South Africa: Reserves

* indicates monthly or quarterly data series
 South Africa

Foreign exchange reserves including gold, billion USD

 Latest value 60.55
 Year 2022
 Measure billion U.S. dollars
 Data availability 1960 - 2022
 Average 15.45
 Min - Max 0.27 - 60.55
 Source The World Bank
For that indicator, we provide data for South Africa from 1960 to 2022. The average value for South Africa during that period was 15.45 billion U.S. dollars with a minimum of 0.27 billion U.S. dollars in 1960 and a maximum of 60.55 billion U.S. dollars in 2022. The latest value from 2022 is 60.55 billion U.S. dollars. For comparison, the world average in 2022 based on 146 countries is 95.37 billion U.S. dollars. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series

Recent values chart
South Africa - Reserves - Recent values chart

Historical chart
South Africa - Reserves - historical chart - 1960-2022

The reserves of South Africa and other countries include their holdings of foreign currencies and gold. These are the reserves of the central bank and the treasury of the country, not the private sector.

When countries export products or attract investment from other countries, they receive foreign currencies. They use some of these currencies to buy imports and to invest in other countries. The rest is held in reserves and some of the reserves may be converted to gold.
Definition: Total reserves comprise holdings of monetary gold, special drawing rights, reserves of IMF members held by the IMF, and holdings of foreign exchange under the control of monetary authorities. The gold component of these reserves is valued at year-end (December 31) London prices. Data are in current U.S. dollars.

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 Related indicators Latest value Reference Measure
 Terms of trade 128.32 2021 percent
 Trade openness 65.06 2022 percent
 Financial openness -1.242 2021 index points
 Exports, percent of GDP 33.54 2022 percent
 Exports, billion dollars 124.76 2023 billion U.S. dollars
 Growth of exports 7.39 2022 percent
 Imports, percent of GDP 31.52 2022 percent
 Imports, billion dollars 123.53 2023 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 2.27 2022 percent
 Foreign Direct Investment, billion dollars 9.19 2022 billion U.S. dollars
 Portfolio investment inflows, equities -4,382.76 2023 million dollars (current)
 Current account, percent of GDP -1.60 2023 percent
 Current account, in dollars -6.16 2023 billion U.S. dollars
 Trade balance, percent of GDP 2.02 2022 percent
 Trade balance, in dollars 1.19 2023 billion U.S. dollars
 Reserves 60.55 2022 billion U.S. dollars
 Remittances, percent of GDP 0.22 2022 percent
 Remittances 872.86 2022 million U.S. dollars
 Net errors and omissions 1,263.43 2023 million USD
 External debt 43.38 2022 percent
 Short-term external debt 24.95 2022 percent
 Short-term debt to reserves 70.93 2022 percent
 Foreign exchange reserves 1,152.50 9/2023 billion
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