South Africa Current Account to GDP 1963-2014 | Data | Chart | Calendar

South Africa recorded a Current Account deficit of 5.80 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in South Africa averaged -1.41 Percent from 1963 until 2013, 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


Actual Previous Highest Lowest Dates Unit Frequency
-5.80 -5.20 6.00 -7.50 1963 - 2013 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. Content for - South Africa Current Account to GDP - was last refreshed on Tuesday, October 21, 2014.

South Africa Trade Last Previous Highest Lowest Unit
Balance of Trade -16295.16 -6824.41 10327.90 -24487.20 ZAR Million [+]
Exports 77235.50 85424.71 86499.96 55.80 ZAR Million [+]
Imports 93530.65 92249.11 94716.44 66.10 ZAR Million [+]
Current Account -222000.00 -160970.00 14045.00 -222000.00 ZAR Million [+]
Current Account to GDP -5.80 -5.20 6.00 -7.50 Percent [+]
External Debt 141837.00 138476.00 141837.00 33262.00 USD Million [+]
Tourist Arrivals 1277825.00 1203851.00 1536881.00 37430.00 [+]
Gold Reserves 125.13 125.13 183.51 123.48 Tonnes [+]