Subsidies in South Africa

South Africa: Subsidies was 1.79 billion current US$ in 2010. ▲ Rising

Latest (2010)
1.79 billion current US$
Change on year
up 133.9%
Rank
2nd
of 24 groups
All-time high
1.79 billion current US$
in 2010
All-time low
405.19 million current US$
in 2002
Years of data
9
2002–2010

Subsidies in South Africa, 2002–2010

500.0M1.0B1.5B2.0B2002200620102002: 405.2M current US$2003: 486.9M current US$2004: 429.7M current US$2005: 888.8M current US$2006: 1.2B current US$2007: 876.9M current US$2008: 1.4B current US$2009: 765.0M current US$2010: 1.8B current US$

Source: World Bank country economists. Measured in current US$.

Analysis

In 2010, subsidies in South Africa stood at 1.79 billion current US$. That is the highest value across all 9 years on record.

That represents a change of up 133.9% on the previous year and up 341.7% over ten years.

Over the whole period, subsidies in South Africa peaked at 1.79 billion current US$ in 2010 and was at its lowest, 405.19 million current US$, in 2002.

South Africa ranks 2nd of 24 groups on this measure, in the top 10%.

Averages by decade

DecadeAverage LowestHighest Years
2000s 807.78 million current US$ 405.19 million current US$ 1.37 billion current US$ 8
2010s 1.79 billion current US$ 1.79 billion current US$ 1.79 billion current US$ 1

Countries ranked near South Africa

  1. 1 Morocco 5.56 billion current US$ compare
  2. 3 Senegal 684.89 million current US$ compare
  3. 4 Nigeria 246.03 million current US$ compare
  4. 5 Botswana 80.04 million current US$ compare

See the full ranking of 24 places →

More economy & growth data for South Africa

All data for South Africa →

Frequently asked questions

What is subsidies in South Africa?
Subsidies in South Africa was 1.79 billion current US$ in 2010, according to World Bank country economists.
What is the highest subsidies recorded in South Africa?
The highest recorded value was 1.79 billion current US$ in 2010.
What is the lowest subsidies recorded in South Africa?
The lowest recorded value was 405.19 million current US$ in 2002.
How does South Africa rank for subsidies?
South Africa ranks 2nd out of 24 groups with data for 2010.
Is subsidies rising or falling in South Africa?
Over the last ten years it is up 341.7%. The long-run trend across the full record is rising.
Where does this South Africa data come from?
The figures come from World Bank country economists, published as part of Subsidies (current US$). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 9 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Subsidies (current US$)
Unit
current US$
Source
World Bank country economists
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
24 places, 507 data points, 1965–2011
Last refreshed

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 U.S. dollars.