Mortgage loans as a share of GDP reached 20.1 % in 2018 in South Africa, according to the National Central Bank. This is 1.33 % less than in the previous year.
Historically, mortgage loans as a share of GDP in South Africa reached an all time high of 29.7 % in 2010 and an all time low of 15.8 % in 2002.
South Africa has been ranked 5th within the group of 20 countries we follow in terms of mortgage loans as a share of GDP, 21 places above the position seen 10 years ago.
A mortgage loan is a loan secured by real property through the use of a mortgage note.