NER Current account balance 2024: Interactive Chart & Historical Data

Latest balance: -1,201,436,331.53 Current USD (2024-01-01)

Current account balance (measured in Current USD) measures NER's international trade position, capturing the flow of goods and services across borders. Trade indicators reveal competitiveness, currency impacts, and integration into global supply chains. Policymakers use trade data to negotiate agreements, adjust tariffs, and monitor external imbalances that could affect currency stability. In NER, Current account balance reflects the structure of exports and imports, key trading partners, and sensitivity to commodity prices or exchange rate fluctuations. Businesses track trade indicators to identify market opportunities, manage supply chain risks, and anticipate regulatory changes. The most recent data point shows -1,201,436,331.53 Current USD as of 2024-01-01. This dataset spans 1974–2024, covering 51 annual observations. Data is sourced from World Bank and updated regularly on EconDash. Use EconDash's interactive chart to visualize trade flows, identify surplus and deficit periods, and compare NER with trading partners.