Debt service as a proportion of exports of goods, services and in Africa
Africa: Debt service as a proportion of exports of goods, services and was 10.9% in 2023. ▲ Rising
Latest (2023)
10.9%
Change on year
up 17.5%
Rank
5th
of 17 groups
All-time high
12.1%
in 2020
All-time low
3.0%
in 2011
Years of data
24
2000–2023
Debt service as a proportion of exports of goods, services and in Africa, 2000–2023
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2023, debt service as a proportion of exports of goods, services and in Africa stood at 10.9%.
That represents a change of up 17.5% on the previous year and up 141.2% over ten years.
Over the whole period, debt service as a proportion of exports of goods, services and in Africa peaked at 12.1% in 2020 and was at its lowest, 3.0%, in 2011.
The long-run direction has been consistently rising across the 24 years of available data.
Debt service as a proportion of exports of goods, services and in Africa, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 11.1% | — |
| 2001 | 11.7% | +5.7% |
| 2002 | 10.0% | -14.8% |
| 2003 | 9.5% | -4.8% |
| 2004 | 7.2% | -24.1% |
| 2005 | 9.2% | +27.8% |
| 2006 | 9.8% | +6.1% |
| 2007 | 4.3% | -55.6% |
| 2008 | 3.6% | -17.6% |
| 2009 | 4.2% | +18.3% |
| 2010 | 3.1% | -26.9% |
| 2011 | 3.0% | -1.5% |
| 2012 | 3.6% | +17.9% |
| 2013 | 4.5% | +26.3% |
| 2014 | 4.9% | +8.8% |
| 2015 | 8.3% | +67.2% |
| 2016 | 8.2% | -0.6% |
| 2017 | 7.5% | -9.1% |
| 2018 | 9.5% | +27.4% |
| 2019 | 9.3% | -1.9% |
| 2020 | 12.1% | +29.9% |
| 2021 | 11.6% | -4.6% |
| 2022 | 9.3% | -19.4% |
| 2023 | 10.9% | +17.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8.1% | 3.6% | 11.7% | 10 |
| 2010s | 6.2% | 3.0% | 9.5% | 10 |
| 2020s | 11.0% | 9.3% | 12.1% | 4 |
Countries ranked near Africa
More economy & growth data for Africa
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.96 Percent per annum (2028)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.26 Percent per annum (2028)
- Gross Domestic Product, GDP in millions constant 2021 international $ 10.08 million (2027)
- Gross Domestic Product — Value US$ 3.10 million million USD (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 2.89 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 7.84 % (2024)
- Gross Domestic Product — Annual growth US$ 10.34 % (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 2,011 USD (2024)
- Gross Fixed Capital Formation Deflator — Value US$, 2015 prices 88.82 USD (2024)
- GDP Deflator — Value US$, 2015 prices 101.78 USD (2024)
Frequently asked questions
- What is debt service as a proportion of exports of goods, services and in Africa?
- Debt service as a proportion of exports of goods, services and in Africa was 10.9% in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest debt service as a proportion of exports of goods, services and recorded in Africa?
- The highest recorded value was 12.1% in 2020.
- What is the lowest debt service as a proportion of exports of goods, services and recorded in Africa?
- The lowest recorded value was 3.0% in 2011.
- How does Africa rank for debt service as a proportion of exports of goods, services and?
- Africa ranks 5th out of 17 groups with data for 2023.
- Is debt service as a proportion of exports of goods, services and rising or falling in Africa?
- Over the last ten years it is up 141.2%. The long-run trend across the full record is rising.
- Where does this Africa data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Debt service as a proportion of exports of goods, services and primary income (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under UN SDG Global Database (open, attribution requested).