Africa vs Nigeria: Current account balance excluding net official capital grants
Africa
-0.7%
in 2011
Nigeria
3.6%
in 2011
Africa rank
3rd
Nigeria rank
5th
Current account balance excluding net official capital grants over time
- Africa
- Nigeria
How they compare
Nigeria currently reports 3.6% against -0.7% in Africa, a difference of 4.3%.
That makes Nigeria's figure about 4.9 times Africa's.
Across all 7 years both countries report, Nigeria has been ahead every year.
Africa ranks 3rd and Nigeria ranks 5th of 6 groups.
Nigeria has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Africa | Nigeria | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 4.1% | 19.3% | 15.2% | Nigeria |
| 2010s | -0.6% | 4.7% | 5.3% | Nigeria |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher current account balance excluding net official capital grants, Africa or Nigeria?
- Nigeria, at 3.6% against -0.7% in Africa as of 2011.
- What is the difference in current account balance excluding net official capital grants between Africa and Nigeria?
- 4.3%, with Nigeria ahead.
- How many years of comparable data are there for Africa and Nigeria?
- 7 years are reported by both, from 2005 to 2011.
- How do Africa and Nigeria rank globally for current account balance excluding net official capital grants?
- Africa ranks 3rd and Nigeria ranks 5th of 6 groups.
- Where does this data come from?
- World Bank country economists, published as Current account balance excluding net official capital grants (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Current account balance is the sum of net exports of goods, services, net income, and net current transfers. This is divided by GDP at market prices, with both series expressed in current U.S. dollars.