Current transfers, payments (BoP, current US$) in South Africa
South Africa: Current transfers, payments (BoP, current US$) was 3.51 billion BoP, current US$ in 2011. ▲ Rising
Latest (2011)
3.51 billion BoP, current US$
Change on year
down 0.4%
World rank
1st
of 39 countries
All-time high
3.93 billion BoP, current US$
in 2009
All-time low
3.16 billion BoP, current US$
in 2005
Years of data
7
2005–2011
Current transfers, payments in South Africa, 2005–2011
Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files. Measured in BoP, current US$.
Analysis
The most recent figure for current transfers, payments in South Africa is 3.51 billion BoP, current US$, measured in 2011.
The figure is down 0.4% on the previous year and up 11.0% over ten years.
South Africa ranks 1st of 39 countries on this measure, in the top 10%.
Current transfers, payments (BoP, current US$) in South Africa, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2005 | 3.16 billion BoP, current US$ | — |
| 2006 | 3.25 billion BoP, current US$ | +2.7% |
| 2007 | 3.45 billion BoP, current US$ | +6.1% |
| 2008 | 3.71 billion BoP, current US$ | +7.5% |
| 2009 | 3.93 billion BoP, current US$ | +5.8% |
| 2010 | 3.53 billion BoP, current US$ | -10.2% |
| 2011 | 3.51 billion BoP, current US$ | -0.4% |
South Africa compared with similar countries
- South Africa's 3.51 billion BoP, current US$ is above the median for upper middle income countries, which is 541.05 million BoP, current US$, 6.5× the median. (6 countries reporting)
- South Africa's 3.51 billion BoP, current US$ is above the median for Sub-Saharan Africa, which is 83.06 million BoP, current US$, 42.3× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.50 billion BoP, current US$ | 3.16 billion BoP, current US$ | 3.93 billion BoP, current US$ | 5 |
| 2010s | 3.52 billion BoP, current US$ | 3.51 billion BoP, current US$ | 3.53 billion BoP, current US$ | 2 |
Countries ranked near South Africa
More trade data for South Africa
- Commodity Net Export Price Index, Individual Commodities Weighted by 109.35 (2025)
- Commodity Net Export Price Index, Individual Commodities Weighted by 100.81 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 99.79 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 95.89 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 98.98 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 77.42 (2025)
- Imports of low carbon technology products, Percent of GDP 1.03 (2024)
- Imports of low carbon technology products, US dollar (World), per 64.23 units per person (2024)
- Imports of low carbon technology products, US dollar (World), per 0.0102 units per US$ of GDP (2024)
- Exports of low carbon technology products, US dollar (World), gaps 1.75 billion (2024)
Frequently asked questions
- What is current transfers, payments in South Africa?
- Current transfers, payments in South Africa was 3.51 billion BoP, current US$ in 2011, according to International Monetary Fund, Balance of Payments Statistics Yearbook and data files.
- What is the highest current transfers, payments recorded in South Africa?
- The highest recorded value was 3.93 billion BoP, current US$ in 2009.
- What is the lowest current transfers, payments recorded in South Africa?
- The lowest recorded value was 3.16 billion BoP, current US$ in 2005.
- How does South Africa rank for current transfers, payments?
- South Africa ranks 1st out of 39 countries with data for 2011.
- Is current transfers, payments rising or falling in South Africa?
- Over the last ten years it is up 11.0%. The long-run trend across the full record is rising.
- Where does this South Africa data come from?
- The figures come from International Monetary Fund, Balance of Payments Statistics Yearbook and data files, published as part of Current transfers, payments (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Current transfers comprise transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Data are in current U.S. dollars.