Germany vs Nigeria: Current account balance
Current account balance over time
- Germany
- Nigeria
How they compare
Nigeria currently reports 4.8% against 4.5% in Germany, a difference of 0.3%.
That makes Nigeria's figure about 1.1 times Germany's.
The two have swapped places 9 times across 41 shared years of data; in 1977 it was Germany ahead.
Germany ranks 44th and Nigeria ranks 41st of 200 countries.
Across the 6 decades both report, Germany averaged higher in 4 and Nigeria in 2.
Head to head by decade
| Decade | Germany | Nigeria | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 0.4% | -3.2% | 3.6% | Germany |
| 1980s | 1.8% | 0.0% | 1.7% | Germany |
| 1990s | 0.6% | 5.0% | 4.5% | Nigeria |
| 2000s | 3.3% | 9.0% | 5.8% | Nigeria |
| 2010s | 7.4% | 1.5% | 5.9% | Germany |
| 2020s | 5.5% | 1.8% | 3.8% | Germany |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher current account balance, Germany or Nigeria?
- Nigeria, at 4.8% against 4.5% in Germany as of 2025.
- What is the difference in current account balance between Germany and Nigeria?
- 0.3%, with Nigeria ahead.
- How many years of comparable data are there for Germany and Nigeria?
- 41 years are reported by both, from 1977 to 2025.
- How do Germany and Nigeria rank globally for current account balance?
- Germany ranks 44th and Nigeria ranks 41st of 200 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Current account balance (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.