Total debt service in North Africa
North Africa: Total debt service was 1.8% in 2011. ▼ Falling
Total debt service in North Africa, 1970–2011
Source: World Bank, Global Development Finance. Measured in % of GDP.
Analysis
In 2011, total debt service in North Africa stood at 1.8%.
Compared with earlier readings it is down 1.5% on the previous year and down 63.1% over ten years.
Over the whole period, total debt service in North Africa peaked at 12.8% in 1992 and was at its lowest, 0.2%, in 1970.
The long-run direction has been consistently falling across the 42 years of available data.
Total debt service in North Africa, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 0.2% | — |
| 1971 | 2.6% | +1167.2% |
| 1972 | 3.5% | +34.2% |
| 1973 | 3.6% | +2.1% |
| 1974 | 3.8% | +4.9% |
| 1975 | 2.6% | -31.2% |
| 1976 | 3.1% | +18.1% |
| 1977 | 4.3% | +39.0% |
| 1978 | 5.3% | +24.4% |
| 1979 | 6.6% | +24.9% |
| 1980 | 7.9% | +19.1% |
| 1981 | 8.8% | +11.6% |
| 1982 | 9.1% | +3.3% |
| 1983 | 9.1% | -0.3% |
| 1984 | 8.9% | -2.4% |
| 1985 | 8.8% | -1.0% |
| 1986 | 8.4% | -4.0% |
| 1987 | 7.3% | -12.9% |
| 1988 | 9.4% | +27.3% |
| 1989 | 10.2% | +8.9% |
| 1990 | 10.5% | +3.5% |
| 1991 | 12.4% | +18.0% |
| 1992 | 12.8% | +2.7% |
| 1993 | 11.5% | -10.0% |
| 1994 | 8.8% | -23.7% |
| 1995 | 7.7% | -12.5% |
| 1996 | 6.6% | -14.1% |
| 1997 | 6.0% | -8.3% |
| 1998 | 5.7% | -5.1% |
| 1999 | 5.9% | +2.3% |
| 2000 | 5.0% | -13.9% |
| 2001 | 4.8% | -4.4% |
| 2002 | 5.4% | +12.0% |
| 2003 | 5.6% | +3.6% |
| 2004 | 5.1% | -8.6% |
| 2005 | 4.5% | -11.2% |
| 2006 | 6.6% | +46.2% |
| 2007 | 2.8% | -57.4% |
| 2008 | 2.3% | -19.3% |
| 2009 | 2.0% | -10.5% |
| 2010 | 1.8% | -11.4% |
| 2011 | 1.8% | -1.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.6% | 0.2% | 6.6% | 10 |
| 1980s | 8.8% | 7.3% | 10.2% | 10 |
| 1990s | 8.8% | 5.7% | 12.8% | 10 |
| 2000s | 4.4% | 2.0% | 6.6% | 10 |
| 2010s | 1.8% | 1.8% | 1.8% | 2 |
Countries ranked near North Africa
More external debt data for North Africa
- Inward Direct investment, Net (liabilities less assets), All 120.74 billion (2024)
- Inward Direct investment, Net (liabilities less assets), Debt 110.51 million (2024)
- Inward Direct investment, Net (liabilities less assets), Debt 7.44 billion (2024)
- Inward Direct investment, Net (liabilities less assets), Debt 10.60 billion (2024)
- Inward Direct investment, Net (liabilities less assets), All 3.00 billion (2024)
- Inward Direct investment, Liabilities (gross), Debt instruments, All 14.88 billion (2024)
- Inward Direct investment, Assets (gross), Debt instruments, All 6.21 billion (2024)
- Inward Direct investment, Liabilities (gross), All financial 3.92 billion (2024)
- Outward Direct investment, Net (assets less liabilities), Debt 57.94 million (2024)
- Inward Direct investment, Net (liabilities less assets), Equity, All 97.82 billion (2024)
Frequently asked questions
- What is total debt service in North Africa?
- Total debt service in North Africa was 1.8% in 2011, according to World Bank, Global Development Finance.
- What is the highest total debt service recorded in North Africa?
- The highest recorded value was 12.8% in 1992.
- What is the lowest total debt service recorded in North Africa?
- The lowest recorded value was 0.2% in 1970.
- How does North Africa rank for total debt service?
- North Africa ranks 1st out of 6 groups with data for 2011.
- Is total debt service rising or falling in North Africa?
- Over the last ten years it is down 63.1%. The long-run trend across the full record is falling.
- Where does this North 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.