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 182.9 -0.9% 0.1% 0.0% 4,171 4.0%
Benin 89.8 7.3% 0.0% 0.1% 6,064 34.8%
Bolivia 217.3 2.9% 0.1% 0.1% 17,267 53.0%
Burkina Faso 97.8 6.2% 0.0% 0.1% 4,061 32.9%
Burundi 21.7 1.0% 0.0% 0.0% 1,509 19.5%
Cameroon 223.0 5.0% 0.1% 0.1% 7,464 26.9%
Central African Republic 11.8 2.9% 0.0% 0.0% 2,137 30.2%
Chad 64.7 0.7% 0.0% 0.0% 3,080 18.2%
Comoros 4.5 2.8% 0.0% 0.0% 5,043 23.4%
Congo, Dem. Rep 317.2 6.8% 0.1% 0.2% 2,811 8.6%
Congo, Rep. 79.1 -0.9% 0.0% 0.0% 12,194 48.0%
Cote d'Ivoire 360.4 9.4% 0.2% 0.3% 11,019 36.8%
Ethiopia 622.0 11.6% 0.3% 0.5% 4,592 27.2%
Gambia 15.0 5.8% 0.0% 0.0% 5,304 39.6%
Ghana 396.1 5.5% 0.2% 0.2% 11,296 40.9%
Guinea 102.5 8.6% 0.0% 0.1% 6,789 23.8%
Guinea-Bissau 8.2 4.7% 0.0% 0.0% 3,638 51.5%
Guyana 151.2 128.9% 0.1% 0.2% 180,831 20.4%
Haiti 52.6 -0.8% 0.0% 0.0% 4,418 7.5%
Honduras 119.8 4.2% 0.1% 0.1% 10,883 26.8%
Liberia 15.8 1.8% 0.0% 0.0% 2,749 35.4%
Madagascar 100.8 3.5% 0.0% 0.0% 3,080 28.5%
Malawi 55.7 3.2% 0.0% 0.0% 2,507 49.0%
Mali 117.7 5.1% 0.1% 0.1% 4,670 27.2%
Mauritania 51.4 4.2% 0.0% 0.0% 9,663 30.0%
Mozambique 87.1 4.4% 0.0% 0.0% 2,446 64.6%
Nicaragua 83.6 3.5% 0.0% 0.0% 11,928 25.4%
Niger 85.8 7.7% 0.0% 0.1% 3,072 26.6%
Rwanda 70.4 9.9% 0.0% 0.1% 4,834 53.3%
Senegal 145.7 7.2% 0.1% 0.1% 7,695 69.3%
Sierra Leone 28.9 1.4% 0.0% 0.0% 3,272 24.5%
Tanzania 423.7 7.0% 0.2% 0.3% 6,006 29.1%
Togo 43.3 6.6% 0.0% 0.0% 4,451 46.2%
Uganda 233.0 6.3% 0.1% 0.1% 4,535 35.7%
Zambia 143.4 3.7% 0.1% 0.1% 6,546 73.2%

Heavily Indebted Countries
Totals / Averages:		 4,823.8 N/A 2.2% 2.9% 10,915* 34.1%*


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 43.8 62 16.7 57.1 17.2
Benin D 14.8 60 17.5 68.0 19.3
Bolivia C 12.6 64 23.9 72.5 45.1
Burkina Faso C 24.1 59 16.6 74.3 20.0
Burundi E 14.4 62 15.6 47.3 10.5
Cameroon E 29.9 60 17.5 58.5 20.7
Central African Republic E 5.5 54 14.7 47.3 -4.7
Chad E 21.0 53 15.0 56.4 7.1
Comoros D 0.9 63 20.1 46.7 28.8
Congo, Dem. Rep E 112.8 59 15.6 52.4 3.5
Congo, Rep. E 6.5 64 18.2 43.2 23.2
Cote d'Ivoire D 32.7 59 17.6 68.9 23.1
Ethiopia E 135.5 65 18.5 60.7 26.7
Gambia E 2.8 62 16.8 67.9 23.6
Ghana C 35.1 64 20.4 68.2 34.6
Guinea E 15.1 59 17.7 49.7 20.3
Guinea-Bissau E 2.2 60 18.3 45.9 27.7
Guyana D 0.8 66 25.5 58.1 44.0
Haiti E 11.9 63 23.0 39.6 44.0
Honduras C 11.0 70 23.4 65.8 46.1
Liberia E 5.7 61 17.9 65.1 25.1
Madagascar D 32.7 65 19.0 53.4 25.6
Malawi D 22.2 63 16.8 65.6 23.7
Mali C 25.2 59 15.1 63.0 5.7
Mauritania E 5.3 64 17.6 62.5 15.0
Mozambique D 35.6 59 16.8 60.8 10.5
Nicaragua E 7.0 74 24.5 53.6 47.8
Niger D 27.9 62 14.5 68.9 3.2
Rwanda D 14.6 66 19.0 73.1 29.7
Senegal D 18.9 67 17.8 77.2 28.2
Sierra Leone D 8.8 60 18.8 61.8 29.6
Tanzania E 70.5 66 16.8 69.9 16.2
Togo D 9.7 62 18.7 66.1 25.4
Uganda E 51.4 63 15.9 72.0 15.7
Zambia E 21.9 61 16.9 62.5 23.3

Heavily Indebted Countries
Totals / Averages:		 N/A 891.1 62* 18.2* 60.7* 23.0*


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 17
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 41
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 21
Comoros 0.3 0.2 19% 5 13.1 21
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 45
Ethiopia 17.8 97.8 31% 3 30.7 37
Gambia 0.7 1.4 10% 5 38.5 38
Ghana 21.3 12.4 13% 8 45.7 42
Guinea 4.8 17.3 23% 2 19.0 28
Guinea-Bissau 0.4 1.4 25% 4 10.6 21
Guyana 3.1 1.9 0% 9 39.3 39
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 27
Madagascar 4.3 19.9 79% 5 22.7 26
Malawi 1.5 4.7 74% 5 44.2 34
Mali 4.2 23.8 16% 2 22.6 27
Mauritania 4.1 7.1 6% 5 31.5 30
Mozambique 7.1 25.1 64% 3 21.4 25
Nicaragua 5.1 9.8 3% 7 14.7 14
Niger 2.7 29.7 41% 2 29.7 34
Rwanda 1.8 2.8 57% 13 53.7 57
Senegal 13.6 12.2 8% 11 41.1 45
Sierra Leone 1.3 3.7 43% 11 26.4 33
Tanzania 13.0 51.0 49% 6 38.5 41
Togo 2.3 3.1 24% 5 34.5 32
Uganda 5.8 21.7 41% 6 35.8 26
Zambia 7.7 26.5 59% 7 34.4 39

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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ECONOMICS
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