Primary balance, excluding interest (current LCU) in South Africa
South Africa: Primary balance, excluding interest (current LCU) was -44.68 billion current LCU in 2008. ◆ Volatile
Primary balance, excluding interest in South Africa, 1997–2008
Source: World Bank country economists. Measured in current LCU.
Analysis
The most recent figure for primary balance, excluding interest in South Africa is -44.68 billion current LCU, measured in 2008.
The figure is up 37.0% on the previous year and down 361.6% over ten years.
Over the whole period, primary balance, excluding interest in South Africa peaked at 72.23 billion current LCU in 2002 and was at its lowest, -110.39 billion current LCU, in 2004.
South Africa ranks 34th of 50 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.
Primary balance, excluding interest (current LCU) in South Africa, year by year
| Year | current LCU | Change |
|---|---|---|
| 1997 | 33.79 billion current LCU | — |
| 1998 | 17.08 billion current LCU | -49.5% |
| 1999 | 28.25 billion current LCU | +65.4% |
| 2000 | 45.98 billion current LCU | +62.8% |
| 2001 | 63.20 billion current LCU | +37.5% |
| 2002 | 72.23 billion current LCU | +14.3% |
| 2003 | 27.24 billion current LCU | -62.3% |
| 2004 | -110.39 billion current LCU | -505.3% |
| 2005 | -76.79 billion current LCU | -30.4% |
| 2006 | -82.49 billion current LCU | +7.4% |
| 2007 | -70.91 billion current LCU | -14.0% |
| 2008 | -44.68 billion current LCU | -37.0% |
South Africa compared with similar countries
- South Africa's -44.68 billion current LCU is below the median for upper middle income countries, which is -6.26 billion current LCU, 7.1× the median. (7 countries reporting)
- South Africa's -44.68 billion current LCU is below the median for Sub-Saharan Africa, which is -6.36 billion current LCU, 7.0× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 26.37 billion current LCU | 17.08 billion current LCU | 33.79 billion current LCU | 3 |
| 2000s | -19.62 billion current LCU | -110.39 billion current LCU | 72.23 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 primary balance, excluding interest in South Africa?
- Primary balance, excluding interest in South Africa was -44.68 billion current LCU in 2008, according to World Bank country economists.
- What is the highest primary balance, excluding interest recorded in South Africa?
- The highest recorded value was 72.23 billion current LCU in 2002.
- What is the lowest primary balance, excluding interest recorded in South Africa?
- The lowest recorded value was -110.39 billion current LCU in 2004.
- How does South Africa rank for primary balance, excluding interest?
- South Africa ranks 34th out of 50 countries with data for 2008.
- Is primary balance, excluding interest rising or falling in South Africa?
- Over the last ten years it is down 361.6%. 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 Primary balance, excluding interest (current LCU). Statizoid updates them automatically from the source API.
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About this data
Primary deficit, excluding interest (current LCU).