South Africa Government Budget Balance (% of GDP)

The yearly gap between government spending and revenue across all levels of government, as a share of GDP.

−5.6%

+0.1pp vs 2024

2025 · Annual data

Not applicable, annual data

Matches the latest releaseNot refreshed recently, awaiting the next release

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Government Budget Balance (% of GDP)

2000 to 2025

Source: IMF World Economic Outlook (GGXCNL_NGDP) · general government, % of GDP, annual, actual years only.

South Africa Government Budget Balance (% of GDP) in context

Worked out from the published series shown above.

In South Africa, the government budget balance rose by 0.1pp in 2025, from −5.7% in 2024.

It is the highest reading since 2022.

Over the past five years it has ranged from −9.6% in 2020 to −4.3% in 2022.

Its average since 2000 is −3.3%, and the latest reading is below that.

South Africa is 46th of 54 countries in our Government Budget Balance by Country ranking.

How this series is defined

Everything you need to check the figure against the source.

Source
IMF
Series
World
Frequency
Annual
Unit
%
Seasonal adjustment
Not applicable, annual data
Latest observation
2025
Revision status
Latest published estimate, subject to revision

Negative means a deficit.

Data refreshed 2026-11-06. Figures are the latest published observations and can be revised.

More South Africa indicators

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