Net acquisition of financial assets in South Africa
South Africa: Net acquisition of financial assets was 0.8% in 2024. ◆ Volatile
Net acquisition of financial assets in South Africa, 1990–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for net acquisition of financial assets in South Africa is 0.8%, measured in 2024.
That represents a change of up 711.4% on the previous year and down 53.3% over ten years.
Over the whole period, net acquisition of financial assets in South Africa peaked at 3.6% in 2009 and was at its lowest, -1.3%, in 1996.
That places South Africa 68th out of 134 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net acquisition of financial assets in South Africa, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1990 | 0.1% | — |
| 1991 | 0.6% | +373.4% |
| 1992 | -0.9% | -267.7% |
| 1993 | -0.1% | -94.5% |
| 1994 | 0.1% | -272.9% |
| 1995 | 0.0% | -68.0% |
| 1996 | -1.3% | -4591.9% |
| 1997 | -0.3% | -72.1% |
| 1998 | -0.3% | -4.6% |
| 1999 | 0.1% | -120.2% |
| 2000 | -0.1% | -246.4% |
| 2001 | 0.5% | -650.1% |
| 2002 | 0.1% | -73.5% |
| 2003 | 0.6% | +321.4% |
| 2004 | 1.5% | +145.5% |
| 2005 | 2.0% | +37.8% |
| 2006 | 1.4% | -30.4% |
| 2007 | 1.4% | -2.2% |
| 2008 | 1.8% | +28.4% |
| 2009 | 3.6% | +103.2% |
| 2010 | 2.3% | -36.0% |
| 2011 | -0.5% | -119.9% |
| 2012 | 0.0% | -109.0% |
| 2013 | 1.4% | +3213.0% |
| 2014 | 1.8% | +30.7% |
| 2015 | 0.3% | -82.5% |
| 2016 | 1.5% | +391.0% |
| 2017 | 1.2% | -24.6% |
| 2018 | -0.3% | -125.4% |
| 2019 | 1.7% | -680.1% |
| 2020 | 2.6% | +53.3% |
| 2021 | -0.3% | -112.1% |
| 2022 | 0.0% | -108.3% |
| 2023 | -0.1% | -622.6% |
| 2024 | 0.8% | -711.4% |
South Africa compared with similar countries
- South Africa's 0.8% is below the median for upper middle income countries, which is 0.8%, 99% of the median. (47 countries reporting)
- South Africa's 0.8% is above the median for Sub-Saharan Africa, which is 0.0%, 233.3× the median. (33 countries reporting)
Biggest year-on-year movements
Years where Net acquisition of financial assets in South Africa 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 |
|---|---|---|---|
| 1996 | -4591.9% | 0.0% | -1.3% |
| 2013 | +3213.0% | 0.0% | 1.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -0.2% | -1.3% | 0.6% | 10 |
| 2000s | 1.3% | -0.1% | 3.6% | 10 |
| 2010s | 1.0% | -0.5% | 2.3% | 10 |
| 2020s | 0.6% | -0.3% | 2.6% | 5 |
Countries ranked near South Africa
- 65 Sri Lanka 0.9% compare
- 66 Cape Verde 0.8% compare
- 67 Lao People's Democratic Republic 0.8% compare
- 69 Serbia 0.8% compare
- 70 Vanuatu 0.8% compare
- 71 Saudi Arabia 0.8% compare
More public sector data for South Africa
- Arms imports 30.00 million SIPRI trend indicator values (2023)
- Arms imports (SIPRI trend indicator values), per capita 0.4746 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 0 % change on previous year (2023)
- Arms imports (SIPRI trend indicator values), gaps filled 30.00 million SIPRI trend indicator values (2023)
- Military expenditure (current USD), per capita 44.31 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0071 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate -1.41 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 2.84 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 24.73 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is net acquisition of financial assets in South Africa?
- Net acquisition of financial assets in South Africa was 0.8% 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 South Africa?
- The highest recorded value was 3.6% in 2009.
- What is the lowest net acquisition of financial assets recorded in South Africa?
- The lowest recorded value was -1.3% in 1996.
- How does South Africa rank for net acquisition of financial assets?
- South Africa ranks 68th out of 134 countries with data for 2024.
- Is net acquisition of financial assets rising or falling in South Africa?
- Over the last ten years it is down 53.3%. The long-run trend across the full record is volatile.
- Where does this South Africa 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.
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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.