Debt on Concessional terms to GDP in Sub-Saharan Africa
Sub-Saharan Africa: Debt on Concessional terms to GDP was 0.1% in 2011. ◆ Volatile
Debt on Concessional terms to GDP in Sub-Saharan Africa, 1970–2011
Source: World Bank, Global Development Finance. Measured in % of GDP.
Analysis
Sub-Saharan Africa recorded 0.1% for debt on concessional terms to gdp in 2011.
Compared with earlier readings it is down 4.8% on the previous year and down 70.9% over ten years.
Over the whole period, debt on concessional terms to gdp in Sub-Saharan Africa peaked at 0.4% in 1993 and was at its lowest, 0.0%, in 1970.
The series is highly variable year to year, so single readings are best treated with caution.
Debt on Concessional terms to GDP in Sub-Saharan Africa, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 0.0% | — |
| 1971 | 0.1% | — |
| 1972 | 0.1% | -5.0% |
| 1973 | 0.1% | -2.9% |
| 1974 | 0.1% | -2.3% |
| 1975 | 0.1% | +0.5% |
| 1976 | 0.1% | -8.6% |
| 1977 | 0.1% | +19.4% |
| 1978 | 0.1% | +1.4% |
| 1979 | 0.1% | +1.2% |
| 1980 | 0.1% | -1.5% |
| 1981 | 0.1% | +21.3% |
| 1982 | 0.1% | +29.6% |
| 1983 | 0.2% | +28.1% |
| 1984 | 0.2% | +15.6% |
| 1985 | 0.2% | +17.2% |
| 1986 | 0.2% | +17.9% |
| 1987 | 0.3% | +10.5% |
| 1988 | 0.3% | +5.6% |
| 1989 | 0.3% | +0.3% |
| 1990 | 0.3% | +8.0% |
| 1991 | 0.3% | +4.4% |
| 1992 | 0.4% | +12.4% |
| 1993 | 0.4% | +15.4% |
| 1994 | 0.3% | -38.4% |
| 1995 | 0.2% | -5.9% |
| 1996 | 0.2% | -1.2% |
| 1997 | 0.2% | -2.2% |
| 1998 | 0.3% | +15.4% |
| 1999 | 0.3% | -6.7% |
| 2000 | 0.2% | -4.0% |
| 2001 | 0.2% | -0.8% |
| 2002 | 0.3% | +8.6% |
| 2003 | 0.3% | -2.4% |
| 2004 | 0.2% | -14.7% |
| 2005 | 0.2% | -24.0% |
| 2006 | 0.1% | -45.9% |
| 2007 | 0.1% | -5.1% |
| 2008 | 0.1% | -5.4% |
| 2009 | 0.1% | +13.2% |
| 2010 | 0.1% | -19.1% |
| 2011 | 0.1% | -4.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.1% | 0.0% | 0.1% | 10 |
| 1980s | 0.2% | 0.1% | 0.3% | 10 |
| 1990s | 0.3% | 0.2% | 0.4% | 10 |
| 2000s | 0.2% | 0.1% | 0.3% | 10 |
| 2010s | 0.1% | 0.1% | 0.1% | 2 |
Countries ranked near Sub-Saharan Africa
- 1 Somalia 169.8% compare
- 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
More external debt data for Sub-Saharan Africa
- IFC, private nonguaranteed 590.20 million NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita 0.4575 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP 0.0003 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 34.76 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 2.7% (2024)
- Net financial flows, IDA 11.51 billion NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per capita 8.92 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP 0.0058 NFL, current US$ per US$ of GDP (2024)
- Net financial flows, IBRD 3.82 billion NFL, current US$ (2024)
- Public and publicly guaranteed debt service 8.9% (2024)
Frequently asked questions
- What is debt on concessional terms to gdp in Sub-Saharan Africa?
- Debt on concessional terms to gdp in Sub-Saharan 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 Sub-Saharan Africa?
- The highest recorded value was 0.4% in 1993.
- What is the lowest debt on concessional terms to gdp recorded in Sub-Saharan Africa?
- The lowest recorded value was 0.0% in 1970.
- How does Sub-Saharan Africa rank for debt on concessional terms to gdp?
- Sub-Saharan Africa ranks 3rd out of 6 groups with data for 2011.
- Is debt on concessional terms to gdp rising or falling in Sub-Saharan Africa?
- Over the last ten years it is down 70.9%. The long-run trend across the full record is volatile.
- Where does this Sub-Saharan 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.