Government Spending in South Africa decreased to 654497 ZAR Million in the second quarter of 2020 from 655913 ZAR Million in the first quarter of 2020.
Government Spending in South Africa averaged 327677.31 ZAR Million from 1960 until 2020, reaching an all time high of 655913 ZAR Million in the first quarter of 2020 and a record low of 65991 ZAR Million in the first quarter of 1960. 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 - values, historical data and charts - was last updated on October of 2020. source: South African Reserve Bank
Government Spending in South Africa is expected to be 620678.00 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 667587.00 in 12 months time. In the long-term, the South Africa Government Spending is projected to trend around 622895.00 ZAR Million in 2021 and 639090.00 ZAR Million in 2022, according to our econometric models.