Debt on Non-concessional terms to GDP in South Africa
South Africa: Debt on Non-concessional terms to GDP was 27.8% in 2011. ▲ Rising
Debt on Non-concessional terms to GDP in South Africa, 1994–2011
Source: World Bank, Global Development Finance. Measured in % of GDP.
Analysis
The most recent figure for debt on non-concessional terms to gdp in South Africa is 27.8%, measured in 2011.
That represents a change of down 1.2% on the previous year and up 35.4% over ten years.
Over the whole period, debt on non-concessional terms to gdp in South Africa peaked at 28.2% in 2010 and was at its lowest, 16.0%, in 1994.
South Africa ranks 5th of 50 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 18 years of available data.
Debt on Non-concessional terms to GDP in South Africa, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1994 | 16.0% | — |
| 1995 | 16.8% | +5.1% |
| 1996 | 18.1% | +8.0% |
| 1997 | 20.2% | +11.5% |
| 1998 | 18.5% | -8.7% |
| 1999 | 18.2% | -1.4% |
| 2000 | 18.9% | +4.0% |
| 2001 | 20.5% | +8.5% |
| 2002 | 27.9% | +35.8% |
| 2003 | 21.7% | -22.0% |
| 2004 | 19.0% | -12.7% |
| 2005 | 19.4% | +2.5% |
| 2006 | 21.5% | +10.3% |
| 2007 | 24.2% | +13.0% |
| 2008 | 24.8% | +2.5% |
| 2009 | 27.3% | +9.9% |
| 2010 | 28.2% | +3.1% |
| 2011 | 27.8% | -1.2% |
South Africa compared with similar countries
- South Africa's 27.8% is above the median for upper middle income countries, which is 11.0%, 2.5× the median. (6 countries reporting)
- South Africa's 27.8% is above the median for Sub-Saharan Africa, which is 9.9%, 2.8× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 18.0% | 16.0% | 20.2% | 6 |
| 2000s | 22.5% | 18.9% | 27.9% | 10 |
| 2010s | 28.0% | 27.8% | 28.2% | 2 |
Countries ranked near South Africa
More external debt data for South Africa
- IFC, private nonguaranteed -15.41 million NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita -0.2407 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP -0 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 444.22 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 2.3% (2024)
- Net financial flows, IBRD 910.75 million NFL, current US$ (2024)
- Public and publicly guaranteed debt service 6.5% (2024)
- Net financial flows, IBRD (NFL, current US$), annual growth rate -109.7 % change on previous year (2023)
- Other investment, Debt instruments 53.54 billion US dollar (2025)
- Use of IMF credit 7.63 billion DOD, current US$ (2024)
Frequently asked questions
- What is debt on non-concessional terms to gdp in South Africa?
- Debt on non-concessional terms to gdp in South Africa was 27.8% in 2011, according to World Bank, Global Development Finance.
- What is the highest debt on non-concessional terms to gdp recorded in South Africa?
- The highest recorded value was 28.2% in 2010.
- What is the lowest debt on non-concessional terms to gdp recorded in South Africa?
- The lowest recorded value was 16.0% in 1994.
- How does South Africa rank for debt on non-concessional terms to gdp?
- South Africa ranks 5th out of 50 countries with data for 2011.
- Is debt on non-concessional terms to gdp rising or falling in South Africa?
- Over the last ten years it is up 35.4%. The long-run trend across the full record is rising.
- Where does this South Africa data come from?
- The figures come from World Bank, Global Development Finance, published as part of Debt on Non-concessional terms to GDP (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Non-concessional LDOD conveys information about the borrower's receipt of aid from official lenders on non-concessional terms as defined by the Development Assistance Committee (DAC) of the OECD. Concessional debt is defined as loans with an original grant element of 25 percent or more. The grant equivalent of a loan is its commitment (present) value, less the discounted present value of its contractual debt service; conventionally, future service payments are discounted at 10 percent. The grant element of a loan is the grant equivalent expressed as a percentage of the amount committed. It is used as a measure of the overall cost of borrowing. Loans from major regional development banks--African Development Bank, Asian Development Bank, and the Inter-American Development Bank--and from the World Bank are classified as concessional according to each institution's classification and not according to the DAC definition, as was the practice in earlier reports. Long-term debt outstanding and disbursed (LDOD) is the total outstanding long-term debt at year end. Long-term external debt is defined as debt that has an original or extended maturity of more than one year and that is owed to nonresidents and repayable in currency, goods, or services. Data are in current U.S. dollars.