Personal transfers, receipts in Africa Western and Central
Africa Western and Central: Personal transfers, receipts was 31.61 billion BoP, current US$ in 2023. ▲ Rising
Personal transfers, receipts in Africa Western and Central, 1996–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Africa Western and Central recorded 31.61 billion BoP, current US$ for personal transfers, receipts in 2023.
Compared with earlier readings it is up 2.7% on the previous year and up 16.4% over ten years.
Over the whole period, personal transfers, receipts in Africa Western and Central peaked at 33.87 billion BoP, current US$ in 2019 and was at its lowest, 753.04 million BoP, current US$, in 1996.
That places Africa Western and Central 34th out of 41 groups with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 22 years of available data.
Personal transfers, receipts in Africa Western and Central, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1996 | 753.04 million BoP, current US$ | — |
| 2003 | 2.30 billion BoP, current US$ | +204.8% |
| 2004 | 3.73 billion BoP, current US$ | +62.7% |
| 2005 | 16.20 billion BoP, current US$ | +333.9% |
| 2006 | 18.84 billion BoP, current US$ | +16.2% |
| 2007 | 20.44 billion BoP, current US$ | +8.5% |
| 2008 | 22.15 billion BoP, current US$ | +8.4% |
| 2009 | 21.23 billion BoP, current US$ | -4.2% |
| 2010 | 23.09 billion BoP, current US$ | +8.7% |
| 2011 | 26.78 billion BoP, current US$ | +16.0% |
| 2012 | 26.83 billion BoP, current US$ | +0.2% |
| 2013 | 27.15 billion BoP, current US$ | +1.2% |
| 2014 | 28.08 billion BoP, current US$ | +3.4% |
| 2015 | 30.30 billion BoP, current US$ | +7.9% |
| 2016 | 27.54 billion BoP, current US$ | -9.1% |
| 2017 | 30.68 billion BoP, current US$ | +11.4% |
| 2018 | 33.54 billion BoP, current US$ | +9.3% |
| 2019 | 33.87 billion BoP, current US$ | +1.0% |
| 2020 | 28.26 billion BoP, current US$ | -16.5% |
| 2021 | 28.94 billion BoP, current US$ | +2.4% |
| 2022 | 30.77 billion BoP, current US$ | +6.3% |
| 2023 | 31.61 billion BoP, current US$ | +2.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 753.04 million BoP, current US$ | 753.04 million BoP, current US$ | 753.04 million BoP, current US$ | 1 |
| 2000s | 14.98 billion BoP, current US$ | 2.30 billion BoP, current US$ | 22.15 billion BoP, current US$ | 7 |
| 2010s | 28.79 billion BoP, current US$ | 23.09 billion BoP, current US$ | 33.87 billion BoP, current US$ | 10 |
| 2020s | 29.90 billion BoP, current US$ | 28.26 billion BoP, current US$ | 31.61 billion BoP, current US$ | 4 |
Countries ranked near Africa Western and Central
- 31 Brazil 4.23 billion BoP, current US$ compare
- 32 Haiti 4.11 billion BoP, current US$ compare
- 33 Jordan 4.07 billion BoP, current US$ compare
- 34 Ukraine 3.84 billion BoP, current US$ compare
- 35 Yemen 3.77 billion BoP, current US$ compare
- 36 Zimbabwe 3.51 billion BoP, current US$ compare
- 37 Poland 3.49 billion BoP, current US$ compare
More economy & growth data for Africa Western and Central
- Agriculture, forestry, and fishing, value added 220.68 billion constant 2015 US$ (2025)
- Industry (including construction), value added 198.19 billion current US$ (2025)
- Manufacturing, value added 9.9% (2025)
- GDP per capita 1,860 constant 2015 US$ (2025)
- Manufacturing, value added 92.31 billion constant 2015 US$ (2025)
- Manufacturing, value added 84.38 billion current US$ (2025)
- GDP per capita growth 2.2% (2025)
- Agriculture, forestry, and fishing, value added 3.8% (2025)
- GNI (current US$), per capita 1,536 current US$ per person (2025)
- GNI per capita, Atlas method 1,563 current US$ (2025)
Frequently asked questions
- What is personal transfers, receipts in Africa Western and Central?
- Personal transfers, receipts in Africa Western and Central was 31.61 billion BoP, current US$ in 2023, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest personal transfers, receipts recorded in Africa Western and Central?
- The highest recorded value was 33.87 billion BoP, current US$ in 2019.
- What is the lowest personal transfers, receipts recorded in Africa Western and Central?
- The lowest recorded value was 753.04 million BoP, current US$ in 1996.
- How does Africa Western and Central rank for personal transfers, receipts?
- Africa Western and Central ranks 34th out of 41 groups with data for 2023.
- Is personal transfers, receipts rising or falling in Africa Western and Central?
- Over the last ten years it is up 16.4%. The long-run trend across the full record is rising.
- Where does this Africa Western and Central data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Personal transfers, receipts (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Personal transfers are current transfers, in cash or in kind, received by resident households from non-resident households. 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.