South Africa recorded a government budget surplus of 38440 ZAR Million in December of 2025. Government Budget Value in South Africa averaged -21349.98 ZAR Million from 2011 until 2025, 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
2025-12-30 11:15 AM
Budget Balance
Nov ZAR-14.99B ZAR-35.83B ZAR -34.0B
2026-01-30 09:45 AM
Budget Balance
Dec ZAR 38.44B ZAR-14.99B ZAR 24.0B
2026-02-27 09:30 AM
Budget Balance
Jan ZAR 38.44B


Related Last Previous Unit Reference
Fiscal Expenditure 159146.00 157042.00 ZAR Million Nov 2025
Government Budget -5.00 -4.90 percent of GDP Dec 2024
Budget Balance 38440.00 -14990.00 ZAR Million Dec 2025
Government Debt 93981.00 87456.00 USD Million Sep 2025
Government Debt to GDP 76.90 73.40 percent of GDP Dec 2024
Government Revenues 144159.00 121211.00 ZAR Million Nov 2025
Government Spending 914941.00 912423.00 ZAR Million Sep 2025


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
38440.00 -14990.00 73838.29 -150850.00 2011 - 2025 ZAR Million Monthly
Current Prices, NSA