South Africa - Subsidies and other transfers

Subsidies and other transfers (current LCU)

The value for Subsidies and other transfers (current LCU) in South Africa was 1,061,510,000,000 as of 2019. As the graph below shows, over the past 34 years this indicator reached a maximum value of 1,061,510,000,000 in 2019 and a minimum value of 4,125,000,000 in 1988.

Definition: Subsidies, grants, and other social benefits include all unrequited, nonrepayable transfers on current account to private and public enterprises; grants to foreign governments, international organizations, and other government units; and social security, social assistance benefits, and employer social benefits in cash and in kind.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

Year Value
1985 5,403,000,000
1986 6,254,000,000
1987 7,287,000,000
1988 4,125,000,000
1989 4,892,000,000
1990 21,223,000,000
1991 25,092,000,000
1992 31,273,000,000
1993 40,948,000,000
1994 57,545,000,000
1995 10,163,000,000
1996 102,780,000,000
1997 107,255,000,000
1998 117,651,000,000
1999 123,364,000,000
2000 136,007,000,000
2001 150,894,000,000
2002 173,996,000,000
2003 201,635,000,000
2004 234,847,000,000
2005 266,835,000,000
2006 317,630,000,000
2007 367,922,000,000
2008 443,657,000,000
2009 507,154,000,000
2010 543,234,000,000
2011 618,567,000,000
2012 676,124,000,000
2013 756,886,000,000
2014 806,496,000,000
2015 869,391,000,000
2016 892,598,000,000
2017 968,589,000,000
2018 1,055,460,000,000
2019 1,061,510,000,000

Subsidies and other transfers (% of expense)

Subsidies and other transfers (% of expense) in South Africa was 54.86 as of 2019. Its highest value over the past 34 years was 63.30 in 2011, while its lowest value was 6.25 in 1995.

Definition: Subsidies, grants, and other social benefits include all unrequited, nonrepayable transfers on current account to private and public enterprises; grants to foreign governments, international organizations, and other government units; and social security, social assistance benefits, and employer social benefits in cash and in kind.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

See also:

Year Value
1985 15.65
1986 14.78
1987 14.58
1988 6.79
1989 6.91
1990 25.62
1991 26.95
1992 26.72
1993 29.20
1994 40.90
1995 6.25
1996 54.20
1997 53.37
1998 54.18
1999 52.67
2000 52.85
2001 53.17
2002 54.00
2003 54.62
2004 55.51
2005 56.74
2006 59.74
2007 60.12
2008 62.51
2009 62.72
2010 62.20
2011 63.30
2012 62.81
2013 61.61
2014 61.75
2015 59.85
2016 59.21
2017 58.11
2018 57.39
2019 54.86

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance