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 8.6 percentage points. After the eighth consecutive increasing year, the ratio is estimated to reach 83.6 percent and therefore a new peak in 2029. The general government 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. Here it is depicted in relation to the country's GDP, which refers to the total value of 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. (October 22, 2024). South Africa: National debt in relation to gross domestic product (GDP) from 2019 to 2029 [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/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. October 22, 2024. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/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: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/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 Oct 2024, https://www-statista-com.ezproxy.canberra.edu.au/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.ezproxy.canberra.edu.au/statistics/578887/national-debt-of-south-africa-in-relation-to-gross-domestic-product-gdp/ (last visited November 10, 2024)
South Africa: National debt in relation to gross domestic product (GDP) from 2019 to 2029 [Graph], IMF, October 22, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/578887/national-debt-of-south-africa-in-relation-to-gross-domestic-product-gdp/