Current account balance excluding net official capital grants in Sub-Saharan Africa (excluding high income)
Sub-Saharan Africa (excluding high income): Current account balance excluding net official capital grants was -1.4% in 2011. ◆ Volatile
Latest (2011)
-1.4%
Change on year
down 61.0%
Rank
4th
of 6 groups
All-time high
4.0%
in 2005
All-time low
-3.0%
in 2009
Years of data
7
2005–2011
Current account balance excluding net official capital grants in Sub-Saharan Africa (excluding high income), 2005–2011
Source: World Bank country economists. Measured in % of GDP.
Analysis
In 2011, current account balance excluding net official capital grants in Sub-Saharan Africa (excluding high income) stood at -1.4%.
The figure is down 61.0% on the previous year and down 134.9% over ten years.
Current account balance excluding net official capital grants in Sub-Saharan Africa (excluding high income), year by year
| Year | % of GDP | Change |
|---|---|---|
| 2005 | 4.0% | — |
| 2006 | 3.2% | -18.8% |
| 2007 | 0.3% | -91.6% |
| 2008 | -0.8% | -395.5% |
| 2009 | -3.0% | +282.7% |
| 2010 | -0.9% | -71.8% |
| 2011 | -1.4% | +61.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.7% | -3.0% | 4.0% | 5 |
| 2010s | -1.1% | -1.4% | -0.9% | 2 |
Countries ranked near Sub-Saharan Africa (excluding high income)
More trade data for Sub-Saharan Africa (excluding high income)
- Net long-term borrowing -262.73 million BoP, current US$ (2011)
- Pesticides imports 843.91 million FAO, current US$ (2011)
- Lead time to export, median case 9.32 days (2018)
- Food imports excluding fish 28.91 billion FAO, current US$ (2010)
- Total agricultural imports 35.65 billion FAO, current US$ (2010)
- Cereal imports 9.80 billion FAO, current US$ (2010)
- Cereal imports quantity 29.77 million FAO, tonnes (2010)
- Total agricultural exports 29.52 billion FAO, current US$ (2010)
- Cereal exports 865.33 million FAO, current US$ (2010)
- Cereal exports quantity 3.12 million FAO, tonnes (2010)
Frequently asked questions
- What is current account balance excluding net official capital grants in Sub-Saharan Africa (excluding high income)?
- Current account balance excluding net official capital grants in Sub-Saharan Africa (excluding high income) was -1.4% in 2011, according to World Bank country economists.
- What is the highest current account balance excluding net official capital grants recorded in Sub-Saharan Africa (excluding high income)?
- The highest recorded value was 4.0% in 2005.
- What is the lowest current account balance excluding net official capital grants recorded in Sub-Saharan Africa (excluding high income)?
- The lowest recorded value was -3.0% in 2009.
- How does Sub-Saharan Africa (excluding high income) rank for current account balance excluding net official capital grants?
- Sub-Saharan Africa (excluding high income) ranks 4th out of 6 groups with data for 2011.
- Is current account balance excluding net official capital grants rising or falling in Sub-Saharan Africa (excluding high income)?
- Over the last ten years it is down 134.9%. The long-run trend across the full record is volatile.
- Where does this Sub-Saharan Africa (excluding high income) data come from?
- The figures come from World Bank country economists, published as part of Current account balance excluding net official capital grants (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Current account balance is the sum of net exports of goods, services, net income, and net current transfers. This is divided by GDP at market prices, with both series expressed in current U.S. dollars.