Current account balance (credit less debit), Percent of GDP (Balance) in SSA low-income countries excluding countries in fragile situations
SSA low-income countries excluding countries in fragile situations: Current account balance (credit less debit), Percent of GDP (Balance) was -3.95 in 2027. ▼ Falling
Current account balance (credit less debit), Percent of GDP (Balance) in SSA low-income countries excluding countries in fragile situations, 2000–2027
Source: International Monetary Fund.
Analysis
SSA low-income countries excluding countries in fragile situations recorded -3.95 for current account balance (credit less debit), percent of gdp (balance) in 2027.
The figure is up 22.0% on the previous year and up 25.1% over ten years.
Over the whole period, current account balance (credit less debit), percent of gdp (balance) in SSA low-income countries excluding countries in fragile situations peaked at -2.85 in 2003 and was at its lowest, -9.91, in 2012.
The long-run direction has been consistently falling across the 28 years of available data.
Current account balance (credit less debit), Percent of GDP (Balance) in SSA low-income countries excluding countries in fragile situations, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | -4.2 | — |
| 2001 | -3.08 | -26.6% |
| 2002 | -3.84 | +24.4% |
| 2003 | -2.85 | -25.7% |
| 2004 | -3.51 | +23.1% |
| 2005 | -4.54 | +29.2% |
| 2006 | -5.93 | +30.7% |
| 2007 | -6.21 | +4.7% |
| 2008 | -8.24 | +32.8% |
| 2009 | -7.53 | -8.7% |
| 2010 | -7.06 | -6.2% |
| 2011 | -9.85 | +39.5% |
| 2012 | -9.91 | +0.6% |
| 2013 | -8.52 | -14.0% |
| 2014 | -8.48 | -0.4% |
| 2015 | -8.5 | +0.3% |
| 2016 | -7.03 | -17.3% |
| 2017 | -5.27 | -25.0% |
| 2018 | -6.73 | +27.6% |
| 2019 | -6.26 | -6.9% |
| 2020 | -7.16 | +14.4% |
| 2021 | -5.57 | -22.3% |
| 2022 | -8.05 | +44.5% |
| 2023 | -7.03 | -12.6% |
| 2024 | -7.05 | +0.2% |
| 2025 | -7.34 | +4.1% |
| 2026 | -5.07 | -31.0% |
| 2027 | -3.95 | -22.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -4.99 | -8.24 | -2.85 | 10 |
| 2010s | -7.76 | -9.91 | -5.27 | 10 |
| 2020s | -6.4 | -8.05 | -3.95 | 8 |
Countries ranked near SSA low-income countries excluding countries in fragile situations
More financial sector data for SSA low-income countries excluding countries in fragile situations
All data for SSA low-income countries excluding countries in fragile situations →
Frequently asked questions
- What is current account balance (credit less debit), percent of gdp (balance) in SSA low-income countries excluding countries in fragile situations?
- Current account balance (credit less debit), percent of gdp (balance) in SSA low-income countries excluding countries in fragile situations was -3.95 in 2027, according to International Monetary Fund.
- What is the highest current account balance (credit less debit), percent of gdp (balance) recorded in SSA low-income countries excluding countries in fragile situations?
- The highest recorded value was -2.85 in 2003.
- What is the lowest current account balance (credit less debit), percent of gdp (balance) recorded in SSA low-income countries excluding countries in fragile situations?
- The lowest recorded value was -9.91 in 2012.
- How does SSA low-income countries excluding countries in fragile situations rank for current account balance (credit less debit), percent of gdp (balance)?
- SSA low-income countries excluding countries in fragile situations ranks 18th out of 19 groups with data for 2027.
- Is current account balance (credit less debit), percent of gdp (balance) rising or falling in SSA low-income countries excluding countries in fragile situations?
- Over the last ten years it is up 25.1%. The long-run trend across the full record is falling.
- Where does this SSA low-income countries excluding countries in fragile situations data come from?
- The figures come from International Monetary Fund, published as part of Current account balance (credit less debit), Percent of GDP (Balance of Payments and International Investment Position Manual, Sixth Edition (BPM6)). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 28 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
Sub-Saharan Africa Regional Economic Outlook (REO) provides information on recent economic developments and prospects for countries in sub-Saharan Africa. Data for the REO for sub-Saharan Africa are prepared in conjunction with the semi-annual World Economic Outlook (WEO) exercises, spring and fall.