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Government Budget Balance (Local Currency) in South Africa

Source: World Bank, National Statistical Office, IMF estimates. The structural budget balance refers to the general government cyclically adjusted balance adjusted for nonstructural elements beyond the economic cycle, World Bank
Last Updated: March 8, 2019

Government budget balance reached -287 in 2023 in South Africa, according to the National Statistical Office. This is 7.57% less than in the previous year.

Historically, government budget balance in South Africa reached an all time high of 16.7 in 2007 and an all time low of -287 in 2023.

South Africa has been ranked 63rd within the group of 84 countries we follow in terms of government budget balance.

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