South Africa Debt to GDP Ratio 1990-2022

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 2008 was 23.60%, a 16.04% decline from 2000.
  • South Africa debt to gdp ratio for 2000 was 39.64%, a 2.54% decline from 1999.
  • South Africa debt to gdp ratio for 1999 was 42.18%, a 2.48% decline from 1998.
  • South Africa debt to gdp ratio for 1998 was 44.65%, a 1.48% increase from 1997.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Government Debt as % of GDP
Jamaica 120.34%
Belize 79.73%
Colombia 65.25%
Marshall Islands 63.01%
Brazil 60.66%
Jordan 55.07%
St. Vincent and the Grenadines 43.51%
St. Lucia 41.63%
Turkey 41.22%
Malaysia 39.80%
Mauritius 33.70%
Maldives 30.34%
Peru 26.08%
South Africa 23.60%
Thailand 22.45%
Guatemala 20.38%
Namibia 16.77%
Belarus 10.66%
Botswana 7.85%
Russia 6.50%
Azerbaijan 4.58%
South Africa Debt to GDP Ratio - Historical Data
Year Government Debt as % of GDP Annual Change
2008 23.60% -16.04%
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%