South Africa recorded a government budget deficit of 42808 ZAR Million in August of 2019. Government Budget Value in South Africa averaged -2876.75 ZAR Million from 1960 until 2019, reaching an all time high of 70466 ZAR Million in February of 2018 and a record low of -107881 ZAR Million in July of 2019.

Government Budget Value in South Africa is expected to be 31309.43 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 31309.00 in 12 months time. In the long-term, the South Africa Government Budget Value is projected to trend around 1391261.90 ZAR Million in 2020, according to our econometric models.

South Africa Government Budget Value
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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 -42808.00 -107881.00 70466.00 -107881.00 ZAR Million [+]
Government Spending 651189.00 646677.00 651189.00 65991.00 ZAR Million [+]
Government Revenues 118284.00 74595.00 160596.00 36.00 ZAR Million [+]
Government Debt 71035.00 68588.00 81061.00 11594.00 USD Million [+]
Fiscal Expenditure 161091.00 182477.00 182477.00 46.00 ZAR Million [+]
Military Expenditure 3449.00 3639.00 5472.00 224.00 USD Million [+]
Credit Rating 48.59 [+]

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. This page provides - South Africa Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Africa Government Budget Value - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-42808.00 -107881.00 70466.00 -107881.00 1960 - 2019 ZAR Million Monthly
Current Prices, NSA

Country Last Previous
Argentina 13746.10 Aug/19
Australia -9001.00 Jun/19
Brazil -63644.00 Aug/19
Canada -1470.00 Jul/19
China -257.10 Aug/19
France -123.14 Aug/19
Germany 7.47 Mar/19
India -5538.40 Aug/19
Indonesia -259900.00 Dec/18
Italy -28.38 Jul/19
Japan -117024.00 Jun/19
Mexico 34970.00 Aug/19
Netherlands -18.70 Jun/19
Russia 2560.62 Aug/19
Saudi Arabia -135704.00 Dec/18
Singapore 4068.40 Aug/19
South Africa -42808.00 Aug/19
South Korea -22340.00 Aug/19
Spain -14937.00 Aug/19
Switzerland 2176.00 Dec/19
Turkey 837007.00 Aug/19
United Kingdom -1819.00 Aug/19
United States -200344.00 Aug/19