Current budget balance, including grants (current LCU) in South Africa
South Africa: Current budget balance, including grants (current LCU) was -131.32 billion current LCU in 2008. ◆ Volatile
Latest (2008)
-131.32 billion current LCU
Change on year
up 11.2%
World rank
50th
of 51 countries
All-time high
27.25 billion current LCU
in 2002
All-time low
-147.96 billion current LCU
in 2007
Years of data
41
1968–2008
Current budget balance, including grants in South Africa, 1968–2008
Source: World Bank country economists. Measured in current LCU.
Analysis
In 2008, current budget balance, including grants in South Africa stood at -131.32 billion current LCU.
Compared with earlier readings it is up 11.2% on the previous year and down 429.2% over ten years.
Over the whole period, current budget balance, including grants in South Africa peaked at 27.25 billion current LCU in 2002 and was at its lowest, -147.96 billion current LCU, in 2007.
South Africa ranks 50th of 51 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Current budget balance, including grants (current LCU) in South Africa, year by year
| Year | current LCU | Change |
|---|---|---|
| 1968 | 697.75 million current LCU | — |
| 1969 | 716.00 million current LCU | +2.6% |
| 1970 | 655.25 million current LCU | -8.5% |
| 1971 | 377.25 million current LCU | -42.4% |
| 1972 | 465.25 million current LCU | +23.3% |
| 1973 | 833.75 million current LCU | +79.2% |
| 1974 | 1.03 billion current LCU | +23.2% |
| 1975 | -7.47 billion current LCU | -827.3% |
| 1976 | -1.54 billion current LCU | -79.4% |
| 1977 | 1.07 billion current LCU | -169.9% |
| 1978 | 105.50 million current LCU | -90.2% |
| 1979 | -592.25 million current LCU | -661.4% |
| 1980 | -181.50 million current LCU | -69.4% |
| 1981 | -2.52 billion current LCU | +1289.5% |
| 1982 | -5.24 billion current LCU | +108.0% |
| 1983 | -5.67 billion current LCU | +8.1% |
| 1984 | 1.48 billion current LCU | -126.2% |
| 1985 | -47.00 million current LCU | -103.2% |
| 1986 | -4.53 billion current LCU | +9538.8% |
| 1987 | -16.67 billion current LCU | +268.1% |
| 1988 | -19.64 billion current LCU | +17.8% |
| 1989 | -14.41 billion current LCU | -26.7% |
| 1990 | -12.68 billion current LCU | -12.0% |
| 1991 | -16.44 billion current LCU | +29.6% |
| 1992 | -14.25 billion current LCU | -13.3% |
| 1993 | -6.09 billion current LCU | -57.3% |
| 1994 | -3.90 billion current LCU | -35.8% |
| 1995 | -4.99 billion current LCU | +27.9% |
| 1996 | 3.75 billion current LCU | -175.2% |
| 1997 | 1.92 billion current LCU | -48.7% |
| 1998 | -24.81 billion current LCU | -1389.1% |
| 1999 | -15.29 billion current LCU | -38.4% |
| 2000 | 1.97 billion current LCU | -112.9% |
| 2001 | 18.37 billion current LCU | +833.3% |
| 2002 | 27.25 billion current LCU | +48.3% |
| 2003 | -7.81 billion current LCU | -128.7% |
| 2004 | -126.80 billion current LCU | +1524.0% |
| 2005 | -113.71 billion current LCU | -10.3% |
| 2006 | -147.17 billion current LCU | +29.4% |
| 2007 | -147.96 billion current LCU | +0.5% |
| 2008 | -131.32 billion current LCU | -11.2% |
South Africa compared with similar countries
- South Africa's -131.32 billion current LCU is below the median for upper middle income countries, which is 3.67 billion current LCU. (7 countries reporting)
- South Africa's -131.32 billion current LCU is below the median for Sub-Saharan Africa, which is 55.60 billion current LCU. (46 countries reporting)
Biggest year-on-year movements
Years where Current budget balance, including grants (current LCU) in South Africa changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1986 | -9538.8% | -47.00 million current LCU | -4.53 billion current LCU |
| 2004 | -1524.0% | -7.81 billion current LCU | -126.80 billion current LCU |
| 1998 | -1389.1% | 1.92 billion current LCU | -24.81 billion current LCU |
| 1981 | -1289.5% | -181.50 million current LCU | -2.52 billion current LCU |
| 2001 | +833.3% | 1.97 billion current LCU | 18.37 billion current LCU |
| 1975 | -827.3% | 1.03 billion current LCU | -7.47 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 706.88 million current LCU | 697.75 million current LCU | 716.00 million current LCU | 2 |
| 1970s | -505.90 million current LCU | -7.47 billion current LCU | 1.07 billion current LCU | 10 |
| 1980s | -6.74 billion current LCU | -19.64 billion current LCU | 1.48 billion current LCU | 10 |
| 1990s | -9.28 billion current LCU | -24.81 billion current LCU | 3.75 billion current LCU | 10 |
| 2000s | -69.69 billion current LCU | -147.96 billion current LCU | 27.25 billion current LCU | 9 |
Countries ranked near South Africa
More science & technology data for South Africa
- Mobile landline subscriptions, per unit of GDP 0 units per US$ of GDP (2024)
- Mobile landline subscriptions, gaps filled 179.34 (2024)
- Mobile cellular subscriptions by country, per capita 1.79 units per person (2024)
- Mobile cellular subscriptions by country, per unit of GDP 0.0003 units per US$ of GDP (2024)
- Mobile cellular subscriptions by country, gaps filled 114.79 million (2024)
- Mobile cellular subscriptions by country, per square kilometre 89.37 units per square kilometre (2023)
- Mobile landline subscriptions, annual growth rate 4.56 % change on previous year (2024)
- Mobile cellular subscriptions by country, annual growth rate 5.88 % change on previous year (2024)
- Patent applications, nonresidents, gaps filled 8,549 (2024)
- Patent applications, nonresidents 8,549 (2024)
Frequently asked questions
- What is current budget balance, including grants in South Africa?
- Current budget balance, including grants in South Africa was -131.32 billion current LCU in 2008, according to World Bank country economists.
- What is the highest current budget balance, including grants recorded in South Africa?
- The highest recorded value was 27.25 billion current LCU in 2002.
- What is the lowest current budget balance, including grants recorded in South Africa?
- The lowest recorded value was -147.96 billion current LCU in 2007.
- How does South Africa rank for current budget balance, including grants?
- South Africa ranks 50th out of 51 countries with data for 2008.
- Is current budget balance, including grants rising or falling in South Africa?
- Over the last ten years it is down 429.2%. The long-run trend across the full record is volatile.
- Where does this South Africa data come from?
- The figures come from World Bank country economists, published as part of Current budget balance, including grants (current LCU). Statizoid updates them automatically from the source API.
Download this data
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About this data
The excess of current revenue over current expenditure. data are in current local currencies.