Goods balance (credit less debit), Percent of GDP (Balance of) in West African Economic and Monetary Union (WAEMU)
West African Economic and Monetary Union (WAEMU): Goods balance (credit less debit), Percent of GDP (Balance of) was 4.74 in 2027. ◆ Volatile
Goods balance (credit less debit), Percent of GDP (Balance of) in West African Economic and Monetary Union (WAEMU), 2000–2027
Source: International Monetary Fund.
Analysis
In 2027, goods balance (credit less debit), percent of gdp (balance of) in West African Economic and Monetary Union (WAEMU) stood at 4.74.
That represents a change of down 1.4% on the previous year and up 521.9% over ten years.
Over the whole period, goods balance (credit less debit), percent of gdp (balance of) in West African Economic and Monetary Union (WAEMU) peaked at 4.81 in 2026 and was at its lowest, -4.25, in 2022.
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 West African Economic and Monetary Union (WAEMU), year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 1.19 | — |
| 2001 | 0.9681 | -19.0% |
| 2002 | 3.91 | +303.7% |
| 2003 | 1.38 | -64.8% |
| 2004 | 0.5838 | -57.6% |
| 2005 | -0.7978 | -236.7% |
| 2006 | 0.1421 | -117.8% |
| 2007 | -2.67 | -1981.7% |
| 2008 | -3.62 | +35.5% |
| 2009 | -0.7207 | -80.1% |
| 2010 | -1.2 | +66.9% |
| 2011 | 0.8127 | -167.6% |
| 2012 | -1.01 | -223.9% |
| 2013 | -2.33 | +131.8% |
| 2014 | -1.58 | -32.1% |
| 2015 | -1.75 | +10.5% |
| 2016 | -0.939 | -46.4% |
| 2017 | -1.12 | +19.6% |
| 2018 | -2.26 | +101.5% |
| 2019 | -1.59 | -29.7% |
| 2020 | -0.3343 | -79.0% |
| 2021 | -1.08 | +222.6% |
| 2022 | -4.25 | +294.3% |
| 2023 | -3.59 | -15.6% |
| 2024 | -0.1963 | -94.5% |
| 2025 | 4.11 | -2193.4% |
| 2026 | 4.81 | +17.0% |
| 2027 | 4.74 | -1.4% |
Biggest year-on-year movements
Years where Goods balance (credit less debit), Percent of GDP (Balance of) in West African Economic and Monetary Union (WAEMU) 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 |
|---|---|---|---|
| 2025 | +2193.4% | -0.1963 | 4.11 |
| 2007 | -1981.7% | 0.1421 | -2.67 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.0358 | -3.62 | 3.91 | 10 |
| 2010s | -1.3 | -2.33 | 0.8127 | 10 |
| 2020s | 0.526 | -4.25 | 4.81 | 8 |
Countries ranked near West African Economic and Monetary Union (WAEMU)
More financial sector data for West African Economic and Monetary Union (WAEMU)
- Gold reserves at 35 SDRs per ounce 41.10 million SDR (2024)
- Total reserves (gold at market value) (SDR), annual growth rate 37.45 % change on previous year (2024)
- Total reserves (gold at national valuation) (SDR), annual growth rate 37.83 % change on previous year (2024)
- Reserves excluding gold, foreign exchange 10.38 billion SDR (2024)
- Gold reserves at market value 2.35 billion SDR (2024)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 43.37 % change on previous year (2024)
- Total reserves (gold at market value) (SDR), annual growth rate 37.45 % change on previous year (2024)
- Reserves excluding gold (SDR), annual growth rate 38.82 % change on previous year (2024)
- Total reserves (gold at national valuation) 16.42 billion SDR (2024)
- Total reserves (gold at national valuation) (SDR), annual growth rate 37.83 % change on previous year (2024)
All data for West African Economic and Monetary Union (WAEMU) →
Frequently asked questions
- What is goods balance (credit less debit), percent of gdp (balance of) in West African Economic and Monetary Union (WAEMU)?
- Goods balance (credit less debit), percent of gdp (balance of) in West African Economic and Monetary Union (WAEMU) was 4.74 in 2027, according to International Monetary Fund.
- What is the highest goods balance (credit less debit), percent of gdp (balance of) recorded in West African Economic and Monetary Union (WAEMU)?
- The highest recorded value was 4.81 in 2026.
- What is the lowest goods balance (credit less debit), percent of gdp (balance of) recorded in West African Economic and Monetary Union (WAEMU)?
- The lowest recorded value was -4.25 in 2022.
- How does West African Economic and Monetary Union (WAEMU) rank for goods balance (credit less debit), percent of gdp (balance of)?
- West African Economic and Monetary Union (WAEMU) ranks 4th out of 19 groups with data for 2027.
- Is goods balance (credit less debit), percent of gdp (balance of) rising or falling in West African Economic and Monetary Union (WAEMU)?
- Over the last ten years it is up 521.9%. The long-run trend across the full record is volatile.
- Where does this West African Economic and Monetary Union (WAEMU) 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.