Liberia

Liberia’s external debt was estimated in 2006 at approximately $4.5 billion, 800% of GDP. As a result of bilateral, multilateral and commercial debt relief from 2007 to 2010, the country’s external debt fell to $222.9 million by 2011.

Madagascar

Madagascar recorded a government debt equivalent to 35.50 percent of the
country’s Gross Domestic Product in 2016.

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