Nigeria vs Sub-Saharan Africa (SSA): Current account balance (credit less debit), Percent of GDP (Balance)
Current account balance (credit less debit), Percent of GDP (Balance) over time
- Nigeria
- Sub-Saharan Africa (SSA)
How they compare
Nigeria currently reports 3.12 against -1.08 in Sub-Saharan Africa (SSA), a difference of 4.2.
That makes Nigeria's figure about 2.9 times Sub-Saharan Africa (SSA)'s.
The two have swapped places 2 times across 28 shared years of data; in 2000 it was Nigeria ahead.
Nigeria ranks 6th and Sub-Saharan Africa (SSA) ranks 5th of 45 countries.
Nigeria has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Nigeria | Sub-Saharan Africa (SSA) | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 6.62 | 0.6317 | 5.99 | Nigeria |
| 2010s | 1.01 | -2.18 | 3.18 | Nigeria |
| 2020s | 2.39 | -1.42 | 3.81 | 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 Sub-Saharan Africa (SSA)?
- Nigeria, at 3.12 against -1.08 in Sub-Saharan Africa (SSA) as of 2027.
- What is the difference in current account balance (credit less debit), percent of gdp (balance) between Nigeria and Sub-Saharan Africa (SSA)?
- 4.2, with Nigeria ahead.
- How many years of comparable data are there for Nigeria and Sub-Saharan Africa (SSA)?
- 28 years are reported by both, from 2000 to 2027.
- How do Nigeria and Sub-Saharan Africa (SSA) rank globally for current account balance (credit less debit), percent of gdp (balance)?
- Nigeria ranks 6th and Sub-Saharan Africa (SSA) ranks 5th 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.