Net income in Africa
Africa: Net income was -4.2% in 2006. ▼ Falling
Net income in Africa, 1970–2006
Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files. World Bank GDP estimates are used for the denominator. Measured in % of GDP.
Analysis
In 2006, net income in Africa stood at -4.2%.
That represents a change of up 5.5% on the previous year and down 33.7% over ten years.
Over the whole period, net income in Africa peaked at -1.0% in 1975 and was at its lowest, -4.4%, in 2005.
The long-run direction has been consistently falling across the 37 years of available data.
Net income in Africa, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | -1.8% | — |
| 1971 | -1.9% | +5.7% |
| 1972 | -1.5% | -20.1% |
| 1973 | -1.9% | +22.7% |
| 1974 | -1.0% | -43.6% |
| 1975 | -1.0% | -5.9% |
| 1976 | -1.9% | +96.1% |
| 1977 | -3.3% | +69.8% |
| 1978 | -2.8% | -13.1% |
| 1979 | -3.3% | +16.6% |
| 1980 | -3.4% | +3.5% |
| 1981 | -3.0% | -13.9% |
| 1982 | -3.1% | +6.2% |
| 1983 | -3.3% | +4.2% |
| 1984 | -3.4% | +5.0% |
| 1985 | -3.8% | +10.9% |
| 1986 | -3.7% | -2.2% |
| 1987 | -3.3% | -11.6% |
| 1988 | -3.6% | +8.0% |
| 1989 | -3.6% | +2.5% |
| 1990 | -4.1% | +13.4% |
| 1991 | -4.0% | -2.0% |
| 1992 | -3.4% | -16.1% |
| 1993 | -3.4% | -0.0% |
| 1994 | -3.4% | +0.2% |
| 1995 | -3.3% | -3.5% |
| 1996 | -3.1% | -4.7% |
| 1997 | -2.7% | -14.0% |
| 1998 | -2.6% | -3.6% |
| 1999 | -3.0% | +15.6% |
| 2000 | -3.7% | +23.4% |
| 2001 | -3.3% | -11.6% |
| 2002 | -3.8% | +16.0% |
| 2003 | -3.9% | +3.1% |
| 2004 | -4.1% | +4.8% |
| 2005 | -4.4% | +8.1% |
| 2006 | -4.2% | -5.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -2.0% | -3.3% | -1.0% | 10 |
| 1980s | -3.4% | -3.8% | -3.0% | 10 |
| 1990s | -3.3% | -4.1% | -2.6% | 10 |
| 2000s | -3.9% | -4.4% | -3.3% | 7 |
Countries ranked near Africa
More trade data for Africa
- Milking, dairy machinery (trade) — Import Value 64,599 1000 USD (2007)
- Milking, dairy machinery (trade) — Export Value 2,418 1000 USD (2007)
- Ploughs (e.g. reversible and non-reversible ploughs) — Import Value 12,951 1000 USD (2007)
- Pedestrian controlled tractors (single axle tractors) — Import Value 20,251 1000 USD (2007)
- Net long-term borrowing 496.17 million BoP, current US$ (2011)
- Pesticides imports 992.27 million FAO, current US$ (2011)
- Manure spreaders and Fertiliser distributors — Import Value 8,033 1000 USD (2007)
- Food imports excluding fish 51.61 billion FAO, current US$ (2010)
- Total agricultural imports 62.76 billion FAO, current US$ (2010)
- Cereal imports 18.44 billion FAO, current US$ (2010)
Frequently asked questions
- What is net income in Africa?
- Net income in Africa was -4.2% in 2006, according to International Monetary Fund, Balance of Payments Statistics Yearbook and data files. World Bank GDP estimates are used for the denominator.
- What is the highest net income recorded in Africa?
- The highest recorded value was -1.0% in 1975.
- What is the lowest net income recorded in Africa?
- The lowest recorded value was -4.4% in 2005.
- How does Africa rank for net income?
- Africa ranks 2nd out of 4 groups with data for 2006.
- Is net income rising or falling in Africa?
- Over the last ten years it is down 33.7%. The long-run trend across the full record is falling.
- Where does this Africa data come from?
- The figures come from International Monetary Fund, Balance of Payments Statistics Yearbook and data files. World Bank GDP estimates are used for the denominator, published as part of Net income (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Net income refers to receipts and payments of employee compensation paid to nonresident workers and investment income (receipts and payments on direct investment, portfolio investment, other investments, and receipts on reserve assets). Income derived from the use of intangible assets is recorded under business services. Data are in current U.S. dollars.