Total current account credit/revenue, Credit/Revenue in Nigeria
Nigeria: Total current account credit/revenue, Credit/Revenue was 85.83 billion in 2024. ▼ Falling
Total current account credit/revenue, Credit/Revenue in Nigeria, 2005–2024
Source: International Monetary Fund.
Analysis
The most recent figure for total current account credit/revenue, credit/revenue in Nigeria is 85.83 billion, measured in 2024.
Compared with earlier readings it is up 0.7% on the previous year and down 21.3% over ten years.
Over the whole period, total current account credit/revenue, credit/revenue in Nigeria peaked at 125.61 billion in 2011 and was at its lowest, 60.64 billion, in 2016.
Nigeria ranks 54th of 197 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 20 years of available data.
Total current account credit/revenue, Credit/Revenue in Nigeria, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 72.43 billion | — |
| 2006 | 79.08 billion | +9.2% |
| 2007 | 88.76 billion | +12.2% |
| 2008 | 111.28 billion | +25.4% |
| 2009 | 79.16 billion | -28.9% |
| 2010 | 104.88 billion | +32.5% |
| 2011 | 125.61 billion | +19.8% |
| 2012 | 121.77 billion | -3.1% |
| 2013 | 122.83 billion | +0.9% |
| 2014 | 109.02 billion | -11.2% |
| 2015 | 72.10 billion | -33.9% |
| 2016 | 60.64 billion | -15.9% |
| 2017 | 74.85 billion | +23.4% |
| 2018 | 92.61 billion | +23.7% |
| 2019 | 99.33 billion | +7.2% |
| 2020 | 63.27 billion | -36.3% |
| 2021 | 75.14 billion | +18.8% |
| 2022 | 93.51 billion | +24.4% |
| 2023 | 85.23 billion | -8.9% |
| 2024 | 85.83 billion | +0.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 86.14 billion | 72.43 billion | 111.28 billion | 5 |
| 2010s | 98.36 billion | 60.64 billion | 125.61 billion | 10 |
| 2020s | 80.60 billion | 63.27 billion | 93.51 billion | 5 |
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 total current account credit/revenue, credit/revenue in Nigeria?
- Total current account credit/revenue, credit/revenue in Nigeria was 85.83 billion in 2024, according to International Monetary Fund.
- What is the highest total current account credit/revenue, credit/revenue recorded in Nigeria?
- The highest recorded value was 125.61 billion in 2011.
- What is the lowest total current account credit/revenue, credit/revenue recorded in Nigeria?
- The lowest recorded value was 60.64 billion in 2016.
- How does Nigeria rank for total current account credit/revenue, credit/revenue?
- Nigeria ranks 54th out of 197 countries with data for 2024.
- Is total current account credit/revenue, credit/revenue rising or falling in Nigeria?
- Over the last ten years it is down 21.3%. The long-run trend across the full record is falling.
- Where does this Nigeria data come from?
- The figures come from International Monetary Fund, published as part of Total current account credit/revenue, Credit/Revenue (US dollar). Statizoid updates them automatically from the source API.
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About this data
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.