According to estimates, the general government debt in Eritrea amounted to nearly 164 percent of the country's Gross Domestic Product (GDP) in 2022. This was the highest debt-to-GDP ratio measured in Sub-Saharan Africa. Cabo Verde and Mozambique followed. In these countries, the national debt was estimated at 127 percent and 104 percent of GDP, respectively. The figures included debts of the state, communities, municipalities, and social insurances.
General government gross debt in relation to Gross Domestic Product (GDP) in Sub-Saharan Africa as of 2022, by country
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General government gross debt in relation to Gross Domestic Product (GDP) in Sub-Saharan Africa as of 2022, by country
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IMF. (August 18, 2023). General government gross debt in relation to Gross Domestic Product (GDP) in Sub-Saharan Africa as of 2022, by country [Graph]. In Statista. Retrieved April 08, 2025, from https://www.statista.com/statistics/1223393/national-debt-in-relation-to-gdp-in-sub-saharan-africa-by-country/
IMF. "General government gross debt in relation to Gross Domestic Product (GDP) in Sub-Saharan Africa as of 2022, by country." Chart. August 18, 2023. Statista. Accessed April 08, 2025. https://www.statista.com/statistics/1223393/national-debt-in-relation-to-gdp-in-sub-saharan-africa-by-country/
IMF. (2023). General government gross debt in relation to Gross Domestic Product (GDP) in Sub-Saharan Africa as of 2022, by country. Statista. Statista Inc.. Accessed: April 08, 2025. https://www.statista.com/statistics/1223393/national-debt-in-relation-to-gdp-in-sub-saharan-africa-by-country/
IMF. "General Government Gross Debt in Relation to Gross Domestic Product (Gdp) in Sub-saharan Africa as of 2022, by Country." Statista, Statista Inc., 18 Aug 2023, https://www.statista.com/statistics/1223393/national-debt-in-relation-to-gdp-in-sub-saharan-africa-by-country/
IMF, General government gross debt in relation to Gross Domestic Product (GDP) in Sub-Saharan Africa as of 2022, by country Statista, https://www.statista.com/statistics/1223393/national-debt-in-relation-to-gdp-in-sub-saharan-africa-by-country/ (last visited April 08, 2025)
General government gross debt in relation to Gross Domestic Product (GDP) in Sub-Saharan Africa as of 2022, by country [Graph], IMF, August 18, 2023. [Online]. Available: https://www.statista.com/statistics/1223393/national-debt-in-relation-to-gdp-in-sub-saharan-africa-by-country/
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