Net current transfers (% of GDP) by country

Net current transfers are recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. Data are in current U.S. dollars.

Countries reporting
41
Highest
78.8%
Liberia
Lowest
-2.5%
Libya
Median
6.6%
Years covered
7
2005–2011
Data points
272

What the numbers show

Net current transfers (% of GDP) is currently reported for 41 countries. The highest value is 78.8% in Liberia; the lowest is -2.5% in Libya.

The median across all reporting countries is 6.6%, and the mean is 8.8%.

The gap between the highest and lowest reporting country is a factor of about 31.

Over the past decade 22 countries rose and 17 fell. The largest increase was in Guinea (up 898.5%), and the largest decrease in Angola (down 1,594.3%).

Net current transfers: full country ranking

#Country LatestYear 10-year changeTrend
1 Liberia 78.8% 2011 down 45.2% falling
2 Lesotho 25.8% 2011 down 25.6% falling
3 Cape Verde 18.9% 2011 down 34.7% falling
4 Ethiopia 17.0% 2011 up 48.6% rising
5 Gambia 14.6% 2011 up 27.2% rising
6 Rwanda 13.7% 2011 down 3.1% rising
7 Senegal 12.1% 2010 up 39.1% rising
8 Burundi 11.3% 2011 down 47.1% falling
9 Togo 11.1% 2010 up 25.5% rising
10 Namibia 10.6% 2011 up 14.0% rising
11 Eswatini 10.3% 2010 up 172.4% rising
12 Malawi 10.2% 2011 up 2.8% rising
13 Uganda 9.3% 2011 down 17.0% falling
14 Kenya 9.2% 2011 up 38.0% rising
15 Nigeria 8.9% 2011 down 33.8% falling
16 Sierra Leone 8.4% 2011 down 0.8% rising
17 Niger 8.3% 2010 up 55.3% rising
18 Djibouti 8.2% 2009 falling
19 Morocco 8.1% 2011 down 10.3% falling
20 Guinea-Bissau 7.2% 2010 down 19.6% flat
21 Egypt 6.6% 2011 up 3.5% flat
22 Ghana 6.6% 2011 down 60.4% falling
23 Botswana 6.6% 2010 up 0.2% falling
24 Mozambique 6.2% 2011 up 1.7% flat
25 Mali 5.7% 2010 up 33.0% rising
26 Burkina Faso 5.3% 2010 up 24.5% rising
27 Sao Tome and Principe 4.1% 2011 up 35.9% volatile
28 Tunisia 4.1% 2011 up 0.6% flat
29 Tanzania 3.9% 2011 up 12.5% rising
30 Seychelles 3.3% 2011 down 3.5% flat
31 Guinea 2.7% 2011 up 898.5% volatile
32 Benin 2.4% 2010 down 37.3% falling
33 Zambia 2.0% 2011 up 32.1% flat
34 Sudan 1.7% 2011 down 64.5% volatile
35 Algeria 1.4% 2011 down 30.6% falling
36 Mauritius 1.2% 2011 up 20.3% rising
37 Cameroon 0.7% 2010 down 54.3% falling
38 South Africa -0.5% 2011 up 51.3% rising
39 Angola -1.3% 2011 down 1,594.3% volatile
40 Cote d'Ivoire -1.9% 2010 up 32.2% rising
41 Libya -2.5% 2009 volatile

About this data

Indicator
Net current transfers (% of GDP)
Unit
% of GDP
Source
International Monetary Fund, Balance of Payments Statistics Yearbook and data files. World Bank GDP estimates are used for the denominator
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
41 places, 272 data points, 2005–2011
Last refreshed

Net current transfers are recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. Data are in current U.S. dollars.