24Peaks / Africa / South Africa / Subsidies (% of GDP)

South Africa - Subsidies (% of GDP) 0.23

IMF GFS (accrual) · updated 2026-10-03 · 103 economies tracked

Latest value

0.23 (2024)

Global rank

#n/a of 103 economies

Share of global total

0.2%

Growth since 2017

0.37×

Ranking Race — Subsidies (% of GDP)

1 = global #1 · higher value ranks higher

#1#14#27#40#53#66#79201720222025#58#652021 overtook Panama2024 overtook Lithuania
South AfricaTürkiyeCanadaNew ZealandMauritius

Real annual global ranks, 2017 - 2025. South Africa climbed from #58 to #65 (overtook Panama). 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 Panama in global rank auto
2024
Overtook Lithuania in global rank auto
2024
Climbed 17 places in global rank auto

Subsidies (% of GDP), 2017-2024

IMF GFS (accrual) · % of GDP · linear scale · ranking in the race above
2017202220240.080.270.450.64
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