Current account and capital flows · South Africa

South Africa Current Account

The South Africa Current Account measures money flowing between South Africa and the rest of the world: trade, income and transfers (current account), or investment in and out of the country.

Wichtigkeit
Low
Veröffentlicht
Quarterly
Nächste Veröffentlichung
Währung
ZAR · South African rand
Zentralbank
The South African Reserve Bank
Bewegt
EURZAR · USDZAR

Neueste Zahlen

Die letzte Veröffentlichung, für Q2, erschien am 2026-09-10 und lag bei ZAR-205.5B.

VeröffentlichtFürIstKonsensVorher
10 Sep 2026Q2ZAR-205.5B–ZAR181.6B ®
11 Jun 2026Q1ZAR190.7B–ZAR50.2B
12 Mar 2026Q4ZAR50.2B–ZAR-72B ®
4 Dec 2025Q3ZAR-57B–ZAR-72.2B ®
11 Sep 2025Q2ZAR-82.8B–ZAR-47.8B ®
5 Jun 2025Q1ZAR-35.6B–ZAR-39.3B ®
6 Mar 2025Q4ZAR-31.6BZAR -3BZAR-55.6B ®

Im Wirtschaftskalender ansehen →

Warum es wichtig ist

A current-account deficit must be financed by foreign capital, which makes a currency vulnerable when investors turn cautious; a surplus country lends to the world. Capital-flow data show whether foreigners are buying the country's bonds and shares. Tourism and remittances are large sources of foreign currency for some economies.

So wird gerechnet

The balance of payments records every transaction with non-residents: goods, services, income, transfers (current account) and investment (financial account); the two mirror each other.

Current account = trade balance + primary income + secondary income
Current account + capital account + financial account ≈ 0

Was Veränderungen bedeuten

  • A deficit above about 4–5% of GDP is often seen as a risk for emerging-market currencies.
  • Large foreign purchases of local bonds support the currency.

Höher als erwartet: A larger surplus or stronger inflows than expected tend to support the South African rand.

Niedriger als erwartet: A larger deficit or weaker inflows than expected tend to weigh on the South African rand.

Eine kurze Geschichte

Balance-of-payments accounting was standardised by the International Monetary Fund after 1945; current-account crises shaped events from the 1990s emerging-market crises to the euro debt crisis.

Fragen

What is the South Africa Current Account?

The South Africa Current Account measures money flowing between South Africa and the rest of the world: trade, income and transfers (current account), or investment in and out of the country.

What was the latest South Africa Current Account?

ZAR-205.5B for Q2, published on 10 September 2026.

When is the next South Africa Current Account?

On Thursday 3 December 2026 at 09:00 UTC.

Nur Bildungsinhalte, keine Anlageberatung. Die Zahlen sind die veröffentlichten Ergebnisse, wie sie unser Kalender erfasst hat; die beschriebenen Marktreaktionen sind typisch, nicht garantiert.