Primary income, Credit/Revenue in Sub-Saharan Africa (SSA)
Sub-Saharan Africa (SSA): Primary income, Credit/Revenue was 36.11 billion in 2024. ▲ Rising
Primary income, Credit/Revenue in Sub-Saharan Africa (SSA), 2005–2024
Source: International Monetary Fund.
Analysis
Sub-Saharan Africa (SSA) recorded 36.11 billion for primary income, credit/revenue in 2024.
That represents a change of down 7.9% on the previous year and up 59.4% over ten years.
Over the whole period, primary income, credit/revenue in Sub-Saharan Africa (SSA) peaked at 39.19 billion in 2023 and was at its lowest, 8.18 billion, in 2005.
The long-run direction has been consistently rising across the 20 years of available data.
Primary income, Credit/Revenue in Sub-Saharan Africa (SSA), year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 8.18 billion | — |
| 2006 | 12.55 billion | +53.4% |
| 2007 | 15.18 billion | +21.0% |
| 2008 | 13.92 billion | -8.3% |
| 2009 | 9.23 billion | -33.7% |
| 2010 | 14.65 billion | +58.7% |
| 2011 | 11.94 billion | -18.5% |
| 2012 | 13.18 billion | +10.4% |
| 2013 | 19.36 billion | +46.9% |
| 2014 | 22.65 billion | +17.0% |
| 2015 | 20.83 billion | -8.0% |
| 2016 | 20.12 billion | -3.4% |
| 2017 | 24.31 billion | +20.8% |
| 2018 | 24.44 billion | +0.5% |
| 2019 | 27.12 billion | +11.0% |
| 2020 | 23.81 billion | -12.2% |
| 2021 | 29.65 billion | +24.5% |
| 2022 | 34.39 billion | +16.0% |
| 2023 | 39.19 billion | +14.0% |
| 2024 | 36.11 billion | -7.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 11.81 billion | 8.18 billion | 15.18 billion | 5 |
| 2010s | 19.86 billion | 11.94 billion | 27.12 billion | 10 |
| 2020s | 32.63 billion | 23.81 billion | 39.19 billion | 5 |
Countries ranked near Sub-Saharan Africa (SSA)
- 6 France 404.98 billion compare
- 7 Luxembourg 380.28 billion compare
- 8 Ireland 311.81 billion compare
- 9 China 309.25 billion compare
- 10 Hong Kong, China 282.42 billion compare
- 11 Switzerland 222.19 billion compare
- 12 Singapore 199.60 billion compare
More financial sector data for Sub-Saharan Africa (SSA)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 4.08 % change on previous year (2025)
- Reserves excluding gold, foreign exchange 141.23 billion SDR (2025)
- Reserves excluding gold 154.94 billion SDR (2025)
- Total reserves (gold at market value) 173.33 billion SDR (2025)
- Total reserves (gold at national valuation) 177.24 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), annual growth rate 8.03 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), annual growth rate 7.62 % change on previous year (2025)
- Reserves excluding gold (SDR), annual growth rate 3.4 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 3.92 % change on previous year (2025)
- Reserves excluding gold (SDR), annual growth rate 3.26 % change on previous year (2025)
Frequently asked questions
- What is primary income, credit/revenue in Sub-Saharan Africa (SSA)?
- Primary income, credit/revenue in Sub-Saharan Africa (SSA) was 36.11 billion in 2024, according to International Monetary Fund.
- What is the highest primary income, credit/revenue recorded in Sub-Saharan Africa (SSA)?
- The highest recorded value was 39.19 billion in 2023.
- What is the lowest primary income, credit/revenue recorded in Sub-Saharan Africa (SSA)?
- The lowest recorded value was 8.18 billion in 2005.
- How does Sub-Saharan Africa (SSA) rank for primary income, credit/revenue?
- Sub-Saharan Africa (SSA) ranks 9th out of 9 groups with data for 2024.
- Is primary income, credit/revenue rising or falling in Sub-Saharan Africa (SSA)?
- Over the last ten years it is up 59.4%. The long-run trend across the full record is rising.
- Where does this Sub-Saharan Africa (SSA) data come from?
- The figures come from International Monetary Fund, published as part of Primary income, Credit/Revenue (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.