Current transfers, payments in Sub-Saharan Africa excluding South Africa and Nigeria
Sub-Saharan Africa excluding South Africa and Nigeria: Current transfers, payments was 3.20 billion BoP, current US$ in 2005. ▲ Rising
Current transfers, payments in Sub-Saharan Africa excluding South Africa and Nigeria, 1978–2005
Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files. Measured in BoP, current US$.
Analysis
The most recent figure for current transfers, payments in Sub-Saharan Africa excluding South Africa and Nigeria is 3.20 billion BoP, current US$, measured in 2005. That is the highest value across all 28 years on record.
That represents a change of up 5.2% on the previous year and up 53.0% over ten years.
Over the whole period, current transfers, payments in Sub-Saharan Africa excluding South Africa and Nigeria peaked at 3.20 billion BoP, current US$ in 2005 and was at its lowest, 1.41 billion BoP, current US$, in 1978.
The long-run direction has been consistently rising across the 28 years of available data.
Current transfers, payments in Sub-Saharan Africa excluding South Africa and Nigeria, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1978 | 1.41 billion BoP, current US$ | — |
| 1979 | 1.88 billion BoP, current US$ | +33.5% |
| 1980 | 2.43 billion BoP, current US$ | +29.3% |
| 1981 | 2.04 billion BoP, current US$ | -16.4% |
| 1982 | 1.77 billion BoP, current US$ | -12.9% |
| 1983 | 1.74 billion BoP, current US$ | -1.8% |
| 1984 | 1.55 billion BoP, current US$ | -11.0% |
| 1985 | 1.61 billion BoP, current US$ | +3.8% |
| 1986 | 1.96 billion BoP, current US$ | +21.6% |
| 1987 | 2.17 billion BoP, current US$ | +10.6% |
| 1988 | 2.23 billion BoP, current US$ | +2.7% |
| 1989 | 2.02 billion BoP, current US$ | -9.2% |
| 1990 | 2.43 billion BoP, current US$ | +20.4% |
| 1991 | 2.30 billion BoP, current US$ | -5.5% |
| 1992 | 2.51 billion BoP, current US$ | +9.2% |
| 1993 | 2.11 billion BoP, current US$ | -16.0% |
| 1994 | 1.78 billion BoP, current US$ | -15.8% |
| 1995 | 2.09 billion BoP, current US$ | +17.5% |
| 1996 | 1.81 billion BoP, current US$ | -13.6% |
| 1997 | 2.01 billion BoP, current US$ | +11.1% |
| 1998 | 2.09 billion BoP, current US$ | +4.0% |
| 1999 | 2.38 billion BoP, current US$ | +14.3% |
| 2000 | 2.45 billion BoP, current US$ | +2.8% |
| 2001 | 2.45 billion BoP, current US$ | -0.3% |
| 2002 | 2.77 billion BoP, current US$ | +13.1% |
| 2003 | 3.15 billion BoP, current US$ | +14.0% |
| 2004 | 3.04 billion BoP, current US$ | -3.6% |
| 2005 | 3.20 billion BoP, current US$ | +5.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.65 billion BoP, current US$ | 1.41 billion BoP, current US$ | 1.88 billion BoP, current US$ | 2 |
| 1980s | 1.95 billion BoP, current US$ | 1.55 billion BoP, current US$ | 2.43 billion BoP, current US$ | 10 |
| 1990s | 2.15 billion BoP, current US$ | 1.78 billion BoP, current US$ | 2.51 billion BoP, current US$ | 10 |
| 2000s | 2.84 billion BoP, current US$ | 2.45 billion BoP, current US$ | 3.20 billion BoP, current US$ | 6 |
Countries ranked near Sub-Saharan Africa excluding South Africa and Nigeria
More trade data for Sub-Saharan Africa excluding South Africa and Nigeria
- Net long-term borrowing -317.19 million BoP, current US$ (2011)
- Pesticides imports 508.37 million FAO, current US$ (2011)
- Total agricultural exports 22.24 billion FAO, current US$ (2010)
- Total agricultural imports 25.21 billion FAO, current US$ (2010)
- Food imports excluding fish 20.68 billion FAO, current US$ (2010)
- Cereal imports quantity 21.82 million FAO, tonnes (2010)
- Cereal imports 7.21 billion FAO, current US$ (2010)
- Cereal exports quantity 1.75 million FAO, tonnes (2010)
- Cereal exports 498.17 million FAO, current US$ (2010)
- Merchandise exports, WB 233.04 billion current US$ (2011)
All data for Sub-Saharan Africa excluding South Africa and Nigeria →
Frequently asked questions
- What is current transfers, payments in Sub-Saharan Africa excluding South Africa and Nigeria?
- Current transfers, payments in Sub-Saharan Africa excluding South Africa and Nigeria was 3.20 billion BoP, current US$ in 2005, according to International Monetary Fund, Balance of Payments Statistics Yearbook and data files.
- What is the highest current transfers, payments recorded in Sub-Saharan Africa excluding South Africa and Nigeria?
- The highest recorded value was 3.20 billion BoP, current US$ in 2005.
- What is the lowest current transfers, payments recorded in Sub-Saharan Africa excluding South Africa and Nigeria?
- The lowest recorded value was 1.41 billion BoP, current US$ in 1978.
- How does Sub-Saharan Africa excluding South Africa and Nigeria rank for current transfers, payments?
- Sub-Saharan Africa excluding South Africa and Nigeria ranks 5th out of 6 groups with data for 2005.
- Is current transfers, payments rising or falling in Sub-Saharan Africa excluding South Africa and Nigeria?
- Over the last ten years it is up 53.0%. The long-run trend across the full record is rising.
- Where does this Sub-Saharan Africa excluding South Africa and Nigeria 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
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.