Home/Countries/South Africa/Government Expense (% of GDP)

South AfricaGovernment Expense (% of GDP)

Category: Fiscal & MonetarySource: World Bank World Development IndicatorsGlobal Rank: #42 of 138Series years: 20002022
Latest Value
33.4%
2022
YoY Change
-3.4%
20212022
Global Rank
#42
of 138 countries
Maximum
37.8%
2020
Minimum
23.7%
2002
CAGR
+1.4%
23 years
Last
33.4%
Previous
34.6%
Highest
37.8%
Lowest
23.7%
Unit
% of GDP
Source
World Bank World Development Indicators

South Africa's government expense (% of GDP) was 33.4% in 2022, ranking #42 out of 138 countries. This represents a -3.4% change from 2021. Over the past 23 years, the highest recorded value was 37.8% (2020) and the lowest was 23.7% (2002). Data sourced from the World Bank World Development Indicators.

South Africa — Government Expense (% of GDP): 33.4243056296085 % of GDP for reference year 2022. Source: World Bank (World Development Indicators). Reference year does not establish final observed status; publisher vintage is not verified here.
Source: World Bank World Development Indicators

Historical Data

YearValueChange
202233.4%-3.4%
202134.6%-8.5%
202037.8%+9.2%
201934.7%+1.9%
201834.0%+2.2%
201733.3%+3.3%
201632.2%-4.4%
201533.7%+5.6%
201431.9%+2.1%
201331.3%+2.9%
201230.4%-2.2%
201131.1%+5.0%
201029.6%+1.6%
200929.1%+7.1%
200827.2%+4.2%
200726.1%+0.9%
200625.8%+0.9%
200525.6%-0.0%
200425.6%+3.4%
200324.8%+4.6%
200223.7%-2.7%
200124.3%-0.4%
200024.4%

Top Countries — Government Expense (% of GDP)

#CountryValueYear
1Naoero103.6%2020
2Kiribati83.7%2023
3Ukraine65.6%2023
4Marshall Islands59.4%2020
5Palau59.0%2020
6Timor-Leste52.5%2022
7Greece47.3%2023
8Italy47.3%2023
9France47.3%2023
10Austria46.0%2023
View all 138 countries →

About This Indicator

Definition

Expense is a decrease in net worth resulting from a transaction. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

Methodology

Original contributors: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF); World Development Indicators, World Bank (WB); National Accounts data files, Organisation for Economic Co-operation and Development (OECD)

Unit

% of GDP

Source: World Bank (World Development Indicators)View original source →