Nigeria vs West African Economic and Monetary Union (WAEMU): Current account balance (credit less debit), Percent of GDP (Balance)
Current account balance (credit less debit), Percent of GDP (Balance) over time
- Nigeria
- West African Economic and Monetary Union (WAEMU)
How they compare
Nigeria currently reports 3.12 against -1.83 in West African Economic and Monetary Union (WAEMU), a difference of 4.95.
That makes Nigeria's figure about 1.7 times West African Economic and Monetary Union (WAEMU)'s.
Across all 28 years both countries report, Nigeria has been ahead every year.
Nigeria ranks 6th and West African Economic and Monetary Union (WAEMU) ranks 9th of 45 countries.
Nigeria has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Nigeria | West African Economic and Monetary Union (WAEMU) | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 6.62 | -3.45 | 10.07 | Nigeria |
| 2010s | 1.01 | -4.09 | 5.1 | Nigeria |
| 2020s | 2.39 | -4.98 | 7.37 | 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 West African Economic and Monetary Union (WAEMU)?
- Nigeria, at 3.12 against -1.83 in West African Economic and Monetary Union (WAEMU) as of 2027.
- What is the difference in current account balance (credit less debit), percent of gdp (balance) between Nigeria and West African Economic and Monetary Union (WAEMU)?
- 4.95, with Nigeria ahead.
- How many years of comparable data are there for Nigeria and West African Economic and Monetary Union (WAEMU)?
- 28 years are reported by both, from 2000 to 2027.
- How do Nigeria and West African Economic and Monetary Union (WAEMU) rank globally for current account balance (credit less debit), percent of gdp (balance)?
- Nigeria ranks 6th and West African Economic and Monetary Union (WAEMU) ranks 9th 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.