South Africa recorded a Current Account deficit of 0.50 percent of the country's Gross Domestic Product in 2025. Current Account to GDP in South Africa averaged -1.31 percent of GDP from 1963 until 2025, reaching an all time high of 6.00 percent of GDP in 1987 and a record low of -7.50 percent of GDP in 1971. source: South African Reserve Bank
Current Account to GDP in South Africa is expected to reach -1.10 percent of GDP by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Africa Current Account to GDP is projected to trend around -1.50 percent of GDP in 2027 and -1.70 percent of GDP in 2028, according to our econometric models.