South Africa recorded a Government Debt to GDP of 69.90 percent of the country's Gross Domestic Product in 2021. source: South African Reserve Bank

Government Debt to GDP in South Africa averaged 44.12 percent of GDP from 2000 until 2021, reaching an all time high of 70.70 percent of GDP in 2020 and a record low of 27.80 percent of GDP in 2008. This page provides - South Africa Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Africa Government Debt to GDP - values, historical data and charts - was last updated on February of 2023.

Government Debt to GDP in South Africa is expected to reach 76.80 percent of GDP by the end of 2023, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Africa Government Debt to GDP is projected to trend around 75.10 percent of GDP in 2024 and 73.60 percent of GDP in 2025, according to our econometric models.

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South Africa Government Debt to GDP

Related Last Previous Unit Reference
Government Debt to GDP 69.90 70.70 percent of GDP Dec 2021
Government Budget Value 55820.00 -20839.00 ZAR Million Dec 2022
Government Spending 905142.00 900300.00 ZAR Million Sep 2022
Government Revenues 232006.00 108957.00 ZAR Million Dec 2022
Government Debt 71863.00 78749.00 USD Million Sep 2022
Fiscal Expenditure 176187.00 129796.00 ZAR Million Dec 2022

South Africa Government Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.
Actual Previous Highest Lowest Dates Unit Frequency
69.90 70.70 70.70 27.80 2000 - 2021 percent of GDP Yearly