Egypt accounts for one-third of over SDR 26 billion owed by Africa’s top 10 IMF debtors

Key Takeaways:

  • Egypt leads African nations in IMF debt, with SDR 8.63 billion in outstanding credit.
  • The combined debt of these 10 countries represents 24% of the IMF’s total outstanding credit globally.
  • East African nations, Kenya and Ethiopia, hold a combined SDR 4.5 billion in IMF credit.
  • West Africa is strongly represented with Côte d'Ivoire, Ghana, Senegal, and Cameroon owing more than SDR 7.4 billion collectively.

As of March 31, 2025, Egypt is the largest African debtor to the International Monetary Fund (IMF), with outstanding credit totalling approximately SDR 8.63 billion—representing nearly one-third of the continent’s top 10 IMF debts. Kenya ranks second with SDR 3.02 billion, followed by Angola and Côte d'Ivoire, each with over SDR 2.6 billion.

Ghana's debt approaches SDR 2.5 billion, while the Democratic Republic of Congo, Ethiopia, and Morocco each owe between SDR 1.2-1.8 billion. Cameroon and Senegal complete the top ten, with each country's debt exceeding SDR 1 billion.

Source:

International Monetary Fund (IMF)

Period:

March 31, 2025
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