Indirect taxes less subsidies (current LCU) in South Africa
South Africa: Indirect taxes less subsidies (current LCU) was 371.57 billion current LCU in 2008. ◆ Volatile
Indirect taxes less subsidies in South Africa, 1968–2008
Source: World Bank country economists. Measured in current LCU.
Analysis
South Africa recorded 371.57 billion current LCU for indirect taxes less subsidies in 2008. That is the highest value across all 41 years on record.
The figure is up 10.3% on the previous year and up 213.5% over ten years.
Over the whole period, indirect taxes less subsidies in South Africa peaked at 371.57 billion current LCU in 2008 and was at its lowest, 1.04 billion current LCU, in 1968.
South Africa ranks 17th of 51 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Indirect taxes less subsidies (current LCU) in South Africa, year by year
| Year | current LCU | Change |
|---|---|---|
| 1968 | 1.04 billion current LCU | — |
| 1969 | 1.14 billion current LCU | +10.0% |
| 1970 | 1.42 billion current LCU | +24.0% |
| 1971 | 1.73 billion current LCU | +21.9% |
| 1972 | 2.20 billion current LCU | +27.4% |
| 1973 | 2.77 billion current LCU | +25.5% |
| 1974 | 3.30 billion current LCU | +19.1% |
| 1975 | 3.92 billion current LCU | +19.0% |
| 1976 | 4.86 billion current LCU | +23.9% |
| 1977 | 6.17 billion current LCU | +27.0% |
| 1978 | 7.05 billion current LCU | +14.3% |
| 1979 | 9.01 billion current LCU | +27.8% |
| 1980 | 11.34 billion current LCU | +25.8% |
| 1981 | 13.07 billion current LCU | +15.3% |
| 1982 | 15.47 billion current LCU | +18.4% |
| 1983 | 20.39 billion current LCU | +31.8% |
| 1984 | 28.60 billion current LCU | +40.3% |
| 1985 | 29.82 billion current LCU | +4.3% |
| 1986 | 31.72 billion current LCU | +6.4% |
| 1987 | 31.84 billion current LCU | +0.4% |
| 1988 | 43.55 billion current LCU | +36.8% |
| 1989 | 53.00 billion current LCU | +21.7% |
| 1990 | 59.64 billion current LCU | +12.5% |
| 1991 | 65.66 billion current LCU | +10.1% |
| 1992 | 72.03 billion current LCU | +9.7% |
| 1993 | 69.86 billion current LCU | -3.0% |
| 1994 | 75.81 billion current LCU | +8.5% |
| 1995 | 83.61 billion current LCU | +10.3% |
| 1996 | 94.02 billion current LCU | +12.4% |
| 1997 | 106.93 billion current LCU | +13.7% |
| 1998 | 118.52 billion current LCU | +10.8% |
| 1999 | 145.27 billion current LCU | +22.6% |
| 2000 | 169.43 billion current LCU | +16.6% |
| 2001 | 198.67 billion current LCU | +17.3% |
| 2002 | 221.77 billion current LCU | +11.6% |
| 2003 | 224.27 billion current LCU | +1.1% |
| 2004 | 222.99 billion current LCU | -0.6% |
| 2005 | 274.33 billion current LCU | +23.0% |
| 2006 | 304.54 billion current LCU | +11.0% |
| 2007 | 336.93 billion current LCU | +10.6% |
| 2008 | 371.57 billion current LCU | +10.3% |
South Africa compared with similar countries
- South Africa's 371.57 billion current LCU is above the median for upper middle income countries, which is 63.20 billion current LCU, 5.9× the median. (7 countries reporting)
- South Africa's 371.57 billion current LCU is above the median for Sub-Saharan Africa, which is 128.54 billion current LCU, 2.9× the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.09 billion current LCU | 1.04 billion current LCU | 1.14 billion current LCU | 2 |
| 1970s | 4.24 billion current LCU | 1.42 billion current LCU | 9.01 billion current LCU | 10 |
| 1980s | 27.88 billion current LCU | 11.34 billion current LCU | 53.00 billion current LCU | 10 |
| 1990s | 89.14 billion current LCU | 59.64 billion current LCU | 145.27 billion current LCU | 10 |
| 2000s | 258.28 billion current LCU | 169.43 billion current LCU | 371.57 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 indirect taxes less subsidies in South Africa?
- Indirect taxes less subsidies in South Africa was 371.57 billion current LCU in 2008, according to World Bank country economists.
- What is the highest indirect taxes less subsidies recorded in South Africa?
- The highest recorded value was 371.57 billion current LCU in 2008.
- What is the lowest indirect taxes less subsidies recorded in South Africa?
- The lowest recorded value was 1.04 billion current LCU in 1968.
- How does South Africa rank for indirect taxes less subsidies?
- South Africa ranks 17th out of 51 countries with data for 2008.
- Is indirect taxes less subsidies rising or falling in South Africa?
- Over the last ten years it is up 213.5%. 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 Indirect taxes less subsidies (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 41 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Indirect taxes are the sum of indirect taxes less subsidies. Indirect taxes are those taxes payable by producers that relate to the production, sale, purchase or use of the goods and services. Subsidies are grants on the current account made by general government to private enterprises and unincorporated public enterprises. Data are in current local currency.