In 2020, the total general government gross debt in Africa was estimated to represent around 64 percent of the continent's Gross Domestic Product (GDP). This was the highest share reached since 2000. According to the source, factors such as high debt yields and macroeconomic management among leading debt markets in Africa have gained the confidence of investors.
Total general government gross debt as a share of Gross Domestic Product (GDP) in Africa from 2000 to 2020
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AUC. (February 19, 2021). Total general government gross debt as a share of Gross Domestic Product (GDP) in Africa from 2000 to 2020 [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1287207/total-national-debt-in-relation-to-gdp-in-africa/
AUC. "Total general government gross debt as a share of Gross Domestic Product (GDP) in Africa from 2000 to 2020." Chart. February 19, 2021. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1287207/total-national-debt-in-relation-to-gdp-in-africa/
AUC. (2021). Total general government gross debt as a share of Gross Domestic Product (GDP) in Africa from 2000 to 2020. Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1287207/total-national-debt-in-relation-to-gdp-in-africa/
AUC. "Total General Government Gross Debt as a Share of Gross Domestic Product (Gdp) in Africa from 2000 to 2020." Statista, Statista Inc., 19 Feb 2021, https://www.statista.com/statistics/1287207/total-national-debt-in-relation-to-gdp-in-africa/
AUC, Total general government gross debt as a share of Gross Domestic Product (GDP) in Africa from 2000 to 2020 Statista, https://www.statista.com/statistics/1287207/total-national-debt-in-relation-to-gdp-in-africa/ (last visited August 24, 2024)
Total general government gross debt as a share of Gross Domestic Product (GDP) in Africa from 2000 to 2020 [Graph], AUC, February 19, 2021. [Online]. Available: https://www.statista.com/statistics/1287207/total-national-debt-in-relation-to-gdp-in-africa/
