Overall surplus/deficit, excluding current grants in South Africa

South Africa: Overall surplus/deficit, excluding current grants was -148.72 billion current LCU in 2008. ◆ Volatile

Latest (2008)
-148.72 billion current LCU
Change on year
up 8.0%
World rank
35th
of 50 countries
All-time high
19.35 billion current LCU
in 2002
All-time low
-167.52 billion current LCU
in 2004
Years of data
41
1968–2008

Overall surplus/deficit, excluding current grants in South Africa, 1968–2008

-150.0B-100.0B-50.0B01968198820081968: -539.2M current LCU1969: -993.0M current LCU1970: -1.4B current LCU1971: -1.9B current LCU1972: -2.1B current LCU1973: -2.1B current LCU1974: -2.0B current LCU1975: -1.6B current LCU1976: -2.5B current LCU1977: -3.0B current LCU1978: -4.4B current LCU1979: -5.0B current LCU1980: -5.0B current LCU1981: -7.2B current LCU1982: -11.0B current LCU1983: -11.4B current LCU1984: -3.5B current LCU1985: -9.5B current LCU1986: -14.2B current LCU1987: -28.9B current LCU1988: -38.2B current LCU1989: -29.8B current LCU1990: -28.6B current LCU1991: -33.2B current LCU1992: -32.2B current LCU1993: -19.2B current LCU1994: -15.9B current LCU1995: -17.2B current LCU1996: -14.9B current LCU1997: -13.0B current LCU1998: -29.2B current LCU1999: -20.6B current LCU2000: -4.9B current LCU2001: 11.0B current LCU2002: 19.4B current LCU2003: -27.2B current LCU2004: -167.5B current LCU2005: -143.4B current LCU2006: -159.1B current LCU2007: -161.7B current LCU2008: -148.7B current LCU

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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 32 Benin -119.37 billion current LCU compare
  2. 33 Kenya -128.89 billion current LCU compare
  3. 34 Egypt -131.89 billion current LCU compare
  4. 36 Niger -164.70 billion current LCU compare
  5. 37 Burundi -185.39 billion current LCU compare
  6. 38 Cameroon -250.00 billion current LCU compare

See the full ranking of 50 places →

More science & technology data for South Africa

All data for South Africa →

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.

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About this data

Indicator
Overall surplus/deficit, excluding current grants (current LCU)
Unit
current LCU
Source
World Bank country economists
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
50 places, 1,359 data points, 1965–2011
Last refreshed

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.