Net errors and omissions, Net (credits less debits), Adjusted using in South Africa
South Africa: Net errors and omissions, Net (credits less debits), Adjusted using was 1.04 billion in 2024. ◆ Volatile
Net errors and omissions, Net (credits less debits), Adjusted using in South Africa, 2005–2024
Source: International Monetary Fund.
Analysis
South Africa recorded 1.04 billion for net errors and omissions, net (credits less debits), adjusted using in 2024.
That represents a change of up 18.2% on the previous year and up 122.2% over ten years.
Over the whole period, net errors and omissions, net (credits less debits), adjusted using in South Africa peaked at 6.60 billion in 2008 and was at its lowest, -6.54 billion, in 2009.
That places South Africa 32nd out of 197 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net errors and omissions, Net (credits less debits), Adjusted using in South Africa, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 1.14 billion | — |
| 2006 | -307.27 million | -127.0% |
| 2007 | 343.09 million | -211.7% |
| 2008 | 6.60 billion | +1823.6% |
| 2009 | -6.54 billion | -199.1% |
| 2010 | -2.12 billion | -67.6% |
| 2011 | -3.20 billion | +50.9% |
| 2012 | -3.89 billion | +21.6% |
| 2013 | 2.86 billion | -173.5% |
| 2014 | -4.65 billion | -262.9% |
| 2015 | -1.33 billion | -71.5% |
| 2016 | -254.35 million | -80.8% |
| 2017 | 840.40 million | -430.4% |
| 2018 | 710.73 million | -15.4% |
| 2019 | 2.99 billion | +321.1% |
| 2020 | 1.01 billion | -66.4% |
| 2021 | 1.37 billion | +35.7% |
| 2022 | -801.88 million | -158.7% |
| 2023 | 876.02 million | -209.2% |
| 2024 | 1.04 billion | +18.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 247.19 million | -6.54 billion | 6.60 billion | 5 |
| 2010s | -803.45 million | -4.65 billion | 2.99 billion | 10 |
| 2020s | 696.39 million | -801.88 million | 1.37 billion | 5 |
Countries ranked near South Africa
More financial sector data for South Africa
- Net domestic credit (current LCU), per capita 95,301 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 14.44 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 11.21 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 141.22 million SDR (2025)
- Gold reserves at market value 12.87 billion SDR (2025)
- Reserves excluding gold, foreign exchange 37.46 billion SDR (2025)
- Reserves excluding gold 42.64 billion SDR (2025)
- Total reserves (gold at market value) 55.51 billion SDR (2025)
- Total reserves (gold at national valuation) 55.42 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 855.88 SDR per person (2025)
Frequently asked questions
- What is net errors and omissions, net (credits less debits), adjusted using in South Africa?
- Net errors and omissions, net (credits less debits), adjusted using in South Africa was 1.04 billion in 2024, according to International Monetary Fund.
- What is the highest net errors and omissions, net (credits less debits), adjusted using recorded in South Africa?
- The highest recorded value was 6.60 billion in 2008.
- What is the lowest net errors and omissions, net (credits less debits), adjusted using recorded in South Africa?
- The lowest recorded value was -6.54 billion in 2009.
- How does South Africa rank for net errors and omissions, net (credits less debits), adjusted using?
- South Africa ranks 32nd out of 197 countries with data for 2024.
- Is net errors and omissions, net (credits less debits), adjusted using rising or falling in South Africa?
- Over the last ten years it is up 122.2%. 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 Net errors and omissions, Net (credits less debits), Adjusted using IMF accounting records (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.