Public and publicly guaranteed debt service in Sub-Saharan Africa

Sub-Saharan Africa: Public and publicly guaranteed debt service was 8.9% in 2024. ▼ Falling

Latest (2024)
8.9%
Change on year
down 0.5%
Rank
7th
of 32 groups
All-time high
11.8%
in 1996
All-time low
2.4%
in 2011
Years of data
31
1994–2024

Public and publicly guaranteed debt service in Sub-Saharan Africa, 1994–2024

246810121994200920241994: 10.1 % of exports of goods, services and primary income1995: 10.2 % of exports of goods, services and primary income1996: 11.8 % of exports of goods, services and primary income1997: 9.8 % of exports of goods, services and primary income1998: 11.7 % of exports of goods, services and primary income1999: 7.9 % of exports of goods, services and primary income2000: 8.9 % of exports of goods, services and primary income2001: 10.2 % of exports of goods, services and primary income2002: 7.2 % of exports of goods, services and primary income2003: 6.7 % of exports of goods, services and primary income2004: 5.3 % of exports of goods, services and primary income2005: 8.3 % of exports of goods, services and primary income2006: 7 % of exports of goods, services and primary income2007: 3.9 % of exports of goods, services and primary income2008: 3 % of exports of goods, services and primary income2009: 3.8 % of exports of goods, services and primary income2010: 2.5 % of exports of goods, services and primary income2011: 2.4 % of exports of goods, services and primary income2012: 3.2 % of exports of goods, services and primary income2013: 4.3 % of exports of goods, services and primary income2014: 4.3 % of exports of goods, services and primary income2015: 8.8 % of exports of goods, services and primary income2016: 7.6 % of exports of goods, services and primary income2017: 6.8 % of exports of goods, services and primary income2018: 9.6 % of exports of goods, services and primary income2019: 8.8 % of exports of goods, services and primary income2020: 10.5 % of exports of goods, services and primary income2021: 9.2 % of exports of goods, services and primary income2022: 8.4 % of exports of goods, services and primary income2023: 8.9 % of exports of goods, services and primary income2024: 8.9 % of exports of goods, services and primary income

Source: International Debt Statistics, World Bank (WB). Measured in % of exports of goods, services and primary income.

Analysis

In 2024, public and publicly guaranteed debt service in Sub-Saharan Africa stood at 8.9%.

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 peaked at 11.8% in 1996 and was at its lowest, 2.4%, in 2011.

Sub-Saharan Africa 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, year by year

Annual values for Public and publicly guaranteed debt service (% of exports of goods, services and primary income) in Sub-Saharan Africa, 1994 to 2024.
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

DecadeAverage LowestHighest 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

  1. 4 Angola 26.2% compare
  2. 5 El Salvador 25.8% compare
  3. 6 Kenya 25.4% compare
  4. 7 Tonga 24.6% compare
  5. 8 Dominica 22.6% compare
  6. 9 Cote d'Ivoire 19.0% compare
  7. 10 Colombia 18.9% compare

See the full ranking of 152 places →

More external debt data for Sub-Saharan Africa

All data for Sub-Saharan Africa →

Frequently asked questions

What is public and publicly guaranteed debt service in Sub-Saharan Africa?
Public and publicly guaranteed debt service in Sub-Saharan Africa 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?
The highest recorded value was 11.8% in 1996.
What is the lowest public and publicly guaranteed debt service recorded in Sub-Saharan Africa?
The lowest recorded value was 2.4% in 2011.
How does Sub-Saharan Africa rank for public and publicly guaranteed debt service?
Sub-Saharan Africa ranks 7th out of 32 groups with data for 2024.
Is public and publicly guaranteed debt service rising or falling in Sub-Saharan Africa?
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 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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Public and publicly guaranteed debt service in Sub-Saharan Africa. Statizoid, drawing on International Debt Statistics, World Bank (WB). Retrieved 18 September 2026, from https://debt.statizoid.com/stat/public-and-publicly-guaranteed-debt-service-percent-of-exports-of-goods-services-and/sub-saharan-africa/

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About this data

Indicator
Public and publicly guaranteed debt service (% of exports of goods, services and primary income)
Unit
% of exports of goods, services and primary income
Source
International Debt Statistics, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
152 places, 5,881 data points, 1970–2024
Last refreshed

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.