Primary income receipts in Africa Western and Central
Africa Western and Central: Primary income receipts was 6.35 billion BoP, current US$ in 2023. ◆ Volatile
Primary income receipts in Africa Western and Central, 1982–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for primary income receipts in Africa Western and Central is 6.35 billion BoP, current US$, measured in 2023. That is the highest value across all 37 years on record.
That represents a change of up 16.2% on the previous year and up 117.2% over ten years.
Over the whole period, primary income receipts in Africa Western and Central peaked at 6.35 billion BoP, current US$ in 2023 and was at its lowest, 203.44 million BoP, current US$, in 1988.
That places Africa Western and Central 41st out of 45 groups with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Primary income receipts in Africa Western and Central, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1982 | 375.45 million BoP, current US$ | — |
| 1983 | 260.70 million BoP, current US$ | -30.6% |
| 1984 | 216.66 million BoP, current US$ | -16.9% |
| 1985 | 264.78 million BoP, current US$ | +22.2% |
| 1986 | 240.73 million BoP, current US$ | -9.1% |
| 1987 | 217.53 million BoP, current US$ | -9.6% |
| 1988 | 203.44 million BoP, current US$ | -6.5% |
| 1989 | 333.24 million BoP, current US$ | +63.8% |
| 1990 | 420.92 million BoP, current US$ | +26.3% |
| 1991 | 479.86 million BoP, current US$ | +14.0% |
| 1992 | 503.14 million BoP, current US$ | +4.9% |
| 1993 | 340.50 million BoP, current US$ | -32.3% |
| 1994 | 218.65 million BoP, current US$ | -35.8% |
| 1995 | 257.95 million BoP, current US$ | +18.0% |
| 1996 | 377.16 million BoP, current US$ | +46.2% |
| 1997 | 343.37 million BoP, current US$ | -9.0% |
| 2003 | 514.91 million BoP, current US$ | +50.0% |
| 2004 | 643.91 million BoP, current US$ | +25.1% |
| 2005 | 953.75 million BoP, current US$ | +48.1% |
| 2006 | 2.69 billion BoP, current US$ | +181.6% |
| 2007 | 3.71 billion BoP, current US$ | +38.3% |
| 2008 | 3.58 billion BoP, current US$ | -3.7% |
| 2009 | 2.33 billion BoP, current US$ | -34.7% |
| 2010 | 2.18 billion BoP, current US$ | -6.8% |
| 2011 | 2.70 billion BoP, current US$ | +24.1% |
| 2012 | 2.76 billion BoP, current US$ | +2.3% |
| 2013 | 2.92 billion BoP, current US$ | +5.7% |
| 2014 | 3.62 billion BoP, current US$ | +24.1% |
| 2015 | 3.23 billion BoP, current US$ | -10.8% |
| 2016 | 3.27 billion BoP, current US$ | +1.0% |
| 2017 | 3.75 billion BoP, current US$ | +14.8% |
| 2018 | 4.95 billion BoP, current US$ | +31.8% |
| 2019 | 5.26 billion BoP, current US$ | +6.4% |
| 2020 | 4.90 billion BoP, current US$ | -6.9% |
| 2021 | 5.29 billion BoP, current US$ | +8.1% |
| 2022 | 5.46 billion BoP, current US$ | +3.2% |
| 2023 | 6.35 billion BoP, current US$ | +16.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 264.07 million BoP, current US$ | 203.44 million BoP, current US$ | 375.45 million BoP, current US$ | 8 |
| 1990s | 367.69 million BoP, current US$ | 218.65 million BoP, current US$ | 503.14 million BoP, current US$ | 8 |
| 2000s | 2.06 billion BoP, current US$ | 514.91 million BoP, current US$ | 3.71 billion BoP, current US$ | 7 |
| 2010s | 3.46 billion BoP, current US$ | 2.18 billion BoP, current US$ | 5.26 billion BoP, current US$ | 10 |
| 2020s | 5.50 billion BoP, current US$ | 4.90 billion BoP, current US$ | 6.35 billion BoP, current US$ | 4 |
Countries ranked near Africa Western and Central
- 38 Czechia 18.89 billion BoP, current US$ compare
- 39 Philippines 17.68 billion BoP, current US$ compare
- 40 Thailand 17.29 billion BoP, current US$ compare
- 41 Macao 13.91 billion BoP, current US$ compare
- 42 Mauritius 12.98 billion BoP, current US$ compare
- 43 Chile 12.88 billion BoP, current US$ compare
- 44 Greece 12.21 billion BoP, current US$ compare
More economy & growth data for Africa Western and Central
- GNI, Atlas method (current US$), per unit of GDP 0.9767 current US$ per US$ of GDP (2025)
- Services, value added 528.98 billion constant 2015 US$ (2025)
- Services, value added 423.32 billion current US$ (2025)
- GNI, Atlas method (current US$), per capita 1,563 current US$ per person (2025)
- Industry (including construction), value added 23.2% (2025)
- Industry (including construction), value added 4.5% (2025)
- Industry (including construction), value added 196.30 billion constant 2015 US$ (2025)
- Industry (including construction), value added 198.19 billion current US$ (2025)
- Manufacturing, value added 9.9% (2025)
- Inflation, consumer prices 1.7% (2025)
Frequently asked questions
- What is primary income receipts in Africa Western and Central?
- Primary income receipts in Africa Western and Central was 6.35 billion BoP, current US$ in 2023, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest primary income receipts recorded in Africa Western and Central?
- The highest recorded value was 6.35 billion BoP, current US$ in 2023.
- What is the lowest primary income receipts recorded in Africa Western and Central?
- The lowest recorded value was 203.44 million BoP, current US$ in 1988.
- How does Africa Western and Central rank for primary income receipts?
- Africa Western and Central ranks 41st out of 45 groups with data for 2023.
- Is primary income receipts rising or falling in Africa Western and Central?
- Over the last ten years it is up 117.2%. The long-run trend across the full record is volatile.
- 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 Primary income receipts (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Primary income receipts refer to employee compensation paid to resident workers working abroad and investment income (receipts on direct investment, portfolio investment, other investments, and receipts on reserve assets). 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.