Nigeria vs Venezuela: Goods balance (credit less debit), Net (credits less debits) (US)
Nigeria
13.17 billion
in 2024
Venezuela
11.06 billion
in 2016
Nigeria rank
32nd
Venezuela rank
35th
Goods balance (credit less debit), Net (credits less debits) (US) over time
- Nigeria
- Venezuela
How they compare
Nigeria currently reports 13.17 billion against 11.06 billion in Venezuela, a difference of 2.11 billion.
That makes Nigeria's figure about 1.2 times Venezuela's.
The two have swapped places 4 times across 12 shared years of data; in 2005 it was Venezuela ahead.
Nigeria ranks 32nd and Venezuela ranks 35th of 198 countries.
Across the 2 decades both report, Nigeria averaged higher in 1 and Venezuela in 1.
Head to head by decade
| Decade | Nigeria | Venezuela | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 34.64 billion | 29.68 billion | 4.97 billion | Nigeria |
| 2010s | 22.62 billion | 24.63 billion | 2.01 billion | Venezuela |
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 Venezuela?
- Nigeria, at 13.17 billion against 11.06 billion in Venezuela as of 2024.
- What is the difference in goods balance (credit less debit), net (credits less debits) between Nigeria and Venezuela?
- 2.11 billion, with Nigeria ahead.
- How many years of comparable data are there for Nigeria and Venezuela?
- 12 years are reported by both, from 2005 to 2016.
- How do Nigeria and Venezuela rank globally for goods balance (credit less debit), net (credits less debits)?
- Nigeria ranks 32nd and Venezuela ranks 35th 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.