Net Foreign Assets (Local Currency) rose 3.89% to ZAR 1,492 bil in South Africa in 2024

Net Foreign Assets (Local Currency) (ZAR bil), 2024
Banking | South Africa | September 1, 2025
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Net foreign assets rose 3.89% to ZAR 1,492 bil in South Africa in 2024, according to the National Central Bank.

Historically, net foreign assets in South Africa reached an all time high of ZAR 1,492 bil in 2024 and an all time low of ZAR -31.5 bil in 1998. When compared to South Africa's main peers, net foreign assets in Botswana amounted to BWP 60.7 bil, LSL 25.3 bil in Lesotho, NAD 77.8 bil in Namibia and SZL 8.20 bil in Swaziland in 2024.

South Africa has been ranked 33rd within the group of 122 countries we follow in terms of net foreign assets, 18 places above the position seen 10 years ago.

Net Foreign Assets (Local Currency) Unit 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Angola AOA bil 4,218 7,030 7,311 5,913 6,105
Botswana BWP bil 80.1 73.7 63.0 65.2 65.8
Lesotho LSL bil 14.3 14.3 17.3 17.6 15.9
Mozambique MZN bil 196 246 313 242 203
Namibia NAD bil 38.3 38.2 42.0 46.4 52.2
South Africa ZAR bil 796 876 1,193 1,336 1,328
Swaziland SZL bil 7.13 6.75 7.89 7.35 5.79
Zambia ZMW bil 24.8 24.2 39.0 37.6 50.6
Zimbabwe ZWD bil ... ... ... < -0.001 -0.016 -0.134 0.028 0.191 ...