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Nigeria current accountNigeria current accountNigeria current account

Nigeria current account

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Key data points


Last release
—
Observation period
Q4 2024
Next release
—
Forecast
—
Highest
‪10.38 B‬ USD on Jun 30, 2008
Lowest
‪−6.12 B‬ USD on Dec 31, 2019

About Nigeria current account


Category
Trade
Source
Central Bank
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).

Nigeria in figures — see more economic indicators tied to NGCA.
NGBOT
Balance of Trade
NGCA
Current Account
NGCAG
Current Account to GDP
NGCF
Capital Flows
NGCOP
Crude Oil Production
NGED
External Debt
NGEXP
Exports
NGFDI
Foreign Direct Investment
NGGRES
Gold Reserves
NGIMP
Imports
NGNOE
Non Oil Exports
NGOE
Oil Exports
NGREM
Remittances
NGTI
Terrorism Index
NGTOT
Terms of Trade

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 ‪3.80 B‬ USD, and the quarter before it reached ‪5.78 B‬ USD.