Financial soundness indicators in South Africa
South Africa: Financial soundness indicators was 2.1% in 2024. ▲ Rising
Financial soundness indicators in South Africa, 2008–2024
Source: International Monetary Fund – processed by Our World in Data. Measured in %.
Analysis
The most recent figure for financial soundness indicators in South Africa is 2.1%, measured in 2024. That is the highest value across all 17 years on record.
Compared with earlier readings it is up 5.0% on the previous year and up 43.8% over ten years.
Over the whole period, financial soundness indicators in South Africa peaked at 2.1% in 2024 and was at its lowest, 0.7%, in 2020.
That places South Africa 69th out of 150 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 17 years of available data.
Financial soundness indicators in South Africa, year by year
| Year | % | Change |
|---|---|---|
| 2008 | 1.5% | — |
| 2009 | 1.1% | -24.3% |
| 2010 | 1.3% | +10.4% |
| 2011 | 1.6% | +22.0% |
| 2012 | 1.5% | -0.6% |
| 2013 | 1.5% | -5.2% |
| 2014 | 1.5% | +0.0% |
| 2015 | 1.6% | +6.2% |
| 2016 | 1.8% | +14.2% |
| 2017 | 1.7% | -2.3% |
| 2018 | 1.7% | -1.7% |
| 2019 | 1.5% | -11.8% |
| 2020 | 0.7% | -54.7% |
| 2021 | 1.4% | +111.8% |
| 2022 | 1.9% | +34.7% |
| 2023 | 2.0% | +3.1% |
| 2024 | 2.1% | +5.0% |
South Africa compared with similar countries
- South Africa's 2.1% is below the median for upper middle income countries, which is 2.5%, 83% of the median. (47 countries reporting)
- South Africa's 2.1% is below the median for Sub-Saharan Africa, which is 3.3%, 63% of the median. (31 countries reporting)
Biggest year-on-year movements
Years where Financial soundness indicators 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 |
|---|---|---|---|
| 2021 | +111.8% | 0.7% | 1.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.3% | 1.1% | 1.5% | 2 |
| 2010s | 1.6% | 1.3% | 1.8% | 10 |
| 2020s | 1.6% | 0.7% | 2.1% | 5 |
Countries ranked near South Africa
More reference data data for South Africa
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.5111 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 8.71 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 13.63 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.7468 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 13.63 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 1.71 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 1.49 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 41.1 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 63.65 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 4.07 (2050)
Frequently asked questions
- What is financial soundness indicators in South Africa?
- Financial soundness indicators in South Africa was 2.1% in 2024, according to International Monetary Fund – processed by Our World in Data.
- What is the highest financial soundness indicators recorded in South Africa?
- The highest recorded value was 2.1% in 2024.
- What is the lowest financial soundness indicators recorded in South Africa?
- The lowest recorded value was 0.7% in 2020.
- How does South Africa rank for financial soundness indicators?
- South Africa ranks 69th out of 150 countries with data for 2024.
- Is financial soundness indicators rising or falling in South Africa?
- Over the last ten years it is up 43.8%. 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 – processed by Our World in Data, published as part of Financial soundness indicators. Statizoid updates them automatically from the source API.
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CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Return on assets (%).