Foreign debt reached 176,335 USD bil in 2017 in South Africa, according to the National Statistical Office. This is 20.7 % more than in the previous year.
Historically, foreign debt in South Africa reached an all time high of 176,335 USD bil in 2017 and an all time low of 21,671 USD bil in 1994. When compared to South Africa's main peers, foreign debt in Botswana amounted to 1,740 USD bil, 936 USD bil in Lesotho and 651 USD bil in Swaziland in 2017.
South Africa has been ranked 8th within the group of 111 countries we follow in terms of foreign debt, 3 places above the position seen 10 years ago.
Foreign (or external) debt is that part of the total debt in a country that is owed to creditors outside the country.