South Africa recorded a government budget deficit of 22643 ZAR Million in May of 2022. source: South African Reserve Bank

Government Budget Value in South Africa averaged -4615.89 ZAR Million from 1960 until 2022, 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 July of 2022.

Government Budget Value in South Africa is expected to be -3000.00 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 -61500.00 ZAR Million in 2023 and -45000.00 ZAR Million in 2024, according to our econometric models.

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South Africa Government Budget Value

Related Last Previous Unit Reference
Government Debt to GDP 69.90 70.70 percent of GDP Dec 2021
Government Budget Value -22643.00 -78046.00 ZAR Million May 2022
Government Spending 907315.00 897919.00 ZAR Million Mar 2022
Government Revenues 106851.00 92847.00 ZAR Million May 2022
Government Debt 83437.00 77551.00 USD Million Mar 2022
Fiscal Expenditure 129494.00 170893.00 ZAR Million May 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
-22643.00 -78046.00 66357.00 -139791.00 1960 - 2022 ZAR Million Monthly
Current Prices, NSA