Nigeria vs SSA oil-importing countries: Goods balance (credit less debit), Percent of GDP (Balance of)
Goods balance (credit less debit), Percent of GDP (Balance of) over time
- Nigeria
- SSA oil-importing countries
How they compare
Nigeria currently reports 5.18 against 1.56 in SSA oil-importing countries, a difference of 3.62.
That makes Nigeria's figure about 3.3 times SSA oil-importing countries's.
The two have swapped places 2 times across 28 shared years of data; in 2000 it was Nigeria ahead.
Nigeria ranks 14th and SSA oil-importing countries ranks 14th of 45 countries.
Nigeria has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Nigeria | SSA oil-importing countries | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 8.65 | -2.2 | 10.84 | Nigeria |
| 2010s | 3.09 | -4.38 | 7.47 | Nigeria |
| 2020s | 2.98 | -0.8749 | 3.85 | Nigeria |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher goods balance (credit less debit), percent of gdp (balance of), Nigeria or SSA oil-importing countries?
- Nigeria, at 5.18 against 1.56 in SSA oil-importing countries as of 2027.
- What is the difference in goods balance (credit less debit), percent of gdp (balance of) between Nigeria and SSA oil-importing countries?
- 3.62, with Nigeria ahead.
- How many years of comparable data are there for Nigeria and SSA oil-importing countries?
- 28 years are reported by both, from 2000 to 2027.
- How do Nigeria and SSA oil-importing countries rank globally for goods balance (credit less debit), percent of gdp (balance of)?
- Nigeria ranks 14th and SSA oil-importing countries ranks 14th of 45 countries.
- Where does this data come from?
- International Monetary Fund, published as Goods 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.