South Africa Private Credit to GDP
89.4%▼ −0.26 pt
Dec 2024 · Annual
South Africa's private credit as a share of GDP stood at 89.45% in 2024, down from 89.71% a year earlier. The ratio remains well below the all-time high of 142.42% recorded in 2007 and is more than 39 percentage points above the series low of 50.09% from 1980. Data extend back to 1965.
| Actual | Previous | Highest | Lowest | Dates | Frequency |
|---|---|---|---|---|---|
| 89.4% | 89.7% | 142.4%Dec 2007 | 50.1%Dec 1980 | 1965 – 2024 | Annual |
Related indicators
| Indicator | Last | Previous | Highest | Lowest | Last updated | Frequency |
|---|---|---|---|---|---|---|
| Interest Rate | 7.0% | 7.0% | 21.9% | 3.5% | Jul 2026 | Monthly |
| GDP | $427.2B | $401.1B | $458.2B | $8.7B | Dec 2025 | Annual |
About this series
Private Credit to GDP in South Africa averaged 112.0% from 1965 until 2024, reaching an all-time high of 142.4% in Dec 2007 and a record low of 50.1% in Dec 1980. The series is reported yearly with history from 1965.
Private credit to GDP is the ratio of financial sector claims on the private sector to gross domestic product. It is expressed as a percentage of GDP and reported on an annual basis for South Africa. The series spans from 1965 to the present.
Source & methodology
We use primary economic sources for every country. See our methodology page for how we source and verify this data.
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