Private current transfers, receipts in Africa

Africa: Private current transfers, receipts was 61.71 billion BoP, current US$ in 2010. ▲ Rising

Latest (2010)
61.71 billion BoP, current US$
Change on year
up 13.2%
Rank
1st
of 6 groups
All-time high
61.71 billion BoP, current US$
in 2010
All-time low
39.52 billion BoP, current US$
in 2005
Years of data
6
2005–2010

Private current transfers, receipts in Africa, 2005–2010

020.0B40.0B60.0B2005200720102005: 39.5B BoP, current US$2006: 44.3B BoP, current US$2007: 52.9B BoP, current US$2008: 59.7B BoP, current US$2009: 54.5B BoP, current US$2010: 61.7B BoP, current US$

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, receipts in Africa is 61.71 billion BoP, current US$, measured in 2010. That is the highest value across all 6 years on record.

The figure is up 13.2% on the previous year and up 56.1% over ten years.

Averages by decade

DecadeAverage LowestHighest Years
2000s 50.18 billion BoP, current US$ 39.52 billion BoP, current US$ 59.69 billion BoP, current US$ 5
2010s 61.71 billion BoP, current US$ 61.71 billion BoP, current US$ 61.71 billion BoP, current US$ 1

Countries ranked near Africa

  1. 1 Nigeria 20.45 billion BoP, current US$ compare
  2. 2 Egypt 14.41 billion BoP, current US$ compare
  3. 3 Morocco 8.00 billion BoP, current US$ compare
  4. 4 Ethiopia 3.48 billion BoP, current US$ compare

See the full ranking of 45 places →

More trade data for Africa

All data for Africa →

Frequently asked questions

What is private current transfers, receipts in Africa?
Private current transfers, receipts in Africa was 61.71 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, receipts recorded in Africa?
The highest recorded value was 61.71 billion BoP, current US$ in 2010.
What is the lowest private current transfers, receipts recorded in Africa?
The lowest recorded value was 39.52 billion BoP, current US$ in 2005.
How does Africa rank for private current transfers, receipts?
Africa ranks 1st out of 6 groups with data for 2010.
Is private current transfers, receipts rising or falling in Africa?
Over the last ten years it is up 56.1%. 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, receipts (BoP, current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Private current transfers, receipts (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
45 places, 299 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.