|
Current Account Balance
This entry records an African country's
net trade in goods and services, plus net earnings from rents, interest,
profits, and dividends, and net transfer payments (such as pension funds and
worker remittances) to and from the rest of the world during the period
specified. These figures are calculated on an exchange rate basis, i.e., not
in purchasing power parity (PPP) terms. A careful look at the table shows
that the top three countries in current account balance are all North
African countries. The West African countries also did well in this
category. Nigeria and cote D'Ivoire are listed in the top 7.
|
Country |
Africa Rank |
World Rank |
Amount |
 Algeria |
1 |
24 |
$
7,836,000,000 |
|
Libya |
2 |
26 |
$
6,641,000,000 |
|
Egypt |
3 |
30 |
$
3,874,000,000 |
|
Nigeria |
4 |
37 |
$
1,439,000,000 |
|
Morocco |
5 |
39 |
$
963,000,000 |
|
Botswana |
6 |
44 |
$
539,000,000 |
|
Cote D'Ivoire |
7 |
45 |
$
501,000,000 |
| Mauritius |
8 |
48 |
$
289,000,000 |
|
Congo, Republic |
9 |
51 |
$
139,200,000 |
|
Namibia |
10 |
52 |
$
123,000,000 |
| Ghana |
11 |
53 |
$
110,000,000 |
| Sao Tome & Principe |
12 |
59 |
$
-8,000,000 |
| Burundi |
13 |
61 |
$
-35,000,000 |
| Gambia |
14 |
62 |
$
-42,000,000 |
| Malawi |
15 |
66 |
$
-58,000,000 |
| Swaziland |
16 |
69 |
$
-72,690,000 |
| Seychelles |
17 |
70 |
$
-73,000,000 |
| Gabon |
18 |
71 |
$
-101,000,000 |
| Cape Verde |
19 |
72 |
$
-106,300,000 |
| Benin |
20 |
74 |
$
-112,000,000 |
| Lesotho |
21 |
75 |
$
-112,000,000 |
| Togo |
22 |
78 |
$
-140,000,000 |
| Eritrea |
23 |
81 |
$
-159,000,000 |
| Rwanda |
24 |
82 |
$
-163,000,000 |
| Uganda |
25 |
86 |
$
-237,000,000 |
| Guinea |
26 |
88 |
$
-252,000,000 |
| Kenya |
27 |
94 |
$
-306,000,000 |
| Zambia |
28 |
95 |
$
-340,000,000 |
| Burkina Faso |
29 |
96 |
$
-341,000,000 |
| Zimbabwe |
30 |
97 |
$
-346,000,000 |
| Senegal |
31 |
99 |
$
-389,000,000 |
| Madagascar |
32 |
100 |
$
-398,000,000 |
| Ethiopia |
33 |
102 |
$
-408,000,000 |
| Chad |
34 |
104 |
$
-474,000,000 |
| Angola |
35 |
105 |
$
-475,000,000 |
| Cameroon |
36 |
107 |
$
-564,000,000 |
| Mozambique |
37 |
108 |
$
-566,000,000 |
| Tanzania |
38 |
111 |
$
-617,000,000 |
| Sudan |
39 |
112 |
$
-718,000,000 |
| Tunisia |
40 |
114 |
$
-738,600,000 |
If a country in Africa is not in the list, it
means that African country is either not in the top 40 or just not ranked.
Test Your Knowledge on
Africa
- Out of the top Forty Countries in this
section, how many of them is in West Africa?
- How many Countries are in West Africa?
|