South Africa | Social contributions (current LCU)

Social contributions include social security contributions by employees, employers, and self-employed individuals, and other contributions whose source cannot be determined. They also include actual or imputed contributions to social insurance schemes operated by governments. 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 | Social contributions (current LCU)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
39000000 1972
49000000 1973
68000000 1974
72000000 1975
80000000 1976
86000000 1977
120000000 1978
132000000 1979
160000000 1980
185000000 1981
240000000 1982
271000000 1983
313000000 1984
387000000 1985
571000000 1986
850000000 1987
956000000 1988
1339000000 1989
1342000000 1990
1464000000 1991
1677000000 1992
1878000000 1993
2034000000 1994
2799000000 1995
3324000000 1996
3917000000 1997
4122000000 1998
4274000000 1999
5041400000 2000
5245000000 2001
6506000000 2002
8042700000 2003
8473000000 2004
9633000000 2005
11129000000 2006
12721000000 2007
14380000000 2008
15265107702 2009
16266016000 2010
17262559000 2011
20873854000 2012
22096103000 2013
24186429000 2014
24268178000 2015
27109152000 2016
26362863083 2017
28974567516 2018
32523875732 2019
28376080429 2020
22701594497 2021
2022

South Africa | Social contributions (current LCU)

Social contributions include social security contributions by employees, employers, and self-employed individuals, and other contributions whose source cannot be determined. They also include actual or imputed contributions to social insurance schemes operated by governments. 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