24Peaks / Africa / South Africa / Government Economic Affairs Expenditure (% of GDP)

South Africa - Government Economic Affairs Expenditure (% of GDP) 6.98

IMF Government Finance Statistics · updated 2026-10-03 · 77 economies tracked

Latest value

6.98 (2024)

Global rank

#n/a of 77 economies

Share of global total

3.4%

Growth since 2017

1.16×

Ranking Race — Government Economic Affairs Expenditure (% of GDP)

1 = global #1 · higher value ranks higher

#1#10#19#28#37#46#55201720222025#14#52023 overtook Austria2024 overtook Azerbaijan
South AfricaTürkiyeNew ZealandMauritius

Real annual global ranks, 2017 - 2025. South Africa climbed from #14 to #5 (overtook Austria). Gaps in a lane = missing data that year.

Key events for South Africa ↓

Key Events — South Africa

Auto-detected from rank data + curated milestones

2020
Fell 16 places in global rank auto
2020
COVID-19 recession curated

Deepest contraction in a century.

2023
Overtook Austria in global rank auto
2024
Overtook Azerbaijan in global rank auto

Government Economic Affairs Expenditure (% of GDP), 2017-2024

IMF Government Finance Statistics · % of GDP · linear scale · ranking in the race above
2017202220245.66.246.897.53
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