Whereas the mix of creditors of external public debt to African countries was quite evenly divided, the majority of creditors in Asia and Oceania as well as Latin America and the Caribbean were private. An overreliance on private creditors can pose challenges as countries need to negotiate terms with a broad range of individual creditors. Moreover, private creditors tend to be more safety averse, pulling out funds in times of crises, i.e., during times when funds are most needed.
Share of external public debt in Africa, Latin America and the Caribbean, and Asia and Oceania in 2022, by type of creditor
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UNCTAD. (June 11, 2024). Share of external public debt in Africa, Latin America and the Caribbean, and Asia and Oceania in 2022, by type of creditor [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1478761/debt-creditors-regions-world/
UNCTAD. "Share of external public debt in Africa, Latin America and the Caribbean, and Asia and Oceania in 2022, by type of creditor." Chart. June 11, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1478761/debt-creditors-regions-world/
UNCTAD. (2024). Share of external public debt in Africa, Latin America and the Caribbean, and Asia and Oceania in 2022, by type of creditor. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1478761/debt-creditors-regions-world/
UNCTAD. "Share of External Public Debt in Africa, Latin America and The Caribbean, and Asia and Oceania in 2022, by Type of Creditor." Statista, Statista Inc., 11 Jun 2024, https://www.statista.com/statistics/1478761/debt-creditors-regions-world/
UNCTAD, Share of external public debt in Africa, Latin America and the Caribbean, and Asia and Oceania in 2022, by type of creditor Statista, https://www.statista.com/statistics/1478761/debt-creditors-regions-world/ (last visited November 21, 2024)
Share of external public debt in Africa, Latin America and the Caribbean, and Asia and Oceania in 2022, by type of creditor [Graph], UNCTAD, June 11, 2024. [Online]. Available: https://www.statista.com/statistics/1478761/debt-creditors-regions-world/
