External debt stocks, long-term (DOD, current US$) - Country Ranking - Africa

Definition: Long-term debt is debt that has an original or extended maturity of more than one year. It has three components: public, publicly guaranteed, and private nonguaranteed debt. Data are in current U.S. dollars.

Source: World Bank, International Debt Statistics.

See also: Thematic map, Time series comparison

Find indicator:
Rank Country Value Year
1 South Africa $136,013,000,000.00 2020
2 Egypt $99,258,880,000.00 2020
3 Nigeria $64,622,400,000.00 2020
4 Angola $57,917,690,000.00 2020
5 Morocco $53,630,260,000.00 2020
6 Kenya $34,509,430,000.00 2020
7 Ethiopia $29,015,500,000.00 2020
8 Zambia $28,690,070,000.00 2020
9 Tunisia $27,582,200,000.00 2020
10 Ghana $23,574,960,000.00 2020
11 Tanzania $22,110,290,000.00 2020
12 Côte d'Ivoire $20,966,630,000.00 2020
13 Mozambique $18,415,140,000.00 2020
14 Sudan $16,584,380,000.00 2020
15 Senegal $16,549,590,000.00 2020
16 Uganda $15,246,380,000.00 2020
17 Cameroon $12,226,120,000.00 2020
18 Mauritius $12,142,860,000.00 2020
19 Zimbabwe $8,401,460,000.00 2020
20 Rwanda $7,294,989,000.00 2020
21 Gabon $6,477,766,000.00 2020
22 Mali $5,317,217,000.00 2020
23 Congo $4,809,157,000.00 2020
24 Dem. Rep. Congo $4,495,568,000.00 2020
25 Benin $4,405,259,000.00 2020
26 Mauritania $4,210,583,000.00 2020
27 Niger $4,031,228,000.00 2020
28 Burkina Faso $4,028,403,000.00 2020
29 Madagascar $3,643,676,000.00 2020
30 Guinea $3,363,345,000.00 2020
31 Chad $2,945,250,000.00 2020
32 Somalia $2,638,568,000.00 2020
33 Djibouti $2,353,517,000.00 2020
34 Malawi $2,236,955,000.00 2020
35 Cabo Verde $2,022,446,000.00 2020
36 Togo $1,766,858,000.00 2020
37 Algeria $1,668,967,000.00 2020
38 Botswana $1,296,945,000.00 2020
39 Sierra Leone $1,278,434,000.00 2020
40 Liberia $1,007,694,000.00 2020
41 Lesotho $930,780,500.00 2020
42 Eritrea $729,400,200.00 2020
43 Guinea-Bissau $708,829,400.00 2020
44 The Gambia $646,596,400.00 2020
45 Eswatini $557,095,900.00 2020
46 Burundi $493,346,700.00 2020
47 Central African Republic $447,466,200.00 2020
48 Comoros $258,028,400.00 2020
49 São Tomé and Principe $240,879,300.00 2020

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Development Relevance: External indebtedness affects a country's creditworthiness and investor perceptions. Nonreporting countries might have outstanding debt with the World Bank, other international financial institutions, or private creditors. Total debt service is contrasted with countries' ability to obtain foreign exchange through exports of goods, services, primary income, and workers' remittances. Debt ratios are used to assess the sustainability of a country's debt service obligations, but no absolute rules determine what values are too high. Empirical analysis of developing countries' experience and debt service performance shows that debt service difficulties become increasingly likely when the present value of debt reaches 200 percent of exports. Still, what constitutes a sustainable debt burden varies by country. Countries with fast-growing economies and exports are likely to be able to sustain higher debt levels.

Statistical Concept and Methodology: Data on external debt are gathered through the World Bank's Debtor Reporting System (DRS). Long term debt data are compiled using the countries report on public and publicly guaranteed borrowing on a loan-by-loan basis and private non guaranteed borrowing on an aggregate basis. These data are supplemented by information from major multilateral banks and official lending agencies in major creditor countries. Short-term debt data are gathered from the Quarterly External Debt Statistics (QEDS) database, jointly developed by the World Bank and the IMF and from creditors through the reporting systems of the Bank for International Settlements. Debt data are reported in the currency of repayment and compiled and published in U.S. dollars. End-of-period exchange rates are used for the compilation of stock figures (amount of debt outstanding), and projected debt service and annual average exchange rates are used for the flows. Exchange rates are taken from the IMF's International Financial Statistics. Debt repayable in multiple currencies, goods, or services and debt with a provision for maintenance of the value of the currency of repayment are shown at book value.

Aggregation method: Sum

Periodicity: Annual