Private current transfers, net in Sub-Saharan Africa

Sub-Saharan Africa: Private current transfers, net was 31.72 billion BoP, current US$ in 2010. ▲ Rising

Latest (2010)
31.72 billion BoP, current US$
Change on year
up 8.8%
Rank
2nd
of 6 groups
All-time high
31.72 billion BoP, current US$
in 2010
All-time low
22.07 billion BoP, current US$
in 2005
Years of data
6
2005–2010

Private current transfers, net in Sub-Saharan Africa, 2005–2010

010.0B20.0B30.0B2005200720102005: 22.1B BoP, current US$2006: 24.9B BoP, current US$2007: 28.3B BoP, current US$2008: 30.9B BoP, current US$2009: 29.2B BoP, current US$2010: 31.7B BoP, current US$

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files. Measured in BoP, current US$.

Analysis

The most recent figure for private current transfers, net in Sub-Saharan Africa is 31.72 billion BoP, current US$, measured in 2010. That is the highest value across all 6 years on record.

Compared with earlier readings it is up 8.8% on the previous year and up 43.7% over ten years.

Averages by decade

DecadeAverage LowestHighest Years
2000s 27.07 billion BoP, current US$ 22.07 billion BoP, current US$ 30.93 billion BoP, current US$ 5
2010s 31.72 billion BoP, current US$ 31.72 billion BoP, current US$ 31.72 billion BoP, current US$ 1

Countries ranked near Sub-Saharan Africa

  1. 1 Nigeria 20.09 billion BoP, current US$ compare
  2. 2 Egypt 14.11 billion BoP, current US$ compare
  3. 3 Morocco 7.80 billion BoP, current US$ compare
  4. 4 Ethiopia 3.45 billion BoP, current US$ compare
  5. 5 Kenya 2.92 billion BoP, current US$ compare

See the full ranking of 43 places →

More trade data for Sub-Saharan Africa

All data for Sub-Saharan Africa →

Frequently asked questions

What is private current transfers, net in Sub-Saharan Africa?
Private current transfers, net in Sub-Saharan Africa was 31.72 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 Sub-Saharan Africa?
The highest recorded value was 31.72 billion BoP, current US$ in 2010.
What is the lowest private current transfers, net recorded in Sub-Saharan Africa?
The lowest recorded value was 22.07 billion BoP, current US$ in 2005.
How does Sub-Saharan Africa rank for private current transfers, net?
Sub-Saharan Africa ranks 2nd out of 6 groups with data for 2010.
Is private current transfers, net rising or falling in Sub-Saharan Africa?
Over the last ten years it is up 43.7%. The long-run trend across the full record is rising.
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 Private current transfers, net (BoP, current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Private current transfers, net (BoP, current US$)
Unit
BoP, current US$
Source
International Monetary Fund, Balance of Payments Statistics Yearbook and data files
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
43 places, 285 data points, 2005–2011
Last refreshed

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.