Government Spending in South Africa increased to 639964 ZAR Million in the second quarter of 2018 from 638888 ZAR Million in the first quarter of 2018. Government Spending in South Africa averaged 316778.16 ZAR Million from 1960 until 2018, reaching an all time high of 639964 ZAR Million in the second quarter of 2018 and a record low of 65991 ZAR Million in the first quarter of 1960.

Government Spending in South Africa is expected to be 638234.00 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 643804.00 in 12 months time. In the long-term, the South Africa Government Spending is projected to trend around 671605.00 ZAR Million in 2020, according to our econometric models.

South Africa Government Spending
Forecast Data Chart
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South Africa Government Last Previous Highest Lowest Unit
Government Debt to GDP 53.10 51.60 53.10 27.80 percent [+]
Government Budget -4.60 -3.90 1.00 -7.40 percent of GDP [+]
Government Budget Value 15912.00 -7476.00 70466.00 -90538.00 ZAR Million [+]
Government Spending 639964.00 638888.00 639964.00 65991.00 ZAR Million [+]
Government Revenues 111002.00 116226.00 157508.00 36.00 ZAR Million [+]
Government Debt 70549.00 81061.00 81061.00 11594.00 USD Million [+]
Fiscal Expenditure 95090.00 123702.00 167009.00 46.00 ZAR Million [+]
Credit Rating 48.59 [+]
Military Expenditure 3110.20 3171.80 5031.30 206.30 USD Million [+]

South Africa Government Spending

Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth. This page provides the latest reported value for - South Africa Government Spending - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. South Africa Government Spending - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
639964.00 638888.00 639964.00 65991.00 1960 - 2018 ZAR Million Quarterly
Constant Prices, SA

Country Last
Argentina 97236.00 Jun/18
Australia 85568.00 Jun/18
Brazil 119639.00 Sep/18
Canada 366209.00 Jun/18
China 203330.00 Dec/17
Euro Area 541.83 Jun/18
France 135951.00 Sep/18
Germany 141.98 Jun/18
India 3972.15 Jun/18
Indonesia 205839.31 Sep/18
Italy 78678.70 Jun/18
Japan 107015.20 Sep/18
Mexico 2196413.00 Jun/18
Netherlands 44573.00 Sep/18
Russia 3972.90 Jun/18
Saudi Arabia 183426.00 Jun/18
Singapore 10663.00 Jun/18
South Africa 639964.00 Jun/18
South Korea 60585.40 Sep/18
Spain 56107.00 Sep/18
Switzerland 19857.94 Jun/18
Turkey 58800570.50 Jun/18
United Kingdom 92514.00 Sep/18
United States 3197.46 Sep/18