International Debt Statistics 2013 by World Bank Publications

International Debt Statistics 2013

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ISBN (paper): 978-0-8213-9787-9 ISBN (electronic): 978-0-8213-9788-6 DOI: 10.1596/978-0-8213-9787-9

Table of Contents

Preface

vii

Acknowledgments

Overview I. Developing Countries’ Debt Stocks and Flows, 2011 II. Recent Trends in Official and Private Debt Flows to Developing Countries III. The Rapid Growth in Private Sector External Debt IV. External Debt Burden of Developing Countries—Selected Indicators V. Aggregate Net Capital Flows to Developing Regions VI. Global Trends in External Debt and Public Sector Debt Annex A: World Bank External and Public Debt Data Annex B: Trends in IBRD and IDA Financing to Developing Countries, 2011

1 2 5 8 9 10 13 15 16

Summary Tables

Regional and Income Group Aggregate Tables

Country Tables Afghanistan Albania Algeria Angola Argentina Armenia Azerbaijan Bangladesh Belarus Belize Benin Bhutan

51 52 54 56 58 60 62 64 66 68 70 72 74

Bolivia, Plurinational State of Bosnia and Herzegovina Botswana Brazil Bulgaria Burkina Faso 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

76 78 80 82 84 86 88 90 92 94 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

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Haiti Honduras India Indonesia Iran, Islamic Republic of Jamaica 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

152 154 156 158 160 162 164 166 168 170 172 174 176 178 180 182 184 186 188 190 192 194 196 198 200 202 204 206 208 210 212 214 216 218 220 222 224 226 228 230 232 234 236 238

240 242 244 246 248 250 252 254 256 258 260 262 264 266 268 270 272 274 276 278 280 282 284 286 288 290 292 294 296 298 300 302 304 306

About the Data Data Sources Methodology External Debt and Its Components Sources of the Macroeconomic Indicators

309 309 310 312 315

Country Groups

317

Glossary

319

Users’ Guide

323

Preface

he World Bankâ&#x20AC;&#x2122;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 International Debt Statistics (IDS). 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 Bankâ&#x20AC;&#x2122;s assessment of the creditworthiness of its borrowers. It has since 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. 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 are working toward 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

vii

Acknowledgments

his volume was 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, Wendy Huang, Hiroko Maeda, Evis Rucaj, Rubena Sukaj, Sun Hwa Song, Maryna Taran, Rasiel Vellos, and Alagiriswamy Venkatesan, working closely with other teams in the Development Economics Vice Presidencyâ&#x20AC;&#x2122;s Development Data Group. The team was assisted by Elysee Kiti. The system support team was led by Abdolreza Farivari. The overview of current developments was prepared by Malvina Pollock 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 Operations and Strategy unit of the Vice Presidency. 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. 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

nternational Debt Statistics(IDS) presents data and analysis information on the external debt of developing countries for 2011, based on actual flows and debt related transactions reported to the World Bank Debtor Reporting System (DRS) by 128 developing countries. It replaces Global Development Finance, which has been discontinued, and provides users with comprehensive stock and flow data on the external debt of individual developing countries and for regional and analytical groupings. As a service to users International Debt Statistics also set debt flows within the broader framework of aggregate net capital flows (debt and equity) to developing countries and includes a summary analysis of trends in 2011. An important new objective of International Debt Statistics is also to showcase the broader spectrum of debt data collected and compiled by the World Bank. These include the joint World Bank-IMF Quarterly External Debt Statistics (QEDS) and the Public Sector Debt (PSD) database launched in 2010. QEDS provide high frequency, quarterly data through mid-2012 for 111 high income and developing countries, disaggregated by debtor type, maturity and borrowing instrument. The PSD database, to which 65 countries already report, also encompasses both high income and developing countries and provides quarterly information on the total debt (external and domestic) of the general government, disaggregated by creditor type, maturity, currency and borrowing instrument (see annex A for a more detailed description of QEDS and PSD). In common with the DRS, information in the QEDS and PSD databases are fully accessible under the World Bank Open Data Initiative at www.

worldbank.org/qeds and www.worldbank.org/ qpsd, respectively. The main messages from the 2011 data are: (a) Net debt inflows to developing countries were $465 billion, 9 percent lower than the comparable figure for 2010. This outcome was much better than many analysts had predicted given the incipient recovery in the global economy in 2011 and the fallout from the Euro-zone crisis. The fall in net debt inflows was due entirely to a drop in inflows from official creditors, $30 billion as compared to $73 billion in 2010. Net inflows from private creditors, at 435 billion were almost identical to those in 2010 but with an important shift in composition: net short-term debt inflows contracted by 27 percent, while medium term financing from commercial banks tripled to $110 billion. (b) Aggregate net capital flows, debt and equity combined fell to $1,107 billion in 2011, again 9 percent lower than 2010 and below their 2007 pre-crisis peak. Measured in relation to developing country gross national income (GNI), the decline in net capital flows was more striking: from 6.2 percent of GNI in 2010 to 4.9 percent in 2011 and well short of the 8.5 percent recorded in 2007. The downturn was driven primarily by the collapse of portfolio equity flows, which plummeted to â&#x2C6;&#x2019;$2 billion, compared to a net inflow of $120 billion in 2010. In contrast, foreign direct investment continued its upward trajectory, rising by 11 percent in 2011 to a record high of $644 billion.

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(c) China is by far the largest recipient of net capital flows among developing countries, accounting for 27 percent of net debt and 35 percent of net equity flows in 2011, and dominates the direction of these flows to developing countries. When China is excluded, the decline in net debt and net capital flows to developing countries in 2011 changes from 9 percent to 13 percent (net debt) and 3 percent (net capital flows), respectively. (d) Countries reporting to the QEDS and PSD databases confirm that external debt and public debt levels are, on average, much lower in developing countries than in high income countries. The ratio of external debt to GNI in developing countries averaged 22 percent in 2011 compared to 124 percent in G7 countries. Similarly, the general government debt of the Euro-zone (17) countries averaged 76 percent of gross domestic product (GDP) in 2011, more than twice the comparable ratio for the largest borrowers among developing countries. The remainder of the Overview is organized as follows. Section I analyzes the key factors driving the evolution of developing countries’ debt stocks and flows in 2011. Section II describes recent trends in external debt flows to developing countries, including the financing pattern of different categories of creditors and the concentration of flows in specific countries and country groups. Section III examines the remarkable growth of private nonguaranteed debt over the course of the decade and the parallel diversification of borrowing instruments available to developing countries’ private sector borrowers. Section IV assesses the level of developing countries’ external debt, measured in relation to key macroeconomic variables, notably GNI and export earnings. Section V summarizes trends in aggregate net capital flows, debt and equity, to developing countries in 2011. Section VI distills the main messages for 2011 and the first half of 2012 from the information reported to QEDS and PSD databases for developing and high income countries. Annex A provides users with a short overview of the coverage and content of the QEDS and PSD databases and annex B summarizes trends in lending by the World Bank (IBRD and IDA) in 2011.

I. Developing Countries’ Debt Stocks and Flows, 2011

he combined stock of developing countries’ external debt rose from $4.4 trillion in 2010 to $4.9 trillion at the end of 2011, reflecting net debt inflows of $464 billion, the upward effect of the year on year appreciation, vis-à-vis the U.S. dollar, of foreign currencies in which around one-third of developing countries external debt is denominated, and debt forgiveness amounting to $4 billion. Short-term debt was the fastest growing component, rising by 18 percent in 2011 as compared to a 9 percent increase in the stock of outstanding long term external debt. Most short-term debt was trade related and, measured against developing countries’ imports, decreased slightly, to 17 percent compared to 18 percent in 2010. The stock of long term debt at end 2011 was fairly evenly divided between publicly guaranteed debt, 51 percent, and debt owed to private nonguaranteed borrowers, 49 percent, although the latter rose twice as fast as the former in 2011, 12 percent as compared to 6 percent. This was a complete turnaround from 2010 when long term public and publicly guaranteed debt rose at a rate twice that of private nonguaranteed debt. Developing countries’ debt stock remained moderate, an average of 22 percent of GNI and 69 percent of export earnings and risks associated with the fact that short-term debt constituted 26 percent of debt stock at end 2011 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 121 percent of external debt stock at end 2011 (table I.1). Net debt flows in 2011 were characterized by a sharp fall in net inflows from official creditors, resilience in those from private creditors, and an improvement in maturity structure, with a marked shift in lending by commercial banks and other financial institutions from short to long term debt. Overall net debt flows fell 8.6 percent in 2011 to $465 billion ($508 billion in 2010), but remained above their pre-crisis level. The decline was driven entirely by the fall in net inflows from official creditors, which dropped to $30 billion, well below half the previous year’s level ($73 billion). In contrast net debt inflows from private creditors,

O V E R V I E W

Table I.1 External Debt Stock of Developing Countries and Selected Ratios, 2005–2011 $ billions 2005

2006

2007

2008

2009

2010

2011

Total External Debt Outstanding

2,577

2,802

3,422

3,678

3,923

4,412

4,876

Long-term (including IMF)

1,993

2,150

2,570

2,834

2,964

3,192

3,469

Public and publicly guaranteed (including IMF)

1,308

1,294

1,395

1,443

1,580

1,674

1,773

Private nonguaranteed

685

856

1,175

1,391

1,385

1,518

1,696

Short-term external debt

512

607

811

793

810

1,062

1,249

External debt outstanding to GNI (%)

27.4

25.0

24.6

22.1

24.1

22.7

21.5

External debt stocks to exports (%)

80.8

71.8

71.9

63.9

85.0

76.3

69.3

Reserves to external debt outstanding (%)

74.5

90.9

105.6

110.4

119.7

122.3

120.8

Short-term debt to imports (%)

16.2

17.5

13.9

17.3

17.9

17.2

Ratios

Sources: World Bank Debtor Reporting System and International Monetary Fund. Note: GNI = gross national income; IMF = International Monetary Fund.

Table I.2. Net Debt Flows to Developing Countries, 2001–2011 $ billions 2001

Net debt flows

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

51.2

8.6

81.0

120.5

138.8

200.0

487.8

229.2

159.6

508.2

464.5

30.9

6.8

–11.9

–24.3

–64.3

–68.9

1.6

30.4

81.0

73.2

30.0

Bilateral

–3.6

–8.2

–13.6

–12.1

–31.6

–45.8

–10.6

–1.2

7.1

12.8

5.8

Multilateral

34.5

15.0

1.7

–12.2

–32.6

–23.1

12.2

31.7

73.9

60.4

24.1

7.4

–0.5

–2.6

2.4

2.6

–0.3

5.2

7.2

18.3

22.4

6.6

19.5

14.2

2.4

–14.7

–40.2

–26.7

–5.1

10.8

26.8

13.8

0.5

Official creditors

World Bank IMF Other multilateral Private creditors Net medium and long term debt flows Public and publicly guaranteed Bonds Banks and other private Private nonguaranteed Bonds

7.6

1.3

1.9

0.2

4.9

3.9

12.2

13.6

28.8

24.1

17.0

20.3

1.7

92.9

144.8

203.1

269.0

486.3

198.8

78.7

435.1

434.6

0.1

–1.0

38.2

86.1

118.0

171.1

284.8

216.0

60.9

177.6

245.3

3.3

3.8

1.5

40.8

33.3

17.7

50.8

6.2

40.8

85.5

71.4

18.9

16.4

17.5

35.5

19.8

1.1

24.1

9.5

39.0

68.9

59.5

–15.6

–12.6

–15.9

5.3

13.5

16.6

26.7

–3.2

1.8

16.5

11.9

–3.2

–4.8

36.7

45.3

84.7

153.4

234.0

209.7

20.1

92.1

173.9

22.1

60.7

64.3

0.2

–2.4

1.3

2.1

25.5

32.4

42.8

–18.1

Banks and other private

–3.5

–2.4

35.4

43.2

59.2

121.0

191.2

227.8

–1.9

31.3

109.6

Net short-term debt flows

20.3

2.8

54.7

58.6

85.1

97.9

201.4

–17.1

17.8

257.6

189.3

Source: World Bank Debtor Reporting System. Note: IMF = International Monetary Fund.

$435 billion, were almost identical to their 2010 level but with an important change in composition. Short-term inflows remained dominant, accounting for 44 percent of net debt inflows from private creditors, but fell 27 percent in 2011 to $189 billion. This decline, and a 28 percent fall in medium inflows from commercial banks to public sector borrowers, was offset by a more than tripling of medium term inflows from commercial banks to

private sector borrowers (table I.2). Overall net debt flows fell less sharply than anticipated in 2011 given the incipient recovery in the global economy and the turmoil in the Euro-zone. However, China, the single largest borrower among developing countries, drove the global trend. When China is excluded, net debt flows to developing countries falls to 13 percent in 2011, as compared to their 2010 level.

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Viewed from the borrower perspective, trends in net debt inflows differed sharply in 2011. Those to private sector borrowers proved resilient and increased, albeit by a moderate 4 percent, in 2011 to $363 billion. In contrast net inflows to public and publicly guaranteed borrowers plummeted by 36 percent to $101 billion (figure I.1). In parallel, public and publicly guaranteed borrowers’ share of net debt inflows fell to 22 percent, from 31 percent in 2010 and 76 percent in 2009. The external debt of developing countries is heavily concentrated in 10 middle-income Figure I.1. Net Debt Inflows by Borrower Type $ billions 500 400 300 200 100 0

–100

Private sector nonguaranteed borrowers Public and publicly guaranteed borrowers Source: World Bank Debtor Reporting System.

emerging economies, namely those with the largest external debt stock at end 2011, referred to hereafter as the top 10 borrowers. From 2005 to 2011 the top 10 borrowers commanded between 56 and 65 percent of annual net debt inflows to developing countries. Net debt inflows to the top 10 borrowers fell by an average of 2 percent in 2011 from 2010 to $3.2 billion compared to a 14 percent fall for other developing countries combined. There was a wide disparity in trend among the top 10 borrowers in 2011 ranging from a 29 percent increase in net inflows to India as compared to a 67 percent decline in those to Turkey. China recorded a relatively moderate, 10 percent increase in net inflows in 2011 but its share of developing countries’ net debt inflows remained dominant, 27 percent in 2011 up from 24 percent in 2010, and dictated the global trend. When China is excluded, net debt inflows to developing countries are shown to have fallen 10 percent in 2011. The BRICs (Brazil, the Russian Federation, India, and China) accounted for 55 percent of net debt inflows to developing countries in 2011, unchanged from 2010. Together the BRICs accounted for 40 percent, and the top 10 borrowers for 65 percent of the end 2011 external debt stock owed by all developing countries (table I.3).

Table I.3. Top 10 Borrowers-External Debt Stock 2011, and Net Inflows, 2010–2011 $ billions External debt stock end 2011

Net inflow 2010

Net inflow 2011 % change in net inflow 2011

% of total net flow 2011

Amount

% of total

Amount

China

685.4

14.1

115.2

127.1

10.3

Russian Federation

543.0

11.1

31.1

32.8

5.5

7.1

Brazil

404.3

8.3

70.8

51.9

–26.7

11.2

Turkey

307.0

6.3

21.9

7.1

–67.3

1.5

India

334.3

6.9

34.1

44.0

28.9

9.5

Mexico

287.0

5.9

43.9

43.2

–1.5

9.3

Indonesia

213.5

4.4

15.8

18.4

16.4

4.0

Ukraine

134.5

2.8

16.7

18.5

10.2

4.0

Romania

129.8

2.7

4.3

5.5

28.1

1.2

Kazakhstan

124.4

2.6

7.2

5.2

–26.8

1.1

Total top 10 borrowers

3,163.4

64.9

360.9

353.7

–2.0

76.2

Other developing countries

1,712.7

35.1

128.7

110.2

–14.4

23.8

All developing countries

4,876.0

100.0

489.6

463.8

–5.3

100.0

Country

Source: World Bank Debtor Reporting System.

27.4

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II. Recent Trends in Official and Private Debt Flows to Developing Countries

2011. Net inflows to the former were down 30 percent from their 2010 level, while those to the latter plunged to $2 billion ($18 billion in 2010) (figure II.1). Gross inflows from multilateral institutions, (defined as IMF purchases and disbursements on loans from multilateral creditors) increased by 121 percent between 2007 and 2009. The dominant factor behind this rapid rise was member countries’ purchases from the IMF, which increased fourteenfold in this period, and the 76 percent rise in disbursements from IBRD and IDA. However, this trend reversed in 2010 when disbursements from multilateral creditors dropped by 12 percent, and

n the wake of the global economic and financial crisis that erupted in 2008, debt flows from private creditors to developing countries contracted sharply while those from official creditors rose as multilateral creditors, in particular the International Monetary Fund (IMF) and the World Bank, stepped in with emergency financing for countries most impacted by the crisis. In 2009, net debt inflows from official creditors exceeded those from private creditors for the first time since 2002. However, these financing patterns have proved to be shortlived and the economic rebound in most developing countries since 2010 has led to a strong resumption of inflows from private creditors and parallel contraction in financing from official creditors. Net debt inflows from official creditors in the form of concessional and non-concessional loans fell almost 60 percent in 2011 to $30 billion primarily as a consequence of the virtual cessation of a net inflow of IMF financing to developing countries and the collapse in net inflows from IBRD which dropped to $2.1 billion from $17.1 billion in 2010 (see annex B for detailed information on lending by the World Bank (IBRD and IDA) in 2011). Net inflows from bilateral creditors were also down to less than half of their 2010 level (Table II.1). Countries in Europe and Central Asia, and Latin America and the Caribbean, who together received around two-thirds of the $103 billion in net debt inflows from multilateral creditors in 2008-2010, bore the brunt of the downturn in

Figure II.1. Net Inflow from Multilateral Creditors, 2008–2011 $ billions 35 30 25 20 15 10 5

st th Asi e a Eu Pa an ro ci d pe fic an d C en La As tral tin ia th Am e er C ic ar a ib an be d M an id dl e N E or as th t Af an ric d So a ut h As ia Su bSa h Af ara ric n a

2008

2009

2010

20011

Source: World Bank Debtor Reporting System.

Table II.1. Net Official Loan Financing to Developing Countries, 2005–2011 $ billions Total Official Creditors

2005

2006

2007

2008

2009

2010

2011

30.0

–64.3

–68.9

1.6

30.4

81.0

73.2

Bilateral

–31.6

–45.8

–10.6

–1.2

7.1

12.8

5.8

Multilateral

–32.6

–23.1

12.2

31.7

73.9

60.4

24.1

Of which: IBRD

–2.9

–5.3

–0.4

2.7

11.8

17.1

2.1

IDA

5.6

5.0

5.5

4.6

6.5

5.3

4.5

IMF

–40.2

–26.7

–5.1

10.8

26.8

13.8

0.5

1.2

1.9

2.1

2.5

2.2

2.4

Memorandum item: IDA grants

Source: World Bank Debtor Reporting System. Note: IBRD = International Bank for Reconstruction and Development; IDA = International Development Association; IMF = International Monetary Fund.

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the downward trajectory accelerated in 2011 when they fell a further 26 percent, driven by a 74 percent fall in IMF purchases by developing countries and a 34 percent drop in disbursements from IBRD. There was also a decline in gross inflows from bilateral creditors. These fell 14 percent in 2011 to $31 billion but remained at close to double their pre-crisis level and accounted for just over a third of 2011 gross flows from official creditors (figure II.2). Intra-developing country lending, or so-called South-South flows, continued to be an increasingly important element in flows from bilateral creditors, and new commitments, a leading indicator of the level and trajectory of future disbursements, point to a continuation of this trend. In 2011, bilateral creditors signed new loan agreements totaling approximately $53 billion, almost the same amount as in 2010, of which China and Russia combined accounted for two thirds. Loans from these two creditors are for financing of large infrastructure projects, principally in the power and transport sector.

The Resilience of Lending by Private Creditors Net debt inflows from private creditors in 2011 were $435 billion, almost identical to those in 2010 and only about 10 percent below their pre-crisis peak in 2007. The change was in composition of inflows from commercial banks

and other financial institutions. These were characterized by a strong return of medium term financing, which rose to $122 billion from $48 billion in 2010. In parallel, the net inflow of short-term debt fell 27 percent to $189 billion (figure II.3) Private sector borrowers were the beneficiary of the recovery in long term financing from banks and other financial institutions, much of it export or project related and often underwritten by a guarantee from an export credit agency or multilateral institution. They saw net inflows more than triple in 2011 to $110 billion fueled by a 30 percent rise in gross disbursements in 2011 and only a very small 4 percent increase in principal repayments since much of the pre-crisis borrowing has already been fully repaid. Over 80 percent of these flows went to countries in Latin America and the Caribbean, and Europe and Central Asia. Comparable inflows to public sector borrowers fell almost 30 percent to $12 billion, primarily largely as a result of decline in gross disbursements. (figure II.4). Short-term debt inflows remained the single most important component of financing from private creditors to developing countries, accounting for 44 percent of net debt inflows from private creditors in 2011. These flows, primarily trade

Figure II.3. Net Private Debt Inflows by Creditor Type, 2005â&#x20AC;&#x201C;2011 Figure II.2. Gross Inflows from Bilateral and Multilateral Creditors to Developing Countries, 2000â&#x20AC;&#x201C;2011

$ billions 300 250

$ billions 45 40 35 30 25 20 15 10 5 0

200 150 100 50

Other multilateral

â&#x2C6;&#x2019;50

Bilateral

Source: World Bank Debtor Reporting System. Note: IBRD = International Bank for Reconstruction and Development; IDA = International Development Association; IMF = International Monetary Fund.

01 20 02 20 03 20 04 20 05 20 06 20 07 20 08 20 09 20 10 20 11

IDA

IBRD

IMF

20 0

0 20 01 20 02 20 03 20 04 20 05 20 06 20 07 20 08 20 09 20 10 20 11

Banks and other private Bonds Short term Source: World Bank Debtor Reporting System.

O V E R V I E W

Figure II.4. Gross Long-Term Commercial Bank Flows to Developing Countries, 2000–2011

Table II.2. Net Short-Term Debt Flows by Developing Country Regions, 2007–2011

$ billions

500

2007

450

East Asia and the Pacific

400 350 300

150

65.0

148.9

144.9

–16.9

–34.9

45.9

24.5

23.9

2.6

–8.6

43.8

–3.0

Sub-Saharan Africa

01 20 02 20 03 20 04 20 05 20 06 20 07 20 08 20 09 20 10 20 11

Gross disbursements public borrowers Gross disbursements private sector borrowers

2011

–13.3

South Asia

100

2010

52.9

Middle East and North Africa

200

2009

Europe and Central Asia 101.2 Latin America and the Caribbean

250

2008

3.3

–1.9

3.0

4.5

0.9

13.1

8.0

2.7

11.8

22.5

7.0

4.4

–9.5

2.8

–0.5

All developing countries

201.4

–17.1

17.8

257.6

189.3

Of which: top 10 borrowers

149.1

–29.8

30.2

208.6

171.2

Sources: World Bank Debtor Reporting System and Bank for International Settlements.

Principal payments public borrowers Principal payments private sector borrowers Source: World Bank Debtor Reporting System.

related, were highly concentrated, with over 75 percent of net short-term debt inflows in 2011 going to countries in East Asia and the Pacific. They received $145 billion, an almost identical amount to 2010, and of these flows, $129 billion, close to 90 percent of the regional total, went to China. In sharp contrast, Latin America and the Caribbean, which recorded a $44 billion inflow in 2010, registered a $3 billion outflow in 2011. The principal factor was the $50 billion turnaround in flows to Brazil, which went from a net inflow of $26 billion in 2010 to an outflow of $23 billion in 2011, with long term commercial bank financing replacing short-term debt. Elsewhere across the region, flows were mainly positive including a net inflow of $12 billion to Mexico ($11 billion in 2010). Inflows to Europe and Central Asia in 2011 were only a little over half those of the previous year with most of the downturn accounted for by the contraction in net inflow to Turkey, $6 billion as compared to $28 billion in 2010. In South Asia the trend was in the opposite direction, with the net inflow in 2011 double that of 2010 on account of the rapid rise in net inflow to India to $22 billion ($10 billion in 2010) (table II.2).

Bond issuance in international capital markets by developing countries’ public and private borrowers held up well in 2011, totaling $188 billion, compared to the $182 billion issued in 2010. The main driver was again issuance by corporate borrowers in developing countries. This increased by 16 percent in 2011, bringing their share of total 2011 bond issuance to 49 percent, up from 43 percent in 2010. Countries in Latin America and the Caribbean again led the way in corporate bond issuance. They rose 14 percent to $63 billion, and accounted for almost 70 percent of corporate bond issuances by all developing countries in 2011. The private sector in Brazil and Mexico were the dominant players, with total issuances of $31 billion and $18 billion, respectively, of which around half were placed by the financial sector and the other half by large companies. In East Asia and the Pacific region and Europe and Central Asia the major players were Chinese, Russian and Turkish corporations. Sovereign and public sector bond issues fell 7 percent in 2011 from the previous year with most of this decline due to the sharp drop in new issues by India. The doubling of public sector bond issues in Sub-Saharan Africa was due largely to South Africa but Nigeria came to the market in January 2011 with a debut $500 million 10-year sovereign bond (table II.3).

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Table II.3. Bond Issuance by Developing Country Borrowers, 2010–2011

Figure III.1. Stock of External Debt by Borrower Type and Maturity, 2000–2011

$ billions

0.0

12.1

3.0

1.3

0.7

2.0

4.5

0.0

1.7

103.5

96.4

78.7

91.4

68.2

61.0

64.1

73.8

South Asia Sub-Saharan Africa All developing countries Of which: top 10 borrowers

1,500 1,000 500 0

Source: World Bank Debtor Reporting System.

4.0

5.5

Middle East and North Africa

2,000

62.7

55.0

46.7

43.2

2,500

Latin America and the Caribbean

3,000

10.9

7.1

25.2

27.8

Europe and Central Asia

3,500

15.4

15.3

13.1

12.9

4,000

East Asia and the Pacific

4,500

2011

2010

2011

2010

5,000

Corporate borrowers

Public borrowers

I N T E R N A T I O N A L

Short term Public sector—long term Private sector—long term

III. The Rapid Growth in Private Sector External Debt

Source: World Bank Debtor Reporting System.

he increasingly important role of the private sector in the overall economic landscape of many developing countries is reflected in the evolution of developing countries’ private nonguaranteed external debt and the composition of developing countries’ external debt stock. There is, as yet, no comprehensive international data series on the external obligations of developing countries’ private sector. Many countries do not have the mechanisms in place to collect and report on this category of external obligations, but the importance of setting up an appropriate institutional framework is widely recognized, and significant improvements have already been realized. Despite the current limitations, International Debt Statistics (IDS) draws on the data on private nonguaranteed external debt reported to the World Bank DRS and provides important and viable information on overall trends. Over the past decade there has been a significant shift, marked by a rapid rise in debt owed to private sector borrowers and a corresponding fall in the external obligations of the public sector. In 2011, the long term external obligations of private sector borrowers in developing countries amounted to US$2,616 billion, more than two times their 2000 level (figure III.1). As a share of developing countries’ total long-term external obligations, those of private sector borrowers increased from 57 percent in 2000 to almost 75 percent in 2011. Taken together with short

term debt, primarily owed by private sector borrowers, the external obligations of the private sector in 2011 were equivalent to 17 percent of developing countries’ GNI and 52 percent of their export earnings. The bulk of the borrowing has been by the private sector in the more advanced emerging market countries, notably those in East Asia and the Pacific, Europe and Central Asia, and Latin America and the Caribbean. Taken together, these three regions accounted for 88 percent of long-term external obligations of developing countries’ private sector borrowers, down slightly from 93 percent in 2000. Over this period there has, however, been a noticeably shift in relative shares within these regions. Whereas countries in Latin America and the Caribbean accounted for 49 percent in 2000, their share had fallen to 29 percent by 2011. Similarly, external borrowing by the private sector in countries in East Asia and the Pacific declined, almost halving the region’s share to 16 percent, from 30 percent in 2000. This was in stark contrast to Europe and Central Asia where a rapid increase in private sector borrowing tripled the region’s share to 43 percent of the combined longterm debt obligations of private sector borrowers in developing countries in 2011 from 14 percent in 2000 (figure III.2). However, these data need to be interpreted with some caution, particularly in regard to those regions where external borrowing by the private sector is seen to be low, as typically

O V E R V I E W

Figure III.2. Long-Term External Debt of Private Sector Borrowers: Regional Distribution Percent 60 50

the IFC of the World Bank Group, the European Bank for Reconstruction and Development (EBRD) and the private lending arms of the regional development banks. These institutions often operate in tandem with bilateral and commercial lending for the financing of large-scale infrastructure projects.

40 30

IV. External Debt Burden of Developing Countries—Selected Indicators

20 10

L th atin e C Am ar e ib ri Ea bea ca n st th Asi e a Pa an ci d f Eu ic C ro en p tra e l A and s So ia u th Su As bSa ia ha ra n Af ric M a id dl N eE or as th t Af an ric d a

2000

2005

2011

Source: World Bank Debtor Reporting System.

it is often countries in these regions where mechanisms for the capture and compilation of statistics on private sector borrowing remain weak. As an illustration, the International Finance Corporation (IFC), the private lending arm of the World Bank Group, reported claims of around $6 billion in 2011 in direct loans and guaranteed syndicated bank loans in Sub-Saharan Africa, where it is active in 31 countries. Most of these countries do not report on private sector borrowing to the World Bank Debtor Reporting System. The rise in borrowing by developing countries’ private sector has been accompanied by a diversification of borrowing instruments, in particular corporate bond issuance. In 2011, developing country corporate bond issuance accounted for 19 percent of gross long term external inflows, compared to 12 percent at the start of the decade. This type of external financing has however been highly concentrated in the large corporate sector of the more advanced emerging market countries. Most private sector borrowers rely primarily on commercial bank credit to finance trade or specific projects, refinance debt and fund day-to-day operations. An important reason for this is information asymmetry. Because of their close relations with clients, banks are often better positioned than bond investors to gather information on prospective borrowers. Additionally, many private sector borrowers have no credit rating. Another increasingly important source of financing is multilateral institutions like

rom the start of the decade to 2008, developing countries external debt indicators, measured in terms of GNI and export earnings, improved markedly. Over this period the combined stock of developing countries’ external debt, measured in relation to export earnings, fell to 63.9 percent, less than half its 2000 level, 129 percent. The corresponding drop in the ratio of external debt stocks to developing countries’ GNI was from 37.9 percent to 22.1 percent. Several factors were at play, including strong growth performance, a sharp rise in export earnings due to increased export volumes, high international prices for primary commodities and a marked shift in external financing from debt to equity in a number of developing countries. In the case of low-income countries, large scale forgiveness of external debt obligations, primarily in the context of the Highly Indebted Poor Countries (HIPC) and Multilateral Debt Relief Initiative (MDRI) was also an important contributing factor. The global economic and financial crisis interrupted the trend. In 2009 a sharp (20 percent) contraction in developing countries’ export earnings, coupled with increased external borrowing to finance current account deficits and fiscal stimulus measures, pushed the ratio of total external debt outstanding to exports up to 85 percent, its highest level since 2005. The ratio of outstanding external debt to GNI also rose, to 24.2 percent, reflecting the decline in developing countries’ combined GNI. However, despite continued global economic uncertainty the majority of developing countries saw their economy rebound strongly in 2010–2011. This has translated into improvements in the ratio of debt to GNI and to export earnings, 21.5 percent and 69.3 percent, respectively, at end 2011 for all developing countries combined (figure IV.1) The improvement in debt indicators was widespread with all regions recording an improvement in the ratio of external debt to export earnings in

I N T E R N A T I O N A L

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2011, and the same was broadly true with regard to the ratio of debt to GNI. In the regions where the ratio rose in 2011, Latin America and the Caribbean and South Asia, it did so only marginally. East Asia and the Pacific has the lowest debt burden measured against both GNI and export earnings, despite a sharp increase in debt outstanding since 2009. Countries in Europe and Central Asia are, on average, the most heavily indebted among developing countries and some of the most severely impacted by the global economic crisis. This was reflected in the marked deterioration in the average ratio of external

debt to GNI and to export earnings for countries in the region between 2008 and 2009. Both ratios improved in 2010 and still further in 2011 to 43.1 percent and 111.8 percent, respectively, levels only slightly above their pre-crisis (2008) level. The top 10 borrowing countries have a ratio of debt to exports broadly comparable to that of other developing countries. Measured in relation to GNI, their debt burden is lower, an average of 19 percent in 2011 compared to an average of 31 percent for other developing countries (table IV.1). Developing countries have seen a significant improvement in external debt payment capacity over the past decade, measured as the ratio of external debt service to export earnings, and this trend continued in 2011 despite the further 11 percent rise in their combined external debt obligations. The average debt service to export ratio for all developing countries combined dropped to 8.8 percent, compared to 11.3 percent in 2009 and 20.4 percent at the start of the decade. This is primarily a consequence of increased export earnings but it is also a direct outcome of debt restructuring and outright debt relief from official and private creditors, in the context of the HIPC and MDRI and additional bilateral debt relief.

Figure IV.1. Key Debt Indicators: Trend 2000â&#x20AC;&#x201C;2011 Percent 140 120 100 80 60 40 20

External debt stocks to exports (%)

V. Aggregate Net Capital Flows to Developing Regions

External debt stocks to GNI (%)

Debt service to exports (%)

nternational capital flows, debt and equity combined fell to $1,107 billion in 2011, 9 percent lower than 2010 and below their 2007 pre-crisis peak. Measured in relation to developing country

Short-term debt to imports (%) Sources: World Bank Debtor Reporting System and International Monetary Fund. Note: GNI = gross national income.

Table IV.1. Debt Indicators for Developing Country Regions Percent Debt outstanding/GNI

Debt outstanding/exports

Country group

2008

2009

2010

2011

East Asia and the Pacific

13.1

13.8

14.2

13.5

32.5

43.3

41.0

39.9

Europe and Central Asia

40.2

52.4

47.7

43.1

106.7

156.1

136.3

111.8

Latin America and the Caribbean

21.7

24.3

22.4

22.7

87.2

115.3

106.8

99.0

Middle East and North Africa

15.9

17.3

16.4

15.0

39.5

51.5

44.5

South Asia

21.0

21.5

19.8

20.0

84.9

110.7

94.8

86.8

Sub-Saharan Africa

24.3

27.9

26.1

24.8

56.3

82.1

69.7

62.5

Top 10 borrowing countries

19.7

21.3

20.1

19.1

64.1

84.7

75.7

69.7

Other developing countries

28.0

31.4

31.7

31.2

68.1

93.2

83.3

76.9

All developing countries

22.1

24.2

22.7

21.5

63.9

85.0

76.4

69.3

Sources: World Bank Debtor Reporting System and International Monetary Fund. Note: GNI = gross national income.

2008

2009

2010

2011

O V E R V I E W

GNI, the decline in net capital flows was more striking: from 6.2 percent of GNI in 2010 to 4.9 percent in 2011 and well short of the 8.5 percent recorded in 2007. The downturn was driven primarily by the collapse in portfolio equity flows, which plummeted to −$2 billion, compared to a net inflow of $120 billion in 2010. In contrast, foreign direct investment continued its upward trajectory, rising by 11 percent in 2011 to a record high of $644 billion. As previously indicated the 10 percent decline in debt related flows in 2011 resulted entirely from the fall in net debt inflows from official creditors. Foreign direct investment was the single largest component of capital flows to developing countries in 2011, 58 percent, up from 48 percent in 2010. Many developing countries benefited from a further increase in workers’ remittances which were up 12 percent over their 2010 level to $355 billion (table V.1).

business and regulatory environment and relatively high economic growth. In common with 2010, an important share of the 2011 investment resulted from cross-border mergers and acquisitions (M&A), which typically respond more rapidly to changes in economic conditions, but greenfield investment held steady and, importantly, two thirds of this was directed at developing countries. SouthSouth investment, i.e. by one developing country in another, fell by 5 percent in 2011 due in part to repatriation of intercompany loans by Brazilian investors and stagnant flows from East Asia. However, South-South investment accounted for over 25 percent of global foreign direct investment. Among developing countries the 10 largest recipients of foreign direct investment continued to dominate the direction of flows—as a group they absorbed over 70 percent of net foreign direct investment in developing countries in 2011, but individually, trends differed. Most of the top 10 recipients saw inflows increase from their 2010 level but with considerable variance in the pace of increase. It ranged from 12 percent in Chile to a doubling of

Foreign Direct Investment Around half of global foreign direct investment in 2011 was directed to developing countries, with investors attracted by improvements in the

Table V.1. Net Capital Flows to Developing Countries, Equity and Debt, 2001–2011 $ billions 2001

2002

2003

2004

2005

2006

216.9

171.9

264.7

373.3

513.1

705.8

3.8

2.9

4.0

4.7

5.4

6.3

Net equity inflows

165.7

163.3

183.8

252.8

374.3

Net FDI inflows

159.0

155.0

157.4

215.9

6.7

8.3

26.3

51.2

8.6

81.0

30.9

6.8

–11.9

7.4

–0.5

–2.6

19.5

14.2

Other official

4.0

Private creditors

20.3

Net private and official inflows Percent of GNI

Net portfolio equity inflows Net debt flows Official creditors World Bank IMF

Net medium and long term debt flows Bonds Banks and other private

2007

2008

2009

2010

2011

1,180.2

812.6

701.7

1,211.1

8.5

4.9

4.3

6.2

4.9

505.7

692.3

583.3

542.1

702.9

642.2

306.6

398.0

559.4

636.9

427.9

582.7

644.4

36.9

67.7

107.7

132.9

–53.6

114.2

120.2

–2.2

120.5

138.8

200.1

487.9

229.3

159.7

508.3

464.6

–24.3

–64.3

–68.9

1.6

30.4

81.0

73.2

30.0

2.4

2.6

–0.3

5.2

7.2

18.3

22.4

6.6

2.4

–14.7

–40.2

–26.7

–5.1

10.8

26.8

13.8

0.5

–6.8

–11.7

–11.9

–26.7

–41.9

1.6

12.4

35.9

36.9

22.8

1.7

92.9

144.8

203.1

269.0

486.3

198.8

78.7

435.1

434.6

1,106.8

0.1

–1.0

38.2

86.1

118.0

171.1

284.8

216.0

60.9

177.5

245.3

19.1

14.0

18.8

37.6

45.3

33.6

66.9

–8.6

61.0

129.7

123.8

–19.1

–15.0

19.4

48.5

72.7

137.5

217.9

224.6

–0.2

47.9

121.5

Net short-term debt flows

20.3

2.8

54.7

58.6

85.1

97.9

201.4

–17.1

17.8

257.6

189.3

Change in reserves (– = increase)

–80.4

–157.0

–280.5

–393.0

–397.4

–625.1

–1,067.8

–448.9

–632.1

–702.0

–492.0

90.0

108.0

133.7

154.7

180.0

213.6

259.7

301.0

285.0

315.6

355.0

Memorandum items Workers remittances

Sources: World Bank Debtor Reporting System, International Monetary Fund, and Bank for International Settlements. Note: FDI = foreign direct investment; GNI = gross national income; IMF = International Monetary Fund.

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inflows into the hydro-carbon sector in Kazakhstan and a 76 percent jump in Turkey where investment focused on high value added, high-tech exportoriented projects, and cross-border mergers and acquisitions included two mega deals: BBVA’s (Spain) $5.9 billion acquisition of 25 percent of Turkiye Garanti Bankasi and Valleres’ (United Kingdom) $2.1 billion purchase of Genel Enerji. Among other major recipients, Brazil saw the net inflow of foreign direct investment rise 34 percent; net inflows to both India and Russia were up 22 percent. Only two countries in the group, China and Mexico, recorded a decline in net inflow of foreign direct investment in 2011, 10 percent and 6 percent, respectively (figure V.1). In China, inflows to the service sector continued to rise but those to the manufacturing sector are starting to come under pressure due to rising wage and production costs. However, China remained the single largest recipient of foreign direct investment among both developed and developing countries: it accounted for 34 percent of net foreign direct investment inflows to developing countries in 2011. At the regional level, net inflows to subSaharan Africa rose the fastest, up 55 percent in 2011 to an all-time high of $41 billion. A rebound in foreign direct investment to South Africa, a continued rise in commodity prices and relatively positive outlook for the region as a whole underpinned the recovery. The traditional pattern of investment in oil and other mineral extraction industries continued, but 2011 also saw increased foreign direct investment in services (banking, retail and telecommunications) in response to the Figure V.1. Net Foreign Direct Investment Inflows to Major Recipients, 2009–2011 $ billions China Brazil Russian Federation India Mexico Indonesia

demands of the emerging middle class across the region. The net inflow of foreign direct investment to countries in Latin America and the Caribbean also reached record levels in 2011, $158 billion, 26 percent higher than their 2010 level, driven by expanding consumer markets, higher growth rates and natural resource endowments. Countries in Europe and Central Asia realized on average a 35 percent increase in net inflows in 2011 with several factors at play: competitive production costs and access to European Union markets, Russia’s accession to the World Trade Organization, improved business climates and new privatization programs in extractive industries, utilities, banking and telecommunications. In South Asia, inflows staged a turnaround from their 2009–2010 slide, rising 18 percent to $36 billion, primarily as a result of the sharp increase in inflows to India, spurred on by mergers and acquisitions in extractive industries. India accounts for more than 90 percent of foreign direct investment in the region. The East Asia and the Pacific region continued to account for the largest share of net inflows of foreign direct investment to developing countries, 43 percent in 2011, but after surging in 2010 the net inflow of foreign direct investment declined by 5 percent in 2011. However, this was primarily due to the 10 percent drop in inflows to China, which dominated the regional outcome. When China is excluded inflows to countries in the East Asia and the Pacific region are shown to have risen on average by 18 percent in 2011. The Middle East and North Africa was the only other region to see net inflows fall in 2011. They plunged by 31 percent as political instability across the region brought flows to a halt in a number of countries. Egypt, the region’s largest recipient of foreign direct investment, saw flows turn sharply negative (−$0.5 billion) in 2011 as compared to a net inflow of $6.4 billion in 2010; inflows to Lebanon were pulled down by a slowdown in the real estate sector. There were, however, some bright spots, with inflows to Morocco up $1 billion in 2011 largely on account of investment in automobile production by Renault (France).

Chile

Portfolio Equity Flows

Turkey Colombia Kazakhstan 0

100 2011

150 2010

200

250

300

2009

Sources: International Monetary Fund and World Bank estimates.

Portfolio equity flows again proved to be the most volatile of all capital flows in 2011. After falling precipitously following the advent of the global economic crisis in 2008 portfolio equity flows recovered rapidly in 2009 and 2010, particularly to those

O V E R V I E W

Table V.2. Net Inflow of Portfolio Equity to Major Recipients, 2005–2011 $ billions 2005

2006

2007

2008

2009

2010

2011

China

20.6

42.9

18.5

8.5

29.1

31.4

5.3

Brazil

6.5

7.7

26.2

–7.6

37.1

37.7

6.2

India

–4.1

12.2

9.5

32.9

–15.0

24.7

30.4

South Africa

7.2

15.0

8.7

–4.7

9.4

5.8

–3.8

Turkey

5.7

1.9

5.1

0.7

2.8

3.5

–1.0

Thailand

5.1

5.2

4.3

–3.8

1.7

2.6

0.5

Vietnam

0.1

1.3

6.2

–0.6

0.1

2.4

1.1

Chile

1.6

–0.1

0.4

1.9

0.3

1.8

4.5

Nigeria

0.8

1.8

1.4

–1.0

0.5

2.2

2.6

Indonesia

–0.2

1.9

3.6

0.3

0.8

2.1

–0.3

Top 10 recipients

59.5

87.1

107.3

–21.2

106.5

119.8

10.9

8.2

20.6

25.6

–32.4

7.7

0.4

–13.1

Other developing countries Of which: Philippines

1.5

2.5

3.2

–1.3

–1.1

0.5

1.0

Mexico

3.4

2.8

–0.5

–3.5

4.2

0.6

–6.2

Russian Federation

–0.1

6.5

18.7

–15.0

3.4

–4.8

–9.7

Total all developing countries

67.7

107.7

132.9

–53.6

114.2

120.2

–2.2

Source: International Monetary Fund.

emerging markets viewed as having good growth prospects. Net inflows totaled $108 billion in 2009, a spectacular turnaround from the $54 billion outflow of 2008, and rose a further 22 percent in 2010 to $120 billion as investor concerns receded and stock markets in several emerging markets hit record levels. But, in 2011 a combination of factors sent portfolio equity flows into a tailspin, resulting in a net outflow of $2 billion. In part, flows slowed in response to policy actions by emerging markets to address concerns about inflationary pressures and destabilization of currencies and domestic financial markets. Investors were also deterred by the weaker global economic outlook and potential fallout from the Euro-zone crisis. The net inflow of portfolio equity flows to the top two recipients, Brazil and China, fell to one-sixth their 2010 level, and those to India plunged to an outflow of $4 billion in 2011 from an inflow of $30 billion in 2010. There were, however, some bright spots such as Chile, and investors were also attracted to opportunities in Africa, notably Nigeria (table V.2).

VI. Global Trends in External Debt and Public Sector Debt

he data reported to QEDS by developing and high income countries show a marked increase in the gross external debt position of the key

advanced economies in recent years. This is illustrated by the G7 countries where, since 2006, external debt stocks (measured on a gross basis) have risen on average by close to 30 percent to $42.5 trillion at end 2011. Japan has the fastest rise in external debt; its obligations more than doubled during this period, followed by Canada, up 71 percent and the United States 38 percent (table VI.1). Over the same period the external debt of developing countries, measured on the basis of the top 10 developing country borrowers, has risen three times as fast as that of the G7 countries. On average, around 26 percent of the external obligations of G7 countries are owed by governments and 45 percent constitute short-term debt. When viewed in relation to gross domestic product (GDP), G7 countries are far more heavily indebted than their developing country counterparts. The stock of external debt of G7 countries has risen from an average of 115 percent of GDP in 2006 to 126 percent in 2011, peaking at 128 percent in 2008. Even after excluding the United Kingdom, where gross external debt levels are impacted by its role in global financial markets, the average external debt to GDP ratio remains above 100 percent. This is in stark contrast to developing countries where the comparable ratio for the top 10 borrowers averaged 18.9 percent in 2011, down from 21.6 percent in 2006 (figure VI.1).

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Table VI.1. G7 Countries, External Debt Stock, 2006–2011 $ billions 2006

Canada

2007

2008

2009

2010

2011

696.6

831.7

839.6

997.5

1,107.0

1,190.9

France

3,817.6

4,841.9

4,879.5

5,164.3

5,119.1

5,003.8

Germany

4,219.2

5,115.5

5,125.7

5,114.1

5,221.2

5,338.2

Italy

2,108.0

2,549.3

2,395.3

2,551.2

2,435.2

2,349.7

Japan

1,512.9

1,767.8

2,230.6

2,086.4

2,588.6

3,115.2

United Kingdom

9,239.3

11,260.6

9,106.7

9,409.5

9,483.0

9,976.2

United States

11,204.1

13,427.1

13,749.6

13,661.8

14,516.5

15,508.2

Total G7 countries

32,797.8

39,794.0

38,327.0

38,984.7

40,470.6

42,482.0

Source: World Bank Quarterly External Debt Database.

Figure VI.1. External Debt to GDP Ratio, 2006–2011, for Selected Country Groups Percent

Percent

140

200 180 160 140 120 100 80 60 40 20 0

120 100

hi n Br a az In il R us M dia si In ex an d ic Fe one o de sia ra t Tu ion rk Ka Ja ey za pa kh n s C tan a R nad om a U U ania ni kr te a d in St e at es G Ita er ly m a Fr ny an ce

60 40

Sources: International Monetary Fund and World Bank Quarterly External Debt Database.

20 0

Figure VI.2. Selected High-Income and Developing Countries, External Debt to GDP Ratio, 2011

2006

2007

2008

2009

2010

2011

G7 Countries G7 Countries excluding the United Kingdom Top 10 Developing Countries Sources: International Monetary Fund and World Bank Quarterly External Debt Database.

At the country level the disparity in the external debt to GDP ratio at end 2011 was wide, ranging from as low as 9.5 percent in China to 180 percent in France (figure VI.2) and the United Kingdom (an outlier and excluded from the chart) with an external debt to GDP ratio of 410.3 percent. Data for the first half of 2012 indicate the external debt stock of G7 countries has slightly changed from its end 2011 level and is also broadly the same in relation to GDP. In contrast, the external debt of the top 10 developing country borrowers rose to $3.4 trillion at end June 2012, an average increase

of 7 percent over the end 2011 level (figure VI.3). However, growth kept pace, resulting in a very slight improvement in the external debt to GDP ratio to just below 19 percent at mid-2012. Since the onset of the global economic crisis in 2008, the level of public debt has increased significantly in many countries but this has been particularly pronounced in the world’s more advanced economies. In the 17 Euro-zone countries, government debt to GDP rose from an average of 56 percent in 2008 to 76 percent in 2011, according to the information reported to the World Bank’s Public Sector Debt database. And this average masks a sharp run-up in government debt and very elevated debt to GDP ratios in countries where the impact of the crisis is most severe. In Greece, for example, government debt rose to 165 percent of GDP at end 2011 from 113 percent going into the crisis in 2008 (table VI.2).

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Figure VI.3. Top 10 Developing Country Borrowers, External Debt Stock 2012 to mid-2012

Figure VI.4. Select Countries: General Government Debt to GDP Ratio, 2008–2011

$ billions

Percent

India Turkey Mexico Indonesia

re e

Kazakhstan

ce Ita l Po y rtu ga Ire l la nd Sp ai n Br az il Tu rk ey M ex ic o C hi na

180 160 140 120 100 80 60 40 20 0

China Russian Federation Brazil

Ukraine Romania

2008 0

200

400

600

mid-2012

800

1000

2011

2009

2010

2011

Source: World Bank Public Sector Debt Database. Note: GDP = gross domestic product.

Sources: International Monetary Fund and World Bank Quarterly External Debt Database.

Table VI.2. Euro-Zone 17 Countries, General Government Debt as a Percent of GDP, 2008–2011 Percent 2008

2009

2010

Austria

63.8

69.2

71.8

72.3

Belgium

92.7

99.8

99.5

101.9

Cyprus

48.9

58.5

61.5

71.6

Estonia

4.5

7.2

6.7

6.0

Finland

33.9

43.5

48.4

48.6

France

75.5

87.2

90.6

96.2

Germany

66.7

74.4

83.0

81.2

Greece

113.0

129.4

145.0

165.3

Ireland

48.2

68.7

95.7

109.8

105.7

116.0

118.6

120.1

Luxembourg

13.7

14.8

19.1

18.2

Malta

62.3

68.1

69.4

72.0

Netherlands

63.0

65.6

68.6

70.6

Portugal

74.8

86.9

98.3

112.3

Slovak Republic

27.9

35.6

41.1

43.3

Slovenia

21.9

35.3

38.8

47.6

Spain

35.4

48.6

54.7

60.7

Total Euro-zone 17

56.0

65.2

71.2

76.3

Italy

2011

Source: World Bank Public Sector Debt Database. Note: GDP = gross domestic product.

In the five countries at the center of the ongoing Euro-zone crisis the ratio of general government debt to GDP rose in each successive year since 2008 and, with the exception of Spain, was well over 100 percent in 2011. This contrasts with outcomes in some of the largest developing country borrowers where, over the same period, the comparable ratio has been on a downward

trajectory. In Brazil, it dropped from 64 percent (2008) to 53 percent in 2011 and in Turkey it fell from 49 percent to 40 percent, and for China, the largest of all developing country borrowers, it was only 15 percent in 2011 (figure VI.4).

Annex A: World Bank External and Public Debt Data

ince its inception the World Bank has played a leading role in the compilation and dissemination of data on the external debt of developing countries. The World Bank Debtor Reporting System (DRS), on which the country pages and regional aggregates in this edition of International Debt Statistics are based, has been in existence for over 60 years. It provides policymakers and analysts with a long time series of detailed information on developing countries’ external debt stocks and flows for both public and private sector borrowers. More recently, however, the World Bank has instituted additional debt data series in response to changing global circumstance, evolving borrowing patterns and user demand. These include the Quarterly External Debt Statistics (QEDS) database and the Public Sector Debt (PSD) database, which like the DRS data, are available online as part of the World Bank Open Data Initiative. The QEDS database was developed jointly by the International Monetary Fund and the World Bank in the wake of the 1997 Asian crisis in response to widespread demand for comprehensive

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and readily available high frequency data to facilitate macroeconomic analysis and cross-country data comparisons at the global level. The data are compiled and classified in accordance with the International Monetary Fund Special Data Dissemination Standard (SDDS) or General Data Dissemination System (GDDS) standards. They provide quarterly information on the stock of outstanding external liabilities, categorized by maturity and borrowing instrument. Reporting to the QEDS centralized database is strongly encouraged but participation is voluntary. To date 70 countries have agreed to participate in the SDDS/QEDS database, of which 69 countries currently provide data. A further 48 countries have agreed to participate in the GDDS/QEDS database, of which 42 countries have thus far reported to the database. One important difference between the DRS and the QEDS database is country coverage. Countries reporting to the DRS are those that borrow from the World Bank (IBRD and IDA). However, QEDS is open to any country, developing or high income, that accepts the reporting standards and agrees to participate: 35 of the countries currently providing data to the QEDS are high income. QEDS data relate only to debt stocks, but the extended country coverage and quarterly update provides the basis for a timely analysis of external debt and borrowing trends on a global basis. QEDS data also serve to complement information captured through the DRS and to provide a leading indicator for current year trends in the level and pattern of external borrowing by developing countries. In conjunction with the Open Data Initiative, in December 2010 the World Bank launched an online quarterly, Public Sector Debt (PSD) database. As with QEDS this database was also developed in partnership with the IMF to address the demand for comprehensive, high frequency data measuring the totality of countriesâ&#x20AC;&#x2122; public sector debt obligations, domestic and external. The volume of public debt issued in domestic markets has grown substantially in recent years as options for borrowing in these markets have expanded and governments have used issuance in domestic currency to reduce exposure to exchange rate fluctuations and to correct currency and maturity mismatch. Domestic debt now represents a significant portion of public sector debt in both high income and developing countries, particularly the more advanced emerging markets, and in some cases by far exceeds total external debt levels.

The PSD database is also designed to meet the widespread consensus among policymakers, academics, and market participants that any assessment of vulnerability to shocks, constraints on fiscal policy, and measurement of government liquidity and solvency must be made on a comprehensive basis, taking into account all type of public sector debt. As with QEDS, reporting to the PSD database is voluntary but country response has been strong. To date a total of 25 high income countries and 64 developing countries have agreed to participate. A total of 65 countries already provide data to the PSD database.

Annex B: Trends in IBRD and IDA Financing to Developing Countries, 2011

n 2011 the World Bank (IBRD and IDA) extended $34.4 billion in new loan commitments and made disbursements (from these commitments and the undisbursed pipeline of commitments made in prior years) of $25.7 billion: equivalent to 48 percent and 44 percent, respectively, of commitments and disbursements from all multilateral institutions combined (excluding the IMF) to public sector borrowers in 2011. IBRD and IDA also provide financial support to public sector borrowers in the form of grants (IDA) and guarantees, while other parts of the World Bank Group, IFC and Multilateral Investment Guarantee Agency (MIGA), provide loans and guarantees to private sector borrowers in developing countries (box annex B1). Trends in IBRD Financing: New IBRD loan commitments signed in 2011 totaled $20.8 billion down by over a third from their 2010 level. Countries in Latin America and the Caribbean received a larger share of IBRD commitments than any other region in 2011, 28 percent, but they also bore the brunt of the overall decline. IBRD commitments to the region totaled $5.8 billion in 2011, less than half the $12.4 billion received in 2010. South Asia recorded an increase in IBRD commitments in 2011, this on account of a jump in new commitments to India, $3.7 billion compared to $2 billion in 2010, making India the single largest recipient of IBRD commitments in 2011. In all regions, commitments in 2011 were lower than in the previous year, with those to SubSaharan Africa recording the steepest decline, but this has to be viewed against the unprecedented

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Box Annex B1. World Bank Group Financing to Developing Countries

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 International Development Statistics 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 (published in online database). • Loan financing from IFC is recorded as part of private, nonguaranteed 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. Source: World Bank Debtor Reporting System.

Figure B1. IBRD Disbursements – Regional Distribution, 2009–2011 $ millions 12,000 10,000 8,000 6,000 4,000 2,000

tin th Am e er C ic ar a ib an b Eu ean d C ro en p tra e Ea l A and st sia th Asi e a Pa an ci d an fic M d i N dd or le th E Af as r So ica t ut h As ia Su bSa h Af ara ric n a

level of commitments in 2010 as a consequence of the $3.8 billion extended to South Africa’s power utility company, Eskom. The concentration of IBRD commitments moderated: 10 borrowers accounted for 77 percent of new IBRD loans in 2011 compared to 85 percent in 2010. Disbursements by IBRD from commitments made in 2011, and the undisbursed pipeline of commitments made in prior years, fell 34 percent in 2011 from their prior year’s level. The Middle East and North Africa was the only region to record an increase in IBRD disbursements in 2011, driven up by higher inflows to Morocco and Tunisia. Disbursements to countries in South Asia and East Asia plummeted in line with the rapid fall in disbursements to India to $1 billion ($3.3 billion in 2010), and those to the Latin America and the Caribbean region fell 46 percent, with disbursements to Brazil over $2 billion less than in 2010 and those to Colombia down by more than $1 billion. However, the region continued to command the largest share of IBRD disbursements, 35 percent of 2011 disbursements, followed by Europe and Central Asia with 26 percent (figure B1). IBRD disbursements remained heavily concentrated, with 75 percent going to the top 10 borrowers in 2011 (figure B2). Countries reporting to the World Bank Debtor Reporting System1 had outstanding obligations to IBRD of $126 billion at end 2011. Of this amount over half (55 percent) was owed by six borrowers: in order of importance, Mexico, China, Turkey, India, Indonesia, and Brazil.

2009

2010

2011

Source: World Bank Debtor Reporting System.

Figure B2. Top 10 Recipients of IBRD Disbursements, 2011 $ millions Mexico Brazil Turkey Indonesia China Romania India Philippines Argentina Morocco 0

500

1,000

1,500

Source: World Bank Debtor Reporting System.

2,000

2,500

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Trends in IDA Financing: IDA resources are reserved for the worldâ&#x20AC;&#x2122;s poorest countries, and its operations are concentrated primarily in South Asia and Sub-Saharan Africa. New commitments from IDA (loans and grants) rose by close to 20 percent in 2011 to $16 billion. Disbursements on IDA loans were up 10 percent from their 2010 level to $8.4 billion and those on IDA grants by slightly less, 8 percent, to $2.4 billion, but gains were not uniform across all regions. Countries in Sub-Saharan Africa were the principal beneficiaries and received 48 percent of IDA disbursements (loans and grants) in 2011. But, this share was down from 55 percent in 2010, reflecting a 14 percent fall in IDA loan disbursements to the region in 2011. In contrast, South Asia, the second most important destination for IDA resources, saw IDA disbursements jump 56 percent to $3.5 billion in 2011, largely as a consequence of a rapid increase in disbursements to India to $1.7 billion from $1.1 billion in 2010, and Pakistan, where they rose to $0.9 billion, more than double their 2010 level. IDA disbursements to countries in East Asia and the Pacific region were up by a more moderate 9 percent in 2011, due primarily to an increase in disbursements to Vietnam, currently the only major IDA recipient in the region. The share of IDA resources going to the three remaining regions, Europe and Central Asia, Latin America and the Caribbean and the Middle East and North Africa, remained moderate: together they received only 8 percent of total IDA disbursements in 2011, and each of these regions saw IDA disbursements fall in 2011 from 2010 (figure B3). Figure B3. IDA Disbursements (Loans and Grants): Regional Distribution, 2009â&#x20AC;&#x201C;2011 $ millions 6,000 5,000 4,000 3,000

Figure B4. Top 10 Recipients of IDA Disbursements (Loans and Grants), 2011 $ millions India Vietnam Pakistan Ethiopia Nigeria Ghana Congo, Dem. Rep. Bangladesh Rwanda Kenya 0

500

1,000

1,500

2,000

Source: World Bank Debtor Reporting System.

IDA resources are allocated to individual countries using a 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. Disbursements in 2011 remained concentrated: the top five recipient countries received 46 percent and the top ten 63 percent of total IDA (loans and grant) disbursements (figure B4). The outstanding IDA loan portfolio ($122 billion at end 2011) is also heavily concentrated, with five countries in East Asia and South Asia accounting for a little over half of the total (52 percent): in order of importance, India, Pakistan, Bangladesh, Vietnam and China. This is in part a consequence of the fact that 32 countries, primarily in Sub-Saharan Africa, had reached the HIPC Completion Point by end 2011 and benefited from debt relief from IDA under the HIPC and MDRI. African countries with the largest share of the outstanding IDA portfolio at end 2011 were Nigeria ($4.2 billion), Tanzania ($3.5 billion) and Kenya ($3.4 billion).

2,000 1,000

Su b-

h Af ara ric n So a ut h As ia Ea st A th si e a Pa an c d Eu ific C ro en p tra e La l A and tin si a th Am e er C ic ar a ib an be d an an d Mi N dd or le th E Af as ric t a

2009

2010

2011

Source: World Bank Debtor Reporting System.

Note

1. 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, 2009–2011

Country

Total external debt, 2011 ($ millions)

Present value of debt, 2011 ($ millions)

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

2,623 5,938 6,072 21,115 114,704 7,383 8,427 27,043 29,120 1,278 1,423 1,035 6,474 10,729 2,396 404,317 39,930 2,420 628 4,336 3,074 1,025 573 1,821 96,245 685,418 76,918 278 5,448 2,523 10,291 12,012 767 284 15,395 16,497 35,001 11,995 1,055 8,597 861 2,879 466 11,124 11,289 567

737 4,598 3,737 17,705 104,191 5,767 10,995 17,349 26,902 977 960 811 3,567 8,607 1,553 360,891 36,476 1,736 306 2,894 1,638 555 221 2,219 86,534 650,933 66,967 189 4,530 1,830 9,128 12,374 491 213 12,490 13,553 27,719 10,272 600 4,445 691 2,398 242 9,652 8,050 625

Ratio of total external debt to exports (%)

Ratio of present value of debt to exports (%)

Ratio of total external debt to GNI (%)

84 158 9 39 135 258 28 123 86 152 95 157 89 152 74 165 134 231 346 64 51 151 251 46 110 39 153 322 67 25 95 96 173 166 123 82 74 241 565 185 52 35 155 234 106 310

24 123 6 33 122 201 37 79 79 116 64 123 49 122 48 147 123 166 169 43 27 82 97 56 99 37 133 219 56 18 84 98 110 125 100 67 58 207 321 96 41 29 81 203 76 342

17 49 4 27 32 76 17 25 56 101 21 75 33 61 16 20 83 27 30 40 13 62 28 24 48 11 28 50 44 28 30 54 63 61 31 29 17 57 49 28 27 24 46 92 35 77

Ratio of present value of debt to GNI (%)

5 38 2 23 29 59 22 16 52 77 14 59 18 49 11 18 76 19 15 26 7 33 11 29 43 11 24 34 37 20 26 55 40 46 25 23 13 49 28 14 22 20 24 80 25 85

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Summary Table 1. Key indebtedness indicators, 2009â&#x20AC;&#x201C;2011 (continued)

Country

Total external debt, 2011 ($ millions)

Present value of debt, 2011 ($ millions)

Guatemala Guinea Guinea-Bissau Guyana Haiti Honduras India 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

16,286 3,139 284 1,846 783 4,642 334,331 213,541 19,113 14,350 17,634 124,437 10,258 1,531 5,486 6,158 38,255 24,767 792 448 29,988 6,286 2,769 1,202 94,468 983 2,931 2,709 1,435 287,037 5,452 2,564 2,093 29,049 4,097 7,765 3,956 7,121 1,408 13,108 60,182 12,583 12,461 6,011 44,872

12,806 1,932 132 871 479 2,150 283,499 180,033 15,522 13,363 16,195 104,551 7,052 703 4,020 4,393 35,601 23,272 452 122 27,691 5,667 1,771 751 84,722 802 1,793 2,479 961 203,924 4,644 1,852 2,053 23,443 2,240 3,307 2,462 2,334 1,630 7,767 43,560 10,883 9,802 5,254 39,774

Ratio of total external debt to exports (%)

Ratio of present value of debt to exports (%)

Ratio of total external debt to GNI (%)

Ratio of present value of debt to GNI (%)

144 223 163 162 82 90 93 125 .. 330 134 175 114 110 191 255 265 103 53 83 114 157 148 86 39 73 118 115 16 91 188 69 118 102 127 .. 209 199 113 17 215 58 205 59 110

113 137 76 76 50 42 79 105 .. 308 123 147 79 51 140 182 247 97 30 23 105 142 95 54 35 59 72 105 11 65 160 49 115 82 69 .. 130 65 131 10 156 50 162 52 97

40 74 32 82 11 31 21 32 5 108 67 95 32 26 107 92 142 66 30 52 78 67 31 24 41 51 32 78 14 28 83 43 49 32 39 .. 25 111 26 7 32 49 127 33 30

31 45 15 39 7 14 18 27 4 101 61 80 22 12 78 66 132 62 17 14 72 60 20 15 37 41 19 71 10 20 71 31 48 26 21 .. 15 36 30 4 23 43 100 29 27

S U M M A R Y

Summary Table 1. Key indebtedness indicators, 2009–2011 (continued)

Country

Total external debt, 2011 ($ millions)

Present value of debt, 2011 ($ millions)

Philippines Romania Russian Federation Rwanda Samoa São Tomé and Príncipe Senegal Serbia Seychelles Sierra Leone Solomon Islands Somalia South Africa Sri Lanka 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, RB Vietnam Yemen, Rep. Zambia Zimbabwe

76,043 129,822 542,977 1,103 368 231 4,320 31,569 1,779 1,049 256 3,050 113,512 23,984 448 283 21,169 605 4,968 3,323 10,044 80,039 643 191 22,335 307,007 445 3,858 134,481 14,350 8,382 202 67,908 57,841 6,418 4,360 6,275

64,619 109,985 490,820 790 207 80 3,344 27,316 1,636 369 181 3,469 60,121 18,512 336 194 23,857 510 4,147 2,393 6,062 74,934 507 121 19,215 281,762 300 1,930 120,461 10,687 6,043 67 49,532 35,961 3,691 1,637 5,158

Ratio of total external debt to exports (%)

Ratio of present value of debt to exports (%)

Ratio of total external debt to GNI (%)

Ratio of present value of debt to GNI (%)

135 227 111 170 188 885 131 220 170 232 57 .. 110 208 75 141 193 28 24 261 155 35 51 326 99 186 4 106 187 129 64 56 89 69 73 61 187

115 192 100 122 106 306 101 190 157 82 40 .. 58 160 56 97 218 23 20 188 93 32 40 207 85 170 2 53 167 96 47 18 65 43 42 23 153

38 77 37 19 64 106 33 78 201 53 45 .. 33 48 39 43 37 18 9 59 45 27 20 51 53 44 2 24 98 38 21 30 20 56 23 30 83

33 66 34 14 36 37 25 68 185 19 32 .. 17 37 30 29 42 15 7 42 27 25 15 32 45 40 2 12 88 28 15 10 14 35 13 11 68

Source: World Bank data. Note: GNI = gross national income; .. = not available. For definition of indicators, see “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 HIPC Initiative as well as relief under the Multilateral Debt Relief Initiative (MDRI). Under MDRI IDA, IMF and the African Development Fund provide debt stock cancellation to post-completion point HIPC countries on debt owed to the three institutions. The Interamerican 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 HIPC is included for countries in the interim period (between decision and completion point of the HIPC Initiative).

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Summary Table 2. Composition of total external debt stocks for 2011 US$ millions

Country

Total external debt stocks

Total long-term external debt

Public and publicly guaranteed, multilateral

Public and publicly guaranteed, bilateral

Public and publicly guaranteed, bonds

2,023 4,930 3,091 17,518 94,935 5,551 7,272 22,350 11,624 1,236 1,190 1,021 5,587 8,655 1,897 357,738 26,085 2,056 387 3,815 2,562 1,004 297 1,710 77,826 197,776 64,968 246 3,940 2,157 7,629 10,108 642 229 11,671 15,309 30,596 10,521 1,014 7,938 545 2,464 385 8,369 7,402 487 13,712

1,073 1,661 8 454 17,931 1,647 2,152 18,690 403 263 990 385 2,597 2,552 1,795 25,175 2,362 1,741 319 1,587 861 610 35 1,491 732 34,638 16,072 199 2,411 161 1,794 2,335 429 122 3,350 5,197 9,559 3,681 666 3,405 125 440 266 2,026 3,275 186 4,377

950 625 1,602 9,205 5,819 1,086 1,213 3,594 5,739 147 200 636 729 900 101 11,342 779 301 67 2,228 1,217 321 235 190 201 32,202 508 47 1,512 979 402 7,334 196 61 3,767 3,741 17,750 620 311 2,273 170 552 115 680 1,860 87 352

0 388 0 10 43,485 0 0 0 2,576 21 0 0 0 241 0 46,474 991 0 0 0 0 0 0 0 11,346 11,545 19,880 0 0 0 1,435 0 0 41 2,412 868 2,750 2,217 0 0 250 879 0 815 750 210 630

S U M M A R Y

Public and publicly guaranteed, commercial banks and other

Private nonguaranteed, bonds

Private nonguaranteed, commercial banks and other

IBRD (memo)

IDA (memo)

Use of IMF credit

0 524 603 7,848 1,050 4 1,290 66 434 587 0 0 89 182 1 11,987 6 15 0 0 23 73 27 29 4,075 13,279 2,580 0 16 1,017 294 131 17 5 1,229 123 521 20 37 2,259 0 593 4 823 1,517 4 0

0 0 0 0 9,129 0 0 0 19 0 0 0 0 0 0 79,363 0 0 0 0 0 0 0 0 14,028 30,025 6,049 0 0 0 0 0 0 0 843 0 0 0 0 0 0 0 0 0 0 0 155

0 1,732 878 0 17,522 2,815 2,616 0 2,453 218 0 0 2,173 4,781 0 183,399 21,947 0 0 0 461 0 0 0 47,444 76,087 19,879 0 0 0 3,704 308 0 0 71 5,380 16 3,983 0 0 0 0 0 4,026 0 0 8,199

0 51 8 0 5,555 151 469 0 318 10 0 0 0 458 59 9,034 1,244 0 0 0 19 0 0 0 131 13,021 7,583 0 0 0 587 0 0 0 851 367 2,794 1,014 0 0 0 35 0 276 0 12 1,392

413 859 0 384 0 1,187 806 10,712 0 0 402 138 395 1,193 4 0 0 837 170 575 412 300 19 845 0 7,489 0 112 887 86 0 1,713 153 27 7 8 1,282 7 478 2,208 0 0 64 1,219 2,267 45 0

373 117 1,840 1,606 3,101 963 265 1,271 4,050 35 177 9 252 766 88 4,432 938 233 241 129 442 20 172 91 1,254 10,731 1,134 28 1,258 155 240 1,090 40 27 1,623 443 1,379 251 23 484 103 225 80 1,210 1,101 46 308

Short-term debt

228 890 1,142 1,992 16,668 869 891 3,422 13,445 8 55 5 635 1,308 411 42,146 12,907 131 0 392 70 2 104 19 17,164 476,911 10,816 5 250 211 2,422 814 86 27 2,101 745 3,025 1,223 18 175 212 190 1 1,545 2,785 34 2,265

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Summary Table 2. Composition of total external debt stocks for 2011 (continued) US$ millions

Country

Guinea Guinea-Bissau Guyana Haiti Honduras India 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

Total external debt stocks

Total long-term external debt

Public and publicly guaranteed, multilateral

Public and publicly guaranteed, bilateral

Public and publicly guaranteed, bonds

3,139 284 1,846 783 4,642 334,331 213,541 19,113 14,350 17,634 124,437 10,258 1,531 5,486 6,158 38,255 24,767 792 448 29,988 6,286 2,769 1,202 94,468 983 2,931 2,709 1,435 287,037 5,452 2,564 2,093 29,049 4,097 7,765 3,956 7,121 1,408 13,108 60,182 12,583 12,461 6,011 44,872 76,043 129,822 542,977

2,849 219 1,054 635 4,160 250,171 172,327 4,859 12,109 7,496 114,977 7,566 961 4,986 6,014 24,551 21,101 712 187 24,540 4,080 2,066 926 48,697 726 2,508 2,380 1,277 231,325 2,899 2,057 1,599 25,157 3,617 6,253 3,661 6,009 1,100 6,396 47,685 12,281 12,268 3,972 37,751 67,744 82,331 464,333

1,915 115 552 77 2,333 48,841 22,842 758 2,521 2,398 3,627 4,468 299 1,343 1,959 5,209 1,233 638 59 1,597 1,159 1,606 633 207 301 2,001 1,466 586 23,513 615 1,113 674 11,297 2,306 1,401 3,153 1,852 876 4,799 25,427 2,028 705 1,511 7,977 9,055 15,985 2,426

917 104 482 558 766 26,870 43,639 878 702 2,895 1,048 2,778 0 1,275 930 10 856 62 128 0 233 440 288 3,056 274 503 913 514 4,886 221 701 311 7,284 1,081 4,409 505 991 224 535 17,927 371 338 557 2,743 14,520 903 2,775

0 0 0 0 50 16,517 29,288 0 4,027 895 0 0 0 0 0 1,535 17,966 0 0 10,566 421 0 0 19,244 0 0 0 0 122,879 0 0 259 1,294 0 0 0 0 0 500 1,550 8,272 0 0 9,299 20,930 4,852 31,280

S U M M A R Y

Public and publicly guaranteed, commercial banks and other

Private nonguaranteed, bonds

Private nonguaranteed, commercial banks and other

IBRD (memo)

IDA (memo)

Use of IMF credit

18 0 21 0 31 15,630 6,783 3,223 516 160 0 320 11 0 0 321 547 12 0 750 295 7 5 4,649 110 4 0 66 20,547 21 12 301 2,449 230 443 2 3 0 63 218 219 26 240 123 1,232 3,130 155,739

0 0 0 0 0 10,861 14,268 0 4,290 0 17,995 0 0 0 0 0 500 0 0 793 0 0 0 5,509 0 0 0 0 36,223 0 0 0 0 0 0 0 0 0 500 250 1,261 0 100 9,003 1,579 83 13,413

0 0 0 0 980 131,453 55,507 0 53 1,147 92,306 0 651 2,368 3,125 17,476 0 0 0 10,834 1,972 12 0 16,032 42 0 0 111 23,278 2,042 231 54 2,833 0 0 0 3,163 0 0 2,313 130 11,199 1,564 8,605 20,427 57,379 258,700

0 0 0 0 0 11,524 9,717 739 669 927 2,308 0 293 0 0 529 301 1 0 17 334 0 0 0 0 0 0 242 13,590 75 0 223 2,866 0 0 0 0 0 7 1,610 399 127 245 2,733 3,278 3,528 2,067

1,166 57 10 0 732 26,605 2,277 0 0 29 0 3,388 7 660 639 0 0 322 14 0 357 1,198 274 0 103 981 345 7 0 434 447 83 12 1,577 787 1,426 474 355 4,201 10,772 0 99 12 0 163 0 0

199 32 182 148 215 6,108 3,041 2,209 1,234 257 528 1,100 114 312 83 1,693 355 80 248 211 403 273 247 2,067 28 230 178 149 4,377 655 268 40 862 355 381 214 373 153 2,572 9,962 302 193 146 936 1,287 17,738 8,708

Short-term debt

91 33 609 0 268 78,052 38,173 12,045 1,008 9,881 8,933 1,593 456 188 62 12,011 3,311 0 12 5,238 1,803 430 30 43,704 229 193 151 9 51,335 1,899 239 455 3,030 125 1,132 81 739 156 4,139 2,535 0 0 1,893 6,185 7,013 29,752 69,936

(table continues next page)

T A B L E S

I N T E R N A T I O N A L

D E B T

S T A T I S T I C S

2 0 1 3

Summary Table 2. Composition of total external debt stocks for 2011 (continued) US$ millions

Country

Rwanda Samoa São Tomé and Príncipe Senegal Serbia Seychelles Sierra Leone Solomon Islands Somalia South Africa Sri Lanka 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, RB Vietnam Yemen, Rep. Zambia Zimbabwe All developing countries Region or Group East Asia and the Pacific Europe and Central Asia Latin America and the Caribbean Middle East and North Africa South Asia Sub-Saharan Africa Low-income countries Middle-income countries

Total external debt stocks

Total long-term external debt

Public and publicly guaranteed, multilateral

Public and publicly guaranteed, bilateral

Public and publicly guaranteed, bonds

1,103 368 231 4,320 31,569 1,779 1,049 256 3,050 113,512 23,984 448 283 21,169 605 4,968 3,323 10,044 80,039 643 191 22,335 307,007 445 3,858 134,481 14,350 8,382 202 67,908 57,841 6,418 4,360 6,275 4,876,042

971 342 189 3,873 27,624 459 740 210 1,992 91,909 19,746 310 260 15,123 344 3,998 2,948 7,686 33,562 380 180 16,949 218,686 299 2,958 85,543 13,349 7,613 99 47,324 47,381 5,876 2,897 4,554 3,469,415

820 224 42 2,238 5,266 75 414 100 800 1,449 6,331 238 207 3,489 214 1,630 973 4,764 209 223 68 7,629 21,111 11 2,705 3,696 3,567 1,281 67 5,574 14,374 3,248 966 1,588 505,274

151 119 148 870 3,317 135 118 18 1,155 0 8,459 21 15 7,862 111 2,367 996 1,266 6,656 157 112 3,683 6,817 254 253 1,324 93 2,187 31 1,145 16,657 2,626 389 1,633 348,492

0 0 0 500 1,000 169 0 0 0 38,548 3,000 8 0 0 0 0 0 0 1,954 0 0 3,063 46,968 0 0 11,873 8,347 0 0 35,769 2,001 0 0 0 605,036

1,242,512 1,484,186 1,233,484 166,124 454,138 295,598 133,292 4,742,750

599,271 1,140,456 1,032,388 119,765 347,385 230,149 108,530 3,360,885

88,675 78,076 133,426 38,189 104,202 62,706 66,578 438,696

125,785 32,694 41,104 40,138 59,216 49,555 31,876 316,615

85,213 113,764 317,669 25,968 21,067 41,356 0 605,036

Source: World Bank data. Note: IBRD = International Bank for Reconstruction and Development; IDA = International Development Association; IMF = International Monetary Fund.

S U M M A R Y

Public and publicly guaranteed, commercial banks and other

Private nonguaranteed, bonds

Private nonguaranteed, commercial banks and other

IBRD (memo)

IDA (memo)

0 0 0 0 1,601 80 208 0 36 6,672 943 44 38 3,773 18 0 0 408 1,466 0 0 582 19,523 0 0 1,072 98 227 0 1,777 3,566 2 25 430 314,445

0 0 0 0 165 0 0 0 0 6,604 0 0 0 0 0 0 0 0 5,090 0 0 0 4,003 0 0 5,589 294 0 0 3,060 0 0 0 0 281,045

0 0 0 265 16,274 0 0 92 0 38,636 1,013 0 0 0 0 0 979 1,248 18,187 0 0 1,991 120,264 34 0 61,988 951 3,918 0 0 10,782 0 1,517 904 1,415,123

0 0 0 0 1,859 17 0 0 0 583 0 18 7 0 1 0 0 0 67 0 0 1,775 12,215 10 0 3,189 1,128 232 0 0 794 0 0 463 126,144

31,457 186,253 45,698 8,104 16,968 25,965 4,565 309,880

56,472 42,061 163,797 500 11,111 7,104 0 281,045

211,670 687,609 330,695 6,865 134,821 43,463 5,511 1,409,613

27,005 29,844 45,325 9,409 13,134 1,427 463 125,681

Use of IMF credit

Short-term debt

392 100 14 1,181 702 0 188 40 442 0 2,652 64 22 1,287 2 14 374 3,490 0 0 23 16 36 0 1,844 0 0 149 11 0 7,951 2,135 492 511 121,849

132 26 16 447 2,783 49 274 34 243 2,741 2,325 41 23 651 74 429 246 643 1,490 254 10 419 4,521 107 273 16,212 450 403 25 3,905 496 410 1,137 527 158,104

0 0 26 0 1,162 1,272 35 11 815 18,862 1,913 97 0 5,394 187 542 129 1,715 44,988 9 0 4,967 83,800 39 627 32,727 550 366 78 16,679 9,964 131 326 1,194 1,248,523

20,602 8,066 1,802 3,641 52,821 34,917 37,192 84,657

20,362 62,982 25,480 8,199 20,289 20,792 11,222 146,882

622,879 280,748 175,615 38,160 86,465 44,657 13,540 1,234,983

T A B L E S

Regional and Income Group Aggregate Tables

ALL DEVELOPING COUNTRIES (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

2,137,041 1,764,272 1,273,376 490,896 79,370 293,399 31,860

2,577,202 1,993,182 1,308,484 684,698 72,350 511,670 28,702

2,801,513 2,150,133 1,294,266 855,867 44,285 607,095 26,359

3,421,962 2,570,169 1,395,247 1,174,922 41,212 810,580 27,998

3,677,974 2,834,073 1,443,391 1,390,683 50,737 793,164 27,824

3,922,617 2,964,483 1,579,562 1,384,922 148,269 809,865 26,794

4,412,233 3,191,784 1,673,941 1,517,843 158,136 1,062,313 21,731

4,876,042 3,469,415 1,773,246 1,696,168 158,104 1,248,523 18,705

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

60,787 1,267,486 496,786 145,902

46,564 1,303,874 689,308 172,901

45,241 1,289,936 860,196 150,660

46,788 1,390,360 1,179,809 195,941

48,254 1,437,712 1,396,361 186,417

50,176 1,567,921 1,396,562 266,987

40,301 1,661,459 1,530,325 296,298

41,383 1,760,988 1,708,427 276,659

External debt flows Disbursements Long-term external debt IMF purchases

238,534 228,420 10,114

381,847 377,886 3,961

483,747 479,634 4,113

652,323 650,309 2,013

646,935 632,328 14,607

540,161 511,544 28,618

673,848 656,978 16,871

722,213 717,886 4,327

Principal repayments Long-term external debt IMF repurchases

223,449 202,846 20,603

328,109 283,987 44,122

381,522 350,703 30,819

365,851 358,696 7,155

400,535 396,736 3,800

398,305 396,461 1,844

423,127 420,104 3,022

446,914 443,110 3,804

Net flows Long-term external debt Short-term external debt

9,261 25,573 -5,824

138,842 93,899 85,104

199,994 128,931 97,911

487,772 291,613 201,446

229,158 235,592 -17,147

159,579 115,083 17,829

508,233 236,873 257,551

464,535 274,777 189,314

Interest payments Long-term external debt IMF charges Short-term external debt

114,029 94,082 3,794 16,155

104,309 83,319 3,995 16,997

117,475 92,578 2,603 22,294

137,435 108,004 1,571 27,860

138,677 116,760 1,188 20,729

122,157 107,741 790 13,626

152,785 110,441 1,285 41,059

173,823 127,435 1,460 44,928

148,508 13,948

306,605 67,691

397,973 107,697

559,423 132,904

636,934 -53,628

427,874 114,185

582,682 120,191

644,397 -2,238

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 (%) .. 12.1 1.0 0.5 61.7

14.1 9.9 1.1 0.5 64.5

14.3 9.6 0.7 0.6 65.3

14.8 8.8 0.6 0.6 65.2

13.6 10.4 0.4 0.5 65.7

14.0 9.5 0.4 0.5 66.0

12.6 10.1 0.4 0.4 65.8

11.7 9.8 0.4 0.4 66.6

4.8 20.2 5.1

3.5 22.1 5.6

3.9 23.1 6.3

3.6 23.3 6.5

2.8 23.5 6.6

1.9 21.2 6.3

1.9 23.3 6.9

2.1 23.1 5.5

8.1 11.4 8.5

5.9 13.6 8.1

6.0 12.9 9.2

5.9 13.9 8.2

5.6 13.4 7.4

5.5 14.4 7.1

4.4 16.9 8.1

5.0 19.0 9.3

5,646,316 1,656,504 77,725 1,708,052 67,968 612,253

9,418,325 3,189,460 180,035 3,152,969 197,295 1,920,527

11,198,577 3,900,659 213,597 3,750,396 256,822 2,545,594

13,909,664 4,757,351 259,696 4,627,232 328,379 3,613,411

16,663,412 5,759,561 301,037 5,686,376 380,855 4,062,266

16,242,777 4,616,276 284,982 4,670,279 338,888 4,694,354

19,472,131 5,781,029 315,650 5,939,059 459,429 5,396,364

22,710,300 7,039,363 355,036 7,263,877 485,613 5,888,373

129.0 37.8 20.4 13.7 15.3 28.6 4.3

80.8 27.4 13.6 19.9 14.5 74.5 7.3

71.8 25.0 12.9 21.7 12.4 90.9 8.1

71.9 24.6 10.6 23.7 10.9 105.6 9.4

63.9 22.1 9.4 21.6 10.8 110.4 8.6

85.0 24.1 11.3 20.6 11.3 119.7 12.1

76.3 22.7 10.0 24.1 11.0 122.3 10.9

69.3 21.5 8.8 25.6 10.4 120.8 9.7

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 & prim. income Personal transfers & comp. of employees Imports of goods, services & prim. income Primary income 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)

ALL DEVELOPING COUNTRIES (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

1,764,272 1,273,376 752,140 327,379 108,318 86,794 424,761 521,236 325,985 126,993 490,896 89,492

1,993,182 1,308,484 715,475 373,378 96,357 121,076 342,096 593,009 406,087 125,892 684,698 136,425

2,150,133 1,294,266 637,243 348,553 92,373 99,004 288,691 657,023 418,847 165,941 855,867 169,586

2,570,169 1,395,247 668,713 374,431 93,638 107,673 294,281 726,535 456,959 194,241 1,174,922 209,347

2,834,073 1,443,391 711,600 395,711 96,683 111,268 315,889 731,791 459,020 187,223 1,390,683 177,106

2,964,483 1,579,562 776,618 444,834 108,683 116,966 331,784 802,943 484,281 197,652 1,384,922 199,588

3,191,784 1,673,941 826,131 486,301 124,819 118,601 339,829 847,810 543,900 198,753 1,517,843 255,395

3,469,415 1,773,246 853,765 505,274 126,144 121,849 348,492 919,481 605,036 194,888 1,696,168 281,045

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

228,420 137,257 52,422 34,313 12,968 5,219 18,109 84,835 55,640 18,102 91,163 10,810

377,886 155,250 46,048 34,187 9,179 7,207 11,861 109,202 64,447 31,820 222,635 40,581

479,634 166,065 54,756 40,074 11,932 6,771 14,682 111,310 60,279 37,411 313,569 50,403

650,309 195,746 60,143 43,793 10,496 7,358 16,350 135,602 74,358 47,917 454,564 63,302

632,328 174,175 69,429 47,821 13,605 6,864 21,607 104,746 63,995 29,714 458,154 12,902

511,544 222,635 100,878 72,653 22,701 8,712 28,225 121,757 70,846 24,881 288,908 39,207

656,978 285,335 108,517 72,451 26,246 7,688 36,066 176,818 103,490 47,747 371,643 78,669

717,886 244,244 89,118 58,237 17,320 8,434 30,880 155,127 96,441 35,141 473,642 91,448

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

202,846 104,629 47,653 22,719 9,418 948 24,934 56,976 22,293 23,264 98,217 15,032

283,987 146,045 70,147 26,646 12,129 1,621 43,502 75,897 44,640 22,411 137,942 15,063

350,703 190,514 96,931 36,423 17,186 1,779 60,508 93,583 59,137 24,994 160,189 17,980

358,696 138,143 53,379 26,455 10,864 1,836 26,924 84,764 50,220 24,706 220,554 20,499

396,736 148,322 49,814 26,961 10,945 2,296 22,853 98,508 54,530 34,211 248,413 30,970

396,461 127,661 46,654 25,533 10,858 2,252 21,121 81,007 31,859 34,823 268,800 17,153

420,104 140,519 49,158 25,884 9,160 2,342 23,274 91,360 34,577 41,852 279,586 17,925

443,110 143,399 59,673 34,630 15,244 3,908 25,042 83,727 36,917 36,551 299,710 27,165

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

94,082 63,419 25,959 15,219 7,456 577 10,740 37,460 25,105 8,677 30,663 7,776

83,319 60,624 23,885 10,542 4,019 897 13,343 36,739 30,308 4,880 22,695 7,994

92,578 56,056 19,685 11,643 4,781 811 8,042 36,370 28,841 5,988 36,523 12,488

108,004 61,079 20,195 12,865 5,434 758 7,330 40,884 31,707 6,393 46,925 13,461

116,760 59,327 19,002 12,311 4,575 908 6,691 40,325 30,675 6,467 57,433 11,346

107,741 54,989 16,949 10,532 3,431 798 6,417 38,040 29,165 5,874 52,752 11,788

110,441 56,160 16,572 8,911 2,263 825 7,661 39,588 31,482 4,153 54,280 14,099

127,435 59,981 17,120 9,585 2,320 939 7,535 42,861 36,460 4,418 67,453 19,524

Non-debt flows (bill US$)

750

500

100

250

0 2003

2004

2005

2006

Foreign direct investment

2007

2008

Debt ratios (%)

150

2009

2010

2011

Portfolio equity flows

2003

2004

2005

2006

Debt to exports

2007

2008

2009

2010

Reserves to debt

2011

EAST ASIA AND PACIFIC (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

497,305 418,094 270,939 147,155 17,781 61,429 5,336

621,319 412,488 263,994 148,495 10,005 198,826 1,090

657,773 431,991 265,324 166,667 1,776 224,006 994

738,184 459,293 269,371 189,922 1,832 277,059 1,125

767,615 502,056 288,523 213,532 1,734 263,826 1,155

873,229 523,511 309,747 213,764 20,823 328,895 1,226

1,069,442 571,059 321,613 249,446 20,464 477,919 1,347

1,242,512 599,271 331,129 268,142 20,362 622,879 1,366

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

7,461 270,588 147,507 26,968

5,929 263,473 149,016 25,060

4,680 264,828 167,163 21,900

3,979 268,938 190,355 22,139

4,071 288,096 213,960 29,580

4,371 304,832 218,678 42,950

4,903 316,693 254,366 42,303

5,014 326,706 272,565 48,693

External debt flows Disbursements Long-term external debt IMF purchases

43,658 42,165 1,493

74,966 74,966 0

77,636 77,636 0

92,536 92,536 0

88,593 88,593 0

88,724 88,550 174

125,641 125,608 33

115,489 115,479 10

Principal repayments Long-term external debt IMF repurchases

47,273 47,006 267

68,930 67,333 1,597

71,475 62,996 8,479

75,666 75,632 35

72,148 72,099 49

82,498 82,448 50

87,527 87,479 48

93,572 93,530 42

Net flows Long-term external debt Short-term external debt

-14,461 -4,840 -10,846

42,923 7,633 36,887

31,438 14,641 25,277

69,790 16,904 52,921

3,182 16,494 -13,263

71,225 6,102 64,999

187,017 38,128 148,903

166,858 21,949 144,940

Interest payments Long-term external debt IMF charges Short-term external debt

25,279 20,429 851 3,999

17,881 12,843 380 4,657

22,031 14,243 371 7,417

25,562 17,487 58 8,017

22,960 16,878 14 6,068

18,773 14,320 49 4,404

47,429 18,241 67 29,121

53,255 21,104 25 32,126

45,165 6,589

129,086 25,907

153,024 56,193

196,378 35,063

211,229 -7,583

154,479 30,185

290,011 39,715

274,934 7,550

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 (%) .. 28.3 0.4 0.2 55.9

8.3 26.2 0.7 0.3 56.5

8.8 24.8 0.6 0.2 56.7

9.0 23.6 0.6 0.2 57.4

7.4 26.2 0.3 0.2 57.6

6.6 23.4 0.3 0.1 60.6

6.0 24.9 0.3 0.1 61.1

5.4 24.0 0.3 0.1 62.7

3.9 26.8 6.3

3.1 24.9 6.7

4.2 25.8 6.6

3.4 25.1 7.3

2.3 25.0 7.1

1.5 24.8 6.4

1.3 25.2 7.4

2.1 27.4 7.8

6.6 13.0 5.0

5.6 11.1 8.3

6.6 15.2 11.0

5.4 15.3 11.0

5.2 13.4 8.8

6.7 11.1 8.6

5.8 13.7 7.3

10.0 20.7 14.6

1,680,587 635,985 15,799 606,303 31,677 275,532

3,014,364 1,295,115 34,150 1,193,328 73,709 1,003,800

3,643,840 1,597,921 39,590 1,373,332 76,804 1,295,785

4,624,185 2,000,594 50,357 1,655,976 93,408 1,834,401

5,859,378 2,363,733 59,140 1,984,278 106,305 2,265,585

6,311,912 2,014,592 60,362 1,766,495 134,488 2,779,443

7,535,391 2,605,406 75,795 2,390,289 199,516 3,315,596

9,207,922 3,116,313 85,453 2,925,895 189,443 3,708,780

78.2 29.6 11.4 12.4 13.2 55.4 5.5

48.0 20.6 6.7 32.0 10.4 161.6 10.1

41.2 18.1 5.9 34.1 10.1 197.0 11.3

36.9 16.0 5.1 37.5 9.4 248.5 13.3

32.5 13.1 4.0 34.4 9.6 295.1 13.7

43.3 13.8 5.0 37.7 9.3 318.3 18.9

41.0 14.2 5.2 44.7 8.1 310.0 16.6

39.9 13.5 4.7 50.1 7.1 298.5 15.2

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 & prim. income Personal transfers & comp. of employees Imports of goods, services & prim. income Primary income on FDI International reserves

6. Ratios

EAST ASIA AND PACIFIC (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

418,094 270,939 171,436 65,756 30,476 12,520 105,680 99,504 35,808 33,257 147,155 22,077

412,488 263,994 172,448 64,368 23,331 16,498 108,080 91,546 55,423 17,675 148,495 26,415

431,991 265,324 172,509 66,424 22,550 17,683 106,085 92,814 61,543 14,755 166,667 27,416

459,293 269,371 177,119 69,643 21,693 19,086 107,475 92,252 65,063 13,254 189,922 25,091

502,056 288,523 193,736 73,663 22,275 19,683 120,073 94,788 66,581 15,336 213,532 23,625

523,511 309,747 202,978 80,930 23,383 20,921 122,047 106,769 73,965 17,240 213,764 24,799

571,059 321,613 209,847 86,311 25,494 21,234 123,536 111,765 78,002 19,557 249,446 36,876

599,271 331,129 214,459 88,675 27,005 20,602 125,785 116,670 85,213 17,471 268,142 56,472

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

42,165 28,719 15,620 6,943 3,245 700 8,677 13,099 4,539 2,535 13,446 1,106

74,966 25,254 9,059 5,145 1,825 627 3,914 16,195 11,523 3,034 49,711 4,981

77,636 26,395 11,708 5,930 2,012 754 5,778 14,687 9,581 1,912 51,241 3,444

92,536 20,911 11,827 6,718 2,347 1,058 5,109 9,084 5,110 1,588 71,625 1,701

88,593 22,700 13,040 7,820 3,200 1,152 5,220 9,660 5,180 2,946 65,893 368

88,550 38,810 16,708 10,064 3,710 1,550 6,643 22,102 13,903 4,034 49,740 2,733

125,608 42,425 16,839 8,626 4,503 1,068 8,214 25,586 12,914 6,634 83,183 15,328

115,479 36,821 17,067 8,474 3,646 1,180 8,593 19,753 13,085 2,097 78,659 15,353

47,006 22,798 10,243 4,062 2,006 107 6,181 12,555 1,211 7,160 24,208 5,168

67,333 24,500 10,767 4,609 2,798 286 6,158 13,733 4,318 5,471 42,833 2,115

62,996 25,131 12,510 4,676 2,891 324 7,834 12,621 5,432 2,684 37,865 3,022

75,632 22,490 15,093 4,969 3,336 368 10,124 7,398 2,103 2,613 53,141 2,719

72,099 21,722 13,384 4,781 2,775 413 8,603 8,338 2,808 1,687 50,377 1,533

82,448 24,852 12,892 4,606 2,583 450 8,286 11,960 5,342 2,485 57,596 2,929

87,479 27,154 13,838 4,716 2,422 478 9,123 13,316 5,482 2,901 60,326 1,947

93,530 30,650 15,605 6,222 2,154 1,769 9,383 15,045 6,125 4,119 62,880 3,429

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

20,429 12,889 7,237 3,833 2,146 87 3,404 5,652 2,286 1,921 7,539 1,942

12,843 8,632 4,043 2,018 1,028 133 2,025 4,589 3,217 845 4,211 1,293

14,243 9,262 4,470 2,245 1,168 131 2,226 4,791 3,657 609 4,982 1,486

17,487 10,614 5,113 2,492 1,298 134 2,622 5,500 3,977 723 6,873 1,495

16,878 10,142 4,676 2,283 1,085 146 2,393 5,467 4,130 506 6,735 1,239

14,320 9,437 4,005 1,732 734 139 2,273 5,432 4,454 433 4,883 1,154

18,241 10,558 4,639 1,412 524 146 3,227 5,919 4,995 463 7,683 1,308

21,104 11,369 4,565 1,495 482 165 3,070 6,804 5,797 479 9,735 3,863

Non-debt flows (bill US$)

300

Debt ratios (%)

400 350

250

300 200

250 200

150

100

100 50

50 0

0 2003

2004

2005

2006

Foreign direct investment

2007

2008

2009

2010

2011

Portfolio equity flows

2003

2004

2005

2006

Debt to exports

2007

2008

2009

2010

Reserves to debt

2011

EUROPE AND CENTRAL ASIA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

359,937 265,670 197,475 68,196 34,759 59,508 8,508

630,960 478,274 216,337 261,937 33,055 119,631 4,098

819,124 629,826 262,849 366,977 28,082 161,216 1,538

1,169,597 882,253 305,909 576,344 24,300 263,043 1,586

1,309,304 1,032,465 311,028 721,438 30,510 246,329 1,772

1,330,943 1,063,654 378,225 685,429 55,693 211,596 1,890

1,414,826 1,092,775 385,277 707,498 64,184 257,867 2,270

1,484,186 1,140,456 410,786 729,670 62,982 280,748 677

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

14,077 196,933 68,737 21,526

3,545 215,662 262,612 41,035

2,020 262,207 367,619 37,776

2,172 305,007 577,246 61,304

2,925 309,676 722,790 48,504

4,869 376,630 687,024 65,879

7,194 383,122 709,653 83,922

3,289 408,299 732,157 68,521

External debt flows Disbursements Long-term external debt IMF purchases

41,445 37,077 4,369

148,828 146,039 2,789

206,785 203,704 3,081

290,457 289,212 1,245

323,057 313,565 9,492

213,939 192,545 21,394

242,318 230,661 11,657

254,434 252,513 1,922

Principal repayments Long-term external debt IMF repurchases

31,305 26,388 4,917

97,683 85,099 12,585

109,806 100,917 8,889

125,544 119,264 6,280

171,931 169,443 2,488

177,305 176,370 935

194,563 192,292 2,271

187,391 184,438 2,953

Net flows Long-term external debt Short-term external debt

19,504 10,689 9,365

72,091 60,940 20,946

141,123 102,787 44,145

266,147 169,948 101,234

134,225 144,123 -16,901

1,784 16,175 -34,850

93,647 38,369 45,891

91,516 68,075 24,473

Interest payments Long-term external debt IMF charges Short-term external debt

16,799 12,192 1,635 2,973

24,427 18,773 1,571 4,083

30,844 23,641 1,502 5,701

41,616 32,411 1,145 8,059

49,396 41,704 558 7,134

44,310 39,164 499 4,648

42,410 36,517 879 5,014

48,687 42,088 1,125 5,474

9,798 986

55,825 6,680

101,268 12,301

148,361 27,002

169,035 -15,268

90,380 6,359

88,019 -813

118,708 -10,119

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

.. 5.7 0.4 0.3 60.2

20.9 3.2 0.1 0.5 71.2

18.0 2.7 0.1 1.1 75.1

18.6 2.4 0.1 1.0 75.5

18.9 3.0 0.0 1.0 74.9

20.0 2.5 0.0 0.4 75.2

21.7 2.7 0.0 0.3 73.2

21.1 3.2 0.0 0.3 73.7

5.7 17.8 5.3

2.7 22.7 6.4

3.9 18.5 5.9

4.2 18.4 6.1

3.8 19.6 7.4

2.5 17.0 6.0

2.6 22.7 7.7

1.9 16.1 5.2

8.7 10.3 7.5

5.1 13.4 4.5

6.0 8.3 5.7

5.9 7.6 5.0

4.9 12.5 3.7

4.9 18.3 2.6

4.6 14.4 5.9

4.5 13.9 5.0

694,322 262,511 9,297 249,473 3,101 61,422

1,663,607 605,003 20,727 600,967 32,955 301,218

2,029,121 751,238 26,410 771,601 56,016 471,629

2,631,020 938,291 38,121 1,027,315 78,085 692,967

3,253,245 1,227,046 44,895 1,303,634 102,428 631,983

2,539,545 852,532 36,244 893,469 60,428 647,259

2,963,123 1,038,154 36,631 1,084,296 80,749 695,760

3,443,240 1,327,246 42,440 1,380,171 106,279 709,842

137.1 51.8 18.3 16.5 8.2 17.1 3.0

104.3 37.9 20.2 19.0 6.0 47.7 6.0

109.0 40.4 18.7 19.7 5.0 57.6 7.3

124.7 44.5 17.8 22.5 4.0 59.2 8.1

106.7 40.2 18.0 18.8 3.8 48.3 5.8

156.1 52.4 26.0 15.9 4.8 48.6 8.7

136.3 47.7 22.8 18.2 5.1 49.2 7.7

111.8 43.1 17.8 18.9 5.3 47.8 6.2

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 & prim. income Personal transfers & comp. of employees Imports of goods, services & prim. income Primary income on FDI International reserves

6. Ratios

EUROPE AND CENTRAL ASIA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

265,670 197,475 115,091 29,480 19,068 2,667 85,611 82,383 46,442 25,963 68,196 3,333

478,274 216,337 86,395 38,067 21,793 5,548 48,328 129,942 65,877 39,512 261,937 25,731

629,826 262,849 65,395 41,063 22,214 6,188 24,332 197,454 73,615 83,595 366,977 45,739

882,253 305,909 72,396 47,109 22,688 6,862 25,287 233,513 81,733 105,589 576,344 65,148

1,032,465 311,028 77,777 50,007 23,071 7,160 27,771 233,250 78,447 94,520 721,438 48,184

1,063,654 378,225 94,167 63,780 25,806 7,631 30,387 284,058 83,203 108,410 685,429 47,871

1,092,775 385,277 105,898 72,604 28,228 7,835 33,294 279,379 99,165 102,813 707,498 47,929

1,140,456 410,786 110,769 78,076 29,844 8,066 32,694 300,017 113,764 94,202 729,670 42,061

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

37,077 21,244 6,924 4,373 2,655 351 2,551 14,319 7,762 5,337 15,833 566

146,039 35,881 5,196 4,253 1,816 420 943 30,685 8,282 12,953 110,158 14,225

203,704 53,161 6,341 5,184 2,477 412 1,157 46,820 14,574 23,551 150,542 21,410

289,212 68,433 9,359 6,491 2,153 468 2,869 59,074 19,712 29,467 220,779 21,287

313,565 40,378 11,299 7,516 2,825 423 3,782 29,080 8,839 11,466 273,187 1,920

192,545 62,783 21,039 16,586 4,968 509 4,453 41,744 12,213 9,686 129,762 4,335

230,661 86,426 20,169 15,235 5,383 439 4,935 66,256 27,801 22,328 144,235 7,081

252,513 70,076 14,898 12,142 4,515 382 2,756 55,178 25,177 12,344 182,437 10,898

26,388 12,745 5,802 2,269 961 6 3,533 6,943 2,230 2,437 13,644 930

85,099 39,083 23,884 4,033 2,932 23 19,852 15,199 10,553 3,131 46,015 1,982

100,917 46,457 30,932 3,754 2,654 38 27,177 15,525 8,454 6,095 54,460 1,530

119,264 34,978 6,621 3,815 2,411 56 2,806 28,358 15,588 8,866 84,285 2,414

169,443 41,154 6,301 4,016 2,472 75 2,285 34,852 10,154 21,429 128,289 18,572

176,370 36,015 5,849 3,824 2,336 92 2,025 30,166 8,782 13,961 140,355 4,911

192,292 47,940 6,022 3,831 2,259 105 2,191 41,918 8,644 25,921 144,352 4,965

184,438 37,148 8,334 4,864 2,348 120 3,470 28,814 9,485 16,327 147,290 12,961

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

12,192 8,533 3,003 1,566 1,080 19 1,437 5,529 3,648 1,366 3,659 312

18,773 11,333 4,043 1,442 872 45 2,602 7,290 5,482 1,504 7,440 1,865

23,641 11,114 3,535 1,582 1,071 47 1,953 7,579 5,019 2,300 12,527 2,956

32,411 12,678 2,654 1,901 1,217 50 754 10,024 6,176 2,646 19,733 4,197

41,704 13,221 2,689 1,919 1,083 54 770 10,531 5,667 3,195 28,484 3,358

39,164 12,382 2,338 1,686 848 53 652 10,043 5,341 2,798 26,782 3,395

36,517 12,290 1,956 1,316 405 56 640 10,335 5,441 2,014 24,227 3,208

42,088 12,493 2,546 1,687 472 62 859 9,947 6,834 2,039 29,595 2,878

Non-debt flows (bill US$)

200

150

100

0 2003

2004

2005

2006

Foreign direct investment

2007

2008

Debt ratios (%)

200

2009

2010

2011

Portfolio equity flows

2003

2004

2005

2006

Debt to exports

2007

2008

2009

2010

Reserves to debt

2011

LATIN AMERICA AND CARIBBEAN (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

760,414 637,979 396,265 241,713 11,446 110,990 1,698

750,571 615,706 420,796 194,911 15,976 118,888 8,905

751,568 629,512 406,307 223,205 3,741 118,315 8,322

850,423 702,221 427,904 274,317 3,959 144,243 10,376

904,989 753,681 440,444 313,237 3,901 147,407 10,947

946,896 782,687 457,941 324,747 24,709 139,499 11,685

1,086,823 883,563 502,907 380,656 25,316 177,944 6,370

1,233,484 1,032,388 537,896 494,493 25,480 175,615 7,039

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

3,551 393,314 244,664 66,049

12,388 418,298 197,408 59,008

13,161 404,050 225,462 52,656

17,017 425,667 276,555 62,027

19,295 437,821 315,861 62,288

20,505 454,034 328,653 93,327

10,001 498,680 384,883 93,868

14,400 533,685 498,704 80,943

External debt flows Disbursements Long-term external debt IMF purchases

119,838 116,328 3,510

102,447 101,854 593

135,081 134,517 564

158,613 158,364 249

158,762 158,549 213

161,731 161,284 446

214,210 212,751 1,459

256,638 256,198 440

Principal repayments Long-term external debt IMF repurchases

115,182 100,946 14,237

111,312 83,139 28,172

142,020 129,337 12,683

102,591 102,370 220

102,905 102,733 173

99,977 99,923 53

96,053 95,902 151

115,383 115,191 192

Net flows Long-term external debt Short-term external debt

1,738 15,382 -2,917

11,471 18,715 20,336

-6,929 5,180 10

79,896 55,994 23,874

58,449 55,816 2,593

53,108 61,361 -8,646

161,917 116,849 43,761

138,257 141,008 -2,998

Interest payments Long-term external debt IMF charges Short-term external debt

55,605 47,975 892 6,739

41,400 33,934 1,818 5,647

46,710 40,285 452 5,973

48,987 42,019 143 6,825

46,146 42,143 51 3,952

42,288 39,754 63 2,471

45,206 40,459 91 4,656

52,051 47,108 57 4,885

78,956 -561

74,812 12,209

74,449 11,047

126,377 28,821

137,168 -9,661

84,910 41,574

125,283 41,339

158,285 6,391

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 (%) .. 6.4 0.6 0.3 71.9

9.3 3.3 0.2 0.1 79.8

10.4 2.9 0.2 0.1 78.9

10.8 2.6 0.1 0.1 77.7

9.6 3.1 0.1 0.1 79.4

10.5 3.7 0.4 0.2 77.2

8.0 4.0 0.4 0.2 77.3

6.8 3.7 0.4 0.3 77.0

5.9 12.6 2.8

4.2 19.2 4.8

5.4 18.9 5.4

5.1 18.2 4.9

3.5 20.6 5.3

2.1 18.8 6.4

1.8 19.6 6.0

1.9 19.9 5.2

9.4 12.8 11.6

6.8 16.9 12.0

5.8 17.0 12.6

5.9 22.8 12.5

6.5 15.9 11.3

5.3 15.0 10.0

3.9 22.5 10.9

4.1 26.4 12.6

1,967,802 442,942 20,137 512,531 22,766 153,491

2,550,572 657,880 48,946 677,967 54,228 247,979

3,005,876 789,138 57,708 808,341 76,763 301,395

3,572,009 905,412 61,870 962,623 90,869 435,940

4,164,637 1,037,739 63,013 1,142,674 94,925 485,255

3,901,762 821,511 55,418 902,663 80,294 535,444

4,857,811 1,017,535 55,923 1,139,246 96,800 618,997

5,442,322 1,246,089 59,368 1,380,659 113,256 723,641

171.7 38.6 38.6 14.6 12.3 20.2 3.6

114.1 29.4 23.2 15.8 13.8 33.0 4.4

95.2 25.0 24.3 15.7 12.8 40.1 4.5

93.9 23.8 16.7 17.0 11.2 51.3 5.4

87.2 21.7 14.4 16.3 11.2 53.6 5.1

115.3 24.3 17.3 14.7 12.2 56.5 7.1

106.8 22.4 13.9 16.4 12.2 57.0 6.5

99.0 22.7 13.4 14.2 10.8 58.7 6.3

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 & prim. income Personal transfers & comp. of employees Imports of goods, services & prim. income Primary income on FDI International reserves

6. Ratios

LATIN AMERICA AND CARIBBEAN (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

637,979 396,265 140,118 93,427 37,424 3,385 46,691 256,147 216,334 31,361 241,713 60,325

615,706 420,796 134,238 103,378 34,945 5,048 30,859 286,558 243,810 38,356 194,911 75,499

629,512 406,307 123,928 96,029 31,515 1,528 27,899 282,379 240,787 38,441 223,205 82,939

702,221 427,904 121,550 95,545 31,521 1,691 26,005 306,354 260,368 41,880 274,317 95,586

753,681 440,444 130,959 101,647 33,844 1,776 29,312 309,486 264,735 41,376 313,237 83,128

782,687 457,941 149,541 115,346 40,427 1,467 34,195 308,400 268,336 35,890 324,747 104,023

883,563 502,907 171,119 132,264 48,523 1,605 38,855 331,787 287,551 38,928 380,656 151,153

1,032,388 537,896 174,530 133,426 45,325 1,802 41,104 363,366 317,669 40,691 494,493 163,797

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

116,328 58,430 16,202 13,366 5,594 202 2,837 42,228 35,022 6,460 57,898 8,312

101,854 57,730 12,872 10,530 3,549 306 2,342 44,858 38,184 6,169 44,124 16,018

134,517 51,631 16,770 14,671 5,568 178 2,099 34,861 26,997 7,267 82,886 20,751

158,364 54,542 14,755 13,055 3,064 129 1,700 39,787 33,737 5,717 103,821 26,935

158,549 63,663 19,473 15,833 5,676 114 3,640 44,191 36,212 7,819 94,885 10,020

161,284 73,625 31,154 24,331 10,788 157 6,822 42,472 37,371 4,436 87,659 29,466

212,751 92,503 35,503 26,965 11,151 210 8,538 57,000 43,223 11,315 120,248 54,971

256,198 80,545 23,076 17,398 6,046 220 5,678 57,468 46,682 9,895 175,654 62,727

100,946 42,922 16,902 9,918 3,798 18 6,985 26,020 17,488 6,930 58,024 8,849

83,139 42,846 16,579 10,888 4,560 39 5,691 26,267 18,231 7,251 40,293 10,583

129,337 73,554 24,482 19,204 9,141 29 5,278 49,072 38,013 9,908 55,784 13,165

102,370 47,265 15,804 10,792 3,309 14 5,013 31,461 24,421 6,258 55,105 13,292

102,733 47,673 12,845 10,478 3,404 24 2,367 34,827 28,127 6,069 55,060 9,228

99,923 39,162 13,507 9,824 4,298 20 3,683 25,655 13,377 11,089 60,761 7,534

95,902 39,840 14,348 10,181 3,058 46 4,167 25,492 17,529 6,633 56,062 7,814

115,191 45,775 18,489 15,328 9,162 14 3,161 27,285 16,415 9,564 69,416 7,828

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

47,975 29,951 8,488 6,304 2,801 17 2,184 21,463 17,942 2,713 18,024 5,185

33,934 24,805 5,532 4,416 1,506 37 1,116 19,273 17,456 1,617 9,129 4,534

40,285 25,353 5,945 4,956 1,813 23 990 19,408 17,527 1,705 14,932 7,607

42,019 26,721 5,957 4,998 1,780 12 959 20,764 18,880 1,579 15,298 7,177

42,143 25,135 5,439 4,646 1,544 14 793 19,696 17,951 1,488 17,008 6,123

39,754 23,288 4,892 4,080 1,302 12 812 18,396 16,386 1,712 16,466 6,609

40,459 23,516 4,681 3,752 1,050 11 929 18,835 17,510 1,072 16,943 8,054

47,108 25,844 4,787 3,787 1,075 13 1,000 21,056 19,585 1,228 21,264 10,749

7. Long-term external debt

Non-debt flows (bill US$)

200

150

100

0 2003

2004

2005

2006

Foreign direct investment

2007

2008

Debt ratios (%)

200

2009

2010

2011

Portfolio equity flows

2003

2004

2005

2006

Debt to exports

2007

2008

2009

2010

Reserves to debt

2011

MIDDLE EAST AND NORTH AFRICA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

143,768 116,433 112,462 3,970 3,465 23,870 2,629

150,577 122,189 115,404 6,785 1,574 26,814 298

144,668 114,901 108,230 6,671 1,502 28,265 307

156,178 123,121 116,387 6,734 1,501 31,556 256

148,078 117,081 110,231 6,850 1,350 29,647 259

159,906 118,812 112,463 6,348 8,342 32,752 326

166,058 120,505 113,877 6,628 8,328 37,225 342

166,124 119,765 112,400 7,365 8,199 38,160 351

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

9,977 112,097 4,336 10,177

509 114,755 7,434 13,630

482 107,479 7,422 12,456

442 115,230 7,892 10,676

419 109,163 7,918 10,140

418 111,456 7,356 11,924

424 112,944 7,561 18,837

484 111,539 8,226 10,866

External debt flows Disbursements Long-term external debt IMF purchases

9,241 9,218 24

14,882 14,882 0

12,028 12,028 0

15,112 15,034 78

11,918 11,872 46

13,612 13,610 2

14,904 14,851 53

13,645 13,638 7

Principal repayments Long-term external debt IMF repurchases

10,851 10,613 238

14,905 14,160 745

24,903 24,752 150

14,409 14,243 166

16,308 16,173 135

13,311 13,247 64

12,159 12,105 54

13,992 13,924 68

Net flows Long-term external debt Short-term external debt

788 -1,396 2,398

545 722 568

-11,434 -12,725 1,441

4,045 791 3,342

-6,300 -4,301 -1,910

3,339 363 3,038

7,201 2,746 4,456

581 -286 927

Interest payments Long-term external debt IMF charges Short-term external debt

6,097 4,888 171 1,039

6,188 4,748 63 1,377

6,407 4,744 58 1,605

6,199 4,728 51 1,420

5,525 4,767 16 742

4,882 4,380 22 480

4,839 4,270 27 542

4,877 4,229 10 638

3,720 252

16,879 2,410

27,338 963

28,111 -2,096

29,553 422

26,320 1,200

22,282 1,957

15,422 -195

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 0.8 1.1 49.5

30.9 9.4 1.6 1.5 43.0

33.3 8.7 1.5 1.4 41.0

35.7 8.3 1.4 1.2 38.7

33.9 10.4 0.5 1.1 38.4

34.5 9.8 0.5 1.2 37.6

33.0 10.1 0.5 1.2 38.5

31.8 9.9 0.5 1.1 38.8

4.5 19.8 5.6

3.7 19.1 5.3

3.5 22.6 7.0

3.4 19.8 5.8

3.0 21.2 5.7

2.2 21.2 5.8

1.8 22.1 5.9

1.7 20.9 4.8

7.1 8.2 4.5

5.6 8.1 6.0

6.8 10.9 7.8

5.8 8.4 6.1

8.5 5.9 5.6

7.5 7.4 6.4

4.7 14.4 10.7

5.8 9.3 9.3

364,785 117,615 10,460 105,104 1,721 44,145

543,094 204,061 21,757 196,670 10,685 138,225

626,704 250,934 23,704 219,743 11,672 173,687

764,364 295,058 28,899 268,838 11,376 217,792

930,010 374,548 32,525 343,660 13,463 260,567

924,051 310,621 30,303 324,863 13,976 280,516

1,013,477 322,247 36,489 342,821 17,349 298,452

1,104,112 373,284 39,352 375,543 16,614 267,165

122.2 39.4 14.4 16.6 16.1 30.7 5.0

73.8 27.7 10.3 17.8 17.2 91.8 8.4

57.7 23.1 12.5 19.5 17.9 120.1 9.5

52.9 20.4 7.0 20.2 19.7 139.5 9.7

39.5 15.9 5.8 20.0 21.0 176.0 9.1

51.5 17.3 5.9 20.5 21.8 175.4 10.4

51.5 16.4 5.3 22.4 21.8 179.7 10.4

44.5 15.0 5.1 23.0 23.0 160.8 8.5

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 & prim. income Personal transfers & comp. of employees Imports of goods, services & prim. income Primary income on FDI International reserves

6. Ratios

MIDDLE EAST AND NORTH AFRICA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

116,433 112,462 88,103 23,099 7,664 2,685 65,004 24,359 7,323 8,412 3,970 836

122,189 115,404 77,635 25,955 6,757 3,344 51,679 37,769 21,519 8,751 6,785 1,011

114,901 108,230 70,415 25,901 6,144 3,616 44,514 37,815 22,811 8,114 6,671 805

123,121 116,387 76,825 30,777 7,447 3,795 46,048 39,562 24,232 9,011 6,734 530

117,081 110,231 74,644 31,142 7,123 3,802 43,502 35,587 23,577 7,552 6,850 470

118,812 112,463 78,130 34,905 8,016 3,831 43,224 34,334 23,508 7,225 6,348 670

120,505 113,877 77,939 36,155 8,532 3,751 41,784 35,938 26,605 6,487 6,628 500

119,765 112,400 78,327 38,189 9,409 3,641 40,138 34,072 25,968 5,978 7,365 500

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

9,218 7,937 3,407 1,942 532 118 1,465 4,530 2,031 1,092 1,281 115

14,882 12,962 5,490 3,882 895 202 1,608 7,472 4,144 2,282 1,920 530

12,028 10,781 5,112 3,497 739 225 1,615 5,669 3,799 1,459 1,247 0

15,034 13,197 7,162 5,563 1,723 145 1,600 6,035 3,635 2,081 1,837 0

11,872 9,664 6,332 3,702 684 126 2,630 3,332 2,257 875 2,208 0

13,610 11,990 8,138 5,754 1,625 110 2,384 3,852 2,894 892 1,620 200

14,851 13,404 7,182 4,900 1,409 84 2,282 6,222 5,502 696 1,447 0

13,638 11,958 7,453 5,474 1,738 17 1,979 4,505 3,959 528 1,681 0

10,613 10,377 5,915 2,014 869 45 3,901 4,462 811 1,425 237 50

14,160 13,325 7,856 3,407 1,030 76 4,449 5,470 1,881 1,766 834 265

24,752 23,078 16,194 4,763 1,673 82 11,431 6,884 2,808 2,473 1,675 206

14,243 11,808 5,891 2,636 771 90 3,256 5,916 2,619 1,919 2,436 275

16,173 14,172 7,945 2,618 986 98 5,327 6,227 3,018 1,705 2,001 60

13,247 10,998 5,628 2,352 731 103 3,275 5,370 3,020 1,314 2,250 0

12,105 10,248 5,920 2,476 572 108 3,444 4,328 2,151 1,359 1,857 170

13,924 12,536 6,448 2,886 704 119 3,562 6,088 4,587 840 1,388 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

4,888 4,733 3,130 1,305 602 20 1,825 1,603 455 569 154 69

4,748 4,457 2,504 1,016 308 28 1,487 1,953 1,312 321 291 90

4,744 4,438 2,277 1,037 296 27 1,240 2,161 1,445 401 306 74

4,728 4,451 2,150 1,096 329 28 1,054 2,301 1,559 432 278 57

4,767 4,500 2,244 1,207 352 30 1,038 2,256 1,590 400 266 40

4,380 4,111 2,036 1,082 260 28 954 2,074 1,666 266 270 43

4,270 4,040 2,124 984 161 28 1,140 1,916 1,641 192 230 51

4,229 4,014 1,936 1,014 167 30 922 2,077 1,844 170 215 38

Non-debt flows (bill US$)

150

100

0 2003

2004

2005

2006

Foreign direct investment

2007

2008

Debt ratios (%)

200

2009

2010

2011

Portfolio equity flows

2003

2004

2005

2006

Debt to exports

2007

2008

2009

2010

Reserves to debt

2011

SOUTH ASIA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

162,149 152,899 134,385 18,514 3,199 6,051 112

189,345 173,889 115,858 58,031 3,614 11,842 21

234,448 202,028 127,172 74,855 3,752 28,668 18

289,122 243,633 144,602 99,031 3,871 41,618 36

322,667 266,251 156,200 110,051 6,933 49,484 33

363,024 292,230 169,603 122,627 18,663 52,131 47

403,879 319,639 188,771 130,868 20,319 63,922 100

454,138 347,385 201,453 145,931 20,289 86,465 266

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

221 133,612 19,287 12,817

5 115,688 58,201 10,235

90 127,025 75,002 12,965

150 144,471 99,161 20,650

87 156,010 110,240 17,510

141 169,404 122,826 22,844

159 188,536 131,103 25,108

170 201,187 146,197 30,318

External debt flows Disbursements Long-term external debt IMF purchases

14,190 13,995 195

24,595 24,339 256

38,828 38,656 171

71,512 71,424 88

49,081 45,638 3,443

39,209 35,232 3,978

52,368 50,043 2,325

51,260 50,806 454

Principal repayments Long-term external debt IMF repurchases

9,798 9,315 483

22,028 21,753 275

15,140 14,879 261

35,092 34,935 157

27,387 27,119 268

15,507 15,150 356

24,092 23,742 349

26,354 25,934 419

Net flows Long-term external debt Short-term external debt

3,454 4,680 -938

4,851 2,586 2,284

40,516 23,777 16,972

49,352 36,489 13,078

29,562 18,519 7,964

26,336 20,081 2,740

40,013 26,300 11,777

47,284 24,872 22,456

Interest payments Long-term external debt IMF charges Short-term external debt

5,715 5,277 116 323

5,726 5,213 69 446

6,439 5,758 88 593

9,085 6,942 78 2,065

9,065 7,330 36 1,700

7,219 6,468 98 653

7,420 6,452 170 797

8,981 7,795 212 973

4,368 2,518

10,883 12,406

25,780 10,388

32,432 33,970

50,839 -15,836

39,289 24,118

30,398 29,917

35,728 -4,807

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

.. 15.3 2.8 0.3 56.6

7.5 19.0 2.2 0.3 54.3

7.5 18.2 1.9 0.2 55.7

7.1 16.8 1.5 0.2 56.8

6.2 19.8 1.3 0.2 55.2

5.9 18.1 1.1 0.1 57.9

5.0 18.7 0.9 0.1 59.4

4.6 18.6 0.8 0.2 60.1

5.1 23.2 6.3

2.0 27.5 7.8

3.2 27.1 6.4

3.4 26.4 7.0

1.9 26.9 6.5

1.4 25.7 6.6

1.8 27.8 7.9

1.0 27.7 4.8

4.3 5.2 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 4.1 3.0

2.9 7.2 4.5

3.3 7.9 6.3

618,276 88,739 17,206 116,954 721 43,326

1,044,284 201,331 33,909 258,656 7,979 149,529

1,185,116 247,985 42,507 315,685 11,542 191,528

1,507,996 304,193 54,024 383,362 15,236 292,620

1,536,909 380,258 71,615 507,926 16,585 268,668

1,686,993 327,876 74,772 436,126 16,196 298,764

2,043,974 426,178 81,625 567,694 19,082 315,362

2,268,446 526,062 97,534 696,867 20,562 310,608

182.7 26.2 17.5 3.7 37.6 26.7 4.4

94.0 18.1 13.8 6.3 36.5 79.0 6.9

94.5 19.8 8.7 12.2 32.4 81.7 7.3

95.0 19.2 14.5 14.4 28.8 101.2 9.2

84.9 21.0 9.6 15.3 27.6 83.3 6.3

110.7 21.5 6.9 14.4 26.2 82.3 8.2

94.8 19.8 7.4 15.8 24.9 78.1 6.7

86.3 20.0 6.7 19.0 22.9 68.4 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 & prim. income Personal transfers & comp. of employees Imports of goods, services & prim. income Primary income on FDI International reserves

6. Ratios

SOUTH ASIA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

152,899 134,385 101,708 61,032 10,209 31,963 40,677 32,677 10,928 19,561 18,514 1,560

173,889 115,858 109,134 69,051 7,514 42,193 40,083 6,724 2,525 3,722 58,031 6,461

202,028 127,172 116,861 75,924 8,151 45,803 40,936 10,312 4,178 5,452 74,855 11,204

243,633 144,602 127,359 83,286 8,766 48,915 44,073 17,243 7,879 8,565 99,031 16,277

266,251 156,200 137,872 88,984 9,376 49,529 48,888 18,327 7,670 9,901 110,051 15,682

292,230 169,603 145,842 95,037 10,151 51,505 50,806 23,760 12,671 10,404 122,627 16,176

319,639 188,771 156,089 100,462 12,868 51,233 55,626 32,682 18,250 13,761 130,868 13,467

347,385 201,453 163,418 104,202 13,134 52,821 59,216 38,035 21,067 16,315 145,931 11,111

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

13,995 13,409 6,130 4,334 866 1,655 1,795 7,279 5,520 927 586 0

24,339 10,877 7,295 5,620 1,081 2,709 1,675 3,582 2,314 1,250 13,462 3,520

38,656 14,193 8,288 6,244 1,134 2,452 2,044 5,905 3,252 2,371 24,463 4,799

71,424 22,200 9,295 6,989 1,178 2,572 2,306 12,905 8,639 4,129 49,224 7,793

45,638 24,638 11,237 7,937 1,176 2,151 3,300 13,401 11,507 1,865 21,000 594

35,232 17,868 12,776 8,787 1,498 2,944 3,989 5,092 2,265 2,819 17,363 2,473

50,043 30,695 13,686 9,208 3,395 1,944 4,477 17,010 12,050 4,932 19,347 1,288

50,806 21,045 12,850 7,514 1,045 3,228 5,336 8,195 3,028 5,119 29,761 737

9,315 8,607 5,351 2,827 1,231 548 2,524 3,256 50 2,868 707 35

21,753 14,493 4,468 2,160 523 949 2,308 10,024 8,565 1,262 7,260 117

14,879 6,985 4,652 2,481 543 1,069 2,171 2,334 1,597 659 7,894 57

34,935 11,360 4,818 2,514 631 1,112 2,304 6,543 5,313 1,188 23,575 409

27,119 16,341 5,598 3,079 687 1,223 2,519 10,743 9,533 1,134 10,779 880

15,150 8,715 5,425 3,163 707 1,321 2,262 3,290 1,088 2,128 6,435 1,779

23,742 8,858 6,038 3,408 726 1,349 2,631 2,820 748 1,998 14,884 2,451

25,934 10,090 7,092 3,853 800 1,453 3,238 2,998 200 2,717 15,845 2,847

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

5,277 4,396 2,274 1,366 613 236 908 2,121 210 1,805 881 227

5,213 3,940 1,907 893 252 342 1,014 2,033 1,849 169 1,272 151

5,758 2,421 2,062 1,133 387 343 929 359 154 195 3,338 276

6,942 2,740 2,257 1,326 470 355 931 483 211 262 4,202 404

7,330 2,947 2,308 1,332 401 388 976 639 290 329 4,383 345

6,468 2,699 2,154 1,091 266 371 1,063 545 259 269 3,769 346

6,452 2,729 2,037 832 104 380 1,205 692 232 241 3,723 451

7,795 2,661 2,066 901 115 419 1,164 595 286 295 5,134 870

Non-debt flows (bill US$)

Debt ratios (%)

200

150

50 40

100 30 20

0 2003

2004

2005

2006

Foreign direct investment

2007

2008

2009

2010

2011

Portfolio equity flows

2003

2004

2005

2006

Debt to exports

2007

2008

2009

2010

Reserves to debt

2011

SUB-SAHARAN AFRICA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

213,468 173,198 161,850 11,348 8,720 31,550 13,577

234,431 190,636 176,096 14,540 8,125 35,670 14,290

193,933 141,875 124,384 17,491 5,433 46,625 15,179

218,459 159,647 131,074 28,573 5,749 53,063 14,620

225,322 162,539 136,965 25,574 6,311 56,472 13,657

248,619 183,590 151,583 32,007 20,039 44,990 11,619

271,205 204,243 161,496 42,747 19,526 47,435 11,302

295,598 230,149 179,583 50,566 20,792 44,657 9,006

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

25,501 160,943 12,255 8,365

24,189 175,998 14,638 23,932

24,807 124,347 17,528 12,909

23,028 131,048 28,600 19,146

21,457 136,946 25,593 18,396

19,873 151,565 32,025 30,062

17,620 161,485 42,758 32,260

18,026 179,571 50,578 37,318

External debt flows Disbursements Long-term external debt IMF purchases

10,161 9,637 525

16,129 15,806 323

13,390 13,093 298

24,094 23,740 354

15,523 14,111 1,413

22,946 20,323 2,623

24,408 23,064 1,344

30,746 29,251 1,495

Principal repayments Long-term external debt IMF repurchases

9,038 8,579 460

13,251 12,504 747

18,178 17,821 357

12,549 12,253 296

9,856 9,169 687

9,707 9,322 385

8,732 8,583 149

10,224 10,093 130

Net flows Long-term external debt Short-term external debt

-1,762 1,058 -2,885

6,961 3,302 4,083

5,279 -4,728 10,066

18,542 11,487 6,997

10,039 4,942 4,372

3,787 11,000 -9,451

18,438 14,481 2,763

20,040 19,158 -483

Interest payments Long-term external debt IMF charges Short-term external debt

4,535 3,323 130 1,082

8,688 7,808 93 786

5,044 3,907 132 1,006

5,986 4,416 95 1,474

5,584 3,939 513 1,132

4,685 3,655 60 970

5,481 4,500 51 930

5,973 5,110 30 832

6,502 4,164

19,121 8,079

16,114 16,805

27,764 10,144

39,110 -5,702

32,496 10,750

26,689 8,075

41,319 -1,058

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 2.1 1.5 61.3

19.3 3.4 4.2 1.9 52.3

21.8 3.2 1.7 2.4 48.9

21.1 2.7 1.5 2.4 49.6

18.8 3.8 1.0 2.5 51.3

18.9 3.1 1.1 2.5 49.8

13.1 2.5 0.7 3.0 48.8

11.9 2.6 0.7 3.2 50.8

1.1 36.2 9.1

4.3 21.5 4.5

1.6 29.1 7.1

1.5 31.0 7.9

1.7 29.3 7.8

1.6 23.9 6.2

1.8 25.6 6.8

3.4 22.1 4.1

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 8.2 4.5

3.0 13.8 5.6

4.8 10.8 5.5

320,844 114,493 4,825 118,957 7,983 34,337

603,628 237,303 20,547 242,780 17,737 79,775

709,952 277,029 23,679 288,106 24,024 111,569

813,117 331,298 26,425 368,970 39,405 139,692

925,474 400,219 29,849 455,439 47,150 150,208

890,343 302,705 27,883 375,975 33,506 152,929

1,038,607 389,346 29,187 449,758 45,933 152,197

1,190,518 472,915 30,889 550,705 39,459 168,337

186.4 66.5 11.9 14.8 25.6 16.1 3.5

98.8 38.8 9.2 15.2 31.0 34.0 3.9

70.0 27.3 8.4 24.0 22.3 57.5 4.6

65.9 26.9 5.6 24.3 22.0 63.9 4.5

56.3 24.3 3.9 25.1 22.3 66.7 4.0

82.1 27.9 4.8 18.1 22.1 61.5 4.9

69.7 26.1 3.7 17.5 21.6 56.1 4.1

62.5 24.8 3.4 15.1 21.2 56.9 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 & prim. income Personal transfers & comp. of employees Imports of goods, services & prim. income Primary income on FDI International reserves

6. Ratios

SUB-SAHARAN AFRICA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

173,198 161,850 135,684 54,585 3,477 33,574 81,098 26,166 9,150 8,439 11,348 1,360

190,636 176,096 135,625 72,558 2,015 48,444 63,067 40,471 16,934 17,878 14,540 1,307

141,875 124,384 88,135 43,210 1,799 24,187 44,925 36,248 15,913 15,585 17,491 1,484

159,647 131,074 93,464 48,071 1,524 27,325 45,393 37,611 17,684 15,941 28,573 6,715

162,539 136,965 96,612 50,269 994 29,318 46,344 40,353 18,009 18,538 25,574 6,017

183,590 151,583 105,961 54,836 900 31,612 51,125 45,623 22,597 18,484 32,007 6,049

204,243 161,496 105,238 58,505 1,175 32,943 46,733 56,258 34,327 17,206 42,747 5,471

230,149 179,583 112,262 62,706 1,427 34,917 49,555 67,321 41,356 20,231 50,566 7,104

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

9,637 7,518 4,139 3,355 75 2,193 784 3,379 765 1,752 2,119 712

15,806 12,546 6,136 4,758 14 2,943 1,378 6,410 0 6,134 3,260 1,307

13,093 9,904 6,537 4,548 1 2,749 1,989 3,367 2,076 850 3,189 0

23,740 16,462 7,744 4,978 31 2,987 2,766 8,718 3,525 4,935 7,278 5,587

14,111 13,130 8,048 5,012 45 2,898 3,036 5,082 0 4,743 980 0

20,323 17,559 11,064 7,130 113 3,444 3,934 6,495 2,200 3,014 2,764 0

23,064 19,882 15,137 7,517 405 3,943 7,620 4,745 2,000 1,841 3,182 0

29,251 23,800 13,773 7,235 330 3,408 6,538 10,027 4,510 5,158 5,451 1,733

8,579 7,181 3,440 1,630 552 225 1,811 3,741 502 2,444 1,398 0

12,504 11,797 6,593 1,549 286 248 5,044 5,205 1,091 3,529 706 0

17,821 15,310 8,162 1,545 284 238 6,617 7,148 2,832 3,176 2,511 0

12,253 10,241 5,152 1,731 406 195 3,421 5,089 175 3,862 2,012 1,390

9,169 7,262 3,740 1,989 620 463 1,751 3,522 890 2,188 1,907 698

9,322 7,918 3,352 1,764 202 266 1,589 4,566 250 3,844 1,405 0

8,583 6,478 2,991 1,272 123 255 1,719 3,487 23 3,041 2,105 578

10,093 7,202 3,705 1,476 75 434 2,229 3,497 104 2,984 2,891 100

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

3,323 2,918 1,826 844 213 199 983 1,092 564 303 405 41

7,808 7,456 5,856 758 53 313 5,098 1,600 992 424 352 61

3,907 3,469 1,396 691 47 240 705 2,073 1,039 779 438 89

4,416 3,875 2,063 1,054 339 179 1,010 1,812 903 751 541 132

3,939 3,382 1,646 924 109 277 721 1,737 1,048 550 556 241

3,655 3,073 1,523 860 22 196 663 1,550 1,060 396 582 241

4,500 3,027 1,135 615 19 204 520 1,892 1,664 171 1,473 1,027

5,110 3,601 1,220 700 9 250 520 2,381 2,115 207 1,509 1,127

Non-debt flows (bill US$)

Debt ratios (%)

200

150

100 20

50 10

0 2003

2004

2005

2006

Foreign direct investment

2007

2008

2009

2010

2011

Portfolio equity flows

2003

2004

2005

2006

Debt to exports

2007

2008

2009

2010

Reserves to debt

2011

LOW-INCOME COUNTRIES (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

111,562 94,772 92,225 2,546 5,231 11,560 7,795

120,288 104,748 103,939 809 5,598 9,942 7,105

101,973 86,292 85,355 937 4,159 11,523 7,538

110,998 93,336 92,085 1,251 4,537 13,124 7,578

117,392 98,883 96,005 2,878 5,402 13,108 6,635

127,184 104,098 101,076 3,022 11,949 11,137 5,659

125,155 102,173 98,241 3,933 10,735 12,246 5,467

133,292 108,530 103,019 5,511 11,222 13,540 5,170

15,806 91,928 2,843 4,323

13,987 103,778 970 6,390

14,658 85,246 1,046 8,089

14,241 91,960 1,376 9,415

13,211 95,880 3,003 9,746

14,170 100,942 3,155 11,090

13,124 98,092 4,081 14,557

12,423 102,870 5,660 15,299

External debt flows Disbursements Long-term external debt IMF purchases

4,110 3,713 397

5,680 5,277 402

5,913 5,588 324

6,679 6,293 386

9,669 8,056 1,613

11,540 10,036 1,505

11,485 10,707 779

12,778 12,012 766

Principal repayments Long-term external debt IMF repurchases

2,445 2,045 400

2,525 2,059 466

2,202 1,939 264

2,700 2,490 210

3,034 2,425 609

3,091 2,797 293

4,330 4,137 194

4,713 4,488 225

Net flows Long-term external debt Short-term external debt

1,264 1,669 -402

2,354 3,219 -801

4,858 3,649 1,291

5,541 3,803 1,708

7,561 5,631 1,022

7,455 7,238 -889

8,456 6,570 1,341

9,656 7,524 1,669

Interest payments Long-term external debt IMF charges Short-term external debt

1,185 848 88 251

1,057 867 56 136

1,127 854 90 183

1,647 1,354 59 233

1,836 1,177 507 152

1,201 1,062 46 93

1,142 1,013 26 103

1,280 1,139 10 131

2,465 0

5,422 45

5,311 67

9,507 137

11,366 -26

9,344 7

14,674 -35

17,008 124

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

.. 10.6 2.2 0.7 51.3

8.6 9.1 1.7 0.6 54.3

10.8 10.4 1.4 0.7 50.2

11.1 9.7 1.3 0.5 50.5

9.8 10.2 1.0 0.3 50.9

9.3 9.4 1.0 0.3 51.1

6.6 9.7 0.9 0.2 50.9

6.2 10.0 0.8 0.1 50.8

1.2 36.2 9.3

1.3 34.3 8.5

1.6 34.5 8.8

1.5 34.8 8.9

1.4 33.8 8.9

1.7 30.4 8.0

1.1 32.6 9.2

1.1 32.1 5.3

5.2 11.5 3.2

4.0 14.2 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 17.6 3.9

2.8 10.0 1.7

162,381 32,417 4,078 46,129 650 10,446

235,456 54,921 9,469 79,609 3,679 18,828

258,394 66,297 12,132 92,852 3,767 23,974

304,665 81,478 15,250 116,248 4,738 33,536

360,670 98,544 20,628 148,634 5,310 38,038

386,010 88,713 21,318 136,723 5,233 52,572

419,322 108,926 23,335 162,406 5,370 54,110

463,930 130,250 26,986 195,100 2,812 55,627

344.1 68.7 11.2 10.4 45.5 9.4 2.7

219.0 51.1 6.5 8.3 58.2 15.7 2.8

153.8 39.5 5.0 11.3 50.3 23.5 3.1

136.2 36.4 5.3 11.8 51.2 30.2 3.5

119.1 32.5 4.9 11.2 51.3 32.4 3.1

143.4 32.9 4.8 8.8 49.8 41.3 4.6

114.9 29.8 5.0 9.8 51.9 43.2 4.0

102.3 28.7 4.6 10.2 49.9 41.7 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 & prim. income Personal transfers & comp. of employees Imports of goods, services & prim. income Primary income on FDI International reserves

6. Ratios

LOW-INCOME COUNTRIES (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

94,772 92,225 88,852 50,745 718 32,046 38,108 3,373 7 1,659 2,546 0

104,748 103,939 100,526 70,043 618 46,327 30,484 3,413 1 1,649 809 0

86,292 85,355 82,011 51,282 622 30,385 30,729 3,344 1 1,604 937 0

93,336 92,085 88,697 56,833 480 33,522 31,865 3,388 0 1,636 1,251 0

98,883 96,005 92,850 60,224 464 35,390 32,626 3,155 0 1,570 2,878 0

104,098 101,076 96,999 63,361 463 36,398 33,638 4,077 0 1,415 3,022 0

102,173 98,241 94,290 65,003 463 36,330 29,287 3,951 0 1,127 3,933 0

108,530 103,019 98,454 66,578 463 37,192 31,876 4,565 0 1,967 5,511 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

3,713 3,658 3,475 3,013 19 1,982 462 183 0 108 55 0

5,277 5,219 5,017 4,436 1 2,752 580 203 0 71 58 0

5,588 5,405 5,368 4,290 0 2,410 1,078 37 0 17 183 0

6,293 6,000 5,974 4,862 0 2,897 1,112 26 0 5 293 0

8,056 7,136 7,084 5,346 0 2,947 1,738 52 0 2 920 0

10,036 9,258 8,124 6,137 0 2,806 1,987 1,134 0 3 778 0

10,707 8,454 7,571 5,338 0 2,702 2,233 883 0 381 2,253 0

12,012 9,248 8,216 4,920 0 2,419 3,295 1,032 0 932 2,764 0

2,045 1,822 1,583 820 106 270 763 239 0 129 223 0

2,059 1,945 1,798 1,113 5 376 684 147 1 83 114 0

1,939 1,886 1,728 1,165 5 407 563 158 0 76 53 0

2,490 2,352 2,265 1,460 167 393 805 87 0 19 138 0

2,425 2,119 2,031 1,339 26 590 691 89 0 26 306 0

2,797 2,109 1,992 1,261 0 487 732 117 0 38 689 0

4,137 2,697 1,987 1,271 0 507 716 709 0 590 1,440 0

4,488 2,604 2,373 1,528 0 604 846 230 0 62 1,884 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

848 752 687 437 36 196 250 65 0 36 96 0

867 849 826 613 2 320 213 23 0 8 17 0

854 843 810 584 2 275 226 32 0 9 12 0

1,354 1,341 1,316 964 294 229 352 24 0 5 14 0

1,177 1,139 1,119 750 1 276 369 21 0 3 38 0

1,062 993 971 630 0 241 341 21 0 6 69 0

1,013 900 869 612 0 236 257 31 0 14 113 0

1,139 1,031 985 677 0 277 308 46 0 16 108 0

Non-debt flows (bill US$)

Debt ratios (%)

350 300

250 200

150 100

50 0

0 2003

2004

2005

2006

Foreign direct investment

2007

2008

2009

2010

2011

Portfolio equity flows

2003

2004

2005

2006

Debt to exports

2007

2008

2009

2010

Reserves to debt

2011

MIDDLE-INCOME COUNTRIES (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

2,025,479 1,669,501 1,181,151 488,350 74,140 281,839 24,065

2,456,915 1,888,434 1,204,545 683,889 66,752 501,728 21,597

2,699,540 2,063,841 1,208,911 854,930 40,127 595,572 18,820

3,310,964 2,476,833 1,303,162 1,173,671 36,675 797,456 20,421

3,560,582 2,735,191 1,347,386 1,387,805 45,335 780,056 21,189

3,795,433 2,860,386 1,478,486 1,381,900 136,320 798,728 21,135

4,287,079 3,089,611 1,575,700 1,513,911 147,401 1,050,067 16,264

4,742,750 3,360,885 1,670,227 1,690,658 146,882 1,234,983 13,535

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

44,982 1,175,558 493,943 141,578

32,577 1,200,095 688,339 166,511

30,583 1,204,691 859,150 142,571

32,547 1,298,400 1,178,433 186,527

35,043 1,341,832 1,393,358 176,671

36,006 1,466,979 1,393,407 255,897

27,177 1,563,367 1,526,244 281,741

28,960 1,658,119 1,702,766 261,360

External debt flows Disbursements Long-term external debt IMF purchases

234,424 224,706 9,717

376,167 372,608 3,559

477,835 474,046 3,789

645,644 644,016 1,628

637,266 624,272 12,994

528,621 501,508 27,113

662,363 646,271 16,092

709,435 705,875 3,561

Principal repayments Long-term external debt IMF repurchases

221,004 200,802 20,203

325,584 281,928 43,656

379,320 348,764 30,556

363,151 356,206 6,945

397,501 394,311 3,191

395,214 393,664 1,550

418,796 415,968 2,829

442,202 438,622 3,579

Net flows Long-term external debt Short-term external debt

7,997 23,905 -5,422

136,487 90,680 85,904

195,136 125,282 96,621

482,231 287,810 199,738

221,597 229,962 -18,168

152,124 107,844 18,717

499,777 230,304 256,210

454,879 267,252 187,645

Interest payments Long-term external debt IMF charges Short-term external debt

112,844 93,234 3,706 15,904

103,252 82,452 3,939 16,860

116,348 91,724 2,513 22,111

135,789 106,650 1,512 27,626

136,841 115,583 681 20,577

120,956 106,679 744 13,532

151,643 109,427 1,260 40,956

172,543 126,296 1,450 44,796

146,043 13,948

301,183 67,646

392,662 107,630

549,916 132,767

625,568 -53,601

418,530 114,178

568,008 120,226

627,388 -2,362

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 (%) .. 12.2 0.9 0.4 62.5

14.6 10.0 1.0 0.5 65.4

14.6 9.5 0.7 0.6 66.3

15.1 8.7 0.5 0.6 66.3

13.8 10.4 0.3 0.5 66.7

14.4 9.5 0.4 0.5 67.0

13.0 10.1 0.4 0.4 66.8

12.0 9.8 0.4 0.4 67.5

5.1 18.7 4.7

3.8 20.8 5.3

4.2 21.7 6.0

3.9 21.6 6.2

2.9 22.3 6.3

2.0 20.5 6.2

2.0 22.4 6.7

2.3 21.9 5.5

8.1 11.4 8.5

5.9 13.6 8.1

6.0 12.9 9.3

5.9 13.9 8.2

5.6 13.4 7.4

5.5 14.5 7.1

4.4 16.9 8.1

5.0 19.0 9.4

5,482,664 1,624,742 73,647 1,661,498 67,319 601,808

9,177,232 3,134,591 170,566 3,071,896 193,616 1,901,699

10,931,087 3,834,318 201,465 3,655,665 253,055 2,521,619

13,591,887 4,675,882 244,446 4,508,759 323,641 3,579,875

16,286,556 5,661,018 280,409 5,535,348 375,545 4,024,228

15,844,824 4,528,547 263,664 4,532,450 333,655 4,641,782

19,034,476 5,673,051 292,315 5,774,165 454,059 5,342,254

22,221,880 6,909,606 328,050 7,064,934 482,800 5,832,746

124.7 36.9 20.5 13.9 13.7 29.7 4.3

78.4 26.8 13.7 20.4 12.3 77.4 7.4

70.4 24.7 13.0 22.1 11.0 93.4 8.3

70.8 24.4 10.7 24.1 9.6 108.1 9.5

62.9 21.9 9.4 21.9 9.4 113.0 8.7

83.8 24.0 11.4 21.0 10.1 122.3 12.3

75.6 22.5 10.1 24.5 9.8 124.6 11.1

68.6 21.3 8.9 26.0 9.2 123.0 9.9

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 & prim. income Personal transfers & comp. of employees Imports of goods, services & prim. income Primary income on FDI International reserves

6. Ratios

MIDDLE-INCOME COUNTRIES (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

1,669,501 1,181,151 663,288 276,634 107,600 54,748 386,653 517,863 325,978 125,334 488,350 89,492

1,888,434 1,204,545 614,948 303,336 95,739 74,749 311,613 589,597 406,087 124,243 683,889 136,425

2,063,841 1,208,911 555,232 297,270 91,751 68,618 257,962 653,679 418,846 164,337 854,930 169,586

2,476,833 1,303,162 580,016 317,599 93,158 74,152 262,417 723,147 456,959 192,605 1,173,671 209,347

2,735,191 1,347,386 618,750 335,487 96,219 75,878 283,263 728,636 459,020 185,653 1,387,805 177,106

2,860,386 1,478,486 679,619 381,473 108,220 80,568 298,146 798,866 484,281 196,237 1,381,900 199,588

3,089,611 1,575,700 731,841 421,298 124,356 82,271 310,543 843,859 543,900 197,626 1,513,911 255,395

3,360,885 1,670,227 755,311 438,696 125,681 84,657 316,615 914,916 605,036 192,921 1,690,658 281,045

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

224,706 133,599 48,947 31,300 12,950 3,238 17,647 84,652 55,640 17,993 91,108 10,810

372,608 150,031 41,031 29,751 9,179 4,455 11,280 109,000 64,447 31,749 222,577 40,581

474,046 160,660 49,387 35,784 11,932 4,361 13,604 111,273 60,279 37,394 313,385 50,403

644,016 189,746 54,170 38,931 10,496 4,461 15,238 135,576 74,358 47,912 454,270 63,302

624,272 167,038 62,344 42,475 13,605 3,917 19,869 104,694 63,995 29,713 457,234 12,902

501,508 213,378 92,754 66,516 22,701 5,907 26,238 120,623 70,846 24,878 288,130 39,207

646,271 276,881 100,946 67,113 26,246 4,987 33,833 175,935 103,490 47,366 369,390 78,669

705,875 234,996 80,902 53,317 17,320 6,015 27,585 154,094 96,441 34,209 470,878 91,448

200,802 102,808 46,071 21,899 9,312 678 24,171 56,737 22,293 23,135 97,994 15,032

281,928 144,100 68,350 25,532 12,124 1,245 42,817 75,750 44,639 22,328 137,828 15,063

348,764 188,628 95,203 35,258 17,182 1,372 59,945 93,425 59,137 24,919 160,136 17,980

356,206 135,791 51,114 24,994 10,697 1,443 26,119 84,677 50,220 24,686 220,415 20,499

394,311 146,203 47,783 25,622 10,919 1,706 22,162 98,420 54,530 34,185 248,108 30,970

393,664 125,552 44,661 24,272 10,858 1,765 20,389 80,890 31,859 34,785 268,112 17,153

415,968 137,822 47,171 24,613 9,160 1,835 22,558 90,651 34,577 41,262 278,145 17,925

438,622 140,796 57,299 33,103 15,244 3,305 24,197 83,497 36,917 36,489 297,826 27,165

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

93,234 62,668 25,272 14,782 7,420 382 10,490 37,395 25,105 8,641 30,567 7,776

82,452 59,775 23,059 9,929 4,017 577 13,130 36,715 30,308 4,872 22,678 7,994

91,724 55,213 18,875 11,059 4,780 536 7,815 36,338 28,841 5,979 36,511 12,488

106,650 59,739 18,879 11,901 5,140 529 6,978 40,860 31,707 6,388 46,911 13,461

115,583 58,188 17,883 11,561 4,575 632 6,322 40,305 30,675 6,465 57,395 11,346

106,679 53,996 15,978 9,902 3,431 558 6,076 38,019 29,165 5,867 52,683 11,788

109,427 55,260 15,703 8,299 2,263 588 7,403 39,557 31,482 4,139 54,167 14,099

126,296 58,950 16,135 8,908 2,320 662 7,227 42,815 36,460 4,402 67,346 19,524

Non-debt flows (bill US$)

750

500

100

250

0 2003

2004

2005

2006

Foreign direct investment

2007

2008

Debt ratios (%)

150

2009

2010

2011

Portfolio equity flows

2003

2004

2005

2006

Debt to exports

2007

2008

2009

2010

Reserves to debt

2011

Country Tables

AFGHANISTAN (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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 .. ..

969 911 911 0 40 18 18

2,013 1,893 1,893 0 99 21 21

2,134 1,985 1,985 0 131 17 17

2,470 2,097 2,097 0 353 20 20

2,423 1,966 1,966 0 355 102 67

2,623 2,023 2,023 0 373 228 210

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

.. .. .. ..

87 910 0 130

89 1,893 0 37

56 1,985 0 58

54 2,097 0 0

54 1,966 0 0

54 2,023 0 0

External debt flows Disbursements Long-term external debt IMF purchases

.. .. 0

146 146 0

202 147 55

132 96 36

126 109 17

85 76 9

81 62 19

Principal repayments Long-term external debt IMF repurchases

.. .. 0

3 3 0

1 1 0

3 3 0

1 1 0

Net flows Long-term external debt Short-term external debt

.. .. ..

143 143 143

201 146 146

131 95 95

123 106 106

119 75 75

63 61 61

Interest payments Long-term external debt IMF charges Short-term external debt

.. .. 2 ..

.. .. 1 ..

7 6 2 0

5 3 2 0

7 6 1 0

8 7 1 0

9 7 1 1

10 9 0 1

.. ..

238 ..

189 ..

94 ..

76 ..

211 ..

83 ..

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 71.9

0.0 0.0 1.4 0.0 81.9

0.0 0.0 0.0 0.0 82.6

0.0 0.0 0.0 0.0 79.9

0.0 0.0 0.0 0.0 75.3

0.0 0.0 0.0 0.0 73.7

.. .. .. .. .. .. ..

1.2 39.8 10.3

1.4 31.6 8.1

0.5 34.6 10.0

0.0 0.0 0.0

.. .. .. .. .. .. ..

8,209 .. .. .. .. .. ..

10,150 .. .. .. .. .. ..

10,810 .. .. .. .. .. 2,431

12,578 .. .. .. .. .. 3,501

15,162 .. .. .. .. .. 4,174

.. .. .. .. .. .. 5,268

.. .. .. .. .. .. ..

.. 11.8 .. 1.9 67.4 .. ..

.. 19.8 .. 1.0 40.7 .. ..

.. 19.7 .. 0.8 42.3 113.9 ..

.. 19.6 .. 0.8 41.2 141.8 ..

.. 16.0 .. 4.2 41.9 172.3 ..

.. .. .. 8.7 40.9 200.8 ..

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 & prim. income Personal transfers & comp. of employees Imports of goods, services & prim. income Primary income on FDI Current account balance International reserves

6. Ratios

AFGHANISTAN (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

.. .. .. .. 0 0 .. .. .. .. .. .. .. .. .. .. 0 0 .. .. .. .. .. .. .. .. .. .. 0 0 .. .. .. .. .. .. .. .. .. .. 0 0 .. .. .. .. .. ..

.. .. .. .. 0 294 .. .. .. .. .. .. .. .. .. .. 0 84 .. .. .. .. .. .. .. .. .. .. 0 3 .. .. .. .. .. .. .. .. .. .. 0 3 .. .. .. .. .. ..

911 911 910 654 0 343 257 0 0 0 0 0 146 146 146 107 0 39 40 0 0 0 0 0 3 3 3 3 0 3 0 0 0 0 0 0 6 6 6 6 0 3 0 0 0 0 0 0

1,893 1,893 1,893 819 0 399 1,074 0 0 0 0 0 147 147 147 140 0 44 7 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

1,985 1,985 1,985 904 0 438 1,081 0 0 0 0 0 96 96 96 96 0 44 1 0 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 6 6 6 6 0 2 0 0 0 0 0 0

2,097 2,097 2,097 1,017 0 466 1,080 0 0 0 0 0 109 109 109 109 0 27 0 0 0 0 0 0 3 3 3 1 0 0 2 0 0 0 0 0 7 7 7 7 0 2 0 0 0 0 0 0

1,966 1,966 1,966 1,016 0 406 950 0 0 0 0 0 76 76 76 76 0 8 0 0 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 7 7 7 7 0 2 0 0 0 0 0 0

2,023 2,023 2,023 1,073 0 413 950 0 0 0 0 0 62 62 62 62 0 8 0 0 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 9 9 9 9 0 2 0 0 0 0 0 0

.. ..

232 143

1,044 201

121 131

336 123

-47 119

200 63

.. .. ..

95 0 0

842 21 0

52 52 0

1 4 0

0 204 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 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 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 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. 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

2012

2013

2014

2015

2016

2017

2018

2019

23 18

34 17

89 59

98 56

102 54

94 50

85 47

86 44

0 0

Notes: Short-term debt is based on data from the BIS. Data include the effects of Paris Club debt restructuring agreements signed in 2010 and MDRI and HIPC debt relief. 53

ALBANIA

(US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

1,123 937 921 16 148 37 3

2,101 1,788 1,375 413 158 155 1

2,466 1,917 1,579 339 162 386 1

2,899 2,225 1,790 435 163 511 1

3,940 2,858 2,220 638 152 930 0

4,661 3,682 2,799 884 144 835 0

4,877 4,175 3,140 1,035 129 573 0

5,938 4,930 3,198 1,732 117 890 0

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

271 920 17 176

16 1,375 413 224

16 1,579 339 311

17 1,790 435 280

1 2,220 638 610

0 2,799 884 544

0 3,140 1,035 633

0 3,198 1,732 426

External debt flows Disbursements Long-term external debt IMF purchases

138 119 19

501 489 12

188 180 7

299 291 7

794 786 8

730 726 4

859 859 0

757 757 0

Principal repayments Long-term external debt IMF repurchases

16 9 7

50 41 9

153 142 11

89 74 14

90 74 15

126 112 14

224 212 12

257 245 12

Net flows Long-term external debt Short-term external debt

130 110 8

605 448 154

266 38 231

334 217 124

1,125 712 420

509 613 -95

373 647 -262

816 512 317

Interest payments Long-term external debt IMF charges Short-term external debt

14 8 4 2

31 25 3 4

48 28 3 17

62 33 3 26

67 48 1 17

89 77 1 11

82 74 0 8

125 115 0 10

143 ..

262 ..

325 ..

652 ..

1,241 23

1,343 -4

1,089 7

1,363 2

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

.. 3.2 0.0 0.0 72.5

28.4 3.9 0.0 0.0 57.6

31.4 3.4 0.0 0.0 54.2

35.4 3.0 0.0 0.0 50.3

47.4 2.8 0.0 0.0 39.5

55.0 2.1 0.0 0.0 33.1

59.5 2.1 0.0 0.0 28.7

58.9 2.1 0.0 0.0 29.0

3.5 30.1 10.7

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

3.7 16.6 4.1

1.3 17.3 3.1

1.4 24.4 13.4

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

0.0 8.7 4.2

3,790 819 598 1,509 0 -156 616

8,541 1,687 1,290 3,553 2 -571 1,404

9,386 2,202 1,359 4,142 5 -671 1,769

11,006 2,847 1,468 5,429 9 -1,151 2,104

13,135 3,751 1,495 7,149 301 -2,018 2,320

12,009 3,439 1,318 6,598 448 -1,851 2,314

11,754 3,704 1,156 6,280 381 -1,353 2,470

12,900 4,099 1,162 6,999 114 -1,595 2,394

137.0 29.6 3.7 3.3 38.0 54.8 4.9

124.5 24.6 4.8 7.4 41.1 66.8 4.7

112.0 26.3 9.2 15.7 40.9 71.7 5.1

101.8 26.3 5.3 17.6 40.6 72.6 4.7

105.0 30.0 4.2 23.6 32.8 58.9 3.9

135.5 38.8 6.3 17.9 31.5 49.6 4.2

131.7 41.5 8.3 11.8 31.2 50.6 4.7

144.9 46.0 9.3 15.0 28.0 40.3 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

6. Ratios

ALBANIA (US$ million, unless otherwise indicated)

2000

2005

2006

2007

2008

2009

2010

2011

937 921 895 426 0 346 469 26 0 4 16 0

1,788 1,375 1,343 864 0 655 478 32 0 10 413 0

1,917 1,579 1,545 1,009 0 729 535 34 0 10 339 0

2,225 1,790 1,758 1,176 6 803 583 32 0 11 435 0

2,858 2,220 1,869 1,292 17 817 577 351 0 336 638 0

3,682 2,799 2,124 1,466 24 849 657 675 0 640 884 0

4,175 3,140 2,152 1,520 26 850 632 988 401 511 1,035 0

4,930 3,198 2,286 1,661 51 859 625 912 388 418 1,732 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

119 119 119 101 0 64 18 0 0 0 0 0

489 119 119 85 0 34 34 0 0 0 370 0

180 168 168 115 0 46 53 0 0 0 12 0

291 165 163 131 5 48 32 1 0 0 127 0

786 566 210 172 12 27 38 356 0 345 220 0

726 559 256 191 7 34 66 303 0 284 167 0

859 631 184 149 3 26 35 447 398 6 228 0

757 328 283 236 29 24 47 44 0 9 429 0

9 9 8 2 0 0 6 1 0 0 0 0

41 40 38 18 0 4 21 1 0 1 1 0

142 57 53 23 0 5 30 4 0 1 85 0

74 55 51 26 0 6 25 5 0 1 19 0

74 58 56 27 0 7 29 1 0 1 17 0

112 80 78 40 0 9 39 2 0 1 32 0

212 174 87 46 0 11 41 88 0 88 38 0

245 204 112 68 2 12 44 92 0 92 41 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 7 7 4 0 2 3 0 0 0 1 0

25 23 23 14 0 5 9 0 0 0 1 0

28 25 25 14 0 6 11 0 0 0 3 0

33 31 31 18 0 6 13 0 0 0 2 0

48 44 35 24 1 6 11 9 0 9 5 0

77 69 35 24 1 6 11 34 0 34 8 0

74 65 31 22 0 6 9 34 0 34 8 0

115 106 37 28 1 7 9 69 31 38 8 0

349 130

494 605

365 266

433 334

1,041 1,125

722 509

216 373

1,060 816

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

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

2012

2013

2014

2015

2016

2017

2018

2019

133 43

151 47

169 47

197 46

186 43

191 39

194 35

181 31

631 53

324 50

294 46

626 43

201 11

168 8

168 6

39 5

Notes: Long-term private nonguaranteed debt data are World Bank staff estimates based on reports provided by the country.

ALGERIA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

25,449 23,342 23,342 0 1,886 222 0

17,057 16,357 15,491 866 184 516 0

5,875 5,140 3,836 1,304 194 541 0

6,098 5,145 3,996 1,148 203 750 0

6,210 4,708 3,265 1,444 198 1,304 0

7,368 3,998 3,016 982 1,878 1,492 0

7,211 3,588 2,620 968 1,845 1,778 0

6,072 3,091 2,213 878 1,840 1,142 0

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

0 23,220 122 1,419

0 15,317 1,040 470

0 3,776 1,364 220

0 3,774 1,371 154

0 3,069 1,640 26

0 2,828 1,170 5

0 2,471 1,117 0

0 2,086 1,005 0

External debt flows Disbursements Long-term external debt IMF purchases

1,215 1,215 0

1,239 1,239 0

816 816 0

623 623 0

673 673 0

208 208 0

40 40 0

29 29 0

Principal repayments Long-term external debt IMF repurchases

2,813 2,721 93

5,057 4,446 612

12,788 12,788 0

1,134 1,134 0

1,056 1,056 0

907 907 0

554 554 0

531 531 0

Net flows Long-term external debt Short-term external debt

-1,572 -1,506 27

-3,733 -3,207 85

-11,947 -11,972 25

-302 -511 209

171 -383 554

-510 -699 189

-228 -514 286

-1,139 -502 -637

Interest payments Long-term external debt IMF charges Short-term external debt

1,662 1,552 100 10

927 888 24 15

634 610 9 15

231 202 7 22

193 160 2 31

145 122 4 18

118 94 6 18

103 79 2 21

280 ..

1,156 ..

1,841 ..

1,834 ..

2,675 ..

3,053 ..

2,331 ..

2,721 ..

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

.. 14.5 1.0 0.5 44.7

40.5 8.2 1.4 0.8 40.9

58.9 6.2 0.0 0.1 29.4

60.1 4.7 0.0 0.1 28.8

59.6 5.1 0.0 0.0 29.5

60.6 4.3 0.0 0.0 29.3

58.3 4.7 0.0 0.0 30.5

59.3 0.9 0.0 0.0 32.9

6.2 15.0 4.1

3.1 13.8 3.9

0.6 18.4 3.9

1.2 16.4 7.2

0.0 0.0 0.0

2.0 21.8 6.7

0.0 0.0 0.0

6.2 7.4 1.9

0.8 11.2 4.0

3.5 12.0 3.1

3.1 6.9 2.7

3.8 4.8 4.8

0.0 0.0 0.0

52,080 .. 790 .. .. .. 12,024

97,259 50,268 170 31,155 5,485 21,180 56,303

112,669 59,721 189 32,409 6,295 28,923 77,914

134,004 67,230 98 38,818 5,405 30,631 110,318

169,689 87,212 104 55,546 6,206 34,440 143,243

139,577 52,915 150 55,146 5,892 401 149,041

155,538 65,253 196 55,757 4,855 12,146 162,614

181,167 80,960 203 63,918 6,313 19,688 182,822

.. 48.9 .. 0.9 16.2 47.2 ..

33.9 17.5 11.9 3.0 14.3 330.1 21.7

9.8 5.2 22.5 9.2 2.5 1,326.3 28.8

9.1 4.6 2.0 12.3 2.2 1,809.2 34.1

7.1 3.7 1.4 21.0 0.2 2,306.5 30.9

13.9 5.3 2.0 20.3 0.2 2,022.7 32.4

11.1 4.6 1.0 24.7 0.1 2,255.1 35.0

7.5 3.4 0.8 18.8 0.1 3,010.9 34.3

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

6. Ratios

ALGERIA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

23,342 23,342 17,490 4,123 1,425 0 13,367 5,851 0 2,508 0 0

16,357 15,491 12,464 2,443 779 0 10,022 3,027 0 1,038 866 0

5,140 3,836 2,131 144 119 0 1,987 1,706 0 59 1,304 0

5,145 3,996 2,303 136 113 0 2,168 1,693 0 76 1,148 0

4,708 3,265 2,091 13 11 0 2,078 1,174 0 87 1,444 0

3,998 3,016 2,055 11 10 0 2,043 961 0 83 982 0

3,588 2,620 1,854 10 9 0 1,844 766 0 69 968 0

3,091 2,213 1,610 8 8 0 1,602 603 0 59 878 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

1,215 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

816 365 223 54 16 0 170 141 0 37 451 0

623 319 146 6 6 0 140 173 0 20 304 0

673 266 195 5 5 0 190 71 0 29 407 0

208 85 83 0 0 0 83 2 0 1 123 0

40 39 37 0 0 0 37 1 0 1 2 0

29 29 25 0 0 0 25 4 0 2 0 0

2,721 2,721 1,055 351 172 0 704 1,666 0 439 0 0

4,446 4,217 3,012 1,190 156 0 1,821 1,205 0 348 229 0

12,788 12,637 10,972 2,396 677 0 8,576 1,664 0 1,029 151 0

1,134 603 211 16 12 0 195 391 0 11 532 0

1,056 912 368 127 107 0 241 544 0 13 144 0

907 385 152 1 1 0 151 233 0 8 522 0

554 321 164 2 1 0 162 157 0 9 234 0

531 410 249 1 1 0 248 161 0 10 121 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

1,552 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

122 74 33 1 1 0 32 41 0 3 49 0

94 63 34 1 1 0 33 29 0 2 31 0

79 57 31 0 0 0 30 26 0 2 22 0

-2,734 -1,572

-5,330 -3,733

-11,182 -11,947

223 -302

113 171

1,158 -510

-157 -228

-1,139 -1,139

0 0 0

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

2012

2013

2014

2015

2016

2017

2018

2019

306 35

227 31

214 27

181 23

168 20

153 17

94 14

97 12

383 56

276 42

226 30

162 22

140 16

106 10

73 5

44 3

ANGOLA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

9,763 8,085 8,085 0 356 1,323 874

12,224 9,518 9,518 0 390 2,316 577

9,890 7,348 7,348 0 411 2,132 161

11,932 9,231 9,231 0 431 2,270 89

15,502 12,690 12,690 0 421 2,391 70

17,014 13,635 13,635 0 787 2,593 85

19,004 15,466 15,466 0 1,302 2,236 68

21,115 17,518 17,518 0 1,606 1,992 62

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

2,853 8,059 26 1,033

1,877 9,506 12 14,150

700 7,341 7 2,036

327 9,229 2 4,378

254 12,689 1 4,188

306 13,634 0 5,705

274 15,466 0 5,464

261 17,517 0 10,983

External debt flows Disbursements Long-term external debt IMF purchases

1,045 1,045 0

3,676 3,676 0

1,223 1,223 0

5,647 5,647 0

4,622 4,622 0

3,896 3,543 353

4,475 3,951 524

5,098 4,781 316

Principal repayments Long-term external debt IMF repurchases

1,530 1,530 0

2,289 2,289 0

3,508 3,508 0

3,779 3,779 0

1,130 1,130 0

3,131 3,131 0

2,110 2,110 0

2,672 2,672 0

Net flows Long-term external debt Short-term external debt

-733 -485 -248

2,603 1,387 1,216

-2,054 -2,286 232

2,079 1,869 210

3,632 3,492 140

952 412 187

2,025 1,841 -340

2,188 2,110 -238

Interest payments Long-term external debt IMF charges Short-term external debt

191 149 16 26

326 257 12 57

920 820 16 83

711 579 14 118

502 443 4 55

424 392 1 30

214 176 7 30

202 154 15 32

879 ..

-1,304 ..

-38 ..

-893 ..

1,679 ..

2,205 ..

-3,227 ..

.. ..

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

.. 0.5 1.0 0.1 86.3

8.2 0.3 0.9 0.0 87.8

6.2 0.0 0.2 0.0 90.4

6.4 0.0 0.2 0.0 91.0

7.6 0.0 0.1 0.0 90.5

9.7 0.0 0.1 0.0 88.5

8.6 0.0 0.1 0.0 89.8

8.4 0.1 0.1 0.0 90.1

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

8.7 15.5 2.2

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

4.6 9.9 0.3

7,449 8,222 .. 7,454 929 796 1,198

24,203 24,312 .. 19,201 3,406 5,138 3,197

35,612 33,492 .. 22,612 5,278 10,690 8,599

52,850 45,329 .. 34,526 7,268 10,581 11,197

70,460 64,666 82 57,261 13,185 7,194 17,869

68,669 41,582 .. 48,784 6,130 -7,572 13,664

74,299 51,586 18 43,727 7,526 7,421 19,749

90,046 67,666 .. 55,883 .. 11,306 28,786

118.7 131.1 20.9 13.5 3.0 12.3 1.9

50.3 50.5 10.8 18.9 3.0 26.2 2.0

29.5 27.8 13.2 21.6 4.1 86.9 4.6

26.3 22.6 9.9 19.0 3.6 93.8 3.9

24.0 22.0 2.5 15.4 2.8 115.3 3.7

40.9 24.8 8.5 15.2 2.6 80.3 3.4

36.8 25.6 4.5 11.8 2.3 103.9 5.4

31.2 23.4 4.2 9.4 2.1 136.3 6.2

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

6. Ratios

ANGOLA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

7,348 7,348 2,588 402 0 347 2,186 4,760 0 3,928 0 0

9,231 9,231 3,210 424 0 365 2,786 6,021 0 5,248 0 0

12,690 12,690 4,008 429 0 369 3,580 8,682 0 7,790 0 0

13,635 13,635 4,822 448 0 385 4,373 8,813 0 7,939 0 0

15,466 15,466 8,161 445 0 378 7,716 7,305 0 6,241 0 0

17,518 17,518 9,659 454 0 384 9,205 7,858 10 6,733 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

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

1,223 1,223 506 21 0 18 485 717 0 573 0 0

5,647 5,647 952 10 0 8 942 4,695 0 4,562 0 0

4,622 4,622 1,101 16 0 12 1,084 3,521 0 3,276 0 0

3,543 3,543 1,111 23 0 19 1,088 2,432 0 2,292 0 0

3,951 3,951 3,658 13 0 6 3,646 293 0 24 0 0

4,781 4,781 2,303 21 0 15 2,283 2,478 10 2,324 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

3,508 3,508 1,201 9 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

1,130 1,130 276 8 0 6 267 854 0 715 0 0

3,131 3,131 310 8 0 6 302 2,821 0 2,663 0 0

2,110 2,110 283 10 0 7 273 1,827 0 1,784 0 0

2,672 2,672 797 10 0 7 787 1,874 0 1,809 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

149 149 36 28 0 2 8 113 0 93 0 0

257 257 61 4 0 3 57 195 0 160 0 0

820 820 360 3 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

176 176 114 5 0 4 109 63 0 53 0 0

154 154 79 5 0 4 74 75 0 66 0 0

-910 -733

2,438 2,603

-2,333 -2,054

2,041 2,079

3,570 3,632

1,513 952

1,990 2,025

2,111 2,188

0 0 0

0 122 0

2 400 0

21 72 0

67 25 0

0 18 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

2012

2013

2014

2015

2016

2017

2018

2019

1,950 375

1,960 643

2,321 752

2,289 737

2,285 676

2,090 599

1,445 513

425 450

3,017 275

2,022 215

1,459 167

756 125

457 95

452 69

394 44

350 26

Notes: Short-term debt is based on data from the BIS.

ARGENTINA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

147,029 113,234 87,324 25,909 5,470 28,325 10

127,452 82,640 56,279 26,361 9,968 34,844 7,738

118,411 89,628 62,818 26,811 479 28,304 7,457

120,418 100,643 70,614 30,028 503 19,272 9,462

121,894 101,421 71,123 30,298 490 19,983 10,009

126,687 103,676 75,953 27,723 3,167 19,844 10,774

111,768 94,766 69,253 25,514 3,111 13,891 5,464

114,704 94,935 68,285 26,650 3,101 16,668 6,115

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

0 87,218 26,015 11,986

11,225 56,191 26,448 2,462

12,165 62,648 26,980 5,747

16,227 70,444 30,199 8,013

18,515 70,966 30,455 4,969

19,712 75,820 27,857 3,450

9,225 69,144 25,623 1,263

13,639 68,184 26,751 3,411

External debt flows Disbursements Long-term external debt IMF purchases

20,889 18,794 2,094

4,727 4,727 0

8,806 8,806 0

9,572 9,572 0

7,036 7,036 0

7,547 7,547 0

6,893 6,893 0

10,768 10,768 0

Principal repayments Long-term external debt IMF repurchases

12,968 11,689 1,280

7,021 3,450 3,571

14,833 5,039 9,793

5,192 5,192 0

4,651 4,651 0

11,225 11,225 0

10,693 10,693 0

11,968 11,968 0

Net flows Long-term external debt Short-term external debt

6,820 7,106 -1,100

14,812 1,277 17,106

-12,285 3,767 -6,259

-6,657 4,380 -11,037

2,548 2,384 164

-4,581 -3,677 -904

-4,444 -3,801 -643

926 -1,200 2,126

Interest payments Long-term external debt IMF charges Short-term external debt

11,782 9,837 213 1,732

3,022 2,154 524 344

4,045 3,006 102 937

3,524 2,948 17 559

3,193 2,947 4 242

3,477 3,356 7 113

3,644 3,524 10 110

3,555 3,388 3 164

10,418 -3,227

5,265 -48

5,537 707

6,473 1,785

9,726 -531

4,017 -212

7,055 -208

7,080 -174

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

.. 5.8 0.5 0.4 57.1

35.4 2.6 0.1 0.4 54.7

35.5 2.4 0.1 0.4 56.1

37.7 2.2 0.1 0.4 54.5

35.7 2.8 0.1 0.4 56.8

34.7 2.5 0.1 0.4 58.2

29.2 3.0 0.0 0.4 63.9

28.5 3.2 0.0 0.4 65.5

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

1.8 26.3 3.9

1.3 24.6 4.0

1.1 24.1 5.4

10.0 11.6 11.6

5.0 8.4 3.7

5.7 11.1 6.0

7.1 12.6 10.6

6.8 12.8 11.3

4.6 17.8 10.9

3.4 13.0 4.0

0.0 0.0 0.0

276,656 38,697 86 48,076 3,086 -8,981 25,147

176,985 51,204 432 46,414 5,456 5,274 27,179

208,884 60,116 541 52,809 7,112 7,767 30,903

255,510 72,794 606 65,793 7,283 7,354 44,682

319,508 87,609 698 81,023 7,902 6,756 44,855

297,639 69,991 621 61,706 8,360 8,338 46,093

358,595 83,774 637 80,546 8,530 2,830 49,734

435,335 101,412 686 100,955 8,951 -6 43,227

380.0 53.1 64.0 19.3 11.2 17.1 6.3

248.9 72.0 19.6 27.3 12.3 21.3 7.0

197.0 56.7 36.4 23.9 12.8 26.1 7.0

165.4 47.1 12.0 16.0 12.5 37.1 8.1

139.1 38.2 9.0 16.4 12.2 36.8 6.6

181.0 42.6 21.0 15.7 12.8 36.4 9.0

133.4 31.2 17.1 12.4 15.2 44.5 7.4

113.1 26.3 15.3 14.5 15.6 37.7 5.1

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

6. Ratios

ARGENTINA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

113,234 87,324 20,822 16,499 8,789 0 4,323 66,503 65,976 294 25,909 11,138

82,640 56,279 20,564 15,699 6,881 0 4,864 35,715 35,207 171 26,361 8,772

89,628 62,818 20,399 15,104 6,206 0 5,295 42,419 41,867 201 26,811 10,138

100,643 70,614 20,681 15,046 5,674 0 5,635 49,934 48,937 211 30,028 12,073

101,421 71,123 20,785 14,903 5,069 0 5,882 50,339 49,375 205 30,298 7,921

103,676 75,953 22,539 16,267 5,305 0 6,272 53,414 51,561 1,137 27,723 6,850

94,766 69,253 23,109 17,016 5,349 0 6,093 46,144 44,773 713 25,514 7,855

94,935 68,285 23,750 17,931 5,555 0 5,819 44,535 43,485 446 26,650 9,129

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

18,794 14,312 1,971 1,945 1,019 0 26 12,341 12,339 2 4,482 1,408

4,727 3,219 993 989 362 0 4 2,227 2,227 0 1,507 540

8,806 3,910 1,668 1,664 459 0 4 2,242 2,242 0 4,896 2,896

9,572 6,131 2,383 2,373 505 0 10 3,747 3,747 0 3,441 2,241

7,036 4,046 2,020 1,998 332 0 22 2,026 2,026 0 2,990 0

7,547 3,602 3,499 3,070 1,028 0 429 103 103 0 3,946 476

6,893 2,592 2,455 2,437 787 0 18 137 90 25 4,300 2,037

10,768 2,605 2,582 2,577 841 0 4 23 0 12 8,163 1,320

11,689 6,185 1,871 852 538 0 1,019 4,314 4,097 162 5,503 2,309

3,450 1,684 1,501 1,472 928 0 28 183 182 0 1,766 680

5,039 2,553 2,376 2,365 1,134 0 11 177 175 1 2,487 1,303

5,192 3,251 2,697 2,587 1,037 0 110 554 554 0 1,941 606

4,651 2,383 2,380 2,266 936 0 114 3 3 0 2,268 2,009

11,225 5,511 1,796 1,650 793 0 146 3,715 1,232 2,428 5,714 450

10,693 5,038 1,923 1,652 741 0 271 3,115 2,828 233 5,655 969

11,968 5,257 1,908 1,611 630 0 297 3,349 3,016 279 6,712 26

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

9,837 7,797 1,600 1,265 701 0 335 6,196 6,055 121 2,041 1,109

2,154 1,438 756 751 288 0 5 682 682 0 716 585

3,006 1,356 847 843 346 0 4 509 508 0 1,650 1,135

2,948 1,665 874 869 350 0 4 792 792 0 1,282 759

2,947 1,741 768 723 258 0 45 973 973 0 1,206 710

3,356 2,022 661 585 169 0 76 1,361 1,238 87 1,335 562

3,524 2,436 614 553 147 0 61 1,821 1,764 28 1,089 567

3,388 2,449 571 521 138 0 51 1,878 1,833 21 938 717

-2,985 6,820

-37,464 14,812

-9,041 -12,285

2,007 -6,657

1,476 2,548

4,792 -4,581

-14,919 -4,444

2,936 926

0 1,505 2,745

20,136 40,333 0

2,096 3 0

983 0 0

0 0 0

0 10 0

8,107 9,348 0

16 227 0

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

2012

2013

2014

2015

2016

2017

2018

2019

2,447 478

2,029 438

2,030 396

2,024 350

1,903 304

1,694 265

1,631 231

1,377 199

5,371 4,183

3,903 3,848

2,257 3,506

4,913 3,277

2,860 2,824

8,106 2,411

2,125 1,914

1,074 1,644

Notes: Long-term private nonguaranteed debt data from 2009 are reported by the country. Historical data are World Bank staff estimates. Long-term provincial debt data are World Bank staff estimates. 61

ARMENIA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

1,010 675 675 0 290 44 6

1,968 1,368 923 446 302 298 0

2,136 1,533 1,037 496 296 307 0

3,037 2,281 1,282 999 297 459 0

3,541 2,818 1,446 1,373 270 453 0

5,023 3,778 2,376 1,401 725 521 0

6,241 4,744 2,557 2,187 876 621 0

7,383 5,551 2,736 2,815 963 869 0

4 675 0 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

0 2,736 2,815 368

External debt flows Disbursements Long-term external debt IMF purchases

63 63 0

177 168 10

175 165 10

761 751 10

783 776 7

1,713 1,247 466

1,919 1,734 184

1,603 1,488 114

Principal repayments Long-term external debt IMF repurchases

31 15 16

104 69 34

80 49 31

82 58 24

280 253 27

323 300 23

879 857 22

758 735 23

Net flows Long-term external debt Short-term external debt

21 48 -11

-38 98 -112

104 116 9

831 693 152

497 523 -6

1,458 947 68

1,139 877 99

1,094 753 249

Interest payments Long-term external debt IMF charges Short-term external debt

20 9 8 2

39 23 5 11

75 59 6 11

111 91 5 15

87 70 2 15

100 79 4 17

90 60 9 21

168 126 13 29

104 0

239 1

453 -1

699 0

935 -1

777 1

570 0

525 0

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 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

7.8 14.5 0.0 0.0 60.8

0.8 35.7 10.2

0.8 39.6 10.1

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

0.9 24.3 5.9

0.0 0.0 0.0

0.7 14.4 3.9

0.0 0.0 0.0

1,964 551 87 1,017 22 -278 302

5,033 1,873 487 2,448 170 -52 669

6,600 2,134 650 2,945 244 -117 1,072

9,485 2,587 837 4,121 332 -590 1,659

12,133 2,751 1,053 5,271 279 -1,383 1,407

8,815 2,053 763 4,236 332 -1,369 2,004

9,710 2,896 991 4,833 364 -1,373 1,866

10,803 3,639 1,994 5,495 375 -1,134 1,932

183.4 51.4 9.2 4.4 48.0 29.9 3.6

105.1 39.1 7.6 15.1 41.1 34.0 3.3

100.1 32.4 7.3 14.4 42.3 50.2 4.4

117.4 32.0 7.5 15.1 34.3 54.6 4.8

128.7 29.2 13.3 12.8 31.4 39.7 3.2

244.7 57.0 20.6 10.4 28.4 39.9 5.7

215.5 64.3 33.4 9.9 24.2 29.9 4.6

202.9 68.3 25.4 11.8 22.3 26.2 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

6. Ratios

ARMENIA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

675 675 658 485 8 388 173 17 0 5 0 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

5,551 2,736 2,733 1,647 151 1,187 1,086 4 0 2 2,815 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

63 63 62 58 0 54 4 1 0 0 0 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

1,488 206 204 165 46 49 39 2 0 2 1,282 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

735 28 28 21 1 18 7 0 0 0 707 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 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

126 38 38 14 1 9 24 0 0 0 88 0

-13 21

-138 -38

168 104

901 831

504 497

1,482 1,458

1,217 1,139

1,143 1,094

14 0 0

0 0 0

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

2012

2013

2014

2015

2016

2017

2018

2019

32 43

83 43

100 44

122 43

132 42

147 40

156 38

171 35

764 123

538 91

481 63

284 46

227 32

170 22

142 14

114 7

Notes: Long-term private nonguaranteed debt data for 2011 are World Bank staff estimates.

AZERBAIJAN (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

1,585 893 794 99 536 156 0

2,160 1,591 1,404 187 383 186 0

2,722 1,837 1,733 104 365 520 0

3,763 2,374 2,231 143 346 1,043 0

4,498 3,013 2,686 327 316 1,169 0

4,771 3,658 3,345 314 303 810 0

7,209 6,049 3,891 2,158 282 878 0

8,427 7,272 4,655 2,616 265 891 0

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

0 794 99 202

0 1,404 187 1,387

0 1,733 104 412

0 2,231 143 723

0 2,686 327 1,928

0 3,345 314 1,627

0 3,891 2,158 823

0 4,655 2,616 175

External debt flows Disbursements Long-term external debt IMF purchases

306 306 0

449 430 19

468 468 0

490 490 0

741 741 0

870 870 0

2,780 2,780 0

2,110 2,110 0

Principal repayments Long-term external debt IMF repurchases

74 22 51

200 152 48

206 169 37

90 53 37

174 152 22

264 246 19

315 300 15

901 883 17

Net flows Long-term external debt Short-term external debt

360 284 127

297 279 48

596 299 334

923 437 523

694 589 126

247 624 -359

2,532 2,479 68

1,222 1,226 13

Interest payments Long-term external debt IMF charges Short-term external debt

65 37 23 5

42 26 9 6

65 39 11 15

105 78 9 18

124 88 3 33

84 64 1 19

96 75 1 20

972 953 0 19

130 0

4,476 0

4,486 1

4,360 2

3,987 0

2,900 0

3,353 1

4,485 0

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

.. 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 51.5

27.0 12.7 0.0 1.0 51.3

28.9 13.8 0.0 0.6 49.4

29.2 16.0 0.0 0.2 48.2

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

1.0 19.3 2.6

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

0.0 0.0 0.0

4,987 2,174 57 2,415 317 -168 680

11,599 8,341 623 8,658 1,582 167 1,178

18,302 13,994 790 10,853 2,624 3,708 2,500

27,970 22,683 1,268 14,669 4,995 9,019 4,273

43,586 32,484 1,518 17,082 5,401 16,453 6,467

40,772 23,311 1,255 13,858 3,664 10,175 5,364

49,437 28,910 1,410 14,379 3,815 15,040 6,409

56,402 38,058 1,893 21,586 5,488 17,145 10,274

72.9 31.8 6.4 9.9 20.4 42.9 3.4

25.9 18.6 2.9 8.6 29.1 54.5 1.6

19.5 14.9 1.9 19.1 27.0 91.9 2.8

16.6 13.5 0.9 27.7 25.6 113.6 3.5

13.8 10.3 0.9 26.0 25.3 143.8 4.5

20.5 11.7 1.5 17.0 30.6 112.4 4.6

24.9 14.6 1.4 12.2 24.2 88.9 5.3

22.1 14.9 4.9 10.6 25.5 121.9 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

6. Ratios

AZERBAIJAN (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

893 794 656 323 0 216 333 138 0 113 99 0

1,591 1,404 1,129 630 0 501 500 274 0 274 187 0

1,837 1,733 1,276 734 5 583 542 457 0 403 104 0

2,374 2,231 1,538 962 21 660 576 693 0 552 143 0

3,013 2,686 1,857 1,138 78 698 719 829 0 634 327 0

3,658 3,345 2,177 1,460 199 739 717 1,168 0 949 314 0

6,049 3,891 2,664 1,744 300 763 920 1,226 0 1,023 2,158 0

7,272 4,655 3,365 2,152 469 806 1,213 1,290 0 1,078 2,616 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

306 301 213 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

2,110 1,047 816 477 168 58 339 231 0 204 1,063 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

883 275 136 57 0 12 79 139 0 121 609 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

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

953 82 43 32 3 6 11 39 0 36 871 0

296 360

76 297

562 596

1,041 923

735 694

273 247

2,438 2,532

1,218 1,222

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

2012

2013

2014

2015

2016

2017

2018

2019

200 54

250 57

300 64

314 63

355 62

359 58

363 54

375 48

816 894

822 870

576 848

492 831

414 816

359 804

302 793

300 784

Notes: Long-term private nonguaranteed debt data are World Bank staff estimates based on the market data.

BANGLADESH (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

15,596 14,985 14,985 0 277 334 0

18,449 17,385 17,385 0 376 688 16

20,106 18,380 18,380 0 547 1,178 0

21,373 19,428 19,428 0 575 1,370 4

22,952 20,300 20,300 0 758 1,894 1

24,619 21,210 21,210 0 1,475 1,934 1

25,752 21,400 21,400 0 1,403 2,949 2

27,043 22,350 22,350 0 1,271 3,422 2

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

4 14,985 0 588

1 17,385 0 1,106

3 18,380 0 1,322

53 19,428 0 2,011

11 20,300 0 2,779

7 21,210 0 1,818

22 21,400 0 2,203

22 22,350 0 4,610

External debt flows Disbursements Long-term external debt IMF purchases

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

982 982 0

1,469 1,469 0

Principal repayments Long-term external debt IMF repurchases

572 487 86

566 566 0

482 482 0

735 735 0

640 632 8

727 703 23

789 743 46

1,181 1,050 131

Net flows Long-term external debt Short-term external debt

368 374 80

370 312 -40

1,237 581 506

532 344 188

1,826 1,100 527

812 796 40

1,207 238 1,014

761 419 473

Interest payments Long-term external debt IMF charges Short-term external debt

197 165 10 22

235 197 3 35

231 167 5 59

257 180 5 72

249 203 8 39

229 197 8 24

238 201 5 32

312 258 4 50

280 1

813 20

697 31

653 153

1,010 -48

733 -153

918 ..

798 -10

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

.. 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

0.7 9.0 1.4 0.0 53.4

0.6 9.8 1.2 0.0 52.6

0.5 9.6 1.1 0.0 50.5

2.4 28.4 7.4

1.5 35.2 9.2

2.0 33.6 8.7

2.1 32.3 8.2

1.2 37.5 9.5

2.0 25.6 7.4

0.8 34.5 8.9

0.9 34.7 3.6

3.0 12.7 3.2

0.0 0.0 0.0

48,857 7,293 1,968 10,018 149 -306 1,486

63,355 10,537 4,315 15,487 661 -176 2,767

65,952 12,922 5,428 17,659 765 1,196 3,806

73,523 14,150 6,562 20,581 903 857 5,183

86,607 17,594 8,941 26,286 840 926 5,689

97,485 17,097 10,521 24,521 1,105 3,556 10,219

109,695 21,767 10,850 31,037 1,210 2,109 10,564

119,788 27,334 12,068 39,397 1,226 244 8,510

213.9 31.9 10.5 2.1 70.5 9.5 1.8

175.1 29.1 7.6 3.7 76.1 15.0 2.1

155.6 30.5 5.5 5.9 74.3 18.9 2.6

151.0 29.1 7.0 6.4 76.3 24.3 3.0

130.5 26.5 5.1 8.3 75.4 24.8 2.6

144.0 25.3 5.6 7.9 74.6 41.5 5.0

118.3 23.5 4.7 11.5 71.7 41.0 4.1

98.9 22.6 5.5 12.7 69.1 31.5 2.6

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

6. Ratios

BANGLADESH (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

21,210 21,210 21,126 18,376 0 10,746 2,749 84 0 15 0 0

21,400 21,400 21,328 18,460 0 10,653 2,868 71 0 10 0 0

22,350 22,350 22,285 18,690 0 10,712 3,594 66 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

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

982 982 971 850 0 326 122 10 0 0 0 0

1,469 1,469 1,458 837 0 355 621 11 0 0 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

743 743 725 498 0 243 227 19 0 5 0 0

1,050 1,050 1,031 552 0 262 478 19 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

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

201 201 198 160 0 78 37 3 0 0 0 0

258 258 256 178 0 84 77 3 0 0 0 0

-849 368

-1,210 370

1,657 1,237

1,267 532

1,580 1,826

1,666 812

1,133 1,207

1,292 761

0 0 0

0 83 0

0 158 0

0 533 0

0 0 0

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

2012

2013

2014

2015

2016

2017

2018

2019

1,077 276

1,378 275

1,393 266

1,201 255

1,191 248

1,157 242

1,240 239

1,255 231

17 2

10 2

10 1

2 0

Notes: Short-term debt is based on data from the BIS.

BELARUS (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

2,620 787 689 98 594 1,239 14

5,300 1,270 786 485 527 3,503 1

5,834 1,625 842 784 555 3,654 4

10,943 3,482 2,338 1,145 583 6,878 2

12,854 5,327 3,719 1,608 568 6,959 2

17,935 6,462 4,823 1,639 3,449 8,024 3

25,627 9,684 7,697 1,988 4,063 11,879 4

29,120 11,624 9,152 2,472 4,050 13,445 4

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

29 689 98 136

37 777 493 412

22 837 788 174

10 2,336 1,146 1,639

4 3,719 1,608 1,961

19 4,823 1,639 1,492

6 7,697 1,988 4,316

12 9,097 2,527 6,597

External debt flows Disbursements Long-term external debt IMF purchases

249 249 0

648 648 0

735 735 0

2,552 2,552 0

2,709 2,709 0

4,810 1,985 2,825

5,275 4,606 668

3,165 3,165 0

Principal repayments Long-term external debt IMF repurchases

261 206 56

519 511 9

482 482 0

757 757 0

858 858 0

983 983 0

965 965 0

1,228 1,228 0

Net flows Long-term external debt Short-term external debt

-89 43 -76

695 138 566

400 252 148

5,020 1,795 3,225

1,932 1,851 82

4,891 1,002 1,064

8,163 3,641 3,854

3,503 1,937 1,566

Interest payments Long-term external debt IMF charges Short-term external debt

128 39 29 61

181 54 17 111

270 70 22 178

343 82 19 241

356 234 5 117

320 178 14 128

504 235 68 201

885 575 87 223

119 1

307 1

357 -1

1,807 5

2,188 1

1,877 1

1,393 1

4,002 0

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 0.0 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

16.1 0.2 0.0 0.0 69.9

13.1 0.4 0.0 0.0 74.9

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

6.0 7.6 3.3

2.3 7.6 2.5

7.2 2.5 1.0

8.9 1.1 1.1

7.2 2.4 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

5.2 9.8 4.7

12,690 7,667 139 8,160 5 -338 350

30,220 17,705 199 17,411 135 459 1,137

36,841 21,816 266 23,408 236 -1,388 1,069

44,865 27,149 285 30,331 435 -3,012 3,952

59,976 36,878 578 42,007 682 -4,959 2,687

48,157 24,818 499 31,224 872 -6,133 4,831

54,058 29,805 527 38,402 1,039 -8,280 3,431

53,381 47,312 814 49,822 1,186 -5,121 6,011

34.2 20.6 5.1 47.3 8.3 13.4 0.5

29.9 17.5 4.0 66.1 1.5 21.4 0.8

26.7 15.8 3.4 62.6 1.1 18.3 0.5

40.3 24.4 4.1 62.9 0.5 36.1 1.6

34.9 21.4 3.3 54.1 0.4 20.9 0.8

72.3 37.2 5.3 44.7 1.5 26.9 1.9

86.0 47.4 4.9 46.4 1.2 13.4 1.1

61.5 54.6 4.5 46.2 1.4 20.6 1.4

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

6. Ratios

BELARUS (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

787 689 400 217 105 0 183 289 0 56 98 0

1,270 786 566 81 59 0 485 219 0 57 485 0

1,625 842 571 65 50 0 506 271 0 102 784 0

3,482 2,338 2,076 52 42 0 2,023 262 0 107 1,145 19

5,327 3,719 3,547 50 42 0 3,497 172 0 68 1,608 19

6,462 4,823 4,694 261 256 0 4,433 128 0 46 1,639 19

9,684 7,697 5,729 295 291 0 5,434 1,968 1,802 110 1,988 19

11,624 9,152 6,142 403 318 0 5,739 3,010 2,576 394 2,472 19

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

249 143 25 25 6 0 0 118 0 48 106 0

648 254 188 7 7 0 181 66 0 34 395 0

735 207 74 5 5 0 69 133 0 83 527 0

2,552 1,717 1,596 7 7 0 1,589 121 0 96 835 19

2,709 1,568 1,563 16 16 0 1,547 5 0 0 1,141 0

1,985 1,265 1,254 216 216 0 1,038 11 0 10 720 0

4,606 3,475 1,580 37 37 0 1,543 1,895 1,796 99 1,132 0

3,165 1,686 586 114 30 0 472 1,100 800 300 1,479 0

206 134 52 49 14 0 4 82 0 28 71 0

511 177 94 42 16 0 52 83 0 12 333 0

482 171 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

983 158 99 5 3 0 95 59 0 33 825 0

965 163 110 3 1 0 107 53 0 32 802 0

1,228 199 170 6 4 0 163 30 0 14 1,029 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

39 38 18 17 6 0 2 19 0 4 1 0

54 39 17 5 3 0 12 22 0 4 15 0

70 45 28 4 3 0 24 16 0 6 25 0

82 49 30 4 3 0 26 19 0 8 33 1

234 176 159 3 2 0 156 17 0 8 59 2

178 105 97 2 2 0 94 8 0 4 73 2

235 154 114 2 2 0 112 40 37 2 81 1

575 463 285 6 3 0 280 177 163 13 113 1

-83 -89

699 695

534 400

5,108 5,020

1,911 1,932

5,082 4,891

7,691 8,163

3,493 3,503

50 0 0

0 0 0

0 15 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

2012

2013

2014

2015

2016

2017

2018

2019

2,224 337

471 176

616 158

610 135

599 111

609 92

586 73

508 56

739 364

585 356

535 338

2,203 247

350 152

311 138

1,097 88

272 39

BELIZE (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

630 557 557 0 23 50 0

1,022 989 989 0 26 7 7

1,053 1,018 1,018 0 27 8 8

1,074 1,039 1,039 0 28 7 7

1,275 1,240 1,020 219 28 7 7

1,295 1,250 1,041 209 35 10 10

1,307 1,266 1,022 243 35 7 7

1,278 1,236 1,018 218 35 8 8

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

0 557 0 224

2 989 0 199

0 1,018 1 106

1 1,038 1 581

1 1,020 219 28

1 1,036 214 90

1 1,018 248 71

1 1,015 221 63

External debt flows Disbursements Long-term external debt IMF purchases

218 218 0

213 213 0

100 100 0

604 604 0

109 109 0

92 84 7

39 39 0

55 55 0

Principal repayments Long-term external debt IMF repurchases

41 41 0

155 155 0

73 73 0

585 585 0

87 87 0

69 69 0

73 73 0

Net flows Long-term external debt Short-term external debt

176 177 -1

57 57 0

28 28 0

19 19 0

22 22 0

22 15 0

-30 -30 0

-18 -18 0

Interest payments Long-term external debt IMF charges Short-term external debt

36 32 1 3

74 73 1 0

65 64 1 0

60 60 0 0

57 56 0 0

58 58 0 0

59 59 0 0

23 ..

127 ..

109 4

140 ..

170 2

109 ..

96 ..

91 ..

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 1.8 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 97.3

1.3 0.0 0.1 0.0 97.5

1.1 0.0 0.0 0.0 97.5

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

3.1 21.7 5.1

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

775 441 26 661 31 -162 123

1,000 622 45 824 35 -151 71

1,088 786 64 885 52 -25 114

1,118 823 73 969 87 -52 109

1,198 872 76 1,129 107 -145 166

1,241 733 79 895 56 -83 214

1,243 834 78 972 102 -46 218

1,331 952 76 1,067 60 -31 237

142.7 81.2 17.5 7.9 22.1 19.5 2.2

164.4 102.1 36.8 0.7 22.0 7.0 1.0

134.0 96.8 17.6 0.7 21.6 10.8 1.5

130.5 96.1 78.9 0.7 22.6 10.1 1.3

146.1 106.4 16.9 0.6 18.1 13.0 1.8

176.8 104.4 17.2 0.7 19.7 16.5 2.9

156.7 105.2 15.3 0.5 19.7 16.7 2.7

134.3 96.0 13.9 0.6 20.6 18.5 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

6. Ratios

BELIZE (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

557 557 228 139 40 0 89 328 75 245 0 0

989 989 348 225 35 0 124 641 482 149 0 0

1,018 1,018 415 228 30 0 188 603 466 129 0 0

1,039 1,039 391 243 25 0 148 648 24 619 0 0

1,240 1,020 386 230 21 0 156 635 22 610 219 0

1,250 1,041 417 255 16 0 162 624 21 603 209 0

1,266 1,022 407 257 12 0 149 616 21 595 243 0

1,236 1,018 410 263 10 0 147 608 21 587 218 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

218 218 27 22 2 0 4 192 86 96 0 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

109 41 40 16 0 0 24 2 0 2 68 0

84 72 70 41 0 0 30 1 0 1 13 0

39 32 32 22 0 0 10 0 0 0 7 0

55 37 37 24 1 0 13 0 0 0 18 0

41 41 20 9 4 0 11 22 11 9 0 0

155 155 21 14 4 0 6 135 36 98 0 0

73 73 31 16 5 0 15 42 16 22 0 0

585 585 88 22 5 0 66 497 441 52 0 0

87 52 38 22 5 0 16 15 2 10 35 0

69 51 39 17 4 0 23 12 1 8 18 0

69 49 41 18 4 0 23 8 0 8 20 0

73 41 33 18 3 0 15 8 0 8 32 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 12 7 3 0 4 20 1 18 0 0

73 73 15 10 2 0 5 58 41 16 0 0

64 64 17 10 2 0 7 47 36 10 0 0

64 64 19 11 2 0 8 45 23 21 0 0

60 49 17 10 1 0 7 31 2 29 12 0

56 45 15 8 1 0 7 30 2 28 11 0

58 47 13 8 0 0 5 34 2 32 11 0

59 48 10 6 0 0 3 38 2 37 11 0

213 176

57 57

31 28

21 19

200 22

20 22

12 -30

-29 -18

0 0 0

7 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

2012

2013

2014

2015

2016

2017

2018

2019

33 12

34 13

36 12

43 11

37 10

35 9

34 8

87 37

49 32

45 30

29 28

22 26

17 25

14 24

36 24

Notes: Long-term private nonguaranteed debt data are revised from 2008 based on reports provided by the country.

BENIN (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

1,400 1,238 1,238 0 96 66 1

1,551 1,444 1,444 0 66 41 2

647 589 589 0 17 41 2

771 747 747 0 19 5 5

924 849 849 0 37 37 4

1,147 972 972 0 132 44 32

1,288 1,110 1,110 0 146 32 25

1,423 1,190 1,190 0 177 55 29

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

2 1,238 0 140

6 1,444 0 239

8 589 0 91

9 747 0 228

13 849 0 147

36 972 0 232

43 1,110 0 284

57 1,190 0 186

External debt flows Disbursements Long-term external debt IMF purchases

48 39 9

98 97 1

154 153 1

160 159 1

162 143 19

155 139 16

202 186 16

145 112 34

Principal repayments Long-term external debt IMF repurchases

53 43 11

31 24 7

27 27 0

18 18 0

17 17 0

24 24 0

30 30 0

26 26 0

Net flows Long-term external debt Short-term external debt

-54 -4 -48

82 73 15

128 126 0

103 140 -39

178 127 33

110 115 -21

168 157 -5

138 86 19

Interest payments Long-term external debt IMF charges Short-term external debt

22 16 1 4

16 14 1 2

14 12 1 2

12 10 1 1

42 41 0 0

12 12 0 0

13 13 0 0

12 12 0 0

60 0

-9 2

-12 0

139 5

48 -2

-19 9

53 5

118 ..

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

.. 2.6 0.3 0.0 54.7

4.4 0.0 0.0 0.0 50.6

5.0 0.0 0.0 0.0 27.3

3.9 0.0 0.0 0.0 28.0

3.2 0.0 0.0 0.0 24.5

5.4 0.0 0.0 0.0 21.9

10.0 0.0 0.0 0.0 20.4

9.5 0.0 0.0 0.0 19.4

1.9 32.7 8.3

1.5 31.1 8.6

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

1.5 29.7 5.6

0.0 0.0 0.0

2,243 552 87 744 -1 -81 459

4,259 797 147 1,188 9 -226 655

4,623 976 195 1,452 15 -217 912

5,428 1,386 240 2,188 53 -534 1,209

6,672 1,675 207 2,456 30 -536 1,263

6,618 1,489 126 2,310 32 -649 1,230

6,576 1,707 139 2,393 55 -530 1,200

7,313 .. 151 .. 0 .. 887

253.7 62.4 13.6 4.7 69.2 32.8 7.4

194.6 36.4 6.0 2.6 87.4 42.2 6.6

66.3 14.0 4.2 6.3 71.5 141.0 7.5

55.7 14.2 2.2 0.6 77.3 156.8 6.6

55.1 13.8 3.5 4.1 74.9 136.8 6.2

77.1 17.3 2.5 3.8 69.9 107.2 6.4

75.4 19.6 2.5 2.5 72.0 93.2 6.0

.. 19.5 .. 3.8 69.6 62.4 ..

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

6. Ratios

BENIN (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

589 589 589 463 0 126 127 0 0 0 0 0

747 747 747 597 0 176 151 0 0 0 0 0

849 849 849 692 0 255 157 0 0 0 0 0

972 972 972 802 0 309 170 0 0 0 0 0

1,110 1,110 1,110 927 0 383 183 0 0 0 0 0

1,190 1,190 1,190 990 0 402 200 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

39 39 39 27 0 36 12 0 0 0 0 0

97 97 97 92 0 49 4 0 0 0 0 0

153 153 153 85 0 32 68 0 0 0 0 0

159 159 159 138 0 43 21 0 0 0 0 0

143 143 143 138 0 84 5 0 0 0 0 0

139 139 139 117 0 51 22 0 0 0 0 0

186 186 186 166 0 79 21 0 0 0 0 0

112 112 112 95 0 22 17 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

24 24 24 17 0 0 8 0 0 0 0 0

30 30 30 21 0 0 8 0 0 0 0 0

26 26 26 23 0 0 3 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

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

12 12 12 11 0 3 1 0 0 0 0 0

-88 -54

-61 82

-904 128

124 103

152 178

223 110

141 168

135 138

53 7 0

0 15 0

0 1,076 0

0 0 0

0 6 0

0 0 0

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

2012

2013

2014

2015

2016

2017

2018

2019

55 16

62 17

62 18

65 18

63 17

65 17

65 16

65 15

0 0

Notes: Short-term debt is based on data from the BIS. Data include the effects of Paris Club debt restructuring agreement and HIPC and MDRI debt relief.

BHUTAN (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

212 202 202 0 8 2 0

658 637 637 0 9 12 4

722 697 697 0 9 16 0

803 775 775 0 9 18 0

695 678 678 0 9 8 0

761 747 747 0 9 5 0

907 892 892 0 9 6 0

1,035 1,021 1,021 0 9 5 0

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

0 202 0 85

4 637 0 60

0 697 0 25

0 775 0 556

0 678 0 0

0 747 0 176

0 892 0 1,045

0 1,021 0 63

External debt flows Disbursements Long-term external debt IMF purchases

35 35 0

82 82 0

45 45 0

32 32 0

92 92 0

178 178 0

267 267 0

Principal repayments Long-term external debt IMF repurchases

5 5 0

6 6 0

24 24 0

43 43 0

41 41 0

47 47 0

Net flows Long-term external debt Short-term external debt

30 30 0

85 77 8

47 39 8

10 8 2

-22 -12 -10

48 51 -3

132 131 1

219 220 -1

Interest payments Long-term external debt IMF charges Short-term external debt

2 2 0 0

5 3 0 1

8 7 0 1

38 38 0 0

34 34 0 0

38 37 0 0

38 38 0 0

.. ..

6 ..

74 ..

3 ..

7 ..

19 ..

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 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

8.9 3.6 0.0 0.0 23.4

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

0.5 31.2 9.6

0.0 0.0 0.0

419 .. .. .. .. .. 318

713 .. .. .. .. .. 467

911 382 2 565 0 -79 545

1,093 656 3 608 1 143 699

1,073 686 4 832 3 -28 765

1,144 591 5 737 -1 -20 891

1,420 625 8 1,006 4 -142 1,002

1,594 761 10 1,399 4 -355 790

.. 50.5 .. 0.7 47.6 150.1 ..

.. 92.3 .. 1.9 26.9 71.1 ..

189.3 79.3 2.8 2.2 27.1 75.5 11.6

122.4 73.4 4.9 2.2 27.9 87.1 13.8

101.2 64.7 11.9 1.2 34.3 110.1 11.0

128.7 66.5 12.8 0.7 37.6 117.0 14.5

145.2 63.9 13.5 0.7 36.5 110.4 12.0

136.1 65.0 11.1 0.5 37.2 76.3 6.8

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

6. Ratios

BHUTAN (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

202 202 202 101 0 26 102 0 0 0 0 0

637 637 637 177 0 63 460 0 0 0 0 0

697 697 697 196 0 76 502 0 0 0 0 0

775 775 775 224 0 87 551 0 0 0 0 0

678 678 678 238 0 94 439 0 0 0 0 0

747 747 747 286 0 114 461 0 0 0 0 0

892 892 892 332 0 112 561 0 0 0 0 0

1,021 1,021 1,021 385 0 138 636 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

35 35 35 12 0 4 23 0 0 0 0 0

82 82 82 22 0 8 60 0 0 0 0 0

45 45 45 15 0 10 30 0 0 0 0 0

32 32 32 21 0 9 10 0 0 0 0 0

32 32 32 15 0 9 17 0 0 0 0 0

92 92 92 51 0 20 41 0 0 0 0 0

178 178 178 50 0 2 128 0 0 0 0 0

267 267 267 60 0 29 207 0 0 0 0 0

5 5 5 1 0 0 3 0 0 0 0 0

5 5 5 2 0 1 2 0 0 0 0 0

6 6 6 2 0 1 3 0 0 0 0 0

24 24 24 3 0 1 21 0 0 0 0 0

43 43 43 4 0 1 40 0 0 0 0 0

41 41 41 5 0 1 36 0 0 0 0 0

47 47 47 6 0 2 40 0 0 0 0 0

47 47 47 7 0 2 40 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 1 0 0 1 0 0 0 0 0

2 2 2 2 0 1 0 0 0 0 0 0

3 3 3 2 0 1 2 0 0 0 0 0

7 7 7 2 0 1 5 0 0 0 0 0

38 38 38 2 0 1 36 0 0 0 0 0

34 34 34 2 0 1 32 0 0 0 0 0

37 37 37 3 0 1 34 0 0 0 0 0

38 38 38 4 0 1 34 0 0 0 0 0

20 30

55 85

65 47

80 10

-108 -22

67 48

146 132

128 219

0 0 0

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

2012

2013

2014

2015

2016

2017

2018

2019

68 29

73 24

76 19

112 53

86 45

76 66

107 103

120 113

0 0

Notes: Short-term debt is based on data from the BIS.

BOLIVIA, PLURINATIONAL STATE OF (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

5,885 5,228 4,201 1,026 255 402 2

6,961 6,497 4,583 1,914 282 182 0

5,851 5,576 3,189 2,388 55 220 0

5,421 4,823 2,202 2,621 42 555 0

5,936 5,377 2,409 2,969 41 518 0

6,021 5,196 2,549 2,647 257 568 0

6,050 5,170 2,812 2,358 253 628 0

6,474 5,587 3,414 2,173 252 635 0

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

19 3,824 1,403 180

0 4,560 1,937 551

0 3,171 2,406 185

0 2,192 2,631 1,059

0 2,399 2,978 1,173

0 2,539 2,656 1,156

0 2,801 2,368 881

0 3,404 2,183 1,226

External debt flows Disbursements Long-term external debt IMF purchases

760 745 15

895 880 14

364 364 0

912 912 0

1,263 1,263 0

512 512 0

552 552 0

775 775 0

Principal repayments Long-term external debt IMF repurchases

458 438 20

356 316 40

209 209 0

540 525 15

767 767 0

454 454 0

568 568 0

358 358 0

Net flows Long-term external debt Short-term external debt

291 306 -10

448 564 -91

193 155 38

707 386 335

459 496 -37

108 58 50

44 -16 60

425 417 7

Interest payments Long-term external debt IMF charges Short-term external debt

183 160 3 20

176 159 7 10

217 203 3 10

212 194 2 15

189 175 0 13

139 119 1 19

96 76 1 20

98 78 0 20

736 0

-239 0

281 0

366 0

512 0

423 0

622 0

859 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

.. 12.1 0.2 0.0 44.3

1.5 0.0 0.0 0.0 75.1

2.6 0.0 0.0 0.0 65.9

4.2 0.0 0.0 0.0 76.2

3.6 0.0 0.0 0.0 79.4

3.1 0.0 0.0 0.0 81.8

2.7 0.0 0.0 0.0 84.6

2.2 0.0 0.0 0.0 86.7

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

1.6 21.5 1.1

1.8 34.3 8.6

0.0 0.0 0.0

5.0 2.0 2.0

4.8 2.7 2.0

1.8 15.0 4.5

0.1 35.7 26.8

0.0 0.0 0.0

8,172 1,610 127 2,443 148 -446 926

9,173 3,401 337 3,362 271 622 1,328

11,054 4,585 603 4,090 392 1,317 2,615

12,631 5,325 1,055 4,999 644 1,591 4,554

16,139 7,369 1,135 6,661 681 1,993 6,927

16,666 5,663 1,058 6,062 769 814 7,584

18,790 6,919 960 7,126 863 874 8,134

23,441 9,260 1,043 9,900 977 537 9,911

365.6 72.0 39.8 6.8 48.7 15.7 4.6

204.7 75.9 15.7 2.6 60.6 19.1 4.7

127.6 52.9 9.3 3.8 47.3 44.7 7.7

101.8 42.9 14.1 10.2 31.3 84.0 10.9

80.6 36.8 13.0 8.7 30.5 116.7 12.5

106.3 36.1 10.5 9.4 32.8 126.0 15.0

87.4 32.2 9.6 10.4 37.4 134.4 13.7

69.9 27.6 4.9 9.8 40.1 153.1 12.0

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

6. Ratios

BOLIVIA, PLURINATIONAL STATE OF (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

5,228 4,201 4,168 2,868 0 1,096 1,300 33 0 3 1,026 0

6,497 4,583 4,556 4,220 0 1,673 336 27 0 5 1,914 0

5,576 3,189 3,161 2,768 0 233 393 28 0 8 2,388 0

4,823 2,202 2,166 1,699 0 259 468 36 10 8 2,621 0

5,377 2,409 2,312 1,810 0 281 502 97 10 74 2,969 0

5,196 2,549 2,457 1,978 0 316 480 92 0 81 2,647 0

5,170 2,812 2,788 2,265 0 355 523 24 0 14 2,358 0

5,587 3,414 3,325 2,597 0 395 729 89 0 80 2,173 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

745 277 264 239 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

775 775 708 484 0 45 225 67 0 66 0 0

438 157 153 122 12 0 32 4 0 1 281 0

316 185 183 170 0 8 13 2 0 1 131 0

209 201 197 182 0 5 14 4 0 1 8 0

525 166 162 145 0 0 16 4 0 0 360 0

767 376 371 352 0 1 19 5 0 0 392 0

454 197 184 166 0 2 18 13 10 0 257 0

568 247 177 139 0 2 38 70 0 66 322 0

358 173 171 148 0 3 22 2 0 1 185 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

160 113 112 83 1 1 29 1 0 0 47 0

159 100 100 94 0 12 5 0 0 0 59 0

203 112 111 102 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 54 50 42 0 2 8 4 0 4 22 0

78 57 54 43 0 3 11 4 0 4 20 0

232 291

682 448

-1,110 193

-431 707

516 459

84 108

29 44

424 425

0 64 0

0 65 0

0 1,788 0

0 1,182 0

0 17 0

0 87 0

0 0 0

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

2012

2013

2014

2015

2016

2017

2018

2019

197 77

247 86

292 89

327 87

328 83

337 80

335 72

323 66

622 62

772 49

260 18

248 15

119 12

76 10

241 13

32 4

Notes: Data include the effects of HIPC and MDRI debt relief.

BOSNIA AND HERZEGOVINA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

2,800 2,619 1,957 663 131 49 1

6,378 5,326 2,559 2,767 91 960 0

7,132 5,910 2,722 3,188 51 1,171 0

9,252 7,531 2,967 4,564 35 1,687 0

9,818 8,879 3,008 5,871 32 907 0

11,336 9,119 3,578 5,541 539 1,678 0

10,934 9,128 3,733 5,394 769 1,038 0

10,729 8,655 3,874 4,781 766 1,308 0

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

1 1,957 663 197

0 2,559 2,767 120

0 2,722 3,188 616

0 2,967 4,564 232

0 3,008 5,871 302

0 3,578 5,541 375

0 3,733 5,394 781

0 3,874 4,781 164

External debt flows Disbursements Long-term external debt IMF purchases

138 103 36

540 540 0

756 756 0

1,023 1,023 0

471 471 0

683 401 282

748 510 237

551 551 0

Principal repayments Long-term external debt IMF repurchases

190 170 20

134 95 39

148 104 44

128 109 18

139 137 2

171 171 0

450 450 0

529 529 0

Net flows Long-term external debt Short-term external debt

-41 -68 11

1,052 445 647

820 653 211

1,411 913 516

-448 335 -780

1,283 231 771

-343 60 -640

292 22 270

Interest payments Long-term external debt IMF charges Short-term external debt

129 119 6 3

176 136 4 35

242 171 4 68

314 231 2 81

397 316 0 81

354 271 2 81

351 263 6 81

341 251 8 81

146 0

624 0

846 0

2,107 0

1,005 0

142 0

264 0

415 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 2.3 27.6

34.0 1.2 0.0 1.7 41.2

35.8 1.3 0.0 1.2 40.8

38.2 1.2 0.0 1.2 40.0

39.1 1.5 0.0 1.2 39.0

48.7 1.2 0.0 1.1 32.7

50.8 1.3 0.0 1.0 30.9

53.0 1.2 0.0 0.8 29.4

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

1.0 21.3 6.9

1.8 15.5 5.2

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

2.2 14.1 3.7

6,096 2,247 1,607 4,234 0 -396 497

11,416 4,227 2,038 8,103 97 -1,844 2,548

12,792 5,254 2,149 8,486 175 -998 3,671

15,740 6,728 2,686 11,093 344 -1,648 5,042

19,213 8,041 2,727 13,486 187 -2,605 4,480

17,661 6,347 2,127 9,738 -70 -1,088 4,529

16,926 6,811 1,822 10,056 27 -946 4,366

18,316 7,961 1,958 12,024 152 -1,588 4,150

124.6 45.9 14.2 1.8 45.2 17.7 1.4

150.9 55.9 7.3 15.1 26.8 39.9 3.8

135.8 55.8 7.4 16.4 25.3 51.5 5.2

137.5 58.8 6.6 18.2 21.0 54.5 5.5

122.1 51.1 6.7 9.2 20.2 45.6 4.0

178.6 64.2 8.3 14.8 19.4 40.0 5.6

160.5 64.6 11.8 9.5 22.1 39.9 5.2

134.8 58.6 10.9 12.2 23.8 38.7 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

6. Ratios

BOSNIA AND HERZEGOVINA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

2,619 1,957 1,832 1,266 562 398 566 125 0 125 663 0

5,326 2,559 2,404 1,712 481 921 692 155 0 155 2,767 0

5,910 2,722 2,553 1,802 466 983 751 169 0 169 3,188 0

7,531 2,967 2,772 1,942 453 1,068 830 195 0 195 4,564 0

8,879 3,008 2,808 1,984 443 1,077 824 200 0 200 5,871 0

9,119 3,578 3,050 2,198 417 1,102 852 527 322 206 5,541 0

9,128 3,733 3,267 2,416 445 1,180 852 466 273 193 5,394 0

8,655 3,874 3,451 2,552 458 1,193 900 423 241 182 4,781 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

540 153 153 133 0 56 21 0 0 0 386 0

756 128 128 94 0 27 34 0 0 0 628 0

1,023 150 138 118 0 57 20 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

510 441 427 372 50 115 55 14 0 14 69 0

551 385 372 287 41 37 85 13 0 13 166 0

170 170 170 166 0 0 3 0 0 0 1 0

95 54 51 44 24 0 7 3 0 3 41 0

104 67 63 56 24 4 8 3 0 3 37 0

109 79 72 63 24 9 9 7 0 7 30 0

137 91 82 71 25 12 11 9 0 9 46 0

171 110 97 84 25 15 13 13 0 13 61 0

450 145 108 94 25 18 14 37 25 13 305 0

529 172 129 111 26 21 18 43 26 17 357 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

119 89 86 74 33 3 13 2 0 2 30 0

136 53 48 35 17 7 13 6 0 6 83 0

171 61 56 43 23 8 13 6 0 6 109 0

231 70 63 49 26 8 14 6 0 6 161 0

316 80 70 54 26 8 16 10 0 10 235 0

271 63 56 41 17 8 14 8 0 8 208 0

263 55 47 32 8 8 15 9 5 3 208 0

251 66 55 40 8 9 15 11 6 4 185 0

395 -41

804 1,052

755 820

2,120 1,411

565 -448

1,518 1,283

-401 -343

-205 292

4 0 0

0 0 0

0 28 0

0 0 0

2 0 0

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

2012

2013

2014

2015

2016

2017

2018

2019

176 65

201 65

229 64

242 61

249 57

261 52

277 47

281 42

1,337 198

954 146

863 109

530 75

435 55

339 39

271 27

222 17

Notes: Long-term private nonguaranteed debt data from 2005 are World Bank staff estimates. Short-term debt is based on data from the BIS.

BOTSWANA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

458 438 438 0 6 15 0

454 412 412 0 6 35 0

389 358 358 0 7 24 0

420 391 391 0 7 22 0

440 391 391 0 7 43 0

1,707 1,388 1,388 0 90 229 0

1,797 1,352 1,352 0 88 357 0

2,396 1,897 1,897 0 88 411 0

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

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

0 1,897 0 1

External debt flows Disbursements Long-term external debt IMF purchases

28 28 0

11 11 0

4 4 0

50 50 0

54 54 0

1,006 1,006 0

17 17 0

595 595 0

Principal repayments Long-term external debt IMF repurchases

52 52 0

40 40 0

45 45 0

37 37 0

61 61 0

36 36 0

56 56 0

50 50 0

Net flows Long-term external debt Short-term external debt

-29 -24 -5

-17 -30 13

-51 -40 -11

11 13 -2

15 -6 21

1,156 970 186

89 -39 128

598 544 54

Interest payments Long-term external debt IMF charges Short-term external debt

17 15 0 1

13 12 0 1

12 10 0 2

11 9 0 1

8 7 0 1

11 9 0 2

20 16 0 4

22 16 0 6

57 -6

492 27

751 36

647 9

902 -37

824 17

265 18

587 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

.. 11.4 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

0.2 2.4 0.5 0.0 8.1

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

0.6 38.1 10.5

0.0 0.0 0.0

5,281 3,378 26 3,050 658 545 6,318

9,420 5,740 118 4,851 1,066 1,562 6,309

10,483 5,829 104 4,754 1,043 1,946 7,992

11,641 6,402 92 5,618 989 2,015 9,790

12,811 6,147 101 6,319 1,057 868 9,119

11,496 4,283 76 5,410 377 -521 8,704

14,699 5,441 32 6,374 598 46 7,885

17,398 .. 63 .. 0 .. 8,082

13.6 8.7 2.0 3.3 64.9 1,378.2 24.9

7.9 4.8 0.9 7.7 57.8 1,391.1 15.6

6.7 3.7 1.0 6.2 63.1 2,056.0 20.2

6.6 3.6 0.7 5.2 57.2 2,331.0 20.9

7.2 3.4 1.1 9.8 56.2 2,070.1 17.3

39.9 14.9 1.1 13.4 73.3 509.8 19.3

33.0 12.2 1.4 19.9 68.0 438.8 14.8

.. 13.8 .. 17.2 74.9 337.3 ..

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

6. Ratios

BOTSWANA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

1,897 1,897 1,896 1,795 59 4 101 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

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

595 595 595 595 53 0 0 0 0 0 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

50 50 50 19 0 0 32 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

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

16 16 16 14 0 0 2 0 0 0 0 0

-52 -29

-63 -17

-65 -51

31 11

21 15

1,267 1,156

90 89

599 598

0 0 0

0 28 0

0 0 0

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

2012

2013

2014

2015

2016

2017

2018

2019

35 20

34 20

36 21

144 21

147 20

152 19

155 17

151 16

1 0

0 0

Notes: Short-term debt is based on data from the BIS.

BRAZIL (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

242,512 209,303 96,622 112,682 2,235 30,973 176

188,365 163,859 94,355 69,505 513 23,993 0

194,305 173,440 84,552 88,889 540 20,325 2

238,446 198,632 79,870 118,762 567 39,248 2

262,959 225,755 79,912 145,842 552 36,652 8

281,651 237,336 87,510 149,826 4,526 39,789 3

352,440 282,498 97,557 184,940 4,446 65,496 4

404,317 357,738 94,977 262,761 4,432 42,146 6

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

1,821 96,176 113,127 30,607

18 93,004 70,855 12,659

3 83,351 90,089 9,253

6 78,649 119,983 11,070

5 78,663 147,092 12,812

9 84,901 152,435 25,753

4 94,456 188,042 17,859

2 91,599 266,139 12,195

External debt flows Disbursements Long-term external debt IMF purchases

44,079 44,079 0

27,414 27,414 0

52,636 52,636 0

59,915 59,915 0

69,559 69,559 0

57,675 57,675 0

85,379 85,379 0

111,679 111,679 0

Principal repayments Long-term external debt IMF repurchases

41,439 34,746 6,693

49,597 25,787 23,810

47,429 47,429 0

40,466 40,466 0

40,353 40,353 0

30,470 30,470 0

32,024 32,024 0

41,777 41,777 0

Net flows Long-term external debt Short-term external debt

4,471 9,333 1,831

-23,457 1,627 -1,274

1,537 5,207 -3,670

38,372 19,449 18,923

26,604 29,206 -2,602

30,347 27,205 3,142

79,061 53,354 25,706

46,550 69,902 -23,352

Interest payments Long-term external debt IMF charges Short-term external debt

17,148 15,297 357 1,494

13,308 10,314 1,094 1,900

14,817 13,160 131 1,526

14,543 13,034 19 1,489

16,188 15,046 5 1,138

14,054 13,554 10 489

13,855 13,157 14 684

17,293 16,615 5 673

32,779 3,076

15,460 6,451

19,378 7,716

44,579 26,217

50,716 -7,565

31,481 37,071

53,345 37,684

71,539 6,198

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

.. 7.4 1.0 0.3 70.0

9.4 6.1 0.2 0.1 79.1

10.4 5.4 0.3 0.0 78.7

9.8 4.7 0.0 0.0 80.5

9.0 5.9 0.1 0.0 80.3

7.2 5.0 0.1 0.0 84.0

6.1 5.0 0.1 0.0 85.2

5.0 3.9 0.2 0.2 87.5

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

0.9 25.1 4.7

1.0 21.9 4.4

9.9 15.9 14.2

8.7 14.5 14.0

7.5 15.1 14.9

8.5 13.7 9.4

5.4 14.1 13.6

5.6 11.2 9.0

5.5 10.3 9.4

4.5 9.9 9.6

626,768 68,205 1,649 93,950 4,238 -24,225 32,434

856,882 136,200 2,805 125,773 11,035 13,985 53,245

1,061,994 162,741 3,287 153,426 13,884 13,621 85,156

1,337,850 196,096 3,306 198,574 19,692 1,551 179,433

1,613,694 240,904 3,643 273,320 28,773 -28,192 192,844

1,589,584 189,549 2,889 217,189 21,029 -24,302 237,364

2,104,366 241,142 2,640 291,252 26,584 -47,323 287,056

2,429,813 305,226 2,634 360,655 31,716 -52,612 350,356

355.6 38.7 85.9 12.8 7.8 13.4 4.1

138.3 22.0 46.2 12.7 10.4 28.3 5.1

119.4 18.3 38.2 10.5 11.4 43.8 6.7

121.6 17.8 28.1 16.5 9.6 75.3 10.8

109.2 16.3 23.5 13.9 9.4 73.3 8.5

148.6 17.7 23.5 14.1 8.9 84.3 13.1

146.2 16.7 19.0 18.6 8.5 81.4 11.8

132.5 16.6 19.4 10.4 6.2 86.7 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

6. Ratios

BRAZIL (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

209,303 96,622 29,845 18,825 7,377 0 11,021 66,776 54,096 11,478 112,682 16,846

163,859 94,355 26,160 19,673 8,083 0 6,487 68,194 59,077 8,331 69,505 35,969

173,440 84,552 25,671 22,217 9,694 0 3,454 58,881 50,247 8,502 88,889 38,764

198,632 79,870 26,406 22,979 9,676 0 3,427 53,464 46,826 6,336 118,762 45,311

225,755 79,912 29,269 24,587 10,671 0 4,682 50,643 43,237 7,191 145,842 37,855

237,336 87,510 32,595 24,953 10,065 0 7,642 54,916 48,350 6,379 149,826 53,342

282,498 97,557 41,460 29,923 13,523 0 11,537 56,097 47,879 7,986 184,940 83,032

357,738 94,977 36,517 25,175 9,034 0 11,342 58,460 46,474 11,759 262,761 79,363

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

44,079 19,664 5,272 4,506 1,692 0 766 14,391 10,836 3,532 24,415 2,886

27,414 13,207 3,327 2,326 773 0 1,001 9,880 8,252 1,608 14,207 6,579

52,636 11,136 4,253 3,869 2,203 0 384 6,883 5,614 1,250 41,500 9,832

59,915 6,285 2,065 1,987 606 0 78 4,220 3,363 806 53,630 13,930

69,559 16,696 4,353 2,967 1,726 0 1,386 12,342 10,254 2,080 52,863 6,754

57,675 13,732 6,845 3,270 1,274 0 3,575 6,887 6,100 728 43,943 17,015

85,379 19,957 11,317 7,010 4,472 0 4,307 8,640 5,433 3,092 65,422 32,384

111,679 13,876 3,248 2,859 2,018 0 389 10,627 3,631 6,966 97,803 30,765

34,746 10,932 7,093 4,357 887 0 2,736 3,839 2,056 1,546 23,813 2,775

25,787 9,481 3,334 1,808 1,029 0 1,526 6,147 4,187 1,923 16,306 7,063

47,429 24,516 4,567 1,545 743 0 3,022 19,949 18,083 1,825 22,914 5,479

40,466 14,124 2,294 1,711 805 0 584 11,829 8,282 3,449 26,343 8,471

40,353 16,351 2,402 1,765 812 0 638 13,949 12,001 1,863 24,002 2,420

30,470 7,784 3,447 2,865 1,872 0 582 4,338 2,760 1,494 22,685 1,585

32,024 9,626 2,662 1,958 960 0 703 6,965 5,770 1,119 22,398 2,656

41,777 15,851 8,349 7,703 6,571 0 646 7,502 4,281 3,187 25,925 3,666

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

15,297 6,943 1,932 1,424 464 0 508 5,010 4,212 759 8,355 1,562

10,314 6,700 1,058 818 307 0 240 5,642 5,033 602 3,614 2,161

13,160 7,146 1,234 984 432 0 251 5,911 5,231 672 6,014 3,799

13,034 7,078 1,361 1,183 548 0 178 5,717 5,082 619 5,956 3,454

15,046 6,057 1,291 1,119 498 0 172 4,766 4,406 346 8,989 2,842

13,554 5,656 1,083 926 359 0 157 4,573 4,148 407 7,898 2,936

13,157 5,172 967 640 180 0 327 4,205 3,933 262 7,985 4,207

16,615 5,446 1,012 661 195 0 350 4,434 3,971 457 11,169 5,859

-2,603 4,471

-32,329 -23,457

5,940 1,537

44,141 38,372

24,512 26,604

18,693 30,347

70,789 79,061

51,877 46,550

0 137 6,342

4,271 0 0

0 0 0

28 0 0

265 56 0

4 0 0

78 0 0

1 0 0

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

2012

2013

2014

2015

2016

2017

2018

2019

2,745 823

2,504 790

2,610 765

4,741 700

4,644 598

4,566 495

4,254 387

4,039 287

38,454 15,217

45,876 14,628

31,912 13,056

36,441 11,436

25,383 9,830

21,731 8,494

16,113 7,761

19,212 6,764

Notes: Long-term private nonguaranteed debt data are reported by the country.

BULGARIA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

12,008 8,440 7,671 769 2,118 1,450 0

16,573 10,597 5,075 5,522 1,533 4,442 0

21,989 12,689 5,147 7,543 1,260 8,040 0

33,958 18,957 5,268 13,689 965 14,036 0

49,544 30,269 4,397 25,871 941 18,334 0

54,456 34,921 4,772 30,148 958 18,578 0

49,018 32,704 4,466 28,238 941 15,373 0

39,930 26,085 4,138 21,947 938 12,907 0

1 7,671 769 700

0 5,075 5,522 266

0 5,147 7,543 104

0 5,268 13,689 455

0 4,397 25,871 732

0 4,772 30,148 280

0 4,466 28,238 320

0 4,138 21,947 207

External debt flows Disbursements Long-term external debt IMF purchases

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

3,501 3,501 0

Principal repayments Long-term external debt IMF repurchases

712 573 139

3,352 2,909 443

1,992 1,645 346

3,033 2,686 347

3,641 3,641 0

3,817 3,817 0

3,381 3,381 0

3,596 3,596 0

Net flows Long-term external debt Short-term external debt

465 145 183

1,564 801 1,206

5,222 1,970 3,598

10,704 5,054 5,996

16,202 11,904 4,298

4,617 4,374 244

-5,087 -1,881 -3,205

-2,562 -95 -2,466

Interest payments Long-term external debt IMF charges Short-term external debt

619 456 98 65

640 445 65 130

712 421 61 230

1,211 618 41 552

1,623 864 8 752

1,515 770 2 743

654 586 3 66

870 786 1 83

1,002 5

4,098 449

7,874 148

13,875 89

10,297 -106

3,897 8

1,936 9

1,981 -46

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 0.1 0.3 80.1

48.4 5.1 0.0 0.0 44.9

50.8 6.4 0.0 0.0 41.8

51.7 7.4 0.0 0.0 40.0

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

58.5 15.2 0.0 0.0 26.2

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

2.4 20.1 5.8

4.0 20.3 4.8

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

12,580 7,321 58 8,314 107 -703 3,155

28,979 17,674 1,613 22,034 912 -3,347 8,041

32,358 21,972 1,716 28,680 1,857 -5,863 10,943

38,878 27,487 1,694 39,909 3,742 -11,437 16,478

49,257 31,897 1,919 45,096 2,725 -11,875 16,816

46,903 24,384 1,592 29,966 1,823 -4,256 17,127

46,225 28,139 1,333 30,711 1,569 -591 15,421

51,228 36,663 1,483 38,458 2,363 579 15,252

164.0 95.5 18.2 12.1 12.8 26.3 4.6

93.8 57.2 22.6 26.8 14.8 48.5 4.4

100.1 68.0 12.3 36.6 10.9 49.8 4.6

123.5 87.3 15.4 41.3 7.9 48.5 5.0

155.3 100.6 16.5 37.0 4.4 33.9 4.5

223.3 116.1 21.9 34.1 4.6 31.5 6.9

174.2 106.0 14.3 31.4 4.8 31.5 6.0

108.9 77.9 12.2 32.3 5.9 38.2 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

6. Ratios

BULGARIA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

12,689 5,147 3,012 2,392 1,331 0 620 2,135 2,018 116 7,543 736

18,957 5,268 3,362 2,674 1,604 0 688 1,906 1,818 86 13,689 855

30,269 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

26,085 4,138 3,141 2,362 1,244 0 779 997 991 5 21,947 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

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

3,501 294 294 291 41 0 4 0 0 0 3,206 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

3,641 733 715 658 462 0 57 19 0 19 2,908 287

3,817 404 266 187 85 0 79 138 123 15 3,413 372

3,381 268 261 185 90 0 76 7 0 7 3,113 0

3,596 258 251 178 98 0 73 7 0 7 3,338 139

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

456 424 139 81 49 0 58 285 284 0 32 0

445 327 93 75 40 0 18 234 229 5 118 30

421 284 100 82 44 0 19 183 176 7 137 44

618 300 129 110 62 0 19 171 163 7 318 55

864 292 148 124 72 0 24 144 139 5 572 36

770 208 106 84 43 0 22 102 101 1 562 29

586 177 71 49 17 0 23 106 106 0 408 11

786 188 83 60 23 0 23 105 105 0 598 6

150 465

-42 1,564

5,416 5,222

11,969 10,704

15,585 16,202

4,913 4,617

-5,439 -5,087

-9,088 -2,562

0 12 0

0 72 0

0 14 0

0 20 0

0 83 3

0 0 123

0 0 0

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

2012

2013

2014

2015

2016

2017

2018

2019

411 88

275 77

288 72

301 65

310 59

318 51

296 44

233 37

5,926 1,041

4,518 790

3,731 540

2,839 382

1,756 250

1,317 171

1,098 105

878 53

Notes: Long-term private nonguaranteed debt data from 2008 are World Bank staff estimates based on reports provided by the country. The data may include long-term public and publicly guaranteed debt owed by the state-owned railway. 85

BURKINA FASO (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

1,435 1,226 1,226 0 124 84 5

2,000 1,861 1,861 0 117 22 0

1,132 994 994 0 49 89 0

1,465 1,258 1,258 0 52 155 0

1,689 1,510 1,510 0 69 110 0

1,921 1,720 1,720 0 201 0 0

2,179 1,937 1,937 0 217 25 0

2,420 2,056 2,056 0 233 131 0

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

42 1,226 0 53

36 1,861 0 239

39 994 0 295

37 1,258 0 389

34 1,510 0 405

34 1,720 0 154

33 1,937 0 98

34 2,056 0 117

External debt flows Disbursements Long-term external debt IMF purchases

99 91 7

223 208 15

303 284 19

232 231 1

316 298 18

272 217 54

299 277 21

183 163 20

Principal repayments Long-term external debt IMF repurchases

33 26 7

28 24 4

27 27 0

25 25 0

27 27 0

28 28 0

31 30 1

46 42 4

Net flows Long-term external debt Short-term external debt

47 65 -19

194 184 -2

344 258 67

273 206 66

244 271 -45

134 189 -110

293 247 25

243 120 106

Interest payments Long-term external debt IMF charges Short-term external debt

14 12 1 1

17 16 1 1

18 15 1 2

17 12 1 5

18 14 0 3

15 15 0 0

19 18 0 1

24 21 0 4

23 -3

52 -4

84 1

22 -1

33 -2

56 ..

35 ..

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 0.1 0.0 59.4

1.5 0.0 0.0 0.0 56.9

5.8 0.0 0.0 0.0 40.9

6.4 0.0 0.0 0.0 40.0

12.7 0.0 0.0 0.0 36.7

12.4 0.0 0.0 0.0 35.9

12.0 0.0 0.0 0.0 33.9

11.9 0.0 0.0 0.0 32.7

1.4 37.1 7.8

0.9 35.6 8.7

0.8 40.8 10.1

1.3 32.6 8.5

1.1 35.5 9.1

0.8 32.2 7.8

1.3 35.3 8.9

1.7 26.6 7.3

0.0 0.0 0.0

4.2 11.2 1.7

0.0 0.0 0.0

2,606 251 67 691 3 -319 243

5,420 583 57 1,452 7 -634 438

5,842 728 68 1,511 7 -543 555

6,754 804 84 1,767 11 -560 1,029

8,348 1,069 99 2,442 38 -963 928

8,343 1,140 96 2,035 35 -380 1,296

8,819 1,998 111 2,678 .. -183 1,068

10,188 .. 111 .. .. .. 957

572.8 55.1 18.8 5.9 71.4 16.9 4.2

343.0 36.9 7.8 1.1 84.6 21.9 3.6

155.4 19.4 6.1 7.9 68.8 49.0 4.4

182.3 21.7 5.2 10.6 66.9 70.2 7.0

158.0 20.2 4.2 6.5 70.9 54.9 4.6

168.4 23.0 3.8 .. 73.0 67.5 7.6

109.0 24.7 2.5 1.1 73.9 49.0 4.8

.. 23.8 .. 5.4 71.9 39.5 ..

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

6. Ratios

BURKINA FASO (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

1,226 1,226 1,223 1,025 0 593 198 3 0 0 0 0

1,861 1,861 1,861 1,692 0 1,043 169 0 0 0 0 0

994 994 981 779 0 371 202 12 0 0 0 0

1,258 1,258 1,232 980 0 468 252 26 0 0 0 0

1,510 1,510 1,489 1,198 0 626 291 22 0 0 0 0

1,720 1,720 1,699 1,403 0 721 296 22 0 0 0 0

1,937 1,937 1,919 1,611 0 776 308 18 0 0 0 0

2,056 2,056 2,041 1,741 0 837 301 15 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

91 91 91 76 0 38 16 0 0 0 0 0

208 208 208 196 0 107 13 0 0 0 0 0

284 284 273 235 0 125 38 12 0 0 0 0

231 231 217 167 0 80 50 14 0 0 0 0

298 298 298 242 0 160 55 0 0 0 0 0

217 217 217 200 0 90 17 0 0 0 0 0

277 277 277 248 0 67 29 0 0 0 0 0

163 163 163 155 0 68 8 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 24 15 0 0 9 3 0 0 0 0

28 28 28 17 0 0 10 0 0 0 0 0

30 30 27 18 0 0 10 2 0 0 0 0

42 42 40 24 0 3 16 3 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

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 12 0 5 3 0 0 0 0 0

18 18 18 13 0 5 5 0 0 0 0 0

21 21 21 15 0 6 5 0 0 0 0 0

-162 47

70 194

-868 344

333 273

224 244

232 134

258 293

241 243

17 81 92

71 49 0

4 1,290 0

0 3 0

1 7 0

0 3 0

1 8 0

0 0 0

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

2012

2013

2014

2015

2016

2017

2018

2019

60 24

69 25

75 25

80 25

87 24

100 24

107 23

112 22

3 1

3 0

0 0

Notes: Short-term debt is based on data from the BIS. Data include the effects of HIPC and MDRI debt relief.

BURUNDI (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

1125.9 1036.0 1036.0 0.0 24.9 65.0 19.7

1288.1 1176.3 1176.3 0.0 77.7 34.1 33.1

1372.9 1231.9 1231.9 0.0 103.3 37.6 36.6

1410.7 1277.1 1277.1 0.0 119.9 13.8 12.8

1396.3 1240.2 1240.2 0.0 138.0 18.1 4.1

620.0 406.2 406.2 0.0 206.7 7.1 0.1

642.9 403.9 403.9 0.0 223.4 15.7 0.7

627.7 386.6 386.6 0.0 240.7 0.4 0.4

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

82.1 1036.0 0.0 50.3

75.2 1176.3 0.0 39.2

76.4 1231.9 0.0 3.8

60.2 1277.1 0.0 2.4

64.4 1240.2 0.0 37.0

19.8 406.2 0.0 8.0

18.2 403.9 0.0 5.1

12.1 386.6 0.0 20.0

External debt flows Disbursements Long-term external debt IMF purchases

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

47.8 27.0 20.8

Principal repayments Long-term external debt IMF repurchases

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

6.2 4.0 2.3

Net flows Long-term external debt Short-term external debt

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

26.6 23.0 -15.0

Interest payments Long-term external debt IMF charges Short-term external debt

8.7 4.5 0.8 3.3

12.8 11.9 0.8 0.1

6.3 5.1 1.2 0.1

6.9 5.7 1.2 0.0

8.3 7.4 0.7 0.2

4.4 3.6 0.7 0.1

1.9 1.4 0.4 0.1

2.2 2.0 0.1 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

3.4 ..

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

.. 2.8 0.0 0.0 59.4

7.6 1.4 0.0 0.0 64.6

7.7 0.8 0.0 0.0 64.3

8.0 0.8 0.0 0.0 63.6

6.0 1.0 0.0 0.0 63.6

17.4 3.0 0.0 0.0 34.8

9.5 3.0 0.0 0.0 38.0

0.6 3.3 0.0 0.0 43.3

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

1.0 22.0 5.5

0.0 0.0 0.0

847.4 55.4 .. 164.9 0.4 -50.2 32.9

1135.0 98.7 0.1 343.9 2.1 -5.7 100.1

1246.2 97.8 0.0 460.4 3.4 -133.5 130.5

1325.2 98.3 0.2 450.8 4.8 -111.3 176.3

1625.0 163.9 3.6 609.4 5.3 -259.4 265.7

1821.4 119.7 28.2 538.0 8.1 -161.2 322.0

2032.7 181.9 34.5 618.7 10.1 -301.0 330.7

2332.5 243.1 45.5 790.3 8.2 -283.6 294.0

2031.9 132.9 40.9 5.8 79.1 2.9 2.4

1304.4 113.5 40.4 2.6 81.9 7.8 3.5

1404.0 110.2 19.6 2.7 81.3 9.5 3.4

1435.1 106.5 18.4 1.0 82.8 12.5 4.7

852.2 85.9 12.0 1.3 82.5 19.0 5.2

517.9 34.0 16.5 1.1 49.8 51.9 7.2

353.5 31.6 2.1 2.4 52.3 51.4 6.4

258.2 26.9 3.4 0.1 50.8 46.8 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

6. Ratios

BURUNDI (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

1036.0 1036.0 1032.0 890.4 0.0 600.5 141.6 4.0 0.0 0.0 0.0 0.0

1176.3 1176.3 1174.1 1054.8 0.0 750.8 119.3 2.1 0.0 0.0 0.0 0.0

1231.9 1231.9 1231.3 1116.2 0.0 797.0 115.0 0.6 0.0 0.0 0.0 0.0

1277.1 1277.1 1276.4 1168.4 0.0 830.1 108.0 0.7 0.0 0.0 0.0 0.0

1240.2 1240.2 1240.2 1151.3 0.0 818.5 88.9 0.0 0.0 0.0 0.0 0.0

406.2 406.2 406.2 308.8 0.0 147.2 97.4 0.0 0.0 0.0 0.0 0.0

403.9 403.9 403.9 335.9 0.0 162.7 67.9 0.0 0.0 0.0 0.0 0.0

386.6 386.6 386.6 319.2 0.0 170.2 67.5 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

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

27.0 27.0 27.0 27.0 0.0 8.9 0.0 0.0 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

4.0 4.0 4.0 2.8 0.0 0.3 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

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

5.7 5.7 5.7 5.6 0.0 2.4 0.1 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

2.0 2.0 2.0 1.9 0.0 1.1 0.1 0.0 0.0 0.0 0.0 0.0

-27.9 18.4

-70.0 34.2

84.8 47.5

37.9 31.0

-14.4 48.3

-776.3 21.6

22.9 62.0

-15.2 26.6

0.0 0.0 0.0

0.0 11.5 0.0

0.0 28.2 0.0

0.0 22.4 0.0

0.0 53.2 0.0

71.4 821.0 0.0

3.4 1.8 0.0

0.0 44.0 0.0

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

2012

2013

2014

2015

2016

2017

2018

2019

11.9 3.3

12.7 3.3

11.9 3.3

14.0 3.2

14.3 3.1

13.9 3.0

15.2 2.9

15.4 2.8

0.0 0.0

Notes: Short-term debt is based on data from the BIS. Data include the effects of Paris Club debt restructuring agreement and HIPC and MDRI debt relief.

CAMBODIA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

2,648 2,328 2,328 0 93 227 131

3,537 3,155 3,155 0 103 279 243

3,550 3,318 3,318 0 23 209 173

2,813 2,565 2,565 0 24 224 164

3,267 2,920 2,920 0 24 323 197

3,523 3,127 3,127 0 132 265 208

3,833 3,442 3,442 0 129 262 215

4,336 3,815 3,815 0 129 392 221

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

1,275 2,328 0 185

1,485 3,155 0 208

1,508 3,318 0 149

180 2,565 0 390

192 2,920 0 305

204 3,127 0 727

216 3,442 0 488

236 3,815 0 545

External debt flows Disbursements Long-term external debt IMF purchases

90 79 11

168 168 0

153 153 0

154 154 0

383 383 0

211 211 0

347 347 0

401 401 0

Principal repayments Long-term external debt IMF repurchases

14 7 7

16 8 9

15 15 0

13 13 0

19 19 0

26 26 0

33 33 0

41 41 0

Net flows Long-term external debt Short-term external debt

128 72 52

154 160 2

138 138 0

165 141 24

430 364 66

116 185 -69

303 313 -10

485 361 124

Interest payments Long-term external debt IMF charges Short-term external debt

19 12 1 5

15 12 1 2

16 13 1 2

18 15 1 3

23 21 0 2

24 22 0 1

29 28 0 1

36 34 0 2

149 0

379 0

483 0

867 0

815 0

539 0

783 0

892 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

.. 0.3 0.0 0.0 36.9

0.8 1.1 0.0 0.0 48.5

0.8 1.2 0.0 0.0 48.6

1.2 2.1 0.0 0.0 86.2

1.1 2.7 0.0 0.0 84.8

1.2 3.1 0.0 0.0 84.2

1.1 3.6 0.0 0.0 82.2

1.0 3.9 0.0 0.0 77.9

1.4 30.2 8.1

1.4 26.8 9.2

1.0 26.1 9.7

1.5 23.6 7.7

1.2 29.4 8.5

1.3 25.4 8.5

1.5 25.1 8.3

1.2 25.6 9.7

0.0 0.0 0.0

3,534 1,893 121 2,453 123 -136 502

6,006 4,096 200 4,923 227 -307 953

6,969 5,079 297 5,971 270 -262 1,157

8,263 5,748 353 6,823 353 -481 1,807

9,844 6,462 325 8,127 403 -1,051 2,292

9,918 5,877 338 7,382 358 -931 2,851

10,664 6,943 321 8,467 399 -879 3,255

12,297 7,493 354 8,789 0 -712 3,450

139.9 74.9 1.7 8.6 14.4 18.9 2.5

86.4 58.9 0.8 7.9 29.9 26.9 2.3

69.9 50.9 0.6 5.9 32.9 32.6 2.3

48.9 34.0 0.5 8.0 46.1 64.2 3.2

50.6 33.2 0.7 9.9 43.5 70.2 3.4

60.0 35.5 0.8 7.5 42.6 80.9 4.6

55.2 35.9 0.9 6.8 39.9 84.9 4.6

57.9 35.3 1.0 9.0 36.6 79.6 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

6. Ratios

CAMBODIA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

2,565 2,565 2,565 1,298 0 535 1,267 0 0 0 0 0

2,920 2,920 2,920 1,420 0 545 1,500 0 0 0 0 0

3,127 3,127 3,127 1,501 0 566 1,626 0 0 0 0 0

3,442 3,442 3,442 1,529 0 565 1,913 0 0 0 0 0

3,815 3,815 3,815 1,587 0 575 2,228 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

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

401 401 401 102 0 21 299 0 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

41 41 41 37 0 9 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

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

34 34 34 17 0 5 17 0 0 0 0 0

109 128

74 154

13 138

-737 165

453 430

257 116

310 303

503 485

0 0 0

0 106 0

458 972 0

0 0 0

0 4 0

0 0 0

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

2012

2013

2014

2015

2016

2017

2018

2019

75 48

87 51

114 53

165 53

175 53

224 52

259 50

274 47

0 0

Notes: Short-term debt is based on data from the BIS. Data include the effects of MDRI debt relief.

CAMEROON (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

10,561 9,070 8,753 317 267 1,224 205

7,700 7,059 6,467 592 307 334 280

3,419 2,881 2,392 489 45 493 425

3,087 2,794 2,158 636 55 238 39

2,827 2,724 2,088 636 62 41 41

3,239 2,783 2,168 615 453 3 3

3,195 2,741 2,164 577 445 9 9

3,074 2,562 2,101 461 442 70 2

322 8,706 364 100

51 6,467 592 48

90 2,392 489 41

1 2,158 636 446

19 2,088 636 168

61 2,168 615 622

70 2,164 577 492

0 2,101 461 1,621

External debt flows Disbursements Long-term external debt IMF purchases

354 286 69

231 227 4

162 158 4

250 242 8

284 276 8

503 356 147

278 278 0

141 141 0

Principal repayments Long-term external debt IMF repurchases

270 253 17

576 537 39

364 343 21

366 366 0

352 352 0

334 334 0

154 154 0

235 233 1

Net flows Long-term external debt Short-term external debt

-21 33 -105

-683 -310 -339

-188 -185 14

16 -124 131

-267 -77 -199

169 22 0

124 124 0

-25 -92 68

Interest payments Long-term external debt IMF charges Short-term external debt

290 215 3 72

243 228 3 12

130 124 2 4

123 114 1 8

97 91 0 5

59 57 1 0

43 42 1 0

87 86 0 0

159 0

244 -4

59 -6

189 -14

21 -1

740 0

538 0

360 0

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

.. 0.5 1.9 0.7 23.8

68.0 1.2 1.6 0.6 19.5

78.4 0.0 0.0 0.3 9.9

73.2 0.0 0.0 0.3 12.3

66.6 0.0 0.0 0.3 14.0

64.4 0.0 0.0 0.3 13.6

54.7 0.3 0.0 0.3 18.7

51.0 0.5 0.0 0.3 18.9

0.9 38.6 9.5

0.4 30.4 9.1

1.4 24.3 5.6

0.9 36.9 8.5

0.6 35.3 8.3

1.3 29.0 7.6

0.9 31.8 8.9

1.8 20.4 5.3

0.0 0.0 0.0

5.2 11.9 2.4

0.0 0.0 0.0

0.0 13.0 1.0

9,464 2,694 30 3,021 41 -218 212

16,126 4,248 77 4,977 289 -493 949

17,706 4,890 130 5,009 10 193 1,716

20,606 6,314 167 6,472 385 286 2,907

23,407 7,372 162 8,419 165 -450 3,087

22,051 5,438 184 6,835 436 -1,119 3,676

22,250 5,692 115 6,694 166 -856 3,643

25,164 .. 121 .. 0 .. 3,199

392.0 111.6 20.8 11.6 13.4 2.0 0.8

181.3 47.7 19.3 4.3 20.6 12.3 2.3

69.9 19.3 10.1 14.4 14.9 50.2 4.1

48.9 15.0 7.7 7.7 18.2 94.2 5.4

38.4 12.1 6.1 1.4 21.5 109.2 4.4

59.6 14.7 7.2 0.1 21.2 113.5 6.5

56.1 14.4 3.5 0.3 24.6 114.0 6.5

.. 12.2 .. 2.3 28.0 104.0 ..

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

6. Ratios

CAMEROON (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

9,070 8,753 8,436 1,419 218 769 7,018 317 0 172 317 0

7,059 6,467 6,384 1,585 84 1,032 4,798 83 0 40 592 0

2,881 2,392 2,327 510 46 170 1,817 65 0 46 489 0

2,794 2,158 2,152 562 40 198 1,591 5 0 5 636 0

2,724 2,088 2,083 609 35 225 1,474 6 0 5 636 0

2,783 2,168 2,154 685 30 273 1,469 14 0 14 615 0

2,741 2,164 2,144 785 24 350 1,360 20 0 20 577 0

2,562 2,101 2,078 861 19 412 1,217 23 0 23 461 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

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 33 1 0 1 39 0

242 160 160 83 0 20 77 0 0 0 82 0

276 189 189 106 0 29 83 0 0 0 87 0

356 147 139 111 0 48 28 8 0 8 209 0

278 278 272 141 0 82 131 6 0 6 0 0

141 141 137 119 0 68 18 5 0 5 0 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

343 182 182 85 39 6 97 0 0 0 161 0

366 182 163 40 5 0 123 19 0 16 183 0

352 160 160 40 5 1 120 0 0 0 192 0

334 104 104 39 5 2 66 0 0 0 229 0

154 116 116 23 5 2 92 0 0 0 38 0

233 122 121 34 5 3 87 1 0 1 111 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

215 198 198 48 22 5 149 1 0 1 17 0

228 178 177 27 5 8 150 1 0 0 51 0

124 67 67 20 4 5 47 0 0 0 57 0

114 71 49 16 2 2 33 23 0 23 42 0

91 47 47 14 2 2 33 0 0 0 44 0

57 26 26 11 2 2 15 0 0 0 31 0

42 27 27 8 1 2 19 0 0 0 15 0

86 58 57 13 1 3 43 1 0 1 28 0

-204 -21

-3,156 -683

-4,282 -188

-332 16

-260 -267

411 169

-44 124

-120 -25

254 7 0

68 227 0

21 4,554 0

4 293 0

0 34 0

0 17 0

0 64 0

0 0 0

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

2012

2013

2014

2015

2016

2017

2018

2019

142 58

133 63

138 67

186 69

182 70

245 68

249 65

259 61

55 9

55 8

55 7

55 6

55 5

55 4

55 3

55 2

Notes: Data include the effects of HIPC and MDRI debt relief.

CAPE VERDE (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

320 315 315 0 1 4 4

477 463 463 0 13 1 1

524 510 510 0 14 1 1

581 565 565 0 14 1 1

626 611 611 0 13 1 1

727 700 700 0 25 2 2

892 868 868 0 23 2 2

1,025 1,004 1,004 0 20 2 2

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

32 315 0 34

3 463 0 89

2 510 0 27

2 565 0 210

2 611 0 370

2 700 0 351

2 868 0 387

2 1,004 0 68

External debt flows Disbursements Long-term external debt IMF purchases

29 29 0

78 74 4

49 49 0

51 51 0

75 75 0

102 102 0

207 207 0

179 179 0

Principal repayments Long-term external debt IMF repurchases

11 11 0

29 29 0

25 25 0

23 23 0

25 24 1

27 25 2

28 26 2

29 27 3

Net flows Long-term external debt Short-term external debt

2 18 -16

49 45 0

24 24 0

28 28 0

50 51 0

76 77 0

179 182 0

149 152 0

Interest payments Long-term external debt IMF charges Short-term external debt

5 5 0 0

7 7 0 0

6 6 0 0

7 6 0 0

7 7 0 0

8 8 0 0

11 11 0 0

33 0

80 0

132 0

192 2

211 0

120 2

112 0

93 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 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

19.5 0.2 0.0 0.0 43.1

27.3 1.0 0.0 0.0 37.6

34.4 1.7 0.0 0.0 31.9

2.0 31.3 10.4

3.5 32.5 8.4

2.9 38.1 9.0

1.3 25.7 8.2

1.8 27.1 6.9

1.3 24.7 9.4

0.9 27.4 8.8

0.8 23.4 7.5

5.7 10.6 2.2

0.0 0.0 0.0

1.7 33.0 12.8

1.7 32.1 12.7

0.0 0.0 0.0

525 151 87 344 5 -58 28

938 373 137 695 11 -41 174

1,063 491 137 863 24 -83 254

1,300 593 139 1,092 28 -198 364

1,515 738 155 1,259 38 -205 361

1,557 589 137 1,149 26 -248 398

1,586 650 131 1,203 53 -213 382

1,846 797 177 1,444 28 -288 339

211.8 60.9 10.7 1.2 72.4 8.8 1.0

128.0 50.9 9.6 0.2 78.8 36.4 3.0

106.7 49.3 6.4 0.1 78.8 48.5 3.5

97.9 44.7 5.0 0.2 78.5 62.8 4.0

84.8 41.3 4.2 0.2 77.2 57.7 3.4

123.3 46.7 5.7 0.2 73.5 54.8 4.2

137.2 56.2 5.5 0.2 67.0 42.8 3.8

128.6 55.5 5.0 0.1 59.5 33.0 2.8

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

6. Ratios

CAPE VERDE (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

315 315 308 232 0 98 76 7 0 0 0 0

463 463 442 376 0 205 66 22 0 2 0 0

510 510 492 413 0 236 79 17 0 2 0 0

565 565 550 456 0 267 94 15 0 1 0 0

611 611 601 484 0 284 118 10 0 0 0 0

700 700 693 534 0 286 159 6 0 0 0 0

868 868 815 598 0 303 218 53 0 0 0 0

1,004 1,004 931 610 0 300 321 73 0 9 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

29 29 29 24 0 10 5 0 0 0 0 0

74 74 65 49 0 27 16 9 0 1 0 0

49 49 49 30 0 22 19 0 0 0 0 0

51 51 51 34 0 23 17 0 0 0 0 0

75 75 75 37 0 21 38 0 0 0 0 0

102 102 102 59 0 4 44 0 0 0 0 0

207 207 158 85 0 25 73 50 0 0 0 0

179 179 153 31 0 2 122 26 0 10 0 0

11 11 10 6 0 0 3 2 0 0 0 0

29 29 23 12 0 1 11 5 0 1 0 0

25 25 19 9 0 2 10 7 0 1 0 0

23 23 19 10 0 2 9 4 0 1 0 0

24 24 20 11 0 3 9 4 0 1 0 0

25 25 21 13 0 3 8 4 0 0 0 0

26 26 22 15 0 4 7 3 0 0 0 0

27 27 24 16 0 4 8 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

5 5 4 3 0 1 1 1 0 0 0 0

7 7 6 4 0 2 2 1 0 1 0 0

6 6 6 4 0 2 2 0 0 0 0 0

7 7 6 5 0 2 2 0 0 0 0 0

7 7 7 5 0 2 2 0 0 0 0 0

8 8 8 5 0 2 2 0 0 0 0 0

11 11 9 6 0 2 3 1 0 0 0 0

-9 2

13 49

47 24

56 28

46 50

101 76

165 179

133 149

0 0 0

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

2012

2013

2014

2015

2016

2017

2018

2019

26 14

40 15

43 16

46 15

50 14

53 14

55 13

0 4

0 6

0 7

CENTRAL AFRICAN REPUBLIC (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

896.9 822.1 822.1 0.0 33.6 41.2 26.1

1058.3 902.5 902.5 0.0 49.2 106.6 97.6

1049.2 893.4 893.4 0.0 56.1 99.6 90.6

1039.1 902.4 902.4 0.0 64.1 72.7 72.7

1030.7 867.7 867.7 0.0 77.4 85.6 73.6

565.0 321.2 321.2 0.0 162.1 81.7 77.7

579.6 327.9 327.9 0.0 172.6 79.1 77.1

573.0 296.9 296.9 0.0 172.0 104.1 71.1

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

97.7 821.0 1.0 28.0

227.1 901.2 1.3 3.7

218.7 892.0 1.5 2.5

183.5 900.7 1.6 3.3

171.1 867.7 0.0 53.0

168.6 321.2 0.0 5.9

148.6 327.9 0.0 56.7

101.3 296.9 0.0 13.7

External debt flows Disbursements Long-term external debt IMF purchases

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

26.2 26.2 0.0

Principal repayments Long-term external debt IMF repurchases

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

0.1 0.1 0.0

Net flows Long-term external debt Short-term external debt

-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

57.1 26.1 31.0

Interest payments Long-term external debt IMF charges Short-term external debt

6.4 4.3 0.6 1.4

1.3 0.2 0.8 0.3

18.3 16.5 1.5 0.3

20.8 19.6 0.9 0.2

6.7 6.1 0.4 0.2

3.6 3.0 0.5 0.1

1.5 1.2 0.3 0.0

0.6 0.2 0.1 0.3

0.9 ..

32.4 ..

34.6 ..

56.8 ..

116.6 ..

120.5 ..

91.7 ..

109.2 ..

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

.. 0.6 0.1 2.1 62.1

5.7 0.5 0.1 2.5 60.4

6.1 0.5 0.1 2.7 58.5

7.5 0.3 0.1 2.1 60.7

7.1 0.4 0.1 2.2 62.2

14.3 0.0 0.0 3.7 52.1

13.6 0.0 0.0 4.6 55.9

13.6 0.0 0.0 1.3 45.2

0.8 39.8 10.3

0.0 20.0 10.1

0.0 19.2 10.2

1.0 32.6 3.1

1.8 20.4 5.9

0.0 19.1 10.1

0.6 24.7 7.8

0.8 38.9 0.4

0.0 0.0 0.0

946.8 .. .. .. .. .. 133.3

1348.0 .. .. .. .. .. 139.2

1472.9 .. .. .. .. .. 125.3

1685.7 .. .. .. .. .. 82.6

1960.7 .. .. .. .. .. 121.8

1974.4 .. .. .. .. .. 210.6

1981.3 .. .. .. .. .. 181.2

2162.3 .. .. .. .. .. 154.5

.. 94.7 .. 4.6 65.0 14.9 ..

.. 78.5 .. 10.1 59.4 13.2 ..

.. 71.2 .. 9.5 58.3 11.9 ..

.. 61.6 .. 7.0 58.0 7.9 ..

.. 52.6 .. 8.3 55.4 11.8 ..

.. 28.6 .. 14.5 8.8 37.3 ..

.. 29.3 .. 13.7 7.1 31.3 ..

.. 26.5 .. 18.2 6.1 27.0 ..

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

6. Ratios

CENTRAL AFRICAN REPUBLIC (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

822.1 822.1 766.9 583.3 0.0 391.3 183.5 55.2 0.0 0.0 0.0 0.0

902.5 902.5 845.7 628.3 0.0 422.7 217.5 56.7 0.0 0.0 0.0 0.0

893.4 893.4 836.4 612.1 0.0 395.1 224.3 57.0 0.0 0.0 0.0 0.0

902.4 902.4 845.0 602.5 0.0 402.8 242.5 57.3 0.0 0.0 0.0 0.0

867.7 867.7 810.5 571.3 0.0 389.9 239.2 57.2 0.0 0.0 0.0 0.0

321.2 321.2 264.1 49.8 0.0 9.0 214.4 57.1 0.0 0.0 0.0 0.0

327.9 327.9 268.9 41.3 0.0 13.9 227.6 59.0 0.0 0.0 0.0 0.0

296.9 296.9 269.8 34.9 0.0 19.0 235.0 27.1 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

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

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

26.2 26.2 26.2 7.6 0.0 5.2 18.6 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

0.1 0.1 0.0 0.0 0.0 0.0 0.0 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

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

0.2 0.2 0.2 0.1 0.0 0.1 0.1 0.0 0.0 0.0 0.0 0.0

-52.4 -13.8

-60.8 -5.6

-9.1 -42.8

-10.1 -43.2

-8.5 17.9

-465.7 8.7

14.6 16.2

-6.5 57.1

2.9 0.7 0.0

0.0 0.0 0.0

35.5 5.4 0.0

3.2 14.1 0.0

23.4 519.5 0.0

27.7 22.1 0.0

0.0 0.0 0.0

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

2012

2013

2014

2015

2016

2017

2018

2019

6.4 1.1

6.8 1.2

8.4 1.2

10.4 1.2

10.4 1.1

8.4 1.1

8.2 1.0

8.8 1.0

0.4 0.0

0.1 0.0

0.0 0.0

Notes: Long-term public and publicly guaranteed debt data for 2011 are revised based on reports provided by the country. Short-term debt is based on data from the BIS. Data include the effects of HIPC and MDRI debt relief. 97

CHAD (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

1,101 986 986 0 90 25 10

1,598 1,494 1,494 0 93 11 6

1,720 1,627 1,627 0 82 12 8

1,812 1,712 1,712 0 71 29 6

1,765 1,705 1,705 0 55 4 4

1,830 1,714 1,714 0 113 4 4

1,816 1,708 1,708 0 99 8 7

1,821 1,710 1,710 0 91 19 7

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

40 1,708 0 21

44 1,710 0 52

External debt flows Disbursements Long-term external debt IMF purchases

59 46 14

116 110 6

102 102 0

50 50 0

97 97 0

38 38 0

57 57 0

55 55 0

Principal repayments Long-term external debt IMF repurchases

14 13 1

37 24 13

40 24 16

49 34 15

119 105 14

55 43 13

57 46 11

61 53 8

Net flows Long-term external debt Short-term external debt

44 33 -2

75 85 -3

61 78 -1

21 17 19

-44 -7 -23

-17 -5 0

2 12 1

5 2 11

Interest payments Long-term external debt IMF charges Short-term external debt

11 9 1 1

17 16 1 0

18 16 1 0

20 19 1 1

19 18 0 0

23 23 0 0

17 17 0 0

115 ..

-99 ..

-279 ..

-69 ..

234 ..

1,105 ..

1,940 ..

1,855 ..

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 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

3.2 0.0 0.0 0.0 56.9

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

0.6 44.3 4.8

0.0 0.0 0.0

1,368 .. .. .. .. .. 111

4,277 .. .. .. .. .. 226

4,888 .. .. .. .. .. 625

5,817 .. .. .. .. .. 955

6,687 .. .. .. .. .. 1,345

6,678 .. .. .. .. .. 617

7,850 .. .. .. .. .. 632

8,496 .. .. .. .. .. 951

.. 80.5 .. 2.2 75.8 10.1 ..

.. 37.3 .. 0.7 83.9 14.1 ..

.. 35.2 .. 0.7 84.3 36.3 ..

.. 31.1 .. 1.6 84.3 52.7 ..

.. 26.4 .. 0.2 83.3 76.2 ..

.. 27.4 .. 0.2 81.0 33.7 ..

.. 23.1 .. 0.5 81.7 34.8 ..

.. 21.4 .. 1.1 81.9 52.2 ..

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

6. Ratios

CHAD (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

1,710 1,710 1,681 1,491 0 845 190 29 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

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

55 55 55 54 0 6 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

53 53 52 44 0 23 8 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

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

17 17 17 13 0 7 4 0 0 0 0 0

-9 44

-57 75

123 61

91 21

-47 -44

65 -17

-14 2

5 5

0 0 0

12 18 0

0 22 0

0 5 0

0 4 0

0 5 0

0 0 0

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

2012

2013

2014

2015

2016

2017

2018

2019

76 19

75 18

84 18

90 16

87 15

87 14

83 13

82 12

2 0

1 0

0 0

Notes: Long-term public and publicly guaranteed debt data for 2011 are World Bank staff estimates. Short-term debt is based on data from the BIS. Data include the effects of HIPC debt relief. 99

CHILE (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

37,407 31,076 5,215 25,861 159 6,172 0

45,571 38,308 9,123 29,184 174 7,089 0

50,352 38,699 9,354 29,344 183 11,470 0

56,360 42,602 9,294 33,308 193 13,565 0

63,911 49,279 8,764 40,515 188 14,444 0

69,884 54,040 9,271 44,769 1,281 14,563 0

81,435 65,308 13,519 51,789 1,258 14,869 0

96,245 77,826 16,354 61,472 1,254 17,164 0

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

0 5,135 25,941 171

0 9,120 29,188 995

0 9,342 29,357 1,423

0 9,283 33,319 894

0 8,756 40,523 1,063

0 9,265 44,775 1,995

0 13,515 51,793 4,397

0 16,350 61,476 3,934

External debt flows Disbursements Long-term external debt IMF purchases

4,943 4,943 0

9,156 9,156 0

12,626 12,626 0

13,791 13,791 0

18,999 18,999 0

20,959 20,959 0

23,148 23,148 0

25,979 25,979 0

Principal repayments Long-term external debt IMF repurchases

3,940 3,940 0

6,064 6,064 0

12,545 12,545 0

9,743 9,743 0

14,272 14,272 0

16,379 16,379 0

12,287 12,287 0

12,846 12,846 0

Net flows Long-term external debt Short-term external debt

2,859 1,004 1,855

2,730 3,093 -363

4,462 81 4,381

6,143 4,048 2,095

5,607 4,728 879

4,699 4,580 119

11,168 10,861 306

15,428 13,133 2,295

Interest payments Long-term external debt IMF charges Short-term external debt

2,242 2,081 7 154

1,514 1,288 5 221

1,998 1,653 7 338

2,155 1,595 7 553

1,863 1,546 2 315

1,763 1,454 3 306

2,224 1,844 4 376

2,600 2,209 1 390

4,860 -427

6,984 1,571

7,298 -124

12,534 388

15,150 1,948

12,887 328

15,373 1,774

17,299 4,477

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

.. 5.0 0.2 0.1 83.9

0.9 0.4 0.0 0.0 98.0

1.1 2.5 0.0 0.0 95.8

1.1 2.2 0.0 0.0 96.0

1.1 0.0 0.0 0.0 98.3

1.0 0.0 0.0 0.0 98.5

0.7 0.0 0.0 0.0 94.7

0.5 0.0 0.0 0.0 94.2

1.0 20.0 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

0.5 8.7 5.2

6.8 3.0 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 6.2 5.9

3.2 9.0 9.0

3.5 8.6 8.2

72,333 24,891 13 26,346 2,539 -898 15,035

112,769 50,853 13 51,187 11,416 1,449 16,929

136,308 69,885 3 66,137 19,913 7,154 19,392

154,216 83,259 3 78,930 22,832 7,458 16,837

166,715 83,010 3 89,247 17,430 -3,307 23,072

161,463 70,526 4 68,572 15,951 3,518 25,283

201,605 90,616 3 91,862 21,256 3,269 27,816

234,565 101,481 3 107,119 18,887 -3,220 41,932

150.3 51.7 24.8 16.5 3.8 40.2 6.8

89.6 40.4 14.9 15.6 1.8 37.1 4.0

72.1 36.9 20.8 22.8 1.8 38.5 3.5

67.7 36.5 14.3 24.1 1.6 29.9 2.6

77.0 38.3 19.4 22.6 1.2 36.1 3.1

99.1 43.3 25.7 20.8 1.2 36.2 4.4

89.9 40.4 16.0 18.3 1.0 34.2 3.6

94.8 41.0 15.2 17.8 0.8 43.6 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

6. Ratios

100

CHILE (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

31,076 5,215 1,897 1,416 808 7 481 3,318 0 3,250 25,861 6,339

38,308 9,123 1,089 829 289 4 260 8,034 5,406 2,628 29,184 4,761

38,699 9,354 1,151 898 346 3 252 8,204 5,938 2,266 29,344 4,779

42,602 9,294 1,131 908 354 2 223 8,163 5,401 2,762 33,308 3,631

49,279 8,764 1,003 793 200 2 210 7,761 4,513 3,248 40,515 5,399

54,040 9,271 1,040 848 215 1 192 8,231 5,413 2,818 44,769 6,656

65,308 13,519 1,024 801 189 0 222 12,495 8,995 3,250 51,789 10,440

77,826 16,354 933 732 131 0 201 15,421 11,346 3,825 61,472 14,028

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

4,943 346 147 113 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

12,626 1,192 112 92 62 0 20 1,079 650 429 11,434 813

13,791 685 60 47 14 0 13 626 0 626 13,105 843

18,999 1,034 136 126 53 0 10 899 0 899 17,965 1,680

20,959 2,413 109 109 29 0 0 2,303 900 1,403 18,547 3,045

23,148 4,528 111 51 32 0 60 4,417 3,535 632 18,620 4,687

25,979 2,588 44 43 14 0 1 2,544 2,480 64 23,391 7,353

3,940 759 279 178 115 1 100 480 0 479 3,181 0

6,064 1,352 369 346 206 1 23 983 422 537 4,711 195

12,545 967 62 24 5 1 38 905 118 787 11,578 765

9,743 733 58 40 6 1 18 675 537 138 9,010 1,105

14,272 1,583 261 244 207 1 17 1,322 888 435 12,689 1,002

16,379 1,909 75 55 14 1 21 1,833 0 1,833 14,470 1,799

12,287 319 119 96 58 1 23 199 0 199 11,968 962

12,846 1,091 132 112 72 0 20 958 50 908 11,755 1,920

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

2,081 377 138 112 70 0 26 239 0 234 1,704 440

1,288 458 49 43 16 0 6 409 299 110 829 347

1,653 493 49 43 17 0 6 444 313 131 1,160 359

1,595 528 55 50 20 0 5 473 336 136 1,068 345

1,546 528 47 42 13 0 5 481 249 233 1,018 326

1,454 422 40 31 6 0 9 382 281 101 1,032 470

1,844 418 27 23 2 0 4 392 337 55 1,425 590

2,209 549 26 23 1 0 2 523 488 32 1,660 776

2,434 2,859

1,669 2,730

4,781 4,462

6,008 6,143

7,551 5,607

5,973 4,699

11,551 11,168

14,810 15,428

0 0 0

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

2012

2013

2014

2015

2016

2017

2018

2019

108 23

126 22

120 21

127 21

126 19

122 17

98 15

87 13

18,351 3,305

12,989 2,551

11,089 1,888

6,843 1,502

5,627 1,203

3,655 980

3,951 788

3,297 573

101

CHINA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

145,648 132,259 94,470 37,789 309 13,080 0

283,293 134,688 84,196 50,492 338 148,267 0

323,117 149,384 85,718 63,666 356 173,377 0

373,457 169,385 87,101 82,284 374 203,698 0

380,165 192,612 90,838 101,774 365 187,188 0

443,155 191,688 94,038 97,650 10,958 240,509 0

558,344 200,056 89,209 110,847 10,764 347,524 0

685,418 197,776 91,664 106,112 10,731 476,911 0

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

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 89,080 110,976 11,758

0 92,148 105,628 15,355

External debt flows Disbursements Long-term external debt IMF purchases

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

36,884 36,884 0

Principal repayments Long-term external debt IMF repurchases

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

29,511 29,511 0

39,320 39,320 0

Net flows Long-term external debt Short-term external debt

-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

119,928 12,913 107,015

126,951 -2,436 129,387

Interest payments Long-term external debt IMF charges Short-term external debt

7,245 6,064 14 1,168

6,530 3,218 10 3,302

9,375 3,820 14 5,541

11,418 5,464 13 5,942

9,301 4,812 3 4,486

6,355 3,122 25 3,208

34,128 6,291 34 27,802

38,729 7,916 12 30,802

38,399 6,912

104,109 20,569

124,082 42,861

156,249 18,478

171,535 8,464

131,057 29,117

243,703 31,357

220,143 5,308

2. Other non-debt resource inflows

Foreign direct investment Portfolio equity

3. Currency composition of public and publicly guaranteed debt (%) .. 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 7.4 0.0 0.0 83.8

6.1 6.0 0.0 0.0 86.5

7.2 21.1 4.9

4.3 22.5 5.5

5.4 24.3 5.7

5.4 23.2 5.4

3.5 24.3 5.8

1.7 26.6 5.8

1.9 25.7 6.2

3.0 25.9 6.0

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 24.5 4.3

17.9 34.5 23.8

1,183,809 292,111 5,237 277,904 20,198 20,518 168,278

2,240,803 809,731 8,832 701,218 47,566 132,378 821,514

2,707,551 1,028,022 11,150 824,246 49,458 231,843 1,068,493

3,501,856 1,338,833 17,513 1,022,752 61,893 353,183 1,530,282

4,539,527 1,605,353 22,694 1,227,941 72,637 420,569 1,949,260

4,998,556 1,368,583 22,903 1,156,985 105,948 243,257 2,416,044

5,904,632 1,790,140 33,440 1,593,015 159,637 237,810 2,866,079

7,306,634 2,141,686 40,483 1,965,233 145,241 201,714 3,202,789

49.9 12.3 9.1 9.0 17.7 115.5 7.3

35.0 12.6 3.4 52.3 9.3 290.0 14.1

31.4 11.9 2.7 53.7 8.6 330.7 15.6

27.9 10.7 2.4 54.5 7.8 409.8 18.0

23.7 8.4 2.1 49.2 8.1 512.7 19.0

32.4 8.9 2.9 54.3 7.5 545.2 25.1

31.2 9.5 3.6 62.2 6.3 513.3 21.6

32.0 9.4 3.6 69.6 5.1 467.3 19.6

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

6. Ratios

102

CHINA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

200,056 89,209 66,233 35,120 12,962 9,000 31,113 22,976 10,273 2,202 110,847 17,976

197,776 91,664 66,840 34,638 13,021 7,489 32,202 24,823 11,545 2,456 106,112 30,025

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

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

36,884 15,549 6,481 2,841 1,261 0 3,640 9,068 3,848 655 21,335 12,950

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

29,511 9,802 4,614 1,795 1,086 349 2,819 5,188 431 372 19,708 277

39,320 13,250 6,059 3,293 1,207 1,539 2,767 7,191 2,555 395 26,069 900

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

6,064 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

6,291 2,626 1,844 522 143 67 1,321 783 393 32 3,665 672

7,916 2,797 1,832 637 132 72 1,195 964 532 41 5,119 1,990

-2,916 -2,457

37,383 40,789

39,824 33,514

50,340 46,823

6,707 -2,280

62,990 43,521

115,189 119,928

127,074 126,951

0 0 0

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

2012

2013

2014

2015

2016

2017

2018

2019

7,376 2,072

6,873 1,850

6,756 1,632

6,521 1,425

6,327 1,230

6,268 1,038

6,014 849

5,822 662

35,966 5,658

22,916 4,587

16,456 3,856

17,156 3,039

14,273 1,914

7,149 1,242

6,189 847

561 610

Notes: Long-term public and publicly guaranteed, long-term private nonguaranteed, and short-term debt data for 2011 are World Bank staff estimates based on creditors and market data. 103

COLOMBIA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

33,231 30,211 19,952 10,259 149 2,871 0

37,197 30,858 21,869 8,989 163 6,176 0

37,639 32,704 24,163 8,541 172 4,763 0

43,421 38,079 26,967 11,112 181 5,161 0

46,271 40,462 28,650 11,812 176 5,633 0

53,054 47,884 35,135 12,749 1,157 4,013 0

64,124 54,778 36,700 18,078 1,137 8,209 0

76,918 64,968 39,040 25,928 1,134 10,816 0

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

8 19,951 10,261 3,782

0 21,868 8,990 4,875

0 24,162 8,542 4,916

0 26,966 11,113 4,589

0 28,173 12,289 5,098

0 34,608 13,276 7,971

0 36,197 18,581 3,167

0 38,691 26,277 4,032

External debt flows Disbursements Long-term external debt IMF purchases

3,753 3,753 0

6,518 6,518 0

8,944 8,944 0

8,805 8,805 0

7,086 7,086 0

13,146 13,146 0

12,840 12,840 0

16,310 16,310 0

Principal repayments Long-term external debt IMF repurchases

2,890 2,890 0

7,276 7,276 0

7,641 7,641 0

5,463 5,463 0

4,745 4,745 0

5,784 5,784 0

6,436 6,436 0

6,400 6,400 0

Net flows Long-term external debt Short-term external debt

-231 863 -1,094

298 -758 1,056

-111 1,303 -1,413

3,740 3,342 398

2,813 2,341 472

5,742 7,362 -1,620

10,600 6,404 4,196

12,517 9,910 2,607

Interest payments Long-term external debt IMF charges Short-term external debt

2,130 1,952 6 172

2,772 2,513 5 254

2,524 2,297 7 220

2,948 2,698 6 244

2,990 2,724 1 265

2,886 2,694 3 189

3,214 2,824 4 386

3,696 3,187 1 508

2,436 17

10,252 86

6,656 -30

9,487 790

10,182 -86

7,137 67

6,899 1,351

13,234 1,985

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 0.8 0.0 72.3

4.3 1.7 0.8 0.0 84.3

3.6 1.4 0.8 0.0 87.4

3.5 1.1 0.8 0.0 89.3

1.4 1.1 0.0 0.0 93.4

1.1 2.2 0.0 0.0 94.1

1.0 2.3 0.0 0.0 94.8

0.1 2.3 0.0 0.0 96.3

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 23.2 7.1

1.6 23.9 7.0

1.7 22.0 5.9

0.9 17.3 9.0

7.6 10.3 7.5

8.0 11.5 10.2

7.5 18.3 17.9

9.2 13.6 13.4

6.8 14.5 13.7

6.6 14.0 13.6

7.5 12.0 11.2

4.9 11.4 11.1

98,048 16,850 1,610 17,728 655 795 8,916

141,064 25,289 3,346 31,257 3,565 -1,886 14,787

156,805 29,816 3,928 37,547 4,591 -2,989 15,296

199,659 35,844 4,523 47,050 6,598 -5,977 20,767

234,306 44,349 4,884 56,561 8,663 -6,699 23,479

226,816 39,427 4,180 49,000 7,628 -4,960 24,748

276,820 46,463 4,058 59,698 9,792 -8,760 27,766

316,465 64,668 4,205 79,595 14,111 -9,980 31,386

197.2 33.9 29.8 8.6 17.3 26.8 6.0

147.1 26.4 39.7 16.6 24.6 39.8 5.7

126.2 24.0 34.1 12.7 27.8 40.6 4.9

121.1 21.7 23.5 11.9 25.3 47.8 5.3

104.3 19.7 17.4 12.2 27.9 50.7 5.0

134.6 23.4 22.0 7.6 27.4 46.6 6.1

138.0 23.2 20.8 12.8 24.6 43.3 5.6

118.9 24.3 15.6 14.1 20.9 40.8 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

6. Ratios

104

COLOMBIA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

30,211 19,952 6,868 5,761 1,920 7 1,107 13,084 8,201 4,252 10,259 762

30,858 21,869 9,862 9,152 3,896 4 710 12,007 10,927 824 8,989 370

32,704 24,163 11,079 10,466 4,563 3 613 13,084 12,162 777 8,541 540

38,079 26,967 11,541 10,989 4,756 2 552 15,427 12,354 2,243 11,112 809

40,462 28,650 13,408 12,907 5,438 2 502 15,242 12,280 2,224 11,812 809

47,884 35,135 14,990 14,557 6,570 1 433 20,145 17,159 2,212 12,749 2,709

54,778 36,700 16,151 15,760 7,504 0 391 20,549 17,686 2,085 18,078 3,329

64,968 39,040 16,580 16,072 7,583 0 508 22,460 19,880 1,800 25,928 6,049

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

3,753 2,889 610 513 266 0 97 2,279 1,804 469 865 0

6,518 4,397 1,469 1,469 705 0 0 2,928 2,304 616 2,121 0

8,944 5,579 2,238 2,220 942 0 18 3,341 2,696 645 3,364 170

8,805 4,439 1,583 1,582 564 0 2 2,856 1,293 1,562 4,366 469

7,086 3,854 2,558 2,537 847 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

16,310 4,471 1,459 1,308 380 0 152 3,012 2,611 401 11,839 2,720

2,890 2,058 547 451 242 1 96 1,511 469 838 832 110

7,276 4,584 2,096 1,985 218 1 111 2,488 1,723 680 2,692 0

7,641 3,735 1,049 919 259 1 131 2,686 1,879 693 3,906 0

5,463 2,736 1,237 1,161 432 1 76 1,499 1,353 101 2,727 200

4,745 2,040 753 666 158 1 87 1,287 953 315 2,705 0

5,784 1,658 808 722 216 1 87 850 623 212 4,126 0

6,436 2,188 986 944 342 1 42 1,202 983 204 4,248 0

6,400 2,207 1,025 990 296 0 35 1,183 481 686 4,193 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

1,952 1,334 461 414 126 0 47 873 515 298 618 84

2,513 1,876 502 477 174 0 25 1,374 1,284 70 637 36

2,297 1,590 519 499 210 0 20 1,072 1,005 53 707 43

2,698 1,898 631 612 256 0 19 1,267 1,058 49 800 75

2,724 2,068 617 601 241 0 16 1,451 1,112 184 656 68

2,694 1,977 574 561 242 0 13 1,403 1,073 170 718 129

2,824 2,118 540 530 249 0 10 1,577 1,282 125 707 221

3,187 2,087 516 507 250 0 9 1,571 1,315 87 1,100 308

-538 -231

-56 298

441 -111

5,782 3,740

2,850 2,813

6,783 5,742

11,070 10,600

12,794 12,517

0 0 0

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

2012

2013

2014

2015

2016

2017

2018

2019

1,110 358

1,077 340

1,333 313

1,212 284

1,182 257

1,108 230

1,227 205

939 180

4,903 2,758

3,509 2,517

4,198 2,392

6,918 2,178

2,367 1,835

4,381 1,685

633 1,453

6,539 1,294

105

COMOROS (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

226.7 204.0 204.0 0.0 2.4 20.3 11.3

280.8 255.3 255.3 0.0 1.0 24.5 21.5

284.8 257.5 257.5 0.0 1.1 26.2 22.2

289.2 276.5 276.5 0.0 1.1 11.6 7.6

278.8 267.4 267.4 0.0 6.2 5.2 5.2

288.4 260.2 260.2 0.0 23.4 4.7 4.7

280.6 250.7 250.7 0.0 25.4 4.4 4.4

277.9 245.5 245.5 0.0 27.7 4.7 4.7

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

46.1 204.0 0.0 0.0

63.4 255.3 0.0 0.6

67.5 257.5 0.0 0.0

26.2 276.5 0.0 0.0

24.0 267.4 0.0 0.0

21.2 260.2 0.0 0.0

16.6 250.7 0.0 31.8

16.7 245.5 0.0 0.0

External debt flows Disbursements Long-term external debt IMF purchases

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

2.4 0.0 2.4

2.5 0.0 2.5

Principal repayments Long-term external debt IMF repurchases

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

2.2 2.2 0.0

Net flows Long-term external debt Short-term external debt

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

-0.7 -3.1 0.0

0.2 -2.2 0.0

Interest payments Long-term external debt IMF charges Short-term external debt

1.5 0.8 0.0 0.6

1.5 1.3 0.0 0.2

1.4 1.2 0.0 0.2

13.4 13.1 0.0 0.2

4.2 4.2 0.0 0.0

2.9 2.9 0.1 0.0

1.2 1.1 0.0 0.0

1.7 1.7 0.0 0.0

0.1 ..

0.6 ..

0.8 ..

7.7 ..

4.6 ..

13.8 ..

3.9 ..

6.8 ..

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

.. 0.0 0.0 0.0 32.4

12.5 0.0 0.0 0.0 41.1

12.4 0.0 0.0 0.0 41.8

11.7 0.0 0.0 0.0 43.1

11.6 0.0 0.0 0.0 43.7

11.6 0.0 0.0 0.0 44.3

11.6 0.0 0.0 0.0 45.0

11.3 0.0 0.0 0.0 45.0

0.0 0.0 0.0

1.0 39.7 10.2

0.0 0.0 0.0

0.0 25.8 5.3

0.0 0.0 0.0

202.2 .. .. .. .. .. 43.2

385.9 59.5 .. 138.3 .. -26.8 85.8

403.6 63.5 .. 155.7 .. -22.5 93.5

466.9 69.7 .. 174.7 .. -29.5 117.2

530.3 81.1 .. 254.8 .. -68.8 112.2

534.6 79.7 .. 245.4 .. -45.9 150.3

538.8 .. .. .. .. .. 145.3

609.7 .. .. .. .. .. 155.2

.. 112.1 .. 9.0 73.2 19.1 ..

471.9 72.8 6.8 8.7 73.8 30.6 7.4

448.4 70.6 5.9 9.2 76.2 32.8 7.2

415.2 61.9 37.6 4.0 78.9 40.5 8.0

343.7 52.6 15.2 1.9 78.7 40.2 5.3

361.8 53.9 14.9 1.6 74.4 52.1 7.3

.. 52.1 .. 1.6 72.7 51.8 ..

.. 45.6 .. 1.7 71.4 55.8 ..

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

6. Ratios

106

COMOROS (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

204.0 204.0 204.0 165.9 0.0 70.8 38.1 0.0 0.0 0.0 0.0 0.0

255.3 255.3 255.3 207.3 0.0 111.1 48.0 0.0 0.0 0.0 0.0 0.0

257.5 257.5 257.5 216.9 0.0 117.1 40.6 0.0 0.0 0.0 0.0 0.0

276.5 276.5 276.5 228.1 0.0 124.4 48.4 0.0 0.0 0.0 0.0 0.0

267.4 267.4 267.4 219.4 0.0 122.3 48.0 0.0 0.0 0.0 0.0 0.0

260.2 260.2 260.2 214.6 0.0 120.4 45.6 0.0 0.0 0.0 0.0 0.0

250.7 250.7 250.7 203.8 0.0 115.5 46.9 0.0 0.0 0.0 0.0 0.0

245.5 245.5 245.5 198.6 0.0 112.0 46.9 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

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

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 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

2.2 2.2 2.2 2.2 0.0 0.7 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

0.8 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

1.7 1.7 1.7 1.3 0.0 0.8 0.4 0.0 0.0 0.0 0.0 0.0

-2.1 2.3

-15.6 0.7

4.0 1.6

4.5 -8.0

-10.4 -5.5

9.5 -2.1

-7.8 -0.7

-2.6 0.2

0.0 0.0 0.0

68.6 0.0 0.0

0.0 0.0 0.0

28.9 1.7 0.0

0.0 2.7 0.0

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

2012

2013

2014

2015

2016

2017

2018

2019

7.4 1.6

6.6 1.6

6.8 1.5

7.3 1.5

8.9 1.5

9.0 1.4

10.0 1.4

10.3 1.3

0.0 0.0

Notes: Data include the effects of Paris Club debt restructuring agreements signed in 2010 and HIPC debt relief.

107

CONGO, DEMOCRATIC REPUBLIC OF (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

11,805 7,880 7,880 0 503 3,421 3,042

10,715 9,403 9,403 0 914 397 359

11,357 9,878 9,878 0 962 517 375

12,485 10,918 10,918 0 945 622 442

12,336 10,876 10,876 0 787 673 467

13,097 10,893 10,893 0 1,601 603 489

6,204 4,613 4,613 0 1,110 481 267

5,448 3,940 3,940 0 1,258 250 73

4,949 7,867 13 0

1,177 9,403 0 45

1,257 9,878 0 45

1,511 10,918 0 0

1,662 10,876 0 35

2,227 10,893 0 11

680 4,613 0 77

123 3,940 0 818

External debt flows Disbursements Long-term external debt IMF purchases

0 0 0

288 249 39

183 183 0

116 116 0

110 110 0

413 131 282

153 78 76

233 77 156

Principal repayments Long-term external debt IMF repurchases

0 0 0

112 112 0

142 142 0

219 155 64

307 170 137

376 226 150

145 88 57

130 130 0

Net flows Long-term external debt Short-term external debt

20 0 20

95 137 -81

145 41 104

-65 -39 38

-171 -60 26

-55 -94 -92

108 -11 100

66 -53 -37

Interest payments Long-term external debt IMF charges Short-term external debt

30 0 5 25

106 97 6 3

148 134 9 5

282 266 9 6

286 275 5 6

249 242 6 2

129 125 3 2

123 120 1 2

72 ..

167 ..

238 ..

1,794 ..

1,673 ..

-278 ..

2,729 ..

1,596 ..

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

.. 4.8 1.1 0.2 44.6

30.1 7.3 1.2 0.3 45.8

31.4 6.8 1.3 0.3 45.0

31.0 6.3 1.2 0.3 41.7

28.9 7.9 0.9 0.3 41.9

29.3 7.7 1.0 0.2 41.4

8.0 0.0 0.1 0.1 44.5

2.9 0.0 0.0 0.0 52.7

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 6.6 2.1

1.0 34.3 11.6

1.5 23.2 7.2

1.2 17.1 3.5

0.0 0.0 0.0

0.0 1.3 0.2

0.0 0.0 0.0

0.0 5.9 0.4

0.0 0.0 0.0

3,918 .. .. .. .. .. 83

6,684 2,756 .. 3,892 .. -389 131

8,354 3,155 .. 3,829 .. 48 155

9,380 6,566 .. 6,901 .. 527 181

10,345 7,716 .. 8,863 .. -151 78

10,418 5,047 .. 7,571 .. -1,123 1,035

12,199 8,915 .. 11,931 131 -2,174 1,300

14,375 10,379 .. 13,071 .. -1,281 1,268

.. 301.3 .. 29.0 18.3 0.7 ..

388.8 160.3 7.9 3.7 28.5 1.2 0.4

359.9 135.9 9.2 4.5 28.9 1.4 0.5

190.1 133.1 7.6 5.0 32.5 1.4 0.3

159.9 119.2 7.7 5.5 33.7 0.6 0.1

259.5 125.7 12.4 4.6 32.1 7.9 1.6

69.6 50.9 3.1 7.8 42.0 20.9 1.3

52.5 37.9 2.4 4.6 44.3 23.3 1.2

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

6. Ratios

108

CONGO, DEMOCRATIC REPUBLIC OF (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

7,880 7,880 7,384 2,164 81 1,188 5,220 496 3 81 0 0

9,403 9,403 9,033 3,050 0 2,050 5,983 370 1 1 0 0

9,878 9,878 9,512 3,282 0 2,251 6,230 367 1 1 0 0

10,918 10,918 10,561 4,058 0 2,402 6,503 357 0 1 0 0

10,876 10,876 10,524 4,151 0 2,437 6,373 351 0 0 0 0

10,893 10,893 10,561 4,205 0 2,497 6,356 332 0 0 0 0

4,613 4,613 4,487 2,604 0 849 1,883 126 0 0 0 0

3,940 3,940 3,923 2,411 0 887 1,512 16 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

249 249 249 249 0 226 0 0 0 0 0 0

183 183 183 143 0 138 39 0 0 0 0 0

116 116 115 105 0 99 10 1 0 0 0 0

110 110 110 100 0 92 10 0 0 0 0 0

131 131 131 121 0 85 10 0 0 0 0 0

78 78 58 56 0 19 2 20 0 0 0 0

77 77 77 62 0 43 15 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

88 88 84 56 0 1 28 4 0 0 0 0

130 130 127 122 0 0 6 3 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

97 97 95 52 0 12 43 1 0 0 0 0

134 134 132 62 0 12 70 2 0 0 0 0

266 266 264 113 0 14 151 2 0 0 0 0

275 275 272 126 0 15 145 3 0 0 0 0

242 242 240 125 0 16 115 2 0 0 0 0

125 125 124 120 0 12 4 0 0 0 0 0

120 120 120 115 0 7 5 0 0 0 0 0

-362 20

-843 95

643 145

1,128 -65

-149 -171

761 -55

-6,893 108

-756 66

0 0 0

34 85 0

14 37 0

0 40 0

0 48 0

0 37 0

1,189 6,653 0

0 244 0

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

2012

2013

2014

2015

2016

2017

2018

2019

222 104

236 105

256 103

258 99

256 95

296 90

235 86

235 82

3 0

0 0

Notes: Short-term debt is based on data from the BIS. Data include the effects of Paris Club debt restructuring agreement and MDRI and HIPC debt relief.

109

CONGO, REPUBLIC OF (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

4,865 3,735 3,735 0 54 1,076 655

6,258 5,471 5,471 0 40 747 736

6,685 5,824 5,824 0 50 811 749

5,788 5,331 5,331 0 53 404 299

5,991 5,531 5,531 0 53 407 270

5,224 4,852 4,852 0 168 204 137

2,618 2,218 2,218 0 150 251 134

2,523 2,157 2,157 0 155 211 117

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

1,759 3,735 0 24

2,579 5,471 0 603

2,639 5,824 0 17

1,092 5,331 0 10

1,058 5,531 0 13

512 4,852 0 394

412 2,218 0 79

368 2,157 0 313

External debt flows Disbursements Long-term external debt IMF purchases

15 1 14

195 183 12

163 152 12

28 28 0

21 19 2

10 7 4

506 504 2

214 208 6

Principal repayments Long-term external debt IMF repurchases

6 6 0

77 65 12

54 50 4

74 74 0

107 107 0

92 92 0

86 86 0

77 77 0

Net flows Long-term external debt Short-term external debt

-52 -5 -61

128 118 11

161 102 51

-3 -46 43

-54 -88 32

-151 -85 -70

469 418 50

114 131 -23

Interest payments Long-term external debt IMF charges Short-term external debt

39 7 1 30

35 34 1 0

34 31 1 2

35 29 1 5

65 62 0 3

75 73 0 1

28 27 0 1

25 24 0 2

166 ..

801 ..

1,488 ..

2,638 ..

2,526 ..

1,862 ..

2,209 ..

2,931 ..

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 4.8 0.3 29.5

36.7 0.1 5.2 0.2 52.0

36.8 0.1 6.3 0.2 50.7

42.8 0.2 6.2 0.3 43.2

41.2 0.2 4.4 0.3 47.7

43.3 0.0 5.4 0.3 44.5

7.2 0.0 0.0 0.1 83.1

7.0 0.0 0.0 0.1 82.4

2.0 15.0 7.0

0.3 17.1 5.1

2.4 39.5 10.4

1.0 19.7 5.0

2.8 19.5 5.0

0.9 19.5 5.2

3.2 16.0 6.1

1.5 20.3 4.7

0.0 0.0 0.0

4.0 9.8 0.3

0.0 0.0 0.0

4.0 7.8 0.3

2.4 3.2 0.7

2,275 2,642 10 2,013 466 648 222

4,032 4,983 11 4,318 1,296 696 732

5,105 6,352 13 6,202 1,403 124 1,841

5,774 6,151 15 8,294 1,651 -2,181 2,174

8,768 .. .. .. .. .. 3,872

6,979 .. .. .. .. .. 3,806

9,024 .. .. .. .. .. 4,447

10,923 .. .. .. .. .. 5,641

184.1 213.8 1.7 22.1 10.3 4.6 1.3

125.6 155.2 2.3 11.9 8.2 11.7 2.0

105.3 130.9 1.4 12.1 7.7 27.5 3.6

94.1 100.2 1.8 7.0 8.6 37.6 3.1

.. 68.3 .. 6.8 7.4 64.6 ..

.. 74.9 .. 3.9 8.3 72.9 ..

.. 29.0 .. 9.6 6.6 169.9 ..

.. 23.1 .. 8.4 6.4 223.6 ..

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

6. Ratios

110

CONGO, REPUBLIC OF (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

3,735 3,735 2,920 499 65 159 2,421 815 0 686 0 0

5,471 5,471 3,293 512 0 280 2,780 2,179 0 2,017 0 0

5,824 5,824 3,608 517 0 295 3,091 2,216 0 2,037 0 0

5,331 5,331 3,863 500 0 303 3,363 1,467 0 1,281 0 0

5,531 5,531 4,117 443 0 299 3,674 1,414 0 1,242 0 0

4,852 4,852 3,831 433 0 298 3,398 1,021 0 877 0 0

2,218 2,218 1,220 172 0 84 1,048 997 0 866 0 0

2,157 2,157 1,140 161 0 86 979 1,017 0 892 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

1 1 1 0 0 0 1 0 0 0 0 0

183 183 183 48 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

504 504 502 5 0 2 496 2 0 0 0 0

208 208 170 5 0 2 165 38 0 38 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

107 107 79 16 0 2 64 27 0 24 0 0

92 92 80 16 0 2 64 12 0 11 0 0

86 86 74 18 0 1 56 12 0 11 0 0

77 77 65 15 0 0 50 12 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

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

62 62 57 7 0 2 50 5 0 5 0 0

73 73 55 6 0 2 49 18 0 18 0 0

27 27 8 5 0 1 4 18 0 18 0 0

24 24 5 4 0 1 2 18 0 18 0 0

-141 -52

-437 128

427 161

-898 -3

203 -54

-767 -151

-2,606 469

-95 114

0 0 0

123 141 0

124 152 0

616 1,282 0

312 153 0

53 770 0

0 3,148 0

60 2 0

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

2012

2013

2014

2015

2016

2017

2018

2019

258 5

73 5

100 6

93 6

91 6

94 6

95 5

94 5

165 23

149 20

144 16

60 13

55 11

50 12

47 10

44 9

Notes: Long-term public and publicly guaranteed debt data for 2011 are World Bank staff estimates based on reports provided by the country. Short-term debt is based on data from the BIS. Data include the effects of Paris Club debt restructuring agreement and HIPC and MDRI debt relief. 111

COSTA RICA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

4,736 3,742 3,506 236 31 962 27

6,524 4,393 3,162 1,231 34 2,097 2

7,032 4,641 3,316 1,325 36 2,355 2

8,450 5,178 3,657 1,521 37 3,234 0

9,251 5,226 3,232 1,994 37 3,989 0

8,164 5,675 3,216 2,459 245 2,243 0

8,522 5,850 3,797 2,053 241 2,431 0

10,291 7,629 3,925 3,704 240 2,422 0

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

69 3,505 237 824

0 3,162 1,231 358

0 3,316 1,325 416

0 3,657 1,521 264

0 3,232 1,994 446

0 3,216 2,459 1,848

0 3,797 2,053 175

0 3,925 3,704 646

External debt flows Disbursements Long-term external debt IMF purchases

758 758 0

986 986 0

458 458 0

610 610 0

1,178 1,178 0

1,329 1,329 0

1,378 1,378 0

1,800 1,800 0

Principal repayments Long-term external debt IMF repurchases

391 391 0

570 570 0

498 498 0

562 562 0

1,124 1,124 0

858 858 0

575 575 0

1,111 1,111 0

Net flows Long-term external debt Short-term external debt

545 367 179

841 416 425

218 -40 258

928 48 880

809 54 755

-1,274 471 -1,745

991 804 188

680 689 -9

Interest payments Long-term external debt IMF charges Short-term external debt

264 206 1 56

275 180 1 94

295 176 1 118

349 208 1 140

463 352 0 110

429 366 1 62

397 329 1 67

482 415 0 67

409 ..

861 ..

1,469 ..

1,896 ..

2,078 ..

1,347 ..

1,466 ..

2,176 ..

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

.. 4.0 0.0 0.0 68.8

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 82.8

1.7 3.7 0.0 0.0 86.3

1.6 5.1 0.0 0.0 87.7

1.2 5.8 0.0 0.0 87.7

0.9 5.6 0.0 0.0 89.4

6.3 4.3 1.8

5.7 17.5 4.0

4.8 15.1 3.9

5.6 11.3 2.2

4.5 17.3 4.0

3.1 19.6 4.1

4.8 7.1 0.3

2.6 19.1 4.0

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

5.4 7.4 5.6

4.7 3.9 0.8

5.9 8.3 7.6

14,697 7,992 136 8,793 1,141 -707 1,318

19,184 7,535 420 8,787 743 -981 2,313

21,803 8,605 513 9,977 853 -1,023 3,115

25,574 10,184 618 12,300 1,131 -1,646 4,114

29,078 10,863 605 14,092 749 -2,787 3,799

28,503 9,890 513 10,825 986 -576 4,066

35,233 10,797 531 12,445 606 -1,281 4,627

40,056 11,791 520 14,310 503 -2,195 4,756

59.3 32.2 8.2 20.3 28.7 27.8 1.8

86.6 34.0 11.2 32.1 18.0 35.5 3.2

81.7 32.3 9.2 33.5 17.9 44.3 3.7

83.0 33.0 8.9 38.3 14.2 48.7 4.0

85.2 31.8 14.6 43.1 11.9 41.1 3.2

82.5 28.6 13.0 27.5 14.6 49.8 4.5

78.9 24.2 9.0 28.5 20.8 54.3 4.5

87.3 25.7 13.5 23.5 17.4 46.2 4.0

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

6. Ratios

112

COSTA RICA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

3,742 3,506 1,915 1,359 121 2 556 1,591 1,542 23 236 0

4,393 3,162 1,371 1,177 59 1 194 1,791 1,669 102 1,231 0

4,641 3,316 1,452 1,261 53 1 192 1,864 1,685 161 1,325 0

5,178 3,657 1,483 1,201 45 1 281 2,174 1,900 257 1,521 0

5,226 3,232 1,420 1,097 41 0 322 1,812 1,660 137 1,994 0

5,675 3,216 1,586 1,188 57 0 398 1,630 1,435 182 2,459 0

5,850 3,797 2,201 1,771 570 0 430 1,596 1,435 148 2,053 0

7,629 3,925 2,196 1,794 587 0 402 1,729 1,435 246 3,704 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

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

1,178 394 383 319 4 0 63 11 0 11 785 0

1,329 559 419 296 24 0 122 141 75 66 770 0

1,378 848 845 784 521 0 61 2 0 0 531 0

1,800 695 269 256 24 0 14 426 250 137 1,105 0

391 374 337 158 33 0 180 37 30 4 17 0

570 365 306 276 17 0 31 59 41 17 204 0

498 276 230 213 11 0 18 45 34 11 222 0

562 266 224 195 9 0 30 42 35 7 296 0

1,124 848 475 432 8 0 43 373 240 130 276 0

858 574 251 204 7 0 47 323 300 21 284 0

575 293 257 206 9 0 51 36 0 34 282 0

1,111 575 283 233 7 0 50 292 250 39 536 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

206 190 105 84 12 0 20 86 80 2 16 0

180 106 63 58 3 0 5 43 39 3 74 0

176 96 53 50 3 0 3 42 37 5 80 0

208 116 43 40 3 0 3 73 68 4 92 0

352 249 81 71 3 0 10 168 152 14 104 0

366 219 77 67 2 0 10 142 131 9 147 0

329 213 86 76 3 0 11 127 116 9 116 0

415 200 85 74 10 0 11 115 105 8 215 0

485 545

770 841

509 218

1,417 928

801 809

-1,086 -1,274

357 991

1,770 680

0 0 0

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

2012

2013

2014

2015

2016

2017

2018

2019

268 69

288 60

261 52

236 44

193 38

185 33

177 29

158 25

1,282 286

1,009 213

997 162

424 119

484 95

247 75

192 63

146 54

Notes: Long-term private nonguaranteed debt data are World Bank staff estimates based on reports provided by the country.

113

COTE D'IVOIRE (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

12,187 10,546 9,063 1,482 599 1,043 79

11,966 10,866 9,965 900 252 848 848

12,821 11,605 10,823 782 207 1,010 1,010

13,925 12,237 11,646 591 233 1,455 1,455

12,632 11,041 10,628 414 247 1,344 1,344

13,922 12,984 12,713 271 839 98 98

10,794 9,619 9,339 280 861 314 7

12,012 10,108 9,800 308 1,090 814 5

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 10,628 414 73

181 12,713 271 144

6 9,339 280 302

5 9,800 308 675

External debt flows Disbursements Long-term external debt IMF purchases

148 148 0

55 55 0

116 116 0

140 77 62

119 54 64

408 107 301

263 209 55

976 719 257

Principal repayments Long-term external debt IMF repurchases

481 442 39

255 164 91

217 160 57

345 298 47

826 782 44

841 698 143

530 520 10

457 438 18

Net flows Long-term external debt Short-term external debt

-617 -294 -283

-308 -109 -108

-101 -44 0

-206 -221 0

-708 -728 0

-433 -590 0

40 -311 307

1,021 281 502

Interest payments Long-term external debt IMF charges Short-term external debt

541 462 5 74

52 46 3 3

52 49 3 0

86 82 3 0

221 216 5 0

268 264 3 0

77 74 2 2

88 81 1 7

235 1

349 14

351 2

443 2

466 2

396 2

358 2

344 0

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 0.6 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

63.7 1.7 0.4 0.0 29.8

59.9 3.3 0.1 0.0 30.8

55.3 3.3 0.1 0.0 35.5

0.8 46.2 9.6

1.7 20.0 5.7

0.2 8.5 1.7

4.8 15.3 4.4

1.7 20.5 5.7

3.7 21.3 6.6

1.1 15.3 3.3

8.0 15.3 4.8

0.0 0.0 0.0

0.5 11.7 3.7

0.0 0.0 0.0

9,715 4,512 119 4,423 284 -241 674

15,643 8,717 163 8,215 370 40 1,367

16,589 9,512 167 8,501 478 479 1,798

18,913 9,813 185 9,608 531 -139 2,519

22,434 11,643 199 10,859 581 452 2,253

22,031 12,562 315 10,845 572 1,618 3,267

21,925 12,811 373 11,907 562 465 3,624

23,037 .. 202 .. 0 .. 4,316

270.1 125.4 22.7 8.6 24.3 5.5 1.8

137.3 76.5 3.5 7.1 25.8 11.4 2.0

134.8 77.3 2.8 7.9 26.0 14.0 2.5

141.9 73.6 4.4 10.4 24.9 18.1 3.1

108.5 56.3 9.0 10.6 22.9 17.8 2.5

110.8 63.2 8.8 0.7 17.4 23.5 3.6

84.3 49.2 4.7 2.9 21.7 33.6 3.7

.. 52.1 .. 6.8 19.4 35.9 ..

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

6. Ratios

114

COTE D'IVOIRE (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

11,041 10,628 8,129 2,896 117 1,797 5,233 2,499 2,346 152 414 0

12,984 12,713 10,647 2,418 42 1,781 8,229 2,066 1,931 135 271 0

9,619 9,339 9,227 2,342 14 1,749 6,885 112 0 86 280 0

10,108 9,800 9,670 2,335 0 1,713 7,334 131 0 80 308 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

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 11 0 0 0 19 0

107 85 85 62 0 13 23 0 0 0 22 0

209 185 159 111 0 40 48 26 0 0 24 0

719 684 650 118 0 17 532 34 0 0 35 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

782 586 586 585 377 117 1 0 0 0 196 0

698 533 533 504 73 41 29 0 0 0 165 0

520 440 440 124 25 41 316 0 0 0 80 0

438 350 341 113 15 49 228 9 0 0 88 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

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

74 59 59 26 1 13 33 0 0 0 15 0

81 69 69 27 0 15 42 0 0 0 11 0

-1,035 -617

-1,292 -308

855 -101

1,104 -206

-1,293 -708

1,290 -433

-3,127 40

1,218 1,021

72 29 0

0 0 0

4,707 1,180 0

229 671 0

658 149 0

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

2012

2013

2014

2015

2016

2017

2018

2019

859 332

667 330

708 315

748 289

757 260

747 230

767 200

401 173

113 13

74 10

61 8

50 6

44 5

38 3

38 2

8 2

Notes: Long-term public and publicly guaranteed debt data for 2010 are revised based on reports provided by the country. Long-term private nonguaranteed debt data are World Bank staff estimates based on reports provided by the country. Data include the effects of Paris Club agreement signed in 2011 and HIPC and MDRI debt relief. 115

DJIBOUTI (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

298.6 238.3 238.3 0.0 14.9 45.4 6.4

485.1 376.9 376.9 0.0 20.4 87.9 8.9

566.0 439.2 439.2 0.0 19.8 107.0 10.0

821.2 651.4 651.4 0.0 17.9 151.8 5.8

843.3 678.4 678.4 0.0 19.2 145.7 0.7

894.2 735.4 735.4 0.0 39.5 119.3 2.3

760.8 610.8 610.8 0.0 35.5 114.5 0.5

767.0 641.7 641.7 0.0 39.7 85.6 0.6

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

22.4 238.3 0.0 48.6

21.3 376.9 0.0 87.6

26.3 439.2 0.0 41.1

40.2 651.4 0.0 22.7

2.2 678.4 0.0 38.4

6.9 735.4 0.0 24.3

2.2 610.8 0.0 57.0

1.8 641.7 0.0 46.6

External debt flows Disbursements Long-term external debt IMF purchases

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

35.2 35.2 0.0

62.7 55.7 7.0

Principal repayments Long-term external debt IMF repurchases

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

26.5 22.3 4.2

25.6 22.2 3.3

27.4 24.8 2.6

Net flows Long-term external debt Short-term external debt

39.7 -0.7 39.0

56.7 15.5 42.0

63.2 46.8 18.0

71.0 24.7 49.0

29.2 28.4 -1.0

15.1 45.0 -28.0

6.6 13.0 -3.0

6.2 30.8 -29.0

Interest payments Long-term external debt IMF charges Short-term external debt

4.5 2.2 0.5 1.8

5.9 3.7 0.2 2.1

7.8 4.9 0.2 2.7

10.6 6.5 0.2 3.9

11.7 7.7 0.1 3.8

9.6 8.1 0.1 1.3

9.9 8.2 0.1 1.6

10.3 9.2 0.0 1.1

3.3 0.0

22.2 0.0

108.3 0.0

195.4 0.0

227.7 0.0

96.9 0.0

36.5 0.0

78.0 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 0.0 0.0 16.2

13.2 0.0 0.0 0.0 33.9

16.9 0.0 0.0 0.0 32.4

34.0 0.0 0.0 0.0 25.6

31.7 0.0 0.0 0.0 25.3

30.6 0.0 0.0 0.0 24.5

14.2 0.0 0.0 0.0 29.6

14.3 0.0 0.0 0.0 28.5

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

2.1 23.1 5.7

2.0 21.1 5.4

0.0 0.0 0.0

6.9 11.5 2.0

0.0 0.0 0.0

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

935.9 329.4 28.6 579.9 4.2 -171.4 132.1

1072.5 398.3 30.3 703.5 5.0 -225.4 175.5

1120.1 422.7 32.5 580.0 6.5 -71.1 241.8

.. 439.0 32.6 483.7 6.8 50.5 249.0

.. .. 35.3 .. 0.0 .. 244.1

136.7 52.7 6.9 15.2 46.3 22.7 2.8

151.7 62.5 5.6 18.1 55.0 18.4 2.9

165.7 66.3 7.7 18.9 53.7 21.3 3.3

249.3 87.7 8.4 18.5 42.0 16.1 2.7

211.7 78.6 8.4 17.3 42.8 20.8 3.0

211.5 79.8 8.5 13.3 44.5 27.0 5.0

173.3 .. 8.1 15.1 53.1 32.7 6.2

.. .. .. 11.2 55.9 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

6. Ratios

116

DJIBOUTI (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

238.3 238.3 238.3 138.3 0.0 49.9 100.0 0.0 0.0 0.0 0.0 0.0

376.9 376.9 371.3 266.7 0.0 120.3 104.6 5.6 0.0 5.6 0.0 0.0

439.2 439.2 416.0 303.7 0.0 133.3 112.3 23.2 0.0 5.6 0.0 0.0

651.4 651.4 620.6 345.1 0.0 147.2 275.6 30.8 0.0 12.3 0.0 0.0

678.4 678.4 651.0 360.8 0.0 151.6 290.2 27.4 0.0 13.5 0.0 0.0

735.4 735.4 711.2 397.6 0.0 158.4 313.6 24.2 0.0 15.2 0.0 0.0

610.8 610.8 590.3 404.1 0.0 154.7 186.3 20.4 0.0 14.2 0.0 0.0

641.7 641.7 624.5 428.7 0.0 152.6 195.8 17.2 0.0 12.3 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

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

35.2 35.2 35.2 18.7 0.0 1.4 16.5 0.0 0.0 0.0 0.0 0.0

55.7 55.7 55.7 37.9 0.0 1.4 17.8 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

22.3 22.3 17.3 9.6 0.0 1.8 7.7 5.1 0.0 0.0 0.0 0.0

22.2 22.2 19.8 10.9 0.0 2.3 9.0 2.4 0.0 0.2 0.0 0.0

24.8 24.8 21.9 13.3 0.0 3.0 8.5 3.0 0.0 1.9 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

2.2 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

8.1 8.1 7.6 5.0 0.0 1.1 2.6 0.6 0.0 0.0 0.0 0.0

8.2 8.2 7.5 5.1 0.0 1.1 2.4 0.6 0.0 0.1 0.0 0.0

9.2 9.2 8.5 6.1 0.0 1.2 2.5 0.7 0.0 0.3 0.0 0.0

29.3 39.7

28.5 56.7

80.9 63.2

255.2 71.0

22.2 29.2

50.8 15.1

-133.4 6.6

6.2 6.2

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

2.0 0.0 0.0

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

2012

2013

2014

2015

2016

2017

2018

2019

49.8 10.2

30.8 10.0

28.7 10.1

28.9 9.9

34.2 9.6

34.9 9.2

37.2 8.6

35.4 8.0

9.2 0.4

1.1 0.3

1.1 0.2

1.1 0.1

0.1 0.0

0.3 0.0

0.4 0.0

Notes: Short-term debt is based on data from the BIS. Data include the effects of Paris Club debt restructuring agreement signed in 2008.

117

DOMINICA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

183.3 163.6 163.6 0.0 0.8 19.0 0.0

277.3 224.4 224.4 0.0 12.4 40.6 8.6

255.9 219.0 219.0 0.0 14.9 22.0 11.0

291.8 215.7 215.7 0.0 13.1 63.0 14.0

303.9 204.9 204.9 0.0 15.9 83.0 17.0

272.2 202.3 202.3 0.0 31.9 37.9 17.9

282.7 219.9 219.9 0.0 30.2 32.5 1.5

283.9 229.1 229.1 0.0 27.3 27.5 1.5

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

0.4 163.6 0.0 57.3

3.5 224.4 0.0 25.8

2.3 219.0 0.0 0.0

3.4 215.7 0.0 6.0

3.0 204.9 0.0 5.6

2.8 202.3 0.0 14.2

3.2 219.9 0.0 59.7

2.9 229.1 0.0 3.9

External debt flows Disbursements Long-term external debt IMF purchases

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

13.6 8.6 5.1

29.7 29.7 0.0

18.2 18.2 0.0

Principal repayments Long-term external debt IMF repurchases

6.8 6.8 0.0

10.0 9.6 0.4

12.2 10.6 1.6

13.0 10.5 2.5

12.9 12.9 0.0

15.5 14.8 0.8

10.9 9.8 1.1

12.3 9.4 2.9

Net flows Long-term external debt Short-term external debt

49.5 49.3 0.2

-37.0 -5.2 -35.0

-26.7 -7.5 -21.0

29.9 -5.6 38.0

15.2 -5.0 17.0

-47.9 -6.2 -46.0

29.8 19.8 11.0

0.9 8.8 -5.0

Interest payments Long-term external debt IMF charges Short-term external debt

4.2 3.1 0.0 1.1

6.4 4.7 0.2 1.5

6.9 5.6 0.3 1.1

6.7 4.9 0.2 1.6

6.2 4.3 0.2 1.7

5.3 4.5 0.1 0.6

4.7 4.3 0.1 0.3

4.6 4.2 0.1 0.4

17.6 ..

19.2 ..

25.9 ..

40.5 ..

56.5 ..

41.3 ..

24.3 ..

34.3 ..

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

.. 0.3 2.5 0.0 72.3

5.3 0.0 0.0 0.0 84.9

3.9 0.0 0.0 0.0 86.6

3.4 0.0 0.0 0.0 86.1

2.7 0.0 0.0 0.0 86.2

3.4 0.0 0.0 0.0 83.8

3.0 0.0 0.0 0.0 79.6

3.1 0.0 0.0 0.0 78.0

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 26.2 8.4

2.4 19.3 5.5

3.5 21.7 3.4

1.9 9.2 2.3

0.0 0.0 0.0

3.5 15.6 2.6

0.0 0.0 0.0

289.4 149.2 16.3 227.1 33.0 -59.8 29.4

339.2 135.3 21.8 231.0 22.7 -76.1 49.2

379.3 150.6 22.1 220.0 7.4 -49.9 63.0

404.5 156.4 22.5 264.5 13.0 -86.9 60.5

443.8 170.7 22.7 314.1 12.5 -124.3 55.2

467.6 163.2 22.1 284.9 13.4 -102.4 75.5

462.5 175.9 22.8 277.6 7.7 -82.1 76.1

473.8 172.8 23.2 277.4 7.8 -84.7 81.1

122.9 63.3 7.4 10.4 45.5 16.0 1.6

205.0 81.8 12.1 14.6 45.4 17.7 2.6

169.9 67.5 12.7 8.6 47.4 24.6 3.4

186.6 72.1 12.6 21.6 41.5 20.7 2.7

178.0 68.5 11.2 27.3 38.5 18.1 2.1

166.8 58.2 12.7 13.9 43.4 27.7 3.2

160.7 61.1 8.9 11.5 41.4 26.9 3.3

164.4 59.9 9.8 9.7 43.0 28.6 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

6. Ratios

118

DOMINICA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

163.6 163.6 114.3 83.4 2.4 13.6 30.9 49.2 49.2 0.0 0.0 0.0

224.4 224.4 174.0 126.0 3.9 21.7 48.0 50.4 47.9 0.0 0.0 0.0

219.0 219.0 168.7 121.4 3.3 22.5 47.3 50.4 47.9 0.0 0.0 0.0

215.7 215.7 165.4 121.0 2.5 25.4 44.4 50.4 47.9 0.0 0.0 0.0

204.9 204.9 157.8 117.1 1.8 26.5 40.7 47.1 42.9 1.7 0.0 0.0

202.3 202.3 156.3 118.2 1.2 27.5 38.1 46.0 41.0 2.2 0.0 0.0

219.9 219.9 174.0 117.0 0.8 27.0 57.0 46.0 41.0 2.2 0.0 0.0

229.1 229.1 183.4 122.2 0.4 27.2 61.2 45.8 41.0 2.1 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

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

8.6 8.6 8.6 6.2 0.0 1.4 2.3 0.0 0.0 0.0 0.0 0.0

29.7 29.7 29.7 7.6 0.0 0.5 22.1 0.0 0.0 0.0 0.0 0.0

18.2 18.2 18.2 11.4 0.0 0.8 6.8 0.0 0.0 0.0 0.0 0.0

6.8 6.8 6.8 3.9 0.0 0.1 2.9 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

10.6 10.6 10.6 8.0 0.6 0.3 2.6 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

14.8 14.8 12.9 7.7 0.6 0.5 5.2 1.9 1.9 0.0 0.0 0.0

9.8 9.8 9.8 6.4 0.4 0.5 3.4 0.1 0.0 0.0 0.0 0.0

9.4 9.4 9.2 6.2 0.4 0.6 3.0 0.2 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

3.1 3.1 2.9 1.9 0.1 0.1 1.0 0.2 0.2 0.0 0.0 0.0

4.7 4.7 4.3 3.2 0.2 0.2 1.1 0.4 0.4 0.0 0.0 0.0

5.6 5.6 5.0 3.2 0.2 0.2 1.8 0.6 0.6 0.0 0.0 0.0

4.9 4.9 4.5 3.1 0.2 0.2 1.4 0.5 0.5 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

4.5 4.5 4.0 2.8 0.1 0.2 1.2 0.6 0.2 0.3 0.0 0.0

4.3 4.3 3.9 2.6 0.0 0.2 1.3 0.4 0.3 0.1 0.0 0.0

4.2 4.2 3.9 2.5 0.0 0.2 1.4 0.3 0.2 0.1 0.0 0.0

49.2 49.5

-30.8 -37.0

-21.4 -26.7

35.9 29.9

12.0 15.2

-31.7 -47.9

10.5 29.8

1.3 0.9

0.0 0.0 0.0

14.6 0.1 0.0

11.5 0.0 0.0

0.0 0.0 0.0

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

2012

2013

2014

2015

2016

2017

2018

2019

9.9 4.6

11.1 4.6

16.7 4.6

11.2 4.3

14.0 4.1

14.1 3.9

12.8 3.6

12.7 3.3

3.9 3.2

0.2 3.1

30.8 3.1

0.1 0.3

0.5 0.3

119

DOMINICAN REPUBLIC (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

4,624 3,353 3,353 0 93 1,178 28

7,219 5,887 5,885 2 446 887 20

8,694 6,791 6,378 414 507 1,395 8

10,325 7,247 6,402 845 598 2,480 9

10,282 7,802 6,958 843 541 1,940 3

11,275 8,784 7,941 843 1,094 1,397 0

13,357 10,173 9,330 843 1,461 1,723 0

15,395 11,671 10,758 913 1,623 2,101 0

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

56 3,340 13 469

144 5,877 9 1,714

32 6,371 420 1,336

13 6,397 851 343

15 6,954 848 1,031

0 7,937 847 2,935

0 9,327 846 1,865

0 10,755 916 2,287

External debt flows Disbursements Long-term external debt IMF purchases

312 312 0

863 643 220

1,753 1,611 142

1,420 1,243 177

1,420 1,298 122

1,789 1,481 308

2,640 2,110 530

2,511 2,166 346

Principal repayments Long-term external debt IMF repurchases

259 259 0

455 455 0

1,034 929 105

948 834 114

880 715 164

835 787 47

834 687 147

865 690 175

Net flows Long-term external debt Short-term external debt

318 52 265

385 188 -23

1,239 682 520

1,555 408 1,084

6 583 -534

415 693 -540

2,132 1,423 326

2,024 1,476 378

Interest payments Long-term external debt IMF charges Short-term external debt

266 211 4 50

270 212 11 48

368 256 24 88

498 329 28 141

517 446 25 47

457 431 8 17

476 443 11 22

636 584 20 33

953 ..

1,118 ..

1,529 ..

2,253 ..

2,728 ..

1,695 ..

2,094 ..

2,295 ..

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 0.0 73.0

2.8 2.7 0.0 0.0 86.9

3.4 2.0 0.0 0.0 88.1

6.2 1.8 0.0 0.0 86.0

7.6 1.9 0.0 0.0 85.5

8.5 1.8 0.0 0.0 85.7

6.3 1.6 0.0 0.0 89.1

4.7 1.2 0.0 0.0 91.6

6.5 14.4 1.8

1.3 24.3 2.9

4.1 21.5 4.5

3.7 21.2 4.1

2.6 22.5 3.4

2.7 17.1 4.9

1.4 20.5 5.7

0.4 19.2 4.6

6.5 10.3 2.7

3.2 4.1 1.2

6.6 13.5 8.7

6.5 9.2 2.2

5.9 8.4 2.4

4.8 10.7 2.9

6.6 10.8 8.7

5.0 11.5 7.2

22,955 9,264 1,839 12,193 1,068 -1,027 627

32,102 10,498 2,719 13,668 1,765 -473 1,933

34,100 11,877 3,054 16,309 1,932 -1,287 2,264

39,234 12,797 3,397 18,364 2,194 -2,166 3,030

43,991 12,411 3,606 20,443 1,669 -4,519 2,682

45,019 10,780 3,415 16,326 1,518 -2,331 3,563

49,788 12,404 3,430 19,857 1,528 -4,330 3,857

53,484 14,383 3,650 22,288 1,839 -4,499 4,089

49.9 20.1 5.7 25.5 25.1 13.6 0.6

68.8 22.5 6.9 12.3 25.1 26.8 1.7

73.2 25.5 11.8 16.1 21.9 26.0 1.7

80.7 26.3 11.3 24.0 18.3 29.3 2.0

82.8 23.4 11.3 18.9 18.4 26.1 1.6

104.6 25.0 12.0 12.4 23.2 31.6 2.6

107.7 26.8 10.6 12.9 23.1 28.9 2.3

107.0 28.8 10.4 13.6 21.8 26.6 2.2

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

6. Ratios

120

DOMINICAN REPUBLIC (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

3,353 3,353 2,597 1,162 292 14 1,435 756 506 131 0 0

5,887 5,885 3,248 1,814 405 11 1,434 2,637 1,147 994 2 0

6,791 6,378 3,623 1,907 438 10 1,715 2,755 1,452 1,138 414 412

7,247 6,402 3,743 1,894 472 9 1,849 2,660 1,326 1,207 845 844

7,802 6,958 4,453 1,890 449 9 2,563 2,505 1,201 1,212 843 843

8,784 7,941 5,501 2,614 748 8 2,887 2,440 1,076 1,286 843 843

10,173 9,330 6,373 3,079 864 7 3,294 2,957 1,721 1,163 843 843

11,671 10,758 7,117 3,350 851 7 3,767 3,641 2,412 1,168 913 843

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

312 312 148 100 39 0 47 164 0 98 0 0

643 642 371 199 64 0 172 271 0 227 2 0

1,611 1,199 642 187 67 0 455 557 324 216 412 412

1,243 812 459 185 73 0 274 353 0 345 431 431

1,298 1,298 1,023 213 20 0 810 275 0 272 0 0

1,481 1,481 1,392 904 352 0 488 89 0 85 0 0

2,110 2,110 1,176 622 175 0 554 935 750 170 0 0

2,166 2,121 1,117 432 53 0 685 1,004 750 247 45 0

259 259 219 65 21 1 154 40 4 19 0 0

455 455 179 111 38 1 69 276 20 164 0 0

929 929 379 113 34 1 265 551 20 180 0 0

834 834 368 216 39 1 152 466 125 297 0 0

715 715 310 216 43 1 94 405 125 244 1 0

787 787 353 192 54 1 161 434 125 290 0 0

687 687 310 152 59 1 158 377 105 254 0 0

690 682 375 158 66 1 216 308 58 230 8 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

211 211 159 59 22 0 100 53 38 7 0 0

212 212 109 83 21 0 26 103 16 37 0 0

256 254 142 90 23 0 52 112 45 56 2 2

329 273 148 98 25 0 50 125 56 62 57 57

446 338 136 87 24 0 48 202 125 70 108 108

431 323 150 83 22 0 67 173 113 56 108 108

443 335 155 91 30 0 64 179 134 42 108 108

584 473 176 103 33 0 72 297 249 45 111 108

-140 318

-83 385

1,474 1,239

1,631 1,555

-43 6

993 415

2,082 2,132

2,038 2,024

0 1 0

1,209 0 316

203 0 0

0 0 0

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

2012

2013

2014

2015

2016

2017

2018

2019

556 149

731 143

956 123

588 101

578 91

539 82

514 72

507 63

923 324

775 275

422 255

328 245

254 234

184 228

734 196

114 166

Notes: Short-term debt is based on data from the BIS. 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. 121

ECUADOR (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

13,338 12,350 10,915 1,435 191 797 3

17,408 15,564 10,896 4,668 125 1,719 1

17,399 15,328 10,349 4,980 72 1,998 0

17,868 15,946 10,763 5,183 52 1,870 0

15,818 14,084 10,095 3,990 51 1,683 31

13,263 11,426 6,960 4,466 452 1,386 37

14,963 13,715 8,633 5,082 444 804 37

16,497 15,309 9,929 5,380 443 745 46

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

6 10,915 1,435 404

5 10,896 4,668 1,328

0 10,349 4,980 1,303

0 10,759 5,188 1,248

1 10,078 4,007 17

1 6,934 4,492 166

1 8,605 5,110 4,890

16 9,900 5,409 3,608

External debt flows Disbursements Long-term external debt IMF purchases

1,132 983 150

3,154 3,154 0

2,638 2,638 0

3,048 3,048 0

1,369 1,369 0

1,180 1,180 0

2,977 2,977 0

3,370 3,370 0

Principal repayments Long-term external debt IMF repurchases

1,067 1,067 0

3,243 3,048 195

2,936 2,878 58

2,363 2,340 23

1,485 1,485 0

4,187 4,187 0

1,260 1,260 0

1,836 1,836 0

Net flows Long-term external debt Short-term external debt

-189 -84 -254

-235 105 -145

-19 -240 280

557 708 -128

-334 -116 -218

-3,310 -3,007 -303

1,135 1,717 -582

1,466 1,534 -68

Interest payments Long-term external debt IMF charges Short-term external debt

816 708 5 102

959 843 8 107

1,330 1,176 5 149

1,364 1,228 2 134

867 847 0 19

601 521 1 79

526 464 1 60

571 534 0 36

-23 0

493 2

271 0

194 0

1,006 1

321 2

158 0

568 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

.. 4.5 0.8 0.0 83.0

3.4 3.5 0.7 0.0 87.1

3.5 3.4 0.8 0.0 87.3

3.3 3.1 0.7 0.0 88.4

3.0 2.6 0.5 0.0 89.6

4.0 3.3 0.8 0.0 86.2

2.8 2.6 0.6 0.0 89.9

2.1 2.0 0.4 0.0 92.2

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

5.4 12.8 2.8

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

14,530 6,163 1,322 6,403 329 1,113 947

35,127 11,693 2,460 13,880 1,004 474 1,714

39,877 14,499 2,934 15,863 977 1,740 1,489

43,559 16,431 3,341 17,924 1,160 1,938 2,816

52,747 21,218 3,089 22,692 785 1,648 3,738

50,638 15,854 2,742 18,366 821 136 2,873

56,924 19,686 2,599 23,774 539 -1,613 1,435

65,613 24,755 2,681 27,755 698 -259 1,664

216.4 91.8 30.6 6.0 27.8 7.1 1.8

148.9 49.6 35.9 9.9 21.0 9.8 1.5

120.0 43.6 29.4 11.5 23.2 8.6 1.1

108.7 41.0 22.7 10.5 26.3 15.8 1.9

74.6 30.0 11.1 10.6 27.4 23.6 2.0

83.7 26.2 30.2 10.4 33.1 21.7 1.9

76.0 26.3 9.1 5.4 34.8 9.6 0.7

66.6 25.1 9.7 4.5 31.5 10.1 0.7

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

6. Ratios

122

ECUADOR (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

12,350 10,915 5,922 3,710 840 21 2,212 4,993 3,950 910 1,435 0

15,564 10,896 5,993 3,654 799 15 2,339 4,902 4,600 241 4,668 0

15,328 10,349 6,180 4,033 746 14 2,147 4,168 3,860 212 4,980 0

15,946 10,763 6,635 4,702 684 13 1,934 4,128 3,860 194 5,183 0

14,084 10,095 6,006 4,335 612 12 1,672 4,088 3,860 163 3,990 0

11,426 6,960 5,895 4,386 532 11 1,509 1,065 873 134 4,466 0

13,715 8,633 7,610 5,207 446 10 2,403 1,023 868 105 5,082 0

15,309 9,929 8,939 5,197 367 8 3,741 990 868 80 5,380 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

983 602 531 454 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

1,369 353 343 339 5 0 5 10 0 10 1,016 0

1,180 384 382 377 0 0 5 2 0 2 796 0

2,977 2,307 2,305 1,229 3 0 1,075 2 0 2 670 0

3,370 2,342 2,342 629 4 0 1,713 1 0 1 1,028 0

1,067 550 399 326 89 1 73 151 0 119 517 0

3,048 923 803 410 74 1 393 120 0 101 2,125 0

2,878 1,586 773 482 74 1 291 813 740 51 1,292 0

2,340 1,029 964 686 70 1 277 65 0 42 1,311 0

1,485 964 915 735 77 1 180 49 0 41 521 0

4,187 3,529 503 323 81 1 180 3,025 2,987 31 659 0

1,260 637 593 407 89 1 185 44 6 31 623 0

1,836 1,048 1,014 637 83 1 378 33 0 25 789 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

708 536 296 265 74 0 31 240 140 89 172 0

843 658 275 171 32 0 104 383 367 12 185 0

1,176 750 318 221 40 0 97 432 410 16 426 0

1,228 736 327 239 42 0 89 409 392 10 492 0

847 656 311 247 33 0 64 345 331 9 191 0

521 330 227 178 23 0 49 103 91 7 191 0

464 326 255 174 17 0 82 71 61 6 139 0

534 361 292 160 15 0 132 69 61 4 174 0

-2,737 -189

-139 -235

-9 -19

469 557

-2,051 -334

-2,554 -3,310

1,699 1,135

1,534 1,466

4,674 2,522 0

0 2 0

0 1 0

0 4 0

0 3 0

0 5 2,987

0 6 0

0 0 0

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

2012

2013

2014

2015

2016

2017

2018

2019

1,132 421

1,020 447

997 437

774 412

869 387

981 346

951 300

692 196

1,509 324

1,073 256

929 199

1,195 165

435 78

328 59

272 42

260 24

Notes: Short-term debt from 2005 are World Bank staff estimates based on Central Bank data.

123

EGYPT, ARAB REPUBLIC OF (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

29,172 24,891 24,318 573 177 4,104 0

29,932 28,082 27,989 93 194 1,656 2

30,631 28,707 28,626 81 204 1,720 1

34,149 31,699 31,678 21 215 2,236 1

33,509 30,458 30,378 80 209 2,842 0

34,970 31,000 30,926 74 1,408 2,561 0

36,427 31,895 31,841 54 1,384 3,149 0

35,001 30,596 30,580 16 1,379 3,025 0

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

14 24,316 574 981

8 27,703 379 3,053

2 28,186 521 2,756

2 31,073 626 1,468

2 29,843 614 2,939

2 30,486 514 2,320

0 31,481 414 5,909

0 30,290 307 1,670

External debt flows Disbursements Long-term external debt IMF purchases

569 569 0

3,088 3,088 0

839 839 0

3,178 3,178 0

1,129 1,129 0

2,103 2,103 0

3,556 3,556 0

1,448 1,448 0

Principal repayments Long-term external debt IMF repurchases

1,098 1,098 0

1,573 1,573 0

1,627 1,627 0

2,019 2,019 0

2,318 2,318 0

2,053 2,053 0

2,123 2,123 0

2,625 2,625 0

Net flows Long-term external debt Short-term external debt

-718 -528 -189

1,451 1,515 -64

-723 -788 65

1,675 1,159 516

-582 -1,189 607

-231 50 -281

2,022 1,434 588

-1,300 -1,176 -124

Interest payments Long-term external debt IMF charges Short-term external debt

740 619 8 113

658 569 6 83

805 701 8 96

895 776 7 112

916 802 2 113

884 778 3 102

864 734 4 126

877 755 2 121

1,235 269

5,376 729

10,043 502

11,578 -3,199

9,495 -674

6,712 393

6,386 1,724

-483 -711

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

.. 13.8 1.2 2.1 39.8

33.6 12.7 1.9 1.9 36.6

36.0 12.2 2.0 1.9 34.9

36.3 10.7 1.8 1.7 35.3

35.1 13.3 1.3 1.8 34.2

35.9 12.6 1.3 1.7 33.9

31.7 13.3 1.1 1.7 37.8

30.3 13.7 1.0 1.6 37.3

4.7 21.7 5.9

5.2 18.8 7.6

4.1 22.5 7.5

2.2 16.6 6.4

2.8 22.4 6.1

1.4 21.5 7.1

1.1 26.1 7.2

1.0 16.8 4.6

5.8 4.3 3.1

4.4 7.6 7.1

2.2 5.3 3.1

6.4 6.6 4.8

1.9 5.2 2.6

5.1 6.4 1.4

5.8 15.6 15.1

4.2 16.4 6.9

100,770 18,735 2,852 23,878 92 -971 13,118

89,432 32,141 5,017 35,787 647 2,103 20,609

108,015 39,241 5,330 42,375 915 2,635 24,462

131,655 47,707 7,656 55,618 1,015 412 30,188

164,178 57,826 8,694 68,999 680 -1,415 32,216

189,146 45,601 7,150 56,910 2,101 -3,349 32,253

214,530 49,365 12,453 66,308 5,268 -4,504 33,612

223,484 47,371 14,324 68,076 5,079 -5,484 14,916

155.7 28.9 9.8 14.1 13.4 45.0 6.6

93.1 33.5 6.9 5.5 17.3 68.9 6.9

78.1 28.4 6.2 5.6 18.6 79.9 6.9

71.6 25.9 6.1 6.5 22.4 88.4 6.5

57.9 20.4 5.6 8.5 22.8 96.1 5.6

76.7 18.5 6.4 7.3 24.6 92.2 6.8

73.8 17.0 6.1 8.6 25.3 92.3 6.1

73.9 15.7 7.4 8.6 27.3 42.6 2.6

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

6. Ratios

124

EGYPT, ARAB REPUBLIC OF (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

24,891 24,318 23,778 3,915 639 1,266 19,863 540 0 317 573 100

28,082 27,989 25,761 5,182 492 1,420 20,579 2,228 1,250 830 93 0

28,707 28,626 26,587 5,690 544 1,481 20,896 2,039 1,250 655 81 0

31,699 31,678 28,964 7,637 1,181 1,490 21,327 2,715 1,893 716 21 0

30,458 30,378 28,037 7,627 1,255 1,444 20,410 2,341 1,893 358 80 0

31,000 30,926 28,580 8,594 1,850 1,400 19,987 2,346 1,883 378 74 0

31,895 31,841 28,125 9,203 2,543 1,338 18,922 3,716 3,133 512 54 0

30,596 30,580 27,309 9,559 2,794 1,282 17,750 3,271 2,750 462 16 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

569 362 218 168 6 49 50 144 0 132 207 0

3,088 3,088 1,112 923 97 69 188 1,976 1,250 725 0 0

839 839 764 613 108 57 152 75 0 72 0 0

3,178 3,178 2,435 2,251 723 13 185 743 643 88 0 0

1,129 1,059 958 686 143 11 273 100 0 96 70 0

2,103 2,094 1,990 1,513 684 2 477 104 0 104 9 0

3,556 3,551 1,842 1,387 777 10 456 1,709 1,500 207 5 0

1,448 1,418 1,395 1,041 343 3 354 23 0 23 30 0

1,098 982 861 298 87 23 562 121 0 57 116 0

1,573 1,573 1,344 427 77 41 917 229 0 204 0 0

1,627 1,626 1,353 370 66 42 983 274 0 257 1 0

2,019 1,957 1,867 669 97 47 1,198 90 0 42 61 0

2,318 2,308 1,832 574 77 50 1,257 476 0 444 11 0

2,053 2,033 1,914 625 89 52 1,289 119 0 93 20 0

2,123 2,097 2,024 599 83 54 1,425 73 0 54 25 0

2,625 2,557 2,096 608 91 57 1,489 461 383 64 68 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

619 603 572 147 41 9 425 31 0 16 16 12

569 565 547 138 21 11 408 18 0 14 4 0

701 682 586 180 27 11 406 96 56 37 19 0

776 774 680 236 47 11 444 94 56 36 2 0

802 799 714 268 58 11 446 85 56 27 3 0

778 776 653 239 55 10 415 123 112 9 2 0

734 733 580 208 41 10 373 152 140 11 1 0

755 754 561 205 39 11 356 194 181 11 0 0

-1,881 -718

-812 1,451

699 -723

3,518 1,675

-640 -582

1,461 -231

1,457 2,022

-1,427 -1,300

22 25 0

1 0 0

0 0 0

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

2012

2013

2014

2015

2016

2017

2018

2019

4,062 603

3,824 555

3,301 496

3,432 437

2,954 383

1,744 339

1,813 303

1,767 265

137 161

175 215

70 156

1,308 154

67 100

57 98

52 96

48 95

125

EL SALVADOR (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

4,535 2,858 2,746 111 33 1,645 0

9,317 7,425 4,802 2,622 36 1,856 0

10,220 8,893 5,604 3,289 38 1,289 0

9,855 8,523 5,444 3,079 39 1,292 0

10,651 9,070 5,754 3,316 38 1,542 0

10,368 9,248 6,109 3,139 257 863 0

11,328 9,971 6,402 3,569 252 1,105 0

11,995 10,521 6,537 3,983 251 1,223 0

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

0 2,741 117 347

0 4,798 2,626 693

0 5,600 3,293 1,146

0 5,440 3,083 251

0 5,751 3,319 1,068

0 6,107 3,142 810

0 6,399 3,572 943

0 6,535 3,986 371

External debt flows Disbursements Long-term external debt IMF purchases

372 372 0

1,222 1,222 0

1,643 1,643 0

246 246 0

1,042 1,042 0

1,216 1,216 0

1,055 1,055 0

812 812 0

Principal repayments Long-term external debt IMF repurchases

163 163 0

406 406 0

672 672 0

551 551 0

490 490 0

687 687 0

604 604 0

732 732 0

Net flows Long-term external debt Short-term external debt

802 209 592

892 816 77

403 970 -567

-302 -305 3

803 552 250

-150 529 -679

693 451 242

198 81 117

Interest payments Long-term external debt IMF charges Short-term external debt

215 140 1 73

446 344 1 101

566 465 2 100

541 466 1 74

519 484 0 34

491 475 1 15

478 465 1 13

509 497 0 12

173 ..

511 ..

241 ..

1,551 ..

903 ..

369 ..

262 ..

247 ..

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

.. 6.6 0.0 0.0 67.4

3.5 4.8 0.0 0.0 81.2

3.3 4.3 0.0 0.0 83.9

3.8 4.7 0.0 0.0 83.1

3.4 5.9 0.0 0.0 83.4

3.2 5.2 0.0 0.0 85.1

2.8 5.2 0.0 0.0 86.4

2.6 4.9 0.0 0.0 87.5

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

2.2 26.2 4.3

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

12,881 3,803 1,765 6,031 60 -431 1,773

16,604 3,517 3,029 7,173 181 -622 1,723

18,113 4,005 3,483 8,243 91 -766 1,815

19,649 4,657 3,709 9,620 159 -1,217 2,110

21,042 4,989 3,755 10,268 39 -1,532 2,443

20,105 4,293 3,402 8,047 175 -312 2,869

20,877 4,895 3,447 9,152 215 -658 2,570

22,422 5,729 3,665 10,793 252 -1,223 2,153

119.3 35.2 9.9 36.3 42.7 39.1 3.5

264.9 56.1 24.2 19.9 26.3 18.5 2.9

255.2 56.4 30.9 12.6 24.7 17.8 2.6

211.6 50.2 23.5 13.1 25.5 21.4 2.6

213.5 50.6 20.2 14.5 26.1 22.9 2.9

241.5 51.6 27.4 8.3 30.7 27.7 4.3

231.4 54.3 22.1 9.8 31.2 22.7 3.4

209.4 53.5 21.7 10.2 30.7 17.9 2.4

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

6. Ratios

126

EL SALVADOR (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

2,858 2,746 2,541 1,936 309 16 605 205 82 102 111 0

7,425 4,802 3,083 2,447 436 12 636 1,719 1,636 58 2,622 0

8,893 5,604 3,155 2,522 417 11 633 2,448 2,344 78 3,289 0

8,523 5,444 3,169 2,516 401 10 653 2,275 2,242 5 3,079 0

9,070 5,754 3,487 2,781 400 9 705 2,267 2,174 68 3,316 0

9,248 6,109 3,845 3,180 569 9 666 2,264 2,174 66 3,139 0

9,971 6,402 4,182 3,534 915 8 648 2,220 2,199 0 3,569 0

10,521 6,537 4,301 3,681 1,014 7 620 2,237 2,217 0 3,983 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

372 321 201 160 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

246 246 246 222 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

812 476 476 469 161 0 7 0 0 0 336 0

163 130 126 93 17 1 33 4 0 4 33 0

406 245 230 186 40 1 44 16 0 14 160 0

672 458 331 289 44 1 43 127 121 5 214 0

551 341 282 243 51 1 39 60 30 28 210 0

490 351 347 307 53 1 41 4 0 2 139 0

687 559 555 510 59 1 45 4 0 2 127 0

604 455 388 343 63 1 44 68 0 66 149 0

732 587 367 320 62 1 46 220 219 0 145 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

140 133 124 105 24 0 19 9 8 1 7 0

344 257 119 102 14 0 17 139 133 6 87 0

465 334 127 111 22 0 16 207 206 1 131 0

466 349 138 123 24 0 14 211 209 2 117 0

484 369 136 121 19 0 15 232 232 0 116 0

475 374 139 124 16 0 15 235 232 3 102 0

465 350 117 102 13 0 15 233 232 1 115 0

497 385 119 104 24 0 15 267 266 0 111 0

772 802

744 892

903 403

-365 -302

796 803

-282 -150

960 693

666 198

0 17 0

0 0 0

0 3 0

0 0 0

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

2012

2013

2014

2015

2016

2017

2018

2019

565 130

280 116

281 107

284 97

293 88

296 78

283 69

264 60

1,071 348

757 303

679 263

403 239

323 219

244 205

201 193

158 183

Notes: Long-term private nonguaranteed debt data from 2005 are World Bank staff estimates based on reports provided by the country.

127

ERITREA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

330 298 298 0 20 12 2

757 723 723 0 22 13 2

823 781 781 0 23 19 4

896 856 856 0 24 17 4

998 957 957 0 23 17 4

1,051 1,013 1,013 0 24 14 6

1,042 1,002 1,002 0 23 16 6

1,055 1,014 1,014 0 23 18 7

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

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 1,002 0 13

26 1,014 0 0

External debt flows Disbursements Long-term external debt IMF purchases

51 51 0

71 71 0

38 38 0

42 42 0

105 105 0

58 58 0

9 9 0

24 24 0

Principal repayments Long-term external debt IMF repurchases

0 0 0

12 12 0

6 6 0

2 2 0

7 7 0

11 11 0

13 13 0

14 14 0

Net flows Long-term external debt Short-term external debt

60 50 10

39 59 -20

36 32 4

38 40 -2

98 98 0

41 46 -5

-3 -5 2

11 10 1

Interest payments Long-term external debt IMF charges Short-term external debt

4 2 1 1

10 8 1 1

8 6 1 1

6 4 1 1

10 9 0 0

10 10 0 0

10 9 0 0

8 8 0 0

28 ..

-1 ..

0 ..

56 ..

19 ..

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 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 67.3

3.7 0.0 0.0 0.0 67.2

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

0.8 40.0 10.0

0.0 0.0 0.0

634 107 3 510 4 -105 26

1,089 .. .. .. .. .. 28

1,202 .. .. .. .. .. 25

1,311 .. .. .. .. .. 34

1,368 .. .. .. .. .. 58

1,839 .. .. .. .. .. 90

2,097 .. .. .. .. .. 114

2,584 .. .. .. .. .. 115

308.5 52.0 4.3 3.6 46.1 7.7 0.6

.. 69.5 .. 1.7 67.4 3.7 ..

.. 68.4 .. 2.3 68.3 3.1 ..

.. 68.4 .. 1.9 68.4 3.8 ..

.. 72.9 .. 1.8 64.5 5.8 ..

.. 57.1 .. 1.3 62.6 8.6 ..

.. 49.7 .. 1.6 62.5 11.0 ..

.. 40.8 .. 1.7 63.1 10.9 ..

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

6. Ratios

128

ERITREA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

1,002 1,002 964 651 0 468 313 38 0 0 0 0

1,014 1,014 977 666 0 478 311 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

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

9 9 9 8 0 4 1 0 0 0 0 0

24 24 24 24 0 17 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

13 13 13 8 0 4 5 0 0 0 0 0

14 14 14 8 0 4 6 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 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

9 9 9 5 0 4 4 0 0 0 0 0

8 8 8 4 0 2 4 0 0 0 0 0

56 60

-3 39

66 36

74 38

101 98

53 41

-9 -3

14 11

0 0 0

17 6 0

21 0 0

5 0 0

0 0 0

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

2012

2013

2014

2015

2016

2017

2018

2019

93 12

90 10

50 8

41 7

36 7

37 7

35 6

32 6

0 0

Notes: Long-term public and publicly guaranteed debt data for 2011 are World Bank staff estimates. Short-term debt is based on data from the BIS.

129

ETHIOPIA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

5,509 5,339 5,339 0 92 79 65

6,224 5,928 5,928 0 176 120 36

2,294 2,201 2,201 0 17 76 36

2,638 2,571 2,571 0 18 49 32

2,896 2,829 2,829 0 17 50 32

5,232 4,819 4,819 0 368 45 32

7,347 6,547 6,547 0 485 314 30

8,597 7,938 7,938 0 484 175 30

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

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 1,237

373 4,819 0 1,539

364 6,547 0 3,204

363 7,938 0 1,139

External debt flows Disbursements Long-term external debt IMF purchases

185 185 0

527 527 0

370 370 0

376 376 0

379 379 0

2,313 2,148 165

1,882 1,760 122

1,687 1,687 0

Principal repayments Long-term external debt IMF repurchases

85 72 13

40 36 4

89 89 0

88 88 0

72 72 0

62 62 0

130 130 0

260 260 0

Net flows Long-term external debt Short-term external debt

90 114 -11

478 491 -9

237 281 -44

265 289 -23

309 307 1

2,246 2,086 -5

2,023 1,630 271

1,288 1,427 -139

Interest payments Long-term external debt IMF charges Short-term external debt

54 52 1 1

54 49 1 3

50 47 1 3

46 44 1 1

39 39 0 0

41 40 1 0

54 50 1 4

93 91 0 2

135 ..

265 ..

545 ..

222 ..

109 ..

221 ..

288 ..

627 ..

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

.. 0.3 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 68.9

10.1 0.0 0.0 0.0 70.3

8.0 0.0 0.0 0.0 72.3

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

1.8 27.8 8.8

1.2 34.4 5.0

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

0.8 11.1 0.0

8,119 1,008 53 1,673 9 13 306

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 2,726 358 6,941 18 -828 1,290

26,662 3,533 387 9,634 17 -1,806 871

31,922 3,436 262 9,086 18 -2,191 1,781

29,576 4,652 345 9,982 35 -425 ..

31,591 5,824 513 11,736 23 -783 ..

546.3 67.9 13.7 1.4 50.0 5.6 2.2

315.5 50.7 4.8 1.9 75.6 16.8 2.5

101.8 15.2 6.2 3.3 47.2 37.8 2.0

96.8 13.5 4.9 1.8 52.2 48.9 2.2

82.0 10.9 3.1 1.7 55.3 30.1 1.1

152.3 16.4 3.0 0.9 44.2 34.0 2.4

157.9 24.8 3.9 4.3 38.3 .. ..

147.6 27.2 6.1 2.0 39.6 .. ..

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

6. Ratios

130

ETHIOPIA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

4,819 4,819 3,556 2,313 0 1,422 1,243 1,263 0 0 0 0

6,547 6,547 4,638 2,812 0 1,804 1,825 1,909 0 300 0 0

7,938 7,938 5,678 3,405 0 2,208 2,273 2,259 0 725 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

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

2,148 2,148 1,098 756 0 553 341 1,050 0 0 0 0

1,760 1,760 1,021 504 0 389 518 739 0 305 0 0

1,687 1,687 1,150 655 0 430 495 537 0 474 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

260 260 80 39 0 8 41 179 0 45 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

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

91 91 52 28 0 15 25 38 0 12 0 0

-63 90

-456 478

-3,930 237

344 265

258 309

2,336 2,246

2,114 2,023

1,250 1,288

0 0 0

168 452 0

0 4,357 0

0 13 0

0 31 0

0 0 0

0 11 0

0 0 0

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

2012

2013

2014

2015

2016

2017

2018

2019

155 87

175 95

219 99

291 101

312 99

351 96

371 91

390 87

254 37

265 34

244 31

226 27

203 22

179 18

179 16

179 13

Notes: Short-term debt is based on data from the BIS. Data include the effects of HIPC and MDRI debt relief.

131

FIJI (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

181.7 172.4 172.4 0.0 9.1 0.2 0.2

195.7 185.4 185.4 0.0 9.9 0.4 0.4

364.7 342.2 342.2 0.0 10.5 12.0 1.0

380.3 347.0 347.0 0.0 11.0 22.3 0.3

390.6 360.5 360.1 0.4 10.7 19.4 0.4

536.2 360.9 360.4 0.5 105.2 70.1 0.1

554.6 390.2 389.7 0.5 103.3 61.1 0.1

860.7 545.5 545.0 0.5 103.0 212.2 0.2

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

0.0 287.5 73.4 17.6

0.0 316.8 73.4 131.2

0.0 472.1 73.4 357.4

External debt flows Disbursements Long-term external debt IMF purchases

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

315.0 315.0 0.0

Principal repayments Long-term external debt IMF repurchases

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

10.4 10.4 0.0

7.9 7.9 0.0

163.8 163.8 0.0

Net flows Long-term external debt Short-term external debt

-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

55.9 4.9 51.0

15.6 24.6 -9.0

302.2 151.2 151.0

Interest payments Long-term external debt IMF charges Short-term external debt

8.1 7.7 0.4 0.0

5.8 5.5 0.3 0.0

6.7 5.7 0.4 0.6

17.7 16.1 0.4 1.3

16.3 15.8 0.1 0.5

15.5 14.4 0.2 0.9

14.5 13.3 0.3 0.8

28.3 24.9 0.1 3.3

0.6 0.0

159.6 1.7

370.2 -1.6

377.0 4.8

350.3 1.4

134.7 -1.1

196.2 0.1

204.3 ..

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

.. 0.8 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 83.5

0.5 4.8 0.0 0.0 80.8

0.0 3.3 0.0 0.0 81.4

0.0 0.0 0.0

4.3 24.7 5.2

2.0 20.4 0.4

0.0 0.0 0.0

0.7 31.6 8.1

1.0 15.3 3.8

2.0 19.5 4.5

0.0 0.0 0.0

6.9 5.0 5.0

0.0 0.0 0.0

9.0 5.2 5.2

1717.4 1023.2 44.0 1136.4 7.5 -25.5 411.8

3050.1 1600.7 203.7 2038.7 132.8 -257.5 320.9

2982.2 1519.0 204.6 2268.4 163.1 -544.1 312.8

3304.9 1631.3 183.2 2258.1 127.1 -436.2 527.6

3502.8 1913.4 146.7 2752.7 122.3 -647.3 321.5

2867.1 1375.0 171.2 1783.5 48.0 -224.8 569.1

3073.1 1755.3 173.8 2236.0 143.4 -360.3 719.4

3653.7 .. 176.9 .. .. .. 832.2

17.8 10.6 2.4 0.1 48.9 226.7 4.3

12.2 6.4 0.9 0.2 46.9 164.0 1.9

24.0 12.2 0.9 3.3 26.5 85.8 1.7

23.3 11.5 1.7 5.9 26.7 138.7 2.8

20.4 11.2 1.3 5.0 27.8 82.3 1.4

39.0 18.7 1.9 13.1 19.2 106.1 3.8

31.6 18.0 1.3 11.0 20.7 129.7 3.9

.. 23.6 .. 24.7 14.6 96.7 ..

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

6. Ratios

132

FIJI (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

360.9 360.4 210.4 102.9 0.0 0.0 107.5 150.0 150.0 0.0 0.5 0.0

390.2 389.7 239.7 114.7 0.0 0.0 125.0 150.0 150.0 0.0 0.5 0.0

545.5 545.0 295.0 125.4 0.0 0.0 169.6 250.0 250.0 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

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

315.0 315.0 65.0 21.4 0.0 0.0 43.6 250.0 250.0 0.0 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

10.4 10.3 10.3 7.0 1.4 0.0 3.4 0.0 0.0 0.0 0.0 0.0

7.9 7.9 7.9 6.5 0.0 0.0 1.4 0.0 0.0 0.0 0.0 0.0

163.8 163.7 13.7 11.3 0.0 0.0 2.4 150.0 150.0 0.0 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

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

24.9 24.9 3.3 1.1 0.0 0.0 2.2 21.6 21.6 0.0 0.0 0.0

-19.5 -9.8

-61.1 -47.5

169.0 166.2

15.6 13.2

10.3 2.6

145.6 55.9

18.4 15.6

306.1 302.2

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

0.0 0.4 0.0

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

2012

2013

2014

2015

2016

2017

2018

2019

88.5 7.7

18.4 6.3

18.5 6.3

19.9 6.1

33.0 5.8

32.3 5.3

31.4 4.7

31.4 4.2

0.1 22.5

250.1 0.0

0.1 0.0

0.0 0.0

Notes: Short-term debt is based on data from the BIS.

133

GABON (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

3,920 3,457 3,457 0 107 355 63

3,898 3,562 3,562 0 88 247 187

4,209 3,697 3,697 0 78 434 344

2,865 2,597 2,597 0 47 221 6

2,197 2,055 2,055 0 22 120 10

2,363 2,024 2,024 0 230 108 5

2,555 2,153 2,153 0 226 176 6

2,879 2,464 2,464 0 225 190 6

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

118 3,457 0 20

341 3,562 0 142

773 3,697 0 40

38 2,597 0 1,946

28 2,055 0 659

9 2,024 0 488

13 2,153 0 702

15 2,464 0 412

External debt flows Disbursements Long-term external debt IMF purchases

51 34 17

18 18 0

87 87 0

1,089 1,089 0

107 107 0

261 261 0

472 472 0

614 614 0

Principal repayments Long-term external debt IMF repurchases

198 188 10

136 111 25

128 114 14

2,280 2,246 34

591 566 25

269 269 0

304 304 0

270 270 0

Net flows Long-term external debt Short-term external debt

-363 -154 -216

-58 -93 60

-11 -27 30

-1,066 -1,157 125

-589 -459 -105

-15 -8 -7

236 169 67

358 344 14

Interest payments Long-term external debt IMF charges Short-term external debt

155 124 5 26

58 52 4 2

43 36 4 3

389 377 3 9

229 224 1 4

146 144 1 1

136 133 1 2

135 132 0 3

-43 0

326 0

268 0

269 0

209 0

33 0

531 0

728 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

.. 0.8 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 44.8

26.4 0.5 0.9 0.0 54.4

24.5 0.2 0.7 0.0 55.0

25.6 0.2 0.4 0.0 54.9

28.2 0.1 0.1 0.0 50.1

0.0 9.7 0.7

1.4 16.8 4.3

4.2 14.4 2.9

4.9 19.4 5.3

2.6 18.1 6.1

0.0 19.9 10.0

1.3 18.7 6.5

2.5 19.4 4.9

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

3.2 7.2 1.9

2.7 8.7 2.1

3.0 9.3 1.9

4,289 3,547 6 2,483 473 1,001 190

7,708 5,639 11 3,387 765 1,983 669

8,187 .. .. .. .. .. 1,113

10,082 .. .. .. .. .. 1,227

12,673 .. .. .. .. .. 1,923

9,862 .. .. .. .. .. 1,993

11,424 .. .. .. .. .. 1,736

14,588 .. .. .. .. .. 2,157

110.5 91.4 9.9 9.1 11.9 4.8 0.9

69.1 50.6 3.4 6.3 10.1 17.2 2.4

.. 51.4 .. 10.3 9.7 26.5 ..

.. 28.4 .. 7.7 14.2 42.8 ..

.. 17.3 .. 5.5 17.3 87.5 ..

.. 24.0 .. 4.6 17.0 84.4 ..

.. 22.4 .. 6.9 15.3 67.9 ..

.. 19.7 .. 6.6 15.3 74.9 ..

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

6. Ratios

134

GABON (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

2,597 2,597 1,462 406 12 0 1,056 1,135 1,000 60 0 0

2,055 2,055 994 381 20 0 613 1,062 946 79 0 0

2,024 2,024 926 401 18 0 526 1,098 901 169 0 0

2,153 2,153 910 392 22 0 518 1,244 879 346 0 0

2,464 2,464 992 440 35 0 552 1,472 879 542 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

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

107 107 62 17 12 0 45 45 0 45 0 0

261 261 147 74 4 0 73 114 0 109 0 0

472 472 196 71 7 0 125 276 0 225 0 0

614 614 261 113 18 0 148 352 0 284 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

566 566 506 53 3 0 453 61 0 22 0 0

269 269 231 59 6 0 172 39 0 24 0 0

304 304 183 71 2 0 113 120 23 39 0 0

270 270 174 53 4 0 121 95 0 62 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

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

132 132 34 13 1 0 21 98 72 25 0 0

-84 -363

-185 -58

311 -11

-1,343 -1,066

-668 -589

166 -15

192 236

324 358

637 0 0

407 0 0

0 0 0

0 92 2,100

0 9 428

0 0 44

0 0 0

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

2012

2013

2014

2015

2016

2017

2018

2019

140 25

96 25

92 26

116 26

125 25

130 23

130 21

128 19

221 107

208 108

185 104

180 98

166 91

1,012 85

98 9

91 6

Notes: Long-term public and publicly guaranteed debt data before 2008 are World Bank staff estimates based on reports provided by the country. Short-term debt is based on data from the BIS. Data include the effects of Paris Club debt buyback agreement signed in 2007. 135

GAMBIA, THE (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

490.1 438.0 438.0 0.0 24.8 27.3 0.0

667.1 616.5 616.5 0.0 28.1 22.4 1.4

717.8 674.4 674.4 0.0 25.5 17.9 0.9

700.1 664.0 664.0 0.0 14.4 21.6 0.6

373.0 336.8 336.8 0.0 20.2 15.9 1.9

506.2 387.6 387.6 0.0 75.2 43.4 2.4

512.1 390.8 390.8 0.0 77.0 44.3 2.3

466.5 385.1 385.1 0.0 80.3 1.1 1.1

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

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 50.8

13.9 336.8 0.0 59.3

20.3 387.6 0.0 29.8

23.8 390.8 0.0 4.5

19.2 385.1 0.0 81.6

External debt flows Disbursements Long-term external debt IMF purchases

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

46.3 43.2 3.0

18.2 14.5 3.7

Principal repayments Long-term external debt IMF repurchases

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

15.8 15.8 0.0

17.7 17.7 0.0

Net flows Long-term external debt Short-term external debt

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

31.5 27.4 1.0

-41.6 -3.3 -42.0

Interest payments Long-term external debt IMF charges Short-term external debt

7.6 6.0 0.4 1.2

10.6 9.4 0.3 0.9

9.5 8.3 0.4 0.9

10.2 8.8 0.4 1.0

6.8 5.8 0.1 0.9

7.6 7.0 0.2 0.4

7.3 6.6 0.2 0.5

6.8 6.3 0.1 0.4

43.5 ..

53.7 ..

82.2 ..

78.1 ..

78.6 ..

39.4 ..

37.1 ..

36.0 ..

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 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

5.1 0.0 0.0 0.0 46.9

3.6 0.0 0.0 0.0 46.4

1.7 27.4 6.8

2.8 30.1 7.6

0.2 29.2 8.6

2.4 25.1 7.2

1.9 25.0 6.2

0.6 24.1 6.4

0.0 25.0 1.0

1.5 18.9 4.0

0.0 0.0 0.0

4.7 12.4 2.4

0.0 0.0 0.0

756.3 .. .. .. .. .. 109.4

592.7 189.8 59.3 305.0 26.9 -43.4 98.3

619.1 205.5 63.8 358.7 32.9 -65.6 120.6

786.2 271.3 55.7 419.8 38.4 -58.4 142.8

991.0 335.8 64.8 407.4 42.8 10.9 116.5

940.2 290.1 79.8 362.3 11.7 63.0 224.2

1010.6 284.9 115.7 341.3 11.5 56.3 201.6

1069.9 327.9 90.7 392.4 11.2 67.0 223.2

.. 64.8 .. 5.6 70.1 22.3 ..

351.5 112.6 15.1 3.4 75.3 14.7 3.9

349.3 115.9 14.8 2.5 77.1 16.8 4.0

258.1 89.0 12.5 3.1 78.0 20.4 4.1

111.1 37.6 5.1 4.3 58.1 31.2 3.4

174.5 53.8 6.5 8.6 53.1 44.3 7.4

179.7 50.7 8.1 8.7 51.6 39.4 7.1

142.3 43.6 7.5 0.2 57.1 47.9 6.8

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

6. Ratios

136

GAMBIA, THE (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

390.8 390.8 384.4 264.3 0.0 65.0 120.1 6.4 0.0 6.4 0.0 0.0

385.1 385.1 381.0 266.2 0.0 64.0 114.8 4.1 0.0 4.1 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

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

43.2 43.2 36.8 22.0 0.0 2.2 14.8 6.4 0.0 6.4 0.0 0.0

14.5 14.5 14.5 10.1 0.0 0.0 4.3 0.0 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

15.8 15.8 12.6 5.9 0.0 0.3 6.6 3.2 0.0 3.2 0.0 0.0

17.7 17.7 15.5 7.8 0.0 0.8 7.7 2.3 0.0 2.3 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

6.0 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

6.3 6.3 6.2 3.1 0.0 0.5 3.1 0.1 0.0 0.1 0.0 0.0

18.4 20.6

-14.0 33.2

50.7 26.6

-17.7 26.2

-327.1 26.3

133.3 64.9

5.9 31.5

-45.6 -41.6

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

0.0 0.0 0.0

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

2012

2013

2014

2015

2016

2017

2018

2019

24.0 6.1

26.4 6.4

31.0 6.7

33.4 6.5

32.7 6.2

32.4 5.9

32.6 5.4

33.8 4.9

2.1 0.3

2.1 0.2

2.1 0.1

1.0 0.0

Notes: Data include the effects of HIPC and MDRI debt relief.

137

GEORGIA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

1,826 1,316 1,274 42 466 44 1

2,151 1,663 1,531 132 438 50 11

2,573 1,685 1,526 159 453 436 7

2,897 1,844 1,604 241 479 574 7

7,633 6,003 2,974 3,029 682 948 7

8,556 6,736 3,529 3,207 1,012 808 7

9,519 7,284 4,141 3,143 1,272 963 7

11,124 8,369 4,343 4,026 1,210 1,545 84

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

179 1,264 52 72

151 1,530 133 84

69 1,526 159 104

32 1,604 241 55

28 2,974 3,029 812

28 3,529 3,207 781

28 4,141 3,143 964

226 4,343 4,026 918

External debt flows Disbursements Long-term external debt IMF purchases

65 65 0

187 146 41

217 175 41

235 193 43

1,149 893 256

1,488 1,147 341

1,487 1,190 297

1,786 1,786 0

Principal repayments Long-term external debt IMF repurchases

68 42 26

157 103 54

234 185 49

143 103 40

458 423 35

502 474 28

532 510 22

1,259 1,199 60

Net flows Long-term external debt Short-term external debt

33 23 36

-30 43 -60

372 -9 389

231 89 138

1,065 470 374

846 673 -140

1,111 680 156

1,032 587 505

Interest payments Long-term external debt IMF charges Short-term external debt

58 43 13 1

38 28 8 2

70 33 10 27

74 33 9 32

252 225 4 23

268 251 7 10

272 247 12 12

347 307 17 23

131 0

453 3

1,170 143

1,878 34

1,591 115

653 12

869 -22

1,154 -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

.. 0.2 0.0 0.2 82.3

19.7 2.7 0.0 0.2 73.3

14.9 2.9 0.0 0.0 77.2

16.7 3.0 0.0 0.0 73.1

9.0 2.0 0.0 0.0 81.7

7.9 1.6 0.0 0.0 80.3

8.0 1.4 0.0 0.0 80.7

9.7 1.5 0.0 0.0 78.4

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

1.5 23.7 4.7

0.0 0.0 0.0

7.5 5.0 5.0

0.0 0.0 0.0

9.9 5.0 5.0

6.9 10.0 10.0

3,175 1,007 274 1,433 36 -177 116

6,473 2,415 446 3,469 116 -695 479

7,909 2,841 627 4,555 94 -1,190 931

10,210 3,645 883 6,325 298 -1,991 1,361

12,676 4,245 1,065 8,115 358 -2,810 1,480

10,679 3,672 1,112 5,779 262 -1,139 2,110

11,416 4,591 1,184 6,881 470 -1,192 2,264

14,064 5,981 1,537 9,087 805 -1,791 2,818

181.3 57.5 12.5 2.4 26.2 6.4 1.0

89.1 33.2 8.1 2.3 38.1 22.2 1.7

90.6 32.5 10.7 16.9 35.1 36.2 2.5

79.5 28.4 6.0 19.8 35.0 47.0 2.6

179.8 60.2 16.7 12.4 15.6 19.4 2.2

233.0 80.1 21.0 9.4 17.9 24.7 4.4

207.4 83.4 17.5 10.1 18.9 23.8 3.9

186.0 79.1 26.9 13.9 18.2 25.3 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

6. Ratios

138

GEORGIA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

1,316 1,274 1,272 478 0 347 794 2 0 0 42 0

1,663 1,531 1,529 819 0 679 710 2 0 0 132 0

1,685 1,526 1,524 904 0 785 620 2 0 0 159 0

1,844 1,604 1,602 1,015 0 885 586 2 0 0 241 0

6,003 2,974 1,780 1,190 0 989 590 1,194 500 692 3,029 0

6,736 3,529 2,155 1,535 100 1,153 620 1,375 500 874 3,207 0

7,284 4,141 2,450 1,802 173 1,186 648 1,691 750 940 3,143 0

8,369 4,343 2,706 2,026 276 1,219 680 1,637 815 823 4,026 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

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 32 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

1,786 844 344 280 103 54 64 500 500 0 942 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

1,199 620 67 43 0 17 24 553 435 118 579 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

43 42 42 8 0 3 34 0 0 0 1 0

28 24 24 11 0 6 13 0 0 0 4 0

33 26 26 11 0 6 15 0 0 0 6 0

33 25 25 10 0 6 15 0 0 0 8 0

225 54 28 13 0 7 15 27 19 8 171 0

251 77 31 13 1 7 18 45 38 8 174 0

247 87 39 12 1 8 27 47 38 10 160 0

307 139 35 17 1 9 18 104 94 11 167 0

-26 33

-165 -30

422 372

324 231

4,736 1,065

923 846

963 1,111

1,605 1,032

0 0 0

80 0 0

67 109 0

0 2 0

0 0 0

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

2012

2013

2014

2015

2016

2017

2018

2019

49 42

59 46

89 47

108 46

118 44

130 42

150 40

180 38

841 345

643 348

937 277

688 193

367 119

721 381

384 53

220 53

Notes: Long-term private nonguaranteed debt data for 2011 are revised based on reports provided by the country.

139

GHANA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

6,261 5,314 5,057 257 375 572 10

7,182 6,060 6,060 0 507 616 38

3,691 2,270 2,270 0 253 1,168 44

5,114 3,565 3,565 0 266 1,282 27

5,690 4,085 4,085 0 259 1,346 8

7,191 5,033 5,033 0 826 1,332 50

9,318 6,117 6,117 0 937 2,264 28

11,289 7,402 7,402 0 1,101 2,785 105

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

25 5,057 257 462

18 6,060 0 540

42 2,270 0 910

19 3,565 0 1,694

15 4,085 0 2,587

29 5,033 0 1,075

58 6,117 0 3,017

121 7,402 0 7,783

External debt flows Disbursements Long-term external debt IMF purchases

460 425 35

599 560 39

621 505 116

1,312 1,312 0

757 757 0

1,110 1,006 104

1,435 1,310 124

1,724 1,536 188

Principal repayments Long-term external debt IMF repurchases

254 217 37

221 190 32

185 185 0

134 134 0

137 137 0

138 138 0

151 151 0

216 199 17

Net flows Long-term external debt Short-term external debt

70 207 -136

269 371 -109

982 320 546

1,309 1,178 131

702 619 83

916 868 -56

2,238 1,160 954

1,953 1,337 444

Interest payments Long-term external debt IMF charges Short-term external debt

138 95 5 38

114 88 5 21

103 70 4 29

102 66 4 32

163 130 2 32

140 107 2 31

217 160 2 56

129 98 1 31

166 0

145 0

636 0

1,383 0

2,715 0

2,373 535

2,527 18

3,222 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

.. 16.0 2.1 0.1 68.0

4.7 0.0 0.0 0.0 77.4

16.1 0.0 0.1 0.0 51.4

16.5 0.0 0.0 0.0 56.1

18.7 0.0 0.0 0.0 54.0

21.1 0.0 0.0 0.0 51.7

19.2 0.0 0.0 0.0 54.0

18.6 0.0 0.0 0.0 55.4

1.6 33.7 8.6

1.0 37.1 9.1

2.1 30.1 7.6

3.2 26.7 7.7

1.8 23.7 6.2

1.0 32.3 8.8

1.5 27.9 7.8

0.1 17.5 3.5

6.1 10.2 2.7

2.6 14.8 3.4

2.6 12.3 2.2

8.1 10.4 9.5

4.7 10.7 2.6

2.7 14.0 2.4

1.9 18.4 5.3

1.5 21.2 2.9

4,831 2,456 32 3,473 17 -386 232

10,590 3,952 99 6,851 94 -1,105 1,753

17,422 5,183 105 8,487 92 -1,056 2,090

21,392 6,088 117 10,510 334 -2,379 1,984

25,362 7,156 126 12,695 -80 -3,327 1,770

25,881 7,735 114 11,710 495 -1,897 3,386

31,643 9,490 136 14,560 396 -2,747 4,763

37,944 14,651 141 18,353 0 -3,675 5,483

254.9 129.6 16.0 9.1 58.5 3.7 0.8

181.7 67.8 8.5 8.6 70.3 24.4 3.1

71.2 21.2 5.6 31.6 33.5 56.6 3.0

84.0 23.9 3.9 25.1 30.2 38.8 2.3

79.5 22.4 4.2 23.6 33.4 31.1 1.7

93.0 27.8 3.6 18.5 32.4 47.1 3.5

98.2 29.4 3.9 24.3 29.5 51.1 3.9

77.1 29.8 2.4 24.7 29.0 48.6 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

6. Ratios

140

GHANA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

5,314 5,057 4,705 3,663 9 3,130 1,042 352 0 57 257 250

6,060 6,060 5,496 5,046 0 4,234 451 563 0 308 0 0

2,270 2,270 1,682 1,236 0 815 446 588 0 349 0 0

3,565 3,565 2,137 1,544 0 1,087 593 1,428 750 417 0 0

4,085 4,085 2,600 1,900 0 1,330 700 1,485 750 451 0 0

5,033 5,033 3,330 2,332 0 1,581 998 1,703 750 692 0 0

6,117 6,117 4,222 2,746 0 1,868 1,476 1,895 750 898 0 0

7,402 7,402 5,135 3,275 0 2,267 1,860 2,267 750 1,294 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

425 425 342 223 0 204 119 82 0 14 0 0

560 560 486 405 0 305 81 74 0 70 0 0

505 505 446 337 0 266 110 59 0 48 0 0

1,312 1,312 436 278 0 231 158 876 750 79 0 0

757 757 600 410 0 257 190 156 0 101 0 0

1,006 1,006 726 422 0 241 304 279 0 274 0 0

1,310 1,310 999 458 0 308 541 312 0 297 0 0

1,536 1,536 1,026 557 0 418 469 511 0 504 0 0

217 214 141 68 8 25 74 73 0 27 3 0

190 190 127 42 2 15 85 63 0 24 0 0

185 185 128 43 0 8 85 57 0 28 0 0

134 134 64 30 0 1 35 70 0 38 0 0

137 137 64 23 0 1 41 73 0 49 0 0

138 138 56 19 0 2 37 82 0 50 0 0

151 151 75 25 0 3 50 76 0 55 0 0

199 199 90 20 0 6 71 109 0 79 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

95 80 64 39 1 22 26 16 0 4 14 14

88 88 57 42 0 31 16 30 0 12 0 0

70 70 42 29 0 18 12 29 0 13 0 0

66 66 31 17 0 8 14 35 0 19 0 0

130 130 34 18 0 9 16 96 64 19 0 0

107 107 46 20 0 10 26 61 32 21 0 0

160 160 72 22 0 12 51 88 64 18 0 0

98 98 61 25 0 15 35 37 0 32 0 0

-245 70

-260 269

-3,491 982

1,423 1,309

576 702

1,501 916

2,127 2,238

1,971 1,953

0 0 0

0 94 0

7 4,649 0

0 0 0

0 15 0

0 0 0

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

2012

2013

2014

2015

2016

2017

2018

2019

276 88

296 96

278 98

722 97

761 93

921 87

1,089 80

1,111 72

198 118

188 132

211 133

232 131

278 125

1,073 119

312 47

289 41

Notes: Long-term private nonguaranteed debt data only cover Bonds. Short-term debt is based on data from the BIS. Data include the effects of HIPC and MDRI debt relief. 141

GRENADA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

203.5 180.7 180.7 0.0 1.2 21.6 4.5

407.2 391.3 391.3 0.0 9.7 6.3 4.3

500.5 454.8 454.8 0.0 10.9 34.8 5.8

537.6 479.5 479.5 0.0 9.1 49.0 12.0

551.8 477.2 477.2 0.0 14.4 60.2 11.2

571.4 494.6 494.6 0.0 40.5 36.3 13.3

578.1 493.3 493.3 0.0 46.3 38.6 14.6

566.9 487.2 487.2 0.0 45.9 33.8 15.8

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

11.4 180.7 0.0 97.4

9.5 391.3 0.0 22.5

10.5 454.8 0.0 35.4

13.4 479.5 0.0 32.8

21.1 477.2 0.0 22.3

26.4 494.6 0.0 24.0

27.6 493.3 0.0 17.3

29.4 487.2 0.0 29.9

External debt flows Disbursements Long-term external debt IMF purchases

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

37.7 25.7 12.0

27.5 21.1 6.4

6.3 6.3 0.0

Principal repayments Long-term external debt IMF repurchases

10.1 10.1 0.0

5.6 5.6 0.0

7.4 5.8 1.6

9.4 7.2 2.2

11.8 8.9 2.9

11.6 9.4 2.3

15.4 15.4 0.0

13.7 13.5 0.2

Net flows Long-term external debt Short-term external debt

63.4 67.5 -4.1

-28.1 32.9 -61.0

54.6 27.0 27.0

22.8 17.1 8.0

39.3 21.7 12.0

0.0 16.3 -26.0

13.1 5.7 1.0

-13.4 -7.2 -6.0

Interest payments Long-term external debt IMF charges Short-term external debt

4.5 3.4 0.1 1.0

4.9 3.3 0.3 1.3

8.1 6.8 0.5 0.8

10.3 8.6 0.4 1.3

9.7 8.3 0.2 1.3

11.7 11.1 0.1 0.5

11.3 10.9 0.1 0.3

11.8 11.5 0.0 0.3

37.4 ..

70.2 ..

89.8 ..

156.6 ..

142.2 ..

102.6 ..

60.2 ..

41.4 ..

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 0.0 78.4

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 92.1

0.3 0.0 0.7 0.0 91.0

0.3 0.0 0.7 0.0 90.3

0.3 0.0 0.6 0.0 91.0

0.3 0.0 0.6 0.0 91.3

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

1.5 32.0 2.1

5.0 12.5 7.2

0.0 0.0 0.0

5.3 5.1 3.1

0.0 0.0 0.0

486.0 240.8 46.4 349.0 27.8 -88.1 57.7

669.1 160.3 26.8 435.9 22.7 -193.3 94.3

672.1 175.6 28.4 444.5 22.0 -226.7 100.0

720.9 202.6 28.6 493.1 35.7 -264.3 110.6

783.1 197.9 28.9 509.5 35.5 -274.5 105.3

709.4 182.4 27.7 410.5 30.5 -188.4 129.1

732.2 174.9 28.5 427.8 30.8 -221.0 119.2

768.4 191.3 28.9 435.5 24.4 -217.2 120.7

84.5 41.9 6.0 10.6 31.1 28.3 2.0

254.0 60.9 6.6 1.5 27.2 23.1 2.6

285.1 74.5 8.8 7.0 25.7 20.0 2.7

265.4 74.6 9.7 9.1 28.0 20.6 2.7

278.9 70.5 10.9 10.9 30.6 19.1 2.5

313.3 80.6 12.8 6.4 32.0 22.6 3.8

330.5 79.0 15.3 6.7 32.5 20.6 3.3

296.4 73.8 13.3 6.0 32.8 21.3 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

6. Ratios

142

GRENADA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

180.7 180.7 116.8 63.3 2.2 9.6 53.5 63.9 27.4 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

479.5 479.5 231.6 150.3 12.0 34.8 81.3 247.9 239.4 8.3 0.0 0.0

477.2 477.2 257.2 169.0 11.5 36.6 88.2 219.9 210.3 8.3 0.0 0.0

494.6 494.6 274.6 183.1 10.8 39.4 91.6 219.9 210.3 8.3 0.0 0.0

493.3 493.3 277.7 187.8 14.2 44.0 89.8 215.6 210.3 4.0 0.0 0.0

487.2 487.2 273.2 186.2 12.5 45.2 87.0 214.0 210.3 2.4 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

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

25.7 25.7 25.7 20.2 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

6.3 6.3 6.3 6.3 0.0 1.8 0.0 0.0 0.0 0.0 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

7.2 7.2 7.2 5.4 1.2 0.3 1.8 0.0 0.0 0.0 0.0 0.0

8.9 8.9 8.9 7.2 1.4 0.4 1.7 0.0 0.0 0.0 0.0 0.0

9.4 9.4 9.4 7.5 1.5 0.3 1.9 0.0 0.0 0.0 0.0 0.0

15.4 15.4 11.0 7.0 1.7 0.3 4.0 4.4 0.0 4.4 0.0 0.0

13.5 13.5 10.6 7.6 1.5 0.5 3.0 2.9 0.0 2.9 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

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

11.5 11.5 6.4 4.7 0.4 0.4 1.7 5.1 5.1 0.0 0.0 0.0

65.6 63.4

-26.1 -28.1

93.3 54.6

37.1 22.8

14.1 39.3

19.7 0.0

6.7 13.1

-11.2 -13.4

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

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

2012

2013

2014

2015

2016

2017

2018

2019

17.3 6.4

29.6 6.4

13.1 5.9

15.8 5.7

15.1 5.3

15.0 4.9

14.7 4.5

14.8 4.1

5.6 21.1

0.0 21.0

0.0 28.1

0.0 37.4

0.0 39.7

0.0 42.1

143

GUATEMALA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

3,948 2,740 2,598 142 36 1,172 317

9,506 8,014 3,720 4,294 40 1,453 414

10,946 9,431 3,953 5,477 42 1,474 0

12,676 10,629 4,220 6,408 44 2,004 0

13,821 11,627 4,383 7,245 43 2,151 0

14,822 13,281 4,923 8,358 315 1,226 0

15,039 13,144 5,555 7,589 309 1,585 0

16,286 13,712 5,358 8,354 308 2,265 0

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

224 2,598 142 87

131 3,720 4,294 82

0 3,953 5,477 755

0 4,220 6,408 398

0 4,383 7,245 508

0 4,923 8,358 1,532

0 5,555 7,589 275

0 5,358 8,354 630

External debt flows Disbursements Long-term external debt IMF purchases

220 220 0

1,639 1,639 0

1,893 1,893 0

2,237 2,237 0

958 958 0

941 941 0

1,471 1,471 0

1,031 1,031 0

Principal repayments Long-term external debt IMF repurchases

192 192 0

570 570 0

709 709 0

875 875 0

917 917 0

1,086 1,086 0

949 949 0

1,343 1,343 0

Net flows Long-term external debt Short-term external debt

62 28 34

906 1,069 -163

1,619 1,184 435

1,892 1,362 530

188 41 147

-1,070 -145 -925

881 522 359

368 -312 680

Interest payments Long-term external debt IMF charges Short-term external debt

204 153 2 50

474 420 1 53

564 503 2 59

642 570 1 70

697 621 0 75

679 657 1 21

655 636 1 18

715 684 0 30

230 ..

540 ..

635 ..

859 ..

751 ..

696 ..

921 ..

1,081 ..

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

.. 2.8 0.0 0.2 73.3

2.5 3.5 0.0 0.0 85.0

2.3 3.3 0.0 0.0 86.2

2.1 3.1 0.0 0.0 87.4

1.9 3.7 0.0 0.0 87.9

1.7 3.5 0.0 0.0 89.5

1.3 3.7 0.0 0.0 90.7

1.3 4.1 0.0 0.0 90.7

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

3.3 19.4 4.3

0.0 0.0 0.0

19,065 4,077 596 5,991 248 -1,050 1,746

26,726 7,069 3,067 11,886 370 -1,241 3,664

29,551 8,036 3,700 13,828 608 -1,524 3,915

33,270 9,270 4,236 15,910 819 -1,786 4,130

38,199 10,264 4,460 17,052 886 -1,681 4,462

36,623 9,572 4,019 14,190 951 8 4,964

40,129 11,108 4,232 16,680 1,001 -626 5,637

45,347 13,179 4,508 19,844 1,343 -1,457 5,835

96.8 20.7 9.7 29.7 38.5 44.2 3.5

134.5 35.6 14.8 15.3 21.5 38.5 3.7

136.2 37.0 15.8 13.5 22.5 35.8 3.4

136.7 38.1 16.4 15.8 22.9 32.6 3.1

134.7 36.2 15.7 15.6 22.2 32.3 3.1

154.8 40.5 18.4 8.3 24.4 33.5 4.2

135.4 37.5 14.4 10.5 28.2 37.5 4.1

123.6 35.9 15.6 13.9 26.9 35.8 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

6. Ratios

144

GUATEMALA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

2,740 2,598 2,156 1,521 296 0 635 442 245 0 142 0

8,014 3,720 2,484 2,044 479 0 440 1,237 1,105 0 4,294 50

9,431 3,953 2,848 2,462 642 0 386 1,105 1,105 0 5,477 50

10,629 4,220 3,265 2,903 740 0 362 955 955 0 6,408 50

11,627 4,383 3,427 3,062 806 0 366 955 955 0 7,245 55

13,281 4,923 3,968 3,612 1,112 0 356 955 955 0 8,358 5

13,144 5,555 4,600 4,241 1,372 0 359 955 955 0 7,589 5

13,712 5,358 4,728 4,377 1,392 0 352 630 630 0 8,354 155

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

220 220 220 167 51 0 53 0 0 0 0 0

1,639 144 144 131 34 0 13 0 0 0 1,495 0

1,893 581 581 572 199 0 9 0 0 0 1,312 0

2,237 599 599 594 136 0 6 0 0 0 1,638 0

958 396 396 386 133 0 10 0 0 0 562 5

941 807 807 783 379 0 24 0 0 0 135 0

1,471 879 879 858 335 0 21 0 0 0 592 0

1,031 398 398 382 101 0 17 0 0 0 633 150

192 172 139 81 13 0 58 32 31 0 20 0

570 200 199 145 33 0 54 1 0 0 371 0

709 245 234 163 36 0 71 11 0 0 464 0

875 360 210 164 38 0 46 150 150 0 515 0

917 260 260 225 67 0 35 0 0 0 656 0

1,086 269 269 234 72 0 35 0 0 0 817 50

949 264 264 228 75 0 36 0 0 0 685 0

1,343 600 275 244 81 0 31 325 325 0 743 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

153 134 112 86 21 0 26 23 22 0 19 0

420 203 102 87 19 0 15 101 101 0 217 5

503 228 127 114 28 0 13 101 101 0 276 5

570 249 149 138 37 0 11 101 101 0 321 5

621 257 169 159 40 0 10 88 88 0 365 5

657 258 170 160 41 0 9 88 88 0 399 0

636 284 196 188 51 0 8 88 88 0 352 0

684 284 196 188 54 0 8 88 88 0 401 7

76 62

1,412 906

1,440 1,619

1,730 1,892

1,145 188

1,001 -1,070

217 881

1,247 368

0 0 0

0 538 0

0 0 0

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

2012

2013

2014

2015

2016

2017

2018

2019

282 125

286 126

318 124

328 118

334 111

355 103

359 95

324 86

2,186 40

1,853 40

1,391 40

815 40

655 40

496 40

412 40

331 40

Notes: Long-term private nonguaranteed debt data are World Bank staff estimates based on reports provided by the country. Short-term debt is based on data from the BIS. 145

GUINEA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

3,083 2,650 2,650 0 136 298 81

2,968 2,771 2,771 0 113 84 84

3,127 2,876 2,876 0 99 153 91

3,234 3,002 3,002 0 92 139 95

3,175 2,883 2,883 0 98 194 38

3,128 2,868 2,868 0 220 40 38

3,135 2,805 2,805 0 205 124 56

3,139 2,849 2,849 0 199 91 80

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

319 2,650 0 76

307 2,771 0 39

313 2,876 0 9

272 3,002 0 4

137 2,883 0 25

139 2,868 0 8

208 2,805 0 14

244 2,849 0 28

External debt flows Disbursements Long-term external debt IMF purchases

71 71 0

93 93 0

74 74 0

85 74 11

91 63 28

42 42 0

32 32 0

33 33 0

Principal repayments Long-term external debt IMF repurchases

99 91 8

110 84 26

101 82 19

99 78 21

98 78 20

90 77 13

57 47 10

139 133 6

Net flows Long-term external debt Short-term external debt

-41 -20 -12

-17 9 0

35 -7 62

-32 -3 -18

105 -15 112

-202 -35 -154

41 -15 66

-163 -100 -57

Interest payments Long-term external debt IMF charges Short-term external debt

58 41 2 15

46 45 2 0

49 43 1 4

48 44 1 3

30 27 1 2

25 24 1 1

18 17 1 0

32 31 0 1

10 ..

.. ..

11 ..

91 ..

.. ..

896 ..

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 0.4 0.2 60.0

10.7 1.9 0.2 0.2 62.9

12.0 1.7 0.2 0.2 62.1

13.2 1.6 0.1 0.2 62.2

12.7 1.9 0.0 0.3 65.1

13.3 1.7 0.0 0.3 64.4

12.5 1.7 0.0 0.3 64.5

11.8 1.8 0.0 0.3 65.5

1.3 38.1 9.1

0.5 34.4 8.4

0.8 23.4 9.2

1.0 42.7 11.1

1.7 27.8 9.2

1.0 30.4 10.4

2.5 25.1 8.1

0.6 27.3 7.6

0.0 0.0 0.0

3,035 758 1 973 8 -140 148

2,647 929 42 1,079 0 -160 95

2,501 1,098 30 1,298 0 -221 ..

3,814 1,313 15 1,637 54 -455 ..

3,340 1,455 62 1,911 14 -438 ..

3,710 1,144 52 1,581 88 -403 ..

4,297 1,549 46 1,892 0 -327 ..

4,782 1,528 65 2,829 26 -1,161 ..

406.9 101.6 20.7 9.7 52.2 4.8 1.8

319.5 112.1 16.8 2.8 60.4 3.2 1.1

284.9 125.1 13.6 4.9 59.4 .. ..

246.3 84.8 11.2 4.3 59.9 .. ..

218.2 95.1 8.8 6.1 60.2 .. ..

273.4 84.3 10.1 1.3 60.5 .. ..

202.4 72.9 4.8 3.9 59.4 .. ..

205.4 65.6 11.2 2.9 61.0 .. ..

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

6. Ratios

146

GUINEA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

2,650 2,650 2,621 1,610 0 982 1,011 29 0 0 0 0

2,771 2,771 2,740 1,793 0 1,205 947 31 0 2 0 0

2,876 2,876 2,844 1,859 0 1,259 985 33 0 4 0 0

3,002 3,002 2,967 1,937 0 1,305 1,029 35 0 7 0 0

2,883 2,883 2,865 1,912 0 1,288 953 18 0 6 0 0

2,868 2,868 2,850 1,893 0 1,269 957 19 0 7 0 0

2,805 2,805 2,787 1,862 0 1,248 925 18 0 6 0 0

2,849 2,849 2,831 1,915 0 1,166 917 18 0 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

71 71 71 66 0 29 5 0 0 0 0 0

93 93 92 43 0 32 48 1 0 1 0 0

74 74 73 36 0 22 37 1 0 1 0 0

74 74 72 41 0 21 32 2 0 2 0 0

63 63 63 45 0 22 18 0 0 0 0 0

42 42 42 13 0 0 29 0 0 0 0 0

32 32 32 18 0 0 13 0 0 0 0 0

33 33 33 23 0 10 9 0 0 0 0 0

91 91 91 51 0 11 40 0 0 0 0 0

84 84 84 43 0 9 42 0 0 0 0 0

82 82 82 42 0 10 40 0 0 0 0 0

78 78 78 38 0 12 39 0 0 0 0 0

78 78 78 53 0 25 25 0 0 0 0 0

77 77 77 53 0 27 23 0 0 0 0 0

47 47 47 23 0 0 24 0 0 0 0 0

133 133 133 132 0 91 1 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

41 41 41 24 0 7 17 0 0 0 0 0

45 45 45 20 0 9 24 0 0 0 0 0

43 43 43 18 0 8 25 0 0 0 0 0

44 44 44 18 0 9 26 0 0 0 0 0

27 27 27 17 0 10 10 0 0 0 0 0

24 24 24 13 0 7 10 0 0 0 0 0

17 17 17 6 0 0 11 0 0 0 0 0

31 31 31 31 0 22 0 0 0 0 0 0

-127 -41

-237 -17

160 35

106 -32

-59 105

-46 -202

6 41

5 -163

0 0 0

0 13 0

0 14 0

41 23 0

86 186 0

17 25 0

13 26 0

0 8 0

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

2012

2013

2014

2015

2016

2017

2018

2019

161 43

141 40

141 38

152 35

143 32

134 29

134 26

123 23

0 0

GUINEA-BISSAU (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

949 822 822 0 26 100 87

1,023 889 889 0 13 121 119

1,047 911 911 0 10 126 126

1,092 936 936 0 7 149 142

1,099 942 942 0 10 146 144

1,150 964 964 0 31 155 148

1,130 978 978 0 25 127 126

284 219 219 0 32 33 33

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

219 822 0 27

256 889 0 9

252 911 0 0

245 936 0 0

270 942 0 0

318 964 0 0

266 978 0 0

101 219 0 0

External debt flows Disbursements Long-term external debt IMF purchases

22 14 9

16 16 0

10 10 0

16 16 0

13 8 6

9 6 3

20 4 16

17 9 8

Principal repayments Long-term external debt IMF repurchases

3 3 0

4 1 3

7 3 4

7 4 3

6 4 2

6 5 2

14 6 8

5 5 0

Net flows Long-term external debt Short-term external debt

29 11 10

10 15 -1

1 7 -2

16 13 7

2 3 -5

7 1 5

0 -2 -6

11 5 -1

Interest payments Long-term external debt IMF charges Short-term external debt

2 2 0 0

3 3 0 0

4 3 0 0

4 4 0 0

3 3 0 0

1 1 0 0

1 ..

9 0

18 0

19 0

7 0

16 0

33 ..

19 ..

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 11.0 34.0

10.3 0.0 0.0 12.5 46.3

11.0 0.0 0.0 5.0 51.8

12.0 0.0 0.0 5.3 49.5

11.3 0.0 0.0 5.6 50.0

11.4 0.0 0.0 5.6 50.1

9.3 0.0 0.0 4.8 53.7

0.0 0.0 0.0 0.0 48.8

0.9 37.9 10.1

0.8 45.5 10.3

0.0 0.0 0.0

203 .. 8 .. .. .. 67

561 95 20 157 0 -10 80

573 78 26 176 0 -40 82

687 141 43 246 0 -31 113

833 172 49 299 0 -29 125

824 160 49 306 2 -48 169

834 .. 49 .. .. -71 156

973 .. 52 .. .. .. 220

.. 467.3 .. 10.6 41.8 7.0 ..

1,073.9 182.2 6.7 11.8 45.5 7.8 6.1

1,345.2 182.8 12.6 12.1 46.8 7.8 5.6

775.4 159.1 7.5 13.7 47.7 10.3 5.5

638.8 131.9 5.7 13.3 47.3 11.3 5.0

717.4 139.5 6.4 13.4 45.3 14.7 6.6

.. 135.4 .. 11.2 44.9 13.8 ..

.. 29.2 .. 11.7 40.4 77.6 ..

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

6. Ratios

148

GUINEA-BISSAU (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

822 822 822 397 0 228 425 0 0 0 0 0

889 889 889 465 0 284 424 0 0 0 0 0

911 911 911 490 0 297 421 0 0 0 0 0

936 936 936 522 0 315 414 0 0 0 0 0

942 942 942 520 0 309 423 0 0 0 0 0

964 964 964 521 0 304 443 0 0 0 0 0

978 978 978 507 0 289 471 0 0 0 0 0

219 219 219 115 0 57 104 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

14 14 14 14 0 14 0 0 0 0 0 0

16 16 16 16 0 11 0 0 0 0 0 0

10 10 10 10 0 5 0 0 0 0 0 0

16 16 16 16 0 11 0 0 0 0 0 0

8 8 8 8 0 4 0 0 0 0 0 0

6 6 6 6 0 1 0 0 0 0 0 0

4 4 4 4 0 0 0 0 0 0 0 0

9 9 9 9 0 0 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

5 5 5 5 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 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

4 4 4 4 0 2 0 0 0 0 0 0

3 3 3 3 0 2 0 0 0 0 0 0

1 1 1 1 0 0 0 0 0 0 0 0

8 29

-92 10

25 1

45 16

7 2

51 7

-21 0

-846 11

0 1 0

0 6 0

0 7 0

117 60 0

0 840 0

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

2012

2013

2014

2015

2016

2017

2018

2019

9 1

4 1

5 1

4 1

0 0

Notes: Long-term public and publicly guaranteed debt data for 2011 are World Bank staff estimates. Short-term debt is based on data from the BIS. Data include the effects of Paris Club debt restructuring agreement and HIPC and MDRI debt relief. 149

GUYANA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

1,384 1,129 1,125 4 136 119 67

1,237 1,043 1,041 2 112 82 82

1,163 923 923 0 78 162 86

759 584 584 0 82 93 93

850 675 675 0 79 96 96

1,172 781 779 2 195 196 97

1,485 885 885 0 190 410 103

1,846 1,054 1,054 0 182 609 107

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

65 1,125 4 85

66 1,041 2 166

76 923 0 4

75 584 0 144

75 675 0 122

78 779 2 73

82 885 0 155

82 1,054 0 175

External debt flows Disbursements Long-term external debt IMF purchases

73 64 9

131 104 27

136 109 27

101 101 0

138 138 0

105 105 0

123 123 0

188 188 0

Principal repayments Long-term external debt IMF repurchases

39 23 17

24 16 8

15 15 0

16 16 0

8 8 0

17 16 1

28 20 7

Net flows Long-term external debt Short-term external debt

21 41 -13

76 88 -31

197 94 76

9 85 -76

122 122 0

195 96 99

314 107 208

355 167 195

Interest payments Long-term external debt IMF charges Short-term external debt

31 26 1 3

11 10 1 1

17 14 1 2

12 9 1 2

11 10 0 0

12 11 1 1

14 11 0 3

18 13 0 5

67 ..

77 ..

102 ..

152 ..

168 ..

208 ..

270 ..

165 ..

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 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 88.8

2.9 0.0 0.1 0.0 90.2

2.2 0.0 0.0 0.0 90.3

1.7 0.0 0.0 0.0 89.9

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 28.5 4.1

1.6 29.2 4.7

1.2 25.8 4.9

1.2 25.3 4.5

0.0 0.0 0.0

661 684 27 813 6 -82 305

804 697 201 960 7 -96 252

1,415 730 218 1,127 9 -181 280

1,705 889 283 1,288 -7 -112 313

1,908 1,035 278 1,556 0 -192 356

2,009 953 267 1,418 17 -165 631

2,272 1,156 373 1,686 12 -160 782

.. .. 399 .. 0 -373 802

202.4 209.5 10.2 8.6 43.4 22.0 4.5

177.5 153.7 5.0 6.6 68.8 20.4 3.1

159.3 82.2 4.4 13.9 61.9 24.0 3.0

85.3 44.5 3.2 12.3 48.4 41.3 2.9

82.1 44.6 2.6 11.3 44.8 41.9 2.7

122.9 58.3 2.1 16.7 38.2 53.9 5.3

128.5 65.4 2.7 27.6 33.8 52.7 5.6

.. .. .. 33.0 29.9 43.4 ..

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

6. Ratios

150

GUYANA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

1,129 1,125 1,080 600 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

675 675 654 381 0 10 273 21 0 3 0 0

781 779 758 448 0 10 311 21 0 4 2 0

885 885 864 502 0 9 363 21 0 4 0 0

1,054 1,054 1,034 552 0 10 482 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

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

138 138 138 56 0 0 82 0 0 0 0 0

105 105 105 69 0 0 35 0 0 0 0 0

123 123 123 64 0 0 58 0 0 0 0 0

188 188 188 61 0 1 127 0 0 0 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

8 8 8 6 0 0 2 0 0 0 0 0

16 16 16 8 0 0 8 0 0 0 0 0

20 20 20 9 0 0 11 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

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

13 13 13 9 0 0 4 0 0 0 0 0

-49 21

-149 76

-74 197

-405 9

92 122

321 195

313 314

360 355

0 14 0

79 175 0

0 298 0

0 429 0

0 13 0

0 0 0

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

2012

2013

2014

2015

2016

2017

2018

2019

27 15

32 15

39 16

45 16

49 15

54 14

56 13

52 12

0 0

Notes: Long-term private nonguaranteed debt data for 2011 are World Bank staff estimates. Data include the effects of HIPC and MDRI debt relief.

151

HAITI (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

1203.4 1055.9 1055.9 0.0 57.2 90.3 1.0

1346.8 1277.9 1277.9 0.0 41.3 27.7 14.7

1524.9 1346.1 1346.1 0.0 52.7 126.0 18.0

1601.4 1524.6 1524.6 0.0 76.9 0.0 0.0

1972.2 1846.1 1846.1 0.0 126.1 0.0 0.0

1448.3 1157.6 1157.6 0.0 290.7 0.0 0.0

985.1 850.1 850.1 0.0 134.9 0.1 0.1

782.9 634.7 634.7 0.0 148.2 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

2.4 1055.9 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 1157.6 0.0 113.9

0.4 850.1 0.0 233.1

0.0 634.7 0.0 326.6

External debt flows Disbursements Long-term external debt IMF purchases

50.8 50.8 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

408.3 283.6 124.8

352.8 340.3 12.5

Principal repayments Long-term external debt IMF repurchases

24.8 19.1 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

2.2 2.2 0.0

Net flows Long-term external debt Short-term external debt

20.1 31.6 -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

285.9 161.1 0.0

350.6 338.1 0.0

Interest payments Long-term external debt IMF charges Short-term external debt

21.6 15.0 2.0 4.6

19.6 17.3 1.1 1.2

22.2 17.1 2.1 3.1

26.7 22.3 1.4 3.0

23.7 23.3 0.5 0.0

15.4 14.6 0.9 0.0

8.8 8.0 0.8 0.0

3.0 2.9 0.1 0.0

13.3 ..

26.0 ..

160.6 ..

74.5 ..

29.8 ..

38.0 ..

150.0 ..

181.0 ..

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 81.1

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

4.0 0.0 0.0 0.0 87.3

3.6 0.0 0.0 0.0 88.6

0.0 0.0 0.0 0.0 89.8

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

1.3 25.0 3.3

1.0 25.0 3.0

0.0 0.0 0.0

.. 503.7 578.0 1377.9 .. -114.2 182.1

4227.9 600.6 986.2 1887.9 .. 7.0 133.1

4236.0 704.1 1062.9 2153.7 .. -85.1 253.1

6126.1 801.5 1222.1 2407.3 .. -85.1 452.0

6429.0 857.8 1369.8 2876.6 .. -292.4 541.4

6491.3 957.6 1375.5 2822.6 .. -226.7 788.6

6732.0 832.0 1473.8 4094.4 .. -165.6 1335.0

7387.1 1073.5 1571.3 4219.4 .. -310.1 1194.7

238.9 .. 9.2 7.5 76.4 15.1 1.6

224.3 31.9 9.6 2.1 79.9 9.9 0.8

216.6 36.0 8.6 8.3 75.0 16.6 1.4

199.8 26.1 10.4 .. 77.9 28.2 2.3

229.9 30.7 6.8 .. 67.4 27.5 2.3

151.2 22.3 4.7 .. 35.9 54.4 3.4

118.4 14.6 15.8 0.0 56.5 135.5 3.9

72.9 10.6 0.5 .. 9.8 152.6 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

6. Ratios

152

HAITI (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

1055.9 1055.9 1055.9 919.5 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

1157.6 1157.6 1157.6 519.8 0.0 38.5 637.8 0.0 0.0 0.0 0.0 0.0

850.1 850.1 850.1 557.0 0.0 0.0 293.1 0.0 0.0 0.0 0.0 0.0

634.7 634.7 634.7 76.9 0.0 0.0 557.8 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

50.8 50.8 50.8 50.7 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

283.6 283.6 283.6 83.5 0.0 0.0 200.1 0.0 0.0 0.0 0.0 0.0

340.3 340.3 340.3 9.7 0.0 0.0 330.6 0.0 0.0 0.0 0.0 0.0

19.1 19.1 19.1 15.3 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

2.2 2.2 2.2 2.2 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

15.0 15.0 15.0 9.7 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

2.9 2.9 2.9 0.3 0.0 0.0 2.5 0.0 0.0 0.0 0.0 0.0

-18.3 20.1

15.7 20.6

178.0 155.2

76.6 -13.6

370.8 372.0

-523.9 242.9

-463.2 285.9

-202.2 350.6

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

3.3 743.9 0.0

4.9 553.7 0.0

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

2012

2013

2014

2015

2016

2017

2018

2019

5.2 8.7

14.4 9.5

25.6 9.6

31.9 9.5

34.8 9.3

36.1 8.9

37.0 8.5

37.0 8.0

0.0 0.0

Notes: Data include the effects of Paris Club restructuring agreements signed in 2006 and 2009 and HIPC and MDRI debt relief.

153

HONDURAS (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

5,478 4,863 4,303 560 241 374 35

5,170 4,654 4,145 509 195 321 12

4,019 3,674 3,039 635 59 286 5

3,000 2,621 1,997 624 62 317 5

3,489 2,963 2,306 657 61 466 3

3,805 3,330 2,450 880 226 249 10

4,340 3,745 2,803 942 220 374 11

4,642 4,160 3,180 980 215 268 6

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

72 4,283 580 174

47 4,145 509 369

25 3,039 635 190

22 1,997 624 269

32 2,306 657 545

30 2,450 880 257

37 2,803 942 895

8 3,180 980 502

External debt flows Disbursements Long-term external debt IMF purchases

368 347 21

496 481 15

357 342 15

385 385 0

649 649 0

703 703 0

873 873 0

1,446 1,446 0

Principal repayments Long-term external debt IMF repurchases

264 259 5

280 265 15

203 203 0

234 234 0

277 277 0

341 341 0

453 452 2

926 922 5

Net flows Long-term external debt Short-term external debt

42 88 -63

155 216 -61

125 139 -29

182 151 31

523 372 151

139 362 -223

543 421 124

418 525 -102

Interest payments Long-term external debt IMF charges Short-term external debt

133 108 5 20

102 83 2 17

123 102 1 19

100 81 1 18

93 77 0 16

75 68 1 7

64 60 1 4

81 77 0 4

382 ..

601 ..

718 ..

967 ..

1,046 ..

489 ..

792 ..

1,043 ..

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

.. 7.8 0.4 0.9 64.9

5.7 0.5 0.0 0.1 72.4

4.9 0.0 0.0 0.2 65.7

8.8 0.0 0.0 0.1 68.0

9.3 0.0 0.0 0.1 69.1

10.0 0.0 0.0 0.1 69.0

8.3 0.0 0.0 0.1 73.3

7.2 0.0 0.0 0.1 76.2

1.5 39.7 10.2

1.3 26.3 9.3

1.5 30.1 8.7

1.8 27.0 8.5

2.8 24.5 5.4

3.4 26.7 5.5

2.6 23.0 5.3

1.4 24.3 3.9

3.8 7.2 3.0

1.7 50.0 10.5

0.0 0.0 0.0

0.8 18.2 18.2

1.0 18.4 4.9

0.0 16.1 0.0

6,951 4,001 484 5,047 160 -508 1,313

9,255 3,817 1,805 6,016 479 -304 2,327

10,341 4,135 2,337 6,990 621 -404 2,628

11,920 4,641 2,614 8,429 535 -1,116 2,528

13,315 5,220 2,821 9,981 488 -1,782 2,473

13,593 4,252 2,477 7,407 499 -515 2,086

14,746 4,928 2,603 8,644 567 -955 2,671

16,304 6,312 2,811 10,873 910 -1,503 2,750

136.9 78.8 9.9 6.8 50.7 24.0 3.1

135.5 55.9 10.0 6.2 61.7 45.0 4.6

97.2 38.9 7.9 7.1 57.0 65.4 4.5

64.6 25.2 7.2 10.6 42.6 84.3 3.6

66.8 26.2 7.1 13.3 41.2 70.9 3.0

89.5 28.0 9.8 6.5 40.0 54.8 3.4

88.1 29.4 10.5 8.6 43.7 61.5 3.7

73.6 28.5 16.0 5.8 50.3 59.2 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

6. Ratios

154

HONDURAS (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

4,863 4,303 4,201 2,778 151 838 1,423 102 0 46 560 0

4,654 4,145 4,090 3,191 0 1,353 899 55 0 44 509 0

3,674 3,039 2,986 2,290 0 349 696 53 0 43 635 0

2,621 1,997 1,959 1,278 0 401 680 39 0 28 624 0

2,963 2,306 2,269 1,437 0 449 833 37 0 26 657 0

3,330 2,450 2,363 1,521 0 502 842 87 50 26 880 0

3,745 2,803 2,719 1,896 0 602 823 84 50 23 942 0

4,160 3,180 3,099 2,333 0 732 766 81 50 20 980 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

347 163 159 121 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

1,446 552 552 499 0 135 53 0 0 0 894 0

259 93 91 88 27 2 3 1 0 1 166 0

265 139 138 123 70 8 15 1 0 1 126 0

203 91 88 50 0 3 38 3 0 1 112 0

234 105 103 38 0 0 65 2 0 1 130 0

277 54 53 34 0 0 19 1 0 1 223 0

341 107 106 35 0 0 72 1 0 1 234 0

452 62 61 47 0 0 15 1 0 1 390 0

922 65 63 45 0 2 18 2 0 2 856 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

108 77 76 67 15 6 9 0 0 0 31 0

83 64 63 50 3 10 13 0 0 0 20 0

102 65 65 46 0 6 19 0 0 0 37 0

81 53 53 35 0 3 18 0 0 0 28 0

77 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

77 59 58 46 0 5 12 0 0 0 19 0

35 42

-933 155

-1,152 125

-1,019 182

489 523

316 139

534 543

303 418

413 19 0

58 779 0

10 1,511 0

31 1,193 0

0 62 0

0 8 0

0 1 0

0 95 0

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

2012

2013

2014

2015

2016

2017

2018

2019

95 80

103 84

138 87

153 86

158 83

172 81

182 77

180 72

256 44

185 33

176 23

104 17

85 12

57 8

48 5

39 3

Notes: Data include the effects of HIPC and MDRI debt relief.

155

INDIA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

101,130 96,781 81,195 15,586 888 3,462 0

121,195 111,406 54,726 56,680 974 8,816 0

159,526 133,404 60,043 73,361 1,025 25,097 0

204,005 166,836 69,855 96,980 1,076 36,093 0

227,043 182,173 76,248 105,925 1,049 43,821 0

256,229 203,390 85,210 118,180 6,237 46,603 0

290,351 227,776 100,487 127,290 6,127 56,448 0

334,331 250,171 107,857 142,314 6,108 78,052 0

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

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 85,040 118,349 12,729

0 100,277 127,499 13,663

0 107,613 142,558 19,414

External debt flows Disbursements Long-term external debt IMF purchases

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

43,403 43,403 0

42,727 42,727 0

Principal repayments Long-term external debt IMF repurchases

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

19,014 19,014 0

22,138 22,138 0

Net flows Long-term external debt Short-term external debt

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

34,234 24,389 9,845

42,193 20,589 21,604

Interest payments Long-term external debt IMF charges Short-term external debt

4,232 4,007 40 185

4,539 4,196 29 314

4,989 4,524 42 424

7,307 5,488 37 1,782

7,287 5,716 9 1,563

5,532 4,939 14 579

5,392 4,672 20 700

7,039 6,192 7 841

3,584 2,481

7,269 12,151

20,029 9,509

25,228 32,863

43,406 -15,030

35,581 24,689

26,502 30,442

32,190 -4,137

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 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

4.0 20.0 1.3 0.1 69.7

3.6 19.6 1.1 0.2 70.5

5.6 23.7 6.5

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

1.0 25.2 5.0

4.2 5.0 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 3.5 2.5

2.3 6.5 3.6

2.8 7.5 5.8

469,716 62,453 12,883 80,489 0 -4,601 37,902

828,318 160,228 22,125 194,154 5,244 -10,284 131,924

941,772 201,515 28,334 239,531 7,738 -9,299 170,738

1,233,606 252,732 37,217 297,951 10,910 -8,076 266,988

1,216,938 320,713 49,977 400,437 11,989 -30,972 247,419

1,353,069 274,580 49,204 349,529 12,279 -26,186 265,182

1,667,007 359,585 53,480 463,969 15,344 -52,275 275,277

1,830,516 446,750 63,818 568,362 16,787 -60,038 271,285

161.9 21.5 17.5 3.4 30.1 37.5 5.7

75.6 14.6 14.9 7.3 25.9 108.9 8.2

79.2 16.9 8.6 15.7 21.6 107.0 8.6

80.7 16.5 15.6 17.7 18.2 130.9 10.8

70.8 18.7 9.7 19.3 17.4 109.0 7.4

93.3 18.9 6.0 18.2 16.5 103.5 9.1

80.7 17.4 6.8 19.4 16.0 94.8 7.1

74.8 18.3 6.5 23.3 14.6 81.1 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

6. Ratios

156

INDIA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

96,781 81,195 51,720 30,454 7,078 18,888 21,266 29,475 10,240 18,071 15,586 1,515

111,406 54,726 50,050 31,422 5,276 22,728 18,628 4,676 1,360 3,155 56,680 5,761

133,404 60,043 52,915 34,384 6,007 24,433 18,532 7,128 2,213 4,777 73,361 10,254

166,836 69,855 57,306 37,202 6,680 25,319 20,104 12,549 4,664 7,630 96,980 15,327

182,173 76,248 62,550 39,417 7,429 25,365 23,133 13,698 4,520 8,889 105,925 14,732

203,390 85,210 65,883 42,335 8,382 26,050 23,548 19,327 9,521 9,545 118,180 15,326

227,776 100,487 72,653 46,519 11,180 25,888 26,134 27,833 14,700 12,863 127,290 13,217

250,171 107,857 75,711 48,841 11,524 26,605 26,870 32,147 16,517 15,375 142,314 10,861

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

10,556 10,256 3,270 2,358 706 1,054 912 6,986 5,520 867 300 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

43,403 24,335 8,554 6,237 3,334 1,067 2,317 15,781 11,050 4,731 19,069 1,288

42,727 13,520 6,507 4,303 983 1,700 2,204 7,012 2,028 4,984 29,207 737

6,702 6,454 3,493 1,740 994 367 1,754 2,960 0 2,737 249 35

19,384 12,469 2,700 948 210 607 1,751 9,770 8,457 1,182 6,914 117

12,412 4,796 2,599 1,150 259 653 1,448 2,197 1,597 578 7,617 57

32,097 8,842 2,391 1,197 346 700 1,194 6,451 5,313 1,120 23,255 409

23,685 13,447 3,000 1,344 390 764 1,656 10,448 9,468 960 10,238 880

10,985 5,331 2,916 1,473 455 799 1,444 2,415 588 1,803 5,654 1,679

19,014 5,160 3,154 1,658 539 835 1,497 2,006 148 1,838 13,854 1,851

22,138 6,734 3,876 1,881 641 893 1,996 2,857 200 2,631 15,405 2,847

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

4,007 3,378 1,436 835 428 139 602 1,941 143 1,736 630 224

4,196 3,022 1,062 456 159 187 605 1,960 1,799 152 1,174 141

4,524 1,291 1,077 646 280 185 430 214 40 169 3,233 217

5,488 1,450 1,173 780 356 189 393 277 41 230 4,038 330

5,716 1,522 1,162 745 313 201 417 360 61 293 4,194 278

4,939 1,319 1,009 557 213 186 451 310 60 244 3,620 290

4,672 1,060 795 361 86 189 434 265 39 221 3,612 421

6,192 1,196 862 389 100 208 473 334 51 278 4,996 848

1,067 3,358

-2,449 1,949

38,330 36,312

44,479 43,395

23,038 22,734

29,186 18,427

34,122 34,234

43,980 42,193

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

2012

2013

2014

2015

2016

2017

2018

2019

5,540 1,166

5,895 1,150

6,153 1,105

6,235 1,054

6,449 993

6,501 919

6,357 835

6,222 747

21,573 7,427

19,554 6,637

19,743 5,879

16,416 5,110

17,297 4,365

13,847 3,639

12,163 3,001

10,374 2,448

Notes: External debt data prior to 2003 are revised from fiscal year to calendar year. Long-term public and publicly guaranteed bonds include Foreign Institutional Investor debt (FII) as reported by the Reserve Bank of India. Long-term private nonguaranteed debt data are reported by the country. 157

INDONESIA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

143,655 110,818 69,649 41,169 11,149 21,688 4,632

141,820 122,649 77,405 45,244 8,148 11,023 0

135,959 123,392 76,625 46,766 359 12,208 0

147,854 128,821 80,315 48,507 378 18,655 0

157,906 137,050 87,753 49,297 368 20,488 0

179,394 152,240 97,447 54,793 3,105 24,050 0

195,172 159,075 100,292 58,783 3,050 33,047 0

213,541 172,327 102,552 69,775 3,041 38,173 0

3,000 69,649 41,169 2,221

148 77,405 45,244 4,561

0 76,625 46,766 4,727

0 80,315 48,507 5,880

0 87,753 49,297 9,720

0 97,447 54,793 14,862

0 100,292 58,783 7,985

0 102,552 69,775 6,643

External debt flows Disbursements Long-term external debt IMF purchases

6,774 5,651 1,123

13,881 13,881 0

18,472 18,472 0

18,272 18,272 0

22,932 22,932 0

31,425 31,425 0

31,240 31,240 0

36,699 36,699 0

Principal repayments Long-term external debt IMF repurchases

9,268 9,268 0

16,891 15,746 1,145

24,463 16,426 8,037

18,811 18,811 0

16,704 16,704 0

20,432 20,432 0

23,975 23,975 0

25,115 25,115 0

Net flows Long-term external debt Short-term external debt

-1,967 -3,617 527

-6,611 -1,865 -3,602

-4,806 2,046 1,186

5,908 -539 6,447

8,061 6,229 1,833

14,554 10,993 3,561

16,263 7,265 8,998

16,710 11,584 5,126

Interest payments Long-term external debt IMF charges Short-term external debt

7,370 5,673 540 1,157

3,367 2,933 323 111

3,856 3,416 307 134

5,150 4,996 13 141

4,674 4,461 3 210

4,466 4,301 7 159

5,367 4,944 10 414

6,126 5,749 3 373

-4,550 -1,021

8,336 -165

4,914 1,898

6,928 3,559

9,318 322

4,877 787

13,771 2,132

18,160 -326

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

.. 33.1 1.2 0.6 50.3

12.8 32.3 2.1 0.6 43.6

13.3 31.2 1.8 0.5 40.8

13.1 30.0 1.6 0.5 40.1

10.5 33.2 1.0 0.4 41.4

8.8 28.6 0.9 0.3 45.6

7.2 31.5 0.7 0.3 47.0

6.3 31.3 0.6 0.3 48.5

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

0.9 23.7 7.5

6.6 7.7 4.4

6.9 14.6 12.8

7.2 20.9 18.3

6.4 27.4 26.6

6.9 18.0 17.4

9.6 8.0 7.7

4.5 9.8 9.1

4.5 9.1 8.9

150,317 73,079 1,190 66,903 3,574 7,992 28,502

271,958 97,017 5,420 101,533 9,525 278 33,140

349,038 112,422 5,722 106,426 9,637 10,859 41,103

414,441 127,333 6,174 121,945 10,813 10,493 54,976

492,112 151,202 6,794 156,440 10,675 125 49,597

520,694 128,415 6,793 122,364 8,848 10,628 63,563

688,119 168,687 6,916 168,173 12,844 5,144 92,908

822,696 215,433 6,924 217,575 17,122 2,070 106,539

196.6 95.6 22.8 15.1 13.9 19.8 5.1

146.2 52.1 20.9 7.8 13.1 23.4 3.9

120.9 39.0 25.2 9.0 13.4 30.2 4.6

116.1 35.7 18.8 12.6 12.6 37.2 5.4

104.4 32.1 14.1 13.0 12.6 31.4 3.8

139.7 34.5 19.4 13.4 11.7 35.4 6.2

115.7 28.4 17.4 16.9 11.6 47.6 6.6

99.1 26.0 14.5 17.9 10.7 49.9 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

6. Ratios

158

INDONESIA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

110,818 69,649 54,883 19,904 11,715 714 34,979 14,766 971 10,489 41,169 6,337

122,649 77,405 59,945 18,514 8,132 1,001 41,431 17,460 7,192 8,062 45,244 7,858

123,392 76,625 58,422 18,246 7,423 1,318 40,176 18,203 11,246 5,090 46,766 8,166

128,821 80,315 58,720 18,611 6,821 1,550 40,109 21,595 14,668 5,168 48,507 6,791

137,050 87,753 63,184 19,962 6,968 2,006 43,222 24,569 18,451 4,640 49,297 6,592

152,240 97,447 63,259 21,052 7,876 2,234 42,207 34,188 25,833 5,810 54,793 7,856

159,075 100,292 66,487 22,567 9,054 2,313 43,920 33,805 26,252 5,313 58,783 7,786

172,327 102,552 66,481 22,842 9,717 2,277 43,639 36,071 29,288 4,800 69,775 14,268

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

5,651 3,301 3,038 1,750 1,051 59 1,288 263 0 258 2,350 350

13,881 5,015 2,581 1,667 585 67 914 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

18,272 6,031 3,756 2,134 767 219 1,622 2,275 1,425 552 12,240 486

22,932 9,065 4,602 2,842 1,398 494 1,761 4,463 4,080 378 13,867 368

31,425 12,729 6,142 3,020 2,044 244 3,122 6,587 3,893 1,656 18,695 1,808

31,240 11,250 6,587 3,186 2,078 142 3,401 4,663 2,545 1,185 19,990 195

36,699 6,974 3,731 1,987 1,322 33 1,744 3,244 2,980 262 29,724 410

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

16,704 6,482 5,729 1,920 1,252 27 3,809 753 0 594 10,221 261

20,432 7,063 6,134 1,910 1,135 31 4,224 929 0 767 13,368 588

23,975 5,846 5,214 1,819 900 32 3,395 632 0 476 18,129 411

25,115 6,083 5,105 1,781 659 63 3,323 978 0 725 19,032 1,771

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

5,673 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 1,071 1,448 1,225 148 1,910 81

5,749 3,697 1,491 468 267 18 1,024 2,206 1,883 202 2,052 1,150

-8,133 -1,967

4,332 -6,611

-5,861 -4,806

11,895 5,908

10,052 8,061

21,488 14,554

15,778 16,263

18,369 16,710

2,461 0 0

2,608 0 0

0 92 0

0 0 0

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

2012

2013

2014

2015

2016

2017

2018

2019

5,941 1,408

6,181 1,274

5,866 1,123

5,582 979

5,152 846

4,670 730

4,529 628

4,502 532

17,843 5,880

12,141 5,068

13,896 4,320

9,232 3,652

6,828 3,176

6,740 2,742

6,299 2,252

6,734 1,929

Notes: 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.

159

IRAN, ISLAMIC REPUBLIC OF (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

8,024 4,709 4,709 0 308 3,008 0

21,559 10,521 10,521 0 352 10,686 0

20,597 11,128 11,128 0 369 9,100 0

21,466 11,174 11,174 0 401 9,891 0

15,743 8,779 8,779 0 365 6,599 0

18,265 7,313 7,313 0 2,165 8,787 0

20,041 6,167 6,167 0 2,261 11,613 0

19,113 4,859 4,859 0 2,209 12,045 0

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

0 4,689 20 2,813

0 10,512 10 1,992

0 11,121 7 797

0 11,168 6 0

0 8,776 3 35

0 7,303 9 44

0 6,154 13 21

40 4,851 8 2

External debt flows Disbursements Long-term external debt IMF purchases

1,469 1,469 0

2,751 2,751 0

1,724 1,724 0

1,142 1,142 0

787 787 0

400 400 0

244 244 0

216 216 0

Principal repayments Long-term external debt IMF repurchases

2,345 2,345 0

1,734 1,734 0

1,718 1,718 0

2,009 2,009 0

2,134 2,134 0

2,050 2,050 0

1,544 1,544 0

1,354 1,354 0

Net flows Long-term external debt Short-term external debt

-1,485 -876 -609

1,450 1,017 433

-1,580 6 -1,586

-76 -867 791

-4,639 -1,347 -3,292

539 -1,649 2,188

1,526 -1,300 2,826

-705 -1,137 432

Interest payments Long-term external debt IMF charges Short-term external debt

585 391 14 180

1,058 419 10 628

1,152 509 15 628

935 572 13 350

683 499 3 181

379 274 5 99

277 137 7 133

284 108 2 174

39 ..

3,136 ..

1,647 ..

2,005 ..

1,909 ..

3,048 ..

3,648 ..

4,150 ..

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

.. 9.4 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

56.6 7.4 0.0 2.7 33.1

56.1 7.7 0.0 2.5 33.5

55.4 7.8 0.0 2.4 34.2

52.6 7.1 0.0 2.3 38.0

4.9 13.6 4.4

4.4 15.0 4.4

5.9 11.8 3.8

0.0 0.0 0.0

3.9 6.5 2.4

0.0 0.0 0.0

6.6 10.9 2.9

4.9 10.2 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

7.8 7.6 0.8

101,335 30,131 536 18,107 .. 12,481 ..

188,503 .. 1,032 .. .. .. ..

219,296 .. 1,032 .. .. .. ..

283,000 .. 1,115 .. .. .. ..

335,654 .. 1,115 .. .. .. ..

328,593 .. 1,072 .. .. .. ..

.. .. 1,181 .. .. .. ..

.. .. 1,330 .. .. .. ..

26.6 7.9 9.7 37.5 6.3 .. ..

.. 11.4 .. 49.6 1.8 .. ..

.. 9.4 .. 44.2 2.7 .. ..

.. 7.6 .. 46.1 3.3 .. ..

.. 4.7 .. 41.9 4.8 .. ..

.. 5.6 .. 48.1 4.7 .. ..

.. .. .. 57.9 4.1 .. ..

.. .. .. 63.0 4.0 .. ..

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

6. Ratios

160

IRAN, ISLAMIC REPUBLIC OF (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

8,779 8,779 2,385 761 761 0 1,624 6,394 0 3,669 0 0

7,313 7,313 2,266 854 836 0 1,412 5,047 0 2,931 0 0

6,167 6,167 2,019 830 801 0 1,189 4,147 0 2,485 0 0

4,859 4,859 1,636 758 739 0 878 3,223 0 2,052 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

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

787 787 289 144 144 0 145 498 0 420 0 0

400 400 223 178 159 0 46 177 0 149 0 0

244 244 100 85 72 0 15 144 0 131 0 0

216 216 31 31 31 0 0 186 0 173 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

2,134 2,134 328 66 66 0 262 1,806 0 1,026 0 0

2,050 2,050 379 84 84 0 295 1,670 0 966 0 0

1,544 1,544 320 11 8 0 309 1,224 0 672 0 0

1,354 1,354 419 101 93 0 318 935 0 502 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

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

499 499 89 25 25 0 64 410 0 235 0 0

274 274 73 15 15 0 57 202 0 119 0 0

137 137 53 8 8 0 45 84 0 48 0 0

108 108 46 8 8 0 38 62 0 36 0 0

-1,650 -1,485

935 1,450

-962 -1,580

869 -76

-5,723 -4,639

2,522 539

1,776 1,526

-927 -705

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

2012

2013

2014

2015

2016

2017

2018

2019

507 33

288 24

241 17

170 12

153 9

112 6

90 4

78 3

1,440 48

860 28

505 15

311 7

158 2

46 0

7 0

0 0

Notes: Fiscal year-end for external debt data is March. Short-term debt is based on Central Bank data.

161

JAMAICA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

4,789 3,883 3,780 103 113 793 150

6,602 5,927 5,537 390 58 617 225

8,138 6,974 6,163 811 61 1,103 261

10,514 8,911 6,738 2,173 64 1,539 284

10,429 9,103 6,939 2,164 63 1,263 267

11,122 9,958 6,718 3,241 410 754 229

14,193 11,911 7,604 4,307 1,188 1,094 219

14,350 12,109 7,766 4,343 1,234 1,008 217

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

131 3,778 104 1,066

146 5,536 391 1,123

219 6,161 813 916

157 6,737 2,174 809

146 6,938 2,165 760

176 6,716 3,242 989

153 7,603 4,308 1,346

154 7,765 4,344 949

External debt flows Disbursements Long-term external debt IMF purchases

904 904 0

1,351 1,351 0

1,225 1,225 0

2,409 2,409 0

709 709 0

1,547 1,547 0

3,138 2,360 778

1,256 1,206 50

Principal repayments Long-term external debt IMF repurchases

444 424 19

551 550 1

316 316 0

594 594 0

468 468 0

730 730 0

344 344 0

723 723 0

Net flows Long-term external debt Short-term external debt

440 480 -21

321 801 -479

1,359 909 450

2,228 1,815 413

-18 241 -259

346 817 -471

3,144 2,016 350

449 483 -84

Interest payments Long-term external debt IMF charges Short-term external debt

264 208 6 49

421 387 2 32

515 474 2 39

720 658 2 60

702 674 1 27

757 747 1 10

845 828 8 9

926 900 13 13

468 0

638 0

842 0

812 0

1,377 0

485 0

186 0

242 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

.. 7.1 2.0 0.0 61.5

18.0 3.4 1.5 0.0 70.0

20.5 2.8 1.4 0.0 69.9

22.2 2.4 1.2 0.0 69.8

20.2 2.7 0.5 0.0 72.7

17.3 2.5 0.6 0.0 76.3

14.8 2.5 0.5 0.0 79.5

10.3 2.2 0.4 0.0 84.3

6.1 19.8 5.4

4.1 22.0 5.7

1.7 17.5 15.8

3.2 19.8 5.1

4.1 23.3 5.7

3.7 16.5 4.2

1.4 20.4 5.2

0.8 19.8 7.0

11.0 6.0 4.2

8.2 12.8 10.6

7.9 20.4 15.2

7.7 27.2 23.0

7.5 10.8 8.2

2.9 11.2 1.4

0.0 0.0 0.0

8.6 11.8 10.7

8,662 3,782 892 4,970 290 -367 1,054

10,595 4,322 1,762 6,972 454 -1,071 2,170

11,678 5,161 1,924 8,092 376 -1,183 2,318

12,530 5,590 2,122 9,668 533 -2,038 1,879

12,841 6,027 2,157 10,970 376 -2,793 1,773

11,822 4,273 1,889 7,259 232 -1,128 2,076

13,342 4,248 2,026 7,192 127 -934 2,501

14,519 4,513 2,158 8,624 0 -2,069 2,282

126.6 55.3 18.7 16.6 25.7 22.0 2.5

152.8 62.3 22.5 9.3 20.2 32.9 3.7

157.7 69.7 16.1 13.6 16.0 28.5 3.4

188.1 83.9 23.5 14.6 12.0 17.9 2.3

173.0 81.2 19.4 12.1 12.8 17.0 1.9

260.3 94.1 34.8 6.8 13.7 18.7 3.4

334.1 106.4 28.0 7.7 16.6 17.6 4.2

318.0 98.8 36.5 7.0 17.6 15.9 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

6. Ratios

162

JAMAICA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

3,883 3,780 2,461 1,230 415 0 1,231 1,320 1,004 265 103 0

5,927 5,537 2,131 1,336 410 0 795 3,406 3,043 323 390 300

6,974 6,163 2,169 1,300 387 0 868 3,994 3,568 391 811 730

8,911 6,738 2,277 1,262 360 0 1,014 4,462 4,050 367 2,173 2,130

9,103 6,939 2,301 1,338 327 0 963 4,638 4,218 384 2,164 2,130

9,958 6,718 2,417 1,522 398 0 895 4,301 3,890 369 3,241 3,215

11,911 7,604 3,267 2,350 579 0 917 4,337 3,786 508 4,307 4,290

12,109 7,766 3,223 2,521 669 0 702 4,543 4,027 479 4,343 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

904 904 311 255 98 0 57 593 553 24 0 0

1,351 1,044 91 67 17 0 24 953 875 76 307 300

1,225 795 243 82 18 0 161 552 450 97 430 430

2,409 1,009 284 93 19 0 192 725 625 83 1,400 1,400

709 709 281 219 13 0 62 428 350 78 0 0

1,547 462 358 336 120 0 22 104 0 94 1,085 1,085

2,360 1,285 1,075 971 222 0 104 210 0 198 1,075 1,075

1,206 1,168 416 300 126 0 116 753 694 57 37 0

424 361 274 123 60 0 151 87 13 47 64 55

550 542 232 119 39 0 113 310 256 44 9 0

316 307 249 137 43 0 112 58 0 44 9 0

594 571 247 155 48 0 92 325 229 86 22 0

468 460 263 148 47 0 116 196 138 51 9 0

730 721 257 153 49 0 103 465 345 114 9 0

344 335 211 136 41 0 75 124 68 49 9 0

723 721 194 124 36 0 70 527 438 81 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

208 195 120 65 22 0 55 75 50 18 13 2

387 362 84 63 19 0 21 277 265 11 26 21

474 423 91 67 22 0 24 332 325 6 51 45

658 473 91 69 22 0 22 382 373 8 185 181

674 481 81 62 19 0 19 400 392 7 193 191

747 522 96 59 15 0 37 426 404 21 225 224

828 488 100 51 12 0 49 388 375 12 341 340

900 492 109 61 11 0 48 383 369 14 408 406

794 440

78 321

1,536 1,359

2,376 2,228

-85 -18

693 346

3,071 3,144

157 449

0 4 0

0 2 0

0 3 0

0 2 0

0 6 0

0 0 0

0 5 0

0 285 0

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

2012

2013

2014

2015

2016

2017

2018

2019

241 71

228 67

187 63

237 59

268 54

264 49

249 43

225 38

838 777

227 705

906 648

1,941 524

262 432

1,559 352

1,097 231

309 167

Notes: Short-term debt is based on data from the BIS.

163

JORDAN (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

11,063 6,183 6,183 0 484 4,396 102

12,904 6,901 6,878 24 260 5,742 0

13,982 7,198 7,143 55 184 6,600 1

14,991 7,433 7,321 112 114 7,444 0

13,969 5,319 5,126 193 54 8,596 0

14,427 5,643 5,445 198 266 8,518 0

16,737 7,041 6,518 522 257 9,439 1

17,634 7,496 6,349 1,147 257 9,881 1

281 6,148 35 384

17 6,790 111 337

36 7,000 197 159

34 7,172 262 220

34 4,978 341 427

17 5,306 337 915

17 6,385 656 1,226

19 6,223 1,273 126

External debt flows Disbursements Long-term external debt IMF purchases

196 176 20

434 434 0

327 327 0

272 272 0

330 330 0

787 787 0

1,539 1,539 0

575 575 0

Principal repayments Long-term external debt IMF repurchases

340 308 31

443 366 77

459 371 88

511 435 76

2,489 2,430 59

441 425 16

502 499 4

581 581 0

Net flows Long-term external debt Short-term external debt

3,371 -132 3,515

325 68 335

725 -44 858

605 -163 844

-1,007 -2,100 1,152

268 362 -78

1,957 1,041 920

437 -6 443

Interest payments Long-term external debt IMF charges Short-term external debt

504 239 25 240

443 161 11 271

578 198 11 368

619 231 8 379

385 207 3 175

281 155 1 125

277 162 1 114

351 190 0 161

913 -17

1,984 169

3,544 144

2,622 346

2,827 521

2,413 -30

1,651 -20

1,469 109

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

.. 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 37.3

9.0 22.1 0.0 0.2 37.7

4.8 19.7 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 13.5 4.0

1.6 9.3 3.8

0.0 0.0 0.0

0.2 34.3 11.3

0.0 0.0 0.0

3.9 5.0 4.9

0.0 0.0 0.0

8,564 4,207 1,845 6,363 33 27 3,331

12,925 7,426 2,500 12,314 74 -2,272 5,250

15,510 9,144 2,883 13,810 130 -1,726 6,722

17,794 10,684 3,434 16,421 160 -2,875 7,542

22,667 13,751 3,794 19,869 256 -2,054 8,562

24,327 12,022 3,597 17,044 313 -1,244 11,689

26,334 13,639 3,641 19,344 814 -1,882 13,057

28,660 13,897 3,453 21,648 713 -2,885 11,467

263.0 129.2 20.1 39.7 15.4 30.1 6.3

173.8 99.8 11.9 44.5 14.8 40.7 5.1

152.9 90.1 11.3 47.2 14.0 48.1 5.8

140.3 84.2 10.6 49.7 13.2 50.3 5.5

101.6 61.6 20.9 61.5 14.0 61.3 5.2

120.0 59.3 6.0 59.0 16.4 81.0 8.2

122.7 63.6 5.7 56.4 15.1 78.0 8.1

126.9 61.5 6.7 56.0 13.6 65.0 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

6. Ratios

164

JORDAN (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

6,183 6,183 5,243 1,706 798 57 3,537 940 583 1 0 0

6,901 6,878 6,483 1,905 925 45 4,578 395 145 0 24 0

7,198 7,143 6,757 1,961 897 42 4,796 386 145 0 55 0

7,433 7,321 6,951 1,986 868 39 4,965 371 145 0 112 0

5,319 5,126 4,815 1,956 835 37 2,859 311 145 6 193 0

5,643 5,445 5,137 2,361 1,074 34 2,776 308 145 12 198 0

7,041 6,518 5,454 2,528 1,008 32 2,926 1,065 895 24 522 0

7,496 6,349 5,294 2,398 927 29 2,895 1,055 895 23 1,147 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

176 176 176 80 38 0 96 0 0 0 0 0

434 434 269 161 48 0 108 165 145 0 0 0

327 277 277 194 43 0 83 0 0 0 50 0

272 190 190 133 39 0 57 0 0 0 82 0

330 230 224 158 41 0 67 6 0 6 100 0

787 762 756 630 335 0 126 6 0 6 25 0

1,539 1,389 627 429 33 0 198 762 750 12 150 0

575 325 325 192 25 0 133 0 0 0 250 0

308 308 238 124 53 3 114 70 10 19 0 0

366 341 323 170 73 3 153 19 10 0 25 0

371 353 342 168 78 3 173 11 0 0 19 0

435 409 394 174 78 3 220 16 0 0 25 0

2,430 2,412 2,341 185 86 3 2,156 71 0 0 19 0

425 405 396 202 95 3 194 9 0 0 20 0

499 473 463 275 101 3 188 10 0 0 26 0

581 556 545 327 107 3 218 12 0 0 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

239 239 162 91 53 0 71 77 43 1 0 0

161 160 157 76 33 0 81 4 0 0 1 0

198 196 182 90 45 0 92 14 9 0 2 0

231 227 212 97 50 0 116 15 9 0 4 0

207 200 185 88 38 0 97 15 9 0 7 0

155 147 134 77 28 0 57 12 9 0 8 0

162 147 124 68 14 0 57 22 19 0 15 0

190 170 129 69 12 0 60 41 39 0 20 0

2,956 3,371

-144 325

1,078 725

1,009 605

-1,022 -1,007

458 268

2,310 1,957

897 437

194 63 85

220 0 0

208 0 0

196 0 0

0 246 2,038

0 0 0

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

2012

2013

2014

2015

2016

2017

2018

2019

668 135

545 122

513 110

485 97

432 85

406 75

392 66

355 56

338 91

232 77

204 65

874 58

102 24

81 19

71 16

206 13

Notes: Long-term private nonguaranteed debt data are revised from 2001 based on reports provided by the country. Short-term debt is based on data from the BIS.

165

KAZAKHSTAN (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

12,890 11,481 3,623 7,859 448 961 0

43,906 35,263 2,177 33,087 491 8,151 0

72,857 61,467 2,136 59,331 517 10,873 0

96,298 84,159 1,698 82,462 543 11,596 0

106,755 96,715 1,915 94,800 529 9,511 0

112,027 102,210 2,487 99,724 539 9,277 0

119,190 109,751 3,845 105,905 529 8,910 0

124,437 114,977 4,675 110,301 528 8,933 0

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

0 3,619 7,862 688

0 2,157 33,106 159

0 2,130 59,337 30

0 1,698 82,462 0

0 1,915 94,800 174

0 2,487 99,724 3,550

0 3,845 105,905 1,340

0 4,675 110,301 565

External debt flows Disbursements Long-term external debt IMF purchases

3,063 3,063 0

17,207 17,207 0

37,888 37,888 0

44,651 44,651 0

40,803 40,803 0

30,471 30,471 0

45,054 45,054 0

32,740 32,740 0

Principal repayments Long-term external debt IMF repurchases

2,597 2,155 442

11,417 11,417 0

12,139 12,139 0

23,571 23,571 0

29,011 29,011 0

20,032 20,032 0

34,639 34,639 0

26,639 26,639 0

Net flows Long-term external debt Short-term external debt

1,061 908 595

9,999 5,790 4,209

28,471 25,749 2,722

21,803 21,080 722

9,706 11,792 -2,085

10,205 10,438 -233

10,048 10,415 -367

6,124 6,101 23

Interest payments Long-term external debt IMF charges Short-term external debt

795 713 31 51

1,741 1,521 15 204

2,319 1,948 21 350

3,586 3,531 18 38

4,384 4,105 4 274

5,670 5,365 1 304

4,835 4,517 2 316

6,222 5,921 1 301

1,283 19

2,546 150

7,611 2,789

11,973 828

16,819 -1,280

14,276 38

6,632 132

13,227 39

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

.. 13.8 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 24.6 0.0 0.0 73.1

0.6 20.4 0.0 0.0 77.8

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

0.8 18.5 4.4

11.0 6.0 5.6

0.0 0.0 0.0

17,038 10,480 122 10,362 1,046 366 1,594

51,757 31,209 62 31,852 4,633 -1,056 6,084

71,551 43,011 84 43,803 7,694 -1,999 17,751

91,896 55,379 143 61,541 11,305 -8,322 15,777

114,115 79,637 126 72,327 16,956 6,326 17,871

102,686 50,660 198 54,051 10,415 -4,114 20,720

129,728 67,659 226 64,770 16,508 2,409 25,223

159,714 94,921 180 80,555 23,548 14,110 25,179

123.0 75.7 32.4 7.5 11.5 12.4 1.8

140.7 84.8 42.2 18.6 2.0 13.9 2.3

169.4 101.8 33.6 14.9 1.1 24.4 4.9

173.9 104.8 49.0 12.0 0.7 16.4 3.1

134.1 93.5 41.9 8.9 0.7 16.7 3.0

221.1 109.1 50.7 8.3 1.2 18.5 4.6

176.2 91.9 58.3 7.5 2.3 21.2 4.7

131.1 77.9 34.6 7.2 2.9 20.2 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

6. Ratios

166

KAZAKHSTAN (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

11,481 3,623 2,239 1,482 1,057 0 757 1,384 1,000 263 7,859 100

35,263 2,177 1,780 869 599 0 911 396 350 46 33,087 7,550

61,467 2,136 1,762 823 502 0 939 374 350 24 59,331 13,814

84,159 1,698 1,684 711 427 0 973 13 0 13 82,462 24,623

96,715 1,915 1,912 748 463 0 1,164 3 0 3 94,800 24,125

102,210 2,487 2,486 1,349 547 0 1,137 1 0 1 99,724 22,097

109,751 3,845 3,845 2,785 1,830 0 1,060 0 0 0 105,905 21,044

114,977 4,675 4,675 3,627 2,308 0 1,048 0 0 0 110,301 17,995

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

3,063 623 168 95 50 0 73 455 350 105 2,440 0

17,207 197 197 80 37 0 117 0 0 0 17,010 3,050

37,888 177 177 106 29 0 71 0 0 0 37,712 6,219

44,651 160 160 112 67 0 48 0 0 0 44,491 10,993

40,803 145 145 95 65 0 51 0 0 0 40,658 540

30,471 717 717 659 115 0 58 0 0 0 29,754 0

45,054 1,522 1,522 1,497 1,320 0 25 0 0 0 43,532 450

32,740 920 920 914 525 0 6 0 0 0 31,821 800

2,155 216 133 31 20 0 102 83 0 30 1,939 0

11,417 1,090 1,018 921 658 0 97 72 0 72 10,327 0

12,139 222 200 160 130 0 40 22 0 22 11,917 0

23,571 640 279 226 143 0 53 361 350 11 22,931 400

29,011 131 120 58 28 0 62 11 0 11 28,881 850

20,032 131 130 59 32 0 71 2 0 2 19,901 2,108

34,639 278 278 61 37 0 217 1 0 1 34,360 1,503

26,639 134 134 72 48 0 62 0 0 0 26,505 3,789

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

713 235 124 82 62 0 42 112 90 14 478 11

1,521 146 102 73 54 0 28 44 39 5 1,376 543

1,948 113 71 44 31 0 27 42 39 3 1,835 834

3,531 96 74 46 29 0 29 22 19 2 3,435 1,510

4,105 67 66 35 19 0 31 1 0 1 4,039 1,802

5,365 58 58 28 17 0 30 0 0 0 5,307 1,706

4,517 54 54 27 7 0 27 0 0 0 4,463 1,525

5,921 61 61 36 15 0 25 0 0 0 5,860 1,343

6,290 1,061

10,673 9,999

28,951 28,471

23,441 21,803

10,456 9,706

5,272 10,205

7,164 10,048

5,247 6,124

0 0 0

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

2012

2013

2014

2015

2016

2017

2018

2019

269 67

429 69

472 72

374 74

542 71

392 66

382 61

357 57

27,235 1,952

12,330 1,522

21,486 1,131

16,824 836

13,469 547

16,433 316

300 155

0 143

167

KENYA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

6,189 5,216 5,041 175 175 798 47

6,483 5,772 5,772 0 212 499 21

6,681 5,870 5,870 0 209 602 34

7,523 6,231 6,231 0 327 964 57

7,607 6,388 6,388 0 309 910 66

8,589 6,720 6,720 0 858 1,012 73

8,801 6,979 6,979 0 817 1,005 80

10,258 7,566 7,566 0 1,100 1,593 100

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

142 5,041 175 355

141 5,772 0 297

334 5,870 0 575

308 6,231 0 1,146

271 6,388 0 395

276 6,720 0 1,323

242 6,979 0 1,669

264 7,566 0 1,327

External debt flows Disbursements Long-term external debt IMF purchases

377 333 44

242 168 74

126 126 0

456 341 115

350 350 0

747 538 209

530 530 0

1,181 864 317

Principal repayments Long-term external debt IMF repurchases

449 407 42

447 439 7

334 320 14

346 336 10

299 288 11

276 258 18

284 259 26

311 287 24

Net flows Long-term external debt Short-term external debt

-31 -74 41

-459 -271 -254

-118 -194 90

449 6 339

-12 62 -63

566 280 95

232 271 -14

1,438 577 568

Interest payments Long-term external debt IMF charges Short-term external debt

144 100 3 41

93 72 2 18

96 71 3 23

110 78 3 29

114 91 2 21

111 85 3 23

116 90 1 25

118 92 0 25

111 -6

21 3

51 2

729 0

96 5

116 3

178 22

335 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

.. 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 48.7

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

16.2 18.4 0.4 0.1 43.6

16.4 17.0 0.3 0.1 41.8

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 34.2 10.4

1.4 31.5 6.3

7.5 5.9 1.4

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

0.0 0.0 0.0

12,562 2,821 538 3,941 29 -199 898

18,732 5,416 425 6,921 35 -252 1,799

22,433 6,045 570 8,341 39 -510 2,416

27,093 7,223 645 10,364 124 -1,032 3,355

30,473 8,467 667 12,781 52 -1,983 2,879

30,543 7,567 631 11,514 60 -1,689 3,849

32,040 9,127 686 13,823 60 -2,369 4,320

33,729 10,196 934 16,631 105 -3,333 4,264

219.4 49.3 21.0 12.9 45.8 14.5 2.7

119.7 34.6 10.0 7.7 52.8 27.7 3.1

110.5 29.8 7.1 9.0 51.6 36.2 3.5

104.1 27.8 6.3 12.8 47.9 44.6 3.9

89.8 25.0 4.9 12.0 49.0 37.8 2.7

113.5 28.1 5.1 11.8 45.9 44.8 4.0

96.4 27.5 4.4 11.4 46.7 49.1 3.8

100.6 30.4 4.2 15.5 43.6 41.6 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

6. Ratios

168

KENYA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

5,216 5,041 4,559 2,836 47 2,262 1,724 482 0 436 175 0

5,772 5,772 5,409 3,426 0 2,663 1,983 363 0 292 0 0

5,870 5,870 5,543 3,445 0 2,764 2,098 327 0 252 0 0

6,231 6,231 5,892 3,601 0 2,968 2,291 339 0 260 0 0

6,388 6,388 6,070 3,727 0 3,050 2,343 319 0 238 0 0

6,720 6,720 6,369 3,946 0 3,156 2,422 352 0 243 0 0

6,979 6,979 6,668 4,110 0 3,238 2,558 311 0 202 0 0

7,566 7,566 7,246 4,468 0 3,388 2,778 320 0 211 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

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

864 864 840 510 0 268 330 24 0 14 0 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

336 336 325 224 0 66 101 11 0 9 0 0

288 288 273 106 0 75 167 15 0 13 0 0

258 258 255 107 0 81 148 3 0 0 0 0

259 259 255 111 0 88 144 4 0 1 0 0

287 287 280 129 0 103 151 7 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

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 52 1 0 0 0 0

90 90 90 34 0 23 55 1 0 0 0 0

92 92 91 42 0 26 50 1 0 0 0 0

-337 -31

-494 -459

198 -118

842 449

85 -12

982 566

212 232

1,457 1,438

122 10 0

127 3 0

192 8 0

0 0 0

0 5 0

0 31 0

0 0 0

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

2012

2013

2014

2015

2016

2017

2018

2019

389 110

391 115

365 117

403 116

431 112

472 107

531 100

533 91

12 1

13 1

9 1

8 0

6 0

4 0

169

KOSOVO (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

.. .. .. .. .. .. ..

709.9 430.4 0.0 430.4 85.3 194.2 0.0

1725.7 817.8 358.5 459.3 86.8 821.1 0.0

1455.6 886.4 319.0 567.4 114.2 455.0 0.0

1531.0 961.0 309.9 651.0 113.8 456.2 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 0.0 430.4 0.0

0.0 358.5 459.3 0.0

0.0 319.0 567.4 33.7

0.0 309.9 651.0 33.3

External debt flows Disbursements Long-term external debt IMF purchases

.. .. ..

160.6 160.6 0.0

90.1 90.1 0.0

198.1 169.5 28.6

192.5 192.5 0.0

Principal repayments Long-term external debt IMF repurchases

.. .. ..

36.8 36.8 0.0

269.0 269.0 0.0

75.6 75.6 0.0

108.2 108.2 0.0

Net flows Long-term external debt Short-term external debt

.. .. ..

177.3 123.8 53.6

448.1 -178.8 626.9

-243.6 93.9 -366.2

85.6 84.4 1.3

Interest payments Long-term external debt IMF charges Short-term external debt

.. .. .. ..

16.0 15.3 0.7 0.0

44.3 44.1 0.2 0.0

34.7 34.4 0.3 0.0

40.5 40.0 0.5 0.0

.. ..

133.8 0.0

369.8 0.0

603.2 0.0

536.8 0.0

408.1 0.0

486.6 0.0

546.2 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 0.0

0.0 0.0 0.0 0.0 100.0

3.4 0.0 0.0 0.0 96.6

.. .. ..

0.0 0.0 0.0

0.8 39.5 10.0

0.8 19.6 2.0

.. .. ..

0.0 0.0 0.0

4.8 19.8 2.7

0.0 0.0 0.0

.. .. .. .. .. .. ..

.. 624.8 701.3 1803.5 28.1 -307.7 ..

4137.7 750.5 770.8 1986.5 31.2 -283.6 ..

4977.5 990.6 918.7 2527.9 59.0 -484.6 951.7

5874.1 1137.7 1042.3 3222.3 88.4 -920.9 892.1

5550.7 1169.8 1055.3 3100.8 102.0 -547.0 830.2

5702.0 1333.2 996.9 3377.4 130.3 -767.9 846.4

6615.0 1670.4 1121.6 4018.4 148.0 -1028.2 741.5

.. .. .. .. .. .. ..

.. .. .. .. .. .. 4.5

62.4 12.1 4.6 27.4 .. 125.7 3.3

147.5 31.1 26.8 47.6 20.8 48.1 3.2

109.2 25.5 8.3 31.3 21.9 58.2 3.0

91.7 23.1 8.9 29.8 19.6 48.4 2.2

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

6. Ratios

170

KOSOVO (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

.. .. .. .. .. .. .. .. .. .. .. ..

430.4 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 430.4 0.0

817.8 358.5 358.5 358.5 358.5 0.0 0.0 0.0 0.0 0.0 459.3 0.0

886.4 319.0 319.0 319.0 319.0 0.0 0.0 0.0 0.0 0.0 567.4 0.0

961.0 309.9 299.4 299.4 292.8 6.6 0.0 10.6 0.0 10.6 651.0 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

.. .. .. .. .. .. .. .. .. .. .. ..

160.6 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 160.6 0.0

90.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 90.1 0.0

169.5 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 169.5 0.0

192.5 17.4 6.5 6.5 0.0 6.5 0.0 10.8 0.0 10.8 175.2 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

269.0 207.7 207.7 207.7 207.7 0.0 0.0 0.0 0.0 0.0 61.2 0.0

75.6 14.3 14.3 14.3 14.3 0.0 0.0 0.0 0.0 0.0 61.3 0.0

108.2 16.6 16.6 16.6 16.6 0.0 0.0 0.0 0.0 0.0 91.6 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

.. .. .. .. .. .. .. .. .. .. .. ..

15.3 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 15.3 0.0

44.1 22.5 22.5 22.5 22.5 0.0 0.0 0.0 0.0 0.0 21.5 0.0

34.4 11.4 11.4 11.4 11.4 0.0 0.0 0.0 0.0 0.0 23.0 0.0

40.0 11.6 11.6 11.6 11.6 0.0 0.0 0.0 0.0 0.0 28.4 0.0

.. ..

175.1 177.3

1015.8 448.1

-270.2 -243.6

75.5 85.6

.. .. ..

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

2012

2013

2014

2015

2016

2017

2018

2019

15.2 7.0

16.0 6.7

16.0 6.4

16.0 6.0

16.0 5.7

16.0 5.3

16.0 5.0

16.0 4.6

0.9 0.5

1.8 0.9

1.8 0.8

1.8 0.7

1.8 0.6

1.8 0.5

Notes: Kosovo became independent in 2008.

171

KYRGYZ REPUBLIC (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

1,938 1,510 1,220 290 298 129 10

2,257 1,825 1,665 161 299 132 3

2,598 2,101 1,831 270 291 206 5

2,881 2,278 1,898 380 284 319 7

3,628 2,942 1,963 980 295 391 6

4,119 3,395 2,320 1,076 300 424 2

4,114 3,612 2,442 1,171 307 195 12

5,486 4,986 2,618 2,368 312 188 3

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

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

6 2,618 2,368 381

External debt flows Disbursements Long-term external debt IMF purchases

180 161 19

150 132 18

243 240 4

282 278 4

920 878 42

661 635 26

702 668 34

776 746 30

Principal repayments Long-term external debt IMF repurchases

97 86 11

104 73 31

65 38 27

151 127 25

284 261 23

226 200 26

483 462 22

339 314 24

Net flows Long-term external debt Short-term external debt

152 75 69

-150 59 -195

250 202 72

241 151 111

709 617 73

472 435 37

-20 206 -238

439 432 1

Interest payments Long-term external debt IMF charges Short-term external debt

81 69 7 5

38 21 5 13

36 19 6 11

43 23 5 15

52 42 2 8

43 37 1 5

74 69 0 4

72 70 0 2

-2 0

43 0

182 0

208 1

377 6

189 1

438 -18

391 5

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

.. 15.0 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

2.8 13.6 0.0 0.0 68.9

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

1.7 24.6 6.0

0.0 0.0 0.0

1,288 590 9 753 37 -76 239

2,372 963 313 1,501 36 -37 570

2,786 1,326 473 2,342 40 -286 764

3,751 2,065 705 3,313 40 -227 1,107

4,960 2,812 1,224 4,990 173 -701 1,153

4,501 2,582 983 3,892 126 -102 1,494

4,450 2,543 1,266 4,319 327 -385 1,604

5,600 3,480 1,709 5,571 400 -253 1,703

328.5 150.5 30.2 6.7 37.3 12.3 3.8

234.4 95.1 14.8 5.9 48.7 25.2 4.6

195.9 93.3 7.6 7.9 45.8 29.4 3.9

139.5 76.8 9.4 11.1 44.4 38.4 4.0

129.0 73.1 11.9 10.8 35.6 31.8 2.8

159.5 91.5 10.4 10.3 31.8 36.3 4.6

161.8 92.5 21.9 4.7 31.5 39.0 4.5

157.6 98.0 11.8 3.4 24.5 31.0 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

6. Ratios

172

KYRGYZ REPUBLIC (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

4,986 2,618 2,618 1,343 0 660 1,275 0 0 0 2,368 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

161 153 149 107 0 52 42 4 0 0 8 0

132 76 76 70 0 34 6 0 0 0 56 0

240 87 87 73 0 26 15 0 0 0 152 0

278 66 66 58 0 22 8 0 0 0 212 0

878 51 51 50 0 20 1 0 0 0 827 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

746 211 211 90 0 28 121 0 0 0 535 0

86 17 13 8 0 0 5 4 0 2 69 0

73 16 16 16 0 4 0 0 0 0 57 0

38 20 20 20 0 6 0 0 0 0 18 0

127 25 25 22 0 9 3 0 0 0 102 0

261 35 35 29 0 11 6 0 0 0 225 0

200 38 38 33 0 12 6 0 0 0 162 0

462 38 38 35 0 14 3 0 0 0 424 0

314 44 44 37 0 15 7 0 0 0 270 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

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 7 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

70 40 40 13 0 5 27 0 0 0 29 0

86 152

-306 -150

342 250

283 241

747 709

491 472

-4 -20

1,371 439

32 0 0

520 17 0

7 0 0

7 8 0

15 0 0

16 0 0

0 0 0

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

2012

2013

2014

2015

2016

2017

2018

2019

60 40

65 40

76 41

93 41

105 40

111 39

128 39

145 37

639 104

450 77

402 53

237 38

189 27

142 18

118 11

95 6

Notes: Long-term private nonguaranteed debt data are reported by the country.

173

LAO PEOPLE'S DEMOCRATIC REPUBLIC (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

2,520 2,459 2,459 0 55 6 0

2,912 2,815 1,989 825 43 55 0

3,494 3,350 2,259 1,090 42 103 0

4,606 4,362 2,515 1,847 41 203 0

5,189 4,987 2,720 2,267 35 166 0

5,737 5,442 2,818 2,625 95 199 0

5,655 5,549 2,939 2,610 88 18 0

6,158 6,014 2,889 3,125 83 62 0

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

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

0 2,889 3,125 19

External debt flows Disbursements Long-term external debt IMF purchases

77 77 0

472 472 0

491 491 0

1,058 1,058 0

756 756 0

599 599 0

233 233 0

638 638 0

Principal repayments Long-term external debt IMF repurchases

31 23 8

85 79 6

134 130 3

135 132 3

147 143 4

151 146 6

226 221 6

204 199 5

Net flows Long-term external debt Short-term external debt

53 55 6

441 392 55

405 361 48

1,023 926 100

571 613 -37

480 453 33

-175 12 -181

477 438 44

Interest payments Long-term external debt IMF charges Short-term external debt

10 9 1 0

47 47 1 0

49 48 1 0

55 54 1 0

60 60 0 0

69 69 0 0

79 79 0 0

77 77 0 0

34 0

28 0

187 0

324 0

228 0

319 0

279 54

450 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

.. 0.4 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

0.0 0.0 0.0 0.0 71.2

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

1.4 25.7 8.3

0.0 0.0 0.0

1,660 513 1 638 0 -8 139

2,670 762 1 1,003 25 -174 234

3,262 1,122 4 1,173 23 75 328

4,075 1,244 6 1,202 48 139 533

5,188 1,526 18 1,589 26 78 629

5,668 1,492 38 1,685 43 -61 609

6,713 2,308 42 2,457 44 29 703

7,670 .. 45 .. 0 .. 741

490.9 151.7 8.0 0.3 41.3 5.5 2.6

382.0 109.1 17.4 1.9 52.4 8.0 2.8

311.5 107.1 16.2 2.9 48.0 9.4 3.4

370.1 113.0 15.3 4.4 40.1 11.6 5.3

340.1 100.0 13.6 3.2 37.9 12.1 4.7

384.6 101.2 14.8 3.5 34.4 10.6 4.3

245.0 84.2 13.2 0.3 35.1 12.4 3.4

.. 80.3 .. 1.0 31.8 12.0 ..

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

6. Ratios

174

LAO PEOPLE'S DEMOCRATIC REPUBLIC (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

6,014 2,889 2,889 1,959 0 639 930 0 0 0 3,125 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

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

638 23 23 16 0 2 7 0 0 0 615 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

199 99 99 67 0 17 32 0 0 0 100 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 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

77 27 27 20 0 5 7 0 0 0 50 0

-26 53

282 441

582 405

1,112 1,023

583 571

548 480

-82 -175

503 477

0 0 0

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

2012

2013

2014

2015

2016

2017

2018

2019

106 33

111 32

116 31

117 30

122 29

136 30

140 28

138 26

813 85

728 58

428 42

342 30

257 20

214 13

171 6

171 0

Notes: 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. Short-term debt is based on data from the BIS. 175

LATVIA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

5,012 1,979 827 1,151 192 2,842 0

14,412 6,747 1,053 5,694 173 7,493 0

22,678 12,021 1,257 10,764 182 10,476 0

39,231 22,335 1,477 20,858 191 16,705 0

42,033 26,879 1,945 24,934 1,011 14,144 0

42,012 30,408 6,602 23,806 1,308 10,295 0

39,741 25,319 6,891 18,428 1,699 12,723 0

38,255 24,551 7,075 17,476 1,693 12,011 0

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

0 818 1,160 98

0 1,034 5,713 215

0 1,239 10,782 3

0 1,460 20,875 11

0 1,930 24,949 1,325

0 6,590 23,818 5,505

0 6,837 18,482 3,859

0 6,966 17,585 642

External debt flows Disbursements Long-term external debt IMF purchases

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

7,296 7,296 0

Principal repayments Long-term external debt IMF repurchases

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

7,251 7,251 0

Net flows Long-term external debt Short-term external debt

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

-667 46 -713

Interest payments Long-term external debt IMF charges Short-term external debt

277 107 9 161

540 155 5 380

731 274 7 449

1,553 756 6 791

1,757 1,152 2 603

946 772 18 156

876 686 34 156

910 734 43 134

413 -7

812 12

1,702 22

2,714 -12

1,435 -50

-44 -8

433 9

1,559 38

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

.. 4.7 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

92.4 0.0 0.0 0.0 7.6

5.8 15.0 5.9

2.3 19.4 7.2

3.9 25.1 5.1

0.0 0.0 0.0

4.5 16.0 16.0

3.3 8.3 7.2

3.6 11.8 7.1

3.2 9.4 4.9

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

5.5 10.0 3.0

7,814 3,445 72 4,010 92 -371 851

15,839 7,881 381 10,470 617 -1,992 2,232

19,347 9,462 482 14,463 983 -4,522 4,353

27,842 13,087 552 19,891 1,240 -6,425 5,553

33,338 15,578 601 20,839 611 -4,492 5,028

27,851 12,324 591 10,924 -1,462 2,284 6,632

24,517 13,587 614 13,735 129 724 7,256

28,456 17,366 695 18,921 688 -686 5,997

145.5 64.1 17.6 56.7 10.8 17.0 2.5

182.9 91.0 41.1 52.0 2.2 15.5 2.6

239.7 117.2 34.6 46.2 1.9 19.2 3.6

299.8 140.9 35.1 42.6 1.4 14.2 3.4

269.8 126.1 39.3 33.6 1.7 12.0 2.9

340.9 150.8 61.5 24.5 10.6 15.8 7.3

292.5 162.1 77.6 32.0 13.2 18.3 6.3

220.3 134.4 47.0 31.4 13.6 15.7 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

6. Ratios

176

LATVIA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

24,551 7,075 5,219 5,209 529 0 10 1,856 1,535 321 17,476 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

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

7,296 748 166 166 131 0 0 582 500 82 6,548 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

7,251 362 36 35 9 0 0 327 0 327 6,888 278

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

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

734 264 178 178 19 0 0 86 67 18 470 0

785 848

1,823 2,246

8,266 7,303

16,553 12,474

2,802 3,678

-22 -105

-2,270 -139

-1,486 -667

0 0 0

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

2012

2013

2014

2015

2016

2017

2018

2019

50 189

56 230

1,500 242

1,876 213

504 186

502 174

499 158

1,132 129

4,741 1,198

3,343 490

3,573 400

1,829 294

1,479 211

1,130 172

1,473 142

780 91

177

LEBANON (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

10,250 7,704 6,968 736 6 2,541 0

23,334 19,877 18,866 1,011 6 3,450 0

25,119 20,912 20,107 805 7 4,200 0

25,642 21,437 20,907 530 87 4,118 0

24,328 21,066 20,596 470 124 3,138 0

24,803 21,285 20,615 670 422 3,096 0

24,591 20,713 20,213 500 395 3,482 0

24,767 21,101 20,601 500 355 3,311 0

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

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

0 20,601 500 3,999

External debt flows Disbursements Long-term external debt IMF purchases

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

4,179 4,179 0

Principal repayments Long-term external debt IMF repurchases

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

3,789 3,749 40

Net flows Long-term external debt Short-term external debt

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

220 431 -171

Interest payments Long-term external debt IMF charges Short-term external debt

607 475 0 132

1,462 1,287 0 175

1,516 1,316 0 200

1,668 1,430 3 235

1,522 1,442 3 76

1,516 1,475 2 39

1,501 1,454 2 45

1,545 1,492 2 52

.. ..

2,624 1,436

2,675 551

3,376 791

4,333 466

4,804 929

4,280 147

3,476 240

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 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

7.6 0.4 0.0 0.0 88.7

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

0.5 22.5 4.0

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

5.8 9.3 9.3

17,581 .. .. .. .. .. 5,944

21,674 14,958 4,924 18,768 95 -2,748 11,887

22,622 16,926 5,202 20,012 96 -1,116 13,376

25,797 19,445 5,769 23,819 64 -1,605 12,910

30,517 24,813 7,181 31,276 121 -4,103 20,244

34,697 23,137 7,558 31,705 95 -6,741 29,103

38,497 22,251 7,351 32,469 209 -7,462 31,514

40,147 26,760 7,403 33,494 183 -4,163 33,741

.. 58.3 .. 24.8 8.7 58.0 ..

156.0 107.7 24.3 14.8 5.1 50.9 7.6

148.4 111.0 26.7 16.7 5.2 53.3 8.0

131.9 99.4 24.4 16.1 5.6 50.3 6.5

98.0 79.7 17.8 12.9 5.5 83.2 7.8

107.2 71.5 19.9 12.5 5.4 117.3 11.0

110.5 63.9 18.7 14.2 5.4 128.2 11.6

92.6 61.7 19.9 13.4 5.0 136.2 12.1

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

6. Ratios

178

LEBANON (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

21,101 20,601 2,088 1,233 301 0 856 18,513 17,966 540 500 500

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

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

4,179 4,179 206 122 32 0 84 3,973 3,959 12 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

3,749 3,749 329 203 53 0 126 3,420 3,390 29 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

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

1,492 1,454 82 47 4 0 35 1,372 1,360 13 38 38

1,759 1,900

200 486

1,785 1,563

524 291

-1,314 -1,136

475 195

-213 -122

177 220

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

2012

2013

2014

2015

2016

2017

2018

2019

628 90

312 80

308 74

254 66

236 58

225 50

193 41

159 35

1,794 1,295

1,956 1,140

1,989 989

1,180 899

2,080 776

1,930 611

1,155 528

1,184 451

Notes: Long-term private nonguaranteed debt only cover Bonds. Short-term debt is based on data from the BIS.

179

LESOTHO (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

676.7 656.7 656.7 0.0 16.0 4.0 0.0

667.3 618.9 618.9 0.0 40.4 8.0 0.0

655.4 613.5 613.5 0.0 42.0 0.0 0.0

683.5 642.2 642.2 0.0 41.3 0.0 0.0

694.6 659.2 659.2 0.0 35.4 0.0 0.0

756.3 680.6 680.6 0.0 75.7 0.0 0.0

776.7 697.9 697.9 0.0 78.8 0.0 0.0

791.9 711.6 711.6 0.0 80.3 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

0.0 656.4 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

0.0 697.9 0.0 238.5

0.0 711.6 0.0 47.5

External debt flows Disbursements Long-term external debt IMF purchases

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

49.2 40.3 9.0

Principal repayments Long-term external debt IMF repurchases

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

26.9 19.4 7.5

30.9 23.7 7.2

Net flows Long-term external debt Short-term external debt

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

25.8 21.4 0.0

18.3 16.6 0.0

Interest payments Long-term external debt IMF charges Short-term external debt

23.4 22.9 0.3 0.2

14.3 13.7 0.3 0.3

9.8 9.2 0.4 0.2

64.7 64.3 0.4 0.0

8.0 7.8 0.2 0.0

7.7 7.4 0.3 0.0

7.6 7.5 0.2 0.0

9.0 8.9 0.1 0.0

32.4 0.0

69.1 0.0

58.5 1.3

104.5 0.0

110.0 0.0

100.9 0.0

117.0 0.0

52.0 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 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

7.3 0.0 0.3 0.0 43.9

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

5.6 27.0 6.6

1.6 26.7 6.6

4.6 2.0 0.5

0.0 0.0 0.0

973.6 824.4 478.1 1132.8 68.3 -71.5 417.9

1869.6 1397.6 603.5 1888.5 191.6 -16.9 519.1

1872.3 1477.1 586.0 1970.8 249.4 82.6 658.4

2024.8 1654.9 625.1 2251.8 301.2 98.5 ..

2156.5 1695.8 596.2 2244.8 333.9 143.7 ..

2258.9 1550.2 623.0 2276.4 296.4 -2.4 ..

2711.0 1778.1 745.9 2860.8 338.9 -421.4 ..

2925.9 .. 753.5 .. .. .. ..

82.1 69.5 7.5 0.6 70.3 61.8 4.4

47.7 35.7 5.7 1.2 77.7 77.8 3.3

44.4 35.0 3.1 .. 83.6 100.5 4.0

41.3 33.8 6.0 .. 86.0 .. ..

41.0 32.2 2.2 .. 86.4 .. ..

48.8 33.5 2.5 .. 80.2 .. ..

43.7 28.7 1.9 .. 80.2 .. ..

.. 27.1 .. .. 80.5 .. ..

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

6. Ratios

180

LESOTHO (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

697.9 697.9 684.3 622.7 1.8 328.4 61.6 13.6 0.0 13.2 0.0 0.0

711.6 711.6 699.9 637.7 1.1 321.7 62.2 11.7 0.0 11.4 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

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

40.3 40.3 40.3 36.9 0.0 2.8 3.4 0.0 0.0 0.0 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

19.4 19.4 19.1 16.5 0.7 7.2 2.6 0.3 0.0 0.2 0.0 0.0

23.7 23.7 23.4 19.8 0.7 8.7 3.6 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

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

8.9 8.9 7.9 6.3 0.0 2.5 1.6 1.0 0.0 1.0 0.0 0.0

-10.5 31.0

-105.1 -43.2

-11.9 -15.5

28.0 4.5

11.1 16.3

61.8 6.8

20.4 25.8

15.2 18.3

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

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

2012

2013

2014

2015

2016

2017

2018

2019

27.4 12.8

29.5 16.1

29.7 17.9

28.2 18.8

37.4 18.9

40.6 18.4

40.9 17.4

41.5 16.4

0.3 1.0

0.2 1.0

6.7 1.0

0.2 0.1

Notes: Large interest payment was made during 2007 to a creditor country to settle a long standing claim.

181

LIBERIA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

2836.3 1104.0 1104.0 0.0 319.7 1412.6 1412.6

3950.6 1179.1 1179.1 0.0 349.7 2421.8 2421.8

4191.8 1203.8 1203.8 0.0 367.3 2620.7 2620.7

3778.0 1033.5 1033.5 0.0 385.1 2359.4 2359.4

3160.8 865.0 865.0 0.0 890.3 1405.5 1405.5

1850.3 673.1 673.1 0.0 1085.5 91.6 91.6

418.7 182.9 182.9 0.0 235.3 0.4 0.4

447.6 187.2 187.2 0.0 248.2 12.2 12.2

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

1126.7 1104.0 0.0 0.0

1307.0 1179.1 0.0 0.0

1385.0 1203.8 0.0 5.0

1289.0 1033.5 0.0 0.0

424.8 865.0 0.0 0.0

252.4 673.1 0.0 0.0

80.5 182.9 0.0 10.0

80.5 187.2 0.0 115.3

External debt flows Disbursements Long-term external debt IMF purchases

0.0 0.0 0.0

880.5 0.0 880.5

17.6 0.0 17.6

13.6 0.0 13.6

34.4 20.3 14.0

Principal repayments Long-term external debt IMF repurchases

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

2.8 2.8 0.0

Net flows Long-term external debt Short-term external debt

-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

9.8 -3.7 0.0

31.6 17.6 0.0

Interest payments Long-term external debt IMF charges Short-term external debt

1.3 0.0 1.3 0.0

1.8 0.0 1.7 0.0

1.4 0.0 1.3 0.0

381.7 380.5 1.1 0.0

545.2 69.0 476.2 0.0

28.1 16.8 11.3 0.0

2.4 0.6 1.8 0.0

0.7 0.4 0.2 0.0

20.8 ..

82.8 ..

107.9 ..

131.6 ..

283.5 ..

127.8 ..

452.3 ..

508.0 ..

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

.. 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 96.1

0.0 0.0 0.0

0.0 25.1 15.0

0.0 0.0 0.0

0.8 39.5 10.0

0.8 39.8 0.3

0.0 0.0 0.0

514.1 .. .. .. .. .. 0.3

394.4 354.7 31.9 1317.7 7.1 -183.5 25.4

452.0 509.5 78.8 1882.4 14.0 -172.8 72.0

584.8 562.2 62.0 1924.2 14.7 -223.2 119.4

691.1 781.0 58.1 2310.7 22.5 -354.3 160.9

734.7 472.2 25.1 1850.0 5.8 -277.2 372.5

808.5 430.4 31.4 1804.7 0.1 -415.2 ..

1043.8 .. 32.7 .. 0.0 .. ..

.. 551.7 .. 49.8 13.9 0.0 ..

1113.7 1001.7 0.5 61.3 11.1 0.6 0.2

822.8 927.4 0.4 62.5 10.7 1.7 0.5

672.0 646.0 114.4 62.5 5.1 3.2 0.7

404.7 457.4 119.7 44.5 5.0 5.1 0.8

391.9 251.8 13.6 5.0 8.4 20.1 2.4

97.3 51.8 1.4 0.1 15.1 .. ..

.. 42.9 .. 2.7 13.3 .. ..

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

6. Ratios

182

LIBERIA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

182.9 182.9 182.9 63.1 0.0 0.0 119.8 0.0 0.0 0.0 0.0 0.0

187.2 187.2 187.2 59.4 0.0 13.7 127.8 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

20.3 20.3 20.3 14.3 0.0 14.3 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

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

2.8 2.8 2.8 2.8 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

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

0.4 0.4 0.4 0.4 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

247.8 -0.6

88.1 -0.1

241.2 -0.7

-413.8 -261.4

-617.1 491.1

-1310.5 -18.6

-1431.6 9.8

29.0 31.6

0.0 0.0 0.0

295.0 637.0 0.0

2.7 1449.2 32.0

95.4 1506.7 0.0

5.6 17.6 0.0

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

2012

2013

2014

2015

2016

2017

2018

2019

9.9 1.2

10.3 1.1

10.3 1.0

9.5 0.9

7.9 0.8

6.9 0.7

6.3 0.7

5.0 0.7

0.0 0.0

Notes: Historical long-term public and publicly guaranteed debt data are revised based on reports provided by the country. Data include the effects of Paris Club rescheduling agreement signed in 2008 and 2010, and HIPC and MDRI debt relief. 183

LITHUANIA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

4,902 3,417 2,206 1,211 370 1,114 0

11,629 6,108 2,001 4,107 196 5,325 0

18,778 12,865 4,589 8,277 206 5,706 0

29,661 21,681 5,881 15,800 217 7,763 0

32,001 23,615 5,348 18,267 211 8,174 0

32,037 25,873 9,073 16,800 215 5,949 0

29,815 24,134 11,665 12,468 211 5,469 0

29,988 24,540 12,912 11,627 211 5,238 0

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

0 2,128 1,290 828

0 1,978 4,130 0

0 4,575 8,290 2,513

0 5,873 15,809 822

0 5,345 18,271 110

0 9,073 16,800 4,458

0 11,665 12,468 3,214

0 12,912 11,627 1,514

External debt flows Disbursements Long-term external debt IMF purchases

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

6,801 6,801 0

Principal repayments Long-term external debt IMF repurchases

826 799 27

2,277 2,252 25

3,736 3,736 0

7,715 7,715 0

8,342 8,342 0

5,689 5,689 0

8,014 8,014 0

5,770 5,770 0

Net flows Long-term external debt Short-term external debt

383 366 44

2,145 611 1,559

6,045 5,664 381

8,805 6,748 2,057

3,143 2,732 411

-582 1,642 -2,225

-1,473 -993 -480

799 1,031 -232

Interest payments Long-term external debt IMF charges Short-term external debt

289 215 19 55

329 173 6 150

444 275 8 161

755 529 7 219

913 797 2 114

675 586 0 88

744 669 1 74

979 922 0 57

379 122

1,189 130

2,052 72

2,325 -166

1,908 3

89 -2

702 37

1,443 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

.. 2.9 0.1 0.0 32.6

81.3 0.0 0.0 0.0 17.6

96.5 0.0 0.0 0.0 3.1

98.3 0.0 0.0 0.0 1.5

98.5 0.0 0.0 0.0 1.4

82.8 0.0 0.0 0.0 17.2

63.1 0.0 0.0 0.0 36.9

55.2 0.0 0.0 0.0 44.8

7.1 13.3 7.8

0.0 0.0 0.0

1.6 5.0 1.0

0.0 0.0 0.0

4.1 23.7 6.9

3.3 24.9 7.0

4.4 18.3 5.3

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

6.1 9.7 9.7

11,240 5,295 50 6,212 123 -675 1,312

25,689 14,378 534 16,871 711 -1,831 3,720

29,634 17,342 994 21,285 878 -3,218 5,654

37,850 20,777 1,433 27,632 1,423 -5,692 7,557

46,035 29,477 1,566 36,823 1,225 -6,310 6,280

37,817 20,354 1,239 20,255 -1,064 1,725 6,420

36,013 24,942 1,674 26,166 512 534 6,336

41,296 33,561 1,956 35,678 1,314 -619 7,915

92.6 43.6 21.1 22.7 9.1 26.8 2.5

80.9 45.3 18.1 45.8 2.6 32.0 2.6

108.3 63.4 24.1 30.4 1.7 30.1 3.2

142.8 78.4 40.8 26.2 0.8 25.5 3.3

108.6 69.5 31.4 25.5 0.7 19.6 2.0

157.4 84.7 31.3 18.6 3.9 20.0 3.8

119.5 82.8 35.1 18.3 5.4 21.2 2.9

89.4 72.6 20.1 17.5 5.3 26.4 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

6. Ratios

184

LITHUANIA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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 4,589 320 313 81 0 7 4,269 4,214 51 8,277 0

21,681 5,881 246 241 24 0 5 5,635 5,594 40 15,800 1,030

23,615 5,348 214 211 27 0 2 5,135 5,114 20 18,267 1,030

25,873 9,073 1,253 1,253 23 0 0 7,820 7,816 4 16,800 1,030

24,134 11,665 1,613 1,613 20 0 0 10,053 10,052 0 12,468 793

24,540 12,912 1,597 1,597 17 0 0 11,316 10,566 750 11,627 793

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

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

6,801 1,556 56 56 0 0 0 1,500 750 750 5,245 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

3,736 272 208 51 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

5,770 76 19 19 3 0 0 57 57 0 5,694 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

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 23 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

922 715 77 77 0 0 0 638 638 0 207 12

298 383

923 2,145

7,149 6,045

10,883 8,805

2,340 3,143

37 -582

-2,223 -1,473

174 799

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

2012

2013

2014

2015

2016

2017

2018

2019

32 44

18 46

20 48

37 48

121 48

141 45

139 42

136 39

4,269 1,251

3,402 1,024

2,941 842

2,633 635

2,161 522

1,797 425

1,322 348

433 281

Notes: Long-term public and publicly guaranteed debt data from 2005 are revised based on reports provided by the country.

185

MACEDONIA, FYR (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

1,480 1,333 1,206 127 92 55 4

2,981 2,108 1,637 471 74 800 9

3,297 2,362 1,556 805 68 867 15

4,174 2,564 1,520 1,044 13 1,597 28

4,694 3,013 1,574 1,438 13 1,668 29

5,696 3,695 1,874 1,821 103 1,899 30

5,986 3,831 1,880 1,951 101 2,054 59

6,286 4,080 2,108 1,972 403 1,803 85

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

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 1,880 1,951 253

180 2,108 1,972 616

External debt flows Disbursements Long-term external debt IMF purchases

155 151 4

333 318 16

401 401 0

538 538 0

789 789 0

1,012 1,012 0

591 591 0

1,242 931 311

Principal repayments Long-term external debt IMF repurchases

93 74 19

182 171 11

439 430 10

542 485 57

293 293 0

375 375 0

438 438 0

737 737 0

Net flows Long-term external debt Short-term external debt

59 78 -3

117 147 -34

23 -29 61

713 52 717

566 496 69

867 637 230

280 153 127

228 194 -277

Interest payments Long-term external debt IMF charges Short-term external debt

46 37 3 5

93 54 2 37

125 82 3 40

164 88 2 74

181 104 0 77

178 93 0 84

214 122 0 92

211 129 3 79

215 0

145 54

427 86

733 170

612 -49

260 -14

295 -4

469 -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

.. 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

69.8 5.3 0.0 0.0 23.9

73.8 5.0 0.0 0.0 20.3

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 13.8 4.3

2.4 13.5 3.3

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

4.2 5.4 4.6

3,517 1,679 81 2,391 31 -103 429

5,871 2,196 227 3,408 142 -159 1,229

6,527 2,687 267 3,952 59 -29 1,751

7,775 3,831 345 5,820 470 -606 2,082

9,719 4,540 407 7,234 253 -1,236 1,920

9,231 3,186 381 5,397 138 -610 2,051

9,014 3,808 388 5,813 226 -200 1,970

10,013 5,020 434 7,367 255 -274 2,331

88.1 42.1 8.3 3.7 38.5 29.0 2.2

135.8 50.8 12.5 26.8 30.7 41.2 4.3

122.7 50.5 21.0 26.3 31.2 53.1 5.3

108.9 53.7 18.4 38.3 24.9 49.9 4.3

103.4 48.3 10.4 35.5 22.3 40.9 3.2

178.8 61.7 17.3 33.3 19.0 36.0 4.6

157.2 66.4 17.1 34.3 18.8 32.9 4.1

125.2 62.8 18.9 28.7 18.4 37.1 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

6. Ratios

186

MACEDONIA, FYR (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

3,831 1,880 1,369 1,127 315 367 242 512 434 72 1,951 0

4,080 2,108 1,392 1,159 334 357 233 716 421 289 1,972 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

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

591 197 190 164 72 0 26 7 0 7 394 0

931 415 155 146 52 0 9 260 0 256 516 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

438 98 90 64 11 8 26 9 0 7 340 0

737 126 103 85 20 9 18 23 0 21 611 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

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 22 15 3 3 7 35 32 3 66 0

129 60 24 20 5 3 4 36 34 3 69 0

43 59

152 117

315 23

877 713

520 566

1,002 867

290 280

300 228

44 0 0

0 0 0

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

2012

2013

2014

2015

2016

2017

2018

2019

166 27

130 27

152 26

149 24

140 22

139 19

127 17

114 14

523 128

603 83

315 62

383 50

321 28

117 17

98 10

80 5

187

MADAGASCAR (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

4,716 4,286 4,286 0 129 301 203

3,521 3,182 3,182 0 240 99 72

1,521 1,242 1,242 0 58 221 186

2,283 1,411 1,411 0 73 799 189

2,480 1,738 1,717 21 129 613 188

2,788 1,855 1,836 19 284 649 189

2,699 1,997 1,982 15 278 425 188

2,769 2,066 2,053 12 273 430 188

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

665 4,164 122 187

218 3,136 46 295

223 1,238 4 284

195 1,407 3 192

196 1,714 24 544

196 1,835 20 83

195 1,981 16 0

196 2,052 13 42

External debt flows Disbursements Long-term external debt IMF purchases

200 150 50

265 249 17

291 280 12

273 261 12

404 345 59

126 126 0

198 198 0

90 90 0

Principal repayments Long-term external debt IMF repurchases

79 74 5

48 38 10

36 36 0

9 9 0

20 20 0

34 34 0

39 37 2

22 19 4

Net flows Long-term external debt Short-term external debt

45 76 -76

244 211 27

263 243 8

839 252 575

198 325 -186

127 92 35

-65 160 -224

74 72 6

Interest payments Long-term external debt IMF charges Short-term external debt

39 28 1 9

31 28 2 1

25 21 1 2

26 10 1 15

24 11 1 13

21 15 1 6

21 16 1 5

20 16 0 4

83 ..

85 ..

295 ..

773 ..

1,169 ..

1,066 ..

860 ..

907 ..

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

.. 7.4 0.1 0.9 56.8

.. 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

2.1 0.0 0.0 0.3 53.1

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

0.8 39.4 0.4

0.0 0.0 0.0

1.0 30.8 11.3

0.0 0.0 0.0

4.3 4.3 0.3

0.0 0.0 0.0

3,807 1,210 11 1,584 4 -260 285

4,960 954 11 1,743 38 -554 481

5,435 1,698 .. 2,484 0 -537 583

7,288 2,342 .. 3,606 0 -898 847

9,344 2,614 .. 4,805 0 -1,726 982

8,397 1,982 .. 4,134 0 -1,840 1,135

8,628 1,653 .. 2,744 0 -1,210 1,172

9,760 1,965 .. 3,003 0 -979 1,279

389.7 123.9 9.7 6.4 38.7 6.0 2.2

369.2 71.0 8.3 2.8 80.6 13.7 3.3

89.5 28.0 3.6 14.5 58.4 38.4 2.8

97.5 31.3 1.5 35.0 47.9 37.1 2.8

94.9 26.5 1.7 24.7 55.6 39.6 2.5

140.7 33.2 2.8 23.3 51.9 40.7 3.3

163.3 31.3 3.7 15.7 57.0 43.4 5.1

140.9 28.4 2.1 15.5 58.0 46.2 5.1

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

6. Ratios

188

MADAGASCAR (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

1,738 1,717 1,710 1,378 0 1,066 332 7 0 6 21 0

1,855 1,836 1,829 1,447 0 1,105 382 7 0 6 19 0

1,997 1,982 1,975 1,538 0 1,161 437 7 0 6 15 0

2,066 2,053 2,046 1,606 0 1,198 440 7 0 6 12 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

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

198 198 197 118 0 76 79 0 0 0 0 0

90 90 90 83 0 46 8 0 0 0 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

19 18 18 10 0 4 7 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

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

16 16 16 13 0 9 3 0 0 0 0 0

-55 45

-297 244

-2,001 263

762 839

197 198

308 127

-89 -65

70 74

0 0 0

26 100 0

11 2,475 0

1 143 0

0 6 0

0 0 0

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 2012

2013

2014

2015

2016

2017

2018

2019

78 19

68 19

78 19

76 19

60 18

66 17

74 17

75 16

1 0

0 0

1 0

Official creditors Principal Interest Private creditors Principal Interest Notes: Data include the effects of HIPC and MDRI debt relief.

189

MALAWI (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

2719.2 2544.1 2544.1 0.0 96.8 78.3 36.7

3198.9 3061.8 3061.8 0.0 90.9 46.2 34.2

869.6 764.6 764.6 0.0 36.0 69.0 0.0

868.8 759.5 759.5 0.0 48.3 61.0 0.0

995.6 769.0 769.0 0.0 141.6 85.0 0.0

1144.3 846.4 846.4 0.0 230.9 67.0 0.0

1038.3 729.1 729.1 0.0 248.2 61.0 0.0

1202.4 925.7 925.7 0.0 246.7 30.0 0.0

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

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 0.0 105.1

0.0 769.0 0.0 178.0

0.0 846.4 0.0 193.8

0.0 729.1 0.0 92.0

0.0 925.7 0.0 345.5

External debt flows Disbursements Long-term external debt IMF purchases

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

107.3 107.3 0.0

102.1 80.9 21.2

205.5 205.5 0.0

Principal repayments Long-term external debt IMF repurchases

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

22.4 22.4 0.0

13.2 13.2 0.0

14.0 13.2 0.8

Net flows Long-term external debt Short-term external debt

83.3 85.8 -1.9

45.3 50.8 1.0

111.7 62.3 22.8

-4.6 49.2 -8.0

145.8 48.9 24.0

151.9 84.9 -18.0

82.9 67.8 -6.0

160.5 192.3 -31.0

Interest payments Long-term external debt IMF charges Short-term external debt

21.8 17.9 1.0 2.9

23.9 21.8 1.7 0.5

21.6 18.0 1.7 1.9

13.9 11.4 0.7 1.8

17.1 14.9 0.4 1.8

16.1 14.8 0.9 0.4

8.1 6.9 0.3 0.8

7.6 7.2 0.1 0.3

26.0 0.0

139.7 -3.9

35.6 -2.5

124.4 -1.7

195.4 -1.5

49.1 -0.3

97.0 1.0

92.4 -1.0

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

.. 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

3.1 0.0 0.0 0.0 53.1

3.6 0.0 0.0 0.0 41.7

3.8 0.0 0.0 0.0 40.7

0.8 44.7 10.1

1.4 41.4 8.9

0.8 34.6 10.7

1.7 35.3 9.3

1.2 35.4 12.7

1.4 30.6 7.3

0.8 34.3 9.0

1.3 31.6 3.9

0.0 0.0 0.0

1707.2 470.7 0.7 679.6 15.1 -73.5 243.0

2713.7 609.3 22.5 1390.0 51.6 -506.7 158.9

3078.4 792.7 14.8 1400.2 56.5 -306.6 133.8

3436.7 878.8 21.0 1612.3 67.1 -411.6 216.6

4050.5 1026.2 16.7 2166.0 138.9 -702.7 242.8

4655.9 1347.8 16.7 2369.9 102.8 -553.4 149.4

4927.8 1221.9 16.7 2691.7 173.2 -905.2 307.4

5395.6 1615.0 17.4 2954.0 85.2 -764.7 197.4

577.7 159.3 13.5 2.9 75.2 8.9 4.3

525.0 117.9 12.5 1.4 80.1 5.0 1.4

109.1 28.1 8.9 7.4 49.8 15.5 1.1

91.9 23.5 3.8 .. 54.1 26.8 1.6

88.7 22.5 3.1 .. 53.4 26.7 1.3

84.9 24.6 2.9 5.9 47.8 13.1 0.8

85.0 21.1 1.7 5.9 56.4 29.6 1.4

74.5 22.3 1.3 2.5 52.6 16.4 0.8

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

6. Ratios

190

MALAWI (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

846.4 846.4 840.5 546.9 0.0 212.8 293.7 5.8 0.0 5.8 0.0 0.0

729.1 729.1 723.6 585.5 0.0 242.6 138.2 5.4 0.0 5.4 0.0 0.0

925.7 925.7 920.4 632.7 0.0 274.1 287.8 5.2 0.0 5.2 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

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

107.3 107.3 107.3 56.1 0.0 24.2 51.2 0.0 0.0 0.0 0.0 0.0

80.9 80.9 80.9 55.9 0.0 33.9 25.0 0.0 0.0 0.0 0.0 0.0

205.5 205.5 205.5 60.4 0.0 34.6 145.1 0.0 0.0 0.0 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

22.4 22.4 22.4 9.8 0.0 0.0 12.6 0.0 0.0 0.0 0.0 0.0

13.2 13.2 13.2 10.3 0.0 0.1 2.8 0.0 0.0 0.0 0.0 0.0

13.2 13.2 13.2 9.8 0.0 0.4 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

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

14.8 14.8 14.7 4.4 0.0 0.9 10.3 0.1 0.0 0.1 0.0 0.0

6.9 6.9 6.9 4.9 0.0 1.2 2.0 0.0 0.0 0.0 0.0 0.0

7.2 7.2 7.0 5.1 0.0 1.6 2.0 0.2 0.0 0.2 0.0 0.0

-37.2 83.3

-245.5 45.3

-2334.3 111.7

-56.8 -4.6

102.8 145.8

233.7 151.9

-106.0 82.9

164.1 160.5

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

0.0 1.4 0.0

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

2012

2013

2014

2015

2016

2017

2018

2019

27.4 12.8

30.1 13.3

33.5 13.6

36.2 13.5

41.7 13.3

40.8 12.8

42.0 12.3

48.2 11.8

0.0 0.1

0.1 0.1

0.2 0.1

Notes: Data include the effects of Paris Club rescheduling agreement signed in 2006, and HIPC and MDRI debt relief.

191

MALAYSIA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

41,946 37,192 19,125 18,067 181 4,573 0

52,054 38,679 22,324 16,356 199 13,176 0

55,658 43,646 23,022 20,624 209 11,803 0

63,091 39,771 19,745 20,026 220 23,100 0

67,674 44,660 22,742 21,918 214 22,800 0

69,784 43,979 22,647 21,332 2,110 23,695 0

85,126 47,977 27,351 20,626 2,073 35,076 0

94,468 48,697 27,156 21,541 2,067 43,704 0

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

0 19,026 18,166 5,464

0 22,305 16,374 1,212

0 23,011 20,635 2,535

0 19,742 20,030 1,017

0 22,742 21,918 2,533

0 18,147 25,832 4,500

0 22,851 25,126 5,742

0 22,656 26,041 3,194

External debt flows Disbursements Long-term external debt IMF purchases

5,921 5,921 0

6,050 6,050 0

7,583 7,583 0

5,852 5,852 0

5,180 5,180 0

8,339 8,339 0

14,720 14,720 0

12,858 12,858 0

Principal repayments Long-term external debt IMF repurchases

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

8,966 8,966 0

Net flows Long-term external debt Short-term external debt

337 1,775 -1,439

601 -1,142 1,744

942 2,315 -1,373

9,331 -1,967 11,297

-1,378 -1,078 -300

-560 -1,455 895

14,753 3,372 11,381

12,521 3,893 8,628

Interest payments Long-term external debt IMF charges Short-term external debt

2,295 2,021 8 266

2,189 1,858 6 325

2,356 1,867 9 480

2,636 2,035 8 594

2,590 2,112 2 476

2,333 1,746 5 581

2,011 1,708 7 297

1,891 1,562 2 327

3,788 0

3,925 -1,200

7,691 2,355

9,071 -669

7,573 -10,716

115 -449

9,167 ..

10,779 ..

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

.. 27.7 0.2 0.0 63.1

4.2 22.4 0.0 0.0 71.2

4.5 19.2 0.0 0.0 72.2

5.8 19.4 0.0 0.0 65.9

4.7 19.5 0.0 0.0 68.7

0.1 14.9 0.0 0.0 78.2

0.1 11.7 0.0 0.0 82.3

0.0 10.2 0.0 0.0 83.0

3.6 24.1 3.5

0.0 0.0 0.0

7.0 7.6 4.0

5.2 9.6 9.5

6.0 9.4 6.6

5.8 9.7 8.0

4.7 7.0 0.8

5.3 8.4 8.4

3.3 4.7 2.6

4.4 7.6 7.1

86,182 114,356 342 103,944 7,173 8,488 28,330

131,631 166,725 1,117 142,268 8,330 19,980 69,858

151,887 191,060 1,365 160,300 8,858 26,200 82,132

182,709 217,001 1,556 182,563 9,932 29,770 101,019

215,834 242,055 1,329 197,879 13,838 38,914 91,149

188,758 197,562 1,131 160,181 11,119 31,801 95,432

229,566 243,692 1,102 209,619 15,338 27,290 104,884

271,471 279,472 1,235 240,550 18,184 32,025 131,780

36.7 48.7 5.6 10.9 3.1 67.5 3.3

31.2 39.5 5.6 25.3 1.8 134.2 5.9

29.1 36.6 4.0 21.2 1.4 147.6 6.1

29.1 34.5 4.8 36.6 0.7 160.1 6.6

28.0 31.4 3.7 33.7 0.6 134.7 5.5

35.3 37.0 6.1 34.0 0.4 136.8 7.1

34.9 37.1 5.5 41.2 0.3 123.2 6.0

33.8 34.8 3.9 46.3 0.2 139.5 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

6. Ratios

192

MALAYSIA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

43,646 23,022 6,605 798 437 0 5,807 16,417 13,269 1,987 20,624 7,960

39,771 19,745 4,374 471 135 0 3,903 15,372 13,112 1,307 20,026 7,009

44,660 22,742 5,164 399 85 0 4,765 17,578 13,046 3,729 21,918 6,568

43,979 22,647 4,092 303 39 0 3,789 18,555 14,600 3,380 21,332 5,927

47,977 27,351 3,750 237 0 0 3,513 23,601 17,132 6,045 20,626 4,893

48,697 27,156 3,263 207 0 0 3,056 23,893 19,244 4,350 21,541 5,509

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

5,921 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

7,583 2,347 396 30 0 0 366 1,951 1,545 405 5,237 620

5,852 1,373 206 21 0 0 185 1,166 815 352 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

12,858 3,313 10 3 0 0 7 3,303 2,892 411 9,545 1,293

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

8,966 3,593 612 34 0 0 578 2,981 750 2,096 5,373 420

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

2,021 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

2,035 1,192 202 32 19 0 170 990 821 119 843 434

2,112 1,058 129 20 8 0 109 929 802 90 1,053 373

1,746 876 124 15 4 0 109 752 652 83 870 339

1,708 1,024 97 10 2 0 87 927 771 147 684 295

1,562 1,016 85 7 0 0 78 931 853 73 545 266

-30 337

-177 601

3,604 942

7,433 9,331

4,583 -1,378

2,110 -560

15,342 14,753

9,341 12,521

0 0 0

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

2012

2013

2014

2015

2016

2017

2018

2019

617 78

352 65

324 55

260 46

234 39

203 32

180 26

170 21

7,035 1,546

5,381 1,395

7,409 1,245

8,832 969

5,806 681

2,213 549

70 525

3,070 523

Notes: Long-term public and publicly guaranteed, long-term private nonguaranteed, and short-term debt data for 2011 are World Bank staff estimates based on reports provided by the country. 193

MALDIVES (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

206.4 184.7 184.7 0.0 0.4 21.4 0.0

389.1 326.5 326.5 0.0 6.3 56.3 0.3

580.6 473.1 378.5 94.6 6.6 100.9 0.2

853.1 656.4 437.9 218.5 6.9 189.8 0.0

917.3 697.1 488.6 208.5 4.4 215.9 1.6

981.0 774.5 558.7 215.8 20.9 185.6 1.0

1007.4 756.1 640.9 115.2 27.6 223.7 2.9

983.0 726.3 684.4 41.9 27.5 229.2 1.3

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

0.0 183.4 1.2 38.1

0.0 299.5 27.0 73.7

0.0 354.5 118.6 144.4

0.0 416.9 239.5 70.8

8.6 470.6 226.5 193.7

8.8 543.7 230.8 118.7

2.4 628.9 127.2 127.2

4.2 675.4 50.9 140.0

External debt flows Disbursements Long-term external debt IMF purchases

13.6 13.6 0.0

55.6 49.5 6.1

80.1 80.1 0.0

105.2 105.2 0.0

144.9 144.9 0.0

164.7 156.8 7.9

176.3 168.5 7.8

124.5 124.5 0.0

Principal repayments Long-term external debt IMF repurchases

13.9 13.9 0.0

24.8 24.8 0.0

32.4 32.4 0.0

51.7 51.7 0.0

67.2 64.7 2.4

70.6 67.4 3.2

63.5 62.7 0.8

73.6 73.6 0.0

Net flows Long-term external debt Short-term external debt

-3.8 -0.4 -3.5

54.8 24.7 24.0

92.4 47.7 44.7

142.7 53.6 89.1

102.2 80.2 24.5

64.5 89.4 -29.6

148.9 105.8 36.1

58.0 50.9 7.2

Interest payments Long-term external debt IMF charges Short-term external debt

5.9 4.7 0.0 1.2

11.1 9.0 0.2 2.0

17.7 12.3 0.3 5.1

28.4 17.8 0.4 10.2

29.3 20.5 0.3 8.6

22.8 17.2 0.1 5.5

21.0 11.2 0.2 9.7

20.3 11.4 0.2 8.6

22.3 ..

53.0 ..

63.8 ..

90.6 ..

134.8 ..

112.3 ..

163.8 ..

281.6 ..

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 0.2 0.0 53.3

8.6 0.0 0.0 0.0 55.3

14.9 0.0 0.0 0.0 51.3

20.8 0.0 0.0 0.0 47.8

22.7 0.3 0.0 0.0 47.0

19.1 1.3 0.0 0.0 53.7

18.7 4.6 0.0 0.0 47.2

19.0 4.9 0.0 0.0 43.9

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

2.3 23.7 5.5

1.6 23.3 6.5

0.6 12.6 2.9

6.6 8.8 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

594.3 467.5 2.2 492.0 34.4 -51.5 122.8

945.4 495.4 2.3 910.4 31.0 -273.0 189.0

1241.8 792.7 2.8 1102.8 41.0 -302.0 234.4

1469.4 898.8 3.0 1322.9 44.9 -437.8 311.4

1805.6 1063.1 3.4 1646.9 35.9 -647.3 243.6

1858.3 833.7 3.7 1195.7 26.4 -418.7 275.6

1983.8 953.4 4.1 1349.4 30.8 -462.7 364.3

1959.6 .. 4.5 .. .. -490.1 348.7

44.1 34.7 4.2 10.3 57.5 59.5 3.0

78.5 41.2 7.3 14.5 44.7 48.6 2.5

73.2 46.8 6.3 17.4 37.3 40.4 2.6

94.9 58.1 8.9 22.2 30.5 36.5 2.8

86.3 50.8 9.1 23.5 30.0 26.6 1.8

117.7 52.8 11.2 18.9 28.7 28.1 2.8

105.7 50.8 8.9 22.2 30.0 36.2 3.2

.. 50.2 .. 23.3 30.6 35.5 ..

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

6. Ratios

194

MALDIVES (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

184.7 184.7 154.8 118.8 0.0 46.4 36.0 29.9 0.0 19.5 0.0 0.0

326.5 326.5 277.0 173.9 0.0 64.4 103.1 49.6 0.0 48.3 0.0 0.0

473.1 378.5 315.9 216.6 0.0 69.8 99.3 62.6 0.0 61.5 94.6 0.0

656.4 437.9 353.5 260.5 0.0 76.7 93.0 84.4 0.0 83.5 218.5 0.0

697.1 488.6 374.3 275.3 0.0 79.1 99.0 114.2 0.0 113.6 208.5 0.0

774.5 558.7 461.2 282.0 0.0 84.2 179.2 97.5 0.0 97.0 215.8 0.0

756.1 640.9 535.4 302.7 0.0 98.6 232.7 105.5 0.0 105.3 115.2 0.0

726.3 684.4 574.4 300.7 0.0 102.7 273.7 109.9 0.0 109.9 41.9 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

13.6 13.6 6.3 6.1 0.0 3.3 0.2 7.3 0.0 4.0 0.0 0.0

49.5 49.5 33.2 16.1 0.0 4.6 17.1 16.3 0.0 16.3 0.0 0.0

80.1 63.7 46.3 38.9 0.0 3.4 7.4 17.5 0.0 17.5 16.4 0.0

105.2 71.2 42.6 39.0 0.0 5.2 3.5 28.6 0.0 28.6 34.0 0.0

144.9 100.2 52.8 36.0 0.0 4.2 16.8 47.4 0.0 47.4 44.7 0.0

156.8 112.0 107.3 16.0 0.0 5.8 91.3 4.6 0.0 4.6 44.8 0.0

168.5 142.4 108.4 46.6 0.0 17.3 61.8 34.0 0.0 34.0 26.1 0.0

124.5 115.9 82.6 21.5 0.0 6.5 61.1 33.2 0.0 33.2 8.6 0.0

13.9 13.9 6.7 2.4 0.0 0.4 4.3 7.3 0.0 5.8 0.0 0.0

24.8 24.8 15.8 4.3 0.0 1.0 11.5 9.0 0.0 7.3 0.0 0.0

32.4 24.0 16.6 4.6 0.0 1.1 12.0 7.5 0.0 7.2 8.4 0.0

51.7 31.2 20.5 8.7 0.0 1.1 11.8 10.7 0.0 10.4 20.5 0.0

64.7 40.9 25.5 15.0 0.0 1.2 10.5 15.4 0.0 15.1 23.9 0.0

67.4 47.1 24.2 13.7 0.0 1.3 10.5 22.9 0.0 22.7 20.3 0.0

62.7 53.8 29.9 18.6 0.0 1.6 11.3 23.9 0.0 23.6 8.9 0.0

73.6 69.7 44.2 21.1 0.0 1.9 23.1 25.5 0.0 25.3 3.9 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

4.7 4.7 2.6 1.5 0.0 0.3 1.1 2.2 0.0 1.8 0.0 0.0

9.0 9.0 6.7 2.1 0.0 0.5 4.6 2.2 0.0 2.2 0.0 0.0

12.3 10.2 7.4 2.2 0.0 0.5 5.2 2.8 0.0 2.8 2.1 0.0

17.8 12.4 8.6 3.7 0.0 0.5 4.8 3.8 0.0 3.8 5.4 0.0

20.5 13.6 8.6 4.8 0.0 0.6 3.8 5.0 0.0 5.0 6.9 0.0

17.2 12.9 7.6 4.3 0.0 0.6 3.2 5.3 0.0 5.3 4.2 0.0

11.2 9.7 6.0 3.2 0.0 0.7 2.8 3.7 0.0 3.7 1.5 0.0

11.4 10.9 6.6 3.2 0.0 0.8 3.4 4.3 0.0 4.3 0.5 0.0

-12.9 -3.8

23.4 54.8

191.5 92.4

272.5 142.7

64.2 102.2

63.7 64.5

26.4 148.9

-24.4 58.0

0.0 0.0 0.0

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

2012

2013

2014

2015

2016

2017

2018

2019

119.1 7.0

35.6 7.4

45.7 7.4

43.5 7.4

51.1 7.2

46.9 6.9

45.0 6.6

44.8 6.3

38.2 14.9

26.0 11.0

23.8 7.8

18.4 5.7

15.0 4.1

11.4 2.8

9.8 1.8

8.8 0.9

Notes: Long-term private nonguaranteed and short-term debt data from 2006 are World Bank staff estimates based on reports provided by the country.

195

MALI (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

2,981 2,671 2,671 0 196 114 42

3,224 3,036 3,036 0 132 55 6

1,615 1,553 1,553 0 32 30 6

1,851 1,807 1,807 0 38 6 6

2,056 1,985 1,985 0 65 7 7

2,211 2,002 2,002 0 184 25 1

2,464 2,271 2,271 0 187 6 0

2,931 2,508 2,508 0 230 193 18

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

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 0 556

47 2,508 0 671

External debt flows Disbursements Long-term external debt IMF purchases

109 100 9

282 280 2

151 145 6

261 257 4

263 234 28

497 494 3

318 312 6

338 293 46

Principal repayments Long-term external debt IMF repurchases

66 50 16

69 52 17

58 58 0

43 43 0

44 44 0

46 46 0

39 39 0

41 40 1

Net flows Long-term external debt Short-term external debt

-31 50 -73

219 228 5

68 87 -25

194 214 -24

218 190 0

475 448 24

260 272 -18

466 252 169

Interest payments Long-term external debt IMF charges Short-term external debt

27 18 2 8

31 27 1 3

27 24 1 2

21 19 1 1

25 24 0 0

23 22 1 0

22 21 0 0

27 25 0 1

82 0

175 9

17 3

-50 -6

100 -3

103 -3

27 1

178 ..

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 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

3.2 0.0 0.0 0.0 37.8

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

0.9 28.1 8.5

1.0 32.8 7.3

0.0 0.0 0.0

5.9 11.4 4.9

4.0 11.2 4.7

0.0 0.0 0.0

2,392 665 73 1,046 76 -255 382

5,099 1,443 177 2,108 190 -438 854

5,524 1,933 212 2,476 251 -219 970

7,146 2,004 344 2,985 262 -581 1,087

8,425 2,653 431 4,171 326 -1,063 1,072

8,508 2,210 454 3,351 459 -655 1,604

9,003 2,508 473 4,236 402 -1,190 1,344

10,082 .. 457 .. 0 .. 1,379

448.5 124.6 14.1 3.8 50.8 12.8 4.4

223.4 63.2 6.9 1.7 69.5 26.5 4.9

83.6 29.2 4.4 1.9 43.5 60.0 4.7

92.3 25.9 3.2 0.3 52.1 58.7 4.4

77.5 24.4 2.6 0.3 55.8 52.1 3.1

100.1 26.0 3.1 1.1 70.8 72.6 5.7

98.2 27.4 2.5 0.2 72.6 54.6 3.8

.. 29.1 .. 6.6 68.3 47.0 ..

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

6. Ratios

196

MALI (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

2,508 2,508 2,504 2,001 0 981 503 4 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

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

293 293 293 256 0 152 36 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

40 40 39 25 0 4 14 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

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

24 24 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

25 25 25 16 0 7 9 0 0 0 0 0

-237 -31

-66 219

-1,608 68

235 194

205 218

155 475

253 260

467 466

0 34 45

0 33 0

0 1,898 0

0 105 0

0 9 0

0 498 0

0 0 0

0 20 0

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

2012

2013

2014

2015

2016

2017

2018

2019

102 28

103 31

105 33

113 34

109 34

123 34

150 33

158 32

6 0

1 0

0 0

Notes: Short-term debt is based on data from the BIS. The data for Principal Arrears on long-term are revised from 2001. Data include the effects of HIPC and MDRI debt relief. 197

MAURITANIA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

2,390 2,029 2,029 0 111 251 112

2,322 2,072 2,072 0 83 167 109

1,633 1,389 1,389 0 15 229 130

1,719 1,437 1,437 0 29 254 128

2,001 1,669 1,669 0 31 301 135

2,144 1,840 1,840 0 113 192 134

2,556 2,174 2,174 0 145 237 76

2,709 2,380 2,380 0 178 151 77

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

337 2,029 0 106

213 2,072 0 395

223 1,389 0 172

218 1,437 0 307

252 1,669 0 326

212 1,840 0 692

134 2,174 0 470

134 2,380 0 345

External debt flows Disbursements Long-term external debt IMF purchases

123 115 8

143 143 0

175 175 0

197 185 13

297 294 3

263 263 0

446 412 34

313 279 35

Principal repayments Long-term external debt IMF repurchases

52 46 6

42 33 10

66 44 23

93 93 0

38 38 0

53 53 0

76 76 0

72 72 0

Net flows Long-term external debt Short-term external debt

62 69 -9

92 111 -9

149 131 41

131 92 27

300 257 40

102 210 -108

473 336 103

154 207 -87

Interest payments Long-term external debt IMF charges Short-term external debt

32 20 1 11

23 20 1 3

26 20 1 5

28 23 1 5

26 21 0 4

25 23 0 1

33 31 0 1

39 37 0 2

40 ..

814 ..

155 ..

139 ..

343 ..

-3 ..

131 ..

45 ..

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 0.4 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

6.7 0.0 0.0 0.0 45.6

1.9 28.5 7.5

3.3 21.8 5.4

1.6 29.6 8.3

2.6 27.3 5.6

2.8 25.6 6.2

6.1 15.1 4.2

2.2 21.9 5.8

2.8 25.9 6.1

0.0 0.0 0.0

5.8 9.8 1.8

0.0 0.0 0.0

1,304 .. .. .. .. .. 46

2,249 .. .. .. .. .. 64

2,963 1,573 .. 1,778 .. 159 187

3,348 1,627 .. 2,286 .. 144 198

3,616 2,056 .. 2,776 .. -523 189

3,079 1,641 .. 2,176 .. -405 225

3,545 2,306 .. 2,787 .. -319 272

3,826 3,103 .. 3,549 .. -295 485

.. 183.3 .. 10.5 41.6 1.9 ..

.. 103.2 .. 7.2 60.9 2.8 ..

103.8 55.1 5.8 14.0 44.7 11.5 1.3

105.7 51.4 7.5 14.8 46.5 11.5 1.0

97.3 55.3 3.1 15.0 46.1 9.4 0.8

130.7 69.6 4.7 8.9 51.4 10.5 1.2

110.8 72.1 4.7 9.3 52.8 10.6 1.2

87.3 70.8 3.6 5.6 54.1 17.9 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

6. Ratios

198

MAURITANIA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

2,380 2,380 2,380 1,466 0 345 913 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

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

279 279 279 172 0 32 106 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

72 72 71 56 0 1 15 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

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

37 37 37 23 0 3 14 0 0 0 0 0

-155 62

-17 92

-689 149

87 131

281 300

144 102

412 473

153 154

11 53 0

10 20 0

0 905 0

0 67 0

0 34 0

0 2 0

116 175 0

0 2 0

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

2012

2013

2014

2015

2016

2017

2018

2019

121 66

159 81

171 85

170 84

194 80

200 75

210 68

224 61

0 0

Notes: Short-term debt is based on data from the BIS. Data include the effects of HIPC and MDRI debt relief.

199

MAURITIUS (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

967 946 828 118 21 0 0

805 782 716 66 23 0 0

670 646 598 49 24 0 0

714 689 627 62 25 0 0

669 645 596 49 24 0 0

978 818 737 81 152 8 0

1,225 1,072 972 100 149 3 0

1,435 1,277 1,166 111 149 9 0

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

0 828 118 101

0 716 66 62

0 598 49 75

0 627 62 150

0 596 49 114

0 737 81 1,260

0 972 100 266

0 1,166 111 52

External debt flows Disbursements Long-term external debt IMF purchases

128 128 0

138 138 0

58 58 0

118 118 0

114 114 0

285 285 0

388 388 0

334 334 0

Principal repayments Long-term external debt IMF repurchases

401 401 0

197 197 0

226 226 0

126 126 0

145 145 0

121 121 0

113 113 0

139 139 0

Net flows Long-term external debt Short-term external debt

-273 -273 0

-59 -59 0

-168 -168 0

-8 -8 0

-31 -31 0

164 164 0

270 275 -4

200 195 6

Interest payments Long-term external debt IMF charges Short-term external debt

53 52 1 0

30 30 1 0

31 30 1 0

29 28 1 0

26 26 0 0

21 21 0 0

18 17 0 0

23 23 0 0

266 -4

42 36

107 35

341 50

378 34

257 206

430 7,821

273 9,387

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

.. 2.6 1.6 0.3 47.1

49.1 5.5 1.5 0.2 25.8

51.7 5.9 1.6 0.2 20.9

50.1 6.2 1.5 0.2 21.8

45.4 8.2 1.4 0.1 24.9

40.8 6.0 1.1 0.0 32.6

32.0 4.8 0.8 0.0 31.4

29.7 3.8 0.6 0.0 35.0

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

0.9 10.7 3.6

7.5 1.9 1.9

2.5 1.0 0.0

10.4 3.0 3.0

0.0 0.0 0.0

2.8 11.3 1.8

0.0 0.0 0.0

4,553 2,671 177 2,772 8 -37 897

6,276 3,899 215 4,284 34 -324 1,340

6,559 4,374 215 5,050 88 -604 1,270

8,016 5,259 215 5,818 90 -434 1,780

9,714 5,748 215 6,948 163 -976 1,743

8,785 4,635 211 5,514 195 -655 2,179

9,833 9,966 226 11,155 4,416 -1,006 2,442

11,499 11,960 249 13,514 5,355 -1,422 2,583

36.2 21.2 17.0 .. 22.3 92.8 3.9

20.6 12.8 5.8 .. 31.1 166.4 3.8

15.3 10.2 5.9 .. 33.0 189.4 3.0

13.6 8.9 2.9 .. 35.5 249.4 3.7

11.6 6.9 3.0 .. 40.3 260.4 3.0

21.1 11.1 3.1 0.8 38.5 222.9 4.7

12.3 12.5 1.3 0.3 40.9 199.4 2.6

12.0 12.5 1.4 0.7 40.8 180.0 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

6. Ratios

200

MAURITIUS (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

946 828 494 216 86 13 278 334 0 324 118 0

782 716 504 250 68 10 253 213 0 162 66 0

646 598 440 221 61 10 219 158 0 125 49 0

689 627 497 253 81 9 243 130 0 100 62 0

645 596 500 270 103 9 230 96 0 72 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

1,277 1,166 1,100 586 242 7 514 66 0 57 111 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

128 119 43 17 4 0 26 76 0 76 9 0

138 126 62 31 2 0 31 64 0 61 11 0

58 47 28 14 1 0 14 19 0 19 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

334 283 282 121 52 0 161 1 0 1 51 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

145 110 83 26 9 1 56 27 0 23 35 0

121 84 51 25 8 1 26 33 0 28 37 0

113 64 44 22 6 1 23 20 0 15 49 0

139 78 56 29 5 1 27 21 0 17 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

52 51 23 9 5 0 14 29 5 22 1 0

30 30 19 7 2 0 13 10 0 8 0 0

30 30 19 9 3 0 10 11 0 9 0 0

28 28 18 9 4 0 9 10 0 8 1 0

26 25 18 9 4 0 9 7 0 6 0 0

21 20 16 7 3 0 9 4 0 3 1 0

17 16 15 5 3 0 9 2 0 2 1 0

23 22 20 6 2 0 14 2 0 2 1 0

-326 -273

-144 -59

-135 -168

44 -8

-45 -31

308 164

247 270

210 200

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

2012

2013

2014

2015

2016

2017

2018

2019

66 25

65 27

103 28

165 28

175 26

170 23

167 21

165 18

43 5

40 4

24 3

19 2

14 1

12 1

11 1

11 0

Notes: Long-term private nonguaranteed and short-term debt data from 2009 are World Bank staff estimates 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. 201

MEXICO (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

152,260 132,951 82,470 50,481 378 18,932 0

175,919 153,304 118,146 35,158 415 22,201 0

173,457 146,763 107,858 38,905 436 26,258 0

199,221 171,401 125,528 45,872 458 27,362 0

206,739 177,887 133,105 44,782 447 28,405 0

199,944 167,885 123,363 44,521 4,470 27,590 0

243,824 200,420 150,793 49,627 4,391 39,013 0

287,037 231,325 171,824 59,501 4,377 51,335 0

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

0 82,192 50,758 10,828

0 118,112 35,192 17,785

0 107,851 38,912 17,142

0 125,526 45,875 24,990

0 133,105 44,782 24,384

0 123,363 44,521 28,156

0 150,793 49,627 44,148

0 171,824 59,501 32,712

External debt flows Disbursements Long-term external debt IMF purchases

34,024 32,830 1,194

28,801 28,801 0

31,651 31,651 0

41,661 41,661 0

33,704 33,704 0

36,842 36,842 0

55,041 55,041 0

59,811 59,811 0

Principal repayments Long-term external debt IMF repurchases

44,460 38,967 5,493

25,101 25,101 0

42,437 42,437 0

24,288 24,288 0

24,565 24,565 0

22,318 22,318 0

21,683 21,683 0

28,696 28,696 0

Net flows Long-term external debt Short-term external debt

-15,566 -6,137 -5,130

5,588 3,699 1,889

-6,729 -10,786 4,057

18,477 17,373 1,104

10,181 9,138 1,043

13,709 14,524 -815

44,781 33,358 11,423

43,437 31,115 12,322

Interest payments Long-term external debt IMF charges Short-term external debt

14,235 12,174 170 1,892

11,357 9,398 13 1,947

12,190 10,507 18 1,665

13,748 11,717 16 2,016

10,886 9,975 4 907

9,529 8,792 10 726

10,806 8,346 14 2,446

13,394 10,891 5 2,498

18,110 447

24,407 3,353

20,119 2,805

31,492 -482

27,140 -3,503

16,119 4,169

20,709 641

19,554 -6,244

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

.. 7.5 0.2 0.0 84.0

1.0 1.6 0.1 0.1 87.9

1.2 0.9 0.1 0.2 86.3

1.0 0.7 0.1 0.2 81.8

0.8 0.8 0.0 0.1 83.7

6.0 3.7 1.0 0.4 69.4

4.8 4.5 0.8 0.4 63.4

4.2 3.9 0.7 0.4 59.1

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 17.3 10.9

1.0 19.9 8.1

8.4 9.4 9.1

5.2 21.8 8.7

4.7 16.7 8.2

4.3 28.3 11.6

6.6 17.4 9.7

4.1 20.5 9.4

2.4 28.1 11.1

1.8 41.0 13.7

566,409 185,853 7,525 211,589 6,076 -18,742 35,509

833,249 235,409 22,742 263,407 7,888 -5,861 74,054

933,709 272,390 26,543 302,861 10,174 -4,522 76,271

1,016,613 297,201 26,871 332,972 12,067 -9,376 87,109

1,077,995 317,709 26,035 358,912 10,096 -15,741 95,126

868,793 251,216 22,014 277,768 7,901 -5,021 99,589

1,024,005 321,952 22,048 346,301 6,560 -2,844 120,265

1,139,090 374,702 23,516 406,633 10,189 -9,030 143,991

81.9 26.9 31.6 12.4 11.3 23.3 2.0

74.7 21.1 15.5 12.6 9.4 42.1 3.4

63.7 18.6 20.1 15.1 4.7 44.0 3.0

67.0 19.6 12.8 13.7 4.6 43.7 3.1

65.1 19.2 11.2 13.7 5.2 46.0 3.2

79.6 23.0 12.7 13.8 8.6 49.8 4.3

75.7 23.8 10.1 16.0 8.9 49.3 4.2

76.6 25.2 11.2 17.9 8.2 50.2 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

6. Ratios

202

MEXICO (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

132,951 82,470 20,892 17,280 11,444 0 3,612 61,577 53,693 5,281 50,481 20,644

153,304 118,146 18,790 16,498 8,881 0 2,292 99,356 78,193 20,272 35,158 19,442

146,763 107,858 10,280 8,227 4,211 0 2,053 97,578 75,837 20,940 38,905 19,389

171,401 125,528 11,022 9,128 4,540 0 1,894 114,506 89,356 24,414 45,872 22,680

177,887 133,105 12,427 10,658 5,867 0 1,769 120,679 97,385 22,590 44,782 19,958

167,885 123,363 21,219 17,239 10,143 0 3,980 102,144 82,872 17,552 44,521 21,525

200,420 150,793 26,162 21,620 12,462 0 4,542 124,630 102,336 19,530 49,627 29,997

231,325 171,824 28,399 23,513 13,590 0 4,886 143,426 122,879 17,926 59,501 36,223

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

32,830 11,483 2,855 2,534 1,748 0 322 8,628 7,368 1,096 21,346 3,346

28,801 17,995 2,309 1,946 997 0 363 15,686 12,949 2,665 10,806 6,669

31,651 17,145 2,365 2,108 1,429 0 257 14,780 10,237 4,439 14,506 4,506

41,661 23,952 2,165 1,739 671 0 426 21,786 20,073 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

36,842 26,763 8,719 7,571 4,882 0 1,148 18,044 15,735 1,728 10,079 5,067

55,041 42,197 6,221 4,747 2,449 0 1,474 35,976 26,819 7,125 12,844 11,298

59,811 34,162 4,617 3,621 2,072 0 996 29,545 26,845 1,898 25,649 18,065

38,967 16,337 3,386 1,825 1,330 0 1,561 12,950 9,256 2,870 22,630 3,552

25,101 15,686 2,530 1,985 1,379 0 545 13,155 9,989 2,983 9,416 2,645

42,437 31,574 10,951 10,424 6,100 0 527 20,623 15,003 5,414 10,864 4,703

24,288 13,544 1,543 905 342 0 638 12,001 10,307 1,482 10,744 2,536

24,565 14,831 1,463 1,123 596 0 339 13,368 10,642 2,542 9,735 3,247

22,318 11,872 1,795 1,113 669 0 682 10,077 4,965 4,296 10,446 3,500

21,683 13,941 1,679 669 194 0 1,009 12,263 7,118 4,132 7,742 2,826

28,696 12,371 1,944 1,301 809 0 643 10,427 5,851 3,520 16,325 2,216

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

12,174 7,923 1,554 1,276 890 0 278 6,368 4,897 877 4,251 1,620

9,398 7,532 848 770 437 0 78 6,685 6,247 404 1,866 957

10,507 7,241 913 832 461 0 80 6,329 5,876 414 3,266 1,621

11,717 7,934 514 434 232 0 80 7,420 7,030 355 3,783 1,694

9,975 7,176 458 394 200 0 64 6,718 6,381 309 2,799 1,310

8,792 6,019 551 459 247 0 92 5,468 4,856 562 2,773 1,583

8,346 5,861 628 531 246 0 97 5,232 4,927 280 2,486 1,379

10,891 7,322 733 631 247 0 102 6,589 6,260 304 3,570 1,761

-14,927 -15,566

6,371 5,588

-2,462 -6,729

25,764 18,477

7,518 10,181

-6,794 13,709

43,879 44,781

43,214 43,437

0 478 6,644

0 0 0

0 0 1,746

0 0 438

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

2012

2013

2014

2015

2016

2017

2018

2019

1,582 446

1,522 418

1,480 385

1,427 349

1,677 320

1,395 289

1,850 260

1,202 237

30,118 8,915

21,752 7,647

18,577 6,863

16,234 6,150

11,121 5,570

15,686 4,843

8,006 4,187

15,233 3,670

203

MOLDOVA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

1,843 1,047 850 197 308 489 22

2,219 1,238 698 540 264 718 56

2,622 1,462 744 718 318 842 15

3,365 1,941 783 1,158 346 1,079 21

3,655 2,019 805 1,214 347 1,289 22

3,766 2,011 809 1,203 338 1,417 38

4,818 2,745 839 1,906 509 1,564 37

5,452 2,899 857 2,042 655 1,899 42

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

33 839 208 20

78 698 540 24

72 744 718 49

92 783 1,158 96

97 805 1,214 97

173 809 1,203 83

172 839 1,906 439

189 857 2,042 94

External debt flows Disbursements Long-term external debt IMF purchases

176 164 12

237 237 0

423 359 64

621 588 33

521 484 36

284 284 0

647 464 183

688 531 158

Principal repayments Long-term external debt IMF repurchases

82 57 25

184 163 22

259 235 24

241 219 22

416 391 25

318 303 15

314 306 8

374 368 6

Net flows Long-term external debt Short-term external debt

560 107 465

157 75 104

330 125 165

611 369 231

313 94 208

79 -19 113

481 159 148

644 163 330

Interest payments Long-term external debt IMF charges Short-term external debt

75 46 15 14

71 42 8 21

83 38 10 35

106 50 8 47

89 56 3 29

72 54 1 16

82 49 1 32

94 58 1 35

128 3

191 1

259 2

536 2

727 11

135 2

202 6

287 5

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

.. 3.4 0.0 0.0 67.1

7.6 3.3 0.0 0.0 68.9

8.0 3.0 0.0 0.0 69.5

8.7 2.8 0.0 0.0 69.3

9.9 3.3 0.0 0.0 67.2

11.4 2.9 0.0 0.0 66.5

10.3 2.8 0.0 0.0 69.1

11.7 2.5 0.0 0.0 68.6

0.4 39.7 10.2

1.5 29.5 7.4

0.8 39.4 10.1

3.0 23.8 6.2

5.0 22.7 5.9

1.2 26.6 8.4

2.2 16.7 6.0

0.8 24.8 2.5

5.9 3.2 3.2

0.0 0.0 0.0

6.8 5.8 0.7

0.0 0.0 0.0

4.5 3.3 0.3

4.2 3.9 1.3

4.6 3.7 0.3

1,310 780 179 1,089 3 -98 222

3,347 1,871 915 2,673 45 -226 597

3,809 1,928 1,176 3,129 108 -386 775

4,819 2,456 1,491 4,359 182 -671 1,334

6,653 3,055 1,888 5,673 152 -979 1,672

5,742 2,306 1,199 3,991 156 -465 1,480

6,310 2,740 1,351 4,531 147 -460 1,718

7,568 3,649 1,600 5,971 264 -802 1,965

236.2 140.7 20.0 26.5 21.9 12.1 2.5

118.6 66.3 13.6 32.3 18.4 26.9 2.7

136.0 68.8 17.7 32.1 16.4 29.6 3.0

137.0 69.8 14.1 32.1 14.1 39.6 3.7

119.7 54.9 16.5 35.3 13.8 45.8 3.5

163.4 65.6 16.9 37.6 13.9 39.3 4.5

175.8 76.4 14.5 32.5 11.7 35.7 4.5

149.4 72.0 12.8 34.8 11.3 36.0 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

6. Ratios

204

MOLDOVA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

1,462 744 711 430 151 242 280 33 19 6 718 0

1,941 783 759 473 141 292 286 24 13 5 1,158 0

2,019 805 790 504 129 311 286 15 6 4 1,214 0

2,011 809 790 524 110 332 266 19 0 4 1,203 0

2,745 839 823 565 93 386 258 16 0 3 1,906 0

2,899 857 836 615 75 434 221 21 0 6 2,042 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 54 52 50 6 30 1 2 0 0 110 0

237 26 26 25 0 24 1 0 0 0 211 0

359 40 31 29 0 23 3 8 0 0 320 0

588 47 47 47 0 39 1 0 0 0 541 0

484 53 53 53 0 24 0 0 0 0 432 0

284 54 41 41 0 21 0 13 0 0 230 0

464 94 89 74 0 64 15 5 0 0 370 0

531 94 81 81 0 55 0 14 0 4 436 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

235 53 45 23 14 0 22 8 6 1 181 0

219 43 34 21 15 1 13 9 6 1 176 0

391 44 35 22 17 2 13 8 6 0 347 0

303 55 46 25 18 3 22 9 6 1 248 0

306 55 47 25 18 4 22 8 0 1 251 0

368 71 63 26 19 5 38 8 0 1 297 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

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 17 15 11 7 2 5 1 1 0 39 0

54 22 21 9 4 2 12 1 0 0 32 0

49 16 16 6 1 2 9 1 0 0 33 0

58 16 16 8 1 3 8 0 0 0 42 0

664 560

108 157

403 330

743 611

290 313

111 79

1,052 481

634 644

246 0 0

0 0 0

88 0 0

32 0 0

31 0 0

0 0 0

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

2012

2013

2014

2015

2016

2017

2018

2019

75 17

75 22

71 22

64 21

58 20

65 19

66 17

72 15

513 61

363 45

323 31

186 22

148 16

111 11

93 7

74 3

205

MONGOLIA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

960 833 833 0 114 13 2

1,396 1,267 1,267 0 105 25 0

1,514 1,363 1,361 3 104 46 0

1,759 1,581 1,576 5 103 75 0

1,908 1,705 1,657 48 95 108 0

2,215 1,885 1,817 68 258 72 0

2,506 2,003 1,782 221 273 230 0

2,564 2,057 1,826 231 268 239 0

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

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 1,817 68 179

11 1,782 221 78

11 1,826 231 94

External debt flows Disbursements Long-term external debt IMF purchases

83 75 8

91 91 0

92 92 0

167 167 0

122 122 0

405 239 166

260 236 23

123 123 0

Principal repayments Long-term external debt IMF repurchases

28 22 6

23 17 6

31 25 6

37 30 7

46 41 5

77 70 7

144 139 5

82 78 4

Net flows Long-term external debt Short-term external debt

45 53 -9

-73 74 -142

82 67 21

160 137 29

109 81 33

292 169 -36

274 97 158

50 45 9

Interest payments Long-term external debt IMF charges Short-term external debt

13 9 3 1

22 15 2 5

20 15 3 2

21 15 3 3

35 30 1 5

31 29 1 1

28 24 2 2

32 26 3 3

54 ..

185 ..

344 ..

373 1

845 13

624 4

1,691 680

4,715 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

.. 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 43.8

8.1 20.5 0.0 0.5 43.8

7.4 22.9 0.0 0.6 40.2

7.4 22.5 0.0 0.6 40.5

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 39.2 9.8

0.7 31.0 9.7

0.8 39.1 10.1

1.1 27.2 5.2

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

1,132 627 12 791 9 -70 179

2,472 1,494 180 1,635 41 84 333

3,353 2,048 181 2,042 145 222 583

4,137 2,586 178 2,627 126 172 802

5,450 3,045 225 3,956 109 -690 561

4,388 2,322 200 2,850 121 -342 1,294

5,640 3,423 266 4,496 464 -886 2,197

7,832 5,481 279 8,480 632 -2,760 2,275

153.2 84.8 6.6 1.3 48.1 18.6 2.7

93.5 56.5 3.0 1.8 56.4 23.9 2.4

73.9 45.1 2.5 3.0 56.4 38.5 3.4

68.0 42.5 2.2 4.3 53.7 45.6 3.7

62.7 35.0 2.7 5.7 50.5 29.4 1.7

95.4 50.5 4.6 3.3 48.3 58.4 5.5

73.2 44.4 5.0 9.2 42.8 87.7 5.9

46.8 32.7 2.1 9.3 43.4 88.7 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

6. Ratios

206

MONGOLIA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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 0 338 607 86 75 0 48 0

1,885 1,817 1,733 1,069 0 392 664 84 75 0 68 0

2,003 1,782 1,775 1,073 0 403 702 7 0 0 221 0

2,057 1,826 1,814 1,113 0 447 701 12 0 0 231 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 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

122 75 75 43 0 13 32 0 0 0 47 0

239 212 212 113 0 55 99 0 0 0 27 0

236 66 66 39 0 22 27 0 0 0 170 0

123 87 83 67 0 53 15 5 0 0 35 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

70 62 59 17 0 4 42 2 0 0 8 0

139 122 44 19 0 4 25 77 75 0 18 0

78 54 54 22 0 6 31 0 0 0 24 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 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

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

26 20 20 11 0 3 9 0 0 0 6 0

-21 45

-197 -73

117 82

245 160

149 109

307 292

291 274

59 50

0 0 0

3 17 0

0 0 0

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

2012

2013

2014

2015

2016

2017

2018

2019

73 24

72 25

74 25

79 24

79 25

92 24

94 22

68 12

50 9

39 6

23 4

19 3

14 2

12 1

9 1

Notes: Long-term private nonguaranteed debt data (excluding bonds) only cover European Bank for Reconstruction and Development lending.

207

MONTENEGRO (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

.. .. .. .. .. .. ..

880 841 829 12 39 0 0

1,299 854 844 10 41 405 0

1,502 860 851 9 40 602 0

2,357 1,109 1,094 15 40 1,207 0

1,594 1,368 1,350 19 40 186 0

2,093 1,599 1,545 54 40 455 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

0 844 10 189

0 851 9 74

0 1,094 15 395

0 1,350 19 637

0 1,446 152 491

External debt flows Disbursements Long-term external debt IMF purchases

.. .. ..

88 88 0

74 74 0

64 64 0

248 248 0

386 386 0

394 394 0

Principal repayments Long-term external debt IMF repurchases

.. .. ..

13 13 0

109 109 0

28 28 0

25 25 0

61 61 0

127 127 0

Net flows Long-term external debt Short-term external debt

.. .. ..

75 75 0

-36 -36 0

233 36 197

829 224 605

-696 325 -1,021

536 267 269

Interest payments Long-term external debt IMF charges Short-term external debt

.. .. .. ..

30 28 2 0

59 35 1 23

43 28 0 15

44 28 0 15

37 34 0 2

87 80 0 7

.. ..

934 5

960 -6

1,527 -5

760 -8

558 -15

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

50.7 0.0 0.1 3.9 41.6

51.1 0.0 0.0 4.1 39.5

62.5 0.0 0.0 3.3 29.7

71.3 0.0 0.0 2.9 21.8

73.8 0.0 0.0 2.4 19.9

.. .. ..

1.2 14.7 3.8

2.4 15.7 5.4

2.6 11.3 3.9

1.7 14.4 2.4

2.5 14.9 2.9

2.7 15.2 3.3

.. .. ..

4.0 5.6 1.1

2.0 13.1 3.6

0.0 0.0 0.0

7.8 5.0 0.6

7.1 6.1 4.4

7.4 5.0 5.0

.. .. .. .. .. .. ..

2,741 .. .. .. .. .. 433

3,712 1,722 196 3,252 16 -1,449 689

4,587 1,998 298 4,391 43 -2,286 436

4,149 1,573 302 2,916 90 -1,224 573

4,082 1,670 301 2,834 100 -1,012 556

4,586 2,099 343 3,144 44 -882 393

.. .. .. .. .. .. ..

.. 32.1 .. .. 61.7 49.2 ..

75.5 35.0 9.8 31.2 42.0 53.0 2.5

75.2 32.7 3.5 40.1 37.0 29.0 1.2

149.8 56.8 4.4 51.2 25.1 24.3 2.4

95.4 39.1 5.9 11.7 34.9 34.9 2.4

99.7 45.6 10.2 21.7 32.2 18.8 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

6. Ratios

208

MONTENEGRO (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

.. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ..

841 829 810 543 345 47 266 19 0 19 12 0 88 86 82 40 0 14 43 3 0 3 2 0 13 12 12 8 8 0 4 0 0 0 0 0 28 28 27 21 16 0 6 1 0 1 0 0

854 844 827 546 283 56 281 17 0 17 10 0 74 73 73 45 0 7 28 0 0 0 1 0 109 105 105 98 96 0 6 1 0 1 4 0 35 34 34 28 22 0 6 1 0 1 1 0

860 851 836 556 269 71 281 15 0 15 9 0 64 60 60 37 0 15 23 0 0 0 4 0 28 25 24 14 10 0 10 1 0 1 3 0 28 27 27 22 15 0 5 0 0 0 0 0

1,109 1,094 894 592 261 75 302 201 0 201 15 0 248 242 61 41 3 4 19 181 0 181 7 0 25 23 22 15 12 0 7 1 0 1 2 0 28 28 26 19 10 1 7 2 0 2 0 0

1,368 1,350 837 556 236 79 281 512 267 245 19 0 386 374 26 11 5 3 15 348 265 83 12 0 61 60 33 16 10 0 17 27 0 27 2 0 34 33 20 14 5 1 6 13 0 13 1 0

1,599 1,545 985 674 223 83 311 560 259 301 54 0 394 353 239 164 5 4 75 114 0 114 41 0 127 125 44 22 11 0 21 82 0 82 2 0 80 79 24 16 6 1 7 55 22 33 1 0

.. ..

455 75

420 -36

203 233

855 829

-762 -696

499 536

.. .. ..

39 0 0

0 205 0

0 0 0

0 16 0

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

2012

2013

2014

2015

2016

2017

2018

2019

65 25

88 26

104 26

111 25

107 24

112 21

117 19

99 16

70 46

75 53

90 48

317 44

275 21

11 1

8 1

15 1

Notes: Long-term private nonguaranteed debt data (excluding bonds) only cover European Bank for Reconstruction and Development lending. Short-term debt is based on data from the BIS. Montenegro became independent in 2006 and started to report data in 2007. 209

MOROCCO (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

20,790 19,106 17,244 1,862 112 1,573 122

16,297 15,493 12,442 3,051 122 682 0

17,945 16,084 13,496 2,588 129 1,732 0

20,679 18,625 15,650 2,975 135 1,919 0

20,957 19,194 16,538 2,656 132 1,631 0

24,631 21,572 19,218 2,354 880 2,179 0

26,299 23,634 21,045 2,589 865 1,800 0

29,049 25,157 22,324 2,833 862 3,030 0

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

535 17,082 2,023 535

3 12,382 3,111 2,277

4 13,425 2,659 2,842

2 15,566 3,059 3,888

1 16,446 2,748 1,421

0 19,134 2,438 3,309

0 20,964 2,670 7,094

0 22,246 2,911 1,780

External debt flows Disbursements Long-term external debt IMF purchases

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

4,992 4,992 0

4,464 4,464 0

Principal repayments Long-term external debt IMF repurchases

1,632 1,632 0

2,139 2,139 0

2,784 2,784 0

3,325 3,325 0

3,452 3,452 0

2,709 2,709 0

2,428 2,428 0

2,438 2,438 0

Net flows Long-term external debt Short-term external debt

-449 6 -455

831 317 514

691 -359 1,050

838 651 187

814 1,102 -288

2,390 1,842 548

2,185 2,564 -379

3,255 2,025 1,230

Interest payments Long-term external debt IMF charges Short-term external debt

1,080 949 5 127

594 569 4 22

621 540 5 76

698 590 5 104

753 709 1 43

704 678 2 24

878 850 3 26

796 757 1 38

221 18

1,671 64

2,461 -298

2,826 -64

2,466 148

1,970 -4

1,241 132

2,521 166

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 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

56.1 6.8 0.0 0.0 9.2

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 20.3 5.0

2.3 20.5 5.7

1.6 23.8 5.7

5.6 7.7 1.0

3.6 11.8 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

0.0 0.0 0.0

36,053 10,729 2,161 13,686 268 -475 4,823

58,760 17,281 4,589 21,616 594 1,041 16,187

64,703 20,165 5,451 25,083 674 1,411 20,341

74,246 24,910 6,730 32,736 730 -122 24,123

87,411 31,613 6,894 44,910 835 -4,528 22,104

88,520 24,924 6,269 37,346 1,753 -4,971 22,797

88,576 27,913 6,423 39,109 1,445 -3,925 22,613

98,700 32,649 7,256 48,764 2,086 -8,000 19,526

193.8 57.7 25.3 7.6 29.3 23.2 4.2

94.3 27.7 15.8 4.2 36.0 99.3 9.0

89.0 27.7 16.9 9.7 37.0 113.4 9.7

83.0 27.9 16.2 9.3 38.2 116.7 8.8

66.3 24.0 13.3 7.8 40.9 105.5 5.9

98.8 27.8 13.7 8.8 40.7 92.6 7.3

94.2 29.7 11.8 6.8 38.6 86.0 6.9

89.0 29.4 9.9 10.4 38.9 67.2 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

6. Ratios

210

MOROCCO (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

19,106 17,244 12,759 6,091 2,837 27 6,668 4,485 152 3,300 1,862 0

15,493 12,442 10,119 5,874 2,258 20 4,245 2,323 472 1,466 3,051 0

16,084 13,496 11,197 6,635 2,267 18 4,562 2,300 527 1,470 2,588 0

18,625 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

23,634 21,045 17,265 10,149 2,468 13 7,116 3,780 1,336 2,251 2,589 0

25,157 22,324 18,581 11,297 2,866 12 7,284 3,743 1,294 2,304 2,833 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

1,638 980 631 466 138 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

4,992 3,876 2,251 1,246 271 0 1,005 1,625 1,327 297 1,116 0

4,464 3,242 2,950 2,253 711 0 697 292 0 292 1,222 0

1,632 1,593 928 550 307 1 377 666 30 350 39 0

2,139 1,881 1,303 689 309 1 614 578 41 372 258 0

2,784 1,558 1,063 591 330 1 473 495 0 372 1,226 0

3,325 1,861 990 525 294 1 465 872 0 777 1,464 0

3,452 1,795 1,043 592 262 1 451 753 589 119 1,656 0

2,709 1,138 966 532 238 1 434 172 0 131 1,572 0

2,428 1,274 1,090 620 202 1 470 184 0 148 1,154 0

2,438 1,484 1,277 818 208 1 460 206 0 161 955 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

949 877 548 363 190 0 185 329 14 228 71 0

569 501 388 230 87 0 158 113 25 65 68 0

540 472 361 235 88 0 126 112 25 70 67 0

590 555 443 300 104 0 143 112 27 72 34 0

709 655 536 364 125 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

757 722 569 322 60 0 247 153 63 82 35 0

-2,269 -449

-720 831

1,647 691

2,734 838

278 814

3,674 2,390

1,668 2,185

2,750 3,255

0 117 0

0 0 0

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

2012

2013

2014

2015

2016

2017

2018

2019

1,867 566

1,696 562

1,636 550

1,596 526

1,630 495

1,717 457

1,706 414

1,628 369

562 237

594 236

577 225

582 211

591 195

1,237 161

578 127

542 111

211

MOZAMBIQUE (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

7,338 6,410 4,693 1,717 361 567 411

4,393 3,367 3,367 0 312 714 525

2,792 2,041 2,041 0 173 578 496

3,048 2,344 2,344 0 187 516 387

3,489 2,726 2,726 0 183 580 449

4,138 3,165 3,165 0 342 632 465

3,734 2,897 2,897 0 357 479 381

4,097 3,617 3,617 0 355 125 5

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

714 4,693 1,717 237

464 3,367 0 170

471 2,041 0 331

418 2,344 0 410

430 2,726 0 649

440 3,165 0 474

226 2,897 0 668

25 3,617 0 731

External debt flows Disbursements Long-term external debt IMF purchases

190 131 60

331 326 5

349 344 5

334 329 5

399 399 0

599 446 153

390 368 22

527 527 0

Principal repayments Long-term external debt IMF repurchases

64 64 0

55 39 15

16 16 0

10 10 0

14 14 0

15 15 0

39 39 0

29 28 2

Net flows Long-term external debt Short-term external debt

53 67 -73

104 287 -172

226 328 -107

371 319 47

387 385 2

620 431 36

282 330 -69

520 499 22

Interest payments Long-term external debt IMF charges Short-term external debt

39 20 7 12

37 22 5 10

31 19 7 5

27 14 6 7

23 19 1 3

26 23 1 2

48 47 1 1

28 26 0 2

139 0

122 0

185 0

417 0

559 0

896 0

1,005 0

2,079 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 68.7

3.0 1.2 0.0 0.0 69.0

5.2 2.0 0.0 0.0 63.1

5.8 2.0 0.0 0.0 58.6

6.2 2.2 0.0 0.0 57.9

6.4 1.0 0.0 0.0 55.1

9.7 0.9 0.0 0.0 43.9

14.9 0.1 0.0 0.0 48.9

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 41.0 10.3

0.7 36.7 6.8

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

1.3 14.1 3.4

4,017 769 37 1,763 0 -764 723

6,219 2,186 59 3,350 284 -761 1,054

6,472 2,927 80 4,201 471 -773 1,156

7,445 3,064 99 4,452 554 -785 1,445

9,263 3,375 116 5,407 544 -1,179 1,578

9,430 2,935 111 4,918 240 -1,220 2,099

9,127 3,142 132 5,054 81 -1,250 2,159

12,766 3,614 158 6,027 223 -1,615 2,469

954.6 182.7 13.4 7.7 15.1 9.9 4.9

201.0 70.6 4.2 16.3 52.9 24.0 3.8

95.4 43.1 1.6 20.7 35.6 41.4 3.3

99.5 40.9 1.2 16.9 43.2 47.4 3.9

103.4 37.7 1.1 16.6 47.2 45.2 3.5

141.0 43.9 1.4 15.3 46.9 50.7 5.1

118.8 40.9 2.8 12.8 58.0 57.8 5.1

113.3 32.1 1.6 3.1 56.3 60.3 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

6. Ratios

212

MOZAMBIQUE (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

6,410 4,693 4,682 1,106 0 760 3,576 11 0 0 1,717 0

3,367 3,367 3,365 2,325 0 1,575 1,040 2 0 0 0 0

2,041 2,041 2,039 994 0 655 1,045 2 0 0 0 0

2,344 2,344 2,336 1,318 0 902 1,018 9 0 0 0 0

2,726 2,726 2,719 1,646 0 1,149 1,073 7 0 0 0 0

3,165 3,165 3,136 1,943 0 1,356 1,193 28 0 0 0 0

2,897 2,897 2,799 2,167 0 1,491 633 98 0 51 0 0

3,617 3,617 3,387 2,306 0 1,577 1,081 230 0 181 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

131 131 131 128 0 97 3 0 0 0 0 0

326 326 326 324 0 227 3 0 0 0 0 0

344 344 344 339 0 223 5 0 0 0 0 0

329 329 322 309 0 212 13 6 0 0 0 0

399 399 397 342 0 255 55 2 0 0 0 0

446 446 422 289 0 199 134 23 0 0 0 0

368 368 289 264 0 163 26 79 0 51 0 0

527 527 375 165 0 101 210 152 0 140 0 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

39 39 31 13 0 5 18 8 0 0 0 0

28 28 21 16 0 8 5 7 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

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 46 22 0 10 24 0 0 0 0 0

26 26 26 19 0 12 7 0 0 0 0 0

17 53

-541 104

-1,601 226

256 371

442 387

649 620

-404 282

363 520

0 113 0

0 29 0

0 1,892 0

14 139 0

0 3 0

0 0 0

0 656 0

548 149 0

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

2012

2013

2014

2015

2016

2017

2018

2019

52 54

100 60

120 62

118 61

127 59

125 56

133 54

145 51

7 5

11 6

18 6

18 5

17 5

16 4

14 4

Notes: Short-term debt is based on data from the BIS. Data include the effects of HIPC and MDRI debt relief.

213

MYANMAR (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

5,832 5,287 5,287 0 55 490 490

6,337 5,515 5,515 0 63 759 759

6,480 5,609 5,609 0 66 806 806

7,250 6,221 6,221 0 71 958 958

7,136 6,121 6,121 0 65 950 950

7,702 6,320 6,320 0 373 1,009 1,009

7,789 6,274 6,274 0 390 1,125 1,125

7,765 6,253 6,253 0 381 1,132 1,132

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

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

4,667 6,131 143 0

4,753 6,109 144 0

External debt flows Disbursements Long-term external debt IMF purchases

14 14 0

1 1 0

0 0 0

1 1 0

0 0 0

Principal repayments Long-term external debt IMF repurchases

22 22 0

25 25 0

9 9 0

11 11 0

10 10 0

9 9 0

553 553 0

6 6 0

Net flows Long-term external debt Short-term external debt

-7 -7 0

-24 -24 0

-9 -9 0

-10 -10 0

-9 -9 0

-553 -553 0

-6 -6 0

Interest payments Long-term external debt IMF charges Short-term external debt

4 2 2 0

3 1 2 0

4 1 3 0

5 2 2 0

3 2 1 0

12 11 1 0

2 1 0 0

255 ..

235 ..

276 ..

710 ..

864 ..

1,079 ..

901 ..

850 ..

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

.. 44.9 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

10.9 56.3 1.1 0.0 22.0

10.2 57.2 1.1 0.0 21.8

0.0 0.0 0.0

.. 2,145 104 2,627 135 -210 223

.. 3,838 129 3,429 1,388 582 771

.. 4,632 115 3,959 1,304 794 1,236

.. 6,424 81 4,796 1,387 1,833 3,089

.. 7,330 55 6,106 1,884 1,532 3,717

.. 6,772 54 6,129 1,811 1,076 5,252

.. 7,911 115 6,639 1,816 1,511 5,717

.. .. 119 .. .. .. 7,004

271.9 .. 1.2 8.4 19.7 3.8 1.0

165.1 .. 0.7 12.0 19.4 12.2 2.7

139.9 .. 0.3 12.4 19.3 19.1 3.7

112.8 .. 0.2 13.2 17.8 42.6 7.7

97.3 .. 0.2 13.3 18.4 52.1 7.3

113.7 .. 0.2 13.1 17.4 68.2 10.3

98.5 .. 7.1 14.4 18.2 73.4 10.3

.. .. .. 14.6 18.0 90.2 ..

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

6. Ratios

214

MYANMAR (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

6,274 6,274 5,823 1,415 0 799 4,408 451 0 0 0 0

6,253 6,253 5,809 1,401 0 787 4,409 443 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

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

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

553 553 6 1 0 0 6 546 0 546 0 0

6 6 6 1 0 0 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

2 2 0 0 0 0 0 2 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

11 11 1 0 0 0 1 10 0 10 0 0

1 1 1 0 0 0 1 0 0 0 0 0

-73 -7

-460 -24

142 -9

770 -10

-114 -10

566 -9

87 -553

-23 -6

0 0 0

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

2012

2013

2014

2015

2016

2017

2018

2019

189 18

173 15

148 13

132 11

87 10

115 9

102 8

98 7

0 0

Notes: Fiscal year-end for external debt data is March. Long-term public and publicly guaranteed debt data are World Bank staff estimates based on the original terms of the loans. 215

NEPAL (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

2,878 2,826 2,826 0 23 29 0

3,191 3,112 3,112 0 32 47 0

3,404 3,268 3,268 0 55 81 0

3,615 3,468 3,468 0 92 55 0

3,698 3,551 3,551 0 89 57 0

3,778 3,552 3,552 0 183 44 0

3,797 3,517 3,517 0 219 61 0

3,956 3,661 3,661 0 214 81 0

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

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 3,552 0 183

0 3,517 0 432

0 3,661 0 419

External debt flows Disbursements Long-term external debt IMF purchases

154 154 0

192 192 0

184 163 21

175 141 33

103 103 0

116 116 0

177 134 44

306 306 0

Principal repayments Long-term external debt IMF repurchases

71 67 4

85 85 0

105 105 0

113 113 0

127 127 0

143 140 2

154 149 4

167 162 4

Net flows Long-term external debt Short-term external debt

69 87 -14

118 107 11

113 58 34

36 29 -26

-21 -23 2

-40 -25 -13

41 -16 17

159 143 20

Interest payments Long-term external debt IMF charges Short-term external debt

31 28 1 3

32 30 0 2

35 30 1 4

35 34 0 1

34 32 1 1

34 33 0 1

36 35 0 1

0 ..

2 ..

-7 ..

6 ..

1 ..

38 ..

88 ..

94 ..

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 0.1 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 7.2 0.0 0.0 42.4

1.4 7.4 0.0 0.0 42.0

1.2 10.2 0.0 0.0 40.5

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

1.0 36.2 4.8

0.0 0.0 0.0

3.0 27.0 8.0

0.0 0.0 0.0

5,514 1,354 111 1,825 0 -131 945

8,153 1,423 1,212 2,803 57 153 1,499

9,144 1,393 1,453 3,030 56 150 1,935

10,383 1,661 1,734 3,743 54 6 2,014

12,695 1,946 2,727 4,456 44 733 2,458

13,053 1,753 2,985 5,160 9 18 2,761

16,136 1,783 3,469 6,004 50 -128 2,925

18,989 2,150 4,217 6,588 59 289 3,631

212.5 52.2 7.5 1.0 85.4 32.9 6.2

224.2 39.1 8.3 1.5 85.8 47.0 6.4

244.5 37.2 10.0 2.4 85.7 56.9 7.7

217.7 34.8 8.9 1.5 86.5 55.7 6.5

190.0 29.1 8.3 1.5 86.2 66.5 6.6

215.6 28.9 10.1 1.2 84.7 73.1 6.4

212.9 23.5 10.5 1.6 82.7 77.0 5.8

184.0 20.8 9.5 2.0 79.7 91.8 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

6. Ratios

216

NEPAL (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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 3,463 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

3,552 3,552 3,548 3,199 0 1,483 349 4 0 0 0 0

3,517 3,517 3,514 3,140 0 1,426 374 3 0 0 0 0

3,661 3,661 3,659 3,153 0 1,426 505 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

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

116 116 116 92 0 7 23 0 0 0 0 0

134 134 134 103 0 11 31 0 0 0 0 0

306 306 306 147 0 49 159 0 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

162 162 162 124 0 45 38 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

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

35 35 35 30 0 12 5 0 0 0 0 0

-153 69

-178 118

213 113

211 36

83 -21

81 -40

18 41

159 159

0 0 0

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

2012

2013

2014

2015

2016

2017

2018

2019

174 47

180 47

183 46

190 46

195 45

201 44

205 42

207 41

1 0

0 0

Notes: Short-term debt is based on data from the BIS.

217

NICARAGUA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

6,823 5,717 5,435 281 194 912 791

5,000 4,231 3,939 292 229 540 364

4,183 3,473 3,241 232 92 617 438

3,751 2,833 2,171 662 116 803 467

4,281 3,421 2,253 1,168 141 719 472

5,552 4,491 2,505 1,985 346 716 484

6,390 5,212 2,683 2,529 359 819 495

7,121 6,009 2,846 3,163 373 739 506

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

900 5,471 246 185

550 3,857 374 160

558 3,228 245 566

482 2,156 676 81

465 2,240 1,180 283

458 2,493 1,998 252

456 2,671 2,541 335

457 2,835 3,175 320

External debt flows Disbursements Long-term external debt IMF purchases

537 511 27

287 287 0

312 250 61

940 922 18

975 946 29

857 820 37

1,204 1,184 20

1,348 1,330 18

Principal repayments Long-term external debt IMF repurchases

190 184 5

119 110 9

108 108 0

313 313 0

309 309 0

363 363 0

457 457 0

534 532 2

Net flows Long-term external debt Short-term external debt

350 326 3

210 176 43

206 142 3

784 609 157

576 636 -89

479 457 -15

839 727 92

723 799 -91

Interest payments Long-term external debt IMF charges Short-term external debt

100 91 2 7

55 46 1 8

60 50 1 8

78 64 1 13

108 98 1 9

129 119 1 8

121 111 1 10

124 113 0 11

267 ..

241 ..

287 ..

382 ..

626 ..

434 ..

508 ..

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

.. 2.3 0.0 0.0 70.4

0.5 0.0 0.0 0.1 80.3

1.2 0.0 0.0 0.1 75.5

3.7 0.0 0.0 0.0 83.9

4.1 0.0 0.0 0.0 83.9

4.6 0.0 0.0 0.0 83.8

5.1 0.0 0.0 0.0 84.1

4.6 0.0 0.0 0.0 85.2

1.6 36.9 9.7

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

2.9 28.1 5.3

0.7 39.9 10.5

0.0 0.0 0.0

3,735 1,133 320 2,479 69 -936 488

4,723 1,434 616 3,075 82 -784 728

5,102 1,692 698 3,541 85 -845 922

5,527 2,422 740 4,721 93 -1,225 1,103

6,212 2,922 820 5,569 113 -1,507 1,141

5,955 2,779 770 4,672 121 -775 1,573

6,316 3,488 825 5,544 135 -883 1,799

7,050 4,444 914 6,938 146 -1,302 1,892

602.4 182.7 25.6 13.4 32.0 7.2 2.4

348.7 105.9 12.1 10.8 56.8 14.6 2.8

247.2 82.0 9.9 14.8 50.5 22.0 3.1

154.9 67.9 16.2 21.4 30.1 29.4 2.8

146.5 68.9 14.3 16.8 28.7 26.7 2.5

199.8 93.2 17.7 12.9 26.2 28.3 4.0

183.2 101.2 16.6 12.8 25.9 28.2 3.9

160.2 101.0 14.8 10.4 26.0 26.6 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

6. Ratios

218

NICARAGUA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

5,717 5,435 5,220 2,183 5 654 3,037 216 0 188 281 0

4,231 3,939 3,867 2,838 0 1,136 1,029 72 0 55 292 0

3,473 3,241 3,168 2,114 0 256 1,054 73 0 55 232 0

2,833 2,171 2,165 1,131 0 321 1,035 5 0 0 662 0

3,421 2,253 2,249 1,227 0 347 1,022 4 0 0 1,168 0

4,491 2,505 2,502 1,457 0 418 1,045 4 0 0 1,985 0

5,212 2,683 2,680 1,653 0 447 1,027 3 0 0 2,529 0

6,009 2,846 2,843 1,852 0 474 991 3 0 0 3,163 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

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

820 291 291 246 0 67 45 0 0 0 529 0

1,184 267 267 235 0 37 32 0 0 0 918 0

1,330 239 239 234 0 31 5 0 0 0 1,091 0

184 71 62 37 5 2 26 8 0 5 114 0

110 64 64 22 0 0 41 0 0 0 47 0

108 49 49 29 0 0 21 0 0 0 59 0

313 198 198 170 0 0 28 0 0 0 115 0

309 52 52 22 0 0 30 0 0 0 257 0

363 62 62 26 0 0 36 0 0 0 301 0

457 56 56 21 0 0 35 0 0 0 401 0

532 64 63 30 0 2 33 0 0 0 468 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

91 79 76 65 1 5 12 3 0 2 12 0

46 44 44 27 0 7 17 0 0 0 2 0

50 49 49 32 0 4 16 0 0 0 2 0

64 46 46 28 0 2 18 0 0 0 19 0

98 39 39 24 0 3 15 0 0 0 59 0

119 37 37 24 0 3 13 0 0 0 82 0

111 33 33 24 0 3 9 0 0 0 77 0

113 39 39 29 0 3 10 0 0 0 74 0

-47 350

-90 210

-817 206

-431 784

529 576

1,271 479

838 839

731 723

149 35 0

1 169 0

2 1,230 0

0 1,278 17

0 56 0

22 16 0

0 10 0

0 3 0

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

2012

2013

2014

2015

2016

2017

2018

2019

98 47

89 51

97 53

105 54

114 53

123 50

128 48

120 45

849 139

598 104

536 72

317 52

253 37

191 26

159 16

127 8

Notes: Short-term debt is based on data from the BIS. Data include the effects of HIPC and MDRI debt relief.

219

NIGER (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

1,721 1,563 1,495 68 86 72 60

2,006 1,825 1,792 33 141 41 38

816 728 702 26 41 47 38

1,135 819 799 20 55 261 38

988 830 817 13 65 93 19

1,173 887 880 7 155 131 17

1,268 938 938 0 158 172 23

1,408 1,100 1,100 0 153 156 21

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

97 1,495 68 64

52 1,792 33 131

46 702 26 188

49 799 20 54

63 817 13 135

55 880 7 191

82 938 0 217

71 1,100 0 418

External debt flows Disbursements Long-term external debt IMF purchases

87 76 11

152 135 17

126 117 9

92 80 12

109 98 12

108 103 5

95 90 5

194 194 0

Principal repayments Long-term external debt IMF repurchases

16 14 2

27 22 5

160 46 114

17 17 0

18 18 0

35 35 0

17 17 0

22 17 5

Net flows Long-term external debt Short-term external debt

52 62 -20

122 113 -3

-28 71 6

289 63 214

-58 79 -149

113 67 40

112 72 35

158 176 -14

Interest payments Long-term external debt IMF charges Short-term external debt

11 8 1 2

14 13 1 0

11 10 1 0

16 9 1 6

11 7 0 4

10 8 0 1

9 8 0 1

13 10 0 2

8 0

50 1

40 0

99 0

282 1

631 9

940 ..

1,014 ..

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

.. 1.7 1.2 0.0 46.7

11.2 0.0 0.0 0.0 58.4

0.8 0.0 0.0 0.0 49.3

0.2 0.0 0.0 0.0 48.8

0.2 0.0 0.0 0.0 48.0

0.4 0.0 0.0 0.0 47.0

0.8 0.0 0.0 0.0 48.1

7.5 0.0 0.0 0.0 42.0

0.7 36.5 9.4

0.9 35.0 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

1.4 32.3 9.5

1.0 34.4 2.8

0.0 0.0 0.0

1,782 334 14 485 2 -104 81

3,397 602 66 1,095 21 -312 251

3,645 640 78 1,118 13 -314 371

4,290 806 79 1,343 28 -351 593

5,351 1,124 94 2,006 23 -651 705

5,220 1,186 102 2,657 84 -1,320 656

5,379 .. 102 .. 0 -1,147 760

5,955 .. 102 .. 0 .. 673

515.7 96.6 8.0 4.2 59.8 4.7 2.0

333.2 59.1 6.8 2.0 79.3 12.5 2.7

127.3 22.4 26.7 5.8 63.2 45.5 4.0

140.8 26.5 4.0 23.0 53.7 52.2 5.3

87.8 18.5 2.6 9.4 62.4 71.4 4.2

98.9 22.5 3.8 11.1 56.8 55.9 3.0

.. 23.6 .. 13.6 55.9 60.0 ..

.. 23.7 .. 11.0 62.2 47.8 ..

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

6. Ratios

220

NIGER (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

1,563 1,495 1,495 1,030 0 723 465 0 0 0 68 0

1,825 1,792 1,792 1,592 0 1,080 200 0 0 0 33 0

728 702 702 515 0 189 187 0 0 0 26 0

819 799 799 610 0 235 189 0 0 0 20 0

830 817 817 617 0 248 200 0 0 0 13 0

887 880 880 666 0 266 215 0 0 0 7 0

938 938 938 709 0 275 229 0 0 0 0 0

1,100 1,100 1,100 876 0 355 224 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

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

194 194 194 191 0 83 3 0 0 0 0 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

35 29 29 27 0 0 2 0 0 0 7 0

17 11 11 11 0 0 0 0 0 0 7 0

17 17 17 17 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

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

10 10 10 9 0 2 2 0 0 0 0 0

4 52

0 122

-1,191 -28

320 289

-147 -58

185 113

95 112

140 158

28 0 0

0 28 0

0 1,323 0

0 1 0

0 42 0

6 0 0

0 0 0

0 9 0

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

2012

2013

2014

2015

2016

2017

2018

2019

89 11

44 13

39 14

44 15

50 15

53 15

60 14

0 0

Notes: Short-term debt is based on data from the BIS. Data include the effects of HIPC and MDRI debt relief.

221

NIGERIA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

31,582 30,257 30,042 215 205 1,120 43

22,309 20,248 20,248 0 225 1,836 3

7,955 3,829 3,829 0 236 3,890 0

8,807 3,614 3,614 0 248 4,944 0

11,600 3,902 3,902 0 242 7,456 0

10,362 4,221 4,221 0 2,626 3,514 0

10,389 4,691 4,691 0 2,580 3,118 0

13,108 6,396 5,896 500 2,572 4,139 0

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

117 29,986 271 86

3 20,219 29 706

0 3,805 24 507

0 3,596 19 777

0 3,888 14 986

0 4,214 7 985

0 4,691 0 1,595

0 5,896 500 920

External debt flows Disbursements Long-term external debt IMF purchases

153 153 0

379 379 0

777 777 0

532 532 0

409 409 0

519 519 0

1,057 1,057 0

2,047 2,047 0

Principal repayments Long-term external debt IMF repurchases

1,092 1,092 0

3,863 3,863 0

6,442 6,442 0

916 916 0

340 340 0

342 342 0

248 248 0

274 274 0

Net flows Long-term external debt Short-term external debt

-697 -938 241

-3,002 -3,484 482

-3,608 -5,665 2,057

671 -383 1,054

2,581 69 2,512

-3,764 178 -3,942

413 809 -396

2,794 1,773 1,021

Interest payments Long-term external debt IMF charges Short-term external debt

763 690 9 64

5,007 4,937 7 64

383 259 10 114

338 86 8 243

238 87 2 149

160 85 6 69

111 59 8 44

144 96 3 45

1,140 0

4,983 751

4,854 1,769

6,035 1,447

8,197 -954

8,555 487

6,049 2,161

8,842 2,571

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 1.5 0.0 85.0

36.3 9.9 17.2 1.9 27.3

4.7 0.0 0.2 0.0 59.4

3.9 0.0 0.2 0.0 58.6

3.5 0.0 0.2 0.0 61.5

5.3 0.0 0.1 0.0 58.8

3.9 0.0 0.1 0.0 61.6

2.6 0.0 0.1 0.0 68.7

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

0.8 39.3 1.3

0.0 0.0 0.0

6.0 10.4 3.0

0.0 0.0 0.0

6.8 10.0 10.0

40,256 21,183 1,392 15,383 2,279 7,427 9,911

98,881 57,149 14,640 35,773 2,603 36,529 28,280

141,275 61,109 16,932 42,389 5,768 36,518 42,299

154,068 70,046 18,011 60,948 13,056 27,643 51,334

194,690 90,345 19,206 81,632 17,000 29,111 53,002

154,005 59,274 18,368 64,815 15,042 13,821 44,763

178,059 80,827 19,818 88,299 20,032 13,309 34,919

214,561 96,788 20,619 109,908 23,072 8,689 35,212

149.1 78.5 8.8 3.5 10.5 31.4 7.7

39.0 22.6 15.5 8.2 11.5 126.8 9.5

13.0 5.6 11.2 48.9 34.1 531.7 12.0

12.6 5.7 1.8 56.1 33.3 582.9 10.1

12.8 6.0 0.6 64.3 26.1 456.9 7.8

17.5 6.7 0.8 33.9 34.0 432.0 8.3

12.9 5.8 0.4 30.0 41.5 336.1 4.7

13.5 6.1 0.4 31.6 36.6 268.6 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

6. Ratios

222

NIGERIA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

30,257 30,042 26,596 3,324 1,625 644 23,272 3,446 2,051 0 215 0

20,248 20,248 18,039 2,561 722 1,136 15,479 2,209 1,442 37 0 0

3,829 3,829 2,988 2,713 534 1,541 275 841 0 59 0 0

3,614 3,614 3,288 2,932 381 1,929 356 326 0 78 0 0

3,902 3,902 3,573 3,024 211 2,243 549 328 0 101 0 0

4,221 4,221 4,013 3,521 113 2,739 492 208 0 83 0 0

4,691 4,691 4,599 4,310 43 3,662 289 92 0 0 0 0

6,396 5,896 5,334 4,799 7 4,201 535 563 500 0 500 500

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

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

1,057 1,057 1,057 1,037 0 1,000 20 0 0 0 0 0

2,047 1,547 1,047 728 0 682 319 500 500 0 500 500

1,092 1,057 915 405 273 4 510 142 0 0 35 0

3,863 3,863 3,685 368 224 19 3,317 179 0 3 0 0

6,442 6,442 4,802 340 211 19 4,461 1,640 1,442 1 0 0

916 916 320 307 176 20 12 596 0 0 0 0

340 340 319 295 189 20 24 21 0 0 0 0

342 342 286 214 96 21 72 55 0 18 0 0

248 248 214 166 71 24 49 33 0 0 0 0

274 274 245 172 37 77 73 29 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

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 84 62 17 17 21 4 0 0 0 0

85 85 71 47 8 17 24 14 0 6 0 0

59 59 53 41 2 23 12 6 0 0 0 0

96 77 56 42 1 29 14 21 17 0 19 19

2,214 -697

-15,731 -3,002

-14,354 -3,608

851 671

2,793 2,581

-1,238 -3,764

27 413

2,718 2,794

20,920 0 0

0 7,284 0

1 10,891 0

0 0 0

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

2012

2013

2014

2015

2016

2017

2018

2019

184 68

179 70

157 71

103 73

116 74

136 74

232 73

271 70

63 73

0 71

500 53

0 34

223

PAKISTAN (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

32,954 29,684 27,124 2,560 1,751 1,519 0

33,991 31,026 30,062 964 1,735 1,230 0

37,148 34,108 33,201 907 1,718 1,322 0

41,982 38,104 36,910 1,193 1,650 2,228 0

49,505 43,522 40,338 3,184 4,614 1,370 0

56,329 45,818 42,553 3,265 9,045 1,466 0

58,488 45,939 43,395 2,544 10,258 2,291 0

60,182 47,685 45,122 2,563 9,962 2,535 0

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

0 26,946 2,738 865

0 30,048 978 4,523

0 33,187 921 3,415

0 36,896 1,207 3,668

0 40,323 3,198 4,019

0 42,539 3,278 5,372

0 43,382 2,557 3,459

0 45,109 2,576 2,724

External debt flows Disbursements Long-term external debt IMF purchases

1,838 1,644 195

2,827 2,827 0

3,667 3,667 0

3,725 3,725 0

6,802 3,601 3,201

7,735 4,420 3,315

3,650 2,016 1,634

2,875 2,875 0

Principal repayments Long-term external debt IMF repurchases

1,870 1,587 282

1,698 1,461 237

1,439 1,332 107

1,531 1,379 152

1,943 1,763 180

2,473 2,243 231

3,274 3,010 265

1,936 1,664 272

Net flows Long-term external debt Short-term external debt

-343 56 -311

1,114 1,366 -15

2,320 2,335 92

3,100 2,346 906

4,001 1,838 -858

5,357 2,177 96

1,201 -994 825

1,183 1,211 244

Interest payments Long-term external debt IMF charges Short-term external debt

995 857 59 78

750 673 21 56

883 808 21 54

1,144 998 19 127

1,069 1,026 9 33

1,005 916 70 18

1,037 875 132 30

1,023 805 178 39

308 35

2,201 451

4,273 1,152

5,590 1,276

5,438 -270

2,338 -37

2,018 524

1,309 -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

.. 16.9 0.7 0.3 41.6

12.1 17.4 0.4 0.2 42.1

12.0 16.0 0.3 0.2 44.8

11.6 15.3 0.3 0.2 44.5

10.0 17.7 0.2 0.2 44.3

9.8 16.8 0.2 0.2 46.5

8.8 18.8 0.1 0.2 44.8

8.2 19.5 0.1 0.2 45.7

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

1.1 28.9 6.4

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

73,025 10,237 1,075 14,484 429 -85 1,513

111,867 19,760 4,280 32,445 1,871 -3,606 10,033

130,007 21,404 5,121 39,094 2,580 -6,749 11,543

145,773 23,302 5,998 42,687 2,974 -8,301 14,044

167,234 26,756 7,039 53,546 3,203 -15,655 7,194

166,223 22,921 8,717 39,373 2,548 -3,993 11,318

183,620 28,738 9,690 43,885 2,140 -1,354 14,346

220,252 32,173 12,263 50,838 2,102 -2,234 14,528

321.9 45.1 28.0 4.6 40.9 4.6 1.3

172.0 30.4 12.4 3.6 46.9 29.5 3.7

173.6 28.6 10.8 3.6 47.6 31.1 3.5

180.2 28.8 11.5 5.3 47.6 33.5 3.9

185.0 29.6 11.3 2.8 44.7 14.5 1.6

245.8 33.9 15.2 2.6 42.0 20.1 3.4

203.5 31.9 15.0 3.9 42.1 24.5 3.9

187.1 27.3 9.2 4.2 42.3 24.1 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

6. Ratios

224

PAKISTAN (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

29,684 27,124 25,074 13,491 3,093 3,828 11,583 2,051 623 1,099 2,560 45

31,026 30,062 28,880 15,942 2,238 6,865 12,938 1,182 1,100 30 964 600

34,108 33,201 30,960 17,665 2,143 7,871 13,295 2,241 1,900 7 907 850

38,104 36,910 33,916 19,978 2,086 9,075 13,939 2,994 2,650 4 1,193 850

43,522 40,338 37,252 22,109 1,946 9,053 15,143 3,086 2,650 125 3,184 850

45,818 42,553 40,048 23,667 1,769 10,075 16,381 2,505 2,150 75 3,265 850

45,939 43,395 41,596 24,614 1,688 10,118 16,982 1,799 1,550 0 2,544 250

47,685 45,122 43,355 25,427 1,610 10,772 17,927 1,768 1,550 0 2,563 250

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

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

3,601 2,690 2,563 2,164 54 187 399 127 0 125 912 0

4,420 3,739 3,738 2,508 89 1,177 1,230 1 0 0 681 0

2,016 1,861 1,859 1,378 61 371 481 1 0 0 155 0

2,875 2,574 2,574 1,595 61 880 979 0 0 0 301 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

1,763 1,307 1,272 1,041 297 149 230 35 0 3 456 0

2,243 1,637 1,055 925 253 188 130 582 500 50 606 0

3,010 2,133 1,426 939 188 166 487 707 600 75 876 600

1,664 1,382 1,350 1,055 160 180 295 32 0 0 282 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

857 641 527 383 182 29 144 114 61 38 217 2

673 597 547 229 92 52 318 50 47 2 76 3

808 729 617 258 107 56 359 112 110 3 79 52

998 866 692 310 114 64 382 174 171 0 132 67

1,026 879 682 318 88 77 364 197 184 5 147 60

916 811 643 278 53 75 364 169 156 5 105 50

875 785 654 215 18 81 439 131 120 4 90 30

805 711 594 226 16 92 368 117 111 0 95 22

-1,121 -343

-2,337 1,114

3,157 2,320

4,833 3,100

7,524 4,001

6,823 5,357

2,160 1,201

1,694 1,183

918 0 0

0 0 0

0 1 0

0 5 0

0 0 0

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

2012

2013

2014

2015

2016

2017

2018

2019

2,428 746

1,973 741

2,057 730

2,045 708

2,076 691

2,447 660

2,544 621

2,574 577

681 240

746 201

450 165

269 149

694 119

889 67

116 35

93 29

Notes: Long-term private nonguaranteed debt data from 2006 are World Bank staff estimates based on the reports provided by the country. Short-term debt is based on data from the BIS. 225

PANAMA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

6,606 6,481 5,700 780 124 1 1

8,108 8,047 6,305 1,742 61 0 0

8,935 8,881 7,186 1,694 55 0 0

8,786 8,739 7,678 1,061 47 0 0

9,281 9,241 8,130 1,111 41 0 0

11,244 10,935 9,799 1,136 309 0 0

11,382 11,079 10,087 991 303 0 0

12,583 12,281 10,890 1,391 302 0 0

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

1 5,700 780 478

0 6,305 1,742 1,265

0 7,186 1,694 2,699

0 7,678 1,061 350

0 8,130 1,111 827

0 9,799 1,136 1,732

0 10,087 991 362

0 10,890 1,391 1,479

External debt flows Disbursements Long-term external debt IMF purchases

724 724 0

1,595 1,595 0

3,029 3,029 0

679 679 0

704 704 0

1,890 1,890 0

445 445 0

1,361 1,361 0

Principal repayments Long-term external debt IMF repurchases

463 411 52

1,216 1,207 10

2,226 2,216 10

181 171 10

664 659 5

190 190 0

320 320 0

185 185 0

Net flows Long-term external debt Short-term external debt

261 313 0

378 388 0

803 813 0

498 508 0

40 46 0

1,700 1,700 0

125 125 0

1,176 1,176 0

Interest payments Long-term external debt IMF charges Short-term external debt

426 418 8 0

543 541 2 0

725 722 3 0

609 607 2 0

642 641 1 0

685 684 1 0

727 726 1 0

745 745 0 0

624 ..

1,104 ..

2,936 ..

2,023 ..

2,534 ..

1,086 ..

2,182 ..

3,258 ..

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 0.1 0.0 91.8

0.0 1.1 0.0 0.0 95.9

0.0 0.9 0.0 0.0 96.9

0.0 0.8 0.0 0.0 97.4

0.0 0.8 0.0 0.0 97.8

0.0 1.0 0.0 0.0 98.2

0.0 2.1 0.0 0.0 97.4

0.0 7.4 0.0 0.0 92.2

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

1.8 19.5 4.3

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

1.8 10.0 10.0

11,007 9,408 16 10,258 562 -673 723

14,340 11,619 130 12,882 1,048 -1,022 1,211

15,879 13,846 157 14,547 1,197 -448 1,335

18,487 16,124 180 17,784 1,521 -1,407 1,935

21,432 17,991 196 20,951 1,748 -2,722 2,424

22,620 19,006 336 19,311 1,310 -178 3,028

24,916 20,254 406 23,245 1,829 -2,862 2,714

28,816 26,007 388 30,009 2,094 -3,874 2,304

70.2 60.0 9.4 0.0 15.5 10.9 0.8

69.8 56.5 15.1 .. 13.7 14.9 1.1

64.5 56.3 21.3 .. 13.1 14.9 1.1

54.5 47.5 4.9 .. 14.0 22.0 1.3

51.6 43.3 7.3 .. 14.4 26.1 1.4

59.2 49.7 4.6 .. 14.5 26.9 1.9

56.2 45.7 5.2 .. 15.9 23.8 1.4

48.4 43.7 3.6 .. 16.1 18.3 0.9

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

6. Ratios

226

PANAMA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

6,481 5,700 1,289 1,024 283 0 265 4,411 4,141 267 780 266

8,047 6,305 1,306 1,113 212 0 194 4,999 4,920 78 1,742 635

8,881 7,186 1,349 1,167 185 0 182 5,837 5,775 62 1,694 581

8,739 7,678 1,408 1,226 216 0 182 6,270 6,225 45 1,061 1,061

9,241 8,130 1,530 1,337 271 0 192 6,600 6,415 186 1,111 1,061

10,935 9,799 1,834 1,627 435 0 207 7,965 7,738 227 1,136 1,061

11,079 10,087 2,127 1,814 420 0 313 7,961 7,738 223 991 911

12,281 10,890 2,399 2,028 399 0 371 8,491 8,272 219 1,391 1,261

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

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

445 440 440 334 24 0 107 0 0 0 5 0

1,361 957 436 371 20 0 65 520 520 0 404 350

411 386 109 57 24 0 52 277 120 156 25 0

1,207 955 139 126 39 0 12 817 799 17 251 0

2,216 1,585 145 133 41 0 12 1,439 1,422 18 632 369

171 171 154 139 43 0 14 17 0 17 0 0

659 659 160 143 45 0 17 499 490 9 0 0

190 190 154 135 39 0 20 36 0 36 0 0

320 170 166 146 38 0 20 5 0 5 150 150

185 178 175 156 41 0 18 3 0 3 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

418 365 79 69 21 0 10 286 264 22 53 24

541 454 59 54 12 0 5 394 390 4 87 44

722 634 62 58 11 0 5 571 568 4 88 46

607 544 70 66 13 0 5 474 471 3 63 63

641 578 71 66 13 0 5 506 501 5 64 63

684 596 72 67 16 0 5 524 514 11 88 83

726 638 75 71 17 0 5 563 560 3 87 83

745 668 76 70 16 0 6 592 588 3 77 73

-266 261

428 378

827 803

-149 498

495 40

1,962 1,700

138 125

1,201 1,176

0 477 120

0 0 0

0 0 203

0 0 0

0 7 21

0 0 0

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

2012

2013

2014

2015

2016

2017

2018

2019

182 57

187 57

205 56

209 54

217 52

206 48

193 45

170 41

1,092 540

9 486

244 490

1,510 526

338 455

37 457

22 458

26 457

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 2009, 2010, and 2011 are $16.0 billion, $19.1 billion, and $21.2 billion respectively. 227

PAPUA NEW GUINEA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

2,305 2,204 1,454 750 51 49 0

1,896 1,651 1,264 387 13 232 0

1,843 1,662 1,210 451 14 167 0

1,448 1,342 1,129 213 15 91 0

1,435 1,412 1,067 345 14 9 0

1,778 1,460 1,045 415 197 121 0

5,965 5,380 1,042 4,337 193 392 0

12,582 12,268 1,069 11,199 193 121 0

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

0 1,440 764 319

0 1,264 387 0

0 1,210 451 53

0 1,129 213 37

0 1,067 345 133

0 1,045 415 122

0 1,042 4,337 278

0 1,069 11,199 360

External debt flows Disbursements Long-term external debt IMF purchases

293 254 38

335 335 0

267 267 0

615 615 0

951 951 0

516 516 0

3,153 3,153 0

8,157 8,157 0

Principal repayments Long-term external debt IMF repurchases

215 196 19

244 183 61

270 270 0

947 947 0

932 932 0

513 513 0

758 758 0

1,076 1,076 0

Net flows Long-term external debt Short-term external debt

30 59 -48

214 152 123

-68 -3 -65

-408 -332 -76

-63 19 -82

115 3 112

2,666 2,395 271

6,690 7,082 -271

Interest payments Long-term external debt IMF charges Short-term external debt

90 85 2 4

64 54 1 9

56 46 1 10

61 55 1 5

42 40 0 2

29 28 0 1

54 50 1 3

107 108 0 3

96 ..

32 ..

12 ..

95 ..

-31 ..

419 ..

29 ..

-309 ..

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

.. 30.1 0.8 0.0 21.3

3.8 29.8 0.0 0.1 33.7

4.2 28.9 0.0 0.1 36.9

4.6 30.0 0.0 0.1 36.2

4.3 29.3 0.0 0.1 38.5

4.3 27.2 0.0 0.0 39.1

3.8 28.1 0.0 0.0 38.9

3.3 25.8 0.0 0.0 37.2

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

1.5 23.0 5.8

6.2 5.3 2.5

0.0 0.0 0.0

3,303 2,369 7 2,013 198 351 287

4,531 3,649 7 3,368 511 539 718

4,931 4,597 4 4,462 815 333 1,401

6,261 5,205 8 5,399 674 56 2,054

7,931 6,259 7 5,713 611 708 1,953

7,855 4,624 5 5,382 537 -585 2,561

9,262 6,097 3 6,920 466 -633 3,033

12,428 7,482 11 7,904 0 -174 4,256

97.3 69.8 12.9 2.1 35.9 12.4 1.7

52.0 41.8 8.4 12.2 44.1 37.9 2.6

40.1 37.4 7.1 9.1 44.2 76.0 3.8

27.8 23.1 19.4 6.3 51.8 141.8 4.6

22.9 18.1 15.6 0.6 50.2 136.1 4.1

38.5 22.6 11.7 6.8 40.7 144.0 5.7

97.8 64.4 13.3 6.6 11.9 50.8 5.3

166.5 100.3 15.8 .. 5.7 34.2 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

6. Ratios

228

PAPUA NEW GUINEA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

2,204 1,454 1,394 826 244 92 567 60 0 54 750 0

1,651 1,264 1,213 835 249 78 378 51 0 8 387 0

1,662 1,210 1,165 815 246 76 351 45 0 4 451 0

1,342 1,129 1,087 750 183 73 337 42 0 4 213 0

1,412 1,067 1,023 721 158 71 303 44 0 4 345 0

1,460 1,045 1,008 724 149 82 285 36 0 3 415 0

5,380 1,042 1,009 712 139 86 297 33 0 3 4,337 0

12,268 1,069 1,043 705 127 99 338 26 0 3 11,199 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

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

8,157 93 93 39 0 18 54 0 0 0 8,064 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

932 163 157 60 30 4 97 6 0 0 769 0

513 62 55 36 11 4 20 7 0 0 451 0

758 67 60 39 11 4 21 7 0 0 691 0

1,076 78 70 43 12 4 27 8 0 0 997 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

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

104 19 19 9 1 1 10 1 0 0 85 0

-353 30

97 214

-53 -68

-395 -408

-12 -63

343 115

4,187 2,666

6,496 6,690

0 0 0

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

2012

2013

2014

2015

2016

2017

2018

2019

116 22

76 22

77 22

80 22

85 21

92 20

99 19

94 17

1,874 130

1,289 150

1,160 162

1,396 157

1,203 135

1,673 122

877 98

876 89

Notes: Long-term private nonguaranteed debt data for 2011 include a huge outstanding loan about $8.6 billion.

229

PARAGUAY (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

3,135 2,537 2,087 450 18 580 11

3,249 2,716 2,266 450 20 513 0

3,443 2,712 2,235 477 21 711 0

3,591 2,767 2,195 572 22 803 0

4,182 3,015 2,263 751 21 1,146 0

4,134 3,233 2,261 972 149 752 0

5,076 3,782 2,361 1,421 147 1,147 0

6,011 3,972 2,308 1,664 146 1,893 0

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

55 2,087 450 125

8 2,266 450 99

8 2,235 477 530

8 2,195 572 43

7 2,263 751 171

7 2,261 972 411

7 2,361 1,421 279

7 2,308 1,664 258

External debt flows Disbursements Long-term external debt IMF purchases

192 192 0

210 210 0

244 244 0

206 206 0

376 376 0

489 489 0

826 826 0

612 612 0

Principal repayments Long-term external debt IMF repurchases

207 207 0

332 332 0

269 269 0

258 258 0

296 296 0

308 308 0

313 313 0

292 292 0

Net flows Long-term external debt Short-term external debt

-187 -14 -173

-275 -122 -153

174 -24 198

39 -53 92

423 80 343

-213 181 -394

907 512 395

1,067 321 746

Interest payments Long-term external debt IMF charges Short-term external debt

149 116 1 33

145 115 1 29

153 121 1 31

166 135 1 30

165 136 0 29

134 122 0 12

144 131 0 12

164 145 0 19

104 ..

25 ..

247 ..

109 ..

331 ..

186 ..

475 ..

412 ..

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

.. 14.8 0.1 0.1 59.2

2.6 13.4 0.0 0.0 68.4

2.6 13.7 0.0 0.0 68.7

2.8 14.0 0.0 0.0 68.8

2.8 18.6 0.0 0.0 66.1

2.6 19.3 0.0 0.0 67.5

1.7 19.3 0.0 0.0 70.3

1.5 19.0 0.0 0.0 72.6

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

0.7 23.7 5.2

0.0 0.0 0.0

7,094 3,185 278 3,524 84 -163 763

7,415 4,202 269 4,410 158 16 1,297

9,184 5,473 463 5,772 271 128 1,702

12,067 6,859 484 7,048 365 184 2,461

16,646 9,305 588 10,038 505 -319 2,845

13,931 7,620 619 8,072 555 68 3,839

17,962 10,274 664 11,485 760 -654 4,137

23,388 12,698 893 13,669 647 -270 4,950

98.4 44.2 11.2 18.5 37.3 24.3 2.6

77.3 43.8 11.3 15.8 38.9 39.9 3.5

62.9 37.5 7.7 20.6 37.4 49.4 3.5

52.4 29.8 6.2 22.4 36.1 68.5 4.2

44.9 25.1 5.0 27.4 31.0 68.0 3.4

54.3 29.7 5.8 18.2 32.7 92.8 5.7

49.4 28.3 4.5 22.6 29.5 81.5 4.3

47.3 25.7 3.6 31.5 25.1 82.4 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

6. Ratios

230

PARAGUAY (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

2,537 2,087 1,639 1,170 201 28 469 449 0 424 450 0

2,716 2,266 1,845 1,262 223 21 583 421 0 403 450 0

2,712 2,235 1,854 1,288 234 19 566 381 0 374 477 0

2,767 2,195 1,843 1,298 227 18 545 352 0 345 572 0

3,015 2,263 1,940 1,296 214 16 644 323 0 316 751 0

3,233 2,261 1,979 1,354 281 15 625 282 0 275 972 0

3,782 2,361 2,094 1,497 257 13 597 267 0 260 1,421 0

3,972 2,308 2,067 1,511 245 12 557 240 0 233 1,664 100

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

192 192 192 167 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

612 163 163 160 23 0 3 0 0 0 449 100

207 114 107 63 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

313 239 224 148 33 1 76 15 0 15 75 0

292 236 210 146 36 1 64 27 0 27 55 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

116 100 70 52 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 57 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

145 65 61 46 5 0 16 4 0 4 79 5

-296 -187

-380 -275

195 174

148 39

590 423

-47 -213

941 907

935 1,067

0 0 0

0 2 0

0 0 0

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

2012

2013

2014

2015

2016

2017

2018

2019

217 55

182 50

167 47

188 45

194 41

194 38

192 34

187 30

448 98

332 76

295 58

188 45

252 31

121 19

106 14

91 9

Notes: Long-term private nonguaranteed debt data for 2011 are World Bank staff estimates.

231

PERU (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

28,813 24,208 19,270 4,938 677 3,928 14

29,508 26,109 22,537 3,572 188 3,212 4

29,294 26,125 22,185 3,940 158 3,012 17

32,239 26,761 19,854 6,907 144 5,334 17

34,720 29,159 19,415 9,744 141 5,420 22

37,337 31,649 20,788 10,862 956 4,731 1

41,816 34,822 20,009 14,813 939 6,055 1

44,872 37,751 20,142 17,608 936 6,185 0

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

29 18,061 6,146 1,263

2 21,685 4,424 2,191

33 21,406 4,718 704

8 19,080 7,681 3,018

10 18,742 10,416 1,343

1 20,225 11,425 4,036

1 19,563 15,258 4,113

0 19,824 17,927 812

External debt flows Disbursements Long-term external debt IMF purchases

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

3,384 3,384 0

Principal repayments Long-term external debt IMF repurchases

1,145 1,003 141

4,228 4,189 40

1,566 1,527 39

6,767 6,747 20

3,265 3,265 0

2,221 2,221 0

4,060 4,060 0

1,395 1,395 0

Net flows Long-term external debt Short-term external debt

283 1,063 -638

-46 -468 461

223 475 -213

2,704 402 2,322

1,447 1,366 81

1,882 2,550 -668

5,560 4,236 1,324

2,119 1,988 131

Interest payments Long-term external debt IMF charges Short-term external debt

1,439 1,174 38 227

1,843 1,718 7 118

2,003 1,849 8 146

2,291 2,110 5 176

1,998 1,808 1 189

2,144 1,976 2 166

2,729 2,550 3 176

1,915 1,788 1 126

810 123

2,579 769

3,467 -45

5,491 70

6,924 85

6,431 47

8,455 87

8,233 147

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

.. 13.7 0.4 0.5 73.5

7.0 9.1 0.1 0.1 80.4

7.7 8.9 0.1 0.0 80.2

8.2 10.2 0.0 0.0 78.7

11.1 13.5 0.0 0.0 72.6

7.2 11.9 0.0 0.0 77.9

4.4 9.7 0.0 0.0 83.6

4.7 9.6 0.0 0.0 84.0

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

1.8 15.7 6.1

1.8 15.0 5.6

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

0.0 0.0 0.0

51,878 9,247 718 11,794 344 -1,546 8,374

74,970 20,006 1,440 20,631 4,030 1,148 13,599

89,602 27,175 1,837 26,488 6,741 2,872 16,733

104,970 32,511 2,131 33,558 7,788 1,460 26,856

121,408 36,144 2,444 44,404 8,346 -5,318 30,271

122,145 31,801 2,409 35,411 8,172 -723 32,013

151,003 39,986 2,534 46,794 10,714 -3,782 42,648

173,900 51,046 2,697 57,586 12,866 -3,341 47,206

311.6 55.5 27.9 13.6 19.3 29.1 8.5

147.5 39.4 30.3 10.9 26.8 46.1 7.9

107.8 32.7 13.1 10.3 26.7 57.1 7.6

99.2 30.7 27.9 16.5 24.6 83.3 9.6

96.1 28.6 14.6 15.6 23.1 87.2 8.2

117.4 30.6 13.7 12.7 22.5 85.7 10.8

104.6 27.7 17.0 14.5 18.8 102.0 10.9

87.9 25.8 6.5 13.8 17.8 105.2 9.8

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

6. Ratios

232

PERU (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

24,208 19,270 14,439 5,573 2,590 0 8,866 4,830 3,727 110 4,938 150

26,109 22,537 13,830 7,910 2,816 0 5,920 8,706 8,390 86 3,572 1,230

26,125 22,185 13,503 7,834 2,633 0 5,669 8,682 8,390 77 3,940 2,522

26,761 19,854 11,315 7,944 2,649 0 3,371 8,539 8,270 68 6,907 3,749

29,159 19,415 12,358 8,008 2,712 0 4,350 7,056 6,879 170 9,744 3,599

31,649 20,788 11,727 8,395 2,846 0 3,332 9,061 8,911 145 10,862 4,428

34,822 20,009 10,555 7,870 2,965 0 2,685 9,454 9,311 138 14,813 7,298

37,751 20,142 10,721 7,977 2,733 0 2,743 9,422 9,299 121 17,608 9,003

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

2,066 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

3,384 1,001 1,001 662 47 0 339 0 0 0 2,382 1,705

1,003 986 840 503 93 0 338 146 0 130 17 0

4,189 3,033 2,918 558 210 0 2,361 114 90 11 1,156 0

1,527 1,145 1,032 605 219 0 427 113 90 9 381 0

6,747 5,865 3,498 952 241 0 2,547 2,366 2,343 9 882 0

3,265 2,618 1,255 959 230 0 296 1,363 1,338 23 647 150

2,221 1,833 1,808 654 245 0 1,154 25 0 23 389 50

4,060 3,490 2,971 1,872 258 0 1,099 518 497 21 570 0

1,395 886 861 565 279 0 296 25 0 22 509 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

1,174 1,105 917 384 189 0 533 188 179 5 69 11

1,718 1,403 807 354 105 0 453 596 568 7 314 56

1,849 1,389 725 434 137 0 290 665 637 8 460 136

2,110 1,512 818 484 150 0 335 694 669 7 598 250

1,808 1,185 572 409 136 0 163 613 603 10 623 213

1,976 1,084 452 314 107 0 137 632 623 9 892 223

2,550 1,096 346 252 62 0 94 750 742 8 1,454 284

1,788 1,000 287 215 61 0 73 713 705 8 788 463

-527 283

-2,224 -46

-214 223

2,945 2,704

2,481 1,447

2,617 1,882

4,479 5,560

3,056 2,119

1 0 0

21 66 0

0 27 0

0 61 2,343

0 56 838

0 32 0

0 1,395 497

0 52 0

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

2012

2013

2014

2015

2016

2017

2018

2019

1,086 239

1,047 214

1,013 192

976 177

1,035 154

917 130

742 113

592 99

2,769 1,593

1,896 1,489

1,900 1,385

1,379 1,290

2,384 1,158

1,568 1,073

1,915 1,000

1,657 895

Notes: Long-term private nonguaranteed debt data for 2011 are World Bank staff estimates based on reports provided by the country. Data for 2007 include Bond prepayment and prepayment to Paris Club creditors. 233

PHILIPPINES (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

58,456 50,777 33,744 17,033 2,183 5,495 0

61,824 54,874 35,364 19,510 555 6,395 0

60,577 55,393 36,871 18,522 175 5,009 0

66,214 58,945 38,079 20,867 184 7,084 0

65,174 57,994 39,197 18,797 180 7,001 0

64,414 59,099 41,928 17,171 1,314 4,002 0

73,720 66,135 44,733 21,402 1,290 6,295 0

76,043 67,744 45,738 22,006 1,287 7,013 0

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

1 33,674 17,103 5,353

1 35,295 19,579 3,776

2 36,805 18,588 4,124

0 38,013 20,932 2,521

1 39,121 18,873 3,442

0 41,857 17,242 7,787

0 44,658 21,477 8,932

0 45,664 22,080 2,848

External debt flows Disbursements Long-term external debt IMF purchases

6,060 5,747 313

6,525 6,525 0

8,902 8,902 0

8,876 8,876 0

5,174 5,174 0

9,837 9,837 0

15,634 15,634 0

9,050 9,050 0

Principal repayments Long-term external debt IMF repurchases

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

6,378 6,378 0

9,524 9,524 0

7,299 7,299 0

Net flows Long-term external debt Short-term external debt

2,551 1,700 546

1,472 440 1,349

-2,284 -498 -1,386

4,611 2,536 2,075

-3,128 -3,045 -83

460 3,459 -2,999

8,403 6,110 2,293

2,469 1,751 718

Interest payments Long-term external debt IMF charges Short-term external debt

3,011 2,469 100 442

3,564 3,254 25 286

3,906 3,521 22 363

3,803 3,450 8 345

3,982 3,697 1 284

3,504 3,431 3 70

3,351 3,324 4 23

3,613 3,592 1 20

2,240 -202

1,664 1,465

2,707 2,525

3,245 3,178

1,436 -1,289

2,712 -1,096

1,635 503

1,869 1,038

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

.. 38.2 0.1 0.1 42.2

5.5 34.7 0.1 0.2 49.5

5.7 32.5 0.1 0.2 53.0

5.9 33.2 0.0 0.2 52.9

5.1 38.4 0.0 0.1 49.7

5.1 33.7 0.0 0.1 55.8

3.7 35.9 0.0 0.1 56.1

3.5 33.7 0.0 0.1 59.3

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

0.9 23.0 9.1

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 13.4

5.5 14.4 14.4

80,996 44,060 6,961 51,931 230 -2,228 13,090

102,768 37,031 13,561 46,442 1,391 1,980 15,926

120,950 45,525 15,239 53,381 2,015 5,341 20,025

148,461 51,227 16,285 58,268 2,133 7,112 30,211

173,708 52,392 18,628 64,012 1,675 3,627 33,193

168,141 47,317 19,726 54,238 2,150 9,358 38,783

199,902 59,105 21,369 66,831 2,125 8,922 55,363

226,046 62,067 22,973 72,631 2,137 7,078 67,290

132.7 72.2 16.0 9.4 12.3 22.4 3.0

167.0 60.2 26.9 10.3 10.7 25.8 4.1

133.1 50.1 30.1 8.3 11.3 33.1 4.5

129.3 44.6 19.8 10.7 10.9 45.6 6.2

124.4 37.5 23.3 10.7 11.4 50.9 6.2

136.1 38.3 20.9 6.2 13.1 60.2 8.6

124.7 36.9 21.8 8.5 11.4 75.1 9.9

122.5 33.6 17.6 9.2 11.9 88.5 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

6. Ratios

234

PHILIPPINES (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

55,393 36,871 18,613 6,874 2,690 196 11,739 18,258 16,386 813 18,522 2,476

58,945 38,079 19,576 7,219 2,726 195 12,357 18,503 16,904 636 20,867 1,993

57,994 39,197 21,601 7,414 2,533 187 14,186 17,596 16,144 662 18,797 1,314

59,099 41,928 22,059 8,449 2,488 181 13,610 19,870 18,627 886 17,171 956

66,135 44,733 23,215 8,372 2,567 171 14,843 21,518 20,221 994 21,402 1,651

67,744 45,738 23,575 9,055 3,278 163 14,520 22,162 20,930 1,012 22,006 1,579

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

5,747 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

5,174 2,130 1,454 860 192 0 594 677 576 100 3,044 0

9,837 8,127 2,352 1,703 361 0 648 5,776 5,510 264 1,710 0

15,634 8,252 1,370 491 438 0 879 6,882 6,680 201 7,382 1,012

9,050 4,912 1,669 1,256 968 0 413 3,242 3,115 127 4,139 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

6,378 3,841 1,722 651 394 7 1,070 2,120 1,644 53 2,537 339

9,524 6,813 1,818 671 379 7 1,147 4,996 4,807 108 2,711 174

7,299 4,819 1,960 629 269 8 1,331 2,859 2,651 118 2,480 158

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

2,469 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 2,841 542 248 112 1 294 2,299 2,257 26 590 88

3,324 2,977 498 196 81 1 301 2,479 2,441 26 347 25

3,592 2,837 478 182 75 1 295 2,359 2,321 33 755 147

-25 2,551

676 1,472

-1,247 -2,284

5,637 4,611

-1,039 -3,128

-760 460

9,306 8,403

2,323 2,469

0 0 0

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

2012

2013

2014

2015

2016

2017

2018

2019

2,098 464

2,257 427

2,047 390

1,722 358

1,672 327

1,618 296

1,614 264

1,556 234

2,700 1,936

3,092 1,902

3,421 1,802

3,081 1,697

4,832 1,579

3,539 1,367

2,535 1,286

4,387 1,175

Notes: Long-term private nonguaranteed debt data include unregistered debt, intercompany debt, and capital leases.

235

ROMANIA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

11,259 9,945 6,583 3,362 552 763 12

38,884 31,102 13,330 17,773 369 7,413 13

53,981 37,196 14,184 23,012 218 16,567 6

84,381 54,935 15,299 39,636 120 29,326 6

102,539 73,761 15,256 58,505 117 28,660 2

120,092 86,545 18,248 68,297 11,088 22,459 1

124,358 81,627 20,801 60,826 16,609 26,122 1

129,822 82,331 24,870 57,462 17,738 29,752 1

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

16 6,440 3,505 2,864

37 12,962 18,140 2,897

260 13,820 23,376 2,721

256 14,932 40,003 1,254

237 15,011 58,751 3,407

1 18,005 68,539 8,510

38 20,131 61,496 1,981

38 24,228 58,103 3,954

External debt flows Disbursements Long-term external debt IMF purchases

3,259 3,144 114

12,909 12,909 0

11,216 11,216 0

21,016 21,016 0

32,747 32,747 0

32,661 23,271 9,391

23,099 17,435 5,664

19,102 17,887 1,214

Principal repayments Long-term external debt IMF repurchases

1,802 1,706 96

5,322 5,170 152

6,465 6,298 167

8,345 8,239 105

14,475 14,475 0

13,169 13,169 0

15,784 15,784 0

15,733 15,733 0

Net flows Long-term external debt Short-term external debt

1,843 1,439 386

10,619 7,739 3,032

13,911 4,918 9,161

25,431 12,777 12,760

17,611 18,272 -662

13,292 10,101 -6,200

10,979 1,651 3,663

6,999 2,155 3,630

Interest payments Long-term external debt IMF charges Short-term external debt

703 632 28 42

1,589 1,247 16 326

2,178 1,402 14 762

3,252 1,961 7 1,284

3,630 2,926 1 703

3,175 2,775 80 320

2,802 2,180 306 316

3,363 2,460 469 435

1,037 58

6,866 229

11,451 301

10,290 746

13,849 23

4,926 7

3,204 4

3,044 -37

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

.. 5.3 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

68.8 3.4 0.7 0.5 18.8

70.7 4.4 0.3 0.4 17.0

77.6 3.5 0.1 0.2 13.1

81.5 3.8 0.0 0.1 10.4

86.1 3.4 0.0 0.0 7.6

5.9 17.1 4.2

2.1 23.0 6.4

3.6 19.1 5.3

4.7 19.9 5.9

4.0 14.4 12.7

2.9 11.6 5.6

1.9 22.8 6.3

1.8 12.4 10.8

9.1 5.8 2.5

3.8 10.0 7.8

4.2 11.2 3.8

5.1 13.6 3.6

6.4 10.8 9.0

4.8 9.2 3.5

5.0 5.3 4.9

5.2 5.1 5.0

36,768 12,438 96 14,653 72 -1,355 2,470

98,008 25,693 4,708 38,645 2,926 -8,504 19,872

119,825 32,240 6,673 51,150 4,164 -12,785 28,066

169,088 46,509 8,461 76,207 5,988 -23,080 37,194

199,261 59,740 9,285 92,343 4,362 -23,719 36,868

164,073 47,150 4,881 59,813 1,212 -6,955 40,757

159,032 54,886 3,879 66,927 717 -7,284 43,361

179,538 69,429 3,749 82,869 1,068 -8,541 42,939

90.5 30.6 20.1 6.8 29.9 21.9 2.0

151.3 39.7 26.9 19.1 14.4 51.1 6.2

167.4 45.0 26.8 30.7 11.3 52.0 6.6

181.4 49.9 24.9 34.8 8.0 44.1 5.9

171.6 51.5 30.3 28.0 7.1 36.0 4.8

254.7 73.2 34.7 18.7 8.9 33.9 8.2

226.6 78.2 33.9 21.0 10.8 34.9 7.8

187.0 72.3 27.5 22.9 12.3 33.1 6.2

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

6. Ratios

236

ROMANIA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

9,945 6,583 4,149 3,364 1,898 0 785 2,434 736 1,157 3,362 0

31,102 13,330 6,152 5,602 2,448 0 550 7,177 2,123 4,874 17,773 0

37,196 14,184 6,674 6,092 2,481 0 583 7,510 2,371 5,000 23,012 0

54,935 15,299 7,315 6,723 2,604 0 592 7,984 2,650 5,199 39,636 0

73,761 15,256 8,042 7,331 2,572 0 710 7,214 2,714 4,410 58,505 0

86,545 18,248 11,321 10,630 2,995 0 692 6,927 2,809 4,057 68,297 0

81,627 20,801 14,280 13,420 2,830 0 860 6,520 3,006 3,455 60,826 0

82,331 24,870 16,888 15,985 3,528 0 903 7,982 4,852 3,082 57,462 83

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

3,144 1,937 1,083 932 384 0 151 854 139 674 1,207 0

12,909 2,637 1,016 891 282 0 125 1,621 623 958 10,272 0

11,216 1,315 678 554 140 0 124 637 0 620 9,901 0

21,016 1,371 731 672 232 0 60 640 0 614 19,645 0

32,747 3,059 1,543 1,465 239 0 77 1,516 1,104 407 29,688 0

23,271 3,938 3,735 3,686 703 0 48 204 0 204 19,332 0

17,435 5,623 4,128 4,006 187 0 122 1,495 1,327 151 11,812 0

17,887 6,218 3,921 3,827 1,082 0 94 2,297 2,087 210 11,670 83

1,706 984 493 326 91 0 168 491 0 328 721 75

5,170 1,697 590 376 205 0 213 1,107 374 646 3,473 0

6,298 1,436 556 450 195 0 106 880 0 813 4,862 0

8,239 1,469 585 508 211 0 77 884 0 844 6,770 0

14,475 2,543 685 626 288 0 60 1,858 883 927 11,932 0

13,169 1,423 671 609 261 0 63 752 0 682 11,746 0

15,784 2,150 668 631 262 0 37 1,482 929 537 13,633 0

15,733 1,279 769 680 293 0 89 510 0 499 14,454 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

632 439 269 207 104 0 62 171 45 76 193 7

1,247 672 229 206 88 0 23 443 184 248 575 0

1,402 707 272 252 111 0 20 435 131 295 696 0

1,961 805 316 299 132 0 17 489 171 314 1,156 0

2,926 901 347 331 130 0 17 553 199 349 2,025 0

2,775 741 328 311 95 0 17 413 156 249 2,034 0

2,180 617 297 280 51 0 17 320 156 162 1,563 0

2,460 756 424 405 57 0 19 332 172 159 1,703 3

2,148 1,843

9,193 10,619

15,097 13,911

30,400 25,431

18,158 17,611

17,553 13,292

4,267 10,979

5,464 6,999

0 0 0

0 19 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

2012

2013

2014

2015

2016

2017

2018

2019

876 475

953 487

1,555 485

2,464 439

1,979 386

1,994 334

1,810 280

1,751 232

7,849 1,409

6,872 1,242

6,763 1,114

8,597 986

8,614 772

6,547 546

7,489 427

6,464 245

Notes: Short-term debt is based on Central Bank data.

237

RUSSIAN FEDERATION (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

146,547 111,914 90,152 21,762 19,002 15,630 4,530

249,821 214,584 95,226 119,358 8,107 27,131 3,151

308,815 259,681 130,315 129,367 8,533 40,601 747

471,182 361,956 151,051 210,905 8,963 100,263 606

493,928 410,984 151,075 259,910 8,736 74,208 655

479,036 417,048 197,370 219,678 8,892 53,096 427

510,152 441,154 183,184 257,970 8,735 60,263 56

542,977 464,333 192,220 272,113 8,708 69,936 52

7,368 90,152 21,762 76

2,064 95,226 119,358 21,270

506 130,315 129,367 15,541

39 151,051 210,905 33,983

115 151,075 259,910 22,419

0 197,370 219,678 23,209

0 183,184 257,970 32,735

0 192,220 272,113 36,988

External debt flows Disbursements Long-term external debt IMF purchases

1,386 1,386 0

48,438 48,438 0

49,862 49,862 0

76,335 76,335 0

89,916 89,916 0

39,826 39,826 0

53,752 53,752 0

79,345 79,345 0

Principal repayments Long-term external debt IMF repurchases

6,220 3,332 2,888

32,497 29,108 3,389

40,365 40,365 0

28,920 28,920 0

48,531 48,531 0

51,181 51,181 0

42,525 42,525 0

52,396 52,396 0

Net flows Long-term external debt Short-term external debt

-2,833 -1,945 2,000

16,575 19,330 634

25,371 9,497 15,874

107,217 47,415 59,803

15,281 41,385 -26,104

-32,238 -11,354 -20,883

18,764 11,227 7,538

36,626 26,949 9,677

Interest payments Long-term external debt IMF charges Short-term external debt

5,404 3,759 1,015 630

8,132 7,002 281 850

10,527 8,896 340 1,291

13,311 10,650 297 2,364

16,678 14,749 74 1,855

12,627 12,068 20 539

14,043 13,592 28 423

11,904 11,291 10 603

2,714 150

12,886 -100

29,701 6,480

55,073 18,675

75,002 -15,005

36,500 3,369

43,288 -4,808

52,878 -9,707

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

.. 1.0 0.2 0.0 65.0

9.6 1.0 0.0 0.0 84.5

2.6 0.7 0.0 0.0 93.2

2.4 0.5 0.0 0.0 94.5

3.2 0.5 0.0 0.0 94.0

2.7 0.3 0.0 0.0 95.5

2.7 0.3 0.0 0.2 95.5

1.0 0.2 0.0 0.2 97.7

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

6.9 23.1 14.4

1.1 14.9 5.3

7.1 9.1 2.1

4.8 13.8 1.5

6.3 6.4 2.7

5.8 5.2 2.1

4.1 12.5 1.0

4.1 22.7 1.2

4.1 16.3 3.2

4.1 15.7 3.3

252,972 119,350 1,275 72,580 887 46,839 24,264

744,977 283,165 2,429 197,525 19,483 84,602 175,891

960,335 360,620 2,665 264,397 34,601 94,686 295,568

1,268,989 436,655 3,464 355,381 43,195 77,768 466,750

1,626,045 578,928 4,594 472,633 62,290 103,530 411,750

1,182,452 375,181 4,101 323,714 37,472 48,605 416,649

1,431,124 479,084 4,382 404,404 48,643 71,080 443,586

1,743,703 613,408 4,951 511,382 60,453 98,834 453,948

122.8 57.9 9.7 10.7 4.8 16.6 4.0

88.2 33.5 14.3 10.9 2.3 70.4 10.7

85.6 32.2 14.1 13.1 1.8 95.7 13.4

107.9 37.1 9.7 21.3 1.1 99.1 15.8

85.3 30.4 11.3 15.0 0.9 83.4 10.5

127.7 40.5 17.0 11.1 0.8 87.0 15.4

106.5 35.6 11.8 11.8 0.6 87.0 13.2

88.5 31.1 10.5 12.9 0.4 83.6 10.7

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

6. Ratios

238

RUSSIAN FEDERATION (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

111,914 90,152 70,840 7,029 6,844 0 63,811 19,312 15,543 440 21,762 1,412

214,584 95,226 34,718 5,622 5,091 0 29,096 60,508 29,005 10,411 119,358 12,956

259,681 130,315 11,216 5,447 4,759 0 5,769 119,099 28,025 53,846 129,367 23,521

361,956 151,051 9,675 5,096 4,292 0 4,579 141,376 23,992 73,985 210,905 27,166

410,984 151,075 8,395 4,476 3,851 0 3,919 142,679 21,237 63,615 259,910 10,320

417,048 197,370 7,333 3,723 3,211 0 3,609 190,037 21,873 78,034 219,678 12,469

441,154 183,184 7,592 3,042 2,618 0 4,550 175,592 26,392 74,052 257,970 14,190

464,333 192,220 5,201 2,426 2,067 0 2,775 187,019 31,280 65,845 272,113 13,413

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

1,386 1,006 746 574 540 0 172 261 0 0 380 75

48,438 21,331 441 409 251 0 32 20,890 1,495 10,050 27,107 7,226

49,862 34,637 569 528 324 0 42 34,067 4,639 20,874 15,225 12,040

76,335 44,015 520 420 214 0 100 43,495 7,916 25,848 32,320 5,329

89,916 19,116 361 260 221 0 101 18,755 2,538 7,611 70,800 0

39,826 31,732 108 108 95 0 0 31,624 5,669 6,273 8,094 3,395

53,752 46,832 1,320 139 135 0 1,181 45,512 10,665 18,970 6,920 2,601

79,345 37,503 170 110 109 0 61 37,333 12,079 7,679 41,842 6,380

3,332 2,030 1,205 311 266 0 894 825 268 19 1,302 825

29,108 23,138 18,682 822 780 0 17,860 4,456 3,765 23 5,971 822

40,365 34,682 25,982 740 693 0 25,242 8,700 5,490 2,923 5,683 1,475

28,920 23,069 1,764 814 724 0 950 21,305 12,126 5,752 5,852 1,684

48,531 27,240 1,596 946 706 0 650 25,644 4,886 17,941 21,291 16,846

51,181 23,864 1,183 872 730 0 311 22,681 5,095 10,522 27,317 1,247

42,525 35,734 1,095 798 731 0 297 34,639 4,660 22,903 6,791 880

52,396 25,907 2,477 730 664 0 1,747 23,429 7,174 13,422 26,489 7,157

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

3,759 2,682 1,227 431 412 0 796 1,454 1,320 4 1,077 165

7,002 4,520 2,339 201 184 0 2,137 2,182 2,095 16 2,481 907

8,896 4,164 1,734 276 243 0 1,458 2,429 1,731 642 4,732 1,647

10,650 4,430 453 301 262 0 152 3,977 2,079 891 6,220 1,902

14,749 4,844 332 234 202 0 99 4,512 1,471 1,539 9,905 722

12,068 4,561 182 135 121 0 47 4,379 1,226 1,383 7,507 873

13,592 4,774 62 36 30 0 26 4,712 1,099 846 8,818 993

11,291 3,702 96 27 22 0 70 3,605 1,737 902 7,589 696

-33,479 -2,833

35,638 16,575

58,994 25,371

162,367 107,217

22,746 15,281

-14,892 -32,238

31,116 18,764

32,825 36,626

8,201 11,600 0

0 0 0

1,170 0 0

0 0 0

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

2012

2013

2014

2015

2016

2017

2018

2019

1,281 99

878 80

619 67

442 54

292 46

1,046 38

227 13

201 10

89,197 22,846

67,585 18,741

63,681 14,782

40,927 12,315

37,537 9,969

30,323 8,164

30,085 6,343

20,605 4,639

Notes: Long-term public and publicly guaranteed and long-term private nonguaranteed debt data are World Bank staff estimates based on reports provided by the country. 239

RWANDA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

1289.4 1147.7 1147.7 0.0 103.7 38.0 16.3

1528.5 1414.5 1414.5 0.0 96.6 17.4 13.4

433.6 389.5 389.5 0.0 24.9 19.2 12.2

606.2 565.9 565.9 0.0 29.8 10.6 10.6

683.9 645.7 645.7 0.0 32.5 5.7 0.7

869.4 723.5 723.5 0.0 135.7 10.1 0.1

912.8 765.5 765.5 0.0 133.2 14.1 0.1

1103.4 971.1 971.1 0.0 132.2 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

73.1 1147.7 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

2.1 765.5 0.0 138.3

0.3 971.1 0.0 257.1

External debt flows Disbursements Long-term external debt IMF purchases

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

222.8 222.8 0.0

Principal repayments Long-term external debt IMF repurchases

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

8.4 8.3 0.1

12.3 11.7 0.6

Net flows Long-term external debt Short-term external debt

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

196.5 211.1 -14.0

Interest payments Long-term external debt IMF charges Short-term external debt

12.2 8.5 2.2 1.5

11.4 10.2 1.0 0.2

9.0 7.9 0.9 0.3

7.4 6.5 0.8 0.2

5.8 5.5 0.2 0.1

6.2 5.8 0.3 0.1

6.6 6.0 0.4 0.2

7.3 7.0 0.1 0.1

8.3 ..

8.0 ..

11.2 ..

67.1 ..

103.4 ..

118.7 ..

42.3 21.4

106.0 ..

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

.. 0.4 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

3.8 0.0 0.0 0.0 46.8

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

0.7 40.6 5.8

0.0 0.0 0.0

1719.6 141.5 6.6 451.7 3.1 -94.4 190.6

2554.1 284.6 20.9 702.8 4.7 -52.1 405.8

3082.6 302.5 21.2 778.3 3.9 -180.0 439.7

3721.1 388.4 51.3 948.5 9.3 -146.6 552.8

4676.5 660.8 67.8 1431.3 15.4 -252.1 596.3

5215.9 525.2 92.6 1512.1 4.7 -382.9 742.7

5580.1 620.4 103.1 1699.2 3.7 -421.4 812.8

6320.6 .. 108.4 .. 0.0 -461.6 1050.0

911.2 75.0 25.7 2.9 77.3 14.8 5.1

537.0 59.8 9.9 1.1 88.8 26.5 6.9

143.3 14.1 8.8 4.4 77.3 101.4 6.8

156.1 16.3 6.1 1.7 77.1 91.2 7.0

103.5 14.6 2.2 0.8 82.2 87.2 5.0

165.5 16.7 2.2 1.2 70.8 85.4 5.9

147.1 16.4 2.4 1.5 70.0 89.0 5.7

.. 17.5 .. 0.0 74.3 95.2 ..

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

6. Ratios

240

RWANDA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

1147.7 1147.7 1146.6 996.6 0.0 691.9 150.0 1.1 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

765.5 765.5 765.5 639.3 0.0 259.4 126.2 0.0 0.0 0.0 0.0 0.0

971.1 971.1 971.1 819.7 0.0 391.7 151.5 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

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

222.8 222.8 222.8 197.9 0.0 138.2 24.9 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

8.3 8.3 8.3 7.0 0.0 0.5 1.3 0.0 0.0 0.0 0.0 0.0

11.7 11.7 11.7 9.4 0.0 2.4 2.3 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

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

7.0 7.0 7.0 4.9 0.0 2.2 2.1 0.0 0.0 0.0 0.0 0.0

-22.4 24.3

-149.3 66.6

-1094.9 52.3

172.7 62.6

77.7 110.5

185.5 88.1

43.5 57.0

190.5 196.5

6.8 0.3 0.0

8.0 105.0 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

3.0 4.1 0.0

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

2012

2013

2014

2015

2016

2017

2018

2019

21.6 9.5

24.3 10.1

31.1 10.5

37.0 10.6

38.0 10.4

38.5 10.1

38.9 9.8

40.1 9.4

0.0 0.0

Notes: Data include the effects HIPC and MDRI debt relief.

241

SAMOA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

139.2 137.7 137.7 0.0 1.5 0.0 0.0

169.1 167.5 167.5 0.0 1.6 0.0 0.0

165.4 163.7 163.7 0.0 1.7 0.0 0.0

187.7 185.9 185.9 0.0 1.8 0.0 0.0

207.4 205.6 205.6 0.0 1.8 0.0 0.0

252.9 226.4 226.4 0.0 26.5 0.0 0.0

325.1 299.1 299.1 0.0 26.0 0.0 0.0

368.3 342.4 342.4 0.0 25.9 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

0.0 137.7 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

0.0 342.4 0.0 12.0

External debt flows Disbursements Long-term external debt IMF purchases

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

46.9 46.9 0.0

Principal repayments Long-term external debt IMF repurchases

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

7.2 7.2 0.0

7.8 7.8 0.0

Net flows Long-term external debt Short-term external debt

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

39.2 39.2 0.0

Interest payments Long-term external debt IMF charges Short-term external debt

1.3 1.3 0.1 0.0

1.6 1.5 0.0 0.0

2.1 2.1 0.1 0.0

1.7 1.6 0.1 0.0

2.1 2.1 0.0 0.0

2.5 2.5 0.0 0.0

3.4 3.3 0.1 0.0

4.1 4.1 0.0 0.0

-1.5 ..

3.8 ..

28.4 ..

6.8 ..

45.9 ..

3.0 ..

5.3 ..

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 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

0.3 6.3 0.0 0.0 29.0

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

1.1 19.6 5.1

0.0 0.0 0.0

245.6 .. 45.0 .. .. .. 63.7

388.2 147.3 81.6 300.2 30.0 -47.3 81.8

418.7 152.8 87.2 328.8 27.5 -77.9 80.7

492.1 188.5 96.6 344.3 37.9 -45.7 95.4

539.6 193.5 111.4 377.8 50.5 -56.2 87.1

506.5 181.3 122.3 317.7 21.8 -7.8 165.8

578.2 201.2 122.1 400.5 22.1 -66.7 209.4

629.2 203.7 139.1 432.7 29.4 -78.2 166.8

.. 56.7 .. .. 92.9 45.7 ..

114.8 43.6 3.9 .. 91.7 48.4 3.3

108.3 39.5 4.6 .. 98.8 48.8 2.9

99.6 38.1 3.7 .. 94.2 50.8 3.3

107.2 38.4 4.2 .. 84.9 42.0 2.8

139.5 49.9 4.7 .. 71.2 65.6 6.3

161.6 56.2 5.3 .. 67.4 64.4 6.3

180.8 58.5 5.8 .. 60.8 45.3 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

6. Ratios

242

SAMOA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

342.4 342.4 342.4 223.8 0.0 100.0 118.6 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

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

46.9 46.9 46.9 13.2 0.0 3.2 33.8 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

7.8 7.8 7.8 7.7 0.0 2.3 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

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

4.1 4.1 4.1 2.2 0.0 0.8 1.9 0.0 0.0 0.0 0.0 0.0

-8.8 2.5

-7.4 6.1

-3.7 2.4

22.3 12.6

19.7 19.6

45.5 28.1

72.2 71.6

43.2 39.2

0.0 0.0 0.0

0.0 12.2 0.0

0.0 0.0 0.0

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

2012

2013

2014

2015

2016

2017

2018

2019

8.3 3.9

9.3 4.0

13.1 4.0

14.4 3.9

16.6 3.9

18.4 3.7

21.0 3.6

20.2 3.4

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 2009, 2010, and 2011 are $1.2 billion, $2.1 billion, and $2.5 billion respectively. 243

SAO TOME AND PRINCIPE (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

304.8 278.3 278.3 0.0 3.3 23.3 11.3

335.6 317.1 317.1 0.0 4.1 14.4 14.4

351.6 331.4 331.4 0.0 5.0 15.1 14.1

166.2 143.5 143.5 0.0 3.5 19.2 8.2

131.7 108.7 108.7 0.0 4.8 18.2 8.2

159.9 125.0 125.0 0.0 15.6 19.4 8.4

181.1 145.3 145.3 0.0 15.9 19.9 5.9

231.0 189.2 189.2 0.0 15.8 25.9 5.9

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

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 14.0

67.7 140.3 5.0 66.3

69.7 184.2 5.0 13.6

External debt flows Disbursements Long-term external debt IMF purchases

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

47.8 47.8 0.0

Principal repayments Long-term external debt IMF repurchases

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

1.2 1.2 0.0

1.1 1.1 0.0

Net flows Long-term external debt Short-term external debt

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

52.7 46.7 6.0

Interest payments Long-term external debt IMF charges Short-term external debt

2.2 1.2 0.0 0.9

2.1 2.1 0.0 0.0

1.9 1.8 0.1 0.0

1.5 1.2 0.1 0.3

0.6 0.3 0.0 0.3

0.4 0.3 0.0 0.0

0.5 0.3 0.0 0.2

0.6 0.3 0.0 0.2

3.8 ..

15.7 ..

38.0 ..

36.0 ..

79.1 ..

15.5 ..

24.6 ..

18.0 ..

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 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

26.5 0.0 0.0 12.1 45.3

0.9 39.4 10.1

0.0 0.0 0.0

4.6 20.0 8.0

0.8 22.8 7.0

0.6 30.1 7.3

1.9 29.9 9.9

0.5 29.8 7.1

0.0 0.0 0.0

.. 17.1 0.5 42.0 0.0 -20.5 11.6

111.8 18.1 1.5 57.8 0.0 -36.3 26.7

126.5 22.4 1.6 80.6 0.0 -58.0 34.2

149.4 20.4 2.0 86.2 0.0 -64.5 39.3

184.9 19.6 3.0 115.8 0.0 -93.5 61.3

197.9 21.5 2.0 104.9 0.0 -78.8 66.7

203.4 25.9 2.0 135.9 0.0 -107.4 49.4

250.5 30.9 2.2 147.1 0.0 -106.0 51.5

1777.8 .. 25.4 7.6 55.5 3.8 3.3

1857.1 300.1 36.8 4.3 58.8 8.0 5.5

1568.5 277.9 31.5 4.3 57.8 9.7 5.1

813.8 111.2 31.7 11.5 22.7 23.7 5.5

671.5 71.2 11.9 13.8 27.2 46.5 6.4

745.0 80.8 9.8 12.1 23.0 41.7 7.6

698.1 89.0 6.4 11.0 20.6 27.3 4.4

747.5 92.2 5.4 11.2 18.0 22.3 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

6. Ratios

244

SAO TOME AND PRINCIPE (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

189.2 189.2 189.2 41.7 0.0 14.1 147.6 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

9.4 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

47.8 47.8 47.8 5.8 0.0 0.0 42.0 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

1.1 1.1 1.1 1.1 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

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

-17.0 9.7

-25.4 1.5

15.9 -0.2

-185.4 10.5

-34.5 3.9

28.2 18.7

21.2 22.1

49.9 52.7

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

0.0 0.1 0.0

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 2012

2013

2014

2015

2016

2017

2018

2019

5.0 1.4

4.5 1.5

4.1 1.6

5.2 1.7

3.1 1.7

0.0 0.0

Official creditors Principal Interest Private creditors Principal Interest Notes: Data include the effects of HIPC and MDRI debt relief.

245

SENEGAL (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

3,653 3,221 3,208 13 286 146 1

3,865 3,646 3,505 141 183 36 0

1,941 1,794 1,644 151 63 84 0

2,591 2,193 1,993 200 66 332 0

2,857 2,559 2,378 180 102 197 0

3,742 3,314 2,957 357 409 18 0

3,911 3,460 3,152 308 451 0 0

4,320 3,873 3,608 265 447 0 0

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

17 3,208 13 241

10 3,505 141 327

18 1,644 151 559

15 1,993 200 294

5 2,378 180 570

5 2,957 357 787

6 3,152 308 314

3 3,608 265 757

External debt flows Disbursements Long-term external debt IMF purchases

156 137 19

387 382 5

280 259 20

497 497 0

560 522 38

935 835 100

482 432 49

997 997 0

Principal repayments Long-term external debt IMF repurchases

148 127 21

145 112 34

111 111 0

126 126 0

125 125 0

148 148 0

227 227 1

235 232 3

Net flows Long-term external debt Short-term external debt

-153 10 -161

242 270 0

217 149 48

619 371 248

300 397 -135

608 688 -179

236 206 -18

762 765 0

Interest payments Long-term external debt IMF charges Short-term external debt

78 58 3 17

58 55 2 2

75 70 2 4

64 50 1 12

55 49 0 6

52 50 1 1

75 75 1 0

122 122 0 0

63 -2

56 -6

236 0

288 8

399 -93

330 -2

266 ..

286 ..

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 0.1 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 38.4

17.1 0.2 0.0 0.0 43.8

0.8 40.1 9.9

1.2 34.0 7.6

0.9 33.5 8.5

1.9 23.5 5.8

2.7 23.4 6.7

1.2 34.6 8.5

1.0 35.7 9.3

0.9 39.6 3.0

3.0 9.3 2.8

0.0 0.0 0.0

6.3 9.0 0.4

0.0 0.0 0.0

8.8 5.0 5.0

0.0 0.0 0.0

9.6 10.0 10.0

4,601 1,383 233 1,929 75 -332 388

8,559 2,450 789 3,880 62 -676 1,186

9,290 2,522 925 4,220 70 -861 1,334

11,224 3,011 1,192 5,613 78 -1,312 1,660

13,339 3,729 1,476 7,298 123 -1,884 1,602

12,591 3,275 1,350 5,613 147 -865 2,123

12,722 .. 1,350 .. .. -588 2,047

14,127 .. 1,442 .. .. .. 1,946

264.2 79.4 16.3 4.0 52.4 10.6 2.4

157.8 45.2 8.3 0.9 72.9 30.7 3.7

77.0 20.9 7.4 4.3 50.7 68.7 3.8

86.1 23.1 6.3 12.8 53.3 64.1 3.5

76.6 21.4 4.8 6.9 54.3 56.1 2.6

114.3 29.7 6.1 0.5 48.3 56.7 4.5

.. 30.7 .. .. 50.4 52.3 ..

.. 30.6 .. .. 51.8 45.0 ..

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

6. Ratios

246

SENEGAL (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

3,460 3,152 2,952 1,972 0 1,017 979 200 200 0 308 0

3,873 3,608 3,108 2,238 0 1,181 870 500 500 0 265 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

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

432 349 349 246 0 113 103 0 0 0 83 0

997 916 416 363 0 179 53 500 500 0 81 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

232 135 135 57 0 7 78 0 0 0 96 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

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

122 108 57 26 0 8 31 51 51 0 15 0

-347 -153

-78 242

-1,924 217

650 619

266 300

884 608

170 236

408 762

0 24 0

31 49 0

262 2,442 0

4 146 0

2 3 0

0 0 0

0 23 0

0 15 200

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

2012

2013

2014

2015

2016

2017

2018

2019

169 45

169 44

131 42

142 42

147 41

153 40

166 38

177 36

66 53

66 52

66 50

66 49

0 48

Notes: Short-term debt is based on data from the BIS. Data include the effects of Paris Club debt restructuring agreement and HIPC and MDRI debt relief.

247

SERBIA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

11,573 6,789 6,178 611 226 4,558 3,668

16,159 12,970 7,756 5,214 947 2,242 728

19,886 17,560 7,752 9,808 85 2,241 584

26,212 23,873 8,469 15,404 90 2,249 703

30,493 26,719 8,399 18,320 87 3,687 704

33,814 27,915 8,839 19,076 2,299 3,600 712

32,935 27,417 9,504 17,912 2,720 2,798 352

31,569 27,624 11,184 16,440 2,783 1,162 324

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 8,785 19,130 2,608

1,976 9,398 18,019 2,340

1,745 10,963 16,661 1,105

External debt flows Disbursements Long-term external debt IMF purchases

376 222 154

3,088 2,904 185

5,283 5,283 0

6,661 6,661 0

6,996 6,996 0

6,108 4,533 1,575

5,075 4,617 458

6,188 6,114 74

Principal repayments Long-term external debt IMF repurchases

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

4,257 4,257 0

Net flows Long-term external debt Short-term external debt

51 222 -252

2,827 2,334 515

3,868 3,964 143

4,216 4,328 -112

4,948 3,511 1,437

2,401 920 -95

1,201 1,186 -442

323 1,857 -1,607

Interest payments Long-term external debt IMF charges Short-term external debt

50 0 32 18

458 367 35 57

593 504 10 79

902 840 3 59

1,250 1,136 1 113

1,033 916 8 110

876 759 23 93

953 905 31 17

52 ..

2,051 ..

4,968 ..

3,432 772

2,996 -57

1,936 22

1,340 84

2,700 70

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 0.5 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

46.7 1.2 0.1 2.9 46.2

46.8 1.1 0.1 2.3 47.1

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 21.0 5.8

2.2 15.5 4.0

1.5 19.3 15.0

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

7.3 10.0 10.0

6,082 .. .. .. .. .. 392

24,910 .. .. .. .. .. 5,628

28,806 .. .. .. .. .. 11,648

38,122 12,579 3,062 23,401 596 -6,890 13,893

46,405 15,792 2,708 29,927 890 -10,395 11,123

39,459 12,544 3,933 20,348 451 -2,867 14,769

37,544 13,932 3,349 21,169 552 -2,820 12,715

43,991 16,561 3,271 25,052 531 -4,113 14,877

.. 190.3 .. 39.4 12.4 3.4 ..

.. 64.9 .. 13.9 22.0 34.8 ..

.. 69.0 .. 11.3 19.9 58.6 ..

208.4 68.8 25.7 8.6 17.2 53.0 7.1

193.1 65.7 30.0 12.1 14.9 36.5 4.5

269.6 85.7 37.0 10.6 13.0 43.7 8.7

236.4 87.7 30.9 8.5 14.8 38.6 7.2

190.6 71.8 31.5 3.7 16.7 47.1 7.1

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

6. Ratios

248

SERBIA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

27,915 8,839 7,664 4,408 1,783 676 3,256 1,175 0 1,174 19,076 165

27,417 9,504 8,172 4,876 1,818 681 3,296 1,332 0 1,331 17,912 165

27,624 11,184 8,583 5,266 1,859 702 3,317 2,601 1,000 1,600 16,440 165

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

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

4,533 971 971 420 56 17 550 0 0 0 3,562 0

4,617 1,388 1,149 908 243 16 241 239 0 239 3,230 0

6,114 2,376 972 774 177 24 197 1,404 1,000 404 3,739 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

4,257 451 350 223 75 0 126 101 0 101 3,806 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

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

905 348 257 128 51 5 128 91 0 91 557 10

595 51

1,597 2,827

3,726 3,868

6,326 4,216

4,282 4,948

3,320 2,401

-879 1,201

-1,366 323

0 0 0

8 59 0

0 610 0

0 14 0

0 0 0

205 0 0

0 0 0

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

2012

2013

2014

2015

2016

2017

2018

2019

500 228

619 235

691 235

767 227

810 214

765 198

808 182

840 163

4,207 841

2,973 680

2,599 506

1,563 401

1,241 317

1,322 245

798 183

653 139

Notes: Beginning 2006, the data for Serbia exclude Montenegro.

249

SEYCHELLES (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

304 220 220 0 1 84 5

672 398 398 0 1 273 57

1,098 504 504 0 1 593 48

1,410 626 626 0 1 784 60

1,502 650 650 0 10 842 78

1,707 708 708 0 32 968 110

1,487 463 463 0 44 980 24

1,779 459 459 0 49 1,272 16

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

21 220 0 32

116 398 0 56

101 504 0 248

113 626 0 141

114 650 0 104

234 708 0 40

45 463 0 25

26 459 0 48

External debt flows Disbursements Long-term external debt IMF purchases

38 38 0

59 59 0

211 211 0

151 151 0

94 84 10

43 34 9

62 49 13

12 7 6

Principal repayments Long-term external debt IMF repurchases

10 10 0

41 41 0

124 124 0

46 46 0

53 53 0

43 43 0

9 9 0

8 8 0

Net flows Long-term external debt Short-term external debt

71 29 42

180 18 162

416 87 329

284 105 179

81 31 40

93 -10 94

151 40 98

305 -1 300

Interest payments Long-term external debt IMF charges Short-term external debt

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

27 9 0 17

24 ..

86 ..

146 ..

126 ..

129 ..

118 ..

167 ..

144 ..

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

.. 2.1 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

26.1 1.9 3.5 2.0 57.6

17.5 1.5 2.2 0.0 62.9

16.9 1.5 2.2 0.0 63.7

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

0.1 10.6 1.6

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

0.0 0.0 0.0

583 492 3 545 8 -43 44

877 729 12 935 20 -174 56

976 861 13 1,038 25 -134 113

955 1,029 5 1,212 15 -169 41

894 1,049 3 1,283 21 -201 64

795 1,036 16 1,175 8 -91 191

896 1,000 17 1,250 28 -225 236

965 1,099 19 1,353 0 -224 252

61.9 52.2 4.2 27.6 18.9 14.4 1.0

92.1 76.6 8.1 40.6 10.7 8.4 0.7

127.6 112.5 20.6 54.0 3.8 10.3 1.3

137.1 147.7 10.7 55.6 3.6 2.9 0.4

143.2 168.0 8.8 56.1 2.9 4.2 0.6

164.8 214.9 5.9 56.7 2.6 11.2 1.9

148.8 166.0 4.8 65.9 5.0 15.8 2.3

161.9 184.4 3.2 71.5 4.2 14.2 2.2

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

6. Ratios

250

SEYCHELLES (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

708 708 271 45 0 0 227 436 307 115 0 0

463 463 213 74 17 0 139 250 169 67 0 0

459 459 210 75 17 0 135 249 169 65 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

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

7 7 6 6 0 0 0 1 0 0 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

8 8 7 5 0 0 2 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

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

9 9 3 1 0 0 2 6 5 1 0 0

52 71

226 180

426 416

312 284

92 81

205 93

-220 151

292 305

0 0 0

26 7 0

7 0 0

0 0 0

4 0 0

76 8 0

243 192 0

35 10 0

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

2012

2013

2014

2015

2016

2017

2018

2019

11 2

18 2

22 2

20 2

19 2

20 2

6 6

8 6

17 6

25 5

22 5

18 4

251

SIERRA LEONE (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

1,213 973 973 0 196 44 36

1,776 1,538 1,538 0 217 21 11

1,500 1,428 1,428 0 61 11 11

551 482 482 0 64 5 0

634 545 545 0 80 9 0

857 605 605 0 229 23 0

931 661 661 0 266 4 0

1,049 740 740 0 274 35 0

66 973 0 65

246 1,538 0 43

250 1,428 0 48

220 482 0 65

220 545 0 67

220 605 0 92

220 661 0 96

216 740 0 95

External debt flows Disbursements Long-term external debt IMF purchases

90 77 14

71 51 21

40 27 13

31 31 0

87 69 18

81 62 19

109 66 43

109 95 14

Principal repayments Long-term external debt IMF repurchases

35 10 25

7 5 2

12 8 4

5 5 0

2 2 0

3 3 0

7 5 2

14 9 5

Net flows Long-term external debt Short-term external debt

57 67 1

54 46 -10

18 19 -10

31 26 5

89 67 4

92 59 14

83 62 -19

126 86 31

Interest payments Long-term external debt IMF charges Short-term external debt

13 9 4 0

11 9 2 0

12 10 2 0

6 4 1 0

4 3 0 0

5 4 1 0

5 4 0 0

7 6 0 0

39 ..

91 ..

59 ..

95 ..

53 ..

110 6

238 ..

715 ..

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

.. 7.1 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

1.5 0.0 0.0 0.0 65.0

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

1.2 29.8 4.7

0.0 0.0 0.0

616 62 7 262 2 -112 49

1,176 267 2 509 41 -105 171

1,364 315 16 487 27 -95 184

1,629 374 42 637 122 -160 217

1,916 348 23 685 76 -225 220

1,856 380 36 797 39 -327 405

1,910 427 44 1,094 46 -493 409

2,174 548 59 1,924 36 -1,127 439

1,941.0 196.8 76.4 3.6 47.5 4.1 2.3

664.7 151.0 6.9 1.2 48.6 9.6 4.0

476.5 110.0 7.8 0.7 56.8 12.3 4.5

147.4 33.8 2.9 0.9 40.4 39.3 4.1

182.1 33.1 1.7 1.4 43.1 34.7 3.9

225.8 46.2 2.1 2.7 37.6 47.3 6.1

218.3 48.8 2.7 0.4 39.9 43.9 4.5

191.5 48.2 3.8 3.3 39.5 41.9 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

6. Ratios

252

SIERRA LEONE (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

973 973 967 576 0 354 391 5 0 0 0 0

1,538 1,538 1,325 864 0 559 462 213 0 211 0 0

1,428 1,428 1,217 852 0 533 365 211 0 211 0 0

482 482 271 223 0 84 48 211 0 211 0 0

545 545 334 273 0 108 61 211 0 211 0 0

605 605 394 322 0 124 71 211 0 211 0 0

661 661 450 371 0 155 79 211 0 211 0 0

740 740 532 414 0 188 118 208 0 208 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

77 77 77 74 0 70 2 0 0 0 0 0

51 51 51 49 0 19 1 0 0 0 0 0

27 27 27 25 0 16 1 0 0 0 0 0

31 31 31 28 0 14 4 0 0 0 0 0

69 69 69 56 0 26 13 0 0 0 0 0

62 62 62 51 0 15 11 0 0 0 0 0

66 66 66 59 0 32 7 0 0 0 0 0

95 95 95 55 0 35 40 0 0 0 0 0

10 10 10 7 0 2 2 0 0 0 0 0

5 5 5 2 0 0 3 0 0 0 0 0

8 8 8 5 0 0 3 0 0 0 0 0

5 5 5 3 0 0 3 0 0 0 0 0

2 2 2 1 0 0 1 0 0 0 0 0

3 3 3 2 0 0 1 0 0 0 0 0

5 5 5 4 0 0 1 0 0 0 0 0

9 9 9 7 0 0 2 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

9 9 9 4 0 2 5 0 0 0 0 0

9 9 9 6 0 4 3 0 0 0 0 0

10 10 10 6 0 4 4 0 0 0 0 0

4 4 4 3 0 1 2 0 0 0 0 0

3 3 3 2 0 1 1 0 0 0 0 0

4 4 4 3 0 1 1 0 0 0 0 0

6 6 6 4 0 1 2 0 0 0 0 0

-72 57

121 54

-276 18

-949 31

83 89

223 92

74 83

118 126

0 0 0

5 34 0

5 256 0

9 959 0

8 7 0

12 4 0

0 4 0

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

2012

2013

2014

2015

2016

2017

2018

2019

18 6

18 7

21 7

24 7

40 6

37 6

29 6

0 0

Notes: Short-term debt is based on data from the BIS. Data include the effects of Paris Club debt restructuring agreement and HIPC and MDRI debt relief.

253

SOLOMON ISLANDS (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

156.2 152.1 120.7 31.5 0.9 3.2 1.8

167.4 151.2 144.2 7.0 0.9 15.3 12.3

174.5 157.9 150.9 7.0 1.0 15.6 13.6

178.3 173.9 148.1 25.9 1.0 3.4 3.4

166.9 162.8 137.1 25.8 1.0 3.1 3.1

172.4 154.4 132.9 21.5 15.5 2.5 1.5

230.8 201.9 125.3 76.6 24.9 4.0 4.0

255.5 210.3 117.8 92.4 34.4 10.9 8.9

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

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

14.9 117.8 92.4 0.0

External debt flows Disbursements Long-term external debt IMF purchases

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

37.1 27.3 9.9

Principal repayments Long-term external debt IMF repurchases

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

12.6 12.6 0.0

Net flows Long-term external debt Short-term external debt

-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

7.1 6.1 1.0

27.9 19.4 -1.0

26.5 14.7 2.0

Interest payments Long-term external debt IMF charges Short-term external debt

2.9 2.7 0.0 0.1

4.1 3.9 0.0 0.1

1.5 1.3 0.0 0.2

3.3 3.2 0.0 0.1

4.4 4.3 0.0 0.0

2.4 2.4 0.0 0.0

3.2 3.2 0.0 0.0

2.7 2.6 0.0 0.0

13.0 ..

0.5 ..

20.5 ..

42.8 ..

90.6 ..

115.4 ..

121.6 ..

146.4 ..

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

.. 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

3.7 0.0 0.0 0.0 80.6

0.8 40.0 10.5

0.0 0.0 0.0

3.5 24.5 3.5

0.0 0.0 0.0

5.0 5.1 0.0

0.0 4.0 0.6

0.0 0.0 0.0

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 94.8

460.9 179.6 1.9 294.9 23.6 -42.7 104.1

549.7 237.7 2.1 411.4 41.0 -80.9 120.5

551.5 289.7 1.7 524.0 103.5 -124.4 88.8

473.1 247.5 2.5 492.5 135.5 -128.7 146.0

554.7 350.5 1.7 686.4 127.0 -204.5 265.8

673.3 758.1 2.0 822.4 0.0 -64.3 412.3

121.3 35.9 7.1 2.1 64.3 20.5 2.2

108.1 40.3 9.1 9.1 63.9 56.7 4.5

97.2 37.9 2.4 9.0 65.2 59.6 4.2

75.0 32.4 5.9 1.9 68.2 67.6 3.5

57.6 30.3 5.2 1.8 68.1 53.2 2.0

69.7 36.5 4.0 1.5 64.6 84.7 3.6

65.8 41.6 5.9 1.7 45.8 115.2 4.6

33.7 37.9 2.0 4.2 39.1 161.4 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

6. Ratios

254

SOLOMON ISLANDS (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

210.3 117.8 117.8 99.9 0.0 40.4 18.0 0.0 0.0 0.0 92.4 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

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

27.3 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 27.3 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

12.6 6.6 6.5 4.8 0.0 1.3 1.7 0.1 0.0 0.0 6.0 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

2.7 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

2.6 1.7 1.7 1.0 0.0 0.3 0.7 0.0 0.0 0.0 0.9 0.0

-9.7 -4.4

-10.7 -2.3

7.1 1.2

3.8 11.8

-11.4 -9.7

5.5 7.1

58.3 27.9

24.7 26.5

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 1.9 0.0

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

2012

2013

2014

2015

2016

2017

2018

2019

6.7 1.7

6.6 1.6

6.9 1.5

6.5 1.4

6.5 1.3

6.2 1.2

5.9 1.1

5.8 1.4

8.6 0.6

8.6 0.5

8.6 0.4

8.6 0.3

8.6 0.2

8.6 0.1

Notes: Short-term debt is based on data from the BIS.

255

SOMALIA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

2,579 1,825 1,825 0 164 591 569

2,770 1,882 1,882 0 180 709 709

2,858 1,923 1,923 0 189 747 747

2,965 1,979 1,979 0 199 788 788

2,970 1,983 1,983 0 194 793 793

3,046 1,987 1,987 0 248 810 810

3,045 1,990 1,990 0 244 811 811

3,050 1,992 1,992 0 243 815 815

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

1,241 1,825 0 0

1,460 1,882 0 0

1,523 1,923 0 0

1,597 1,979 0 0

1,628 1,983 0 0

1,665 1,987 0 0

1,700 1,990 0 0

1,719 1,992 0 0

External debt flows Disbursements Long-term external debt IMF purchases

0 0 0

Principal repayments Long-term external debt IMF repurchases

0 0 0

Net flows Long-term external debt Short-term external debt

-7 0 -7

0 0 0

Interest payments Long-term external debt IMF charges Short-term external debt

1 0 1 0

2 0 2 0

0 0 0 0

0 ..

24 ..

96 ..

141 ..

87 ..

108 ..

112 ..

102 ..

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

.. 3.0 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

5.8 4.0 0.1 0.0 49.9

0.0 0.0 0.0

.. .. .. .. 0 .. ..

.. .. .. 22.9 27.5 .. ..

.. .. .. 25.6 27.3 .. ..

.. .. .. 26.1 27.3 .. ..

.. .. .. 26.6 27.3 .. ..

.. .. .. 26.7 27.0 .. ..

.. .. .. 26.6 26.4 .. ..

.. .. .. 26.6 26.3 .. ..

.. .. .. 26.7 26.2 .. ..

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

6. Ratios

256

SOMALIA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

1,992 1,992 1,955 800 0 442 1,155 36 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

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

-45 -7

-100 0

88 0

107 0

5 0

76 0

0 0

5 0

0 0 0

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

2012

2013

2014

2015

2016

2017

2018

2019

34 6

33 5

34 5

29 5

28 4

29 4

26 4

26 3

0 0

Notes: Long-term public and publicly guaranteed debt data are World Bank staff estimates based on the original terms of the loans.

257

SOUTH AFRICA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

25,148 15,308 9,088 6,220 287 9,553 0

48,044 33,453 21,834 11,619 315 14,276 0

55,999 35,101 20,542 14,559 332 20,566 0

69,364 44,972 19,707 25,265 348 24,044 0

68,052 42,251 20,016 22,235 339 25,462 0

77,275 53,190 24,658 28,532 2,799 21,286 0

102,348 77,869 39,017 38,852 2,750 21,730 0

113,512 91,909 46,669 45,240 2,741 18,862 0

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

0 8,054 7,254 2,223

0 21,834 11,619 2,270

0 20,542 14,559 1,876

0 19,707 25,265 1,870

0 20,016 22,235 1,216

0 24,658 28,532 7,578

0 39,017 38,852 6,614

0 46,669 45,240 3,773

External debt flows Disbursements Long-term external debt IMF purchases

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

8,036 8,036 0

Principal repayments Long-term external debt IMF repurchases

2,631 2,631 0

3,124 3,124 0

4,921 4,921 0

2,306 2,306 0

3,677 3,677 0

2,127 2,127 0

2,608 2,608 0

2,482 2,482 0

Net flows Long-term external debt Short-term external debt

-282 980 -1,262

5,597 2,516 3,081

6,246 -44 6,290

9,899 6,421 3,478

-388 -1,806 1,418

-1,964 2,212 -4,176

3,534 3,090 444

2,686 5,554 -2,868

Interest payments Long-term external debt IMF charges Short-term external debt

1,268 746 13 509

1,848 1,321 10 518

2,299 1,670 13 615

2,550 1,694 12 844

2,360 1,623 3 734

2,314 1,557 6 751

3,636 2,949 9 678

4,023 3,420 3 599

969 4,169

6,522 7,230

-184 14,959

5,737 8,670

9,645 -4,707

5,354 9,364

1,224 5,826

5,718 -3,769

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 0.0 0.0 92.0

9.6 0.0 0.0 0.0 55.9

20.9 0.0 0.0 0.0 45.4

19.1 0.0 0.0 0.0 51.1

14.2 0.0 0.0 0.0 53.5

11.9 0.0 0.0 0.0 49.8

7.0 0.0 0.0 0.0 36.6

5.7 0.0 0.0 0.0 40.9

5.9 12.3 4.0

0.0 0.0 0.0

1.2 19.7 5.2

0.8 28.1 7.1

0.5 19.9 5.4

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

5.5 10.0 10.0

129,704 39,507 344 38,771 2,329 -191 6,083

242,122 72,202 658 78,267 4,320 -8,518 18,579

255,872 84,117 734 95,499 4,843 -13,745 23,057

276,404 97,135 834 114,803 8,666 -20,018 29,589

264,928 104,867 823 122,618 8,031 -20,083 30,584

276,697 82,551 902 91,193 5,279 -11,327 35,237

356,294 104,355 1,119 112,194 6,165 -10,117 38,175

399,069 122,985 1,254 134,696 8,375 -13,683 42,595

63.7 19.4 9.9 38.0 0.6 24.2 1.9

66.5 19.8 6.9 29.7 0.6 38.7 2.8

66.6 21.9 8.6 36.7 0.6 41.2 2.9

71.4 25.1 5.0 34.7 0.4 42.7 3.1

64.9 25.7 5.8 37.4 0.4 44.9 3.0

93.6 27.9 5.4 27.5 0.3 45.6 4.6

98.1 28.7 6.0 21.2 1.1 37.3 4.1

92.3 28.4 5.3 16.6 1.3 37.5 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

6. Ratios

258

SOUTH AFRICA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

15,308 9,088 145 145 3 0 0 8,943 4,749 1,973 6,220 1,110

33,453 21,834 286 286 31 0 0 21,547 13,333 7,271 11,619 1,307

35,101 20,542 316 316 29 0 0 20,226 13,419 6,009 14,559 1,484

44,972 19,707 291 291 27 0 0 19,416 13,199 5,563 25,265 6,715

42,251 20,016 259 259 26 0 0 19,757 13,663 5,585 22,235 6,017

53,190 24,658 227 227 21 0 0 24,430 18,508 5,559 28,532 6,049

77,869 39,017 1,139 1,139 384 0 0 37,878 32,329 5,331 38,852 5,471

91,909 46,669 1,449 1,449 583 0 0 45,220 38,548 6,423 45,240 6,604

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

3,611 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

8,036 5,050 490 490 208 0 0 4,560 3,500 1,060 2,986 1,233

2,631 1,649 0 0 0 0 0 1,649 306 949 982 0

3,124 2,870 27 27 1 0 0 2,844 1,091 1,608 254 0

4,921 2,819 26 26 2 0 0 2,793 1,391 1,257 2,102 0

2,306 808 26 26 3 0 0 782 175 462 1,498 1,390

3,677 2,353 26 26 3 0 0 2,327 888 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

2,482 1,165 42 42 8 0 0 1,123 104 947 1,317 100

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

746 549 1 1 0 0 0 548 278 130 196 27

1,321 1,109 12 12 1 0 0 1,098 822 212 212 61

1,670 1,373 15 15 1 0 0 1,359 896 408 297 89

1,694 1,281 18 18 1 0 0 1,264 885 333 413 132

1,623 1,192 16 16 1 0 0 1,176 894 244 431 241

1,557 1,097 10 10 1 0 0 1,087 953 105 460 241

2,949 1,573 20 20 10 0 0 1,553 1,488 45 1,377 1,027

3,420 2,062 40 40 4 0 0 2,023 1,970 42 1,358 1,108

914 -282

6,469 5,597

7,955 6,246

13,366 9,899

-1,312 -388

9,223 -1,964

25,074 3,534

11,164 2,686

0 0 0

0 0 1,222

0 0 0

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

2012

2013

2014

2015

2016

2017

2018

2019

37 19

25 30

23 40

187 48

187 53

369 55

369 54

359 51

10,400 2,195

8,309 1,775

5,355 1,347

2,833 1,092

3,439 896

1,983 740

1,661 654

2,000 579

Notes: Long-term public and publicly guaranteed, long-term private nonguaranteed, and short-term debt data are World Bank staff estimates based on reports provided by the country. 259

SRI LANKA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

9,173 8,236 7,868 368 253 685 112

11,472 9,997 9,609 388 483 992 0

11,992 10,786 10,293 493 351 855 0

14,479 12,473 11,834 639 363 1,643 11

15,723 13,345 12,611 734 278 2,100 13

17,857 14,642 13,676 967 1,341 1,873 24

21,153 17,392 16,473 919 1,920 1,841 28

23,984 19,746 18,733 1,013 2,325 1,913 53

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

216 7,760 476 448

0 9,609 388 938

0 10,293 493 1,208

9 11,834 639 2,190

12 12,611 734 1,975

71 13,676 967 2,447

81 16,473 919 4,178

89 18,733 1,013 2,948

External debt flows Disbursements Long-term external debt IMF purchases

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

3,717 3,086 631

3,411 2,976 435

Principal repayments Long-term external debt IMF repurchases

539 453 86

266 228 38

660 507 154

539 534 5

882 804 78

1,064 967 97

749 715 34

811 798 12

Net flows Long-term external debt Short-term external debt

-25 279 -218

1,160 702 344

252 542 -137

1,935 1,164 777

811 435 455

1,545 1,242 -238

2,931 2,370 -36

2,647 2,177 47

Interest payments Long-term external debt IMF charges Short-term external debt

252 213 5 34

157 106 14 37

271 208 17 46

301 218 14 69

350 286 9 56

354 325 4 25

652 616 12 24

503 446 24 33

173 ..

272 -216

480 -304

603 -322

752 -488

404 -382

478 -1,049

956 -623

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

.. 30.0 0.5 0.2 38.4

7.8 30.4 0.1 0.0 40.8

9.1 29.1 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

9.5 29.3 0.0 0.0 42.7

8.0 28.2 0.0 0.0 47.7

6.9 26.6 0.0 0.0 51.7

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

1.7 25.0 4.4

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

5.9 9.9 9.3

16,016 6,527 1,166 8,554 109 -1,044 1,039

24,107 7,963 1,976 10,441 115 -650 2,650

27,879 8,819 2,167 12,321 362 -1,498 2,726

31,998 9,864 2,507 13,575 349 -1,401 3,380

39,746 10,338 2,925 16,889 470 -3,885 2,469

41,583 9,099 3,337 12,318 230 -215 4,616

48,950 11,423 4,123 16,159 303 -1,075 6,710

58,521 14,109 5,153 23,368 385 -4,615 6,248

140.5 57.3 12.1 7.5 37.2 11.3 1.5

144.1 47.6 5.3 8.6 39.7 23.1 3.0

136.0 43.0 10.6 7.1 41.2 22.7 2.7

146.8 45.3 8.5 11.4 37.0 23.3 3.0

152.1 39.6 11.9 13.4 35.4 15.7 1.8

196.3 42.9 15.6 10.5 32.9 25.9 4.5

185.2 43.2 12.3 8.7 28.7 31.7 5.0

170.0 41.0 9.3 8.0 26.4 26.1 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

6. Ratios

260

SRI LANKA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

8,236 7,868 6,928 3,412 13 1,610 3,516 940 65 356 368 0

9,997 9,609 8,982 4,554 0 2,095 4,427 627 65 455 388 100

10,786 10,293 9,581 4,945 0 2,245 4,636 712 65 577 493 100

12,473 11,834 10,372 5,362 0 2,357 5,009 1,462 565 821 639 100

13,345 12,611 11,285 5,559 0 2,381 5,725 1,327 500 755 734 100

14,642 13,676 11,933 5,875 0 2,487 6,058 1,743 1,000 672 967 0

17,392 16,473 13,603 6,079 0 2,531 7,524 2,870 2,000 783 919 0

19,746 18,733 14,791 6,331 0 2,652 8,459 3,943 3,000 825 1,013 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

732 563 348 123 0 47 225 215 0 42 169 0

929 818 670 347 0 113 322 149 0 143 111 0

1,049 918 767 328 0 100 439 151 0 151 131 0

1,698 1,524 754 266 0 74 488 769 500 269 174 0

1,238 1,083 789 374 0 95 415 293 0 293 156 0

2,209 1,822 1,160 424 0 147 736 662 500 155 387 0

3,086 2,989 1,805 468 0 142 1,337 1,183 1,000 167 97 0

2,976 2,732 1,594 488 0 201 1,105 1,138 1,000 101 244 0

453 439 216 50 5 18 167 223 50 94 14 0

228 209 123 84 1 40 39 86 0 53 19 0

507 481 399 100 0 43 299 82 0 45 26 0

534 506 449 114 0 49 335 57 0 49 28 0

804 743 518 146 0 55 372 224 65 151 61 0

967 812 555 163 0 56 393 257 0 250 154 100

715 570 507 174 0 59 333 64 0 56 145 0

798 644 581 213 0 69 368 64 0 55 154 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

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 20 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

616 596 308 54 0 18 254 288 72 12 20 0

446 403 266 62 0 20 204 137 124 13 43 0

-718 -25

323 1,160

520 252

2,488 1,935

1,244 811

2,134 1,545

3,296 2,931

2,831 2,647

0 9 0

265 2 0

0 0 0

0 1 0

0 8 0

0 0 0

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

2012

2013

2014

2015

2016

2017

2018

2019

830 276

825 294

962 298

1,102 289

1,180 275

1,201 259

1,208 242

1,204 220

884 308

324 221

286 208

716 178

186 152

155 145

158 140

125 135

Notes: Long-term private nonguaranteed debt data for 2011 are World Bank staff estimates.

261

ST. LUCIA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

222.2 153.5 153.5 0.0 1.0 67.8 0.0

415.7 238.6 238.6 0.0 1.1 176.0 0.0

369.1 250.9 250.9 0.0 1.1 117.0 0.0

474.9 300.4 300.4 0.0 1.2 173.3 0.3

832.8 316.7 316.7 0.0 1.1 514.9 0.9

433.1 314.9 314.9 0.0 33.6 84.6 2.6

579.8 321.4 321.4 0.0 33.0 225.3 5.3

448.0 309.9 309.9 0.0 41.2 96.9 3.9

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

0.0 153.5 0.0 167.3

0.0 238.6 0.0 8.2

0.0 250.9 0.0 4.4

0.4 300.4 0.0 9.8

0.0 316.7 0.0 38.6

2.1 314.9 0.0 12.6

3.5 321.4 0.0 39.0

1.6 309.9 0.0 21.5

External debt flows Disbursements Long-term external debt IMF purchases

48.7 48.7 0.0

12.6 12.6 0.0

26.3 26.3 0.0

24.4 24.4 0.0

11.6 11.6 0.0

36.0 25.4 10.6

36.6 36.6 0.0

28.3 19.9 8.5

Principal repayments Long-term external debt IMF repurchases

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

27.8 27.8 0.0

29.9 29.9 0.0

31.5 31.5 0.0

Net flows Long-term external debt Short-term external debt

40.3 27.8 12.5

65.4 -1.6 67.0

-50.5 8.5 -59.0

54.1 -1.9 56.0

320.1 -20.9 341.0

-423.8 -2.4 -432.0

144.6 6.6 138.0

-130.1 -11.6 -127.0

Interest payments Long-term external debt IMF charges Short-term external debt

9.2 6.4 0.0 2.8

17.6 12.8 0.0 4.8

16.0 12.2 0.0 3.7

20.4 14.9 0.0 5.5

25.5 15.1 0.0 10.3

15.5 13.4 0.1 2.1

16.3 10.6 0.1 5.6

13.5 11.3 0.1 2.2

53.7 ..

78.2 ..

233.9 ..

271.9 ..

161.2 ..

146.4 ..

110.0 ..

81.0 ..

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

.. 0.3 2.1 0.0 55.0

6.6 0.0 0.2 0.0 69.0

6.9 0.0 0.0 0.0 65.7

8.1 0.0 0.0 0.0 67.5

6.0 0.0 0.0 0.0 71.2

5.6 0.0 0.0 0.0 71.4

4.3 0.0 0.0 0.0 73.4

3.8 0.0 0.0 0.0 72.8

2.2 22.6 6.4

2.5 24.9 7.8

0.0 0.0 0.0

0.8 34.6 10.1

2.3 25.7 5.9

3.4 14.0 0.8

1.3 28.7 7.8

1.1 30.9 0.3

8.7 13.2 13.2

0.0 0.0 0.0

7.2 10.3 10.3

0.0 0.0 0.0

7.2 6.0 6.0

0.0 0.0 0.0

676.5 380.6 26.4 494.2 33.4 -94.8 78.8

808.5 533.0 27.1 675.5 51.1 -129.5 116.4

930.2 451.8 27.8 772.8 34.0 -309.0 134.5

994.7 469.5 28.6 827.8 45.1 -344.7 153.7

1056.1 544.3 28.9 900.4 52.5 -339.9 142.8

1057.2 560.5 28.0 712.6 35.3 -139.7 174.8

1157.9 646.7 29.0 844.7 31.7 -182.8 206.3

1192.0 577.6 29.5 882.0 32.8 -283.8 213.4

58.4 32.9 7.9 30.5 44.8 35.5 1.9

78.0 51.4 6.0 42.3 34.7 28.0 2.1

81.7 39.7 7.5 31.7 42.1 36.5 2.1

101.1 47.7 10.0 36.5 35.8 32.4 2.2

153.0 78.8 10.6 61.8 24.7 17.1 1.9

77.3 41.0 7.7 19.5 49.8 40.4 2.9

89.7 50.1 7.1 38.9 41.0 35.6 2.9

77.6 37.6 7.8 21.6 53.1 47.6 2.9

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

6. Ratios

262

ST. LUCIA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

153.5 153.5 120.7 99.5 6.0 11.6 21.3 32.8 0.0 32.8 0.0 0.0

238.6 238.6 164.6 144.1 10.3 27.2 20.4 74.0 0.0 74.0 0.0 0.0

250.9 250.9 178.5 155.6 10.0 40.7 23.0 72.4 4.4 68.0 0.0 0.0

300.4 300.4 201.8 170.0 17.8 46.2 31.8 98.6 4.4 94.2 0.0 0.0

316.7 316.7 233.1 206.0 18.2 49.2 27.1 83.6 4.4 79.2 0.0 0.0

314.9 314.9 239.8 215.7 19.2 50.0 24.1 75.1 7.8 67.3 0.0 0.0

321.4 321.4 258.2 237.5 20.8 59.5 20.7 63.3 7.8 55.4 0.0 0.0

309.9 309.9 258.6 237.9 18.0 64.0 20.7 51.4 7.8 43.5 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

48.7 48.7 16.8 15.7 0.9 0.7 1.1 31.9 0.0 31.9 0.0 0.0

12.6 12.6 12.6 8.2 1.1 3.5 4.4 0.0 0.0 0.0 0.0 0.0

26.3 26.3 21.9 17.7 0.7 12.2 4.1 4.4 4.4 0.0 0.0 0.0

24.4 24.4 24.4 18.5 9.6 4.1 5.9 0.0 0.0 0.0 0.0 0.0

11.6 11.6 11.6 8.9 2.6 3.9 2.7 0.0 0.0 0.0 0.0 0.0

25.4 25.4 22.0 22.0 3.8 0.9 0.0 3.4 3.4 0.0 0.0 0.0

36.6 36.6 36.6 35.1 4.5 10.8 1.5 0.0 0.0 0.0 0.0 0.0

19.9 19.9 19.9 16.9 0.1 5.5 3.0 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

27.8 27.8 16.0 12.6 2.7 0.5 3.4 11.9 0.0 11.9 0.0 0.0

29.9 29.9 18.0 14.3 2.8 0.6 3.7 11.9 0.0 11.9 0.0 0.0

31.5 31.5 19.6 16.8 2.7 0.7 2.8 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

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

14.9 14.9 6.2 4.8 0.7 0.3 1.3 8.7 0.3 8.4 0.0 0.0

15.1 15.1 8.3 7.2 0.9 0.4 1.1 6.9 0.3 6.6 0.0 0.0

13.4 13.4 7.4 6.4 0.9 0.4 1.0 6.1 0.3 5.8 0.0 0.0

10.6 10.6 7.4 6.5 0.7 0.4 0.9 3.2 0.6 2.7 0.0 0.0

11.3 11.3 6.7 6.1 0.7 0.5 0.6 4.6 0.6 4.0 0.0 0.0

36.9 40.3

60.0 65.4

-46.6 -50.5

105.8 54.1

357.9 320.1

-399.6 -423.8

146.6 144.6

-131.7 -130.1

0.0 0.0 0.0

67.5 0.0 0.0

0.0 0.0 0.0

0.2 0.0 0.0

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

2012

2013

2014

2015

2016

2017

2018

2019

21.4 4.8

17.3 4.5

17.5 4.2

18.2 3.8

18.2 3.4

17.3 3.1

17.0 2.7

15.1 2.4

10.0 4.0

6.9 3.3

1.1 2.9

28.0 1.8

5.2 0.2

0.2 0.0

0.0 0.0

Notes: Short-term debt is based on data from the BIS.

263

ST. VINCENT AND THE GRENADINES (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

195.1 163.3 163.3 0.0 0.5 31.4 0.4

252.6 247.8 247.8 0.0 0.5 4.3 4.3

243.5 242.5 242.5 0.0 0.5 0.5 0.5

201.9 199.8 199.8 0.0 0.6 1.6 1.6

204.6 203.9 203.9 0.0 0.5 0.2 0.2

222.0 203.2 203.2 0.0 18.3 0.5 0.5

273.4 255.5 255.5 0.0 17.9 0.0 0.0

282.8 259.8 259.8 0.0 23.0 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

0.9 163.3 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

0.2 255.5 0.0 59.3

0.2 259.8 0.0 52.6

External debt flows Disbursements Long-term external debt IMF purchases

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

31.2 25.9 5.2

Principal repayments Long-term external debt IMF repurchases

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

22.7 22.7 0.0

21.4 21.4 0.0

Net flows Long-term external debt Short-term external debt

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

53.5 53.5 0.0

9.7 4.5 0.0

Interest payments Long-term external debt IMF charges Short-term external debt

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

8.9 8.9 0.0 0.0

37.7 ..

40.1 ..

109.1 ..

119.4 ..

159.2 ..

104.5 ..

102.9 ..

109.9 ..

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 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

2.4 0.0 0.0 0.0 88.4

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

1.0 25.0 1.8

0.0 0.0 0.0

7.0 10.0 0.5

0.0 0.0 0.0

8.5 10.0 0.5

0.0 0.0 0.0

378.3 182.6 22.5 222.8 12.7 -23.9 55.2

521.8 208.9 22.4 329.2 22.1 -102.2 69.5

585.3 225.6 25.6 365.2 23.0 -119.4 78.7

662.7 225.6 28.9 437.5 19.6 -191.7 87.0

676.3 220.3 26.8 463.8 18.1 -230.3 83.7

659.3 206.0 29.1 414.7 12.4 -197.3 87.8

657.4 196.2 29.1 419.2 16.2 -213.0 112.7

671.8 199.3 29.5 417.0 16.3 -207.6 89.6

106.9 51.6 7.2 16.1 33.9 28.3 3.0

120.9 48.4 11.3 1.7 32.8 27.5 2.5

107.9 41.6 14.8 0.2 38.4 32.3 2.6

89.5 30.5 12.3 0.8 52.4 43.1 2.4

92.9 30.3 13.4 0.1 52.7 40.9 2.2

107.7 33.7 15.1 0.2 54.5 39.6 2.5

139.3 41.6 16.0 .. 69.0 41.2 3.2

141.9 42.1 15.2 .. 73.1 31.7 2.6

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

6. Ratios

264

ST. VINCENT AND THE GRENADINES (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

255.5 255.5 206.7 188.5 5.2 21.3 18.2 48.7 0.0 40.3 0.0 0.0

259.8 259.8 222.0 206.8 6.8 21.7 15.2 37.8 0.0 32.3 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

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

25.9 25.9 25.9 25.9 2.3 0.8 0.0 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

22.7 22.7 11.6 8.0 0.4 0.4 3.7 11.1 0.0 7.9 0.0 0.0

21.4 21.4 10.5 7.5 0.7 0.4 3.0 10.9 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

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

8.9 8.9 5.4 4.9 0.2 0.2 0.6 3.4 0.0 2.9 0.0 0.0

1.3 1.6

24.0 26.9

-9.1 -8.0

-41.5 -2.9

2.6 4.7

17.4 4.6

51.5 53.5

9.4 9.7

0.0 0.0 0.0

0.0 42.9 0.0

0.0 0.0 0.0

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

2012

2013

2014

2015

2016

2017

2018

2019

17.7 4.8

16.2 4.7

15.2 4.5

17.7 4.2

18.3 3.9

17.5 3.5

16.8 3.1

15.4 2.7

11.1 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

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 2009, 2010, and 2011 are $475 million, $480 million, and $385 million respectively. 265

SUDAN (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

16,085 10,647 10,151 496 693 4,745 4,474

17,613 11,232 11,232 0 593 5,788 5,377

18,563 11,922 11,922 0 596 6,044 5,708

19,633 12,738 12,738 0 565 6,331 6,057

20,280 13,120 13,120 0 486 6,673 6,197

21,128 13,707 13,707 0 682 6,740 6,523

22,233 14,444 14,444 0 664 7,126 6,772

21,169 15,123 15,123 0 651 5,394 4,883

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

7,291 10,647 0 343

7,753 11,232 0 358

8,117 11,922 0 606

8,377 12,738 0 285

8,247 13,120 0 1,036

8,371 13,707 0 1,104

8,521 14,444 0 847

9,748 15,123 0 556

External debt flows Disbursements Long-term external debt IMF purchases

861 861 0

387 387 0

549 549 0

717 717 0

673 673 0

971 971 0

935 935 0

792 792 0

Principal repayments Long-term external debt IMF repurchases

197 143 54

319 291 28

236 209 27

276 216 60

284 219 66

373 362 11

403 397 6

426 416 11

Net flows Long-term external debt Short-term external debt

625 718 -39

76 95 9

238 339 -75

379 501 -62

591 454 202

339 609 -259

669 538 137

523 377 157

Interest payments Long-term external debt IMF charges Short-term external debt

51 42 3 5

81 67 3 12

67 54 3 10

105 87 3 16

81 68 1 12

115 111 1 3

89 83 1 5

109 100 0 8

392 0

2,305 0

3,534 -35

2,426 -17

2,601 0

1,816 0

2,064 1

1,936 ..

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 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

8.5 0.7 2.1 14.3 52.0

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

1.9 25.0 7.1

0.0 0.0 0.0

0.8 7.0 0.0

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 8,686 2,135 12,697 2,065 -2,998 1,094

60,403 11,796 1,420 13,770 2,393 157 1,036

.. .. 1,478 .. 0 .. 193

874.8 142.3 13.5 29.5 12.2 0.9 0.6

353.5 67.6 8.0 32.9 14.6 10.6 2.4

309.7 54.5 5.1 32.6 15.0 8.9 1.7

207.8 46.1 4.0 32.2 15.9 7.0 1.3

166.1 38.2 3.0 32.9 16.2 6.9 1.2

243.2 42.2 5.6 31.9 15.7 5.2 1.0

188.5 36.8 4.2 32.0 15.0 4.7 0.9

.. .. .. 25.5 16.5 0.9 ..

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

6. Ratios

266

SUDAN (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

15,123 15,123 11,350 3,489 0 1,287 7,862 3,773 0 2,122 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

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

792 792 792 222 0 0 571 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

416 416 416 73 0 0 343 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

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

100 100 100 34 0 0 67 0 0 0 0 0

-119 625

-774 76

949 238

1,071 379

646 591

848 339

1,105 669

-1,065 523

8 0 0

0 15 0

0 0 0

0 52 0

0 108 0

0 52 0

259 0 0

0 811 0

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

2012

2013

2014

2015

2016

2017

2018

2019

700 152

612 146

632 147

578 141

507 130

466 124

449 115

419 106

0 0

Notes: Long-term public and publicly guaranteed debt data exclude penalty interest. Short-term debt is based on data from the BIS.

267

SWAZILAND (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

273.2 262.9 262.9 0.0 8.4 1.8 0.0

451.5 362.2 362.2 0.0 9.2 80.1 15.1

423.5 364.7 364.7 0.0 9.7 49.1 18.1

414.3 368.6 368.6 0.0 10.2 35.5 5.5

436.9 355.0 355.0 0.0 9.9 72.0 15.0

493.5 390.8 390.8 0.0 75.7 27.0 25.0

690.2 385.2 385.2 0.0 74.4 230.7 35.7

604.5 343.8 343.8 0.0 74.1 186.6 33.6

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

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

31.4 343.8 0.0 46.9

External debt flows Disbursements Long-term external debt IMF purchases

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

10.1 10.1 0.0

Principal repayments Long-term external debt IMF repurchases

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

23.6 23.6 0.0

Net flows Long-term external debt Short-term external debt

-47.5 3.4 -50.9

54.1 33.1 21.0

-28.5 5.5 -34.0

-11.0 -10.0 -1.0

50.1 23.1 27.0

-50.2 4.8 -55.0

174.1 -18.9 193.0

-55.6 -13.6 -42.0

Interest payments Long-term external debt IMF charges Short-term external debt

18.5 16.1 0.4 2.1

16.7 13.6 0.3 2.8

18.5 15.1 0.4 3.1

25.1 23.4 0.3 1.4

21.0 18.8 0.1 2.1

16.1 15.8 0.2 0.1

15.9 13.0 0.2 2.7

19.3 16.4 0.1 2.8

90.7 1.4

-45.9 0.8

121.0 5.5

37.5 1.0

105.7 43.9

65.7 -6.6

135.7 4.7

94.8 ..

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

.. 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

16.5 0.0 0.0 0.0 15.4

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

0.8 18.9 4.4

0.0 0.0 0.0

1558.7 1376.4 56.9 1522.9 65.9 -45.9 351.8

2762.4 2075.9 95.4 2276.0 44.0 -102.6 243.9

2961.9 2079.5 95.7 2407.6 167.0 -196.6 372.5

3094.9 2399.7 95.1 2659.2 160.0 -65.5 774.2

3014.6 2042.3 89.6 2483.4 252.7 -231.2 751.9

2827.0 2066.2 93.5 2672.4 352.5 -414.3 958.9

3471.5 2275.3 54.7 3063.4 401.6 -388.3 756.3

3897.0 2229.4 54.7 2909.3 0.0 -191.8 600.5

19.8 17.5 2.2 0.7 54.9 128.8 2.8

21.7 16.3 1.7 17.7 53.0 54.0 1.3

20.4 14.3 1.7 11.6 58.1 88.0 1.9

17.3 13.4 2.0 8.6 60.8 186.9 3.5

21.4 14.5 2.7 16.5 55.1 172.1 3.6

23.9 17.5 2.2 5.5 51.6 194.3 4.3

30.3 19.9 1.9 33.4 34.7 109.6 3.0

27.1 15.5 1.9 30.9 35.4 99.3 2.5

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

6. Ratios

268

SWAZILAND (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

343.8 343.8 325.4 214.0 1.2 1.9 111.4 18.4 0.0 18.4 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

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

10.1 10.1 10.1 10.1 0.0 0.0 0.0 0.0 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

23.6 23.6 23.6 19.7 1.2 0.3 3.9 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

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

16.4 16.4 13.6 10.4 0.1 0.0 3.2 2.8 0.0 2.8 0.0 0.0

-68.5 -47.5

18.2 54.1

-28.0 -28.5

-9.2 -11.0

22.7 50.1

56.6 -50.2

196.7 174.1

-85.7 -55.6

0.0 0.0 0.0

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

2012

2013

2014

2015

2016

2017

2018

2019

30.5 9.7

29.1 9.0

28.2 8.3

26.5 7.4

25.7 6.6

24.1 6.1

23.6 5.5

23.2 5.0

0.0 2.5

Notes: Short-term debt is based on data from the BIS.

269

SYRIAN ARAB REPUBLIC (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

22,203 16,464 16,464 0 48 5,692 2,372

5,583 5,025 5,025 0 52 506 193

5,561 4,916 4,916 0 55 590 196

5,683 4,976 4,976 0 58 649 142

5,374 4,737 4,737 0 56 581 145

5,674 4,480 4,480 0 438 756 206

5,263 4,276 4,276 0 430 558 217

4,968 3,998 3,998 0 429 542 218

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

8,828 16,464 0 69

265 5,025 0 476

270 4,916 0 330

213 4,976 0 270

220 4,737 0 684

226 4,480 0 576

232 4,276 0 497

243 3,998 0 109

External debt flows Disbursements Long-term external debt IMF purchases

18 18 0

189 189 0

210 210 0

425 425 0

282 282 0

281 281 0

286 286 0

222 222 0

Principal repayments Long-term external debt IMF repurchases

239 239 0

439 439 0

689 689 0

546 546 0

560 560 0

499 499 0

508 508 0

507 507 0

Net flows Long-term external debt Short-term external debt

-826 -221 -605

-357 -250 -107

-398 -479 81

-8 -121 113

-350 -279 -71

-104 -218 114

-430 -221 -209

-303 -286 -17

Interest payments Long-term external debt IMF charges Short-term external debt

249 127 2 120

128 110 2 16

135 113 2 20

141 114 2 26

137 125 0 11

126 119 1 6

118 111 1 6

114 108 0 5

270 ..

500 ..

659 ..

1,242 ..

1,466 ..

2,570 ..

1,469 ..

1,059 ..

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 0.6 0.0 84.1

12.4 9.7 0.0 0.0 49.1

14.9 14.1 0.0 0.0 42.3

21.6 13.0 0.0 0.0 36.6

22.4 15.5 0.0 0.0 33.3

26.1 14.5 0.0 0.0 31.0

27.3 15.5 0.0 0.0 28.6

27.0 15.5 0.0 0.0 26.7

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

4.0 25.0 7.0

0.0 0.0 0.0

18,446 7,190 180 6,614 0 1,061 126

27,980 11,907 823 12,359 1,220 299 17,347

32,394 13,597 795 13,242 1,165 920 16,467

39,716 16,211 1,030 16,572 1,085 460 17,013

51,433 20,289 1,325 20,967 1,527 472 17,062

52,828 16,026 1,350 18,118 1,301 -1,030 17,398

57,266 19,919 1,623 21,235 1,684 -367 19,465

.. .. 1,988 .. 0 .. ..

308.8 120.4 6.8 25.6 2.6 0.6 0.2

46.9 20.0 4.8 9.1 18.2 310.7 16.8

40.9 17.2 6.1 10.6 20.5 296.1 14.9

35.1 14.3 4.2 11.4 26.6 299.4 12.3

26.5 10.4 3.4 10.8 28.7 317.5 9.8

35.4 10.7 3.9 13.3 29.2 306.6 11.5

26.4 9.2 3.1 10.6 32.2 369.8 11.0

.. .. .. 10.9 32.8 .. ..

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

6. Ratios

270

SYRIAN ARAB REPUBLIC (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

16,464 16,464 15,502 576 25 30 14,926 962 0 0 0 0

5,025 5,025 5,025 1,014 0 22 4,010 0 0 0 0 0

4,916 4,916 4,916 1,140 0 21 3,776 0 0 0 0 0

4,976 4,976 4,976 1,514 0 19 3,461 0 0 0 0 0

4,737 4,737 4,737 1,544 0 18 3,193 0 0 0 0 0

4,480 4,480 4,480 1,657 0 16 2,824 0 0 0 0 0

4,276 4,276 4,276 1,696 0 15 2,580 0 0 0 0 0

3,998 3,998 3,998 1,630 0 14 2,367 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

18 18 18 12 0 0 6 0 0 0 0 0

189 189 189 130 0 0 59 0 0 0 0 0

210 210 210 177 0 0 33 0 0 0 0 0

425 425 425 372 0 0 53 0 0 0 0 0

282 282 282 203 0 0 79 0 0 0 0 0

281 281 281 232 0 0 49 0 0 0 0 0

286 286 286 237 0 0 50 0 0 0 0 0

222 222 222 101 0 0 121 0 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

689 689 689 92 0 1 598 0 0 0 0 0

546 546 546 103 0 1 443 0 0 0 0 0

560 560 560 121 0 1 439 0 0 0 0 0

499 499 499 125 0 1 373 0 0 0 0 0

508 508 508 149 0 1 359 0 0 0 0 0

507 507 507 145 0 1 363 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

127 127 126 82 57 0 44 1 0 0 0 0

110 110 110 42 0 0 68 0 0 0 0 0

113 113 113 45 0 0 68 0 0 0 0 0

114 114 114 50 0 0 63 0 0 0 0 0

125 125 125 63 0 0 62 0 0 0 0 0

119 119 119 61 0 0 58 0 0 0 0 0

111 111 111 60 0 0 51 0 0 0 0 0

108 108 108 60 0 0 49 0 0 0 0 0

-733 -826

-13,442 -357

-22 -398

121 -8

-309 -350

300 -104

-411 -430

-295 -303

566 0 0

1,650 12,595 0

0 0 0

41 77 0

0 45 0

0 28 0

0 0 0

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

2012

2013

2014

2015

2016

2017

2018

2019

630 109

656 109

640 109

539 105

431 96

392 87

395 78

365 68

0 0

Notes: Long-term public and publicly guaranteed debt data for 2011 are World Bank staff estimates. Short-term debt is based on data from the BIS.

271

TAJIKISTAN (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

1,141 846 755 91 218 77 45

1,121 850 826 24 244 27 2

1,068 871 840 31 168 29 0

1,344 1,096 1,063 33 176 72 0

2,493 2,261 1,374 887 142 90 0

2,666 2,423 1,606 816 170 74 0

3,082 2,734 1,806 927 227 122 0

3,323 2,948 1,969 979 246 129 0

121 755 91 53

23 821 29 87

1 837 34 640

0 1,063 33 160

0 1,374 887 105

0 1,606 816 134

364 1,806 927 312

299 1,969 979 56

External debt flows Disbursements Long-term external debt IMF purchases

62 37 25

136 108 29

161 147 14

264 264 0

379 379 0

558 518 40

984 924 60

745 725 21

Principal repayments Long-term external debt IMF repurchases

37 28 10

56 42 14

39 39 0

95 64 31

424 409 15

630 630 0

513 513 0

Net flows Long-term external debt Short-term external debt

-4 9 -29

23 66 -58

126 108 4

267 224 43

302 315 18

119 109 -16

401 294 47

240 212 7

Interest payments Long-term external debt IMF charges Short-term external debt

30 21 7 2

17 10 4 2

29 23 5 1

25 20 5 1

32 28 1 2

42 41 0 1

55 54 0 1

66 64 0 2

24 ..

54 ..

339 ..

360 ..

376 ..

16 ..

11 ..

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 97.9

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 81.4

2.7 0.0 0.0 0.0 81.0

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 21.0 5.6

1.7 20.6 5.4

1.9 17.3 5.3

0.0 0.0 0.0

824 .. .. .. .. .. 93

2,234 1,264 467 1,733 2 -19 168

2,729 1,658 1,019 2,425 46 -21 175

3,634 1,728 1,691 3,780 26 -495 40

5,108 1,776 2,544 4,227 4 48 104

4,907 1,225 1,748 3,140 5 -180 175

5,571 1,526 2,254 3,422 9 -383 324

6,441 .. 2,680 .. .. .. 289

.. 138.4 .. 6.8 16.3 8.1 ..

88.7 50.2 5.8 2.4 46.3 15.0 1.2

64.4 39.1 4.1 2.7 56.3 16.4 0.9

77.8 37.0 3.7 5.4 49.6 3.0 0.1

140.3 48.8 7.1 3.6 29.4 4.2 0.3

217.6 54.3 38.0 2.8 31.1 6.5 0.7

201.9 55.3 44.9 3.9 30.7 10.5 1.1

.. 51.6 .. 3.9 29.3 8.7 ..

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

6. Ratios

272

TAJIKISTAN (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

846 755 704 186 0 143 518 51 0 51 91 0

850 826 817 519 0 308 298 8 0 0 24 0

871 840 837 602 0 339 235 3 0 0 31 0

1,096 1,063 1,063 667 0 360 396 0 0 0 33 0

2,261 1,374 1,374 733 0 365 641 0 0 0 887 0

2,423 1,606 1,606 830 0 373 777 0 0 0 816 0

2,734 1,806 1,806 946 0 377 861 0 0 0 927 0

2,948 1,969 1,969 973 0 374 996 0 0 0 979 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

37 36 36 36 0 23 0 0 0 0 1 0

108 105 105 73 0 35 32 0 0 0 2 0

147 133 133 64 0 16 69 0 0 0 14 0

264 250 250 52 0 8 198 0 0 0 14 0

379 356 356 69 0 10 287 0 0 0 24 0

518 211 211 103 0 9 108 0 0 0 307 0

924 251 251 147 0 15 104 0 0 0 673 0

725 202 202 53 0 4 148 0 0 0 523 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

39 29 29 12 0 1 17 0 0 0 11 0

64 52 52 10 0 2 42 0 0 0 12 0

409 35 35 14 0 4 20 0 0 0 374 0

630 37 37 16 0 4 21 0 0 0 593 0

513 34 34 22 0 5 12 0 0 0 479 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 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 1 0

20 18 18 11 0 3 7 0 0 0 2 0

28 26 26 13 0 3 12 0 0 0 2 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

64 28 28 10 0 3 18 0 0 0 36 0

-246 -4

-42 23

-53 126

276 267

1,148 302

174 119

416 401

241 240

0 2 0

0 0 0

0 102 0

0 0 0

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

2012

2013

2014

2015

2016

2017

2018

2019

120 31

91 30

95 30

98 29

111 28

112 26

127 24

124 22

183 55

129 40

116 29

68 20

54 15

41 10

34 7

27 4

Notes: Long-term private nonguaranteed debt data for 2011 are World Bank staff estimates. Data include the effects of MDRI debt relief.

273

TANZANIA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

7,183 5,969 5,969 0 364 849 647

8,400 7,006 6,446 560 387 1,006 615

4,096 3,035 2,452 583 60 1,001 595

5,057 3,925 3,181 744 67 1,065 628

6,012 4,600 3,711 889 66 1,346 763

7,624 5,656 4,640 1,016 628 1,341 836

8,987 6,824 5,601 1,224 647 1,515 908

10,044 7,686 6,438 1,248 643 1,715 989

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

695 5,917 52 391

655 6,446 560 625

405 2,452 583 848

430 3,181 744 858

497 3,711 889 824

523 4,640 1,016 823

492 5,601 1,224 2,033

526 6,438 1,248 969

External debt flows Disbursements Long-term external debt IMF purchases

264 211 53

474 466 8

577 573 4

654 649 4

523 523 0

1,372 1,065 307

1,285 1,254 30

1,177 1,177 0

Principal repayments Long-term external debt IMF repurchases

104 94 10

77 31 46

36 36 0

20 20 0

22 22 0

105 105 0

132 131 0

78 76 2

Net flows Long-term external debt Short-term external debt

205 118 44

459 435 62

556 537 15

665 630 31

647 501 146

1,188 960 -78

1,255 1,123 102

1,218 1,101 119

Interest payments Long-term external debt IMF charges Short-term external debt

65 51 3 10

56 44 3 9

53 39 2 12

46 26 2 19

43 27 0 15

59 45 1 13

67 50 1 16

72 53 0 19

463 0

936 3

403 3

582 3

1,383 3

953 3

1,023 3

1,095 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

.. 7.9 8.9 0.0 51.9

.. 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 5.4 0.1 0.0 48.1

2.9 5.5 0.0 0.0 50.3

0.9 38.2 9.8

1.1 37.0 9.2

0.8 40.9 10.0

0.7 41.3 10.1

0.7 42.5 10.3

0.8 37.5 9.9

0.7 38.7 10.7

0.6 46.8 13.0

0.0 1.0 1.0

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

4.2 8.1 2.0

10,114 1,411 8 2,230 13 -428 974

13,836 3,053 19 4,641 319 -1,093 2,049

14,154 3,526 15 5,217 25 -1,102 2,259

16,666 4,210 25 6,664 309 -1,715 2,886

20,481 5,700 37 9,098 318 -2,564 2,863

21,186 5,314 40 8,002 342 -1,797 3,470

22,772 6,530 55 9,505 365 -1,924 3,905

23,565 7,644 76 12,537 384 -3,951 3,726

509.0 71.0 11.9 11.8 45.5 13.6 5.2

275.2 60.7 4.4 12.0 58.0 24.4 5.3

116.2 28.9 2.5 24.4 36.2 55.2 5.2

120.1 30.3 1.6 21.1 43.1 57.1 5.2

105.5 29.4 1.1 22.4 44.5 47.6 3.8

143.5 36.0 3.1 17.6 46.9 45.5 5.2

137.6 39.5 3.0 16.9 48.7 43.4 4.9

131.4 42.6 2.0 17.1 47.4 37.1 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

6. Ratios

274

TANZANIA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

5,656 4,640 4,522 3,573 0 2,598 949 118 0 59 1,016 0

6,824 5,601 5,488 4,373 0 3,248 1,115 113 0 55 1,224 0

7,686 6,438 6,030 4,764 0 3,490 1,266 408 0 351 1,248 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

211 211 206 187 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

1,254 1,038 1,021 826 0 653 195 17 0 17 216 0

1,177 870 567 437 0 264 130 304 0 304 307 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 34 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

76 33 26 23 0 5 3 7 0 7 44 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

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

50 32 31 29 0 20 2 2 0 2 17 0

53 39 36 35 0 25 1 3 0 3 14 0

-719 205

-227 459

-4,304 556

961 665

954 647

1,613 1,188

1,363 1,255

1,057 1,218

342 588 0

0 296 0

0 5,202 0

0 13 0

0 22 0

0 3 0

0 47 0

0 2 0

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

2012

2013

2014

2015

2016

2017

2018

2019

143 52

82 55

93 57

116 57

139 57

163 56

187 54

213 53

410 73

266 58

288 43

201 32

174 23

143 15

115 8

57 3

Notes: Long-term public and publicly guaranteed debt data include debt liabilities of Zanzibar. Long-term private nonguaranteed debt data from 2004 to 2007 are World Bank staff estimates and from 2008 are reported by Central Bank. Short-term debt is based on data from the BIS. Data include the effects of HIPC and MDRI debt relief. 275

THAILAND (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

79,830 61,778 29,463 32,316 3,172 14,880 0

46,483 30,348 14,673 15,675 121 16,014 0

46,028 28,089 12,551 15,538 127 17,812 0

45,440 27,011 10,863 16,148 134 18,295 0

50,258 29,672 10,612 19,061 130 20,455 4

61,209 30,003 10,314 19,689 1,521 29,685 8

80,551 32,170 10,737 21,434 1,494 46,886 2

80,039 33,562 10,285 23,277 1,490 44,988 5

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

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 10,612 19,061 1,663

0 10,314 19,689 803

0 10,737 21,434 1,122

0 10,285 23,277 300

External debt flows Disbursements Long-term external debt IMF purchases

4,031 4,031 0

16,133 16,133 0

13,725 13,725 0

18,130 18,130 0

12,049 12,049 0

8,923 8,923 0

10,565 10,565 0

3,530 3,530 0

Principal repayments Long-term external debt IMF repurchases

9,142 8,945 198

16,553 16,553 0

12,834 12,834 0

20,475 20,475 0

15,014 15,014 0

10,688 10,688 0

9,407 9,407 0

8,878 8,878 0

Net flows Long-term external debt Short-term external debt

-13,649 -4,913 -8,538

4,106 -420 4,526

2,689 891 1,798

-1,862 -2,345 483

-809 -2,965 2,156

7,461 -1,765 9,226

18,365 1,158 17,207

-7,249 -5,348 -1,901

Interest payments Long-term external debt IMF charges Short-term external debt

4,854 3,776 173 905

1,628 1,121 4 503

1,924 1,158 5 761

1,753 959 5 789

1,625 1,154 1 470

1,396 1,072 3 321

1,556 1,053 5 499

1,601 1,113 2 486

3,366 900

8,055 5,121

9,455 5,242

11,327 4,268

8,538 -3,802

4,854 1,695

9,679 2,606

9,522 456

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

.. 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

2.2 61.4 0.0 0.0 35.6

2.1 64.7 0.0 0.0 32.9

1.7 66.7 0.0 0.0 31.4

1.3 67.5 0.0 0.0 31.1

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

0.7 14.3 2.8

1.5 7.5 3.5

4.3 10.5 9.1

5.4 5.9 2.3

5.4 9.9 9.9

1.4 5.7 5.7

0.9 12.2 1.2

1.1 4.9 4.9

0.0 0.0 0.0

120,809 85,997 1,697 77,269 0 9,313 32,016

167,799 131,713 1,187 143,550 4,501 -7,647 50,691

198,726 155,829 1,333 158,214 4,031 2,316 65,291

237,961 187,018 1,635 176,914 5,798 15,678 85,221

262,864 214,464 1,898 218,917 4,142 2,211 108,661

253,231 185,974 2,776 169,454 3,307 21,891 135,483

305,181 234,413 3,580 227,346 6,039 13,099 167,530

333,232 275,504 4,024 274,190 6,039 11,912 167,389

92.8 66.1 16.3 18.6 6.7 40.1 5.0

35.3 27.7 13.8 34.5 1.8 109.1 4.2

29.5 23.2 9.5 38.7 1.4 141.9 5.0

24.3 19.1 11.9 40.3 0.6 187.5 5.8

23.4 19.1 7.8 40.7 0.5 216.2 6.0

32.9 24.2 6.5 48.5 0.3 221.3 9.6

34.4 26.4 4.7 58.2 0.2 208.0 8.8

29.1 24.0 3.8 56.2 0.3 209.1 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

6. Ratios

276

THAILAND (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

29,672 10,612 6,947 264 65 62 6,683 3,664 1,954 1,469 19,061 3,181

30,003 10,314 6,468 208 74 59 6,259 3,847 1,754 1,944 19,689 3,040

32,170 10,737 6,843 187 73 56 6,656 3,894 1,954 1,851 21,434 4,570

33,562 10,285 6,865 209 67 0 6,656 3,420 1,954 1,421 23,277 5,090

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

4,031 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

12,049 598 74 2 2 0 73 524 524 0 11,451 0

8,923 746 76 13 13 0 63 670 0 670 8,177 0

10,565 510 160 5 5 0 155 350 350 0 10,055 1,900

3,530 483 483 101 1 0 381 0 0 0 3,048 700

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

15,014 2,318 819 30 0 3 789 1,499 1,192 204 12,696 100

10,688 965 468 69 4 3 399 497 200 205 9,723 141

9,407 915 534 27 7 3 507 381 150 170 8,493 370

8,878 1,261 762 79 7 56 683 498 0 455 7,618 180

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

3,776 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

1,154 318 121 9 3 0 112 197 107 79 836 244

1,072 217 112 6 2 0 106 105 60 41 855 251

1,053 208 113 2 1 0 110 95 61 31 845 234

1,113 200 111 2 1 0 108 90 59 28 913 311

-17,056 -13,649

-3,082 4,106

-455 2,689

-588 -1,862

4,818 -809

10,951 7,461

19,342 18,365

-512 -7,249

0 0 0

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

2012

2013

2014

2015

2016

2017

2018

2019

429 126

463 124

479 121

539 114

573 106

582 97

568 87

551 78

5,683 1,192

4,396 938

3,914 699

4,118 518

1,944 371

1,721 272

999 207

817 163

277

TOGO (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

1443.9 1227.6 1227.6 0.0 83.8 132.5 62.6

1684.8 1437.5 1437.5 0.0 29.7 217.7 166.7

1794.3 1538.0 1538.0 0.0 24.7 231.6 206.6

1966.5 1637.3 1637.3 0.0 19.1 310.2 234.2

1638.3 1465.6 1465.6 0.0 65.0 107.7 23.7

1737.1 1489.6 1489.6 0.0 201.2 46.3 29.3

1241.8 962.1 962.1 0.0 241.5 38.3 9.3

643.1 379.9 379.9 0.0 254.2 9.0 6.0

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

62.1 1227.6 0.0 0.0

307.6 1437.5 0.0 25.6

364.0 1538.0 0.0 50.7

428.7 1637.3 0.0 20.0

44.7 1465.6 0.0 0.0

40.5 1489.6 0.0 211.8

27.4 962.1 0.0 65.1

20.9 379.9 0.0 147.7

External debt flows Disbursements Long-term external debt IMF purchases

24.4 24.4 0.0

9.9 9.9 0.0

48.3 48.3 0.0

3.1 3.1 0.0

51.6 2.2 49.4

75.9 34.6 41.3

127.7 84.1 43.6

42.4 28.5 13.9

Principal repayments Long-term external debt IMF repurchases

19.3 9.9 9.4

19.2 7.9 11.2

22.4 16.0 6.4

11.1 4.5 6.7

141.8 140.1 1.7

41.5 41.5 0.0

26.2 26.2 0.0

9.9 9.9 0.0

Net flows Long-term external debt Short-term external debt

-44.3 14.4 -49.4

15.8 2.0 25.0

-0.1 32.3 -26.0

43.0 -1.3 51.0

-82.2 -137.9 8.0

-32.6 -6.9 -67.0

113.5 57.9 12.0

6.5 18.7 -26.0

Interest payments Long-term external debt IMF charges Short-term external debt

10.9 4.6 1.0 5.3

2.1 0.3 0.6 1.2

5.0 1.9 0.7 2.4

5.0 1.5 0.6 2.9

53.4 51.3 0.2 1.9

14.3 13.1 0.6 0.6

8.6 7.9 0.4 0.3

5.0 4.6 0.1 0.3

41.9 6.1

96.0 16.0

91.3 10.4

62.3 6.3

47.9 1.4

46.1 2.1

85.8 ..

53.8 ..

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

.. 6.2 1.6 7.8 52.6

18.7 5.0 1.2 9.3 49.8

19.5 4.6 1.3 9.3 48.3

20.4 4.5 1.2 9.5 46.9

15.2 4.1 0.1 4.4 58.6

15.2 4.0 0.1 4.3 58.1

3.4 0.0 0.0 0.0 65.5

13.4 0.0 0.0 0.0 37.9

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

1.8 23.5 6.6

1.7 25.5 7.2

0.0 0.0 0.0

1265.3 456.5 34.2 664.1 17.2 -139.6 140.9

2079.9 857.3 192.5 1249.0 47.2 -203.9 191.5

2165.0 878.8 232.2 1298.8 54.9 -176.3 374.5

2493.2 974.2 284.4 1468.9 44.0 -215.8 438.1

3148.4 1216.8 337.1 1759.8 48.7 -219.2 581.8

3137.0 1265.0 334.5 1777.3 41.5 -176.7 703.2

3149.6 .. 334.5 .. .. -201.5 714.9

3561.8 .. 346.8 .. .. .. 774.3

316.3 114.1 6.6 9.2 53.1 9.8 2.5

196.5 81.0 2.5 12.9 52.2 11.4 1.8

204.2 82.9 3.1 12.9 52.5 20.9 3.5

201.9 78.9 1.7 15.8 50.5 22.3 3.6

134.6 52.0 16.0 6.6 51.6 35.5 4.0

137.3 55.4 4.4 2.7 47.6 40.5 4.7

.. 39.4 .. 3.1 67.2 57.6 ..

.. 18.1 .. 1.4 34.7 120.4 ..

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

6. Ratios

278

TOGO (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

1227.6 1227.6 1227.6 766.5 0.0 604.1 461.1 0.0 0.0 0.0 0.0 0.0

1437.5 1437.5 1437.5 879.2 0.0 667.3 558.3 0.0 0.0 0.0 0.0 0.0

1538.0 1538.0 1538.0 941.3 0.0 696.4 596.7 0.0 0.0 0.0 0.0 0.0

1637.3 1637.3 1637.3 993.0 0.0 723.2 644.2 0.0 0.0 0.0 0.0 0.0

1465.6 1465.6 1465.6 845.7 0.0 604.2 619.8 0.0 0.0 0.0 0.0 0.0

1489.6 1489.6 1489.6 826.0 0.0 586.1 663.5 0.0 0.0 0.0 0.0 0.0

962.1 962.1 962.1 834.8 0.0 554.3 127.3 0.0 0.0 0.0 0.0 0.0

379.9 379.9 379.9 223.3 0.0 0.0 156.6 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

24.4 24.4 24.4 20.8 0.0 15.2 3.5 0.0 0.0 0.0 0.0 0.0

9.9 9.9 9.9 9.9 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

48.3 48.3 48.3 25.0 0.0 0.0 23.2 0.0 0.0 0.0 0.0 0.0

3.1 3.1 3.1 3.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

2.2 2.2 2.2 1.9 0.0 0.0 0.3 0.0 0.0 0.0 0.0 0.0

34.6 34.6 34.6 12.0 0.0 0.0 22.6 0.0 0.0 0.0 0.0 0.0

84.1 84.1 84.1 47.1 0.0 0.0 37.0 0.0 0.0 0.0 0.0 0.0

28.5 28.5 28.5 23.7 0.0 0.0 4.9 0.0 0.0 0.0 0.0 0.0

9.9 9.9 9.9 8.4 0.0 5.3 1.6 0.0 0.0 0.0 0.0 0.0

7.9 7.9 7.9 1.1 0.0 0.0 6.8 0.0 0.0 0.0 0.0 0.0

16.0 16.0 16.0 2.1 0.0 0.0 13.8 0.0 0.0 0.0 0.0 0.0

4.5 4.5 4.5 2.7 0.0 0.0 1.8 0.0 0.0 0.0 0.0 0.0

140.1 140.1 140.1 139.0 0.0 117.0 1.1 0.0 0.0 0.0 0.0 0.0

41.5 41.5 41.5 41.1 0.0 21.8 0.4 0.0 0.0 0.0 0.0 0.0

26.2 26.2 26.2 26.2 0.0 22.0 0.0 0.0 0.0 0.0 0.0 0.0

9.9 9.9 9.9 8.8 0.0 0.0 1.1 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

4.6 4.6 4.6 4.5 0.0 3.1 0.1 0.0 0.0 0.0 0.0 0.0

0.3 0.3 0.3 0.3 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

1.9 1.9 1.9 0.4 0.0 0.0 1.4 0.0 0.0 0.0 0.0 0.0

1.5 1.5 1.5 0.9 0.0 0.0 0.6 0.0 0.0 0.0 0.0 0.0

51.3 51.3 51.3 51.0 0.0 39.6 0.3 0.0 0.0 0.0 0.0 0.0

13.1 13.1 13.1 12.5 0.0 5.0 0.6 0.0 0.0 0.0 0.0 0.0

7.9 7.9 7.9 6.8 0.0 4.1 1.2 0.0 0.0 0.0 0.0 0.0

4.6 4.6 4.6 2.6 0.0 0.0 2.0 0.0 0.0 0.0 0.0 0.0

-94.5 -44.3

-151.4 15.8

109.5 -0.1

172.2 43.0

-328.2 -82.2

98.8 -32.6

-495.3 113.5

-598.7 6.5

0.0 0.0 0.0

274.1 319.0 0.0

34.6 12.1 0.0

29.7 581.6 0.0

30.1 683.8 0.0

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

2012

2013

2014

2015

2016

2017

2018

2019

20.6 4.9

21.9 6.2

24.9 7.2

23.3 7.7

20.4 8.0

23.4 8.1

31.1 8.0

34.2 7.7

0.0 0.0

Notes: Short-term debt is based on data from the BIS. Data include the effects of Paris Club debt restructuring agreement and HIPC and MDRI debt relief.

279

TONGA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

73.8 65.0 65.0 0.0 8.6 0.2 0.2

89.0 79.5 79.5 0.0 9.4 0.1 0.1

91.6 81.6 81.6 0.0 9.9 0.1 0.1

96.9 86.5 86.5 0.0 10.4 0.0 0.0

99.0 88.8 88.8 0.0 10.1 0.0 0.0

114.9 104.6 104.6 0.0 10.3 0.0 0.0

153.7 143.5 143.5 0.0 10.1 0.0 0.0

190.6 180.5 180.5 0.0 10.1 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

0.4 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

0.0 180.5 0.0 0.0

External debt flows Disbursements Long-term external debt IMF purchases

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

36.5 36.5 0.0

Principal repayments Long-term external debt IMF repurchases

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

3.3 3.3 0.0

Net flows Long-term external debt Short-term external debt

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

33.2 33.2 0.0

Interest payments Long-term external debt IMF charges Short-term external debt

1.3 0.9 0.4 0.0

1.5 1.2 0.3 0.0

1.2 0.8 0.4 0.0

1.5 1.1 0.3 0.0

1.8 1.7 0.1 0.0

1.5 1.4 0.0 0.0

2.4 2.4 0.0 0.0

2.6 2.6 0.0 0.0

4.8 ..

7.2 ..

10.1 ..

27.7 ..

4.2 ..

0.0 ..

8.5 ..

10.4 ..

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 0.2 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

0.0 0.0 0.0 0.0 16.6

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

2.0 20.2 5.2

0.0 0.0 0.0

3.7 10.1 0.0

0.0 11.5 0.0

0.0 0.0 0.0

191.0 .. .. .. .. .. 24.6

259.6 59.0 68.6 156.8 0.0 -21.3 46.9

300.1 42.0 78.8 155.8 0.0 -31.1 48.0

312.2 51.0 101.0 181.3 .. -19.4 65.2

355.5 59.8 93.7 222.2 0.0 -66.0 69.8

324.4 51.9 71.4 192.7 0.0 -54.2 95.7

361.7 56.7 71.5 165.5 .. -27.8 104.5

438.3 66.5 65.8 197.6 .. -38.9 143.3

.. 38.6 .. 0.3 72.4 33.4 ..

151.0 34.3 8.8 0.1 75.4 52.6 3.6

218.2 30.5 10.5 0.2 76.1 52.4 3.7

189.8 31.0 9.8 0.0 77.7 67.3 4.3

165.5 27.8 9.3 0.0 72.9 70.5 3.8

221.4 35.4 7.4 0.0 63.5 83.3 6.0

271.0 42.5 8.9 0.0 46.0 68.0 7.6

286.4 43.5 8.8 0.0 35.7 75.2 8.7

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

6. Ratios

280

TONGA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

180.5 180.5 180.0 68.0 0.0 23.3 112.1 0.4 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

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

36.5 36.5 36.5 0.0 0.0 0.0 36.5 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

3.3 3.3 3.3 2.6 0.0 0.2 0.6 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 0.8 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

2.4 2.4 2.3 0.6 0.0 0.2 1.6 0.1 0.0 0.0 0.0 0.0

2.6 2.6 2.6 0.7 0.0 0.2 1.8 0.0 0.0 0.0 0.0 0.0

-4.0 1.8

-6.1 0.9

2.6 -0.4

5.3 0.9

2.1 4.8

15.9 14.9

38.8 38.2

36.9 33.2

0.0 0.0 0.0

0.0 1.7 0.0

0.0 0.0 0.0

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

2012

2013

2014

2015

2016

2017

2018

2019

5.1 3.4

7.3 3.3

8.1 3.2

11.1 3.1

11.1 2.9

11.1 2.7

10.6 2.5

10.6 2.3

0.0 0.0

0.1 0.0

Notes: Long-term private nonguaranteed debt data from 2009 are World Bank staff estimates based on reports provided by the country.

281

TUNISIA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

11,355 9,688 8,888 800 77 1,590 0

17,926 14,742 13,001 1,741 49 3,135 0

18,687 15,278 13,439 1,839 52 3,357 0

20,496 16,457 14,508 1,949 54 3,984 0

20,826 16,446 14,439 2,007 53 4,327 0

22,139 16,910 14,840 2,070 428 4,801 0

22,048 16,649 14,653 1,996 420 4,979 0

22,335 16,949 14,958 1,991 419 4,967 0

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

0 8,888 800 1,412

0 12,970 1,772 1,738

0 13,409 1,869 1,175

0 14,419 2,038 992

0 14,344 2,102 1,563

0 14,692 2,218 1,566

0 14,457 2,192 1,768

0 14,727 2,222 2,789

External debt flows Disbursements Long-term external debt IMF purchases

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

1,549 1,549 0

1,728 1,728 0

2,348 2,348 0

Principal repayments Long-term external debt IMF repurchases

1,336 1,296 40

1,187 1,187 0

1,653 1,653 0

1,570 1,570 0

1,167 1,167 0

1,347 1,347 0

1,642 1,642 0

1,940 1,940 0

Net flows Long-term external debt Short-term external debt

258 246 52

-141 69 -210

22 -200 222

672 45 627

255 -88 343

676 202 474

263 86 177

397 408 -11

Interest payments Long-term external debt IMF charges Short-term external debt

573 489 5 78

849 686 1 162

883 686 2 195

928 742 2 184

845 744 0 101

759 700 1 58

717 647 1 68

722 656 0 65

752 -18

713 12

3,240 65

1,515 30

2,601 -39

1,525 -89

1,334 -26

1,143 ..

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

.. 21.5 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 18.0 0.1 0.2 12.3

44.7 17.3 0.0 0.2 15.3

4.0 21.2 6.0

3.1 19.2 3.7

2.9 21.3 6.5

2.1 22.3 5.9

2.7 20.7 5.2

2.2 21.8 5.4

2.7 20.6 4.5

2.0 21.4 4.8

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

1.8 16.9 2.9

1.9 15.5 3.6

0.5 7.1 0.6

20,525 8,701 796 10,347 468 -821 1,811

30,645 14,884 1,393 16,495 962 -299 4,437

32,796 16,258 1,510 18,320 988 -619 6,773

36,911 20,527 1,716 23,063 1,523 -917 7,851

42,387 25,602 1,977 29,235 1,958 -1,711 8,849

41,285 20,133 1,964 23,318 1,588 -1,234 11,057

41,982 22,556 2,063 26,595 1,658 -2,104 9,459

44,276 24,795 1,955 28,390 .. -3,371 ..

130.5 55.3 21.9 14.0 30.6 15.9 2.1

120.4 58.5 13.7 17.5 30.6 24.8 3.2

114.9 57.0 15.6 18.0 30.3 36.2 4.4

99.8 55.5 12.2 19.4 30.4 38.3 4.1

81.3 49.1 7.9 20.8 28.4 42.5 3.6

110.0 53.6 10.5 21.7 29.4 49.9 5.7

97.7 52.5 10.5 22.6 30.5 42.9 4.3

90.1 50.4 10.7 22.2 34.2 .. ..

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

6. Ratios

282

TUNISIA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

9,688 8,888 6,093 3,477 1,211 39 2,616 2,795 1,327 786 800 0

14,742 13,001 8,388 5,477 1,565 28 2,911 4,613 3,510 817 1,741 0

15,278 13,439 8,725 5,657 1,444 26 3,068 4,714 3,636 847 1,839 0

16,457 14,508 9,536 6,227 1,571 24 3,309 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 3,447 4,880 3,776 994 2,070 0

16,649 14,653 10,201 6,733 1,381 18 3,468 4,452 3,819 570 1,996 0

16,949 14,958 11,313 7,629 1,775 16 3,683 3,646 3,063 524 1,991 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

1,542 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

1,549 1,369 1,315 944 184 0 370 54 0 50 180 0

1,728 1,554 1,516 1,119 234 0 398 37 0 30 174 0

2,348 2,169 2,142 1,616 597 0 527 27 0 25 179 0

1,296 1,264 662 408 150 2 254 602 371 134 32 0

1,187 1,129 869 533 232 2 336 260 136 63 58 0

1,653 1,581 1,152 843 366 2 309 429 301 67 72 0

1,570 1,491 1,094 783 169 2 311 397 250 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

1,642 1,393 881 551 157 2 329 513 0 463 249 0

1,940 1,720 830 556 151 2 273 890 814 71 220 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

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 74 263 217 40 102 0

647 545 308 236 42 0 71 238 193 39 102 0

656 557 327 255 43 0 72 229 202 26 100 0

-557 258

-1,632 -141

761 22

1,809 672

330 255

1,314 676

-92 263

288 397

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

2012

2013

2014

2015

2016

2017

2018

2019

1,061 312

1,048 325

1,097 327

1,181 315

1,213 293

1,240 265

1,167 234

1,080 204

1,014 272

740 218

283 188

253 173

230 160

490 144

189 123

159 113

Notes: Long-term private nonguaranteed debt data for 2011 are World Bank staff estimates based on reports provided by the country.

283

TURKEY (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

116,787 83,552 55,724 27,828 4,323 28,912 0

171,498 118,408 62,965 55,443 14,807 38,283 0

209,349 155,795 68,443 87,352 10,931 42,623 0

258,430 207,959 81,096 126,863 7,336 43,135 0

289,555 227,754 82,308 145,446 8,697 53,104 0

277,978 218,629 85,599 133,030 9,638 49,711 0

299,859 214,460 91,380 123,080 7,277 78,123 0

307,007 218,686 94,419 124,267 4,521 83,800 0

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

0 55,707 27,846 14,470

0 62,793 55,614 10,594

0 68,232 87,563 11,233

0 80,614 127,344 15,722

0 81,250 146,504 12,258

0 84,319 134,310 8,890

0 90,059 124,401 16,476

0 93,059 125,627 8,515

External debt flows Disbursements Long-term external debt IMF purchases

26,408 22,949 3,459

43,720 41,260 2,461

60,661 57,720 2,941

73,779 72,632 1,147

68,703 65,149 3,554

39,684 39,684 0

48,507 48,507 0

54,083 54,083 0

Principal repayments Long-term external debt IMF repurchases

13,831 13,744 87

32,429 24,649 7,780

31,002 23,510 7,493

36,881 31,717 5,164

42,141 40,175 1,967

50,363 49,657 706

47,660 45,489 2,171

41,481 38,671 2,810

Net flows Long-term external debt Short-term external debt

18,017 9,205 5,440

18,713 16,611 7,422

33,998 34,210 4,340

37,411 40,915 512

36,531 24,974 9,969

-14,072 -9,973 -3,393

29,259 3,017 28,412

18,278 15,412 5,677

Interest payments Long-term external debt IMF charges Short-term external debt

6,859 5,000 59 1,800

8,692 6,396 956 1,340

9,903 7,605 806 1,492

12,379 10,300 569 1,510

13,664 11,396 410 1,859

12,356 10,421 196 1,740

11,572 8,703 135 2,734

14,987 12,012 75 2,900

982 489

10,031 5,669

20,185 1,939

22,047 5,138

19,504 716

8,411 2,827

9,038 3,468

15,872 -986

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

.. 12.1 0.8 0.3 58.0

24.0 3.8 0.1 0.2 71.3

25.6 3.3 0.1 0.3 70.1

27.2 2.9 0.0 0.2 69.0

27.8 3.9 0.0 0.3 67.5

30.0 3.8 0.0 0.2 65.5

31.5 4.6 0.0 0.2 63.3

31.7 7.0 0.0 0.2 60.8

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

2.6 18.3 7.0

1.5 20.5 9.9

2.0 21.2 6.5

8.6 11.3 8.5

6.2 13.0 12.0

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

3.6 13.3 12.5

262,566 53,189 4,560 67,873 279 -9,920 22,488

477,092 108,915 887 132,678 1,051 -22,309 50,579

524,126 123,637 1,146 157,794 1,182 -32,249 60,892

640,031 150,811 1,248 191,488 2,213 -38,434 73,384

721,935 183,425 1,476 227,062 2,940 -41,524 70,428

606,310 148,922 1,026 164,647 2,914 -13,370 70,874

723,787 160,383 993 208,474 2,865 -46,643 80,713

765,842 186,715 1,087 265,355 3,000 -76,906 78,322

219.6 44.5 38.9 24.8 4.9 19.3 4.0

157.5 35.9 37.8 22.3 4.4 29.5 4.6

169.3 39.9 33.1 20.4 4.2 29.1 4.6

171.4 40.4 32.7 16.7 4.7 28.4 4.6

157.9 40.1 30.4 18.3 4.8 24.3 3.7

186.7 45.8 42.1 17.9 6.1 25.5 5.2

187.0 41.4 36.9 26.1 6.5 26.9 4.6

164.4 40.1 30.2 27.3 6.9 25.5 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

6. Ratios

284

TURKEY (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

83,552 55,724 12,537 5,684 3,634 101 6,853 43,187 20,386 20,547 27,828 1,784

118,408 62,965 12,435 7,622 5,829 71 4,813 50,530 27,903 21,685 55,443 4,025

155,795 68,443 13,469 8,758 6,854 65 4,711 54,975 31,945 22,250 87,352 5,776

207,959 81,096 17,083 12,074 7,541 59 5,009 64,013 39,527 23,777 126,863 6,662

227,754 82,308 19,713 13,819 8,046 54 5,894 62,595 39,106 22,870 145,446 6,759

218,629 85,599 23,099 16,834 9,769 48 6,265 62,500 40,926 20,974 133,030 6,606

214,460 91,380 26,306 19,616 11,563 42 6,690 65,074 44,268 20,149 123,080 6,202

218,686 94,419 27,928 21,111 12,215 36 6,817 66,491 46,968 18,924 124,267 4,003

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

22,949 14,069 2,393 1,490 1,291 0 903 11,676 6,974 4,207 8,881 454

41,260 7,756 1,001 851 461 0 151 6,754 5,230 1,520 33,504 3,125

57,720 9,632 2,377 2,013 1,796 0 364 7,254 5,509 1,745 48,088 1,727

72,632 13,300 3,119 2,754 1,223 0 366 10,181 7,463 2,698 59,332 950

65,149 10,679 3,850 2,781 1,198 0 1,069 6,829 4,000 2,764 54,470 150

39,684 9,838 4,745 3,710 2,281 0 1,034 5,093 3,739 1,275 29,846 150

48,507 14,468 5,450 4,633 2,785 0 817 9,017 6,665 2,180 34,039 2,300

54,083 10,774 3,829 3,278 1,719 0 551 6,946 4,711 2,227 43,308 2,085

13,744 6,268 1,745 1,043 486 6 702 4,523 1,858 1,794 7,476 0

24,649 7,957 1,653 863 755 6 790 6,303 3,886 2,135 16,693 1,150

23,510 6,133 1,672 1,003 807 6 668 4,462 2,356 1,908 17,376 0

31,717 6,491 1,674 960 666 6 714 4,816 2,691 1,998 25,226 200

40,175 7,742 1,576 934 628 6 642 6,166 3,790 2,235 32,433 0

49,657 6,469 1,650 1,002 662 6 648 4,819 2,275 2,440 43,188 350

45,489 6,013 1,788 1,131 690 6 657 4,225 2,575 1,551 39,476 420

38,671 5,017 1,710 1,186 749 6 524 3,307 1,794 1,453 33,654 523

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

5,000 3,467 659 374 237 1 285 2,807 1,479 1,183 1,533 126

6,396 4,471 596 448 248 1 148 3,875 2,673 1,139 1,925 338

7,605 4,439 531 407 329 1 125 3,908 2,607 1,248 3,166 328

10,300 5,288 661 531 389 0 130 4,626 3,261 1,318 5,013 412

11,396 5,169 703 577 360 0 126 4,466 3,252 1,176 6,227 371

10,421 4,785 650 522 304 0 129 4,135 3,100 1,006 5,635 288

8,703 4,526 488 371 166 0 117 4,038 3,203 810 4,177 228

12,012 4,600 580 464 203 0 116 4,021 3,273 724 7,412 385

15,005 18,017

13,338 18,713

37,852 33,998

49,081 37,411

31,125 36,531

-11,577 -14,072

21,882 29,259

7,148 18,278

0 0 0

0 13 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

2012

2013

2014

2015

2016

2017

2018

2019

2,041 685

2,295 689

2,281 679

2,459 654

2,966 597

3,118 534

1,952 457

2,231 400

38,596 9,388

25,109 7,733

25,698 6,355

16,832 5,298

16,028 4,528

12,447 3,789

9,824 3,026

10,241 2,558

Notes: Long-term public and publicly guaranteed debt data include nonresident deposits made under the Dresdner Bank scheme, amounting to $8.4 billion at end-2011.

285

TURKMENISTAN (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

2609.3 2288.1 2271.3 16.7 91.0 230.3 5.0

1157.8 911.0 877.8 33.1 99.8 147.0 5.0

991.1 734.3 730.5 3.9 105.0 151.7 3.7

853.7 649.9 648.2 1.8 110.3 93.5 3.5

745.7 587.4 586.8 0.6 107.5 50.8 0.8

661.5 477.2 463.3 13.9 109.5 74.8 0.8

529.1 366.8 359.5 7.4 107.5 54.8 0.8

445.3 299.3 265.5 33.8 107.2 38.8 0.8

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

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

1.7 265.5 33.8 125.0

External debt flows Disbursements Long-term external debt IMF purchases

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

44.5 44.5 0.0

Principal repayments Long-term external debt IMF repurchases

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

119.4 119.4 0.0

Net flows Long-term external debt Short-term external debt

-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

-137.3 -117.3 -20.0

-90.8 -74.8 -16.0

Interest payments Long-term external debt IMF charges Short-term external debt

119.2 101.9 4.0 13.2

49.0 39.1 3.1 6.8

42.5 33.2 4.2 5.1

37.5 29.8 3.7 4.0

29.8 26.7 0.9 2.2

18.8 17.6 0.3 1.0

11.9 10.8 0.3 0.8

10.8 9.5 0.1 1.2

131.0 ..

418.2 ..

730.9 ..

856.0 ..

1277.0 ..

4553.0 ..

3631.0 ..

3186.0 ..

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

.. 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

25.3 16.9 0.0 0.0 4.4

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

0.8 24.5 5.0

0.0 0.0 0.0

2727.4 .. .. .. .. .. ..

7541.4 .. .. .. .. .. ..

9651.6 .. .. .. .. .. ..

11917.2 .. .. .. .. .. ..

18115.5 .. .. .. .. .. ..

17393.5 .. .. .. .. .. ..

18106.7 .. .. .. .. .. ..

21920.0 .. .. .. .. .. ..

.. 95.7 .. 8.8 1.9 .. ..

.. 15.4 .. 12.7 3.5 .. ..

.. 10.3 .. 15.3 3.0 .. ..

.. 7.2 .. 10.9 2.7 .. ..

.. 4.1 .. 6.8 2.7 .. ..

.. 3.8 .. 11.3 2.6 .. ..

.. 2.9 .. 10.4 2.7 .. ..

.. 2.0 .. 8.7 2.6 .. ..

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

6. Ratios

286

TURKMENISTAN (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

299.3 265.5 265.5 11.4 9.9 0.0 254.1 0.0 0.0 0.0 33.8 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

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

44.5 13.4 13.4 0.0 0.0 0.0 13.4 0.0 0.0 0.0 31.1 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

119.4 116.8 98.3 3.0 1.5 0.0 95.2 18.6 0.0 18.6 2.5 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

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

9.5 8.9 8.6 0.3 0.1 0.0 8.3 0.3 0.0 0.3 0.6 0.0

-122.9 -1.6

-473.0 -280.4

-166.7 -200.9

-137.3 -185.4

-108.0 -154.9

-84.2 -87.2

-132.4 -137.3

-83.8 -90.8

48.0 0.0 0.0

0.0 0.0 0.0

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

2012

2013

2014

2015

2016

2017

2018

2019

37.9 7.2

35.6 6.7

36.0 6.2

36.0 5.6

20.1 4.8

20.7 4.6

19.8 4.3

19.8 4.0

11.5 0.1

11.2 0.1

7.7 0.0

3.4 0.0

0.0 0.0

Notes: Long-term public and publicly guaranteed debt from 2010 are World Bank staff estimates. Long-term private nonguaranteed debt data (excluding bonds) only cover European Bank for Reconstruction and Development lending. 287

UGANDA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

3,535 3,051 3,051 0 354 129 58

4,437 4,184 4,184 0 173 79 29

1,276 1,075 1,075 0 53 148 27

1,629 1,546 1,546 0 56 26 26

2,267 1,754 1,754 0 55 458 26

2,736 2,221 2,221 0 281 235 26

3,260 2,671 2,671 0 275 314 26

3,858 2,958 2,958 0 273 627 26

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

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

51 2,953 5 1,041

External debt flows Disbursements Long-term external debt IMF purchases

230 219 12

230 224 6

250 247 3

473 473 0

275 275 0

493 493 0

486 486 0

331 331 0

Principal repayments Long-term external debt IMF repurchases

48 26 21

135 99 36

70 70 0

50 50 0

52 52 0

49 49 0

40 40 0

37 35 2

Net flows Long-term external debt Short-term external debt

177 192 -6

85 125 -10

251 177 71

303 424 -121

655 223 432

221 444 -223

525 447 79

607 296 313

Interest payments Long-term external debt IMF charges Short-term external debt

28 21 3 4

37 33 1 3

30 24 2 4

17 12 2 3

22 15 0 6

23 18 1 4

25 21 1 3

32 26 0 6

161 ..

380 ..

644 19

792 -23

729 13

842 131

544 -70

797 106

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 0.6 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

2.6 0.8 0.0 0.0 46.9

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

1.3 27.5 6.8

7.5 8.2 2.8

0.0 0.0 0.0

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

15,517 3,352 778 5,751 247 -1,251 2,994

16,865 3,561 768 6,733 183 -1,859 2,706

16,421 4,056 949 7,897 227 -2,276 2,617

493.6 58.1 10.6 3.7 74.5 22.9 6.2

278.9 49.5 10.8 1.8 88.6 30.3 6.1

71.5 13.1 5.6 11.6 66.6 141.9 6.6

66.0 13.9 2.7 1.6 82.0 157.2 7.2

72.3 16.0 2.4 20.2 68.8 101.5 4.9

81.6 17.6 2.1 8.6 73.7 109.4 6.2

91.6 19.3 1.8 9.6 74.1 83.0 4.8

95.1 23.5 1.7 16.3 70.1 67.8 4.0

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

6. Ratios

288

UGANDA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

2,958 2,958 2,958 2,705 0 1,844 253 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

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

331 331 331 330 0 178 1 0 0 0 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

35 35 35 27 0 7 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 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

26 26 26 23 0 13 4 0 0 0 0 0

-3 177

-333 85

-3,160 251

352 303

638 655

470 221

524 525

598 607

35 217 0

154 53 0

10 3,554 0

0 20 0

0 7 0

0 0 0

25 2 0

0 0 0

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 2012

2013

2014

2015

2016

2017

2018

2019

65 34

70 37

70 40

64 41

72 42

97 42

128 42

157 40

0 0

Official creditors Principal Interest Private creditors Principal Interest Notes: Data include the effects of HIPC and MDRI debt relief.

289

UKRAINE (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

13,904 9,677 8,136 1,541 3,779 447 183

33,121 17,999 8,469 9,530 3,059 12,063 110

51,917 33,756 9,769 23,987 2,800 15,361 150

78,372 52,958 13,567 39,390 2,501 22,914 199

97,661 70,300 14,041 56,258 6,726 20,636 335

99,281 66,381 13,040 53,340 13,027 19,873 650

116,026 72,501 16,025 56,476 16,262 27,264 1,671

134,481 85,543 17,965 67,577 16,212 32,727 13

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

567 8,112 1,565 157

240 8,452 9,547 2,063

286 9,761 23,995 2,219

322 13,567 39,390 4,328

653 14,041 56,258 1,000

2,651 13,040 53,340 1,079

4,342 16,025 56,476 3,745

499 17,965 67,577 3,726

External debt flows Disbursements Long-term external debt IMF purchases

1,651 1,401 251

7,853 7,853 0

17,784 17,784 0

28,387 28,387 0

36,158 31,416 4,742

23,495 17,325 6,170

33,433 30,000 3,433

30,379 30,379 0

Principal repayments Long-term external debt IMF repurchases

2,963 2,114 849

4,318 4,018 300

6,993 6,583 410

8,524 8,097 427

13,936 13,595 341

17,943 17,855 88

23,449 23,449 0

22,558 22,558 0

Net flows Long-term external debt Short-term external debt

-1,285 -714 26

5,234 3,835 1,698

14,048 11,201 3,258

27,367 20,290 7,504

19,808 17,821 -2,414

4,474 -530 -1,078

16,355 6,551 6,370

14,942 7,821 7,121

Interest payments Long-term external debt IMF charges Short-term external debt

783 572 197 14

1,354 852 109 393

2,130 1,523 131 475

3,031 2,266 107 659

3,621 3,157 31 433

4,531 4,135 139 256

3,980 3,380 247 353

4,915 4,124 365 426

595 146

7,808 82

5,604 322

10,193 715

10,700 388

4,769 105

6,451 290

7,207 519

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 0.0 0.0 53.2

21.2 1.3 0.0 0.0 65.7

18.5 4.0 0.0 6.4 62.1

18.1 2.8 0.0 5.0 68.4

15.9 3.3 0.0 5.1 71.0

17.6 3.7 0.0 0.0 74.7

13.4 0.9 0.0 0.0 83.3

7.8 1.4 0.0 0.0 89.5

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

1.8 19.6 4.6

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

7.2 7.7 7.7

30,320 19,665 33 19,032 43 1,481 1,353

85,157 43,384 2,408 43,695 268 2,534 18,988

106,031 49,687 3,102 54,479 996 -1,619 21,845

140,602 65,068 5,290 73,858 1,178 -5,251 31,786

178,452 87,899 6,782 103,807 2,506 -12,781 30,801

114,788 56,704 5,941 61,101 2,542 -1,736 25,557

134,410 70,341 6,535 76,332 2,218 -3,016 33,327

161,449 89,137 7,822 101,839 4,084 -8,994 30,409

70.7 45.9 19.0 3.2 17.1 9.7 0.9

76.3 38.9 13.1 36.4 8.0 57.3 5.2

104.5 49.0 18.4 29.6 5.4 42.1 4.8

120.4 55.7 17.8 29.2 4.4 40.6 5.2

111.1 54.7 20.0 21.1 4.2 31.5 3.6

175.1 86.5 39.6 20.0 4.5 25.7 5.0

164.9 86.3 39.0 23.5 3.8 28.7 5.2

150.9 83.3 30.8 24.3 2.7 22.6 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

6. Ratios

290

UKRAINE (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

9,677 8,136 5,000 2,372 1,991 0 2,628 3,136 2,379 134 1,541 0

17,999 8,469 5,021 2,666 2,429 0 2,355 3,448 2,250 169 9,530 550

33,756 9,769 4,899 2,780 2,362 0 2,119 4,870 3,686 157 23,987 1,513

52,958 13,567 5,365 3,449 2,309 0 1,916 8,202 7,035 143 39,390 4,185

70,300 14,041 5,793 4,099 3,022 0 1,694 8,249 7,105 124 56,258 4,965

66,381 13,040 6,026 4,480 3,294 0 1,547 7,014 5,907 90 53,340 5,059

72,501 16,025 5,789 4,392 3,212 0 1,397 10,236 9,148 75 56,476 5,114

85,543 17,965 5,021 3,696 3,189 0 1,324 12,945 11,873 64 67,577 5,589

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

1,401 173 141 119 113 0 22 32 0 14 1,228 0

7,853 1,411 563 556 484 0 7 847 747 100 6,442 450

17,784 2,233 319 319 85 0 0 1,915 1,915 0 15,550 962

28,387 4,315 804 800 115 0 3 3,511 3,511 0 24,072 2,800

31,416 923 918 917 889 0 2 4 0 4 30,493 1,230

17,325 664 664 607 509 0 57 0 0 0 16,661 789

30,000 3,998 313 265 158 0 49 3,685 3,685 0 26,002 1,730

30,379 3,285 532 425 244 0 107 2,753 2,750 3 27,094 1,550

2,114 1,250 1,208 63 24 0 1,145 42 33 2 864 0

4,018 1,193 546 265 168 0 281 647 622 0 2,825 0

6,583 1,159 532 252 171 0 280 627 602 18 5,424 0

8,097 850 498 246 189 0 252 352 328 20 7,248 129

13,595 482 456 232 203 0 224 26 0 21 13,113 450

17,855 1,721 475 263 235 0 212 1,246 1,209 34 16,134 695

23,449 886 468 271 243 0 197 418 401 14 22,563 1,925

22,558 1,340 1,322 1,133 270 0 188 18 0 14 21,218 1,075

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

572 500 148 139 118 0 8 352 344 8 72 0

852 383 130 87 76 0 43 253 172 3 470 41

1,523 422 176 135 121 0 41 246 158 11 1,101 89

2,266 566 185 149 134 0 36 381 293 10 1,699 247

3,157 545 163 135 118 0 28 381 295 9 2,613 336

4,135 645 168 148 78 0 20 478 392 8 3,490 423

3,380 442 111 98 34 0 14 330 251 3 2,938 407

4,124 654 85 75 31 0 10 569 490 2 3,470 423

-1,841 -1,285

3,032 5,234

18,796 14,048

26,455 27,367

19,289 19,808

1,619 4,474

16,746 16,355

18,455 14,942

2,185 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

2012

2013

2014

2015

2016

2017

2018

2019

517 73

526 67

400 63

480 61

477 57

481 52

483 47

429 42

20,303 2,583

13,447 2,015

7,996 1,706

9,332 1,405

6,961 1,145

3,851 1,113

14,465 1,659

0 261

291

URUGUAY (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

8,491 5,890 5,568 322 214 2,387 0

11,178 8,067 7,742 325 2,376 736 0

10,223 9,408 9,089 319 75 739 0

12,019 11,032 10,414 618 79 908 0

11,523 10,629 10,121 508 77 817 0

13,299 11,748 11,098 650 460 1,091 0

14,030 12,358 11,450 908 452 1,220 0

14,350 13,349 12,104 1,245 450 550 0

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

0 5,568 322 759

0 7,742 325 2,855

0 9,089 319 2,059

0 10,414 618 1,592

0 10,121 508 1,018

0 11,098 650 1,623

0 11,450 908 148

0 12,104 1,245 2,243

External debt flows Disbursements Long-term external debt IMF purchases

928 928 0

1,626 1,329 297

2,333 2,036 298

1,649 1,649 0

875 875 0

1,687 1,687 0

586 586 0

2,440 2,440 0

Principal repayments Long-term external debt IMF repurchases

667 667 0

1,277 808 469

3,983 1,313 2,670

417 417 0

418 418 0

546 546 0

771 771 0

697 697 0

Net flows Long-term external debt Short-term external debt

381 261 120

202 521 -147

-1,646 723 3

1,401 1,232 169

366 457 -91

1,415 1,141 274

-56 -185 129

1,073 1,743 -670

Interest payments Long-term external debt IMF charges Short-term external debt

547 414 11 123

631 434 117 80

727 580 109 37

713 659 8 47

576 555 1 21

743 730 1 12

761 744 1 15

765 751 0 14

269 5

827 -2

1,508 -27

1,359 2

2,142 -12

1,603 -18

2,191 0

2,177 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

.. 3.4 1.0 0.0 80.5

8.5 2.9 0.1 0.0 83.9

6.9 2.4 0.0 0.0 81.4

6.1 4.5 0.0 0.0 69.8

4.8 5.4 0.0 0.0 73.6

4.5 4.6 0.0 0.0 78.9

4.0 4.7 0.0 0.0 75.9

1.2 4.3 0.0 0.0 80.9

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

0.8 21.5 12.2

7.8 7.7 7.2

8.0 15.3 15.0

6.8 24.7 24.7

3.5 21.4 19.9

6.3 13.9 12.9

8.6 15.0 13.0

2.3 19.3 8.1

3.7 15.0 14.9

22,757 4,441 .. 5,035 99 -566 2,479

16,863 5,648 77 5,750 228 42 3,074

19,143 6,529 89 7,047 261 -392 3,085

22,892 7,818 96 8,176 531 -220 4,114

29,459 10,130 108 12,007 843 -1,729 6,353

29,612 9,169 101 9,756 740 -449 8,029

38,100 11,062 103 12,043 1,104 -863 7,644

45,341 13,195 102 14,763 1,196 -1,442 10,289

191.2 37.3 27.3 28.1 22.9 29.2 5.9

197.9 66.3 33.8 6.6 27.8 27.5 6.4

156.6 53.4 72.1 7.2 24.8 30.2 5.3

153.7 52.5 14.5 7.6 21.1 34.2 6.0

113.8 39.1 9.8 7.1 25.5 55.1 6.3

145.0 44.9 14.1 8.2 27.5 60.4 9.9

126.8 36.8 13.9 8.7 24.8 54.5 7.6

108.8 31.6 11.1 3.8 24.9 71.7 8.4

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

6. Ratios

292

URUGUAY (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

5,890 5,568 2,245 1,943 552 0 302 3,323 2,774 530 322 300

8,067 7,742 3,250 3,103 816 0 146 4,492 4,201 279 325 300

9,408 9,089 2,720 2,539 653 0 181 6,370 6,321 38 319 300

11,032 10,414 2,707 2,534 666 0 173 7,707 7,663 34 618 287

10,629 10,121 3,096 2,940 713 0 157 7,024 6,941 77 508 187

11,748 11,098 3,793 3,656 1,099 0 137 7,305 7,238 63 650 80

12,358 11,450 3,598 3,482 1,055 0 116 7,852 7,780 70 908 93

13,349 12,104 3,659 3,567 1,128 0 93 8,445 8,347 97 1,245 294

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

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

2,036 2,036 205 159 42 0 46 1,831 1,828 3 0 0

1,649 1,459 199 189 74 0 10 1,260 1,256 4 190 87

875 803 632 632 147 0 0 171 123 48 72 0

1,687 1,575 966 966 450 0 0 609 599 11 112 0

586 417 398 398 46 0 0 19 0 19 169 0

2,440 2,054 313 313 158 0 0 1,741 1,701 40 386 200

667 607 164 122 58 0 42 443 285 154 60 47

808 800 342 329 104 0 13 458 260 196 8 0

1,313 1,307 747 733 205 0 14 560 313 245 5 0

417 244 230 209 61 0 21 14 3 9 173 100

418 271 253 231 85 0 22 18 10 5 147 100

546 366 289 267 85 0 21 78 27 49 180 100

771 643 594 573 88 0 21 49 36 11 128 0

697 525 251 227 85 0 24 274 260 12 172 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

414 381 148 135 42 0 13 233 182 51 33 29

434 407 152 149 34 0 3 255 242 12 27 26

580 553 152 149 41 0 3 401 392 9 27 26

659 614 145 140 38 0 5 469 467 2 44 25

555 526 129 125 31 0 5 397 395 1 29 13

730 692 126 122 28 0 4 566 562 3 39 11

744 696 151 148 15 0 3 544 541 3 49 7

751 689 126 121 14 0 5 563 559 3 62 9

514 381

-611 202

-956 -1,646

1,796 1,401

-496 366

1,776 1,415

731 -56

320 1,073

0 0 0

0 0 955

0 0 178

0 0 542

0 0 0

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

2012

2013

2014

2015

2016

2017

2018

2019

275 78

293 73

314 68

309 61

305 54

427 45

264 38

226 32

269 572

206 564

177 554

193 545

180 531

666 517

494 502

453 460

Notes: Long-term private nonguaranteed debt data for 2011 are World Bank staff estimates based on reports provided by the country. Short-term debt is based on Central Bank data. 293

UZBEKISTAN (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

4,975 4,224 3,762 462 469 282 3

4,658 4,170 3,619 551 376 112 8

4,469 3,916 3,289 627 395 158 0

4,627 4,013 3,135 879 415 198 2

5,083 4,458 3,137 1,321 405 221 10

6,937 6,362 3,221 3,141 412 163 19

7,745 7,102 3,361 3,741 405 238 70

8,382 7,613 3,695 3,918 403 366 70

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

17 3,605 618 310

35 3,577 592 181

0 3,276 640 107

37 3,115 899 428

34 3,130 1,328 305

56 3,215 3,146 442

92 3,357 3,745 8,316

92 3,693 3,920 859

External debt flows Disbursements Long-term external debt IMF purchases

769 769 0

400 400 0

349 349 0

661 661 0

1,003 1,003 0

2,617 2,617 0

1,173 1,173 0

945 945 0

Principal repayments Long-term external debt IMF repurchases

648 583 65

642 623 18

677 677 0

647 647 0

711 711 0

717 717 0

498 498 0

459 459 0

Net flows Long-term external debt Short-term external debt

-223 186 -344

-308 -223 -66

-274 -328 54

51 13 38

308 293 15

1,833 1,900 -67

699 675 24

614 486 128

Interest payments Long-term external debt IMF charges Short-term external debt

252 206 24 23

157 141 12 4

189 170 16 3

189 168 14 7

152 141 3 8

123 120 1 2

125 118 1 6

165 157 0 7

75 ..

192 ..

174 ..

705 ..

711 ..

842 ..

1,628 ..

1,403 ..

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

.. 21.2 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

17.5 22.5 0.0 0.4 49.7

14.3 27.0 0.0 0.3 48.5

11.9 24.0 0.0 0.2 53.5

9.6 23.1 0.0 0.2 54.6

9.2 21.1 0.0 0.0 56.4

6.0 18.4 4.4

2.1 23.4 6.8

2.9 22.2 6.7

2.8 20.9 6.0

2.3 24.9 6.0

1.3 26.9 7.0

1.9 36.9 9.7

1.0 25.7 3.7

7.3 6.6 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

0.0 0.0 0.0

13,541 .. .. .. .. .. ..

14,283 .. .. .. .. .. ..

16,942 .. .. .. .. .. ..

23,242 .. .. .. .. .. ..

29,639 .. .. .. .. .. ..

33,714 .. .. .. .. .. ..

40,492 .. .. .. .. .. ..

47,150 .. .. .. .. .. ..

.. 36.7 .. 5.7 9.1 .. ..

.. 32.6 .. 2.4 17.0 .. ..

.. 26.4 .. 3.5 18.5 .. ..

.. 19.9 .. 4.3 18.8 .. ..

.. 17.2 .. 4.3 18.1 .. ..

.. 20.6 .. 2.4 15.3 .. ..

.. 19.1 .. 3.1 15.1 .. ..

.. 17.8 .. 4.4 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

6. Ratios

294

UZBEKISTAN (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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 3,135 2,458 868 317 43 1,589 677 0 125 879 0

4,458 3,137 2,655 920 313 55 1,736 482 0 111 1,321 0

6,362 3,221 2,886 1,064 284 83 1,822 335 0 73 3,141 0

7,102 3,361 3,136 1,171 259 114 1,965 226 0 58 3,741 0

7,613 3,695 3,468 1,281 232 149 2,187 227 0 107 3,918 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

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

661 229 208 93 17 16 115 21 0 20 432 0

1,003 306 269 106 15 13 162 37 0 37 697 0

2,617 464 456 211 5 28 245 8 0 1 2,152 0

1,173 437 422 192 5 32 230 15 0 15 736 0

945 601 525 202 12 36 324 76 0 76 344 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

647 494 218 61 25 0 157 276 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

498 368 254 86 32 0 168 114 0 27 131 0

459 292 222 89 39 0 133 69 0 20 167 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

206 182 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 58 22 11 1 37 4 0 1 56 0

157 66 60 21 10 1 39 7 0 3 91 0

-325 -223

-573 -308

-188 -274

158 51

456 308

1,854 1,833

808 699

638 614

0 0 0

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

2012

2013

2014

2015

2016

2017

2018

2019

284 105

287 146

316 171

332 189

303 195

304 196

306 194

310 189

1,277 18

764 13

601 9

448 6

371 4

294 2

294 0

6 0

295

VANUATU (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

95.7 73.1 73.1 0.0 21.2 1.4 0.0

105.3 71.9 71.9 0.0 23.3 10.2 0.2

107.6 72.0 72.0 0.0 24.5 11.1 0.1

123.9 78.1 78.1 0.0 25.7 20.1 0.1

150.9 89.7 89.7 0.0 25.1 36.1 0.1

155.3 98.8 98.8 0.0 25.5 31.0 0.0

173.3 99.3 99.3 0.0 25.1 49.0 0.0

201.8 98.8 98.8 0.0 25.0 78.0 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 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

0.0 98.8 0.0 0.0

External debt flows Disbursements Long-term external debt IMF purchases

14.2 14.2 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

0.9 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

3.4 3.4 0.0

Net flows Long-term external debt Short-term external debt

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

25.6 -3.4 29.0

Interest payments Long-term external debt IMF charges Short-term external debt

1.9 0.6 0.9 0.3

2.3 0.7 0.7 0.8

2.4 1.0 1.0 0.5

2.5 0.9 0.9 0.8

2.2 1.1 0.2 0.8

2.2 1.4 0.1 0.7

2.4 1.4 0.1 0.9

3.0 1.3 0.0 1.6

20.3 ..

13.3 ..

43.4 ..

34.2 ..

37.7 ..

32.1 ..

41.5 ..

58.1 ..

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 56.8

.. 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

4.1 0.0 0.0 0.0 42.2

2.0 14.5 3.5

0.0 0.0 0.0

0.0 20.0 5.0

2.0 20.0 5.3

0.0 0.0 0.0

259.0 175.7 34.7 178.8 21.9 5.0 38.9

367.3 204.6 5.1 258.6 35.3 -34.0 67.2

415.1 215.3 5.0 270.7 34.2 -30.1 104.7

500.0 255.7 5.5 313.2 45.6 -34.4 119.6

587.3 313.7 8.9 492.8 29.7 -141.6 115.2

568.1 330.9 11.5 345.5 41.7 10.3 148.6

668.6 362.4 11.8 468.4 49.8 -83.7 161.4

795.3 392.2 21.8 520.6 57.9 -115.8 173.8

54.4 36.9 1.6 1.5 67.0 40.7 2.6

51.5 28.7 1.6 9.7 64.0 63.8 3.1

50.0 25.9 2.1 10.3 62.7 97.3 4.6

48.4 24.8 1.8 16.2 55.9 96.5 4.6

48.1 25.7 1.5 23.9 47.0 76.4 2.8

46.9 27.3 1.7 20.0 44.2 95.7 5.2

47.8 25.9 1.6 28.3 39.7 93.1 4.1

51.4 25.4 1.6 38.7 33.4 86.1 4.0

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

6. Ratios

296

VANUATU (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

98.8 98.8 98.8 67.4 0.0 11.0 31.4 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

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

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

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

3.4 3.4 3.4 3.0 0.0 0.6 0.4 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

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

1.3 1.3 1.3 0.7 0.0 0.1 0.6 0.0 0.0 0.0 0.0 0.0

7.7 13.6

-40.6 -28.1

2.2 -1.2

16.3 10.8

27.0 23.6

4.4 3.1

18.0 14.4

28.5 25.6

0.0 0.0 0.0

0.0 3.8 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

2012

2013

2014

2015

2016

2017

2018

2019

4.2 1.9

5.3 1.8

6.4 1.7

6.0 1.7

6.0 1.6

6.0 1.5

6.0 1.8

6.0 1.7

0.0 0.0

Notes: Long-term public and publicly guaranteed debt data for 2010 and 2011 are World Bank staff estimates. Short-term debt is based on data from the BIS.

297

VENEZUELA, REPUBLICA BOLIVARIANA de (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

42,753 33,952 27,820 6,132 616 8,186 59

45,358 34,797 31,095 3,702 453 10,108 5

43,917 31,915 27,181 4,734 477 11,525 2

49,121 30,512 27,552 2,960 501 18,108 0

53,562 33,199 29,889 3,310 488 19,875 0

59,855 38,508 35,198 3,310 3,987 17,360 7

61,257 40,572 37,512 3,060 3,917 16,768 7

67,908 47,324 44,264 3,060 3,905 16,679 7

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

79 27,370 6,581 1,683

8 31,043 3,754 6,717

0 27,137 4,778 1,220

0 27,535 2,977 1,854

0 29,879 3,320 4,354

0 35,192 3,316 7,892

0 37,510 3,062 5,894

0 44,264 3,060 8,654

External debt flows Disbursements Long-term external debt IMF purchases

2,343 2,343 0

7,250 7,250 0

1,751 1,751 0

2,053 2,053 0

5,490 5,490 0

6,068 6,068 0

4,729 4,729 0

9,266 9,266 0

Principal repayments Long-term external debt IMF repurchases

3,428 2,921 507

2,385 2,385 0

2,222 2,222 0

2,109 2,109 0

2,745 2,745 0

812 812 0

1,135 1,135 0

2,518 2,518 0

Net flows Long-term external debt Short-term external debt

-384 -577 700

7,136 4,865 2,271

949 -471 1,420

6,529 -56 6,585

4,512 2,745 1,767

2,734 5,256 -2,522

3,003 3,595 -592

6,659 6,748 -89

Interest payments Long-term external debt IMF charges Short-term external debt

2,949 2,435 46 467

2,945 2,656 14 275

3,343 2,851 19 473

3,634 2,585 17 1,033

3,345 2,859 4 482

2,991 2,765 9 217

3,320 3,089 13 218

3,663 3,399 4 259

4,701 -574

2,706 28

198 41

2,594 50

409 0

-3,046 119

777 10

5,316 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

.. 1.9 0.8 0.4 83.3

11.5 0.5 0.0 0.0 83.6

14.1 0.7 0.0 0.1 80.7

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

5.8 0.4 0.0 0.0 92.6

3.6 0.2 0.0 0.0 95.5

8.0 12.8 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

2.9 19.1 2.6

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

11.1 16.9 16.0

115,760 37,760 17 25,737 1,424 11,853 13,088

143,314 61,208 148 36,093 3,895 25,053 23,919

182,433 75,348 165 48,808 6,540 26,462 29,417

232,911 82,021 151 64,114 4,733 17,353 24,196

316,011 105,408 137 70,735 4,608 34,098 33,098

326,285 62,093 131 55,767 2,413 6,035 21,703

389,399 69,523 143 56,884 3,889 12,071 13,137

311,168 96,709 138 69,008 5,789 27,205 9,930

113.2 36.9 16.9 19.1 7.5 30.6 6.1

74.1 31.6 8.7 22.3 6.2 52.7 8.0

58.3 24.1 7.4 26.2 6.9 67.0 7.2

59.9 21.1 7.0 36.9 5.1 49.3 4.5

50.8 16.9 5.8 37.1 5.0 61.8 5.6

96.4 18.3 6.1 29.0 5.2 36.3 4.7

88.1 15.7 6.4 27.4 7.2 21.4 2.8

70.2 21.8 6.4 24.6 8.2 14.6 1.7

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

6. Ratios

298

VENEZUELA, REPUBLICA BOLIVARIANA de (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

33,952 27,820 6,180 3,218 972 0 2,961 21,640 16,217 3,490 6,132 3,880

34,797 31,095 3,434 2,803 200 0 632 27,661 23,546 3,172 3,702 3,670

31,915 27,181 3,827 3,042 51 0 785 23,354 19,478 2,855 4,734 4,734

30,512 27,552 3,410 2,503 0 0 907 24,142 20,675 2,584 2,960 2,960

33,199 29,889 3,550 2,701 0 0 849 26,339 23,353 2,345 3,310 3,310

38,508 35,198 4,144 3,133 0 0 1,011 31,054 28,360 2,205 3,310 3,310

40,572 37,512 5,382 4,440 0 0 942 32,130 29,762 2,012 3,060 3,060

47,324 44,264 6,719 5,574 0 0 1,145 37,546 35,769 1,521 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

2,343 2,343 787 403 50 0 385 1,556 462 667 0 0

7,250 7,250 406 177 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

4,729 4,729 1,707 1,647 0 0 60 3,023 3,000 10 0 0

9,266 9,266 2,060 1,646 0 0 414 7,206 7,200 6 0 0

2,921 2,265 613 356 208 0 257 1,652 1,119 372 655 0

2,385 1,698 739 531 106 0 208 959 226 441 687 0

2,222 1,644 738 609 159 0 129 906 0 558 578 546

2,109 1,835 992 874 50 0 118 843 32 492 274 274

2,745 2,445 527 377 0 0 150 1,918 1,295 348 300 300

812 812 450 300 0 0 150 362 0 190 0 0

1,135 885 479 340 0 0 139 406 119 160 250 250

2,518 2,518 725 511 0 0 214 1,793 1,186 510 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

2,435 1,867 343 259 91 0 84 1,524 1,298 176 568 304

2,656 2,308 204 163 10 0 41 2,103 1,747 297 349 296

2,851 2,412 219 176 6 0 44 2,193 1,834 288 439 392

2,585 2,314 243 195 1 0 49 2,070 1,751 264 271 271

2,859 2,525 235 162 0 0 73 2,290 2,005 241 334 274

2,765 2,441 186 138 0 0 48 2,255 2,024 210 324 281

3,089 2,789 177 137 0 0 40 2,612 2,411 194 301 269

3,399 3,120 205 150 0 0 54 2,916 2,721 190 278 256

-731 -384

6,060 7,136

-1,441 949

5,204 6,529

4,441 4,512

6,293 2,734

1,402 3,003

6,651 6,659

0 0 0

0 0 419

0 0 4,292

0 1 177

0 2 4

0 1 0

0 1 1,490

0 1 0

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

2012

2013

2014

2015

2016

2017

2018

2019

519 209

555 210

497 204

483 196

604 185

557 173

607 159

503 145

1,376 3,813

1,789 3,699

2,003 3,523

1,537 3,308

2,192 3,178

184 3,104

2,367 3,064

2,591 2,878

Notes: Long-term private nonguaranteed debt data only cover Bonds. Short-term debt from 1997 is based on Central Bank data.

299

VIETNAM (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

12,859 11,558 11,558 0 378 923 78

19,039 16,193 16,193 0 272 2,574 74

18,649 15,969 15,969 0 252 2,427 0

23,285 18,416 18,416 0 239 4,630 0

26,488 22,014 22,014 0 195 4,279 1

33,085 27,321 27,321 0 578 5,186 0

49,343 41,864 32,755 9,109 529 6,949 0

57,841 47,381 36,599 10,782 496 9,964 0

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

1,378 11,558 0 1,196

1,346 16,193 0 2,724

0 15,969 0 3,285

0 18,416 0 4,318

0 22,014 0 5,380

0 27,321 0 6,591

0 32,755 9,109 5,667

0 36,483 10,898 18,966

External debt flows Disbursements Long-term external debt IMF purchases

1,272 1,272 0

2,047 2,047 0

1,249 1,249 0

2,440 2,440 0

2,799 2,799 0

4,730 4,730 0

6,867 6,867 0

6,714 6,714 0

Principal repayments Long-term external debt IMF repurchases

958 937 21

534 480 54

510 477 33

642 617 25

809 770 39

952 914 38

2,008 1,970 38

2,395 2,362 33

Net flows Long-term external debt Short-term external debt

472 335 158

1,926 1,567 413

667 772 -73

4,001 1,823 2,203

1,638 2,029 -352

4,686 3,816 908

6,622 4,897 1,763

7,335 4,352 3,015

Interest payments Long-term external debt IMF charges Short-term external debt

352 296 5 51

435 317 3 115

455 328 4 123

616 418 3 194

599 464 1 134

538 476 2 61

787 707 2 79

1,001 895 1 106

1,298 0

1,954 115

2,400 1,313

6,700 6,243

9,579 -578

7,600 128

8,000 2,383

7,430 1,064

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

.. 23.6 0.1 0.1 43.2

5.7 26.3 0.1 0.0 44.7

6.8 29.2 0.1 0.0 42.2

7.3 30.0 0.1 0.0 41.8

6.7 35.1 0.1 0.0 39.5

8.2 30.8 0.0 0.0 43.3

9.1 30.9 0.0 0.0 48.1

8.2 31.4 0.0 0.0 47.8

1.4 36.0 9.5

1.3 33.5 9.1

2.3 31.6 8.4

2.3 28.8 9.1

2.1 30.2 8.6

1.2 29.0 8.1

1.0 28.8 8.2

2.2 29.6 8.7

0.0 0.0 0.0

6.9 10.2 10.1

6.2 14.6 3.2

6.9 13.1 3.2

5.4 11.2 2.4

1.7 11.9 3.0

4.8 11.8 7.0

2.7 13.5 3.7

30,726 17,481 .. 18,107 .. 1,106 3,417

51,859 36,987 3,150 40,927 .. -560 9,051

59,487 45,594 3,800 49,807 .. -164 13,384

68,845 55,757 6,180 69,140 .. -6,953 23,479

88,145 71,048 6,805 89,182 .. -10,823 23,890

92,614 63,615 6,020 76,671 .. -6,608 16,447

102,008 80,153 8,260 92,314 .. -4,276 12,467

117,763 106,180 8,600 114,629 .. 236 13,539

73.6 41.9 7.5 7.2 14.7 26.6 2.3

51.5 36.7 2.6 13.5 27.0 47.5 2.7

40.9 31.3 2.1 13.0 31.4 71.8 3.2

41.8 33.8 2.3 19.9 30.6 100.8 4.1

37.3 30.1 2.0 16.2 30.4 90.2 3.2

52.0 35.7 2.3 15.7 31.9 49.7 2.6

61.6 48.4 3.5 14.1 25.4 25.3 1.6

54.5 49.1 3.2 17.2 24.9 23.4 1.4

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

6. Ratios

300

VIETNAM (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

11,558 11,558 8,680 1,895 0 1,113 6,785 2,878 534 1,658 0 0

16,193 16,193 14,259 5,144 0 3,187 9,115 1,934 1,145 454 0 0

15,969 15,969 14,117 5,860 0 3,663 8,256 1,853 1,104 484 0 0

18,416 18,416 16,261 7,124 0 4,549 9,137 2,155 1,064 890 0 0

22,014 22,014 19,370 8,045 0 5,074 11,325 2,644 1,033 1,418 0 0

27,321 27,321 23,939 10,569 0 6,270 13,370 3,382 1,301 1,936 0 0

41,864 32,755 27,426 12,537 700 7,010 14,889 5,329 2,020 3,147 9,109 0

47,381 36,599 31,031 14,374 794 7,951 16,657 5,568 2,001 3,430 10,782 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

1,272 1,272 1,176 395 0 174 781 96 0 9 0 0

2,047 2,047 1,261 639 0 391 622 786 750 36 0 0

1,249 1,249 1,172 548 0 340 623 78 0 78 0 0

2,440 2,440 2,006 1,013 0 748 994 433 0 433 0 0

2,799 2,799 2,202 918 0 592 1,284 597 0 597 0 0

4,730 4,730 4,104 2,359 0 1,206 1,745 627 0 627 0 0

6,867 5,582 3,665 2,069 700 853 1,596 1,918 1,000 918 1,285 0

6,714 4,587 3,945 2,027 94 1,050 1,918 642 0 642 2,127 0

937 937 134 6 0 2 128 802 0 617 0 0

480 480 303 31 0 14 272 177 41 58 0 0

477 477 313 43 0 23 270 164 41 55 0 0

617 617 456 61 0 30 395 161 41 52 0 0

770 770 587 80 0 37 507 183 31 93 0 0

914 914 686 126 0 47 560 228 39 141 0 0

1,970 1,047 734 160 0 52 575 313 19 236 923 0

2,362 1,181 803 206 0 62 597 378 19 331 1,181 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

296 296 77 14 0 7 63 218 21 153 0 0

317 317 256 52 0 30 204 61 21 24 0 0

328 328 234 55 0 33 179 94 56 26 0 0

418 418 300 64 0 34 236 118 70 34 0 0

464 464 329 75 0 38 254 135 69 55 0 0

476 476 344 87 0 40 257 132 74 55 0 0

707 563 398 110 5 47 287 165 93 69 144 0

895 686 454 137 6 59 317 232 126 101 209 0

-10,389 472

1,046 1,926

-390 667

4,636 4,001

3,203 1,638

6,597 4,686

16,258 6,622

8,497 7,335

0 10,395 0

201 3 0

0 0 0

3 0 0

5 0 0

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

2012

2013

2014

2015

2016

2017

2018

2019

1,212 577

1,524 598

1,689 754

1,724 786

1,856 799

1,856 797

2,002 783

2,320 761

3,361 818

2,493 705

2,380 589

1,677 489

2,340 386

1,365 292

1,203 235

1,006 186

Notes: Arrears were removed from 2006 based on reports provided by the country. Long-term private nonguaranteed debt data for 2010 and 2011 are provided by the country. 301

YEMEN, REPUBLIC OF (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

5,162 4,109 4,109 0 355 699 27

5,501 4,814 4,814 0 333 353 94

5,706 5,099 5,099 0 289 318 100

6,152 5,524 5,524 0 215 413 107

6,319 5,696 5,696 0 140 483 112

6,734 5,875 5,875 0 417 442 117

6,682 5,933 5,933 0 436 313 124

6,418 5,876 5,876 0 410 131 131

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

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 0 339

180 5,876 0 344

External debt flows Disbursements Long-term external debt IMF purchases

137 137 0

265 265 0

353 353 0

390 390 0

285 285 0

332 332 0

340 287 53

101 101 0

Principal repayments Long-term external debt IMF repurchases

153 81 71

150 94 56

161 101 60

199 113 87

206 134 71

184 140 44

182 155 27

200 175 25

Net flows Long-term external debt Short-term external debt

270 56 285

176 171 61

151 252 -41

278 277 88

145 151 65

102 192 -46

22 132 -136

-288 -74 -189

Interest payments Long-term external debt IMF charges Short-term external debt

92 45 12 35

64 55 4 4

76 67 5 4

74 65 4 5

79 70 1 7

80 72 1 6

79 74 1 4

75 74 0 0

6 0

-302 0

1,121 0

917 0

1,555 0

129 0

-93 0

-713 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

.. 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

1.8 5.4 0.0 0.0 56.6

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

1.4 16.3 3.7

2.5 25.0 1.3

0.0 0.0 0.0

8,863 4,158 1,288 4,221 855 1,337 2,900

15,139 6,963 1,283 7,745 1,603 624 6,115

17,846 8,181 1,283 9,332 1,403 206 7,512

20,306 8,158 1,322 11,092 1,390 -1,508 7,715

25,001 10,504 1,411 13,918 1,875 -1,251 8,111

23,959 7,207 1,160 11,287 927 -2,565 6,936

29,133 9,316 1,526 12,821 1,408 -1,381 5,868

31,329 9,963 1,404 13,126 2,240 -1,029 4,449

124.2 58.2 5.9 13.5 32.5 56.2 8.2

79.0 36.3 3.1 6.4 40.3 111.2 9.5

69.7 32.0 2.9 5.6 43.9 131.6 9.7

75.4 30.3 3.3 6.7 47.2 125.4 8.3

60.2 25.3 2.7 7.7 48.1 128.4 7.0

93.4 28.1 3.7 6.6 46.9 103.0 7.4

71.7 22.9 2.8 4.7 49.1 87.8 5.5

64.4 20.5 2.8 2.0 50.6 69.3 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

6. Ratios

302

YEMEN, REPUBLIC OF (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

5,876 5,876 5,874 3,248 0 2,135 2,626 2 0 2 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

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

101 101 101 80 0 13 21 0 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

175 175 174 114 0 52 60 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

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

74 74 74 42 0 17 32 0 0 0 0 0

-1,119 270

-116 176

205 151

447 278

166 145

416 102

-53 22

-264 -288

123 9 0

65 116 0

0 123 0

0 8 0

0 20 0

0 0 0

0 93 0

0 2 0

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

2012

2013

2014

2015

2016

2017

2018

2019

263 87

290 93

310 94

312 92

320 88

317 83

324 77

326 72

1 0

0 0

Notes: Short-term debt is based on data from the BIS.

303

ZAMBIA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

5,811 4,508 4,444 65 1,227 76 33

5,461 4,538 3,942 596 689 234 90

2,376 1,788 962 826 144 443 140

2,857 2,087 1,107 981 195 575 149

3,080 2,205 1,157 1,049 201 674 152

3,774 2,220 1,200 1,020 1,080 474 154

4,411 2,104 1,309 794 1,117 1,191 167

4,360 2,897 1,380 1,517 1,137 326 167

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

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

323 1,379 1,518 288

External debt flows Disbursements Long-term external debt IMF purchases

287 261 26

235 218 16

445 421 24

357 315 42

250 239 11

369 126 244

251 195 56

234 205 29

Principal repayments Long-term external debt IMF repurchases

98 98 0

215 136 79

87 87 0

75 75 0

114 114 0

122 122 0

87 86 1

136 130 5

Net flows Long-term external debt Short-term external debt

159 163 -30

88 82 69

517 334 159

405 240 123

232 125 96

45 4 -202

868 109 704

-767 75 -865

Interest payments Long-term external debt IMF charges Short-term external debt

92 80 10 3

69 58 7 4

57 44 4 9

49 32 4 13

53 39 1 13

49 36 3 10

62 29 2 31

53 48 1 4

122 6

357 5

616 2

1,324 4

939 -6

695 -13

1,729 101

1,982 11

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

.. 13.9 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

8.5 0.1 0.3 0.0 35.5

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

0.6 44.1 6.2

0.0 0.0 0.0

3.0 3.9 0.0

0.0 0.0 0.0

3,082 891 .. 1,567 71 -662 245

6,586 2,533 53 3,239 461 -600 560

9,534 4,191 58 4,411 1,107 142 720

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 7,733 44 7,021 1,303 1,144 2,094

17,644 9,058 46 9,221 1,500 215 2,324

652.0 188.6 21.2 1.3 41.4 4.2 1.9

215.6 82.9 11.2 4.3 57.2 10.3 2.1

56.7 24.9 3.5 18.7 28.5 30.3 2.0

59.3 28.4 2.6 20.1 26.7 38.1 2.2

58.2 23.3 3.2 21.9 26.6 35.6 1.9

82.7 33.0 3.7 12.6 23.1 50.1 5.0

57.0 30.8 1.9 27.0 20.9 47.5 3.6

48.1 24.7 2.1 7.5 22.2 53.3 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

6. Ratios

304

ZAMBIA (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

2,897 1,380 1,355 966 0 492 389 25 0 0 1,517 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

261 251 251 249 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

205 112 112 76 0 68 36 0 0 0 93 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

130 48 40 27 0 3 13 8 0 0 82 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 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

48 13 13 8 0 4 5 0 0 0 35 0

-142 159

-2,079 88

-3,085 517

482 405

223 232

695 45

637 868

-51 -767

169 56 0

58 1,643 0

9 3,592 0

51 11 0

0 12 0

0 3 0

0 2 0

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

2012

2013

2014

2015

2016

2017

2018

2019

56 16

50 18

54 20

57 21

89 21

97 21

99 20

103 19

345 67

243 49

218 34

128 25

103 18

77 12

64 7

52 4

Notes: Long-term public and publicly guaranteed from 2007-2008, long-term private nonguaranteed from 2007, and short-term debt data for 2011 are World Bank staff estimates based on reports provided by the country. Short-term debt for 2011 only includes private nonguaranteed short-term debt. Data include the effects of HIPC and MDRI debt relief. 305

ZIMBABWE (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

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

3,841 2,979 2,774 205 294 568 55

4,225 3,209 3,177 32 125 891 534

4,629 3,393 3,367 26 128 1,108 619

5,355 3,765 3,690 75 134 1,456 753

5,256 3,729 3,640 89 129 1,398 807

5,413 3,809 3,720 89 542 1,062 915

5,866 4,262 3,666 596 529 1,076 939

6,275 4,554 3,650 904 527 1,194 1,008

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

167 2,767 212 50

1,514 3,170 39 11

1,779 3,367 26 201

2,084 3,690 75 0

2,184 3,640 89 0

2,419 3,720 89 0

2,480 3,666 596 0

2,559 3,650 904 0

External debt flows Disbursements Long-term external debt IMF purchases

185 185 0

25 25 0

45 45 0

227 227 0

94 94 0

79 79 0

862 862 0

1,409 1,409 0

Principal repayments Long-term external debt IMF repurchases

282 212 70

210 45 165

38 35 3

55 55 0

57 55 2

66 66 0

341 337 4

1,091 1,091 0

Net flows Long-term external debt Short-term external debt

-330 -27 -233

-224 -20 -40

138 10 132

386 172 214

-75 39 -112

-431 13 -444

512 525 -10

366 317 49

Interest payments Long-term external debt IMF charges Short-term external debt

139 81 11 48

27 7 1 19

54 4 24 27

42 14 1 27

26 10 0 16

36 30 1 5

34 31 1 2

46 43 0 3

23 ..

103 ..

40 ..

69 ..

52 ..

105 ..

166 ..

387 ..

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

.. 5.4 5.5 0.4 29.9

31.6 5.4 6.0 0.4 28.7

33.2 5.0 6.4 0.4 27.9

33.8 4.8 5.9 0.4 29.5

32.4 6.1 4.5 0.5 30.5

33.0 5.8 4.8 0.5 30.1

31.5 6.7 4.7 0.5 30.3

30.8 7.2 4.7 0.5 30.4

4.8 12.9 3.6

3.0 15.0 4.5

6.1 4.1 0.5

0.0 0.0 0.0

0.9 24.5 7.0

0.3 21.0 5.5

13.9 9.8 4.1

6.5 5.5 0.9

0.0 0.0 0.0

6,329 .. .. .. .. .. 193

5,479 .. .. .. .. -532 ..

5,131 .. .. .. .. -356 ..

4,928 .. .. .. .. -342 ..

4,191 .. .. .. .. -762 ..

5,636 .. .. .. .. .. ..

7,278 .. .. .. .. .. ..

9,690 .. .. .. .. .. ..

.. 60.7 .. 14.8 35.2 5.0 ..

.. 77.1 .. 21.1 35.2 .. ..

.. 90.2 .. 23.9 33.4 .. ..

.. 108.7 .. 27.2 30.1 .. ..

.. 125.4 .. 26.6 30.5 .. ..

.. 96.1 .. 19.6 29.9 .. ..

.. 80.6 .. 18.3 27.2 .. ..

.. 64.8 .. 19.0 25.3 .. ..

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

6. Ratios

306

ZIMBABWE (US$ million, unless otherwise indicated) 2000

2005

2006

2007

2008

2009

2010

2011

2,979 2,774 2,437 1,352 416 437 1,085 337 0 198 205 0

3,209 3,177 2,771 1,485 437 478 1,286 406 0 264 32 0

3,393 3,367 2,926 1,547 445 501 1,379 441 0 287 26 0

3,765 3,690 3,224 1,611 455 522 1,613 466 0 306 75 0

3,729 3,640 3,214 1,605 464 519 1,610 425 0 264 89 0

3,809 3,720 3,273 1,618 463 522 1,655 446 0 279 89 0

4,262 3,666 3,233 1,593 463 513 1,640 432 0 267 596 0

4,554 3,650 3,220 1,588 463 511 1,633 430 0 261 904 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

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

862 20 19 0 0 0 19 0 0 0 843 0

1,409 10 5 2 0 0 3 5 0 0 1,398 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 3 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

337 1 1 0 0 0 1 0 0 0 336 0

1,091 1 1 0 0 0 1 0 0 0 1,091 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 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

31 13 13 0 0 0 13 0 0 0 18 0

43 14 14 0 0 0 14 0 0 0 29 0

-496 -330

-554 -224

404 138

726 386

-99 -75

157 -431

453 512

410 366

0 0 0

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

2012

2013

2014

2015

2016

2017

2018

2019

262 27

134 17

89 13

64 11

58 10

56 9

55 8

54 7

98 25

98 22

98 19

98 16

97 14

97 11

97 8

97 5

Notes: Short-term debt is based on data from the BIS.

307

About the Data

Data Sources

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 International Debt Statistics (IDS) database, from which the

tables in this publication 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 primary income 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 sixth edition of the IMF’s Balance of Payments Manual (BPM6). 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. Nevertheless, quality and coverage vary among debtors and may also

309

I N T E R N A T I O N A L

D E B T

S T A T I S T I C S

2 0 1 3

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 Bankâ&#x20AC;&#x2122;s operational classifications, which may differ from common geographic usage or income groups used by other organizations. Country classifications of DRS reporting countries in 2011 are shown in country groups in the back of the publication. The same classification is used for all historical data shown in International Debt Statistics 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 undisbursed debt) may not equal commitments less repayments. Discrepancies will be particularly significant when exchange rates have moved

310

sharply during the year. Projected debt service is converted to U.S. dollars at rates in effect at the end of December 2011. 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 1988â&#x20AC;&#x201C;89 edition of World Debt Tables (the predecessor of IDS), all data pertaining to IBRD loans from 1985 onward are recorded at their current market value. Starting with the 1991â&#x20AC;&#x201C;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 IDS includes a debt stock reconciliation, but not all components are shown in the IDS print edition.

External Debt Restructuring Starting in 1985, the WBXD includes information on restructuring of debt by official creditors

A B O U T

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 IDS tables and online database to complement the cashbasis 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 IDS 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: â&#x20AC;˘

â&#x20AC;˘

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 outstanding balance of the loan at the beginning of the period. Using the interest rate specified in the loan contract, the first and final

311

T H E

D A T A

I N T E R N A T I O N A L

D E B T

S T A T I S T I C S

2 0 1 3

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 2011 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 2011.

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.

312

External Debt and Its Components

his section describes the compilation of the major components of external debt included in the IDS 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 IDS 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 both foreign and domestic currency.

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 short-term debt. Unless otherwise specified in the country tables, the data for short-term debt are derived from the data provided by the quarterly external debt statistics (QEDS) database. QEDS is jointly developed by the World Bank and the IMF and provides detailed external debt data of countries that subscribe to the IMF’s SDDS and a selected number of countries that participate in the IMF’s GDDS. The data are compiled according to the External Debt Statistics, Guide for Compilers and Users. BIS data on international bank lending is the second source of the short-term debt. These data are reported on the basis of residual maturity, but an estimate of shortterm 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 1 and 2 years. However, not all commercial banks report to the BIS in a way that allows the full maturity distribution to be determined, and the

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

BIS data include liabilities only to banks within 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. 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.

Bonds

Other

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 (Enhanced Structural Adjustment Facility in 1999) are presented together with all of the IMFâ&#x20AC;&#x2122;s special facilities (buffer stock, supplemental reserve, compensatory and contingency facilities, oil facilities, and other facilities). Special drawing rights (SDR) allocations are also included in this category. According to the BPM6, SDR allocations are recorded as the incurrence of a debt liability of the member receiving them (because of a requirement to repay the allocation in certain circumstances, and also because interest accrues). This debt item is introduced for the first time this year with historical data starting in 1999.

Use of IMF Credit Data related to the operations of the IMF are provided by the IMF Treasurerâ&#x20AC;&#x2122;s Department. They are converted from special drawing rights into dollars using end-of-period exchange rates

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

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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.

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 long-term public and publicly guaranteed external debt reported to the DRS.

Public and Publicly Guaranteed Debt 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 known to be significant. The estimation of private nonguaranteed debt is based on the national data on QEDS 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

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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 paymentâ&#x20AC;&#x2122;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 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 creditorsâ&#x20AC;&#x2122; 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

A B O U T

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.

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.

Private Creditors

Sources of the Macroeconomic Indicators

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

he macroeconomic data are prepared by The World Bank from a variety of sources. Data on personal transfers 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 the United Nations Conference on Trade and Development publication. Other macroeconomic data are from IMF balance of payments statistics.

Data on Exports of Goods, Services, and Primary Income are gap filled with countries’ balance of payments statistics for the following countries: Angola Burkina Faso (from 2010) Cambodia Comoros (from 2005) Ghana Haiti

Jamaica Madagascar (from 2006) Mauritania (from 2006) Papua New Guinea São Tomé and Príncipe Seychelles

Solomon Islands Swaziland Tonga (from 2010) Tunisia

Data on Imports of Goods, Services, and Primary Income are gap filled with countries’ balance of payments statistics for the following countries: Angola Burkina Faso (from 2010) Cambodia Comoros (from 2005) Ghana Haiti

Jamaica Madagascar (from 2006) Mauritania (from 2006) Papua New Guinea São Tomé and Príncipe Seychelles

Solomon Islands Swaziland Tonga (from 2010) Tunisia

Data for Current Account Balance are based on countries’ balance of payments statistics for the following countries: Angola Burkina Faso (from 2010) Cambodia Comoros (from 2005) Ghana Guinea-Bissau (from 2010) Guyana Haiti

Jamaica Madagascar (from 2006) Maldives Mauritania (from 2006) Niger (from 2010) Papua New Guinea Rwanda São Tomé and Príncipe

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Senegal (from 2010) Seychelles Solomon Islands Swaziland Togo (from 2010) Tonga (from 2010) Tunisia Zimbabwe (from 2005)

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Data for the Personal Transfers and Compensation of Employees are based on BPM5 for the following countries: Benin Botswana Burkina Faso (from 2010) Cambodia Chile Côte d’Ivoire Djibouti Fiji Ghana Guinea-Bissau (from 2010)

Guyana Haiti Iran, Islamic Rep. Jamaica Lao PDR Lesotho Liberia Malaysia Maldives Mali

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Mauritius Myanmar Niger (from 2010) Papua New Guinea Rwanda São Tomé and Príncipe Senegal (from 2010) Seychelles Solomon Islands South Africa

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 (A) 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)

Uruguay (A) Venezuela, RB (A)

Romania (A) Russian Federation (P) Serbiaa,b (A) Tajikistan (A) Turkey (A) Turkmenistan (E) Ukraine (A) Uzbekistan (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 (E) Tunisia (A) Yemen, Rep. (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)

South Asia Afghanistan (A) Bangladesh (A) Bhutan (A) India (A) Maldives (A) Nepal (A) Pakistan (A) Sub-Saharan Africa Angola (A) Benin (A) Botswana (A) Burkina Faso (A) Burundi (A) Cameroon (A) Cape Verde (A) Central African Republic (P) Chad (E)

Comoros (A) Congo, Dem. Rep. (A) Congo, Rep. (P) Côte d’Ivoire (A) Eritrea (E) Ethiopia (A) Gabon (A) Gambia, The (A) Ghana (A) Guinea (P) 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 Príncipe (A) Senegal (A) Seychelles (A) Sierra Leone (A) Somalia (E) South Africa (A) Sudanc (A) Swaziland (E) Tanzania (A) Togo (A) Uganda (A) Zambia (P) Zimbabwe (A)

Note: Letters in parentheses 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. c. Data for 2011 include South Sudan.

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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 Mauritania Mozambique Myanmar Nepal Niger Rwanda Sierra Leone Somalia Tajikistan Tanzania

Togo Uganda Zimbabwe

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 Mauritius Mexico Moldova Mongolia Montenegro Morocco Nicaragua Nigeria Pakistan Panama

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

Papua New Guinea Paraguay Peru Philippines Romania Russian Federation Samoa São Tomé and Príncipe Senegal Serbia Seychelles Solomon Islands South Africa Sri Lanka 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 $1,025 or less in 2011. Middle-income economies are those with a GNI per capita of more than $1,026 but less than $12,475. Lower-middle-income and upper-middle-income economies are separated at a GNI per capita of $4,036.

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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.

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.

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.

Current account balance shows the difference between the sum of exports and income receivable and the sum of imports and income payable (exports and imports refer to both goods and services, while income refers to both primary and secondary income).

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.

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.

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 long term 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 identified in the International Debt Statistics [IDS] publication but are available in the CD-ROM and online database).

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

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.

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.

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Debt outstanding and disbursed is the value at yearâ&#x20AC;&#x2122;s end of long-term external debt owed by 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 primary 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.

one economy having control or a significant degree of influence on the management of an enterprise that is resident in another economy. 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 International Debt Statistics 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).

Exports of goods, services, and primary income constitute the total value of exports of goods and services, receipts of compensation of nonresident workers, and investment income from abroad.

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.

External debt flows are debt-related transactions during the year specified. They include disbursements, principal repayments, and interest payments.

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.

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 313 (figure 1).

Imports of goods, services, and primary 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.

External debt stocks to exports is the ratio of outstanding external debt to the value of exports of goods and services and receipts of primary 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. Direct investment is a category of crossborder investment associated with a resident in

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Interest payments are the amounts of interest paid in foreign currency, goods, or services in the year specified. Interest rate is the interest rate applicable to a loan commitment as specified in the loan contract. The information presented in International Debt

G L O S S A R Y

Statistics 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 countryâ&#x20AC;&#x2122;s monetary authorityâ&#x20AC;&#x2122;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 International Debt Statistics 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

Inter-American 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. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. 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

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(CIRR) for each relevant currency compiled and published by the Organisation for Economic Cooperation and Development. Primary income 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). Principal arrears on long-term debt are principal repayments due but not paid on long-term external debt, shown on a cumulative basis. 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. 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). Public debt, which is an external obligation of a public debtor, including the national government, a political subdivision (or an agency of either), and autonomous public bodies. Publicly guaranteed debt, which is 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 primary income in the year shown and is expressed in months:

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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. 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. SDR allocations are also included in this category.

Usersâ&#x20AC;&#x2122; Guide The general cutoff date for all data in this publication is end-September 2012. 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 2011 are based on reports provided by the country.

Abbreviations The following abbreviations are used in the principal ratios and indicator tables: BIS BPM6 BRIC CIRR COMSEC CRS DAC DRS EBRD FDI GDP GNI HIPC IBRD IDA IDS IFC IMF LIBOR M&A MDRI ODA OECD PSD QEDS SDRs UNCTAD WBXD

Bank for International Settlements Balance of Payments Manual (6th edition) Brazil, the Russian Federation, India, and China 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) European Bank for Reconstruction and Development foreign direct investment gross domestic product 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 International Debt Statistics International Finance Corporation International Monetary Fund London Interbank Offered Rate merger and acquisition Multilateral Debt Relief Initiative Official Development Assistance Organisation for Economic Co-operation and Development Public Sector Debt Quarterly External Debt Statistics special drawing rights (of the IMF) United Nations Conference on Trade and Development World Bank External Debt System

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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.

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