South Africa Current Account Balance (% GDP) Statistics

25, Aug 2019, EDT.

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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: 2015 › Change year
Full Dataset: from 1980 to 2019
Dataset updated: 17th March 2015
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 2015 - In Detail

Current Account Balance (% GDP) for South Africa in year 2015 is -4.368 %. 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.

This makes South Africa No. 101 in world rankings according to Current Account Balance (% GDP) in year 2015. The world's average Current Account Balance (% GDP) value is -4.12 %; South Africa is 0.25 less than the average.

In the previous year, 2014, Current Account Balance (% GDP) for South Africa was -5.44 % Current Account Balance (% GDP) for South Africa in 2015 was or will be 19.74% less than it was or will be in 2014.

In the following or forecasted year, 2016, Current Account Balance (% GDP) for South Africa was or will be -4.37 %, which is 0.02% less than the 2015 figure.

* Source: IMF
Current Account Balance (% GDP) for South Africa, in other Years
Year %
  2021 -4.038
  2020 -4.145
  2019 -4.224
  2018 -4.891
  2017 -4.863
  2016 -4.367
2015 -4.368
  2014 -5.442
  2013 -5.766
  2012 -4.956
  2011 -2.158
  2010 -1.501
  2009 -2.728
  2008 -5.537
  2007 -5.383
  2006 -4.477
  2005 -3.129
  2004 -2.766
  2003 -0.826
  2002 0.902
  2001 0.274
  2000 -0.126
  1999 -0.498
  1998 -1.72
  1997 -1.455
  1996 -1.121
  1995 -1.604
  1994 0.011
  1993 2.068
  1992 1.459
  1991 1.142
  1990 1.337
  1989 1.529
  1988 2.696
  1987 5.764
  1986 4.107
  1985 3.927
  1984 -2.422
  1983 -0.462
  1982 -4.364
  1981 -6.018
  1980 3.961