South Africa - Balance of Goods

South Africa: Balance of Goods

Mnemonic	TRBG.IZAF
Unit	Mil. ZAR, SAAR
Adjustments	Seasonally Adjusted at Annual Rate
	Quarterly	7.47 %
Data	2022 Q3	233,027
	2022 Q2	251,826

Series Information

Source	South African Reserve Bank (SARB)
Release	Quarterly Bulletin
Frequency	Quarterly
Start Date	3/31/1960
End Date	9/30/2022

South Africa: Trade

	Reference	Last	Previous	Units	Frequency
Balance of Goods	2022 Q3	233,027	251,826	Mil. ZAR, SAAR	Quarterly
Current Account Balance	2022 Q3	-18,071	-106,544	Mil. ZAR, SAAR	Quarterly
Exports of Goods	2022 Q3	2,013,636	1,964,111	Mil. ZAR, SAAR	Quarterly
Exports of Goods and Services	2022 Q3	2,317,647	2,263,471	Mil. ZAR, SAAR	Quarterly
Imports of Goods	2022 Q3	1,863,650	1,807,253	Mil. ZAR, SAAR	Quarterly
Imports of Goods and Services	2022 Q3	2,190,746	2,093,165	Mil. ZAR, SAAR	Quarterly
Net Exports	2022 Q3	126,901	170,306	Mil. ZAR, SAAR	Quarterly
Real Exports of Goods and Services	2022 Q3	1,312,510	1,260,140	Mil. 2015 ZAR, SAAR	Quarterly
Real Imports of Goods and Services	2022 Q3	1,363,692	1,355,607	Mil. 2015 ZAR, SAAR	Quarterly
Real Net Exports	2022 Q3	-51,182	-95,467	Mil. 2015 ZAR, SAAR	Quarterly

Release Information

Description

For South Africa: interest rates, detailed balance of payments, detailed expenditure approach to GDP from the quarterly national accounts (GDP(E)), GFCF detail. From the quarterly bulletin produced by the South African Reserve Bank (SARB).

Properties

Interest rates

Balance of payments

National accounts

Active:

Framework: UN SNA 2008
Measurements:
- Millions of South African rand at constant year-2015 prices (Mil. 2010 ZAR)
- At current prices (Mil. ZAR)
Adjustments:
- Seasonally adjusted annualized rate (SAAR)
- Not seasonally adjusted (NSA)
Native frequency: Quarterly
Start date: Uniformly 1993Q1

Predecessors:

SNA 2008 at 2010 prices - 1960 or 1993 to 2021
SNA 93 at 2005 prices

Methodology

The source writes:

The analysis focuses on four key areas:

Domestic economic developments
Foreign trade and payments
Monetary developments, interest rates and financial markets
Public finance

The statistical section is organized along eight major categories:

Money and banking
Capital market
National financial account
Public finance
International economic relations
- Balance of payments statistics are aligned with the guidelines of the Balance of Payments and International Investment Position Manual (BPM6).
National accounts
- National accounts data are reported according to the standards of the 2008 SNA.
- Industries are clasified according to the Standard Industrial Classification (SIC) fifth edition, the localization of ISIC Rev.3.
General economic indicators
Key information

Debt-service cost is defined as the interest payments on household's outstanding debt. To calculate the debt service ratio, debt-service cost is multiplied by 100, and then divided by net disposable income of households.

Revisions

Data for the previous quarter is subject to revision during the regular update.

Figures for the past four years are preliminary and subject to revision during the fourth quarter update.

In accordance with international best practice, national accounts are rebased and benchmarked every five years.

Notes

Statistics South Africa (Stats SA) disseminates quarterly data on GDP compiled according to the production approach (GVA). Differences between GDP compiled for the production approach and GDP compiled from the expenditure approach (by the SARB) are allocated to a "statistical discrepancy" item in the expenditure-based estimates.