Primary income payments in Sub-Saharan Africa (IDA & IBRD countries)
Sub-Saharan Africa (IDA & IBRD countries): Primary income payments was 84.50 billion BoP, current US$ in 2024. ◆ Volatile
Primary income payments in Sub-Saharan Africa (IDA & IBRD countries), 1979–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, primary income payments in Sub-Saharan Africa (IDA & IBRD countries) stood at 84.50 billion BoP, current US$.
That represents a change of down 4.4% on the previous year and up 17.9% over ten years.
Over the whole period, primary income payments in Sub-Saharan Africa (IDA & IBRD countries) peaked at 90.90 billion BoP, current US$ in 2022 and was at its lowest, 5.46 billion BoP, current US$, in 1979.
Sub-Saharan Africa (IDA & IBRD countries) ranks 31st of 47 groups on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Primary income payments in Sub-Saharan Africa (IDA & IBRD countries), year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1979 | 5.46 billion BoP, current US$ | — |
| 1980 | 8.37 billion BoP, current US$ | +53.4% |
| 1981 | 7.83 billion BoP, current US$ | -6.4% |
| 1982 | 7.55 billion BoP, current US$ | -3.5% |
| 1983 | 7.83 billion BoP, current US$ | +3.7% |
| 1984 | 7.79 billion BoP, current US$ | -0.6% |
| 1985 | 8.76 billion BoP, current US$ | +12.4% |
| 1986 | 8.55 billion BoP, current US$ | -2.3% |
| 1987 | 11.69 billion BoP, current US$ | +36.7% |
| 1988 | 12.12 billion BoP, current US$ | +3.7% |
| 1989 | 12.51 billion BoP, current US$ | +3.3% |
| 1990 | 14.06 billion BoP, current US$ | +12.4% |
| 1991 | 13.04 billion BoP, current US$ | -7.3% |
| 1992 | 12.32 billion BoP, current US$ | -5.5% |
| 1993 | 11.69 billion BoP, current US$ | -5.1% |
| 1994 | 11.00 billion BoP, current US$ | -5.9% |
| 1995 | 10.21 billion BoP, current US$ | -7.2% |
| 1996 | 11.82 billion BoP, current US$ | +15.8% |
| 1997 | 11.48 billion BoP, current US$ | -2.9% |
| 1998 | 10.42 billion BoP, current US$ | -9.2% |
| 1999 | 13.95 billion BoP, current US$ | +33.9% |
| 2000 | 16.44 billion BoP, current US$ | +17.9% |
| 2001 | 16.17 billion BoP, current US$ | -1.6% |
| 2002 | 15.35 billion BoP, current US$ | -5.1% |
| 2003 | 18.65 billion BoP, current US$ | +21.6% |
| 2004 | 21.06 billion BoP, current US$ | +12.9% |
| 2005 | 28.04 billion BoP, current US$ | +33.2% |
| 2006 | 37.78 billion BoP, current US$ | +34.7% |
| 2007 | 55.36 billion BoP, current US$ | +46.6% |
| 2008 | 64.76 billion BoP, current US$ | +17.0% |
| 2009 | 48.82 billion BoP, current US$ | -24.6% |
| 2010 | 65.95 billion BoP, current US$ | +35.1% |
| 2011 | 71.59 billion BoP, current US$ | +8.6% |
| 2012 | 71.07 billion BoP, current US$ | -0.7% |
| 2013 | 81.04 billion BoP, current US$ | +14.0% |
| 2014 | 71.65 billion BoP, current US$ | -11.6% |
| 2015 | 57.50 billion BoP, current US$ | -19.7% |
| 2016 | 52.23 billion BoP, current US$ | -9.2% |
| 2017 | 67.18 billion BoP, current US$ | +28.6% |
| 2018 | 73.99 billion BoP, current US$ | +10.2% |
| 2019 | 74.03 billion BoP, current US$ | +0.0% |
| 2020 | 56.25 billion BoP, current US$ | -24.0% |
| 2021 | 75.88 billion BoP, current US$ | +34.9% |
| 2022 | 90.90 billion BoP, current US$ | +19.8% |
| 2023 | 88.35 billion BoP, current US$ | -2.8% |
| 2024 | 84.50 billion BoP, current US$ | -4.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5.46 billion BoP, current US$ | 5.46 billion BoP, current US$ | 5.46 billion BoP, current US$ | 1 |
| 1980s | 9.30 billion BoP, current US$ | 7.55 billion BoP, current US$ | 12.51 billion BoP, current US$ | 10 |
| 1990s | 12.00 billion BoP, current US$ | 10.21 billion BoP, current US$ | 14.06 billion BoP, current US$ | 10 |
| 2000s | 32.24 billion BoP, current US$ | 15.35 billion BoP, current US$ | 64.76 billion BoP, current US$ | 10 |
| 2010s | 68.62 billion BoP, current US$ | 52.23 billion BoP, current US$ | 81.04 billion BoP, current US$ | 10 |
| 2020s | 79.18 billion BoP, current US$ | 56.25 billion BoP, current US$ | 90.90 billion BoP, current US$ | 5 |
Countries ranked near Sub-Saharan Africa (IDA & IBRD countries)
- 28 Russian Federation 43.32 billion BoP, current US$ compare
- 29 Denmark 37.70 billion BoP, current US$ compare
- 30 Czechia 37.01 billion BoP, current US$ compare
- 31 Hungary 34.36 billion BoP, current US$ compare
- 32 Malaysia 34.30 billion BoP, current US$ compare
- 33 Israel 33.91 billion BoP, current US$ compare
- 34 Thailand 33.09 billion BoP, current US$ compare
More economy & growth data for Sub-Saharan Africa (IDA & IBRD countries)
- GDP (current US$), per capita 1,673 current US$ per person (2025)
- Imports of goods and services 27.9% (2025)
- External balance on goods and services -0.0% (2025)
- Trade 55.7% (2024)
- GDP (current US$), annual growth rate 11.12 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added 379.88 billion constant 2015 US$ (2025)
- Agriculture, forestry, and fishing, value added 4.7% (2025)
- Industry (including construction), value added 4.1% (2025)
- Industry (including construction), value added 478.12 billion constant 2015 US$ (2025)
- Industry (including construction), value added 554.02 billion current US$ (2025)
Frequently asked questions
- What is primary income payments in Sub-Saharan Africa (IDA & IBRD countries)?
- Primary income payments in Sub-Saharan Africa (IDA & IBRD countries) was 84.50 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest primary income payments recorded in Sub-Saharan Africa (IDA & IBRD countries)?
- The highest recorded value was 90.90 billion BoP, current US$ in 2022.
- What is the lowest primary income payments recorded in Sub-Saharan Africa (IDA & IBRD countries)?
- The lowest recorded value was 5.46 billion BoP, current US$ in 1979.
- How does Sub-Saharan Africa (IDA & IBRD countries) rank for primary income payments?
- Sub-Saharan Africa (IDA & IBRD countries) ranks 31st out of 47 groups with data for 2024.
- Is primary income payments rising or falling in Sub-Saharan Africa (IDA & IBRD countries)?
- Over the last ten years it is up 17.9%. The long-run trend across the full record is volatile.
- Where does this Sub-Saharan Africa (IDA & IBRD countries) data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Primary income payments (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Primary income payments refer to employee compensation paid to nonresident workers and investment income (payments on direct investment, portfolio investment, other investments).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.