Government Spending in South Africa increased to 653236 ZAR Million in the third quarter of 2019 from 651181 ZAR Million in the second quarter of 2019. Government Spending in South Africa averaged 323573.77 ZAR Million from 1960 until 2019, reaching an all time high of 653236 ZAR Million in the third quarter of 2019 and a record low of 65991 ZAR Million in the first quarter of 1960. source: South African Reserve Bank

Government Spending in South Africa is expected to be 649212.00 ZAR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in South Africa to stand at 661075.00 in 12 months time. In the long-term, the South Africa Government Spending is projected to trend around 684413.00 ZAR Million in 2020, according to our econometric models.

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South Africa Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
653236.00 651181.00 653236.00 65991.00 1960 - 2019 ZAR Million Quarterly
Constant Prices, SA

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.

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 -34039.00 -42739.00 37586.00 -107881.00 ZAR Million [+]
Government Spending 653236.00 651181.00 653236.00 65991.00 ZAR Million [+]
Government Revenues 95928.00 84115.00 160596.00 36.00 ZAR Million [+]
Government Debt 70836.00 71035.00 81061.00 11594.00 USD Million [+]
Fiscal Expenditure 129966.00 126854.00 182477.00 46.00 ZAR Million [+]
Military Expenditure 3449.00 3639.00 5472.00 224.00 USD Million [+]
Credit Rating 50.00 [+]