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South Africa announces two months of fuel tax relief
South Africa announces two months of fuel tax relief to cushion higher pump prices, at an estimated cost of 10 billion rand in lost Treasury revenue.
Indicator
Fiscal balance
Government revenue minus expenditure as a share of GDP. A negative balance is a deficit that must be financed through borrowing. WAEMU's convergence criterion aims to keep the deficit at or below 3% of GDP.
Unit : % of GDP · Source : IMF, World Economic Outlook
- −6% or less
- −6% to −2%
- −2% to +2%
- +2% to +6%
- +6% or more
- no data
| Rank | Country | Value | Year |
|---|---|---|---|
| 1 | Lesotho | +4.9% | 2025 |
| 2 | South Sudan | +3.3% | 2025 |
| 3 | Eritrea | +2.7% | 2019 |
| 4 | Cape Verde | +1.1% | 2025 |
| 5 | Congo - Brazzaville | +0.7% | 2025 |
| 6 | Zimbabwe | +0.1% | 2025 |
| 7 | Mauritania | -0.3% | 2025 |
| 8 | Somalia | -0.3% | 2025 |
| 9 | Chad | -0.3% | 2025 |
| 10 | Equatorial Guinea | -0.6% | 2025 |
| 11 | Seychelles | -1.0% | 2025 |
| 12 | Ethiopia | -1.2% | 2025 |
| 13 | Comoros | -1.3% | 2025 |
| 14 | Ghana | -1.3% | 2025 |
| 15 | Djibouti | -1.4% | 2025 |
| 16 | Burkina Faso | -1.5% | 2025 |
| 17 | Mali | -1.5% | 2025 |
| 18 | Nigeria | -1.8% | 2025 |
| 19 | Cameroon | -2.1% | 2025 |
| 20 | Liberia | -2.1% | 2025 |
| 21 | Madagascar | -2.1% | 2025 |
| 22 | Congo - Kinshasa | -2.4% | 2025 |
| 23 | Tanzania | -2.6% | 2025 |
| 24 | Benin | -2.7% | 2025 |
| 25 | Niger | -2.9% | 2025 |
| 26 | Côte d’Ivoire | -3.0% | 2025 |
| 27 | Sudan | -3.1% | 2025 |
| 28 | Burundi | -3.2% | 2025 |
| 29 | Togo | -3.2% | 2025 |
| 30 | São Tomé & Príncipe | -3.4% | 2025 |
| 31 | Morocco | -3.5% | 2025 |
| 32 | Central African Republic | -3.8% | 2025 |
| 33 | Mauritius | -3.8% | 2025 |
| 34 | Zambia | -3.8% | 2025 |
| 35 | Angola | -4.1% | 2025 |
| 36 | Sierra Leone | -4.2% | 2025 |
| 37 | Rwanda | -4.4% | 2025 |
| 38 | Gambia | -4.7% | 2025 |
| 39 | Mozambique | -5.1% | 2025 |
| 40 | Tunisia | -5.3% | 2025 |
| 41 | South Africa | -5.6% | 2025 |
| 42 | Namibia | -5.9% | 2025 |
| 43 | Botswana | -6.1% | 2025 |
| 44 | Guinea | -6.4% | 2025 |
| 45 | Senegal | -6.4% | 2025 |
| 46 | Kenya | -6.5% | 2025 |
| 47 | Egypt | -6.6% | 2025 |
| 48 | Uganda | -6.6% | 2025 |
| 49 | Guinea-Bissau | -6.7% | 2025 |
| 50 | Eswatini | -7.8% | 2025 |
| 51 | Malawi | -10.2% | 2025 |
| 52 | Algeria | -10.5% | 2025 |
| 53 | Gabon | -12.1% | 2025 |
| 54 | Libya | -30.5% | 2025 |
Source: IMF, World Economic Outlook. Latest observed or estimated value from the source, excluding projections.
Method and source
Method and source
IMF World Economic Outlook data are published twice a year, in April and October. Values for the current and future years are projections; the ranking uses each country's latest observed or estimated year. Updated automatically every week on bifinances.
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