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.