South Africa recorded a government budget deficit of 42054 ZAR Million in August of 2021. source: South African Reserve Bank

Government Budget Value in South Africa averaged -4386.15 ZAR Million from 1960 until 2021, reaching an all time high of 66357 ZAR Million in June of 2021 and a record low of -139791 ZAR Million in July 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 October of 2021.

Government Budget Value in South Africa is expected to be -16000.00 ZAR Million 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 Value is projected to trend around -10000.00 ZAR Million in 2022 and -42000.00 ZAR Million in 2023, according to our econometric models.

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South Africa Government Budget Value


South Africa Last Unit Reference Previous Highest Lowest
Government Debt to GDP 83.00 percent of GDP Dec/20 62.20 83.00 27.80
Government Budget Value -42054.00 ZAR Million Aug/21 -139791.00 66357.00 -139791.00
Government Spending 895811.00 ZAR Million Jun/21 896913.00 900759.00 65991.00
Government Revenues 123282.00 ZAR Million Aug/21 79590.00 205315.00 36.00
Government Debt 84435.00 USD Million Jun/21 76176.00 84435.00 11594.00
Fiscal Expenditure 165336.00 ZAR Million Aug/21 219381.00 219381.00 46.00


South Africa Government Budget Value
The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues.