Overall surplus/deficit, excluding current grants (current LCU) in South Africa
South Africa: Overall surplus/deficit, excluding current grants (current LCU) was -148.72 billion current LCU in 2008. ◆ Volatile
Overall surplus/deficit, excluding current grants in South Africa, 1968–2008
Source: World Bank country economists. Measured in current LCU.
Analysis
The most recent figure for overall surplus/deficit, excluding current grants in South Africa is -148.72 billion current LCU, measured in 2008.
Compared with earlier readings it is up 8.0% on the previous year and down 408.7% over ten years.
Over the whole period, overall surplus/deficit, excluding current 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.
That places South Africa 35th out of 50 countries with data for 2008, putting it 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 current 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 | -19.17 billion current LCU | -40.5% |
| 1994 | -15.89 billion current LCU | -17.1% |
| 1995 | -17.16 billion current LCU | +8.0% |
| 1996 | -14.92 billion current LCU | -13.1% |
| 1997 | -13.02 billion current LCU | -12.8% |
| 1998 | -29.23 billion current LCU | +124.6% |
| 1999 | -20.60 billion current LCU | -29.5% |
| 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 upper middle income countries, which is -25,562 current LCU, 5817861.0× the median. (7 countries reporting)
- South Africa's -148.72 billion current LCU is below the median for Sub-Saharan Africa, which is -32.01 billion current LCU, 4.6× the median. (45 countries reporting)
Biggest year-on-year movements
Years where Overall surplus/deficit, excluding current 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 | -22.41 billion current LCU | -33.24 billion current LCU | -13.02 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 current grants in South Africa?
- Overall surplus/deficit, excluding current 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 current 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 current 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 current grants?
- South Africa ranks 35th out of 50 countries with data for 2008.
- Is overall surplus/deficit, excluding current grants rising or falling in South Africa?
- Over the last ten years it is down 408.7%. 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 current 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 surplus/deficit (excluding current grants) is current and capital revenue excluding current grants, less total expenditure and lending minus repayments. Data are shown for central government only, and are in current local currency.