Assets, Claims on Private sector (OFCS) (Domestic currency) in South Africa
South Africa: Assets, Claims on Private sector (OFCS) (Domestic currency) was 2.35 trillion in 2024. ▲ Rising
Assets, Claims on Private sector (OFCS) in South Africa, 2001–2024
Source: International Monetary Fund.
Analysis
South Africa recorded 2.35 trillion for assets, claims on private sector (ofcs) in 2024.
The figure is up 3.8% on the previous year and down 15.3% over ten years.
Over the whole period, assets, claims on private sector (ofcs) in South Africa peaked at 3.40 trillion in 2017 and was at its lowest, 632.93 billion, in 2001.
South Africa ranks 16th of 66 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 24 years of available data.
Assets, Claims on Private sector (OFCS) (Domestic currency) in South Africa, year by year
| Year | Value | Change |
|---|---|---|
| 2001 | 632.93 billion | — |
| 2002 | 642.10 billion | +1.4% |
| 2003 | 725.93 billion | +13.1% |
| 2004 | 941.31 billion | +29.7% |
| 2005 | 1.17 trillion | +23.9% |
| 2006 | 1.51 trillion | +29.2% |
| 2007 | 1.69 trillion | +12.3% |
| 2008 | 1.47 trillion | -12.9% |
| 2009 | 1.51 trillion | +2.7% |
| 2010 | 1.86 trillion | +22.8% |
| 2011 | 1.91 trillion | +3.0% |
| 2012 | 2.23 trillion | +16.5% |
| 2013 | 2.53 trillion | +13.5% |
| 2014 | 2.77 trillion | +9.5% |
| 2015 | 2.86 trillion | +3.1% |
| 2016 | 3.02 trillion | +5.5% |
| 2017 | 3.40 trillion | +12.7% |
| 2018 | 3.14 trillion | -7.5% |
| 2019 | 3.20 trillion | +1.9% |
| 2020 | 2.62 trillion | -18.2% |
| 2021 | 2.19 trillion | -16.5% |
| 2022 | 2.22 trillion | +1.2% |
| 2023 | 2.27 trillion | +2.3% |
| 2024 | 2.35 trillion | +3.8% |
South Africa compared with similar countries
- South Africa's 2.35 trillion is above the median for upper middle income countries, which is 60.95 billion, 38.6× the median. (27 countries reporting)
- South Africa's 2.35 trillion is above the median for Sub-Saharan Africa, which is 79.44 billion, 29.6× the median. (12 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.14 trillion | 632.93 billion | 1.69 trillion | 9 |
| 2010s | 2.69 trillion | 1.86 trillion | 3.40 trillion | 10 |
| 2020s | 2.33 trillion | 2.19 trillion | 2.62 trillion | 5 |
Countries ranked near South Africa
More financial sector data for South Africa
- Reserve position in the IMF, US dollar, annual growth rate 5.08 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0021 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 13.81 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0.0607 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0015 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 10.08 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.08 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0021 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 13.81 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0.0607 % change on previous year (2025)
Frequently asked questions
- What is assets, claims on private sector (ofcs) in South Africa?
- Assets, claims on private sector (ofcs) in South Africa was 2.35 trillion in 2024, according to International Monetary Fund.
- What is the highest assets, claims on private sector (ofcs) recorded in South Africa?
- The highest recorded value was 3.40 trillion in 2017.
- What is the lowest assets, claims on private sector (ofcs) recorded in South Africa?
- The lowest recorded value was 632.93 billion in 2001.
- How does South Africa rank for assets, claims on private sector (ofcs)?
- South Africa ranks 16th out of 66 countries with data for 2024.
- Is assets, claims on private sector (ofcs) rising or falling in South Africa?
- Over the last ten years it is down 15.3%. 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, published as part of Assets, Claims on Private sector (OFCS) (Domestic currency). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The Monetary and Financial Statistics (MFS), Other Financial Corporations (OFCs) dataset presents the balance sheet of OFCs highlighting their financial linkages with other economic sectors and nonresidents.