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South Africa's current account deficit widens to 1.1% of GDP in second quarter

South Africa's current account deficit widened to 1.1% of gross domestic product (GDP) in the second quarter of 2025, from a revised 0.6% deficit in the first quarter, central bank data showed on Thursday, 11 September 2025.

12 Sep 2025

Source: Reuters.

In rand terms the current account deficit rose to R82.8bn ($4.72bn), from a revised R47.8bn in the first three months of the year.

The trade surplus narrowed to R177.1bn in April-June from R211.0bn in January-March, as the value of goods exports decreased more than that of imports, the South African Reserve Bank said in a statement.

Source: Reuters

Reuters, the news and media division of Thomson Reuters, is the world's largest multimedia news provider, reaching billions of people worldwide every day.

Go to: https://www.reuters.com/