South Africa recorded a government budget deficit of 2581 ZAR Million in March of 2020.

Government Budget Value in South Africa averaged -3119.13 ZAR Million from 1960 until 2020, reaching an all time high of 37586 ZAR Million in June of 2019 and a record low of -107881 ZAR Million in July of 2019. 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 May of 2020. source: South African Reserve Bank

Government Budget Value in South Africa is expected to be 39000.00 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 20500.00 in 12 months time. In the long-term, the South Africa Government Budget Value is projected to trend around 21000.00 ZAR Million in 2021, according to our econometric models.

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South Africa Government Budget Value

Actual Previous Highest Lowest Dates Unit Frequency
-2581.00 -3633.00 37586.00 -107881.00 1960 - 2020 ZAR Million Monthly
Current Prices, NSA

South Africa Government Last Previous Highest Lowest Unit
Government Debt to GDP 62.20 56.70 62.20 27.80 percent [+]
Government Budget -6.30 -4.20 1.00 -7.40 percent of GDP [+]
Government Budget Value -2581.00 -3633.00 37586.00 -107881.00 ZAR Million [+]
Government Spending 653065.00 653236.00 653236.00 65991.00 ZAR Million [+]
Government Revenues 139465.00 144778.00 160730.00 36.00 ZAR Million [+]
Government Debt 77987.00 70836.00 81061.00 11594.00 USD Million [+]
Fiscal Expenditure 142046.00 148411.00 182477.00 46.00 ZAR Million [+]
Credit Rating 46.00 [+]
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.