Statistics South Africa’s GDP rebasing raised measured nominal GDP by 5.1% (R393 billion), prompting National Treasury to update fiscal ratios. The revised figures put the debt-to-GDP peak at 74.6% in 2025/26, down from the earlier estimate of 78.4%.
At a glance
Affected location: South Africa
Illustrative image: The compliance of the governments financial budget with the strict criteria defined by the Fiscal Compact for each of the EU member states, as laid out in this table . The figures all origin from the economic forecast published by the European Commission in May 2012, and reflect how the figures are forecasted to be if no additional fiscal austerity will be implemented by the government's financial budget law for 2013. http://ec.europa.eu/economy_finance/publications/european_economy/2012/ee1upd_ — Spitzl/Wikimedia Commons, CC BY-SA 3.0
