Households Debt in South Africa increased to 34.60 percent of GDP in the first quarter of 2024 from 34.40 percent of GDP in the fourth quarter of 2023. Households Debt to GDP in South Africa averaged 37.12 percent of GDP from 2008 until 2024, reaching an all time high of 43.90 percent of GDP in the first quarter of 2008 and a record low of 33.10 percent of GDP in the fourth quarter of 2017. source: Bank for International Settlements