Debt service on external debt, public and publicly guaranteed (PPG) in South Africa
South Africa: Debt service on external debt, public and publicly guaranteed (PPG) was 8.93 billion TDS, current US$ in 2024. ◆ Volatile
Debt service on external debt, public and publicly guaranteed (PPG) in South Africa, 1994–2024
Source: International Debt Statistics, World Bank (WB). Measured in TDS, current US$.
Analysis
In 2024, debt service on external debt, public and publicly guaranteed (ppg) in South Africa stood at 8.93 billion TDS, current US$.
Compared with earlier readings it is down 10.8% on the previous year and up 101.6% over ten years.
Over the whole period, debt service on external debt, public and publicly guaranteed (ppg) in South Africa peaked at 15.89 billion TDS, current US$ in 2015 and was at its lowest, 1.18 billion TDS, current US$, in 1999.
That places South Africa 14th out of 123 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Debt service on external debt, public and publicly guaranteed (PPG) in South Africa, year by year
| Year | TDS, current US$ | Change |
|---|---|---|
| 1994 | 1.48 billion TDS, current US$ | — |
| 1995 | 1.77 billion TDS, current US$ | +19.0% |
| 1996 | 2.23 billion TDS, current US$ | +26.6% |
| 1997 | 2.15 billion TDS, current US$ | -3.8% |
| 1998 | 2.66 billion TDS, current US$ | +23.6% |
| 1999 | 1.18 billion TDS, current US$ | -55.4% |
| 2000 | 2.32 billion TDS, current US$ | +96.0% |
| 2001 | 2.66 billion TDS, current US$ | +14.7% |
| 2002 | 1.91 billion TDS, current US$ | -28.3% |
| 2003 | 2.33 billion TDS, current US$ | +22.1% |
| 2004 | 2.00 billion TDS, current US$ | -14.3% |
| 2005 | 4.08 billion TDS, current US$ | +104.1% |
| 2006 | 4.34 billion TDS, current US$ | +6.4% |
| 2007 | 2.73 billion TDS, current US$ | -37.2% |
| 2008 | 3.16 billion TDS, current US$ | +16.0% |
| 2009 | 3.18 billion TDS, current US$ | +0.7% |
| 2010 | 3.24 billion TDS, current US$ | +1.7% |
| 2011 | 3.78 billion TDS, current US$ | +16.5% |
| 2012 | 5.98 billion TDS, current US$ | +58.5% |
| 2013 | 8.42 billion TDS, current US$ | +40.8% |
| 2014 | 4.43 billion TDS, current US$ | -47.4% |
| 2015 | 15.89 billion TDS, current US$ | +258.6% |
| 2016 | 5.69 billion TDS, current US$ | -64.2% |
| 2017 | 5.53 billion TDS, current US$ | -2.8% |
| 2018 | 15.70 billion TDS, current US$ | +183.8% |
| 2019 | 7.67 billion TDS, current US$ | -51.1% |
| 2020 | 11.11 billion TDS, current US$ | +44.8% |
| 2021 | 11.33 billion TDS, current US$ | +2.0% |
| 2022 | 13.68 billion TDS, current US$ | +20.7% |
| 2023 | 10.01 billion TDS, current US$ | -26.8% |
| 2024 | 8.93 billion TDS, current US$ | -10.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.91 billion TDS, current US$ | 1.18 billion TDS, current US$ | 2.66 billion TDS, current US$ | 6 |
| 2000s | 2.87 billion TDS, current US$ | 1.91 billion TDS, current US$ | 4.34 billion TDS, current US$ | 10 |
| 2010s | 7.63 billion TDS, current US$ | 3.24 billion TDS, current US$ | 15.89 billion TDS, current US$ | 10 |
| 2020s | 11.01 billion TDS, current US$ | 8.93 billion TDS, current US$ | 13.68 billion TDS, current US$ | 5 |
Countries ranked near South Africa
- 11 Pakistan 11.22 billion TDS, current US$ compare
- 12 Angola 9.86 billion TDS, current US$ compare
- 13 Philippines 9.67 billion TDS, current US$ compare
- 15 Morocco 6.07 billion TDS, current US$ compare
- 16 Viet Nam 5.85 billion TDS, current US$ compare
- 17 Kazakhstan 5.55 billion TDS, current US$ compare
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 service on external debt, public and publicly guaranteed (ppg) in South Africa?
- Debt service on external debt, public and publicly guaranteed (ppg) in South Africa was 8.93 billion TDS, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest debt service on external debt, public and publicly guaranteed (ppg) recorded in South Africa?
- The highest recorded value was 15.89 billion TDS, current US$ in 2015.
- What is the lowest debt service on external debt, public and publicly guaranteed (ppg) recorded in South Africa?
- The lowest recorded value was 1.18 billion TDS, current US$ in 1999.
- How does South Africa rank for debt service on external debt, public and publicly guaranteed (ppg)?
- South Africa ranks 14th out of 123 countries with data for 2024.
- Is debt service on external debt, public and publicly guaranteed (ppg) rising or falling in South Africa?
- Over the last ten years it is up 101.6%. The long-run trend across the full record is volatile.
- Where does this South Africa data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$). Statizoid updates them automatically from the source API.
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About this data
Public and publicly guaranteed debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term obligations of public debtors and long-term private obligations guaranteed by a public entity. Data are in current U.S. dollars.