Total debt service in Africa
Africa: Total debt service was 1.5% in 2011. ▼ Falling
Total debt service in Africa, 1970–2011
Source: World Bank, Global Development Finance. Measured in % of GDP.
Analysis
The most recent figure for total debt service in Africa is 1.5%, measured in 2011.
The figure is up 0.4% on the previous year and down 66.8% over ten years.
Over the whole period, total debt service in Africa peaked at 8.4% in 1985 and was at its lowest, 0.1%, in 1970.
The long-run direction has been consistently falling across the 42 years of available data.
Total debt service in Africa, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 0.1% | — |
| 1971 | 2.1% | +1492.8% |
| 1972 | 2.3% | +12.8% |
| 1973 | 2.8% | +19.7% |
| 1974 | 2.3% | -17.1% |
| 1975 | 2.1% | -10.5% |
| 1976 | 2.2% | +6.5% |
| 1977 | 2.7% | +20.7% |
| 1978 | 3.2% | +18.0% |
| 1979 | 3.9% | +23.8% |
| 1980 | 5.4% | +37.6% |
| 1981 | 6.0% | +11.5% |
| 1982 | 6.5% | +7.5% |
| 1983 | 7.3% | +12.8% |
| 1984 | 8.2% | +12.6% |
| 1985 | 8.4% | +2.9% |
| 1986 | 7.4% | -11.8% |
| 1987 | 6.3% | -15.3% |
| 1988 | 7.5% | +18.4% |
| 1989 | 7.5% | +0.4% |
| 1990 | 7.9% | +5.5% |
| 1991 | 8.2% | +4.3% |
| 1992 | 8.4% | +2.2% |
| 1993 | 7.8% | -7.4% |
| 1994 | 5.6% | -28.1% |
| 1995 | 5.5% | -1.6% |
| 1996 | 5.1% | -7.3% |
| 1997 | 5.0% | -1.7% |
| 1998 | 4.9% | -3.4% |
| 1999 | 4.8% | -1.3% |
| 2000 | 4.4% | -8.8% |
| 2001 | 4.4% | +0.2% |
| 2002 | 4.5% | +1.8% |
| 2003 | 3.6% | -18.5% |
| 2004 | 3.1% | -14.6% |
| 2005 | 3.7% | +20.3% |
| 2006 | 4.2% | +12.6% |
| 2007 | 2.3% | -44.5% |
| 2008 | 1.8% | -22.3% |
| 2009 | 1.7% | -5.6% |
| 2010 | 1.4% | -15.3% |
| 2011 | 1.5% | +0.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.4% | 0.1% | 3.9% | 10 |
| 1980s | 7.1% | 5.4% | 8.4% | 10 |
| 1990s | 6.3% | 4.8% | 8.4% | 10 |
| 2000s | 3.4% | 1.7% | 4.5% | 10 |
| 2010s | 1.5% | 1.4% | 1.5% | 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 total debt service in Africa?
- Total debt service in Africa was 1.5% in 2011, according to World Bank, Global Development Finance.
- What is the highest total debt service recorded in Africa?
- The highest recorded value was 8.4% in 1985.
- What is the lowest total debt service recorded in Africa?
- The lowest recorded value was 0.1% in 1970.
- How does Africa rank for total debt service?
- Africa ranks 3rd out of 6 groups with data for 2011.
- Is total debt service rising or falling in Africa?
- Over the last ten years it is down 66.8%. The long-run trend across the full record is falling.
- Where does this Africa data come from?
- The figures come from World Bank, Global Development Finance, published as part of Total debt service (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Total debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term debt, interest paid on short-term debt, and repayments (repurchases and charges) to the IMF.