As of 2020, the total external debt in Sub-Saharan Africa reached 702 billion U.S. dollars, increasing some 5.5 percent in comparison to the previous year. Overall, the foreign debt load has been increasing in Sub-Saharan African economies. In 2016, external debt stock in the region was measured at 492 billion U.S. dollars.
Total external debt stock in Sub-Saharan Africa from 2016 to 2020
(in billion U.S. dollars)
According to the source, total external debt represents the sum of long-term external debt, short-term debt, and IMF credit. It represents the total debt owed to nonresident
creditors and is repayable in both foreign and domestic currency.
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World Bank. (October 11, 2021). Total external debt stock in Sub-Saharan Africa from 2016 to 2020 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 15, 2024, from https://www.statista.com/statistics/1224102/external-debt-stock-in-sub-saharan-africa/
World Bank. "Total external debt stock in Sub-Saharan Africa from 2016 to 2020 (in billion U.S. dollars)." Chart. October 11, 2021. Statista. Accessed November 15, 2024. https://www.statista.com/statistics/1224102/external-debt-stock-in-sub-saharan-africa/
World Bank. (2021). Total external debt stock in Sub-Saharan Africa from 2016 to 2020 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 15, 2024. https://www.statista.com/statistics/1224102/external-debt-stock-in-sub-saharan-africa/
World Bank. "Total External Debt Stock in Sub-saharan Africa from 2016 to 2020 (in Billion U.S. Dollars)." Statista, Statista Inc., 11 Oct 2021, https://www.statista.com/statistics/1224102/external-debt-stock-in-sub-saharan-africa/
World Bank, Total external debt stock in Sub-Saharan Africa from 2016 to 2020 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1224102/external-debt-stock-in-sub-saharan-africa/ (last visited November 15, 2024)
Total external debt stock in Sub-Saharan Africa from 2016 to 2020 (in billion U.S. dollars) [Graph], World Bank, October 11, 2021. [Online]. Available: https://www.statista.com/statistics/1224102/external-debt-stock-in-sub-saharan-africa/
