Public Debt in South Africa

South Africa Public Debt | Economic News & Forecasts

South Africa - Public Debt

Third-quarter growth topped analysts’ estimates, blunting a short-lived technical recession amid the build-up of inventories. In demand-side terms, household spending staged a comeback on the heels of last year’s value-added tax hike. Fixed investment languished, however, as debt-burdened firms held off amid heightened economic uncertainty. Moreover, net exports restrained growth owing to a pick-up in imports. A supply-side look at the fourth quarter suggests the economic recovery persisted through the end of the year; manufacturing- and retail-sector activity has been picking up since October. On top of that, survey-based data through December hints at a slight improvement in economic sentiment. With little room to maneuver fiscally, Cyril Ramaphosa’s growth-supportive reforms continue to underpin economic prospects. However, they are expected to face hurdles over the coming months in the run-up to this year’s general election.

South Africa - Public Debt Data

2013  2014  2015  2016  2017  
Public Debt (% of GDP)44.1  47.0  49.3  51.6  53.0  

Sample Report

5 years of economic forecasts for more than 30 economic indicators.

Download

South Africa Facts

ValueChangeDate
Bond Yield8.740.29 %Jan 30
Exchange Rate13.58-0.21 %Jan 30
Stock Market0.6-0.44 %Jan 30

Sample Report

Get a sample report showing our regional, country and commodities data and analysis.

Download

Request a Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

Search form