Budgets in AfricaCountry profiles

South Africa

CABRI member since: 2009
Region: Southern Africa
Currency: South African Rand (ZAR)
Population: 54.9 million
Capital: Bloemfontein (judicial) Cape Town (legislative) Pretoria (administrative)
Finance minister: Pravin Gordhan
Ministry website: www.treasury.go.za
Fiscal year: April - March
Regional Economic Community: SADC

Key economic indicators
2011 2012 2013 2014 2015
GDP (current ZAR[billions]) 3,024.95 3,262.55 3,534.33 3,797.07 3,990.95
GDP (%) 2,836.29 2,899.25 2,963.39 3,009.28 3,047.9
GDP growth (%) 3.21 2.22 2.21 1.55 1.28
GDP per capita (current ZAR) 55,016.9 55,390.47 55,747.86 55,725.4 55,459.74
GDP per capita (%) 58,676.53 62,331.3 66,488.46 70,313.45 72,619.56
Inflation (CPI) (%) 5 5.65 5.75 6.07 4.59
General government revenue (% of GDP) 27.02 27.18 27.62 28.2 29.66
General government expenditure (% of GDP) 30.88 31.28 31.66 31.98 33.71
Budget balance (% of GDP) -3.87 -4.1 -4.04 -3.78 -4.05
Primary balance (% of GDP) -1.22 -1.33 -1.06 -0.66 -0.74
General government debt (% of GDP) 38.21 40.89 44.17 47.09 50.06