Johannesburg — 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 82.8 billion rand ($4.72 billion) from a revised 47.8 billion rand in the first three months of the year.
The trade surplus narrowed to 177.1 billion rand in April-June from 211.0 billion rand in January-March, as the value of goods exports decreased more than that of imports, the South African Reserve Bank said in a statement.
*Kopano Gumbi; Anathi Madubela; editing: Alexander Winning – Reuters
