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