24Peaks / Africa / South Africa / Government Revenue (% of GDP)

South Africa - Government Revenue (% of GDP) 29.4

World Bank WDI (revenue excl. grants) · updated 2026-10-15 · 162 economies tracked

Latest value

29.4 (2024)

Global rank

#n/a of 162 economies

Share of global total

1.1%

Growth since 1972

1.68×

Ranking Race — Government Revenue (% of GDP)

1 = global #1 · higher value ranks higher

#1#11#21#31#41#511972198219922002201220222024#25#432019 overtook Romania2021 overtook Israel
South AfricaNauruNorwayAustriaGreece

Real annual global ranks, 1972 - 2024. South Africa climbed from #25 to #43 (overtook Romania). 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.

2009
Global crisis recession curated

First recession in 17 years.

2015
Credit rating downgrades curated

Fiscal and growth concerns trigger rating cuts.

2019
Overtook Romania in global rank auto
2020
COVID-19 recession curated

Deepest contraction in a century.

2021
Overtook Israel in global rank auto

Government Revenue (% of GDP), 1972-2024

World Bank WDI (revenue excl. grants) · % of GDP · linear scale · ranking in the race above
1972198720022017202417.4721.6625.8430.03

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