South Africa current account


South Africa current account: -64646 (-39.55%)
Last Update: June 30, 2024

South Africa current account closed down -64646 as of June 30, 2024 from -106949 from the previous month and 295546 from last year.


South Africa current account Analytics & Data




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South Africa current account

Date Values
2024-06-30 -64646
2024-03-31 -106949
2023-12-31 -162934
2023-09-30 -29453
2023-06-30 -185158
2023-03-31 -63697
2022-12-31 -155292
2022-09-30 -12899
2022-06-30 -115101
2022-03-31 158878
2021-12-31 132056
2021-09-30 214367
2021-06-30 295546
2021-03-31 272585
2020-12-31 186244
2020-09-30 287777
2020-06-30 -103587
2020-03-31 63440
2019-12-31 -68069
2019-09-30 -188132
2019-06-30 -206820
2019-03-31 -149684
2018-12-31 -110158
2018-09-30 -180404

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South Africa current account Statistics


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
current account za.currentaccount -64646.0 -106949 -40 -122 Down Down 20 2024-06-30

South Africa current account Quantitative Analysis, Charts & Factors

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South Africa current account Historical Data

The MacroVar database offers free access to historical data for the South Africa current account, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of South Africa current account data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the South Africa current account

The current account of South Africa refers to the balance of trade in goods and services, as well as income and transfer payments, between the country and the rest of the world. It is an important indicator of the country's economic health and its position in the global economy. A positive current account balance indicates that the country is exporting more than it is importing, while a negative balance indicates the opposite. South Africa has traditionally had a negative current account balance, primarily due to its reliance on imports for goods and services. However, the country has also been able to attract foreign investment, which helps to offset some of the deficit. Overall, the current account of South Africa is closely monitored by economists and policymakers to assess the country's economic stability and its ability to attract foreign investment.

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