Debt service, reduction in arrears/prepayments in Africa
Africa: Debt service, reduction in arrears/prepayments was -106.68 million current US$ in 2011. ◆ Volatile
Latest (2011)
-106.68 million current US$
Change on year
down 113.9%
Rank
2nd
of 6 groups
All-time high
9.80 billion current US$
in 1987
All-time low
-502.30 million current US$
in 1988
Years of data
52
1960–2011
Debt service, reduction in arrears/prepayments in Africa, 1960–2011
Source: World Bank, Global Development Finance. Measured in current US$.
Analysis
In 2011, debt service, reduction in arrears/prepayments in Africa stood at -106.68 million current US$.
That represents a change of down 113.9% on the previous year and down 109.5% over ten years.
Over the whole period, debt service, reduction in arrears/prepayments in Africa peaked at 9.80 billion current US$ in 1987 and was at its lowest, -502.30 million current US$, in 1988.
The series is highly variable year to year, so single readings are best treated with caution.
Debt service, reduction in arrears/prepayments in Africa, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | -35 current US$ | — |
| 1961 | -34 current US$ | -2.9% |
| 1962 | -33 current US$ | -2.9% |
| 1963 | -32 current US$ | -3.0% |
| 1964 | -31 current US$ | -3.1% |
| 1965 | -35 current US$ | +12.9% |
| 1966 | -34 current US$ | -2.9% |
| 1967 | -33 current US$ | -2.9% |
| 1968 | -32 current US$ | -3.0% |
| 1969 | -31 current US$ | -3.1% |
| 1970 | -29.99 current US$ | -3.3% |
| 1971 | -28.99 current US$ | -3.3% |
| 1972 | -27.99 current US$ | -3.4% |
| 1973 | -26.99 current US$ | -3.6% |
| 1974 | -25.99 current US$ | -3.7% |
| 1975 | -24.99 current US$ | -3.8% |
| 1976 | -23.99 current US$ | -4.0% |
| 1977 | -22.99 current US$ | -4.2% |
| 1978 | -21.99 current US$ | -4.3% |
| 1979 | -20.99 current US$ | -4.5% |
| 1980 | -19.99 current US$ | -4.8% |
| 1981 | -18.99 current US$ | -5.0% |
| 1982 | 11.60 million current US$ | -61084881.5% |
| 1983 | 285.30 million current US$ | +2359.5% |
| 1984 | -23.27 million current US$ | -108.2% |
| 1985 | 1.72 billion current US$ | -7506.7% |
| 1986 | 4.33 billion current US$ | +150.9% |
| 1987 | 9.80 billion current US$ | +126.6% |
| 1988 | -502.30 million current US$ | -105.1% |
| 1989 | 7.24 billion current US$ | -1541.3% |
| 1990 | 4.78 billion current US$ | -33.9% |
| 1991 | 3.08 billion current US$ | -35.7% |
| 1992 | -109.64 million current US$ | -103.6% |
| 1993 | -190.77 million current US$ | +74.0% |
| 1994 | 2.27 billion current US$ | -1290.6% |
| 1995 | 1.32 billion current US$ | -41.9% |
| 1996 | 816.90 million current US$ | -38.1% |
| 1997 | 6.43 billion current US$ | +687.5% |
| 1998 | 1.99 billion current US$ | -69.1% |
| 1999 | 2.32 billion current US$ | +16.8% |
| 2000 | 1.07 billion current US$ | -53.8% |
| 2001 | 1.12 billion current US$ | +4.8% |
| 2002 | 1.44 billion current US$ | +28.0% |
| 2003 | 1.74 billion current US$ | +21.0% |
| 2004 | 156.39 million current US$ | -91.0% |
| 2005 | 619.90 million current US$ | +296.4% |
| 2006 | 3.31 billion current US$ | +434.3% |
| 2007 | 1.13 billion current US$ | -65.9% |
| 2008 | 1.70 billion current US$ | +50.6% |
| 2009 | 1.21 billion current US$ | -29.0% |
| 2010 | 766.65 million current US$ | -36.5% |
| 2011 | -106.68 million current US$ | -113.9% |
Biggest year-on-year movements
Years where Debt service, reduction in arrears/prepayments in Africa 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 |
|---|---|---|---|
| 1982 | +61084881.5% | -18.99 current US$ | 11.60 million current US$ |
| 1985 | +7506.7% | -23.27 million current US$ | 1.72 billion current US$ |
| 1983 | +2359.5% | 11.60 million current US$ | 285.30 million current US$ |
| 1989 | +1541.3% | -502.30 million current US$ | 7.24 billion current US$ |
| 1994 | +1290.6% | -190.77 million current US$ | 2.27 billion current US$ |
| 1997 | +687.5% | 816.90 million current US$ | 6.43 billion current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | -33 current US$ | -35 current US$ | -31 current US$ | 10 |
| 1970s | -25.49 current US$ | -29.99 current US$ | -20.99 current US$ | 10 |
| 1980s | 2.29 billion current US$ | -502.30 million current US$ | 9.80 billion current US$ | 10 |
| 1990s | 2.27 billion current US$ | -190.77 million current US$ | 6.43 billion current US$ | 10 |
| 2000s | 1.35 billion current US$ | 156.39 million current US$ | 3.31 billion current US$ | 10 |
| 2010s | 329.99 million current US$ | -106.68 million current US$ | 766.65 million current US$ | 2 |
Countries ranked near Africa
- 1 Sudan 909.00 million current US$ compare
- 2 Central African Republic 13.35 million current US$ compare
- 3 Seychelles 7.92 million current US$ compare
- 4 Guinea-Bissau 5.64 million current US$ compare
- 5 Uganda 4.70 million current US$ compare
More external debt data for Africa
- Net ODA received 2.6% (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 from DAC donors 28.02 billion current US$ (2011)
- Net ODA received per capita from DAC donors 27.1 current US$ (2011)
- Net ODA received from DAC donors 28.02 billion constant 2010 US$ (2011)
- Total ODA Private Net, DAC donors 12.57 billion current US$ (2011)
- Net ODA received from DAC donors 1.4% (2011)
- Net ODA received from multilateral donors 16.37 billion current US$ (2011)
- Net ODA received per capita from multilateral donors 15.83 current US$ (2011)
Frequently asked questions
- What is debt service, reduction in arrears/prepayments in Africa?
- Debt service, reduction in arrears/prepayments in Africa was -106.68 million current US$ in 2011, according to World Bank, Global Development Finance.
- What is the highest debt service, reduction in arrears/prepayments recorded in Africa?
- The highest recorded value was 9.80 billion current US$ in 1987.
- What is the lowest debt service, reduction in arrears/prepayments recorded in Africa?
- The lowest recorded value was -502.30 million current US$ in 1988.
- How does Africa rank for debt service, reduction in arrears/prepayments?
- Africa ranks 2nd out of 6 groups with data for 2011.
- Is debt service, reduction in arrears/prepayments rising or falling in Africa?
- Over the last ten years it is down 109.5%. 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 service, reduction in arrears/prepayments (current US$). Statizoid updates them automatically from the source API.
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About this data
Adjustment - debt service arrears reductions/prepayments (-), equals principal arrears reductions/prepayments plus interest arrears reductions. Data are denominated in U.S. dollars.