Debt on Concessional terms to GDP in Africa
Africa: Debt on Concessional terms to GDP was 0.1% in 2011. ▲ Rising
Debt on Concessional terms to GDP in Africa, 1970–2011
Source: World Bank, Global Development Finance. Measured in % of GDP.
Analysis
In 2011, debt on concessional terms to gdp in Africa stood at 0.1%.
The figure is down 6.2% on the previous year and down 66.6% over ten years.
Over the whole period, debt on concessional terms to gdp in Africa peaked at 0.3% in 1993 and was at its lowest, 0.0%, in 1970.
The long-run direction has been consistently rising across the 42 years of available data.
Debt on Concessional terms to GDP in Africa, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 0.0% | — |
| 1971 | 0.1% | — |
| 1972 | 0.1% | -7.6% |
| 1973 | 0.1% | -2.9% |
| 1974 | 0.1% | -5.0% |
| 1975 | 0.1% | +12.6% |
| 1976 | 0.1% | -4.8% |
| 1977 | 0.1% | +23.3% |
| 1978 | 0.1% | +5.2% |
| 1979 | 0.1% | -3.7% |
| 1980 | 0.1% | -5.0% |
| 1981 | 0.1% | +16.1% |
| 1982 | 0.1% | +17.9% |
| 1983 | 0.2% | +14.1% |
| 1984 | 0.2% | +6.6% |
| 1985 | 0.2% | +10.2% |
| 1986 | 0.2% | +10.6% |
| 1987 | 0.2% | +8.6% |
| 1988 | 0.2% | +9.3% |
| 1989 | 0.2% | +1.2% |
| 1990 | 0.2% | +0.5% |
| 1991 | 0.3% | +12.0% |
| 1992 | 0.3% | +5.2% |
| 1993 | 0.3% | +9.2% |
| 1994 | 0.2% | -22.9% |
| 1995 | 0.2% | -4.5% |
| 1996 | 0.2% | -0.8% |
| 1997 | 0.2% | -5.2% |
| 1998 | 0.2% | +8.3% |
| 1999 | 0.2% | -6.8% |
| 2000 | 0.2% | -6.4% |
| 2001 | 0.2% | -2.4% |
| 2002 | 0.2% | +9.6% |
| 2003 | 0.2% | -0.9% |
| 2004 | 0.2% | -11.7% |
| 2005 | 0.2% | -22.8% |
| 2006 | 0.1% | -38.0% |
| 2007 | 0.1% | -6.4% |
| 2008 | 0.1% | -9.3% |
| 2009 | 0.1% | +10.1% |
| 2010 | 0.1% | -17.0% |
| 2011 | 0.1% | -6.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.1% | 0.0% | 0.1% | 10 |
| 1980s | 0.2% | 0.1% | 0.2% | 10 |
| 1990s | 0.3% | 0.2% | 0.3% | 10 |
| 2000s | 0.2% | 0.1% | 0.2% | 10 |
| 2010s | 0.1% | 0.1% | 0.1% | 2 |
Countries ranked near Africa
- 2 Sao Tome and Principe 69.6% compare
- 3 Djibouti 66.4% compare
- 4 Guinea 51.3% compare
- 5 Mauritania 48.9% compare
- 6 Cape Verde 44.2% compare
- 7 Gambia 42.4% compare
- 8 Comoros 40.2% compare
More external debt data for Africa
- Net ODA received 2.6% (2011)
- Net official development assistance received per capita 49.41 current US$ (2011)
- Total ODA Private Net, all donors 12.80 billion current US$ (2011)
- Net ODA received from DAC donors 28.02 billion current US$ (2011)
- Net ODA received per capita from DAC donors 27.1 current US$ (2011)
- Net ODA received from DAC donors 28.02 billion constant 2010 US$ (2011)
- Total ODA Private Net, DAC donors 12.57 billion current US$ (2011)
- Net ODA received from DAC donors 1.4% (2011)
- Net ODA received from multilateral donors 16.37 billion current US$ (2011)
- Net ODA received per capita from multilateral donors 15.83 current US$ (2011)
Frequently asked questions
- What is debt on concessional terms to gdp in Africa?
- Debt on concessional terms to gdp in Africa was 0.1% in 2011, according to World Bank, Global Development Finance.
- What is the highest debt on concessional terms to gdp recorded in Africa?
- The highest recorded value was 0.3% in 1993.
- What is the lowest debt on concessional terms to gdp recorded in Africa?
- The lowest recorded value was 0.0% in 1970.
- How does Africa rank for debt on concessional terms to gdp?
- Africa ranks 5th out of 6 groups with data for 2011.
- Is debt on concessional terms to gdp rising or falling in Africa?
- Over the last ten years it is down 66.6%. The long-run trend across the full record is rising.
- Where does this Africa data come from?
- The figures come from World Bank, Global Development Finance, published as part of Debt on Concessional terms to GDP (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Concessional Long-term Debt Outstanding and Disbursed (LDOD) conveys information about the borrower's receipt of aid from official lenders at concessional terms as defined by the Development Assistance Committee (DAC) of the OECD. Concessional debt is defined as loans with an original grant element of 25 percent or more. The grant equivalent of a loan is its commitment (present) value, less the discounted present value of its contractual debt service; conventionally, future service payments are discounted at 10 percent. The grant element of a loan is the grant equivalent expressed as a percentage of the amount committed. It is used as a measure of the overall cost of borrowing. Loans from major regional development banks--African Development Bank, Asian Development Bank, and the Inter-American Development Bank--and from the World Bank are classified as concessional according to each institution's classification and not according to the DAC definition, as was the practice in earlier reports. LDOD is the total outstanding long-term debt at year end. Long-term external debt is defined as debt that has an original or extended maturity of more than one year and that is owed to nonresidents and repayable in currency, goods, or services.