The 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 value of exports of goods and services in the second quarter of 2025 decreased by R23.3 ... (full story)