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 ($9,478,627,000) as of 2016. Over the past 56 years, the value for this indicator has fluctuated between $5,104,705,000 in 1987 and ($21,638,460,000) in 2013.

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
1960 $48,999,980
1961 $270,199,900
1962 $429,799,800
1963 $194,599,900
1964 ($160,999,900)
1965 ($516,599,800)
1966 ($146,999,900)
1967 ($375,199,800)
1968 ($19,599,990)
1969 ($480,199,800)
1970 ($1,289,399,000)
1971 ($1,488,133,000)
1972 ($192,052,000)
1973 ($258,394,900)
1974 ($1,437,709,000)
1975 ($2,397,131,000)
1976 ($1,912,450,000)
1977 $239,200,000
1978 $1,099,400,000
1979 $2,965,046,000
1980 $3,161,391,000
1981 ($4,978,365,000)
1982 ($3,525,807,000)
1983 ($323,224,000)
1984 ($1,951,776,000)
1985 $2,261,356,000
1986 $2,765,954,000
1987 $5,104,705,000
1988 $2,533,619,000
1989 $1,497,993,000
1990 $1,551,571,000
1991 $1,399,120,000
1992 $1,980,167,000
1993 $2,803,149,000
1994 $29,620,520
1995 ($2,493,248,000)
1996 ($1,678,190,000)
1997 ($2,227,357,000)
1998 ($2,199,126,000)
1999 ($675,246,600)
2000 ($190,556,600)
2001 $342,639,100
2002 $1,009,384,000
2003 ($1,541,575,000)
2004 ($6,413,747,000)
2005 ($8,015,418,000)
2006 ($12,075,590,000)
2007 ($16,171,240,000)
2008 ($16,410,850,000)
2009 ($7,906,819,000)
2010 ($5,492,240,000)
2011 ($9,318,830,000)
2012 ($20,314,940,000)
2013 ($21,638,460,000)
2014 ($18,682,650,000)
2015 ($13,910,960,000)
2016 ($9,478,627,000)

Current account balance (% of GDP)

Current account balance (% of GDP) in South Africa was -3.21 as of 2016. Its highest value over the past 56 years was 5.14 in 1979, while its lowest value was -7.32 in 1971.

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
1960 0.65
1961 3.39
1962 5.06
1963 2.07
1964 -1.55
1965 -4.56
1966 -1.19
1967 -2.72
1968 -0.13
1969 -2.86
1970 -7.00
1971 -7.32
1972 -0.90
1973 -0.88
1974 -3.91
1975 -6.29
1976 -5.23
1977 0.59
1978 2.35
1979 5.14
1980 3.81
1981 -5.55
1982 -4.26
1983 -0.36
1984 -2.22
1985 3.27
1986 3.37
1987 4.75
1988 2.14
1989 1.16
1990 1.34
1991 1.13
1992 1.47
1993 2.09
1994 0.02
1995 -1.60
1996 -1.14
1997 -1.46
1998 -1.60
1999 -0.49
2000 -0.14
2001 0.28
2002 0.87
2003 -0.88
2004 -2.80
2005 -3.11
2006 -4.44
2007 -5.41
2008 -5.72
2009 -2.66
2010 -1.46
2011 -2.24
2012 -5.13
2013 -5.90
2014 -5.32
2015 -4.38
2016 -3.21

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments