Heavily Indebted Countries

35 COUNTRIES ARE CLASSIFIED AS HEAVILY INDEBTED COUNTRIES

World Economics has combined 35 countries to represent the Heavily Indebted Countries group. Overall these countries account for 2% of Global GDP in 2023, and 3% of global GDP growth in the past 10 years (2012-2022).

The Heavily Indebted Countries are home to over 0.9 billion people with an average life expectancy of 62 years and a current median age of 18 against a global average of 30.



Economics




Heavily Indebed
Countries
Revised GDP PPP
Int$, Billions
CAGR
10 Year
Rate
%, 2012-2022
Share of
Global
GDP
%
Share of Global GDP Growth
%, 2012-2022
Revised GDP Per Capita
Int$
Government Debt to Revised GDP
%







Afghanistan 159.6 -1.3% 0.1% 0.0% 3,557 4.8%
Benin 95.8 6.0% 0.0% 0.1% 6,342 33.3%
Bolivia 222.2 1.8% 0.1% 0.1% 17,518 61.3%
Burkina Faso 112.1 4.7% 0.0% 0.1% 4,578 30.6%
Burundi 25.6 3.1% 0.0% 0.0% 1,747 25.0%
Cameroon 237.1 3.6% 0.1% 0.1% 7,773 23.7%
Central African Republic 12.2 2.4% 0.0% 0.0% 2,153 26.6%
Chad 85.4 2.7% 0.0% 0.0% 3,976 19.7%
Comoros 4.5 2.7% 0.0% 0.0% 5,015 23.3%
Congo, Dem. Rep 382.8 4.7% 0.2% 0.2% 3,300 7.5%
Congo, Rep. 77.2 -1.2% 0.0% 0.0% 11,679 47.7%
Cote d'Ivoire 390.4 6.0% 0.2% 0.3% 11,708 34.0%
Ethiopia 705.3 7.3% 0.3% 0.6% 5,102 25.5%
Gambia 16.1 4.9% 0.0% 0.0% 5,605 40.7%
Ghana 429.2 4.7% 0.2% 0.2% 12,078 34.2%
Guinea 113.9 6.4% 0.0% 0.1% 7,408 22.1%
Guinea-Bissau 10.6 4.8% 0.0% 0.0% 4,617 46.0%
Guyana 91.8 22.1% 0.0% 0.1% 109,745 21.9%
Haiti 50.8 -0.8% 0.0% 0.0% 4,243 6.4%
Honduras 113.1 3.2% 0.1% 0.1% 10,166 29.8%
Liberia 16.6 1.9% 0.0% 0.0% 2,845 34.1%
Madagascar 105.3 3.0% 0.0% 0.0% 3,158 27.5%
Malawi 57.5 2.9% 0.0% 0.0% 2,539 51.1%
Mali 122.1 4.1% 0.1% 0.1% 4,728 30.2%
Mauritania 55.8 4.0% 0.0% 0.0% 10,254 26.4%
Mozambique 91.4 3.0% 0.0% 0.0% 2,506 61.4%
Nicaragua 84.3 2.6% 0.0% 0.0% 11,945 27.4%
Niger 94.4 5.9% 0.0% 0.1% 3,290 24.5%
Rwanda 79.3 6.8% 0.0% 0.1% 5,348 50.3%
Senegal 154.2 5.6% 0.1% 0.1% 8,000 76.6%
Sierra Leone 47.1 3.4% 0.0% 0.0% 5,262 23.6%
Tanzania 451.4 5.4% 0.2% 0.3% 6,249 29.4%
Togo 48.3 5.1% 0.0% 0.0% 4,880 46.0%
Uganda 252.0 5.3% 0.1% 0.2% 4,799 34.2%
Zambia 152.0 3.7% 0.1% 0.1% 6,780 73.2%

Heavily Indebted Countries
Totals / Averages:
5,147.4 N/A 2.2% 2.9% 9,168* 33.7%*


World Economics revised GDP data removes serious errors in GDP measurement.
Revised GDP data can be used to analyse and compare country investment potential, but other hidden faults may still be present in source GDP data. Learn more...


Notes:
  • GDP data includes estimates for the Informal Economy, and updated Base Years, to improve the often imperfect quality of Heavily Indebted Countries data.
  • Debt-to-GDP ratio is total gross government debt as a proportion of revised GDP.
  • Data with an astrix (*) represents an average for all countries.
  • Offical GDP data quality is often poor in Emerging Market countries. See data quality for individual countries.







Demography




Emerging Market
Countries
Population
Data Quality
Grade
Total
Population
Millions
Life Expectancy
Years
Median
Age
Years
Statistical Capacity
0-100 Index
Age Dependency
Total






Afghanistan E 44.9 62 16.7 28.9 19.3
Benin D 15.1 60 17.5 53.9 21.0
Bolivia C 12.7 64 23.9 57.8 46.3
Burkina Faso D 24.5 59 16.6 48.0 23.8
Burundi E 14.7 62 15.6 41.4 15.6
Cameroon E 30.5 60 17.5 53.3 22.6
Central African Republic E 5.7 54 14.7 27.3 -1.9
Chad E 21.5 53 15.0 35.8 7.1
Comoros E 0.9 63 20.1 67.0 30.4
Congo, Dem. Rep E 116.0 59 15.6 31.5 4.2
Congo, Rep. E 6.6 64 18.2 24.2 25.9
Cote d'Ivoire D 33.3 59 17.6 57.0 25.3
Ethiopia E 138.2 65 18.5 40.6 27.9
Gambia E 2.9 62 16.8 54.1 26.2
Ghana D 35.5 64 20.4 63.6 36.3
Guinea E 15.4 59 17.7 39.6 22.4
Guinea-Bissau E 2.3 60 18.3 35.1 30.1
Guyana C 0.8 66 25.5 43.5 44.0
Haiti E 12.0 63 23.0 28.3 45.6
Honduras E 11.1 70 23.4 43.4 47.1
Liberia E 5.8 61 17.9 43.8 27.6
Madagascar E 33.4 65 19.0 38.2 27.1
Malawi D 22.7 63 16.8 48.9 27.1
Mali E 25.8 59 15.1 52.5 8.5
Mauritania E 5.4 64 17.6 34.6 17.1
Mozambique E 36.5 59 16.8 48.5 12.9
Nicaragua D 7.1 74 24.5 47.6 49.1
Niger E 28.7 62 14.5 53.8 5.9
Rwanda C 14.8 66 19.0 60.0 31.1
Senegal D 19.3 67 17.8 67.0 30.5
Sierra Leone D 9.0 60 18.8 41.2 31.8
Tanzania D 72.2 66 16.8 61.8 17.6
Togo E 9.9 62 18.7 52.2 27.3
Uganda E 52.5 63 15.9 59.3 18.4
Zambia D 22.4 61 16.9 41.9 25.9

Heavily Indebted Countries
Totals / Averages:
N/A 910.0 62* 18.2* 46.4* 25.1*


Notes:
  • Data with an astrix (*) represents an average for all countries.
  • Statistical Capacity Index numbers shown on a scale of 0-100.
    0 = Low level of resources, 100 = High level of resources.


Key:
Data Quality Grade definitions:
         A: As good as it gets;
         B: Use with caution;
         C: Unreliable for many purposes
         D: Extremely poor quality.








Environmental, Social and Governance




Emerging Market
Countries:
Carbon Emissions
Total MTCo2e
Methane Emissions
Total MTCo2e
Population in Poverty
% of Pop
Years of Schooling
Years
Rule
of Law
0-100 Index
Corruption Levels
0-100 Index






Afghanistan 11.9 16.7 0% 3 5.0 16
Benin 7.8 4.1 19% 4 35.0 45
Bolivia 23.3 31.2 4% 10 16.3 28
Burkina Faso 5.7 15.9 34% 2 28.8 40
Burundi 0.7 1.3 73% 3 15.4 17
Cameroon 9.3 19.1 26% 6 21.0 26
Central African Republic 0.2 20.3 0% 4 2.1 24
Chad 1.9 61.7 33% 3 12.7 22
Comoros 0.3 0.2 19% 5 13.1 20
Congo, Dem. Rep 2.6 51.7 77% 7 4.4 20
Congo, Rep. 7.5 10.5 40% 6 21.5 23
Cote d'Ivoire 11.7 8.1 9% 5 36.2 43
Ethiopia 17.8 97.8 31% 3 30.7 38
Gambia 0.7 1.4 10% 5 38.5 37
Ghana 21.3 12.4 13% 8 45.7 43
Guinea 4.8 17.3 23% 2 19.0 26
Guinea-Bissau 0.4 1.4 25% 4 10.6 21
Guyana 3.1 1.9 0% 9 39.3 40
Haiti 2.9 5.3 25% 6 12.5 16
Honduras 10.9 8.4 15% 7 19.5 22
Liberia 1.2 0.4 44% 5 21.2 28
Madagascar 4.3 19.9 79% 5 22.7 25
Malawi 1.5 4.7 74% 5 44.2 34
Mali 4.2 23.8 16% 2 22.6 28
Mauritania 4.1 7.1 6% 5 31.5 30
Mozambique 7.1 25.1 64% 3 21.4 21
Nicaragua 5.1 9.8 3% 7 14.7 14
Niger 2.7 29.7 41% 2 29.7 31
Rwanda 1.8 2.8 57% 13 53.7 58
Senegal 13.6 12.2 8% 11 41.1 46
Sierra Leone 1.3 3.7 43% 11 26.4 34
Tanzania 13.0 51.0 49% 6 38.5 40
Togo 2.3 3.1 24% 5 34.5 32
Uganda 5.8 21.7 41% 6 35.8 25
Zambia 7.7 26.5 59% 7 34.4 37

Heavily Indebted Countries
Totals/Averages:
220.5 628.2 N/A 6* 25.7* 30*


Notes:
  • Data with an astrix (*) represents an average for all countries.
  • Index numbers shown on a scale of 0-100.
    Rule of Law: 0 = low rule of law, 100 = High rule of law.
    Corruption Perceptions Index: 0 = High levels of corruption, 100 = Low levels of corruption.
  • Total Carbon and Methane data expressed in MTCo2e (Million Metric Tons of CO2 equivalent)
  • Data with an astrix (*) represents an average for all countries.



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