Mozambique's external debt corresponded to 135.7 percent of the country's gross national income (GNI) in 2019. This was the highest external debt to income ratio in Sub-Saharan Africa. Zambia and Cabo Verde, followed with ratios of 119 percent and 94 percent, respectively. Overall, external debt in Sub-Saharan Africa has been increasing. In 2019, the foreign debt burden in the region accumulated to 625 million U.S. dollars.
External debt stock to gross national income (GNI) in Sub-Saharan Africa as of 2019, by country
Figures were rounded.
No data available for Equatorial Guinea, Eritrea, Mauritius, Namibia, Seychelles, Somalia, and South Sudan.
According to the source, "total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt. Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt."
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World Bank. (February 17, 2021). External debt stock to gross national income (GNI) in Sub-Saharan Africa as of 2019, by country [Graph]. In Statista. Retrieved November 23, 2024, from https://www.statista.com/statistics/1224183/external-debt-to-income-ratio-in-sub-saharan-africa-by-country/
World Bank. "External debt stock to gross national income (GNI) in Sub-Saharan Africa as of 2019, by country." Chart. February 17, 2021. Statista. Accessed November 23, 2024. https://www.statista.com/statistics/1224183/external-debt-to-income-ratio-in-sub-saharan-africa-by-country/
World Bank. (2021). External debt stock to gross national income (GNI) in Sub-Saharan Africa as of 2019, by country. Statista. Statista Inc.. Accessed: November 23, 2024. https://www.statista.com/statistics/1224183/external-debt-to-income-ratio-in-sub-saharan-africa-by-country/
World Bank. "External Debt Stock to Gross National Income (Gni) in Sub-saharan Africa as of 2019, by Country." Statista, Statista Inc., 17 Feb 2021, https://www.statista.com/statistics/1224183/external-debt-to-income-ratio-in-sub-saharan-africa-by-country/
World Bank, External debt stock to gross national income (GNI) in Sub-Saharan Africa as of 2019, by country Statista, https://www.statista.com/statistics/1224183/external-debt-to-income-ratio-in-sub-saharan-africa-by-country/ (last visited November 23, 2024)
External debt stock to gross national income (GNI) in Sub-Saharan Africa as of 2019, by country [Graph], World Bank, February 17, 2021. [Online]. Available: https://www.statista.com/statistics/1224183/external-debt-to-income-ratio-in-sub-saharan-africa-by-country/
