Net acquisition of financial assets in Africa Eastern and Southern
Africa Eastern and Southern: Net acquisition of financial assets was 0.1% in 2024. ◆ Volatile
Net acquisition of financial assets in Africa Eastern and Southern, 2006–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2024, net acquisition of financial assets in Africa Eastern and Southern stood at 0.1%. That is the lowest value across all 19 years on record.
That represents a change of down 61.3% on the previous year and down 89.1% over ten years.
Over the whole period, net acquisition of financial assets in Africa Eastern and Southern peaked at 5.2% in 2006 and was at its lowest, 0.1%, in 2024.
The series is highly variable year to year, so single readings are best treated with caution.
Net acquisition of financial assets in Africa Eastern and Southern, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2006 | 5.2% | — |
| 2007 | 4.3% | -17.9% |
| 2008 | 2.9% | -31.7% |
| 2009 | 1.7% | -42.7% |
| 2010 | 2.9% | +73.3% |
| 2011 | 2.6% | -9.9% |
| 2012 | 1.7% | -36.0% |
| 2013 | 0.9% | -45.1% |
| 2014 | 0.6% | -30.0% |
| 2015 | 0.3% | -50.5% |
| 2016 | 3.0% | +848.3% |
| 2017 | 2.4% | -19.7% |
| 2018 | 0.7% | -70.3% |
| 2019 | 0.2% | -73.5% |
| 2020 | 0.8% | +318.0% |
| 2021 | 0.9% | +12.1% |
| 2022 | 0.6% | -34.7% |
| 2023 | 0.2% | -69.0% |
| 2024 | 0.1% | -61.3% |
Biggest year-on-year movements
Years where Net acquisition of financial assets in Africa Eastern and Southern changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2016 | +848.3% | 0.3% | 3.0% |
| 2020 | +318.0% | 0.2% | 0.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.5% | 1.7% | 5.2% | 4 |
| 2010s | 1.5% | 0.2% | 3.0% | 10 |
| 2020s | 0.5% | 0.1% | 0.9% | 5 |
Countries ranked near Africa Eastern and Southern
- 11 Tonga 5.3% compare
- 12 Azerbaijan 5.2% compare
- 13 New Zealand 5.1%
- 14 Bulgaria 5.0%
- 15 Marshall Islands 4.9% compare
- 16 Senegal 4.4% compare
- 17 Finland 4.4%
More public sector data for Africa Eastern and Southern
- Arms imports 166.00 million SIPRI trend indicator values (2023)
- Arms imports (SIPRI trend indicator values), per capita 0.2212 SIPRI trend indicator values per person (2023)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0001 SIPRI trend indicator values per US$ of GDP (2023)
- Arms imports (SIPRI trend indicator values), annual growth rate -35.66 % change on previous year (2023)
- Arms imports (SIPRI trend indicator values), gaps filled 166.00 million SIPRI trend indicator values (2023)
- Military expenditure (current USD), per capita 17.76 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0109 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate -0.536 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 13.66 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 11.17 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is net acquisition of financial assets in Africa Eastern and Southern?
- Net acquisition of financial assets in Africa Eastern and Southern was 0.1% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net acquisition of financial assets recorded in Africa Eastern and Southern?
- The highest recorded value was 5.2% in 2006.
- What is the lowest net acquisition of financial assets recorded in Africa Eastern and Southern?
- The lowest recorded value was 0.1% in 2024.
- How does Africa Eastern and Southern rank for net acquisition of financial assets?
- Africa Eastern and Southern ranks 14th out of 17 groups with data for 2024.
- Is net acquisition of financial assets rising or falling in Africa Eastern and Southern?
- Over the last ten years it is down 89.1%. The long-run trend across the full record is volatile.
- Where does this Africa Eastern and Southern data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net acquisition of financial assets (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Net acquisition of government financial assets includes domestic and foreign financial claims, SDRs, and gold bullion held by monetary authorities as a reserve asset. The net acquisition of financial assets should be offset by the net incurrence of liabilities. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.