Debt outstanding to commercial banks in Africa 2020-2021

Published by
Doris Dokua Sasu,
Sep 29, 2022
As of 2021, Africa's total debt outstanding to commercial banks reached approximately 103.8 billion U.S. dollars. This exhibited an increase in loans owed to commercial banks, as the continent registered an amount of nearly 93 billion U.S. dollars in debt outstanding in the previous year.

Debt outstanding to commercial banks in Africa in 2020 and 2021 (in million U.S. dollars)

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Sources

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Release date

June 2020

Region

Africa

Survey time period

2020 and 2021

Special properties

current value at year-end; debtor based

Supplementary notes

Figures have been rounded to provide a better understanding of the data.

The source explains that debt outstanding "indicates total loans disbursed less amounts repaid, cancelled or converted to grants at the end of the year. It concerns only debt due to commercial banks."

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