Nigeria vs South Africa: Goods balance (credit less debit), Net (credits less debits)
Nigeria
13.17 billion
in 2024
South Africa
11.74 billion
in 2024
Nigeria rank
32nd
South Africa rank
33rd
Goods balance (credit less debit), Net (credits less debits) over time
- Nigeria
- South Africa
How they compare
Nigeria currently reports 13.17 billion against 11.74 billion in South Africa, a difference of 1.42 billion.
That makes Nigeria's figure about 1.1 times South Africa's.
The two have swapped places 4 times across 20 shared years of data; in 2005 it was Nigeria ahead.
Nigeria ranks 32nd and South Africa ranks 33rd of 198 countries.
Across the 3 decades both report, Nigeria averaged higher in 2 and South Africa in 1.
Head to head by decade
| Decade | Nigeria | South Africa | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 34.64 billion | -921.85 million | 35.56 billion | Nigeria |
| 2010s | 19.48 billion | 295.62 million | 19.19 billion | Nigeria |
| 2020s | 1.26 billion | 16.47 billion | 15.21 billion | South Africa |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher goods balance (credit less debit), net (credits less debits), Nigeria or South Africa?
- Nigeria, at 13.17 billion against 11.74 billion in South Africa as of 2024.
- What is the difference in goods balance (credit less debit), net (credits less debits) between Nigeria and South Africa?
- 1.42 billion, with Nigeria ahead.
- How many years of comparable data are there for Nigeria and South Africa?
- 20 years are reported by both, from 2005 to 2024.
- How do Nigeria and South Africa rank globally for goods balance (credit less debit), net (credits less debits)?
- Nigeria ranks 32nd and South Africa ranks 33rd of 198 countries.
- Where does this data come from?
- International Monetary Fund, published as Goods balance (credit less debit), Net (credits less debits) (US dollar). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.