Government debt and structural balances around the world

Government debt-to-GDP ratios and IMF structural balance estimates reveal stark contrasts across major economies, with South Africa, the United States, and China standing out for their unique fiscal profiles. Today’s post by Jan Hendrik Pretorius shows that like countries such as the U.S. and China, South Africa carries relatively high debt with one of the most negative structural balances among emerging markets, highlighting significant fiscal strain.

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