Net secondary income (Net current transfers from abroad) in South Africa
South Africa: Net secondary income (Net current transfers from abroad) was -20.25 billion constant LCU in 2012. ◆ Volatile
Net secondary income (Net current transfers from abroad) in South Africa, 1960–2012
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
In 2012, net secondary income (net current transfers from abroad) in South Africa stood at -20.25 billion constant LCU. That is the lowest value across all 53 years on record.
The figure is down 106.7% on the previous year and down 195.5% over ten years.
Over the whole period, net secondary income (net current transfers from abroad) in South Africa peaked at 1.89 billion constant LCU in 1968 and was at its lowest, -20.25 billion constant LCU, in 2012.
South Africa ranks 116th of 125 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net secondary income (Net current transfers from abroad) in South Africa, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1960 | 800.28 million constant LCU | — |
| 1961 | 880.05 million constant LCU | +10.0% |
| 1962 | 771.54 million constant LCU | -12.3% |
| 1963 | 717.94 million constant LCU | -6.9% |
| 1964 | 822.38 million constant LCU | +14.5% |
| 1965 | 914.11 million constant LCU | +11.2% |
| 1966 | 940.41 million constant LCU | +2.9% |
| 1967 | 1.08 billion constant LCU | +14.9% |
| 1968 | 1.89 billion constant LCU | +75.1% |
| 1969 | 1.09 billion constant LCU | -42.4% |
| 1970 | 245.57 million constant LCU | -77.4% |
| 1971 | -93.64 million constant LCU | -138.1% |
| 1972 | -346.59 million constant LCU | +270.1% |
| 1973 | -1.45 billion constant LCU | +318.2% |
| 1974 | 33.59 million constant LCU | -102.3% |
| 1975 | 1.04 billion constant LCU | +2984.5% |
| 1976 | 525.21 million constant LCU | -49.3% |
| 1977 | 48.36 million constant LCU | -90.8% |
| 1978 | 131.46 million constant LCU | +171.9% |
| 1979 | 448.99 million constant LCU | +241.6% |
| 1980 | 1.79 billion constant LCU | +297.6% |
| 1981 | 1.19 billion constant LCU | -33.2% |
| 1982 | 257.85 million constant LCU | -78.4% |
| 1983 | -2.30 billion constant LCU | -991.0% |
| 1984 | -3.29 billion constant LCU | +43.1% |
| 1985 | -3.15 billion constant LCU | -4.1% |
| 1986 | -585.41 million constant LCU | -81.4% |
| 1987 | -3.55 billion constant LCU | +506.5% |
| 1988 | -2.90 billion constant LCU | -18.3% |
| 1989 | -2.42 billion constant LCU | -16.5% |
| 1990 | -3.12 billion constant LCU | +28.9% |
| 1991 | -4.59 billion constant LCU | +47.1% |
| 1992 | -2.93 billion constant LCU | -36.3% |
| 1993 | -5.18 billion constant LCU | +76.8% |
| 1994 | -4.88 billion constant LCU | -5.7% |
| 1995 | -4.77 billion constant LCU | -2.3% |
| 1996 | -6.12 billion constant LCU | +28.3% |
| 1997 | -5.84 billion constant LCU | -4.5% |
| 1998 | -6.65 billion constant LCU | +13.7% |
| 1999 | -8.50 billion constant LCU | +27.9% |
| 2000 | -8.82 billion constant LCU | +3.8% |
| 2001 | -8.04 billion constant LCU | -8.9% |
| 2002 | -6.85 billion constant LCU | -14.7% |
| 2003 | -8.33 billion constant LCU | +21.5% |
| 2004 | -11.43 billion constant LCU | +37.3% |
| 2005 | -15.67 billion constant LCU | +37.1% |
| 2006 | -14.94 billion constant LCU | -4.7% |
| 2007 | -14.57 billion constant LCU | -2.5% |
| 2008 | -15.35 billion constant LCU | +5.4% |
| 2009 | -17.23 billion constant LCU | +12.2% |
| 2010 | -12.14 billion constant LCU | -29.5% |
| 2011 | -9.80 billion constant LCU | -19.3% |
| 2012 | -20.25 billion constant LCU | +106.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 990.71 million constant LCU | 717.94 million constant LCU | 1.89 billion constant LCU | 10 |
| 1970s | 57.98 million constant LCU | -1.45 billion constant LCU | 1.04 billion constant LCU | 10 |
| 1980s | -1.50 billion constant LCU | -3.55 billion constant LCU | 1.79 billion constant LCU | 10 |
| 1990s | -5.26 billion constant LCU | -8.50 billion constant LCU | -2.93 billion constant LCU | 10 |
| 2000s | -12.12 billion constant LCU | -17.23 billion constant LCU | -6.85 billion constant LCU | 10 |
| 2010s | -14.06 billion constant LCU | -20.25 billion constant LCU | -9.80 billion constant LCU | 3 |
Countries ranked near South Africa
- 113 Kazakhstan -15.74 billion constant LCU compare
- 114 United Kingdom of Great Britain and Northern Ireland -16.01 billion constant LCU compare
- 115 Algeria -17.70 billion constant LCU compare
- 117 Canada -23.56 billion constant LCU compare
- 118 Iceland -31.13 billion constant LCU compare
- 119 China -32.38 billion constant LCU compare
More economy & growth data for South Africa
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.4836 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.4 Percent per annum (2029)
- Manufacturing, value added (current US$), per unit of GDP 0.1225 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 808.52 current US$ per person (2025)
- Manufacturing, value added (current LCU), per unit of GDP 2.19 current LCU per US$ of GDP (2025)
- Manufacturing, value added (current LCU), per capita 14,463 current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.0949 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 626.22 constant 2015 US$ per person (2025)
- Manufacturing, value added (constant LCU), per capita 7,985 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 5.53 % change on previous year (2025)
Frequently asked questions
- What is net secondary income (net current transfers from abroad) in South Africa?
- Net secondary income (net current transfers from abroad) in South Africa was -20.25 billion constant LCU in 2012, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest net secondary income (net current transfers from abroad) recorded in South Africa?
- The highest recorded value was 1.89 billion constant LCU in 1968.
- What is the lowest net secondary income (net current transfers from abroad) recorded in South Africa?
- The lowest recorded value was -20.25 billion constant LCU in 2012.
- How does South Africa rank for net secondary income (net current transfers from abroad)?
- South Africa ranks 116th out of 125 countries with data for 2012.
- Is net secondary income (net current transfers from abroad) rising or falling in South Africa?
- Over the last ten years it is down 195.5%. The long-run trend across the full record is volatile.
- Where does this South Africa data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Net secondary income (Net current transfers from abroad) (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Net secondary income (from abroad) comprises transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net secondary income is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.