Total current account debit/expenditure, Debit/Expenditure in Sub-Saharan Africa (SSA)
Sub-Saharan Africa (SSA): Total current account debit/expenditure, Debit/Expenditure was 665.62 billion in 2024. ▲ Rising
Total current account debit/expenditure, Debit/Expenditure in Sub-Saharan Africa (SSA), 2005–2024
Source: International Monetary Fund.
Analysis
The most recent figure for total current account debit/expenditure, debit/expenditure in Sub-Saharan Africa (SSA) is 665.62 billion, measured in 2024.
The figure is up 0.2% on the previous year and up 9.0% over ten years.
Over the whole period, total current account debit/expenditure, debit/expenditure in Sub-Saharan Africa (SSA) peaked at 680.72 billion in 2022 and was at its lowest, 241.52 billion, in 2005.
The long-run direction has been consistently rising across the 20 years of available data.
Total current account debit/expenditure, Debit/Expenditure in Sub-Saharan Africa (SSA), year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 241.52 billion | — |
| 2006 | 283.06 billion | +17.2% |
| 2007 | 367.57 billion | +29.9% |
| 2008 | 456.83 billion | +24.3% |
| 2009 | 387.02 billion | -15.3% |
| 2010 | 470.24 billion | +21.5% |
| 2011 | 575.33 billion | +22.3% |
| 2012 | 580.60 billion | +0.9% |
| 2013 | 600.56 billion | +3.4% |
| 2014 | 610.66 billion | +1.7% |
| 2015 | 521.49 billion | -14.6% |
| 2016 | 451.58 billion | -13.4% |
| 2017 | 491.96 billion | +8.9% |
| 2018 | 554.45 billion | +12.7% |
| 2019 | 572.36 billion | +3.2% |
| 2020 | 469.75 billion | -17.9% |
| 2021 | 564.48 billion | +20.2% |
| 2022 | 680.72 billion | +20.6% |
| 2023 | 664.59 billion | -2.4% |
| 2024 | 665.62 billion | +0.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 347.20 billion | 241.52 billion | 456.83 billion | 5 |
| 2010s | 542.92 billion | 451.58 billion | 610.66 billion | 10 |
| 2020s | 609.03 billion | 469.75 billion | 680.72 billion | 5 |
Countries ranked near Sub-Saharan Africa (SSA)
More trade data for Sub-Saharan Africa (SSA)
- Goods, Debit/Expenditure 417.25 billion (2024)
- Primary income, Debit/Expenditure 91.52 billion (2024)
- Services, Debit/Expenditure 137.40 billion (2024)
- Secondary income, Debit/Expenditure 19.44 billion (2024)
- Total capital account debit/expenditure, Debit/Expenditure 351.92 million (2024)
- Imports of goods and services, Percent of GDP (Balance of Payments) 28.16 (2027)
- Exports of goods and services, Percent of GDP (Balance of Payments) 27.95 (2027)
Frequently asked questions
- What is total current account debit/expenditure, debit/expenditure in Sub-Saharan Africa (SSA)?
- Total current account debit/expenditure, debit/expenditure in Sub-Saharan Africa (SSA) was 665.62 billion in 2024, according to International Monetary Fund.
- What is the highest total current account debit/expenditure, debit/expenditure recorded in Sub-Saharan Africa (SSA)?
- The highest recorded value was 680.72 billion in 2022.
- What is the lowest total current account debit/expenditure, debit/expenditure recorded in Sub-Saharan Africa (SSA)?
- The lowest recorded value was 241.52 billion in 2005.
- How does Sub-Saharan Africa (SSA) rank for total current account debit/expenditure, debit/expenditure?
- Sub-Saharan Africa (SSA) ranks 9th out of 9 groups with data for 2024.
- Is total current account debit/expenditure, debit/expenditure rising or falling in Sub-Saharan Africa (SSA)?
- Over the last ten years it is up 9.0%. 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 Total current account debit/expenditure, Debit/Expenditure (US dollar). Statizoid updates them automatically from the source API.
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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.