PESA
Balance of Payments and International FDI Position in South Africa: FY2019/20

[Dataset] Balance of Payments and International FDI Position in South Africa: FY2019/20

Balance of Payments and International FDI Position in South Africa: FY2019/20
  • Version
  • Download
  • File Size 0.00 KB
  • File Count
  • Create Date 7 months ago
  • Last Updated Apr 22, 2020

[Dataset] Balance of Payments and International FDI Position in South Africa: FY2019/20

South African merchandise export earnings have grown consistently since 2017. The faster export earnings have not been sufficient to improve South Africa’s current account balance. The balance of payments has improved and gross official reserves have increased due to the improved capital and financial account surplus and the increasing inward foreign direct investment (FDI) inflows. These capital flows have improved South Africa’s balance of payments and the country’s net international FDI position. Nonetheless, South Africa’s balance of payments is projected to deteriorate to a deficit in 2020 before recovering in 2021 onwards, which is projected to support steady gross official reserves in the medium-term.

PESA

Advertisement

Advertisement

Advertisement

Advertisement

Advertisement

Follow PESA Online

Advertisement

Follow PESA Online

Follow us on some of your favourite social media.

Contact Us

Please complete the General Enquiry form and submit it to us for a response. Please use the subject “Media” for all media-related requests.

 

    By continuing to use the site, you agree to the use of cookies. Click here for more information.

    The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

    Close