June 2015 – Note on the flow of funds in South Africa’s national financial account for the year 2014
C Monyela and S Madonsela
Last Modified Date:
2020-10-01, 09:31 PM
Quarterly Bulletins > Articles and Notes
IntroductionThe movement of funds across the real, financial, fiscal and external accounts of the economy,collectively called the national financial account, is comprehensively captured in the flowof-funds framework in South Africa. This systematic macroeconomic analysis of financialinterlinkages among the major sectors is accomplished by collecting all applicable balance-sheetdata, processing their transaction data, and consolidating and matching them on asector-to-sector basis.This note presents flows among economic sectors in 2014, as influenced by their financingand investment needs against the backdrop of domestic and global economic conditions. Theapplicable quarterly accounts for the 2014 flow of funds are appended to this note and the annualsummary is published on pages S–46 to S–47 of this issue of the Quarterly Bulletin.