Debt service (PPG and IMF only, % of exports of goods, services and) in Africa Western and Central
Africa Western and Central: Debt service (PPG and IMF only, % of exports of goods, services and) was 9.9% in 2024. ◆ Volatile
Debt service (PPG and IMF only, % of exports of goods, services and) in Africa Western and Central, 1974–2024
Source: International Debt Statistics, World Bank (WB).
Analysis
The most recent figure for debt service (ppg and imf only, % of exports of goods, services and) in Africa Western and Central is 9.9%, measured in 2024.
Compared with earlier readings it is up 11.7% on the previous year and up 292.0% over ten years.
Over the whole period, debt service (ppg and imf only, % of exports of goods, services and) in Africa Western and Central peaked at 16.5% in 1996 and was at its lowest, 1.4%, in 2012.
Africa Western and Central ranks 10th of 32 groups on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Debt service (PPG and IMF only, % of exports of goods, services and) in Africa Western and Central, year by year
| Year | Value | Change |
|---|---|---|
| 1974 | 4.9% | — |
| 1995 | 16.4% | +237.6% |
| 1996 | 16.5% | +0.4% |
| 1997 | 15.7% | -4.7% |
| 1998 | 15.1% | -4.1% |
| 1999 | 10.6% | -29.7% |
| 2000 | 9.5% | -10.1% |
| 2001 | 11.6% | +21.9% |
| 2002 | 8.2% | -29.4% |
| 2003 | 6.8% | -16.8% |
| 2004 | 6.0% | -11.4% |
| 2005 | 11.5% | +91.1% |
| 2006 | 8.6% | -25.1% |
| 2007 | 3.2% | -62.7% |
| 2008 | 4.1% | +25.8% |
| 2009 | 2.6% | -35.6% |
| 2010 | 1.6% | -38.3% |
| 2011 | 1.4% | -10.8% |
| 2012 | 1.4% | -0.6% |
| 2013 | 2.3% | +60.8% |
| 2014 | 2.5% | +9.6% |
| 2015 | 3.6% | +44.9% |
| 2016 | 4.9% | +35.1% |
| 2017 | 5.1% | +3.4% |
| 2018 | 5.5% | +7.9% |
| 2019 | 6.1% | +10.9% |
| 2020 | 8.1% | +33.3% |
| 2021 | 8.1% | -0.3% |
| 2022 | 7.1% | -11.8% |
| 2023 | 8.8% | +23.6% |
| 2024 | 9.9% | +11.7% |
Biggest year-on-year movements
Years where Debt service (PPG and IMF only, % of exports of goods, services and) in Africa Western and Central changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1995 | +237.6% | 4.9% | 16.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.9% | 4.9% | 4.9% | 1 |
| 1990s | 14.9% | 10.6% | 16.5% | 5 |
| 2000s | 7.2% | 2.6% | 11.6% | 10 |
| 2010s | 3.5% | 1.4% | 6.1% | 10 |
| 2020s | 8.4% | 7.1% | 9.9% | 5 |
Countries ranked near Africa Western and Central
More external debt data for Africa Western and Central
- IFC, private nonguaranteed 523.35 million NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita 1.01 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP 0.0007 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 14.02 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 2.5% (2024)
- Net financial flows, IDA 5.89 billion NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per capita 11.31 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP 0.008 NFL, current US$ per US$ of GDP (2024)
- Net financial flows, IBRD 938.69 million NFL, current US$ (2024)
- Public and publicly guaranteed debt service 7.8% (2024)
Frequently asked questions
- What is debt service (ppg and imf only, % of exports of goods, services and) in Africa Western and Central?
- Debt service (ppg and imf only, % of exports of goods, services and) in Africa Western and Central was 9.9% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest debt service (ppg and imf only, % of exports of goods, services and) recorded in Africa Western and Central?
- The highest recorded value was 16.5% in 1996.
- What is the lowest debt service (ppg and imf only, % of exports of goods, services and) recorded in Africa Western and Central?
- The lowest recorded value was 1.4% in 2012.
- How does Africa Western and Central rank for debt service (ppg and imf only, % of exports of goods, services and)?
- Africa Western and Central ranks 10th out of 32 groups with data for 2024.
- Is debt service (ppg and imf only, % of exports of goods, services and) rising or falling in Africa Western and Central?
- Over the last ten years it is up 292.0%. The long-run trend across the full record is volatile.
- Where does this Africa Western and Central data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Debt service (PPG and IMF only, % of exports of goods, services and primary income). Statizoid updates them automatically from the source API.
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About this data
Debt service, the sum of principal repayments and interest actually paid in currency, goods, or services, is expressed as a percentage of exports of goods and services--all transactions between residents of a country and the rest of the world involving a change of ownership from residents to nonresidents of general merchandise, net exports of goods under merchanting, nonmonetary gold, and services. This series differs from the standard debt to exports series in that it covers only long-term public and publicly guaranteed debt and repayments (repurchases and charges) to the IMF.