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Nigeria Current Account Balance (% GDP) Statistics

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Country or Region: Nigeria › Change country
Economic Indicator: Current Account Balance (% GDP) › See all Nigeria indicators, › See Current Account Balance (% GDP) data for all countries
Detailed Analysis for Year: 2010 › Change year
Full Dataset: from 1980 to 2016
Dataset updated: 1st August 2011
Data Source: International Monetary Fund (IMF)
National or Regional Currency: Naira
Currency Symbol: NGN

Current account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income. See notes for: Gross domestic product, current prices (National currency) Current account balance (U.S. dollars).

Current Account Balance (% GDP) Statistics for Nigeria , Year 2010 - In Detail

Current Account Balance (% GDP) for Nigeria in year 2010 is 6.405 %

This makes Nigeria No. 23 in world rankings according to Current Account Balance (% GDP) in year 2010. The world's average Current Account Balance (% GDP) value is -2.68 %; Nigeria is 9.09 more than the average.

In the previous year, 2009, Current Account Balance (% GDP) for Nigeria was 12.97 % Current Account Balance (% GDP) for Nigeria in 2010 was or will be 50.62% less than it was or will be in 2009.

In the following or forecasted year, 2011, Current Account Balance (% GDP) for Nigeria was or will be 14.63 %, which is 128.42% more than the 2010 figure.

* Source: IMF
Current Account Balance (% GDP) for Nigeria, in other Years
Year %
  2016 9.035
  2015 9.656
  2014 10.462
  2013 11.371
  2012 13.302
  2011 14.63
2010 6.405
  2009 12.97
  2008 15.365
  2007 18.74
  2006 26.521
  2005 6.543
  2004 5.653
  2003 -5.944
  2002 -13.009
  2001 4.6
  2000 12.476
  1999 -9.03
  1998 -9.244
  1997 4.785
  1996 4.146
  1995 -4.252
  1994 -8.12
  1993 -12.038
  1992 -4.343
  1991 -1.187
  1990 7.619
  1989 2.765
  1988 -8.958
  1987 -5.957
  1986 -18.746
  1985 -1.152
  1984 -4.403
  1983 -14.061
  1982 -13.665
  1981 -10.011
  1980 8.848