South Africa recorded a Government Debt to GDP of 76.90 percent of the country's Gross Domestic Product in 2024. Government Debt to GDP in South Africa averaged 47.75 percent of GDP from 2000 until 2024, reaching an all time high of 76.90 percent of GDP in 2024 and a record low of 27.80 percent of GDP in 2008. source: South African Reserve Bank
Government Debt to GDP in South Africa is expected to reach 77.90 percent of GDP by the end of 2025, 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 77.20 percent of GDP in 2026 and 76.70 percent of GDP in 2027, according to our econometric models.