Official current transfers, payments (BoP, current US$) in South Africa
South Africa: Official current transfers, payments (BoP, current US$) 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 countries on this measure, in the top 10%.
Official current transfers, payments (BoP, current US$) in South Africa, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2005 | 2.96 billion BoP, current US$ | — |
| 2006 | 3.00 billion BoP, current US$ | +1.2% |
| 2007 | 3.13 billion BoP, current US$ | +4.5% |
| 2008 | 3.26 billion BoP, current US$ | +4.3% |
| 2009 | 3.26 billion BoP, current US$ | -0.1% |
| 2010 | 2.79 billion BoP, current US$ | -14.4% |
| 2011 | 2.67 billion BoP, current US$ | -4.3% |
South Africa compared with similar countries
- South Africa's 2.67 billion BoP, current US$ is above the median for upper middle income countries, which is 44.98 million BoP, current US$, 59.4× the median. (6 countries reporting)
- South Africa's 2.67 billion BoP, current US$ is above the median for Sub-Saharan Africa, which is 5.73 million BoP, current US$, 466.3× the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.12 billion BoP, current US$ | 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
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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)
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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 countries 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.