In 2021, general government net debt for South Africa was 3,914 billion LCU. General government net debt of South Africa increased from 427 billion LCU in 2002 to 3,914 billion LCU in 2021 growing at an average annual rate of 12.65%.
The description is composed by our digital data assistant.Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable.receivable.
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