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.

South Africa Government Budget Value
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South Africa Government Last Previous Highest Lowest Unit
Government Debt to GDP 55.80 53.10 55.80 27.80 percent [+]
Government Budget -4.40 -4.40 1.00 -7.40 percent of GDP [+]
Government Budget Value -15882.00 -73147.00 70466.00 -90538.00 ZAR Million [+]
Government Spending 645563.00 643445.00 645563.00 65991.00 ZAR Million [+]
Government Revenues 97483.00 73561.00 160596.00 36.00 ZAR Million [+]
Government Debt 68588.00 66385.00 81061.00 11594.00 USD Million [+]
Fiscal Expenditure 113366.00 146708.00 167009.00 46.00 ZAR Million [+]
Credit Rating 48.59 [+]
Military Expenditure 3449.00 3639.00 5472.00 224.00 USD Million [+]


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. This page provides - South Africa Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Africa Government Budget Value - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-15882.00 -73147.00 70466.00 -90538.00 1960 - 2019 ZAR Million Monthly
Current Prices, NSA




Country Last Previous
Argentina -6598.20 Jun/19
Australia 13326.00 May/19
Brazil -47558.00 May/19
Canada -14900.00 Mar/19
China -48.70 May/19
France -83.90 May/19
Germany 5.87 Sep/18
India -3661.57 May/19
Indonesia -259900.00 Dec/18
Italy 10.44 May/19
Japan 72556.00 Mar/19
Mexico -5692.80 May/19
Netherlands 17.00 Mar/19
Russia 1561.07 Jun/19
Saudi Arabia -135704.00 Dec/18
Singapore 17603.90 May/19
South Africa -15882.00 May/19
South Korea -19104.00 May/19
Spain -15202.00 May/19
Switzerland 2176.00 Dec/19
Turkey -11869039.00 May/19
United Kingdom -4426.00 Jun/19
United States -8000.00 Jun/19


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