Debt on Non-concessional terms in Africa
Africa: Debt on Non-concessional terms was 262.51 billion current US$ in 2011. ◆ Volatile
Debt on Non-concessional terms in Africa, 1970–2011
Source: World Bank, Global Development Finance. Measured in current US$.
Analysis
The most recent figure for debt on non-concessional terms in Africa is 262.51 billion current US$, measured in 2011. That is the highest value across all 42 years on record.
Compared with earlier readings it is up 8.1% on the previous year and up 49.5% over ten years.
Over the whole period, debt on non-concessional terms in Africa peaked at 262.51 billion current US$ in 2011 and was at its lowest, 2.17 million current US$, in 1970.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 24.89 billion current US$ | 2.17 million current US$ | 67.32 billion current US$ | 10 |
| 1980s | 129.36 billion current US$ | 82.42 billion current US$ | 183.89 billion current US$ | 10 |
| 1990s | 197.20 billion current US$ | 178.43 billion current US$ | 223.00 billion current US$ | 10 |
| 2000s | 184.75 billion current US$ | 165.96 billion current US$ | 216.05 billion current US$ | 10 |
| 2010s | 252.69 billion current US$ | 242.86 billion current US$ | 262.51 billion current US$ | 2 |
Countries ranked near Africa
More external debt data for Africa
- Net ODA received from DAC donors 28.02 billion constant 2010 US$ (2011)
- Net ODA received from multilateral donors 16.87 billion constant 2010 US$ (2011)
- Net ODA received from multilateral donors 16.37 billion current US$ (2011)
- Net ODA received 2.6% (2011)
- Total ODA Private Net, DAC donors 12.57 billion current US$ (2011)
- Net ODA received from DAC donors 28.02 billion current US$ (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 per capita from multilateral donors 15.83 current US$ (2011)
- Net ODA received per capita from DAC donors 27.1 current US$ (2011)
Frequently asked questions
- What is debt on non-concessional terms in Africa?
- Debt on non-concessional terms in Africa was 262.51 billion current US$ in 2011, according to World Bank, Global Development Finance.
- What is the highest debt on non-concessional terms recorded in Africa?
- The highest recorded value was 262.51 billion current US$ in 2011.
- What is the lowest debt on non-concessional terms recorded in Africa?
- The lowest recorded value was 2.17 million current US$ in 1970.
- How does Africa rank for debt on non-concessional terms?
- Africa ranks 1st out of 6 groups with data for 2011.
- Is debt on non-concessional terms rising or falling in Africa?
- Over the last ten years it is up 49.5%. The long-run trend across the full record is volatile.
- Where does this Africa data come from?
- The figures come from World Bank, Global Development Finance, published as part of Debt on Non-concessional terms (current US$). Statizoid updates them automatically from the source API.
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About this data
Non-concessional Long-term Debt Outstanding and Disbursed (LDOD) conveys information about the borrower's receipt of aid from official lenders on non-concessional terms as defined by the Development Assistance Committee (DAC) of the OECD. This is the difference between the total debt outstanding and disbursed less debt on concessional terms. 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. Data are in current U.S. dollars.