Goods and services expense in South Africa
South Africa: Goods and services expense was 11.5% in 2022. ▼ Falling
Goods and services expense in South Africa, 1972–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
The most recent figure for goods and services expense in South Africa is 11.5%, measured in 2022.
That represents a change of up 24.7% on the previous year and up 12.7% over ten years.
Over the whole period, goods and services expense in South Africa peaked at 32.0% in 1988 and was at its lowest, 6.4%, in 1993.
South Africa ranks 97th of 154 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 49 years of available data.
Goods and services expense in South Africa, year by year
| Year | % of expense | Change |
|---|---|---|
| 1972 | 19.3% | — |
| 1973 | 21.2% | +10.2% |
| 1974 | 24.7% | +16.3% |
| 1975 | 25.3% | +2.4% |
| 1976 | 27.1% | +7.0% |
| 1977 | 27.7% | +2.5% |
| 1978 | 25.1% | -9.4% |
| 1979 | 26.9% | +6.9% |
| 1980 | 26.8% | -0.4% |
| 1981 | 25.7% | -3.8% |
| 1982 | 23.9% | -7.2% |
| 1983 | 23.1% | -3.2% |
| 1984 | 23.4% | +1.1% |
| 1985 | 25.0% | +7.1% |
| 1988 | 32.0% | +28.1% |
| 1989 | 28.4% | -11.2% |
| 1990 | 27.2% | -4.5% |
| 1991 | 26.9% | -0.8% |
| 1992 | 7.3% | -73.0% |
| 1993 | 6.4% | -12.4% |
| 1994 | 7.5% | +16.9% |
| 1995 | 9.5% | +26.8% |
| 1996 | 9.0% | -4.8% |
| 1997 | 8.7% | -3.7% |
| 1998 | 8.3% | -4.7% |
| 1999 | 10.2% | +22.9% |
| 2000 | 11.3% | +10.9% |
| 2001 | 12.3% | +8.9% |
| 2002 | 12.0% | -2.2% |
| 2003 | 12.2% | +1.8% |
| 2004 | 11.9% | -2.2% |
| 2005 | 12.0% | +0.2% |
| 2006 | 10.8% | -10.1% |
| 2007 | 11.1% | +3.4% |
| 2008 | 11.8% | +5.7% |
| 2009 | 12.1% | +2.9% |
| 2010 | 12.4% | +2.1% |
| 2011 | 10.9% | -12.0% |
| 2012 | 10.2% | -6.2% |
| 2013 | 11.1% | +9.1% |
| 2014 | 12.8% | +15.1% |
| 2015 | 12.8% | +0.1% |
| 2016 | 11.0% | -14.2% |
| 2017 | 11.1% | +1.4% |
| 2018 | 10.0% | -10.0% |
| 2019 | 9.9% | -1.1% |
| 2020 | 8.3% | -16.4% |
| 2021 | 9.2% | +11.0% |
| 2022 | 11.5% | +24.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 24.7% | 19.3% | 27.7% | 8 |
| 1980s | 26.0% | 23.1% | 32.0% | 8 |
| 1990s | 12.1% | 6.4% | 27.2% | 10 |
| 2000s | 11.7% | 10.8% | 12.3% | 10 |
| 2010s | 11.2% | 9.9% | 12.8% | 10 |
| 2020s | 9.7% | 8.3% | 11.5% | 3 |
Countries ranked near South Africa
More public sector data for South Africa
- Arms imports 30.00 million SIPRI trend indicator values (2023)
- Arms imports (SIPRI trend indicator values), per capita 0.4746 SIPRI trend indicator values per person (2023)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0001 SIPRI trend indicator values per US$ of GDP (2023)
- Arms imports (SIPRI trend indicator values), annual growth rate 0 % change on previous year (2023)
- Arms imports (SIPRI trend indicator values), gaps filled 30.00 million SIPRI trend indicator values (2023)
- Military expenditure (current USD), per capita 44.31 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0071 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate -1.41 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 2.84 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 24.73 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is goods and services expense in South Africa?
- Goods and services expense in South Africa was 11.5% in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods and services expense recorded in South Africa?
- The highest recorded value was 32.0% in 1988.
- What is the lowest goods and services expense recorded in South Africa?
- The lowest recorded value was 6.4% in 1993.
- How does South Africa rank for goods and services expense?
- South Africa ranks 97th out of 154 countries with data for 2022.
- Is goods and services expense rising or falling in South Africa?
- Over the last ten years it is up 12.7%. The long-run trend across the full record is falling.
- Where does this South Africa data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Goods and services expense (% of expense). Statizoid updates them automatically from the source API.
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About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for own account capital formation is excluded. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.