24Peaks / Africa / South Africa / Primary Balance (% of GDP)

South Africa - Primary Balance (% of GDP) 1.06

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

Latest value

1.06 (2024)

Global rank

#n/a of 102 economies

Share of global total

3.1%

Growth since 2017

-0.71×

Ranking Race — Primary Balance (% of GDP)

1 = global #1 · higher value ranks higher

#1#17#33#49#65#81201720222025#74#252023 overtook Guatemala2024 overtook Greece
South AfricaTürkiyeCanadaNew ZealandUnited States

Real annual global ranks, 2017 - 2025. South Africa climbed from #74 to #25 (overtook Guatemala). 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
Climbed 27 places in global rank auto
2020
COVID-19 recession curated

Deepest contraction in a century.

2021
Climbed 35 places in global rank auto
2022
Fell 15 places in global rank auto
2023
Overtook Guatemala in global rank auto
2024
Overtook Greece in global rank auto

Primary Balance (% of GDP), 2017-2024

IMF GFS (accrual) · % of GDP · linear scale · ranking in the race above
201720222024-5.34-3.21-1.071.06

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