South Africa recorded a government budget deficit of 13966 ZAR Million in November of 2018. Government Budget Value in South Africa averaged -2585.44 ZAR Million from 1960 until 2018, reaching an all time high of 70466 ZAR Million in February of 2018 and a record low of -90538 ZAR Million in July of 2018.
Government Budget Value in South Africa is expected to be 32327.00 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 -19695.00 in 12 months time. In the long-term, the South Africa Government Budget Value is projected to trend around 1391262.00 ZAR Million in 2020, according to our econometric models.