Nigeria Current Account Balance as % of GDP
Capital and Financial Account Balance as % of GDP
Capital and Financial Account Balance as % of GDP data was reported at -6.257 % in Jun 2024. This records a decrease from the previous number of 10.343 % for Mar 2024. Capital and Financial Account Balance as % of GDP data is updated quarterly, averaging -1.916 % from Mar 2014 (Median) to Jun 2024, with 42 observations. The data reached an all-time high of 10.343 % in Mar 2024 and a record low of -12.612 % in Dec 2019. Capital and Financial Account Balance as % of GDP data remains active status in CEIC and is reported by Central Bank of Nigeria. The data is categorized under Global Database’s Nigeria – Table NG.JB003: Current Account Balance as % of GDP.
| Last | Frequency | Range |
|---|---|---|
| -6.257 Jun 2024 | quarterly | Mar 2014 - Jun 2024 |
View Nigeria's Capital and Financial Account Balance as % of GDP from Mar 2014 to Jun 2024 in the chart:
Overall Balance as % of GDP
Overall Balance as % of GDP data was reported at 5.503 % in Jun 2024. This records an increase from the previous number of -2.057 % for Mar 2024. Overall Balance as % of GDP data is updated quarterly, averaging -0.682 % from Mar 2014 (Median) to Jun 2024, with 42 observations. The data reached an all-time high of 7.787 % in Mar 2018 and a record low of -4.478 % in Mar 2015. Overall Balance as % of GDP data remains active status in CEIC and is reported by Central Bank of Nigeria. The data is categorized under Global Database’s Nigeria – Table NG.JB003: Current Account Balance as % of GDP.
| Last | Frequency | Range |
|---|---|---|
| 5.503 Jun 2024 | quarterly | Mar 2014 - Jun 2024 |