South Africa current account to gdp

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South Africa current account to gdp: -1.6 (220%)
Last Update: January 31, 2024

South Africa current account to gdp closed down -1.6 as of January 31, 2024 from -0.5 from the previous month and -5.2 from last year.


South Africa current account to gdp Analytics & Data




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South Africa current account to gdp

Date Values
2024-01-31 -1.6
2023-01-31 -0.5
2022-01-31 -0.5
2021-01-31 3.7
2020-01-31 2
2019-01-31 -2.6
2018-01-31 -3.5
2017-01-31 -2.5
2016-01-31 -2.9
2015-01-31 -4.4
2014-01-31 -5.4
2013-01-31 -5.8
2012-01-31 -5.2
2011-01-31 -2.3
2010-01-31 -2
2009-01-31 -4
2008-01-31 -7.2
2007-01-31 -7
2006-01-31 -5.3
2005-01-31 -3.5


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South Africa current account to gdp Statistics


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
current account to gdp za.currentaccountgdp -1.6 -0.5 220 -69 UP UP 0 2024-01-31

South Africa current account to gdp Factors

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What is the South Africa current account to gdp

South Africa Current Account to GDP Analysis

Welcome to our webpage dedicated to the analysis of the South Africa current account to GDP ratio. Here, you will find current and historical data, trends, and signals, along with analytics and charts to help you understand this crucial economic indicator.

What is the South Africa Current Account to GDP Ratio?

The current account to GDP ratio measures the relationship between a country's current account balance and its Gross Domestic Product (GDP). The current account reflects a nation's total transactions with the rest of the world, including trade in goods and services, income (such as interest and dividends), and transfers (such as foreign aid).

A positive current account to GDP ratio indicates that a country is a net lender to the rest of the world, as its exports exceed imports, and income from investments abroad exceeds payments to foreign investors. Conversely, a negative ratio suggests that a country is a net borrower, importing more than it exports and paying more to foreign investors than it receives.

Interpreting the South Africa Current Account to GDP Ratio:

The South Africa current account to GDP ratio provides valuable insights into the country's economic health and its relationship with global trade. A positive ratio signifies that South Africa is exporting more than it is importing, which indicates a favorable position in international trade. This can boost economic growth, increase employment opportunities, and enhance the overall standard of living.

Conversely, a negative ratio suggests that South Africa is a net borrower, importing more goods and services than it exports. This may indicate a trade deficit, which can negatively impact economic growth, increase external debts, and potentially lead to currency depreciation.

Charting and Analytics:

Our webpage provides interactive charts and analytics for the South Africa current account to GDP ratio. These charts present the historical trends and fluctuations in the ratio, enabling users to identify patterns and draw meaningful conclusions.

Users can also access detailed analytics, such as annual averages, growth rates, and percentage contributions to GDP, to further analyze the data. This comprehensive analysis assists in understanding the driving forces behind changes in the current account to GDP ratio.

MacroVar Signals and Trends:

Furthermore, our webpage offers MacroVar signals and trends to help users identify potential turning points and forecast future movements in the South Africa current account to GDP ratio. These insights are based on sophisticated algorithms that analyze historical data and indicator relationships, providing valuable information for decision-making and predicting future economic developments.

Exporting Historical Data:

We believe in empowering our users with the ability to conduct in-depth analysis. Therefore, we offer the option to export historical data free of charge. By downloading the data, you can perform your own calculations, create custom charts and graphs, and integrate it into your preferred analysis software for a more comprehensive understanding of the South Africa current account to GDP ratio.

We hope that our webpage and its range of data, charts, analytics, and signals will assist you in understanding, interpreting, and leveraging the South Africa current account to GDP ratio for your investment decisions and economic analysis. Explore our resources, and feel free to reach out with any questions or feedback.

South Africa Financial Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
FTSE/JSE Top 40 JTOPI 69134.6 0.5 -0.25 -0.28044 57.694 -0.01107 -0.00632 0.05339 0.03345
South Africa ETF EZA 37.84 0 -1 -1.18765 50.766 0.01204 0.02826 0.04675 -0.00395
South African Rand US Dollar (ZAR/USD) ZARUSD 18.4194 -1 -0.25 -0.25065 34.5945 -0.00443 -0.02862 -0.05604 0.06384
South Africa 10-Year Bond Yield ZA.10Y 10.365 -1 -0.25 -0.01899 34.1718 -0.01893 -0.03131 -0.05816 -0.04117
South Africa 5-Year Bond Yield ZA.5Y 8.875 -1 0 0.06589 41.2688 -0.00169 -0.00616 -0.02899 -0.02042
South Africa 2-Year Bond Yield SA.2Y 7.22 0 0 0 0 0 0 0 0
South Africa Yield Curve SA.YC 2.58 0.5 -0.75 -1.24114 59.2958 -0.01338 0.1754 0.22565 -0.34435
South Africa Credit Default Swaps CDS.South-Africa 208 -1 -1 -2.33045 29.8536 0.01217 -0.02804 -0.15102 -0.2
South Africa Macroeconomic Indicators

Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
balance of trade za.balanceoftrade 13142 12578.7 4 933 UP UP 98 2023-10-31
bank lending rate za.banks.lendingrate 11.75 11.75 0 21 UP UP 76 2023-07-31
banks balance sheet za.banks.bs 7630090 7600600 0 3 UP UP 20 2024-02-29
business confidence za.bizconfidence 30 31 -3 -14 Down Down 40 2024-03-31
capacity utilization za.caputilization 78.7 78 1 1 UP UP 77 2023-12-31
car registrations za.carregistrations 26577 28883 -8 -16 Down Down 20 2024-03-31
central bank balance sheet za.cb.assets 1238950 1241050 -0 7 UP UP 37 2024-03-31
composite pmi za.comppmi 48.4 50.8 -5 -2 Down Down 39 2024-02-29
consumer confidence za.consconfidence -15 -17 -12 67 UP Down 86 2024-03-31
consumer price index cpi za.cpi 114.8 113.9 1 6 UP UP 78 2024-02-29
core inflation rate za.coreinflationrate 4.9 5 -2 -6 UP Down 43 2024-03-31
current account za.currentaccount -165528 -34400 381 -156 Down Down 18 2024-06-30
current account to gdp za.currentaccountgdp -1.6 -0.5 220 -69 UP UP 0 2024-01-31
deposit interest rate za.depositrate 6.74 6.43 5 42 UP UP 90 2023-05-31
exports za.exports 181261 173425 5 4 UP UP 28 2023-08-31
external debt za.externaldebt 158081 156096 1 -7 Down Down 11 2023-12-31
fiscal expenditure za.fiscalexp 166347 179204 -7 0 Down UP 24 2024-02-29
foreign direct investment za.fdi 16185 26014 -38 1 Down UP 57 2023-12-31
foreign exchange reserves za.fxreserves 62323 61653 1 1 UP UP 26 2024-03-31
gdp za.gdp 405.87 419.02 -3 8 UP UP 0 2022-12-31
Real GDP za.realgdp 4631220 4626740 0 5 UP UP 44 2023-12-31
gdp growth za.gdpgrowth 0.1 -0.2 -150 -96 Down Down 45 2023-12-31
gdp growth annual za.gdpgrowthan 1.2 -0.7 -271 -134 Down UP 23 2023-12-31
gold reserves za.goldres 125.41 125.41 0 0 UP UP 42 2021-06-30
government budget za.govbudget -4.9 -4.2 17 4 UP Down 0 2023-01-31
Government budget za.govbudgetvalue 20783.8 -54662.4 -138 -131 UP UP 16 2024-04-30
government debt za.govdebt 73810 70437 5 -6 Down Down 9 2023-12-31
government debt to gdp za.govdebtgdp 72.2 72.8 -1 89 UP UP 0 2023-01-31
government revenues za.govrev 187131 116787 60 6 UP UP 47 2024-02-29
housing index za.housingindex 112.4 111.9 0 -78 Down Down 5 2017-03-31
imports za.imports 167982 157981 6 0 UP Down 27 2023-08-31
industrial production za.indproduction 4.1 2.9 41 -175 UP UP 40 2024-02-29
industrial production mom za.indproductionmm -0.3 0.4 -175 -82 Down UP 52 2024-02-29
inflation cpi za.inflationcpi 5.3 5.6 -5 -25 Down Down 27 2024-03-31
interbank rate za.interbankrate 8.41 8.41 0 0 Down Down 48 2023-08-15
interest rate za.interestrate 8.25 8.25 0 50 UP UP 80 2023-07-20
loans to private sector za.loanprivate 4634090 4604050 1 3 UP UP 21 2024-02-29
Manufacturing PMI za.manpmi 49.2 51.7 -5 2 UP UP 57 2024-03-31
money supply m0 za.msm0 376845 397321 -5 4 Down UP 21 2024-02-29
money supply m1 za.msm1 2617880 2622400 -0 4 UP UP 8 2024-02-29
money supply m2 za.msm2 4202480 4196730 0 6 UP UP 35 2024-02-29
money supply m3 za.msm3 5152800 5112490 1 6 UP UP 26 2024-02-29
Producer Price Index za.producerprices 100.6 100.1 0 -20 Down Down 5 2024-02-29
PPI Index za.producerpricesch 4.5 4.7 -4 -63 Down Down 21 2024-02-29
retail sales MoM za.retailsales 0.4 -3.2 -112 -180 UP UP 0 2024-02-29
retail sales za.retailsalesan -0.8 -2 -60 14 UP Down 88 2024-02-29
total vehicle sales za.vehiclesales 44235 44732 -1 19 Down UP 88 2024-04-30
unemployment rate za.unemploymentrate 32.1 31.9 1 -1 Down Down 13 2023-12-31
youth unemployment rate za.ytunemploymentrate 59.4 58 2 -6 Down Down 0 2023-12-31
Lending Rate za.lendingrate 11.75 11.75 0 31 UP UP 83 2023-07-31