Indonesia vs South Africa

Indonesia vs South Africa: Government debt

Government debt: 40.9% of GDP in Indonesia in 2025 and 76% of GDP in South Africa in 2024, by IMF estimates. In 2024 the value was higher in South Africa, by 35.8 percentage points, or 1.89 times that in Indonesia.

% of GDP · IMF

Indonesia vs South Africa: Government debtGovernment debt: 40.9% of GDP in Indonesia in 2025 and 76% of GDP in South Africa in 2024, by IMF estimates. In 2024 the value was higher in South Africa, by 35.8 percentage points, or 1.89 times that in Indonesia.
IndonesiaSouth AfricaIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • South Africa has been higher since 2009, when it overtook Indonesia.
  • The IMF projection (World Economic Outlook, October 2026) puts Indonesia at 41.6% of GDP and South Africa at 79.8% of GDP in 2031.

Every year

% of GDP · IMF

YearIndonesiaSouth Africa
202540.978.4
202440.276
202339.673.2
202240.170.7
202141.168.8
202039.868.9
201930.656.1
201830.451.5
201729.448.6
20162847.1
20152745.2
201424.643.3
201324.940.4
20122337.4
201123.134.7
201026.431.2
200926.527
200830.324.1
200738.124.3
200635.928
200542.629.6
200451.330.7
200355.631.5
200262.331.8
200173.738.1
200087.437.9
  • 12.3Projected
IMF projection (World Economic Outlook, October 2026) · 2026–2031
YearIndonesiaSouth Africa
202641.778
202741.678.1
202841.478.8
202941.579.5
203041.679.7
203141.679.8

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

Indonesia vs South Africa

Health

People

Economy

Education

Politics

Conflict

Military

Climate

Technology and environment