Nigeria vs Venezuela, Bolivarian Republic of: Goods balance (credit less debit), Net (credits less debits)

Nigeria
13.17 billion
in 2024
Venezuela, Bolivarian Republic of
11.06 billion
in 2016
Nigeria rank
32nd
Venezuela, Bolivarian Republic of rank
35th

Goods balance (credit less debit), Net (credits less debits) over time

  • Nigeria
  • Venezuela, Bolivarian Republic of
-20.0B020.0B40.0B200520142024

How they compare

Nigeria currently reports 13.17 billion against 11.06 billion in Venezuela, Bolivarian Republic of, a difference of 2.11 billion.

That makes Nigeria's figure about 1.2 times Venezuela, Bolivarian Republic of's.

The two have swapped places 4 times across 12 shared years of data; in 2005 it was Venezuela, Bolivarian Republic of ahead.

Nigeria ranks 32nd and Venezuela, Bolivarian Republic of ranks 35th of 198 countries.

Across the 2 decades both report, Nigeria averaged higher in 1 and Venezuela, Bolivarian Republic of in 1.

Head to head by decade

Decade Nigeria Venezuela, Bolivarian Republic of Difference Ahead
2000s 34.64 billion 29.68 billion 4.97 billion Nigeria
2010s 22.62 billion 24.63 billion 2.01 billion Venezuela, Bolivarian Republic of

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, Bolivarian Republic of?
Nigeria, at 13.17 billion against 11.06 billion in Venezuela, Bolivarian Republic of as of 2024.
What is the difference in goods balance (credit less debit), net (credits less debits) between Nigeria and Venezuela, Bolivarian Republic of?
2.11 billion, with Nigeria ahead.
How many years of comparable data are there for Nigeria and Venezuela, Bolivarian Republic of?
12 years are reported by both, from 2005 to 2016.
How do Nigeria and Venezuela, Bolivarian Republic of rank globally for goods balance (credit less debit), net (credits less debits)?
Nigeria ranks 32nd and Venezuela, Bolivarian Republic of 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.

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Nigeria vs Venezuela, Bolivarian Republic of: Goods balance (credit less debit), Net (credits less debits). Statizoid, drawing on International Monetary Fund. Retrieved 09 September 2026, from https://financial-sector.statizoid.com/compare/goods-balance-credit-less-debit-net-credits-less-debits-us-dollar/nigeria/venezuela-rb/

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About this data

Indicator
Goods balance (credit less debit), Net (credits less debits) (US dollar)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
207 places, 3,864 data points, 2005–2024
Last refreshed

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.