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South Africa - General government gross debt as a share of GDP

56.7 (%) in 2018

In 2018, government gross debt as a share of GDP for South Africa was 56.7 %. Government gross debt as a share of GDP of South Africa increased from 34.4 % in 2004 to 56.7 % in 2018 growing at an average annual rate of 3.92%.

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What is government gross debt as a share of GDP?

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. This includes debt liabilities in the form of SDRs, currency and deposits, debt securities, loans, insurance, pensions and standardized guarantee schemes, and other accounts payable. Thus, all liabilities in the GFSM 2001 system are debt, except for equity and investment fund shares and financial derivatives and employee stock options. Debt can be valued at current market, nominal, or face values (GFSM 2001, paragraph 7.110).

What is South Africa government gross debt as a share of GDP?

Date Value Change, %
2018 56.7 6.96 %
2017 53.0 3.03 %
2016 51.5 4.32 %
2015 49.3 4.99 %
2014 47.0 6.54 %
2013 44.1 7.57 %
2012 41.0 7.25 %
2011 38.2 10.24 %
2010 34.7 15.28 %
2009 30.1 13.48 %
2008 26.5 -2.05 %
2007 27.1

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