Nigeria vs Sub-Saharan Africa: Current account balance excluding net official capital grants
Nigeria
3.6%
in 2011
Sub-Saharan Africa
-1.4%
in 2011
Nigeria rank
5th
Sub-Saharan Africa rank
4th
Current account balance excluding net official capital grants over time
- Nigeria
- Sub-Saharan Africa
How they compare
Nigeria currently reports 3.6% against -1.4% in Sub-Saharan Africa, a difference of 5.0%.
That makes Nigeria's figure about 2.6 times Sub-Saharan Africa's.
Across all 7 years both countries report, Nigeria has been ahead every year.
Nigeria ranks 5th and Sub-Saharan Africa ranks 4th of 41 countries.
Nigeria has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Nigeria | Sub-Saharan Africa | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 19.3% | 0.7% | 18.6% | Nigeria |
| 2010s | 4.7% | -1.1% | 5.8% | Nigeria |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher current account balance excluding net official capital grants, Nigeria or Sub-Saharan Africa?
- Nigeria, at 3.6% against -1.4% in Sub-Saharan Africa as of 2011.
- What is the difference in current account balance excluding net official capital grants between Nigeria and Sub-Saharan Africa?
- 5.0%, with Nigeria ahead.
- How many years of comparable data are there for Nigeria and Sub-Saharan Africa?
- 7 years are reported by both, from 2005 to 2011.
- How do Nigeria and Sub-Saharan Africa rank globally for current account balance excluding net official capital grants?
- Nigeria ranks 5th and Sub-Saharan Africa ranks 4th of 41 countries.
- 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.