Taxes less subsidies on products in South Africa
South Africa: Taxes less subsidies on products was 765.44 billion current LCU in 2025. ◆ Volatile
Taxes less subsidies on products in South Africa, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
South Africa recorded 765.44 billion current LCU for taxes less subsidies on products in 2025. That is the highest value across all 66 years on record.
That represents a change of up 5.3% on the previous year and up 74.3% over ten years.
Over the whole period, taxes less subsidies on products in South Africa peaked at 765.44 billion current LCU in 2025 and was at its lowest, 262.00 million current LCU, in 1961.
South Africa ranks 48th of 199 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products in South Africa, year by year
| Year | current LCU | Change |
|---|---|---|
| 1960 | 270.00 million current LCU | — |
| 1961 | 262.00 million current LCU | -3.0% |
| 1962 | 283.00 million current LCU | +8.0% |
| 1963 | 316.00 million current LCU | +11.7% |
| 1964 | 368.00 million current LCU | +16.5% |
| 1965 | 378.00 million current LCU | +2.7% |
| 1966 | 410.00 million current LCU | +8.5% |
| 1967 | 464.00 million current LCU | +13.2% |
| 1968 | 522.00 million current LCU | +12.5% |
| 1969 | 683.00 million current LCU | +30.8% |
| 1970 | 771.00 million current LCU | +12.9% |
| 1971 | 864.00 million current LCU | +12.1% |
| 1972 | 932.00 million current LCU | +7.9% |
| 1973 | 1.08 billion current LCU | +16.2% |
| 1974 | 1.22 billion current LCU | +12.7% |
| 1975 | 1.42 billion current LCU | +15.9% |
| 1976 | 1.67 billion current LCU | +17.7% |
| 1977 | 2.08 billion current LCU | +24.8% |
| 1978 | 2.56 billion current LCU | +23.3% |
| 1979 | 3.12 billion current LCU | +21.9% |
| 1980 | 3.76 billion current LCU | +20.3% |
| 1981 | 4.61 billion current LCU | +22.8% |
| 1982 | 6.28 billion current LCU | +36.0% |
| 1983 | 6.79 billion current LCU | +8.2% |
| 1984 | 8.56 billion current LCU | +26.0% |
| 1985 | 10.26 billion current LCU | +19.8% |
| 1986 | 12.13 billion current LCU | +18.3% |
| 1987 | 13.99 billion current LCU | +15.4% |
| 1988 | 18.70 billion current LCU | +33.6% |
| 1989 | 24.13 billion current LCU | +29.1% |
| 1990 | 26.66 billion current LCU | +10.5% |
| 1991 | 28.57 billion current LCU | +7.2% |
| 1992 | 28.67 billion current LCU | +0.3% |
| 1993 | 35.29 billion current LCU | +23.1% |
| 1994 | 41.97 billion current LCU | +18.9% |
| 1995 | 47.75 billion current LCU | +13.8% |
| 1996 | 52.48 billion current LCU | +9.9% |
| 1997 | 58.56 billion current LCU | +11.6% |
| 1998 | 67.55 billion current LCU | +15.3% |
| 1999 | 74.81 billion current LCU | +10.7% |
| 2000 | 83.93 billion current LCU | +12.2% |
| 2001 | 91.79 billion current LCU | +9.4% |
| 2002 | 105.39 billion current LCU | +14.8% |
| 2003 | 117.39 billion current LCU | +11.4% |
| 2004 | 144.67 billion current LCU | +23.2% |
| 2005 | 170.01 billion current LCU | +17.5% |
| 2006 | 197.33 billion current LCU | +16.1% |
| 2007 | 225.16 billion current LCU | +14.1% |
| 2008 | 233.71 billion current LCU | +3.8% |
| 2009 | 229.72 billion current LCU | -1.7% |
| 2010 | 254.03 billion current LCU | +10.6% |
| 2011 | 291.93 billion current LCU | +14.9% |
| 2012 | 329.90 billion current LCU | +13.0% |
| 2013 | 366.27 billion current LCU | +11.0% |
| 2014 | 395.08 billion current LCU | +7.9% |
| 2015 | 439.04 billion current LCU | +11.1% |
| 2016 | 470.71 billion current LCU | +7.2% |
| 2017 | 485.74 billion current LCU | +3.2% |
| 2018 | 533.59 billion current LCU | +9.9% |
| 2019 | 567.04 billion current LCU | +6.3% |
| 2020 | 526.88 billion current LCU | -7.1% |
| 2021 | 614.29 billion current LCU | +16.6% |
| 2022 | 676.01 billion current LCU | +10.0% |
| 2023 | 716.46 billion current LCU | +6.0% |
| 2024 | 726.87 billion current LCU | +1.5% |
| 2025 | 765.44 billion current LCU | +5.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 395.60 million current LCU | 262.00 million current LCU | 683.00 million current LCU | 10 |
| 1970s | 1.57 billion current LCU | 771.00 million current LCU | 3.12 billion current LCU | 10 |
| 1980s | 10.92 billion current LCU | 3.76 billion current LCU | 24.13 billion current LCU | 10 |
| 1990s | 46.23 billion current LCU | 26.66 billion current LCU | 74.81 billion current LCU | 10 |
| 2000s | 159.91 billion current LCU | 83.93 billion current LCU | 233.71 billion current LCU | 10 |
| 2010s | 413.33 billion current LCU | 254.03 billion current LCU | 567.04 billion current LCU | 10 |
| 2020s | 670.99 billion current LCU | 526.88 billion current LCU | 765.44 billion current LCU | 6 |
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)
- Gross capital formation (current US$), annual growth rate 4.99 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.1387 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 915.19 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate 2.47 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 2.48 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 16,372 current LCU per person (2025)
- Gross capital formation (constant 2015 US$), annual growth rate 0.7139 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1196 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is taxes less subsidies on products in South Africa?
- Taxes less subsidies on products in South Africa was 765.44 billion current LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest taxes less subsidies on products recorded in South Africa?
- The highest recorded value was 765.44 billion current LCU in 2025.
- What is the lowest taxes less subsidies on products recorded in South Africa?
- The lowest recorded value was 262.00 million current LCU in 1961.
- How does South Africa rank for taxes less subsidies on products?
- South Africa ranks 48th out of 199 countries with data for 2025.
- Is taxes less subsidies on products rising or falling in South Africa?
- Over the last ten years it is up 74.3%. The long-run trend across the full record is volatile.
- Where does this South Africa data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Taxes less subsidies on products (current LCU). Statizoid updates them automatically from the source API.
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About this data
Taxes less subsidies on products are taxes payable per unit of a good or service. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.