Nigeria Current Account to GDP - Forecast

Current Account to GDP in Nigeria is expected to be 2.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Nigeria Current Account to GDP is projected to trend around 4.40 percent in 2020, according to our econometric models.


Forecast Data Chart
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Nigeria Trade Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Balance of Trade 887641 756173 -37000 787497 787656 -176000
Exports 1482223 1500944 400000 1501446 1501446 451000
Imports 594582 744771 437000 713949 713790 627000
Current Account 4469 3838 2560 3406 3579 3041
Current Account to GDP 2 2.2 2.2 3.2 3.2 4.4
Terms of Trade 110 98.74 102 98.74 98.74 107
Foreign Direct Investment 809 926 948 892 890 1160
Capital Flows -10293 5521 -1730 1382 -1238 2945
Gold Reserves 21.4 21.4 21.4 21.4 21.4 21.4
Crude Oil Production 1713 1523 1540 1525 1526 1620
External Debt 22083 25049 27770 29060 30397 40227
Terrorism Index 9.01 9.31 9.2 9.2 9.1 8.9