Total Expenditure (central government) — Value Standard Local Currency in South Africa
South Africa: Total Expenditure (central government) — Value Standard Local Currency was 1.39 million million SLC in 2023. ◆ Volatile
Total Expenditure (central government) — Value Standard Local Currency in South Africa, 2001–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
South Africa recorded 1.39 million million SLC for total expenditure (central government) — value standard local currency in 2023. That is the highest value across all 23 years on record.
That represents a change of up 4.9% on the previous year and up 121.7% over ten years.
Over the whole period, total expenditure (central government) — value standard local currency in South Africa peaked at 1.39 million million SLC in 2023 and was at its lowest, 163,210 million SLC, in 2001.
South Africa ranks 57th of 174 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Total Expenditure (central government) — Value Standard Local Currency in South Africa, year by year
| Year | million SLC | Change |
|---|---|---|
| 2001 | 163,210 million SLC | — |
| 2002 | 187,415 million SLC | +14.8% |
| 2003 | 201,385 million SLC | +7.5% |
| 2004 | 222,850 million SLC | +10.7% |
| 2005 | 242,350 million SLC | +8.8% |
| 2006 | 336,530 million SLC | +38.9% |
| 2007 | 370,105 million SLC | +10.0% |
| 2008 | 427,106 million SLC | +15.4% |
| 2009 | 476,014 million SLC | +11.5% |
| 2010 | 491,157 million SLC | +3.2% |
| 2011 | 558,328 million SLC | +13.7% |
| 2012 | 556,621 million SLC | -0.3% |
| 2013 | 629,284 million SLC | +13.1% |
| 2014 | 708,838 million SLC | +12.6% |
| 2015 | 768,781 million SLC | +8.5% |
| 2016 | 868,853 million SLC | +13.0% |
| 2017 | 903,857 million SLC | +4.0% |
| 2018 | 980,125 million SLC | +8.4% |
| 2019 | 1.03 million million SLC | +5.5% |
| 2020 | 1.17 million million SLC | +13.6% |
| 2021 | 1.28 million million SLC | +9.2% |
| 2022 | 1.33 million million SLC | +3.7% |
| 2023 | 1.39 million million SLC | +4.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 291,885 million SLC | 163,210 million SLC | 476,014 million SLC | 9 |
| 2010s | 749,990 million SLC | 491,157 million SLC | 1.03 million million SLC | 10 |
| 2020s | 1.30 million million SLC | 1.17 million million SLC | 1.39 million million SLC | 4 |
Countries ranked near South Africa
- 54 Iceland 1.57 million million SLC compare
- 55 Congo 1.56 million million SLC compare
- 56 Dominican Republic 1.45 million million SLC compare
- 58 Jamaica 1.39 million million SLC compare
- 59 Saudi Arabia 1.37 million million SLC compare
- 60 Equatorial Guinea 1.24 million million SLC 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)
- 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 total expenditure (central government) — value standard local currency in South Africa?
- Total expenditure (central government) — value standard local currency in South Africa was 1.39 million million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest total expenditure (central government) — value standard local currency recorded in South Africa?
- The highest recorded value was 1.39 million million SLC in 2023.
- What is the lowest total expenditure (central government) — value standard local currency recorded in South Africa?
- The lowest recorded value was 163,210 million SLC in 2001.
- How does South Africa rank for total expenditure (central government) — value standard local currency?
- South Africa ranks 57th out of 174 countries with data for 2023.
- Is total expenditure (central government) — value standard local currency rising or falling in South Africa?
- Over the last ten years it is up 121.7%. The long-run trend across the full record is volatile.
- Where does this South Africa data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Total Expenditure (central government) — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 23 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The Statistics Division of FAO collects annually data on Government Expenditure on Agriculture through a questionnaire, which was developed in partnership with the International Monetary Fund (IMF). The IMF is the responsible institution for the Government Finance Statistics (GFS) methodology and annually collects GFS data, including Expenditure by Functions of Government (COFOG). The Classification of the Functions of Government (COFOG) is an international classification developed by Organisation for Economic Co-operation and Development (OECD) and published by the United Nations Statistical Division (UNSD), with the aim of categorise governments' functions according to their purposes. The FAO questionnaire aligns with Table 7 of the IMF GFS questionnaire, replicates the relevant aggregates and drills down to request additional detail related to Agriculture. The FAO dataset consists of a time series, from 2001 onwards, of Total Government Expenditure and expenditure in: Agriculture, Forestry, Fishing and Hunting, along with its three disaggregated subsectors of Agriculture, Forestry and Fishing; and Environmental Protection. In addition, expenditure in each detailed function are further disaggregated into Recurrent and Capital expenditure. Additional indicators include the Agriculture Share of Government Expenditure, and the Agriculture Orientation Index (ratio between the Agriculture Share of Government Expenditure and the Agriculture Value Added as Share of GDP). Data are reported for the highest level of government available (Consolidated general government, consolidated central government or budgetary central government) and are available for about 100 countries on a regular basis.