South Africa Consolidated Budget Balance - Gross Domestic Product (GDP) Ratio
| Low | -4.9% |
-4.7%
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| Last release | Importance | Actual | Forecast |
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Consolidated Budget Balance - GDP Ratio reflects a change in the consolidated South African budget balance expressed as a percentage of the country's GDP.
The budget balance is the difference between budget income and expenditure. The consolidated budget includes the main budget framework and spending by provinces, special security funds and public entities financed from their own revenue sources.
The indicator is calculated by the National Treasury of South Africa once a year, in October. It reflects the figures for the previous period and a next period forecast. The data is published as part of Treasury's detailed report, which considers the budget itself, as well as reasons that led to the current situation, and also describes the measures that the government intends to take to achieve the expected level in the next period.
A positive value indicates a budget surplus, while negative means a deficit. A lower than expected indicator value is seen as negative for the South African rand quotes.
Last values:
actual data
The chart of the entire available history of the "South Africa Consolidated Budget Balance - Gross Domestic Product (GDP) Ratio" macroeconomic indicator.
