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Thursday 17 June 2021
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Tunisia 8th most indebted country in Africa

Tunisia is one of the 10 most indebted countries on the African continent. Indeed, Tunisia’s total public debt accounted for 71.6% of the Gross Domestic Product (GDP) in 2018.

Tunisia ranked 8th in Africa, according to the latest data published by the International Monetary Fund (IMF) and the World Bank (WB).

Sudan has the highest debt burden with a public debt of 164.4% of GDP in 2018. Mozambique (145%) follows suit, as do Djibouti (104%), Seychelles (99.6%), Cape Verde (83%), Mauritius (81.6%) and Mauritania (70%).

Tunisia (71.6%) is among the top 10 most indebted African countries, followed by Zambia and Sao Tomé-et-Principe (66.5%).

The least indebted African countries are Algeria (2.1%), Nigeria (14.9%), the Democratic Republic of Congo (20.1%) and Mali (23%).

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