Current account balance (World Bank) — all countries

Current account balance (World Bank) — Sub-Saharan Africa

Current account balance (World Bank) in Sub-Saharan Africa in 2024 — -0.73%. Since 1980, the indicator has fallen by 1.92 pp.

2024 -0.73% +1.46 pp vs 2023
World rank
Period maximum 3.17%2005
Period minimum -5.64%2015

Trend over time

1980–2024 · % of GDP

Current account balance (World Bank) — Sub-Saharan Africa, 1980–2024-7.5-5-2.502.5519801985199019952000200520102015202020241980: 1.2%1981: -5.06%1982: -5.02%1983: -2.97%1984: -1.34%1985: 0.87%1986: -0.77%1987: 0.57%1988: -1.06%1989: -0.28%1990: 0.26%1991: -0.91%1992: -0.56%1993: -1%1994: -1.91%1995: -1.88%1996: -0.31%1997: -1.58%1998: -2.76%1999: -2.79%2000: 1.6%2001: -0.64%2002: -0.44%2003: -0.22%2004: 1.09%2005: 3.17%2006: 2.44%2007: 0.73%2008: -0.2%2009: -2.33%2010: -0.61%2011: -1.14%2012: -2.07%2013: -2.6%2014: -3.76%2015: -5.64%2016: -3.53%2017: -2.13%2018: -2.45%2019: -2.9%2020: -2.18%2021: -0.78%2022: -2.2%2023: -2.19%2024: -0.73%
Change over the period: −1.92 pp Annual average: -0.04 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Sub-Saharan Africa

Sub-Saharan Africa -0.73%
World computed 0.39%
Current account balance (World Bank) — Sub-Saharan Africa, by year Sub-Saharan Africa All countries CSV XLSX
Year % Change, pp
2024 -0.73 +1.46 pp
2023 -2.19 +0.01 pp
2022 -2.2 −1.42 pp
2021 -0.78 +1.4 pp
2020 -2.18 +0.71 pp
2019 -2.9 −0.44 pp
2018 -2.45 −0.32 pp
2017 -2.13 +1.4 pp
2016 -3.53 +2.11 pp
2015 -5.64 −1.88 pp
2014 -3.76 −1.16 pp
2013 -2.6 −0.52 pp
2012 -2.07 −0.93 pp
2011 -1.14 −0.53 pp
2010 -0.61 +1.71 pp
2009 -2.33 −2.13 pp
2008 -0.2 −0.93 pp
2007 0.73 −1.71 pp
2006 2.44 −0.73 pp
2005 3.17 +2.09 pp
2004 1.09 +1.31 pp
2003 -0.22 +0.22 pp
2002 -0.44 +0.2 pp
2001 -0.64 −2.24 pp
2000 1.6 +4.39 pp
1999 -2.79 −0.04 pp
1998 -2.76 −1.18 pp
1997 -1.58 −1.27 pp
1996 -0.31 +1.57 pp
1995 -1.88 +0.03 pp
1994 -1.91 −0.9 pp
1993 -1 −0.44 pp
1992 -0.56 +0.35 pp
1991 -0.91 −1.17 pp
1990 0.26 +0.54 pp
1989 -0.28 +0.79 pp
1988 -1.06 −1.63 pp
1987 0.57 +1.33 pp
1986 -0.77 −1.64 pp
1985 0.87 +2.21 pp
1984 -1.34 +1.63 pp
1983 -2.97 +2.04 pp
1982 -5.02 +0.05 pp
1981 -5.06 −6.26 pp
1980 1.2

About the indicator

The current account balance of the balance of payments as a percent of GDP from World Bank data. It duplicates the IMF indicator in meaning but rests on a different source and carries no forecast part — useful for cross-checking: noticeable divergences between the two series usually point to a revision of the statistics.

Source: World Development Indicators (World Bank), license CC BY 4.0.