South Africa recorded a government budget deficit of 17928 ZAR Million in May of 2021. source: South African Reserve Bank
Government Budget Value in South Africa averaged -4247.31 ZAR Million from 1960 until 2021, reaching an all time high of 44018 ZAR Million in December of 2016 and a record low of -110002 ZAR Million in January of 2021. This page provides - South Africa Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Africa Government Budget Value - values, historical data and charts - was last updated on July of 2021.
Government Budget Value in South Africa is expected to be -33000.00 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 -20000.00 in 12 months time. In the long-term, the South Africa Government Budget Value is projected to trend around -40000.00 ZAR Million in 2022 and -42000.00 ZAR Million in 2023, according to our econometric models.