Government Spending in South Africa increased to 907315 ZAR Million in the first quarter of 2022 from 897919 ZAR Million in the fourth quarter of 2021. source: South African Reserve Bank

Government Spending in South Africa averaged 425334.77 ZAR Million from 1960 until 2022, reaching an all time high of 907315 ZAR Million in the first quarter of 2022 and a record low of 65991 ZAR Million in the first quarter of 1960. 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 - values, historical data and charts - was last updated on June of 2022.

Government Spending in South Africa is expected to be 902990.00 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 Spending is projected to trend around 930534.00 ZAR Million in 2023 and 948214.00 ZAR Million in 2024, according to our econometric models.

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South Africa Government Spending

Related Last Previous Unit Reference
Government Debt to GDP 69.90 70.70 percent of GDP Dec 2021
Government Budget Value -78046.00 -20663.00 ZAR Million Apr 2022
Government Spending 907315.00 897919.00 ZAR Million Mar 2022
Government Revenues 92847.00 162301.00 ZAR Million Apr 2022
Government Debt 77551.00 78753.00 USD Million Dec 2021
Fiscal Expenditure 170893.00 182964.00 ZAR Million Apr 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
907315.00 897919.00 907315.00 65991.00 1960 - 2022 ZAR Million Quarterly
Constant Prices, SA