Interest payments on government debt as a share of government expense reached 11.1% in 2020 in South Africa, according to the National Statistical Office. This is 3.81% more than in the previous year.
Historically, interest payments on government debt as a share of government expense in South Africa reached an all time high of 19.7% in 1998 and an all time low of 6.17% in 1975.
South Africa has been ranked 25th within the group of 110 countries we follow in terms of interest payments on government debt as a share of government expense.
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