Current account balance (credit less debit), US dollar (9/26/2025) in Nigeria
Nigeria: Current account balance (credit less debit), US dollar (9/26/2025) was 16.47 billion in 2031. ◆ Volatile
Current account balance (credit less debit), US dollar in Nigeria, 1980–2031
Source: International Monetary Fund.
Analysis
The most recent figure for current account balance (credit less debit), us dollar in Nigeria is 16.47 billion, measured in 2031.
Compared with earlier readings it is up 16.4% on the previous year and up 606.0% over ten years.
Over the whole period, current account balance (credit less debit), us dollar in Nigeria peaked at 36.53 billion in 2005 and was at its lowest, -15.99 billion, in 2020.
That places Nigeria 9th out of 26 countries with data for 2031, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance (credit less debit), US dollar (9/26/2025) in Nigeria, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 5.18 billion | — |
| 1981 | -6.47 billion | -225.0% |
| 1982 | -7.28 billion | +12.5% |
| 1983 | -4.33 billion | -40.5% |
| 1984 | 122.63 million | -102.8% |
| 1985 | 2.60 billion | +2023.1% |
| 1986 | 210.88 million | -91.9% |
| 1987 | -73.21 million | -134.7% |
| 1988 | -296.45 million | +305.0% |
| 1989 | 1.09 billion | -467.5% |
| 1990 | 4.99 billion | +357.8% |
| 1991 | 1.20 billion | -75.9% |
| 1992 | 2.27 billion | +88.6% |
| 1993 | -780.39 million | -134.4% |
| 1994 | -2.13 billion | +172.7% |
| 1995 | -2.58 billion | +21.2% |
| 1996 | 3.51 billion | -236.0% |
| 1997 | 551.55 million | -84.3% |
| 1998 | -4.24 billion | -869.4% |
| 1999 | 505.75 million | -111.9% |
| 2000 | 7.43 billion | +1368.5% |
| 2001 | 2.48 billion | -66.6% |
| 2002 | 1.08 billion | -56.3% |
| 2003 | 3.39 billion | +213.0% |
| 2004 | 16.84 billion | +396.7% |
| 2005 | 36.53 billion | +116.9% |
| 2006 | 36.52 billion | -0.0% |
| 2007 | 27.65 billion | -24.3% |
| 2008 | 29.15 billion | +5.4% |
| 2009 | 13.87 billion | -52.4% |
| 2010 | 13.11 billion | -5.5% |
| 2011 | 10.67 billion | -18.6% |
| 2012 | 17.37 billion | +62.9% |
| 2013 | 19.05 billion | +9.6% |
| 2014 | 906.54 million | -95.2% |
| 2015 | -15.44 billion | -1803.0% |
| 2016 | 5.08 billion | -132.9% |
| 2017 | 13.56 billion | +167.2% |
| 2018 | 7.28 billion | -46.3% |
| 2019 | -13.69 billion | -287.9% |
| 2020 | -15.99 billion | +16.8% |
| 2021 | -3.25 billion | -79.6% |
| 2022 | 1.02 billion | -131.3% |
| 2023 | 6.42 billion | +530.6% |
| 2024 | 17.22 billion | +168.0% |
| 2025 | 14.88 billion | -13.6% |
| 2026 | 21.93 billion | +47.4% |
| 2027 | 12.09 billion | -44.9% |
| 2028 | 10.90 billion | -9.8% |
| 2029 | 13.08 billion | +20.0% |
| 2030 | 14.15 billion | +8.1% |
| 2031 | 16.47 billion | +16.4% |
Nigeria compared with similar countries
- Nigeria's 16.47 billion is above the median for lower middle income countries, which is -2.05 billion. (5 countries reporting)
Biggest year-on-year movements
Years where Current account balance (credit less debit), US dollar (9/26/2025) in Nigeria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1985 | +2023.1% | 122.63 million | 2.60 billion |
| 2015 | -1803.0% | 906.54 million | -15.44 billion |
| 2000 | +1368.5% | 505.75 million | 7.43 billion |
| 1998 | -869.4% | 551.55 million | -4.24 billion |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -925.30 million | -7.28 billion | 5.18 billion | 10 |
| 1990s | 329.25 million | -4.24 billion | 4.99 billion | 10 |
| 2000s | 17.49 billion | 1.08 billion | 36.53 billion | 10 |
| 2010s | 5.79 billion | -15.44 billion | 19.05 billion | 10 |
| 2020s | 7.83 billion | -15.99 billion | 21.93 billion | 10 |
| 2030s | 15.31 billion | 14.15 billion | 16.47 billion | 2 |
Countries ranked near Nigeria
More financial sector data for Nigeria
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0008 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 1.01 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0006 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0.7387 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0008 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 1.01 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is current account balance (credit less debit), us dollar in Nigeria?
- Current account balance (credit less debit), us dollar in Nigeria was 16.47 billion in 2031, according to International Monetary Fund.
- What is the highest current account balance (credit less debit), us dollar recorded in Nigeria?
- The highest recorded value was 36.53 billion in 2005.
- What is the lowest current account balance (credit less debit), us dollar recorded in Nigeria?
- The lowest recorded value was -15.99 billion in 2020.
- How does Nigeria rank for current account balance (credit less debit), us dollar?
- Nigeria ranks 9th out of 26 countries with data for 2031.
- Is current account balance (credit less debit), us dollar rising or falling in Nigeria?
- Over the last ten years it is up 606.0%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from International Monetary Fund, published as part of Current account balance (credit less debit), US dollar (9/26/2025). Statizoid updates them automatically from the source API.
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About this data
The World Economic Outlook (WEO) database is created during the biannual WEO exercise, which begins in January and June of each year and results in the April and September/October WEO publication. Selected series from the publication are available in a database format.