Net long-term borrowing (BoP, current US$) in Sub-Saharan Africa
Sub-Saharan Africa: Net long-term borrowing (BoP, current US$) was -262.73 million BoP, current US$ in 2011. ◆ Volatile
Net long-term borrowing in Sub-Saharan Africa, 1960–2011
Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files. Measured in BoP, current US$.
Analysis
In 2011, net long-term borrowing in Sub-Saharan Africa stood at -262.73 million BoP, current US$.
Compared with earlier readings it is up 81.8% on the previous year and up 59.4% over ten years.
Over the whole period, net long-term borrowing in Sub-Saharan Africa peaked at 64.01 million BoP, current US$ in 1994 and was at its lowest, -1.45 billion BoP, current US$, in 2007.
The series is highly variable year to year, so single readings are best treated with caution.
Net long-term borrowing (BoP, current US$) in Sub-Saharan 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 | -13.75 million BoP, current US$ | +52.3% |
| 1976 | -41.08 million BoP, current US$ | +198.7% |
| 1977 | -160.61 million BoP, current US$ | +290.9% |
| 1978 | -35.75 million BoP, current US$ | -77.7% |
| 1979 | 15.48 million BoP, current US$ | -143.3% |
| 1980 | -30.00 million BoP, current US$ | -293.8% |
| 1981 | -48.49 million BoP, current US$ | +61.6% |
| 1982 | -85.00 million BoP, current US$ | +75.3% |
| 1983 | -274.56 million BoP, current US$ | +223.0% |
| 1984 | 2.58 million BoP, current US$ | -100.9% |
| 1985 | 20.43 million BoP, current US$ | +690.4% |
| 1986 | -46.22 million BoP, current US$ | -326.3% |
| 1987 | -12.75 million BoP, current US$ | -72.4% |
| 1988 | -18.34 million BoP, current US$ | +43.9% |
| 1989 | -696.95 million BoP, current US$ | +3701.2% |
| 1990 | -8.94 million BoP, current US$ | -98.7% |
| 1991 | -143.05 million BoP, current US$ | +1500.0% |
| 1992 | -106.97 million BoP, current US$ | -25.2% |
| 1993 | 38.66 million BoP, current US$ | -136.1% |
| 1994 | 64.01 million BoP, current US$ | +65.6% |
| 1995 | -519.44 million BoP, current US$ | -911.4% |
| 1996 | -439.98 million BoP, current US$ | -15.3% |
| 1997 | -400.45 million BoP, current US$ | -9.0% |
| 1998 | -326.66 million BoP, current US$ | -18.4% |
| 1999 | -511.59 million BoP, current US$ | +56.6% |
| 2000 | -157.68 million BoP, current US$ | -69.2% |
| 2001 | -646.66 million BoP, current US$ | +310.1% |
| 2002 | -601.38 million BoP, current US$ | -7.0% |
| 2003 | -584.82 million BoP, current US$ | -2.8% |
| 2004 | -381.93 million BoP, current US$ | -34.7% |
| 2005 | -908.79 million BoP, current US$ | +137.9% |
| 2006 | -1.18 billion BoP, current US$ | +30.3% |
| 2007 | -1.45 billion BoP, current US$ | +22.7% |
| 2008 | -883.94 million BoP, current US$ | -39.2% |
| 2009 | -937.70 million BoP, current US$ | +6.1% |
| 2010 | -1.44 billion BoP, current US$ | +53.8% |
| 2011 | -262.73 million BoP, current US$ | -81.8% |
Biggest year-on-year movements
Years where Net long-term borrowing (BoP, current US$) in Sub-Saharan Africa changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1989 | -3701.2% | -18.34 million BoP, current US$ | -696.95 million BoP, current US$ |
| 1991 | -1500.0% | -8.94 million BoP, current US$ | -143.05 million BoP, current US$ |
| 1995 | -911.4% | 64.01 million BoP, current US$ | -519.44 million BoP, current US$ |
| 1985 | +690.4% | 2.58 million BoP, current US$ | 20.43 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 | -24.47 million BoP, current US$ | -160.61 million BoP, current US$ | 15.48 million BoP, current US$ | 10 |
| 1980s | -118.93 million BoP, current US$ | -696.95 million BoP, current US$ | 20.43 million BoP, current US$ | 10 |
| 1990s | -235.44 million BoP, current US$ | -519.44 million BoP, current US$ | 64.01 million BoP, current US$ | 10 |
| 2000s | -774.05 million BoP, current US$ | -1.45 billion BoP, current US$ | -157.68 million BoP, current US$ | 10 |
| 2010s | -852.47 million BoP, current US$ | -1.44 billion BoP, current US$ | -262.73 million BoP, current US$ | 2 |
Countries ranked near Sub-Saharan 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
- 6 Morocco 26,930 BoP, current US$ compare
More trade data for Sub-Saharan Africa
- Pesticides imports 843.91 million FAO, current US$ (2011)
- Lead time to export, median case 9.32 days (2018)
- Food imports excluding fish 28.97 billion FAO, current US$ (2010)
- Total agricultural imports 35.79 billion FAO, current US$ (2010)
- Cereal imports 9.81 billion FAO, current US$ (2010)
- Cereal imports quantity 29.80 million FAO, tonnes (2010)
- Total agricultural exports 29.52 billion FAO, current US$ (2010)
- Cereal exports 865.33 million FAO, current US$ (2010)
- Cereal exports quantity 3.12 million FAO, tonnes (2010)
- Merchandise exports, WB 320.10 billion current US$ (2009)
Frequently asked questions
- What is net long-term borrowing in Sub-Saharan Africa?
- Net long-term borrowing in Sub-Saharan Africa was -262.73 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 Sub-Saharan Africa?
- The highest recorded value was 64.01 million BoP, current US$ in 1994.
- What is the lowest net long-term borrowing recorded in Sub-Saharan Africa?
- The lowest recorded value was -1.45 billion BoP, current US$ in 2007.
- How does Sub-Saharan Africa rank for net long-term borrowing?
- Sub-Saharan Africa ranks 3rd out of 6 groups with data for 2011.
- Is net long-term borrowing rising or falling in Sub-Saharan Africa?
- Over the last ten years it is up 59.4%. The long-run trend across the full record is volatile.
- 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 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.