Taxes on goods and services in South Africa
South Africa: Taxes on goods and services was 694.63 billion current LCU in 2024. ◆ Volatile
Taxes on goods and services in South Africa, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for taxes on goods and services in South Africa is 694.63 billion current LCU, measured in 2024. That is the highest value across all 53 years on record.
Compared with earlier readings it is up 2.2% on the previous year and up 77.1% over ten years.
Over the whole period, taxes on goods and services in South Africa peaked at 694.63 billion current LCU in 2024 and was at its lowest, 780.00 million current LCU, in 1972.
South Africa ranks 44th of 157 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.
Taxes on goods and services in South Africa, year by year
| Year | current LCU | Change |
|---|---|---|
| 1972 | 780.00 million current LCU | — |
| 1973 | 893.00 million current LCU | +14.5% |
| 1974 | 912.00 million current LCU | +2.1% |
| 1975 | 1.18 billion current LCU | +29.8% |
| 1976 | 1.48 billion current LCU | +24.7% |
| 1977 | 1.69 billion current LCU | +14.4% |
| 1978 | 2.30 billion current LCU | +36.3% |
| 1979 | 2.86 billion current LCU | +24.1% |
| 1980 | 3.61 billion current LCU | +26.4% |
| 1981 | 4.38 billion current LCU | +21.3% |
| 1982 | 5.58 billion current LCU | +27.3% |
| 1983 | 6.58 billion current LCU | +18.1% |
| 1984 | 8.92 billion current LCU | +35.6% |
| 1985 | 10.87 billion current LCU | +21.8% |
| 1986 | 12.02 billion current LCU | +10.6% |
| 1987 | 14.62 billion current LCU | +21.6% |
| 1988 | 18.71 billion current LCU | +28.0% |
| 1989 | 24.57 billion current LCU | +31.3% |
| 1990 | 26.80 billion current LCU | +9.0% |
| 1991 | 29.29 billion current LCU | +9.3% |
| 1992 | 29.58 billion current LCU | +1.0% |
| 1993 | 39.53 billion current LCU | +33.6% |
| 1994 | 45.02 billion current LCU | +13.9% |
| 1995 | 50.58 billion current LCU | +12.3% |
| 1996 | 56.72 billion current LCU | +12.2% |
| 1997 | 64.09 billion current LCU | +13.0% |
| 1998 | 70.32 billion current LCU | +9.7% |
| 1999 | 77.49 billion current LCU | +10.2% |
| 2000 | 84.25 billion current LCU | +8.7% |
| 2001 | 93.03 billion current LCU | +10.4% |
| 2002 | 104.51 billion current LCU | +12.3% |
| 2003 | 119.78 billion current LCU | +14.6% |
| 2004 | 144.34 billion current LCU | +20.5% |
| 2005 | 166.58 billion current LCU | +15.4% |
| 2006 | 190.83 billion current LCU | +14.6% |
| 2007 | 215.85 billion current LCU | +13.1% |
| 2008 | 220.76 billion current LCU | +2.3% |
| 2009 | 225.37 billion current LCU | +2.1% |
| 2010 | 272.10 billion current LCU | +20.7% |
| 2011 | 289.55 billion current LCU | +6.4% |
| 2012 | 324.16 billion current LCU | +12.0% |
| 2013 | 356.70 billion current LCU | +10.0% |
| 2014 | 392.19 billion current LCU | +9.9% |
| 2015 | 437.37 billion current LCU | +11.5% |
| 2016 | 454.73 billion current LCU | +4.0% |
| 2017 | 477.18 billion current LCU | +4.9% |
| 2018 | 520.59 billion current LCU | +9.1% |
| 2019 | 549.82 billion current LCU | +5.6% |
| 2020 | 514.51 billion current LCU | -6.4% |
| 2021 | 615.80 billion current LCU | +19.7% |
| 2022 | 645.72 billion current LCU | +4.9% |
| 2023 | 679.95 billion current LCU | +5.3% |
| 2024 | 694.63 billion current LCU | +2.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.51 billion current LCU | 780.00 million current LCU | 2.86 billion current LCU | 8 |
| 1980s | 10.99 billion current LCU | 3.61 billion current LCU | 24.57 billion current LCU | 10 |
| 1990s | 48.94 billion current LCU | 26.80 billion current LCU | 77.49 billion current LCU | 10 |
| 2000s | 156.53 billion current LCU | 84.25 billion current LCU | 225.37 billion current LCU | 10 |
| 2010s | 407.44 billion current LCU | 272.10 billion current LCU | 549.82 billion current LCU | 10 |
| 2020s | 630.12 billion current LCU | 514.51 billion current LCU | 694.63 billion current LCU | 5 |
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 taxes on goods and services in South Africa?
- Taxes on goods and services in South Africa was 694.63 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on goods and services recorded in South Africa?
- The highest recorded value was 694.63 billion current LCU in 2024.
- What is the lowest taxes on goods and services recorded in South Africa?
- The lowest recorded value was 780.00 million current LCU in 1972.
- How does South Africa rank for taxes on goods and services?
- South Africa ranks 44th out of 157 countries with data for 2024.
- Is taxes on goods and services rising or falling in South Africa?
- Over the last ten years it is up 77.1%. The long-run trend across the full record is volatile.
- 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 Taxes on goods and services (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.