Current account balance excluding net official capital grants in South Africa
South Africa: Current account balance excluding net official capital grants was -3.4% in 2011. ▲ Rising
Current account balance excluding net official capital grants in South Africa, 2005–2011
Source: World Bank country economists. Measured in % of GDP.
Analysis
The most recent figure for current account balance excluding net official capital grants in South Africa is -3.4%, measured in 2011.
That represents a change of down 20.4% on the previous year and up 2.8% over ten years.
That places South Africa 14th out of 41 countries with data for 2011, putting it in the middle of the range.
Current account balance excluding net official capital grants in South Africa, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2005 | -3.4% | — |
| 2006 | -5.3% | +52.7% |
| 2007 | -7.0% | +32.8% |
| 2008 | -7.3% | +4.8% |
| 2009 | -4.0% | -45.4% |
| 2010 | -2.8% | -30.5% |
| 2011 | -3.4% | +20.4% |
South Africa compared with similar countries
- South Africa's -3.4% is below the median for upper middle income countries, which is -1.5%, 2.2× the median. (6 countries reporting)
- South Africa's -3.4% is above the median for Sub-Saharan Africa, which is -8.9%, 38% of the median. (35 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -5.4% | -7.3% | -3.4% | 5 |
| 2010s | -3.1% | -3.4% | -2.8% | 2 |
Countries ranked near South Africa
More trade data for South Africa
- Commodity Net Export Price Index, Individual Commodities Weighted by 109.35 (2025)
- Commodity Net Export Price Index, Individual Commodities Weighted by 100.81 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 99.79 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 95.89 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 98.98 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 77.42 (2025)
- Imports of low carbon technology products, Percent of GDP 1.03 (2024)
- Imports of low carbon technology products, US dollar (World), per 64.23 units per person (2024)
- Imports of low carbon technology products, US dollar (World), per 0.0102 units per US$ of GDP (2024)
- Exports of low carbon technology products, US dollar (World), gaps 1.75 billion (2024)
Frequently asked questions
- What is current account balance excluding net official capital grants in South Africa?
- Current account balance excluding net official capital grants in South Africa was -3.4% in 2011, according to World Bank country economists.
- What is the highest current account balance excluding net official capital grants recorded in South Africa?
- The highest recorded value was -2.8% in 2010.
- What is the lowest current account balance excluding net official capital grants recorded in South Africa?
- The lowest recorded value was -7.3% in 2008.
- How does South Africa rank for current account balance excluding net official capital grants?
- South Africa ranks 14th out of 41 countries with data for 2011.
- Is current account balance excluding net official capital grants rising or falling in South Africa?
- Over the last ten years it is up 2.8%. The long-run trend across the full record is rising.
- Where does this South Africa data come from?
- The figures come from World Bank country economists, published as part of Current account balance excluding net official capital grants (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Current account balance is the sum of net exports of goods, services, net income, and net current transfers. This is divided by GDP at market prices, with both series expressed in current U.S. dollars.