Goods balance (credit less debit), Percent of GDP (Balance of) in SSA oil-importing countries excluding South Africa
SSA oil-importing countries excluding South Africa: Goods balance (credit less debit), Percent of GDP (Balance of) was 1.25 in 2027. ◆ Volatile
Goods balance (credit less debit), Percent of GDP (Balance of) in SSA oil-importing countries excluding South Africa, 2000–2027
Source: International Monetary Fund.
Analysis
The most recent figure for goods balance (credit less debit), percent of gdp (balance of) in SSA oil-importing countries excluding South Africa is 1.25, measured in 2027. That is the highest value across all 28 years on record.
Compared with earlier readings it is up 54.4% on the previous year and up 122.2% over ten years.
Over the whole period, goods balance (credit less debit), percent of gdp (balance of) in SSA oil-importing countries excluding South Africa peaked at 1.25 in 2027 and was at its lowest, -9.36, in 2012.
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 oil-importing countries excluding South Africa, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | -3.01 | — |
| 2001 | -3.35 | +11.3% |
| 2002 | -2.65 | -21.1% |
| 2003 | -3.18 | +20.1% |
| 2004 | -4.33 | +36.1% |
| 2005 | -5.48 | +26.7% |
| 2006 | -5.38 | -1.9% |
| 2007 | -6.74 | +25.4% |
| 2008 | -8.99 | +33.4% |
| 2009 | -7.92 | -11.9% |
| 2010 | -7.6 | -4.1% |
| 2011 | -7.98 | +5.0% |
| 2012 | -9.36 | +17.4% |
| 2013 | -8.41 | -10.2% |
| 2014 | -8.03 | -4.5% |
| 2015 | -8.79 | +9.4% |
| 2016 | -6.72 | -23.5% |
| 2017 | -5.63 | -16.3% |
| 2018 | -5.83 | +3.5% |
| 2019 | -5.68 | -2.6% |
| 2020 | -4.13 | -27.3% |
| 2021 | -4.01 | -2.9% |
| 2022 | -5.94 | +48.3% |
| 2023 | -4.93 | -17.1% |
| 2024 | -3.99 | -19.0% |
| 2025 | -1.31 | -67.1% |
| 2026 | 0.8098 | -161.7% |
| 2027 | 1.25 | +54.4% |
Biggest year-on-year movements
Years where Goods balance (credit less debit), Percent of GDP (Balance of) in SSA oil-importing countries excluding South Africa 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 |
|---|---|---|---|
| 2026 | +161.7% | -1.31 | 0.8098 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -5.1 | -8.99 | -2.65 | 10 |
| 2010s | -7.4 | -9.36 | -5.63 | 10 |
| 2020s | -2.78 | -5.94 | 1.25 | 8 |
Countries ranked near SSA oil-importing countries excluding South Africa
More financial sector data for SSA oil-importing countries excluding South Africa
All data for SSA oil-importing countries excluding South Africa →
Frequently asked questions
- What is goods balance (credit less debit), percent of gdp (balance of) in SSA oil-importing countries excluding South Africa?
- Goods balance (credit less debit), percent of gdp (balance of) in SSA oil-importing countries excluding South Africa was 1.25 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-importing countries excluding South Africa?
- The highest recorded value was 1.25 in 2027.
- What is the lowest goods balance (credit less debit), percent of gdp (balance of) recorded in SSA oil-importing countries excluding South Africa?
- The lowest recorded value was -9.36 in 2012.
- How does SSA oil-importing countries excluding South Africa rank for goods balance (credit less debit), percent of gdp (balance of)?
- SSA oil-importing countries excluding South Africa ranks 16th 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-importing countries excluding South Africa?
- Over the last ten years it is up 122.2%. The long-run trend across the full record is volatile.
- Where does this SSA oil-importing countries excluding South Africa 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.