Canada vs South Africa: Current account balance as a proportion of GDP

Canada
-0.5%
in 2024
South Africa
-0.6%
in 2024
Canada rank
89th
South Africa rank
94th

Current account balance as a proportion of GDP over time

  • Canada
  • South Africa
-6-4-2024200020122024

How they compare

Canada currently reports -0.5% against -0.6% in South Africa, a difference of 0.1%.

The two have swapped places 6 times across 25 shared years of data; in 2000 it was Canada ahead.

Canada ranks 89th and South Africa ranks 94th of 204 countries.

Across the 3 decades both report, Canada averaged higher in 2 and South Africa in 1.

Head to head by decade

Decade Canada South Africa Difference Ahead
2000s 1.1% -2.2% 3.3% Canada
2010s -2.9% -3.3% 0.4% Canada
2020s -0.7% 0.7% 1.4% South Africa

Averages of every year both report within each decade.

Frequently asked questions

Which has higher current account balance as a proportion of gdp, Canada or South Africa?
Canada, at -0.5% against -0.6% in South Africa as of 2024.
What is the difference in current account balance as a proportion of gdp between Canada and South Africa?
0.1%, with Canada ahead.
How many years of comparable data are there for Canada and South Africa?
25 years are reported by both, from 2000 to 2024.
How do Canada and South Africa rank globally for current account balance as a proportion of gdp?
Canada ranks 89th and South Africa ranks 94th of 204 countries.
Where does this data come from?
United Nations Statistics Division, SDG Global Database, published as Current account balance as a proportion of GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Canada vs South Africa: Current account balance as a proportion of GDP. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 15 September 2026, from https://economy.statizoid.com/compare/current-account-balance-as-a-proportion-of-gdp-percent/canada/south-africa/

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About this data

Indicator
Current account balance as a proportion of GDP (%)
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
207 places, 4,677 data points, 2000–2024
Last refreshed