Subsidies in South Africa
South Africa: Subsidies was 13.10 billion current LCU; from SNA in 2010. ▲ Rising
Subsidies in South Africa, 2002–2010
Source: World Bank national accounts data, and OECD National Accounts data files. Measured in current LCU; from SNA.
Analysis
In 2010, subsidies in South Africa stood at 13.10 billion current LCU; from SNA. That is the highest value across all 9 years on record.
Compared with earlier readings it is up 102.1% on the previous year and up 206.8% over ten years.
Over the whole period, subsidies in South Africa peaked at 13.10 billion current LCU; from SNA in 2010 and was at its lowest, 2.78 billion current LCU; from SNA, in 2004.
South Africa ranks 8th of 24 countries on this measure, in the middle of the range.
Subsidies in South Africa, year by year
| Year | current LCU; from SNA | Change |
|---|---|---|
| 2002 | 4.27 billion current LCU; from SNA | — |
| 2003 | 3.68 billion current LCU; from SNA | -13.8% |
| 2004 | 2.78 billion current LCU; from SNA | -24.6% |
| 2005 | 5.65 billion current LCU; from SNA | +103.6% |
| 2006 | 8.41 billion current LCU; from SNA | +48.8% |
| 2007 | 6.18 billion current LCU; from SNA | -26.5% |
| 2008 | 11.30 billion current LCU; from SNA | +82.9% |
| 2009 | 6.48 billion current LCU; from SNA | -42.6% |
| 2010 | 13.10 billion current LCU; from SNA | +102.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.09 billion current LCU; from SNA | 2.78 billion current LCU; from SNA | 11.30 billion current LCU; from SNA | 8 |
| 2010s | 13.10 billion current LCU; from SNA | 13.10 billion current LCU; from SNA | 13.10 billion current LCU; from SNA | 1 |
Countries ranked near South Africa
More economy & growth data for South Africa
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.4836 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.4 Percent per annum (2029)
- GDP (constant 2015 US$), annual growth rate 1.11 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.8659 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 5,713 constant 2015 US$ per person (2025)
- GDP (constant LCU), annual growth rate 1.11 % change on previous year (2025)
- GDP (constant LCU), per unit of GDP 11.04 constant LCU per US$ of GDP (2025)
- GDP (constant LCU), per capita 72,846 constant LCU per person (2025)
- Gross domestic savings (current US$), annual growth rate 0.5972 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.1528 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is subsidies in South Africa?
- Subsidies in South Africa was 13.10 billion current LCU; from SNA in 2010, according to World Bank national accounts data, and OECD National Accounts data files.
- What is the highest subsidies recorded in South Africa?
- The highest recorded value was 13.10 billion current LCU; from SNA in 2010.
- What is the lowest subsidies recorded in South Africa?
- The lowest recorded value was 2.78 billion current LCU; from SNA in 2004.
- How does South Africa rank for subsidies?
- South Africa ranks 8th out of 24 countries with data for 2010.
- Is subsidies rising or falling in South Africa?
- Over the last ten years it is up 206.8%. The long-run trend across the full record is rising.
- Where does this South Africa data come from?
- The figures come from World Bank national accounts data, and OECD National Accounts data files, published as part of Subsidies (current LCU; from SNA). Statizoid updates them automatically from the source API.
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About this data
Subsidies are current unrequited payments that government units make to enterprises, resident producers and importers. Subsidies may be designed to influence enterprises level or type of production, or the prices at which the products are sold. (Capital grants are in the national accounts classified as capital transfers.) Subsidies consists of ‘subsidies on products’, subsidies payable per unit of a good or a service, and ‘other subsidies on production’, which cover all other subsidies enterprises receives as a consequence of engaging in production. Data are in current local currency.