27, Nov 2020, EST.

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Country or Region: South Africa › Change country
Economic Indicator: Current Account Balance (US Dollars) › See all South Africa indicators, › See Current Account Balance (US Dollars) 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. Source: Central Bank Latest actual data: 2014 BOP Manual used: Balance of Payments and International Investment Position Manual, sixth edition (BPM6) Primary domestic currency: South African rand Data last updated: 03/2016

Current Account Balance (US Dollars) for South Africa in year 2015 is US$ -13.671 Billion. 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. 173 in world rankings according to Current Account Balance (US Dollars) in year 2015. The world's average Current Account Balance (US Dollars) value is US$ 7.04 Billion; South Africa is US$ 20.71 less than the average.

In the previous year, 2014, Current Account Balance (US Dollars) for South Africa was US$ -19.06 Billion Current Account Balance (US Dollars) for South Africa in 2015 was or will be 28.26% less than it was or will be in 2014.

In the following or forecasted year, 2016, Current Account Balance (US Dollars) for South Africa was or will be US$-11.63 Billion, which is 14.96% less than the 2015 figure.