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South Africa: Current account (% of GDP)

Percent of GDP · 1923–2025 · 99 observations · forecasts to 2031 · CA_GDP

2025
−0.423%percent of GDP
Change on 2024
+1.1 pointsfrom −1.52%
Average, 2016–2025
−0.896%10 years
Record high and low
7.91% (1933)low −58.3% (1942)

Current account (% of GDP)

Report error
-60%-50%-40%-30%-20%-10%0%10%19401960198020002020South AfricaSouth Africa
ForecastPercent of GDP

Compare with other countries →Definition of Current account (% of GDP)

Recent values

Percent of GDP

YearValue
2031-1.82Forecast
2030-1.81Forecast
2029-1.75Forecast
2028-1.56Forecast
2027-1.39Forecast
2026-2.05Forecast
2025-0.423
2024-1.52
2023-1.60
2022-0.50
20213.69
20201.97
2019-2.60
2018-2.93
2017-2.37
2016-2.68

Sources

  • Mitchell1923–1950
  • South African Reserve Bank1946–2025
  • OECD Economic Outlook1960–2025
  • OECD Key Economic Indicators1960–2025
  • World Development Indicators1960–2025
  • WDI (archive)1976–1997
  • IMF World Economic Outlook1980–2024
  • IMF International Financial Statistics1993–2025
  • IMF WEO (forecast)2024–2031
  • OECD Economic Outlook (forecast)2025–2027

Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

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