South Africa current account balance as a share of GDP was at level of -3.3 % in 2016, down from -4.4 % previous year.The description is composed by Yodatai, our digital data assistant. Have a question? Ask Yodatai ›
Current account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income.
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