Government Debt to GDP in South Africa increased to 83 percent in 2020 from 62.20 percent in 2019. source: South African Reserve Bank

Government Debt to GDP in South Africa averaged 43.43 percent from 2000 until 2020, reaching an all time high of 83 percent in 2020 and a record low of 27.80 percent 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 December of 2021.

Government Debt to GDP in South Africa is expected to reach 82.00 percent of GDP by the end of 2021, 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 85.00 percent of GDP in 2022 and 87.00 percent of GDP in 2023, according to our econometric models.

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South Africa Government Debt to GDP

Related Last Previous Unit Reference
Government Debt to GDP 80.30 63.30 percent of GDP Dec/20
Government Budget Value 1715.00 -42054.00 ZAR Million Sep/21
Government Spending 895811.00 896913.00 ZAR Million Jun/21
Government Revenues 134628.00 123282.00 ZAR Million Sep/21
Government Debt 84435.00 76176.00 USD Million Jun/21
Fiscal Expenditure 132912.00 165336.00 ZAR Million Sep/21
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.