[Budget] Republic of South Africa FY2025

2021.12.06 09:49 brantman19 [Budget] Republic of South Africa FY2025

Modular Budget

Category Percentage Allocated Funds GDP %
General Defense 4.96% $6,502,500,000 1.49%
Research & Procurement 0.87% $1,147,500,000 0.26%
Social Security and Welfare 21.19% $27,800,000,000 6.38%
Health Care 17.34% $22,750,000,000 5.22%
Law Enforcement & Security 3.85% $5,050,000,000 1.16%
Education 11.55% $15,150,000,000 3.48%
Infrastructure & Transportation 6.75% $8,850,000,000 2.03%
Government 5.79% $7,600,000,000 1.74%
Science/Technology 2.40% $3,150,000,000 0.72%
Investment/Subsidies 4.80% $6,300,000,000 1.45%
Food & Agriculture 3.35% $4,400,000,000 1.01%
Foreign Aid 1.91% $2,500,000,000 0.57%
Energy/Environment 4.80% $6,300,000,000 1.45%
Debt Interest 10.45% $13,706,381,461 3.14%
Total Imports $87,600,000,000 Total Exports $109,000,000,000 Trade Deficit $21,400,000,000 Trade Deficit %GDP 4.91%
Product Imported Value % Total Exports
Crude Petroleum $8,930,000,000 10.19%
Refined Petroleum $4,250,000,000 4.85%
Automobiles $3,850,000,000 4.39%
Vehicle Parts $3,070,000,000 3.50%
Gold $2,700,000,000 3.08%
Broadcasting Equip. $2,430,000,000 2.77%
Packaged Medicant $1,780,000,000 2.03%
Computers $1,400,000,000 1.60%
Aircraft $946,000,000 1.08%
Other $58,244,000,000 66.49%
Product Exported Value % Total Imports
Gold $16,800,000,000 15.41%
Platinum $9,620,000,000 8.83%
Automobiles $7,610,000,000 6.98%
Iron Ore $6,730,000,000 6.17%
Coal Birquettes $5,050,000,000 4.63%
Delivery Trucks $3,610,000,000 3.31%
Feroalloys $3,380,000,000 3.10%
Manganese Ore $3,160,000,000 2.90%
Diamonds $2,330,000,000 2.14%
Other $50,710,000,000 46.52%
[M] Growth is being seen primarily in the small business sectors as new companies are being started up. This might be equal to about 3% decrease in unemployment. Also some nice deals signed for new power plants and a Giga facility which has led to some speculation. The government is stable so that helps. I'm expecting a larger increase in the next year as the small business loan program matures for more jobs and economic investment continues. A lot of budget items were tweaked and reduced as the provinces are responsibility for much of their own spending now in law enforcement, education, etc. This allowed for us to look into balancing the budget with an upcoming post and to properly fund social and healthcare programs as well as get a little closer on our 2.5% GDP spending goal for the military which will be addressed with a future post as well.
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