Assets, Claims on Private sector (OFCS) in South Africa

South Africa: Assets, Claims on Private sector (OFCS) was 2.35 trillion in 2024. ▲ Rising

Latest (2024)
2.35 trillion
Change on year
up 3.8%
World rank
16th
of 66 countries
All-time high
3.40 trillion
in 2017
All-time low
632.93 billion
in 2001
Years of data
24
2001–2024

Assets, Claims on Private sector (OFCS) in South Africa, 2001–2024

1.0T2.0T3.0T2001201220242001: 632.9B2002: 642.1B2003: 725.9B2004: 941.3B2005: 1.2T2006: 1.5T2007: 1.7T2008: 1.5T2009: 1.5T2010: 1.9T2011: 1.9T2012: 2.2T2013: 2.5T2014: 2.8T2015: 2.9T2016: 3.0T2017: 3.4T2018: 3.1T2019: 3.2T2020: 2.6T2021: 2.2T2022: 2.2T2023: 2.3T2024: 2.4T

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) in South Africa, year by year

Annual values for Assets, Claims on Private sector (OFCS) (Domestic currency) in South Africa, 2001 to 2024.
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%

Averages by decade

DecadeAverage LowestHighest 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

  1. 13 Mexico 2.96 trillion compare
  2. 14 Kazakhstan 2.90 trillion compare
  3. 15 Nigeria 2.44 trillion compare
  4. 17 Brazil 2.18 trillion compare
  5. 18 Angola 1.05 trillion compare
  6. 19 Norway 991.34 billion compare

See the full ranking of 66 places →

More financial sector data for South Africa

All data for South Africa →

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.

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Assets, Claims on Private sector (OFCS) in South Africa. Statizoid, drawing on International Monetary Fund. Retrieved 05 September 2026, from https://financial-sector.statizoid.com/stat/assets-claims-on-private-sector-ofcs-domestic-currency/south-africa/

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About this data

Indicator
Assets, Claims on Private sector (OFCS) (Domestic currency)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
66 places, 1,144 data points, 2001–2025
Last refreshed

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.