Current transfers, payments in Sub-Saharan Africa excluding South Africa
Sub-Saharan Africa excluding South Africa: Current transfers, payments was 3.22 billion BoP, current US$ in 2005. ▲ Rising
Current transfers, payments in Sub-Saharan Africa excluding South Africa, 1978–2005
Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files. Measured in BoP, current US$.
Analysis
In 2005, current transfers, payments in Sub-Saharan Africa excluding South Africa stood at 3.22 billion BoP, current US$. That is the highest value across all 28 years on record.
Compared with earlier readings it is up 5.1% on the previous year and up 53.5% over ten years.
Over the whole period, current transfers, payments in Sub-Saharan Africa excluding South Africa peaked at 3.22 billion BoP, current US$ in 2005 and was at its lowest, 1.69 billion BoP, current US$, in 1978.
The long-run direction has been consistently rising across the 28 years of available data.
Current transfers, payments in Sub-Saharan Africa excluding South Africa, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1978 | 1.69 billion BoP, current US$ | — |
| 1979 | 2.29 billion BoP, current US$ | +35.6% |
| 1980 | 3.04 billion BoP, current US$ | +32.7% |
| 1981 | 2.63 billion BoP, current US$ | -13.6% |
| 1982 | 2.23 billion BoP, current US$ | -15.2% |
| 1983 | 2.15 billion BoP, current US$ | -3.4% |
| 1984 | 1.90 billion BoP, current US$ | -11.9% |
| 1985 | 1.90 billion BoP, current US$ | +0.2% |
| 1986 | 2.11 billion BoP, current US$ | +11.0% |
| 1987 | 2.19 billion BoP, current US$ | +4.0% |
| 1988 | 2.26 billion BoP, current US$ | +3.2% |
| 1989 | 2.05 billion BoP, current US$ | -9.4% |
| 1990 | 2.52 billion BoP, current US$ | +22.7% |
| 1991 | 2.43 billion BoP, current US$ | -3.3% |
| 1992 | 2.58 billion BoP, current US$ | +5.9% |
| 1993 | 2.16 billion BoP, current US$ | -16.3% |
| 1994 | 1.83 billion BoP, current US$ | -15.1% |
| 1995 | 2.10 billion BoP, current US$ | +14.4% |
| 1996 | 1.81 billion BoP, current US$ | -13.7% |
| 1997 | 2.01 billion BoP, current US$ | +11.2% |
| 1998 | 2.09 billion BoP, current US$ | +4.1% |
| 1999 | 2.39 billion BoP, current US$ | +14.5% |
| 2000 | 2.46 billion BoP, current US$ | +2.9% |
| 2001 | 2.45 billion BoP, current US$ | -0.5% |
| 2002 | 2.77 billion BoP, current US$ | +13.2% |
| 2003 | 3.16 billion BoP, current US$ | +14.0% |
| 2004 | 3.06 billion BoP, current US$ | -3.2% |
| 2005 | 3.22 billion BoP, current US$ | +5.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.99 billion BoP, current US$ | 1.69 billion BoP, current US$ | 2.29 billion BoP, current US$ | 2 |
| 1980s | 2.25 billion BoP, current US$ | 1.90 billion BoP, current US$ | 3.04 billion BoP, current US$ | 10 |
| 1990s | 2.19 billion BoP, current US$ | 1.81 billion BoP, current US$ | 2.58 billion BoP, current US$ | 10 |
| 2000s | 2.85 billion BoP, current US$ | 2.45 billion BoP, current US$ | 3.22 billion BoP, current US$ | 6 |
Countries ranked near Sub-Saharan Africa excluding South Africa
- 1 South Africa 3.51 billion BoP, current US$
- 2 Angola 1.48 billion BoP, current US$
- 3 Sudan 946.62 million BoP, current US$
- 4 Côte d'Ivoire 872.08 million BoP, current US$
- 5 Libya 680.80 million BoP, current US$
- 6 Algeria 664.93 million BoP, current US$
- 7 Nigeria 471.93 million BoP, current US$
More trade data for Sub-Saharan Africa excluding South Africa
- Net long-term borrowing -317.19 million BoP, current US$ (2011)
- Pesticides imports 508.37 million FAO, current US$ (2011)
- Total agricultural exports 23.40 billion FAO, current US$ (2010)
- Cereal imports 9.08 billion FAO, current US$ (2010)
- Cereal imports quantity 27.69 million FAO, tonnes (2010)
- Total agricultural imports 30.85 billion FAO, current US$ (2010)
- Food imports excluding fish 25.82 billion FAO, current US$ (2010)
- Cereal exports 498.27 million FAO, current US$ (2010)
- Cereal exports quantity 1.75 million FAO, tonnes (2010)
- Merchandise exports, WB 325.28 billion current US$ (2011)
Frequently asked questions
- What is current transfers, payments in Sub-Saharan Africa excluding South Africa?
- Current transfers, payments in Sub-Saharan Africa excluding South Africa was 3.22 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?
- The highest recorded value was 3.22 billion BoP, current US$ in 2005.
- What is the lowest current transfers, payments recorded in Sub-Saharan Africa excluding South Africa?
- The lowest recorded value was 1.69 billion BoP, current US$ in 1978.
- How does Sub-Saharan Africa excluding South Africa rank for current transfers, payments?
- Sub-Saharan Africa excluding South Africa ranks 4th out of 6 groups with data for 2005.
- Is current transfers, payments rising or falling in Sub-Saharan Africa excluding South Africa?
- Over the last ten years it is up 53.5%. The long-run trend across the full record is rising.
- Where does this Sub-Saharan Africa excluding South 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
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.