South Africa Current Account  1960-2017 | Data | Chart | Calendar

South Africa's current account deficit narrowed to ZAR 108.9 billion in the third quarter of 2017 from a revised ZAR 110.7 billion in the previous period. The services deficit fell to ZAR 1.5 billion from ZAR 7.2 billion in the first quarter and the current transfers gap shrank to ZAR 40.7 billion from ZAR 43.8 billion. In addition, the trade balance posted a surplus of ZAR 9.1 billion, compared with a ZAR 10.1 billion deficit in the previous period; and net exports of gold were recorded at ZAR 61.9 billion, compared with ZAR 74.5 billion. Meanwhile, the income deficit widened sharply to ZAR 137.7 billion from ZAR 124.1 billion in the first quarter. Considering the first three quarters of the year, the current account gap fell to ZAR 311.1 billion from ZAR 489.9 in the same period of 2016. Current Account in South Africa averaged -27197.11 ZAR Million from 1960 until 2017, reaching an all time high of 15627 ZAR Million in the fourth quarter of 2002 and a record low of -241786 ZAR Million in the third quarter of 2013.

South Africa Current Account
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Calendar GMT Actual Previous Consensus TEForecast
2017-06-20 08:00 AM Current Account ZAR-92B ZAR-76B ZAR -85B ZAR -90B
2017-09-14 08:00 AM Current Account ZAR-110.5B ZAR-91B ZAR-87.3B ZAR -95B
2017-12-14 08:00 AM Current Account ZAR -109.0B ZAR -111.0B ZAR -92B ZAR -88.1B
2018-03-20 08:00 AM Current Account ZAR -109.0B
2018-06-21 08:00 AM Current Account
2018-09-13 08:00 AM Current Account


South Africa Trade Last Previous Highest Lowest Unit
Balance of Trade 4560.00 4482.80 18730.94 -23426.17 ZAR Million [+]
Exports 104507.80 102219.90 105163.26 55.80 ZAR Million [+]
Imports 99946.30 97737.10 110258.82 66.10 ZAR Million [+]
Current Account -108888.00 -110722.00 15627.00 -241786.00 ZAR Million [+]
Current Account to GDP -3.30 -4.40 6.00 -7.50 percent [+]
External Debt 158533.00 152128.00 158533.00 33262.00 USD Million [+]
Tourist Arrivals 1300502.00 1302312.00 1559295.00 37430.00 [+]
Gold Reserves 125.25 125.25 183.51 123.48 Tonnes [+]
Terrorism Index 4.09 3.53 4.23 0.22 [+]
Weapons Sales 59.00 61.00 235.00 1.00 USD Million [+]
Crude Oil Production 2.00 2.00 58.00 2.00 BBL/D/1K [+]
Foreign Direct Investment 1830.00 1842.00 2101.00 0.00 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 December of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-108888.00 -110722.00 15627.00 -241786.00 1960 - 2017 ZAR Million Quarterly
SA




current account by Country
Country Last
Australia -9125.00 Sep/17
Brazil -343.00 Oct/17
Canada -19346.00 Sep/17
China 371.00 Sep/17
Euro Area 41.81 Sep/17
France -2227.00 Oct/17
Germany 18100.00 Oct/17
India -7200.00 Sep/17
Indonesia -4336.80 Sep/17
Italy 4307.00 Sep/17
Japan 2176.40 Oct/17
Mexico -5527.90 Sep/17
Netherlands 15416.30 Jun/17
Russia 1200.00 Sep/17
South Korea 5720.00 Oct/17
Spain 2359.00 Sep/17
Switzerland 18748.00 Jun/17
Turkey -3827.00 Oct/17
United Kingdom -23182.00 Jun/17
United States -123137.00 Jun/17