South Africa recorded a government budget deficit of 14620 ZAR Million in May of 2026. Government Budget Value in South Africa averaged -21676.68 ZAR Million from 2011 until 2026, reaching an all time high of 73838.29 ZAR Million in June of 2022 and a record low of -150850.00 ZAR Million in July of 2025. source: National Treasury, South Africa



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-05-29 12:00 PM
Budget Balance
Apr ZAR-63.57B ZAR-45.61B ZAR -60.0B
2026-06-30 10:20 AM
Budget Balance
May ZAR-14.62B ZAR-63.57B ZAR -10.0B
2026-07-30 09:30 AM
Budget Balance
Jun ZAR-14.62B


Related Last Previous Unit Reference
Fiscal Expenditure 161152.00 181113.00 ZAR Million May 2026
Government Budget -4.50 -5.00 percent of GDP Dec 2025
Budget Balance -14620.00 -63570.00 ZAR Million May 2026
Government Debt 91638.00 98233.00 USD Million Mar 2026
Government Debt to GDP 78.90 76.90 percent of GDP Dec 2025
Government Revenues 146532.00 117547.00 ZAR Million May 2026
Government Spending 925699.00 919944.00 ZAR Million Mar 2026


South Africa Government Budget Value
The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues.
Actual Previous Highest Lowest Dates Unit Frequency
-14620.00 -63570.00 73838.29 -150850.00 2011 - 2026 ZAR Million Monthly
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