Current account balance — all countries

Current account balance — Sub-Saharan Africa

Current account balance in Sub-Saharan Africa in 2031 — -1.15%. Since 1980, the indicator has risen by 0.25 pp.

2031 -1.15% +0.1 pp vs 2030
World rank
Period maximum 2.75%2005
Period minimum -4.96%2015

Trend over time

1980–2031 · % of GDP

Current account balance — Sub-Saharan Africa, 1980–2031-6-4-202419801986199219982004201020162022202820311980: -1.39%1981: -4.18%1982: -3.4%1983: -1.87%1984: -1.75%1985: -0.48%1986: -1.48%1987: -0.58%1988: -2%1989: -1.79%1990: -0.7%1991: -1.73%1992: -1.27%1993: -1.23%1994: -1.59%1995: -1.96%1996: 0.03%1997: -1.25%1998: -2.42%1999: -1.75%2000: 0.97%2001: -0.63%2002: -0.65%2003: -0.45%2004: 0.75%2005: 2.75%2006: 2.3%2007: 0.85%2008: -0.06%2009: -2.25%2010: -0.73%2011: -0.7%2012: -1.91%2013: -2.23%2014: -3.2%2015: -4.96%2016: -3.24%2017: -1.97%2018: -1.99%2019: -2.74%2020: -2.65%2021: -0.91%2022: -2.12%2023: -2.45%2024: -1.37%2025: -1.05%2026: -0.77%2027: -1.31%2028: -1.42%2029: -1.29%2030: -1.25%2031: -1.15%
Change over the period: +0.25 pp Annual average: 0 pp

Comparison, 2031

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

Sub-Saharan Africa -1.15%
World computed 0.28%
Current account balance — Sub-Saharan Africa, by year Sub-Saharan Africa All countries CSV XLSX
Year % Change, pp
2031 -1.15 +0.1 pp
2030 -1.25 +0.05 pp
2029 -1.29 +0.13 pp
2028 -1.42 −0.11 pp
2027 -1.31 −0.54 pp
2026 -0.77 +0.28 pp
2025 -1.05 +0.31 pp
2024 -1.37 +1.09 pp
2023 -2.45 −0.34 pp
2022 -2.12 −1.2 pp
2021 -0.91 +1.74 pp
2020 -2.65 +0.09 pp
2019 -2.74 −0.75 pp
2018 -1.99 −0.03 pp
2017 -1.97 +1.28 pp
2016 -3.24 +1.72 pp
2015 -4.96 −1.75 pp
2014 -3.2 −0.98 pp
2013 -2.23 −0.32 pp
2012 -1.91 −1.21 pp
2011 -0.7 +0.03 pp
2010 -0.73 +1.52 pp
2009 -2.25 −2.19 pp
2008 -0.06 −0.9 pp
2007 0.85 −1.45 pp
2006 2.3 −0.45 pp
2005 2.75 +2 pp
2004 0.75 +1.2 pp
2003 -0.45 +0.2 pp
2002 -0.65 −0.02 pp
2001 -0.63 −1.6 pp
2000 0.97 +2.72 pp
1999 -1.75 +0.67 pp
1998 -2.42 −1.16 pp
1997 -1.25 −1.29 pp
1996 0.03 +2 pp
1995 -1.96 −0.37 pp
1994 -1.59 −0.36 pp
1993 -1.23 +0.04 pp
1992 -1.27 +0.46 pp
1991 -1.73 −1.03 pp
1990 -0.7 +1.09 pp
1989 -1.79 +0.21 pp
1988 -2 −1.42 pp
1987 -0.58 +0.9 pp
1986 -1.48 −1 pp
1985 -0.48 +1.27 pp
1984 -1.75 +0.12 pp
1983 -1.87 +1.54 pp
1982 -3.4 +0.78 pp
1981 -4.18 −2.79 pp
1980 -1.39

About the indicator

The current account balance of the balance of payments as a percent of GDP: trade in goods and services, primary income (interest, dividends, compensation of employees) and secondary income (transfers). A surplus means a country earns more abroad than it spends and is building up external assets; a persistent deficit has to be financed by an inflow of capital.

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