Nigeria vs Trinidad and Tobago: Current account balance
Current account balance over time
- Nigeria
- Trinidad and Tobago
How they compare
Nigeria currently reports 4.8% against 4.8% in Trinidad and Tobago, a difference of 0.0%.
The two have swapped places 13 times across 49 shared years of data; in 1977 it was Trinidad and Tobago ahead.
Nigeria ranks 41st and Trinidad and Tobago ranks 42nd of 200 countries.
Across the 6 decades both report, Nigeria averaged higher in 2 and Trinidad and Tobago in 4.
Head to head by decade
| Decade | Nigeria | Trinidad and Tobago | Difference | Ahead |
|---|---|---|---|---|
| 1970s | -3.2% | 2.3% | 5.5% | Trinidad and Tobago |
| 1980s | 0.0% | -3.1% | 3.1% | Nigeria |
| 1990s | 1.2% | 0.5% | 0.7% | Nigeria |
| 2000s | 9.0% | 16.0% | 7.0% | Trinidad and Tobago |
| 2010s | 1.5% | 10.7% | 9.2% | Trinidad and Tobago |
| 2020s | 1.8% | 5.6% | 3.8% | Trinidad and Tobago |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher current account balance, Nigeria or Trinidad and Tobago?
- Nigeria, at 4.8% against 4.8% in Trinidad and Tobago as of 2025.
- What is the difference in current account balance between Nigeria and Trinidad and Tobago?
- 0.0%, with Nigeria ahead.
- How many years of comparable data are there for Nigeria and Trinidad and Tobago?
- 49 years are reported by both, from 1977 to 2025.
- How do Nigeria and Trinidad and Tobago rank globally for current account balance?
- Nigeria ranks 41st and Trinidad and Tobago ranks 42nd 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.