Government · official observation

South Africa government debt

The latest available value was 82.8% in 2024. Compared with 2023, the latest value changed by +3.3 pts.

Latest availableWorld Bank sourceNo forecast values
Latest available value82.8%

South Africa · 2024

Change from 2023+3.3 pts

One period comparison, not annualized

Data statusLatest available

Observed source series

Historical observationsSouth Africa Government debt
82.8%2024
Explain this chart
What changed+3.3 pts

The latest plotted observation compared with the one immediately before it.

What could matter

Budget balances, Interest costs, Growth

What this cannot prove

Coverage is incomplete and central government definitions do not always capture the full public sector.

View accessible data table
PeriodValueStatus
202482.8%observed
202379.4%observed
202276.2%observed
202174.1%observed
202075.7%observed
201964.6%observed
201859.1%observed
201756.3%observed
201653.7%observed
201552.7%observed
Definition

What this number measures

Central government debt as a percentage of GDP where a comparable observation is available.

Why people watch it

Debt affects future budgets and borrowing conditions, but its meaning depends on interest costs, currency, maturity, and economic capacity.

What can influence it
  • 01Budget balances
  • 02Interest costs
  • 03Growth
  • 04Inflation
  • 05Exchange rates

These are common mechanisms, not claims about what caused the latest movement in South Africa.

Read with care

Limits of this comparison

Coverage is incomplete and central government definitions do not always capture the full public sector.

Annual observations can refer to different release schedules. Recent values can also be revised by the source.

Source record

World Bank World Development Indicators

Series GC.DOD.TOTL.GD.ZS. Retrieved August 5, 2026. Values remain attributable to the original source.