Total stock of arrears (principal and interest payments) in Sub-Saharan Africa (excluding high income)
Sub-Saharan Africa (excluding high income): Total stock of arrears (principal and interest payments) was 8.73 billion current US$ in 2006. ◆ Volatile
Latest (2006)
8.73 billion current US$
Change on year
down 32.0%
Rank
2nd
of 5 groups
All-time high
33.02 billion current US$
in 1994
All-time low
0 current US$
in 1965
Years of data
42
1965–2006
Total stock of arrears (principal and interest payments) in Sub-Saharan Africa (excluding high income), 1965–2006
Source: World Bank, Global Development Finance. Measured in current US$.
Analysis
In 2006, total stock of arrears (principal and interest payments) in Sub-Saharan Africa (excluding high income) stood at 8.73 billion current US$.
The figure is down 32.0% on the previous year and down 72.0% over ten years.
Over the whole period, total stock of arrears (principal and interest payments) in Sub-Saharan Africa (excluding high income) peaked at 33.02 billion current US$ in 1994 and was at its lowest, 0 current US$, in 1965.
The series is highly variable year to year, so single readings are best treated with caution.
Total stock of arrears (principal and interest payments) in Sub-Saharan Africa (excluding high income), year by year
| Year | current US$ | Change |
|---|---|---|
| 1965 | 0 current US$ | — |
| 1966 | 0 current US$ | — |
| 1967 | 0 current US$ | — |
| 1968 | 0 current US$ | — |
| 1969 | 0 current US$ | — |
| 1970 | 126.13 million current US$ | — |
| 1971 | 97.38 million current US$ | -22.8% |
| 1972 | 163.38 million current US$ | +67.8% |
| 1973 | 225.89 million current US$ | +38.3% |
| 1974 | 234.52 million current US$ | +3.8% |
| 1975 | 253.96 million current US$ | +8.3% |
| 1976 | 274.39 million current US$ | +8.0% |
| 1977 | 458.42 million current US$ | +67.1% |
| 1978 | 525.52 million current US$ | +14.6% |
| 1979 | 509.06 million current US$ | -3.1% |
| 1980 | 839.93 million current US$ | +65.0% |
| 1981 | 1.01 billion current US$ | +20.3% |
| 1982 | 1.58 billion current US$ | +56.8% |
| 1983 | 1.55 billion current US$ | -2.2% |
| 1984 | 2.08 billion current US$ | +34.2% |
| 1985 | 3.21 billion current US$ | +54.5% |
| 1986 | 4.48 billion current US$ | +39.4% |
| 1987 | 6.27 billion current US$ | +40.0% |
| 1988 | 8.63 billion current US$ | +37.5% |
| 1989 | 12.96 billion current US$ | +50.3% |
| 1990 | 20.67 billion current US$ | +59.5% |
| 1991 | 24.93 billion current US$ | +20.6% |
| 1992 | 26.75 billion current US$ | +7.3% |
| 1993 | 30.31 billion current US$ | +13.3% |
| 1994 | 33.02 billion current US$ | +9.0% |
| 1995 | 31.06 billion current US$ | -5.9% |
| 1996 | 31.16 billion current US$ | +0.3% |
| 1997 | 25.12 billion current US$ | -19.4% |
| 1998 | 20.93 billion current US$ | -16.6% |
| 1999 | 21.82 billion current US$ | +4.3% |
| 2000 | 21.89 billion current US$ | +0.3% |
| 2001 | 25.10 billion current US$ | +14.6% |
| 2002 | 25.11 billion current US$ | +0.1% |
| 2003 | 13.46 billion current US$ | -46.4% |
| 2004 | 12.39 billion current US$ | -8.0% |
| 2005 | 12.83 billion current US$ | +3.6% |
| 2006 | 8.73 billion current US$ | -32.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0 current US$ | 0 current US$ | 0 current US$ | 5 |
| 1970s | 286.87 million current US$ | 97.38 million current US$ | 525.52 million current US$ | 10 |
| 1980s | 4.26 billion current US$ | 839.93 million current US$ | 12.96 billion current US$ | 10 |
| 1990s | 26.58 billion current US$ | 20.67 billion current US$ | 33.02 billion current US$ | 10 |
| 2000s | 17.07 billion current US$ | 8.73 billion current US$ | 25.11 billion current US$ | 7 |
Countries ranked near Sub-Saharan Africa (excluding high income)
More external debt data for Sub-Saharan Africa (excluding high income)
- IFC, private nonguaranteed 590.20 million NFL, US$ (2024)
- 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 (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)
- Public and publicly guaranteed debt service 8.9% (2024)
Frequently asked questions
- What is total stock of arrears (principal and interest payments) in Sub-Saharan Africa (excluding high income)?
- Total stock of arrears (principal and interest payments) in Sub-Saharan Africa (excluding high income) was 8.73 billion current US$ in 2006, according to World Bank, Global Development Finance.
- What is the highest total stock of arrears (principal and interest payments) recorded in Sub-Saharan Africa (excluding high income)?
- The highest recorded value was 33.02 billion current US$ in 1994.
- What is the lowest total stock of arrears (principal and interest payments) recorded in Sub-Saharan Africa (excluding high income)?
- The lowest recorded value was 0 current US$ in 1965.
- How does Sub-Saharan Africa (excluding high income) rank for total stock of arrears (principal and interest payments)?
- Sub-Saharan Africa (excluding high income) ranks 2nd out of 5 groups with data for 2006.
- Is total stock of arrears (principal and interest payments) rising or falling in Sub-Saharan Africa (excluding high income)?
- Over the last ten years it is down 72.0%. 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 World Bank, Global Development Finance, published as part of Total stock of arrears (principal and interest payments) (current US$). Statizoid updates them automatically from the source API.
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About this data
Principal and interest payments due but not paid.