Government Spending in South Africa increased to 653236 ZAR Million in the third quarter of 2019 from 651181 ZAR Million in the second quarter of 2019. Government Spending in South Africa averaged 323573.77 ZAR Million from 1960 until 2019, reaching an all time high of 653236 ZAR Million in the third quarter of 2019 and a record low of 65991 ZAR Million in the first quarter of 1960. source: South African Reserve Bank
Government Spending in South Africa is expected to be 649212.00 ZAR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in South Africa to stand at 661075.00 in 12 months time. In the long-term, the South Africa Government Spending is projected to trend around 684413.00 ZAR Million in 2020, according to our econometric models.