South Africa | Goods and services expense (% of expense)
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Own-account capital formation is excluded. Limitations and exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries. Statistical concept and methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.
Publisher
The World Bank
Origin
Republic of South Africa
Records
63
Source
South Africa | Goods and services expense (% of expense)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
19.25188744 1972
21.22343481 1973
24.68971631 1974
25.27728086 1975
27.05882353 1976
27.74862064 1977
25.12880562 1978
26.86027183 1979
26.75987644 1980
25.73927802 1981
23.88237118 1982
23.11305071 1983
23.36217553 1984
25.01231206 1985
1986
1987
32.03411879 1988
28.43973233 1989
27.1518063 1990
26.92361402 1991
7.27682882 1992
6.37751646 1993
7.45326605 1994
9.45141085 1995
8.99684363 1996
8.66226439 1997
8.25838472 1998
10.15353666 1999
11.26462446 2000
12.2644069 2001
11.98985767 2002
12.2078245 2003
11.94141688 2004
11.96587739 2005
10.76038283 2006
11.12645196 2007
11.75810056 2008
12.10373884 2009
12.35627282 2010
10.87252806 2011
10.19862933 2012
11.12544576 2013
12.80121935 2014
12.80834353 2015
10.99587822 2016
11.14928247 2017
10.0380682 2018
9.924378 2019
8.35568488 2020
8.96551631 2021
2022
South Africa | Goods and services expense (% of expense)
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Own-account capital formation is excluded. Limitations and exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries. Statistical concept and methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.
Publisher
The World Bank
Origin
Republic of South Africa
Records
63
Source