Ratio of government expenditure to gross domestic product (GDP) in South Africa 2029
The ratio of government expenditure to GDP in South Africa was forecast to decrease between 2024 and 2029 by in total 0.9 percentage points. This overall decrease does not happen continuously, notably not in 2028. The ratio is estimated to amount to 32.28 percent in 2029.
This indicator depicts the general government expenditure as a share of the national gross domestic product. The International Monetary Fund defines the general government expenditure as consisting of total expense and the net acquisition of nonfinancial assets. The gross domestic product represents the total value of final goods and services produced during a year.
Find more key insights for the ratio of government expenditure to GDP in countries like Lesotho, Botswana, and Eswatini.
This indicator depicts the general government expenditure as a share of the national gross domestic product. The International Monetary Fund defines the general government expenditure as consisting of total expense and the net acquisition of nonfinancial assets. The gross domestic product represents the total value of final goods and services produced during a year.
Find more key insights for the ratio of government expenditure to GDP in countries like Lesotho, Botswana, and Eswatini.
