Taxes less subsidies on products (current US$) in South Africa
South Africa: Taxes less subsidies on products (current US$) was 42.79 billion current US$ in 2025. ◆ Volatile
Latest (2025)
42.79 billion current US$
Change on year
up 7.9%
World rank
28th
of 199 countries
All-time high
42.79 billion current US$
in 2025
All-time low
366.80 million current US$
in 1961
Years of data
66
1960–2025
Taxes less subsidies on products in South Africa, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
South Africa recorded 42.79 billion current US$ for taxes less subsidies on products in 2025. That is the highest value across all 66 years on record.
Compared with earlier readings it is up 7.9% on the previous year and up 24.3% over ten years.
Over the whole period, taxes less subsidies on products in South Africa peaked at 42.79 billion current US$ in 2025 and was at its lowest, 366.80 million current US$, in 1961.
That places South Africa 28th out of 199 countries with data for 2025, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products (current US$) in South Africa, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 378.00 million current US$ | — |
| 1961 | 366.80 million current US$ | -3.0% |
| 1962 | 396.20 million current US$ | +8.0% |
| 1963 | 442.40 million current US$ | +11.7% |
| 1964 | 515.20 million current US$ | +16.5% |
| 1965 | 529.20 million current US$ | +2.7% |
| 1966 | 574.00 million current US$ | +8.5% |
| 1967 | 649.60 million current US$ | +13.2% |
| 1968 | 730.80 million current US$ | +12.5% |
| 1969 | 956.20 million current US$ | +30.8% |
| 1970 | 1.08 billion current US$ | +12.9% |
| 1971 | 1.21 billion current US$ | +11.9% |
| 1972 | 1.21 billion current US$ | +0.4% |
| 1973 | 1.56 billion current US$ | +28.7% |
| 1974 | 1.80 billion current US$ | +15.1% |
| 1975 | 1.91 billion current US$ | +6.5% |
| 1976 | 1.92 billion current US$ | +0.1% |
| 1977 | 2.39 billion current US$ | +24.8% |
| 1978 | 2.95 billion current US$ | +23.3% |
| 1979 | 3.71 billion current US$ | +25.9% |
| 1980 | 4.83 billion current US$ | +30.0% |
| 1981 | 5.26 billion current US$ | +9.0% |
| 1982 | 5.78 billion current US$ | +10.0% |
| 1983 | 6.10 billion current US$ | +5.5% |
| 1984 | 5.80 billion current US$ | -4.8% |
| 1985 | 4.60 billion current US$ | -20.7% |
| 1986 | 5.31 billion current US$ | +15.4% |
| 1987 | 6.87 billion current US$ | +29.5% |
| 1988 | 8.22 billion current US$ | +19.6% |
| 1989 | 9.20 billion current US$ | +11.9% |
| 1990 | 10.31 billion current US$ | +12.0% |
| 1991 | 10.35 billion current US$ | +0.4% |
| 1992 | 10.05 billion current US$ | -2.8% |
| 1993 | 10.80 billion current US$ | +7.4% |
| 1994 | 11.82 billion current US$ | +9.5% |
| 1995 | 13.16 billion current US$ | +11.4% |
| 1996 | 12.21 billion current US$ | -7.3% |
| 1997 | 12.71 billion current US$ | +4.1% |
| 1998 | 12.22 billion current US$ | -3.9% |
| 1999 | 12.24 billion current US$ | +0.2% |
| 2000 | 12.09 billion current US$ | -1.2% |
| 2001 | 10.66 billion current US$ | -11.8% |
| 2002 | 10.00 billion current US$ | -6.2% |
| 2003 | 15.52 billion current US$ | +55.2% |
| 2004 | 22.40 billion current US$ | +44.3% |
| 2005 | 26.73 billion current US$ | +19.4% |
| 2006 | 29.14 billion current US$ | +9.0% |
| 2007 | 31.96 billion current US$ | +9.7% |
| 2008 | 28.29 billion current US$ | -11.5% |
| 2009 | 27.11 billion current US$ | -4.2% |
| 2010 | 34.70 billion current US$ | +28.0% |
| 2011 | 40.20 billion current US$ | +15.9% |
| 2012 | 40.18 billion current US$ | -0.1% |
| 2013 | 37.95 billion current US$ | -5.5% |
| 2014 | 36.43 billion current US$ | -4.0% |
| 2015 | 34.43 billion current US$ | -5.5% |
| 2016 | 32.00 billion current US$ | -7.1% |
| 2017 | 36.49 billion current US$ | +14.0% |
| 2018 | 40.32 billion current US$ | +10.5% |
| 2019 | 39.25 billion current US$ | -2.7% |
| 2020 | 32.01 billion current US$ | -18.4% |
| 2021 | 41.57 billion current US$ | +29.8% |
| 2022 | 41.33 billion current US$ | -0.6% |
| 2023 | 38.83 billion current US$ | -6.0% |
| 2024 | 39.66 billion current US$ | +2.1% |
| 2025 | 42.79 billion current US$ | +7.9% |
South Africa compared with similar countries
- South Africa's 42.79 billion current US$ is above the median for upper middle income countries, which is 3.44 billion current US$, 12.5× the median. (55 countries reporting)
- South Africa's 42.79 billion current US$ is above the median for Sub-Saharan Africa, which is 1.04 billion current US$, 41.0× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 553.84 million current US$ | 366.80 million current US$ | 956.20 million current US$ | 10 |
| 1970s | 1.97 billion current US$ | 1.08 billion current US$ | 3.71 billion current US$ | 10 |
| 1980s | 6.20 billion current US$ | 4.60 billion current US$ | 9.20 billion current US$ | 10 |
| 1990s | 11.59 billion current US$ | 10.05 billion current US$ | 13.16 billion current US$ | 10 |
| 2000s | 21.39 billion current US$ | 10.00 billion current US$ | 31.96 billion current US$ | 10 |
| 2010s | 37.20 billion current US$ | 32.00 billion current US$ | 40.32 billion current US$ | 10 |
| 2020s | 39.36 billion current US$ | 32.01 billion current US$ | 42.79 billion current US$ | 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)
- SDRs holdings, US dollar, annual growth rate 6.87 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0145 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 95.75 units per person (2025)
- SDRs holdings, SDR, annual growth rate 1.77 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0106 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 69.91 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -28.9 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0077 units 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 42.79 billion current US$ 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 42.79 billion current US$ in 2025.
- What is the lowest taxes less subsidies on products recorded in South Africa?
- The lowest recorded value was 366.80 million current US$ in 1961.
- How does South Africa rank for taxes less subsidies on products?
- South Africa ranks 28th 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 24.3%. 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 US$). 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 indicator is expressed in United States dollars.