24Peaks / Africa / South Africa / Government Debt (MPO)

South Africa - Government Debt (MPO) 78.88

World Bank MPO (Spring 2026) · updated 2026-10-03 · 142 economies tracked

Latest value

78.88 (2028)

Global rank

#n/a of 142 economies

Share of global total

1.0%

Growth since 1990

2.47×

Ranking Race — Government Debt (MPO)

1 = global #1 · lower value ranks higher

#1#24#47#70#93#116#139198019902000201020202028#5#1152016 overtook Trinidad and Tobago2021 overtook Oman
South AfricaZimbabweHaitiAfghanistanSomalia, Federal Republic of

Real annual global ranks, 1980 - 2028. South Africa climbed from #5 to #115 (overtook Trinidad and Tobago). Gaps in a lane = missing data that year.

Key events for South Africa ↓

Key Events — South Africa

Auto-detected from rank data + curated milestones

1994
Democratic transition curated

Sanctions lift; economy reopens to global markets.

2009
Global crisis recession curated

First recession in 17 years.

2010
Fell 17 places in global rank auto
2012
Fell 17 places in global rank auto
2015
Credit rating downgrades curated

Fiscal and growth concerns trigger rating cuts.

2016
Overtook Trinidad and Tobago in global rank auto
2020
COVID-19 recession curated

Deepest contraction in a century.

2021
Overtook Oman in global rank auto

Government Debt (MPO), 1990-2028

World Bank MPO (Spring 2026) · % of GDP · linear scale · ranking in the race above
1990200020102020202823.5942.1660.7479.31

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