Services, Credit/Revenue in South Africa

South Africa: Services, Credit/Revenue was 16.11 billion in 2024. ▬ Flat

Latest (2024)
16.11 billion
Change on year
up 11.5%
World rank
59th
of 198 countries
All-time high
17.89 billion
in 2012
All-time low
8.66 billion
in 2020
Years of data
20
2005–2024

Services, Credit/Revenue in South Africa, 2005–2024

05.0B10.0B15.0B20.0B2005201420242005: 11.8B2006: 12.8B2007: 14.6B2008: 13.8B2009: 13.0B2010: 16.2B2011: 17.5B2012: 17.9B2013: 17.1B2014: 17.2B2015: 15.6B2016: 15.0B2017: 16.5B2018: 17.1B2019: 15.9B2020: 8.7B2021: 9.3B2022: 12.8B2023: 14.5B2024: 16.1B

Source: International Monetary Fund.

Analysis

South Africa recorded 16.11 billion for services, credit/revenue in 2024.

The figure is up 11.5% on the previous year and down 6.3% over ten years.

Over the whole period, services, credit/revenue in South Africa peaked at 17.89 billion in 2012 and was at its lowest, 8.66 billion, in 2020.

South Africa ranks 59th of 198 countries on this measure, in the middle of the range.

Services, Credit/Revenue in South Africa, year by year

Annual values for Services, Credit/Revenue (US dollar) in South Africa, 2005 to 2024.
Year Value Change
2005 11.83 billion
2006 12.84 billion +8.6%
2007 14.62 billion +13.9%
2008 13.81 billion -5.6%
2009 12.98 billion -6.0%
2010 16.19 billion +24.8%
2011 17.48 billion +7.9%
2012 17.89 billion +2.4%
2013 17.12 billion -4.3%
2014 17.20 billion +0.5%
2015 15.56 billion -9.6%
2016 14.97 billion -3.8%
2017 16.53 billion +10.5%
2018 17.08 billion +3.3%
2019 15.91 billion -6.9%
2020 8.66 billion -45.6%
2021 9.26 billion +6.9%
2022 12.85 billion +38.8%
2023 14.46 billion +12.5%
2024 16.11 billion +11.5%

Averages by decade

DecadeAverage LowestHighest Years
2000s 13.22 billion 11.83 billion 14.62 billion 5
2010s 16.59 billion 14.97 billion 17.89 billion 10
2020s 12.27 billion 8.66 billion 16.11 billion 5

Countries ranked near South Africa

  1. 56 Bahrain 17.02 billion compare
  2. 57 Bulgaria 16.59 billion compare
  3. 58 Costa Rica 16.27 billion compare
  4. 60 Serbia 15.65 billion compare
  5. 61 Dominican Republic 14.69 billion compare
  6. 62 Slovakia 13.91 billion compare

See the full ranking of 207 places →

More financial sector data for South Africa

All data for South Africa →

Frequently asked questions

What is services, credit/revenue in South Africa?
Services, credit/revenue in South Africa was 16.11 billion in 2024, according to International Monetary Fund.
What is the highest services, credit/revenue recorded in South Africa?
The highest recorded value was 17.89 billion in 2012.
What is the lowest services, credit/revenue recorded in South Africa?
The lowest recorded value was 8.66 billion in 2020.
How does South Africa rank for services, credit/revenue?
South Africa ranks 59th out of 198 countries with data for 2024.
Is services, credit/revenue rising or falling in South Africa?
Over the last ten years it is down 6.3%. 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 Services, Credit/Revenue (US dollar). Statizoid updates them automatically from the source API.

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Services, Credit/Revenue in South Africa. Statizoid, drawing on International Monetary Fund. Retrieved 28 August 2026, from https://financial-sector.statizoid.com/stat/services-credit-revenue-us-dollar/south-africa/

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About this data

Indicator
Services, Credit/Revenue (US dollar)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
207 places, 3,864 data points, 2005–2024
Last refreshed

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.