Net long-term borrowing in Africa

Africa: Net long-term borrowing was 496.17 million BoP, current US$ in 2011. ◆ Volatile

Latest (2011)
496.17 million BoP, current US$
Change on year
up 134.7%
Rank
2nd
of 6 groups
All-time high
496.17 million BoP, current US$
in 2011
All-time low
-2.25 billion BoP, current US$
in 2007
Years of data
52
1960–2011

Net long-term borrowing in Africa, 1960–2011

-2.0B-1.0B0196019852011

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files. Measured in BoP, current US$.

Analysis

In 2011, net long-term borrowing in Africa stood at 496.17 million BoP, current US$. That is the highest value across all 52 years on record.

The figure is up 134.7% on the previous year and up 169.0% over ten years.

Over the whole period, net long-term borrowing in Africa peaked at 496.17 million BoP, current US$ in 2011 and was at its lowest, -2.25 billion BoP, current US$, in 2007.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1960s 0 BoP, current US$ 0 BoP, current US$ 0 BoP, current US$ 10
1970s -185.16 million BoP, current US$ -801.04 million BoP, current US$ 0 BoP, current US$ 10
1980s -397.34 million BoP, current US$ -1.21 billion BoP, current US$ 65.25 million BoP, current US$ 10
1990s -365.47 million BoP, current US$ -1.36 billion BoP, current US$ 119.54 million BoP, current US$ 10
2000s -962.88 million BoP, current US$ -2.25 billion BoP, current US$ -178.68 million BoP, current US$ 10
2010s -466.96 million BoP, current US$ -1.43 billion BoP, current US$ 496.17 million BoP, current US$ 2

Countries ranked near Africa

  1. 1 Libya 642.00 million BoP, current US$ compare
  2. 2 Algeria 136.38 million BoP, current US$ compare
  3. 3 South Africa 54.46 million BoP, current US$ compare
  4. 4 Cape Verde 15.22 million BoP, current US$ compare
  5. 5 Mozambique 3.61 million BoP, current US$ compare

See the full ranking of 60 places →

More trade data for Africa

All data for Africa →

Frequently asked questions

What is net long-term borrowing in Africa?
Net long-term borrowing in Africa was 496.17 million BoP, current US$ in 2011, according to International Monetary Fund, Balance of Payments Statistics Yearbook and data files.
What is the highest net long-term borrowing recorded in Africa?
The highest recorded value was 496.17 million BoP, current US$ in 2011.
What is the lowest net long-term borrowing recorded in Africa?
The lowest recorded value was -2.25 billion BoP, current US$ in 2007.
How does Africa rank for net long-term borrowing?
Africa ranks 2nd out of 6 groups with data for 2011.
Is net long-term borrowing rising or falling in Africa?
Over the last ten years it is up 169.0%. The long-run trend across the full record is volatile.
Where does this Africa data come from?
The figures come from International Monetary Fund, Balance of Payments Statistics Yearbook and data files, published as part of Net long-term borrowing (BoP, current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Net long-term borrowing (BoP, current US$)
Unit
BoP, current US$
Source
International Monetary Fund, Balance of Payments Statistics Yearbook and data files
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
60 places, 3,120 data points, 1960–2011
Last refreshed

Net long-term borrowing includes external debt disbursements less repayments due, plus other net long-term inflows. Data are in current U.S. dollars.