Government Spending in South Africa increased to 643704 ZAR Million in the third quarter of 2018 from 640210 ZAR Million in the second quarter of 2018. Government Spending in South Africa averaged 318170.38 ZAR Million from 1960 until 2018, reaching an all time high of 643704 ZAR Million in the third quarter of 2018 and a record low of 65991 ZAR Million in the first quarter of 1960.

Government Spending in South Africa is expected to be 640428.00 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 649563.00 in 12 months time. In the long-term, the South Africa Government Spending is projected to trend around 664993.00 ZAR Million in 2020, according to our econometric models.

South Africa Government Spending
Forecast Data Chart
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South Africa Government Last Previous Highest Lowest Unit
Government Debt to GDP 53.10 51.60 53.10 27.80 percent [+]
Government Budget -4.60 -3.90 1.00 -7.40 percent of GDP [+]
Government Budget Value 17725.00 -13966.00 70466.00 -90538.00 ZAR Million [+]
Government Spending 643704.00 640210.00 643704.00 65991.00 ZAR Million [+]
Government Revenues 160596.00 87441.00 160596.00 36.00 ZAR Million [+]
Government Debt 67998.00 70549.00 81061.00 11594.00 USD Million [+]
Fiscal Expenditure 142871.00 101408.00 167009.00 46.00 ZAR Million [+]
Credit Rating 48.59 [+]
Military Expenditure 3110.20 3171.80 5031.30 206.30 USD Million [+]

South Africa Government Spending

Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth. 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 - actual data, historical chart and calendar of releases - was last updated on February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
643704.00 640210.00 643704.00 65991.00 1960 - 2018 ZAR Million Quarterly
Constant Prices, SA

Country Last Previous
Argentina 95670.00 Sep/18
Australia 87057.00 Sep/18
Brazil 148423.72 Dec/18
Canada 417220.00 Sep/18
China 203330.00 Dec/17
Euro Area 542.69 Sep/18
France 136541.00 Dec/18
Germany 142.29 Sep/18
India 4216.64 Sep/18
Indonesia 283404.39 Dec/18
Italy 78350.00 Sep/18
Japan 107931.50 Dec/18
Mexico 2120744.19 Sep/18
Netherlands 44795.00 Dec/18
Russia 3930.20 Sep/18
Saudi Arabia 156928.00 Sep/18
Singapore 10699.80 Dec/18
South Africa 643704.00 Sep/18
South Korea 62355.80 Dec/18
Spain 56676.00 Dec/18
Switzerland 19864.58 Sep/18
Turkey 58201812.20 Sep/18
United Kingdom 92768.00 Dec/18
United States 3192.01 Sep/18