Current account balance (credit less debit), Percent of GDP (Balance) in SSA middle-income countries excluding South Africa and Nigeria
SSA middle-income countries excluding South Africa and Nigeria: Current account balance (credit less debit), Percent of GDP (Balance) was -1.2 in 2027. ◆ Volatile
Current account balance (credit less debit), Percent of GDP (Balance) in SSA middle-income countries excluding South Africa and Nigeria, 2000–2027
Source: International Monetary Fund.
Analysis
The most recent figure for current account balance (credit less debit), percent of gdp (balance) in SSA middle-income countries excluding South Africa and Nigeria is -1.2, measured in 2027.
Compared with earlier readings it is down 71.7% on the previous year and up 54.6% over ten years.
Over the whole period, current account balance (credit less debit), percent of gdp (balance) in SSA middle-income countries excluding South Africa and Nigeria peaked at 5.77 in 2006 and was at its lowest, -6.13, in 2015.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance (credit less debit), Percent of GDP (Balance) in SSA middle-income countries excluding South Africa and Nigeria, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 0.9441 | — |
| 2001 | -2.15 | -328.1% |
| 2002 | -0.0023 | -99.9% |
| 2003 | 0.1579 | -7098.5% |
| 2004 | 0.5384 | +240.9% |
| 2005 | 2.78 | +416.8% |
| 2006 | 5.77 | +107.3% |
| 2007 | 3.37 | -41.6% |
| 2008 | 0.9954 | -70.5% |
| 2009 | -4.52 | -554.1% |
| 2010 | -0.233 | -94.8% |
| 2011 | 1.47 | -729.9% |
| 2012 | 0.7042 | -52.0% |
| 2013 | -0.8584 | -221.9% |
| 2014 | -3.03 | +252.8% |
| 2015 | -6.13 | +102.4% |
| 2016 | -4.73 | -22.8% |
| 2017 | -2.64 | -44.1% |
| 2018 | -0.5138 | -80.6% |
| 2019 | -0.8885 | +72.9% |
| 2020 | -2.12 | +139.0% |
| 2021 | -1.13 | -47.0% |
| 2022 | -1.1 | -2.2% |
| 2023 | -3.19 | +189.8% |
| 2024 | -1.61 | -49.5% |
| 2025 | -0.8401 | -47.9% |
| 2026 | -0.6979 | -16.9% |
| 2027 | -1.2 | +71.7% |
Biggest year-on-year movements
Years where Current account balance (credit less debit), Percent of GDP (Balance) in SSA middle-income countries excluding South Africa and Nigeria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2003 | +7098.5% | -0.0023 | 0.1579 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.7881 | -4.52 | 5.77 | 10 |
| 2010s | -1.69 | -6.13 | 1.47 | 10 |
| 2020s | -1.49 | -3.19 | -0.6979 | 8 |
Countries ranked near SSA middle-income countries excluding South Africa and Nigeria
More financial sector data for SSA middle-income countries excluding South Africa and Nigeria
All data for SSA middle-income countries excluding South Africa and Nigeria →
Frequently asked questions
- What is current account balance (credit less debit), percent of gdp (balance) in SSA middle-income countries excluding South Africa and Nigeria?
- Current account balance (credit less debit), percent of gdp (balance) in SSA middle-income countries excluding South Africa and Nigeria was -1.2 in 2027, according to International Monetary Fund.
- What is the highest current account balance (credit less debit), percent of gdp (balance) recorded in SSA middle-income countries excluding South Africa and Nigeria?
- The highest recorded value was 5.77 in 2006.
- What is the lowest current account balance (credit less debit), percent of gdp (balance) recorded in SSA middle-income countries excluding South Africa and Nigeria?
- The lowest recorded value was -6.13 in 2015.
- How does SSA middle-income countries excluding South Africa and Nigeria rank for current account balance (credit less debit), percent of gdp (balance)?
- SSA middle-income countries excluding South Africa and Nigeria ranks 6th out of 19 groups with data for 2027.
- Is current account balance (credit less debit), percent of gdp (balance) rising or falling in SSA middle-income countries excluding South Africa and Nigeria?
- Over the last ten years it is up 54.6%. The long-run trend across the full record is volatile.
- Where does this SSA middle-income countries excluding South Africa and Nigeria 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.
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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.