Gross external debt, Percent of GDP (Balance of Payments and) in Economic Community of West African States (ECOWAS)
Economic Community of West African States (ECOWAS): Gross external debt, Percent of GDP (Balance of Payments and) was 24.68 in 2027. ◆ Volatile
Gross external debt, Percent of GDP (Balance of Payments and) in Economic Community of West African States (ECOWAS), 2000–2027
Source: International Monetary Fund.
Analysis
Economic Community of West African States (ECOWAS) recorded 24.68 for gross external debt, percent of gdp (balance of payments and) in 2027.
Compared with earlier readings it is up 1.6% on the previous year and up 132.2% over ten years.
Over the whole period, gross external debt, percent of gdp (balance of payments and) in Economic Community of West African States (ECOWAS) peaked at 43.97 in 2000 and was at its lowest, 4.19, in 2012.
The series is highly variable year to year, so single readings are best treated with caution.
Gross external debt, Percent of GDP (Balance of Payments and) in Economic Community of West African States (ECOWAS), year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 43.97 | — |
| 2001 | 41.11 | -6.5% |
| 2002 | 34.13 | -17.0% |
| 2003 | 32.93 | -3.5% |
| 2004 | 28.1 | -14.7% |
| 2005 | 21.58 | -23.2% |
| 2006 | 9.62 | -55.4% |
| 2007 | 8.47 | -11.9% |
| 2008 | 7.02 | -17.1% |
| 2009 | 7.8 | +11.0% |
| 2010 | 5.11 | -34.4% |
| 2011 | 5.23 | +2.3% |
| 2012 | 4.19 | -19.9% |
| 2013 | 4.9 | +16.9% |
| 2014 | 5.01 | +2.3% |
| 2015 | 6.25 | +24.7% |
| 2016 | 7.75 | +23.9% |
| 2017 | 10.63 | +37.2% |
| 2018 | 11.48 | +8.0% |
| 2019 | 11.33 | -1.3% |
| 2020 | 14.43 | +27.4% |
| 2021 | 15.4 | +6.8% |
| 2022 | 15.47 | +0.4% |
| 2023 | 19.67 | +27.2% |
| 2024 | 28.71 | +45.9% |
| 2025 | 26.53 | -7.6% |
| 2026 | 24.29 | -8.4% |
| 2027 | 24.68 | +1.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 23.47 | 7.02 | 43.97 | 10 |
| 2010s | 7.19 | 4.19 | 11.48 | 10 |
| 2020s | 21.15 | 14.43 | 28.71 | 8 |
Countries ranked near Economic Community of West African States (ECOWAS)
More external debt data for Economic Community of West African States (ECOWAS)
All data for Economic Community of West African States (ECOWAS) →
Frequently asked questions
- What is gross external debt, percent of gdp (balance of payments and) in Economic Community of West African States (ECOWAS)?
- Gross external debt, percent of gdp (balance of payments and) in Economic Community of West African States (ECOWAS) was 24.68 in 2027, according to International Monetary Fund.
- What is the highest gross external debt, percent of gdp (balance of payments and) recorded in Economic Community of West African States (ECOWAS)?
- The highest recorded value was 43.97 in 2000.
- What is the lowest gross external debt, percent of gdp (balance of payments and) recorded in Economic Community of West African States (ECOWAS)?
- The lowest recorded value was 4.19 in 2012.
- How does Economic Community of West African States (ECOWAS) rank for gross external debt, percent of gdp (balance of payments and)?
- Economic Community of West African States (ECOWAS) ranks 14th out of 19 groups with data for 2027.
- Is gross external debt, percent of gdp (balance of payments and) rising or falling in Economic Community of West African States (ECOWAS)?
- Over the last ten years it is up 132.2%. The long-run trend across the full record is volatile.
- Where does this Economic Community of West African States (ECOWAS) 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.
Download this data
CSV · JSON — 28 observations, free to reuse under IMF Terms and Conditions (attribution required).
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.