South Africa - Current account balance

15.4 (billion US dollars) in 2021

In 2021, current account balance for South Africa was 15.4 billion US dollars. Current account balance of South Africa increased from 1 billion US dollars in 2002 to 15.4 billion US dollars in 2021 growing at an average annual rate of 12.08%.

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What is current account balance?

Current account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income.

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What is South Africa current account balance?