Secondary income receipts in Africa Western and Central
Africa Western and Central: Secondary income receipts was 41.70 billion BoP, current US$ in 2023. ◆ Volatile
Secondary income receipts in Africa Western and Central, 1978–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Africa Western and Central recorded 41.70 billion BoP, current US$ for secondary income receipts in 2023.
That represents a change of up 5.0% on the previous year and up 23.2% over ten years.
Over the whole period, secondary income receipts in Africa Western and Central peaked at 41.84 billion BoP, current US$ in 2019 and was at its lowest, 1.28 billion BoP, current US$, in 1978.
Africa Western and Central ranks 40th of 45 groups on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Secondary income receipts in Africa Western and Central, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1978 | 1.28 billion BoP, current US$ | — |
| 1979 | 1.48 billion BoP, current US$ | +15.6% |
| 1980 | 1.68 billion BoP, current US$ | +13.5% |
| 1981 | 1.60 billion BoP, current US$ | -5.3% |
| 1982 | 1.47 billion BoP, current US$ | -7.6% |
| 1983 | 1.48 billion BoP, current US$ | +0.5% |
| 1984 | 1.44 billion BoP, current US$ | -2.9% |
| 1985 | 1.64 billion BoP, current US$ | +14.3% |
| 1986 | 1.67 billion BoP, current US$ | +1.8% |
| 1987 | 1.98 billion BoP, current US$ | +18.4% |
| 1988 | 2.27 billion BoP, current US$ | +14.5% |
| 1989 | 2.35 billion BoP, current US$ | +3.6% |
| 1990 | 2.56 billion BoP, current US$ | +8.8% |
| 1991 | 3.27 billion BoP, current US$ | +28.0% |
| 1992 | 3.59 billion BoP, current US$ | +9.7% |
| 1993 | 3.40 billion BoP, current US$ | -5.3% |
| 1994 | 3.05 billion BoP, current US$ | -10.4% |
| 1995 | 2.49 billion BoP, current US$ | -18.1% |
| 1996 | 2.46 billion BoP, current US$ | -1.3% |
| 1997 | 2.48 billion BoP, current US$ | +0.8% |
| 2003 | 4.41 billion BoP, current US$ | +77.9% |
| 2004 | 6.77 billion BoP, current US$ | +53.4% |
| 2005 | 20.89 billion BoP, current US$ | +208.5% |
| 2006 | 24.77 billion BoP, current US$ | +18.6% |
| 2007 | 26.53 billion BoP, current US$ | +7.1% |
| 2008 | 29.82 billion BoP, current US$ | +12.4% |
| 2009 | 28.25 billion BoP, current US$ | -5.3% |
| 2010 | 30.28 billion BoP, current US$ | +7.2% |
| 2011 | 33.17 billion BoP, current US$ | +9.6% |
| 2012 | 32.41 billion BoP, current US$ | -2.3% |
| 2013 | 33.85 billion BoP, current US$ | +4.4% |
| 2014 | 37.19 billion BoP, current US$ | +9.9% |
| 2015 | 37.79 billion BoP, current US$ | +1.6% |
| 2016 | 34.27 billion BoP, current US$ | -9.3% |
| 2017 | 35.69 billion BoP, current US$ | +4.1% |
| 2018 | 38.07 billion BoP, current US$ | +6.7% |
| 2019 | 41.84 billion BoP, current US$ | +9.9% |
| 2020 | 37.82 billion BoP, current US$ | -9.6% |
| 2021 | 38.76 billion BoP, current US$ | +2.5% |
| 2022 | 39.73 billion BoP, current US$ | +2.5% |
| 2023 | 41.70 billion BoP, current US$ | +5.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.38 billion BoP, current US$ | 1.28 billion BoP, current US$ | 1.48 billion BoP, current US$ | 2 |
| 1980s | 1.76 billion BoP, current US$ | 1.44 billion BoP, current US$ | 2.35 billion BoP, current US$ | 10 |
| 1990s | 2.91 billion BoP, current US$ | 2.46 billion BoP, current US$ | 3.59 billion BoP, current US$ | 8 |
| 2000s | 20.21 billion BoP, current US$ | 4.41 billion BoP, current US$ | 29.82 billion BoP, current US$ | 7 |
| 2010s | 35.46 billion BoP, current US$ | 30.28 billion BoP, current US$ | 41.84 billion BoP, current US$ | 10 |
| 2020s | 39.50 billion BoP, current US$ | 37.82 billion BoP, current US$ | 41.70 billion BoP, current US$ | 4 |
Countries ranked near Africa Western and Central
- 37 Norway 11.72 billion BoP, current US$ compare
- 38 Romania 10.56 billion BoP, current US$ compare
- 39 South Korea 10.43 billion BoP, current US$ compare
- 40 El Salvador 10.36 billion BoP, current US$ compare
- 41 Ireland 9.92 billion BoP, current US$ compare
- 42 Australia 9.60 billion BoP, current US$ compare
- 43 Austria 8.80 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 secondary income receipts in Africa Western and Central?
- Secondary income receipts in Africa Western and Central was 41.70 billion BoP, current US$ in 2023, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest secondary income receipts recorded in Africa Western and Central?
- The highest recorded value was 41.84 billion BoP, current US$ in 2019.
- What is the lowest secondary income receipts recorded in Africa Western and Central?
- The lowest recorded value was 1.28 billion BoP, current US$ in 1978.
- How does Africa Western and Central rank for secondary income receipts?
- Africa Western and Central ranks 40th out of 45 groups with data for 2023.
- Is secondary income receipts rising or falling in Africa Western and Central?
- Over the last ten years it is up 23.2%. 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 Secondary income receipts (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.