Current transfers, payments in Sub-Saharan Africa

Sub-Saharan Africa: Current transfers, payments was 52.47 billion BoP, current US$ in 2010. ▲ Rising

Latest (2010)
52.47 billion BoP, current US$
Change on year
up 7.7%
Rank
1st
of 6 groups
All-time high
52.47 billion BoP, current US$
in 2010
All-time low
33.04 billion BoP, current US$
in 2005
Years of data
6
2005–2010

Current transfers, payments in Sub-Saharan Africa, 2005–2010

020.0B40.0B60.0B2005200720102005: 33.0B BoP, current US$2006: 38.9B BoP, current US$2007: 45.0B BoP, current US$2008: 52.4B BoP, current US$2009: 48.7B BoP, current US$2010: 52.5B BoP, current US$

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

Analysis

In 2010, current transfers, payments in Sub-Saharan Africa stood at 52.47 billion BoP, current US$. That is the highest value across all 6 years on record.

The figure is up 7.7% on the previous year and up 58.8% over ten years.

Averages by decade

DecadeAverage LowestHighest Years
2000s 43.60 billion BoP, current US$ 33.04 billion BoP, current US$ 52.37 billion BoP, current US$ 5
2010s 52.47 billion BoP, current US$ 52.47 billion BoP, current US$ 52.47 billion BoP, current US$ 1

Countries ranked near Sub-Saharan Africa

  1. 1 South Africa 3.51 billion BoP, current US$ compare
  2. 2 Angola 1.48 billion BoP, current US$ compare
  3. 3 Sudan 946.62 million BoP, current US$ compare
  4. 4 Cote d'Ivoire 872.08 million BoP, current US$ compare

See the full ranking of 45 places →

More trade data for Sub-Saharan Africa

All data for Sub-Saharan Africa →

Frequently asked questions

What is current transfers, payments in Sub-Saharan Africa?
Current transfers, payments in Sub-Saharan Africa was 52.47 billion BoP, current US$ in 2010, 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?
The highest recorded value was 52.47 billion BoP, current US$ in 2010.
What is the lowest current transfers, payments recorded in Sub-Saharan Africa?
The lowest recorded value was 33.04 billion BoP, current US$ in 2005.
How does Sub-Saharan Africa rank for current transfers, payments?
Sub-Saharan Africa ranks 1st out of 6 groups with data for 2010.
Is current transfers, payments rising or falling in Sub-Saharan Africa?
Over the last ten years it is up 58.8%. The long-run trend across the full record is rising.
Where does this Sub-Saharan 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.