Top 10 African countries with the largest national budgets, 2025

The 2025 budget allocations highlight significant investments in infrastructure, social services, and economic transformation across the continent.

South Africa tops the list

South Africa leads Africa’s national budgets for 2025, with an impressive allocation of $141.4 billion.

The country’s budget prioritises infrastructure, social services, and economic development.

North African nations dominate

Algeria follows closely with a budget of $126 billion, reflecting significant investments in energy and defence.

Egypt ranks third with $91 billion, directing funds towards education, healthcare, and public infrastructure. Morocco also features prominently, with a national budget of $73 billion.

Sub-Saharan Africa’s key players

Angola secures the fifth spot with a budget of $37.847 billion, largely driven by its oil revenue. Nigeria, Africa’s most populous nation, has a budget of $36.7 billion, focusing on economic diversification and infrastructure.

Kenya follows with a budget of $32.65 billion, prioritising education, health, and economic growth.

West and North African budgets

Libya, despite political challenges, maintains a budget of $26 billion. Côte d’Ivoire and Tunisia round out the top ten, with budgets of $25.22 billion and $25.16 billion, respectively, both aimed at fostering economic stability and development.

The 2025 national budgets underscore Africa’s commitment to economic growth, infrastructure expansion, and social development.

As countries navigate challenges such as inflation, debt management, and political instability, these budget allocations will be instrumental in shaping the continent’s future economic landscape.