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Effects of Illicit Financial Flows on Economic Growth and Development in Sub-Saharan Africa
Universal Journal of Finance and Economics
| Vol 2, Issue 1
Table 1. Illicit Financial Flows from DevelopingEconomies: 2006 - 2015
| Group | Potential Trade Mis-invoicing | Total Trade | Average annual percent change since 2006 |
| Sub-Saharan Africa | 22 | 111 | -1.7 |
| Asia | 537 | 2899 | 4.7 |
| Developing Europe | 171 | 912 | 1.5 |
| Middle East & North Africa | 77 | 385 | 5.8 |
| Western Hemisphere | 132 | 906 | 1.1 |
| All developing economies | 940 | 5213 | 3.4 |
Sources: Global Financial Integrity [GFI] (2015)