Current account balance (credit less debit), Percent of GDP (Balance) in Southern African Customs Union (SACU)
Southern African Customs Union (SACU): Current account balance (credit less debit), Percent of GDP (Balance) was -1.8 in 2027. ◆ Volatile
Current account balance (credit less debit), Percent of GDP (Balance) in Southern African Customs Union (SACU), 2000–2027
Source: International Monetary Fund.
Analysis
In 2027, current account balance (credit less debit), percent of gdp (balance) in Southern African Customs Union (SACU) stood at -1.8.
The figure is down 25.5% on the previous year and up 12.5% over ten years.
Over the whole period, current account balance (credit less debit), percent of gdp (balance) in Southern African Customs Union (SACU) peaked at 3.03 in 2021 and was at its lowest, -4.93, in 2013.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance (credit less debit), Percent of GDP (Balance) in Southern African Customs Union (SACU), year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 0.2911 | — |
| 2001 | 0.6785 | +133.1% |
| 2002 | 1.05 | +55.4% |
| 2003 | -0.1939 | -118.4% |
| 2004 | -1.96 | +912.6% |
| 2005 | -1.98 | +0.9% |
| 2006 | -2.81 | +41.7% |
| 2007 | -3.78 | +34.6% |
| 2008 | -4.62 | +22.2% |
| 2009 | -2.68 | -42.1% |
| 2010 | -1.67 | -37.7% |
| 2011 | -2.22 | +32.9% |
| 2012 | -4.78 | +115.4% |
| 2013 | -4.93 | +3.3% |
| 2014 | -4.2 | -14.9% |
| 2015 | -4.22 | +0.4% |
| 2016 | -2.57 | -38.9% |
| 2017 | -2.06 | -20.0% |
| 2018 | -2.8 | +35.9% |
| 2019 | -2.7 | -3.5% |
| 2020 | 1.56 | -157.7% |
| 2021 | 3.03 | +94.6% |
| 2022 | -0.7759 | -125.6% |
| 2023 | -1.35 | +73.4% |
| 2024 | -1.18 | -12.4% |
| 2025 | -0.7804 | -33.8% |
| 2026 | -1.44 | +83.9% |
| 2027 | -1.8 | +25.5% |
Biggest year-on-year movements
Years where Current account balance (credit less debit), Percent of GDP (Balance) in Southern African Customs Union (SACU) changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2004 | -912.6% | -0.1939 | -1.96 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -1.6 | -4.62 | 1.05 | 10 |
| 2010s | -3.21 | -4.93 | -1.67 | 10 |
| 2020s | -0.3405 | -1.8 | 3.03 | 8 |
Countries ranked near Southern African Customs Union (SACU)
More financial sector data for Southern African Customs Union (SACU)
Frequently asked questions
- What is current account balance (credit less debit), percent of gdp (balance) in Southern African Customs Union (SACU)?
- Current account balance (credit less debit), percent of gdp (balance) in Southern African Customs Union (SACU) was -1.8 in 2027, according to International Monetary Fund.
- What is the highest current account balance (credit less debit), percent of gdp (balance) recorded in Southern African Customs Union (SACU)?
- The highest recorded value was 3.03 in 2021.
- What is the lowest current account balance (credit less debit), percent of gdp (balance) recorded in Southern African Customs Union (SACU)?
- The lowest recorded value was -4.93 in 2013.
- How does Southern African Customs Union (SACU) rank for current account balance (credit less debit), percent of gdp (balance)?
- Southern African Customs Union (SACU) ranks 8th out of 19 groups with data for 2027.
- Is current account balance (credit less debit), percent of gdp (balance) rising or falling in Southern African Customs Union (SACU)?
- Over the last ten years it is up 12.5%. The long-run trend across the full record is volatile.
- Where does this Southern African Customs Union (SACU) data come from?
- The figures come from International Monetary Fund, published as part of Current account balance (credit less debit), Percent of GDP (Balance of Payments and International Investment Position Manual, Sixth Edition (BPM6)). Statizoid updates them automatically from the source API.
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About this data
Sub-Saharan Africa Regional Economic Outlook (REO) provides information on recent economic developments and prospects for countries in sub-Saharan Africa. Data for the REO for sub-Saharan Africa are prepared in conjunction with the semi-annual World Economic Outlook (WEO) exercises, spring and fall.