PPG, commercial banks (NFL, current US$) in South Africa
South Africa: PPG, commercial banks (NFL, current US$) was 112.05 million NFL, current US$ in 2024. ◆ Volatile
PPG, commercial banks in South Africa, 1994–2024
Source: International Debt Statistics, World Bank (WB). Measured in NFL, current US$.
Analysis
The most recent figure for ppg, commercial banks in South Africa is 112.05 million NFL, current US$, measured in 2024.
That represents a change of up 117.6% on the previous year and up 121.0% over ten years.
Over the whole period, ppg, commercial banks in South Africa peaked at 4.18 billion NFL, current US$ in 2018 and was at its lowest, -1.89 billion NFL, current US$, in 2021.
That places South Africa 18th out of 116 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
PPG, commercial banks (NFL, current US$) in South Africa, year by year
| Year | NFL, current US$ | Change |
|---|---|---|
| 1994 | 154.40 million NFL, current US$ | — |
| 1995 | 110.84 million NFL, current US$ | -28.2% |
| 1996 | -415.29 million NFL, current US$ | -474.7% |
| 1997 | -26.11 million NFL, current US$ | -93.7% |
| 1998 | -356.50 million NFL, current US$ | +1265.4% |
| 1999 | -106.61 million NFL, current US$ | -70.1% |
| 2000 | -529.23 million NFL, current US$ | +396.4% |
| 2001 | -904.03 million NFL, current US$ | +70.8% |
| 2002 | -26.20 million NFL, current US$ | -97.1% |
| 2003 | -326.00 million NFL, current US$ | +1144.2% |
| 2004 | 593.97 million NFL, current US$ | -282.2% |
| 2005 | 1.05 billion NFL, current US$ | +76.4% |
| 2006 | -971.31 million NFL, current US$ | -192.7% |
| 2007 | -559.33 million NFL, current US$ | -42.4% |
| 2008 | -296.03 million NFL, current US$ | -47.1% |
| 2009 | -1.50 billion NFL, current US$ | +408.4% |
| 2010 | 284.64 million NFL, current US$ | -118.9% |
| 2011 | 981.10 million NFL, current US$ | +244.7% |
| 2012 | 721.21 million NFL, current US$ | -26.5% |
| 2013 | -464.88 million NFL, current US$ | -164.5% |
| 2014 | -533.09 million NFL, current US$ | +14.7% |
| 2015 | 2.14 billion NFL, current US$ | -501.1% |
| 2016 | -681.07 million NFL, current US$ | -131.8% |
| 2017 | 488.18 million NFL, current US$ | -171.7% |
| 2018 | 4.18 billion NFL, current US$ | +755.3% |
| 2019 | -1.37 billion NFL, current US$ | -132.8% |
| 2020 | -598.33 million NFL, current US$ | -56.4% |
| 2021 | -1.89 billion NFL, current US$ | +215.6% |
| 2022 | -644.14 million NFL, current US$ | -65.9% |
| 2023 | -636.17 million NFL, current US$ | -1.2% |
| 2024 | 112.05 million NFL, current US$ | -117.6% |
South Africa compared with similar countries
- South Africa's 112.05 million NFL, current US$ is above the median for upper middle income countries, which is -4.15 million NFL, current US$. (51 countries reporting)
- South Africa's 112.05 million NFL, current US$ is above the median for Sub-Saharan Africa, which is -140,000 NFL, current US$. (41 countries reporting)
Biggest year-on-year movements
Years where PPG, commercial banks (NFL, current US$) in South Africa changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1998 | -1265.4% | -26.11 million NFL, current US$ | -356.50 million NFL, current US$ |
| 2003 | -1144.2% | -26.20 million NFL, current US$ | -326.00 million NFL, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -106.55 million NFL, current US$ | -415.29 million NFL, current US$ | 154.40 million NFL, current US$ | 6 |
| 2000s | -347.54 million NFL, current US$ | -1.50 billion NFL, current US$ | 1.05 billion NFL, current US$ | 10 |
| 2010s | 573.88 million NFL, current US$ | -1.37 billion NFL, current US$ | 4.18 billion NFL, current US$ | 10 |
| 2020s | -730.96 million NFL, current US$ | -1.89 billion NFL, current US$ | 112.05 million NFL, current US$ | 5 |
Countries ranked near South Africa
- 15 Jordan 229.28 million NFL, current US$ compare
- 16 Ghana 167.13 million NFL, current US$ compare
- 17 Togo 155.35 million NFL, current US$ compare
- 19 Maldives 94.80 million NFL, current US$ compare
- 20 Turkey 68.64 million NFL, current US$ compare
- 21 Burkina Faso 62.99 million NFL, current US$ compare
More external debt data for South Africa
- Net financial flows, IBRD 1.36 billion NFL, current US$ (2025)
- 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)
- Use of IMF credit 6.45 billion DOD, current US$ (2025)
- External debt stocks, public and publicly guaranteed (PPG) 115.04 billion DOD, current US$ (2025)
- External debt stocks, long-term 139.25 billion DOD, current US$ (2025)
- External debt stocks, short-term 60.64 billion DOD, current US$ (2025)
- Short-term debt 29.4% (2025)
- Net financial flows, IBRD (NFL, current US$), annual growth rate -109.7 % change on previous year (2023)
Frequently asked questions
- What is ppg, commercial banks in South Africa?
- Ppg, commercial banks in South Africa was 112.05 million NFL, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest ppg, commercial banks recorded in South Africa?
- The highest recorded value was 4.18 billion NFL, current US$ in 2018.
- What is the lowest ppg, commercial banks recorded in South Africa?
- The lowest recorded value was -1.89 billion NFL, current US$ in 2021.
- How does South Africa rank for ppg, commercial banks?
- South Africa ranks 18th out of 116 countries with data for 2024.
- Is ppg, commercial banks rising or falling in South Africa?
- Over the last ten years it is up 121.0%. 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 PPG, commercial banks (NFL, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 31 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Public and publicly guaranteed commercial bank loans from private banks and other private financial institutions. 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.