A 2024 assessment of South Africa's public procurement system puts public procurement at about R931.5 billion in 2021-22, around 15% of GDP. The Deputy Minister of Finance told Parliament in 2022 that it was "close to R1 trillion".

CORRECTED · 20 OCTOBER 2026

Corrected 20 October 2026: the figure is R931.5 billion for 2021-22 from the August 2024 assessment. "Close to R1 trillion" is the Deputy Minister's 2022 rounding, not a Treasury figure.

Where it comes from

Source: OECD, World Bank and African Development Bank with National Treasury, Assessment of South Africa's National Public Procurement System, August 2024
Date: Aug 2024
Method: International assessment of the national public procurement system (MAPS), 2021-22 spending
Region: South Africa
Beat: Economy, Policy and Public Sector
Theme: Public procurement

WHAT YOU COPY

A 2024 assessment of South Africa's public procurement system puts public procurement at about R931.5 billion in 2021-22, around 15% of GDP. The Deputy Minister of Finance told Parliament in 2022 that it was "close to R1 trillion". (Source: OECD, World Bank and African Development Bank with National Treasury, Assessment of South Africa's National Public Procurement System, August 2024, Aug 2024). Via SourceDesk: sourcedesk.co.za/e/ndsfff

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