Capital account balance (credit less debit), Net (credits less debits) in Sub-Saharan Africa (SSA)
Sub-Saharan Africa (SSA): Capital account balance (credit less debit), Net (credits less debits) was 9.82 billion in 2024. ◆ Volatile
Capital account balance (credit less debit), Net (credits less debits) in Sub-Saharan Africa (SSA), 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, capital account balance (credit less debit), net (credits less debits) in Sub-Saharan Africa (SSA) stood at 9.82 billion.
Compared with earlier readings it is up 10.2% on the previous year and up 40.6% over ten years.
Over the whole period, capital account balance (credit less debit), net (credits less debits) in Sub-Saharan Africa (SSA) peaked at 41.19 billion in 2006 and was at its lowest, 5.54 billion, in 2022.
The series is highly variable year to year, so single readings are best treated with caution.
Capital account balance (credit less debit), Net (credits less debits) in Sub-Saharan Africa (SSA), year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 13.49 billion | — |
| 2006 | 41.19 billion | +205.4% |
| 2007 | 5.88 billion | -85.7% |
| 2008 | 7.44 billion | +26.4% |
| 2009 | 8.64 billion | +16.3% |
| 2010 | 23.84 billion | +175.8% |
| 2011 | 7.47 billion | -68.7% |
| 2012 | 15.55 billion | +108.1% |
| 2013 | 7.64 billion | -50.9% |
| 2014 | 6.99 billion | -8.5% |
| 2015 | 6.10 billion | -12.7% |
| 2016 | 5.88 billion | -3.7% |
| 2017 | 6.84 billion | +16.5% |
| 2018 | 7.42 billion | +8.4% |
| 2019 | 6.66 billion | -10.2% |
| 2020 | 7.55 billion | +13.3% |
| 2021 | 7.47 billion | -1.1% |
| 2022 | 5.54 billion | -25.7% |
| 2023 | 8.91 billion | +60.8% |
| 2024 | 9.82 billion | +10.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 15.33 billion | 5.88 billion | 41.19 billion | 5 |
| 2010s | 9.44 billion | 5.88 billion | 23.84 billion | 10 |
| 2020s | 7.86 billion | 5.54 billion | 9.82 billion | 5 |
Countries ranked near Sub-Saharan Africa (SSA)
More financial sector data for Sub-Saharan Africa (SSA)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 4.08 % change on previous year (2025)
- Reserves excluding gold, foreign exchange 141.23 billion SDR (2025)
- Reserves excluding gold 154.94 billion SDR (2025)
- Total reserves (gold at market value) 173.33 billion SDR (2025)
- Total reserves (gold at national valuation) 177.24 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), annual growth rate 8.03 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), annual growth rate 7.62 % change on previous year (2025)
- Reserves excluding gold (SDR), annual growth rate 3.4 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 3.92 % change on previous year (2025)
- Reserves excluding gold (SDR), annual growth rate 3.26 % change on previous year (2025)
Frequently asked questions
- What is capital account balance (credit less debit), net (credits less debits) in Sub-Saharan Africa (SSA)?
- Capital account balance (credit less debit), net (credits less debits) in Sub-Saharan Africa (SSA) was 9.82 billion in 2024, according to International Monetary Fund.
- What is the highest capital account balance (credit less debit), net (credits less debits) recorded in Sub-Saharan Africa (SSA)?
- The highest recorded value was 41.19 billion in 2006.
- What is the lowest capital account balance (credit less debit), net (credits less debits) recorded in Sub-Saharan Africa (SSA)?
- The lowest recorded value was 5.54 billion in 2022.
- How does Sub-Saharan Africa (SSA) rank for capital account balance (credit less debit), net (credits less debits)?
- Sub-Saharan Africa (SSA) ranks 3rd out of 9 groups with data for 2024.
- Is capital account balance (credit less debit), net (credits less debits) rising or falling in Sub-Saharan Africa (SSA)?
- Over the last ten years it is up 40.6%. The long-run trend across the full record is volatile.
- Where does this Sub-Saharan Africa (SSA) data come from?
- The figures come from International Monetary Fund, published as part of Capital account balance (credit less debit), Net (credits less debits) (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.