Top 10 African countries with the lowest general government debt (% of GDP)

Several African countries have resorted to borrowing in order to satisfy their financial obligations as they work toward ambitious development objectives. This could lead to an unsustainable general government debt if handled poorly, however some African countries have handled their debt load expertely.

• Business Insider Africa presents the top 10 African countries with the lowest general government debt (% of GDP).
• This list is courtesy of the Africa Pulse report by the World Bank.
• DRC ranks number 1 in the list.

When a country's government debt is low in comparison to its GDP, it creates opportunities for a variety of economic advantages, ranging from investor confidence to long-term stability.

This may seem illogical in Africa, where development finance is in high demand.

Low debt, when handled properly, enables more strategic borrowing, better policy freedom, and higher long-term growth.

Across Africa, many countries are under increasing pressure to fund development projects, create infrastructure, and respond to economic shocks.

While borrowing can assist in satisfying these demands, keeping general government debt to a low proportion of GDP is increasingly seen as a significant benefit.

Countries that can maintain their debt burdens low level are better positioned for long-term economic growth, financial stability, and development independence.

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General government debt is the total amount owed by all levels of government (central, regional, and local).

When expressed as a proportion of a country's GDP, it clearly shows how manageable a country's debt is in comparison to the size of its economy.

A low debt-to-GDP ratio shows that a government is in control of its debt levels and has the economic strength to satisfy its financial obligations without burdening future budgets or generations.

Consistently low debt levels in countries such as Botswana and Eswatini have led to stable economies, making them appealing locations for investors seeking secure and trustworthy emerging markets.

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When a government does not have to spend a big amount of its budget repaying debts, it may devote more resources to critical services.

This implies that additional public funds may be devoted to building schools, hospitals, increasing road, energy, and water availability.

With that said, here are the 10 African countries with the lowest general government debt as a percentage of their GDP, according to the Africa Pulse report by the World Bank.

Top 10 African countries with the lowest general government debt (% of GDP)

Rank	African country	General goverment debt as a % of GDP
1.	Democratic Republic of Congo	26.0%
2.	Ethiopia	28.4%
3.	Equatorial Guinea	31.5%
4.	Chad	32.3%
5.	Comoros	37.6%
6.	Sierra Leone	37.9%
7.	Cameroon	39.2%
8.	Botswana	39.7%
9.	Guinea	41.3%
10.	São Tomé and Príncipe	40.3%

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