Secondary income, other sectors, payments in Sub-Saharan Africa (IDA & IBRD countries)
Sub-Saharan Africa (IDA & IBRD countries): Secondary income, other sectors, payments was 12.70 billion BoP, current US$ in 2024. ◆ Volatile
Latest (2024)
12.70 billion BoP, current US$
Change on year
down 5.8%
Rank
27th
of 47 groups
All-time high
14.74 billion BoP, current US$
in 2022
All-time low
943.54 million BoP, current US$
in 1996
Years of data
44
1979–2024
Secondary income, other sectors, 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$.
Analysis
Sub-Saharan Africa (IDA & IBRD countries) recorded 12.70 billion BoP, current US$ for secondary income, other sectors, payments in 2024.
Compared with earlier readings it is down 5.8% on the previous year and up 4.7% over ten years.
Over the whole period, secondary income, other sectors, payments in Sub-Saharan Africa (IDA & IBRD countries) peaked at 14.74 billion BoP, current US$ in 2022 and was at its lowest, 943.54 million BoP, current US$, in 1996.
Sub-Saharan Africa (IDA & IBRD countries) ranks 27th of 47 groups on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Secondary income, other sectors, payments in Sub-Saharan Africa (IDA & IBRD countries), year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1979 | 1.23 billion BoP, current US$ | — |
| 1980 | 1.58 billion BoP, current US$ | +28.7% |
| 1981 | 1.49 billion BoP, current US$ | -5.7% |
| 1982 | 1.27 billion BoP, current US$ | -14.7% |
| 1983 | 1.33 billion BoP, current US$ | +4.8% |
| 1984 | 1.16 billion BoP, current US$ | -13.4% |
| 1985 | 1.25 billion BoP, current US$ | +8.0% |
| 1986 | 1.31 billion BoP, current US$ | +4.8% |
| 1987 | 1.25 billion BoP, current US$ | -4.3% |
| 1988 | 1.30 billion BoP, current US$ | +4.1% |
| 1989 | 1.32 billion BoP, current US$ | +0.8% |
| 1990 | 1.45 billion BoP, current US$ | +10.3% |
| 1991 | 1.24 billion BoP, current US$ | -14.3% |
| 1992 | 1.43 billion BoP, current US$ | +15.5% |
| 1993 | 1.20 billion BoP, current US$ | -16.7% |
| 1994 | 987.84 million BoP, current US$ | -17.4% |
| 1995 | 1.20 billion BoP, current US$ | +21.1% |
| 1996 | 943.54 million BoP, current US$ | -21.1% |
| 1997 | 1.06 billion BoP, current US$ | +12.6% |
| 1998 | 1.16 billion BoP, current US$ | +9.4% |
| 1999 | 1.35 billion BoP, current US$ | +16.1% |
| 2000 | 1.52 billion BoP, current US$ | +12.3% |
| 2003 | 1.93 billion BoP, current US$ | +27.0% |
| 2004 | 1.85 billion BoP, current US$ | -3.8% |
| 2005 | 3.33 billion BoP, current US$ | +80.1% |
| 2006 | 4.43 billion BoP, current US$ | +32.9% |
| 2007 | 6.06 billion BoP, current US$ | +36.6% |
| 2008 | 8.67 billion BoP, current US$ | +43.1% |
| 2009 | 7.14 billion BoP, current US$ | -17.6% |
| 2010 | 7.07 billion BoP, current US$ | -1.0% |
| 2011 | 9.01 billion BoP, current US$ | +27.5% |
| 2012 | 8.92 billion BoP, current US$ | -1.0% |
| 2013 | 9.88 billion BoP, current US$ | +10.8% |
| 2014 | 12.13 billion BoP, current US$ | +22.7% |
| 2015 | 12.65 billion BoP, current US$ | +4.3% |
| 2016 | 10.45 billion BoP, current US$ | -17.4% |
| 2017 | 9.32 billion BoP, current US$ | -10.8% |
| 2018 | 9.80 billion BoP, current US$ | +5.2% |
| 2019 | 10.16 billion BoP, current US$ | +3.6% |
| 2020 | 10.29 billion BoP, current US$ | +1.3% |
| 2021 | 11.61 billion BoP, current US$ | +12.8% |
| 2022 | 14.74 billion BoP, current US$ | +27.0% |
| 2023 | 13.48 billion BoP, current US$ | -8.6% |
| 2024 | 12.70 billion BoP, current US$ | -5.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.23 billion BoP, current US$ | 1.23 billion BoP, current US$ | 1.23 billion BoP, current US$ | 1 |
| 1980s | 1.33 billion BoP, current US$ | 1.16 billion BoP, current US$ | 1.58 billion BoP, current US$ | 10 |
| 1990s | 1.20 billion BoP, current US$ | 943.54 million BoP, current US$ | 1.45 billion BoP, current US$ | 10 |
| 2000s | 4.36 billion BoP, current US$ | 1.52 billion BoP, current US$ | 8.67 billion BoP, current US$ | 8 |
| 2010s | 9.94 billion BoP, current US$ | 7.07 billion BoP, current US$ | 12.65 billion BoP, current US$ | 10 |
| 2020s | 12.57 billion BoP, current US$ | 10.29 billion BoP, current US$ | 14.74 billion BoP, current US$ | 5 |
Countries ranked near Sub-Saharan Africa (IDA & IBRD countries)
- 24 Malaysia 10.21 billion BoP, current US$ compare
- 25 Sweden 9.97 billion BoP, current US$ compare
- 26 Israel 9.31 billion BoP, current US$ compare
- 27 Oman 9.18 billion BoP, current US$ compare
- 28 Thailand 9.03 billion BoP, current US$ compare
- 29 Australia 7.22 billion BoP, current US$ compare
- 30 Romania 6.87 billion BoP, current US$ compare
More economy & growth data for Sub-Saharan Africa (IDA & IBRD countries)
- Industry (including construction), value added (current US$), per 0.2506 current US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 4.68 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 0.1718 constant 2015 US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 287.43 constant 2015 US$ per person (2025)
- Manufacturing, value added (current US$), per unit of GDP 0.0962 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 160.95 current US$ per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.0917 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 153.4 constant 2015 US$ per person (2025)
- Industry (including construction), value added (current US$), annual 10.61 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 419.19 current US$ per person (2025)
Frequently asked questions
- What is secondary income, other sectors, payments in Sub-Saharan Africa (IDA & IBRD countries)?
- Secondary income, other sectors, payments in Sub-Saharan Africa (IDA & IBRD countries) was 12.70 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest secondary income, other sectors, payments recorded in Sub-Saharan Africa (IDA & IBRD countries)?
- The highest recorded value was 14.74 billion BoP, current US$ in 2022.
- What is the lowest secondary income, other sectors, payments recorded in Sub-Saharan Africa (IDA & IBRD countries)?
- The lowest recorded value was 943.54 million BoP, current US$ in 1996.
- How does Sub-Saharan Africa (IDA & IBRD countries) rank for secondary income, other sectors, payments?
- Sub-Saharan Africa (IDA & IBRD countries) ranks 27th out of 47 groups with data for 2024.
- Is secondary income, other sectors, payments rising or falling in Sub-Saharan Africa (IDA & IBRD countries)?
- Over the last ten years it is up 4.7%. 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 Secondary income, other sectors, payments (BoP, current US$). Statizoid updates them automatically from the source API.
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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.