South Africa - External balance on goods and services (% of GDP)
External balance on goods and services (% of GDP) in South Africa was 4.43 as of 2020. Its highest value over the past 60 years was 9.60 in 1987, while its lowest value was -4.08 in 1971.
Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services).
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1960 | 4.99 |
| 1961 | 8.02 |
| 1962 | 8.75 |
| 1963 | 5.42 |
| 1964 | 1.92 |
| 1965 | -1.07 |
| 1966 | 2.14 |
| 1967 | 0.35 |
| 1968 | 3.02 |
| 1969 | 0.53 |
| 1970 | -3.44 |
| 1971 | -4.08 |
| 1972 | 2.46 |
| 1973 | 2.52 |
| 1974 | -0.55 |
| 1975 | -2.39 |
| 1976 | -1.18 |
| 1977 | 4.86 |
| 1978 | 6.51 |
| 1979 | 9.16 |
| 1980 | 7.80 |
| 1981 | -1.95 |
| 1982 | -0.40 |
| 1983 | 3.61 |
| 1984 | 1.76 |
| 1985 | 8.57 |
| 1986 | 8.52 |
| 1987 | 9.60 |
| 1988 | 6.29 |
| 1989 | 5.14 |
| 1990 | 5.31 |
| 1991 | 4.15 |
| 1992 | 3.92 |
| 1993 | 4.13 |
| 1994 | 1.98 |
| 1995 | 0.60 |
| 1996 | 1.35 |
| 1997 | 1.02 |
| 1998 | 1.00 |
| 1999 | 2.28 |
| 2000 | 2.59 |
| 2001 | 3.54 |
| 2002 | 3.40 |
| 2003 | 2.11 |
| 2004 | -0.13 |
| 2005 | -0.23 |
| 2006 | -1.57 |
| 2007 | -1.21 |
| 2008 | -1.47 |
| 2009 | 0.38 |
| 2010 | 1.16 |
| 2011 | 0.76 |
| 2012 | -1.30 |
| 2013 | -2.12 |
| 2014 | -1.50 |
| 2015 | -1.30 |
| 2016 | 0.45 |
| 2017 | 1.14 |
| 2018 | 0.47 |
| 2019 | 0.53 |
| 2020 | 4.43 |
Aggregation method: Weighted average
Periodicity: Annual
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
