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South Africa

CABRI member since: 2009
Region: Southern Africa
Currency: South African Rand (ZAR)
Population: 55.6 million
Capital: Bloemfontein (judicial) Cape Town (legislative) Pretoria (administrative)
Ministry website: www.treasury.gov.za
Fiscal year: April - March
Regional Economic Community: SADC
Key Budget Indicators Over Time
2014 2015 2016 2017 2018
GDP (constant 2010 ZAR[billions]) 3,028.09 3,064.24 3,076.47 3,119.98 3,144.54
GDP (current ZAR[billions]) 3,805.35 4,049.88 4,359.06 4,653.58 4,873.9
GDP growth (%) 1.85 1.19 0.4 1.42 0.79
GDP per capita (constant 2010 ZAR) 55,485.95 55,304.15 54,690.78 54,642.6 54,273.27
GDP per capita (current ZAR) 69,728.24 73,093.35 77,491.65 81,501.59 84,121.21
Inflation (CPI) (%) 6.09 4.58 6.34 5.27 4.62
General government revenue (% of GDP) 27.59 28.15 28.59 28.22 29.04
General government expenditure (% of GDP) 31.85 32.93 32.66 32.6 33.19
Budget balance (% of GDP) -4.26 -4.78 -4.07 -4.38 -4.14
Primary balance (% of GDP) -1.26 -1.57 -0.67 -0.83 -0.42
General government debt (% of GDP) 46.99 49.34 51.47 53.02 56.71
Population (millions) 54.57 55.41 56.25 57.1 57.94

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