T H E
GDF 2012 draws on a database maintained by the World Bank External Debt (WBXD) system. Longer time series and more detailed data are available from the Global Development Finance 2012 on CD-ROM and the World Bank open databases, which contain more than 200 time series indicators, covering the years 1970 to 2010 for most reporting countries, and pipeline data for scheduled debt service payments on existing commitments to 2018.
World Bank open databases are available through the World Bank’s website, http:// www.worldbank.org. The Little Data Book on External Debt 2012 provides a quick reference to the data from GDF 2012. For more information on the GDF database, CD-ROM, and print publications go to http://publications. worldbank.org/ecommerce/. Global Development Finance 2012: External Debt of Developing Countries is unique in its coverage of the important trends and issues fundamental to the financing of the developing world. This report is an indispensible resource for governments, economists, investors, financial consultants, academics, bankers, and the entire development community.
Further details about the GDF 2012 can be found at http://data.worldbank.org/. For general and ordering information, please visit the World Bank’s publications Web site at http://publications.worldbank.org/, e-mail books@worldbank.org, or call 703-661-1580; within the United States, please call 1-800-645-7274.
DOI: 10.1596/978-0-8213-8997-3
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Global Global Development Development Finance Finance External Debt of Developing Countries
2012
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The database covers external debt stocks and flows, major economic aggregates, and key debt ratios, as well as average terms of new commitments, currency composition of long term debt, and debt restructurings in greater detail than can be included in the GDF book. The CD-ROM also contains the full contents of the print version of GDF 2012. Text providing country notes, definitions, and source information is linked to each table.
External Debt of Developing Countries
lobal Development Finance 2012: External Debt of Developing Countries is a continuation of the World Bank’s publications Global Development Finance,Volume II (1997 through 2009) and the earlier World Debt Tables (1973 through 1996). As in previous years, GDF 2012 provides statistical tables showing the external debt of 129 developing countries that report public and publicly guaranteed external debt to the World Bank’s Debtor Reporting System (DRS). It also includes tables of key debt ratios for individual reporting countries and the composition of external debt stocks and flows for individual reporting countries and regional and income groups along with some graphical presentations.
Global Development Finance
G
W O R L D
2012
Global Development Finance External Debt of Developing Countries
Global Development Finance External Debt of Developing Countries
2012
Š 2012 International Bank for Reconstruction and Development / International Development Association or
The World Bank 1818 H Street NW Washington DC 20433 Telephone: 202-473-1000 Internet: www.worldbank.org
1 2 3 4 14 13 12 11 This volume is a product of the staff of The World Bank with external contributions. The findings, interpretations, and conclusions expressed in this volume do not necessarily reflect the views of The World Bank, its Board of Executive Directors, or the governments they represent. The World Bank does not guarantee the accuracy of the data included in this work. The boundaries, colors, denominations, and other information shown on any map in this work do not imply any judgment on the part of The World Bank concerning the legal status of any territory or the endorsement or acceptance of such boundaries.
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ISBN (paper): 978-0-8213-8997-3 ISBN (electronic): 978-0-8213-9453-3 DOI: 10.1596/978-0-8213-8997-3
Table of Contents
Preface
vii
Acknowledgments
ix
Overview Developing Countries’ Debt Stocks and Flows 2010 Recent Trends in Debt Flows External Debt Burden of Developing Countries—Selected Indicators Trends in Equity Flows 2010 Regional Developments and Trends Annex A. Trends in IBRD and IDA Financing to Developing Countries in 2010
1 1 4 9 10 14
21
Summary Tables
25
Regional and Income Group Aggregate Tables
39
Country Tables Afghanistan Albania Algeria Angola Argentina Armenia Azerbaijan Bangladesh Belarus Belize Benin Bhutan Bolivia, Plurinational State of Bosnia and Herzegovina Botswana Brazil Bulgaria Burkina Faso
59 60 62 64 66 68 70 72 74 76 78 80 82 84 86 88 90 92 94
Burundi Cambodia Cameroon Cape Verde Central African Republic Chad Chile China Colombia Comoros Congo, Democratic Republic of Congo, Republic of Costa Rica Côte d’Ivoire Djibouti Dominica Dominican Republic Ecuador Egypt, Arab Republic of El Salvador Eritrea Ethiopia Fiji Gabon Gambia, The Georgia Ghana Grenada Guatemala Guinea Guinea-Bissau Guyana Haiti Honduras India Indonesia Iran, Islamic Republic of Jamaica
96 98 100 102 104 106 108 110 112 114 116 118 120 122 124 126 128 130 132 134 136 138 140 142 144 146 148 150 152 154 156 158 160 162 164 166 168 170
G L O B A L
D E V E L O P M E N T
F I N A N C E
2 0 1 2
Jordan Kazakhstan Kenya Kosovo Kyrgyz Republic Lao People’s Democratic Republic Latvia Lebanon Lesotho Liberia Lithuania Macedonia, Former Yugoslav Republic of Madagascar Malawi Malaysia Maldives Mali Mauritania Mauritius Mexico Moldova Mongolia Montenegro Morocco Mozambique Myanmar Nepal Nicaragua Niger Nigeria Pakistan Panama Papua New Guinea Paraguay Peru Philippines Romania Russian Federation Rwanda Samoa São Tomé and Príncipe
172 174 176 178 180 182 184 186 188 190 192 194 196 198 200 202 204 206 208 210 212 214 216 218 220 222 224 226 228 230 232 234 236 238 240 242 244 246 248 250 252
vi
Senegal Serbia Seychelles Sierra Leone Solomon Islands Somalia South Africa Sri Lanka St. Kitts and Nevis St. Lucia St. Vincent and the Grenadines Sudan Swaziland Syrian Arab Republic Tajikistan Tanzania Thailand Togo Tonga Tunisia Turkey Turkmenistan Uganda Ukraine Uruguay Uzbekistan Vanuatu Venezuela, República Bolivariana de Vietnam Yemen, Republic of Zambia Zimbabwe
254 256 258 260 262 264 266 268 270 272 274 276 278 280 282 284 286 288 290 292 294 296 298 300 302 304 306 308 310 312 314 316
About the Data Data Sources Methodology External Debt and Its Components Sources of the Macroeconomic Indicators
319 319 320 322 325
Country Groups
327
Glossary
329
Users’ Guide
333
Preface
T
he World Bank’s Debtor Reporting System (DRS), from which the aggregates and country tables presented in this report are drawn, was established in 1951. The debt crisis of the 1980s brought increased attention to debt statistics and to the World Debt Tables, the predecessor to Global Development Finance. Now the global financial crisis has once again heightened awareness in developing countries of the importance of managing their external obligations. Central to this process is the measurement and monitoring of external debt stocks and flows in a coordinated and comprehensive way. The initial objective of the DRS was to support the World Bank’s assessment of the creditworthiness of its borrowers. But it has grown as a tool to inform developing countries and the international community of trends in external financing and as a standard for the concepts and definitions on which countries can base their own debt management systems. Over the years, the external financing options available to developing countries have evolved and expanded, and so too has the demand for timely and relevant data to measure the activity of publicand private-sector borrowers and creditors. Recurrent debt crises caused by adverse global economic conditions or poor economic management have demanded solutions, including debt restructuring and, in the case of the poorest, most highly indebted countries, outright debt forgiveness, formulated on the basis of detailed and robust information on external obligations. Steps are continuously being taken to ensure that the data captured by the DRS mirror these
developments and respond to the needs of debt managers and analysts. In this context, reporting requirements are periodically amended to reflect changes in borrowing patterns. Many developing countries increasingly rely on financing raised in domestic markets, so we are exploring ways to expand the coverage of public sector borrowing in domestic markets. At the same time, we are mindful that expanded coverage and efforts to enhance data accuracy and timeliness must be balanced against the reporting burden imposed on developing countries. Bringing modern technology to bear reduces reporting costs. In partnership with the major providers of debt data management systems to developing countries, the Commonwealth Secretariat (COMSEC) and the United Nations Conference on Trade and Development (UNCTAD), we have established standard code and system links that enable countries to provide their DRS reports electronically, in a seamless and automated data exchange process. We recognize that robust debt data and good debt management go hand in hand, and the World Bank, together with its partners, is committed to improving the capacity of developing countries to manage their debt. We are also committed to maintaining the DRS as a rich source of information and welcome your comments and suggestions to ensure that it meets your needs. Shaida Badiee Director, Development Data Group
Acknowledgments
T
his volume and its companion volume, The Little Data Book on External Debt, were prepared by the Financial Data Team of the Development Data Group (DECDG), led by Ibrahim Levent under the supervision of Neil James Fantom, and comprising Nanasamudd Chhim, Akane Hanai, Wendy Huang, Hiroko Maeda, Gloria Moreno, Evis Rucaj, Yasue Sakuramoto, Rubena Sukaj, and Alagiriswamy Venkatesan, working closely with other teams in the Development Economics Vice Presidency’s Development Data Group. The team was assisted by Awatif H. Abuzeid and Elysee Kiti. The system support team was led by Abdolreza Farivari. The Migration and Remittances unit provided worker remittances and compensation of employee data. The overview of
current developments was prepared by Malvina Pollock and reviewed by Eric Swanson in consultation with the staff of DECDG; country economists reviewed the data tables. The work was carried out under the management of Shaida Badiee. Valuable advice was provided by Shahrokh Fardoust. The production of this volume was managed by Azita Amjadi and Alison Kwong. The online database was prepared by Shelley Fu and William Prince, with technical support from Ramgopal Erabelly and Malarvizhi Veerappan. Mobile apps production was coordinated by Vilas K. Madlekar and Parastoo Oloumi. The cover was designed by Jomo Tariku. Staff members from External Affairs, Office of the Publisher, coordinated the publication and dissemination of the book.
.
Overview
T
he data and analysis presented in this edition of Global Development Finance are based on actual flows and debt related transactions for 2010 reported to the World Bank Debtor Reporting System (DRS) by 129 developing countries. The reports confirm that in 2010 international capital flows to developing countries surpassed preliminary estimates and returned to their pre-crisis level of $1.1 trillion, an increase of 68 percent over the comparable figure for 2009. Private capital flows surged in 2010 driven by a massive jump in short-term debt, a strong rebound in bonds and more moderate rise in equity flows. Debt related inflows jumped almost 200 percent compared to a 25 percent increase in net equity flows. The rebound in capital flows was concentrated in a small group of 10 middle income countries where net capital inflows rose by an average of nearly 80 percent in 2010, almost double the rate of increase (44 percent) recorded by other developing countries. These 10 countries accounted for 73 percent of developing countries GNI, and received 73 percent of total net capital flows to developing countries in 2010.
Developing Countries’ Debt Stocks and Flows 2010
T
he combined stock of developing countries’ external debt rose $437 billion to $4 trillion at end in 2010, reflecting net debt inflows of $495 billion, the downward effect of the year on year appreciation, vis-à-vis the US dollar, of foreign currencies in which around 30 percent of developing countries external debt is denominated, and debt forgiveness. Short term was the fastest growing component, rising by 34 percent in 2010 as
compared to a 6 percent increase in the stock of outstanding long term external debt. Most short term debt was trade related and, measured against developing countries’ imports it increased only marginally, to 17 percent compared to 16 percent in 2009. The stock of long term debt at end 2010 was fairly evenly divided between publicly guaranteed debt, 54 percent, and debt owed to private non-guaranteed borrowers, 46 percent, although the former rose twice as fast as the later in 2010, by 8 percent as compared to 4 percent. Developing countries’ debt stock remained moderate, an average of 21 percent of gross national income (GNI) and 69 percent of export earnings and risks associated with the fact that short term debt constituted 25 percent of debt stock at end 2010 were mitigated by international reserves. The global economic crisis forced some developing countries to draw down international reserves but, in aggregate, developing countries recorded an accumulation of international reserves since the onset of the crisis: equivalent to 137 percent of external debt stock at end 2010 (table 1). International capital flows rose by 68 percent to $1.1 trillion in 2010, equivalent to their 2007 pre-crisis level. Measured in relation to developing country gross national income (GNI), the increase in net capital flows was less striking: from 4.1 percent of GNI in 2009 to 5.8 percent in 2010 but well short of their 8.1 percent ratio in 2007. Debt flows from private creditors were close to five times their 2009 level, driven by a massive jump in short-term debt and a strong rebound in bond issuance by public and private sector borrowers. Foreign direct investment and portfolio flows were up by 27 percent and 18 percent, respectively, bringing total private equity flows to $635 billion in 2010, only slightly below their 2007 all-time
G L O B A L
D E V E L O P M E N T
F I N A N C E
2 0 1 2
Table 1. External Debt Stock of Developing Countries and Select Ratios, 2005–10 $ billions 2005
2006
2008
2009
2010
2,514.1
2,675.3
2,013.2
2,081.5
3,220.5
3,499.2
3,639.6
4,076.3
2,456.5
2,739.7
2,866.4
1,332.1
3,039.9
1,266.2
1,371.3
1,423.2
1,530.4
1,647.2
Private nonguaranteed Short-term external debt
681.1
815.4
1,085.1
1,316.5
1,336.0
1,392.7
500.8
593.8
764.0
759.5
773.2
1,036.4
External debt outstanding to GNI (%)
26.6
23.9
23.2
21.0
22.4
21.0
External debt stocks to exports (%)
75.9
66.1
65.6
59.3
77.0
68.7
Reserves to external debt outstanding (%)
78.7
97.8
114.9
118.7
132.9
137.1
Short term debt to imports (%)
15.3
15.2
16.0
13.0
16.2
17.2
Total External Debt Outstanding Long-term (including IMF) Public and publicly guaranteed (including IMF)
2007
Ratios
Sources: World Bank Debtor Reporting System and International Monetary Fund.
high of $667 billion. The net inflow of debt related financing from official creditors (excluding grants) declined by 11 percent, with those from the IMF down almost 50 percent from their 2009 level. By contrast, support from IBRD continued its upward trajectory with net inflows rising by a further 45 percent in 2010. Net inflows from other official creditors in 2010 held steady at their 2009 level (table 2). The 2010 increase in net capital flows was accompanied by marked change in composition between equity and debt related flows. Over the past decade net equity flows to developing countries have consistently surpassed the level of debt related flows, reaching as high as 97 percent of aggregate net capital flows in 2002 and accounting for 75 percent of them ($509 billion) in 2009. However, periods of rapid increase in capital flows have often been marked by a reversal from equity to debt. For example, in 2007, when net capital flows increased by 65 percent, to $1,133 billion, the main driver was the 80 percent rise in debt related flows from private creditors (mostly to private sector corporate borrowers in developing countries) and not the more moderate, 35 percent rise in equity inflows. A similar pattern occurred in 2010 when net financing by private creditors, albeit largely of a short-term nature, fueled the rise in net capital flows (figure 1). Capital flows to developing countries are heavily concentrated in the 10 middle-income countries, namely those with the largest external debt stock at end 2010, referred to hereafter as the top 10 borrowers. Over the past decade, the
2
top 10 borrowers have commanded on average 70 percent of the annual aggregate net capital inflows to all developing countries and they have received a much larger share of net equity inflows than other developing countries (figure 2). In 2010 net capital inflows to the top ten borrowers increased by an average of almost 80 percent compared to only 44 percent for all other developing countries combined. Net debt inflows rose to $359 billion, almost double the amount going to the other 119 developing countries and equity inflows increased by 30 percent compared to a 16 percent rise for other developing countries. China alone received 30 percent of the aggregate net capital inflows to all developing countries in 2010 while the combined share of the so-called BRICs (Brazil, the Russian Federation, India, and China) was 58 percent. Together the BRICs accounted for almost 40 percent, and the top ten borrowers for 64 percent of the end 2010 external debt stock owed by all developing countries (table 3). At the regional level, East Asia and the Pacific saw the most pronounced rise in the net inflows in 2010: combined debt and equity flows increased by 90 percent, to $447 billion, dominated by the 52 percent rise in equity and 178 percent rise in debt flows to China. In Latin America and the Caribbean net capital inflows were up 83 percent over their 2009 level, underpinned by a rebound in FDI inflows and a threefold jump in debt related flows; the latter driven by a 20 percent rise in net inflows from official, largely multilateral, creditors, and a rapid rise in net medium- and short-term
O V E R V I E W
Table 2. Net Capital Flows to Developing Countries, 2001–10 $ billions 2001
Net private and official inflows
2002
2003
2004
2005
2006
2007
2008
2009
2010
1129.7
212.6
168.4
261.7
347.3
519.7
686.5
1133.2
835.2
674.9
3.7
2.9
3.9
4.4
5.5
6.1
8.1
5.0
4.1
5.8
Net equity inflows
165.5
163.3
179.2
245.5
382.0
495.2
667.1
570.7
508.7
634.5
Net FDI inflows
158.9
155.0
152.8
208.5
314.5
387.5
534.1
624.1
400.0
506.1
6.7
8.3
26.3
36.9
67.5
107.7
133.0
–53.4
108.8
128.4
47.1
5.1
82.5
101.9
137.7
191.2
466.1
264.4
166.2
495.2
Official creditors
30.9
6.9
–12.0
–24.3
–64.3
–69.0
1.5
29.5
80.5
71.2
World Bank
7.4
–0.5
–2.6
2.4
2.6
–0.3
5.2
7.2
18.3
22.4
19.5
14.2
2.4
–14.7
–40.2
–26.7
–5.1
10.8
26.8
13.8
Other official
4.1
–6.7
–11.7
–11.9
–26.8
–42.0
1.5
11.5
35.4
35.0
Private creditors
16.1
–1.8
94.5
126.1
202.0
260.2
464.6
234.9
85.7
424.0
Percent of GNI
Net portfolio equity inflows Net debt flows
IMF
Net medium and long term debt flows
–3.5
–3.8
36.3
73.2
120.4
164.9
296.3
239.3
70.9
155.5
Bonds
15.7
11.1
23.1
33.9
49.4
34.3
91.7
26.7
51.1
111.4
Banks and other private
–19.2
–15.0
13.2
39.3
71.1
130.6
204.7
212.5
19.8
44.1
Net short term debt flows
19.6
2.0
58.2
52.9
81.6
95.3
168.3
–4.4
14.7
268.5
Change in reserves (– = increase)
–81.8
–165.4
–288.4
–395.7
–405.1
–636.9
–1085.3
–452.5
–681.9
–752.0
Memorandum items Official grants excluding tech cooperation
28.4
33.9
44.5
52.2
57.1
107.2
76.4
85.8
87.5
90.0
Workers remittances
90.1
108.2
134.6
155.6
187.0
221.6
276.4
322.9
306.3
319.6
Sources: World Bank Debtor Reporting System; International Monetary Fund; Bank for International Settlements; and Organization for Economic Co-operation and Development. Official grants data for 2010 are World Bank estimates.
Figure 1. Net Capital Flows to Developing Countries, Equity and Debt-Related Flows, 2001–10 percent 100 90 80 70 60 50 40 30 20 10
0
9
20 1
8
20 0
7
20 0
6
20 0
5
Net debt inflows
20 0
4
20 0
3
20 0
2
20 0
20 0
20 0
1
0
Net equity inflows
Sources: World Bank Debt Reporting System; International Monetary Fund; and World Bank estimates.
financing from private creditors to Brazil and Mexico. After a precipitous fall in 2009, net flows to countries in Europe and Central Asia bounced back, rising by 66 percent in 2010 on the back of higher short-term debt related flows from private creditors and bond issuance by public sector and corporate borrowers. Net inflows to countries in South Asia and Sub-Saharan Africa rose 30 percent and 15 percent, respectively, over the previous year. In South Asia, this was due to a rapid (92 percent) escalation in portfolio flows to India and net debt inflows of $35 billion from private creditors. In Sub-Saharan Africa, a 33 percent increase in net debt inflows on loans from official creditors and a resumption of short-term debt inflows, $1.5 billion in 2010 compared to an outflow of $10 billion in 2009, were in part offset by a 14 percent fall in net equity inflows. The Middle East and North Africa was the only developing region where net inflows declined in 2010 with increased bond issuance not enough to offset a halving of net
3
D E V E L O P M E N T
F I N A N C E
2 0 1 2
debt inflows from official creditors and a 16 percent fall in equity flows (table 4). See the section entitled “Regional Developments and Trends” for a more extensive discussion on the composition of debt and equity flows to each region. Figure 2. Aggregate Net Inflows to Top Ten Borrowers and Other Developing Countries, 2000–10 percent 120 100 80 60 40 20 0
Recent Trends in Debt Flows
N
et debt related flows soared in 2010, rising by close to 200 percent to $495 billion from $167 billion in 2009. In the process, the composition changed markedly in terms of both creditor and the category of borrowers to which flows were directed. In terms of creditor, financing from official creditors declined, largely as a consequence of the sharp fall in developing countries’ purchases (equivalent to loan disbursements) from the IMF. Official creditors’ share of total net debt related flows fell to 14 percent in 2010, compared to 49 percent in 2009. In contrast the net inflow from private creditors rose to $424 billion, close to five times its 2009 level (figure 3a). Viewed from the borrower perspective, it was private sector borrowers that saw net inflows rebound in 2010 to $353 billion, a ninefold increase from 2009. In contrast net inflows to public and publicly guaranteed borrowers rose only 12 percent in 2010 and their share of total net debt related flows fell to 29 percent from 76 percent in 2009 (figure 3b).
Slowdown in Financing from Official Bilateral and Multilateral Creditors
20 10
09 20
08 20
07 20
06 20
05 20
00
–20
20
G L O B A L
Net inflows of capital from official creditors in the form of concessional and non-concessional loans fell 11 percent in 2010 to $71 billion with a shift in composition between multilateral and bilateral creditors: the share of the former fell to 83 percent (from 92 percent in 2010) as the
Debt inflows, other developing countries Equity inflows, other developing countries Debt inflows, top ten countries Equity inflows, top ten countries Source: World Bank Debtor Reporting System.
Table 3. Top Ten Borrowers—External Debt Stock, 2010, and Net Inflows, 2009–10 $ billions External debt stock end 2010 Country
Amount
Net inflow 2009
% of total
Total
Net inflow 2010
Debt
Equity
Total
Debt
Equity
% change in net flow 2010
% of total net flow 2010
China
548.6
13.5
185.9
43.5
142.4
337.3
120.9
216.4
81.4
Russian Federation
384.7
9.4
20.8
–19.1
39.9
52.1
14.0
38.1
150.5
4.6
Brazil
347.0
8.5
93.4
30.4
63.0
164.6
78.5
86.1
76.2
14.6
Turkey
293.9
7.2
–2.6
–13.8
11.2
40.4
27.7
12.7
–1653.8
3.6
India
290.3
7.1
75.1
18.4
56.7
102.7
38.6
64.1
36.8
9.1
Mexico
200.1
4.9
28.4
8.9
19.5
48.7
29.4
19.3
71.5
4.3
Indonesia
179.1
4.4
20.3
14.6
5.7
29.9
14.5
15.4
47.3
2.6
Argentina
127.9
3.1
1.5
–2.3
3.8
23.2
17.1
6.1
1446.7
2.1
Romania
121.5
3.0
17.9
13.0
4.9
13.7
10.2
3.5
–23.5
1.2
Kazakhstan Total top 10 borrowers
29.9
118.7
2.9
22.6
8.8
13.8
17.8
7.7
10.1
–21.2
1.6
2611.8
64.1
463.1
102.3
360.8
830.4
358.5
471.9
79.3
73.5
Other developing countries
1464.5
35.9
211.8
63.9
147.9
299.3
136.7
162.6
41.3
26.5
All developing countries
4076.3
100.0
674.9
166.2
508.7
1129.7
495.2
634.5
67.4
100.0
Source: World Bank Debtor Reporting System.
4
O V E R V I E W
Table 4. Net Capital Flows to Developing Regions, 2005–10 $ billions 2005
2006
2007
2008
2009
2010
519.7
686.5
1,133.2
835.2
674.9
1,129.7
East Asia and the Pacific
209.0
238.6
301.6
211.7
235.3
447.1
Europe and Central Asia
135.3
248.9
424.1
313.0
104.0
172.8
Latin America and the Caribbean
93.8
68.7
208.3
181.9
173.7
318.6
Middle East and North Africa
19.4
14.5
29.6
21.0
29.2
26.2
South Asia
28.7
77.1
116.3
64.8
86.2
111.6
Sub-Saharan Africa
33.6
38.7
53.4
42.6
46.4
53.4
Net private and official inflows by region:
Sources: World Bank Debtor Reporting System.
net inflow from bilateral creditors continued its upward trajectory (table 5). For much of the past decade flows from bilateral creditors have been negative, a consequence of large payments, and in some instances pre-payments, by a number of middle-income countries on debt restructuring agreements concluded in prior years with Paris Club creditors. Additionally it reflects the fact that most OECD countries provide a large share of their bilateral assistance in the form of official grants, particularly to low-income countries with little or no access to market based financing. In 2009 the net inflow on loans from bilateral creditors turned sharply positive and they rose by a further 76 percent in 2010, driven by the emergence of a new, and important, group of bilateral creditors, in particular China. The 20 percent decline in the net inflow on loans from multilateral institutions in 2010 resulted almost entirely from the precipitous drop in developing countries’ net new purchases from the IMF which more than offset the 45 percent rise in the net inflow on loans from IBRD. Although in aggregate net financing from the IMF in 2010 was broadly the same as in 2009, around SDR 20 billion, much of it was directed at high-income countries outside the scope of the World Bank Debtor Reporting System. When the IMF is excluded, net financing from multilateral institutions was down by only 3 percent from its 2009 level. Since the onset of the most recent global economic crisis countries in Europe and Central Asia and Latin America and the Caribbean have commanded the lion’s share of net loan inflows from official creditors. They received 39 percent and 25 percent, respectively, of the $181 billion in aggregate net inflows on loans from official
creditors in 2008–10. South Asia and SubSaharan Africa each received around 15 percent of the total and only a negligible 5 percent went to countries in East Asia and the Pacific and the Middle East and North Africa. Gross disbursements from multilateral institutions, (defined as IMF purchases and disbursements on loans from multilateral creditors) increased by 120 percent between 2007 and 2009. The dominant factor behind this rapid rise was member countries’ purchases from the IMF; which rose fourteen fold to $27 billion in 2009 (from $2 billion in 2007). Disbursements from IBRD and IDA rose 73 percent over this period, and this pattern was mirrored in the increased level of lending by regional development banks—collectively their disbursements rose 59 percent from 2007 to 2009. In 2010 there was sharp reversal of the upward trend although IBRD registered a 19 percent increase in gross loan disbursements. (See Annex A for more information on IBRD and IDA financing in 2010). In contrast IMF purchases dropped 41 percent and gross disbursements from other multilateral institutions were down by 9 percent over the previous year. Gross disbursements on loans from bilateral creditors rose by 70 percent between 2007 and 2009 and, in contrast to multilateral flows, continued on an upward trend in 2010, rising by a further 23 percent to $34 billion, equivalent to almost 30 percent of 2010 gross flows from official creditors (figure 4). Intra-developing country lending, or so-called South-South flows have been a driving force behind the rise in lending by bilateral creditors and new commitments, a leading indicator of the level of future disbursements, suggests it continue to accelerate. Between 2007 and 2010 bilateral creditors signed
5
D E V E L O P M E N T
F I N A N C E
2 0 1 2
Figure 3. Net Debt Flows by Creditor and Borrower Type, 2001–10 a. By creditor type $ billions 500 400 300 200 100 0
10
09
20
08
20
07
20
06
Official creditors
20
05
20
04
20
03
20
02
20
20
20
01
–100
Private creditors
b. By borrower type $ billions 500
400
300
200
100
0
10
09
20
20
07 20 08
20
05 20 06
04
20
20
20 03
20 02
–100
20 01
G L O B A L
Private sector nonguaranteed borrowers Public and publicly guaranteed borrowers Source: World Bank Debtor Reporting System.
new loan agreements totaling around $135 billion of which China alone accounted for close to one third. Most bilateral loans are for the financing of large infrastructure projects.
Resurgence of Lending by Private Creditors in 2010 Net debt inflows from private creditors rose more rapidly than any other category of capital flows to developing countries in 2010. They surged to
6
$424 billion, from $86 billion in 2009, only 10 percent below their pre-crisis peak in 2007. Net medium-term financing rose 119 percent in 2010, underpinned by strong inflows on bonds which more than doubled, to $111 billion, on the back of resurgence in new issuance by public and private sector borrowers. There were also several new entrants to the international capital market in 2010, including Albania, Belarus, Georgia, Jordan, Montenegro, and Vietnam. Net inflows from banks and other private institutions showed signs of recovery, rising by 123 percent, to $44.1 billion, albeit from a relatively low base, $19.8 billion in 2009. It was however, short-term, trade related, debt inflows that were dominant, accounting for 65 percent net inflows from private creditors in 2010. They soared to an all-time high of $269 billion, a massive jump over the $14 billion recorded in 2009 and 60 percent higher than their previous, pre-crisis high of $168 billion in 2007 (figure 5). The rise in short term debt mirrored the upsurge in imports by developing countries which increased by 27 percent in US dollar terms in 2010 to $6 trillion, and closely correlated with the strong rebound in growth in the largest emerging markets. Short term inflow to the top ten borrowers was $220 billion, 80 percent of the total inflow of $269 billion in 2010: half of this went to China where imports rose 34 percent in US dollar terms in 2010. All regions recorded positive short term debt inflow in 2010, but the primary recipients were the East Asia and Pacific and Latin America and the Caribbean regions, which accounted for 53 percent and 25 percent respectively of total short-term debt inflows to developing countries in 2010. There was a marked turnaround in Europe and Central Asia, where net inflows rose to $46 billion, from an outflow of $38 billion in 2009, driven by renewed trade flows to Russia and Turkey and, to a lesser extent, Ukraine (table 6). China accounted for 75 percent of net short-term debt inflow to the East Asia and Pacific region, Argentina, Brazil, and Mexico for 86 percent of inflow to Latin America and the Caribbean, and Turkey for 62 percent of that to Europe and Central Asia. Both public and private sector borrowers benefitted from the recovery in medium term financing from banks and other financial institutions, often export or project related financing benefitting from the guarantee of an export credit
O V E R V I E W
Table 5. Net Official Loan Financing to Developing Countries, 2001–10 $ billions 2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
Total official creditors
30.9
6.9
–12.0
–24.3
–64.3
–69.0
1.5
29.5
80.5
71.2
Bilateral
–3.6
–8.2
–13.8
–12.2
–31.7
–45.8
–10.6
–1.9
6.7
11.9
Multilateral
34.5
15.2
1.8
–12.1
–32.6
–23.2
12.1
31.4
73.7
59.4
2.4
–6.0
–7.7
–4.0
–3.0
–5.3
–0.4
2.7
11.8
17.1
of which IBRD IDA
5.0
5.5
5.0
6.4
5.6
5.0
5.5
4.6
6.5
5.3
IMF
19.5
14.2
2.4
–14.7
–40.2
–26.7
–5.1
10.8
26.8
13.8
..
0.3
0.4
1.1
1.2
1.2
1.9
2.1
2.5
2.2
Memorandum item: IDA grants
Sources: World Bank Debtor Reporting System and Organisation for Economic Co-operation and Development.
Figure 4. Gross Inflows from Bilateral and Multilateral Creditors to Developing Countries, 2005–10 $ billions
Figure 5. Net Private Debt Flows by Creditor Type, 2001–10 $ billions 300
45
250
40 35
200
30
150 25
100
20 15
50
International Monetary Fund International Bank for Reconstruction and Development International Development Association Other multilateral Bilateral
10
09
20
08
20
07
20
06
20
05
20
04
20
03
20
20
01
20
20
10 20
09 20
20
20
20
20
08
–50
07
0
06
0
05
5
02
10
Bonds Banks and other private Net short-term debt flows Source: World Bank Debtor Reporting System.
Source: World Bank Debtor Reporting System.
agency. Net inflow to public sector borrowers almost doubled in 2010, from $10 billion to $19.5 billion, while those to private sector borrowers, $24.6 billion, were 60 percent higher than in 2009, but still only around 20 percent of their peak 2007 level. The upturn in net inflow was fueled by a 20 percent rise in gross disbursements in 2010 to $350 billion, a marked turnaround from the 38 percent decline in comparable disbursements recorded in 2009. Consistent with the pattern of the past decade in volume terms
gross disbursements to private sector borrowers far outweighed those to public sector borrowers: $300 billion, equivalent to 85 percent of the 2010 total. Maturities on medium-term bank loans typically average 5 years and, consequently, the large volume of gross disbursements to private sector borrowers has been accompanied by a rapid escalation in principal repayments. They increased to $276 billion in 2010 triple their 2000 level (figure 6). A combination of favorable pricing conditions and investors’ continued search for yield led to a record level of activity in international bond
7
D E V E L O P M E N T
F I N A N C E
2 0 1 2
Table 6. Net Short-Term Debt Flows to Developing Countries, 2007–10 $ billions 2007
2008
East Asia and the Pacific
52.1
Europe and Central Asia
72.5
Latin America and the Caribbean Middle East and North Africa South Asia Sub-Saharan Africa
2009
2010
–11.4
63.5
141.5
–6.9
–38.5
45.5
23.0
5.7
–4.5
67.2
3.5
–4.2
1.6
1.1
12.9
7.9
2.6
11.7
4.3
4.5
–9.9
1.5
All developing Countries
168.3
–4.4
14.7
268.5
Top ten borrowing countries
100.9
–13.9
27.1
220.3
Sources: World Bank Debtor Reporting System and Bank for International Settlements.
Figure 6. Gross Medium-Term Commercial Bank Flows to Developing Countries, 2000–10 $ billions 500 450 400 350 300 250 200 150 100 50
to almost 50 percent, up from 35 percent in 2009 (table 7). Countries in Europe and Central Asia led the way in sovereign and public sector bond issues. They raised a total of $32 billion in international bond markets in 2010, more than double the $15 billion issued in 2009, including debut issues totaling $3.6 billion by Albania, Belarus, Georgia, Jordan and Montenegro. The Russian government returned to the markets for the first time since 1998 with a $5.5 billion 5 and 10 year note and Ukraine came back to the Eurobond market for the first time since 2007 with $1.5 billion 10 year note and a $0.5 billion 5 year issue. Sovereign bond issuance jumped significantly in the Middle East and North Africa, where in addition to Lebanon, Egypt, Jordan, and Morocco came to the market in 2010. In South Asia public sector borrowers in India accounted for most of the sharp increase, but Sri Lanka returned to the market in October 2010 with a $1 billion 10 year sovereign bond issue. Latin America and the Caribbean region led corporate bond issuances, accounting for 62 percent of corporate bond issuances by all developing countries in 2010. The private sector in Brazil was the dominant player: with total issuances of $32 billion of which around half were placed by the financial sector and the other half by large Brazilian companies, including Telemar Norte Leste ($1.1 billion) and Vale ($1.8 billion) the world’s largest exporter of iron ore. In Mexico corporate bond issuances rose to $11 billion (from $5 billion in 2009), while in
10 20
09 20
08 20
07 20
06 20
05 20
00
0
20
G L O B A L
Gross disbursements, public borrowers
Table 7. Bond Issuances by Developing Countries, 2009–10
Gross disbursements, private sector borrowers
$ billions
Principal payments, public borrowers
Sovereign borrowers
Principal payments, private sector borrowers
2009
Source: World Bank Debtor Reporting System.
issuances by emerging markets in 2010. New issues by sovereigns, public sector, and corporate borrowers combined rose to $173 billion, an increase of 62 percent over 2009 and 8 percent above their 2007 pre-crisis level. The main driver was issuances by corporate borrowers in developing countries, which increased by 130 percent in 2010 and brought their share of total 2010 bond issuances
8
Corporate borrowers
2010
2009
2010
East Asia and the Pacific
13.9
12.9
2.7
15.3
Europe and Central Asia
15.3
32.0
3.2
16.5
Latin America and the Caribbean
32.5
22.4
28.6
53.0 0.0
Middle East and North Africa
2.9
5.5
0.2
South Asia
2.3
12.1
2.5
1.3
Sub-Saharan Africa
2.2
2.0
0.0
0.0
All developing countries
69.1
86.9
37.2
86.1
Top ten borrowers
35.2
48.5
30.7
73.8
Source: World Bank Debtor Reporting System.
O V E R V I E W
Figure 7. Key Debt Indicators: Trend 2000–10 percent 140 120 100 80 60 40 20
20 10
20 09
20 08
07 20
20
06
0
05
oncomitant with the rise in debt related inflows in 2010 the combined stock of developing countries’ external debt increased by 12 percent from $3,640 billion to $4,076 billion. At the regional level there were marked differences with the outstanding obligations of countries in East Asia and the Pacific rising by, on average, 21 percent, while those of countries in the Middle East and North Africa increased by only 2 percent over the prior year’s level. Rising external debt stocks do not necessarily translate into an increased debt burden. That will also depend on the extent to which with the rate of growth of income and export earnings outpaces the accumulation of new external obligations. Developing countries external debt indicators, measured in terms of gross national income (GNI) and export earnings, improved markedly from 2000 to 2008. Export earnings rose sharply due to increased export volume and the high international prices for primary commodities and the rotation of international capital flows from debt to equity and, in the case of low-income countries, large scale forgiveness of external debt obligations in the context of the HIPC and MDRI also played an important role in reducing external debt burdens. Total external debt outstanding for all developing countries reporting to the World Bank Debtor Reporting System measured as a ratio of exports, was 59.3 percent in 2008, less than half the 128.5 percent recorded in 2000. Measured against developing countries’ GNI, it dropped from 37.8 percent to 21 percent over the same period. The past two years have been something of a roller-coaster. In 2009 sharply reduced developing countries’ exports, down almost 20 percent
20
C
00
External Debt Burden of Developing Countries—Selected Indicators
from their 2008 level, combined with increased external borrowing to finance current account deficits and fiscal stimulus measures, pushed the ratio of total external debt outstanding to exports back up to 77 percent, its highest level since 2005. The ratio of outstanding external debt to GNI also rose, reflecting the 2 percent decline in developing countries’ combined GNI. In 2010 the rapid rebound from the global economic crisis by many developing countries pushed GNI up by an average of 20 percent while their combined export earnings rose by 26 percent with concomitant improvement in the ratio of debt to GNI and to export earning to 21 percent and 69 percent, respectively, for all developing countries combined (figure 7). At the regional level an improvement in the ratio of external debt to export earnings in 2010 was recorded by all six regions, but the ratio remains above its 2008 level. With the exception of East Asia and Pacific, all regions also saw an improvement in the ratio of external debt to GNI in 2010 and in two regions, Middle East and North Africa and South Asia, it was lower than in 2008. East Asia and Pacific has the lowest debt
20
Peru they rose to $3 billion, three times the level of the previous year, with both Peruvian banks and companies active in the Eurobond markets. In East Asia and the Pacific region and Europe and Central Asia the major players were Chinese and Russian corporations, which each raised $12 billion in 2010. Power and construction companies were the big borrowers in China. In Russia blue chip companies like steelmaker Severstal, shipbuilder Sovcomflot, and banks like Alfa Bank led the way.
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Sources: World Bank Debtor Reporting System and the International Monetary Fund.
9
D E V E L O P M E N T
F I N A N C E
2 0 1 2
burden measured against both GNI and export earnings, despite the sharp increase in debt outstanding in 2010. Countries in Europe and Central Asia are, on average, the most heavily indebted of all developing countries and were the ones severely impacted by the global economic crisis. This is reflected in the marked deterioration in the ratio of external debt to GNI and to export earnings in 2009: both ratios improved in 2010 to 43 percent and 122 percent, respectively, despite a moderate, 5 percent, increase in the stock of outstanding debt, but remained well above their 2008 level. The ratio of debt to exports for the top 10 borrowing countries combined is broadly the same as that for other developing countries, but they have a much lower debt burden measured in relation to GNI, an average of 18.4 percent in 2010 compared to an average of 27.9 percent for other developing countries (table 8). Developing countries have seen a marked and almost continuous improvement in the sustainability of their external debt, measured by the ratio of external debt service to export earnings over the past decade. This held true in 2010, despite the 12 percent increase in developing countries’ external debt obligations and parallel shift in the maturity composition and rise in short term debt, as a share of total outstanding external debt, to 25 percent, from 21 percent in 2009. The average debt service to export ratio for all developing countries com-
bined was 9.8 percent, compared to 10.8 percent in 2009. The average debt service to export ratio for middle income countries in 2010 (10 percent) was below half its level in 2000 (21 percent). Even more striking is the improvement in low-income countries: their average debt service to export ratio has been reduced to 4.8 percent in 2010, from 17.2 percent in 1995 (figure 8). In part this is a consequence of increased exported earnings but also a direct outcome of debt restructuring and outright debt relief from official and private creditors in the context of the HIPC and MDRI (box 1).
Trends in Equity Flows 2010
N
et equity inflows (direct investment and portfolio investment combined) in developing countries totaled $635 billion in 2010, up 25 percent from their level in 2009 and approaching their record level of $667 billion in 2007 (figure 9). Foreign direct investment at $506 billion remained the single largest component of capital flows to developing countries. However, it rose far less rapidly than debt related inflows, and its share of total net capital flows to developing countries fell from 59 percent in 2009 to 45 percent in 2010.
Figure 8. Debt Service to Exports Ratio, 1995–10 percent
Table 8. Debt Indicators for Developing Country Regions
25
percent 20 Debt Outstanding/GNI
Debt Outstanding/Exports
Country group
2008
2009
2010
2008
2009
2010
East Asia and the Pacific
12.9
13.1
13.5
30.6
39.7
37.0
Europe and Central Asia
37.3
47.7
43.0
97.2 140.6 121.6
Latin America and the Caribbean
21.2
23.3
21.7
84.5 109.4 102.1
15
10
94.3
Sub-Saharan Africa
21.2
22.4
20.0
48.8
66.1
54.0
Top ten borrowers
18.6
19.5
18.4
59.6
76.5
67.9
Other developing countries
27.1
29.7
27.9
58.8
77.8
70.0
Sources: World Bank Debtor Reporting System and International Monetary Fund.
10
0
20 10
42.5
20 09
43.0
84.3 107.7
20 08
34.9
19.2
20 07
14.1
20.7
20 06
15.2
21.0
20 05
14.9
South Asia
5
20 00
Middle East and North Africa
19 95
G L O B A L
Low-income countries Middle-income countries Sources: World Bank Debtor Reporting System and International Monetary Fund.
O V E R V I E W
Box 1. Debt Restructuring with Paris Club Creditors, 2010
Developments in 2010 The Paris Club concluded debt restructuring agreements with seven countries reporting to the World Bank Debtor Reporting System in 2010, all of which were low-income countries eligible for the Heavily Indebted Poor Country (HIPC) Initiative. These agreements restructured a total of $13.2 billion (table B1.1). Five countries, Afghanistan, the Democratic Republic of the Congo, the Republic of Congo, Liberia, and Togo reached the HIPC Completion Point in 2010 and concluded a stock of debt treatment that marked an exit from the Paris Club rescheduling process. Most of the debt treated by the Paris Club in 2010 related to claims on these countries. In aggregate $13 billion was restructured under these five, stock of debt, exit agreements of which $8.9 billion was cancelled. The share of debt cancelled for each debtor country was dictated by the common (debt) reduction factor: i.e. the effort required by each creditor to lower a country’s external debt indicators to the levels set by the HIPC criteria. However, Paris Club creditors signaled their intension to cancel, on a bilateral basis, all of their remaining bilateral claims, thereby providing 100 percent debt relief to each country. Comoros reached the HIPC Decision Point on June 29, 2010 and became eligible for debt relief on Cologne terms (90 percent net present value reduction). The agreement concluded in August 2010 topped up the 67 percent debt relief (in net present value) accorded under the agreement of November 2009 to 90 percent (in net present value). The 2009 agreement restructured a total of $13 billion in arrears of principal and interest as of June 30, 2009 and maturities falling due from July 2009 up to June 30, 2012. Guinea-Bissau concluded an agreement in July 2010 to restructure a total of $171 million, following approval, in May 2010 of a new three year arrangement under the IMF Extended Credit Facility. GuineaBissau reached the HIPC Decision Point in December 2000. The agreement, concluded on Cologne terms (90 percent net present value reduction), restructured arrears of principal and interest as of December 31, 2009 and maturities falling due from January 1, 2010 to December 31, 2012. It cancelled $54 million and rescheduled $117 million over the three year consolidation period. Given the country’s very limited payment capacity, creditors also agreed, on an exceptional basis, to defer the repayment of maturities and a significant share of arrears on short term and post-cut-off date debt (contracted after December 1986) and interest on restructured debt until after December, 2012. These measures reduced by 98 percent debt service due to Paris Club creditors between January 1, 2010 and December 31, 2012. Table B1.1. Agreements with Paris Club Creditors, January 1, 2010–December 31, 2010 Amount (millions of dollars) Country
Signature date (2010)
Cut-off date
Total
Rescheduled
Consolidation period
Cancelled
Concessionality (percent of npv)
Start
End
Afghanistan
17-Mar
Jun-99
1,027
585
442
90
stock
Comoros
13-Aug
Jun-99
13
12
1
90
Jun-10
Jun-12
Congo, Dem. Rep.
25-Feb
Jun-83
2,957
1,647
1,310
90
Jul-09
Jun-12
Congo, Dem. Rep.
17-Nov
Jun-83
7,528
1,479
6,049
90
stock
Congo, Rep.
18-Mar
Jan-86
2,474
1,493
981
90
stock
Guinea-Bissau
06-Jul
Dec-86
171
117
54
90
Jan-10
Liberia
16-Sep
Jan-83
1,366
107
1,258
90
stock
Togo
16-Dec
Jan-83
611
408
202
90
stock
Dec-12
Source: Paris Club Secretariat. Note: In 2010 Paris Club creditors also concluded an agreement with Antigua and Barbuda. Since this country does not borrow from the World Bank it is not required to report to the World Bank Debtor Reporting System.
The 2010 recovery in FDI inflows, following their 36 percent fall in 2009, was driven by improvements in the global investment environment, a revival in corporate earnings, and
increased South-South investment, i.e. investment by one developing country in other. Much of the increase came from cross-border mergers and acquisitions (M&A), which typically react more
11
2 0 1 2
Figure 9. Net Equity Flows to Developing Countries, 2001–10
Box 2. China—Revised Data Series for Foreign Direct Investment Inflows, 2005–10
10
09
20
08
20
07
20
20
06
05
Net FDI inflows
20
20
04
03
20
02
20
20
01
–100
Net portfolio equity inflows
Sources: International Monetary Fund and World Bank estimates.
rapidly to changes in economic conditions than green field investment, and from higher reinvested earnings. The latter accounted for over one-third of FDI inflows in 2010. South-South investment, particularly from Asia, rose to an estimated 34 percent of total FDI inflows to developing countries in 2010, up from 25 percent in 2007. The increase in FDI inflows was broad based, with a large number of countries reporting higher FDI inflows, but the pace of recovery was less robust than the 30 percent increase in aggregate net FDI inflows in 2010 would seem to imply. This is because the overwhelming share of FDI inflows went to China, which rose by 62 percent to $185 billion. Excluding China, FDI inflows to developing countries rose by a more moderate 12 percent in 2010. China recently made important revisions to its official government statistics for 2005-2010 (box 2). According to the revised data, between 2005 and 2010 China received 30 percent of aggregate FDI inflows to the 129 developing countries reporting to the World Bank DRS. It is now the single largest recipient of FDI inflows among both developed and developing countries. China’s manufacturing sector is the primary recipient of FDI inflows; it received $70 billion in 2010, a 50 percent increase over the comparable figure for 2009, while FDI inflows into the financial sector and real estate sector were up 300 percent and 78 percent to $12 billion and $21 billion, respectively.
12
Figure B2.1. Revisions to China’s FDI inflows, 2005–10 $ billions 200 180 160 140 120 100 80 60 40 20 0
Previously reported
10
0
20
100
09
200
20
300
08
400
20
500
07
600
In 2011 China’s State Administration of Foreign Exchange (SAFE) significantly revised the official capital account statistics for 2005–10 following implementation of new accounting standards and methodology. The most important change was in respect of inflows of foreign direct investment which were subject to an upward revision of between 20–75 percent for the period 2005–10 (figure B2.1). According to SAFE, the primary reason for the revision was improved measurement of reinvested earnings by multinational corporations, hitherto not fully captured in government reports. According to the new data FDI inflows to China were $185 billion in 2010, equivalent to 37 percent of total FDI inflows to the 129 developing countries reporting to the World Bank Debtor Reporting System.
20
700
06
800
20
$ billions
05
F I N A N C E
20
D E V E L O P M E N T
20
G L O B A L
Revised data series
Source: China State Administration of Foreign Exchange.
All but two of the top ten developing country recipients of FDI registered increased inflows in 2010 (figure 10). Inflows to Brazil were up 87 percent on the back of the country’s strong fundamentals while Indonesia’s growth prospects, improved credit ratings, and large domestic
O V E R V I E W
Figure 10. Net Foreign Direct Investment Inflows to Major Recipients, 2009–10 $ billions China Brazil Russia India Mexico Chile Indonesia Kazakhstan Malaysia Turkey 0
50
100 2009
150
200
2010
Sources: International Monetary Fund and World Bank estimates.
market proved an attractive draw. FDI increased by 173 percent over its 2009 level, directed primarily at transport and communications as well the more traditional mining sector. Malaysia recorded a fivefold increase in investment into its oil and gas and financial sectors in 2010. In sharp contrast FDI inflows to India continued on a downward path, falling by a further 32 percent, on top of the 18 percent decline registered in 2009. Policy and procedural issues, delays in opening the retail and insurance sectors to foreign investors, poor infrastructure, licensing issues, and a series of widely reported corruption cases are cited as factors behind investors’ reticence to commit to new long-term investments. FDI inflows to Kazakhstan were also down sharply (27 percent) in 2010. The concentration of FDI inflows to developing countries increased further in 2010 with the top ten recipients increasing their share to 73 percent (from 67 percent in 2009). That said, a wide group of countries, particularly at the lower end of the income scale, reported increased FDI inflows in 2010. Low-income countries as a group saw FDI inflows increase by almost 40 percent in 2010 in largely part due to rising South-South investment in extractive industries and infrastructure development. Portfolio equity flows are the most highly concentrated of all capital flows to developing
countries. Between 2005 and 2010, investors provided $492 billion in portfolio equity inflows of which 99 percent went to 10 developing countries, but just 3 countries, China, Brazil and India, received 73 percent (table 9). Portfolio equity flows recovered rapidly from the impact of the global financial crisis, particularly in emerging markets viewed as having good growth prospects. Net inflows totaled $108 billion in 2009, a spectacular turnaround from the $53 billion outflow in 2008 and were up by an another 18 percent in 2010 to $128 billion as investor concerns about the severity of the impact of the global crisis on the corporate sector in emerging markets abated: stock markets in several emerging markets hit record levels in 2010. While the recovery in portfolio flows can be seen as beneficial there were concerns that a rapid surge may generate inflationary pressures and have the potential to destabilize currencies and domestic financial markets. Against this backdrop a number of countries took measures designed to slow the pace of portfolio equity inflows in 2010 and the aggregate pace of increase masks very disparate trends in individual countries. Among the top three recipients, inflows to Brazil were only marginally higher than in the previous year, and in China they slowed considerably, rising by only 10 percent, compared to their 225 percent rise in 2009. In sharp contrast portfolio equity flows to India surged to $40 billion, a 90 percent increase from 2009 with investors attracted by the country’s strong growth and high rate of return on Table 9. Net Inflow of Portfolio Equity, Top Ten Recipients, 2005–10 $ billions 2005
2006
2007
2008
2009
2010
China
20.3
42.9
Brazil
6.5
7.7
18.5
8.7
28.2
31.4
26.2
–7.6
37.1
India
12.2
37.7
9.5
32.9
–15.0
21.1
40.0
South Africa Turkey
7.2
15.0
8.7
–4.7
9.4
5.8
5.7
1.9
5.1
0.7
2.8
Thailand
3.5
5.1
5.2
4.3
–3.8
1.3
Vietnam
3.4
0.1
1.3
6.2
–0.6
0.1
2.4
Russia
–0.1
6.5
18.7
–15.0
3.4
–4.8
Indonesia
–0.2
1.9
3.6
0.3
0.8
2.1
3.4
2.8
–0.5
–3.5
4.2
0.6
Top ten recipients
60.2
94.7
123.7
–40.5 108.4
122.1
Total all developing countries
67.5 107.7
133.0
–53.4 108.8
128.4
Mexico
Sources: International Monetary Fund and World Bank estimates.
13
G L O B A L
D E V E L O P M E N T
F I N A N C E
2 0 1 2
in the dollar value of export earnings. The ratio of outstanding debt to export earnings improved to 37 percent from 40 percent in 2009 and remained the lowest of all six regions. Short term debt as a share of total debt is high, 46 percent, but risks are mitigated by the stock of international reserves: at end 2010 they were 333 percent of external debt stock. Net debt inflows from private creditors soared to $176 billion, from $65 billion in 2009, on the back of a massive increase in net short term debt inflows and a rapid rise in medium term financing. Borrowers across the region reported net short term debt inflow, but China dominated the trend: its net short term debt inflow doubled in 2010 to $107 billion, equivalent to 76 percent of the regional total. Other countries reporting a sharp rise were Malaysia $11 billion (from $0.9 billion in 2009), Indonesia $7.2 billion (double the 2009 level), and the Philippines $2.3 billion (a marked turnaround from the net outflow of –$3 billion in 2009). Asian borrowers again took advantage of improved market conditions to issue $28 billion in bonds in 2010 of which 55 percent was issuance by private sector borrowers. Of this Chinese corporates, mainly power and construction
investments. When India is excluded, net portfolio equity flows to developing countries rose by only 1 percent in 2010. For other countries the story was mixed, with a net outflow of $5 billion from Russia and sharp falls in inflows to Mexico and South Africa offset by large increases to Nigeria and a number of Asian borrowers, including Indonesia, Thailand, and Vietnam.
Regional Developments and Trends East Asia and the Pacific Net capital flows to the region rose 90 percent in 2010 to a record high of $447 billion, almost 50 percent above their pre-crisis level although still below their peak in terms of GNI, 5.9 percent compared to 6.5 percent in 2007. The surge in inflows was driven by a sharp rebound in equity flows, particularly FDI, and a jump in short term, trade related, inflow to an unprecedented $142 billion, approaching three times its previous high in 2007 (table 10). The stock of external debt rose 21 percent in 2010, but this was offset by a 30 percent increase
Table 10. Net Capital Inflows to East Asia and the Pacific, 2001–10 $ billions Inflows
2002
2003
2004
2005
2006
2007
2008
81.6
49.6
75.9
4.6
2.5
3.4
127.0
209.0
238.6
301.6
4.8
6.9
6.5
6.5
Net equity inflows
50.7
63.2
69.3
89.7
168.1
207.9
Net FDI inflows
48.9
59.4
1.8
3.8
56.8
70.4
142.4
12.5
19.3
25.7
30.9
–13.6
6.6
37.3
Official creditors
3.1
World Bank
0.9
–7.7
–7.2
–1.7
–1.5
–2.5
–2.7
Other official
4.7
Private creditors
Net private and official inflows Percent of GNI
Net portfolio equity inflows Net debt flows
IMF
Net medium and long term debt flows Bonds Banks and other private Net short term debt flows Change in reserves (- = increase)
2001
2009
2010
211.7
235.3
447.1
3.6
3.7
5.9
234.0
206.8
166.3
268.2
151.7
198.9
214.1
137.5
227.7
56.2
35.1
–7.3
28.9
40.5
40.9
30.7
67.6
4.9
69.0
178.9
–5.2
–3.3
–9.3
–3.4
–1.0
3.7
3.4
–1.9
–0.6
–0.4
–0.3
1.2
2.2
2.7
–0.5
–1.6
–1.6
–8.5
0.0
0.0
0.1
0.0
–3.3
–5.2
–1.7
–1.1
–0.4
–3.1
–2.1
1.3
0.8
27.9
–5.9
13.8
42.5
44.2
40.0
71.0
5.9
65.3
175.5
–13.5
–12.3
–10.3
9.1
9.3
14.9
19.0
17.3
1.8
33.9
0.4
0.1
1.7
9.6
10.1
4.0
1.2
1.2
8.4
20.8
–13.9
–12.4
–12.0
–0.4
–0.7
10.9
17.8
16.1
–6.6
13.1
41.4
6.5
24.1
33.4
34.8
25.1
52.1
–11.4
63.5
141.5
–49.8
–92.8
–139.8
–237.1
–217.7
–295.4
–541.2
–432.2
–535.0
–551.0
21.0
27.0
32.3
40.0
50.3
57.4
71.0
85.4
86.0
92.0
Memorandum items Workers remittances
Sources: World Bank Debtor Reporting System; International Monetary Fund; Bank for International Settlements; and Organisation for Economic Co-operation and Development.
14
O V E R V I E W
companies, accounted for three quarters. Corporates in the Philippines and Thailand raised $1 billion and $1.9 billion respectively. Amongst public sector borrowers the Philippines was the most active with total issuance of $6.6 billion, 21 percent higher than 2009 and Vietnam came to the market with a debut $1 billion sovereign bond. For most countries in the region financing from official creditors is limited. The exception is Vietnam, where gross disbursements from official creditors accounted for 72 percent of those to public sector borrowers in 2010. It was the third largest recipient of IDA disbursements in 2010 ($0.9 billion) and received disbursements of $0.7 billion from IBRD. Net equity flows rose by 61 percent in 2010, underpinned by a 66 percent increase in FDI inflows and 40 percent rise in portfolio equity inflows. China dictated the trend, accounting for 81 percent of FDI inflows and 78 percent of portfolio equity inflows to the region in 2010. Indonesia’s growth prospects, improved credit ratings, and large domestic market attracted investors and FDI increased 173 percent over its 2009 level to $13 billion, directed at transport, communications and the mining sector and FDI into Malaysia’s oil and gas and financial sectors jumped to $10 billion from $1 billion in 2009. Net portfolio flows to China grew by a relatively moderate 11 percent, but those to the rest of the region surged to $9.1 billion ($0.7 billion in 2009) with Indonesia ($2.1 billion), Thailand ($3.4 billion) and Vietnam ($2.4 billion) the principal beneficiaries.
Europe and Central Asia Net capital inflows increased 66 percent in 2010 to $173 billion, 5.8 percent of GNI, with debt inflows from private creditors both short-term debt and bond issuance more than offsetting the reduction in inflows from official creditors and continued declined in net equity flows. Despite this rebound net capital flows were only 40 percent of their pre-crisis level (table 11). Countries in the region are, on average, the most heavily indebted of all developing countries, but the ratio of external debt stock to exports improved to 122 percent from 141 percent in 2009 as growth picked up and exports earnings rose 17 percent in dollar terms over their 2009 level. However, increased debt service payments, particular on debt contracted by private sector
borrowers prior to the crisis keep the external debt service to export ratio unchanged at 24 percent. Financing from official creditors slowed considerably in 2010 with gross disbursements down 30 percent from 2009. The primary factor was the reduction in purchases (disbursements) from the IMF by Romania and Ukraine which totaled $9.1 billion in 2010 compared to $15.6 billion in 2009. Gross disbursement by other multilateral creditors fell by 8 percent in 2010 although those from IBRD rose 8 percent to $5.4 billion, of which Turkey received just over half. Bond issuances by both public and private agencies soared to $49 billion from $18 billion in 2009. Issuance by public sector borrowers more than doubled from $15 billion in 2009 to $32 billion while that of private sector borrowers rose almost six fold from $3 billion in 2009 to $17 billion. Russia was the main driver, where issuance by its public sector borrowers totaled $16 billion in 2010, including a sovereign issue of $5.5 billion in 5 and 10 year notes, the first since 1998 and Russian corporate issuance totaled $12 billion. Ukraine came back to the Eurobond market for the first time since 2007 and there were debut sovereign issues by Albania, Belarus, Georgia and Montenegro. Most countries reported increased short term debt inflows in 2010, but they were heavily concentrated: Turkey accounted for 62 percent of the regional total. Russia and the Ukraine reported short term debt inflows of $6.8 billion and $6.4 billion, respectively in 2010 compared to outflows of $22.3 billion and $1.1 billion in 2009. Medium term flows from banks returned to negative territory in 2010 with an outflow of $7.9 billion, from an inflow of $16.4 billion in 2009. Gross disbursements increased 10 percent, but were offset by a 30 percent rise in principal repayments, notably by private sector borrowers in Russia and the Ukraine, on loans contracted prior to the global economic crisis. FDI inflows to the region in 2010 were little changed from their 2009 level. Although they rose 20 percent in Russia, the third largest recipient of FDI among developing countries, to $45 billion they remained well below their 2008 level ($75 billion) and in Kazakhstan they fell 30 percent as investment into the hydro-carbon sector slowed and other investment in other sectors failed to take off. The 2009 resurgence in portfolio equity
15
G L O B A L
D E V E L O P M E N T
F I N A N C E
2 0 1 2
Table 11. Net Capital Inflows to Europe and Central Asia, 2001–10 $ billions Inflows
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
Net private and official inflows
21.4
38.1
82.9
104.1
135.3
248.9
424.1
313.0
104.0
172.8
3.1
4.8
8.3
7.9
8.1
12.3
16.1
9.7
4.1
5.8
Net equity inflows
14.6
17.1
25.6
44.4
58.6
106.6
163.2
146.9
92.3
85.4
Net FDI inflows
14.0
14.3
24.1
42.6
52.0
94.3
136.2
162.2
85.9
86.3
0.6
2.8
1.6
1.8
6.7
12.3
27.0
–15.3
6.4
–0.8
6.7
21.0
57.3
59.7
76.6
142.2
260.9
166.0
11.7
87.4
Official creditors
6.6
3.9
–4.9
–7.6
–28.5
–30.4
–2.3
12.0
35.7
22.6
World Bank
2.0
1.0
–0.3
1.0
–0.7
0.2
0.2
0.7
3.0
3.5
IMF
6.1
4.8
–2.0
–5.9
–9.8
–5.8
–5.0
7.0
20.5
9.4
–1.5
–1.9
–2.5
–2.7
–18.0
–24.8
2.6
4.3
12.2
9.8
Percent of GNI
Net portfolio equity inflows Net debt flows
Other official Private creditors Net medium and long term debt flows Bonds Banks and other private Net short term debt flows Change in reserves (– = increase)
0.2
17.1
62.2
67.2
105.1
172.6
263.2
154.1
–24.0
64.8
0.6
14.7
34.2
53.5
84.4
128.4
190.7
160.9
14.5
19.2
–0.4
3.1
7.3
14.6
16.8
34.0
60.0
16.4
–1.8
27.1
1.0
11.6
27.0
38.9
67.6
94.4
130.7
144.5
16.4
–7.9
–0.4
2.4
27.9
13.7
20.8
44.3
72.5
–6.9
–38.5
45.5
–11.3
–28.8
–49.3
–69.3
–87.3
–174.0
–227.5
57.9
–26.6
–66.2
8.7
8.8
9.1
12.7
19.7
24.9
38.7
45.0
36.1
36.0
Memorandum items Workers remittances
Sources: World Bank Debtor Reporting System; International Monetary Fund; Bank for International Settlements; and Organisation for Economic Co-operation and Development.
inflows to the region was not repeated. Inflows to Turkey rose 25 percent to $3.5 billion, but this did little to offset the collapse in comparable flows to Russia (the only other country in the region where portfolio equity flows are significant) which turned sharply negative: –$4.8 billion as compared to an inflow of $3.4 billion in 2009.
Latin America and the Caribbean Net capital flows to the region surged to $319 billion in 2010, 6.7 percent of GNI, well above their highest pre-crisis level. Driving this rebound was the fourfold increase in private capital flows, a rapid rise in net short term flows and turnaround in medium term bank financing, and a 44 percent increase in FDI inflows. The region was also one of only two (Sub-Saharan Africa the other) to record an increase in net debt inflows from official creditors in 2010 (table 12). The 16 percent increase in external debt stock in 2010 outpaced the rise in export earnings and the ratio of external debt stock to exports deteriorated to 102 percent, from 85 percent in 2008, but external debt stock in relation to GNI remained moderate at 22 percent. Net inflows from official creditors increased 20 percent over their 2009, much larger than to any other region, driven by higher gross disbursements
16
from bilateral and multilateral creditors, including a tripling of purchases (disbursements) from the IMF under ongoing programs with the Dominican Republic, Haiti, Jamaica and Nicaragua. Gross disbursements from IBRD continued their upward trajectory, but rose only 3 percent in 2010, as compared to their spectacular, 90 percent jump in 2009, and remained highly concentrated with 69 percent going to Argentina, Brazil and Mexico. Bond issuance by public sector borrowers totaled $22 billion, down 31 percent from its 2009 level, but issuance by private sector borrowers skyrocketed to $53 billion, two and a half times its 2009 level, of which $32 billion was issued by Brazilian corporates: divided half and half between the financial sector and the country’s largest companies, including Telemar Norte Leste and Vale. Corporate issuance in Mexico doubled to $11 billion and in Peru it tripled to $3 billion over 2009. Short term debt inflow soared to $67 billion, a record high and almost three times its pre-crisis level in 2007, but was highly concentrated with three countries, Argentina, Brazil and Mexico accounting for 86 percent of the regional total. Unlike most regions Latin America and the Caribbean also registered a sharp increase in the net inflow of medium term financing from commercial banks in 2010. These flows, which rose to $27 billion in 2010, from a
O V E R V I E W
Table 12. Net Capital Inflows to Latin America and the Caribbean, 2001–10 $ billions Inflows
2001
2002
2003
2004
2005
2006
2007
2008
2009
Net private and official inflows
86.2
52.6
59.8
57.9
93.8
68.7
208.3
181.9
173.7
4.5
3.1
3.3
2.8
3.7
2.3
5.9
4.4
4.5
6.7
Net equity inflows
74.4
56.8
46.2
66.3
85.8
83.0
139.3
120.4
119.9
153.9
Net FDI inflows
71.8
55.3
42.9
66.8
73.5
72.0
110.4
130.0
78.3
112.6
2.5
1.4
3.3
–0.6
12.2
11.0
28.8
–9.7
41.6
41.3
11.9
–4.2
13.5
–8.4
8.1
–14.3
69.0
61.6
53.8
164.7
Official creditors
20.6
12.4
4.7
–10.1
–31.3
–19.9
–1.1
6.5
17.9
21.4
World Bank
1.3
–0.6
–0.4
–1.0
–0.7
–3.4
–0.1
2.4
6.6
8.3
15.6
11.9
5.6
–6.3
–27.6
–12.1
0.0
0.0
0.4
1.3
Other official
3.8
1.1
–0.4
–2.9
–3.0
–4.4
–1.0
4.1
10.9
11.8
Private creditors
–8.8
–16.6
8.8
1.7
39.4
5.6
70.1
55.0
35.9
143.3
Percent of GNI
Net portfolio equity inflows Net debt flows
IMF
Net medium and long term debt flows
2010
318.6
6.6
–10.4
7.5
1.1
19.0
5.1
47.1
49.4
40.4
76.2
9.8
1.9
16.7
2.5
21.6
–11.2
12.6
9.0
40.7
48.8
Banks and other private
–3.3
–12.2
–9.2
–1.3
–2.6
16.3
34.6
40.4
–0.3
27.4
Net short term debt flows
–15.3
–6.2
1.3
0.6
20.4
0.5
23.0
5.7
–4.5
67.2
–0.9
–2.6
–35.6
–25.4
–34.4
–55.5
–137.8
–50.1
–54.1
–90.2
24.4
28.1
36.8
43.3
49.8
58.8
62.9
64.4
56.6
57.2
Bonds
Change in reserves (– = increase) Memorandum items Workers remittances
Sources: World Bank Debtor Reporting System; International Monetary Fund; Bank for International Settlements; and Organisation for Economic Co-operation and Development.
small outflow in 2009 went to both public and private sector borrowers, but were concentrated largely in Brazil and Mexico. FDI inflows rose 44 percent in 2010 to $113 billion, above their 2007 level, but still 13 percent below their peak in 2008. With the exception of Venezuela all countries in the region reported rising FDI flows in 2010. The main driver was Brazil where inflows rose to $48 billion, close to double their 2009 level on the back of the country’s very strong fundamentals. Mexico, the region’s second largest recipient of FDI, reported inflows of $19 billion, up 22 percent over their 2009 level. Following the surge in 2009, portfolio equity inflows slowed as countries across the region took measures aimed at mitigating risks of volatility associated with these flows. Inflow to Brazil, $37.7 billion, was largely unchanged from 2009 while inflow to Mexico dropped to $0.6 billion in 2010 from $4.2 billion in 2009.
Middle East and North Africa The region was the only one of the six regions to record a fall in net capital inflows in 2010. They fell 10 percent to $26.2 billion and 2.6 percent of GNI from 3.2 percent of GNI in 2009 on account of the decline in net equity flows. It was only par-
tially offset by the rapid rise in net debt inflows. Although these rose by 84 percent they constituted only 13 percent of total net capital flows to the region in 2010 (table 13). Debt indicators are moderate on account of the preponderance of equity in net capital flows to the region throughout the past decade and relatively robust export earnings. The ratio of debt stock to exports was 43 percent in 2010, lower than all other regions except East Asia and Pacific and international reserves are high in relation to external debt stock, 227 percent at end 2010. Net debt flows from official creditors fell 50 percent in 2010 to $1.2 billion driven down by a slowdown in gross disbursements to Egypt and Morocco, including a 33 percent reduction in IBRD disbursements to Morocco. This was in part offset by an increase in IBRD disbursements to other countries, but overall they fell by 13 percent to the region in 2010. The net inflow from other official creditors also dropped sharply in 2010, due to lower disbursements and increased principal payments, but it remained positive. For much of the past decade net flows from bilateral creditors were negative on account of large principal payments on debt restructuring agreements concluded in the nineties with Paris Club and other bilateral
17
G L O B A L
D E V E L O P M E N T
F I N A N C E
2 0 1 2
Table 13. Net Capital Inflows to Middle East and North Africa, 2001–10 $ billions Inflows
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
26.2
Net private and official inflows
4.4
10.3
13.5
12.9
19.4
14.5
29.6
21.0
29.2
Percent of GNI
1.2
2.7
3.3
2.7
3.6
2.3
3.9
2.3
3.2
2.6
Net equity inflows
3.9
7.6
10.2
10.4
19.2
28.2
25.5
29.6
27.3
22.7
Net FDI inflows
4.0
8.1
10.0
9.7
16.8
27.2
27.6
29.2
26.1
22.7
Net portfolio equity inflows
0.0
–0.5
0.2
0.7
2.4
1.0
–2.1
0.4
1.2
0.0
0.5
2.7
3.4
2.5
0.2
–13.7
4.1
–8.6
1.9
3.5
Official creditors
–1.4
–1.9
–2.0
–3.4
–3.2
–11.3
1.1
–1.8
2.4
1.2
World Bank
–0.1
–0.3
–0.3
–0.6
0.0
–0.8
1.0
–0.3
0.9
0.8
IMF
–0.1
–0.3
–0.6
–0.5
–0.7
–0.2
–0.1
–0.1
–0.1
0.0 0.4
Net debt flows
Other official
–1.3
–1.4
–1.2
–2.3
–2.4
–10.3
0.2
–1.4
1.6
Private creditors
1.9
4.6
5.4
6.0
3.4
–2.5
3.0
–6.8
–0.5
2.3
Net medium and long term debt flows
4.9
5.3
0.8
2.7
3.1
–1.7
–0.5
–2.7
–2.0
1.2
Bonds
4.4
5.2
0.7
2.8
2.5
0.8
0.7
–0.8
0.1
3.2
Banks and other private
0.5
0.0
0.1
0.0
0.6
–2.5
–1.3
–1.8
–2.1
–1.9
Net short term debt flows
–3.0
–0.7
4.6
3.2
0.3
–0.8
3.5
–4.2
1.6
1.1
–9.3
–12.6
–23.2
–14.7
–38.9
–37.8
–48.0
–43.4
–24.2
–24.1
11.9
14.9
19.9
22.6
23.6
25.1
31.0
34.7
32.4
31.0
Change in reserves (– = increase) Memorandum items Workers remittances
Sources: World Bank Debtor Reporting System; International Monetary Fund; Bank for International Settlements; and Organisation for Economic Co-operation and Development.
creditors by several countries, in particular Algeria, Egypt, and Morocco. Net debt inflows from private creditors turned positive in 2010 for the first time since 2007 to $2.3 billion on account of $5.5 billion in bond issuance including sovereign issues by Egypt ($1.5 billion), Morocco (€1 billion 10-year note; the country’s first sovereign issue since 2007), and Jordan ($750 million 5-year, fixed-rate debut sovereign issue). Medium term inflows from commercial banks were little changed from 2009 and remained negative. The net inflow of short term debt fell, but there were divergent trends across the region. Short term inflows into Egypt returned to their 2008 level, $0.6 billion compared to an outflow of $0.3 billion in 2009 and Lebanon recorded an inflow of $0.4 billion compared zero short term debt flows in 2009. In contrast net short term flows to Iran contracted sharply to $0.2 billion (from $0.9 billion in 2009) and those to Morocco turned Morocco falling to –$0.4 billion compared to a positive inflow of $0.5 billion in 2009. Net equity inflows declined 17 percent in 2010. Egypt and Lebanon, where portfolio equity flows are concentrated, saw flows dry up in 2010, compared to a net inflow of $1.2 billion in 2009.
18
The 2010 story on FDI inflows was mixed. Egypt, the region’s largest recipient of FDI, registered a 14 percent decline in FDI inflows to Lebanon were unchanged from their 2009 level and Iran saw FDI inflows, mainly to the oil and gas sector, increase by a further 20 percent, following their 87 percent surge in 2009. In Morocco FDI inflows were down 37 percent and those to Syria down 46 percent from their 2009 level.
South Asia Net capital inflows to the region rose 29 percent in 2010 on the back of a 92 percent surge in net portfolio equity flows and more than doubling of net debt flows from private creditors, driven by both bond issuance and short term debt inflows. But at 5.5 percent of GNI net capital flows remained below their pre-crisis peak, 7.7 percent of GNI in 2007 (table 14). The ratio of external debt stock, and debt service, to exports are low, on average 94 percent and 6 percent respectively, in 2010, but there are important differences between countries: for example India had an external debt stock to export ratio in 2010 of 81 percent while that of Pakistan was 199 percent. The comparable debt service-to-export
O V E R V I E W
Table 14. Net Capital Inflows to South Asia, 2001–10 $ billions Inflows
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
Net private and official inflows
8.1
7.5
14.5
21.3
28.7
77.1
116.3
64.8
86.2
111.6
Percent of GNI
1.3
1.1
1.9
2.3
2.7
6.5
7.7
4.2
5.1
5.3
Net equity inflows
8.9
7.9
13.5
16.8
23.6
36.5
66.7
35.2
59.9
67.4
Net FDI inflows
6.1
6.8
5.5
7.8
11.2
26.1
32.7
51.1
39.4
28.0
Net portfolio equity inflows
2.8
1.1
8.0
9.0
12.4
10.4
34.0
–15.8
20.5
39.4
–0.9
–0.4
1.0
4.4
5.0
40.6
49.5
29.6
26.3
44.2
Official creditors
2.1
–2.3
–4.1
–0.2
2.9
3.6
4.4
8.8
11.0
9.6
World Bank
1.5
–1.0
–2.3
2.3
2.3
2.0
2.0
1.4
2.4
3.3
IMF
0.3
0.1
–0.1
–0.3
0.0
–0.1
–0.1
3.2
3.6
2.0
Other official
0.3
–1.3
–1.8
–2.3
0.6
1.7
2.5
4.2
5.0
4.4
Private creditors
–3.0
2.0
5.1
4.7
2.1
37.1
45.1
20.7
15.3
34.5
Net medium and long term debt flows
Net debt flows
–2.1
0.1
3.1
4.0
–0.2
20.2
32.2
12.9
12.7
22.9
Bonds
–0.4
–0.7
–3.7
3.9
–2.8
6.4
10.7
1.7
1.9
10.1
Banks and other private
–1.6
0.8
6.8
0.1
2.7
13.9
21.5
11.2
10.8
12.8
Net short term debt flows
–0.9
1.8
2.0
0.7
2.3
16.8
12.9
7.9
2.6
11.7
–10.2
–28.0
–36.9
–27.6
–6.8
–41.7
–103.8
26.3
–39.3
–22.3
19.2
24.1
30.4
28.7
33.9
42.5
54.0
71.6
75.1
82.2
Change in reserves (– = increase) Memorandum items Workers remittances
Sources: World Bank Debtor Reporting System; International Monetary Fund; Bank for International Settlements; and Organisation for Economic Co-operation and Development.
ratio was 6 percent and 15 percent, respectively. Reliance on multilateral creditors is high: the average share of public and publicly guaranteed debt owed to multilateral creditors (including the IMF) was 57 percent at end 2010. Countries in South Asia are relatively poor and reliant, in large measure, on financing from official sources, including grants. Gross debt related flows from official creditors fell 4 percent in 2010 despite the more than twofold increase in disbursements by IBRD. Disbursements on IDA loans declined 33 percent and IMF purchases (disbursements) 42 percent with most of the downturn in Pakistan which saw net inflows from official creditors drop to $1.8 billion from $5.7 billion in 2009. In part this was due to prior year frontloading of budgetary and emergence support from IDA, but delays in implementing the IMF program approved in November 2008 and slowdown in lending by other bilateral and multilateral creditors, including the Asian Development Bank, compounded the problem. India was the principal beneficiary of increased IBRD financing to the region. It saw gross flows from official creditors rise by 44 percent to $8.6 billion in 2010, of which almost 40 percent came from IBRD. Net debt
related flows from private creditors were evenly balanced between medium and short term financing from commercial banks and bond issuance, but 96 percent of these flows went to India. Bond issuance by public sector borrowers in India rose to $11 billion in 2010 from $1.8 billion in 2009. Sri Lanka returned to the markets in September 2010 with its third sovereign issue since 2007, a heavily oversubscribed $1 billion 10 year note for infrastructure and debt refinancing. The 12 percent rise in net equity flows to the region in 2010 masked divergent trends in FDI and portfolio equity flows with the former down 29 percent, and the latter up 92 percent, in relation to their 2009 level. India totally dominated the regional picture: when India is excluded net equity flows to the region were unchanged from 2009 at $3.2 billion. FDI inflows to India fell a further 32 percent in 2010: policy and procedural issues, delays in opening the retail and insurance sectors to foreign investors, poor infrastructure, licensing issues, and a series of widely reported corruption cases are cited as factors behind investors’ reticence to commit to new long term investments. In sharp contrast portfolio equity inflows to India surged to $40 billion, a 90 percent increase
19
G L O B A L
D E V E L O P M E N T
F I N A N C E
2 0 1 2
from 2009, driving not only the regional, but also the global trend.
Sub-Saharan Africa Net capital flows to Sub-Saharan Africa rose 16 percent in 2010 driven by a 33 percent increase in net debt inflows on loans from official creditors and a resumption of short-term debt inflows. These were partially offset by a 14 percent fall in net equity inflows. Measured in terms of GNI net capital flows, at 5.2 percent, were unchanged from their 2009 level (table 15). Debt indicators have improved significantly since 2000 due to economic reforms, a favorable external environment, increased aid, restructuring of debt, and outright debt forgiveness. When South Africa is excluded, the ratio of external debt stock to exports and to GNI was 58 percent and 24 percent respectively at end 2010, compared to 250 percent and 98 percent, respectively in 2000. Five more countries reached the HIPC Completion Point in 2010, bringing to 26 out of 33 eligible African countries that have completed the HIPC process and benefitted from HIPC and MDRI debt relief. Countries in the region restructured $13.2 billion owed to Paris Club creditors in 2010 of
which $9 billion was forgiven (see box 1). On a bilateral basis Paris Club creditors committed to forgive an additional $4 billion. Many countries in the region remain on the margin of international capital markets and dependent on financing from official credits, including grants. Net debt inflows from official creditors rose 33 percent in 2010 to $13 billion as a result of a sharp increase in gross disbursements by both multilateral and bilateral creditors. IDA, the single most important multilateral creditor to the region, disbursed $6 billion in 2010 (in loans and grants). IMF purchases fell by 45 percent from 2009, but twenty two countries received IMF financing in 2010 with Angola, the Democratic Republic of the Congo, Cote d’Ivoire, and Ghana among the largest recipients. Bilateral creditors, mostly nonOECD countries, notably China, are an increasing important source of financing particularly in mineral rich countries. Gross disbursements from bilateral creditors rose 83 percent in 2010 to $7.2 billion, only marginally less than the $7.4 billion in gross disbursements from multilateral creditors. South Africa was the only country in the region to tap the international bond markets in 2010 with a $2 billion heavily over-subscribed 10 year
Table 15. Net Capital Inflows to Sub-Saharan Africa, 2001–10 $ billions Inflows
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
Net private and official inflows
10.9
10.4
15.0
24.2
33.6
38.7
53.4
42.6
46.4
53.4
Percent of GNI
3.5
3.2
3.6
4.7
5.6
5.4
6.6
4.6
5.2
5.2
Net equity inflows
13.0
10.7
14.3
17.8
26.6
33.0
38.4
31.8
43.0
36.8
Net FDI inflows
13.9
11.1
13.6
11.2
18.6
16.2
28.3
37.5
32.8
28.8
Net portfolio equity inflows
–0.9
–0.4
0.7
6.7
8.1
16.8
10.1
–5.7
10.2
8.0
–2.1
–0.4
0.7
6.4
7.0
5.7
14.9
10.9
3.4
16.6
Official creditors
0.0
2.7
1.4
2.3
–0.9
–1.7
2.8
4.9
9.8
13.0
World Bank
1.8
2.2
2.2
2.5
2.4
2.2
2.4
1.9
3.1
4.0
IMF
0.1
0.5
0.0
–0.1
–0.4
–0.1
0.1
0.7
2.2
1.2 7.9
Net debt flows
Other official
–1.9
0.1
–0.7
0.0
–2.9
–3.8
0.3
2.3
4.5
Private creditors
–2.1
–3.0
–0.8
4.0
7.9
7.4
12.1
6.0
–6.4
3.5
0.0
–1.2
0.9
2.7
4.9
–2.0
7.8
1.5
3.5
2.1
Net medium and long term debt flows Bonds
1.9
1.5
0.4
0.6
1.3
0.3
6.5
–0.7
1.9
1.4
Banks and other private
–1.9
–2.7
0.5
2.1
3.5
–2.4
1.3
2.2
1.6
0.7
Net short term debt flows
–2.1
–1.8
–1.7
1.4
3.0
9.4
4.3
4.5
–9.9
1.5
–0.2
–0.6
–3.6
–21.6
–20.0
–32.4
–26.9
–10.9
–2.7
1.8
4.8
5.2
6.2
8.3
9.6
12.8
18.7
21.7
20.2
21.1
Change in reserves (– = increase) Memorandum items Workers remittances
Sources: World Bank Debtor Reporting System; International Monetary Fund; Bank for International Settlements; and Organisation for Economic Co-operation and Development.
20
O V E R V I E W
sovereign issue. It also recorded a net inflow of $1.0 billion in medium term bank financing compared to a net outflow of $0.3 billion from other countries in the region. In sharp contrast to the outflow of $9.9 billion outflow in 2009, short term debt turned positive in 2010 ($1.5 billion), but there were disparate trends at the country level: Angola, Nigeria and South Africa saw the largest outflow while Ethiopia, Ghana, and Zambia recorded the largest net inflow. FDI into the region, directed mainly to the minerals and metals sector, constituted two-thirds of net capital flows (excluding grants) between 2001 and 2010. It fell by 12 percent in 2010 largely on account of lackluster performance of FDI inflows to South Africa, $1.5 billion compared to $5.4 billion the previous year, reflecting investor concerns over possible nationalization and power constraints. Excluding South Africa FDI to the region was up 7 percent in 2010 on account of increased South-South FDI particularly to the hydro-carbon sector and extractive industries. The 21 percent decline in net portfolio equity flows was also driven by the sharp drop in flows to South Africa which fell to $5.8 billion ($9.4 billion in 2009). This was partially offset by a rapid rise in portfolio equity flows to Nigeria which topped $2 billion in 2010 ($0.5 billion in 2009) where foreign investors are rebuilding their investment positions to pre-crisis levels.
Annex A. Trends in IBRD and IDA Financing to Developing Countries in 2010
F
inancing from IBRD and IDA is the most important source of multilateral financing to public sector borrowers in developing countries across the globe. In 2010 these two institutions of the World Bank Group extended $43 billion in new commitments and made disbursements (from 2010 commitments and the undisbursed pipeline of commitments made in prior years) of $34 billion. This was equivalent to 53 percent and 39 percent respectively of the commitments and disbursements from all multilateral institutions to public sector borrowers in 2010. The World Bank Group provides financial support in other forms to public and private sector borrowers and it is captured in several components
of the data presented in Global Development Finance (box 3).
Trends in IBRD Financing New IBRD loan commitments signed in 2010 totaled $32 billion, down 12 percent from their all-time high of $36 billion in 2009. Almost 40 percent of 2010 commitments went to countries in Latin America and the Caribbean, with Brazil the single largest recipient ($5.4 billion) among all IBRD borrowers, but overall commitments to this region were 9 percent below their 2009 level. Countries in the Middle East and North Africa and Sub-Saharan Africa recorded a sharp rise in IBRD commitments in 2010 driven primarily by an near doubling of lending to Egypt and Morocco and $3.8 billion extended to South Africa’s power utility company, Eskom. In all other regions 2010 commitments were lower than the previous year with South Asia seeing the biggest
Box 3. World Bank Group Financing to Developing Countries in 2010
Financing from the World Bank Group takes a variety of forms: loans and guarantees from IBRD and loans, grants and guarantees from IDA to the public sector of the borrowing country; loans and equity financing from IFC to the private sector; and investment guarantees from MIGA. Financing by the World Bank Group is captured in the data presented in Global Development Finance as follows: • Loans from IBRD and IDA constitute part of the borrowing country’s public and publicly guaranteed debt and are also separately identified by source. • Grants provided by IDA are recorded in official grants. • Loan financing from IFC is recorded as part of private non-guaranteed debt. • Equity financing from IFC and investments guaranteed by MIGA are recorded as part of foreign direct investment. IBRD and IDA guarantees do not represent financing and are only recorded as a flow of funds if the guarantee is invoked.
21
D E V E L O P M E N T
F I N A N C E
2 0 1 2
fall as commitments to India fell back to $2 billion from their record $5.8 billion in 2009 when India was the single largest recipient of all IBRD borrowers. The concentration of IBRD commitments increased: 10 borrowers accounted for 85 percent of new IBRD loans in 2010 compared to 75 percent to the top ten borrowers in 2009. Disbursements by IBRD from commitments made in 2010 and the undisbursed pipeline of commitments made in prior years continued their upward trajectory in 2010, but at a much slower pace than the previous year, rising by 16 percent to $26 billion, as compared to the 67 percent increase recorded in 2009. Disbursements to all regions rose with the exception of Middle East and North Africa. IBRD disbursements to countries in South Asia and East Asia rose by 127 percent and 21 percent respectively, driven by increased lending to India ($3.3 billion in 2010 up from $1.4 billion in 2009) and by disbursements of $0.7 billion under the new IBRD lending program to Vietnam. IBRD disbursements to Sub-Saharan Africa were almost three times those of 2009, albeit from a very low base, and concentrated largely in South Africa. IBRD disbursements to Latin American and the Caribbean and Europe and Central Asia rose moderately in 2010, but the combined share of aggregate IBRD disbursements to these regions increased to 63 percent from 50 percent in 2009 (figure 11). IBRD disbursements remained heavily concentrated with 78 percent going to the top ten borrowers in 2010 (up from 76 percent in 2009). The top ten recipients were little changed from those of 2009: only Romania dropped from the list with Kazakhstan the new entrant (figure 12). The total amount of debt outstanding and disbursed to countries reporting to the World Bank Debtor Reporting System by IBRD stood at $125 billion at end 2010. Of this amount over half (57 percent) was owed by six borrowers: in order of importance, Brazil, China, Mexico, Turkey, India and Indonesia.
Trends in IDA Financing IDA resources are reserved for the world’s poorest countries, and its operations are concentrated primarily in South Asia and Sub-Saharan Africa. New loan commitments from IDA rose by 8 percent in 2010 to $11.3 billion, less than the 15 percent increase recorded in 2009. IDA resources are allocated to individual countries using a
22
Figure 11. IBRD Disbursements, Regional Distribution, 2008–10 $ millions 12,000 10,000 8,000 6,000 4,000 2,000 0 La tin th Am Eu e er C ic ro ar a pe ib an be d an an d C Ea en st t ra As lA ia si an a d th e Pa ci M fic id dl So e Ea ut h st As an ia d N or th Af Su ric ba Sa ha ra n Af ric a
G L O B A L
2008
2009
2010
Source: World Bank Debtor Reporting System.
Figure 12. Top Ten Recipients of IBRD Disbursements, 2009 and 2010 $ millions Brazil India Turkey Mexico Indonesia Kazakhstan China Colombia Argentina Egypt 0
1,000 2,000 3,000 4,000 5,000 6,000 2009
2010
Source: World Bank Debtor Reporting System.
performance-based allocation system that also takes account of the size of the population and GNI per capita. IDA recipient countries in the top performance quintile receive around three times the commitment per capita as those in the lowest quintile. At the same time the distribution of IDA resources among the 79 IDA eligible countries is highly concentrated: four countries, in order of importance, India, Tanzania, Vietnam, and Bangladesh, absorbed almost half of new IDA loan commitments in 2010, and the top ten recipients accounted for 76 percent of the total.
O V E R V I E W
Disbursements on IDA loans fell by 11.4 percent in 2010 to $7.7 billion and those on IDA grants slightly more, 11.9 percent, to $2.2 billion, but the downturn was not uniform across all regions. IDA disbursements (loans and grants) to countries in Sub-Saharan Africa rose by 5 percent and their share of aggregate IDA disbursements increased to 54 percent from 46 percent in 2009. IDA eligible countries in Europe and Central Asia, Latin America and the Caribbean and the Middle East and North Africa saw IDA disbursements increase by an average of 12 percent, driven in particular by higher IDA grant disbursements to Haiti and Yemen and increased IDA loan disbursements to Bosnia and Herzegovina and Moldova. However, the share of IDA resources going to these regions remained moderate. Only 10 percent of total IDA disbursements went to the three regions combined. South Asia, the second most important destination for IDA resources after Sub-Saharan Africa, saw IDA disbursements fall 34 percent in 2010, largely as a consequence of a precipitous drop in disbursements to Pakistan, which fell to around one third their 2009 level (to $371 million from $1,177 million in 2009), a consequence of prior year frontloading of fast disbursing development policy loans and emergency assistance, and a more moderate, 15 percent fall in disbursements to India. IDA disbursements to countries in East Asia and the Pacific region were also down 29 percent from their 2009 level due almost entirely to the 29 percent decline in disbursements to Vietnam (figure 13), a positive reflection of the country’s creditworthiness and start of the transition to financing from IBRD and other market based sources. Ten recipient countries received 60 percent of total IDA disbursements (loans and grants combined) compared to 65 percent in 2009. Only one of the top ten recipients in 2009, Afghanistan, dropped out of the group in 2010, with Ghana the new entrant. India was again the largest recipient of IDA disbursements, but its share of the total fell slightly to 10.8 percent (11.3 percent in 2009). By contrast, Nigeria rose to the second most important recipient of IDA in 2010, from sixth in 2009, increasing its share of total IDA disbursements, to 10.8 percent from 4.4 percent in 2009 (figure 14).
Figure 13. IDA Disbursements (Loans and Grants), Regional Distribution, 2008–10 $ millions 6,000 5,000 4,000 3,000 2,000 1,000 0 Sub-Saharan Africa
South Asia
2008
East Asia and Other regions the Pacific
2009
2010
Source: World Bank Debtor Reporting System.
Figure 14. Top Ten Recipients of Gross IDA Disbursements (Loans and Grants), 2009 and 2010 $ millions India Nigeria Vietnam Tanzania Ethiopia Pakistan Bangladesh Uganda Ghana Congo, Dem. Rep 0
200
400
600 2009
800 1,000 1,200 1,400 2010
Source: World Bank Debtor Reporting System.
The outstanding IDA loan portfolio ($119 billion at end 2010) is heavily concentrated, with five East and South Asian countries accounting for a little over half of the total (53 percent). In order of importance they were India, Bangladesh, Pakistan, China, and Vietnam. This is in part a consequence of the fact that thirty-two countries, primarily in Sub-Saharan Africa, had reached the Highly Indebted Poor Countries (HIPC) Completion Point by end 2010 and benefited from debt relief from IDA under the HIPC and Multilateral Debt Relief Initiative (MDRI). African countries with the largest share of the
23
G L O B A L
D E V E L O P M E N T
F I N A N C E
2 0 1 2
outstanding IDA portfolio at end 2010 were Nigeria ($3.7 billion), Kenya ($3.2 billion) and Tanzania ($3.2 billion).
Notes 1. External loans to developing countries are extended by both official and private creditors. Loans contracted by
24
public sector borrowers, or benefitting from a public sector guarantee, are categorized as public and publicly guaranteed debt. Loans contracted by private sector borrowers without any public sector guarantee constitute private non guaranteed debt. 2. Borrowers with outstanding obligations to IBRD classified as high-income countries and not included in the DRS are Barbados, Croatia, Estonia, Hungary, Republic of Korea, Poland, Slovak Republic, Slovenia, and Trinidad and Tobago.
.
Summary Tables
S U M M A R Y
Summary Table 1. Key indebtedness indicators, 2008–10
Country
Afghanistan Albania Algeria Angola Argentina Armenia Azerbaijan Bangladesh Belarus Belize Benin Bhutan Bolivia Bosnia and Herzegovina Botswana Brazil Bulgaria Burkina Faso Burundi Cambodia Cameroon Cape Verde Central African Republic Chad Chile China Colombia Comoros Congo, Dem. Rep. Congo, Rep. Costa Rica Côte d’Ivoire Djibouti Dominica Dominican Republic Ecuador Egypt, Arab Rep. El Salvador Eritrea Ethiopia Fiji Gabon Gambia, The Georgia Ghana Grenada Guatemala Guinea Guinea-Bissau Guyana Haiti Honduras India
Total external debt, 2010 ($ millions)
2,297 4,736 5,276 18,562 127,849 6,103 6,974 24,963 25,726 1,045 1,221 898 5,267 8,457 1,709 346,978 48,077 2,053 537 4,676 2,964 857 385 1,733 86,349 548,551 63,064 485 5,774 3,781 8,849 11,430 751 267 13,045 14,815 34,844 11,069 1,010 7,147 452 2,331 470 9,238 8,368 576 14,340 2,923 1,095 1,354 492 4,168 290,282
Present value of debt, 2010 ($ millions)
721 3,616 4,687 15,787 121,281 4,687 3,894 15,886 23,088 784 852 714 2,999 6,716 1,141 326,721 44,915 1,538 194 3,652 1,194 455 246 1,845 78,746 522,861 92,182 163 2,972 1,577 8,090 10,597 500 202 10,906 12,770 28,793 9,732 597 3,924 403 2,126 217 7,536 4,956 631 12,115 2,007 124 762 282 1,971 252,804
Ratio of total external debt to exports of goods and services (%)
Ratio of present value of debt to exports of goods and services (%)
67 115 6 26 158 238 25 132 83 129 101 109 72 120 28 155 170 225 418 75 47 136 119 54 108 33 145 714 151 46 65 95 176 163 107 75 56 201 1,237 194 28 18 157 225 103 309 139 211 766 131 55 57 91
21 88 5 22 150 183 14 84 75 96 70 87 41 95 19 146 159 169 151 59 19 72 76 57 99 31 212 240 78 19 59 88 117 124 89 64 46 177 732 107 25 16 73 184 61 338 118 145 87 74 32 27 79
Ratio of total external debt to GNI (%)
21 39 3 26 40 60 16 26 47 84 18 69 31 47 13 20 102 25 39 46 13 56 19 27 52 11 26 91 52 47 29 52 65 74 28 26 18 53 57 24 15 21 64 80 30 96 37 78 130 57 8 30 20
Ratio of present value of debt to GNI (%)
6 30 3 22 37 46 9 16 42 63 13 55 17 37 9 19 95 19 14 36 5 29 12 28 48 10 38 31 27 20 27 48 43 56 24 22 15 46 34 13 13 19 29 65 18 106 32 54 15 32 4 14 18
(table continues on next page)
27
T A B L E S
G L O B A L
D E V E L O P M E N T
F I N A N C E
2 0 1 2
Summary Table 1. Key indebtedness indicators, 2008–10 (continued)
Country
Indonesia Iran, Islamic Rep. Jamaica Jordan Kazakhstan Kenya Kosovo Kyrgyz Republic Lao PDR Latvia Lebanon Lesotho Liberia Lithuania Macedonia, FYR Madagascar Malawi Malaysia Maldives Mali Mauritania Mauritius Mexico Moldova Mongolia Montenegro Morocco Mozambique Myanmar Nepal Nicaragua Niger Nigeria Pakistan Panama Papua New Guinea Paraguay Peru Philippines Romania Russian Federation Rwanda Samoa São Tomé and Principe Senegal Serbia Seychelles Sierra Leone Solomon Islands Somalia South Africa Sri Lanka St. Kitts and Nevis St. Lucia St. Vincent and the Grenadines Sudan Swaziland Syrian Arab Republic Tajikistan
Total external debt, 2010 ($ millions)
Present value of debt, 2010 ($ millions)
179,064 12,570 13,865 7,822 118,723 8,400 342 3,984 5,559 39,555 24,293 726 228 29,602 5,804 2,295 922 81,497 1,229 2,326 2,461 1,076 200,081 4,615 2,444 1,554 25,403 4,124 6,352 3,702 4,786 1,127 7,883 56,773 11,412 5,822 4,938 36,271 72,337 121,505 384,740 795 308 170 3,677 32,222 1,510 778 215 2,942 45,165 20,452 203 464 261 21,846 616 4,729 2,955
159,754 10,954 13,246 6,672 101,695 5,912 241 1,750 3,959 36,684 23,420 396 86 27,225 5,289 1,832 717 75,406 1,020 1,425 2,364 803 178,631 4,076 1,697 1,331 20,820 1,980 4,206 2,752 2,249 561 5,582 41,425 10,049 4,580 4,298 32,384 62,514 101,112 347,210 595 174 49 2,591 28,351 1,377 432 148 3,656 44,196 15,887 173 390 191 37,205 592 4,294 2,202
Ratio of total external debt to exports of goods and services (%)
114 — 232 60 181 102 35 150 296 280 102 43 37 116 130 75 82 36 129 94 131 20 68 154 83 71 82 137 — 203 150 107 10 218 62 101 55 100 115 205 80 137 160 777 95 229 170 207 68 — 46 201 97 81 127 199 27 25 196
Ratio of present value of debt to exports of goods and services (%)
102 — 221 51 155 72 25 66 211 260 98 24 14 107 118 60 63 33 107 58 126 15 60 136 58 60 67 66 — 151 71 53 7 159 55 79 48 89 100 171 72 103 90 224 67 201 155 115 47 — 45 156 82 68 93 339 26 23 146
Ratio of total external debt to GNI (%)
32 4 107 30 104 28 6 86 92 139 70 31 31 75 63 26 20 39 95 27 71 11 20 74 48 37 29 44 — 27 78 21 4 33 50 70 30 28 40 70 27 15 58 90 28 76 189 41 41 — 15 47 39 53 47 41 20 9 57
Ratio of present value of debt to GNI (%)
28 3 102 26 89 20 4 38 65 129 67 17 12 69 57 21 16 36 79 16 68 8 18 65 33 31 23 21 — 20 37 10 3 24 44 55 26 25 35 58 25 12 33 26 20 67 173 23 28 — 15 37 33 44 35 70 19 8 42
(table continues on next page)
28
S U M M A R Y
Summary Table 1. Key indebtedness indicators, 2008–10 (continued)
Country
Tanzania Thailand Togo Tonga Tunisia Turkey Turkmenistan Uganda Ukraine Uruguay Uzbekistan Vanuatu Venezuela, R.B. Vietnam Yemen, Rep. Zambia Zimbabwe
Total external debt, 2010 ($ millions)
Present value of debt, 2010 ($ millions)
8,664 71,263 1,728 144 21,584 293,872 422 2,994 117,128 11,347 7,404 148 55,572 35,139 6,324 3,689 5,016
4,947 66,153 392 92 19,307 270,204 380 1,100 107,452 10,234 5,972 113 55,591 26,565 3,971 1,561 6,001
Ratio of total external debt to exports of goods and services (%)
148 34 154 260 86 180 3 90 157 113 56 54 70 49 71 63 230
Ratio of present value of debt to exports of goods and services (%)
Ratio of total external debt to GNI (%)
85 31 35 167 77 165 2 33 144 102 45 41 70 37 44 27 275
40 26 61 41 53 43 2 19 82 34 22 23 16 38 24 28 92
Ratio of present value of debt to GNI (%)
23 24 14 26 47 39 2 7 75 31 18 18 16 29 15 12 110
Source: World Bank data. Note: GNI = gross national income; — = not available. For definitions of indicators, see the “About the data” section. Numbers in italics are based on the latest available Debt Sustainability Analysis for Low-Income Countries (LIC DSA) and include the effects of traditional relief, debt relief under the Heavily Indebted Poor Country (HIPC) Initiative, and relief under the Multilateral Debt Relief Initiative (MDRI). Under MDRI, the International Development Association (IDA), International Monetary Fund (IMF), and African Development Fund (AfDF) provide debt stock cancellation to post–completion point HIPCs on debt owed to the three institutions. The Inter-American Development Bank (IDB) provides similar debt stock cancellation under the IDB 2007 Debt Initiative. MDRI debt relief provides 100 percent stock cancellation on debt disbursed before end-2004 (for the IMF, AfDF, and IDB) or end-2003 (for IDA), and still outstanding at the time the country reaches the completion point under the HIPC Initiative. In line with the Debt Sustainability Framework for Low-Income Countries, only the conditional debt relief under the HIPC Initiative is included for countries in the interim period (between decision and completion point of the HIPC Initiative).
29
T A B L E S
G L O B A L
D E V E L O P M E N T
F I N A N C E
2 0 1 2
Summary Table 2. Composition of Total External Debt Stocks for 2010 $ millions
Country
Total external debt stocks
Total long-term external debt
Public and publicly guaranteed debt, multilateral
Public and publicly guaranteed debt, bilateral
Public and publicly guaranteed debt, bonds
Afghanistan
2,297
2,076
1,118
958
0
Albania
4,736
4,105
1,522
637
401
Algeria
5,276
3,498
10
1,795
0
Angola
18,562
15,440
436
7,716
0 43,571
127,849
92,844
16,918
6,004
Armenia
Argentina
6,103
4,744
1,513
1,042
0
Azerbaijan
6,974
6,050
1,745
920
0
Bangladesh
24,963
21,371
18,460
2,842
0
Belarus
25,726
10,251
295
5,587
1,802
Belize
1,045
1,031
256
150
21
Benin
1,221
1,134
927
207
0
Bhutan
898
892
332
561
0
Bolivia
5,267
5,164
2,259
523
0
Bosnia and Herzegovina
8,457
6,899
2,416
869
273
Botswana
1,709
1,352
1,222
129
0
346,978
281,482
29,747
11,504
41,323
48,077
32,704
2,330
823
1,301
2,053
1,925
1,600
307
0
537
412
344
68
0
Cambodia
4,676
4,414
1,529
2,885
0
Cameroon
Brazil Bulgaria Burkina Faso Burundi
2,964
2,762
788
1,381
0
Cape Verde
857
847
597
197
0
Central African Republic
385
218
29
154
0
Chad
1,733
1,708
1,483
196
0
Chile
86,349
60,470
801
224
8,413
China
548,551
201,027
35,120
32,084
10,273
63,064
54,855
15,786
432
17,686 0
Colombia Comoros
485
469
204
265
Congo, Dem. Rep.
5,774
4,957
2,571
2,279
0
Congo, Rep.
3,781
3,531
219
2,497
0
Costa Rica
8,849
6,418
1,709
430
1,435
11,430
10,696
2,228
6,445
1,621
Djibouti
751
739
409
309
0
Dominica
267
216
116
55
40 1,721
Côte d’Ivoire
Dominican Republic
13,045
9,958
3,074
3,091
Ecuador
14,815
14,446
5,171
2,404
868
Egypt, Arab Rep.
34,844
31,695
9,019
18,844
3,333
El Salvador
2,199
11,069
9,964
3,526
648
Eritrea
1,010
1,003
651
313
0
Ethiopia
7,147
6,545
2,812
1,825
0
Fiji
452
391
116
125
150
Gabon
2,331
2,158
384
521
879
Gambia, The Georgia
470 9,238
395 7,224
267 1,802
118 588
0 750
30
S U M M A R Y
Public and publicly guaranteed debt, commercial banks and other
Private nonguaranteed debt, bonds
Private nonguaranteed debt, commercial banks and other
IBRD (memo)
IDA (memo)
Use of IMF credit
Short-term debt
0
0
0
0
410
119
412
0
1,133
26
850
58
102 573
726
0
968
9
0
0
1,778
7,287
0
0
0
378
882
2,241
838
7,855
17,659
5,349
0
0
35,005 618
1
0
2,187
106
1,161
741
1,226
0
2,158
300
763
46
878
69
0
0
0
10,653
617
2,974
166
0
2,401
291
0
3,495
11,980
594
0
10
12
0
7
7
0
0
0
0
383
55
32
0
0
0
0
112
0
6
24
0
2,358
0
355
0
103
193
0
3,149
445
1,180
521
1,037
1
0
0
6
4
0
357
13,968
83,032
101,908
13,523
0
0
65,496
13
134
28,104
1,338
0
0
15,373
18
0
0
0
776
129
0
0
0
0
0
163
110
16
0
0
0
0
565
0
262
15
0
577
24
350
172
31
53
0
0
0
303
9
2
34
0
0
0
14
90
77
30
0
0
0
865
17
8
3,491
7,061
40,480
189
0
0
25,879
12,703
17,976
92,871
12,962
9,000
0
347,524
2,873
3,329
14,749
7,504
0
0
8,209
0
0
0
0
116
12
4
106
0
0
0
849
323
494
815
0
0
0
84
27
222
151
0
2,693
570
0
0
2,431
122
0
280
14
1,749
383
351
20
0
0
0
155
12
1
4
0
0
1
27
18
32
1,229
843
0
864
7
1,139
1,948
155
0
5,848
446
10
0
369
445
0
54
2,543
1,338
0
3,149
21
0
3,569
915
8
0
1,105
38
0
0
0
468
0
7
1,907
0
0
0
1,804
288
314
0
0
1
0
0
0
61
374
0
0
22
0
0
174
10 941
0 0
0 3,143
0 173
65 1,186
31 1,050
44 963 (table continues on next page)
31
T A B L E S
G L O B A L
D E V E L O P M E N T
F I N A N C E
2 0 1 2
Summary Table 2. Composition of Total External Debt Stocks for 2010 (continued) $ millions Public and publicly guaranteed debt, bilateral
Public and publicly guaranteed debt, bonds
Country
Total external debt stocks
Ghana
8,368
5,727
2,620
1,360
750
576
495
190
89
210
Grenada Guatemala
Total long-term external debt
Public and publicly guaranteed debt, multilateral
14,340
12,745
4,213
359
955
Guinea
2,923
2,752
1,798
918
0
Guinea-Bissau
1,095
963
492
471
0
Guyana
1,354
888
502
365
0
492
479
71
408
0
4,168
3,740
1,891
823
50
Haiti Honduras India
290,282
233,834
46,531
26,111
20,430
Indonesia
179,064
147,809
22,567
43,917
16,990
Iran, Islamic Rep.
12,570
6,411
830
1,195
0
Jamaica
13,865
11,900
2,348
912
3,786
Jordan
7,822
6,504
2,528
2,892
914
118,723
109,686
2,785
1,057
0
8,400
6,978
4,110
2,557
0
342
342
342
0
0
Kyrgyz Republic
3,984
3,612
1,296
1,146
0
Lao PDR
5,559
5,549
1,983
955
0
Kazakhstan Kenya Kosovo
Latvia
39,555
25,319
5,246
11
1,069
Lebanon
24,293
20,713
1,320
906
17,422
Lesotho
726
698
623
61
0
Liberia
228
184
63
120
0
29,602
24,133
1,612
0
10,052
Lithuania Macedonia, FYR
5,804
3,750
1,112
242
434
Madagascar
2,295
1,984
1,536
437
0
922
715
576
139
0
81,497
46,421
237
3,513
15,575 0
Malawi Malaysia Maldives
1,229
989
311
236
Mali
2,326
2,271
1,790
476
0
Mauritania
2,461
2,174
1,350
823
0
Mauritius Mexico
1,076
1,072
501
383
0
200,081
161,068
21,112
4,542
63,519
Moldova
4,615
2,723
556
258
0
Mongolia
2,444
2,016
1,073
716
0
Montenegro Morocco
1,554
1,368
556
281
267
25,403
23,603
10,149
7,085
1,336
Mozambique
4,124
2,960
2,205
657
0
Myanmar
6,352
4,395
1,415
2,574
0
Nepal
3,702
3,527
3,150
374
0
Nicaragua
4,786
3,922
1,637
1,028
0
Niger
1,127
972
720
251
0
Nigeria
7,883
4,686
4,304
289
0
Pakistan Panama
56,773 11,412
45,746 11,412
24,614 1,814
16,789 314
1,550 8,071
32
S U M M A R Y
Public and publicly guaranteed debt, commercial banks and other
Private nonguaranteed debt, bonds
Private nonguaranteed debt, commercial banks and other
IBRD (memo)
IDA (memo)
Use of IMF credit
Short-term debt
997
0
0
0
1,868
392
5
0
0
14
44
29
2,249 52
0
5
7,213
1,372
0
0
1,595
37
0
0
0
1,248
48
123
0
0
0
0
289
4
128
21
0
0
0
9
56
410
0
0
0
0
0
13
0
34
0
942
0
602
30
398
13,134
13,633
113,996
11,180
25,888
0
56,448
7,550
5,788
50,996
9,054
2,313
0
31,255
4,385
0
0
801
0
0
6,159
548
4,290
17
579
0
785
1,180
170
0
0
1,008
32
8
1,310
0
21,044
84,800
1,830
0
0
9,037
311
0
0
0
3,238
417
1,005
0
0
0
342
0
0
0
0
0
1,171
0
649
177
195
0
0
2,610
0
655
10
0
566
267
18,161
421
0
1,513
12,723
565
500
0
321
0
98
3,482
14
0
0
2
328
28
0
0
0
0
0
0
44
0
0
793
11,675
20
0
0
5,469
77
0
1,885
315
367
0
2,054
7
0
3
0
1,161
97
214
0
0
0
0
243
146
61
6,470
4,893
15,733
0
0
0
35,076
105
0
336
0
99
16
224
5
0
0
0
840
49
6
1
0
0
0
316
50
237
88
0
100
197
7
0
3
22,294
29,970
19,630
12,462
0
0
39,013
3
0
1,906
93
386
327
1,564
7
0
221
0
403
198
230
245
0
19
236
79
0
186
2,444
0
2,589
2,468
13
0
1,800
98
0
0
0
1,491
190
975
406
0
0
0
799
0
1,956
3
0
0
0
1,426
114
61
3
0
1,255
0
447
167
697
0
0
0
0
275
61
94
92
0
0
43
3,662
0
3,197
249 223
250 911
2,294 80
1,688 420
10,118 0
8,736 0
2,291 0 (table continues on next page)
33
T A B L E S
G L O B A L
D E V E L O P M E N T
F I N A N C E
2 0 1 2
Summary Table 2. Composition of Total External Debt Stocks for 2010 (continued) $ millions
Country
Total external debt stocks
Total long-term external debt
Public and publicly guaranteed debt, multilateral
Public and publicly guaranteed debt, bilateral
Public and publicly guaranteed debt, bonds
Papua New Guinea
5,822
5,430
712
285
0
Paraguay
4,938
3,791
1,496
613
0
Peru
36,271
30,216
7,854
2,719
9,311
Philippines
72,337
66,042
8,372
14,826
20,221
Romania
121,505
81,383
13,373
860
1,670
Russian Federation
384,740
345,983
3,042
3,347
82,643
Rwanda
795
766
639
126
0
Samoa
308
299
219
80
0
SĂŁo TomĂŠ and Principe
170
145
37
108
0
Senegal
3,677
3,464
1,976
979
200
Serbia
32,222
27,389
4,848
3,296
0
1,510
498
74
174
169
Sierra Leone
778
661
371
79
0
Solomon Islands
215
202
106
20
0
2,942
1,990
801
1,153
0
Seychelles
Somalia South Africa
45,165
32,860
1,139
0
11,065
Sri Lanka
20,452
17,368
6,079
7,524
2,000
St. Kitts and Nevis
203
198
99
34
24
St. Lucia
464
286
202
21
8
St. Vincent and the Grenadines
261
255
188
18
0
21,846
14,444
3,342
8,474
0 0
Sudan Swaziland
616
385
240
123
Syrian Arab Republic
4,729
4,171
1,591
2,580
0
Tajikistan
2,955
2,733
945
861
0
Tanzania
8,664
6,795
4,382
1,077
0
Thailand
71,263
32,791
187
6,656
1,954
1,728
1,534
837
697
0
144
144
71
72
0
Tunisia
21,584
16,605
6,664
3,494
3,819
Turkey
293,872
210,123
19,780
6,724
46,276
422
367
14
327
0
Uganda
2,994
2,671
2,416
255
0
Ukraine
116,808
76,104
4,392
1,397
9,148
Uruguay
11,347
9,797
3,495
117
6,021
7,404
7,167
1,175
1,998
0
148
99
69
30
0
Venezuela, R.B.
55,572
40,146
4,014
942
29,762
Vietnam
2,020
Togo Tonga
Turkmenistan
Uzbekistan Vanuatu
35,139
28,145
12,262
12,993
Yemen, Rep.
6,324
5,933
3,283
2,647
0
Zambia
3,689
2,104
924
353
0
5,016 4,076,298
4,064 2,975,259
1,593 483,841
1,660 338,734
0 527,752
Zimbabwe All developing countries
34
S U M M A R Y
Public and publicly guaranteed debt, commercial banks and other
Private nonguaranteed debt, bonds
Private nonguaranteed debt, commercial banks and other
IBRD (memo)
IDA (memo)
Use of IMF credit
Short-term debt
33
0
4,400
139
86
0
392
260
0
1,421
257
13
0
1,147 6,055
143
7,298
2,891
2,965
0
0
1,221
1,651
19,751
2,567
171
0
6,295
4,654
0
60,826
2,830
0
15,092
25,029
73,891
73,329
109,730
2,618
0
0
38,756
0
0
0
0
259
15
14
0
0
0
0
99
9
0
0
0
0
0
14
5
20
0
0
308
0
1,017
213
0
1,332
165
17,747
1,818
681
2,034
2,798
82
0
0
17
0
31
980
211
0
0
0
155
113
4
0
0
77
0
42
10
4
37
0
0
0
443
172
780
5,549
5,471
9,636
384
0
0
12,305
847
0
919
0
2,531
1,311
1,773
41
0
0
10
1
3
1
55
0
0
21
59
11
167
49
0
0
5
21
6
0
2,629
0
0
0
1,290
390
7,012
23
0
0
2
2
0
231
0
0
0
0
15
0
558
0
0
927
0
377
101
122
113
0
1,224
0
3,248
354
1,515
2,561
4,570
16,864
73
56
0
38,471
0
0
0
0
554
133
61
1
0
0
0
24
0
0
632
0
1,996
1,381
18
0
4,979
20,308
8,502
108,533
11,563
42
5,627
78,123
18
0
7
11
0
0
55
0
0
0
0
1,682
9
314
1,308
5,114
54,744
3,212
0
14,245
26,459
72
93
0
1,055
0
0
1,550
252
0
3,741
259
114
0
238
0
0
0
0
12
0
49
2,368
3,060
0
0
0
0
15,426
870
0
0
700
7,010
45
6,949
3
0
0
0
2,180
78
313
33
0
794
0
430
395
1,191
432 232,259
0 311,827
378 1,080,846
463 124,852
513 118,607
110 64,661
843 1,036,378 (table continues on next page)
35
T A B L E S
G L O B A L
D E V E L O P M E N T
F I N A N C E
2 0 1 2
Summary Table 2. Composition of Total External Debt Stocks for 2010 (continued) $ millions
Country
Total external debt stocks
Total long-term external debt
Public and publicly guaranteed debt, multilateral
Public and publicly guaranteed debt, bilateral
Public and publicly guaranteed debt, bonds
East Asia and the Pacific
1,013,971
545,176
86,037
121,732
67,184
Europe and Central Asia
1,273,418
994,159
72,697
32,271
156,088
Latin America and the Caribbean
238,992
1,038,725
828,184
130,489
38,770
Middle East and North Africa
143,595
119,872
35,803
41,747
26,825
South Asia
400,596
325,804
100,595
55,395
23,980
Sub-Saharan Africa
205,992
162,065
58,220
48,821
14,684
Low-income countries
116,593
99,631
63,201
28,856
0
3,959,705
2,875,628
420,640
309,878
527,752
Middle-income countries
Source: World Bank data. Note: IBRD = International Bank for Reconstruction and Development; IDA = International Development Association; IMF = International Monetary Fund.
36
S U M M A R Y
Public and publicly guaranteed debt, commercial banks and other
Private nonguaranteed debt, bonds
Private nonguaranteed debt, commercial banks and other
IBRD (memo)
IDA (memo)
Use of IMF credit
Short-term debt
31,822
34,878
203,524
25,494
21,234
271
468,525
105,607
109,348
518,148
28,251
7,835
45,027
234,232
49,464
147,747
222,723
48,533
1,606
2,265
208,277
9,391
500
5,606
8,532
3,751
195
23,528
14,407
13,883
117,545
12,868
51,238
10,913
63,879
21,568
5,471
13,301
1,175
32,943
5,991
37,936
3,871
0
3,703
463
36,019
4,156
12,806
228,387
311,827
1,077,144
124,389
82,589
60,505
1,023,572
37
T A B L E S
.
Regional and Income Group Aggregate Tables
ALL DEVELOPING COUNTRIES (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
1,860,622 1,469,870 1,261,379 208,491 59,881 330,871 44,516
2,126,351 1,778,340 1,287,438 490,902 58,266 289,745 31,741
2,514,065 1,964,052 1,282,903 681,149 49,179 500,834 28,423
2,675,295 2,061,665 1,246,306 815,359 19,859 593,771 26,027
3,220,517 2,440,930 1,355,843 1,085,088 15,540 764,046 27,637
3,499,172 2,713,910 1,397,456 1,316,454 25,740 759,522 27,495
3,639,595 2,813,091 1,477,075 1,336,016 53,298 773,206 26,428
4,076,298 2,975,259 1,582,586 1,392,674 64,661 1,036,378 21,090
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
104,584 1,256,292 213,578 140,659
60,643 1,281,540 496,800 145,910
46,229 1,278,312 685,740 159,300
44,775 1,242,003 819,662 143,401
47,648 1,350,991 1,089,940 194,324
49,140 1,391,811 1,322,099 185,948
50,978 1,465,482 1,347,609 247,087
40,871 1,570,204 1,405,056 250,764
External debt flows Disbursements Long-term external debt IMF purchases
209,547 181,764 27,783
238,467 228,352 10,114
383,223 379,262 3,961
479,002 474,888 4,113
660,569 658,556 2,013
665,013 650,407 14,607
534,464 505,843 28,621
655,672 638,831 16,842
Principal repayments Long-term external debt IMF repurchases
120,574 111,933 8,641
232,473 211,870 20,603
327,078 282,956 44,122
383,096 352,277 30,819
362,730 355,576 7,155
396,227 392,427 3,800
383,041 381,197 1,844
428,917 425,895 3,022
Net flows Long-term external debt Short-term external debt
143,080 69,831 54,107
-1,521 16,482 -7,515
137,740 96,307 81,594
191,239 122,612 95,333
466,100 302,980 168,261
264,404 257,980 -4,383
166,167 124,646 14,744
495,230 212,936 268,474
Interest payments Long-term external debt IMF charges Short-term external debt
85,036 67,490 2,632 14,913
112,744 93,903 2,865 15,976
103,710 83,820 3,277 16,613
117,392 94,204 1,622 21,565
137,334 109,208 710 27,416
142,601 120,813 979 20,809
125,886 111,244 571 14,071
154,434 111,949 986 41,499
94,837 13,317
148,721 13,948
314,484 67,472
387,525 107,699
534,141 132,952
624,110 -53,363
399,950 108,756
506,062 128,413
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) .. 13.0 1.6 1.1 48.2
.. 11.9 1.0 0.5 63.0
14.0 10.1 1.1 0.6 66.0
14.5 9.9 0.7 0.6 66.7
14.8 8.9 0.6 0.6 67.6
13.5 10.6 0.4 0.5 67.8
14.1 10.1 0.5 0.5 67.9
12.7 10.4 0.5 0.4 69.4
5.8 19.2 5.4
4.8 20.2 5.0
3.6 22.1 5.7
3.9 22.8 6.2
3.6 23.3 6.5
2.8 23.6 6.5
1.9 21.5 6.2
1.8 22.9 6.7
6.5 7.4 3.4
8.2 11.2 8.5
6.3 11.3 8.7
6.2 11.9 9.4
6.4 11.0 8.1
6.0 11.7 8.0
6.2 9.7 8.2
4.9 12.4 9.0
4,797,416 1,141,830 53,349 1,301,854 36,709 439,401
5,628,860 1,654,724 77,752 1,706,988 67,823 642,754
9,436,088 3,310,882 186,981 3,271,139 196,687 1,979,073
11,209,853 4,048,536 221,642 3,896,346 257,048 2,615,959
13,910,950 4,905,753 276,403 4,773,434 325,986 3,701,232
16,633,250 5,900,518 322,921 5,834,427 378,327 4,153,683
16,264,212 4,727,932 306,271 4,764,531 319,275 4,835,610
19,437,081 5,936,528 319,552 6,033,022 342,894 5,587,636
163.0 38.8 18.0 17.8 15.0 23.6 4.1
128.5 37.8 20.9 13.6 15.4 30.2 4.5
75.9 26.6 13.0 19.9 14.9 78.7 7.3
66.1 23.9 12.4 22.2 13.0 97.8 8.1
65.6 23.2 10.2 23.7 11.6 114.9 9.3
59.3 21.0 9.1 21.7 11.3 118.7 8.5
77.0 22.4 10.8 21.2 12.2 132.9 12.2
68.7 21.0 9.8 25.4 11.9 137.1 11.1
Euro Japanese yen Pound sterling Swiss franc U.S.dollars
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
40
ALL DEVELOPING COUNTRIES (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
1,469,870 1,261,379 764,851 278,753 106,440 71,495 486,099 496,528 220,501 146,863 208,491 51,018
1,778,340 1,287,438 751,694 326,618 108,322 86,796 425,076 535,744 341,957 125,803 490,902 89,492
1,964,052 1,282,903 715,244 373,641 96,370 121,077 341,602 567,659 400,279 125,950 681,149 155,162
2,061,665 1,246,306 636,440 348,159 92,386 99,005 288,282 609,866 409,788 163,807 815,359 192,861
2,440,930 1,355,843 668,757 373,874 93,651 107,675 294,883 687,086 455,913 198,841 1,085,088 250,265
2,713,910 1,397,456 711,011 395,001 96,696 111,269 316,011 686,445 468,243 190,359 1,316,454 241,846
2,813,091 1,477,075 772,345 443,775 108,696 116,967 328,570 704,730 484,388 189,535 1,336,016 256,961
2,975,259 1,582,586 822,575 483,841 124,852 118,607 338,734 760,010 527,752 202,652 1,392,674 311,827
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
181,764 128,269 64,895 31,117 12,545 5,474 33,778 63,374 22,036 22,190 53,495 14,063
228,352 137,193 52,387 34,261 12,969 5,219 18,126 84,806 55,784 18,131 91,159 10,810
379,262 142,619 46,076 34,253 9,180 7,207 11,823 96,543 61,066 31,775 236,643 47,975
474,888 151,919 54,722 40,007 11,934 6,771 14,715 97,197 57,988 34,149 322,969 54,555
658,556 186,837 60,069 43,714 10,498 7,358 16,355 126,768 75,318 47,852 471,718 84,368
650,407 174,672 68,706 47,599 13,608 6,864 21,107 105,966 73,523 30,035 475,734 27,235
505,843 217,405 100,215 72,435 22,703 8,712 27,780 117,190 69,052 41,806 288,439 37,236
638,831 253,309 105,448 71,390 26,246 7,688 34,059 147,860 86,861 51,398 385,522 86,053
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
111,933 86,015 42,587 19,653 11,364 542 22,934 43,428 11,091 15,281 25,918 4,042
211,870 113,674 47,540 22,591 9,418 948 24,949 66,134 31,454 23,256 98,197 15,032
282,956 145,932 70,215 26,691 12,130 1,621 43,524 75,717 44,589 22,303 137,024 15,063
352,277 191,849 97,008 36,471 17,188 1,779 60,536 94,841 60,257 25,145 160,428 17,980
355,576 127,648 53,409 26,490 10,866 1,836 26,920 74,239 43,145 23,976 227,927 24,880
392,427 143,529 49,992 26,982 10,947 2,296 23,010 93,537 53,897 32,407 248,898 20,144
381,197 117,318 46,498 25,467 10,860 2,252 21,031 70,820 32,705 30,706 263,879 22,467
425,895 124,527 48,021 25,854 9,165 2,342 22,167 76,506 35,031 33,484 301,368 26,500
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
67,490 56,594 27,407 13,162 7,614 503 14,245 29,186 14,713 7,822 10,897 3,172
93,903 63,242 25,999 15,237 7,456 577 10,762 37,243 25,003 8,561 30,662 7,776
83,820 60,511 23,934 10,581 4,020 897 13,353 36,578 30,128 4,919 23,309 8,861
94,204 56,330 19,726 11,672 4,782 811 8,055 36,604 28,827 6,256 37,874 14,076
109,208 59,793 20,230 12,878 5,435 758 7,352 39,563 31,222 6,539 49,415 16,282
120,813 59,141 19,011 12,309 4,576 908 6,702 40,131 31,726 6,706 61,671 15,893
111,244 54,237 16,999 10,515 3,432 798 6,484 37,238 30,820 5,180 57,006 16,400
111,949 55,120 16,592 8,930 2,256 825 7,662 38,528 33,011 4,349 56,829 18,110
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
750
Non-debt flows (bill US$)
500
100
250
50
0
0 2002
2003
2004
2005
Foreign direct investment
2006
2007
Debt ratios (%)
150
2008
2009
2010
Portfolio equity flows
2002
2003
2004
2005
Debt to exports
41
2006
2007
2008
2009
Reserves to debt
2010
EAST ASIA AND PACIFIC (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
455,520 345,358 255,375 89,982 1,337 108,826 2,952
496,193 418,119 270,964 147,155 16,452 61,621 5,336
613,430 407,365 260,850 146,515 8,545 197,521 1,090
646,167 423,399 258,676 164,723 239 222,529 994
722,828 447,902 260,102 187,799 215 274,712 1,125
754,725 491,239 279,621 211,618 162 263,325 1,155
833,821 506,653 294,848 211,805 291 326,877 1,226
1,013,971 545,176 306,774 238,402 271 468,525 1,338
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
10,943 253,988 91,370 46,429
7,461 270,613 147,507 26,963
5,929 260,329 147,036 24,975
4,680 258,181 165,219 20,367
5,344 259,670 188,232 19,086
5,478 279,193 212,046 28,871
5,779 289,934 216,719 42,584
6,228 301,969 243,207 41,977
External debt flows Disbursements Long-term external debt IMF purchases
59,108 58,906 203
43,658 42,165 1,493
74,963 74,963 0
77,070 77,070 0
91,224 91,224 0
88,656 88,656 0
88,027 87,853 174
123,095 123,062 33
Principal repayments Long-term external debt IMF repurchases
32,238 31,848 390
47,273 47,006 267
68,930 67,332 1,597
71,474 62,995 8,479
75,661 75,626 35
72,306 72,257 49
82,541 82,490 50
85,742 85,694 48
Net flows Long-term external debt Short-term external debt
54,090 27,058 27,220
-14,427 -4,841 -10,812
40,865 7,631 34,831
30,700 14,075 25,105
67,614 15,598 52,051
4,933 16,399 -11,417
68,968 5,363 63,481
178,890 37,368 141,537
Interest payments Long-term external debt IMF charges Short-term external debt
20,622 15,538 69 5,014
25,234 20,430 793 4,011
17,861 12,844 336 4,682
21,999 14,244 308 7,446
25,492 17,456 3 8,033
23,024 16,909 1 6,114
18,701 14,303 2 4,397
47,087 18,042 2 29,042
50,796 3,746
45,168 6,589
142,435 25,684
151,673 56,191
198,905 35,094
214,135 -7,326
137,453 28,868
227,709 40,463
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) .. 28.2 0.4 0.5 36.7
.. 28.3 0.4 0.2 55.8
8.4 26.5 0.7 0.3 57.1
9.0 25.5 0.6 0.2 58.1
9.2 24.4 0.6 0.2 58.9
7.5 27.0 0.4 0.2 59.1
6.6 24.6 0.3 0.2 62.8
5.7 25.5 0.3 0.1 63.0
5.3 22.0 5.6
3.8 26.9 6.3
3.1 24.9 6.7
4.2 25.1 6.5
3.3 25.5 7.3
2.3 24.9 7.1
1.5 24.7 6.3
1.3 24.8 7.4
6.4 9.6 4.4
6.6 13.0 5.0
5.6 11.1 8.3
6.6 15.7 11.4
5.2 16.2 11.9
5.2 13.0 8.5
6.8 11.1 8.7
5.5 15.2 7.6
1,284,827 416,035 8,918 452,272 15,893 167,801
1,680,605 636,015 15,799 606,287 31,671 283,042
3,041,210 1,379,914 50,286 1,277,026 73,892 1,020,252
3,664,541 1,705,206 57,409 1,479,822 77,104 1,315,651
4,642,068 2,108,699 71,009 1,764,197 91,664 1,856,871
5,871,392 2,462,617 85,446 2,092,510 104,299 2,289,107
6,347,846 2,101,318 85,963 1,836,862 117,556 2,824,082
7,530,404 2,741,865 91,959 2,458,638 122,031 3,375,065
109.5 35.5 12.7 23.9 11.8 36.8 4.5
78.0 29.5 11.4 12.4 13.3 57.0 5.6
44.5 20.2 6.3 32.2 10.5 166.3 9.6
37.9 17.6 5.5 34.4 10.3 203.6 10.7
34.3 15.6 4.8 38.0 9.6 256.9 12.6
30.6 12.9 3.9 34.9 9.8 303.3 13.1
39.7 13.1 4.8 39.2 9.7 338.7 18.4
37.0 13.5 4.8 46.2 8.5 332.9 16.5
Euro Japanese yen Pound sterling Swiss franc U.S.dollars
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
42
EAST ASIA AND PACIFIC (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
345,358 255,375 159,571 53,607 27,912 9,692 105,964 95,804 23,690 39,894 89,982 15,574
418,119 270,964 171,436 65,756 30,476 12,520 105,680 99,529 35,834 33,257 147,155 22,077
407,365 260,850 172,445 64,368 23,331 16,498 108,076 88,405 52,285 17,675 146,515 24,435
423,399 258,676 172,494 66,424 22,550 17,683 106,069 86,182 54,913 14,755 164,723 25,472
447,902 260,102 177,954 69,641 21,693 19,086 108,313 82,148 55,340 12,881 187,799 22,968
491,239 279,621 194,122 73,617 22,275 19,683 120,505 85,498 57,220 15,440 211,618 21,711
506,653 294,848 201,669 80,671 23,383 20,921 120,998 93,179 60,812 16,838 211,805 22,840
545,176 306,774 207,769 86,037 25,494 21,234 121,732 99,005 67,184 17,728 238,402 34,878
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
58,906 38,009 17,653 6,129 3,168 934 11,524 20,356 4,449 8,785 20,897 5,731
42,165 28,718 15,620 6,943 3,245 700 8,677 13,099 4,539 2,535 13,446 1,106
74,963 25,251 9,056 5,145 1,825 627 3,911 16,195 11,523 3,034 49,711 4,981
77,070 25,828 11,687 5,930 2,012 754 5,757 14,141 9,036 1,912 51,241 3,444
91,224 19,599 11,712 6,715 2,347 1,058 4,997 7,887 4,295 1,207 71,625 1,701
88,656 22,764 12,640 7,775 3,200 1,152 4,865 10,124 5,180 3,411 65,893 368
87,853 38,112 16,345 10,039 3,710 1,550 6,306 21,768 13,903 3,701 49,740 2,733
123,062 41,164 16,340 8,612 4,503 1,068 7,728 24,823 12,914 5,869 81,898 15,328
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
31,848 21,663 8,355 3,094 2,152 50 5,261 13,308 1,854 5,320 10,185 120
47,006 22,798 10,243 4,062 2,006 107 6,181 12,555 1,211 7,160 24,208 5,168
67,332 24,499 10,767 4,609 2,798 286 6,158 13,732 4,318 5,471 42,833 2,115
62,995 25,130 12,510 4,676 2,891 324 7,834 12,620 5,432 2,684 37,865 3,022
75,626 22,485 15,093 4,969 3,336 368 10,124 7,392 2,103 2,606 53,141 2,719
72,257 21,880 13,556 4,781 2,775 413 8,775 8,325 2,808 1,675 50,377 1,533
82,490 24,895 12,810 4,590 2,583 450 8,220 12,084 5,323 2,629 57,596 2,929
85,694 26,291 12,912 4,686 2,422 478 8,226 13,379 5,482 2,993 59,403 1,947
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
15,538 12,045 6,283 3,051 1,999 69 3,232 5,763 1,238 2,462 3,493 503
20,430 12,891 7,237 3,833 2,146 87 3,404 5,654 2,288 1,921 7,539 1,942
12,844 8,633 4,043 2,018 1,028 133 2,025 4,590 3,217 845 4,211 1,293
14,244 9,262 4,470 2,245 1,168 131 2,225 4,793 3,658 609 4,982 1,486
17,456 10,583 5,113 2,492 1,298 134 2,621 5,470 3,952 717 6,873 1,495
16,909 10,174 4,664 2,282 1,085 146 2,382 5,510 4,064 615 6,735 1,239
14,303 9,419 3,947 1,726 734 139 2,221 5,473 4,380 547 4,883 1,154
18,042 10,524 4,578 1,408 524 146 3,170 5,947 4,928 559 7,518 1,308
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
300
Non-debt flows (bill US$)
Debt ratios (%)
400 350 300
200
250 200 150
100
100 50 0
0 2002
2003
2004
2005
Foreign direct investment
2006
2007
2008
2009
2010
Portfolio equity flows
2002
2003
2004
2005
Debt to exports
43
2006
2007
2008
2009
Reserves to debt
2010
EUROPE AND CENTRAL ASIA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
246,643 199,574 189,317 10,256 15,788 31,282 7,818
367,800 286,518 218,325 68,193 21,773 59,508 8,508
613,601 475,282 210,641 264,641 18,810 119,508 4,098
751,739 577,435 242,314 335,121 13,088 161,216 1,538
1,047,612 804,863 305,645 499,218 8,550 234,199 1,586
1,206,210 963,516 303,463 660,053 15,158 227,536 1,773
1,212,410 987,057 330,536 656,521 36,222 189,131 1,890
1,273,418 994,159 366,663 627,496 45,027 234,232 1,461
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
28,017 188,810 10,764 14,658
14,077 217,784 68,734 21,526
3,545 209,966 265,316 31,207
2,020 241,672 335,764 35,572
2,172 304,744 500,119 73,011
2,925 302,113 661,403 49,376
4,869 328,949 658,109 51,691
6,821 364,450 629,710 62,533
External debt flows Disbursements Long-term external debt IMF purchases
23,031 15,008 8,024
41,443 37,075 4,369
152,487 149,698 2,789
205,008 201,927 3,081
309,225 307,980 1,245
341,148 331,656 9,492
215,289 193,895 21,394
248,650 237,021 11,629
Principal repayments Long-term external debt IMF repurchases
12,765 12,113 652
31,287 26,370 4,917
96,625 84,041 12,585
107,038 98,148 8,889
120,846 114,566 6,280
168,258 165,770 2,488
165,077 164,143 935
206,788 204,517 2,271
Net flows Long-term external debt Short-term external debt
14,234 2,895 3,968
19,521 10,705 9,365
76,638 65,657 20,776
142,238 103,778 44,268
260,909 193,414 72,530
166,040 165,887 -6,850
11,689 29,753 -38,523
87,393 32,505 45,531
Interest payments Long-term external debt IMF charges Short-term external debt
9,256 7,589 558 1,109
16,753 12,716 1,064 2,973
25,483 20,298 1,125 4,060
32,919 26,396 905 5,618
44,026 35,376 623 8,027
55,227 47,473 429 7,326
49,767 44,530 454 4,784
46,433 40,530 818 5,085
5,778 248
9,798 986
51,962 6,680
94,338 12,301
136,152 27,002
162,200 -15,265
85,927 6,367
86,268 -846
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 8.2 0.8 2.7 47.6
.. 5.2 0.3 0.3 64.1
20.9 3.3 0.2 0.5 70.9
19.4 2.9 0.1 1.1 73.2
18.5 2.4 0.1 1.0 75.7
19.2 3.1 0.0 1.0 74.6
21.6 2.9 0.0 0.4 73.0
21.5 2.9 0.0 0.3 73.1
5.7 17.0 5.4
5.7 17.8 5.3
2.7 22.8 6.4
3.9 18.6 5.9
4.2 18.4 6.1
3.7 19.8 7.0
2.4 18.4 5.9
2.3 18.9 6.5
6.5 6.2 2.6
8.7 9.8 7.5
5.4 8.0 5.9
5.9 7.7 6.2
5.9 8.1 6.1
5.8 7.7 5.5
6.2 6.6 5.9
4.8 9.2 7.7
758,617 203,616 6,482 223,651 623 43,240
694,348 261,256 9,297 249,262 3,065 68,091
1,662,717 619,868 19,698 619,371 32,955 314,138
2,028,818 767,501 24,950 792,315 56,016 488,160
2,630,779 952,959 38,689 1,047,340 78,085 715,709
3,234,326 1,240,543 45,014 1,324,445 102,502 657,825
2,540,148 862,023 36,079 908,808 60,831 684,441
2,963,163 1,047,760 36,037 1,098,640 79,212 750,644
121.1 32.5 10.8 12.7 7.6 17.5 2.3
140.8 53.0 18.4 16.2 8.0 18.5 3.3
99.0 36.9 19.7 19.5 6.2 51.2 6.1
97.9 37.1 18.2 21.4 5.5 64.9 7.4
109.9 39.8 17.3 22.4 4.5 68.3 8.2
97.2 37.3 18.0 18.9 4.1 54.5 6.0
140.6 47.7 24.9 15.6 5.3 56.5 9.0
121.5 43.0 24.2 18.4 5.7 58.9 8.2
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
44
EUROPE AND CENTRAL ASIA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
199,574 189,317 98,729 18,845 10,908 669 79,884 90,588 21,412 35,523 10,256 149
286,518 218,325 115,115 29,491 19,068 2,667 85,624 103,210 68,646 24,725 68,193 3,333
475,282 210,641 86,375 38,077 21,793 5,548 48,298 124,267 79,647 39,474 264,641 46,448
577,435 242,314 65,345 41,070 22,214 6,188 24,275 176,969 92,101 80,400 335,121 70,958
804,863 305,645 72,333 47,105 22,688 6,862 25,228 233,312 120,695 109,250 499,218 108,189
963,516 303,463 77,688 49,969 23,071 7,160 27,719 225,775 126,685 96,314 660,053 115,941
987,057 330,536 94,097 63,726 25,806 7,631 30,371 236,439 133,579 100,424 656,521 108,733
994,159 366,663 104,968 72,697 28,251 7,835 32,271 261,695 156,088 103,376 627,496 109,348
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
15,008 12,803 5,327 3,418 2,166 370 1,909 7,476 2,419 1,579 2,205 0
37,075 21,250 6,925 4,373 2,655 351 2,552 14,325 7,907 5,337 15,824 566
149,698 26,150 5,190 4,251 1,816 420 940 20,960 7,787 12,953 123,548 21,619
201,927 42,406 6,338 5,184 2,477 412 1,154 36,068 15,553 20,382 159,520 25,562
307,980 70,578 9,349 6,481 2,153 468 2,868 61,229 31,685 29,381 237,402 42,353
331,656 41,161 11,270 7,479 2,825 423 3,792 29,891 18,488 11,233 290,496 16,253
193,895 63,105 21,064 16,575 4,968 509 4,488 42,041 15,267 26,625 130,790 3,225
237,021 73,519 19,296 15,344 5,383 439 3,952 54,223 31,975 22,004 163,502 16,456
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
12,113 10,940 3,652 1,987 901 6 1,665 7,289 2,765 1,829 1,172 0
26,370 12,747 5,804 2,270 961 6 3,534 6,943 2,241 2,425 13,623 930
84,041 39,062 23,887 4,034 2,932 23 19,853 15,175 10,660 3,000 44,979 1,982
98,148 43,566 30,935 3,757 2,654 38 27,179 12,630 5,614 6,040 54,583 1,530
114,566 23,010 6,624 3,817 2,411 56 2,807 16,386 7,283 7,905 91,556 6,794
165,770 37,243 6,304 4,018 2,472 75 2,286 30,938 10,602 19,581 128,527 7,746
164,143 28,047 5,856 3,830 2,336 92 2,026 22,191 9,620 12,031 136,096 10,697
204,517 31,622 6,019 3,828 2,261 105 2,191 25,603 7,667 17,500 172,895 13,673
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
7,589 7,214 3,096 1,027 591 3 2,068 4,118 1,616 1,402 375 13
12,716 9,058 3,004 1,566 1,080 19 1,437 6,054 4,292 1,247 3,658 312
20,298 12,323 4,043 1,442 872 45 2,601 8,280 6,457 1,530 7,975 2,732
26,396 12,589 3,534 1,583 1,071 47 1,951 9,055 6,468 2,337 13,807 4,544
35,376 13,232 2,652 1,901 1,217 50 751 10,580 7,684 2,667 22,143 7,017
47,473 14,856 2,684 1,916 1,083 54 768 12,171 8,798 3,182 32,617 7,904
44,530 13,414 2,330 1,679 848 53 651 11,085 8,999 1,944 31,115 8,073
40,530 13,455 1,940 1,302 399 56 637 11,515 9,424 1,981 27,076 7,369
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
200
Non-debt flows (bill US$)
Debt ratios (%)
150
150
100
100
50 50
0
0 2002
2003
2004
2005
Foreign direct investment
2006
2007
2008
2009
2010
Portfolio equity flows
2002
2003
2004
2005
Debt to exports
45
2006
2007
2008
2009
Reserves to debt
2010
LATIN AMERICA AND CARIBBEAN (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
608,673 459,185 371,882 87,303 26,632 122,856 10,303
751,068 631,256 389,534 241,722 8,846 110,966 1,674
738,623 606,510 410,027 196,483 13,122 118,991 8,904
736,981 617,331 392,670 224,661 737 118,913 8,321
824,828 680,098 404,130 275,968 804 143,927 10,367
882,341 731,327 417,621 313,706 824 150,190 10,943
899,103 751,466 429,963 321,503 1,243 146,393 11,672
1,038,725 828,184 457,714 370,470 2,265 208,277 6,374
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
15,834 369,917 89,269 49,943
3,510 386,575 244,681 66,072
12,361 407,550 198,959 55,281
13,126 390,442 226,889 49,936
16,955 401,931 278,167 52,159
19,264 415,034 316,292 62,140
20,449 426,100 325,366 88,341
9,959 453,530 374,654 74,870
External debt flows Disbursements Long-term external debt IMF purchases
89,784 74,013 15,772
119,832 116,322 3,510
100,122 99,530 593
132,640 132,077 564
149,257 149,008 249
158,864 158,651 213
155,204 154,754 450
193,616 192,157 1,459
Principal repayments Long-term external debt IMF repurchases
43,123 40,291 2,832
124,162 109,925 14,237
112,476 84,303 28,172
147,474 134,791 12,683
103,180 102,960 220
102,976 102,804 173
96,857 96,804 53
96,088 95,937 151
Net flows Long-term external debt Short-term external debt
61,053 33,722 14,392
-5,247 6,397 -917
8,060 15,226 20,413
-14,329 -2,714 504
69,045 46,048 22,968
61,576 55,848 5,688
53,821 57,951 -4,526
164,709 96,220 67,182
Interest payments Long-term external debt IMF charges Short-term external debt
35,905 28,411 1,100 6,393
54,789 47,273 777 6,739
40,709 33,347 1,732 5,630
45,828 39,605 330 5,894
47,720 40,635 35 7,050
44,884 40,740 26 4,117
41,265 38,344 9 2,912
44,157 38,914 17 5,227
30,201 4,754
79,052 -561
73,544 12,209
72,003 11,047
110,437 28,837
130,026 -9,658
78,321 41,582
112,626 41,300
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) .. 8.2 1.1 0.6 62.1
.. 6.6 0.6 0.3 73.4
9.5 3.4 0.2 0.2 82.0
10.7 3.0 0.3 0.1 81.6
11.4 2.8 0.2 0.1 82.2
10.2 3.2 0.1 0.1 83.6
11.1 4.0 0.4 0.2 82.1
8.9 4.4 0.4 0.3 84.5
7.6 14.2 4.1
5.9 12.5 2.8
4.4 18.8 4.9
5.4 18.9 5.4
5.2 18.3 5.0
3.5 20.6 5.3
2.1 18.8 6.4
1.8 19.6 6.0
6.8 4.1 2.9
9.4 12.6 11.6
7.3 14.5 12.0
6.2 14.9 12.7
7.2 16.3 12.5
6.5 15.9 11.3
5.9 11.1 9.8
5.3 14.3 12.6
1,698,096 289,620 13,318 343,890 14,909 138,616
1,967,875 442,911 20,164 512,714 22,785 158,413
2,545,138 666,610 49,795 686,106 53,525 257,309
2,992,656 798,414 58,840 817,863 76,782 312,791
3,554,140 911,867 62,874 968,269 90,487 450,589
4,153,365 1,044,003 64,414 1,146,839 94,352 500,720
3,866,338 821,954 56,572 901,707 77,457 554,850
4,786,771 1,017,266 57,245 1,137,215 88,845 645,038
210.2 35.8 27.3 20.2 11.9 22.8 4.8
169.6 38.2 40.4 14.8 12.3 21.1 3.7
110.8 29.0 23.0 16.1 14.0 34.8 4.5
92.3 24.6 24.6 16.1 13.0 42.4 4.6
90.5 23.2 16.6 17.4 11.6 54.6 5.6
84.5 21.2 14.2 17.0 11.5 56.7 5.2
109.4 23.3 16.8 16.3 12.8 61.7 7.4
102.1 21.7 13.8 20.1 12.6 62.1 6.8
Euro Japanese yen Pound sterling Swiss franc U.S.dollars
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
46
LATIN AMERICA AND CARIBBEAN (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
459,185 371,882 159,022 72,134 36,299 2,186 86,888 212,860 165,105 34,360 87,303 33,829
631,256 389,534 139,658 92,652 37,429 3,387 47,005 249,877 210,023 31,394 241,722 60,325
606,510 410,027 134,217 103,248 34,958 5,049 30,969 275,810 232,945 38,479 196,483 75,499
617,331 392,670 123,807 95,870 31,528 1,529 27,937 268,863 226,132 39,594 224,661 82,939
680,098 404,130 121,353 95,349 31,534 1,692 26,004 282,776 235,342 43,340 275,968 95,586
731,327 417,621 130,632 101,372 33,857 1,778 29,260 286,989 240,986 42,633 313,706 82,025
751,466 429,963 149,159 115,092 40,439 1,468 34,067 280,804 240,414 36,222 321,503 102,493
828,184 457,714 169,259 130,489 48,533 1,606 38,770 288,456 238,992 44,181 370,470 147,747
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
74,013 46,483 23,663 9,893 4,624 277 13,771 22,819 13,654 7,427 27,530 7,412
116,322 58,420 16,176 13,297 5,595 202 2,879 42,244 35,022 6,476 57,903 8,312
99,530 54,860 12,897 10,528 3,550 306 2,369 41,963 35,298 6,168 44,670 16,018
132,077 48,843 16,745 14,673 5,570 178 2,072 32,098 24,272 7,229 83,233 20,751
149,008 44,789 14,762 13,064 3,067 129 1,698 30,027 23,538 6,155 104,220 26,935
158,651 63,410 19,361 15,772 5,679 114 3,589 44,049 36,092 7,798 95,242 10,020
154,754 68,601 31,008 24,282 10,790 157 6,726 37,593 32,523 4,405 86,153 28,605
192,157 75,403 34,447 25,954 11,151 210 8,493 40,956 22,420 16,083 116,754 52,980
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
40,291 27,594 14,493 8,309 4,974 21 6,185 13,101 5,833 4,240 12,696 3,922
109,925 51,901 16,788 9,787 3,798 18 7,000 35,114 26,575 6,934 58,024 8,849
84,303 43,873 16,655 10,920 4,561 39 5,735 27,218 19,163 7,270 40,430 10,583
134,791 78,880 24,553 19,237 9,143 29 5,317 54,326 43,062 10,111 55,911 13,165
102,960 47,743 15,859 10,818 3,311 14 5,042 31,884 24,603 6,501 55,217 13,292
102,804 47,501 12,871 10,496 3,407 24 2,375 34,630 27,881 6,117 55,303 9,228
96,804 36,765 13,463 9,778 4,301 20 3,685 23,302 13,358 8,755 60,039 7,062
95,937 41,193 14,380 10,199 3,061 46 4,181 26,813 18,944 6,541 54,745 7,680
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
28,411 22,582 8,831 4,850 2,651 23 3,981 13,751 11,254 1,568 5,829 2,597
47,273 29,249 8,531 6,323 2,801 17 2,209 20,717 17,194 2,715 18,024 5,185
33,347 24,140 5,590 4,452 1,507 37 1,138 18,550 16,721 1,629 9,208 4,534
39,605 24,600 5,994 4,985 1,813 23 1,009 18,606 16,496 1,934 15,004 7,607
40,635 25,257 5,996 5,020 1,781 12 976 19,260 17,245 1,710 15,378 7,177
40,740 23,626 5,464 4,658 1,545 14 806 18,162 16,275 1,630 17,114 6,123
38,344 21,952 5,035 4,085 1,302 12 950 16,917 14,864 1,756 16,392 6,543
38,914 22,102 4,685 3,751 1,050 11 934 17,417 15,959 1,205 16,811 7,905
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
200
Non-debt flows (bill US$)
150
150
100
100
50
50
0
0 2002
2003
2004
2005
Foreign direct investment
2006
2007
Debt ratios (%)
200
2008
2009
2010
Portfolio equity flows
2002
2003
2004
2005
Debt to exports
47
2006
2007
2008
2009
Reserves to debt
2010
MIDDLE EAST AND NORTH AFRICA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
161,736 141,183 140,296 887 2,177 18,375 2,673
139,233 116,545 112,575 3,970 2,542 20,145 2,629
145,387 122,593 115,831 6,762 547 22,247 298
136,869 114,967 108,351 6,616 423 21,479 307
148,268 122,977 116,355 6,623 353 24,937 256
137,931 116,905 110,248 6,657 258 20,768 259
141,010 118,411 112,261 6,150 200 22,400 326
143,595 119,872 113,766 6,106 195 23,528 342
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
8,720 139,868 1,315 12,036
9,977 112,209 4,336 10,177
509 115,183 7,410 13,605
482 107,601 7,367 12,061
442 115,197 7,780 10,585
419 109,180 7,725 9,759
418 111,253 7,158 11,733
424 112,832 7,040 15,337
External debt flows Disbursements Long-term external debt IMF purchases
11,547 10,958 590
9,241 9,218 24
14,795 14,795 0
11,938 11,938 0
14,913 14,835 78
11,879 11,833 46
13,668 13,666 2
14,586 14,533 53
Principal repayments Long-term external debt IMF repurchases
11,418 11,029 390
10,936 10,698 238
14,879 14,133 745
24,884 24,734 150
14,365 14,199 166
16,303 16,168 135
13,283 13,220 64
12,189 12,135 54
Net flows Long-term external debt Short-term external debt
3,702 -71 3,573
-3,022 -1,480 -1,327
178 662 261
-13,724 -12,796 -777
4,057 636 3,509
-8,595 -4,335 -4,171
1,949 446 1,564
3,509 2,398 1,112
Interest payments Long-term external debt IMF charges Short-term external debt
7,393 6,311 112 970
5,867 4,888 130 849
6,010 4,794 32 1,184
5,971 4,784 14 1,172
5,840 4,740 12 1,088
5,399 4,775 7 617
4,961 4,361 3 597
4,927 4,263 2 662
870 32
3,878 252
16,763 2,410
27,228 963
27,601 -2,096
29,219 422
26,079 1,200
22,670 36
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 9.5 1.1 1.0 44.0
.. 10.2 0.9 1.1 51.2
29.5 8.3 1.7 1.5 46.3
31.0 7.9 1.7 1.5 44.6
33.3 7.3 1.6 1.3 42.5
31.4 9.0 0.6 1.2 42.5
32.2 8.4 0.6 1.4 41.5
30.5 8.8 0.6 1.3 42.5
5.2 17.3 5.2
4.6 19.5 5.5
3.8 19.1 5.7
3.8 22.5 6.9
3.6 19.4 5.9
3.4 21.2 5.6
2.2 20.5 5.7
1.7 21.5 5.8
7.2 9.7 3.3
7.5 7.4 3.5
5.7 7.4 5.3
6.8 10.9 7.9
6.0 7.8 5.4
8.6 5.8 5.7
7.8 7.0 6.5
4.7 14.5 10.8
273,332 89,138 11,468 91,459 941 38,387
362,754 117,615 10,460 105,104 1,721 49,482
539,427 216,120 23,647 204,805 8,245 148,207
624,057 265,310 25,125 228,686 9,342 186,054
761,728 312,740 31,041 280,391 9,208 234,053
926,597 395,622 34,699 357,489 10,410 277,486
926,767 328,128 32,412 337,205 11,355 301,670
1,018,299 337,575 31,016 352,389 3,595 325,791
181.4 59.2 21.1 11.4 14.1 23.7 5.0
118.4 38.4 14.3 14.5 16.6 35.5 5.6
67.3 27.0 9.7 15.3 17.8 101.9 8.7
51.6 21.9 11.6 15.7 18.8 135.9 9.8
47.4 19.5 6.5 16.8 20.6 157.9 10.0
34.9 14.9 5.5 15.1 22.4 201.2 9.3
43.0 15.2 5.6 15.9 24.5 213.9 10.7
42.5 14.1 5.1 16.4 24.9 226.9 11.1
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
48
MIDDLE EAST AND NORTH AFRICA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
141,183 140,296 105,107 22,871 10,646 2,105 82,236 35,189 2,036 10,340 887 50
116,545 112,575 88,163 23,099 7,664 2,685 65,064 24,412 7,375 8,412 3,970 836
122,593 115,831 77,471 25,834 6,757 3,344 51,637 38,361 22,142 8,718 6,762 1,011
114,967 108,351 70,215 25,701 6,144 3,616 44,514 38,136 23,179 8,067 6,616 805
122,977 116,355 76,497 30,476 7,447 3,795 46,022 39,857 24,579 8,961 6,623 530
116,905 110,248 74,278 30,836 7,123 3,802 43,441 35,970 23,907 7,632 6,657 470
118,411 112,261 77,734 34,602 8,016 3,831 43,132 34,527 23,544 7,384 6,150 670
119,872 113,766 77,550 35,803 8,532 3,751 41,747 36,216 26,825 6,559 6,106 500
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
10,958 10,775 5,986 3,503 1,455 128 2,483 4,790 888 874 183 50
9,218 7,937 3,407 1,942 532 118 1,465 4,530 2,031 1,092 1,281 115
14,795 12,875 5,421 3,813 895 202 1,608 7,454 4,144 2,264 1,920 530
11,938 10,741 5,088 3,434 739 225 1,654 5,653 3,799 1,444 1,197 0
14,835 13,080 7,051 5,490 1,723 145 1,562 6,029 3,635 2,076 1,755 0
11,833 9,724 6,266 3,670 684 126 2,597 3,458 2,257 1,027 2,108 0
13,666 12,071 8,101 5,750 1,625 110 2,351 3,970 2,894 1,010 1,595 200
14,533 13,236 7,070 4,852 1,409 84 2,218 6,166 5,502 640 1,297 0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
11,029 10,902 7,349 2,021 1,109 28 5,328 3,553 278 629 127 0
10,698 10,461 5,915 2,014 869 45 3,900 4,547 896 1,425 237 50
14,133 13,324 7,855 3,407 1,030 76 4,449 5,469 1,883 1,764 809 265
24,734 23,078 16,195 4,762 1,673 82 11,433 6,883 2,810 2,470 1,656 206
14,199 11,788 5,877 2,634 771 90 3,243 5,911 2,620 1,913 2,411 275
16,168 14,185 7,938 2,608 986 98 5,330 6,247 3,021 1,722 1,983 60
13,220 10,990 5,609 2,337 731 103 3,272 5,381 3,022 1,347 2,230 0
12,135 10,304 5,903 2,451 572 108 3,452 4,401 2,168 1,404 1,831 170
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
6,311 6,278 4,258 1,361 748 15 2,897 2,020 88 617 33 0
4,888 4,734 3,127 1,305 602 20 1,822 1,607 458 569 154 69
4,794 4,504 2,498 1,014 308 28 1,484 2,006 1,366 320 290 90
4,784 4,480 2,267 1,030 296 27 1,237 2,213 1,499 399 304 74
4,740 4,466 2,136 1,085 329 28 1,051 2,330 1,591 430 274 57
4,775 4,515 2,226 1,191 352 30 1,034 2,290 1,623 401 260 40
4,361 4,100 2,022 1,071 260 28 951 2,077 1,669 267 262 43
4,263 4,048 2,112 976 161 28 1,136 1,936 1,662 191 215 51
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
30
Non-debt flows (bill US$)
Debt ratios (%)
250
200 20
150
100 10
50
0
0 2002
2003
2004
2005
Foreign direct investment
2006
2007
2008
2009
2010
Portfolio equity flows
2002
2003
2004
2005
Debt to exports
49
2006
2007
2008
2009
Reserves to debt
2010
SOUTH ASIA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
152,282 137,937 129,636 8,301 5,293 9,051 59
161,043 153,065 134,552 18,514 1,918 6,059 120
188,531 174,473 116,372 58,101 2,208 11,851 30
232,851 201,953 126,998 74,956 2,232 28,665 18
287,534 243,649 144,428 99,221 2,277 41,607 36
321,146 266,288 156,023 110,265 5,374 49,483 33
353,417 292,199 169,387 122,812 9,081 52,137 47
400,596 325,804 194,376 131,428 10,913 63,879 100
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
81 128,962 8,975 8,435
276 133,778 19,287 12,817
68 116,200 58,273 10,443
90 126,847 75,107 12,965
150 144,293 99,356 20,635
86 155,829 110,459 17,483
141 169,184 123,014 22,817
159 194,142 131,662 24,912
External debt flows Disbursements Long-term external debt IMF purchases
12,071 11,869 202
14,190 13,995 195
24,777 24,521 256
38,957 38,785 171
71,730 71,642 88
49,093 45,650 3,443
39,248 35,271 3,978
52,398 50,074 2,325
Principal repayments Long-term external debt IMF repurchases
11,610 9,605 2,006
9,798 9,315 483
22,038 21,763 275
15,150 14,889 261
35,110 34,953 157
27,408 27,140 268
15,585 15,228 356
19,891 19,541 349
Net flows Long-term external debt Short-term external debt
2,497 2,264 2,037
3,454 4,680 -938
5,023 2,759 2,284
40,633 23,896 16,826
49,544 36,689 12,924
29,565 18,510 7,880
26,304 20,043 2,640
44,161 30,532 11,653
Interest payments Long-term external debt IMF charges Short-term external debt
6,524 5,666 234 624
5,659 5,277 58 323
5,685 5,214 26 446
6,374 5,755 26 592
9,013 6,941 23 2,049
9,069 7,336 23 1,710
7,223 6,460 76 687
7,469 6,493 140 836
2,931 1,585
4,368 2,518
11,229 12,406
26,087 10,388
32,742 33,970
51,071 -15,836
39,404 20,541
27,960 39,447
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 17.0 3.6 0.7 46.0
.. 15.3 2.8 0.3 56.6
7.5 19.1 2.2 0.3 54.4
7.5 18.3 1.9 0.2 55.6
7.2 17.1 1.5 0.2 56.7
6.3 20.1 1.3 0.2 55.0
6.0 18.3 1.1 0.1 57.7
4.9 18.4 0.9 0.1 60.4
3.7 25.8 7.7
5.1 23.4 6.4
2.0 27.7 7.9
3.1 26.2 6.2
3.4 26.1 6.9
1.9 26.8 6.5
1.4 25.6 6.6
1.8 27.9 7.9
5.8 6.0 3.9
4.4 5.3 4.6
4.7 6.1 4.1
4.7 7.9 6.8
6.7 9.2 4.6
4.1 9.0 2.7
4.3 4.0 3.0
2.9 7.2 4.5
473,560 61,117 10,005 86,693 392 30,704
603,668 88,739 17,206 116,954 721 47,221
1,043,978 201,532 33,924 258,918 7,979 156,716
1,186,944 248,253 42,525 316,030 11,542 198,417
1,511,378 304,933 54,044 384,182 15,236 302,183
1,525,991 380,860 71,638 508,643 16,583 275,859
1,705,510 328,149 75,063 436,818 16,197 315,151
2,090,779 424,897 82,209 565,989 17,147 337,472
249.2 32.2 29.7 5.9 37.3 20.2 4.3
181.5 26.7 17.4 3.8 37.9 29.3 4.8
93.5 18.1 13.8 6.3 36.9 83.1 7.3
93.8 19.6 8.7 12.3 32.6 85.2 7.5
94.3 19.0 14.5 14.5 29.0 105.1 9.4
84.3 21.0 9.6 15.4 27.7 85.9 6.5
107.7 20.7 7.0 14.8 26.9 89.2 8.7
94.3 19.2 6.4 15.9 25.1 84.2 7.2
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
50
SOUTH ASIA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
137,937 129,636 104,110 56,867 13,035 29,001 47,243 25,526 3,474 14,176 8,301 1,065
153,065 134,552 101,864 61,051 10,209 31,963 40,812 32,688 10,928 19,576 18,514 1,560
174,473 116,372 109,589 69,604 7,514 42,193 39,984 6,783 2,525 3,768 58,101 6,461
201,953 126,998 116,638 75,950 8,151 45,803 40,688 10,360 4,178 5,482 74,956 11,204
243,649 144,428 127,148 83,312 8,766 48,915 43,836 17,280 7,879 8,581 99,221 16,277
266,288 156,023 137,669 89,008 9,376 49,529 48,661 18,354 7,670 9,904 110,265 15,682
292,199 169,387 145,635 95,071 10,151 51,505 50,565 23,751 12,671 10,395 122,812 16,176
325,804 194,376 155,989 100,595 12,868 51,238 55,395 38,387 23,980 13,760 131,428 13,883
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
11,869 9,935 6,392 3,972 860 1,374 2,420 3,542 85 1,901 1,934 520
13,995 13,409 6,119 4,347 866 1,655 1,772 7,290 5,520 940 586 0
24,521 10,987 7,405 5,728 1,081 2,709 1,677 3,582 2,314 1,245 13,534 3,520
38,785 14,197 8,291 6,244 1,134 2,452 2,047 5,905 3,252 2,368 24,589 4,799
71,642 22,203 9,298 6,989 1,178 2,572 2,309 12,905 8,639 4,128 49,439 7,793
45,650 24,635 11,233 7,937 1,176 2,151 3,296 13,401 11,507 1,862 21,015 594
35,271 17,874 12,783 8,799 1,498 2,944 3,984 5,092 2,265 2,819 17,396 2,473
50,074 30,691 13,692 9,211 3,395 1,944 4,481 16,999 12,050 4,948 19,382 1,288
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
9,605 9,107 5,763 2,227 1,173 318 3,537 3,343 320 2,002 498 0
9,315 8,607 5,351 2,827 1,231 548 2,524 3,256 50 2,868 707 35
21,763 14,496 4,461 2,166 523 949 2,295 10,035 8,565 1,274 7,266 117
14,889 6,987 4,643 2,485 543 1,069 2,158 2,344 1,597 670 7,902 57
34,953 11,362 4,809 2,517 631 1,112 2,292 6,553 5,313 1,199 23,591 409
27,140 16,339 5,586 3,080 687 1,223 2,506 10,753 9,533 1,145 10,801 880
15,228 8,713 5,413 3,164 707 1,321 2,248 3,301 1,088 2,139 6,515 1,779
19,541 8,876 6,049 3,409 726 1,349 2,640 2,827 748 2,009 10,665 2,451
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
5,666 5,004 2,934 1,640 995 215 1,294 2,070 196 1,317 663 58
5,277 4,396 2,274 1,366 613 236 907 2,122 210 1,806 881 227
5,214 3,940 1,904 899 252 342 1,005 2,036 1,849 171 1,274 151
5,755 2,415 2,053 1,135 387 343 919 362 154 198 3,340 276
6,941 2,735 2,249 1,327 470 355 922 486 211 264 4,206 404
7,336 2,947 2,306 1,333 401 388 973 641 290 330 4,389 345
6,460 2,688 2,142 1,092 266 371 1,050 545 259 269 3,772 346
6,493 2,767 2,077 879 104 380 1,199 689 232 255 3,726 451
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
100
Non-debt flows (bill US$)
Debt ratios (%)
200
150
100
50
50
0
0 2002
2003
2004
2005
Foreign direct investment
2006
2007
2008
2009
2010
Portfolio equity flows
2002
2003
2004
2005
Debt to exports
51
2006
2007
2008
2009
Reserves to debt
2010
SUB-SAHARAN AFRICA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
235,768 186,633 174,873 11,760 8,654 40,481 20,712
211,015 172,835 161,487 11,348 6,734 31,445 13,473
214,493 177,830 169,182 8,648 5,947 30,716 14,003
170,688 126,578 117,297 9,281 3,140 40,969 14,849
189,447 141,442 125,183 16,259 3,341 44,665 14,266
196,819 144,635 130,480 14,155 3,963 48,221 13,334
199,834 157,305 140,080 17,224 6,261 36,269 11,266
205,992 162,065 143,293 18,772 5,991 37,936 11,474
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
40,990 174,747 11,886 9,157
25,343 160,580 12,255 8,355
23,817 169,084 8,746 23,790
24,376 117,261 9,318 12,501
22,585 125,156 16,286 18,846
20,969 130,461 14,174 18,320
19,322 140,062 17,243 29,920
17,278 143,281 18,784 31,136
External debt flows Disbursements Long-term external debt IMF purchases
14,005 11,011 2,994
10,102 9,578 525
16,078 15,755 323
13,389 13,092 298
24,220 23,867 354
15,372 13,960 1,413
23,027 20,404 2,623
23,327 21,983 1,344
Principal repayments Long-term external debt IMF repurchases
9,419 7,048 2,371
9,016 8,557 460
12,131 11,384 747
17,076 16,719 357
13,569 13,272 296
8,976 8,289 687
9,698 9,313 385
8,219 8,070 149
Net flows Long-term external debt Short-term external debt
7,502 3,963 2,917
-1,799 1,021 -2,886
6,976 4,372 3,028
5,721 -3,627 9,407
14,930 10,594 4,279
10,885 5,671 4,488
3,437 11,091 -9,893
16,568 13,913 1,460
Interest payments Long-term external debt IMF charges Short-term external debt
5,337 3,975 559 803
4,443 3,319 43 1,081
7,961 7,323 27 612
4,302 3,421 39 842
5,244 4,061 14 1,169
4,998 3,580 494 925
3,968 3,246 28 694
4,362 3,707 8 647
4,259 2,952
6,458 4,164
18,551 8,083
16,196 16,808
28,304 10,146
37,459 -5,700
32,765 10,198
28,828 8,014
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 5.5 3.8 2.1 40.7
.. 4.1 2.1 1.5 61.4
19.8 3.6 4.2 1.9 55.0
22.8 3.2 1.7 2.5 51.8
21.8 2.8 1.5 2.5 52.1
19.4 3.8 1.0 2.5 54.0
18.9 3.2 1.1 2.5 54.0
15.1 2.4 0.7 2.8 56.8
1.8 31.7 8.7
1.1 36.3 9.1
4.3 21.4 4.5
1.5 29.3 7.2
1.4 31.1 7.8
1.8 29.2 7.7
1.6 23.8 6.1
1.7 25.6 6.7
5.7 12.4 1.9
5.8 7.7 2.1
5.6 7.2 1.9
6.8 11.2 4.9
6.7 8.8 5.3
4.3 6.7 1.0
6.0 8.1 4.5
3.0 13.8 5.7
310,011 90,831 3,159 111,296 3,952 20,652
319,885 114,029 4,825 117,777 7,860 36,505
605,039 239,831 9,630 242,210 17,650 82,452
714,969 279,331 12,794 287,361 23,931 114,886
813,792 333,944 18,746 367,782 39,134 141,827
927,613 403,588 21,710 454,698 47,127 152,687
891,648 302,503 20,183 373,032 33,276 155,416
1,030,221 381,517 21,087 449,772 32,065 153,626
259.6 76.1 16.2 17.2 23.1 8.8 2.2
185.1 66.0 11.8 14.9 25.9 17.3 3.7
89.4 35.5 8.4 14.3 33.8 38.4 4.1
61.1 23.9 7.7 24.0 25.3 67.3 4.8
56.7 23.3 5.6 23.6 25.3 74.9 4.6
48.8 21.2 3.5 24.5 25.5 77.6 4.0
66.1 22.4 4.5 18.1 27.3 77.8 5.0
54.0 20.0 3.3 18.4 28.3 74.6 4.1
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
52
SUB-SAHARAN AFRICA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
186,633 174,873 138,312 54,428 7,641 27,842 83,884 36,561 4,784 12,568 11,760 350
172,835 161,487 135,459 54,568 3,477 33,574 80,891 26,029 9,150 8,439 11,348 1,360
177,830 169,182 135,148 72,511 2,015 48,444 62,638 34,034 10,734 17,836 8,648 1,307
126,578 117,297 87,942 43,144 1,799 24,187 44,798 29,355 9,285 15,509 9,281 1,484
141,442 125,183 93,471 47,991 1,524 27,325 45,480 31,712 12,078 15,829 16,259 6,715
144,635 130,480 96,623 50,199 994 29,318 46,424 33,858 11,775 18,436 14,155 6,017
157,305 140,080 104,051 54,614 900 31,612 49,436 36,030 13,368 18,272 17,224 6,049
162,065 143,293 107,041 58,220 1,175 32,943 48,821 36,252 14,684 17,048 18,772 5,471
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
11,011 10,264 5,873 4,202 274 2,390 1,671 4,390 541 1,623 747 350
9,578 7,459 4,141 3,359 75 2,193 782 3,318 765 1,752 2,119 712
15,755 12,496 6,107 4,789 14 2,943 1,318 6,389 0 6,112 3,260 1,307
13,092 9,903 6,572 4,542 1 2,749 2,029 3,331 2,076 814 3,189 0
23,867 16,589 7,897 4,976 31 2,987 2,921 8,692 3,525 4,905 7,278 5,587
13,960 12,979 7,935 4,967 45 2,898 2,968 5,044 0 4,704 980 0
20,404 17,640 10,915 6,989 113 3,444 3,926 6,725 2,200 3,246 2,764 0
21,983 19,294 14,603 7,416 405 3,943 7,186 4,692 2,000 1,854 2,689 0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
7,048 5,808 2,975 2,016 1,056 120 959 2,834 40 1,261 1,240 0
8,557 7,159 3,440 1,630 552 225 1,811 3,719 480 2,444 1,398 0
11,384 10,677 6,588 1,554 286 248 5,034 4,089 1 3,523 706 0
16,719 14,207 8,170 1,555 284 238 6,615 6,037 1,742 3,169 2,511 0
13,272 11,260 5,147 1,736 406 195 3,411 6,113 1,222 3,853 2,012 1,390
8,289 6,382 3,737 1,999 620 463 1,738 2,644 52 2,167 1,907 698
9,313 7,908 3,347 1,768 202 266 1,579 4,561 294 3,804 1,405 0
8,070 6,240 2,758 1,282 123 255 1,477 3,482 23 3,038 1,830 578
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
3,975 3,471 2,006 1,234 630 178 772 1,465 322 457 504 0
3,319 2,915 1,826 843 213 199 983 1,089 561 303 405 41
7,323 6,971 5,856 757 53 313 5,099 1,115 517 425 352 61
3,421 2,983 1,408 694 47 240 713 1,575 552 778 438 89
4,061 3,520 2,084 1,053 339 179 1,031 1,436 539 750 541 132
3,580 3,023 1,666 927 109 277 739 1,357 677 548 556 241
3,246 2,664 1,523 861 22 196 662 1,141 649 398 582 241
3,707 2,225 1,201 614 19 204 587 1,024 807 158 1,483 1,027
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
50
Non-debt flows (bill US$)
Debt ratios (%)
200
150
100
25
50
0
0 2002
2003
2004
2005
Foreign direct investment
2006
2007
2008
2009
2010
Portfolio equity flows
2002
2003
2004
2005
Debt to exports
53
2006
2007
2008
2009
Reserves to debt
2010
LOW-INCOME COUNTRIES (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
113,033 98,419 95,691 2,728 4,710 9,904 7,452
108,371 92,872 90,326 2,546 4,037 11,461 7,639
117,997 103,423 102,613 811 4,324 10,250 6,843
99,743 84,975 84,032 943 2,852 11,916 7,202
109,232 92,919 91,660 1,259 3,151 13,162 7,237
115,451 98,250 95,379 2,871 4,047 13,153 6,286
119,669 103,185 100,165 3,019 5,304 11,181 5,292
116,593 99,631 95,929 3,703 4,156 12,806 5,651
17,967 95,227 3,192 3,851
15,441 90,029 2,843 4,217
13,620 102,452 971 6,210
14,179 83,923 1,051 7,906
15,128 91,535 1,383 9,075
14,081 95,255 2,996 9,301
15,053 100,032 3,152 10,240
14,078 95,895 3,736 13,158
External debt flows Disbursements Long-term external debt IMF purchases
5,347 4,890 457
3,991 3,602 389
5,641 5,239 402
5,744 5,419 324
6,490 6,117 373
9,384 7,775 1,610
11,278 9,774 1,505
10,664 9,919 745
Principal repayments Long-term external debt IMF repurchases
2,901 2,599 302
2,393 1,999 394
2,492 2,036 456
2,140 1,900 241
2,615 2,405 210
3,005 2,396 609
3,041 2,747 293
4,064 3,870 194
Net flows Long-term external debt Short-term external debt
2,775 2,291 329
1,246 1,603 -353
2,574 3,202 -575
4,912 3,520 1,308
5,085 3,711 1,211
7,321 5,378 942
7,259 7,026 -979
7,832 6,049 1,232
Interest payments Long-term external debt IMF charges Short-term external debt
1,438 1,249 60 129
1,116 827 37 251
1,039 854 17 168
1,102 838 37 227
1,601 1,339 12 250
1,819 1,163 495 161
1,187 1,047 31 110
1,137 1,008 5 125
1,233 -10
2,385 0
4,471 49
5,390 70
9,935 139
10,522 -25
9,231 -2
12,716 -52
1. Summary external debt data External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 11.7 2.6 1.0 41.3
.. 10.8 2.3 0.7 51.5
8.8 9.3 1.7 0.6 54.2
11.1 10.7 1.4 0.7 49.9
11.3 10.0 1.3 0.5 49.1
10.0 10.5 1.0 0.4 49.4
9.3 9.7 1.0 0.3 49.7
6.7 8.2 0.9 0.3 50.2
1.7 34.3 9.3
1.2 36.4 9.3
1.2 35.2 8.8
1.5 33.5 8.5
1.4 34.6 8.8
1.3 34.2 9.0
1.3 31.4 7.9
1.0 33.4 9.2
3.4 5.7 1.1
5.2 11.5 3.2
3.9 14.3 3.6
6.3 16.6 3.2
4.2 10.9 2.5
4.1 7.8 2.7
4.0 9.3 2.9
1.8 17.8 3.9
135,122 25,183 2,125 41,832 252 9,744
160,215 31,867 4,078 45,124 653 10,917
232,472 57,025 9,860 78,719 3,605 19,345
254,435 68,142 12,737 91,793 3,687 22,491
301,279 83,364 16,382 115,044 3,265 28,804
356,119 101,175 21,748 146,728 3,126 29,773
378,964 89,830 22,555 131,988 2,799 41,985
409,271 108,306 24,553 156,562 2,134 42,464
448.9 83.7 17.2 8.8 39.4 8.6 2.8
340.1 67.6 11.0 10.6 45.9 10.1 2.9
206.9 50.8 6.2 8.7 58.6 16.4 2.9
146.4 39.2 4.8 11.9 50.7 22.5 2.9
131.0 36.3 5.1 12.0 51.3 26.4 3.0
114.1 32.4 4.8 11.4 51.3 25.8 2.4
133.2 31.6 4.7 9.3 52.0 35.1 3.8
107.7 28.5 4.8 11.0 54.2 36.4 3.3
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
54
LOW-INCOME COUNTRIES (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
98,419 95,691 91,045 44,589 1,458 27,443 46,456 4,646 129 1,517 2,728 0
92,872 90,326 86,996 49,743 718 31,597 37,253 3,330 7 1,659 2,546 0
103,423 102,613 99,243 69,133 618 45,650 30,110 3,369 1 1,628 811 0
84,975 84,032 80,729 50,520 622 30,255 30,209 3,303 1 1,587 943 0
92,919 91,660 88,307 55,994 480 33,318 32,313 3,353 0 1,624 1,259 0
98,250 95,379 92,249 59,284 464 35,147 32,965 3,131 0 1,568 2,871 0
103,185 100,165 96,110 62,224 463 36,116 33,886 4,056 0 1,419 3,019 0
99,631 95,929 92,057 63,201 463 36,019 28,856 3,871 0 1,142 3,703 0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
4,890 4,624 4,173 3,156 32 1,837 1,017 451 0 149 265 0
3,602 3,547 3,364 2,911 19 1,925 453 183 0 108 55 0
5,239 5,179 4,991 4,429 1 2,710 561 188 0 57 60 0
5,419 5,235 5,197 4,117 0 2,363 1,079 38 0 18 185 0
6,117 5,822 5,792 4,731 0 2,831 1,061 30 0 9 295 0
7,775 6,846 6,790 5,197 0 2,905 1,593 56 0 6 928 0
9,774 8,993 7,858 5,924 0 2,767 1,934 1,135 0 7 781 0
9,919 8,189 7,333 5,011 0 2,662 2,321 857 0 385 1,730 0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
2,599 2,396 1,743 824 218 160 918 653 30 284 203 0
1,999 1,776 1,539 786 104 270 753 237 0 129 223 0
2,036 1,922 1,776 1,106 5 374 670 146 1 82 114 0
1,900 1,847 1,691 1,130 5 406 560 157 0 74 52 0
2,405 2,266 2,180 1,382 167 393 798 85 0 18 140 0
2,396 2,087 2,005 1,321 26 590 684 82 0 19 309 0
2,747 2,057 1,942 1,232 0 487 710 115 0 37 690 0
3,870 2,705 2,017 1,221 0 507 796 688 0 576 1,165 0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
1,249 1,174 1,018 546 110 196 472 156 6 86 74 0
827 732 668 423 36 194 245 64 0 36 96 0
854 836 812 602 2 314 209 25 0 9 17 0
838 826 791 568 2 272 223 35 0 12 12 0
1,339 1,325 1,296 947 294 228 349 29 0 9 14 0
1,163 1,125 1,099 737 1 274 362 26 0 8 38 0
1,047 977 948 617 0 239 331 29 0 14 69 0
1,008 885 848 594 0 234 254 37 0 19 123 0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
15
Non-debt flows (bill US$)
Debt ratios (%)
350 300 250
10
200 150 5
100 50 0
0 2002
2003
2004
2005
Foreign direct investment
2006
2007
2008
2009
2010
Portfolio equity flows
2002
2003
2004
2005
Debt to exports
55
2006
2007
2008
2009
Reserves to debt
2010
MIDDLE-INCOME COUNTRIES (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
1,747,589 1,371,451 1,165,689 205,762 55,172 320,967 37,064
2,017,980 1,685,468 1,197,112 488,356 54,229 278,284 24,102
2,396,068 1,860,628 1,180,290 680,338 44,855 490,584 21,580
2,575,552 1,976,690 1,162,274 814,416 17,007 581,855 18,825
3,111,285 2,348,012 1,264,183 1,083,829 12,389 750,884 20,399
3,383,722 2,615,660 1,302,077 1,313,583 21,693 746,369 21,209
3,519,926 2,709,906 1,376,910 1,332,997 47,994 762,026 21,136
3,959,705 2,875,628 1,486,657 1,388,971 60,505 1,023,572 15,439
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
86,617 1,161,065 210,386 136,808
45,202 1,191,511 493,957 141,693
32,609 1,175,860 684,769 153,089
30,595 1,158,079 818,611 135,495
32,520 1,259,455 1,088,556 185,248
35,059 1,296,556 1,319,104 176,647
35,924 1,365,449 1,344,457 236,847
26,792 1,474,309 1,401,319 237,606
External debt flows Disbursements Long-term external debt IMF purchases
204,200 176,874 27,326
234,476 224,750 9,725
377,582 374,024 3,559
473,258 469,469 3,789
654,080 652,439 1,640
655,629 642,632 12,997
523,186 496,070 27,117
645,008 628,912 16,097
Principal repayments Long-term external debt IMF repurchases
117,673 109,334 8,339
230,080 209,872 20,209
324,585 280,919 43,666
380,956 350,377 30,579
360,115 353,170 6,945
393,222 390,031 3,191
380,000 378,450 1,550
424,853 422,024 2,829
Net flows Long-term external debt Short-term external debt
140,304 67,540 53,778
-2,766 14,879 -7,162
135,166 93,104 82,169
186,327 119,092 94,025
461,014 299,269 167,050
257,083 252,601 -5,325
158,908 117,620 15,723
487,398 206,887 267,243
Interest payments Long-term external debt IMF charges Short-term external debt
83,597 66,242 2,571 14,784
111,628 93,076 2,827 15,724
102,671 82,966 3,260 16,445
116,290 93,367 1,585 21,338
135,733 107,870 698 27,165
140,782 119,650 484 20,648
124,699 110,197 541 13,961
153,298 110,942 982 41,374
93,604 13,327
146,336 13,948
310,013 67,423
382,135 107,629
524,206 132,814
613,587 -53,338
390,719 108,757
493,345 128,465
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) .. 13.1 1.5 1.1 48.7
.. 12.0 0.9 0.4 63.9
14.4 10.1 1.0 0.6 67.1
14.7 9.8 0.7 0.6 67.9
15.1 8.9 0.6 0.6 69.0
13.8 10.6 0.4 0.6 69.2
14.5 10.1 0.4 0.5 69.2
13.0 10.5 0.4 0.5 70.7
6.0 18.5 5.2
5.1 18.7 4.7
3.8 20.8 5.4
4.2 21.5 5.9
4.0 21.7 6.1
2.9 22.4 6.2
1.9 20.8 6.1
1.9 21.7 6.4
6.5 7.4 3.4
8.2 11.2 8.5
6.3 11.3 8.7
6.2 11.8 9.5
6.4 11.0 8.1
6.0 11.7 8.0
6.2 9.7 8.2
4.9 12.3 9.1
4,660,936 1,117,625 51,224 1,260,596 36,457 429,657
5,467,289 1,623,451 73,674 1,661,458 67,170 631,836
9,197,759 3,253,909 177,120 3,190,879 193,082 1,959,728
10,946,254 3,980,218 208,905 3,802,615 253,361 2,593,468
13,596,825 4,822,353 260,020 4,656,274 322,721 3,672,428
16,261,351 5,799,505 301,173 5,685,743 375,200 4,123,910
15,873,869 4,640,317 283,716 4,632,376 316,476 4,793,625
19,009,329 5,829,275 294,999 5,873,025 340,760 5,545,172
156.4 37.5 18.0 18.4 13.4 24.6 4.1
124.3 36.9 21.0 13.8 13.7 31.3 4.6
73.6 26.1 13.1 20.5 12.7 81.8 7.4
64.7 23.5 12.6 22.6 11.6 100.7 8.2
64.5 22.9 10.3 24.1 10.2 118.0 9.5
58.3 20.8 9.2 22.1 9.9 121.9 8.7
75.9 22.2 10.9 21.6 10.8 136.2 12.4
67.9 20.8 9.9 25.8 10.6 140.0 11.3
Euro Japanese yen Pound sterling Swiss franc U.S.dollars
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
56
MIDDLE-INCOME COUNTRIES (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
1,371,451 1,165,689 673,806 234,164 104,982 44,052 439,642 491,882 220,372 145,345 205,762 51,018
1,685,468 1,197,112 664,698 276,875 107,604 55,199 387,823 532,414 341,950 124,144 488,356 89,492
1,860,628 1,180,290 616,000 304,508 95,752 75,427 311,492 564,290 400,278 124,322 680,338 155,162
1,976,690 1,162,274 555,711 297,638 91,764 68,750 258,073 606,562 409,787 162,220 814,416 192,861
2,348,012 1,264,183 580,450 317,881 93,171 74,356 262,570 683,733 455,913 197,217 1,083,829 250,265
2,615,660 1,302,077 618,763 335,717 96,232 76,122 283,046 683,314 468,243 188,792 1,313,583 241,846
2,709,906 1,376,910 676,235 381,551 108,233 80,851 294,684 700,675 484,388 188,116 1,332,997 256,961
2,875,628 1,486,657 730,518 420,640 124,389 82,589 309,878 756,139 527,752 201,509 1,388,971 311,827
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
176,874 123,644 60,721 27,961 12,514 3,636 32,761 62,923 22,036 22,041 53,230 14,063
224,750 133,646 49,023 31,350 12,951 3,295 17,673 84,623 55,784 18,023 91,104 10,810
374,024 137,440 41,086 29,824 9,180 4,497 11,262 96,355 61,066 31,718 236,583 47,975
469,469 146,684 49,525 35,890 11,934 4,408 13,635 97,159 57,988 34,131 322,784 54,555
652,439 181,015 54,277 38,983 10,498 4,527 15,294 126,738 75,318 47,843 471,424 84,368
642,632 167,826 61,916 42,402 13,608 3,959 19,513 105,910 73,523 30,030 474,806 27,235
496,070 208,412 92,357 66,510 22,703 5,945 25,847 116,054 69,052 41,799 287,658 37,236
628,912 245,119 98,116 66,379 26,246 5,026 31,737 147,003 86,861 51,014 383,792 86,053
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
109,334 83,619 40,844 18,829 11,146 382 22,015 42,774 11,061 14,996 25,715 4,042
209,872 111,898 46,001 21,805 9,314 679 24,196 65,897 31,454 23,127 97,974 15,032
280,919 144,010 68,438 25,585 12,125 1,247 42,853 75,571 44,588 22,221 136,910 15,063
350,377 190,001 95,317 35,341 17,183 1,373 59,976 94,685 60,257 25,071 160,376 17,980
353,170 125,383 51,229 25,108 10,699 1,443 26,121 74,154 43,145 23,958 227,788 24,880
390,031 141,441 47,987 25,661 10,922 1,706 22,326 93,455 53,897 32,388 248,589 20,144
378,450 115,261 44,556 24,235 10,860 1,765 20,321 70,705 32,705 30,669 263,189 22,467
422,024 121,822 46,004 24,633 9,164 1,835 21,371 75,818 35,031 32,909 300,202 26,500
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
66,242 55,419 26,389 12,616 7,504 307 13,773 29,030 14,707 7,736 10,822 3,172
93,076 62,510 25,331 14,814 7,421 384 10,516 37,179 25,003 8,525 30,566 7,776
82,966 59,675 23,122 9,979 4,017 583 13,143 36,553 30,128 4,910 23,291 8,861
93,367 55,504 18,935 11,104 4,780 539 7,832 36,569 28,827 6,244 37,863 14,076
107,870 58,468 18,935 11,931 5,141 530 7,003 39,534 31,222 6,530 49,401 16,282
119,650 58,017 17,912 11,572 4,575 634 6,340 40,105 31,726 6,698 61,633 15,893
110,197 53,260 16,051 9,898 3,432 559 6,153 37,209 30,820 5,167 56,937 16,400
110,942 54,235 15,744 8,336 2,256 591 7,408 38,492 33,011 4,330 56,706 18,110
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
750
Non-debt flows (bill US$)
500
100
250
50
0
0 2002
2003
2004
2005
Foreign direct investment
2006
2007
Debt ratios (%)
150
2008
2009
2010
Portfolio equity flows
2002
2003
2004
2005
Debt to exports
57
2006
2007
2008
2009
Reserves to debt
2010
.
Country Tables
GDF_55.indd 55
01/12/10 5:59 PM
AFGHANISTAN (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
.. .. .. .. 0 .. ..
.. .. .. .. 0 .. ..
.. .. .. .. 0 .. ..
929 911 911 0 0 18 18
1,974 1,894 1,894 0 59 21 21
2,089 1,985 1,985 0 87 17 17
2,223 2,097 2,097 0 106 20 20
2,297 2,076 2,076 0 119 102 67
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
.. .. .. ..
.. .. .. ..
.. .. .. ..
87 911 0 130
89 1,894 0 37
56 1,985 0 58
54 2,097 0 0
54 2,076 0 0
External debt flows Disbursements Long-term external debt IMF purchases
.. .. 0
.. .. 0
.. .. 0
146 146 0
202 147 55
132 96 36
126 109 17
87 79 9
Principal repayments Long-term external debt IMF repurchases
.. .. 0
.. .. 0
.. .. 0
3 3 0
1 1 0
1 1 0
3 3 0
1 1 0
Net flows Long-term external debt Short-term external debt
.. .. ..
.. .. ..
.. .. ..
143 143 0
201 146 0
131 95 0
123 106 0
86 78 0
Interest payments Long-term external debt IMF charges Short-term external debt
.. .. 0 ..
.. .. 0 ..
.. .. 0 ..
6 6 0 0
3 3 0 0
6 6 0 0
7 7 1 0
8 7 0 1
.. ..
.. ..
.. ..
238 ..
243 ..
300 ..
185 ..
76 ..
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. .. .. .. ..
.. .. .. .. ..
.. .. .. .. ..
0.0 0.0 2.8 0.0 63.3
0.0 0.0 1.3 0.0 74.5
0.0 0.0 0.0 0.0 73.0
0.0 0.0 0.0 0.0 69.1
0.0 0.0 0.0 0.0 59.8
.. .. ..
.. .. ..
.. .. ..
1.2 39.8 10.3
1.4 31.6 8.1
0.5 34.6 10.0
0.0 0.0 0.0
0.0 0.0 0.0
.. .. ..
.. .. ..
.. .. ..
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
.. .. .. .. .. .. ..
.. .. .. .. .. .. ..
.. .. .. .. .. .. ..
8,209 .. .. .. .. .. ..
10,184 .. .. .. .. .. ..
10,644 .. .. .. .. .. ..
.. .. .. .. .. .. ..
.. .. .. .. .. .. ..
.. .. .. .. .. .. ..
.. .. .. .. .. .. ..
.. .. .. .. .. .. ..
.. 11.3 .. 2.0 70.4 .. ..
.. 19.4 .. 1.1 41.5 .. ..
.. 19.6 .. 0.8 43.3 .. ..
.. .. .. 0.9 45.7 .. ..
.. .. .. 4.4 48.7 .. ..
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
60
AFGHANISTAN (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
.. .. .. .. 0 0 .. .. .. .. .. ..
.. .. .. .. 0 0 .. .. .. .. .. ..
.. .. .. .. 0 294 .. .. .. .. .. ..
911 911 910 654 0 343 257 0 0 0 0 0
1,894 1,894 1,893 819 0 399 1,074 0 0 0 0 0
1,985 1,985 1,984 903 0 438 1,081 0 0 0 0 0
2,097 2,097 2,096 1,016 0 466 1,080 0 0 0 0 0
2,076 2,076 2,076 1,118 0 410 958 0 0 0 0 0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
.. .. .. .. 0 0 .. .. .. .. .. ..
.. .. .. .. 0 0 .. .. .. .. .. ..
.. .. .. .. 0 84 .. .. .. .. .. ..
146 146 146 107 0 39 40 0 0 0 0 0
147 147 147 140 0 44 7 0 0 0 0 0
96 96 96 96 0 44 1 0 0 0 0 0
109 109 109 109 0 27 0 0 0 0 0 0
79 79 79 79 0 8 0 0 0 0 0 0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
.. .. .. .. 0 0 .. .. .. .. .. ..
.. .. .. .. 0 0 .. .. .. .. .. ..
.. .. .. .. 0 3 .. .. .. .. .. ..
3 3 3 3 0 3 0 0 0 0 0 0
1 1 1 1 0 0 0 0 0 0 0 0
1 1 1 1 0 0 0 0 0 0 0 0
3 3 3 1 0 0 2 0 0 0 0 0
1 1 1 1 0 0 0 0 0 0 0 0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
.. .. .. .. 0 0 .. .. .. .. .. ..
.. .. .. .. 0 0 .. .. .. .. .. ..
.. .. .. .. 0 3 .. .. .. .. .. ..
6 6 6 6 0 3 0 0 0 0 0 0
3 3 3 3 0 0 0 0 0 0 0 0
6 6 6 6 0 2 0 0 0 0 0 0
7 7 7 7 0 2 0 0 0 0 0 0
7 7 7 7 0 2 0 0 0 0 0 0
.. ..
.. ..
.. ..
229 143
1,045 201
115 131
134 123
75 86
.. .. ..
.. .. ..
.. .. ..
95 0 0
842 21 0
52 52 0
1 4 0
0 204 0
7. Long-term external debt
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
12 12
24 18
36 18
87 60
97 56
102 55
94 51
86 47
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
Notes: Data for 2010 include the effects of Paris Club debt restructuring agreements signed in 2010 and of MDRI and HIPC debt reliefs in the amount of $72.9 million.
61
ALBANIA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
459 332 332 0 65 62 2
1,070 945 930 15 88 37 3
2,054 1,808 1,381 426 92 155 1
2,422 1,943 1,584 359 93 386 1
2,854 2,253 1,796 458 90 511 1
3,904 2,894 2,225 668 80 930 0
4,693 3,786 2,803 983 71 835 0
4,736 4,105 2,972 1,133 58 573 0
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
27 332 0 193
271 929 16 176
16 1,381 426 224
16 1,584 359 311
17 1,796 458 280
1 2,225 668 610
0 2,803 983 544
0 2,972 1,133 653
External debt flows Disbursements Long-term external debt IMF purchases
83 72 11
139 120 19
506 494 12
191 184 7
300 293 7
813 806 8
753 750 4
825 825 0
Principal repayments Long-term external debt IMF repurchases
2 0 1
17 10 7
51 41 9
159 147 11
92 78 14
96 80 15
135 121 14
379 367 12
Net flows Long-term external debt Short-term external debt
-97 72 -178
130 110 8
609 452 154
264 36 231
332 215 124
1,138 725 420
523 628 -95
184 458 -262
Interest payments Long-term external debt IMF charges Short-term external debt
9 5 1 3
11 9 1 2
30 25 0 4
47 29 1 17
61 34 1 26
68 50 1 17
91 80 1 11
85 77 0 8
70 ..
143 ..
262 ..
325 ..
662 ..
959 23
964 3
1,110 8
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 2.5 0.0 0.0 60.2
.. 3.1 0.0 0.0 71.8
28.2 3.9 0.0 0.0 58.3
31.2 3.4 0.0 0.0 54.9
35.3 3.0 0.0 0.0 51.0
47.3 2.8 0.0 0.0 40.0
54.9 2.1 0.0 0.0 33.6
57.0 2.2 0.0 0.0 30.8
3.3 25.2 7.3
3.5 29.7 10.5
2.0 19.5 6.7
3.4 20.2 6.6
4.3 20.7 5.3
1.8 28.3 8.3
3.0 19.3 5.8
3.5 16.5 4.0
3.0 22.7 11.7
0.5 -2,000.4 24.8
0.0 0.0 0.0
0.3 29.9 18.8
5.3 11.2 1.7
6.2 15.4 6.0
11.0 3.3 3.0
7.0 5.8 4.8
2,468 376 427 865 4 -12 265
3,790 819 598 1,509 0 -156 646
8,541 2,048 1,290 3,913 2 -571 1,440
9,347 2,629 1,359 4,569 5 -671 1,813
11,006 3,407 1,468 5,989 9 -1,151 2,162
13,135 4,307 1,495 7,705 301 -2,019 2,364
11,936 3,908 1,317 7,053 436 -1,838 2,369
11,681 4,169 1,156 6,794 362 -1,404 2,541
122.1 18.6 2.8 13.6 25.0 57.8 3.7
130.5 28.2 3.4 3.4 39.8 60.4 5.1
100.3 24.1 3.9 7.5 42.3 70.1 4.4
92.1 25.9 7.8 16.0 41.8 74.8 4.8
83.8 25.9 4.5 17.9 41.3 75.7 4.3
90.6 29.7 3.8 23.8 33.2 60.6 3.7
120.1 39.3 5.8 17.8 31.3 50.5 4.0
113.6 40.5 11.1 12.1 32.1 53.6 4.5
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
62
ALBANIA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
332 332 307 115 0 109 192 25 0 0 0 0
945 930 908 426 0 346 482 22 0 0 15 0
1,808 1,381 1,357 869 0 655 488 24 0 2 426 0
1,943 1,584 1,558 1,013 0 729 545 27 0 3 359 0
2,253 1,796 1,770 1,179 6 803 591 25 0 4 458 0
2,894 2,225 1,879 1,295 17 817 584 346 0 331 668 0
3,786 2,803 2,132 1,469 24 849 664 671 0 635 983 0
4,105 2,972 2,159 1,522 26 850 637 813 401 336 1,133 0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
72 72 72 48 0 43 24 0 0 0 0 0
120 120 120 101 0 64 19 0 0 0 0 0
494 117 116 83 0 34 34 0 0 0 377 0
184 168 168 115 0 46 53 0 0 0 15 0
293 164 163 130 5 48 32 1 0 0 128 0
806 567 210 171 12 27 39 356 0 345 239 0
750 559 256 190 7 34 66 303 0 284 191 0
825 631 184 149 3 26 35 447 398 6 194 0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
0 0 0 0 0 0 0 0 0 0 0 0
10 10 9 2 0 0 6 1 0 0 0 0
41 40 40 18 0 4 22 1 0 0 1 0
147 58 55 24 0 5 31 3 0 0 90 0
78 56 52 26 0 6 26 4 0 0 22 0
80 58 58 27 0 7 30 0 0 0 23 0
121 80 80 40 0 9 40 1 0 0 41 0
367 346 88 46 0 11 42 257 0 257 21 0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
5 5 4 1 0 1 3 1 0 0 0 0
9 8 7 4 0 2 3 0 0 0 1 0
25 23 23 14 0 5 10 0 0 0 2 0
29 25 25 14 0 6 11 0 0 0 4 0
34 31 31 18 0 6 13 0 0 0 3 0
50 44 35 24 1 6 11 9 0 9 6 0
80 69 36 24 1 6 12 33 0 33 10 0
77 65 31 22 0 6 9 34 0 34 12 0
-424 -97
351 130
498 609
368 264
432 332
1,049 1,138
789 523
43 184
6 116 30
28 0 0
10 0 0
9 2 0
0 0 0
8 0 0
41 0 0
0 0 0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
123 38
132 42
148 43
153 43
175 41
164 38
168 35
171 31
225 65
226 58
191 53
208 49
538 45
114 12
122 9
100 6
Notes: Short-term debt is based on reports provided by the Central Bank.
63
ALGERIA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
33,052 31,313 31,313 0 1,478 261 3
25,388 23,448 23,448 0 1,718 222 0
16,871 16,355 15,489 866 0 516 0
5,721 5,180 3,876 1,304 0 541 0
5,908 5,158 4,009 1,148 0 750 0
5,935 4,631 3,187 1,444 0 1,304 0
5,424 3,932 2,950 982 0 1,492 0
5,276 3,498 2,530 968 0 1,778 0
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
1 31,225 89 2,427
0 23,327 122 1,419
0 15,315 1,040 445
0 3,816 1,364 212
0 3,787 1,371 94
0 2,991 1,640 0
0 2,762 1,170 5
0 2,381 1,117 5
External debt flows Disbursements Long-term external debt IMF purchases
4,157 3,683 475
1,215 1,215 0
1,239 1,239 0
853 853 0
585 585 0
580 580 0
194 194 0
30 30 0
Principal repayments Long-term external debt IMF repurchases
2,419 2,248 171
2,813 2,721 93
5,057 4,445 612
12,791 12,791 0
1,122 1,122 0
1,058 1,058 0
879 879 0
573 573 0
Net flows Long-term external debt Short-term external debt
1,361 1,435 -378
-1,572 -1,506 27
-3,733 -3,207 85
-11,914 -11,939 25
-328 -537 209
76 -478 554
-496 -685 189
-257 -543 286
Interest payments Long-term external debt IMF charges Short-term external debt
1,832 1,741 69 22
1,655 1,552 92 10
921 888 18 15
626 610 1 15
224 202 0 22
191 160 0 31
139 121 0 18
111 93 0 18
.. ..
438 ..
1,081 ..
1,796 ..
1,662 ..
2,595 ..
2,760 ..
2,291 ..
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 13.1 0.9 0.7 38.0
.. 14.4 1.0 0.5 44.5
40.5 8.2 1.4 0.8 40.9
58.4 6.1 0.0 0.1 30.0
60.1 4.7 0.0 0.1 28.9
58.7 5.2 0.0 0.0 30.2
59.7 4.4 0.0 0.0 30.1
57.3 4.9 0.0 0.0 31.6
6.2 11.7 3.3
6.2 15.0 4.1
3.2 12.9 3.6
0.5 17.5 3.4
0.9 14.7 7.7
0.0 0.0 0.0
2.0 21.8 6.7
0.5 11.5 6.5
7.2 8.9 1.9
6.2 7.4 1.9
0.8 11.2 4.0
3.5 12.0 3.1
4.6 6.0 0.9
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
39,574 .. 1,120 .. .. .. 4,164
52,080 .. 790 .. .. .. 13,556
97,259 50,268 2,060 31,154 5,485 21,181 59,167
112,669 59,721 1,610 32,409 6,295 28,923 81,463
134,004 67,230 2,120 38,818 5,405 30,631 114,972
169,689 87,212 2,202 55,546 6,206 34,440 148,099
139,577 52,917 2,059 55,147 5,892 402 155,112
155,538 65,400 2,044 55,280 .. 12,760 170,461
.. 83.5 .. 0.8 11.8 12.6 ..
.. 48.7 .. 0.9 16.2 53.4 ..
33.6 17.3 11.9 3.1 14.5 350.7 22.8
9.6 5.1 22.5 9.5 2.5 1,423.9 30.2
8.8 4.4 2.0 12.7 2.3 1,946.2 35.5
6.8 3.5 1.4 22.0 0.2 2,495.5 32.0
10.2 3.9 1.9 27.5 0.2 2,859.7 33.8
8.1 3.4 1.0 33.7 0.2 3,230.9 37.0
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
64
ALGERIA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
31,313 31,313 15,695 3,915 2,049 0 11,780 15,618 0 4,529 0 0
23,448 23,448 17,597 4,123 1,425 0 13,473 5,851 0 2,508 0 0
16,355 15,489 12,462 2,443 779 0 10,020 3,027 0 1,038 866 0
5,180 3,876 2,171 144 119 0 2,026 1,706 0 59 1,304 0
5,158 4,009 2,317 136 113 0 2,182 1,692 0 76 1,148 0
4,631 3,187 2,066 13 11 0 2,053 1,121 0 60 1,444 0
3,932 2,950 2,020 11 10 0 2,009 930 0 54 982 0
3,498 2,530 1,805 10 9 0 1,795 726 0 42 968 0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
3,683 3,683 1,596 932 554 0 664 2,087 0 222 0 0
1,215 1,215 795 349 58 0 446 420 0 0 0 0
1,239 776 445 358 31 0 87 331 0 8 463 0
853 401 263 54 16 0 209 138 0 34 451 0
585 282 109 6 6 0 103 173 0 20 304 0
580 173 157 5 5 0 152 16 0 0 407 0
194 71 70 0 0 0 70 1 0 0 123 0
30 28 27 0 0 0 27 1 0 1 2 0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
2,248 2,248 671 454 260 0 217 1,577 278 220 0 0
2,721 2,721 1,055 351 172 0 704 1,666 0 439 0 0
4,445 4,217 3,012 1,190 156 0 1,821 1,205 0 348 229 0
12,791 12,640 10,976 2,396 677 0 8,579 1,664 0 1,029 151 0
1,122 590 199 16 12 0 183 391 0 11 532 0
1,058 914 370 127 107 0 243 544 0 13 144 0
879 357 148 1 1 0 147 209 0 8 522 0
573 339 171 2 1 0 169 168 0 9 234 0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
1,741 1,741 823 251 137 0 572 917 13 251 0 0
1,552 1,552 1,131 297 128 0 834 421 0 146 0 0
888 863 718 163 46 0 555 145 0 34 25 0
610 557 442 118 21 0 324 115 0 30 53 0
202 145 61 7 6 0 53 84 0 3 57 0
160 113 49 12 12 0 37 63 0 2 48 0
121 72 33 1 1 0 32 39 0 2 49 0
93 62 34 1 1 0 33 28 0 1 31 0
2,810 1,361
-2,618 -1,572
-5,314 -3,733
-11,150 -11,914
187 -328
27 76
-511 -496
-148 -257
5,096 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
294 40
262 36
231 31
224 27
181 22
151 19
138 16
85 13
295 42
361 34
224 32
168 18
412 35
96 11
67 6
41 3
Notes: Short-term debt data are reported by the country.
65
ANGOLA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
11,500 9,543 9,543 0 0 1,958 1,232
9,408 8,085 8,085 0 0 1,323 874
11,834 9,518 9,518 0 0 2,316 577
9,473 7,341 7,341 0 0 2,132 161
11,492 9,223 9,223 0 0 2,270 89
15,100 12,683 12,683 0 0 2,418 70
16,616 13,629 13,629 0 359 2,629 85
18,562 15,440 15,440 0 882 2,241 68
4,190 9,513 29 420
2,853 8,059 26 1,033
1,877 9,506 12 14,150
700 7,334 7 2,036
327 9,221 2 4,378
254 12,682 1 4,188
308 13,628 0 5,705
213 15,439 0 5,464
External debt flows Disbursements Long-term external debt IMF purchases
550 550 0
1,045 1,045 0
3,676 3,676 0
1,222 1,222 0
5,647 5,647 0
4,621 4,621 0
4,146 3,793 353
4,454 3,930 524
Principal repayments Long-term external debt IMF repurchases
332 332 0
1,530 1,530 0
2,289 2,289 0
3,514 3,514 0
3,779 3,779 0
1,129 1,129 0
3,130 3,130 0
2,109 2,109 0
Net flows Long-term external debt Short-term external debt
-90 218 -308
-733 -485 -248
2,603 1,387 1,216
-2,060 -2,292 232
2,078 1,868 210
3,659 3,492 167
1,212 662 196
1,974 1,821 -371
Interest payments Long-term external debt IMF charges Short-term external debt
132 79 0 53
175 149 0 26
313 257 0 57
908 824 0 83
683 579 0 104
511 443 0 68
423 392 0 31
200 164 6 30
472 ..
879 ..
-1,304 ..
-38 ..
-893 ..
1,679 ..
2,205 ..
.. ..
1. Summary external debt data External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 0.3 0.9 0.1 81.0
.. 0.5 1.0 0.1 86.3
8.2 0.3 0.9 0.0 87.8
6.2 0.0 0.2 0.0 90.5
6.4 0.0 0.2 0.0 91.1
7.7 0.0 0.1 0.0 90.6
9.7 0.0 0.1 0.0 88.5
8.6 0.0 0.1 0.0 89.9
8.1 9.9 0.4
0.8 39.8 10.3
6.5 13.8 2.0
1.1 10.9 1.5
0.4 12.1 2.7
0.6 43.4 10.4
3.4 8.7 1.7
3.8 9.2 0.9
8.1 8.6 0.4
5.0 3.1 1.3
6.6 7.7 1.3
8.0 9.0 0.8
6.3 6.8 1.0
4.5 7.4 0.8
6.5 5.3 1.2
4.6 9.7 2.1
3,688 3,852 .. 4,302 386 -295 213
7,449 8,222 .. 7,454 929 796 1,198
26,601 24,312 .. 19,201 3,406 5,138 3,197
39,679 33,492 .. 22,612 5,278 10,690 8,599
51,674 45,329 .. 34,526 7,268 10,581 11,197
70,461 64,666 82 57,261 13,185 7,194 17,869
68,671 41,582 .. 48,784 6,130 -7,572 13,664
75,516 51,375 .. 43,900 .. 7,127 19,749
298.6 311.9 12.0 17.0 1.7 1.9 0.6
114.4 126.3 20.7 14.1 3.1 12.7 1.9
48.7 44.5 10.7 19.6 3.1 27.0 2.0
28.3 23.9 13.2 22.5 4.2 90.8 4.6
25.4 22.2 9.8 19.7 3.6 97.4 3.9
23.4 21.4 2.5 16.0 2.8 118.3 3.7
40.0 24.2 8.5 15.8 2.7 82.2 3.4
36.1 24.6 4.5 12.1 2.3 106.4 5.4
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
66
ANGOLA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
9,543 9,543 2,226 191 0 81 2,035 7,316 0 873 0 0
8,085 8,085 2,703 294 0 226 2,409 5,382 0 2,625 0 0
9,518 9,518 3,174 371 0 319 2,803 6,344 0 5,062 0 0
7,341 7,341 2,581 396 0 347 2,186 4,760 0 3,928 0 0
9,223 9,223 3,202 416 0 365 2,786 6,021 0 5,248 0 0
12,683 12,683 4,001 421 0 369 3,580 8,682 0 7,790 0 0
13,629 13,629 4,814 441 0 385 4,373 8,814 0 7,939 0 0
15,440 15,440 8,152 436 0 378 7,716 7,287 0 6,241 0 0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
550 550 119 30 0 30 89 431 0 396 0 0
1,045 1,045 34 24 0 24 10 1,011 0 1,010 0 0
3,676 3,676 321 34 0 30 287 3,355 0 3,236 0 0
1,222 1,222 505 21 0 18 485 717 0 573 0 0
5,647 5,647 951 9 0 8 942 4,695 0 4,562 0 0
4,621 4,621 1,100 16 0 12 1,084 3,521 0 3,276 0 0
3,793 3,793 1,111 23 0 19 1,088 2,682 0 2,542 0 0
3,930 3,930 3,656 10 0 6 3,646 274 0 24 0 0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
332 332 24 2 0 0 22 308 0 108 0 0
1,530 1,530 268 27 0 0 241 1,262 0 1,149 0 0
2,289 2,289 505 8 0 5 497 1,784 0 1,654 0 0
3,514 3,514 1,207 15 0 5 1,192 2,307 0 1,713 0 0
3,779 3,779 352 7 0 5 345 3,427 0 3,253 0 0
1,129 1,129 275 8 0 6 267 854 0 715 0 0
3,130 3,130 310 8 0 6 302 2,821 0 2,663 0 0
2,109 2,109 282 9 0 7 273 1,827 0 1,784 0 0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
79 79 12 1 0 0 12 67 0 33 0 0
149 149 36 28 0 2 8 113 0 93 0 0
257 257 61 4 0 3 57 195 0 160 0 0
824 824 364 7 0 3 357 460 0 330 0 0
579 579 162 3 0 2 159 416 0 352 0 0
443 443 118 4 0 3 115 325 0 260 0 0
392 392 143 4 0 3 139 250 0 218 0 0
164 164 114 5 0 4 109 50 0 40 0 0
207 -90
-891 -733
2,472 2,603
-2,361 -2,060
2,019 2,078
3,608 3,659
1,516 1,212
1,946 1,974
437 0 0
0 0 0
0 122 0
2 400 0
21 72 0
67 25 0
0 18 0
0 18 0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
2,498 227
2,730 301
2,738 316
2,710 288
2,685 240
2,681 186
2,490 126
1,896 70
2,959 210
2,413 174
1,644 123
1,153 86
496 56
195 38
194 24
139 11
67
ARGENTINA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
98,465 70,979 54,913 16,066 6,131 21,355 0
140,914 107,543 81,633 25,909 5,056 28,315 0
124,939 80,586 54,225 26,361 9,513 34,841 7,735
115,863 87,564 60,754 26,811 0 28,299 7,452
117,317 98,058 68,029 30,028 0 19,260 9,452
118,902 98,925 68,627 30,298 0 19,977 10,003
120,283 100,651 72,927 27,723 0 19,632 10,760
127,849 92,844 67,331 25,514 0 35,005 5,457
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
0 54,891 16,088 8,381
0 81,582 25,961 11,985
11,193 54,205 26,381 2,462
12,125 60,655 26,909 5,747
16,157 67,935 30,123 7,522
18,466 68,539 30,386 4,969
19,637 72,866 27,785 3,375
9,156 67,283 25,561 1,156
External debt flows Disbursements Long-term external debt IMF purchases
11,319 8,954 2,365
20,853 18,759 2,094
4,690 4,690 0
8,789 8,789 0
9,089 9,089 0
7,037 7,037 0
7,537 7,537 0
6,845 6,845 0
Principal repayments Long-term external debt IMF repurchases
3,532 3,048 484
15,679 14,400 1,280
7,009 3,438 3,571
14,819 5,026 9,793
5,171 5,171 0
4,635 4,635 0
8,784 8,784 0
10,444 10,444 0
Net flows Long-term external debt Short-term external debt
21,972 5,906 14,185
4,074 4,359 -1,100
14,787 1,252 17,106
-12,289 3,763 -6,259
-7,121 3,918 -11,039
2,568 2,402 166
-2,350 -1,248 -1,102
17,078 -3,599 20,676
Interest payments Long-term external debt IMF charges Short-term external debt
5,322 4,320 274 727
11,163 9,236 195 1,732
2,962 2,108 510 344
3,979 2,959 83 937
3,774 2,900 0 874
3,089 2,849 0 240
3,343 3,222 0 121
3,596 3,426 0 170
5,609 1,091
10,418 -3,227
5,265 -48
5,537 707
6,473 1,785
9,726 -531
4,017 -212
6,337 -208
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 9.2 0.2 1.6 57.5
.. 6.2 0.6 0.4 61.0
36.6 2.7 0.1 0.4 54.4
36.6 2.5 0.1 0.4 55.9
39.1 2.3 0.1 0.4 54.7
36.9 2.9 0.1 0.4 57.0
36.0 2.7 0.1 0.4 58.8
31.2 3.1 0.0 0.4 63.8
6.5 16.3 4.7
7.2 18.2 4.8
4.2 17.3 4.6
5.5 20.3 5.0
6.1 18.9 4.8
3.3 18.4 3.6
1.9 26.3 3.9
1.2 24.8 4.0
7.4 4.8 4.6
10.0 11.6 11.6
5.0 8.4 3.7
5.7 11.1 6.0
6.6 13.7 11.5
6.8 12.8 11.3
5.4 28.5 19.0
2.9 28.5 19.0
253,396 29,356 64 35,070 2,129 -5,118 15,979
276,656 38,697 86 48,076 3,086 -8,981 25,152
176,575 51,334 432 46,543 5,456 5,275 28,082
208,884 60,254 541 52,947 7,112 7,767 32,022
255,510 72,968 606 65,967 7,283 7,354 46,149
319,508 87,794 698 81,209 7,902 6,755 46,385
297,639 70,254 621 61,896 8,360 8,405 48,007
353,713 84,079 641 80,638 8,516 3,082 52,208
335.4 38.9 30.2 21.7 9.5 16.2 5.5
364.1 50.9 69.4 20.1 11.5 17.8 6.3
243.4 70.8 19.4 27.9 12.5 22.5 7.2
192.3 55.5 36.2 24.4 12.9 27.6 7.3
160.8 45.9 12.3 16.4 12.7 39.3 8.4
135.4 37.2 8.8 16.8 12.4 39.0 6.9
171.2 40.4 17.3 16.3 13.4 39.9 9.3
152.1 36.1 16.7 27.4 13.2 40.8 7.8
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
68
ARGENTINA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
70,979 54,913 20,658 9,373 4,913 0 11,285 34,255 32,670 793 16,066 7,582
107,543 81,633 20,484 16,235 8,789 0 4,249 61,149 60,622 294 25,909 11,138
80,586 54,225 20,344 15,571 6,881 0 4,774 33,881 33,373 171 26,361 8,772
87,564 60,754 20,184 14,984 6,206 0 5,200 40,569 40,018 201 26,811 10,138
98,058 68,029 20,443 14,909 5,674 0 5,535 47,586 46,589 211 30,028 12,073
98,925 68,627 20,575 14,780 5,069 0 5,794 48,052 47,088 205 30,298 7,921
100,651 72,927 22,333 16,157 5,305 0 6,176 50,595 49,670 208 27,723 6,850
92,844 67,331 22,922 16,918 5,349 0 6,004 44,409 43,571 201 25,514 7,855
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8,954 6,604 2,804 1,936 941 0 868 3,800 3,630 105 2,350 834
18,759 14,277 1,937 1,923 1,019 0 13 12,340 12,338 2 4,482 1,408
4,690 3,183 989 985 362 0 4 2,194 2,194 0 1,507 540
8,789 3,893 1,666 1,662 459 0 4 2,227 2,227 0 4,896 2,896
9,089 5,647 2,385 2,373 505 0 12 3,263 3,263 0 3,441 2,241
7,037 4,047 2,022 2,000 332 0 22 2,025 2,025 0 2,990 0
7,537 3,591 3,498 3,070 1,028 0 429 93 93 0 3,946 476
6,845 2,545 2,455 2,437 787 0 18 90 90 0 4,300 2,037
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
3,048 1,783 1,356 512 259 0 844 427 128 158 1,265 631
14,400 8,896 1,837 825 538 0 1,012 7,059 6,842 162 5,503 2,309
3,438 1,672 1,489 1,462 928 0 27 183 182 0 1,766 680
5,026 2,539 2,362 2,354 1,134 0 9 177 175 1 2,487 1,303
5,171 3,230 2,676 2,568 1,037 0 108 554 554 0 1,941 606
4,635 2,367 2,363 2,253 936 0 111 3 3 0 2,268 2,009
8,784 3,071 1,783 1,637 793 0 146 1,287 1,232 0 5,714 450
10,444 4,789 1,917 1,648 741 0 268 2,872 2,818 0 5,655 969
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
4,320 3,435 1,374 617 306 0 757 2,062 1,960 56 885 641
9,236 7,196 1,589 1,256 701 0 334 5,606 5,465 121 2,041 1,109
2,108 1,392 751 747 288 0 5 641 640 0 716 585
2,959 1,309 842 838 346 0 4 467 466 0 1,650 1,135
2,900 1,618 868 864 350 0 4 750 750 0 1,282 759
2,849 1,644 763 719 258 0 44 881 881 0 1,206 710
3,222 1,887 656 581 169 0 76 1,231 1,195 0 1,335 562
3,426 2,337 613 552 147 0 60 1,725 1,695 0 1,089 567
23,646 21,972
570 4,074
-37,439 14,787
-9,076 -12,289
1,454 -7,121
1,585 2,568
1,381 -2,350
7,567 17,078
248 863 0
0 689 2,745
20,136 40,333 0
2,096 3 0
983 0 0
0 0 0
0 10 0
8,115 9,347 0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
2,131 478
2,287 442
1,984 396
1,965 349
1,930 300
1,782 254
1,560 215
1,438 183
5,558 4,010
5,180 3,696
4,422 3,374
1,847 3,142
4,940 2,996
2,186 2,618
6,219 2,299
1,344 1,903
Notes: Long-term private nonguaranteed debt data for 2010 are reported by the country for the second time. Historical data are World Bank staff estimates. Short-term debt data are revised from 2007 to 2009 based on BIS data and 2010 based on country data. Long-term provincial debt data are World Bank staff estimates.
69
ARMENIA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
371 298 298 0 70 2 1
916 697 675 21 175 44 6
1,842 1,368 923 446 176 298 0
2,004 1,533 1,037 496 164 307 0
2,898 2,281 1,282 999 158 459 0
3,406 2,818 1,446 1,373 135 453 0
4,886 3,778 2,376 1,401 587 521 0
6,103 4,744 2,557 2,187 741 618 0
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
75 298 0 131
4 675 21 74
0 923 446 251
0 1,037 496 65
0 1,282 999 203
0 1,446 1,373 201
0 2,376 1,401 898
0 2,557 2,187 248
External debt flows Disbursements Long-term external debt IMF purchases
148 102 46
84 84 0
177 168 10
175 165 10
761 751 10
783 776 7
1,713 1,247 466
1,919 1,734 184
Principal repayments Long-term external debt IMF repurchases
3 3 0
31 15 16
104 69 34
80 49 31
82 58 24
280 253 27
323 300 23
879 857 22
Net flows Long-term external debt Short-term external debt
147 100 1
42 69 -11
-38 98 -112
104 116 9
831 693 152
497 523 -6
1,458 947 68
1,137 877 97
Interest payments Long-term external debt IMF charges Short-term external debt
8 7 2 0
15 9 3 2
35 23 1 11
70 59 1 11
107 91 1 15
85 70 1 15
100 79 4 17
89 60 8 21
25 0
104 0
239 1
453 -1
699 0
935 -1
777 1
570 0
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 0.0 0.0 0.0 62.6
.. 0.0 0.0 0.0 93.3
8.0 0.2 0.0 0.0 86.3
8.8 0.4 0.0 0.0 82.6
9.0 7.0 0.0 0.0 71.2
8.7 12.1 0.0 0.0 62.9
6.3 11.3 0.0 0.0 66.0
5.8 14.6 0.0 0.0 62.8
1.3 32.6 9.2
0.8 35.7 10.2
0.8 39.6 10.0
0.8 32.2 10.3
1.5 24.4 8.7
1.2 32.1 8.8
2.9 19.7 5.9
1.9 20.6 5.8
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.7 14.4 3.9
1,466 354 65 741 .. -218 111
1,964 551 87 1,017 22 -278 314
5,033 1,873 498 2,449 170 -52 669
6,600 2,134 658 2,946 244 -117 1,072
9,485 2,588 846 4,122 332 -590 1,659
12,133 2,751 1,062 5,272 279 -1,383 1,407
8,708 2,054 769 4,237 332 -1,369 2,004
9,424 2,897 996 4,833 364 -1,373 1,866
104.7 25.3 3.2 0.6 56.1 30.0 1.8
166.4 46.6 8.3 4.8 52.9 34.3 3.7
98.3 36.6 7.4 16.2 43.9 36.3 3.3
93.9 30.4 7.0 15.3 45.1 53.5 4.4
112.0 30.6 7.3 15.8 35.9 57.2 4.8
123.8 28.1 13.3 13.3 32.6 41.3 3.2
237.9 56.1 20.6 10.7 29.2 41.0 5.7
210.7 64.8 33.4 10.1 24.8 30.6 4.6
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
70
ARMENIA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
298 298 298 208 5 91 90 0 0 0 0 0
697 675 658 485 8 388 173 17 0 5 21 0
1,368 923 921 808 6 746 113 1 0 0 446 0
1,533 1,037 1,036 905 6 841 131 1 0 0 496 0
2,281 1,282 1,281 1,041 5 965 240 1 0 0 999 0
2,818 1,446 1,444 1,111 5 1,025 333 1 0 0 1,373 0
3,778 2,376 2,375 1,427 53 1,161 948 1 0 0 1,401 0
4,744 2,557 2,556 1,513 106 1,161 1,042 1 0 0 2,187 0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
102 102 102 102 3 88 0 0 0 0 0 0
84 63 62 58 0 54 4 1 0 0 21 0
168 50 50 37 0 34 14 0 0 0 117 0
165 83 83 72 0 64 11 0 0 0 82 0
751 207 207 110 0 93 97 0 0 0 544 0
776 164 164 92 0 80 72 0 0 0 612 0
1,247 941 941 324 49 142 617 0 0 0 306 0
1,734 198 198 127 53 36 71 0 0 0 1,536 0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
3 3 3 0 0 0 3 0 0 0 0 0
15 15 13 8 0 0 5 2 0 0 0 0
69 16 16 14 1 3 2 0 0 0 53 0
49 17 17 15 1 6 2 0 0 0 32 0
58 17 17 15 1 7 2 0 0 0 42 0
253 15 15 13 1 11 2 0 0 0 238 0
300 21 21 15 1 14 6 0 0 0 279 0
857 24 24 18 1 15 6 0 0 0 833 0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
7 7 7 7 0 0 0 0 0 0 0 0
9 9 9 8 0 3 1 0 0 0 0 0
23 9 9 8 0 6 2 0 0 0 14 0
59 9 9 8 0 6 2 0 0 0 49 0
91 10 10 8 0 7 2 0 0 0 81 0
70 11 11 9 0 8 2 0 0 0 58 0
79 23 23 9 0 8 14 0 0 0 56 0
60 35 35 12 1 8 23 0 0 0 25 0
156 147
15 42
-127 -38
162 104
894 831
508 497
1,480 1,458
1,217 1,137
0 0 0
14 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
7. Long-term external debt
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
28 36
30 38
81 38
98 37
111 36
120 34
134 32
144 30
560 95
416 71
366 49
239 36
184 25
140 17
113 10
90 5
Notes: Short-term debt is based on reports provided by the country.
71
AZERBAIJAN (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
321 206 206 0 101 14 6
1,384 892 794 99 336 156 0
1,941 1,591 1,404 187 164 186 0
2,492 1,838 1,734 104 134 520 0
3,521 2,375 2,232 143 103 1,043 0
4,263 3,014 2,687 327 79 1,169 0
4,531 3,660 3,346 314 62 810 0
6,974 6,050 3,892 2,158 46 878 0
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
36 206 0 188
0 794 99 202
0 1,404 187 1,387
0 1,734 104 412
0 2,232 143 723
0 2,687 327 1,928
0 3,346 314 1,627
0 3,892 2,158 823
External debt flows Disbursements Long-term external debt IMF purchases
205 102 103
306 306 0
449 430 19
468 468 0
490 490 0
741 741 0
870 870 0
2,780 2,780 0
Principal repayments Long-term external debt IMF repurchases
0 0 0
74 22 51
200 152 48
206 169 37
90 53 37
174 152 22
264 246 19
315 300 15
Net flows Long-term external debt Short-term external debt
207 102 2
360 284 127
298 279 48
596 299 334
923 437 523
694 589 126
247 624 -359
2,532 2,479 68
Interest payments Long-term external debt IMF charges Short-term external debt
10 9 1 0
56 37 14 5
35 26 2 6
55 39 2 15
97 78 1 18
122 88 1 33
83 64 0 19
95 75 0 20
330 0
130 0
1,680 0
-584 1
-4,749 2
15 0
473 0
563 1
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 0.0 0.0 0.0 51.4
.. 19.3 0.0 12.1 61.1
13.6 26.6 0.0 3.3 51.9
19.6 20.9 0.0 2.3 50.9
22.3 17.1 0.0 1.7 51.0
21.1 17.6 0.0 1.4 51.6
27.0 12.7 0.0 1.0 51.3
28.9 13.8 0.0 0.6 49.4
1.4 32.2 9.4
4.3 22.6 4.7
2.3 28.8 7.7
4.3 24.7 8.0
4.9 20.1 4.2
2.7 21.5 4.8
1.4 25.2 6.6
1.5 17.6 4.7
0.0 0.0 0.0
8.2 11.4 1.1
3.5 13.3 3.0
6.0 12.0 0.5
6.6 9.8 1.3
4.8 13.0 5.0
4.5 14.0 3.5
3.0 10.0 2.5
3,039 795 3 1,306 0 -401 121
4,987 2,174 57 2,415 317 -168 680
11,599 8,534 693 8,850 1,582 167 1,178
18,302 14,235 813 11,093 2,624 3,708 2,500
27,970 22,845 1,287 14,831 4,995 9,019 4,273
40,992 32,728 1,554 17,325 5,401 16,454 6,467
40,255 23,398 1,274 13,942 3,664 10,178 5,364
46,870 29,216 1,432 14,686 3,815 15,040 6,409
40.4 10.6 1.3 4.4 30.8 37.7 1.1
63.7 27.8 6.0 11.3 23.3 49.1 3.4
22.7 16.7 2.8 9.6 32.5 60.7 1.6
17.5 13.6 1.8 20.9 29.5 100.3 2.7
15.4 12.6 0.8 29.6 27.4 121.3 3.5
13.0 10.4 0.9 27.4 26.7 151.7 4.5
19.4 11.3 1.5 17.9 32.3 118.4 4.6
23.9 14.9 1.4 12.6 25.0 91.9 5.2
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
72
AZERBAIJAN (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
206 206 206 99 0 30 107 0 0 0 0 0
892 794 656 323 0 216 333 138 0 113 99 0
1,591 1,404 1,130 630 0 501 500 274 0 274 187 0
1,838 1,734 1,277 735 5 583 542 457 0 403 104 0
2,375 2,232 1,539 963 21 660 576 693 0 552 143 0
3,014 2,687 1,858 1,140 78 698 719 829 0 634 327 0
3,660 3,346 2,178 1,461 199 739 717 1,168 0 949 314 0
6,050 3,892 2,665 1,745 300 763 920 1,226 0 1,023 2,158 0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
102 102 102 90 0 30 13 0 0 0 0 0
306 300 213 56 0 27 157 88 0 84 6 0
430 306 70 57 0 48 13 236 0 236 124 0
468 443 266 211 5 60 55 177 0 121 25 0
490 443 233 219 16 58 14 210 0 119 47 0
741 526 283 213 56 50 70 242 0 167 216 0
870 820 431 367 122 45 64 389 0 346 50 0
2,780 866 559 353 101 46 206 307 0 296 1,914 0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
0 0 0 0 0 0 0 0 0 0 0 0
22 15 13 9 0 0 4 2 0 0 7 0
152 55 38 18 0 2 21 16 0 16 97 0
169 53 34 17 0 4 17 19 0 17 116 0
53 43 26 21 0 6 5 16 0 13 11 0
152 129 49 29 0 8 20 80 0 59 23 0
246 193 115 54 0 9 61 78 0 59 53 0
300 228 101 42 0 10 58 128 0 101 72 0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
9 9 9 2 0 0 7 0 0 0 0 0
37 32 31 7 0 2 24 1 0 0 5 0
26 19 16 9 0 4 7 4 0 4 7 0
39 32 18 11 1 4 7 14 0 13 7 0
78 71 34 26 1 5 8 37 0 24 7 0
88 77 29 21 3 5 8 48 0 35 11 0
64 52 31 22 5 5 9 21 0 15 12 0
75 62 27 19 4 6 9 35 0 32 13 0
208 207
306 360
94 298
551 596
1,030 923
741 694
269 247
2,442 2,532
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
7. Long-term external debt
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
135 46
199 52
249 54
299 59
312 58
350 55
351 51
355 47
183 48
203 48
278 45
256 38
245 32
225 26
207 21
182 16
Notes: Long-term private nonguaranteed debt data cover European Bank for Reconstruction and Development and other private creditors.
73
BANGLADESH (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
15,726 14,905 14,905 0 622 199 15
15,535 14,985 14,985 0 216 334 0
18,381 17,385 17,385 0 308 688 16
20,035 18,380 18,380 0 476 1,178 0
21,298 19,428 19,428 0 501 1,370 4
22,880 20,300 20,300 0 686 1,894 1
23,802 21,187 21,187 0 675 1,940 1
24,963 21,371 21,371 0 617 2,974 2
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
13 14,905 0 716
4 14,985 0 588
1 17,385 0 1,106
3 18,380 0 1,322
53 19,428 0 1,997
11 20,300 0 2,751
7 21,187 0 1,796
22 21,371 0 2,007
External debt flows Disbursements Long-term external debt IMF purchases
757 757 0
861 861 0
976 878 97
1,213 1,063 150
1,080 1,080 0
1,939 1,732 206
1,499 1,499 0
963 963 0
Principal repayments Long-term external debt IMF repurchases
574 513 61
572 487 86
566 566 0
482 482 0
735 735 0
640 632 8
727 703 23
780 734 46
Net flows Long-term external debt Short-term external debt
182 244 -1
368 374 80
370 312 -40
1,237 581 506
532 344 188
1,826 1,100 527
818 795 46
1,216 229 1,033
Interest payments Long-term external debt IMF charges Short-term external debt
180 167 3 10
194 165 7 22
233 197 1 35
228 167 2 59
255 180 2 72
249 203 7 39
228 197 6 25
233 199 3 32
2 -15
280 1
813 20
697 31
653 153
1,010 -48
713 -153
968 ..
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 25.6 3.5 0.0 41.7
.. 20.3 3.0 0.0 44.3
0.7 14.2 2.1 0.0 50.7
0.8 12.5 1.9 0.0 52.3
0.9 10.4 1.7 0.0 51.9
0.7 10.0 1.5 0.0 52.4
0.6 9.0 1.4 0.0 53.5
0.5 9.8 1.2 0.0 52.7
1.9 38.2 10.0
2.4 28.4 7.4
1.5 35.2 9.2
2.0 33.6 8.7
2.1 32.4 8.2
1.2 37.6 9.5
2.0 25.4 7.3
0.9 35.8 9.3
0.0 0.0 0.0
3.0 12.7 3.2
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
39,097 4,702 1,202 7,790 0 -824 2,376
48,857 7,293 1,968 10,018 149 -306 1,516
63,355 10,668 4,315 15,618 661 -176 2,825
65,952 13,065 5,428 17,802 765 1,196 3,877
73,523 14,335 6,562 20,766 903 857 5,277
86,607 17,690 8,941 26,382 840 926 5,787
97,485 17,098 10,521 24,522 1,105 3,556 10,342
109,438 21,765 10,852 30,595 1,164 2,502 11,175
334.5 40.2 16.1 1.3 61.5 15.1 3.7
213.0 31.8 10.5 2.2 70.8 9.8 1.8
172.3 29.0 7.5 3.7 76.4 15.4 2.2
153.3 30.4 5.4 5.9 74.6 19.4 2.6
148.6 29.0 6.9 6.4 76.6 24.8 3.0
129.3 26.4 5.0 8.3 75.6 25.3 2.6
139.2 24.4 5.6 8.2 77.2 43.4 5.1
114.7 22.8 4.7 11.9 74.0 44.8 4.4
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
74
BANGLADESH (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
14,905 14,905 14,727 9,669 55 5,638 5,057 179 0 12 0 0
14,985 14,985 14,809 10,998 24 6,431 3,810 176 0 15 0 0
17,385 17,385 17,201 14,044 0 8,688 3,157 184 0 32 0 0
18,380 18,380 18,217 14,947 0 9,297 3,270 163 0 30 0 0
19,428 19,428 19,280 16,315 0 10,077 2,965 148 0 26 0 0
20,300 20,300 20,202 17,296 0 10,613 2,907 98 0 18 0 0
21,187 21,187 21,103 18,376 0 10,746 2,726 84 0 15 0 0
21,371 21,371 21,303 18,460 0 10,653 2,842 69 0 10 0 0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
757 757 677 494 0 198 183 79 0 0 0 0
861 861 794 650 0 357 145 67 0 15 0 0
878 878 878 814 0 547 64 0 0 0 0 0
1,063 1,063 1,063 742 0 398 321 0 0 0 0 0
1,080 1,080 1,080 1,008 0 602 71 0 0 0 0 0
1,732 1,732 1,706 1,451 0 820 255 27 0 0 0 0
1,499 1,499 1,499 1,430 0 297 69 0 0 0 0 0
963 963 963 850 0 326 113 0 0 0 0 0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
513 513 414 104 5 41 310 99 0 2 0 0
487 487 465 168 5 82 297 22 0 0 0 0
566 566 551 290 0 153 260 16 0 5 0 0
482 482 459 328 0 172 131 24 0 5 0 0
735 735 719 383 0 193 335 17 0 5 0 0
632 632 612 434 0 213 178 20 0 5 0 0
703 703 690 477 0 234 214 13 0 3 0 0
734 734 723 498 0 243 225 11 0 5 0 0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
167 167 162 87 4 42 75 5 0 0 0 0
165 165 156 93 2 47 63 9 0 0 0 0
197 197 195 133 0 70 62 2 0 0 0 0
167 167 166 137 0 70 29 2 0 1 0 0
180 180 178 144 0 72 34 2 0 1 0 0
203 203 199 161 0 77 38 3 0 1 0 0
197 197 195 157 0 79 38 2 0 0 0 0
199 199 197 160 0 78 37 2 0 0 0 0
244 182
-845 368
-1,205 370
1,653 1,237
1,263 532
1,582 1,826
922 818
1,161 1,216
0 0 0
0 0 0
0 0 0
0 83 0
0 158 0
0 533 0
0 0 0
0 0 0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
798 236
837 242
1,130 244
1,151 237
949 229
1,005 227
1,051 221
1,105 218
23 2
20 2
15 1
15 1
2 0
2 0
2 0
2 0
75
BELARUS (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
1,694 1,302 1,301 0 283 110 19
2,140 787 689 98 114 1,239 14
4,737 1,233 786 448 0 3,503 1
5,352 1,697 842 855 0 3,654 4
10,341 3,463 2,338 1,125 0 6,878 2
12,266 5,308 3,719 1,589 0 6,959 2
17,490 6,594 4,823 1,772 2,871 8,024 3
25,726 10,251 7,850 2,401 3,495 11,980 0
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
140 1,301 0 145
29 689 98 136
37 777 456 412
22 837 860 174
10 2,336 1,127 1,639
4 3,719 1,589 1,961
19 4,823 1,772 1,492
0 7,850 2,401 3,582
External debt flows Disbursements Long-term external debt IMF purchases
441 258 182
249 249 0
648 648 0
747 747 0
2,532 2,532 0
2,709 2,709 0
4,980 2,154 2,825
5,675 5,007 668
Principal repayments Long-term external debt IMF repurchases
108 108 0
261 206 56
519 510 9
483 483 0
757 757 0
858 858 0
866 866 0
905 905 0
Net flows Long-term external debt Short-term external debt
369 150 36
-89 43 -76
695 138 566
412 264 148
5,000 1,775 3,225
1,932 1,851 82
5,178 1,289 1,064
8,729 4,102 3,959
Interest payments Long-term external debt IMF charges Short-term external debt
74 59 10 4
107 39 7 61
161 51 0 111
250 72 0 178
322 81 0 241
349 232 0 117
313 172 13 128
506 239 66 201
15 0
119 1
305 1
354 -1
1,785 5
2,181 1
1,884 1
1,403 1
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 2.3 0.0 0.7 50.8
.. 2.2 0.0 0.1 48.9
14.4 1.1 0.0 0.0 71.8
26.0 0.7 0.0 0.0 61.1
9.9 0.1 0.0 0.0 85.5
4.1 0.0 0.0 0.0 93.3
7.7 0.0 0.0 0.0 89.4
15.8 0.2 0.0 0.0 70.5
5.1 16.0 5.6
6.8 5.9 2.4
5.0 7.6 1.4
5.9 16.9 5.4
4.6 14.9 5.4
6.1 12.1 4.2
4.1 13.4 4.7
6.9 4.9 2.7
8.1 5.8 1.6
7.2 2.5 1.0
8.9 1.1 1.1
7.2 2.3 1.3
4.8 3.0 1.0
0.0 0.0 0.0
3.2 9.0 2.3
8.8 5.1 5.1
13,922 5,271 29 5,805 0 -458 377
12,690 7,667 139 8,160 5 -338 350
30,266 18,350 255 18,079 135 436 1,342
37,206 22,482 340 24,134 236 -1,448 1,386
45,546 27,901 354 31,124 435 -3,032 4,179
61,149 37,696 443 42,855 682 -4,988 3,063
49,507 25,341 358 31,793 872 -6,178 5,640
54,989 30,400 376 39,021 1,039 -8,317 5,025
32.1 12.2 3.4 6.5 11.1 22.3 0.8
27.9 16.9 4.8 57.9 10.1 16.4 0.5
25.8 15.6 3.7 74.0 1.7 28.3 0.9
23.8 14.4 3.3 68.3 1.2 25.9 0.7
37.1 22.7 3.9 66.5 0.5 40.4 1.6
32.5 20.1 3.2 56.7 0.4 25.0 0.9
69.0 35.3 4.7 45.9 1.5 32.2 2.1
84.6 46.8 4.6 46.6 1.1 19.5 1.5
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
76
BELARUS (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
1,302 1,301 769 188 116 0 582 532 0 46 0 0
787 689 400 217 105 0 183 289 0 56 98 0
1,233 786 566 81 59 0 485 219 0 57 448 0
1,697 842 571 65 50 0 506 271 0 102 855 0
3,463 2,338 2,076 52 42 0 2,023 262 0 107 1,125 19
5,308 3,719 3,547 50 42 0 3,497 172 0 68 1,589 19
6,594 4,823 4,694 261 256 0 4,433 128 0 46 1,772 19
10,251 7,850 5,882 295 291 0 5,587 1,968 1,802 110 2,401 0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
258 258 131 77 11 0 54 127 0 20 0 0
249 143 25 25 6 0 0 118 0 48 106 0
648 254 188 7 7 0 181 66 0 34 395 0
747 207 74 5 5 0 69 133 0 83 540 0
2,532 1,717 1,596 7 7 0 1,589 121 0 96 815 19
2,709 1,568 1,563 16 16 0 1,547 5 0 0 1,141 0
2,154 1,265 1,254 216 216 0 1,038 11 0 10 889 0
5,007 3,628 1,733 37 37 0 1,696 1,895 1,796 99 1,379 0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
108 108 84 70 0 0 15 24 0 0 0 0
206 134 52 49 14 0 4 82 0 28 71 0
510 177 94 42 16 0 52 83 0 12 333 0
483 171 73 23 15 0 50 98 0 42 311 0
757 253 98 21 16 0 77 155 0 101 505 0
858 183 97 19 17 0 78 86 0 35 675 0
866 158 99 5 3 0 95 59 0 33 708 0
905 163 110 3 1 0 107 53 0 32 742 19
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
59 59 32 23 8 0 10 26 0 1 0 0
39 38 18 17 6 0 2 19 0 4 1 0
51 39 17 5 3 0 12 22 0 4 12 0
72 45 28 4 3 0 24 16 0 6 27 0
81 49 30 4 3 0 26 19 0 8 33 1
232 176 159 3 2 0 156 17 0 8 56 2
172 105 97 2 2 0 94 8 0 4 67 2
239 154 114 2 2 0 112 40 37 2 85 1
398 369
-122 -89
708 695
615 412
4,989 5,000
1,926 1,932
5,224 5,178
8,236 8,729
0 0 0
50 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 15 0
0 0 0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
190 239
1,216 236
456 139
601 119
584 96
509 77
519 63
496 49
652 210
607 194
376 184
293 176
1,015 91
163 8
131 4
131 1
Notes: Short-term debt is based on reports provided by the National Bank.
77
BELIZE (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
255 219 219 0 0 36 1
615 565 557 8 0 50 0
1,021 1,014 989 25 0 7 7
1,046 1,038 1,018 20 0 8 8
1,060 1,053 1,039 14 0 7 7
1,044 1,036 1,020 16 0 7 7
1,071 1,054 1,040 14 7 10 10
1,045 1,031 1,021 10 7 7 7
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
1 219 0 29
0 557 8 224
2 989 25 199
0 1,018 20 106
1 1,038 15 581
1 1,020 16 28
1 1,035 19 90
1 1,017 14 71
External debt flows Disbursements Long-term external debt IMF purchases
31 31 0
223 223 0
213 213 0
100 100 0
604 604 0
41 41 0
78 71 7
31 31 0
Principal repayments Long-term external debt IMF repurchases
25 25 0
41 41 0
157 157 0
77 77 0
591 591 0
56 56 0
53 53 0
53 53 0
Net flows Long-term external debt Short-term external debt
27 6 21
181 182 -1
55 55 0
23 23 0
13 13 0
-15 -15 0
25 18 0
-22 -22 0
Interest payments Long-term external debt IMF charges Short-term external debt
11 10 0 1
35 32 0 3
74 74 0 0
65 65 0 0
64 64 0 0
49 49 0 0
46 46 0 0
48 48 0 0
21 ..
23 ..
127 ..
109 4
140 ..
170 2
109 ..
96 ..
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 0.0 10.0 0.1 62.7
.. 0.0 1.8 0.0 92.6
1.6 0.0 0.4 0.0 96.5
1.7 0.0 0.4 0.0 96.6
1.6 0.0 0.2 0.0 96.8
1.1 0.0 0.1 0.0 97.5
1.5 0.0 0.1 0.0 97.2
1.3 0.0 0.1 0.0 97.5
5.9 17.9 3.9
6.3 21.1 5.3
0.0 28.4 1.0
2.9 10.5 2.4
5.1 21.6 5.4
3.8 18.9 4.3
1.9 22.2 4.6
2.0 22.5 5.3
8.6 4.8 0.3
9.5 8.1 3.0
4.7 7.1 1.6
0.0 0.0 0.0
4.2 22.0 12.5
4.3 22.0 12.5
0.0 0.0 0.0
0.0 0.0 0.0
599 300 14 351 8 -17 38
775 441 26 663 31 -156 123
1,000 634 46 836 35 -151 71
1,088 800 65 899 52 -25 114
1,118 831 75 976 87 -52 109
1,197 872 78 1,129 107 -145 166
1,236 733 80 895 56 -83 214
1,303 834 80 972 102 -46 218
85.0 42.6 12.2 14.0 35.1 14.7 1.3
139.3 79.3 17.3 8.1 22.6 20.0 2.2
161.1 102.0 36.5 0.7 22.0 7.0 1.0
130.7 96.2 17.8 0.7 21.8 10.9 1.5
127.6 94.8 78.9 0.7 23.0 10.2 1.3
119.6 87.2 12.1 0.7 22.1 15.9 1.8
146.1 86.6 13.5 0.9 23.8 20.0 2.9
125.3 80.3 12.1 0.7 24.5 20.9 2.7
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
78
BELIZE (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
219 219 175 89 30 0 86 44 0 39 0 0
565 557 228 139 40 0 89 328 75 245 8 0
1,014 989 348 225 35 0 124 641 482 149 25 0
1,038 1,018 415 228 30 0 188 603 466 129 20 0
1,053 1,039 391 243 25 0 148 648 24 619 14 0
1,036 1,020 386 230 21 0 156 635 22 610 16 0
1,054 1,040 417 254 16 0 162 624 21 603 14 0
1,031 1,021 406 256 12 0 150 615 21 594 10 0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
31 31 26 12 6 0 13 5 0 5 0 0
223 218 27 22 2 0 4 192 86 96 5 0
213 213 48 14 1 0 34 165 143 12 0 0
100 100 97 17 0 0 80 3 0 3 0 0
604 604 63 36 0 0 26 541 0 541 0 0
41 41 40 16 0 0 24 2 0 2 0 0
71 71 70 40 0 0 30 1 0 1 0 0
31 31 31 21 0 0 10 0 0 0 0 0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
25 25 18 7 2 0 11 8 0 5 0 0
41 41 20 9 4 0 11 22 11 9 0 0
157 155 21 14 4 0 6 135 36 98 2 0
77 73 31 16 5 0 15 42 16 22 5 0
591 585 88 22 5 0 66 497 441 52 6 0
56 52 38 22 5 0 16 15 2 10 4 0
53 51 39 17 4 0 23 12 1 8 2 0
53 49 41 18 4 0 23 8 0 8 4 0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
10 10 8 4 2 0 4 2 0 2 0 0
32 32 12 7 3 0 4 20 1 18 0 0
74 73 15 10 2 0 5 58 41 16 1 0
65 64 17 10 2 0 7 47 36 10 1 0
64 64 19 11 2 0 8 45 23 21 0 0
49 49 17 10 1 0 7 31 2 29 0 0
46 45 15 8 1 0 7 30 2 28 0 0
48 47 13 8 0 0 5 34 2 32 1 0
56 27
219 181
51 55
25 23
14 13
-16 -15
27 25
-25 -22
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
7 0 0
0 0 0
0 0 0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
39 12
31 12
31 11
34 11
34 10
42 9
33 8
31 7
12 29
31 27
9 26
9 25
8 24
5 24
5 23
4 23
Notes: Long-term private nonguaranteed debt data are World Bank staff estimates.
79
BENIN (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
1,397 1,265 1,265 0 84 47 8
1,388 1,238 1,238 0 84 66 1
1,538 1,444 1,444 0 53 41 2
641 597 597 0 3 41 2
764 755 755 0 4 5 5
917 857 857 0 22 37 4
1,072 990 990 0 39 44 32
1,221 1,134 1,134 0 55 32 25
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
71 1,265 0 113
2 1,238 0 140
6 1,444 0 266
8 597 0 91
9 755 0 228
13 857 0 147
36 990 0 232
41 1,134 0 284
External debt flows Disbursements Long-term external debt IMF purchases
104 90 14
48 39 9
98 97 1
162 161 1
160 158 1
162 143 19
166 150 16
209 193 16
Principal repayments Long-term external debt IMF repurchases
25 23 2
53 43 11
31 24 7
27 27 0
18 18 0
17 17 0
25 25 0
30 30 0
Net flows Long-term external debt Short-term external debt
95 67 16
-54 -4 -48
82 73 15
135 134 0
102 140 -39
178 127 33
120 125 -21
175 163 -5
Interest payments Long-term external debt IMF charges Short-term external debt
23 21 0 2
21 16 0 4
16 14 0 2
14 12 0 2
11 10 0 1
42 41 0 0
12 12 0 0
13 13 0 0
13 0
60 0
53 2
53 0
255 5
170 -2
134 9
111 ..
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 0.0 0.5 0.0 45.0
.. 2.6 0.3 0.0 54.7
4.4 0.0 0.0 0.0 50.6
4.9 0.0 0.0 0.0 27.0
3.8 0.0 0.0 0.0 27.8
3.2 0.0 0.0 0.0 24.3
5.3 0.0 0.0 0.0 21.5
9.7 0.0 0.0 0.0 19.9
1.7 32.4 8.9
1.9 32.7 8.3
1.3 30.4 9.3
1.2 32.6 8.3
1.5 32.5 8.4
1.5 30.1 8.0
1.3 36.8 8.9
1.0 31.5 9.4
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
1,965 638 100 926 6 -167 198
2,243 552 87 744 1 -81 459
4,259 797 173 1,188 9 -226 655
4,623 976 224 1,452 15 -217 912
5,428 1,386 282 2,189 53 -534 1,209
6,672 1,675 251 2,456 30 -536 1,263
6,605 .. 251 2,310 32 -649 1,230
6,633 .. 248 .. .. .. 1,200
219.0 71.1 7.5 3.4 63.2 14.2 2.6
251.5 61.9 13.5 4.8 69.8 33.1 7.4
192.8 36.1 5.9 2.7 88.2 42.6 6.6
65.6 13.9 4.2 6.4 72.2 142.4 7.5
55.1 14.1 2.1 0.6 78.1 158.2 6.6
54.7 13.7 3.5 4.1 75.5 137.8 6.2
.. 16.2 .. 4.1 74.7 114.7 6.4
.. 18.4 .. 2.7 75.9 98.3 ..
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
80
BENIN (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
1,265 1,265 1,261 882 0 498 379 4 0 0 0 0
1,238 1,238 1,235 969 0 578 266 3 0 0 0 0
1,444 1,444 1,444 1,356 0 771 88 0 0 0 0 0
597 597 597 463 0 126 134 0 0 0 0 0
755 755 755 597 0 176 159 0 0 0 0 0
857 857 857 692 0 255 165 0 0 0 0 0
990 990 990 801 0 309 188 0 0 0 0 0
1,134 1,134 1,134 927 0 383 207 0 0 0 0 0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
90 90 90 80 0 31 10 0 0 0 0 0
39 39 39 27 0 36 12 0 0 0 0 0
97 97 97 92 0 49 4 0 0 0 0 0
161 161 161 85 0 32 75 0 0 0 0 0
158 158 158 138 0 43 21 0 0 0 0 0
143 143 143 138 0 84 5 0 0 0 0 0
150 150 150 117 0 51 33 0 0 0 0 0
193 193 193 166 0 79 27 0 0 0 0 0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
23 23 23 16 0 3 7 0 0 0 0 0
43 43 43 14 0 4 28 0 0 0 0 0
24 24 20 20 0 6 1 4 0 0 0 0
27 27 27 21 0 3 6 0 0 0 0 0
18 18 18 17 0 0 2 0 0 0 0 0
17 17 17 14 0 0 3 0 0 0 0 0
25 25 25 17 0 0 8 0 0 0 0 0
30 30 30 21 0 0 8 0 0 0 0 0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
21 21 21 8 0 4 12 0 0 0 0 0
16 16 16 11 0 4 5 0 0 0 0 0
14 14 14 13 0 6 1 0 0 0 0 0
12 12 12 12 0 4 1 0 0 0 0 0
10 10 10 10 0 1 1 0 0 0 0 0
41 41 41 24 0 2 17 0 0 0 0 0
12 12 12 10 0 2 2 0 0 0 0 0
13 13 13 11 0 2 2 0 0 0 0 0
14 95
-88 -54
-60 82
-897 135
123 102
153 178
156 120
149 175
5 139 0
53 7 0
0 15 0
0 1,076 0
0 0 0
0 6 0
0 0 0
0 0 0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
49 15
52 17
58 18
60 18
63 17
60 16
61 15
61 14
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
Notes: Benin was granted debt relief effective in 2006 under MDRI.
81
BHUTAN (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
105.8 105.2 105.2 0.0 0.0 0.6 0.6
203.8 202.2 202.2 0.0 0.0 1.5 0.0
649.2 636.7 636.7 0.0 0.0 12.5 4.5
713.3 697.3 697.3 0.0 0.0 16.0 0.0
793.0 775.0 775.0 0.0 0.0 18.0 0.0
685.5 677.5 677.5 0.0 0.0 8.0 0.0
751.9 746.9 746.9 0.0 0.0 5.0 0.0
898.2 892.2 892.2 0.0 0.0 6.0 0.0
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
0.2 105.2 0.0 24.0
0.0 202.2 0.0 85.1
4.1 636.7 0.0 60.3
0.0 697.3 0.0 25.0
0.0 775.0 0.0 556.0
0.0 677.5 0.0 0.0
0.0 746.9 0.0 175.8
0.0 892.2 0.0 1045.2
External debt flows Disbursements Long-term external debt IMF purchases
9.9 9.9 0.0
34.8 34.8 0.0
81.9 81.9 0.0
45.2 45.2 0.0
31.9 31.9 0.0
31.7 31.7 0.0
91.9 91.9 0.0
177.8 177.8 0.0
Principal repayments Long-term external debt IMF repurchases
7.2 7.2 0.0
4.7 4.7 0.0
4.6 4.6 0.0
5.9 5.9 0.0
23.9 23.9 0.0
43.5 43.5 0.0
41.1 41.1 0.0
46.6 46.6 0.0
Net flows Long-term external debt Short-term external debt
2.7 2.7 0.0
29.6 30.1 -0.5
85.3 77.3 8.0
47.3 39.3 8.0
10.0 8.0 2.0
-21.8 -11.8 -10.0
47.8 50.8 -3.0
132.2 131.2 1.0
Interest payments Long-term external debt IMF charges Short-term external debt
2.6 2.6 0.0 0.0
2.0 1.8 0.0 0.2
2.2 2.0 0.0 0.2
4.4 3.4 0.0 1.0
7.9 6.9 0.0 1.0
38.0 38.0 0.0 0.0
34.4 34.4 0.0 0.0
37.6 37.5 0.0 0.1
.. ..
.. ..
9.0 ..
6.1 ..
73.8 ..
28.7 ..
17.6 ..
11.7 ..
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 0.0 0.0 0.0 28.6
.. 0.0 0.0 0.0 17.7
9.6 0.0 0.0 0.0 18.2
10.9 0.0 0.0 0.0 19.2
11.1 0.0 0.0 0.0 19.0
11.6 0.0 0.0 0.0 22.9
11.5 0.0 0.0 0.0 24.0
10.1 3.3 0.0 0.0 22.3
1.3 33.4 11.2
3.6 32.1 10.5
0.8 28.6 7.1
1.4 32.0 8.5
9.2 19.9 7.7
0.8 38.9 9.4
4.3 24.7 6.1
9.8 22.4 8.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
291.6 .. .. .. .. .. 130.5
418.7 .. .. .. .. .. 317.6
806.6 .. .. .. .. .. 467.4
899.9 381.9 2.2 565.8 0.4 -79.1 545.3
1190.9 658.0 2.9 610.2 1.1 143.4 699.0
1231.4 688.6 3.6 832.2 1.9 -26.8 764.8
1229.6 534.8 4.8 733.4 1.1 -112.9 890.9
1419.7 .. 4.8 .. .. .. 1002.1
.. 36.3 .. 0.5 64.5 123.3 ..
.. 48.7 .. 0.8 49.4 155.9 ..
.. 80.5 .. 1.9 27.3 72.0 ..
186.8 79.3 2.7 2.2 27.4 76.5 11.6
120.5 66.6 4.8 2.3 28.2 88.1 13.7
99.5 55.7 11.8 1.2 34.7 111.6 11.0
140.6 61.2 14.1 0.7 38.0 118.5 14.6
.. 63.3 .. 0.7 36.9 111.6 ..
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
82
BHUTAN (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
105.2 105.2 98.4 68.2 0.0 22.5 30.2 6.8 0.0 0.0 0.0 0.0
202.2 202.2 202.2 100.6 0.0 26.1 101.6 0.0 0.0 0.0 0.0 0.0
636.7 636.7 636.7 177.1 0.0 63.3 459.6 0.0 0.0 0.0 0.0 0.0
697.3 697.3 697.3 195.8 0.0 76.0 501.5 0.0 0.0 0.0 0.0 0.0
775.0 775.0 775.0 223.7 0.0 87.5 551.4 0.0 0.0 0.0 0.0 0.0
677.5 677.5 677.5 238.1 0.0 94.3 439.4 0.0 0.0 0.0 0.0 0.0
746.9 746.9 746.9 286.0 0.0 113.9 460.9 0.0 0.0 0.0 0.0 0.0
892.2 892.2 892.2 331.6 0.0 112.3 560.6 0.0 0.0 0.0 0.0 0.0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
9.9 9.9 9.9 5.8 0.0 1.2 4.1 0.0 0.0 0.0 0.0 0.0
34.8 34.8 34.8 11.8 0.0 3.6 23.0 0.0 0.0 0.0 0.0 0.0
81.9 81.9 81.9 22.1 0.0 8.4 59.9 0.0 0.0 0.0 0.0 0.0
45.2 45.2 45.2 15.1 0.0 10.3 30.1 0.0 0.0 0.0 0.0 0.0
31.9 31.9 31.9 21.4 0.0 8.8 10.5 0.0 0.0 0.0 0.0 0.0
31.7 31.7 31.7 14.7 0.0 8.6 16.9 0.0 0.0 0.0 0.0 0.0
91.9 91.9 91.9 51.3 0.0 19.9 40.6 0.0 0.0 0.0 0.0 0.0
177.8 177.8 177.8 50.1 0.0 2.1 127.8 0.0 0.0 0.0 0.0 0.0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
7.2 7.2 4.9 0.6 0.0 0.1 4.3 2.3 0.0 0.0 0.0 0.0
4.7 4.7 4.7 1.3 0.0 0.3 3.4 0.0 0.0 0.0 0.0 0.0
4.6 4.6 4.6 2.2 0.0 0.7 2.5 0.0 0.0 0.0 0.0 0.0
5.9 5.9 5.9 2.5 0.0 0.8 3.4 0.0 0.0 0.0 0.0 0.0
23.9 23.9 23.9 2.7 0.0 0.8 21.2 0.0 0.0 0.0 0.0 0.0
43.5 43.5 43.5 3.7 0.0 1.0 39.8 0.0 0.0 0.0 0.0 0.0
41.1 41.1 41.1 5.3 0.0 1.2 35.7 0.0 0.0 0.0 0.0 0.0
46.6 46.6 46.6 6.4 0.0 1.7 40.2 0.0 0.0 0.0 0.0 0.0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
2.6 2.6 2.0 0.6 0.0 0.2 1.4 0.6 0.0 0.0 0.0 0.0
1.8 1.8 1.8 0.9 0.0 0.2 0.9 0.0 0.0 0.0 0.0 0.0
2.0 2.0 2.0 1.6 0.0 0.6 0.4 0.0 0.0 0.0 0.0 0.0
3.4 3.4 3.4 1.8 0.0 0.6 1.6 0.0 0.0 0.0 0.0 0.0
6.9 6.9 6.9 1.8 0.0 0.6 5.1 0.0 0.0 0.0 0.0 0.0
38.0 38.0 38.0 2.1 0.0 0.7 35.9 0.0 0.0 0.0 0.0 0.0
34.4 34.4 34.4 2.2 0.0 0.7 32.2 0.0 0.0 0.0 0.0 0.0
37.5 37.5 37.5 3.0 0.0 0.8 34.5 0.0 0.0 0.0 0.0 0.0
1.3 2.7
20.0 29.6
55.9 85.3
64.1 47.3
79.7 10.0
-107.5 -21.8
66.4 47.8
146.3 132.2
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
72.2 35.4
72.7 30.7
77.6 25.8
81.3 20.3
122.8 60.9
94.8 51.7
86.1 76.7
122.2 121.2
0.0 0.0
0.0 0.0
0.0 0.0
0.0 0.0
0.0 0.0
0.0 0.0
0.0 0.0
0.0 0.0
83
BOLIVIA, PLURINATIONAL STATE OF (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
5,272 4,698 4,459 239 268 307 20
5,785 5,163 4,137 1,026 220 402 2
6,908 6,482 4,568 1,914 244 182 0
5,798 5,563 3,175 2,388 15 220 0
4,992 4,815 2,194 2,621 0 177 0
5,528 5,370 2,401 2,969 0 158 0
5,743 5,189 2,542 2,647 0 554 0
5,267 5,164 2,806 2,358 0 103 0
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
30 4,459 239 684
19 3,759 1,403 180
0 4,545 1,937 551
0 3,157 2,406 185
0 2,184 2,631 1,059
0 2,392 2,978 1,173
0 2,533 2,656 1,156
0 2,795 2,368 881
External debt flows Disbursements Long-term external debt IMF purchases
520 494 26
759 744 15
895 880 14
364 364 0
912 912 0
1,263 1,263 0
512 512 0
552 552 0
Principal repayments Long-term external debt IMF repurchases
199 173 26
454 434 20
355 315 40
208 208 0
539 525 15
767 767 0
453 453 0
567 567 0
Net flows Long-term external debt Short-term external debt
341 321 20
294 309 -10
449 565 -91
194 155 38
329 387 -43
477 496 -19
455 59 396
-467 -16 -451
Interest payments Long-term external debt IMF charges Short-term external debt
173 155 1 17
180 159 1 20
174 159 6 10
215 203 2 10
202 194 1 7
179 175 0 4
138 119 0 19
79 76 0 4
393 0
736 0
-239 0
281 0
366 0
512 0
423 0
622 0
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 13.2 0.7 0.0 32.7
.. 12.3 0.2 0.0 45.0
1.5 0.0 0.0 0.0 75.3
2.6 0.0 0.0 0.0 66.2
4.2 0.0 0.0 0.0 76.5
3.6 0.0 0.0 0.0 79.7
3.1 0.0 0.0 0.0 82.0
2.7 0.0 0.0 0.0 84.8
3.8 29.1 7.8
4.3 28.1 7.8
4.9 21.6 5.6
4.1 24.9 5.8
2.7 22.8 5.2
3.6 19.9 5.3
3.4 22.3 5.2
2.1 20.7 4.6
6.7 5.6 1.0
1.8 34.3 8.6
0.0 0.0 0.0
0.0 0.0 0.0
5.0 2.0 2.0
4.8 2.7 2.0
2.2 15.0 4.5
0.1 35.7 26.8
6,494 1,262 7 1,809 24 -303 1,005
8,172 1,610 127 2,443 148 -446 1,184
9,173 3,401 346 3,363 271 622 1,795
11,054 4,587 612 4,091 392 1,317 3,194
12,631 5,327 1,065 5,002 644 1,591 5,314
16,139 7,373 1,144 6,664 681 1,993 7,720
16,666 5,666 1,069 6,065 769 814 8,575
18,926 6,922 1,088 7,129 863 874 9,731
417.7 81.2 29.5 5.8 48.9 19.1 6.7
359.4 70.8 39.4 7.0 48.5 20.5 5.8
203.1 75.3 15.6 2.6 60.9 26.0 6.4
126.4 52.4 9.2 3.8 47.5 55.1 9.4
93.7 39.5 13.9 3.5 33.9 106.4 12.7
75.0 34.3 12.8 2.9 32.6 139.7 13.9
101.4 34.5 10.4 9.6 34.3 149.3 17.0
76.1 27.8 9.3 2.0 42.9 184.8 16.4
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
84
BOLIVIA, PLURINATIONAL STATE OF (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
4,698 4,459 4,396 2,579 95 770 1,817 63 17 9 239 0
5,163 4,137 4,103 2,803 0 1,096 1,300 33 0 3 1,026 0
6,482 4,568 4,541 4,206 0 1,673 336 27 0 5 1,914 0
5,563 3,175 3,148 2,754 0 233 393 28 0 8 2,388 0
4,815 2,194 2,158 1,690 0 259 468 36 10 8 2,621 0
5,370 2,401 2,304 1,803 0 281 502 97 10 74 2,969 0
5,189 2,542 2,451 1,971 0 316 480 92 0 81 2,647 0
5,164 2,806 2,782 2,259 0 355 523 24 0 14 2,358 0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
494 427 427 383 0 113 45 0 0 0 67 0
744 276 263 238 0 61 25 13 0 0 468 0
880 434 429 346 0 71 83 4 0 4 447 0
364 259 255 183 0 34 72 4 0 3 105 0
912 319 308 222 0 16 86 10 10 0 593 0
1,263 590 524 458 0 25 66 67 0 66 673 0
512 415 408 330 0 34 79 7 0 7 97 0
552 522 519 436 0 46 84 3 0 0 30 0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
173 155 147 120 26 2 27 8 0 4 18 0
434 153 149 118 12 0 32 4 0 1 281 0
315 184 182 169 0 8 13 2 0 1 131 0
208 200 196 181 0 5 14 4 0 1 8 0
525 165 161 145 0 0 16 4 0 0 360 0
767 375 370 351 0 1 19 5 0 0 392 0
453 196 184 166 0 2 18 13 10 0 257 0
567 246 176 138 0 2 38 70 0 66 322 0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
155 137 133 100 9 6 33 4 0 1 19 0
159 112 111 82 1 1 29 1 0 0 47 0
159 100 99 94 0 12 5 0 0 0 59 0
203 111 111 101 0 6 10 0 0 0 92 0
194 103 103 92 0 2 11 0 0 0 91 0
175 98 98 88 0 2 10 1 0 0 77 0
119 71 67 57 0 2 10 4 0 3 48 0
76 53 50 42 0 2 8 4 0 4 22 0
396 341
237 294
686 449
-1,110 194
-805 329
536 477
215 455
-476 -467
196 82 0
0 64 0
0 65 0
0 1,787 0
0 1,182 0
0 17 0
0 87 0
0 0 0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
185 68
190 77
236 84
279 86
313 83
315 78
320 74
314 67
578 86
514 63
634 48
220 17
207 14
103 11
68 9
202 13
85
BOSNIA AND HERZEGOVINA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
.. .. .. .. 48 .. ..
2,773 2,619 1,957 663 105 49 1
6,222 5,323 2,556 2,767 62 837 0
7,242 6,051 2,716 3,335 20 1,171 0
8,823 7,133 2,958 4,175 2 1,687 0
8,303 7,398 3,000 4,398 0 905 0
9,625 7,662 3,570 4,091 286 1,677 0
8,457 6,899 3,751 3,149 521 1,037 0
.. .. .. ..
1 1,957 663 197
0 2,556 2,767 120
0 2,716 3,335 616
0 2,958 4,175 231
0 3,000 4,398 302
0 3,570 4,091 375
0 3,751 3,149 656
External debt flows Disbursements Long-term external debt IMF purchases
.. .. 46
138 103 36
536 536 0
754 754 0
1,022 1,022 0
471 471 0
683 401 282
771 534 237
Principal repayments Long-term external debt IMF repurchases
.. .. 28
190 170 20
134 95 39
188 144 44
145 127 18
139 137 2
510 510 0
1,128 1,128 0
Net flows Long-term external debt Short-term external debt
.. .. ..
-41 -68 11
879 441 477
899 609 334
1,392 895 516
-450 335 -782
945 -109 772
-997 -594 -640
Interest payments Long-term external debt IMF charges Short-term external debt
.. .. 5 ..
127 119 5 3
151 136 3 12
183 176 2 4
290 217 1 73
307 256 0 50
290 217 1 72
231 177 5 49
.. ..
146 0
608 0
768 0
2,071 0
982 0
240 0
232 0
1. Summary external debt data External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. .. .. .. ..
.. 0.0 0.0 2.3 27.6
33.9 1.2 0.0 1.7 41.3
35.7 1.3 0.0 1.2 40.9
38.0 1.2 0.0 1.2 40.1
38.9 1.5 0.0 1.2 39.1
48.6 1.2 0.0 1.1 32.8
51.0 1.3 0.0 1.0 30.8
.. .. ..
3.7 23.3 6.7
1.9 17.1 5.9
3.1 20.6 6.9
3.9 22.3 6.1
4.7 16.2 4.3
1.7 16.1 4.8
0.9 22.1 7.4
.. .. ..
0.0 0.0 0.0
0.0 0.0 0.0
2.9 12.1 2.9
4.2 15.1 6.9
1.2 13.4 6.0
1.0 13.5 4.5
1.4 13.0 3.5
.. .. .. .. .. .. ..
6,096 2,247 1,607 4,234 0 -396 497
11,216 4,227 2,043 8,103 97 -1,844 2,548
12,717 5,254 2,157 8,486 175 -998 3,655
15,722 6,728 2,700 11,093 344 -1,648 5,002
19,131 8,041 2,735 13,486 187 -2,605 4,464
17,630 6,360 2,133 9,738 -70 -1,075 4,548
17,317 6,819 1,905 10,086 27 -1,008 4,383
.. .. .. .. .. .. ..
123.4 45.5 14.2 1.8 45.6 17.9 1.4
147.2 55.5 6.8 13.5 27.5 40.9 3.8
137.8 57.0 7.1 16.2 24.9 50.5 5.2
131.1 56.1 6.5 19.1 22.0 56.7 5.4
103.3 43.4 5.5 10.9 23.9 53.8 4.0
151.3 54.6 12.6 17.4 22.8 47.3 5.6
124.0 48.8 19.9 12.3 28.6 51.8 5.2
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
86
BOSNIA AND HERZEGOVINA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
.. .. .. .. 472 0 .. .. .. .. .. ..
2,619 1,957 1,832 1,266 562 398 566 125 0 125 663 0
5,323 2,556 2,401 1,712 481 921 689 155 0 155 2,767 0
6,051 2,716 2,547 1,802 466 983 744 169 0 169 3,335 0
7,133 2,958 2,764 1,942 453 1,068 821 195 0 195 4,175 0
7,398 3,000 2,800 1,984 443 1,077 816 200 0 200 4,398 0
7,662 3,570 3,043 2,198 417 1,102 845 527 322 206 4,091 0
6,899 3,751 3,285 2,416 445 1,180 869 466 273 193 3,149 0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
.. .. .. .. .. .. .. .. .. .. .. ..
103 98 98 90 0 44 8 0 0 0 5 0
536 150 150 133 0 56 17 0 0 0 386 0
754 125 125 94 0 27 32 0 0 0 628 0
1,022 149 137 118 0 57 19 12 0 12 873 0
471 189 163 128 0 29 35 26 0 26 282 0
401 329 316 271 0 33 46 12 0 12 73 0
534 464 450 372 50 115 78 14 0 14 69 0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
.. .. .. .. .. .. .. .. .. .. .. ..
170 170 170 166 0 0 3 0 0 0 1 0
95 54 51 44 24 0 7 3 0 3 41 0
144 67 63 56 24 4 8 3 0 3 78 0
127 79 72 63 24 9 9 7 0 7 48 0
137 91 82 71 25 12 11 9 0 9 46 0
510 109 96 84 25 15 12 13 0 13 401 0
1,128 145 107 94 25 18 13 37 25 13 984 0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
.. .. .. .. .. .. .. .. .. .. .. ..
119 89 86 74 33 3 13 2 0 2 30 0
136 53 48 35 17 7 13 6 0 6 83 0
176 61 56 43 23 8 13 6 0 6 114 0
217 70 63 49 26 8 14 6 0 6 147 0
256 80 70 54 26 8 16 10 0 10 176 0
217 63 56 41 17 8 14 8 0 8 153 0
177 55 47 32 8 8 15 9 5 3 121 0
.. ..
397 -41
633 879
1,020 899
1,580 1,392
-520 -450
1,322 945
-1,168 -997
.. .. ..
4 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 28 0
0 0 0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
176 60
173 60
198 59
225 57
233 53
236 49
247 45
253 41
884 128
678 94
611 70
368 48
295 35
229 25
196 17
147 11
Notes: Data on long-term private nonguaranteed debt from 2005 are World Bank staff estimates.
87
BOTSWANA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
717 707 707 0 0 10 6
453 438 438 0 0 15 0
447 412 412 0 0 35 0
382 358 358 0 0 24 0
413 391 391 0 0 22 0
434 391 391 0 0 43 0
1,617 1,388 1,388 0 0 229 0
1,709 1,352 1,352 0 0 357 0
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
9 676 31 0
1 432 5 0
0 412 0 0
0 358 0 75
0 391 0 50
0 391 0 0
0 1,388 0 1,777
0 1,352 0 341
External debt flows Disbursements Long-term external debt IMF purchases
67 67 0
28 28 0
11 11 0
4 4 0
50 50 0
54 54 0
1,006 1,006 0
17 17 0
Principal repayments Long-term external debt IMF repurchases
64 64 0
52 52 0
40 40 0
45 45 0
37 37 0
61 61 0
36 36 0
56 56 0
Net flows Long-term external debt Short-term external debt
4 3 1
-29 -24 -5
-17 -30 13
-51 -40 -11
11 13 -2
15 -6 21
1,156 970 186
89 -39 128
Interest payments Long-term external debt IMF charges Short-term external debt
27 27 0 0
17 15 0 1
13 12 0 1
12 10 0 2
10 9 0 1
8 7 0 1
11 9 0 2
19 16 0 4
70 6
57 -6
492 27
751 36
647 9
895 -37
252 18
529 0
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 11.1 3.8 0.1 13.4
.. 11.4 2.3 0.1 18.0
6.9 17.1 5.2 0.1 20.5
8.2 10.4 6.1 0.0 20.8
8.0 13.3 5.5 0.0 18.3
7.2 13.9 3.6 0.0 24.9
2.0 3.5 1.0 0.0 7.7
0.3 3.6 0.8 0.0 8.1
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
4.6 18.2 5.2
3.3 20.9 5.9
0.0 0.0 0.0
0.8 20.7 5.8
1.0 23.4 4.5
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
4,741 2,904 59 2,565 416 300 4,695
5,280 3,378 26 3,050 658 545 6,318
9,416 5,740 131 4,851 1,066 1,562 6,309
10,483 5,821 116 4,755 1,043 1,938 7,992
11,638 6,339 105 5,649 989 1,796 9,790
12,841 6,147 114 6,719 1,057 468 9,119
11,514 4,531 88 5,935 727 -526 8,704
14,771 5,094 100 6,383 .. -754 7,885
24.7 15.1 3.1 1.4 70.1 654.7 22.0
13.4 8.6 2.0 3.3 65.7 1,395.5 24.9
7.8 4.8 0.9 7.8 58.6 1,410.5 15.6
6.6 3.6 1.0 6.3 64.2 2,091.3 20.2
6.5 3.5 0.7 5.3 58.2 2,369.9 20.8
7.1 3.4 1.1 9.9 57.1 2,102.1 16.3
35.7 14.0 1.0 14.2 77.4 538.2 17.6
33.5 11.6 1.5 20.9 71.5 461.5 14.8
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
88
BOTSWANA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
707 707 660 503 96 12 157 47 0 33 0 0
438 438 410 297 16 9 112 28 0 20 0 0
412 412 401 262 2 7 139 12 0 7 0 0
358 358 349 245 1 6 104 9 0 5 0 0
391 391 384 240 0 6 144 7 0 4 0 0
391 391 389 248 0 5 141 2 0 0 0 0
1,388 1,388 1,387 1,252 0 5 135 2 0 0 0 0
1,352 1,352 1,351 1,222 6 4 129 1 0 0 0 0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
67 67 67 23 1 0 44 0 0 0 0 0
28 28 24 8 0 0 16 4 0 4 0 0
11 11 11 0 0 0 11 0 0 0 0 0
4 4 4 2 0 0 3 0 0 0 0 0
50 50 50 8 0 0 43 0 0 0 0 0
54 54 54 44 0 0 11 0 0 0 0 0
1,006 1,006 1,006 997 0 0 9 0 0 0 0 0
17 17 17 16 6 0 1 0 0 0 0 0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
64 64 58 48 24 0 9 6 0 5 0 0
52 52 45 33 7 0 12 7 0 6 0 0
40 40 38 28 1 0 10 2 0 2 0 0
45 45 42 30 1 0 12 2 0 2 0 0
37 37 35 25 1 0 10 2 0 2 0 0
61 61 56 26 0 0 30 5 0 4 0 0
36 36 35 21 0 0 14 1 0 0 0 0
56 56 55 41 0 0 14 1 0 0 0 0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
27 27 24 21 9 0 3 3 0 2 0 0
15 15 14 11 1 0 3 1 0 1 0 0
12 12 11 8 0 0 4 0 0 0 0 0
10 10 10 7 0 0 3 0 0 0 0 0
9 9 9 6 0 0 3 0 0 0 0 0
7 7 7 5 0 0 3 0 0 0 0 0
9 9 9 5 0 0 3 0 0 0 0 0
16 16 16 12 1 0 3 0 0 0 0 0
17 4
-51 -29
-63 -17
-65 -51
31 11
21 15
1,184 1,156
91 89
0 0 0
0 0 0
0 0 0
0 28 0
0 0 0
0 0 0
0 0 0
0 0 0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
53 12
34 13
33 13
35 13
143 13
147 13
152 12
155 11
1 0
1 0
0 0
0 0
0 0
0 0
0 0
0 0
89
BRAZIL (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
160,469 129,090 98,260 30,830 142 31,238 1,546
241,550 208,809 96,127 112,682 1,768 30,973 176
187,526 163,533 94,028 69,505 0 23,993 0
193,458 173,133 84,245 88,889 0 20,325 2
237,605 198,357 79,595 118,762 0 39,248 2
262,151 225,500 79,658 145,842 0 36,652 8
276,910 237,121 87,295 149,826 0 39,789 3
346,978 281,482 96,542 184,940 0 65,496 4
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
3,936 97,392 31,698 7,606
1,821 95,681 113,127 30,607
18 92,677 70,855 12,659
3 83,044 90,089 9,248
6 78,374 119,983 11,070
5 78,408 147,092 12,812
9 84,686 152,435 25,693
4 93,444 188,038 15,703
External debt flows Disbursements Long-term external debt IMF purchases
20,207 20,207 0
44,051 44,051 0
27,402 27,402 0
52,622 52,622 0
59,904 59,904 0
69,505 69,505 0
57,670 57,670 0
84,723 84,723 0
Principal repayments Long-term external debt IMF repurchases
11,051 11,002 49
47,733 41,040 6,693
49,561 25,751 23,810
47,388 47,388 0
40,422 40,422 0
40,285 40,285 0
30,425 30,425 0
31,972 31,972 0
Net flows Long-term external debt Short-term external debt
8,797 9,205 -359
-1,851 3,011 1,831
-23,433 1,651 -1,274
1,564 5,234 -3,670
38,405 19,482 18,923
26,618 29,220 -2,602
30,386 27,244 3,142
78,458 52,752 25,706
Interest payments Long-term external debt IMF charges Short-term external debt
10,522 8,719 10 1,792
17,111 15,280 336 1,494
13,282 10,303 1,079 1,900
14,785 13,150 109 1,526
14,514 13,025 0 1,489
16,175 15,037 0 1,138
14,165 13,675 0 489
13,835 13,150 0 684
4,859 2,775
32,779 3,076
15,066 6,451
18,782 7,716
34,585 26,217
45,058 -7,565
25,949 37,071
48,438 37,684
1. Summary external debt data External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 8.7 1.8 0.3 68.3
.. 7.4 1.0 0.3 70.4
9.4 6.1 0.2 0.1 79.3
10.4 5.4 0.3 0.0 79.0
9.8 4.7 0.0 0.0 80.7
9.0 5.9 0.1 0.0 80.6
7.2 5.0 0.1 0.0 84.2
6.1 5.0 0.1 0.0 86.0
5.9 19.9 4.9
5.7 8.6 1.3
4.7 18.5 4.3
6.0 17.1 4.4
4.6 16.7 3.9
3.6 23.6 3.8
2.4 15.2 5.0
0.8 25.3 4.6
7.7 3.3 2.1
9.9 15.5 14.2
8.7 14.5 14.0
7.5 15.1 15.0
8.5 13.7 9.4
5.4 14.1 13.6
5.6 11.2 9.0
5.0 10.4 10.1
757,886 56,098 3,315 77,855 2,814 -18,136 51,477
626,768 68,205 1,649 93,950 4,238 -24,225 33,015
856,883 137,550 3,540 127,123 11,035 13,985 53,799
1,061,994 163,708 4,253 154,393 13,884 13,621 85,843
1,337,851 196,096 4,382 198,574 19,692 1,551 180,334
1,613,509 240,904 5,089 273,320 28,773 -28,192 193,783
1,562,412 189,549 4,234 217,189 21,029 -24,302 238,539
2,049,172 241,089 4,000 291,242 26,584 -47,365 288,575
286.1 21.2 38.5 19.5 5.8 32.1 7.9
354.2 38.5 95.1 12.8 7.6 13.7 4.2
136.3 21.9 45.7 12.8 10.3 28.7 5.1
118.2 18.2 38.0 10.5 11.3 44.4 6.7
121.2 17.8 28.0 16.5 9.6 75.9 10.9
108.8 16.2 23.4 14.0 9.3 73.9 8.5
146.1 17.7 23.5 14.4 8.9 86.1 13.2
143.9 16.9 19.0 18.9 8.6 83.2 11.9
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
90
BRAZIL (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
129,090 98,260 27,837 9,366 6,038 0 18,471 70,423 54,615 12,158 30,830 11,290
208,809 96,127 29,351 18,330 7,377 0 11,021 66,776 54,096 11,478 112,682 16,846
163,533 94,028 25,843 19,356 8,083 0 6,487 68,185 59,077 8,331 69,505 35,969
173,133 84,245 25,382 21,929 9,694 0 3,454 58,862 49,173 9,575 88,889 38,764
198,357 79,595 26,148 22,721 9,676 0 3,427 53,447 45,441 7,719 118,762 45,311
225,500 79,658 29,026 24,358 10,671 0 4,668 50,632 42,035 8,389 145,842 37,855
237,121 87,295 32,385 24,754 10,065 0 7,632 54,910 47,107 7,621 149,826 53,342
281,482 96,542 41,251 29,747 13,523 0 11,504 55,290 41,323 13,738 184,940 83,032
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
20,207 8,111 2,005 1,257 838 0 747 6,107 1,661 4,340 12,096 4,563
44,051 19,636 5,244 4,478 1,692 0 766 14,391 10,836 3,532 24,415 2,886
27,402 13,195 3,326 2,326 773 0 1,001 9,868 8,252 1,608 14,207 6,579
52,622 11,122 4,249 3,865 2,203 0 384 6,873 5,614 1,240 41,500 9,832
59,904 6,273 2,063 1,986 606 0 78 4,210 2,977 1,182 53,630 13,930
69,505 16,642 4,319 2,965 1,726 0 1,354 12,323 10,254 2,061 52,863 6,754
57,670 13,727 6,845 3,270 1,274 0 3,575 6,882 6,100 724 43,943 17,015
84,723 19,301 11,306 6,999 4,472 0 4,307 7,995 0 7,869 65,422 32,384
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
11,002 6,522 3,719 1,683 1,377 0 2,035 2,804 919 1,051 4,480 2,670
41,040 17,226 7,045 4,309 887 0 2,736 10,181 8,397 1,546 23,813 2,775
25,751 9,444 3,300 1,774 1,029 0 1,526 6,145 4,187 1,923 16,306 7,063
47,388 24,474 4,534 1,512 743 0 3,022 19,941 17,885 2,015 22,914 5,479
40,422 14,079 2,263 1,679 805 0 584 11,816 8,110 3,612 26,343 8,471
40,285 16,282 2,352 1,734 812 0 618 13,931 11,952 1,897 24,002 2,420
30,425 7,740 3,413 2,835 1,872 0 577 4,327 2,673 1,572 22,685 1,585
31,972 9,573 2,621 1,929 960 0 692 6,952 5,642 1,236 22,398 2,656
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8,719 6,624 1,567 750 491 0 817 5,056 4,416 376 2,095 837
15,280 6,926 1,915 1,407 464 0 508 5,010 4,212 759 8,355 1,562
10,303 6,689 1,047 807 307 0 240 5,642 5,033 602 3,614 2,161
13,150 7,136 1,224 973 432 0 251 5,911 5,012 891 6,014 3,799
13,025 7,069 1,352 1,174 548 0 178 5,717 4,959 742 5,956 3,454
15,037 6,048 1,283 1,111 498 0 172 4,765 4,272 480 8,989 2,842
13,675 5,778 1,205 919 359 0 286 4,573 4,025 531 7,898 2,936
13,150 5,166 961 634 180 0 327 4,205 3,777 418 7,985 4,207
8,075 8,797
-2,558 -1,851
-32,260 -23,433
5,933 1,564
44,147 38,405
24,546 26,618
14,758 30,386
70,068 78,458
234 0 0
0 137 6,342
4,271 0 0
0 0 0
28 0 0
265 56 0
4 0 0
78 0 0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
3,360 905
3,530 845
3,123 781
2,915 739
5,031 663
4,851 553
4,680 442
4,260 335
23,068 15,049
21,489 13,884
21,052 13,036
14,985 11,801
26,030 10,478
14,585 8,982
18,100 7,919
11,126 7,478
Notes: Short-term debt for 2010 is based on reports provided by the country.
91
BULGARIA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
10,379 9,150 8,808 342 717 512 74
11,212 8,440 7,671 769 1,322 1,450 0
15,700 10,597 5,075 5,522 660 4,442 0
20,990 12,609 5,066 7,543 341 8,040 0
32,967 18,930 5,242 13,689 0 14,036 0
48,603 30,268 4,397 25,871 0 18,334 0
53,499 34,921 4,772 30,148 0 18,578 0
48,077 32,704 4,466 28,238 0 15,373 0
227 8,808 342 678
1 7,671 769 700
0 5,075 5,522 266
0 5,066 7,543 104
0 5,242 13,689 455
0 4,397 25,871 732
0 4,772 30,148 280
0 4,466 28,238 274
External debt flows Disbursements Long-term external debt IMF purchases
259 259 0
995 719 276
3,710 3,710 0
3,616 3,616 0
7,740 7,740 0
15,545 15,545 0
8,191 8,191 0
1,499 1,499 0
Principal repayments Long-term external debt IMF repurchases
565 319 246
712 573 139
3,352 2,909 443
1,992 1,645 346
3,033 2,686 347
3,765 3,765 0
3,694 3,694 0
3,381 3,381 0
Net flows Long-term external debt Short-term external debt
-194 -61 113
465 145 183
1,564 801 1,206
5,222 1,970 3,598
10,704 5,054 5,996
16,078 11,780 4,298
4,740 4,496 244
-5,087 -1,881 -3,205
Interest payments Long-term external debt IMF charges Short-term external debt
575 501 50 24
584 456 63 65
613 445 37 130
744 489 24 230
1,164 603 9 552
1,610 858 0 752
1,516 773 0 743
634 568 0 66
90 0
1,002 5
4,312 449
7,758 148
13,215 89
9,979 -106
3,389 8
2,168 9
1. Summary external debt data External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 9.0 0.2 1.1 66.1
.. 5.5 0.1 0.3 80.1
48.4 5.1 0.0 0.0 44.9
50.7 6.5 0.0 0.0 41.7
52.4 7.4 0.0 0.0 39.3
51.7 12.9 0.0 0.0 34.6
56.8 12.4 0.0 0.0 30.4
56.1 14.4 0.0 0.0 29.2
5.9 17.3 5.4
6.2 16.7 4.4
3.0 16.2 4.7
3.7 16.1 2.6
4.9 16.6 4.5
2.3 20.7 5.1
2.0 17.6 5.3
2.3 20.1 5.9
3.4 4.7 3.2
7.6 16.0 4.9
4.2 9.4 1.9
5.0 10.0 0.5
0.0 0.0 0.0
2.0 29.2 9.2
0.0 0.0 0.0
0.0 0.0 0.0
12,637 6,926 .. 7,084 0 -26 1,635
12,580 7,321 58 8,314 107 -703 3,507
28,979 17,674 1,613 22,034 912 -3,347 8,697
32,358 21,972 1,716 28,680 1,857 -5,863 11,756
38,878 27,487 1,694 39,909 3,742 -11,437 17,545
49,256 31,925 1,919 45,094 2,722 -11,846 17,930
46,900 24,392 1,592 29,975 1,822 -4,258 18,522
45,871 28,358 1,387 30,972 1,964 -578 17,223
149.9 82.1 16.5 4.9 11.9 15.8 2.8
153.2 89.1 17.7 12.9 13.8 31.3 5.1
88.8 54.2 22.4 28.3 15.7 55.4 4.7
95.5 64.9 12.4 38.3 11.4 56.0 4.9
119.9 84.8 15.3 42.6 8.1 53.2 5.3
152.2 98.7 16.8 37.7 4.5 36.9 4.8
219.3 114.1 21.4 34.7 4.7 34.6 7.4
169.5 104.8 14.2 32.0 4.8 35.8 6.7
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
92
BULGARIA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
9,150 8,808 2,950 1,230 444 0 1,720 5,857 5,412 394 342 0
8,440 7,671 2,603 1,542 824 0 1,061 5,068 4,982 26 769 0
10,597 5,075 3,045 2,457 1,453 0 587 2,030 1,920 111 5,522 526
12,609 5,066 3,012 2,392 1,331 0 620 2,054 1,937 116 7,543 736
18,930 5,242 3,362 2,674 1,604 0 688 1,880 1,792 86 13,689 855
30,268 4,397 3,019 2,198 1,207 0 821 1,378 1,342 34 25,871 522
34,921 4,772 3,322 2,507 1,509 0 815 1,450 1,430 19 30,148 146
32,704 4,466 3,152 2,330 1,338 0 823 1,314 1,301 12 28,238 134
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
259 259 129 38 15 0 91 129 33 96 0 0
719 405 381 156 71 0 225 24 0 24 313 0
3,710 402 383 328 200 0 55 19 0 19 3,308 249
3,616 260 243 150 38 0 93 17 0 16 3,355 215
7,740 368 361 293 201 0 68 7 0 7 7,372 0
15,545 370 362 227 56 0 136 8 0 8 15,175 0
8,191 520 520 446 370 0 74 0 0 0 7,671 0
1,499 200 200 176 20 0 23 0 0 0 1,299 0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
319 319 92 25 0 0 67 228 39 182 0 0
573 345 297 58 27 0 239 48 46 1 229 0
2,909 1,761 255 214 85 0 41 1,507 1,496 11 1,147 10
1,645 515 502 430 276 0 73 13 0 13 1,130 49
2,686 404 299 253 65 0 47 105 87 18 2,282 0
3,765 858 715 658 462 0 57 143 124 19 2,908 287
3,694 281 266 187 85 0 79 15 0 15 3,413 372
3,381 268 261 185 90 0 76 7 0 7 3,113 0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
501 501 178 61 31 0 118 323 315 7 0 0
456 424 139 81 49 0 58 285 284 0 32 0
445 327 93 75 40 0 18 234 229 5 118 30
489 352 100 82 44 0 19 252 245 7 137 44
603 285 129 110 62 0 19 156 149 7 318 55
858 286 148 124 72 0 24 139 133 5 572 36
773 211 106 84 43 0 22 105 104 1 562 29
568 160 71 49 17 0 22 89 89 0 408 11
550 -194
192 465
33 1,564
5,290 5,222
11,977 10,704
15,636 16,078
4,896 4,740
-5,422 -5,087
84 0 0
0 12 0
0 72 0
0 14 0
0 20 0
0 83 127
0 0 0
0 0 0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
328 83
338 73
272 65
285 59
296 52
303 46
310 39
285 33
7,582 1,325
5,328 1,006
5,327 724
2,838 516
3,033 351
1,718 219
1,442 135
1,154 68
Notes: Data on long-term private nonguaranteed debt from 2008 are World Bank staff estimates based on reports provided by the country. The data may include longterm public and publicly guaranteed debt owed by the state-owned railway. Short-term debt data are based on the Central Bank data.
93
BURKINA FASO (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
1,271 1,140 1,140 0 75 56 12
1,422 1,226 1,226 0 112 84 5
1,994 1,868 1,868 0 104 22 0
1,123 999 999 0 35 89 0
1,450 1,257 1,257 0 37 155 0
1,670 1,505 1,505 0 54 110 0
1,822 1,711 1,711 0 110 0 0
2,053 1,925 1,925 0 129 0 0
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
37 1,140 0 37
42 1,226 0 53
36 1,868 0 232
39 999 0 294
37 1,257 0 389
34 1,505 0 405
34 1,711 0 48
35 1,925 0 57
External debt flows Disbursements Long-term external debt IMF purchases
139 112 27
99 91 7
218 203 15
300 281 19
226 225 1
312 294 18
266 212 54
296 274 21
Principal repayments Long-term external debt IMF repurchases
28 28 0
33 26 7
28 24 4
27 27 0
25 25 0
27 27 0
27 27 0
33 32 1
Net flows Long-term external debt Short-term external debt
124 83 14
47 65 -19
188 179 -2
341 255 67
267 200 66
240 266 -45
129 185 -110
263 242 0
Interest payments Long-term external debt IMF charges Short-term external debt
20 18 0 2
14 12 1 1
17 16 0 1
17 15 0 2
17 12 0 5
18 14 0 3
15 15 0 0
18 18 0 0
10 ..
23 -3
32 -4
74 1
370 -1
152 -2
105 ..
37 ..
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 0.0 0.3 0.0 55.5
.. 0.0 0.1 0.0 59.4
1.7 0.0 0.0 0.0 56.5
6.2 0.0 0.0 0.0 40.3
6.7 0.0 0.0 0.0 39.4
13.0 0.0 0.0 0.0 36.2
12.6 0.0 0.0 0.0 35.4
12.2 0.0 0.0 0.0 33.6
0.8 39.9 10.4
1.4 37.1 7.8
0.9 35.8 8.8
0.8 40.9 10.1
1.3 32.6 8.5
1.1 35.5 9.1
0.8 49.9 10.4
0.8 41.3 9.4
0.0 0.0 0.0
0.0 0.0 0.0
4.2 11.2 1.7
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
2,369 .. 78 .. .. .. 347
2,606 251 67 691 3 -319 243
5,411 589 57 1,458 7 -634 438
5,756 732 68 1,515 7 -543 555
6,752 811 84 1,775 11 -560 1,029
7,932 1,069 99 2,442 38 -963 928
8,019 1,140 99 2,035 35 -380 1,296
8,810 .. 95 .. .. .. 1,068
.. 53.6 .. 4.4 77.2 27.3 ..
567.6 54.6 18.6 5.9 72.0 17.1 4.2
338.6 36.9 7.7 1.1 85.2 22.0 3.6
153.5 19.5 6.0 7.9 69.8 49.4 4.4
178.6 21.5 5.1 10.7 67.5 71.0 7.0
156.2 21.1 4.2 6.6 71.5 55.5 4.6
159.7 22.7 3.7 .. 76.5 71.1 7.6
.. 23.3 .. .. 77.9 52.0 ..
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
94
BURKINA FASO (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
1,140 1,140 1,135 981 0 608 154 5 0 0 0 0
1,226 1,226 1,222 1,024 0 593 198 3 0 0 0 0
1,868 1,868 1,868 1,699 0 1,043 169 0 0 0 0 0
999 999 987 784 0 371 202 12 0 0 0 0
1,257 1,257 1,232 979 0 468 252 26 0 0 0 0
1,505 1,505 1,484 1,193 0 626 291 22 0 0 0 0
1,711 1,711 1,690 1,394 0 721 296 22 0 0 0 0
1,925 1,925 1,907 1,600 0 776 307 18 0 0 0 0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
112 112 112 106 0 85 6 0 0 0 0 0
91 91 91 76 0 38 16 0 0 0 0 0
203 203 203 191 0 107 13 0 0 0 0 0
281 281 270 232 0 125 38 12 0 0 0 0
225 225 211 161 0 80 50 14 0 0 0 0
294 294 294 239 0 160 55 0 0 0 0 0
212 212 212 195 0 90 17 0 0 0 0 0
274 274 274 247 0 67 28 0 0 0 0 0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
28 28 28 24 0 4 4 0 0 0 0 0
26 26 26 20 0 1 6 0 0 0 0 0
24 24 24 17 0 5 8 0 0 0 0 0
27 27 27 18 0 3 9 0 0 0 0 0
25 25 22 11 0 0 11 3 0 0 0 0
27 27 25 15 0 0 9 3 0 0 0 0
27 27 27 16 0 0 10 0 0 0 0 0
32 32 29 18 0 0 11 2 0 0 0 0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
18 18 18 11 0 4 6 0 0 0 0 0
12 12 12 9 0 4 2 0 0 0 0 0
16 16 16 14 0 8 2 0 0 0 0 0
15 15 15 13 0 5 3 0 0 0 0 0
12 12 12 9 0 4 3 0 0 0 0 0
14 14 14 11 0 4 3 0 0 0 0 0
15 15 15 11 0 5 3 0 0 0 0 0
18 18 18 13 0 5 5 0 0 0 0 0
139 124
-161 47
5 188
-871 341
327 267
220 240
152 129
232 263
0 15 0
17 81 92
1 45 0
4 1,290 0
0 3 0
1 7 0
0 3 0
1 6 0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
55 23
55 23
65 23
73 23
77 22
83 22
93 21
97 20
3 1
3 1
3 0
3 0
3 0
3 0
0 0
0 0
Notes: Burkina Faso was granted debt relief effective in 2006 under MDRI.
95
BURUNDI (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
1162.0 1099.3 1099.3 0.0 47.8 14.9 2.0
1108.0 1036.0 1036.0 0.0 7.0 65.0 19.7
1321.8 1229.6 1229.6 0.0 58.2 34.1 33.1
1411.8 1291.4 1291.4 0.0 82.7 37.6 36.6
1455.7 1343.7 1343.7 0.0 98.2 13.8 12.8
1438.2 1303.2 1303.2 0.0 116.9 18.1 4.1
512.7 414.7 414.7 0.0 90.9 7.1 0.1
537.1 411.7 411.7 0.0 109.6 15.8 0.8
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
3.0 1099.3 0.0 38.8
82.1 1036.0 0.0 50.3
75.2 1229.6 0.0 39.2
76.4 1291.4 0.0 3.8
60.2 1343.7 0.0 2.4
64.6 1303.2 0.0 37.0
19.8 414.7 0.0 8.0
18.8 411.7 0.0 5.1
External debt flows Disbursements Long-term external debt IMF purchases
44.8 44.8 0.0
41.3 41.3 0.0
63.3 42.1 21.1
60.4 39.4 21.0
42.2 31.3 10.9
46.6 24.8 21.7
43.9 23.6 20.4
55.8 35.6 20.1
Principal repayments Long-term external debt IMF repurchases
26.8 17.8 9.1
14.0 9.4 4.5
27.1 27.1 0.0
12.9 12.9 0.0
11.2 11.2 0.0
11.3 11.3 0.0
15.3 8.4 6.9
1.8 1.8 0.0
Net flows Long-term external debt Short-term external debt
26.3 27.1 8.3
18.4 31.8 -8.9
34.2 15.0 -2.0
47.5 26.5 0.0
31.0 20.1 0.0
48.3 13.5 13.0
21.6 15.2 -7.0
62.0 33.9 8.0
Interest payments Long-term external debt IMF charges Short-term external debt
11.8 11.0 0.3 0.5
7.9 4.5 0.1 3.3
12.2 11.9 0.2 0.1
5.5 5.1 0.3 0.1
7.8 7.3 0.5 0.0
8.2 7.4 0.6 0.2
4.1 3.6 0.4 0.1
1.6 1.4 0.0 0.1
2.0 0.0
11.7 0.0
0.6 0.0
0.0 0.0
0.5 0.0
3.8 0.0
0.3 0.0
0.8 0.0
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 2.9 0.0 0.0 55.1
.. 2.8 0.0 0.0 59.4
11.1 1.4 0.0 0.0 61.8
11.4 0.7 0.0 0.0 61.3
11.9 0.7 0.0 0.0 60.4
9.9 1.0 0.0 0.0 60.5
17.1 3.0 0.0 0.0 34.1
9.3 3.0 0.0 0.0 37.2
0.8 38.0 9.8
1.7 31.3 8.2
0.8 47.8 10.2
0.0 19.6 10.1
1.5 22.5 4.7
1.0 19.5 6.4
1.0 28.5 10.0
1.0 19.6 8.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
988.0 139.7 .. 281.8 3.1 10.4 216.1
723.4 55.4 .. 165.0 0.4 -50.2 37.6
776.2 98.7 0.1 343.9 2.1 -5.7 100.6
910.0 97.3 0.0 460.4 3.4 -133.5 131.1
973.9 98.3 0.2 447.5 4.8 -108.0 177.1
1164.6 163.9 3.6 609.4 5.3 -259.4 266.5
1331.3 117.3 28.2 538.0 8.1 -163.6 323.1
1589.0 .. 28.2 .. 10.1 -300.9 332.1
831.6 117.6 27.6 1.3 80.1 18.6 9.2
1999.7 153.2 39.4 5.9 80.4 3.4 2.7
1338.6 170.3 39.8 2.6 80.3 7.6 3.5
1450.6 155.1 18.9 2.7 79.6 9.3 3.4
1480.8 149.5 19.4 0.9 80.9 12.2 4.7
877.7 123.5 11.9 1.3 80.6 18.5 5.2
437.0 38.5 16.6 1.4 61.9 63.0 7.2
.. 33.8 .. 2.9 64.0 61.8 ..
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
96
BURUNDI (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
1099.3 1099.3 1097.6 930.5 0.0 591.4 167.1 1.6 0.0 0.0 0.0 0.0
1036.0 1036.0 1032.0 890.4 0.0 600.5 141.6 4.0 0.0 0.0 0.0 0.0
1229.6 1229.6 1227.5 1061.8 0.0 750.8 165.7 2.1 0.0 0.0 0.0 0.0
1291.4 1291.4 1290.8 1124.0 0.0 797.0 166.9 0.6 0.0 0.0 0.0 0.0
1343.7 1343.7 1342.9 1177.0 0.0 830.1 165.9 0.7 0.0 0.0 0.0 0.0
1303.2 1303.2 1303.2 1159.5 0.0 818.5 143.7 0.0 0.0 0.0 0.0 0.0
414.7 414.7 414.7 317.2 0.0 147.2 97.4 0.0 0.0 0.0 0.0 0.0
411.7 411.7 411.7 343.8 0.0 162.7 67.9 0.0 0.0 0.0 0.0 0.0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
44.8 44.8 44.8 40.6 0.0 27.3 4.2 0.0 0.0 0.0 0.0 0.0
41.3 41.3 38.2 38.2 0.0 36.4 0.0 3.0 0.0 0.0 0.0 0.0
42.1 42.1 42.1 42.1 0.0 27.4 0.0 0.0 0.0 0.0 0.0 0.0
39.4 39.4 36.9 36.9 0.0 28.9 0.0 2.5 0.0 0.0 0.0 0.0
31.3 31.3 31.3 29.8 0.0 19.2 1.5 0.0 0.0 0.0 0.0 0.0
24.8 24.8 24.8 24.3 0.0 13.8 0.5 0.0 0.0 0.0 0.0 0.0
23.6 23.6 23.6 23.6 0.0 8.7 0.0 0.0 0.0 0.0 0.0 0.0
35.6 35.6 35.6 35.6 0.0 17.8 0.0 0.0 0.0 0.0 0.0 0.0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
17.8 17.8 16.9 11.8 0.0 2.9 5.1 0.9 0.0 0.0 0.0 0.0
9.4 9.4 9.4 9.4 0.0 8.8 0.0 0.0 0.0 0.0 0.0 0.0
27.1 27.1 22.5 22.3 0.0 8.5 0.2 4.6 0.0 0.0 0.0 0.0
12.9 12.9 8.9 8.9 0.0 0.0 0.0 4.0 0.0 0.0 0.0 0.0
11.2 11.2 11.2 10.7 0.0 0.0 0.6 0.0 0.0 0.0 0.0 0.0
11.3 11.3 11.3 10.0 0.0 0.1 1.3 0.0 0.0 0.0 0.0 0.0
8.4 8.4 8.4 8.4 0.0 0.1 0.0 0.0 0.0 0.0 0.0 0.0
1.8 1.8 1.8 1.8 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
11.0 11.0 10.9 8.5 0.0 4.6 2.4 0.1 0.0 0.0 0.0 0.0
4.5 4.5 4.5 4.5 0.0 4.4 0.0 0.0 0.0 0.0 0.0 0.0
11.9 11.9 11.9 11.7 0.0 4.3 0.2 0.0 0.0 0.0 0.0 0.0
5.1 5.1 5.1 4.5 0.0 1.7 0.6 0.0 0.0 0.0 0.0 0.0
7.3 7.3 7.3 5.6 0.0 2.4 1.7 0.0 0.0 0.0 0.0 0.0
7.4 7.4 7.4 6.2 0.0 3.7 1.2 0.0 0.0 0.0 0.0 0.0
3.6 3.6 3.6 3.1 0.0 1.0 0.5 0.0 0.0 0.0 0.0 0.0
1.4 1.4 1.4 1.3 0.0 0.8 0.1 0.0 0.0 0.0 0.0 0.0
34.6 26.3
-26.9 18.4
-68.5 34.2
90.0 47.5
43.9 31.0
-17.5 48.3
-925.5 21.6
24.4 62.0
0.0 16.7 0.0
0.0 0.0 0.0
0.0 11.5 0.0
3.9 28.2 0.0
3.3 22.4 0.0
0.0 53.2 0.0
71.4 821.0 0.0
3.4 1.8 0.0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
13.0 3.3
13.1 3.4
14.7 3.4
14.2 3.3
16.2 3.2
16.3 3.1
15.7 3.0
17.0 2.8
0.0 0.0
0.0 0.0
0.0 0.0
0.0 0.0
0.0 0.0
0.0 0.0
0.0 0.0
0.0 0.0
Notes: Data for 2010 include the effects of MDRI and HIPC debt reliefs in the amount of $325 thousand.
97
CAMBODIA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
2,284 2,110 2,110 0 72 102 90
2,628 2,328 2,328 0 73 227 131
3,515 3,155 3,155 0 81 279 243
3,527 3,318 3,318 0 0 209 173
3,761 3,537 3,537 0 0 224 164
4,215 3,892 3,892 0 0 323 197
4,364 4,099 4,099 0 0 265 208
4,676 4,414 4,414 0 0 262 215
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
653 2,110 0 161
1,275 2,328 0 185
1,485 3,155 0 208
1,508 3,318 0 149
1,545 3,537 0 390
1,599 3,892 0 305
1,613 4,099 0 727
1,646 4,414 0 488
External debt flows Disbursements Long-term external debt IMF purchases
123 80 42
90 79 11
168 168 0
153 153 0
154 154 0
383 383 0
211 211 0
347 347 0
Principal repayments Long-term external debt IMF repurchases
5 5 0
14 7 7
16 8 9
15 15 0
13 13 0
19 19 0
26 26 0
33 33 0
Net flows Long-term external debt Short-term external debt
100 75 -18
128 72 52
154 160 2
138 138 0
165 141 24
430 364 66
116 185 -69
303 313 -10
Interest payments Long-term external debt IMF charges Short-term external debt
3 1 1 1
18 12 1 5
15 12 0 2
15 13 0 2
18 15 0 3
23 21 0 2
23 22 0 1
29 28 0 1
151 0
149 0
381 0
483 0
867 0
815 0
530 0
783 ..
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 0.4 0.0 0.0 27.2
.. 0.3 0.0 0.0 30.2
0.8 1.1 0.0 0.0 39.4
0.8 1.2 0.0 0.0 39.0
0.9 1.5 0.0 0.0 39.0
0.9 2.0 0.0 0.0 40.1
0.9 2.4 0.0 0.0 40.6
0.8 2.8 0.0 0.0 41.2
1.8 37.5 9.7
1.3 30.3 8.2
1.4 26.9 9.2
1.0 26.2 9.8
1.5 23.6 7.7
1.2 29.4 8.6
1.3 25.4 3.3
1.5 25.0 8.4
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
3,380 979 12 1,442 4 -186 192
3,534 1,893 121 2,453 123 -136 611
6,006 4,096 200 4,923 227 -307 1,158
6,969 5,079 297 5,971 270 -262 1,411
8,263 5,748 353 6,830 353 -488 2,140
9,831 6,462 325 8,127 403 -1,051 2,639
9,962 5,982 338 7,422 349 -866 3,286
10,779 .. 369 .. .. .. 3,817
233.3 67.6 0.7 4.5 5.2 8.4 1.6
138.8 74.4 1.7 8.6 14.5 23.3 3.0
85.8 58.5 0.8 7.9 30.1 32.9 2.8
69.4 50.6 0.6 5.9 33.1 40.0 2.8
65.4 45.5 0.5 6.0 34.5 56.9 3.8
65.2 42.9 0.7 7.7 33.7 62.6 3.9
72.9 43.8 0.8 6.1 34.4 75.3 5.3
.. 43.4 .. 5.6 32.7 81.6 ..
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
98
CAMBODIA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
2,110 2,110 2,097 118 0 65 1,979 13 0 0 0 0
2,328 2,328 2,328 381 0 207 1,947 0 0 0 0 0
3,155 3,155 3,155 1,059 0 462 2,096 0 0 0 0 0
3,318 3,318 3,318 1,168 0 500 2,150 0 0 0 0 0
3,537 3,537 3,537 1,298 0 535 2,239 0 0 0 0 0
3,892 3,892 3,892 1,420 0 545 2,472 0 0 0 0 0
4,099 4,099 4,099 1,501 0 566 2,598 0 0 0 0 0
4,414 4,414 4,414 1,529 0 565 2,885 0 0 0 0 0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
80 80 64 61 0 25 4 16 0 0 0 0
79 79 79 78 0 37 1 0 0 0 0 0
168 168 168 130 0 36 38 0 0 0 0 0
153 153 153 79 0 19 74 0 0 0 0 0
154 154 154 78 0 18 76 0 0 0 0 0
383 383 383 145 0 20 238 0 0 0 0 0
211 211 211 92 0 23 119 0 0 0 0 0
347 347 347 80 0 17 267 0 0 0 0 0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
5 5 2 0 0 0 2 3 0 0 0 0
7 7 7 0 0 0 7 0 0 0 0 0
8 8 8 5 0 2 2 0 0 0 0 0
15 15 15 9 0 4 6 0 0 0 0 0
13 13 13 11 0 5 2 0 0 0 0 0
19 19 19 17 0 6 2 0 0 0 0 0
26 26 26 23 0 6 3 0 0 0 0 0
33 33 33 29 0 8 5 0 0 0 0 0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
1 1 1 1 0 0 0 0 0 0 0 0
12 12 12 3 0 1 9 0 0 0 0 0
12 12 12 10 0 4 3 0 0 0 0 0
13 13 13 10 0 4 3 0 0 0 0 0
15 15 15 11 0 4 4 0 0 0 0 0
21 21 21 13 0 4 8 0 0 0 0 0
22 22 22 13 0 4 9 0 0 0 0 0
28 28 28 14 0 4 14 0 0 0 0 0
375 100
111 128
76 154
11 138
234 165
454 430
149 116
312 303
224 13 0
0 0 0
0 0 0
0 106 0
1 0 0
0 0 0
0 0 0
0 4 0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
63 40
74 41
86 42
113 42
123 41
131 40
149 39
176 37
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
Notes: Cambodia was granted debt relief effective in 2006 under MDRI.
99
CAMEROON (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
10,950 9,908 9,620 288 51 991 349
10,323 8,864 8,547 317 235 1,224 205
7,273 6,667 6,075 592 272 334 280
3,243 2,733 2,243 489 8 502 434
3,004 2,749 2,113 636 17 238 39
2,756 2,690 2,055 636 24 41 41
2,946 2,748 2,132 615 175 23 23
2,964 2,762 2,185 577 172 31 31
474 9,543 365 197
322 8,500 364 100
51 6,075 592 47
91 2,243 489 41
1 2,113 636 453
19 2,055 636 149
68 2,132 615 628
134 2,185 577 492
External debt flows Disbursements Long-term external debt IMF purchases
174 161 13
354 286 69
231 227 4
162 158 4
270 262 8
287 279 8
491 344 147
278 278 0
Principal repayments Long-term external debt IMF repurchases
217 211 6
270 253 17
576 537 39
376 355 21
369 369 0
358 358 0
336 336 0
155 155 0
Net flows Long-term external debt Short-term external debt
117 -50 160
-21 33 -105
-683 -310 -339
-200 -197 14
32 -107 131
-270 -79 -199
155 8 0
122 122 0
Interest payments Long-term external debt IMF charges Short-term external debt
214 173 2 38
288 215 2 72
245 231 1 12
140 135 0 4
143 135 0 8
119 115 0 5
59 58 0 0
53 53 0 0
7 0
159 0
234 -4
16 -6
191 -14
-24 -1
668 0
-1 0
1. Summary external debt data External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 0.3 1.2 1.1 9.6
.. 0.5 2.0 0.7 24.4
65.9 1.3 1.7 0.6 20.8
76.9 0.0 0.0 0.4 10.5
72.7 0.0 0.0 0.3 12.6
65.7 0.0 0.0 0.3 14.2
63.5 0.0 0.0 0.3 14.2
54.8 0.3 0.0 0.3 18.7
2.6 23.3 7.7
0.9 38.6 9.5
0.4 30.7 9.2
1.4 24.3 5.6
0.9 37.1 8.6
0.7 36.7 9.3
1.3 29.0 7.7
0.9 31.8 8.9
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
5.2 11.9 2.4
0.0 0.0 0.0
8,205 2,053 11 2,032 21 90 15
9,464 2,602 30 2,960 41 -249 220
16,126 4,280 77 5,010 289 -493 965
17,706 4,911 130 5,031 10 193 1,735
20,608 6,393 167 6,552 385 286 2,932
23,407 7,439 167 8,487 165 -450 3,113
22,059 5,550 192 6,947 436 -1,119 3,676
22,030 5,738 195 6,740 166 -856 3,643
533.4 133.4 21.0 9.0 15.4 0.1 0.1
396.7 109.1 21.5 11.9 13.7 2.1 0.9
169.9 45.1 19.2 4.6 21.8 13.3 2.3
66.0 18.3 10.5 15.5 15.7 53.5 4.1
47.0 14.6 8.0 7.9 18.7 97.6 5.4
37.0 11.8 6.4 1.5 22.4 113.0 4.4
53.1 13.4 7.1 0.8 23.2 124.8 6.3
51.7 13.5 3.6 1.0 26.6 122.9 6.5
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
100
CAMEROON (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
9,908 9,620 8,737 1,684 639 443 7,052 883 0 298 288 0
8,864 8,547 8,230 1,419 218 769 6,811 317 0 172 317 0
6,667 6,075 5,992 1,585 84 1,032 4,407 83 0 40 592 0
2,733 2,243 2,180 510 46 170 1,669 64 0 45 489 0
2,749 2,113 2,112 562 40 198 1,550 2 0 2 636 0
2,690 2,055 2,053 618 35 225 1,435 2 0 2 636 0
2,748 2,132 2,122 682 30 273 1,440 10 0 10 615 0
2,762 2,185 2,169 788 24 350 1,381 15 0 15 577 0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
161 161 161 81 6 35 80 0 0 0 0 0
286 247 247 115 0 55 133 0 0 0 39 0
227 130 130 68 0 31 62 0 0 0 98 0
158 119 118 84 0 29 34 1 0 1 39 0
262 180 180 83 0 20 97 0 0 0 82 0
279 192 192 106 0 29 86 0 0 0 87 0
344 135 127 93 0 48 33 8 0 8 209 0
278 278 271 141 0 82 131 6 0 6 0 0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
211 183 146 130 91 4 16 36 0 25 28 0
253 166 162 97 53 7 66 4 0 4 86 0
537 396 396 92 32 12 303 0 0 0 141 0
355 194 194 86 39 6 108 0 0 0 161 0
369 186 167 40 5 0 127 19 0 16 183 0
358 166 166 41 5 1 125 0 0 0 192 0
336 107 107 39 5 2 68 0 0 0 229 0
155 117 117 21 5 2 96 0 0 0 38 0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
173 163 152 80 56 3 72 10 0 5 11 0
215 198 198 48 22 5 149 1 0 1 17 0
231 181 180 27 5 8 153 1 0 0 51 0
135 79 79 20 4 5 59 0 0 0 57 0
135 93 70 16 2 2 54 23 0 23 42 0
115 70 70 14 2 2 56 0 0 0 44 0
58 27 27 11 2 2 16 0 0 0 31 0
53 38 37 8 1 2 29 0 0 0 15 0
1,687 117
-239 -21
-3,025 -683
-4,030 -200
-239 32
-248 -270
190 155
19 122
1,070 0 0
206 7 0
68 166 0
20 4,292 0
4 144 0
0 16 0
0 3 0
0 9 0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
157 51
132 51
132 50
139 49
154 46
142 43
137 41
138 39
54 8
55 8
55 7
55 6
55 5
55 4
55 3
55 3
Notes: Cameroon was granted debt relief effective in 2006 under MDRI.
101
CAPE VERDE (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
214.1 184.9 184.9 0.0 0.0 29.2 4.6
318.9 315.0 315.0 0.0 0.0 3.9 3.9
476.6 463.3 463.3 0.0 12.3 0.9 0.9
523.2 509.5 509.5 0.0 13.0 0.7 0.7
579.6 564.9 564.9 0.0 13.5 1.3 1.3
625.2 611.4 611.4 0.0 12.4 1.4 1.4
706.8 694.3 694.3 0.0 11.0 1.5 1.5
857.3 847.3 847.3 0.0 8.6 1.5 1.5
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
19.6 184.9 0.0 11.5
32.2 315.0 0.0 33.9
3.2 463.3 0.0 88.8
2.4 509.5 0.0 27.4
2.4 564.9 0.0 209.9
2.4 611.4 0.0 361.0
2.4 694.3 0.0 267.4
2.4 847.3 0.0 386.7
External debt flows Disbursements Long-term external debt IMF purchases
21.7 21.7 0.0
29.0 29.0 0.0
77.9 74.3 3.7
48.9 48.9 0.0
51.1 51.1 0.0
74.8 74.8 0.0
97.3 97.3 0.0
192.1 192.1 0.0
Principal repayments Long-term external debt IMF repurchases
5.6 5.6 0.0
11.3 11.3 0.0
28.8 28.8 0.0
25.2 25.2 0.0
23.0 22.8 0.2
24.7 23.9 0.8
26.9 25.4 1.5
27.9 25.6 2.3
Net flows Long-term external debt Short-term external debt
34.7 16.1 18.7
2.0 17.7 -15.7
49.1 45.4 0.0
23.7 23.7 0.0
28.1 28.3 0.0
50.1 50.9 0.0
70.4 71.9 0.0
164.3 166.5 0.0
Interest payments Long-term external debt IMF charges Short-term external debt
4.1 3.4 0.0 0.8
4.8 4.8 0.0 0.0
6.8 6.8 0.1 0.0
6.3 6.3 0.1 0.0
6.5 6.4 0.1 0.0
6.6 6.6 0.1 0.0
7.0 6.9 0.1 0.0
7.9 7.9 0.0 0.0
26.0 0.0
33.4 0.0
80.4 0.0
131.8 0.3
191.9 2.2
211.3 0.0
119.8 1.8
111.4 0.0
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 0.0 0.0 0.0 35.4
.. 0.0 0.0 0.0 56.2
13.4 0.0 0.0 0.0 54.3
15.0 0.0 0.0 0.0 53.4
16.1 0.0 0.0 0.0 49.7
18.1 0.0 0.0 0.0 48.5
19.0 0.2 0.0 0.0 43.4
25.7 1.0 0.0 0.0 38.3
0.8 39.8 10.3
2.0 31.3 10.4
3.5 32.5 8.4
2.9 38.1 9.0
1.3 25.7 8.2
1.9 27.2 6.8
1.6 25.8 7.0
0.9 27.4 8.8
0.0 0.0 0.0
5.7 10.6 2.2
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
1.7 33.0 12.8
1.7 32.1 12.7
485.3 87.5 105.9 300.7 0.5 -61.6 36.9
520.0 150.9 86.9 343.6 5.1 -58.0 28.3
965.7 377.5 136.6 699.0 10.9 -40.7 174.0
1062.9 497.0 136.6 868.8 24.1 -82.7 254.5
1299.8 599.4 138.9 1099.0 28.2 -198.3 364.5
1503.5 744.6 155.1 1265.2 38.2 -205.5 361.5
1543.6 603.0 138.1 1155.4 26.3 -239.3 397.9
1578.9 668.8 138.6 1112.6 .. .. 382.2
244.8 44.1 11.2 13.6 67.4 17.2 1.5
211.3 61.3 10.7 1.2 72.6 8.9 1.0
126.3 49.4 9.5 0.2 78.9 36.5 3.0
105.3 49.2 6.3 0.1 78.9 48.6 3.5
96.7 44.6 4.9 0.2 78.6 62.9 4.0
84.0 41.6 4.2 0.2 77.3 57.8 3.4
117.2 45.8 5.6 0.2 75.5 56.3 4.1
128.2 54.3 5.3 0.2 69.7 44.6 4.1
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
102
CAPE VERDE (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
184.9 184.9 178.5 144.3 0.0 33.0 34.2 6.4 0.0 0.0 0.0 0.0
315.0 315.0 307.5 231.6 0.0 97.9 75.9 7.5 0.0 0.0 0.0 0.0
463.3 463.3 441.7 376.0 0.0 205.1 65.6 21.6 0.0 1.8 0.0 0.0
509.5 509.5 492.2 413.0 0.0 235.9 79.3 17.3 0.0 1.5 0.0 0.0
564.9 564.9 550.0 455.7 0.0 267.4 94.3 14.8 0.0 1.0 0.0 0.0
611.4 611.4 601.5 483.6 0.0 283.8 117.9 9.9 0.0 0.3 0.0 0.0
694.3 694.3 687.8 533.4 0.0 286.4 154.4 6.5 0.0 0.2 0.0 0.0
847.3 847.3 794.8 597.3 0.0 303.1 197.4 52.5 0.0 0.0 0.0 0.0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
21.7 21.7 17.5 15.2 0.0 6.0 2.2 4.2 0.0 0.0 0.0 0.0
29.0 29.0 29.0 23.7 0.0 10.4 5.3 0.0 0.0 0.0 0.0 0.0
74.3 74.3 64.9 48.8 0.0 27.2 16.1 9.4 0.0 0.9 0.0 0.0
48.9 48.9 48.8 30.0 0.0 22.1 18.7 0.1 0.0 0.1 0.0 0.0
51.1 51.1 51.1 34.5 0.0 22.7 16.6 0.0 0.0 0.0 0.0 0.0
74.8 74.8 74.8 36.6 0.0 20.8 38.2 0.0 0.0 0.0 0.0 0.0
97.3 97.3 97.3 58.6 0.0 3.8 38.7 0.0 0.0 0.0 0.0 0.0
192.1 192.1 142.5 85.2 0.0 25.4 57.2 49.7 0.0 0.0 0.0 0.0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
5.6 5.6 5.6 4.8 0.0 0.1 0.8 0.0 0.0 0.0 0.0 0.0
11.3 11.3 9.5 6.3 0.0 0.3 3.2 1.8 0.0 0.0 0.0 0.0
28.8 28.8 23.4 12.5 0.0 1.4 11.0 5.4 0.0 1.4 0.0 0.0
25.2 25.2 18.7 8.8 0.0 1.5 9.9 6.5 0.0 0.6 0.0 0.0
22.8 22.8 18.6 9.6 0.0 1.8 9.0 4.2 0.0 0.6 0.0 0.0
23.9 23.9 19.6 10.6 0.0 2.6 9.0 4.3 0.0 0.7 0.0 0.0
25.4 25.4 21.7 13.3 0.0 3.3 8.5 3.6 0.0 0.1 0.0 0.0
25.6 25.6 22.1 14.7 0.0 3.7 7.4 3.5 0.0 0.1 0.0 0.0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
3.4 3.4 3.4 3.3 0.0 0.2 0.1 0.0 0.0 0.0 0.0 0.0
4.8 4.8 3.9 2.8 0.0 0.7 1.1 0.9 0.0 0.0 0.0 0.0
6.8 6.8 5.8 4.2 0.0 1.6 1.6 1.0 0.0 0.5 0.0 0.0
6.3 6.3 5.8 4.2 0.0 1.7 1.6 0.5 0.0 0.1 0.0 0.0
6.4 6.4 6.1 4.4 0.0 1.8 1.8 0.3 0.0 0.1 0.0 0.0
6.6 6.6 6.3 4.7 0.0 2.1 1.6 0.3 0.0 0.0 0.0 0.0
6.9 6.9 6.8 4.9 0.0 2.0 1.9 0.2 0.0 0.0 0.0 0.0
7.9 7.9 7.8 5.5 0.0 2.1 2.4 0.1 0.0 0.0 0.0 0.0
38.2 34.7
-8.8 2.0
13.4 49.1
46.7 23.7
56.4 28.1
45.6 50.1
81.6 70.4
150.5 164.3
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
25.3 12.0
23.7 13.6
40.0 14.2
43.3 14.4
46.6 14.0
46.4 13.5
47.6 12.9
50.7 12.2
2.0 2.7
0.5 5.4
0.0 6.4
0.0 6.8
0.0 6.9
0.0 6.9
0.0 6.9
0.0 6.9
103
CENTRAL AFRICAN REPUBLIC (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
946.0 853.9 853.9 0.0 34.9 57.1 35.7
860.0 797.3 797.3 0.0 21.5 41.2 26.1
1019.6 877.2 877.2 0.0 35.9 106.6 97.6
1009.6 867.8 867.8 0.0 42.1 99.6 90.6
959.8 840.6 840.6 0.0 49.4 69.8 69.8
954.0 808.0 808.0 0.0 63.0 83.0 71.0
394.1 236.7 236.7 0.0 78.4 79.0 75.0
384.8 217.8 217.8 0.0 90.4 76.6 74.6
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
74.2 853.7 0.3 16.6
97.7 796.3 1.0 28.0
227.1 875.8 1.3 0.0
218.7 866.4 1.5 0.0
163.4 838.9 1.6 3.3
152.1 808.0 0.0 23.5
148.9 236.7 0.0 0.0
129.7 217.8 0.0 33.6
External debt flows Disbursements Long-term external debt IMF purchases
32.6 32.6 0.0
16.1 16.1 0.0
0.0 0.0 0.0
10.2 0.0 10.2
34.9 3.2 31.7
24.9 1.9 23.0
44.4 4.8 39.6
19.3 6.0 13.2
Principal repayments Long-term external debt IMF repurchases
10.0 2.6 7.4
8.3 7.5 0.8
5.6 0.7 4.9
53.0 47.0 6.0
69.1 42.4 26.7
19.1 11.3 7.7
27.7 8.4 19.4
1.0 1.0 0.0
Net flows Long-term external debt Short-term external debt
25.1 30.0 2.4
-13.8 8.6 -21.6
-5.6 -0.7 0.0
-42.8 -47.0 0.0
-43.2 -39.2 -9.0
17.9 -9.4 12.0
8.7 -3.6 -8.0
16.2 5.0 -2.0
Interest payments Long-term external debt IMF charges Short-term external debt
5.7 3.5 1.0 1.2
5.9 4.3 0.1 1.4
0.9 0.2 0.4 0.3
17.8 16.5 0.9 0.3
20.3 19.6 0.4 0.2
6.6 6.1 0.3 0.2
3.4 3.0 0.3 0.1
1.3 1.2 0.0 0.0
6.2 ..
0.8 ..
32.4 ..
34.6 ..
56.7 ..
117.1 ..
42.3 ..
72.0 ..
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 0.7 0.0 2.8 56.2
.. 0.7 0.1 2.2 61.2
5.9 0.6 0.1 2.5 59.6
6.3 0.6 0.1 2.7 57.6
3.8 0.3 0.1 2.2 62.5
3.4 0.4 0.1 2.3 64.0
4.0 0.0 0.0 5.0 61.2
3.9 0.0 0.0 5.9 68.3
0.8 39.7 10.2
0.8 39.8 10.3
0.0 0.0 0.0
0.0 0.0 0.0
1.0 32.6 3.1
1.8 20.4 5.9
0.0 0.0 0.0
0.5 26.6 5.8
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
1100.9 .. .. .. .. .. 237.9
946.8 .. .. .. .. .. 136.3
1348.0 .. .. .. .. .. 144.9
1472.9 .. .. .. .. .. 132.4
1685.7 .. .. .. .. .. 91.9
1960.7 .. .. .. .. .. 131.5
1974.4 .. .. .. .. .. 210.6
2008.8 .. .. .. .. .. 181.2
.. 85.9 .. 6.0 67.3 25.2 ..
.. 90.8 .. 4.8 67.8 15.9 ..
.. 75.6 .. 10.5 61.6 14.2 ..
.. 68.5 .. 9.9 60.6 13.1 ..
.. 56.9 .. 7.3 62.8 9.6 ..
.. 48.7 .. 8.7 59.9 13.8 ..
.. 20.0 .. 20.0 12.6 53.4 ..
.. 19.2 .. 19.9 7.6 47.1 ..
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
104
CENTRAL AFRICAN REPUBLIC (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
853.9 853.9 835.6 636.2 0.0 414.0 199.4 18.4 0.0 0.0 0.0 0.0
797.3 797.3 764.8 583.3 0.0 391.3 181.5 32.6 0.0 0.0 0.0 0.0
877.2 877.2 843.1 628.3 0.0 422.7 214.8 34.1 0.0 0.0 0.0 0.0
867.8 867.8 833.5 612.1 0.0 395.1 221.4 34.4 0.0 0.0 0.0 0.0
840.6 840.6 805.9 602.5 0.0 402.8 203.4 34.7 0.0 0.0 0.0 0.0
808.0 808.0 773.5 571.3 0.0 389.9 202.2 34.5 0.0 0.0 0.0 0.0
236.7 236.7 202.3 49.8 0.0 9.0 152.6 34.4 0.0 0.0 0.0 0.0
217.8 217.8 183.6 29.4 0.0 13.9 154.2 34.2 0.0 0.0 0.0 0.0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
32.6 32.6 32.6 32.6 0.0 29.8 0.0 0.0 0.0 0.0 0.0 0.0
16.1 16.1 16.1 16.1 0.0 12.9 0.0 0.0 0.0 0.0 0.0 0.0
0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
3.2 3.2 3.2 3.2 0.0 3.2 0.0 0.0 0.0 0.0 0.0 0.0
1.9 1.9 1.9 1.9 0.0 1.9 0.0 0.0 0.0 0.0 0.0 0.0
4.8 4.8 4.8 3.8 0.0 3.8 1.0 0.0 0.0 0.0 0.0 0.0
6.0 6.0 6.0 5.1 0.0 5.0 1.0 0.0 0.0 0.0 0.0 0.0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
2.6 2.6 2.6 2.6 0.0 1.3 0.0 0.0 0.0 0.0 0.0 0.0
7.5 7.5 7.4 6.9 0.0 5.7 0.5 0.0 0.0 0.0 0.0 0.0
0.7 0.7 0.7 0.7 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
47.0 47.0 47.0 47.0 0.0 46.7 0.0 0.0 0.0 0.0 0.0 0.0
42.4 42.4 42.4 42.4 0.0 9.6 0.0 0.0 0.0 0.0 0.0 0.0
11.3 11.3 11.3 9.5 0.0 3.1 1.8 0.0 0.0 0.0 0.0 0.0
8.4 8.4 8.4 6.0 0.0 1.7 2.4 0.0 0.0 0.0 0.0 0.0
1.0 1.0 1.0 0.0 0.0 0.0 1.0 0.0 0.0 0.0 0.0 0.0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
3.5 3.5 3.5 3.5 0.0 2.9 0.0 0.0 0.0 0.0 0.0 0.0
4.3 4.3 4.3 3.4 0.0 3.2 0.9 0.0 0.0 0.0 0.0 0.0
0.2 0.2 0.2 0.2 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
16.5 16.5 16.5 16.5 0.0 16.5 0.0 0.0 0.0 0.0 0.0 0.0
19.6 19.6 19.6 19.6 0.0 3.3 0.0 0.0 0.0 0.0 0.0 0.0
6.1 6.1 6.1 4.4 0.0 3.1 1.7 0.0 0.0 0.0 0.0 0.0
3.0 3.0 3.0 2.4 0.0 1.6 0.7 0.0 0.0 0.0 0.0 0.0
1.2 1.2 1.2 0.1 0.0 0.1 1.1 0.0 0.0 0.0 0.0 0.0
57.9 25.1
-51.4 -13.8
-59.2 -5.6
-10.1 -42.8
-49.8 -43.2
-5.8 17.9
-559.9 8.7
-9.3 16.2
7.6 1.3 0.0
2.9 0.7 0.0
0.0 0.0 0.0
0.0 0.0 0.0
20.8 8.2 0.0
3.2 14.1 0.0
0.0 519.5 0.0
0.0 22.1 0.0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
2.8 1.6
2.9 1.6
2.9 1.7
4.0 1.7
6.2 1.7
6.5 1.6
6.6 1.5
6.5 1.4
0.0 0.0
0.0 0.0
0.0 0.0
0.0 0.0
0.0 0.0
0.0 0.0
0.0 0.0
0.0 0.0
Notes: Data on long-term public debt for 2010 are World Bank staff estimates.
105
CHAD (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
842 776 776 0 49 17 9
1,088 986 986 0 78 25 10
1,584 1,494 1,494 0 79 11 6
1,706 1,627 1,627 0 68 12 8
1,797 1,712 1,712 0 56 29 6
1,750 1,705 1,705 0 41 4 4
1,746 1,714 1,714 0 29 4 4
1,733 1,708 1,708 0 17 8 7
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
36 776 0 116
52 986 0 178
26 1,494 0 139
24 1,627 0 7
22 1,712 0 141
30 1,705 0 15
30 1,714 0 15
39 1,708 0 21
External debt flows Disbursements Long-term external debt IMF purchases
73 61 13
59 46 14
116 110 6
102 102 0
50 50 0
97 97 0
38 38 0
57 57 0
Principal repayments Long-term external debt IMF repurchases
10 3 7
14 13 1
37 24 13
40 24 16
49 34 15
119 105 14
55 43 13
57 46 11
Net flows Long-term external debt Short-term external debt
63 57 0
44 33 -2
75 85 -3
61 78 -1
21 17 19
-44 -7 -23
-17 -5 0
2 12 1
Interest payments Long-term external debt IMF charges Short-term external debt
5 4 1 1
10 9 0 1
17 16 0 0
17 16 0 0
19 19 0 1
19 18 0 0
23 23 0 0
17 17 0 0
33 0
115 ..
-99 ..
-279 ..
-69 ..
234 ..
462 ..
781 ..
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 0.0 0.0 0.0 54.9
.. 0.0 0.0 0.0 58.7
3.3 0.0 0.0 0.0 66.1
3.8 0.0 0.0 0.0 65.1
3.6 0.0 0.0 0.0 64.4
3.3 0.0 0.0 0.0 60.2
3.3 0.0 0.0 0.0 59.8
3.2 0.0 0.0 0.0 58.3
1.0 38.0 8.7
0.7 40.5 10.1
1.6 23.7 6.5
0.0 28.6 9.1
1.3 19.9 6.9
0.6 22.7 6.0
5.7 13.9 4.3
5.1 10.5 2.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
1,441 .. .. .. .. .. 147
1,368 .. .. .. .. .. 114
4,277 .. .. .. .. .. 231
4,888 .. .. .. .. .. 632
5,817 .. .. .. .. .. 964
6,687 .. .. .. .. .. 1,355
6,124 .. .. .. .. .. 617
6,734 .. .. .. .. .. 632
.. 58.4 .. 2.0 76.6 17.4 ..
.. 79.6 .. 2.3 76.7 10.5 ..
.. 37.0 .. 0.7 84.6 14.6 ..
.. 34.9 .. 0.7 85.0 37.0 ..
.. 30.9 .. 1.6 85.0 53.7 ..
.. 26.2 .. 0.2 84.0 77.4 ..
.. 28.5 .. 0.2 84.9 35.3 ..
.. 25.7 .. 0.5 85.5 36.5 ..
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
106
CHAD (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
776 776 774 645 0 379 129 2 0 0 0 0
986 986 971 834 0 515 137 15 0 0 0 0
1,494 1,494 1,462 1,340 35 864 122 32 0 0 0 0
1,627 1,627 1,594 1,450 30 925 144 33 0 0 0 0
1,712 1,712 1,679 1,527 26 968 152 33 0 0 0 0
1,705 1,705 1,672 1,469 0 905 203 33 0 0 0 0
1,714 1,714 1,682 1,482 0 896 200 32 0 0 0 0
1,708 1,708 1,679 1,483 0 865 196 30 0 0 0 0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
61 61 61 61 0 42 0 0 0 0 0 0
46 46 46 36 0 18 10 0 0 0 0 0
110 110 110 108 1 64 2 0 0 0 0 0
102 102 102 71 0 31 31 0 0 0 0 0
50 50 50 39 0 16 12 0 0 0 0 0
97 97 97 38 0 5 59 0 0 0 0 0
38 38 38 34 0 3 4 0 0 0 0 0
57 57 57 56 0 3 2 0 0 0 0 0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
3 3 3 3 0 1 1 0 0 0 0 0
13 13 13 10 0 4 3 1 0 0 0 0
24 24 23 17 2 4 5 1 0 0 0 0
24 24 24 18 5 5 6 1 0 0 0 0
34 34 33 28 5 7 5 1 0 0 0 0
105 105 105 100 26 62 5 0 0 0 0 0
43 43 42 36 0 17 5 1 0 0 0 0
46 46 44 38 0 19 6 2 0 0 0 0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
4 4 4 3 0 3 0 0 0 0 0 0
9 9 9 6 0 3 3 0 0 0 0 0
16 16 16 14 1 6 2 0 0 0 0 0
16 16 16 13 2 6 3 0 0 0 0 0
19 19 18 15 2 7 3 0 0 0 0 0
18 18 18 15 1 8 3 0 0 0 0 0
23 23 23 19 0 7 4 0 0 0 0 0
17 17 17 12 0 6 5 0 0 0 0 0
58 63
-8 44
-56 75
122 61
90 21
-47 -44
-4 -17
-13 2
45 62 0
0 0 0
12 18 0
0 22 0
0 5 0
0 4 0
0 5 0
0 0 0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
65 19
71 19
73 19
82 18
88 17
85 15
86 14
82 13
2 0
2 0
2 0
2 0
2 0
1 0
0 0
0 0
107
CHILE (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
22,038 18,607 7,179 11,429 0 3,431 0
37,239 31,067 5,205 25,861 0 6,172 0
45,434 38,345 9,161 29,184 0 7,089 0
50,195 38,725 9,380 29,344 0 11,470 0
56,191 42,626 9,317 33,308 0 13,565 0
65,419 47,570 8,777 38,793 0 17,849 0
73,145 51,507 9,262 42,245 0 21,638 0
86,349 60,470 12,929 47,541 0 25,879 0
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
0 7,179 11,429 314
0 5,125 25,941 264
0 9,158 29,188 995
0 9,368 29,357 1,423
0 9,306 33,319 894
0 8,769 38,801 1,063
0 9,256 42,251 1,979
0 12,925 47,545 3,862
External debt flows Disbursements Long-term external debt IMF purchases
3,821 3,821 0
4,943 4,943 0
9,156 9,156 0
12,620 12,620 0
13,795 13,795 0
18,995 18,995 0
19,343 19,343 0
19,677 19,677 0
Principal repayments Long-term external debt IMF repurchases
3,671 3,369 303
3,938 3,938 0
6,073 6,073 0
12,551 12,551 0
9,749 9,749 0
14,278 14,278 0
15,574 15,574 0
11,005 11,005 0
Net flows Long-term external debt Short-term external debt
-284 452 -434
2,860 1,005 1,855
2,720 3,083 -363
4,450 69 4,381
6,140 4,045 2,095
9,001 4,717 4,284
7,558 3,769 3,789
12,914 8,672 4,241
Interest payments Long-term external debt IMF charges Short-term external debt
1,293 1,114 13 165
2,235 2,081 0 154
1,510 1,289 0 221
1,992 1,655 0 338
2,149 1,597 0 553
1,937 1,547 0 389
1,843 1,389 0 454
2,388 1,733 0 655
2,957 -249
4,860 -427
6,984 1,571
7,298 -124
12,534 388
15,150 1,948
12,874 328
15,095 1,748
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 9.5 2.9 0.9 42.0
.. 5.0 0.2 0.1 84.1
1.0 0.4 0.0 0.0 98.0
1.1 2.5 0.0 0.0 95.8
1.2 2.2 0.0 0.0 96.0
1.1 0.0 0.0 0.0 98.2
1.0 0.0 0.0 0.0 98.5
0.7 0.0 0.0 0.0 98.9
6.1 19.5 5.8
1.0 17.0 1.5
4.2 13.1 4.7
5.2 13.1 6.0
5.1 15.7 5.5
2.9 9.8 5.7
2.9 12.1 5.6
1.7 19.6 4.3
6.8 10.9 3.0
6.9 5.5 3.0
5.1 19.2 18.2
5.8 15.7 13.0
5.6 6.4 5.0
4.7 5.6 2.2
4.5 6.5 5.9
3.6 8.9 8.9
68,637 20,226 .. 21,883 2,178 -1,350 14,860
72,333 24,891 13 26,346 2,539 -898 15,055
107,763 50,853 13 51,187 11,416 1,449 16,933
128,372 69,885 3 66,137 19,913 7,154 19,397
145,641 83,259 3 78,930 22,832 7,458 16,843
157,560 83,010 3 89,247 17,430 -3,307 23,079
149,316 67,984 4 66,977 14,801 2,570 25,292
188,032 87,820 3 88,409 18,956 3,802 27,827
109.0 32.1 24.5 15.6 13.0 67.4 8.1
149.6 51.5 24.8 16.6 3.8 40.4 6.9
89.3 42.2 14.9 15.6 1.8 37.3 4.0
71.8 39.1 20.8 22.9 1.8 38.6 3.5
67.5 38.6 14.3 24.1 1.6 30.0 2.6
78.8 41.5 19.5 27.3 1.2 35.3 3.1
107.6 49.0 25.6 29.6 1.2 34.6 4.5
98.3 45.9 15.2 30.0 0.9 32.2 3.8
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
108
CHILE (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
18,607 7,179 3,583 2,871 1,372 11 712 3,596 0 3,509 11,429 866
31,067 5,205 1,887 1,406 808 7 481 3,318 0 3,250 25,861 6,339
38,345 9,161 1,089 827 289 4 262 8,072 5,406 2,666 29,184 4,761
38,725 9,380 1,151 897 346 3 254 8,229 5,938 2,291 29,344 4,779
42,626 9,317 1,136 907 354 2 229 8,182 5,401 2,781 33,308 3,631
47,570 8,777 1,004 793 200 2 211 7,773 4,513 3,260 38,793 4,296
51,507 9,262 1,041 848 215 1 193 8,221 5,413 2,808 42,245 5,126
60,470 12,929 1,025 801 189 0 224 11,904 8,413 3,241 47,541 7,061
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
3,821 342 194 146 83 0 48 148 0 141 3,479 500
4,943 346 147 113 48 0 34 199 0 199 4,597 672
9,156 1,197 176 162 55 0 14 1,022 500 522 7,959 700
12,620 1,186 112 92 62 0 20 1,074 650 424 11,434 813
13,795 689 64 47 14 0 16 626 0 626 13,105 843
18,995 1,030 132 126 53 0 6 899 0 899 17,965 1,680
19,343 2,385 109 109 29 0 0 2,276 900 1,376 16,958 2,184
19,677 4,010 111 51 32 0 60 3,900 3,000 650 15,667 2,695
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
3,369 2,277 2,003 1,884 704 1 119 273 0 240 1,092 11
3,938 757 277 177 115 1 100 480 0 479 3,181 0
6,073 1,362 371 345 206 1 26 990 422 544 4,711 195
12,551 973 61 23 5 1 38 912 118 794 11,578 765
9,749 740 58 40 6 1 18 682 537 145 9,010 1,105
14,278 1,590 261 243 207 1 17 1,329 888 441 12,689 1,002
15,574 1,903 75 54 14 1 21 1,828 0 1,828 13,671 1,327
11,005 336 119 96 58 1 23 217 0 217 10,669 828
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
1,114 653 387 348 137 0 39 266 0 258 461 26
2,081 377 138 112 70 0 26 239 0 234 1,704 440
1,289 460 49 43 16 0 6 411 299 112 829 347
1,655 495 49 43 17 0 6 446 313 133 1,160 359
1,597 529 55 50 20 0 5 474 336 138 1,068 345
1,547 529 46 42 13 0 5 482 249 234 1,018 326
1,389 422 40 31 6 0 9 383 281 101 966 404
1,733 418 27 23 2 0 4 392 337 55 1,314 440
-117 -284
2,444 2,860
1,675 2,720
4,760 4,450
5,996 6,140
9,228 9,001
7,727 7,558
13,204 12,914
0 145 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
130 25
83 24
106 24
160 23
166 22
165 20
158 18
107 15
11,276 1,879
10,528 1,775
6,121 1,324
4,300 1,264
4,688 1,123
1,616 973
1,365 1,098
770 742
Notes: Short-term debt is based on reports provided by the country.
109
CHINA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
118,090 95,764 94,674 1,090 0 22,325 0
145,339 132,259 94,470 37,789 0 13,080 0
282,955 134,688 84,196 50,492 0 148,267 0
322,761 149,384 85,718 63,666 0 173,377 0
373,083 169,385 87,101 82,284 0 203,698 0
379,800 192,612 90,838 101,774 0 187,188 0
432,197 191,688 94,038 97,650 0 240,509 0
548,551 201,027 90,180 110,847 0 347,524 0
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
0 93,573 2,192 22,812
0 94,470 37,789 10,702
0 83,937 50,751 10,233
0 85,474 63,910 6,275
0 86,929 82,456 6,927
0 90,680 101,932 6,010
0 93,896 97,793 7,238
0 90,051 110,976 11,758
External debt flows Disbursements Long-term external debt IMF purchases
21,985 21,985 0
19,006 19,006 0
29,228 29,228 0
26,524 26,524 0
36,907 36,907 0
38,188 38,188 0
23,648 23,648 0
42,423 42,423 0
Principal repayments Long-term external debt IMF repurchases
9,070 9,070 0
19,362 19,362 0
20,936 20,936 0
18,120 18,120 0
20,405 20,405 0
23,959 23,959 0
33,448 33,448 0
28,539 28,539 0
Net flows Long-term external debt Short-term external debt
17,758 12,915 4,842
-2,457 -357 -2,100
40,789 8,292 32,497
33,514 8,404 25,110
46,823 16,502 30,321
-2,280 14,230 -16,510
43,521 -9,800 53,321
120,899 13,884 107,015
Interest payments Long-term external debt IMF charges Short-term external debt
5,996 4,657 0 1,340
7,231 6,064 0 1,168
6,519 3,218 0 3,302
9,361 3,820 0 5,541
11,406 5,464 0 5,942
9,298 4,812 0 4,486
6,330 3,122 0 3,208
34,071 6,269 0 27,802
35,849 0
38,399 6,912
117,208 20,346
124,082 42,861
160,052 18,510
175,148 8,721
114,215 28,161
185,081 31,357
1. Summary external debt data External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 20.7 0.2 0.0 58.1
.. 17.0 0.1 0.1 71.3
8.3 13.6 0.1 0.1 74.1
8.9 12.4 0.1 0.1 75.3
8.4 8.5 0.1 0.0 80.2
6.8 9.0 0.0 0.0 81.7
6.4 7.8 0.0 0.0 83.7
6.9 7.3 0.0 0.0 84.0
6.8 18.3 3.7
7.2 21.1 4.9
4.3 22.5 5.5
5.4 22.7 5.7
5.4 21.8 5.4
3.5 23.0 5.8
1.7 25.9 5.8
1.9 24.1 6.2
6.3 7.3 2.4
5.9 17.0 3.0
4.6 10.4 5.4
5.0 14.4 0.9
4.1 9.6 2.1
4.6 13.6 1.1
5.0 14.4 0.9
10.5 30.1 5.1
716,233 152,431 878 152,248 9,953 1,618 80,288
1,183,815 292,111 5,237 277,904 20,198 20,518 171,763
2,267,538 875,847 24,102 767,150 47,776 134,082 831,410
2,728,108 1,116,323 27,954 912,776 49,758 232,746 1,080,756
3,519,744 1,425,236 38,791 1,109,907 61,547 353,996 1,546,365
4,553,265 1,683,328 48,524 1,316,763 72,609 412,364 1,966,037
5,034,545 1,441,928 48,729 1,214,556 90,805 261,120 2,452,899
5,906,327 1,897,242 51,300 1,634,801 103,476 305,374 2,913,712
77.5 16.5 9.9 18.9 13.8 68.0 6.3
49.8 12.3 9.1 9.0 17.8 118.2 7.4
32.3 12.5 3.1 52.4 9.3 293.8 13.0
28.9 11.8 2.5 53.7 8.6 334.8 14.2
26.2 10.6 2.2 54.6 7.8 414.5 16.7
22.6 8.3 2.0 49.3 8.1 517.7 17.9
30.0 8.6 2.8 55.6 7.7 567.5 24.2
28.9 9.3 3.3 63.4 6.4 531.2 21.4
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
110
CHINA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
95,764 94,674 36,982 16,302 7,209 7,038 20,680 57,693 10,684 23,869 1,090 1,090
132,259 94,470 50,374 25,811 11,118 8,771 24,563 44,096 11,371 10,619 37,789 1,068
134,688 84,196 52,421 26,413 11,140 9,741 26,008 31,775 16,039 3,247 50,492 3,574
149,384 85,718 54,334 27,738 11,415 9,997 26,596 31,384 16,342 3,763 63,666 5,279
169,385 87,101 58,323 29,258 11,762 10,151 29,066 28,778 16,526 3,030 82,284 6,018
192,612 90,838 63,349 30,655 12,464 9,786 32,693 27,489 15,728 2,868 101,774 5,970
191,688 94,038 68,358 33,207 12,756 9,521 35,151 25,681 11,626 2,735 97,650 7,020
201,027 90,180 67,204 35,120 12,962 9,000 32,084 22,976 10,273 2,202 110,847 17,976
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
21,985 21,441 9,073 2,838 1,457 812 6,235 12,368 1,224 4,977 544 544
19,006 11,924 5,790 3,303 1,528 379 2,487 6,133 848 131 7,082 390
29,228 9,776 2,170 2,010 1,061 70 159 7,606 4,208 2,161 19,452 1,622
26,524 6,278 3,588 2,153 1,134 34 1,434 2,690 0 17 20,246 1,945
36,907 7,130 3,403 2,425 1,194 14 978 3,727 1,456 215 29,777 740
38,188 5,449 3,893 2,870 1,604 9 1,023 1,556 0 27 32,739 0
23,648 6,481 3,310 2,657 1,290 1 653 3,171 0 46 17,167 925
42,423 10,125 4,348 2,623 1,282 0 1,725 5,777 0 673 32,298 11,821
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
9,070 9,070 1,171 420 350 14 751 7,899 1,451 2,645 0 0
19,362 10,235 4,270 1,400 578 66 2,870 5,965 443 2,016 9,127 534
20,936 6,659 1,413 1,195 787 217 217 5,246 550 1,936 14,277 370
18,120 6,520 2,684 1,333 901 243 1,351 3,836 0 149 11,600 240
20,405 5,342 2,949 1,397 908 276 1,552 2,393 0 676 15,063 0
23,959 6,750 2,809 1,520 971 309 1,289 3,940 742 264 17,209 350
33,448 6,473 2,594 1,602 992 331 993 3,878 500 200 26,976 464
28,539 8,831 3,643 1,795 1,086 349 1,848 5,188 431 372 19,708 277
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
4,657 4,623 1,288 619 460 49 669 3,335 594 1,333 33 33
6,064 4,140 2,386 1,518 713 65 867 1,754 521 222 1,924 93
3,218 2,201 1,375 680 351 79 695 826 430 71 1,017 248
3,820 2,306 1,429 935 542 74 493 877 502 80 1,514 343
5,464 3,237 1,701 1,105 653 74 596 1,537 778 182 2,227 445
4,812 2,591 1,407 1,009 553 79 398 1,184 497 33 2,220 431
3,122 2,108 1,090 733 363 69 358 1,017 557 42 1,015 445
6,269 2,626 1,844 522 143 67 1,321 783 393 32 3,643 672
17,633 17,758
-2,900 -2,457
37,412 40,789
39,806 33,514
50,322 46,823
6,717 -2,280
52,397 43,521
116,354 120,899
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
7. Long-term external debt
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
6,537 2,002
6,588 1,792
6,117 1,590
6,095 1,404
5,961 1,221
5,747 1,048
5,640 879
5,392 714
34,044 5,557
28,478 4,225
18,370 3,339
14,249 2,689
16,642 1,955
6,428 1,079
7,053 691
4,445 394
Notes: Data on long-term public and publicly guaranteed, long-term private nonguaranteed and short-term debt for 2010 are World Bank staff estimates based on aggregate information provided by the authority.
111
COLOMBIA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
25,044 19,499 13,946 5,553 0 5,545 2
33,937 31,066 20,806 10,259 0 2,871 0
37,744 31,568 22,579 8,989 0 6,176 0
38,048 33,285 24,744 8,541 0 4,763 0
43,697 38,536 27,424 11,112 0 5,161 0
46,428 40,795 28,983 11,812 0 5,633 0
52,120 48,107 35,358 12,749 0 4,013 0
63,064 54,855 36,777 18,078 0 8,209 0
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
177 13,945 5,555 1,792
8 20,805 10,261 3,782
0 22,578 8,990 4,879
0 24,743 8,542 4,916
0 27,423 11,113 4,647
0 28,506 12,289 5,106
0 34,831 13,276 7,971
0 36,274 18,581 2,917
External debt flows Disbursements Long-term external debt IMF purchases
4,179 4,179 0
3,803 3,803 0
6,521 6,521 0
8,943 8,943 0
8,860 8,860 0
7,094 7,094 0
13,146 13,146 0
12,840 12,840 0
Principal repayments Long-term external debt IMF repurchases
2,347 2,347 0
2,900 2,900 0
7,403 7,403 0
7,769 7,769 0
5,642 5,642 0
4,877 4,877 0
5,914 5,914 0
6,553 6,553 0
Net flows Long-term external debt Short-term external debt
2,894 1,832 1,062
-191 903 -1,094
174 -883 1,056
-240 1,173 -1,413
3,616 3,218 398
2,690 2,218 472
5,611 7,232 -1,620
10,483 6,287 4,196
Interest payments Long-term external debt IMF charges Short-term external debt
1,998 1,687 0 311
2,204 2,032 0 172
2,838 2,585 0 254
2,579 2,359 0 220
2,993 2,749 0 244
3,028 2,764 0 265
2,912 2,723 0 189
3,227 2,842 0 386
968 165
2,436 17
10,252 86
6,656 -30
9,049 790
10,596 -86
7,137 67
6,765 1,351
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 5.6 0.1 0.2 49.9
.. 3.6 0.8 0.0 74.4
4.2 1.6 0.8 0.0 85.2
3.5 1.3 0.8 0.0 88.1
3.5 1.1 0.8 0.0 89.8
1.4 1.1 0.0 0.0 93.7
1.1 2.2 0.0 0.0 94.3
1.0 2.3 0.0 0.0 94.9
6.4 20.4 4.8
8.8 12.1 3.1
5.1 15.9 6.0
5.5 17.7 5.3
5.7 12.3 4.8
3.4 23.1 7.1
1.6 23.9 7.0
1.7 22.1 5.8
3.8 6.1 4.0
7.6 10.2 7.5
8.0 11.4 10.2
7.5 18.3 17.9
9.2 13.4 13.2
6.8 14.5 13.7
6.6 14.0 13.6
7.5 12.0 11.2
90,928 12,971 815 18,286 359 -4,516 8,452
98,048 16,850 1,610 17,728 655 795 9,006
141,110 25,467 3,346 31,435 3,565 -1,886 14,955
156,873 30,077 3,928 37,808 4,591 -2,989 15,437
199,409 36,067 4,523 47,273 6,598 -5,977 20,951
234,312 44,416 4,884 56,851 8,706 -6,923 23,671
226,344 39,517 4,180 49,286 7,628 -5,157 24,987
276,093 46,593 4,058 60,100 9,983 -9,032 28,076
193.1 27.5 33.5 22.1 21.2 33.7 5.5
201.4 34.6 30.3 8.5 18.5 26.5 6.1
148.2 26.7 40.2 16.4 25.5 39.6 5.7
126.5 24.3 34.4 12.5 28.5 40.6 4.9
121.2 21.9 23.9 11.8 25.8 47.9 5.3
104.5 19.8 17.8 12.1 28.2 51.0 5.0
131.9 23.0 22.3 7.7 28.2 47.9 6.1
135.4 22.8 21.0 13.0 25.0 44.5 5.6
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
112
COLOMBIA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
19,499 13,946 7,063 5,316 2,548 11 1,747 6,883 1,733 4,163 5,553 717
31,066 20,806 7,722 6,274 1,920 7 1,448 13,084 8,201 4,252 10,259 762
31,568 22,579 10,568 9,615 3,896 4 954 12,011 10,927 824 8,989 370
33,285 24,744 11,657 10,841 4,563 3 816 13,087 12,162 777 8,541 540
38,536 27,424 11,993 11,277 4,756 2 717 15,431 12,354 2,246 11,112 809
40,795 28,983 13,739 13,114 5,438 2 626 15,244 12,280 2,225 11,812 809
48,107 35,358 15,211 14,695 6,570 1 515 20,148 17,159 2,214 12,749 2,709
54,855 36,777 16,218 15,786 7,504 0 432 20,559 17,686 2,094 18,078 3,329
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
4,179 1,569 685 394 238 0 290 885 535 257 2,610 592
3,803 2,939 660 508 266 0 152 2,279 1,804 469 865 0
6,521 4,400 1,467 1,467 705 0 0 2,932 2,304 616 2,121 0
8,943 5,578 2,237 2,219 942 0 18 3,341 2,696 645 3,364 170
8,860 4,494 1,585 1,581 564 0 4 2,909 1,293 1,615 4,366 469
7,094 3,862 2,567 2,546 847 0 21 1,296 1,000 296 3,232 0
13,146 8,105 2,413 2,398 1,331 0 15 5,691 5,491 200 5,041 1,900
12,840 3,499 2,124 2,123 1,279 0 1 1,375 1,335 40 9,340 620
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
2,347 2,200 1,110 647 414 1 463 1,090 119 723 147 0
2,900 2,068 557 440 242 1 116 1,511 469 838 832 110
7,403 4,712 2,223 2,072 218 1 151 2,488 1,723 680 2,692 0
7,769 3,863 1,177 1,005 259 1 171 2,687 1,879 693 3,906 0
5,642 2,915 1,364 1,248 432 1 117 1,551 1,353 152 2,727 200
4,877 2,172 883 755 158 1 128 1,289 953 316 2,705 0
5,914 1,789 939 811 216 1 128 850 623 211 4,126 0
6,553 2,306 1,112 1,029 342 1 83 1,194 983 196 4,248 0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
1,687 962 505 388 190 0 118 457 58 310 725 15
2,032 1,414 541 470 126 0 71 873 515 298 618 84
2,585 1,948 574 529 174 0 44 1,374 1,284 70 637 36
2,359 1,652 580 543 210 0 37 1,072 1,005 53 707 43
2,749 1,949 681 648 256 0 33 1,267 1,058 49 800 75
2,764 2,107 656 629 241 0 27 1,451 1,112 184 656 68
2,723 2,005 602 582 242 0 20 1,403 1,073 170 718 129
2,842 2,135 557 542 249 0 15 1,577 1,282 125 707 221
3,106 2,894
-490 -191
-167 174
303 -240
5,649 3,616
2,731 2,690
5,692 5,611
10,944 10,483
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
1,055 322
1,093 300
1,071 281
1,328 258
1,203 233
1,149 210
1,038 189
1,157 170
3,631 13,281
3,164 11,042
1,664 9,444
3,581 8,560
5,139 7,060
1,273 3,847
3,206 3,321
1,453 2,827
Notes: Short-term debt is based on the Central Bank data.
113
COMOROS (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
211.2 201.2 201.2 0.0 3.3 6.7 4.7
226.1 206.9 206.9 0.0 1.5 17.6 8.6
278.8 258.0 258.0 0.0 0.0 20.8 17.8
282.3 260.3 260.3 0.0 0.0 22.0 18.0
286.7 279.5 279.5 0.0 0.0 7.2 3.2
279.4 270.6 270.6 0.0 5.1 3.6 3.6
277.6 263.4 263.4 0.0 10.1 4.0 4.0
485.4 469.3 469.3 0.0 12.3 3.8 3.8
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
21.4 201.2 0.0 4.7
41.9 206.9 0.0 0.0
58.3 258.0 0.0 0.6
61.2 260.3 0.0 0.0
19.9 279.5 0.0 0.0
21.5 270.6 0.0 0.0
21.7 263.4 0.0 0.0
17.2 469.3 0.0 215.0
External debt flows Disbursements Long-term external debt IMF purchases
9.6 9.6 0.0
2.1 2.1 0.0
3.3 3.3 0.0
3.0 3.0 0.0
4.8 4.8 0.0
6.7 1.4 5.3
6.9 0.3 6.5
217.4 215.0 2.4
Principal repayments Long-term external debt IMF repurchases
0.4 0.4 0.0
1.8 1.2 0.6
2.6 2.6 0.0
2.4 2.4 0.0
12.8 12.8 0.0
8.1 8.1 0.0
8.9 7.2 1.7
3.1 3.1 0.0
Net flows Long-term external debt Short-term external debt
11.2 9.2 2.0
2.3 0.9 2.0
0.7 0.7 0.0
1.6 0.6 1.0
-8.0 -8.0 0.0
-5.5 -6.7 -4.0
-2.1 -6.9 0.0
214.3 211.9 0.0
Interest payments Long-term external debt IMF charges Short-term external debt
0.6 0.5 0.0 0.1
1.4 0.8 0.0 0.6
1.4 1.3 0.0 0.2
1.4 1.2 0.0 0.2
13.3 13.1 0.0 0.2
4.2 4.2 0.0 0.0
2.9 2.9 0.0 0.0
1.1 1.1 0.0 0.0
0.9 0.0
0.1 ..
0.6 ..
0.6 ..
7.5 ..
7.5 ..
9.1 ..
9.4 ..
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 0.0 0.0 0.0 27.2
.. 0.0 0.0 0.0 31.9
12.4 0.0 0.0 0.0 40.6
12.3 0.0 0.0 0.0 41.3
11.6 0.0 0.0 0.0 42.6
11.4 0.0 0.0 0.0 43.2
11.4 0.0 0.0 0.0 43.8
6.2 0.0 0.0 0.0 69.9
0.9 37.7 10.4
0.0 0.0 0.0
1.0 39.7 10.2
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 25.8 5.3
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
232.9 49.2 12.2 105.7 0.2 -19.0 44.9
202.2 .. .. .. .. .. 43.4
385.9 59.5 .. 138.3 .. -26.8 86.1
403.6 63.5 .. 155.7 .. -22.5 93.9
466.9 69.7 .. 174.7 .. -29.5 117.6
530.3 81.1 .. 254.8 .. -68.8 112.7
534.6 79.7 .. 245.4 .. -45.9 150.9
538.8 .. .. .. .. .. 146.1
429.0 90.7 2.0 3.2 74.1 21.2 5.1
.. 111.8 .. 7.8 73.4 19.2 ..
468.5 72.2 6.7 7.4 74.4 30.9 7.5
444.6 70.0 5.9 7.8 76.8 33.3 7.2
411.6 61.4 37.5 2.5 79.6 41.0 8.1
344.4 52.7 15.2 1.3 78.5 40.3 5.3
348.3 51.9 14.8 1.5 77.3 54.4 7.4
.. 90.1 .. 0.8 42.0 30.1 ..
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
114
COMOROS (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
201.2 201.2 201.2 156.5 0.0 64.1 44.7 0.0 0.0 0.0 0.0 0.0
206.9 206.9 206.9 165.9 0.0 70.8 41.1 0.0 0.0 0.0 0.0 0.0
258.0 258.0 258.0 207.3 0.0 111.1 50.7 0.0 0.0 0.0 0.0 0.0
260.3 260.3 260.3 216.9 0.0 117.1 43.5 0.0 0.0 0.0 0.0 0.0
279.5 279.5 279.5 228.1 0.0 124.4 51.4 0.0 0.0 0.0 0.0 0.0
270.6 270.6 270.6 219.4 0.0 122.3 51.2 0.0 0.0 0.0 0.0 0.0
263.4 263.4 263.4 214.6 0.0 120.4 48.8 0.0 0.0 0.0 0.0 0.0
469.3 469.3 469.3 204.1 0.0 115.5 265.2 0.0 0.0 0.0 0.0 0.0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
9.6 9.6 9.6 9.6 0.0 9.6 0.0 0.0 0.0 0.0 0.0 0.0
2.1 2.1 2.1 2.1 0.0 2.1 0.0 0.0 0.0 0.0 0.0 0.0
3.3 3.3 3.3 3.3 0.0 2.7 0.0 0.0 0.0 0.0 0.0 0.0
3.0 3.0 3.0 3.0 0.0 3.0 0.0 0.0 0.0 0.0 0.0 0.0
4.8 4.8 4.8 4.8 0.0 4.8 0.0 0.0 0.0 0.0 0.0 0.0
1.4 1.4 1.4 1.4 0.0 1.4 0.0 0.0 0.0 0.0 0.0 0.0
0.3 0.3 0.3 0.3 0.0 0.3 0.0 0.0 0.0 0.0 0.0 0.0
215.0 215.0 215.0 0.0 0.0 0.0 215.0 0.0 0.0 0.0 0.0 0.0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
0.4 0.4 0.4 0.4 0.0 0.4 0.0 0.0 0.0 0.0 0.0 0.0
1.2 1.2 1.2 1.2 0.0 0.8 0.0 0.0 0.0 0.0 0.0 0.0
2.6 2.6 2.6 2.6 0.0 2.0 0.0 0.0 0.0 0.0 0.0 0.0
2.4 2.4 2.4 2.4 0.0 2.0 0.0 0.0 0.0 0.0 0.0 0.0
12.8 12.8 12.8 12.8 0.0 2.3 0.0 0.0 0.0 0.0 0.0 0.0
8.1 8.1 8.1 8.1 0.0 2.6 0.0 0.0 0.0 0.0 0.0 0.0
7.2 7.2 7.2 7.2 0.0 3.1 0.0 0.0 0.0 0.0 0.0 0.0
3.1 3.1 3.1 3.1 0.0 1.7 0.0 0.0 0.0 0.0 0.0 0.0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
0.5 0.5 0.5 0.5 0.0 0.4 0.0 0.0 0.0 0.0 0.0 0.0
0.8 0.8 0.8 0.8 0.0 0.8 0.0 0.0 0.0 0.0 0.0 0.0
1.3 1.3 1.3 1.3 0.0 0.9 0.0 0.0 0.0 0.0 0.0 0.0
1.2 1.2 1.2 1.2 0.0 0.9 0.0 0.0 0.0 0.0 0.0 0.0
13.1 13.1 13.1 12.9 0.0 0.9 0.2 0.0 0.0 0.0 0.0 0.0
4.2 4.2 4.2 3.9 0.0 0.8 0.3 0.0 0.0 0.0 0.0 0.0
2.9 2.9 2.9 2.6 0.0 1.1 0.3 0.0 0.0 0.0 0.0 0.0
1.1 1.1 1.1 1.1 0.0 0.7 0.0 0.0 0.0 0.0 0.0 0.0
8.5 11.2
-2.7 2.3
-15.1 0.7
3.6 1.6
4.4 -8.0
-7.4 -5.5
-1.8 -2.1
207.8 214.3
2.0 0.4 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
68.6 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
29.1 1.7 0.0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
6.7 1.6
7.0 1.6
6.5 1.6
6.8 1.5
7.2 1.5
17.5 1.4
17.5 1.4
18.5 1.4
0.0 0.0
0.0 0.0
0.0 0.0
0.0 0.0
0.0 0.0
0.0 0.0
0.0 0.0
0.0 0.0
Notes: Data for 2010 include the effects of Paris Club debt restructuring agreements signed in 2010 and of Enhanced HIPC Initiative in the amount of $1.2 million.
115
CONGO, DEMOCRATIC REPUBLIC OF (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
13,239 9,636 9,636 0 485 3,118 2,937
11,692 7,880 7,880 0 391 3,421 3,042
10,600 9,412 9,412 0 791 397 359
11,244 9,891 9,891 0 833 520 378
12,365 10,931 10,931 0 808 626 446
12,210 10,880 10,880 0 654 677 471
12,276 10,869 10,869 0 800 607 493
5,774 4,957 4,957 0 323 494 280
4,569 9,621 15 14
4,949 7,867 13 0
1,186 9,412 0 45
1,279 9,891 0 45
1,533 10,931 0 0
1,684 10,880 0 0
2,249 10,869 0 0
748 4,957 0 0
External debt flows Disbursements Long-term external debt IMF purchases
0 0 0
0 0 0
288 249 39
182 182 0
116 116 0
100 100 0
387 105 282
116 40 76
Principal repayments Long-term external debt IMF repurchases
1 0 1
0 0 0
112 112 0
142 142 0
219 155 64
307 170 137
376 226 150
140 83 57
Net flows Long-term external debt Short-term external debt
61 0 63
20 0 20
95 137 -81
144 40 104
-65 -39 38
-181 -70 26
-81 -121 -92
76 -43 100
Interest payments Long-term external debt IMF charges Short-term external debt
24 0 16 8
25 0 0 25
102 97 2 3
143 134 4 5
277 267 4 6
285 275 4 6
247 241 4 2
128 125 0 2
-22 ..
72 ..
.. ..
256 ..
1,808 ..
1,727 ..
664 ..
2,939 ..
1. Summary external debt data External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 3.7 0.9 0.3 40.8
.. 4.8 1.1 0.2 44.6
30.1 7.3 1.2 0.3 46.0
31.3 6.8 1.3 0.3 45.2
31.0 6.3 1.2 0.3 41.8
28.8 7.9 0.9 0.3 42.0
29.2 7.7 1.0 0.2 41.6
7.3 0.0 0.0 0.1 48.7
2.5 19.9 4.4
0.0 0.0 0.0
1.5 30.3 6.7
2.2 27.8 1.7
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 1.3 0.2
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
4,878 .. .. .. .. .. 157
3,918 .. .. .. .. .. 83
6,760 2,755 .. 3,924 .. .. 131
8,143 3,155 .. 4,272 .. -395 155
9,621 6,566 .. 7,562 .. -134 181
10,337 7,716 .. 9,761 .. -1,050 78
10,425 5,047 .. 7,571 .. -1,123 1,615
12,263 7,125 .. 10,542 .. -2,529 1,841
.. 271.4 .. 23.6 18.0 1.2 ..
.. 298.4 .. 29.3 18.5 0.7 ..
384.7 156.8 7.8 3.7 28.8 1.2 0.4
356.4 138.1 9.0 4.6 29.2 1.4 0.4
188.3 128.5 7.6 5.1 32.8 1.5 0.3
158.3 118.1 7.7 5.5 34.0 0.6 0.1
243.2 117.8 12.3 4.9 34.1 13.2 2.6
81.0 47.1 3.8 8.6 44.5 31.9 2.1
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
116
CONGO, DEMOCRATIC REPUBLIC OF (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
9,636 9,636 8,758 2,382 92 1,321 6,376 878 5 117 0 0
7,880 7,880 7,384 2,164 81 1,188 5,220 496 3 81 0 0
9,412 9,412 9,042 3,050 0 2,050 5,992 370 1 1 0 0
9,891 9,891 9,524 3,280 0 2,251 6,244 367 1 1 0 0
10,931 10,931 10,574 4,056 0 2,402 6,518 357 0 1 0 0
10,880 10,880 10,528 4,150 0 2,437 6,379 351 0 0 0 0
10,869 10,869 10,538 4,187 0 2,497 6,351 332 0 0 0 0
4,957 4,957 4,850 2,571 0 849 2,279 106 0 0 0 0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0
249 249 249 249 0 226 0 0 0 0 0 0
182 182 182 143 0 138 39 0 0 0 0 0
116 116 116 105 0 99 10 1 0 0 0 0
100 100 100 100 0 92 0 0 0 0 0 0
105 105 105 105 0 85 0 0 0 0 0 0
40 40 40 40 0 19 0 0 0 0 0 0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0
112 112 110 11 0 0 98 2 1 0 0 0
142 142 136 19 0 1 116 6 0 0 0 0
155 155 150 40 0 1 111 5 0 0 0 0
170 170 163 58 0 3 105 7 0 0 0 0
226 226 205 69 0 7 136 21 0 0 0 0
83 83 80 56 0 1 24 4 0 0 0 0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0
97 97 95 52 0 12 43 1 0 0 0 0
134 134 132 62 0 12 70 2 0 0 0 0
267 267 264 113 0 14 151 2 0 0 0 0
275 275 272 126 0 15 145 3 0 0 0 0
241 241 239 125 0 16 115 2 0 0 0 0
125 125 125 120 0 12 4 0 0 0 0 0
918 61
-356 20
-834 95
643 144
1,122 -65
-155 -181
66 -81
-6,502 76
0 0 0
0 0 0
34 95 0
0 37 0
0 40 0
0 161 0
0 37 0
1,479 6,603 0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
135 22
139 87
146 86
148 85
137 84
135 83
185 82
154 81
4 0
4 0
4 0
3 0
0 0
0 0
0 0
0 0
Notes: Data on long-term public and publicly guaranteed debt for 2010 are World Bank staff estimates. Data for 2008, 2009, and 2010 include the effects of MDRI and HIPC debt relief, in the amount of $42,477 thousand, $37,364 thousand, $1,642,856 thousand respectively. Data also include the effects of Paris Club debt restructuring agreements signed in 2010.
117
CONGO, REPUBLIC OF (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
5,887 4,867 4,867 0 19 1,002 412
4,782 3,682 3,682 0 41 1,059 638
6,144 5,404 5,404 0 26 714 703
6,560 5,749 5,749 0 35 776 713
5,648 5,246 5,246 0 37 364 259
5,932 5,505 5,505 0 38 389 252
4,903 4,684 4,684 0 43 176 107
3,781 3,531 3,531 0 27 222 105
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
950 4,867 0 31
1,727 3,682 0 24
2,511 5,404 0 640
2,564 5,749 0 17
1,008 5,246 0 10
979 5,505 0 13
410 4,684 0 394
353 3,531 0 79
External debt flows Disbursements Long-term external debt IMF purchases
15 15 0
15 1 14
232 220 12
163 152 12
28 28 0
21 19 2
10 7 4
75 73 2
Principal repayments Long-term external debt IMF repurchases
88 85 2
6 6 0
77 65 12
54 50 4
74 74 0
112 112 0
86 86 0
151 151 0
Net flows Long-term external debt Short-term external debt
163 -70 236
-52 -5 -61
166 155 11
162 102 52
-4 -46 42
-60 -94 32
-144 -80 -68
-28 -78 48
Interest payments Long-term external debt IMF charges Short-term external debt
99 62 1 35
38 7 1 30
35 34 0 0
33 31 0 2
34 29 0 4
70 64 0 5
77 75 0 2
45 42 0 3
125 0
166 0
514 ..
1,488 ..
2,638 ..
2,483 ..
2,083 ..
2,816 ..
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 0.2 3.5 0.5 24.1
.. 0.2 4.9 0.3 29.9
35.9 0.1 5.3 0.2 52.6
36.0 0.1 6.4 0.2 51.4
41.9 0.2 6.3 0.3 43.9
40.3 0.2 4.4 0.3 47.9
43.5 0.0 5.5 0.3 43.6
12.7 0.0 0.0 0.0 78.9
2.2 31.8 9.0
2.0 15.0 7.0
0.6 16.6 4.8
2.4 39.5 10.4
1.0 19.7 5.2
2.8 19.5 4.8
0.9 19.5 5.2
3.2 16.0 6.1
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
4.0 9.8 0.2
0.0 0.0 0.0
4.0 7.8 0.3
1,228 1,383 4 2,050 326 -625 64
2,275 2,642 10 2,013 466 648 225
4,039 4,983 11 4,318 1,296 696 738
5,105 6,352 13 6,202 1,403 124 1,848
5,747 6,151 15 8,294 1,651 -2,181 2,184
8,728 .. 15 .. .. .. 3,881
6,878 .. 15 .. .. .. 3,806
8,619 .. 15 .. .. .. 4,447
425.8 479.3 13.5 17.0 10.7 1.1 0.4
181.0 210.2 1.7 22.1 10.4 4.7 1.3
123.3 152.1 2.2 11.6 8.3 12.0 2.0
103.3 128.5 1.4 11.8 7.9 28.2 3.6
91.8 98.3 1.7 6.4 8.9 38.7 3.2
.. 68.0 .. 6.6 8.0 65.4 ..
.. 71.3 .. 3.6 9.4 77.6 ..
.. 43.9 .. 5.9 5.8 117.6 ..
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
118
CONGO, REPUBLIC OF (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
4,867 4,867 3,947 631 105 174 3,316 920 0 778 0 0
3,682 3,682 2,920 499 65 159 2,421 762 0 686 0 0
5,404 5,404 3,293 512 0 280 2,780 2,111 0 2,017 0 0
5,749 5,749 3,608 517 0 295 3,091 2,140 0 2,037 0 0
5,246 5,246 3,863 500 0 303 3,363 1,383 0 1,281 0 0
5,505 5,505 4,150 476 0 299 3,674 1,355 0 1,261 0 0
4,684 4,684 3,840 463 0 298 3,377 844 0 779 0 0
3,531 3,531 2,716 219 0 84 2,497 815 0 756 0 0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
15 15 15 1 1 0 15 0 0 0 0 0
1 1 1 0 0 0 1 0 0 0 0 0
220 220 220 85 0 35 135 0 0 0 0 0
152 152 152 18 0 8 134 0 0 0 0 0
28 28 28 14 0 2 14 0 0 0 0 0
19 19 14 9 0 3 4 5 0 0 0 0
7 7 7 5 0 3 1 0 0 0 0 0
73 73 73 12 0 2 62 0 0 0 0 0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
85 85 33 20 18 1 12 53 0 46 0 0
6 6 6 6 2 1 0 0 0 0 0 0
65 65 65 47 0 5 19 0 0 0 0 0
50 50 50 31 0 3 19 0 0 0 0 0
74 74 72 23 0 2 49 1 0 0 0 0
112 112 84 21 0 2 64 28 0 24 0 0
86 86 86 22 0 2 64 1 0 0 0 0
151 151 127 23 0 1 104 24 0 24 0 0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
62 62 20 11 10 1 9 42 0 39 0 0
7 7 7 7 1 1 0 0 0 0 0 0
34 34 34 26 0 2 8 0 0 0 0 0
31 31 31 14 0 2 17 0 0 0 0 0
29 29 29 11 0 2 19 0 0 0 0 0
64 64 59 9 0 2 50 5 0 5 0 0
75 75 57 8 0 2 49 18 0 18 0 0
42 42 30 7 0 1 23 12 0 12 0 0
586 163
-138 -52
-420 166
416 162
-912 -4
285 -60
-1,030 -144
-1,122 -28
108 24 0
0 0 0
86 141 0
124 152 0
616 1,282 0
312 114 0
53 766 0
1,536 1,147 0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
224 24
215 52
111 50
140 51
156 50
179 47
178 44
179 43
24 11
28 11
32 10
32 9
32 9
32 8
32 10
31 9
Notes: Data on long-term public debt for 2010 are World Bank staff estimates. Data include the effects of London Club debt restructuring agreement signed in 2007 and Paris Club debt restructuring agreement signed in 2008 and 2010. However, data for 2010 does not reflect the $1.4 billion of debt relief that Paris Club creditors have committed to bilaterally. Data for 2008, 2009, and 2010 include the effects of MDRI and HIPC debt relief, in the amount of $3,596 thousand, $3,576 thousand, and $210,763 thousand respectively.
119
COSTA RICA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
3,766 3,312 3,097 214 24 430 32
4,636 3,688 3,452 236 0 948 12
6,489 4,392 3,161 1,231 0 2,097 2
6,996 4,640 3,315 1,325 0 2,355 2
8,406 5,171 3,650 1,521 0 3,234 0
9,196 5,207 3,174 2,033 0 3,989 0
7,978 5,735 3,197 2,538 0 2,243 0
8,849 6,418 3,725 2,693 0 2,431 0
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
98 3,095 216 25
29 3,451 237 824
0 3,161 1,231 358
0 3,315 1,325 416
0 3,650 1,521 149
0 3,174 2,033 446
0 3,197 2,538 1,850
0 3,725 2,693 50
External debt flows Disbursements Long-term external debt IMF purchases
211 211 0
758 758 0
986 986 0
458 458 0
610 610 0
1,115 1,115 0
1,322 1,322 0
1,504 1,504 0
Principal repayments Long-term external debt IMF repurchases
401 357 44
388 388 0
569 569 0
498 498 0
559 559 0
1,112 1,112 0
795 795 0
653 653 0
Net flows Long-term external debt Short-term external debt
-148 -146 42
549 370 179
841 416 425
218 -40 258
931 51 880
758 3 755
-1,218 527 -1,745
1,038 851 188
Interest payments Long-term external debt IMF charges Short-term external debt
251 225 3 23
262 206 0 56
274 180 0 94
294 176 0 118
347 207 0 140
462 352 0 110
428 367 0 62
429 362 0 67
337 ..
409 ..
861 ..
1,469 ..
1,896 ..
2,078 ..
1,347 ..
1,466 ..
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 8.2 0.1 0.0 49.1
.. 4.0 0.0 0.0 69.9
1.7 2.7 0.0 0.0 77.1
1.6 2.1 0.0 0.0 80.2
1.7 2.3 0.0 0.0 83.0
1.8 3.8 0.0 0.0 87.9
1.7 5.1 0.0 0.0 87.9
1.3 5.9 0.0 0.0 89.1
2.2 7.3 1.2
6.3 4.3 1.8
5.7 17.5 4.0
4.8 15.1 3.9
6.2 14.8 3.8
4.5 17.3 4.0
3.1 19.6 4.1
0.0 0.0 0.0
6.9 6.0 1.5
8.3 17.3 17.3
8.2 12.1 0.5
6.9 10.3 10.3
6.0 1.4 0.3
0.0 0.0 0.0
5.1 7.2 5.6
3.3 3.0 0.5
11,497 4,597 123 5,089 109 -358 1,060
14,697 7,992 136 8,793 1,141 -707 1,318
19,174 10,528 420 11,779 743 -981 2,314
21,788 12,208 513 13,580 853 -1,023 3,117
25,468 13,559 618 15,675 1,131 -1,646 4,115
28,935 14,400 605 17,565 749 -2,787 3,801
28,767 12,718 513 13,585 986 -576 4,068
33,001 13,969 552 15,670 606 -1,439 4,630
81.9 32.8 14.2 11.4 36.6 28.1 2.5
58.0 31.5 8.1 20.4 28.1 28.4 1.8
61.6 33.8 8.0 32.3 18.1 35.7 2.4
57.3 32.1 6.5 33.7 18.0 44.6 2.8
62.0 33.0 6.7 38.5 14.2 49.0 3.2
63.9 31.8 10.9 43.4 11.3 41.3 2.6
62.7 27.7 9.6 28.1 14.8 51.0 3.6
63.3 26.8 7.7 27.5 19.3 52.3 3.5
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
120
COSTA RICA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
3,312 3,097 2,486 1,380 300 3 1,106 611 572 3 214 0
3,688 3,452 1,861 1,305 121 2 556 1,591 1,542 23 236 0
4,392 3,161 1,370 1,176 59 1 194 1,791 1,669 102 1,231 0
4,640 3,315 1,452 1,260 53 1 192 1,864 1,685 161 1,325 0
5,171 3,650 1,476 1,195 45 1 281 2,174 1,900 257 1,521 0
5,207 3,174 1,362 1,039 41 0 322 1,812 1,660 137 2,033 0
5,735 3,197 1,577 1,179 57 0 398 1,620 1,435 172 2,538 0
6,418 3,725 2,139 1,709 570 0 430 1,586 1,435 138 2,693 0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
211 201 200 183 16 0 18 0 0 0 10 0
758 749 249 130 6 0 118 500 500 0 9 0
986 75 75 69 5 0 6 0 0 0 910 0
458 142 92 77 5 0 15 50 50 0 316 0
610 118 118 102 1 0 16 0 0 0 492 0
1,115 320 309 245 4 0 63 11 0 11 795 0
1,322 523 380 258 24 0 122 143 75 68 799 0
1,504 770 767 706 521 0 61 2 0 0 734 0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
357 333 323 176 55 0 146 10 4 2 24 0
388 371 334 154 33 0 180 37 30 4 17 0
569 365 306 276 17 0 31 59 41 17 204 0
498 276 230 213 11 0 18 45 34 11 222 0
559 263 221 192 9 0 30 42 35 7 296 0
1,112 829 456 413 8 0 43 373 240 130 283 0
795 500 165 119 7 0 47 335 300 33 294 0
653 266 230 179 9 0 51 36 0 34 387 0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
225 204 163 95 27 0 67 42 37 0 21 0
206 190 104 84 12 0 20 86 80 2 16 0
180 105 63 57 3 0 5 43 39 3 74 0
176 96 53 50 3 0 3 42 37 5 80 0
207 115 42 39 3 0 3 73 68 4 92 0
352 246 78 68 3 0 10 168 152 14 106 0
367 215 73 63 2 0 10 142 131 10 152 0
362 207 81 70 3 0 11 126 116 8 155 0
-110 -148
490 549
773 841
507 218
1,410 931
790 758
-1,217 -1,218
870 1,038
0 3 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
258 71
232 62
253 53
231 45
218 37
182 32
173 27
165 24
969 229
802 188
741 130
603 100
238 68
309 54
159 41
121 34
Notes: Data on long-term private nonguaranteed debt are World Bank staff estimates. Short-term debt is based on reports provided by the country.
121
COTE D'IVOIRE (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
18,899 14,562 11,902 2,660 427 3,910 1,020
12,138 10,546 9,063 1,482 549 1,043 79
11,912 10,866 9,965 900 198 848 848
12,764 11,605 10,823 782 150 1,010 1,010
13,865 12,237 11,646 591 173 1,455 1,455
12,568 11,036 10,622 414 188 1,344 1,344
11,702 11,251 10,980 271 352 99 99
11,430 10,696 10,416 280 383 351 44
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
2,686 11,901 2,661 716
169 9,063 1,482 72
1,499 9,965 900 40
2,033 10,823 782 58
2,497 11,646 591 162
2,218 10,622 414 73
183 10,980 271 144
122 10,416 280 0
External debt flows Disbursements Long-term external debt IMF purchases
924 743 181
148 148 0
55 55 0
116 116 0
140 77 62
118 54 64
359 58 301
127 72 55
Principal repayments Long-term external debt IMF repurchases
625 539 86
481 442 39
255 164 91
217 160 57
345 298 47
829 784 44
841 697 143
258 248 10
Net flows Long-term external debt Short-term external debt
935 204 636
-617 -294 -283
-308 -109 -108
-101 -44 0
-206 -221 0
-711 -731 0
-482 -639 0
176 -176 307
Interest payments Long-term external debt IMF charges Short-term external debt
421 390 8 23
539 462 3 74
50 46 1 3
50 49 1 0
84 82 1 0
221 216 5 0
266 264 2 0
124 122 0 2
211 1
235 1
312 14
319 2
427 2
446 2
381 -9
418 ..
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 1.4 0.9 0.5 22.0
.. 1.4 0.6 0.2 53.7
51.9 1.3 0.4 0.2 37.7
53.4 1.2 0.4 0.2 35.9
55.6 1.1 0.4 0.2 34.1
56.2 1.6 0.3 0.2 33.0
58.6 2.0 0.4 0.0 34.0
57.6 2.3 0.4 0.0 35.2
1.9 29.8 8.5
0.8 46.2 9.6
1.7 20.0 5.7
0.2 7.8 1.7
4.8 15.3 4.4
1.7 20.5 5.7
3.7 21.3 6.6
0.0 0.0 0.0
14.5 19.6 0.1
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.5 11.7 3.7
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
10,013 4,526 151 4,782 204 -492 529
9,715 4,512 119 4,423 284 -241 674
15,643 8,724 163 8,222 370 40 1,367
16,589 9,518 167 8,508 478 479 1,798
18,913 9,820 185 9,616 531 -139 2,519
22,434 11,651 199 10,867 581 452 2,253
22,078 11,702 185 9,917 .. 1,670 3,267
21,729 .. 179 .. .. .. 3,624
417.5 188.7 23.1 20.7 20.6 2.8 1.3
269.0 124.9 22.6 8.6 24.4 5.6 1.8
136.5 76.2 3.5 7.1 25.9 11.5 2.0
134.1 76.9 2.8 7.9 26.1 14.1 2.5
141.2 73.3 4.4 10.5 25.0 18.2 3.1
107.9 56.0 9.0 10.7 23.0 17.9 2.5
100.0 53.0 9.5 0.8 20.3 27.9 4.0
.. 52.6 .. 3.1 19.5 31.7 ..
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
122
COTE D'IVOIRE (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
14,562 11,902 9,217 3,900 1,573 813 5,317 2,685 0 2,630 2,660 0
10,546 9,063 6,669 2,958 599 1,366 3,711 2,394 2,343 14 1,482 0
10,866 9,965 7,673 3,087 423 1,763 4,586 2,292 2,159 133 900 0
11,605 10,823 8,384 3,330 456 1,847 5,054 2,439 2,293 146 782 0
12,237 11,646 9,062 3,471 479 1,909 5,591 2,584 2,425 160 591 0
11,036 10,622 8,123 2,892 117 1,797 5,232 2,499 2,346 152 414 0
11,251 10,980 8,914 2,374 42 1,781 6,540 2,066 1,931 135 271 0
10,696 10,416 8,673 2,228 14 1,749 6,445 1,743 1,621 118 280 0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
743 670 669 340 19 226 329 1 0 1 73 0
148 148 148 148 0 76 0 0 0 0 0 0
55 21 21 11 0 0 10 0 0 0 34 0
116 88 88 71 0 0 17 0 0 0 28 0
77 57 57 35 0 0 22 0 0 0 20 0
54 35 35 24 0 13 10 0 0 0 19 0
58 36 36 23 0 13 13 0 0 0 22 0
72 49 48 45 0 40 3 0 0 0 24 0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
539 514 479 286 199 0 193 36 0 5 25 0
442 329 283 143 57 0 140 46 46 0 113 0
164 21 21 20 0 0 0 0 0 0 143 0
160 14 13 12 0 0 1 0 0 0 146 0
298 112 112 106 30 16 6 0 0 0 187 0
784 588 588 587 377 117 1 0 0 0 196 0
697 532 532 504 73 41 28 0 0 0 165 0
248 168 166 127 25 41 39 2 0 2 80 0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
390 257 252 172 135 5 81 5 0 1 133 0
462 342 189 78 32 8 111 153 153 0 120 0
46 3 3 3 0 0 0 0 0 0 43 0
49 2 2 2 0 0 0 0 0 0 47 0
82 41 41 41 10 8 1 0 0 0 41 0
216 183 183 183 83 61 1 0 0 0 33 0
264 241 241 238 6 14 3 0 0 0 23 0
122 107 105 24 1 13 81 2 0 2 15 0
1,503 935
-1,032 -617
-1,287 -308
852 -101
1,101 -206
-1,297 -711
-866 -482
-272 176
381 322 0
72 29 0
0 0 0
0 0 0
0 0 0
0 0 0
3,078 1,103 0
530 180 0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
1,393 242
761 244
529 240
531 225
533 208
535 191
524 173
776 155
303 23
289 19
262 15
254 12
246 10
242 7
237 5
134 3
Notes: Data on long-term public debt for 2010 are World Bank staff estimates.
123
DJIBOUTI (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
272.4 268.9 268.9 0.0 0.0 3.5 3.5
258.1 238.3 238.3 0.0 13.4 6.4 6.4
406.4 378.9 378.9 0.0 18.7 8.9 8.9
469.2 441.2 441.2 0.0 18.0 10.0 10.0
675.3 653.4 653.4 0.0 16.1 5.8 5.8
698.5 680.4 680.4 0.0 17.4 0.7 0.7
755.3 737.2 737.2 0.0 15.8 2.3 2.3
751.3 738.7 738.7 0.0 12.1 0.5 0.5
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
13.1 268.9 0.0 0.0
22.4 238.3 0.0 48.6
21.3 378.9 0.0 87.6
26.3 441.2 0.0 41.1
40.2 653.4 0.0 22.7
2.2 680.4 0.0 38.4
6.9 737.2 0.0 24.3
2.2 738.7 0.0 48.8
External debt flows Disbursements Long-term external debt IMF purchases
18.4 18.4 0.0
11.3 7.7 3.6
26.5 26.5 0.0
63.7 63.7 0.0
39.0 39.0 0.0
52.0 45.9 6.1
69.6 67.4 2.3
37.3 37.3 0.0
Principal repayments Long-term external debt IMF repurchases
9.2 9.2 0.0
10.7 8.4 2.3
11.9 11.0 0.8
18.5 16.9 1.6
17.1 14.3 2.8
21.8 17.5 4.3
26.7 22.5 4.2
25.7 22.4 3.3
Net flows Long-term external debt Short-term external debt
9.2 9.2 0.0
0.7 -0.7 0.0
14.7 15.5 0.0
45.2 46.8 0.0
22.0 24.7 0.0
30.2 28.4 0.0
42.9 44.9 0.0
11.5 14.9 0.0
Interest payments Long-term external debt IMF charges Short-term external debt
2.0 2.0 0.0 0.0
2.6 2.2 0.4 0.0
3.8 3.7 0.1 0.0
5.0 4.9 0.1 0.0
6.6 6.5 0.1 0.0
7.8 7.7 0.1 0.0
8.3 8.2 0.1 0.0
8.2 8.2 0.0 0.0
3.2 0.0
3.3 0.0
22.2 0.0
108.3 0.0
195.4 0.0
227.7 0.0
96.9 0.0
26.8 0.0
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 0.0 0.0 0.0 12.4
.. 0.0 0.0 0.0 16.2
13.1 0.0 0.0 0.0 34.2
16.8 0.0 0.0 0.0 32.7
33.9 0.0 0.0 0.0 25.8
31.6 0.0 0.0 0.0 25.5
30.5 0.0 0.0 0.0 24.7
28.3 0.0 0.0 0.0 24.7
0.0 0.0 0.0
2.3 29.9 6.9
1.3 38.0 9.0
1.8 10.9 6.5
3.9 24.8 5.8
2.9 20.8 5.0
2.5 26.3 7.3
1.9 24.2 6.0
0.0 0.0 0.0
0.0 0.0 0.0
6.9 11.5 2.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
515.0 220.7 11.9 263.5 4.6 17.5 72.2
567.0 218.4 12.3 287.1 4.2 -19.0 67.8
775.8 319.8 25.8 372.3 5.9 20.1 89.3
853.9 341.5 28.5 436.8 5.9 -16.6 120.3
935.9 341.7 28.6 592.3 4.2 -171.4 132.1
1072.5 411.3 30.3 716.5 5.0 -225.4 175.5
1120.1 436.4 32.5 593.6 6.5 -71.1 241.8
.. 453.6 32.7 498.3 0.0 50.5 249.0
123.4 52.9 5.0 1.3 50.1 26.5 3.3
118.1 45.5 6.1 2.5 53.6 26.3 2.8
127.1 52.4 4.9 2.2 66.1 22.0 2.9
137.4 54.9 6.9 2.1 65.2 25.6 3.3
197.6 72.2 6.9 0.9 51.4 19.6 2.7
169.8 65.1 7.2 0.1 51.9 25.1 2.9
173.1 67.4 8.0 0.3 52.9 32.0 4.9
165.6 .. 7.5 0.1 54.5 33.1 6.0
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
124
DJIBOUTI (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
268.9 268.9 268.9 136.4 0.0 46.2 132.5 0.0 0.0 0.0 0.0 0.0
238.3 238.3 238.3 138.3 0.0 49.9 100.0 0.0 0.0 0.0 0.0 0.0
378.9 378.9 373.3 268.7 0.0 120.3 104.6 5.6 0.0 5.6 0.0 0.0
441.2 441.2 418.0 305.7 0.0 133.3 112.3 23.2 0.0 5.6 0.0 0.0
653.4 653.4 622.6 347.0 0.0 147.2 275.6 30.8 0.0 12.3 0.0 0.0
680.4 680.4 653.0 362.8 0.0 151.6 290.2 27.4 0.0 13.5 0.0 0.0
737.2 737.2 713.0 399.4 0.0 158.4 313.6 24.2 0.0 15.2 0.0 0.0
738.7 738.7 718.3 409.3 0.0 154.7 308.9 20.4 0.0 14.2 0.0 0.0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
18.4 18.4 18.4 10.0 0.0 2.8 8.4 0.0 0.0 0.0 0.0 0.0
7.7 7.7 7.7 7.7 0.0 3.9 0.0 0.0 0.0 0.0 0.0 0.0
26.5 26.5 26.5 16.2 0.0 4.7 10.3 0.0 0.0 0.0 0.0 0.0
63.7 63.7 44.5 34.2 0.0 8.2 10.4 19.1 0.0 0.0 0.0 0.0
39.0 39.0 39.0 29.6 0.0 9.7 9.4 0.0 0.0 0.0 0.0 0.0
45.9 45.9 45.9 24.0 0.0 7.2 21.9 0.0 0.0 0.0 0.0 0.0
67.4 67.4 67.4 44.8 0.0 7.4 22.6 0.0 0.0 0.0 0.0 0.0
37.3 37.3 37.3 20.7 0.0 1.4 16.5 0.0 0.0 0.0 0.0 0.0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
9.2 9.2 9.2 4.4 0.0 0.3 4.8 0.0 0.0 0.0 0.0 0.0
8.4 8.4 8.4 4.0 0.0 0.5 4.4 0.0 0.0 0.0 0.0 0.0
11.0 11.0 11.0 5.1 0.0 1.4 6.0 0.0 0.0 0.0 0.0 0.0
16.9 16.9 14.5 8.2 0.0 1.2 6.3 2.4 0.0 0.0 0.0 0.0
14.3 14.3 13.2 7.9 0.0 1.8 5.3 1.1 0.0 0.0 0.0 0.0
17.5 17.5 13.6 8.7 0.0 1.6 5.0 3.9 0.0 0.0 0.0 0.0
22.5 22.5 17.4 9.7 0.0 1.8 7.7 5.1 0.0 0.0 0.0 0.0
22.4 22.4 20.0 11.0 0.0 2.3 9.0 2.4 0.0 0.2 0.0 0.0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
2.0 2.0 2.0 0.9 0.0 0.3 1.1 0.0 0.0 0.0 0.0 0.0
2.2 2.2 2.2 1.4 0.0 0.4 0.8 0.0 0.0 0.0 0.0 0.0
3.7 3.7 3.7 2.7 0.0 1.0 1.0 0.0 0.0 0.0 0.0 0.0
4.9 4.9 4.9 3.9 0.0 0.8 1.1 0.0 0.0 0.0 0.0 0.0
6.5 6.5 6.5 4.6 0.0 1.1 1.9 0.0 0.0 0.0 0.0 0.0
7.7 7.7 7.2 5.2 0.0 1.3 2.0 0.5 0.0 0.0 0.0 0.0
8.2 8.2 7.6 5.0 0.0 1.1 2.6 0.6 0.0 0.0 0.0 0.0
8.2 8.2 7.6 5.2 0.0 1.1 2.4 0.6 0.0 0.1 0.0 0.0
14.8 9.2
-9.6 0.7
-13.4 14.7
62.8 45.2
206.1 22.0
23.2 30.2
56.7 42.9
-3.9 11.5
0.0 0.0 0.0
2.1 0.0 0.0
0.0 0.6 0.0
0.0 2.1 0.0
0.0 0.0 0.0
58.2 0.0 0.0
8.7 0.0 0.0
17.0 0.0 0.0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
29.3 8.6
48.2 10.1
29.3 9.6
26.6 9.4
26.9 9.2
32.3 8.8
33.0 8.3
33.7 7.8
5.5 0.6
5.5 0.4
1.2 0.3
1.2 0.2
1.2 0.2
1.2 0.1
0.1 0.0
0.3 0.0
Notes: Data on long-term public and publicly guaranteed debt include the effects of Paris Club debt restructuring agreement signed in 2008.
125
DOMINICA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
103.3 94.9 94.9 0.0 1.7 6.7 0.2
164.8 145.8 145.8 0.0 0.0 19.0 0.0
273.7 221.6 221.6 0.0 11.6 40.6 8.6
253.3 217.3 217.3 0.0 14.0 22.0 11.0
289.2 214.0 214.0 0.0 12.1 63.0 14.0
301.2 203.2 203.2 0.0 15.0 83.0 17.0
256.3 198.7 198.7 0.0 19.6 37.9 17.9
266.7 216.0 216.0 0.0 18.2 32.5 1.5
1.8 94.9 0.0 5.1
0.3 145.8 0.0 57.3
6.5 221.6 0.0 25.8
6.0 217.3 0.0 0.0
11.2 214.0 0.0 6.0
10.2 203.2 0.0 5.6
10.7 198.7 0.0 13.7
19.3 216.0 0.0 20.1
External debt flows Disbursements Long-term external debt IMF purchases
9.5 9.5 0.0
56.2 56.2 0.0
8.0 4.5 3.5
6.5 3.1 3.4
4.9 4.9 0.0
11.1 7.9 3.2
13.4 8.3 5.1
29.4 29.4 0.0
Principal repayments Long-term external debt IMF repurchases
4.4 3.6 0.9
6.7 6.7 0.0
10.0 9.6 0.4
11.2 9.6 1.6
13.0 10.5 2.5
12.9 12.9 0.0
15.7 14.9 0.8
11.1 10.0 1.1
Net flows Long-term external debt Short-term external debt
4.6 5.9 -0.5
49.7 49.5 0.2
-37.0 -5.2 -35.0
-25.7 -6.4 -21.0
29.9 -5.6 38.0
15.2 -5.0 17.0
-48.3 -6.6 -46.0
29.4 19.5 11.0
Interest payments Long-term external debt IMF charges Short-term external debt
2.4 2.0 0.0 0.4
4.1 3.0 0.0 1.1
6.2 4.6 0.2 1.5
6.8 5.5 0.2 1.1
6.6 4.9 0.1 1.6
6.2 4.3 0.2 1.7
5.1 4.4 0.1 0.6
4.5 4.1 0.0 0.3
54.1 ..
17.6 ..
19.2 ..
25.9 ..
40.5 ..
56.5 ..
41.3 ..
30.8 ..
1. Summary external debt data External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 1.1 13.3 0.0 60.8
.. 0.4 2.8 0.0 81.1
5.4 0.0 0.0 0.0 86.0
4.0 0.0 0.0 0.0 87.3
3.4 0.0 0.0 0.0 86.8
2.7 0.0 0.0 0.0 86.9
3.4 0.0 0.0 0.0 85.1
3.0 0.0 0.0 0.0 80.6
2.6 26.4 8.8
5.2 21.3 6.9
2.4 21.9 7.6
0.0 0.0 0.0
0.8 34.5 10.0
1.2 31.1 8.4
2.1 26.8 8.6
2.6 18.5 5.1
0.0 0.0 0.0
1.9 9.2 2.3
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
3.5 15.6 2.6
0.0 0.0 0.0
0.0 0.0 0.0
210.7 110.7 13.4 158.9 12.2 -40.2 22.1
231.8 149.2 16.3 227.1 33.0 -59.8 29.4
270.3 135.3 25.0 231.0 22.7 -76.1 49.2
300.7 150.6 25.4 220.0 7.4 -49.9 63.0
324.8 156.4 25.9 264.5 13.0 -86.9 60.5
353.7 170.7 26.1 314.1 12.5 -124.3 55.2
359.8 161.2 25.4 282.3 13.4 -101.9 75.5
364.4 158.7 26.2 275.4 11.4 -96.8 76.1
93.3 49.0 6.1 6.5 62.2 21.4 1.7
110.5 71.1 7.2 11.5 50.6 17.8 1.6
202.3 101.3 12.0 14.8 46.0 18.0 2.6
168.2 84.2 11.9 8.7 47.9 24.9 3.4
184.9 89.0 12.5 21.8 41.8 20.9 2.7
176.4 85.2 11.2 27.6 38.9 18.3 2.1
159.0 71.2 12.9 14.8 46.0 29.4 3.2
168.0 73.2 9.8 12.2 43.6 28.5 3.3
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
126
DOMINICA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
94.9 94.9 94.9 64.3 0.0 12.2 30.6 0.0 0.0 0.0 0.0 0.0
145.8 145.8 114.2 83.4 2.4 13.6 30.8 31.6 31.6 0.0 0.0 0.0
221.6 221.6 172.0 126.0 3.9 21.7 46.0 49.6 47.1 0.0 0.0 0.0
217.3 217.3 167.7 121.4 3.3 22.5 46.3 49.6 47.1 0.0 0.0 0.0
214.0 214.0 164.4 121.0 2.5 25.4 43.4 49.6 47.1 0.0 0.0 0.0
203.2 203.2 156.8 117.1 1.8 26.5 39.7 46.4 42.2 1.7 0.0 0.0
198.7 198.7 154.2 117.8 1.2 27.5 36.4 44.5 40.3 1.7 0.0 0.0
216.0 216.0 171.5 116.1 0.8 27.0 55.4 44.5 40.3 1.7 0.0 0.0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
9.5 9.5 9.5 3.5 0.0 0.1 6.0 0.0 0.0 0.0 0.0 0.0
56.2 56.2 25.7 19.3 0.7 -0.1 6.3 30.5 30.5 0.0 0.0 0.0
4.5 4.5 4.5 3.9 0.3 0.5 0.6 0.0 0.0 0.0 0.0 0.0
3.1 3.1 3.1 2.6 0.0 0.1 0.5 0.0 0.0 0.0 0.0 0.0
4.9 4.9 4.9 4.7 0.0 2.3 0.1 0.0 0.0 0.0 0.0 0.0
7.9 7.9 6.2 6.2 0.0 1.8 0.0 1.7 0.0 1.7 0.0 0.0
8.3 8.3 8.3 6.0 0.0 1.4 2.3 0.0 0.0 0.0 0.0 0.0
29.4 29.4 29.4 7.4 0.0 0.5 22.1 0.0 0.0 0.0 0.0 0.0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
3.6 3.6 3.6 2.0 0.0 0.1 1.5 0.0 0.0 0.0 0.0 0.0
6.7 6.7 6.7 3.9 0.0 0.1 2.8 0.0 0.0 0.0 0.0 0.0
9.6 9.6 9.6 7.9 0.4 0.3 1.7 0.0 0.0 0.0 0.0 0.0
9.6 9.6 9.6 8.0 0.6 0.3 1.6 0.0 0.0 0.0 0.0 0.0
10.5 10.5 10.5 6.9 0.8 0.4 3.6 0.0 0.0 0.0 0.0 0.0
12.9 12.9 12.9 9.3 0.8 0.5 3.6 0.0 0.0 0.0 0.0 0.0
14.9 14.9 13.0 7.8 0.6 0.5 5.2 1.9 1.9 0.0 0.0 0.0
10.0 10.0 10.0 6.6 0.4 0.5 3.4 0.0 0.0 0.0 0.0 0.0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
2.0 2.0 2.0 1.6 0.0 0.1 0.4 0.0 0.0 0.0 0.0 0.0
3.0 3.0 2.9 1.9 0.1 0.1 1.0 0.1 0.1 0.0 0.0 0.0
4.6 4.6 4.2 3.2 0.2 0.2 1.0 0.3 0.3 0.0 0.0 0.0
5.5 5.5 4.9 3.2 0.2 0.2 1.7 0.6 0.6 0.0 0.0 0.0
4.9 4.9 4.4 3.1 0.2 0.2 1.3 0.4 0.4 0.0 0.0 0.0
4.3 4.3 4.1 2.8 0.1 0.2 1.3 0.2 0.2 0.0 0.0 0.0
4.4 4.4 3.9 2.8 0.1 0.2 1.2 0.5 0.2 0.3 0.0 0.0
4.1 4.1 3.8 2.6 0.0 0.2 1.2 0.3 0.3 0.1 0.0 0.0
5.2 4.6
49.3 49.7
-30.7 -37.0
-20.5 -25.7
35.9 29.9
12.1 15.2
-44.9 -48.3
10.4 29.4
0.0 0.0 0.0
0.0 0.0 0.0
14.6 0.1 0.0
11.5 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
10.8 3.5
7.7 3.3
9.1 3.2
9.5 3.0
9.2 2.8
9.7 2.6
9.6 2.4
8.5 2.2
0.1 3.0
0.1 3.0
0.1 3.0
30.7 3.0
0.1 0.2
0.1 0.2
0.1 0.2
0.1 0.2
127
DOMINICAN REPUBLIC (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
4,447 3,672 3,653 19 160 616 214
4,541 3,311 3,311 0 52 1,178 28
7,072 5,770 5,769 2 400 901 20
8,553 6,634 6,221 414 459 1,459 8
10,142 7,118 6,273 845 548 2,476 9
10,119 7,689 6,846 843 492 1,938 3
11,046 8,600 7,757 843 767 1,679 0
13,045 9,958 9,115 843 1,139 1,948 0
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
320 3,626 46 167
56 3,299 13 469
144 5,761 9 811
32 6,214 420 1,336
13 6,268 851 343
15 6,841 848 1,028
0 7,753 847 2,935
0 9,111 846 1,826
External debt flows Disbursements Long-term external debt IMF purchases
195 195 0
303 303 0
894 674 220
1,701 1,560 142
1,427 1,250 177
1,420 1,298 122
1,700 1,391 308
2,591 2,061 530
Principal repayments Long-term external debt IMF repurchases
234 200 34
257 257 0
763 763 0
1,023 918 105
927 813 114
863 699 164
817 770 47
817 670 147
Net flows Long-term external debt Short-term external debt
105 -5 143
311 46 265
96 -88 -36
1,249 642 570
1,516 437 1,016
25 600 -532
627 622 -256
2,044 1,392 269
Interest payments Long-term external debt IMF charges Short-term external debt
175 145 10 20
263 211 3 50
248 211 9 27
320 255 22 42
453 327 26 100
547 446 24 78
505 431 7 67
521 443 10 68
414 ..
953 ..
1,123 ..
1,085 ..
1,667 ..
2,870 ..
2,067 ..
1,626 ..
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 7.7 0.0 0.0 63.7
.. 5.0 0.0 0.0 73.8
2.8 2.8 0.0 0.0 86.9
3.4 2.1 0.0 0.0 88.0
6.2 1.8 0.0 0.0 85.9
7.7 2.0 0.0 0.0 85.4
8.6 1.9 0.0 0.0 85.4
6.4 1.6 0.0 0.0 88.9
6.6 20.2 5.2
6.5 14.4 1.8
1.7 21.5 4.1
4.1 21.5 4.5
3.7 21.2 4.1
2.6 22.5 3.4
2.7 17.1 4.9
1.5 20.7 5.8
8.4 9.5 2.0
6.5 10.3 2.7
3.2 4.1 1.2
6.6 13.5 8.7
6.5 9.2 2.2
6.0 7.1 2.6
4.8 10.7 2.9
6.6 10.8 7.2
15,589 5,859 839 7,034 624 -183 373
22,955 9,264 1,839 12,193 1,068 -1,027 632
32,102 10,498 2,719 13,668 1,765 -473 1,853
34,100 11,877 3,084 16,309 1,932 -1,287 2,127
39,234 12,797 3,427 18,364 2,194 -2,166 2,562
43,684 12,411 3,667 20,443 1,669 -4,519 2,288
44,829 10,918 3,467 16,382 1,577 -2,159 2,905
49,789 12,171 3,369 19,724 0 -4,435 3,501
75.9 28.5 7.0 13.8 23.2 8.4 0.6
49.0 19.8 5.6 25.9 24.9 13.9 0.6
67.4 22.0 9.6 12.7 25.6 26.2 1.6
72.0 25.1 11.3 17.1 22.2 24.9 1.6
79.3 25.8 10.8 24.4 18.6 25.3 1.7
81.5 23.2 11.4 19.1 18.6 22.6 1.3
101.2 24.6 12.1 15.2 23.6 26.3 2.1
107.2 26.2 11.0 14.9 23.6 26.8 2.1
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
128
DOMINICAN REPUBLIC (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
3,672 3,653 2,996 1,033 282 17 1,962 657 520 33 19 0
3,311 3,311 2,565 1,132 292 14 1,433 746 506 121 0 0
5,770 5,769 3,146 1,807 405 11 1,339 2,623 1,147 980 2 0
6,634 6,221 3,497 1,901 438 10 1,596 2,724 1,452 1,106 414 412
7,118 6,273 3,626 1,886 472 9 1,741 2,646 1,326 1,194 845 844
7,689 6,846 4,353 1,883 449 9 2,469 2,493 1,201 1,200 843 843
8,600 7,757 5,327 2,608 748 8 2,718 2,431 1,076 1,276 843 843
9,958 9,115 6,165 3,074 864 7 3,091 2,950 1,721 1,155 843 843
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
195 195 187 157 36 0 30 8 0 8 0 0
303 303 147 100 39 0 46 156 0 90 0 0
674 673 402 199 64 0 204 271 0 227 2 0
1,560 1,148 613 187 67 0 426 534 324 193 412 412
1,250 820 454 184 73 0 270 366 0 357 431 431
1,298 1,298 1,023 213 20 0 810 275 0 272 0 0
1,391 1,391 1,302 904 352 0 399 89 0 85 0 0
2,061 2,061 1,127 622 175 0 505 935 750 170 0 0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
200 184 161 79 40 1 82 23 0 3 16 0
257 257 217 63 21 1 154 40 4 18 0 0
763 763 171 110 38 1 61 592 336 163 0 0
918 918 373 113 34 1 261 544 20 173 0 0
813 813 353 215 39 1 137 460 125 291 0 0
699 698 294 215 43 1 80 404 125 242 1 0
770 769 338 191 54 1 147 432 125 288 0 0
670 670 295 151 59 1 143 375 105 252 0 0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
145 143 120 51 20 0 69 23 13 3 2 0
211 211 158 58 22 0 100 53 38 7 0 0
211 211 108 82 21 0 26 103 16 37 0 0
255 253 142 90 23 0 52 112 45 56 2 2
327 271 147 98 25 0 50 123 56 61 57 57
446 337 136 87 24 0 48 202 125 70 108 108
431 323 150 83 22 0 67 173 113 56 108 108
443 334 155 91 30 0 64 179 134 42 108 108
173 105
-145 311
-53 96
1,481 1,249
1,589 1,516
-22 25
926 627
1,999 2,044
2 0 0
0 1 0
1,209 0 316
203 0 0
0 0 0
0 0 0
0 0 0
0 0 0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
638 134
531 128
696 121
866 101
504 80
483 71
422 63
399 55
499 297
858 263
699 212
352 191
272 182
207 172
142 167
692 136
Notes: Data include the effects of Paris Club debt restructuring agreement signed in 2005. Long-term private nonguaranteed debt data only cover Inter-American Development Bank and Bonds.
129
ECUADOR (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
13,877 12,391 11,951 440 173 1,312 12
13,254 12,310 10,875 1,435 148 797 3
17,316 15,519 10,850 4,668 78 1,719 1
17,296 15,284 10,304 4,980 23 1,990 0
17,797 15,902 10,719 5,183 0 1,894 0
17,379 15,694 10,053 5,642 0 1,685 31
14,130 12,735 6,920 5,815 0 1,396 37
14,815 14,446 8,598 5,848 0 369 37
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
10 11,951 440 1,162
6 10,875 1,435 404
5 10,850 4,668 1,328
0 10,304 4,980 1,303
0 10,715 5,188 1,248
1 10,036 5,659 17
1 6,894 5,841 166
1 8,569 5,877 4,890
External debt flows Disbursements Long-term external debt IMF purchases
1,028 1,028 0
1,125 976 150
3,154 3,154 0
2,638 2,638 0
3,048 3,048 0
1,776 1,776 0
1,419 1,419 0
3,059 3,059 0
Principal repayments Long-term external debt IMF repurchases
750 721 29
1,065 1,065 0
3,242 3,047 195
2,935 2,877 58
2,362 2,339 23
1,704 1,704 0
4,388 4,388 0
1,351 1,351 0
Net flows Long-term external debt Short-term external debt
-173 307 -451
-194 -89 -254
-234 106 -145
-27 -239 271
591 709 -95
-168 72 -240
-3,264 -2,969 -295
681 1,708 -1,027
Interest payments Long-term external debt IMF charges Short-term external debt
656 565 10 81
813 708 4 102
957 842 7 107
1,271 1,175 3 93
1,325 1,227 1 97
1,009 926 0 84
642 578 0 64
498 484 0 14
452 13
-23 0
493 2
271 0
194 0
1,001 1
316 2
167 ..
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 4.1 0.7 0.0 71.2
.. 4.5 0.8 0.0 83.3
3.4 3.5 0.7 0.0 87.4
3.5 3.4 0.8 0.0 87.7
3.4 3.1 0.7 0.0 88.7
3.0 2.6 0.5 0.0 90.0
4.1 3.3 0.8 0.0 86.7
2.8 2.6 0.6 0.0 90.3
6.2 16.4 6.0
6.9 17.2 5.2
6.6 8.1 2.9
6.7 16.7 4.5
5.4 20.9 4.2
3.0 18.7 2.2
3.3 23.2 5.6
5.1 12.0 3.7
7.9 12.0 2.5
7.5 9.9 2.5
9.3 10.0 9.8
6.0 10.7 1.9
0.0 0.0 0.0
6.3 12.6 3.1
0.0 0.0 0.0
0.0 0.0 0.0
19,281 5,295 386 6,736 144 -1,000 1,788
14,530 5,976 1,322 6,403 329 926 1,179
35,245 11,566 2,460 13,880 1,004 347 2,148
39,813 14,378 2,934 15,863 977 1,618 2,026
43,742 16,329 3,094 17,924 1,160 1,588 3,521
53,088 20,647 2,828 22,506 787 1,087 4,473
56,091 15,607 2,502 18,372 822 -268 3,792
64,195 19,686 2,569 23,790 .. -1,794 2,622
262.1 72.0 26.6 9.5 21.9 12.9 3.2
221.8 91.2 31.4 6.0 27.7 8.9 2.2
149.7 49.1 36.3 9.9 20.8 12.4 1.9
120.3 43.4 29.3 11.5 23.1 11.7 1.5
109.0 40.7 22.6 10.6 26.2 19.8 2.4
84.2 32.7 13.1 9.7 24.7 25.7 2.4
90.5 25.2 32.2 9.9 30.8 26.8 2.5
75.3 23.1 9.4 2.5 34.9 17.7 1.3
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
130
ECUADOR (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
12,391 11,951 5,210 3,044 1,082 26 2,165 6,742 5,999 385 440 10
12,310 10,875 5,881 3,670 840 21 2,212 4,993 3,950 910 1,435 0
15,519 10,850 5,948 3,609 799 15 2,339 4,902 4,600 241 4,668 0
15,284 10,304 6,136 3,988 746 14 2,147 4,168 3,860 212 4,980 0
15,902 10,719 6,592 4,658 684 13 1,934 4,128 3,860 194 5,183 0
15,694 10,053 5,964 4,293 612 12 1,672 4,088 3,860 163 5,642 0
12,735 6,920 5,855 4,346 532 11 1,509 1,065 873 134 5,815 0
14,446 8,598 7,575 5,171 446 10 2,404 1,023 868 105 5,848 0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
1,028 818 733 593 319 0 141 85 0 57 210 10
976 595 524 446 69 0 78 71 0 71 381 0
3,154 991 318 316 39 0 2 674 650 24 2,162 0
2,638 928 844 840 21 0 4 83 0 22 1,710 0
3,048 1,357 1,333 1,323 8 0 9 24 0 24 1,691 0
1,776 353 343 339 5 0 5 10 0 10 1,423 0
1,419 384 382 377 0 0 5 2 0 2 1,035 0
3,059 2,307 2,305 1,229 3 0 1,076 2 0 2 752 0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
721 711 486 235 98 1 252 225 10 59 10 0
1,065 548 397 324 89 1 73 151 0 119 517 0
3,047 922 802 409 74 1 393 120 0 101 2,125 0
2,877 1,585 772 481 74 1 291 813 740 51 1,292 0
2,339 1,028 963 685 70 1 277 65 0 42 1,311 0
1,704 962 914 733 77 1 180 49 0 41 741 0
4,388 3,526 501 321 81 1 180 3,025 2,987 31 862 0
1,351 633 589 403 89 1 185 44 6 31 718 0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
565 563 321 173 69 0 148 242 147 50 1 0
708 535 295 264 74 0 31 240 140 89 172 0
842 657 275 171 32 0 104 383 367 12 185 0
1,175 749 317 220 40 0 97 432 410 16 426 0
1,227 736 327 238 42 0 89 409 392 10 492 0
926 655 311 246 33 0 64 345 331 9 270 0
578 329 226 177 23 0 49 103 91 7 248 0
484 325 254 173 17 0 82 71 61 6 159 0
-1,084 -173
-2,740 -194
-133 -234
-19 -27
501 591
-418 -168
-3,249 -3,264
685 681
5,818 1,180 0
4,674 2,522 0
0 2 0
0 1 0
0 4 0
0 3 0
0 5 2,987
0 6 0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
987 270
1,158 297
925 281
866 255
584 230
644 214
714 187
674 159
1,219 274
1,611 322
691 227
452 182
1,261 178
381 88
450 109
241 45
Notes: Short-term debt data from 2007 are based on reports provided by the country.
131
EGYPT, ARAB REPUBLIC OF (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
33,475 31,000 30,687 313 103 2,372 4
29,010 24,906 24,333 573 0 4,104 0
30,184 28,529 28,436 93 0 1,656 2
30,556 28,837 28,756 81 0 1,720 1
33,998 31,762 31,742 21 0 2,236 1
33,365 30,522 30,442 80 0 2,842 0
33,308 30,746 30,672 74 0 2,561 0
34,844 31,695 31,641 54 0 3,149 0
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
148 30,684 316 207
14 24,332 574 981
8 28,150 379 3,053
2 28,316 520 2,369
2 31,136 626 1,437
2 29,908 614 2,650
2 30,232 514 2,185
0 31,281 414 3,846
External debt flows Disbursements Long-term external debt IMF purchases
642 642 0
569 569 0
3,020 3,020 0
791 791 0
3,152 3,152 0
1,124 1,124 0
2,071 2,071 0
3,382 3,382 0
Principal repayments Long-term external debt IMF repurchases
988 894 94
1,100 1,100 0
1,573 1,573 0
1,626 1,626 0
2,014 2,014 0
2,311 2,311 0
2,040 2,040 0
2,106 2,106 0
Net flows Long-term external debt Short-term external debt
92 -251 438
-720 -530 -189
1,383 1,447 -64
-770 -835 65
1,654 1,138 516
-579 -1,186 607
-250 31 -281
1,864 1,276 588
Interest payments Long-term external debt IMF charges Short-term external debt
1,393 1,252 9 132
733 619 0 113
699 616 0 83
840 744 0 96
907 795 0 112
934 821 0 113
870 767 0 102
867 741 0 126
598 0
1,235 269
5,376 729
10,043 502
11,578 -3,199
9,495 -674
6,712 393
6,386 ..
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 13.1 1.4 2.7 34.5
.. 13.8 1.2 2.1 39.8
32.6 12.5 1.9 1.8 38.1
35.1 12.1 2.0 1.9 35.8
35.5 10.6 1.8 1.7 36.1
34.3 13.3 1.3 1.8 35.1
35.4 12.7 1.3 1.7 34.1
31.2 13.1 1.1 1.7 38.3
3.1 22.0 6.6
4.7 21.7 5.9
5.2 18.8 7.6
4.5 21.3 7.1
2.2 16.5 6.5
3.0 21.6 6.0
1.4 21.3 7.0
0.9 25.7 6.7
6.5 4.3 2.4
5.8 4.3 3.1
4.4 7.6 7.1
2.2 5.3 3.1
6.4 6.6 4.8
1.3 3.7 2.4
5.1 6.4 1.4
6.0 16.6 16.4
60,300 14,838 3,226 19,123 228 -254 17,122
100,770 18,735 2,852 23,878 92 -971 13,785
89,432 32,141 5,017 35,787 647 2,103 21,857
108,015 39,241 5,330 42,375 915 2,635 26,007
131,650 47,707 7,656 55,618 1,015 412 32,214
164,178 57,826 8,694 68,999 680 -1,415 34,331
189,138 45,601 7,150 56,910 2,101 -3,349 34,897
214,548 49,365 7,725 66,239 .. -4,435 37,029
225.6 55.5 16.0 7.1 12.0 51.1 10.7
154.8 28.8 9.8 14.1 13.5 47.5 6.9
93.9 33.8 7.1 5.5 16.8 72.4 7.3
77.9 28.3 6.3 5.6 18.1 85.1 7.4
71.3 25.8 6.1 6.6 21.9 94.8 7.0
57.7 20.3 5.6 8.5 22.3 102.9 6.0
73.0 17.6 6.4 7.7 25.3 104.8 7.4
70.6 16.2 6.0 9.0 25.9 106.3 6.7
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
132
EGYPT, ARAB REPUBLIC OF (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
31,000 30,687 28,934 4,022 1,320 1,035 24,912 1,753 0 560 313 0
24,906 24,333 23,794 3,915 639 1,266 19,879 540 0 317 573 100
28,529 28,436 25,662 5,076 492 1,420 20,585 2,774 1,829 798 93 0
28,837 28,756 26,437 5,536 544 1,481 20,901 2,318 1,576 608 81 0
31,762 31,742 28,772 7,443 1,181 1,490 21,328 2,970 2,199 665 21 0
30,522 30,442 27,855 7,446 1,255 1,444 20,409 2,588 2,184 314 80 0
30,746 30,672 28,372 8,412 1,850 1,400 19,959 2,301 1,883 333 74 0
31,695 31,641 27,863 9,019 2,543 1,338 18,844 3,778 3,333 374 54 0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
642 642 602 392 42 83 209 40 0 31 0 0
569 362 218 168 6 49 50 144 0 132 207 0
3,020 3,020 1,061 873 97 69 188 1,958 1,250 707 0 0
791 791 729 578 108 57 151 62 0 60 0 0
3,152 3,151 2,414 2,230 723 13 183 738 643 83 0 0
1,124 1,054 957 686 143 11 271 97 0 93 70 0
2,071 2,062 1,965 1,513 684 2 452 97 0 97 9 0
3,382 3,377 1,772 1,362 777 10 410 1,605 1,500 104 5 0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
894 832 542 310 198 14 232 290 0 91 62 0
1,100 984 863 298 87 23 564 121 0 57 116 0
1,573 1,573 1,346 427 77 41 919 227 0 201 0 0
1,626 1,625 1,354 370 66 42 984 271 0 254 1 0
2,014 1,953 1,869 669 97 47 1,199 84 0 36 61 0
2,311 2,300 1,831 573 77 50 1,259 469 0 437 11 0
2,040 2,021 1,909 619 89 52 1,290 112 0 86 20 0
2,106 2,080 2,014 589 83 54 1,425 66 0 46 25 0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
1,252 1,228 1,121 232 114 7 889 106 0 44 24 0
619 603 573 147 41 9 425 31 0 16 16 12
616 612 545 136 21 11 409 68 51 12 4 0
744 725 581 174 27 11 406 145 106 35 19 0
795 793 673 229 47 11 444 120 84 34 2 0
821 818 705 259 58 11 446 112 85 24 3 0
767 765 645 230 55 10 414 120 112 7 2 0
741 740 572 200 41 10 372 168 157 8 1 0
976 92
-1,875 -720
-854 1,383
372 -770
3,442 1,654
-633 -579
-57 -250
1,536 1,864
309 54 0
22 25 0
1 0 0
1 0 0
1 0 0
0 0 0
0 0 0
0 0 0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
3,111 599
3,714 550
3,430 490
3,047 424
3,021 362
2,735 310
1,585 267
1,625 234
323 317
506 275
60 240
57 209
1,304 152
50 95
40 94
34 93
Notes: Short-term debt is based on the Central Bank data from 2001. Data on long-term private nonguaranteed debt are revised based on reports provided by the country.
133
EL SALVADOR (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
2,509 1,984 1,979 5 0 525 3
4,467 2,822 2,710 111 0 1,645 0
9,265 7,409 4,786 2,622 0 1,856 0
10,168 8,878 5,589 3,289 0 1,289 0
9,807 8,515 5,435 3,079 0 1,292 0
10,601 9,059 5,743 3,316 0 1,542 0
10,102 9,239 6,100 3,139 0 863 0
11,069 9,964 6,394 3,569 0 1,105 0
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
6 1,972 11 832
0 2,705 117 347
0 4,782 2,626 693
0 5,585 3,293 1,146
0 5,432 3,083 251
0 5,739 3,319 1,068
0 6,097 3,142 810
0 6,392 3,572 943
External debt flows Disbursements Long-term external debt IMF purchases
206 206 0
371 371 0
1,222 1,222 0
1,643 1,643 0
251 251 0
1,042 1,042 0
1,216 1,216 0
1,055 1,055 0
Principal repayments Long-term external debt IMF repurchases
160 160 0
157 157 0
405 405 0
671 671 0
550 550 0
488 488 0
685 685 0
602 602 0
Net flows Long-term external debt Short-term external debt
383 46 337
807 214 592
894 817 77
405 972 -567
-296 -299 3
804 554 250
-148 531 -679
694 452 242
Interest payments Long-term external debt IMF charges Short-term external debt
120 98 0 22
212 139 0 73
445 344 0 101
564 464 0 100
539 466 0 74
518 484 0 34
491 475 0 15
477 464 0 13
38 0
173 0
55 ..
18 ..
105 ..
371 ..
231 ..
-6 ..
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 1.8 0.0 0.0 46.7
.. 6.7 0.0 0.0 68.3
3.5 4.9 0.0 0.0 81.5
3.3 4.3 0.0 0.0 84.1
3.8 4.7 0.0 0.0 83.2
3.4 5.9 0.0 0.0 83.5
3.2 5.2 0.0 0.0 85.3
2.8 5.2 0.0 0.0 86.5
6.5 22.3 5.2
7.2 18.6 4.0
5.1 18.8 2.2
6.0 18.3 4.0
5.6 21.9 3.3
5.5 10.7 3.3
2.5 24.8 4.9
2.2 19.8 3.9
6.1 26.3 5.8
9.6 9.2 2.3
7.7 30.4 30.4
7.6 27.9 27.9
0.0 0.0 0.0
4.1 2.0 2.0
0.0 0.0 0.0
0.0 0.0 0.0
9,404 2,094 1,064 3,744 0 -262 940
12,881 3,803 1,765 6,031 60 -431 1,901
16,491 4,585 3,030 8,242 181 -622 1,890
18,123 5,033 3,485 9,270 91 -766 1,963
19,801 5,512 3,712 10,474 159 -1,217 2,304
21,571 5,940 3,758 11,219 39 -1,532 2,646
20,437 4,869 3,405 8,615 172 -304 3,122
20,815 5,672 3,449 9,759 102 -488 2,897
119.8 26.7 13.4 20.9 54.7 37.5 3.0
117.5 34.7 9.7 36.8 42.5 42.6 3.8
202.1 56.2 18.5 20.0 26.2 20.4 2.8
202.0 56.1 24.5 12.7 24.7 19.3 2.5
177.9 49.5 19.8 13.2 25.6 23.5 2.6
178.5 49.1 16.9 14.5 26.1 25.0 2.8
207.5 49.4 24.1 8.5 31.4 30.9 4.3
195.1 53.2 19.0 10.0 31.9 26.2 3.6
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
134
EL SALVADOR (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
1,984 1,979 1,870 1,374 307 20 496 109 0 74 5 0
2,822 2,710 2,505 1,900 309 16 605 205 82 102 111 0
7,409 4,786 3,067 2,431 436 12 636 1,719 1,636 58 2,622 0
8,878 5,589 3,141 2,507 417 11 633 2,448 2,344 78 3,289 0
8,515 5,435 3,160 2,507 401 10 653 2,275 2,242 5 3,079 0
9,059 5,743 3,475 2,770 400 9 705 2,267 2,174 68 3,316 0
9,239 6,100 3,836 3,170 569 9 666 2,264 2,174 66 3,139 0
9,964 6,394 4,175 3,526 915 8 648 2,220 2,199 0 3,569 0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
206 206 201 165 26 0 35 5 0 5 0 0
371 321 200 159 34 0 41 120 32 87 51 0
1,222 682 337 308 129 0 28 345 343 0 540 0
1,643 998 373 347 25 0 25 625 625 0 645 0
251 251 250 226 35 0 24 0 0 0 0 0
1,042 666 601 563 52 0 38 65 0 65 376 0
1,216 910 910 905 228 0 5 0 0 0 306 0
1,055 707 707 707 408 0 0 0 0 0 348 0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
160 157 123 78 21 1 45 33 0 25 3 0
157 124 120 87 17 1 33 4 0 4 33 0
405 244 228 184 40 1 44 16 0 14 160 0
671 457 330 287 44 1 43 127 121 5 214 0
550 340 280 241 51 1 39 60 30 28 210 0
488 349 346 305 53 1 41 4 0 2 139 0
685 557 554 508 59 1 45 4 0 2 127 0
602 453 386 341 63 1 44 68 0 66 149 0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
98 98 89 62 22 0 27 9 0 7 0 0
139 132 123 103 24 0 19 9 8 1 7 0
344 257 118 101 14 0 17 139 133 6 87 0
464 334 126 111 22 0 16 207 206 1 131 0
466 348 137 123 24 0 14 211 209 2 117 0
484 368 136 121 19 0 15 232 232 0 116 0
475 373 139 124 16 0 15 235 232 3 102 0
464 349 117 101 13 0 15 233 232 1 115 0
412 383
778 807
748 894
903 405
-361 -296
794 804
-499 -148
967 694
0 0 0
0 17 0
0 0 0
0 0 0
0 0 0
0 3 0
0 0 0
0 0 0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
478 137
392 122
268 109
274 98
282 89
289 79
281 70
268 61
1,176 330
679 271
605 235
359 214
289 197
219 184
184 173
145 164
Notes: Data on long-term private nonguaranteed debt for 2010 are World Bank staff estimates based on reports provided by the country.
135
ERITREA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
37 37 37 0 0 0 0
300 298 298 0 0 2 2
725 723 723 0 0 2 2
785 781 781 0 0 4 4
859 856 856 0 0 4 4
961 957 957 0 0 4 4
1,019 1,013 1,013 0 0 6 6
1,010 1,003 1,003 0 0 7 7
0 37 0 111
5 298 0 174
14 723 0 0
21 781 0 39
18 856 0 46
8 957 0 80
13 1,013 0 49
21 1,003 0 0
External debt flows Disbursements Long-term external debt IMF purchases
7 7 0
51 51 0
71 71 0
38 38 0
42 42 0
105 105 0
58 58 0
8 8 0
Principal repayments Long-term external debt IMF repurchases
0 0 0
0 0 0
12 12 0
6 6 0
2 2 0
7 7 0
11 11 0
12 12 0
Net flows Long-term external debt Short-term external debt
7 7 0
50 50 0
59 59 0
32 32 0
40 40 0
98 98 0
46 46 0
-4 -4 0
Interest payments Long-term external debt IMF charges Short-term external debt
0 0 0 0
2 2 0 0
8 8 0 0
6 6 0 0
4 4 0 0
9 9 0 0
10 10 0 0
10 10 0 0
.. ..
28 ..
-1 ..
0 ..
0 ..
0 ..
0 ..
.. ..
1. Summary external debt data External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 0.0 0.0 0.0 66.3
.. 0.0 0.0 0.0 57.0
5.3 0.0 0.0 0.0 68.5
5.4 0.0 0.0 0.0 68.1
5.5 0.0 0.0 0.0 67.9
4.7 0.0 0.0 0.0 66.6
4.4 0.0 0.0 0.0 67.8
4.0 0.0 0.0 0.0 67.4
2.0 23.9 5.6
0.7 39.7 10.4
0.0 0.0 0.0
2.0 22.9 6.3
2.0 17.6 3.1
5.5 5.5 3.0
1.7 18.2 5.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
586 142 .. 498 0 -31 40
634 107 3 510 4 -105 36
1,089 .. .. .. .. .. 28
1,202 .. .. .. .. .. 25
1,311 .. .. .. .. .. 34
1,368 .. .. .. .. .. 58
1,839 .. .. .. .. .. 90
2,097 .. .. .. .. .. 114
25.8 6.3 0.1 .. 66.3 110.4 1.0
280.7 47.3 2.8 0.7 50.6 12.0 0.8
.. 66.5 .. 0.2 70.4 3.9 ..
.. 65.3 .. 0.5 71.6 3.2 ..
.. 65.6 .. 0.4 71.3 4.0 ..
.. 70.3 .. 0.5 66.9 6.0 ..
.. 55.4 .. 0.6 64.5 8.8 ..
.. 48.2 .. 0.7 64.5 11.3 ..
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
136
ERITREA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
37 37 37 24 0 24 12 0 0 0 0 0
298 298 298 152 0 84 146 0 0 0 0 0
723 723 690 510 0 381 180 33 0 0 0 0
781 781 745 562 0 419 183 37 0 0 0 0
856 856 815 613 0 457 201 41 0 0 0 0
957 957 917 644 0 473 274 40 0 0 0 0
1,013 1,013 972 658 0 477 315 41 0 0 0 0
1,003 1,003 965 651 0 468 313 38 0 0 0 0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
7 7 7 5 0 5 2 0 0 0 0 0
51 51 51 39 0 32 12 0 0 0 0 0
71 71 71 70 0 57 1 0 0 0 0 0
38 38 37 33 0 20 4 0 0 0 0 0
42 42 42 28 0 21 14 0 0 0 0 0
105 105 104 32 0 23 72 1 0 0 0 0
58 58 58 12 0 4 46 0 0 0 0 0
8 8 8 8 0 4 0 0 0 0 0 0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0
12 12 12 7 0 1 5 0 0 0 0 0
6 6 6 4 0 1 2 0 0 0 0 0
2 2 2 1 0 1 0 0 0 0 0 0
7 7 7 5 0 3 1 0 0 0 0 0
11 11 11 7 0 3 4 0 0 0 0 0
12 12 12 8 0 4 4 0 0 0 0 0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
0 0 0 0 0 0 0 0 0 0 0 0
2 2 2 1 0 0 1 0 0 0 0 0
8 8 8 6 0 3 3 0 0 0 0 0
6 6 6 5 0 4 1 0 0 0 0 0
4 4 4 4 0 3 0 0 0 0 0 0
9 9 9 5 0 3 4 0 0 0 0 0
10 10 10 5 0 3 5 0 0 0 0 0
10 10 10 5 0 4 5 0 0 0 0 0
8 7
47 50
19 59
60 32
74 40
102 98
57 46
-9 -4
0 0 0
0 0 0
0 0 0
0 0 0
17 6 0
21 0 0
5 0 0
0 0 0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
72 12
72 10
71 9
46 8
39 7
35 7
36 6
34 6
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
Notes: Data on long-term public and publicly guaranteed debt for 2010 are World Bank staff estimates.
137
ETHIOPIA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
10,322 9,788 9,788 0 73 460 437
5,495 5,339 5,339 0 77 79 65
6,208 5,928 5,928 0 160 120 36
2,277 2,201 2,201 0 0 76 36
2,620 2,571 2,571 0 0 49 32
2,879 2,829 2,829 0 0 50 32
5,030 4,817 4,817 0 168 45 32
7,147 6,545 6,545 0 288 314 30
3,628 9,788 0 170
652 5,339 0 500
508 5,928 0 748
374 2,201 0 1,904
373 2,571 0 992
373 2,829 0 1,234
373 4,817 0 1,539
364 6,545 0 2,619
External debt flows Disbursements Long-term external debt IMF purchases
232 232 0
185 185 0
527 527 0
370 370 0
376 376 0
379 379 0
2,310 2,145 165
1,882 1,760 122
Principal repayments Long-term external debt IMF repurchases
92 92 0
85 72 13
40 36 4
89 89 0
88 88 0
72 72 0
62 62 0
130 130 0
Net flows Long-term external debt Short-term external debt
133 140 -8
90 114 -11
478 491 -9
237 281 -44
265 289 -23
309 307 1
2,244 2,084 -5
2,023 1,630 271
Interest payments Long-term external debt IMF charges Short-term external debt
63 61 0 1
53 52 0 1
54 49 1 3
49 47 0 3
45 44 0 1
40 39 0 1
42 40 0 1
62 50 0 13
14 ..
135 ..
265 ..
545 ..
222 ..
109 ..
221 ..
184 ..
1. Summary external debt data External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 0.4 0.2 0.1 29.0
.. 0.3 0.3 0.1 75.8
5.6 0.2 0.0 0.0 72.4
14.9 0.1 0.0 0.0 63.6
17.5 0.1 0.0 0.0 58.3
16.9 0.1 0.0 0.0 55.3
8.5 0.0 0.0 0.0 68.8
10.1 0.0 0.0 0.0 70.3
1.0 36.3 9.3
0.8 38.4 10.0
0.9 32.3 6.3
1.1 34.9 8.9
0.9 39.5 9.6
2.8 25.5 6.2
1.3 31.4 8.7
1.7 27.3 8.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
6.4 16.8 3.3
5.2 7.5 2.9
4.7 6.6 2.9
4.5 10.2 2.9
2.0 13.3 1.0
7,545 836 27 1,533 0 39 815
8,119 1,008 53 1,673 9 13 363
12,271 1,973 174 4,943 21 -1,568 1,043
15,126 2,254 172 5,314 24 -1,786 867
19,567 2,729 358 6,945 18 -828 1,290
26,662 3,552 387 9,653 17 -1,806 871
31,921 3,440 262 9,089 18 -2,191 1,781
29,625 .. 225 .. .. .. ..
1,234.8 136.8 18.5 4.5 22.8 7.9 6.4
544.9 67.7 13.7 1.4 50.1 6.6 2.6
314.7 50.6 4.7 1.9 75.8 16.8 2.5
101.0 15.1 6.2 3.3 47.5 38.1 2.0
96.0 13.4 4.9 1.9 52.5 49.2 2.2
81.1 10.8 3.1 1.7 55.7 30.2 1.1
146.2 15.8 3.0 0.9 46.0 35.4 2.4
.. 24.1 .. 4.4 39.3 .. ..
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
138
ETHIOPIA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
9,788 9,788 9,198 2,354 0 1,470 6,844 590 0 253 0 0
5,339 5,339 5,226 2,752 0 1,779 2,473 113 0 12 0 0
5,928 5,928 5,564 4,703 0 3,359 861 364 0 1 0 0
2,201 2,201 1,885 1,082 0 553 803 316 0 0 0 0
2,571 2,571 2,299 1,376 0 711 923 272 0 0 0 0
2,829 2,829 2,590 1,603 0 859 987 239 0 0 0 0
4,817 4,817 3,556 2,313 0 1,422 1,243 1,260 0 0 0 0
6,545 6,545 4,638 2,812 0 1,804 1,825 1,907 0 300 0 0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
232 232 232 209 0 84 23 0 0 0 0 0
185 185 184 181 0 137 3 2 0 0 0 0
527 527 400 323 0 162 76 127 0 0 0 0
370 370 370 290 0 179 80 0 0 0 0 0
376 376 376 272 0 132 104 0 0 0 0 0
379 379 379 285 0 160 95 0 0 0 0 0
2,145 2,145 1,098 756 0 553 341 1,048 0 0 0 0
1,760 1,760 1,021 504 0 389 518 739 0 305 0 0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
92 92 44 40 4 12 3 48 0 39 0 0
72 72 62 56 0 21 6 10 0 4 0 0
36 36 25 15 0 0 10 11 0 0 0 0
89 89 44 34 0 0 10 45 0 1 0 0
88 88 44 34 0 0 9 44 0 0 0 0
72 72 39 30 0 3 8 33 0 0 0 0
62 62 34 28 0 4 6 27 0 0 0 0
130 130 39 32 0 4 7 91 0 5 0 0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
61 61 32 24 0 11 9 29 0 27 0 0
52 52 48 34 0 13 14 4 0 1 0 0
49 49 40 29 0 15 11 10 0 0 0 0
47 47 30 25 0 9 5 17 0 0 0 0
44 44 29 17 0 6 12 15 0 0 0 0
39 39 27 19 0 7 8 11 0 0 0 0
40 40 33 19 0 8 14 8 0 0 0 0
50 50 35 23 0 11 12 15 0 1 0 0
244 133
-62 90
-455 478
-3,931 237
343 265
259 309
2,151 2,244
2,118 2,023
30 8 0
0 0 0
168 452 0
0 4,357 0
0 13 0
0 31 0
0 0 0
0 11 0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
130 68
142 77
162 82
207 86
281 86
303 83
342 79
354 74
231 35
236 35
252 32
246 29
230 24
209 19
185 16
185 13
Notes: Ethiopia was granted debt relief effective in 2006 under MDRI.
139
FIJI (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
178.2 163.2 163.2 0.0 0.0 15.0 0.1
172.6 172.4 172.4 0.0 0.0 0.2 0.2
185.7 185.4 185.4 0.0 0.0 0.4 0.4
354.2 342.2 342.2 0.0 0.0 12.0 1.0
369.3 347.0 347.0 0.0 0.0 22.3 0.3
379.9 360.5 360.1 0.4 0.0 19.4 0.4
431.7 361.6 361.0 0.5 0.0 70.1 0.1
452.2 391.1 390.6 0.5 0.0 61.1 0.1
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
0.0 163.2 0.0 10.5
0.0 99.5 72.9 0.0
0.0 112.5 72.9 25.0
2.0 269.3 72.9 170.7
1.5 274.1 72.9 0.0
2.2 287.2 73.3 0.0
0.0 288.1 73.4 17.6
0.0 317.7 73.4 131.2
External debt flows Disbursements Long-term external debt IMF purchases
15.2 15.2 0.0
7.1 7.1 0.0
14.1 14.1 0.0
162.8 162.8 0.0
12.6 12.6 0.0
13.4 13.4 0.0
15.2 15.2 0.0
32.6 32.6 0.0
Principal repayments Long-term external debt IMF repurchases
31.2 31.2 0.0
16.9 16.9 0.0
8.5 8.5 0.0
7.6 7.6 0.0
10.4 10.4 0.0
7.8 7.8 0.0
9.8 9.8 0.0
7.6 7.6 0.0
Net flows Long-term external debt Short-term external debt
-17.1 -16.0 -1.1
-9.8 -9.8 0.0
-47.5 5.5 -53.0
166.2 155.2 11.0
13.2 2.2 11.0
2.6 5.6 -3.0
56.5 5.5 51.0
15.9 24.9 -9.0
Interest payments Long-term external debt IMF charges Short-term external debt
11.2 10.3 0.0 0.9
7.7 7.7 0.0 0.0
5.5 5.5 0.0 0.0
6.2 5.7 0.0 0.6
16.9 16.1 0.0 0.8
16.1 15.8 0.0 0.3
15.0 14.4 0.0 0.6
14.2 13.3 0.0 0.9
70.0 0.0
0.6 0.0
155.7 1.7
412.4 -3.0
337.8 4.2
309.4 1.4
56.1 -1.1
128.9 ..
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 0.0 3.3 0.0 0.8
.. 0.8 0.0 0.0 49.0
2.3 9.7 0.0 0.0 64.2
1.3 4.9 0.0 0.0 81.2
1.3 4.8 0.0 0.0 83.4
1.1 5.4 0.0 0.0 82.7
0.6 4.9 0.0 0.0 83.3
0.5 4.8 0.0 0.0 80.6
4.5 12.0 4.5
0.0 0.0 0.0
4.3 24.7 5.2
2.0 20.4 0.4
0.0 0.0 0.0
0.0 0.0 0.0
0.7 31.6 8.1
1.0 15.3 3.8
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
6.9 5.0 5.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
1931.1 1139.1 32.9 1254.7 83.7 -112.7 349.3
1717.4 1023.2 44.0 .. 0.0 .. 412.0
3050.1 1615.3 185.1 2088.3 114.7 -299.8 321.3
2982.2 1546.6 184.7 2343.1 162.5 -599.0 313.3
3304.9 1653.0 160.5 2316.6 116.9 -482.0 528.3
3537.2 1922.3 123.4 2749.6 56.9 -644.8 322.2
2829.1 1393.5 153.8 1809.8 30.3 -236.0 570.0
2983.4 .. 183.3 .. .. .. 720.5
15.6 9.2 3.7 8.4 84.0 196.0 3.3
16.9 10.1 2.4 0.1 51.4 238.7 ..
11.5 6.1 0.9 0.2 49.5 173.0 1.8
22.9 11.9 0.9 3.4 27.3 88.5 1.6
22.3 11.2 1.6 6.0 27.5 143.1 2.7
19.8 10.7 1.2 5.1 28.6 84.8 1.4
31.0 15.3 1.8 16.2 24.0 132.0 3.8
.. 15.2 .. 13.5 25.6 159.3 ..
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
140
FIJI (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
163.2 163.2 162.7 149.7 35.3 0.0 13.0 0.6 0.0 0.4 0.0 0.0
172.4 172.4 172.4 88.8 19.7 0.0 83.6 0.0 0.0 0.0 0.0 0.0
185.4 185.4 185.4 91.8 6.3 0.0 93.5 0.0 0.0 0.0 0.0 0.0
342.2 342.2 192.2 96.7 4.3 0.0 95.5 150.0 150.0 0.0 0.0 0.0
347.0 347.0 197.0 101.6 2.6 0.0 95.4 150.0 150.0 0.0 0.0 0.0
360.5 360.1 210.1 108.6 1.5 0.0 101.4 150.0 150.0 0.0 0.4 0.0
361.6 361.0 211.0 103.6 0.0 0.0 107.5 150.0 150.0 0.0 0.5 0.0
391.1 390.6 240.6 115.6 0.0 0.0 125.0 150.0 150.0 0.0 0.5 0.0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
15.2 15.2 15.2 15.2 5.6 0.0 0.0 0.0 0.0 0.0 0.0 0.0
7.1 7.1 7.1 5.6 1.0 0.0 1.5 0.0 0.0 0.0 0.0 0.0
14.1 14.1 14.1 14.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
162.8 162.8 12.8 9.7 0.0 0.0 3.1 150.0 150.0 0.0 0.0 0.0
12.6 12.6 12.6 12.6 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
13.4 13.2 13.2 10.0 0.0 0.0 3.3 0.0 0.0 0.0 0.2 0.0
15.2 15.0 15.0 5.3 0.0 0.0 9.7 0.0 0.0 0.0 0.3 0.0
32.6 32.6 32.6 16.7 0.0 0.0 15.9 0.0 0.0 0.0 0.0 0.0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
31.2 31.2 30.2 28.2 11.5 0.0 2.0 1.0 0.0 0.2 0.0 0.0
16.9 16.9 16.9 14.8 7.7 0.0 2.1 0.0 0.0 0.0 0.0 0.0
8.5 8.5 8.5 6.5 2.3 0.0 2.0 0.0 0.0 0.0 0.0 0.0
7.6 7.6 7.6 6.3 2.2 0.0 1.3 0.0 0.0 0.0 0.0 0.0
10.4 10.4 10.4 9.1 1.8 0.0 1.3 0.0 0.0 0.0 0.0 0.0
7.8 7.7 7.7 6.3 1.3 0.0 1.4 0.0 0.0 0.0 0.0 0.0
9.8 9.7 9.7 6.3 1.4 0.0 3.4 0.0 0.0 0.0 0.0 0.0
7.6 7.6 7.6 6.2 0.0 0.0 1.4 0.0 0.0 0.0 0.0 0.0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
10.3 10.3 10.2 9.5 3.0 0.0 0.7 0.1 0.0 0.1 0.0 0.0
7.7 7.7 7.7 5.2 1.4 0.0 2.5 0.0 0.0 0.0 0.0 0.0
5.5 5.5 5.5 3.2 0.4 0.0 2.3 0.0 0.0 0.0 0.0 0.0
5.7 5.7 5.7 3.8 0.3 0.0 1.9 0.0 0.0 0.0 0.0 0.0
16.1 16.1 5.8 4.1 0.2 0.0 1.6 10.3 10.3 0.0 0.0 0.0
15.8 15.8 5.5 3.8 0.1 0.0 1.7 10.3 10.3 0.0 0.0 0.0
14.4 14.4 4.1 2.5 0.0 0.0 1.5 10.3 10.3 0.0 0.0 0.0
13.3 13.3 3.0 1.2 0.0 0.0 1.8 10.3 10.3 0.0 0.0 0.0
-12.8 -17.1
-19.0 -9.8
-60.2 -47.5
168.5 166.2
15.1 13.2
10.6 2.6
51.8 56.5
20.5 15.9
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 2.2 0.0
0.0 0.0 0.0
0.0 4.1 0.0
0.0 0.0 0.0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
87.8 5.7
15.1 4.1
18.1 3.9
18.2 3.7
19.6 3.5
25.3 3.2
24.7 2.8
23.9 2.5
150.1 10.3
0.1 0.0
0.1 0.0
0.1 0.0
0.1 0.0
0.0 0.0
0.0 0.0
0.0 0.0
141
GABON (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
4,361 3,977 3,977 0 97 287 0
3,902 3,457 3,457 0 89 355 63
3,877 3,562 3,562 0 68 247 187
4,187 3,697 3,697 0 57 434 344
2,845 2,599 2,599 0 25 221 6
2,173 2,055 2,055 0 0 118 10
2,130 2,022 2,022 0 0 108 5
2,331 2,158 2,158 0 0 174 6
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
26 3,977 0 89
118 3,457 0 20
341 3,562 0 142
773 3,697 0 40
38 2,599 0 1,946
28 2,055 0 641
9 2,022 0 420
9 2,158 0 702
External debt flows Disbursements Long-term external debt IMF purchases
279 222 57
51 34 17
18 18 0
87 87 0
1,089 1,089 0
108 108 0
260 260 0
482 482 0
Principal repayments Long-term external debt IMF repurchases
216 165 52
198 188 10
136 111 25
128 114 14
2,280 2,246 34
642 617 25
315 315 0
307 307 0
Net flows Long-term external debt Short-term external debt
14 57 -49
-363 -154 -216
-58 -93 60
-11 -27 30
-1,066 -1,157 125
-641 -509 -107
-60 -55 -5
240 175 65
Interest payments Long-term external debt IMF charges Short-term external debt
240 217 5 17
154 124 4 26
57 52 3 2
42 36 3 3
386 377 3 6
228 224 1 4
148 144 0 4
138 133 0 5
-315 0
-43 0
242 0
268 0
269 0
209 0
33 0
170 0
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 0.9 5.0 0.8 11.5
.. 0.8 4.6 0.5 29.1
47.5 0.5 4.4 0.2 36.2
48.9 0.5 4.9 0.2 34.6
35.1 0.4 4.6 0.2 44.7
26.4 0.5 0.9 0.0 54.4
24.5 0.2 0.7 0.0 55.1
26.1 0.2 0.4 0.0 54.7
4.7 13.0 5.9
0.0 9.7 0.7
1.4 16.8 4.3
4.2 14.4 2.9
4.9 19.4 5.3
2.5 18.1 6.1
0.0 19.9 10.0
1.3 18.7 6.5
0.0 0.0 0.0
0.0 0.0 0.0
2.6 5.8 2.7
0.0 0.0 0.0
7.3 10.6 7.1
4.9 7.8 2.3
3.1 6.3 1.6
2.7 8.7 2.1
4,293 2,980 4 2,423 236 515 153
4,289 3,547 6 2,483 473 1,001 194
7,708 5,647 11 3,395 765 1,983 675
8,187 .. .. .. .. .. 1,122
10,082 .. .. .. .. .. 1,238
12,684 .. .. .. .. .. 1,935
9,874 .. .. .. .. .. 1,993
11,467 .. .. .. .. .. 1,736
146.3 101.6 15.3 6.6 13.5 3.5 0.8
110.0 91.0 9.9 9.1 12.0 5.0 0.9
68.7 50.3 3.4 6.4 10.1 17.4 2.4
.. 51.1 .. 10.4 9.7 26.8 ..
.. 28.2 .. 7.8 14.3 43.5 ..
.. 17.1 .. 5.4 17.5 89.0 ..
.. 21.6 .. 5.1 18.8 93.6 ..
.. 20.3 .. 7.5 16.5 74.5 ..
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
142
GABON (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
3,977 3,977 3,778 588 110 0 3,190 199 0 148 0 0
3,457 3,457 3,338 468 64 0 2,871 119 0 103 0 0
3,562 3,562 3,443 393 30 0 3,050 119 0 39 0 0
3,697 3,697 3,576 408 19 0 3,168 121 0 29 0 0
2,599 2,599 1,464 406 12 0 1,058 1,135 1,000 60 0 0
2,055 2,055 994 381 20 0 613 1,062 946 79 0 0
2,022 2,022 926 401 18 0 525 1,096 901 168 0 0
2,158 2,158 905 384 22 0 521 1,253 879 356 0 0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
222 222 222 150 4 0 72 0 0 0 0 0
34 34 13 11 9 0 2 21 0 21 0 0
18 18 18 15 0 0 3 0 0 0 0 0
87 87 61 57 0 0 4 26 0 0 0 0
1,089 1,089 41 37 0 0 4 1,048 1,000 37 0 0
108 108 62 17 12 0 45 45 0 45 0 0
260 260 147 74 4 0 73 113 0 107 0 0
482 482 195 67 7 0 128 287 0 236 0 0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
165 165 90 43 12 0 48 75 0 26 0 0
188 188 160 44 13 0 116 27 0 27 0 0
111 111 63 54 7 0 9 48 0 28 0 0
114 114 84 56 12 0 28 30 0 10 0 0
2,246 2,246 2,207 51 8 0 2,156 39 0 6 0 0
617 617 506 53 3 0 453 111 50 22 0 0
315 315 231 59 6 0 173 83 44 24 0 0
307 307 187 75 2 0 112 120 23 39 0 0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
217 217 174 26 8 0 148 44 0 26 0 0
124 124 118 42 5 0 75 7 0 7 0 0
52 52 46 21 1 0 24 7 0 5 0 0
36 36 32 21 2 0 11 4 0 3 0 0
377 377 372 21 1 0 350 5 0 2 0 0
224 224 139 19 1 0 120 85 80 4 0 0
144 144 53 20 1 0 33 91 75 14 0 0
133 133 34 11 0 0 23 99 74 25 0 0
189 14
-83 -363
-183 -58
310 -11
-1,342 -1,066
-672 -641
-43 -60
201 240
472 41 0
637 0 0
407 0 0
0 0 0
0 89 2,100
0 9 428
0 0 44
0 0 0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
186 27
128 23
96 22
92 22
114 22
114 20
120 18
119 16
119 97
180 103
180 101
155 96
151 91
140 85
988 81
75 6
Notes: Data on long-term public and publicly guaranteed debt before 2008 are World Bank staff estimates based on reports provided by the country and include the effects of Paris Club debt buyback agreement signed in 2007.
143
GAMBIA, THE (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
426.1 385.5 385.5 0.0 25.8 14.8 0.7
483.4 438.0 438.0 0.0 18.1 27.3 0.0
659.8 616.5 616.5 0.0 20.8 22.4 1.4
710.1 674.4 674.4 0.0 17.8 17.9 0.9
692.0 664.0 664.0 0.0 6.3 21.6 0.6
365.1 336.8 336.8 0.0 12.3 15.9 1.9
459.6 387.6 387.6 0.0 28.6 43.4 2.4
470.2 394.8 394.8 0.0 31.1 44.2 2.2
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
2.2 385.3 0.2 40.3
2.1 438.0 0.0 24.5
19.3 616.5 0.0 53.8
21.8 674.4 0.0 28.6
15.0 664.0 0.0 47.3
13.9 336.8 0.0 59.3
20.3 387.6 0.0 29.8
38.2 394.8 0.0 5.0
External debt flows Disbursements Long-term external debt IMF purchases
23.0 23.0 0.0
29.7 20.7 9.1
54.3 54.3 0.0
51.4 51.4 0.0
46.0 39.9 6.1
43.6 37.3 6.3
49.3 33.5 15.8
46.9 43.9 3.0
Principal repayments Long-term external debt IMF repurchases
21.7 15.5 6.2
14.3 12.7 1.6
18.1 16.1 2.0
20.8 16.8 4.0
23.7 20.1 3.7
10.3 10.3 0.0
11.3 11.3 0.0
12.5 12.5 0.0
Net flows Long-term external debt Short-term external debt
-7.6 7.5 -8.8
20.6 8.0 5.2
33.2 38.3 -3.0
26.6 34.7 -4.0
26.2 19.8 4.0
26.3 27.0 -7.0
64.9 22.2 27.0
35.4 31.4 1.0
Interest payments Long-term external debt IMF charges Short-term external debt
6.3 5.2 0.2 0.9
7.3 6.0 0.1 1.2
10.4 9.4 0.1 0.9
9.2 8.3 0.1 0.9
9.9 8.8 0.1 1.0
6.8 5.8 0.1 0.9
7.5 7.0 0.1 0.4
7.1 6.6 0.0 0.5
7.8 ..
.. ..
53.7 ..
82.2 ..
78.1 ..
78.6 ..
39.4 ..
37.4 ..
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 0.0 6.3 0.2 43.5
.. 0.0 4.8 0.0 51.2
3.5 0.0 2.7 0.0 55.2
3.3 0.0 2.4 0.0 54.2
3.6 0.0 2.3 0.0 48.0
5.2 0.0 0.0 0.0 50.8
5.0 0.0 0.0 0.0 46.6
5.9 0.0 0.0 0.0 47.1
3.5 21.3 6.2
1.7 27.4 6.8
2.8 30.1 7.6
0.2 29.2 8.6
2.4 25.2 7.6
1.9 25.0 6.2
0.6 24.1 6.4
0.2 25.0 1.4
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
4.7 12.4 2.4
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
377.1 181.0 .. 241.4 .. -8.2 106.1
400.4 .. .. .. .. .. 109.4
417.8 189.8 59.3 305.0 26.9 -43.4 98.3
459.7 205.5 63.8 358.7 32.9 -65.6 120.6
596.7 271.2 55.7 419.8 38.4 -58.4 142.8
776.0 335.8 64.8 407.4 42.8 10.9 116.5
690.3 290.0 79.8 362.3 11.7 63.0 224.2
742.9 270.0 115.7 330.3 11.5 52.4 201.6
235.4 113.0 15.5 3.5 76.6 24.9 5.3
.. 120.7 .. 5.7 71.1 22.6 ..
347.7 157.9 15.0 3.4 76.1 14.9 3.9
345.6 154.5 14.6 2.5 78.0 17.0 4.0
255.1 116.0 12.4 3.1 78.9 20.6 4.1
108.7 47.0 5.1 4.4 59.3 31.9 3.4
158.4 66.6 6.5 9.4 58.5 48.8 7.4
174.1 63.3 7.2 9.4 56.7 42.9 7.3
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
144
GAMBIA, THE (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
385.5 385.5 385.2 326.2 0.0 161.6 59.0 0.2 0.0 0.0 0.0 0.0
438.0 438.0 437.0 343.8 0.0 170.7 93.2 1.0 0.0 0.9 0.0 0.0
616.5 616.5 616.5 502.3 0.0 244.9 114.2 0.0 0.0 0.0 0.0 0.0
674.4 674.4 674.4 553.6 0.0 263.5 120.8 0.0 0.0 0.0 0.0 0.0
664.0 664.0 664.0 545.9 0.0 218.9 118.1 0.0 0.0 0.0 0.0 0.0
336.8 336.8 334.3 216.6 0.0 61.9 117.7 2.5 0.0 2.5 0.0 0.0
387.6 387.6 384.2 268.7 0.0 64.3 115.5 3.4 0.0 3.4 0.0 0.0
394.8 394.8 385.2 266.7 0.0 65.0 118.5 9.6 0.0 9.6 0.0 0.0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
23.0 23.0 23.0 19.0 0.0 11.6 4.0 0.0 0.0 0.0 0.0 0.0
20.7 20.7 20.7 17.1 0.0 7.7 3.6 0.0 0.0 0.0 0.0 0.0
54.3 54.3 54.3 47.1 0.0 18.9 7.2 0.0 0.0 0.0 0.0 0.0
51.4 51.4 51.4 41.3 0.0 11.7 10.1 0.0 0.0 0.0 0.0 0.0
39.9 39.9 39.9 31.1 0.0 1.1 8.7 0.0 0.0 0.0 0.0 0.0
37.3 37.3 35.8 31.3 0.0 2.4 4.5 1.5 0.0 1.5 0.0 0.0
33.5 33.5 32.7 29.5 0.0 2.4 3.3 0.8 0.0 0.8 0.0 0.0
43.9 43.9 37.4 24.4 0.0 2.2 13.1 6.4 0.0 6.4 0.0 0.0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
15.5 15.5 15.1 6.7 0.0 0.8 8.5 0.4 0.0 0.0 0.0 0.0
12.7 12.7 12.3 7.9 0.0 2.3 4.4 0.4 0.0 0.3 0.0 0.0
16.1 16.1 15.8 10.1 0.0 3.3 5.7 0.3 0.0 0.3 0.0 0.0
16.8 16.8 16.8 11.2 0.0 4.3 5.6 0.0 0.0 0.0 0.0 0.0
20.1 20.1 20.1 14.4 0.0 5.0 5.6 0.0 0.0 0.0 0.0 0.0
10.3 10.3 10.3 6.3 0.0 0.1 4.0 0.0 0.0 0.0 0.0 0.0
11.3 11.3 11.3 7.1 0.0 0.3 4.3 0.0 0.0 0.0 0.0 0.0
12.5 12.5 12.5 5.9 0.0 0.3 6.5 0.0 0.0 0.0 0.0 0.0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
5.2 5.2 5.2 3.5 0.0 1.2 1.7 0.0 0.0 0.0 0.0 0.0
6.0 6.0 5.9 3.6 0.0 1.2 2.3 0.1 0.0 0.1 0.0 0.0
9.4 9.4 9.4 5.2 0.0 1.9 4.2 0.0 0.0 0.0 0.0 0.0
8.3 8.3 8.3 5.0 0.0 2.0 3.3 0.0 0.0 0.0 0.0 0.0
8.8 8.8 8.8 5.1 0.0 2.0 3.7 0.0 0.0 0.0 0.0 0.0
5.8 5.8 5.8 3.0 0.0 0.5 2.8 0.0 0.0 0.0 0.0 0.0
7.0 7.0 7.0 4.4 0.0 0.5 2.7 0.0 0.0 0.0 0.0 0.0
6.6 6.6 6.6 3.5 0.0 0.5 3.1 0.0 0.0 0.0 0.0 0.0
3.1 -7.6
18.7 20.6
-13.4 33.2
50.3 26.6
-18.1 26.2
-326.9 26.3
94.5 64.9
10.6 35.4
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.7 0.0
0.0 0.2 0.0
0.0 14.4 0.0
7.4 228.4 0.0
24.0 0.0 0.0
20.8 0.0 0.0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
20.9 6.0
21.6 6.1
23.1 6.0
25.6 5.8
28.0 5.5
26.4 5.1
26.3 4.7
25.7 4.3
2.2 0.3
2.2 0.3
2.2 0.3
2.2 0.2
2.2 0.2
2.2 0.1
2.2 0.1
2.2 0.1
Notes: Data on long-term public and publicly guaranteed debt for 2009 have been revised based on reports provided by the country.
145
GEORGIA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
1,240 1,039 1,039 0 116 85 61
1,638 1,316 1,274 42 278 44 1
1,909 1,626 1,494 132 232 50 11
2,297 1,625 1,466 159 236 436 7
2,610 1,784 1,544 241 252 574 7
7,352 5,943 2,914 3,029 460 948 7
8,270 6,676 3,470 3,207 786 808 7
9,238 7,224 4,081 3,143 1,050 963 7
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
211 1,039 0 91
179 1,264 52 72
151 1,493 133 84
69 1,466 159 104
32 1,544 241 55
28 2,914 3,029 812
28 3,470 3,207 781
28 4,081 3,143 964
External debt flows Disbursements Long-term external debt IMF purchases
174 98 76
65 65 0
187 146 41
216 175 41
235 193 43
1,149 893 256
1,488 1,147 341
1,487 1,190 297
Principal repayments Long-term external debt IMF repurchases
0 0 0
68 42 26
157 103 54
234 185 49
143 103 40
458 423 35
502 474 28
532 510 22
Net flows Long-term external debt Short-term external debt
-272 98 -446
33 23 36
-30 43 -60
372 -10 389
231 89 138
1,065 470 374
846 673 -140
1,111 680 156
Interest payments Long-term external debt IMF charges Short-term external debt
20 17 3 0
49 43 5 1
30 27 1 2
39 31 1 7
49 31 1 17
252 223 2 27
280 248 7 25
281 245 12 25
.. ..
131 0
453 3
1,170 143
1,750 34
1,564 118
658 13
814 -20
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 0.0 0.0 0.4 75.3
.. 0.2 0.0 0.2 82.3
20.2 2.7 0.0 0.2 72.7
15.5 3.0 0.0 0.0 76.2
17.4 3.1 0.0 0.0 72.1
9.2 2.0 0.0 0.0 81.3
8.0 1.6 0.0 0.0 80.0
8.1 1.4 0.0 0.0 80.4
1.5 32.3 9.6
1.1 32.0 8.9
0.8 40.3 10.7
1.4 34.8 8.8
0.8 26.9 10.2
1.3 25.4 8.7
1.0 30.9 7.8
2.3 20.0 5.4
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
7.5 5.0 5.0
0.0 0.0 0.0
9.9 5.0 5.0
2,574 .. .. .. .. .. 199
3,175 844 274 1,248 0 -269 116
6,473 2,451 346 3,520 116 -710 479
7,909 2,893 485 4,592 94 -1,176 931
10,210 3,664 695 6,363 298 -2,009 1,361
12,642 4,183 732 8,159 361 -2,916 1,480
10,679 3,630 714 5,808 263 -1,210 2,110
11,484 4,480 806 6,909 471 -1,333 2,264
.. 48.2 .. 6.9 19.7 16.0 ..
194.1 51.6 13.9 2.7 29.2 7.1 1.1
77.9 29.5 7.6 2.6 42.9 25.1 1.6
79.4 29.0 9.4 19.0 39.4 40.5 2.4
71.2 25.6 5.2 22.0 38.9 52.2 2.6
175.8 58.2 17.0 12.9 16.2 20.1 2.2
227.8 77.4 21.5 9.8 18.6 25.5 4.4
206.2 80.4 18.1 10.4 19.5 24.5 3.9
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
146
GEORGIA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
1,039 1,039 939 245 0 84 694 100 0 0 0 0
1,316 1,274 1,272 478 0 347 794 2 0 0 42 0
1,626 1,494 1,492 819 0 679 673 2 0 0 132 0
1,625 1,466 1,464 904 0 785 560 2 0 0 159 0
1,784 1,544 1,542 1,015 0 885 527 2 0 0 241 0
5,943 2,914 1,720 1,190 0 989 530 1,194 500 692 3,029 0
6,676 3,470 2,095 1,535 100 1,153 560 1,375 500 874 3,207 0
7,224 4,081 2,390 1,802 173 1,186 588 1,691 750 940 3,143 0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
98 98 98 96 0 85 2 0 0 0 0 0
65 37 37 25 0 18 13 0 0 0 28 0
146 76 76 60 0 54 16 0 0 0 69 0
175 119 119 88 0 76 31 0 0 0 56 0
193 100 100 82 0 72 18 0 0 0 93 0
893 725 225 202 0 121 23 500 500 0 168 0
1,147 678 427 385 100 168 42 250 0 250 469 0
1,190 815 401 346 73 67 55 414 250 164 375 0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
0 0 0 0 0 0 0 0 0 0 0 0
42 41 41 5 0 0 35 0 0 0 2 0
103 80 80 10 0 2 70 0 0 0 23 0
185 166 165 47 0 4 119 0 0 0 19 0
103 86 85 15 0 7 71 0 0 0 17 0
423 110 40 19 0 10 21 70 0 69 314 0
474 140 70 52 0 12 18 70 0 69 334 0
510 169 71 52 0 15 19 97 0 97 342 0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
17 17 17 0 0 0 17 0 0 0 0 0
43 42 42 8 0 3 34 0 0 0 1 0
27 23 23 11 0 6 12 0 0 0 4 0
31 24 24 11 0 6 13 0 0 0 6 0
31 23 23 10 0 6 13 0 0 0 8 0
223 52 25 13 0 7 12 27 19 8 171 0
248 74 29 13 1 7 16 45 38 8 174 0
245 84 37 12 1 8 25 47 38 10 160 0
-210 -272
-16 33
-156 -30
388 372
313 231
4,742 1,065
919 846
967 1,111
0 0 0
0 0 0
57 0 0
44 109 0
0 2 0
0 0 0
0 0 0
0 0 0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
51 34
51 37
60 39
81 39
99 38
107 37
119 35
138 34
509 242
533 219
1,029 176
526 134
765 110
477 63
477 41
498 17
Notes: Data on long-term public and publicly guaranteed debt and long-term private nonguaranteed debt from 2008 to 2010 are World Bank staff estimates based on reports provided by the country.
147
GHANA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
5,495 4,227 4,200 27 648 620 26
6,116 5,251 4,994 257 293 572 10
6,780 5,776 5,776 0 417 587 9
3,320 2,019 2,019 0 159 1,143 19
4,855 3,424 3,424 0 167 1,264 9
5,382 3,873 3,873 0 162 1,347 9
6,331 4,737 4,737 0 271 1,323 41
8,368 5,727 5,727 0 392 2,249 13
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
86 4,200 27 620
25 4,994 257 453
19 5,776 0 352
40 2,019 0 571
25 3,424 0 1,404
23 3,873 0 2,652
27 4,737 0 1,227
37 5,727 0 2,900
External debt flows Disbursements Long-term external debt IMF purchases
570 528 42
397 362 35
516 477 39
635 519 116
1,413 1,413 0
598 598 0
1,022 918 104
1,280 1,155 124
Principal repayments Long-term external debt IMF repurchases
292 184 108
254 217 37
186 155 32
153 153 0
97 97 0
85 85 0
101 101 0
120 120 0
Net flows Long-term external debt Short-term external debt
349 344 71
7 144 -136
220 322 -109
1,029 366 546
1,446 1,315 131
596 513 83
865 817 -56
2,114 1,036 954
Interest payments Long-term external debt IMF charges Short-term external debt
95 57 10 28
134 95 1 38
96 73 2 21
84 55 0 29
82 49 1 32
145 112 1 32
131 99 1 31
200 144 0 56
107 0
166 0
145 0
636 0
855 0
1,220 0
1,685 0
2,527 0
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 14.0 5.2 0.3 59.9
.. 16.2 2.1 0.1 67.6
3.1 0.0 0.0 0.0 78.8
10.6 0.0 0.1 0.1 55.2
9.7 0.0 0.0 0.1 64.3
10.7 0.0 0.0 0.1 62.9
12.8 0.0 0.0 0.0 60.6
13.3 0.0 0.0 0.0 60.1
1.5 34.8 9.4
1.4 34.7 8.9
0.8 43.0 10.3
1.0 35.0 8.4
1.3 25.9 6.2
1.9 22.6 5.6
1.2 28.1 7.4
1.3 27.5 7.6
6.4 6.6 1.3
6.2 10.2 2.7
0.8 40.2 10.7
3.0 11.6 2.1
8.5 10.1 10.0
4.7 10.7 2.6
2.7 14.0 2.4
1.9 18.4 5.3
6,324 1,596 17 2,262 17 -144 804
4,831 2,456 32 3,474 17 -387 309
10,590 3,952 99 6,851 94 -1,105 1,897
20,261 5,183 105 8,474 92 -1,043 2,269
24,494 6,088 117 10,283 135 -2,151 ..
28,268 7,156 126 12,911 172 -3,543 ..
25,871 7,711 114 11,387 241 -1,598 ..
30,776 9,490 136 14,513 396 -2,700 ..
344.4 86.9 24.2 11.3 54.3 14.6 4.3
249.0 126.6 15.8 9.4 59.9 5.1 1.1
171.6 64.0 7.1 8.7 74.4 28.0 3.3
64.1 16.4 4.6 34.4 37.2 68.3 3.2
79.7 19.8 2.9 26.0 31.7 .. ..
75.2 19.0 3.2 25.0 34.3 .. ..
82.1 24.5 3.0 20.9 34.8 .. ..
88.2 27.2 3.4 26.9 31.3 .. ..
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
148
GHANA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
4,227 4,200 3,847 2,982 59 2,375 865 352 0 97 27 0
5,251 4,994 4,703 3,663 9 3,130 1,039 292 0 57 257 250
5,776 5,776 5,361 5,045 0 4,234 316 415 0 264 0 0
2,019 2,019 1,583 1,234 0 815 349 435 0 287 0 0
3,424 3,424 2,165 1,538 0 1,087 627 1,259 750 321 0 0
3,873 3,873 2,561 1,843 0 1,330 718 1,311 750 334 0 0
4,737 4,737 3,206 2,203 0 1,581 1,002 1,531 750 567 0 0
5,727 5,727 3,980 2,620 0 1,868 1,360 1,747 750 796 0 0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
528 528 414 284 0 242 130 115 0 64 0 0
362 362 340 223 0 204 117 22 0 14 0 0
477 477 425 404 0 305 21 51 0 47 0 0
519 519 479 335 0 266 143 40 0 29 0 0
1,413 1,413 567 274 0 231 293 846 750 44 0 0
598 598 485 355 0 257 130 113 0 58 0 0
918 918 658 353 0 241 305 259 0 254 0 0
1,155 1,155 844 446 0 308 398 311 0 296 0 0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
184 179 108 73 15 8 34 72 0 2 5 0
217 214 141 68 8 25 74 73 0 27 3 0
155 155 117 42 2 15 75 38 0 18 0 0
153 153 115 43 0 8 73 37 0 21 0 0
97 97 50 29 0 1 21 47 0 29 0 0
85 85 45 22 0 1 23 40 0 33 0 0
101 101 44 18 0 2 26 57 0 34 0 0
120 120 59 19 0 3 40 60 0 41 0 0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
57 55 50 40 6 17 10 5 0 0 2 0
95 80 64 39 1 22 26 16 0 4 14 14
73 73 55 42 0 31 13 17 0 11 0 0
55 55 39 29 0 18 9 16 0 11 0 0
49 49 29 17 0 8 12 21 0 15 0 0
112 112 28 18 0 9 11 84 64 14 0 0
99 99 43 18 0 10 25 56 32 16 0 0
144 144 58 20 0 12 38 86 64 17 0 0
394 349
-304 7
-284 220
-3,460 1,029
1,535 1,446
527 596
949 865
2,038 2,114
0 0 0
0 0 0
0 94 0
7 4,649 0
0 0 0
0 15 0
0 0 0
0 0 0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
279 61
320 66
314 68
302 66
311 63
205 60
212 57
224 53
111 101
150 117
147 118
148 117
143 114
185 111
980 107
224 38
Notes: Long-term private nonguaranteed debt data only cover Bonds. Ghana was granted debt relief effective in 2006 under MDRI.
149
GRENADA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
127.0 112.4 112.4 0.0 0.0 14.6 6.6
201.4 179.8 179.8 0.0 0.0 21.6 4.5
405.9 391.3 391.3 0.0 8.4 6.3 4.3
499.1 454.8 454.8 0.0 9.5 34.8 5.8
537.2 480.5 480.5 0.0 7.7 49.0 12.0
553.8 480.6 480.6 0.0 13.0 60.2 11.2
558.6 497.2 497.2 0.0 23.0 38.3 13.3
576.0 494.8 494.8 0.0 29.1 52.1 25.1
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
20.8 112.4 0.0 17.0
10.6 179.8 0.0 97.4
9.5 391.3 0.0 22.5
10.5 454.8 0.0 35.4
13.4 480.5 0.0 32.8
21.1 480.6 0.0 22.3
26.4 497.2 0.0 24.0
27.6 494.8 0.0 17.3
External debt flows Disbursements Long-term external debt IMF purchases
4.9 4.9 0.0
77.6 77.6 0.0
38.5 38.5 0.0
35.0 32.7 2.3
24.3 24.3 0.0
39.1 30.5 8.5
37.6 25.6 12.0
27.5 21.1 6.4
Principal repayments Long-term external debt IMF repurchases
5.6 5.6 0.0
10.1 10.1 0.0
5.6 5.6 0.0
7.4 5.8 1.6
8.4 6.2 2.2
10.8 7.9 2.9
11.3 9.1 2.3
14.3 14.3 0.0
Net flows Long-term external debt Short-term external debt
-1.7 -0.8 -1.0
63.4 67.5 -4.1
-28.1 32.9 -61.0
54.6 27.0 27.0
23.8 18.1 8.0
40.3 22.7 12.0
2.2 16.5 -24.0
15.2 6.8 2.0
Interest payments Long-term external debt IMF charges Short-term external debt
2.3 1.7 0.0 0.5
4.4 3.4 0.0 1.0
4.9 3.3 0.3 1.3
8.0 6.8 0.4 0.8
10.2 8.6 0.4 1.3
9.7 8.3 0.2 1.3
11.7 11.1 0.1 0.5
11.2 10.9 0.0 0.3
20.0 ..
37.4 ..
70.2 ..
89.8 ..
156.6 ..
142.2 ..
102.6 ..
63.6 ..
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 0.0 33.7 0.0 59.7
.. 0.0 6.3 0.0 78.7
0.4 0.0 0.2 0.0 91.3
0.3 0.0 0.0 0.0 92.4
0.3 0.0 0.0 0.0 92.2
0.3 0.0 0.7 0.0 91.0
0.3 0.0 0.7 0.0 90.4
0.3 0.0 0.6 0.0 91.0
2.6 28.2 5.6
3.8 24.4 7.2
2.8 26.9 5.3
1.8 30.7 9.7
2.6 27.5 7.5
2.6 19.5 3.3
2.6 25.7 6.8
3.1 21.6 5.9
0.0 0.0 0.0
5.0 12.5 7.2
0.0 0.0 0.0
5.3 5.1 3.1
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
262.9 128.7 37.8 187.6 12.6 -41.8 36.7
395.8 240.8 46.4 349.0 27.8 -88.1 57.7
525.6 160.3 51.6 435.9 22.7 -193.3 94.3
535.6 175.6 53.9 444.5 22.0 -226.7 100.0
567.3 202.6 54.8 493.1 35.7 -264.3 110.6
632.6 197.9 55.4 509.5 35.5 -274.5 105.3
578.0 183.8 53.4 435.4 55.4 -214.0 129.1
583.3 178.0 54.5 440.5 35.4 -218.2 119.2
98.7 48.3 6.1 11.5 39.6 28.9 2.4
83.6 50.9 6.0 10.7 31.4 28.6 2.0
253.2 77.2 6.6 1.6 27.3 23.2 2.6
284.3 93.2 8.8 7.0 25.7 20.0 2.7
265.1 94.7 9.2 9.1 28.2 20.6 2.7
279.9 87.5 10.4 10.9 31.1 19.0 2.5
304.0 96.6 12.5 6.9 33.3 23.1 3.6
323.6 98.7 14.3 9.0 33.0 20.7 3.2
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
150
GRENADA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
112.4 112.4 104.7 50.3 0.0 7.3 54.4 7.7 0.0 0.3 0.0 0.0
179.8 179.8 116.8 63.3 2.2 9.6 53.5 63.0 26.6 32.2 0.0 0.0
391.3 391.3 172.4 110.9 10.1 22.9 61.4 218.9 214.3 2.4 0.0 0.0
454.8 454.8 206.0 128.5 9.0 27.8 77.5 248.7 239.4 8.8 0.0 0.0
480.5 480.5 232.6 151.3 12.0 34.8 81.3 247.9 239.4 8.3 0.0 0.0
480.6 480.6 260.7 172.5 11.5 36.6 88.2 219.9 210.3 8.3 0.0 0.0
497.2 497.2 277.3 185.7 10.8 39.4 91.6 219.9 210.3 8.3 0.0 0.0
494.8 494.8 279.2 189.8 14.2 44.0 89.4 215.6 210.3 4.0 0.0 0.0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
4.9 4.9 4.9 3.4 0.0 0.0 1.5 0.0 0.0 0.0 0.0 0.0
77.6 77.6 19.8 11.7 1.9 0.8 8.1 57.8 26.6 30.0 0.0 0.0
38.5 38.5 38.5 22.7 2.8 3.6 15.8 0.0 0.0 0.0 0.0 0.0
32.7 32.7 25.5 20.5 0.1 4.0 5.0 7.3 0.0 7.3 0.0 0.0
24.3 24.3 24.3 24.3 4.3 6.0 0.0 0.0 0.0 0.0 0.0 0.0
30.5 30.5 30.5 27.8 0.9 2.5 2.7 0.0 0.0 0.0 0.0 0.0
25.6 25.6 25.6 20.1 0.7 2.9 5.5 0.0 0.0 0.0 0.0 0.0
21.1 21.1 21.1 20.4 5.1 5.6 0.7 0.0 0.0 0.0 0.0 0.0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
5.6 5.6 3.9 2.8 0.0 0.1 1.1 1.8 0.0 0.2 0.0 0.0
10.1 10.1 6.3 3.2 0.0 0.1 3.2 3.7 0.0 2.4 0.0 0.0
5.6 5.6 5.3 3.7 0.6 0.2 1.5 0.4 0.0 0.4 0.0 0.0
5.8 5.8 5.8 4.4 1.1 0.3 1.4 0.0 0.0 0.0 0.0 0.0
6.2 6.2 6.2 4.4 1.2 0.3 1.8 0.0 0.0 0.0 0.0 0.0
7.9 7.9 7.9 6.2 1.4 0.4 1.7 0.0 0.0 0.0 0.0 0.0
9.1 9.1 9.1 7.2 1.5 0.3 1.9 0.0 0.0 0.0 0.0 0.0
14.3 14.3 9.9 6.8 1.7 0.3 3.1 4.4 0.0 4.4 0.0 0.0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
1.7 1.7 1.6 1.3 0.0 0.1 0.2 0.2 0.0 0.1 0.0 0.0
3.4 3.4 2.3 1.1 0.0 0.1 1.3 1.1 0.0 1.1 0.0 0.0
3.3 3.3 3.3 2.6 0.4 0.2 0.7 0.0 0.0 0.0 0.0 0.0
6.8 6.8 4.5 3.8 0.5 0.2 0.7 2.3 2.3 0.0 0.0 0.0
8.6 8.6 5.6 3.9 0.5 0.2 1.6 3.0 2.3 0.7 0.0 0.0
8.3 8.3 5.6 4.3 0.6 0.3 1.3 2.6 2.1 0.6 0.0 0.0
11.1 11.1 5.8 4.6 0.5 0.3 1.2 5.4 5.1 0.2 0.0 0.0
10.9 10.9 5.7 4.2 0.4 0.3 1.5 5.2 5.1 0.1 0.0 0.0
-2.0 -1.7
65.6 63.4
-26.0 -28.1
93.2 54.6
38.1 23.8
16.6 40.3
4.8 2.2
17.4 15.2
0.0 0.6 0.0
0.0 0.0 0.0
208.7 0.0 0.0
13.2 0.0 0.0
1.5 0.0 0.0
1.4 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
18.0 6.5
15.2 6.4
28.6 6.2
12.5 5.6
14.6 5.3
13.9 4.9
13.9 4.5
13.4 4.2
2.9 11.9
5.6 21.1
0.0 21.0
0.0 28.1
0.0 28.1
0.0 37.4
0.0 37.4
0.0 39.7
151
GUATEMALA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
3,282 2,470 2,328 142 0 811 219
3,853 2,681 2,540 142 0 1,172 317
10,981 9,528 3,687 5,841 0 1,453 414
12,308 10,834 3,921 6,913 0 1,474 0
14,570 12,566 4,189 8,377 0 2,004 0
14,771 12,620 4,352 8,268 0 2,151 0
13,764 12,538 4,894 7,644 0 1,226 0
14,340 12,745 5,527 7,218 0 1,595 0
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
257 2,328 142 99
224 2,540 142 87
131 3,687 5,841 82
0 3,921 6,913 755
0 4,189 8,377 398
0 4,352 8,268 508
0 4,894 7,644 1,532
0 5,527 7,218 275
External debt flows Disbursements Long-term external debt IMF purchases
200 200 0
210 210 0
2,184 2,184 0
2,240 2,240 0
2,738 2,738 0
1,037 1,037 0
934 934 0
1,442 1,442 0
Principal repayments Long-term external debt IMF repurchases
213 213 0
188 188 0
705 705 0
831 831 0
1,034 1,034 0
1,009 1,009 0
1,019 1,019 0
913 913 0
Net flows Long-term external debt Short-term external debt
140 -13 153
56 22 34
1,316 1,479 -163
1,844 1,409 435
2,234 1,704 530
175 28 147
-1,010 -85 -925
898 529 369
Interest payments Long-term external debt IMF charges Short-term external debt
145 113 0 32
202 152 0 50
550 497 0 53
634 575 0 59
739 668 0 70
747 672 0 75
665 622 0 43
674 618 0 56
75 ..
230 ..
509 ..
592 ..
745 ..
754 ..
600 ..
687 ..
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 2.5 0.0 0.5 54.8
.. 2.9 0.0 0.2 75.0
2.5 3.5 0.0 0.0 85.7
2.3 3.3 0.0 0.0 86.9
2.1 3.1 0.0 0.0 88.0
1.9 3.7 0.0 0.0 88.6
1.7 3.5 0.0 0.0 90.1
1.3 3.8 0.0 0.0 91.2
4.2 30.9 7.9
7.2 19.2 4.7
5.4 25.8 5.1
5.6 23.0 4.1
5.9 19.4 3.9
4.3 20.1 4.0
1.6 23.2 6.3
3.7 28.2 4.8
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
14,498 2,870 358 3,933 95 -572 783
19,065 4,077 596 5,991 248 -1,050 1,806
26,726 7,069 3,067 11,886 370 -1,241 3,777
29,551 8,036 3,700 13,828 608 -1,524 4,055
33,270 9,270 4,236 15,910 819 -1,786 4,315
38,199 10,264 4,460 17,052 886 -1,681 4,654
36,569 9,572 4,019 14,190 951 8 5,205
39,990 11,070 4,229 16,716 997 -826 5,949
114.3 22.6 12.5 24.7 30.4 23.9 2.4
94.5 20.2 9.6 30.4 38.0 46.9 3.6
155.4 41.1 17.8 13.2 18.3 34.4 3.8
153.2 41.6 18.2 12.0 19.7 32.9 3.5
157.2 43.8 19.1 13.8 19.7 29.6 3.3
143.9 38.7 17.1 14.6 20.5 31.5 3.3
143.8 37.6 17.6 8.9 26.0 37.8 4.4
129.5 35.9 14.3 11.1 29.4 41.5 4.3
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
152
GUATEMALA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
2,470 2,328 1,787 998 158 0 789 541 264 61 142 0
2,681 2,540 2,098 1,462 296 0 635 442 245 0 142 0
9,528 3,687 2,451 2,011 479 0 440 1,237 1,105 0 5,841 50
10,834 3,921 2,815 2,429 642 0 386 1,105 1,105 0 6,913 50
12,566 4,189 3,233 2,872 740 0 362 955 955 0 8,377 50
12,620 4,352 3,397 3,032 806 0 366 955 955 0 8,268 55
12,538 4,894 3,939 3,583 1,112 0 356 955 955 0 7,644 5
12,745 5,527 4,572 4,213 1,372 0 359 955 955 0 7,218 5
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
200 200 128 87 13 0 41 73 59 2 0 0
210 210 210 157 51 0 53 0 0 0 0 0
2,184 144 144 131 34 0 13 0 0 0 2,041 0
2,240 581 581 572 199 0 9 0 0 0 1,659 0
2,738 599 599 594 136 0 6 0 0 0 2,139 0
1,037 396 396 386 133 0 10 0 0 0 641 5
934 807 807 783 379 0 24 0 0 0 127 0
1,442 879 879 858 335 0 21 0 0 0 563 0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
213 194 151 92 40 0 59 43 15 17 19 0
188 168 136 78 13 0 58 32 31 0 20 0
705 199 199 145 33 0 54 1 0 0 506 0
831 244 234 163 36 0 71 11 0 0 587 0
1,034 359 209 163 38 0 46 150 150 0 675 0
1,009 259 259 224 67 0 35 0 0 0 750 0
1,019 268 268 233 72 0 35 0 0 0 751 50
913 263 263 227 75 0 36 0 0 0 651 0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
113 108 80 52 14 0 29 28 23 3 5 0
152 133 110 84 21 0 26 23 22 0 19 0
497 203 102 87 19 0 15 101 101 0 294 5
575 227 127 114 28 0 13 101 101 0 348 5
668 249 148 137 37 0 11 101 101 0 420 5
672 256 168 158 40 0 10 88 88 0 416 5
622 257 169 160 41 0 9 88 88 0 365 0
618 283 195 187 51 0 8 88 88 0 335 0
175 140
72 56
1,265 1,316
1,326 1,844
2,262 2,234
202 175
-1,007 -1,010
575 898
0 0 0
0 0 0
0 0 0
0 538 0
0 0 0
0 0 0
0 0 0
0 0 0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
287 118
277 112
283 105
313 98
317 91
318 84
323 77
327 69
2,187 336
1,664 198
1,306 152
810 115
592 87
493 64
395 46
391 37
Notes: Data on long-term private nonguaranteed debt data are World Bank staff estimates.
153
GUINEA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
3,248 2,991 2,991 0 94 164 85
3,066 2,655 2,655 0 113 299 82
2,898 2,727 2,727 0 87 84 84
3,046 2,822 2,822 0 72 152 90
3,143 2,939 2,939 0 65 139 95
3,094 2,831 2,831 0 71 192 36
2,916 2,819 2,819 0 59 38 36
2,923 2,752 2,752 0 48 123 55
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
372 2,991 0 215
322 2,655 0 76
306 2,727 0 39
311 2,822 0 9
271 2,939 0 1
126 2,831 0 0
127 2,819 0 0
201 2,752 0 0
External debt flows Disbursements Long-term external debt IMF purchases
200 169 31
75 75 0
91 91 0
73 73 0
89 78 11
94 67 28
49 49 0
36 36 0
Principal repayments Long-term external debt IMF repurchases
128 120 9
100 92 8
116 91 26
106 86 19
106 85 21
103 84 20
95 82 13
63 53 10
Net flows Long-term external debt Short-term external debt
99 50 27
-37 -17 -12
-25 1 0
29 -14 62
-36 -7 -18
103 -17 112
-200 -33 -154
39 -16 66
Interest payments Long-term external debt IMF charges Short-term external debt
49 44 0 5
57 41 1 15
47 46 1 0
50 46 0 4
50 49 0 1
37 34 0 3
33 32 0 0
24 23 0 1
1 ..
10 ..
105 ..
125 ..
386 ..
382 ..
50 ..
101 ..
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 3.5 0.8 0.3 48.4
.. 3.1 0.4 0.2 60.5
9.8 2.0 0.2 0.2 63.8
11.0 1.7 0.2 0.2 63.1
12.1 1.6 0.1 0.2 63.3
11.7 1.9 0.0 0.3 66.0
12.5 1.7 0.0 0.3 65.3
11.7 1.7 0.0 0.3 65.4
2.0 25.9 8.5
1.3 38.1 9.1
0.5 34.4 8.4
0.8 23.4 9.2
0.8 49.9 10.4
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
2.7 3.5 0.1
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
3,609 713 1 1,109 23 -216 87
3,035 758 1 973 8 -140 168
2,658 933 42 1,083 .. -160 97
2,496 1,098 54 1,298 .. -221 ..
3,819 1,313 151 1,637 54 -455 ..
3,321 1,455 72 1,911 14 -438 ..
3,692 1,144 64 1,581 88 -403 ..
4,231 1,549 60 1,892 0 -327 ..
455.5 90.0 24.9 5.0 45.0 2.7 0.9
404.7 101.0 20.7 9.7 52.7 5.5 2.1
310.8 109.0 17.5 2.9 60.3 3.4 1.1
277.5 122.1 14.2 5.0 59.1 .. ..
239.4 82.3 11.9 4.4 59.4 .. ..
212.7 93.2 9.7 6.2 59.7 .. ..
254.8 79.0 11.1 1.3 62.7 .. ..
188.8 69.1 5.6 4.2 61.5 .. ..
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
154
GUINEA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
2,991 2,991 2,908 1,460 0 847 1,448 82 0 25 0 0
2,655 2,655 2,626 1,615 0 982 1,011 29 0 0 0 0
2,727 2,727 2,693 1,747 0 1,205 947 33 0 5 0 0
2,822 2,822 2,785 1,800 0 1,259 985 37 0 8 0 0
2,939 2,939 2,895 1,866 0 1,305 1,029 44 0 15 0 0
2,831 2,831 2,801 1,848 0 1,288 953 30 0 18 0 0
2,819 2,819 2,784 1,827 0 1,269 957 35 0 23 0 0
2,752 2,752 2,716 1,798 0 1,248 918 37 0 25 0 0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
169 169 169 161 0 59 8 0 0 0 0 0
75 75 75 70 0 29 5 0 0 0 0 0
91 91 89 41 0 32 48 2 0 2 0 0
73 73 70 33 0 22 37 3 0 3 0 0
78 78 72 41 0 21 32 6 0 6 0 0
67 67 63 45 0 22 18 4 0 4 0 0
49 49 45 16 0 0 29 4 0 4 0 0
36 36 33 19 0 0 13 4 0 4 0 0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
120 120 105 35 0 2 70 15 0 0 0 0
92 92 92 51 0 11 40 0 0 0 0 0
91 91 91 49 0 9 42 0 0 0 0 0
86 86 86 46 0 10 40 0 0 0 0 0
85 85 85 46 0 12 39 0 0 0 0 0
84 84 84 58 0 25 25 0 0 0 0 0
82 82 82 58 0 27 23 0 0 0 0 0
53 53 53 30 0 0 23 0 0 0 0 0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
44 44 43 15 0 6 28 1 0 0 0 0
41 41 41 24 0 7 17 0 0 0 0 0
46 46 44 20 0 9 24 2 0 2 0 0
46 46 43 18 0 8 25 3 0 3 0 0
49 49 44 18 0 9 26 5 0 5 0 0
34 34 28 18 0 10 10 6 0 6 0 0
32 32 25 14 0 7 10 8 0 8 0 0
23 23 17 6 0 0 11 6 0 6 0 0
136 99
-122 -37
-238 -25
148 29
97 -36
-49 103
-178 -200
7 39
130 61 0
0 0 0
0 13 0
0 14 0
41 23 0
86 177 0
17 25 0
13 24 0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
113 40
114 38
113 36
117 34
129 31
122 28
114 26
114 24
0 2
0 2
0 2
0 2
0 2
0 2
0 2
0 2
Notes: Data on long-term public and publicly guaranteed debt for 2010 are World Bank staff estimates. Data include the effects of Paris Club debt restructuring agreement signed in 2008. Data for 2007 and 2008 include the effects of Enhanced HIPC Initiative, in the amount of $14,757 thousand and $5,738 thousand respectively.
155
GUINEA-BISSAU (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
895 794 794 0 6 95 89
947 822 822 0 25 100 87
1,013 881 881 0 12 121 119
1,036 902 902 0 8 126 126
1,080 925 925 0 5 149 142
1,086 931 931 0 9 146 144
1,118 950 950 0 10 158 151
1,095 963 963 0 4 128 127
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
251 794 0 22
219 822 0 27
256 881 0 9
252 902 0 0
245 925 0 0
270 931 0 0
318 950 0 0
266 963 0 0
External debt flows Disbursements Long-term external debt IMF purchases
23 21 2
22 14 9
14 14 0
9 9 0
15 15 0
12 6 6
6 4 3
19 3 16
Principal repayments Long-term external debt IMF repurchases
9 8 1
3 3 0
4 1 3
7 3 4
7 4 3
6 4 2
6 5 2
14 6 8
Net flows Long-term external debt Short-term external debt
13 13 -1
29 11 10
9 13 -1
0 6 -2
16 12 7
0 2 -5
5 -1 5
-1 -3 -6
Interest payments Long-term external debt IMF charges Short-term external debt
6 6 0 0
2 2 0 0
2 2 0 0
3 3 0 0
3 3 0 0
4 3 0 0
4 4 0 0
3 3 0 0
0 ..
1 ..
9 ..
18 ..
19 0
5 ..
14 ..
9 ..
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 0.0 0.0 6.6 38.3
.. 0.0 0.0 11.0 34.0
10.4 0.0 0.0 12.6 46.7
11.1 0.0 0.0 5.1 52.3
12.1 0.0 0.0 5.4 50.0
11.4 0.0 0.0 5.6 50.6
11.6 0.0 0.0 5.7 50.9
9.5 0.0 0.0 4.8 54.6
0.8 39.8 10.3
0.9 37.9 10.1
0.8 45.5 10.3
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
236 30 2 110 .. -35 20
203 .. 8 .. .. .. 67
561 95 20 157 .. -10 80
569 78 26 176 .. -40 82
680 141 43 246 .. -31 113
833 172 49 299 0 -29 125
824 .. 50 .. .. .. 169
877 .. 48 .. .. .. 156
3,024.9 379.4 52.4 10.6 41.3 2.3 2.2
.. 466.5 .. 10.6 41.9 7.0 ..
1,063.7 180.6 6.6 11.9 45.1 7.9 6.1
1,330.8 182.0 12.4 12.2 46.4 7.9 5.6
766.6 158.8 7.4 13.8 47.3 10.5 5.5
630.8 130.3 5.6 13.5 46.8 11.5 5.0
.. 135.6 .. 14.1 45.3 15.1 ..
.. 124.8 .. 11.7 44.9 14.3 ..
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
156
GUINEA-BISSAU (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
794 794 763 370 0 210 393 31 0 0 0 0
822 822 822 397 0 228 425 0 0 0 0 0
881 881 881 457 0 284 424 0 0 0 0 0
902 902 902 481 0 297 421 0 0 0 0 0
925 925 925 511 0 315 414 0 0 0 0 0
931 931 931 508 0 309 423 0 0 0 0 0
950 950 950 507 0 304 443 0 0 0 0 0
963 963 963 492 0 289 471 0 0 0 0 0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
21 21 21 19 0 9 2 0 0 0 0 0
14 14 14 14 0 14 0 0 0 0 0 0
14 14 14 14 0 11 0 0 0 0 0 0
9 9 9 9 0 5 0 0 0 0 0 0
15 15 15 15 0 11 0 0 0 0 0 0
6 6 6 6 0 4 0 0 0 0 0 0
4 4 4 4 0 1 0 0 0 0 0 0
3 3 3 3 0 0 0 0 0 0 0 0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8 8 8 8 0 1 0 0 0 0 0 0
3 3 2 2 0 2 0 0 0 0 0 0
1 1 1 1 0 0 0 0 0 0 0 0
3 3 3 3 0 0 0 0 0 0 0 0
4 4 4 4 0 0 0 0 0 0 0 0
4 4 4 4 0 1 0 0 0 0 0 0
5 5 5 5 0 1 0 0 0 0 0 0
6 6 6 6 0 1 0 0 0 0 0 0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
6 6 6 4 0 2 1 0 0 0 0 0
2 2 2 2 0 2 0 0 0 0 0 0
2 2 2 2 0 1 0 0 0 0 0 0
3 3 3 3 0 2 0 0 0 0 0 0
3 3 3 3 0 2 0 0 0 0 0 0
3 3 3 3 0 2 0 0 0 0 0 0
4 4 4 4 0 2 0 0 0 0 0 0
3 3 3 3 0 2 0 0 0 0 0 0
45 13
9 29
-92 9
23 0
44 16
6 0
32 5
-23 -1
14 15 0
0 1 0
0 9 0
0 6 0
0 6 0
0 10 0
0 7 0
117 60 0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
25 6
24 6
20 6
21 6
21 6
22 5
23 5
24 5
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
Notes: Data on long-term public and publicly guaranteed debt for 2010 are World Bank staff estimates, and include the effects of Paris Club debt restructuring agreement signed in 2010. Data for 2008, 2009, and 2010 include the effects of Enhanced HIPC Initiative, in the amount of $7,311 thousand, $7,383 thousand, and $7,793 thousand respectively.
157
GUYANA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
2,116 1,794 1,794 0 172 150 133
1,364 1,128 1,124 4 117 119 67
1,216 1,043 1,041 2 91 82 82
1,141 923 923 0 56 162 86
736 584 584 0 59 93 93
829 676 676 0 57 96 96
1,037 783 781 2 58 196 97
1,354 888 888 0 56 410 103
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
114 1,794 0 45
65 1,124 4 85
66 1,041 2 166
76 923 0 4
75 584 0 144
75 676 0 123
78 781 2 74
82 888 0 152
External debt flows Disbursements Long-term external debt IMF purchases
59 45 14
73 64 9
131 104 27
136 109 27
101 101 0
139 139 0
105 105 0
124 124 0
Principal repayments Long-term external debt IMF repurchases
74 50 24
39 23 17
24 16 8
15 15 0
16 16 0
16 16 0
8 8 0
17 16 1
Net flows Long-term external debt Short-term external debt
-8 -5 7
21 41 -13
76 88 -31
197 94 76
9 85 -76
123 123 0
196 97 99
315 108 208
Interest payments Long-term external debt IMF charges Short-term external debt
35 31 3 1
30 26 1 3
11 10 0 1
16 14 0 2
12 9 0 2
11 10 0 0
12 11 0 1
14 11 0 3
74 ..
67 ..
77 ..
102 ..
152 ..
168 ..
144 ..
188 ..
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 0.2 9.1 0.1 64.9
.. 0.0 5.6 0.0 69.3
2.1 0.0 0.2 0.0 74.3
2.7 0.0 0.2 0.0 70.7
4.6 0.0 0.1 0.0 86.5
3.5 0.0 0.1 0.0 88.9
2.9 0.0 0.1 0.0 90.2
2.2 0.0 0.0 0.0 90.3
1.5 38.7 10.4
2.0 40.0 10.5
1.3 30.5 9.2
1.9 29.8 7.6
1.0 36.6 9.0
1.6 28.4 4.1
1.6 29.1 4.7
1.2 26.0 4.9
8.8 31.0 8.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
567 641 2 838 .. -135 269
661 684 27 813 6 -82 305
804 697 201 960 7 -96 252
1,502 730 218 1,127 9 -181 280
2,027 889 283 1,288 -7 -112 313
2,251 1,035 278 1,556 0 -192 356
2,325 .. 278 .. .. -231 631
2,561 .. 308 .. .. -239 782
329.9 373.1 17.0 7.1 30.2 12.7 3.9
199.5 206.6 10.1 8.7 43.9 22.3 4.5
174.5 151.2 4.9 6.7 70.0 20.7 3.1
156.3 76.0 4.3 14.2 63.1 24.5 3.0
82.7 36.3 3.1 12.7 49.9 42.6 2.9
80.1 36.8 2.6 11.6 46.0 42.9 2.7
.. 44.6 .. 18.9 43.2 60.9 ..
.. 52.8 .. 30.3 37.1 57.8 ..
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
158
GUYANA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
1,794 1,794 1,709 639 35 203 1,070 86 29 37 0 0
1,128 1,124 1,079 599 8 180 480 45 27 6 4 0
1,043 1,041 1,033 851 0 226 182 9 0 4 2 0
923 923 915 720 0 9 194 8 0 4 0 0
584 584 575 367 0 10 209 8 0 4 0 0
676 676 655 381 0 10 274 21 0 3 0 0
783 781 760 448 0 10 312 21 0 4 2 0
888 888 867 502 0 9 365 21 0 4 0 0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
45 45 45 41 0 18 4 0 0 0 0 0
64 64 64 64 0 6 0 0 0 0 0 0
104 104 104 71 0 2 33 0 0 0 0 0
109 109 109 77 0 0 32 0 0 0 0 0
101 101 101 67 0 1 33 0 0 0 0 0
139 139 139 56 0 0 83 0 0 0 0 0
105 105 105 69 0 0 36 0 0 0 0 0
124 124 124 64 0 0 59 0 0 0 0 0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
50 50 40 24 6 1 16 10 0 2 0 0
23 22 22 18 3 1 4 0 0 0 0 0
16 15 15 11 0 1 4 0 0 0 0 0
15 15 15 13 0 1 2 0 0 0 0 0
16 16 16 9 0 0 7 0 0 0 0 0
16 16 16 9 0 0 7 0 0 0 0 0
8 8 8 6 0 0 2 0 0 0 0 0
16 16 16 8 0 0 8 0 0 0 0 0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
31 31 30 18 3 1 12 1 0 1 0 0
26 26 26 10 1 1 16 0 0 0 0 0
10 10 10 10 0 2 0 0 0 0 0 0
14 14 14 12 0 1 3 0 0 0 0 0
9 9 9 6 0 0 3 0 0 0 0 0
10 10 10 8 0 0 3 0 0 0 0 0
11 10 10 8 0 0 3 0 0 0 0 0
11 11 11 8 0 0 3 0 0 0 0 0
67 -8
-48 21
-147 76
-75 197
-406 9
93 123
208 196
317 315
1 0 0
0 14 0
79 175 0
0 298 0
0 429 0
0 13 0
0 0 0
0 0 0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
24 14
26 15
31 14
34 14
40 13
43 13
46 12
47 11
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
159
HAITI (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
821.1 765.7 765.7 0.0 28.7 26.6 1.0
1172.7 1043.0 1043.0 0.0 39.4 90.3 1.0
1327.0 1277.9 1277.9 0.0 21.4 27.7 14.7
1504.7 1346.1 1346.1 0.0 32.5 126.0 18.0
1580.1 1524.6 1524.6 0.0 55.6 0.0 0.0
1950.9 1846.1 1846.1 0.0 104.8 0.0 0.0
1325.2 1158.8 1158.8 0.0 166.4 0.0 0.0
491.8 479.0 479.0 0.0 12.7 0.1 0.1
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
2.1 765.7 0.0 253.6
2.4 1043.0 0.0 0.0
21.8 1277.9 0.0 240.2
27.4 1346.1 0.0 0.0
0.0 1524.6 0.0 116.5
0.0 1846.1 0.0 185.4
0.0 1158.8 0.0 113.9
0.4 479.0 0.0 200.1
External debt flows Disbursements Long-term external debt IMF purchases
128.3 103.5 24.8
50.7 50.7 0.0
92.8 77.5 15.3
98.3 83.4 14.9
150.9 97.0 53.9
406.2 355.8 50.5
272.5 212.0 60.5
410.9 286.1 124.8
Principal repayments Long-term external debt IMF repurchases
65.7 33.7 32.0
23.9 18.1 5.7
38.2 33.6 4.5
38.1 33.7 4.4
56.5 23.3 33.2
34.3 34.3 0.0
29.6 26.5 3.1
122.5 122.5 0.0
Net flows Long-term external debt Short-term external debt
75.2 69.8 12.6
21.0 32.5 -5.8
20.6 43.9 -34.0
155.2 49.7 95.0
-13.6 73.7 -108.0
372.0 321.5 0.0
242.9 185.5 0.0
288.5 163.7 0.0
Interest payments Long-term external debt IMF charges Short-term external debt
32.4 25.4 5.5 1.5
20.5 14.7 1.2 4.6
19.0 17.3 0.5 1.2
21.4 17.1 1.2 3.1
25.9 22.3 0.7 3.0
23.6 23.3 0.3 0.0
15.2 14.6 0.6 0.0
8.4 8.0 0.4 0.0
7.4 ..
13.3 ..
26.0 ..
160.6 ..
74.5 ..
29.8 ..
38.0 ..
150.0 ..
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 0.0 0.0 0.0 77.5
.. 0.0 0.0 0.0 82.1
3.4 0.0 0.0 0.0 80.4
3.6 0.0 0.0 0.0 81.3
5.7 0.0 0.0 0.0 80.9
5.0 0.0 0.0 0.0 84.1
4.1 0.0 0.0 0.0 87.2
9.2 0.0 0.0 0.0 78.1
1.2 39.9 10.4
0.0 0.0 0.0
1.0 39.4 10.3
0.0 0.0 0.0
1.8 34.0 8.2
1.0 25.0 3.0
1.0 24.9 3.0
1.0 25.0 3.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
.. 192.4 .. 832.3 3.8 -87.1 198.8
.. 503.7 578.0 1377.9 .. -114.2 182.5
4227.9 605.1 986.2 1887.9 .. 7.0 133.8
4236.0 707.8 1062.9 2153.7 .. -85.1 253.9
6126.1 801.0 1222.1 2404.1 .. -85.8 453.1
6429.0 861.0 1369.8 2876.3 .. -289.1 542.5
6491.3 963.9 1375.5 2831.2 .. -232.1 790.0
6731.3 836.2 1498.7 4159.4 .. .. 1336.9
426.8 .. 51.0 3.2 74.9 24.2 2.9
232.8 .. 8.8 7.7 77.3 15.6 1.6
219.3 31.4 9.4 2.1 81.1 10.1 0.9
212.6 35.5 8.4 8.4 76.0 16.9 1.4
197.3 25.8 10.3 .. 79.0 28.7 2.3
226.6 30.3 6.7 .. 68.1 27.8 2.3
137.5 20.4 4.6 .. 39.2 59.6 3.3
58.8 7.3 15.7 0.0 14.3 271.8 3.9
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
160
HAITI (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
765.7 765.7 765.7 615.3 0.0 389.4 150.4 0.0 0.0 0.0 0.0 0.0
1043.0 1043.0 1043.0 906.6 0.0 480.1 136.4 0.0 0.0 0.0 0.0 0.0
1277.9 1277.9 1277.9 1075.7 0.0 505.5 202.2 0.0 0.0 0.0 0.0 0.0
1346.1 1346.1 1346.1 1144.3 0.0 511.5 201.9 0.0 0.0 0.0 0.0 0.0
1524.6 1524.6 1524.6 1248.3 0.0 518.4 276.3 0.0 0.0 0.0 0.0 0.0
1846.1 1846.1 1846.1 1328.6 0.0 507.2 517.5 0.0 0.0 0.0 0.0 0.0
1158.8 1158.8 1158.8 519.8 0.0 38.5 639.0 0.0 0.0 0.0 0.0 0.0
479.0 479.0 479.0 70.5 0.0 0.0 408.5 0.0 0.0 0.0 0.0 0.0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
103.5 103.5 103.5 102.7 0.0 49.1 0.7 0.0 0.0 0.0 0.0 0.0
50.7 50.7 50.7 50.6 0.0 8.0 0.1 0.0 0.0 0.0 0.0 0.0
77.5 77.5 77.5 77.5 0.0 8.6 0.0 0.0 0.0 0.0 0.0 0.0
83.4 83.4 83.4 83.4 0.0 8.6 0.0 0.0 0.0 0.0 0.0 0.0
97.0 97.0 97.0 97.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
355.8 355.8 355.8 120.6 0.0 0.0 235.2 0.0 0.0 0.0 0.0 0.0
212.0 212.0 212.0 98.1 0.0 0.0 113.9 0.0 0.0 0.0 0.0 0.0
286.1 286.1 286.1 83.5 0.0 0.0 202.7 0.0 0.0 0.0 0.0 0.0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
33.7 33.7 33.7 30.4 0.0 9.7 3.3 0.0 0.0 0.0 0.0 0.0
18.1 18.1 18.1 14.3 0.0 6.5 3.8 0.0 0.0 0.0 0.0 0.0
33.6 33.6 33.6 28.7 0.0 13.8 5.0 0.0 0.0 0.0 0.0 0.0
33.7 33.7 33.7 30.8 0.0 12.5 2.9 0.0 0.0 0.0 0.0 0.0
23.3 23.3 23.3 18.0 0.0 6.7 5.3 0.0 0.0 0.0 0.0 0.0
34.3 34.3 34.3 29.2 0.0 15.8 5.0 0.0 0.0 0.0 0.0 0.0
26.5 26.5 26.5 21.7 0.0 11.0 4.8 0.0 0.0 0.0 0.0 0.0
122.5 122.5 122.5 41.2 0.0 35.9 81.3 0.0 0.0 0.0 0.0 0.0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
25.4 25.4 25.4 24.0 0.0 10.4 1.3 0.0 0.0 0.0 0.0 0.0
14.7 14.7 14.7 9.4 0.0 3.6 5.3 0.0 0.0 0.0 0.0 0.0
17.3 17.3 17.3 15.3 0.0 4.9 2.0 0.0 0.0 0.0 0.0 0.0
17.1 17.1 17.1 15.5 0.0 3.7 1.6 0.0 0.0 0.0 0.0 0.0
22.3 22.3 22.3 17.3 0.0 3.5 5.0 0.0 0.0 0.0 0.0 0.0
23.3 23.3 23.3 19.5 0.0 4.2 3.8 0.0 0.0 0.0 0.0 0.0
14.6 14.6 14.6 11.6 0.0 2.4 3.0 0.0 0.0 0.0 0.0 0.0
8.0 8.0 8.0 6.6 0.0 0.2 1.4 0.0 0.0 0.0 0.0 0.0
85.9 75.2
-16.3 21.0
16.0 20.6
177.7 155.2
75.5 -13.6
370.8 372.0
-625.7 242.9
-833.4 288.5
107.7 11.2 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 1.1 0.0
93.0 32.3 0.0
12.1 17.8 0.0
98.9 936.0 0.0
3.3 1116.6 0.0
7. Long-term external debt
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
10.2 10.1
10.5 11.2
19.1 11.2
19.6 11.0
19.5 10.8
20.8 10.6
22.2 10.3
22.5 10.0
0.0 0.0
0.0 0.0
0.0 0.0
0.0 0.0
0.0 0.0
0.0 0.0
0.0 0.0
0.0 0.0
Notes: Data include the effects of Paris Club debt restructuring agreement signed in 2006 and 2009. Data for 2008, 2009, and 2010 include the effects of MDRI and HIPC debt relief, in the amount of $814 thousand, and $451,744 thousand, and $51 thousand respectively. In addition, the country's fiscal year-end for external debt data is September 2010, but data for 2010 include the effects of MDRI relief in October 2010 of $482 million.
161
HONDURAS (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
4,851 4,370 4,247 123 99 382 63
5,402 4,813 4,253 560 216 374 35
5,225 4,645 4,137 509 168 412 12
4,203 3,666 3,031 635 31 506 5
3,305 2,615 1,991 624 32 658 5
3,505 2,957 2,301 657 31 517 3
3,674 3,325 2,445 880 32 317 10
4,168 3,740 2,798 942 30 398 11
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
197 4,223 147 358
72 4,233 580 174
47 4,137 509 369
25 3,031 635 198
22 1,991 624 269
32 2,301 657 545
30 2,445 880 257
37 2,798 942 895
External debt flows Disbursements Long-term external debt IMF purchases
379 349 31
368 347 21
496 481 15
357 342 15
385 385 0
649 649 0
703 703 0
873 873 0
Principal repayments Long-term external debt IMF repurchases
352 308 44
261 256 5
280 264 15
203 203 0
234 234 0
277 277 0
341 341 0
453 451 2
Net flows Long-term external debt Short-term external debt
90 40 62
44 90 -63
246 217 30
255 140 101
304 152 152
233 372 -139
155 362 -207
500 421 80
Interest payments Long-term external debt IMF charges Short-term external debt
226 203 5 18
131 107 4 20
105 83 1 21
131 102 0 29
114 81 0 33
91 76 0 14
73 68 0 5
64 60 0 4
50 0
382 0
600 ..
669 ..
928 ..
929 ..
523 ..
797 ..
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 9.2 0.6 1.4 48.9
.. 7.9 0.4 0.9 65.7
5.7 0.5 0.0 0.1 72.5
4.9 0.0 0.0 0.2 65.8
8.8 0.0 0.0 0.1 68.2
9.4 0.0 0.0 0.1 69.2
10.0 0.0 0.0 0.1 69.1
8.3 0.0 0.0 0.1 73.4
2.3 29.5 7.2
1.5 39.7 10.2
1.3 26.3 9.3
1.7 29.1 8.6
1.8 27.0 8.5
2.8 24.5 5.4
3.4 26.7 5.5
2.6 23.0 5.2
8.4 28.6 1.1
3.8 7.2 3.0
1.7 50.0 10.5
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.8 18.2 18.2
1.0 18.4 0.0
3,649 1,667 124 2,111 40 -201 270
6,951 4,001 484 5,047 160 -508 1,319
9,300 5,893 1,818 8,092 479 -304 2,338
10,376 6,220 2,367 9,074 621 -404 2,642
11,993 6,821 2,648 10,609 535 -1,116 2,546
13,546 7,380 2,858 12,142 488 -1,782 2,492
13,827 5,852 2,520 9,006 499 -515 2,110
14,802 6,818 2,649 10,533 567 -955 2,701
291.0 132.9 34.7 7.9 44.4 5.6 1.5
135.0 77.7 9.8 6.9 50.5 24.4 3.1
88.7 56.2 6.5 7.9 60.9 44.7 3.5
67.6 40.5 5.4 12.0 54.3 62.9 3.5
48.5 27.6 5.1 19.9 38.5 77.0 2.9
47.5 25.9 5.0 14.7 40.8 71.1 2.5
62.8 26.6 7.1 8.6 41.3 57.4 2.8
61.1 28.2 7.6 9.6 45.4 64.8 3.1
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
162
HONDURAS (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
4,370 4,247 3,882 2,153 443 386 1,729 364 139 82 123 0
4,813 4,253 4,150 2,728 151 838 1,423 102 0 46 560 0
4,645 4,137 4,082 3,183 0 1,353 899 55 0 44 509 0
3,666 3,031 2,979 2,282 0 349 696 53 0 43 635 0
2,615 1,991 1,953 1,273 0 401 680 39 0 28 624 0
2,957 2,301 2,264 1,431 0 449 833 37 0 26 657 0
3,325 2,445 2,358 1,516 0 502 842 87 50 26 880 0
3,740 2,798 2,714 1,891 0 602 823 84 50 23 942 0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
349 287 258 209 7 77 49 29 0 3 62 0
347 163 159 120 0 38 38 4 0 1 184 0
481 302 297 253 0 151 44 4 0 4 179 0
342 210 210 186 0 58 24 0 0 0 133 0
385 230 229 152 0 46 77 1 0 0 155 0
649 431 430 196 0 51 234 1 0 0 218 0
703 246 196 112 0 49 84 50 50 0 457 0
873 452 452 435 0 109 17 0 0 0 421 0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
308 270 243 158 58 2 84 27 13 6 39 0
256 90 89 86 27 2 3 1 0 1 166 0
264 138 138 122 70 8 15 1 0 1 126 0
203 90 87 49 0 3 38 3 0 1 112 0
234 104 102 38 0 0 65 2 0 1 130 0
277 54 53 33 0 0 19 1 0 1 223 0
341 107 106 34 0 0 72 1 0 1 234 0
451 62 61 46 0 0 15 1 0 1 390 0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
203 199 179 103 38 3 75 20 7 5 5 0
107 75 75 66 15 6 9 0 0 0 31 0
83 63 63 50 3 10 13 0 0 0 20 0
102 65 65 46 0 6 19 0 0 0 37 0
81 53 52 35 0 3 18 0 0 0 28 0
76 49 49 35 0 3 14 0 0 0 27 0
68 41 41 31 0 3 10 0 0 0 27 0
60 46 46 36 0 4 10 0 0 0 14 0
125 90
39 44
-839 246
-1,023 255
-898 304
200 233
168 155
494 500
25 10 0
413 19 0
58 779 0
10 1,511 0
31 1,193 0
0 62 0
0 8 0
0 1 0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
87 66
88 80
96 83
124 84
138 82
144 79
158 76
166 72
255 42
180 31
162 21
95 16
75 11
57 8
47 5
38 3
Notes: Data for 2007 include the effects of MDRI, in the amount of $8,697 thousand.
163
INDIA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
95,174 87,709 81,091 6,618 2,416 5,049 0
100,243 96,781 81,195 15,586 0 3,462 0
120,222 111,406 54,726 56,680 0 8,816 0
158,501 133,404 60,043 73,361 0 25,097 0
202,929 166,836 69,855 96,980 0 36,093 0
225,994 182,173 76,248 105,925 0 43,821 0
249,993 203,390 85,211 118,180 0 46,603 0
290,282 233,834 106,205 127,629 0 56,448 0
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
0 80,631 7,078 4,914
0 80,709 16,072 10,707
0 54,598 56,808 3,340
0 59,934 73,470 6,555
0 69,760 97,076 11,986
0 76,091 106,082 8,402
0 85,041 118,349 12,729
0 106,000 127,834 13,663
External debt flows Disbursements Long-term external debt IMF purchases
7,147 7,147 0
10,556 10,556 0
19,380 19,380 0
32,443 32,443 0
64,496 64,496 0
38,690 38,690 0
26,631 26,631 0
43,420 43,420 0
Principal repayments Long-term external debt IMF repurchases
8,676 6,949 1,727
6,728 6,702 25
19,384 19,384 0
12,412 12,412 0
32,097 32,097 0
23,685 23,685 0
10,985 10,985 0
14,708 14,708 0
Net flows Long-term external debt Short-term external debt
-745 197 785
3,358 3,854 -471
1,949 -3 1,952
36,312 20,031 16,281
43,395 32,399 10,996
22,734 15,005 7,728
18,427 15,646 2,782
38,557 28,712 9,845
Interest payments Long-term external debt IMF charges Short-term external debt
4,931 4,363 183 385
4,193 4,007 1 185
4,509 4,196 0 314
4,947 4,524 0 424
7,270 5,488 0 1,782
7,279 5,716 0 1,563
5,518 4,939 0 579
5,373 4,672 0 700
2,144 1,590
3,584 2,481
7,606 12,151
20,336 9,509
25,483 32,863
43,406 -15,030
35,596 21,112
24,159 39,972
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 15.1 4.7 0.9 52.0
.. 12.6 3.8 0.3 66.3
7.4 20.0 3.7 0.3 65.6
7.0 20.3 3.1 0.3 66.1
6.4 19.1 2.5 0.2 67.3
5.4 23.0 2.1 0.2 64.4
4.9 20.3 1.7 0.1 67.6
3.7 19.0 1.3 0.1 71.4
3.5 26.7 8.3
5.5 24.0 6.6
2.9 24.6 6.9
3.1 27.5 5.0
3.5 24.4 6.2
2.0 26.4 5.3
1.0 27.6 6.5
0.8 31.3 8.4
5.7 5.9 4.8
4.3 5.1 4.8
4.6 5.1 4.3
3.9 5.0 3.9
6.6 9.9 3.9
4.4 8.7 2.5
3.6 3.4 2.5
2.3 6.5 3.6
352,268 39,499 6,223 53,444 0 -5,563 22,865
455,206 62,453 12,883 80,489 0 -4,601 41,059
828,137 160,348 22,125 194,274 5,244 -10,284 137,825
943,976 201,697 28,334 239,713 7,738 -9,299 178,050
1,237,315 253,362 37,217 298,582 10,910 -8,076 276,578
1,206,624 321,322 49,977 401,046 11,989 -30,972 257,423
1,372,631 274,989 49,468 350,203 12,278 -25,922 284,683
1,717,580 358,876 54,035 462,815 13,385 -51,781 300,480
241.0 27.0 34.4 5.3 31.6 24.0 5.1
160.5 22.0 17.5 3.5 30.4 41.0 6.1
75.0 14.5 14.9 7.3 26.2 114.6 8.5
78.6 16.8 8.6 15.8 21.7 112.3 8.9
80.1 16.4 15.5 17.8 18.3 136.3 11.1
70.3 18.7 9.6 19.4 17.5 113.9 7.7
90.9 18.2 6.0 18.6 16.9 113.9 9.8
80.9 16.9 5.6 19.4 16.0 103.5 7.8
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
164
INDIA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
87,709 81,091 57,595 30,052 9,849 17,499 27,543 23,496 3,324 13,465 6,618 1,020
96,781 81,195 51,709 30,474 7,078 18,888 21,235 29,486 10,240 18,082 15,586 1,515
111,406 54,726 49,992 31,448 5,276 22,728 18,543 4,734 1,360 3,214 56,680 5,761
133,404 60,043 52,867 34,408 6,007 24,433 18,459 7,176 2,213 4,825 73,361 10,254
166,836 69,855 57,269 37,227 6,680 25,319 20,042 12,587 4,664 7,668 96,980 15,327
182,173 76,248 62,523 39,436 7,429 25,365 23,087 13,725 4,520 8,916 105,925 14,732
203,390 85,211 65,868 42,351 8,382 26,050 23,516 19,343 9,521 9,561 118,180 15,326
233,834 106,205 72,641 46,531 11,180 25,888 26,111 33,564 20,430 12,868 127,629 13,633
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
7,147 5,968 2,842 1,942 589 729 900 3,125 85 1,719 1,179 520
10,556 10,256 3,260 2,371 706 1,054 888 6,996 5,520 878 300 0
19,380 6,630 3,824 2,811 863 1,290 1,013 2,805 1,714 1,091 12,751 2,920
32,443 8,378 3,723 2,732 979 1,005 991 4,655 2,452 2,203 24,066 4,549
64,496 16,010 4,663 3,184 1,003 802 1,479 11,347 7,389 3,831 48,486 7,793
38,690 18,802 5,895 3,701 1,122 961 2,195 12,907 11,507 1,400 19,888 594
26,631 10,380 5,956 4,157 1,408 1,263 1,798 4,425 1,765 2,660 16,250 2,473
43,420 24,351 8,570 6,237 3,334 1,067 2,334 15,781 11,050 4,731 19,069 1,288
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
6,949 6,793 3,885 1,513 943 226 2,372 2,908 320 1,807 156 0
6,702 6,454 3,493 1,740 994 367 1,754 2,960 0 2,737 249 35
19,384 12,469 2,689 951 210 607 1,738 9,781 8,457 1,193 6,914 117
12,412 4,796 2,588 1,155 259 653 1,433 2,208 1,597 589 7,617 57
32,097 8,842 2,380 1,200 346 700 1,180 6,462 5,313 1,130 23,255 409
23,685 13,447 2,989 1,347 390 764 1,642 10,458 9,468 971 10,238 880
10,985 5,331 2,906 1,476 455 799 1,429 2,425 588 1,814 5,654 1,679
14,708 5,190 3,169 1,661 539 835 1,508 2,021 148 1,849 9,518 1,851
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
4,363 3,832 1,872 1,061 770 131 811 1,960 187 1,265 531 56
4,007 3,378 1,435 835 428 139 601 1,942 143 1,737 630 224
4,196 3,022 1,059 458 159 187 601 1,963 1,799 155 1,174 141
4,524 1,291 1,074 648 280 185 426 217 40 172 3,233 217
5,488 1,450 1,170 782 356 189 388 280 41 233 4,038 330
5,716 1,522 1,160 747 313 201 413 362 61 294 4,194 278
4,939 1,319 1,008 558 213 186 450 311 60 244 3,620 290
4,672 1,060 794 361 86 189 433 266 39 221 3,612 421
-4,435 -745
1,115 3,358
-2,365 1,949
38,279 36,312
44,428 43,395
23,066 22,734
23,999 18,427
40,289 38,557
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
5,164 1,103
5,376 1,090
5,703 1,041
5,924 977
5,990 901
5,874 822
5,882 742
5,680 662
39,155 6,071
33,797 4,520
25,513 3,955
17,776 2,460
13,619 1,799
9,158 1,295
6,758 917
5,363 602
Notes: External debt data prior to 2003 are mechanically adjusted from fiscal year to calendar year. Public and publicly guaranteed bonds include Foreign Institutional Investor debt (FII) as reported by the Reserve Bank of India. Short-term debt is based on reports provided by the country.
165
INDONESIA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
124,389 98,422 65,299 33,123 0 25,966 0
143,344 110,818 69,649 41,169 10,838 21,688 4,632
134,347 117,506 74,242 43,264 7,807 9,034 0
125,343 115,359 70,536 44,822 0 9,984 0
133,847 118,399 72,015 46,384 0 15,448 0
147,622 127,134 79,751 47,383 0 20,488 0
162,850 138,801 85,967 52,834 0 24,050 0
179,064 147,809 91,024 56,785 0 31,255 0
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
0 65,299 33,123 11,003
3,000 69,649 41,169 2,221
148 74,242 43,264 4,541
0 70,536 44,822 4,727
0 72,015 46,384 5,880
0 79,751 47,383 9,720
0 85,967 52,834 14,791
0 91,024 56,785 7,864
External debt flows Disbursements Long-term external debt IMF purchases
13,633 13,633 0
6,774 5,651 1,123
13,879 13,879 0
18,472 18,472 0
18,270 18,270 0
22,928 22,928 0
31,424 31,424 0
31,214 31,214 0
Principal repayments Long-term external debt IMF repurchases
10,198 10,198 0
9,268 9,268 0
16,891 15,746 1,145
24,463 16,426 8,037
18,811 18,811 0
16,703 16,703 0
20,419 20,419 0
23,963 23,963 0
Net flows Long-term external debt Short-term external debt
9,945 3,435 6,509
-1,967 -3,617 527
-8,603 -1,868 -5,590
-5,041 2,046 950
4,923 -541 5,464
11,265 6,225 5,040
14,566 11,005 3,561
14,456 7,251 7,205
Interest payments Long-term external debt IMF charges Short-term external debt
6,220 4,936 0 1,284
7,356 5,673 526 1,157
3,337 2,933 313 91
3,817 3,416 292 109
5,113 4,996 0 117
4,671 4,461 0 210
4,459 4,301 0 159
5,335 4,944 0 391
4,346 1,493
-4,550 -1,021
8,336 -165
4,914 1,898
6,928 3,559
9,318 322
4,877 787
13,304 2,132
1. Summary external debt data External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 35.3 0.8 0.7 21.5
.. 33.1 1.2 0.6 50.3
13.3 33.8 2.2 0.6 45.4
14.4 34.0 2.0 0.6 44.3
14.7 33.5 1.8 0.5 44.7
11.6 36.6 1.1 0.4 45.6
10.0 32.4 1.0 0.4 51.8
8.0 34.7 0.8 0.3 51.8
5.1 21.4 5.8
2.9 24.5 6.8
3.9 23.5 6.1
3.9 25.7 6.7
2.8 25.0 7.5
1.9 20.4 6.9
1.7 22.2 5.5
1.0 22.2 7.8
6.8 12.4 3.8
6.6 7.7 4.4
6.9 14.7 12.9
7.2 20.9 18.3
6.4 27.4 26.6
6.9 18.0 17.4
9.6 8.0 7.7
4.6 9.9 9.4
196,188 54,229 651 61,641 718 -6,431 14,908
150,317 73,079 1,190 66,903 3,574 7,992 29,353
271,958 102,260 5,420 106,775 9,525 278 34,731
349,038 117,635 5,722 111,639 9,637 10,859 42,597
414,334 133,971 6,174 128,582 10,813 10,493 56,936
492,094 158,444 6,794 163,683 10,675 125 51,641
520,467 134,722 6,793 128,671 8,848 10,628 66,119
686,633 176,730 6,916 175,713 12,436 5,654 96,211
229.4 63.4 30.3 20.9 16.1 12.0 2.9
196.1 95.4 22.7 15.1 13.9 20.5 5.3
131.4 49.4 19.8 6.7 13.8 25.9 3.9
106.6 35.9 24.0 8.0 14.6 34.0 4.6
99.9 32.3 17.9 11.5 13.9 42.5 5.3
93.2 30.0 13.5 13.9 13.5 35.0 3.8
120.9 31.3 18.5 14.8 12.9 40.6 6.2
101.3 26.1 16.6 17.5 12.6 53.7 6.6
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
166
INDONESIA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
98,422 65,299 51,272 20,013 12,503 756 31,260 14,027 704 7,178 33,123 3,420
110,818 69,649 54,883 19,904 11,715 714 34,979 14,766 971 10,489 41,169 6,337
117,506 74,242 59,945 18,514 8,132 1,001 41,431 14,297 4,029 8,062 43,264 5,878
115,359 70,536 58,422 18,246 7,423 1,318 40,176 12,114 5,157 5,090 44,822 6,222
118,399 72,015 58,720 18,611 6,821 1,550 40,109 13,296 6,370 5,168 46,384 4,668
127,134 79,751 63,184 19,962 6,968 2,006 43,222 16,567 10,450 4,640 47,383 4,678
138,801 85,967 63,270 21,052 7,876 2,234 42,218 22,696 14,344 5,810 52,834 5,897
147,809 91,024 66,484 22,567 9,054 2,313 43,917 24,540 16,990 5,313 56,785 5,788
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
13,633 6,670 4,254 1,777 1,045 0 2,477 2,416 605 1,010 6,963 1,763
5,651 3,301 3,038 1,750 1,051 59 1,288 263 0 258 2,350 350
13,879 5,012 2,578 1,667 585 67 911 2,434 2,095 264 8,866 194
18,472 7,121 3,798 1,876 696 315 1,922 3,323 1,930 947 11,351 144
18,270 6,030 3,756 2,134 767 219 1,622 2,273 1,425 552 12,240 486
22,928 9,062 4,599 2,842 1,398 494 1,758 4,462 4,080 378 13,867 368
31,424 12,729 6,142 3,020 2,044 244 3,122 6,587 3,893 1,656 18,695 1,808
31,214 11,224 6,560 3,186 2,078 142 3,375 4,663 2,545 1,185 19,990 195
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
10,198 5,715 3,127 1,289 955 20 1,838 2,589 0 1,681 4,483 120
9,268 3,868 1,586 1,116 761 26 470 2,282 0 2,107 5,400 2,400
15,746 6,232 3,539 1,957 1,390 27 1,583 2,692 310 1,679 9,515 267
16,426 6,925 5,365 1,976 1,403 27 3,389 1,560 252 982 9,501 257
18,811 8,062 6,781 1,971 1,369 27 4,810 1,281 212 679 10,749 432
16,703 6,482 5,729 1,920 1,252 27 3,809 753 0 594 10,221 261
20,419 7,051 6,122 1,910 1,135 31 4,212 929 0 767 13,368 588
23,963 5,833 5,202 1,819 900 32 3,383 632 0 476 18,129 411
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
4,936 3,775 2,667 1,403 921 6 1,264 1,107 6 676 1,161 139
5,673 3,738 2,575 1,383 950 5 1,192 1,163 72 871 1,935 735
2,933 1,921 1,189 865 481 9 324 732 136 510 1,012 113
3,416 2,118 1,712 832 425 10 880 406 97 195 1,298 184
4,996 2,730 2,042 861 435 11 1,180 689 331 251 2,266 202
4,461 2,718 1,968 789 370 13 1,179 751 439 220 1,743 89
4,301 2,802 1,693 584 249 15 1,109 1,109 837 187 1,499 31
4,944 3,034 1,586 514 291 16 1,072 1,448 1,225 148 1,910 81
16,580 9,945
-8,117 -1,967
-2,770 -8,603
-9,004 -5,041
8,504 4,923
13,775 11,265
15,228 14,566
16,213 14,456
0 0 0
2,461 0 0
2,608 0 0
0 92 0
0 0 0
0 0 0
0 0 0
0 0 0
7. Long-term external debt
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
6,342 1,437
6,159 1,316
6,453 1,187
6,122 1,043
5,790 902
5,190 770
4,558 659
4,426 563
12,301 3,711
9,216 3,360
10,832 3,199
10,281 2,887
6,032 2,199
3,275 1,882
2,718 1,632
6,950 1,949
Notes: Debt data are revised significantly as previous publications included local currency external debt. Data on long-term private nonguaranteed debt data might include short-term debt data until 2005 and are revised based on reports provided by the country from 2006. Short-term debt is based on reports provided by the country since 2005.
167
IRAN, ISLAMIC REPUBLIC OF (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
21,565 15,116 15,116 0 0 6,449 6
7,717 4,709 4,709 0 0 3,008 0
21,879 10,521 10,521 0 0 11,358 0
19,387 11,128 11,128 0 0 8,259 0
21,074 11,174 11,174 0 0 9,900 0
13,969 8,934 8,934 0 0 5,035 0
13,464 7,553 7,553 0 0 5,911 0
12,570 6,411 6,411 0 0 6,159 0
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
48 15,031 84 1,978
0 4,689 20 2,813
0 10,512 10 1,992
0 11,121 7 797
0 11,168 6 0
0 8,931 3 35
0 7,543 9 44
0 6,398 13 21
External debt flows Disbursements Long-term external debt IMF purchases
979 979 0
1,469 1,469 0
2,751 2,751 0
1,724 1,724 0
1,142 1,142 0
978 978 0
531 531 0
295 295 0
Principal repayments Long-term external debt IMF repurchases
4,120 4,120 0
2,345 2,345 0
1,734 1,734 0
1,718 1,718 0
2,009 2,009 0
2,161 2,161 0
2,092 2,092 0
1,595 1,595 0
Net flows Long-term external debt Short-term external debt
-227 -3,141 2,914
-1,485 -876 -609
1,439 1,017 422
-3,093 6 -3,099
774 -867 1,641
-6,049 -1,184 -4,865
-685 -1,561 876
-1,052 -1,300 248
Interest payments Long-term external debt IMF charges Short-term external debt
1,602 1,107 0 494
572 391 0 180
1,099 419 0 680
1,033 509 0 524
946 572 0 374
616 502 0 114
485 278 0 207
371 139 0 232
17 0
39 0
3,136 ..
1,647 ..
1,670 ..
1,615 ..
3,016 ..
3,617 ..
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 4.9 0.0 0.6 71.5
.. 9.4 0.6 3.9 68.3
52.3 8.1 0.1 4.4 34.9
55.9 6.8 0.1 3.6 33.4
58.8 6.9 0.0 3.4 30.7
57.2 7.3 0.0 2.7 32.6
57.3 7.4 0.0 2.4 32.7
56.9 7.5 0.0 2.3 33.1
7.5 8.2 2.3
4.9 13.6 4.4
4.4 15.0 4.4
5.9 11.8 3.8
0.0 0.0 0.0
0.0 0.0 0.0
3.9 6.5 2.4
0.0 0.0 0.0
6.3 11.3 3.4
6.6 10.8 2.9
4.9 10.1 2.6
6.0 10.0 2.5
0.0 0.0 0.0
5.6 6.7 2.2
5.4 6.0 1.5
4.4 7.2 2.7
90,172 19,269 1,600 15,907 0 3,358 ..
101,335 30,131 536 18,107 0 12,481 ..
188,503 .. 1,032 .. .. .. ..
219,296 .. 1,032 .. .. .. ..
283,000 .. 1,115 .. .. .. ..
335,654 .. 1,115 .. .. .. ..
328,593 .. 1,072 .. .. .. ..
.. .. 1,181 .. .. .. ..
111.9 23.9 29.7 29.9 1.8 .. ..
25.6 7.6 9.7 39.0 6.6 .. ..
.. 11.6 .. 51.9 1.7 .. ..
.. 8.8 .. 42.6 2.9 .. ..
.. 7.4 .. 47.0 3.3 .. ..
.. 4.2 .. 36.0 5.4 .. ..
.. 4.1 .. 43.9 6.3 .. ..
.. .. .. 49.0 6.6 .. ..
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
168
IRAN, ISLAMIC REPUBLIC OF (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
15,116 15,116 11,354 381 316 0 10,974 3,761 0 5 0 0
4,709 4,709 1,664 507 481 0 1,157 3,045 0 1,043 0 0
10,521 10,521 2,045 381 378 0 1,663 8,477 0 4,042 0 0
11,128 11,128 2,284 559 559 0 1,725 8,844 0 4,536 0 0
11,174 11,174 2,436 699 699 0 1,737 8,738 0 4,800 0 0
8,934 8,934 2,389 761 761 0 1,628 6,545 0 3,820 0 0
7,553 7,553 2,272 854 836 0 1,418 5,280 0 3,165 0 0
6,411 6,411 2,025 830 801 0 1,195 4,385 0 2,723 0 0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
979 979 393 123 85 0 270 586 0 1 0 0
1,469 1,469 477 120 114 0 357 993 0 268 0 0
2,751 2,751 673 258 247 0 415 2,078 0 1,399 0 0
1,724 1,724 508 248 248 0 261 1,216 0 941 0 0
1,142 1,142 338 212 212 0 125 805 0 653 0 0
978 978 295 144 144 0 152 682 0 605 0 0
531 531 228 178 159 0 50 303 0 276 0 0
295 295 101 85 72 0 16 193 0 180 0 0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
4,120 4,120 3,497 41 6 0 3,456 622 0 1 0 0
2,345 2,345 1,785 108 70 0 1,677 561 0 67 0 0
1,734 1,734 329 155 145 0 174 1,405 0 713 0 0
1,718 1,718 275 75 66 0 199 1,443 0 689 0 0
2,009 2,009 302 73 73 0 229 1,707 0 932 0 0
2,161 2,161 331 66 66 0 264 1,831 0 1,051 0 0
2,092 2,092 381 84 84 0 297 1,710 0 1,006 0 0
1,595 1,595 317 11 8 0 306 1,277 0 726 0 0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
1,107 1,107 787 27 19 0 759 321 0 0 0 0
391 391 190 44 40 0 146 202 0 82 0 0
419 419 103 39 39 0 63 316 0 155 0 0
509 509 98 25 25 0 73 410 0 220 0 0
572 572 114 36 36 0 78 458 0 264 0 0
502 502 89 25 25 0 64 413 0 237 0 0
278 278 73 15 15 0 58 205 0 122 0 0
139 139 53 8 8 0 45 86 0 51 0 0
-677 -227
-1,629 -1,485
941 1,439
-2,492 -3,093
1,686 774
-7,105 -6,049
-505 -685
-894 -1,052
3,178 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
480 43
443 30
272 21
230 15
161 11
144 7
103 5
81 3
1,600 66
1,230 43
845 26
544 14
348 7
200 2
80 1
7 0
Notes: Fiscal year-end for external debt data is March.
169
JAMAICA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
4,581 3,849 3,721 128 240 492 102
4,724 3,871 3,768 103 60 793 150
6,531 5,914 5,524 390 0 617 225
8,059 6,956 6,144 811 0 1,103 261
10,422 8,883 6,710 2,173 0 1,539 284
10,331 9,068 6,904 2,164 0 1,263 267
10,987 9,943 6,702 3,241 0 1,044 229
13,865 11,900 7,593 4,307 785 1,180 219
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
203 3,721 128 234
131 3,767 104 1,066
146 5,523 391 1,123
219 6,143 813 886
157 6,709 2,174 809
146 6,902 2,165 760
176 6,701 3,242 989
153 7,592 4,308 1,346
External debt flows Disbursements Long-term external debt IMF purchases
316 305 11
904 904 0
1,346 1,346 0
1,216 1,216 0
2,396 2,396 0
692 692 0
1,539 1,539 0
3,138 2,360 778
Principal repayments Long-term external debt IMF repurchases
436 340 95
443 424 19
551 550 1
312 312 0
590 590 0
459 459 0
702 702 0
340 340 0
Net flows Long-term external debt Short-term external debt
-106 -35 14
440 481 -21
317 797 -479
1,354 904 450
2,219 1,806 413
-26 233 -259
656 837 -181
2,944 2,020 146
Interest payments Long-term external debt IMF charges Short-term external debt
232 191 17 24
261 208 4 49
419 387 0 32
512 473 0 39
717 657 0 60
700 673 0 27
758 746 0 12
846 828 6 11
147 0
468 0
682 0
882 0
866 0
1,437 0
541 0
228 0
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 9.9 4.1 0.0 47.6
.. 7.1 2.0 0.0 61.7
17.9 3.4 1.5 0.0 70.1
20.4 2.8 1.4 0.0 70.0
22.2 2.4 1.2 0.0 69.8
20.3 2.7 0.5 0.0 72.6
17.2 2.6 0.6 0.0 76.3
14.8 2.5 0.5 0.0 79.6
5.6 21.6 4.7
6.1 19.8 5.4
4.1 22.0 5.7
1.4 18.6 16.9
3.2 19.8 5.1
4.1 23.3 5.7
3.7 16.5 4.2
1.4 20.4 5.2
6.3 8.9 2.1
11.0 6.0 4.2
8.2 12.8 10.6
7.9 20.6 15.3
7.7 27.2 23.0
7.5 10.8 8.2
2.9 11.2 1.4
0.0 0.0 0.0
5,569 3,541 653 4,246 230 -99 681
8,662 3,782 892 4,970 290 -367 1,054
10,476 4,322 1,784 6,972 454 -1,071 2,170
11,375 5,161 1,946 8,092 376 -1,183 2,318
12,037 5,590 2,144 9,668 533 -2,038 1,879
13,559 6,027 2,181 10,970 376 -2,793 1,773
12,018 4,273 1,912 7,259 232 -1,128 2,076
13,305 4,248 2,011 7,192 127 -934 2,501
129.4 82.3 18.8 10.7 26.9 14.9 1.9
124.9 54.5 18.6 16.8 25.8 22.3 2.5
151.1 62.3 22.4 9.4 20.4 33.2 3.7
156.2 70.8 16.0 13.7 16.1 28.8 3.4
186.4 86.6 23.4 14.8 12.1 18.0 2.3
171.4 76.2 19.2 12.2 12.9 17.2 1.9
257.1 91.4 34.1 9.5 13.8 18.9 3.4
326.4 104.2 27.9 8.5 16.9 18.0 4.2
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
170
JAMAICA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
3,849 3,721 3,363 1,234 595 0 2,129 358 25 269 128 55
3,871 3,768 2,449 1,218 415 0 1,231 1,320 1,004 265 103 0
5,914 5,524 2,124 1,333 410 0 791 3,400 3,043 317 390 300
6,956 6,144 2,157 1,298 387 0 859 3,988 3,568 385 811 730
8,883 6,710 2,258 1,260 360 0 998 4,452 4,050 357 2,173 2,130
9,068 6,904 2,271 1,336 327 0 935 4,633 4,218 380 2,164 2,130
9,943 6,702 2,406 1,520 398 0 886 4,296 3,890 365 3,241 3,215
11,900 7,593 3,259 2,348 579 0 912 4,334 3,786 505 4,307 4,290
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
305 250 193 125 61 0 68 57 13 42 55 0
904 904 311 255 98 0 57 593 553 24 0 0
1,346 1,039 87 67 17 0 20 952 875 75 307 300
1,216 786 234 82 18 0 153 552 450 97 430 430
2,396 996 274 93 19 0 182 722 625 80 1,400 1,400
692 692 266 219 13 0 47 426 350 76 0 0
1,539 454 350 336 120 0 14 104 0 94 1,085 1,085
2,360 1,285 1,075 971 222 0 104 210 0 198 1,075 1,075
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
340 335 255 127 85 0 129 80 0 73 5 0
424 360 273 122 60 0 151 87 13 47 64 55
550 541 231 119 39 0 113 310 256 44 9 0
312 303 246 137 43 0 109 58 0 44 9 0
590 567 244 154 48 0 89 324 229 85 22 0
459 450 260 148 47 0 113 190 138 44 9 0
702 693 229 153 49 0 76 464 345 113 9 0
340 331 208 136 41 0 72 124 68 48 9 0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
191 181 158 83 47 0 75 23 2 19 11 5
208 195 120 65 22 0 55 75 50 18 13 2
387 361 84 63 19 0 21 277 265 11 26 21
473 422 91 67 22 0 24 332 325 6 51 45
657 472 90 69 22 0 21 382 373 8 185 181
673 480 80 62 19 0 18 400 392 7 193 191
746 521 95 59 15 0 36 426 404 21 225 224
828 488 100 51 12 0 49 388 375 12 341 340
-29 -106
798 440
80 317
1,528 1,354
2,363 2,219
-91 -26
656 656
2,878 2,944
105 0 0
0 4 0
0 2 0
0 3 0
0 2 0
0 6 0
0 0 0
0 5 0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
224 70
230 66
225 62
184 57
237 53
262 48
252 43
237 38
529 754
854 717
224 643
909 586
1,937 462
259 369
1,422 295
960 185
171
JORDAN (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
7,661 6,624 6,624 0 251 785 67
7,355 6,183 6,183 0 462 710 102
7,696 6,878 6,878 0 236 582 0
8,055 7,143 7,143 0 158 754 1
8,371 7,321 7,321 0 88 962 0
6,580 5,126 5,126 0 28 1,426 0
6,615 5,445 5,445 0 12 1,158 0
7,822 6,504 6,504 0 8 1,310 1
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
177 6,624 0 1,259
281 6,148 35 384
17 6,790 88 337
36 7,000 142 159
34 7,172 150 220
34 4,978 148 427
17 5,306 139 915
17 6,371 133 1,226
External debt flows Disbursements Long-term external debt IMF purchases
724 609 115
196 176 20
434 434 0
277 277 0
190 190 0
230 230 0
762 762 0
1,389 1,389 0
Principal repayments Long-term external debt IMF repurchases
337 329 8
424 393 31
418 341 77
441 353 88
486 409 76
2,471 2,412 59
421 405 16
491 487 4
Net flows Long-term external debt Short-term external debt
484 280 97
-399 -217 -171
97 93 81
7 -76 171
-87 -220 209
-1,777 -2,182 464
73 357 -268
1,049 902 151
Interest payments Long-term external debt IMF charges Short-term external debt
263 209 10 43
315 239 24 52
198 160 10 27
249 196 10 42
284 227 7 49
232 200 3 29
164 147 0 17
162 147 0 16
13 0
913 -17
1,984 169
3,544 144
2,622 346
2,827 521
2,427 -30
1,701 -20
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 25.6 5.5 0.5 28.9
.. 27.5 3.4 0.4 29.3
21.1 20.1 8.9 1.1 26.4
23.3 18.3 9.3 0.7 25.9
24.1 17.8 9.3 0.7 25.3
12.6 29.9 0.0 0.3 24.8
12.0 25.9 0.0 0.3 31.1
9.3 22.6 0.0 0.2 37.1
4.7 21.8 8.4
4.8 19.5 6.4
2.9 23.6 6.0
3.4 21.1 5.8
4.6 20.5 6.0
3.4 20.8 5.7
2.1 18.1 4.6
2.0 13.2 4.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.2 34.3 11.3
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
3.9 5.0 4.9
6,449 3,594 1,441 5,297 0 -259 2,279
8,561 4,207 1,845 6,363 33 27 3,441
12,925 7,426 2,500 12,314 74 -2,272 5,461
16,098 9,144 2,883 13,810 130 -1,726 6,982
18,449 10,684 3,434 16,421 163 -2,875 7,925
23,392 13,751 3,794 19,869 257 -2,037 8,918
25,696 12,098 3,597 17,024 294 -1,128 12,135
28,081 13,268 3,641 18,521 283 -1,311 13,633
213.1 118.8 16.7 10.2 15.5 29.8 5.2
174.8 85.9 17.6 9.7 23.2 46.8 6.5
103.6 59.5 8.3 7.6 24.8 71.0 5.3
88.1 50.0 7.5 9.4 24.3 86.7 6.1
78.4 45.4 7.2 11.5 23.7 94.7 5.8
47.9 28.1 19.7 21.7 29.7 135.5 5.4
54.7 25.7 4.8 17.5 35.7 183.4 8.6
59.0 27.9 4.9 16.7 32.3 174.3 8.8
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
172
JORDAN (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
6,624 6,624 4,583 1,185 736 69 3,397 2,041 801 337 0 0
6,183 6,183 5,190 1,706 798 57 3,484 993 636 1 0 0
6,878 6,878 6,438 1,905 925 45 4,533 440 190 0 0 0
7,143 7,143 6,714 1,961 897 42 4,754 429 188 0 0 0
7,321 7,321 6,910 1,986 868 39 4,924 411 186 0 0 0
5,126 5,126 4,777 1,956 835 37 2,821 350 184 6 0 0
5,445 5,445 5,101 2,361 1,074 34 2,740 344 181 12 0 0
6,504 6,504 5,420 2,528 1,008 32 2,892 1,084 914 24 0 0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
609 609 609 259 158 0 351 0 0 0 0 0
176 176 176 80 38 0 96 0 0 0 0 0
434 434 269 161 48 0 108 165 145 0 0 0
277 277 277 194 43 0 83 0 0 0 0 0
190 190 190 133 39 0 57 0 0 0 0 0
230 230 224 158 41 0 67 6 0 6 0 0
762 762 756 630 335 0 126 6 0 6 0 0
1,389 1,389 627 429 33 0 198 762 750 12 0 0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
329 329 128 117 77 2 11 201 0 135 0 0
393 393 238 124 53 3 114 155 95 19 0 0
341 341 322 170 73 3 152 20 11 0 0 0
353 353 340 168 78 3 172 12 1 0 0 0
409 409 392 174 78 3 218 17 2 0 0 0
2,412 2,412 2,338 185 86 3 2,154 73 2 0 0 0
405 405 394 202 95 3 191 11 2 0 0 0
487 487 460 275 101 3 185 27 17 0 0 0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
209 209 116 63 48 1 53 94 41 32 0 0
239 239 158 91 53 0 67 80 46 1 0 0
160 160 153 76 33 0 77 7 4 0 0 0
196 196 179 90 45 0 89 18 12 0 0 0
227 227 209 97 50 0 112 18 12 0 0 0
200 200 182 88 38 0 94 19 12 0 0 0
147 147 131 77 28 0 54 16 12 0 0 0
147 147 121 68 14 0 54 25 23 0 0 0
107 484
-728 -399
-370 97
359 7
316 -87
-1,791 -1,777
35 73
1,207 1,049
365 322 0
194 63 85
220 0 0
208 0 0
196 0 0
0 246 2,038
0 0 0
0 0 0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
611 136
549 127
509 115
497 104
472 92
422 81
397 71
383 62
19 43
30 42
17 41
12 41
763 40
14 11
15 10
16 10
173
KAZAKHSTAN (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
3,750 2,937 2,834 103 432 381 162
12,433 11,472 3,623 7,849 0 961 0
43,478 35,327 2,177 33,150 0 8,151 0
72,443 61,569 2,136 59,433 0 10,873 0
95,542 84,388 1,698 82,690 0 11,154 0
107,278 96,958 1,915 95,043 0 10,321 0
111,115 102,439 2,487 99,952 0 8,676 0
118,723 109,686 3,842 105,844 0 9,037 0
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
0 2,834 103 982
0 3,619 7,852 688
0 2,157 33,170 159
0 2,130 59,439 30
0 1,698 82,690 0
0 1,915 95,043 174
0 2,487 99,952 3,550
0 3,842 105,844 1,340
External debt flows Disbursements Long-term external debt IMF purchases
881 740 141
3,057 3,057 0
17,237 17,237 0
37,916 37,916 0
44,750 44,750 0
40,925 40,925 0
30,524 30,524 0
50,133 50,133 0
Principal repayments Long-term external debt IMF repurchases
105 105 0
2,595 2,153 442
11,450 11,450 0
12,172 12,172 0
23,596 23,596 0
29,035 29,035 0
20,103 20,103 0
42,789 42,789 0
Net flows Long-term external debt Short-term external debt
868 635 93
1,057 904 595
9,995 5,786 4,209
28,466 25,744 2,722
21,434 21,154 281
11,057 11,890 -833
8,776 10,421 -1,645
7,705 7,344 361
Interest payments Long-term external debt IMF charges Short-term external debt
130 102 17 10
775 713 11 51
1,730 1,526 0 204
2,303 1,953 0 350
3,575 3,537 0 38
4,391 4,117 0 274
5,677 5,373 0 304
4,971 4,655 0 316
964 ..
1,283 19
1,971 150
6,278 2,789
11,119 828
14,322 -1,280
13,771 38
9,961 96
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 8.9 0.0 0.0 6.9
.. 13.8 0.6 0.0 61.2
1.9 32.6 0.0 0.0 53.9
2.1 34.9 0.0 0.0 53.5
2.6 46.7 0.0 0.0 46.8
1.9 52.5 0.0 0.0 42.1
1.4 40.1 0.0 0.0 55.9
0.8 24.5 0.0 0.0 73.2
5.5 14.3 4.5
3.0 27.6 8.4
5.0 16.8 5.3
6.2 16.3 4.8
0.0 0.0 0.0
3.0 15.1 5.3
1.4 21.2 4.7
1.0 23.4 3.5
6.4 5.9 2.3
11.0 6.0 5.6
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
20,229 6,020 116 6,292 74 -213 1,660
17,038 10,480 122 10,362 1,046 366 2,099
51,427 31,209 178 31,852 4,633 -1,056 7,070
71,512 43,011 186 43,803 7,694 -1,999 19,127
91,766 55,379 223 61,541 11,305 -8,322 17,641
113,926 79,637 192 72,327 16,956 6,326 19,883
102,471 50,665 261 54,342 10,711 -4,359 23,183
125,913 66,917 291 62,164 14,923 4,319 28,265
62.3 18.5 3.9 10.2 10.4 44.3 3.2
118.6 73.0 32.2 7.7 11.9 16.9 2.4
139.3 84.5 42.2 18.7 2.0 16.3 2.7
168.4 101.3 33.7 15.0 1.1 26.4 5.2
172.5 104.1 49.1 11.7 0.7 18.5 3.4
134.7 94.2 42.0 9.6 0.7 18.5 3.3
219.3 108.4 50.9 7.8 1.2 20.9 5.1
177.4 94.3 71.4 7.6 2.3 23.8 5.5
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
174
KAZAKHSTAN (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
2,937 2,834 2,293 392 295 0 1,901 541 0 17 103 0
11,472 3,623 2,239 1,482 1,057 0 757 1,384 1,000 263 7,849 100
35,327 2,177 1,780 869 599 0 911 396 350 46 33,150 7,550
61,569 2,136 1,762 823 502 0 939 374 350 24 59,433 13,814
84,388 1,698 1,684 711 427 0 973 13 0 13 82,690 24,623
96,958 1,915 1,912 748 463 0 1,164 3 0 3 95,043 24,125
102,439 2,487 2,486 1,349 547 0 1,137 1 0 1 99,952 22,097
109,686 3,842 3,842 2,785 1,830 0 1,057 0 0 0 105,844 21,044
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
740 671 421 171 107 0 250 249 0 17 69 0
3,057 623 168 95 50 0 73 455 350 105 2,434 0
17,237 197 197 80 37 0 117 0 0 0 17,040 3,050
37,916 177 177 106 29 0 71 0 0 0 37,739 6,219
44,750 160 160 112 67 0 48 0 0 0 44,590 10,993
40,925 145 145 95 65 0 51 0 0 0 40,780 540
30,524 717 717 659 115 0 58 0 0 0 29,807 0
50,133 1,519 1,519 1,497 1,320 0 22 0 0 0 48,615 450
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
105 95 27 0 0 0 27 68 0 0 11 0
2,153 216 133 31 20 0 102 83 0 30 1,937 0
11,450 1,090 1,018 921 658 0 97 72 0 72 10,360 0
12,172 222 200 160 130 0 40 22 0 22 11,949 0
23,596 640 279 226 143 0 53 361 350 11 22,957 400
29,035 131 120 58 28 0 62 11 0 11 28,905 850
20,103 131 130 59 32 0 71 2 0 2 19,971 2,108
42,789 278 278 61 37 0 217 1 0 1 42,511 1,503
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
102 100 59 15 14 0 44 41 0 0 1 0
713 235 124 82 62 0 42 112 90 14 477 11
1,526 146 102 73 54 0 28 44 39 5 1,380 543
1,953 113 71 44 31 0 27 42 39 3 1,839 834
3,537 96 74 46 29 0 29 22 19 2 3,441 1,510
4,117 67 66 35 19 0 31 1 0 1 4,051 1,802
5,373 58 58 28 17 0 30 0 0 0 5,315 1,706
4,655 54 54 27 7 0 27 0 0 0 4,601 1,525
961 868
6,304 1,057
10,662 9,995
28,964 28,466
23,099 21,434
11,736 11,057
3,837 8,776
7,608 7,705
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
133 52
276 53
428 52
470 54
369 56
370 53
368 49
359 45
26,883 2,528
19,282 1,910
10,193 1,473
14,991 1,076
11,450 778
9,159 488
12,126 255
16 107
Notes: Long-term private nonguaranteed debt includes only registered private debt of the National Bank of Kazakhstan. Short-term debt is based on the National Bank data from 2000.
175
KENYA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
7,309 6,302 5,857 445 374 634 31
6,141 5,216 5,041 175 127 798 47
6,428 5,770 5,770 0 159 499 21
6,622 5,867 5,867 0 153 602 34
7,462 6,229 6,229 0 269 964 57
7,549 6,387 6,387 0 252 910 66
8,182 6,720 6,720 0 451 1,012 73
8,400 6,978 6,978 0 417 1,005 80
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
6 5,857 445 326
142 5,041 175 355
141 5,770 0 297
334 5,867 0 575
308 6,229 0 1,146
271 6,387 0 395
276 6,720 0 1,323
242 6,978 0 1,608
External debt flows Disbursements Long-term external debt IMF purchases
677 677 0
377 333 44
242 168 74
126 126 0
456 341 115
350 350 0
747 538 209
530 530 0
Principal repayments Long-term external debt IMF repurchases
605 566 39
449 407 42
447 439 7
334 320 14
345 335 10
298 287 11
275 257 18
284 258 26
Net flows Long-term external debt Short-term external debt
78 111 6
-31 -74 41
-459 -271 -254
-118 -194 90
450 6 339
-11 63 -63
567 281 95
232 272 -14
Interest payments Long-term external debt IMF charges Short-term external debt
299 261 2 36
142 100 1 41
91 72 1 18
94 71 1 23
108 78 1 29
113 91 1 21
111 85 2 23
115 90 0 25
42 5
111 -6
21 3
51 2
729 0
96 5
116 3
186 33
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 18.6 3.8 4.2 35.8
.. 20.1 2.5 1.4 49.8
19.2 18.6 0.6 0.1 49.3
18.9 18.6 0.7 0.1 48.8
19.8 17.4 0.6 0.1 48.2
17.0 20.0 0.4 0.1 46.7
18.1 17.9 0.4 0.1 45.3
16.1 18.4 0.4 0.1 43.7
2.1 35.7 9.8
1.1 39.0 10.0
1.5 32.4 7.7
1.7 33.4 8.9
1.1 39.7 9.9
1.3 30.6 8.3
1.3 32.8 8.9
1.0 33.6 10.0
4.8 5.2 0.6
7.5 5.9 1.4
0.0 0.0 0.0
0.0 0.0 0.0
0.0 17.3 2.5
1.0 13.0 1.5
3.9 7.8 3.3
2.7 8.3 1.8
8,726 3,580 298 6,195 116 -1,578 384
12,562 2,821 538 3,941 29 -199 898
18,732 5,416 805 6,921 35 -252 1,799
22,540 6,045 1,128 8,341 39 -510 2,416
27,216 7,223 1,588 10,364 124 -1,032 3,355
30,134 8,467 1,692 12,781 52 -1,983 2,879
29,311 7,567 1,686 11,514 60 -1,689 3,850
31,264 9,037 1,777 13,835 67 -2,512 4,321
204.2 83.8 25.3 8.7 39.7 5.3 0.7
217.7 48.9 20.9 13.0 46.2 14.6 2.7
118.7 34.3 9.9 7.8 53.3 28.0 3.1
109.5 29.4 7.1 9.1 52.0 36.5 3.5
103.3 27.4 6.3 12.9 48.3 45.0 3.9
89.2 25.1 4.9 12.1 49.4 38.1 2.7
108.1 27.9 5.1 12.4 48.2 47.0 4.0
93.0 26.9 4.4 12.0 48.9 51.4 3.7
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
176
KENYA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
6,302 5,857 5,212 2,903 435 1,977 2,309 645 0 510 445 0
5,216 5,041 4,559 2,836 47 2,262 1,724 482 0 436 175 0
5,770 5,770 5,406 3,426 0 2,663 1,980 363 0 292 0 0
5,867 5,867 5,540 3,445 0 2,764 2,095 327 0 252 0 0
6,229 6,229 5,890 3,601 0 2,968 2,288 339 0 260 0 0
6,387 6,387 6,068 3,727 0 3,050 2,341 319 0 238 0 0
6,720 6,720 6,368 3,946 0 3,156 2,422 352 0 243 0 0
6,978 6,978 6,667 4,110 0 3,238 2,557 311 0 202 0 0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
677 677 545 219 0 159 326 132 0 72 0 0
333 333 248 196 0 170 52 85 0 77 0 0
168 168 140 64 0 34 76 28 0 28 0 0
126 126 125 76 0 41 48 1 0 1 0 0
341 341 341 225 0 159 116 0 0 0 0 0
350 350 343 256 0 178 87 7 0 0 0 0
538 538 510 290 0 164 220 27 0 0 0 0
530 530 518 335 0 220 184 12 0 1 0 0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
566 481 271 150 100 9 120 210 0 164 85 0
407 362 241 112 40 29 129 121 0 108 45 0
439 429 356 327 1 54 28 74 0 72 10 0
320 320 258 220 0 60 38 62 0 61 0 0
335 335 324 224 0 66 100 11 0 9 0 0
287 287 272 106 0 75 166 15 0 13 0 0
257 257 254 107 0 81 147 3 0 0 0 0
258 258 255 111 0 88 143 4 0 1 0 0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
261 220 167 77 43 14 89 53 0 45 41 0
100 81 55 38 7 16 17 27 0 23 19 0
72 72 66 48 0 23 17 6 0 6 0 0
71 70 65 36 0 22 29 5 0 4 0 0
78 78 76 32 0 22 44 2 0 1 0 0
91 91 90 35 0 24 55 1 0 1 0 0
85 85 84 33 0 22 51 1 0 0 0 0
90 90 90 34 0 23 55 1 0 0 0 0
185 78
-334 -31
-489 -459
195 -118
840 450
87 -11
633 567
218 232
0 0 0
122 10 0
127 3 0
192 8 0
0 0 0
0 0 0
0 5 0
0 31 0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
343 100
356 104
361 105
345 104
377 101
405 96
445 90
480 83
11 1
12 1
13 1
13 1
9 1
8 0
8 0
6 0
177
KOSOVO (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
.. .. .. .. .. .. ..
.. .. .. .. .. .. ..
.. .. .. .. .. .. ..
.. .. .. .. .. .. ..
.. .. .. .. .. .. ..
.. .. .. .. .. .. ..
358.5 358.5 358.5 0.0 0.0 0.0 0.0
342.2 342.2 342.2 0.0 0.0 0.0 0.0
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
.. .. .. ..
.. .. .. ..
.. .. .. ..
.. .. .. ..
.. .. .. ..
.. .. .. ..
0.0 358.5 0.0 0.0
0.0 342.2 0.0 0.0
External debt flows Disbursements Long-term external debt IMF purchases
.. .. ..
.. .. ..
.. .. ..
.. .. ..
.. .. ..
.. .. ..
0.0 0.0 0.0
0.0 0.0 0.0
Principal repayments Long-term external debt IMF repurchases
.. .. ..
.. .. ..
.. .. ..
.. .. ..
.. .. ..
.. .. ..
207.7 207.7 0.0
16.3 16.3 0.0
Net flows Long-term external debt Short-term external debt
.. .. ..
.. .. ..
.. .. ..
.. .. ..
.. .. ..
.. .. ..
-207.7 -207.7 0.0
-16.3 -16.3 0.0
Interest payments Long-term external debt IMF charges Short-term external debt
.. .. .. ..
.. .. .. ..
.. .. .. ..
.. .. .. ..
.. .. .. ..
.. .. .. ..
22.5 22.5 0.0 0.0
4.8 4.8 0.0 0.0
.. ..
.. ..
133.8 0.0
369.8 0.0
603.2 0.0
536.8 0.0
408.1 0.0
413.4 0.0
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. .. .. .. ..
.. .. .. .. ..
.. .. .. .. ..
.. .. .. .. ..
.. .. .. .. ..
.. .. .. .. ..
0.0 0.0 0.0 0.0 100.0
0.0 0.0 0.0 0.0 100.0
.. .. ..
.. .. ..
.. .. ..
.. .. ..
.. .. ..
.. .. ..
0.0 0.0 0.0
0.0 0.0 0.0
.. .. ..
.. .. ..
.. .. ..
.. .. ..
.. .. ..
.. .. ..
0.0 0.0 0.0
0.0 0.0 0.0
.. .. .. .. .. .. ..
.. .. .. .. .. .. ..
.. 625.8 705.2 1804.5 28.1 -307.7 ..
4137.7 789.4 773.8 2025.4 31.2 -283.6 ..
4977.5 1023.6 922.1 2560.9 59.0 -484.6 951.7
5873.0 1175.3 1045.6 3259.9 88.4 -920.9 892.1
5566.8 1100.8 972.9 3164.3 102.0 -843.6 830.2
5745.0 1343.1 931.6 3381.7 38.2 -859.8 846.4
.. .. .. .. .. .. ..
.. .. .. .. .. .. ..
.. .. .. .. .. .. ..
.. .. .. .. .. .. ..
.. .. .. .. .. .. 4.5
.. .. .. .. .. .. 3.3
32.6 6.4 20.9 .. 100.0 231.6 3.1
25.5 6.0 1.6 .. 100.0 247.3 3.0
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
178
KOSOVO (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
.. .. .. .. .. .. .. .. .. .. .. ..
.. .. .. .. .. .. .. .. .. .. .. ..
.. .. .. .. .. .. .. .. .. .. .. ..
.. .. .. .. .. .. .. .. .. .. .. ..
.. .. .. .. .. .. .. .. .. .. .. ..
.. .. .. .. .. .. .. .. .. .. .. ..
358.5 358.5 358.5 358.5 358.5 0.0 0.0 0.0 0.0 0.0 0.0 0.0
342.2 342.2 342.2 342.2 342.2 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
.. .. .. .. .. .. .. .. .. .. .. ..
.. .. .. .. .. .. .. .. .. .. .. ..
.. .. .. .. .. .. .. .. .. .. .. ..
.. .. .. .. .. .. .. .. .. .. .. ..
.. .. .. .. .. .. .. .. .. .. .. ..
.. .. .. .. .. .. .. .. .. .. .. ..
0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
.. .. .. .. .. .. .. .. .. .. .. ..
.. .. .. .. .. .. .. .. .. .. .. ..
.. .. .. .. .. .. .. .. .. .. .. ..
.. .. .. .. .. .. .. .. .. .. .. ..
.. .. .. .. .. .. .. .. .. .. .. ..
.. .. .. .. .. .. .. .. .. .. .. ..
207.7 207.7 207.7 207.7 207.7 0.0 0.0 0.0 0.0 0.0 0.0 0.0
16.3 16.3 16.3 16.3 16.3 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
.. .. .. .. .. .. .. .. .. .. .. ..
.. .. .. .. .. .. .. .. .. .. .. ..
.. .. .. .. .. .. .. .. .. .. .. ..
.. .. .. .. .. .. .. .. .. .. .. ..
.. .. .. .. .. .. .. .. .. .. .. ..
.. .. .. .. .. .. .. .. .. .. .. ..
22.5 22.5 22.5 22.5 22.5 0.0 0.0 0.0 0.0 0.0 0.0 0.0
4.8 4.8 4.8 4.8 4.8 0.0 0.0 0.0 0.0 0.0 0.0 0.0
.. ..
.. ..
.. ..
.. ..
.. ..
.. ..
0.0 -207.7
-16.3 -16.3
.. .. ..
.. .. ..
.. .. ..
.. .. ..
.. .. ..
.. .. ..
0.0 0.0 0.0
0.0 0.0 0.0
7. Long-term external debt
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
16.3 4.6
16.3 4.3
16.3 4.1
16.3 3.9
16.3 3.7
16.3 3.5
16.3 3.2
0.0 0.0
0.0 0.0
0.0 0.0
0.0 0.0
0.0 0.0
0.0 0.0
0.0 0.0
0.0 0.0
0.0 0.0
Notes: Kosovo became independent in 2008 and, data are reported starting from 2009.
179
KYRGYZ REPUBLIC (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
609 472 472 0 124 13 11
1,827 1,510 1,220 290 188 129 10
2,136 1,825 1,665 161 178 132 3
2,471 2,101 1,831 270 163 206 5
2,747 2,278 1,898 380 150 319 7
3,498 2,942 1,963 980 165 391 6
3,986 3,395 2,320 1,076 167 424 2
3,984 3,612 2,442 1,171 177 195 12
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
11 472 0 164
28 1,220 290 201
6 1,665 161 86
6 1,831 270 16
9 1,898 380 46
11 1,963 980 96
2 2,320 1,076 609
7 2,442 1,171 156
External debt flows Disbursements Long-term external debt IMF purchases
201 155 46
180 161 19
151 133 18
243 239 4
281 277 4
921 879 42
660 635 26
702 668 34
Principal repayments Long-term external debt IMF repurchases
36 36 0
97 86 11
104 74 31
65 38 27
151 126 25
285 261 23
226 200 26
483 462 22
Net flows Long-term external debt Short-term external debt
165 119 0
152 75 69
-149 59 -195
250 202 72
241 151 111
709 617 73
472 435 37
-20 206 -238
Interest payments Long-term external debt IMF charges Short-term external debt
24 20 4 0
76 69 2 5
35 21 1 13
31 19 1 11
38 23 1 15
51 42 1 8
43 37 1 5
73 69 0 4
96 0
-2 0
43 0
182 0
208 1
377 6
189 1
438 -18
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 14.3 0.0 1.3 51.4
.. 15.0 0.0 0.0 67.9
2.8 13.5 0.0 0.0 69.5
3.5 12.5 0.0 0.0 67.0
4.3 12.7 0.0 0.0 68.0
4.0 15.5 0.0 0.0 65.3
3.5 13.0 0.0 0.0 69.2
3.1 14.0 0.0 0.0 68.9
3.7 28.4 8.1
1.0 35.8 9.5
1.0 36.2 9.3
1.4 31.6 8.1
0.5 26.7 7.3
1.6 21.7 5.9
1.3 31.5 6.5
1.2 36.1 9.4
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
1,626 452 1 765 0 -235 134
1,288 590 9 753 37 -76 262
2,372 963 322 1,501 36 -37 612
2,786 1,326 481 2,342 40 -286 817
3,750 2,065 715 3,313 40 -227 1,177
4,938 2,812 1,232 4,990 173 -701 1,225
4,500 2,582 992 3,892 126 -102 1,584
4,466 2,543 1,275 4,319 327 -385 1,720
134.9 37.5 13.3 2.1 30.3 21.9 2.1
309.8 141.9 29.4 7.1 39.5 14.3 4.2
221.8 90.0 14.4 6.2 51.5 28.7 4.9
186.3 88.7 7.2 8.4 48.2 33.1 4.2
133.0 73.3 9.2 11.6 46.6 42.8 4.3
124.4 70.8 11.9 11.2 36.9 35.0 2.9
154.4 88.6 10.4 10.6 32.9 39.7 4.9
156.7 89.2 21.9 4.9 32.5 43.2 4.8
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
180
KYRGYZ REPUBLIC (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
472 472 472 184 0 141 288 0 0 0 0 0
1,510 1,220 1,184 722 0 377 461 37 0 28 290 0
1,825 1,665 1,665 1,099 0 565 566 0 0 0 161 0
2,101 1,831 1,831 1,190 0 612 641 0 0 0 270 0
2,278 1,898 1,898 1,280 0 651 618 0 0 0 380 0
2,942 1,963 1,963 1,290 0 655 672 0 0 0 980 0
3,395 2,320 2,320 1,310 0 656 1,010 0 0 0 1,076 0
3,612 2,442 2,442 1,296 0 649 1,146 0 0 0 1,171 0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
155 155 155 124 0 81 31 0 0 0 0 0
161 153 149 107 0 52 42 4 0 0 8 0
133 76 76 70 0 34 6 0 0 0 57 0
239 87 87 73 0 26 15 0 0 0 152 0
277 66 66 58 0 22 8 0 0 0 211 0
879 51 51 50 0 20 1 0 0 0 828 0
635 378 378 40 0 8 338 0 0 0 257 0
668 147 147 43 0 19 104 0 0 0 521 0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
36 36 36 30 0 0 6 0 0 0 0 0
86 17 13 8 0 0 5 4 0 2 69 0
74 16 16 16 0 4 0 0 0 0 57 0
38 20 20 20 0 6 0 0 0 0 18 0
126 25 25 22 0 9 3 0 0 0 102 0
261 35 35 29 0 11 6 0 0 0 226 0
200 38 38 33 0 12 6 0 0 0 161 0
462 38 38 35 0 14 3 0 0 0 424 0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
20 20 20 3 0 1 17 0 0 0 0 0
69 23 20 11 0 3 10 2 0 2 47 0
21 12 12 12 0 5 0 0 0 0 9 0
19 15 15 12 0 5 2 0 0 0 5 0
23 16 16 12 0 5 4 0 0 0 6 0
42 17 17 13 0 5 4 0 0 0 24 0
37 19 19 12 0 5 7 0 0 0 18 0
69 23 23 12 0 5 11 0 0 0 46 0
163 165
92 152
-296 -149
335 250
276 241
751 709
488 472
-2 -20
0 0 0
32 0 0
520 17 0
7 0 0
7 8 0
15 0 0
16 0 0
0 0 0
7. Long-term external debt
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
58 36
59 37
64 36
73 36
89 35
100 34
106 33
114 33
313 50
233 37
199 25
117 18
93 13
69 9
56 5
45 3
Notes: Data on long-term private nonguaranteed debt from 2008 are World Bank staff estimates based on reports provided by the country.
181
LAO PEOPLE'S DEMOCRATIC REPUBLIC (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
2,155 2,091 2,091 0 64 0 0
2,501 2,459 2,459 0 42 0 0
2,844 2,815 1,989 825 29 0 0
3,377 3,350 2,259 1,090 27 0 0
4,388 4,362 2,515 1,847 26 0 0
5,008 4,987 2,720 2,267 21 0 0
5,458 5,442 2,818 2,625 16 0 0
5,559 5,549 2,939 2,610 10 0 0
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
0 2,091 0 110
1 2,459 0 68
0 1,989 825 76
0 2,259 1,090 16
0 2,515 1,847 210
0 2,720 2,267 13
0 2,818 2,625 123
0 2,939 2,610 0
External debt flows Disbursements Long-term external debt IMF purchases
110 92 18
77 77 0
472 472 0
491 491 0
1,058 1,058 0
756 756 0
599 599 0
233 233 0
Principal repayments Long-term external debt IMF repurchases
19 17 2
31 23 8
85 79 6
134 130 3
135 132 3
147 143 4
151 146 6
226 221 6
Net flows Long-term external debt Short-term external debt
91 75 0
47 55 0
386 392 0
357 361 0
923 926 0
608 613 0
447 453 0
6 12 0
Interest payments Long-term external debt IMF charges Short-term external debt
6 6 0 0
9 9 0 0
47 47 0 0
48 48 0 0
55 54 0 0
60 60 0 0
69 69 0 0
79 79 0 0
95 0
34 0
28 0
187 0
324 0
228 0
319 0
350 0
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 1.1 0.0 0.0 13.1
.. 0.4 0.0 0.0 18.4
0.0 0.1 0.0 0.0 66.0
0.0 0.0 0.0 0.0 69.4
0.0 0.0 0.0 0.0 69.9
0.0 0.0 0.0 0.0 70.5
0.0 0.0 0.0 0.0 71.5
0.0 0.0 0.0 0.0 71.8
2.5 37.1 9.7
1.4 31.6 8.1
3.6 27.9 6.2
1.4 24.9 8.7
1.3 26.1 9.6
1.1 29.1 8.0
1.5 20.4 6.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
1,758 415 22 761 6 -237 99
1,664 513 1 638 0 -8 144
2,610 762 1 1,003 25 -174 309
3,249 1,122 4 1,173 23 75 462
4,050 1,244 6 1,202 48 139 708
5,202 1,526 18 1,566 26 115 877
5,916 1,486 38 1,669 43 9 919
7,040 .. 41 .. .. .. 1,105
519.1 122.6 6.1 .. 28.8 4.6 1.6
487.3 150.3 7.8 0.0 41.6 5.7 2.7
373.0 109.0 17.4 .. 53.6 10.9 3.7
301.1 104.0 16.2 .. 49.6 13.7 4.7
352.6 108.4 15.2 .. 42.1 16.1 7.1
328.3 96.3 13.6 .. 39.3 17.5 6.7
367.3 92.3 14.8 .. 36.1 16.8 6.6
.. 79.0 .. .. 35.7 19.9 ..
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
182
LAO PEOPLE'S DEMOCRATIC REPUBLIC (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
2,091 2,091 2,091 620 0 285 1,471 0 0 0 0 0
2,459 2,459 2,459 1,041 0 403 1,418 0 0 0 0 0
2,815 1,989 1,989 1,525 0 598 464 0 0 0 825 0
3,350 2,259 2,259 1,676 0 643 584 0 0 0 1,090 0
4,362 2,515 2,515 1,847 0 686 668 0 0 0 1,847 0
4,987 2,720 2,720 1,966 0 685 755 0 0 0 2,267 0
5,442 2,818 2,818 1,971 0 680 847 0 0 0 2,625 0
5,549 2,939 2,939 1,983 0 655 955 0 0 0 2,610 0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
92 92 92 92 0 28 0 0 0 0 0 0
77 77 77 73 0 20 4 0 0 0 0 0
472 150 150 113 0 35 37 0 0 0 321 0
491 125 125 111 0 26 14 0 0 0 366 0
1,058 201 201 114 0 27 87 0 0 0 857 0
756 174 174 84 0 17 90 0 0 0 581 0
599 152 152 50 0 4 102 0 0 0 447 0
233 89 89 25 0 3 64 0 0 0 144 0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
17 17 17 4 0 1 14 0 0 0 0 0
23 23 23 9 0 4 14 0 0 0 0 0
79 39 39 22 0 9 17 0 0 0 40 0
130 29 29 25 0 9 5 0 0 0 101 0
132 33 33 30 0 11 3 0 0 0 100 0
143 43 43 40 0 13 3 0 0 0 100 0
146 57 57 47 0 14 10 0 0 0 89 0
221 62 62 56 0 15 6 0 0 0 159 0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
6 6 6 5 0 2 1 0 0 0 0 0
9 9 9 9 0 3 0 0 0 0 0 0
47 14 14 14 0 5 0 0 0 0 32 0
48 20 20 15 0 5 5 0 0 0 28 0
54 18 18 16 0 5 2 0 0 0 37 0
60 23 23 18 0 5 5 0 0 0 37 0
69 25 25 18 0 5 7 0 0 0 43 0
79 29 29 18 0 5 10 0 0 0 50 0
86 91
-31 47
228 386
533 357
1,011 923
620 608
450 447
101 6
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
98 32
105 32
110 31
115 30
116 29
121 28
136 29
140 28
705 114
496 85
444 58
261 42
209 30
157 20
131 13
104 6
Notes: Data on long-term public and publicly guaranteed debt are World Bank staff estimates based on reports provided by the country. Long-term private nonguaranteed debt data are World Bank staff estimates.
183
LATVIA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
463 271 271 0 160 31 0
4,855 1,979 827 1,151 35 2,842 0
14,240 6,747 1,053 5,694 0 7,493 0
22,496 12,021 1,257 10,764 0 10,476 0
39,040 22,335 1,477 20,858 0 16,705 0
41,847 26,879 1,945 24,934 825 14,144 0
41,822 30,408 6,602 23,806 1,119 10,295 0
39,555 25,319 6,891 18,428 1,513 12,723 0
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
0 252 19 116
0 818 1,160 98
0 1,034 5,713 211
0 1,239 10,782 3
0 1,460 20,875 11
0 1,930 24,949 1,325
0 6,590 23,818 4,739
0 6,837 18,482 2,665
External debt flows Disbursements Long-term external debt IMF purchases
75 75 0
410 410 0
5,160 5,160 0
6,862 6,862 0
9,281 9,281 0
10,604 9,758 846
10,372 10,097 275
7,103 6,694 410
Principal repayments Long-term external debt IMF repurchases
10 7 3
330 319 10
2,699 2,699 0
2,542 2,542 0
3,036 3,036 0
4,365 4,365 0
6,628 6,628 0
9,671 9,671 0
Net flows Long-term external debt Short-term external debt
90 68 25
848 91 767
2,246 2,461 -215
7,303 4,320 2,983
12,474 6,245 6,229
3,678 5,393 -2,561
-105 3,469 -3,849
-139 -2,977 2,428
Interest payments Long-term external debt IMF charges Short-term external debt
24 14 9 1
270 107 2 161
535 155 0 380
723 274 0 449
1,547 756 0 791
1,755 1,152 0 603
946 772 17 156
876 686 33 156
180 0
413 -7
714 12
1,664 22
2,316 -12
1,357 -50
94 -8
369 9
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 26.2 0.0 0.0 45.0
.. 4.7 0.0 0.6 20.0
87.6 0.0 0.0 0.2 11.7
90.6 0.0 0.0 0.2 8.9
92.9 0.0 0.0 0.1 6.8
95.6 0.0 0.0 0.1 4.2
99.0 0.0 0.0 0.0 1.0
99.3 0.0 0.0 0.0 0.7
5.3 14.1 4.1
5.8 14.9 5.8
2.3 19.4 7.2
3.9 25.1 5.1
0.0 0.0 0.0
4.5 16.0 16.0
3.1 6.7 5.5
3.8 11.9 5.0
5.1 4.0 2.5
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
4.0 8.7 0.2
5.5 10.0 10.0
4.6 3.2 1.9
0.0 0.0 0.0
5,259 .. .. 2,246 0 -16 602
7,814 .. 72 4,010 92 -371 919
15,839 8,295 381 10,884 617 -1,992 2,360
19,347 9,861 482 14,862 983 -4,522 4,511
27,842 13,419 552 20,223 1,240 -6,425 5,761
33,338 15,958 601 21,219 611 -4,492 5,244
27,851 12,555 591 11,155 -1,462 2,284 6,902
24,073 13,808 614 14,055 129 731 7,606
.. 8.8 .. 6.7 30.1 130.1 3.2
.. 62.1 .. 58.5 11.2 18.9 2.8
171.7 89.9 39.0 52.6 2.2 16.6 2.6
228.1 116.3 33.1 46.6 1.9 20.1 3.6
290.9 140.2 34.2 42.8 1.4 14.8 3.4
262.2 125.5 38.4 33.8 1.8 12.5 3.0
333.1 150.2 60.3 24.6 10.7 16.5 7.4
286.5 164.3 76.4 32.2 13.3 19.2 6.5
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
184
LATVIA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
271 271 200 139 55 0 61 71 39 0 0 0
1,979 827 591 543 242 0 49 236 209 2 1,151 0
6,747 1,053 338 311 111 0 27 715 708 0 5,694 124
12,021 1,257 462 433 100 0 29 795 790 0 10,764 380
22,335 1,477 582 550 85 0 32 895 883 9 20,858 442
26,879 1,945 764 734 61 0 30 1,181 1,113 65 24,934 278
30,408 6,602 4,503 4,473 327 0 30 2,099 1,152 946 23,806 278
25,319 6,891 5,256 5,246 421 0 11 1,635 1,069 566 18,428 267
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
75 75 26 23 9 0 3 49 43 0 0 0
410 94 91 91 63 0 1 3 0 0 316 0
5,160 21 21 21 2 0 0 0 0 0 5,139 125
6,862 125 125 125 0 0 0 0 0 0 6,737 246
9,281 118 110 110 0 0 0 8 0 8 9,162 0
9,758 915 264 264 0 0 0 650 587 63 8,843 0
10,097 4,504 3,653 3,653 295 0 0 851 0 851 5,593 0
6,694 1,237 1,130 1,130 135 0 0 106 0 106 5,457 0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
7 7 4 4 0 0 0 3 0 0 0 0
319 81 73 53 9 0 19 8 0 1 239 30
2,699 96 93 79 64 0 15 3 0 0 2,603 0
2,542 35 32 32 19 0 0 3 0 0 2,507 6
3,036 41 39 39 22 0 0 1 0 0 2,995 0
4,365 343 45 45 24 0 0 298 294 2 4,022 139
6,628 47 44 44 22 0 0 2 0 1 6,582 139
9,671 478 62 44 17 0 18 417 0 416 9,192 0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
14 14 13 9 3 0 4 1 0 0 0 0
107 50 34 31 12 0 3 16 15 0 57 2
155 50 15 14 7 0 1 35 35 0 104 6
274 51 16 15 5 0 1 35 35 0 223 16
756 60 22 20 5 0 1 38 38 0 696 21
1,152 73 29 28 4 0 2 44 41 3 1,079 20
772 111 33 32 5 0 1 79 54 24 661 20
686 178 111 110 8 0 1 67 52 15 508 15
89 90
794 848
1,838 2,246
8,256 7,303
16,544 12,474
2,807 3,678
-25 -105
-2,267 -139
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
52 180
33 215
68 243
1,425 240
1,942 203
507 170
496 155
492 139
5,477 1,229
3,469 488
3,106 395
2,371 312
1,473 204
1,129 164
927 134
1,280 115
Notes: Short-term figures have been revised from 2006 as per the country reports.
185
LEBANON (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
2,974 1,609 1,559 50 0 1,365 10
10,244 7,704 6,968 736 0 2,541 0
23,327 19,877 18,866 1,011 0 3,450 0
25,112 20,912 20,107 805 0 4,200 0
25,636 21,437 20,907 530 80 4,118 0
24,321 21,066 20,596 470 117 3,138 0
24,500 21,285 20,615 670 119 3,096 0
24,293 20,713 20,213 500 98 3,482 0
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
43 1,559 50 1,553
0 6,942 762 2,188
0 18,866 1,011 2,991
0 20,107 805 3,808
0 20,907 530 3,329
0 20,596 470 2,598
0 20,615 670 2,964
0 20,213 500 1,925
External debt flows Disbursements Long-term external debt IMF purchases
907 907 0
2,445 2,445 0
3,179 3,179 0
3,817 3,817 0
3,452 3,374 78
2,749 2,709 40
3,332 3,332 0
2,143 2,143 0
Principal repayments Long-term external debt IMF repurchases
104 104 0
884 884 0
2,172 2,172 0
3,004 3,004 0
3,078 3,078 0
2,905 2,905 0
3,096 3,096 0
2,651 2,632 19
Net flows Long-term external debt Short-term external debt
829 803 26
1,900 1,561 339
486 1,007 -521
1,563 813 750
291 296 -82
-1,136 -196 -980
195 237 -42
-122 -489 386
Interest payments Long-term external debt IMF charges Short-term external debt
121 55 0 67
607 475 0 132
1,462 1,287 0 175
1,516 1,316 0 200
1,646 1,430 2 213
1,603 1,442 3 157
1,616 1,475 2 139
1,605 1,454 1 150
.. ..
.. ..
2,624 1,436
2,675 551
3,376 791
4,333 466
4,804 929
4,955 -50
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 0.0 0.1 0.0 68.8
.. 0.1 0.0 0.0 67.9
9.0 0.1 0.0 0.0 85.7
9.9 0.1 0.0 0.0 85.3
9.8 0.2 0.0 0.0 85.8
9.7 0.3 0.0 0.0 86.3
9.1 0.3 0.0 0.0 86.9
8.3 0.4 0.0 0.0 87.9
5.4 18.7 4.4
7.5 14.7 5.2
4.6 19.0 4.1
3.8 27.0 9.7
4.5 18.7 7.1
4.0 16.4 4.2
2.4 29.0 7.0
0.0 0.0 0.0
8.8 7.9 4.6
9.1 4.9 4.7
7.4 5.7 5.4
7.6 10.3 10.2
6.1 7.5 4.9
8.9 5.8 5.8
7.9 6.8 6.8
6.0 9.7 9.7
12,211 .. .. .. .. .. 8,100
17,581 .. .. .. .. .. 8,475
21,652 15,242 4,924 19,053 95 -2,748 16,618
22,621 17,250 5,202 20,335 96 -1,116 19,239
25,797 19,914 5,769 24,287 64 -1,605 20,599
30,517 25,548 7,181 32,011 121 -4,103 28,265
34,194 23,645 7,558 32,214 95 -6,741 39,132
40,032 22,229 5,114 32,188 208 -9,415 44,476
.. 24.4 .. 45.9 6.9 272.3 ..
.. 58.3 .. 24.8 8.7 82.7 ..
153.0 107.7 23.8 14.8 5.1 71.2 10.5
145.6 111.0 26.2 16.7 5.2 76.6 11.4
128.7 99.4 23.7 16.1 5.6 80.4 10.2
95.2 79.7 17.6 12.9 5.5 116.2 10.6
103.6 71.7 19.9 12.6 5.5 159.7 14.6
109.3 60.7 19.1 14.3 5.4 183.1 16.6
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
186
LEBANON (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
1,609 1,559 436 206 113 0 230 1,123 700 359 50 50
7,704 6,968 1,290 890 248 0 400 5,677 5,260 403 736 736
19,877 18,866 2,172 1,193 360 0 979 16,694 16,142 545 1,011 1,011
20,912 20,107 2,312 1,304 314 0 1,008 17,796 17,253 534 805 805
21,437 20,907 2,437 1,438 437 0 999 18,470 17,707 755 530 530
21,066 20,596 2,432 1,349 368 0 1,082 18,165 17,490 667 470 470
21,285 20,615 2,356 1,339 318 0 1,017 18,259 17,704 549 670 670
20,713 20,213 2,226 1,320 321 0 906 17,987 17,422 559 500 500
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
907 857 213 80 51 0 133 644 300 340 50 50
2,445 2,330 238 200 42 0 38 2,092 2,031 61 115 115
3,179 2,649 106 78 32 0 28 2,543 2,500 43 530 530
3,817 3,817 238 213 37 0 25 3,579 3,547 29 0 0
3,374 3,374 287 242 162 0 45 3,087 2,738 349 0 0
2,709 2,709 421 161 40 0 260 2,288 2,257 30 0 0
3,332 3,132 223 173 23 0 51 2,909 2,894 15 200 200
2,143 2,143 199 134 24 0 65 1,943 1,925 17 0 0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
104 104 93 10 4 0 83 11 0 9 0 0
884 834 74 44 17 0 30 760 400 358 50 50
2,172 1,907 143 100 38 0 43 1,764 1,695 68 265 265
3,004 2,798 232 158 90 0 74 2,566 2,507 58 206 206
3,078 2,803 362 218 48 0 144 2,441 2,369 71 275 275
2,905 2,845 375 232 116 0 143 2,470 2,430 39 60 60
3,096 3,096 334 187 73 0 147 2,762 2,706 55 0 0
2,632 2,462 298 161 20 0 137 2,164 2,151 12 170 170
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
55 55 19 11 7 0 8 35 20 12 0 0
475 418 57 44 14 0 14 361 300 59 57 57
1,287 1,197 92 49 15 0 42 1,106 1,087 18 90 90
1,316 1,242 87 49 18 0 38 1,155 1,144 10 74 74
1,430 1,373 101 60 19 0 42 1,271 1,252 19 57 57
1,442 1,402 105 57 20 0 48 1,297 1,279 17 40 40
1,475 1,431 88 44 11 0 43 1,344 1,328 15 43 43
1,454 1,403 100 63 4 0 37 1,303 1,289 13 51 51
839 829
1,760 1,900
200 486
1,785 1,563
523 291
-1,314 -1,136
179 195
-207 -122
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
535 95
484 90
314 81
312 74
257 65
237 57
226 48
190 39
2,257 1,283
2,951 1,134
1,955 914
1,988 763
1,179 673
1,579 550
1,929 409
580 326
Notes: Data on long-term private nonguaranteed debt only cover Bonds.
187
LESOTHO (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
684.4 642.0 642.0 0.0 38.4 4.0 0.0
671.8 656.7 656.7 0.0 11.1 4.0 0.0
662.0 618.9 618.9 0.0 35.0 8.0 0.0
649.8 613.5 613.5 0.0 36.3 0.0 0.0
677.6 642.2 642.2 0.0 35.4 0.0 0.0
688.8 659.2 659.2 0.0 29.7 0.0 0.0
704.8 680.6 680.6 0.0 24.1 0.0 0.0
725.9 697.7 697.7 0.0 28.2 0.0 0.0
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
0.0 641.3 0.7 67.4
0.0 656.4 0.3 33.9
0.0 618.9 0.0 15.0
0.0 613.5 0.0 21.5
0.0 642.2 0.0 61.2
0.0 659.2 0.0 41.5
0.0 680.6 0.0 36.2
0.0 697.7 0.0 238.5
External debt flows Disbursements Long-term external debt IMF purchases
70.4 70.4 0.0
69.4 69.4 0.0
21.1 21.1 0.0
28.6 28.6 0.0
38.3 38.3 0.0
45.8 45.8 0.0
37.4 37.4 0.0
52.7 40.8 11.9
Principal repayments Long-term external debt IMF repurchases
24.7 22.0 2.7
38.3 33.2 5.2
65.3 65.3 0.0
36.1 35.6 0.5
33.8 31.1 2.7
29.5 24.5 5.0
30.6 24.6 5.9
27.1 19.6 7.5
Net flows Long-term external debt Short-term external debt
45.7 48.4 0.0
31.0 36.2 0.0
-43.2 -44.2 1.0
-15.5 -7.0 -8.0
4.5 7.2 0.0
16.3 21.3 0.0
6.8 12.7 0.0
25.6 21.2 0.0
Interest payments Long-term external debt IMF charges Short-term external debt
16.1 15.7 0.2 0.2
23.2 22.9 0.0 0.2
14.2 13.7 0.2 0.3
9.6 9.2 0.2 0.2
64.5 64.3 0.2 0.0
8.0 7.8 0.2 0.0
7.6 7.4 0.1 0.0
7.5 7.5 0.0 0.0
275.3 ..
32.4 ..
69.1 0.0
58.5 1.3
104.5 0.0
110.0 0.0
100.9 0.0
117.0 0.0
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 0.0 0.8 0.0 22.1
.. 0.0 1.8 1.9 26.9
9.8 0.0 0.9 0.2 39.3
9.8 0.0 0.7 0.0 41.8
9.2 0.0 0.5 0.0 43.2
7.5 0.0 0.4 0.0 43.8
6.8 0.0 0.4 0.0 43.6
5.5 0.0 0.3 0.0 45.3
5.9 27.5 5.7
0.3 19.3 5.4
1.7 31.0 8.5
0.8 38.1 10.3
3.2 31.0 7.8
1.7 23.9 6.3
1.0 40.9 9.3
5.0 27.0 6.6
6.5 17.9 4.1
4.6 2.0 0.5
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
1151.5 670.6 410.5 1203.8 71.4 -323.0 456.7
973.6 542.5 478.1 832.8 15.0 -151.4 417.9
1856.0 1397.6 603.5 1888.5 191.6 -16.9 519.1
1858.2 1477.1 586.0 1970.8 249.4 82.6 658.4
2008.5 1654.9 625.1 2251.8 301.2 98.5 ..
2131.0 1695.8 596.2 2244.8 333.9 143.7 ..
2267.8 1550.2 623.0 2276.4 296.4 -2.4 ..
2552.8 1778.1 745.9 2860.8 338.9 -421.4 ..
102.1 59.4 6.1 0.6 68.2 66.7 4.6
123.8 69.0 11.3 0.6 70.8 62.2 6.0
47.4 35.7 5.7 1.2 78.3 78.4 3.3
44.0 35.0 3.1 .. 84.4 101.3 4.0
40.9 33.7 5.9 .. 86.8 .. ..
40.6 32.3 2.2 .. 87.1 .. ..
45.5 31.1 2.5 0.0 86.1 .. ..
40.8 28.4 1.9 .. 85.8 .. ..
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
188
LESOTHO (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
642.0 642.0 607.1 466.9 54.0 152.8 140.1 34.9 0.0 22.8 0.0 0.0
656.7 656.7 580.9 475.7 58.6 183.2 105.3 75.8 0.0 74.5 0.0 0.0
618.9 618.9 590.6 518.4 12.7 258.2 72.2 28.4 0.0 27.6 0.0 0.0
613.5 613.5 591.9 548.2 9.1 274.6 43.7 21.6 0.0 20.8 0.0 0.0
642.2 642.2 624.6 587.8 4.2 293.2 36.8 17.5 0.0 16.8 0.0 0.0
659.2 659.2 646.6 599.9 3.3 302.7 46.7 12.5 0.0 11.9 0.0 0.0
680.6 680.6 667.1 606.8 2.5 310.7 60.3 13.6 0.0 13.0 0.0 0.0
697.7 697.7 684.1 622.7 1.8 328.4 61.4 13.6 0.0 13.2 0.0 0.0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
70.4 70.4 54.5 41.1 11.2 8.8 13.4 16.0 0.0 16.0 0.0 0.0
69.4 69.4 67.4 21.2 9.9 7.8 46.2 2.0 0.0 2.0 0.0 0.0
21.1 21.1 21.1 17.1 0.1 13.1 3.9 0.0 0.0 0.0 0.0 0.0
28.6 28.6 28.5 28.1 0.0 10.8 0.4 0.0 0.0 0.0 0.0 0.0
38.3 38.3 38.3 37.6 0.0 14.0 0.6 0.0 0.0 0.0 0.0 0.0
45.8 45.8 45.8 29.5 0.0 17.2 16.3 0.0 0.0 0.0 0.0 0.0
37.4 37.4 37.4 21.6 0.0 12.8 15.7 0.0 0.0 0.0 0.0 0.0
40.8 40.8 40.8 37.4 0.0 29.4 3.4 0.0 0.0 0.0 0.0 0.0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
22.0 22.0 17.8 14.1 0.0 1.3 3.7 4.2 0.0 2.0 0.0 0.0
33.2 33.2 26.4 14.1 3.9 2.5 12.2 6.8 0.0 6.8 0.0 0.0
65.3 65.3 32.0 19.7 3.6 5.0 12.3 33.3 0.0 33.2 0.0 0.0
35.6 35.6 27.5 19.4 3.6 5.3 8.2 8.1 0.0 8.0 0.0 0.0
31.1 31.1 25.8 22.0 3.6 6.0 3.8 5.3 0.0 5.2 0.0 0.0
24.5 24.5 21.3 17.8 1.0 6.3 3.5 3.2 0.0 3.1 0.0 0.0
24.6 24.6 23.9 21.0 0.7 6.9 2.9 0.7 0.0 0.6 0.0 0.0
19.6 19.6 19.3 16.5 0.7 7.2 2.8 0.3 0.0 0.2 0.0 0.0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
15.7 15.7 12.4 8.6 3.5 1.1 3.8 3.3 0.0 3.0 0.0 0.0
22.9 22.9 16.0 7.7 3.2 1.4 8.3 7.0 0.0 7.0 0.0 0.0
13.7 13.7 7.7 5.5 0.5 2.1 2.1 6.0 0.0 6.0 0.0 0.0
9.2 9.2 7.1 5.4 0.6 2.1 1.7 2.1 0.0 2.0 0.0 0.0
64.3 64.3 63.3 5.4 0.5 2.2 57.9 1.1 0.0 1.0 0.0 0.0
7.8 7.8 6.7 5.3 0.0 2.3 1.4 1.1 0.0 1.1 0.0 0.0
7.4 7.4 6.9 5.3 0.1 2.2 1.6 0.5 0.0 0.5 0.0 0.0
7.5 7.5 6.4 4.8 0.0 2.3 1.6 1.0 0.0 1.0 0.0 0.0
61.8 45.7
-10.2 31.0
-104.7 -43.2
-12.1 -15.5
27.8 4.5
11.2 16.3
16.0 6.8
21.1 25.6
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 18.3 0.0
0.0 5.9 0.0
0.0 1.4 0.0
0.0 0.0 0.0
0.0 0.0 0.0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
25.4 7.5
27.0 11.5
29.0 14.2
29.3 15.9
28.0 16.7
37.4 17.0
38.6 16.5
38.8 15.9
0.2 1.2
0.2 1.2
0.2 1.2
0.2 1.2
8.2 1.2
0.2 0.1
0.2 0.1
0.2 0.1
Notes: Large interest payment was made during 2007 to a creditor country to settle a long standing claim.
189
LIBERIA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
2458.0 1152.8 1152.8 0.0 335.6 969.6 925.6
2792.1 1104.0 1104.0 0.0 292.3 1395.8 1395.8
3897.6 1179.1 1179.1 0.0 319.6 2398.9 2398.9
4114.1 1203.8 1203.8 0.0 335.7 2574.6 2574.6
3721.5 1033.5 1033.5 0.0 351.9 2336.1 2336.1
3128.1 865.0 865.0 0.0 858.0 1405.1 1405.1
1655.6 673.1 673.1 0.0 891.2 91.3 91.3
228.0 183.6 183.6 0.0 44.4 0.0 0.0
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
958.5 1152.8 0.0 0.0
1112.5 1104.0 0.0 0.0
1284.1 1179.1 0.0 0.0
1339.8 1203.8 0.0 5.0
1267.9 1033.5 0.0 0.0
424.1 865.0 0.0 0.0
250.4 673.1 0.0 0.0
78.6 183.6 0.0 10.0
External debt flows Disbursements Long-term external debt IMF purchases
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
880.5 0.0 880.5
17.6 0.0 17.6
17.3 3.7 13.6
Principal repayments Long-term external debt IMF repurchases
0.1 0.0 0.1
0.6 0.0 0.6
0.1 0.0 0.1
0.7 0.0 0.7
261.4 260.7 0.7
389.5 37.5 352.0
36.3 36.3 0.0
3.7 3.7 0.0
Net flows Long-term external debt Short-term external debt
-0.1 0.0 0.0
-0.6 0.0 0.0
-0.1 0.0 0.0
-0.7 0.0 0.0
-261.4 -260.7 0.0
491.1 -37.5 0.0
-18.6 -36.3 0.0
13.5 0.0 0.0
Interest payments Long-term external debt IMF charges Short-term external debt
1.5 0.0 1.5 0.0
0.1 0.0 0.1 0.0
0.9 0.0 0.8 0.0
0.1 0.0 0.0 0.0
380.5 380.5 0.0 0.0
545.0 69.0 475.9 0.0
27.7 16.8 10.9 0.0
1.8 0.6 1.2 0.0
5.0 ..
20.8 ..
82.8 ..
107.9 ..
131.6 ..
394.5 ..
217.8 ..
452.9 ..
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 7.7 1.2 0.0 48.8
.. 7.2 1.2 0.0 56.8
11.6 6.6 1.2 0.0 53.7
12.7 6.4 1.2 0.0 52.8
16.5 7.8 0.9 0.0 64.8
2.4 8.2 0.8 0.0 82.7
2.6 0.0 1.0 0.0 88.9
0.0 0.0 0.0 0.0 95.2
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 25.1 15.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.8 39.5 10.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
.. .. .. .. .. .. 28.1
388.5 .. .. 300.3 .. -84.4 0.3
417.2 354.7 31.9 1317.7 7.1 -183.5 25.4
443.9 509.5 78.8 1882.4 14.0 -172.8 72.0
559.9 562.2 62.0 1924.2 14.7 -223.2 119.4
672.8 781.0 58.1 2310.7 22.5 -354.3 160.9
734.4 472.2 25.1 1850.0 5.8 -277.2 372.5
804.5 430.9 26.7 1806.8 0.1 -415.7 ..
.. .. .. 39.4 18.4 1.1 ..
.. 718.7 .. 50.0 14.2 0.0 0.0
1098.8 934.2 0.3 61.5 11.3 0.7 0.2
807.5 926.8 0.2 62.6 10.9 1.7 0.5
661.9 664.7 114.2 62.8 5.2 3.2 0.7
400.5 464.9 119.6 44.9 5.0 5.1 0.8
350.6 225.4 13.5 5.5 9.3 22.5 2.4
52.9 28.3 1.3 .. 27.7 .. ..
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
190
LIBERIA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
1152.8 1152.8 945.3 453.3 160.9 108.1 492.0 207.5 0.0 186.8 0.0 0.0
1104.0 1104.0 907.3 395.3 129.8 100.1 511.9 196.8 0.0 179.7 0.0 0.0
1179.1 1179.1 981.3 440.1 145.6 105.9 541.2 197.7 0.0 178.5 0.0 0.0
1203.8 1203.8 1005.2 447.9 146.6 108.9 557.2 198.7 0.0 178.2 0.0 0.0
1033.5 1033.5 831.0 192.2 0.0 76.6 638.7 202.5 0.0 180.8 0.0 0.0
865.0 865.0 669.8 157.9 0.0 72.0 511.9 195.2 0.0 195.2 0.0 0.0
673.1 673.1 652.6 154.5 0.0 69.0 498.1 20.5 0.0 20.5 0.0 0.0
183.6 183.6 183.6 63.1 0.0 0.0 120.5 0.0 0.0 0.0 0.0 0.0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
3.7 3.7 3.7 0.0 0.0 0.0 3.7 0.0 0.0 0.0 0.0 0.0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
260.7 260.7 260.7 260.7 162.5 35.3 0.0 0.0 0.0 0.0 0.0 0.0
37.5 37.5 37.5 37.5 0.0 4.3 0.0 0.0 0.0 0.0 0.0 0.0
36.3 36.3 4.3 4.3 0.0 3.3 0.0 32.0 0.0 32.0 0.0 0.0
3.7 3.7 3.7 3.7 0.0 1.7 0.0 0.0 0.0 0.0 0.0 0.0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
380.5 380.5 380.5 380.5 292.3 17.7 0.0 0.0 0.0 0.0 0.0 0.0
69.0 69.0 69.0 69.0 0.0 1.0 0.0 0.0 0.0 0.0 0.0 0.0
16.8 16.8 11.8 11.8 0.0 0.5 0.0 5.0 0.0 5.0 0.0 0.0
0.6 0.6 0.6 0.6 0.0 0.3 0.0 0.0 0.0 0.0 0.0 0.0
110.1 -0.1
246.7 -0.6
89.3 -0.1
216.5 -0.7
-392.5 -261.4
-593.4 491.1
-1472.5 -18.6
-1427.7 13.5
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
295.0 637.0 0.0
2.7 1449.2 32.0
92.1 1506.7 0.0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
6.7 1.4
7.9 1.3
7.9 1.2
7.9 1.1
7.1 0.9
6.2 0.8
5.8 0.8
4.5 0.7
0.0 0.0
0.0 0.0
0.0 0.0
0.0 0.0
0.0 0.0
0.0 0.0
0.0 0.0
0.0 0.0
Notes: Historical data for long-term public and publicly guaranteed debt are revised based on reports provided by the Ministry of Finance. Data include the effects of Paris Club rescheduling agreement signed in 2008 and 2010 and of MDRI, in the amount of $64,756 thousand in 2010.
191
LITHUANIA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
769 459 430 29 262 49 0
4,723 3,417 2,206 1,211 192 1,114 0
11,433 6,108 2,001 4,107 0 5,325 0
18,571 12,865 4,588 8,277 0 5,706 0
29,443 21,680 5,879 15,800 0 7,763 0
31,788 23,614 5,347 18,267 0 8,174 0
31,821 25,871 9,072 16,800 0 5,949 0
29,602 24,133 11,664 12,468 0 5,469 0
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
0 424 34 422
0 2,128 1,290 828
0 1,978 4,130 0
0 4,575 8,290 2,513
0 5,871 15,809 822
0 5,343 18,271 110
0 9,072 16,800 4,458
0 11,664 12,468 3,214
External debt flows Disbursements Long-term external debt IMF purchases
219 157 63
1,165 1,165 0
2,863 2,863 0
9,400 9,400 0
14,462 14,462 0
11,074 11,074 0
7,332 7,332 0
7,021 7,021 0
Principal repayments Long-term external debt IMF repurchases
12 12 0
826 799 27
2,277 2,252 25
3,737 3,737 0
7,715 7,715 0
8,342 8,342 0
5,689 5,689 0
8,014 8,014 0
Net flows Long-term external debt Short-term external debt
228 144 20
383 366 44
2,145 611 1,559
6,044 5,663 381
8,805 6,747 2,057
3,143 2,732 411
-582 1,642 -2,225
-1,473 -993 -480
Interest payments Long-term external debt IMF charges Short-term external debt
31 17 12 2
281 215 11 55
323 173 0 150
436 275 0 161
748 529 0 219
1,042 797 0 245
765 586 0 178
807 669 0 138
73 6
379 122
1,032 130
1,840 72
2,017 -166
2,070 3
126 -2
622 37
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 9.8 0.0 3.2 34.4
.. 2.9 0.1 0.0 32.9
81.0 0.0 0.0 0.0 17.8
96.4 0.0 0.0 0.0 3.2
98.3 0.0 0.0 0.0 1.5
98.4 0.0 0.0 0.0 1.4
82.7 0.0 0.0 0.0 17.2
63.1 0.0 0.0 0.0 36.9
6.3 14.6 4.4
7.1 13.3 7.8
0.0 0.0 0.0
1.6 5.0 1.0
0.0 0.0 0.0
0.0 0.0 0.0
4.1 23.7 6.9
3.3 24.9 7.0
8.1 5.4 1.2
7.8 5.0 4.8
0.0 0.0 0.0
4.8 8.1 8.1
4.9 10.3 10.3
5.5 13.0 1.0
7.7 5.7 4.7
6.8 9.3 9.3
7,892 3,242 1 3,966 8 -614 829
11,240 5,295 50 6,212 123 -675 1,363
25,339 15,327 534 17,820 711 -1,831 3,816
29,270 18,364 994 22,307 878 -3,218 5,773
37,491 21,980 1,433 28,836 1,423 -5,692 7,721
45,665 29,567 1,488 37,004 1,298 -6,356 6,444
37,544 20,948 1,172 20,948 -944 1,648 6,657
35,687 25,745 1,575 26,912 499 667 6,836
23.7 9.8 1.3 6.4 21.1 107.7 2.5
89.2 42.0 20.9 23.6 9.5 28.9 2.6
74.6 45.1 17.0 46.6 2.7 33.4 2.6
101.1 63.4 22.7 30.7 1.7 31.1 3.1
133.9 78.5 38.5 26.4 0.8 26.2 3.2
107.5 69.6 31.7 25.7 0.7 20.3 2.1
151.9 84.8 30.8 18.7 3.9 20.9 3.8
115.0 83.0 34.3 18.5 5.4 23.1 3.0
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
192
LITHUANIA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
459 430 317 163 62 0 154 113 0 1 29 0
3,417 2,206 670 447 253 0 223 1,537 1,130 188 1,211 37
6,108 2,001 472 308 86 0 164 1,529 1,416 63 4,107 0
12,865 4,588 319 312 81 0 7 4,269 4,214 51 8,277 0
21,680 5,879 244 239 24 0 5 5,635 5,594 40 15,800 1,030
23,614 5,347 212 210 27 0 2 5,135 5,114 20 18,267 1,030
25,871 9,072 1,251 1,251 23 0 0 7,820 7,816 4 16,800 1,030
24,133 11,664 1,612 1,612 20 0 0 10,053 10,052 0 12,468 793
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
157 157 92 38 12 0 54 64 0 1 0 0
1,165 479 146 139 66 0 7 333 300 31 686 37
2,863 45 45 42 14 0 3 0 0 0 2,818 0
9,400 2,540 28 28 10 0 0 2,511 2,511 0 6,860 0
14,462 843 20 20 0 0 0 822 822 0 13,620 1,030
11,074 116 6 6 6 0 0 110 110 0 10,958 0
7,332 3,589 1,028 1,028 0 0 0 2,561 2,561 0 3,742 0
7,021 3,214 464 464 0 0 0 2,750 2,750 0 3,806 0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
12 12 3 0 0 0 3 9 0 0 0 0
799 310 82 62 9 0 19 229 25 146 489 0
2,252 802 235 144 111 0 91 567 405 112 1,451 0
3,737 273 209 52 19 0 157 64 0 16 3,464 0
7,715 145 128 125 58 0 3 17 0 15 7,570 0
8,342 344 28 25 3 0 2 316 294 21 7,999 0
5,689 119 30 27 3 0 2 89 73 16 5,570 0
8,014 78 18 18 3 0 0 59 56 4 7,936 237
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
17 17 13 9 4 0 4 4 0 0 0 0
215 136 35 26 15 0 9 100 63 20 80 0
173 106 36 26 15 0 10 70 55 6 67 0
275 161 24 14 4 0 10 137 131 3 114 0
529 156 15 14 3 0 0 142 139 2 373 41
797 252 11 11 1 0 0 241 239 2 545 58
586 273 8 8 1 0 0 265 264 0 313 45
669 506 43 43 0 0 0 463 463 0 163 18
267 228
308 383
940 2,145
7,138 6,044
10,872 8,805
2,345 3,143
33 -582
-2,219 -1,473
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
7. Long-term external debt
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
25 44
26 47
18 49
21 50
38 50
124 49
144 46
142 43
3,138 1,124
3,586 989
3,366 787
2,336 649
2,484 472
2,041 376
1,733 288
1,279 218
Notes: Short-term debt data are based on reports provided by the country.
193
MACEDONIA, FYR (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
1,277 1,078 788 289 57 143 143
1,469 1,333 1,206 127 81 55 4
2,970 2,108 1,637 471 62 800 9
3,284 2,362 1,556 805 56 867 15
4,161 2,564 1,520 1,044 0 1,597 28
4,681 3,013 1,574 1,438 0 1,668 29
5,593 3,695 1,874 1,821 0 1,899 30
5,804 3,750 1,865 1,885 0 2,054 59
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
216 785 293 206
19 1,201 132 123
36 1,635 473 274
49 1,555 807 137
108 1,519 1,044 103
118 1,574 1,439 155
107 1,873 1,821 410
168 1,865 1,885 238
External debt flows Disbursements Long-term external debt IMF purchases
112 75 38
155 151 4
333 318 16
401 401 0
538 538 0
789 789 0
1,012 1,012 0
576 576 0
Principal repayments Long-term external debt IMF repurchases
20 19 1
93 74 19
182 171 11
439 430 10
542 485 57
293 293 0
375 375 0
455 455 0
Net flows Long-term external debt Short-term external debt
74 56 -18
59 78 -3
117 147 -34
23 -29 61
713 52 717
566 496 69
867 637 230
248 121 127
Interest payments Long-term external debt IMF charges Short-term external debt
11 9 2 1
45 37 3 5
92 54 1 37
125 82 2 40
163 88 1 74
181 104 0 77
177 93 0 84
214 122 0 92
9 0
215 0
97 54
424 86
699 170
587 -49
197 -14
296 -4
1. Summary external debt data External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 6.5 1.1 0.9 49.7
.. 0.4 0.2 2.4 71.8
40.8 0.2 0.1 0.6 56.6
52.3 0.5 0.1 0.5 44.8
63.0 1.4 0.0 0.1 34.3
64.0 3.0 0.0 0.0 31.8
69.6 3.6 0.0 0.0 25.8
69.6 5.4 0.0 0.0 24.1
3.8 23.0 6.7
5.5 19.5 6.4
3.1 16.7 5.1
3.7 16.8 5.4
5.0 17.0 5.0
3.2 17.4 4.6
1.9 15.3 4.7
1.4 14.6 4.6
2.3 29.7 10.9
9.2 3.4 0.5
4.6 10.0 9.9
5.8 16.1 3.9
0.0 0.0 0.0
1.8 4.3 0.1
9.9 3.5 3.5
0.0 4.3 0.9
4,410 .. .. .. .. .. 275
3,541 1,679 81 2,386 31 -98 460
5,756 2,654 227 3,865 142 -159 1,340
6,359 3,147 267 4,413 59 -29 1,889
7,775 4,423 345 6,412 470 -606 2,264
9,719 5,268 407 7,961 253 -1,236 2,110
9,194 3,726 381 5,926 138 -599 2,288
8,920 4,402 388 6,467 239 -262 2,277
.. 29.0 .. 11.2 22.6 21.5 ..
87.5 41.5 8.2 3.7 38.8 31.3 2.3
111.9 51.6 10.3 26.9 30.8 45.1 4.2
104.4 51.7 17.9 26.4 31.3 57.5 5.1
94.1 53.5 15.9 38.4 25.0 54.4 4.2
88.9 48.2 9.0 35.6 22.4 45.1 3.2
150.1 60.8 14.8 33.9 19.3 40.9 4.6
131.8 65.1 15.2 35.4 19.2 39.2 4.2
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
194
MACEDONIA, FYR (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
1,078 788 605 288 97 84 317 184 0 103 289 0
1,333 1,206 921 570 116 249 352 284 0 274 127 0
2,108 1,637 1,202 914 244 364 288 435 177 252 471 0
2,362 1,556 1,298 1,028 259 383 270 258 198 56 805 0
2,564 1,520 1,239 1,040 193 394 199 281 221 57 1,044 0
3,013 1,574 1,277 1,047 237 386 230 297 209 79 1,438 0
3,695 1,874 1,321 1,081 271 382 240 552 468 77 1,821 0
3,750 1,865 1,354 1,112 315 367 242 512 434 72 1,885 0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
75 75 74 74 20 42 0 0 0 0 0 0
151 98 96 79 13 38 17 1 0 0 54 0
318 293 104 94 54 8 11 189 187 2 25 0
401 112 83 71 11 5 12 29 0 28 289 0
538 142 138 108 54 0 31 3 0 3 396 0
789 174 137 86 52 0 52 37 0 30 615 0
1,012 347 103 76 43 0 27 244 244 0 665 0
576 182 175 149 72 0 26 7 0 7 394 0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
19 19 19 19 19 0 0 0 0 0 0 0
74 25 23 20 3 0 3 2 0 2 49 0
171 81 67 31 11 2 36 14 0 14 90 0
430 307 79 36 12 4 43 228 0 227 123 0
485 294 286 171 134 5 115 8 0 6 191 0
293 78 74 52 8 6 21 5 0 4 215 0
375 88 81 60 9 7 21 7 0 5 287 0
455 98 90 64 11 8 26 9 0 7 357 0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
9 9 9 9 8 0 0 0 0 0 0 0
37 30 20 19 7 2 1 10 0 10 7 0
54 41 32 20 7 3 12 9 0 8 13 0
82 52 37 23 10 3 13 15 9 6 30 0
88 51 38 29 11 3 9 12 10 2 38 0
104 54 41 33 10 3 8 14 10 3 50 0
93 47 33 26 8 3 6 15 10 5 46 0
122 56 21 15 3 3 7 35 32 3 66 0
174 74
44 59
153 117
315 23
876 713
520 566
912 867
211 248
256 0 0
44 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
119 22
113 20
117 18
122 16
120 14
110 12
102 10
89 8
403 121
357 90
565 45
142 43
293 35
106 25
104 18
121 12
Notes: Short-term debt is based on Central Bank data from 2004.
195
MADAGASCAR (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
4,302 3,687 3,687 0 73 542 486
4,691 4,286 4,286 0 104 301 203
3,494 3,182 3,182 0 212 99 72
1,492 1,242 1,242 0 29 221 186
1,707 1,411 1,411 0 43 254 189
2,076 1,721 1,717 4 99 255 188
2,203 1,841 1,836 4 101 262 189
2,295 1,984 1,981 3 97 214 188
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
1,194 3,555 133 80
665 4,164 122 187
218 3,136 46 295
223 1,238 4 284
195 1,407 3 192
196 1,714 7 544
196 1,835 6 83
195 1,979 4 0
External debt flows Disbursements Long-term external debt IMF purchases
90 90 0
200 150 50
265 249 17
291 280 12
273 261 12
404 345 59
126 126 0
211 211 0
Principal repayments Long-term external debt IMF repurchases
38 24 15
79 74 5
48 38 10
36 36 0
9 9 0
20 20 0
34 34 0
39 37 2
Net flows Long-term external debt Short-term external debt
59 66 7
45 76 -76
244 211 27
263 243 8
294 252 30
386 325 2
98 92 6
125 174 -47
Interest payments Long-term external debt IMF charges Short-term external debt
20 16 0 3
38 28 0 9
30 28 1 1
23 21 0 2
13 10 0 3
12 11 0 1
17 15 0 1
17 16 0 1
10 ..
83 ..
85 ..
295 ..
773 ..
1,169 ..
1,066 ..
860 ..
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 7.7 0.1 1.3 45.0
.. 7.4 0.1 0.9 56.8
2.3 0.0 0.0 0.1 71.9
5.8 0.0 0.0 0.4 55.7
3.0 0.0 0.0 0.4 57.2
2.3 0.0 0.0 0.3 53.8
2.4 0.0 0.0 0.3 52.5
2.5 0.0 0.0 0.3 53.1
1.1 36.8 9.6
0.8 40.1 10.2
0.8 37.8 9.8
0.8 43.5 10.1
1.1 33.5 9.0
1.2 29.4 6.5
1.0 36.1 6.7
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
1.0 30.8 11.3
0.0 0.0 0.0
0.0 0.0 0.0
4.3 4.3 0.3
0.0 0.0 0.0
0.0 0.0 0.0
3,002 756 14 1,161 3 -276 109
3,807 1,210 11 1,584 4 -260 285
4,960 1,356 11 2,146 38 -554 481
5,435 1,698 .. 2,484 .. -537 583
7,288 2,342 .. 3,606 .. -898 847
9,344 2,614 .. 4,805 .. -1,726 982
8,397 1,982 .. 4,134 .. -1,840 1,135
8,628 2,185 .. 3,351 .. -730 1,172
568.9 143.3 7.7 12.6 39.3 2.5 1.1
387.6 123.2 9.6 6.4 39.0 6.1 2.2
257.7 70.4 5.8 2.8 81.3 13.8 2.7
87.8 27.4 3.5 14.8 59.6 39.1 2.8
72.9 23.4 0.9 14.9 64.0 49.6 2.8
79.4 22.2 1.3 12.3 66.4 47.3 2.5
111.2 26.2 2.5 11.9 65.7 51.5 3.3
105.1 26.6 2.6 9.3 66.9 51.0 4.2
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
196
MADAGASCAR (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
3,687 3,687 3,603 1,690 12 1,110 1,913 84 0 28 0 0
4,286 4,286 4,247 1,828 0 1,378 2,419 39 0 23 0 0
3,182 3,182 3,173 2,839 0 2,298 334 9 0 8 0 0
1,242 1,242 1,236 888 0 636 347 6 0 5 0 0
1,411 1,411 1,404 1,093 0 865 311 6 0 5 0 0
1,721 1,717 1,710 1,378 0 1,066 332 7 0 6 4 0
1,841 1,836 1,829 1,447 0 1,105 382 7 0 6 4 0
1,984 1,981 1,973 1,536 0 1,161 437 7 0 6 3 0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
90 90 89 78 0 76 11 1 0 0 0 0
150 150 150 143 0 94 7 0 0 0 0 0
249 249 249 248 0 221 1 0 0 0 0 0
280 280 280 256 0 178 24 0 0 0 0 0
261 261 261 250 0 198 10 0 0 0 0 0
345 342 342 300 0 211 41 0 0 0 3 0
126 124 124 71 0 31 54 0 0 0 2 0
211 211 211 117 0 76 94 0 0 0 0 0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
24 24 19 18 4 7 1 5 0 1 0 0
74 74 73 37 0 17 36 0 0 0 0 0
38 38 37 22 0 11 15 1 0 1 0 0
36 36 33 19 0 7 14 3 0 3 0 0
9 9 8 7 0 0 1 1 0 0 0 0
20 20 20 5 0 1 14 0 0 0 1 0
34 32 32 14 0 1 18 0 0 0 1 0
37 36 36 11 0 1 25 0 0 0 1 0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
16 16 15 12 1 8 4 1 0 0 0 0
28 28 28 17 0 10 11 0 0 0 0 0
28 28 28 22 0 17 6 0 0 0 0 0
21 21 21 16 0 11 5 0 0 0 0 0
10 10 10 9 0 6 1 0 0 0 0 0
11 11 11 10 0 7 1 0 0 0 0 0
15 15 15 12 0 8 3 0 0 0 0 0
16 16 16 12 0 8 4 0 0 0 0 0
226 59
-53 45
-295 244
-2,002 263
216 294
368 386
128 98
92 125
0 0 0
0 0 0
26 100 0
11 2,475 0
1 143 0
0 6 0
0 0 0
0 0 0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
63 19
64 19
57 20
67 19
66 19
58 18
64 18
72 17
1 0
1 0
1 0
0 0
0 0
0 0
1 0
1 0
Notes: Madagascar was granted debt relief effective in 2006 under MDRI.
197
MALAWI (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
2237.8 2078.3 2078.3 0.0 116.0 43.5 1.4
2704.9 2544.1 2544.1 0.0 82.5 78.3 36.7
3183.2 3061.8 3061.8 0.0 75.2 46.2 34.2
848.1 764.6 764.6 0.0 19.5 64.0 0.0
790.4 759.5 759.5 0.0 31.0 0.0 0.0
893.7 769.0 769.0 0.0 124.7 0.0 0.0
1033.3 839.4 839.4 0.0 126.9 67.0 0.0
921.6 714.6 714.6 0.0 146.0 61.0 0.0
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
7.2 2075.2 3.1 102.3
72.3 2541.4 2.7 58.5
13.3 3061.8 0.0 24.7
0.0 764.6 0.0 20.1
0.0 759.5 0.0 94.4
0.0 769.0 0.0 178.0
0.0 839.4 0.0 193.7
0.0 714.6 0.0 82.0
External debt flows Disbursements Long-term external debt IMF purchases
226.7 215.1 11.6
127.0 118.6 8.5
96.5 88.5 8.0
108.4 94.0 14.5
79.1 68.9 10.2
162.5 65.6 97.0
107.1 107.1 0.0
99.9 78.8 21.2
Principal repayments Long-term external debt IMF repurchases
75.3 65.5 9.9
41.8 32.7 9.1
52.3 37.8 14.5
48.8 31.6 17.1
19.8 19.8 0.0
16.7 16.7 0.0
20.1 20.1 0.0
11.1 11.1 0.0
Net flows Long-term external debt Short-term external debt
183.4 149.6 32.1
83.3 85.8 -1.9
45.3 50.8 1.0
111.7 62.3 52.0
-4.6 49.2 -64.0
145.8 48.9 0.0
154.0 87.0 67.0
82.9 67.7 -6.0
Interest payments Long-term external debt IMF charges Short-term external debt
42.7 38.7 1.4 2.5
21.1 17.9 0.4 2.9
23.4 21.8 1.2 0.5
20.9 18.0 1.0 1.9
13.3 11.4 0.1 1.8
15.2 14.9 0.3 0.0
15.6 14.5 0.6 0.4
7.6 6.8 0.0 0.8
5.6 ..
26.0 ..
52.3 ..
72.2 ..
92.0 ..
170.0 ..
60.0 ..
140.0 ..
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 12.3 9.0 0.1 53.6
.. 8.4 6.2 0.1 65.9
3.3 6.2 4.8 0.0 65.8
8.5 0.0 0.0 0.0 56.1
5.0 0.0 0.0 0.0 57.1
3.5 0.0 0.0 0.0 54.2
3.2 0.0 0.0 0.0 52.7
2.6 0.0 0.0 0.0 41.8
1.0 38.6 9.6
0.8 44.7 10.1
1.4 41.4 8.9
0.8 34.6 10.7
1.7 37.1 9.7
1.2 35.4 12.7
1.4 30.6 7.3
0.8 36.1 9.4
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
1350.1 473.3 0.5 708.2 8.6 -78.0 115.0
1707.2 470.7 0.7 679.6 15.1 -73.5 246.5
2713.7 562.8 .. 1309.6 .. -702.2 165.5
3078.4 604.8 .. 1359.9 .. -701.1 141.9
3436.7 873.1 .. 1418.0 .. -718.5 227.3
4051.1 923.1 .. 1669.8 .. -661.5 253.9
4655.8 990.2 .. 1820.3 .. -767.2 163.3
4979.9 .. .. .. .. -705.1 ..
472.8 165.8 24.9 1.9 76.3 5.1 1.9
574.7 158.4 13.4 2.9 75.6 9.1 4.4
565.6 117.3 13.4 1.5 80.5 5.2 1.5
140.2 27.5 11.5 7.5 50.8 16.7 1.3
90.5 23.0 3.8 .. 55.3 28.8 1.9
96.8 22.1 3.5 .. 54.4 28.4 1.8
104.3 22.2 3.6 6.5 52.3 15.8 1.1
.. 18.5 .. 6.6 62.5 .. ..
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
198
MALAWI (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
2078.3 2078.3 2049.9 1708.3 55.0 1251.3 341.6 28.4 0.0 0.0 0.0 0.0
2544.1 2544.1 2526.1 2044.4 8.5 1592.2 481.8 17.9 0.0 0.0 0.0 0.0
3061.8 3061.8 3043.4 2561.4 0.0 1940.4 482.1 18.4 0.0 16.7 0.0 0.0
764.6 764.6 757.0 430.8 0.0 156.9 326.2 7.6 0.0 6.2 0.0 0.0
759.5 759.5 752.2 437.0 0.0 177.6 315.2 7.3 0.0 6.0 0.0 0.0
769.0 769.0 763.4 486.3 0.0 187.7 277.1 5.6 0.0 5.6 0.0 0.0
839.4 839.4 833.6 539.9 0.0 212.8 293.7 5.8 0.0 5.8 0.0 0.0
714.6 714.6 714.6 575.7 0.0 242.6 138.9 0.0 0.0 0.0 0.0 0.0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
215.1 215.1 215.1 97.3 0.0 73.3 117.8 0.0 0.0 0.0 0.0 0.0
118.6 118.6 118.6 118.6 0.0 97.0 0.0 0.0 0.0 0.0 0.0 0.0
88.5 88.5 88.5 87.7 0.0 45.1 0.8 0.0 0.0 0.0 0.0 0.0
94.0 94.0 94.0 82.2 0.0 46.2 11.7 0.0 0.0 0.0 0.0 0.0
68.9 68.9 68.9 51.5 0.0 13.8 17.4 0.0 0.0 0.0 0.0 0.0
65.6 65.6 65.6 61.8 0.0 11.9 3.8 0.0 0.0 0.0 0.0 0.0
107.1 107.1 107.1 55.9 0.0 24.2 51.2 0.0 0.0 0.0 0.0 0.0
78.8 78.8 78.8 53.8 0.0 33.9 25.0 0.0 0.0 0.0 0.0 0.0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
65.5 65.5 42.6 28.3 11.7 7.1 14.3 22.8 0.0 10.5 0.0 0.0
32.7 32.7 32.7 30.1 7.6 15.8 2.6 0.0 0.0 0.0 0.0 0.0
37.8 37.8 35.2 29.7 0.2 12.4 5.5 2.5 0.0 2.4 0.0 0.0
31.6 31.6 30.1 24.7 0.0 9.8 5.4 1.5 0.0 1.4 0.0 0.0
19.8 19.8 18.7 8.0 0.0 0.0 10.8 1.0 0.0 0.9 0.0 0.0
16.7 16.7 16.6 6.5 0.0 0.0 10.1 0.1 0.0 0.0 0.0 0.0
20.1 20.1 20.1 7.5 0.0 0.0 12.6 0.0 0.0 0.0 0.0 0.0
11.1 11.1 11.1 8.9 0.0 0.1 2.2 0.0 0.0 0.0 0.0 0.0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
38.7 38.7 35.2 25.2 6.5 9.3 10.0 3.6 0.0 0.6 0.0 0.0
17.9 17.9 17.9 17.2 1.0 11.7 0.6 0.0 0.0 0.0 0.0 0.0
21.8 21.8 21.6 20.1 0.0 14.2 1.5 0.2 0.0 0.2 0.0 0.0
18.0 18.0 17.8 16.6 0.0 9.7 1.2 0.2 0.0 0.2 0.0 0.0
11.4 11.4 11.3 3.8 0.0 0.6 7.5 0.1 0.0 0.1 0.0 0.0
14.9 14.9 14.8 4.1 0.0 0.8 10.7 0.1 0.0 0.1 0.0 0.0
14.5 14.5 14.4 4.1 0.0 0.9 10.3 0.1 0.0 0.1 0.0 0.0
6.8 6.8 6.8 4.8 0.0 1.2 2.0 0.0 0.0 0.0 0.0 0.0
217.7 183.4
-36.4 83.3
-244.2 45.3
-2335.1 111.7
-57.6 -4.6
103.3 145.8
139.6 154.0
-111.7 82.9
0.0 0.0 0.0
0.0 0.0 0.0
1.0 53.6 0.0
179.7 2512.0 0.0
24.0 56.1 0.0
0.0 16.3 0.0
10.6 1.1 0.0
0.0 1.3 0.0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
18.1 9.1
19.0 9.9
21.7 10.3
26.0 10.4
29.4 10.3
29.0 10.0
28.0 9.6
29.4 9.2
0.0 0.0
0.0 0.0
0.0 0.0
0.0 0.0
0.0 0.0
0.0 0.0
0.0 0.0
0.0 0.0
Notes: Malawi was granted debt relief effective in 2006 under MDRI. Data include the effects of Paris Club restructuring agreement signed in 2006. Data for 2008, 2009, and 2010 include the effects of Enhanced HIPC Initiative, in the amount of $835 thousand, $1,070 thousand, and $1,275 thousand respectively.
199
MALAYSIA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
34,343 27,069 16,023 11,046 0 7,274 0
41,765 37,192 19,125 18,067 0 4,573 0
51,855 38,679 22,324 16,356 0 13,176 0
54,883 43,080 22,456 20,624 0 11,803 0
61,420 38,320 18,294 20,026 0 23,100 0
66,074 43,274 21,356 21,918 0 22,800 0
66,272 42,578 21,245 21,332 0 23,695 0
81,497 46,421 25,795 20,626 0 35,076 0
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
0 16,023 11,046 3,772
0 19,026 18,166 5,464
0 22,305 16,374 1,212
0 22,444 20,635 1,990
0 18,290 20,030 202
0 21,356 21,918 2,533
0 16,745 25,832 4,500
0 21,295 25,126 5,742
External debt flows Disbursements Long-term external debt IMF purchases
8,503 8,503 0
5,921 5,921 0
6,050 6,050 0
7,038 7,038 0
5,037 5,037 0
5,180 5,180 0
8,339 8,339 0
14,720 14,720 0
Principal repayments Long-term external debt IMF repurchases
4,450 4,450 0
4,146 4,146 0
7,192 7,192 0
5,269 5,269 0
7,819 7,819 0
6,258 6,258 0
9,793 9,793 0
11,349 11,349 0
Net flows Long-term external debt Short-term external debt
5,138 4,053 1,085
337 1,775 -1,439
601 -1,142 1,744
396 1,769 -1,373
8,516 -2,781 11,297
-1,378 -1,078 -300
-560 -1,455 895
14,753 3,372 11,381
Interest payments Long-term external debt IMF charges Short-term external debt
1,591 1,150 0 441
2,287 2,021 0 266
2,183 1,858 0 325
2,347 1,867 0 480
2,602 2,009 0 594
2,521 2,044 0 476
2,264 1,683 0 581
1,935 1,638 0 297
4,178 0
3,788 0
3,966 -1,200
6,076 2,355
8,590 -669
7,376 -10,716
1,387 -449
9,509 ..
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 34.6 1.0 3.1 48.5
.. 27.7 0.2 0.0 63.1
4.2 22.4 0.0 0.0 71.2
4.6 19.7 0.0 0.0 74.0
6.2 21.0 0.0 0.0 71.1
5.0 20.8 0.0 0.0 73.1
0.1 15.9 0.0 0.0 83.3
0.1 12.4 0.0 0.0 87.3
3.4 24.4 6.3
3.1 24.1 3.5
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
6.3 16.9 14.0
7.0 7.6 4.0
5.2 9.6 9.5
5.7 9.2 5.6
5.7 8.8 0.8
4.7 7.0 0.8
5.3 8.4 8.4
2.3 4.7 2.6
84,689 85,992 116 93,618 4,144 -8,644 24,699
86,182 114,356 342 103,944 7,173 8,488 28,651
131,531 166,757 1,117 142,299 8,330 19,980 70,458
151,811 191,091 1,365 160,331 8,858 26,200 82,876
182,577 217,062 1,556 182,624 9,932 29,770 101,995
214,731 242,135 1,329 197,959 13,838 38,914 92,166
188,934 197,637 1,131 160,256 11,119 31,801 96,704
229,960 254,129 1,301 218,485 .. 28,565 106,528
39.9 40.6 7.0 21.2 4.8 71.9 3.2
36.5 48.5 5.6 11.0 3.1 68.6 3.3
31.1 39.4 5.6 25.4 1.8 135.9 5.9
28.7 36.2 4.0 21.5 1.5 151.0 6.2
28.3 33.6 4.8 37.6 0.8 166.1 6.7
27.3 30.8 3.6 34.5 0.6 139.5 5.6
33.5 35.1 6.1 35.8 0.5 145.9 7.2
32.1 35.4 5.2 43.0 0.3 130.7 5.9
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
200
MALAYSIA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
27,069 16,023 5,489 1,644 1,059 0 3,845 10,533 6,062 4,171 11,046 1,765
37,192 19,125 4,950 1,314 812 0 3,637 14,175 9,836 2,292 18,067 3,402
38,679 22,324 6,542 936 533 0 5,606 15,782 12,521 1,867 16,356 7,623
43,080 22,456 6,605 798 437 0 5,807 15,850 12,702 1,987 20,624 7,960
38,320 18,294 4,374 471 135 0 3,903 13,920 11,660 1,307 20,026 7,009
43,274 21,356 5,164 399 85 0 4,765 16,192 11,661 3,729 21,918 6,568
42,578 21,245 4,092 303 39 0 3,789 17,154 13,198 3,380 21,332 5,927
46,421 25,795 3,750 237 0 0 3,513 22,045 15,575 6,045 20,626 4,893
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8,503 4,150 837 135 88 0 702 3,313 2,100 1,205 4,353 480
5,921 3,460 1,446 61 15 0 1,385 2,015 1,061 672 2,461 361
6,050 2,182 981 36 0 0 944 1,201 1,150 51 3,868 1,615
7,038 1,801 396 30 0 0 366 1,405 1,000 405 5,237 620
5,037 558 206 21 0 0 185 352 0 352 4,479 0
5,180 1,942 98 13 0 0 85 1,844 0 1,844 3,238 0
8,339 5,319 47 8 0 0 39 5,271 4,500 771 3,020 0
14,720 6,014 18 5 0 0 13 5,996 2,339 3,658 8,706 400
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
4,450 1,701 455 261 194 0 195 1,245 140 420 2,749 0
4,146 2,017 840 139 100 0 701 1,176 200 864 2,129 745
7,192 4,752 1,218 155 92 0 1,064 3,534 2,036 1,256 2,440 237
5,269 2,447 811 167 96 0 644 1,635 920 484 2,822 337
7,819 3,646 1,691 354 302 0 1,337 1,956 1,170 556 4,172 1,000
6,258 1,503 820 100 50 0 720 683 0 436 4,755 250
9,793 5,351 1,053 102 47 0 951 4,298 2,959 1,119 4,442 1,398
11,349 1,863 688 75 38 0 612 1,176 0 992 9,486 715
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
1,150 805 284 128 83 0 155 522 251 190 345 28
2,021 1,159 259 98 66 0 160 900 599 189 862 159
1,858 1,208 314 47 33 0 267 894 746 91 650 363
1,867 1,177 228 40 27 0 188 949 782 109 690 437
2,009 1,166 202 32 19 0 170 964 795 119 843 434
2,044 991 129 20 8 0 109 862 735 90 1,053 373
1,683 813 124 15 4 0 109 689 589 83 870 339
1,638 955 97 10 2 0 87 857 702 147 684 295
4,007 5,138
-21 337
-160 601
3,027 396
6,537 8,516
4,655 -1,378
198 -560
15,224 14,753
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
627 82
594 68
341 55
314 46
253 38
228 31
198 25
176 19
8,385 1,337
5,584 1,191
4,174 1,081
5,989 984
8,059 720
2,227 482
1,657 419
61 397
Notes: Long-term public and publicly guaranteed, long-term private nonguaranteed debt and short-term debt for 2010 are World Bank staff estimates based on government statistics. Short-term debt data for 2010 are based on reports provided by the country.
201
MALDIVES (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
155 152 152 0 0 3 0
206 185 185 0 0 21 0
461 399 330 70 6 56 0
683 579 384 195 6 98 0
1,038 853 444 408 6 179 0
1,140 920 497 423 4 216 2
1,164 970 569 400 9 186 1
1,229 989 653 336 16 224 3
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
0 152 0 29
0 183 1 38
0 300 99 74
0 356 223 144
0 419 434 71
9 475 445 194
9 550 420 114
2 638 351 127
External debt flows Disbursements Long-term external debt IMF purchases
35 35 0
14 14 0
130 124 6
209 209 0
323 323 0
163 163 0
199 191 8
212 204 8
Principal repayments Long-term external debt IMF repurchases
7 7 0
14 14 0
31 31 0
42 42 0
69 69 0
89 86 2
150 147 3
179 179 1
Net flows Long-term external debt Short-term external debt
30 28 2
-4 0 -3
123 93 24
209 167 42
335 254 81
109 76 35
19 44 -30
69 26 36
Interest payments Long-term external debt IMF charges Short-term external debt
4 4 0 0
6 5 0 1
13 11 0 2
20 15 0 5
32 22 0 10
36 27 0 9
26 21 0 6
24 14 0 10
7 ..
22 ..
53 ..
64 ..
91 ..
135 ..
112 ..
164 ..
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 0.0 0.0 0.0 51.3
.. 0.0 0.2 0.0 53.3
8.6 0.0 0.0 0.0 55.7
14.7 0.0 0.0 0.0 52.0
20.5 0.0 0.0 0.0 48.5
22.3 0.3 0.0 0.0 47.6
18.7 1.2 0.0 0.0 54.0
18.3 4.5 0.0 0.0 47.4
2.5 34.8 10.1
2.5 34.7 9.3
1.1 30.5 7.4
3.6 19.5 4.5
4.1 20.1 5.2
0.9 12.9 4.0
2.5 23.6 5.8
1.6 23.3 6.5
7.9 6.0 1.7
6.6 8.4 1.1
6.6 7.8 1.6
8.4 10.3 1.5
6.9 8.3 1.8
0.0 0.0 0.0
2.1 11.2 1.7
0.0 0.0 0.0
379 322 2 337 20 -18 48
594 468 2 492 34 -51 123
726 495 2 910 31 -273 189
878 793 3 1,103 41 -302 234
1,011 899 3 1,323 45 -438 311
1,208 1,063 3 1,647 36 -647 244
1,265 834 4 1,196 26 -419 276
1,419 953 4 1,349 31 -463 364
48.0 40.9 3.4 1.9 57.0 31.0 1.7
44.1 34.7 4.2 10.4 57.6 59.6 3.0
93.2 63.6 8.8 12.2 37.9 41.0 2.5
86.2 77.8 7.8 14.4 31.9 34.3 2.6
115.5 102.7 11.2 17.2 25.3 30.0 2.8
107.2 94.3 11.7 18.9 24.5 21.4 1.8
139.6 92.1 21.2 15.9 24.8 23.7 2.8
128.8 86.6 21.3 18.2 25.4 29.7 3.2
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
202
MALDIVES (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
152 152 143 88 0 36 54 9 0 3 0 0
185 185 155 119 0 46 36 30 0 24 0 0
399 330 280 175 0 64 105 50 0 50 70 0
579 384 321 218 0 70 103 63 0 63 195 0
853 444 360 262 0 77 98 84 0 84 408 0
920 497 383 279 0 79 104 114 0 114 423 0
970 569 472 288 0 84 183 97 0 97 400 0
989 653 548 311 0 99 236 105 0 105 336 0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
35 35 31 16 0 4 15 4 0 2 0 0
14 14 6 6 0 3 0 7 0 6 0 0
124 52 35 16 0 5 19 16 0 16 72 0
209 67 50 39 0 3 11 17 0 17 142 0
323 74 45 39 0 5 6 29 0 29 249 0
163 102 55 36 0 4 19 47 0 47 60 0
191 114 109 16 0 6 93 5 0 5 78 0
204 143 109 47 0 17 63 34 0 34 61 0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
7 7 5 1 0 0 4 2 0 1 0 0
14 14 7 2 0 0 4 7 0 6 0 0
31 24 15 4 0 1 11 9 0 8 7 0
42 25 18 4 0 1 14 7 0 7 16 0
69 33 22 8 0 1 14 11 0 11 36 0
86 40 25 13 0 1 12 15 0 15 46 0
147 47 24 12 0 1 12 23 0 23 100 0
179 53 29 16 0 2 13 24 0 24 125 0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
4 4 3 1 0 0 2 1 0 0 0 0
5 5 3 1 0 0 1 2 0 2 0 0
11 9 7 2 0 1 5 2 0 2 2 0
15 11 8 2 0 1 6 3 0 3 4 0
22 13 9 4 0 1 5 4 0 4 9 0
27 14 9 5 0 1 4 5 0 5 13 0
21 13 8 4 0 1 3 5 0 5 7 0
14 10 6 3 0 1 3 4 0 4 5 0
31 30
-13 -4
92 123
222 209
355 335
102 109
24 19
64 69
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
115 7
56 7
35 7
34 7
31 7
37 7
31 6
30 6
121 18
89 14
75 10
50 7
41 5
32 4
26 2
21 1
Notes: Short-term debt data are World Bank staff estimates based on government statistics.
203
MALI (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
2,958 2,739 2,739 0 147 72 28
2,960 2,671 2,671 0 176 114 42
3,201 3,036 3,036 0 109 55 6
1,591 1,553 1,553 0 8 30 6
1,826 1,807 1,807 0 13 6 6
2,031 1,985 1,985 0 40 7 7
2,071 2,002 2,002 0 44 25 1
2,326 2,271 2,271 0 49 6 0
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
342 2,739 0 163
541 2,671 0 245
80 3,036 0 440
91 1,553 0 337
27 1,807 0 436
36 1,985 0 302
4 2,002 0 533
1 2,271 0 502
External debt flows Disbursements Long-term external debt IMF purchases
238 193 45
109 100 9
282 280 2
151 145 6
261 257 4
263 234 28
497 494 3
318 312 6
Principal repayments Long-term external debt IMF repurchases
62 55 7
66 50 16
69 52 17
58 58 0
43 43 0
44 44 0
46 46 0
39 39 0
Net flows Long-term external debt Short-term external debt
200 138 24
-31 50 -73
219 228 5
68 87 -25
194 214 -24
218 190 0
475 448 24
260 272 -18
Interest payments Long-term external debt IMF charges Short-term external debt
25 22 1 2
26 18 1 8
31 27 0 3
26 24 0 2
20 19 0 1
25 25 0 0
22 22 0 0
22 21 0 0
111 0
82 0
188 9
48 3
54 -6
132 -3
718 -3
148 ..
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 2.3 1.8 2.1 22.5
.. 2.9 1.8 1.5 33.9
14.4 2.1 0.1 1.6 45.2
19.8 3.8 0.2 3.4 29.8
18.1 3.3 0.0 0.0 32.0
15.4 3.5 0.0 0.0 31.6
3.1 0.0 0.0 0.0 34.1
3.5 0.0 0.0 0.0 36.7
1.5 31.2 8.8
0.6 34.9 8.8
1.1 34.4 8.6
0.7 38.7 8.2
1.4 32.0 8.2
1.1 36.8 9.3
1.1 34.3 8.6
0.8 28.9 8.6
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
5.9 11.4 4.9
4.0 11.2 4.7
0.0 0.0 0.0
2,419 538 112 1,040 5 -284 323
2,392 665 73 1,046 76 -255 382
5,099 1,407 177 2,072 155 -438 854
5,524 1,897 212 2,441 215 -219 970
7,146 1,985 344 2,966 243 -581 1,087
8,425 2,604 431 4,126 278 -1,066 1,072
8,603 2,180 454 3,321 430 -655 1,604
8,909 2,425 436 3,588 0 -705 1,344
550.2 122.3 16.1 2.4 47.2 10.9 3.7
445.4 123.7 14.0 3.8 51.1 12.9 4.4
227.5 62.8 7.1 1.7 70.0 26.7 4.9
83.9 28.8 4.5 1.9 44.2 60.9 4.8
92.0 25.5 3.2 0.3 52.8 59.5 4.4
78.0 24.1 2.7 0.3 56.5 52.8 3.1
95.0 24.1 3.1 1.2 75.6 77.5 5.8
95.9 26.1 2.5 0.3 76.9 57.8 4.5
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
204
MALI (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
2,739 2,739 2,737 1,397 0 863 1,340 2 0 2 0 0
2,671 2,671 2,671 1,513 0 957 1,158 0 0 0 0 0
3,036 3,036 3,032 2,241 0 1,424 791 5 0 5 0 0
1,553 1,553 1,546 703 0 297 843 7 0 7 0 0
1,807 1,807 1,800 964 0 452 836 7 0 7 0 0
1,985 1,985 1,979 1,148 0 534 831 5 0 5 0 0
2,002 2,002 1,995 1,565 0 698 430 7 0 7 0 0
2,271 2,271 2,266 1,790 0 840 476 5 0 5 0 0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
193 193 193 146 0 85 47 0 0 0 0 0
100 100 100 85 0 49 14 0 0 0 0 0
280 280 277 211 0 111 66 3 0 3 0 0
145 145 144 109 0 49 35 1 0 1 0 0
257 257 257 190 0 139 67 0 0 0 0 0
234 234 234 221 0 88 13 0 0 0 0 0
494 494 491 384 0 160 107 3 0 3 0 0
312 312 312 260 0 153 51 0 0 0 0 0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
55 55 55 23 0 6 32 0 0 0 0 0
50 50 50 26 0 7 24 0 0 0 0 0
52 52 52 34 0 9 19 0 0 0 0 0
58 58 58 39 0 5 20 0 0 0 0 0
43 43 42 21 0 0 22 1 0 1 0 0
44 44 43 25 0 0 18 1 0 1 0 0
46 46 45 32 0 1 13 1 0 1 0 0
39 39 38 30 0 2 8 1 0 1 0 0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
22 22 22 12 0 6 10 0 0 0 0 0
18 18 18 12 0 7 5 0 0 0 0 0
27 27 27 21 0 11 6 0 0 0 0 0
24 24 23 16 0 7 7 1 0 1 0 0
19 19 19 11 0 3 8 0 0 0 0 0
25 25 24 13 0 4 11 0 0 0 0 0
22 22 21 15 0 4 6 0 0 0 0 0
21 21 21 15 0 5 6 0 0 0 0 0
264 200
-236 -31
-64 219
-1,609 68
234 194
206 218
39 475
256 260
0 0 0
0 34 45
0 33 0
0 1,898 0
0 105 0
0 9 0
0 498 0
0 0 0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
91 27
96 29
97 31
100 31
110 31
108 30
116 29
136 28
4 0
4 0
1 0
1 0
1 0
0 0
0 0
0 0
Notes: Mali was granted debt relief effective in 2006 under MDRI. The data for Principal Arrears on long-term have been revised since 2001.
205
MAURITANIA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
2,396 2,127 2,127 0 100 169 79
2,378 2,029 2,029 0 98 251 112
2,308 2,072 2,072 0 69 167 109
1,618 1,389 1,389 0 0 229 130
1,704 1,437 1,437 0 13 254 128
1,986 1,669 1,669 0 16 301 135
2,048 1,840 1,840 0 16 192 134
2,461 2,174 2,174 0 50 237 76
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
174 2,127 0 114
337 2,029 0 106
213 2,072 0 395
223 1,389 0 158
218 1,437 0 307
252 1,669 0 326
212 1,840 0 692
134 2,174 0 470
External debt flows Disbursements Long-term external debt IMF purchases
133 111 22
123 115 8
143 143 0
175 175 0
197 185 13
297 294 3
263 263 0
446 412 34
Principal repayments Long-term external debt IMF repurchases
79 70 9
52 46 6
42 33 10
66 44 23
93 93 0
38 38 0
53 53 0
76 76 0
Net flows Long-term external debt Short-term external debt
68 42 14
62 69 -9
92 111 -9
149 131 41
131 92 27
300 257 40
102 210 -108
473 336 103
Interest payments Long-term external debt IMF charges Short-term external debt
38 32 0 5
31 20 1 11
23 20 0 3
25 20 0 5
28 23 0 5
26 21 0 4
24 23 0 1
33 31 0 1
7 0
40 0
814 ..
106 ..
138 ..
338 ..
-38 ..
14 ..
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 3.1 0.5 0.0 34.0
.. 3.6 0.4 0.0 40.9
2.2 0.1 0.0 0.1 49.3
5.3 0.1 0.0 0.1 32.1
8.3 0.1 0.0 0.1 35.9
9.4 0.1 0.0 0.1 37.7
8.2 0.0 0.0 0.0 38.9
6.8 0.0 0.0 0.0 44.3
1.1 34.7 9.7
1.9 28.5 7.5
3.3 21.8 5.4
1.5 30.5 8.4
2.6 27.3 5.6
2.8 25.6 6.2
6.1 15.1 4.2
2.2 21.9 5.8
0.0 0.0 0.0
0.0 0.0 0.0
5.8 9.8 1.8
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
1,366 506 5 559 4 22 90
1,092 .. .. .. .. .. 49
1,922 .. .. .. .. .. 70
2,334 1,573 .. 1,778 .. 159 194
2,828 1,627 .. 2,286 .. 144 207
3,619 2,056 .. 2,810 .. 197 199
3,079 1,614 .. 2,136 .. -386 238
3,672 .. .. .. .. .. 288
473.9 175.3 23.1 7.1 38.6 3.8 1.9
.. 217.8 .. 10.6 41.8 2.1 ..
.. 120.1 .. 7.2 61.2 3.0 ..
102.9 69.3 5.8 14.1 45.1 12.0 1.3
104.7 60.2 7.4 14.9 47.0 12.2 1.1
96.6 54.9 3.1 15.1 46.4 10.0 0.8
126.9 66.5 4.8 9.4 53.8 11.6 1.3
.. 67.0 .. 9.6 54.9 11.7 ..
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
206
MAURITANIA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
2,127 2,127 2,119 926 11 336 1,193 8 0 0 0 0
2,029 2,029 2,009 994 0 449 1,016 19 0 0 0 0
2,072 2,072 2,048 1,413 0 677 635 23 0 23 0 0
1,389 1,389 1,368 730 0 130 638 22 0 22 0 0
1,437 1,437 1,417 800 0 203 616 20 0 20 0 0
1,669 1,669 1,655 922 0 243 734 14 0 14 0 0
1,840 1,840 1,827 1,103 0 282 725 12 0 12 0 0
2,174 2,174 2,173 1,350 0 316 823 1 0 1 0 0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
111 111 111 88 0 30 24 0 0 0 0 0
115 115 115 106 0 57 9 0 0 0 0 0
143 143 128 109 0 42 19 15 0 15 0 0
175 175 175 169 0 47 6 0 0 0 0 0
185 185 185 134 0 66 51 0 0 0 0 0
294 294 294 159 0 43 135 0 0 0 0 0
263 263 263 209 0 38 54 0 0 0 0 0
412 412 412 306 0 39 106 0 0 0 0 0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
70 70 69 35 2 2 34 0 0 0 0 0
46 46 43 34 2 1 9 2 0 0 0 0
33 33 31 17 0 2 14 1 0 1 0 0
44 44 42 39 0 1 3 2 0 2 0 0
93 93 92 86 0 0 6 1 0 1 0 0
38 38 31 25 0 0 7 6 0 6 0 0
53 53 52 31 0 0 21 1 0 1 0 0
76 76 65 56 0 1 9 11 0 11 0 0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
32 32 32 15 1 2 17 0 0 0 0 0
20 20 18 14 0 2 5 2 0 0 0 0
20 20 19 15 0 6 4 1 0 1 0 0
20 20 19 16 0 3 3 1 0 1 0 0
23 23 22 17 0 2 5 1 0 1 0 0
21 21 21 14 0 2 7 0 0 0 0 0
23 23 23 13 0 2 10 0 0 0 0 0
31 31 31 18 0 2 12 1 0 1 0 0
136 68
-155 62
-15 92
-690 149
86 131
281 300
62 102
414 473
65 15 0
11 53 0
10 25 0
0 905 0
0 67 0
0 38 0
0 2 0
116 175 0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
82 58
119 74
156 81
169 80
168 76
191 71
191 65
195 59
1 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
Notes: Mauritania was granted debt relief effective in 2006 under MDRI.
207
MAURITIUS (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
1,415 1,414 1,147 267 0 1 1
946 946 828 118 0 .. 0
782 782 716 66 0 .. 0
629 629 580 49 0 .. 0
668 668 605 62 0 .. 0
632 632 583 49 0 .. 0
826 818 737 81 0 8 0
1,076 1,072 972 100 0 3 0
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
0 1,147 267 566
0 828 118 101
0 716 66 62
0 580 49 56
0 605 62 150
0 583 49 114
0 737 81 1,260
0 972 100 266
External debt flows Disbursements Long-term external debt IMF purchases
409 409 0
128 128 0
138 138 0
39 39 0
118 118 0
114 114 0
285 285 0
388 388 0
Principal repayments Long-term external debt IMF repurchases
154 154 0
401 401 0
197 197 0
226 226 0
126 126 0
138 138 0
108 108 0
113 113 0
Net flows Long-term external debt Short-term external debt
255 255 ..
-273 -273 ..
-59 -59 ..
-187 -187 ..
-8 -8 ..
-24 -24 ..
177 177 ..
270 275 -4
Interest payments Long-term external debt IMF charges Short-term external debt
56 56 0 0
52 52 0 0
30 30 0 0
29 29 0 0
26 26 0 0
23 23 0 0
21 20 0 1
17 17 0 0
19 22
266 -4
42 36
107 35
341 50
378 34
257 206
431 -40
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 1.2 1.7 0.2 42.3
.. 2.6 1.6 0.3 45.9
49.1 5.5 1.5 0.2 24.6
53.3 6.1 1.7 0.2 20.3
51.8 6.4 1.5 0.2 21.4
46.5 8.3 1.5 0.1 24.5
40.8 6.0 1.1 0.0 31.9
32.0 4.8 0.8 0.0 31.1
5.1 17.5 5.5
3.9 15.7 4.7
2.6 14.2 4.8
5.0 17.2 5.8
4.1 18.7 5.3
4.0 15.6 5.5
1.1 18.2 5.1
1.3 18.5 5.3
6.3 6.1 4.3
7.5 1.9 1.9
2.5 1.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
2.8 11.3 1.8
0.0 0.0 0.0
4,021 2,402 132 2,525 16 -22 887
4,553 2,671 177 2,772 8 -37 914
6,276 3,899 215 4,284 34 -324 1,372
6,559 4,374 215 5,050 88 -604 1,309
8,016 5,259 215 5,818 90 -434 1,832
9,813 5,748 215 6,948 163 -976 1,796
8,891 4,635 211 5,514 195 -655 2,316
9,798 5,413 226 6,396 92 -800 2,619
58.9 35.2 8.7 0.1 19.1 62.7 4.2
35.4 20.8 16.9 .. 22.8 96.6 4.0
20.1 12.5 5.8 .. 32.0 175.3 3.8
14.4 9.6 5.8 .. 35.2 208.1 3.1
12.7 8.3 2.9 .. 38.0 274.3 3.8
11.0 6.4 2.8 .. 42.7 284.2 3.1
17.8 9.3 2.8 0.9 45.6 280.4 5.0
19.9 11.0 2.4 0.3 46.5 243.4 4.9
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
208
MAURITIUS (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
1,414 1,147 663 270 140 17 393 484 150 315 267 0
946 828 494 216 86 13 278 334 0 324 118 0
782 716 504 250 68 10 253 213 0 162 66 0
629 580 440 221 61 10 219 140 0 108 49 0
668 605 497 253 81 9 243 109 0 79 62 0
632 583 500 270 103 9 230 83 0 59 49 0
818 737 652 377 204 8 275 85 0 65 81 0
1,072 972 884 501 197 7 383 88 0 73 100 0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
409 353 39 18 11 0 21 313 150 159 56 0
128 119 43 17 4 0 26 76 0 76 9 0
138 126 62 31 2 0 31 64 0 61 11 0
39 28 28 14 1 0 14 0 0 0 11 0
118 89 89 47 31 0 41 0 0 0 29 0
114 86 86 48 30 0 38 0 0 0 28 0
285 217 197 129 109 0 68 19 0 19 69 0
388 319 292 158 3 0 133 27 0 27 69 0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
154 94 60 33 23 1 27 33 0 22 60 0
401 385 55 34 18 1 21 330 150 146 16 0
197 176 87 31 9 1 56 89 0 81 21 0
226 203 115 52 8 1 62 89 0 67 23 0
126 105 61 26 11 1 35 44 0 38 21 0
138 104 83 26 9 1 56 21 0 16 35 0
108 71 51 25 8 1 26 20 0 15 37 0
113 64 44 22 6 1 23 20 0 15 49 0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
56 50 35 16 11 0 19 14 0 12 6 0
52 51 23 9 5 0 14 29 5 22 1 0
30 30 19 7 2 0 13 10 0 8 0 0
29 29 19 9 3 0 10 10 0 8 0 0
26 26 18 9 4 0 9 8 0 6 1 0
23 23 18 9 4 0 9 5 0 4 0 0
20 20 16 7 3 0 9 3 0 2 1 0
17 16 15 5 3 0 9 2 0 2 1 0
317 255
-325 -273
-142 -59
-153 -187
39 -8
-36 -24
194 177
250 270
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
63 20
68 23
65 24
97 25
159 24
169 22
164 20
161 17
48 7
34 5
32 3
19 3
15 2
11 1
10 1
9 1
Notes: Long-term private nonguaranteed debt data and short-term debt data from 2009 are based on reports provided by the country. Historical private nonguaranteed debt data are World Bank staff estimates. Short-term debt data before 2009 are excluded since BIS data include debt liabilities of offshore centers located in the country.
209
MEXICO (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
165,379 112,250 93,902 18,348 15,828 37,300 0
150,901 131,969 81,488 50,481 0 18,932 0
165,841 143,640 108,482 35,158 0 22,201 0
161,192 134,934 96,029 38,905 0 26,258 0
178,611 151,249 105,376 45,872 0 27,362 0
187,137 158,732 113,950 44,782 0 28,405 0
171,485 143,895 99,374 44,521 0 27,590 0
200,081 161,068 111,467 49,600 0 39,013 0
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
0 93,471 18,779 24,610
0 81,210 50,758 10,828
0 108,448 35,192 14,933
0 96,022 38,912 14,974
0 105,374 45,875 16,663
0 113,950 44,782 24,384
0 99,374 44,521 23,318
0 111,467 49,600 28,741
External debt flows Disbursements Long-term external debt IMF purchases
42,966 29,678 13,288
34,024 32,830 1,194
25,948 25,948 0
29,483 29,483 0
33,335 33,335 0
33,704 33,704 0
32,005 32,005 0
39,706 39,706 0
Principal repayments Long-term external debt IMF repurchases
15,309 14,165 1,144
44,451 38,958 5,493
25,098 25,098 0
42,434 42,434 0
24,285 24,285 0
23,568 23,568 0
22,315 22,315 0
21,680 21,680 0
Net flows Long-term external debt Short-term external debt
25,635 15,513 -2,022
-15,557 -6,128 -5,130
2,739 850 1,889
-8,894 -12,951 4,057
10,154 9,050 1,104
11,178 10,135 1,043
8,875 9,690 -815
29,449 18,026 11,423
Interest payments Long-term external debt IMF charges Short-term external debt
10,801 7,645 545 2,611
14,059 12,014 153 1,892
10,571 8,624 0 1,947
11,343 9,677 0 1,665
12,234 10,218 0 2,016
9,458 8,551 0 907
8,436 7,710 0 726
9,536 7,090 0 2,446
9,526 519
18,110 447
24,122 3,353
20,052 2,805
29,734 -482
26,295 -3,503
15,334 4,169
18,679 641
1. Summary external debt data External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 8.3 0.7 0.4 65.2
.. 7.6 0.2 0.0 85.0
1.1 1.8 0.1 0.2 95.7
1.3 1.0 0.1 0.2 96.9
1.1 0.8 0.1 0.2 97.4
1.0 0.9 0.0 0.1 97.8
7.4 4.6 1.2 0.5 86.2
6.4 6.1 1.1 0.6 85.8
9.1 9.3 2.9
5.4 14.8 4.8
4.0 20.4 4.7
5.9 13.7 4.4
7.4 13.0 4.3
3.1 19.5 7.9
1.3 18.0 9.9
0.9 16.8 11.3
6.2 3.6 2.5
8.4 9.4 9.1
6.5 14.5 7.9
5.5 11.1 7.6
6.6 16.6 11.5
6.6 17.4 9.7
5.5 9.5 8.6
4.2 15.4 14.1
273,409 93,034 4,368 98,571 4,259 -1,576 17,046
566,409 185,853 7,525 211,589 6,076 -18,743 35,577
834,030 235,409 22,742 262,626 7,107 -5,080 74,110
933,395 272,390 26,543 302,826 10,173 -4,487 76,329
1,016,935 297,114 26,871 332,360 11,609 -8,851 87,208
1,079,005 316,949 26,035 358,750 10,091 -16,339 95,300
867,973 249,740 22,014 277,623 7,891 -6,352 99,889
1,025,199 319,198 22,048 346,329 6,576 -5,626 120,584
177.8 60.5 28.1 22.6 11.3 10.3 2.1
81.2 26.6 31.5 12.5 11.4 23.6 2.0
70.4 19.9 15.2 13.4 9.9 44.7 3.4
59.2 17.3 19.7 16.3 5.1 47.4 3.0
60.1 17.6 12.3 15.3 5.1 48.8 3.1
59.0 17.3 10.4 15.2 5.7 50.9 3.2
68.7 19.8 12.3 16.1 10.0 58.2 4.3
62.7 19.5 9.8 19.5 10.6 60.3 4.2
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
210
MEXICO (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
112,250 93,902 38,997 18,636 13,823 0 20,361 54,904 45,287 5,302 18,348 13,026
131,969 81,488 20,850 17,238 11,444 0 3,612 60,639 52,754 5,281 50,481 20,644
143,640 108,482 18,770 16,478 8,881 0 2,292 89,712 68,548 20,272 35,158 19,442
134,934 96,029 10,263 8,210 4,211 0 2,053 85,766 64,025 20,940 38,905 19,389
151,249 105,376 11,009 9,114 4,540 0 1,894 94,368 69,217 24,414 45,872 22,680
158,732 113,950 12,417 10,648 5,867 0 1,769 101,534 78,240 22,590 44,782 19,958
143,895 99,374 21,212 17,232 10,143 0 3,980 78,161 58,890 17,552 44,521 21,525
161,068 111,467 25,655 21,112 12,462 0 4,542 85,813 63,519 19,530 49,600 29,970
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
29,678 23,399 13,426 2,663 1,732 0 10,763 9,973 7,059 1,699 6,279 843
32,830 11,483 2,855 2,534 1,748 0 322 8,628 7,368 1,096 21,346 3,346
25,948 15,143 2,309 1,946 997 0 363 12,833 10,096 2,665 10,806 6,669
29,483 14,977 2,365 2,108 1,429 0 257 12,612 8,069 4,439 14,506 4,506
33,335 15,625 2,165 1,739 671 0 426 13,459 11,746 1,591 17,710 5,826
33,704 24,746 2,761 2,613 1,940 0 147 21,985 18,224 3,665 8,958 931
32,005 21,926 8,719 7,571 4,882 0 1,148 13,206 10,897 1,728 10,079 5,067
39,706 26,862 5,721 4,247 2,449 0 1,474 21,141 11,984 7,125 12,844 11,298
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
14,165 9,136 3,072 1,714 1,411 0 1,358 6,064 3,534 1,623 5,029 610
38,958 16,328 3,377 1,816 1,330 0 1,561 12,950 9,256 2,870 22,630 3,552
25,098 15,682 2,527 1,982 1,379 0 545 13,155 9,989 2,983 9,416 2,645
42,434 31,570 10,948 10,420 6,100 0 527 20,623 15,003 5,414 10,864 4,703
24,285 13,541 1,539 901 342 0 638 12,001 10,307 1,482 10,744 2,536
23,568 13,834 1,459 1,120 596 0 339 12,374 9,649 2,542 9,735 3,247
22,315 11,869 1,792 1,110 669 0 682 10,077 4,965 4,296 10,446 3,500
21,680 13,938 1,676 667 194 0 1,009 12,263 7,118 4,132 7,742 2,826
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
7,645 6,239 2,659 1,291 961 0 1,368 3,579 2,906 346 1,407 1,054
12,014 7,763 1,553 1,275 890 0 278 6,210 4,739 877 4,251 1,620
8,624 6,758 847 769 437 0 78 5,912 5,474 404 1,866 957
9,677 6,412 912 832 461 0 80 5,500 5,047 414 3,266 1,621
10,218 6,435 513 433 232 0 80 5,922 5,532 355 3,783 1,694
8,551 5,752 458 394 200 0 64 5,294 4,957 309 2,799 1,310
7,710 4,937 551 459 247 0 92 4,386 3,774 562 2,773 1,583
7,090 4,604 628 531 246 0 97 3,976 3,671 280 2,486 1,379
26,833 25,635
-15,837 -15,557
3,557 2,739
-4,648 -8,894
17,418 10,154
8,526 11,178
-15,652 8,875
28,596 29,449
0 293 13
0 478 6,644
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 1,746
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
1,975 379
1,531 341
1,485 307
1,433 272
1,375 238
1,361 212
1,245 189
1,708 166
13,884 7,933
13,033 7,005
16,899 5,954
10,750 5,063
11,202 4,495
5,763 4,107
11,125 3,524
1,998 3,092
Notes: Short-term debt for 2010 is based on reports provided by the country.
211
MOLDOVA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
695 459 450 9 230 6 5
1,690 1,047 850 197 154 489 22
2,051 1,238 698 540 95 718 56
2,437 1,454 736 718 141 842 15
3,173 1,935 777 1,158 160 1,079 21
3,461 2,006 791 1,214 166 1,289 22
3,557 1,986 784 1,203 154 1,417 38
4,615 2,723 817 1,906 327 1,564 37
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
42 450 9 169
33 839 208 20
78 698 540 24
72 736 718 40
92 777 1,158 96
97 791 1,214 30
173 784 1,203 70
172 817 1,906 183
External debt flows Disbursements Long-term external debt IMF purchases
230 166 64
176 164 12
237 237 0
415 351 64
621 588 33
511 475 36
271 271 0
642 459 183
Principal repayments Long-term external debt IMF repurchases
41 41 0
82 57 25
184 163 22
258 234 24
239 217 22
414 389 25
316 301 15
307 299 8
Net flows Long-term external debt Short-term external debt
189 124 0
560 107 465
157 75 104
322 117 165
613 371 231
305 86 208
67 -30 113
483 161 148
Interest payments Long-term external debt IMF charges Short-term external debt
29 19 10 0
68 46 8 14
66 42 3 21
76 38 3 35
99 50 2 47
87 56 1 29
70 52 1 16
80 47 0 32
26 -1
128 3
191 1
240 2
534 2
713 11
128 2
194 6
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 8.4 0.0 0.0 22.8
.. 3.4 0.0 0.0 67.1
7.6 3.3 0.0 0.0 68.9
8.1 3.0 0.0 0.0 69.2
8.8 2.9 0.0 0.0 69.0
8.9 3.4 0.0 0.0 67.8
10.5 3.0 0.0 0.0 66.6
9.5 2.9 0.0 0.0 69.4
6.8 10.4 3.3
0.4 39.7 10.2
1.5 29.2 7.4
0.8 39.4 10.1
3.0 23.8 6.2
0.8 39.6 10.1
1.2 26.6 8.4
1.8 15.8 5.3
7.0 6.0 1.5
5.9 3.2 3.2
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
1,724 898 1 1,038 0 -85 257
1,310 780 179 1,089 3 -98 222
3,347 2,043 920 2,844 45 -226 597
3,809 2,132 1,182 3,335 108 -388 775
4,819 2,709 1,498 4,615 182 -674 1,334
6,653 3,388 1,897 6,014 152 -987 1,672
5,743 2,586 1,211 4,276 156 -469 1,480
6,280 3,021 1,370 4,850 155 -523 1,718
77.4 40.3 7.9 0.9 31.1 37.0 3.0
216.5 129.0 19.2 28.9 23.9 13.2 2.5
100.4 61.3 12.2 35.0 19.9 29.1 2.5
114.3 64.0 15.7 34.6 17.7 31.8 2.8
117.1 65.9 12.5 34.0 14.9 42.0 3.5
102.1 52.0 14.8 37.2 14.3 48.3 3.3
137.6 61.9 14.9 39.8 14.5 41.6 4.2
152.7 73.5 12.8 33.9 12.0 37.2 4.2
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
212
MOLDOVA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
459 450 430 216 152 0 214 19 0 4 9 0
1,047 850 743 403 191 103 340 107 75 12 197 0
1,238 698 664 409 161 209 255 34 25 7 540 0
1,454 736 711 430 151 242 280 25 19 6 718 0
1,935 777 759 473 141 292 286 18 13 5 1,158 0
2,006 791 781 495 129 311 286 11 6 4 1,214 0
1,986 784 780 514 110 332 266 4 0 4 1,203 0
2,723 817 814 556 93 386 258 3 0 3 1,906 0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
166 159 139 81 50 0 58 19 0 4 7 0
164 54 52 50 6 30 1 2 0 0 110 0
237 26 26 25 0 24 1 0 0 0 211 0
351 31 31 29 0 23 3 0 0 0 320 0
588 47 47 47 0 39 1 0 0 0 541 0
475 43 43 43 0 24 0 0 0 0 432 0
271 41 41 41 0 21 0 0 0 0 230 0
459 89 89 74 0 64 15 0 0 0 370 0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
41 39 39 35 0 0 4 0 0 0 2 0
57 30 27 21 5 0 5 3 0 0 28 0
163 42 35 35 13 0 0 7 6 1 120 0
234 53 45 23 14 0 22 8 6 1 181 0
217 41 34 21 15 1 13 7 6 1 176 0
389 42 35 22 17 2 13 6 6 0 347 0
301 53 46 25 18 3 22 7 6 1 248 0
299 48 47 25 18 4 22 1 0 1 251 0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
19 19 19 11 8 0 8 0 0 0 0 0
46 39 28 18 11 1 10 11 7 0 7 0
42 22 20 10 6 2 10 2 2 0 20 0
38 17 15 11 7 2 3 3 2 0 21 0
50 18 16 12 8 2 4 2 2 0 33 0
56 16 15 11 7 2 5 1 1 0 39 0
52 20 19 8 4 2 12 1 0 0 32 0
47 14 14 5 1 2 9 0 0 0 33 0
193 189
672 560
108 157
386 322
736 613
287 305
96 67
1,058 483
0 0 0
246 0 0
0 0 0
88 0 0
32 0 0
31 0 0
0 0 0
0 0 0
7. Long-term external debt
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
81 16
59 15
63 17
61 15
54 13
41 12
42 11
39 9
553 72
346 39
205 27
226 48
184 33
31 10
22 3
52 8
Notes: Data on long-term private nonguaranteed debt for 2010 are revised based on reports provided by the country. Short-term debt data are World Bank staff estimates based on government statistics.
213
MONGOLIA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
531 472 472 0 47 12 0
896 833 833 0 50 13 2
1,327 1,267 1,267 0 35 25 0
1,440 1,363 1,361 3 31 46 0
1,682 1,581 1,576 5 26 75 0
1,833 1,705 1,657 48 20 108 0
2,143 1,889 1,821 68 182 72 0
2,444 2,016 1,795 221 198 230 0
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
4 451 22 250
17 832 1 102
21 1,267 0 72
25 1,361 3 55
26 1,576 5 170
26 1,657 48 304
10 1,821 68 179
11 1,795 221 78
External debt flows Disbursements Long-term external debt IMF purchases
101 101 0
83 75 8
91 91 0
92 92 0
167 167 0
121 121 0
411 246 166
270 246 23
Principal repayments Long-term external debt IMF repurchases
42 32 9
28 22 6
23 17 6
31 25 6
37 30 7
46 41 5
79 73 7
144 139 5
Net flows Long-term external debt Short-term external debt
67 68 8
45 53 -9
-73 74 -142
82 67 21
160 137 29
108 80 33
296 173 -36
284 107 158
Interest payments Long-term external debt IMF charges Short-term external debt
10 9 1 0
10 9 0 1
20 15 0 5
17 15 0 2
19 15 0 3
35 30 0 5
31 29 1 1
28 24 2 2
10 ..
54 ..
185 ..
344 ..
373 1
845 13
624 4
1,455 680
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 26.5 0.0 2.3 38.1
.. 25.0 0.0 0.7 35.8
7.6 21.4 0.0 0.6 44.5
8.4 19.6 0.0 0.6 45.2
9.1 17.6 0.0 0.6 46.7
8.5 21.3 0.0 0.6 43.7
8.4 20.3 0.0 0.5 43.7
8.2 22.6 0.0 0.6 39.9
2.2 35.3 10.1
1.2 31.9 9.3
1.1 31.5 7.9
1.0 32.5 8.5
0.9 33.9 11.1
1.0 39.3 9.8
0.7 31.0 9.7
0.8 39.1 10.1
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
8.6 3.0 3.0
0.0 0.0 0.0
8.0 3.0 3.0
0.0 0.0 0.0
1,425 511 .. 550 18 39 158
1,132 627 12 791 9 -70 202
2,472 1,494 180 1,635 41 84 333
3,353 2,048 181 2,042 145 222 720
4,137 2,586 178 2,627 126 172 1,002
5,450 3,045 225 3,956 109 -690 657
4,388 2,324 200 2,852 121 -342 1,327
5,522 3,423 277 4,497 465 -887 2,288
103.8 37.2 10.2 2.2 32.0 29.7 3.4
143.1 79.2 6.2 1.4 51.5 22.5 3.1
88.8 53.7 2.9 1.9 59.3 25.1 2.4
70.3 42.9 2.4 3.2 59.3 50.0 4.2
65.0 40.6 2.1 4.5 56.2 59.6 4.6
60.2 33.6 2.7 5.9 52.6 35.8 2.0
92.2 48.8 4.7 3.4 49.9 61.9 5.6
71.4 44.3 5.0 9.4 43.9 93.6 6.1
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
214
MONGOLIA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
472 472 404 170 0 59 234 68 0 15 0 0
833 833 831 462 0 137 369 3 0 1 0 0
1,267 1,267 1,266 787 0 277 479 0 0 0 0 0
1,363 1,361 1,348 854 0 301 494 13 0 0 3 0
1,581 1,576 1,487 944 0 331 543 89 75 0 5 0
1,705 1,657 1,571 964 0 338 606 86 75 0 48 0
1,889 1,821 1,737 1,069 0 392 668 84 75 0 68 0
2,016 1,795 1,788 1,073 0 403 716 7 0 0 221 0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
101 101 95 58 0 8 37 6 0 0 0 0
75 75 75 47 0 14 28 0 0 0 0 0
91 91 91 48 0 14 43 0 0 0 0 0
92 89 71 49 0 13 22 18 0 0 2 0
167 165 87 52 0 20 35 79 75 0 2 0
121 75 75 43 0 13 32 0 0 0 47 0
246 219 219 113 0 55 106 0 0 0 27 0
246 76 76 39 0 22 37 0 0 0 170 0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
32 32 13 0 0 0 13 19 0 5 0 0
22 22 19 0 0 0 19 3 0 0 0 0
17 17 17 6 0 2 11 0 0 0 0 0
25 25 20 8 0 2 12 5 0 0 0 0
30 30 28 11 0 3 17 3 0 0 0 0
41 40 37 15 0 4 22 3 0 0 1 0
73 64 62 17 0 4 44 2 0 0 8 0
139 121 44 19 0 4 25 77 75 0 18 0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
9 9 5 1 0 0 4 4 0 1 0 0
9 9 9 4 0 1 5 0 0 0 0 0
15 15 15 7 0 2 8 0 0 0 0 0
15 15 15 8 0 2 7 0 0 0 0 0
15 15 15 8 0 2 7 0 0 0 0 0
30 24 18 9 0 3 9 7 6 0 6 0
29 26 19 9 0 2 10 7 6 0 4 0
24 20 19 10 0 3 9 1 1 0 4 0
66 67
-18 45
-191 -73
114 82
241 160
151 108
310 296
301 284
0 0 0
0 0 0
0 0 0
3 17 0
0 0 0
0 0 0
0 0 0
0 0 0
7. Long-term external debt
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
63 24
68 25
68 25
71 25
75 24
76 25
75 24
89 23
27 6
40 5
41 4
27 3
50 2
47 1
1 0
0 0
Notes: Long-term private nonguaranteed debt data only cover European Bank for Reconstruction and Development.
215
MONTENEGRO (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
.. .. .. .. .. .. ..
.. .. .. .. .. .. ..
.. .. .. .. .. .. ..
841 841 829 12 0 .. ..
1,263 858 848 10 0 405 0
1,466 864 855 9 0 602 0
2,315 1,108 1,093 15 0 1,207 0
1,554 1,368 1,350 19 0 186 0
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
.. .. .. ..
.. .. .. ..
.. .. .. ..
0 829 12 64
0 848 10 193
0 855 9 43
0 1,093 15 395
0 1,350 19 271
External debt flows Disbursements Long-term external debt IMF purchases
.. .. ..
.. .. ..
.. .. ..
88 88 0
78 78 0
64 64 0
249 249 0
388 388 0
Principal repayments Long-term external debt IMF repurchases
.. .. ..
.. .. ..
.. .. ..
13 13 0
109 109 0
28 28 0
31 31 0
61 61 0
Net flows Long-term external debt Short-term external debt
.. .. ..
.. .. ..
.. .. ..
75 75 ..
-32 -32 ..
233 36 197
823 218 605
-695 326 -1,021
Interest payments Long-term external debt IMF charges Short-term external debt
.. .. .. ..
.. .. .. ..
.. .. .. ..
28 28 0 0
50 35 0 15
40 28 0 12
40 28 0 12
38 34 0 4
.. ..
.. ..
.. ..
.. ..
934 5
960 -6
1,527 -5
760 -8
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. .. .. .. ..
.. .. .. .. ..
.. .. .. .. ..
44.4 0.0 0.1 1.8 50.6
51.0 0.0 0.1 3.9 41.4
51.3 0.0 0.0 4.0 39.3
59.8 0.0 0.0 3.3 32.4
69.1 0.0 0.0 2.9 24.0
.. .. ..
.. .. ..
.. .. ..
1.2 14.7 3.8
2.4 15.7 5.3
2.3 9.2 3.2
1.7 14.4 2.4
1.1 9.8 4.3
.. .. ..
.. .. ..
.. .. ..
4.0 5.6 1.1
2.0 13.1 3.6
0.0 0.0 0.0
7.8 5.0 0.6
7.9 5.1 5.1
.. .. .. .. .. .. ..
.. .. .. .. .. .. ..
.. .. .. .. .. .. ..
2,735 .. .. .. .. .. 457
3,690 1,727 196 3,283 16 -1,475 689
4,587 2,007 298 4,433 43 -2,320 436
4,149 1,583 302 2,947 90 -1,245 573
3,976 1,681 301 2,864 100 -1,031 556
.. .. .. .. .. .. ..
.. .. .. .. .. .. ..
.. .. .. .. .. .. ..
.. 30.8 .. .. 64.6 54.4 ..
73.1 34.2 9.2 32.1 43.6 54.5 2.5
73.1 32.0 3.4 41.1 38.2 29.7 1.2
146.2 55.8 4.5 52.1 25.5 24.7 2.3
92.5 39.1 5.9 12.0 35.8 35.8 2.3
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
216
MONTENEGRO (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
.. .. .. .. .. .. .. .. .. .. .. ..
.. .. .. .. .. .. .. .. .. .. .. ..
.. .. .. .. .. .. .. .. .. .. .. ..
841 829 810 543 345 47 266 19 0 19 12 0
858 848 832 550 283 56 281 17 0 17 10 0
864 855 840 560 269 71 281 15 0 15 9 0
1,108 1,093 893 591 261 75 302 201 0 201 15 0
1,368 1,350 837 556 236 79 281 512 267 245 19 0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
.. .. .. .. .. .. .. .. .. .. .. ..
.. .. .. .. .. .. .. .. .. .. .. ..
.. .. .. .. .. .. .. .. .. .. .. ..
88 86 82 40 0 14 43 3 0 3 2 0
78 77 77 49 0 7 28 0 0 0 1 0
64 60 60 37 0 15 23 0 0 0 4 0
249 242 61 41 3 4 20 181 0 181 7 0
388 375 27 12 5 3 15 348 265 83 12 0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
.. .. .. .. .. .. .. .. .. .. .. ..
.. .. .. .. .. .. .. .. .. .. .. ..
.. .. .. .. .. .. .. .. .. .. .. ..
13 12 12 8 8 0 4 0 0 0 0 0
109 105 105 98 96 0 6 1 0 1 4 0
28 25 24 14 10 0 10 1 0 1 3 0
31 29 28 20 12 0 8 1 0 1 2 0
61 60 33 16 10 0 17 27 0 27 2 0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
.. .. .. .. .. .. .. .. .. .. .. ..
.. .. .. .. .. .. .. .. .. .. .. ..
.. .. .. .. .. .. .. .. .. .. .. ..
28 28 27 21 16 0 6 1 0 1 0 0
35 34 34 28 22 0 6 1 0 1 1 0
28 27 27 22 15 0 5 0 0 0 0 0
28 28 26 19 10 1 7 2 0 2 0 0
34 33 20 14 5 1 6 13 0 13 1 0
.. ..
.. ..
.. ..
453 75
422 -32
204 233
849 823
-760 -695
.. .. ..
.. .. ..
.. .. ..
39 0 0
0 205 0
0 0 0
0 0 0
0 0 0
7. Long-term external debt
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
55 16
64 16
73 15
81 15
84 14
82 12
80 11
84 10
54 36
57 32
57 28
48 24
284 22
5 1
4 0
4 0
Notes: Long-term private nonguaranteed debt data only cover European Bank for Reconstruction and Development. Montenegro became independent in 2006 and started to report data in 2007.
217
MOROCCO (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
23,771 23,521 23,190 331 52 198 92
20,674 19,101 17,239 1,862 0 1,573 122
16,174 15,492 12,441 3,051 0 682 0
17,815 16,083 13,496 2,588 0 1,732 0
20,543 18,624 15,650 2,975 0 1,919 0
20,825 19,194 16,538 2,656 0 1,631 0
23,751 21,572 19,218 2,354 0 2,179 0
25,403 23,603 21,015 2,589 0 1,800 0
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
138 22,944 577 2,583
535 17,077 2,023 535
3 12,381 3,111 2,277
4 13,425 2,659 2,842
2 15,565 3,059 3,888
1 16,446 2,748 1,421
0 19,134 2,438 3,309
0 20,933 2,670 6,667
External debt flows Disbursements Long-term external debt IMF purchases
2,309 2,309 0
1,638 1,638 0
2,456 2,456 0
2,426 2,426 0
3,976 3,976 0
4,554 4,554 0
4,551 4,551 0
4,970 4,970 0
Principal repayments Long-term external debt IMF repurchases
2,368 2,268 100
1,631 1,631 0
2,138 2,138 0
2,784 2,784 0
3,325 3,325 0
3,451 3,451 0
2,709 2,709 0
2,436 2,436 0
Net flows Long-term external debt Short-term external debt
-81 41 -22
-448 7 -455
832 318 514
692 -358 1,050
838 651 187
814 1,102 -288
2,390 1,842 548
2,155 2,534 -379
Interest payments Long-term external debt IMF charges Short-term external debt
1,391 1,360 7 24
1,075 948 0 127
590 569 0 22
616 540 0 76
694 590 0 104
752 709 0 43
702 678 0 24
875 850 0 26
92 20
221 18
1,620 64
2,366 -298
2,807 -64
2,466 148
1,970 -4
1,241 132
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 3.8 0.2 0.1 27.2
.. 3.3 0.1 0.1 37.6
43.4 5.1 0.0 0.1 23.8
47.2 5.0 0.0 0.1 19.6
54.6 4.7 0.0 0.0 12.6
53.0 6.1 0.0 0.0 11.9
54.5 5.9 0.0 0.0 10.4
55.4 6.8 0.0 0.0 10.3
4.4 19.8 5.4
3.4 25.1 6.4
3.1 19.5 5.5
3.7 23.0 6.5
3.9 19.6 5.7
4.3 19.8 5.0
2.7 20.2 5.0
2.2 20.5 5.7
7.1 9.7 1.5
5.6 7.7 1.0
3.6 11.7 1.2
4.0 14.7 3.0
5.2 10.3 8.4
5.3 10.3 0.8
4.1 12.2 0.4
3.5 19.0 10.3
31,668 9,296 1,970 12,812 100 -1,186 3,874
36,053 10,729 2,161 13,686 268 -475 5,017
58,760 19,477 4,590 23,811 594 1,041 16,551
64,703 22,465 5,451 27,383 674 1,411 20,791
74,246 28,272 6,730 36,098 730 -122 24,714
87,411 34,806 6,895 48,102 835 -4,528 22,720
89,489 27,306 6,270 39,728 1,753 -4,971 23,568
90,246 30,997 6,423 42,193 1,445 -3,925 23,609
255.7 75.1 40.4 0.8 29.1 16.3 3.6
192.7 57.3 25.2 7.6 29.5 24.3 4.4
83.0 27.5 14.0 4.2 36.3 102.3 8.3
79.3 27.5 15.1 9.7 37.2 116.7 9.1
72.7 27.7 14.2 9.3 38.4 120.3 8.2
59.8 23.8 12.1 7.8 41.2 109.1 5.7
87.0 26.5 12.5 9.2 42.2 99.2 7.1
82.0 28.1 10.7 7.1 40.0 92.9 6.7
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
218
MOROCCO (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
23,521 23,190 16,875 6,913 3,966 33 9,962 6,315 0 4,234 331 0
19,101 17,239 12,754 6,091 2,837 27 6,663 4,485 152 3,300 1,862 0
15,492 12,441 10,118 5,874 2,258 20 4,244 2,323 472 1,466 3,051 0
16,083 13,496 11,196 6,635 2,267 18 4,562 2,300 527 1,470 2,588 0
18,624 15,650 13,084 7,894 2,578 17 5,190 2,566 589 1,745 2,975 0
19,194 16,538 14,543 8,576 2,540 16 5,967 1,994 0 1,749 2,656 0
21,572 19,218 16,713 10,020 2,543 14 6,694 2,504 0 2,259 2,354 0
23,603 21,015 17,234 10,149 2,468 13 7,085 3,780 1,336 2,251 2,589 0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
2,309 2,206 1,521 1,008 426 0 513 686 0 224 103 0
1,638 980 631 466 138 0 166 349 0 143 658 0
2,456 1,658 1,562 1,134 262 0 427 97 0 74 798 0
2,426 1,850 1,531 1,030 176 0 501 320 0 313 575 0
3,976 2,714 1,810 1,125 418 0 685 904 0 903 1,262 0
4,554 3,093 2,800 1,533 242 0 1,267 292 0 222 1,461 0
4,551 3,468 2,868 1,828 241 0 1,040 600 0 567 1,083 0
4,970 3,854 2,229 1,246 271 0 983 1,625 1,327 297 1,116 0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
2,268 2,238 1,638 625 348 1 1,012 600 0 112 30 0
1,631 1,592 926 550 307 1 376 666 30 350 39 0
2,138 1,881 1,303 689 309 1 613 578 41 372 258 0
2,784 1,558 1,063 591 330 1 472 495 0 372 1,226 0
3,325 1,861 990 525 294 1 464 872 0 777 1,464 0
3,451 1,795 1,043 592 262 1 450 753 589 119 1,656 0
2,709 1,138 966 532 238 1 434 172 0 131 1,572 0
2,436 1,282 1,099 620 202 1 479 184 0 148 1,154 0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
1,360 1,358 923 466 282 0 457 436 0 259 2 0
948 877 548 363 190 0 185 329 14 228 71 0
569 501 388 230 87 0 157 113 25 65 68 0
540 472 360 235 88 0 126 112 25 70 67 0
590 555 443 300 104 0 143 112 27 72 34 0
709 655 535 364 125 0 171 120 29 80 54 0
678 612 523 340 93 0 183 89 0 80 66 0
850 819 731 295 52 0 436 88 0 78 31 0
798 -81
-2,262 -448
-709 832
1,641 692
2,728 838
281 814
2,926 2,390
1,652 2,155
0 0 0
0 117 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
1,564 514
1,716 523
1,615 513
1,610 494
1,576 465
1,589 431
1,619 392
1,592 351
431 228
463 237
541 232
525 220
531 205
540 190
1,208 157
527 124
219
MOZAMBIQUE (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
7,409 6,930 5,161 1,769 202 277 248
7,205 6,410 4,693 1,717 219 576 411
4,153 3,383 3,383 0 157 613 525
2,649 2,061 2,061 0 10 578 496
2,908 2,376 2,376 0 15 516 387
3,392 2,797 2,797 0 15 581 450
4,046 3,241 3,241 0 171 634 467
4,124 2,960 2,960 0 190 975 878
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
1,039 5,161 1,769 150
714 4,693 1,717 237
464 3,383 0 170
471 2,061 0 331
418 2,376 0 410
430 2,797 0 649
441 3,241 0 474
226 2,960 0 718
External debt flows Disbursements Long-term external debt IMF purchases
267 267 0
190 131 60
334 329 5
351 346 5
343 338 5
414 414 0
605 452 153
378 356 22
Principal repayments Long-term external debt IMF repurchases
85 71 14
64 64 0
55 39 15
16 16 0
10 10 0
14 14 0
15 15 0
40 40 0
Net flows Long-term external debt Short-term external debt
193 196 11
62 67 -64
315 290 36
329 330 -6
380 328 47
402 400 2
626 437 36
268 316 -70
Interest payments Long-term external debt IMF charges Short-term external debt
77 75 1 1
32 20 1 11
24 22 0 2
22 19 0 2
19 14 0 4
23 19 0 4
29 23 0 5
50 47 0 3
45 0
139 0
108 0
154 0
427 0
592 0
881 0
789 0
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 1.8 2.1 0.0 60.0
.. 1.8 2.1 0.0 68.7
3.4 1.2 0.0 0.0 68.7
6.0 2.0 0.0 0.0 62.6
6.5 2.0 0.0 0.0 58.3
6.7 2.1 0.0 0.0 57.4
6.8 1.0 0.0 0.0 54.9
9.5 0.9 0.0 0.0 44.2
0.9 36.8 9.3
0.8 46.6 12.9
0.7 38.1 10.1
0.7 42.2 9.6
0.8 37.5 9.7
1.1 36.4 13.1
1.3 33.5 8.2
0.7 41.9 10.2
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
4.9 11.2 1.7
5.7 11.5 2.0
0.0 0.0 0.0
0.0 12.8 2.8
1.2 32.3 13.3
2,069 470 59 1,254 .. -445 195
4,017 769 37 1,763 0 -764 742
6,219 2,186 57 3,350 284 -761 1,103
6,472 2,927 80 4,201 471 -773 1,216
7,445 3,064 99 4,452 554 -785 1,524
9,263 3,375 116 5,407 544 -1,179 1,661
9,696 2,629 111 4,564 84 -1,171 2,181
9,421 3,052 132 4,624 70 -913 2,265
1,575.0 358.2 34.5 3.7 17.2 2.6 1.9
937.3 179.3 12.5 8.0 15.4 10.3 5.1
190.0 66.8 3.6 14.8 56.4 26.6 4.0
90.5 40.9 1.3 21.8 38.3 45.9 3.5
94.9 39.1 0.9 17.7 46.4 52.4 4.1
100.5 36.6 1.1 17.1 49.9 48.9 3.7
153.9 41.7 1.6 15.7 49.3 53.9 5.7
135.1 43.8 2.9 23.6 53.5 54.9 5.9
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
220
MOZAMBIQUE (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
6,930 5,161 5,115 1,277 0 890 3,838 46 0 7 1,769 0
6,410 4,693 4,682 1,106 0 760 3,576 11 0 0 1,717 0
3,383 3,383 3,381 2,341 0 1,575 1,040 2 0 0 0 0
2,061 2,061 2,060 1,014 0 655 1,045 2 0 0 0 0
2,376 2,376 2,368 1,349 0 902 1,018 9 0 0 0 0
2,797 2,797 2,790 1,693 0 1,149 1,097 7 0 0 0 0
3,241 3,241 3,213 1,996 0 1,356 1,217 28 0 0 0 0
2,960 2,960 2,862 2,205 0 1,491 657 98 0 51 0 0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
267 231 231 219 0 160 11 0 0 0 36 0
131 131 131 128 0 97 3 0 0 0 0 0
329 329 329 327 0 227 3 0 0 0 0 0
346 346 346 341 0 223 5 0 0 0 0 0
338 338 332 319 0 212 13 6 0 0 0 0
414 414 412 358 0 255 55 2 0 0 0 0
452 452 429 295 0 199 134 23 0 0 0 0
356 356 277 252 0 163 26 79 0 51 0 0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
71 67 58 13 0 0 45 9 0 0 3 0
64 34 33 18 0 2 15 1 0 1 30 0
39 18 18 12 0 5 7 0 0 0 21 0
16 16 16 11 0 3 5 0 0 0 0 0
10 10 10 5 0 0 4 0 0 0 0 0
14 14 11 7 0 0 4 3 0 0 0 0
15 15 12 8 0 2 4 3 0 0 0 0
40 40 32 14 0 5 18 8 0 0 0 0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
75 74 71 12 0 6 59 3 0 0 1 0
20 20 20 9 0 4 11 0 0 0 0 0
22 22 22 18 0 12 4 0 0 0 0 0
19 19 19 15 0 9 4 0 0 0 0 0
14 14 14 10 0 6 4 0 0 0 0 0
19 19 19 15 0 8 4 0 0 0 0 0
23 23 23 19 0 9 4 0 0 0 0 0
47 47 47 22 0 10 24 0 0 0 0 0
187 193
34 62
-318 315
-1,504 329
259 380
485 402
653 626
78 268
66 323 0
0 113 0
0 29 0
0 1,892 0
14 139 0
0 3 0
0 0 0
0 656 0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
47 29
46 30
50 31
70 32
69 32
75 31
89 30
96 29
6 3
7 4
7 5
7 4
7 4
7 4
6 4
5 3
Notes: Mozambique was granted debt relief effective in 2006 under MDRI.
221
MYANMAR (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
5,771 5,378 5,378 0 0 393 352
5,975 5,287 5,287 0 0 688 490
7,014 5,515 5,515 0 0 1,498 759
7,264 5,609 5,609 0 0 1,656 806
8,241 6,221 6,221 0 0 2,021 958
8,002 6,121 6,121 0 0 1,881 950
8,186 6,320 6,320 0 0 1,866 1,009
6,352 4,395 4,395 0 0 1,956 1,116
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
1,359 5,271 107 118
1,784 5,193 94 0
2,914 5,414 101 0
3,128 5,508 101 0
3,757 6,102 118 0
3,840 6,000 121 0
4,147 6,193 127 0
4,562 4,367 28 0
External debt flows Disbursements Long-term external debt IMF purchases
86 86 0
14 14 0
1 1 0
0 0 0
1 1 0
1 1 0
0 0 0
1 1 0
Principal repayments Long-term external debt IMF repurchases
180 180 0
22 22 0
25 25 0
9 9 0
11 11 0
10 10 0
9 9 0
651 651 0
Net flows Long-term external debt Short-term external debt
-74 -95 20
33 -7 41
-36 -24 -12
102 -9 111
203 -10 213
-142 -10 -132
-83 -9 -74
-668 -651 -17
Interest payments Long-term external debt IMF charges Short-term external debt
70 68 0 2
14 2 0 12
46 1 0 44
55 1 0 54
42 2 0 40
23 2 0 21
20 2 0 18
36 20 0 16
280 ..
258 ..
237 ..
279 ..
258 ..
283 ..
323 ..
756 ..
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 52.3 1.3 0.0 22.6
.. 44.9 1.2 0.0 35.4
11.0 45.4 1.4 0.0 33.5
11.9 44.5 1.5 0.0 33.3
12.6 47.2 1.4 0.0 30.3
10.6 48.9 1.0 0.0 30.6
10.3 49.8 1.1 0.0 29.9
13.1 41.6 1.6 0.0 31.3
2.8 33.0 24.4
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.8 6.4 1.8
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
.. 1,323 81 2,146 .. -261 651
.. 2,175 104 2,662 137 -212 286
.. 4,102 131 3,689 1,402 588 889
.. 4,932 116 4,252 1,317 802 1,383
.. .. 116 .. .. .. ..
.. .. 116 .. .. .. ..
.. .. 116 .. .. .. ..
.. .. 133 .. .. .. ..
436.3 .. 18.9 6.8 23.1 11.3 3.6
274.7 .. 1.7 11.5 19.2 4.8 1.3
171.0 .. 1.7 21.4 17.5 12.7 2.9
147.3 .. 1.3 22.8 17.2 19.0 3.9
.. .. .. 24.5 15.7 .. ..
.. .. .. 23.5 16.4 .. ..
.. .. .. 22.8 16.4 .. ..
.. .. .. 30.8 22.3 .. ..
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
222
MYANMAR (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
5,378 5,378 5,011 1,331 0 777 3,680 367 0 0 0 0
5,287 5,287 4,262 1,148 0 684 3,114 1,026 0 546 0 0
5,515 5,515 4,568 1,228 0 752 3,340 947 0 546 0 0
5,609 5,609 4,646 1,253 0 776 3,393 963 0 546 0 0
6,221 6,221 5,218 1,290 0 793 3,928 1,002 0 546 0 0
6,121 6,121 5,155 1,311 0 770 3,845 966 0 546 0 0
6,320 6,320 5,345 1,341 0 777 4,004 976 0 546 0 0
4,395 4,395 3,989 1,415 0 799 2,574 406 0 0 0 0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
86 86 17 0 0 0 16 69 0 0 0 0
14 14 12 1 0 0 11 3 0 0 0 0
1 1 1 0 0 0 1 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0
1 1 1 0 0 0 1 0 0 0 0 0
1 1 1 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0
1 1 1 0 0 0 1 0 0 0 0 0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
180 180 147 25 0 9 122 34 0 0 0 0
22 22 2 2 0 0 0 20 0 0 0 0
25 25 8 2 0 0 6 17 0 0 0 0
9 9 8 2 0 0 6 1 0 0 0 0
11 11 11 2 0 0 9 1 0 0 0 0
10 10 10 1 0 0 9 0 0 0 0 0
9 9 9 1 0 0 8 0 0 0 0 0
651 651 105 1 0 0 104 546 0 546 0 0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
68 68 66 13 0 6 53 2 0 0 0 0
2 2 0 0 0 0 0 2 0 0 0 0
1 1 1 0 0 0 1 0 0 0 0 0
1 1 1 0 0 0 1 0 0 0 0 0
2 2 2 0 0 0 2 0 0 0 0 0
2 2 2 0 0 0 2 0 0 0 0 0
2 2 2 0 0 0 2 0 0 0 0 0
20 20 10 0 0 0 10 10 0 10 0 0
-785 -74
-29 33
-469 -36
250 102
977 203
-240 -142
184 -83
-1,834 -668
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
186 20
175 17
159 15
138 13
123 11
82 9
110 8
100 8
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
Notes: Fiscal year-end for external debt data is March. Data on long-term public and publicly guaranteed debt are World Bank staff estimates based on the original terms of the loans.
223
NEPAL (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
2,410 2,339 2,339 0 48 23 2
2,867 2,826 2,826 0 12 29 0
3,180 3,112 3,112 0 20 47 0
3,392 3,268 3,268 0 43 81 0
3,602 3,468 3,468 0 79 55 0
3,685 3,551 3,551 0 77 57 0
3,683 3,563 3,563 0 76 44 0
3,702 3,527 3,527 0 114 61 0
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
8 2,338 0 89
0 2,826 0 86
0 3,112 0 195
0 3,268 0 166
0 3,468 0 131
0 3,551 0 84
0 3,563 0 183
0 3,527 0 432
External debt flows Disbursements Long-term external debt IMF purchases
164 164 0
154 154 0
192 192 0
184 163 21
175 141 33
103 103 0
127 127 0
177 134 44
Principal repayments Long-term external debt IMF repurchases
53 45 8
71 67 4
85 85 0
105 105 0
113 113 0
127 127 0
143 140 2
154 149 4
Net flows Long-term external debt Short-term external debt
71 119 -40
69 87 -14
118 107 11
113 58 34
36 29 -26
-21 -23 2
-29 -14 -13
41 -16 17
Interest payments Long-term external debt IMF charges Short-term external debt
32 29 0 2
31 28 0 3
32 30 0 2
34 30 0 4
35 30 0 4
35 34 0 1
34 32 0 1
33 33 0 1
.. 0
0 0
2 ..
-7 ..
6 ..
1 ..
38 ..
88 ..
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 11.3 0.1 0.0 44.0
.. 9.2 0.1 0.0 38.6
2.1 8.9 0.1 0.0 43.6
2.1 7.7 0.1 0.0 44.2
2.1 7.1 0.1 0.0 43.5
1.7 8.0 0.0 0.0 42.5
1.6 7.1 0.0 0.0 42.3
1.4 7.3 0.0 0.0 41.9
3.5 29.8 7.9
1.4 31.4 8.1
1.1 34.6 8.7
1.3 24.6 8.1
1.9 25.2 6.3
0.6 30.7 9.8
0.8 37.1 9.8
1.2 31.4 8.2
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
3.0 27.0 8.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
4,407 1,072 57 1,659 0 -356 646
5,514 1,354 111 1,825 0 -131 987
8,153 1,423 1,212 2,803 57 153 1,565
9,144 1,393 1,453 3,030 56 150 ..
10,383 1,661 1,734 3,743 54 6 ..
12,695 1,946 2,727 4,456 44 733 ..
13,050 1,753 2,986 5,160 9 18 ..
15,823 1,784 3,468 6,004 50 -128 ..
224.7 54.7 7.9 0.9 81.0 26.8 4.7
211.7 52.0 7.5 1.0 85.7 34.4 6.5
223.4 39.0 8.2 1.5 86.1 49.2 6.7
243.6 37.1 9.9 2.4 86.0 .. ..
216.9 34.7 8.9 1.5 86.8 .. ..
189.4 29.0 8.3 1.5 86.5 .. ..
210.1 28.2 10.1 1.2 87.2 .. ..
207.6 23.4 10.5 1.6 85.1 .. ..
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
224
NEPAL (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
2,339 2,339 2,282 1,952 0 1,023 329 57 0 0 0 0
2,826 2,826 2,821 2,457 0 1,132 364 5 0 0 0 0
3,112 3,112 3,108 2,737 0 1,396 370 5 0 0 0 0
3,268 3,268 3,264 2,918 0 1,468 346 5 0 0 0 0
3,468 3,468 3,464 3,126 0 1,524 338 5 0 0 0 0
3,551 3,551 3,547 3,187 0 1,507 360 4 0 0 0 0
3,563 3,563 3,559 3,211 0 1,483 349 4 0 0 0 0
3,527 3,527 3,524 3,150 0 1,426 374 3 0 0 0 0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
164 164 164 151 0 82 13 0 0 0 0 0
154 154 154 142 0 49 11 0 0 0 0 0
192 192 192 86 0 33 106 0 0 0 0 0
163 163 163 157 0 43 6 0 0 0 0 0
141 141 141 135 0 35 6 0 0 0 0 0
103 103 103 102 0 31 2 0 0 0 0 0
127 127 127 104 0 7 23 0 0 0 0 0
134 134 134 103 0 11 31 0 0 0 0 0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
45 45 40 24 0 7 16 5 0 0 0 0
67 67 59 37 0 16 22 7 0 0 0 0
85 85 85 61 0 30 24 1 0 0 0 0
105 105 104 68 0 31 36 0 0 0 0 0
113 113 112 81 0 34 32 1 0 0 0 0
127 127 126 93 0 39 33 1 0 0 0 0
140 140 140 106 0 41 34 1 0 0 0 0
149 149 149 114 0 43 35 0 0 0 0 0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
29 29 24 17 0 7 8 5 0 0 0 0
28 28 27 22 0 8 5 1 0 0 0 0
30 30 30 26 0 12 4 0 0 0 0 0
30 30 30 25 0 11 5 0 0 0 0 0
30 30 30 26 0 11 4 0 0 0 0 0
34 34 34 29 0 12 4 0 0 0 0 0
32 32 32 28 0 11 4 0 0 0 0 0
33 33 32 28 0 11 4 0 0 0 0 0
89 71
-152 69
-177 118
213 113
210 36
83 -21
-2 -29
19 41
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
159 44
163 44
169 44
173 43
180 42
181 40
185 40
188 38
1 0
1 0
1 0
1 0
1 0
0 0
0 0
0 0
225
NICARAGUA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
10,396 8,572 8,572 0 39 1,785 1,475
6,742 5,661 5,380 281 169 912 791
4,931 4,190 3,899 292 201 540 364
4,114 3,434 3,201 232 63 617 438
3,701 2,813 2,151 662 85 803 467
4,232 3,402 2,234 1,168 111 719 472
4,672 3,806 2,488 1,318 150 716 484
4,786 3,922 2,668 1,255 167 697 495
3,230 8,572 0 361
900 5,416 246 185
550 3,817 374 160
558 3,188 245 566
482 2,137 676 81
465 2,222 1,180 283
458 2,475 1,331 252
456 2,655 1,267 335
External debt flows Disbursements Long-term external debt IMF purchases
277 277 0
537 511 27
287 287 0
312 250 61
940 922 18
975 946 29
803 766 37
583 563 20
Principal repayments Long-term external debt IMF repurchases
203 190 13
189 183 5
118 110 9
107 107 0
329 329 0
308 308 0
386 386 0
415 415 0
Net flows Long-term external debt Short-term external debt
88 87 13
351 327 3
211 177 43
208 143 3
768 593 157
577 637 -89
401 380 -15
138 149 -30
Interest payments Long-term external debt IMF charges Short-term external debt
85 76 1 8
98 91 1 7
53 45 0 8
58 50 0 8
77 64 0 13
107 97 0 9
131 122 1 8
106 99 0 7
89 0
267 0
241 ..
287 ..
382 ..
626 ..
434 ..
508 ..
1. Summary external debt data External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 1.3 0.0 0.0 72.9
.. 2.3 0.0 0.0 71.1
0.5 0.0 0.0 0.1 81.1
1.3 0.0 0.0 0.1 76.4
3.8 0.0 0.0 0.0 84.7
4.1 0.0 0.0 0.0 84.6
4.7 0.0 0.0 0.0 84.4
5.1 0.0 0.0 0.0 84.7
2.3 32.2 8.4
1.6 36.9 9.6
1.3 33.2 9.1
3.0 27.4 7.8
1.8 26.0 6.9
2.7 32.2 11.4
4.1 33.6 6.4
2.0 28.6 5.9
7.4 9.0 1.0
0.7 39.9 10.5
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
2,821 669 75 1,529 29 -722 142
3,735 1,133 320 2,385 69 -842 492
4,723 1,985 616 3,626 82 -784 728
5,103 2,319 698 4,161 85 -838 922
5,565 2,608 740 4,906 93 -1,224 1,103
6,152 3,013 818 5,724 113 -1,570 1,141
5,960 2,891 768 4,838 121 -828 1,573
6,223 3,637 823 5,773 135 -963 1,799
1,554.6 368.6 43.1 17.2 14.1 1.4 1.1
595.3 180.5 25.3 13.5 31.6 7.3 2.5
248.4 104.4 8.6 11.0 56.7 14.8 2.4
177.4 80.6 7.1 15.0 50.4 22.4 2.7
141.9 66.5 15.6 21.7 30.0 29.8 2.7
140.4 68.8 13.8 17.0 28.6 27.0 2.4
161.6 78.4 17.9 15.3 30.8 33.7 3.9
131.6 76.9 14.3 14.6 34.2 37.6 3.7
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
226
NICARAGUA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
8,572 8,572 7,562 1,464 65 276 6,098 1,010 524 383 0 0
5,661 5,380 5,164 2,127 5 654 3,037 216 0 188 281 0
4,190 3,899 3,826 2,797 0 1,136 1,029 72 0 55 292 0
3,434 3,201 3,129 2,074 0 256 1,054 73 0 55 232 0
2,813 2,151 2,146 1,111 0 321 1,035 5 0 0 662 0
3,402 2,234 2,231 1,208 0 347 1,022 4 0 0 1,168 0
3,806 2,488 2,484 1,439 0 418 1,045 4 0 0 1,318 0
3,922 2,668 2,664 1,637 0 447 1,028 3 0 0 1,255 0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
277 277 258 177 0 18 80 20 0 20 0 0
511 226 220 172 0 87 48 6 0 5 285 0
287 226 226 215 0 63 11 0 0 0 61 0
250 250 250 220 0 61 30 0 0 0 0 0
922 368 368 329 0 53 39 0 0 0 554 0
946 183 183 128 0 28 55 0 0 0 763 0
766 291 291 246 0 67 45 0 0 0 475 0
563 267 267 235 0 37 32 0 0 0 297 0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
190 190 89 47 15 1 42 101 0 96 0 0
183 70 61 36 5 2 26 8 0 5 114 0
110 63 63 21 0 0 41 0 0 0 47 0
107 48 48 27 0 0 21 0 0 0 59 0
329 214 197 169 0 0 28 17 0 17 115 0
308 51 51 21 0 0 30 0 0 0 257 0
386 61 61 25 0 0 36 0 0 0 325 0
415 55 55 20 0 0 35 0 0 0 360 0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
76 76 72 33 6 2 39 3 0 3 0 0
91 78 76 64 1 5 12 3 0 2 12 0
45 44 44 27 0 7 17 0 0 0 2 0
50 48 48 32 0 4 16 0 0 0 2 0
64 45 45 27 0 2 18 0 0 0 19 0
97 39 39 23 0 3 15 0 0 0 59 0
122 37 37 24 0 3 13 0 0 0 85 0
99 33 33 24 0 3 9 0 0 0 66 0
-1,606 88
-45 351
-85 211
-817 208
-413 768
531 577
440 401
115 138
263 2,273 89
149 35 0
1 167 0
2 1,230 0
0 1,276 17
0 56 0
22 16 0
0 10 0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
87 44
90 45
92 46
94 46
103 45
111 43
119 40
122 38
336 55
238 40
212 28
126 20
101 14
75 10
63 6
50 3
Notes: Nicaragua was granted debt relief effective in 2006 under MDRI.
227
NIGER (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
1,604 1,480 1,347 133 52 72 53
1,708 1,563 1,495 68 74 72 60
2,017 1,849 1,817 33 128 41 38
829 755 729 26 27 47 38
1,148 847 827 20 40 261 38
1,002 858 845 13 51 93 19
1,103 915 909 7 57 131 17
1,127 972 972 0 61 94 26
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
74 1,347 133 8
97 1,495 68 64
52 1,817 33 131
46 729 26 188
49 827 20 54
66 845 13 135
55 909 7 191
111 972 0 187
External debt flows Disbursements Long-term external debt IMF purchases
28 28 0
87 76 11
152 135 17
126 117 9
92 80 12
109 98 12
108 103 5
95 90 5
Principal repayments Long-term external debt IMF repurchases
41 31 10
16 14 2
27 22 5
160 46 114
17 17 0
18 18 0
36 36 0
18 18 0
Net flows Long-term external debt Short-term external debt
-9 -3 4
52 62 -20
122 113 -3
-28 71 6
289 63 214
-58 79 -149
112 67 40
31 72 -46
Interest payments Long-term external debt IMF charges Short-term external debt
15 13 1 1
10 8 0 2
13 13 0 0
11 10 0 0
15 9 0 6
11 7 0 4
10 8 0 1
9 8 0 1
7 ..
8 0
44 1
51 0
129 0
340 1
739 ..
947 ..
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 4.4 1.0 0.3 36.8
.. 1.7 1.2 0.0 46.7
11.1 0.0 0.0 0.0 57.6
1.2 0.0 0.0 0.0 47.5
0.5 0.0 0.0 0.0 47.2
0.5 0.0 0.0 0.0 47.0
0.8 0.0 0.0 0.0 46.1
1.1 0.0 0.0 0.0 47.3
0.6 33.5 8.4
0.7 36.5 9.4
0.9 34.9 8.8
0.8 36.7 9.5
1.6 28.4 7.9
1.4 34.0 9.1
1.2 32.5 9.5
1.5 33.0 9.5
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
1,830 327 8 510 4 -152 95
1,782 334 14 485 2 -104 81
3,397 602 66 1,095 21 -312 251
3,645 641 78 1,118 13 -314 371
4,290 807 79 1,344 28 -351 593
5,351 1,124 94 2,006 23 -651 705
5,204 .. 94 .. .. .. 656
5,493 .. 88 .. .. .. 760
490.3 87.6 17.1 4.5 55.0 5.9 2.2
512.0 95.9 7.8 4.2 60.3 4.8 2.0
335.0 59.4 6.7 2.0 78.9 12.4 2.7
129.4 22.7 26.6 5.7 62.5 44.8 4.0
142.2 26.8 4.0 22.8 53.4 51.7 5.3
89.1 18.7 2.6 9.3 62.4 70.4 4.2
.. 21.2 .. 11.8 61.1 59.4 ..
.. 20.5 .. 8.4 63.9 67.5 ..
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
228
NIGER (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
1,480 1,347 1,347 882 0 598 465 0 0 0 133 0
1,563 1,495 1,495 1,030 0 723 465 0 0 0 68 0
1,849 1,817 1,817 1,592 0 1,080 225 0 0 0 33 0
755 729 729 518 0 189 211 0 0 0 26 0
847 827 827 613 0 235 214 0 0 0 20 0
858 845 845 625 0 248 220 0 0 0 13 0
915 909 909 674 0 266 235 0 0 0 7 0
972 972 972 720 0 275 251 0 0 0 0 0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
28 28 28 28 0 24 0 0 0 0 0 0
76 76 76 76 0 68 0 0 0 0 0 0
135 135 135 133 0 65 2 0 0 0 0 0
117 117 117 111 0 55 6 0 0 0 0 0
80 80 80 80 0 37 0 0 0 0 0 0
98 98 98 79 0 15 18 0 0 0 0 0
103 103 103 88 0 16 15 0 0 0 0 0
90 90 90 75 0 14 15 0 0 0 0 0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
31 7 7 7 0 3 0 0 0 0 24 0
14 12 12 10 0 8 2 0 0 0 2 0
22 15 15 13 0 1 2 0 0 0 7 0
46 39 39 26 0 1 13 0 0 0 7 0
17 10 10 10 0 0 0 0 0 0 7 0
18 12 12 11 0 0 1 0 0 0 7 0
36 29 29 27 0 0 2 0 0 0 7 0
18 11 11 11 0 0 0 0 0 0 7 0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
13 7 7 7 0 5 0 0 0 0 6 0
8 8 8 7 0 6 1 0 0 0 0 0
13 11 11 11 0 6 0 0 0 0 2 0
10 8 8 8 0 4 1 0 0 0 2 0
9 8 8 7 0 2 1 0 0 0 2 0
7 6 6 5 0 1 1 0 0 0 1 0
8 8 8 7 0 2 1 0 0 0 0 0
8 8 8 7 0 2 1 0 0 0 0 0
62 -9
5 52
2 122
-1,189 -28
319 289
-146 -58
101 112
24 31
5 4 0
28 0 0
0 28 0
0 1,206 0
0 1 0
0 42 0
6 0 0
0 0 0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
44 10
50 11
30 12
31 13
37 13
41 13
43 13
42 13
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
Notes: Niger was granted debt relief effective in 2006 under MDRI.
229
NIGERIA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
34,092 28,441 28,140 301 0 5,651 4,717
31,355 30,235 30,020 215 0 1,120 44
22,060 20,224 20,224 0 0 1,836 3
7,693 3,803 3,803 0 0 3,890 0
8,531 3,587 3,587 0 0 4,944 0
11,334 3,878 3,878 0 0 7,456 0
7,713 4,199 4,199 0 0 3,514 0
7,883 4,686 4,686 0 0 3,197 0
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
8,102 28,077 365 0
117 29,964 271 86
3 20,195 29 706
0 3,779 24 507
0 3,568 19 777
0 3,864 14 986
0 4,192 7 985
0 4,686 0 1,595
External debt flows Disbursements Long-term external debt IMF purchases
433 433 0
153 153 0
379 379 0
777 777 0
532 532 0
409 409 0
519 519 0
1,051 1,051 0
Principal repayments Long-term external debt IMF repurchases
918 918 0
1,091 1,091 0
3,862 3,862 0
6,441 6,441 0
914 914 0
338 338 0
339 339 0
246 246 0
Net flows Long-term external debt Short-term external debt
-559 -486 -73
-696 -937 241
-3,001 -3,483 482
-3,607 -5,664 2,057
672 -382 1,054
2,583 71 2,512
-3,762 180 -3,942
488 805 -317
Interest payments Long-term external debt IMF charges Short-term external debt
915 859 0 56
754 690 0 64
5,000 4,937 0 64
373 259 0 114
329 86 0 243
236 87 0 149
153 84 0 69
103 59 0 44
1,079 ..
1,140 ..
4,983 751
4,854 1,769
6,035 1,447
8,197 -954
8,555 487
6,049 2,161
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 12.6 9.9 0.6 29.6
.. 2.3 1.5 0.0 85.1
36.2 9.9 17.2 1.9 27.3
4.0 0.0 0.3 0.0 59.8
3.1 0.0 0.2 0.0 59.0
2.9 0.0 0.2 0.0 61.9
4.8 0.0 0.1 0.0 59.1
3.9 0.0 0.1 0.0 61.7
0.0 0.0 0.0
1.0 32.9 9.7
0.7 37.6 10.3
1.6 28.2 7.1
0.8 40.7 10.1
0.8 40.2 9.8
0.8 39.5 10.0
1.7 28.1 8.2
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
6.0 10.4 3.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
25,888 12,443 804 15,820 1,330 -2,578 1,709
40,256 21,183 1,392 15,383 2,279 7,427 10,099
98,881 57,149 3,329 35,773 2,603 36,529 28,632
141,275 61,109 5,435 42,389 5,768 36,518 42,735
154,068 70,046 9,221 60,948 13,056 27,643 51,907
194,690 90,345 9,980 81,632 17,000 28,079 53,599
158,437 59,274 9,585 64,815 15,042 13,153 45,510
176,769 77,756 10,045 95,373 19,121 2,476 35,885
274.0 131.7 14.7 16.6 14.5 5.0 1.3
148.0 77.9 8.7 3.6 10.5 32.2 7.9
38.6 22.3 15.5 8.3 11.5 129.8 9.6
12.6 5.4 11.2 50.6 34.9 555.5 12.1
12.2 5.5 1.8 58.0 34.0 608.5 10.2
12.5 5.8 0.6 65.8 26.5 472.9 7.9
13.0 4.9 0.8 45.6 45.4 590.0 8.4
10.1 4.5 0.4 40.6 54.6 455.2 4.5
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
230
NIGERIA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
28,441 28,140 20,492 4,944 3,221 268 15,548 7,648 2,051 0 301 0
30,235 30,020 26,574 3,302 1,625 644 23,272 3,446 2,051 0 215 0
20,224 20,224 18,015 2,536 722 1,136 15,479 2,209 1,442 37 0 0
3,803 3,803 2,962 2,687 534 1,541 275 841 0 59 0 0
3,587 3,587 3,260 2,904 381 1,929 356 326 0 78 0 0
3,878 3,878 3,549 3,000 211 2,243 549 328 0 101 0 0
4,199 4,199 3,991 3,499 113 2,739 492 208 0 83 0 0
4,686 4,686 4,593 4,304 43 3,662 289 92 0 0 0 0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
433 433 433 433 189 86 0 0 0 0 0 0
153 153 153 153 31 55 0 0 0 0 0 0
379 379 345 286 0 265 59 34 0 26 0 0
777 777 502 377 0 362 125 274 0 33 0 0
532 532 468 386 0 335 82 64 0 18 0 0
409 409 385 383 0 353 2 24 0 24 0 0
519 519 519 519 0 497 0 0 0 0 0 0
1,051 1,051 1,051 1,031 0 1,000 20 0 0 0 0 0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
918 908 470 470 392 1 0 438 0 0 10 0
1,091 1,056 914 404 273 4 510 142 0 0 35 0
3,862 3,862 3,684 367 224 19 3,317 179 0 3 0 0
6,441 6,441 4,801 339 211 19 4,461 1,640 1,442 1 0 0
914 914 319 306 176 20 12 596 0 0 0 0
338 338 317 293 189 20 24 21 0 0 0 0
339 339 284 211 96 21 72 55 0 18 0 0
246 246 213 164 71 24 49 33 0 0 0 0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
859 840 323 323 266 2 0 516 128 0 19 0
690 673 516 190 103 5 326 157 128 0 18 0
4,937 4,937 4,717 97 39 12 4,620 220 170 3 0 0
259 259 91 86 33 14 5 168 143 0 0 0
86 86 80 74 25 15 7 6 0 0 0 0
87 87 83 62 17 17 21 4 0 0 0 0
84 84 71 47 8 17 24 14 0 6 0 0
59 59 53 41 2 23 12 6 0 0 0 0
1,000 -559
2,227 -696
-15,707 -3,001
-14,367 -3,607
838 672
2,803 2,583
-3,621 -3,762
169 488
0 95 0
20,920 0 0
0 7,284 0
1 10,891 0
0 0 0
0 0 0
0 0 0
0 0 0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
191 65
170 68
166 71
148 72
96 74
109 75
129 75
225 74
46 4
46 2
0 0
0 0
0 0
0 0
0 0
0 0
Notes: Long-term private nonguaranteed debt data has been revised from 2007 based on reports provided by the country.
231
PAKISTAN (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
30,169 25,321 23,727 1,593 1,613 3,235 0
32,732 29,684 27,124 2,560 1,529 1,519 0
33,566 30,844 29,880 964 1,492 1,230 0
36,711 33,926 33,019 907 1,462 1,322 0
41,531 37,922 36,728 1,193 1,381 2,228 0
49,057 43,336 40,152 3,184 4,352 1,370 0
54,588 45,627 42,362 3,265 7,495 1,466 0
56,773 45,746 43,202 2,544 8,736 2,291 0
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
0 23,634 1,687 2,257
0 26,946 2,738 865
0 29,866 978 4,523
0 33,005 921 3,415
0 36,714 1,207 3,668
0 40,137 3,198 4,019
0 42,348 3,278 5,372
0 43,189 2,557 3,459
External debt flows Disbursements Long-term external debt IMF purchases
3,288 3,086 202
1,838 1,644 195
2,827 2,827 0
3,667 3,667 0
3,725 3,725 0
6,796 3,596 3,201
7,728 4,413 3,315
3,646 2,012 1,634
Principal repayments Long-term external debt IMF repurchases
2,013 1,837 176
1,870 1,587 282
1,698 1,461 237
1,439 1,332 107
1,531 1,379 152
1,941 1,761 180
2,472 2,241 231
3,273 3,008 265
Net flows Long-term external debt Short-term external debt
2,572 1,249 1,297
-343 56 -311
1,114 1,366 -15
2,320 2,335 92
3,100 2,346 906
3,997 1,834 -858
5,352 2,173 96
1,199 -996 825
Interest payments Long-term external debt IMF charges Short-term external debt
1,203 955 45 202
985 857 49 78
737 668 13 56
867 803 11 54
1,113 992 9 111
1,077 1,026 7 43
1,023 905 67 51
1,066 869 127 69
723 10
308 35
2,201 451
4,273 1,152
5,590 1,276
5,438 -270
2,338 -37
2,016 524
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 15.2 0.8 0.3 31.3
.. 16.9 0.7 0.3 41.6
12.1 17.5 0.4 0.2 41.7
12.0 16.0 0.3 0.2 44.5
11.7 15.4 0.3 0.2 44.3
10.1 17.8 0.2 0.2 44.0
9.8 16.9 0.2 0.2 46.2
8.9 18.8 0.1 0.2 44.6
5.0 18.7 5.5
6.2 12.8 3.1
1.8 26.9 8.2
4.0 21.2 6.1
3.0 28.9 7.8
2.2 22.9 5.9
1.6 23.2 6.8
2.3 22.0 7.3
7.0 4.4 0.9
8.0 5.3 1.0
4.7 6.3 4.1
7.4 17.5 17.5
6.7 9.0 8.8
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
61,092 10,400 1,712 16,311 300 -3,349 2,528
73,025 10,237 1,075 14,484 429 -85 2,087
111,867 19,768 4,280 32,453 1,871 -3,606 11,109
130,007 21,419 5,121 39,110 2,580 -6,750 12,878
145,773 23,312 5,998 42,683 2,974 -8,286 15,798
167,234 26,762 7,039 53,552 3,203 -15,655 9,024
166,370 22,937 8,717 39,389 2,548 -3,993 13,606
181,599 28,554 9,690 43,826 2,131 -1,490 17,256
290.1 49.4 30.9 10.7 40.4 8.4 1.9
319.7 44.8 27.9 4.6 41.2 6.4 1.7
169.8 30.0 12.3 3.7 47.5 33.1 4.1
171.4 28.2 10.8 3.6 48.1 35.1 4.0
178.2 28.5 11.3 5.4 48.1 38.0 4.4
183.3 29.3 11.3 2.8 45.1 18.4 2.0
238.0 32.8 15.2 2.7 43.4 24.9 4.1
198.8 31.3 15.2 4.0 43.4 30.4 4.7
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
232
PAKISTAN (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
25,321 23,727 22,631 12,179 3,082 3,321 10,452 1,097 150 371 1,593 45
29,684 27,124 25,074 13,491 3,093 3,828 11,583 2,051 623 1,099 2,560 45
30,844 29,880 28,698 15,942 2,238 6,865 12,756 1,182 1,100 30 964 600
33,926 33,019 30,778 17,665 2,143 7,871 13,113 2,241 1,900 7 907 850
37,922 36,728 33,734 19,978 2,086 9,075 13,757 2,994 2,650 4 1,193 850
43,336 40,152 37,066 22,109 1,946 9,053 14,957 3,086 2,650 125 3,184 850
45,627 42,362 39,857 23,667 1,769 10,075 16,190 2,505 2,150 75 3,265 850
45,746 43,202 41,403 24,614 1,688 10,118 16,789 1,799 1,550 0 2,544 250
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
3,086 2,331 2,199 1,167 271 255 1,032 132 0 87 755 0
1,644 1,527 1,522 1,043 159 141 479 4 0 0 117 0
2,827 2,227 1,615 1,523 217 628 92 612 600 0 600 600
3,667 3,417 2,334 2,124 155 854 211 1,082 800 0 250 250
3,725 3,195 2,435 2,195 175 1,001 240 760 750 0 530 0
3,596 2,684 2,557 2,164 54 187 393 127 0 125 912 0
4,413 3,732 3,731 2,508 89 1,177 1,224 1 0 0 681 0
2,012 1,857 1,856 1,378 61 371 477 1 0 0 155 0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
1,837 1,497 1,267 559 219 35 708 230 0 138 340 0
1,587 1,143 1,105 829 227 64 276 37 0 30 445 0
1,461 1,134 991 771 312 115 220 143 108 15 327 0
1,332 1,089 1,065 824 284 165 241 23 0 23 243 0
1,379 1,107 1,101 727 284 134 374 7 0 3 272 0
1,761 1,305 1,270 1,041 297 149 229 35 0 3 456 0
2,241 1,635 1,053 925 253 188 128 582 500 50 606 0
3,008 2,132 1,425 939 188 166 486 707 600 75 876 600
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
955 825 759 445 217 24 313 66 9 32 130 2
857 641 527 383 182 29 144 114 61 38 217 2
668 591 541 229 92 52 312 50 47 2 76 3
803 724 611 258 107 56 354 112 110 3 79 52
992 861 687 310 114 64 377 174 171 0 132 67
1,026 879 682 318 88 77 364 197 184 5 147 60
905 800 631 278 53 75 353 169 156 5 105 50
869 780 648 215 18 81 433 131 120 4 90 30
2,845 2,572
-1,109 -343
-2,316 1,114
3,144 2,320
4,820 3,100
7,526 3,997
5,530 5,352
2,185 1,199
0 0 0
918 0 0
0 0 0
0 0 0
0 1 0
0 5 0
0 0 0
0 0 0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
1,717 701
2,338 701
1,798 688
1,873 673
1,962 651
1,990 634
2,359 606
2,462 570
671 242
488 213
692 177
281 151
217 138
645 110
865 60
92 29
Notes: Data on long-term private nonguaranteed debt for 2010 are World Bank staff estimates based on the State Bank of Pakistan data.
233
PANAMA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
6,098 3,781 3,781 0 111 2,207 1,608
6,567 6,476 5,696 780 90 1 1
8,653 8,629 6,887 1,742 24 0 0
9,479 9,464 7,770 1,694 15 0 0
9,328 9,323 8,262 1,061 5 0 0
9,573 9,573 8,462 1,111 0 0 0
11,267 11,267 10,131 1,136 0 0 0
11,412 11,412 10,421 991 0 0 0
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
1,996 3,781 0 116
1 5,696 780 478
0 6,887 1,742 1,265
0 7,770 1,694 2,699
0 8,262 1,061 350
0 8,462 1,111 827
0 10,131 1,136 1,732
0 10,421 991 362
External debt flows Disbursements Long-term external debt IMF purchases
112 99 13
724 724 0
1,595 1,595 0
3,029 3,029 0
679 679 0
704 704 0
1,890 1,890 0
446 446 0
Principal repayments Long-term external debt IMF repurchases
172 133 39
462 410 52
1,412 1,403 10
2,226 2,216 10
181 171 10
916 910 5
190 190 0
320 320 0
Net flows Long-term external debt Short-term external debt
-925 -34 -866
262 314 0
182 192 0
804 814 0
498 509 0
-211 -206 0
1,700 1,700 0
126 126 0
Interest payments Long-term external debt IMF charges Short-term external debt
144 101 7 36
424 418 7 0
619 618 1 0
780 779 1 0
664 663 1 0
690 690 0 0
716 716 0 0
757 757 0 0
223 0
624 ..
918 ..
2,557 ..
1,777 ..
2,196 ..
1,773 ..
2,363 ..
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 10.4 0.4 0.1 70.8
.. 1.8 0.1 0.0 91.9
0.0 1.0 0.0 0.0 96.2
0.0 0.8 0.0 0.0 97.1
0.0 0.7 0.0 0.0 97.6
0.0 0.8 0.0 0.0 97.9
0.0 0.9 0.0 0.0 98.3
0.0 2.0 0.0 0.0 97.4
6.9 21.2 4.6
5.8 22.8 4.6
4.7 19.9 5.1
5.7 17.9 4.0
3.3 21.6 5.8
4.2 20.3 4.7
2.1 21.4 3.5
1.3 19.0 4.3
3.3 14.7 3.1
10.4 19.0 19.0
7.3 22.2 22.2
4.0 21.4 21.4
0.0 0.0 0.0
1.2 11.1 7.8
3.8 10.0 9.5
0.0 0.0 0.0
7,542 9,254 112 9,878 396 -471 781
11,007 9,408 16 10,258 562 -673 723
14,340 11,661 130 12,925 1,048 -1,022 1,211
15,879 13,879 157 14,579 1,197 -448 1,335
18,488 16,156 180 17,816 1,521 -1,407 1,935
21,432 18,004 196 20,964 1,748 -2,722 2,424
22,620 18,157 175 18,411 1,397 -44 3,028
24,916 18,948 231 22,092 1,815 -2,953 2,714
65.9 80.9 3.4 36.2 10.0 12.8 0.9
69.8 59.7 9.4 0.0 15.5 11.0 0.8
74.2 60.3 17.4 .. 12.8 14.0 1.1
68.3 59.7 21.7 .. 12.3 14.1 1.1
57.7 50.5 5.2 .. 13.1 20.7 1.3
53.2 44.7 8.9 .. 14.0 25.3 1.4
62.1 49.8 5.0 .. 14.4 26.9 2.0
60.2 45.8 5.7 .. 15.9 23.8 1.5
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
234
PANAMA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
3,781 3,781 1,262 612 175 0 650 2,519 3 2,475 0 0
6,476 5,696 1,285 1,020 283 0 265 4,411 4,141 267 780 266
8,629 6,887 1,304 1,110 212 0 194 5,583 5,505 78 1,742 635
9,464 7,770 1,348 1,166 185 0 182 6,422 6,360 62 1,694 581
9,323 8,262 1,407 1,225 216 0 182 6,855 6,810 45 1,061 1,061
9,573 8,462 1,529 1,337 271 0 192 6,933 6,748 186 1,111 1,061
11,267 10,131 1,833 1,626 435 0 207 8,298 8,071 227 1,136 1,061
11,412 10,421 2,127 1,814 420 0 314 8,293 8,071 223 991 911
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
99 99 95 93 3 0 2 5 0 5 0 0
724 486 97 88 22 0 10 388 370 17 238 0
1,595 1,325 94 91 9 0 3 1,231 1,230 1 270 150
3,029 2,461 183 182 15 0 1 2,278 2,276 1 569 300
679 199 199 188 74 0 11 0 0 0 480 480
704 654 254 241 99 0 13 400 235 165 50 0
1,890 1,865 461 426 203 0 35 1,404 1,323 81 25 0
446 441 441 334 24 0 107 0 0 0 5 0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
133 133 116 84 43 0 32 17 0 4 0 0
410 385 108 57 24 0 52 277 120 156 25 0
1,403 1,151 139 126 39 0 12 1,013 995 17 251 0
2,216 1,584 145 133 41 0 12 1,439 1,422 18 632 369
171 171 154 139 43 0 14 17 0 17 0 0
910 910 160 143 45 0 17 750 742 9 0 0
190 190 154 134 39 0 20 36 0 36 0 0
320 170 165 146 38 0 20 5 0 5 150 150
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
101 101 59 39 15 0 20 42 0 37 0 0
418 365 79 68 21 0 10 286 264 22 53 24
618 531 59 54 12 0 5 471 467 4 87 44
779 690 62 58 11 0 5 628 624 4 88 46
663 601 70 66 13 0 5 530 527 3 63 63
690 626 71 66 13 0 5 555 550 5 64 63
716 628 72 67 16 0 5 556 546 11 88 83
757 670 75 71 17 0 4 595 592 3 87 83
-800 -925
-262 262
266 182
826 804
-151 498
245 -211
1,694 1,700
145 126
5 0 0
0 477 120
0 0 0
0 0 203
0 0 0
0 7 21
0 0 0
0 0 0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
185 53
183 50
190 47
203 43
198 39
204 34
192 30
175 26
343 564
1,116 502
33 444
245 443
1,509 475
336 401
36 400
21 399
Notes: Long-term private nonguaranteed debt data only cover Bonds. Short-term debt data are excluded since BIS data include debt liabilities of offshore centers located in the country. BIS short-term debt data for 2008, 2009, and 2010 are $16.7 billion, and $16.3 billion, and $19.5 billion respectively.
235
PAPUA NEW GUINEA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
2,506 2,378 1,668 711 50 78 0
2,292 2,204 1,454 750 39 49 0
1,880 1,648 1,262 387 0 232 0
1,826 1,659 1,208 451 0 167 0
1,430 1,339 1,126 213 0 91 0
1,418 1,409 1,064 345 0 9 0
1,573 1,452 1,037 415 0 121 0
5,822 5,430 1,030 4,400 0 392 0
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
0 1,667 711 175
0 1,440 764 319
0 1,262 387 0
0 1,208 451 53
0 1,126 213 37
0 1,064 345 133
0 1,037 415 122
0 1,030 4,400 278
External debt flows Disbursements Long-term external debt IMF purchases
240 189 51
293 254 38
335 335 0
267 267 0
615 615 0
951 951 0
516 516 0
3,153 3,153 0
Principal repayments Long-term external debt IMF repurchases
509 493 16
215 196 19
244 183 61
270 270 0
947 947 0
933 933 0
514 514 0
759 759 0
Net flows Long-term external debt Short-term external debt
-291 -304 -21
30 59 -48
214 152 123
-68 -3 -65
-408 -332 -76
-64 18 -82
114 2 112
2,665 2,394 271
Interest payments Long-term external debt IMF charges Short-term external debt
117 111 1 5
90 85 1 4
63 54 1 9
56 46 0 10
60 55 0 5
42 40 0 2
29 28 0 1
53 50 0 3
455 ..
96 ..
38 ..
13 ..
102 ..
-30 ..
423 ..
30 ..
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 21.3 0.6 0.0 19.4
.. 30.1 0.8 0.0 21.3
3.8 29.8 0.0 0.1 33.8
4.2 29.0 0.0 0.1 36.9
4.6 30.0 0.0 0.1 36.3
4.3 29.4 0.0 0.1 38.6
4.3 27.5 0.0 0.0 39.4
3.8 28.5 0.0 0.0 39.3
5.2 10.6 4.4
6.5 17.3 5.1
0.0 0.0 0.0
4.4 26.1 5.2
0.8 34.7 10.2
2.1 28.2 6.7
1.7 32.1 8.5
0.8 34.7 8.9
0.0 0.0 0.0
6.2 5.3 2.5
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
4,370 3,014 16 2,415 409 674 267
3,303 2,369 7 2,013 198 351 304
4,531 3,649 7 3,368 511 539 750
4,931 4,597 4 4,462 815 333 1,441
6,261 5,205 8 5,399 674 56 2,106
7,931 6,259 15 5,713 611 708 2,008
7,855 4,626 12 5,474 537 -672 2,629
9,262 6,278 15 7,135 .. -662 3,122
83.1 57.3 20.8 3.1 37.4 10.6 1.3
96.8 69.4 12.9 2.2 36.1 13.3 1.8
51.5 41.5 8.4 12.3 44.4 39.9 2.7
39.7 37.0 7.1 9.1 44.6 78.9 3.9
27.5 22.8 19.4 6.4 52.4 147.2 4.7
22.6 17.9 15.6 0.6 50.8 141.7 4.2
34.0 20.0 11.7 7.7 46.0 167.2 5.8
92.7 62.9 12.9 6.7 12.2 53.6 5.3
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
236
PAPUA NEW GUINEA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
2,378 1,668 1,441 938 299 108 503 227 0 157 711 0
2,204 1,454 1,394 826 244 92 567 60 0 54 750 0
1,648 1,262 1,210 835 249 78 375 51 0 8 387 0
1,659 1,208 1,163 815 246 76 348 45 0 4 451 0
1,339 1,126 1,085 750 183 73 335 42 0 4 213 0
1,409 1,064 1,020 721 158 71 299 44 0 4 345 0
1,452 1,037 1,000 724 149 82 276 36 0 3 415 0
5,430 1,030 997 712 139 86 285 33 0 3 4,400 0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
189 135 122 55 34 0 67 13 0 13 54 0
254 219 206 67 43 0 139 13 0 13 35 0
335 45 44 41 20 0 3 1 0 0 290 0
267 51 48 48 19 0 0 4 0 0 216 0
615 40 39 39 12 0 0 0 0 0 575 0
951 26 26 26 4 2 0 0 0 0 925 0
516 33 33 33 2 14 0 0 0 0 483 0
3,153 37 37 37 1 8 0 0 0 0 3,116 0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
493 204 82 47 27 2 35 122 32 63 289 0
196 115 96 53 29 3 44 19 0 10 80 0
183 114 93 48 23 4 45 21 0 15 69 0
270 120 111 83 24 4 28 9 0 4 150 0
947 172 166 137 78 4 30 6 0 0 775 0
933 164 157 60 30 4 97 6 0 0 769 0
514 63 56 36 11 4 20 7 0 0 451 0
759 68 61 39 11 4 22 7 0 0 691 0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
111 82 63 44 22 1 19 19 2 9 29 0
85 54 50 31 15 1 18 5 0 3 31 0
54 38 36 22 10 1 14 2 0 1 16 0
46 38 37 26 13 1 11 1 0 0 8 0
55 39 38 28 15 1 10 1 0 0 16 0
40 32 31 20 9 1 11 1 0 0 8 0
28 21 20 13 4 1 7 1 0 0 7 0
50 16 16 9 1 1 7 1 0 0 33 0
-287 -291
-352 30
96 214
-54 -68
-396 -408
-13 -64
155 114
4,249 2,665
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
114 20
69 19
72 18
72 18
74 17
75 16
77 15
85 14
785 58
248 57
123 73
154 71
918 66
540 52
747 47
459 30
Notes: Long-term private nonguaranteed debt data for 2010 reported by country include a huge loan for about US$ 2.6 billion.
237
PARAGUAY (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
2,572 1,788 1,450 338 0 784 7
3,088 2,508 2,058 450 0 580 11
3,227 2,714 2,264 450 0 513 0
3,421 2,710 2,233 477 0 711 0
3,568 2,765 2,194 572 0 803 0
4,159 3,013 2,262 751 0 1,146 0
3,984 3,232 2,260 972 0 752 0
4,938 3,791 2,369 1,421 0 1,147 0
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
60 1,450 338 363
55 2,058 450 125
8 2,264 450 99
8 2,233 477 530
8 2,194 572 43
7 2,262 751 171
7 2,260 972 411
16 2,369 1,421 279
External debt flows Disbursements Long-term external debt IMF purchases
224 224 0
192 192 0
210 210 0
244 244 0
206 206 0
376 376 0
489 489 0
826 826 0
Principal repayments Long-term external debt IMF repurchases
159 159 0
204 204 0
332 332 0
269 269 0
258 258 0
296 296 0
308 308 0
320 320 0
Net flows Long-term external debt Short-term external debt
261 65 196
-185 -13 -173
-274 -121 -153
174 -24 198
39 -53 92
423 80 343
-213 181 -394
901 506 395
Interest payments Long-term external debt IMF charges Short-term external debt
135 93 0 42
148 115 0 33
144 115 0 29
152 121 0 31
166 135 0 30
165 136 0 29
134 122 0 12
143 131 0 12
103 ..
104 ..
54 ..
173 ..
206 ..
279 ..
205 ..
427 ..
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 22.7 0.3 0.1 28.7
.. 15.0 0.1 0.1 60.0
2.6 13.4 0.0 0.0 68.4
2.6 13.7 0.0 0.0 68.8
2.8 14.0 0.0 0.0 68.9
2.8 18.6 0.0 0.0 66.1
2.6 19.3 0.0 0.0 67.5
2.0 19.3 0.0 0.0 70.2
5.5 19.3 5.6
6.4 21.8 3.0
4.5 16.4 4.7
3.9 29.4 8.0
5.3 23.0 9.9
3.6 27.5 6.1
2.8 25.7 6.5
1.9 20.2 3.6
8.0 9.8 2.3
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
8,176 5,075 287 5,363 62 -92 1,106
7,094 3,185 278 3,524 84 -163 772
7,415 4,213 269 4,421 158 16 1,297
9,184 5,497 463 5,795 271 128 1,702
12,060 6,951 484 7,140 365 184 2,461
16,659 9,338 588 10,056 505 -304 2,863
13,954 7,548 609 8,024 554 43 3,862
19,497 10,165 673 11,283 650 -596 4,167
50.7 31.5 5.8 30.5 30.2 43.0 2.5
96.9 43.5 11.1 18.8 36.9 25.0 2.6
76.6 43.5 11.3 15.9 39.1 40.2 3.5
62.2 37.3 7.6 20.8 37.6 49.8 3.5
51.3 29.6 6.1 22.5 36.3 69.0 4.1
44.5 25.0 4.9 27.6 31.1 68.8 3.4
52.8 28.5 5.9 18.9 33.9 96.9 5.8
48.6 25.3 4.6 23.2 30.3 84.4 4.4
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
238
PARAGUAY (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
1,788 1,450 1,318 778 154 36 540 133 0 56 338 0
2,508 2,058 1,609 1,141 201 28 469 449 0 424 450 0
2,714 2,264 1,843 1,260 223 21 583 421 0 403 450 0
2,710 2,233 1,852 1,286 234 19 566 381 0 374 477 0
2,765 2,194 1,841 1,296 227 18 545 352 0 345 572 0
3,013 2,262 1,939 1,294 214 16 644 323 0 316 751 0
3,232 2,260 1,978 1,352 281 15 625 282 0 275 972 0
3,791 2,369 2,110 1,496 257 13 613 260 0 253 1,421 0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
224 216 204 129 26 0 75 11 0 11 8 0
192 192 192 166 47 0 26 0 0 0 0 0
210 144 141 75 17 0 66 3 0 3 66 0
244 154 154 111 32 0 44 0 0 0 90 0
206 111 111 101 13 0 10 0 0 0 95 0
376 196 196 108 9 0 89 0 0 0 180 0
489 248 248 181 101 0 67 0 0 0 241 0
826 303 303 290 8 0 13 0 0 0 523 0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
159 157 123 76 41 1 47 34 0 10 2 0
204 111 105 61 19 1 43 7 0 4 93 0
332 205 176 108 25 1 68 29 0 18 126 0
269 209 169 105 26 1 64 40 0 30 60 0
258 206 177 127 27 1 50 29 0 29 52 0
296 237 208 140 30 1 68 29 0 29 59 0
308 262 221 141 33 1 80 41 0 41 46 0
320 246 224 148 33 1 76 22 0 22 75 0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
93 87 71 41 15 0 30 16 0 2 6 0
115 99 69 51 11 0 18 30 0 29 16 0
115 94 77 53 10 0 24 17 0 16 21 0
121 97 75 53 12 0 22 22 0 21 24 0
135 104 80 57 13 0 23 24 0 24 31 0
136 96 78 56 13 0 21 18 0 18 40 0
122 97 83 48 7 0 35 14 0 14 25 0
131 65 63 47 6 0 16 2 0 2 66 0
469 261
-294 -185
-379 -274
194 174
147 39
591 423
-175 -213
954 901
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 2 0
0 0 0
0 0 0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
215 57
207 52
178 47
164 44
185 41
186 37
185 33
182 30
405 77
296 58
277 42
174 30
146 21
111 15
97 10
84 6
239
PERU (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
30,842 20,228 18,940 1,288 955 9,659 4,584
28,632 24,145 19,208 4,938 558 3,928 14
29,352 26,083 22,511 3,572 57 3,212 4
29,133 26,101 22,161 3,940 20 3,012 17
32,073 26,739 19,832 6,907 0 5,334 17
34,559 29,138 19,394 9,744 0 5,420 22
36,393 31,662 20,800 10,862 0 4,731 1
36,271 30,216 20,027 10,189 0 6,055 1
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
4,150 18,934 1,294 930
29 17,937 6,209 1,263
2 21,613 4,470 2,191
33 21,341 4,760 704
8 19,020 7,719 3,018
10 18,689 10,449 1,343
1 20,210 11,453 4,036
1 19,559 10,657 3,832
External debt flows Disbursements Long-term external debt IMF purchases
880 880 0
2,066 2,066 0
3,721 3,721 0
2,002 2,002 0
7,149 7,149 0
4,630 4,630 0
4,772 4,772 0
8,296 8,296 0
Principal repayments Long-term external debt IMF repurchases
521 521 0
1,139 997 141
4,227 4,187 40
1,564 1,525 39
6,765 6,745 20
3,263 3,263 0
2,220 2,220 0
4,059 4,059 0
Net flows Long-term external debt Short-term external debt
3,148 359 2,789
289 1,069 -638
-44 -466 461
225 477 -213
2,705 404 2,322
1,449 1,367 81
1,883 2,552 -668
5,561 4,237 1,324
Interest payments Long-term external debt IMF charges Short-term external debt
722 485 52 184
1,432 1,172 33 227
1,838 1,717 3 118
1,997 1,849 2 146
2,286 2,109 0 176
1,996 1,807 0 189
2,141 1,976 0 166
2,726 2,550 0 176
2,557 171
810 123
2,579 769
3,467 -45
5,491 70
6,924 85
5,576 47
7,328 87
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 14.6 1.2 1.2 41.9
.. 13.8 0.4 0.5 73.8
7.0 9.1 0.1 0.1 80.5
7.7 8.9 0.1 0.0 80.3
8.2 10.2 0.0 0.0 78.7
11.1 13.6 0.0 0.0 72.7
7.2 12.1 0.0 0.0 77.8
4.4 9.9 0.0 0.0 83.5
6.2 17.4 4.6
5.8 22.0 5.0
5.0 16.4 7.0
5.2 17.2 6.5
5.5 16.6 5.6
3.2 18.7 7.1
1.3 19.5 9.4
1.7 15.6 6.4
0.0 0.0 0.0
9.0 5.0 0.1
7.7 22.0 22.0
0.0 0.0 0.0
7.5 21.8 20.6
0.0 0.0 0.0
7.2 13.0 13.0
7.4 30.8 30.8
51,140 7,197 599 12,653 834 -4,625 8,653
51,878 9,247 718 11,794 344 -1,546 8,676
74,141 20,282 1,440 20,906 4,030 1,148 14,171
84,519 27,540 1,837 26,853 6,741 2,872 17,442
98,879 32,833 2,131 33,880 7,788 1,460 27,786
119,942 36,504 2,444 44,765 8,346 -5,318 31,241
122,566 32,040 2,409 34,717 7,173 211 33,225
147,315 40,696 2,534 46,037 9,478 -2,315 44,215
428.6 60.3 17.3 31.3 12.0 28.1 8.2
309.6 55.2 27.8 13.7 19.2 30.3 8.8
144.7 39.6 29.9 10.9 26.9 48.3 8.1
105.8 34.5 12.9 10.3 26.8 59.9 7.8
97.7 32.4 27.6 16.6 24.7 86.6 9.8
94.7 28.8 14.4 15.7 23.1 90.4 8.4
113.6 29.7 13.6 13.0 23.0 91.3 11.5
89.1 24.6 16.7 16.7 21.7 121.9 11.5
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
240
PERU (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
20,228 18,940 15,238 3,716 1,729 0 11,522 3,702 0 3,040 1,288 60
24,145 19,208 14,377 5,511 2,590 0 8,866 4,830 3,727 110 4,938 150
26,083 22,511 13,805 7,885 2,816 0 5,920 8,706 8,390 86 3,572 1,230
26,101 22,161 13,479 7,810 2,633 0 5,669 8,682 8,390 77 3,940 2,522
26,739 19,832 11,293 7,922 2,649 0 3,371 8,539 8,270 68 6,907 3,749
29,138 19,394 12,338 7,988 2,712 0 4,350 7,056 6,879 170 9,744 3,599
31,662 20,800 11,740 8,377 2,846 0 3,362 9,061 8,911 145 10,862 4,428
30,216 20,027 10,573 7,854 2,965 0 2,719 9,454 9,311 138 10,189 7,298
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
880 725 720 631 202 0 89 5 0 0 155 0
2,066 1,489 1,454 811 266 0 643 35 0 34 577 0
3,721 2,635 985 799 192 0 187 1,650 1,650 0 1,086 1,080
2,002 638 638 509 36 0 129 0 0 0 1,364 1,292
7,149 3,299 1,180 1,038 256 0 143 2,119 2,119 0 3,849 1,227
4,630 1,165 1,165 991 294 0 174 0 0 0 3,466 0
4,772 3,232 1,232 1,040 379 0 192 2,000 2,000 0 1,539 878
8,296 3,862 1,601 1,344 377 0 257 2,261 2,261 0 4,434 2,871
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
521 481 405 201 86 0 203 77 0 28 40 0
997 980 834 497 93 0 338 146 0 130 17 0
4,187 3,031 2,917 556 210 0 2,361 114 90 11 1,156 0
1,525 1,144 1,030 603 219 0 427 113 90 9 381 0
6,745 5,863 3,496 950 241 0 2,547 2,366 2,343 9 882 0
3,263 2,616 1,254 958 230 0 296 1,363 1,338 23 647 150
2,220 1,831 1,806 653 245 0 1,154 25 0 23 389 50
4,059 3,489 2,970 1,871 258 0 1,099 518 497 21 570 0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
485 414 395 245 118 0 150 19 0 10 71 6
1,172 1,103 915 382 189 0 533 188 179 5 69 11
1,717 1,403 807 354 105 0 453 596 568 7 314 56
1,849 1,389 724 434 137 0 290 665 637 8 460 136
2,109 1,512 818 483 150 0 335 694 669 7 598 250
1,807 1,184 571 408 136 0 163 613 603 10 623 213
1,976 1,084 451 314 107 0 137 632 623 9 892 223
2,550 1,096 346 251 62 0 95 750 742 8 1,454 284
4,323 3,148
-515 289
-2,211 -44
-219 225
2,940 2,705
2,486 1,449
1,835 1,883
-122 5,561
919 0 0
1 0 0
21 66 0
0 27 0
0 61 2,343
0 56 838
30 32 0
0 1,395 497
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
819 233
1,066 212
1,028 186
973 161
931 140
974 119
832 101
657 87
563 1,240
1,075 1,202
726 1,166
797 1,129
746 1,070
1,155 985
1,130 939
1,240 885
Notes: Data on long-term private nonguaranteed debt and short-term debt for 2010 are World Bank staff estimates based on reports provided by the country. Data for 2007 include Bond prepayment and prepayment to Paris Club creditors. Short-term debt data from 2007 are based on reports provided by the country.
241
PHILIPPINES (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
39,379 33,372 28,525 4,847 728 5,279 0
58,304 50,777 33,744 17,033 2,032 5,495 0
61,658 54,874 35,364 19,510 389 6,395 0
60,412 55,403 36,881 18,522 0 5,009 0
66,040 58,956 38,089 20,867 0 7,084 0
64,995 57,994 39,197 18,797 0 7,001 0
63,116 59,114 41,944 17,171 0 4,002 0
72,337 66,042 44,641 21,402 0 6,295 0
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
0 28,369 5,003 2,594
1 33,674 17,103 5,353
1 35,295 19,579 3,776
2 36,815 18,588 4,124
0 38,024 20,932 2,521
1 39,121 18,873 3,442
0 41,872 17,242 7,787
0 44,565 21,477 8,934
External debt flows Disbursements Long-term external debt IMF purchases
2,840 2,840 0
6,060 5,747 313
6,525 6,525 0
8,902 8,902 0
8,876 8,876 0
5,163 5,163 0
9,853 9,853 0
15,534 15,534 0
Principal repayments Long-term external debt IMF repurchases
3,099 2,737 363
4,055 4,047 8
6,403 6,085 317
9,800 9,399 400
6,340 6,340 0
8,219 8,219 0
6,379 6,379 0
9,527 9,527 0
Net flows Long-term external debt Short-term external debt
-696 104 -437
2,551 1,700 546
1,472 440 1,349
-2,284 -498 -1,386
4,611 2,536 2,075
-3,140 -3,057 -83
476 3,475 -2,999
8,300 6,007 2,293
Interest payments Long-term external debt IMF charges Short-term external debt
2,264 1,859 55 351
3,004 2,469 94 442
3,559 3,254 20 286
3,899 3,521 15 363
3,796 3,450 2 345
3,980 3,697 0 284
3,501 3,431 0 70
3,347 3,324 0 23
1,478 0
2,240 -202
1,854 1,465
2,921 2,525
2,916 3,178
1,544 -1,289
1,963 -1,096
1,713 481
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 39.2 0.2 0.3 27.3
.. 38.2 0.1 0.1 42.2
5.5 34.7 0.1 0.2 49.5
5.7 32.4 0.1 0.2 53.0
5.9 33.2 0.0 0.2 52.9
5.1 38.4 0.0 0.1 49.8
5.1 33.7 0.0 0.1 55.8
3.6 36.0 0.0 0.1 56.2
4.3 26.7 7.8
3.3 28.1 7.3
3.1 19.8 5.4
5.3 17.2 5.1
4.4 21.3 6.5
2.4 22.6 6.5
1.2 20.1 6.4
1.0 24.4 7.7
7.1 11.0 10.2
8.3 11.4 10.8
7.6 10.8 10.2
7.9 18.7 18.6
6.4 24.6 24.5
4.2 15.9 10.8
7.1 13.8 13.4
4.5 13.9 13.3
76,450 32,862 5,360 35,722 515 -1,980 7,781
80,996 44,060 6,961 51,928 230 -2,225 15,074
102,768 48,725 13,566 58,136 1,391 1,980 18,474
120,950 57,358 15,251 65,214 2,015 5,341 22,963
148,461 64,629 16,302 71,670 2,133 7,112 33,740
173,708 63,943 18,642 75,563 1,675 3,627 37,498
168,141 54,336 19,765 61,257 2,150 9,358 44,206
199,897 70,020 21,423 78,150 2,234 8,465 62,326
119.8 51.5 16.3 13.4 21.6 19.8 2.6
132.3 72.0 16.0 9.4 12.4 25.9 3.5
126.5 60.0 20.4 10.4 10.7 30.0 3.8
105.3 49.9 23.9 8.3 11.4 38.0 4.2
102.2 44.5 15.7 10.7 10.9 51.1 5.6
101.6 37.4 19.1 10.8 11.4 57.7 6.0
116.2 37.5 18.2 6.3 13.4 70.0 8.7
103.3 36.2 18.4 8.7 11.6 86.2 9.6
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
242
PHILIPPINES (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
33,372 28,525 22,626 8,490 5,002 183 14,137 5,899 4,666 416 4,847 1,925
50,777 33,744 19,890 7,207 3,627 207 12,683 13,855 10,466 2,482 17,033 2,856
54,874 35,364 18,580 6,620 2,885 197 11,960 16,784 14,290 1,413 19,510 2,975
55,403 36,881 18,623 6,874 2,690 196 11,749 18,258 16,386 813 18,522 2,476
58,956 38,089 19,586 7,219 2,726 195 12,367 18,503 16,904 636 20,867 1,993
57,994 39,197 21,601 7,414 2,533 187 14,186 17,597 16,144 662 18,797 1,314
59,114 41,944 22,067 8,449 2,488 181 13,618 19,877 18,627 894 17,171 956
66,042 44,641 23,198 8,372 2,567 171 14,826 21,443 20,221 918 21,402 1,651
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
2,840 1,816 1,413 621 393 10 792 403 278 102 1,024 864
5,747 5,228 1,528 386 152 10 1,142 3,701 2,630 997 519 5
6,525 3,874 1,144 381 129 0 763 2,730 2,384 221 2,651 250
8,902 7,878 1,905 974 132 0 931 5,973 5,756 165 1,024 0
8,876 2,767 1,655 808 372 0 847 1,112 1,048 36 6,109 0
5,163 2,119 1,442 860 192 0 582 677 576 100 3,044 0
9,853 8,143 2,360 1,703 361 0 657 5,783 5,510 272 1,710 0
15,534 8,152 1,346 491 438 0 855 6,806 6,680 122 7,382 1,012
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
2,737 2,587 2,204 651 413 2 1,553 383 32 76 150 0
4,047 2,515 1,572 562 349 3 1,009 943 395 474 1,533 445
6,085 3,353 1,788 644 376 7 1,143 1,566 1,209 265 2,732 333
9,399 5,742 1,921 790 383 7 1,131 3,820 2,911 831 3,658 604
6,340 2,547 1,667 625 403 7 1,041 881 462 252 3,792 558
8,219 3,592 2,322 972 471 7 1,349 1,270 844 94 4,627 572
6,379 3,841 1,722 651 394 7 1,071 2,120 1,644 53 2,537 339
9,527 6,816 1,818 671 379 7 1,147 4,998 4,807 108 2,711 174
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
1,859 1,707 1,320 604 376 1 716 387 287 34 152 82
2,469 1,882 841 414 223 2 427 1,041 880 130 586 479
3,254 2,409 584 258 124 2 326 1,825 1,725 70 845 283
3,521 2,736 583 280 141 1 303 2,153 2,033 92 785 255
3,450 2,527 614 333 160 1 280 1,913 1,841 34 923 140
3,697 2,865 612 310 143 1 301 2,253 2,198 27 832 103
3,431 2,840 542 248 112 1 294 2,298 2,257 26 590 88
3,324 2,977 498 196 81 1 301 2,479 2,441 26 347 25
-878 -696
-17 2,551
690 1,472
-1,246 -2,284
5,628 4,611
-1,045 -3,140
-1,879 476
9,221 8,300
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
2,092 464
2,009 423
2,177 385
1,961 348
1,653 317
1,607 287
1,556 258
1,524 229
3,745 1,861
2,405 1,762
2,760 1,711
3,024 1,627
2,834 1,533
4,464 1,425
3,353 1,217
2,230 1,112
Notes: Long-term private nonguaranteed debt includes the following monitored aggregate private-sector debt: unregistered debt, intercompany debt and capital leases. Short-term debt is based on reports provided by the country.
243
ROMANIA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
6,832 4,491 3,957 534 1,038 1,303 0
11,160 9,945 6,583 3,362 453 763 12
38,861 31,187 13,330 17,858 261 7,413 13
53,935 37,265 14,184 23,081 104 16,567 6
84,162 54,836 15,200 39,636 0 29,326 6
102,487 73,827 14,987 58,839 0 28,660 2
118,008 86,253 17,956 68,297 9,544 22,210 1
121,505 81,383 20,557 60,826 15,092 25,029 1
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
0 3,899 592 1,641
16 6,440 3,505 2,864
37 12,962 18,225 2,897
260 13,820 23,445 2,594
256 14,833 40,003 985
237 14,742 59,084 3,335
1 17,714 68,539 8,472
1 19,887 61,496 1,838
External debt flows Disbursements Long-term external debt IMF purchases
1,513 1,455 57
3,258 3,144 114
12,918 12,918 0
11,226 11,226 0
20,884 20,884 0
32,513 32,513 0
32,564 23,173 9,391
23,080 17,416 5,664
Principal repayments Long-term external debt IMF repurchases
675 302 373
1,801 1,705 96
5,331 5,179 152
6,472 6,305 167
8,325 8,219 105
14,427 14,427 0
13,117 13,117 0
15,744 15,744 0
Net flows Long-term external debt Short-term external debt
1,174 1,153 337
1,843 1,439 386
10,619 7,739 3,032
13,915 4,922 9,161
25,319 12,665 12,760
17,424 18,086 -662
12,998 10,056 -6,449
10,155 1,672 2,819
Interest payments Long-term external debt IMF charges Short-term external debt
321 206 69 47
698 632 24 42
1,587 1,248 13 326
2,176 1,404 10 762
3,243 1,956 3 1,284
3,696 2,904 0 792
3,178 2,737 77 364
2,801 2,158 301 342
419 0
1,037 58
6,482 229
11,393 301
9,925 746
13,883 23
4,846 7
3,453 4
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 2.7 0.0 1.8 34.4
.. 5.3 0.0 0.9 42.5
58.9 3.2 1.3 0.7 26.9
64.0 3.5 1.1 0.6 22.8
69.3 3.4 0.7 0.5 18.9
71.9 4.5 0.3 0.4 17.3
78.8 3.6 0.1 0.2 13.3
82.5 3.9 0.0 0.1 10.5
6.0 13.3 4.3
5.9 17.1 4.2
2.1 23.0 6.4
3.6 19.2 5.4
4.6 20.0 5.9
4.0 14.4 12.7
2.9 11.6 5.6
1.8 24.9 7.0
6.9 7.2 2.7
9.1 5.8 2.5
3.8 10.0 7.8
4.1 11.9 3.8
5.2 11.0 3.2
6.5 10.8 9.3
6.3 10.1 1.4
5.0 5.1 5.0
35,236 9,485 9 11,628 28 -1,774 2,624
36,768 12,438 96 14,653 72 -1,355 3,396
98,008 34,346 4,733 47,298 2,926 -8,504 21,601
119,825 41,545 6,718 60,454 4,164 -12,785 30,206
169,088 53,315 8,542 83,013 5,988 -23,080 39,974
199,261 65,946 9,381 98,549 4,362 -23,719 39,768
164,073 52,162 4,952 64,825 1,212 -6,955 44,383
159,027 59,372 3,883 70,374 747 -6,480 48,048
72.0 19.4 10.5 19.1 24.7 38.4 2.7
89.7 30.4 20.1 6.8 30.1 30.4 2.8
113.1 39.7 20.1 19.1 14.4 55.6 5.5
129.8 45.0 20.8 30.7 11.3 56.0 6.0
157.9 49.8 21.7 34.8 8.0 47.5 5.8
155.4 51.4 27.5 28.0 7.1 38.8 4.8
226.2 71.9 31.2 18.8 9.0 37.6 8.2
204.7 76.4 31.2 20.6 11.0 39.5 8.2
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
244
ROMANIA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
4,491 3,957 2,998 1,685 844 0 1,312 959 0 250 534 0
9,945 6,583 4,149 3,364 1,898 0 785 2,434 736 1,157 3,362 0
31,187 13,330 6,152 5,602 2,448 0 550 7,177 2,123 4,874 17,858 0
37,265 14,184 6,674 6,092 2,481 0 583 7,510 2,371 5,000 23,081 0
54,836 15,200 7,301 6,709 2,604 0 592 7,899 2,650 5,113 39,636 0
73,827 14,987 8,006 7,295 2,572 0 710 6,982 2,714 4,178 58,839 0
86,253 17,956 11,271 10,579 2,995 0 692 6,686 2,809 3,816 68,297 0
81,383 20,557 14,233 13,373 2,830 0 860 6,324 1,670 4,595 60,826 0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
1,455 1,185 873 361 128 0 511 312 0 165 271 0
3,144 1,937 1,083 932 384 0 151 854 139 674 1,207 0
12,918 2,637 1,016 891 282 0 125 1,621 623 958 10,281 0
11,226 1,315 678 554 140 0 124 637 0 620 9,911 0
20,884 1,271 718 658 232 0 60 554 0 527 19,613 0
32,513 2,799 1,515 1,437 239 0 77 1,284 1,104 175 29,715 0
23,173 3,860 3,720 3,671 703 0 48 140 0 140 19,313 0
17,416 5,609 4,123 4,001 187 0 122 1,486 0 1,468 11,807 0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
302 217 132 14 0 0 118 85 0 13 86 0
1,705 984 493 326 91 0 168 491 0 328 721 75
5,179 1,697 590 376 205 0 213 1,107 374 646 3,482 0
6,305 1,436 556 450 195 0 106 880 0 813 4,868 0
8,219 1,469 585 508 211 0 77 884 0 844 6,750 0
14,427 2,490 685 626 288 0 60 1,805 883 875 11,937 0
13,117 1,376 671 609 261 0 63 704 0 635 11,741 0
15,744 2,112 664 627 262 0 37 1,448 929 503 13,632 0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
206 179 124 70 53 0 54 56 0 8 27 0
632 439 269 207 104 0 62 171 45 76 193 7
1,248 672 229 206 88 0 23 443 184 248 576 0
1,404 707 272 252 111 0 20 435 131 295 697 0
1,956 803 316 299 132 0 17 487 171 312 1,153 0
2,904 876 345 328 130 0 17 531 199 327 2,028 0
2,737 705 322 305 95 0 17 383 156 219 2,032 0
2,158 596 293 276 51 0 17 303 145 155 1,562 0
1,230 1,174
2,154 1,843
9,287 10,619
15,075 13,915
30,227 25,319
18,325 17,424
15,521 12,998
3,497 10,155
0 0 0
0 0 0
0 19 0
0 0 0
0 0 0
0 0 0
0 5 0
0 0 0
7. Long-term external debt
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
781 408
891 441
972 453
1,583 449
2,510 401
2,005 346
2,019 291
1,832 237
6,747 1,223
7,727 1,077
6,772 926
6,691 817
8,347 712
6,222 522
6,116 429
7,063 338
Notes: Short-term debt is based on reports provided by the country.
245
RUSSIAN FEDERATION (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
121,401 101,582 101,582 0 9,617 10,201 5,851
159,993 132,751 110,989 21,762 11,613 15,630 4,530
239,911 212,780 86,877 125,903 0 27,131 3,151
250,743 210,142 107,442 102,700 0 40,601 747
361,338 289,337 148,737 140,600 0 72,001 606
402,726 347,925 141,725 206,200 0 54,801 655
373,419 341,116 148,116 193,000 0 32,303 427
384,740 345,983 162,924 183,059 0 38,756 56
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
22,417 101,582 0 3,154
7,368 110,989 21,762 76
2,064 86,877 125,903 11,545
506 107,442 102,700 13,472
39 148,737 140,600 45,956
115 141,725 206,200 23,462
0 148,116 193,000 10,123
0 162,924 183,059 21,117
External debt flows Disbursements Long-term external debt IMF purchases
8,536 3,083 5,453
1,387 1,387 0
55,068 55,068 0
49,795 49,795 0
96,278 96,278 0
108,173 108,173 0
42,090 42,090 0
51,406 51,406 0
Principal repayments Long-term external debt IMF repurchases
3,273 3,273 0
6,221 3,333 2,888
32,475 29,086 3,389
37,396 37,396 0
24,111 24,111 0
44,579 44,579 0
38,944 38,944 0
44,197 44,197 0
Net flows Long-term external debt Short-term external debt
4,913 -190 -350
-2,835 -1,947 2,000
23,227 25,982 634
28,273 12,399 15,874
103,708 72,167 31,541
46,345 63,594 -17,249
-19,124 3,146 -22,270
14,034 7,210 6,824
Interest payments Long-term external debt IMF charges Short-term external debt
2,885 2,591 294 0
5,604 4,284 691 630
9,446 8,569 27 850
12,890 11,599 0 1,291
16,135 13,771 0 2,364
22,570 20,715 0 1,855
18,144 17,605 0 539
17,652 17,229 0 423
2,065 47
2,714 150
12,886 -100
29,701 6,480
55,073 18,675
75,002 -15,005
36,500 3,369
42,868 -4,808
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 2.0 0.8 2.8 52.1
.. 0.8 0.1 0.0 71.6
10.2 1.2 0.0 0.0 83.4
3.8 0.8 0.0 0.0 91.1
2.9 0.5 0.0 0.0 93.9
3.9 0.5 0.0 0.0 93.1
4.1 0.5 0.0 0.0 93.5
3.5 0.4 0.0 0.3 94.5
7.0 16.7 5.6
7.3 16.8 5.3
4.4 17.3 4.8
0.0 6.3 3.3
3.5 11.1 3.3
0.0 0.0 0.0
0.6 13.3 3.8
0.0 0.0 0.0
7.0 14.4 2.5
7.1 9.1 2.1
5.2 4.0 1.6
6.1 4.7 3.2
5.8 6.5 4.3
5.4 5.7 3.9
5.5 5.6 5.3
4.2 6.4 5.7
392,156 97,265 2,502 90,459 197 6,963 18,024
252,972 119,350 1,275 72,580 887 46,839 27,656
744,977 286,244 3,012 200,604 19,483 84,602 182,272
960,335 364,409 3,344 268,185 34,601 94,686 303,773
1,268,989 441,054 4,713 359,779 43,195 77,768 478,822
1,611,773 584,560 6,033 478,265 62,290 103,530 426,279
1,181,785 378,166 5,359 326,699 37,472 48,605 439,342
1,431,459 482,121 5,264 408,336 48,189 70,599 479,222
124.8 31.0 6.3 8.4 1.6 14.8 2.4
134.1 63.2 9.9 9.8 4.4 17.3 4.6
83.8 32.2 14.6 11.3 2.3 76.0 10.9
68.8 26.1 13.8 16.2 2.2 121.1 13.6
81.9 28.5 9.1 19.9 1.4 132.5 16.0
68.9 25.0 11.5 13.6 1.1 105.8 10.7
98.7 31.6 15.1 8.7 1.0 117.7 16.1
79.8 26.9 12.8 10.1 0.8 124.6 14.1
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
246
RUSSIAN FEDERATION (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
101,582 101,582 57,449 1,985 1,524 0 55,464 44,133 1,115 16,674 0 0
132,751 110,989 70,851 7,040 6,844 0 63,811 40,138 36,368 440 21,762 1,412
212,780 86,877 34,723 5,627 5,091 0 29,096 52,154 40,244 10,050 125,903 33,673
210,142 107,442 11,220 5,451 4,759 0 5,769 96,223 44,146 50,419 102,700 48,741
289,337 148,737 9,677 5,099 4,292 0 4,579 139,059 60,619 77,637 140,600 70,208
347,925 141,725 8,396 4,477 3,851 0 3,919 133,329 67,238 65,562 206,200 78,078
341,116 148,116 7,333 3,724 3,211 0 3,609 140,783 70,117 70,323 193,000 73,331
345,983 162,924 6,389 3,042 2,618 0 3,347 156,535 82,643 73,742 183,059 73,329
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
3,083 3,083 1,092 855 824 0 237 1,990 0 20 0 0
1,387 1,007 746 574 540 0 172 261 0 0 380 75
55,068 11,606 441 409 251 0 32 11,165 1,000 10,050 43,462 14,620
49,795 24,014 569 528 324 0 42 23,444 5,618 17,826 25,781 16,192
96,278 46,257 520 420 214 0 100 45,736 19,888 25,848 50,021 26,395
108,173 20,159 361 260 221 0 101 19,798 12,187 7,611 88,014 14,333
42,090 32,106 108 108 95 0 0 31,998 8,723 23,275 9,984 2,286
51,406 33,633 139 139 135 0 0 33,494 16,165 17,328 17,774 11,976
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
3,273 3,273 917 434 0 0 483 2,356 810 51 0 0
3,333 2,031 1,206 312 266 0 894 825 268 19 1,302 825
29,086 23,116 18,683 823 780 0 17,860 4,433 3,765 0 5,971 822
37,396 31,713 25,983 741 693 0 25,242 5,730 2,543 2,900 5,683 1,475
24,111 10,879 1,765 815 724 0 950 9,114 3,714 4,679 13,232 6,065
44,579 23,114 1,598 947 706 0 650 21,516 5,098 16,110 21,465 6,020
38,944 15,841 1,183 872 730 0 311 14,658 5,944 8,526 23,103 7,033
44,197 19,153 1,096 798 731 0 297 18,057 3,573 14,284 25,044 9,669
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
2,591 2,591 1,245 132 57 0 1,113 1,346 140 600 0 0
4,284 3,207 1,227 431 412 0 796 1,979 1,845 4 1,077 165
8,569 5,221 2,339 201 184 0 2,137 2,882 2,804 7 3,348 1,774
11,599 5,279 1,735 276 243 0 1,458 3,545 2,857 631 6,320 3,234
13,771 4,730 453 301 262 0 152 4,277 3,356 875 9,041 4,722
20,715 6,264 333 234 202 0 99 5,931 4,372 1,523 14,451 5,269
17,605 5,421 182 135 121 0 47 5,239 4,657 564 12,184 5,550
17,229 5,803 62 36 30 0 26 5,741 4,896 837 11,427 5,154
-374 4,913
-14,761 -2,835
43,128 23,227
10,832 28,273
110,595 103,708
41,388 46,345
-29,307 -19,124
11,321 14,034
7,166 0 0
26,526 11,600 0
0 0 0
1,170 0 0
0 0 0
0 0 0
0 0 0
0 0 0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
1,742 113
958 88
725 71
622 59
454 48
290 40
1,035 34
215 9
62,304 14,346
45,111 12,430
46,455 10,625
38,271 8,760
32,049 7,112
20,390 5,824
29,696 4,932
23,277 3,547
Notes: Data on long-term public and publicly guaranteed, long-term private nonguaranteed, and short-term debt for 2010 are World Bank staff estimates based on reports provided by the country.
247
RWANDA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
1029.0 970.7 970.7 0.0 26.3 32.0 17.5
1270.3 1146.6 1146.6 0.0 85.8 37.9 16.2
1508.9 1414.5 1414.5 0.0 77.0 17.4 13.4
413.0 389.5 389.5 0.0 4.3 19.2 12.2
584.6 565.9 565.9 0.0 8.1 10.6 10.6
662.8 645.7 645.7 0.0 11.4 5.7 0.7
748.9 723.5 723.5 0.0 15.2 10.1 0.1
794.6 765.6 765.6 0.0 14.9 14.1 0.1
44.2 970.7 0.0 50.0
71.9 1146.6 0.0 55.0
73.3 1414.5 0.0 73.0
69.3 389.5 0.0 17.9
63.0 565.9 0.0 386.6
4.3 645.7 0.0 0.0
2.7 723.5 0.0 52.1
2.1 765.6 0.0 138.3
External debt flows Disbursements Long-term external debt IMF purchases
67.5 54.0 13.5
64.9 39.8 25.1
86.5 84.8 1.7
67.0 64.5 2.5
85.7 82.3 3.5
114.1 110.5 3.6
88.4 84.8 3.6
61.4 61.4 0.0
Principal repayments Long-term external debt IMF repurchases
11.4 11.4 0.0
24.3 13.1 11.1
16.8 13.2 3.7
17.8 17.8 0.0
16.2 16.2 0.0
8.6 8.6 0.0
5.3 5.3 0.0
8.3 8.2 0.1
Net flows Long-term external debt Short-term external debt
52.6 42.6 -3.5
24.3 26.7 -16.4
66.6 71.6 -3.0
52.3 46.7 3.0
62.6 66.1 -7.0
110.5 101.9 5.0
88.1 79.5 5.0
57.0 53.1 4.0
Interest payments Long-term external debt IMF charges Short-term external debt
8.9 8.3 0.1 0.5
11.4 8.5 1.4 1.5
10.8 10.2 0.4 0.2
8.2 7.9 0.0 0.3
6.7 6.5 0.0 0.2
5.7 5.5 0.1 0.1
6.0 5.8 0.1 0.1
6.2 6.0 0.0 0.2
2.2 ..
8.3 ..
8.0 ..
11.2 ..
67.1 ..
103.4 ..
118.7 ..
42.3 ..
1. Summary external debt data External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 1.3 0.0 0.0 45.6
.. 0.4 0.0 0.0 58.5
4.2 0.0 0.0 0.0 63.8
6.8 0.0 0.0 0.0 54.4
5.1 0.0 0.0 0.0 44.4
6.8 0.0 0.0 0.0 41.9
6.7 0.0 0.0 0.0 41.2
5.5 0.0 0.0 0.0 40.1
0.8 39.8 10.3
0.8 39.7 10.2
0.9 40.0 9.4
1.0 30.1 6.5
3.0 25.1 7.9
0.0 0.0 0.0
1.8 21.8 7.0
0.9 35.9 9.2
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
1298.9 98.8 21.1 391.3 1.5 57.5 99.1
1719.6 141.5 6.6 451.7 3.1 -94.4 190.6
2554.0 284.6 20.9 702.8 4.7 -52.1 405.8
3082.5 302.5 21.2 778.3 3.9 -180.0 439.7
3723.8 411.3 51.3 971.4 9.3 -146.6 552.8
4677.2 693.0 67.8 1463.5 15.4 -252.1 596.3
5225.2 548.6 92.6 1531.2 4.7 -378.6 742.7
5581.8 620.5 91.8 1699.2 0.0 -421.4 812.8
1041.4 79.2 20.5 3.1 79.1 9.6 3.0
897.7 73.9 25.2 3.0 78.5 15.0 5.1
530.1 59.1 9.7 1.2 90.0 26.9 6.9
136.5 13.4 8.6 4.6 81.2 106.5 6.8
142.1 15.7 5.6 1.8 79.9 94.6 6.8
95.6 14.2 2.1 0.9 84.8 90.0 4.9
136.5 14.3 2.1 1.4 82.2 99.2 5.8
128.1 14.2 2.3 1.8 80.5 102.3 5.7
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
248
RWANDA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
970.7 970.7 970.7 813.7 0.0 512.0 157.0 0.0 0.0 0.0 0.0 0.0
1146.6 1146.6 1146.6 996.6 0.0 691.9 150.0 0.0 0.0 0.0 0.0 0.0
1414.5 1414.5 1414.5 1357.8 0.0 980.3 56.7 0.0 0.0 0.0 0.0 0.0
389.5 389.5 389.5 335.2 0.0 168.5 54.3 0.0 0.0 0.0 0.0 0.0
565.9 565.9 565.9 467.3 0.0 203.8 98.6 0.0 0.0 0.0 0.0 0.0
645.7 645.7 645.7 562.0 0.0 241.7 83.7 0.0 0.0 0.0 0.0 0.0
723.5 723.5 723.5 615.3 0.0 254.2 108.3 0.0 0.0 0.0 0.0 0.0
765.6 765.6 765.6 639.3 0.0 259.4 126.3 0.0 0.0 0.0 0.0 0.0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
54.0 54.0 54.0 54.0 0.0 34.8 0.0 0.0 0.0 0.0 0.0 0.0
39.8 39.8 39.8 39.8 0.0 37.2 0.0 0.0 0.0 0.0 0.0 0.0
84.8 84.8 84.8 84.8 0.0 46.8 0.0 0.0 0.0 0.0 0.0 0.0
64.5 64.5 64.5 64.5 0.0 37.0 0.0 0.0 0.0 0.0 0.0 0.0
82.3 82.3 82.3 70.9 0.0 27.6 11.4 0.0 0.0 0.0 0.0 0.0
110.5 110.5 110.5 101.4 0.0 40.5 9.1 0.0 0.0 0.0 0.0 0.0
84.8 84.8 84.8 58.5 0.0 10.5 26.4 0.0 0.0 0.0 0.0 0.0
61.4 61.4 61.4 43.1 0.0 9.8 18.3 0.0 0.0 0.0 0.0 0.0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
11.4 11.4 11.4 11.2 0.0 5.8 0.2 0.0 0.0 0.0 0.0 0.0
13.1 13.1 13.1 10.8 0.0 6.3 2.3 0.0 0.0 0.0 0.0 0.0
13.2 13.2 13.2 8.2 0.0 0.2 5.0 0.0 0.0 0.0 0.0 0.0
17.8 17.8 17.8 12.6 0.0 0.0 5.1 0.0 0.0 0.0 0.0 0.0
16.2 16.2 16.2 10.9 0.0 0.0 5.2 0.0 0.0 0.0 0.0 0.0
8.6 8.6 8.6 8.2 0.0 0.0 0.4 0.0 0.0 0.0 0.0 0.0
5.3 5.3 5.3 4.9 0.0 0.0 0.4 0.0 0.0 0.0 0.0 0.0
8.2 8.2 8.2 7.0 0.0 0.5 1.2 0.0 0.0 0.0 0.0 0.0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8.3 8.3 8.3 8.3 0.0 6.7 0.0 0.0 0.0 0.0 0.0 0.0
8.5 8.5 8.5 7.5 0.0 5.1 1.0 0.0 0.0 0.0 0.0 0.0
10.2 10.2 10.2 9.3 0.0 5.6 0.9 0.0 0.0 0.0 0.0 0.0
7.9 7.9 7.9 6.8 0.0 2.3 1.0 0.0 0.0 0.0 0.0 0.0
6.5 6.5 6.5 5.4 0.0 1.5 1.1 0.0 0.0 0.0 0.0 0.0
5.5 5.5 5.5 4.4 0.0 1.7 1.1 0.0 0.0 0.0 0.0 0.0
5.8 5.8 5.8 4.2 0.0 1.8 1.6 0.0 0.0 0.0 0.0 0.0
6.0 6.0 6.0 4.3 0.0 1.9 1.7 0.0 0.0 0.0 0.0 0.0
76.7 52.6
-21.3 24.3
-145.7 66.6
-1095.9 52.3
171.6 62.6
78.2 110.5
86.1 88.1
45.6 57.0
6.1 0.0 0.0
6.8 0.3 0.0
8.0 103.5 0.0
14.0 1215.5 0.0
0.1 0.6 0.0
0.0 29.5 0.0
0.0 4.6 0.0
0.0 4.2 0.0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
16.0 8.5
18.3 9.3
20.4 9.8
27.2 10.1
33.0 10.1
33.9 9.9
34.3 9.6
34.8 9.2
0.0 0.0
0.0 0.0
0.0 0.0
0.0 0.0
0.0 0.0
0.0 0.0
0.0 0.0
0.0 0.0
Notes: Data on long-term public and publicly guaranteed have been revised from 2008 based on reports provided by the country.
249
SAMOA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
160.0 160.0 160.0 0.0 0.0 0.0 0.0
137.7 137.7 137.7 0.0 0.0 0.0 0.0
167.5 167.5 167.5 0.0 0.0 0.0 0.0
163.7 163.7 163.7 0.0 0.0 0.0 0.0
185.9 185.9 185.9 0.0 0.0 0.0 0.0
205.6 205.6 205.6 0.0 0.0 0.0 0.0
235.5 226.4 226.4 0.0 9.1 0.0 0.0
308.0 299.1 299.1 0.0 8.9 0.0 0.0
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
0.0 160.0 0.0 0.1
0.0 137.7 0.0 11.8
0.0 167.5 0.0 4.8
0.0 163.7 0.0 8.5
0.0 185.9 0.0 91.3
0.0 205.6 0.0 48.8
0.0 226.4 0.0 0.0
0.0 299.1 0.0 79.4
External debt flows Disbursements Long-term external debt IMF purchases
6.8 6.8 0.0
6.7 6.7 0.0
10.4 10.4 0.0
7.3 7.3 0.0
17.8 17.8 0.0
25.5 25.5 0.0
34.1 25.2 8.9
78.9 78.9 0.0
Principal repayments Long-term external debt IMF repurchases
3.0 3.0 0.0
4.2 4.2 0.0
4.3 4.3 0.0
4.9 4.9 0.0
5.3 5.3 0.0
6.0 6.0 0.0
6.0 6.0 0.0
7.2 7.2 0.0
Net flows Long-term external debt Short-term external debt
3.8 3.8 0.0
2.5 2.5 0.0
6.1 6.1 0.0
2.4 2.4 0.0
12.6 12.6 0.0
19.6 19.6 0.0
28.1 19.2 0.0
71.6 71.6 0.0
Interest payments Long-term external debt IMF charges Short-term external debt
1.6 1.6 0.0 0.0
1.3 1.3 0.0 0.0
1.5 1.5 0.0 0.0
2.1 2.1 0.0 0.0
1.6 1.6 0.0 0.0
2.1 2.1 0.0 0.0
2.5 2.5 0.0 0.0
3.3 3.3 0.0 0.0
3.4 ..
-1.5 ..
-3.0 ..
20.7 ..
6.8 ..
45.9 ..
9.9 ..
0.7 ..
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 0.0 0.0 0.0 36.6
.. 0.0 0.0 0.0 41.0
1.7 0.0 0.0 0.0 43.7
1.7 0.0 0.0 0.0 48.5
1.4 0.0 0.0 0.0 45.7
0.9 0.0 0.0 0.0 41.1
0.8 0.7 0.0 0.0 36.8
0.4 2.7 0.0 0.0 33.7
0.0 20.5 8.5
1.1 35.1 9.0
3.8 19.6 5.1
1.4 31.4 7.9
1.1 28.8 8.5
0.8 22.9 5.9
0.0 0.0 0.0
1.4 29.1 8.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
193.7 69.1 41.0 119.9 .. 9.3 55.3
245.6 .. 45.0 .. .. .. 63.7
388.2 131.3 109.9 263.3 7.7 -25.2 81.8
432.8 149.7 108.0 293.2 13.8 -47.8 80.7
479.9 190.0 119.8 344.4 37.9 -41.6 95.4
561.5 193.8 135.0 372.1 50.5 -53.5 87.1
480.8 181.5 131.4 318.4 27.4 -9.3 165.8
543.8 201.7 143.4 391.2 17.5 -57.9 209.4
231.6 82.6 6.6 .. 93.1 34.6 5.5
.. 56.1 .. .. 93.9 46.2 ..
127.5 43.1 4.4 .. 92.6 48.8 3.7
109.4 37.8 4.6 .. 99.8 49.3 3.3
97.8 38.7 3.6 .. 95.1 51.3 3.3
106.1 36.6 4.2 .. 85.6 42.4 2.8
129.8 49.0 4.7 .. 76.5 70.4 6.3
152.7 56.6 5.2 .. 71.2 68.0 6.4
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
250
SAMOA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
160.0 160.0 160.0 149.1 0.0 44.7 11.0 0.0 0.0 0.0 0.0 0.0
137.7 137.7 137.7 129.3 0.0 47.3 8.4 0.0 0.0 0.0 0.0 0.0
167.5 167.5 167.5 155.0 0.0 64.2 12.5 0.0 0.0 0.0 0.0 0.0
163.7 163.7 163.7 163.4 0.0 69.3 0.3 0.0 0.0 0.0 0.0 0.0
185.9 185.9 185.9 176.8 0.0 77.7 9.1 0.0 0.0 0.0 0.0 0.0
205.6 205.6 205.6 176.0 0.0 79.0 29.6 0.0 0.0 0.0 0.0 0.0
226.4 226.4 226.4 180.1 0.0 79.9 46.3 0.0 0.0 0.0 0.0 0.0
299.1 299.1 299.1 219.2 0.0 99.3 79.9 0.0 0.0 0.0 0.0 0.0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
6.8 6.8 6.8 6.6 0.0 0.7 0.2 0.0 0.0 0.0 0.0 0.0
6.7 6.7 6.7 6.7 0.0 5.7 0.0 0.0 0.0 0.0 0.0 0.0
10.4 10.4 10.4 10.4 0.0 7.7 0.0 0.0 0.0 0.0 0.0 0.0
7.3 7.3 7.3 7.3 0.0 3.5 0.0 0.0 0.0 0.0 0.0 0.0
17.8 17.8 17.8 9.3 0.0 6.9 8.6 0.0 0.0 0.0 0.0 0.0
25.5 25.5 25.5 5.9 0.0 3.1 19.6 0.0 0.0 0.0 0.0 0.0
25.2 25.2 25.2 8.5 0.0 1.8 16.7 0.0 0.0 0.0 0.0 0.0
78.9 78.9 78.9 47.7 0.0 21.9 31.1 0.0 0.0 0.0 0.0 0.0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
3.0 3.0 3.0 2.6 0.0 0.2 0.3 0.0 0.0 0.0 0.0 0.0
4.2 4.2 4.2 3.3 0.0 0.7 0.9 0.0 0.0 0.0 0.0 0.0
4.3 4.3 4.3 3.9 0.0 1.0 0.3 0.0 0.0 0.0 0.0 0.0
4.9 4.9 4.9 4.7 0.0 1.1 0.2 0.0 0.0 0.0 0.0 0.0
5.3 5.3 5.3 5.2 0.0 1.2 0.0 0.0 0.0 0.0 0.0 0.0
6.0 6.0 6.0 5.9 0.0 1.3 0.1 0.0 0.0 0.0 0.0 0.0
6.0 6.0 6.0 6.0 0.0 1.5 0.0 0.0 0.0 0.0 0.0 0.0
7.2 7.2 7.2 7.2 0.0 1.9 0.1 0.0 0.0 0.0 0.0 0.0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
1.6 1.6 1.6 1.5 0.0 0.3 0.1 0.0 0.0 0.0 0.0 0.0
1.3 1.3 1.3 1.2 0.0 0.3 0.0 0.0 0.0 0.0 0.0 0.0
1.5 1.5 1.5 1.5 0.0 0.6 0.0 0.0 0.0 0.0 0.0 0.0
2.1 2.1 2.1 2.1 0.0 0.5 0.0 0.0 0.0 0.0 0.0 0.0
1.6 1.6 1.6 1.6 0.0 0.6 0.0 0.0 0.0 0.0 0.0 0.0
2.1 2.1 2.1 1.8 0.0 0.6 0.3 0.0 0.0 0.0 0.0 0.0
2.5 2.5 2.5 1.7 0.0 0.6 0.8 0.0 0.0 0.0 0.0 0.0
3.3 3.3 3.3 1.7 0.0 0.6 1.6 0.0 0.0 0.0 0.0 0.0
5.5 3.8
-8.7 2.5
-7.3 6.1
-3.7 2.4
22.2 12.6
19.7 19.6
29.9 28.1
72.5 71.6
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 12.2 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
7.2 3.6
8.4 3.7
9.3 3.8
12.9 3.8
14.3 3.8
16.0 3.8
17.3 3.6
19.9 3.5
0.0 0.0
0.0 0.0
0.0 0.0
0.0 0.0
0.0 0.0
0.0 0.0
0.0 0.0
0.0 0.0
Notes: Short-term debt data are excluded since BIS data include debt liabilities of offshore centers located in the country. BIS short-term debt data for 2008, 2009, and 2010 are $1.1 billion, $1.2 billion, and $2.1 billion respectively.
251
SAO TOME AND PRINCIPE (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
245.7 231.8 231.8 0.0 0.8 13.0 6.0
304.0 278.3 278.3 0.0 2.5 23.3 11.3
334.7 317.1 317.1 0.0 3.2 14.4 14.4
350.6 331.4 331.4 0.0 4.1 15.1 14.1
165.2 143.5 143.5 0.0 2.6 19.2 8.2
130.8 108.7 108.7 0.0 3.8 18.2 8.2
148.8 125.0 125.0 0.0 4.5 19.4 8.4
170.2 145.3 145.3 0.0 4.9 19.9 5.9
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
27.2 231.8 0.0 0.0
47.7 278.3 0.0 18.2
55.8 317.1 0.0 0.0
69.6 331.4 0.0 0.0
71.6 143.5 0.0 5.0
66.0 108.7 0.0 3.9
63.9 120.0 5.0 10.0
67.7 140.3 5.0 66.3
External debt flows Disbursements Long-term external debt IMF purchases
13.0 13.0 0.0
11.9 9.4 2.5
6.1 5.4 0.6
3.9 2.7 1.2
5.5 4.2 1.3
6.6 5.2 1.3
19.4 18.8 0.6
20.3 19.8 0.6
Principal repayments Long-term external debt IMF repurchases
1.1 0.8 0.2
2.2 2.2 0.0
4.6 4.4 0.1
5.1 4.6 0.6
5.0 4.2 0.8
1.7 1.7 0.0
1.7 1.7 0.0
1.2 1.2 0.0
Net flows Long-term external debt Short-term external debt
12.9 12.2 1.0
9.7 7.2 0.0
1.5 1.0 0.0
-0.2 -1.9 1.0
10.5 -0.1 10.0
3.9 3.5 -1.0
18.7 17.1 1.0
22.1 18.6 3.0
Interest payments Long-term external debt IMF charges Short-term external debt
1.2 0.9 0.0 0.3
2.1 1.2 0.0 0.9
2.1 2.1 0.0 0.0
1.9 1.8 0.0 0.0
1.4 1.2 0.0 0.3
0.6 0.3 0.0 0.3
0.3 0.3 0.0 0.0
0.4 0.3 0.0 0.2
0.0 0.0
3.8 0.0
16.2 ..
27.5 ..
22.0 ..
56.7 ..
7.5 ..
3.0 ..
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 0.0 0.0 0.0 40.0
.. 0.0 0.0 4.7 43.7
6.2 0.0 0.0 5.2 45.0
6.6 0.0 0.0 5.3 44.8
3.8 0.0 0.0 13.4 64.7
4.5 0.0 0.0 18.7 53.7
3.8 0.0 0.0 16.8 58.8
14.9 0.0 0.0 15.8 50.8
0.0 0.0 0.0
0.9 39.4 10.1
0.0 0.0 0.0
0.0 0.0 0.0
4.6 20.0 8.0
0.8 22.8 7.0
0.0 29.8 5.8
1.9 29.9 9.9
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
.. .. .. .. 0.0 .. 5.1
.. 16.8 0.5 41.2 0.0 -20.1 11.6
111.8 17.9 1.5 57.6 .. -36.2 26.7
126.5 22.3 1.6 80.1 .. -57.7 34.2
149.6 20.3 2.0 85.8 .. -64.3 39.3
174.8 19.4 3.0 115.6 .. -93.5 ..
192.0 21.3 2.0 104.7 .. -78.8 ..
199.6 24.7 2.0 126.9 .. -99.6 ..
.. .. .. 5.3 61.9 2.1 ..
1806.6 .. 25.6 7.7 55.7 3.8 3.4
1868.5 299.3 37.0 4.3 59.0 8.0 5.6
1574.6 277.1 31.5 4.3 57.9 9.7 5.1
814.8 110.4 31.7 11.6 22.8 23.8 5.5
672.4 74.8 12.0 13.9 27.4 .. ..
699.0 77.5 9.7 13.0 24.7 .. ..
688.9 85.3 6.5 11.7 21.9 .. ..
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
252
SAO TOME AND PRINCIPE (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
231.8 231.8 231.8 152.0 0.0 53.6 79.9 0.0 0.0 0.0 0.0 0.0
278.3 278.3 278.3 169.3 0.0 58.9 109.0 0.0 0.0 0.0 0.0 0.0
317.1 317.1 317.1 197.4 0.0 72.4 119.7 0.0 0.0 0.0 0.0 0.0
331.4 331.4 331.4 203.2 0.0 76.4 128.3 0.0 0.0 0.0 0.0 0.0
143.5 143.5 143.5 37.7 0.0 10.7 105.8 0.0 0.0 0.0 0.0 0.0
108.7 108.7 108.7 35.9 0.0 13.3 72.9 0.0 0.0 0.0 0.0 0.0
125.0 125.0 125.0 36.7 0.0 14.4 88.3 0.0 0.0 0.0 0.0 0.0
145.3 145.3 145.3 37.3 0.0 14.2 108.0 0.0 0.0 0.0 0.0 0.0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
13.0 13.0 13.0 13.0 0.0 5.6 0.0 0.0 0.0 0.0 0.0 0.0
9.4 9.4 9.4 8.4 0.0 1.7 1.0 0.0 0.0 0.0 0.0 0.0
5.4 5.4 5.4 5.4 0.0 2.5 0.0 0.0 0.0 0.0 0.0 0.0
2.7 2.7 2.7 2.7 0.0 1.9 0.0 0.0 0.0 0.0 0.0 0.0
4.2 4.2 4.2 4.2 0.0 2.6 0.0 0.0 0.0 0.0 0.0 0.0
5.2 5.2 5.2 5.2 0.0 2.7 0.0 0.0 0.0 0.0 0.0 0.0
18.8 18.8 18.8 3.8 0.0 1.0 15.0 0.0 0.0 0.0 0.0 0.0
19.8 19.8 19.8 2.3 0.0 0.1 17.4 0.0 0.0 0.0 0.0 0.0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
0.8 0.8 0.8 0.8 0.0 0.1 0.0 0.0 0.0 0.0 0.0 0.0
2.2 2.2 2.2 1.9 0.0 0.5 0.3 0.0 0.0 0.0 0.0 0.0
4.4 4.4 4.4 2.1 0.0 0.1 2.4 0.0 0.0 0.0 0.0 0.0
4.6 4.6 4.6 3.8 0.0 0.1 0.8 0.0 0.0 0.0 0.0 0.0
4.2 4.2 4.2 4.2 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
1.7 1.7 1.7 1.7 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
1.7 1.7 1.7 1.4 0.0 0.0 0.3 0.0 0.0 0.0 0.0 0.0
1.2 1.2 1.2 1.2 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
0.9 0.9 0.9 0.8 0.0 0.3 0.1 0.0 0.0 0.0 0.0 0.0
1.2 1.2 1.2 1.2 0.0 0.5 0.0 0.0 0.0 0.0 0.0 0.0
2.1 2.1 2.1 1.4 0.0 0.5 0.7 0.0 0.0 0.0 0.0 0.0
1.8 1.8 1.8 1.5 0.0 0.4 0.3 0.0 0.0 0.0 0.0 0.0
1.2 1.2 1.2 1.2 0.0 0.1 0.0 0.0 0.0 0.0 0.0 0.0
0.3 0.3 0.3 0.3 0.0 0.1 0.0 0.0 0.0 0.0 0.0 0.0
0.3 0.3 0.3 0.3 0.0 0.1 0.0 0.0 0.0 0.0 0.0 0.0
0.3 0.3 0.3 0.3 0.0 0.1 0.0 0.0 0.0 0.0 0.0 0.0
22.9 12.9
-16.9 9.7
-25.4 1.5
15.9 -0.2
-185.4 10.5
-34.4 3.9
18.0 18.7
21.4 22.1
30.3 0.0 0.0
7.2 11.4 0.0
0.0 2.9 0.0
0.0 1.4 0.0
0.0 196.2 0.0
0.0 42.1 0.0
0.0 2.0 0.0
0.0 0.0 0.0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
4.3 0.8
4.3 0.8
4.3 0.8
3.9 0.7
4.6 0.7
2.6 0.7
2.6 0.7
2.7 0.7
0.0 0.0
0.0 0.0
0.0 0.0
0.0 0.0
0.0 0.0
0.0 0.0
0.0 0.0
0.0 0.0
Notes: Data for 2010 include the effects of HIPC debt reliefs in the amount of $37 thousand.
253
SENEGAL (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
3,916 3,309 3,266 44 347 260 9
3,622 3,221 3,208 13 255 146 1
3,831 3,646 3,505 141 148 36 0
1,905 1,794 1,644 151 26 84 0
2,553 2,193 1,993 200 27 332 0
2,820 2,559 2,378 180 64 197 0
3,499 3,314 2,957 357 167 18 0
3,677 3,464 3,155 308 213 0 0
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
51 3,234 76 333
17 3,208 13 241
10 3,505 141 327
18 1,644 151 534
15 1,993 200 294
5 2,378 180 567
5 2,957 357 774
6 3,155 308 309
External debt flows Disbursements Long-term external debt IMF purchases
256 173 83
156 137 19
387 382 5
280 259 20
497 497 0
560 522 38
935 835 100
485 436 49
Principal repayments Long-term external debt IMF repurchases
196 156 41
148 127 21
145 112 34
111 111 0
126 126 0
125 125 0
148 148 0
227 227 1
Net flows Long-term external debt Short-term external debt
87 17 28
-153 10 -161
242 270 0
217 149 48
619 371 248
300 397 -135
608 688 -179
240 209 -18
Interest payments Long-term external debt IMF charges Short-term external debt
87 70 3 14
76 58 1 17
57 55 1 2
74 70 0 4
63 50 0 12
55 49 0 6
52 50 0 1
75 75 0 0
32 4
63 -2
45 -6
220 0
297 8
398 -93
208 ..
237 ..
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 3.6 0.1 0.5 35.8
.. 3.5 0.1 0.2 45.0
10.9 2.7 0.0 0.0 59.4
8.8 5.2 0.0 0.0 40.2
9.9 0.0 0.0 0.0 40.9
15.9 0.2 0.0 0.0 36.9
17.7 0.2 0.0 0.0 39.5
18.8 0.2 0.0 0.0 38.3
1.2 37.6 9.1
0.8 40.1 9.9
1.2 34.0 7.6
0.9 33.9 8.5
1.9 23.5 5.8
2.7 23.4 6.7
1.2 34.7 8.4
1.0 36.0 9.4
0.0 0.0 0.0
3.0 9.3 2.8
0.0 0.0 0.0
6.3 9.0 0.4
0.0 0.0 0.0
0.0 0.0 0.0
8.8 5.0 5.0
0.0 0.0 0.0
4,724 1,593 146 2,033 62 -244 272
4,601 1,383 233 1,929 75 -332 388
8,546 2,451 789 3,880 62 -676 1,186
9,290 2,522 925 4,220 70 -861 1,334
11,238 3,013 1,192 5,614 78 -1,312 1,660
13,163 3,736 1,476 7,304 123 -1,884 1,602
12,747 .. 1,365 .. .. .. 2,123
12,900 .. 1,346 .. .. .. 2,047
245.8 82.9 17.8 6.6 48.2 6.9 1.6
261.9 78.7 16.2 4.0 52.8 10.7 2.4
156.3 44.8 8.3 0.9 73.5 31.0 3.7
75.5 20.5 7.3 4.4 51.7 70.1 3.8
84.7 22.7 6.3 13.0 54.1 65.0 3.5
75.5 21.4 4.8 7.0 55.1 56.8 2.6
.. 27.4 .. 0.5 51.6 60.7 ..
.. 28.5 .. 0.0 53.7 55.7 ..
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
254
SENEGAL (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
3,309 3,266 3,194 1,889 35 1,126 1,305 72 0 66 44 0
3,221 3,208 3,203 1,913 1 1,330 1,291 5 0 5 13 0
3,646 3,505 3,496 2,816 0 2,045 680 9 0 9 141 0
1,794 1,644 1,632 985 0 495 648 11 0 11 151 0
2,193 1,993 1,986 1,382 0 652 604 7 0 7 200 0
2,559 2,378 2,374 1,553 0 780 821 4 0 4 180 0
3,314 2,957 2,755 1,806 0 921 949 202 200 2 357 0
3,464 3,155 2,955 1,976 0 1,017 979 200 200 0 308 0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
173 172 172 144 0 107 28 0 0 0 1 0
137 136 131 119 0 92 12 5 0 5 1 0
382 333 333 262 0 182 71 0 0 0 49 0
259 225 220 193 0 131 28 4 0 4 35 0
497 472 472 395 0 133 78 0 0 0 24 0
522 518 518 243 0 135 275 0 0 0 4 0
835 627 427 264 0 137 162 200 200 0 208 0
436 353 353 250 0 113 103 0 0 0 83 0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
156 150 129 98 12 6 31 21 0 12 5 0
127 125 124 68 3 11 57 0 0 0 3 0
112 83 81 40 0 12 41 2 0 2 29 0
111 96 94 49 0 7 45 3 0 3 14 0
126 72 67 38 0 0 30 4 0 4 54 0
125 86 84 44 0 1 40 3 0 3 39 0
148 98 96 60 0 2 35 3 0 3 49 0
227 82 80 45 0 4 35 2 0 2 144 0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
70 69 65 38 3 8 27 3 0 2 1 0
58 58 58 26 0 8 32 0 0 0 0 0
55 45 44 31 0 16 13 1 0 1 10 0
70 61 60 49 0 10 11 1 0 1 9 0
50 34 33 25 0 5 9 1 0 1 16 0
49 36 36 23 0 5 12 0 0 0 13 0
50 41 41 22 0 6 19 0 0 0 9 0
75 64 46 22 0 7 24 18 18 0 11 0
218 87
-346 -153
-75 242
-1,926 217
648 619
267 300
679 608
178 240
258 27 0
0 24 0
31 49 0
262 2,442 0
4 146 0
2 3 0
0 0 0
0 23 0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
162 46
173 44
176 42
135 39
145 38
152 37
156 35
157 33
62 22
62 21
62 20
262 19
62 1
0 0
0 0
0 0
Notes: Senegal was granted debt relief effective in 2006 under MDRI.
255
SERBIA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
10,785 8,562 6,788 1,773 84 2,139 1,396
11,499 6,789 6,178 611 152 4,558 3,668
16,078 12,970 7,756 5,214 866 2,242 728
19,801 17,560 7,752 9,808 0 2,241 584
26,122 23,873 8,469 15,404 0 2,249 703
30,406 26,719 8,399 18,320 0 3,687 704
33,111 27,910 8,835 19,076 1,601 3,600 712
32,222 27,389 9,477 17,912 2,034 2,798 352
4,182 6,693 1,869 0
5,275 6,095 694 71
805 7,756 5,214 350
732 7,752 9,808 668
1,250 8,463 15,410 511
1,625 8,376 18,343 433
1,832 8,780 19,130 2,510
1,976 9,370 18,019 2,232
External debt flows Disbursements Long-term external debt IMF purchases
0 0 0
376 222 154
3,088 2,904 185
5,283 5,283 0
6,661 6,661 0
6,996 6,996 0
6,104 4,529 1,575
5,052 4,594 458
Principal repayments Long-term external debt IMF repurchases
0 0 0
73 0 73
776 570 206
1,558 1,319 239
2,334 2,334 0
3,486 3,486 0
3,613 3,613 0
3,431 3,431 0
Net flows Long-term external debt Short-term external debt
120 0 120
51 222 -252
2,827 2,334 515
3,868 3,964 143
4,216 4,328 -112
4,948 3,511 1,437
2,396 916 -95
1,178 1,163 -442
Interest payments Long-term external debt IMF charges Short-term external debt
47 0 0 47
47 0 29 18
456 367 32 57
589 504 6 79
898 840 0 59
1,249 1,136 0 113
1,032 916 7 110
873 759 21 93
45 ..
52 ..
2,051 ..
4,968 ..
3,432 772
2,996 -57
1,936 22
1,340 84
1. Summary external debt data External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 2.2 0.7 3.6 19.8
.. 2.0 0.5 2.8 24.6
32.3 1.2 0.2 1.9 62.5
35.5 1.2 0.2 3.4 57.7
37.8 1.1 0.1 3.2 55.3
37.6 1.4 0.1 3.1 55.0
42.4 1.2 0.1 2.8 50.6
46.6 1.2 0.1 2.9 46.3
0.0 0.0 0.0
0.4 23.2 7.8
1.7 17.6 6.6
4.1 16.6 3.8
5.0 18.6 6.3
3.7 22.0 6.6
1.3 20.9 5.9
2.3 15.1 4.0
0.0 0.0 0.0
7.8 6.4 1.9
0.0 0.0 0.0
4.1 7.1 7.1
0.0 0.0 0.0
5.0 2.0 2.0
0.0 0.0 0.0
4.9 5.3 1.4
.. .. .. .. .. .. ..
6,082 .. .. .. .. .. 517
24,910 .. .. .. .. .. 5,842
28,806 .. .. .. .. .. 11,889
38,555 12,579 3,064 23,401 596 -6,890 14,214
47,501 15,792 2,710 29,927 890 -10,395 11,478
40,965 12,544 3,936 20,348 451 -2,867 15,228
38,235 13,933 3,351 21,169 552 -2,819 13,308
.. .. .. 19.8 12.2 .. ..
.. 189.1 .. 39.6 12.5 4.5 ..
.. 64.5 .. 13.9 22.1 36.3 ..
.. 68.7 .. 11.3 20.0 60.0 ..
207.7 67.8 25.7 8.6 17.2 54.4 7.3
192.5 64.0 30.0 12.1 15.0 37.7 4.6
264.0 80.8 37.0 10.9 13.3 46.0 9.0
231.3 84.3 30.9 8.7 15.0 41.3 7.5
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
256
SERBIA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
8,562 6,788 4,588 1,311 1,252 0 3,277 2,200 0 2,193 1,773 0
6,789 6,178 4,243 1,440 1,097 0 2,803 1,935 0 1,928 611 0
12,970 7,756 6,679 3,559 2,147 486 3,119 1,077 0 1,076 5,214 0
17,560 7,752 6,622 3,958 2,127 553 2,664 1,129 0 1,128 9,808 0
23,873 8,469 7,289 4,504 2,326 625 2,786 1,180 0 1,179 15,404 165
26,719 8,399 7,223 4,554 2,276 655 2,669 1,175 0 1,174 18,320 165
27,910 8,835 7,660 4,404 1,783 676 3,256 1,175 0 1,174 19,076 165
27,389 9,477 8,144 4,848 1,818 681 3,296 1,332 0 1,331 17,912 165
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
0 0 0 0 0 0 0 0 0 0 0 0
222 222 187 0 0 0 187 35 0 0 0 0
2,904 311 311 286 0 85 25 0 0 0 2,593 0
5,283 456 406 392 0 43 14 50 0 50 4,828 0
6,661 316 275 241 0 47 34 41 0 41 6,345 165
6,996 294 291 278 0 34 13 3 0 3 6,703 0
4,529 966 966 416 56 17 550 0 0 0 3,562 0
4,594 1,365 1,126 885 243 16 241 239 0 239 3,230 0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0
570 48 48 31 17 0 16 0 0 0 522 0
1,319 278 278 264 242 0 13 0 0 0 1,041 0
2,334 184 184 91 17 0 93 0 0 0 2,149 0
3,486 181 180 118 22 0 62 1 0 1 3,305 0
3,613 158 154 87 0 0 67 4 0 4 3,454 0
3,431 351 275 176 71 0 98 76 0 76 3,081 0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0
367 237 194 134 99 4 60 44 0 44 129 0
504 264 219 143 106 4 76 45 0 45 240 0
840 415 369 174 112 5 195 46 0 46 425 7
1,136 354 328 186 96 5 142 26 0 26 782 10
916 348 303 175 98 5 128 45 0 45 568 10
759 321 241 113 44 5 128 80 0 80 438 10
-315 120
599 51
1,604 2,827
3,722 3,868
6,322 4,216
4,284 4,948
2,705 2,396
-890 1,178
0 0 0
0 0 0
8 59 0
0 610 0
0 14 0
0 0 0
205 0 0
0 0 0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
403 200
503 211
622 212
688 208
756 198
797 186
751 171
789 156
4,054 638
3,140 524
2,580 435
2,279 338
1,684 251
1,306 171
566 125
551 97
Notes: Beginning 2006, the DRS data for Serbia exclude Montenegro. Short-term debt is based on Central Bank data.
257
SEYCHELLES (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
198 185 185 0 0 13 2
304 220 220 0 0 84 5
671 398 398 0 0 273 57
1,097 504 504 0 0 593 48
1,410 626 626 0 0 784 60
1,501 650 650 0 9 842 78
1,723 736 736 0 19 968 110
1,510 498 498 0 31 980 24
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
20 185 0 9
21 220 0 32
116 398 0 56
101 504 0 248
113 626 0 141
114 650 0 104
234 736 0 40
45 498 0 25
External debt flows Disbursements Long-term external debt IMF purchases
17 17 0
38 38 0
59 59 0
211 211 0
151 151 0
94 84 10
43 34 9
62 49 13
Principal repayments Long-term external debt IMF repurchases
16 16 0
10 10 0
41 41 0
124 124 0
46 46 0
53 53 0
43 43 0
9 9 0
Net flows Long-term external debt Short-term external debt
-9 1 -10
71 29 42
180 18 162
416 87 329
284 105 179
81 31 40
93 -10 94
151 40 98
Interest payments Long-term external debt IMF charges Short-term external debt
8 7 0 1
11 7 0 4
18 11 0 7
53 29 0 24
64 28 0 36
39 21 0 18
18 8 0 10
40 28 0 12
46 0
24 0
86 ..
146 ..
249 ..
241 ..
275 ..
369 ..
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 0.0 7.8 6.0 14.1
.. 2.1 6.5 4.5 35.6
13.7 1.8 4.2 2.9 55.3
12.9 1.2 3.7 2.5 67.7
23.1 1.0 2.8 2.0 61.5
20.0 1.2 2.0 2.1 65.8
29.7 1.0 3.5 1.9 55.4
22.6 0.0 2.2 0.0 60.4
4.3 18.2 4.7
3.3 12.3 2.4
2.0 14.4 4.8
4.9 14.0 3.8
4.2 11.2 5.0
2.0 13.8 3.0
1.4 21.4 6.7
2.4 25.2 10.2
0.0 0.0 0.0
4.4 9.2 2.5
6.1 5.9 0.9
9.1 5.1 4.6
2.8 3.4 2.1
5.1 2.8 0.4
7.1 5.1 0.2
2.5 18.4 6.9
489 345 1 350 14 1 27
583 492 3 545 8 -43 44
844 729 12 935 20 -174 56
924 861 13 1,038 25 -134 113
955 874 11 1,187 29 -264 41
836 979 8 1,449 46 -407 64
702 841 12 1,152 48 -253 191
855 845 11 1,354 52 -484 236
57.4 40.5 6.9 6.6 31.9 13.7 0.9
61.7 52.1 4.2 27.7 19.0 14.4 1.0
92.0 79.5 8.0 40.7 10.7 8.4 0.7
127.5 118.7 20.6 54.1 3.8 10.3 1.3
161.4 147.7 12.6 55.6 3.6 2.9 0.4
153.3 179.5 9.4 56.1 2.9 4.3 0.5
204.9 245.5 7.3 56.2 2.6 11.1 2.0
178.7 176.7 5.7 64.9 4.9 15.6 2.1
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
258
SEYCHELLES (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
185 185 149 63 5 0 85 36 0 22 0 0
220 220 159 58 3 0 101 61 0 50 0 0
398 398 224 72 2 0 152 175 0 86 0 0
504 504 207 42 0 0 165 297 200 73 0 0
626 626 210 51 0 0 159 416 311 85 0 0
650 650 196 44 0 0 152 453 305 135 0 0
736 736 300 45 0 0 255 436 307 115 0 0
498 498 248 74 17 0 174 250 169 67 0 0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
17 17 17 9 1 0 7 0 0 0 0 0
38 38 19 7 0 0 12 19 0 19 0 0
59 59 8 5 0 0 3 51 0 48 0 0
211 211 6 3 0 0 3 204 200 4 0 0
151 151 11 11 0 0 0 140 105 35 0 0
84 84 4 0 0 0 4 80 0 80 0 0
34 34 25 16 0 0 9 9 0 9 0 0
49 49 33 33 18 0 0 16 0 16 0 0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
16 16 7 4 1 0 3 9 0 5 0 0
10 10 5 2 1 0 3 5 0 2 0 0
41 41 11 2 1 0 9 30 0 14 0 0
124 124 42 36 2 0 6 82 0 17 0 0
46 46 20 4 0 0 16 26 0 23 0 0
53 53 15 6 0 0 8 38 2 31 0 0
43 43 18 16 0 0 2 25 0 25 0 0
9 9 6 3 0 0 3 3 0 3 0 0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
7 7 5 4 0 0 1 2 0 1 0 0
7 7 2 1 0 0 1 5 0 4 0 0
11 11 3 1 0 0 2 8 0 4 0 0
29 29 22 20 0 0 2 7 0 2 0 0
28 28 3 2 0 0 1 25 19 5 0 0
21 21 4 2 0 0 1 18 10 7 0 0
8 8 4 2 0 0 2 4 0 4 0 0
28 28 2 1 0 0 1 26 20 5 0 0
-2 -9
52 71
227 180
426 416
312 284
92 81
221 93
-213 151
0 0 0
0 0 0
26 7 0
7 0 0
0 0 0
4 0 0
103 8 0
243 192 0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
14 3
14 2
17 2
21 2
17 2
17 2
16 1
15 1
3 6
6 6
8 6
8 6
8 6
17 6
25 5
22 5
259
SIERRA LEONE (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
1219.6 1027.7 1027.7 0.0 164.9 26.9 6.9
1189.8 972.8 972.8 0.0 173.6 43.5 36.3
1750.8 1538.2 1538.2 0.0 192.1 20.6 10.6
1473.9 1428.4 1428.4 0.0 34.8 10.7 10.7
523.6 482.1 482.1 0.0 36.5 5.1 0.1
607.1 544.9 544.9 0.0 53.2 9.0 0.0
701.0 604.8 604.8 0.0 73.2 23.0 0.0
778.0 660.9 660.9 0.0 113.0 4.1 0.1
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
107.6 943.6 84.1 47.7
66.0 972.8 0.0 65.0
246.4 1538.2 0.0 42.6
249.6 1428.4 0.0 48.2
220.0 482.1 0.0 64.9
219.7 544.9 0.0 67.2
219.5 604.8 0.0 92.1
219.5 660.9 0.0 95.6
External debt flows Disbursements Long-term external debt IMF purchases
114.8 95.0 19.8
90.3 76.6 13.7
71.4 50.7 20.7
40.3 26.9 13.4
31.4 31.4 0.0
87.0 68.9 18.0
81.0 62.2 18.8
109.3 66.5 42.8
Principal repayments Long-term external debt IMF repurchases
60.1 56.6 3.5
34.9 9.6 25.2
7.3 4.8 2.4
12.3 7.8 4.5
5.1 5.1 0.0
2.4 2.4 0.0
3.4 3.4 0.0
7.0 4.9 2.1
Net flows Long-term external debt Short-term external debt
54.7 38.4 0.0
56.8 66.9 1.4
54.2 45.9 -10.0
18.0 19.1 -10.0
31.4 26.4 5.0
88.5 66.5 4.0
91.6 58.8 14.0
83.3 61.6 -19.0
Interest payments Long-term external debt IMF charges Short-term external debt
22.0 19.8 0.8 1.4
11.8 8.9 2.5 0.4
10.3 9.1 0.9 0.4
11.3 10.4 1.0 0.0
4.7 4.4 0.2 0.1
3.3 2.9 0.2 0.2
4.5 3.7 0.3 0.5
4.1 4.0 0.0 0.1
7.3 0.0
39.0 0.0
83.2 ..
58.8 ..
96.6 ..
57.6 ..
74.3 5.6
86.6 ..
1. Summary external debt data External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 7.6 0.5 2.9 41.0
.. 7.1 0.6 2.2 44.9
10.4 7.4 0.3 1.5 55.0
8.8 7.9 0.3 1.8 53.0
5.2 0.0 0.0 0.1 68.3
3.9 0.0 0.0 0.0 64.5
3.2 0.0 0.0 0.0 63.9
2.4 0.0 0.0 0.0 64.3
0.6 32.6 7.8
0.8 39.8 10.3
1.0 34.1 8.5
1.2 25.5 8.4
1.1 21.8 5.5
1.0 31.9 9.2
1.4 29.7 8.9
0.8 32.5 8.6
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
818.5 129.0 23.7 290.3 11.3 -118.1 34.6
616.1 62.5 7.1 262.4 1.8 -112.3 49.2
1176.0 267.2 2.4 509.3 41.2 -104.9 170.5
1364.2 316.7 15.6 489.0 27.3 -95.0 183.9
1629.1 377.5 42.0 641.0 121.8 -160.1 216.6
1915.7 352.6 27.5 689.1 76.0 -225.4 220.2
1856.4 339.8 46.8 681.3 39.0 -193.8 405.0
1905.0 432.6 57.5 937.7 46.2 -320.1 409.0
945.2 149.0 63.6 2.2 35.6 2.8 1.4
1904.6 193.1 74.8 3.7 48.4 4.1 2.3
655.3 148.9 6.6 1.2 49.3 9.7 4.0
465.4 108.0 7.5 0.7 57.8 12.5 4.5
138.7 32.1 2.6 1.0 42.5 41.4 4.1
172.2 31.7 1.6 1.5 45.0 36.3 3.8
206.3 37.8 2.3 3.3 46.0 57.8 7.1
179.9 40.8 2.6 0.5 47.7 52.6 5.2
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
260
SIERRA LEONE (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
1027.7 1027.7 935.5 433.6 2.9 231.3 501.9 92.2 0.0 0.0 0.0 0.0
972.8 972.8 967.5 576.0 0.0 353.7 391.5 5.3 0.0 0.0 0.0 0.0
1538.2 1538.2 1325.5 863.6 0.0 558.6 461.9 212.7 0.0 211.1 0.0 0.0
1428.4 1428.4 1217.2 852.1 0.0 533.5 365.1 211.2 0.0 211.1 0.0 0.0
482.1 482.1 271.0 222.7 0.0 83.6 48.3 211.1 0.0 211.1 0.0 0.0
544.9 544.9 333.8 273.0 0.0 108.4 60.8 211.1 0.0 211.1 0.0 0.0
604.8 604.8 393.7 322.3 0.0 124.3 71.4 211.1 0.0 211.1 0.0 0.0
660.9 660.9 449.8 371.2 0.0 154.6 78.5 211.1 0.0 211.1 0.0 0.0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
95.0 95.0 95.0 87.3 0.0 44.0 7.7 0.0 0.0 0.0 0.0 0.0
76.6 76.6 76.6 74.4 0.0 70.1 2.2 0.0 0.0 0.0 0.0 0.0
50.7 50.7 50.7 49.5 0.0 18.7 1.3 0.0 0.0 0.0 0.0 0.0
26.9 26.9 26.9 25.5 0.0 16.3 1.4 0.0 0.0 0.0 0.0 0.0
31.4 31.4 31.4 27.5 0.0 14.2 3.9 0.0 0.0 0.0 0.0 0.0
68.9 68.9 68.9 55.6 0.0 25.7 13.4 0.0 0.0 0.0 0.0 0.0
62.2 62.2 62.2 51.0 0.0 15.1 11.2 0.0 0.0 0.0 0.0 0.0
66.5 66.5 66.5 59.4 0.0 32.1 7.1 0.0 0.0 0.0 0.0 0.0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
56.6 56.6 28.2 3.5 0.5 1.6 24.7 28.4 0.0 28.4 0.0 0.0
9.6 9.6 9.6 7.5 0.3 1.8 2.2 0.0 0.0 0.0 0.0 0.0
4.8 4.8 4.8 1.8 0.0 0.2 3.1 0.0 0.0 0.0 0.0 0.0
7.8 7.8 7.8 5.0 0.0 0.4 2.8 0.0 0.0 0.0 0.0 0.0
5.1 5.1 5.1 2.5 0.0 0.0 2.5 0.0 0.0 0.0 0.0 0.0
2.4 2.4 2.4 1.3 0.0 0.0 1.2 0.0 0.0 0.0 0.0 0.0
3.4 3.4 3.4 2.0 0.0 0.0 1.3 0.0 0.0 0.0 0.0 0.0
4.9 4.9 4.9 3.9 0.0 0.0 1.0 0.0 0.0 0.0 0.0 0.0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
19.8 19.8 19.8 2.9 0.3 1.6 16.9 0.0 0.0 0.0 0.0 0.0
8.9 8.9 8.9 3.5 0.0 2.3 5.4 0.0 0.0 0.0 0.0 0.0
9.1 9.1 9.1 5.9 0.0 3.5 3.1 0.0 0.0 0.0 0.0 0.0
10.4 10.4 10.4 6.5 0.0 3.5 3.9 0.0 0.0 0.0 0.0 0.0
4.4 4.4 4.4 2.8 0.0 0.6 1.6 0.0 0.0 0.0 0.0 0.0
2.9 2.9 2.9 2.2 0.0 0.7 0.7 0.0 0.0 0.0 0.0 0.0
3.7 3.7 3.7 2.6 0.0 0.8 1.1 0.0 0.0 0.0 0.0 0.0
4.0 4.0 4.0 2.8 0.0 0.9 1.1 0.0 0.0 0.0 0.0 0.0
-309.6 54.7
-70.8 56.8
123.2 54.2
-276.9 18.0
-950.3 31.4
83.4 88.5
93.9 91.6
77.0 83.3
29.3 329.4 29.4
0.4 0.0 0.0
4.7 34.2 0.0
4.6 256.2 0.0
8.8 958.7 0.0
8.1 7.0 0.0
11.6 3.6 0.0
0.0 3.5 0.0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
14.2 5.2
16.4 6.0
15.2 6.2
17.6 6.3
20.8 6.3
22.2 6.1
37.1 5.7
34.1 5.1
0.0 0.0
0.0 0.0
0.0 0.0
0.0 0.0
0.0 0.0
0.0 0.0
0.0 0.0
0.0 0.0
Notes: Data on public and publicly guaranteed debt owed to commercial banks are revised from 2005. Data include the effects of Paris Club debt restructuring agreement signed in 2007. Data for 2007 include the effects of MDRI and HIPC debt relief, in the amount of $526 million.
261
SOLOMON ISLANDS (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
158.7 149.1 100.3 48.8 0.0 9.7 8.4
155.4 152.1 120.7 31.5 0.0 3.2 1.8
166.5 151.2 144.2 7.0 0.0 15.3 12.3
173.5 157.9 150.9 7.0 0.0 15.6 13.6
177.3 173.9 148.1 25.9 0.0 3.4 3.4
165.9 162.8 137.1 25.8 0.0 3.1 3.1
155.9 154.4 132.9 21.5 0.0 1.5 1.5
215.5 201.9 125.3 76.6 9.6 4.0 4.0
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
11.4 100.3 48.8 12.3
3.3 120.7 31.5 4.0
11.4 144.2 7.0 0.4
13.7 150.9 7.0 0.6
13.0 148.1 25.9 0.0
9.4 137.1 25.8 0.0
8.9 132.9 21.5 0.0
9.1 125.3 76.6 0.0
External debt flows Disbursements Long-term external debt IMF purchases
11.8 11.8 0.0
3.4 3.4 0.0
5.7 5.7 0.0
5.1 5.1 0.0
24.5 24.5 0.0
1.1 1.1 0.0
13.7 13.7 0.0
46.4 36.8 9.5
Principal repayments Long-term external debt IMF repurchases
6.5 6.5 0.0
6.2 6.2 0.0
10.0 10.0 0.0
2.8 2.8 0.0
10.7 10.7 0.0
10.8 10.8 0.0
7.6 7.6 0.0
17.5 17.5 0.0
Net flows Long-term external debt Short-term external debt
4.5 5.3 -0.8
-4.4 -2.9 -1.5
-2.3 -4.3 2.0
1.2 2.2 -1.0
11.8 13.8 -2.0
-9.7 -9.7 0.0
6.1 6.1 0.0
28.9 19.4 0.0
Interest payments Long-term external debt IMF charges Short-term external debt
1.6 1.5 0.0 0.1
2.9 2.7 0.0 0.1
4.0 3.9 0.0 0.1
1.5 1.3 0.0 0.2
3.3 3.2 0.0 0.1
4.3 4.3 0.0 0.0
2.4 2.4 0.0 0.0
3.2 3.2 0.0 0.0
2.0 0.0
13.0 0.0
18.6 ..
34.1 ..
64.4 ..
94.9 ..
117.6 ..
237.8 ..
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 3.8 6.4 0.0 53.9
.. 3.4 2.9 0.0 67.1
7.1 2.8 0.0 0.0 73.7
7.6 2.6 0.0 0.0 73.9
9.2 0.0 0.0 0.0 75.4
7.2 0.0 0.0 0.0 78.0
7.3 0.0 0.0 0.0 77.7
5.1 0.0 0.0 0.0 79.2
3.4 18.9 3.6
0.8 40.0 10.5
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
3.5 24.5 3.5
0.0 0.0 0.0
7.8 10.2 0.7
0.0 0.0 0.0
5.0 5.1 0.0
0.0 4.0 0.6
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
320.7 211.3 .. 239.4 6.8 8.3 15.9
435.5 128.8 4.3 176.4 8.3 -41.0 32.0
415.5 154.9 7.2 250.1 5.3 -90.2 95.4
460.9 179.6 1.9 294.9 23.6 -42.7 104.4
549.7 237.7 2.1 411.4 41.0 -80.9 119.1
551.5 289.7 1.7 524.0 103.5 -124.4 89.5
473.1 248.8 2.4 476.2 125.4 -120.8 146.0
554.7 349.1 2.9 676.9 .. -196.6 265.8
75.1 49.5 3.8 6.1 50.1 10.0 0.8
120.6 35.7 7.1 2.1 64.6 20.6 2.2
107.5 40.1 9.1 9.2 64.3 57.3 4.6
96.6 37.6 2.4 9.0 65.6 60.2 4.2
74.6 32.3 5.9 1.9 68.6 67.1 3.5
57.3 30.1 5.2 1.8 68.5 54.0 2.1
62.7 33.0 4.0 1.0 71.5 93.6 3.7
61.7 38.8 5.9 1.9 49.0 123.4 4.7
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
262
SOLOMON ISLANDS (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
149.1 100.3 95.1 79.5 0.0 25.9 15.6 5.2 0.0 0.0 48.8 0.0
152.1 120.7 117.3 100.4 0.0 38.4 16.9 3.4 0.0 0.0 31.5 0.0
151.2 144.2 143.8 107.0 0.0 43.4 36.8 0.4 0.0 0.0 7.0 0.0
157.9 150.9 149.9 113.7 0.0 44.9 36.2 1.0 0.0 0.0 7.0 0.0
173.9 148.1 147.5 121.7 0.0 45.8 25.8 0.6 0.0 0.0 25.9 0.0
162.8 137.1 136.6 113.7 0.0 44.5 23.0 0.4 0.0 0.0 25.8 0.0
154.4 132.9 132.7 111.5 0.0 43.7 21.2 0.2 0.0 0.0 21.5 0.0
201.9 125.3 125.2 105.6 0.0 41.7 19.6 0.1 0.0 0.0 76.6 0.0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
11.8 9.1 4.8 4.8 0.0 3.2 0.0 4.2 0.0 0.0 2.8 0.0
3.4 3.4 3.4 1.4 0.0 0.6 2.0 0.0 0.0 0.0 0.0 0.0
5.7 5.7 5.3 5.3 0.0 0.9 0.0 0.4 0.0 0.0 0.0 0.0
5.1 5.1 4.4 4.4 0.0 0.3 0.0 0.6 0.0 0.0 0.0 0.0
24.5 4.5 4.5 4.5 0.0 0.0 0.0 0.0 0.0 0.0 20.0 0.0
1.1 0.1 0.1 0.1 0.0 0.0 0.0 0.0 0.0 0.0 1.0 0.0
13.7 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 13.7 0.0
36.8 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 36.8 0.0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
6.5 1.8 1.3 0.6 0.0 0.1 0.7 0.5 0.0 0.0 4.7 0.0
6.2 2.7 2.7 1.1 0.0 0.2 1.6 0.0 0.0 0.0 3.5 0.0
10.0 5.8 3.2 2.0 0.0 0.8 1.2 2.6 0.0 0.0 4.2 0.0
2.8 2.8 2.8 2.1 0.0 0.9 0.6 0.1 0.0 0.0 0.0 0.0
10.7 8.3 7.9 2.6 0.0 1.0 5.3 0.4 0.0 0.0 2.4 0.0
10.8 10.8 10.7 7.8 0.0 1.0 2.8 0.1 0.0 0.0 0.0 0.0
7.6 6.5 6.3 4.6 0.0 1.1 1.7 0.2 0.0 0.0 1.1 0.0
17.5 8.6 8.4 6.8 0.0 1.2 1.6 0.2 0.0 0.0 8.9 0.0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
1.5 0.9 0.8 0.5 0.0 0.2 0.3 0.1 0.0 0.0 0.6 0.0
2.7 0.8 0.8 0.7 0.0 0.3 0.1 0.0 0.0 0.0 1.9 0.0
3.9 1.7 1.7 0.8 0.0 0.3 0.9 0.0 0.0 0.0 2.3 0.0
1.3 1.3 1.3 0.8 0.0 0.3 0.4 0.0 0.0 0.0 0.0 0.0
3.2 3.2 3.2 0.9 0.0 0.3 2.3 0.0 0.0 0.0 0.0 0.0
4.3 4.3 4.3 2.8 0.0 0.4 1.5 0.0 0.0 0.0 0.0 0.0
2.4 1.8 1.8 1.0 0.0 0.3 0.8 0.0 0.0 0.0 0.5 0.0
3.2 1.7 1.7 1.0 0.0 0.3 0.7 0.0 0.0 0.0 1.5 0.0
3.8 4.5
-9.6 -4.4
-10.6 -2.3
7.1 1.2
3.8 11.8
-11.4 -9.7
-10.0 6.1
59.6 28.9
0.0 6.3 0.0
7.8 0.0 0.0
0.0 8.1 0.0
0.0 0.0 0.0
0.0 4.9 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
7.5 1.8
7.4 1.7
6.9 1.6
6.9 1.5
6.4 1.4
6.4 1.3
6.2 1.2
5.8 1.1
6.8 0.3
6.8 0.3
6.8 0.2
6.8 0.2
6.8 0.2
6.8 0.2
6.8 0.1
6.8 0.1
263
SOMALIA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
2,670 1,961 1,961 0 166 543 512
2,548 1,825 1,825 0 146 577 555
2,730 1,882 1,882 0 160 689 689
2,814 1,923 1,923 0 168 723 723
2,919 1,979 1,979 0 177 763 763
2,922 1,983 1,983 0 173 766 766
2,944 1,987 1,987 0 176 781 781
2,942 1,990 1,990 0 172 780 780
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
1,120 1,961 0 0
1,218 1,825 0 0
1,423 1,882 0 0
1,481 1,923 0 0
1,554 1,979 0 0
1,580 1,983 0 0
1,614 1,987 0 0
1,646 1,990 0 0
External debt flows Disbursements Long-term external debt IMF purchases
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
Principal repayments Long-term external debt IMF repurchases
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
Net flows Long-term external debt Short-term external debt
0 0 0
-7 0 -7
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
Interest payments Long-term external debt IMF charges Short-term external debt
1 0 1 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
2 0 2 0
0 0 0 0
0 0 0 0
1 ..
0 ..
24 ..
96 ..
141 ..
87 ..
108 ..
112 ..
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 3.1 0.1 0.0 50.2
.. 3.0 0.1 0.0 52.0
5.6 2.8 0.1 0.0 51.8
6.1 2.7 0.2 0.0 51.4
6.6 2.8 0.2 0.0 50.6
6.3 3.5 0.1 0.0 50.4
6.5 3.4 0.1 0.0 50.4
6.0 3.8 0.1 0.0 50.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
.. .. .. .. .. .. ..
.. .. .. .. .. .. ..
.. .. .. .. .. .. ..
.. .. .. .. .. .. ..
.. .. .. .. .. .. ..
.. .. .. .. .. .. ..
.. .. .. .. .. .. ..
.. .. .. .. .. .. ..
.. .. .. 20.3 29.4 .. ..
.. .. .. 22.6 27.8 .. ..
.. .. .. 25.2 27.7 .. ..
.. .. .. 25.7 27.7 .. ..
.. .. .. 26.1 27.7 .. ..
.. .. .. 26.2 27.5 .. ..
.. .. .. 26.5 27.4 .. ..
.. .. .. 26.5 27.2 .. ..
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
264
SOMALIA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
1,961 1,961 1,924 786 0 432 1,138 37 0 0 0 0
1,825 1,825 1,792 709 0 396 1,083 33 0 0 0 0
1,882 1,882 1,846 755 0 422 1,091 35 0 0 0 0
1,923 1,923 1,886 779 0 435 1,107 37 0 0 0 0
1,979 1,979 1,940 808 0 448 1,132 38 0 0 0 0
1,983 1,983 1,946 803 0 446 1,143 37 0 0 0 0
1,987 1,987 1,950 805 0 448 1,145 38 0 0 0 0
1,990 1,990 1,954 801 0 443 1,153 37 0 0 0 0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0
54 0
-45 -7
-98 0
84 0
104 0
3 0
22 0
-1 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
35 6
33 6
32 5
34 5
29 5
28 4
28 4
26 4
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
Notes: Data on long-term public and publicly guaranteed debt are World Bank staff estimates based on the original terms of the loans.
265
SOUTH AFRICA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
25,358 14,772 9,837 4,935 913 9,673 0
24,861 15,308 9,088 6,220 0 9,553 0
31,070 21,360 15,633 5,727 0 9,710 0
35,523 20,263 13,914 6,349 0 15,260 0
43,610 27,052 14,101 12,951 0 16,558 0
42,551 24,614 13,781 10,833 0 17,937 0
42,466 29,192 15,428 13,764 0 13,274 0
45,165 32,860 17,753 15,107 0 12,305 0
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
0 9,837 4,935 3,225
0 8,054 7,254 2,223
0 15,633 5,727 2,270
0 13,914 6,349 1,876
0 14,101 12,951 1,870
0 13,781 10,833 1,216
0 15,428 13,764 7,578
0 17,753 15,107 6,614
External debt flows Disbursements Long-term external debt IMF purchases
3,549 3,549 0
3,611 3,611 0
5,641 5,641 0
4,877 4,877 0
8,727 8,727 0
1,871 1,871 0
4,339 4,339 0
5,698 5,698 0
Principal repayments Long-term external debt IMF repurchases
2,070 2,070 0
2,609 2,609 0
2,034 2,034 0
3,831 3,831 0
3,353 3,353 0
2,789 2,789 0
2,127 2,127 0
2,608 2,608 0
Net flows Long-term external debt Short-term external debt
3,412 1,478 1,934
-260 1,002 -1,262
5,408 3,607 1,801
6,597 1,047 5,550
6,672 5,374 1,298
461 -918 1,379
-2,451 2,212 -4,663
2,121 3,090 -969
Interest payments Long-term external debt IMF charges Short-term external debt
1,320 855 50 415
1,252 743 0 509
1,198 846 0 352
1,639 1,183 0 456
1,911 1,330 0 581
1,769 1,251 0 517
1,615 1,146 0 468
2,476 2,092 0 384
1,248 2,914
969 4,169
6,522 7,230
-184 14,959
5,737 8,670
9,645 -4,707
5,354 9,364
1,565 5,826
1. Summary external debt data External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 3.0 0.0 0.0 90.6
.. 3.8 0.0 0.0 92.0
13.3 0.0 0.0 0.0 85.0
30.9 0.0 0.0 0.0 67.1
26.7 0.0 0.0 0.0 71.4
20.6 0.0 0.0 0.0 77.7
19.1 0.0 0.0 0.0 79.6
15.4 0.0 0.0 0.0 80.4
0.0 0.0 0.0
5.9 12.3 4.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
1.2 19.7 5.2
0.8 28.1 7.1
5.4 14.3 1.8
6.1 9.8 2.3
3.9 6.4 2.9
6.5 8.9 8.9
6.8 10.1 9.9
3.4 2.8 0.8
6.9 10.0 10.0
4.1 9.1 7.2
148,238 35,538 105 37,386 535 -2,493 4,464
129,704 39,507 344 38,771 2,329 -191 7,702
242,122 72,202 658 78,267 4,320 -8,518 20,624
255,872 84,117 734 95,499 4,843 -13,745 25,593
276,401 97,135 834 114,803 8,666 -20,018 32,919
266,336 104,867 823 122,618 8,031 -20,083 34,070
276,439 82,551 902 91,193 5,279 -11,327 39,603
356,475 104,355 1,119 112,194 6,165 -10,117 43,820
71.4 17.1 9.5 38.1 .. 17.6 1.4
62.9 19.2 9.8 38.4 0.6 31.0 2.4
43.0 12.8 4.5 31.3 0.9 66.4 3.2
42.2 13.9 6.5 43.0 0.9 72.0 3.2
44.9 15.8 5.4 38.0 0.7 75.5 3.4
40.6 16.0 4.3 42.2 0.6 80.1 3.3
51.4 15.4 4.5 31.3 0.5 93.3 5.2
43.3 12.7 4.9 27.2 2.5 97.0 4.7
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
266
SOUTH AFRICA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
14,772 9,837 0 0 0 0 0 9,837 2,454 3,978 4,935 350
15,308 9,088 145 145 3 0 0 8,943 4,749 1,973 6,220 1,110
21,360 15,633 286 286 31 0 0 15,347 7,132 7,271 5,727 1,307
20,263 13,914 316 316 29 0 0 13,598 6,791 6,009 6,349 1,484
27,052 14,101 291 291 27 0 0 13,810 7,593 5,563 12,951 6,715
24,614 13,781 259 259 26 0 0 13,522 7,429 5,585 10,833 6,017
29,192 15,428 227 227 21 0 0 15,201 9,279 5,559 13,764 6,049
32,860 17,753 1,139 1,139 384 0 0 16,614 11,065 5,331 15,107 5,471
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
3,549 3,199 0 0 0 0 0 3,199 391 830 350 350
3,611 1,597 91 91 3 0 0 1,506 765 420 2,014 712
5,641 2,678 58 58 9 0 0 2,620 0 2,620 2,963 1,307
4,877 2,075 49 49 0 0 0 2,026 1,876 150 2,802 0
8,727 1,870 0 0 0 0 0 1,870 1,670 200 6,857 5,587
1,871 1,219 3 3 3 0 0 1,216 0 1,216 652 0
4,339 2,332 32 32 0 0 0 2,300 2,000 300 2,007 0
5,698 3,777 913 913 371 0 0 2,864 2,000 864 1,921 0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
2,070 1,168 0 0 0 0 0 1,168 10 719 902 0
2,609 1,627 0 0 0 0 0 1,627 284 949 982 0
2,034 1,780 27 27 1 0 0 1,753 0 1,608 254 0
3,831 1,729 26 26 2 0 0 1,703 300 1,257 2,102 0
3,353 1,855 26 26 3 0 0 1,829 1,222 462 1,498 1,390
2,789 1,465 26 26 3 0 0 1,439 0 1,294 1,324 698
2,127 1,419 38 38 5 0 0 1,381 250 986 708 0
2,608 1,278 40 40 8 0 0 1,238 0 1,093 1,330 578
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
855 597 0 0 0 0 0 597 188 245 258 0
743 546 1 1 0 0 0 545 275 130 196 27
846 635 12 12 1 0 0 623 347 212 212 61
1,183 886 15 15 1 0 0 871 409 408 297 89
1,330 917 18 18 1 0 0 899 520 333 413 132
1,251 821 16 16 1 0 0 804 523 244 431 241
1,146 686 10 10 1 0 0 676 542 105 460 241
2,092 716 20 20 10 0 0 696 631 45 1,377 1,027
3,687 3,412
954 -260
3,958 5,408
4,453 6,597
8,087 6,672
-1,059 461
-85 -2,451
2,698 2,121
0 0 0
0 0 0
0 0 0
0 0 0
0 0 1,222
0 0 0
0 0 0
0 0 0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
42 9
37 16
26 23
23 29
209 33
209 35
374 35
374 34
4,328 2,069
6,326 1,889
5,509 1,493
4,179 1,078
1,941 822
2,081 642
1,386 501
528 438
Notes: Data on long-term public and publicly guaranteed, long-term private nonguaranteed, and short-term debt for 2010 are World Bank staff estimates based on aggregate information provided by the authority.
267
SRI LANKA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
8,395 7,264 7,175 90 595 535 35
9,087 8,242 7,874 368 161 685 112
11,372 9,999 9,611 388 381 992 0
11,887 10,788 10,295 493 244 855 0
14,369 12,474 11,835 639 251 1,643 11
15,615 13,346 12,612 734 169 2,100 13
17,213 14,618 13,652 967 721 1,873 24
20,452 17,368 16,449 919 1,311 1,773 28
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
42 7,055 210 406
216 7,766 476 448
0 9,611 388 938
0 10,295 493 1,208
9 11,835 639 2,190
12 12,612 734 1,975
71 13,652 967 2,447
81 16,449 919 4,178
External debt flows Disbursements Long-term external debt IMF purchases
671 671 0
732 732 0
1,082 929 153
1,049 1,049 0
1,698 1,698 0
1,238 1,238 0
2,846 2,209 638
3,715 3,084 631
Principal repayments Long-term external debt IMF repurchases
280 246 34
539 453 86
266 228 38
661 507 154
540 535 5
882 804 78
1,064 967 97
750 716 34
Net flows Long-term external debt Short-term external debt
385 425 -6
-25 279 -218
1,160 701 344
251 542 -137
1,935 1,163 777
811 434 455
1,545 1,242 -238
2,861 2,368 -104
Interest payments Long-term external debt IMF charges Short-term external debt
172 145 3 24
248 213 1 34
154 106 11 37
267 208 13 46
297 218 11 69
349 286 8 56
353 325 3 25
695 661 10 23
56 ..
173 ..
272 -216
480 -304
603 -322
752 -488
404 -382
478 -1,049
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 28.6 1.8 0.4 35.9
.. 30.0 0.5 0.2 38.4
7.8 30.4 0.1 0.0 40.8
9.1 29.0 0.1 0.0 41.1
9.5 26.2 0.1 0.0 44.3
9.2 31.4 0.1 0.0 40.4
9.3 29.4 0.0 0.0 42.7
7.9 28.2 0.0 0.0 47.7
3.3 29.7 8.3
2.4 32.0 8.5
1.6 28.1 7.4
3.0 24.3 7.0
3.3 23.5 7.0
2.1 21.0 7.6
2.5 20.7 5.5
1.9 21.7 6.3
4.8 11.3 1.9
6.6 10.4 1.3
5.4 8.4 3.0
4.8 7.5 3.3
7.4 5.9 4.0
3.1 9.9 3.4
7.2 5.6 5.1
5.7 10.1 8.9
12,860 4,840 809 6,342 72 -770 2,112
16,016 6,527 1,166 8,554 109 -1,044 1,131
24,107 7,963 1,991 10,441 115 -650 2,735
27,879 8,819 2,185 12,321 362 -1,498 2,832
31,998 9,864 2,527 13,575 349 -1,401 3,518
39,746 10,338 2,947 16,889 470 -3,885 2,617
41,583 9,099 3,363 12,318 230 -215 5,354
48,916 11,099 4,155 16,178 386 -1,418 7,195
173.4 65.3 9.3 6.4 34.0 25.2 4.0
139.2 56.7 12.1 7.5 37.6 12.5 1.6
142.8 47.2 5.3 8.7 40.0 24.1 3.1
134.8 42.6 10.5 7.2 41.6 23.8 2.8
145.7 44.9 8.5 11.4 37.3 24.5 3.1
151.0 39.3 11.9 13.4 35.6 16.8 1.9
189.2 41.4 15.6 10.9 34.1 31.1 5.2
184.3 41.8 13.0 8.7 29.7 35.2 5.3
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
268
SRI LANKA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
7,264 7,175 6,493 2,858 49 1,463 3,635 681 0 324 90 0
8,242 7,874 6,934 3,412 13 1,610 3,522 940 65 356 368 0
9,999 9,611 8,983 4,554 0 2,095 4,429 627 65 442 388 100
10,788 10,295 9,583 4,945 0 2,245 4,638 712 65 558 493 100
12,474 11,835 10,373 5,362 0 2,357 5,011 1,462 565 799 639 100
13,346 12,612 11,286 5,559 0 2,381 5,726 1,327 500 731 734 100
14,618 13,652 11,934 5,875 0 2,487 6,059 1,718 1,000 647 967 0
17,368 16,449 13,602 6,079 0 2,531 7,524 2,847 2,000 776 919 0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
671 671 469 197 0 106 272 201 0 92 0 0
732 563 348 123 0 47 225 215 0 42 169 0
929 818 670 347 0 113 322 149 0 138 111 0
1,049 918 767 328 0 100 439 151 0 148 131 0
1,698 1,524 754 266 0 74 488 769 500 268 174 0
1,238 1,083 789 374 0 95 415 293 0 290 156 0
2,209 1,822 1,160 424 0 147 736 662 500 155 387 0
3,084 2,987 1,804 468 0 142 1,336 1,183 1,000 183 97 0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
246 244 148 26 7 8 122 96 0 54 2 0
453 439 216 50 5 18 167 223 50 94 14 0
228 209 123 84 1 40 40 86 0 53 19 0
507 481 400 100 0 43 300 82 0 45 26 0
535 507 450 114 0 49 336 57 0 49 28 0
804 743 519 146 0 55 373 224 65 151 61 0
967 812 555 163 0 56 393 257 0 250 154 100
716 571 507 174 0 59 333 64 0 56 145 0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
145 144 112 29 5 11 84 32 0 19 1 0
213 178 125 32 1 12 93 54 6 28 35 0
106 84 65 46 0 17 19 19 4 12 22 7
208 184 156 58 0 17 99 28 5 19 24 7
218 191 164 57 0 17 108 27 0 26 26 7
286 251 178 65 0 19 113 73 46 25 35 7
325 285 227 58 0 17 170 58 43 14 40 7
661 641 354 101 0 18 254 287 72 25 20 0
435 385
-713 -25
330 1,160
515 251
2,482 1,935
1,246 811
1,598 1,545
3,239 2,861
0 7 0
0 9 0
265 2 0
0 0 0
0 1 0
0 8 0
0 0 0
0 0 0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
687 241
731 257
801 264
911 260
1,014 250
1,072 236
1,086 221
1,093 207
314 210
773 197
275 143
194 133
678 107
150 82
130 77
143 72
269
ST. KITTS AND NEVIS (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
55.4 54.2 54.2 0.0 0.0 1.2 1.2
155.9 153.0 153.0 0.0 2.1 0.8 0.8
293.0 290.3 290.3 0.0 0.0 2.7 2.7
289.2 285.2 285.2 0.0 0.0 4.0 4.0
271.9 269.7 269.7 0.0 0.0 2.3 2.3
245.8 244.4 244.4 0.0 0.0 1.3 1.3
227.1 222.9 222.9 0.0 3.5 0.8 0.8
202.7 198.1 198.1 0.0 3.4 1.2 1.2
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
0.7 52.9 1.3 11.4
0.4 153.0 0.0 32.4
1.5 290.3 0.0 22.9
1.3 285.2 0.0 16.6
0.6 269.7 0.0 8.4
10.0 244.4 0.0 0.1
11.7 222.9 0.0 0.4
2.7 198.1 0.0 4.4
External debt flows Disbursements Long-term external debt IMF purchases
5.6 5.6 0.0
31.9 31.9 0.0
6.9 6.9 0.0
22.0 22.0 0.0
11.7 11.7 0.0
5.0 5.0 0.0
9.0 5.6 3.4
7.1 7.1 0.0
Principal repayments Long-term external debt IMF repurchases
4.8 4.8 0.0
12.4 12.4 0.0
28.1 28.1 0.0
28.1 28.1 0.0
28.6 28.6 0.0
29.8 29.8 0.0
27.2 27.2 0.0
31.4 31.4 0.0
Net flows Long-term external debt Short-term external debt
0.9 0.9 0.0
19.6 19.6 0.0
-21.2 -21.2 0.0
-6.1 -6.1 0.0
-17.0 -17.0 0.0
-24.7 -24.7 0.0
-18.2 -21.6 0.0
-24.3 -24.3 0.0
Interest payments Long-term external debt IMF charges Short-term external debt
1.9 1.9 0.0 0.0
7.2 7.1 0.1 0.0
20.5 20.5 0.0 0.0
19.3 19.3 0.0 0.0
19.3 19.3 0.0 0.0
16.6 16.6 0.0 0.0
14.5 14.5 0.0 0.0
13.4 13.3 0.0 0.0
20.5 ..
96.2 ..
93.0 ..
110.4 ..
134.5 ..
177.9 ..
130.8 ..
128.0 ..
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 0.0 7.4 0.0 51.4
.. 0.0 1.5 0.0 79.7
1.5 0.0 0.1 0.0 84.8
2.3 0.0 0.1 0.0 84.7
2.5 0.0 0.1 0.0 84.5
2.3 0.0 0.1 0.0 85.5
2.4 0.0 0.1 0.0 85.5
2.4 0.0 0.1 0.0 85.5
3.7 19.1 5.2
4.8 16.5 4.5
2.0 20.9 4.1
5.1 20.2 3.6
6.4 19.5 4.8
2.0 22.0 5.0
2.0 15.5 2.2
2.3 18.1 7.0
0.0 0.0 0.0
7.0 9.7 1.1
0.0 0.0 0.0
2.5 8.0 2.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
2.5 8.0 2.0
219.8 125.3 20.2 189.9 14.4 -45.5 33.5
296.1 155.5 27.1 284.4 21.2 -66.2 45.2
403.6 237.3 33.5 325.9 20.3 -64.7 71.6
454.8 249.0 36.4 366.3 20.2 -85.1 88.7
481.4 245.4 40.3 385.9 24.0 -111.3 95.8
559.6 240.1 44.5 448.4 23.4 -175.2 110.4
493.0 196.1 43.5 394.5 20.3 -152.7 136.4
507.4 192.7 43.9 331.7 19.3 -96.0 168.9
44.2 25.2 5.3 2.2 53.4 60.4 2.1
100.3 52.7 12.6 0.5 34.5 29.0 1.9
123.5 72.6 20.5 0.9 33.8 24.4 2.6
116.1 63.6 19.0 1.4 36.3 30.7 2.9
110.8 56.5 19.5 0.8 39.4 35.2 3.0
102.4 43.9 19.3 0.5 42.3 44.9 3.0
115.8 46.1 21.3 0.4 44.7 60.1 4.1
105.2 40.0 23.2 0.6 48.8 83.3 6.1
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
270
ST. KITTS AND NEVIS (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
54.2 54.2 48.6 29.6 1.1 1.6 19.0 5.6 0.0 0.0 0.0 0.0
153.0 153.0 102.6 53.8 4.5 1.4 48.8 50.4 0.0 43.2 0.0 0.0
290.3 290.3 156.0 99.0 13.0 1.4 57.0 134.4 29.1 104.7 0.0 0.0
285.2 285.2 164.4 104.9 13.2 1.4 59.5 120.8 29.1 91.7 0.0 0.0
269.7 269.7 162.0 107.1 13.3 1.4 54.8 107.7 29.1 78.7 0.0 0.0
244.4 244.4 151.6 104.0 13.2 1.4 47.6 92.9 29.1 63.8 0.0 0.0
222.9 222.9 141.8 101.6 12.4 1.4 40.3 81.0 29.1 51.9 0.0 0.0
198.1 198.1 132.6 98.9 9.8 1.3 33.8 65.5 24.1 41.4 0.0 0.0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
5.6 5.6 5.0 3.8 0.3 0.0 1.3 0.6 0.0 0.0 0.0 0.0
31.9 31.9 7.7 7.2 1.1 0.0 0.5 24.2 0.0 24.2 0.0 0.0
6.9 6.9 6.9 6.9 0.8 0.0 0.0 0.0 0.0 0.0 0.0 0.0
22.0 22.0 21.4 10.2 1.4 0.0 11.2 0.6 0.0 0.6 0.0 0.0
11.7 11.7 11.7 8.5 2.4 0.0 3.2 0.0 0.0 0.0 0.0 0.0
5.0 5.0 5.0 5.0 2.6 0.0 0.0 0.0 0.0 0.0 0.0 0.0
5.6 5.6 5.6 5.6 1.7 0.0 0.0 0.0 0.0 0.0 0.0 0.0
7.1 7.1 7.0 7.0 0.0 0.0 0.0 0.1 0.0 0.1 0.0 0.0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
4.8 4.8 3.3 1.5 0.0 0.0 1.8 1.5 0.0 0.0 0.0 0.0
12.4 12.4 4.7 2.1 0.1 0.0 2.7 7.6 0.0 4.2 0.0 0.0
28.1 28.1 12.9 4.3 1.0 0.0 8.6 15.2 0.0 13.9 0.0 0.0
28.1 28.1 13.9 5.1 1.3 0.0 8.7 14.2 0.0 13.6 0.0 0.0
28.6 28.6 15.6 7.3 2.2 0.0 8.3 13.1 0.0 13.1 0.0 0.0
29.8 29.8 14.9 7.7 2.7 0.0 7.2 14.9 0.0 14.9 0.0 0.0
27.2 27.2 15.4 8.3 2.5 0.0 7.1 11.9 0.0 11.9 0.0 0.0
31.4 31.4 15.8 9.3 2.6 0.0 6.6 15.6 5.0 10.6 0.0 0.0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
1.9 1.9 1.5 1.0 0.1 0.0 0.5 0.4 0.0 0.0 0.0 0.0
7.1 7.1 4.1 2.0 0.3 0.0 2.2 3.0 0.0 2.3 0.0 0.0
20.5 20.5 7.6 3.7 0.7 0.0 3.9 12.9 2.2 10.5 0.0 0.0
19.3 19.3 7.7 4.1 0.7 0.0 3.6 11.5 2.4 9.1 0.0 0.0
19.3 19.3 8.7 4.9 0.8 0.0 3.7 10.7 2.4 8.3 0.0 0.0
16.6 16.6 7.0 3.9 0.6 0.0 3.1 9.6 2.4 7.2 0.0 0.0
14.5 14.5 6.3 3.8 0.4 0.0 2.5 8.2 1.8 6.4 0.0 0.0
13.3 13.3 5.3 3.5 0.2 0.0 1.8 8.0 2.6 5.4 0.0 0.0
-0.8 0.9
19.8 19.6
-22.8 -21.2
-3.8 -6.1
-17.3 -17.0
-26.2 -24.7
-18.6 -18.2
-24.4 -24.3
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
20.2 3.6
19.6 2.9
14.4 2.3
11.3 2.0
11.0 1.7
10.4 1.5
9.4 1.3
8.0 1.2
17.5 5.1
20.5 3.0
22.0 1.9
2.7 0.8
2.3 0.6
1.2 0.5
0.5 0.4
0.5 0.3
Notes: Data on long-term public and publicly-guaranteed debt for 2010 are provided by the country.
271
ST. LUCIA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
128.3 111.3 111.3 0.0 0.0 16.9 0.0
221.3 153.5 153.5 0.0 0.0 67.8 0.0
411.0 235.0 235.0 0.0 0.0 176.0 0.0
363.7 246.7 246.7 0.0 0.0 117.0 0.0
469.2 295.8 295.8 0.0 0.0 173.3 0.3
827.1 312.2 312.2 0.0 0.0 514.9 0.9
369.3 295.9 295.9 0.0 10.8 62.6 2.6
463.6 285.9 285.9 0.0 10.6 167.1 5.1
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
0.0 111.3 0.0 50.4
0.0 153.5 0.0 65.3
0.0 235.0 0.0 8.2
0.0 246.7 0.0 4.4
0.4 295.8 0.0 9.8
0.0 312.2 0.0 5.4
2.1 295.9 0.0 12.6
3.5 285.9 0.0 12.0
External debt flows Disbursements Long-term external debt IMF purchases
11.5 11.5 0.0
48.7 48.7 0.0
11.7 11.7 0.0
25.8 25.8 0.0
24.1 24.1 0.0
11.5 11.5 0.0
21.0 10.4 10.6
21.3 21.3 0.0
Principal repayments Long-term external debt IMF repurchases
6.2 6.2 0.0
20.9 20.9 0.0
14.2 14.2 0.0
17.8 17.8 0.0
26.4 26.4 0.0
32.4 32.4 0.0
27.3 27.3 0.0
29.6 29.6 0.0
Net flows Long-term external debt Short-term external debt
12.3 5.4 6.9
40.3 27.8 12.5
64.5 -2.5 67.0
-51.1 7.9 -59.0
53.8 -2.2 56.0
320.1 -20.9 341.0
-460.2 -16.9 -454.0
93.8 -8.2 102.0
Interest payments Long-term external debt IMF charges Short-term external debt
5.7 4.8 0.0 0.9
9.2 6.4 0.0 2.8
17.5 12.8 0.0 4.8
15.9 12.2 0.0 3.7
20.3 14.8 0.0 5.5
25.3 15.0 0.0 10.3
14.8 13.3 0.0 1.5
13.7 9.6 0.0 4.1
33.0 ..
53.7 ..
78.2 ..
233.9 ..
271.9 ..
161.2 ..
146.4 ..
121.1 ..
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 2.4 13.7 0.5 53.4
.. 0.3 2.1 0.0 55.0
6.7 0.0 0.2 0.0 68.5
7.0 0.0 0.0 0.0 65.1
8.2 0.0 0.0 0.0 67.0
6.1 0.0 0.0 0.0 70.7
5.9 0.0 0.0 0.0 69.5
4.9 0.0 0.0 0.0 70.1
4.7 24.8 7.1
6.0 22.7 5.5
2.5 24.9 7.8
0.0 0.0 0.0
0.8 34.6 10.1
0.8 34.3 9.8
3.4 14.0 0.8
1.1 32.9 8.4
0.0 0.0 0.0
8.7 13.2 13.2
0.0 0.0 0.0
7.2 10.3 10.3
0.0 0.0 0.0
0.0 0.0 0.0
7.2 6.0 6.0
0.0 0.0 0.0
521.2 385.4 23.1 437.5 35.3 -33.1 63.1
662.9 380.6 26.4 484.4 31.4 -78.8 78.8
785.5 533.0 29.5 675.5 51.1 -129.5 116.4
876.4 451.8 30.3 772.8 34.0 -309.0 134.5
889.9 469.5 31.1 827.8 45.1 -344.7 153.7
907.0 537.5 31.5 900.5 52.5 -346.8 142.8
872.8 560.3 30.5 706.1 35.3 -133.4 174.8
857.8 611.4 31.4 776.5 25.7 -150.5 206.3
33.3 24.6 3.1 13.2 61.6 49.2 1.7
58.1 33.4 7.9 30.6 45.0 35.6 2.0
77.1 52.3 6.0 42.8 34.2 28.3 2.1
80.5 41.5 7.5 32.2 41.6 37.0 2.1
99.9 52.7 9.9 36.9 35.3 32.8 2.2
153.9 91.2 10.7 62.3 24.4 17.3 1.9
65.9 42.3 7.5 16.9 53.3 47.3 3.0
75.8 54.0 7.1 36.0 43.6 44.5 3.2
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
272
ST. LUCIA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
111.3 111.3 111.3 79.0 2.1 7.9 32.3 0.0 0.0 0.0 0.0 0.0
153.5 153.5 120.7 99.5 6.0 11.6 21.3 32.8 0.0 32.8 0.0 0.0
235.0 235.0 160.9 140.5 10.3 27.2 20.4 74.0 0.0 74.0 0.0 0.0
246.7 246.7 174.3 151.4 10.0 40.7 23.0 72.4 4.4 68.0 0.0 0.0
295.8 295.8 197.2 165.5 17.8 46.2 31.8 98.6 4.4 94.2 0.0 0.0
312.2 312.2 228.5 201.4 18.2 49.2 27.1 83.6 4.4 79.2 0.0 0.0
295.9 295.9 220.8 196.7 19.2 50.0 24.1 75.1 7.8 67.3 0.0 0.0
285.9 285.9 222.7 202.0 20.8 59.5 20.7 63.3 7.8 55.4 0.0 0.0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
11.5 11.5 11.5 10.8 0.7 2.1 0.8 0.0 0.0 0.0 0.0 0.0
48.7 48.7 16.8 15.7 0.9 0.7 1.1 31.9 0.0 31.9 0.0 0.0
11.7 11.7 11.7 7.4 1.1 3.5 4.4 0.0 0.0 0.0 0.0 0.0
25.8 25.8 21.3 17.2 0.7 12.2 4.1 4.4 4.4 0.0 0.0 0.0
24.1 24.1 24.1 18.2 9.6 4.1 5.9 0.0 0.0 0.0 0.0 0.0
11.5 11.5 11.5 8.9 2.6 3.9 2.7 0.0 0.0 0.0 0.0 0.0
10.4 10.4 7.0 7.0 3.8 0.9 0.0 3.4 3.4 0.0 0.0 0.0
21.3 21.3 21.3 19.9 4.5 10.8 1.5 0.0 0.0 0.0 0.0 0.0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
6.2 6.2 6.2 4.2 0.1 0.0 2.0 0.0 0.0 0.0 0.0 0.0
20.9 20.9 11.7 6.6 0.5 0.1 5.1 9.2 0.0 9.2 0.0 0.0
14.2 14.2 9.5 7.0 1.0 0.3 2.5 4.7 0.0 4.7 0.0 0.0
17.8 17.8 11.8 8.4 1.1 0.4 3.4 6.0 0.0 6.0 0.0 0.0
26.4 26.4 14.5 9.3 1.8 0.4 5.2 11.9 0.0 11.9 0.0 0.0
32.4 32.4 17.5 11.4 2.3 0.4 6.1 15.0 0.0 15.0 0.0 0.0
27.3 27.3 15.4 12.0 2.7 0.5 3.4 11.9 0.0 11.9 0.0 0.0
29.6 29.6 17.7 13.9 2.8 0.6 3.7 11.9 0.0 11.9 0.0 0.0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
4.8 4.8 4.8 3.0 0.1 0.0 1.8 0.0 0.0 0.0 0.0 0.0
6.4 6.4 5.2 4.0 0.3 0.1 1.2 1.2 0.0 1.2 0.0 0.0
12.8 12.8 6.3 5.4 0.5 0.2 0.9 6.5 0.0 6.5 0.0 0.0
12.2 12.2 6.0 5.1 0.5 0.3 0.9 6.2 0.2 6.0 0.0 0.0
14.8 14.8 6.1 4.8 0.7 0.3 1.3 8.7 0.3 8.4 0.0 0.0
15.0 15.0 8.1 7.0 0.9 0.4 1.1 6.9 0.3 6.6 0.0 0.0
13.3 13.3 7.2 6.2 0.9 0.4 1.0 6.1 0.3 5.8 0.0 0.0
9.6 9.6 6.4 5.5 0.7 0.4 0.9 3.2 0.6 2.7 0.0 0.0
14.7 12.3
37.0 40.3
59.3 64.5
-47.2 -51.1
105.4 53.8
357.9 320.1
-457.8 -460.2
94.3 93.8
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
67.5 0.0 0.0
0.0 0.0 0.0
0.2 0.0 0.0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
20.8 3.4
18.0 3.1
15.6 2.8
14.9 2.6
14.2 2.3
14.2 2.1
14.0 1.8
13.7 1.6
10.6 4.9
10.6 4.1
7.5 3.3
1.1 2.9
28.0 1.8
5.2 0.2
0.2 0.0
0.0 0.0
273
ST. VINCENT AND THE GRENADINES (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
118.3 91.3 91.3 0.0 0.0 27.0 0.1
194.6 163.3 163.3 0.0 0.0 31.4 0.4
252.1 247.8 247.8 0.0 0.0 4.3 4.3
243.0 242.5 242.5 0.0 0.0 0.5 0.5
201.4 199.8 199.8 0.0 0.0 1.6 1.6
204.0 203.9 203.9 0.0 0.0 0.2 0.2
209.6 203.2 203.2 0.0 5.9 0.5 0.5
261.1 255.3 255.3 0.0 5.8 0.0 0.0
0.6 91.3 0.0 12.6
0.9 163.3 0.0 1.0
3.0 247.8 0.0 66.4
0.3 242.5 0.0 0.0
0.3 199.8 0.0 0.7
0.3 203.9 0.0 16.0
0.8 203.2 0.0 35.4
0.2 255.3 0.0 59.3
External debt flows Disbursements Long-term external debt IMF purchases
3.3 3.3 0.0
8.5 8.5 0.0
42.4 42.4 0.0
14.1 14.1 0.0
15.4 15.4 0.0
23.4 23.4 0.0
26.0 20.2 5.8
76.2 76.2 0.0
Principal repayments Long-term external debt IMF repurchases
4.5 4.5 0.0
6.1 6.1 0.0
15.5 15.5 0.0
22.1 22.1 0.0
18.3 18.3 0.0
18.7 18.7 0.0
21.4 21.4 0.0
22.9 22.9 0.0
Net flows Long-term external debt Short-term external debt
3.0 -1.2 4.2
1.6 2.4 -0.8
26.9 26.9 0.0
-8.0 -8.0 0.0
-2.9 -2.9 0.0
4.7 4.7 0.0
4.6 -1.1 0.0
53.3 53.3 0.0
Interest payments Long-term external debt IMF charges Short-term external debt
4.1 2.6 0.0 1.5
7.0 5.1 0.0 1.9
8.2 8.2 0.0 0.0
11.2 11.2 0.0 0.0
9.5 9.5 0.0 0.0
10.7 10.7 0.0 0.0
9.8 9.7 0.0 0.0
8.7 8.7 0.0 0.0
30.6 ..
37.7 ..
40.1 ..
109.1 ..
130.5 ..
159.2 ..
106.1 ..
99.7 ..
1. Summary external debt data External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 0.1 5.4 1.4 68.2
.. 0.0 2.9 0.3 82.2
5.4 0.0 0.1 0.0 73.8
5.8 0.0 0.1 0.0 75.0
7.5 0.0 0.1 0.0 71.2
6.3 0.0 0.1 0.0 75.0
5.6 0.0 0.1 0.0 77.7
3.2 0.0 0.1 0.0 85.3
3.5 19.9 4.2
2.5 30.1 10.3
4.7 18.4 4.6
0.0 0.0 0.0
0.8 34.8 10.3
0.0 0.0 0.0
2.8 21.5 5.6
2.5 20.3 4.7
0.0 0.0 0.0
0.0 0.0 0.0
7.0 10.0 0.5
0.0 0.0 0.0
0.0 0.0 0.0
8.5 10.0 0.5
0.0 0.0 0.0
0.0 0.0 0.0
254.8 140.3 17.2 190.0 11.1 -40.2 29.8
316.9 182.6 22.5 222.8 12.7 -23.9 55.2
418.8 208.9 26.5 329.2 22.1 -102.2 69.5
473.7 225.6 29.7 365.1 23.0 -119.4 78.7
533.3 225.6 33.1 439.6 19.6 -193.9 87.0
559.2 220.3 31.1 463.8 18.1 -230.3 83.7
561.8 202.8 30.1 414.0 12.4 -199.8 87.8
539.3 193.1 30.6 412.2 10.1 -206.0 112.7
84.3 46.4 6.1 22.8 49.3 25.2 1.9
106.6 61.4 7.2 16.1 34.0 28.4 3.0
120.7 60.2 11.3 1.7 32.9 27.6 2.5
107.7 51.3 14.8 0.2 38.5 32.4 2.6
89.3 37.8 12.3 0.8 52.6 43.2 2.4
92.6 36.5 13.4 0.1 52.8 41.0 2.2
103.3 37.3 15.3 0.2 57.7 41.9 2.5
135.2 48.4 16.4 0.0 72.2 43.2 3.3
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
274
ST. VINCENT AND THE GRENADINES (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
91.3 91.3 86.5 58.4 0.4 8.1 28.2 4.8 0.0 4.8 0.0 0.0
163.3 163.3 104.8 66.2 0.1 7.0 38.6 58.5 0.0 0.6 0.0 0.0
247.8 247.8 114.8 82.9 0.9 15.3 31.9 133.0 0.0 59.9 0.0 0.0
242.5 242.5 124.1 93.4 3.4 16.5 30.6 118.4 0.0 53.5 0.0 0.0
199.8 199.8 135.1 105.9 3.2 18.2 29.2 64.7 0.0 47.2 0.0 0.0
203.9 203.9 133.3 107.8 3.0 19.3 25.5 70.6 0.0 56.1 0.0 0.0
203.2 203.2 143.3 121.0 3.3 20.4 22.4 59.8 0.0 48.2 0.0 0.0
255.3 255.3 206.6 188.4 5.2 21.3 18.2 48.7 0.0 40.3 0.0 0.0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
3.3 3.3 3.3 1.7 0.0 0.0 1.5 0.1 0.0 0.1 0.0 0.0
8.5 8.5 8.5 5.7 0.0 0.0 2.8 0.0 0.0 0.0 0.0 0.0
42.4 42.4 12.4 11.5 0.0 3.3 0.8 30.0 0.0 30.0 0.0 0.0
14.1 14.1 14.1 13.7 2.5 0.8 0.4 0.0 0.0 0.0 0.0 0.0
15.4 15.4 15.4 15.4 0.0 1.3 0.0 0.0 0.0 0.0 0.0 0.0
23.4 23.4 7.4 7.3 0.1 1.6 0.1 16.0 0.0 16.0 0.0 0.0
20.2 20.2 20.2 20.2 0.7 1.3 0.0 0.0 0.0 0.0 0.0 0.0
76.2 76.2 76.2 76.2 2.3 1.6 0.0 0.0 0.0 0.0 0.0 0.0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
4.5 4.5 4.5 3.4 0.1 0.1 1.1 0.0 0.0 0.0 0.0 0.0
6.1 6.1 5.7 3.7 0.0 0.1 2.0 0.4 0.0 0.4 0.0 0.0
15.5 15.5 7.7 4.9 0.0 0.3 2.8 7.7 0.0 0.2 0.0 0.0
22.1 22.1 7.5 4.8 0.0 0.3 2.7 14.6 0.0 6.4 0.0 0.0
18.3 18.3 7.1 4.3 0.2 0.3 2.7 11.3 0.0 6.3 0.0 0.0
18.7 18.7 8.6 5.2 0.3 0.3 3.4 10.1 0.0 7.1 0.0 0.0
21.4 21.4 10.6 7.4 0.4 0.4 3.2 10.7 0.0 7.9 0.0 0.0
22.9 22.9 11.8 8.1 0.4 0.4 3.7 11.1 0.0 7.9 0.0 0.0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
2.6 2.6 2.4 1.7 0.0 0.1 0.7 0.3 0.0 0.3 0.0 0.0
5.1 5.1 3.3 2.1 0.0 0.1 1.2 1.8 0.0 0.1 0.0 0.0
8.2 8.2 3.5 2.4 0.1 0.1 1.0 4.7 0.0 2.1 0.0 0.0
11.2 11.2 3.7 2.8 0.1 0.1 1.0 7.5 0.0 4.1 0.0 0.0
9.5 9.5 3.6 2.8 0.2 0.1 0.8 5.9 0.0 3.7 0.0 0.0
10.7 10.7 5.6 4.0 0.2 0.1 1.7 5.1 0.0 3.8 0.0 0.0
9.7 9.7 4.4 3.6 0.2 0.1 0.7 5.4 0.0 4.0 0.0 0.0
8.7 8.7 4.4 3.8 0.2 0.1 0.6 4.3 0.0 3.5 0.0 0.0
4.1 3.0
1.3 1.6
24.0 26.9
-9.2 -8.0
-41.6 -2.9
2.7 4.7
5.5 4.6
51.5 53.3
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 42.9 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
16.0 4.5
14.9 4.6
13.9 4.4
12.4 4.1
15.0 3.8
15.6 3.5
14.8 3.1
14.2 2.7
11.0 3.3
11.0 2.5
10.5 1.8
7.6 1.1
4.6 0.6
1.6 0.3
1.6 0.2
0.8 0.0
Notes: Short-term debt data are excluded since BIS data include debt liabilities of offshore centers located in the country. BIS short-term debt data for 2008, 2009, and 2010 are $447 million, $474 million, and $479 million respectively.
275
SUDAN (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
17,602 10,275 9,779 496 960 6,367 5,736
15,983 10,647 10,151 496 625 4,711 4,441
17,474 11,232 11,232 0 518 5,724 5,313
18,412 11,922 11,922 0 518 5,972 5,636
19,468 12,738 12,738 0 482 6,248 5,974
20,106 13,120 13,120 0 406 6,580 6,104
20,746 13,707 13,707 0 403 6,637 6,420
21,846 14,444 14,444 0 390 7,012 6,658
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
7,635 10,275 0 0
7,246 10,647 0 343
7,666 11,232 0 358
8,017 11,922 0 606
8,272 12,738 0 285
8,113 13,120 0 1,036
8,227 13,707 0 1,104
8,380 14,444 0 847
External debt flows Disbursements Long-term external debt IMF purchases
51 51 0
861 861 0
387 387 0
549 549 0
717 717 0
673 673 0
971 971 0
935 935 0
Principal repayments Long-term external debt IMF repurchases
54 15 39
197 143 54
319 291 28
236 209 27
276 216 60
284 219 66
373 362 11
403 397 6
Net flows Long-term external debt Short-term external debt
0 36 3
625 718 -39
77 96 9
238 339 -75
379 501 -62
591 454 202
339 609 -259
669 538 137
Interest payments Long-term external debt IMF charges Short-term external debt
15 2 13 0
48 42 0 5
79 67 0 12
64 54 0 10
95 87 0 8
84 68 0 15
118 111 0 7
89 83 0 5
12 0
392 0
2,305 ..
3,534 -35
2,426 -17
2,601 0
2,662 0
2,894 ..
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 2.9 3.4 19.6 47.6
.. 2.0 3.3 12.2 60.3
8.5 1.3 3.0 13.8 53.6
8.8 1.2 3.2 14.0 52.0
9.7 0.7 3.0 14.2 50.3
9.6 0.9 2.3 14.6 49.1
9.6 0.6 2.4 14.4 50.5
9.3 0.7 2.2 15.0 50.8
0.0 0.0 0.0
1.7 24.8 4.7
3.1 16.4 4.8
3.9 13.5 4.1
2.2 19.8 5.1
2.9 20.5 5.5
3.1 12.5 3.1
2.8 20.3 4.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
12,920 683 346 1,243 0 -500 163
11,303 1,839 641 2,594 0 -518 138
26,052 4,982 1,016 9,196 1,399 -2,768 1,869
34,081 5,993 1,179 12,008 2,093 -4,811 1,660
42,631 9,447 1,769 13,098 2,404 -3,268 1,378
53,132 12,207 3,100 13,905 2,971 -1,314 1,399
50,018 8,900 2,135 14,145 3,035 -4,232 1,094
55,939 11,796 1,974 15,092 3,320 -1,165 ..
2,577.5 136.2 10.1 36.2 12.1 0.9 1.6
869.3 141.4 13.3 29.5 12.3 0.9 0.6
350.7 67.1 8.0 32.8 14.8 10.7 2.4
307.2 54.0 5.0 32.4 15.2 9.0 1.7
206.1 45.7 3.9 32.1 16.1 7.1 1.3
164.7 37.8 3.0 32.7 16.3 7.0 1.2
233.1 41.5 5.5 32.0 16.0 5.3 0.9
185.2 39.1 4.2 32.1 15.3 .. ..
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
276
SUDAN (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
10,275 9,779 7,921 2,133 6 1,272 5,787 1,859 0 1,855 496 0
10,647 10,151 8,393 1,968 1 1,167 6,425 1,758 0 1,296 496 0
11,232 11,232 9,145 2,580 0 1,234 6,565 2,087 0 1,584 0 0
11,922 11,922 9,722 2,790 0 1,271 6,933 2,200 0 1,696 0 0
12,738 12,738 10,405 3,130 0 1,307 7,275 2,333 0 1,829 0 0
13,120 13,120 10,730 3,280 0 1,300 7,450 2,390 0 1,887 0 0
13,707 13,707 11,258 3,320 0 1,306 7,938 2,449 0 1,945 0 0
14,444 14,444 11,815 3,342 0 1,290 8,474 2,629 0 2,125 0 0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
51 51 51 51 0 0 0 0 0 0 0 0
861 861 318 171 0 0 146 543 0 87 0 0
387 387 387 138 0 0 249 0 0 0 0 0
549 549 549 150 0 0 398 0 0 0 0 0
717 717 717 214 0 0 503 0 0 0 0 0
673 673 673 184 0 0 489 0 0 0 0 0
971 971 971 127 0 0 844 0 0 0 0 0
935 935 935 133 0 0 802 0 0 0 0 0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
15 15 15 15 0 0 0 0 0 0 0 0
143 143 143 32 2 2 111 0 0 0 0 0
291 291 291 27 0 1 264 0 0 0 0 0
209 209 209 15 0 2 194 0 0 0 0 0
216 216 216 37 0 0 179 0 0 0 0 0
219 219 219 29 0 1 189 0 0 0 0 0
362 362 362 73 0 0 290 0 0 0 0 0
397 397 397 67 0 0 330 0 0 0 0 0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
2 2 2 2 0 0 0 0 0 0 0 0
42 42 42 16 0 2 26 0 0 0 0 0
67 67 67 23 0 1 43 0 0 0 0 0
54 54 54 12 0 1 42 0 0 0 0 0
87 87 87 42 0 0 45 0 0 0 0 0
68 68 68 35 0 2 33 0 0 0 0 0
111 111 111 45 0 0 67 0 0 0 0 0
83 83 83 32 0 0 51 0 0 0 0 0
684 0
-122 625
-769 77
938 238
1,056 379
638 591
640 339
1,100 669
0 0 0
8 0 0
0 15 0
0 0 0
0 52 0
0 108 0
0 52 0
259 0 0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
1,014 175
968 157
649 144
672 142
606 134
498 121
455 115
429 106
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
Notes: Data on long-term public and publicly guaranteed debt exclude penalty interest.
277
SWAZILAND (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
249.5 238.3 238.3 0.0 0.0 11.1 0.5
264.8 262.9 262.9 0.0 0.0 1.8 0.0
442.3 362.2 362.2 0.0 0.0 80.1 15.1
413.8 364.7 364.7 0.0 0.0 49.1 18.1
404.1 368.6 368.6 0.0 0.0 35.5 5.5
370.0 355.0 355.0 0.0 0.0 15.0 15.0
417.8 390.8 390.8 0.0 0.0 27.0 25.0
615.8 385.2 385.2 0.0 0.0 230.7 35.7
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
4.0 238.3 0.0 29.0
0.2 262.9 0.0 0.7
7.1 362.2 0.0 0.0
10.6 364.7 0.0 6.6
6.2 368.6 0.0 0.0
11.5 355.0 0.0 0.1
22.3 390.8 0.0 24.2
29.6 385.2 0.0 0.1
External debt flows Disbursements Long-term external debt IMF purchases
8.1 8.1 0.0
15.8 15.8 0.0
51.1 51.1 0.0
22.9 22.9 0.0
12.4 12.4 0.0
56.6 56.6 0.0
33.2 33.2 0.0
8.0 8.0 0.0
Principal repayments Long-term external debt IMF repurchases
13.5 13.5 0.0
12.4 12.4 0.0
18.1 18.1 0.0
17.4 17.4 0.0
22.4 22.4 0.0
33.5 33.5 0.0
28.4 28.4 0.0
26.9 26.9 0.0
Net flows Long-term external debt Short-term external debt
-1.1 -5.4 4.3
-47.5 3.4 -50.9
54.1 33.1 21.0
-28.5 5.5 -34.0
-11.0 -10.0 -1.0
-6.9 23.1 -30.0
6.8 4.8 2.0
174.1 -18.9 193.0
Interest payments Long-term external debt IMF charges Short-term external debt
4.6 4.1 0.0 0.4
18.2 16.1 0.0 2.1
16.4 13.6 0.0 2.8
18.1 15.1 0.0 3.1
24.8 23.4 0.0 1.4
19.1 18.8 0.0 0.4
15.8 15.8 0.0 0.0
14.2 13.0 0.0 1.3
51.8 0.8
90.7 1.4
-45.9 0.8
121.0 5.5
37.5 1.0
105.7 43.9
65.7 -6.6
92.7 ..
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 0.0 4.6 0.0 8.2
.. 0.0 1.0 0.0 10.4
11.5 0.0 0.2 0.0 16.5
11.7 0.0 0.1 0.0 15.6
12.2 0.0 0.0 0.0 14.5
18.3 0.0 0.0 0.0 14.1
17.6 0.0 0.0 0.0 15.6
15.6 0.0 0.0 0.0 15.0
7.1 19.5 5.0
3.0 40.2 27.2
0.0 0.0 0.0
2.5 21.8 4.3
0.0 0.0 0.0
2.8 41.4 10.8
3.0 27.6 4.8
4.0 19.9 5.4
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
1779.5 1182.2 82.6 1355.9 68.0 -29.7 298.2
1523.8 1376.4 56.9 1522.9 65.9 -45.9 351.8
2702.3 2190.4 95.4 2390.5 44.0 -102.6 243.9
2683.7 2187.8 98.6 2515.9 167.0 -196.6 372.5
2990.9 2480.3 100.5 2739.8 160.0 -65.5 774.2
2829.5 2091.2 89.6 2532.3 252.7 -231.2 751.9
2708.1 2150.9 93.5 2757.1 352.5 -414.3 958.9
3586.2 .. 109.0 .. .. .. 756.3
21.1 14.0 1.5 4.5 48.2 119.5 2.6
19.2 17.4 2.2 0.7 56.6 132.9 2.8
20.2 16.4 1.6 18.1 54.1 55.1 1.2
18.9 15.4 1.6 11.9 59.5 90.0 1.8
16.3 13.5 1.9 8.8 62.3 191.6 3.4
17.7 13.1 2.5 4.1 65.1 203.2 3.6
19.4 15.4 2.1 6.5 61.0 229.5 4.2
.. 17.2 .. 37.5 38.9 122.8 ..
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
278
SWAZILAND (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
238.3 238.3 238.1 120.3 19.2 5.9 117.8 0.3 0.0 0.0 0.0 0.0
262.9 262.9 243.1 149.9 9.0 4.7 93.2 19.8 0.0 19.8 0.0 0.0
362.2 362.2 338.5 239.3 23.6 3.4 99.1 23.7 0.0 23.7 0.0 0.0
364.7 364.7 343.2 246.1 22.4 3.2 97.1 21.5 0.0 21.5 0.0 0.0
368.6 368.6 346.6 251.7 20.1 2.9 94.9 22.0 0.0 22.0 0.0 0.0
355.0 355.0 338.9 240.9 14.2 2.7 98.0 16.1 0.0 16.1 0.0 0.0
390.8 390.8 370.5 254.7 7.6 2.4 115.8 20.3 0.0 20.3 0.0 0.0
385.2 385.2 362.6 239.8 2.4 2.2 122.8 22.6 0.0 22.6 0.0 0.0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8.1 8.1 8.1 7.2 0.0 0.0 1.0 0.0 0.0 0.0 0.0 0.0
15.8 15.8 15.8 15.8 0.7 0.0 0.0 0.0 0.0 0.0 0.0 0.0
51.1 51.1 51.1 32.0 1.5 0.0 19.2 0.0 0.0 0.0 0.0 0.0
22.9 22.9 22.9 19.3 0.0 0.0 3.7 0.0 0.0 0.0 0.0 0.0
12.4 12.4 12.4 11.9 0.0 0.0 0.5 0.0 0.0 0.0 0.0 0.0
56.6 56.6 56.6 39.6 0.0 0.0 17.0 0.0 0.0 0.0 0.0 0.0
33.2 33.2 33.2 20.7 0.0 0.0 12.5 0.0 0.0 0.0 0.0 0.0
8.0 8.0 8.0 4.3 0.0 0.0 3.8 0.0 0.0 0.0 0.0 0.0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
13.5 13.5 13.2 8.2 3.5 0.3 5.0 0.3 0.0 0.0 0.0 0.0
12.4 12.4 12.4 8.1 0.9 0.3 4.3 0.0 0.0 0.0 0.0 0.0
18.1 18.1 18.1 12.6 1.5 0.3 5.5 0.0 0.0 0.0 0.0 0.0
17.4 17.4 17.4 12.2 1.2 0.3 5.2 0.0 0.0 0.0 0.0 0.0
22.4 22.4 22.4 14.7 2.3 0.3 7.7 0.0 0.0 0.0 0.0 0.0
33.5 33.5 33.5 26.1 5.9 0.2 7.4 0.0 0.0 0.0 0.0 0.0
28.4 28.4 28.4 24.9 6.6 0.3 3.5 0.0 0.0 0.0 0.0 0.0
26.9 26.9 26.9 24.1 5.2 0.3 2.8 0.0 0.0 0.0 0.0 0.0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
4.1 4.1 4.1 3.1 1.2 0.0 0.9 0.1 0.0 0.0 0.0 0.0
16.1 16.1 10.2 5.2 0.8 0.0 5.0 5.9 0.0 5.9 0.0 0.0
13.6 13.6 10.5 9.1 1.0 0.0 1.4 3.2 0.0 3.2 0.0 0.0
15.1 15.1 12.0 10.7 1.0 0.0 1.4 3.0 0.0 3.0 0.0 0.0
23.4 23.4 20.5 12.6 1.0 0.0 7.9 2.9 0.0 2.9 0.0 0.0
18.8 18.8 16.3 13.0 0.8 0.0 3.3 2.5 0.0 2.5 0.0 0.0
15.8 15.8 14.6 11.7 0.6 0.0 2.9 1.2 0.0 1.2 0.0 0.0
13.0 13.0 13.0 11.4 0.3 0.0 1.6 0.0 0.0 0.0 0.0 0.0
8.8 -1.1
-68.0 -47.5
19.0 54.1
-28.5 -28.5
-9.7 -11.0
-34.1 -6.9
47.8 6.8
198.0 174.1
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
34.4 11.2
32.2 10.5
30.9 9.5
30.0 8.4
28.2 7.3
25.0 6.4
22.2 5.7
21.7 5.1
0.0 3.1
0.0 3.1
0.0 3.1
0.0 3.1
0.0 3.1
0.0 3.1
0.0 3.1
0.0 3.1
279
SYRIAN ARAB REPUBLIC (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
21,897 16,955 16,955 0 0 4,942 2,013
22,156 16,464 16,464 0 0 5,692 2,372
5,513 5,007 5,007 0 0 506 193
5,457 4,867 4,867 0 0 589 196
5,515 4,866 4,866 0 0 649 142
5,191 4,611 4,611 0 0 581 145
5,112 4,356 4,356 0 0 756 206
4,729 4,171 4,171 0 0 558 217
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
5,743 16,954 0 0
8,828 16,464 0 69
265 5,007 0 476
270 4,867 0 330
213 4,866 0 270
220 4,611 0 684
226 4,356 0 576
232 4,171 0 497
External debt flows Disbursements Long-term external debt IMF purchases
297 297 0
18 18 0
170 170 0
181 181 0
372 372 0
249 249 0
278 278 0
286 286 0
Principal repayments Long-term external debt IMF repurchases
69 69 0
239 239 0
439 439 0
688 688 0
545 545 0
552 552 0
489 489 0
497 497 0
Net flows Long-term external debt Short-term external debt
540 229 311
-826 -221 -605
-376 -269 -107
-427 -507 80
-58 -172 114
-374 -303 -71
-97 -211 114
-420 -211 -209
Interest payments Long-term external debt IMF charges Short-term external debt
213 74 0 139
247 127 0 120
126 110 0 16
132 112 0 20
135 110 0 25
140 118 0 22
141 116 0 25
133 110 0 23
100 0
270 0
500 ..
659 ..
1,242 ..
1,467 ..
2,570 ..
1,381 ..
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 3.9 1.0 0.0 81.8
.. 4.9 0.6 0.0 84.1
12.1 9.8 0.0 0.0 49.3
14.0 14.3 0.0 0.0 42.8
19.8 13.3 0.0 0.0 37.4
20.3 16.0 0.0 0.0 34.2
24.0 14.9 0.0 0.0 31.9
25.4 15.9 0.0 0.0 29.3
0.0 0.0 0.0
1.0 25.3 5.3
4.8 18.6 4.3
1.6 20.1 8.5
2.0 19.2 4.6
1.6 19.3 6.0
1.9 26.8 7.2
0.0 19.2 4.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
11,591 6,201 339 6,545 0 263 448
18,446 7,190 180 6,614 0 1,061 355
27,685 11,907 823 12,359 1,220 299 17,774
32,400 13,597 795 13,242 1,165 920 16,997
39,715 16,212 1,150 16,573 1,085 459 17,707
51,433 19,914 1,400 20,998 1,527 66 17,784
52,828 16,026 1,550 18,250 1,301 -1,161 18,300
57,982 .. 1,646 .. .. .. 20,632
353.1 188.9 4.5 22.6 4.8 2.0 0.8
308.1 120.1 6.8 25.7 2.6 1.6 0.6
46.3 19.9 4.7 9.2 18.1 322.4 17.3
40.1 16.8 6.0 10.8 20.0 311.5 15.4
34.0 13.9 4.2 11.8 25.5 321.1 12.8
26.1 10.1 3.5 11.2 27.3 342.6 10.2
31.9 9.7 3.9 14.8 30.0 358.0 12.0
.. 8.2 .. 11.8 33.6 436.3 ..
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
280
SYRIAN ARAB REPUBLIC (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
16,955 16,955 15,719 1,051 428 44 14,668 1,236 0 0 0 0
16,464 16,464 15,502 576 25 30 14,926 962 0 0 0 0
5,007 5,007 5,007 997 0 22 4,010 0 0 0 0 0
4,867 4,867 4,867 1,091 0 21 3,776 0 0 0 0 0
4,866 4,866 4,866 1,404 0 19 3,461 0 0 0 0 0
4,611 4,611 4,611 1,418 0 18 3,193 0 0 0 0 0
4,356 4,356 4,356 1,533 0 16 2,824 0 0 0 0 0
4,171 4,171 4,171 1,591 0 15 2,580 0 0 0 0 0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
297 297 297 123 0 0 174 0 0 0 0 0
18 18 18 12 0 0 6 0 0 0 0 0
170 170 170 111 0 0 59 0 0 0 0 0
181 181 181 148 0 0 33 0 0 0 0 0
372 372 372 319 0 0 53 0 0 0 0 0
249 249 249 170 0 0 79 0 0 0 0 0
278 278 278 229 0 0 49 0 0 0 0 0
286 286 286 237 0 0 50 0 0 0 0 0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
69 69 68 42 13 0 26 1 0 0 0 0
239 239 224 66 14 1 158 16 0 0 0 0
439 439 428 79 0 1 349 11 0 0 0 0
688 688 688 90 0 1 598 0 0 0 0 0
545 545 545 102 0 1 443 0 0 0 0 0
552 552 552 112 0 1 439 0 0 0 0 0
489 489 489 116 0 1 373 0 0 0 0 0
497 497 497 138 0 1 359 0 0 0 0 0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
74 74 74 37 12 0 37 0 0 0 0 0
127 127 126 82 57 0 44 1 0 0 0 0
110 110 110 41 0 0 68 0 0 0 0 0
112 112 112 44 0 0 68 0 0 0 0 0
110 110 110 47 0 0 63 0 0 0 0 0
118 118 118 56 0 0 62 0 0 0 0 0
116 116 116 58 0 0 58 0 0 0 0 0
110 110 110 59 0 0 51 0 0 0 0 0
863 540
-730 -826
-13,455 -376
-56 -427
58 -58
-324 -374
-79 -97
-383 -420
0 0 0
566 0 0
1,650 12,595 0
0 0 0
41 77 0
0 45 0
0 28 0
0 0 0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
595 110
611 113
617 112
603 106
510 101
415 91
379 82
376 73
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
281
TAJIKISTAN (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
634 590 590 0 0 43 43
1,034 846 755 91 111 77 45
1,006 852 826 26 127 27 2
950 876 840 37 44 29 0
1,222 1,103 1,063 40 46 72 0
2,376 2,271 1,374 897 15 90 0
2,549 2,434 1,606 827 41 74 0
2,955 2,733 1,806 927 101 122 0
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
142 590 0 0
121 755 91 53
23 821 31 87
1 837 39 640
0 1,063 40 160
0 1,374 897 105
0 1,606 827 130
364 1,806 927 312
External debt flows Disbursements Long-term external debt IMF purchases
28 28 0
62 37 25
137 108 29
164 149 14
266 266 0
387 387 0
562 521 40
951 892 60
Principal repayments Long-term external debt IMF repurchases
0 0 0
37 28 10
56 42 14
39 39 0
41 41 0
97 66 31
426 411 15
628 628 0
Net flows Long-term external debt Short-term external debt
28 28 0
-4 9 -29
24 66 -58
128 110 4
268 225 43
307 321 18
120 110 -16
370 263 47
Interest payments Long-term external debt IMF charges Short-term external debt
0 0 0 0
25 21 2 2
13 10 1 2
25 23 0 1
21 20 0 1
31 28 0 2
42 41 0 1
55 54 0 1
10 ..
24 ..
54 ..
339 ..
360 ..
376 ..
16 ..
16 ..
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 0.0 0.0 0.0 97.0
.. 0.0 0.0 0.0 97.9
6.1 0.0 0.0 0.0 86.3
5.3 0.0 0.0 0.0 85.7
3.9 0.0 0.0 0.0 86.2
2.8 0.0 0.0 0.0 86.3
2.8 0.0 0.0 0.0 82.9
2.6 0.0 0.0 0.0 81.5
0.0 0.0 0.0
3.8 26.4 6.7
0.7 29.5 7.8
2.0 20.7 5.3
1.5 30.5 7.9
1.4 31.1 11.6
2.0 20.9 5.5
1.7 20.6 5.4
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
1,183 .. .. .. .. .. ..
824 .. .. .. .. .. 94
2,234 1,264 467 1,733 2 -19 189
2,729 1,658 1,019 2,425 46 -21 204
3,634 1,728 1,691 3,780 26 -495 ..
5,108 1,776 2,544 4,227 4 48 ..
4,907 1,225 1,748 3,140 5 -180 ..
5,570 1,526 2,254 3,422 9 -383 ..
.. 53.6 .. 6.8 .. .. ..
.. 125.4 .. 7.5 18.0 9.1 ..
79.6 45.0 5.5 2.7 51.6 18.8 1.3
57.3 34.8 3.9 3.1 63.3 21.5 1.0
70.7 33.6 3.6 5.9 54.6 .. ..
133.8 46.5 7.2 3.8 30.9 .. ..
208.0 51.9 38.2 2.9 32.5 .. ..
193.6 53.1 44.8 4.1 32.0 .. ..
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
282
TAJIKISTAN (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
590 590 522 0 0 0 522 68 0 68 0 0
846 755 704 186 0 143 518 51 0 51 91 0
852 826 817 519 0 308 298 8 0 0 26 0
876 840 837 602 0 339 235 3 0 0 37 0
1,103 1,063 1,063 667 0 360 396 0 0 0 40 0
2,271 1,374 1,374 733 0 365 641 0 0 0 897 0
2,434 1,606 1,606 830 0 373 777 0 0 0 827 0
2,733 1,806 1,806 945 0 377 861 0 0 0 927 0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
28 28 28 0 0 0 28 0 0 0 0 0
37 36 36 36 0 23 0 0 0 0 1 0
108 105 105 73 0 35 32 0 0 0 3 0
149 133 133 64 0 16 69 0 0 0 16 0
266 250 250 52 0 8 198 0 0 0 16 0
387 356 356 69 0 10 287 0 0 0 31 0
521 211 211 103 0 9 108 0 0 0 310 0
892 249 249 144 0 15 104 0 0 0 643 0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
0 0 0 0 0 0 0 0 0 0 0 0
28 15 15 0 0 0 15 0 0 0 12 0
42 37 37 14 0 0 22 0 0 0 5 0
39 34 30 11 0 0 19 3 0 0 6 0
41 29 29 12 0 1 17 0 0 0 12 0
66 52 52 10 0 2 42 0 0 0 15 0
411 35 35 14 0 4 20 0 0 0 376 0
628 35 35 15 0 4 20 0 0 0 593 0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
0 0 0 0 0 0 0 0 0 0 0 0
21 7 4 1 0 1 3 4 0 4 14 0
10 9 9 6 0 2 3 0 0 0 1 0
23 21 19 13 0 3 7 2 0 0 2 0
20 18 18 11 0 3 7 0 0 0 2 0
28 26 26 13 0 3 12 0 0 0 3 0
41 24 24 9 0 3 15 0 0 0 17 0
54 23 23 8 0 3 15 0 0 0 31 0
53 28
-241 -4
-33 24
-56 128
272 268
1,154 307
173 120
406 370
0 0 0
0 2 0
0 0 0
0 102 0
0 0 0
0 0 0
0 0 0
0 0 0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
89 28
85 29
90 28
93 28
94 27
107 26
108 24
110 23
153 51
115 37
99 27
54 19
42 13
32 9
26 6
21 3
283
TANZANIA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
7,365 6,204 6,204 0 197 964 904
7,142 5,969 5,969 0 324 849 647
8,355 7,006 6,446 560 342 1,006 615
4,049 3,035 2,452 583 13 1,001 595
5,008 3,925 3,181 744 18 1,065 628
5,964 4,600 3,711 889 17 1,346 763
7,324 5,654 4,638 1,016 329 1,341 836
8,664 6,795 5,572 1,224 354 1,515 909
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
1,494 6,106 98 141
695 5,917 52 391
655 6,446 560 617
405 2,452 583 840
430 3,181 744 858
497 3,711 889 824
521 4,638 1,016 823
491 5,572 1,224 2,033
External debt flows Disbursements Long-term external debt IMF purchases
261 261 0
264 211 53
474 466 8
577 573 4
654 649 4
523 523 0
1,372 1,065 307
1,260 1,229 30
Principal repayments Long-term external debt IMF repurchases
141 122 19
104 94 10
77 31 46
36 36 0
20 20 0
22 22 0
105 105 0
132 131 0
Net flows Long-term external debt Short-term external debt
98 139 -22
205 118 44
459 435 62
557 538 15
665 630 31
647 501 146
1,188 960 -78
1,229 1,098 101
Interest payments Long-term external debt IMF charges Short-term external debt
85 80 1 4
63 51 2 10
54 44 1 9
51 39 0 12
44 26 0 19
42 27 0 15
59 45 1 13
67 51 0 16
120 0
463 0
936 3
403 3
582 3
400 3
415 3
433 3
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 10.9 10.2 0.1 38.8
.. 7.9 8.9 0.0 51.9
2.9 7.0 4.8 0.0 54.1
7.5 4.9 0.7 0.0 46.3
6.6 4.0 0.1 0.0 40.1
5.6 4.3 0.1 0.0 41.2
4.6 3.4 0.1 0.0 44.5
3.5 4.7 0.1 0.0 48.3
1.7 22.3 7.4
0.9 38.2 9.8
1.2 37.1 9.3
0.8 41.0 10.1
0.7 41.3 10.1
0.7 42.5 10.3
0.8 37.5 9.9
0.7 38.7 10.7
1.9 3.7 1.6
0.0 1.0 1.0
0.0 0.0 0.0
0.0 0.0 0.0
4.7 11.1 1.6
0.0 0.0 0.0
3.9 3.0 3.0
0.0 0.0 0.0
5,126 1,297 1 2,281 2 -590 270
10,066 1,341 8 2,230 13 -499 974
14,114 3,056 19 4,656 319 -1,105 2,049
14,331 3,523 15 5,246 25 -1,134 2,259
16,839 4,182 14 6,683 309 -1,849 2,886
20,731 5,688 19 8,972 205 -2,675 2,863
21,385 5,274 23 7,905 184 -1,934 3,470
23,012 6,552 25 9,354 187 -1,978 3,905
567.9 143.7 17.4 13.1 37.9 3.7 1.4
532.6 70.9 12.4 11.9 45.7 13.6 5.2
273.4 59.2 4.3 12.0 58.3 24.5 5.3
114.9 28.3 2.5 24.7 36.7 55.8 5.2
119.7 29.7 1.5 21.3 43.6 57.6 5.2
104.8 28.8 1.1 22.6 44.9 48.0 3.8
138.9 34.2 3.1 18.3 48.8 47.4 5.3
132.2 37.7 3.0 17.5 50.6 45.1 5.0
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
284
TANZANIA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
6,204 6,204 5,798 2,791 87 2,182 3,008 406 0 75 0 0
5,969 5,969 5,776 3,267 11 2,593 2,508 194 0 81 0 0
7,006 6,446 6,341 4,868 0 3,861 1,472 105 0 66 560 0
3,035 2,452 2,358 1,484 0 1,056 873 95 0 54 583 0
3,925 3,181 3,079 2,182 0 1,585 897 102 0 60 744 0
4,600 3,711 3,613 2,677 0 1,971 936 98 0 57 889 0
5,654 4,638 4,521 3,573 0 2,598 948 118 0 59 1,016 0
6,795 5,572 5,459 4,382 0 3,248 1,077 113 0 55 1,224 0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
261 261 220 187 0 160 33 40 0 5 0 0
211 211 206 187 0 142 19 5 0 5 0 0
466 466 447 444 0 275 3 19 0 19 0 0
573 573 560 494 0 416 66 13 0 13 0 0
649 649 646 627 0 475 19 3 0 3 0 0
523 523 523 523 0 394 0 0 0 0 0 0
1,065 919 889 884 0 608 5 30 0 0 146 0
1,229 1,013 996 835 0 653 161 17 0 17 216 0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
122 122 100 78 34 12 21 22 0 0 0 0
94 94 77 29 4 9 47 17 0 0 0 0
31 31 31 26 0 15 5 0 0 0 0 0
36 36 33 27 0 7 7 2 0 2 0 0
20 20 19 13 0 1 6 1 0 1 0 0
22 13 13 13 0 1 0 0 0 0 9 0
105 26 13 13 0 1 0 13 0 0 79 0
131 52 35 17 0 3 18 17 0 17 79 0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
80 80 77 56 8 16 20 3 0 0 0 0
51 51 49 23 1 15 26 2 0 0 0 0
44 42 42 38 0 30 4 0 0 0 2 0
39 37 35 29 0 19 7 2 0 2 2 0
26 23 22 17 0 10 6 1 0 1 2 0
27 21 21 21 0 13 0 0 0 0 6 0
45 27 24 24 0 15 1 3 0 0 18 0
51 34 31 29 0 20 2 3 0 2 17 0
144 98
-717 205
-223 459
-4,306 557
959 665
956 647
1,360 1,188
1,340 1,229
0 140 0
342 588 0
0 296 0
0 5,202 0
0 13 0
0 22 0
0 5 0
0 47 0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
104 48
104 51
76 53
87 54
108 55
132 54
159 53
182 52
6 2
385 29
291 19
174 14
140 10
106 6
86 4
68 2
Notes: Data on long-term public and publicly guaranteed debt include debt liabilities of Zanzibar. Data on long-term private nonguaranteed debt are World Bank staff estimates from 2004 to 2007. Data on long-term private nonguaranteed debt are reported by Central Bank from 2008. Tanzania was granted debt relief effective in 2006 under MDRI.
285
THAILAND (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
100,039 55,944 16,826 39,117 0 44,095 0
79,720 61,778 29,463 32,316 3,062 14,880 0
46,362 30,348 14,673 15,675 0 16,014 0
45,901 28,089 12,551 15,538 0 17,812 0
45,306 27,011 10,863 16,148 0 18,295 0
49,839 30,649 11,588 19,061 0 19,189 4
57,886 30,877 11,188 19,689 0 27,010 8
71,263 32,791 11,357 21,434 0 38,471 2
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
0 16,826 39,117 2,930
0 29,463 32,316 1,337
0 14,673 15,675 2,166
0 12,551 15,538 500
0 10,863 16,148 511
0 11,588 19,061 2,663
0 11,188 19,689 923
0 11,357 21,434 1,122
External debt flows Disbursements Long-term external debt IMF purchases
10,715 10,715 0
4,031 4,031 0
16,133 16,133 0
13,725 13,725 0
18,130 18,130 0
13,049 13,049 0
9,043 9,043 0
10,565 10,565 0
Principal repayments Long-term external debt IMF repurchases
4,398 4,398 0
9,142 8,945 198
16,553 16,553 0
12,834 12,834 0
20,475 20,475 0
15,226 15,226 0
10,911 10,911 0
9,661 9,661 0
Net flows Long-term external debt Short-term external debt
21,233 6,317 14,916
-13,649 -4,913 -8,538
4,106 -420 4,526
2,689 891 1,798
-1,862 -2,345 483
-1,288 -2,178 890
5,948 -1,868 7,816
12,373 905 11,468
Interest payments Long-term external debt IMF charges Short-term external debt
4,189 2,646 0 1,543
4,849 3,776 168 905
1,624 1,121 0 503
1,919 1,158 0 761
1,748 959 0 789
1,780 1,285 0 495
1,515 1,220 0 296
1,627 1,201 0 426
2,068 2,253
3,366 900
8,055 5,121
9,453 5,242
11,324 4,268
8,531 -3,802
4,976 1,334
6,306 3,430
1. Summary external debt data External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 47.7 0.2 0.9 27.2
.. 46.3 0.1 0.0 46.3
2.0 53.6 0.1 0.0 42.9
2.2 56.1 0.1 0.0 40.9
2.5 58.6 0.1 0.0 38.0
2.0 56.2 0.0 0.0 41.0
1.9 59.7 0.0 0.0 38.1
1.6 63.1 0.0 0.0 35.1
4.4 23.5 6.4
1.5 38.1 8.2
1.6 17.5 6.9
0.0 0.0 0.0
2.0 17.2 5.2
1.0 24.7 6.7
1.0 24.1 6.6
1.3 21.9 6.4
6.6 8.9 4.3
1.5 7.5 3.5
4.3 10.5 9.1
5.4 5.9 2.3
5.4 9.9 9.9
3.4 6.4 3.5
3.7 9.1 1.1
1.1 4.9 4.9
165,281 74,093 1,695 88,161 0 -13,582 36,939
120,809 85,997 1,697 77,269 0 9,313 32,665
167,799 133,171 1,187 143,821 4,501 -7,647 52,076
198,726 157,417 1,333 158,468 4,031 2,316 67,008
237,961 188,929 1,635 177,190 5,798 15,678 87,472
262,864 216,708 1,898 219,263 4,142 2,211 111,009
253,428 186,533 1,637 169,156 3,402 21,861 138,419
305,087 233,681 1,764 223,731 3,403 14,754 172,028
135.0 60.5 11.6 44.1 3.2 36.9 5.0
92.7 66.0 16.3 18.7 6.7 41.0 5.1
34.8 27.6 13.6 34.5 1.8 112.3 4.3
29.2 23.1 9.4 38.8 1.4 146.0 5.1
24.0 19.0 11.8 40.4 0.6 193.1 5.9
23.0 19.0 7.8 38.5 0.5 222.7 6.1
31.0 22.8 6.7 46.7 0.4 239.1 9.8
30.5 23.4 4.8 54.0 0.3 241.4 9.2
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
286
THAILAND (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
55,944 16,826 11,187 3,206 1,805 102 7,981 5,639 1,574 3,045 39,117 7,375
61,778 29,463 20,820 5,330 2,940 90 15,489 8,643 2,630 5,116 32,316 8,414
30,348 14,673 7,862 819 386 73 7,043 6,811 4,236 2,077 15,675 4,385
28,089 12,551 7,023 632 336 69 6,391 5,528 3,046 2,067 15,538 3,535
27,011 10,863 6,297 288 63 66 6,009 4,566 2,566 1,673 16,148 3,281
30,649 11,588 6,947 264 65 62 6,683 4,641 1,954 2,446 19,061 3,181
30,877 11,188 6,468 208 74 59 6,259 4,720 1,754 2,818 19,689 3,040
32,791 11,357 6,843 187 73 56 6,656 4,515 1,954 2,472 21,434 4,570
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
10,715 2,758 1,417 358 146 0 1,059 1,341 242 1,088 7,956 2,080
4,031 3,031 2,156 751 456 0 1,405 876 0 455 1,000 0
16,133 1,871 434 43 30 0 391 1,436 936 300 14,262 1,300
13,725 926 426 36 31 0 389 500 200 300 12,799 735
18,130 564 274 2 2 0 272 290 290 0 17,566 475
13,049 1,598 74 2 2 0 73 1,524 524 1,000 11,451 0
9,043 866 76 13 13 0 63 790 0 790 8,177 0
10,565 510 160 5 5 0 155 350 350 0 10,055 1,900
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
4,398 1,888 925 360 201 2 566 962 199 430 2,510 0
8,945 3,010 1,666 753 181 3 912 1,344 174 1,072 5,935 1,044
16,553 2,798 2,321 528 128 3 1,793 477 172 261 13,755 908
12,834 2,800 1,211 224 81 3 987 1,589 1,308 179 10,034 1,585
20,475 1,988 1,272 351 275 3 921 716 219 397 18,488 729
15,226 2,531 1,008 30 0 3 978 1,522 1,192 227 12,696 100
10,911 1,188 468 69 4 3 399 720 200 428 9,723 141
9,661 1,168 534 27 7 3 507 634 150 423 8,493 370
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
2,646 874 521 218 135 1 302 353 97 195 1,772 222
3,776 1,577 1,008 350 178 1 658 569 193 353 2,199 476
1,121 484 234 54 29 1 180 250 158 77 637 286
1,158 499 188 36 21 1 153 311 188 106 658 268
959 397 155 26 16 1 129 242 125 103 562 275
1,285 450 120 9 3 0 111 330 107 212 836 244
1,220 365 112 6 2 0 106 253 60 189 855 251
1,201 356 113 2 1 0 110 243 61 179 845 234
34,505 21,233
-17,050 -13,649
-3,072 4,106
-461 2,689
-595 -1,862
4,532 -1,288
8,048 5,948
13,376 12,373
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
7. Long-term external debt
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
482 124
427 125
449 122
452 118
510 111
542 103
550 94
537 84
6,151 534
3,999 428
3,371 351
2,344 297
3,191 229
873 173
1,324 149
526 127
Notes: Short-term debt data from 2007 are based on reports provided by the country.
287
TOGO (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
1,476 1,286 1,286 0 105 85 27
1,430 1,228 1,228 0 70 132 63
1,673 1,440 1,440 0 14 220 168
1,777 1,541 1,541 0 8 227 208
1,957 1,642 1,642 0 2 313 237
1,627 1,469 1,469 0 48 110 26
1,633 1,494 1,494 0 91 48 31
1,728 1,534 1,534 0 133 61 32
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
64 1,286 0 69
62 1,228 0 0
308 1,440 0 26
365 1,541 0 51
431 1,642 0 20
47 1,469 0 0
41 1,494 0 212
49 1,534 0 40
External debt flows Disbursements Long-term external debt IMF purchases
59 26 33
24 24 0
10 10 0
48 48 0
3 3 0
52 2 49
76 35 41
128 84 44
Principal repayments Long-term external debt IMF repurchases
18 7 11
19 10 9
19 8 11
22 16 6
11 4 7
142 141 2
41 41 0
26 26 0
Net flows Long-term external debt Short-term external debt
39 19 -2
-44 14 -49
17 2 26
-7 32 -33
49 -1 57
-83 -138 8
-33 -7 -67
113 58 12
Interest payments Long-term external debt IMF charges Short-term external debt
11 8 1 3
10 5 0 5
2 0 0 1
4 2 0 2
4 1 0 2
54 51 0 3
14 13 0 0
9 8 0 1
26 0
42 6
77 16
77 10
49 6
24 1
49 2
41 ..
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 3.3 1.7 10.9 47.4
.. 6.2 1.6 7.8 52.6
18.4 5.0 1.2 9.3 49.8
19.2 4.6 1.3 9.3 48.4
20.1 4.5 1.2 9.5 47.0
14.8 4.1 0.1 4.4 58.7
14.8 4.0 0.1 4.3 56.7
13.1 4.2 0.1 4.6 54.4
0.7 37.6 9.9
0.0 0.0 0.0
1.7 25.8 6.2
1.3 20.9 5.0
1.0 20.1 0.6
0.0 0.0 0.0
1.9 21.8 8.1
2.2 23.3 7.5
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
1,265 473 15 713 1 -122 130
1,300 457 34 664 17 -140 141
1,831 857 193 1,249 47 -204 192
1,995 879 232 1,299 55 -176 375
2,198 974 284 1,469 44 -216 438
2,804 1,217 337 1,760 49 -219 582
2,812 1,265 335 1,777 42 -177 703
2,826 .. 333 .. .. .. 715
311.7 116.7 6.2 5.8 48.3 8.8 2.2
313.1 110.0 6.5 9.3 53.6 9.9 2.5
195.2 91.4 2.4 13.1 52.6 11.4 1.8
202.2 89.1 3.0 12.8 53.0 21.1 3.5
200.9 89.0 1.5 16.0 50.8 22.4 3.6
133.7 58.0 16.1 6.8 52.0 35.8 4.0
129.1 58.1 4.4 3.0 50.6 43.1 4.7
.. 61.1 .. 3.5 48.4 41.4 ..
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
288
TOGO (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
1,286 1,286 1,235 713 0 541 522 52 0 52 0 0
1,228 1,228 1,228 766 0 604 461 0 0 0 0 0
1,440 1,440 1,440 880 0 667 560 0 0 0 0 0
1,541 1,541 1,541 942 0 696 599 0 0 0 0 0
1,642 1,642 1,642 994 0 723 648 0 0 0 0 0
1,469 1,469 1,469 846 0 604 623 0 0 0 0 0
1,494 1,494 1,494 827 0 586 667 0 0 0 0 0
1,534 1,534 1,534 837 0 554 697 0 0 0 0 0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
26 26 26 26 0 20 0 0 0 0 0 0
24 24 24 21 0 15 4 0 0 0 0 0
10 10 10 10 0 0 0 0 0 0 0 0
48 48 48 25 0 0 23 0 0 0 0 0
3 3 3 3 0 0 0 0 0 0 0 0
2 2 2 2 0 0 0 0 0 0 0 0
35 35 35 12 0 0 23 0 0 0 0 0
84 84 84 47 0 0 37 0 0 0 0 0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
7 7 7 6 0 3 1 0 0 0 0 0
10 10 10 9 0 5 2 0 0 0 0 0
8 8 8 1 0 0 7 0 0 0 0 0
16 16 16 2 0 0 14 0 0 0 0 0
4 4 4 3 0 0 2 0 0 0 0 0
141 141 141 140 0 117 1 0 0 0 0 0
41 41 41 41 0 22 0 0 0 0 0 0
26 26 26 26 0 22 0 0 0 0 0 0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8 8 8 5 0 4 3 0 0 0 0 0
5 5 5 5 0 3 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0
2 2 2 0 0 0 1 0 0 0 0 0
1 1 1 1 0 0 1 0 0 0 0 0
51 51 51 51 0 40 0 0 0 0 0 0
13 13 13 12 0 5 1 0 0 0 0 0
8 8 8 7 0 4 1 0 0 0 0 0
20 39
-94 -44
-151 17
104 -7
180 49
-329 -83
6 -33
95 113
133 107 0
0 0 0
0 0 0
0 0 0
0 0 0
274 319 0
35 12 0
30 10 0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
56 26
58 26
61 26
71 25
70 24
74 23
75 21
74 20
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
Notes: Data on long-term public and publicly guaranteed debt include the effects of Paris Club debt restructuring agreement signed in 2008, 2009, and 2010. Only partial implementation is included because of the late agreement date in 2010.
289
TONGA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
62.8 62.8 62.8 0.0 0.0 0.0 0.0
65.2 65.0 65.0 0.0 0.0 0.2 0.2
79.6 79.5 79.5 0.0 0.0 0.1 0.1
81.7 81.6 81.6 0.0 0.0 0.1 0.1
86.5 86.5 86.5 0.0 0.0 0.0 0.0
88.8 88.8 88.8 0.0 0.0 0.0 0.0
104.6 104.6 104.6 0.0 0.0 0.0 0.0
143.5 143.5 143.5 0.0 0.0 0.0 0.0
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
0.0 62.8 0.0 12.0
0.4 65.0 0.0 0.0
0.6 79.5 0.0 1.0
1.3 81.6 0.0 0.0
0.8 86.5 0.0 57.9
0.4 88.8 0.0 0.0
0.7 104.6 0.0 0.9
0.0 143.5 0.0 43.1
External debt flows Disbursements Long-term external debt IMF purchases
6.2 6.2 0.0
5.4 5.4 0.0
4.5 4.5 0.0
2.8 2.8 0.0
4.5 4.5 0.0
8.5 8.5 0.0
17.4 17.4 0.0
40.9 40.9 0.0
Principal repayments Long-term external debt IMF repurchases
2.4 2.4 0.0
3.7 3.7 0.0
3.7 3.7 0.0
3.2 3.2 0.0
3.6 3.6 0.0
3.7 3.7 0.0
2.4 2.4 0.0
2.7 2.7 0.0
Net flows Long-term external debt Short-term external debt
3.8 3.8 0.0
1.8 1.8 0.0
0.9 0.9 0.0
-0.4 -0.4 0.0
0.9 0.9 0.0
4.8 4.8 0.0
14.9 14.9 0.0
38.2 38.2 0.0
Interest payments Long-term external debt IMF charges Short-term external debt
0.7 0.7 0.0 0.0
0.9 0.9 0.0 0.0
1.2 1.2 0.0 0.0
0.8 0.8 0.0 0.0
1.1 1.1 0.0 0.0
1.7 1.7 0.0 0.0
1.4 1.4 0.0 0.0
2.3 2.3 0.0 0.0
.. ..
4.8 ..
7.2 ..
10.1 ..
27.7 ..
4.2 ..
0.0 ..
16.2 ..
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 0.0 1.6 0.0 10.7
.. 0.0 0.2 0.0 4.8
7.3 0.0 0.0 0.0 28.0
5.8 0.0 0.0 0.0 31.2
3.6 0.0 0.0 0.0 35.1
0.1 0.0 0.0 0.0 33.8
0.1 0.0 0.0 0.0 30.3
0.0 0.0 0.0 0.0 21.4
4.5 35.9 8.9
0.0 0.0 0.0
0.8 39.9 10.4
0.0 0.0 0.0
2.0 20.8 5.8
0.0 0.0 0.0
0.0 0.0 0.0
2.0 20.2 5.2
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
3.7 10.1 0.0
0.0 11.5 0.0
206.2 .. .. .. .. .. 28.7
191.0 .. .. .. .. .. 24.6
259.6 59.5 68.9 157.3 .. -21.3 46.9
300.1 44.2 78.9 158.1 0.0 -31.1 48.0
312.2 51.1 101.3 181.3 0.0 -19.4 65.2
355.5 60.1 94.3 222.4 0.0 -66.0 69.8
332.6 53.6 71.5 194.4 0.0 -54.2 95.7
361.7 54.9 84.6 160.3 .. .. 104.5
.. 30.5 .. .. 66.4 45.7 ..
.. 34.2 .. 0.4 81.9 37.8 ..
133.9 30.7 8.2 0.1 84.4 58.9 3.6
184.7 27.2 9.1 0.2 85.4 58.7 3.6
169.2 27.7 9.2 .. 87.0 75.4 4.3
147.9 25.0 9.1 .. 81.3 78.5 3.8
195.1 31.4 7.2 .. 69.7 91.5 5.9
261.4 39.7 9.1 .. 49.3 72.8 7.8
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
290
TONGA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
62.8 62.8 58.5 41.7 0.0 4.8 16.8 4.3 0.0 0.0 0.0 0.0
65.0 65.0 65.0 53.4 0.0 4.0 11.6 0.0 0.0 0.0 0.0 0.0
79.5 79.5 79.5 67.2 0.0 12.6 12.3 0.0 0.0 0.0 0.0 0.0
81.6 81.6 81.6 69.8 0.0 16.0 11.8 0.0 0.0 0.0 0.0 0.0
86.5 86.5 86.5 75.2 0.0 21.1 11.2 0.0 0.0 0.0 0.0 0.0
88.8 88.8 88.8 72.2 0.0 21.6 16.6 0.0 0.0 0.0 0.0 0.0
104.6 104.6 103.7 72.9 0.0 23.2 30.8 0.9 0.0 0.0 0.0 0.0
143.5 143.5 142.4 70.8 0.0 23.6 71.7 1.1 0.0 0.3 0.0 0.0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
6.2 6.2 6.2 6.2 0.0 0.2 0.0 0.0 0.0 0.0 0.0 0.0
5.4 5.4 5.4 3.0 0.0 0.0 2.4 0.0 0.0 0.0 0.0 0.0
4.5 4.5 4.5 4.5 0.0 4.5 0.0 0.0 0.0 0.0 0.0 0.0
2.8 2.8 2.8 2.8 0.0 2.8 0.0 0.0 0.0 0.0 0.0 0.0
4.5 4.5 4.5 4.5 0.0 4.5 0.0 0.0 0.0 0.0 0.0 0.0
8.5 8.5 8.5 0.7 0.0 0.7 7.8 0.0 0.0 0.0 0.0 0.0
17.4 17.4 16.5 1.6 0.0 1.6 15.0 0.8 0.0 0.0 0.0 0.0
40.9 40.9 40.7 1.0 0.0 1.0 39.7 0.2 0.0 0.2 0.0 0.0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
2.4 2.4 2.4 0.8 0.0 0.0 1.7 0.0 0.0 0.0 0.0 0.0
3.7 3.7 2.4 1.0 0.0 0.1 1.4 1.3 0.0 0.0 0.0 0.0
3.7 3.7 3.7 2.6 0.0 0.1 1.1 0.0 0.0 0.0 0.0 0.0
3.2 3.2 3.2 2.0 0.0 0.1 1.2 0.0 0.0 0.0 0.0 0.0
3.6 3.6 3.6 2.1 0.0 0.1 1.4 0.0 0.0 0.0 0.0 0.0
3.7 3.7 3.7 2.3 0.0 0.1 1.5 0.0 0.0 0.0 0.0 0.0
2.4 2.4 2.4 1.5 0.0 0.1 0.8 0.0 0.0 0.0 0.0 0.0
2.7 2.7 2.6 2.0 0.0 0.2 0.6 0.1 0.0 0.0 0.0 0.0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
0.7 0.7 0.7 0.5 0.0 0.0 0.2 0.0 0.0 0.0 0.0 0.0
0.9 0.9 0.8 0.5 0.0 0.0 0.3 0.1 0.0 0.0 0.0 0.0
1.2 1.2 1.2 0.9 0.0 0.1 0.3 0.0 0.0 0.0 0.0 0.0
0.8 0.8 0.8 0.7 0.0 0.1 0.1 0.0 0.0 0.0 0.0 0.0
1.1 1.1 1.1 0.8 0.0 0.1 0.3 0.0 0.0 0.0 0.0 0.0
1.7 1.7 1.7 0.9 0.0 0.2 0.8 0.0 0.0 0.0 0.0 0.0
1.4 1.4 1.4 0.6 0.0 0.2 0.8 0.0 0.0 0.0 0.0 0.0
2.3 2.3 2.3 0.6 0.0 0.2 1.6 0.1 0.0 0.0 0.0 0.0
5.2 3.8
-3.6 1.8
-5.3 0.9
2.1 -0.4
4.8 0.9
2.4 4.8
15.8 14.9
38.9 38.2
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 1.7 0.0
0.0 0.0 0.0
0.0 0.0 0.0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
4.4 2.9
4.5 3.0
6.7 3.0
7.8 3.0
10.6 2.9
10.6 2.8
10.6 2.6
10.2 2.4
0.1 0.0
0.1 0.0
0.1 0.0
0.1 0.0
0.1 0.0
0.1 0.0
0.1 0.0
0.1 0.0
Notes: Short-term debt data from 2005 and long-term private nonguaranteed debt data from 2009 are based on reports provided by the country.
291
TUNISIA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
10,818 9,215 9,022 193 293 1,310 0
11,307 9,684 8,884 800 32 1,590 0
17,875 14,740 12,999 1,741 0 3,135 0
18,634 15,277 13,438 1,839 0 3,357 0
20,441 16,457 14,508 1,949 0 3,984 0
20,773 16,446 14,439 2,007 0 4,327 0
21,711 16,910 14,840 2,070 0 4,801 0
21,584 16,605 14,609 1,996 0 4,979 0
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
1 9,016 200 1,949
0 8,884 800 1,412
0 12,969 1,772 1,738
0 13,408 1,869 1,175
0 14,418 2,038 992
0 14,344 2,102 1,497
0 14,692 2,218 1,511
0 14,412 2,193 812
External debt flows Disbursements Long-term external debt IMF purchases
1,389 1,389 0
1,542 1,542 0
1,256 1,256 0
1,453 1,453 0
1,615 1,615 0
1,079 1,079 0
1,547 1,547 0
1,714 1,714 0
Principal repayments Long-term external debt IMF repurchases
939 924 15
1,336 1,295 40
1,186 1,186 0
1,652 1,652 0
1,570 1,570 0
1,167 1,167 0
1,347 1,347 0
1,633 1,633 0
Net flows Long-term external debt Short-term external debt
654 465 204
259 246 52
-141 69 -210
22 -200 222
672 45 627
255 -88 343
675 201 474
258 81 177
Interest payments Long-term external debt IMF charges Short-term external debt
541 486 17 38
570 489 3 78
848 686 0 162
881 686 0 195
926 742 0 184
845 744 0 101
758 700 0 58
716 647 0 68
264 12
752 -18
723 12
3,270 65
1,532 30
2,638 -39
1,595 -89
1,401 -26
1. Summary external debt data External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 13.5 0.0 0.2 17.5
.. 21.6 0.5 0.7 30.0
40.1 17.4 0.3 0.5 20.3
46.7 14.4 0.2 0.4 17.7
50.2 15.4 0.1 0.3 14.3
48.5 19.5 0.1 0.3 12.8
49.0 18.5 0.1 0.3 12.5
49.1 18.2 0.1 0.2 12.0
6.2 24.2 4.6
4.0 20.8 6.0
3.1 19.0 3.7
2.9 21.3 6.5
2.1 22.3 5.9
2.9 20.7 5.2
2.0 21.7 5.3
1.2 21.6 4.1
6.0 8.5 5.1
3.9 14.4 12.5
4.4 14.4 12.7
4.8 13.2 1.8
3.4 19.9 18.9
4.5 11.3 1.6
3.2 15.8 4.4
1.9 16.9 4.1
17,174 8,098 680 9,646 174 -774 1,689
18,526 8,701 796 10,347 468 -821 1,871
27,309 14,969 1,393 16,580 962 -299 4,548
29,553 16,350 1,510 18,412 988 -619 6,912
33,625 20,631 1,716 23,167 1,523 -917 8,032
38,471 25,719 1,977 29,352 1,958 -1,711 9,039
41,240 20,235 1,964 23,420 1,588 -1,234 11,294
42,242 22,667 1,970 26,706 1,658 -2,104 9,764
133.6 63.0 18.3 12.1 35.0 15.6 2.1
129.9 61.0 21.9 14.1 30.7 16.6 2.2
119.4 65.5 13.6 17.5 30.6 25.4 3.3
114.0 63.1 15.5 18.0 30.4 37.1 4.5
99.1 60.8 12.1 19.5 30.5 39.3 4.2
80.8 54.0 7.8 20.8 28.5 43.5 3.7
107.3 52.6 10.4 22.1 30.0 52.0 5.8
95.2 51.1 10.4 23.1 30.9 45.2 4.4
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
292
TUNISIA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
9,215 9,022 7,398 3,783 1,717 49 3,616 1,624 535 236 193 0
9,684 8,884 6,089 3,477 1,211 39 2,612 2,795 1,327 786 800 0
14,740 12,999 8,387 5,477 1,565 28 2,909 4,613 3,510 817 1,741 0
15,277 13,438 8,724 5,657 1,444 26 3,067 4,714 3,636 847 1,839 0
16,457 14,508 9,536 6,227 1,571 24 3,308 4,972 3,899 900 1,949 0
16,446 14,439 9,263 5,919 1,353 22 3,344 5,176 4,050 998 2,007 0
16,910 14,840 9,960 6,514 1,385 20 3,446 4,880 3,776 994 2,070 0
16,605 14,609 10,158 6,664 1,381 18 3,494 4,452 3,819 570 1,996 0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
1,389 1,359 611 467 138 0 145 747 588 56 30 0
1,542 1,242 709 428 136 0 281 533 0 488 300 0
1,256 1,126 843 606 177 0 236 283 249 32 130 0
1,453 1,283 963 673 112 0 290 320 251 67 170 0
1,615 1,426 1,103 846 161 0 256 324 255 68 189 0
1,079 909 831 550 70 0 282 77 0 72 170 0
1,547 1,367 1,314 943 184 0 370 54 0 50 180 0
1,714 1,540 1,504 1,094 234 0 411 36 0 29 174 0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
924 889 639 363 203 2 276 250 0 63 35 0
1,295 1,263 661 408 150 2 253 602 371 134 32 0
1,186 1,128 868 533 232 2 336 260 136 63 58 0
1,652 1,580 1,152 843 366 2 309 429 301 67 72 0
1,570 1,491 1,094 783 169 2 310 397 250 86 79 0
1,167 1,055 952 635 273 2 317 102 0 62 112 0
1,347 1,230 832 502 152 2 330 399 313 61 117 0
1,633 1,385 873 546 157 2 327 512 0 462 249 0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
486 478 368 255 129 0 113 110 14 18 8 0
489 479 297 215 79 0 82 182 99 37 10 0
686 584 332 249 69 0 83 251 200 36 102 0
686 595 336 262 72 0 74 259 211 35 91 0
742 619 354 270 67 0 83 265 216 38 123 0
744 629 364 286 74 0 78 265 217 39 115 0
700 598 334 261 57 0 73 263 217 40 102 0
647 546 308 237 42 0 71 238 193 39 102 0
1,205 654
-553 259
-1,627 -141
759 22
1,807 672
332 255
939 675
-127 258
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
7. Long-term external debt
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
1,246 280
1,098 271
1,037 256
1,032 238
1,055 215
988 192
958 167
874 144
1,437 310
1,112 223
847 165
260 135
211 124
168 114
413 104
106 88
Notes: Long-term private nonguaranteed debt data for 2010 are World Bank staff estimates based on information provided by the government. Short-term debt is based on reports provided by the country.
293
TURKEY (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
73,781 57,396 50,317 7,079 685 15,701 0
116,646 83,558 55,730 27,828 4,176 28,912 0
168,818 115,889 64,470 51,418 14,646 38,283 0
204,788 151,403 69,827 81,576 10,762 42,623 0
252,950 202,656 82,455 120,201 7,158 43,135 0
284,080 222,452 83,764 138,687 8,524 53,104 0
271,225 213,555 87,083 126,472 7,958 49,711 0
293,872 210,123 93,088 117,035 5,627 78,123 0
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
0 50,131 7,265 4,435
0 55,713 27,846 14,470
0 64,299 51,589 10,464
0 69,616 81,787 11,233
0 81,973 120,683 15,722
0 82,706 139,745 12,258
0 85,810 127,746 8,716
0 91,707 118,415 16,476
External debt flows Disbursements Long-term external debt IMF purchases
6,980 6,638 341
26,414 22,955 3,459
40,595 38,135 2,461
58,813 55,872 2,941
72,829 71,682 1,147
68,553 64,999 3,554
39,605 39,605 0
46,499 46,499 0
Principal repayments Long-term external debt IMF repurchases
7,020 7,020 0
13,831 13,744 87
31,279 23,499 7,780
31,002 23,510 7,493
36,681 31,517 5,164
42,066 40,099 1,967
50,013 49,307 706
47,187 45,016 2,171
Net flows Long-term external debt Short-term external debt
4,350 -382 4,391
18,023 9,211 5,440
16,738 14,636 7,422
32,151 32,363 4,340
36,661 40,165 512
36,456 24,899 9,969
-13,801 -9,702 -3,393
27,724 1,483 28,412
Interest payments Long-term external debt IMF charges Short-term external debt
4,431 3,464 24 942
6,853 5,000 52 1,800
8,515 6,224 951 1,340
9,719 7,428 799 1,492
12,111 10,038 563 1,510
13,450 11,183 408 1,859
12,226 10,295 192 1,740
11,501 8,637 130 2,734
885 195
982 489
10,031 5,669
20,185 1,939
22,047 5,138
19,504 716
8,409 2,827
9,278 3,468
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 23.3 0.9 2.9 38.3
.. 12.1 0.8 0.3 58.0
23.4 3.8 0.1 0.2 72.0
25.1 3.2 0.0 0.2 70.9
26.8 2.8 0.0 0.2 69.7
27.3 3.8 0.0 0.3 68.2
29.5 3.7 0.0 0.2 66.1
31.1 4.5 0.0 0.2 63.8
5.4 17.7 5.7
6.5 14.6 4.8
2.8 24.6 6.7
4.5 16.2 6.2
4.4 18.2 6.9
3.9 22.0 6.8
2.5 18.2 7.1
1.5 20.5 9.9
6.3 4.5 2.7
8.6 11.3 8.5
6.1 13.1 12.1
6.4 11.5 10.0
6.5 14.7 13.0
6.9 13.2 10.9
6.7 9.0 8.6
4.7 16.6 12.7
166,281 38,070 3,327 44,806 312 -2,338 13,891
262,566 53,189 4,560 67,873 279 -9,920 23,515
477,141 108,782 887 132,433 1,051 -22,197 52,494
524,244 123,637 1,146 157,794 1,182 -32,249 63,265
640,047 150,811 1,248 191,488 2,213 -38,434 76,496
721,975 182,932 1,476 227,004 2,940 -41,959 73,675
606,365 148,466 970 164,756 2,914 -13,991 74,933
727,445 159,736 874 208,804 3,044 -47,739 85,959
193.8 44.4 30.1 21.3 12.1 18.8 3.7
219.3 44.4 38.9 24.8 4.9 20.2 4.2
155.2 35.4 36.6 22.7 4.5 31.1 4.8
165.6 39.1 32.9 20.8 4.3 30.9 4.8
167.7 39.5 32.4 17.1 4.8 30.2 4.8
155.3 39.3 30.3 18.7 4.9 25.9 3.9
182.7 44.7 41.9 18.3 6.2 27.6 5.5
184.0 40.4 36.7 26.6 6.7 29.3 4.9
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
294
TURKEY (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
57,396 50,317 17,324 8,962 4,939 130 8,362 32,993 13,646 15,643 7,079 149
83,558 55,730 12,537 5,684 3,634 101 6,853 43,193 21,766 19,313 27,828 1,784
115,889 64,470 12,435 7,622 5,829 71 4,813 52,035 30,434 20,836 51,418 4,025
151,403 69,827 13,469 8,758 6,854 65 4,711 56,358 34,390 21,386 81,576 5,776
202,656 82,455 17,083 12,074 7,541 59 5,009 65,372 41,888 22,996 120,201 6,662
222,452 83,764 19,713 13,819 8,046 54 5,894 64,051 41,343 22,293 138,687 6,759
213,555 87,083 23,128 16,842 9,769 48 6,285 63,956 43,058 20,503 126,472 6,606
210,123 93,088 26,504 19,780 11,563 42 6,724 66,584 46,276 19,837 117,035 8,502
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
6,638 4,862 808 466 422 0 342 4,053 2,343 1,256 1,777 0
22,955 14,075 2,393 1,490 1,291 0 903 11,682 7,118 4,207 8,881 454
38,135 7,756 1,001 851 461 0 151 6,754 5,230 1,520 30,379 3,125
55,872 9,511 2,377 2,013 1,796 0 364 7,134 5,509 1,624 46,362 1,727
71,682 13,300 3,119 2,754 1,223 0 366 10,181 7,463 2,698 58,382 950
64,999 10,679 3,850 2,781 1,198 0 1,069 6,829 4,000 2,764 54,320 150
39,605 9,866 4,773 3,719 2,281 0 1,054 5,093 3,739 1,275 29,739 150
46,499 14,637 5,620 4,788 2,785 0 832 9,017 6,665 2,180 31,862 2,300
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
7,020 5,987 1,991 1,229 882 6 762 3,996 1,716 1,579 1,033 0
13,744 6,268 1,745 1,043 486 6 702 4,523 1,869 1,782 7,476 0
23,499 7,957 1,653 863 755 6 790 6,303 3,993 2,028 15,543 1,150
23,510 6,133 1,672 1,003 807 6 668 4,462 2,463 1,801 17,376 0
31,517 6,491 1,674 960 666 6 714 4,816 2,798 1,891 25,026 200
40,099 7,666 1,576 934 628 6 642 6,091 3,902 2,053 32,433 0
49,307 6,469 1,650 1,002 662 6 648 4,819 2,387 2,333 42,838 350
45,016 5,959 1,788 1,131 690 6 657 4,171 2,684 1,393 39,057 320
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
3,464 3,126 977 656 396 1 321 2,149 1,074 782 339 13
5,000 3,467 659 374 237 1 285 2,807 1,598 1,064 1,533 126
6,224 4,636 596 448 248 1 148 4,040 2,938 1,049 1,587 338
7,428 4,590 531 407 329 1 125 4,059 2,862 1,155 2,838 328
10,038 5,437 661 531 389 0 130 4,776 3,507 1,233 4,600 412
11,183 5,327 703 577 360 0 126 4,624 3,488 1,110 5,856 371
10,295 4,945 651 522 304 0 129 4,294 3,324 952 5,350 288
8,637 4,684 488 371 166 0 117 4,197 3,417 765 3,953 228
7,532 4,350
15,019 18,023
9,327 16,738
35,971 32,151
48,161 36,661
31,130 36,456
-12,856 -13,801
22,648 27,724
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
1,890 610
1,994 623
2,176 619
2,323 597
2,434 562
2,920 506
3,084 447
1,855 373
34,136 7,215
26,195 7,212
20,415 6,918
15,230 5,506
16,015 5,730
11,728 4,440
11,867 4,192
5,674 3,146
Notes: Historical data are revised as data in previous publications included local currency debt data. Data on long-term public and publicly guaranteed debt include nonresident deposits made under the Dresdner Bank scheme, amounting to $10.2 billion at end-2010. Short-term debt data are based on government statistics.
295
TURKMENISTAN (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
402.2 384.9 384.9 0.0 0.0 17.4 9.4
2518.3 2288.1 2271.3 16.7 0.0 230.3 5.0
1058.0 911.0 877.8 33.1 0.0 147.0 5.0
886.0 734.3 730.5 3.9 0.0 151.7 3.7
743.4 649.9 648.2 1.8 0.0 93.5 3.5
638.2 587.4 586.8 0.6 0.0 50.8 0.8
552.0 477.2 463.3 13.9 0.0 74.8 0.8
421.6 366.8 359.5 7.4 0.0 54.8 0.8
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
130.2 384.9 0.0 290.5
148.1 2271.3 16.7 4.7
16.9 877.8 33.1 22.0
1.4 730.5 3.9 50.2
1.7 648.2 1.8 65.7
1.7 586.8 0.6 0.0
1.7 463.3 13.9 0.0
1.7 359.5 7.4 0.0
External debt flows Disbursements Long-term external debt IMF purchases
113.0 113.0 0.0
430.1 430.1 0.0
89.0 89.0 0.0
9.5 9.5 0.0
38.9 38.9 0.0
25.9 25.9 0.0
35.2 35.2 0.0
25.5 25.5 0.0
Principal repayments Long-term external debt IMF repurchases
80.3 80.3 0.0
353.0 353.0 0.0
261.4 261.4 0.0
216.5 216.5 0.0
166.3 166.3 0.0
140.8 140.8 0.0
146.4 146.4 0.0
142.8 142.8 0.0
Net flows Long-term external debt Short-term external debt
-39.2 32.8 -72.0
-1.6 77.1 -78.8
-280.4 -172.4 -108.0
-200.9 -206.9 6.0
-185.4 -127.4 -58.0
-154.9 -114.9 -40.0
-87.2 -111.2 24.0
-137.4 -117.4 -20.0
Interest payments Long-term external debt IMF charges Short-term external debt
24.1 22.1 0.0 2.0
115.2 101.9 0.0 13.2
45.9 39.1 0.0 6.8
38.3 33.2 0.0 5.1
33.9 29.8 0.0 4.0
28.9 26.7 0.0 2.2
18.6 17.6 0.0 1.0
11.5 10.8 0.0 0.8
233.0 ..
131.0 ..
418.2 ..
730.9 ..
856.0 ..
1277.0 ..
3867.0 ..
2083.0 ..
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 0.0 0.0 0.0 72.1
.. 31.6 0.0 0.0 51.5
31.8 43.7 0.0 0.0 18.2
35.9 43.3 0.0 0.0 13.4
35.6 40.5 0.0 0.0 9.8
30.9 41.5 0.0 0.0 7.9
32.5 33.4 0.0 0.0 6.4
29.1 28.9 0.0 0.0 3.6
4.4 13.4 2.8
4.0 10.2 3.7
1.4 13.8 6.0
3.2 20.1 4.6
3.0 20.0 3.5
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
6.5 7.4 1.9
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
2500.6 .. .. .. .. .. 1168.0
2727.4 .. .. .. .. .. ..
7541.4 .. .. .. .. .. ..
9651.6 .. .. .. .. .. ..
11917.2 .. .. .. .. .. ..
15861.1 .. .. .. .. .. ..
17177.8 .. .. .. .. .. ..
19774.0 .. .. .. .. .. ..
.. 16.1 .. 4.3 14.5 290.4 ..
.. 92.3 .. 9.1 1.9 .. ..
.. 14.0 .. 13.9 3.8 .. ..
.. 9.2 .. 17.1 3.4 .. ..
.. 6.2 .. 12.6 3.1 .. ..
.. 4.0 .. 8.0 3.1 .. ..
.. 3.2 .. 13.5 3.1 .. ..
.. 2.1 .. 13.0 3.4 .. ..
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
296
TURKMENISTAN (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
384.9 384.9 218.8 58.2 0.9 0.0 160.6 166.0 0.0 0.0 0.0 0.0
2288.1 2271.3 838.6 48.3 28.0 0.0 790.3 1432.7 0.0 240.5 16.7 0.0
911.0 877.8 685.9 40.4 29.1 0.0 645.4 192.0 0.0 125.4 33.1 0.0
734.3 730.5 575.2 30.1 21.0 0.0 545.1 155.3 0.0 109.1 3.9 0.0
649.9 648.2 523.4 23.0 15.4 0.0 500.4 124.8 0.0 90.2 1.8 0.0
587.4 586.8 500.2 20.1 14.2 0.0 480.2 86.5 0.0 63.5 0.6 0.0
477.2 463.3 409.5 17.4 12.8 0.0 392.1 53.9 0.0 42.3 13.9 0.0
366.8 359.5 341.6 14.4 11.4 0.0 327.2 17.8 0.0 17.8 7.4 0.0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
113.0 113.0 32.3 1.0 1.0 0.0 31.4 80.7 0.0 0.0 0.0 0.0
430.1 420.9 292.6 29.3 20.1 0.0 263.3 128.3 0.0 91.2 9.2 0.0
89.0 24.9 24.9 0.5 0.0 0.0 24.4 0.0 0.0 0.0 64.1 0.0
9.5 9.1 9.1 0.0 0.0 0.0 9.1 0.0 0.0 0.0 0.5 0.0
38.9 38.9 38.9 0.0 0.0 0.0 38.9 0.0 0.0 0.0 0.0 0.0
25.9 25.6 25.6 0.0 0.0 0.0 25.6 0.0 0.0 0.0 0.3 0.0
35.2 22.4 22.4 0.0 0.0 0.0 22.4 0.0 0.0 0.0 12.8 0.0
25.5 17.9 17.9 0.0 0.0 0.0 17.9 0.0 0.0 0.0 7.5 0.0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
80.3 80.3 19.6 0.0 0.0 0.0 19.6 60.7 0.0 0.0 0.0 0.0
353.0 347.4 44.0 4.7 0.5 0.0 39.3 303.4 0.0 13.0 5.5 0.0
261.4 189.1 112.6 4.6 1.8 0.0 108.0 76.5 0.0 34.7 72.3 0.0
216.5 188.0 140.5 10.9 8.2 0.0 129.6 47.5 0.0 27.1 28.5 0.0
166.3 164.3 124.6 7.5 5.6 0.0 117.2 39.7 0.0 28.2 2.0 0.0
140.8 139.3 104.3 2.8 1.2 0.0 101.5 35.0 0.0 23.5 1.5 0.0
146.4 146.4 112.4 2.8 1.3 0.0 109.6 34.0 0.0 22.5 0.0 0.0
142.8 129.8 96.7 2.9 1.4 0.0 93.8 33.1 0.0 21.6 13.0 0.0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
22.1 22.1 11.7 1.9 0.1 0.0 9.8 10.3 0.0 0.0 0.0 0.0
101.9 101.2 27.8 2.5 1.3 0.0 25.3 73.4 0.0 8.5 0.7 0.0
39.1 37.3 23.9 1.9 1.0 0.0 22.0 13.4 0.0 5.9 1.8 0.0
33.2 32.3 23.7 2.4 1.5 0.0 21.3 8.6 0.0 5.1 0.9 0.0
29.8 29.6 19.8 1.7 1.1 0.0 18.1 9.7 0.0 6.9 0.3 0.0
26.7 26.6 20.1 1.1 0.6 0.0 18.9 6.6 0.0 4.9 0.1 0.0
17.6 17.1 14.3 0.7 0.3 0.0 13.6 2.8 0.0 2.3 0.4 0.0
10.8 10.3 9.6 0.4 0.1 0.0 9.2 0.8 0.0 0.7 0.4 0.0
-28.8 -39.2
-118.0 -1.6
-464.3 -280.4
-172.0 -200.9
-142.6 -185.4
-105.2 -154.9
-86.2 -87.2
-130.4 -137.4
0.0 0.0 0.0
48.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
7. Long-term external debt
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
96.1 8.5
37.5 6.7
35.3 6.0
35.7 5.3
35.7 4.6
16.2 3.7
13.8 3.3
12.9 3.0
19.8 0.5
1.9 0.1
1.8 0.1
1.2 0.0
0.6 0.0
0.0 0.0
0.0 0.0
0.0 0.0
Notes: Data on long-term public and publicly guaranteed debt for 2010 are World Bank staff estimates. Long-term private nonguaranteed debt data only cover European Bank for Reconstruction and Development.
297
UGANDA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
3,609 3,089 3,089 0 417 103 69
3,497 3,051 3,051 0 316 129 58
4,395 4,184 4,184 0 131 79 29
1,232 1,075 1,075 0 9 148 27
1,582 1,546 1,546 0 9 26 26
2,221 1,754 1,754 0 9 458 26
2,465 2,221 2,221 0 9 235 26
2,994 2,671 2,671 0 9 314 26
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
226 3,066 23 95
124 3,047 5 145
75 4,184 0 382
64 1,075 0 166
53 1,545 1 686
51 1,753 1 621
51 2,216 5 783
51 2,666 5 908
External debt flows Disbursements Long-term external debt IMF purchases
290 234 56
230 219 12
230 224 6
250 247 3
473 473 0
275 275 0
493 493 0
486 486 0
Principal repayments Long-term external debt IMF repurchases
97 69 28
48 26 21
135 99 36
70 70 0
50 50 0
52 52 0
49 49 0
40 40 0
Net flows Long-term external debt Short-term external debt
189 165 -4
177 192 -6
85 125 -10
251 177 71
303 424 -121
655 223 432
221 444 -223
525 446 79
Interest payments Long-term external debt IMF charges Short-term external debt
38 34 2 2
26 21 2 4
35 33 0 3
28 24 0 4
15 12 0 3
22 15 0 6
22 18 0 4
24 21 0 3
121 ..
161 ..
380 ..
644 19
792 -23
729 13
789 131
817 -70
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 1.2 2.1 0.0 66.2
.. 1.8 0.6 0.0 62.5
2.8 0.0 0.0 0.0 67.8
14.2 0.0 0.0 0.0 55.1
10.3 0.0 0.0 0.0 48.1
7.5 0.3 0.0 0.0 46.5
5.1 0.5 0.0 0.0 47.6
3.4 0.8 0.0 0.0 47.2
0.9 39.2 10.0
0.8 40.0 7.9
0.8 45.7 10.2
0.8 39.3 9.8
0.8 41.1 9.9
0.7 40.7 9.9
0.9 41.8 9.0
0.6 40.2 11.1
0.0 0.0 0.0
7.5 8.2 2.8
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
5,698 682 .. 1,603 60 -281 459
6,086 716 238 1,574 19 -359 808
8,966 1,591 322 2,653 202 -26 1,344
9,728 1,785 411 3,297 249 -396 1,811
11,687 2,466 452 4,275 262 -701 2,560
14,160 3,137 724 5,691 250 -1,314 2,301
15,516 3,335 778 5,547 164 -1,064 2,994
16,720 3,494 915 6,425 192 -1,740 2,838
529.2 63.3 19.8 2.8 61.8 12.7 3.4
488.2 57.5 10.3 3.7 75.3 23.1 6.2
276.3 49.0 10.7 1.8 89.5 30.6 6.1
69.0 12.7 5.5 12.0 69.0 147.0 6.6
64.2 13.5 2.6 1.7 84.4 161.8 7.2
70.8 15.7 2.4 20.6 70.2 103.6 4.9
73.9 15.9 2.1 9.5 81.8 121.5 6.5
85.7 17.9 1.8 10.5 80.7 94.8 5.3
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
298
UGANDA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
3,089 3,089 3,002 2,232 0 1,792 770 87 4 21 0 0
3,051 3,051 3,027 2,634 0 2,115 393 24 4 9 0 0
4,184 4,184 4,182 3,932 0 3,141 250 2 0 2 0 0
1,075 1,075 1,073 850 0 436 223 2 0 2 0 0
1,546 1,546 1,545 1,335 0 840 210 1 0 1 0 0
1,754 1,754 1,753 1,560 0 1,004 193 0 0 0 0 0
2,221 2,221 2,220 2,017 0 1,379 203 0 0 0 0 0
2,671 2,671 2,671 2,416 0 1,682 255 0 0 0 0 0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
234 234 234 213 0 159 21 0 0 0 0 0
219 219 219 218 0 190 0 0 0 0 0 0
224 224 224 224 0 133 0 0 0 0 0 0
247 247 247 247 0 156 0 0 0 0 0 0
473 473 473 449 0 374 24 0 0 0 0 0
275 275 275 265 0 172 11 0 0 0 0 0
493 493 493 463 0 365 30 0 0 0 0 0
486 486 486 445 0 326 41 0 0 0 0 0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
69 69 60 49 12 8 11 9 0 7 0 0
26 26 25 9 0 3 16 1 0 1 0 0
99 99 98 34 0 21 64 1 0 1 0 0
70 70 69 37 0 10 33 1 0 1 0 0
50 50 49 24 0 0 24 1 0 1 0 0
52 52 52 25 0 0 27 1 0 1 0 0
49 49 49 29 0 1 20 0 0 0 0 0
40 40 39 24 0 3 15 0 0 0 0 0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
34 34 32 22 1 13 10 2 0 2 0 0
21 21 20 10 0 6 11 0 0 0 0 0
33 33 32 31 0 24 2 0 0 0 0 0
24 24 24 23 0 14 1 0 0 0 0 0
12 12 12 11 0 5 1 0 0 0 0 0
15 15 15 13 0 7 2 0 0 0 0 0
18 18 18 16 0 9 2 0 0 0 0 0
21 21 21 19 0 11 2 0 0 0 0 0
211 189
-1 177
-329 85
-3,163 251
350 303
639 655
244 221
529 525
172 41 0
35 217 0
154 53 0
10 3,554 0
0 20 0
0 7 0
0 0 0
25 2 0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
48 27
53 29
58 30
59 31
59 32
61 31
78 31
92 30
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
299
UKRAINE (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
8,429 6,664 6,581 84 1,542 223 35
12,185 9,665 8,136 1,528 2,073 447 183
32,488 19,237 9,649 9,588 1,188 12,063 110
51,221 35,030 10,872 24,158 830 15,361 150
77,481 54,137 14,450 39,687 431 22,914 199
96,696 71,351 14,703 56,648 4,709 20,636 335
103,435 72,587 13,482 59,106 10,974 19,873 650
116,808 76,104 16,246 59,858 14,245 26,459 866
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
88 6,581 84 673
567 8,112 1,553 157
240 9,632 9,605 2,063
286 10,864 24,166 2,219
322 14,450 39,687 4,328
653 14,703 56,648 1,000
2,651 13,482 59,106 1,079
4,013 16,246 59,858 3,745
External debt flows Disbursements Long-term external debt IMF purchases
1,997 801 1,196
1,628 1,377 251
7,965 7,965 0
17,878 17,878 0
28,515 28,515 0
36,388 31,646 4,742
22,600 16,430 6,170
38,932 35,499 3,433
Principal repayments Long-term external debt IMF repurchases
636 636 0
2,945 2,096 849
4,388 4,088 300
7,109 6,699 410
8,808 8,381 427
14,220 13,879 341
18,232 18,143 88
25,672 25,672 0
Net flows Long-term external debt Short-term external debt
1,337 165 -24
-1,291 -719 26
5,275 3,877 1,698
14,027 11,180 3,258
27,211 20,134 7,504
19,754 17,767 -2,414
3,291 -1,713 -1,078
19,630 9,827 6,370
Interest payments Long-term external debt IMF charges Short-term external debt
501 447 42 12
708 572 122 14
1,425 981 50 393
2,199 1,671 53 475
3,097 2,400 39 659
3,712 3,266 14 433
4,591 4,200 135 256
4,429 3,835 241 353
267 0
595 146
7,808 82
5,604 322
9,891 715
10,913 388
4,816 105
6,495 290
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 0.0 0.0 0.0 63.3
18.6 2.0 0.0 0.0 53.2
18.6 1.2 0.0 0.0 69.9
16.6 3.6 0.0 5.8 65.9
17.0 2.7 0.0 4.7 70.3
15.2 3.1 0.0 4.9 72.3
17.0 3.6 0.0 0.0 75.6
13.3 0.9 0.0 0.0 83.5
4.7 13.4 4.8
7.3 15.2 4.5
3.6 19.8 6.0
6.2 20.0 5.5
3.5 17.9 5.6
2.3 23.7 5.2
1.4 27.5 5.0
0.6 11.5 6.0
6.5 8.0 2.5
0.0 0.0 0.0
5.2 10.7 9.9
5.1 9.6 9.6
5.9 6.6 6.6
6.3 7.0 4.0
0.0 0.0 0.0
4.9 7.0 7.0
47,438 17,337 .. 18,961 0 -1,152 1,069
30,320 19,665 33 19,032 43 1,481 1,477
85,157 45,136 595 45,450 268 2,531 19,388
106,031 51,571 829 56,361 996 -1,617 22,360
140,602 67,657 4,503 76,468 1,178 -5,272 32,484
178,815 91,031 5,769 106,921 2,506 -12,763 31,543
114,788 58,877 5,073 63,270 2,542 -1,732 26,501
135,987 73,970 5,607 79,829 2,218 -2,884 34,571
48.6 17.8 6.6 2.6 7.8 12.7 0.7
62.0 40.2 18.6 3.7 19.5 12.1 0.9
72.0 38.2 12.9 37.1 8.2 59.7 5.1
99.3 48.3 18.0 30.0 5.4 43.7 4.8
114.5 55.1 17.6 29.6 4.5 41.9 5.1
106.2 54.1 19.7 21.3 4.2 32.6 3.5
175.7 90.1 38.8 19.2 4.3 25.6 5.0
157.9 85.9 40.7 22.7 3.8 29.6 5.2
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
300
UKRAINE (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
6,664 6,581 4,346 659 491 0 3,687 2,235 1,200 130 84 0
9,665 8,136 5,000 2,372 1,991 0 2,628 3,136 2,379 134 1,528 0
19,237 9,649 5,021 2,666 2,429 0 2,355 4,628 2,250 1,349 9,588 550
35,030 10,872 4,899 2,780 2,362 0 2,119 5,973 3,686 1,260 24,158 1,513
54,137 14,450 5,365 3,449 2,309 0 1,916 9,085 7,035 1,025 39,687 4,185
71,351 14,703 5,793 4,099 3,022 0 1,694 8,910 7,105 786 56,648 4,965
72,587 13,482 6,026 4,480 3,294 0 1,547 7,455 5,907 531 59,106 5,059
76,104 16,246 5,789 4,392 3,212 0 1,397 10,456 9,148 296 59,858 5,114
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
801 732 550 525 401 0 25 182 0 0 69 0
1,377 173 141 119 113 0 22 32 0 14 1,204 0
7,965 1,411 563 556 484 0 7 847 747 100 6,554 450
17,878 2,233 319 319 85 0 0 1,915 1,915 0 15,645 962
28,515 4,315 804 800 115 0 3 3,511 3,511 0 24,200 2,800
31,646 923 918 917 889 0 2 4 0 4 30,723 1,230
16,430 664 664 607 509 0 57 0 0 0 15,766 789
35,499 3,998 313 265 158 0 49 3,685 3,685 0 31,500 1,730
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
636 595 165 127 0 0 38 430 200 2 40 0
2,096 1,250 1,208 63 24 0 1,145 42 33 2 845 0
4,088 1,193 546 265 168 0 281 647 622 0 2,895 0
6,699 1,235 532 252 171 0 280 704 602 95 5,463 0
8,381 1,070 498 246 189 0 252 572 328 241 7,310 129
13,879 703 456 232 203 0 224 246 0 242 13,176 450
18,143 1,942 475 263 235 0 212 1,467 1,209 255 16,202 695
25,672 1,107 468 271 243 0 197 639 401 235 24,565 1,925
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
447 440 306 13 8 0 293 134 87 3 7 0
572 500 148 139 118 0 8 352 344 8 71 0
981 508 130 87 76 0 43 379 172 128 473 41
1,671 564 176 135 121 0 41 388 158 152 1,107 89
2,400 690 185 149 134 0 36 505 293 134 1,710 247
3,266 635 163 135 118 0 28 472 295 100 2,630 336
4,200 696 168 148 78 0 20 528 392 58 3,505 423
3,835 469 111 98 34 0 14 357 251 29 3,367 407
2,793 1,337
-1,764 -1,291
3,137 5,275
18,733 14,027
26,260 27,211
19,214 19,754
6,739 3,291
13,374 19,630
2,535 0 0
2,185 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
587 84
581 71
590 59
465 51
491 46
488 41
488 36
479 31
17,199 2,873
11,961 2,288
8,997 1,715
4,561 1,401
7,504 1,103
3,320 912
2,464 951
7,713 1,529
Notes: Short-term debt is based on reports provided by the National Bank of Ukraine.
301
URUGUAY (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
5,318 3,960 3,833 127 21 1,336 0
8,408 5,873 5,551 322 149 2,387 0
11,101 8,061 7,736 325 2,304 736 0
9,611 8,872 8,552 319 0 739 0
9,837 8,929 8,642 287 0 908 0
9,644 8,827 8,640 187 0 817 0
11,131 10,007 9,927 80 0 1,124 0
11,347 9,797 9,704 93 0 1,550 0
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
0 3,831 130 452
0 5,550 322 759
0 7,736 325 2,855
0 8,552 319 1,516
0 8,642 287 591
0 8,640 187 897
0 9,927 80 1,623
0 9,704 93 148
External debt flows Disbursements Long-term external debt IMF purchases
661 661 0
928 928 0
1,626 1,329 297
1,791 1,493 298
544 544 0
682 682 0
1,575 1,575 0
417 417 0
Principal repayments Long-term external debt IMF repurchases
484 474 10
666 666 0
1,276 807 469
4,937 2,267 2,670
540 540 0
913 913 0
534 534 0
700 700 0
Net flows Long-term external debt Short-term external debt
281 187 104
382 262 120
203 522 -147
-3,143 -774 3
173 4 169
-321 -230 -91
1,348 1,041 307
144 -282 426
Interest payments Long-term external debt IMF charges Short-term external debt
379 298 2 80
544 413 8 123
629 434 115 80
723 580 106 37
659 609 5 45
499 462 0 37
446 395 0 51
670 599 0 71
157 0
269 5
847 -2
1,493 -27
1,329 2
1,809 -12
1,262 -12
1,627 -12
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 6.4 1.9 0.0 53.8
.. 3.4 1.0 0.0 80.8
8.5 2.9 0.1 0.0 83.9
7.3 2.5 0.0 0.0 86.5
7.3 5.4 0.0 0.0 84.1
5.6 6.4 0.0 0.0 85.1
5.0 5.1 0.0 0.0 87.8
4.7 5.6 0.0 0.0 89.3
3.9 14.9 5.5
7.2 14.8 5.2
4.6 17.7 5.3
5.4 21.2 4.9
5.6 16.3 6.4
3.7 11.7 3.1
2.2 17.0 7.2
1.4 19.1 6.4
7.0 7.2 3.3
7.8 7.7 7.2
8.0 15.3 15.0
7.6 30.0 30.0
2.2 10.0 10.0
8.0 8.3 7.8
8.6 15.0 13.0
2.3 19.3 8.1
18,994 3,911 .. 4,200 54 -213 1,813
22,757 4,441 .. 5,035 99 -566 2,776
16,863 5,648 77 5,750 228 42 3,078
19,366 6,529 89 7,047 261 -392 3,091
23,359 7,818 96 8,176 531 -220 4,121
30,449 10,130 108 11,758 663 -1,480 6,360
30,651 9,070 101 9,004 401 207 8,038
39,162 11,020 103 11,302 730 -160 7,656
136.0 28.0 22.1 25.1 23.7 34.1 5.2
189.3 36.9 27.2 28.4 22.9 33.0 6.6
196.5 65.8 33.7 6.6 27.9 27.7 6.4
147.2 49.6 86.7 7.7 26.4 32.2 5.3
125.8 42.1 15.3 9.2 25.7 41.9 6.0
95.2 31.7 13.9 8.5 30.4 66.0 6.5
122.7 36.3 10.8 10.1 32.8 72.2 10.7
103.0 29.0 12.4 13.7 30.8 67.5 8.1
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
302
URUGUAY (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
3,960 3,833 1,588 1,259 513 0 329 2,245 1,963 252 127 110
5,873 5,551 2,228 1,926 552 0 302 3,323 2,774 530 322 300
8,061 7,736 3,244 3,097 816 0 146 4,492 4,201 279 325 300
8,872 8,552 2,714 2,533 653 0 181 5,838 5,789 38 319 300
8,929 8,642 2,702 2,529 666 0 173 5,940 5,896 34 287 287
8,827 8,640 3,092 2,936 713 0 157 5,547 5,464 77 187 187
10,007 9,927 3,790 3,653 1,099 0 137 6,138 6,071 63 80 80
9,797 9,704 3,611 3,495 1,055 0 117 6,093 6,021 70 93 93
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
661 591 128 103 32 0 25 463 348 111 70 70
928 928 300 299 134 0 1 629 615 1 0 0
1,329 1,329 389 384 134 0 5 940 919 21 0 0
1,493 1,493 205 159 42 0 46 1,289 1,286 3 0 0
544 457 199 189 74 0 10 259 255 4 87 87
682 682 632 632 147 0 0 51 2 48 0 0
1,575 1,575 966 966 450 0 0 609 599 11 0 0
417 417 398 398 46 0 0 19 0 19 0 0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
474 469 124 117 78 0 7 345 273 66 5 0
666 606 162 121 58 0 42 443 285 154 60 47
807 799 341 328 104 0 13 458 260 196 8 0
2,267 2,261 746 732 205 0 14 1,515 1,268 245 5 0
540 421 230 208 61 0 21 191 181 9 119 100
913 813 253 231 85 0 22 560 552 5 100 100
534 434 288 267 85 0 21 146 95 49 100 100
700 700 593 573 88 0 21 106 93 11 0 0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
298 293 124 91 40 0 33 169 151 15 4 3
413 381 147 134 42 0 13 233 182 51 33 29
434 406 152 149 34 0 3 255 242 12 27 26
580 553 152 149 41 0 3 401 391 9 27 26
609 583 145 140 38 0 5 438 436 2 26 25
462 449 129 124 31 0 5 320 318 1 13 13
395 384 126 122 28 0 4 258 254 3 11 11
599 592 152 149 15 0 3 440 437 3 8 7
243 281
518 382
-604 203
-1,490 -3,143
227 173
-193 -321
1,488 1,348
216 144
0 0 0
0 0 0
0 0 0
0 0 955
0 4 178
0 0 542
0 0 1
0 0 0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
285 73
272 68
290 62
311 56
306 49
295 42
407 34
255 28
278 447
44 438
37 436
26 433
162 426
305 400
760 377
25 354
Notes: Long-term private nonguaranteed debt data only cover Bonds. Short-term debt data are based on reports provided by the Central Bank data.
303
UZBEKISTAN (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
1,799 1,430 1,415 15 157 212 0
4,633 4,224 3,762 462 127 282 3
4,282 4,170 3,619 551 0 112 8
4,074 3,916 3,289 627 0 158 0
4,211 4,013 3,134 879 0 198 2
4,686 4,465 3,144 1,321 0 221 10
6,550 6,386 3,246 3,141 0 163 19
7,404 7,167 3,426 3,741 0 238 70
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
0 1,288 142 980
17 3,605 618 310
35 3,577 592 212
0 3,276 640 107
37 3,115 898 428
34 3,138 1,327 305
56 3,241 3,145 432
92 3,423 3,744 1,546
External debt flows Disbursements Long-term external debt IMF purchases
791 630 161
769 769 0
400 400 0
349 349 0
661 661 0
1,012 1,012 0
2,633 2,633 0
1,183 1,183 0
Principal repayments Long-term external debt IMF repurchases
149 149 0
648 583 65
642 623 18
677 677 0
649 649 0
711 711 0
717 717 0
471 471 0
Net flows Long-term external debt Short-term external debt
563 481 -79
-223 186 -344
-308 -223 -66
-274 -328 54
50 12 38
316 301 15
1,849 1,916 -67
737 713 24
Interest payments Long-term external debt IMF charges Short-term external debt
95 80 3 13
237 206 9 23
145 141 0 4
173 170 0 3
175 168 0 7
149 141 0 8
123 120 0 2
124 118 0 6
-24 ..
75 ..
192 ..
174 ..
705 ..
711 ..
711 ..
822 ..
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 3.1 0.0 0.1 66.5
.. 21.2 0.0 0.0 56.7
17.9 21.4 0.0 0.5 52.9
17.8 21.3 0.0 0.4 51.9
17.6 22.6 0.0 0.4 49.7
14.5 26.9 0.0 0.3 48.4
12.6 23.8 0.0 0.2 53.0
10.4 22.7 0.0 0.2 54.5
5.2 18.1 5.1
6.0 18.4 4.4
1.9 25.8 7.3
2.9 22.2 6.7
2.8 20.9 6.0
2.3 24.9 6.0
1.3 26.6 6.9
1.4 24.7 6.7
7.1 9.1 2.5
7.3 6.4 1.4
0.0 0.0 0.0
4.3 6.6 1.1
4.7 5.4 0.9
4.8 6.1 1.6
3.6 12.9 3.4
2.6 7.7 1.9
13,324 .. .. .. .. .. ..
13,541 .. .. .. .. .. ..
14,283 .. .. .. .. .. ..
16,942 .. .. .. .. .. ..
22,385 .. .. .. .. .. ..
27,490 .. .. .. .. .. ..
32,636 .. .. .. .. .. ..
39,013 .. .. .. .. .. ..
.. 13.5 .. 11.8 13.7 .. ..
.. 34.2 .. 6.1 9.8 .. ..
.. 30.0 .. 2.6 18.5 .. ..
.. 24.0 .. 3.9 20.3 .. ..
.. 18.8 .. 4.7 20.6 .. ..
.. 17.0 .. 4.7 19.6 .. ..
.. 20.1 .. 2.5 16.3 .. ..
.. 19.0 .. 3.2 15.9 .. ..
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
304
UZBEKISTAN (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
1,430 1,415 1,023 246 157 0 777 393 0 0 15 0
4,224 3,762 2,117 454 217 0 1,663 1,645 0 368 462 0
4,170 3,619 2,445 791 299 11 1,653 1,175 0 193 551 0
3,916 3,289 2,393 826 316 26 1,567 896 0 149 627 0
4,013 3,134 2,458 868 317 43 1,590 676 0 125 879 0
4,465 3,144 2,664 920 313 55 1,744 480 0 111 1,321 0
6,386 3,246 2,912 1,065 284 83 1,847 333 0 73 3,141 0
7,167 3,426 3,173 1,175 259 114 1,998 252 0 58 3,741 0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
630 619 399 246 162 0 154 219 0 0 12 0
769 713 409 121 31 0 288 304 0 59 56 0
400 255 193 136 25 7 57 62 0 34 145 0
349 173 156 110 32 13 46 17 0 10 177 0
661 229 209 93 17 16 116 21 0 20 432 0
1,012 315 277 106 15 13 171 37 0 37 697 0
2,633 481 473 212 5 28 260 8 0 1 2,152 0
1,183 447 433 192 5 32 240 15 0 15 736 0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
149 148 119 0 0 0 119 29 0 0 1 0
583 443 148 29 5 0 119 295 0 72 140 0
623 510 177 67 20 0 110 333 0 49 113 0
677 579 237 82 21 0 155 341 0 62 99 0
649 496 218 61 25 0 157 278 0 51 153 0
711 458 239 67 29 0 172 219 0 47 253 0
717 383 223 67 32 0 156 161 0 40 333 0
471 340 254 86 32 0 168 86 0 27 131 0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
80 79 52 4 2 0 47 27 0 0 1 0
206 182 75 26 12 0 49 108 0 29 24 0
141 117 63 32 12 0 31 53 0 10 24 0
170 146 93 42 15 0 51 52 0 9 24 0
168 141 96 47 18 0 49 45 0 9 27 0
141 114 84 43 18 0 41 30 0 7 27 0
120 82 70 34 15 0 36 12 0 3 39 0
118 62 59 22 11 1 37 4 0 1 56 0
552 563
-307 -223
-541 -308
-208 -274
137 50
475 316
1,864 1,849
855 737
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
262 74
257 73
261 70
291 67
289 62
251 57
241 53
242 49
1,021 23
911 17
554 12
434 8
324 6
267 4
211 2
211 0
Notes: Data on long-term private nonguaranteed debt for 2010 data are provided by the country.
305
VANUATU (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
48.9 43.9 43.9 0.0 0.0 5.0 0.0
74.5 73.1 73.1 0.0 0.0 1.4 0.0
82.1 71.9 71.9 0.0 0.0 10.2 0.2
83.1 72.0 72.0 0.0 0.0 11.1 0.1
98.2 78.1 78.1 0.0 0.0 20.1 0.1
125.8 89.7 89.7 0.0 0.0 36.1 0.1
129.8 98.8 98.8 0.0 0.0 31.0 0.0
148.3 99.3 99.3 0.0 0.0 49.0 0.0
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
0.0 43.9 0.0 1.8
0.0 73.1 0.0 4.6
0.8 71.9 0.0 0.0
0.5 72.0 0.0 0.0
0.6 78.1 0.0 8.0
0.6 89.7 0.0 28.8
0.0 98.8 0.0 0.0
0.0 99.3 0.0 0.0
External debt flows Disbursements Long-term external debt IMF purchases
3.2 3.2 0.0
14.2 14.2 0.0
0.0 0.0 0.0
0.0 0.0 0.0
3.9 3.9 0.0
10.1 10.1 0.0
11.7 11.7 0.0
0.0 0.0 0.0
Principal repayments Long-term external debt IMF repurchases
0.8 0.8 0.0
0.9 0.9 0.0
1.1 1.1 0.0
2.2 2.2 0.0
2.1 2.1 0.0
2.5 2.5 0.0
3.5 3.5 0.0
3.6 3.6 0.0
Net flows Long-term external debt Short-term external debt
2.4 2.4 0.0
13.6 13.4 0.3
-28.1 -1.1 -27.0
-1.2 -2.2 1.0
10.8 1.8 9.0
23.6 7.6 16.0
3.1 8.1 -5.0
14.4 -3.6 18.0
Interest payments Long-term external debt IMF charges Short-term external debt
0.8 0.5 0.0 0.3
1.0 0.6 0.0 0.3
1.5 0.7 0.0 0.8
1.4 1.0 0.0 0.5
1.7 0.9 0.0 0.8
2.0 1.1 0.0 0.8
2.1 1.4 0.0 0.7
2.3 1.4 0.0 0.9
31.0 0.0
20.3 0.0
13.3 ..
43.4 ..
34.2 ..
43.9 ..
32.1 ..
38.9 ..
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 0.0 0.1 0.0 43.3
.. 0.0 0.0 0.0 56.8
13.6 0.0 0.0 0.0 54.0
13.4 0.0 0.0 0.0 54.1
12.5 0.0 0.0 0.0 51.3
9.2 0.0 0.0 0.0 47.1
7.1 0.0 0.0 0.0 41.6
5.2 0.0 0.0 0.0 42.3
0.0 23.0 16.1
2.0 14.5 3.5
0.0 0.0 0.0
0.0 0.0 0.0
0.0 20.0 5.0
2.0 20.0 5.3
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
216.8 123.0 13.5 164.5 35.6 -18.2 48.3
267.8 175.7 34.7 178.8 21.9 5.0 38.9
380.4 204.6 5.1 258.6 35.3 -34.0 67.2
428.3 215.3 5.0 270.7 34.2 -30.1 104.7
516.9 255.7 5.5 313.2 45.6 -34.4 119.6
613.2 311.1 5.5 391.4 .. -40.2 115.2
593.8 329.1 5.5 396.8 .. -37.6 148.6
708.6 356.1 6.4 419.9 .. -38.3 161.4
39.8 22.6 1.3 10.2 63.7 98.7 3.5
42.4 27.8 1.1 1.9 86.1 52.3 2.6
40.1 21.6 1.3 12.4 82.1 81.9 3.1
38.6 19.4 1.7 13.4 81.1 125.9 4.6
38.4 19.0 1.5 20.5 70.5 121.8 4.6
40.5 20.5 1.4 28.7 56.4 91.6 3.5
39.4 21.9 1.7 23.9 52.8 114.5 4.5
41.6 20.9 1.7 33.0 46.4 108.8 4.6
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
306
VANUATU (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
43.9 43.9 43.5 31.2 0.0 13.2 12.3 0.4 0.0 0.0 0.0 0.0
73.1 73.1 73.1 64.1 0.0 12.9 8.9 0.0 0.0 0.0 0.0 0.0
71.9 71.9 71.9 67.4 0.0 12.9 4.5 0.0 0.0 0.0 0.0 0.0
72.0 72.0 72.0 67.4 0.0 13.2 4.6 0.0 0.0 0.0 0.0 0.0
78.1 78.1 78.1 69.3 0.0 13.4 8.8 0.0 0.0 0.0 0.0 0.0
89.7 89.7 89.7 71.0 0.0 12.9 18.7 0.0 0.0 0.0 0.0 0.0
98.8 98.8 98.8 68.6 0.0 12.4 30.2 0.0 0.0 0.0 0.0 0.0
99.3 99.3 99.3 68.8 0.0 11.7 30.5 0.0 0.0 0.0 0.0 0.0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
3.2 3.2 3.2 1.4 0.0 0.4 1.8 0.0 0.0 0.0 0.0 0.0
14.2 14.2 14.2 14.2 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
3.9 3.9 3.9 0.0 0.0 0.0 3.9 0.0 0.0 0.0 0.0 0.0
10.1 10.1 10.1 0.0 0.0 0.0 10.1 0.0 0.0 0.0 0.0 0.0
11.7 11.7 11.7 0.0 0.0 0.0 11.7 0.0 0.0 0.0 0.0 0.0
0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
0.8 0.8 0.6 0.4 0.0 0.0 0.2 0.2 0.0 0.0 0.0 0.0
0.9 0.9 0.9 0.5 0.0 0.2 0.4 0.0 0.0 0.0 0.0 0.0
1.1 1.1 1.1 0.7 0.0 0.3 0.4 0.0 0.0 0.0 0.0 0.0
2.2 2.2 2.2 1.8 0.0 0.3 0.4 0.0 0.0 0.0 0.0 0.0
2.1 2.1 2.1 1.7 0.0 0.4 0.4 0.0 0.0 0.0 0.0 0.0
2.5 2.5 2.5 2.1 0.0 0.4 0.5 0.0 0.0 0.0 0.0 0.0
3.5 3.5 3.5 3.2 0.0 0.6 0.3 0.0 0.0 0.0 0.0 0.0
3.6 3.6 3.6 3.3 0.0 0.5 0.3 0.0 0.0 0.0 0.0 0.0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
0.5 0.5 0.5 0.3 0.0 0.1 0.2 0.0 0.0 0.0 0.0 0.0
0.6 0.6 0.6 0.5 0.0 0.1 0.1 0.0 0.0 0.0 0.0 0.0
0.7 0.7 0.7 0.6 0.0 0.1 0.1 0.0 0.0 0.0 0.0 0.0
1.0 1.0 1.0 0.9 0.0 0.1 0.1 0.0 0.0 0.0 0.0 0.0
0.9 0.9 0.9 0.7 0.0 0.1 0.2 0.0 0.0 0.0 0.0 0.0
1.1 1.1 1.1 0.8 0.0 0.1 0.4 0.0 0.0 0.0 0.0 0.0
1.4 1.4 1.4 0.8 0.0 0.1 0.6 0.0 0.0 0.0 0.0 0.0
1.4 1.4 1.4 0.9 0.0 0.1 0.6 0.0 0.0 0.0 0.0 0.0
3.4 2.4
8.8 13.6
-38.6 -28.1
1.0 -1.2
15.1 10.8
27.6 23.6
4.0 3.1
18.5 14.4
0.0 0.0 0.0
0.0 0.0 0.0
0.0 3.8 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
3.5 1.8
4.2 1.8
5.2 1.8
6.2 1.7
5.8 1.6
5.8 1.5
5.8 1.4
5.8 1.7
0.0 0.0
0.0 0.0
0.0 0.0
0.0 0.0
0.0 0.0
0.0 0.0
0.0 0.0
0.0 0.0
Notes: Data on long-term public and publicly guaranteed debt for 2010 are World Bank staff estimates.
307
VENEZUELA, REPUBLICA BOLIVARIANA de (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
35,744 30,442 28,428 2,013 2,239 3,063 273
42,338 33,950 27,817 6,132 203 8,186 59
44,888 34,780 31,078 3,702 0 10,108 5
43,747 31,899 27,165 4,734 0 11,848 2
48,316 30,497 27,537 2,960 0 17,819 0
52,751 33,185 29,875 3,310 0 19,566 0
55,235 38,493 35,183 3,310 0 16,741 7
55,572 40,146 37,086 3,060 0 15,426 7
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
1,022 27,854 2,588 1,033
79 27,368 6,581 1,683
8 31,026 3,754 6,717
0 27,121 4,778 1,220
0 27,520 2,977 1,854
0 29,865 3,320 4,354
0 35,178 3,316 7,892
0 37,084 3,062 5,894
External debt flows Disbursements Long-term external debt IMF purchases
1,829 1,829 0
2,342 2,342 0
7,246 7,246 0
1,751 1,751 0
2,053 2,053 0
5,490 5,490 0
6,068 6,068 0
4,317 4,317 0
Principal repayments Long-term external debt IMF repurchases
2,739 2,278 462
3,428 2,921 507
2,804 2,804 0
6,513 6,513 0
2,285 2,285 0
2,748 2,748 0
812 812 0
2,623 2,623 0
Net flows Long-term external debt Short-term external debt
-1,558 -448 -648
1,614 -579 2,700
6,714 4,443 2,271
-3,019 -4,762 1,743
5,741 -232 5,973
4,490 2,743 1,747
2,424 5,256 -2,832
378 1,693 -1,315
Interest payments Long-term external debt IMF charges Short-term external debt
2,433 2,097 142 193
2,931 2,435 28 467
2,931 2,656 0 275
3,336 2,850 0 486
3,600 2,584 0 1,016
3,333 2,858 0 474
3,170 2,765 0 406
3,462 3,088 0 374
985 270
4,701 -574
2,602 28
-508 41
1,008 66
350 3
-3,105 121
-1,404 8
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 4.2 1.2 0.7 68.9
.. 1.9 0.8 0.4 83.3
11.5 0.5 0.0 0.0 83.6
14.1 0.7 0.0 0.1 80.8
14.8 1.0 0.0 0.1 81.5
8.2 1.0 0.0 0.1 88.7
6.7 0.8 0.0 0.0 91.0
5.9 0.4 0.0 0.0 92.6
6.8 17.2 5.2
8.0 12.7 2.6
6.2 10.4 2.7
5.6 18.0 7.8
5.7 20.0 10.5
3.2 18.0 5.5
2.8 16.8 5.3
2.5 15.4 3.1
7.7 3.3 3.0
8.2 7.1 2.5
6.6 13.8 13.7
5.7 11.7 5.2
7.0 30.2 30.2
9.2 17.5 17.5
8.1 12.5 12.5
12.8 12.0 0.3
72,946 22,620 2 20,715 431 2,014 10,715
115,760 37,760 17 25,737 1,424 11,853 15,899
143,314 61,134 148 35,955 3,953 25,110 29,803
182,434 75,348 165 48,808 6,540 26,462 36,715
229,002 80,971 151 62,477 4,785 18,063 33,759
311,828 105,363 137 67,363 4,152 37,392 43,065
323,481 61,913 131 53,029 1,903 8,561 34,318
387,566 69,450 143 54,513 1,955 14,378 29,665
158.0 49.0 22.9 8.6 9.3 30.0 6.2
112.1 36.6 16.8 19.3 7.6 37.6 7.4
73.4 31.3 9.4 22.5 6.2 66.4 9.9
58.1 24.0 13.1 27.1 6.9 83.9 9.0
59.7 21.1 7.3 36.9 5.1 69.9 6.5
50.1 16.9 5.8 37.1 5.1 81.6 7.7
89.2 17.1 6.4 30.3 5.6 62.1 7.8
80.0 14.3 8.8 27.8 7.2 53.4 6.5
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
308
VENEZUELA, REPUBLICA BOLIVARIANA de (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
30,442 28,428 4,833 3,323 1,639 0 1,510 23,595 20,745 1,233 2,013 114
33,950 27,817 6,177 3,216 972 0 2,961 21,640 16,217 3,490 6,132 3,880
34,780 31,078 3,417 2,786 200 0 632 27,661 23,546 3,172 3,702 3,670
31,899 27,165 3,811 3,026 51 0 785 23,354 19,478 2,855 4,734 4,734
30,497 27,537 3,395 2,488 0 0 907 24,142 20,675 2,584 2,960 2,960
33,185 29,875 3,536 2,687 0 0 849 26,339 23,353 2,345 3,310 3,310
38,493 35,183 4,130 3,120 0 0 1,011 31,053 28,360 2,205 3,310 3,310
40,146 37,086 4,957 4,014 0 0 942 32,129 29,762 2,012 3,060 3,060
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
1,829 1,749 610 284 47 0 326 1,139 349 616 80 0
2,342 2,342 786 402 50 0 385 1,556 462 667 0 0
7,246 7,246 402 173 13 0 229 6,844 6,143 356 0 0
1,751 1,651 1,110 831 9 0 279 541 0 151 100 100
2,053 2,053 535 325 0 0 210 1,518 1,250 135 0 0
5,490 4,840 645 556 0 0 88 4,196 4,000 145 650 650
6,068 6,068 1,035 735 0 0 300 5,033 4,992 30 0 0
4,317 4,317 1,294 1,234 0 0 60 3,023 3,000 10 0 0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
2,278 1,775 375 202 116 0 173 1,400 817 45 503 0
2,921 2,265 613 356 208 0 257 1,652 1,119 372 655 0
2,804 2,117 738 530 106 0 208 1,379 646 441 687 0
6,513 5,935 737 608 159 0 129 5,198 4,292 558 578 546
2,285 2,011 991 873 50 0 118 1,020 209 492 274 274
2,748 2,448 526 376 0 0 150 1,922 1,299 348 300 300
812 812 449 299 0 0 150 363 0 190 0 0
2,623 2,373 478 339 0 0 139 1,896 1,609 160 250 250
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
2,097 1,986 298 233 120 0 66 1,688 1,534 65 111 10
2,435 1,867 343 259 91 0 84 1,524 1,298 176 568 304
2,656 2,307 204 162 10 0 41 2,103 1,747 297 349 296
2,850 2,412 219 175 6 0 44 2,193 1,834 288 439 392
2,584 2,313 243 194 1 0 49 2,070 1,751 264 271 271
2,858 2,524 234 161 0 0 73 2,290 2,006 241 334 274
2,765 2,440 185 138 0 0 48 2,255 2,024 210 324 281
3,088 2,787 175 135 0 0 40 2,612 2,411 194 301 269
-1,199 -1,558
1,290 1,614
6,096 6,714
-1,140 -3,019
4,569 5,741
4,435 4,490
2,484 2,424
337 378
0 0 0
0 0 0
0 0 419
0 0 4,292
0 1 177
0 2 4
0 1 0
0 1 1,490
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
497 147
612 163
625 167
552 165
473 161
582 153
536 142
585 130
2,404 3,005
819 2,866
1,737 2,803
1,922 2,623
1,453 2,409
2,086 2,283
79 2,215
2,262 2,181
Notes: Long-term private nonguaranteed debt data only cover Bonds. Short-term debt is based on the Central Bank data from 1999 to 2010.
309
VIETNAM (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
25,428 21,778 21,778 0 377 3,272 2,501
12,822 11,583 11,583 0 316 923 78
18,992 16,215 16,215 0 203 2,574 74
18,577 15,969 15,969 0 181 2,427 0
22,713 17,919 17,919 0 164 4,630 0
24,954 20,554 20,554 0 121 4,279 1
28,718 23,447 23,447 0 84 5,186 0
35,139 28,145 28,145 0 45 6,949 0
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
8,915 21,778 0 2,466
1,378 11,583 0 1,191
1,346 16,215 0 2,660
0 15,969 0 2,297
0 17,919 0 2,080
0 20,554 0 3,670
0 23,447 0 6,175
0 28,145 0 5,459
External debt flows Disbursements Long-term external debt IMF purchases
730 639 92
1,271 1,271 0
2,047 2,047 0
1,228 1,228 0
1,945 1,945 0
1,878 1,878 0
3,891 3,891 0
4,437 4,437 0
Principal repayments Long-term external debt IMF repurchases
225 225 0
958 937 21
533 480 54
509 476 33
637 612 25
755 716 39
781 743 38
851 813 38
Net flows Long-term external debt Short-term external debt
823 414 317
471 334 158
1,927 1,567 413
646 752 -73
3,511 1,333 2,203
771 1,163 -352
4,017 3,148 908
5,348 3,623 1,763
Interest payments Long-term external debt IMF charges Short-term external debt
139 81 11 46
352 298 3 51
434 318 1 115
452 328 1 123
608 413 1 194
566 432 1 134
435 374 1 61
521 442 0 79
1,780 ..
1,298 ..
1,954 115
2,400 1,313
6,700 6,243
9,579 -578
7,600 128
8,000 2,383
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 5.6 0.1 0.0 8.4
.. 23.5 0.1 0.1 43.3
5.7 26.2 0.1 0.0 44.8
6.7 29.2 0.1 0.0 42.4
7.0 30.8 0.1 0.0 40.7
5.9 37.3 0.1 0.0 37.0
5.5 35.5 0.1 0.0 39.2
4.9 36.0 0.0 0.0 41.2
2.3 31.5 9.5
1.4 36.1 9.6
1.3 33.6 9.1
1.9 33.2 8.7
0.9 36.6 10.1
1.9 32.7 9.0
1.1 29.3 8.2
1.1 29.6 8.5
6.7 7.3 2.0
0.0 0.0 0.0
6.9 10.2 10.1
4.2 21.1 6.6
0.0 0.0 0.0
0.0 0.0 0.0
0.3 14.9 4.9
4.8 11.8 7.0
20,510 .. .. .. .. .. 1,324
30,726 17,481 .. 18,107 .. 1,106 3,417
51,873 36,987 4,000 40,927 .. -560 9,051
59,507 45,594 4,800 49,807 .. -164 13,384
68,937 55,757 5,500 69,140 .. -6,953 23,479
87,351 71,048 7,200 89,182 .. -10,823 23,890
91,826 63,615 6,840 76,671 .. -6,608 16,447
96,322 80,108 8,000 92,280 .. -4,287 12,467
.. 124.0 .. 12.9 1.3 5.2 ..
73.3 41.7 7.5 7.2 14.8 26.6 2.3
51.3 36.6 2.6 13.6 27.1 47.7 2.7
40.7 31.2 2.1 13.1 31.5 72.0 3.2
40.7 32.9 2.2 20.4 31.4 103.4 4.1
35.1 28.6 1.9 17.1 32.1 95.7 3.2
45.1 31.3 1.9 18.1 35.9 57.3 2.6
43.9 36.5 1.7 19.8 34.9 35.5 1.6
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
310
VIETNAM (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
21,778 21,778 20,450 325 0 231 20,126 1,328 0 1,043 0 0
11,583 11,583 8,680 1,895 0 1,113 6,785 2,903 560 1,658 0 0
16,215 16,215 14,258 5,144 0 3,187 9,114 1,957 1,171 454 0 0
15,969 15,969 14,093 5,860 0 3,663 8,233 1,876 1,130 484 0 0
17,919 17,919 16,117 7,122 0 4,549 8,995 1,802 1,089 516 0 0
20,554 20,554 18,789 7,999 0 5,074 10,789 1,766 1,059 546 0 0
23,447 23,447 21,643 10,309 0 6,270 11,334 1,805 1,038 652 0 0
28,145 28,145 25,255 12,262 700 7,010 12,993 2,890 2,020 774 0 0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
639 639 233 100 0 47 133 406 0 389 0 0
1,271 1,271 1,176 395 0 174 781 95 0 9 0 0
2,047 2,047 1,260 639 0 391 621 786 750 36 0 0
1,228 1,228 1,151 548 0 340 602 78 0 78 0 0
1,945 1,945 1,892 1,011 0 748 881 53 0 53 0 0
1,878 1,878 1,816 873 0 592 943 62 0 62 0 0
3,891 3,891 3,725 2,333 0 1,206 1,392 165 0 165 0 0
4,437 4,437 3,206 2,055 700 853 1,151 1,231 1,000 231 0 0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
225 225 175 7 0 1 168 50 0 0 0 0
937 937 134 6 0 2 128 802 0 617 0 0
480 480 303 31 0 14 272 176 41 58 0 0
476 476 313 43 0 23 270 163 41 55 0 0
612 612 456 61 0 30 395 156 41 44 0 0
716 716 569 80 0 37 489 147 31 58 0 0
743 743 613 110 0 47 503 130 20 62 0 0
813 813 693 130 0 52 563 121 19 75 0 0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
81 81 50 2 0 2 47 32 0 24 0 0
298 298 77 14 0 7 63 220 23 153 0 0
318 318 256 52 0 30 204 62 22 24 0 0
328 328 233 55 0 33 178 95 57 26 0 0
413 413 299 64 0 34 235 114 72 29 0 0
432 432 319 74 0 38 245 113 71 32 0 0
374 374 286 81 0 40 204 88 63 22 0 0
442 442 327 106 5 47 221 114 96 17 0 0
628 823
-10,387 471
1,052 1,927
-416 646
4,136 3,511
2,242 771
3,763 4,017
6,422 5,348
89 32 0
0 10,395 0
201 3 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
906 423
913 437
1,237 440
1,324 433
1,204 417
1,325 403
1,305 388
1,408 370
90 155
140 163
137 161
135 158
154 154
918 124
157 94
126 91
Notes: Arrears were removed from 2006 based on reports provided by the country. Data does not include long-term private publicly guaranteed and non-guaranteed debt. World Bank staff is currently working with the country on private debt reporting.
311
YEMEN, REPUBLIC OF (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
6,251 5,562 5,562 0 0 689 473
5,125 4,109 4,109 0 317 699 27
5,459 4,814 4,814 0 292 353 94
5,663 5,099 5,099 0 246 318 100
6,107 5,524 5,524 0 169 413 107
6,274 5,696 5,696 0 95 483 112
6,370 5,875 5,875 0 53 442 117
6,324 5,933 5,933 0 78 313 124
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
2,408 5,562 0 80
297 4,109 0 327
193 4,814 0 207
143 5,099 0 328
151 5,524 0 332
160 5,696 0 410
165 5,875 0 200
173 5,933 0 289
External debt flows Disbursements Long-term external debt IMF purchases
124 124 0
137 137 0
265 265 0
353 353 0
390 390 0
285 285 0
332 332 0
340 287 53
Principal repayments Long-term external debt IMF repurchases
65 65 0
153 81 71
150 94 56
161 101 60
199 113 87
206 134 71
184 140 44
182 155 27
Net flows Long-term external debt Short-term external debt
42 59 -17
270 56 285
176 171 61
151 252 -41
278 277 88
145 151 65
102 192 -46
22 132 -136
Interest payments Long-term external debt IMF charges Short-term external debt
37 25 0 11
91 45 10 35
62 55 3 4
74 67 3 4
72 65 2 5
79 70 1 7
79 72 0 6
78 74 0 4
-218 0
6 0
-302 0
1,121 0
917 0
1,555 0
129 0
-329 0
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 6.1 0.6 0.3 21.6
.. 7.7 0.3 0.0 68.2
1.7 6.4 0.1 0.0 67.3
1.8 5.9 0.0 0.0 65.2
1.9 5.5 0.0 0.0 61.8
1.8 6.2 0.0 0.0 59.5
1.9 5.8 0.0 0.0 58.8
1.8 5.1 0.0 0.0 57.3
5.1 12.5 3.3
0.9 35.2 8.9
2.4 30.0 8.3
1.9 28.4 7.8
2.7 22.5 5.8
2.5 27.7 6.9
2.1 26.3 6.8
1.5 14.0 2.6
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
3,678 2,197 1,081 3,069 433 184 638
8,834 4,158 1,288 4,221 855 1,337 2,914
15,125 6,963 1,283 7,745 1,603 624 6,141
17,847 8,181 1,283 9,332 1,403 206 7,543
20,306 8,158 1,322 11,092 1,390 -1,508 7,757
24,779 10,504 1,411 13,918 1,875 -1,251 8,155
24,894 7,207 1,160 11,287 927 -2,565 6,990
.. 9,390 1,240 12,890 .. -1,209 5,939
284.5 169.9 4.6 11.0 20.5 10.2 2.5
123.3 58.0 5.9 13.6 32.7 56.9 8.3
78.4 36.1 3.0 6.5 40.6 112.5 9.5
69.2 31.7 2.9 5.6 44.3 133.2 9.7
74.9 30.1 3.3 6.8 47.5 127.0 8.4
59.7 25.3 2.7 7.7 48.4 130.0 7.0
88.4 25.6 3.6 6.9 49.6 109.7 7.4
67.4 .. 2.8 5.0 51.9 93.9 5.5
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
312
YEMEN, REPUBLIC OF (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
5,562 5,562 3,844 1,278 0 827 2,565 1,718 0 80 0 0
4,109 4,109 4,046 1,676 0 1,216 2,370 63 0 53 0 0
4,814 4,814 4,807 2,219 0 1,689 2,588 7 0 7 0 0
5,099 5,099 5,092 2,507 0 1,894 2,584 7 0 7 0 0
5,524 5,524 5,517 2,901 0 2,058 2,616 7 0 7 0 0
5,696 5,696 5,690 3,036 0 2,113 2,654 6 0 6 0 0
5,875 5,875 5,871 3,159 0 2,187 2,712 5 0 5 0 0
5,933 5,933 5,930 3,283 0 2,180 2,647 3 0 3 0 0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
124 124 124 109 0 42 15 0 0 0 0 0
137 137 137 111 0 65 27 0 0 0 0 0
265 265 265 217 0 129 49 0 0 0 0 0
353 353 353 262 0 160 91 0 0 0 0 0
390 390 390 345 0 122 45 0 0 0 0 0
285 285 285 241 0 108 44 0 0 0 0 0
332 332 332 212 0 101 120 0 0 0 0 0
287 287 287 246 0 73 41 0 0 0 0 0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
65 65 63 53 0 8 10 2 0 0 0 0
81 81 81 60 0 14 20 0 0 0 0 0
94 94 94 58 0 27 36 0 0 0 0 0
101 101 101 61 0 31 39 0 0 0 0 0
113 113 112 66 0 34 46 1 0 1 0 0
134 134 133 78 0 38 55 1 0 1 0 0
140 140 139 84 0 42 55 1 0 1 0 0
155 155 154 97 0 45 56 1 0 1 0 0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
25 25 25 18 0 6 7 0 0 0 0 0
45 45 45 21 0 9 24 0 0 0 0 0
55 55 55 27 0 15 28 0 0 0 0 0
67 67 67 30 0 15 37 0 0 0 0 0
65 65 65 34 0 15 31 0 0 0 0 0
70 70 70 38 0 16 32 0 0 0 0 0
72 72 72 40 0 15 32 0 0 0 0 0
74 74 74 40 0 16 34 0 0 0 0 0
97 42
-1,117 270
-112 176
203 151
444 278
167 145
96 102
-46 22
0 0 0
123 9 0
65 116 0
0 123 0
0 8 0
0 20 0
0 0 0
0 93 0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
233 87
249 91
271 90
291 88
292 85
301 81
299 75
307 69
1 0
1 0
1 0
1 0
0 0
0 0
0 0
0 0
313
ZAMBIA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
6,958 5,304 5,291 13 1,239 415 177
5,722 4,508 4,444 65 1,138 76 33
5,373 4,538 3,942 596 591 244 90
2,273 1,788 962 826 41 443 140
2,749 2,087 1,107 981 87 575 149
2,974 2,205 1,157 1,049 96 674 152
3,039 2,220 1,200 1,020 345 474 154
3,689 2,104 1,309 794 395 1,191 167
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
772 5,259 45 382
137 4,413 95 330
340 3,939 599 58
315 962 827 139
316 1,106 981 144
319 1,157 1,049 133
320 1,200 1,020 175
321 1,309 795 779
External debt flows Disbursements Long-term external debt IMF purchases
2,606 352 2,253
287 261 26
235 218 16
445 421 24
357 315 42
250 239 11
369 126 244
251 195 56
Principal repayments Long-term external debt IMF repurchases
2,067 242 1,825
98 98 0
215 136 79
87 87 0
75 75 0
114 114 0
122 122 0
87 86 1
Net flows Long-term external debt Short-term external debt
435 110 -104
159 163 -30
84 82 65
507 334 149
405 240 123
232 125 96
45 4 -202
868 109 704
Interest payments Long-term external debt IMF charges Short-term external debt
545 125 419 1
88 80 6 3
66 58 4 5
53 44 0 9
46 32 0 13
52 39 0 13
47 36 1 10
60 29 0 31
97 ..
122 6
357 5
616 2
1,324 4
939 -6
695 -13
1,041 101
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 11.2 7.7 0.1 39.6
.. 13.9 3.9 0.0 61.7
5.9 1.2 5.1 0.0 72.9
20.4 0.0 0.7 0.0 39.4
18.2 0.0 0.5 0.0 41.3
14.8 0.0 0.3 0.0 39.3
13.3 0.0 0.4 0.0 37.4
10.6 0.1 0.3 0.0 34.0
1.5 37.3 10.3
0.8 39.6 10.1
0.8 35.8 8.2
1.2 29.5 8.0
1.3 31.5 7.7
0.8 46.3 10.3
0.6 34.1 9.1
1.7 23.5 7.0
10.5 9.2 2.9
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
3.0 3.9 0.0
0.0 0.0 0.0
0.0 0.0 0.0
3,235 .. .. .. .. .. 223
3,082 891 .. 1,496 .. -591 245
6,586 2,533 53 3,239 461 -600 560
9,534 4,190 58 4,411 1,107 141 720
10,055 4,818 59 6,047 1,474 -698 1,090
13,241 5,291 68 6,890 1,346 -1,039 1,096
11,442 4,564 41 4,543 265 537 1,892
14,300 7,734 44 7,551 1,832 615 2,094
.. 215.1 .. 6.0 30.5 3.2 ..
642.0 185.7 20.8 1.3 42.0 4.3 2.0
212.1 81.6 11.1 4.5 58.2 10.4 2.1
54.2 23.8 3.4 19.5 29.8 31.7 2.0
57.1 27.3 2.5 20.9 27.7 39.6 2.2
56.2 22.5 3.1 22.6 27.5 36.8 1.9
66.6 26.6 3.7 15.6 28.7 62.3 5.0
47.7 25.8 1.9 32.3 25.0 56.8 3.3
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
314
ZAMBIA (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
5,304 5,291 5,080 2,120 163 1,270 2,960 210 0 16 13 0
4,508 4,444 4,412 2,403 25 1,823 2,009 31 0 0 65 0
4,538 3,942 3,646 3,125 0 2,488 521 295 0 0 596 0
1,788 962 914 678 0 260 236 48 0 0 826 0
2,087 1,107 1,059 762 0 323 297 48 0 0 981 0
2,205 1,157 1,108 818 0 371 290 48 0 0 1,049 0
2,220 1,200 1,158 871 0 407 287 42 0 0 1,020 0
2,104 1,309 1,276 924 0 430 353 33 0 0 794 0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
352 351 327 251 0 209 76 24 0 8 1 0
261 251 251 249 0 210 2 0 0 0 10 0
218 114 114 109 0 77 5 0 0 0 105 0
421 164 164 108 0 40 56 0 0 0 257 0
315 118 118 79 0 51 39 0 0 0 197 0
239 118 108 100 0 51 8 10 0 0 121 0
126 91 91 70 0 33 21 0 0 0 35 0
195 168 168 96 0 32 72 0 0 0 27 0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
242 241 180 120 50 2 60 61 0 2 1 0
98 79 79 51 8 4 28 1 0 0 18 0
136 71 59 21 0 1 38 12 0 0 66 0
87 51 51 25 0 1 26 0 0 0 36 0
75 32 32 30 0 0 3 0 0 0 43 0
114 61 52 29 0 1 23 8 0 0 53 0
122 59 52 28 0 1 24 7 0 0 63 0
86 47 38 25 0 2 13 8 0 0 40 0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
125 125 116 65 15 9 51 9 0 1 0 0
80 76 76 33 3 13 42 0 0 0 4 0
58 29 29 25 0 16 4 0 0 0 28 0
44 21 21 17 0 8 4 0 0 0 23 0
32 9 9 8 0 2 2 0 0 0 23 0
39 14 14 9 0 3 5 0 0 0 24 0
36 13 13 8 0 3 5 0 0 0 24 0
29 11 11 8 0 3 3 0 0 0 18 0
149 435
-137 159
-2,075 84
-3,100 507
476 405
225 232
64 45
650 868
20 3 0
169 56 0
58 1,643 0
9 3,592 0
51 11 0
0 12 0
0 3 0
0 3 0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
54 14
54 16
49 18
52 20
55 21
87 21
95 20
96 20
152 35
106 26
95 18
56 13
45 9
34 6
28 4
23 2
Notes: Zambia was granted debt relief effective in 2006 under MDRI. Data on long-term public and publicly guaranteed debt from 2007-2008 are World Bank staff estimates based on reports provided by the country. Data on long-term private nonguaranteed debt from 2007 are World Bank staff estimates.
315
ZIMBABWE (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term
4,989 3,843 3,462 381 461 685 3
3,807 2,979 2,774 205 281 547 34
4,113 3,227 3,195 32 111 776 419
4,495 3,413 3,387 26 113 970 481
5,198 3,788 3,713 75 118 1,292 589
5,076 3,750 3,661 89 114 1,212 621
4,801 3,831 3,742 89 116 854 707
5,016 4,064 3,686 378 110 843 706
Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments
21 3,462 381 218
124 2,767 212 50
1,353 3,187 39 11
1,594 3,387 26 201
1,893 3,713 75 0
1,954 3,661 89 0
2,170 3,742 89 0
2,194 3,686 378 0
External debt flows Disbursements Long-term external debt IMF purchases
654 574 80
185 185 0
25 25 0
45 45 0
227 227 0
94 94 0
79 79 0
369 369 0
Principal repayments Long-term external debt IMF repurchases
398 398 0
282 212 70
210 45 165
38 35 3
55 55 0
57 55 2
66 66 0
66 62 4
Net flows Long-term external debt Short-term external debt
442 176 187
-330 -27 -233
-224 -20 -40
138 10 132
386 173 214
-75 39 -112
-431 13 -444
293 307 -10
Interest payments Long-term external debt IMF charges Short-term external debt
238 189 13 35
138 81 10 48
27 7 0 19
54 4 23 27
41 14 0 27
26 10 0 16
35 30 0 5
43 41 0 2
118 ..
23 ..
103 ..
40 ..
69 ..
52 ..
105 ..
105 ..
1. Summary external debt data
2. Other non-debt resource inflows
Foreign direct investment Portfolio equity
3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars
.. 3.6 6.7 0.9 26.2
.. 5.4 5.5 0.4 29.9
32.0 5.3 5.9 0.4 28.6
33.6 5.0 6.3 0.4 27.7
34.2 4.7 5.9 0.4 29.3
32.7 6.0 4.4 0.5 30.3
33.4 5.8 4.8 0.5 29.9
31.9 6.7 4.7 0.5 30.1
3.0 23.3 6.8
4.8 12.9 3.6
3.0 15.0 4.5
6.1 4.1 0.5
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.9 24.5 7.0
6.1 8.8 1.6
13.9 9.8 4.1
6.5 5.5 0.9
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
6,785 .. .. .. .. .. 888
6,245 .. .. .. .. .. 321
5,308 .. .. .. .. -532 ..
4,890 .. .. .. .. -356 ..
4,654 .. .. .. .. -342 ..
3,939 .. .. .. .. -762 ..
5,394 .. .. .. .. .. ..
6,988 .. .. .. .. .. ..
.. 73.5 .. 13.7 29.9 17.8 ..
.. 61.0 .. 14.4 35.5 8.4 ..
.. 77.5 .. 18.9 36.1 .. ..
.. 91.9 .. 21.6 34.4 .. ..
.. 111.7 .. 24.9 31.0 .. ..
.. 128.9 .. 23.9 31.6 .. ..
.. 89.0 .. 17.8 33.7 .. ..
.. 71.8 .. 16.8 31.8 .. ..
4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)
5. Major economic aggregates
Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves
6. Ratios
External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)
316
ZIMBABWE (US$ million, unless otherwise indicated) 1995
2000
2005
2006
2007
2008
2009
2010
3,843 3,462 2,798 1,491 560 336 1,307 664 120 162 381 0
2,979 2,774 2,437 1,352 416 437 1,085 337 0 198 205 0
3,227 3,195 2,789 1,485 437 478 1,304 406 0 264 32 0
3,413 3,387 2,946 1,547 445 501 1,399 441 0 287 26 0
3,788 3,713 3,247 1,611 455 522 1,636 466 0 306 75 0
3,750 3,661 3,236 1,605 464 519 1,631 425 0 264 89 0
3,831 3,742 3,296 1,619 463 522 1,677 446 0 279 89 0
4,064 3,686 3,253 1,593 463 513 1,660 432 0 267 378 0
Disbursements Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
574 345 232 125 32 15 106 114 0 72 229 0
185 139 125 44 19 8 81 15 0 11 46 0
25 25 17 7 0 0 10 8 0 4 0 0
45 28 23 2 0 0 21 5 0 0 17 0
227 160 160 0 0 0 160 0 0 0 68 0
94 28 13 0 0 0 13 14 0 0 66 0
79 13 13 0 0 0 13 0 0 0 66 0
369 20 19 0 0 0 19 0 0 0 350 0
Principal repayments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
398 307 166 77 47 1 89 142 30 32 91 0
212 147 114 77 46 0 37 33 0 12 65 0
45 31 21 5 2 0 16 10 0 1 14 0
35 13 11 2 0 0 9 2 0 0 22 0
55 36 36 2 0 0 33 0 0 0 19 0
55 3 3 3 0 0 0 0 0 0 52 0
66 0 0 0 0 0 0 0 0 0 66 0
62 1 1 0 0 0 1 0 0 0 61 0
Interest payments Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
189 163 115 81 46 2 34 48 6 11 26 0
81 64 51 37 26 1 14 13 0 5 17 0
7 3 2 2 1 0 0 1 0 0 4 0
4 2 2 0 0 0 2 0 0 0 2 0
14 13 13 0 0 0 12 0 0 0 1 0
10 5 5 1 0 0 4 0 0 0 5 0
30 14 14 0 0 0 14 0 0 0 16 0
41 13 13 0 0 0 13 0 0 0 28 0
503 442
-516 -330
-548 -224
383 138
703 386
-122 -75
-275 -431
215 293
0 66 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
7. Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Multilateral of which: IBRD IDA Bilateral Private creditors of which: Bonds Commercial banks Private nonguaranteed of which: Bonds
8. Debt stock-flow reconciliation
Total change in external debt stocks Net flows on external debt
9. Debt restructurings
Total amount rescheduled Total amount forgiven Debt buyback
10. Contractual obligations on outstanding long-term external debt Official creditors Principal Interest Private creditors Principal Interest
2011
2012
2013
2014
2015
2016
2017
2018
409 43
163 22
114 16
82 13
62 11
58 10
57 9
56 8
39 9
39 8
39 7
39 7
38 6
38 5
38 4
38 3
317
.
About the Data
Data Sources
T
he principal sources of information for the tables in this volume are reports to the World Bank through the World Bank’s Debtor Reporting System (DRS) from member countries that have received either International Bank for Reconstruction and Development (IBRD) loans or International Development Association (IDA) credits. The DRS has its origin in the World Bank’s need to monitor and assess the financial position of its borrowers. Since 1951, borrowers have been required to provide statistics on their public external debt and private sector debt that benefits from a public guarantee. In its design, consistency, and continuity of coverage, the DRS is a unique resource. Reporting countries submit detailed reports on the annual status, transactions, and terms of the long-term external debt of public agencies and that of private ones guaranteed by a public agency in the debtor country. The DRS maintains these records on a loan-by-loan basis. In 1973, coverage of the DRS was expanded to include private sector nonguaranteed borrowing, but for this category of debt, data are provided by borrowers in aggregate rather than loan by loan. Data submitted to the DRS are processed in the World Bank External Debt (WBXD) system, along with additional information received from the files of the African Development Bank, the Asian Development Bank, the Inter-American Development Bank (IDB), the International Monetary Fund (IMF), institutions of the World Bank Group (IBRD and IDA), and the European Bank for Reconstruction and Development (EBRD). The WBXD is an internal system of the World Bank. Among its outputs is the Global Development Finance (GDF) database, from which the tables in
this publication, GDF CD-ROM and online database are produced. Data on exports and imports (on a balance of payments basis), international reserves, current account balances, foreign direct investment (FDI), portfolio equity flows, and profit remittances of FDI are drawn mainly from the files of the IMF, supplemented by United Nations Conference on Trade and Development (UNCTAD) reports and country data. Balance of payments data are presented according to the fifth edition of the IMF’s Balance of Payments Manual (BPM5). Official aid flows come from data collected and published by the Development Assistance Committee (DAC) of the Organisation for Economic Co-operation and Development (OECD). Short-term external debt data are as reported by debtor countries or are estimates based on the Bank for International Settlements (BIS) quarterly series of commercial banks’ claims on developing countries. For some countries, estimates were prepared by pooling creditor and debtor information. Data on the gross national income of most developing countries are collected from national statistical organizations or central banks by visiting and resident World Bank missions. Every effort has been made to ensure the accuracy and completeness of the external debt statistics. Coverage has been improved through the efforts of the reporting agencies and close collaboration between the Bank and our partners Commonwealth Secretariat (COMSEC) and UNCTAD, which provide debt recording and reporting systems across the globe, as well as through the work of the World Bank missions, which visit member countries to gather data and to provide technical assistance on debt issues.
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Nevertheless, quality and coverage vary among debtors and may also vary for the same debtor from year to year. Data on long-term external debt reported by member countries are checked against, and supplemented by, data from several other sources. Among these sources are the statements and reports of several regional development banks, government lending agencies, and official government Web sites.
Methodology Aggregations Total debt stock and other aggregate measures are derived from the summation of loan-level data on stocks and flows after conversion to a common currency. Other tabulations are compiled using terms and conditions reported in the loan-level data, such as currency composition, cancellations, rescheduling of other liabilities into long-term public and publicly guaranteed external debt, and debt buybacks. Aggregates for regional and income groups are based on the World Bank’s operational classifications, which may differ from common geographic usage or income groups used by other organizations. Country classifications of DRS reporting countries in 2010 are shown in country groups in the back of the publication. The same classification is used for all historical data shown in Global Development Finance and the online database.
Currency Conversion Data on external obligations are normally reported to the World Bank in the currency of repayment and are converted into a common currency (U.S. dollars) using official exchange rates published by the IMF. Commitments, disbursements, and debt service payments (flows) are converted to U.S. dollars at the annual average exchange rate for the year. Debt outstanding (disbursed and undisbursed) at the end of a given year (stock) is converted at the exchange rate in effect at the end of the relevant year. Consequently, year-to-year changes in debt outstanding and disbursed may not be equal to net flows (disbursements less principal repayments); similarly, changes in debt outstanding (including
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undisbursed debt) may not equal commitments less repayments. Discrepancies will be particularly significant when exchange rates have moved sharply during the year. Projected debt service is converted to U.S. dollars at rates in effect at the end of December 2010. Beginning with 1991, all ruble debt owed to the former Soviet Union has been converted at a rate of US$1 = 0.6 ruble, except in cases where a bilateral agreement specifying a different conversion rate is in place. Adoption of this methodology does not constitute an endorsement by the World Bank staff of the appropriateness or validity of the exchange rate used. This matter must be resolved bilaterally between the Russian Federation and its debtor countries. Starting with the 1988–89 edition of World Debt Tables (the predecessor of GDF), all data pertaining to IBRD loans from 1985 onward are recorded at their current market value. Starting with the 1991–92 edition, all data pertaining to Asian Development Bank loans from 1989 onward are recorded at their current market value. Starting with the 1998 edition, all data pertaining to African Development Bank and African Development Fund loans from 1997 onward are recorded at their current market value.
Debt Stock and Flow Reconciliation Because of currency conversions and the timing of transactions, there may be differences between the change in aggregate stocks from one period to the next and flows during the relevant period; changes in debt outstanding, including undisbursed amounts, will therefore differ from commitments less repayments. Changes in the stock of debt from one period to the next can be attributed to five factors: the net flow of debt, the net change in interest arrears, the capitalization of interest, a reduction in debt resulting from debt forgiveness or other debt reduction mechanisms, and cross-currency valuation effects. Any residual difference in the change in stock not explained by one of those five factors may indicate inconsistencies in the reported data or specific phenomena prevailing in an individual country (for example, an incomplete historical series for all categories of debt). Starting in 1989, the GDF includes a debt stock reconciliation, but not all components are shown in the GDF print edition.
A B O U T
External Debt Restructuring Starting in 1985, the WBXD includes information on restructuring of debt by official creditors in the context of the Paris Club, restructuring by commercial creditors, debt swap operations, buybacks, and bond exchanges. It attempts to capture accurately the effect of debt restructuring on both external debt stocks and external debt flows, consistent with the terms on which the restructuring takes place. In the compilation and presentation of external debt data, a distinction is made between cash flows and imputed flows. According to this criterion, restructured service payments and the shift in liabilities from one financial instrument to another as a result of debt restructuring are considered to be imputed flows. Both cash flows and imputed flows are recorded separately in WBXD. The imputed flows and stock changes associated with debt restructuring are included in the GDF tables and online database to complement the cash-basis transactions recorded in the main body of the data. Such data encompass information on the debt stock and debt flows restructured each year, the amount of principal forgiven (interest forgiven is shown as a memorandum item), and the amount of external debt stock reduced either by forgiveness or by a debt buyback operation. Changes in creditors and debtors that result from debt restructuring are also reflected. For example, when insured commercial credits are rescheduled, the creditor classification shifts from private to official (bilateral), reflecting the assumption of the assets by the official credit insurance agencies in the creditor country. The GDF data will show a reduction in the external debt owed to the original private creditors equal or similar to the amount of debt restructured and a corresponding increase in the debt owed to the new official creditor. Similarly on the debtor side, when a government accepts responsibility for the payment of restructured debt previously owed by a private enterprise, the relevant change in the debtor category will be reflected. Likewise, if short-term external debt is restructured into a long-term obligation, the stock of short-term external debt will decline and the stock of long-term external debt will rise by the amount of short-term debt restructured. In the event of a debt swap of long-term external debt (external debt to equity, external debt for nature, or external debt for development), the face value of the external debt swapped will be recorded as
a decline in long-term external debt stock, but no flow transaction (principal repayment) will be recorded.
Projections of Future Disbursements and Debt Service Payments The WBXD system projects future disbursements and future debt service payments on the assumption that every existing loan commitment will be fully used and repaid in full.
Future Disbursements Disbursement projections are made using one of the following methods: • Specific schedules. Debtor countries are requested to submit a schedule of future disbursements, if available, at the time each new loan is first reported. • Standard schedules. In the absence of specific schedules, the WBXD system projects the future disbursement schedule according to the undisbursed balance of each loan at the end of the most recent reporting period. These projected schedules are based on profiles derived from the disbursement pattern of comparable loans that fully disbursed. Thirty different profiles have been compiled corresponding to each category of creditor and, in the case of official creditors, for concessional and nonconcessional loans. Each profile is derived by applying regression analysis techniques to a body of data on actual disbursements for each fully disbursed loan in the WBXD database. The profiles are periodically updated to take into account the evolving pattern of disbursements observed for fully disbursed loans. Future principal payments are generated by the WBXD system according to the repayment terms of each loan. Principal repayments (amortization) are based on the amount of the loan commitment. If the amortization schedule follows a set pattern (for example, equal semiannual payments), the WBXD system calculates repayments automatically using the loan commitment amount, the first and final payment dates, and the frequency of the payments. If future payments are irregular, the WBXD system requires a schedule. Future interest payments are generated by the WBXD system according to the disbursed and
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outstanding balance of the loan at the beginning of the period. Using the interest rate specified in the loan contract, the first and final interest payment dates, and the frequency of payments, the WBXD system calculates the stream of future interest payments due. If interest payments are irregular, the WBXD system requires a schedule. Future debt service payments are the sum of future principal and interest payments due on existing commitments, including the undisbursed portion. They do not include debt service payments that may become due as a result of new loans contracted in subsequent years, nor do they take into account the effect of any change to future debt service obligations resulting from actions such as prepayment or rescheduling or from cancellations that occurred after the most recent year-end data reported to the DRS. Both projected disbursements and future debt service payments are converted into U.S. dollars using end-December 2010 exchange rates. Likewise, future interest payments on loans with a variable interest rate (for example, loans from commercial banks tied to the London Interbank Offered Rate [LIBOR]) are based on the interest rate prevailing at end-December 2010.
Treatment of Arrears The DRS collects information on arrears of both principal and interest. Principal in arrears is included in the amount of long-term external debt outstanding and is shown separately. Interest in arrears on long-term external debt and interest in arrears on the use of IMF credit are included as part of short-term external debt outstanding and are shown separately. Clearance of interest in arrears by repayment will be recorded as an interest payment in the relevant creditor category of the loan (or loans) on which the arrears were incurred, as a corresponding reduction in the level of short-term debt outstanding, and as a net reduction in interest arrears. Clearance of interest arrears through debt restructuring or forgiveness will be recorded as a reduction in the level of short-term debt outstanding and a net reduction in interest arrears. When interests are rescheduled, they will be capitalized: this change will be recorded as an increase in long-term debt outstanding equal to the amount of interest capitalized and the reduction in short-term debt outstanding noted previously.
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External Debt and Its Components
T
his section describes the compilation of the major components of external debt included in the GDF tables and database and the relationship between them, as shown in figure 1. Information about general methods of compiling external debt data is discussed in the section titled “Methodology.” For concise definitions, see the Glossary.
Total External Debt Total external debt shown in the GDF is the sum of long-term external debt, short-term debt, and IMF credit. It represents the total debt owed to nonresident creditors and repayable in foreign currencies or in goods or services by public and private entities in the country. (Debt repayable in domestic currency is not included.)
Short-Term Debt Short-term debt is defined as external debt with an original maturity of one year or less. The DRS requires debtor countries to report only on their long-term external debt. However, to gain a comprehensive picture of total external obligations, the World Bank encourages debtor countries to provide voluntarily information on their shortterm external obligations. By its nature, short-term external debt is difficult to monitor: loan-by-loan registration is normally impractical, and monitoring systems typically rely on information requested periodically by the central bank from the banking sector. The World Bank regards the debtor country as the authoritative source of information on its shortterm debt. When such information is not made available from the debtor country, data from creditor sources may be used to get an indication of the magnitude of a country’s short-term external debt. The most important source is the BIS quarterly series showing the maturity distribution of commercial banks’ claims on developing countries. These data are reported on the basis of residual maturity, but an estimate of short-term external liabilities by original maturity can be derived by deducting from claims due in one year those that, 12 months earlier, had a maturity of between one and two years. However, not all commercial banks report to the BIS in a way that allows the full maturity distribution to be determined, and the BIS data include liabilities only to banks within
A B O U T
Figure 1. External Debt and Its Components Total external debt (EDT)
Short-term debt
Long-term debt (LDOD)
Use of IMF credits
by debtor
Private nonguaranteed debt
Public and publicly guaranteed debt
by creditor
Official creditors
Multilateral
Private creditors
Bilateral
Commercial banks
the BIS reporting area. Consequently, the results should be interpreted with caution. The flow of short-term debt may be derived from the change in claims (stock) data in the BIS quarterly series over consecutive periods, but valuation adjustments resulting from exchange rate movements will affect the calculations, as will prepayment and refinancing of long-term maturities falling due. When short-term external debt has been rescheduled, lags in reporting and differences in the treatment of the rescheduled external debt by debtors and creditors may result in double counting. The information on short-term debt shown in this publication comes primarily from either creditor or government sources. Unless otherwise specified in the country tables, the data for short-term
Bonds
Other
debt are derived from the data provided by BIS on international bank lending, which are based on time remaining to original maturity. Interest in arrears on long-term external debt and interest in arrears on the use of IMF credit are added to short-term debt and are separately identified.
Use of IMF Credit Data related to the operations of the IMF are provided by the IMF Treasurer’s Department. They are converted from special drawing rights into dollars using end-of-period exchange rates for stocks and average-over-the-period exchange rates for flows. IMF trust fund operations under the Enhanced Structural Adjustment Facility, Extended Fund Facility, Poverty Reduction and Growth Facility, and Structural Adjustment Facility
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(Enhanced Structural Adjustment Facility in 1999) are presented together with all of the IMF’s special facilities (buffer stock, supplemental reserve, compensatory and contingency facilities, oil facilities, and other facilities).
Long-Term Debt Long-term debt has an original maturity of more than one year. It comprises the obligations of both public and private debtors. Private nonguaranteed debt comprises the external obligations of private debtors that are not guaranteed for repayment by a public entity in the debtor country. Public and publicly guaranteed debt comprises the external obligations of public debtors and has two components: (a) public debt, which is borrowing by the national government or agency, by a political subdivision or agency, or by autonomous public bodies, and (b) publicly guaranteed debt, which is borrowing by a private agency that is guaranteed for repayment by a public entity.
known to be significant. The estimation of private nonguaranteed debt is based on the national data on quarterly external debt statistics or IMF data. Flows are derived from the change in stock over consecutive periods and are adjusted for the effects of exchange rate movements (assuming the currency composition mirrors that of public and publicly guaranteed debt) and for any known debt restructuring. Principal repayments are estimated on the basis of the average maturity observed for loans to private sector borrowers in countries reporting to the DRS and on the basis of the stock of debt outstanding. Interest payments are estimated on the basis of the stock of debt outstanding and interest rates prevailing in international capital markets. Balance of payments data provide a useful guideline in the estimation process: private nonguaranteed external debt may be derived as a residual between net long-term external borrowing recorded in the balance of payments and net longterm public and publicly guaranteed external debt reported to the DRS.
Private Nonguaranteed Debt The DRS reporting requirements were expanded in 1973 to include long-term private nonguaranteed debt. Data are reported annually on an aggregate basis and include, for the reporting year, the total amount of disbursed and outstanding debt; the amount of disbursements, principal repayments, and interest payments; the principal and interest rescheduled; and the projected principal and interest payments for future years. The aggregate data are usually reported in U.S. dollars, and no information on the underlying currency composition is given. DRS reporting countries recognize the importance of monitoring borrowing by their private sector, particularly when it constitutes a significant portion of total external debt, but many countries acknowledge the difficulty of this process. Detailed data are available only when countries have registration requirements for private nonguaranteed debt in place, most commonly in connection with exchange controls. When formal registration of private nonguaranteed debt is not mandatory, compilers must rely on balance of payments data and financial surveys. The data on private nonguaranteed debt in this publication is as reported or as estimated for countries where this type of external debt is
324
Public and Publicly Guaranteed Debt Data related to public and publicly guaranteed debt are reported to the DRS on a loan-by-loan basis. The data provide annual information on the disbursed and outstanding balance and the undisbursed balance of each loan, the cumulative disbursements, the principal and interest paid and principal and interest restructured in the reporting year, and the stock of any outstanding payment’s arrears of principal and interest. Detailed information on the terms and conditions of each loan is also reported. Public debt and publicly guaranteed debt are shown as a single line in this publication and then further disaggregated by creditor type and, in the case of private creditors, by type of credit instrument.
Official Creditors Official creditors include multilateral and bilateral lenders. In general, official creditors provide loans (and, in some cases, provide grants) to public bodies, although in some cases they may lend to other entities with a public guarantee. Multilateral creditors are international financial institutions such as the World Bank, regional development banks, and other multilateral and intergovernmental agencies whose lending is
A B O U T
administered on a multilateral basis. Funds administered by an international financial organization on behalf of a single donor government constitute bilateral loans (or grants). For lending by a number of multilateral creditors, the data presented in this publication are taken from the creditors’ records. Such creditors include the African Development Bank, the Asian Development Bank, the IDB, the IBRD, and the IDA. (IBRD and IDA are institutions of the World Bank.) Bilateral creditors are governments and their agencies, including central banks, aid agencies, official export credit agencies, and autonomous agencies such as the U.S. Department of Agriculture or the Federal Home Loan Bank. Member countries of the OECD Development Assistance Committee and some other countries also report information on loans extended bilaterally or officially guaranteed to the Creditor Reporting System of the OECD.
Private Creditors Private creditors include commercial banks, bondholders, and other private creditors. This line includes only publicly guaranteed creditors. Nonguaranteed private creditors are shown separately.
Bonds include publicly issued or privately placed bonds. Commercial bank loans are loans from private banks and other private financial institutions. Credits of other private creditors include credits from manufacturers, exporters, and other suppliers of goods, plus bank credits covered by a guarantee of an export credit agency. This line is included in the online database but is not shown in the published tables. It can be obtained as the difference between (a) credits of total private creditors and (b) bonds and commercial bank loans.
Sources of the Macroeconomic Indicators
T
he macroeconomic data are prepared by The World Bank from a variety of sources. Data on Workers’ Remittances and Compensation of Employees are prepared by World Bank staff based on IMF balance of payments statistics. Data on Foreign Direct Investments are prepared by World Bank staff based on IMF balance of payments statistics and United Nations Conference on Trade and Development (UNCTAD) publication. Other macroeconomic data are from IMF balance of payments statistics.
Data on Foreign Direct Investments are gap filled with countries’ balance of payments statistics for the following countries: Ecuador
Malaysia
Papua New Guinea
Data on Exports of Goods, Services, and Income are gap filled with countries’ balance of payments statistics for the following countries: Algeria Angola Botswana Cape Verde Comoros (from 2005) Democratic Republic of Congo (from 2005) Dominican Republic
Ecuador Egypt Haiti Madagascar (from 2006) Malaysia Mali Mauritania (from 2006)
Papua New Guinea Rwanda São Tomé and Principe Solomon Islands Tonga Vanuatu (from 2008) Republic of Yemen
Data on Imports of Goods, Services, and Income are gap filled with countries’ balance of payments statistics for the following countries: Algeria Angola Botswana Cape Verde
Comoros (from 2005) Democratic Republic of Congo (from 2005) Dominican Republic
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Ecuador Egypt Haiti Madagascar (from 2006)
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Malaysia Mali Mauritania (from 2006) Papua New Guinea
Rwanda São Tomé and Principe Solomon Islands Tonga
Vanuatu (from 2008) Republic of Yemen
Data for Current Account Balance are based on countries’ balance of payments statistics for the following countries: Algeria Angola Botswana Comoros (from 2005) Democratic Republic of Congo (from 2006) Dominican Republic Ecuador
Egypt Guyana (from 2009) Madagascar (from 2006) Malawi (from 2005) Malaysia Mali Mauritania (from 2006) Papua New Guinea
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Rwanda São Tomé and Principe Solomon Islands Vanuatu (from 2008) Republic of Yemen Zimbabwe (from 2005)
.
Country Groups Regional Groups East Asia and Pacific Cambodia (A) China (P) Fiji (A) Indonesia (A) Lao PDR (P) Malaysia (E) Mongolia (A) Myanmar (E) Papua New Guinea (A) Philippines (A) Samoa (A) Solomon Islands (A) Thailand (A) Tonga (A) Vanuatu (E) Vietnam (P) Europe and Central Asia Albania (A) Armenia (A) Azerbaijan (A) Belarus (A) Bosnia and Herzegovinaa (A) Bulgaria (A) Georgia (A) Kazakhstan (A) Kosovo (A) Kyrgyz Republic (A) Latvia (A) Lithuania (A) Macedonia, FYR (A) Moldova (A) Montenegro (A) Romania (A)
Russian Federation (P) Serbiaa/b(A) Tajikistan (A) Turkey (A) Turkmenistan (E) Ukraine (A) Uzbekistan (A) Latin America and the Caribbean Argentina (A) Belize (A) Bolivia (A) Brazil (A) Chile (A) Colombia (A) Costa Rica (A) Dominica (A) Dominican Republic (A) Ecuador (A) El Salvador (A) Grenada (A) Guatemala (A) Guyana (A) Haiti (A) Honduras (A) Jamaica (A) Mexico (A) Nicaragua (A) Panama (A) Paraguay (A) Peru (A) St. Kitts and Nevis (A) St. Lucia (A) St. Vincent and the Grenadines (A) Uruguay (A)
Venezuela, RB (A) Middle East and North Africa Algeria (A) Djibouti (A) Egypt, Arab Rep. (A) Iran, Islamic Rep. (A) Jordan (A) Lebanon (A) Morocco (A) Syrian Arab Republic (A) Tunisia (A) Yemen, Republic of (A) South Asia Afghanistan (A) Bangladesh (A) Bhutan (A) India (A) Maldives (A) Nepal (A) Pakistan (A) Sri Lanka (A) Sub-Saharan Africa Angola (A) Benin (A) Botswana (A) Burkina Faso (A) Burundi (P) Cameroon (A) Cape Verde (A) Central African Republic (P)
Chad (A) Comoros (A) Congo, Dem. Rep. (E) Congo, Rep. (E) Côte d’Ivoire (E) Eritrea (E) Ethiopia (A) Gabon (A) Gambia,The (A) Ghana (A) Guinea (E) Guinea-Bissau (E) Kenya (A) Lesotho (A) Liberia (A) Madagascar (A) Malawi (A) Mali (A) Mauritania (A) Mauritius (A) Mozambique (A) Niger (A) Nigeria (A) Rwanda (A) São Tomé and Principe (A) Senegal (A) Seychelles (A) Sierra Leone (A) Somalia (E) South Africa (P) Sudan (A) Swaziland (A) Tanzania (A) Togo (A) Uganda (A) Zambia (P) Zimbabwe (A)
Note: Letters in parenthesis indicate DRS reporters’ status: (A) as reported, (P) preliminary, and (E) estimated. The status “as reported” indicates that the country was fully current in its reporting under the DRS and that World Bank staff are satisfied that the reported data give an adequate and fair representation of the country’s total public debt. “Preliminary” data are based on reported or collected information, but because of incompleteness or other reasons, an element of staff estimation is included. “Estimated” data indicate that countries are not current in their reporting and that a significant element of staff estimation has been necessary in producing the data tables. a. For Bosnia and Herzegovina, total debt before 1999, excluding IBRD and IMF obligations and short-term debt, is included under Serbia. b. Data prior to 2006 include Montenegro.
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Income Groups Low-income countries Afghanistan Bangladesh Benin Burkina Faso Burundi Cambodia Central African Republic Chad Comoros Congo, Dem. Rep. Eritrea Ethiopia Gambia, The Guinea Guinea-Bissau Haiti Kenya Kyrgyz Republic Liberia Madagascar Malawi Mali Mozambique Myanmar Nepal Niger Rwanda Sierra Leone Somalia Tajikistan Tanzania Togo
Uganda Zimbabwe
Middle-income countries Albania Algeria Angola Argentina Armenia Azerbaijan Belarus Belize Bhutan Bolivia Bosnia and Herzegovina Botswana Brazil Bulgaria Cameroon Cape Verde Chile China Colombia Congo, Rep. Costa Rica Côte d’Ivoire Djibouti Dominica Dominican Republic Ecuador Egypt, Arab Rep. El Salvador
Fiji Gabon Georgia Ghana Grenada Guatemala Guyana Honduras India Indonesia Iran, Islamic Rep. Jamaica Jordan Kazakhstan Kosovo Lao PDR Latvia Lebanon Lesotho Lithuania Macedonia, FYR Malaysia Maldives Mauritania Mauritius Mexico Moldova Mongolia Montenegro Morocco Nicaragua Nigeria Pakistan Panama
Papua New Guinea Paraguay Peru Philippines Romania Russian Federation Samoa São Tomé and Principe Senegal Serbia Seychelles Solomon Islands South Africa Sri Lanka St. Kitts and Nevis St. Lucia St. Vincent and the Grenadines Sudan Swaziland Syrian Arab Republic Thailand Tonga Tunisia Turkey Turkmenistan Ukraine Uruguay Uzbekistan Vanuatu Venezuela, RB Vietnam Yemen, Republic of Zambia
Note: Low-income economies are those with a GNI per capita of $1,005 or less in 2010. Middle-income economies are those with a GNI per capita of more than $1,006 but less than $12,275. Lower-middle-income and upper-middle-income economies are separated at a GNI per capita of $3,976.
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Glossary
Average terms of new commitments provide information on the average terms (interest rate, maturity, and grace period) of new commitments on public and publicly guaranteed external debt contracted with public and private creditors. Averages are weighted by the amounts of the loans. Bilateral official creditors are official agencies that make loans on behalf of one government to another government or to public (and, in some cases, private) borrowers in another country. Bonds are debt instruments issued by public and publicly guaranteed or private debtors with durations of one year or longer. Bonds usually give the holder the unconditional right to fixed money income or contractually determined, variable money income. Commercial banks are private banks that provide loans and other financial services. Commitments of public and publicly guaranteed debt constitute the total amount of new long-term loans to public sector borrowers or borrowers with a public sector guarantee extended by official and private lenders and for which contracts were signed in the year specified. Contractual obligations on outstanding long-term external debt are the anticipated debt service payments on long-term external debt contracted up to December 31 of reporting year. Currency composition of public and publicly guaranteed debt provides information on the share of loans outstanding and disbursed by currency of repayment. For major multilateral creditors, the currency composition of the relevant unit of account is also taken into account. The principal currencies in which the external debt of low- and
middle-income countries is contracted (the euro, Japanese yen, pound sterling, Swiss franc, and U.S. dollar) are separately identified. Beginning in 2001, debt denominated in the currencies of the members in the euro area is included under the euro rather than the national currencies that previously prevailed. Current account balance is the sum of net balances on trade in goods, services, and income and the net current transfers. Debt buyback is the repurchase by a debtor of its own debt, either at a discount price or at par value. In the event of a buyback of long-term debt, the face value of the debt bought back will be recorded as a decline in stock outstanding of long-term debt, and the cash amount received by creditors will be recorded as a principal repayment. For example, if a country buys back longterm external debt of face value B at a price P, then long-term external debt will decline by B, and principal repayment will increase by P. The difference between the price at which the debt was bought back and the face value is recorded as a debt stock write-off (the related transactions are not separately indentified in the Global Development Finance (GDF) publication but are available in the CD-ROM and online database). Debt forgiveness grants include both debts canceled by agreement between debtor and creditor and reductions in the net present value of official nonconcessional loans resulting from concessional rescheduling or refinancing. Data are recorded on a disbursement basis and include debt forgiveness from bilateral and multilateral creditors. Debt outstanding and disbursed is the value at year’s end of long-term external debt owed by
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public and publicly guaranteed debtors and private nonguaranteed debtors. Debt restructurings are revisions to debt service obligations agreed on by creditors and debtors. Such agreements change the amount and timing of future principal and interest payments. Debt service to exports is the ratio of the sum of principal repayments and interest paid on total long-term debt (public and publicly guaranteed debt and private nonguaranteed debt) to the value of exports of goods and services and receipts of income from abroad. Debt stock-flow reconciliation shows the indicators that affect the change in debt stocks from one period to the next. Disbursements are drawings during the year specified on loan commitments contracted by the borrower. Exports of goods, services, and income constitute the total value of exports of goods and services, receipts of compensation of nonresident workers, and investment income from abroad. External debt flows are debt-related transactions during the year specified. They include disbursements, principal repayments, and interest payments. External debt stocks comprise public and publicly guaranteed long-term external debt, private nonguaranteed long-term external debt, use of IMF credit, and short-term external debt, including interest arrears on long-term debt. The relation between external debt stock and its components is illustrated on page 323 (figure 1). External debt stocks to exports is the ratio of outstanding external debt to the value of exports of goods and services and receipts of income from abroad. External debt stocks to GNI is the ratio of outstanding external debt to gross national income. Foreign direct investment refers to direct investment flows in the reporting economy. It is the sum of equity capital, reinvestment earnings, and other capital. The term describes a category of international investment made by a resident entity in one economy (direct investor) with the objective of establishing a lasting interest in an enterprise
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resident in an economy other than that of the investor (direct investment enterprise). Ownership of 10 percent or more of the ordinary shares or voting stock is the criterion for determining the existence of a direct investment relationship. Grace period is the time between the date on which a loan is committed and the date on which the first principal payment is due. The information presented in Global Development Finance is the average grace period on all public and publicly guaranteed debt committed during the specified period. Grants are legally binding commitments that obligate a specific value of funds available for disbursement for which there is no payment requirement. They include debt forgiveness grants and grants from bilateral and multilateral agencies (such as the International Development Association). Gross national income (GNI) is the sum of value added by all resident producers, plus any product taxes (less subsidies) not included in the valuation of output, plus net receipts of primary income compensation of employees and property income) from abroad. Yearly average exchange rates are used to convert GNI from local currency to U.S. dollars. Heavily Indebted Poor Country (HIPC) Initiative is a program of the World Bank and the International Monetary Fund to provide debt relief to qualifying countries with unsustainable debt burdens. Imports of goods, services, and income constitute the total value of goods and services imported and income payable to nonresidents. Interest arrears on long-term debt are interest payments due but not paid, shown on a cumulative basis. Interest arrears are due and payable immediately and are therefore regarded as short-term obligations. Thus, an increase in interest arrears on long-term debt will be recorded as an increase in short-term debt. Interest in arrears on the use of IMF credit is also considered to be part of shortterm external debt. Interest payments are the amounts of interest paid in foreign currency, goods, or services in the year specified.
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Interest rate is the interest rate applicable to a loan commitment as specified in the loan contract. The information presented in Global Development Finance is the average interest on all public and publicly guaranteed debt committed during the specified period. International Bank for Reconstruction and Development (IBRD) is a multilateral official creditor. It is the nonconcessional lending arm of the World Bank Group. International Development Association (IDA) is a multilateral official creditor. It is the concessional financing arm of the World Bank Group. The IDA also provides grant financing to qualified borrowers. International Monetary Fund (IMF) charges are the amounts of interest paid in foreign currency in the year specified for transactions with the IMF. International Monetary Fund (IMF) purchases are the total drawings on the general resources account of the IMF during the year specified, excluding drawings in the reserve tranche. International Monetary Fund (IMF) repurchases are the amounts of principal (amortization) paid in foreign currency in the year specified for transactions with the IMF. International reserves constitute the sum of a country’s monetary authority’s holdings of special drawing rights, its reserve position in the IMF, its holdings of foreign exchange, and its holdings of gold (valued at year-end London prices). Long-term external debt is debt that has an original or extended maturity of more than one year and that is owed to nonresidents by residents of an economy and is repayable in foreign currency, goods, or services. Long-term private sector debt is long-term debt owed by the private sector, whether publicly guaranteed or not. Long-term public sector debt is long-term external debt owed by the public sector. Maturity is the date on which the final principal repayment on a loan is due. It is the sum of the grace and repayment periods. The information presented in Global Development Finance is the average maturity on all public and publicly
guaranteed debt committed during the specified period. Multilateral Debt Relief Initiative (MDRI) is a program of the World Bank, the IMF, the InterAmerican Development Bank, and the African Development Bank that provides additional debt relief to countries that have completed the HIPC process. Multilateral official creditors are official agencies owned or governed by more than one country that provide loan financing. They include international financial institutions such as the World Bank, regional development banks, and other intergovernmental agencies. Multilateral to external debt stocks is the ratio of the stock of debt owed to multilateral creditors to total external debt. Net flows on external debt are disbursements on long-term external debt and IMF purchases minus principal repayments on long-term external debt and IMF repurchases. Up to 1984, this calculation included only long-term external debt and IMF flows. From 1985, the calculation includes the change in stock of short-term debt (excluding interest arrears on long-term external debt). Official creditors are governments or other bilateral public entities, such as export-import agencies, development agencies, and multilateral financial institutions such as the World Bank and regional development banks. Portfolio equity is the category of international investment that covers investment in equity securities. Equity securities include shares, stocks, participation, or similar documents (such as American Depositary Receipts) that usually denote ownership of equity. Present value of debt outstanding is the nominal value of all future debt service obligations on existing debt discounted at prevailing market rates of interest. The interest rates used in this calculation are the Commercial Interest Reference Rates (CIRR) for each relevant currency compiled and published by the Organisation for Economic Cooperation and Development. Principal arrears on long-term debt are principal repayments due but not paid on long-term external debt, shown on a cumulative basis.
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Principal repayments are the amounts of principal (amortization) paid in foreign currency, goods, or services in the year specified with respect to longterm external debt. Private creditors are bondholders, commercial banks, and other trade-related lenders. Private nonguaranteed debt is debt owed by private sector borrowers to external creditors on loans that do not benefit from a public sector guarantee by the debtor country. Profit remittances on FDI are payments of direct investment income (debit side), which consist of income on equity (dividends, branch profits, and reinvested earnings) and income on the intercompany debt (interest). Public and publicly guaranteed debt outstanding and disbursed is the value of debt at year’s end of public sector borrowers, or borrowers with a public sector guarantee, owed to official and private lenders. Public and publicly guaranteed external debt comprises public debt (an external obligation of a public debtor, such as the national government or agency, a political subdivision or agency, or an autonomous public body) and publicly guaranteed external debt (an external obligation of a private debtor that is guaranteed for repayment by a public entity). Reserves to external debt stocks is the ratio of international reserves to outstanding external debt. Reserves to imports (months) is the ratio of international reserves to the value of imports of goods, services, and income in the year shown and is expressed in months: Reserves Imports/12 Short-term external debt has an original maturity of one year or less. Available data permit no distinction among public, publicly guaranteed, and private nonguaranteed short-term external debt. Short-term to external debt stock ratio is the ratio of short-term external debt to total outstanding external debt.
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Special Drawing Rights (SDRs) refer to an international reserve asset that was created by the IMF in 1969 to supplement its member countries’ official reserves. The value of SDRs is based on a basket of four key international currencies: the U.S. dollar, the pound sterling, the Japanese yen, and the euro. In addition to playing a role as a supplementary reserve asset, SDRs serve as the unit of account for the IMF and some other international organizations. Technical cooperation grants include (a) freestanding technical cooperation grants, which are intended to finance the transfer of technical and managerial skills or of technology for the purpose of building up general national capacity without reference to any specific investment projects, and (b) investment-related technical cooperation grants, which are aimed at strengthening the capacity to execute specific investment projects. Total amount forgiven is the total amount of principal and interest due, principal and interest in arrears, and debt stock forgiven in the year specified. Total amount rescheduled is the total amount of external debt rescheduled, including principal and interest due, principal and interest in arrears, charges, penalties, and debt stock in the year specified. Total change in external debt stocks is the difference in the external debt stock between two consecutive years. Use of IMF credit denotes members’ drawings on the IMF other than amounts drawn against the country’s reserve tranche position. Use of IMF credit includes purchases and drawings under Stand-By, Extended, Structural Adjustment, Enhanced Structural Adjustment, and Systemic Transformation Facility Arrangements as well as Trust Fund loans. Worker remittances and compensation of employees constitute the sum of workers’ remittances, compensation of employees, and migrants’ transfers as defined in the IMF’s Balance of Payments Manual (BPM5).
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Users’ Guide The general cutoff date for all data in this publication is end-September 2011. The economic aggregates presented in the tables are prepared for the convenience of users. Although debt ratios can give useful information about developments in debt-servicing capacity, conclusions drawn from them will not be valid unless accompanied by careful economic evaluation. The macroeconomic data provided are collected from national statistical organizations, but in some cases may be subject to considerable margin of error. The usual care must be taken in interpreting the ratios, particularly for the most recent years, because figures may be preliminary and subject to revision. Country notes at the end of each country table summarize major events that have taken place in the country in recent years; describe the sources of information for short-term and private nonguaranteed external debt; and highlight main issues in data collection process. Unless otherwise specified in the country table, data on long-term public and publicly guaranteed external debt for 2010 are based on reports provided by the country.
Abbreviations The following abbreviations are used in the principal ratios and indicator tables: BIS CIRR COMSEC CRS DAC DRS FDI GNI HIPC IBRD IDA IMF LIBOR MDRI ODA OECD SDRs UNCTAD WBXD
Bank for International Settlements Commercial Interest Reference Rates Commonwealth Secretariat Creditor Reporting System (of the OECD) Development Assistance Committee (of the OECD) Debtor Reporting System (of the World Bank) Foreign Direct Investment Gross National Income Highly Indebted Poor Country (Initiative of the World Bank and IMF) International Bank for Reconstruction and Development (of the World Bank) International Development Association (of the World Bank) International Monetary Fund London Interbank Offered Rate Multilateral Debt Relief Initiative Official Development Assistance Organization for Economic Co-operation and Development Special drawing rights (of the IMF) United Nations Conference on Trade and Development World Bank External Debt System
Symbols The following symbols have been used throughout: 0 or 0.0 means zero or small enough that the number would round to zero at the displayed number of decimal places. .. means that data are not available or that aggregates cannot be calculated because of missing data in the years shown. $ indicates current U.S. dollars unless otherwise specified.
ECO-AUDIT
Environmental Benefits Statement The World Bank is committed to preserving endangered forests and natural resources. The Office of the Publisher has chosen to print Global Development Finance 2012 on recycled paper with 30 percent postconsumer waste, in accordance with the recommended standards for paper usage set by the Green Press Initiative, a nonprofit program supporting publishers in using fiber that is not sourced from endangered forests. For more information, visit www.greenpressinitiative.org.
Saved: • 14 trees • 6 million Btu of total energy • 1,362 lb. of net greenhouse gases • 6,141 gal. of water • 389 lb. of solid waste
T H E
GDF 2012 draws on a database maintained by the World Bank External Debt (WBXD) system. Longer time series and more detailed data are available from the Global Development Finance 2012 on CD-ROM and the World Bank open databases, which contain more than 200 time series indicators, covering the years 1970 to 2010 for most reporting countries, and pipeline data for scheduled debt service payments on existing commitments to 2018.
World Bank open databases are available through the World Bank’s website, http:// www.worldbank.org. The Little Data Book on External Debt 2012 provides a quick reference to the data from GDF 2012. For more information on the GDF database, CD-ROM, and print publications go to http://publications. worldbank.org/ecommerce/. Global Development Finance 2012: External Debt of Developing Countries is unique in its coverage of the important trends and issues fundamental to the financing of the developing world. This report is an indispensible resource for governments, economists, investors, financial consultants, academics, bankers, and the entire development community.
Further details about the GDF 2012 can be found at http://data.worldbank.org/. For general and ordering information, please visit the World Bank’s publications Web site at http://publications.worldbank.org/, e-mail books@worldbank.org, or call 703-661-1580; within the United States, please call 1-800-645-7274.
DOI: 10.1596/978-0-8213-8997-3
BANK
SKU: 18997
WORLD
eISBN: 978-0-8213-9453-3
THE
ISBN: 978-0-8213-8997-3
B A N K
Global Global Development Development Finance Finance External Debt of Developing Countries
2012
THE WORLD BANK 1818 H Street, NW Washington, DC 20433 USA Telephone: 202 473-1000 Web: data.worldbank.org
The database covers external debt stocks and flows, major economic aggregates, and key debt ratios, as well as average terms of new commitments, currency composition of long term debt, and debt restructurings in greater detail than can be included in the GDF book. The CD-ROM also contains the full contents of the print version of GDF 2012. Text providing country notes, definitions, and source information is linked to each table.
External Debt of Developing Countries
lobal Development Finance 2012: External Debt of Developing Countries is a continuation of the World Bank’s publications Global Development Finance,Volume II (1997 through 2009) and the earlier World Debt Tables (1973 through 1996). As in previous years, GDF 2012 provides statistical tables showing the external debt of 129 developing countries that report public and publicly guaranteed external debt to the World Bank’s Debtor Reporting System (DRS). It also includes tables of key debt ratios for individual reporting countries and the composition of external debt stocks and flows for individual reporting countries and regional and income groups along with some graphical presentations.
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