The Russia-Ukraine war affected economic growth and government finances in North Africa. According to projections, the government debt as a share of GDP declined in Algeria, Egypt, Morocco, and Tunisia in 2022 considering the long-conflict scenario, with the war continuing after June 2022. For instance, Morocco's public debt reached 80.7 percent of the GDP in 2022, compared to a baseline scenario of 82.3 percent, which would have occurred in the absence of the war.
Impact of the Russia-Ukraine war on the government debt as a share of GDP in North Africa in 2022, by country
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ESCWA. (July 12, 2022). Impact of the Russia-Ukraine war on the government debt as a share of GDP in North Africa in 2022, by country [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1322465/impact-of-the-russia-ukraine-war-on-public-debt-in-north-africa-by-country/
ESCWA. "Impact of the Russia-Ukraine war on the government debt as a share of GDP in North Africa in 2022, by country." Chart. July 12, 2022. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1322465/impact-of-the-russia-ukraine-war-on-public-debt-in-north-africa-by-country/
ESCWA. (2022). Impact of the Russia-Ukraine war on the government debt as a share of GDP in North Africa in 2022, by country. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1322465/impact-of-the-russia-ukraine-war-on-public-debt-in-north-africa-by-country/
ESCWA. "Impact of The Russia-ukraine War on The Government Debt as a Share of Gdp in North Africa in 2022, by Country." Statista, Statista Inc., 12 Jul 2022, https://www.statista.com/statistics/1322465/impact-of-the-russia-ukraine-war-on-public-debt-in-north-africa-by-country/
ESCWA, Impact of the Russia-Ukraine war on the government debt as a share of GDP in North Africa in 2022, by country Statista, https://www.statista.com/statistics/1322465/impact-of-the-russia-ukraine-war-on-public-debt-in-north-africa-by-country/ (last visited December 22, 2024)
Impact of the Russia-Ukraine war on the government debt as a share of GDP in North Africa in 2022, by country [Graph], ESCWA, July 12, 2022. [Online]. Available: https://www.statista.com/statistics/1322465/impact-of-the-russia-ukraine-war-on-public-debt-in-north-africa-by-country/