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South Africa Fiscal Balance
-5.8% GDPas of 2025
South Africa's fiscal balance stands at -5.8% GDP as of 2025. The indicator has decreased from -3.9% in 2014 to -5.8% in 2025. Source: IMF WEO.
Historical trend (2014–2025)
Fiscal Balance — Year by Year
| Year | Value | Change |
|---|---|---|
| 2014 | -3.9% GDP | — |
| 2015 | -4.4% GDP | -0.5pp |
| 2016 | -3.7% GDP | +0.7pp |
| 2017 | -4% GDP | -0.3pp |
| 2018 | -3.7% GDP | +0.3pp |
| 2019 | -5.1% GDP | -1.4pp |
| 2020 | -9.6% GDP | -4.5pp |
| 2021 | -5.5% GDP | +4.1pp |
| 2022 | -4.2% GDP | +1.3pp |
| 2023 | -5.6% GDP | -1.4pp |
| 2024 | -5.7% GDP | -0.1pp |
| 2025 | -5.8% GDP | -0.1pp |
Source: IMF WEO. Data retrieved from World Bank WDI and IMF WEO databases. Values represent official estimates; may be subject to revision.