Secondary income receipts in Sub-Saharan Africa (IDA & IBRD countries)
Sub-Saharan Africa (IDA & IBRD countries): Secondary income receipts was 85.58 billion BoP, current US$ in 2024. ◆ Volatile
Secondary income receipts 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$.
Analysis
Sub-Saharan Africa (IDA & IBRD countries) recorded 85.58 billion BoP, current US$ for secondary income receipts in 2024. That is the highest value across all 42 years on record.
That represents a change of up 2.3% on the previous year and up 23.9% over ten years.
Over the whole period, secondary income receipts in Sub-Saharan Africa (IDA & IBRD countries) peaked at 85.58 billion BoP, current US$ in 2024 and was at its lowest, 2.88 billion BoP, current US$, in 1979.
That places Sub-Saharan Africa (IDA & IBRD countries) 30th out of 47 groups with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Secondary income receipts in Sub-Saharan Africa (IDA & IBRD countries), year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1979 | 2.88 billion BoP, current US$ | — |
| 1980 | 3.79 billion BoP, current US$ | +31.7% |
| 1981 | 4.05 billion BoP, current US$ | +6.8% |
| 1982 | 3.38 billion BoP, current US$ | -16.6% |
| 1983 | 3.74 billion BoP, current US$ | +10.8% |
| 1984 | 3.81 billion BoP, current US$ | +1.9% |
| 1985 | 4.48 billion BoP, current US$ | +17.6% |
| 1986 | 4.55 billion BoP, current US$ | +1.5% |
| 1987 | 5.61 billion BoP, current US$ | +23.3% |
| 1988 | 6.35 billion BoP, current US$ | +13.1% |
| 1989 | 6.77 billion BoP, current US$ | +6.6% |
| 1990 | 7.35 billion BoP, current US$ | +8.6% |
| 1991 | 7.70 billion BoP, current US$ | +4.7% |
| 1992 | 9.27 billion BoP, current US$ | +20.4% |
| 1993 | 8.76 billion BoP, current US$ | -5.5% |
| 1994 | 8.67 billion BoP, current US$ | -1.0% |
| 1995 | 8.35 billion BoP, current US$ | -3.8% |
| 1996 | 11.74 billion BoP, current US$ | +40.6% |
| 1997 | 8.29 billion BoP, current US$ | -29.4% |
| 1998 | 9.18 billion BoP, current US$ | +10.8% |
| 2003 | 11.76 billion BoP, current US$ | +28.1% |
| 2004 | 15.43 billion BoP, current US$ | +31.2% |
| 2005 | 32.44 billion BoP, current US$ | +110.2% |
| 2006 | 38.74 billion BoP, current US$ | +19.4% |
| 2007 | 45.15 billion BoP, current US$ | +16.5% |
| 2008 | 52.79 billion BoP, current US$ | +16.9% |
| 2009 | 49.72 billion BoP, current US$ | -5.8% |
| 2010 | 55.58 billion BoP, current US$ | +11.8% |
| 2011 | 59.85 billion BoP, current US$ | +7.7% |
| 2012 | 61.41 billion BoP, current US$ | +2.6% |
| 2013 | 63.92 billion BoP, current US$ | +4.1% |
| 2014 | 69.08 billion BoP, current US$ | +8.1% |
| 2015 | 68.52 billion BoP, current US$ | -0.8% |
| 2016 | 61.37 billion BoP, current US$ | -10.4% |
| 2017 | 66.53 billion BoP, current US$ | +8.4% |
| 2018 | 71.50 billion BoP, current US$ | +7.5% |
| 2019 | 77.34 billion BoP, current US$ | +8.2% |
| 2020 | 72.36 billion BoP, current US$ | -6.4% |
| 2021 | 76.87 billion BoP, current US$ | +6.2% |
| 2022 | 83.38 billion BoP, current US$ | +8.5% |
| 2023 | 83.68 billion BoP, current US$ | +0.4% |
| 2024 | 85.58 billion BoP, current US$ | +2.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.88 billion BoP, current US$ | 2.88 billion BoP, current US$ | 2.88 billion BoP, current US$ | 1 |
| 1980s | 4.65 billion BoP, current US$ | 3.38 billion BoP, current US$ | 6.77 billion BoP, current US$ | 10 |
| 1990s | 8.81 billion BoP, current US$ | 7.35 billion BoP, current US$ | 11.74 billion BoP, current US$ | 9 |
| 2000s | 35.15 billion BoP, current US$ | 11.76 billion BoP, current US$ | 52.79 billion BoP, current US$ | 7 |
| 2010s | 65.51 billion BoP, current US$ | 55.58 billion BoP, current US$ | 77.34 billion BoP, current US$ | 10 |
| 2020s | 80.37 billion BoP, current US$ | 72.36 billion BoP, current US$ | 85.58 billion BoP, current US$ | 5 |
Countries ranked near Sub-Saharan Africa (IDA & IBRD countries)
- 27 Morocco 15.45 billion BoP, current US$ compare
- 28 Poland 15.39 billion BoP, current US$ compare
- 29 Canada 15.25 billion BoP, current US$ compare
- 30 Uzbekistan 15.14 billion BoP, current US$ compare
- 31 Israel 13.86 billion BoP, current US$ compare
- 32 Portugal 13.70 billion BoP, current US$ compare
- 33 Dominican Republic 13.17 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 secondary income receipts in Sub-Saharan Africa (IDA & IBRD countries)?
- Secondary income receipts in Sub-Saharan Africa (IDA & IBRD countries) was 85.58 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 receipts recorded in Sub-Saharan Africa (IDA & IBRD countries)?
- The highest recorded value was 85.58 billion BoP, current US$ in 2024.
- What is the lowest secondary income receipts recorded in Sub-Saharan Africa (IDA & IBRD countries)?
- The lowest recorded value was 2.88 billion BoP, current US$ in 1979.
- How does Sub-Saharan Africa (IDA & IBRD countries) rank for secondary income receipts?
- Sub-Saharan Africa (IDA & IBRD countries) ranks 30th out of 47 groups with data for 2024.
- Is secondary income receipts rising or falling in Sub-Saharan Africa (IDA & IBRD countries)?
- Over the last ten years it is up 23.9%. 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 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.