South Africa Current Account to GDP  1963-2016 | Data | Chart | Calendar

South Africa recorded a Current Account deficit of 5.40 percent of the country's Gross Domestic Product in 2014. Current Account to GDP in South Africa averaged -1.49 percent from 1963 until 2014, reaching an all time high of 6 percent in 1987 and a record low of -7.50 percent in 1971. Current Account to GDP in South Africa is reported by the South Africa Reserve Bank.

South Africa Current Account to GDP
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Actual Previous Highest Lowest Dates Unit Frequency
-5.40 -5.80 6.00 -7.50 1963 - 2014 percent Yearly
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - South Africa Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Africa Current Account to GDP - actual data, historical chart and calendar of releases - was last updated on February of 2016.


South Africa Trade Last Previous Highest Lowest Unit
Balance of Trade 8221.07 682.95 10327.90 -24487.20 ZAR Million [+]
Exports 80549.46 85793.98 94658.43 55.80 ZAR Million [+]
Imports 80549.46 107394.70 110321.85 66.10 ZAR Million [+]
Current Account -165000.00 -124101.00 15627.00 -231981.00 ZAR Million [+]
Current Account to GDP -5.40 -5.80 6.00 -7.50 percent [+]
External Debt 134463.00 141663.00 145082.00 33262.00 USD Million [+]
Tourist Arrivals 1305140.00 1233249.00 1536881.00 37430.00 [+]
Gold Reserves 125.19 125.19 183.51 123.48 Tonnes [+]
Crude Oil Production 3.00 3.00 58.00 2.00 BBL/D/1K [+]
Foreign Direct Investment 1607.00 1619.00 1624.00 1.00 ZAR Billion [+]
Terrorism Index 4.23 3.52 4.23 0.22 [+]




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Sri Lanka -2.70 Dec/14
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Dominican Republic -3.10 Dec/14
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