Nigeria recorded a Current Account surplus of 5735.86 USD Million in the second quarter of 2018. Current Account in Nigeria averaged 2510.92 USD Million from 2005 until 2018, reaching an all time high of 10383.67 USD Million in the second quarter of 2008 and a record low of -5695.27 USD Million in the third quarter of 2015.
Current Account in Nigeria is expected to be 2560.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Nigeria to stand at 4223.86 in 12 months time. In the long-term, the Nigeria Current Account is projected to trend around 3041.00 USD Million in 2020, according to our econometric models.