Nigeria current accountNigeria current accountNigeria current account

Nigeria current account

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Key data points


Last release
Observation period
Q2 2024
Next release
Forecast
Highest
‪10.38 B‬USD on Jun 30, 2008
Lowest
‪−6.12 B‬USD on Dec 31, 2019

About Nigeria current account


Category
Trade
Frequency
Quarterly
Units
USD
Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).

Frequently Asked Questions


Current account represents a record of a country's international transactions with the rest of the world.
The lowest ever value of Nigeria current account is ‪−6.12 B‬ USD.
The highest figure Nigeria current account has ever reached is ‪10.38 B‬ USD.
Last quarter Nigeria current account was ‪5.14 B‬ USD, and the quarter before that it amounted to ‪3.38 B‬ USD.