Nigeria Current Account
Nigeria · Quarterly series · EC-NG-CA
Latest, Q2 2026
7.54B USD
+68.1% from Q1 2026
Forecast
Forecast for Q2 2027: 5.44B USD, with an 80% interval of 205.4M USD to 10.37B USD.
| Period | Forecast | 80% low | 80% high |
|---|---|---|---|
| Q3 2026 | 5.96B USD | 4.39B USD | 7.34B USD |
| Q4 2026 | 5.69B USD | 2.14B USD | 8.91B USD |
| Q1 2027 | 5.51B USD | 3.15B USD | 7.69B USD |
| Q2 2027 | 5.44B USD | 205.4M USD | 10.37B USD |
AI confidence
Mixed evidenceThe tests show no consistent, material advantage over the no-change baseline.
Model: Agentic Investor TSFM (foundation model)
- Accuracy vs naive
- -7%Matches the no-change baseline over 6 tests (6 tests, 3 won)
- Direction
- 50%No clear edge over a coin flip (12 of 24 calls right in 6 tests)
- Turning points
- 0 of 8Anticipated no turn, as the no-change baseline does (8 turns in 6 tests, 1 without a turn)
- Error vs baseline
- 7% higherError ratio 1.07; 1.00 is a tie.
- Tests won
- 3 / 6Complete rolling backtests; ties count as no win.
- Test period
- 2020-09-01 to 2026-06-014 observations ahead per test.
- 80% band coverage
- 83%Observed outcomes inside the band across all stored test windows.
- Band coverage uses all stored test windows, including model-selection windows when present; it does not determine the confidence label.
- Evaluated 2026-11-15 against the cached history through 2026-06-01.
- This is an evaluation of the serving model; it does not establish a winner across four model classes.
How this assessment is made
AI confidence describes historical evidence for this forecast, not a probability of being correct. Each backtest fits on data available before its test window. The baseline carries the last value forward. Supported evidence requires at least six complete, non-overlapping tests, an error ratio below 0.90 (rounded to two decimals), and wins in a majority of tests. Ratios from 0.90 to below 1.10 are on par; 1.10 or above is weak evidence. Inconsistent wins produce mixed evidence. For a selected model, only the recent tests excluded from model selection determine this label. These are historical simulations using the available data, not a live trading track record; revisions and foundation-model pretraining can limit how closely they reproduce a past decision. Past performance can change.
Model comparison
Comparison pendingA new ticker first receives its serving model's forecast and evaluation. An eligible nightly batch can compare both candidates, subject to call budgets and retry limits.
Reading
That is the highest of the 40 readings since Q3 2016.
Recent history (24 observations)
| Period | Value |
|---|---|
| Q2 2026 | 7.54B USD |
| Q1 2026 | 4.49B USD |
| Q4 2025 | 1.40B USD |
| Q3 2025 | 4.06B USD |
| Q2 2025 | 5.17B USD |
| Q1 2025 | 3.41B USD |
| Q4 2024 | 4.98B USD |
| Q3 2024 | 6.00B USD |
| Q2 2024 | 4.15B USD |
| Q1 2024 | 3.90B USD |
| Q4 2023 | 3.75B USD |
| Q3 2023 | 1.55B USD |
| Q2 2023 | 996.3M USD |
| Q1 2023 | 132.4M USD |
| Q4 2022 | 2.35B USD |
| Q3 2022 | -2.06B USD |
| Q2 2022 | 2.43B USD |
| Q1 2022 | -1.69B USD |
| Q4 2021 | -1.35B USD |
| Q3 2021 | 1.08B USD |
| Q2 2021 | 1.67B USD |
| Q1 2021 | -4.65B USD |
| Q4 2020 | -4.77B USD |
| Q3 2020 | -3.51B USD |
Source
Data: public market data feeds.
More from Agentic Investor
- Open Nigeria Current Account in the app: the interactive chart and a fresh forecast
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Also stored for Nigeria
- Nigeria Balance Of Trade
- Nigeria Business Confidence Index
- Nigeria CO2 Emissions
- Nigeria CPI Housing Utilities
- Nigeria CPI Transportation
- Nigeria Capacity Utilization
- Nigeria Capital Flows
- Nigeria Cash Reserve Ratio
- Nigeria Central Bank Lending Rate
- Nigeria Changes In Inventories
- Nigeria Consumer Confidence Index
- Nigeria Consumer Price Index