Transfer dependency method 1, Ratio of net transfers to own spending in South Africa
South Africa: Transfer dependency method 1, Ratio of net transfers to own spending was -0.7239 in 2020. ▲ Rising
Transfer dependency method 1, Ratio of net transfers to own spending in South Africa, 1997–2020
Source: International Monetary Fund.
Analysis
South Africa recorded -0.7239 for transfer dependency method 1, ratio of net transfers to own spending in 2020. That is the highest value across all 24 years on record.
Compared with earlier readings it is up 3.1% on the previous year and up 11.1% over ten years.
Over the whole period, transfer dependency method 1, ratio of net transfers to own spending in South Africa peaked at -0.7239 in 2020 and was at its lowest, -1.15, in 2005.
South Africa ranks 55th of 64 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 24 years of available data.
Transfer dependency method 1, Ratio of net transfers to own spending in South Africa, year by year
| Year | Value | Change |
|---|---|---|
| 1997 | -0.8677 | — |
| 1998 | -0.9227 | +6.3% |
| 1999 | -0.881 | -4.5% |
| 2000 | -0.9343 | +6.1% |
| 2001 | -0.9234 | -1.2% |
| 2002 | -0.941 | +1.9% |
| 2003 | -1.04 | +10.9% |
| 2004 | -1.1 | +5.3% |
| 2005 | -1.15 | +4.3% |
| 2006 | -0.8033 | -29.9% |
| 2007 | -0.8468 | +5.4% |
| 2008 | -0.9002 | +6.3% |
| 2009 | -0.8655 | -3.9% |
| 2010 | -0.8146 | -5.9% |
| 2011 | -0.8229 | +1.0% |
| 2012 | -0.898 | +9.1% |
| 2013 | -0.8717 | -2.9% |
| 2014 | -0.8375 | -3.9% |
| 2015 | -0.7775 | -7.2% |
| 2016 | -0.784 | +0.8% |
| 2017 | -0.7775 | -0.8% |
| 2018 | -0.7952 | +2.3% |
| 2019 | -0.747 | -6.1% |
| 2020 | -0.7239 | -3.1% |
South Africa compared with similar countries
- South Africa's -0.7239 is below the median for upper middle income countries, which is -0.2469, 2.9× the median. (26 countries reporting)
- South Africa's -0.7239 is below the median for Sub-Saharan Africa, which is -0.1165, 6.2× the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -0.8905 | -0.9227 | -0.8677 | 3 |
| 2000s | -0.9503 | -1.15 | -0.8033 | 10 |
| 2010s | -0.8126 | -0.898 | -0.747 | 10 |
| 2020s | -0.7239 | -0.7239 | -0.7239 | 1 |
Countries ranked near South Africa
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Frequently asked questions
- What is transfer dependency method 1, ratio of net transfers to own spending in South Africa?
- Transfer dependency method 1, ratio of net transfers to own spending in South Africa was -0.7239 in 2020, according to International Monetary Fund.
- What is the highest transfer dependency method 1, ratio of net transfers to own spending recorded in South Africa?
- The highest recorded value was -0.7239 in 2020.
- What is the lowest transfer dependency method 1, ratio of net transfers to own spending recorded in South Africa?
- The lowest recorded value was -1.15 in 2005.
- How does South Africa rank for transfer dependency method 1, ratio of net transfers to own spending?
- South Africa ranks 55th out of 64 countries with data for 2020.
- Is transfer dependency method 1, ratio of net transfers to own spending rising or falling in South Africa?
- Over the last ten years it is up 11.1%. The long-run trend across the full record is rising.
- Where does this South Africa data come from?
- The figures come from International Monetary Fund, published as part of Transfer dependency method 1, Ratio of net transfers to own spending, Percent (Central government). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The Fiscal Decentralization dataset includes fiscal decentralization indicators for a sample of IMF member countries. The following indicators are included in the dataset: Revenue and Expenditure Decentralization Shares; Transfer dependency and Vertical Fiscal Imbalances; Deficit and Debt; Allocation of expenditure (economic classification); Allocation of expenditure (functional classification); Allocation of non-Tax Revenues; and Allocation of Taxes.