Debt on Non-concessional terms in Sub-Saharan Africa (excluding high income)
Sub-Saharan Africa (excluding high income): Debt on Non-concessional terms was 205.59 billion current US$ in 2011. ◆ Volatile
Debt on Non-concessional terms in Sub-Saharan Africa (excluding high income), 1970–2011
Source: World Bank, Global Development Finance. Measured in current US$.
Analysis
Sub-Saharan Africa (excluding high income) recorded 205.59 billion current US$ for debt on non-concessional terms in 2011. That is the highest value across all 42 years on record.
Compared with earlier readings it is up 10.1% on the previous year and up 64.8% over ten years.
Over the whole period, debt on non-concessional terms in Sub-Saharan Africa (excluding high income) peaked at 205.59 billion current US$ in 2011 and was at its lowest, 2.12 million current US$, in 1970.
The series is highly variable year to year, so single readings are best treated with caution.
Debt on Non-concessional terms in Sub-Saharan Africa (excluding high income), year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 2.12 million current US$ | — |
| 1971 | 4.23 billion current US$ | +199602.4% |
| 1972 | 5.04 billion current US$ | +19.2% |
| 1973 | 7.11 billion current US$ | +41.2% |
| 1974 | 9.03 billion current US$ | +26.9% |
| 1975 | 11.30 billion current US$ | +25.2% |
| 1976 | 13.63 billion current US$ | +20.6% |
| 1977 | 20.18 billion current US$ | +48.0% |
| 1978 | 28.25 billion current US$ | +40.0% |
| 1979 | 34.24 billion current US$ | +21.2% |
| 1980 | 44.14 billion current US$ | +28.9% |
| 1981 | 49.88 billion current US$ | +13.0% |
| 1982 | 53.65 billion current US$ | +7.6% |
| 1983 | 61.10 billion current US$ | +13.9% |
| 1984 | 63.00 billion current US$ | +3.1% |
| 1985 | 72.25 billion current US$ | +14.7% |
| 1986 | 79.61 billion current US$ | +10.2% |
| 1987 | 96.68 billion current US$ | +21.4% |
| 1988 | 96.44 billion current US$ | -0.3% |
| 1989 | 106.53 billion current US$ | +10.5% |
| 1990 | 118.38 billion current US$ | +11.1% |
| 1991 | 119.94 billion current US$ | +1.3% |
| 1992 | 116.09 billion current US$ | -3.2% |
| 1993 | 118.54 billion current US$ | +2.1% |
| 1994 | 145.46 billion current US$ | +22.7% |
| 1995 | 154.95 billion current US$ | +6.5% |
| 1996 | 148.52 billion current US$ | -4.1% |
| 1997 | 142.39 billion current US$ | -4.1% |
| 1998 | 138.79 billion current US$ | -2.5% |
| 1999 | 132.60 billion current US$ | -4.5% |
| 2000 | 130.89 billion current US$ | -1.3% |
| 2001 | 124.72 billion current US$ | -4.7% |
| 2002 | 128.62 billion current US$ | +3.1% |
| 2003 | 125.62 billion current US$ | -2.3% |
| 2004 | 133.25 billion current US$ | +6.1% |
| 2005 | 126.66 billion current US$ | -4.9% |
| 2006 | 125.47 billion current US$ | -0.9% |
| 2007 | 143.37 billion current US$ | +14.3% |
| 2008 | 145.15 billion current US$ | +1.2% |
| 2009 | 162.96 billion current US$ | +12.3% |
| 2010 | 186.75 billion current US$ | +14.6% |
| 2011 | 205.59 billion current US$ | +10.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 13.30 billion current US$ | 2.12 million current US$ | 34.24 billion current US$ | 10 |
| 1980s | 72.33 billion current US$ | 44.14 billion current US$ | 106.53 billion current US$ | 10 |
| 1990s | 133.57 billion current US$ | 116.09 billion current US$ | 154.95 billion current US$ | 10 |
| 2000s | 134.67 billion current US$ | 124.72 billion current US$ | 162.96 billion current US$ | 10 |
| 2010s | 196.17 billion current US$ | 186.75 billion current US$ | 205.59 billion current US$ | 2 |
Countries ranked near Sub-Saharan Africa (excluding high income)
More external debt data for Sub-Saharan Africa (excluding high income)
- IFC, private nonguaranteed 590.20 million NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita 0.4576 NFL, US$ 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 non-concessional terms in Sub-Saharan Africa (excluding high income)?
- Debt on non-concessional terms in Sub-Saharan Africa (excluding high income) was 205.59 billion current US$ in 2011, according to World Bank, Global Development Finance.
- What is the highest debt on non-concessional terms recorded in Sub-Saharan Africa (excluding high income)?
- The highest recorded value was 205.59 billion current US$ in 2011.
- What is the lowest debt on non-concessional terms recorded in Sub-Saharan Africa (excluding high income)?
- The lowest recorded value was 2.12 million current US$ in 1970.
- How does Sub-Saharan Africa (excluding high income) rank for debt on non-concessional terms?
- Sub-Saharan Africa (excluding high income) ranks 2nd out of 6 groups with data for 2011.
- Is debt on non-concessional terms rising or falling in Sub-Saharan Africa (excluding high income)?
- Over the last ten years it is up 64.8%. The long-run trend across the full record is volatile.
- Where does this Sub-Saharan Africa (excluding high income) 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.