In this Update, we present our sovereign debt heat map that provides a snapshot of debt risks across Sub-Saharan Africa. Government debt is still above pre-pandemic levels and most economies we cover will require further adjustment to their fiscal balances to stabilise debt-to-GDP ratios. Countries like Angola and Mozambique with high shares of debt in foreign currency are most at risk of debt distress in the event of a sudden deterioration in terms of trade and/or currency weakness.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services