Financial account balance (assets less liabilities), Net (net) in South Africa
South Africa: Financial account balance (assets less liabilities), Net (net) was -1.53 billion in 2024. ◆ Volatile
Financial account balance (assets less liabilities), Net (net) in South Africa, 2005–2024
Source: International Monetary Fund.
Analysis
The most recent figure for financial account balance (assets less liabilities), net (net) in South Africa is -1.53 billion, measured in 2024.
The figure is up 53.9% on the previous year and up 93.3% over ten years.
Over the whole period, financial account balance (assets less liabilities), net (net) in South Africa peaked at 17.23 billion in 2021 and was at its lowest, -24.20 billion, in 2012.
That places South Africa 149th out of 197 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Financial account balance (assets less liabilities), Net (net) in South Africa, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -6.85 billion | — |
| 2006 | -12.43 billion | +81.6% |
| 2007 | -15.82 billion | +27.3% |
| 2008 | -9.77 billion | -38.3% |
| 2009 | -14.38 billion | +47.1% |
| 2010 | -7.51 billion | -47.8% |
| 2011 | -12.42 billion | +65.4% |
| 2012 | -24.20 billion | +94.9% |
| 2013 | -18.52 billion | -23.5% |
| 2014 | -22.98 billion | +24.1% |
| 2015 | -16.25 billion | -29.3% |
| 2016 | -8.76 billion | -46.1% |
| 2017 | -8.20 billion | -6.4% |
| 2018 | -11.43 billion | +39.4% |
| 2019 | -7.19 billion | -37.1% |
| 2020 | 7.79 billion | -208.4% |
| 2021 | 17.23 billion | +121.1% |
| 2022 | -3.91 billion | -122.7% |
| 2023 | -3.32 billion | -15.1% |
| 2024 | -1.53 billion | -53.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -11.85 billion | -15.82 billion | -6.85 billion | 5 |
| 2010s | -13.75 billion | -24.20 billion | -7.19 billion | 10 |
| 2020s | 3.25 billion | -3.91 billion | 17.23 billion | 5 |
Countries ranked near South Africa
More external debt data for South Africa
- IFC, private nonguaranteed -15.41 million NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita -0.2407 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP -0 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 444.22 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 2.3% (2024)
- Net financial flows, IBRD 910.75 million NFL, current US$ (2024)
- Public and publicly guaranteed debt service 6.5% (2024)
- Net financial flows, IBRD (NFL, current US$), annual growth rate -109.7 % change on previous year (2023)
- Other investment, Debt instruments 53.54 billion US dollar (2025)
- Use of IMF credit 7.63 billion DOD, current US$ (2024)
Frequently asked questions
- What is financial account balance (assets less liabilities), net (net) in South Africa?
- Financial account balance (assets less liabilities), net (net) in South Africa was -1.53 billion in 2024, according to International Monetary Fund.
- What is the highest financial account balance (assets less liabilities), net (net) recorded in South Africa?
- The highest recorded value was 17.23 billion in 2021.
- What is the lowest financial account balance (assets less liabilities), net (net) recorded in South Africa?
- The lowest recorded value was -24.20 billion in 2012.
- How does South Africa rank for financial account balance (assets less liabilities), net (net)?
- South Africa ranks 149th out of 197 countries with data for 2024.
- Is financial account balance (assets less liabilities), net (net) rising or falling in South Africa?
- Over the last ten years it is up 93.3%. The long-run trend across the full record is volatile.
- Where does this South Africa data come from?
- The figures come from International Monetary Fund, published as part of Financial account balance (assets less liabilities), Net (net acquisition of financial assets less net incurrence of liabilities), Adjusted using IMF accounting records (US dollar). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 20 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.