South Africa Government Debt To GDP

South Africa recorded a Government Debt to GDP of 39.90 percent of the countrys Gross Domestic Product in 2012. Government Debt To GDP in South Africa is reported by the National Treasury, Government of South Africa. From 2000 until 2012, South Africa Government Debt To GDP averaged 35.8 Percent reaching an all time high of 43.5 Percent in December of 2001 and a record low of 27.4 Percent in December of 2008. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - South Africa Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-19

Actual Previous Highest Lowest Forecast Dates Unit Frequency
39.90 38.80 43.50 27.40 41.99 | 2013/12 2000 - 2012 Percent Yearly

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South Africa Government Debt To GDP
LIST BY COUNTRY

Government Last Previous Highest Lowest Forecast Unit
Credit Rating 57.44 [+]
Government Budget Value 12798.00 2014-02-15 -24854.00 30087.00 -71492.00 1443.29 2014-03-31 ZAR Million [+]
Government Spending 426992.00 2013-11-15 424915.00 426992.00 44897.00 426998.94 2014-03-31 ZAR Million [+]
Government Budget -4.70 2013-12-31 -5.20 1.00 -7.40 -4.57 2014-06-30 Percent of GDP [+]
Government Debt To GDP 39.90 2012-12-31 38.80 43.50 27.40 41.99 2013-12-31 Percent [+]
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Government Debt to GDP | Notes
Government debt as a percent of GDP, also known as debt-to-GDP ratio, is the amount of national debt a country has in percentage of its Gross Domestic Product. Basically, Government debt is the money owed by the central government to its creditors. There are two types of government debt: net and gross. Gross debt is the accumulation of outstanding government debt which may be in the form of government bonds, credit default swaps, currency swaps, special drawing rights, loans, insurance and pensions. Net debt is the difference between gross debt and the financial assets that government holds. The higher the debt-to-GDP ratio, the less likely the country will pay its debt back, and more likely the country is to default on its debt obligations.


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