South Africa - Taxes on goods and services (% of revenue)

Taxes on goods and services (% of revenue) in South Africa was 30.87 as of 2019. Its highest value over the past 47 years was 38.43 in 1994, while its lowest value was 17.83 in 1974.

Definition: Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies.

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

See also:

Year Value
1972 23.67
1973 21.34
1974 17.83
1975 19.77
1976 22.13
1977 22.21
1978 25.69
1979 26.53
1980 25.07
1981 27.31
1982 29.04
1983 30.26
1984 33.71
1985 32.82
1986 31.83
1987 33.93
1988 34.70
1989 33.91
1990 34.88
1991 34.08
1992 33.30
1993 37.28
1994 38.43
1995 36.77
1996 35.09
1997 35.57
1998 35.07
1999 34.60
2000 34.53
2001 33.10
2002 33.71
2003 35.29
2004 36.19
2005 35.19
2006 34.43
2007 33.68
2008 31.35
2009 31.51
2010 35.15
2011 33.10
2012 34.09
2013 33.15
2014 33.09
2015 33.98
2016 33.32
2017 30.33
2018 31.29
2019 30.87

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.

Aggregation method: Median

Periodicity: Annual

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance