South Africa Debt to GDP Ratio 2015-2024

Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year.
  • South Africa debt to gdp ratio for 2022 was 73.00%, a 2.48% increase from 2021.
  • South Africa debt to gdp ratio for 2021 was 70.53%, a 1.57% decline from 2020.
  • South Africa debt to gdp ratio for 2020 was 72.10%, a 11.38% increase from 2019.
  • South Africa debt to gdp ratio for 2019 was 60.71%, a 5.95% increase from 2018.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Government Debt as % of GDP
Jordan 101.14%
Brazil 79.10%
South Africa 73.00%
Costa Rica 71.11%
Colombia 69.87%
Malaysia 60.27%
Romania 50.45%
Armenia 46.55%
Mexico 43.21%
Bosnia 39.93%
Turkey 36.09%
Bulgaria 30.30%
Russia 17.58%
South Africa Debt to GDP Ratio - Historical Data
Year Government Debt as % of GDP Annual Change
2022 73.00% 2.48%
2021 70.53% -1.57%
2020 72.10% 11.38%
2019 60.71% 5.95%
2018 54.76% 2.88%
2017 51.89% 2.16%
2016 49.73% 1.04%
2015 48.68% 1.04%