South Africa Current Account  1960-2018 | Data | Chart | Calendar

South Africa’s current account deficit narrowed to ZAR 163.8 billion in the second quarter of 2018 from an downwardly revised ZAR 219.4 billion in the previous period and compared to a market consensus of ZAR 166.5 billion deficit. The trade balance shifted to ZAR 41.9 billion surplus from ZAR 15.2 billion deficit, as exports rose 5.7 percent to ZAR 1192 billion while imports advanced 0.7 percent to ZAR 1151 billion. On the other hand, the shortfall on the services, income and current transfer account went up to ZAR 205.7 billion compared to ZAR 204.2 billion in the first quarter, mainly driven by a larger primary income deficit and service deficit. Current Account in South Africa averaged -28621.29 ZAR Million from 1960 until 2018, reaching an all time high of 15627 ZAR Million in the fourth quarter of 2002 and a record low of -246452 ZAR Million in the third quarter of 2013.

South Africa Current Account
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Calendar GMT Actual Previous Consensus TEForecast
2018-03-20 08:00 AM Current Account ZAR-137B ZAR-99B ZAR-100.5B ZAR -90.0B
2018-06-21 08:00 AM Current Account ZAR-229B ZAR-137B ZAR-177B ZAR -99.0B
2018-09-06 09:00 AM Current Account ZAR-163.8B ZAR-219.4B ZAR-166.5B ZAR -122.3B
2018-12-11 08:00 AM Current Account ZAR-163.8B ZAR -180B


South Africa Trade Last Previous Highest Lowest Unit
Balance of Trade -4657.00 11885.00 18730.94 -27100.00 ZAR Million [+]
Exports 107066.00 110031.00 116185.90 55.80 ZAR Million [+]
Imports 111723.00 98146.00 111723.00 66.10 ZAR Million [+]
Current Account -163760.00 -219401.00 15627.00 -246452.00 ZAR Million [+]
Current Account to GDP -2.50 -2.80 6.00 -7.50 percent [+]
External Debt 183239.00 173319.00 183239.00 33262.00 USD Million [+]
Tourist Arrivals 1160094.00 1196107.00 1598893.00 37430.00 [+]
Gold Reserves 125.30 125.30 183.51 123.48 Tonnes [+]
Terrorism Index 4.09 3.53 4.23 0.22 [+]
Weapons Sales 74.00 65.00 235.00 1.00 USD Million [+]
Crude Oil Production 2.00 2.00 58.00 2.00 BBL/D/1K [+]
Foreign Direct Investment 1961.00 1850.00 2101.00 1.00 ZAR Billion [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



South Africa Current Account

Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides the latest reported value for - South Africa Current Account - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. South Africa Current Account - actual data, historical chart and calendar of releases - was last updated on September of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-163760.00 -219401.00 15627.00 -246452.00 1960 - 2018 ZAR Million Quarterly
SA




current account by Country
Country Last
Argentina -9623.00 Mar/18
Australia -13472.00 Jun/18
Brazil -4433.00 Jul/18
Canada -15880.00 Jun/18
China 58.00 Jun/18
Euro Area 31.93 Jul/18
France 542.00 Jul/18
Germany 15300.00 Jul/18
India -15807.13 Jun/18
Indonesia -8028.00 Jun/18
Italy 8607.00 Jul/18
Japan 2010.00 Jul/18
Mexico -3882.10 Jun/18
Netherlands 21821.00 Mar/18
Russia 22300.00 Jun/18
Saudi Arabia 11065.00 Mar/18
Singapore 22832.40 Jun/18
South Africa -163760.00 Jun/18
South Korea 8757.80 Jul/18
Spain 490.00 Jun/18
Switzerland 18134.28 Mar/18
Turkey -1750.00 Jul/18
United Kingdom -17720.00 Mar/18
United States -101460.00 Jun/18


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