Current account balance — all countries

Current account balance — South Africa

Current account balance in South Africa in 2031 — -1.8%. Ranked 93 in the world out of 188. Since 1980, the indicator has fallen by 5.5 pp.

2031 -1.8% +0 pp vs 2030
World rank 93of 188
Period maximum 5.3%1987
Period minimum -5.5%1981

Trend over time

1980–2031 · % of GDP

Current account balance — South Africa, 1980–2031-10-5051019801986199219982004201020162022202820311980: 3.7%1981: -5.5%1982: -4%1983: -0.4%1984: -2.2%1985: 3.6%1986: 3.8%1987: 5.3%1988: 2.5%1989: 1.4%1990: 1.2%1991: 1%1992: 1.3%1993: 1.9%1994: 0%1995: -1.5%1996: -1%1997: -1.3%1998: -1.5%1999: -0.4%2000: -0.1%2001: 0.2%2002: 0.8%2003: -0.7%2004: -2.5%2005: -2.8%2006: -4%2007: -4.8%2008: -5%2009: -2.4%2010: -1.3%2011: -2%2012: -4.7%2013: -5.3%2014: -4.8%2015: -4.3%2016: -2.7%2017: -2.4%2018: -2.9%2019: -2.6%2020: 2%2021: 3.7%2022: -0.3%2023: -1.1%2024: -0.7%2025: -0.5%2026: -0.9%2027: -1.4%2028: -1.6%2029: -1.7%2030: -1.8%2031: -1.8%
Change over the period: −5.5 pp Annual average: -0.11 pp

Comparison, 2031

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

South Africa -1.8%
World computed 0.28%
Sub-Saharan Africa computed -1.15%
Southern Africa computed -2.15%
Current account balance — South Africa, by year South Africa All countries CSV XLSX
Year % Change, pp
2031 -1.8 +0 pp
2030 -1.8 −0.1 pp
2029 -1.7 −0.1 pp
2028 -1.6 −0.2 pp
2027 -1.4 −0.5 pp
2026 -0.9 −0.4 pp
2025 -0.5 +0.2 pp
2024 -0.7 +0.4 pp
2023 -1.1 −0.8 pp
2022 -0.3 −4 pp
2021 3.7 +1.7 pp
2020 2 +4.6 pp
2019 -2.6 +0.3 pp
2018 -2.9 −0.5 pp
2017 -2.4 +0.3 pp
2016 -2.7 +1.6 pp
2015 -4.3 +0.5 pp
2014 -4.8 +0.5 pp
2013 -5.3 −0.6 pp
2012 -4.7 −2.7 pp
2011 -2 −0.7 pp
2010 -1.3 +1.1 pp
2009 -2.4 +2.6 pp
2008 -5 −0.2 pp
2007 -4.8 −0.8 pp
2006 -4 −1.2 pp
2005 -2.8 −0.3 pp
2004 -2.5 −1.8 pp
2003 -0.7 −1.5 pp
2002 0.8 +0.6 pp
2001 0.2 +0.3 pp
2000 -0.1 +0.3 pp
1999 -0.4 +1.1 pp
1998 -1.5 −0.2 pp
1997 -1.3 −0.3 pp
1996 -1 +0.5 pp
1995 -1.5 −1.5 pp
1994 0 −1.9 pp
1993 1.9 +0.6 pp
1992 1.3 +0.3 pp
1991 1 −0.2 pp
1990 1.2 −0.2 pp
1989 1.4 −1.1 pp
1988 2.5 −2.8 pp
1987 5.3 +1.5 pp
1986 3.8 +0.2 pp
1985 3.6 +5.8 pp
1984 -2.2 −1.8 pp
1983 -0.4 +3.6 pp
1982 -4 +1.5 pp
1981 -5.5 −9.2 pp
1980 3.7

Southern Africa, 2031

The same indicator for neighboring countries — with links to their pages

About the indicator

The current account balance of the balance of payments as a percent of GDP: trade in goods and services, primary income (interest, dividends, compensation of employees) and secondary income (transfers). A surplus means a country earns more abroad than it spends and is building up external assets; a persistent deficit has to be financed by an inflow of capital.

Source: World Economic Outlook (IMF), license IMF open data.