Current Account to GDP in South Africa increased to 2.20 percent in 2020 from -3 percent in 2019. source: South African Reserve Bank
Current Account to GDP in South Africa averaged -1.58 percent from 1963 until 2020, reaching an all time high of 6 percent in 1987 and a record low of -7.50 percent in 1971. This page provides - South Africa Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Africa Current Account to GDP - values, historical data and charts - was last updated on August of 2022.
Current Account to GDP in South Africa is expected to reach 3.00 percent of GDP by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Africa Current Account to GDP is projected to trend around 1.60 percent of GDP in 2023 and 0.80 percent of GDP in 2024, according to our econometric models.