India vs Sub-Saharan Africa (SSA): Services balance (credit less debit), Net (credits less debits)
India
178.20 billion
in 2024
Sub-Saharan Africa (SSA)
-55.97 billion
in 2024
India rank
3rd
Sub-Saharan Africa (SSA) rank
6th
Services balance (credit less debit), Net (credits less debits) over time
- India
- Sub-Saharan Africa (SSA)
How they compare
India currently reports 178.20 billion against -55.97 billion in Sub-Saharan Africa (SSA), a difference of 234.18 billion.
That makes India's figure about 3.2 times Sub-Saharan Africa (SSA)'s.
Across all 20 years both countries report, India has been ahead every year.
India ranks 3rd and Sub-Saharan Africa (SSA) ranks 6th of 197 countries.
India has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | India | Sub-Saharan Africa (SSA) | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 24.53 billion | -41.99 billion | 66.53 billion | India |
| 2010s | 69.15 billion | -60.81 billion | 129.96 billion | India |
| 2020s | 131.93 billion | -57.03 billion | 188.96 billion | India |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher services balance (credit less debit), net (credits less debits), India or Sub-Saharan Africa (SSA)?
- India, at 178.20 billion against -55.97 billion in Sub-Saharan Africa (SSA) as of 2024.
- What is the difference in services balance (credit less debit), net (credits less debits) between India and Sub-Saharan Africa (SSA)?
- 234.18 billion, with India ahead.
- How many years of comparable data are there for India and Sub-Saharan Africa (SSA)?
- 20 years are reported by both, from 2005 to 2024.
- How do India and Sub-Saharan Africa (SSA) rank globally for services balance (credit less debit), net (credits less debits)?
- India ranks 3rd and Sub-Saharan Africa (SSA) ranks 6th of 197 countries.
- Where does this data come from?
- International Monetary Fund, published as Services balance (credit less debit), Net (credits less debits) (US dollar). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
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.