Secondary income receipts in Sub-Saharan Africa
Sub-Saharan Africa: Secondary income receipts was 85.58 billion BoP, current US$ in 2024. ◆ Volatile
Secondary income receipts in Sub-Saharan Africa, 1979–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for secondary income receipts in Sub-Saharan Africa is 85.58 billion BoP, current US$, measured 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 peaked at 85.58 billion BoP, current US$ in 2024 and was at its lowest, 2.88 billion BoP, current US$, in 1979.
That places Sub-Saharan Africa 28th out of 45 groups with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Secondary income receipts in Sub-Saharan Africa, year by year
| Year | BoP, current US$ | 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
- 25 Viet Nam 17.12 billion BoP, current US$ compare
- 26 Luxembourg 16.59 billion BoP, current US$ compare
- 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
More economy & growth data for Sub-Saharan Africa
- Gross value added at basic prices (GVA) (constant 2015 US$), per 1,522 constant 2015 US$ per person (2025)
- Gross domestic savings (current US$), annual growth rate 161.35 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.9653 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), annual growth rate 4.14 % change on previous year (2025)
- GDP (current US$), per capita 1,673 current US$ per person (2025)
- GDP (current US$), annual growth rate 11.12 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 1,562 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 11.23 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9339 current US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 1,615 constant 2015 US$ per person (2025)
Frequently asked questions
- What is secondary income receipts in Sub-Saharan Africa?
- Secondary income receipts in Sub-Saharan Africa 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?
- 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?
- The lowest recorded value was 2.88 billion BoP, current US$ in 1979.
- How does Sub-Saharan Africa rank for secondary income receipts?
- Sub-Saharan Africa ranks 28th out of 45 groups with data for 2024.
- Is secondary income receipts rising or falling in Sub-Saharan Africa?
- 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 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.