PNG, commercial banks and other creditors in Sub-Saharan Africa (excluding high income)
Sub-Saharan Africa (excluding high income): PNG, commercial banks and other creditors was -1.33 billion NFL, current US$ in 2024. ◆ Volatile
Latest (2024)
-1.33 billion NFL, current US$
Change on year
down 829.8%
Rank
6th
of 12 groups
All-time high
17.12 billion NFL, current US$
in 2013
All-time low
-2.43 billion NFL, current US$
in 2019
Years of data
55
1970–2024
PNG, commercial banks and other creditors in Sub-Saharan Africa (excluding high income), 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in NFL, current US$.
Analysis
In 2024, png, commercial banks and other creditors in Sub-Saharan Africa (excluding high income) stood at -1.33 billion NFL, current US$.
That represents a change of down 829.8% on the previous year and down 111.0% over ten years.
Over the whole period, png, commercial banks and other creditors in Sub-Saharan Africa (excluding high income) peaked at 17.12 billion NFL, current US$ in 2013 and was at its lowest, -2.43 billion NFL, current US$, in 2019.
The series is highly variable year to year, so single readings are best treated with caution.
PNG, commercial banks and other creditors in Sub-Saharan Africa (excluding high income), year by year
| Year | NFL, current US$ | Change |
|---|---|---|
| 1970 | 38.90 million NFL, current US$ | — |
| 1971 | -6.60 million NFL, current US$ | -117.0% |
| 1972 | 13.50 million NFL, current US$ | -304.5% |
| 1973 | 137.60 million NFL, current US$ | +919.3% |
| 1974 | 188.20 million NFL, current US$ | +36.8% |
| 1975 | 101.70 million NFL, current US$ | -46.0% |
| 1976 | 39.60 million NFL, current US$ | -61.1% |
| 1977 | 25.70 million NFL, current US$ | -35.1% |
| 1978 | 548.70 million NFL, current US$ | +2035.0% |
| 1979 | 473.01 million NFL, current US$ | -13.8% |
| 1980 | 575.30 million NFL, current US$ | +21.6% |
| 1981 | 451.62 million NFL, current US$ | -21.5% |
| 1982 | 56.09 million NFL, current US$ | -87.6% |
| 1983 | 574.93 million NFL, current US$ | +925.0% |
| 1984 | 209.58 million NFL, current US$ | -63.5% |
| 1985 | -201.63 million NFL, current US$ | -196.2% |
| 1986 | -119.30 million NFL, current US$ | -40.8% |
| 1987 | -59.95 million NFL, current US$ | -49.7% |
| 1988 | 112.21 million NFL, current US$ | -287.2% |
| 1989 | 227.79 million NFL, current US$ | +103.0% |
| 1990 | 164.55 million NFL, current US$ | -27.8% |
| 1991 | 37.96 million NFL, current US$ | -76.9% |
| 1992 | 122.29 million NFL, current US$ | +222.2% |
| 1993 | 26.87 million NFL, current US$ | -78.0% |
| 1994 | -601.75 million NFL, current US$ | -2339.6% |
| 1995 | -840.86 million NFL, current US$ | +39.7% |
| 1996 | -1.03 billion NFL, current US$ | +22.4% |
| 1997 | -1.91 billion NFL, current US$ | +86.0% |
| 1998 | -802.00 million NFL, current US$ | -58.1% |
| 1999 | -1.77 billion NFL, current US$ | +121.3% |
| 2000 | 2.01 billion NFL, current US$ | -213.3% |
| 2001 | 1.17 billion NFL, current US$ | -41.6% |
| 2002 | 2.11 billion NFL, current US$ | +79.9% |
| 2003 | 367.76 million NFL, current US$ | -82.6% |
| 2004 | 173.84 million NFL, current US$ | -52.7% |
| 2005 | 1.13 billion NFL, current US$ | +551.3% |
| 2006 | 2.86 billion NFL, current US$ | +152.2% |
| 2007 | 7.20 billion NFL, current US$ | +151.9% |
| 2008 | 4.09 billion NFL, current US$ | -43.1% |
| 2009 | 6.22 billion NFL, current US$ | +51.9% |
| 2010 | 15.09 billion NFL, current US$ | +142.6% |
| 2011 | 12.70 billion NFL, current US$ | -15.9% |
| 2012 | 7.58 billion NFL, current US$ | -40.3% |
| 2013 | 17.12 billion NFL, current US$ | +126.0% |
| 2014 | 12.07 billion NFL, current US$ | -29.5% |
| 2015 | 9.19 billion NFL, current US$ | -23.9% |
| 2016 | 15.42 billion NFL, current US$ | +67.8% |
| 2017 | 13.23 billion NFL, current US$ | -14.2% |
| 2018 | 4.12 billion NFL, current US$ | -68.8% |
| 2019 | -2.43 billion NFL, current US$ | -158.9% |
| 2020 | 5.74 billion NFL, current US$ | -336.5% |
| 2021 | 2.41 billion NFL, current US$ | -58.0% |
| 2022 | 1.97 billion NFL, current US$ | -18.3% |
| 2023 | -143.26 million NFL, current US$ | -107.3% |
| 2024 | -1.33 billion NFL, current US$ | +829.8% |
Biggest year-on-year movements
Years where PNG, commercial banks and other creditors in Sub-Saharan Africa (excluding high income) 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 |
|---|---|---|---|
| 1994 | -2339.6% | 26.87 million NFL, current US$ | -601.75 million NFL, current US$ |
| 1978 | +2035.0% | 25.70 million NFL, current US$ | 548.70 million NFL, current US$ |
| 1973 | +919.3% | 13.50 million NFL, current US$ | 137.60 million NFL, current US$ |
| 1983 | +925.0% | 56.09 million NFL, current US$ | 574.93 million NFL, current US$ |
| 2024 | -829.8% | -143.26 million NFL, current US$ | -1.33 billion NFL, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 156.03 million NFL, current US$ | -6.60 million NFL, current US$ | 548.70 million NFL, current US$ | 10 |
| 1980s | 182.66 million NFL, current US$ | -201.63 million NFL, current US$ | 575.30 million NFL, current US$ | 10 |
| 1990s | -661.06 million NFL, current US$ | -1.91 billion NFL, current US$ | 164.55 million NFL, current US$ | 10 |
| 2000s | 2.73 billion NFL, current US$ | 173.84 million NFL, current US$ | 7.20 billion NFL, current US$ | 10 |
| 2010s | 10.41 billion NFL, current US$ | -2.43 billion NFL, current US$ | 17.12 billion NFL, current US$ | 10 |
| 2020s | 1.73 billion NFL, current US$ | -1.33 billion NFL, current US$ | 5.74 billion NFL, current US$ | 5 |
Countries ranked near Sub-Saharan Africa (excluding high income)
- 3 Colombia 4.94 billion NFL, current US$ compare
- 4 Uzbekistan 3.62 billion NFL, current US$ compare
- 5 Mozambique 2.94 billion NFL, current US$ compare
- 6 Mongolia 2.56 billion NFL, current US$ compare
- 7 Argentina 1.38 billion NFL, current US$ compare
- 8 Kyrgyzstan 1.19 billion NFL, current US$ compare
- 9 Paraguay 1.18 billion NFL, current US$ compare
More external debt data for Sub-Saharan Africa (excluding high income)
- IFC, private nonguaranteed 590.20 million NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita 0.4576 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP 0.0003 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 34.76 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 2.7% (2024)
- Net financial flows, IDA 11.51 billion NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per capita 8.92 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP 0.0058 NFL, current US$ per US$ of GDP (2024)
- Net financial flows, IBRD 3.82 billion NFL, current US$ (2024)
- Public and publicly guaranteed debt service 8.9% (2024)
Frequently asked questions
- What is png, commercial banks and other creditors in Sub-Saharan Africa (excluding high income)?
- Png, commercial banks and other creditors in Sub-Saharan Africa (excluding high income) was -1.33 billion NFL, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest png, commercial banks and other creditors recorded in Sub-Saharan Africa (excluding high income)?
- The highest recorded value was 17.12 billion NFL, current US$ in 2013.
- What is the lowest png, commercial banks and other creditors recorded in Sub-Saharan Africa (excluding high income)?
- The lowest recorded value was -2.43 billion NFL, current US$ in 2019.
- How does Sub-Saharan Africa (excluding high income) rank for png, commercial banks and other creditors?
- Sub-Saharan Africa (excluding high income) ranks 6th out of 12 groups with data for 2024.
- Is png, commercial banks and other creditors rising or falling in Sub-Saharan Africa (excluding high income)?
- Over the last ten years it is down 111.0%. The long-run trend across the full record is volatile.
- Where does this Sub-Saharan Africa (excluding high income) data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of PNG, commercial banks and other creditors (NFL, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Nonguaranteed long-term commercial bank loans from private banks and other private financial institutions. Net flows (or net lending or net disbursements) received by the borrower during the year are disbursements minus principal repayments. Data are in current U.S. dollars.