Official current transfers, net (BoP, current US$) in North Africa
North Africa: Official current transfers, net (BoP, current US$) was 929.33 million BoP, current US$ in 1999. ◆ Volatile
Official current transfers, net in North Africa, 1977–1999
Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files. Measured in BoP, current US$.
Analysis
The most recent figure for official current transfers, net in North Africa is 929.33 million BoP, current US$, measured in 1999.
Compared with earlier readings it is down 32.4% on the previous year and down 23.5% over ten years.
Over the whole period, official current transfers, net in North Africa peaked at 3.61 billion BoP, current US$ in 1990 and was at its lowest, -35.74 million BoP, current US$, in 1982.
The series is highly variable year to year, so single readings are best treated with caution.
Official current transfers, net (BoP, current US$) in North Africa, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1977 | 320.19 million BoP, current US$ | — |
| 1978 | 256.46 million BoP, current US$ | -19.9% |
| 1979 | 17.56 million BoP, current US$ | -93.2% |
| 1980 | 88.86 million BoP, current US$ | +406.0% |
| 1981 | -30.18 million BoP, current US$ | -134.0% |
| 1982 | -35.74 million BoP, current US$ | +18.4% |
| 1983 | 798.40 million BoP, current US$ | -2333.6% |
| 1984 | 980.13 million BoP, current US$ | +22.8% |
| 1985 | 1.17 billion BoP, current US$ | +19.0% |
| 1986 | 1.01 billion BoP, current US$ | -13.3% |
| 1987 | 1.02 billion BoP, current US$ | +1.3% |
| 1988 | 908.24 million BoP, current US$ | -11.3% |
| 1989 | 1.21 billion BoP, current US$ | +33.8% |
| 1990 | 3.61 billion BoP, current US$ | +197.2% |
| 1991 | 3.04 billion BoP, current US$ | -15.9% |
| 1994 | 1.19 billion BoP, current US$ | -60.7% |
| 1995 | 1.10 billion BoP, current US$ | -7.8% |
| 1998 | 1.38 billion BoP, current US$ | +25.1% |
| 1999 | 929.33 million BoP, current US$ | -32.4% |
Biggest year-on-year movements
Years where Official current transfers, net (BoP, current US$) in North Africa changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1983 | +2333.6% | -35.74 million BoP, current US$ | 798.40 million BoP, current US$ |
| 1980 | +406.0% | 17.56 million BoP, current US$ | 88.86 million BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 198.07 million BoP, current US$ | 17.56 million BoP, current US$ | 320.19 million BoP, current US$ | 3 |
| 1980s | 712.62 million BoP, current US$ | -35.74 million BoP, current US$ | 1.21 billion BoP, current US$ | 10 |
| 1990s | 1.87 billion BoP, current US$ | 929.33 million BoP, current US$ | 3.61 billion BoP, current US$ | 6 |
Countries ranked near North Africa
More trade data for North Africa
- Net long-term borrowing 758.90 million BoP, current US$ (2011)
- Pesticides imports 148.36 million FAO, current US$ (2011)
- Cereal imports 8.63 billion FAO, current US$ (2010)
- Total agricultural imports 26.97 billion FAO, current US$ (2010)
- Food imports excluding fish 22.64 billion FAO, current US$ (2010)
- Cereal imports quantity 36.58 million FAO, tonnes (2010)
- Total agricultural exports 5.78 billion FAO, current US$ (2010)
- Cereal exports quantity 495,830 FAO, tonnes (2010)
- Cereal exports 187.33 million FAO, current US$ (2010)
- Merchandise exports, WB 188.13 billion current US$ (2011)
Frequently asked questions
- What is official current transfers, net in North Africa?
- Official current transfers, net in North Africa was 929.33 million BoP, current US$ in 1999, according to International Monetary Fund, Balance of Payments Statistics Yearbook and data files.
- What is the highest official current transfers, net recorded in North Africa?
- The highest recorded value was 3.61 billion BoP, current US$ in 1990.
- What is the lowest official current transfers, net recorded in North Africa?
- The lowest recorded value was -35.74 million BoP, current US$ in 1982.
- How does North Africa rank for official current transfers, net?
- North Africa ranks 4th out of 4 groups with data for 1999.
- Is official current transfers, net rising or falling in North Africa?
- Over the last ten years it is down 23.5%. The long-run trend across the full record is volatile.
- Where does this North Africa data come from?
- The figures come from International Monetary Fund, Balance of Payments Statistics Yearbook and data files, published as part of Official current transfers, net (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
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.