Goods balance (credit less debit), Percent of GDP (Balance of) in SSA oil-exporting countries excluding Nigeria
SSA oil-exporting countries excluding Nigeria: Goods balance (credit less debit), Percent of GDP (Balance of) was 8.03 in 2027. ▼ Falling
Goods balance (credit less debit), Percent of GDP (Balance of) in SSA oil-exporting countries excluding Nigeria, 2000–2027
Source: International Monetary Fund.
Analysis
In 2027, goods balance (credit less debit), percent of gdp (balance of) in SSA oil-exporting countries excluding Nigeria stood at 8.03.
Compared with earlier readings it is down 18.5% on the previous year and down 32.3% over ten years.
Over the whole period, goods balance (credit less debit), percent of gdp (balance of) in SSA oil-exporting countries excluding Nigeria peaked at 34.8 in 2008 and was at its lowest, 7.08, in 2015.
The long-run direction has been consistently falling across the 28 years of available data.
Goods balance (credit less debit), Percent of GDP (Balance of) in SSA oil-exporting countries excluding Nigeria, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 25.79 | — |
| 2001 | 18.45 | -28.4% |
| 2002 | 15.69 | -14.9% |
| 2003 | 15.8 | +0.6% |
| 2004 | 22.17 | +40.3% |
| 2005 | 29.78 | +34.3% |
| 2006 | 31.49 | +5.8% |
| 2007 | 33.4 | +6.1% |
| 2008 | 34.8 | +4.2% |
| 2009 | 19.25 | -44.7% |
| 2010 | 28.37 | +47.4% |
| 2011 | 32.72 | +15.3% |
| 2012 | 26.52 | -19.0% |
| 2013 | 22.26 | -16.1% |
| 2014 | 15.75 | -29.3% |
| 2015 | 7.08 | -55.1% |
| 2016 | 7.13 | +0.8% |
| 2017 | 11.86 | +66.4% |
| 2018 | 17.29 | +45.8% |
| 2019 | 17.03 | -1.5% |
| 2020 | 10.18 | -40.2% |
| 2021 | 18.19 | +78.6% |
| 2022 | 21.44 | +17.9% |
| 2023 | 14.15 | -34.0% |
| 2024 | 13.92 | -1.6% |
| 2025 | 8.97 | -35.6% |
| 2026 | 9.85 | +9.8% |
| 2027 | 8.03 | -18.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 24.66 | 15.69 | 34.8 | 10 |
| 2010s | 18.6 | 7.08 | 32.72 | 10 |
| 2020s | 13.09 | 8.03 | 21.44 | 8 |
Countries ranked near SSA oil-exporting countries excluding Nigeria
- 1 Guinea 44.58 compare
- 2 South Sudan 27.91 compare
- 3 Burkina Faso 17.96 compare
- 4 Congo 14.47 compare
More financial sector data for SSA oil-exporting countries excluding Nigeria
All data for SSA oil-exporting countries excluding Nigeria →
Frequently asked questions
- What is goods balance (credit less debit), percent of gdp (balance of) in SSA oil-exporting countries excluding Nigeria?
- Goods balance (credit less debit), percent of gdp (balance of) in SSA oil-exporting countries excluding Nigeria was 8.03 in 2027, according to International Monetary Fund.
- What is the highest goods balance (credit less debit), percent of gdp (balance of) recorded in SSA oil-exporting countries excluding Nigeria?
- The highest recorded value was 34.8 in 2008.
- What is the lowest goods balance (credit less debit), percent of gdp (balance of) recorded in SSA oil-exporting countries excluding Nigeria?
- The lowest recorded value was 7.08 in 2015.
- How does SSA oil-exporting countries excluding Nigeria rank for goods balance (credit less debit), percent of gdp (balance of)?
- SSA oil-exporting countries excluding Nigeria ranks 1st out of 19 groups with data for 2027.
- Is goods balance (credit less debit), percent of gdp (balance of) rising or falling in SSA oil-exporting countries excluding Nigeria?
- Over the last ten years it is down 32.3%. The long-run trend across the full record is falling.
- Where does this SSA oil-exporting countries excluding 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.