As of 2019, the external debt to gross national income (GNI) ratio in Sub-Saharan Africa was at 38 percent. The indicator has been increasing from 28 percent in 2015. In terms of value, the stock of external debt in the region reached 625 billion U.S. dollars in 2019.
External debt stock as a percentage of gross national income (GNI) in Sub-Saharan Africa from 2015 to 2019
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 12, 2020). External debt stock as a percentage of gross national income (GNI) in Sub-Saharan Africa from 2015 to 2019 [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/statistics/1224144/external-debt-to-income-ratio-in-sub-saharan-africa/
World Bank. "External debt stock as a percentage of gross national income (GNI) in Sub-Saharan Africa from 2015 to 2019." Chart. October 12, 2020. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/1224144/external-debt-to-income-ratio-in-sub-saharan-africa/
World Bank. (2020). External debt stock as a percentage of gross national income (GNI) in Sub-Saharan Africa from 2015 to 2019. Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/statistics/1224144/external-debt-to-income-ratio-in-sub-saharan-africa/
World Bank. "External Debt Stock as a Percentage of Gross National Income (Gni) in Sub-saharan Africa from 2015 to 2019." Statista, Statista Inc., 12 Oct 2020, https://www.statista.com/statistics/1224144/external-debt-to-income-ratio-in-sub-saharan-africa/
World Bank, External debt stock as a percentage of gross national income (GNI) in Sub-Saharan Africa from 2015 to 2019 Statista, https://www.statista.com/statistics/1224144/external-debt-to-income-ratio-in-sub-saharan-africa/ (last visited December 30, 2024)
External debt stock as a percentage of gross national income (GNI) in Sub-Saharan Africa from 2015 to 2019 [Graph], World Bank, October 12, 2020. [Online]. Available: https://www.statista.com/statistics/1224144/external-debt-to-income-ratio-in-sub-saharan-africa/
