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South Africa - Current Account Balance 1976

Name: South Africa Current Account Balance 1976
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Current account balance as % of GDP · World Bank

-4.65% +0.94% from 1975 Global rank: 18th

South Africa's current account balance was -4.65% in 1976, increased +0.94% from -5.59% in 1975. This was the 18th highest globally.

Global Ranking - 1976▾

Current Account Balance by Country - 1976
Rank	Country	Value	YoY
1st	Lesotho	-23.13%	-3,097.8%
2nd	Bahrain	-22.77%	-23.3%
3rd	Barbados	-16.03%	-39.6%
4th	Morocco	-14.27%	-154.5%
5th	Mauritania	-11.09%	-23.4%
6th	Norway	-10.42%	-38.3%
7th	Benin	-9.28%	-17.7%
8th	Singapore	-8.97%	13.5%
9th	Jamaica	-8.89%	-
10th	Tunisia	-8.79%	-
11th	Seychelles	-7.90%	-
12th	Tonga	-6.96%	-1,024.9%
13th	Honduras	-6.59%	21.8%
14th	Portugal	-6.30%	-61.6%
15th	Pakistan	-5.70%	-
16th	Botswana	-5.47%	45.4%
17th	Mauritius	-4.93%	-
18th	South Africa	-4.65%	16.8%
19th	Cyprus	-4.61%	-
20th	Mali	-4.50%	38.9%
21st	Denmark	-4.30%	-254.7%
22nd	Brazil	-4.26%	21.1%
23rd	Israel	-4.24%	62.5%
24th	Paraguay	-4.03%	15.6%
25th	Türkiye	-3.94%	-10.2%
26th	Spain	-3.90%	-15.0%
27th	Canada	-3.69%	21.6%
28th	Finland	-3.50%	51.8%
29th	Kenya	-3.41%	48.3%
30th	Dominican Republic	-3.27%	-61.6%
31st	Senegal	-3.22%	-6.5%
32nd	Greece	-3.02%	-
33rd	Myanmar	-2.83%	-
34th	Togo	-2.81%	67.6%
35th	Bangladesh	-2.73%	-
36th	Ghana	-2.68%	-528.2%
37th	Thailand	-2.59%	36.4%
38th	Bolivia, Plurinational State of	-1.96%	-
39th	Niger	-1.88%	-263.3%
40th	Sweden	-1.80%	-382.4%
41st	Haiti	-1.41%	60.8%
42nd	Iceland	-1.38%	-
43rd	Madagascar	-1.29%	47.1%
44th	Italy	-1.27%	-341.3%
45th	Korea	-1.02%	-
46th	São Tomé and Principe	-1.02%	-324.7%
47th	France	-0.91%	-218.8%
48th	United Kingdom	-0.59%	58.6%
49th	Tanzania	-0.42%	-
50th	Sri Lanka	-0.17%	94.3%
51st	Ecuador	-0.11%	-
52nd	United States	0.20%	-80.7%
53rd	Germany	0.72%	14.2%
54th	El Salvador	1.02%	-
55th	Colombia	1.06%	181.0%
56th	Argentina	1.27%	-
57th	Nepal	1.28%	-
58th	Chile	1.41%	122.4%
59th	Oman	1.42%	-47.9%
60th	India	1.54%	1,126.1%
61st	Solomon Islands	2.06%	112.2%
62nd	Jordan	2.12%	-35.5%
63rd	Netherlands	3.28%	37.6%
64th	Papua New Guinea	3.36%	-
65th	Malaysia	5.30%	200.4%
66th	Malta	10.43%	-16.5%
67th	Trinidad and Tobago	10.43%	-25.1%
68th	Bahamas, The	10.61%	-
69th	Eswatini	11.14%	-37.7%
70th	Iran, Islamic Republic of	11.26%	-
71st	Saudi Arabia	22.44%	-27.1%
72nd	Kuwait	52.76%	7.0%

FAQ

What was South Africa's current account balance in 1976?▾

South Africa's current account balance in 1976 was -4.65%. This ranked 18th globally.

How did South Africa's current account balance change in 1976?▾

South Africa's current account balance increased by 16.8% in 1976 compared to 1975.

Which country had the highest current account balance in 1976?▾

Kuwait had the highest current account balance in 1976 at 52.76%.

What is the current account balance of South Africa in 1976?▾

The current account balance of South Africa in 1976 was -4.65%. This ranked 18th globally.

How does 1976 compare to 1975 for South Africa's current account balance?▾

South Africa's current account balance went from -5.59% in 1975 to -4.65% in 1976, a 16.8% increase.

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