Imports of goods and services, Percent of GDP (Balance of Payments) in SSA oil-importing countries
SSA oil-importing countries: Imports of goods and services, Percent of GDP (Balance of Payments) was 30.92 in 2027. ▲ Rising
Imports of goods and services, Percent of GDP (Balance of Payments) in SSA oil-importing countries, 2000–2027
Source: International Monetary Fund.
Analysis
In 2027, imports of goods and services, percent of gdp (balance of payments) in SSA oil-importing countries stood at 30.92.
The figure is down 1.3% on the previous year and up 7.4% over ten years.
Over the whole period, imports of goods and services, percent of gdp (balance of payments) in SSA oil-importing countries peaked at 34.02 in 2008 and was at its lowest, 22.71, in 2000.
The long-run direction has been consistently rising across the 28 years of available data.
Imports of goods and services, Percent of GDP (Balance of Payments) in SSA oil-importing countries, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 22.71 | — |
| 2001 | 24.22 | +6.6% |
| 2002 | 25.14 | +3.8% |
| 2003 | 23.86 | -5.1% |
| 2004 | 25.54 | +7.0% |
| 2005 | 26.76 | +4.8% |
| 2006 | 29.26 | +9.3% |
| 2007 | 30.84 | +5.4% |
| 2008 | 34.02 | +10.3% |
| 2009 | 28.6 | -15.9% |
| 2010 | 29.79 | +4.2% |
| 2011 | 32.09 | +7.7% |
| 2012 | 33.48 | +4.3% |
| 2013 | 33.73 | +0.7% |
| 2014 | 33.26 | -1.4% |
| 2015 | 32.13 | -3.4% |
| 2016 | 30.04 | -6.5% |
| 2017 | 28.8 | -4.1% |
| 2018 | 29.12 | +1.1% |
| 2019 | 28.29 | -2.9% |
| 2020 | 26.1 | -7.8% |
| 2021 | 27.54 | +5.5% |
| 2022 | 31.95 | +16.0% |
| 2023 | 30.81 | -3.6% |
| 2024 | 30.5 | -1.0% |
| 2025 | 30.59 | +0.3% |
| 2026 | 31.31 | +2.4% |
| 2027 | 30.92 | -1.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 27.1 | 22.71 | 34.02 | 10 |
| 2010s | 31.08 | 28.29 | 33.73 | 10 |
| 2020s | 29.97 | 26.1 | 31.95 | 8 |
Countries ranked near SSA oil-importing countries
- 2 Lesotho 78.12 compare
- 3 Liberia 73.13 compare
- 4 Mozambique 72.55 compare
- 5 South Sudan 71.95 compare
- 6 Namibia 60.53 compare
- 7 Gambia 60.46 compare
- 8 Cape Verde 57.32 compare
More trade data for SSA oil-importing countries
Frequently asked questions
- What is imports of goods and services, percent of gdp (balance of payments) in SSA oil-importing countries?
- Imports of goods and services, percent of gdp (balance of payments) in SSA oil-importing countries was 30.92 in 2027, according to International Monetary Fund.
- What is the highest imports of goods and services, percent of gdp (balance of payments) recorded in SSA oil-importing countries?
- The highest recorded value was 34.02 in 2008.
- What is the lowest imports of goods and services, percent of gdp (balance of payments) recorded in SSA oil-importing countries?
- The lowest recorded value was 22.71 in 2000.
- How does SSA oil-importing countries rank for imports of goods and services, percent of gdp (balance of payments)?
- SSA oil-importing countries ranks 5th out of 19 groups with data for 2027.
- Is imports of goods and services, percent of gdp (balance of payments) rising or falling in SSA oil-importing countries?
- Over the last ten years it is up 7.4%. The long-run trend across the full record is rising.
- Where does this SSA oil-importing countries data come from?
- The figures come from International Monetary Fund, published as part of Imports of goods and services, Percent of GDP (Balance of Payments and International Investment Position Manual, Sixth Edition (BPM6)). Statizoid updates them automatically from the source API.
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About this data
Sub-Saharan Africa Regional Economic Outlook (REO) provides information on recent economic developments and prospects for countries in sub-Saharan Africa. Data for the REO for sub-Saharan Africa are prepared in conjunction with the semi-annual World Economic Outlook (WEO) exercises, spring and fall.