Public and publicly guaranteed debt service in Sub-Saharan Africa (IDA & IBRD countries)
Sub-Saharan Africa (IDA & IBRD countries): Public and publicly guaranteed debt service was 8.9% in 2024. ▼ Falling
Public and publicly guaranteed debt service in Sub-Saharan Africa (IDA & IBRD countries), 1994–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of exports of goods, services and primary income.
Analysis
Sub-Saharan Africa (IDA & IBRD countries) recorded 8.9% for public and publicly guaranteed debt service in 2024.
The figure is down 0.5% on the previous year and up 105.9% over ten years.
Over the whole period, public and publicly guaranteed debt service in Sub-Saharan Africa (IDA & IBRD countries) peaked at 11.8% in 1996 and was at its lowest, 2.4%, in 2011.
Sub-Saharan Africa (IDA & IBRD countries) ranks 7th of 32 groups on this measure, in the top quarter.
The long-run direction has been consistently falling across the 31 years of available data.
Public and publicly guaranteed debt service in Sub-Saharan Africa (IDA & IBRD countries), year by year
| Year | % of exports of goods, services and primary income | Change |
|---|---|---|
| 1994 | 10.1% | — |
| 1995 | 10.2% | +1.5% |
| 1996 | 11.8% | +15.8% |
| 1997 | 9.8% | -17.0% |
| 1998 | 11.7% | +19.6% |
| 1999 | 7.9% | -33.1% |
| 2000 | 8.9% | +13.5% |
| 2001 | 10.2% | +14.0% |
| 2002 | 7.2% | -28.9% |
| 2003 | 6.7% | -7.7% |
| 2004 | 5.3% | -20.4% |
| 2005 | 8.3% | +56.1% |
| 2006 | 7.0% | -15.3% |
| 2007 | 3.9% | -44.5% |
| 2008 | 3.0% | -23.5% |
| 2009 | 3.8% | +27.8% |
| 2010 | 2.5% | -35.2% |
| 2011 | 2.4% | -3.3% |
| 2012 | 3.2% | +34.9% |
| 2013 | 4.3% | +34.7% |
| 2014 | 4.3% | -0.2% |
| 2015 | 8.8% | +102.9% |
| 2016 | 7.6% | -13.2% |
| 2017 | 6.8% | -11.1% |
| 2018 | 9.6% | +41.1% |
| 2019 | 8.8% | -7.6% |
| 2020 | 10.5% | +18.4% |
| 2021 | 9.2% | -11.7% |
| 2022 | 8.4% | -9.3% |
| 2023 | 8.9% | +6.8% |
| 2024 | 8.9% | -0.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 10.2% | 7.9% | 11.8% | 6 |
| 2000s | 6.4% | 3.0% | 10.2% | 10 |
| 2010s | 5.8% | 2.4% | 9.6% | 10 |
| 2020s | 9.2% | 8.4% | 10.5% | 5 |
Countries ranked near Sub-Saharan Africa (IDA & IBRD countries)
More external debt data for Sub-Saharan Africa (IDA & IBRD countries)
- IFC, private nonguaranteed 590.20 million NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita 0.4575 NFL, US$ 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)
- Net financial flows, IDA (NFL, current US$), per square kilometre 432.4 NFL, current US$ per square kilometre (2023)
Frequently asked questions
- What is public and publicly guaranteed debt service in Sub-Saharan Africa (IDA & IBRD countries)?
- Public and publicly guaranteed debt service in Sub-Saharan Africa (IDA & IBRD countries) was 8.9% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest public and publicly guaranteed debt service recorded in Sub-Saharan Africa (IDA & IBRD countries)?
- The highest recorded value was 11.8% in 1996.
- What is the lowest public and publicly guaranteed debt service recorded in Sub-Saharan Africa (IDA & IBRD countries)?
- The lowest recorded value was 2.4% in 2011.
- How does Sub-Saharan Africa (IDA & IBRD countries) rank for public and publicly guaranteed debt service?
- Sub-Saharan Africa (IDA & IBRD countries) ranks 7th out of 32 groups with data for 2024.
- Is public and publicly guaranteed debt service rising or falling in Sub-Saharan Africa (IDA & IBRD countries)?
- Over the last ten years it is up 105.9%. The long-run trend across the full record is falling.
- Where does this Sub-Saharan Africa (IDA & IBRD countries) data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Public and publicly guaranteed debt service (% of exports of goods, services and primary income). Statizoid updates them automatically from the source API.
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About this data
Public and publicly guaranteed debt service to exports of goods, services, and income. Public and publicly guaranteed debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term obligations of public debtors and long-term private obligations guaranteed by a public entity. Exports of goods, services and primary income is the sum of goods (merchandise) exports, exports of (nonfactor) services and income (factor) receipts.