Nigeria vs SSA middle-income countries: Current account balance (credit less debit), Percent of GDP (Balance)
Current account balance (credit less debit), Percent of GDP (Balance) over time
- Nigeria
- SSA middle-income countries
How they compare
Nigeria currently reports 3.12 against -0.2983 in SSA middle-income countries, a difference of 3.42.
That makes Nigeria's figure about 10.5 times SSA middle-income countries's.
The two have swapped places 2 times across 28 shared years of data; in 2000 it was Nigeria ahead.
Nigeria ranks 6th and SSA middle-income countries ranks 3rd of 45 countries.
Nigeria has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Nigeria | SSA middle-income countries | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 6.62 | 1.71 | 4.91 | Nigeria |
| 2010s | 1.01 | -1 | 2.01 | Nigeria |
| 2020s | 2.39 | -0.1819 | 2.58 | Nigeria |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher current account balance (credit less debit), percent of gdp (balance), Nigeria or SSA middle-income countries?
- Nigeria, at 3.12 against -0.2983 in SSA middle-income countries as of 2027.
- What is the difference in current account balance (credit less debit), percent of gdp (balance) between Nigeria and SSA middle-income countries?
- 3.42, with Nigeria ahead.
- How many years of comparable data are there for Nigeria and SSA middle-income countries?
- 28 years are reported by both, from 2000 to 2027.
- How do Nigeria and SSA middle-income countries rank globally for current account balance (credit less debit), percent of gdp (balance)?
- Nigeria ranks 6th and SSA middle-income countries ranks 3rd of 45 countries.
- Where does this data come from?
- International Monetary Fund, published as Current account balance (credit less debit), Percent of GDP (Balance of Payments and International Investment Position Manual, Sixth Edition (BPM6)). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Sub-Saharan Africa Regional Economic Outlook (REO) provides information on recent economic developments and prospects for countries in sub-Saharan Africa. Data for the REO for sub-Saharan Africa are prepared in conjunction with the semi-annual World Economic Outlook (WEO) exercises, spring and fall.