Africa Western and Central's secondary income, other sectors, payments (BoP, current US$) was US$5.61 billion in 2023, the latest year in the World Bank's World Development Indicators. That is up 49.65% from US$3.75 billion in 2013 (4.11% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$5.61 billion | 2023 |
| Five years earlier | US$4.67 billion | 2018 |
| Ten years earlier | US$3.75 billion | 2013 |
| Highest | US$8.25 billion | 2015 |
| Lowest | US$316.15 million | 1997 |
| Average since 2014 | US$5.42 billion | 2014–2023 |
| First recorded | US$591.32 million |
What the numbers say
In 2023, Africa Western and Central's secondary income, other sectors, payments (BoP, current US$) rose 4.4% on 2022 (from US$5.37 billion to US$5.61 billion).
Across the 30 yearly changes before that (1985 to 2022), the average change was +3.1% and a typical year strayed about 20.6% from that (the standard deviation). This year's change was 0.1 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 61.8% in 2014 and the biggest yearly fall was 29.8% in 1995. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2014 to 2023 there is no clear straight-line trend: a straight line explains 28% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
See how every economy compares in the full ranking.
| Value | Year | |
|---|---|---|
| Africa Western and Central | US$5.61 billion | 2023 |
| World | US$1.27 trillion | 2024 |
What this measures
Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
Regional and income-group figures are computed by the World Bank as a sum.
All 39 values
| Year | Secondary income, other sectors, payments (BoP, current US$) |
|---|---|
| 2023 | 5,612,059,345 |
| 2022 | 5,374,564,032 |
| 2021 | 4,093,258,397 |
| 2020 | 4,519,585,392 |
| 2019 | 4,587,942,541 |
| 2018 | 4,669,014,273 |
| 2017 | 4,582,115,018 |
| 2016 | 6,426,803,845 |
| 2015 | 8,251,834,518 |
| 2014 | 6,067,643,479 |
Secondary income, other sectors, payments (BoP, current US$) in nearby economies
- Afghanistan — US$339.18 million (2020)
- Algeria — US$235.89 million (2025)
- Bahrain — US$2.55 billion (2025)
- Djibouti — US$18.16 million (2024)
- Egypt, Arab Rep. — US$756.1 million (2025)
- Iraq — US$646.9 million (2025)
- Israel — US$9.49 billion (2025)
- Jordan — US$633.38 million (2024)
- Kuwait — US$16.83 billion (2025)
More economic policy & debt data for Africa Western and Central
- GDP (current US$) — US$852.53 billion (2025)
- GDP (constant 2015 US$) — US$991.22 billion (2025)
- GDP per capita (current US$) — US$1,600 (2025)
- GDP per capita (constant 2015 US$) — US$1,860 (2025)
- GDP (annual % growth) — 4.6% (2025)
- GDP per capita (annual % growth) — 2.21% (2025)
- Foreign direct investment, net inflows (BoP, current US$) — US$21.54 billion (2025)
- Foreign direct investment, net inflows (% of GDP) — 2.53% (2025)
- Short-term debt (% of total reserves) — 46.6% (2024)
Reading data like this
Questions people ask
- What is Africa Western and Central's secondary income, other sectors, payments (BoP, current US$)?
- US$5.61 billion in 2023, according to the World Bank (World Development Indicators).
- How has it changed since 1978?
- It is up 849.07% from US$591.32 million in 1978 (5.13% a year on average, compounded). The highest value was US$8.25 billion in 2015 and the lowest US$316.15 million in 1997.
- Is the latest change in secondary income, other sectors, payments (BoP, current US$) unusual for Africa Western and Central?
- In 2023, Africa Western and Central's secondary income, other sectors, payments (BoP, current US$) rose 4.4% on 2022 (from US$5.37 billion to US$5.61 billion). Across the 30 yearly changes before that (1985 to 2022), the average change was +3.1% and a typical year strayed about 20.6% from that (the standard deviation). This year's change was 0.1 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator BM.TRF.PRVT.CD, licensed CC BY 4.0. Original source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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