South Africa vs Upper middle income: PPG, bonds

South Africa
6.41 billion NFL, current US$
in 2024
Upper middle income
29.75 billion NFL, current US$
in 2024
South Africa rank
4th
Upper middle income rank
3rd

PPG, bonds over time

  • South Africa
  • Upper middle income
-50.0B050.0B100.0B150.0B197019972024

How they compare

Upper middle income currently reports 29.75 billion NFL, current US$ against 6.41 billion NFL, current US$ in South Africa, a difference of 23.34 billion NFL, current US$.

That makes Upper middle income's figure about 4.6 times South Africa's.

The two have swapped places 4 times across 31 shared years of data; in 1994 it was Upper middle income ahead.

South Africa ranks 4th and Upper middle income ranks 3rd of 78 countries.

Upper middle income has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade South Africa Upper middle income Difference Ahead
1990s 1.88 billion NFL, current US$ 19.15 billion NFL, current US$ 17.27 billion NFL, current US$ Upper middle income
2000s 1.18 billion NFL, current US$ 15.18 billion NFL, current US$ 14.00 billion NFL, current US$ Upper middle income
2010s 6.48 billion NFL, current US$ 91.83 billion NFL, current US$ 85.35 billion NFL, current US$ Upper middle income
2020s -1.44 billion NFL, current US$ 47.31 billion NFL, current US$ 48.75 billion NFL, current US$ Upper middle income

Averages of every year both report within each decade.

Frequently asked questions

Which has higher ppg, bonds, South Africa or Upper middle income?
Upper middle income, at 29.75 billion NFL, current US$ against 6.41 billion NFL, current US$ in South Africa as of 2024.
What is the difference in ppg, bonds between South Africa and Upper middle income?
23.34 billion NFL, current US$, with Upper middle income ahead.
How many years of comparable data are there for South Africa and Upper middle income?
31 years are reported by both, from 1994 to 2024.
How do South Africa and Upper middle income rank globally for ppg, bonds?
South Africa ranks 4th and Upper middle income ranks 3rd of 78 countries.
Where does this data come from?
International Debt Statistics, World Bank (WB), published as PPG, bonds (NFL, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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South Africa vs Upper middle income: PPG, bonds. Statizoid, drawing on International Debt Statistics, World Bank (WB). Retrieved 21 August 2026, from https://debt.statizoid.com/compare/ppg-bonds-nfl-current-us/south-africa/upper-middle-income/

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About this data

Indicator
PPG, bonds (NFL, current US$)
Unit
NFL, current US$
Source
International Debt Statistics, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
90 places, 2,598 data points, 1970–2024
Last refreshed

Public and publicly guaranteed debt from bonds that are either publicly issued or privately placed. Net flows (or net lending or net disbursements) received by the borrower during the year are disbursements minus principal repayments. Data are in current U.S. dollars.