Goods balance (credit less debit), Percent of GDP (Balance of) in Southern African Development Community (SADC)
Southern African Development Community (SADC): Goods balance (credit less debit), Percent of GDP (Balance of) was 2.54 in 2027. ◆ Volatile
Goods balance (credit less debit), Percent of GDP (Balance of) in Southern African Development Community (SADC), 2000–2027
Source: International Monetary Fund.
Analysis
Southern African Development Community (SADC) recorded 2.54 for goods balance (credit less debit), percent of gdp (balance of) in 2027.
The figure is down 12.6% on the previous year and up 33.5% over ten years.
Over the whole period, goods balance (credit less debit), percent of gdp (balance of) in Southern African Development Community (SADC) peaked at 5.67 in 2021 and was at its lowest, -1.58, in 2015.
The series is highly variable year to year, so single readings are best treated with caution.
Goods balance (credit less debit), Percent of GDP (Balance of) in Southern African Development Community (SADC), year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 3.21 | — |
| 2001 | 3.22 | +0.3% |
| 2002 | 3.15 | -2.1% |
| 2003 | 1.64 | -47.9% |
| 2004 | 1.15 | -30.3% |
| 2005 | 2.61 | +127.8% |
| 2006 | 3.42 | +30.9% |
| 2007 | 4.34 | +27.0% |
| 2008 | 5.2 | +19.8% |
| 2009 | 1.46 | -71.9% |
| 2010 | 4.53 | +210.1% |
| 2011 | 4.94 | +9.0% |
| 2012 | 2.78 | -43.8% |
| 2013 | 2 | -27.9% |
| 2014 | 0.7509 | -62.5% |
| 2015 | -1.58 | -310.2% |
| 2016 | 0.7976 | -150.5% |
| 2017 | 1.9 | +138.6% |
| 2018 | 1.74 | -8.7% |
| 2019 | 1.28 | -26.3% |
| 2020 | 3.25 | +153.9% |
| 2021 | 5.67 | +74.3% |
| 2022 | 3.62 | -36.2% |
| 2023 | 1.68 | -53.6% |
| 2024 | 2.29 | +36.3% |
| 2025 | 1.59 | -30.5% |
| 2026 | 2.91 | +83.0% |
| 2027 | 2.54 | -12.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.94 | 1.15 | 5.2 | 10 |
| 2010s | 1.91 | -1.58 | 4.94 | 10 |
| 2020s | 2.94 | 1.59 | 5.67 | 8 |
Countries ranked near Southern African Development Community (SADC)
- 8 Democratic Republic of Congo 10.76 compare
- 9 Equatorial Guinea 10.75 compare
- 10 Chad 9.07 compare
- 11 Zambia 8.6 compare
- 12 Cote d'Ivoire 8.44 compare
- 13 Mali 6.7 compare
- 14 Nigeria 5.18 compare
More financial sector data for Southern African Development Community (SADC)
All data for Southern African Development Community (SADC) →
Frequently asked questions
- What is goods balance (credit less debit), percent of gdp (balance of) in Southern African Development Community (SADC)?
- Goods balance (credit less debit), percent of gdp (balance of) in Southern African Development Community (SADC) was 2.54 in 2027, according to International Monetary Fund.
- What is the highest goods balance (credit less debit), percent of gdp (balance of) recorded in Southern African Development Community (SADC)?
- The highest recorded value was 5.67 in 2021.
- What is the lowest goods balance (credit less debit), percent of gdp (balance of) recorded in Southern African Development Community (SADC)?
- The lowest recorded value was -1.58 in 2015.
- How does Southern African Development Community (SADC) rank for goods balance (credit less debit), percent of gdp (balance of)?
- Southern African Development Community (SADC) ranks 11th out of 19 groups with data for 2027.
- Is goods balance (credit less debit), percent of gdp (balance of) rising or falling in Southern African Development Community (SADC)?
- Over the last ten years it is up 33.5%. The long-run trend across the full record is volatile.
- Where does this Southern African Development Community (SADC) data come from?
- The figures come from International Monetary Fund, published as part of Goods 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.