Namibia vs South Africa

Namibia vs South Africa: Government debt

Government debt: 67.6% of GDP in Namibia in 2025 and 76% of GDP in South Africa in 2024, by IMF estimates. In 2024 the value was higher in South Africa, by 7.5 percentage points, or 1.11 times that in Namibia.

% of GDP · IMF

Namibia vs South Africa: Government debtGovernment debt: 67.6% of GDP in Namibia in 2025 and 76% of GDP in South Africa in 2024, by IMF estimates. In 2024 the value was higher in South Africa, by 7.5 percentage points, or 1.11 times that in Namibia.
NamibiaSouth AfricaIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • South Africa has been higher since 2022, when it overtook Namibia.
  • The IMF projection (World Economic Outlook, October 2026) puts Namibia at 71.2% of GDP and South Africa at 79.8% of GDP in 2031.

Every year

% of GDP · IMF

YearNamibiaSouth Africa
202567.678.4
202468.576
202367.273.2
202270.170.7
202169.668.8
202064.368.9
201957.656.1
201848.751.5
201743.848.6
201645.847.1
201542.145.2
201427.643.3
201326.140.4
201224.637.4
201127.534.7
201016.331.2
200915.927
200819.124.1
200719.424.3
200626.128
200526.929.6
200429.230.7
200327.231.5
200222.231.8
200124.438.1
200020.937.9
199921.8–
199819.6–
199717.7–
199618.7–
199518–
199416.4–
199317.2–
  • 12.3Projected
IMF projection (World Economic Outlook, October 2026) · 2026–2031
YearNamibiaSouth Africa
202667.678
202767.878.1
202868.578.8
202969.279.5
203070.279.7
203171.279.8

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

Namibia vs South Africa

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