South Africa recorded a Government Budget deficit equal to 4.40 percent of the country's Gross Domestic Product in 2018. Government Budget in South Africa averaged -3.34 percent of GDP from 1989 until 2018, reaching an all time high of 1 percent of GDP in 2007 and a record low of -7.40 percent of GDP in 1992.

Government Budget in South Africa is expected to be -6.20 percent of GDP by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Africa Government Budget is projected to trend around -6.10 percent of GDP in 2020, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
width
height
 Preview
South Africa Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
-4.40 -4.40 1.00 -7.40 1989 - 2018 percent of GDP Yearly


South Africa Government Budget
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.

South Africa Government Last Previous Highest Lowest Unit
Government Debt to GDP 55.80 53.10 55.80 27.80 percent [+]
Government Budget -4.40 -4.40 1.00 -7.40 percent of GDP [+]
Government Budget Value -34039.00 -42739.00 37586.00 -107881.00 ZAR Million [+]
Government Spending 653236.00 651181.00 653236.00 65991.00 ZAR Million [+]
Government Revenues 95928.00 84115.00 160596.00 36.00 ZAR Million [+]
Government Debt 70836.00 71035.00 81061.00 11594.00 USD Million [+]
Fiscal Expenditure 129966.00 126854.00 182477.00 46.00 ZAR Million [+]
Military Expenditure 3449.00 3639.00 5472.00 224.00 USD Million [+]
Credit Rating 50.00 [+]