South Africa vs Upper middle income: PPG, bonds (NFL, current US$)

South Africa
15.08 billion NFL, current US$
in 2025
Upper middle income
83.22 billion NFL, current US$
in 2025
South Africa rank
3rd
Upper middle income rank
3rd

PPG, bonds (NFL, current US$) over time

  • South Africa
  • Upper middle income
-50.0B050.0B100.0B150.0B197019972025

How they compare

Upper middle income currently reports 83.22 billion NFL, current US$ against 15.08 billion NFL, current US$ in South Africa, a difference of 68.14 billion NFL, current US$.

That makes Upper middle income's figure about 5.5 times South Africa's.

The two have swapped places 4 times across 32 shared years of data; in 1994 it was Upper middle income ahead.

South Africa ranks 3rd and Upper middle income ranks 3rd of 79 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$ 20.24 billion NFL, current US$ 18.35 billion NFL, current US$ Upper middle income
2000s 1.18 billion NFL, current US$ 16.91 billion NFL, current US$ 15.74 billion NFL, current US$ Upper middle income
2010s 6.48 billion NFL, current US$ 97.32 billion NFL, current US$ 90.85 billion NFL, current US$ Upper middle income
2020s 1.31 billion NFL, current US$ 57.85 billion NFL, current US$ 56.54 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 83.22 billion NFL, current US$ against 15.08 billion NFL, current US$ in South Africa as of 2025.
What is the difference in ppg, bonds between South Africa and Upper middle income?
68.14 billion NFL, current US$, with Upper middle income ahead.
How many years of comparable data are there for South Africa and Upper middle income?
32 years are reported by both, from 1994 to 2025.
How do South Africa and Upper middle income rank globally for ppg, bonds?
South Africa ranks 3rd and Upper middle income ranks 3rd of 79 countries.
Where does this data come from?
International Debt Statistics, World Bank (WB), published as PPG, bonds (NFL, current US$). 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 12 November 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
92 places, 2,746 data points, 1970–2025
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.