Households Debt in South Africa decreased to 34.30 percent of GDP in the second quarter of 2024 from 34.40 percent of GDP in the first quarter of 2024. Households Debt to GDP in South Africa averaged 37.33 percent of GDP from 2008 until 2024, reaching an all time high of 44.40 percent of GDP in the first quarter of 2008 and a record low of 34.00 percent of GDP in the third quarter of 2022. source: Bank for International Settlements