South Africa Current Account Balance (% of GDP) (2024)
South Africa's Current Account Balance (% of GDP): -0.6 % of GDP in 2024, +0.5pp YoY. World Bank (BN.CAB.XOKA.GD.ZS), 1990–2024.
South Africa (2024)
-0.6
% of GDP
+0.5pp YoY
YoY Change
+0.5pp
percentage points
Trend
up
Series length
35
years of data
Data
| Year | % of GDP | YoY Change |
|---|---|---|
| 2024 | -0.6 | +0.5pp |
| 2023 | -1.1 | -0.8pp |
| 2022 | -0.3 | -4.1pp |
| 2021 | 3.8 | +1.8pp |
| 2020 | 2 | +4.6pp |
| 2019 | -2.6 | +0.4pp |
| 2018 | -3 | -0.6pp |
| 2017 | -2.4 | +0.3pp |
| 2016 | -2.6 | +1.7pp |
| 2015 | -4.3 | +0.5pp |
| 2014 | -4.8 | +0.5pp |
| 2013 | -5.3 | -0.7pp |
| 2012 | -4.7 | -2.7pp |
| 2011 | -2 | -0.7pp |
| 2010 | -1.3 | +1.1pp |
| 2009 | -2.4 | +2.8pp |
| 2008 | -5.2 | -0.3pp |
| 2007 | -4.9 | -0.9pp |
| 2006 | -4 | -1.2pp |
| 2005 | -2.8 | n/a |
About this Dataset
South Africa recorded -0.6 % of GDP in 2024. The most recent year-on-year change was +0.5pp. The historical series (1990–2024) shows a peak of 3.8 in 2021 and a trough of -5.3 in 2013.
Data sourced from World Bank Open Data API. Values use World Bank standardised methodology ensuring cross-country comparability.
The chart above shows the full historical trend; the table below lists annual values with year-on-year changes.
Frequently Asked Questions
This indicator tracks south africa current account balance (% of gdp) in South Africa, published by World Bank. Data covers 1990–2024 at annual frequency using harmonised methodology.
The most recent observation covers 2024. World Bank typically publishes this series with a lag of several months after the reference period. Data is updated annual.
The series peaked at 3.8 % of GDP in 2021 and reached its lowest recorded value of -5.3 in 2013. The latest reading of -0.6 in 2024 represents a year-on-year change of +0.5pp.