Government Debt in South Africa increased to 98192 USD Million in the second quarter of 2026 from 91638 USD Million in the first quarter of 2026. Government Debt in South Africa averaged 48581.15 USD Million from 2002 until 2026, reaching an all time high of 98233.00 USD Million in the fourth quarter of 2025 and a record low of 11594.00 USD Million in the first quarter of 2003. source: South African Reserve Bank