South Africa | Net lending (+) / net borrowing (-) (% of GDP)
Net lending (+) / net borrowing (–) equals government revenue minus expense, minus net investment in nonfinancial assets. It is also equal to the net result of transactions in financial assets and liabilities. Net lending/net borrowing is a summary measure indicating the extent to which government is either putting financial resources at the disposal of other sectors in the economy or abroad, or utilizing the financial resources generated by other sectors in the economy or from abroad. 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 | Net lending (+) / net borrowing (-) (% of GDP)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972 -0.32367611
1973 1.08738032
1974 0.07467198
1975 -1.03057044
1976 -2.16024369
1977 -1.73279886
1978 -1.01167662
1979 -0.80067822
1980 1.27805621
1981 -1.01298034
1982 -1.89008963
1983 -3.83743387
1984 -3.10126431
1985 -2.73494873
1986 -4.64031309
1987 -5.00534215
1988 -4.28998088
1989 -0.59351788
1990 -3.15245288
1991 -3.20833557
1992 -7.77388869
1993 -8.07867935
1994 -4.8411955
1995 -4.80429606
1996 -4.66611163
1997 -3.36195801
1998 -2.64728819
1999 -1.59283272
2000 -1.71684047
2001 -0.80192766
2002 -1.39209881
2003 -2.26456369
2004 -1.68236664
2005 -0.16183983
2006 0.78178692
2007 0.92467992
2008 -0.58909551
2009 -4.46450848
2010 -4.44267266
2011 -5.4620633
2012 -4.23209309
2013 -4.18299311
2014 -3.43956151
2015 -4.56437664
2016 -3.46049874
2017 -4.65754448
2018 -5.69551397
2019 -5.75192704
2020 -9.87360786
2021 -5.11197169
2022
South Africa | Net lending (+) / net borrowing (-) (% of GDP)
Net lending (+) / net borrowing (–) equals government revenue minus expense, minus net investment in nonfinancial assets. It is also equal to the net result of transactions in financial assets and liabilities. Net lending/net borrowing is a summary measure indicating the extent to which government is either putting financial resources at the disposal of other sectors in the economy or abroad, or utilizing the financial resources generated by other sectors in the economy or from abroad. 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