South Africa | Taxes on goods and services (% of revenue)
Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies. 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 | Taxes on goods and services (% of revenue)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
23.67223065 1972
21.33811231 1973
17.83339851 1974
19.77287909 1975
22.13225371 1976
22.21344914 1977
25.69227334 1978
26.5328874 1979
25.06598139 1980
27.31071473 1981
29.03797073 1982
30.25650455 1983
33.70854423 1984
32.81518819 1985
31.82588435 1986
33.9290688 1987
34.69853159 1988
33.9068407 1989
34.88199534 1990
34.07589223 1991
33.30180926 1992
37.27838551 1993
38.42680324 1994
36.77077881 1995
35.09494953 1996
35.57075737 1997
35.07296976 1998
34.60368584 1999
34.53339618 2000
33.10369124 2001
33.7110509 2002
35.2897226 2003
36.18983384 2004
35.19110029 2005
34.42615557 2006
33.68098629 2007
31.34882374 2008
32.08366476 2009
34.75043203 2010
33.40211976 2011
34.16862242 2012
33.55498094 2013
32.77359236 2014
33.29289062 2015
32.81748621 2016
32.43601607 2017
34.16737014 2018
33.78481919 2019
33.12854604 2020
33.56100673 2021
2022
South Africa | Taxes on goods and services (% of revenue)
Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies. 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