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Nigeria - Current account balance

10.4 (billion US dollars) in 2017

Current account balance of Nigeria shot up by 282.50% from 2.7 billion US dollars in 2016 to 10.4 billion US dollars in 2017. Since the 1,853.39% slump in 2015, current account balance plummeted by 165.86% in 2017.

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What is current account balance?

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.

What is Nigeria current account balance?

Date Value Change, %
2017 10.4 282.50%
2016 2.7 -117.22%
2015 -15.8 -1,853.39%
2014 0.9 -95.28%
2013 19.0 9.64%
2012 17.4 62.86%
2011 10.7 -18.63%
2010 13.1 -5.45%
2009 13.9 -52.43%
2008 29.2 5.43%
2007 27.6 -24.29%
2006 36.5

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