PPG, private creditors in Sub-Saharan Africa (excluding high income)
Sub-Saharan Africa (excluding high income): PPG, private creditors was 16.12 billion NFL, US$ in 2024. ◆ Volatile
Latest (2024)
16.12 billion NFL, US$
Change on year
up 1,301.7%
Rank
8th
of 12 groups
All-time high
22.99 billion NFL, US$
in 2017
All-time low
-3.73 billion NFL, US$
in 2006
Years of data
55
1970–2024
PPG, private creditors in Sub-Saharan Africa (excluding high income), 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in NFL, US$.
Analysis
Sub-Saharan Africa (excluding high income) recorded 16.12 billion NFL, US$ for ppg, private creditors in 2024.
That represents a change of up 1,301.7% on the previous year and down 25.5% over ten years.
Over the whole period, ppg, private creditors in Sub-Saharan Africa (excluding high income) peaked at 22.99 billion NFL, US$ in 2017 and was at its lowest, -3.73 billion NFL, US$, in 2006.
The series is highly variable year to year, so single readings are best treated with caution.
PPG, private creditors in Sub-Saharan Africa (excluding high income), year by year
| Year | NFL, US$ | Change |
|---|---|---|
| 1970 | 315.90 million NFL, US$ | — |
| 1971 | 216.08 million NFL, US$ | -31.6% |
| 1972 | 344.69 million NFL, US$ | +59.5% |
| 1973 | 503.68 million NFL, US$ | +46.1% |
| 1974 | 686.86 million NFL, US$ | +36.4% |
| 1975 | 1.07 billion NFL, US$ | +55.1% |
| 1976 | 979.16 million NFL, US$ | -8.1% |
| 1977 | 1.57 billion NFL, US$ | +60.1% |
| 1978 | 3.31 billion NFL, US$ | +111.0% |
| 1979 | 2.90 billion NFL, US$ | -12.3% |
| 1980 | 3.61 billion NFL, US$ | +24.3% |
| 1981 | 3.06 billion NFL, US$ | -15.3% |
| 1982 | 4.49 billion NFL, US$ | +46.8% |
| 1983 | 1.77 billion NFL, US$ | -60.5% |
| 1984 | 304.68 million NFL, US$ | -82.8% |
| 1985 | 273.08 million NFL, US$ | -10.4% |
| 1986 | 699.60 million NFL, US$ | +156.2% |
| 1987 | 1.07 billion NFL, US$ | +53.7% |
| 1988 | 1.27 billion NFL, US$ | +18.5% |
| 1989 | 1.11 billion NFL, US$ | -13.1% |
| 1990 | 299.92 million NFL, US$ | -72.9% |
| 1991 | 341.83 million NFL, US$ | +14.0% |
| 1992 | 535.00 million NFL, US$ | +56.5% |
| 1993 | 721.61 million NFL, US$ | +34.9% |
| 1994 | 1.36 billion NFL, US$ | +88.8% |
| 1995 | 1.61 billion NFL, US$ | +18.4% |
| 1996 | -391.97 million NFL, US$ | -124.3% |
| 1997 | 7.33 billion NFL, US$ | -1970.5% |
| 1998 | -71.20 million NFL, US$ | -101.0% |
| 1999 | 1.47 billion NFL, US$ | -2170.9% |
| 2000 | -92.31 million NFL, US$ | -106.3% |
| 2001 | -227.22 million NFL, US$ | +146.2% |
| 2002 | 628.38 million NFL, US$ | -376.5% |
| 2003 | 334.63 million NFL, US$ | -46.7% |
| 2004 | 1.50 billion NFL, US$ | +348.8% |
| 2005 | 1.38 billion NFL, US$ | -8.1% |
| 2006 | -3.73 billion NFL, US$ | -370.6% |
| 2007 | 2.51 billion NFL, US$ | -167.2% |
| 2008 | 6.86 billion NFL, US$ | +173.6% |
| 2009 | 1.29 billion NFL, US$ | -81.1% |
| 2010 | 9.79 billion NFL, US$ | +656.0% |
| 2011 | 18.71 billion NFL, US$ | +91.2% |
| 2012 | 19.24 billion NFL, US$ | +2.8% |
| 2013 | 15.88 billion NFL, US$ | -17.4% |
| 2014 | 21.64 billion NFL, US$ | +36.2% |
| 2015 | -190.72 million NFL, US$ | -100.9% |
| 2016 | 18.93 billion NFL, US$ | -10027.9% |
| 2017 | 22.99 billion NFL, US$ | +21.4% |
| 2018 | 19.37 billion NFL, US$ | -15.8% |
| 2019 | 18.96 billion NFL, US$ | -2.1% |
| 2020 | 2.66 billion NFL, US$ | -86.0% |
| 2021 | 7.08 billion NFL, US$ | +166.0% |
| 2022 | -949.25 million NFL, US$ | -113.4% |
| 2023 | -1.34 billion NFL, US$ | +41.3% |
| 2024 | 16.12 billion NFL, US$ | -1301.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.19 billion NFL, US$ | 216.08 million NFL, US$ | 3.31 billion NFL, US$ | 10 |
| 1980s | 1.77 billion NFL, US$ | 273.08 million NFL, US$ | 4.49 billion NFL, US$ | 10 |
| 1990s | 1.32 billion NFL, US$ | -391.97 million NFL, US$ | 7.33 billion NFL, US$ | 10 |
| 2000s | 1.05 billion NFL, US$ | -3.73 billion NFL, US$ | 6.86 billion NFL, US$ | 10 |
| 2010s | 16.53 billion NFL, US$ | -190.72 million NFL, US$ | 22.99 billion NFL, US$ | 10 |
| 2020s | 4.72 billion NFL, US$ | -1.34 billion NFL, US$ | 16.12 billion NFL, US$ | 5 |
Countries ranked near Sub-Saharan Africa (excluding high income)
- 5 Brazil 7.53 billion NFL, US$ compare
- 6 South Africa 6.52 billion NFL, US$ compare
- 7 Philippines 5.00 billion NFL, US$ compare
- 8 Argentina 3.64 billion NFL, US$ compare
- 9 Nigeria 3.53 billion NFL, US$ compare
- 10 Colombia 3.20 billion NFL, US$ compare
- 11 Uzbekistan 3.16 billion NFL, US$ compare
More external debt data for Sub-Saharan Africa (excluding high income)
- 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 590.20 million NFL, US$ (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 (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, IDA 11.51 billion NFL, current US$ (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 ppg, private creditors in Sub-Saharan Africa (excluding high income)?
- Ppg, private creditors in Sub-Saharan Africa (excluding high income) was 16.12 billion NFL, US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest ppg, private creditors recorded in Sub-Saharan Africa (excluding high income)?
- The highest recorded value was 22.99 billion NFL, US$ in 2017.
- What is the lowest ppg, private creditors recorded in Sub-Saharan Africa (excluding high income)?
- The lowest recorded value was -3.73 billion NFL, US$ in 2006.
- How does Sub-Saharan Africa (excluding high income) rank for ppg, private creditors?
- Sub-Saharan Africa (excluding high income) ranks 8th out of 12 groups with data for 2024.
- Is ppg, private creditors rising or falling in Sub-Saharan Africa (excluding high income)?
- Over the last ten years it is down 25.5%. 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 PPG, private creditors (NFL, 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
Public and publicly guaranteed debt from private creditors include bonds that are either publicly issued or privately placed; commercial bank loans from private banks and other private financial institutions; and other private credits from manufacturers, exporters, and other suppliers of goods, and bank credits covered by a guarantee of an export credit agency. 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.