South Africa Current Account  Forecast


South Africa Current Account
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Current Account in South Africa is expected to be -89000.00 ZAR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in South Africa to stand at -94391.71 in 12 months time. In the long-term, the South Africa Current Account is projected to trend around -159000.00 ZAR Million in 2020, according to our econometric models.


South Africa Trade Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Balance of Trade 4560 -6639 2117 1442 984 -1700
Exports 104508 90804 103659 103600 103462 99742
Imports 99946 97443 98635 98435 98205 101442
Current Account -108888 -89000 -99000 -102000 -94392 -159000
Current Account to GDP -3.3 -3.2 -3.4 -3.4 -1.86 -3.1
External Debt 158533 153000 164327 164748 164835 166000
Tourist Arrivals 1300502 1340509 1291200 1286100 1281400 1518528
Gold Reserves 125 127 128 128 129 131
Terrorism Index 4.09 2.42 2.18 1.93 1.69 1.99
Weapons Sales 59 60.74 57.49 57.79 58.09 58.4
Crude Oil Production 2 2 2 2 3 5
Foreign Direct Investment 1830 1801 1798 1796 1793 1770