Remittances, annual growth rate in South Africa

South Africa: Remittances, annual growth rate was 10.3 % change on previous year in 2025. ◆ Volatile

Latest (2025)
10.3 % change on previous year
Change on year
up 730.1%
World rank
34th
of 189 countries
All-time high
127.03 % change on previous year
in 1997
All-time low
-30.64 % change on previous year
in 1973
Years of data
55
1971–2025

Remittances, annual growth rate in South Africa, 1971–2025

-50050100150197119982025

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2025, remittances, annual growth rate in South Africa stood at 10.3 % change on previous year.

Compared with earlier readings it is up 730.1% on the previous year and up 1,653.5% over ten years.

Over the whole period, remittances, annual growth rate in South Africa peaked at 127.03 % change on previous year in 1997 and was at its lowest, -30.64 % change on previous year, in 1973.

South Africa ranks 34th of 189 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Remittances, annual growth rate in South Africa, year by year

Annual values for Remittances, annual growth rate in South Africa, 1971 to 2025.
Year % change on previous year Change
1971 -9.49 % change on previous year —
1972 4.77 % change on previous year -150.3%
1973 -30.64 % change on previous year -742.2%
1974 33.66 % change on previous year -209.9%
1975 30.13 % change on previous year -10.5%
1976 -15.85 % change on previous year -152.6%
1977 -9.22 % change on previous year -41.9%
1978 33.51 % change on previous year -463.5%
1979 -4.23 % change on previous year -112.6%
1980 -7.47 % change on previous year +76.6%
1981 24.27 % change on previous year -425.0%
1982 0.428 % change on previous year -98.2%
1983 -18.33 % change on previous year -4382.9%
1984 -0.1807 % change on previous year -99.0%
1985 -21.35 % change on previous year +11714.5%
1986 -19.38 % change on previous year -9.2%
1987 -3.21 % change on previous year -83.4%
1988 2 % change on previous year -162.2%
1989 71.45 % change on previous year +3475.9%
1990 31.27 % change on previous year -56.2%
1991 -11.23 % change on previous year -135.9%
1992 -15.01 % change on previous year +33.6%
1993 -14.87 % change on previous year -0.9%
1994 -6.88 % change on previous year -53.7%
1995 -25.16 % change on previous year +265.6%
1996 -4.72 % change on previous year -81.2%
1997 127.03 % change on previous year -2792.3%
1998 62.3 % change on previous year -51.0%
1999 19.81 % change on previous year -68.2%
2000 5.64 % change on previous year -71.5%
2001 -2.81 % change on previous year -149.8%
2002 -0.0976 % change on previous year -96.5%
2003 -4.52 % change on previous year +4525.2%
2004 -7.74 % change on previous year +71.5%
2005 16.07 % change on previous year -307.5%
2006 7.21 % change on previous year -55.2%
2007 4.47 % change on previous year -38.0%
2008 4.21 % change on previous year -5.8%
2009 5.45 % change on previous year +29.6%
2010 -1.97 % change on previous year -136.2%
2011 -1.35 % change on previous year -31.8%
2012 -1.25 % change on previous year -7.2%
2013 -3.02 % change on previous year +141.6%
2014 -1.04 % change on previous year -65.6%
2015 -0.6632 % change on previous year -36.2%
2016 -1.92 % change on previous year +189.3%
2017 -1.87 % change on previous year -2.5%
2018 0.0681 % change on previous year -103.6%
2019 -0.2761 % change on previous year -505.5%
2020 4.95 % change on previous year -1891.8%
2021 -8.04 % change on previous year -262.5%
2022 -2.94 % change on previous year -63.4%
2023 -1.65 % change on previous year -44.0%
2024 1.24 % change on previous year -175.3%
2025 10.3 % change on previous year +730.1%

South Africa compared with similar countries

  • South Africa's 10.3 % change on previous year is above the median for upper middle income countries, which is -3.05 % change on previous year. (54 countries reporting)
  • South Africa's 10.3 % change on previous year is above the median for Sub-Saharan Africa, which is -0.6476 % change on previous year. (44 countries reporting)

Biggest year-on-year movements

Years where Remittances, annual growth rate 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.

YearChange FromTo
1985 -11714.5% -0.1807 % change on previous year -21.35 % change on previous year
2003 -4525.2% -0.0976 % change on previous year -4.52 % change on previous year
1983 -4382.9% 0.428 % change on previous year -18.33 % change on previous year
1989 +3475.9% 2 % change on previous year 71.45 % change on previous year
1997 +2792.3% -4.72 % change on previous year 127.03 % change on previous year
2020 +1891.8% -0.2761 % change on previous year 4.95 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 3.63 % change on previous year -30.64 % change on previous year 33.66 % change on previous year 9
1980s 2.82 % change on previous year -21.35 % change on previous year 71.45 % change on previous year 10
1990s 16.25 % change on previous year -25.16 % change on previous year 127.03 % change on previous year 10
2000s 2.79 % change on previous year -7.74 % change on previous year 16.07 % change on previous year 10
2010s -1.33 % change on previous year -3.02 % change on previous year 0.0681 % change on previous year 10
2020s 0.6439 % change on previous year -8.04 % change on previous year 10.3 % change on previous year 6

Countries ranked near South Africa

  1. 31 Guinea 11.16 % change on previous year compare
  2. 32 Costa Rica 10.66 % change on previous year compare
  3. 33 Australia 10.49 % change on previous year compare
  4. 35 Slovenia 9.85 % change on previous year compare
  5. 36 Lebanon 8.79 % change on previous year compare
  6. 37 Israel 8.59 % change on previous year compare

See the full ranking of 189 places →

More reference data data for South Africa

All data for South Africa →

Frequently asked questions

What is remittances, annual growth rate in South Africa?
Remittances, annual growth rate in South Africa was 10.3 % change on previous year in 2025, according to Statizoid (derived).
What is the highest remittances, annual growth rate recorded in South Africa?
The highest recorded value was 127.03 % change on previous year in 1997.
What is the lowest remittances, annual growth rate recorded in South Africa?
The lowest recorded value was -30.64 % change on previous year in 1973.
How does South Africa rank for remittances, annual growth rate?
South Africa ranks 34th out of 189 countries with data for 2025.
Is remittances, annual growth rate rising or falling in South Africa?
Over the last ten years it is up 1,653.5%. The long-run trend across the full record is volatile.
Where does this South Africa data come from?
The figures come from Statizoid (derived), published as part of Remittances, annual growth rate. Statizoid updates them automatically from the source API.

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Remittances, annual growth rate in South Africa. Statizoid, drawing on Statizoid (derived). Retrieved 15 November 2026, from https://reference.statizoid.com/stat/remittances-annual-growth-rate/south-africa/

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How this figure is calculated

The year-on-year percentage change in Remittances. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Remittances, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
189 places, 6,804 data points, 1971–2025
Last refreshed

The year-on-year percentage change in Remittances. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.