South Africa: Current Account, quarterly
* indicates monthly or quarterly data series
The most recent value is -1.02 percent as of September 2024, an increase compared to the previous value of -1.24 percent. Historically, the average for South Africa from March 1960 to September 2024 is -1.04 percent. The minimum of -10.6 percent was recorded in March 1971, while the maximum of 11.21 percent was reached in March 1980.
Click on the following link to see the values of: Current Account, quarterly around the world.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: OECD
| Recent values | South Africa: Current account, quarterly |
|---|---|
| 2024 Sep | -1.02 |
| 2024 Jun | -1.24 |
| 2024 Mar | -1.87 |
| 2023 Dec | -1.55 |
| 2023 Sep | -0.43 |
| 2023 Jun | -2.12 |
| 2023 Mar | -2.43 |
| 2022 Dec | -1.51 |
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Definition: The current account as percent of GDP, seasonally adjusted.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Terms of trade | 128.32 | 2021 | percent |
| Trade openness | 65.18 | 2023 | percent |
| Financial openness | -1.242 | 2021 | index points |
| Exports, percent of GDP | 32.75 | 2023 | percent |
| Exports, billion dollars | 124.70 | 2023 | billion U.S. dollars |
| Growth of exports | 3.53 | 2023 | percent |
| Imports, percent of GDP | 32.70 | 2023 | percent |
| Imports, billion dollars | 123.44 | 2023 | billion U.S. dollars |
| Foreign Direct Investment, percent of GDP | 0.91 | 2023 | percent |
| Foreign Direct Investment, billion dollars | 3.44 | 2023 | billion U.S. dollars |
| Portfolio investment inflows, equities | -4,382.76 | 2023 | million dollars (current) |
| Current account, percent of GDP | -1.60 | 2023 | percent |
| Current account, in dollars | -6.14 | 2023 | billion U.S. dollars |
| Current Account, quarterly | -1.02 | 9/2024 | percent |
| Trade balance, percent of GDP | 0.32 | 2023 | percent |
| Trade balance, in dollars | 1.22 | 2023 | billion U.S. dollars |
| Reserves | 62.49 | 2023 | billion U.S. dollars |
| Remittances, percent of GDP | 0.22 | 2023 | percent |
| Remittances | 844.11 | 2023 | million U.S. dollars |
| Net errors and omissions | 3,127.89 | 2023 | million USD |
| External debt | 43.38 | 2022 | percent |
| Short-term external debt | 25.47 | 2023 | percent |
| Short-term debt to reserves | 67.56 | 2023 | percent |
| Foreign exchange reserves | 1,238.77 | 3/2025 | billion |