Budget balance — all countries

Budget balance — South Africa

Budget balance in South Africa in 2031 — -3.9%. Ranked 147 in the world out of 188. Since 2000, the indicator has fallen by 2.5 pp.

2031 -3.9% +0 pp vs 2030
World rank 147of 188
Period maximum 1.2%2007
Period minimum -9.6%2020

Trend over time

2000–2031 · % of GDP

Budget balance — South Africa, 2000–2031-10-5052000200420082012201620202024202820312000: -1.4%2001: -1%2002: -1%2003: -1.6%2004: -1%2005: -0.1%2006: 0.8%2007: 1.2%2008: -0.5%2009: -4.7%2010: -4.5%2011: -3.7%2012: -4%2013: -3.9%2014: -3.9%2015: -4.4%2016: -3.7%2017: -4%2018: -3.7%2019: -5.1%2020: -9.6%2021: -5.5%2022: -4.2%2023: -5.6%2024: -5.7%2025: -5.8%2026: -4.9%2027: -4.3%2028: -4.4%2029: -4.1%2030: -3.9%2031: -3.9%
Change over the period: −2.5 pp Annual average: -0.08 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: South Africa

South Africa -3.9%
World computed -4.85%
Sub-Saharan Africa computed -3.08%
Southern Africa computed -4.08%
Budget balance — South Africa, by year South Africa All countries CSV XLSX
Year % Change, pp
2031 -3.9 +0 pp
2030 -3.9 +0.2 pp
2029 -4.1 +0.3 pp
2028 -4.4 −0.1 pp
2027 -4.3 +0.6 pp
2026 -4.9 +0.9 pp
2025 -5.8 −0.1 pp
2024 -5.7 −0.1 pp
2023 -5.6 −1.4 pp
2022 -4.2 +1.3 pp
2021 -5.5 +4.1 pp
2020 -9.6 −4.5 pp
2019 -5.1 −1.4 pp
2018 -3.7 +0.3 pp
2017 -4 −0.3 pp
2016 -3.7 +0.7 pp
2015 -4.4 −0.5 pp
2014 -3.9 +0 pp
2013 -3.9 +0.1 pp
2012 -4 −0.3 pp
2011 -3.7 +0.8 pp
2010 -4.5 +0.2 pp
2009 -4.7 −4.2 pp
2008 -0.5 −1.7 pp
2007 1.2 +0.4 pp
2006 0.8 +0.9 pp
2005 -0.1 +0.9 pp
2004 -1 +0.6 pp
2003 -1.6 −0.6 pp
2002 -1 +0 pp
2001 -1 +0.4 pp
2000 -1.4

Southern Africa, 2031

The same indicator for neighboring countries — with links to their pages

About the indicator

Net lending or net borrowing of general government as a percent of GDP — what is commonly called the budget deficit, taken with a plus sign when there is a surplus. General government includes regions, local authorities and extrabudgetary funds, so the quantity is fuller than the balance of the central budget alone. The IMF series runs with a forecast several years ahead.

Important: Negative values are deficits. Accumulated deficits are what government debt is, so the two indicators are worth looking at together: a country can live with a deficit for years and carry a small debt all the same, if its economy grows faster.

Source: World Economic Outlook (IMF), license IMF open data.