Net current transfers in South Africa
South Africa: Net current transfers was -0.5% in 2011. ▲ Rising
Net current transfers in South Africa, 2005–2011
Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files. World Bank GDP estimates are used for the denominator. Measured in % of GDP.
Analysis
The most recent figure for net current transfers in South Africa is -0.5%, measured in 2011. That is the highest value across all 7 years on record.
That represents a change of up 22.9% on the previous year and up 51.3% over ten years.
That places South Africa 38th out of 41 countries with data for 2011, putting it in the bottom quarter.
Net current transfers in South Africa, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2005 | -1.0% | — |
| 2006 | -0.9% | -8.8% |
| 2007 | -0.8% | -9.2% |
| 2008 | -0.9% | +3.7% |
| 2009 | -0.9% | +11.4% |
| 2010 | -0.6% | -33.9% |
| 2011 | -0.5% | -22.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -0.9% | -1.0% | -0.8% | 5 |
| 2010s | -0.6% | -0.6% | -0.5% | 2 |
Countries ranked near South Africa
More trade data for South Africa
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- 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 net current transfers in South Africa?
- Net current transfers in South Africa was -0.5% in 2011, according to International Monetary Fund, Balance of Payments Statistics Yearbook and data files. World Bank GDP estimates are used for the denominator.
- What is the highest net current transfers recorded in South Africa?
- The highest recorded value was -0.5% in 2011.
- What is the lowest net current transfers recorded in South Africa?
- The lowest recorded value was -1.0% in 2005.
- How does South Africa rank for net current transfers?
- South Africa ranks 38th out of 41 countries with data for 2011.
- Is net current transfers rising or falling in South Africa?
- Over the last ten years it is up 51.3%. 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. World Bank GDP estimates are used for the denominator, published as part of Net current transfers (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Net current transfers are recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. Data are in current U.S. dollars.