South Africa - Current account balance (% of GDP)
Current account balance (% of GDP) in South Africa was 2.03 as of 2020. Its highest value over the past 60 years was 5.76 in 1987, 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 | -5.22 |
| 1977 | 0.59 |
| 1978 | 2.35 |
| 1979 | 5.14 |
| 1980 | 3.81 |
| 1981 | -5.83 |
| 1982 | -4.50 |
| 1983 | -0.37 |
| 1984 | -2.52 |
| 1985 | 3.83 |
| 1986 | 4.10 |
| 1987 | 5.76 |
| 1988 | 2.66 |
| 1989 | 1.51 |
| 1990 | 1.34 |
| 1991 | 1.13 |
| 1992 | 1.47 |
| 1993 | 1.90 |
| 1994 | 0.02 |
| 1995 | -1.45 |
| 1996 | -1.03 |
| 1997 | -1.32 |
| 1998 | -1.44 |
| 1999 | -0.45 |
| 2000 | -0.13 |
| 2001 | 0.25 |
| 2002 | 0.78 |
| 2003 | -0.78 |
| 2004 | -2.51 |
| 2005 | -2.77 |
| 2006 | -4.00 |
| 2007 | -4.86 |
| 2008 | -5.19 |
| 2009 | -2.38 |
| 2010 | -1.30 |
| 2011 | -2.02 |
| 2012 | -4.68 |
| 2013 | -5.34 |
| 2014 | -4.81 |
| 2015 | -4.31 |
| 2016 | -2.63 |
| 2017 | -2.37 |
| 2018 | -3.04 |
| 2019 | -2.59 |
| 2020 | 2.03 |
Periodicity: Annual
General Comments: Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: Balance of payments
