South Africa recorded a government budget deficit of 15882 ZAR Million in May of 2019. Government Budget Value in South Africa averaged -2730.22 ZAR Million from 1960 until 2019, 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 7425.00 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 31309.00 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.