Germany vs South Africa

Germany vs South Africa: Government debt

Government debt: 62.7% of GDP in Germany in 2025 and 76% of GDP in South Africa in 2024, by IMF estimates. In 2024 the value was higher in South Africa, by 14.5 percentage points, or 1.24 times that in Germany.

% of GDP · IMF

Germany vs South Africa: Government debtGovernment debt: 62.7% of GDP in Germany in 2025 and 76% of GDP in South Africa in 2024, by IMF estimates. In 2024 the value was higher in South Africa, by 14.5 percentage points, or 1.24 times that in Germany.
GermanySouth AfricaIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • South Africa has been higher since 2020, when it overtook Germany.
  • The IMF projection (World Economic Outlook, October 2026) puts Germany at 75.6% of GDP and South Africa at 79.8% of GDP in 2031.

Every year

% of GDP · IMF

YearGermanySouth Africa
202562.778.4
202461.476
202361.873.2
202264.170.7
202167.468.8
202067.568.9
201958.456.1
201860.551.5
201763.748.6
201668.147.1
20157145.2
201474.443.3
201377.440.4
201279.837.4
201178.534.7
20108131.2
200972.427
200865.224.1
200763.724.3
200666.428
200567.129.6
20046530.7
200363.331.5
200259.831.8
200158.138.1
200059.237.9
199960.4–
199859.4–
199758.8–
199657.7–
199554.9–
199447.5–
199345.1–
199241.4–
199139–
  • 12.3Projected
IMF projection (World Economic Outlook, October 2026) · 2026–2031
YearGermanySouth Africa
202664.678
20276778.1
202869.378.8
202971.579.5
203073.679.7
203175.679.8

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

Germany vs South Africa

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