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South Africa - Current Account Balance 1970

Name: South Africa Current Account Balance 1970
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Current account balance as % of GDP · World Bank

-6.08% −3.58% from 1969 Global rank: 4th

South Africa's current account balance was -6.08% in 1970, decreased +3.58% from -2.49% in 1969. This was the 4th highest globally.

Global Ranking - 1970▾

Current Account Balance by Country - 1970
Rank	Country	Value	YoY
1st	Barbados	-27.80%	0.7%
2nd	Israel	-8.33%	-32.8%
3rd	Dominican Republic	-6.86%	0.3%
4th	South Africa	-6.08%	-143.7%
5th	Colombia	-4.07%	-50.0%
6th	Sweden	-0.67%	-
7th	United States	0.24%	-
8th	Netherlands	0.51%	-77.3%
9th	Canada	0.56%	122.8%
10th	Italy	0.72%	-
11th	United Kingdom	1.51%	-

FAQ

What was South Africa's current account balance in 1970?▾

South Africa's current account balance in 1970 was -6.08%. This ranked 4th globally.

How did South Africa's current account balance change in 1970?▾

South Africa's current account balance decreased by 143.7% in 1970 compared to 1969.

Which country had the highest current account balance in 1970?▾

United Kingdom had the highest current account balance in 1970 at 1.51%.

What is the current account balance of South Africa in 1970?▾

The current account balance of South Africa in 1970 was -6.08%. This ranked 4th globally.

How does 1970 compare to 1969 for South Africa's current account balance?▾

South Africa's current account balance went from -2.49% in 1969 to -6.08% in 1970, a 143.7% decrease.

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