South Africa recorded a government budget deficit of 3460 ZAR Million in December of 2019. South Africa Government Budget Value - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Government Budget Value in South Africa averaged -3053.65 ZAR Million from 1960 until 2019, reaching an all time high of 37586 ZAR Million in June of 2019 and a record low of -107881 ZAR Million in July of 2019. This page provides - South Africa Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: South African Reserve Bank

Government Budget Value in South Africa is expected to be -7700.00 ZAR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Budget Value in South Africa to stand at 20500.00 in 12 months time. In the long-term, the South Africa Government Budget Value is projected to trend around 21000.00 ZAR Million in 2021, according to our econometric models.


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South Africa Government Budget Value

Actual Previous Highest Lowest Dates Unit Frequency
-3460.00 -34039.00 37586.00 -107881.00 1960 - 2019 ZAR Million Monthly
Current Prices, NSA


South Africa Government Budget Value
The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues.