South Africa: Government deficit (% of GDP)
Percent of GDP · 1911–2025 · 115 observations · forecasts to 2031 · govdef_GDP
- 2025
- −5.78%percent of GDP
- Change on 2024
- −0.2 pointsfrom −5.53%
- Average, 2016–2025
- −5.71%10 years
- Record high and low
- 1.04% (1980)low −11.6% (1914)
Government deficit (% of GDP)
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Compare with other countries →Definition of Government deficit (% of GDP)
Recent values
Percent of GDP
| Year | Value | |
|---|---|---|
| 2031 | -3.91 | Forecast |
| 2030 | -3.93 | Forecast |
| 2029 | -4.09 | Forecast |
| 2028 | -4.36 | Forecast |
| 2027 | -4.34 | Forecast |
| 2026 | -4.32 | Forecast |
| 2025 | -5.78 | |
| 2024 | -5.53 | |
| 2023 | -6.60 | |
| 2022 | -5.04 | |
| 2021 | -6.61 | |
| 2020 | -10.5 | |
| 2019 | -5.08 | |
| 2018 | -3.65 | |
| 2017 | -4.33 | |
| 2016 | -3.96 |
Sources
This series is derived from other GMD variables.
Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →
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