Secondary income, other sectors, payments in Sub-Saharan Africa
Sub-Saharan Africa: 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, 1979–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for secondary income, other sectors, payments in Sub-Saharan Africa is 12.70 billion BoP, current US$, measured 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 peaked at 14.74 billion BoP, current US$ in 2022 and was at its lowest, 943.54 million BoP, current US$, in 1996.
That places Sub-Saharan Africa 27th out of 47 groups with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Secondary income, other sectors, payments in Sub-Saharan Africa, year by year
| Year | BoP, current US$ | 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
- 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
- Industry (including construction), value added (current US$), annual 10.61 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 361.76 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9339 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 1,562 current US$ per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 4.26 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 1,522 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant 2015 US$) 0.2162 constant 2015 US$ per US$ of GDP (2025)
- GDP (current US$), annual growth rate 11.12 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 11.23 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.9096 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is secondary income, other sectors, payments in Sub-Saharan Africa?
- Secondary income, other sectors, payments in Sub-Saharan Africa 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?
- 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?
- The lowest recorded value was 943.54 million BoP, current US$ in 1996.
- How does Sub-Saharan Africa rank for secondary income, other sectors, payments?
- Sub-Saharan Africa ranks 27th out of 47 groups with data for 2024.
- Is secondary income, other sectors, payments rising or falling in Sub-Saharan Africa?
- 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 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.
Download this data
CSV · JSON — 44 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.