3.30 Dec/14
Hong Kong 3.10 Dec/15
Russia 3.10 Dec/14
Malaysia 3.00 Dec/15
Japan 2.90 Dec/15
Philippines 2.90 Dec/15
Angola 2.70 Dec/14
China 2.70 Dec/15
Austria 2.60 Dec/15
Nigeria 2.60 Dec/14
Italy 2.20 Dec/15
European Union 2.10 Dec/15
Estonia 1.90 Dec/15
Belgium 1.60 Dec/15
Spain 1.50 Dec/15
Venezuela 1.40 Dec/13
Bulgaria 1.20 Dec/15
Czech Republic 1.20 Dec/15
Uzbekistan 1.20 Dec/14
Bangladesh 0.80 Dec/14
Paraguay 0.80 Dec/14
Bolivia 0.70 Dec/14
Portugal 0.70 Dec/15
Iran 0.41 Dec/15
Algeria 0.30 Dec/14
Slovakia 0.30 Dec/15
Eritrea 0.17 Dec/14
Finland 0.00 Dec/15
Zambia 0.00 Dec/14
Poland -0.20 Dec/15
Ukraine -0.20 Dec/15
Egypt -0.44 Dec/14
Guinea Bissau -0.50 Dec/14
Ecuador -0.60 Dec/14
Syria -0.62 Dec/10
Iraq -0.80 Dec/14
Argentina -0.90 Dec/14
Macedonia -0.90 Dec/14
Pakistan -1.00 Jun/15
Romania -1.00 Dec/15
India -1.25 Dec/15
Cuba -1.40 Dec/13
France -1.40 Dec/15
Greece -1.80 Dec/15
Dominican Republic -1.90 Dec/15
Latvia -1.90 Dec/15
Indonesia -2.06 Dec/15
Canada -2.10 Dec/14
Chile -2.10 Dec/15
Guatemala -2.30 Dec/14
Madagascar -2.30 Dec/14
Sri Lanka -2.40 Dec/15
Lithuania -2.50 Dec/15
United States -2.70 Dec/15
Mexico -2.80 Dec/15
Haiti -3.10 Dec/14
Ivory Coast -3.10 Dec/14
New Zealand -3.10 Dec/15
Kazakhstan -3.20 Dec/15
Colombia -3.30 Dec/14
Brazil -3.32 Dec/15
Lesotho -3.40 Dec/14
El Salvador -3.60 Dec/15
Belarus -3.80 Dec/15
Costa Rica -4.20 May/16
Cameroon -4.30 Dec/15
Peru -4.39 Dec/15
South Africa -4.40 Dec/15
Turkmenistan -4.40 Dec/14
Turkey -4.50 Dec/15
Yemen -4.50 Dec/13
Australia -4.60 Dec/15
Uruguay -4.60 Dec/14
Cyprus -4.80 Dec/15
Mongolia -4.80 Dec/15
Serbia -4.80 Dec/15
Uganda -5.20 Dec/14
United Kingdom -5.20 Dec/15
Bosnia and Herzegovina -5.60 Dec/15
Chad -5.60 Dec/14
Togo -5.90 Dec/14
Morocco -6.10 Dec/15
Mali -6.20 Dec/14
Republic of the Congo -6.30 Dec/14
Honduras -6.40 Dec/15
Namibia -6.70 Dec/14
Ethiopia -7.09 Dec/14
Myanmar -7.10 Dec/14
Nicaragua -7.10 Dec/14
Fiji -7.20 Dec/14
Cape Verde -7.50 Dec/14
Ghana -7.50 Dec/15
Jamaica -7.60 Dec/14
Kosovo -7.60 Dec/14
Armenia -7.90 Dec/14
Tajikistan -7.90 Dec/14
Tunisia -7.90 Dec/14
Belize -8.00 Dec/14
Moldova -8.00 Dec/14
Equatorial Guinea -8.10 Dec/14
Mauritius -8.20 Dec/14
Congo -8.40 Dec/14
Sudan -8.40 Dec/14
Panama -8.90 Dec/14
Jordan -9.00 Dec/15
Senegal -9.30 Dec/14
Georgia -9.70 Dec/14
Cambodia -10.60 Dec/14
Gambia -10.65 Dec/14
Burkina Faso -10.70 Dec/14
Palestine -10.90 Dec/14
Tanzania -11.00 Dec/14
Kenya -11.40 Dec/15
Papua New Guinea -11.40 Dec/14
Rwanda -11.80 Dec/14
Central African Republic -11.84 Dec/14
Maldives -11.90 Dec/15
Albania -12.10 Dec/14
Guyana -12.20 Dec/14
Comoros -12.90 Dec/14
Montenegro -12.90 Dec/15
Bahamas -14.20 Dec/14
Kyrgyzstan -14.80 Dec/15
Benin -15.20 Dec/14
Sao Tome and Principe -17.00 Dec/14
Seychelles -17.00 Dec/15
Guinea -17.10 Dec/14
Burundi -17.38 Dec/14
Malawi -19.20 Dec/14
Djibouti -19.60 Dec/14
Niger -20.30 Dec/14
Cayman Islands -23.10 Dec/14
Zimbabwe -23.10 Dec/14
Libya -23.30 Dec/14
Laos -25.00 Dec/14
Lebanon -25.00 Dec/15
Mauritania -29.00 Dec/14
Bhutan -30.20 Dec/15
Sierra Leone -35.60 Dec/14
Liberia -36.50 Dec/14
Afghanistan -43.00 Dec/13
Mozambique -45.70 Dec/15