South Africa — Central government deficit (% of GDP)

% of GDP · Annual · 1911–2024 · 114 observations

About this series

The central government deficit series records the period's fiscal balance under the source's accounting and sign convention. A deficit indicates a shortfall; the series is a flow, not a debt stock. This series expresses that measure as a percentage of GDP for the matching period.

The central government deficit reading for South Africa was −5.11% of GDP in 2024. The previous reading was −5.31% of GDP in 2023; the period change was +0.2 percentage points. Relative to the selected 10-year average of −5.16% of GDP, the latest reading was above.

-15-10-505191120102024% of GDPSubscribe to view

Get the full series

  • Annual data, 1911–2024
  • Quarterly data, 1992–2021
  • All 3 sources, downloadable

Latest observations

2002–2024

PeriodValue
2024-5.11 % of GDP
2023-5.31 % of GDP
2022-4.96 % of GDP
2021-4.94 % of GDP
2020-9.45 % of GDP
15 earlier values
2019-5.55 % of GDP
2018-4.59 % of GDP
2017-4.48 % of GDP
2016-3.19 % of GDP
2015-3.99 % of GDP
2014-3.6 % of GDP
2013-3.9 % of GDP
2012-4.8 % of GDP
2011-5.38 % of GDP
2010-4.82 % of GDP
2009-4.68 % of GDP
2008-0.5 % of GDP
20071 % of GDP
20060.53 % of GDP
2005-0.51 % of GDP

Values before 2005, back to 2002, are on the chart — hover to read them.

Data release 2026_08_27_1049, published 30 Sept 2026.