South Africa - Net current transfers from abroad

Net current transfers from abroad (current US$)

The latest value for Net current transfers from abroad (current US$) in South Africa was ($2,563,688,000) as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $143,804,800 in 1980 and ($3,821,118,000) in 2012.

Definition: Current transfers comprise transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net current transfers from abroad is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 $1,400,000
1961 $2,799,999
1962 $9,799,996
1963 $6,999,997
1964 $15,399,990
1965 $20,999,990
1966 $22,399,990
1967 $26,599,990
1968 $47,599,980
1969 $29,399,990
1970 $6,999,997
1971 ($2,796,355)
1972 ($10,406,840)
1973 ($54,758,270)
1974 $1,471,720
1975 $47,328,780
1976 $23,000,000
1977 $2,300,000
1978 $6,900,000
1979 $27,315,180
1980 $143,804,800
1981 $100,275,900
1982 $20,261,260
1983 ($201,956,700)
1984 ($241,988,400)
1985 ($174,094,500)
1986 ($36,760,980)
1987 ($284,376,500)
1988 ($243,680,600)
1989 ($210,853,200)
1990 ($320,022,100)
1991 ($513,526,200)
1992 ($365,357,600)
1993 ($640,205,600)
1994 ($608,313,600)
1995 ($645,419,200)
1996 ($746,633,200)
1997 ($722,222,200)
1998 ($740,372,300)
1999 ($926,753,400)
2000 ($925,386,900)
2001 ($726,780,700)
2002 ($554,422,400)
2003 ($988,538,900)
2004 ($1,682,586,000)
2005 ($2,465,680,000)
2006 ($2,328,583,000)
2007 ($2,352,599,000)
2008 ($2,288,529,000)
2009 ($2,646,778,000)
2010 ($2,289,379,000)
2011 ($1,955,764,000)
2012 ($3,821,118,000)
2013 ($3,177,447,000)
2014 ($3,156,283,000)
2015 ($2,596,563,000)
2016 ($1,826,050,000)
2017 ($2,820,347,000)
2018 ($2,613,364,000)
2019 ($2,392,653,000)
2020 ($2,563,688,000)

Net current transfers from abroad (current LCU)

The value for Net current transfers from abroad (current LCU) in South Africa was -42,196,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 112,000,000 in 1980 and a minimum value of -42,196,000,000 in 2020.

Definition: Current transfers comprise transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net current transfers from abroad is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 1,000,000
1961 2,000,000
1962 7,000,000
1963 5,000,000
1964 11,000,000
1965 15,000,000
1966 16,000,000
1967 19,000,000
1968 34,000,000
1969 21,000,000
1970 5,000,000
1971 -2,000,000
1972 -8,000,000
1973 -38,000,000
1974 1,000,000
1975 35,000,000
1976 20,000,000
1977 2,000,000
1978 6,000,000
1979 23,000,000
1980 112,000,000
1981 88,000,000
1982 22,000,000
1983 -225,000,000
1984 -357,000,000
1985 -388,000,000
1986 -84,000,000
1987 -579,000,000
1988 -554,000,000
1989 -553,000,000
1990 -828,000,000
1991 -1,418,000,000
1992 -1,042,000,000
1993 -2,092,000,000
1994 -2,160,000,000
1995 -2,341,000,000
1996 -3,210,000,000
1997 -3,328,000,000
1998 -4,093,000,000
1999 -5,662,000,000
2000 -6,422,000,000
2001 -6,257,000,000
2002 -5,844,000,000
2003 -7,478,000,000
2004 -10,869,000,000
2005 -15,680,000,000
2006 -15,768,000,000
2007 -16,575,000,000
2008 -18,906,000,000
2009 -22,428,000,000
2010 -16,761,000,000
2011 -14,201,000,000
2012 -31,371,000,000
2013 -30,663,000,000
2014 -34,228,000,000
2015 -33,108,000,000
2016 -26,859,000,000
2017 -37,547,000,000
2018 -34,585,000,000
2019 -34,570,000,000
2020 -42,196,000,000

Net current transfers from abroad (constant LCU)

The value for Net current transfers from abroad (constant LCU) in South Africa was -20,253,920,000 as of 2012. As the graph below shows, over the past 52 years this indicator reached a maximum value of 1,891,593,000 in 1968 and a minimum value of -20,253,920,000 in 2012.

Definition: Current transfers comprise transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net current transfers from abroad is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 800,284,700
1961 880,052,600
1962 771,537,200
1963 717,937,200
1964 822,382,300
1965 914,105,200
1966 940,410,100
1967 1,080,102,000
1968 1,891,593,000
1969 1,088,742,000
1970 245,565,600
1971 -93,644,500
1972 -346,593,100
1973 -1,449,386,000
1974 33,593,640
1975 1,036,211,000
1976 525,209,300
1977 48,356,380
1978 131,456,900
1979 448,994,000
1980 1,785,192,000
1981 1,193,220,000
1982 257,853,600
1983 -2,297,586,000
1984 -3,288,237,000
1985 -3,154,045,000
1986 -585,414,800
1987 -3,550,776,000
1988 -2,902,713,000
1989 -2,423,830,000
1990 -3,123,486,000
1991 -4,593,431,000
1992 -2,927,958,000
1993 -5,177,155,000
1994 -4,880,898,000
1995 -4,767,826,000
1996 -6,117,990,000
1997 -5,843,161,000
1998 -6,646,171,000
1999 -8,503,658,000
2000 -8,824,701,000
2001 -8,037,666,000
2002 -6,853,403,000
2003 -8,325,563,000
2004 -11,431,430,000
2005 -15,673,620,000
2006 -14,938,480,000
2007 -14,565,570,000
2008 -15,348,950,000
2009 -17,226,910,000
2010 -12,136,390,000
2011 -9,797,592,000
2012 -20,253,920,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts