South Africa Household Debt: % of GDP

Key information about South Africa Household Debt: % of GDP

• South Africa household debt accounted for 40.5 % of the country's Nominal GDP in Jun 2024, compared with the ratio of 40.9 % in the previous quarter.
• South Africa household debt to GDP ratio is updated quarterly, available from Mar 1969 to Jun 2024.
• The data reached an all-time high of 49.6 % in Sep 2007 and a record low of 25.0 % in Sep 1980.

• In the latest reports, South Africa Household Debt reached 159.8 USD bn in Jun 2024.
• Money Supply M2 in South Africa increased 5.8 % YoY in Jul 2024.
• South Africa Foreign Exchange Reserves was measured at 45.7 USD bn in Jul 2024.
• The Foreign Exchange Reserves equaled 5.3 Months of Import in Jul 2024.
• South Africa Domestic Credit reached 315.6 USD bn in Aug 2024, representing an increased of 7.8 % YoY.
• The country's Non Performing Loans Ratio stood at 5.4 % in Jul 2024, compared with the ratio of 5.5 % in the previous month.

View South Africa's Household Debt: % of GDP from Mar 1969 to Jun 2024 in the chart:

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What was South Africa's Household Debt: % of GDP in Jun 2024?

South Africa household debt accounted for 40.5 % of the country's Nominal GDP in Jun 2024, compared with the ratio of 40.9 % in the previous quarter. See the table below for more data.

Household Debt: % of GDP by Country Comparison

South Africa Key Series

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