17 For example, Sudan has 95% of its public debt denominated in foreign currency, and has the highest debt ratio in Africa at 207% of GDP. Mozambique follows closely, with public debt at 108% of GDP, 85% of it being issued in foreign currency.
In fact, the ratios of working-age population to total population are nearing their peaks in many Asian countries, which means that the size of the labor force relative to population in these economies will start diminishing in several years (Chart 2). These demographic changes could constrain economic growth from both the supply and demand sides.