Taxes less subsidies on products (constant LCU), annual growth rate in South Africa
South Africa: Taxes less subsidies on products (constant LCU), annual growth rate was 1.14 % change on previous year in 2025. ◆ Volatile
Latest (2025)
1.14 % change on previous year
Change on year
up 17.5%
World rank
148th
of 188 countries
All-time high
22.19 % change on previous year
in 1967
All-time low
-9.71 % change on previous year
in 2020
Years of data
65
1961–2025
Taxes less subsidies on products (constant LCU), annual growth rate in South Africa, 1961–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for taxes less subsidies on products (constant lcu), annual growth rate in South Africa is 1.14 % change on previous year, measured in 2025.
Compared with earlier readings it is up 17.5% on the previous year and down 60.9% over ten years.
Over the whole period, taxes less subsidies on products (constant lcu), annual growth rate in South Africa peaked at 22.19 % change on previous year in 1967 and was at its lowest, -9.71 % change on previous year, in 2020.
South Africa ranks 148th of 188 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products (constant LCU), annual growth rate in South Africa, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 2.3 % change on previous year | — |
| 1962 | 6.84 % change on previous year | +197.0% |
| 1963 | 17.29 % change on previous year | +152.9% |
| 1964 | 17.62 % change on previous year | +1.9% |
| 1965 | 10.2 % change on previous year | -42.1% |
| 1966 | 4.52 % change on previous year | -55.7% |
| 1967 | 22.19 % change on previous year | +390.9% |
| 1968 | -1.01 % change on previous year | -104.6% |
| 1969 | -4.65 % change on previous year | +358.0% |
| 1970 | 6.29 % change on previous year | -235.3% |
| 1971 | 3.31 % change on previous year | -47.4% |
| 1972 | -1.57 % change on previous year | -147.3% |
| 1973 | 13.62 % change on previous year | -970.1% |
| 1974 | 14.13 % change on previous year | +3.8% |
| 1975 | -1.43 % change on previous year | -110.1% |
| 1976 | -4.19 % change on previous year | +192.3% |
| 1977 | -0.9284 % change on previous year | -77.8% |
| 1978 | 4.87 % change on previous year | -624.3% |
| 1979 | 2.38 % change on previous year | -51.1% |
| 1980 | 11.92 % change on previous year | +401.4% |
| 1981 | 9.1 % change on previous year | -23.7% |
| 1982 | 2.68 % change on previous year | -70.6% |
| 1983 | 1.46 % change on previous year | -45.5% |
| 1984 | 3.79 % change on previous year | +159.6% |
| 1985 | -9.43 % change on previous year | -348.6% |
| 1986 | 0.104 % change on previous year | -101.1% |
| 1987 | 7.8 % change on previous year | +7402.0% |
| 1988 | 8.24 % change on previous year | +5.6% |
| 1989 | 1.83 % change on previous year | -77.8% |
| 1990 | 3.9 % change on previous year | +112.9% |
| 1991 | -0.0912 % change on previous year | -102.3% |
| 1992 | -1.42 % change on previous year | +1458.2% |
| 1993 | -0.2765 % change on previous year | -80.5% |
| 1994 | 5.8 % change on previous year | -2198.3% |
| 1995 | 4.68 % change on previous year | -19.3% |
| 1996 | 4.85 % change on previous year | +3.5% |
| 1997 | 2.98 % change on previous year | -38.5% |
| 1998 | -0.9919 % change on previous year | -133.3% |
| 1999 | -0.4637 % change on previous year | -53.3% |
| 2000 | 1.54 % change on previous year | -432.1% |
| 2001 | 1.4 % change on previous year | -9.3% |
| 2002 | 2.71 % change on previous year | +94.2% |
| 2003 | 2.64 % change on previous year | -2.7% |
| 2004 | 4.92 % change on previous year | +86.6% |
| 2005 | 4.82 % change on previous year | -2.1% |
| 2006 | 6.27 % change on previous year | +30.2% |
| 2007 | 4.91 % change on previous year | -21.7% |
| 2008 | 2.43 % change on previous year | -50.5% |
| 2009 | -2.38 % change on previous year | -197.7% |
| 2010 | 3.99 % change on previous year | -268.0% |
| 2011 | 3.91 % change on previous year | -2.0% |
| 2012 | 3.55 % change on previous year | -9.3% |
| 2013 | 2.27 % change on previous year | -36.1% |
| 2014 | 0.3061 % change on previous year | -86.5% |
| 2015 | 2.91 % change on previous year | +851.1% |
| 2016 | -0.7995 % change on previous year | -127.5% |
| 2017 | 1.13 % change on previous year | -241.7% |
| 2018 | 0.7928 % change on previous year | -30.0% |
| 2019 | 0.6381 % change on previous year | -19.5% |
| 2020 | -9.71 % change on previous year | -1621.3% |
| 2021 | 8.07 % change on previous year | -183.2% |
| 2022 | 1.44 % change on previous year | -82.2% |
| 2023 | 1.39 % change on previous year | -3.6% |
| 2024 | 0.9683 % change on previous year | -30.2% |
| 2025 | 1.14 % change on previous year | +17.5% |
South Africa compared with similar countries
- South Africa's 1.14 % change on previous year is below the median for upper middle income countries, which is 4.16 % change on previous year, 27% of the median. (54 countries reporting)
- South Africa's 1.14 % change on previous year is below the median for Sub-Saharan Africa, which is 4.62 % change on previous year, 25% of the median. (46 countries reporting)
Biggest year-on-year movements
Years where Taxes less subsidies on products (constant LCU), annual growth rate in South Africa changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1987 | +7402.0% | 0.104 % change on previous year | 7.8 % change on previous year |
| 1994 | +2198.3% | -0.2765 % change on previous year | 5.8 % change on previous year |
| 2020 | -1621.3% | 0.6381 % change on previous year | -9.71 % change on previous year |
| 1992 | -1458.2% | -0.0912 % change on previous year | -1.42 % change on previous year |
| 1973 | +970.1% | -1.57 % change on previous year | 13.62 % change on previous year |
| 2015 | +851.1% | 0.3061 % change on previous year | 2.91 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 8.37 % change on previous year | -4.65 % change on previous year | 22.19 % change on previous year | 9 |
| 1970s | 3.65 % change on previous year | -4.19 % change on previous year | 14.13 % change on previous year | 10 |
| 1980s | 3.75 % change on previous year | -9.43 % change on previous year | 11.92 % change on previous year | 10 |
| 1990s | 1.9 % change on previous year | -1.42 % change on previous year | 5.8 % change on previous year | 10 |
| 2000s | 2.93 % change on previous year | -2.38 % change on previous year | 6.27 % change on previous year | 10 |
| 2010s | 1.87 % change on previous year | -0.7995 % change on previous year | 3.99 % change on previous year | 10 |
| 2020s | 0.5499 % change on previous year | -9.71 % change on previous year | 8.07 % change on previous year | 6 |
Countries ranked near South Africa
- 145 Denmark 1.21 % change on previous year compare
- 146 United Kingdom 1.2 % change on previous year compare
- 147 Tunisia 1.16 % change on previous year compare
- 149 Bermuda 1.09 % change on previous year compare
- 150 Burundi 1.07 % change on previous year compare
- 151 Israel 1.05 % change on previous year compare
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps -4.01 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0094 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -61.95 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -2.16 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -192.73 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0051 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -33.37 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 16.18 % change on previous year (2025)
Frequently asked questions
- What is taxes less subsidies on products (constant lcu), annual growth rate in South Africa?
- Taxes less subsidies on products (constant lcu), annual growth rate in South Africa was 1.14 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (constant lcu), annual growth rate recorded in South Africa?
- The highest recorded value was 22.19 % change on previous year in 1967.
- What is the lowest taxes less subsidies on products (constant lcu), annual growth rate recorded in South Africa?
- The lowest recorded value was -9.71 % change on previous year in 2020.
- How does South Africa rank for taxes less subsidies on products (constant lcu), annual growth rate?
- South Africa ranks 148th out of 188 countries with data for 2025.
- Is taxes less subsidies on products (constant lcu), annual growth rate rising or falling in South Africa?
- Over the last ten years it is down 60.9%. The long-run trend across the full record is volatile.
- Where does this South Africa data come from?
- The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 65 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Taxes less subsidies on products (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Taxes less subsidies on products (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.