Benin vs South Africa: Current account balance
Current account balance over time
- Benin
- South Africa
How they compare
Benin currently reports -1.61 billion BoP, current US$ against -1.81 billion BoP, current US$ in South Africa, a difference of 197.45 million BoP, current US$.
The two have swapped places 8 times across 50 shared years of data; in 1974 it was Benin ahead.
Benin ranks 141st and South Africa ranks 144th of 199 countries.
Across the 6 decades both report, Benin averaged higher in 4 and South Africa in 2.
Head to head by decade
| Decade | Benin | South Africa | Difference | Ahead |
|---|---|---|---|---|
| 1970s | -57.72 million BoP, current US$ | -240.61 million BoP, current US$ | 182.89 million BoP, current US$ | Benin |
| 1980s | -94.31 million BoP, current US$ | 654.58 million BoP, current US$ | 748.90 million BoP, current US$ | South Africa |
| 1990s | -100.55 million BoP, current US$ | -150.95 million BoP, current US$ | 50.41 million BoP, current US$ | Benin |
| 2000s | -310.15 million BoP, current US$ | -6.74 billion BoP, current US$ | 6.43 billion BoP, current US$ | Benin |
| 2010s | -597.27 million BoP, current US$ | -12.97 billion BoP, current US$ | 12.37 billion BoP, current US$ | Benin |
| 2020s | -902.04 million BoP, current US$ | 4.30 billion BoP, current US$ | 5.20 billion BoP, current US$ | South Africa |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher current account balance, Benin or South Africa?
- Benin, at -1.61 billion BoP, current US$ against -1.81 billion BoP, current US$ in South Africa as of 2023.
- What is the difference in current account balance between Benin and South Africa?
- 197.45 million BoP, current US$, with Benin ahead.
- How many years of comparable data are there for Benin and South Africa?
- 50 years are reported by both, from 1974 to 2023.
- How do Benin and South Africa rank globally for current account balance?
- Benin ranks 141st and South Africa ranks 144th of 199 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Current account balance (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.