Private current transfers, receipts (BoP, current US$) in Africa
Africa: Private current transfers, receipts (BoP, current US$) was 61.71 billion BoP, current US$ in 2010. ▲ Rising
Private current transfers, receipts in Africa, 2005–2010
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.
Private current transfers, receipts (BoP, current US$) in Africa, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2005 | 39.52 billion BoP, current US$ | — |
| 2006 | 44.27 billion BoP, current US$ | +12.0% |
| 2007 | 52.88 billion BoP, current US$ | +19.5% |
| 2008 | 59.69 billion BoP, current US$ | +12.9% |
| 2009 | 54.52 billion BoP, current US$ | -8.7% |
| 2010 | 61.71 billion BoP, current US$ | +13.2% |
Averages by decade
| Decade | Average | Lowest | Highest | 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
More trade data for Africa
- Milking, dairy machinery (trade) — Import Value 64,599 1000 USD (2007)
- Milking, dairy machinery (trade) — Export Value 2,418 1000 USD (2007)
- Ploughs (e.g. reversible and non-reversible ploughs) — Import Value 12,951 1000 USD (2007)
- Pedestrian controlled tractors (single axle tractors) — Import Value 20,251 1000 USD (2007)
- Net long-term borrowing 496.17 million BoP, current US$ (2011)
- Pesticides imports 992.27 million FAO, current US$ (2011)
- Manure spreaders and Fertiliser distributors — Import Value 8,033 1000 USD (2007)
- 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)
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
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.