Debt service to export ratio, ex-post (%) by country
The debt service to export ratio is defined as the total debt service divided by the sum of exports of goods, services, and income plus workers' remittances. Definitions for each indicator follow. Total debt service (TDS) shows the debt service payments on total long-term debt (public and publicly guaranteed and...
What the numbers show
Debt service to export ratio, ex-post (%) is currently reported for 35 countries. The highest value is 10.8% in Tunisia; the lowest is 0.2% in Liberia.
The median across all reporting countries is 2.4%, and the mean is 3.6%.
The gap between the highest and lowest reporting country is a factor of about 51.
Over the past decade 6 countries rose and 29 fell. The largest increase was in Botswana (up 50.4%), and the largest decrease in Nigeria (down 97.1%).
Debt service to export ratio, ex-post: full country ranking
| # | Country | Latest | Year | 10-year change | Trend |
|---|---|---|---|---|---|
| 1 | Tunisia | 10.8% | 2011 | down 14.6% | falling |
| 2 | Guinea | 10.7% | 2011 | down 33.4% | falling |
| 4 | Morocco | 8.1% | 2011 | down 35.1% | falling |
| 5 | Guinea-Bissau | 7.7% | 2010 | up 38.3% | falling |
| 6 | Senegal | 6.3% | 2010 | up 1.7% | falling |
| 7 | Gambia | 6.0% | 2011 | down 48.3% | falling |
| 8 | Egypt | 5.7% | 2011 | down 5.5% | falling |
| 9 | Ethiopia | 5.6% | 2011 | up 27.4% | falling |
| 10 | Sudan | 4.9% | 2011 | down 29.4% | falling |
| 11 | Cote d'Ivoire | 4.7% | 2010 | up 32.7% | rising |
| 12 | Sao Tome and Principe | 4.4% | 2011 | down 87.1% | volatile |
| 13 | Cape Verde | 4.1% | 2011 | down 41.8% | falling |
| 14 | Kenya | 3.8% | 2011 | down 58.4% | falling |
| 15 | Sierra Leone | 3.4% | 2011 | down 49.8% | volatile |
| 16 | Cameroon | 3.4% | 2010 | down 82.0% | volatile |
| 17 | Seychelles | 3.1% | 2011 | down 61.1% | volatile |
| 18 | Burundi | 3.0% | 2011 | down 92.7% | volatile |
| 19 | Burkina Faso | 2.4% | 2010 | down 66.8% | falling |
| 20 | Benin | 2.3% | 2010 | down 54.3% | falling |
| 21 | Ghana | 2.3% | 2011 | down 71.9% | falling |
| 22 | Mali | 2.1% | 2010 | down 66.6% | falling |
| 23 | Zambia | 2.1% | 2011 | down 81.1% | volatile |
| 24 | Togo | 2.0% | 2010 | down 1.5% | volatile |
| 25 | Lesotho | 2.0% | 2011 | down 64.2% | falling |
| 26 | Tanzania | 2.0% | 2011 | down 55.1% | falling |
| 27 | Niger | 1.9% | 2010 | down 69.8% | volatile |
| 28 | Eswatini | 1.9% | 2010 | up 12.4% | rising |
| 29 | Rwanda | 1.8% | 2011 | down 81.1% | volatile |
| 30 | Mozambique | 1.4% | 2011 | down 66.2% | volatile |
| 31 | Botswana | 1.4% | 2010 | up 50.4% | rising |
| 32 | Uganda | 1.4% | 2011 | down 84.7% | volatile |
| 33 | Malawi | 1.3% | 2011 | down 89.0% | volatile |
| 34 | Algeria | 0.8% | 2011 | down 93.4% | volatile |
| 35 | Nigeria | 0.4% | 2011 | down 97.1% | volatile |
| 36 | Liberia | 0.2% | 2011 | down 56.7% | volatile |
Regions and income groups
Aggregates are excluded from the country ranking above so that a region can never outrank a country.
About this data
The debt service to export ratio is defined as the total debt service divided by the sum of exports of goods, services, and income plus workers' remittances. Definitions for each indicator follow. Total debt service (TDS) shows the debt service payments on total long-term debt (public and publicly guaranteed and private nonguaranteed), use of IMF credit, and interest on short-term debt only. Debt service payments are the sum of principal repayments and interest payments in the year specified. Exports of goods, services and income is the sum of goods (merchandise) exports, exports of (nonfactor) services and income (factor) receipts. Data are in current U.S. dollars. Workers' remittances are current transfers by migrants who are employed or intend to remain employed for more than a year in another economy in which they are considered residents. Some developing countries classify workers' remittances as a factor income receipt (and thus as a component of GNI). The World Bank adheres to international guidelines in defining GNI, and its classification of workers' remittances may therefore differ from national practices. This item shows receipts by the reporting country.