Algeria vs Nigeria: Current account balance
Algeria
10.9%
in 2011
Nigeria
3.9%
in 2011
Algeria rank
3rd
Nigeria rank
5th
Current account balance over time
- Algeria
- Nigeria
How they compare
Algeria currently reports 10.9% against 3.9% in Nigeria, a difference of 7.0%.
That makes Algeria's figure about 2.8 times Nigeria's.
The two have swapped places 3 times across 7 shared years of data; in 2005 it was Nigeria ahead.
Algeria ranks 3rd and Nigeria ranks 5th of 41 countries.
Across the 2 decades both report, Algeria averaged higher in 1 and Nigeria in 1.
Head to head by decade
| Decade | Algeria | Nigeria | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 18.2% | 21.0% | 2.8% | Nigeria |
| 2010s | 9.3% | 5.2% | 4.2% | Algeria |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher current account balance, Algeria or Nigeria?
- Algeria, at 10.9% against 3.9% in Nigeria as of 2011.
- What is the difference in current account balance between Algeria and Nigeria?
- 7.0%, with Algeria ahead.
- How many years of comparable data are there for Algeria and Nigeria?
- 7 years are reported by both, from 2005 to 2011.
- How do Algeria and Nigeria rank globally for current account balance?
- Algeria ranks 3rd and Nigeria ranks 5th of 41 countries.
- Where does this data come from?
- International Monetary Fund, Balance of Payments Statistics Yearbook and data files, published as Current account balance (% of GNP). 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. Data are in current U.S. dollars. Data are divided by GNP at market prices in U.S. dollars to facilitate comparison across economies.