South Africa Government Debt (% of GDP)

Everything federal, provincial and local governments owe combined, compared with the size of the economy.

78.4%

+2.5pp vs 2024

2025 · Annual data

Not applicable, annual data

Matches the latest releaseNot refreshed recently, awaiting the next release

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Government Debt (% of GDP)

2000 to 2025

Source: IMF World Economic Outlook (GGXWDG_NGDP) · general government, % of GDP, annual, actual years only.

South Africa Government Debt (% of GDP) in context

Worked out from the published series shown above.

In South Africa, the government debt rose by 2.5pp in 2025, from 76.0% in 2024.

That is the highest reading in a record that starts in 2000.

Over the past five years it has ranged from 68.8% in 2021 to 78.4% in 2025.

Its average since 2000 is 45.2%, and the latest reading is above that.

South Africa is 20th of 62 countries in our Government Debt to GDP by Country ranking.

How this series is defined

Everything you need to check the figure against the source.

Source
IMF
Series
World
Frequency
Annual
Unit
%
Seasonal adjustment
Not applicable, annual data
Latest observation
2025
Revision status
Latest published estimate, subject to revision

Data refreshed 2026-10-28. Figures are the latest published observations and can be revised.

More South Africa indicators

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