Nigeria vs Rwanda: Net foreign assets
Net foreign assets over time
- Nigeria
- Rwanda
How they compare
Nigeria currently reports 3.79 trillion current LCU against 3.22 trillion current LCU in Rwanda, a difference of 568.49 billion current LCU.
That makes Nigeria's figure about 1.2 times Rwanda's.
The two have swapped places 9 times across 59 shared years of data; in 1964 it was Rwanda ahead.
Nigeria ranks 36th and Rwanda ranks 38th of 187 countries.
Across the 7 decades both report, Nigeria averaged higher in 5 and Rwanda in 2.
Head to head by decade
| Decade | Nigeria | Rwanda | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 109.76 million current LCU | -67.52 million current LCU | 177.28 million current LCU | Nigeria |
| 1970s | 1.91 billion current LCU | 3.39 billion current LCU | 1.48 billion current LCU | Rwanda |
| 1980s | 5.09 billion current LCU | 8.36 billion current LCU | 3.27 billion current LCU | Rwanda |
| 1990s | 140.27 billion current LCU | 19.45 billion current LCU | 120.82 billion current LCU | Nigeria |
| 2000s | 4.10 trillion current LCU | 213.13 billion current LCU | 3.88 trillion current LCU | Nigeria |
| 2010s | 7.85 trillion current LCU | 727.09 billion current LCU | 7.12 trillion current LCU | Nigeria |
| 2020s | 7.35 trillion current LCU | 1.43 trillion current LCU | 5.92 trillion current LCU | Nigeria |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net foreign assets, Nigeria or Rwanda?
- Nigeria, at 3.79 trillion current LCU against 3.22 trillion current LCU in Rwanda as of 2022.
- What is the difference in net foreign assets between Nigeria and Rwanda?
- 568.49 billion current LCU, with Nigeria ahead.
- How many years of comparable data are there for Nigeria and Rwanda?
- 59 years are reported by both, from 1964 to 2022.
- How do Nigeria and Rwanda rank globally for net foreign assets?
- Nigeria ranks 36th and Rwanda ranks 38th 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.