Current account balance in US dollars — all countries

Current account balance in US dollars — Western Africa

Current account balance in US dollars in Western Africa in 2031 — 13.54 bn US$. Since 1980, the indicator has risen by 630.5%.

2031 13.54 bn US$ +7.36% vs 2030
World rank
Period maximum 33.45 bn US$2006
Period minimum -28.78 bn US$2020

Trend over time

1980–2031 · billion US$

Current account balance in US dollars — Western Africa, 1980–2031-40-200204019801986199219982004201020162022202820311980: 1.85 bn US$1981: -9.82 bn US$1982: -10 bn US$1983: -6.26 bn US$1984: -0.56 bn US$1985: 1.72 bn US$1986: -1.01 bn US$1987: -2.09 bn US$1988: -3.02 bn US$1989: -0.88 bn US$1990: 2.19 bn US$1991: -1.55 bn US$1992: -0.46 bn US$1993: -3.44 bn US$1994: -3.39 bn US$1995: -4.67 bn US$1996: 1.33 bn US$1997: -1.48 bn US$1998: -6.67 bn US$1999: -2.39 bn US$2000: 5.05 bn US$2001: 0.4 bn US$2002: 0.4 bn US$2003: 1.49 bn US$2004: 13.41 bn US$2005: 31.86 bn US$2006: 33.45 bn US$2007: 20.56 bn US$2008: 18.51 bn US$2009: 7.75 bn US$2010: 5.28 bn US$2011: 1.84 bn US$2012: 3.46 bn US$2013: 3.75 bn US$2014: -12.4 bn US$2015: -27.77 bn US$2016: -7.27 bn US$2017: 2.24 bn US$2018: -7.78 bn US$2019: -26.69 bn US$2020: -28.78 bn US$2021: -17.55 bn US$2022: -22.23 bn US$2023: -18.68 bn US$2024: 0.78 bn US$2025: 12.08 bn US$2026: 25.79 bn US$2027: 15.83 bn US$2028: 12.56 bn US$2029: 14.38 bn US$2030: 12.61 bn US$2031: 13.54 bn US$
Change over the period: +11.69 (+630.47%) Average annual rate: 3.98 %

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: Western Africa

Western Africa 13.54 bn US$
World computed 458.47 bn US$
Current account balance in US dollars — Western Africa, by year Western Africa All countries CSV XLSX
Year bn US$ Change Change, %
2031 13.54 +0.93 +7.36%
2030 12.61 −1.77 −12.28%
2029 14.38 +1.82 +14.53%
2028 12.56 −3.28 −20.7%
2027 15.83 −9.96 −38.6%
2026 25.79 +13.71 +113.54%
2025 12.08 +11.3 +1,452.31%
2024 0.78 +19.46 +104.16%
2023 -18.68 +3.55 +15.96%
2022 -22.23 −4.68 −26.69%
2021 -17.55 +11.23 +39.03%
2020 -28.78 −2.09 −7.84%
2019 -26.69 −18.9 −242.84%
2018 -7.78 −10.02 −447.81%
2017 2.24 +9.51 +130.78%
2016 -7.27 +20.5 +73.81%
2015 -27.77 −15.37 −123.93%
2014 -12.4 −16.15 −430.49%
2013 3.75 +0.3 +8.53%
2012 3.46 +1.62 +87.68%
2011 1.84 −3.44 −65.11%
2010 5.28 −2.47 −31.84%
2009 7.75 −10.76 −58.14%
2008 18.51 −2.05 −9.98%
2007 20.56 −12.9 −38.55%
2006 33.45 +1.6 +5.01%
2005 31.86 +18.44 +137.49%
2004 13.41 +11.93 +802.08%
2003 1.49 +1.09 +272.68%
2002 0.4 +0 +0.5%
2001 0.4 −4.65 −92.14%
2000 5.05 +7.44 +311.48%
1999 -2.39 +4.28 +64.21%
1998 -6.67 −5.19 −350.3%
1997 -1.48 −2.81 −211.61%
1996 1.33 +6 +128.42%
1995 -4.67 −1.29 −37.96%
1994 -3.39 +0.05 +1.46%
1993 -3.44 −2.98 −651.64%
1992 -0.46 +1.09 +70.48%
1991 -1.55 −3.73 −170.85%
1990 2.19 +3.06 +348.86%
1989 -0.88 +2.14 +70.89%
1988 -3.02 −0.93 −44.65%
1987 -2.09 −1.08 −106.44%
1986 -1.01 −2.73 −158.79%
1985 1.72 +2.28 +407.89%
1984 -0.56 +5.7 +91.08%
1983 -6.26 +3.74 +37.43%
1982 -10 −0.18 −1.82%
1981 -9.82 −11.67 −629.61%
1980 1.85

About the indicator

The current account balance in billions of US dollars: trade in goods and services, income from investment and labor, and current transfers, all together. A positive value means a country exports capital, a negative one that it imports it. By definition the sum over all countries of the world should be zero, but in practice it fails to balance by several hundred billion: the discrepancy comes from countries recording the same flows differently.

Important: The same indicator as a percent of GDP is available separately, and for comparing countries it suits better. The absolute value is needed to see the scale of the flows in the world economy.

Source: World Economic Outlook (IMF), license IMF open data.