The six African countries with highest debt to GDP ratios

Sudan, Cabo Verde, Mozambique, Republic of the Congo, and Egypt have been listed as countries with the highest debt to GDP ratio in the African continent.

This came in a report by Yahoo Finance which listed 30 countries with the highest debt to GDP ratio. The report noted that Emerging economies and low-income economies are the most affected by debt vulnerabilities.

Sudan was ranked the second most indebted nation globally with a GDP of 117.09 billion dollars and a debt-to-GDP ratio of 238.8.

The small island nation of Cabo Verde was the 12th globally with a debt to GDP ratio of 109.7 and a GDP of only 6.1 billion dollars.

In the 21st rank, Mozambique had a debt-to-GDP ratio of 92.4, with the country’s GDP at 57.65 billion dollars.

The republic of the Congo took the 24th place with a debt to GDP ratio of 91 and a GDP of 29.9 billion dollars.

Egypt, one of the largest African economies, came 27th with a debt to GDP ratio of 88.1 and a GDP of 1.92 trillion dollars.