South Africa Debt to GDP Ratio 1990-2024

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 2021 was 75.62%, a 1.91% decline from 2020.
  • South Africa debt to gdp ratio for 2020 was 77.53%, a 12.81% increase from 2019.
  • South Africa debt to gdp ratio for 2019 was 64.72%, a 5.46% increase from 2018.
  • South Africa debt to gdp ratio for 2018 was 59.26%, a 3% increase from 2017.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Government Debt as % of GDP
Brazil 86.10%
Albania 82.38%
Colombia 79.78%
South Africa 75.62%
Malaysia 63.40%
Armenia 60.16%
Thailand 58.56%
Romania 55.65%
Bosnia 47.02%
Mexico 46.29%
Turkey 42.73%
Peru 35.66%
Bulgaria 32.81%
Kazakhstan 22.41%
Russia 20.94%
Azerbaijan 16.82%
South Africa Debt to GDP Ratio - Historical Data
Year Government Debt as % of GDP Annual Change
2021 75.62% -1.91%
2020 77.53% 12.81%
2019 64.72% 5.46%
2018 59.26% 3.00%
2017 56.26% 2.52%
2016 53.74% 1.09%
2015 52.65% 13.01%
2000 39.64% -2.54%
1999 42.18% -2.48%
1998 44.65% 1.48%
1997 43.18% -1.05%
1996 44.23% -0.64%
1995 44.87% 0.05%
1994 44.82% 4.87%
1993 39.95% 3.05%
1992 36.90% 2.99%
1991 33.91% 1.52%
1990 32.40% 1.52%