South Africa | Social contributions (% of revenue)

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 (% of revenue)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972 1.18361153
1973 1.17084827
1974 1.32968322
1975 1.20240481
1976 1.19958015
1977 1.13172786
1978 1.33988388
1979 1.22630992
1980 1.11126545
1981 1.15379818
1982 1.25006511
1983 1.24574791
1984 1.18229206
1985 1.16809031
1986 1.51186189
1987 1.97289017
1988 1.77247108
1989 1.84745716
1990 1.74696364
1991 1.70303848
1992 1.88806701
1993 1.7710298
1994 1.7362356
1995 2.03498517
1996 2.05665648
1997 2.17407593
1998 2.05592187
1999 1.9086995
2000 2.06644396
2001 1.86643513
2002 2.09857429
2003 2.36954565
2004 2.12444808
2005 2.035009
2006 2.00770682
2007 1.98496105
2008 2.04197262
2009 2.17312739
2010 2.07739172
2011 1.99142056
2012 2.20022046
2013 2.07857779
2014 2.02114663
2015 1.84732523
2016 1.95646292
2017 1.792013
2018 1.90164859
2019 1.99849955
2020 1.82709126
2021 1.24909123
2022

South Africa | Social contributions (% of revenue)

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