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.
- Importance
- Low
- Publié
- Quarterly
- Prochaine publication
- Devise
- ZAR · South African rand
- Banque centrale
- The South African Reserve Bank
Derniers chiffres
La dernière publication, pour Q2, est parue le 2026-09-10 et s’est établie à ZAR-205.5B.
| Publié | Pour | Réel | Consensus | Précédent |
|---|---|---|---|---|
| 10 Sep 2026 | Q2 | ZAR-205.5B | – | ZAR181.6B ® |
| 11 Jun 2026 | Q1 | ZAR190.7B | – | ZAR50.2B |
| 12 Mar 2026 | Q4 | ZAR50.2B | – | ZAR-72B ® |
| 4 Dec 2025 | Q3 | ZAR-57B | – | ZAR-72.2B ® |
| 11 Sep 2025 | Q2 | ZAR-82.8B | – | ZAR-47.8B ® |
| 5 Jun 2025 | Q1 | ZAR-35.6B | – | ZAR-39.3B ® |
| 6 Mar 2025 | Q4 | ZAR-31.6B | ZAR -3B | ZAR-55.6B ® |
Pourquoi c’est important
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.
Mode de calcul
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 ≈ 0Ce que signifient les variations
- 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.
Supérieur aux attentes : A larger surplus or stronger inflows than expected tend to support the South African rand.
Inférieur aux attentes : A larger deficit or weaker inflows than expected tend to weigh on the South African rand.
Un bref historique
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.
Questions
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.
Contenu éducatif uniquement, pas un conseil en investissement. Les chiffres sont les résultats publiés tels qu’enregistrés par notre calendrier ; les réactions de marché décrites sont typiques, non garanties.