Current account balance (credit less debit), Percent of GDP (Balance) in SSA middle-income countries
SSA middle-income countries: Current account balance (credit less debit), Percent of GDP (Balance) was -0.2983 in 2027. ◆ Volatile
Current account balance (credit less debit), Percent of GDP (Balance) in SSA middle-income countries, 2000–2027
Source: International Monetary Fund.
Analysis
SSA middle-income countries recorded -0.2983 for current account balance (credit less debit), percent of gdp (balance) in 2027.
Compared with earlier readings it is down 142.5% on the previous year and up 54.3% over ten years.
Over the whole period, current account balance (credit less debit), percent of gdp (balance) in SSA middle-income countries peaked at 4.65 in 2005 and was at its lowest, -3.91, 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, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 2.32 | — |
| 2001 | 0.1218 | -94.8% |
| 2002 | 0.5515 | +352.9% |
| 2003 | 0.4423 | -19.8% |
| 2004 | 1.86 | +319.6% |
| 2005 | 4.65 | +150.5% |
| 2006 | 4.46 | -4.2% |
| 2007 | 2.15 | -51.7% |
| 2008 | 1.46 | -32.1% |
| 2009 | -0.8663 | -159.3% |
| 2010 | 0.5007 | -157.8% |
| 2011 | 0.5378 | +7.4% |
| 2012 | 0.0264 | -95.1% |
| 2013 | -0.4094 | -1648.4% |
| 2014 | -1.95 | +376.6% |
| 2015 | -3.91 | +100.6% |
| 2016 | -1.89 | -51.8% |
| 2017 | -0.652 | -65.4% |
| 2018 | -0.478 | -26.7% |
| 2019 | -1.8 | +276.7% |
| 2020 | -1.38 | -23.3% |
| 2021 | 0.3865 | -128.0% |
| 2022 | -0.4281 | -210.8% |
| 2023 | -1.17 | +173.3% |
| 2024 | 0.3121 | -126.7% |
| 2025 | 0.4206 | +34.8% |
| 2026 | 0.7025 | +67.0% |
| 2027 | -0.2983 | -142.5% |
Biggest year-on-year movements
Years where Current account balance (credit less debit), Percent of GDP (Balance) in SSA middle-income countries 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 |
|---|---|---|---|
| 2013 | -1648.4% | 0.0264 | -0.4094 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.71 | -0.8663 | 4.65 | 10 |
| 2010s | -1 | -3.91 | 0.5378 | 10 |
| 2020s | -0.1819 | -1.38 | 0.7025 | 8 |
Countries ranked near SSA middle-income countries
More financial sector data for SSA middle-income countries
Frequently asked questions
- What is current account balance (credit less debit), percent of gdp (balance) in SSA middle-income countries?
- Current account balance (credit less debit), percent of gdp (balance) in SSA middle-income countries was -0.2983 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?
- The highest recorded value was 4.65 in 2005.
- What is the lowest current account balance (credit less debit), percent of gdp (balance) recorded in SSA middle-income countries?
- The lowest recorded value was -3.91 in 2015.
- How does SSA middle-income countries rank for current account balance (credit less debit), percent of gdp (balance)?
- SSA middle-income countries ranks 3rd 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?
- Over the last ten years it is up 54.3%. The long-run trend across the full record is volatile.
- Where does this SSA middle-income countries 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.