Myanmar vs Nigeria: Net foreign assets (current LCU)
Net foreign assets (current LCU) over time
- Myanmar
- Nigeria
How they compare
Nigeria currently reports 15.05 trillion current LCU against 12.75 trillion current LCU in Myanmar, a difference of 2.30 trillion current LCU.
That makes Nigeria's figure about 1.2 times Myanmar's.
The two have swapped places 3 times across 51 shared years of data; in 1970 it was Nigeria ahead.
Myanmar ranks 24th and Nigeria ranks 22nd of 187 countries.
Across the 6 decades both report, Myanmar averaged higher in 1 and Nigeria in 5.
Head to head by decade
| Decade | Myanmar | Nigeria | Difference | Ahead |
|---|---|---|---|---|
| 1970s | -716.47 million current LCU | 1.91 billion current LCU | 2.63 billion current LCU | Nigeria |
| 1980s | -7.12 billion current LCU | 5.09 billion current LCU | 12.21 billion current LCU | Nigeria |
| 1990s | -10.87 billion current LCU | 140.27 billion current LCU | 151.14 billion current LCU | Nigeria |
| 2000s | -5.76 billion current LCU | 4.10 trillion current LCU | 4.10 trillion current LCU | Nigeria |
| 2010s | 6.96 trillion current LCU | 7.85 trillion current LCU | 889.11 billion current LCU | Nigeria |
| 2020s | 12.75 trillion current LCU | 8.96 trillion current LCU | 3.79 trillion current LCU | Myanmar |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net foreign assets, Myanmar or Nigeria?
- Nigeria, at 15.05 trillion current LCU against 12.75 trillion current LCU in Myanmar as of 2023.
- What is the difference in net foreign assets between Myanmar and Nigeria?
- 2.30 trillion current LCU, with Nigeria ahead.
- How many years of comparable data are there for Myanmar and Nigeria?
- 51 years are reported by both, from 1970 to 2020.
- How do Myanmar and Nigeria rank globally for net foreign assets?
- Myanmar ranks 24th and Nigeria ranks 22nd of 187 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Net foreign assets (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Net foreign assets are the sum of foreign assets held by monetary authorities and deposit money banks, less their foreign liabilities. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.