Personal transfers, receipts (BoP, current US$) in Sub-Saharan Africa
Sub-Saharan Africa: Personal transfers, receipts (BoP, current US$) was 54.20 billion BoP, current US$ in 2024. ▲ Rising
Personal transfers, receipts in Sub-Saharan Africa, 2004–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for personal transfers, receipts in Sub-Saharan Africa is 54.20 billion BoP, current US$, measured in 2024. That is the highest value across all 21 years on record.
Compared with earlier readings it is up 11.0% on the previous year and up 46.2% over ten years.
Over the whole period, personal transfers, receipts in Sub-Saharan Africa peaked at 54.20 billion BoP, current US$ in 2024 and was at its lowest, 6.15 billion BoP, current US$, in 2004.
Sub-Saharan Africa ranks 25th of 43 groups on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 21 years of available data.
Personal transfers, receipts (BoP, current US$) in Sub-Saharan Africa, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2004 | 6.15 billion BoP, current US$ | — |
| 2005 | 18.17 billion BoP, current US$ | +195.4% |
| 2006 | 21.19 billion BoP, current US$ | +16.6% |
| 2007 | 23.43 billion BoP, current US$ | +10.6% |
| 2008 | 26.18 billion BoP, current US$ | +11.7% |
| 2009 | 26.04 billion BoP, current US$ | -0.5% |
| 2010 | 28.87 billion BoP, current US$ | +10.9% |
| 2011 | 34.02 billion BoP, current US$ | +17.9% |
| 2012 | 34.50 billion BoP, current US$ | +1.4% |
| 2013 | 34.89 billion BoP, current US$ | +1.1% |
| 2014 | 37.08 billion BoP, current US$ | +6.3% |
| 2015 | 39.73 billion BoP, current US$ | +7.1% |
| 2016 | 36.29 billion BoP, current US$ | -8.7% |
| 2017 | 39.55 billion BoP, current US$ | +9.0% |
| 2018 | 44.87 billion BoP, current US$ | +13.5% |
| 2019 | 44.59 billion BoP, current US$ | -0.6% |
| 2020 | 38.33 billion BoP, current US$ | -14.0% |
| 2021 | 41.88 billion BoP, current US$ | +9.3% |
| 2022 | 46.84 billion BoP, current US$ | +11.8% |
| 2023 | 48.83 billion BoP, current US$ | +4.3% |
| 2024 | 54.20 billion BoP, current US$ | +11.0% |
Biggest year-on-year movements
Years where Personal transfers, receipts (BoP, current US$) in Sub-Saharan Africa changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2005 | +195.4% | 6.15 billion BoP, current US$ | 18.17 billion BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 20.19 billion BoP, current US$ | 6.15 billion BoP, current US$ | 26.18 billion BoP, current US$ | 6 |
| 2010s | 37.44 billion BoP, current US$ | 28.87 billion BoP, current US$ | 44.87 billion BoP, current US$ | 10 |
| 2020s | 46.02 billion BoP, current US$ | 38.33 billion BoP, current US$ | 54.20 billion BoP, current US$ | 5 |
Countries ranked near Sub-Saharan Africa
- 22 South Korea 6.29 billion BoP, current US$ compare
- 23 China 6.20 billion BoP, current US$ compare
- 24 Serbia 6.05 billion BoP, current US$ compare
- 25 Russia 5.78 billion BoP, current US$ compare
- 26 Romania 5.60 billion BoP, current US$ compare
- 27 Peru 5.30 billion BoP, current US$ compare
- 28 Nicaragua 5.24 billion BoP, current US$ compare
More economy & growth data for Sub-Saharan Africa
- IMF holdings of currency, US dollar, per capita 23.52 units per person (2025)
- SDR Allocation, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Lending to the IMF (GRA), SDR, per capita 0 units per person (2025)
- IMF holdings of currency, SDR, per capita 17.18 units per person (2025)
- IMF holdings of currency, SDR, per unit of GDP 0.0103 units per US$ of GDP (2025)
- IMF holdings of currency, SDR, annual growth rate -9.38 % change on previous year (2025)
- IMF holdings of currency, US dollar, annual growth rate -4.84 % change on previous year (2025)
- SDRs holdings, SDR, annual growth rate 3.32 % change on previous year (2025)
- SDRs holdings, SDR, per capita 12.01 units per person (2025)
- SDR Allocation, US dollar, per unit of GDP 0.0154 units per US$ of GDP (2025)
Frequently asked questions
- What is personal transfers, receipts in Sub-Saharan Africa?
- Personal transfers, receipts in Sub-Saharan Africa was 54.20 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest personal transfers, receipts recorded in Sub-Saharan Africa?
- The highest recorded value was 54.20 billion BoP, current US$ in 2024.
- What is the lowest personal transfers, receipts recorded in Sub-Saharan Africa?
- The lowest recorded value was 6.15 billion BoP, current US$ in 2004.
- How does Sub-Saharan Africa rank for personal transfers, receipts?
- Sub-Saharan Africa ranks 25th out of 43 groups with data for 2024.
- Is personal transfers, receipts rising or falling in Sub-Saharan Africa?
- Over the last ten years it is up 46.2%. The long-run trend across the full record is rising.
- Where does this Sub-Saharan Africa 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.