South Africa recorded a Government Budget deficit equal to 4.40 percent of the country's Gross Domestic Product in 2018. Government Budget in South Africa averaged -3.34 percent of GDP from 1989 until 2018, reaching an all time high of 1 percent of GDP in 2007 and a record low of -7.40 percent of GDP in 1992.

Government Budget in South Africa is expected to be -4.70 percent of GDP by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Africa Government Budget is projected to trend around -4.30 percent of GDP in 2020, according to our econometric models.

South Africa Government Budget
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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 -107881.00 37586.00 70466.00 -107881.00 ZAR Million [+]
Government Spending 651189.00 646677.00 651189.00 65991.00 ZAR Million [+]
Government Revenues 74595.00 147177.00 160596.00 36.00 ZAR Million [+]
Government Debt 68588.00 66385.00 81061.00 11594.00 USD Million [+]
Fiscal Expenditure 182477.00 109590.00 182477.00 46.00 ZAR Million [+]
Credit Rating 48.59 [+]
Military Expenditure 3449.00 3639.00 5472.00 224.00 USD Million [+]


South Africa Government Budget

Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - South Africa Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Africa Government Budget - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-4.40 -4.40 1.00 -7.40 1989 - 2018 percent of GDP Yearly




Country Last Previous
Argentina -5.50 Dec/18
Australia -0.60 Dec/18
Brazil -7.10 Dec/18
Canada -0.70 Dec/18
China -4.20 Dec/18
Euro Area -0.50 Dec/18
France -2.50 Dec/18
Germany 1.70 Dec/18
India -3.42 Dec/18
Indonesia -1.76 Dec/18
Italy -2.10 Dec/18
Japan -3.80 Dec/18
Mexico -2.00 Dec/18
Netherlands 1.50 Dec/18
Russia 2.70 Dec/18
Saudi Arabia -9.20 Dec/18
Singapore 0.40 Dec/18
South Africa -4.40 Dec/18
South Korea -1.60 Dec/18
Spain -2.50 Dec/18
Switzerland 1.30 Dec/18
Turkey -2.00 Dec/18
United Kingdom -2.00 Dec/18
United States -3.80 Dec/18


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