24Peaks / Africa / South Africa / Fiscal Balance

South Africa - Fiscal Balance -3.88

World Bank MPO (Spring 2026) · updated 2026-10-03 · 142 economies tracked

Latest value

-3.88 (2028)

Global rank

#n/a of 142 economies

Share of global total

0.9%

Growth since 2005

-17.64×

Ranking Race — Fiscal Balance

1 = global #1 · higher value ranks higher

#1#24#47#70#93#116#139198019902000201020202028#37#1042024 overtook Uganda2026 overtook Guinea
South AfricaQatarUnited Arab EmiratesLesothoOman

Real annual global ranks, 1980 - 2028. South Africa climbed from #37 to #104 (overtook Uganda). Gaps in a lane = missing data that year.

Key events for South Africa ↓

Key Events — South Africa

Auto-detected from rank data + curated milestones

1994
Democratic transition curated

Sanctions lift; economy reopens to global markets.

2008
Fell 20 places in global rank auto
2009
Fell 44 places in global rank auto
2009
Global crisis recession curated

First recession in 17 years.

2015
Credit rating downgrades curated

Fiscal and growth concerns trigger rating cuts.

2019
Fell 19 places in global rank auto
2020
COVID-19 recession curated

Deepest contraction in a century.

2021
Climbed 34 places in global rank auto

Fiscal Balance, 2005-2028

World Bank MPO (Spring 2026) · % of GDP · linear scale · ranking in the race above
200520102015202020252028-9.89-6.1-2.31.49

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