Total current account credit/revenue, Credit/Revenue in Sub-Saharan Africa (SSA)
Sub-Saharan Africa (SSA): Total current account credit/revenue, Credit/Revenue was 644.47 billion in 2024. ▲ Rising
Total current account credit/revenue, Credit/Revenue in Sub-Saharan Africa (SSA), 2005–2024
Source: International Monetary Fund.
Analysis
Sub-Saharan Africa (SSA) recorded 644.47 billion for total current account credit/revenue, credit/revenue in 2024. That is the highest value across all 20 years on record.
Compared with earlier readings it is up 3.9% on the previous year and up 18.4% over ten years.
Over the whole period, total current account credit/revenue, credit/revenue in Sub-Saharan Africa (SSA) peaked at 644.47 billion in 2024 and was at its lowest, 268.41 billion, in 2005.
The long-run direction has been consistently rising across the 20 years of available data.
Total current account credit/revenue, Credit/Revenue in Sub-Saharan Africa (SSA), year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 268.41 billion | — |
| 2006 | 313.33 billion | +16.7% |
| 2007 | 382.19 billion | +22.0% |
| 2008 | 459.56 billion | +20.2% |
| 2009 | 361.77 billion | -21.3% |
| 2010 | 459.15 billion | +26.9% |
| 2011 | 562.01 billion | +22.4% |
| 2012 | 551.65 billion | -1.8% |
| 2013 | 560.81 billion | +1.7% |
| 2014 | 544.38 billion | -2.9% |
| 2015 | 431.60 billion | -20.7% |
| 2016 | 400.01 billion | -7.3% |
| 2017 | 462.02 billion | +15.5% |
| 2018 | 520.80 billion | +12.7% |
| 2019 | 519.27 billion | -0.3% |
| 2020 | 433.13 billion | -16.6% |
| 2021 | 552.88 billion | +27.6% |
| 2022 | 643.54 billion | +16.4% |
| 2023 | 620.15 billion | -3.6% |
| 2024 | 644.47 billion | +3.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 357.05 billion | 268.41 billion | 459.56 billion | 5 |
| 2010s | 501.17 billion | 400.01 billion | 562.01 billion | 10 |
| 2020s | 578.84 billion | 433.13 billion | 644.47 billion | 5 |
Countries ranked near Sub-Saharan Africa (SSA)
- 6 Netherlands 1.44 trillion compare
- 7 Japan 1.40 trillion compare
- 8 Singapore 1.21 trillion compare
- 9 Ireland 1.20 trillion compare
- 10 Hong Kong, China 1.02 trillion compare
- 11 India 1.01 trillion compare
- 12 Switzerland 981.09 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 total current account credit/revenue, credit/revenue in Sub-Saharan Africa (SSA)?
- Total current account credit/revenue, credit/revenue in Sub-Saharan Africa (SSA) was 644.47 billion in 2024, according to International Monetary Fund.
- What is the highest total current account credit/revenue, credit/revenue recorded in Sub-Saharan Africa (SSA)?
- The highest recorded value was 644.47 billion in 2024.
- What is the lowest total current account credit/revenue, credit/revenue recorded in Sub-Saharan Africa (SSA)?
- The lowest recorded value was 268.41 billion in 2005.
- How does Sub-Saharan Africa (SSA) rank for total current account credit/revenue, credit/revenue?
- Sub-Saharan Africa (SSA) ranks 9th out of 9 groups with data for 2024.
- Is total current account credit/revenue, credit/revenue rising or falling in Sub-Saharan Africa (SSA)?
- Over the last ten years it is up 18.4%. 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 Total current account credit/revenue, Credit/Revenue (US dollar). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 20 observations, free to reuse under IMF Terms and Conditions (attribution required).
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.