Macro Analysis /
South Africa

South African economy’s financial outflows accelerate in Q2

  • South Africa’s current account found significant support from resilient global commodity prices

  • The deficit on the financial account widened to 7.2% of GDP in the second quarter, from 4.4% of GDP in the first quarter

  • Foreign direct investment inflows strengthened in the second quarter

South African economy’s financial outflows accelerate in Q2
IHS Markit
1 October 2021
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