Current transfers, payments in North Africa

North Africa: Current transfers, payments was 1.27 billion BoP, current US$ in 2007. ◆ Volatile

Latest (2007)
1.27 billion BoP, current US$
Change on year
down 10.8%
Rank
6th
of 6 groups
All-time high
2.99 billion BoP, current US$
in 2004
All-time low
395.04 million BoP, current US$
in 1999
Years of data
29
1977–2007

Current transfers, payments in North Africa, 1977–2007

01.0B2.0B3.0B1977199220071977: 1.2B BoP, current US$1978: 1.3B BoP, current US$1979: 1.2B BoP, current US$1980: 1.5B BoP, current US$1981: 2.0B BoP, current US$1982: 2.0B BoP, current US$1983: 2.4B BoP, current US$1984: 1.6B BoP, current US$1985: 1.1B BoP, current US$1986: 744.7M BoP, current US$1987: 696.5M BoP, current US$1988: 687.9M BoP, current US$1989: 622.8M BoP, current US$1990: 635.3M BoP, current US$1991: 589.6M BoP, current US$1994: 667.9M BoP, current US$1995: 585.3M BoP, current US$1996: 607.2M BoP, current US$1997: 675.6M BoP, current US$1998: 466.0M BoP, current US$1999: 395.0M BoP, current US$2000: 701.8M BoP, current US$2001: 990.8M BoP, current US$2002: 1.1B BoP, current US$2003: 2.2B BoP, current US$2004: 3.0B BoP, current US$2005: 1.3B BoP, current US$2006: 1.4B BoP, current US$2007: 1.3B BoP, current US$

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files. Measured in BoP, current US$.

Analysis

The most recent figure for current transfers, payments in North Africa is 1.27 billion BoP, current US$, measured in 2007.

That represents a change of down 10.8% on the previous year and up 88.4% over ten years.

Over the whole period, current transfers, payments in North Africa peaked at 2.99 billion BoP, current US$ in 2004 and was at its lowest, 395.04 million BoP, current US$, in 1999.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1970s 1.25 billion BoP, current US$ 1.19 billion BoP, current US$ 1.33 billion BoP, current US$ 3
1980s 1.33 billion BoP, current US$ 622.83 million BoP, current US$ 2.40 billion BoP, current US$ 10
1990s 577.74 million BoP, current US$ 395.04 million BoP, current US$ 675.56 million BoP, current US$ 8
2000s 1.49 billion BoP, current US$ 701.84 million BoP, current US$ 2.99 billion BoP, current US$ 8

Countries ranked near North Africa

  1. 3 Sudan 946.62 million BoP, current US$ compare
  2. 4 Cote d'Ivoire 872.08 million BoP, current US$ compare
  3. 5 Libya 680.80 million BoP, current US$ compare
  4. 6 Algeria 664.93 million BoP, current US$ compare
  5. 7 Nigeria 471.93 million BoP, current US$ compare
  6. 8 Botswana 417.17 million BoP, current US$ compare
  7. 9 Egypt 344.50 million BoP, current US$ compare

See the full ranking of 45 places →

More trade data for North Africa

All data for North Africa →

Frequently asked questions

What is current transfers, payments in North Africa?
Current transfers, payments in North Africa was 1.27 billion BoP, current US$ in 2007, according to International Monetary Fund, Balance of Payments Statistics Yearbook and data files.
What is the highest current transfers, payments recorded in North Africa?
The highest recorded value was 2.99 billion BoP, current US$ in 2004.
What is the lowest current transfers, payments recorded in North Africa?
The lowest recorded value was 395.04 million BoP, current US$ in 1999.
How does North Africa rank for current transfers, payments?
North Africa ranks 6th out of 6 groups with data for 2007.
Is current transfers, payments rising or falling in North Africa?
Over the last ten years it is up 88.4%. The long-run trend across the full record is volatile.
Where does this North Africa data come from?
The figures come from International Monetary Fund, Balance of Payments Statistics Yearbook and data files, published as part of Current transfers, payments (BoP, current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Current transfers, payments (BoP, current US$)
Unit
BoP, current US$
Source
International Monetary Fund, Balance of Payments Statistics Yearbook and data files
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
45 places, 387 data points, 1977–2011
Last refreshed

Current transfers comprise transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Data are in current U.S. dollars.