Current account balance (World Bank) — all countries

Current account balance (World Bank) — Southern Africa

Current account balance (World Bank) in Southern Africa in 2024 — -1.15%. Since 1975, the indicator has risen by 4.3 pp.

2024 -1.15% +0.25 pp vs 2023
World rank
Period maximum 6.08%1987
Period minimum -5.63%1981

Trend over time

1975–2024 · % of GDP

Current account balance (World Bank) — Southern Africa, 1975–2024-10-50510197519801985199019952000200520102015202020241975: -5.45%1976: -4.62%1977: 0.46%1978: 1.75%1979: 4.33%1980: 3.21%1981: -5.63%1982: -4.16%1983: -0.35%1984: -2.22%1985: 3.7%1986: 4%1987: 6.08%1988: 2.72%1989: 1.9%1990: 1.27%1991: 1.2%1992: 1.29%1993: 2.02%1994: 0.19%1995: -1.2%1996: -0.76%1997: -0.91%1998: -1.32%1999: -0.2%2000: 0.26%2001: 0.67%2002: 1.04%2003: -0.23%2004: -2.01%2005: -1.96%2006: -2.79%2007: -3.79%2008: -4.76%2009: -2.62%2010: -1.62%2011: -2.2%2012: -4.8%2013: -4.96%2014: -4.21%2015: -4.18%2016: -2.54%2017: -2.08%2018: -2.86%2019: -2.72%2020: 1.59%2021: 3.08%2022: -0.74%2023: -1.39%2024: -1.15%
Change over the period: +4.3 pp Annual average: 0.09 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Southern Africa

Southern Africa -1.15%
World computed 0.39%
Current account balance (World Bank) — Southern Africa, by year Southern Africa All countries CSV XLSX
Year % Change, pp
2024 -1.15 +0.25 pp
2023 -1.39 −0.65 pp
2022 -0.74 −3.82 pp
2021 3.08 +1.49 pp
2020 1.59 +4.31 pp
2019 -2.72 +0.14 pp
2018 -2.86 −0.78 pp
2017 -2.08 +0.46 pp
2016 -2.54 +1.65 pp
2015 -4.18 +0.03 pp
2014 -4.21 +0.75 pp
2013 -4.96 −0.15 pp
2012 -4.8 −2.61 pp
2011 -2.2 −0.58 pp
2010 -1.62 +1.01 pp
2009 -2.62 +2.14 pp
2008 -4.76 −0.97 pp
2007 -3.79 −1 pp
2006 -2.79 −0.82 pp
2005 -1.96 +0.05 pp
2004 -2.01 −1.79 pp
2003 -0.23 −1.27 pp
2002 1.04 +0.37 pp
2001 0.67 +0.41 pp
2000 0.26 +0.45 pp
1999 -0.2 +1.12 pp
1998 -1.32 −0.41 pp
1997 -0.91 −0.15 pp
1996 -0.76 +0.44 pp
1995 -1.2 −1.39 pp
1994 0.19 −1.83 pp
1993 2.02 +0.73 pp
1992 1.29 +0.09 pp
1991 1.2 −0.07 pp
1990 1.27 −0.63 pp
1989 1.9 −0.82 pp
1988 2.72 −3.36 pp
1987 6.08 +2.08 pp
1986 4 +0.31 pp
1985 3.7 +5.91 pp
1984 -2.22 −1.87 pp
1983 -0.35 +3.81 pp
1982 -4.16 +1.47 pp
1981 -5.63 −8.84 pp
1980 3.21 −1.12 pp
1979 4.33 +2.59 pp
1978 1.75 +1.28 pp
1977 0.46 +5.08 pp
1976 -4.62 +0.83 pp
1975 -5.45

About the indicator

The current account balance of the balance of payments as a percent of GDP from World Bank data. It duplicates the IMF indicator in meaning but rests on a different source and carries no forecast part — useful for cross-checking: noticeable divergences between the two series usually point to a revision of the statistics.

Source: World Development Indicators (World Bank), license CC BY 4.0.