24Peaks / Africa / South Africa / Gross Operating Balance (% of GDP)

South Africa - Gross Operating Balance (% of GDP) -1.72

IMF GFS (accrual) · updated 2026-10-03 · 102 economies tracked

Latest value

-1.72 (2024)

Global rank

#n/a of 102 economies

Share of global total

-0.9%

Growth since 2017

0.74×

Ranking Race — Gross Operating Balance (% of GDP)

1 = global #1 · higher value ranks higher

#1#17#33#49#65#81201720222025#88#612023 overtook Malta2024 overtook Poland
South AfricaCanadaTürkiyeNew ZealandUnited States

Real annual global ranks, 2017 - 2025. South Africa climbed from #88 to #61 (overtook Malta). 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
COVID-19 recession curated

Deepest contraction in a century.

2021
Climbed 18 places in global rank auto
2023
Overtook Malta in global rank auto
2024
Overtook Poland in global rank auto
2024
Climbed 18 places in global rank auto

Gross Operating Balance (% of GDP), 2017-2024

IMF GFS (accrual) · % of GDP · linear scale · ranking in the race above
201720222024-7.77-5.75-3.74-1.72

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