The South African Reserve Bank published the statistical tables in its March 2026 Quarterly Bulletin, updating a range of macroeconomic series including the balance of payments, gross value added and household consumption, and selected national accounts indicators through 2025. The balance of payments tables show a current account deficit of ZAR 35,222 million in 2025 alongside a trade balance of ZAR 212,084 million and a financial account balance of ZAR 54,105 million. National accounts tables include gross value added at basic prices of ZAR 6,876,356 million in 2025 at current prices (ZAR 4,258,715 million at constant 2015 prices) and household final consumption expenditure of ZAR 5,030,894 million at current prices (ZAR 3,225,191 million at constant 2015 prices). The release also provides quarter-to-quarter percentage changes at constant 2015 prices (seasonally adjusted, not annualised), including 0.4% GDP growth in 2025 Q4, with household consumption up 1.2% and gross fixed capital formation up 1.3%, while exports fell 0.6% and imports rose 0.5%; data for the previous four years are marked as preliminary and subject to revision.
South African Reserve Bank 2026-03-31
South African Reserve Bank publishes March 2026 Quarterly Bulletin statistical tables extending balance of payments and national accounts data to 2025
The South African Reserve Bank released updated statistical tables in its March 2026 Quarterly Bulletin, covering balance of payments, gross value added, household consumption and selected national accounts indicators through 2025. The data show a 2025 current account deficit of ZAR 35,222 million, a trade balance of ZAR 212,084 million and 0.4% quarter-on-quarter GDP growth in 2025 Q4 at constant 2015 prices, with household consumption up 1.2% and gross fixed capital formation up 1.3%.