Illicit Financial Flows

STRICTLY EMBARGOED UNTIL TUESDAY NIGHT, 28 MAY 2013
AT 18:59 EDT / 23:59 BST / 23:59 WEST / 23:59 CET
Table A.5. Net Recorded Transfers to and from Africa as a Share of GDP, 1980-2009
(in percent)
Regions/Analytical Groups 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009
By Region: 1980-1989 1990-1999 2000-2009
Africa
A. Net Current Transfers 1.9 3.2 3.3 2.4 2.6 2.7 2.3 2.5 4.1 4.1 4.2 3.9 3.7
B. Net Capital Transfers 0.0 0.5 0.8 0.3 0.5 0.6 0.5 0.6 1.3 3.2 0.4 0.4 0.5
C. Financial Account Balance 2.3 0.9 -3.2 -3.5 -1.1 -1.8 -3.4 -4.7 -5.4 -9.1 -4.2 -3.0 3.7
Net FDI 0.4 0.8 2.3 1.4 3.5 2.1 2.0 1.3 2.7 2.4 2.8 2.7 2.5
Net Portfolio capital -0.1 0.6 -0.2 -0.4 -1.3 -0.3 -0.1 0.7 0.5 1.0 0.3 -2.5 0.4
Net Other Investments 1/ 1.9 0.3 -1.8 -1.2 -1.4 -2.5 -3.2 -2.3 -2.6 -5.9 -0.9 1.1 0.6
Reserve Assets, change 0.0 -1.0 -3.2 -1.9 -0.9 -0.8 -1.3 -3.4 -6.3 -6.6 -6.3 -4.2 -0.4
Net Recorded Transfers Narrow ( C) 2.3 0.9 -3.2 -3.5 -1.1 -1.8 -3.4 -4.7 -5.4 -9.1 -4.2 -3.0 3.7
Net Recorded Transfers Broad (A+B+C) 4.3 4.2 0.6 -1.0 0.9 1.2 -0.9 -2.2 -0.1 -1.9 0.3 1.4 8.0
North Africa
A. Net Current Transfers 2.4 2.9 2.3 2.3 2.6 2.5 1.9 1.8 2.5 2.4 2.4 2.4 2.2
B. Net Capital Transfers 0.0 0.4 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
C. Financial Account Balance 1.5 -0.6 -4.1 -3.9 -2.6 -2.5 -4.5 -3.9 -5.0 -7.0 -6.7 -5.5 0.5
Net FDI 0.4 0.5 1.5 0.8 1.3 0.9 1.1 0.8 1.9 3.1 2.3 1.6 1.5
Net Portfolio capital -0.2 0.0 -0.4 -0.1 0.0 -0.2 -0.1 0.1 0.5 -0.9 -0.6 -2.0 -0.4
Net Other Investments 1/ 1.1 -0.1 -0.9 -0.7 -0.2 -1.1 -1.5 -0.8 -1.1 -2.9 -1.6 0.3 0.5
Reserve Assets, change 0.1 -1.0 -3.4 -1.1 -1.5 -0.7 -1.9 -1.9 -6.5 -6.3 -7.0 -5.5 -1.1
Net Recorded Transfers Narrow ( C) 1.5 -0.6 -4.1 -3.9 -2.6 -2.5 -4.5 -3.9 -5.0 -7.0 -6.7 -5.5 0.5
Net Recorded Transfers Broad (A+B+C) 3.8 2.1 -2.1 -1.7 -1.6 0.0 -3.0 -2.9 -2.6 -4.6 -4.3 -3.1 2.7
Sub-Saharan Africa
A. Net Current Transfers 1.4 3.6 4.8 2.5 2.6 3.0 3.0 3.7 6.9 7.1 7.0 6.3 6.1
B. Net Capital Transfers 0.0 0.7 2.2 0.8 1.0 1.4 1.2 1.6 3.6 8.5 1.1 1.0 1.3
C. Financial Account Balance 4.0 3.0 -2.0 -3.0 0.8 -0.8 -1.8 -6.2 -6.0 -12.8 0.0 0.9 8.6
Net FDI 0.5 1.2 3.5 2.1 6.1 3.8 3.5 2.1 4.0 1.3 3.6 4.4 4.0
Net Portfolio capital 0.0 1.4 0.2 -0.7 -3.0 -0.3 0.0 1.6 0.5 4.3 1.7 -3.4 1.8
Net Other Investments 1/ 3.2 1.0 -3.3 -1.7 -2.9 -4.2 -5.8 -4.9 -5.1 -11.2 0.2 2.2 0.7
Reserve Assets, change -0.2 -1.1 -3.0 -2.9 -0.1 -1.0 -0.4 -5.8 -6.0 -7.0 -5.2 -2.2 0.7
Net Recorded Transfers Narrow ( C) 4.0 3.0 -2.0 -3.0 0.8 -0.8 -1.8 -6.2 -6.0 -12.8 0.0 0.9 8.6
Net Recorded Transfers Broad (A+B+C) 5.4 7.2 4.7 -0.3 3.9 2.9 2.4 -1.1 4.3 2.6 7.8 8.2 16.0
Horn of Africa
A. Net Current Transfers 2.9 8.9 11.6 11.0 9.3 10.0 13.1 12.6 10.5 7.8 16.2 15.3 10.1
B. Net Capital Transfers 0.0 0.1 0.0 0.0 0.0 0.0 0.1 0.0 0.0 0.0 0.0 0.0 0.0
C. Financial Account Balance 2.5 2.2 6.4 3.9 7.1 11.8 4.5 9.2 8.0 4.1 5.1 1.5 9.2
Net FDI 0.0 0.3 0.8 0.3 0.0 0.0 0.0 0.0 2.0 3.3 1.1 0.4 0.6
Net Portfolio capital 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Net Other Investments 1/ 2.5 2.3 3.8 4.1 5.3 6.8 4.6 4.3 3.6 1.6 1.1 2.2 4.7
Reserve Assets, change 0.0 -0.5 1.8 -0.5 1.4 5.5 0.8 4.9 2.5 -1.2 2.6 -1.4 3.4
Net Recorded Transfers Narrow ( C) 2.5 2.2 6.4 3.9 7.1 11.8 4.5 9.2 8.0 4.1 5.1 1.5 9.2
Net Recorded Transfers Broad (A+B+C) 5.4 8.6 13.4 1.0 4.6 1.0 17.8 21.8 18.5 11.9 21.3 16.9 19.3
Great Lakes
A. Net Current Transfers 2.5 7.5 6.1 6.0 5.3 5.4 6.2 6.8 6.5 6.7 6.6 6.0 5.9
B. Net Capital Transfers 0.0 1.4 3.6 1.7 3.3 2.7 2.4 1.6 1.3 17.4 2.1 1.3 2.4
C. Financial Account Balance 3.9 3.3 1.4 3.7 1.0 0.7 0.0 1.0 5.9 -14.4 3.3 7.9 5.3
Net FDI 0.1 0.8 1.9 2.2 1.5 1.6 1.6 1.3 2.6 1.8 3.1 1.6 1.7
Net Portfolio capital 0.0 -0.1 0.0 0.0 0.0 0.0 0.0 -0.1 -0.1 0.0 0.0 0.0 0.0
Net Other Investments 1/ 2.3 2.6 0.3 2.2 0.3 -0.4 1.0 0.7 2.1 -14.6 3.3 3.6 5.3
Reserve Assets, change 0.0 -1.2 -1.6 -1.2 -1.5 -0.9 -2.4 -1.2 -0.5 -2.0 -3.3 0.2 -3.1
Net Recorded Transfers Narrow ( C) 3.9 3.3 1.4 3.7 1.0 0.7 0.0 1.0 5.9 -14.4 3.3 7.9 5.3
Net Recorded Transfers Broad (A+B+C) 6.4 12.3 11.2 11.4 9.5 8.8 8.5 9.4 13.7 9.7 12.0 15.2 13.6
Southern
A. Net Current Transfers 0.6 1.0 0.5 0.4 0.5 0.9 0.5 0.3 0.2 0.3 0.5 0.6 0.4
B. Net Capital Transfers -0.1 0.1 0.6 0.4 0.5 1.0 0.5 0.7 0.9 1.5 0.3 0.3 0.3
C. Financial Account Balance 0.5 1.6 0.4 -0.9 1.0 -2.5 0.3 -0.3 0.0 -1.5 1.1 1.6 5.2
Net FDI 0.1 0.4 2.4 1.5 8.5 3.4 2.4 1.0 1.7 -1.1 1.1 3.4 2.2
Net Portfolio capital -0.2 1.8 -0.1 -1.5 -5.5 -0.7 -0.1 1.8 0.7 4.5 1.6 -3.9 2.5
Net Other Investments 1/ 1.0 0.1 -0.5 0.5 -2.8 -2.7 -2.1 -0.5 0.0 -2.1 1.0 4.1 0.0
Reserve Assets, change -0.6 -0.7 -1.7 -1.3 0.8 -2.6 -0.1 -2.7 -2.7 -3.1 -2.9 -2.6 -0.2
Net Recorded Transfers Narrow ( C) 0.5 1.6 0.4 -0.9 1.0 -2.5 0.3 -0.3 0.0 -1.5 1.1 1.6 5.2
Net Recorded Transfers Broad (A+B+C) 1.0 2.7 1.5 -0.1 1.8 -0.5 1.2 0.7 1.1 0.3 1.9 2.5 5.8
West and Central
A. Net Current Transfers 0.8 2.5 5.3 2.7 3.0 2.4 2.2 3.1 8.5 8.6 7.9 6.8 7.7
B. Net Capital Transfers 0.2 0.8 1.9 0.6 0.7 0.7 0.8 1.3 4.0 7.3 0.8 1.0 1.3
C. Financial Account Balance 4.2 2.4 -4.7 -7.6 -0.5 0.4 -3.8 -10.4 -11.2 -14.8 -2.5 -2.1 5.9
Net FDI 0.8 1.7 2.6 2.0 1.8 2.8 2.3 1.7 3.1 2.9 3.4 2.7 3.6
Net Portfolio capital 0.4 0.1 0.2 0.5 0.9 0.2 0.1 0.1 -0.2 0.5 0.6 -0.9 -0.1
Net Other Investments 1/ 2.8 0.8 -5.5 -6.1 -3.6 -5.2 -7.9 -7.7 -8.8 -11.2 -1.8 -2.1 -0.5
Reserve Assets, change 0.0 -0.7 -2.4 -4.6 -1.0 1.1 0.0 -5.5 -5.5 -6.1 -3.8 -0.4 1.8
Net Recorded Transfers Narrow ( C) 4.2 2.4 -4.7 -7.6 -0.5 0.4 -3.8 -10.4 -11.2 -14.8 -2.5 -2.1 5.9
Net Recorded Transfers Broad (A+B+C) 5.2 5.7 2.3 -4.2 3.2 3.5 -0.8 -6.4 0.9 0.7 5.9 5.7 14.8
Note:
Components of NRecT Narrow may not add to total due to the replacement of missing data with the negative current account balance. Components of
NRecT Broad may not add to total (line A + line B + line C) due to the presence of missing data in one of the three lines. NRecT Broad is only calculated if
all three components are present by year and by country.
66 African Development Bank and Global Financial Integrity