# South Africa National government gross loan debt, level (SARB QB)

South Africa National government gross loan debt, level (SARB QB) was up 6.0% year on year in Q3 2026, compared with 5.8% in Q2 2026.
The level stood at 6,305,264 ZAR million.
Over the past ten years it has ranged from 5.8% (Q2 2026) to 21.4% (Q4 2020), averaging 11.6%.

- Source agency: U.S. Treasury FiscalData
- Makrognosis code: `ZA.GGDEBT.Q.NOM`
- Frequency: quarterly
- Units: ZAR million
- Coverage: 1996-03-01 to 2026-09-01 (123 observations)
- Page: https://makrognosis.robomacro.com/data/south-africa/national-government-gross-loan-debt-level-sarb-qb

## Recent data

| Period | Value | Y/Y % |
|---|---:|---:|
| Q3 2026 | 6,305,264 ZAR million | 6.0 |
| Q2 2026 | 6,155,965 ZAR million | 5.8 |
| Q1 2026 | 6,104,450 ZAR million | 7.2 |
| Q4 2025 | 6,029,125 ZAR million | 6.4 |
| Q3 2025 | 5,947,842 ZAR million | 9.2 |
| Q2 2025 | 5,817,225 ZAR million | 8.5 |
| Q1 2025 | 5,693,651 ZAR million | 8.3 |
| Q4 2024 | 5,667,000 ZAR million | 9.0 |
| Q3 2024 | 5,449,114 ZAR million | 7.3 |
| Q2 2024 | 5,360,248 ZAR million | 8.3 |
| Q1 2024 | 5,258,749 ZAR million | 10.3 |
| Q4 2023 | 5,200,600 ZAR million | 10.3 |
| Q3 2023 | 5,079,990 ZAR million | 9.2 |
| Q2 2023 | 4,948,113 ZAR million | 10.9 |
| Q1 2023 | 4,765,543 ZAR million | 11.4 |
| Q4 2022 | 4,714,271 ZAR million | 10.4 |
| Q3 2022 | 4,651,663 ZAR million | 11.9 |
| Q2 2022 | 4,461,205 ZAR million | 10.1 |
| Q1 2022 | 4,277,663 ZAR million | 8.7 |
| Q4 2021 | 4,271,487 ZAR million | 11.4 |
| Q3 2021 | 4,157,505 ZAR million | 11.9 |
| Q2 2021 | 4,051,517 ZAR million | 17.7 |
| Q1 2021 | 3,935,701 ZAR million | 20.7 |
| Q4 2020 | 3,834,248 ZAR million | 21.4 |

## API

```
curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/ZA.GGDEBT.Q.NOM"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/ZA.GGDEBT.Q.NOM",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
```