NATIONAL PUBLIC DEBT South Africa 2024

Public debt went up in South Africa

In 2024 South Africa public debt was 282,396 million euros305,568 million dollars, has increased 24,24326,355 million since 2023.

This amount means that the debt in 2024 reached 76.36% of South Africa GDP, a 3 percentage point rise from 2023, when it was 73.36% of GDP.

If we check the tables we can see the evolution of South Africa debt. It has risen since 2014 in global debt terms, when it was 124,078 million euros 164,880 million dollars and also in terms of GDP percentage, when it amounted to 43.25%.

According to the last data point published, South Africa per capita debt in 2024 was 4,535 euros4,907 dollars per inhabitant. In 2023 it was 4,146 euros 4,484 dollars, afterwards rising by 389 euros423 dollars, and if we again check 2014 we can see that then the debt per person was 2,263 euros3,007 dollars .

The position of South Africa, as compared with the rest of the world, has worsened in 2024 in terms of GDP percentage. Currently it is country number 141 in the list of debt to GDP and 109 in debt per capita, out of the 191 we publish.

In this page we show you the progression of the public debt in South Africa. You can see debt in other countries in Public debt and see all the information about South Africa in economy of South Africa.

South Africa: Evolution of debt
DateDebt (M.€.)Debt ($M)Debt (%GDP)Debt Per CapitaDebt Per Capita
2024282,396305,56876.36%€4,535$4,907
2023258,153279,21373.36%€4,146$4,484
2022273,385288,11570.83%€4,456$4,696
2021244,148288,95668.67%€4,026$4,765
2020204,058232,88868.93%€3,401$3,881
2019195,045218,37256.10%€3,299$3,693
2018176,700208,77051.54%€3,034$3,585
2017164,064185,27548.59%€2,860$3,230
2016137,787152,47547.13%€2,437$2,697
2015141,197156,67645.20%€2,534$2,812
2014124,078164,88043.25%€2,263$3,007
2013121,808161,77840.36%€2,258$2,999
2012126,400162,50037.41%€2,382$3,062
2011114,510159,36534.74%€2,193$3,052
201098,087130,14131.19%€1,908$2,532
200964,16789,40227.00%€1,267$1,765
200851,74876,10024.05%€1,036$1,524
200759,03880,92024.33%€1,198$1,643
200667,87485,22728.03%€1,395$1,752
200568,74985,57729.64%€1,430$1,781
200463,32678,73530.73%€1,333$1,657
200354,90362,08831.51%€1,168$1,321
200243,54441,14531.80%€935$883
200157,57051,56138.05%€1,259$1,128
200062,33357,59737.93%€1,388$1,283
South Africa: Evolution of debt as a percentage of GDP

South Africa: Evolution of debt in millions