Home South Africa Government Government Debt to GDP

South Africa Government Debt to GDP

General government gross debt as % of GDP  GGXWDG_NGDP

77.34% +1.38% (+1.8%)
Year 2025 Rank #39 Global Peak 77.34% (2025) Source IMF WEO

South Africa Government Debt to GDP (2000–2025)

Overview

South Africa's government debt to gdp stood at 77.34% in 2025, a rise of +1.38% from 2024. The IMF projects 77.34% by 2025. South Africa ranked 39th globally.

Data & projection

Year Government Debt to GDP YoY change Rank
2030* IMF 87.10% - -
2029* IMF 85.52% - -
2028* IMF 83.92% - -
2027* IMF 81.92% - -
2026* IMF 79.55% - -
2025* IMF 77.34% - -
2025 77.34% +1.38% #39
2024 75.97% +2.75% #143
2023 73.22% +2.51% #131
2022 70.72% +1.90% #132
2021 68.82% −0.11% #119
2020 68.93% +12.83% #119
2019 56.10% +4.57% #112
2018 51.54% +2.95% #103
2017 48.59% +1.45% #96
2016 47.13% +1.94% #97
2015 45.20% +1.94% #99
2014 43.25% +2.90% #103
2013 40.36% +2.95% #94
2012 37.41% +2.67% #96
2011 34.74% +3.56% #85
Show all years (2000-2025)
* IMF World Economic Outlook projection

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +14.4% GDP growth 3.2% C/A balance 0.0%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

South Africa matched the Export Boom Cycle pattern in 1994. Historically, 71% of countries showing this pattern (546 out of 768) saw government debt to gdp improve within 24 months. View full analysis →

Frequently Asked Questions

What is South Africa's government debt to gdp?

South Africa's government debt to gdp was 77.34% in 2025. Ranked 39th globally. This represents a 1.8% increase from the previous year.

What was the highest government debt to gdp in South Africa?

South Africa's government debt to gdp peaked at 77.34% in 2025.

What was the lowest government debt to gdp in South Africa?

The lowest government debt to gdp in South Africa was 24.05% in 2008.

How does South Africa rank in government debt to gdp?

South Africa ranks 39th globally in government debt to gdp as of 2025.

What is the World Bank indicator code for government debt to gdp?

The World Bank indicator code is GGXWDG_NGDP. Data sourced from IMF WEO.

What is the projected government debt to gdp of South Africa in 2025?

South Africa's government debt to gdp is projected to reach 77.34% by 2025 based on IMF projection.

What is the government debt to gdp of South Africa in 2025?

The government debt to gdp of South Africa in 2025 was 77.34%. This ranks 39th in the world.

Cite this page

APA
South Africa Government Debt to GDP. HistorySaid. Retrieved April 1, 2026, from https://historysaid.com/south-africa/government-debt-to-gdp
BibTeX
@misc{historysaid_south-africa_government-debt-to-gdp, title = {South Africa Government Debt to GDP}, url = {https://historysaid.com/south-africa/government-debt-to-gdp}, publisher = {HistorySaid}, year = {2026} }