Goods balance (credit less debit), Percent of GDP (Balance of) in SSA middle-income countries excluding South Africa and Nigeria
SSA middle-income countries excluding South Africa and Nigeria: Goods balance (credit less debit), Percent of GDP (Balance of) was 2.73 in 2027. ◆ Volatile
Goods balance (credit less debit), Percent of GDP (Balance of) in SSA middle-income countries excluding South Africa and Nigeria, 2000–2027
Source: International Monetary Fund.
Analysis
In 2027, goods balance (credit less debit), percent of gdp (balance of) in SSA middle-income countries excluding South Africa and Nigeria stood at 2.73.
Compared with earlier readings it is down 21.0% on the previous year and up 12.3% over ten years.
Over the whole period, goods balance (credit less debit), percent of gdp (balance of) in SSA middle-income countries excluding South Africa and Nigeria peaked at 12.53 in 2008 and was at its lowest, -0.6957, 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 SSA middle-income countries excluding South Africa and Nigeria, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 5.41 | — |
| 2001 | 3.75 | -30.8% |
| 2002 | 6.09 | +62.7% |
| 2003 | 4.54 | -25.4% |
| 2004 | 5.77 | +27.0% |
| 2005 | 8.87 | +53.8% |
| 2006 | 11.03 | +24.3% |
| 2007 | 11.49 | +4.2% |
| 2008 | 12.53 | +9.1% |
| 2009 | 5.58 | -55.5% |
| 2010 | 9.96 | +78.6% |
| 2011 | 12.48 | +25.3% |
| 2012 | 9.91 | -20.6% |
| 2013 | 7.64 | -22.9% |
| 2014 | 5.21 | -31.8% |
| 2015 | -0.6957 | -113.3% |
| 2016 | 0.1158 | -116.6% |
| 2017 | 2.43 | +2000.9% |
| 2018 | 3.74 | +53.6% |
| 2019 | 3.26 | -12.7% |
| 2020 | 1.21 | -63.0% |
| 2021 | 3.4 | +182.0% |
| 2022 | 5.22 | +53.3% |
| 2023 | 1.69 | -67.5% |
| 2024 | 2.52 | +48.6% |
| 2025 | 3.07 | +22.2% |
| 2026 | 3.46 | +12.4% |
| 2027 | 2.73 | -21.0% |
Biggest year-on-year movements
Years where Goods balance (credit less debit), Percent of GDP (Balance of) 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 |
|---|---|---|---|
| 2017 | +2000.9% | 0.1158 | 2.43 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7.51 | 3.75 | 12.53 | 10 |
| 2010s | 5.41 | -0.6957 | 12.48 | 10 |
| 2020s | 2.91 | 1.21 | 5.22 | 8 |
Countries ranked near SSA middle-income countries excluding South Africa and Nigeria
- 7 Gabon 11.05 compare
- 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
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 goods balance (credit less debit), percent of gdp (balance of) in SSA middle-income countries excluding South Africa and Nigeria?
- Goods balance (credit less debit), percent of gdp (balance of) in SSA middle-income countries excluding South Africa and Nigeria was 2.73 in 2027, according to International Monetary Fund.
- What is the highest goods balance (credit less debit), percent of gdp (balance of) recorded in SSA middle-income countries excluding South Africa and Nigeria?
- The highest recorded value was 12.53 in 2008.
- What is the lowest goods balance (credit less debit), percent of gdp (balance of) recorded in SSA middle-income countries excluding South Africa and Nigeria?
- The lowest recorded value was -0.6957 in 2015.
- How does SSA middle-income countries excluding South Africa and Nigeria rank for goods balance (credit less debit), percent of gdp (balance of)?
- SSA middle-income countries excluding South Africa and Nigeria ranks 10th out of 19 groups with data for 2027.
- Is goods balance (credit less debit), percent of gdp (balance of) rising or falling in SSA middle-income countries excluding South Africa and Nigeria?
- Over the last ten years it is up 12.3%. 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 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.