11 September 2025
South Africa's current account deficit widens to 1.1% of GDP in second quarter
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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.
In rand terms the current account deficit rose to R82.8-billion, from a revised R47.8-billion in the first three months of the year.
The trade surplus narrowed to R177.1-billion in April-June from R211-billion in January-March, as the value of goods exports decreased more than that of imports, the South African Reserve Bank said in a statement.
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.
In rand terms the current account deficit rose to R82.8-billion, from a revised R47.8-billion in the first three months of the year.
The trade surplus narrowed to R177.1-billion in April-June from R211-billion in January-March, as the value of goods exports decreased more than that of imports, the South African Reserve Bank said in a statement.