Primary income balance (credit less debit), Net (credits less debits) in South Africa
South Africa: Primary income balance (credit less debit), Net (credits less debits) was -7.89 billion in 2024. ▬ Flat
Primary income balance (credit less debit), Net (credits less debits) in South Africa, 2005–2024
Source: International Monetary Fund.
Analysis
The most recent figure for primary income balance (credit less debit), net (credits less debits) in South Africa is -7.89 billion, measured in 2024.
That represents a change of down 52.2% on the previous year and up 16.3% over ten years.
Over the whole period, primary income balance (credit less debit), net (credits less debits) in South Africa peaked at -4.93 billion in 2005 and was at its lowest, -11.49 billion, in 2018.
That places South Africa 167th out of 197 countries with data for 2024, putting it in the bottom quarter.
Primary income balance (credit less debit), Net (credits less debits) in South Africa, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -4.93 billion | — |
| 2006 | -5.16 billion | +4.7% |
| 2007 | -9.84 billion | +90.8% |
| 2008 | -9.13 billion | -7.2% |
| 2009 | -6.70 billion | -26.6% |
| 2010 | -8.12 billion | +21.2% |
| 2011 | -10.86 billion | +33.7% |
| 2012 | -10.92 billion | +0.6% |
| 2013 | -9.69 billion | -11.2% |
| 2014 | -9.43 billion | -2.7% |
| 2015 | -7.87 billion | -16.5% |
| 2016 | -8.24 billion | +4.6% |
| 2017 | -10.59 billion | +28.5% |
| 2018 | -11.49 billion | +8.5% |
| 2019 | -9.75 billion | -15.2% |
| 2020 | -5.72 billion | -41.3% |
| 2021 | -8.08 billion | +41.2% |
| 2022 | -8.64 billion | +6.9% |
| 2023 | -5.18 billion | -40.0% |
| 2024 | -7.89 billion | +52.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -7.15 billion | -9.84 billion | -4.93 billion | 5 |
| 2010s | -9.70 billion | -11.49 billion | -7.87 billion | 10 |
| 2020s | -7.10 billion | -8.64 billion | -5.18 billion | 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 primary income balance (credit less debit), net (credits less debits) in South Africa?
- Primary income balance (credit less debit), net (credits less debits) in South Africa was -7.89 billion in 2024, according to International Monetary Fund.
- What is the highest primary income balance (credit less debit), net (credits less debits) recorded in South Africa?
- The highest recorded value was -4.93 billion in 2005.
- What is the lowest primary income balance (credit less debit), net (credits less debits) recorded in South Africa?
- The lowest recorded value was -11.49 billion in 2018.
- How does South Africa rank for primary income balance (credit less debit), net (credits less debits)?
- South Africa ranks 167th out of 197 countries with data for 2024.
- Is primary income balance (credit less debit), net (credits less debits) rising or falling in South Africa?
- Over the last ten years it is up 16.3%. The long-run trend across the full record is flat.
- Where does this South Africa data come from?
- The figures come from International Monetary Fund, published as part of Primary income balance (credit less debit), Net (credits less debits) (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.