Goods balance (credit less debit), Percent of GDP (Balance of Payments and International Investment Position Manual, Sixth Edition (BPM6)) by country
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.
What the numbers show
Goods balance (credit less debit), Percent of GDP (Balance of Payments and International Investment Position Manual, Sixth Edition (BPM6)) is currently reported for 45 countries. The highest value is 44.58 in Guinea; the lowest is -40.55 in Gambia.
The median across all reporting countries is -2.52, and the mean is -2.61.
Over the past decade 28 countries rose and 17 fell. The largest increase was in Guinea (up 7,148.4%), and the largest decrease in Cameroon (down 653.6%).
Goods balance (credit less debit), Percent of GDP (Balance of): full country ranking
| # | Country | Latest | Year | 10-year change | Trend |
|---|---|---|---|---|---|
| 1 | Guinea | 44.58 | 2027 | up 7,148.4% | volatile |
| 2 | South Sudan | 27.91 | 2027 | down 7.0% | volatile |
| 3 | Burkina Faso | 17.96 | 2027 | up 1,297.4% | volatile |
| 4 | Congo | 14.47 | 2027 | down 20.5% | volatile |
| 5 | Ghana | 13.65 | 2027 | up 594.4% | volatile |
| 6 | Angola | 11.18 | 2027 | down 21.3% | falling |
| 7 | Gabon | 11.05 | 2027 | down 21.5% | falling |
| 8 | Democratic Republic of Congo | 10.76 | 2027 | up 1,838.2% | volatile |
| 9 | Equatorial Guinea | 10.75 | 2027 | down 39.9% | volatile |
| 10 | Chad | 9.07 | 2027 | up 166.8% | volatile |
| 11 | Zambia | 8.6 | 2027 | up 131.7% | volatile |
| 12 | Cote d'Ivoire | 8.44 | 2027 | up 31.3% | falling |
| 13 | Mali | 6.7 | 2027 | up 271.8% | volatile |
| 14 | Nigeria | 5.18 | 2027 | up 108.3% | volatile |
| 15 | Eritrea | 4.68 | 2019 | up 116.1% | volatile |
| 16 | Uganda | 4.14 | 2027 | up 176.3% | rising |
| 17 | Zimbabwe | 3.01 | 2027 | up 200.8% | volatile |
| 18 | South Africa | 2.43 | 2027 | up 109.0% | volatile |
| 19 | Niger | 1.94 | 2027 | up 129.0% | volatile |
| 20 | Eswatini | 1.33 | 2027 | down 68.3% | volatile |
| 21 | Benin | -1.5 | 2027 | up 44.4% | rising |
| 22 | Mozambique | -2.36 | 2027 | up 37.2% | volatile |
| 23 | Sierra Leone | -2.52 | 2027 | up 66.4% | volatile |
| 24 | Liberia | -3.74 | 2027 | up 80.0% | volatile |
| 25 | Tanzania | -4.35 | 2027 | up 15.6% | rising |
| 26 | Cameroon | -4.74 | 2027 | down 653.6% | volatile |
| 27 | Guinea-Bissau | -6.59 | 2027 | down 298.9% | volatile |
| 28 | Senegal | -6.67 | 2027 | up 48.2% | flat |
| 29 | Botswana | -7.61 | 2027 | down 250.8% | volatile |
| 30 | Burundi | -7.67 | 2027 | up 49.0% | rising |
| 31 | Central African Republic | -7.68 | 2027 | up 28.0% | falling |
| 32 | Kenya | -8.15 | 2027 | up 34.4% | falling |
| 33 | Ethiopia | -9.57 | 2025 | up 48.3% | rising |
| 34 | Namibia | -10.16 | 2027 | up 27.7% | volatile |
| 35 | Togo | -10.2 | 2027 | down 1.2% | falling |
| 36 | Madagascar | -10.58 | 2027 | down 211.9% | rising |
| 37 | Malawi | -12.98 | 2027 | up 25.4% | falling |
| 38 | Rwanda | -13.13 | 2027 | down 23.5% | falling |
| 39 | Comoros | -17.56 | 2027 | down 9.9% | falling |
| 40 | Sao Tome and Principe | -18.78 | 2027 | up 45.5% | rising |
| 41 | Mauritius | -23.04 | 2027 | down 19.3% | falling |
| 42 | Lesotho | -31.21 | 2027 | up 5.8% | rising |
| 43 | Cape Verde | -33.89 | 2027 | down 3.0% | falling |
| 44 | Seychelles | -40.17 | 2027 | down 3.4% | falling |
| 45 | Gambia | -40.55 | 2027 | down 74.1% | volatile |
Regions and income groups
Aggregates are excluded from the country ranking above so that a region can never outrank a country.
- SSA oil-exporting countries excluding Nigeria 8.03
- Economic Community of West African States (ECOWAS) 6.92
- SSA oil-exporting countries 6.45
- West African Economic and Monetary Union (WAEMU) 4.74
- CFA franc zone 4.38
- Central African Economic and Monetary Community (CEMAC) 3.65
- Fragile and Conflict-affected States (FCS) 3.52
- SSA middle-income countries 3.19
- Sub-Saharan Africa (SSA) 2.9
- SSA middle-income countries excluding South Africa and Nigeria 2.73
- Southern African Development Community (SADC) 2.54
- Sub-Saharan Africa excluding Nigeria and South Africa 2.51
- SSA low-income countries 2.27
- SSA oil-importing countries 1.56
- Southern African Customs Union (SACU) 1.37
- SSA oil-importing countries excluding South Africa 1.25
- SSA low-income countries excluding countries in fragile situations 0.8893
- Common Market for Eastern and Southern Africa (COMESA) -2.19
- East African Community (EAC) -4.62
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.