The average bond yield ratio of African countries is significantly higher than that of other developing regions and developed countries such as Germany and the United States. In other words, the borrowing costs of African countries are significantly higher than that of countries in Latin America and the Caribbean, and in Asia and the Pacific.
Bond yield ratio of Africa, Latin America and the Caribbean, Asia and Oceania, the United States, and Germany from January 2020 to May 2024
The source adds the following information: 'Comparison of the average JPM EMBI Global Diversified USD bond yields per region with the 10-year bond yields of Germany and the United States from January 2020 to May 2024.'
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UNCTAD. (June 11, 2024). Bond yield ratio of Africa, Latin America and the Caribbean, Asia and Oceania, the United States, and Germany from January 2020 to May 2024 [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/statistics/1473161/borrowing-costs-selected-countries-regions-world/
UNCTAD. "Bond yield ratio of Africa, Latin America and the Caribbean, Asia and Oceania, the United States, and Germany from January 2020 to May 2024." Chart. June 11, 2024. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/1473161/borrowing-costs-selected-countries-regions-world/
UNCTAD. (2024). Bond yield ratio of Africa, Latin America and the Caribbean, Asia and Oceania, the United States, and Germany from January 2020 to May 2024. Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/statistics/1473161/borrowing-costs-selected-countries-regions-world/
UNCTAD. "Bond Yield Ratio of Africa, Latin America and The Caribbean, Asia and Oceania, The United States, and Germany from January 2020 to May 2024." Statista, Statista Inc., 11 Jun 2024, https://www.statista.com/statistics/1473161/borrowing-costs-selected-countries-regions-world/
UNCTAD, Bond yield ratio of Africa, Latin America and the Caribbean, Asia and Oceania, the United States, and Germany from January 2020 to May 2024 Statista, https://www.statista.com/statistics/1473161/borrowing-costs-selected-countries-regions-world/ (last visited December 30, 2024)
Bond yield ratio of Africa, Latin America and the Caribbean, Asia and Oceania, the United States, and Germany from January 2020 to May 2024 [Graph], UNCTAD, June 11, 2024. [Online]. Available: https://www.statista.com/statistics/1473161/borrowing-costs-selected-countries-regions-world/