Economic Outlook 119 — Current account balance in USD in South Africa
South Africa: Economic Outlook 119 — Current account balance in USD was -3.92 billion in 2027. ◆ Volatile
Economic Outlook 119 — Current account balance in USD in South Africa, 1960–2027
Source: Organisation for Economic Co-operation and Development.
Analysis
South Africa recorded -3.92 billion for economic outlook 119 — current account balance in usd in 2027.
The figure is down 34.5% on the previous year and up 56.5% over ten years.
Over the whole period, economic outlook 119 — current account balance in usd in South Africa peaked at 15.80 billion in 2021 and was at its lowest, -21.33 billion, in 2013.
That places South Africa 23rd out of 41 countries with data for 2027, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Economic Outlook 119 — Current account balance in USD in South Africa, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 49.00 million | — |
| 1961 | 270.20 million | +451.4% |
| 1962 | 429.80 million | +59.1% |
| 1963 | 194.60 million | -54.7% |
| 1964 | -161.00 million | -182.7% |
| 1965 | -516.60 million | +220.9% |
| 1966 | -147.00 million | -71.5% |
| 1967 | -375.20 million | +155.2% |
| 1968 | -19.60 million | -94.8% |
| 1969 | -480.20 million | +2350.0% |
| 1970 | -1.28 billion | +167.5% |
| 1971 | -1.49 billion | +16.3% |
| 1972 | -189.92 million | -87.3% |
| 1973 | -257.46 million | +35.6% |
| 1974 | -1.44 billion | +459.7% |
| 1975 | -2.43 billion | +68.4% |
| 1976 | -1.91 billion | -21.2% |
| 1977 | 239.19 million | -112.5% |
| 1978 | 1.10 billion | +359.1% |
| 1979 | 2.97 billion | +170.4% |
| 1980 | 3.17 billion | +6.8% |
| 1981 | -5.03 billion | -258.6% |
| 1982 | -3.57 billion | -29.1% |
| 1983 | -336.54 million | -90.6% |
| 1984 | -1.97 billion | +483.9% |
| 1985 | 2.25 billion | -214.6% |
| 1986 | 2.75 billion | +22.0% |
| 1987 | 5.11 billion | +85.8% |
| 1988 | 2.49 billion | -51.2% |
| 1989 | 1.47 billion | -40.9% |
| 1990 | 1.55 billion | +5.4% |
| 1991 | 1.38 billion | -10.8% |
| 1992 | 1.99 billion | +43.6% |
| 1993 | 2.79 billion | +40.4% |
| 1994 | 33.29 million | -98.8% |
| 1995 | -2.49 billion | -7591.1% |
| 1996 | -1.68 billion | -32.7% |
| 1997 | -2.22 billion | +32.1% |
| 1998 | -2.27 billion | +2.2% |
| 1999 | -677.97 million | -70.1% |
| 2000 | -192.70 million | -71.6% |
| 2001 | 333.08 million | -272.9% |
| 2002 | 1.05 billion | +215.4% |
| 2003 | -1.49 billion | -241.8% |
| 2004 | -6.41 billion | +330.1% |
| 2005 | -8.06 billion | +25.7% |
| 2006 | -12.19 billion | +51.3% |
| 2007 | -16.18 billion | +32.7% |
| 2008 | -16.33 billion | +0.9% |
| 2009 | -8.03 billion | -50.9% |
| 2010 | -5.49 billion | -31.5% |
| 2011 | -9.13 billion | +66.2% |
| 2012 | -20.29 billion | +122.3% |
| 2013 | -21.33 billion | +5.1% |
| 2014 | -18.36 billion | -13.9% |
| 2015 | -14.96 billion | -18.5% |
| 2016 | -8.59 billion | -42.6% |
| 2017 | -9.02 billion | +5.0% |
| 2018 | -12.01 billion | +33.1% |
| 2019 | -10.16 billion | -15.4% |
| 2020 | 6.89 billion | -167.8% |
| 2021 | 15.80 billion | +129.5% |
| 2022 | -1.07 billion | -106.7% |
| 2023 | -4.10 billion | +285.1% |
| 2024 | -2.62 billion | -36.2% |
| 2025 | -1.91 billion | -27.2% |
| 2026 | -2.92 billion | +52.9% |
| 2027 | -3.92 billion | +34.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | -75.60 million | -516.60 million | 429.80 million | 10 |
| 1970s | -469.83 million | -2.43 billion | 2.97 billion | 10 |
| 1980s | 634.63 million | -5.03 billion | 5.11 billion | 10 |
| 1990s | -158.82 million | -2.49 billion | 2.79 billion | 10 |
| 2000s | -6.75 billion | -16.33 billion | 1.05 billion | 10 |
| 2010s | -12.93 billion | -21.33 billion | -5.49 billion | 10 |
| 2020s | 769.62 million | -4.10 billion | 15.80 billion | 8 |
Countries ranked near South Africa
More economy & growth data for South Africa
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.4836 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.4 Percent per annum (2029)
- Households and NPISHs Final consumption expenditure (current LCU) 5.85 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 11.78 current LCU per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 77,700 current LCU per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 3.56 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5921 constant 2015 US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 3,907 constant 2015 US$ per person (2025)
- Final consumption expenditure (current US$), annual growth rate 7.63 % change on previous year (2025)
- Final consumption expenditure (current US$), per unit of GDP 0.8472 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is economic outlook 119 — current account balance in usd in South Africa?
- Economic outlook 119 — current account balance in usd in South Africa was -3.92 billion in 2027, according to Organisation for Economic Co-operation and Development.
- What is the highest economic outlook 119 — current account balance in usd recorded in South Africa?
- The highest recorded value was 15.80 billion in 2021.
- What is the lowest economic outlook 119 — current account balance in usd recorded in South Africa?
- The lowest recorded value was -21.33 billion in 2013.
- How does South Africa rank for economic outlook 119 — current account balance in usd?
- South Africa ranks 23rd out of 41 countries with data for 2027.
- Is economic outlook 119 — current account balance in usd rising or falling in South Africa?
- Over the last ten years it is up 56.5%. The long-run trend across the full record is volatile.
- Where does this South Africa data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Economic Outlook 119 — Current account balance in USD. Statizoid updates them automatically from the source API.
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About this data
The OECD Economic Outlook presents the OECD’s analysis of the major global economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, government spending, prices and current balances based on a review of each member country and of the induced effect on each of them on international developments. OECD (2026), OECD Economic Outlook No 119 (Edition 2026/1) EO119 Database documentation EO119 Last historical points gdp inflation cpi population unemployment real gdp gdp per capita employment OECD Economic Outlook website: https://www.oecd.org/economic-outlook/ Contact: eco.outlook@oecd.org Keywords: Outlook, forecasts, forecast, GDP