Assets, Claims on State and Local Governments (OFCS) in South Africa

South Africa: Assets, Claims on State and Local Governments (OFCS) was 35.35 billion in 2024. ◆ Volatile

Latest (2024)
35.35 billion
Change on year
down 8.1%
World rank
8th
of 66 countries
All-time high
39.34 billion
in 2020
All-time low
4.38 billion
in 2004
Years of data
24
2001–2024

Assets, Claims on State and Local Governments (OFCS) in South Africa, 2001–2024

010.0B20.0B30.0B40.0B2001201220242001: 4.6B2002: 4.8B2003: 4.7B2004: 4.4B2005: 4.9B2006: 7.5B2007: 7.4B2008: 10.1B2009: 8.5B2010: 10.8B2011: 11.6B2012: 12.5B2013: 9.6B2014: 10.4B2015: 10.0B2016: 11.2B2017: 10.5B2018: 37.3B2019: 34.3B2020: 39.3B2021: 35.4B2022: 38.3B2023: 38.5B2024: 35.3B

Source: International Monetary Fund.

Analysis

The most recent figure for assets, claims on state and local governments (ofcs) in South Africa is 35.35 billion, measured in 2024.

That represents a change of down 8.1% on the previous year and up 241.2% over ten years.

Over the whole period, assets, claims on state and local governments (ofcs) in South Africa peaked at 39.34 billion in 2020 and was at its lowest, 4.38 billion, in 2004.

South Africa ranks 8th of 66 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Assets, Claims on State and Local Governments (OFCS) in South Africa, year by year

Annual values for Assets, Claims on State and Local Governments (OFCS) (Domestic currency) in South Africa, 2001 to 2024.
Year Value Change
2001 4.57 billion
2002 4.82 billion +5.6%
2003 4.70 billion -2.6%
2004 4.38 billion -6.8%
2005 4.86 billion +11.0%
2006 7.47 billion +53.7%
2007 7.38 billion -1.2%
2008 10.13 billion +37.2%
2009 8.50 billion -16.1%
2010 10.82 billion +27.3%
2011 11.56 billion +6.8%
2012 12.51 billion +8.3%
2013 9.60 billion -23.3%
2014 10.36 billion +7.9%
2015 9.96 billion -3.8%
2016 11.20 billion +12.4%
2017 10.49 billion -6.4%
2018 37.34 billion +256.0%
2019 34.33 billion -8.0%
2020 39.34 billion +14.6%
2021 35.38 billion -10.1%
2022 38.30 billion +8.3%
2023 38.45 billion +0.4%
2024 35.35 billion -8.1%

Averages by decade

DecadeAverage LowestHighest Years
2000s 6.31 billion 4.38 billion 10.13 billion 9
2010s 15.82 billion 9.60 billion 37.34 billion 10
2020s 37.36 billion 35.35 billion 39.34 billion 5

Countries ranked near South Africa

  1. 5 Nigeria 370.48 billion compare
  2. 6 Norway 255.50 billion compare
  3. 7 Canada 67.07 billion compare
  4. 9 New Zealand 6.96 billion compare
  5. 10 Morocco 6.48 billion compare
  6. 11 Brazil 3.41 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 state and local governments (ofcs) in South Africa?
Assets, claims on state and local governments (ofcs) in South Africa was 35.35 billion in 2024, according to International Monetary Fund.
What is the highest assets, claims on state and local governments (ofcs) recorded in South Africa?
The highest recorded value was 39.34 billion in 2020.
What is the lowest assets, claims on state and local governments (ofcs) recorded in South Africa?
The lowest recorded value was 4.38 billion in 2004.
How does South Africa rank for assets, claims on state and local governments (ofcs)?
South Africa ranks 8th out of 66 countries with data for 2024.
Is assets, claims on state and local governments (ofcs) rising or falling in South Africa?
Over the last ten years it is up 241.2%. The long-run trend across the full record is volatile.
Where does this South Africa data come from?
The figures come from International Monetary Fund, published as part of Assets, Claims on State and Local Governments (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).

Share, cite or embed this page

Cite this page

Assets, Claims on State and Local Governments (OFCS) in South Africa. Statizoid, drawing on International Monetary Fund. Retrieved 10 September 2026, from https://financial-sector.statizoid.com/stat/assets-claims-on-state-and-local-governments-ofcs-domestic-currency/south-africa/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under IMF Terms and Conditions (attribution required); please keep the attribution.

<a href="https://financial-sector.statizoid.com/stat/assets-claims-on-state-and-local-governments-ofcs-domestic-currency/south-africa/">Assets, Claims on State and Local Governments (OFCS) in South Africa</a> — Statizoid

About this data

Indicator
Assets, Claims on State and Local Governments (OFCS) (Domestic currency)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
66 places, 1,140 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.