Private current transfers, net in Africa
Africa: Private current transfers, net was 53.64 billion BoP, current US$ in 2010. ▲ Rising
Private current transfers, net in Africa, 2005–2010
Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files. Measured in BoP, current US$.
Analysis
In 2010, private current transfers, net in Africa stood at 53.64 billion BoP, current US$. That is the highest value across all 6 years on record.
Compared with earlier readings it is up 16.4% on the previous year and up 52.9% over ten years.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 43.34 billion BoP, current US$ | 35.09 billion BoP, current US$ | 50.60 billion BoP, current US$ | 5 |
| 2010s | 53.64 billion BoP, current US$ | 53.64 billion BoP, current US$ | 53.64 billion BoP, current US$ | 1 |
Countries ranked near Africa
More trade data for Africa
- Net long-term borrowing 496.17 million BoP, current US$ (2011)
- Pesticides imports 992.27 million FAO, current US$ (2011)
- 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)
- Total agricultural exports 35.30 billion FAO, current US$ (2010)
- Cereal exports 1.05 billion FAO, current US$ (2010)
- Cereal exports quantity 3.62 million FAO, tonnes (2010)
- Merchandise exports, WB 443.28 billion current US$ (2009)
Frequently asked questions
- What is private current transfers, net in Africa?
- Private current transfers, net in Africa was 53.64 billion BoP, current US$ in 2010, according to International Monetary Fund, Balance of Payments Statistics Yearbook and data files.
- What is the highest private current transfers, net recorded in Africa?
- The highest recorded value was 53.64 billion BoP, current US$ in 2010.
- What is the lowest private current transfers, net recorded in Africa?
- The lowest recorded value was 35.09 billion BoP, current US$ in 2005.
- How does Africa rank for private current transfers, net?
- Africa ranks 1st out of 6 groups with data for 2010.
- Is private current transfers, net rising or falling in Africa?
- Over the last ten years it is up 52.9%. The long-run trend across the full record is rising.
- 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 Private 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.