South Africa: Government spending, percent of GDP

* indicates monthly or quarterly data series
 South Africa

Government spending as percent of GDP

 Latest value 19.15
 Year 2022
 Measure percent
 Data availability 1960 - 2022
 Average 15.22
 Min - Max 8.08 - 20.57
 Source The World Bank
For that indicator, we provide data for South Africa from 1960 to 2022. The average value for South Africa during that period was 15.22 percent with a minimum of 8.08 percent in 1960 and a maximum of 20.57 percent in 2020. The latest value from 2022 is 19.15 percent. For comparison, the world average in 2022 based on 143 countries is 16.25 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series

Recent values chart
South Africa - Government spending, percent of GDP - Recent values chart

Historical chart
South Africa - Government spending, percent of GDP - historical chart - 1960-2022

The government size of South Africa and other countries is calculated as the total government spending as percent of GDP.
Definition: General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation.

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 Related indicators Latest value Reference Measure
 Government spending, percent of GDP 19.15 2022 percent
 Government spending, in dollars 74.45 2023 billion U.S. dollars
 Fiscal balance, percent of GDP -6.30 2019 percent
 Government debt 73.90 2023 percent
 Government expenditure 342.21 Q3/2023 billion
 Long-term government bond yield 12.06 9/2023 percent
 Tax revenue 25.85 2021 percent
 Commercial tax rate 29.20 2019 percent
 Tax preparation time 210 2019 hours
 Number of taxes 7 2019 taxes
 Taxes on goods and services 33.56 2021 percent
 Taxes on international trade 3.24 2021 percent
 Income and profits taxes 50.23 2021 percent
 Foreign aid 1,039.62 2021 million U.S. dollars
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