External debt stock in Sub-Saharan Africa 2016-2020

Published by
Saifaddin Galal,
Jan 31, 2024
As of 2020, the total external debt in Sub-Saharan Africa reached 702 billion U.S. dollars, increasing some 5.5 percent in comparison to the previous year. Overall, the foreign debt load has been increasing in Sub-Saharan African economies. In 2016, external debt stock in the region was measured at 492 billion U.S. dollars.

Total external debt stock in Sub-Saharan Africa from 2016 to 2020 (in billion U.S. dollars)

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Source

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Release date

October 2021

Region

Africa

Survey time period

2016 to 2020

Supplementary notes

According to the source, total external debt represents the sum of long-term external debt, short-term debt, and IMF credit. It represents the total debt owed to nonresident creditors and is repayable in both foreign and domestic currency.

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