South Africa - Taxes on exports (current LCU)

The value for Taxes on exports (current LCU) in South Africa was 86,855,950 as of 2017. As the graph below shows, over the past 45 years this indicator reached a maximum value of 126,834,000 in 2015 and a minimum value of 1,000,000 in 2004.

Definition: Taxes on exports are all levies on goods being transported out of the country or services being delivered to nonresidents by residents. Rebates on exported goods that are repayments of previously paid general consumption taxes, excise taxes, or import duties are deducted from the gross amounts receivable from these taxes, not from amounts receivable from export taxes.

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

Year Value
1972 13,000,000
1973 23,000,000
1974 18,000,000
1975 19,000,000
1976 33,000,000
1977 51,000,000
1978 57,000,000
1979 52,000,000
1980 25,000,000
1981 25,000,000
1982 33,000,000
1983 40,000,000
1984 41,000,000
1985 57,000,000
1986 48,000,000
1987 19,000,000
2004 1,000,000
2005 1,000,000
2009 36,000,000
2010 70,389,700
2011 64,228,560
2012 55,375,000
2013 93,406,000
2014 117,076,800
2015 126,834,000
2016 117,499,800
2017 86,855,950

Limitations and Exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries.

Statistical Concept and Methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.

Periodicity: Annual

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance