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Current Account Balance (As % of GDP) fell 33.7% to -16.8% in Niger in 2020

Current Account Balance (As % of GDP) (%), 2020
Economy | Niger | February 1, 2021
$2.99
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Current account balance as a share of GDP fell 33.7% to -16.8% in Niger in 2020, according to the National Statistical Office.

Historically, current account balance as a share of GDP in Niger reached an all time high of 1.15% in 1975 and an all time low of -18.0% in 2009. When compared to Niger's main peers, current account balance as a share of GDP in Algeria amounted to -10.8%, -13.3% in Chad, -59.8% in Libya and -1.99% in Mali in 2020.

Niger has been ranked 159th within the group of 172 countries we follow in terms of current account balance as a share of GDP, 1 place above the position seen 10 years ago.

Current Account Balance (As % of GDP) Unit 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Algeria % -10.1% -10.8% -16.6% -14.1% -13.5%
Burkina Faso % -4.77% -3.46% -3.49% -3.91% -4.68%
Cameroon % -4.36% -5.44% -4.52% -3.17% -2.34%
Chad % -4.88% -13.3% -9.71% -6.54% -6.67%
Egypt % -3.60% -3.20% -4.18% -2.91% -2.77%
Libya % -0.298% -59.8% -22.4% -10.7% -8.33%
Mali % -4.20% -1.99% -1.16% -2.51% -3.59%
Mauritania % -10.6% -15.3% -17.3% -12.8% -4.84%
Morocco % -4.15% -7.28% -5.22% -4.58% -4.06%
Niger % -12.6% -16.8% -19.2% -11.6% -7.76%
Nigeria % -3.80% -3.65% -2.02% -1.47% -0.869%
Spain % 1.97% 0.539% 0.927% 1.27% 2.01%
Sudan % -15.1% -12.7% -10.7% -10.7% -9.55%
Tunisia % -8.47% -8.28% -8.67% -7.86% -6.81%