South Africa - Current Account Balance 2004
-2.51%
−1.77% from 2003
South Africa's current account balance was -2.51% in 2004, decreased +1.77% from -0.78% in 2003. This was the 90th highest globally.
Global Ranking - 2004▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Palau | -34.77% | -26.0% |
| 2nd | West Bank and Gaza | -34.50% | -27.9% |
| 3rd | São Tomé and Principe | -32.33% | -103.6% |
| 4th | Tuvalu | -30.97% | 49.4% |
| 5th | Azerbaijan | -29.83% | -7.4% |
| 6th | Grenada | -21.91% | 16.9% |
| 7th | Mauritania | -21.89% | -156.0% |
| 8th | Lebanon | -20.82% | 18.1% |
| 9th | Micronesia, Federated States of | -18.76% | -210.0% |
| 10th | Liberia | -17.81% | -27.0% |
| 11th | Bhutan | -17.37% | 22.3% |
| 12th | Bosnia and Herzegovina | -16.14% | 15.9% |
| 13th | St. Lucia | -14.87% | 29.0% |
| 14th | Cabo Verde | -14.06% | -71.4% |
| 15th | St. Vincent and the Grenadines | -13.31% | -58.3% |
| 16th | Barbados | -12.69% | -270.8% |
| 17th | Serbia | -12.21% | -88.9% |
| 18th | Latvia | -12.15% | -49.3% |
| 19th | Estonia | -11.98% | 6.9% |
| 20th | Nicaragua | -11.87% | 10.5% |
| 21st | Chad | -11.68% | 65.4% |
| 22nd | Belize | -11.06% | 21.5% |
| 23rd | Maldives | -9.97% | -235.2% |
| 24th | Iceland | -9.97% | -109.7% |
| 25th | Burkina Faso | -9.76% | -25.7% |
| 26th | Fiji | -9.28% | -127.5% |
| 27th | Hungary | -9.08% | -13.6% |
| 28th | Romania | -8.51% | -82.0% |
| 29th | Dominica | -8.41% | 45.7% |
| 30th | Iraq | -8.31% | 22.0% |
| 31st | Portugal | -7.98% | -20.3% |
| 32nd | North Macedonia | -7.95% | -104.8% |
| 33rd | Madagascar | -7.88% | -53.1% |
| 34th | Lithuania | -7.78% | -14.4% |
| 35th | Honduras | -7.71% | -14.7% |
| 36th | St. Kitts and Nevis | -7.70% | 56.6% |
| 37th | Slovak Republic | -7.62% | -54.7% |
| 38th | Lao PDR | -7.53% | 35.0% |
| 39th | Malawi | -7.49% | -2.4% |
| 40th | Montenegro | -7.19% | -4.5% |
| 41st | Kiribati | -7.17% | 17.8% |
| 42nd | Zambia | -7.15% | 30.8% |
| 43rd | Georgia | -6.95% | 25.4% |
| 44th | Panama | -6.92% | -73.6% |
| 45th | Suriname | -6.89% | -36.4% |
| 46th | Seychelles | -6.75% | -409.0% |
| 47th | Australia | -6.71% | -26.0% |
| 48th | Ghana | -6.65% | -1,328.3% |
| 49th | Togo | -6.49% | -14.2% |
| 50th | Samoa | -6.41% | -70.2% |
| 51st | Bulgaria | -6.39% | -89.0% |
| 52nd | Mali | -6.32% | -7.2% |
| 53rd | Antigua and Barbuda | -6.31% | 31.1% |
| 54th | Niger | -6.15% | 5.1% |
| 55th | Croatia | -6.15% | 31.2% |
| 56th | Vanuatu | -6.15% | 23.7% |
| 57th | Mozambique | -6.04% | 51.3% |
| 58th | Poland | -5.97% | -138.4% |
| 59th | Greece | -5.74% | 11.3% |
| 60th | Spain | -5.42% | -42.0% |
| 61st | United States | -5.20% | -14.2% |
| 62nd | Belarus | -5.15% | -108.0% |
| 63rd | Senegal | -5.07% | -1.7% |
| 64th | Guatemala | -4.94% | -11.8% |
| 65th | Jamaica | -4.93% | 38.3% |
| 66th | Albania | -4.83% | 37.8% |
| 67th | Cyprus | -4.77% | -133.8% |
| 68th | El Salvador | -4.68% | 11.8% |
| 69th | Benin | -4.67% | 24.8% |
| 70th | New Zealand | -4.51% | -81.6% |
| 71st | Sierra Leone | -4.43% | -18.5% |
| 72nd | Solomon Islands | -4.04% | -168.5% |
| 73rd | Malta | -3.80% | -208.3% |
| 74th | Czechia | -3.71% | 34.6% |
| 75th | Costa Rica | -3.63% | 30.4% |
| 76th | Burundi | -3.54% | 73.0% |
| 77th | Türkiye | -3.46% | -45.4% |
| 78th | Bahamas, The | -3.39% | -1,860.5% |
| 79th | Comoros | -3.33% | -259.6% |
| 80th | Tonga | -3.27% | -25.8% |
| 81st | Gambia, The | -3.15% | 31.9% |
| 82nd | Sri Lanka | -3.13% | -852.6% |
| 83rd | Cambodia | -3.11% | 5.4% |
| 84th | Sudan | -3.07% | 30.1% |
| 85th | Guinea | -3.06% | -6,150.5% |
| 86th | Tanzania | -2.90% | -156.3% |
| 87th | Tajikistan | -2.75% | -797.9% |
| 88th | Slovenia | -2.61% | -219.8% |
| 89th | Guyana | -2.53% | 11.4% |
| 90th | South Africa | -2.51% | -241.1% |
| 91st | United Kingdom | -2.28% | -25.3% |
| 92nd | Cameroon | -2.21% | 41.0% |
| 93rd | Armenia | -2.20% | 64.3% |
| 94th | Viet Nam | -2.11% | 45.2% |
| 95th | Rwanda | -1.85% | 62.4% |
| 96th | Moldova | -1.78% | 73.0% |
| 97th | Central African Republic | -1.71% | 19.9% |
| 98th | Mauritius | -1.68% | -208.3% |
| 99th | Tunisia | -1.42% | 57.8% |
| 100th | Ecuador | -1.36% | -9.1% |
| 101st | Haiti | -1.02% | -11.4% |
| 102nd | Zimbabwe | -0.92% | -88.1% |
| 103rd | Eritrea | -0.87% | 63.0% |
| 104th | Kenya | -0.82% | -232.3% |
| 105th | Colombia | -0.66% | 31.7% |
| 106th | Pakistan | -0.62% | -117.1% |
| 107th | Italy | -0.50% | 36.9% |
| 108th | Mexico | -0.46% | 11.8% |
| 109th | Bangladesh | -0.43% | -274.7% |
| 110th | Paraguay | -0.10% | -146.1% |
| 111th | Ireland | -0.10% | -119.9% |
| 112th | Uganda | -0.02% | 95.2% |
| 113th | Uruguay | 0.02% | 103.2% |
| 114th | Peru | 0.03% | 101.8% |
| 115th | India | 0.11% | -95.3% |
| 116th | Jordan | 0.34% | -96.8% |
| 117th | France | 0.43% | -48.2% |
| 118th | Djibouti | 0.47% | -99.0% |
| 119th | Indonesia | 0.61% | -80.8% |
| 120th | Turkmenistan | 0.62% | -78.3% |
| 121st | Iran, Islamic Republic of | 0.63% | 48.1% |
| 122nd | Kazakhstan | 0.78% | 187.9% |
| 123rd | Israel | 0.84% | 268.7% |
| 124th | Myanmar | 1.04% | -12.5% |
| 125th | Côte d'Ivoire | 1.05% | -24.2% |
| 126th | Kyrgyz Republic | 1.32% | -86.9% |
| 127th | Brazil | 1.34% | 240.6% |
| 128th | Nepal | 1.37% | -35.3% |
| 129th | Morocco | 1.47% | -48.1% |
| 130th | Thailand | 1.60% | -49.1% |
| 131st | Yemen, Republic of | 1.62% | 8.4% |
| 132nd | Philippines | 1.71% | 423.1% |
| 133rd | Lesotho | 1.76% | 159.4% |
| 134th | Argentina | 1.95% | -65.1% |
| 135th | Congo, Democratic Republic of | 2.04% | -61.6% |
| 136th | Austria | 2.09% | 34.4% |
| 137th | Canada | 2.26% | 83.8% |
| 138th | Denmark | 2.36% | -39.9% |
| 139th | Syrian Arab Republic | 2.36% | 130.8% |
| 140th | Guinea-Bissau | 2.38% | 194.4% |
| 141st | Angola | 2.52% | 171.3% |
| 142nd | Eswatini | 2.63% | -37.2% |
| 143rd | Oman | 3.09% | -47.4% |
| 144th | Belgium | 3.10% | -8.9% |
| 145th | Mongolia | 3.16% | 151.1% |
| 146th | Chile | 3.26% | 1,409.5% |
| 147th | French Polynesia | 3.34% | 238.0% |
| 148th | China | 3.47% | 35.7% |
| 149th | Botswana | 3.54% | -63.1% |
| 150th | Marshall Islands | 3.54% | 590.7% |
| 151st | Korea | 3.56% | 129.2% |
| 152nd | Bahrain | 3.59% | 110.7% |
| 153rd | Japan | 3.72% | 20.6% |
| 154th | Bolivia, Plurinational State of | 3.85% | 269.2% |
| 155th | New Caledonia | 4.35% | 675.6% |
| 156th | Germany | 4.53% | 202.5% |
| 157th | Dominican Republic | 4.67% | -3.1% |
| 158th | Papua New Guinea | 4.79% | 229.3% |
| 159th | Egypt, Arab Republic of | 4.98% | 118.2% |
| 160th | Uzbekistan | 5.71% | 13.0% |
| 161st | Sweden | 5.96% | 2.7% |
| 162nd | Finland | 6.36% | 47.4% |
| 163rd | United Arab Emirates | 6.43% | 11.2% |
| 164th | Netherlands | 6.70% | 30.5% |
| 165th | Namibia | 6.75% | 26.4% |
| 166th | Luxembourg | 7.20% | 0.8% |
| 167th | Faroe Islands | 7.52% | 1,821.8% |
| 168th | Russian Federation | 9.91% | 38.0% |
| 169th | Hong Kong SAR, China | 9.95% | -8.1% |
| 170th | Ukraine | 10.28% | 78.2% |
| 171st | Gabon | 11.90% | 1.1% |
| 172nd | Aruba | 12.01% | 246.8% |
| 173rd | Malaysia | 12.09% | 8.4% |
| 174th | Algeria | 12.09% | 0.9% |
| 175th | Nigeria | 12.40% | 430.3% |
| 176th | Norway | 12.44% | 2.3% |
| 177th | Switzerland | 12.53% | 11.4% |
| 178th | Trinidad and Tobago | 13.50% | 57.2% |
| 179th | Libya | 13.94% | 277.0% |
| 180th | Congo, Republic of | 14.51% | 6.0% |
| 181st | Timor-Leste | 14.88% | 265.5% |
| 182nd | Singapore | 19.31% | -20.5% |
| 183rd | Saudi Arabia | 20.07% | 54.4% |
| 184th | Qatar | 24.64% | 1.6% |
| 185th | Kuwait | 26.09% | 32.6% |
| 186th | Macao SAR, China | 32.96% | 7.6% |
| 187th | Brunei Darussalam | 33.44% | -2.2% |
| 188th | Afghanistan | 37.22% | 25.7% |
FAQ
What was South Africa's current account balance in 2004?▾
South Africa's current account balance in 2004 was -2.51%. This ranked 90th globally.
How did South Africa's current account balance change in 2004?▾
South Africa's current account balance decreased by 241.1% in 2004 compared to 2003.
Which country had the highest current account balance in 2004?▾
Afghanistan had the highest current account balance in 2004 at 37.22%.
What is the current account balance of South Africa in 2004?▾
The current account balance of South Africa in 2004 was -2.51%. This ranked 90th globally.
How does 2004 compare to 2003 for South Africa's current account balance?▾
South Africa's current account balance went from -0.78% in 2003 to -2.51% in 2004, a 241.1% decrease.
Related
2003
2005
All years
Full ranking 2004
Exports
Imports
Trade Balance
FDI Inflows
FDI Outflows
Peak: 1987
Lowest: 1971
Current Account Balance 1990s
Current Account Balance 2000s
Current Account Balance 2010s
Current Account Balance 2020s
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Lowest ever
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G20 Current Account Balance
BRICS+ Current Account Balance
African Union Current Account Balance
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