Gross external debt, Percent of GDP (Balance of Payments and) in Common Market for Eastern and Southern Africa (COMESA)
Common Market for Eastern and Southern Africa (COMESA): Gross external debt, Percent of GDP (Balance of Payments and) was 25.92 in 2027. ▼ Falling
Gross external debt, Percent of GDP (Balance of Payments and) in Common Market for Eastern and Southern Africa (COMESA), 2000–2027
Source: International Monetary Fund.
Analysis
The most recent figure for gross external debt, percent of gdp (balance of payments and) in Common Market for Eastern and Southern Africa (COMESA) is 25.92, measured in 2027.
That represents a change of down 4.1% on the previous year and down 0.7% over ten years.
Over the whole period, gross external debt, percent of gdp (balance of payments and) in Common Market for Eastern and Southern Africa (COMESA) peaked at 59.76 in 2001 and was at its lowest, 17.97, in 2012.
The long-run direction has been consistently falling across the 28 years of available data.
Gross external debt, Percent of GDP (Balance of Payments and) in Common Market for Eastern and Southern Africa (COMESA), year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 49.6 | — |
| 2001 | 59.76 | +20.5% |
| 2002 | 56.58 | -5.3% |
| 2003 | 56.34 | -0.4% |
| 2004 | 52.93 | -6.1% |
| 2005 | 44.22 | -16.5% |
| 2006 | 28.81 | -34.9% |
| 2007 | 23.65 | -17.9% |
| 2008 | 21.32 | -9.9% |
| 2009 | 23.06 | +8.2% |
| 2010 | 18.06 | -21.7% |
| 2011 | 18.04 | -0.1% |
| 2012 | 17.97 | -0.4% |
| 2013 | 18.56 | +3.3% |
| 2014 | 19.94 | +7.4% |
| 2015 | 23.19 | +16.3% |
| 2016 | 25.14 | +8.4% |
| 2017 | 26.11 | +3.9% |
| 2018 | 25.19 | -3.5% |
| 2019 | 26.42 | +4.9% |
| 2020 | 31.42 | +18.9% |
| 2021 | 31.07 | -1.1% |
| 2022 | 28.66 | -7.8% |
| 2023 | 28.48 | -0.6% |
| 2024 | 27.33 | -4.1% |
| 2025 | 29.07 | +6.4% |
| 2026 | 27.01 | -7.1% |
| 2027 | 25.92 | -4.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 41.63 | 21.32 | 59.76 | 10 |
| 2010s | 21.86 | 17.97 | 26.42 | 10 |
| 2020s | 28.62 | 25.92 | 31.42 | 8 |
Countries ranked near Common Market for Eastern and Southern Africa (COMESA)
More external debt data for Common Market for Eastern and Southern Africa (COMESA)
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Frequently asked questions
- What is gross external debt, percent of gdp (balance of payments and) in Common Market for Eastern and Southern Africa (COMESA)?
- Gross external debt, percent of gdp (balance of payments and) in Common Market for Eastern and Southern Africa (COMESA) was 25.92 in 2027, according to International Monetary Fund.
- What is the highest gross external debt, percent of gdp (balance of payments and) recorded in Common Market for Eastern and Southern Africa (COMESA)?
- The highest recorded value was 59.76 in 2001.
- What is the lowest gross external debt, percent of gdp (balance of payments and) recorded in Common Market for Eastern and Southern Africa (COMESA)?
- The lowest recorded value was 17.97 in 2012.
- How does Common Market for Eastern and Southern Africa (COMESA) rank for gross external debt, percent of gdp (balance of payments and)?
- Common Market for Eastern and Southern Africa (COMESA) ranks 9th out of 19 groups with data for 2027.
- Is gross external debt, percent of gdp (balance of payments and) rising or falling in Common Market for Eastern and Southern Africa (COMESA)?
- Over the last ten years it is down 0.7%. The long-run trend across the full record is falling.
- Where does this Common Market for Eastern and Southern Africa (COMESA) data come from?
- The figures come from International Monetary Fund, published as part of Gross external debt, Percent of GDP (Balance of Payments and International Investment Position Manual, Sixth Edition (BPM6)). Statizoid updates them automatically from the source API.
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About this data
Sub-Saharan Africa Regional Economic Outlook (REO) provides information on recent economic developments and prospects for countries in sub-Saharan Africa. Data for the REO for sub-Saharan Africa are prepared in conjunction with the semi-annual World Economic Outlook (WEO) exercises, spring and fall.