Legend
- High Impact Expected
- Med Impact Expected
- Low Impact Expected
- Non-Economic
Revision
- Green NumberBetter than forecast -or- revised better
- Red NumberWorse than forecast -or- revised worse
- m/mMonth Over Month
- q/qQuarter Over Quarter
- y/yYear Over Year
- K Thousand
- M Million
- B Billion
- T Trillion
SA Current Account
It’s a leading indicator of external demand – a rising surplus indicates that foreigners are buying more of the country’s goods, services, and resources;
- SA Current Account Graph
- History
| Expected Impact / Date | Actual | Forecast | Previous |
|---|---|---|---|
| Jun 11, 2026 | 191B | 83B | 50B |
| Mar 12, 2026 | 50B | 39B |
-72B |
| Dec 4, 2025 | -57B | -45B |
-72B |
| Sep 11, 2025 | -83B | -60B |
-48B |
| Jun 5, 2025 | -36B | -49B |
-39B |
| Mar 6, 2025 | -32B | -69B |
-56B |
| Dec 5, 2024 | -71B | -60B |
-75B |
| Sep 5, 2024 | -65B | -70B |
-107B |
-
- SA Current Account News
From resbank.co.za|Dec 4, 2025The deficit on the current account of the balance of payments narrowed to R57.0 billion in the third quarter of 2025 from a revised R72.2 billion in the second quarter. The current account deficit as a ratio of gross domestic product (GDP) narrowed to 0.7% in the third quarter of 2025 from 1.0% in the second quarter. South Africa’s trade surplus narrowed further from R187.2 billion in the second quarter of 2025 to R178.3 billion in the third quarter as the value of merchandise imports increased more than that of goods exports. The ...
From resbank.co.za|Sep 11, 2025The deficit on the current account of the balance of payments widened to R82.8 billion in the second quarter of 2025 from a revised R47.8 billion in the first quarter. The current account deficit as a ratio of gross domestic product (GDP) widened to 1.1% in the second quarter of 2025 from 0.6% in the first quarter. South Africa’s trade surplus narrowed further from R211.0 billion in the first quarter of 2025 to R177.1 billion in the second quarter as the value of goods exports decreased more than that of merchandise imports. The ...
- From resbank.co.za|Jun 5, 2025
The deficit on the current account of the balance of payments narrowed to R35.6 billion in the first quarter of 2025 from a revised R39.3 billion in the fourth quarter of 2024. The current account deficit as a ratio of gross domestic product (GDP) remained broadly the same at 0.5% from the fourth quarter of 2024 to the first quarter of 2025. South Africa’s trade surplus narrowed slightly from R226.4 billion in the fourth quarter of 2024 to R221.2 billion in the first quarter of 2025 as the value of merchandise imports increased more ...
From resbank.co.za|Mar 6, 2025The deficit on the current account of the balance of payments narrowed to R31.6 billion in the fourth quarter of 2024 from a revised R55.6 billion in the third quarter. The current account deficit as a ratio of gross domestic product (GDP) narrowed to 0.4% in the fourth quarter of 2024 from 0.8% in the third quarter. On an annual basis, the deficit on the current account narrowed to R44.5 billion (0.6% of GDP) in 2024 from R112.1 billion (1.6% of GDP) in 2023. South Africa’s trade surplus widened from R200.4 billion in the third ...
- From resbank.co.za|Dec 5, 2024
The deficit on the current account of the balance of payments narrowed to R70.8 billion in the third quarter of 2024 from a revised R75.3 billion in the second quarter. The current account deficit as a ratio of gross domestic product (GDP) remained broadly unchanged at 1.0% from the second quarter of 2024 to the third quarter. South Africa’s trade surplus narrowed slightly from R179.5 billion in the second quarter of 2024 to R177.0 billion in the third quarter as the value of goods exports decreased more than that of merchandise ...
From resbank.co.za|Sep 5, 2024The deficit on the current account of the balance of payments narrowed noticeably to R64.6 billion in the second quarter of 2024 from a revised R106.9 billion in the first quarter. The current account deficit as a ratio of gross domestic product (GDP) narrowed further to 0.9% in the second quarter of 2024 from 1.5% in the first quarter. South Africa’s trade surplus widened further from R165.8 billion in the first quarter of 2024 to R187.4 billion in the second quarter as the value of goods exports increased more than that of ...
From resbank.co.za|Jun 6, 2024The deficit on the current account of the balance of payments narrowed noticeably to R84.6 billion in the first quarter of 2024 from a revised R162.9 billion in the fourth quarter of 2023. The current account deficit as a ratio of gross domestic product (GDP) narrowed to 1.2% in the first quarter of 2024 from 2.3% in the fourth quarter of 2023. South Africa’s trade surplus widened from R90.9 billion in the fourth quarter of 2023 to R183.4 billion in the first quarter of 2024 as the value of goods exports increased marginally while ...
- From resbank.co.za|Mar 7, 2024
The deficit on the current account of the balance of payments widened noticeably to R165.5 billion in the fourth quarter of 2023 from a revised R34.4 billion in the third quarter. The current account deficit as a ratio of gross domestic product (GDP) widened to 2.3% in the fourth quarter of 2023 from 0.5% in the third quarter. On an annual basis, the deficit on the current account widened to R112.5 billion (1.6% of GDP) in 2023 from R30.0 billion (0.5% of GDP) in 2022. South Africa’s trade surplus narrowed from R181.1 billion in the ...
| Released on Dec 4, 2025 |
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| Released on Sep 11, 2025 |
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| Released on Jun 5, 2025 |
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| Released on Mar 6, 2025 |
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| Released on Dec 5, 2024 |
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| Released on Sep 5, 2024 |
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| Released on Jun 6, 2024 |
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| Released on Mar 7, 2024 |
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- Details