Official current transfers, payments in South Africa
South Africa: Official current transfers, payments was 2.67 billion BoP, current US$ in 2011. ▼ Falling
Official 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$.
Analysis
South Africa recorded 2.67 billion BoP, current US$ for official current transfers, payments in 2011. That is the lowest value across all 7 years on record.
Compared with earlier readings it is down 4.3% on the previous year and down 9.8% over ten years.
South Africa ranks 1st of 34 groups on this measure, in the top 10%.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.12 billion BoP, current US$ | 2.96 billion BoP, current US$ | 3.26 billion BoP, current US$ | 5 |
| 2010s | 2.73 billion BoP, current US$ | 2.67 billion BoP, current US$ | 2.79 billion BoP, current US$ | 2 |
Countries ranked near South Africa
More trade data for South Africa
- Milking, dairy machinery (trade) — Import Value 14,082 1000 USD (2007)
- Milking, dairy machinery (trade) — Export Value 2,133 1000 USD (2007)
- Ploughs (e.g. reversible and non-reversible ploughs) — Import Value 811 1000 USD (2007)
- Pedestrian controlled tractors (single axle tractors) — Import Value 342 1000 USD (2007)
- Net long-term borrowing 54.46 million BoP, current US$ (2011)
- Pesticides imports 335.54 million FAO, current US$ (2011)
- Manure spreaders and Fertiliser distributors — Import Value 3,337 1000 USD (2007)
- Lead time to export, median case 3 days (2016)
- Food imports excluding fish 3.15 billion FAO, current US$ (2010)
- Total agricultural imports 4.94 billion FAO, current US$ (2010)
Frequently asked questions
- What is official current transfers, payments in South Africa?
- Official current transfers, payments in South Africa was 2.67 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, payments recorded in South Africa?
- The highest recorded value was 3.26 billion BoP, current US$ in 2008.
- What is the lowest official current transfers, payments recorded in South Africa?
- The lowest recorded value was 2.67 billion BoP, current US$ in 2011.
- How does South Africa rank for official current transfers, payments?
- South Africa ranks 1st out of 34 groups with data for 2011.
- Is official current transfers, payments rising or falling in South Africa?
- Over the last ten years it is down 9.8%. The long-run trend across the full record is falling.
- 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, payments (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.