Use of IMF credit in Sub-Saharan Africa (excluding high income)
Sub-Saharan Africa (excluding high income): Use of IMF credit was 71.30 billion DOD, current US$ in 2024. ◆ Volatile
Use of IMF credit in Sub-Saharan Africa (excluding high income), 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in DOD, current US$.
Analysis
The most recent figure for use of imf credit in Sub-Saharan Africa (excluding high income) is 71.30 billion DOD, current US$, measured in 2024. That is the highest value across all 55 years on record.
That represents a change of up 0.4% on the previous year and up 249.8% over ten years.
Over the whole period, use of imf credit in Sub-Saharan Africa (excluding high income) peaked at 71.30 billion DOD, current US$ in 2024 and was at its lowest, 89.29 million DOD, current US$, in 1971.
The series is highly variable year to year, so single readings are best treated with caution.
Use of IMF credit in Sub-Saharan Africa (excluding high income), year by year
| Year | DOD, current US$ | Change |
|---|---|---|
| 1970 | 106.39 million DOD, current US$ | — |
| 1971 | 89.29 million DOD, current US$ | -16.1% |
| 1972 | 129.69 million DOD, current US$ | +45.2% |
| 1973 | 161.25 million DOD, current US$ | +24.3% |
| 1974 | 357.45 million DOD, current US$ | +121.7% |
| 1975 | 647.98 million DOD, current US$ | +81.3% |
| 1976 | 949.77 million DOD, current US$ | +46.6% |
| 1977 | 1.05 billion DOD, current US$ | +10.9% |
| 1978 | 1.65 billion DOD, current US$ | +56.8% |
| 1979 | 2.40 billion DOD, current US$ | +45.6% |
| 1980 | 3.02 billion DOD, current US$ | +25.5% |
| 1981 | 4.38 billion DOD, current US$ | +45.3% |
| 1982 | 4.90 billion DOD, current US$ | +11.8% |
| 1983 | 5.93 billion DOD, current US$ | +21.0% |
| 1984 | 6.00 billion DOD, current US$ | +1.1% |
| 1985 | 6.72 billion DOD, current US$ | +12.1% |
| 1986 | 7.02 billion DOD, current US$ | +4.5% |
| 1987 | 7.56 billion DOD, current US$ | +7.7% |
| 1988 | 6.99 billion DOD, current US$ | -7.6% |
| 1989 | 6.37 billion DOD, current US$ | -8.8% |
| 1990 | 6.60 billion DOD, current US$ | +3.5% |
| 1991 | 6.59 billion DOD, current US$ | -0.1% |
| 1992 | 6.33 billion DOD, current US$ | -3.9% |
| 1993 | 7.00 billion DOD, current US$ | +10.6% |
| 1994 | 7.90 billion DOD, current US$ | +12.8% |
| 1995 | 8.65 billion DOD, current US$ | +9.6% |
| 1996 | 8.42 billion DOD, current US$ | -2.7% |
| 1997 | 7.37 billion DOD, current US$ | -12.5% |
| 1998 | 7.38 billion DOD, current US$ | +0.0% |
| 1999 | 9.21 billion DOD, current US$ | +24.8% |
| 2000 | 8.72 billion DOD, current US$ | -5.3% |
| 2001 | 8.24 billion DOD, current US$ | -5.6% |
| 2002 | 9.08 billion DOD, current US$ | +10.3% |
| 2003 | 9.51 billion DOD, current US$ | +4.7% |
| 2004 | 9.60 billion DOD, current US$ | +1.0% |
| 2005 | 8.12 billion DOD, current US$ | -15.4% |
| 2006 | 5.43 billion DOD, current US$ | -33.1% |
| 2007 | 5.75 billion DOD, current US$ | +5.8% |
| 2008 | 6.30 billion DOD, current US$ | +9.6% |
| 2009 | 20.01 billion DOD, current US$ | +217.5% |
| 2010 | 19.48 billion DOD, current US$ | -2.6% |
| 2011 | 20.74 billion DOD, current US$ | +6.5% |
| 2012 | 21.64 billion DOD, current US$ | +4.3% |
| 2013 | 21.93 billion DOD, current US$ | +1.3% |
| 2014 | 20.38 billion DOD, current US$ | -7.1% |
| 2015 | 19.40 billion DOD, current US$ | -4.8% |
| 2016 | 18.86 billion DOD, current US$ | -2.8% |
| 2017 | 20.58 billion DOD, current US$ | +9.1% |
| 2018 | 21.62 billion DOD, current US$ | +5.0% |
| 2019 | 22.95 billion DOD, current US$ | +6.2% |
| 2020 | 41.36 billion DOD, current US$ | +80.2% |
| 2021 | 68.62 billion DOD, current US$ | +65.9% |
| 2022 | 68.06 billion DOD, current US$ | -0.8% |
| 2023 | 71.04 billion DOD, current US$ | +4.4% |
| 2024 | 71.30 billion DOD, current US$ | +0.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 755.10 million DOD, current US$ | 89.29 million DOD, current US$ | 2.40 billion DOD, current US$ | 10 |
| 1980s | 5.89 billion DOD, current US$ | 3.02 billion DOD, current US$ | 7.56 billion DOD, current US$ | 10 |
| 1990s | 7.55 billion DOD, current US$ | 6.33 billion DOD, current US$ | 9.21 billion DOD, current US$ | 10 |
| 2000s | 9.08 billion DOD, current US$ | 5.43 billion DOD, current US$ | 20.01 billion DOD, current US$ | 10 |
| 2010s | 20.76 billion DOD, current US$ | 18.86 billion DOD, current US$ | 22.95 billion DOD, current US$ | 10 |
| 2020s | 64.07 billion DOD, current US$ | 41.36 billion DOD, current US$ | 71.30 billion DOD, current US$ | 5 |
Countries ranked near Sub-Saharan Africa (excluding high income)
- 3 Russian Federation 24.01 billion DOD, current US$ compare
- 4 India 21.58 billion DOD, current US$ compare
- 5 Ukraine 18.92 billion DOD, current US$ compare
- 6 Brazil 17.57 billion DOD, current US$ compare
- 7 Egypt 15.12 billion DOD, current US$ compare
- 8 Mexico 14.86 billion DOD, current US$ compare
- 9 Pakistan 12.32 billion DOD, current US$ compare
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 use of imf credit in Sub-Saharan Africa (excluding high income)?
- Use of imf credit in Sub-Saharan Africa (excluding high income) was 71.30 billion DOD, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest use of imf credit recorded in Sub-Saharan Africa (excluding high income)?
- The highest recorded value was 71.30 billion DOD, current US$ in 2024.
- What is the lowest use of imf credit recorded in Sub-Saharan Africa (excluding high income)?
- The lowest recorded value was 89.29 million DOD, current US$ in 1971.
- How does Sub-Saharan Africa (excluding high income) rank for use of imf credit?
- Sub-Saharan Africa (excluding high income) ranks 6th out of 12 groups with data for 2024.
- Is use of imf credit rising or falling in Sub-Saharan Africa (excluding high income)?
- Over the last ten years it is up 249.8%. 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 International Debt Statistics, World Bank (WB), published as part of Use of IMF credit (DOD, current US$). Statizoid updates them automatically from the source API.
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About this data
Use of IMF Credit: Data related to the operations of the IMF are provided by the IMF Treasurer’s Department. They are converted from special drawing rights into dollars using end-of-period exchange rates for stocks and average-over-the-period exchange rates for flows. IMF trust fund operations under the Enhanced Structural Adjustment Facility, Extended Fund Facility, Poverty Reduction and Growth Facility, and Structural Adjustment Facility (Enhanced Structural Adjustment Facility in 1999) are presented together with all of the IMF’s special facilities (buffer stock, supplemental reserve, compensatory and contingency facilities, oil facilities, and other facilities). SDR allocations are also included in this category. According to the BPM6, SDR allocations are recorded as the incurrence of a debt liability of the member receiving them (because of a requirement to repay the allocation in certain circumstances, and also because interest accrues). This debt item is introduced for the first time this year with historical data starting in 1999.