Table 5.

The current level of public debts for both regions and the estimated threshold

Newly democratic African countriesNewly democratic European countries
South AfricaNamibiaGermanyUkraine
Threshold65% of GDP65% of GDP72% of GDP72% of GDP
Level of public debt70.10% of GDP73% of GDP80% of GDP80% of GDP
Source: Author’s illustration based on data from countries economic outlook 2023 and WDI 2023

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