The ratio of national debt to gross domestic product (GDP) in South Africa was forecast to continuously increase between 2024 and 2029 by in total 10.3 percentage points. After the eighth consecutive increasing year, the ratio is estimated to reach 85.73 percent and therefore a new peak in 2029. Depicted here is the general government gross debt in relation to the country's GDP. According to the International Monetary Fund, gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. The GDP, on the other hand, refers to the total value of final goods and services produced during a year.
Find more key insights for the ratio of national debt to gross domestic product (GDP) in countries like Eswatini, Lesotho and Botswana.
South Africa: National debt in relation to gross domestic product (GDP) from 2019 to 2029
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IMF. (April 22, 2024). South Africa: National debt in relation to gross domestic product (GDP) from 2019 to 2029 [Graph]. In Statista. Retrieved August 16, 2024, from https://www.statista.com/statistics/578887/national-debt-of-south-africa-in-relation-to-gross-domestic-product-gdp/
IMF. "South Africa: National debt in relation to gross domestic product (GDP) from 2019 to 2029." Chart. April 22, 2024. Statista. Accessed August 16, 2024. https://www.statista.com/statistics/578887/national-debt-of-south-africa-in-relation-to-gross-domestic-product-gdp/
IMF. (2024). South Africa: National debt in relation to gross domestic product (GDP) from 2019 to 2029. Statista. Statista Inc.. Accessed: August 16, 2024. https://www.statista.com/statistics/578887/national-debt-of-south-africa-in-relation-to-gross-domestic-product-gdp/
IMF. "South Africa: National Debt in Relation to Gross Domestic Product (Gdp) from 2019 to 2029." Statista, Statista Inc., 22 Apr 2024, https://www.statista.com/statistics/578887/national-debt-of-south-africa-in-relation-to-gross-domestic-product-gdp/
IMF, South Africa: National debt in relation to gross domestic product (GDP) from 2019 to 2029 Statista, https://www.statista.com/statistics/578887/national-debt-of-south-africa-in-relation-to-gross-domestic-product-gdp/ (last visited August 16, 2024)
South Africa: National debt in relation to gross domestic product (GDP) from 2019 to 2029 [Graph], IMF, April 22, 2024. [Online]. Available: https://www.statista.com/statistics/578887/national-debt-of-south-africa-in-relation-to-gross-domestic-product-gdp/