Vertical fiscal imbalance, Percent in South Africa
South Africa: Vertical fiscal imbalance, Percent was -0.2585 in 2020. ▲ Rising
Vertical fiscal imbalance, Percent in South Africa, 1997–2020
Source: International Monetary Fund.
Analysis
The most recent figure for vertical fiscal imbalance, percent in South Africa is -0.2585, measured in 2020. That is the highest value across all 24 years on record.
That represents a change of up 42.5% on the previous year and up 49.7% over ten years.
Over the whole period, vertical fiscal imbalance, percent in South Africa peaked at -0.2585 in 2020 and was at its lowest, -1.1, in 2005.
That places South Africa 50th out of 64 countries with data for 2020, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 24 years of available data.
Vertical fiscal imbalance, Percent in South Africa, year by year
| Year | Value | Change |
|---|---|---|
| 1997 | -0.6129 | — |
| 1998 | -0.7194 | +17.4% |
| 1999 | -0.7562 | +5.1% |
| 2000 | -0.8071 | +6.7% |
| 2001 | -0.867 | +7.4% |
| 2002 | -0.8508 | -1.9% |
| 2003 | -0.8606 | +1.1% |
| 2004 | -0.9506 | +10.5% |
| 2005 | -1.1 | +16.0% |
| 2006 | -0.8408 | -23.8% |
| 2007 | -0.9203 | +9.5% |
| 2008 | -0.8636 | -6.2% |
| 2009 | -0.5583 | -35.4% |
| 2010 | -0.5138 | -8.0% |
| 2011 | -0.496 | -3.5% |
| 2012 | -0.5926 | +19.5% |
| 2013 | -0.6283 | +6.0% |
| 2014 | -0.6234 | -0.8% |
| 2015 | -0.5562 | -10.8% |
| 2016 | -0.5978 | +7.5% |
| 2017 | -0.5256 | -12.1% |
| 2018 | -0.532 | +1.2% |
| 2019 | -0.4495 | -15.5% |
| 2020 | -0.2585 | -42.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -0.6962 | -0.7562 | -0.6129 | 3 |
| 2000s | -0.8622 | -1.1 | -0.5583 | 10 |
| 2010s | -0.5515 | -0.6283 | -0.4495 | 10 |
| 2020s | -0.2585 | -0.2585 | -0.2585 | 1 |
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 vertical fiscal imbalance, percent in South Africa?
- Vertical fiscal imbalance, percent in South Africa was -0.2585 in 2020, according to International Monetary Fund.
- What is the highest vertical fiscal imbalance, percent recorded in South Africa?
- The highest recorded value was -0.2585 in 2020.
- What is the lowest vertical fiscal imbalance, percent recorded in South Africa?
- The lowest recorded value was -1.1 in 2005.
- How does South Africa rank for vertical fiscal imbalance, percent?
- South Africa ranks 50th out of 64 countries with data for 2020.
- Is vertical fiscal imbalance, percent rising or falling in South Africa?
- Over the last ten years it is up 49.7%. The long-run trend across the full record is rising.
- Where does this South Africa data come from?
- The figures come from International Monetary Fund, published as part of Vertical fiscal imbalance, Percent (Central government). Statizoid updates them automatically from the source API.
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About this data
The Fiscal Decentralization dataset includes fiscal decentralization indicators for a sample of IMF member countries. The following indicators are included in the dataset: Revenue and Expenditure Decentralization Shares; Transfer dependency and Vertical Fiscal Imbalances; Deficit and Debt; Allocation of expenditure (economic classification); Allocation of expenditure (functional classification); Allocation of non-Tax Revenues; and Allocation of Taxes.