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

South Africa - Government Interest Expenditure (% of GDP) 5.54

IMF Government Finance Statistics · updated 2026-10-03 · 50 economies tracked

Latest value

5.54 (2024)

Global rank

#n/a of 50 economies

Share of global total

14.2%

Growth since 2017

1.5×

Ranking Race — Government Interest Expenditure (% of GDP)

1 = global #1 · higher value ranks higher

#1#4#7#10#13#16#19201720222025#3#12018 overtook Ukraine2019 overtook Jordan
South AfricaTürkiye

Real annual global ranks, 2017 - 2025. South Africa climbed from #3 to #1 (overtook Ukraine). Gaps in a lane = missing data that year.

Key events for South Africa ↓

Key Events — South Africa

Auto-detected from rank data + curated milestones

2018
Overtook Ukraine in global rank auto
2019
Overtook Jordan in global rank auto
2020
COVID-19 recession curated

Deepest contraction in a century.

Government Interest Expenditure (% of GDP), 2017-2024

IMF Government Finance Statistics · % of GDP · linear scale · ranking in the race above
2017202220243.694.314.925.54
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