This slide talks only about the Current account balance in terms of services. It shows data in terms of GDP. It will be useful only for a specific purpose, not a general power point.

1. South Africa
JATIN AGARWAL
1311616

2. Current Account – Invisibles:
Services
 Invisible trade or services, in economics, the exchange of physically
intangible items between countries. Invisible trade and services can
be distinguished from visible trade and services, which involves the
export, import, and re-export of physically tangible goods.
 Statistics for South Africa (as % of GDP):
Year 2014-15 2013-14 2012-13 2011-12
Invisibles:
Services
9.68% 9.52% 9.19% 9.17%

3. Interpretation
 The data clearly indicates that the trade in services has been more
or less constant over the past few years, with a certain growth seen
in the past 2 years as in comparison to the other years.
 This increase in Services is understandably due to the dying effects
of the recession.
 South Africa is able to boost services due to various factors, one of
them being their alliance in the BRICS nations.
 Even though we can see that the Services show a positive growth,
the overall Current Account balance is negative, thus emphasizing
that various other factors are having a greater negative impact.