Services, Debit/Expenditure in Sub-Saharan Africa (SSA)
Sub-Saharan Africa (SSA): Services, Debit/Expenditure was 137.40 billion in 2024. β² Rising
Services, Debit/Expenditure in Sub-Saharan Africa (SSA), 2005β2024
Source: International Monetary Fund.
Analysis
In 2024, services, debit/expenditure in Sub-Saharan Africa (SSA) stood at 137.40 billion. That is the highest value across all 20 years on record.
Compared with earlier readings it is up 1.2% on the previous year and up 3.5% over ten years.
Over the whole period, services, debit/expenditure in Sub-Saharan Africa (SSA) peaked at 137.40 billion in 2024 and was at its lowest, 50.69 billion, in 2005.
The long-run direction has been consistently rising across the 20 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 79.41 billion | 50.69 billion | 104.66 billion | 5 |
| 2010s | 119.22 billion | 96.76 billion | 133.99 billion | 10 |
| 2020s | 122.65 billion | 101.44 billion | 137.40 billion | 5 |
Countries ranked near Sub-Saharan Africa (SSA)
More trade data for Sub-Saharan Africa (SSA)
- Total current account debit/expenditure, Debit/Expenditure 665.62 billion (2024)
- Goods, Debit/Expenditure 417.25 billion (2024)
- Primary income, Debit/Expenditure 91.52 billion (2024)
- Secondary income, Debit/Expenditure 19.44 billion (2024)
- Total capital account debit/expenditure, Debit/Expenditure 351.92 million (2024)
Frequently asked questions
- What is services, debit/expenditure in Sub-Saharan Africa (SSA)?
- Services, debit/expenditure in Sub-Saharan Africa (SSA) was 137.40 billion in 2024, according to International Monetary Fund.
- What is the highest services, debit/expenditure recorded in Sub-Saharan Africa (SSA)?
- The highest recorded value was 137.40 billion in 2024.
- What is the lowest services, debit/expenditure recorded in Sub-Saharan Africa (SSA)?
- The lowest recorded value was 50.69 billion in 2005.
- How does Sub-Saharan Africa (SSA) rank for services, debit/expenditure?
- Sub-Saharan Africa (SSA) ranks 9th out of 9 groups with data for 2024.
- Is services, debit/expenditure rising or falling in Sub-Saharan Africa (SSA)?
- Over the last ten years it is up 3.5%. The long-run trend across the full record is rising.
- Where does this Sub-Saharan Africa (SSA) data come from?
- The figures come from International Monetary Fund, published as part of Services, Debit/Expenditure (US dollar). Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 20 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.