South Africa - Current Account Balance 1998
-1.44%
−0.12% from 1997
South Africa's current account balance was -1.44% in 1998, decreased +0.12% from -1.32% in 1997. This was the 118th highest globally.
Global Ranking - 1998▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Eritrea | -39.27% | -676.2% |
| 2nd | Turkmenistan | -35.04% | -51.0% |
| 3rd | Azerbaijan | -30.69% | -44.7% |
| 4th | Lebanon | -29.92% | 7.7% |
| 5th | Angola | -28.70% | -300.9% |
| 6th | West Bank and Gaza | -25.53% | 18.8% |
| 7th | Qatar | -25.46% | 17.5% |
| 8th | Micronesia, Federated States of | -25.16% | 19.2% |
| 9th | St. Vincent and the Grenadines | -24.70% | -6.6% |
| 10th | Kyrgyz Republic | -22.11% | -182.3% |
| 11th | Armenia | -21.98% | -13.8% |
| 12th | Lesotho | -21.89% | 20.6% |
| 13th | Oman | -19.72% | -1,732.5% |
| 14th | Moldova | -19.70% | -38.2% |
| 15th | Kenya | -18.68% | -5,514.4% |
| 16th | Grenada | -18.28% | -3.8% |
| 17th | Seychelles | -16.42% | -39.8% |
| 18th | Zambia | -16.12% | -281.2% |
| 19th | Nicaragua | -14.81% | 22.7% |
| 20th | Bahamas, The | -14.57% | -171.9% |
| 21st | São Tomé and Principe | -14.50% | 1.1% |
| 22nd | Mozambique | -13.94% | -55.3% |
| 23rd | Gabon | -13.28% | -241.8% |
| 24th | Congo, Republic of | -12.34% | -103.4% |
| 25th | St. Kitts and Nevis | -12.08% | 25.1% |
| 26th | Suriname | -11.54% | -65.7% |
| 27th | Lithuania | -11.50% | -19.0% |
| 28th | Cabo Verde | -11.21% | -129.7% |
| 29th | Marshall Islands | -11.17% | 8.9% |
| 30th | Bahrain | -11.06% | -2,616.6% |
| 31st | Trinidad and Tobago | -10.65% | -1.3% |
| 32nd | Latvia | -9.31% | -71.4% |
| 33rd | Panama | -9.10% | -102.1% |
| 34th | Saudi Arabia | -8.95% | -4,962.5% |
| 35th | Tonga | -8.59% | -1,116.4% |
| 36th | Sudan | -8.50% | 20.7% |
| 37th | Estonia | -8.43% | 22.7% |
| 38th | Bosnia and Herzegovina | -8.38% | - |
| 39th | Bolivia, Plurinational State of | -7.84% | -12.2% |
| 40th | Guyana | -7.75% | -50.9% |
| 41st | Myanmar | -7.65% | 12.3% |
| 42nd | Georgia | -7.63% | 40.0% |
| 43rd | Hungary | -7.63% | -88.3% |
| 44th | Ecuador | -7.50% | -324.4% |
| 45th | North Macedonia | -7.44% | 1.7% |
| 46th | Tajikistan | -7.32% | -82.4% |
| 47th | Dominica | -7.15% | 48.7% |
| 48th | Slovak Republic | -7.09% | 19.0% |
| 49th | Iceland | -7.01% | -212.6% |
| 50th | Romania | -7.00% | -30.8% |
| 51st | Ghana | -6.97% | -193.1% |
| 52nd | St. Lucia | -6.86% | 29.8% |
| 53rd | Comoros | -6.85% | -10.2% |
| 54th | Portugal | -6.76% | -10.7% |
| 55th | Mongolia | -6.72% | -207.1% |
| 56th | Belarus | -6.68% | -9.5% |
| 57th | Burkina Faso | -6.61% | 18.3% |
| 58th | Madagascar | -6.57% | -38.9% |
| 59th | Belize | -6.44% | -76.1% |
| 60th | Togo | -6.25% | -33.3% |
| 61st | Central African Republic | -6.09% | -141.4% |
| 62nd | Peru | -6.01% | -0.5% |
| 63rd | Chad | -6.00% | 30.0% |
| 64th | Lao PDR | -5.98% | -4.1% |
| 65th | Antigua and Barbuda | -5.92% | 8.2% |
| 66th | Eswatini | -5.92% | -4,010.3% |
| 67th | Malta | -5.81% | -110.6% |
| 68th | Tanzania | -5.79% | -23.9% |
| 69th | Niger | -5.76% | 0.9% |
| 70th | Cambodia | -5.56% | -527.6% |
| 71st | Kazakhstan | -5.53% | -53.5% |
| 72nd | Uganda | -5.52% | -47.1% |
| 73rd | Burundi | -5.44% | -1,104.0% |
| 74th | Benin | -5.40% | -8.7% |
| 75th | Guatemala | -5.36% | -43.6% |
| 76th | Mali | -5.35% | 4.7% |
| 77th | Croatia | -5.29% | 53.0% |
| 78th | Yemen, Republic of | -5.03% | -1,668.2% |
| 79th | Sierra Leone | -4.94% | -77.9% |
| 80th | Colombia | -4.93% | -9.4% |
| 81st | Argentina | -4.84% | -29.1% |
| 82nd | Chile | -4.78% | -15.3% |
| 83rd | Australia | -4.44% | -51.8% |
| 84th | Brazil | -4.05% | -11.4% |
| 85th | Maldives | -4.05% | 23.9% |
| 86th | Viet Nam | -3.95% | 11.8% |
| 87th | Poland | -3.94% | -8.3% |
| 88th | Costa Rica | -3.81% | -4.5% |
| 89th | Senegal | -3.80% | 17.5% |
| 90th | Jamaica | -3.80% | 1.5% |
| 91st | Barbados | -3.77% | -183.6% |
| 92nd | Fiji | -3.62% | -36.8% |
| 93rd | Pakistan | -3.61% | -2.3% |
| 94th | Rwanda | -3.61% | -24.3% |
| 95th | Guinea-Bissau | -3.56% | 24.0% |
| 96th | Tunisia | -3.10% | 0.4% |
| 97th | Ukraine | -3.09% | -20.2% |
| 98th | Egypt, Arab Republic of | -3.02% | -2,130.1% |
| 99th | Guinea | -2.95% | 36.0% |
| 100th | Mexico | -2.87% | -96.0% |
| 101st | New Zealand | -2.78% | 46.5% |
| 102nd | Greece | -2.71% | 29.3% |
| 103rd | Albania | -2.50% | 81.1% |
| 104th | Honduras | -2.40% | 19.0% |
| 105th | United States | -2.37% | -44.6% |
| 106th | Serbia | -2.35% | 48.4% |
| 107th | Congo, Democratic Republic of | -2.02% | -190.8% |
| 108th | Czechia | -1.95% | 65.9% |
| 109th | Iran, Islamic Republic of | -1.94% | -296.9% |
| 110th | Uruguay | -1.87% | -56.2% |
| 111th | Austria | -1.86% | 27.2% |
| 112th | Algeria | -1.74% | -126.4% |
| 113th | Israel | -1.67% | 51.5% |
| 114th | Côte d'Ivoire | -1.67% | -74.3% |
| 115th | India | -1.64% | -23.8% |
| 116th | Dominican Republic | -1.56% | -91.8% |
| 117th | Sri Lanka | -1.44% | 49.5% |
| 118th | South Africa | -1.44% | -9.4% |
| 119th | Canada | -1.42% | -6.2% |
| 120th | Nepal | -1.38% | -121.7% |
| 121st | Cameroon | -1.33% | 74.0% |
| 122nd | Spain | -1.17% | -75.7% |
| 123rd | Denmark | -1.14% | -186.3% |
| 124th | Aruba | -1.13% | 91.2% |
| 125th | Gambia, The | -1.00% | -102.6% |
| 126th | Zimbabwe | -0.89% | 83.0% |
| 127th | El Salvador | -0.83% | 13.3% |
| 128th | Libya | -0.77% | -164.7% |
| 129th | Nigeria | -0.55% | -366.2% |
| 130th | Uzbekistan | -0.54% | 82.9% |
| 131st | Slovenia | -0.54% | -591.6% |
| 132nd | Germany | -0.47% | -38.0% |
| 133rd | Bulgaria | -0.41% | -103.0% |
| 134th | United Kingdom | -0.32% | -126.8% |
| 135th | Morocco | -0.31% | 83.7% |
| 136th | Malawi | -0.17% | 96.0% |
| 137th | Bangladesh | -0.07% | 95.1% |
| 138th | Norway | 0.00% | -99.9% |
| 139th | Russian Federation | 0.03% | 113.6% |
| 140th | Mauritius | 0.08% | 103.8% |
| 141st | Jordan | 0.18% | -55.1% |
| 142nd | Ireland | 0.36% | -84.5% |
| 143rd | Syrian Arab Republic | 0.38% | -84.6% |
| 144th | Türkiye | 0.72% | 172.0% |
| 145th | Haiti | 0.77% | 192.9% |
| 146th | Papua New Guinea | 1.25% | 119.9% |
| 147th | Paraguay | 1.42% | 125.9% |
| 148th | Italy | 1.58% | -39.1% |
| 149th | Hong Kong SAR, China | 1.70% | 139.0% |
| 150th | Solomon Islands | 1.77% | 145.0% |
| 151st | Philippines | 2.08% | 144.9% |
| 152nd | Vanuatu | 2.20% | 541.8% |
| 153rd | France | 2.52% | -20.2% |
| 154th | Japan | 2.80% | 32.2% |
| 155th | Cyprus | 2.84% | 164.9% |
| 156th | Netherlands | 2.97% | -50.5% |
| 157th | China | 3.03% | -20.5% |
| 158th | Sweden | 3.52% | -7.1% |
| 159th | Botswana | 3.54% | -75.4% |
| 160th | Mauritania | 3.80% | 347.8% |
| 161st | United Arab Emirates | 3.94% | -65.0% |
| 162nd | Namibia | 4.18% | 90.1% |
| 163rd | Indonesia | 4.29% | 394.4% |
| 164th | Belgium | 5.12% | -6.4% |
| 165th | Finland | 5.48% | 15.2% |
| 166th | Samoa | 7.46% | 337.5% |
| 167th | Switzerland | 8.30% | -1.5% |
| 168th | Djibouti | 8.53% | -76.2% |
| 169th | Kuwait | 8.54% | -67.1% |
| 170th | Luxembourg | 8.56% | -14.3% |
| 171st | Bhutan | 9.73% | 93.1% |
| 172nd | Korea | 10.10% | 651.1% |
| 173rd | Thailand | 12.53% | 722.7% |
| 174th | Malaysia | 13.20% | 342.8% |
| 175th | Brunei Darussalam | 14.04% | -18.4% |
| 176th | Faroe Islands | 20.27% | - |
| 177th | Kiribati | 21.33% | 311.3% |
| 178th | Singapore | 21.79% | 40.0% |
FAQ
What was South Africa's current account balance in 1998?▾
South Africa's current account balance in 1998 was -1.44%. This ranked 118th globally.
How did South Africa's current account balance change in 1998?▾
South Africa's current account balance decreased by 9.4% in 1998 compared to 1997.
Which country had the highest current account balance in 1998?▾
Singapore had the highest current account balance in 1998 at 21.79%.
What is the current account balance of South Africa in 1998?▾
The current account balance of South Africa in 1998 was -1.44%. This ranked 118th globally.
How does 1998 compare to 1997 for South Africa's current account balance?▾
South Africa's current account balance went from -1.32% in 1997 to -1.44% in 1998, a 9.4% decrease.
Related
1997
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Full ranking 1998
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Lowest: 1971
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