Official current transfers, net (BoP, current US$) in South Africa
South Africa: Official current transfers, net (BoP, current US$) was -2.42 billion BoP, current US$ in 2011. ▲ Rising
Official current transfers, net in South Africa, 2005–2011
Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files. Measured in BoP, current US$.
Analysis
South Africa recorded -2.42 billion BoP, current US$ for official current transfers, net in 2011. That is the highest value across all 7 years on record.
The figure is up 7.1% on the previous year and up 13.9% over ten years.
South Africa ranks 33rd of 33 countries on this measure, in the bottom quarter.
Official current transfers, net (BoP, current US$) in South Africa, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2005 | -2.81 billion BoP, current US$ | — |
| 2006 | -2.83 billion BoP, current US$ | +0.6% |
| 2007 | -2.97 billion BoP, current US$ | +4.8% |
| 2008 | -3.02 billion BoP, current US$ | +1.8% |
| 2009 | -3.09 billion BoP, current US$ | +2.2% |
| 2010 | -2.61 billion BoP, current US$ | -15.7% |
| 2011 | -2.42 billion BoP, current US$ | -7.1% |
South Africa compared with similar countries
- South Africa's -2.42 billion BoP, current US$ is below the median for upper middle income countries, which is 160.03 million BoP, current US$. (6 countries reporting)
- South Africa's -2.42 billion BoP, current US$ is below the median for Sub-Saharan Africa, which is 188.54 million BoP, current US$. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -2.95 billion BoP, current US$ | -3.09 billion BoP, current US$ | -2.81 billion BoP, current US$ | 5 |
| 2010s | -2.51 billion BoP, current US$ | -2.61 billion BoP, current US$ | -2.42 billion BoP, current US$ | 2 |
Countries ranked near South Africa
More trade data for South Africa
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- 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 official current transfers, net in South Africa?
- Official current transfers, net in South Africa was -2.42 billion BoP, current US$ in 2011, according to International Monetary Fund, Balance of Payments Statistics Yearbook and data files.
- What is the highest official current transfers, net recorded in South Africa?
- The highest recorded value was -2.42 billion BoP, current US$ in 2011.
- What is the lowest official current transfers, net recorded in South Africa?
- The lowest recorded value was -3.09 billion BoP, current US$ in 2009.
- How does South Africa rank for official current transfers, net?
- South Africa ranks 33rd out of 33 countries with data for 2011.
- Is official current transfers, net rising or falling in South Africa?
- Over the last ten years it is up 13.9%. 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 Official current transfers, net (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
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.