Use of IMF credit in South Africa
South Africa: Use of IMF credit was 7.63 billion DOD, current US$ in 2024. ◆ Volatile
Use of IMF credit in South Africa, 1993–2024
Source: International Debt Statistics, World Bank (WB). Measured in DOD, current US$.
Analysis
In 2024, use of imf credit in South Africa stood at 7.63 billion DOD, current US$.
The figure is down 22.9% on the previous year and up 195.1% over ten years.
Over the whole period, use of imf credit in South Africa peaked at 10.86 billion DOD, current US$ in 2021 and was at its lowest, 0 DOD, current US$, in 1998.
South Africa ranks 12th of 122 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Use of IMF credit in South Africa, year by year
| Year | DOD, current US$ | Change |
|---|---|---|
| 1993 | 843.96 million DOD, current US$ | — |
| 1994 | 896.98 million DOD, current US$ | +6.3% |
| 1995 | 913.34 million DOD, current US$ | +1.8% |
| 1996 | 883.53 million DOD, current US$ | -3.3% |
| 1997 | 414.51 million DOD, current US$ | -53.1% |
| 1998 | 0 DOD, current US$ | -100.0% |
| 1999 | 302.45 million DOD, current US$ | — |
| 2000 | 287.11 million DOD, current US$ | -5.1% |
| 2001 | 276.93 million DOD, current US$ | -3.5% |
| 2002 | 299.58 million DOD, current US$ | +8.2% |
| 2003 | 327.45 million DOD, current US$ | +9.3% |
| 2004 | 342.22 million DOD, current US$ | +4.5% |
| 2005 | 314.95 million DOD, current US$ | -8.0% |
| 2006 | 331.51 million DOD, current US$ | +5.3% |
| 2007 | 348.22 million DOD, current US$ | +5.0% |
| 2008 | 339.41 million DOD, current US$ | -2.5% |
| 2009 | 2.80 billion DOD, current US$ | +724.7% |
| 2010 | 2.75 billion DOD, current US$ | -1.8% |
| 2011 | 2.74 billion DOD, current US$ | -0.3% |
| 2012 | 2.74 billion DOD, current US$ | +0.1% |
| 2013 | 2.75 billion DOD, current US$ | +0.2% |
| 2014 | 2.59 billion DOD, current US$ | -5.9% |
| 2015 | 2.47 billion DOD, current US$ | -4.4% |
| 2016 | 2.40 billion DOD, current US$ | -3.0% |
| 2017 | 2.54 billion DOD, current US$ | +5.9% |
| 2018 | 2.48 billion DOD, current US$ | -2.3% |
| 2019 | 2.47 billion DOD, current US$ | -0.6% |
| 2020 | 6.97 billion DOD, current US$ | +182.1% |
| 2021 | 10.86 billion DOD, current US$ | +55.9% |
| 2022 | 10.33 billion DOD, current US$ | -4.9% |
| 2023 | 9.90 billion DOD, current US$ | -4.1% |
| 2024 | 7.63 billion DOD, current US$ | -22.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 607.82 million DOD, current US$ | 0 DOD, current US$ | 913.34 million DOD, current US$ | 7 |
| 2000s | 566.64 million DOD, current US$ | 276.93 million DOD, current US$ | 2.80 billion DOD, current US$ | 10 |
| 2010s | 2.59 billion DOD, current US$ | 2.40 billion DOD, current US$ | 2.75 billion DOD, current US$ | 10 |
| 2020s | 9.14 billion DOD, current US$ | 6.97 billion DOD, current US$ | 10.86 billion DOD, current US$ | 5 |
Countries ranked near South Africa
- 9 Pakistan 12.32 billion DOD, current US$ compare
- 10 Ecuador 9.92 billion DOD, current US$ compare
- 11 Indonesia 8.39 billion DOD, current US$ compare
- 13 Türkiye 7.22 billion DOD, current US$ compare
- 14 Iran, Islamic Republic of 6.32 billion DOD, current US$ compare
- 15 Nigeria 6.05 billion DOD, current US$ compare
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$), annual growth rate -109.7 % change on previous year (2023)
- Other investment, Debt instruments 53.54 billion US dollar (2025)
- External debt stocks, public and publicly guaranteed (PPG) 97.81 billion DOD, current US$ (2024)
Frequently asked questions
- What is use of imf credit in South Africa?
- Use of imf credit in South Africa was 7.63 billion DOD, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest use of imf credit recorded in South Africa?
- The highest recorded value was 10.86 billion DOD, current US$ in 2021.
- What is the lowest use of imf credit recorded in South Africa?
- The lowest recorded value was 0 DOD, current US$ in 1998.
- How does South Africa rank for use of imf credit?
- South Africa ranks 12th out of 122 countries with data for 2024.
- Is use of imf credit rising or falling in South Africa?
- Over the last ten years it is up 195.1%. The long-run trend across the full record is volatile.
- Where does this South Africa data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Use of IMF credit (DOD, current US$). Statizoid updates them automatically from the source API.
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About this data
Use of IMF Credit: Data related to the operations of the IMF are provided by the IMF Treasurer’s Department. They are converted from special drawing rights into dollars using end-of-period exchange rates for stocks and average-over-the-period exchange rates for flows. IMF trust fund operations under the Enhanced Structural Adjustment Facility, Extended Fund Facility, Poverty Reduction and Growth Facility, and Structural Adjustment Facility (Enhanced Structural Adjustment Facility in 1999) are presented together with all of the IMF’s special facilities (buffer stock, supplemental reserve, compensatory and contingency facilities, oil facilities, and other facilities). SDR allocations are also included in this category. According to the BPM6, SDR allocations are recorded as the incurrence of a debt liability of the member receiving them (because of a requirement to repay the allocation in certain circumstances, and also because interest accrues). This debt item is introduced for the first time this year with historical data starting in 1999.