5. Tunisia – $24,490,000,000
Tunisia is an export-oriented nation. It ranks first in Africa for economic competitiveness. When it comes to HDI, Tunisia ranks fifth in Africa. The nation announced in January that it would issue $1.75 billion of dollar denominated bonds and Islamic sukuks this year as it seeks funds to boost economic growth.
The estimated debt of $24.4 billion was last calculated on December 31, 2012
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