Total factoring volume to GDP in South Africa
South Africa: Total factoring volume to GDP was 8.7% in 2020. ▲ Rising
Total factoring volume to GDP in South Africa, 2007–2020
Source: Factors Chain International. Measured in %.
Analysis
In 2020, total factoring volume to gdp in South Africa stood at 8.7%. That is the highest value across all 14 years on record.
Compared with earlier readings it is up 30.7% on the previous year and up 63.5% over ten years.
Over the whole period, total factoring volume to gdp in South Africa peaked at 8.7% in 2020 and was at its lowest, 4.5%, in 2007.
South Africa ranks 17th of 73 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 14 years of available data.
Total factoring volume to GDP in South Africa, year by year
| Year | % | Change |
|---|---|---|
| 2007 | 4.5% | — |
| 2008 | 6.2% | +38.0% |
| 2009 | 6.3% | +2.1% |
| 2010 | 5.3% | -15.4% |
| 2011 | 7.1% | +33.6% |
| 2012 | 7.1% | -0.2% |
| 2013 | 7.3% | +2.5% |
| 2014 | 5.5% | -24.6% |
| 2015 | 5.0% | -8.6% |
| 2016 | 5.8% | +15.2% |
| 2017 | 5.9% | +1.4% |
| 2018 | 5.8% | -1.6% |
| 2019 | 6.7% | +15.5% |
| 2020 | 8.7% | +30.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.7% | 4.5% | 6.3% | 3 |
| 2010s | 6.2% | 5.0% | 7.3% | 10 |
| 2020s | 8.7% | 8.7% | 8.7% | 1 |
Countries ranked near South Africa
More financial sector data for South Africa
- Total reserves (gold at national valuation) (SDR), annual growth rate 10.41 % change on previous year (2025)
- Total reserves (gold at national valuation) (SDR), per capita 855.88 SDR per person (2025)
- Total reserves in months of imports, annual growth rate 9.76 % change on previous year (2025)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 1.24 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.0877 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 578.61 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate 1.27 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 658.6 SDR per person (2025)
Frequently asked questions
- What is total factoring volume to gdp in South Africa?
- Total factoring volume to gdp in South Africa was 8.7% in 2020, according to Factors Chain International.
- What is the highest total factoring volume to gdp recorded in South Africa?
- The highest recorded value was 8.7% in 2020.
- What is the lowest total factoring volume to gdp recorded in South Africa?
- The lowest recorded value was 4.5% in 2007.
- How does South Africa rank for total factoring volume to gdp?
- South Africa ranks 17th out of 73 countries with data for 2020.
- Is total factoring volume to gdp rising or falling in South Africa?
- Over the last ten years it is up 63.5%. The long-run trend across the full record is rising.
- Where does this South Africa data come from?
- The figures come from Factors Chain International, published as part of Total factoring volume to GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
GDP data provided by IFS and converted into USD using IFS exchange rates.