Australia vs Sub-Saharan Africa (IDA & IBRD countries): Secondary income, other sectors, payments
Secondary income, other sectors, payments over time
- Australia
- Sub-Saharan Africa (IDA & IBRD countries)
How they compare
Sub-Saharan Africa (IDA & IBRD countries) currently reports 12.70 billion BoP, current US$ against 7.22 billion BoP, current US$ in Australia, a difference of 5.49 billion BoP, current US$.
That makes Sub-Saharan Africa (IDA & IBRD countries)'s figure about 1.8 times Australia's.
The two have swapped places 2 times across 34 shared years of data; in 1989 it was Sub-Saharan Africa (IDA & IBRD countries) ahead.
Australia ranks 29th and Sub-Saharan Africa (IDA & IBRD countries) ranks 27th of 198 countries.
Across the 5 decades both report, Australia averaged higher in 1 and Sub-Saharan Africa (IDA & IBRD countries) in 4.
Head to head by decade
| Decade | Australia | Sub-Saharan Africa (IDA & IBRD countries) | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 921.54 million BoP, current US$ | 1.32 billion BoP, current US$ | 393.67 million BoP, current US$ | Sub-Saharan Africa (IDA & IBRD countries) |
| 1990s | 2.04 billion BoP, current US$ | 1.20 billion BoP, current US$ | 836.52 million BoP, current US$ | Australia |
| 2000s | 3.25 billion BoP, current US$ | 4.36 billion BoP, current US$ | 1.11 billion BoP, current US$ | Sub-Saharan Africa (IDA & IBRD countries) |
| 2010s | 4.96 billion BoP, current US$ | 9.94 billion BoP, current US$ | 4.97 billion BoP, current US$ | Sub-Saharan Africa (IDA & IBRD countries) |
| 2020s | 6.15 billion BoP, current US$ | 12.57 billion BoP, current US$ | 6.41 billion BoP, current US$ | Sub-Saharan Africa (IDA & IBRD countries) |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher secondary income, other sectors, payments, Australia or Sub-Saharan Africa (IDA & IBRD countries)?
- Sub-Saharan Africa (IDA & IBRD countries), at 12.70 billion BoP, current US$ against 7.22 billion BoP, current US$ in Australia as of 2024.
- What is the difference in secondary income, other sectors, payments between Australia and Sub-Saharan Africa (IDA & IBRD countries)?
- 5.49 billion BoP, current US$, with Sub-Saharan Africa (IDA & IBRD countries) ahead.
- How many years of comparable data are there for Australia and Sub-Saharan Africa (IDA & IBRD countries)?
- 34 years are reported by both, from 1989 to 2024.
- How do Australia and Sub-Saharan Africa (IDA & IBRD countries) rank globally for secondary income, other sectors, payments?
- Australia ranks 29th and Sub-Saharan Africa (IDA & IBRD countries) ranks 27th of 198 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Secondary income, other sectors, payments (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.