Current account balance (BoP, current US$) in Nigeria was reported at 17215269316 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Nigeria - Current account balance (BoP, current US$) - actual values, historical data, forecasts and projections were sourced from the World Bank on September of 2025.

Key information about Nigeria Current Account Balance

• Nigeria Current Account recorded a surplus of 5.1 USD bn in Jun 2024, compared with a surplus of 3.4 USD bn in the previous quarter.
• Nigeria Current Account Balance: USD mn data is updated quarterly, available from Mar 2014 to Jun 2024, with an averaged value of 330.3 USD mn.
• The data reached an all-time high of 5.2 USD bn in Jun 2018 and a record low of -6.1 USD bn in Dec 2019.
• Foreign Direct Investment (FDI) increased by 1.2 USD bn in Mar 2023.
• Nigeria Direct Investment Abroad fell by 831.3 USD mn in Jun 2024.
• Its Foreign Portfolio Investment increased by 4.4 USD bn in Jun 2024.
• The country's Nominal GDP was reported at 111.3 USD bn in Mar 2023.

Nigeria NG: BOP: Current Account: Balance: % of GDP data was reported at 2.763 % in 2017. This records an increase from the previous number of 0.671 % for 2016. Nigeria NG: BOP: Current Account: Balance: % of GDP data is updated yearly, averaging 2.763 % from Dec 1977 (Median) to 2017, with 41 observations. The data reached an all-time high of 32.543 % in 2005 and a record low of -14.168 % in 1982. Nigeria NG: BOP: Current Account: Balance: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank.WDI: Balance of Payments: Current Account. Current account balance is the sum of net exports of goods and services, net primary income, and net secondary income.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files, and World Bank and OECD GDP estimates.; ; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.

Nigeria NG: BoP: Current Account: Primary Income data was reported at -11.492 USD bn in 2017. This records a decrease from the previous number of -8.609 USD bn for 2016. Nigeria NG: BoP: Current Account: Primary Income data is updated yearly, averaging -2.670 USD bn from Dec 1977 (Median) to 2017, with 41 observations. The data reached an all-time high of -228.249 USD mn in 1978 and a record low of -25.521 USD bn in 2013. Nigeria NG: BoP: Current Account: Primary Income data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Nigeria – Table NG.IMF.BOP: BPM6: Balance of Payments: Detailed Presentation: Annual.

Primary income payments (BoP, current US$) in Nigeria was reported at 10508681838 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Nigeria - Income payments (BoP, current US$) - actual values, historical data, forecasts and projections were sourced from the World Bank on September of 2025.

Nigeria recorded a trade surplus of 3428911.88 NGN Million in June of 2025. This dataset provides - Nigeria Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Nigeria BOP: Capital Account Net data was reported at 0.000 USD mn in Sep 2024. This stayed constant from the previous number of 0.000 USD mn for Jun 2024. Nigeria BOP: Capital Account Net data is updated quarterly, averaging 0.000 USD mn from Mar 2014 (Median) to Sep 2024, with 43 observations. The data reached an all-time high of 0.000 USD mn in Sep 2024 and a record low of 0.000 USD mn in Sep 2024. Nigeria BOP: Capital Account Net 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.JB001: BPM6: Balance of Payments.

Nigeria recorded a Current Account surplus of 3730 USD Million in the first quarter of 2025. This dataset provides - Nigeria Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Nigeria NG: BOP: Current Account: Net Trade: Goods and Services data was reported at -85.906 USD mn in 2017. This records an increase from the previous number of -8.546 USD bn for 2016. Nigeria NG: BOP: Current Account: Net Trade: Goods and Services data is updated yearly, averaging 2.507 USD bn from Dec 1977 (Median) to 2017, with 41 observations. The data reached an all-time high of 24.367 USD bn in 2005 and a record low of -23.642 USD bn in 2015. Nigeria NG: BOP: Current Account: Net Trade: Goods and Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank.WDI: Balance of Payments: Current Account. Net trade in goods and services is derived by offsetting imports of goods and services against exports of goods and services. Exports and imports of goods and services comprise all transactions involving a change of ownership of goods and services between residents of one country and the rest of the world. Data are in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; ; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.

Nigeria NG: BOP: Capital Account: Net data was reported at 10.556 USD bn in 2006. This records an increase from the previous number of 7.336 USD bn for 2005. Nigeria NG: BOP: Capital Account: Net data is updated yearly, averaging 0.269 USD mn from Dec 1988 (Median) to 2006, with 11 observations. The data reached an all-time high of 10.556 USD bn in 2006 and a record low of -903.555 USD mn in 1988. Nigeria NG: BOP: Capital Account: Net data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank.WDI: Balance of Payments: Capital and Financial Account. Net capital account records acquisitions and disposals of nonproduced nonfinancial assets, such as land sold to embassies and sales of leases and licenses, as well as capital transfers, including government debt forgiveness. The use of the term capital account in this context is designed to be consistent with the System of National Accounts, which distinguishes between capital transactions and financial transactions. Data are in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; ; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.

Nigeria NG: BOP: Reserves and Related Items data was reported at 12.222 USD bn in 2017. This records an increase from the previous number of -985.496 USD mn for 2016. Nigeria NG: BOP: Reserves and Related Items data is updated yearly, averaging -985.496 USD mn from Dec 1977 (Median) to 2017, with 41 observations. The data reached an all-time high of 13.894 USD bn in 2006 and a record low of -10.515 USD bn in 2009. Nigeria NG: BOP: Reserves and Related Items data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank.WDI: Balance of Payments: Capital and Financial Account. Reserves and related items is the net change in a country's holdings of international reserves resulting from transactions on the current, capital, and financial accounts. Reserve assets are those external assets that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, and include holdings of monetary gold, special drawing rights (SDRs), reserve position in the International Monetary Fund (IMF), and other reserve assets. Also included are net credit and loans from the IMF (excluding reserve position) and total exceptional financing. Data are in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; ; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards. In BPM6, the headings of the financial account have been changed from credits and debits to net acquisition of financial assets and net incurrence of liabilities; i.e., all changes due to credit and debit entries are recorded on a net basis separately for financial assets and liabilities. Financial account balances are calculated as the change in assets minus the change in liabilities; signs are reversed from previous editions.

Nigeria NG: BOP: Financial Account: Foreign Direct Investment: Net Inflows: % of GDP data was reported at 0.931 % in 2017. This records a decrease from the previous number of 1.098 % for 2016. Nigeria NG: BOP: Financial Account: Foreign Direct Investment: Net Inflows: % of GDP data is updated yearly, averaging 2.140 % from Dec 1970 (Median) to 2017, with 48 observations. The data reached an all-time high of 10.833 % in 1994 and a record low of -1.151 % in 1980. Nigeria NG: BOP: Financial Account: Foreign Direct Investment: Net Inflows: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank.WDI: Balance of Payments: Capital and Financial Account. Foreign direct investment are the net inflows of investment to acquire a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor. It is the sum of equity capital, reinvestment of earnings, other long-term capital, and short-term capital as shown in the balance of payments. This series shows net inflows (new investment inflows less disinvestment) in the reporting economy from foreign investors, and is divided by GDP.; ; International Monetary Fund, International Financial Statistics and Balance of Payments databases, World Bank, International Debt Statistics, and World Bank and OECD GDP estimates.; Weighted average; Note: Data starting from 2005 are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6).

Nigeria NG: BoP: Current Account data was reported at 10.381 USD bn in 2017. This records an increase from the previous number of 2.714 USD bn for 2016. Nigeria NG: BoP: Current Account data is updated yearly, averaging 1.203 USD bn from Dec 1977 (Median) to 2017, with 41 observations. The data reached an all-time high of 36.529 USD bn in 2005 and a record low of -16.019 USD bn in 2015. Nigeria NG: BoP: Current Account data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Nigeria – Table NG.IMF.BOP: BPM6: Balance of Payments: Detailed Presentation: Annual.

Nigeria BOP: Current Account: Secondary Income data was reported at 5.781 USD bn in Jun 2024. This records an increase from the previous number of 5.756 USD bn for Mar 2024. Nigeria BOP: Current Account: Secondary Income data is updated quarterly, averaging 5.606 USD bn from Mar 2014 (Median) to Jun 2024, with 42 observations. The data reached an all-time high of 7.639 USD bn in Mar 2019 and a record low of 4.341 USD bn in Jun 2016. Nigeria BOP: Current Account: Secondary Income 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.JB001: BPM6: Balance of Payments.

Nigeria NG: BOP: Current Account: Trade in Services: % of GDP data was reported at 6.189 % in 2017. This records an increase from the previous number of 3.827 % for 2016. Nigeria NG: BOP: Current Account: Trade in Services: % of GDP data is updated yearly, averaging 7.950 % from Dec 1977 (Median) to 2017, with 41 observations. The data reached an all-time high of 24.628 % in 1993 and a record low of 3.827 % in 2016. Nigeria NG: BOP: Current Account: Trade in Services: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank: Balance of Payments: Current Account. Trade in services is the sum of service exports and imports divided by the value of GDP, all in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files, and World Bank and OECD GDP estimates.; Weighted average; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.

Nigeria NG: BOP: Current Account: Net Trade: Goods data was reported at 13.126 USD bn in 2017. This records an increase from the previous number of -538.138 USD mn for 2016. Nigeria NG: BOP: Current Account: Net Trade: Goods data is updated yearly, averaging 4.611 USD bn from Dec 1977 (Median) to 2017, with 41 observations. The data reached an all-time high of 45.922 USD bn in 2008 and a record low of -6.721 USD bn in 2015. Nigeria NG: BOP: Current Account: Net Trade: Goods data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank.WDI: Balance of Payments: Current Account. Net trade in goods is the difference between exports and imports of goods. Trade in services is not included. Data are in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; ; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.

Nigeria BoP: CA: Goods: Exports: Crude Oil & Gas data was reported at 15.302 USD bn in Sep 2018. This records an increase from the previous number of 13.980 USD bn for Jun 2018. Nigeria BoP: CA: Goods: Exports: Crude Oil & Gas data is updated quarterly, averaging 18.208 USD bn from Mar 2008 (Median) to Sep 2018, with 43 observations. The data reached an all-time high of 26.059 USD bn in Jun 2008 and a record low of 7.045 USD bn in Mar 2016. Nigeria BoP: CA: Goods: Exports: Crude Oil & Gas 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.JB001: Balance of Payments.

Nigeria NG: BOP: Current Account: Balance data was reported at 10.381 USD bn in 2017. This records an increase from the previous number of 2.714 USD bn for 2016. Nigeria NG: BOP: Current Account: Balance data is updated yearly, averaging 1.203 USD bn from Dec 1977 (Median) to 2017, with 41 observations. The data reached an all-time high of 36.529 USD bn in 2005 and a record low of -16.019 USD bn in 2015. Nigeria NG: BOP: Current Account: Balance data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank.WDI: Balance of Payments: Current Account. Current account balance is the sum of net exports of goods and services, net primary income, and net secondary income. Data are in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; ; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.

BoP: CF: Financial Account: Assets: Portfolio Investment: Financial Derivatives data was reported at 0.000 USD mn in Dec 2022. This stayed constant from the previous number of 0.000 USD mn for Sep 2022. BoP: CF: Financial Account: Assets: Portfolio Investment: Financial Derivatives data is updated quarterly, averaging 0.000 USD mn from Mar 2008 (Median) to Dec 2022, with 32 observations. The data reached an all-time high of 0.000 USD mn in Dec 2022 and a record low of -2.000 USD bn in Mar 2021. BoP: CF: Financial Account: Assets: Portfolio Investment: Financial Derivatives 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.JB002: BPM5: Balance of Payments (Discontinued).

Nigeria NG: BOP: Current Account: Secondary Income: Other Sectors: Payments data was reported at 520.785 USD mn in 2017. This records a decrease from the previous number of 1.045 USD bn for 2016. Nigeria NG: BOP: Current Account: Secondary Income: Other Sectors: Payments data is updated yearly, averaging 129.431 USD mn from Dec 1977 (Median) to 2017, with 41 observations. The data reached an all-time high of 1.858 USD bn in 2015 and a record low of 0.547 USD mn in 1996. Nigeria NG: BOP: Current Account: Secondary Income: Other Sectors: Payments data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank: Balance of Payments: Current Account. Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. Data are in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; Sum; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.