Gross external debt, Percent of GDP (Balance of Payments and) in East African Community (EAC)
East African Community (EAC): Gross external debt, Percent of GDP (Balance of Payments and) was 28.18 in 2027. ▼ Falling
Gross external debt, Percent of GDP (Balance of Payments and) in East African Community (EAC), 2000–2027
Source: International Monetary Fund.
Analysis
The most recent figure for gross external debt, percent of gdp (balance of payments and) in East African Community (EAC) is 28.18, measured in 2027.
Compared with earlier readings it is down 4.7% on the previous year and up 5.3% over ten years.
Over the whole period, gross external debt, percent of gdp (balance of payments and) in East African Community (EAC) peaked at 42.47 in 2000 and was at its lowest, 15.18, in 2008.
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 East African Community (EAC), year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 42.47 | — |
| 2001 | 41.15 | -3.1% |
| 2002 | 42.05 | +2.2% |
| 2003 | 40.78 | -3.0% |
| 2004 | 38.18 | -6.4% |
| 2005 | 32.7 | -14.4% |
| 2006 | 20.88 | -36.1% |
| 2007 | 16.5 | -21.0% |
| 2008 | 15.18 | -8.0% |
| 2009 | 15.46 | +1.9% |
| 2010 | 16.28 | +5.3% |
| 2011 | 17.48 | +7.4% |
| 2012 | 17.6 | +0.6% |
| 2013 | 18.77 | +6.7% |
| 2014 | 20.41 | +8.8% |
| 2015 | 22.73 | +11.4% |
| 2016 | 24.53 | +7.9% |
| 2017 | 26.78 | +9.1% |
| 2018 | 28.03 | +4.7% |
| 2019 | 27.27 | -2.7% |
| 2020 | 31.3 | +14.8% |
| 2021 | 31.9 | +1.9% |
| 2022 | 31.51 | -1.2% |
| 2023 | 34.33 | +8.9% |
| 2024 | 31.95 | -6.9% |
| 2025 | 30.58 | -4.3% |
| 2026 | 29.58 | -3.3% |
| 2027 | 28.18 | -4.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 30.54 | 15.18 | 42.47 | 10 |
| 2010s | 21.99 | 16.28 | 28.03 | 10 |
| 2020s | 31.17 | 28.18 | 34.33 | 8 |
Countries ranked near East African Community (EAC)
More external debt data for East African Community (EAC)
Frequently asked questions
- What is gross external debt, percent of gdp (balance of payments and) in East African Community (EAC)?
- Gross external debt, percent of gdp (balance of payments and) in East African Community (EAC) was 28.18 in 2027, according to International Monetary Fund.
- What is the highest gross external debt, percent of gdp (balance of payments and) recorded in East African Community (EAC)?
- The highest recorded value was 42.47 in 2000.
- What is the lowest gross external debt, percent of gdp (balance of payments and) recorded in East African Community (EAC)?
- The lowest recorded value was 15.18 in 2008.
- How does East African Community (EAC) rank for gross external debt, percent of gdp (balance of payments and)?
- East African Community (EAC) ranks 7th out of 19 groups with data for 2027.
- Is gross external debt, percent of gdp (balance of payments and) rising or falling in East African Community (EAC)?
- Over the last ten years it is up 5.3%. The long-run trend across the full record is falling.
- Where does this East African Community (EAC) 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.