Net long-term borrowing in Africa
Africa: Net long-term borrowing was 496.17 million BoP, current US$ in 2011. ◆ Volatile
Latest (2011)
496.17 million BoP, current US$
Change on year
up 134.7%
Rank
2nd
of 6 groups
All-time high
496.17 million BoP, current US$
in 2011
All-time low
-2.25 billion BoP, current US$
in 2007
Years of data
52
1960–2011
Net long-term borrowing in Africa, 1960–2011
Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files. Measured in BoP, current US$.
Analysis
In 2011, net long-term borrowing in Africa stood at 496.17 million BoP, current US$. That is the highest value across all 52 years on record.
The figure is up 134.7% on the previous year and up 169.0% over ten years.
Over the whole period, net long-term borrowing in Africa peaked at 496.17 million BoP, current US$ in 2011 and was at its lowest, -2.25 billion BoP, current US$, in 2007.
The series is highly variable year to year, so single readings are best treated with caution.
Net long-term borrowing in Africa, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1960 | 0 BoP, current US$ | — |
| 1961 | 0 BoP, current US$ | — |
| 1962 | 0 BoP, current US$ | — |
| 1963 | 0 BoP, current US$ | — |
| 1964 | 0 BoP, current US$ | — |
| 1965 | 0 BoP, current US$ | — |
| 1966 | 0 BoP, current US$ | — |
| 1967 | 0 BoP, current US$ | — |
| 1968 | 0 BoP, current US$ | — |
| 1969 | 0 BoP, current US$ | — |
| 1970 | 0 BoP, current US$ | — |
| 1971 | 0 BoP, current US$ | — |
| 1972 | 0 BoP, current US$ | — |
| 1973 | 0 BoP, current US$ | — |
| 1974 | -9.03 million BoP, current US$ | — |
| 1975 | -82.11 million BoP, current US$ | +809.1% |
| 1976 | -55.48 million BoP, current US$ | -32.4% |
| 1977 | -801.04 million BoP, current US$ | +1343.9% |
| 1978 | -417.41 million BoP, current US$ | -47.9% |
| 1979 | -486.56 million BoP, current US$ | +16.6% |
| 1980 | -222.47 million BoP, current US$ | -54.3% |
| 1981 | -753.38 million BoP, current US$ | +238.6% |
| 1982 | -9.55 million BoP, current US$ | -98.7% |
| 1983 | -649.94 million BoP, current US$ | +6707.4% |
| 1984 | 65.25 million BoP, current US$ | -110.0% |
| 1985 | -176.40 million BoP, current US$ | -370.3% |
| 1986 | -145.19 million BoP, current US$ | -17.7% |
| 1987 | -65.43 million BoP, current US$ | -54.9% |
| 1988 | -1.21 billion BoP, current US$ | +1753.5% |
| 1989 | -803.51 million BoP, current US$ | -33.7% |
| 1990 | -120.30 million BoP, current US$ | -85.0% |
| 1991 | -245.41 million BoP, current US$ | +104.0% |
| 1992 | -109.27 million BoP, current US$ | -55.5% |
| 1993 | 119.54 million BoP, current US$ | -209.4% |
| 1994 | -360.96 million BoP, current US$ | -402.0% |
| 1995 | -715.77 million BoP, current US$ | +98.3% |
| 1996 | -210.40 million BoP, current US$ | -70.6% |
| 1997 | -95.60 million BoP, current US$ | -54.6% |
| 1998 | -558.20 million BoP, current US$ | +483.9% |
| 1999 | -1.36 billion BoP, current US$ | +143.4% |
| 2000 | -178.68 million BoP, current US$ | -86.8% |
| 2001 | -719.56 million BoP, current US$ | +302.7% |
| 2002 | -572.18 million BoP, current US$ | -20.5% |
| 2003 | -1.15 billion BoP, current US$ | +100.7% |
| 2004 | -386.03 million BoP, current US$ | -66.4% |
| 2005 | -1.04 billion BoP, current US$ | +170.2% |
| 2006 | -1.28 billion BoP, current US$ | +22.5% |
| 2007 | -2.25 billion BoP, current US$ | +76.3% |
| 2008 | -919.35 million BoP, current US$ | -59.2% |
| 2009 | -1.13 billion BoP, current US$ | +23.0% |
| 2010 | -1.43 billion BoP, current US$ | +26.4% |
| 2011 | 496.17 million BoP, current US$ | -134.7% |
Biggest year-on-year movements
Years where Net long-term borrowing in Africa changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1983 | -6707.4% | -9.55 million BoP, current US$ | -649.94 million BoP, current US$ |
| 1988 | -1753.5% | -65.43 million BoP, current US$ | -1.21 billion BoP, current US$ |
| 1977 | -1343.9% | -55.48 million BoP, current US$ | -801.04 million BoP, current US$ |
| 1975 | -809.1% | -9.03 million BoP, current US$ | -82.11 million BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0 BoP, current US$ | 0 BoP, current US$ | 0 BoP, current US$ | 10 |
| 1970s | -185.16 million BoP, current US$ | -801.04 million BoP, current US$ | 0 BoP, current US$ | 10 |
| 1980s | -397.34 million BoP, current US$ | -1.21 billion BoP, current US$ | 65.25 million BoP, current US$ | 10 |
| 1990s | -365.47 million BoP, current US$ | -1.36 billion BoP, current US$ | 119.54 million BoP, current US$ | 10 |
| 2000s | -962.88 million BoP, current US$ | -2.25 billion BoP, current US$ | -178.68 million BoP, current US$ | 10 |
| 2010s | -466.96 million BoP, current US$ | -1.43 billion BoP, current US$ | 496.17 million BoP, current US$ | 2 |
Countries ranked near Africa
- 1 Libya 642.00 million BoP, current US$ compare
- 2 Algeria 136.38 million BoP, current US$ compare
- 3 South Africa 54.46 million BoP, current US$ compare
- 4 Cape Verde 15.22 million BoP, current US$ compare
- 5 Mozambique 3.61 million BoP, current US$ compare
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)
- 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)
- Cereal imports quantity 66.37 million FAO, tonnes (2010)
Frequently asked questions
- What is net long-term borrowing in Africa?
- Net long-term borrowing in Africa was 496.17 million BoP, current US$ in 2011, according to International Monetary Fund, Balance of Payments Statistics Yearbook and data files.
- What is the highest net long-term borrowing recorded in Africa?
- The highest recorded value was 496.17 million BoP, current US$ in 2011.
- What is the lowest net long-term borrowing recorded in Africa?
- The lowest recorded value was -2.25 billion BoP, current US$ in 2007.
- How does Africa rank for net long-term borrowing?
- Africa ranks 2nd out of 6 groups with data for 2011.
- Is net long-term borrowing rising or falling in Africa?
- Over the last ten years it is up 169.0%. The long-run trend across the full record is volatile.
- Where does this Africa data come from?
- The figures come from International Monetary Fund, Balance of Payments Statistics Yearbook and data files, published as part of Net long-term borrowing (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Net long-term borrowing includes external debt disbursements less repayments due, plus other net long-term inflows. Data are in current U.S. dollars.