Budgets in AfricaCountry profiles

South Africa

CABRI member since: 2009
Region: Southern Africa
Currency: South African Rand (ZAR)
Population: 55.9 million
Capital: Bloemfontein (judicial) Cape Town (legislative) Pretoria (administrative)
Ministry website: www.treasury.go.za, www.dpme.gov.za
Fiscal year: April - March
Regional Economic Community: SADC

Key economic indicators
2012 2013 2014 2015 2016
GDP (constant 2010 ZAR[billions]) 2,901.08 2,973.29 3,023.83 3,063.1 3,071.66
GDP (current ZAR[billions]) 3,253.97 3,549.15 3,812.61 4,013.59 4,327.56
GDP growth (%) 2.21 2.49 1.7 1.3 0.28
GDP per capita (constant 2010 ZAR) 55,251.26 55,771.55 55,844.76 55,680.6 54,940.35
GDP per capita (current ZAR) 61,972.12 66,573.25 70,412.16 72,958.48 77,403.66
Inflation (CPI) (%) 5.62 5.76 6.09 4.58 6.34
General government revenue (% of GDP) 27.37 27.62 28.16 29.61 29.43
General government expenditure (% of GDP) 31.37 31.51 31.76 33.18 32.96
Budget balance (% of GDP) -4 -3.9 -3.6 -3.56 -3.53
Primary balance (% of GDP) -1.22 -0.92 -0.5 -0.26 -0.05
General government debt (% of GDP) 41 43.99 46.9 49.78 50.47