Argentina vs South Africa

Argentina vs South Africa: Government debt

Government debt: 80.1% of GDP in Argentina in 2025 and 76% of GDP in South Africa in 2024, by IMF estimates. In 2024 the value was higher in Argentina, by 8.6 percentage points, or 1.11 times that in South Africa.

% of GDP · IMF

Argentina vs South Africa: Government debtGovernment debt: 80.1% of GDP in Argentina in 2025 and 76% of GDP in South Africa in 2024, by IMF estimates. In 2024 the value was higher in Argentina, by 8.6 percentage points, or 1.11 times that in South Africa.
ArgentinaSouth AfricaIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • Argentina has been higher in every year both have figures for since 2000.
  • The IMF projection (World Economic Outlook, October 2026) puts Argentina at 53.9% of GDP and South Africa at 79.8% of GDP in 2031.

Every year

% of GDP · IMF

YearArgentinaSouth Africa
202580.178.4
202484.676
2023153.473.2
202284.370.7
20218168.8
2020103.868.9
201989.856.1
201885.351.5
20175748.6
201653.147.1
201552.645.2
201444.743.3
201343.540.4
201240.437.4
201138.934.7
201043.531.2
200955.427
200853.824.1
200762.124.3
200670.828
200580.329.6
2004117.930.7
2003125.231.5
2002147.231.8
20014838.1
200040.837.9
199938.9–
199834.2–
199731.7–
199632.6–
199530.8–
199428.4–
199326.9–
199225–
  • 12.3Projected
IMF projection (World Economic Outlook, October 2026) · 2026–2031
YearArgentinaSouth Africa
202669.478
202770.478.1
202865.678.8
202960.379.5
203056.779.7
203153.979.8

Each country on its own

Good to know

  • What the government owes, as a share of the economy’s yearly output.
  • Source: IMF, World Economic Outlook, October 2026.
  • The dashed line is the IMF projection (World Economic Outlook, October 2026), a scenario rather than a forecast.
  • Ranks count the 149 countries with a value in 2025, highest first.

How the layers work, where their data comes from and what they can’t tell you: Countries through time

Argentina vs South Africa

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