Interest payments, Long-term debt including IMF credit (current US$) in Africa
Africa: Interest payments, Long-term debt including IMF credit (current US$) was 7.40 billion current US$ in 2011. ▲ Rising
Interest payments, Long-term debt including IMF credit in Africa, 1970–2011
Source: World Bank, Global Development Finance. Measured in current US$.
Analysis
Africa recorded 7.40 billion current US$ for interest payments, long-term debt including imf credit in 2011.
Compared with earlier readings it is up 7.3% on the previous year and up 13.2% over ten years.
Over the whole period, interest payments, long-term debt including imf credit in Africa peaked at 10.65 billion current US$ in 2005 and was at its lowest, 3.27 million current US$, in 1970.
The long-run direction has been consistently rising across the 42 years of available data.
Interest payments, Long-term debt including IMF credit (current US$) in Africa, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 3.27 million current US$ | — |
| 1971 | 318.81 million current US$ | +9649.6% |
| 1972 | 393.34 million current US$ | +23.4% |
| 1973 | 556.71 million current US$ | +41.5% |
| 1974 | 757.50 million current US$ | +36.1% |
| 1975 | 889.41 million current US$ | +17.4% |
| 1976 | 1.09 billion current US$ | +22.1% |
| 1977 | 1.63 billion current US$ | +50.3% |
| 1978 | 2.35 billion current US$ | +43.8% |
| 1979 | 3.57 billion current US$ | +52.3% |
| 1980 | 5.18 billion current US$ | +44.9% |
| 1981 | 5.74 billion current US$ | +10.9% |
| 1982 | 6.11 billion current US$ | +6.5% |
| 1983 | 6.16 billion current US$ | +0.8% |
| 1984 | 6.80 billion current US$ | +10.3% |
| 1985 | 7.00 billion current US$ | +2.9% |
| 1986 | 6.89 billion current US$ | -1.5% |
| 1987 | 6.28 billion current US$ | -8.9% |
| 1988 | 7.86 billion current US$ | +25.2% |
| 1989 | 8.38 billion current US$ | +6.5% |
| 1990 | 8.74 billion current US$ | +4.4% |
| 1991 | 8.70 billion current US$ | -0.5% |
| 1992 | 9.73 billion current US$ | +11.9% |
| 1993 | 7.39 billion current US$ | -24.1% |
| 1994 | 8.66 billion current US$ | +17.2% |
| 1995 | 9.47 billion current US$ | +9.4% |
| 1996 | 9.97 billion current US$ | +5.2% |
| 1997 | 8.07 billion current US$ | -19.0% |
| 1998 | 8.02 billion current US$ | -0.6% |
| 1999 | 7.69 billion current US$ | -4.1% |
| 2000 | 7.18 billion current US$ | -6.6% |
| 2001 | 6.54 billion current US$ | -8.9% |
| 2002 | 6.52 billion current US$ | -0.3% |
| 2003 | 6.42 billion current US$ | -1.4% |
| 2004 | 5.83 billion current US$ | -9.3% |
| 2005 | 10.65 billion current US$ | +82.8% |
| 2006 | 6.60 billion current US$ | -38.0% |
| 2007 | 6.85 billion current US$ | +3.7% |
| 2008 | 6.88 billion current US$ | +0.5% |
| 2009 | 6.01 billion current US$ | -12.6% |
| 2010 | 6.90 billion current US$ | +14.8% |
| 2011 | 7.40 billion current US$ | +7.3% |
Biggest year-on-year movements
Years where Interest payments, Long-term debt including IMF credit (current US$) in Africa changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1971 | +9649.6% | 3.27 million current US$ | 318.81 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.16 billion current US$ | 3.27 million current US$ | 3.57 billion current US$ | 10 |
| 1980s | 6.64 billion current US$ | 5.18 billion current US$ | 8.38 billion current US$ | 10 |
| 1990s | 8.64 billion current US$ | 7.39 billion current US$ | 9.97 billion current US$ | 10 |
| 2000s | 6.95 billion current US$ | 5.83 billion current US$ | 10.65 billion current US$ | 10 |
| 2010s | 7.15 billion current US$ | 6.90 billion current US$ | 7.40 billion current US$ | 2 |
Countries ranked near Africa
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 interest payments, long-term debt including imf credit in Africa?
- Interest payments, long-term debt including imf credit in Africa was 7.40 billion current US$ in 2011, according to World Bank, Global Development Finance.
- What is the highest interest payments, long-term debt including imf credit recorded in Africa?
- The highest recorded value was 10.65 billion current US$ in 2005.
- What is the lowest interest payments, long-term debt including imf credit recorded in Africa?
- The lowest recorded value was 3.27 million current US$ in 1970.
- How does Africa rank for interest payments, long-term debt including imf credit?
- Africa ranks 1st out of 6 groups with data for 2011.
- Is interest payments, long-term debt including imf credit rising or falling in Africa?
- Over the last ten years it is up 13.2%. The long-run trend across the full record is rising.
- Where does this Africa data come from?
- The figures come from World Bank, Global Development Finance, published as part of Interest payments, Long-term debt including IMF credit (current US$). Statizoid updates them automatically from the source API.
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About this data
Interest payments on long-term debt are actual amounts of interest paid in currency, goods, or services in the year specified. Long-term external debt is defined as debt that has an original or extended maturity of more than one year and that is owed to nonresidents and repayable in currency, goods, or services. IMF charges cover interest payments with respect to all uses of IMF resources, excluding those resulting from drawings in the reserve tranche.