Overall surplus/deficit, excluding all grants (current LCU) in South Africa
South Africa: Overall surplus/deficit, excluding all grants (current LCU) was -148.72 billion current LCU in 2008. ◆ Volatile
Overall surplus/deficit, excluding all grants in South Africa, 1968–2008
Source: World Bank country economists. Measured in current LCU.
Analysis
South Africa recorded -148.72 billion current LCU for overall surplus/deficit, excluding all grants in 2008.
That represents a change of up 8.0% on the previous year and down 408.2% over ten years.
Over the whole period, overall surplus/deficit, excluding all grants in South Africa peaked at 19.35 billion current LCU in 2002 and was at its lowest, -167.52 billion current LCU, in 2004.
South Africa ranks 20th of 35 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.
Overall surplus/deficit, excluding all grants (current LCU) in South Africa, year by year
| Year | current LCU | Change |
|---|---|---|
| 1968 | -539.25 million current LCU | — |
| 1969 | -993.00 million current LCU | +84.1% |
| 1970 | -1.37 billion current LCU | +37.8% |
| 1971 | -1.88 billion current LCU | +37.2% |
| 1972 | -2.06 billion current LCU | +9.5% |
| 1973 | -2.11 billion current LCU | +2.8% |
| 1974 | -2.04 billion current LCU | -3.7% |
| 1975 | -1.59 billion current LCU | -22.1% |
| 1976 | -2.47 billion current LCU | +56.0% |
| 1977 | -3.02 billion current LCU | +22.1% |
| 1978 | -4.36 billion current LCU | +44.2% |
| 1979 | -5.00 billion current LCU | +14.7% |
| 1980 | -5.01 billion current LCU | +0.2% |
| 1981 | -7.16 billion current LCU | +43.0% |
| 1982 | -10.98 billion current LCU | +53.4% |
| 1983 | -11.40 billion current LCU | +3.8% |
| 1984 | -3.47 billion current LCU | -69.5% |
| 1985 | -9.54 billion current LCU | +174.8% |
| 1986 | -14.24 billion current LCU | +49.3% |
| 1987 | -28.94 billion current LCU | +103.2% |
| 1988 | -38.25 billion current LCU | +32.2% |
| 1989 | -29.81 billion current LCU | -22.1% |
| 1990 | -28.61 billion current LCU | -4.0% |
| 1991 | -33.24 billion current LCU | +16.2% |
| 1992 | -32.24 billion current LCU | -3.0% |
| 1993 | -19.56 billion current LCU | -39.3% |
| 1994 | -16.00 billion current LCU | -18.2% |
| 1995 | -17.16 billion current LCU | +7.2% |
| 1996 | -14.92 billion current LCU | -13.1% |
| 1997 | -13.10 billion current LCU | -12.2% |
| 1998 | -29.26 billion current LCU | +123.3% |
| 1999 | -20.60 billion current LCU | -29.6% |
| 2000 | -4.94 billion current LCU | -76.0% |
| 2001 | 11.00 billion current LCU | -322.9% |
| 2002 | 19.35 billion current LCU | +75.8% |
| 2003 | -27.16 billion current LCU | -240.3% |
| 2004 | -167.52 billion current LCU | +516.8% |
| 2005 | -143.36 billion current LCU | -14.4% |
| 2006 | -159.07 billion current LCU | +11.0% |
| 2007 | -161.71 billion current LCU | +1.7% |
| 2008 | -148.72 billion current LCU | -8.0% |
South Africa compared with similar countries
- South Africa's -148.72 billion current LCU is below the median for Sub-Saharan Africa, which is -90.45 billion current LCU, 1.6× the median. (34 countries reporting)
Biggest year-on-year movements
Years where Overall surplus/deficit, excluding all 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 |
|---|---|---|---|
| 2004 | -516.8% | -27.16 billion current LCU | -167.52 billion current LCU |
| 2001 | +322.9% | -4.94 billion current LCU | 11.00 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | -766.12 million current LCU | -993.00 million current LCU | -539.25 million current LCU | 2 |
| 1970s | -2.59 billion current LCU | -5.00 billion current LCU | -1.37 billion current LCU | 10 |
| 1980s | -15.88 billion current LCU | -38.25 billion current LCU | -3.47 billion current LCU | 10 |
| 1990s | -22.47 billion current LCU | -33.24 billion current LCU | -13.10 billion current LCU | 10 |
| 2000s | -86.90 billion current LCU | -167.52 billion current LCU | 19.35 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 overall surplus/deficit, excluding all grants in South Africa?
- Overall surplus/deficit, excluding all grants in South Africa was -148.72 billion current LCU in 2008, according to World Bank country economists.
- What is the highest overall surplus/deficit, excluding all grants recorded in South Africa?
- The highest recorded value was 19.35 billion current LCU in 2002.
- What is the lowest overall surplus/deficit, excluding all grants recorded in South Africa?
- The lowest recorded value was -167.52 billion current LCU in 2004.
- How does South Africa rank for overall surplus/deficit, excluding all grants?
- South Africa ranks 20th out of 35 countries with data for 2008.
- Is overall surplus/deficit, excluding all grants rising or falling in South Africa?
- Over the last ten years it is down 408.2%. 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 Overall surplus/deficit, excluding all grants (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
Overall budget deficit is current and capital revenue excluding current grants less total expenditure and lending minus repayments. Values are in current local currencies.