GRADE Simulations

Government Revenue and Development Estimations · Universities of St Andrews and Leicester
Underlying debt-service estimates from Debt Justice

What Capping External Debt Service at 10% of Government Revenue Could Deliver, 2020–2026

For 68 low-, lower-middle, and upper-middle-income countries, this tool models the benefit of capping external debt service at 10% of government revenue. Debt service may reduce the maximum available resources (MAR) governments can deploy to fulfil their human rights obligations.

INTERNATIONAL ACTORS CROSS-BORDER MECHANISMS IMPACT Tax havens and low-tax jurisdictions Profit shifting and tax abuse Bilateral creditors; states regulating private lenders; members of IFIs Onerous external debt service ← focus of this tool Influential voting members of international financial organisations Fiscal consolidation policy advice Influential voting members of international financial organisations Monetary policy and financial conditionality Official development assistance partners Official development assistance conditionality Reduction in Maximum Available Resources Constrained ability to use Maximum Available Resources Constrained progressive realisation of economic, social and cultural rights

Figure 1. Cross-border constraints on maximum available resources for human rights. This tool focuses on the highlighted pathway: Onerous external debt service → reduction in maximum available resources → constrained progressive realisation of ESC Rights.

This tool used the average of Debt Justice estimates of external public and publicly guaranteed debt service as a % of government revenue for the years 2020-2026. These were inputted into the GRADE model and this tool summarises the findings. Outcomes are reported either as flows (deaths averted, additional child school years — which can be summed across years) or as stocks (population coverage in a given year — the same person counted only once). The "% of those without" show the share of the unmet need in each country addressed by 2026; a value of 100% means the additional revenue is large enough to close the entire remaining gap. Time frame selects a single year, or "2020–2026" for the full cumulative window. Tap any country in the map, bar in the chart — or any country in the table — to see that country’s full profile. Full data is in the sortable table below. Country profiles include a direct link, a copy-link button, and a one-page PDF brief. “Commonwealth only” selects the 26 Commonwealth members among the 68 countries; “Commonwealth in debt crisis (21)” selects the 21 Commonwealth countries spending more than 14% of government revenue on external debt payments, as listed in SCIAF and Debt Justice (2026), Debt Crisis in the Commonwealth: A Call for UK Global Leadership, and reproduces the figures in that report.

68 countries (top 30 shown — 68 countries match this filter)
If external debt service were capped at 10% — foreseeable impact across 68 countries
378,918
Under-5 deaths averted
cumulative 2020–2026
34,767
Maternal deaths averted
cumulative 2020–2026
1,638,855
Children no longer stunted
in 2026
Outcome group
Time frame
Income group
Region
Commonwealth
Country
Under-5 deaths averted — cumulative 2020-2026
LowerHigher Grey: no data / outside filter
68
Countries with non-zero estimates
378,918
Total across countries (2020–2026)
79,534
Largest gain - Angola
1,179
Median country (Papua New Guinea)

All countries - sortable summary table

Cumulative 2020–2026 for flow outcomes (deaths averted, child school years); 2026 value for stock outcomes (coverage); "% closed" shows share of unmet need addressed by 2026. Click any column header to sort, or a country name to open its profile.
Country▲IncomeRegionCommonwealthU5 deaths averted (cumulative)Maternal deaths averted (cumulative)Children not stunted (2026)As a % of children stunted (2026)Child school years, all levels (cumulative)% out of school in 2026 (all levels)People with water access (2026)% of those without water access in 2026People with sanitation access (2026)% of those without sanitation access in 2026People with social security (2026)% of those without social security in 2026
AlbaniaUMICEurope & Central AsiaNo3311011.0%1,4981.3%1,1291.0%2,38672.3%4,5350.3%
AngolaLMICSub-Saharan AfricaNo79,5347,126122,8984.2%1,733,7007.5%2,211,70013.5%3,598,43319.5%1,324,4884.3%
ArgentinaUMICLatin America & CaribbeanNo2,799356,9572.8%65,79312.3%22,9915.2%380,92116.0%298,4861.5%
ArmeniaUMICEurope & Central AsiaNo14693943.4%7,2305.2%0-28,61617.3%14,3570.9%
BangladeshLMICSouth AsiaYes3,87939029,1960.7%428,8552.2%259,2359.9%522,6000.9%291,1270.2%
BelizeUMICLatin America & CaribbeanYes4921052.5%1,3233.3%2,36543.1%5,14610.5%3,0701.1%
BeninLMICSub-Saharan AfricaNo2,36956823,4653.5%358,9613.5%173,8933.6%170,6381.4%139,6221.1%
BhutanLMICSouth AsiaNo106154764.4%11,84110.2%3,129100.0%8,4536.0%9,1851.4%
BoliviaLMICLatin America & CaribbeanNo575741,6151.2%16,5462.9%33,0907.0%52,0731.8%23,2060.3%
Cabo VerdeLMICSub-Saharan AfricaNo4051384.8%5,49818.5%7,98419.2%2,2234.6%4,3291.0%
CameroonLMICSub-Saharan AfricaYes5,44760626,8602.2%332,4335.8%197,3732.3%436,1032.5%183,5360.8%
Central African RepublicLICSub-Saharan AfricaNo359125750.1%13,5210.2%4,3210.1%1,1750.0%3,8290.1%
ChadLICSub-Saharan AfricaNo1,6171205,0460.4%59,4980.7%27,3660.3%59,4470.3%32,5540.2%
ColombiaUMICLatin America & CaribbeanNo2,389517,7272.0%90,7662.8%22,5612.6%47,1285.6%244,1211.2%
CongoLMICSub-Saharan AfricaNo4,1513954,6153.1%94,5672.7%103,1716.2%232,1514.4%62,2281.2%
Cote d'IvoireLMICSub-Saharan AfricaNo8,4681,12651,9625.6%657,5653.8%546,8956.1%1,013,3895.1%434,5241.7%
DjiboutiLMICMiddle East & North AfricaNo3841130.5%-0.2%2,2600.8%4,2761.2%1,3170.1%
Dominican RepublicUMICLatin America & CaribbeanNo2,5941066,80413.0%79,9613.2%70,45324.9%251,12323.4%210,8843.4%
EcuadorUMICLatin America & CaribbeanNo617161,4620.5%18,7411.0%10,5491.8%37,3124.9%44,2560.5%
EgyptLMICMiddle East & North AfricaNo56,8344,044212,2218.9%2,791,68832.6%1,453,224100.0%2,065,740100.0%2,201,7872.6%
El SalvadorUMICLatin America & CaribbeanNo1,749874,74910.1%64,0622.3%0-171,85423.7%124,4283.5%
EthiopiaLICSub-Saharan AfricaNo8,68868966,4741.0%1,310,2121.7%203,5780.4%317,8750.3%360,5550.3%
FijiUMICEast Asia & PacificYes191791.4%8012.3%9512.3%3,1754.7%1,5360.3%
GabonUMICSub-Saharan AfricaYes2,2161764,96111.3%--101,30432.6%195,25214.9%58,6403.2%
GeorgiaUMICEurope & Central AsiaNo14045835.9%970-1,0730.7%9970.2%19,7771.2%
GhanaLMICSub-Saharan AfricaYes2,57635221,4304.1%294,2033.7%267,89010.7%336,4041.5%230,0010.9%
GrenadaUMICLatin America & CaribbeanYes90--343.8%110.2%6896.9%1,0511.8%
GuatemalaUMICLatin America & CaribbeanNo7972430.0%3,9080.1%5,2630.7%11,6890.2%4,1600.0%
Guinea-BissauLICSub-Saharan AfricaNo326226470.8%18,6671.1%4,8570.6%-152-0.0%6,2130.3%
HondurasLMICLatin America & CaribbeanNo417341,1200.6%13,7110.2%24,0478.6%55,9154.2%18,2520.2%
IndonesiaUMICEast Asia & PacificNo17,5531,992153,1302.3%1,920,9647.0%2,543,51533.9%4,174,358100.0%2,934,9011.8%
JamaicaUMICLatin America & CaribbeanYes465111,84918.0%20,4224.5%4,6451.9%27,2107.2%67,3236.0%
JordanLMICMiddle East & North AfricaNo3,15323012,67617.6%119,89623.2%115,895100.0%120,23734.1%189,0712.6%
KazakhstanUMICEurope & Central AsiaNo8912110.2%1,9880.1%1470.0%1270.0%3,8110.0%
KenyaLMICSub-Saharan AfricaYes7,67987862,6054.8%712,2894.9%602,7003.0%1,360,6013.8%596,2281.4%
Lao PDRLMICEast Asia & PacificNo2,5043899,7354.6%158,77611.5%214,68523.7%351,81427.2%96,8631.5%
MadagascarLICSub-Saharan AfricaNo201131,3880.1%27,1470.1%4,3360.0%4,4390.0%7,2480.0%
MalawiLICSub-Saharan AfricaYes814655,5970.5%131,7071.2%12,4090.2%12,8800.1%25,0130.1%
MaldivesUMICSouth AsiaYes15452616.8%3,04410.5%1,435100.0%0-12,0183.2%
MauritaniaLMICSub-Saharan AfricaNo778823,1651.7%35,4000.9%34,9404.7%50,6762.9%23,1220.5%
MauritiusUMICSub-Saharan AfricaYes9912314.7%5,5426.1%0---17,6643.4%
MongoliaUMICEast Asia & PacificNo1,276712,53313.8%35,8118.4%57,27111.9%136,75314.8%76,1523.7%
MontenegroUMICEurope & Central AsiaNo6601525.4%1,028-401.3%1091.4%8,2144.2%
MoroccoLMICMiddle East & North AfricaNo786603,1080.8%34,5392.4%57,4691.6%94,6172.4%59,0920.2%
MozambiqueLICSub-Saharan AfricaYes1,86229213,6950.6%161,9780.6%61,8130.6%109,8580.5%81,9120.3%
NigerLICSub-Saharan AfricaNo1,47113013,9300.6%225,8030.7%34,4320.2%55,8900.2%64,5030.3%
NigeriaLMICSub-Saharan AfricaYes15,6321,46365,6490.6%884,2630.7%466,0951.5%881,5620.8%537,9280.3%
North MacedoniaUMICEurope & Central AsiaNo135132010.6%6,3146.8%2,1986.2%0-17,9632.2%
PakistanLMICSouth AsiaYes64,1498,326445,4184.2%5,978,1986.3%3,254,64314.3%7,485,20713.7%3,416,2241.7%
Papua New GuineaLMICEast Asia & PacificYes1,1791214,0570.6%62,7631.2%58,9491.2%71,7290.8%53,0320.6%
ParaguayUMICLatin America & CaribbeanNo1,092662,86013.5%33,4631.5%0-71,60087.8%66,7131.8%
RwandaLICSub-Saharan AfricaYes114222,6540.5%28,6382.1%19,6200.4%24,9860.8%12,4910.1%
SenegalLMICSub-Saharan AfricaNo5,2151,06048,86011.3%692,9344.5%481,63729.5%614,5779.1%415,1322.8%
Sierra LeoneLICSub-Saharan AfricaYes1,3881233,2511.1%91,8214.4%28,1371.1%5,0750.1%29,2540.4%
South SudanLICSub-Saharan AfricaNo14,3385962,4010.5%149,1411.1%21,6480.3%64,7350.6%95,780-
Sri LankaLMICSouth AsiaYes5,07645327,31210.8%520,80356.2%636,67028.9%282,515100.0%414,2852.2%
St. LuciaUMICLatin America & CaribbeanYes1903413.7%5062.2%470.9%1,6605.6%2,3862.8%
St. Vincent and the GrenadinesUMICLatin America & CaribbeanYes60--1118.0%40.2%4724.6%7501.7%
SudanLICSub-Saharan AfricaNo27,2341,07149,5611.8%910,4812.0%393,4022.5%244,8070.7%424,3020.9%
SurinameUMICLatin America & CaribbeanNo338193388.4%6,3761.9%6,130100.0%32,00159.5%14,0533.3%
TanzaniaLMICSub-Saharan AfricaYes4,81261242,9721.3%541,9191.3%245,1131.0%343,4110.7%223,3350.4%
The GambiaLICSub-Saharan AfricaYes158151,1042.2%23,4743.3%5,0511.5%2,7390.2%6,0550.2%
TogoLICSub-Saharan AfricaYes548614,6741.5%67,84210.2%26,1361.1%48,3310.6%29,7540.4%
TunisiaLMICMiddle East & North AfricaNo3,5681658,37812.0%142,9709.6%118,91680.5%0-267,7583.7%
TurkmenistanUMICEurope & Central AsiaNo1,803171,8753.8%--0-0-24,4700.4%
UgandaLICSub-Saharan AfricaYes2,64415930,0511.6%334,0231.1%126,8840.7%314,9500.8%162,4720.4%
UzbekistanLMICEurope & Central AsiaNo487201,4820.5%8,4120.3%21,2493.0%32,6612.7%14,8140.1%
ZambiaLMICSub-Saharan AfricaYes1,772988,3200.8%104,5271.5%83,8481.3%93,0260.7%70,9010.4%

Key takeaways

  • In 68 countries, capping external debt service at 10% of government revenue would produce foreseeable gains in under-5 deaths averted.
  • Largest gains: Angola, Pakistan, Egypt - 79,534; 64,149; 56,834.
  • Across all qualifying countries, an estimated 378,918 under-5 deaths averted cumulative over 2020–2026.
  • Click any bar to open that country's full health, education, services, and social-security profile.
Source: GRADE simulations (Universities of St Andrews and Leicester) were applied to the additional government revenue that would be available if external public and publicly guaranteed debt service obligations were capped at 10% of government revenue. Debt-service estimates from Debt Justice. Country-year panel covers 68 low-, lower-middle- and upper-middle-income economies (World Bank FY2025 classification, high-income excluded), 2020–2026. Outcomes cover all age groups; all figures are additional gains attributable to capping debt service.