Nigeria recorded a Current Account deficit of 3232.28 USD Million in the second quarter of 2020. source: Central Bank of Nigeria
Current Account in Nigeria averaged 1600.98 USD Million from 2005 until 2020, reaching an all time high of 10383.67 USD Million in the second quarter of 2008 and a record low of -6953.30 USD Million in the fourth quarter of 2019. This page provides - Nigeria Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Nigeria Current Account - values, historical data and charts - was last updated on November of 2020.
Current Account in Nigeria is expected to be -4000.00 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 -4800.00 in 12 months time. In the long-term, the Nigeria Current Account is projected to trend around -4700.00 USD Million in 2021 and 2400.00 USD Million in 2022, according to our econometric models.