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Heterodata An Arcanum Research project Lewis
Lewis

Nigeria — Trade & Value-Transfer Profile

ContinentAfrica
SubcontinentWest Africa
Income groupLower-Middle
World-system classPeriphery
Political blocsOPEC
Trade blocsOther
GDP$252.3B
Population232.7M
  • Current account balance (USD): $17.22B
  • Current account (% GDP): 6.82%
  • FDI, net: $-0.67B
  • Primary income balance, net (USD): $-6.63B
  • Secondary income balance, net (USD): $24.04B
  • Financial account, net (USD): $12.12B
  • Portfolio investment, net (USD): $-13.03B

ITV Indicators

  • Composite value transfer (% GDP): 1.13% GDP (mean)
  • Unequal exchange, Köhler (% GDP): 0.12% GDP (mean)
  • Income drain (% GDP): 2.78% GDP (mean)
  • Debt drain (% GDP): 1.63% GDP (mean)

Value-transfer indicators over time