Liquid assets to short term liabilities (%) in South Africa

South Africa: Liquid assets to short term liabilities (%) was 34.0% in 2024. ▼ Falling

Latest (2024)
34.0%
Change on year
down 0.5%
World rank
117th
of 146 countries
All-time high
45.4%
in 2008
All-time low
34.0%
in 2024
Years of data
17
2008–2024

Liquid assets to short term liabilities in South Africa, 2008–2024

010203040502008201620242008: 45.4 %2009: 45.3 %2010: 42.9 %2011: 41 %2012: 40.7 %2013: 40.8 %2014: 39.8 %2015: 42.3 %2016: 38.1 %2017: 36.2 %2018: 36.7 %2019: 37.1 %2020: 35.2 %2021: 34.6 %2022: 38.1 %2023: 34.2 %2024: 34 %

Source: United Nations Statistics Division, SDG Global Database. Measured in %.

Analysis

In 2024, liquid assets to short term liabilities in South Africa stood at 34.0%. That is the lowest value across all 17 years on record.

That represents a change of down 0.5% on the previous year and down 14.5% over ten years.

Over the whole period, liquid assets to short term liabilities in South Africa peaked at 45.4% in 2008 and was at its lowest, 34.0%, in 2024.

That places South Africa 117th out of 146 countries with data for 2024, putting it in the bottom quarter.

The long-run direction has been consistently falling across the 17 years of available data.

Liquid assets to short term liabilities (%) in South Africa, year by year

Annual values for Liquid assets to short term liabilities (%) in South Africa, 2008 to 2024.
Year % Change
2008 45.4% —
2009 45.3% -0.3%
2010 42.9% -5.3%
2011 41.0% -4.4%
2012 40.7% -0.8%
2013 40.8% +0.3%
2014 39.8% -2.4%
2015 42.3% +6.4%
2016 38.1% -10.0%
2017 36.2% -5.0%
2018 36.7% +1.5%
2019 37.1% +1.0%
2020 35.2% -5.0%
2021 34.6% -1.7%
2022 38.1% +9.9%
2023 34.2% -10.2%
2024 34.0% -0.5%

South Africa compared with similar countries

  • South Africa's 34.0% is below the median for upper middle income countries, which is 51.9%, 66% of the median. (46 countries reporting)
  • South Africa's 34.0% is below the median for Sub-Saharan Africa, which is 61.1%, 56% of the median. (28 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 45.3% 45.3% 45.4% 2
2010s 39.6% 36.2% 42.9% 10
2020s 35.2% 34.0% 38.1% 5

Countries ranked near South Africa

  1. 114 Ecuador 35.7% compare
  2. 115 Thailand 35.3% compare
  3. 116 Israel 34.9% compare
  4. 118 Slovenia 33.1% compare
  5. 119 Lesotho 33.1% compare
  6. 120 Kosovo 32.7% compare

See the full ranking of 149 places →

More development goals data for South Africa

All data for South Africa →

Frequently asked questions

What is liquid assets to short term liabilities in South Africa?
Liquid assets to short term liabilities in South Africa was 34.0% in 2024, according to United Nations Statistics Division, SDG Global Database.
What is the highest liquid assets to short term liabilities recorded in South Africa?
The highest recorded value was 45.4% in 2008.
What is the lowest liquid assets to short term liabilities recorded in South Africa?
The lowest recorded value was 34.0% in 2024.
How does South Africa rank for liquid assets to short term liabilities?
South Africa ranks 117th out of 146 countries with data for 2024.
Is liquid assets to short term liabilities rising or falling in South Africa?
Over the last ten years it is down 14.5%. The long-run trend across the full record is falling.
Where does this South Africa data come from?
The figures come from United Nations Statistics Division, SDG Global Database, published as part of Liquid assets to short term liabilities (%). Statizoid updates them automatically from the source API.

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Liquid assets to short term liabilities in South Africa. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 07 November 2026, from https://development-goals.statizoid.com/stat/liquid-assets-to-short-term-liabilities-percent/south-africa/

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About this data

Indicator
Liquid assets to short term liabilities (%)
Unit
%
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
149 places, 2,229 data points, 2000–2025
Last refreshed