Net financial flows, bilateral (NFL, current US$) in Sub-Saharan Africa (excluding high income)
Sub-Saharan Africa (excluding high income): Net financial flows, bilateral (NFL, current US$) was -170.66 million NFL, current US$ in 2024. ◆ Volatile
Latest (2024)
-170.66 million NFL, current US$
Change on year
down 110.4%
Rank
9th
of 12 groups
All-time high
10.21 billion NFL, current US$
in 2018
All-time low
-4.53 billion NFL, current US$
in 2006
Years of data
55
1970–2024
Net financial flows, bilateral in Sub-Saharan Africa (excluding high income), 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in NFL, current US$.
Analysis
In 2024, net financial flows, bilateral in Sub-Saharan Africa (excluding high income) stood at -170.66 million NFL, current US$.
Compared with earlier readings it is down 110.4% on the previous year and down 101.7% over ten years.
Over the whole period, net financial flows, bilateral in Sub-Saharan Africa (excluding high income) peaked at 10.21 billion NFL, current US$ in 2018 and was at its lowest, -4.53 billion NFL, current US$, in 2006.
The series is highly variable year to year, so single readings are best treated with caution.
Net financial flows, bilateral (NFL, current US$) in Sub-Saharan Africa (excluding high income), year by year
| Year | NFL, current US$ | Change |
|---|---|---|
| 1970 | 377.60 million NFL, current US$ | — |
| 1971 | 1.25 billion NFL, current US$ | +231.9% |
| 1972 | 450.20 million NFL, current US$ | -64.1% |
| 1973 | 608.74 million NFL, current US$ | +35.2% |
| 1974 | 1.15 billion NFL, current US$ | +89.2% |
| 1975 | 1.36 billion NFL, current US$ | +17.8% |
| 1976 | 1.15 billion NFL, current US$ | -15.6% |
| 1977 | 1.10 billion NFL, current US$ | -4.3% |
| 1978 | 1.32 billion NFL, current US$ | +20.0% |
| 1979 | 2.28 billion NFL, current US$ | +73.0% |
| 1980 | 2.09 billion NFL, current US$ | -8.2% |
| 1981 | 3.29 billion NFL, current US$ | +57.2% |
| 1982 | 3.79 billion NFL, current US$ | +15.4% |
| 1983 | 3.37 billion NFL, current US$ | -11.2% |
| 1984 | 2.79 billion NFL, current US$ | -17.0% |
| 1985 | 1.55 billion NFL, current US$ | -44.4% |
| 1986 | 2.17 billion NFL, current US$ | +39.7% |
| 1987 | 2.49 billion NFL, current US$ | +14.8% |
| 1988 | 1.90 billion NFL, current US$ | -23.9% |
| 1989 | 2.42 billion NFL, current US$ | +27.4% |
| 1990 | 1.49 billion NFL, current US$ | -38.3% |
| 1991 | 1.14 billion NFL, current US$ | -23.3% |
| 1992 | 1.54 billion NFL, current US$ | +34.7% |
| 1993 | 1.42 billion NFL, current US$ | -8.0% |
| 1994 | 646.78 million NFL, current US$ | -54.4% |
| 1995 | 741.52 million NFL, current US$ | +14.6% |
| 1996 | 46.53 million NFL, current US$ | -93.7% |
| 1997 | -133.91 million NFL, current US$ | -387.8% |
| 1998 | -758.12 million NFL, current US$ | +466.1% |
| 1999 | -909.32 million NFL, current US$ | +19.9% |
| 2000 | -1.05 billion NFL, current US$ | +15.8% |
| 2001 | -2.40 billion NFL, current US$ | +127.8% |
| 2002 | -429.50 million NFL, current US$ | -82.1% |
| 2003 | -1.10 billion NFL, current US$ | +156.4% |
| 2004 | -732.30 million NFL, current US$ | -33.5% |
| 2005 | -3.67 billion NFL, current US$ | +401.5% |
| 2006 | -4.53 billion NFL, current US$ | +23.4% |
| 2007 | 1.09 billion NFL, current US$ | -124.1% |
| 2008 | -340.86 million NFL, current US$ | -131.2% |
| 2009 | 2.83 billion NFL, current US$ | -930.0% |
| 2010 | 3.91 billion NFL, current US$ | +38.2% |
| 2011 | 5.08 billion NFL, current US$ | +30.0% |
| 2012 | 6.22 billion NFL, current US$ | +22.4% |
| 2013 | 7.96 billion NFL, current US$ | +28.0% |
| 2014 | 9.83 billion NFL, current US$ | +23.5% |
| 2015 | 9.16 billion NFL, current US$ | -6.9% |
| 2016 | 6.40 billion NFL, current US$ | -30.2% |
| 2017 | 7.47 billion NFL, current US$ | +16.8% |
| 2018 | 10.21 billion NFL, current US$ | +36.7% |
| 2019 | 5.40 billion NFL, current US$ | -47.1% |
| 2020 | 4.14 billion NFL, current US$ | -23.4% |
| 2021 | 3.12 billion NFL, current US$ | -24.5% |
| 2022 | 353.17 million NFL, current US$ | -88.7% |
| 2023 | 1.64 billion NFL, current US$ | +363.1% |
| 2024 | -170.66 million NFL, current US$ | -110.4% |
Biggest year-on-year movements
Years where Net financial flows, bilateral (NFL, current US$) in Sub-Saharan Africa (excluding high income) changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2009 | +930.0% | -340.86 million NFL, current US$ | 2.83 billion NFL, current US$ |
| 1998 | -466.1% | -133.91 million NFL, current US$ | -758.12 million NFL, current US$ |
| 2005 | -401.5% | -732.30 million NFL, current US$ | -3.67 billion NFL, current US$ |
| 1997 | -387.8% | 46.53 million NFL, current US$ | -133.91 million NFL, current US$ |
| 2023 | +363.1% | 353.17 million NFL, current US$ | 1.64 billion NFL, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.10 billion NFL, current US$ | 377.60 million NFL, current US$ | 2.28 billion NFL, current US$ | 10 |
| 1980s | 2.59 billion NFL, current US$ | 1.55 billion NFL, current US$ | 3.79 billion NFL, current US$ | 10 |
| 1990s | 522.68 million NFL, current US$ | -909.32 million NFL, current US$ | 1.54 billion NFL, current US$ | 10 |
| 2000s | -1.03 billion NFL, current US$ | -4.53 billion NFL, current US$ | 2.83 billion NFL, current US$ | 10 |
| 2010s | 7.16 billion NFL, current US$ | 3.91 billion NFL, current US$ | 10.21 billion NFL, current US$ | 10 |
| 2020s | 1.82 billion NFL, current US$ | -170.66 million NFL, current US$ | 4.14 billion NFL, current US$ | 5 |
Countries ranked near Sub-Saharan Africa (excluding high income)
- 6 Maldives 615.52 million NFL, current US$ compare
- 7 North Macedonia 541.77 million NFL, current US$ compare
- 8 Morocco 506.17 million NFL, current US$ compare
- 9 Chad 482.88 million NFL, current US$ compare
- 10 Cambodia 466.35 million NFL, current US$ compare
- 11 Philippines 461.73 million NFL, current US$ compare
- 12 Ethiopia 454.01 million NFL, current US$ compare
More external debt data for Sub-Saharan Africa (excluding high income)
- Net financial flows, IBRD 2.30 billion NFL, current US$ (2025)
- IFC, private nonguaranteed (NFL, US$), per capita 0.4576 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP 0.0003 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 34.76 NFL, US$ per square kilometre (2023)
- Net financial flows, IDA (NFL, current US$), per capita 8.92 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP 0.0058 NFL, current US$ per US$ of GDP (2024)
- Net financial flows, IDA (NFL, current US$), per square kilometre 432.41 NFL, current US$ per square kilometre (2023)
- Use of IMF credit 75.50 billion DOD, current US$ (2025)
- External debt stocks, public and publicly guaranteed (PPG) 597.21 billion DOD, current US$ (2025)
- External debt stocks, long-term 798.86 billion DOD, current US$ (2025)
Frequently asked questions
- What is net financial flows, bilateral in Sub-Saharan Africa (excluding high income)?
- Net financial flows, bilateral in Sub-Saharan Africa (excluding high income) was -170.66 million NFL, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest net financial flows, bilateral recorded in Sub-Saharan Africa (excluding high income)?
- The highest recorded value was 10.21 billion NFL, current US$ in 2018.
- What is the lowest net financial flows, bilateral recorded in Sub-Saharan Africa (excluding high income)?
- The lowest recorded value was -4.53 billion NFL, current US$ in 2006.
- How does Sub-Saharan Africa (excluding high income) rank for net financial flows, bilateral?
- Sub-Saharan Africa (excluding high income) ranks 9th out of 12 groups with data for 2024.
- Is net financial flows, bilateral rising or falling in Sub-Saharan Africa (excluding high income)?
- Over the last ten years it is down 101.7%. The long-run trend across the full record is volatile.
- Where does this Sub-Saharan Africa (excluding high income) data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Net financial flows, bilateral (NFL, current US$). Statizoid updates them automatically from the source API.
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About this data
Bilateral debt includes loans from governments and their agencies (including central banks), loans from autonomous bodies, and direct loans from official export credit agencies. Net flows (or net lending or net disbursements) received by the borrower during the year are disbursements minus principal repayments. Data are in current U.S. dollars.