Secondary income, Credit/Revenue in Sub-Saharan Africa (SSA)
Sub-Saharan Africa (SSA): Secondary income, Credit/Revenue was 90.48 billion in 2024. ▲ Rising
Secondary income, Credit/Revenue in Sub-Saharan Africa (SSA), 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, secondary income, credit/revenue in Sub-Saharan Africa (SSA) stood at 90.48 billion. That is the highest value across all 20 years on record.
The figure is up 4.7% on the previous year and up 30.1% over ten years.
Over the whole period, secondary income, credit/revenue in Sub-Saharan Africa (SSA) peaked at 90.48 billion in 2024 and was at its lowest, 33.17 billion, in 2005.
The long-run direction has been consistently rising across the 20 years of available data.
Secondary income, Credit/Revenue in Sub-Saharan Africa (SSA), year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 33.17 billion | — |
| 2006 | 39.22 billion | +18.2% |
| 2007 | 45.62 billion | +16.3% |
| 2008 | 52.34 billion | +14.7% |
| 2009 | 50.05 billion | -4.4% |
| 2010 | 54.05 billion | +8.0% |
| 2011 | 59.76 billion | +10.6% |
| 2012 | 62.08 billion | +3.9% |
| 2013 | 64.20 billion | +3.4% |
| 2014 | 69.55 billion | +8.3% |
| 2015 | 68.89 billion | -0.9% |
| 2016 | 61.61 billion | -10.6% |
| 2017 | 66.76 billion | +8.4% |
| 2018 | 72.03 billion | +7.9% |
| 2019 | 76.46 billion | +6.2% |
| 2020 | 72.11 billion | -5.7% |
| 2021 | 75.35 billion | +4.5% |
| 2022 | 82.45 billion | +9.4% |
| 2023 | 86.40 billion | +4.8% |
| 2024 | 90.48 billion | +4.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 44.08 billion | 33.17 billion | 52.34 billion | 5 |
| 2010s | 65.54 billion | 54.05 billion | 76.46 billion | 10 |
| 2020s | 81.36 billion | 72.11 billion | 90.48 billion | 5 |
Countries ranked near Sub-Saharan Africa (SSA)
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 secondary income, credit/revenue in Sub-Saharan Africa (SSA)?
- Secondary income, credit/revenue in Sub-Saharan Africa (SSA) was 90.48 billion in 2024, according to International Monetary Fund.
- What is the highest secondary income, credit/revenue recorded in Sub-Saharan Africa (SSA)?
- The highest recorded value was 90.48 billion in 2024.
- What is the lowest secondary income, credit/revenue recorded in Sub-Saharan Africa (SSA)?
- The lowest recorded value was 33.17 billion in 2005.
- How does Sub-Saharan Africa (SSA) rank for secondary income, credit/revenue?
- Sub-Saharan Africa (SSA) ranks 9th out of 9 groups with data for 2024.
- Is secondary income, credit/revenue rising or falling in Sub-Saharan Africa (SSA)?
- Over the last ten years it is up 30.1%. 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 Secondary 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.