In 2023, the gross government debt in China is projected to reach around 14 trillion U.S. dollars, significantly higher than the gross government debt of other BRICS economies at this time. The major emerging economy with the lowest government debt is expected to be South Africa with 275 billion U.S. dollars.
Gross government debt in BRICS from 2014 to 2023
(in billion U.S. dollars)
Characteristic
Brazil
China
India
Russia
South Africa
2023**
1,853.37
14,214.96
2,958.37
345.47
274.47
2022*
1,676.92
12,680.62
2,648.31
295.62
251.27
2021
1,588.55
11,246.65
2,358.89
227.08
227.67
2020
1,448
9,833.51
2,106.76
210.36
204.37
2019
1,275.87
8,180.45
1,810.3
153.7
168.2
2018
1,176.89
7,092.97
1,596.47
144.28
147.32
2017
1,080.02
6,227.11
1,428.78
134.07
131.51
2016
962.03
5,170.25
1,273.38
129.68
119.57
2015
852.41
3,925.22
1,141.11
129.55
106.49
2014
705.76
3,532.61
1,003.95
122.01
95.3
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IMF. (October 10, 2023). Gross government debt in BRICS from 2014 to 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved October 31, 2024, from https://www.statista.com/statistics/1034471/gross-government-debt-emerging-economies/
IMF. "Gross government debt in BRICS from 2014 to 2023 (in billion U.S. dollars)." Chart. October 10, 2023. Statista. Accessed October 31, 2024. https://www.statista.com/statistics/1034471/gross-government-debt-emerging-economies/
IMF. (2023). Gross government debt in BRICS from 2014 to 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: October 31, 2024. https://www.statista.com/statistics/1034471/gross-government-debt-emerging-economies/
IMF. "Gross Government Debt in Brics from 2014 to 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 10 Oct 2023, https://www.statista.com/statistics/1034471/gross-government-debt-emerging-economies/
IMF, Gross government debt in BRICS from 2014 to 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1034471/gross-government-debt-emerging-economies/ (last visited October 31, 2024)
Gross government debt in BRICS from 2014 to 2023 (in billion U.S. dollars) [Graph], IMF, October 10, 2023. [Online]. Available: https://www.statista.com/statistics/1034471/gross-government-debt-emerging-economies/
