Net (assets minus liabilities), Other items (Net) (OFCS) in South Africa
South Africa: Net (assets minus liabilities), Other items (Net) (OFCS) was -4.92 trillion in 2024. ◆ Volatile
Net (assets minus liabilities), Other items (Net) (OFCS) in South Africa, 2001–2024
Source: International Monetary Fund.
Analysis
South Africa recorded -4.92 trillion for net (assets minus liabilities), other items (net) (ofcs) in 2024. That is the lowest value across all 24 years on record.
That represents a change of down 9.5% on the previous year and down 78.6% over ten years.
Over the whole period, net (assets minus liabilities), other items (net) (ofcs) in South Africa peaked at -277.41 billion in 2001 and was at its lowest, -4.92 trillion, in 2024.
South Africa ranks 61st of 66 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net (assets minus liabilities), Other items (Net) (OFCS) in South Africa, year by year
| Year | Value | Change |
|---|---|---|
| 2001 | -277.41 billion | — |
| 2002 | -310.53 billion | +11.9% |
| 2003 | -317.57 billion | +2.3% |
| 2004 | -356.09 billion | +12.1% |
| 2005 | -456.55 billion | +28.2% |
| 2006 | -558.07 billion | +22.2% |
| 2007 | -706.47 billion | +26.6% |
| 2008 | -743.49 billion | +5.2% |
| 2009 | -934.36 billion | +25.7% |
| 2010 | -1.50 trillion | +60.5% |
| 2011 | -1.62 trillion | +8.2% |
| 2012 | -1.97 trillion | +21.3% |
| 2013 | -2.40 trillion | +21.7% |
| 2014 | -2.75 trillion | +14.9% |
| 2015 | -3.01 trillion | +9.4% |
| 2016 | -3.07 trillion | +2.1% |
| 2017 | -3.46 trillion | +12.6% |
| 2018 | -3.42 trillion | -1.3% |
| 2019 | -3.68 trillion | +7.8% |
| 2020 | -3.08 trillion | -16.3% |
| 2021 | -4.21 trillion | +36.6% |
| 2022 | -4.02 trillion | -4.5% |
| 2023 | -4.49 trillion | +11.7% |
| 2024 | -4.92 trillion | +9.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -517.84 billion | -934.36 billion | -277.41 billion | 9 |
| 2010s | -2.69 trillion | -3.68 trillion | -1.50 trillion | 10 |
| 2020s | -4.14 trillion | -4.92 trillion | -3.08 trillion | 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 net (assets minus liabilities), other items (net) (ofcs) in South Africa?
- Net (assets minus liabilities), other items (net) (ofcs) in South Africa was -4.92 trillion in 2024, according to International Monetary Fund.
- What is the highest net (assets minus liabilities), other items (net) (ofcs) recorded in South Africa?
- The highest recorded value was -277.41 billion in 2001.
- What is the lowest net (assets minus liabilities), other items (net) (ofcs) recorded in South Africa?
- The lowest recorded value was -4.92 trillion in 2024.
- How does South Africa rank for net (assets minus liabilities), other items (net) (ofcs)?
- South Africa ranks 61st out of 66 countries with data for 2024.
- Is net (assets minus liabilities), other items (net) (ofcs) rising or falling in South Africa?
- Over the last ten years it is down 78.6%. 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 Net (assets minus liabilities), Other items (Net) (OFCS) (Domestic currency). Statizoid updates them automatically from the source API.
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About this data
The Monetary and Financial Statistics (MFS), Other Financial Corporations (OFCs) dataset presents the balance sheet of OFCs highlighting their financial linkages with other economic sectors and nonresidents.