South Africa | Tax revenue (% of GDP)
Tax revenue refers to compulsory transfers to the central government for public purposes. Certain compulsory transfers such as fines, penalties, and most social security contributions are excluded. Refunds and corrections of erroneously collected tax revenue are treated as negative revenue. 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 | Tax revenue (% of GDP)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
15.02706145 1972
15.66954035 1973
15.50688049 1974
16.28742515 1975
16.21160886 1976
17.11741425 1977
17.34111775 1978
17.64883195 1979
17.79657366 1980
17.06284638 1981
18.12792144 1982
17.9500098 1983
19.10036979 1984
20.81317565 1985
20.11717119 1986
19.90587637 1987
20.83862125 1988
23.18883537 1989
21.18745151 1990
20.99614293 1991
18.87998931 1992
19.86883596 1993
19.60437432 1994
20.29552602 1995
20.98463648 1996
21.24983956 1997
21.96394314 1998
21.75993124 1999
20.97606325 2000
21.70059143 2001
20.82489277 2002
20.49276709 2003
21.69859607 2004
22.97211118 2005
24.37808538 2006
24.80723728 2007
24.32280987 2008
21.8948743 2009
22.52060388 2010
22.87467001 2011
23.34576599 2012
23.83139136 2013
24.43193422 2014
25.0486927 2015
24.82835599 2016
24.76928729 2017
24.89489407 2018
24.86734533 2019
23.24316118 2020
25.84779254 2021
2022
South Africa | Tax revenue (% of GDP)
Tax revenue refers to compulsory transfers to the central government for public purposes. Certain compulsory transfers such as fines, penalties, and most social security contributions are excluded. Refunds and corrections of erroneously collected tax revenue are treated as negative revenue. 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