Trends in Quarterly Current Account Balance in South Africa
South Africa| Date | Value | ||
|---|---|---|---|
| Forecast | Actual | Deviation | |
| Date | Related Instruments Price Volatility | |||||
|---|---|---|---|---|---|---|
| 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | ||
The quarterly current account balance is a component of South Africa's balance of payments, indicating the difference between trade, services, income, and transfer balances for a specific quarter. This data is published by the South African Reserve Bank (SARB) and is crucial for evaluating trends in international trade.
When the current account balance is in surplus, it indicates that South Africa is increasing net assets with other countries. Conversely, a deficit in the current account indicates that South Africa is increasing net liabilities with other countries. The direction of the current account balance is influenced by exchange rates, the balance of exports and imports, and global economic conditions.
This data serves as important reference material for policymakers to assess trade and economic policies and formulate appropriate measures. It is also a vital source of information for businesses and investors to understand trends in the current account balance and economic outlook.
| Date | Value | Related Instruments Price Volatility | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Forecast | Actual | Deviation | 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | 60 min later | ||
