Taxes on goods and services (current LCU), annual growth rate in South Africa
South Africa: Taxes on goods and services (current LCU), annual growth rate was 2.16 % change on previous year in 2024. ◆ Volatile
Taxes on goods and services (current LCU), annual growth rate in South Africa, 1973–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, taxes on goods and services (current lcu), annual growth rate in South Africa stood at 2.16 % change on previous year.
Compared with earlier readings it is down 59.3% on the previous year and down 78.3% over ten years.
Over the whole period, taxes on goods and services (current lcu), annual growth rate in South Africa peaked at 36.32 % change on previous year in 1978 and was at its lowest, -6.42 % change on previous year, in 2020.
South Africa ranks 124th of 156 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes on goods and services (current LCU), annual growth rate in South Africa, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1973 | 14.49 % change on previous year | — |
| 1974 | 2.13 % change on previous year | -85.3% |
| 1975 | 29.82 % change on previous year | +1301.8% |
| 1976 | 24.66 % change on previous year | -17.3% |
| 1977 | 14.36 % change on previous year | -41.8% |
| 1978 | 36.32 % change on previous year | +152.8% |
| 1979 | 24.12 % change on previous year | -33.6% |
| 1980 | 26.37 % change on previous year | +9.3% |
| 1981 | 21.34 % change on previous year | -19.1% |
| 1982 | 27.31 % change on previous year | +28.0% |
| 1983 | 18.06 % change on previous year | -33.9% |
| 1984 | 35.58 % change on previous year | +97.0% |
| 1985 | 21.83 % change on previous year | -38.7% |
| 1986 | 10.56 % change on previous year | -51.6% |
| 1987 | 21.61 % change on previous year | +104.7% |
| 1988 | 28.03 % change on previous year | +29.7% |
| 1989 | 31.31 % change on previous year | +11.7% |
| 1990 | 9.04 % change on previous year | -71.1% |
| 1991 | 9.32 % change on previous year | +3.1% |
| 1992 | 0.9763 % change on previous year | -89.5% |
| 1993 | 33.64 % change on previous year | +3345.7% |
| 1994 | 13.88 % change on previous year | -58.7% |
| 1995 | 12.35 % change on previous year | -11.0% |
| 1996 | 12.15 % change on previous year | -1.6% |
| 1997 | 12.99 % change on previous year | +6.9% |
| 1998 | 9.72 % change on previous year | -25.1% |
| 1999 | 10.19 % change on previous year | +4.8% |
| 2000 | 8.73 % change on previous year | -14.3% |
| 2001 | 10.42 % change on previous year | +19.3% |
| 2002 | 12.34 % change on previous year | +18.5% |
| 2003 | 14.61 % change on previous year | +18.3% |
| 2004 | 20.5 % change on previous year | +40.3% |
| 2005 | 15.41 % change on previous year | -24.8% |
| 2006 | 14.56 % change on previous year | -5.6% |
| 2007 | 13.11 % change on previous year | -9.9% |
| 2008 | 2.28 % change on previous year | -82.6% |
| 2009 | 2.09 % change on previous year | -8.4% |
| 2010 | 20.73 % change on previous year | +893.7% |
| 2011 | 6.41 % change on previous year | -69.1% |
| 2012 | 11.96 % change on previous year | +86.5% |
| 2013 | 10.04 % change on previous year | -16.0% |
| 2014 | 9.95 % change on previous year | -0.9% |
| 2015 | 11.52 % change on previous year | +15.8% |
| 2016 | 3.97 % change on previous year | -65.5% |
| 2017 | 4.94 % change on previous year | +24.4% |
| 2018 | 9.1 % change on previous year | +84.3% |
| 2019 | 5.61 % change on previous year | -38.3% |
| 2020 | -6.42 % change on previous year | -214.4% |
| 2021 | 19.69 % change on previous year | -406.6% |
| 2022 | 4.86 % change on previous year | -75.3% |
| 2023 | 5.3 % change on previous year | +9.1% |
| 2024 | 2.16 % change on previous year | -59.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 20.84 % change on previous year | 2.13 % change on previous year | 36.32 % change on previous year | 7 |
| 1980s | 24.2 % change on previous year | 10.56 % change on previous year | 35.58 % change on previous year | 10 |
| 1990s | 12.43 % change on previous year | 0.9763 % change on previous year | 33.64 % change on previous year | 10 |
| 2000s | 11.4 % change on previous year | 2.09 % change on previous year | 20.5 % change on previous year | 10 |
| 2010s | 9.42 % change on previous year | 3.97 % change on previous year | 20.73 % change on previous year | 10 |
| 2020s | 5.12 % change on previous year | -6.42 % change on previous year | 19.69 % change on previous year | 5 |
Countries ranked near South Africa
- 121 Thailand 3.48 % change on previous year compare
- 122 Colombia 3.09 % change on previous year compare
- 123 Guinea-Bissau 2.47 % change on previous year compare
- 125 United Kingdom of Great Britain and Northern Ireland 2.13 % change on previous year compare
- 126 Austria 2.13 % change on previous year compare
- 127 Finland 1.87 % change on previous year compare
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 taxes on goods and services (current lcu), annual growth rate in South Africa?
- Taxes on goods and services (current lcu), annual growth rate in South Africa was 2.16 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest taxes on goods and services (current lcu), annual growth rate recorded in South Africa?
- The highest recorded value was 36.32 % change on previous year in 1978.
- What is the lowest taxes on goods and services (current lcu), annual growth rate recorded in South Africa?
- The lowest recorded value was -6.42 % change on previous year in 2020.
- How does South Africa rank for taxes on goods and services (current lcu), annual growth rate?
- South Africa ranks 124th out of 156 countries with data for 2024.
- Is taxes on goods and services (current lcu), annual growth rate rising or falling in South Africa?
- Over the last ten years it is down 78.3%. The long-run trend across the full record is volatile.
- Where does this South Africa data come from?
- The figures come from Statizoid (derived), published as part of Taxes on goods and services (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Taxes on goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Taxes on goods and services Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Taxes on goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.