Government Debt To Gdp Ratio South Africa, List Of Countries By Tax Revenue To Gdp Ratio Wikipedia

Demand for government debt remains robust despite two sovereign credit rating downgrades during 2017.

What is furlough calculated on. Although south africas debt to gdp ratio is relatively modest the government has to offer high interest rates in order to attract traders to its bonds. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow it is measured as of a given date usually the last day of the fiscal year.

Canadas national debt currently sits at about 12 trillion cad 925 billion usd. South africas external debt. South africa recorded a government debt equivalent to 622 percent of the countrys gdp in 2019.

The result of high interest rates and the governments expansion of debt means that interest payments rose from r57 billion in 2010 to r162 billion by q1 2018. By antony sguazzin and prinesha naidoo bloomberg 20 jun 2020 0955. Net debt is expected to stabilise at 532 per cent in 202324.

South africa sees government debt at 1138 of gdp in 2029 the countrys finances have deteriorated rapidly over the past decade. This page provides values for government debt to gdp reported in several countries part of africa. South africas government debt to gdp ratio data is updated quarterly available from dec 1960 to jun 2020.

Debt to gross domestic product gdp increased by 10 percentage points from 2014 to 2018. South africas government debt accounted for 694 of the countrys nominal gdp in jun 2020 compared with the ratio of 633 in the previous quarter. Germanys total debt is at approximately 2291 trillion 2527 trillion usd.

Government debt to gdp in south africa averaged 4145 percent from 2000 until 2019 reaching an all time high of 6220 percent in 2019 and a record low of 2780 percent in 2008. Net debt is expected to be r228 trillion in 201718 or 486 per cent of gdp increasing to r303 trillion or 522 per cent of gdp in 202021. South africa recorded a government debt equivalent to 6220 percent of the countrys gross domestic product in 2019.

South africas external debt accounted for 527 of the countrys nominal gdp in 2019 compared with the ratio of 469 in the previous year. South africa debt to gdp ratio for 2008 was 2602 a 1809 decline from 2000. The table has current values for government debt to gdp previous releases historical highs and record lows release frequency reported.

The data reached an all time high of 527 in dec 2019 and a record low of 189 in dec 2005. This page displays a table with actual values consensus figures forecasts statistics and historical data charts for country list government debt to gdp. Germanys debt ratio is currently at 5981 of its gdp.

Of nominal gdp data is updated yearly available from dec 1985 to dec 2019.