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

South Africa - Net Operating Balance (% of GDP) -2.76

IMF GFS (accrual) · updated 2026-10-03 · 67 economies tracked

Latest value

-2.76 (2024)

Global rank

#n/a of 67 economies

Share of global total

11.3%

Growth since 2017

0.79×

Ranking Race — Net Operating Balance (% of GDP)

1 = global #1 · higher value ranks higher

#1#10#19#28#37#46#55201720222025#51#382021 overtook San Marino2024 overtook Mexico
South AfricaTürkiyeCanadaNew ZealandUnited States

Real annual global ranks, 2017 - 2025. South Africa climbed from #51 to #38 (overtook San Marino). 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
Overtook San Marino in global rank auto
2021
Climbed 16 places in global rank auto
2024
Overtook Mexico in global rank auto

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

IMF GFS (accrual) · % of GDP · linear scale · ranking in the race above
201720222024-8.88-6.84-4.8-2.76

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