South Africa - Current account balance

Current account balance (BoP, current US$)

The latest value for Current account balance (BoP, current US$) in South Africa was ($13,682,660,000.00) as of 2011. Over the past 6 years, the value for this indicator has fluctuated between ($8,518,449,000.00) in 2005 and ($20,083,350,000.00) in 2008.

Definition: Current account balance is the sum of net exports of goods and services, net primary income, and net secondary income. Data are in current U.S. dollars.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.

See also:

Year Value
2005 ($8,518,449,000.00)
2006 ($13,744,820,000.00)
2007 ($20,018,340,000.00)
2008 ($20,083,350,000.00)
2009 ($11,327,020,000.00)
2010 ($10,117,290,000.00)
2011 ($13,682,660,000.00)

Current account balance (% of GDP)

Current account balance (% of GDP) in South Africa was -3.35 as of 2011. Its highest value over the past 6 years was -2.78 in 2010, while its lowest value was -7.33 in 2008.

Definition: Current account balance is the sum of net exports of goods and services, net primary income, and net secondary income.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
2005 -3.45
2006 -5.27
2007 -7.00
2008 -7.33
2009 -4.00
2010 -2.78
2011 -3.35

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments