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Economy · West Africa

Nigeria Current Account Balance

6.8%as of 2024+417.8% vs 2023

Current account balance (trade, income and transfers) as a share of GDP. Source: World Bank — World Development Indicators. Updated June 25, 2026.

Trend

20002024 · World Bank

History

most recent 12 periods
PeriodCurrent Account Balance
20246.8%
20231.3%
20220.2%
2021-0.5%
2020-2.7%
2019-2%
20181.7%
20173.6%
20161.3%
2015-3.1%
20140.2%
20133.7%

Get this via API

GET /v1/data

The series above is served by the /v1/data endpoint. With a free key you get JSON for every country and indicator on this site.

curl "https://api.africa-api.com/v1/data?country_code=NG&metric_key=current_account_balance_pct_gdp" \
  -H "Authorization: Bearer $AFRICA_API_KEY"

Current Account Balance across Africa

Rank all 54 ->
CountryCurrent Account BalancePeriod
Kenya-1.3%2024
South Africa-0.6%2024
Egypt-5.7%2024
Ghana2%2024
Ethiopia-2.5%2024
Tanzania-3%2024

Frequently asked questions

What is Nigeria's current account balance as a share of GDP?

Nigeria's current account balance as a share of GDP is 6.8% as of 2024, according to World Bank — World Development Indicators.

What is the source for this figure?

The figure comes from World Bank — World Development Indicators and is republished by the Africa API with the retrieval date shown on this page.

How do I get Nigeria Current Account Balance data via API?

Call GET /v1/data?country_code=NG&metric_key=current_account_balance_pct_gdp with a free Africa API key to receive the full time series as JSON.

More Nigeria economy data