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South Africa Current Account Balance (% GDP) Statistics

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Country or Region: South Africa › Change country
Economic Indicator: Current Account Balance (% GDP) › See all South Africa indicators, › See Current Account Balance (% GDP) data for all countries
Detailed Analysis for Year: 2010 › Change year
Full Dataset: from 1980 to 2016
Dataset updated: 1st August 2011
Data Source: International Monetary Fund (IMF)
National or Regional Currency: Rand
Currency Symbol: ZAR

Current account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income. See notes for: Gross domestic product, current prices (National currency) Current account balance (U.S. dollars).

Current Account Balance (% GDP) Statistics for South Africa , Year 2010 - In Detail

Current Account Balance (% GDP) for South Africa in year 2010 is -2.832 %

This makes South Africa No. 83 in world rankings according to Current Account Balance (% GDP) in year 2010. The world's average Current Account Balance (% GDP) value is -2.68 %; South Africa is 0.15 less than the average.

In the previous year, 2009, Current Account Balance (% GDP) for South Africa was -4.05 % Current Account Balance (% GDP) for South Africa in 2010 was or will be 30.09% less than it was or will be in 2009.

In the following or forecasted year, 2011, Current Account Balance (% GDP) for South Africa was or will be -4.36 %, which is 54.10% more than the 2010 figure.

* Source: IMF
Current Account Balance (% GDP) for South Africa, in other Years
Year %
  2016 -5.951
  2015 -5.781
  2014 -5.544
  2013 -5.23
  2012 -5.107
  2011 -4.364
2010 -2.832
  2009 -4.051
  2008 -7.118
  2007 -6.971
  2006 -5.307
  2005 -3.469
  2004 -3.035
  2003 -0.99
  2002 0.827
  2001 0.281
  2000 -0.129
  1999 -0.511
  1998 -1.764
  1997 -1.492
  1996 -1.151
  1995 -1.65
  1994 0.012
  1993 2.13
  1992 1.504
  1991 1.178
  1990 1.379
  1989 1.577
  1988 2.783
  1987 5.952
  1986 4.242
  1985 4.053
  1984 -2.499
  1983 -0.477
  1982 -4.506
  1981 -6.212
  1980 4.081