Debt service on external debt, public and publicly guaranteed (PPG) in Sub-Saharan Africa (excluding high income)
Sub-Saharan Africa (excluding high income): Debt service on external debt, public and publicly guaranteed (PPG) was 50.28 billion TDS, current US$ in 2024. ◆ Volatile
Latest (2024)
50.28 billion TDS, current US$
Change on year
up 6.1%
Rank
9th
of 12 groups
All-time high
50.28 billion TDS, current US$
in 2024
All-time low
510.37 million TDS, current US$
in 1970
Years of data
55
1970–2024
Debt service on external debt, public and publicly guaranteed (PPG) in Sub-Saharan Africa (excluding high income), 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in TDS, current US$.
Analysis
Sub-Saharan Africa (excluding high income) recorded 50.28 billion TDS, current US$ for debt service on external debt, public and publicly guaranteed (ppg) in 2024. That is the highest value across all 55 years on record.
That represents a change of up 6.1% on the previous year and up 148.1% over ten years.
Over the whole period, debt service on external debt, public and publicly guaranteed (ppg) in Sub-Saharan Africa (excluding high income) peaked at 50.28 billion TDS, current US$ in 2024 and was at its lowest, 510.37 million TDS, current US$, in 1970.
The series is highly variable year to year, so single readings are best treated with caution.
Debt service on external debt, public and publicly guaranteed (PPG) in Sub-Saharan Africa (excluding high income), year by year
| Year | TDS, current US$ | Change |
|---|---|---|
| 1970 | 510.37 million TDS, current US$ | — |
| 1971 | 569.41 million TDS, current US$ | +11.6% |
| 1972 | 671.07 million TDS, current US$ | +17.9% |
| 1973 | 1.26 billion TDS, current US$ | +87.9% |
| 1974 | 1.10 billion TDS, current US$ | -12.4% |
| 1975 | 1.34 billion TDS, current US$ | +21.4% |
| 1976 | 1.49 billion TDS, current US$ | +10.7% |
| 1977 | 1.65 billion TDS, current US$ | +11.3% |
| 1978 | 2.11 billion TDS, current US$ | +27.5% |
| 1979 | 2.84 billion TDS, current US$ | +34.8% |
| 1980 | 4.14 billion TDS, current US$ | +45.6% |
| 1981 | 4.60 billion TDS, current US$ | +11.1% |
| 1982 | 5.03 billion TDS, current US$ | +9.4% |
| 1983 | 5.58 billion TDS, current US$ | +10.9% |
| 1984 | 6.80 billion TDS, current US$ | +22.0% |
| 1985 | 7.90 billion TDS, current US$ | +16.1% |
| 1986 | 6.38 billion TDS, current US$ | -19.2% |
| 1987 | 5.61 billion TDS, current US$ | -12.1% |
| 1988 | 6.94 billion TDS, current US$ | +23.7% |
| 1989 | 6.46 billion TDS, current US$ | -7.0% |
| 1990 | 8.16 billion TDS, current US$ | +26.4% |
| 1991 | 7.92 billion TDS, current US$ | -2.9% |
| 1992 | 6.73 billion TDS, current US$ | -15.1% |
| 1993 | 5.45 billion TDS, current US$ | -18.9% |
| 1994 | 8.53 billion TDS, current US$ | +56.4% |
| 1995 | 9.29 billion TDS, current US$ | +8.9% |
| 1996 | 11.11 billion TDS, current US$ | +19.6% |
| 1997 | 9.27 billion TDS, current US$ | -16.6% |
| 1998 | 10.25 billion TDS, current US$ | +10.6% |
| 1999 | 8.62 billion TDS, current US$ | -15.9% |
| 2000 | 10.31 billion TDS, current US$ | +19.6% |
| 2001 | 10.63 billion TDS, current US$ | +3.2% |
| 2002 | 8.49 billion TDS, current US$ | -20.1% |
| 2003 | 9.36 billion TDS, current US$ | +10.3% |
| 2004 | 9.30 billion TDS, current US$ | -0.7% |
| 2005 | 19.29 billion TDS, current US$ | +107.4% |
| 2006 | 18.80 billion TDS, current US$ | -2.5% |
| 2007 | 12.90 billion TDS, current US$ | -31.4% |
| 2008 | 11.91 billion TDS, current US$ | -7.7% |
| 2009 | 11.61 billion TDS, current US$ | -2.6% |
| 2010 | 9.90 billion TDS, current US$ | -14.7% |
| 2011 | 11.49 billion TDS, current US$ | +16.0% |
| 2012 | 15.22 billion TDS, current US$ | +32.4% |
| 2013 | 20.81 billion TDS, current US$ | +36.8% |
| 2014 | 20.27 billion TDS, current US$ | -2.6% |
| 2015 | 30.90 billion TDS, current US$ | +52.5% |
| 2016 | 25.30 billion TDS, current US$ | -18.1% |
| 2017 | 26.40 billion TDS, current US$ | +4.3% |
| 2018 | 41.28 billion TDS, current US$ | +56.4% |
| 2019 | 38.09 billion TDS, current US$ | -7.7% |
| 2020 | 38.61 billion TDS, current US$ | +1.4% |
| 2021 | 43.79 billion TDS, current US$ | +13.4% |
| 2022 | 46.18 billion TDS, current US$ | +5.5% |
| 2023 | 47.40 billion TDS, current US$ | +2.6% |
| 2024 | 50.28 billion TDS, current US$ | +6.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.35 billion TDS, current US$ | 510.37 million TDS, current US$ | 2.84 billion TDS, current US$ | 10 |
| 1980s | 5.94 billion TDS, current US$ | 4.14 billion TDS, current US$ | 7.90 billion TDS, current US$ | 10 |
| 1990s | 8.53 billion TDS, current US$ | 5.45 billion TDS, current US$ | 11.11 billion TDS, current US$ | 10 |
| 2000s | 12.26 billion TDS, current US$ | 8.49 billion TDS, current US$ | 19.29 billion TDS, current US$ | 10 |
| 2010s | 23.97 billion TDS, current US$ | 9.90 billion TDS, current US$ | 41.28 billion TDS, current US$ | 10 |
| 2020s | 45.25 billion TDS, current US$ | 38.61 billion TDS, current US$ | 50.28 billion TDS, current US$ | 5 |
Countries ranked near Sub-Saharan Africa (excluding high income)
- 6 India 26.79 billion TDS, current US$ compare
- 7 Egypt 24.27 billion TDS, current US$ compare
- 8 Russian Federation 20.09 billion TDS, current US$ compare
- 9 Colombia 14.87 billion TDS, current US$ compare
- 10 Argentina 14.25 billion TDS, current US$ compare
- 11 Pakistan 11.22 billion TDS, current US$ compare
- 12 Angola 9.86 billion TDS, current US$ compare
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 service on external debt, public and publicly guaranteed (ppg) in Sub-Saharan Africa (excluding high income)?
- Debt service on external debt, public and publicly guaranteed (ppg) in Sub-Saharan Africa (excluding high income) was 50.28 billion TDS, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest debt service on external debt, public and publicly guaranteed (ppg) recorded in Sub-Saharan Africa (excluding high income)?
- The highest recorded value was 50.28 billion TDS, current US$ in 2024.
- What is the lowest debt service on external debt, public and publicly guaranteed (ppg) recorded in Sub-Saharan Africa (excluding high income)?
- The lowest recorded value was 510.37 million TDS, current US$ in 1970.
- How does Sub-Saharan Africa (excluding high income) rank for debt service on external debt, public and publicly guaranteed (ppg)?
- Sub-Saharan Africa (excluding high income) ranks 9th out of 12 groups with data for 2024.
- Is debt service on external debt, public and publicly guaranteed (ppg) rising or falling in Sub-Saharan Africa (excluding high income)?
- Over the last ten years it is up 148.1%. 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 International Debt Statistics, World Bank (WB), published as part of Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$). Statizoid updates them automatically from the source API.
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About this data
Public and publicly guaranteed debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term obligations of public debtors and long-term private obligations guaranteed by a public entity. Data are in current U.S. dollars.