24Peaks / Africa / South Africa / Sovereign Debt Rating (0-21)

South Africa - Sovereign Debt Rating (0-21) 9.38

World Bank · updated 2026-10-03 · 163 economies tracked

Latest value

9.38 (2025)

Global rank

#n/a of 163 economies

Share of global total

0.5%

Growth since 1994

0.88×

Ranking Race — Sovereign Debt Rating (0-21)

1 = global #1 · lower value ranks higher

#1#16#31#46#61#7619901995200020052010201520202025#11#692023 overtook Dominican Republic2025 overtook Nepal
South AfricaVenezuela, RBLebanonBelarusUkraine

Real annual global ranks, 1990 - 2025. South Africa climbed from #11 to #69 (overtook Dominican Republic). 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.

2015
Credit rating downgrades curated

Fiscal and growth concerns trigger rating cuts.

2020
COVID-19 recession curated

Deepest contraction in a century.

2023
Overtook Dominican Republic in global rank auto
2025
Overtook Nepal in global rank auto

Sovereign Debt Rating (0-21), 1994-2025

World Bank · 0-21 rating · linear scale · ranking in the race above
199420042014202420259.331112.6614.33
Free: latest value, global rank and the ranking race. Subscribers unlock full history, multi-country comparison and export — sign up or login.