Current account balance (credit less debit), Percent of GDP (Balance) in SSA oil-exporting countries excluding Nigeria
SSA oil-exporting countries excluding Nigeria: Current account balance (credit less debit), Percent of GDP (Balance) was -1.49 in 2027. ◆ Volatile
Current account balance (credit less debit), Percent of GDP (Balance) in SSA oil-exporting countries excluding 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 oil-exporting countries excluding Nigeria is -1.49, measured in 2027.
That represents a change of down 154.1% on the previous year and up 10.4% over ten years.
Over the whole period, current account balance (credit less debit), percent of gdp (balance) in SSA oil-exporting countries excluding Nigeria peaked at 12.26 in 2006 and was at its lowest, -8.27, 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 oil-exporting countries excluding Nigeria, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 5.88 | — |
| 2001 | -5.53 | -193.9% |
| 2002 | -4.74 | -14.2% |
| 2003 | -2.73 | -42.5% |
| 2004 | 1.7 | -162.2% |
| 2005 | 7.64 | +350.7% |
| 2006 | 12.26 | +60.4% |
| 2007 | 10.11 | -17.5% |
| 2008 | 7.18 | -29.0% |
| 2009 | -7.06 | -198.2% |
| 2010 | 3.48 | -149.3% |
| 2011 | 7.7 | +121.3% |
| 2012 | 5.72 | -25.6% |
| 2013 | 3.19 | -44.2% |
| 2014 | -2.03 | -163.7% |
| 2015 | -8.27 | +307.1% |
| 2016 | -6.67 | -19.4% |
| 2017 | -1.67 | -75.0% |
| 2018 | 3.97 | -337.9% |
| 2019 | 2.22 | -44.0% |
| 2020 | -0.8816 | -139.7% |
| 2021 | 4.87 | -652.8% |
| 2022 | 6.18 | +26.8% |
| 2023 | 0.4726 | -92.3% |
| 2024 | 2.91 | +515.1% |
| 2025 | -1.38 | -147.6% |
| 2026 | -0.5884 | -57.4% |
| 2027 | -1.49 | +154.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.47 | -7.06 | 12.26 | 10 |
| 2010s | 0.7641 | -8.27 | 7.7 | 10 |
| 2020s | 1.26 | -1.49 | 6.18 | 8 |
Countries ranked near SSA oil-exporting countries excluding Nigeria
More financial sector data for SSA oil-exporting countries excluding Nigeria
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Frequently asked questions
- What is current account balance (credit less debit), percent of gdp (balance) in SSA oil-exporting countries excluding Nigeria?
- Current account balance (credit less debit), percent of gdp (balance) in SSA oil-exporting countries excluding Nigeria was -1.49 in 2027, according to International Monetary Fund.
- What is the highest current account balance (credit less debit), percent of gdp (balance) recorded in SSA oil-exporting countries excluding Nigeria?
- The highest recorded value was 12.26 in 2006.
- What is the lowest current account balance (credit less debit), percent of gdp (balance) recorded in SSA oil-exporting countries excluding Nigeria?
- The lowest recorded value was -8.27 in 2015.
- How does SSA oil-exporting countries excluding Nigeria rank for current account balance (credit less debit), percent of gdp (balance)?
- SSA oil-exporting countries excluding Nigeria ranks 7th out of 19 groups with data for 2027.
- Is current account balance (credit less debit), percent of gdp (balance) rising or falling in SSA oil-exporting countries excluding Nigeria?
- Over the last ten years it is up 10.4%. The long-run trend across the full record is volatile.
- Where does this SSA oil-exporting countries excluding 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.