South Africa - Gross national expenditure (current LCU)

The value for Gross national expenditure (current LCU) in South Africa was 5,280,870,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 5,573,760,000,000 in 2019 and a minimum value of 5,035,000,000 in 1960.

Definition: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 5,035,000,000
1961 5,204,000,000
1962 5,481,000,000
1963 6,228,000,000
1964 7,044,000,000
1965 7,810,000,000
1966 8,276,000,000
1967 9,315,000,000
1968 10,021,000,000
1969 11,382,000,000
1970 13,059,000,000
1971 15,046,000,000
1972 16,018,000,000
1973 19,008,000,000
1974 23,689,000,000
1975 28,802,000,000
1976 32,150,000,000
1977 35,248,000,000
1978 38,898,000,000
1979 46,025,000,000
1980 61,504,000,000
1981 76,609,000,000
1982 83,586,000,000
1983 97,012,000,000
1984 113,258,000,000
1985 125,227,000,000
1986 147,259,000,000
1987 170,109,000,000
1988 212,131,000,000
1989 256,648,000,000
1990 296,943,000,000
1991 340,678,000,000
1992 377,403,000,000
1993 462,226,000,000
1994 540,323,000,000
1995 616,219,000,000
1996 691,507,000,000
1997 771,536,000,000
1998 838,149,000,000
1999 911,922,000,000
2000 1,024,190,000,000
2001 1,125,240,000,000
2002 1,285,820,000,000
2003 1,407,330,000,000
2004 1,613,350,000,000
2005 1,774,060,000,000
2006 2,014,710,000,000
2007 2,315,680,000,000
2008 2,648,110,000,000
2009 2,754,150,000,000
2010 2,993,250,000,000
2011 3,326,420,000,000
2012 3,627,250,000,000
2013 3,950,510,000,000
2014 4,195,810,000,000
2015 4,478,240,000,000
2016 4,738,090,000,000
2017 5,020,080,000,000
2018 5,332,480,000,000
2019 5,573,760,000,000
2020 5,280,870,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts