International Debt Statistics 2015 by World Bank Publications

International Debt Statistics 2015

© 2015 International Bank for Reconstruction and Development / The World Bank 1818 H Street NW, Washington DC 20433 Telephone: 202-473-1000; Internet: www.worldbank.org Some rights reserved 1 2 3 4 18 17 16 15 This work is a product of the staff of The World Bank with external contributions. The findings, interpretations, and conclusions expressed in this work do not necessarily reflect the views of The World Bank, its Board of Executive Directors, or the governments they represent. The World Bank does not guarantee the accuracy of the data included in this work. The boundaries, colors, denominations, and other information shown on any map in this work do not imply any judgment on the part of The World Bank concerning the legal status of any territory or the endorsement or acceptance of such boundaries. Nothing herein shall constitute or be considered to be a limitation upon or waiver of the privileges and immunities of The World Bank, all of which are specifically reserved. Rights and Permissions

This work is available under the Creative Commons Attribution 3.0 IGO license (CC BY 3.0 IGO) http:// creativecommons.org/licenses/by/3.0/igo. Under the Creative Commons Attribution license, you are free to copy, distribute, transmit, and adapt this work, including for commercial purposes, under the following conditions: Attribution—Please cite the work as follows: World Bank. 2015. International Debt Statistics 2015. Washington, DC: World Bank. doi: 10.1596/978-1-4648-0413-7. License: Creative Commons Attribution CC BY 3.0 IGO Translations—If you create a translation of this work, please add the following disclaimer along with the attribution: This translation was not created by The World Bank and should not be considered an official World Bank translation. The World Bank shall not be liable for any content or error in this translation. Adaptations—If you create an adaptation of this work, please add the following disclaimer along with the attribution: This is an adaptation of an original work by The World Bank. Views and opinions expressed in the adaptation are the sole responsibility of the author or authors of the adaptation and are not endorsed by The World Bank. Third-party content—The World Bank does not necessarily own each component of the content contained within the work. The World Bank therefore does not warrant that the use of any third-party-owned individual component or part contained in the work will not infringe on the rights of those third parties. The risk of claims resulting from such infringement rests solely with you. If you wish to re-use a component of the work, it is your responsibility to determine whether permission is needed for that re-use and to obtain permission from the copyright owner. Examples of components can include, but are not limited to, tables, figures, or images. All queries on rights and licenses should be addressed to the Publishing and Knowledge Division, The World Bank, 1818 H Street NW, Washington, DC 20433, USA; fax: 202-522-2625; e-mail: pubrights@worldbank.org. ISBN (paper): 978-1-4648-0413-7 ISBN (electronic): 978-1-4648-0414-4 DOI: 10.1596/978-1-4648-0413-7 ISSN (paper): 2310-2667 ISSN (electronic): 2310-2675 Cover design: Jomo Tariku, World Bank Group Cover image by Jomo Tariku, World Bank Group Library of Congress Cataloging-in-Publication Data has been applied for

Table of Contents

Preface

vii

Acknowledgments

User Guide to Tables

User Guide to IDS Online Tables How to Access IDS Online Country Tables Indicators How to Use the Databank

xiii xiii xv xvii

PART I: Overview

Introduction DEBTOR REPORTING SYSTEM Trends in Debt Stocks and Flows, 2013 Aggregate Financial Flows to Developing Countries, 2013 Highlights All Developing Countries East Asia and Pacific Europe and Central Asia Latin America and the Caribbean Middle East and North Africa South Asia Sub-Saharan Africa QUARTERLY EXTERNAL DEBT STATISTICS PUBLIC SECTOR DEBT

3 4 4 5 6 6 8 9 10 11 12 13 14 16

PART II: Aggregate and Country Tables

All Developing Countries East Asia and Pacific Europe and Central Asia Latin America and the Caribbean Middle East and North Africa

21 22 23 24 25

South Asia Sub-Saharan Africa Afghanistan Albania Algeria Angola Argentina Armenia Azerbaijan Bangladesh Belarus Belize Benin Bhutan Bolivia, Plurinational State of Bosnia and Herzegovina Botswana Brazil Bulgaria Burkina Faso Burundi Cabo Verde Cambodia Cameroon Central African Republic Chad China Colombia Comoros Congo, Democratic Republic of Congo, Republic of Costa Rica Côte d’Ivoire Djibouti Dominica Dominican Republic Ecuador Egypt, Arab Republic of

26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63

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El Salvador Eritrea Ethiopia Fiji Gabon Gambia, The Georgia Ghana Grenada Guatemala Guinea Guinea-Bissau Guyana Haiti Honduras Hungary India Indonesia Iran, Islamic Republic of Jamaica Jordan Kazakhstan Kenya Kosovo Kyrgyz Republic Lao People’s Democratic Republic Lebanon Lesotho Liberia Macedonia, FYR Madagascar Malawi Malaysia Maldives Mali Mauritania Mauritius Mexico Moldova Mongolia Montenegro Morocco Mozambique Myanmar Nepal Nicaragua Niger Nigeria Pakistan Panama

64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113

Papua New Guinea Paraguay Peru Philippines Romania 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 Uzbekistan Vanuatu Venezuela, República Bolivariana de Vietnam Yemen, Republic of Zambia Zimbabwe

114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151

APPENDIX: About the Data

153

Data Sources and Methodology Data Sources Methodology External Debt and Its Components Sources of the Macroeconomic Indicators Country Groups Glossary Debt Reporting System (DRS) Quarterly Debt Statistics

155 155 156 158 161 163 165 165 169

Preface

his yearâ&#x20AC;&#x2122;s edition of International Debt Statistics, successor to Global Development Finance and World Debt Tables, and the third in the series, is designed to respond to user demand for timely, comprehensive data on trends in external debt in developing countries. It also provides summary information on the external debt of high-income countries and public (domestic and external) debt for a select group of countries. The World Bankâ&#x20AC;&#x2122;s Debtor Reporting System (DRS), from which the aggregate and country tables presented in this report are drawn, was established in 1951. World Debt Tables, the first publication that included DRS external debt data, appeared in 1973 and gained increased attention during the debt crisis of the 1980s. Since then, the publication and data have undergone numerous revisions and iterations to address the challenges and demands posed by the global economic conditions. Presentation and access to data have been refined to improve the user experience. The printed edition of International Debt Statistics 2015 now provides a summary overview and a select set of

indicators, while an expanded dataset is available online (datatopics.worldbank.org/debt/ids). By providing comprehensive and timely data that reflects the latest additions and revisions, and by expanding the scope of the data available online, we aim to serve the needs of our users and to reach a wider audience. Improvements in data dissemination are matched with ongoing efforts to improve the quality and timeliness of data collection. 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 an established standard code and a set of system links that will enable countries to provide their DRS reports electronically in a seamless and automated data exchange process. As these changes take place, we welcome your feedback and suggestions for further improvements at data@worldbank.org. Haishan Fu 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 management of Neil Fantom, and comprising Peter Bourke, Wendy Huang, Malvina Pollock, Evis Rucaj, Rubena Sukaj, Sun Hwa Song, Rasiel Vellos, Alagiriswamy Venkatesan, and Molly Watts, who worked closely with other teams in DECDG. The team was assisted by Elysee Kiti. The overview of current developments was prepared by Malvina Pollock, Evis Rucaj, and Rasiel Vellos in consultation with the staff of DECDG; country economists reviewed the data tables. The work was carried out under the direction of Haishan Fu. Valuable advice was provided

by the Operations and Strategy unit of the Vice Presidency. The production of this volume was managed by Azita Amjadi. The online database was prepared by Shelley Fu and William Prince. International Debt Statistics electronic products were prepared by a team led by Malarvizhi Veerappan under the supervision of Soong Sup Lee and comprising Rajesh Danda, Jean-Pierre Djomalieu, Ramgopal Erabelly, Shelley Fu, Gytis Kanchas, Ugendran Machakkalai, Nacer Megherbi, and Manish Rathore. The cover was designed by Jomo Tariku. Susan Graham, AndrĂŠs Meneses, and Paola Scalabrin from the Publishing and Knowledge Division of the World Bank coordinated the publication and dissemination of the book.

User Guide to Tables

nternational Debt Statistics 2015 focuses on financial flows, trends in external debt, and other major financial indicators for developing and advanced economies. The report includes more than 200 time series indicators from 1970 to 2013 for most reporting countries. This edition of International Debt Statistics (IDS) has been reconfigured to offer a more condensed presentation of the principal indicators, along with additional tables showcasing Quarterly External Debt Statistics and Public Sector Debt.

Tables Aggregate Tables The aggregate tables are labeled by region name. Data are shown for all developing countries and six regional groups (East Asia and Pacific, Europe and Central Asia, Latin America and the Caribbean, Middle East and North Africa, South Asia, and Sub-Saharan Africa).

Country Tables Country tables are labeled by country name and ordered alphabetically. Data are shown for 124 developing countries that report public and publicly guaranteed external debt to the World Bank’s Debtor Reporting System (DRS). The tables also include key debt ratios and the composition of external debt stocks and flows for each country. Each table shows a time series with the most recent six years, as well as 2000 and 2005 as companion years. Full time series data are available for all countries in the World Bank’s Open Data website (http://data.worldbank.org/data-catalog /international-debt-statistics).

Statistics The general cutoff date for countries to report data for this publication was end-September 2014. The economic aggregates presented in the tables are prepared for the convenience of users. Although debt ratios can give useful information about developments in a 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, which in some cases may be subject to a 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. Notes at the bottom 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 if the reports were not provided by the country; and highlight main issues in the data collection process. Unless otherwise specified, data on long-term public and publicly guaranteed external debt for 2013 are based on reports provided by the country. More detailed information on data sources, methodology, and compilation is provided in the appendix at the back of this book.

Aggregate Measures for Income Groups and Regions Aggregate measures for income groups and regions include the 124 developing countries that report public and publicly guaranteed external debt to the World Bank’s DRS, whenever data are available. The aggregate “All developing countries” is the sum of data for 124 countries.

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Classification of Economies For operational and analytical purposes, the World Bankâ&#x20AC;&#x2122;s main criterion for classifying economies is gross national income (GNI) per capita (calculated by the World Bank Atlas method). Every economy is classified as low income, middle income, or high income. Low- and middle-income countries are sometimes referred to as developing countries. The term is used for convenience; it is not intended to imply that all countries in the group are experiencing similar development or that other economies have reached a preferred or final stage of development. Because GNI per capita changes over time, the country composition of income groups may change from one edition of International Debt Statistics to the next. Once

xii

the classification is fixed for an edition, based on GNI per capita in the most recent year for which data are available, all historical data presented are based on the same country grouping.

Symbols 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.

User Guide to IDS Online Tables

he extended version of country tables that were previously available in the International Debt Statistics print edition is now available online. Using an automated query process, these reference tables will be updated based on the revisions to the International Debt Statistics database. Users can access all the online tables, download the PDF version of the publication, view the report as an eBook on ISSUU, as well as access the database and download the archived editions of the publication by going to http://data.worldbank.org/products/ids.

How to Access IDS Online Country Tables To access the IDS online tables, visit http://datatopics.worldbank.org/debt/ids and select from “Country,” “Region,” or “Topic” options.

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To access a specific country table directly without going through the above landing page, use the URL http://datatopics.worldbank.org/debt/ids/ and the country name (for example, http://datatopics .worldbank.org/debt/ids/country/argentina to view the table for Argentina). Similarly, to view the regional table, click on the â&#x20AC;&#x153;Regionâ&#x20AC;? tab and select one of the listed regions (for example http://datatopics .worldbank.org/debt/ids/region/south-asia to view the table for South Asia).

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Indicators The indicator codes for each of the indicators online and in the publication are listed below. To view a specific indicator online, go to http://data.worldbank.org/indicator/ and add the indicator code at the end of the url; for example, to view a page for total debt stocks, this line should be in your browser: http://data.worldbank.org/indicator/DT.DOD.DECT.CD

1. SUMMARY EXTERNAL DEBT DATA

External debt stocks Long-term external debt

DT.DOD.DECT.CD

External debt flows

DT.DOD.DLXF.CD

Disbursements

DT.DIS.DLTF.CD

Public and publicly guaranteed

DT.DOD.DPPG.CD

Long-term external debt

DT.DIS.DLXF.CD

Private nonguaranteed

DT.DOD.DPNG.CD

IMF purchases

DT.DIS.DIMF.CD

Use of IMF credit

DT.DOD.DIMF.CD

Short-term debt

DT.DOD.DSTC.CD

Long-term external debt

DT.IXA.DPPG.CD

IMF repurchases

interest arrears on long-term

Principal repayments

DT.AMT.DLTF.CD DT.AMT.DLXF.CD DT.AMT.DIMF.CD

Net flows

DT.NFL.DECT.CD

Long-term external debt Memorandum items

DT.NFL.DLXF.CD

Short-term external debt

DT.NFL.DSTC.CD

Principal arrears on long-term

DT.AXA.DPPG.CD

Long-term public sector debt

DT.DOD.DPPG.CD

Long-term external debt

DT.INT.DLXF.CD

Long-term private sector debt

DT.DOD.PRVS.CD

IMF charges

DT.INT.DIMF.CD

Short-term external debt

DT.INT.DSTC.CD

Public & publicly guaranteed commitments DT.COM.DPPG.CD

Interest payments (INT)

2. OTHER NON-DEBT RESOURCE FLOWS

DT.INT.DECT.CD

5. MAJOR ECONOMIC AGGREGATES

Foreign direct investment (net equity inflows) BX.KLT.DINV.CD.WD

Gross national income (GNI)

NY.GNP.MKTP.CD

Portfolio equity flows

Exports of goods, services, and primary income

BX.GSR.TOTL.CD

Personal transfers and compensation of employees

BX.TRF.PWKR.CD.DT

BX.PEF.TOTL.CD.WD

3. CURRENCY COMPOSITION OF PUBLIC AND PUBLICLY GUARANTEED DEBT (%)

Euro

DT.CUR.EURO.ZS

Imports of goods, services, and primary income

Japanese yen

DT.CUR.JYEN.ZS

Primary income on FDI (payments)

BX.KLT.DREM.CD.DT

Pound sterling

DT.CUR.UKPS.ZS

International reserves

FI.RES.TOTL.CD

Swiss franc

DT.CUR.SWFR.ZS

U.S. dollars

DT.CUR.USDL.ZS

BM.GSR.TOTL.CD

6. RATIOS

4. AVERAGE TERMS OF NEW COMMITMENTS

External debt stocks to exports (%)

DT.DOD.DECT.EX.ZS

Interest (%)

DT.INR.OFFT

External debt stocks to GNI (%)

DT.DOD.DECT.GN.ZS

Maturity (years)

DT.MAT.OFFT

Debt service to exports (%)

DT.TDS.DECT.EX.ZS

Grace period (years)

DT.GPA.OFFT

Short-term to external debt stocks (%)

DT.DOD.DSTC.ZS

Official creditors

Private creditors Interest (%)

DT.INR.PRVT

Maturity (years)

DT.MAT.PRVT

Grace period (years)

DT.GPA.PRVT

Multilateral to external debt stocks (%)

DT.DOD.MLAT.ZS

Reserves to external debt stocks (%)

FI.RES.TOTL.DT.ZS

Current account balance

BN.CAB.XOKA.CD

Reserves to imports (months)

FI.RES.TOTL.MO

T A B L E S

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7. LONG-TERM EXTERNAL DEBT

Debt outstanding and disbursed

DT.DOD.DLXF.CD

Interest payments

Public and publicly guaranteed

DT.DOD.DPPG.CD

Public and publicly guaranteed

DT.INT.DPPG.CD

Official creditors

DT.DOD.OFFT.CD

Official creditors

DT.INT.OFFT.CD

Multilateral

DT.DOD.MLAT.CD

of which: IBRD IDA Bilateral

DT.DOD.MIBR.CD

of which: Bonds Commercial banks Private nonguaranteed of which: Bonds

of which: IBRD

DT.DOD.MIDA.CD DT.DOD.BLAT.CD

Private creditors

Multilateral

DT.DOD.PRVT.CD DT.DOD.PBND.CD

DT.DOD.PNGB.CD

DT.INT.MLAT.CD DT.INT.MIBR.CD

IDA

DT.INT.MIDA.CD

Private creditors

DT.INT.PRVT.CD

Bilateral

DT.INT.BLAT.CD

of which: Bonds

DT.DOD.PCBK.CD DT.DOD.DPNG.CD

DT.INT.DLXF.CD

Commercial banks Private nonguaranteed of which: Bonds

DT.INT.PBND.CD DT.INT.PCBK.CD DT.INT.DPNG.CD DT.INT.PNGB.CD

Disbursements

DT.DIS.DLXF.CD

Principal repayments

DT.AMT.DLXF.CD

Public and publicly guaranteed

DT.DIS.DPPG.CD

Public and publicly guaranteed

DT.AMT.DPPG.CD

Official creditors

DT.DIS.OFFT.CD

Official creditors

DT.AMT.OFFT.CD

Multilateral

DT.DIS.MLAT.CD

of which: IBRD IDA Bilateral

DT.DIS.MIBR.CD

of which: Bonds Commercial banks Private nonguaranteed of which: Bonds

of which: IBRD

DT.DIS.MIDA.CD DT.DIS.BLAT.CD

Private creditors

Multilateral

DT.DIS.PRVT.CD DT.DIS.PBND.CD

IDA

DT.AMT.MIDA.CD

Private creditors

DT.AMT.PRVT.CD

Bilateral

DT.DIS.PNGB.CD

DT.AMT.BLAT.CD

of which: Bonds

DT.DIS.PCBK.CD DT.DIS.DPNG.CD

DT.AMT.MLAT.CD DT.AMT.MIBR.CD

Commercial banks Private nonguaranteed of which: Bonds

DT.AMT.PBND.CD DT.AMT.PCBK.CD DT.AMT.DPNG.CD DT.AMT.PNGB.CD

10. CONTRACTUAL OBLIGATIONS ON OUTSTANDING LONG-TERM EXTERNAL DEBT

8. DEBT STOCK-FLOW RECONCILATION

Total change in external debt stocks

DT.DOD.DECT.CD.CG

Net flows on external debt

DT.NFL.DECT.CD

Official creditors Principal

DT.AMT.OFFT.CD

Interest

DT.INT.OFFT.CD

Private creditors

9. DEBT STOCK-FLOW RECONCILATION

Total amount rescheduled

DT.DXR.DPPG.CD

Total amount forgiven

DT.DFR.DPPG.CD

Debt buyback

DT.DSB.DPPG.CD

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Principal

DT.AMT.PRVT.CD

Interest

DT.INT.PRVT.CD

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How to Use the Databank DataBank (http://databank.worldbank.org) is an online web resource that provides simple and quick access to collections of time series data. It has advanced functions for selecting and displaying data, performing customized queries, downloading data, and creating charts and maps. Users can create dynamic, custom reports based on their selection of countries, indicators, and years. All these reports can be easily edited, shared, and embedded as widgets on websites or blogs. For more information, see http://databank .worldbank.org/help.

Actions Click to share the table using either the embed code or the URL Click to edit and revise the table in DataBank Click to export all metadata to Excel Click to export the table to Excel Click to export the table and corresponding indicator metadata to PDF Click to print the table and corresponding indicator metadata Click to access the IDS Online Tables Help file

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T A B L E S

part I Overview

Introduction

nternational Debt Statistics 2015 presents data and analysis on the external debt of developing countries for 2013, based on actual flows and debt-related transactions reported to the World Bank Debtor Reporting System (DRS) by 124 developing countries. International Debt Statistics 2015 provides users with comprehensive stock and flow data on the external debt of individual developing countries and for regional and analytical groupings and data on aggregate net capital flows (debt and equity) in 2013. In addition, International Debt Statistics (IDS) showcases other debt data collected and compiled by the World Bank. These include the high frequency, quarterly data for high-income and developing countries reported to the joint World Bankâ&#x20AC;&#x201D;International Monetary Fund (IMF) Quarterly External Debt Statistics (QEDS) and to the Public Sector Debt (PSD) initiatives. The main messages from the 2013 data are: 1.

2. 3.

Net debt flows to developing countries increased to $542 billion in 2013, an increase of 28 percent over the comparable figure for 2012. However, the aggregates are heavily impacted by the rise in net debt flows to China, which jumped to $139 billion, four times their 2012 level. Net debt flows to developing countries, excluding China, were $403 billion, only 3 percent higher than in 2012. Long-term debt flows from private creditors rose 24 percent in 2013, to $337 billion, because of an increase in medium-term bank financing and another record year for bond issuance. Net equity inflows, at $643 billion, changed little from 2012. Foreign direct investment proved resilient, rising 6 percent in 2013, but gains were offset by a 29 percent fall in portfolio equity flows. Aggregate net financial flows totaled $1,184 billion, 10 percent higher than 2012, and were considered stable when measured relative to developing countriesâ&#x20AC;&#x2122; gross national income (GNI) at 6 percent. External debt burdens in developing countries remained moderate. The ratio of external debt to GNI averaged 23 percent in 2013, and the ratio of external debt to exports averaged 79 percent. International reserves stood at 111 percent of external debt stocks. Countries reporting to the QEDS confirm that external debt levels in high-income countries are, on average, much higher than in developing countries, but they have moderated somewhat in 2013.

DEBTOR REPORTING SYSTEM Trends in Debt Stocks and Flows, 2013 Debt stocks accumulated by 10 percent in 2013 Figure O.1 External Debt Stock of Developing Countries, 2008–13 6,000

US$ (billions)

5,000

Short-term external

4,000

Private nonguaranteed

3,000

Public and publicly guaranteed (including IMF)

2,000 1,000 0 2008

2009

2010

2011

2012

2013

The total debt outstanding to developing countries rose 10 percent in 2013, a similar rate of accumulation to 2012. The combined stock of external debt of developing countries rose from $5 trillion in 2012 to $5.5 trillion at the end of 2013. This reflects net debt inflows of $542 billion, debt forgiveness, and the effect of year-on-year exchange adjustments between local currencies and the U.S. dollar (approximately one-third of developing countries’ debt is denominated in U.S. dollars). Short-term debt stocks rose 14 percent, compared with a 9 percent rise in long-term debt, and accounted for 28 percent of the total outstanding external debt at the end of 2013—up from 26 percent the previous year. Private nonguaranteed debt stocks increased by 11 percent, twice the rate of public and publicly guaranteed debt. The stock of long-term debt at end-2013 was almost evenly divided between publicly guaranteed debt and debt owed to private nonguaranteed borrowers.

Source: World Bank Debtor Reporting System.

Net debt flows surged to a record high Figure O.2 Net Debt Flows to Developing Countries, 2008–13 600

US$ (billions)

500 Short-term 400

Banks and other private long -term

300

Bonds Official creditors (including IMF)

200 100 0 2008 2009 2010 2011 2012 2013

Source: World Bank Debtor Reporting System.

Net debt flows rose to a record high of $542 billion in 2013, 28 percent higher than the comparable figure for 2012. This was driven by a 50 percent increase in net short-term debt flows and a 24 percent rise in long-term debt inflows from private creditors. In contrast, net debt inflows from official creditors fell 32 percent, primarily as a consequence of large repurchases (repayments) by developing countries to the IMF: $24 billion, up 83 percent from their 2012 level. Net debt inflows from other official bilateral and multilateral creditors held steady at $43 billion. Private creditors remained dominant and accounted for 97 percent of net debt flows in 2013. Long-term debt flows from private creditors continued their upward trajectory, rising in 2013 to $337 billion on the back of an increase in medium-term bank financing and another record year for bond issuance by developing country borrowers. The share of short-term debt in total net inflows from private creditors rose to just over one-third in 2013, from approximately 31 percent in 2012.

External debt burdens remain moderate Figure O.3 Key Debt Indicator Trends in Developing Countries, 2000–13 140 120

Percent

100 80 60 40 20

03 20 04 20 05 20 06 20 07 20 08 20 09 20 10 20 11 20 12 20 13

Debt service to exports External debt stocks to exports External debt stocks to GNI Short-term debt to imports

Sources: World Bank Debtor Reporting System and International Monetary Fund.

The majority of developing countries have seen their economies rebound strongly since 2010 with a concomitant improvement in the ratio of outstanding external debt to GNI and to export earnings: an average of 23 percent of GNI and 79 percent of export earnings at end-2013. Risks associated with short-term debt (28 percent of external debt stocks at end-2013) were mitigated by international reserves, which were at 111 percent of external debt stocks for the same period. Short-term debt is primarily trade related; when measured against developing countries’ imports, it was at 21 percent, up only slightly from 2012. Developing countries have also seen significant improvement in their external debt payment servicing capacity over the past decade; a consequence of increased export earnings, debt restructuring, and outright debt relief from official and private creditors, and more recently, attractive borrowing terms in international capital markets. The debt service-to-export ratio averaged 10.5 percent in 2013, a marginal increase over the 10 percent recorded in 2012, but, more importantly, it was below half the 21.1 percent at the start of the decade.

Aggregate Financial Flows to Developing Countries, 2013 Net financial flows rise 10 percent in 2013 propelled by net debt inflows Figure O.4 Net Financial Flows to Developing Countries, Debt and Equity, 2008–13 1,400 1,200 US$ (billions)

International financial flows, debt and equity combined, totaled $1,184 billion in 2013, 11 percent higher than 2012. The increase was driven by the 28 percent rise in net debt flows. Net equity flows held steady at $643 billion, much the same level as 2012, with the 6 percent increase in foreign direct investment offset by the corresponding 29 percent decline in portfolio equity flows. The global trend was dominated by China, which accounted for more than one-third of net financial flows to developing countries in 2013, and where net financial flows rose by 45 percent compared with their level in the previous year. In contrast, other developing countries saw aggregate net financial flows contract by 2 percent in 2013, with net equity flows down 8 percent from their 2012 level. Although net debt flows to developing countries, excluding China, rose by 3 percent, there was a 22 percent contraction in short-term debt flows.

Net shortterm debt flows

1,000 800

Net mediumand long-term debt flows

600

Net equity inflows

400 200 0 2008

2009

2010

2011

2012

2013

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

Foreign direct investment accounts for around half of net financial flows - but the picture is mixed Foreign direct investment proved resilient, accounting for approximately half of net financial inflows in 2013. UNCTAD’s World Investment Report 20141 finds that developing countries were the destination for half of global foreign direct investment in 2013. Investors continue to be attracted by improved business and regulatory environments, growth prospects, and buoyant and expanding domestic markets. Net inflows to all developing countries combined rose 6 percent in 2013, to $574 billion, and close to half of those inflows were directed at China. At the regional and country level, the picture was mixed. Among the top six recipients of net inflows, only Brazil recorded a downturn, and those to Colombia were static. In contrast, Mexico saw net inflows grow 159 percent, to $31 billion, following the $18 billion purchase of Grupo Modele by AB InBev, Belgium. Countries in Europe and Central Asia recorded the sharpest contraction in 2013 (19 percent), while those in South Asia saw the largest (16 percent) increase.

Figure O.5 Net Foreign Direct Investment Inflows to Major Recipients, 2012 and 2013 China Brazil Mexico 2013

India

2012

Indonesia Colombia Other developing countries 0

100 150 200 US$ (billions)

250

300

Source: International Monetary Fund.

Portfolio equity flows remain strong but highly concentrated in a small number of countries The volatility that characterized portfolio equity flows in recent years moderated somewhat in 2013. Although, in aggregate, these flows fell nearly 30 percent from their 2012 level, there had been a sharp drop in 2011 and then a steep rise in 2012 when investors sought emerging markets where growth prospects appeared strong and returns high. This trend broadly continued in 2013, but as always, portfolio equity flows were susceptible to political and economic uncertainty, exemplified by the sharp outflows from Thailand ($6.5 billion) in 2013. Those to Nigeria were also down sharply, although they held up better than expected, given turmoil in the oil sector. Portfolio equity flows benefit only a handful of developing countries and, as with foreign direct investment, China was the destination of choice for half of such inflows in 2013.

Figure O.6 Net Inflow of Portfolio Equity to Major Recipients, 2011–13 China India 2013 2012 2011

Brazil Nigeria Colombia Other developing countries –20

–10

10 20 US$ (billions)

Source: International Monetary Fund.

1. UNCTAD (United Nations Conference on Trade and Development). 2014. World Investment Report 2014- Investing in the SDGs: An Action Plan. New York and Geneva.

Highlights All Developing Countries China inflows dominate the global trend in 2013 Figure O.7 Net Debt Flows for Select Country Groups, 2012 and 2013 600

US$ (billions)

500 400 2012 2013

300 200 100 0 All All developing developing countries countries (excluding China)

Top 10 borrowers

Top 10 borrowers (excluding China)

China, the single largest borrower among developing countries, saw net debt flows grow 300 percent in 2013, largely because of a rise in short-term debt inflows, to $115 billion ($33 billion in 2012), with a near ninefold increase in long-term debt inflows from private creditors. These flows dominated the global trend in 2013 and masked disparate changes in the direction of net debt flows for other developing countries. Collectively, there was only a 3 percent rise in net debt flows in 2013 with a 14 percent increase in long-term debt inflows offset by the sharp (22 percent) contraction in short-term debt flows. Major borrowers fared somewhat better with the top ten borrowers, measured on the basis of external debt outstanding at end-2013, recording a 23 percent rise in net debt flows. However, when China is excluded, debt flows to this group reveal a drop of 6 percent.

Source: World Bank Debtor Reporting System.

Net inflows to IDA-only countries increase and diversify Figure O.8 IDA-only Countries Net Debt Inflows by Creditor Type, 2013 35 30

% share

25 20 15 10 5 0 Bilateral

IDA

Bonds

Banks and other private

Other multilateral

The rise in net financial flows to developing countries is reflected in those directed to 54 countries eligible only for International Development Association (IDA) financing2. In 2013, net financial flows to this group rose 21 percent, almost double the 11 percent increase in comparable flows recorded by other developing countries. Net capital inflows in 2013 totaled $56 billion, about one-half of which were accounted for by debt flows. Debt flows have increased by 40 percent over the past three years, and have become increasingly diversified with private creditors now accounting for 33 percent of long-term debt inflows. While most IDA-only countries continue to remain heavily dependent on official, concessional sources of financing, a number have gained market access and issued bonds in international capital markets. Bilateral lenders are the most important category of creditors but IDA remained the single largest creditor to the group, accounting for almost 20 percent of net long-term debt inflows in 2013.

Source: World Bank Debtor Reporting System.

Private sector external borrowing accounts for the greatest share of net debt flows Figure O.9 Composition of Net External Debt Flows by Type of Borrower, 2008â&#x20AC;&#x201C;13 250

US$ (billions)

200 150 100 50 0 2008

2009

2010

2011

2012

Public and publicly guaranteed Private nonguaranteed bonds Private nonguaranteed banks

2013

The important economic role played by the private sector in developing countries has led to a significant shift in borrowing patterns in recent years and in the composition of external debt stocks and flows. In 2009, in the wake of the global economic crisis, the nonguaranteed external obligations of private sector borrowers to developing countries accounted for only 31 percent of total long-term external debt stocks. At the end of 2013, their share had increased to more than 55 percent. At the same time, there has been an evolution in the composition of these flows, with bond issuance by private sector entities, an increasingly important component of medium-term debt inflows of private nonguaranteed debt, averaging more than 45 percent in the last four years. Although private-sector borrowing is driven by entities in more advanced emerging market countries, all regions have seen private nonguaranteed debt increase as a share of total external debt.

Source: World Bank Debtor Reporting System.

2. There are 59 countries designated as IDA-only, as of July 1, 2014, of which 54 countries report to the DRS (see page 164).

Bond issuance continues apace Figure O.10 Bond Issuance by Public and Private Sector Borrowers, 2012 and 2013 250 US$ (billions)

Bond issuance by public and private entities in developing countries reached a record $233 billion in 2013, excluding the $11 billion mega-bond issue by Petrobras, Brazil3. In 2012, the larger share of bond issuance was by public borrowers, but in 2013, it was private-sector borrowers that were dominant. Their total issuance rose almost 50 percent, to $123 billion, equivalent to 52 percent of total developing country bond issuance in 2013. Corporate borrowers in Latin America and the Caribbean issued $60 billion in 2013, almost one-half of all issuance by corporate borrowers; two-thirds of the amount was attributable to banks and private companies in Mexico, which issued $43 billion in 2013. Bonds issued by public sector borrowers fell 22 percent in 2013, again driven by the Latin American and Caribbean region, which saw a decline of 35 percent.

200

Public borrowers

150 Corporate borrowers

100 50 0 2012

2013

All developing countries

2012

2013

Latin America and the Caribbean

Source: World Bank Debtor Reporting System.

Inflows from bilateral creditors keep official flows steady Figure O.11 Bilateral and Multilateral Net Debt Flows, 2007–13 60 50 40 US$ (billions)

Net debt inflows from official creditors were broadly unchanged in 2013, at $43 billion, excluding the IMF, and divided almost evenly between bilateral and multilateral creditors. However, the evolving trend in recent years shows net inflows from bilateral creditors to be on a strong upward trajectory. This continued in 2013 with net inflows rising nearly 80 percent, to $21 billion, triple their 2011 level. In contrast, net inflows from multilateral creditors fell 25 percent in 2013, with a marked downturn in net inflows from a number of regional development banks. The driving force behind the increased bilateral flows is the lending from one developing country to another. Sub-Saharan Africa accounted for almost 40 percent of net inflows from bilateral creditors in 2013, followed by Middle East and North Africa, at 23 percent, primarily from creditors within the region, notably Kuwait, Saudi Arabia, and the United Arab Emirates.

Multilateral net flow

30 20

Bilateral net flow

10 0 –10 –20 2007 2008 2009 2010 2011 2012 2013

Source: World Bank Debtor Reporting System.

IBRD and IDA dominate inflows from multilateral creditors Figure O.12 Net Multilateral Disbursements from IBRD and IDA, Regional Distribution, 2013 Middle East and North Africa South Asia US$ (billions)

Financing from the World Bank (IBRD and IDA) is the most important source of multilateral financing to developing countries. In 2013, net debt flows from the World Bank rose to $15 billion, more than double the comparable figure for 2011 and equivalent to 67 percent of net inflows from all multilateral institutions, excluding the IMF. While disbursements from most multilateral institutions stagnated or declined in 2013, IBRD and IDA rose 12 percent, to $17 billion, and 26 percent, to $10 billion, respectively. IDA resources are reserved for the world’s poorest countries, many located in Sub-Saharan Africa, which was the destination for more than half of IDA disbursements in 2013. IDA also provided almost 40 percent of multilateral disbursements to South Asia. Disbursements from IBRD were concentrated in creditworthy countries in Latin America and the Caribbean, East Asia and Pacific, and Europe and Central Asia, and accounted for 34 percent, 41 percent, and 34 percent, respectively, of total multilateral disbursements in each region, in 2013.

Other multilateral

Sub-Saharan Africa

IBRD East Asia and Pacific

IDA

Europe and Central Asia Latin America and the Caribbean 0 2 4 6 8 10 12 14 16 18 20

Source: World Bank Debtor Reporting System.

3. The bonds were issued through Petrobras’ Dutch finance subsidiary Petrobras Global Finance PV and are considered to be non-resident, albeit 100 percent guaranteed by Petrobras, and not included in Brazil’s external debt stocks or flows.

East Asia and Pacific China drives net financial flows in the region Figure O.13 Net Capital Flows to East Asia and Pacific Countries, 2007–13 600

US$ (billions)

500 China

400

Other East Asia and Pacific countries

300 200 100 0 2007 2008 2009 2010 2011 2012 2013

Source: World Bank Debtor Reporting System.

In 2013, net financial flows to the region rose 15 percent, to $563 billion, equivalent to 5 percent of the region’s gross national income (GNI), primarily because of the 30 percent increase in net debt flows. Net equity flows rose moderately and were up only 7 percent over their 2012 level. The trend was dominated by China, which accounted for close to 80 percent of all inflows to the region and 52 percent of the combined external debt stock at the end of 2013. China saw net financial flows rise by 45 percent in 2013, to $444 million, of which 69 percent was in the form of equity, and 31 percent constituted net debt flows. In stark contrast, other countries in the region saw net financial flows plummet by 36 percent in 2013, to $119 billion, with net debt flows down by 44 percent, and net equity 18 percent below the 2012 level.

Most countries in the region saw a significant drop in net debt inflows in 2013 Figure O.14 Net Debt Flow To East Asia And Pacific Countries, 2007–13 250

US$ (billions)

200 East Asia and Pacific

150

China

100

Indonesia Malaysia

Thailand

0 –50 2007 2008 2009 2010 2011 2012 2013

Source: World Bank Debtor Reporting System.

Net debt inflows to the region rose 30 percent in 2013, to $210 billion ($162 billion in 2012), driven by a 300 percent jump in those to China, which accounted for 66 percent of net debt flows to the region in 2013. For other major borrowers, Indonesia, Malaysia, and Thailand, it was a very divergent trend, and all three countries recorded a significant decrease in net debt flows in 2013 compared with the previous year. In Thailand, which had the biggest rise (414 percent) in debt inflows to the region from 2011 to 2012, net debt inflows fell 61 percent in 2013; those to Malaysia were only half their 2012 level; and Indonesia recorded a more modest fall at 16 percent. In all three countries, the decline was attributable to a fall in lending by private creditors and a contraction in short-term debt flows. For smaller borrowers, debt inflows were on an upward trajectory, rising 44 percent in Vietnam, 51 percent in the Solomon Islands, and 223 percent in Lao People’s Democratic Republic.

Countries in the region account for twenty four percent of bond issuance by developing countries Figure O.15 Percent Share Bond Issuance in East Asia And Pacific by Country, 2013 60

Percent

50 40 30 20 10

m La

na et

pi ilip Ph

a M

si In

hi C

East Asia and Pacific remained the second highest region in terms of bond issuance in 2013, with a 24 percent share among all developing countries. Drops in bond issuance by Thailand and Malaysia were offset by China, which almost tripled its bond issuance from 2012 to 2013, 82 percent of which was issued by corporate borrowers. Lao PDR came to the market for the first time in 2013, with a 3-year unrated $50 million equivalent baht-denominated note; this is the first Thai baht issuance by a foreign government after the Thai authorities removed restrictions on the requirement that foreign issuers have an investment grade rating. Vietnam issued two bonds in 2013, one by Vingroup (ex-Vincom) for a $200 million 4.5-year senior high-yield note and another government guaranteed 12-year note for $626.8 million.

Source: World Bank Debtor Reporting System.

Europe and Central Asia Sharp increase in 2013 net debt flows Figure O.16 Net Capital Flows to Europe and Central Asia, 2010–13 160 140 US$ (billions)

Net financial flows to the region rose 35 percent in 2013, to $139 billion ($103 billion in 2012), as a consequence of a sharp increase in net debt flows. These net debt flows rose 120 percent over their 2012 level, to $95 billion, and served to offset the 26 percent downturn in net equity flows. Foreign direct investment fell by 19 percent, to $42 billion, and portfolio equity flows dropped to one-quarter of its 2012 level, largely because of the collapse in portfolio equity flows to Turkey. The increase in debt flows were underpinned by a near fivefold rise in long-term borrowing by private nonguaranteed entities, to $58 billion, and a comparable increase in short-term debt inflows to $33 billion. Financing from official creditors was negative, with outflows to the IMF climbing to $23 billion ($13 billion in 2012), reflecting repayment of rescue packages extended in the wake of the 2008 global economic crisis; these repayments primarily came from Hungary ($6.7 billion), Romania ($6.2 billion), and Ukraine ($5.6 billion).

120

Net debt flows

100 80

Net equity inflows

60 40 20 0 2010

2011

2012

2013

Source: World Bank Debtor Reporting System.

Private sector borrowing has accelerated sharply over the past three years Figure O.17 Europe and Central Asia: Net Medium and Long-Term Debt Inflows by Type of Creditor, 2009–13 90 80 70 60 50 40 30 20 10 0 –10 –20

US$ (billions)

The financial crisis that began in the last quarter of 2008 made cross-border borrowing from the private sector a lot more costly in 2009, which caused the official creditors, mainly the multilateral organizations, to lend money to the public sector. The net inflows from official creditors doubled in 2009, reaching $49 billion (from $25 billion in 2008), while the private creditors’ medium- and long-term net inflows went down to $7.7 billion, from $130 billion in 2008. After 4 years, the situation has reversed. Europe and Central Asia’s net medium- and long-term borrowing from foreign private creditors has rapidly increased since 2011, reaching its highest level in 2013 (from –$11.5 billion in 2010 to $80.7 billion in 2013). More than half of those net flows came from borrowing by the commercial banks and other sectors, while the official creditors recorded an outflow of $19 billion. Hungary, Kazakhstan, and Turkey received 81 percent of those net inflows.

Official creditors Private creditors

2009

2010

2011

2012

2013

Source: World Bank Debtor Reporting System.

Equity inflows decline but the picture across the region is mixed

Figure O.18 Foreign Direct Investment Equity inflows, 2012 and 2013 3.0 2.5 US$ (billions)

The share of equity in net financial flows to the region fell significantly in 2013, to 32 percent, compared with almost 60 percent the previous year. Equity flows to the region are heavily concentrated in five countries: Azerbaijan, Kazakhstan, Turkey, Turkmenistan, and Ukraine, which together account for more than 65 percent of foreign direct investment and 95 percent of portfolio equity flows to the region. When the top five recipients are excluded, inflows of foreign direct investment to the region fell by 21 percent in 2013, although some of the smaller economies, notably Albania, Belarus, Bulgaria, and Romania showed growth. Foreign direct investment inflows to these countries increased between 41 percent (Belarus) to as much as 146 percent (Romania, to $2.5 billion). Net foreign direct investment to Albania, at $1.3 billion, reached its highest level ever and was up 1.9 times over the 2012 level. The majority of these flows constituted reinvestment, targeted mainly at the extractive and processing industries.

2.0

2012

1.5

2013 1.0 0.5 0 Albania

Belarus

Bulgaria

Source: World Bank Debtor Reporting System.

Romania

Latin America and the Caribbean Composition of external debt shift in 2013 Figure O.19 Composition of Net Debt Inflows, 2012 and 2013 90 80 US$ (billions)

70 60 50

2012

2013

30 20 10 0 Short-term debt

Long-term debt : official creditors

Long-term debt : commercial banks and other

Long-term debt : bonds

Net debt inflows to the region rose 10 percent in 2013, to $149 billion ($136 billion in 2012), accompanied by some changes in composition. Mediumand long-term net inflows from banks increased, rising by 127 percent over their 2012 level, to $58 billion, offsetting a 17 percent fall in net inflows from bond issuance by public and private entities and a 9 percent contraction in short-term debt inflows. Official creditors account for only a modest share of net debt flows, but these too fell by one-third in 2013, to $8.2 billion. In aggregate, net equity flows held steady with the collapse in portfolio equity flows to Mexico, offset by a doubling of those to Brazil, at $11.6 billion ($5.6 billion in 2012). The 20 percent fall in foreign direct investment to Brazil more than compensated for the tripling of comparable flows into Mexico. Taken together, Brazil and Mexico increased their share of net equity flows to the region to 61 percent (58 percent in 2012).

Source: World Bank Debtor Reporting System.

Equity and private sector borrowing drive financial flows to Mexico Figure O.20 Mexico: Debt and FDI inflows, 2007–13 45 40

US$ (billions)

35 Foreign direct investment

30 25

Public and publicly guaranteed

20 15 10

Private nonguaranteed

5 0 –5 2007 2008 2009 2010 2011 2012 2013

Source: World Bank Debtor Reporting System.

Net financial flows to Mexico totaled $109 billion in 2013, on par with 2012 and equivalent to 38 percent of the comparable flows to countries in Latin America and the Caribbean combined. In contrast to 2012, when net debt flows to public sector borrowers was the most important component of financial flows, 2013 saw high levels of foreign direct investment and debt flows to private sector borrowers. Together they rose 104.2 percent, to $73 billion, more than enough to offset the 42 percent drop in flows to public sector borrowers and a sharp contraction in short-term debt and portfolio equity flows. Foreign direct investment rose by 159 percent, to $31 billion, which made Mexico the third largest developing country recipient in 2013. Net debt inflows to private nonguaranteed borrowers, which have been on a rising trajectory since 2010, jumped by 77 percent in 2013, to $42 billion, equivalent to more than half the total net debt inflows in 2013.

Equity constitutes a significant share of net financial flows

Percent

Figure O.21 Net Financial Flows: Share of Debt and Equity, 2013 100 90 80 70 60 50 40 30 20 10 0

Equity Debt

Brazil

Mexico

Other LAC borrowers

Source: World Bank Debtor Reporting System.

Net financial flows to the region averaged $280 billion per annum in 2012 and 2013, divided roughly equally between debt and equity. Brazil and Mexico combined accounted for 72 percent of these flows in 2013, with inflows to each country at a broadly similar level: $96 billion for Brazil and $109 billion for Mexico. There was, however, a marked difference in the composition flows to each country. In Brazil, the second most important developing country destination after China, equity inflows comprised 55 percent of total inflows in 2013, whereas in Mexico, their share was only 27 percent. For other countries in the region, equity was by far the most important source of financing and made up 67 percent of net financial flows during 2013. This is partially explained by large net debt outflows from República Bolivariana de Venezuela, but it also reflects robust foreign investment across the region, attracted by natural resources, a fast expanding middle class, inter-regional investments, and mega infrastructure projects such as the Panama Canal Expansion Project.

Middle East and North Africa Net financial flows rise due to increase in debt flows Figure O.22 Net Financial Flows, 2007–13 25 20 US$ (billions)

Net financial flows to the region were up 35 percent, to $31 billion in 2013, entirely because of increased net debt inflows, which rose to $16.7 billion, close to double their 2012 level. Net equity inflows, on which the region has been historically more reliant than debt, were at $14.3 billion—virtually unchanged from their 2012 level, although there were some important shifts in country composition. Foreign direct investment inflows to the Islamic Republic of Iran, the region’s primary recipient, fell by one-third in 2013, to $3 billion, while those to Morocco rose by 34 percent, to $3.2 billion. The principal drivers of increased debt flows were lending by official, notably bilateral, creditors; bond issuance by several countries; and, to a lesser degree, a turnaround in short-term debt flows that turned positive in 2013, at $0.4 billion (from an outflow of $1.8 billion in 2012). The combined external debt stock rose by 9 percent, to $191 billion, of which 72 percent constituted public and publicly guaranteed debt.

15 10 5 0 –5 –10 2007

2008

2009

2010

Net equity inflows

2011

2012

2013

Net debt inflows

Source: World Bank Debtor Reporting System.

Net debt inflows to the region rise sharply but are heavily concentrated Figure O.23 Net Debt Inflows by Country, 2011–13 20

15 US$ (billions)

Long-term debt flows to the region increased over the past two years, to $10.2 billion in 2012 (from an outflow in 2011), and then rose by 51 percent in 2013, to $15.4 billion. In parallel, these flows have become increasingly concentrated in the Arab Republic of Egypt, Jordan, and Morocco. Their combined share jumped from 51 percent of long-term debt inflows in 2012 to 98 percent in 2013. The composition of debt flows to each country vary: for Egypt, two-thirds of the inflows in 2013 came from bilateral creditors, notably Kuwait, Saudi Arabia, and the United Arab Emirates, plus the IMF. In contrast, half the net debt flows to Morocco were from multilateral creditors, while the other half were from private creditors. In Jordan, more than one-third of net long-term debt inflows in 2013 reflected tranche release under the IMF Standby Arrangement, and the remainder came primarily through the issuance of U.S. dollar denominated Treasury Bonds and a $1.25 billion 7-year Eurobond with a 100 percent guarantee by the U.S. government.

Egypt, Arab Rep.

Morocco 5

Jordan Other MENA

–5 2011

2012

2013

Source: World Bank Debtor Reporting System.

Debt-to-export ratios are, on average, much lower than in other developing countries

Figure O.24 Debt Ratios for Middle East and North Africa, 2012 and 2013 60 50 40 Percent

The ratios of external debt stock to exports and to GNI for the region averaged 55 percent and 17 percent, respectively, at the end of 2013, up from 41 percent and 14 percent, respectively, in 2012; the increase is attributed to a rise in external debt stock and a contraction in growth and exports. However, debt ratios remain considerably lower than those for other developing countries: 79 percent to exports and 23 percent to GNI at the end of 2013. This level is largely due to the high share of equity in net financial flows in prior years and the robust exports during the past decade. The debt service-to-exports ratio, 5 percent in 2013, was also half that for other developing countries. International reserves were 152 percent of external debt stock at the end of 2013, but the regional aggregate is heavily influenced by Algeria’s high level of reserves ($194 billion) and its very low external debt stock ($5 billion). In contrast, Egypt accounted for 23 percent of the region’s external debt stock at the end of 2013, but its reserves were only 31 percent of outstanding external debt.

2012

2013

20 10 0 Debt to exports

Debt to GNI

Debt service to exports

Source: World Bank Debtor Reporting System.

South Asia Fall in net capital flows due to India Figure O.25 Net Capital Flows by Type, 2007–13 70 60

US$ (billions)

50 Net equity inflows Net debt flows

40 30 20 10

Net capital flows to the region fell 5 percent in 2013 because of a downturn in net debt flows. This downturn was the result of a sharp contraction in short-term debt flows, coupled with a net outflow of $3 billion to holders of Indian bonds (from a $4.5 billion inflow in 2012) and $2.6 billion outflow to the IMF from Pakistan. Outflows were largely offset by a jump in long-term bank lending, directed almost entirely to a wide range of private sector entities in India; long-term bank lending rose to $40 billion, 76 percent over its 2012 level. Net equity inflows at $51 billion were broadly unchanged in aggregate with increased inflows of foreign direct investment offsetting a corresponding downturn in portfolio equity flows. The principle player was India, which accounted for 93 percent of aggregate net capital flows to the region in 2013.

0 2007 2008 2009 2010 2011 2012 2013

Source: World Bank Debtor Reporting System.

Financial flows to the region rise by 39 percent, excluding India Figure O.26 Financial Flows to South Asia, Excluding India, 2013 350 300

% change

250 200 150 100 50 0 –50

rs ito

lo tf

eb O

ffi

e (lo cre ng di te tors rm Pr ) iv at (s e cr ho ed rt ito te rs rm ) Eq ui ty flo w s To ta l fi na n flo cia w l s

–100

Net financial flows to countries in the South Asia region, excluding India, constitute a very small, 7 percent, share of the region’s aggregate flows, but their financing patterns differ from the regional trend. In 2013, net financial flows to this group of countries rose by 39 percent, to $6.3 billion, driven primarily by increased equity inflows. These equity inflows grew by 21 percent, to $4.3 billion, due to increased foreign direct investment flows across the region; in particular, there was a strong showing by Bangladesh, and a sharp rise in Pakistan mainly because of the service (telecom) sector. Despite a $0.7 billion outflow of short-term debt and $2.6 billion net outflow to the IMF from Pakistan, net debt flows doubled to $2.0 billion in 2013, and they accounted for 32 percent of net financial flows. Long-term debt flows were $3.2 billion, little changed from 2012, but with a shift in composition of lending from official sources ($2.5 billion to $1.6 billion) to private sources ($0.4 billion to $1.6 billion).

Source: World Bank Debtor Reporting System.

Debt indicators vary widely across the region Figure O.27 Debt Ratios for South Asia, 2013 250

Percent

200 Debt/GNI

150

Debt/exports 100

Reserves/debt

a nk La

Sr i

ist an

pa Ne

Pa k

di a In

n ta Bh u

sh de

ng Ba

As ia

Source: World Bank Debtor Reporting System.

The ratio of external debt stock to GNI for the region, 23 percent, fell in 2013, and the ratio of external debt stock to exports remained virtually unchanged (97 percent) from 2012. These averages were determined by and closely correlated with India’s debt ratios (23 percent to GNI and 89 percent to exports), given the weight of the Indian economy compared with that of its neighbors. Across the region, however, there was a wide disparity in ratios. The debt-to-export ratio ranged from highs of 215 percent and 185 percent for Bhutan and Pakistan, respectively, to a low of 88 percent in Bangladesh. Bhutan had the highest ratio of debt to GNI, 84 percent, compared with Bangladesh and Nepal, both at 20 percent. The ratio of international reserves to debt, 58 percent for the region as a whole, was also heavily weighted by India (65 percent), but the ratio varies widely from 138 percent for Nepal to as low as 9 percent for Pakistan.

Sub-Saharan Africa Net debt inflows offset by net equity flows Figure O.28 Net Capital Flows for Sub-Saharan Africa, 2007–13

US$ (billions)

Net capital flows to Sub-Saharan Africa stagnated in 2013 with increased net debt inflows offset by a fall in net equity flows, the latter largely because of a steep 44 percent drop in portfolio equity flows to Nigeria. On the debt front, net inflows of long-term debt were up 35 percent over their 2012 level, to $29.5 billon, with official creditors registering close to a 40 percent rise and those from bond issuance tripling to $9 billion. However, these were offset by the fall in medium-term financing from banks and the sharp contraction in short-term debt inflows, which fell to $2.6 billion, around one-third their 2012 level. Overall, net debt flows were up by a moderate 7 percent in 2013. The picture changes radically, however, if South Africa is excluded from the aggregates. With that exclusion, net debt inflows to other countries in the region increased by 63 percent in 2013, to $29 billion ($17.7 billion in 2012). When measured in terms of GNI, net capital flows to the region (excluding South Africa) were 5.9 percent in 2013, down slightly from 2012.

50 45 40 35 30 25 20 15 10 5 0

Net equity inflows Net debt inflows

2007 2008 2009 2010 2011 2012 2013

Source: World Bank Debtor Reporting System.

Long- term debt is rising and its composition is changing Figure O.29 Disbursements to Sub-Saharan Africa, Excluding South Africa, 2007–13 45 40 US$ (billions)

The rapid rise in external borrowing by countries in the region is characterized by a marked change in borrowing patterns and creditor composition. Disbursements of long-term debt, excluding South Africa, increased 51 percent in 2013, triple the comparable rise for other developing countries, to $41 billion. Of this, one-half was accounted for by private creditors. Disbursements from private creditors have not only risen, they have also become more diversified. In 2010, all long-term private debt was attributable to banks and other private creditors, but by 2013 one-third was accounted for by bond issuance. Borrowing patterns have also changed, with two-thirds of disbursements from private creditors now directed to publicly guaranteed private-sector borrowers. Disbursements from official creditors have risen moderately, 35 percent since 2010, but they are also characterized by a change in composition. IDA remains the single largest creditor, but overall, multilateral creditors’ share of official lending had fallen to 43 percent by 2013, with China the main driver for increased bilateral lending.

Bonds (PPG and PNG)

Commercial banks (PPG and PNG)

25 20

Bilateral

Other multilateral

IDA

5 0 2007 2008 2009 2010 2011 2012 2013

Source: World Bank Debtor Reporting System.

Bond issuance booms

Figure O.30 Bond Issuance in Sub-Saharan Africa, Excluding South Africa, 2007–13 8 7 6 US$ (billions)

Historically, bond issuance in Sub-Saharan Africa was largely confined to South Africa, but following Ghana’s debut sovereign issue in 2007, bond issuance by countries in the region, including those that benefited from HIPC and MDRI debt relief, has become a rapidly rising phenomenon. Access to markets has been facilitated by benign global market conditions and the region’s high return potential. Issuance of bonds to the region in 2013, excluding South Africa, totaled $6.9 billion, equivalent to 35 percent of disbursements from official creditors and 19 percent of foreign direct investment inflows to the region. This $6.9 billion included debut issues by Mozambique, Rwanda, and Tanzania. The primary purpose of governments’ international sovereign bonds is infrastructure spending, benchmarking for other government and corporate bond markets (as in the case of Nigeria), and public debt management. For example, Rwanda issued a $400 million, 10-year, 6.875 Eurobond in April 2013, which will finance the construction of a convention center and the repayment of some state-owned RwandAir debt.

5 4 3 2 1 0 2007

2008

2009

2010

2011

Source: World Bank Debtor Reporting System.

2012

2013

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 5

QUARTERLY EXTERNAL DEBT STATISTICS

Table O.1 High-Income Economies, External Debt Stock, 2012 and 2013 Percent share

About the Data In October 2014, the World Bank, in collaboration with the IMF, launched the new Quarterly External Debt Statistics (QEDS) database in line with the classifications and definitions of the 2013 External Debt Statistics: Guide for Compilers and Users (2013 EDS Guide and sixth edition of the Balance of Payments and International Investment Position Manual (BPM6). The QEDS database reflects new concepts and definitions, classifications of external debt data, as well as expanded coverage that enhances the analytical use of the data. The database brings together detailed external debt data of countries that subscribe to the IMF’s Special Data Dissemination Standard (SDDS) and a select number of countries that participate in the IMF’s General Data Dissemination System (GDDS). The benefit of bringing together comparable external debt data is to facilitate macroeconomic analysis and cross-country data comparison.

Trends in the External Debt of High-Income Economies The external debt stock of high-income economies in 2013 was uneven. Compared with 2012, the debt stock varied from a decline of 23 percent in Finland, to the highest increase, 31 percent, in the Czech Republic. The shortterm debt stock remained high, at 41 percent of the total debt. The total external debt stock for high-income economies reporting to the QEDS database rose 2 percent in 2013, to $68 trillion, while the external debt stock of developing countries in the SDDS database during the same time period increased by 1 percent (see Table O.1). The increase in high-income economies’ external debt stock was partly driven by the rise in debt of general government, particularly for Cyprus, the Slovak Republic, Slovenia, and Spain. Contributing to the growth was also a moderate increase in external debt by the private sector with debt by “Other sectors” rising by 6 percent, and “Direct investment: intercompany

4. Excludes countries with offshore liabilities.

2012

Total ($billion) General Government Central Bank Deposit-Taking Corporations, except the Central Bank Other Sectors Direct Investment: Intercompany Lending

2013

66,844 22% 3%

68,448 23% 3%

37% 26% 11%

35% 27% 12%

Source: World Bank Quarterly External Debt Statistics.

lending” by 8 percent. Issuance of bonds by high-income economies rose by 2 percent, to $29.1 trillion, with Iceland and the Slovak Republic issuing the most. During 2013, the external debt situation relative to GDP rose marginally for high-income economies to 142 percent. The three most heavily indebted countries were France, Greece, and Portugal, which had debt-to-GDP ratios above 200 percent 4. On the other hand, the least indebted countries were the Republic of Korea, Israel, and the Russian Federation (each less than 40 percent). During 2013, the largest increase in debt-to-GDP ratio was experienced by the Czech Republic, the Slovak Republic, and Spain, while Finland, Germany, and New Zealand saw their debt-to-GDP ratio decline. The Group of Seven (G7) countries 5 accounted for 64 percent of the total external debt of high-income economies, totaling $43.7 trillion, during 2013 (see table O.2). The G7 countries’ debt stock maintained the 2012 levels, with a slight increase of 0.5 percent. The increase was led by the United States, for which the external debt stock rose by 5 percent in 2013, compared with only 1 percent the previous year. This was followed by Italy and France, which showed external debt stock increases of 4 percent and 3 percent, respectively. Conversely, Japan, Germany, and Canada recorded a reduction in their external debt stock by 7 percent, 5 percent, and 1 percent, respectively.

5. G7 = Group of Seven (Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States).

Table O.2 G7 Countries, External Debt Stock, 2008–13 US$ billions

Canada France Germany Italy Japan United Kingdom United States Total G7 Countries

2008

2009

2010

2011

848 4,881 5,220 2,396 2,231 9,003 13,757 38,335

1,029 5,180 5,245 2,561 2,086 9,005 13,662 38,769

1,144 5,161 5,370 2,445 2,589 9,228 14,516 40,453

1,248 5,223 5,494 2,360 3,115 9,667 15,508 42,615

2012

2013

1,408 5,377 5,775 2,526 3,017 9,727 15,680 43,511

1,390 5,549 5,503 2,629 2,803 9,365 16,488 43,727

Source: World Bank Quarterly External Debt Statistics.

Figure O.31 G7 Counties, External Debt-to-GDP Ratio, 2008–13 450 400 350 300 250 200 150 100 50 0 2008 United Kingdom

2009 France

2010 Germany

2011 Italy

2012 United States

2013 Canada

Japan

Source: World Bank Quarterly External Debt Statistics.

Despite having recorded a large increase in its debt stock, the external debt-to-GDP ratio in the United States increased slightly to 98 percent. Japan’s ratio of external debt-to-GDP ratio rose to 57 percent in 2013 from 51 percent in 2012. In Italy and Canada, the external debt level remained relatively unchanged. Among the G7 countries, Germany had the most significant improvement

in their ratio of external debt to GDP, which fell to 151 percent, from 169 percent in 2012. At 371 percent, the United Kingdom had the highest external debt-to-GDP ratio; nonetheless, for 2013 it shows a decline from the previous year. France’s debt burden was still above 200 percent, but it recorded a slight improvement in its ratio from 2012 (see figure O.31).

D E B T

S T A T I S T I C S

2 0 1 5

PUBLIC SECTOR DEBT About the Data The government and public sector debt data have gained significant attention over the past four years. In 2010, as part of the Open Data Initiative, the World Bank, in partnership with the IMF, mandated by the Inter Agency Group (IAG), launched the online, quarterly, Public Sector Debt database in order to fill the gap between analytical needs and a lack of access to high quality, crosscountry data. A continued emphasis on public sector debt was voiced in the ‘Communiqué of Meeting of G20 Finance Ministers and Central Bank Governors’ on February 16th, 2013, which advocated for “strengthening the public sector balance sheet” and “transparency and comparability of public sector reporting, and monitoring the impact of financial sector vulnerabilities on public debt.” Since the last Task Force on Financial Statistics (TFFS) meeting in March of 2013, the Public Sector Debt Statistics database has experienced a moderate change in membership. Currently 38 developing countries and 35 highincome economies report their data to the Public Sector Debt database.

Trends in 2013 Government debt levels in EU15 economies continued their upward trends in 2013. Despite the programs of fiscal austerity and the new pacts on fiscal discipline, many of the EU15 economies failed to bring their debt down to a more sustainable level. The average government debt-to-GDP ratio rose to 90 percent (87 percent in 2012). The Government of Greece still owes $443 billion even after three years of strict austerity measures, tax policies, and debt cuts of 53 percent (100 billion euro in March 2012). Greece recorded a government debt of 176.3 percent of GDP, followed by Italy (132.6 percent), Portugal (125.2 percent), and Ireland (125.8 percent). Only 4 countries (Denmark, Finland, Luxembourg, and Sweden) recorded debt ratios below the 60 percent debt default. High government debt levels were not restricted to EU15 economies only. Cyprus recorded a government debt of $25.3 billion at the

end of 2013, up from $19.8 billion in 2012, which accounted for 110 percent of GDP at the end of 2013, compared with 84 percent at the end of 2012. This was the highest increase among all 28 EU members and was primarily the result of borrowing from the European Stability Mechanism in 2013 (see Figure O.32). When looking at the countries of the Organisation for Economic Co-operation and Development (OECD) outside the Euro Zone, Japan’s government debt-to-GDP ratio surpassed 200 percent in 2013, while the ratios of the United States and the United Kingdom stood at 94.5 percent and 85.5 percent, respectively. However, unlike the other two countries, 92 percent of the Japanese government debt has been financed by domestic creditors, recording the highest rate of the leading economies. The developing economies accumulated less debt during the crisis. The government debt-toGDP ratios for developing economies in 2013 were more promising than those of high-income economies. Based on the reports to the Public Sector Debt database, the government debt-to-GDP ratio in 2013 ranged from the lowest, 13 percent in Russia, to the highest, 82 percent in Hungary, which was, in most instances, lower than the comparable ratio for 2008. Big economies like Brazil and India saw government debt fall from 55 percent and 68 percent of GDP, respectively, in 2012, to 53 percent and 66.6 percent, respectively, in 2013. Fiscal consolidation in both countries improved the debt burden. Turkey managed to

Figure O.32 Euro Area Government Debt to GDP Percent 190 160 Percent

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

130 100 70 40 10 Greece

Italy

Ireland Portugal Cyprus 2008

2013

Source: World Bank Public Sector Debt Database.

Figure O.33 Domestic currency debt to total central government debt in select economies Percent

Figure O.34 Bonds to government debt Percent 100

100

80 Percent

Percent

80 60 40

60 40 20

0 South Africa

0 Brazil

South Africa 2009

Mexico

Turkey

keep its debt-to-GDP ratio the same as in 2012 (36 percent). The size of domestic debt markets in developing economies continued to grow in 2013. Learning from the financial crisis, the governments in many developing economies expanded domestic credits, which increased the size of domestic debt dramatically. The majority of this debt is in domestic currency, so countries can avoid the risk of exchange rate fluctuation. As of December 2013, the estimated size of local currency debt among developing economies (excluding China with 99 percent) averaged 78 percent of the total debt. This was a 2 percentage point increase since the financial crisis, although Turkey showed a decrease of 2 percentage points (see Figure O.33).

Mexico Hungary Indonesia 2009

2013

Source: World Bank Public Sector Debt Database.

Brazil

2013

Source: World Bank Public Sector Debt Database.

The government debt is mainly financed by long-term debt securities as a safe opportunity of funding the budget deficits. About 99.8 percent of the central government debt of China is financed by long-term bonds. With the new regulation of Parliament, the local government is authorized to issue bonds. This reflects a reform that will further help the government to finance its projects. Excluding China, the bond issuance from governments in the developing economies that report to the Public Sector Debt database averaged 80 percent of the total debt. From 2009 to 2013, Hungary and Indonesia increased their bond ratios by 9 percentage points, Mexico by 6 percentage points, followed by South Africa and Brazil (an average of 2 percentage points each) (see Figure O.34).

part II Aggregate and Country Tables

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

2005

2008

2009

2010

2011

2012

2013

1,964.0 1,633.8 1,183.6 678.4 60.8 505.2 317.0 450.2 81.6 269.4 27.3

2,352.0 1,807.8 1,240.5 678.1 62.8 562.5 404.7 567.3 121.9 481.4 25.5

3,324.9 2,557.9 1,346.6 705.9 48.5 640.7 486.1 1,211.3 174.7 718.4 26.9

3,629.7 2,705.2 1,440.3 778.9 149.3 661.4 508.6 1,264.9 193.4 775.1 26.2

4,109.4 2,909.4 1,561.3 835.3 159.0 725.9 568.0 1,348.1 237.0 1,041.0 21.5

4,571.6 3,194.1 1,638.0 868.1 159.0 769.9 618.8 1,556.1 255.5 1,218.5 18.6

5,032.1 3,540.7 1,823.7 891.3 145.8 932.5 751.1 1,717.0 293.8 1,345.6 21.1

5,506.4 3,854.3 1,956.2 914.5 121.2 1,041.7 818.0 1,898.2 365.5 1,530.8 19.8

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

225.8 135.5 51.1 84.4 55.4 90.4 10.0

340.1 141.4 45.7 95.7 69.5 198.8 32.5

622.6 166.9 74.7 92.2 66.3 455.7 13.8

551.9 197.9 107.3 90.6 67.1 354.0 33.2

645.0 248.0 113.9 134.1 94.6 397.0 66.5

756.0 214.6 92.9 121.7 92.9 541.4 80.3

784.5 272.8 93.0 179.9 140.1 511.6 82.5

930.4 292.4 105.9 186.5 109.9 638.0 122.8

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

200.2 103.4 46.2 57.2 23.6 96.8 14.1

264.6 124.0 50.6 73.3 43.5 140.6 14.0

390.5 130.4 50.2 80.1 55.0 260.2 13.7

422.5 108.0 45.2 62.8 31.5 314.5 15.4

437.5 104.8 46.7 58.0 31.2 332.7 18.5

485.7 125.7 61.1 64.5 33.3 360.0 21.5

471.4 99.4 52.1 47.3 20.6 372.0 26.9

550.9 127.2 62.8 64.4 31.6 423.7 28.8

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

88.7 60.6 24.5 36.1 24.1 28.1 7.2

76.0 55.9 21.4 34.5 28.3 20.2 6.9

105.6 54.6 18.9 35.8 29.4 50.9 10.8

100.4 50.3 16.9 33.4 27.9 50.1 11.0

100.5 50.2 15.8 34.4 30.0 50.3 12.8

119.0 54.9 16.7 38.2 33.8 64.0 18.3

135.6 79.9 18.2 61.7 56.9 55.7 14.4

129.5 64.3 17.9 46.4 41.1 65.2 19.4

164.8 8.1 -2.6 7.4 -7.6 10.7 20.7 27.8 -7.1 -10.0 156.7 142.6 14.1

442.9 124.2 -41.5 3.4 -36.6 165.7 80.4 44.5 36.0 85.3 318.7 253.6 65.1

707.7 267.1 41.1 7.8 16.6 226.0 207.7 11.4 196.3 18.3 440.6 480.5 -39.9

675.4 217.3 93.9 18.3 31.8 123.4 67.3 53.4 13.9 56.1 458.1 345.5 112.6

1,094.8 491.6 80.6 23.0 13.4 410.9 140.3 111.4 28.9 270.6 603.3 479.7 123.6

1,025.6 451.2 32.3 7.0 0.5 418.9 238.6 118.4 119.5 180.3 574.4 571.4 3.0

1,063.1 424.4 27.5 12.4 -13.3 396.9 272.2 175.1 97.1 124.7 638.7 541.5 97.2

1,184.4 541.5 18.6 14.6 -24.5 522.9 336.5 172.3 164.4 186.4 642.8 574.2 68.6

5,512.1 1,540.3 1,638.6 64.2 76.3 579.5

8,695.5 2,906.5 2,954.3 177.2 178.6 1,737.3

15,069.8 5,186.4 5,208.6 333.4 295.7 3,644.6

15,080.6 4,249.9 4,357.2 317.7 280.7 4,277.4

18,270.1 5,302.2 5,531.0 434.8 311.9 4,950.8

21,105.6 6,411.8 6,792.4 513.7 346.8 5,426.5

22,316.3 6,752.9 7,115.7 479.3 352.3 5,680.0

23,698.1 6,968.6 7,445.2 419.9 296.8 6,131.3

127.5 35.6 21.1 13.7 16.2 29.5

80.9 27.0 13.8 20.5 15.5 73.9

64.1 22.1 10.0 21.6 11.9 109.6

85.4 24.1 12.7 21.4 12.4 117.8

77.5 22.5 11.1 25.3 12.2 120.5

71.3 21.7 10.3 26.7 11.4 118.7

74.5 22.5 10.0 26.7 10.8 112.9

79.0 23.2 10.5 27.8 10.4 111.3

Summary external debt data External debt stocks Long-term external debt Public and publicly guaranteed Official creditors Use of IMF credit Private creditors of which: Bonds Private nonguaranteed of which: Bonds Short-term external debt interest arrears on long-term

Long-term external debt

1HW ¿QDQFLDO ÀRZV 1HW LQÀRZV 1HW GHEW LQÀRZV Official creditors of which: World Bank of which: IMF Private creditors Long-term Bonds Banks and other private Short-term 1HW HTXLW\ LQÀRZV Foreign direct investment Portfolio equity

0DMRU HFRQRPLF DJJUHJDWHV Gross national income (GNI) Exports of goods, services & prim. income Imports of goods, services & prim. income Primary income on FDI Personal transfers & comp. of employees International reserves

5DWLRV 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 (%)

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

2005

2008

2009

2010

2011

2012

2013

497.4 418.2 271.0 172.0 17.8 99.0 35.8 147.2 22.1 61.5 5.4

641.5 432.7 277.3 172.8 10.0 104.5 64.9 155.4 26.7 198.9 1.1

815.0 533.4 317.4 193.7 1.7 123.6 91.6 216.1 25.5 279.8 1.2

937.4 564.2 343.7 203.0 20.5 140.7 104.6 220.5 26.9 352.7 1.2

1,136.9 618.4 371.5 210.6 20.4 160.9 122.1 246.9 35.7 498.0 1.3

1,344.3 677.1 370.5 216.2 20.4 154.3 125.6 306.6 53.1 646.8 1.4

1,508.1 760.8 388.7 210.7 20.3 177.9 154.6 372.2 71.9 726.9 1.4

1,673.0 790.1 401.5 198.9 20.3 202.6 172.1 388.6 88.6 862.5 1.1

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

42.2 28.8 15.6 13.1 4.5 13.4 1.1

78.2 28.9 9.0 19.9 14.5 49.3 5.3

93.4 28.3 13.0 15.3 10.8 65.1 0.8

96.1 44.1 16.8 27.4 19.2 51.9 2.9

129.2 51.5 16.9 34.6 20.7 77.7 12.2

143.3 38.2 15.0 23.2 20.0 105.1 15.6

171.6 47.5 15.6 31.9 29.8 124.1 20.3

170.2 52.2 18.3 33.8 22.1 118.0 34.1

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

47.0 22.8 10.3 12.6 1.2 24.2 5.2

66.9 24.4 10.8 13.6 4.3 42.5 2.1

68.3 22.1 13.4 8.7 2.8 46.2 1.5

80.3 25.5 12.9 12.6 5.3 54.8 2.9

74.7 25.1 12.9 12.2 5.1 49.7 1.8

85.9 29.7 15.0 14.7 5.7 56.2 3.6

89.9 23.0 13.9 9.1 1.6 66.9 2.2

96.2 21.4 16.5 4.9 0.4 74.7 3.1

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

20.5 12.9 7.3 5.7 2.3 7.5 1.9

12.6 8.5 4.0 4.5 3.1 4.1 1.3

16.4 10.0 4.7 5.3 4.0 6.4 1.2

14.1 9.4 4.0 5.4 4.4 4.7 1.2

17.1 9.6 3.7 5.9 4.9 7.5 1.3

19.7 10.2 3.8 6.4 5.4 9.5 3.8

18.3 11.1 4.5 6.6 5.7 7.2 3.1

21.7 11.3 4.4 6.8 6.3 10.4 4.6

37.3 -14.5 6.6 1.8 1.2 -21.1 -10.2 -0.7 -9.5 -10.8 51.8 45.2 6.6

189.1 46.7 -3.3 -0.6 -1.6 50.0 13.1 13.4 -0.3 36.9 142.4 117.6 24.9

208.0 27.8 -0.4 1.2 0.0 28.2 25.5 7.2 18.2 2.7 180.2 187.0 -6.8

290.3 88.7 4.0 2.2 0.1 84.7 11.9 13.8 -1.9 72.8 201.6 170.0 31.6

524.8 199.7 4.0 2.7 0.0 195.7 50.5 26.1 24.3 145.2 325.1 284.4 40.7

535.9 206.1 0.0 0.9 0.0 206.1 57.4 26.3 30.3 148.7 329.8 323.1 6.7

491.0 161.7 1.6 1.3 -0.1 160.2 80.0 46.3 33.7 80.1 329.3 291.3 37.9

563.1 209.9 1.8 2.5 -0.1 208.2 72.2 52.7 19.7 136.0 353.1 327.5 25.6

1,688.9 636.1 606.3 31.7 15.8 275.5

3,037.2 1,297.4 1,195.6 80.0 34.3 1,003.8

5,904.6 2,364.3 1,988.5 117.8 59.2 2,265.6

6,338.4 2,015.9 1,768.3 144.5 60.4 2,779.4

7,585.6 2,603.3 2,393.4 212.6 75.8 3,315.6

9,170.6 3,106.2 2,987.8 260.9 85.9 3,708.8

10,227.0 3,368.3 3,196.0 236.4 78.1 3,871.7

11,296.3 3,578.1 3,440.5 229.7 80.7 4,344.1

78.2 29.5 11.4 12.4 13.2 55.4

49.4 21.1 6.6 31.0 10.0 156.5

34.5 13.8 3.8 34.3 9.0 278.0

46.5 14.8 4.9 37.6 8.6 296.5

43.7 15.0 4.7 43.8 7.6 291.6

43.3 14.7 4.5 48.1 6.6 275.9

44.8 14.7 4.3 48.2 6.0 256.7

46.8 14.8 3.3 51.6 5.6 259.7

Long-term external debt

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

2005

2008

2009

2010

2011

2012

2013

234.1 173.6 118.5 44.8 16.5 73.7 40.2 55.1 2.1 44.1 4.0

444.1 319.2 152.0 53.0 26.0 99.0 64.1 167.2 14.0 98.9 0.9

969.5 763.0 204.9 76.9 28.6 128.0 90.1 558.1 47.2 177.9 1.1

1,023.8 797.4 226.0 102.1 58.8 123.9 88.7 571.4 43.2 167.6 1.5

1,061.9 784.4 246.4 117.7 66.8 128.7 95.3 538.0 39.4 210.7 2.2

1,095.1 806.4 260.6 123.7 65.6 136.9 106.2 545.8 31.7 223.1 0.6

1,143.3 859.0 298.3 131.1 52.6 167.2 137.0 560.6 37.2 231.7 2.5

1,234.2 941.3 326.7 136.6 30.0 190.1 162.1 614.6 52.6 262.9 0.9

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

40.3 20.7 6.1 14.7 8.1 19.6 0.5

117.2 20.7 5.3 15.4 11.7 96.5 7.9

317.4 29.3 17.3 12.0 5.7 288.1 4.1

246.3 36.6 28.4 8.2 5.7 209.7 1.0

233.7 43.0 24.2 18.8 14.6 190.7 4.5

281.0 41.0 18.4 22.6 18.6 240.0 4.5

261.0 55.1 15.4 39.7 36.2 205.9 8.5

339.0 50.6 15.2 35.4 31.2 288.5 22.2

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

28.4 12.8 4.8 8.0 3.8 15.5 0.1

73.3 19.2 5.1 14.1 10.1 54.1 1.2

175.1 22.8 5.6 17.2 11.4 152.3 1.6

215.0 17.9 4.8 13.1 8.4 197.1 5.1

226.3 14.9 5.2 9.7 5.6 211.4 6.0

232.1 21.5 10.6 10.9 6.5 210.6 8.4

211.7 18.0 8.8 9.3 5.5 193.7 4.5

254.5 23.7 11.3 12.4 7.0 230.8 7.6

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

9.3 6.5 1.8 4.6 2.9 2.8 0.2

13.5 7.6 1.7 5.8 4.1 5.9 1.0

31.7 9.6 2.6 7.0 5.0 22.1 2.9

32.8 8.9 2.5 6.4 4.9 23.9 2.9

28.5 8.4 2.3 6.1 4.8 20.1 2.6

35.5 9.8 3.0 6.8 5.6 25.7 2.6

27.9 10.4 3.1 7.4 6.2 17.4 1.9

30.6 11.2 2.7 8.5 7.5 19.5 2.2

31.3 21.5 3.7 1.6 2.4 17.9 10.7 4.7 6.0 7.2 9.8 9.1 0.7

104.0 58.6 -6.1 -0.1 -6.4 64.7 43.7 8.4 35.3 21.0 45.4 38.8 6.6

265.6 160.9 24.6 1.2 12.8 136.3 130.6 -3.2 133.9 5.7 104.8 105.2 -0.4

80.5 46.0 49.0 3.4 25.5 -3.0 7.7 -6.8 14.4 -10.7 34.5 30.8 3.7

99.7 58.7 27.9 3.9 9.0 30.8 -11.5 7.5 -19.0 42.3 41.0 37.2 3.8

106.8 61.9 6.8 2.9 -1.0 55.2 41.2 8.2 32.9 14.0 44.8 45.5 -0.7

102.8 43.1 -6.3 2.0 -13.0 49.4 42.6 34.7 7.9 6.8 59.7 51.6 8.1

138.9 94.8 -18.6 2.1 -22.5 113.4 80.7 38.8 41.9 32.7 44.1 41.9 2.2

468.3 163.3 191.5 2.0 7.9 46.2

984.0 364.4 428.1 18.2 19.7 137.9

1,699.0 720.6 853.1 57.7 41.5 242.7

1,417.9 545.2 605.9 44.2 33.2 261.6

1,602.7 624.6 705.6 52.6 32.9 283.4

1,781.7 769.3 875.8 61.7 37.5 290.7

1,814.1 788.5 876.4 59.7 38.5 299.7

1,931.4 804.6 909.5 62.2 31.8 314.7

143.4 50.0 26.1 18.8 9.7 19.7

121.9 45.1 27.6 22.3 7.6 31.1

134.5 57.1 30.1 18.4 5.5 25.0

187.8 72.2 46.7 16.4 7.4 25.6

170.0 66.3 42.5 19.8 8.4 26.7

142.3 61.5 36.3 20.4 8.6 26.5

145.0 63.0 33.3 20.3 9.0 26.2

153.4 63.9 39.6 21.3 8.8 25.5

Long-term external debt

Net financial flows Net inflows Net debt inflows Official creditors of which: World Bank of which: IMF Private creditors Long-term Bonds Banks and other private Short-term Net equity inflows Foreign direct investment Portfolio equity

Major economic aggregates Gross national income (GNI) Exports of goods, services & prim. income Imports of goods, services & prim. income Primary income on FDI Personal transfers & comp. of employees International reserves

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 (%)

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

2005

2008

2009

2010

2011

2012

2013

714.3 600.8 385.3 135.9 11.1 249.4 213.6 215.5 53.7 102.4 1.7

697.0 572.6 405.0 129.8 13.4 275.2 235.9 167.6 70.4 111.0 8.8

849.3 713.4 422.2 126.8 3.6 295.5 254.7 291.2 77.5 132.3 10.9

895.9 744.8 437.9 144.5 23.0 293.5 256.0 306.9 98.0 128.1 11.6

1,061.8 850.7 478.0 166.2 23.6 311.8 270.9 372.7 139.1 187.5 6.3

1,206.1 996.4 509.4 169.8 23.8 339.6 298.3 487.0 146.0 186.0 7.0

1,350.2 1,122.3 579.1 181.4 23.7 397.8 341.9 543.1 161.0 204.2 7.1

1,495.4 1,250.8 632.5 187.9 23.5 444.6 359.2 618.3 199.6 221.1 7.4

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

110.4 57.1 15.8 41.4 34.4 53.3 7.6

92.5 55.2 12.3 42.9 36.8 37.2 15.3

139.8 61.8 18.7 43.1 36.1 78.0 8.3

139.6 69.5 29.9 39.6 34.9 70.1 26.4

187.3 87.6 34.9 52.6 39.7 99.7 47.4

227.9 75.9 22.7 53.2 42.7 152.0 55.1

234.7 100.3 24.6 75.7 54.1 134.4 49.4

263.3 104.5 24.4 80.1 35.4 158.8 60.0

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

96.3 41.5 16.5 25.1 17.2 54.8 8.8

76.3 40.7 15.9 24.9 17.6 35.6 10.4

92.2 46.0 12.3 33.7 27.3 46.2 8.1

89.4 37.0 13.1 23.9 13.4 52.4 5.6

91.6 39.1 13.6 25.5 17.6 52.5 7.3

114.3 44.4 18.1 26.3 16.2 69.9 6.6

116.8 29.2 12.4 16.8 8.7 87.6 14.9

130.7 44.7 16.0 28.7 14.5 86.0 14.9

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

45.5 29.2 8.2 21.0 17.8 16.3 4.7

32.2 23.9 5.3 18.6 17.0 8.3 4.2

41.0 24.1 5.3 18.8 17.4 16.9 5.8

38.8 22.2 4.7 17.5 15.6 16.6 6.2

40.1 22.4 4.5 17.9 16.7 17.7 7.9

47.0 24.6 4.6 20.0 18.6 22.4 10.3

69.3 46.4 4.7 41.7 40.1 22.9 8.0

55.5 29.2 4.9 24.3 22.2 26.3 11.4

72.2 -1.5 -11.4 2.0 -10.7 9.9 14.8 16.1 -1.3 -4.9 73.7 73.8 -0.1

79.2 9.6 -31.0 -0.6 -27.4 40.6 19.7 24.1 -4.4 20.8 69.5 58.9 10.6

124.5 49.7 6.4 2.5 0.0 43.2 41.2 9.0 32.2 2.1 74.8 86.4 -11.6

145.6 45.6 17.2 6.2 0.4 28.4 33.3 42.2 -8.9 -4.9 100.0 58.8 41.2

289.9 161.7 22.6 8.3 1.3 139.1 74.4 62.3 12.1 64.7 128.2 89.0 39.3

227.4 111.6 4.9 -2.9 0.2 106.8 109.0 75.0 34.0 -2.2 115.8 112.9 2.9

274.6 135.8 12.1 3.6 -0.1 123.7 105.6 80.0 25.7 18.1 138.8 119.3 19.5

285.4 148.9 8.2 3.2 -0.2 140.7 124.2 66.0 58.3 16.5 136.5 123.3 13.2

2,035.3 413.6 481.2 20.1 20.1 136.0

2,478.5 599.7 622.5 43.2 48.7 228.0

4,062.0 944.7 1,047.1 79.2 62.7 455.8

3,806.7 741.3 830.0 65.2 55.1 502.1

4,734.0 921.9 1,046.4 79.8 56.2 583.5

5,292.1 1,137.7 1,274.3 97.3 59.6 671.4

5,283.5 1,166.2 1,321.3 95.2 58.6 727.2

5,455.2 1,175.6 1,379.7 83.0 54.9 729.3

172.7 35.1 39.5 14.3 12.6 19.0

116.2 28.1 23.9 15.9 14.3 32.7

89.9 20.9 14.5 15.6 11.5 53.7

120.9 23.5 17.6 14.3 12.4 56.0

115.2 22.4 14.9 17.7 12.0 55.0

106.0 22.8 14.7 15.4 10.7 55.7

115.8 25.6 16.5 15.1 10.1 53.9

127.2 27.4 16.5 14.8 9.4 48.8

Long-term external debt

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

2005

2008

2009

2010

2011

2012

2013

143.8 116.5 112.5 88.1 3.5 24.4 7.3 4.0 0.8 23.9 2.6

150.6 122.2 115.4 77.7 1.6 37.7 21.5 6.8 1.0 26.8 0.3

148.7 117.7 110.3 74.8 1.3 35.6 23.6 7.4 0.5 29.6 0.3

160.6 119.5 112.6 78.3 8.3 34.3 23.5 6.9 0.7 32.8 0.3

168.1 121.9 114.0 78.1 8.3 35.9 26.6 7.9 0.5 37.8 0.3

164.0 120.6 112.5 78.5 8.2 34.0 25.9 8.0 0.5 35.2 0.4

172.9 130.7 121.3 82.4 8.6 38.8 31.5 9.5 0.7 33.5 0.5

190.6 147.1 136.8 90.5 9.5 46.3 39.1 10.2 0.7 34.0 0.6

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

9.2 7.9 3.4 4.5 2.0 1.3 0.1

14.9 13.0 5.5 7.5 4.1 1.9 0.5

12.0 9.7 6.3 3.3 2.3 2.3 0.0

13.6 12.0 8.2 3.9 2.9 1.6 0.2

14.8 13.5 7.2 6.2 5.5 1.4 0.0

13.5 12.0 7.6 4.5 4.0 1.5 0.0

21.8 18.9 10.4 8.5 8.3 2.9 0.5

27.3 23.8 13.8 10.0 9.5 3.5 0.0

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

10.6 10.4 5.9 4.5 0.8 0.2 0.1

14.2 13.3 7.9 5.5 1.9 0.8 0.3

16.2 14.2 8.0 6.2 3.0 2.0 0.1

13.2 11.0 5.6 5.4 3.0 2.3 0.0

12.2 10.3 6.0 4.4 2.2 1.8 0.2

14.0 12.7 6.5 6.1 4.6 1.3 0.0

11.6 9.6 6.2 3.4 2.6 2.0 0.3

11.9 9.0 6.4 2.6 1.7 2.9 0.0

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

4.9 4.7 3.1 1.6 0.5 0.2 0.1

4.7 4.5 2.5 2.0 1.3 0.3 0.1

4.8 4.5 2.2 2.3 1.6 0.3 0.0

4.4 4.1 2.0 2.1 1.7 0.3 0.0

4.3 4.0 2.1 1.9 1.6 0.3 0.1

4.3 4.0 1.9 2.1 1.8 0.2 0.0

4.0 3.8 1.9 1.9 1.7 0.2 0.0

4.3 4.0 1.8 2.2 2.0 0.3 0.0

4.8 0.8 -2.7 -0.3 -0.2 3.5 1.1 1.3 -0.2 2.4 4.0 3.7 0.3

13.5 0.5 -3.1 0.0 -0.7 3.7 3.1 2.5 0.6 0.6 12.9 10.5 2.4

13.1 -6.2 -1.7 -0.3 -0.1 -4.4 -2.5 -0.8 -1.7 -1.9 19.2 18.8 0.4

25.4 3.4 2.5 0.9 -0.1 0.9 -2.1 0.1 -2.2 3.1 22.0 20.8 1.2

27.1 7.7 1.3 0.8 0.0 6.4 1.4 3.2 -1.8 5.0 19.5 17.5 2.0

11.3 -3.1 1.0 0.9 -0.1 -4.1 -1.5 -0.6 -0.8 -2.6 14.4 15.0 -0.6

23.0 8.8 4.7 0.8 0.5 4.2 6.0 5.8 0.1 -1.8 14.1 15.4 -1.3

31.0 16.7 8.3 1.1 0.9 8.4 8.0 7.8 0.2 0.4 14.3 14.0 0.3

364.8 119.3 110.5 1.7 10.5 44.1

543.9 206.9 206.7 10.7 21.7 138.2

930.7 379.2 361.1 13.4 32.2 260.6

920.4 314.7 341.3 14.0 30.2 280.5

1,042.6 328.8 362.2 17.5 35.9 298.5

1,206.1 382.7 400.9 18.1 36.8 274.6

1,269.2 419.3 419.3 19.0 42.0 279.2

1,163.5 345.3 402.4 5.2 16.2 289.7

120.6 39.4 14.2 16.6 16.1 30.7

72.8 27.7 10.2 17.8 17.3 91.8

39.2 16.0 5.8 19.9 21.0 175.2

51.0 17.4 5.8 20.4 21.8 174.7

51.1 16.1 5.2 22.5 21.6 177.6

42.8 13.6 4.9 21.5 23.3 167.5

41.2 13.6 3.9 19.4 23.8 161.5

55.2 16.4 4.9 17.9 23.6 152.0

Long-term external debt

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

2005

2008

2009

2010

2011

2012

2013

162.4 153.1 134.5 101.9 3.2 32.7 10.9 18.5 1.6 6.1 0.1

190.1 174.6 116.5 109.8 3.7 6.7 2.5 58.0 6.5 11.9 0.0

322.7 266.3 156.3 138.0 6.9 18.3 7.7 110.1 15.7 49.5 0.0

361.5 292.3 169.6 145.9 18.7 23.7 12.7 122.6 16.2 50.5 0.0

407.3 324.3 190.0 157.4 20.3 32.7 18.3 134.3 13.5 62.7 0.1

458.7 353.5 203.8 165.9 20.3 37.9 21.1 149.7 11.1 84.8 0.2

514.5 397.5 231.6 167.6 18.8 64.0 29.1 165.9 8.1 98.3 0.2

545.7 433.4 230.5 167.2 16.0 63.3 26.8 202.8 8.3 96.3 0.1

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

14.0 13.4 6.1 7.3 5.5 0.6 0.0

24.4 11.0 7.4 3.6 2.3 13.5 3.5

45.7 24.7 11.3 13.4 11.5 21.0 0.6

35.2 17.8 12.7 5.1 2.3 17.4 2.5

54.7 31.9 14.9 17.0 12.1 22.8 1.3

51.9 21.8 13.7 8.1 3.0 30.1 0.7

58.4 25.7 12.4 13.3 8.5 32.7 0.7

80.5 22.4 13.5 8.9 3.3 58.0 1.3

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

9.3 8.6 5.4 3.3 0.1 0.7 0.0

21.8 14.5 4.5 10.0 8.6 7.3 0.1

27.1 16.3 5.6 10.7 9.5 10.8 0.9

15.2 8.7 5.4 3.3 1.1 6.4 1.8

23.7 8.9 6.0 2.8 0.7 14.9 2.5

26.0 10.2 7.1 3.0 0.2 15.8 2.8

25.2 10.1 6.9 3.2 0.5 15.2 3.7

36.8 17.1 7.9 9.2 5.6 19.7 1.1

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

5.3 4.4 2.3 2.1 0.2 0.9 0.2

5.2 3.9 1.9 2.0 1.8 1.3 0.2

7.3 2.9 2.3 0.6 0.3 4.4 0.3

6.5 2.7 2.2 0.5 0.3 3.8 0.3

6.4 2.7 2.0 0.7 0.2 3.7 0.5

7.8 2.7 2.1 0.6 0.3 5.1 0.9

9.8 3.4 2.5 0.8 0.4 6.4 0.5

10.6 3.1 2.2 1.0 0.5 7.4 0.5

10.3 3.5 0.5 0.7 -0.3 3.0 3.9 5.4 -1.5 -0.9 6.9 4.4 2.5

28.1 5.0 2.9 2.3 0.0 2.0 -0.2 -2.8 2.6 2.3 23.1 10.7 12.4

63.6 29.6 8.9 1.4 3.2 20.7 12.9 1.7 11.2 7.9 34.0 49.9 -15.9

86.7 24.7 10.9 2.4 3.6 13.8 12.7 1.9 10.9 1.0 61.9 37.8 24.2

105.6 45.0 10.8 3.3 2.0 34.2 22.1 10.1 12.0 12.1 60.6 30.8 29.8

81.5 48.0 6.6 2.0 0.0 41.4 19.3 0.7 18.6 22.0 33.5 37.6 -4.1

94.5 45.0 4.0 0.9 -1.5 41.0 27.6 5.0 22.7 13.4 49.5 26.2 23.4

89.9 39.1 2.9 0.7 -2.8 36.2 38.0 -2.0 40.0 -1.8 50.9 30.3 20.5

618.5 88.8 117.6 0.7 17.2 43.3

1,043.8 202.2 260.5 8.0 34.2 149.5

1,542.4 381.2 511.2 17.0 72.0 268.7

1,697.2 330.1 440.6 16.4 75.1 298.8

2,068.5 429.3 577.9 25.8 82.4 315.4

2,308.4 539.7 717.3 28.0 97.4 310.6

2,302.7 536.0 753.2 21.3 108.3 310.8

2,355.9 565.4 740.6 18.2 110.4 318.9

182.9 26.3 17.5 3.7 37.6 26.7

94.0 18.2 13.7 6.2 36.6 78.7

84.7 20.9 9.6 15.3 27.6 83.3

109.5 21.3 6.9 14.0 26.3 82.7

94.9 19.7 7.3 15.4 25.0 77.4

85.0 19.9 6.6 18.5 23.3 67.7

96.0 22.3 7.3 19.1 21.2 60.4

96.5 23.2 9.4 17.7 20.0 58.4

Long-term external debt

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

2005

2008

2009

2010

2011

2012

2013

212.0 171.7 161.8 135.7 8.7 26.1 9.1 9.9 1.4 31.5 13.6

228.7 186.6 174.2 134.9 8.1 39.3 15.8 12.3 3.2 34.0 14.2

219.7 164.0 135.5 95.7 6.3 39.8 18.5 28.5 8.3 49.3 13.5

250.5 187.1 150.4 105.1 20.0 45.3 23.1 36.7 8.5 43.4 11.5

273.4 209.5 161.2 105.3 19.5 55.9 34.8 48.3 8.8 44.4 11.2

303.4 240.1 181.2 114.0 20.8 67.2 41.8 58.9 13.1 42.5 9.0

343.1 270.4 204.7 118.0 21.7 86.7 57.1 65.7 15.0 51.0 9.4

367.5 291.6 228.1 133.3 22.0 94.8 58.7 63.5 15.7 53.9 9.8

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

9.6 7.5 4.1 3.4 0.8 2.1 0.7

12.9 12.6 6.2 6.4 0.0 0.3 0.0

14.4 13.1 8.1 5.1 0.0 1.2 0.0

21.1 17.9 11.4 6.5 2.2 3.2 0.2

25.2 20.6 15.8 4.8 2.0 4.6 1.1

38.3 25.6 15.4 10.2 4.5 12.7 4.4

37.1 25.4 14.6 10.7 3.3 11.8 3.2

50.1 38.8 20.6 18.2 8.4 11.3 5.1

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

8.5 7.2 3.4 3.7 0.5 1.4 0.0

12.2 11.8 6.6 5.2 1.1 0.4 0.0

11.6 8.9 5.4 3.5 0.9 2.7 1.5

9.3 7.9 3.3 4.6 0.3 1.4 0.0

8.9 6.5 3.0 3.5 0.0 2.5 0.8

13.4 7.2 3.8 3.5 0.1 6.1 0.0

16.1 9.6 4.0 5.6 1.7 6.5 1.3

20.9 11.3 4.8 6.5 2.4 9.6 2.1

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

3.3 2.9 1.8 1.1 0.6 0.4 0.0

7.8 7.4 5.9 1.5 0.9 0.4 0.2

4.4 3.5 1.8 1.7 1.0 0.9 0.5

3.9 3.1 1.5 1.5 1.1 0.8 0.4

4.0 3.0 1.1 1.9 1.7 0.9 0.5

4.8 3.6 1.2 2.4 2.1 1.2 0.7

6.4 4.9 1.6 3.3 2.7 1.5 0.8

6.9 5.5 1.9 3.7 2.8 1.3 0.7

8.9 -1.7 0.8 1.5 0.1 -2.5 0.4 1.0 -0.6 -2.9 10.6 6.5 4.2

29.1 3.9 -0.9 2.4 -0.4 4.7 1.1 -1.1 2.2 3.6 25.3 17.1 8.2

32.9 5.4 3.4 1.9 0.7 2.0 0.1 -2.4 2.5 1.9 27.5 33.2 -5.6

46.8 8.7 10.2 3.1 2.2 -1.5 3.8 2.1 1.7 -5.3 38.1 27.3 10.8

47.7 18.8 14.0 4.0 1.2 4.8 3.5 2.3 1.2 1.3 28.9 20.7 8.2

62.8 26.7 13.0 3.2 1.4 13.6 13.3 8.8 4.5 0.4 36.1 37.2 -1.1

77.2 29.9 11.6 3.9 0.9 18.3 10.4 3.4 6.9 8.0 47.3 37.7 9.6

76.0 32.1 16.1 5.0 0.2 16.0 13.4 9.0 4.4 2.6 43.9 37.2 6.7

335.2 114.8 118.7 8.0 4.8 34.3

607.9 238.1 241.9 17.2 20.0 79.9

933.4 401.6 455.9 48.3 28.0 151.3

903.4 303.8 376.4 33.5 26.8 154.9

1,223.6 395.5 449.7 46.6 28.7 154.5

1,369.1 476.9 538.1 47.7 29.6 170.4

1,440.8 472.7 549.4 47.7 26.9 191.4

1,510.5 468.2 554.5 21.5 2.9 134.5

184.6 63.2 11.8 14.9 25.7 16.2

96.0 37.6 9.1 14.9 31.7 34.9

54.7 23.5 4.5 22.5 22.9 68.9

82.5 27.7 4.8 17.3 21.9 61.8

69.1 22.3 3.5 16.2 21.4 56.5

63.6 22.2 4.0 14.0 20.7 56.2

72.6 23.8 5.0 14.9 19.3 55.8

78.5 24.3 6.3 14.7 20.1 36.6

Long-term external debt

AFGHANISTAN (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

.. .. .. .. ..

2,134 1,985 17 17 131

2,470 2,097 20 20 353

2,423 1,966 102 67 355

2,627 2,023 232 210 373

2,709 2,071 250 219 388

2,577 2,097 104 85 376

Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

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

1,985 1,985 1,985 0 0 .. ..

2,097 2,097 2,097 0 0 .. ..

1,966 1,966 1,966 0 0 .. ..

2,023 2,023 2,023 0 0 .. ..

2,071 2,071 2,071 0 0 .. ..

2,097 2,097 2,097 0 0 .. ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

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

96 96 96 0 0 .. ..

109 109 109 0 0 .. ..

76 76 76 0 0 .. ..

62 62 62 0 0 .. ..

52 52 52 0 0 .. ..

36 36 36 0 0 .. ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

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

1 1 1 0 0 .. ..

3 3 3 0 0 .. ..

1 1 1 0 0 .. ..

4 4 4 0 0 .. ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

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

6 6 6 0 0 .. ..

7 7 7 0 0 .. ..

9 9 9 0 0 .. ..

8 8 8 0 0 .. ..

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

131 131 .. .. .. .. ..

123 123 .. .. .. .. ..

84 84 .. .. .. .. ..

67 80 -13 .. .. .. -13

75 66 9 .. .. .. 9

7 19 -12 .. .. .. -12

.. ..

87 -1

214 ..

76 0

91 0

94 2

69 ..

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

10,234 1,935 3,752 0 104 2,431

12,541 2,546 4,467 0 152 3,501

15,999 3,920 6,840 0 331 4,174

17,953 4,300 8,204 0 247 5,268

20,608 4,238 11,885 2 385 5,983

20,866 .. .. .. .. 6,442

.. .. .. ..

110.3 20.9 0.4 113.9

97.0 19.7 0.4 141.8

61.8 15.1 0.3 172.3

61.1 14.6 0.3 200.5

63.9 13.1 0.3 220.9

.. 12.3 .. 250.0

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

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 HIPC and MDRI debt relief.

ALBANIA (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

1,122 937 37 3 148

2,101 1,788 155 1 158

4,238 2,936 1,150 0 152

4,310 3,485 681 0 144

5,201 4,328 743 0 129

6,228 5,019 1,092 0 117

6,926 5,349 1,470 0 107

7,776 6,048 1,632 0 97

Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

937 921 895 26 0 16 ..

1,788 1,375 1,343 32 0 413 ..

2,936 2,298 1,868 431 79 638 ..

3,485 2,602 2,122 480 82 884 ..

4,328 3,043 2,151 893 477 1,285 ..

5,019 3,287 2,289 997 556 1,732 ..

5,349 3,552 2,504 1,049 567 1,796 ..

6,048 3,760 2,657 1,103 593 2,288 ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

119 119 119 0 0 .. ..

489 119 119 0 0 370 ..

870 650 210 440 84 220 ..

457 291 256 34 0 167 ..

820 631 184 447 398 189 ..

755 418 274 144 101 336 ..

537 336 302 34 0 202 ..

623 245 235 9 0 378 ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

9 9 8 1 0 .. ..

41 40 39 1 0 1 ..

74 58 56 1 0 17 ..

112 80 78 2 0 32 ..

127 89 86 3 0 38 ..

143 102 99 3 0 41 ..

161 108 105 3 0 53 ..

319 124 122 2 0 195 ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

8 7 7 0 0 1 ..

25 23 23 0 0 1 ..

48 44 35 9 0 5 ..

58 50 35 14 2 8 ..

47 39 31 7 1 8 ..

85 77 36 41 32 8 ..

84 74 37 38 30 9 ..

80 72 36 36 31 8 ..

130 122 7 -1 -1 .. 8

605 83 522 368 -1 369 154

1,428 146 1,283 642 439 203 640

-134 168 -302 167 33 134 -469

744 85 658 596 444 151 63

948 163 785 437 141 295 349

745 187 558 180 31 149 378

455 103 352 190 7 183 162

143 ..

262 ..

881 23

1,038 -4

1,052 7

813 23

714 18

1,348 2

3,790 819 1,509 0 598 616

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

12,946 3,751 7,149 301 1,495 2,320

11,853 3,439 6,598 448 1,318 2,314

11,808 3,704 6,280 381 1,156 2,470

12,855 4,078 7,010 140 1,126 2,394

12,253 3,800 6,189 169 1,027 2,516

12,940 4,067 6,365 174 804 2,712

137.0 29.6 3.7 54.9

124.5 24.6 4.8 66.8

113.0 32.7 4.5 54.7

125.3 36.4 5.7 53.7

140.4 44.0 5.2 47.5

152.7 48.4 5.9 38.4

182.3 56.5 6.7 36.3

191.2 60.1 10.1 34.9

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

Notes: Long-term private nonguaranteed debt data for 2013 are World Bank staff estimates based on reports provided by the country.

ALGERIA (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

25,477 23,369 222 0 1,886

17,092 16,393 516 0 184

6,246 4,745 1,304 0 198

7,405 4,035 1,492 0 1,878

7,246 3,623 1,778 0 1,845

6,045 3,064 1,142 0 1,840

5,495 2,449 1,205 0 1,842

5,231 2,058 1,328 0 1,845

23,369 23,369 17,518 5,851 0 .. ..

16,393 15,527 12,500 3,027 0 866 ..

4,745 3,301 2,127 1,174 0 1,444 ..

4,035 3,053 2,092 961 0 982 ..

3,623 2,655 1,889 766 0 968 ..

3,064 2,246 1,643 603 0 818 ..

2,449 1,627 1,198 429 0 822 ..

2,058 1,438 1,117 321 0 620 ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

1,219 1,219 799 420 0 .. ..

1,240 777 446 331 0 463 ..

675 268 197 71 0 407 ..

211 88 86 2 0 123 ..

43 41 40 1 0 2 ..

30 30 26 4 0 0 ..

29 28 28 0 0 0 ..

22 22 22 0 0 .. ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

2,721 2,721 1,055 1,666 0 .. ..

4,448 4,219 3,014 1,205 0 229 ..

1,058 914 370 544 0 144 ..

910 388 155 233 0 522 ..

557 324 167 157 0 234 ..

536 415 255 160 0 121 ..

742 589 488 101 0 153 ..

459 257 139 117 0 203 ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

1,552 1,552 1,132 421 0 .. ..

889 864 719 145 0 25 ..

161 113 50 63 0 48 ..

124 75 34 41 0 49 ..

95 64 35 29 0 31 ..

80 58 32 26 0 22 ..

103 85 67 18 0 18 ..

51 38 20 18 0 13 ..

-1,568 -349 -1,219 -1,246 -1,246 .. 27

-3,734 -3,180 -555 -640 -874 234 85

171 -173 345 -210 -473 264 554

-510 -69 -441 -629 -231 -398 189

-229 -127 -101 -387 -155 -232 286

-1,142 -228 -914 -277 -157 -121 -637

-650 -460 -190 -253 -101 -152 63

-314 -117 -197 -320 -117 -203 123

280 ..

1,156 ..

2,520 ..

2,833 ..

2,315 ..

2,628 ..

1,565 ..

1,691 ..

52,080 .. .. .. 790 12,024

98,612 50,268 31,155 5,485 170 56,303

169,765 86,655 55,409 6,152 104 143,243

135,812 52,892 55,112 5,891 150 149,041

160,807 65,259 55,615 4,858 197 162,614

197,073 80,950 65,958 6,313 203 182,822

200,431 79,280 70,116 7,453 215 191,297

205,155 71,940 73,370 .. .. 194,712

.. 48.9 .. 47.2

34.0 17.3 11.9 329.4

7.2 3.7 1.4 2,293.2

14.0 5.5 2.0 2,012.6

11.1 4.5 1.0 2,244.2

7.5 3.1 0.8 3,024.5

6.9 2.7 1.1 3,481.1

7.3 2.5 0.7 3,722.1

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

ANGOLA (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

9,763 8,085 1,323 874 356

12,224 9,518 2,316 577 390

15,502 12,690 2,391 70 421

17,014 13,635 2,593 85 787

16,949 15,466 181 68 1,302

19,298 17,525 168 62 1,606

20,106 18,203 164 58 1,740

24,004 22,349 176 70 1,479

Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

8,085 8,085 2,703 5,382 0 .. ..

9,518 9,518 3,174 6,344 0 .. ..

12,690 12,690 4,008 8,682 0 .. ..

13,635 13,635 4,822 8,813 0 .. ..

15,466 15,466 8,161 7,305 0 .. ..

17,525 17,525 9,687 7,837 10 .. ..

18,203 18,203 9,615 8,588 0 .. ..

22,349 22,349 11,825 10,525 0 .. ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

1,045 1,045 34 1,011 0 .. ..

3,676 3,676 321 3,355 0 .. ..

4,622 4,622 1,101 3,521 0 .. ..

3,543 3,543 1,111 2,432 0 .. ..

3,951 3,951 3,658 293 0 .. ..

4,793 4,793 2,353 2,440 10 .. ..

4,215 4,215 1,103 3,112 51 .. ..

7,825 7,825 3,612 4,213 0 .. ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

1,530 1,530 268 1,262 0 .. ..

2,289 2,289 505 1,784 0 .. ..

1,130 1,130 276 854 0 .. ..

3,131 3,131 310 2,821 0 .. ..

2,110 2,110 283 1,827 0 .. ..

2,681 2,681 820 1,862 0 .. ..

3,554 3,554 1,164 2,390 61 .. ..

3,723 3,723 1,380 2,344 0 .. ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

149 149 36 113 0 .. ..

257 257 61 195 0 .. ..

443 443 118 325 0 .. ..

392 392 143 250 0 .. ..

176 176 114 63 0 .. ..

154 154 79 75 0 .. ..

640 640 321 319 1 .. ..

873 873 414 459 0 .. ..

-733 -234 -499 -251 -251 .. -248

2,603 -185 2,788 1,572 1,572 .. 1,216

3,632 825 2,807 2,667 2,667 .. 140

952 1,155 -203 -390 -390 .. 187

-29 3,900 -3,929 -1,534 -1,534 .. -2,395

2,421 1,849 572 579 579 .. -7

791 70 722 722 722 .. 0

3,840 1,970 1,870 1,870 1,870 .. 0

879 ..

1,140 ..

5,266 ..

2,743 ..

3,326 ..

4,070 ..

4,357 ..

4,184 ..

7,449 8,222 7,454 929 .. 1,198

24,203 24,312 19,201 3,406 .. 3,197

70,461 64,666 57,261 13,185 82 17,869

68,669 41,582 48,784 6,130 0 13,664

74,384 51,586 43,642 7,526 18 19,749

94,419 68,252 53,805 9,040 0 28,786

102,755 72,133 56,518 9,722 0 33,415

109,236 70,381 59,909 9,331 .. 32,780

118.7 131.1 20.9 12.3

50.3 50.5 10.8 26.2

24.0 22.0 2.5 115.3

40.9 24.8 8.5 80.3

32.9 22.8 4.5 116.5

28.3 20.4 4.2 149.2

27.9 19.6 5.8 166.2

34.1 22.0 6.9 136.6

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

Notes: Short-term debt before 2009 is based on data from the BIS.

ARGENTINA (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

147,029 113,234 28,325 10 5,470

128,186 83,374 34,844 7,738 9,968

122,987 102,513 19,983 10,009 490

127,743 104,732 19,844 10,774 3,167

120,791 100,681 16,999 5,464 3,111

132,743 103,309 26,333 6,115 3,101

133,042 104,085 25,852 6,312 3,105

136,272 110,995 22,166 6,607 3,111

113,234 87,324 20,822 66,503 65,976 25,909 11,138

83,374 57,013 20,564 36,449 35,941 26,361 8,772

102,513 71,613 20,785 50,828 49,864 30,900 7,921

104,732 76,361 22,539 53,822 51,969 28,371 6,850

100,681 69,579 23,109 46,470 45,099 31,102 7,855

103,309 68,583 23,804 44,780 43,729 34,725 9,129

104,085 67,606 23,700 43,905 42,889 36,480 8,567

110,995 67,462 24,445 43,017 42,057 43,533 13,917

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

18,794 14,312 1,971 12,341 12,339 4,482 1,408

4,727 3,219 993 2,227 2,227 1,507 540

7,036 4,046 2,020 2,026 2,026 2,990 ..

7,547 3,602 3,499 103 103 3,946 476

6,893 2,592 2,455 137 90 4,300 2,037

10,774 2,612 2,588 23 0 8,163 1,320

7,449 2,159 2,124 36 0 5,290 211

10,084 3,108 2,884 225 213 6,976 375

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

11,689 6,185 1,871 4,314 4,097 5,503 2,309

3,491 1,724 1,501 224 222 1,766 680

4,733 2,465 2,380 85 85 2,268 2,009

11,306 5,592 1,796 3,797 1,314 5,714 450

10,775 5,120 1,923 3,196 2,909 5,655 969

12,049 5,338 1,907 3,430 3,097 6,712 26

9,677 3,370 2,085 1,285 1,214 6,307 785

10,131 3,213 1,946 1,267 1,214 6,918 999

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

9,837 7,797 1,600 6,196 6,055 2,041 1,109

2,170 1,454 756 698 697 716 585

2,958 1,752 768 984 984 1,206 710

3,366 2,031 661 1,370 1,247 1,335 562

3,532 2,443 614 1,829 1,772 1,089 567

3,388 2,450 571 1,878 1,833 938 717

3,199 2,292 534 1,758 1,731 907 757

3,158 2,336 603 1,733 1,709 822 725

6,820 915 5,905 7,005 8,026 -1,021 -1,100

14,771 -4,079 18,850 1,744 2,003 -259 17,106

2,467 -360 2,826 2,662 1,941 722 164

-4,663 1,703 -6,366 -5,462 -3,693 -1,768 -904

-1,417 532 -1,949 -4,414 -3,059 -1,355 2,465

7,408 681 6,727 -1,956 -3,407 1,451 8,683

-2,906 39 -2,944 -2,267 -1,249 -1,017 -678

-4,028 937 -4,965 -984 -1,042 58 -3,981

10,418 -3,227

5,747 -48

4,949 -531

5,027 -212

5,239 -208

8,120 -174

11,821 876

9,650 462

336,725 38,697 48,076 3,086 86 25,147

216,699 51,204 46,414 5,456 432 27,179

398,837 87,609 81,023 7,902 698 44,855

369,051 69,991 61,706 8,360 621 46,093

452,587 84,380 82,615 9,964 639 49,734

546,906 102,701 104,425 10,811 698 43,227

593,046 97,717 98,172 10,236 576 39,920

599,180 98,449 102,306 8,844 526 28,143

380.0 43.7 64.0 17.1

250.3 59.2 19.7 21.2

140.4 30.8 9.1 36.5

182.5 34.6 21.1 36.1

143.2 26.7 17.1 41.2

129.3 24.3 15.3 32.6

136.2 22.4 13.5 30.0

138.4 22.7 13.7 20.7

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

Notes: Long-term private nonguaranteed debt data before 2008 are World Bank staff estimates. Long-term provincial debt data are World Bank staff estimates. Shortterm debt before 2010 is based on data from the BIS.

ARMENIA (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

1,010 675 44 6 290

1,968 1,368 298 0 302

3,541 2,818 453 0 270

4,925 3,679 521 0 725

6,280 4,783 621 0 876

7,383 5,551 869 0 963

7,608 5,889 808 0 911

8,677 6,807 1,150 0 720

675 675 658 17 0 .. ..

1,368 923 921 1 0 446 ..

2,818 1,446 1,444 1 0 1,373 ..

3,679 2,376 2,375 1 0 1,302 ..

4,783 2,557 2,556 1 0 2,226 ..

5,551 2,736 2,733 4 0 2,815 ..

5,889 2,956 2,942 14 0 2,933 ..

6,807 3,312 2,594 718 700 3,495 ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

63 63 62 1 0 .. ..

168 50 50 0 0 117 ..

776 164 164 0 0 612 ..

1,247 941 941 0 0 306 ..

1,734 198 198 0 0 1,536 ..

1,476 206 203 2 0 1,271 ..

1,610 280 270 10 0 1,330 ..

2,785 927 234 693 690 1,858 ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

15 15 13 2 0 .. ..

69 16 16 0 0 53 ..

253 15 15 0 0 238 ..

300 21 21 0 0 279 ..

857 24 24 0 0 833 ..

729 28 28 0 0 700 ..

834 30 30 0 0 804 ..

1,582 537 537 0 0 1,045 ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

9 9 9 0 0 .. ..

23 9 9 0 0 14 ..

70 11 11 0 0 58 ..

79 23 23 0 0 56 ..

60 35 35 0 0 25 ..

126 38 38 0 0 88 ..

124 43 43 0 0 81 ..

123 42 42 0 0 81 ..

21 34 -13 -2 -2 .. -11

-38 10 -48 64 .. 64 -112

497 130 367 374 0 374 -6

1,458 1,362 96 28 0 28 68

1,139 337 802 703 0 703 99

1,088 266 821 573 2 570 249

663 188 475 536 10 526 -61

1,354 -494 1,848 1,506 693 813 342

104 0

278 0

1,036 3

718 1

361 7

386 3

589 2

399 -2

1,964 551 1,017 22 87 302

5,033 1,944 2,520 170 915 669

12,133 2,894 5,417 270 1,904 1,407

8,815 2,242 4,344 352 1,440 2,004

9,599 3,025 4,950 362 1,669 1,866

10,701 3,533 5,450 379 1,799 1,932

10,587 3,670 5,601 335 1,915 1,799

10,926 4,060 5,984 324 2,193 2,252

183.4 51.4 9.2 29.9

101.3 39.1 7.3 34.0

122.4 29.2 12.7 39.7

219.7 55.9 18.9 40.7

207.6 65.4 32.0 29.7

209.0 69.0 26.0 26.2

207.3 71.9 31.3 23.7

213.7 79.4 49.9 25.9

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

Notes: Long-term private nonguaranteed debt data from 2011 are World Bank staff estimates based on reports provided by the country.

AZERBAIJAN (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

1,524 832 156 0 536

2,118 1,549 186 0 383

4,466 2,981 1,169 0 316

4,755 3,642 810 0 303

7,029 5,869 878 0 282

8,085 6,929 891 0 265

9,551 8,448 852 0 252

9,219 8,125 852 0 242

Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

832 734 643 90 0 99 ..

1,549 1,362 1,102 260 0 187 ..

2,981 2,654 1,838 816 0 327 ..

3,642 3,328 2,172 1,157 0 314 ..

5,869 3,711 2,562 1,149 0 2,158 ..

6,929 4,312 3,144 1,168 0 2,616 ..

8,448 5,695 4,033 1,662 500 2,752 ..

8,125 6,075 4,192 1,884 500 2,049 ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

269 263 204 59 0 6 ..

431 307 71 236 0 124 ..

741 526 283 242 0 216 ..

870 820 431 389 0 50 ..

2,547 633 453 180 0 1,914 ..

1,941 878 698 180 0 1,063 ..

2,477 1,659 1,069 590 500 818 ..

1,273 1,073 741 333 0 200 ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

22 14 12 2 0 7 ..

134 37 34 3 0 97 ..

149 126 46 80 0 23 ..

230 178 101 76 0 53 ..

300 228 97 131 0 72 ..

856 249 116 133 0 608 ..

922 239 127 111 0 684 ..

1,558 646 494 152 0 912 ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

37 32 31 1 0 5 ..

24 17 15 2 0 7 ..

88 77 30 47 0 11 ..

67 55 35 21 0 12 ..

80 67 33 35 0 13 ..

948 77 42 35 0 871 ..

945 97 43 53 14 848 ..

930 104 52 52 27 826 ..

323 141 182 55 57 -2 127

316 8 308 260 233 27 48

697 215 481 355 162 193 126

262 312 -49 310 312 -2 -359

2,300 341 1,959 1,891 50 1,842 68

1,080 565 515 502 47 455 13

1,502 928 574 613 479 134 -39

-295 237 -532 -532 181 -712 ..

130 ..

4,476 ..

3,521 ..

2,525 ..

3,353 1

4,485 0

5,293 0

2,619 30

4,987 2,174 2,415 317 57 680

11,599 8,341 8,658 1,582 623 1,178

43,586 32,484 17,082 5,401 1,518 6,467

40,772 23,311 13,858 3,664 1,255 5,364

49,436 28,910 14,379 3,815 1,410 6,409

61,092 38,058 21,586 5,488 1,893 10,274

63,181 37,837 22,811 4,906 1,990 11,277

69,440 36,941 24,650 4,507 1,733 14,401

70.1 30.6 6.4 44.6

25.4 18.3 2.7 55.6

13.7 10.2 0.9 144.8

20.4 11.7 1.4 112.8

24.3 14.2 1.4 91.2

21.2 13.2 4.8 127.1

25.2 15.1 5.0 118.1

25.0 13.3 6.8 156.2

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

Notes: Long-term private nonguaranteed debt data are World Bank staff estimates based on the market data. Short-term debt is based on data from the BIS.

BANGLADESH (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

15,596 14,985 334 0 277

18,449 17,385 688 16 376

22,952 20,300 1,894 1 758

24,619 21,210 1,934 1 1,475

25,752 21,400 2,949 2 1,403

27,326 22,350 3,705 2 1,271

26,188 23,251 1,724 2 1,213

27,804 24,850 1,458 2 1,496

14,985 14,985 14,809 176 0 .. ..

17,385 17,385 17,209 176 0 .. ..

20,300 20,300 20,237 63 0 .. ..

21,210 21,210 21,160 50 0 .. ..

21,400 21,400 21,367 33 0 .. ..

22,350 22,350 22,328 22 0 .. ..

23,251 23,251 23,237 13 0 .. ..

24,850 24,850 24,838 12 0 .. ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

861 861 794 67 0 .. ..

878 878 878 0 0 .. ..

1,732 1,732 1,732 0 0 .. ..

1,499 1,499 1,499 0 0 .. ..

982 982 982 0 0 .. ..

1,028 1,028 1,028 0 0 .. ..

2,091 2,091 2,091 0 0 .. ..

3,157 3,157 3,157 0 0 .. ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

487 487 465 22 0 .. ..

566 566 551 16 0 .. ..

632 632 612 20 0 .. ..

703 703 691 13 0 .. ..

743 743 732 11 0 .. ..

1,050 1,050 1,039 11 0 .. ..

988 988 980 9 0 .. ..

1,232 1,232 1,230 2 0 .. ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

165 165 156 9 0 .. ..

197 197 195 2 0 .. ..

203 203 200 2 0 .. ..

197 197 196 1 0 .. ..

201 201 199 2 0 .. ..

258 258 257 1 0 .. ..

296 296 295 1 0 .. ..

253 253 252 1 0 .. ..

368 244 125 45 45 .. 80

370 425 -56 -16 -16 .. -40

1,826 1,319 507 -20 -20 .. 527

812 785 27 -13 -13 .. 40

1,207 204 1,003 -11 -11 .. 1,014

603 -142 745 -11 -11 .. 756

-938 1,052 -1,990 -9 -9 .. -1,981

1,938 2,205 -268 -2 -2 .. -266

280 1

626 20

980 -130

754 -104

805 -104

961 132

1,202 97

1,258 270

48,857 7,293 10,018 149 1,968 1,486

63,355 11,322 15,970 669 4,642 2,767

86,607 17,692 26,250 1,028 9,223 5,689

97,482 17,622 24,984 1,083 10,739 10,219

109,698 23,756 34,315 1,258 11,282 10,564

122,091 28,458 41,294 1,365 12,960 8,510

127,320 28,249 39,716 1,789 14,236 12,031

142,929 31,716 43,788 1,951 13,857 17,564

213.9 31.9 10.5 9.5

162.9 29.1 7.1 15.0

129.7 26.5 5.0 24.8

139.7 25.3 5.4 41.5

108.4 23.5 4.3 41.0

96.0 22.4 5.2 31.1

92.7 20.6 5.3 45.9

87.7 19.5 5.2 63.2

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

Notes: Long-term public and publicly guaranteed debt for 2013 are World Bank staff estimates based on the original terms of the loans. Short-term debt before 2012 is based on data from the BIS.

BELARUS (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

2,604 771 1,239 14 594

5,284 1,254 3,503 1 527

15,122 6,996 7,558 2 568

22,054 9,528 9,076 3 3,449

28,397 12,470 11,864 4 4,063

33,926 16,430 13,446 4 4,050

33,756 18,532 11,635 4 3,588

39,108 23,586 13,590 4 1,932

Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

771 673 384 289 0 98 ..

1,254 769 552 217 0 485 ..

6,996 5,407 3,539 1,868 19 1,589 ..

9,528 6,217 4,689 1,529 19 3,311 ..

12,470 7,999 5,725 2,274 1,019 4,471 ..

16,430 10,609 8,380 2,228 1,800 5,821 ..

18,532 12,559 7,303 5,256 1,800 5,973 ..

23,586 14,622 8,540 6,082 1,800 8,964 ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

237 131 13 118 0 106 ..

647 252 188 64 0 395 ..

3,306 2,165 1,563 602 0 1,141 ..

1,984 1,264 1,254 10 0 720 ..

3,810 2,679 1,580 1,099 1,000 1,132 ..

5,406 3,926 2,826 1,100 800 1,479 ..

3,542 2,223 1,050 1,173 0 1,320 ..

4,675 3,108 1,603 1,505 0 1,567 ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

193 121 39 82 0 71 ..

508 175 92 83 0 333 ..

850 175 95 80 0 675 ..

1,275 450 97 352 0 825 ..

1,257 455 108 347 0 802 ..

2,339 1,310 167 1,143 19 1,029 ..

3,412 2,649 2,551 97 0 763 ..

1,938 1,064 379 685 0 874 ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

37 36 17 19 0 1 ..

53 37 16 21 0 15 ..

236 180 158 21 1 56 ..

185 114 96 17 2 71 ..

208 127 114 14 4 80 ..

572 460 312 148 129 112 ..

851 729 431 298 159 121 ..

783 603 267 336 159 181 ..

-87 -81 -6 70 36 35 -76

696 87 608 42 -19 61 566

2,654 1,468 1,185 988 521 466 198

5,051 3,982 1,069 -448 -343 -105 1,517

6,008 2,141 3,867 1,081 752 329 2,786

4,648 2,659 1,990 408 -42 450 1,582

-2,143 -1,965 -178 1,632 1,075 556 -1,810

3,043 -423 3,467 1,512 820 693 1,954

119 1

314 1

2,016 1

1,823 1

1,348 1

3,773 0

1,251 -4

1,766 2

12,690 7,667 8,160 5 139 350

30,220 17,705 17,411 135 199 1,137

59,975 36,878 42,007 682 583 2,687

48,095 24,818 31,224 872 504 4,831

54,058 29,805 38,402 1,039 575 3,431

59,052 47,242 49,812 1,186 891 6,011

62,145 52,827 51,443 1,258 1,053 5,809

68,970 44,673 49,373 2,374 1,150 4,938

34.0 20.5 4.9 13.5

29.8 17.5 3.9 21.5

41.0 25.2 3.3 17.8

88.9 45.9 6.5 21.9

95.3 52.5 5.8 12.1

71.8 57.5 6.8 17.7

63.9 54.3 9.4 17.2

87.5 56.7 10.4 12.6

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

BELIZE (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

528 455 50 0 23

989 956 7 7 26

1,252 1,217 7 7 28

1,271 1,226 10 10 35

1,287 1,245 7 7 35

1,261 1,219 8 8 35

1,196 1,158 6 6 32

1,249 1,214 7 7 28

Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

455 455 228 226 75 .. ..

956 956 348 608 482 .. ..

1,217 998 386 612 22 219 ..

1,226 1,017 412 605 21 209 ..

1,245 1,002 402 600 21 243 ..

1,219 1,001 406 595 21 218 ..

1,158 984 412 573 3 173 ..

1,214 1,052 504 548 527 162 ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

195 195 27 169 86 .. ..

213 213 48 165 143 .. ..

109 41 40 2 0 68 ..

79 66 65 1 0 13 ..

39 32 32 0 0 7 ..

53 36 36 0 0 18 ..

41 37 37 0 0 4 ..

165 164 123 41 41 1 ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

41 41 20 21 11 .. ..

152 152 21 131 36 .. ..

84 49 38 11 2 35 ..

66 47 39 9 1 18 ..

66 46 41 5 0 20 ..

69 37 32 5 0 32 ..

103 54 31 22 18 49 ..

102 89 31 58 54 13 ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

22 22 12 11 1 .. ..

70 70 15 54 41 .. ..

57 45 17 28 2 12 ..

54 43 15 28 2 11 ..

56 45 13 32 2 11 ..

57 46 10 36 2 11 ..

49 40 9 31 1 9 ..

30 22 10 12 11 8 ..

153 7 146 147 147 .. -1

61 27 34 34 34 .. ..

25 2 23 23 -10 33 ..

21 33 -13 -13 -7 -6 ..

-26 -9 -17 -17 -5 -12 ..

-16 3 -19 -19 -5 -14 ..

-64 3 -67 -67 -22 -45 ..

59 89 -29 -29 -17 -12 ..

23 ..

106 ..

162 2

102 ..

94 ..

194 ..

89 ..

898 441 661 31 26 123

1,242 622 824 35 45 71

1,205 872 1,129 107 76 166

1,253 733 895 56 79 214

1,329 834 972 102 78 218

1,444 949 1,052 40 75 237

1,520 1,040 1,148 68 76 289

1,551 1,063 1,208 85 74 403

119.6 58.8 15.3 23.3

159.0 79.6 35.7 7.2

143.5 104.0 16.2 13.3

173.4 101.5 16.3 16.8

154.3 96.9 14.6 16.9

133.0 87.3 13.3 18.8

115.0 78.7 14.9 24.2

117.5 80.5 12.7 32.2

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

Notes: Long-term private nonguaranteed debt data from 2008 are based on Central Bank data.

BENIN (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

1,400 1,237 66 1 96

1,552 1,445 41 2 66

976 850 89 4 37

1,319 974 213 32 132

1,599 1,113 341 25 146

1,869 1,194 497 28 177

2,054 1,302 542 47 210

2,367 1,593 549 54 225

1,237 1,237 1,234 3 0 .. ..

1,445 1,445 1,445 0 0 .. ..

850 850 850 0 0 .. ..

974 974 974 0 0 .. ..

1,113 1,113 1,113 0 0 .. ..

1,194 1,194 1,194 0 0 .. ..

1,302 1,302 1,302 0 0 .. ..

1,593 1,593 1,593 0 0 .. ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

39 39 39 0 0 .. ..

97 97 97 0 0 .. ..

143 143 143 0 0 .. ..

142 142 142 0 0 .. ..

184 184 184 0 0 .. ..

116 116 116 0 0 .. ..

337 337 337 0 0 .. ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

43 43 43 0 0 .. ..

24 24 20 4 0 .. ..

16 16 16 0 0 .. ..

25 25 25 0 0 .. ..

29 29 29 0 0 .. ..

39 39 39 0 0 .. ..

68 68 68 0 0 .. ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

16 16 16 0 0 .. ..

14 14 14 0 0 .. ..

41 41 41 0 0 .. ..

12 12 12 0 0 .. ..

13 13 13 0 0 .. ..

16 16 16 0 0 .. ..

18 18 18 0 0 .. ..

-54 -6 -48 .. .. .. -48

82 71 11 -4 -4 .. 15

231 146 85 .. .. .. 85

229 133 96 .. .. .. 96

309 175 134 .. .. .. 134

274 120 154 .. .. .. 154

135 109 26 .. .. .. 26

284 284 0 .. .. .. 0

60 0

-31 2

-49 -2

-32 9

-26 5

149 1

282 ..

320 ..

2,347 552 744 -1 87 459

4,340 797 1,188 9 147 655

6,622 1,675 2,456 30 207 1,263

6,552 1,489 2,310 32 126 1,230

6,505 1,707 2,393 55 139 1,200

7,260 1,765 2,423 66 172 887

7,512 .. .. .. .. 713

8,238 .. .. .. .. 695

253.6 59.6 13.6 32.8

194.6 35.8 6.0 42.2

58.3 14.7 3.7 129.4

88.6 20.1 3.6 93.2

93.7 24.6 3.3 75.0

105.8 25.7 4.0 47.5

.. 27.3 .. 34.7

.. 28.7 .. 29.4

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

Notes: Data include the effects of Paris Club debt restructuring agreement and HIPC and MDRI debt relief.

BHUTAN (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

212 202 2 0 8

657 636 12 4 9

694 676 8 0 9

723 708 5 0 9

868 852 6 0 9

1,015 998 8 0 9

1,420 1,311 100 0 9

1,480 1,470 0 0 9

202 202 202 0 0 .. ..

636 636 636 0 0 .. ..

676 676 676 0 0 .. ..

708 708 703 5 0 .. ..

852 852 832 21 0 .. ..

998 988 959 29 0 10 ..

1,311 1,303 1,265 38 0 8 ..

1,470 1,465 1,416 49 0 5 ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

35 35 35 0 0 .. ..

82 82 82 0 0 .. ..

32 32 32 0 0 .. ..

56 56 51 5 0 .. ..

178 178 162 16 0 .. ..

270 260 251 9 0 10 ..

409 409 400 9 0 .. ..

293 293 283 9 0 .. ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

5 5 5 0 0 .. ..

43 43 43 0 0 .. ..

41 41 41 0 0 .. ..

47 47 47 0 0 .. ..

45 45 45 0 0 .. ..

69 67 67 0 0 2 ..

39 37 37 0 0 2 ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

2 2 2 0 0 .. ..

38 38 38 0 0 .. ..

34 34 34 0 0 .. ..

37 37 37 1 0 .. ..

37 37 35 2 0 .. ..

58 57 55 2 0 0 ..

36 36 33 2 0 0 ..

30 30 0 .. .. .. 0

85 77 8 .. .. .. 8

-22 -12 -10 .. .. .. -10

12 10 2 5 5 .. -3

132 115 17 16 16 .. 1

227 206 21 19 9 10 2

432 334 98 6 9 -2 92

153 246 -93 7 9 -2 -100

.. ..

6 ..

2 ..

6 ..

20 ..

11 ..

20 ..

439 .. .. .. .. 318

807 .. .. .. .. 467

1,226 688 835 3 4 765

1,220 595 735 -1 5 891

1,514 607 1,024 4 8 1,002

1,760 762 1,425 5 10 790

1,770 746 1,343 2 18 955

1,771 687 945 20 12 991

.. 48.2 .. 150.1

.. 81.3 .. 71.2

100.8 56.6 11.9 110.3

121.4 59.2 12.7 123.3

143.0 57.3 13.9 115.5

133.2 57.7 10.8 77.8

190.2 80.2 17.0 67.2

215.5 83.6 10.9 67.0

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%) Notes: Short-term debt is based on data from the BIS.

BOLIVIA, PLURINATIONAL STATE OF (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

5,875 5,218 402 2 255

6,908 6,445 182 0 282

5,904 5,345 518 0 41

5,995 5,170 568 0 257

6,017 5,137 628 0 253

6,448 5,561 635 0 252

6,905 5,933 720 0 252

7,895 6,929 713 0 253

5,218 4,192 4,159 33 0 1,026 ..

6,445 4,531 4,504 27 0 1,914 ..

5,345 2,376 2,279 97 10 2,969 ..

5,170 2,523 2,431 92 0 2,647 ..

5,137 2,779 2,755 24 0 2,358 ..

5,561 3,388 3,299 89 0 2,173 ..

5,933 4,138 3,618 520 500 1,795 ..

6,929 5,149 4,130 1,019 1,000 1,781 ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

745 277 264 13 0 468 ..

880 434 429 4 0 447 ..

1,263 590 524 67 0 673 ..

512 415 408 7 0 97 ..

538 509 506 3 0 30 ..

776 776 709 67 0 .. ..

1,250 1,250 683 567 500 .. ..

1,405 1,180 680 500 500 225 ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

438 156 153 4 0 281 ..

309 178 176 2 0 131 ..

761 369 364 5 0 392 ..

448 190 178 13 10 257 ..

562 240 170 70 0 322 ..

351 166 164 2 0 185 ..

514 368 366 2 0 146 ..

419 179 177 2 0 240 ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

160 113 111 1 0 47 ..

155 96 96 0 0 59 ..

173 96 95 1 0 77 ..

117 69 65 4 0 48 ..

75 52 49 4 0 22 ..

77 57 53 4 0 20 ..

79 65 64 0 0 14 ..

115 95 71 25 24 20 ..

292 106 186 196 9 187 -10

454 227 227 318 2 316 -91

465 159 306 343 62 281 -37

114 231 -116 -166 -6 -161 50

37 336 -299 -359 -67 -292 60

432 545 -113 -120 65 -185 7

820 317 504 419 564 -146 85

979 502 476 483 498 -15 -7

736 ..

-91 ..

280 ..

505 ..

774 ..

902 ..

1,224 ..

1,750 ..

8,172 1,610 2,443 148 127 926

9,173 3,401 3,362 271 337 1,328

16,138 7,369 6,661 681 1,135 6,927

16,666 5,663 6,062 769 1,058 7,584

18,786 6,919 7,126 863 960 8,134

22,788 9,260 9,900 977 1,043 9,911

25,406 12,332 11,460 1,649 1,111 11,659

28,693 .. .. .. .. 12,783

365.0 71.9 39.8 15.8

203.2 75.3 15.4 19.2

80.1 36.6 12.8 117.3

105.9 36.0 10.3 126.5

87.0 32.0 9.5 135.2

69.6 28.3 4.8 153.7

56.0 27.2 5.0 168.8

.. 27.5 .. 161.9

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

Notes: Long-term private nonguaranteed debt data are World Bank staff estimates based on reports provided by the country. Data include the effects of HIPC and MDRI debt relief.

BOSNIA AND HERZEGOVINA (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

2,800 2,619 49 1 131

6,378 5,326 960 0 91

9,815 8,876 907 0 32

11,328 9,111 1,678 0 539

9,935 8,128 1,038 0 769

10,165 8,091 1,308 0 766

10,577 8,427 1,262 0 888

11,078 8,920 1,309 0 848

2,619 1,957 1,832 125 0 663 ..

5,326 2,559 2,404 155 0 2,767 ..

8,876 3,008 2,808 200 0 5,868 ..

9,111 3,570 3,042 527 322 5,541 ..

8,128 3,733 3,267 466 273 4,395 ..

8,091 3,874 3,451 423 241 4,216 ..

8,427 4,202 3,798 404 221 4,225 ..

8,920 4,732 4,338 394 205 4,188 ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

103 98 98 0 0 5 ..

540 153 153 0 0 386 ..

471 189 163 26 0 282 ..

394 321 309 12 0 73 ..

510 441 427 14 0 69 ..

491 382 370 12 0 108 ..

526 450 433 17 0 77 ..

728 643 625 18 0 85 ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

170 170 170 0 0 1 ..

95 54 51 3 0 41 ..

137 91 82 9 0 46 ..

171 110 97 13 0 61 ..

537 145 108 37 25 392 ..

594 171 129 43 26 423 ..

758 167 124 43 24 591 ..

669 200 155 46 25 468 ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

119 89 86 2 0 30 ..

136 53 48 6 0 83 ..

257 80 70 10 0 176 ..

217 63 56 8 0 153 ..

177 55 47 9 5 121 ..

186 66 55 11 6 120 ..

183 65 56 9 5 118 ..

178 58 53 5 2 120 ..

-41 -56 15 4 .. 4 11

1,052 63 989 342 -3 346 647

-448 79 -526 254 17 236 -780

1,276 494 782 11 -1 12 771

-429 556 -985 -345 -23 -322 -640

166 241 -75 -345 -30 -315 270

-158 428 -586 -540 -26 -514 -46

64 429 -365 -412 -28 -384 47

146 ..

314 ..

588 ..

-202 ..

149 ..

338 ..

185 ..

230 ..

6,096 2,247 4,234 .. 1,607 497

11,416 4,227 8,103 97 2,038 2,548

19,250 6,189 11,705 187 2,718 4,480

17,761 5,187 8,701 -104 2,127 4,529

17,056 5,492 8,910 79 1,822 4,366

18,406 6,374 10,654 272 1,958 4,150

17,006 5,780 9,736 205 1,844 4,283

18,176 6,270 9,692 53 1,893 4,868

124.6 45.9 14.2 17.7

150.9 55.9 7.3 39.9

158.6 51.0 7.7 45.6

218.4 63.8 9.1 40.0

180.9 58.3 14.6 43.9

159.5 55.2 13.6 40.8

183.0 62.2 18.4 40.5

176.7 60.9 17.9 43.9

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

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

2008

2009

2010

2011

2012

2013

458 438 15 0 6

454 412 35 0 6

440 391 43 0 7

1,707 1,388 229 0 90

1,797 1,352 357 0 88

2,396 1,897 411 0 88

2,488 2,015 385 0 88

2,430 1,896 446 0 88

438 438 410 28 0 .. ..

412 412 401 12 0 .. ..

391 391 389 2 0 .. ..

1,388 1,388 1,387 2 0 .. ..

1,352 1,352 1,351 1 0 .. ..

1,897 1,897 1,896 1 0 .. ..

2,015 1,935 1,935 0 0 80 80

1,896 1,816 1,816 0 0 80 80

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

28 28 24 4 0 .. ..

11 11 11 0 0 .. ..

54 54 54 0 0 .. ..

1,006 1,006 1,006 0 0 .. ..

17 17 17 0 0 .. ..

595 595 595 0 0 .. ..

149 69 69 0 0 80 80

29 29 29 0 0 .. ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

52 52 45 7 0 .. ..

40 40 38 2 0 .. ..

61 61 56 5 0 .. ..

36 36 35 1 0 .. ..

56 56 55 1 0 .. ..

51 51 51 0 0 .. ..

28 28 27 1 0 .. ..

148 148 148 0 0 .. ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

15 15 14 1 0 .. ..

12 12 11 0 0 .. ..

7 7 7 0 0 .. ..

9 9 9 0 0 .. ..

16 16 16 0 0 .. ..

20 20 20 0 0 .. ..

32 28 28 0 0 5 5

-29 -21 -8 -3 -3 .. -5

-17 -27 11 -2 -2 .. 13

15 -1 16 -5 -5 .. 21

1,156 971 186 -1 -1 .. 186

89 -38 128 -1 -1 .. 128

598 544 54 0 0 .. 54

94 42 53 79 -1 80 -26

-59 -120 61 .. .. .. 61

57 -6

211 27

397 -37

133 18

141 11

1,134 -17

134 -9

188 ..

5,436 3,378 3,050 658 26 6,318

9,096 5,739 4,737 1,066 118 6,309

10,481 5,474 6,691 1,045 47 9,119

9,845 3,870 5,856 471 15 8,704

13,193 5,168 7,158 731 22 7,885

15,233 7,213 8,406 285 20 8,082

14,458 6,492 8,799 116 18 7,628

14,621 .. .. .. .. 7,726

13.6 8.4 2.0 1,378.2

7.9 5.0 0.9 1,391.1

8.0 4.2 1.3 2,070.1

44.1 17.3 1.2 509.8

34.8 13.6 1.5 438.8

33.2 15.7 1.0 337.3

38.3 17.2 0.8 306.6

.. 16.6 .. 317.9

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%) Notes: Short-term debt is based on data from the BIS.

BRAZIL (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

242,512 209,303 30,973 176 2,235

188,365 163,859 23,993 0 513

262,951 225,755 36,644 0 552

281,648 237,336 39,786 0 4,526

352,364 282,425 65,492 0 4,446

404,046 357,473 42,140 0 4,432

440,507 403,486 32,583 0 4,437

482,470 444,517 33,507 27 4,446

209,303 96,622 29,845 66,776 54,096 112,682 16,846

163,859 94,354 26,160 68,194 59,077 69,505 35,969

225,755 79,912 29,269 50,643 43,237 145,842 37,855

237,336 87,510 32,595 54,916 47,350 149,826 53,342

282,425 97,485 41,460 56,025 46,806 184,940 83,032

357,473 94,712 36,516 58,196 45,408 262,761 79,363

403,486 116,657 38,959 77,697 48,465 286,830 69,053

444,517 135,262 39,333 95,928 50,784 309,255 61,384

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

44,079 19,664 5,272 14,391 10,836 24,415 2,886

27,414 13,207 3,327 9,880 8,252 14,207 6,579

69,559 16,696 4,353 12,342 10,254 52,863 6,754

57,675 13,732 6,845 6,887 5,100 43,943 17,015

85,379 19,957 11,317 8,640 5,433 65,422 32,384

111,458 13,655 3,250 10,405 3,631 97,803 30,765

79,638 27,987 4,985 23,002 6,587 51,652 8,822

107,238 36,344 5,253 31,091 8,680 70,894 4,780

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

34,746 10,932 7,093 3,839 2,056 23,813 2,775

25,788 9,481 3,334 6,147 4,187 16,306 7,063

40,353 16,351 2,402 13,949 12,001 24,002 2,420

30,470 7,784 3,447 4,338 2,760 22,685 1,585

32,024 9,626 2,662 6,965 5,770 22,398 2,656

41,777 15,851 8,349 7,502 4,281 25,925 3,666

30,598 6,697 2,316 4,380 3,275 23,901 7,154

65,008 16,154 4,470 11,684 5,561 48,853 11,459

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

15,297 6,943 1,932 5,010 4,212 8,355 1,562

10,314 6,700 1,058 5,642 5,033 3,614 2,161

15,046 6,057 1,291 4,766 4,406 8,989 2,842

13,554 5,656 1,083 4,573 4,148 7,898 2,936

13,157 5,172 967 4,205 3,864 7,985 4,207

16,615 5,446 1,012 4,434 3,902 11,169 5,859

14,259 5,019 962 4,057 3,392 9,240 3,107

17,833 6,010 920 5,090 3,805 11,823 3,722

4,471 -8,514 12,985 11,154 10,552 602 1,831

-23,457 -23,817 360 1,634 3,733 -2,099 -1,274

26,604 1,951 24,653 27,255 -1,606 28,861 -2,602

30,347 3,399 26,948 23,806 2,549 21,257 3,142

79,061 8,655 70,406 44,699 1,675 43,024 25,706

46,329 -5,099 51,428 74,780 2,903 71,878 -23,352

39,483 2,668 36,815 46,372 18,622 27,750 -9,557

43,127 783 42,344 41,448 19,407 22,041 897

32,779 3,076

15,045 6,451

30,064 -7,565

19,906 37,071

40,117 37,671

54,782 7,174

52,838 5,600

41,644 11,636

626,889 68,205 93,950 4,238 1,649 32,434

856,883 136,200 125,773 11,035 2,805 53,245

1,614,369 240,904 273,320 28,773 3,643 192,844

1,588,139 189,564 217,207 21,029 2,889 237,364

2,104,398 240,920 291,094 26,584 2,754 287,056

2,429,989 305,002 360,466 31,716 2,798 350,356

2,213,546 293,331 350,424 24,564 2,583 369,566

2,203,225 291,385 375,814 27,536 2,537 356,214

355.6 38.7 85.9 13.4

138.3 22.0 46.2 28.3

109.2 16.3 23.5 73.3

148.6 17.7 23.5 84.3

146.3 16.7 19.0 81.5

132.5 16.6 19.4 86.7

150.2 19.9 15.5 83.9

165.6 21.9 28.6 73.8

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

BULGARIA (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

12,009 8,440 1,451 1 2,118

18,507 12,532 4,442 0 1,533

52,632 33,357 18,334 0 941

55,375 36,620 17,797 0 958

50,318 34,234 15,143 0 941

47,175 33,389 12,848 0 938

50,656 35,937 13,780 0 939

52,995 38,614 13,440 0 941

8,440 7,671 2,603 5,068 4,982 769 ..

12,532 5,075 3,045 2,030 1,920 7,457 526

33,357 4,397 3,019 1,378 1,342 28,960 522

36,620 4,772 3,322 1,450 1,430 31,848 146

34,234 4,466 3,151 1,314 1,301 29,768 134

33,389 4,137 3,140 997 991 29,253 0

35,937 5,209 3,094 2,114 2,109 30,728 150

38,614 5,359 3,232 2,127 2,121 33,255 689

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

719 405 381 24 0 313 ..

4,895 402 383 19 0 4,493 249

17,394 370 362 8 0 17,024 0

8,625 520 520 0 0 8,105 0

1,569 199 199 0 0 1,370 0

10,803 292 292 0 0 10,511 0

5,992 1,439 228 1,211 1,211 4,553 150

6,007 770 380 389 389 5,237 539

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

573 345 297 48 46 229 ..

3,349 1,761 255 1,507 1,496 1,588 10

3,960 733 715 19 0 3,227 287

3,989 404 266 138 123 3,585 372

3,550 268 261 7 0 3,282 0

3,597 258 251 7 0 3,338 139

3,720 263 263 0 0 3,457 0

4,115 563 269 294 294 3,551 0

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

456 424 139 285 284 32 ..

479 327 93 234 229 152 30

929 292 148 144 139 637 36

800 208 106 102 101 592 29

607 177 71 106 106 430 11

785 188 83 105 105 598 6

749 161 82 79 79 588 0

838 210 69 141 141 628 12

465 221 244 61 -24 85 183

2,308 -315 2,623 1,418 -1,488 2,905 1,206

17,731 -352 18,084 13,786 -11 13,797 4,298

4,099 254 3,845 4,382 -138 4,520 -537

-4,635 -62 -4,573 -1,919 -7 -1,912 -2,654

4,911 41 4,871 7,166 -7 7,173 -2,296

3,204 -35 3,239 2,307 1,211 1,096 932

1,552 111 1,441 1,781 95 1,686 -340

1,002 5

2,017 449

5,821 -106

2,249 8

1,528 9

1,268 -42

889 5

1,554 -19

12,580 7,321 8,314 107 58 3,155

28,979 17,674 22,034 912 1,613 8,041

49,257 31,897 45,096 2,725 1,919 16,816

46,903 24,384 29,966 1,823 1,592 17,127

46,225 27,944 30,711 1,573 1,333 15,421

51,025 36,606 38,836 2,521 1,483 15,252

49,432 34,960 38,137 1,876 1,449 18,371

50,531 38,305 40,482 2,273 1,667 18,335

164.0 95.5 18.2 26.3

104.7 63.9 25.3 43.4

165.0 106.9 17.7 31.9

227.1 118.1 20.0 30.9

180.1 108.9 15.1 30.6

128.9 92.5 12.2 32.3

144.9 102.5 12.9 36.3

138.3 104.9 13.0 34.6

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

Notes: Long-term private nonguaranteed debt data from 2008 are World Bank staff estimates based on reports provided by the country. Short-term debt before 2009 is World Bank staff estimates based on Central Bank data. The data may include long-term public and publicly guaranteed debt owed by the state-owned railway.

BURKINA FASO (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

1,435 1,226 84 5 124

2,000 1,861 22 0 117

1,583 1,506 9 0 69

1,917 1,716 0 0 201

2,148 1,931 0 0 217

2,290 2,057 0 0 233

2,519 2,218 0 0 301

2,564 2,260 0 0 304

1,226 1,226 1,223 3 0 .. ..

1,861 1,861 1,861 0 0 .. ..

1,506 1,506 1,484 22 0 .. ..

1,716 1,716 1,694 22 0 .. ..

1,931 1,931 1,913 18 0 .. ..

2,057 2,057 2,043 15 0 .. ..

2,218 2,218 2,205 13 0 .. ..

2,260 2,260 2,249 11 0 .. ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

91 91 91 0 0 .. ..

208 208 208 0 0 .. ..

293 293 293 0 0 .. ..

217 217 217 0 0 .. ..

276 276 276 0 0 .. ..

171 171 171 0 0 .. ..

159 159 159 0 0 .. ..

60 60 60 0 0 .. ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

26 26 26 0 0 .. ..

24 24 24 0 0 .. ..

27 27 24 3 0 .. ..

28 28 28 0 0 .. ..

30 30 27 2 0 .. ..

43 43 40 3 0 .. ..

43 43 41 2 0 .. ..

48 48 46 2 0 .. ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

12 12 12 0 0 .. ..

16 16 16 0 0 .. ..

14 14 14 0 0 .. ..

15 15 15 0 0 .. ..

18 18 18 0 0 .. ..

21 21 21 0 0 .. ..

22 22 22 0 0 .. ..

47 66 -19 0 0 .. -19

194 196 -2 0 0 .. -2

138 287 -149 -3 -3 .. -147

235 244 -9 0 0 .. -8

266 269 -2 -2 -2 .. ..

145 147 -3 -3 -3 .. ..

184 186 -2 -2 -2 .. ..

14 17 -2 -2 -2 .. ..

23 -3

21 -4

28 -2

9 0

-32 3

144 -132

329 209

374 ..

2,606 251 691 3 67 243

5,442 583 1,452 7 57 438

8,348 1,069 2,442 38 99 928

8,343 1,140 2,035 35 96 1,296

9,203 1,981 2,655 26 120 1,068

10,392 2,913 3,618 .. .. 957

10,721 3,484 4,165 .. .. 1,025

11,030 .. .. .. .. 628

572.8 55.1 18.8 16.9

343.0 36.8 7.8 21.9

148.1 19.0 3.9 58.6

168.1 23.0 3.8 67.6

108.5 23.3 2.5 49.7

78.6 22.0 2.3 41.8

72.3 23.5 2.0 40.7

.. 23.2 .. 24.5

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

Notes: Short-term debt before 2009 is based on data from the BIS. Data include HIPC and MDRI debt relief.

BURUNDI (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

1,125.9 1,036.0 65.0 19.7 24.9

1,287.9 1,176.1 34.1 33.1 77.7

1,390.3 1,234.3 18.0 4.0 138.0

607.2 393.5 7.0 0.0 206.7

620.9 381.8 15.7 0.7 223.4

604.4 363.2 0.4 0.4 240.7

667.3 411.4 7.3 0.3 248.7

682.7 397.2 31.3 0.3 254.2

1,036.0 1,036.0 1,032.0 4.0 0.0 .. ..

1,176.1 1,176.1 1,174.0 2.1 0.0 .. ..

1,234.3 1,234.3 1,234.3 0.0 0.0 .. ..

393.5 393.5 388.5 5.0 0.0 .. ..

381.8 381.8 376.8 5.0 0.0 .. ..

363.2 363.2 358.2 5.0 0.0 .. ..

411.4 411.4 407.0 4.4 0.0 .. ..

397.2 397.2 392.8 4.4 0.0 .. ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

41.3 41.3 38.2 3.0 0.0 .. ..

42.1 42.1 42.1 0.0 0.0 .. ..

24.8 24.8 24.8 0.0 0.0 .. ..

29.3 29.3 24.3 5.0 0.0 .. ..

31.6 31.6 31.6 0.0 0.0 .. ..

28.0 28.0 28.0 0.0 0.0 .. ..

60.2 60.2 60.2 0.0 0.0 .. ..

6.9 6.9 6.9 0.0 0.0 .. ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

9.4 9.4 9.4 0.0 0.0 .. ..

27.2 27.2 22.6 4.6 0.0 .. ..

11.3 11.3 11.3 0.0 0.0 .. ..

8.5 8.5 8.5 0.0 0.0 .. ..

2.4 2.4 2.4 0.0 0.0 .. ..

5.8 5.8 5.8 0.0 0.0 .. ..

10.2 10.2 9.6 0.6 0.0 .. ..

19.2 19.2 19.2 0.0 0.0 .. ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

4.5 4.5 4.5 0.0 0.0 .. ..

11.9 11.9 11.9 0.0 0.0 .. ..

7.4 7.4 7.4 0.0 0.0 .. ..

3.6 3.6 3.6 0.0 0.0 .. ..

1.4 1.4 1.4 0.0 0.0 .. ..

2.0 2.0 2.0 0.0 0.0 .. ..

3.0 3.0 3.0 0.0 0.0 .. ..

3.2 3.2 3.2 0.0 0.0 .. ..

18.4 24.3 -5.9 3.0 3.0 .. -8.9

34.1 40.7 -6.6 -4.6 -4.6 .. -2.0

48.3 35.3 13.0 .. .. .. 13.0

27.2 29.2 -2.0 5.0 5.0 .. -7.0

57.3 49.3 8.0 .. .. .. 8.0

25.8 40.8 -15.0 .. .. .. -15.0

64.6 58.2 6.4 -0.6 -0.6 .. 7.0

16.7 -7.3 24.0 .. .. .. 24.0

11.7 ..

0.6 ..

3.8 ..

0.3 ..

0.8 ..

3.4 ..

0.6 ..

6.8 ..

884.8 55.4 164.9 0.4 .. 32.9

1,099.6 98.7 343.9 2.1 0.1 100.1

1,607.3 163.9 609.4 .. 3.6 265.7

1,722.8 119.7 538.0 .. 28.2 322.0

2,014.8 181.9 618.7 .. 34.5 330.7

2,338.2 243.1 790.3 .. 45.5 294.0

2,463.3 239.0 940.6 .. 46.4 307.2

2,904.7 .. .. .. .. 328.2

2031.9 127.2 40.9 2.9

1304.3 117.1 40.5 7.8

848.5 86.5 12.0 19.1

507.2 35.2 16.6 53.0

341.4 30.8 2.4 53.3

248.6 25.8 4.2 48.6

279.3 27.1 8.8 46.0

.. 23.5 .. 48.1

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

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.

CABO VERDE (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

320 315 4 4 1

477 463 1 1 13

626 611 1 1 13

727 700 2 2 25

892 868 2 2 23

1,039 1,017 2 2 20

1,248 1,229 2 2 18

1,484 1,467 2 2 16

315 315 308 7 0 .. ..

463 463 442 22 0 .. ..

611 611 601 10 0 .. ..

700 700 693 6 0 .. ..

868 868 816 53 0 .. ..

1,017 1,017 944 73 0 .. ..

1,229 1,229 1,110 118 0 .. ..

1,467 1,467 1,277 190 0 .. ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

29 29 29 0 0 .. ..

74 74 65 9 0 .. ..

75 75 75 0 0 .. ..

102 102 102 0 0 .. ..

208 208 158 50 0 .. ..

191 191 165 25 0 .. ..

224 224 181 43 0 .. ..

237 237 173 64 0 .. ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

11 11 10 2 0 .. ..

29 29 23 5 0 .. ..

24 24 20 4 0 .. ..

25 25 21 4 0 .. ..

26 26 22 3 0 .. ..

26 26 24 2 0 .. ..

20 20 20 0 0 .. ..

22 22 22 0 0 .. ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

5 5 4 1 0 .. ..

7 7 6 1 0 .. ..

7 7 6 0 0 .. ..

7 7 7 0 0 .. ..

8 8 8 0 0 .. ..

10 10 9 1 0 .. ..

13 13 12 2 0 .. ..

16 16 13 2 0 .. ..

2 19 -18 -2 -2 .. -16

49 45 4 4 4 .. ..

50 54 -4 -4 -4 .. ..

76 79 -4 -4 -4 .. ..

180 134 46 46 46 .. ..

162 138 23 23 23 .. ..

201 159 43 43 43 .. ..

213 149 64 64 64 .. ..

33 ..

63 ..

210 ..

124 2

95 ..

91 ..

98 ..

66 ..

525 151 344 5 87 28

938 373 695 11 137 174

1,742 738 1,259 38 155 361

1,668 590 1,149 26 137 398

1,591 644 1,207 56 131 382

1,792 796 1,459 42 177 339

1,725 790 1,265 23 167 376

1,833 856 1,176 13 176 475

211.8 60.9 10.7 8.8

128.0 50.9 9.6 36.4

84.8 35.9 4.2 57.7

123.1 43.6 5.7 54.8

138.6 56.1 5.6 42.8

130.5 58.0 4.9 32.6

158.0 72.3 4.6 30.1

173.3 80.9 4.6 32.0

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

CAMBODIA (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

2,648 2,328 227 131 93

3,525 3,141 280 243 103

3,181 2,832 325 197 24

3,439 3,036 272 208 132

3,755 3,345 281 215 129

4,356 3,741 486 221 129

5,652 4,484 1,038 209 129

6,427 5,064 1,234 152 129

2,328 2,328 2,328 0 0 .. ..

3,141 3,141 3,141 0 0 .. ..

2,832 2,832 2,832 0 0 .. ..

3,036 3,036 3,036 0 0 .. ..

3,345 3,345 3,345 0 0 .. ..

3,741 3,741 3,741 0 0 .. ..

4,484 4,484 4,484 0 0 .. ..

5,064 5,064 5,064 0 0 .. ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

79 79 79 0 0 .. ..

155 155 155 0 0 .. ..

348 348 348 0 0 .. ..

207 207 207 0 0 .. ..

344 344 344 0 0 .. ..

431 431 431 0 0 .. ..

789 789 789 0 0 .. ..

596 596 596 0 0 .. ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

7 7 7 0 0 .. ..

8 8 8 0 0 .. ..

19 19 19 0 0 .. ..

26 26 26 0 0 .. ..

33 33 33 0 0 .. ..

41 41 41 0 0 .. ..

47 47 47 0 0 .. ..

60 60 60 0 0 .. ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

12 12 12 0 0 .. ..

19 19 19 0 0 .. ..

21 21 21 0 0 .. ..

26 26 26 0 0 .. ..

31 31 31 0 0 .. ..

42 42 42 0 0 .. ..

51 51 51 0 0 .. ..

128 76 52 .. .. .. 52

141 138 3 .. .. .. 3

395 329 66 .. .. .. 66

117 181 -64 .. .. .. -64

313 311 2 .. .. .. 2

589 390 199 .. .. .. 199

1,306 742 564 .. .. .. 564

789 536 253 .. .. .. 253

149 ..

379 ..

815 ..

511 ..

735 ..

795 ..

1,441 ..

1,345 ..

3,534 1,893 2,453 123 121 502

6,006 4,094 4,921 227 164 953

9,916 5,129 6,560 403 188 2,292

9,931 5,015 5,981 351 142 2,851

10,698 6,026 7,075 414 153 3,255

12,261 7,826 8,882 460 160 3,450

13,403 8,893 10,343 617 172 4,267

14,491 10,087 12,075 700 176 4,516

139.9 74.9 1.7 18.9

86.1 58.7 0.8 27.0

62.0 32.1 0.9 72.0

68.6 34.6 1.0 82.9

62.3 35.1 1.0 86.7

55.7 35.5 1.1 79.2

63.6 42.2 1.4 75.5

63.7 44.4 1.5 70.3

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

Notes: Short-term debt is based on data from the BIS. Data include MDRI debt relief.

CAMEROON (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

10,561 9,070 1,224 205 267

7,700 7,059 334 280 307

2,826 2,723 41 41 62

3,238 2,783 3 3 453

3,194 2,740 9 9 445

3,110 2,598 70 2 442

3,751 3,154 157 24 440

4,922 4,041 444 62 437

9,070 8,753 8,436 317 0 317 ..

7,059 6,467 6,384 83 0 592 ..

2,723 2,087 2,082 6 0 636 ..

2,783 2,167 2,153 14 0 615 ..

2,740 2,163 2,143 20 0 577 ..

2,598 2,137 2,114 23 0 461 ..

3,154 2,786 2,741 45 0 368 ..

4,041 3,816 3,578 239 0 225 ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

286 247 247 0 0 39 ..

227 130 130 0 0 98 ..

276 189 189 0 0 87 ..

356 147 139 8 0 209 ..

278 278 272 6 0 .. ..

178 178 173 5 0 .. ..

609 609 587 22 0 .. ..

1,005 1,005 814 191 0 .. ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

253 166 162 4 0 86 ..

537 396 396 0 0 141 ..

353 160 160 0 0 192 ..

334 105 105 0 0 229 ..

154 116 116 0 0 38 ..

233 122 121 1 0 111 ..

176 83 82 1 0 93 ..

154 61 57 4 0 93 ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

215 198 198 1 0 17 ..

228 178 177 1 0 51 ..

91 47 47 0 0 44 ..

57 26 26 0 0 31 ..

42 27 27 0 0 15 ..

86 57 56 1 0 28 ..

60 35 34 1 0 25 ..

55 29 28 2 0 25 ..

-21 136 -157 -52 -4 -48 -105

-683 -301 -382 -44 .. -44 -339

-268 37 -304 -105 0 -105 -199

170 182 -12 -12 8 -20 ..

124 156 -32 -32 6 -38 ..

12 51 -39 -107 4 -111 68

495 503 -8 -73 20 -93 65

1,096 754 343 94 187 -93 249

159 0

120 -4

56 -1

811 0

527 0

138 0

276 0

572 ..

8,694 2,694 3,021 41 30 212

16,099 4,248 4,977 289 77 949

23,323 7,372 8,419 165 162 3,087

22,051 5,438 6,835 436 184 3,676

22,229 5,692 6,694 166 115 3,643

25,184 7,648 8,654 282 219 3,199

26,028 7,582 8,801 503 210 3,381

28,715 .. .. .. .. ..

392.0 121.5 20.8 2.0

181.3 47.8 19.3 12.3

38.3 12.1 6.1 109.2

59.5 14.7 7.2 113.5

56.1 14.4 3.5 114.1

40.7 12.4 4.2 102.8

49.5 14.4 3.2 90.1

.. 17.1 .. ..

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

Notes: Short-term debt is based on data from the BIS. Data include the effects of HIPC and MDRI debt relief.

CENTRAL AFRICAN REPUBLIC (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

872.1 797.3 41.2 26.1 33.6

1,033.0 877.2 106.6 97.6 49.2

990.0 827.0 85.6 73.6 77.4

537.6 293.8 81.7 77.7 162.1

614.2 361.9 79.7 77.7 172.6

547.3 271.2 104.1 71.1 172.0

551.5 288.3 80.3 73.3 182.9

574.4 307.0 86.4 80.4 181.0

797.3 797.3 764.8 32.6 0.0 .. ..

877.2 877.2 843.1 34.1 0.0 .. ..

827.0 827.0 792.5 34.5 0.0 .. ..

293.8 293.8 259.4 34.4 0.0 .. ..

361.9 361.9 325.3 36.6 0.0 .. ..

271.2 271.2 244.1 27.1 0.0 .. ..

288.3 288.3 261.2 27.1 0.0 .. ..

307.0 307.0 280.8 26.2 0.0 .. ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

16.1 16.1 16.1 0.0 0.0 .. ..

0.0 0.0 0.0 0.0 0.0 .. ..

1.9 1.9 1.9 0.0 0.0 .. ..

18.7 18.7 18.7 0.0 0.0 .. ..

19.2 19.2 19.2 0.0 0.0 .. ..

17.1 17.1 17.1 0.0 0.0 .. ..

18.4 18.4 18.4 0.0 0.0 .. ..

20.2 20.2 20.2 0.0 0.0 .. ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

7.5 7.5 7.4 0.0 0.0 .. ..

0.7 0.7 0.7 0.0 0.0 .. ..

11.3 11.3 11.3 0.0 0.0 .. ..

8.4 8.4 8.4 0.0 0.0 .. ..

1.0 1.0 1.0 0.0 0.0 .. ..

0.8 0.8 0.7 0.1 0.0 .. ..

2.1 2.1 2.1 0.1 0.0 .. ..

3.7 3.7 2.4 1.2 0.0 .. ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

4.3 4.3 4.3 0.0 0.0 .. ..

0.2 0.2 0.2 0.0 0.0 .. ..

6.1 6.1 6.1 0.0 0.0 .. ..

3.0 3.0 3.0 0.0 0.0 .. ..

1.2 1.2 1.2 0.0 0.0 .. ..

0.2 0.2 0.2 0.0 0.0 .. ..

1.9 1.9 1.9 0.0 0.0 .. ..

0.5 0.5 0.5 0.0 0.0 .. ..

-13.8 7.8 -21.6 0.0 0.0 .. -21.6

-5.6 -5.6 .. .. .. .. ..

17.9 5.9 12.0 .. .. .. 12.0

22.6 30.6 -8.0 .. .. .. -8.0

29.4 31.4 -2.0 .. .. .. -2.0

47.3 16.4 30.9 -0.1 -0.1 .. 31.0

0.9 26.9 -26.1 -0.1 -0.1 .. -26.0

13.3 15.5 -2.2 -1.2 -1.2 .. -1.0

0.9 ..

10.1 ..

117.1 ..

42.3 ..

61.5 ..

36.9 ..

71.2 ..

0.8 ..

901.4 .. .. .. .. 133.3

1,340.1 .. .. .. .. 139.2

1,962.5 .. .. .. .. 121.8

1,960.6 .. .. .. .. 210.6

1,981.5 .. .. .. .. 181.2

2,190.4 .. .. .. .. 154.5

2,168.6 .. .. .. .. 157.9

1,537.1 .. .. .. .. ..

.. 96.7 .. 15.3

.. 77.1 .. 13.5

.. 50.4 .. 12.3

.. 27.4 .. 39.2

.. 31.0 .. 29.5

.. 25.0 .. 28.2

.. 25.4 .. 28.6

.. 37.4 .. ..

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

Notes: Short-term debt is based on data from the BIS. Data include the effects of HIPC and MDRI debt relief.

CHAD (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

1,101 986 25 10 90

1,630 1,526 11 6 93

1,802 1,743 4 4 55

1,866 1,750 4 4 113

2,157 2,049 8 7 99

2,165 2,054 20 8 91

2,166 2,052 27 8 87

2,216 2,123 8 8 85

986 986 971 15 0 .. ..

1,526 1,526 1,494 32 0 .. ..

1,743 1,743 1,710 33 0 .. ..

1,750 1,750 1,718 32 0 .. ..

2,049 2,049 2,019 30 0 .. ..

2,054 2,054 2,029 25 0 .. ..

2,052 2,052 2,027 25 0 .. ..

2,123 2,123 2,099 23 0 .. ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

46 46 46 0 0 .. ..

143 143 143 0 0 .. ..

97 97 97 0 0 .. ..

34 34 34 0 0 .. ..

366 366 366 0 0 .. ..

65 65 65 0 0 .. ..

55 55 55 0 0 .. ..

159 159 159 0 0 .. ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

13 13 13 1 0 .. ..

24 24 23 1 0 .. ..

105 105 105 0 0 .. ..

42 42 41 1 0 .. ..

46 46 44 2 0 .. ..

56 56 51 5 0 .. ..

49 49 49 0 0 .. ..

84 84 83 2 0 .. ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

9 9 9 0 0 .. ..

16 16 16 0 0 .. ..

18 18 18 0 0 .. ..

23 23 23 0 0 .. ..

17 17 17 0 0 .. ..

18 18 18 0 0 .. ..

16 16 16 0 0 .. ..

20 20 20 0 0 .. ..

44 46 -2 -1 -1 .. -2

109 114 -4 -1 -1 .. -3

-44 -21 -23 .. .. .. -23

-20 -19 -1 -1 -1 .. ..

311 312 -1 -2 -2 .. 1

12 6 6 -5 -5 .. 11

9 2 7 .. .. .. 7

53 73 -21 -2 -2 .. -19

115 ..

-99 ..

466 ..

376 ..

313 ..

282 ..

343 ..

538 ..

1,283 .. .. .. .. 111

5,708 .. .. .. .. 226

10,085 .. .. .. .. 1,345

8,867 .. .. .. .. 617

10,302 .. .. .. .. 632

11,842 .. .. .. .. 951

12,228 .. .. .. .. 1,156

12,888 .. .. .. .. ..

.. 85.8 .. 10.1

.. 28.6 .. 13.8

.. 17.9 .. 74.6

.. 21.0 .. 33.0

.. 20.9 .. 29.3

.. 18.3 .. 43.9

.. 17.7 .. 53.3

.. 17.2 .. ..

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

Notes: Long-term public and publicly guaranteed debt data for 2013 are World Bank staff estimates. Short-term debt is based on data from the BIS. Data include the effects of HIPC debt relief.

CHINA (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

145,648 132,259 13,080 0 309

281,114 132,508 148,267 0 338

378,469 190,916 187,188 0 365

445,942 194,475 240,509 0 10,958

559,772 201,484 347,524 0 10,764

710,234 222,592 476,911 0 10,731

750,746 230,411 509,592 0 10,743

874,463 238,981 624,718 0 10,764

132,259 94,470 50,374 44,096 11,371 37,789 1,068

132,508 82,016 52,421 29,595 13,859 50,492 3,574

190,916 89,142 63,349 25,793 14,032 101,774 5,970

194,475 92,318 68,358 23,960 9,905 102,157 7,020

201,484 90,637 67,204 23,433 10,730 110,847 17,153

222,592 75,176 67,684 7,492 2,486 147,416 28,203

230,411 70,741 66,201 4,540 2,630 159,671 38,819

238,981 78,211 60,532 17,679 8,130 160,771 49,133

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

19,006 11,924 5,790 6,133 848 7,082 390

28,228 8,776 2,170 6,606 3,208 19,452 1,622

38,188 5,449 3,893 1,556 0 32,739 ..

23,648 6,481 3,310 3,171 0 17,167 925

42,423 10,125 4,348 5,777 0 32,298 11,592

46,950 7,785 3,848 3,937 3,098 39,165 12,133

37,375 3,629 3,408 222 0 33,746 10,903

56,801 16,871 2,716 14,155 5,500 39,930 25,897

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

19,362 10,235 4,270 5,965 443 9,127 534

20,936 6,659 1,413 5,246 550 14,277 370

23,959 6,750 2,809 3,940 742 17,209 350

33,448 6,473 2,594 3,878 500 26,976 464

27,237 8,400 3,643 4,757 0 18,837 ..

36,277 12,199 5,301 6,898 2,092 24,078 1,083

35,519 8,132 4,491 3,641 318 27,387 ..

33,395 6,680 5,650 1,029 0 26,715 1,821

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

6,064 4,140 2,386 1,754 521 1,924 93

3,157 2,140 1,375 765 369 1,017 248

4,733 2,513 1,407 1,106 418 2,220 431

3,045 2,030 1,090 940 480 1,015 445

5,316 1,651 944 707 317 3,665 672

6,920 1,792 1,070 722 310 5,127 1,972

4,380 2,139 1,832 307 59 2,241 1,184

5,270 2,155 1,932 223 151 3,114 2,360

-2,457 1,520 -3,977 -1,877 168 -2,045 -2,100

39,789 757 39,032 6,535 1,360 5,175 32,497

-2,280 1,084 -3,364 13,146 -2,384 15,530 -16,510

43,521 716 42,805 -10,516 -707 -9,809 53,321

122,201 705 121,496 14,481 1,020 13,461 107,015

140,060 -1,453 141,513 12,126 -2,961 15,087 129,387

34,538 -1,083 35,621 2,940 -3,419 6,359 32,681

138,533 -2,934 141,467 26,341 13,126 13,215 115,126

38,399 6,912

94,959 20,569

150,490 8,464

147,356 29,117

240,537 31,357

279,762 5,308

241,544 29,903

273,189 32,595

1,183,809 292,111 277,904 20,198 5,237 168,278

2,240,794 809,731 701,218 47,566 8,832 821,514

4,550,407 1,605,353 1,227,941 72,637 22,694 1,949,260

4,981,701 1,368,583 1,156,985 105,948 22,903 2,416,044

5,904,606 1,790,140 1,593,015 159,637 33,440 2,866,079

7,251,604 2,134,931 2,023,344 204,476 40,483 3,202,789

8,187,349 2,355,310 2,143,352 171,845 39,221 3,331,120

9,196,168 2,548,141 2,356,600 206,381 38,819 3,839,548

49.9 12.3 9.1 115.5

34.7 12.5 3.4 292.2

23.6 8.3 2.1 515.0

32.6 9.0 2.9 541.8

31.3 9.5 3.4 512.0

33.3 9.8 3.5 450.9

31.9 9.2 3.2 443.7

34.3 9.5 1.5 439.1

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

1HW ¿QDQFLDO ÀRZV 1HW GHEW LQÀRZV Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

1HW HTXLW\ LQÀRZV Foreign direct investment Portfolio equity

5DWLRV External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

Notes: Long-term private nonguaranteed and short-term debt data are World Bank staff estimates based on reports provided by the country and market data.

COLOMBIA (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

33,159 30,139 2,871 0 149

37,162 30,823 6,176 0 163

46,245 40,436 5,633 0 176

53,045 47,875 4,013 0 1,157

63,815 54,765 7,912 0 1,137

76,902 65,172 10,596 0 1,134

79,871 68,403 10,334 0 1,135

91,978 78,878 11,963 0 1,137

30,139 19,880 6,805 13,075 8,201 10,259 762

30,823 21,834 9,834 12,000 10,927 8,989 370

40,436 28,624 13,386 15,238 12,280 11,812 809

47,875 35,126 14,984 20,142 17,159 12,749 2,709

54,765 36,688 16,151 20,537 17,686 18,078 3,329

65,172 39,244 16,683 22,561 20,099 25,928 6,049

68,403 43,706 19,695 24,011 21,729 24,697 8,649

78,878 50,428 20,688 29,740 25,555 28,451 10,125

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

3,753 2,889 610 2,279 1,804 865 ..

6,518 4,397 1,469 2,928 2,304 2,121 ..

7,083 3,851 2,555 1,296 1,000 3,232 ..

13,148 8,107 2,415 5,691 5,491 5,041 1,900

12,831 3,491 2,125 1,365 1,335 9,340 620

16,529 4,690 1,559 3,131 2,829 11,839 2,720

17,598 7,150 4,040 3,110 2,489 10,448 2,600

21,797 9,014 2,180 6,833 4,778 12,783 4,200

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

2,882 2,049 543 1,507 469 832 110

7,272 4,580 2,095 2,486 1,723 2,692 ..

4,733 2,028 742 1,286 953 2,705 ..

5,769 1,644 793 850 623 4,126 ..

6,430 2,183 981 1,202 983 4,248 ..

6,403 2,210 1,022 1,188 481 4,193 ..

11,361 2,788 1,067 1,721 847 8,573 ..

6,129 2,011 1,114 897 809 4,118 ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

1,948 1,330 458 872 515 618 84

2,513 1,875 502 1,374 1,284 637 36

2,722 2,066 615 1,451 1,112 656 68

2,694 1,976 573 1,403 1,073 718 129

2,824 2,117 540 1,577 1,282 707 221

3,187 2,087 516 1,571 1,315 1,100 308

3,640 2,145 531 1,614 1,395 1,495 461

3,329 2,155 558 1,597 1,392 1,174 385

-222 67 -290 804 772 32 -1,094

302 -626 928 -128 443 -571 1,056

2,822 1,813 1,009 537 9 527 472

5,758 1,622 4,137 5,757 4,841 916 -1,620

10,300 1,144 9,156 5,257 164 5,093 3,900

12,810 537 12,273 9,589 1,943 7,646 2,684

5,975 2,973 3,002 3,264 1,389 1,875 -262

17,297 1,066 16,231 14,602 5,937 8,665 1,629

2,436 17

10,267 86

10,135 -86

7,095 67

6,771 1,318

13,138 2,288

14,290 3,180

14,403 1,926

97,597 16,850 17,728 655 1,610 8,916

141,059 25,289 31,257 3,565 3,346 14,787

233,900 44,285 56,604 8,706 4,827 23,479

224,541 39,338 48,994 7,628 4,125 24,748

274,994 46,336 59,713 9,959 4,031 27,766

319,384 65,547 80,236 14,758 4,101 31,386

354,666 70,268 86,681 14,959 4,019 36,444

363,489 69,066 86,359 13,475 4,119 42,758

196.8 34.0 29.7 26.9

147.0 26.3 39.7 39.8

104.4 19.8 17.4 50.8

134.8 23.6 22.0 46.7

137.7 23.2 20.8 43.5

117.3 24.1 15.4 40.8

113.7 22.5 22.0 45.6

133.2 25.3 14.5 46.5

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

COMOROS (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

226.7 204.0 20.3 11.3 2.4

280.8 255.3 24.5 21.5 1.0

278.8 267.4 5.2 5.2 6.2

288.4 260.2 4.7 4.7 23.4

280.6 250.7 4.4 4.4 25.4

277.9 245.5 4.7 4.7 27.7

251.2 219.0 4.1 4.1 28.0

146.3 111.9 1.6 1.6 32.9

204.0 204.0 204.0 0.0 0.0 .. ..

255.3 255.3 255.3 0.0 0.0 .. ..

267.4 267.4 267.4 0.0 0.0 .. ..

260.2 260.2 260.2 0.0 0.0 .. ..

250.7 250.7 250.7 0.0 0.0 .. ..

245.5 245.5 245.5 0.0 0.0 .. ..

219.0 219.0 219.0 0.0 0.0 .. ..

111.9 111.9 111.9 0.0 0.0 .. ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

2.1 2.1 2.1 0.0 0.0 .. ..

3.3 3.3 3.3 0.0 0.0 .. ..

1.4 1.4 1.4 0.0 0.0 .. ..

0.3 0.3 0.3 0.0 0.0 .. ..

0.0 0.0 0.0 0.0 0.0 .. ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

1.2 1.2 1.2 0.0 0.0 .. ..

2.6 2.6 2.6 0.0 0.0 .. ..

8.1 8.1 8.1 0.0 0.0 .. ..

7.2 7.2 7.2 0.0 0.0 .. ..

3.1 3.1 3.1 0.0 0.0 .. ..

2.2 2.2 2.2 0.0 0.0 .. ..

5.1 5.1 5.1 0.0 0.0 .. ..

0.3 0.3 0.3 0.0 0.0 .. ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

0.8 0.8 0.8 0.0 0.0 .. ..

1.3 1.3 1.3 0.0 0.0 .. ..

4.2 4.2 4.2 0.0 0.0 .. ..

2.9 2.9 2.9 0.0 0.0 .. ..

1.1 1.1 1.1 0.0 0.0 .. ..

1.7 1.7 1.7 0.0 0.0 .. ..

2.3 2.3 2.3 0.0 0.0 .. ..

0.1 0.1 0.1 0.0 0.0 .. ..

2.3 0.3 2.0 .. .. .. 2.0

0.7 0.7 .. .. .. .. ..

-5.5 -1.5 -4.0 .. .. .. -4.0

-2.1 -2.1 .. .. .. .. ..

-0.7 -0.7 .. .. .. .. ..

0.2 0.2 .. .. .. .. ..

-4.9 -4.9 .. .. .. .. ..

4.4 4.4 .. .. .. .. ..

0.1 ..

0.6 ..

4.6 ..

13.8 ..

8.3 ..

23.1 ..

10.4 ..

13.9 ..

202.2 .. .. .. .. 43.2

385.9 44.7 108.2 .. .. 85.8

528.4 59.8 197.0 .. .. 112.2

534.7 60.7 193.5 .. .. 150.3

541.1 68.0 206.6 .. .. 145.3

608.6 79.1 233.7 .. .. 155.2

594.9 70.0 245.3 .. .. 194.1

656.7 .. .. .. .. 173.4

.. 112.1 .. 19.1

628.8 72.8 9.0 30.6

466.6 52.8 20.7 40.2

475.3 53.9 19.6 52.1

412.6 51.9 6.3 51.8

351.2 45.7 5.0 55.8

358.9 42.2 17.0 77.3

.. 22.3 .. 118.5

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

Notes: Data include the effects of Paris Club debt restructuring agreements signed in 2010 and 2013, and the HIPC debt relief.

CONGO, DEMOCRATIC REPUBLIC OF (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

11,805 7,880 3,421 3,042 503

10,715 9,403 397 359 914

12,322 10,862 673 467 787

13,083 10,880 603 489 1,601

6,188 4,597 481 267 1,110

5,531 4,022 250 73 1,258

5,591 4,103 229 71 1,260

6,082 4,373 446 71 1,262

7,880 7,880 7,384 496 3 .. ..

9,403 9,403 9,033 370 1 .. ..

10,862 10,862 10,511 351 0 .. ..

10,880 10,880 10,548 332 0 .. ..

4,597 4,597 4,472 126 0 .. ..

4,022 4,022 4,008 14 0 .. ..

4,103 4,103 4,075 27 0 .. ..

4,373 4,373 4,356 18 0 .. ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

0 0 0 0 0 .. ..

249 249 249 0 0 .. ..

110 110 110 0 0 .. ..

131 131 131 0 0 .. ..

78 78 58 20 0 .. ..

152 152 152 0 0 .. ..

242 242 226 17 0 .. ..

495 495 494 1 0 .. ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

0 0 0 0 0 .. ..

112 112 110 2 1 .. ..

170 170 163 7 0 .. ..

226 226 205 21 0 .. ..

89 89 85 4 0 .. ..

133 133 128 5 0 .. ..

108 108 105 4 0 .. ..

181 181 171 10 0 .. ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

0 0 0 0 0 .. ..

97 97 95 1 0 .. ..

275 275 272 3 0 .. ..

242 242 240 2 0 .. ..

125 125 124 0 0 .. ..

120 120 120 0 0 .. ..

168 168 168 0 0 .. ..

153 153 153 0 0 .. ..

20 0 20 .. .. .. 20

95 178 -83 -2 -2 .. -81

-171 -191 19 -7 -7 .. 26

-55 58 -113 -21 -21 .. -92

107 -8 116 16 16 .. 100

138 180 -42 -5 -5 .. -37

115 121 -6 13 13 .. -19

530 323 207 -10 -10 .. 217

72 ..

180 ..

1,727 ..

-243 ..

2,736 ..

1,687 ..

3,312 ..

2,098 ..

18,700 .. .. .. .. 83

11,458 2,756 3,892 .. 9 131

17,876 7,716 8,863 .. 15 78

17,477 5,047 7,571 .. 20 1,035

19,613 8,915 11,931 131 16 1,300

22,535 10,379 13,071 .. 115 1,268

25,857 8,840 11,703 .. 12 1,633

27,819 .. .. .. .. 1,678

.. 63.1 .. 0.7

388.8 93.5 7.9 1.2

159.7 68.9 7.7 0.6

259.2 74.9 12.4 7.9

69.4 31.6 3.1 21.0

53.3 24.5 2.5 22.9

63.2 21.6 3.2 29.2

.. 21.9 .. 27.6

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

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.

CONGO, REPUBLIC OF (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

4,865 3,735 1,076 655 54

6,258 5,471 747 736 40

5,488 5,071 364 227 53

4,939 4,610 162 95 168

2,406 2,063 193 76 150

2,638 2,329 155 61 155

2,829 2,492 185 60 152

3,452 3,075 228 69 148

3,735 3,735 2,920 815 0 .. ..

5,471 5,471 3,293 2,179 0 .. ..

5,071 5,071 3,964 1,107 454 .. ..

4,610 4,610 3,656 954 454 .. ..

2,063 2,063 1,224 840 454 .. ..

2,329 2,329 1,402 927 454 .. ..

2,492 2,492 1,479 1,013 449 .. ..

3,075 3,075 1,980 1,095 436 .. ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

1 1 1 0 0 .. ..

183 183 183 0 0 .. ..

19 19 14 5 0 .. ..

7 7 7 0 0 .. ..

504 504 502 2 0 .. ..

356 356 244 112 0 .. ..

472 472 251 221 0 .. ..

836 836 632 204 0 .. ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

6 6 6 0 0 .. ..

65 65 65 0 0 .. ..

107 107 79 27 24 .. ..

114 114 80 34 0 .. ..

116 116 104 12 0 .. ..

114 114 92 22 0 .. ..

141 141 106 35 5 .. ..

265 265 138 126 14 .. ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

7 7 7 0 0 .. ..

34 34 34 0 0 .. ..

57 57 57 0 0 .. ..

63 63 48 14 14 .. ..

23 23 9 14 14 .. ..

20 20 6 14 14 .. ..

23 23 7 16 14 .. ..

31 31 13 18 16 .. ..

-52 9 -61 .. .. .. -61

128 117 11 .. .. .. 11

-54 -64 10 -22 -22 .. 32

-174 -70 -104 -34 -34 .. -70

439 400 39 -11 -11 .. 50

224 158 66 89 89 .. -23

359 142 217 186 186 .. 31

601 489 112 78 78 .. 34

166 0

801 ..

2,526 ..

1,862 ..

2,211 ..

3,056 ..

2,758 ..

2,038 ..

2,275 2,642 2,013 466 10 222

4,032 4,983 4,318 1,296 11 732

8,768 .. .. .. .. 3,872

6,979 .. .. .. .. 3,806

9,024 .. .. .. .. 4,447

10,713 .. .. .. .. 5,641

10,832 .. .. .. .. 5,550

11,354 .. .. .. .. ..

184.1 213.8 1.7 4.6

125.6 155.2 2.3 11.7

.. 62.6 .. 70.5

.. 70.8 .. 77.1

.. 26.7 .. 184.8

.. 24.6 .. 213.8

.. 26.1 .. 196.1

.. 30.4 .. ..

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

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.

COSTA RICA (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

4,738 3,745 962 27 31

6,519 4,388 2,097 2 34

9,242 5,217 3,989 0 37

8,156 5,668 2,243 0 245

8,547 5,875 2,431 0 241

10,723 7,673 2,810 0 240

14,510 11,365 2,904 0 241

17,443 14,715 2,486 0 241

3,745 3,509 1,918 1,591 1,542 236 ..

4,388 3,157 1,366 1,791 1,669 1,231 ..

5,217 3,223 1,411 1,812 1,660 1,994 ..

5,668 3,208 1,578 1,630 1,435 2,459 ..

5,875 3,822 2,196 1,626 1,435 2,053 ..

7,673 3,968 2,196 1,773 1,435 3,704 ..

11,365 4,977 2,192 2,786 2,435 6,388 ..

14,715 7,470 1,933 5,537 5,185 7,246 ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

758 749 249 500 500 9 ..

986 75 75 0 0 910 ..

1,178 394 383 11 0 785 ..

1,329 559 419 141 75 770 ..

1,458 928 845 82 0 531 ..

1,878 773 269 504 250 1,105 ..

3,838 1,784 351 1,433 1,250 2,053 ..

5,936 3,648 418 3,230 3,000 2,288 ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

391 374 338 37 30 17 ..

569 365 306 59 41 204 ..

1,122 846 473 373 240 276 ..

856 573 250 323 300 284 ..

623 342 256 86 0 282 ..

1,176 641 283 357 250 536 ..

1,697 742 323 420 250 955 ..

2,262 1,125 646 479 250 1,137 ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

206 191 105 86 80 16 ..

179 105 62 43 39 74 ..

352 248 80 168 152 104 ..

366 218 77 142 131 147 ..

329 213 86 127 116 116 ..

415 200 85 115 105 215 ..

580 202 77 125 111 378 ..

683 253 70 183 169 430 ..

546 -88 634 455 463 -8 179

842 -231 1,072 647 -59 706 425

811 -91 902 147 -362 509 755

-1,272 169 -1,441 304 -182 486 -1,745

1,023 590 433 246 -4 249 188

1,081 -14 1,095 716 147 569 379

2,234 29 2,205 2,112 1,013 1,098 93

3,257 -228 3,484 3,902 2,751 1,150 -417

409 ..

575 ..

2,040 ..

1,521 ..

1,316 ..

1,465 ..

1,574 ..

2,527 ..

14,694 7,992 8,793 1,141 136 1,318

19,756 7,535 8,787 743 420 2,313

29,414 10,863 14,092 749 605 3,799

28,299 9,890 10,825 986 513 4,066

35,553 10,797 12,445 606 531 4,627

40,648 11,849 14,400 505 520 4,756

44,545 13,012 15,735 609 562 6,857

48,526 13,545 16,361 829 596 7,331

59.3 32.2 8.2 27.8

86.5 33.0 11.2 35.5

85.1 31.4 14.6 41.1

82.5 28.8 13.0 49.9

79.2 24.0 9.4 54.1

90.5 26.4 14.1 44.4

111.5 32.6 18.1 47.3

128.8 35.9 22.3 42.0

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

Notes: Long-term private nonguaranteed debt data are World Bank staff estimates based on reports provided by the country. Short-term debt before 2005 is based on data from the BIS, and 2013 is based on Central Bank data.

COTE D'IVOIRE (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

12,187 10,546 1,043 79 599

11,178 10,129 797 797 252

12,016 10,541 1,228 1,228 247

13,431 12,530 62 62 839

10,665 9,489 314 7 861

12,334 10,424 821 5 1,090

9,168 7,729 174 1 1,265

11,288 9,666 204 0 1,418

10,546 9,063 6,669 2,394 2,343 1,482 ..

10,129 9,228 6,977 2,252 2,159 900 ..

10,541 9,803 7,352 2,452 2,346 738 ..

12,530 11,682 9,690 1,992 1,931 848 ..

9,489 8,472 8,426 46 0 1,018 ..

10,424 9,092 9,023 68 0 1,332 ..

7,729 5,239 4,017 1,222 0 2,490 ..

9,666 7,599 4,969 2,630 0 2,067 ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

148 148 148 0 0 .. ..

55 21 21 0 0 34 ..

310 35 35 0 0 275 ..

423 103 103 0 0 320 ..

715 360 334 26 0 355 ..

1,243 840 806 34 0 402 ..

2,104 1,284 106 1,178 0 820 ..

3,273 3,273 1,830 1,443 0 .. ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

442 329 283 46 46 113 ..

164 21 21 0 0 143 ..

782 586 586 0 0 196 ..

696 531 531 0 0 165 ..

615 430 430 0 0 185 ..

561 341 332 9 0 220 ..

565 299 290 10 0 266 ..

966 542 507 35 0 423 ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

462 342 189 153 153 120 ..

46 3 3 0 0 43 ..

216 183 183 0 0 33 ..

287 240 240 0 0 48 ..

113 57 57 0 0 56 ..

130 60 59 0 0 70 ..

169 50 50 0 0 119 ..

291 200 55 145 0 91 ..

-617 -174 -442 -159 -46 -113 -283

-307 -90 -217 -109 0 -109 -108

-452 -531 79 79 .. 79 0

-116 -271 155 155 .. 155 ..

452 -51 503 196 26 170 307

1,429 713 716 207 25 182 509

1,068 -12 1,079 1,722 1,168 554 -643

2,487 1,471 1,015 984 1,408 -423 31

235 1

302 14

431 2

400 2

371 2

302 ..

322 ..

371 ..

9,715 4,512 4,423 284 119 674

15,643 8,717 8,215 370 163 1,367

22,434 11,643 10,859 581 199 2,253

22,055 12,562 10,845 572 315 3,267

21,923 12,811 11,907 562 373 3,624

23,035 13,868 10,672 .. .. 4,316

23,683 .. .. .. .. 3,928

29,796 .. .. .. .. 4,243

270.1 125.4 22.7 5.5

128.2 71.5 3.5 12.2

103.2 53.6 9.0 18.7

106.9 60.9 9.0 24.3

83.2 48.6 5.8 34.0

88.9 53.5 5.2 35.0

.. 38.7 .. 42.8

.. 37.9 .. 37.6

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

Notes: Long-term public and publicly guaranteed debt data for 2012 are World Bank staff estimates based on the original terms of the loans. Long-term private nonguaranteed debt data are World Bank staff estimates. Short-term debt is based on data from the BIS. Data include the effects of Paris Club agreement signed in 2011, 2012 and HIPC and MDRI debt relief.

DJIBOUTI (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

298.6 238.3 45.4 6.4 14.9

485.1 376.9 87.9 8.9 20.4

843.3 678.3 145.7 0.7 19.2

894.1 735.3 119.3 2.3 39.5

769.7 619.7 114.5 0.5 35.5

775.9 650.6 85.6 0.6 39.7

807.7 641.9 108.3 1.3 57.5

832.8 672.8 102.4 1.4 57.6

238.3 238.3 238.3 0.0 0.0 .. ..

376.9 376.9 371.3 5.6 0.0 .. ..

678.3 678.3 651.0 27.4 0.0 .. ..

735.3 735.3 711.1 24.2 0.0 .. ..

619.7 619.7 599.3 20.4 0.0 .. ..

650.6 650.6 633.4 17.2 0.0 .. ..

641.9 641.9 628.1 13.8 0.0 .. ..

672.8 672.8 662.4 10.4 0.0 .. ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

7.7 7.7 7.7 0.0 0.0 .. ..

26.5 26.5 26.5 0.0 0.0 .. ..

45.9 45.9 45.9 0.0 0.0 .. ..

67.4 67.4 67.4 0.0 0.0 .. ..

35.2 35.2 35.2 0.0 0.0 .. ..

55.7 55.7 55.7 0.0 0.0 .. ..

25.2 25.2 25.2 0.0 0.0 .. ..

64.0 64.0 64.0 0.0 0.0 .. ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

8.4 8.4 8.4 0.0 0.0 .. ..

11.0 11.0 11.0 0.0 0.0 .. ..

17.5 17.5 13.6 3.9 0.0 .. ..

22.3 22.3 17.3 5.1 0.0 .. ..

22.2 22.2 19.8 2.4 0.0 .. ..

24.8 24.8 21.9 2.9 0.0 .. ..

30.8 30.8 27.3 3.5 0.0 .. ..

31.7 31.7 28.1 3.7 0.0 .. ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

2.2 2.2 2.2 0.0 0.0 .. ..

3.7 3.7 3.7 0.0 0.0 .. ..

7.7 7.7 7.2 0.5 0.0 .. ..

8.1 8.1 7.6 0.6 0.0 .. ..

8.2 8.2 7.5 0.6 0.0 .. ..

9.2 9.2 8.5 0.7 0.0 .. ..

9.3 9.3 8.8 0.5 0.0 .. ..

9.5 9.5 9.1 0.4 0.0 .. ..

39.7 0.7 39.0 .. .. .. 39.0

56.7 14.7 42.0 .. .. .. 42.0

29.2 34.1 -4.9 -3.9 -3.9 .. -1.0

15.1 48.2 -33.1 -5.1 -5.1 .. -28.0

6.6 12.0 -5.4 -2.4 -2.4 .. -3.0

6.2 38.2 -31.9 -2.9 -2.9 .. -29.0

34.1 15.7 18.5 -3.5 -3.5 .. 22.0

26.3 35.9 -9.7 -3.7 -3.7 .. -6.0

3.3 ..

22.2 ..

227.7 ..

96.9 ..

36.5 ..

79.0 ..

110.0 ..

286.0 ..

567.0 218.4 287.1 4.2 12.3 67.8

775.8 319.8 372.3 5.9 25.8 89.3

.. 398.3 703.5 5.0 30.3 175.5

.. 422.7 580.0 6.5 32.5 241.8

.. 439.0 493.8 6.8 32.6 249.0

.. 440.3 686.3 18.0 32.4 244.1

.. 487.7 700.7 7.2 33.3 248.6

.. .. .. .. .. 425.0

136.7 52.7 6.9 22.7

151.7 62.5 5.6 18.4

211.7 .. 8.4 20.8

211.5 .. 8.5 27.0

175.3 .. 8.1 32.4

176.2 .. 8.6 31.5

165.6 .. 8.8 30.8

.. .. .. 51.0

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

Notes: Short-term debt is based on data from the BIS. Data include the effects of Paris Club debt restructuring agreement signed in 2008.

DOMINICA (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

183.3 163.6 19.0 0.0 0.8

277.4 224.4 40.6 8.6 12.4

304.4 205.4 83.0 17.0 15.9

270.9 201.1 37.9 17.9 31.9

250.5 218.8 1.5 1.5 30.2

263.6 230.7 5.6 1.5 27.3

287.9 255.8 5.6 1.5 26.6

292.9 263.6 5.5 1.5 23.8

163.6 163.6 114.3 49.2 49.2 .. ..

224.4 224.4 173.0 51.4 48.9 .. ..

205.4 205.4 156.8 48.6 44.0 .. ..

201.1 201.1 155.3 45.8 40.3 .. ..

218.8 218.8 173.0 45.8 40.3 .. ..

230.7 230.7 182.3 48.4 42.1 .. ..

255.8 255.8 216.6 39.2 11.5 .. ..

263.6 263.6 227.1 36.5 11.5 .. ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

56.2 56.2 25.7 30.5 30.5 .. ..

4.5 4.5 4.5 0.0 0.0 .. ..

8.0 8.0 6.2 1.9 0.1 .. ..

8.9 8.9 8.6 0.3 0.0 .. ..

29.7 29.7 29.7 0.0 0.0 .. ..

21.1 21.1 18.3 2.8 1.8 .. ..

36.3 36.3 36.3 0.0 0.0 .. ..

21.5 21.5 21.5 0.0 0.0 .. ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

6.8 6.8 6.8 0.0 0.0 .. ..

9.6 9.6 9.6 0.0 0.0 .. ..

12.9 12.9 12.9 0.0 0.0 .. ..

14.8 14.8 12.9 1.9 1.9 .. ..

9.8 9.8 9.8 0.1 0.0 .. ..

9.4 9.4 9.2 0.2 0.0 .. ..

7.8 7.8 7.6 0.2 0.0 .. ..

9.9 9.9 8.0 1.9 0.0 .. ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

3.1 3.1 2.9 0.2 0.2 .. ..

4.7 4.7 4.3 0.4 0.4 .. ..

4.3 4.3 4.1 0.3 0.3 .. ..

4.5 4.5 3.9 0.6 0.3 .. ..

4.3 4.3 3.8 0.5 0.4 .. ..

4.2 4.2 3.9 0.3 0.3 .. ..

7.8 7.8 4.2 3.7 2.7 .. ..

5.9 5.9 4.7 1.1 0.3 .. ..

49.5 18.8 30.7 30.5 30.5 .. 0.2

-37.0 -2.0 -35.0 0.0 0.0 .. -35.0

15.3 -3.5 18.9 1.9 1.9 .. 17.0

-47.6 0.0 -47.6 -1.6 -1.6 .. -46.0

-1.2 18.8 -20.0 0.0 0.0 .. -20.0

12.8 6.1 6.7 2.6 2.6 .. 4.1

27.7 27.9 -0.2 -0.2 -0.2 .. ..

8.7 10.8 -2.0 -1.9 -1.9 .. -0.1

17.6 ..

21.7 ..

45.1 ..

26.3 ..

10.0 ..

6.8 ..

15.7 ..

10.0 ..

285.1 149.2 227.1 33.0 16.3 29.4

332.6 135.3 231.0 22.7 21.8 49.2

433.7 165.1 314.1 12.5 22.7 55.2

468.9 154.5 284.7 13.4 22.1 75.5

465.6 180.2 280.1 7.8 22.9 76.1

480.7 195.9 280.3 5.0 22.9 81.1

477.4 165.0 274.0 5.1 23.2 94.6

493.3 174.3 267.7 5.4 23.6 87.1

122.9 64.3 7.4 16.0

205.0 83.4 12.1 17.7

184.3 70.2 11.6 18.1

175.3 57.8 13.5 27.9

139.0 53.8 8.6 30.4

134.6 54.8 8.5 30.8

174.5 60.3 11.9 32.8

168.1 59.4 10.7 29.7

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

DOMINICAN REPUBLIC (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

4,652 3,381 1,178 28 93

7,752 6,419 887 20 446

10,609 8,129 1,940 3 541

11,851 9,003 1,755 0 1,094

13,497 10,281 1,754 0 1,461

15,096 11,673 1,800 0 1,623

22,100 18,834 1,753 0 1,513

23,831 20,761 1,753 0 1,317

3,381 3,381 2,625 756 506 .. ..

6,419 6,418 3,257 3,160 1,147 2 ..

8,129 7,285 4,458 2,828 1,201 843 843

9,003 8,160 5,505 2,655 1,076 843 843

10,281 9,439 6,376 3,063 1,721 843 843

11,673 10,760 7,119 3,641 2,412 913 843

18,834 11,982 8,159 3,823 2,412 6,852 1,137

20,761 14,177 9,088 5,088 3,834 6,584 887

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

314 314 150 164 0 .. ..

665 664 372 292 0 2 ..

1,310 1,310 1,023 287 0 .. ..

1,481 1,481 1,392 89 0 .. ..

2,111 2,111 1,176 935 750 .. ..

2,165 2,120 1,117 1,003 750 45 ..

2,840 1,843 1,458 385 0 998 550

3,558 3,112 1,554 1,558 1,500 446 ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

264 264 223 40 4 .. ..

462 462 184 278 20 .. ..

823 823 311 512 125 1 ..

896 896 354 541 125 0 ..

798 798 311 487 105 0 ..

796 788 376 412 58 8 ..

1,521 624 407 217 0 897 431

1,642 928 608 319 78 714 250

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

211 211 159 53 38 .. ..

212 212 109 103 16 0 ..

448 339 136 204 125 108 108

433 325 150 174 113 108 108

444 336 156 181 134 108 108

584 473 176 297 249 111 108

919 448 198 250 198 471 90

958 484 204 280 230 475 95

316 -73 389 124 124 .. 265

400 407 -7 16 14 2 -23

-90 670 -759 -225 -225 -1 -534

664 1,299 -635 -453 -452 0 -182

1,695 1,247 448 448 449 0 -1

1,586 912 674 628 591 37 46

1,163 941 222 269 168 101 -47

1,718 748 971 971 1,239 -268 0

953 ..

1,172 ..

2,593 ..

1,070 ..

1,820 ..

2,198 ..

3,416 ..

1,600 ..

22,955 9,264 12,193 1,068 1,839 627

32,069 8,013 11,183 1,765 2,719 1,920

43,982 9,999 18,031 1,669 3,606 2,679

44,728 8,444 13,986 1,518 3,415 3,560

49,319 13,525 20,983 1,698 3,887 3,849

53,354 14,889 23,081 1,949 4,241 4,086

56,713 15,754 23,634 1,972 4,262 3,528

57,806 16,851 23,463 2,670 4,486 4,679

50.2 20.3 5.7 13.5

96.7 24.2 9.1 24.8

106.1 24.1 15.1 25.2

140.4 26.5 16.7 30.0

99.8 27.4 10.5 28.5

101.4 28.3 10.8 27.1

140.3 39.0 16.5 16.0

141.4 41.2 16.8 19.6

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

Notes: Long-term private nonguaranteed debt data before 2013 only cover Inter-American Development Bank and Bonds. Short-term debt before 2009 is based on data from the BIS. Data include the effects of Paris Club debt restructuring agreement signed in 2005.

ECUADOR (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

13,338 12,350 797 3 191

17,408 15,564 1,719 1 125

15,818 14,084 1,683 31 51

13,263 11,426 1,386 37 452

14,963 13,715 804 37 444

16,497 15,309 745 46 443

16,931 15,815 673 44 443

20,280 19,182 653 43 444

12,350 10,915 5,922 4,993 3,950 1,435 ..

15,564 10,896 5,993 4,902 4,600 4,668 ..

14,084 10,095 6,006 4,088 3,860 3,990 ..

11,426 6,960 5,895 1,065 873 4,466 ..

13,715 8,633 7,610 1,023 868 5,082 ..

15,309 9,929 8,939 990 868 5,380 ..

15,815 10,065 9,106 959 868 5,750 ..

19,182 12,028 10,997 1,031 868 7,154 ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

983 602 531 71 0 381 ..

3,154 991 318 674 650 2,162 ..

1,369 353 343 10 0 1,016 ..

1,180 384 382 2 0 796 ..

2,977 2,307 2,305 2 0 670 ..

3,370 2,342 2,342 1 0 1,028 ..

2,322 1,336 1,336 0 0 986 ..

5,608 3,145 3,044 101 0 2,463 ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

1,067 550 399 151 0 517 ..

3,048 923 803 120 0 2,125 ..

1,485 964 915 49 0 521 ..

4,187 3,529 503 3,025 2,987 659 ..

1,260 637 593 44 6 623 ..

1,837 1,048 1,015 33 0 789 ..

1,894 1,174 1,143 31 0 720 ..

2,263 1,172 1,142 30 0 1,091 ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

708 536 296 240 140 172 ..

843 658 275 383 367 185 ..

847 656 311 345 331 191 ..

521 330 227 103 91 191 ..

464 326 255 71 61 139 ..

534 361 292 69 61 174 ..

674 481 414 67 61 193 ..

839 647 575 72 61 192 ..

-189 282 -471 -216 -80 -136 -254

-235 -680 445 590 553 37 -145

-334 -572 238 456 -39 495 -218

-3,310 -121 -3,189 -2,886 -3,023 138 -303

1,135 1,712 -577 5 -42 47 -582

1,466 1,326 139 207 -33 239 -68

358 194 164 235 -31 266 -71

3,327 1,901 1,426 1,444 72 1,372 -18

-23 0

519 2

527 1

534 2

478 0

580 2

528 5

703 ..

16,916 6,163 6,403 329 1,322 947

39,692 11,693 13,880 1,004 2,460 1,714

60,330 21,218 22,692 785 3,089 3,738

61,239 15,854 18,366 821 2,742 2,873

66,474 19,686 23,757 546 2,599 1,435

75,547 24,754 27,700 701 2,681 1,664

82,734 26,569 29,231 676 2,456 1,080

88,650 .. .. .. .. 3,328

216.4 78.8 30.6 7.1

148.9 43.9 35.9 9.8

74.6 26.2 11.1 23.6

83.7 21.7 30.2 21.7

76.0 22.5 9.1 9.6

66.6 21.8 9.7 10.1

63.7 20.5 9.8 6.4

.. 22.9 .. 16.4

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

Notes: Short-term debt is World Bank staff estimates based on Central Bank data.

EGYPT, ARAB REPUBLIC OF (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

29,178 24,897 4,104 0 177

29,948 28,098 1,656 2 194

33,574 30,522 2,842 0 209

35,068 31,098 2,561 0 1,408

36,542 32,009 3,149 0 1,384

35,147 30,742 3,026 0 1,379

39,998 31,960 6,657 0 1,381

44,430 40,230 2,816 0 1,384

24,897 24,325 23,785 540 0 573 100

28,098 28,005 25,777 2,228 1,250 93 ..

30,522 30,442 28,100 2,341 1,893 80 ..

31,098 31,024 28,675 2,350 1,883 74 ..

32,009 31,955 28,236 3,719 3,133 54 ..

30,742 30,726 27,454 3,272 2,750 16 ..

31,960 31,940 28,686 3,254 2,750 20 ..

40,230 40,218 34,007 6,211 5,850 12 ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

569 362 218 144 0 207 ..

3,090 3,090 1,114 1,976 1,250 .. ..

1,133 1,063 962 101 0 70 ..

2,131 2,122 2,016 107 0 9 ..

3,617 3,612 1,903 1,709 1,500 5 ..

1,510 1,480 1,459 21 0 30 ..

3,681 3,656 3,601 55 0 25 ..

11,100 11,083 7,958 3,125 3,100 17 ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

1,098 982 861 121 0 116 ..

1,573 1,573 1,344 229 0 .. ..

2,342 2,331 1,855 476 0 11 ..

2,050 2,030 1,911 119 0 20 ..

2,162 2,137 2,063 74 0 25 ..

2,650 2,582 2,122 460 383 68 ..

2,247 2,225 2,151 74 0 22 ..

2,616 2,591 2,413 178 0 25 ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

619 603 572 31 0 16 12

569 565 547 18 0 4 ..

802 799 714 85 56 3 ..

779 776 654 123 112 2 ..

735 734 581 152 140 1 ..

757 757 563 194 181 0 ..

719 719 557 161 147 0 ..

704 704 531 173 160 0 ..

-718 -643 -75 115 23 91 -189

1,453 -230 1,683 1,747 1,747 .. -64

-602 -893 292 -315 -375 59 607

-200 105 -305 -24 -13 -11 -281

2,043 -160 2,203 1,615 1,635 -20 588

-1,263 -663 -600 -477 -439 -38 -123

5,066 1,450 3,616 -15 -19 4 3,632

4,643 5,544 -901 2,940 2,947 -8 -3,841

1,235 269

.. 729

390 -674

1,008 393

1,360 1,724

540 -711

209 -983

202 ..

100,770 18,735 23,878 92 2,852 13,118

89,432 32,141 35,787 647 5,017 20,609

165,655 57,826 68,999 680 8,694 32,216

191,178 45,601 56,910 2,101 7,150 32,253

217,727 49,365 66,308 5,268 12,453 33,612

229,429 47,371 68,076 5,079 14,324 14,916

256,347 48,834 75,597 5,704 19,236 11,628

266,219 .. .. .. .. 13,608

155.7 29.0 9.8 45.0

93.2 33.5 6.9 68.8

58.1 20.3 5.6 96.0

76.9 18.3 6.4 92.0

74.0 16.8 6.1 92.0

74.2 15.3 7.5 42.4

81.9 15.6 6.6 29.1

.. 16.7 .. 30.6

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

EL SALVADOR (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

4,535 2,858 1,645 0 33

9,317 7,425 1,856 0 36

10,651 9,070 1,542 0 38

10,368 9,248 863 0 257

11,059 9,971 836 0 252

11,995 10,521 1,223 0 251

13,189 11,411 1,526 0 252

13,372 11,266 1,853 0 252

2,858 2,746 2,541 205 82 111 ..

7,425 4,802 3,083 1,719 1,636 2,622 ..

9,070 5,754 3,487 2,267 2,174 3,316 ..

9,248 6,109 3,845 2,264 2,174 3,139 ..

9,971 6,402 4,182 2,220 2,199 3,569 ..

10,521 6,537 4,301 2,237 2,217 3,983 ..

11,411 7,371 4,338 3,033 2,362 4,040 38

11,266 7,275 4,242 3,033 2,336 3,992 38

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

372 321 201 120 32 51 ..

1,222 682 337 345 343 540 ..

1,042 666 601 65 0 376 ..

1,216 910 910 0 0 306 ..

1,055 707 707 0 0 348 ..

874 476 476 0 0 398 ..

1,603 1,173 522 652 0 429 38

839 364 337 27 0 475 ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

163 130 126 4 0 33 ..

406 245 230 16 0 160 ..

490 351 347 4 0 139 ..

687 559 555 4 0 127 ..

604 455 388 68 0 149 ..

757 587 367 220 219 170 ..

628 453 452 1 0 175 ..

559 391 390 1 0 167 ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

140 133 124 9 8 7 ..

344 257 119 139 133 87 ..

484 369 136 232 232 116 ..

475 374 139 235 232 102 ..

465 350 117 233 232 115 ..

515 386 119 267 266 129 ..

503 373 121 252 251 130 ..

532 403 121 282 251 129 2

802 75 726 134 116 18 592

892 107 785 709 329 380 77

803 254 548 298 61 237 250

-150 354 -504 175 -4 178 -679

423 320 104 131 -68 199 -27

504 109 395 8 -220 229 387

1,278 70 1,208 904 650 254 304

607 -53 660 333 26 308 327

173 ..

512 ..

538 ..

241 ..

282 ..

169 ..

533 ..

108 ..

12,881 3,803 6,031 60 1,765 1,773

16,604 3,517 7,173 181 3,029 1,721

21,042 4,989 10,268 39 3,755 2,442

20,105 4,293 8,047 175 3,402 2,867

20,868 5,028 9,190 190 3,472 2,568

22,507 5,940 10,882 203 3,644 2,151

22,932 6,164 11,472 577 3,910 2,805

23,418 6,472 12,148 614 3,971 2,476

119.3 35.2 9.9 39.1

264.9 56.1 24.2 18.5

213.5 50.6 20.2 22.9

241.5 51.6 27.4 27.7

220.0 53.0 21.5 23.2

201.9 53.3 21.6 17.9

214.0 57.5 18.6 21.3

206.6 57.1 17.1 18.5

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

Notes: Long-term private nonguaranteed debt data from 2005 are World Bank staff estimates based on reports provided by the country.

ERITREA (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

329.7 298.0 12.0 2.0 19.8

757.2 723.0 12.6 1.6 21.7

997.8 957.0 17.5 4.5 23.3

1,050.7 1,013.0 13.9 5.9 23.8

1,041.5 1,002.0 16.2 6.2 23.3

1,055.2 1,013.6 18.4 7.4 23.3

994.1 952.1 18.6 12.6 23.3

945.5 895.9 26.3 16.3 23.3

298.0 298.0 298.0 0.0 0.0 .. ..

723.0 723.0 690.1 32.9 0.0 .. ..

957.0 957.0 917.4 39.5 0.0 .. ..

1,013.0 1,013.0 972.1 40.9 0.0 .. ..

1,002.0 1,002.0 964.1 38.0 0.0 .. ..

1,013.6 1,013.6 976.9 36.8 0.0 .. ..

952.1 952.1 914.7 37.5 0.0 .. ..

895.9 895.9 856.7 39.2 0.0 .. ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

50.7 50.7 50.7 0.0 0.0 .. ..

70.6 70.6 70.6 0.0 0.0 .. ..

104.9 104.9 104.1 0.8 0.0 .. ..

57.6 57.6 57.6 0.0 0.0 .. ..

8.6 8.6 8.6 0.0 0.0 .. ..

24.2 24.2 24.2 0.0 0.0 .. ..

26.8 26.8 26.8 0.0 0.0 .. ..

26.7 26.7 26.7 0.0 0.0 .. ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

0.5 0.5 0.5 0.0 0.0 .. ..

11.8 11.8 11.8 0.0 0.0 .. ..

6.5 6.5 6.5 0.0 0.0 .. ..

11.3 11.3 11.3 0.0 0.0 .. ..

13.3 13.3 13.3 0.0 0.0 .. ..

14.0 14.0 14.0 0.0 0.0 .. ..

86.0 86.0 86.0 0.0 0.0 .. ..

81.1 81.1 81.1 0.0 0.0 .. ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

2.5 2.5 2.5 0.0 0.0 .. ..

8.4 8.4 8.4 0.0 0.0 .. ..

9.1 9.1 9.1 0.0 0.0 .. ..

10.3 10.3 10.3 0.0 0.0 .. ..

9.3 9.3 9.3 0.0 0.0 .. ..

7.9 7.9 7.9 0.0 0.0 .. ..

8.5 8.5 8.3 0.2 0.0 .. ..

6.4 6.4 6.2 0.2 0.0 .. ..

60.2 50.2 10.0 .. .. .. 10.0

38.9 58.9 -20.0 .. .. .. -20.0

98.3 97.5 0.8 0.8 0.8 .. ..

41.3 46.3 -5.0 .. .. .. -5.0

-2.7 -4.7 2.0 .. .. .. 2.0

11.2 10.2 1.0 .. .. .. 1.0

-64.3 -59.3 -5.0 .. .. .. -5.0

-50.4 -54.4 4.0 .. .. .. 4.0

27.9 ..

1.4 ..

39.0 ..

91.0 ..

39.0 ..

41.4 ..

43.9 ..

706.8 106.9 510.3 4.4 3.3 25.5

1,089.0 .. .. .. .. 27.9

1,368.4 .. .. .. .. 57.9

1,840.5 .. .. .. .. 90.0

2,097.4 .. .. .. .. 114.1

2,584.2 .. .. .. .. 114.8

3,063.9 .. .. .. .. ..

3,412.9 .. .. .. .. ..

308.5 46.6 4.3 7.7

.. 69.5 .. 3.7

.. 72.9 .. 5.8

.. 57.1 .. 8.6

.. 49.7 .. 11.0

.. 40.8 .. 10.9

.. 32.4 .. ..

.. 27.7 .. ..

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

Notes: Long-term public and publicly guaranteed debt from 2010 are World Bank staff estimates. Short-term debt is based on data from the BIS.

ETHIOPIA (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

5,509 5,339 79 65 92

6,224 5,928 120 36 176

2,896 2,829 50 32 17

5,232 4,819 45 32 368

7,347 6,547 314 30 485

8,604 7,945 175 30 484

10,462 9,941 37 26 484

12,557 11,886 186 28 485

5,339 5,339 5,226 113 0 .. ..

5,928 5,928 5,564 364 0 .. ..

2,829 2,829 2,590 239 0 .. ..

4,819 4,819 3,556 1,263 0 .. ..

6,547 6,547 4,638 1,909 0 .. ..

7,945 7,945 5,685 2,259 0 .. ..

9,941 9,941 7,218 2,723 0 .. ..

11,886 11,886 8,980 2,905 0 .. ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

185 185 184 2 0 .. ..

527 527 400 127 0 .. ..

379 379 379 0 0 .. ..

2,148 2,148 1,098 1,050 0 .. ..

1,760 1,760 1,021 739 0 .. ..

1,693 1,693 1,157 537 0 .. ..

2,309 2,309 1,645 664 0 .. ..

2,399 2,399 1,889 510 0 .. ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

72 72 62 10 0 .. ..

36 36 25 11 0 .. ..

72 72 39 33 0 .. ..

62 62 34 27 0 .. ..

130 130 39 91 0 .. ..

259 259 80 179 0 .. ..

328 328 122 206 0 .. ..

503 503 162 341 0 .. ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

52 52 48 4 0 .. ..

49 49 40 10 0 .. ..

39 39 27 11 0 .. ..

40 40 33 8 0 .. ..

50 50 35 15 0 .. ..

91 91 52 38 0 .. ..

103 103 58 46 0 .. ..

159 159 96 63 0 .. ..

90 109 -19 -8 -8 .. -11

478 371 107 116 116 .. -9

309 340 -32 -33 -33 .. 1

2,246 1,228 1,018 1,023 1,023 .. -5

2,023 1,105 918 647 647 .. 271

1,295 1,077 219 358 358 .. -139

1,847 1,524 324 458 458 .. -134

2,043 1,727 316 169 169 .. 147

135 ..

265 ..

109 ..

221 ..

288 ..

627 ..

279 ..

953 ..

8,031 1,008 1,673 9 53 306

12,138 1,973 4,943 21 174 1,043

26,591 3,533 9,634 17 387 871

31,801 3,436 9,086 18 262 1,781

29,277 4,652 9,982 35 345 ..

31,298 5,824 11,736 23 513 ..

42,709 6,003 14,235 6 624 ..

46,772 .. .. .. .. ..

546.3 68.6 13.7 5.6

315.5 51.3 4.8 16.8

82.0 10.9 3.1 30.1

152.3 16.5 3.0 34.0

157.9 25.1 3.9 ..

147.7 27.5 6.1 ..

174.3 24.5 7.2 ..

.. 26.8 .. ..

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

Notes: Short-term debt is based on data from the BIS. Data include the effects of HIPC and MDRI debt relief.

FIJI (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

181.7 172.4 0.2 0.2 9.1

195.7 185.4 0.4 0.4 9.9

390.6 360.5 19.4 0.4 10.7

535.9 360.7 70.1 0.1 105.2

553.2 388.8 61.1 0.1 103.3

859.4 544.3 212.1 0.1 103.0

730.6 609.4 18.1 0.1 103.1

797.5 654.6 39.6 0.6 103.3

172.4 172.4 172.4 0.0 0.0 .. ..

185.4 185.4 185.4 0.0 0.0 .. ..

360.5 360.1 210.1 150.0 150.0 0.4 ..

360.7 360.1 210.1 150.0 150.0 0.5 ..

388.8 388.3 238.3 150.0 150.0 0.5 ..

544.3 543.8 293.8 250.0 250.0 0.5 ..

609.4 608.9 358.9 250.0 250.0 0.5 ..

654.6 654.1 404.1 250.0 250.0 0.5 ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

7.1 7.1 7.1 0.0 0.0 .. ..

14.1 14.1 14.1 0.0 0.0 .. ..

13.4 13.2 13.2 0.0 0.0 0.2 ..

15.2 15.0 15.0 0.0 0.0 0.3 ..

32.6 32.6 32.6 0.0 0.0 0.0 ..

315.4 315.4 65.4 250.0 250.0 0.0 ..

78.3 78.2 78.2 0.0 0.0 0.1 ..

60.5 60.4 60.4 0.0 0.0 0.0 ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

16.9 16.9 16.9 0.0 0.0 .. ..

8.5 8.5 8.5 0.0 0.0 .. ..

7.8 7.7 7.7 0.0 0.0 0.0 ..

10.4 10.3 10.3 0.0 0.0 0.0 ..

9.1 9.1 9.1 0.0 0.0 0.0 ..

163.6 163.6 13.6 150.0 150.0 0.1 ..

11.2 11.2 11.2 0.0 0.0 0.1 ..

15.1 15.0 15.0 0.0 0.0 0.1 ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

7.7 7.7 7.7 0.0 0.0 .. ..

5.5 5.5 5.5 0.0 0.0 .. ..

15.8 15.8 5.5 10.3 10.3 0.0 ..

14.4 14.4 4.1 10.3 10.3 0.0 ..

13.3 13.3 3.0 10.3 10.3 0.0 ..

24.9 24.9 3.3 21.6 21.6 0.0 ..

26.7 26.7 4.2 22.5 22.5 0.0 ..

27.9 27.9 5.4 22.5 22.5 0.0 ..

-9.8 -9.8 0.0 0.0 0.0 .. ..

-47.5 5.5 -53.0 .. .. .. -53.0

2.6 5.5 -2.9 0.1 .. 0.1 -3.0

55.9 4.6 51.2 0.2 .. 0.2 51.0

14.5 23.5 -9.0 0.0 .. 0.0 -9.0

302.8 51.8 251.0 100.0 100.0 0.0 151.0

-126.9 67.1 -194.0 0.0 .. 0.0 -194.0

66.4 45.4 21.0 0.0 .. 0.0 21.0

0.6 ..

155.5 1.7

350.5 1.4

136.9 -1.1

350.3 0.1

404.6 -0.1

261.0 ..

272.1 ..

1,717.4 1,023.2 1,136.4 7.5 44.0 411.8

3,050.1 1,693.0 2,046.1 132.8 203.7 320.9

3,542.8 2,089.8 2,768.0 122.3 146.7 321.5

2,914.0 1,482.8 1,785.3 48.0 171.2 569.1

3,125.2 1,898.2 2,189.2 143.4 173.8 719.4

3,636.4 2,330.2 2,668.4 171.2 160.4 832.2

3,755.5 2,510.4 2,777.9 172.7 190.6 920.0

3,855.8 2,354.5 3,159.2 .. .. 940.9

17.8 10.6 2.4 226.7

11.6 6.4 0.8 164.0

18.7 11.0 1.2 82.3

36.1 18.4 1.7 106.2

29.1 17.7 1.2 130.0

36.9 23.6 8.2 96.8

29.1 19.5 1.5 125.9

33.9 20.7 1.9 118.0

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

Notes: Long-term private nonguaranteed debt data for 2012 are World Bank staff estimates. Short-term debt is based on data from the BIS.

GABON (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

3,920 3,457 355 63 107

3,898 3,564 246 186 88

2,153 2,016 115 5 22

2,324 1,991 104 1 230

2,524 2,128 170 0 226

2,798 2,388 185 0 225

2,870 2,533 111 0 225

4,316 3,817 273 0 226

3,457 3,457 3,338 119 0 .. ..

3,564 3,564 3,444 119 0 .. ..

2,016 2,016 954 1,062 946 .. ..

1,991 1,991 893 1,098 901 .. ..

2,128 2,128 884 1,244 879 .. ..

2,388 2,388 929 1,459 879 .. ..

2,533 2,533 981 1,552 875 .. ..

3,817 3,817 1,250 2,567 1,718 .. ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

34 34 13 21 0 .. ..

18 18 18 0 0 .. ..

107 107 62 45 0 .. ..

261 261 147 114 0 .. ..

466 466 189 276 0 .. ..

549 549 216 333 0 .. ..

385 385 165 221 0 .. ..

2,103 2,103 308 1,795 1,500 .. ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

188 188 160 27 0 .. ..

112 112 63 48 0 .. ..

2,246 2,246 2,185 61 0 .. ..

261 261 222 39 0 .. ..

291 291 171 120 23 .. ..

256 256 165 91 0 .. ..

259 259 118 142 4 .. ..

877 877 64 813 657 .. ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

124 124 118 7 0 .. ..

52 52 46 7 0 .. ..

359 359 274 85 80 .. ..

141 141 49 91 75 .. ..

131 131 32 99 74 .. ..

127 127 30 97 72 .. ..

130 130 28 102 73 .. ..

246 246 31 215 191 .. ..

-363 -140 -223 -7 -7 .. -216

-58 -70 12 -48 -48 .. 60

-2,268 -2,147 -121 -16 -16 .. -105

-7 -75 69 76 76 .. -7

242 19 223 156 156 .. 67

307 51 257 242 242 .. 15

52 47 5 79 79 .. -74

1,388 244 1,144 982 982 .. 162

-43 ..

321 ..

773 ..

573 ..

499 ..

696 ..

856 ..

4,289 3,547 2,483 473 6 190

7,708 5,639 3,387 765 11 669

13,836 .. .. .. .. 1,923

11,021 .. .. .. .. 1,993

12,870 .. .. .. .. 1,736

16,566 .. .. .. .. 2,157

16,042 .. .. .. .. 2,352

17,298 .. .. .. .. ..

110.5 91.4 9.9 4.8

69.1 50.6 3.4 17.2

.. 15.6 .. 89.3

.. 21.1 .. 85.8

.. 19.6 .. 68.8

.. 16.9 .. 77.1

.. 17.9 .. 81.9

.. 25.0 .. ..

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

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.

GAMBIA, THE (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

490.1 438.0 27.3 0.0 24.8

667.1 616.5 22.4 1.4 28.1

373.0 336.8 15.9 1.9 20.2

506.2 387.6 43.4 2.4 75.2

512.3 391.0 44.3 2.3 77.0

475.8 394.4 1.1 1.1 80.3

512.8 395.8 22.6 1.6 94.4

522.7 415.4 11.8 1.8 95.5

438.0 438.0 437.0 1.0 0.0 .. ..

616.5 616.5 616.5 0.0 0.0 .. ..

336.8 336.8 334.3 2.5 0.0 .. ..

387.6 387.6 384.2 3.4 0.0 .. ..

391.0 391.0 384.6 6.4 0.0 .. ..

394.4 394.4 390.3 4.1 0.0 .. ..

395.8 395.8 386.2 9.6 0.0 .. ..

415.4 415.4 404.4 11.0 0.0 .. ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

20.7 20.7 20.7 0.0 0.0 .. ..

54.3 54.3 54.3 0.0 0.0 .. ..

37.3 37.3 35.8 1.5 0.0 .. ..

33.5 33.5 32.7 0.8 0.0 .. ..

43.2 43.2 36.8 6.4 0.0 .. ..

24.3 24.3 24.3 0.0 0.0 .. ..

25.2 25.2 17.9 7.3 0.0 .. ..

40.0 40.0 36.9 3.1 0.0 .. ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

12.7 12.7 12.3 0.4 0.0 .. ..

16.1 16.1 15.8 0.3 0.0 .. ..

10.3 10.3 10.3 0.0 0.0 .. ..

11.3 11.3 11.3 0.0 0.0 .. ..

15.8 15.8 12.6 3.2 0.0 .. ..

18.5 18.5 16.2 2.2 0.0 .. ..

17.8 17.8 15.8 2.1 0.0 .. ..

20.1 20.1 17.9 2.2 0.0 .. ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

6.0 6.0 5.9 0.1 0.0 .. ..

9.4 9.4 9.4 0.0 0.0 .. ..

5.8 5.8 5.8 0.0 0.0 .. ..

7.0 7.0 7.0 0.0 0.0 .. ..

6.6 6.6 6.6 0.0 0.0 .. ..

6.3 6.3 6.2 0.1 0.0 .. ..

6.1 6.1 5.9 0.2 0.0 .. ..

5.1 5.1 4.9 0.1 0.0 .. ..

20.6 15.8 4.8 -0.4 -0.4 .. 5.2

33.2 36.5 -3.3 -0.3 -0.3 .. -3.0

26.3 31.8 -5.5 1.5 1.5 .. -7.0

64.9 37.1 27.8 0.8 0.8 .. 27.0

31.5 27.3 4.2 3.2 3.2 .. 1.0

-32.5 11.7 -44.2 -2.2 -2.2 .. -42.0

42.4 16.1 26.3 5.3 5.3 .. 21.0

9.7 19.8 -10.1 0.9 0.9 .. -11.0

.. ..

53.7 ..

78.6 ..

39.4 ..

37.4 ..

36.2 ..

33.5 ..

25.3 ..

752.7 .. .. .. .. 109.4

601.7 189.8 305.0 26.9 59.3 98.3

940.2 335.8 407.4 42.8 64.8 116.5

872.6 290.1 362.3 11.7 79.8 224.2

921.9 284.9 341.3 11.5 115.7 201.6

865.2 318.9 392.8 11.3 107.9 223.2

886.4 343.8 467.6 10.2 141.0 236.2

886.6 .. .. .. .. 210.6

.. 65.1 .. 22.3

351.5 110.9 15.1 14.7

111.1 39.7 5.1 31.2

174.5 58.0 6.5 44.3

179.8 55.6 8.1 39.4

149.2 55.0 7.9 46.9

149.2 57.9 7.1 46.1

.. 59.0 .. 40.3

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

Notes: Short-term debt is based on data from the BIS. Data include the effects of HIPC and MDRI debt relief.

GEORGIA (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

1,826 1,316 44 1 466

2,151 1,663 50 11 438

7,633 6,003 948 7 682

8,556 6,736 808 7 1,012

9,519 7,284 963 7 1,272

11,359 8,605 1,545 84 1,210

13,149 10,024 2,159 389 965

13,694 10,744 2,369 361 580

1,316 1,274 1,272 2 0 42 ..

1,663 1,531 1,529 2 0 132 ..

6,003 2,974 1,780 1,194 500 3,029 ..

6,736 3,529 2,155 1,375 500 3,207 ..

7,284 4,141 2,450 1,691 750 3,143 ..

8,605 4,343 2,706 1,637 815 4,262 ..

10,024 4,876 3,097 1,778 1,065 5,149 750

10,744 4,986 3,384 1,603 1,000 5,758 900

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

65 37 37 0 0 28 ..

146 76 76 0 0 69 ..

893 725 225 500 500 168 ..

1,147 678 427 250 0 469 ..

1,190 815 401 414 250 375 ..

1,785 843 343 500 500 942 ..

2,375 690 431 258 250 1,685 750

1,380 332 326 6 0 1,048 150

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

42 41 41 0 0 2 ..

103 80 80 0 0 23 ..

423 110 40 70 0 314 ..

474 140 70 70 0 334 ..

510 169 71 97 0 342 ..

1,199 620 67 553 435 579 ..

956 165 48 118 0 790 ..

940 238 56 182 65 702 ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

43 42 42 0 0 1 ..

28 24 24 0 0 4 ..

225 54 28 27 19 171 ..

251 77 31 45 38 174 ..

247 87 39 47 38 160 ..

307 139 35 104 94 167 ..

404 112 38 73 64 292 29

365 130 43 87 79 235 70

33 -29 62 26 .. 26 36

-30 -17 -14 46 0 47 -60

1,065 406 659 285 430 -145 374

846 670 176 316 181 136 -140

1,111 605 505 350 316 34 156

1,031 216 815 310 -53 363 505

1,484 139 1,345 1,036 141 895 309

295 -113 408 170 -176 347 238

131 ..

383 3

1,175 115

565 12

698 -22

840 -7

908 74

978 1

3,175 1,007 1,433 36 274 116

6,473 2,415 3,469 116 446 479

12,680 4,244 8,115 358 1,065 1,480

10,679 3,672 5,779 262 1,112 2,110

11,416 4,591 6,885 470 1,184 2,264

14,012 6,000 9,169 800 1,547 2,818

15,700 7,099 10,357 747 1,770 2,873

15,840 8,098 10,516 805 1,945 2,823

181.3 57.5 12.5 6.4

89.1 33.2 8.1 22.2

179.8 60.2 16.7 19.4

233.0 80.1 21.0 24.7

207.4 83.4 17.5 23.8

189.3 81.1 26.8 24.8

185.2 83.7 23.2 21.8

169.1 86.4 22.0 20.6

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

GHANA (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

6,254 5,307 572 10 375

7,168 6,045 616 38 507

5,679 4,074 1,346 8 259

7,182 5,024 1,332 50 826

9,300 6,100 2,263 27 937

11,282 7,386 2,795 105 1,101

12,568 8,701 2,614 143 1,253

15,832 11,039 3,570 231 1,223

5,307 5,050 4,705 345 0 257 250

6,045 6,045 5,495 551 0 .. ..

4,074 4,074 2,596 1,478 750 .. ..

5,024 5,024 3,325 1,699 750 .. ..

6,100 6,100 4,217 1,882 750 .. ..

7,386 7,386 5,133 2,253 750 .. ..

8,701 8,701 6,116 2,585 750 .. ..

11,039 11,039 6,902 4,137 1,531 .. ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

417 417 342 75 0 .. ..

558 558 484 74 0 .. ..

756 756 600 156 0 .. ..

1,006 1,006 726 279 0 .. ..

1,297 1,297 999 299 0 .. ..

1,534 1,534 1,025 509 0 .. ..

1,546 1,546 1,073 473 0 .. ..

2,807 2,807 900 1,907 1,000 .. ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

217 214 141 73 0 3 ..

188 188 127 61 0 .. ..

135 135 64 71 0 .. ..

136 136 56 80 0 .. ..

146 146 75 71 0 .. ..

198 198 88 109 0 .. ..

270 270 117 153 0 .. ..

563 563 163 401 219 .. ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

95 80 64 16 0 14 14

87 87 57 29 0 .. ..

129 129 34 95 64 .. ..

107 107 46 60 32 .. ..

159 159 72 87 64 .. ..

97 97 61 36 0 .. ..

170 170 79 91 32 .. ..

265 265 113 151 54 .. ..

62 199 -137 -1 2 -3 -136

269 365 -96 13 13 .. -109

704 536 168 85 85 .. 83

918 775 143 199 199 .. -56

2,230 1,048 1,182 228 228 .. 954

1,962 1,108 854 400 400 .. 454

1,206 1,106 101 320 320 .. -219

3,079 705 2,374 1,506 1,506 .. 868

166 ..

145 ..

1,429 ..

1,940 535

2,527 18

3,222 1

3,295 ..

3,226 ..

4,836 2,456 3,473 17 32 232

10,601 3,952 6,851 94 99 1,753

28,412 7,156 12,695 -80 126 1,770

25,885 7,735 11,710 495 114 3,386

31,640 9,490 14,560 396 136 4,763

38,309 14,712 20,813 1,062 152 5,483

39,594 16,858 24,186 1,915 138 5,368

46,796 16,490 24,134 .. .. 5,249

254.6 129.3 16.0 3.7

181.4 67.6 8.4 24.5

79.4 20.0 4.2 31.2

92.9 27.7 3.6 47.2

98.0 29.4 3.8 51.2

76.7 29.5 2.3 48.6

74.6 31.7 3.1 42.7

96.0 33.8 5.6 33.2

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

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 MDRI debt relief.

GRENADA (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

203.5 180.7 21.6 4.5 1.2

407.2 391.3 6.3 4.3 9.7

551.8 477.2 60.2 11.2 14.4

571.4 494.6 36.3 13.3 40.5

578.1 493.3 38.6 14.6 46.3

566.9 487.2 33.8 15.8 45.9

590.6 489.9 55.2 39.2 45.5

585.6 489.5 51.0 47.0 45.1

180.7 180.7 116.8 63.9 27.4 .. ..

391.3 391.3 172.4 218.9 214.3 .. ..

477.2 477.2 257.2 219.9 210.3 .. ..

494.6 494.6 274.6 219.9 210.3 .. ..

493.3 493.3 277.7 215.6 210.3 .. ..

487.2 487.2 273.2 214.0 210.3 .. ..

489.9 489.9 275.8 214.0 210.3 .. ..

489.5 489.5 275.5 214.0 210.3 .. ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

77.6 77.6 19.8 57.8 26.6 .. ..

38.5 38.5 38.5 0.0 0.0 .. ..

30.5 30.5 30.5 0.0 0.0 .. ..

25.7 25.7 25.7 0.0 0.0 .. ..

21.1 21.1 21.1 0.0 0.0 .. ..

6.3 6.3 6.3 0.0 0.0 .. ..

8.7 8.7 8.7 0.0 0.0 .. ..

28.3 28.3 28.3 0.0 0.0 .. ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

10.1 10.1 6.3 3.7 0.0 .. ..

5.6 5.6 5.3 0.4 0.0 .. ..

8.9 8.9 8.9 0.0 0.0 .. ..

9.4 9.4 9.4 0.0 0.0 .. ..

15.4 15.4 11.0 4.4 0.0 .. ..

13.5 13.5 10.6 2.9 0.0 .. ..

6.3 6.3 6.3 0.0 0.0 .. ..

28.9 28.9 28.9 0.0 0.0 .. ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

3.4 3.4 2.3 1.1 0.0 .. ..

3.3 3.3 3.3 0.0 0.0 .. ..

8.3 8.3 5.6 2.6 2.1 .. ..

11.1 11.1 5.8 5.4 5.1 .. ..

10.9 10.9 5.7 5.2 5.1 .. ..

11.5 11.5 6.4 5.1 5.1 .. ..

8.2 8.2 3.6 4.6 4.6 .. ..

5.9 5.9 5.8 0.0 0.0 .. ..

63.4 13.4 50.0 54.1 54.1 .. -4.1

-28.1 33.2 -61.4 -0.4 -0.4 .. -61.0

39.3 27.3 12.0 .. .. .. 12.0

0.0 26.0 -26.0 .. .. .. -26.0

13.1 16.5 -3.4 -4.4 -4.4 .. 1.0

-13.4 -4.5 -8.9 -2.9 -2.9 .. -6.0

-0.1 1.9 -2.0 .. .. .. -2.0

-13.1 -1.1 -12.0 .. .. .. -12.0

37.4 ..

49.6 ..

115.7 ..

82.8 ..

42.3 ..

29.4 ..

16.5 ..

58.0 ..

489.5 240.8 349.0 27.8 46.4 57.7

672.1 160.3 435.9 22.7 26.8 94.3

783.3 215.9 502.5 31.7 28.9 105.3

708.1 195.4 432.1 55.4 27.7 129.1

731.1 190.9 426.6 30.8 28.5 119.2

747.0 202.0 433.0 20.6 28.9 120.7

767.4 213.5 437.0 18.8 29.3 119.5

806.3 216.7 455.9 19.6 29.6 150.6

84.5 41.6 6.0 28.3

254.0 60.6 6.6 23.1

255.6 70.4 10.0 19.1

292.5 80.7 12.0 22.6

302.8 79.1 14.0 20.6

280.7 75.9 12.6 21.3

276.6 77.0 7.2 20.2

270.2 72.6 16.5 25.7

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%) Notes: Short-term debt is based on data from the BIS.

GUATEMALA (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

3,948 2,740 1,172 317 36

9,506 8,014 1,453 414 40

13,821 11,627 2,151 0 43

14,822 13,281 1,226 0 315

15,039 13,144 1,585 0 309

16,277 13,703 2,265 0 308

14,053 13,049 695 0 309

16,823 15,800 714 0 309

2,740 2,598 2,156 442 245 142 ..

8,014 3,720 2,484 1,237 1,105 4,294 50

11,627 4,383 3,427 955 955 7,245 55

13,281 4,923 3,968 955 955 8,358 5

13,144 5,555 4,600 955 955 7,589 5

13,703 5,349 4,719 630 630 8,354 155

13,049 6,298 4,968 1,330 1,330 6,751 355

15,800 7,058 5,311 1,748 1,730 8,741 355

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

220 220 220 0 0 .. ..

1,639 144 144 0 0 1,495 ..

958 396 396 0 0 562 5

941 807 807 0 0 135 ..

1,471 879 879 0 0 592 ..

1,025 393 393 0 0 633 150

1,748 1,247 547 700 700 502 200

3,375 1,392 674 718 700 1,983 ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

192 172 139 32 31 20 ..

570 200 199 1 0 371 ..

917 260 260 0 0 656 ..

1,086 269 269 0 0 817 50

949 264 264 0 0 685 ..

1,347 604 279 325 325 743 ..

853 273 273 0 0 580 ..

624 596 296 300 300 28 ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

153 134 112 23 22 19 ..

420 203 102 101 101 217 5

621 257 169 88 88 365 5

657 258 170 88 88 399 0

636 284 196 88 88 352 0

684 284 196 88 88 401 7

598 274 199 75 75 324 20

601 291 207 84 84 310 26

62 80 -18 -52 -32 -20 34

906 -56 961 1,124 -1 1,125 -163

188 136 52 -95 0 -95 147

-1,070 537 -1,607 -682 0 -682 -925

881 615 266 -93 0 -93 359

359 114 245 -435 -325 -110 680

-675 273 -948 622 700 -78 -1,570

2,770 378 2,392 2,373 418 1,955 19

230 ..

392 ..

679 ..

581 ..

907 ..

968 ..

1,026 ..

913 ..

19,065 4,077 5,991 248 596 1,746

26,726 7,069 11,886 370 3,067 3,664

38,199 10,548 16,888 886 4,460 4,462

36,632 9,792 14,145 951 4,019 4,964

40,127 11,165 16,674 1,001 4,232 5,637

46,004 13,171 19,904 1,453 4,524 5,835

49,091 12,985 19,939 1,112 5,031 6,325

52,557 13,168 20,631 1,020 5,371 7,002

96.8 20.7 9.7 44.2

134.5 35.6 14.8 38.5

131.0 36.2 15.3 32.3

151.4 40.5 18.0 33.5

134.7 37.5 14.4 37.5

123.6 35.4 15.7 35.8

108.2 28.6 11.7 45.0

127.8 32.0 9.5 41.6

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

Notes: Long-term private nonguaranteed debt data are World Bank staff estimates based on reports provided by the country. Short-term debt before 2012 is based on data from the BIS.

GUINEA (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

3,083 2,650 298 81 136

2,968 2,771 84 84 113

3,165 2,873 194 38 98

3,128 2,868 40 38 220

3,127 2,798 124 56 205

3,139 2,849 91 80 199

1,097 842 40 40 215

1,198 846 108 39 243

2,650 2,650 2,621 29 0 .. ..

2,771 2,771 2,740 31 0 .. ..

2,873 2,873 2,855 18 0 .. ..

2,868 2,868 2,850 19 0 .. ..

2,798 2,798 2,780 18 0 .. ..

2,849 2,849 2,831 18 0 .. ..

842 842 830 12 0 .. ..

846 846 834 12 0 .. ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

71 71 71 0 0 .. ..

93 93 92 1 0 .. ..

63 63 63 0 0 .. ..

42 42 42 0 0 .. ..

32 32 32 0 0 .. ..

33 33 33 0 0 .. ..

39 39 39 0 0 .. ..

54 54 54 0 0 .. ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

91 91 91 0 0 .. ..

84 84 84 0 0 .. ..

78 78 78 0 0 .. ..

77 77 77 0 0 .. ..

45 45 45 0 0 .. ..

133 133 133 0 0 .. ..

90 90 90 0 0 .. ..

50 50 50 0 0 .. ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

41 41 41 0 0 .. ..

45 45 45 0 0 .. ..

27 27 27 0 0 .. ..

24 24 24 0 0 .. ..

17 17 17 0 0 .. ..

31 31 31 0 0 .. ..

17 17 17 0 0 .. ..

9 9 9 0 0 .. ..

-41 -28 -13 0 0 .. -12

-17 -18 1 1 1 .. ..

105 -7 112 .. .. .. 112

-202 -48 -154 .. .. .. -154

42 -24 66 .. .. .. 66

-163 -106 -57 .. .. .. -57

-47 -36 -11 .. .. .. -11

100 31 69 .. .. .. 69

10 ..

105 ..

379 ..

141 ..

101 ..

955 ..

605 ..

25 ..

2,922 758 973 8 1 148

2,658 929 1,079 .. 42 95

3,993 1,455 1,911 14 62 3

4,108 1,144 1,581 88 52 129

4,302 1,549 1,892 0 46 116

4,625 1,528 2,829 26 65 103

5,220 2,118 3,289 39 66 ..

5,745 .. .. .. .. ..

406.9 105.5 20.7 4.8

319.5 111.7 16.8 3.2

217.5 79.3 8.8 0.1

273.4 76.2 10.1 4.1

201.9 72.7 4.7 3.7

205.4 67.9 11.2 3.3

51.8 21.0 7.0 ..

.. 20.8 .. ..

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

Notes: Long-term public and publicly guaranteed debt data are World Bank staff estimates based on the original terms of the loans. Short-term debt is based on data from the BIS. Data include the effects of Paris Club debt restructuring agreement signed in 2010, 2012 and HIPC debt relief.

GUINEA-BISSAU (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

947.8 821.1 100.4 87.4 26.3

1,021.7 887.8 120.7 118.7 13.2

1,098.3 941.4 146.5 144.5 10.5

1,149.0 963.3 154.5 147.5 31.3

1,128.6 977.3 126.6 125.6 24.7

283.7 218.5 33.1 33.1 32.0

279.5 213.4 34.1 33.1 32.0

277.4 212.2 33.1 33.1 32.1

821.1 821.1 821.1 0.0 0.0 .. ..

887.8 887.8 887.8 0.0 0.0 .. ..

941.4 941.4 941.4 0.0 0.0 .. ..

963.3 963.3 963.3 0.0 0.0 .. ..

977.3 977.3 977.3 0.0 0.0 .. ..

218.5 218.5 218.5 0.0 0.0 .. ..

213.4 213.4 213.4 0.0 0.0 .. ..

212.2 212.2 212.2 0.0 0.0 .. ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

13.6 13.6 13.6 0.0 0.0 .. ..

15.6 15.6 15.6 0.0 0.0 .. ..

7.6 7.6 7.6 0.0 0.0 .. ..

6.0 6.0 6.0 0.0 0.0 .. ..

4.0 4.0 4.0 0.0 0.0 .. ..

9.1 9.1 9.1 0.0 0.0 .. ..

2.7 2.7 2.7 0.0 0.0 .. ..

1.0 1.0 1.0 0.0 0.0 .. ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

2.6 2.6 2.4 0.2 0.0 .. ..

1.0 1.0 1.0 0.0 0.0 .. ..

4.1 4.1 4.1 0.0 0.0 .. ..

4.7 4.7 4.7 0.0 0.0 .. ..

5.8 5.8 5.8 0.0 0.0 .. ..

4.5 4.5 4.5 0.0 0.0 .. ..

6.3 6.3 6.3 0.0 0.0 .. ..

1.1 1.1 1.1 0.0 0.0 .. ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

1.6 1.6 1.6 0.0 0.0 .. ..

2.0 2.0 2.0 0.0 0.0 .. ..

3.4 3.4 3.4 0.0 0.0 .. ..

3.7 3.7 3.7 0.0 0.0 .. ..

3.3 3.3 3.3 0.0 0.0 .. ..

0.5 0.5 0.5 0.0 0.0 .. ..

0.6 0.6 0.6 0.0 0.0 .. ..

0.4 0.4 0.4 0.0 0.0 .. ..

29.4 19.6 9.8 -0.2 -0.2 .. 10.0

10.4 11.4 -1.0 .. .. .. -1.0

2.1 7.1 -5.0 .. .. .. -5.0

7.4 2.4 5.0 .. .. .. 5.0

-0.2 5.8 -6.0 .. .. .. -6.0

11.2 12.2 -1.0 .. .. .. -1.0

-2.7 -3.7 1.0 .. .. .. 1.0

-1.1 -0.1 -1.0 .. .. .. -1.0

0.7 ..

5.9 ..

5.1 ..

17.5 -0.2

33.2 2.7

25.0 ..

6.6 ..

14.5 ..

203.1 .. .. .. 8.0 66.8

561.4 95.2 156.9 .. 19.9 79.8

829.4 172.1 298.9 0.3 49.5 124.6

822.4 163.4 308.9 5.6 48.9 168.6

834.5 183.8 314.6 5.7 45.9 156.4

967.1 297.9 373.7 .. .. 220.0

821.5 156.3 290.5 .. .. 164.6

857.8 .. .. .. .. 186.3

.. 466.8 .. 7.0

1072.9 182.0 6.7 7.8

638.2 132.4 5.7 11.3

703.2 139.7 6.2 14.7

614.0 135.2 9.5 13.9

95.2 29.3 1.7 77.6

178.8 34.0 4.4 58.9

.. 32.3 .. 67.1

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

Notes: Long-term public and publicly guaranteed debt data 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.

GUYANA (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

1,384 1,129 119 67 136

1,237 1,043 82 82 112

850 675 96 96 79

1,172 781 196 97 195

1,485 885 410 103 190

1,846 1,054 609 107 182

1,974 1,215 588 111 171

2,303 1,116 1,027 111 160

1,129 1,125 1,080 45 27 4 ..

1,043 1,041 1,033 9 0 2 ..

675 675 654 21 0 0 ..

781 779 758 21 0 2 ..

885 885 864 21 0 0 ..

1,054 1,054 1,034 21 0 0 ..

1,215 1,215 1,194 21 0 .. ..

1,116 1,116 1,095 21 0 0 ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

64 64 64 0 0 .. ..

104 104 104 0 0 .. ..

138 138 138 0 0 .. ..

105 105 105 0 0 .. ..

123 123 123 0 0 0 ..

188 188 188 0 0 0 ..

279 279 279 0 0 .. ..

200 200 200 0 0 .. ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

23 22 22 0 0 0 ..

16 15 15 0 0 0 ..

16 16 16 0 0 .. ..

8 8 8 0 0 0 ..

16 16 16 0 0 .. ..

20 20 20 0 0 .. ..

119 119 119 0 0 .. ..

21 21 21 0 0 .. ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

26 26 26 0 0 0 ..

10 10 10 0 0 0 ..

10 10 10 0 0 .. ..

11 10 10 0 0 0 ..

11 11 11 0 0 .. ..

13 13 13 0 0 .. ..

14 14 14 0 0 .. ..

21 34 -14 0 0 0 -13

76 108 -32 -1 0 0 -31

122 122 .. .. .. .. ..

195 96 99 0 .. 0 99

314 106 208 0 .. 0 208

355 160 195 0 .. 0 195

124 149 -25 .. .. .. -25

607 168 439 0 0 .. 439

67 ..

18 ..

34 ..

31 ..

39 ..

46 ..

42 ..

29 ..

661 684 813 6 27 305

804 697 960 7 201 252

1,908 1,055 1,705 12 274 356

2,009 978 1,509 13 262 631

2,272 1,183 1,709 13 368 782

2,567 1,479 2,265 18 412 802

2,850 1,764 2,550 10 469 864

3,074 1,594 2,364 5 .. 784

202.4 209.5 10.2 22.0

177.5 153.7 5.0 20.4

80.6 44.6 2.5 41.9

119.8 58.3 2.1 53.9

125.5 65.4 2.7 52.7

124.8 71.9 3.1 43.4

111.9 69.3 8.6 43.8

144.5 74.9 4.9 34.0

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

Notes: Principal payment shown from 2012 include rice for oil deal. Data include the effects of HIPC and MDRI debt relief. Short-term debt is based on data from the BIS.

HAITI (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

1,203 1,056 90 1 57

1,347 1,278 28 15 41

1,964 1,838 0 0 126

1,448 1,158 0 0 291

953 818 0 0 135

750 602 0 0 148

1,122 953 0 0 169

1,271 1,092 0 0 178

1,056 1,056 1,056 0 0 .. ..

1,278 1,278 1,278 0 0 .. ..

1,838 1,838 1,838 0 0 .. ..

1,158 1,158 1,158 0 0 .. ..

818 818 818 0 0 .. ..

602 602 602 0 0 .. ..

953 953 953 0 0 .. ..

1,092 1,092 1,092 0 0 .. ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

51 51 51 0 0 .. ..

77 77 77 0 0 .. ..

348 348 348 0 0 .. ..

212 212 212 0 0 .. ..

284 284 284 0 0 .. ..

341 341 341 0 0 .. ..

347 347 347 0 0 .. ..

145 145 145 0 0 .. ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

19 19 19 0 0 .. ..

34 34 34 0 0 .. ..

26 26 26 0 0 .. ..

122 122 122 0 0 .. ..

2 2 2 0 0 .. ..

0 0 0 0 0 .. ..

5 5 5 0 0 .. ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

15 15 15 0 0 .. ..

17 17 17 0 0 .. ..

23 23 23 0 0 .. ..

15 15 15 0 0 .. ..

8 8 8 0 0 .. ..

3 3 3 0 0 .. ..

4 4 4 0 0 .. ..

20 26 -6 .. .. .. -6

21 55 -34 .. .. .. -34

364 364 .. .. .. .. ..

243 243 .. .. .. .. ..

286 286 .. .. .. .. ..

351 351 .. .. .. .. ..

369 369 .. .. .. .. ..

150 150 .. .. .. .. ..

13 ..

26 ..

30 ..

55 ..

178 ..

119 ..

156 ..

186 ..

.. 504 1,378 .. 578 182

4,228 605 1,888 .. 986 133

6,554 945 2,876 .. 1,370 541

6,597 1,065 2,823 .. 1,376 789

6,645 1,049 4,298 .. 1,474 1,335

7,558 1,356 4,437 .. 1,571 1,195

7,959 1,400 4,199 .. .. 1,284

8,521 1,608 4,435 .. .. 1,736

238.9 .. 9.2 15.1

222.6 31.9 9.5 9.9

207.8 30.0 6.1 27.6

136.0 22.0 4.2 54.4

90.8 14.3 12.5 140.1

55.3 9.9 0.4 159.2

80.1 14.1 0.3 114.5

79.0 14.9 0.6 136.6

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

1HW ¿QDQFLDO ÀRZV 1HW GHEW LQÀRZV Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

1HW HTXLW\ LQÀRZV Foreign direct investment Portfolio equity

5DWLRV External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

Notes: Short-term debt before 2007 is based on data from the BIS. Short-term debt since 2007 is based on reports provided by the country. Data include the effects of Paris Club restructuring agreements signed in 2006 and 2009, and HIPC and MDRI debt relief.

HONDURAS (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

5,478 4,863 374 35 241

5,170 4,654 321 12 195

3,489 2,963 466 3 61

3,806 3,330 249 10 226

3,977 3,382 374 11 220

4,388 3,905 267 6 215

5,055 4,444 402 6 209

6,831 6,116 512 4 203

4,863 4,303 4,201 102 0 560 ..

4,654 4,145 4,090 55 0 509 ..

2,963 2,306 2,269 37 0 657 ..

3,330 2,451 2,364 87 50 880 ..

3,382 2,803 2,719 84 50 579 ..

3,905 3,186 3,106 81 50 719 ..

4,444 3,646 3,544 102 50 798 ..

6,116 5,170 3,983 1,187 1,051 946 ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

347 163 159 4 0 184 ..

481 302 297 4 0 179 ..

649 431 430 1 0 218 ..

703 246 196 50 50 457 ..

904 452 452 0 0 452 ..

1,554 558 558 0 0 996 ..

1,348 513 493 20 0 835 ..

2,444 1,602 521 1,082 1,001 841 ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

259 93 91 1 0 166 ..

265 139 138 1 0 126 ..

277 54 53 1 0 223 ..

341 107 106 1 0 234 ..

452 62 61 1 0 390 ..

922 65 63 2 0 856 ..

824 58 58 0 0 766 ..

783 82 81 0 0 701 ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

108 77 76 0 0 31 ..

83 64 63 0 0 20 ..

77 49 49 0 0 27 ..

68 41 41 0 0 27 ..

56 46 46 0 0 10 ..

77 59 58 0 0 19 ..

89 70 70 0 0 19 ..

130 111 81 30 29 19 ..

42 84 -42 20 3 18 -63

155 159 -4 57 4 54 -61

523 377 146 -5 0 -6 151

139 90 49 272 49 223 -223

575 389 185 62 -1 62 124

526 490 36 138 -2 140 -102

652 428 223 89 20 69 134

1,768 433 1,335 1,222 1,081 141 113

382 ..

537 ..

1,046 ..

443 ..

469 ..

958 ..

1,006 ..

820 ..

6,885 4,001 5,047 160 484 1,313

9,219 3,817 6,016 479 1,805 2,327

13,385 5,013 10,116 534 2,821 2,473

14,299 4,318 7,514 602 2,477 2,086

15,110 4,993 8,557 681 2,618 2,671

16,769 6,290 10,836 910 2,811 2,750

17,279 6,747 11,568 1,220 2,920 2,495

17,239 6,433 11,431 1,169 3,136 2,982

136.9 79.6 9.9 24.0

135.5 56.1 10.0 45.0

69.6 26.1 7.4 70.9

88.1 26.6 9.6 54.8

79.6 26.3 10.3 67.2

69.8 26.2 16.0 62.7

74.9 29.3 13.7 49.4

106.2 39.6 14.4 43.7

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

Notes: Data include the effects of HIPC and MDRI debt relief.

HUNGARY (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

30,754 25,310 4,152 0 1,291

86,226 66,184 18,626 0 1,416

222,899 186,755 28,125 0 8,019

239,941 197,704 28,711 0 13,526

215,935 169,850 32,798 0 13,287

210,824 165,937 31,641 0 13,246

201,380 170,323 22,745 0 8,311

196,739 172,268 22,945 0 1,526

25,310 14,296 1,860 12,437 10,680 11,014 188

66,184 33,675 2,401 31,274 28,727 32,509 1,388

186,755 50,026 8,640 41,386 38,454 136,729 10,655

197,704 54,802 16,155 38,647 36,254 142,902 9,095

169,850 53,981 17,523 36,458 34,387 115,870 6,535

165,937 52,739 15,085 37,654 36,111 113,198 3,650

170,323 63,100 16,053 47,046 45,529 107,224 3,751

172,268 65,306 16,152 49,154 47,764 106,962 3,750

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

6,283 1,115 133 982 670 5,168 ..

26,467 6,254 623 5,631 4,961 20,213 997

112,009 8,346 6,582 1,764 0 103,663 2,155

105,860 8,947 7,221 1,726 1,710 96,913 ..

67,426 4,770 2,926 1,844 1,060 62,656 ..

113,914 7,871 1,407 6,464 6,320 106,043 ..

95,194 12,694 1,000 11,694 11,692 82,500 ..

128,543 5,891 1,083 4,808 4,537 122,652 1,460

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

6,443 2,512 343 2,169 1,847 3,931 ..

21,833 4,209 214 3,995 3,679 17,624 ..

66,568 9,605 952 8,653 6,733 56,964 ..

101,707 5,612 226 5,386 4,762 96,095 1,560

94,173 3,060 374 2,686 1,701 91,113 2,560

110,944 8,213 3,360 4,854 4,212 102,731 2,886

94,619 2,867 382 2,485 2,429 91,752 ..

113,075 4,856 1,590 3,266 2,810 108,220 1,461

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

1,319 937 126 811 727 382 18

1,942 893 87 806 736 1,049 46

6,662 1,497 291 1,207 1,034 5,165 319

7,088 1,468 343 1,124 1,049 5,620 399

6,964 1,531 437 1,094 1,047 5,433 412

6,264 1,830 567 1,263 1,206 4,434 402

5,550 1,700 480 1,220 1,185 3,850 39

6,271 1,919 377 1,542 1,518 4,352 99

449 -210 660 50 -1,187 1,237 609

6,114 410 5,704 4,224 1,636 2,589 1,480

46,895 12,293 34,602 39,810 -6,889 46,699 -5,208

10,017 12,273 -2,256 -2,842 -3,660 818 586

-22,660 2,552 -25,212 -29,299 -842 -28,457 4,087

1,812 -1,953 3,765 4,922 1,610 3,312 -1,157

-13,240 -4,301 -8,938 -43 9,209 -9,252 -8,895

8,929 -7,245 16,174 15,974 1,542 14,432 200

2,770 ..

7,141 -16

42,138 -197

-5,848 665

198 -206

-6,243 -203

10,167 1,235

2,163 25

44,085 .. .. .. .. 11,190

104,367 74,311 82,180 5,900 1,913 18,552

144,332 139,525 149,801 19,017 2,509 33,788

121,138 113,546 114,299 18,187 2,137 44,074

121,473 122,322 122,527 19,632 2,144 44,849

130,231 134,601 134,646 16,126 2,278 48,681

117,908 124,322 123,866 15,128 2,144 44,506

.. 131,647 129,156 15,051 2,268 46,389

.. 69.8 .. 36.4

116.0 82.6 32.9 21.5

159.8 154.4 54.3 15.2

211.3 198.1 97.8 18.4

176.5 177.8 85.3 20.8

156.6 161.9 89.4 23.1

162.0 170.8 86.4 22.1

149.4 .. 97.4 23.6

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

INDIA (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

101,130 96,781 3,462 0 888

121,195 111,406 8,816 0 974

227,114 182,243 43,821 0 1,049

256,312 203,473 46,603 0 6,237

291,651 229,076 56,448 0 6,127

336,845 252,686 78,052 0 6,108

395,071 295,608 93,349 0 6,114

427,562 328,728 92,707 0 6,127

Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

96,781 81,195 51,729 29,466 10,240 15,586 1,515

111,406 54,726 50,058 4,668 1,360 56,680 5,761

182,243 76,318 62,626 13,692 4,520 105,925 14,732

203,473 85,293 65,971 19,322 9,521 118,180 15,326

229,076 101,786 73,956 27,830 14,700 127,290 13,217

252,686 110,372 78,355 32,017 16,517 142,314 10,861

295,608 135,652 78,027 57,625 24,007 159,956 7,848

328,728 132,109 76,387 55,723 20,510 196,619 8,234

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

10,556 10,256 3,270 6,986 5,520 300 ..

19,380 6,630 3,824 2,805 1,714 12,751 2,920

38,712 18,824 5,917 12,907 11,507 19,888 594

26,646 10,396 5,971 4,425 1,765 16,250 2,473

44,629 25,560 9,780 15,781 11,050 19,069 1,288

44,073 14,865 7,924 6,941 2,032 29,207 737

49,929 17,269 5,170 12,099 7,478 32,661 665

68,894 12,688 5,253 7,435 2,045 56,206 1,224

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

6,702 6,454 3,494 2,959 0 249 35

19,384 12,469 2,701 9,769 8,457 6,914 117

23,685 13,447 3,001 10,446 9,468 10,238 880

10,990 5,336 2,923 2,413 588 5,654 1,679

19,018 5,164 3,159 2,005 148 13,854 1,851

22,227 6,823 3,907 2,915 200 15,405 2,847

21,202 6,183 3,695 2,488 0 15,019 3,678

31,228 13,052 4,004 9,049 5,553 18,176 833

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

4,007 3,378 1,436 1,941 143 630 224

4,196 3,022 1,062 1,960 1,799 1,174 141

5,718 1,524 1,164 360 61 4,194 278

4,942 1,322 1,012 310 60 3,620 290

4,675 1,063 798 265 39 3,612 421

6,258 1,262 926 335 51 4,996 848

8,136 1,758 1,265 493 121 6,378 516

8,741 1,558 916 642 158 7,183 518

3,358 -249 3,607 4,078 4,026 51 -471

1,949 1,124 825 -1,127 -6,964 5,837 1,952

22,755 2,916 19,839 12,111 2,461 9,650 7,728

18,437 3,048 15,389 12,607 2,011 10,596 2,782

35,456 6,621 28,836 18,991 13,776 5,215 9,845

43,449 4,016 39,433 17,829 4,026 13,803 21,604

44,025 1,474 42,550 27,253 9,611 17,642 15,297

37,024 1,250 35,774 36,416 -1,614 38,030 -642

3,584 2,481

7,269 12,151

42,690 -15,030

34,111 24,689

27,357 30,442

34,643 -4,048

23,172 22,809

26,713 19,892

471,633 62,453 80,489 .. 12,883 37,902

828,316 160,228 194,154 5,244 22,125 131,924

1,216,939 320,713 400,437 11,989 49,977 247,419

1,357,363 274,580 349,529 12,279 49,204 265,182

1,690,504 357,996 464,622 21,763 53,480 275,277

1,864,068 456,523 579,253 23,760 62,499 271,285

1,837,284 453,744 610,650 16,389 68,821 270,587

1,855,591 478,989 593,029 12,555 69,970 276,493

161.9 21.4 17.5 37.5

75.6 14.6 14.9 108.9

70.8 18.7 9.7 108.9

93.3 18.9 6.0 103.5

81.5 17.3 6.8 94.4

73.8 18.1 6.4 80.5

87.1 21.5 6.8 68.5

89.3 23.0 8.6 64.7

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

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.

INDONESIA (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

143,655 110,818 21,688 4,632 11,149

141,820 122,649 11,023 0 8,148

157,906 137,050 20,488 0 368

179,394 152,240 24,050 0 3,105

198,268 162,171 33,047 0 3,050

219,619 178,406 38,173 0 3,041

245,821 198,524 44,253 0 3,044

259,069 208,639 47,380 0 3,050

110,818 69,649 54,883 14,766 971 41,169 6,337

122,649 77,405 59,945 17,460 7,192 45,244 7,858

137,050 87,753 63,184 24,569 18,451 49,297 6,592

152,240 97,447 63,259 34,188 25,833 54,793 7,856

162,171 103,388 66,487 36,901 29,348 58,783 7,787

178,406 108,786 66,503 42,283 35,501 69,620 14,112

198,524 112,150 61,538 50,612 44,637 86,374 14,037

208,639 114,074 55,780 58,294 52,506 94,565 16,121

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

5,651 3,301 3,038 263 0 2,350 350

13,881 5,015 2,581 2,434 2,095 8,866 194

22,932 9,065 4,602 4,463 4,080 13,867 368

31,425 12,729 6,142 6,587 3,893 18,695 1,808

34,335 14,345 6,587 7,758 5,640 19,990 195

39,430 9,820 3,782 6,038 5,775 29,609 295

49,188 12,428 3,202 9,226 9,022 36,761 1,470

50,567 13,330 3,883 9,447 8,647 37,237 2,590

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

9,268 3,868 1,586 2,282 0 5,400 2,400

15,746 6,232 3,539 2,692 310 9,515 267

16,704 6,482 5,729 753 0 10,221 261

20,432 7,063 6,134 929 0 13,368 588

23,975 5,846 5,214 632 0 18,129 411

25,164 6,132 5,156 976 0 19,032 1,771

29,508 6,411 5,133 1,278 230 23,097 1,560

32,047 6,070 5,030 1,039 0 25,977 510

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

5,673 3,738 2,575 1,163 72 1,935 735

2,933 1,921 1,189 732 136 1,012 113

4,461 2,718 1,968 751 439 1,743 89

4,301 2,802 1,693 1,109 837 1,499 31

4,944 3,034 1,586 1,448 1,225 1,910 81

5,532 3,485 1,508 1,977 1,655 2,048 1,145

5,951 3,475 1,376 2,098 1,811 2,477 1,104

7,721 3,720 1,169 2,550 2,303 4,001 1,083

-1,967 2,575 -4,542 -5,069 -2,019 -3,050 527

-6,611 -2,103 -4,508 -906 -258 -649 -3,602

8,061 -1,127 9,189 7,356 3,710 3,646 1,833

14,554 8 14,546 10,985 5,658 5,327 3,561

19,358 1,373 17,985 8,987 7,127 1,861 8,998

19,391 -1,374 20,765 15,639 5,062 10,577 5,126

25,760 -1,931 27,691 21,611 7,948 13,663 6,080

21,647 -1,147 22,794 19,667 8,407 11,260 3,127

-4,550 -1,021

7,812 -165

9,105 322

4,982 787

12,468 2,132

14,350 -326

15,887 1,698

19,938 -1,827

150,317 73,079 66,903 3,574 1,190 28,502

271,958 97,565 102,080 9,525 5,420 33,140

492,112 151,202 156,440 10,675 6,794 49,597

520,694 128,433 122,382 8,848 6,793 63,563

689,283 168,862 168,348 12,844 6,916 92,908

821,202 215,469 217,995 17,975 6,924 106,539

850,811 213,601 241,704 17,366 7,212 108,837

841,475 207,636 240,724 .. 7,614 96,364

196.6 95.6 22.8 19.8

145.4 52.1 20.8 23.4

104.4 32.1 14.1 31.4

139.7 34.5 19.4 35.4

117.4 28.8 17.4 46.9

101.9 26.7 14.4 48.5

115.1 28.9 16.8 44.3

124.8 30.8 19.4 37.2

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

IRAN, ISLAMIC REPUBLIC OF (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

8,024 4,709 3,008 0 308

21,543 10,506 10,686 0 352

15,722 8,758 6,599 0 365

18,247 7,295 8,787 0 2,165

20,030 6,156 11,613 0 2,261

15,499 4,814 8,475 0 2,209

7,406 4,271 943 0 2,192

7,647 3,842 1,600 0 2,204

Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

4,709 4,709 1,664 3,045 0 .. ..

10,506 10,506 2,045 8,461 0 .. ..

8,758 8,758 2,385 6,373 0 .. ..

7,295 7,295 2,266 5,029 0 .. ..

6,156 6,156 2,024 4,132 0 .. ..

4,814 4,814 1,640 3,174 0 .. ..

4,271 4,271 1,456 2,815 0 .. ..

3,842 3,842 1,003 2,839 0 .. ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

1,469 1,469 477 993 0 .. ..

2,740 2,740 673 2,068 0 .. ..

787 787 289 498 0 .. ..

400 400 223 177 0 .. ..

252 252 105 147 0 .. ..

216 216 31 185 0 .. ..

18 18 15 3 0 .. ..

22 22 18 4 0 .. ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

2,345 2,345 1,785 561 0 .. ..

1,734 1,734 329 1,405 0 .. ..

2,131 2,131 328 1,802 0 .. ..

2,046 2,046 379 1,667 0 .. ..

1,575 1,575 321 1,255 0 .. ..

1,389 1,389 420 970 0 .. ..

446 446 183 263 0 .. ..

358 358 224 133 0 .. ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

391 391 190 202 0 .. ..

418 418 103 316 0 .. ..

498 498 89 410 0 .. ..

274 274 73 201 0 .. ..

139 139 53 86 0 .. ..

110 110 46 64 0 .. ..

35 35 17 19 0 .. ..

31 31 22 8 0 .. ..

-1,485 -1,308 -177 432 432 .. -609

1,440 344 1,096 663 663 .. 433

-4,636 -40 -4,596 -1,304 -1,304 .. -3,292

542 -156 698 -1,490 -1,490 .. 2,188

1,502 -216 1,718 -1,108 -1,108 .. 2,826

-4,311 -389 -3,922 -784 -784 .. -3,138

-7,960 -168 -7,792 -260 -260 .. -7,532

321 -206 528 -129 -129 .. 657

39 ..

2,889 ..

1,980 ..

2,983 ..

3,649 ..

4,277 ..

4,662 ..

3,050 ..

101,335 30,131 18,107 .. 536 ..

188,503 50,757 50,115 .. 1,032 ..

335,654 107,760 75,808 .. 1,115 ..

328,593 112,334 89,859 .. 1,072 ..

.. 98,191 88,815 .. 1,181 ..

.. 123,593 96,224 .. 1,330 ..

503,156 155,666 96,707 .. .. ..

369,272 107,189 81,468 .. .. ..

26.6 7.9 9.7 ..

42.4 11.4 5.5 ..

14.6 4.7 2.6 ..

16.2 5.6 2.2 ..

20.4 .. 1.9 ..

12.5 .. 1.3 ..

4.8 1.5 0.4 ..

7.1 2.1 0.4 ..

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

Notes: Fiscal year-end for external debt data is March. Short-term debt is World Bank staff estimates based on Central Bank data.

JAMAICA (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

4,716 3,818 785 142 113

6,466 5,848 559 167 58

10,308 9,065 1,180 184 63

11,026 9,917 699 174 410

14,099 11,876 1,035 160 1,188

14,264 12,086 945 154 1,234

14,219 11,261 1,723 84 1,235

13,790 11,027 1,523 58 1,239

3,818 3,715 2,396 1,320 1,004 103 ..

5,848 5,458 2,078 3,380 3,043 390 300

9,065 6,901 2,273 4,628 4,218 2,164 2,130

9,917 6,676 2,387 4,289 3,890 3,241 3,215

11,876 7,569 3,243 4,326 3,786 4,307 4,290

12,086 7,743 3,201 4,541 4,027 4,343 4,290

11,261 7,366 3,164 4,202 3,724 3,895 3,840

11,027 7,422 3,318 4,104 3,686 3,605 3,550

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

899 899 306 593 553 .. ..

1,350 1,043 91 953 875 307 300

704 704 278 426 350 .. ..

1,542 457 353 103 0 1,085 1,085

2,360 1,285 1,075 210 0 1,075 1,075

1,208 1,170 418 753 694 37 ..

2,033 265 225 39 0 1,768 1,750

2,202 401 375 26 0 1,801 1,800

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

420 356 270 87 13 64 55

540 531 221 310 256 9 ..

455 446 252 194 138 9 ..

727 718 253 466 345 9 ..

339 331 207 124 68 9 ..

713 712 194 517 438 2 ..

1,077 626 244 383 302 451 450

346 345 224 121 48 1 ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

205 192 117 75 50 13 2

386 360 83 277 265 26 21

673 480 81 400 392 193 191

746 521 96 426 404 225 224

828 488 100 388 375 341 340

899 491 108 383 368 408 406

687 458 66 393 379 228 226

561 415 68 347 333 146 141

439 17 421 443 506 -64 -21

331 -131 462 941 642 298 -479

-10 26 -35 224 232 -9 -259

344 101 243 714 -362 1,076 -471

3,149 1,647 1,502 1,152 86 1,066 350

461 274 187 271 235 36 -84

1,804 -18 1,822 974 -343 1,317 848

1,685 153 1,531 1,705 -95 1,800 -174

468 ..

660 ..

1,322 ..

440 ..

183 ..

199 ..

490 83

577 149

8,662 3,782 4,970 290 892 1,054

10,407 4,322 6,972 454 1,762 2,170

13,114 6,027 10,970 376 2,157 1,773

11,457 4,273 7,259 232 1,889 2,076

12,736 4,248 7,192 127 2,026 2,501

13,896 4,508 8,567 112 2,106 2,282

14,360 4,727 8,518 136 2,145 1,996

13,708 4,472 8,239 258 2,161 1,818

124.7 54.4 18.5 22.3

149.6 62.1 22.2 33.6

171.0 78.6 19.2 17.2

258.0 96.2 34.7 18.8

331.9 110.7 27.9 17.7

316.4 102.6 36.3 16.0

300.8 99.0 38.0 14.0

308.3 100.6 26.9 13.2

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%) Notes: Short-term debt is based on data from the BIS.

JORDAN (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

11,063 6,183 4,396 102 484

12,904 6,901 5,742 0 260

13,969 5,319 8,596 0 54

14,427 5,643 8,518 0 266

17,215 7,908 9,049 1 257

17,795 7,844 9,694 1 257

18,846 8,468 9,737 1 642

23,970 11,356 11,314 1 1,300

6,183 6,183 5,243 940 583 .. ..

6,901 6,878 6,483 395 145 24 ..

5,319 5,126 4,815 311 145 193 ..

5,643 5,445 5,137 308 145 198 ..

7,908 6,502 5,452 1,050 881 1,406 ..

7,844 6,317 5,291 1,026 866 1,528 ..

8,468 6,302 5,308 994 852 2,165 ..

11,356 8,855 5,494 3,361 3,237 2,501 ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

176 176 176 0 0 .. ..

434 434 269 165 145 .. ..

330 230 224 6 0 100 ..

787 762 756 6 0 25 ..

1,538 1,388 626 762 750 150 ..

475 325 325 0 0 150 ..

1,010 711 711 0 0 299 ..

3,644 3,308 908 2,400 2,400 336 ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

308 308 238 70 10 .. ..

366 341 323 19 10 25 ..

2,430 2,412 2,341 71 0 19 ..

425 405 396 9 0 20 ..

513 487 463 25 15 26 ..

599 574 548 26 15 25 ..

615 585 557 28 15 30 ..

606 566 538 28 15 40 ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

239 239 162 77 43 .. ..

161 160 157 4 0 1 ..

207 200 185 15 9 7 ..

155 147 134 12 9 8 ..

162 147 124 22 19 15 ..

191 171 130 41 39 20 ..

190 165 126 39 37 25 ..

206 162 113 49 48 44 ..

3,371 -73 3,445 -70 -70 .. 3,515

325 -131 456 121 146 -25 335

-1,007 -2,176 1,169 16 -65 82 1,152

268 344 -76 2 -3 5 -78

1,551 159 1,392 862 738 124 530

520 -223 744 99 -26 125 645

821 537 284 241 -28 269 44

5,265 1,020 4,245 2,667 2,372 296 1,577

913 -17

1,984 169

2,827 521

2,413 -30

1,651 -21

1,474 109

1,497 53

1,798 158

8,558 4,207 6,363 33 1,845 3,331

12,920 7,426 12,314 72 2,421 5,250

22,667 13,751 19,869 256 3,510 8,562

24,326 12,022 17,044 313 3,465 11,689

26,218 13,639 19,343 813 3,517 13,057

28,576 14,454 22,276 713 3,368 11,467

30,626 14,997 24,053 821 3,490 8,090

33,339 15,062 25,088 845 3,643 13,224

263.0 129.3 20.1 30.1

173.8 99.9 11.9 40.7

101.6 61.6 20.9 61.3

120.0 59.3 6.0 81.0

126.2 65.7 5.8 75.8

123.1 62.3 6.6 64.4

125.7 61.5 6.5 42.9

159.1 71.9 6.7 55.2

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

Notes: Long-term private nonguaranteed debt data from 2001 are based on reports provided by the country. Short-term debt before 1999 is based on data from the BIS.

KAZAKHSTAN (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

12,890 11,481 961 0 448

43,857 35,263 8,102 0 491

106,731 96,715 9,487 0 529

109,734 102,210 6,985 0 539

119,145 109,751 8,864 0 529

124,317 115,033 8,756 0 528

135,502 125,883 9,091 0 528

148,456 138,526 9,401 0 529

11,481 3,623 2,239 1,384 1,000 7,859 100

35,263 2,177 1,780 396 350 33,087 7,550

96,715 1,915 1,912 3 0 94,800 24,125

102,210 2,487 2,486 1 0 99,724 22,097

109,751 3,845 3,845 0 0 105,905 21,044

115,033 4,675 4,675 0 0 110,358 17,995

125,883 7,375 5,065 2,310 2,300 118,508 15,098

138,526 12,246 5,312 6,935 6,925 126,280 11,790

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

3,063 623 168 455 350 2,440 ..

17,207 197 197 0 0 17,010 3,050

40,803 145 145 0 0 40,658 540

30,471 717 717 0 0 29,754 ..

45,054 1,522 1,522 0 0 43,532 450

32,740 920 920 0 0 31,821 800

31,396 3,050 740 2,310 2,300 28,346 560

45,750 5,421 796 4,625 4,625 40,329 6,684

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

2,155 216 133 83 0 1,939 ..

11,417 1,090 1,018 72 0 10,327 ..

29,011 131 120 11 0 28,881 850

20,032 131 130 2 0 19,901 2,108

34,639 278 278 1 0 34,360 1,503

26,226 134 134 0 0 26,092 3,789

20,862 254 254 0 0 20,607 3,457

28,336 404 404 0 0 27,932 4,210

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

713 235 124 112 90 478 11

1,521 146 102 44 39 1,376 543

4,105 67 66 1 0 4,039 1,802

5,365 58 58 0 0 5,307 1,706

4,517 54 54 0 0 4,463 1,525

5,921 61 61 0 0 5,860 1,343

2,033 75 75 0 0 1,957 1,115

2,254 144 65 79 78 2,110 655

1,061 -407 1,469 873 373 501 595

9,950 -820 10,770 6,610 -72 6,683 4,160

9,749 26 9,723 11,766 -11 11,777 -2,043

7,937 587 7,350 9,851 -2 9,853 -2,502

12,295 1,244 11,050 9,171 -1 9,172 1,879

6,406 786 5,620 5,729 .. 5,729 -109

10,869 486 10,383 10,048 2,310 7,738 335

17,724 392 17,332 17,022 4,625 12,397 310

1,283 19

237 150

6,949 -1,280

4,183 38

4,162 134

5,907 8

7,266 -418

5,157 65

17,038 10,480 10,362 1,046 122 1,594

51,568 31,380 32,008 4,805 62 6,084

114,115 79,997 72,687 17,316 126 17,871

102,688 51,205 54,597 10,961 198 20,720

128,676 68,212 66,337 17,997 226 25,223

160,325 91,764 81,301 25,213 180 25,179

175,377 93,845 91,756 24,740 171 22,132

198,930 90,998 89,528 22,722 207 19,127

123.0 75.7 32.4 12.4

139.8 85.0 41.9 13.9

133.4 93.5 41.7 16.7

214.3 106.9 50.2 18.9

174.7 92.6 57.9 21.2

135.5 77.5 35.4 20.3

144.4 77.3 24.7 16.3

163.1 74.6 34.0 12.9

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

KENYA (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

6,189 5,216 798 47 175

6,483 5,772 499 21 212

7,607 6,388 910 66 309

8,589 6,720 1,012 73 858

8,801 6,979 1,005 80 817

10,287 7,566 1,622 100 1,100

11,569 8,835 1,442 93 1,293

13,471 9,647 2,353 111 1,471

5,216 5,041 4,559 482 0 175 ..

5,772 5,772 5,409 363 0 .. ..

6,388 6,388 6,070 319 0 .. ..

6,720 6,720 6,369 352 0 .. ..

6,979 6,979 6,668 311 0 .. ..

7,566 7,566 7,246 320 0 .. ..

8,835 8,835 7,896 938 0 .. ..

9,647 9,647 8,702 946 0 .. ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

333 333 248 85 0 .. ..

168 168 140 28 0 .. ..

350 350 343 7 0 .. ..

538 538 510 27 0 .. ..

530 530 518 12 0 .. ..

865 865 841 23 0 .. ..

1,680 1,680 1,003 677 0 .. ..

1,228 1,228 1,214 14 0 .. ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

407 362 241 121 0 45 ..

439 429 356 74 0 10 ..

288 288 273 15 0 .. ..

258 258 255 3 0 .. ..

259 259 255 4 0 .. ..

289 289 282 7 0 .. ..

337 337 328 10 0 .. ..

317 317 300 17 0 .. ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

100 81 55 27 0 19 ..

72 72 66 6 0 0 ..

91 91 90 1 0 .. ..

85 85 84 1 0 .. ..

90 90 90 1 0 .. ..

93 93 92 1 0 .. ..

171 171 144 26 0 .. ..

225 225 189 36 0 .. ..

-31 9 -40 -81 -36 -45 41

-459 -149 -310 -56 -46 -10 -254

-12 60 -71 -8 -8 .. -63

566 446 119 24 24 .. 95

232 238 -6 8 8 .. -14

1,466 853 614 17 17 .. 597

1,361 867 495 668 668 .. -173

1,977 1,088 889 -4 -4 .. 893

111 -6

6 3

23 5

32 3

89 22

40 20

49 26

79 ..

12,576 2,821 3,941 29 538 898

18,732 5,416 6,921 35 425 1,799

30,419 8,467 12,781 52 667 2,879

30,679 7,567 11,514 60 631 3,849

32,293 9,127 13,823 60 686 4,320

34,254 10,130 16,631 105 934 4,264

40,094 11,205 18,270 111 1,214 5,711

43,762 10,903 18,828 .. .. 6,598

219.4 49.2 21.0 14.5

119.7 34.6 10.0 27.7

89.8 25.0 4.9 37.8

113.5 28.0 5.1 44.8

96.4 27.3 4.4 49.1

101.6 30.0 4.3 41.5

103.2 28.9 5.1 49.4

123.6 30.8 5.7 49.0

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%) Notes: Short-term debt is based on data from the BIS.

KOSOVO (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

.. .. .. .. ..

710 430 194 0 85

1,726 818 821 0 87

1,456 886 455 0 114

1,700 1,130 456 0 114

2,002 1,116 652 0 234

2,199 1,293 675 0 231

Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

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

430 0 0 0 0 430 ..

818 359 359 0 0 459 ..

886 319 319 0 0 567 ..

1,130 299 299 0 0 830 ..

1,116 295 295 0 0 822 ..

1,293 299 299 0 0 995 ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

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

161 0 0 0 0 161 ..

90 0 0 0 0 90 ..

169 0 0 0 0 169 ..

158 7 7 0 0 152 ..

93 5 5 0 0 89 ..

123 7 7 0 0 116 ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

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

37 0 0 0 0 37 ..

269 208 208 0 0 61 ..

76 14 14 0 0 61 ..

85 17 17 0 0 68 ..

96 15 15 0 0 82 ..

38 15 15 0 0 23 ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

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

15 0 0 0 0 15 ..

44 23 23 0 0 22 ..

34 11 11 0 0 23 ..

38 12 12 0 0 26 ..

33 11 11 0 0 22 ..

13 12 12 0 0 1 ..

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

177 .. 177 124 .. 124 54

448 -208 656 29 .. 29 627

-244 14 -258 108 .. 108 -366

75 -10 85 84 .. 84 1

312 109 203 7 .. 7 196

105 -12 116 93 .. 93 23

.. ..

408 ..

376 ..

439 ..

478 ..

260 1

223 -1

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

6,011 1,138 3,222 88 1,042 892

5,707 1,170 3,101 102 1,055 830

5,829 1,333 3,377 130 997 846

6,789 1,670 4,018 148 1,122 742

6,644 1,477 3,495 65 1,059 1,108

7,122 1,520 3,596 97 1,122 1,103

.. .. .. ..

62.4 11.8 4.6 125.7

147.5 30.2 26.8 48.1

109.2 25.0 8.3 58.2

101.8 25.0 7.4 43.6

135.6 30.1 8.8 55.3

144.7 30.9 3.7 50.1

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

KYRGYZ REPUBLIC (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

1,938 1,510 129 10 298

2,257 1,825 132 3 299

3,628 2,942 391 6 295

4,119 3,395 424 2 300

4,114 3,612 195 12 307

5,486 4,986 188 3 312

6,026 5,492 214 4 321

6,804 6,163 308 1 333

1,510 1,220 1,184 37 0 290 ..

1,825 1,665 1,665 0 0 161 ..

2,942 1,963 1,963 0 0 980 ..

3,395 2,320 2,320 0 0 1,076 ..

3,612 2,442 2,442 0 0 1,171 ..

4,986 2,618 2,618 0 0 2,368 ..

5,492 2,840 2,840 0 0 2,652 ..

6,163 2,945 2,945 0 0 3,218 ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

161 153 149 4 0 8 ..

132 76 76 0 0 56 ..

878 51 51 0 0 827 ..

635 378 378 0 0 257 ..

668 147 147 0 0 521 ..

746 211 211 0 0 535 ..

853 344 344 0 0 510 ..

916 386 386 0 0 530 ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

86 17 13 4 0 69 ..

73 16 16 0 0 57 ..

261 35 35 0 0 225 ..

200 38 38 0 0 162 ..

462 38 38 0 0 424 ..

314 44 44 0 0 270 ..

266 41 41 0 0 226 ..

305 44 44 0 0 261 ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

69 23 20 2 0 47 ..

21 12 12 0 0 9 ..

42 17 17 0 0 24 ..

37 19 19 0 0 18 ..

69 23 23 0 0 46 ..

70 40 40 0 0 29 ..

58 32 32 0 0 25 ..

63 34 34 0 0 29 ..

152 143 9 -60 0 -60 69

-150 47 -196 -1 .. -1 -195

709 35 674 601 .. 601 73

472 339 132 96 .. 96 37

-20 121 -141 97 .. 97 -238

439 173 266 265 .. 265 1

620 311 309 284 .. 284 25

719 354 365 269 .. 269 97

-2 ..

47 0

178 6

178 1

231 -18

547 5

112 0

228 -2

1,288 590 753 37 9 239

2,372 963 1,501 36 313 570

4,960 2,723 4,912 178 1,223 1,153

4,500 2,354 3,763 118 982 1,494

4,489 2,408 4,117 248 1,266 1,604

5,668 3,159 5,591 611 1,709 1,703

6,461 2,951 6,687 111 2,031 1,903

6,911 3,131 7,053 227 .. 2,099

328.5 150.5 30.2 12.3

234.4 95.1 14.8 25.2

133.3 73.2 12.3 31.8

175.0 91.5 11.4 36.3

170.8 91.7 23.1 39.0

173.7 96.8 13.0 31.0

204.2 93.3 11.8 31.6

217.3 98.4 12.4 30.8

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

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 National Statistical Committee of Kyrgyz Republic.

LAO PEOPLE'S DEMOCRATIC REPUBLIC (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

2,520 2,459 6 0 55

2,912 2,815 55 0 43

5,181 4,980 166 0 35

5,792 5,498 199 0 95

5,723 5,617 18 0 88

6,720 6,575 62 0 83

7,344 7,218 47 0 79

8,615 7,733 804 0 78

2,459 2,459 2,459 0 0 .. ..

2,815 1,989 1,989 0 0 825 ..

4,980 2,713 2,713 0 0 2,267 ..

5,498 2,873 2,873 0 0 2,625 ..

5,617 3,007 3,004 3 0 2,610 ..

6,575 3,450 3,445 5 0 3,125 ..

7,218 3,718 3,711 7 0 3,500 ..

7,733 4,335 4,185 150 143 3,398 ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

77 77 77 0 0 .. ..

472 150 150 0 0 321 ..

746 165 165 0 0 581 ..

648 201 201 0 0 447 ..

294 150 147 3 0 144 ..

1,036 422 419 3 0 615 ..

848 398 397 1 0 450 ..

1,602 792 649 143 143 810 ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

23 23 23 0 0 .. ..

79 39 39 0 0 40 ..

143 44 44 0 0 100 ..

146 57 57 0 0 89 ..

221 62 62 0 0 159 ..

199 99 99 0 0 100 ..

157 82 82 0 0 75 ..

186 95 95 0 0 92 ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

9 9 9 0 0 .. ..

47 14 14 0 0 32 ..

60 23 23 0 0 37 ..

69 25 25 0 0 43 ..

79 29 29 0 0 50 ..

86 36 35 0 0 50 ..

72 42 42 0 0 30 ..

115 57 56 1 1 58 ..

53 47 6 .. .. .. 6

441 105 336 281 .. 281 55

562 117 445 482 .. 482 -37

530 139 391 358 .. 358 33

-113 79 -193 -12 3 -14 -181

876 314 562 518 3 515 44

672 311 361 376 1 375 -15

2,171 553 1,619 862 143 718 757

34 ..

28 ..

228 ..

319 ..

279 54

301 11

294 6

296 ..

1,660 513 638 .. 1 139

2,670 762 1,003 25 1 234

5,188 1,526 1,589 26 18 629

5,668 1,492 1,685 43 38 609

6,713 2,308 2,457 44 42 703

7,663 2,452 2,881 16 110 741

8,766 2,917 3,584 52 59 799

10,590 .. .. .. .. 722

490.9 151.7 8.0 5.5

382.0 109.1 17.4 8.0

339.6 99.9 13.6 12.1

388.3 102.2 14.7 10.5

248.0 85.2 13.2 12.3

274.1 87.7 11.8 11.0

251.8 83.8 8.0 10.9

.. 81.4 .. 8.4

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

Notes: Long-term private nonguaranteed debt data are World Bank staff estimates. Short-term debt is based on data from the BIS.

LEBANON (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

10,250 7,704 2,541 0 6

23,334 19,877 3,450 0 6

24,328 21,066 3,138 0 124

24,803 21,285 3,096 0 422

24,591 20,713 3,482 0 395

24,767 21,101 3,311 0 355

28,951 24,691 3,943 0 317

30,947 26,124 4,525 0 298

Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

7,704 6,968 1,290 5,677 5,260 736 736

19,877 18,866 2,172 16,694 16,142 1,011 1,011

21,066 20,596 2,432 18,165 17,490 470 470

21,285 20,615 2,356 18,259 17,704 670 670

20,713 20,213 2,226 17,987 17,422 500 500

21,101 20,601 2,088 18,513 17,966 500 500

24,691 23,991 1,997 21,994 21,489 700 700

26,124 25,424 1,734 23,690 23,298 700 700

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

2,445 2,330 238 2,092 2,031 115 115

3,179 2,649 106 2,543 2,500 530 530

2,709 2,709 421 2,288 2,257 .. ..

3,332 3,132 223 2,909 2,894 200 200

2,143 2,143 199 1,943 1,925 .. ..

4,174 4,174 206 3,968 3,954 .. ..

6,221 5,721 226 5,495 5,478 500 500

3,185 3,185 136 3,049 2,992 .. ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

884 834 74 760 400 50 50

2,172 1,907 143 1,764 1,695 265 265

2,905 2,845 375 2,470 2,430 60 60

3,096 3,096 334 2,762 2,706 .. ..

2,632 2,462 298 2,164 2,151 170 170

3,743 3,743 328 3,415 3,385 .. ..

2,642 2,342 318 2,024 1,965 300 300

1,801 1,801 415 1,386 1,209 .. ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

475 418 57 361 300 57 57

1,287 1,197 92 1,106 1,087 90 90

1,442 1,402 105 1,297 1,279 40 40

1,475 1,431 88 1,344 1,328 43 43

1,454 1,403 100 1,303 1,289 51 51

1,491 1,453 82 1,372 1,359 38 38

1,484 1,446 75 1,371 1,359 38 38

1,618 1,577 72 1,505 1,495 42 42

1,900 164 1,735 1,397 1,332 65 339

486 -37 524 1,045 780 265 -521

-1,136 87 -1,222 -242 -182 -60 -980

195 -111 305 347 147 200 -42

-122 -117 -5 -391 -221 -170 386

220 -161 382 553 553 .. -171

4,173 -130 4,303 3,671 3,471 200 632

1,947 -298 2,245 1,663 1,663 .. 582

.. ..

2,624 1,436

4,333 466

4,804 929

4,280 154

3,490 -145

3,678 -239

2,833 ..

17,581 .. .. .. .. 5,944

21,101 14,958 18,768 95 4,924 11,887

29,267 24,813 31,276 121 7,181 20,244

34,912 23,137 31,705 95 7,558 29,103

37,501 22,177 32,179 209 6,914 31,514

39,905 26,687 34,071 184 6,913 33,741

43,596 29,639 33,969 213 6,918 37,186

44,926 .. .. .. .. 36,748

.. 58.3 .. 58.0

156.0 110.6 24.3 50.9

98.0 83.1 17.8 83.2

107.2 71.0 19.9 117.3

110.9 65.6 18.7 128.2

92.8 62.1 20.0 136.2

97.7 66.4 14.2 128.4

.. 68.9 .. 118.7

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

Notes: Long-term private nonguaranteed debt only cover Bonds. Short-term debt is based on data from the BIS.

LESOTHO (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

676.7 656.7 4.0 0.0 16.0

667.3 618.9 8.0 0.0 40.4

694.6 659.2 0.0 0.0 35.4

756.3 680.6 0.0 0.0 75.7

778.0 699.2 0.0 0.0 78.8

797.6 717.2 0.0 0.0 80.3

860.2 745.1 0.0 0.0 115.2

885.2 755.0 0.0 0.0 130.2

656.7 656.7 580.9 75.8 0.0 .. ..

618.9 618.9 590.6 28.4 0.0 .. ..

659.2 659.2 646.6 12.5 0.0 .. ..

680.6 680.6 667.1 13.6 0.0 .. ..

699.2 699.2 685.6 13.6 0.0 .. ..

717.2 717.2 705.6 11.7 0.0 .. ..

745.1 745.1 733.9 11.2 0.0 .. ..

755.0 755.0 745.0 10.0 0.0 .. ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

69.4 69.4 67.4 2.0 0.0 .. ..

21.1 21.1 21.1 0.0 0.0 .. ..

45.8 45.8 45.8 0.0 0.0 .. ..

37.4 37.4 37.4 0.0 0.0 .. ..

42.1 42.1 42.1 0.0 0.0 .. ..

44.0 44.0 44.0 0.0 0.0 .. ..

54.8 54.8 54.8 0.0 0.0 .. ..

39.7 39.7 39.7 0.0 0.0 .. ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

33.2 33.2 26.4 6.8 0.0 .. ..

65.3 65.3 32.0 33.3 0.0 .. ..

24.5 24.5 21.3 3.2 0.0 .. ..

24.6 24.6 23.9 0.7 0.0 .. ..

19.4 19.4 19.1 0.3 0.0 .. ..

23.3 23.3 23.0 0.3 0.0 .. ..

24.3 24.3 24.0 0.3 0.0 .. ..

27.6 27.6 27.3 0.3 0.0 .. ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

22.9 22.9 16.0 7.0 0.0 .. ..

13.7 13.7 7.7 6.0 0.0 .. ..

7.8 7.8 6.7 1.1 0.0 .. ..

7.4 7.4 6.9 0.5 0.0 .. ..

7.5 7.5 6.4 1.0 0.0 .. ..

8.8 8.8 7.8 1.0 0.0 .. ..

9.2 9.2 8.3 0.9 0.0 .. ..

9.9 9.9 9.1 0.7 0.0 .. ..

31.0 35.9 -4.9 -4.9 -4.9 .. ..

-43.2 -10.9 -32.3 -33.3 -33.3 .. 1.0

16.3 19.5 -3.2 -3.2 -3.2 .. ..

6.8 7.5 -0.7 -0.7 -0.7 .. ..

27.1 27.4 -0.3 -0.3 -0.3 .. ..

22.5 22.8 -0.3 -0.3 -0.3 .. ..

65.1 65.3 -0.3 -0.3 -0.3 .. ..

26.7 27.0 -0.3 -0.3 -0.3 .. ..

32.4 ..

71.1 0.0

62.5 ..

171.2 ..

170.2 ..

192.3 ..

190.3 ..

44.1 ..

1,014.4 824.4 1,132.8 68.3 478.1 417.9

1,869.6 1,391.2 1,891.8 196.2 599.4 519.1

2,030.3 1,680.9 2,034.9 91.4 575.9 971.5

2,108.1 1,473.7 2,138.5 116.6 547.9 1,179.8

2,594.0 1,669.3 2,740.8 317.8 610.1 1,071.0

2,819.4 1,952.7 3,027.8 386.4 649.3 919.1

2,861.5 1,658.4 3,111.0 406.8 554.0 1,027.9

2,861.5 .. .. .. .. 1,055.2

82.1 66.7 7.5 61.8

48.0 35.7 5.7 77.8

41.3 34.2 2.2 139.9

51.3 35.9 2.6 156.0

46.6 30.0 2.1 137.6

40.8 28.3 2.0 115.2

51.9 30.1 2.3 119.5

.. 30.9 .. 119.2

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

Notes: Large interest payment was made during 2007 to a creditor country to settle a long standing claim. Short-term debt is based on data from the BIS.

LIBERIA (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

2,836.3 1,104.0 1,412.6 1,412.6 319.7

3,950.6 1,179.1 2,421.8 2,421.8 349.7

3,160.8 865.0 1,405.5 1,405.5 890.3

1,850.3 673.1 91.6 91.6 1,085.5

418.9 183.1 0.4 0.4 235.3

448.4 188.0 12.2 12.2 248.2

487.1 208.5 12.0 12.0 266.7

541.5 240.2 11.4 11.4 289.9

1,104.0 1,104.0 907.3 196.8 0.0 .. ..

1,179.1 1,179.1 981.3 197.7 0.0 .. ..

865.0 865.0 669.8 195.2 0.0 .. ..

673.1 673.1 652.6 20.5 0.0 .. ..

183.1 183.1 183.1 0.0 0.0 .. ..

188.0 188.0 188.0 0.0 0.0 .. ..

208.5 208.5 208.5 0.0 0.0 .. ..

240.2 240.2 240.2 0.0 0.0 .. ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

0.0 0.0 0.0 0.0 0.0 .. ..

20.3 20.3 20.3 0.0 0.0 .. ..

23.1 23.1 23.1 0.0 0.0 .. ..

35.1 35.1 35.1 0.0 0.0 .. ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

0.0 0.0 0.0 0.0 0.0 .. ..

37.5 37.5 37.5 0.0 0.0 .. ..

4.3 4.3 4.3 0.0 0.0 .. ..

3.7 3.7 3.7 0.0 0.0 .. ..

2.6 2.6 2.6 0.0 0.0 .. ..

3.5 3.5 3.5 0.0 0.0 .. ..

4.0 4.0 4.0 0.0 0.0 .. ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

0.0 0.0 0.0 0.0 0.0 .. ..

69.0 69.0 69.0 0.0 0.0 .. ..

11.8 11.8 11.8 0.0 0.0 .. ..

0.6 0.6 0.6 0.0 0.0 .. ..

0.4 0.4 0.4 0.0 0.0 .. ..

1.1 1.1 1.1 0.0 0.0 .. ..

1.5 1.5 1.5 0.0 0.0 .. ..

-0.6 -0.6 .. .. .. .. ..

-0.1 -0.1 .. .. .. .. ..

491.1 491.1 .. .. .. .. ..

13.3 13.3 .. .. .. .. ..

9.8 9.8 .. .. .. .. ..

31.8 31.8 .. .. .. .. ..

37.7 37.7 .. .. .. .. ..

53.6 53.6 .. .. .. .. ..

20.8 ..

3.5 ..

11.3 ..

2.9 ..

0.0 ..

30.5 ..

.. ..

514.1 .. .. .. .. 0.3

394.4 354.7 1,317.7 7.1 31.9 25.4

690.4 781.0 2,310.7 22.5 58.1 160.9

1,010.5 472.2 1,850.0 5.8 25.1 372.5

1,113.3 430.4 1,804.7 0.1 31.4 465.9

1,420.6 1,351.8 3,325.3 11.7 360.0 512.8

1,581.5 .. .. .. .. 497.2

1,751.0 .. .. .. .. 493.1

.. 551.7 .. 0.0

1113.7 1001.7 0.5 0.6

404.7 457.8 119.7 5.1

391.9 183.1 13.6 20.1

97.3 37.6 1.4 111.2

33.2 31.6 0.2 114.4

.. 30.8 .. 102.1

.. 30.9 .. 91.1

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

Notes: Historical long-term public and publicly guaranteed debt data before 2011 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.

MACEDONIA, FYR (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

1,480 1,333 55 4 92

2,981 2,108 800 9 74

4,457 3,013 1,432 29 13

5,247 3,731 1,413 30 103

5,344 3,840 1,403 64 101

6,304 4,132 1,769 80 403

6,650 4,376 1,870 109 404

6,934 4,928 1,602 129 404

1,333 1,206 921 284 0 127 ..

2,108 1,637 1,202 435 177 471 ..

3,013 1,574 1,277 297 209 1,438 ..

3,731 1,874 1,321 552 468 1,858 ..

3,840 1,880 1,369 512 434 1,959 ..

4,132 2,110 1,392 717 421 2,022 ..

4,376 2,270 1,453 817 429 2,106 ..

4,928 2,572 1,596 976 207 2,355 ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

151 98 96 1 0 54 ..

318 293 104 189 187 25 ..

789 174 137 37 0 615 ..

1,012 347 103 244 244 665 ..

596 197 190 7 0 399 ..

968 414 155 259 0 555 ..

637 303 176 127 0 334 ..

1,063 694 305 389 0 369 ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

74 25 23 2 0 49 ..

171 81 67 14 0 90 ..

293 78 74 5 0 215 ..

375 88 81 7 0 287 ..

443 98 90 9 0 344 ..

739 126 103 23 0 614 ..

479 168 124 44 0 310 ..

734 462 192 270 235 272 ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

37 30 20 10 0 7 ..

54 41 32 9 0 13 ..

104 54 41 14 10 50 ..

93 47 33 15 10 46 ..

128 56 22 35 32 71 ..

129 60 24 36 33 70 ..

125 64 23 41 31 60 ..

117 64 19 45 21 54 ..

59 58 2 5 0 5 -3

117 42 75 109 174 -65 -34

329 64 265 432 32 400 -167

617 22 595 615 237 378 -20

109 101 9 53 -2 55 -44

890 362 528 177 236 -59 350

230 51 179 108 83 24 72

41 113 -72 216 119 97 -288

215 ..

155 54

324 -49

57 -14

202 -4

572 -8

140 -6

196 -1

3,517 1,679 2,391 31 81 429

5,877 2,196 3,408 142 227 1,229

9,714 4,540 7,234 253 407 1,920

9,231 3,186 5,397 138 381 2,051

9,207 3,825 5,828 232 388 1,970

10,252 5,031 7,367 276 434 2,331

9,548 4,544 6,939 268 394 2,528

9,978 4,893 7,136 324 376 2,485

88.1 42.1 8.3 29.0

135.8 50.7 12.5 41.2

98.2 45.9 10.2 43.1

164.7 56.8 16.7 39.1

139.7 58.0 16.5 36.9

125.3 61.5 18.9 37.0

146.4 69.6 15.1 38.0

141.7 69.5 18.8 35.8

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

MADAGASCAR (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

4,716 4,286 301 203 129

3,521 3,182 99 72 240

2,480 1,738 613 188 129

2,788 1,855 649 189 284

2,699 1,997 425 188 278

2,769 2,066 430 188 273

2,896 2,167 463 192 267

2,849 2,247 345 52 256

4,286 4,286 4,247 39 0 .. ..

3,182 3,182 3,173 9 0 .. ..

1,738 1,717 1,710 7 0 21 ..

1,855 1,836 1,829 7 0 19 ..

1,997 1,982 1,975 7 0 15 ..

2,066 2,053 2,046 7 0 12 ..

2,167 2,157 2,147 10 0 10 ..

2,247 2,240 2,205 34 0 8 ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

150 150 150 0 0 .. ..

249 249 249 0 0 .. ..

345 342 342 0 0 3 ..

126 124 124 0 0 2 ..

198 198 197 0 0 .. ..

90 90 90 0 0 .. ..

138 138 135 3 0 .. ..

149 149 146 3 0 .. ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

74 74 73 0 0 .. ..

38 38 37 1 0 .. ..

20 20 20 0 0 1 ..

34 32 32 0 0 1 ..

37 36 36 0 0 1 ..

18 18 18 0 0 1 ..

37 35 35 0 0 2 ..

38 38 38 0 0 1 ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

28 28 28 0 0 .. ..

11 11 11 0 0 0 ..

15 15 15 0 0 0 ..

16 16 16 0 0 0 ..

17 17 17 0 0 0 ..

45 122 -77 0 0 .. -76

244 218 26 -1 -1 .. 27

198 381 -183 3 0 3 -186

127 92 35 0 0 0 35

-65 160 -225 -1 .. -1 -224

74 69 5 -1 0 -1 6

123 94 29 1 3 -2 29

122 97 24 2 3 -1 22

83 ..

85 ..

1,169 ..

1,066 ..

808 ..

810 ..

812 ..

838 ..

3,807 1,210 1,584 4 11 285

4,960 954 1,743 38 11 481

9,335 2,614 4,805 .. .. 982

8,404 1,982 4,134 .. .. 982

8,621 1,653 2,744 .. .. 1,023

9,699 1,965 3,003 .. .. 1,135

9,560 .. .. .. .. 1,053

10,453 .. .. .. .. 776

389.7 123.9 9.7 6.0

369.2 71.0 8.3 13.7

94.9 26.6 1.7 39.6

140.7 33.2 2.8 35.2

163.3 31.3 3.7 37.9

140.9 28.6 2.1 41.0

.. 30.3 .. 36.3

.. 27.3 .. 27.2

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

Notes: Data include the effects of HIPC and MDRI debt relief.

MALAWI (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

2,719 2,544 78 37 97

3,196 3,062 43 34 91

996 769 85 0 142

1,144 846 67 0 231

1,039 729 61 0 248

1,205 929 30 0 247

1,316 1,025 8 0 283

1,558 1,244 19 0 295

2,544 2,544 2,526 18 0 .. ..

3,062 3,062 3,043 18 0 .. ..

769 769 763 6 0 .. ..

846 846 841 6 0 .. ..

729 729 724 5 0 .. ..

929 929 923 5 0 .. ..

1,025 1,025 1,019 5 0 .. ..

1,244 1,244 1,238 6 0 .. ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

119 119 119 0 0 .. ..

89 89 89 0 0 .. ..

66 66 66 0 0 .. ..

107 107 107 0 0 .. ..

81 81 81 0 0 .. ..

208 208 208 0 0 .. ..

109 109 109 0 0 .. ..

230 230 230 0 0 .. ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

33 33 33 0 0 .. ..

38 38 35 3 0 .. ..

17 17 17 0 0 .. ..

22 22 22 0 0 .. ..

13 13 13 0 0 .. ..

14 14 14 0 0 .. ..

15 15 15 0 0 .. ..

22 22 22 0 0 .. ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

18 18 18 0 0 .. ..

22 22 22 0 0 .. ..

15 15 15 0 0 .. ..

7 7 7 0 0 .. ..

9 9 9 0 0 .. ..

14 14 14 0 0 .. ..

83 85 -2 .. .. .. -2

42 47 -5 -3 -3 .. -2

170 146 24 0 0 .. 24

67 85 -18 .. .. .. -18

83 89 -6 .. .. .. -6

162 193 -31 .. .. .. -31

108 130 -22 .. .. .. -22

231 220 11 .. .. .. 11

26 ..

88 -4

146 -1

69 0

133 1

89 1

118 ..

1,707 471 680 15 1 243

2,715 609 1,390 52 23 159

4,254 1,026 2,127 139 17 243

4,972 1,348 2,298 103 17 149

5,290 1,224 2,650 173 22 307

5,512 1,632 2,917 92 25 197

4,104 1,397 2,646 93 28 223

3,574 .. .. .. .. 413

577.7 159.3 13.5 8.9

524.5 117.7 12.5 5.0

97.0 23.4 3.1 24.4

84.9 23.0 2.9 13.1

84.9 19.6 1.7 29.6

73.9 21.9 1.4 16.4

94.2 32.1 2.0 17.0

.. 43.6 .. 26.5

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

Notes: Short-term debt is based on data from the BIS. Data include the effects of Paris Club rescheduling agreement signed in 2006 and HIPC and MDRI debt relief.

MALAYSIA (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

41,946 37,192 4,573 0 181

64,911 51,537 13,176 0 199

106,896 67,882 38,800 0 214

119,611 73,806 43,695 0 2,110

135,800 82,450 51,276 0 2,073

146,898 80,128 64,704 0 2,067

195,064 100,201 92,794 0 2,069

213,129 107,226 103,830 0 2,073

37,192 19,125 4,950 14,175 9,836 18,067 3,402

51,537 34,387 6,542 27,845 24,585 17,150 7,623

67,882 49,070 5,164 43,906 39,374 18,812 6,568

73,806 53,717 4,092 49,626 45,670 20,089 5,927

82,450 61,858 3,750 58,108 51,638 20,593 4,893

80,128 60,647 3,263 57,384 52,735 19,481 5,509

100,201 67,392 2,980 64,412 61,762 32,809 9,408

107,226 70,365 2,463 67,901 66,044 36,861 10,378

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

5,921 3,460 1,446 2,015 1,061 2,461 361

10,378 6,195 981 5,215 5,164 4,183 1,615

9,100 6,508 98 6,410 4,566 2,592 ..

12,554 9,634 47 9,587 8,815 2,920 ..

10,938 6,014 18 5,996 2,339 4,923 400

10,982 3,311 10 3,301 2,892 7,671 1,293

21,901 8,870 514 8,356 8,033 13,031 3,988

17,426 7,887 56 7,831 7,227 9,538 1,783

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

4,146 2,017 840 1,176 200 2,129 745

7,192 4,752 1,218 3,534 2,036 2,440 237

3,258 1,503 820 683 0 1,755 250

7,750 5,351 1,053 4,298 2,959 2,399 1,398

3,564 1,863 688 1,176 0 1,701 715

4,681 3,608 625 2,983 750 1,073 420

4,100 3,304 604 2,701 380 796 100

6,728 1,681 300 1,381 9 5,046 300

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

2,021 1,159 259 900 599 862 159

1,858 1,208 314 894 746 650 363

2,112 1,058 129 929 802 1,053 373

1,746 876 124 752 652 870 339

1,708 1,024 97 927 771 684 295

1,563 1,017 86 931 853 545 266

2,053 1,293 79 1,214 1,084 760 354

2,451 1,251 69 1,182 1,117 1,200 424

337 606 -269 1,170 838 331 -1,439

4,929 -238 5,167 3,424 1,681 1,743 1,744

21,542 -722 22,264 6,564 5,726 837 15,700

9,698 -1,006 10,705 5,810 5,289 521 4,895

14,955 -669 15,625 8,043 4,821 3,223 7,581

19,728 -614 20,343 6,915 317 6,598 13,428

45,890 -90 45,980 17,890 5,656 12,235 28,090

21,734 -245 21,979 10,943 6,450 4,492 11,036

3,788 ..

4,232 -1,200

5,167 -10,716

706 -449

10,886 ..

15,119 ..

9,734 ..

11,583 ..

86,182 114,356 103,944 7,173 342 28,330

137,211 166,725 142,268 8,330 1,117 69,858

224,078 242,055 197,879 13,838 1,329 91,149

198,218 197,562 160,181 11,119 1,131 95,432

239,358 243,301 209,534 15,298 1,103 104,884

282,128 281,911 241,520 18,105 1,211 131,780

293,358 279,255 254,714 18,385 1,320 137,784

301,268 274,038 257,485 18,408 1,396 133,444

36.7 48.7 5.6 67.5

38.9 47.3 5.6 107.6

44.2 47.7 2.4 85.3

60.5 60.3 5.1 79.8

55.8 56.7 2.3 77.2

52.1 52.1 2.3 89.7

69.9 66.5 2.3 70.6

77.8 70.7 3.5 62.6

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

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.

MALDIVES (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

206.4 184.7 21.4 0.0 0.4

362.3 299.8 56.3 0.3 6.3

898.6 678.4 215.9 1.6 4.4

965.1 758.5 185.6 1.0 20.9

994.3 743.1 223.6 2.9 27.6

973.8 717.1 229.2 1.3 27.5

844.8 721.1 96.1 3.0 27.6

820.5 748.0 50.4 5.6 22.1

184.7 184.7 154.8 29.9 0.0 .. ..

299.8 299.8 250.2 49.6 0.0 .. ..

678.4 469.9 355.7 114.2 0.0 208.5 ..

758.5 542.7 445.2 97.5 0.0 215.8 ..

743.1 627.8 522.3 105.5 0.0 115.2 ..

717.1 675.2 565.3 109.9 0.0 41.9 ..

721.1 721.1 633.8 87.3 0.0 .. ..

748.0 748.0 668.9 79.1 0.0 .. ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

13.6 13.6 6.3 7.3 0.0 .. ..

45.9 45.9 29.5 16.3 0.0 .. ..

144.9 100.2 52.8 47.4 0.0 44.7 ..

156.8 112.0 107.3 4.6 0.0 44.8 ..

168.5 142.4 108.4 34.0 0.0 26.1 ..

124.5 115.9 82.9 33.0 0.0 8.6 ..

113.3 113.3 111.7 1.6 0.0 .. ..

77.0 77.0 70.4 6.6 0.0 .. ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

13.9 13.9 6.7 7.3 0.0 .. ..

22.1 22.1 13.1 9.0 0.0 .. ..

62.0 38.1 22.8 15.4 0.0 23.9 ..

64.7 44.4 21.5 22.9 0.0 20.3 ..

59.8 50.9 27.1 23.9 0.0 8.9 ..

70.3 66.3 40.9 25.4 0.0 3.9 ..

66.1 66.1 40.8 25.2 0.0 .. ..

55.0 55.0 37.4 17.7 0.0 .. ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

4.7 4.7 2.6 2.2 0.0 .. ..

7.1 7.1 4.8 2.2 0.0 .. ..

19.2 12.3 7.3 5.0 0.0 6.9 ..

16.4 12.1 6.8 5.3 0.0 4.2 ..

10.6 9.2 5.4 3.7 0.0 1.5 ..

11.0 10.4 6.2 4.2 0.0 0.5 ..

10.1 10.1 6.9 3.2 0.0 .. ..

9.1 9.1 7.4 1.7 0.0 .. ..

-3.8 -0.4 -3.4 0.0 0.0 .. -3.5

53.8 22.5 31.3 7.3 7.3 .. 24.0

104.9 27.6 77.3 52.9 32.1 20.8 24.5

67.2 90.6 -23.4 6.2 -18.2 24.5 -29.6

151.8 88.3 63.5 27.4 10.2 17.2 36.1

61.4 42.0 19.4 12.2 7.6 4.7 7.2

-87.5 70.9 -158.4 -23.6 -23.6 .. -134.8

-31.8 27.6 -59.4 -11.1 -11.1 .. -48.3

22.3 ..

53.0 ..

181.3 13.9

158.0 -14.5

216.5 -10.4

256.5 0.0

284.0 0.0

325.3 ..

594.3 467.5 492.0 34.4 2.2 122.8

961.6 495.4 910.4 31.0 2.3 189.0

1,601.8 1,983.8 2,380.8 248.8 6.3 243.6

1,712.2 1,718.0 1,758.2 235.9 4.5 275.6

1,822.8 2,011.5 2,008.5 271.9 3.2 364.3

1,804.3 2,358.3 2,594.9 280.2 3.0 348.7

1,742.9 2,351.2 2,709.5 281.0 3.1 318.3

1,952.5 .. .. .. .. 381.9

44.1 34.7 4.2 59.5

73.1 37.7 6.3 52.2

45.3 56.1 4.7 27.1

56.2 56.4 5.2 28.6

49.4 54.5 4.0 36.6

41.3 54.0 3.8 35.8

35.9 48.5 3.4 37.7

.. 42.0 .. 46.5

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

Notes: Long-term private nonguaranteed and short-term debt data from 2006 are World Bank staff estimates based on reports provided by the country.

MALI (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

2,981 2,671 114 42 196

3,224 3,036 55 6 132

2,055 1,984 7 7 65

2,210 2,002 25 1 184

2,456 2,263 6 0 187

2,923 2,500 193 18 230

3,064 2,787 39 26 237

3,423 3,078 68 29 277

2,671 2,671 2,671 0 0 .. ..

3,036 3,036 3,032 5 0 .. ..

1,984 1,984 1,979 5 0 .. ..

2,002 2,002 1,995 7 0 .. ..

2,263 2,263 2,258 5 0 .. ..

2,500 2,500 2,497 4 0 .. ..

2,787 2,787 2,784 3 0 .. ..

3,078 3,078 3,075 3 0 .. ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

100 100 100 0 0 .. ..

280 280 277 3 0 .. ..

234 234 234 0 0 .. ..

494 494 491 3 0 .. ..

304 304 304 0 0 .. ..

292 292 292 0 0 .. ..

275 275 275 0 0 .. ..

321 321 321 0 0 .. ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

50 50 50 0 0 .. ..

52 52 52 0 0 .. ..

44 44 43 1 0 .. ..

46 46 45 1 0 .. ..

39 39 38 1 0 .. ..

28 28 27 0 0 .. ..

64 64 63 1 0 .. ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

18 18 18 0 0 .. ..

27 27 27 0 0 .. ..

24 24 24 0 0 .. ..

22 22 21 0 0 .. ..

21 21 21 0 0 .. ..

25 25 25 0 0 .. ..

24 24 24 0 0 .. ..

27 27 27 0 0 .. ..

-31 42 -73 .. .. .. -73

219 210 8 3 3 .. 5

218 220 -1 -1 -1 .. ..

475 449 25 1 1 .. 24

253 272 -19 -1 -1 .. -18

467 299 168 -1 -1 .. 169

92 255 -162 0 0 .. -162

321 296 25 -1 -1 .. 26

82 0

160 9

268 -3

796 -3

504 1

393 2

398 ..

410 ..

2,392 665 1,046 76 73 382

5,099 1,443 2,108 190 177 854

8,425 2,653 4,171 326 431 1,072

8,508 2,210 3,351 459 454 1,604

9,003 2,508 4,236 402 473 1,344

10,195 2,859 4,371 407 784 1,379

9,808 3,519 4,616 .. .. 1,341

10,273 .. .. .. .. 1,306

448.5 124.6 14.1 12.8

223.4 63.2 6.9 26.5

77.5 24.4 2.6 52.1

100.0 26.0 3.1 72.6

97.9 27.3 2.5 54.7

102.3 28.7 2.3 47.2

87.0 31.2 1.5 43.8

.. 33.3 .. 38.1

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

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.

MAURITANIA (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

2,390 2,029 251 112 111

2,322 2,072 167 109 83

2,001 1,669 301 135 31

2,289 1,984 192 134 113

2,705 2,323 237 76 145

2,867 2,538 151 77 178

3,352 2,945 196 76 211

3,570 3,142 202 76 226

2,029 2,029 2,009 19 0 .. ..

2,072 2,072 2,048 23 0 .. ..

1,669 1,669 1,655 14 0 .. ..

1,984 1,984 1,972 12 0 .. ..

2,323 2,323 2,322 1 0 .. ..

2,538 2,538 2,538 0 0 .. ..

2,945 2,945 2,945 0 0 .. ..

3,142 3,142 3,142 0 0 .. ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

115 115 115 0 0 .. ..

143 143 128 15 0 .. ..

294 294 294 0 0 .. ..

407 407 407 0 0 .. ..

412 412 412 0 0 .. ..

287 287 287 0 0 .. ..

444 444 444 0 0 .. ..

292 292 292 0 0 .. ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

46 46 43 2 0 .. ..

33 33 31 1 0 .. ..

38 38 31 6 0 .. ..

53 53 52 1 0 .. ..

76 76 65 11 0 .. ..

79 79 78 1 0 .. ..

85 85 85 0 0 .. ..

106 106 106 0 0 .. ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

20 20 18 2 0 .. ..

20 20 19 1 0 .. ..

21 21 21 0 0 .. ..

23 23 23 0 0 .. ..

35 35 34 1 0 .. ..

41 41 41 0 0 .. ..

55 55 55 0 0 .. ..

54 54 54 0 0 .. ..

62 74 -11 -2 -2 .. -9

92 87 5 14 14 .. -9

300 266 34 -6 -6 .. 40

246 355 -109 -1 -1 .. -108

473 381 92 -11 -11 .. 103

156 244 -88 -1 -1 .. -87

437 391 46 .. .. .. 46

206 200 6 .. .. .. 6

40 ..

814 ..

343 ..

-3 ..

131 ..

589 ..

1,383 ..

1,154 ..

1,304 .. .. .. .. 46

2,249 .. .. .. .. 64

3,821 2,056 2,776 .. .. 189

3,079 1,641 2,176 .. .. 225

3,445 2,306 2,787 .. .. 272

3,980 3,124 3,522 .. .. 485

3,768 2,914 4,497 .. .. 949

3,892 .. .. .. .. ..

.. 183.3 .. 1.9

.. 103.2 .. 2.8

97.3 52.4 3.1 9.4

139.5 74.3 4.7 9.8

117.3 78.5 4.9 10.0

91.8 72.0 3.9 16.9

115.0 89.0 4.9 28.3

.. 91.7 .. ..

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

Notes: Short-term debt is based on data from the BIS. Data include the effects of MDRI debt relief.

MAURITIUS (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

967 946 .. 0 21

805 782 .. 0 23

671 647 .. 0 24

2,265 821 1,292 0 152

2,734 1,107 1,478 0 149

9,574 7,720 1,706 0 149

10,221 7,164 2,908 1 149

10,919 7,912 2,858 0 149

Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

946 828 494 334 0 118 ..

782 716 504 213 0 66 ..

647 597 501 96 0 49 ..

821 740 655 85 0 81 ..

1,107 1,007 888 119 0 100 ..

7,720 1,215 1,099 116 0 6,505 ..

7,164 1,412 1,301 110 0 5,752 ..

7,912 1,777 1,682 95 0 6,135 ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

128 119 43 76 0 9 ..

138 126 62 64 0 11 ..

116 88 88 0 0 28 ..

287 218 199 19 0 69 ..

425 356 293 63 0 69 ..

4,629 300 271 29 0 4,329 ..

3,723 254 243 11 0 3,469 ..

3,936 409 409 0 0 3,528 ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

401 385 55 330 150 16 ..

197 176 87 89 0 21 ..

145 111 83 27 0 35 ..

122 85 52 33 0 37 ..

118 69 45 24 0 49 ..

3,343 79 51 28 0 3,264 ..

3,032 66 47 19 0 2,966 ..

3,278 68 48 20 0 3,210 ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

52 51 23 29 5 1 ..

30 30 19 10 0 0 ..

26 25 18 7 0 0 ..

21 20 16 4 0 1 ..

18 17 15 2 0 1 ..

79 23 20 4 0 55 ..

73 27 24 3 0 46 ..

76 26 24 2 0 50 ..

-273 -12 -261 -261 -254 -6 ..

-59 -24 -35 -35 -25 -10 ..

-30 5 -34 -34 -27 -7 ..

165 147 18 18 -14 32 ..

492 249 243 58 38 20 185

1,514 220 1,294 1,066 1 1,065 228

1,893 196 1,697 495 -8 503 1,202

609 361 248 297 -20 317 -49

266 -4

42 36

378 34

257 206

430 ..

433 ..

589 ..

259 ..

4,553 2,671 2,772 8 177 897

6,276 3,899 4,284 34 1 1,340

9,714 5,748 6,948 163 1 1,743

8,793 4,635 5,514 195 1 2,179

9,835 10,189 11,378 4,639 1 2,442

11,282 6,983 8,664 601 1 2,583

11,479 8,048 9,017 1,074 1 2,837

11,952 8,085 9,355 773 1 3,340

36.2 21.2 17.0 92.8

20.6 12.8 5.8 166.4

11.7 6.9 3.0 259.8

48.9 25.8 3.4 96.2

26.8 27.8 1.5 89.3

137.1 84.9 49.4 27.0

127.0 89.0 39.1 27.8

135.1 91.4 42.0 30.6

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

Notes: Long-term private nonguaranteed debt data from 2009 are based on reports provided by the country and do not include offshore liabilities and 2011-2013 are World Bank staff estimates based on reports provided by the country. Short-term debt data are based on reports provided by the country and include offshore liabilities.

100

MEXICO (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

152,260 132,951 18,932 0 378

175,918 153,302 22,201 0 415

206,190 177,884 27,860 0 447

201,911 167,747 29,695 0 4,470

262,022 200,231 57,400 0 4,391

302,173 231,088 66,707 0 4,377

375,830 278,204 93,245 0 4,382

443,012 330,844 107,778 0 4,391

132,951 82,470 20,892 61,577 53,693 50,481 20,644

153,302 118,145 18,789 99,356 78,193 35,158 19,442

177,884 133,102 12,424 120,679 97,385 44,782 19,958

167,747 123,226 21,082 102,144 82,872 44,521 21,525

200,231 150,603 25,973 124,630 102,336 49,628 29,997

231,088 171,586 28,161 143,426 122,879 59,502 36,223

278,204 208,649 29,848 178,801 160,560 69,555 50,016

330,844 228,364 31,092 197,272 166,843 102,480 82,624

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

32,830 11,483 2,855 8,628 7,368 21,346 3,346

28,801 17,995 2,309 15,686 12,949 10,806 6,669

33,704 24,746 2,761 21,985 18,224 8,958 931

36,695 26,616 8,572 18,044 15,735 10,079 5,067

54,986 42,142 6,166 35,976 26,819 12,844 11,298

59,712 34,063 4,518 29,546 26,845 25,649 18,065

98,408 47,826 3,099 44,727 41,687 50,582 31,005

85,269 35,481 2,886 32,594 13,225 49,789 43,355

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

38,967 16,337 3,386 12,950 9,256 22,630 3,552

25,101 15,686 2,530 13,155 9,989 9,416 2,645

24,565 14,831 1,463 13,368 10,642 9,735 3,247

22,318 11,872 1,795 10,077 4,965 10,446 3,500

21,683 13,941 1,679 12,263 7,118 7,742 2,826

28,708 12,383 1,947 10,436 5,851 16,325 2,216

35,413 8,501 1,490 7,011 1,703 26,912 3,723

20,200 12,209 1,426 10,783 3,630 7,991 2,190

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

12,174 7,923 1,554 6,368 4,897 4,251 1,620

9,398 7,532 848 6,685 6,247 1,866 957

9,975 7,176 458 6,718 6,381 2,799 1,310

8,792 6,019 551 5,468 4,856 2,773 1,583

8,345 5,859 627 5,232 4,927 2,486 1,379

10,887 7,318 730 6,587 6,258 3,570 1,761

32,204 28,709 756 27,954 27,633 3,495 1,849

16,668 10,288 764 9,524 9,197 6,381 4,606

-15,566 -4,830 -10,736 -5,606 -4,322 -1,284 -5,130

5,588 -221 5,809 3,920 2,530 1,390 1,889

9,636 1,298 8,338 7,840 8,617 -777 498

16,212 6,777 9,435 7,600 7,966 -367 1,835

61,009 4,487 56,521 28,816 23,713 5,103 27,705

40,311 2,570 37,740 28,433 19,110 9,324 9,307

89,533 1,609 87,924 61,387 37,717 23,670 26,537

79,603 1,460 78,143 63,609 21,811 41,798 14,534

18,110 447

17,334 3,353

21,021 -3,503

13,676 4,155

19,123 373

18,292 -6,566

11,878 9,877

30,783 -943

668,631 185,853 211,589 6,076 7,525 35,509

850,654 235,187 266,281 8,486 22,742 74,054

1,080,519 318,089 363,752 11,838 26,041 95,126

884,093 251,597 281,476 8,647 22,076 99,589

1,042,120 324,906 350,510 8,755 22,080 120,265

1,152,678 376,155 411,884 12,612 23,588 143,991

1,166,799 400,742 438,563 16,408 23,366 160,413

1,234,127 410,515 458,909 21,860 23,022 175,432

81.9 22.8 31.6 23.3

74.8 20.7 15.5 42.1

64.8 19.1 11.1 46.1

80.3 22.8 12.7 49.3

80.6 25.1 10.4 45.9

80.3 26.2 11.4 47.7

93.8 32.2 17.9 42.7

107.9 35.9 10.3 39.6

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

101

MOLDOVA (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

1,843 1,047 489 22 308

2,219 1,238 718 56 264

3,655 2,019 1,289 22 347

3,753 2,011 1,403 38 338

4,837 2,745 1,583 37 509

5,322 2,899 1,769 42 655

5,877 3,205 1,879 52 793

6,613 3,579 2,262 56 773

1,047 850 743 107 75 197 ..

1,238 698 664 34 25 540 ..

2,019 805 790 15 6 1,214 ..

2,011 809 790 19 0 1,203 ..

2,745 839 823 16 0 1,906 ..

2,899 857 836 21 0 2,042 ..

3,205 942 913 29 0 2,263 ..

3,579 973 944 29 0 2,606 ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

164 54 52 2 0 110 ..

237 26 26 0 0 211 ..

484 53 53 0 0 432 ..

284 54 41 13 0 230 ..

464 94 89 5 0 370 ..

530 94 80 14 0 436 ..

648 142 121 21 0 505 ..

683 109 94 15 0 574 ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

57 30 27 3 0 28 ..

163 42 35 7 6 120 ..

391 44 35 8 6 347 ..

303 55 46 9 6 248 ..

306 55 47 8 0 251 ..

368 71 63 8 0 297 ..

467 65 51 14 0 402 ..

543 84 67 16 0 459 ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

46 39 28 11 7 7 ..

42 22 20 2 2 20 ..

56 17 15 1 1 39 ..

54 22 21 1 0 32 ..

49 16 16 1 0 33 ..

58 16 16 0 0 42 ..

54 16 15 1 0 38 ..

65 16 15 1 0 49 ..

560 13 547 82 0 82 465

157 -31 188 84 -7 91 104

313 28 285 76 -8 85 208

65 -21 86 -13 4 -18 99

514 217 297 117 -3 119 180

495 169 327 145 6 140 181

417 207 211 111 7 104 100

497 5 492 113 -1 114 378

128 3

107 1

540 11

150 2

172 6

231 5

134 14

171 10

1,310 780 1,089 3 179 222

3,347 1,871 2,673 45 915 597

6,660 3,056 5,670 151 1,888 1,672

5,761 2,308 3,975 141 1,199 1,480

6,316 2,745 4,523 152 1,351 1,718

7,588 3,656 5,957 257 1,600 1,965

8,125 3,818 5,923 118 1,786 2,511

8,812 4,244 6,337 155 1,976 2,818

236.2 140.7 20.0 12.1

118.6 66.3 13.6 26.9

119.6 54.9 16.5 45.8

162.6 65.1 16.9 39.4

176.2 76.6 14.5 35.5

145.6 70.1 12.8 36.9

154.0 72.3 15.1 42.7

155.8 75.0 15.9 42.6

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

102

MONGOLIA (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

960 833 13 2 114

1,396 1,267 25 0 105

2,184 2,019 70 0 95

2,986 2,479 248 0 258

5,928 5,290 365 0 273

9,627 8,775 583 0 268

15,385 14,248 903 0 234

18,921 17,217 1,563 4 140

833 833 831 3 0 .. ..

1,267 1,267 1,266 0 0 .. ..

2,019 1,657 1,571 86 75 362 ..

2,479 1,817 1,733 84 75 662 ..

5,290 1,782 1,775 7 0 3,508 ..

8,775 1,826 1,814 12 0 6,949 ..

14,248 3,243 1,734 1,508 1,500 11,006 900

17,217 3,568 2,062 1,505 1,500 13,650 900

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

75 75 75 0 0 .. ..

91 91 91 0 0 .. ..

435 75 75 0 0 360 ..

520 212 212 0 0 308 ..

2,929 66 66 0 0 2,863 ..

3,554 87 83 5 0 3,466 ..

6,422 1,558 58 1,500 1,500 4,864 900

3,895 453 453 0 0 3,442 ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

22 22 19 3 0 .. ..

17 17 17 0 0 .. ..

41 40 37 3 0 1 ..

70 62 59 2 0 8 ..

139 122 44 77 75 18 ..

78 54 54 0 0 24 ..

898 84 80 4 0 814 ..

885 71 68 3 0 814 ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

9 9 9 0 0 .. ..

15 15 15 0 0 .. ..

30 24 18 7 6 6 ..

41 26 19 7 6 15 ..

89 20 19 1 1 70 ..

155 20 20 0 0 134 ..

258 21 21 0 0 236 27

396 60 22 38 38 337 79

45 58 -12 -3 -3 .. -9

-73 69 -142 0 0 .. -142

401 33 368 357 -3 359 12

787 312 475 297 -2 299 179

2,925 40 2,885 2,768 -77 2,845 117

3,689 24 3,665 3,447 5 3,442 218

5,808 -58 5,866 5,547 1,496 4,050 319

3,574 292 3,282 2,625 -3 2,628 657

54 ..

185 ..

828 13

488 4

1,331 680

1,501 9

1,487 15

377 3

1,132 627 791 9 12 179

2,472 1,494 1,635 41 180 333

5,450 3,045 3,956 109 225 561

4,388 2,322 2,850 121 200 1,294

5,640 3,423 4,496 464 266 2,197

7,918 5,481 8,480 632 279 2,275

9,373 5,402 9,004 594 320 3,930

10,751 5,030 8,364 282 256 2,096

153.2 84.8 6.6 18.6

93.5 56.5 3.0 23.9

71.7 40.1 2.6 25.7

128.6 68.0 5.3 43.4

173.2 105.1 7.0 37.1

175.6 121.6 4.6 23.6

284.8 164.1 22.4 25.5

376.1 176.0 27.9 11.1

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

Notes: Long-term private nonguaranteed debt data from 2008 are World Bank staff estimates based on reports provided by the country. Short-term debt before 2008 is based on data from the BIS.

103

MONTENEGRO (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

.. .. .. .. ..

1,502 860 602 0 40

2,357 1,109 1,207 0 40

1,603 1,378 186 0 40

2,354 1,859 455 0 40

2,830 2,252 538 0 40

2,956 2,449 467 0 40

Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

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

860 851 836 15 0 9 ..

1,109 1,094 894 201 0 15 ..

1,378 1,359 846 512 267 19 ..

1,859 1,805 1,012 792 492 54 ..

2,252 2,184 1,168 1,016 501 68 ..

2,449 2,372 1,210 1,162 634 77 ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

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

64 60 60 0 0 4 ..

248 242 61 181 0 7 ..

395 383 35 348 265 12 ..

659 619 258 361 248 40 ..

526 506 187 319 0 21 ..

364 344 76 268 107 20 ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

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

28 25 24 1 0 3 ..

25 23 22 1 0 2 ..

61 60 33 27 0 2 ..

127 124 43 81 0 2 ..

174 166 48 118 0 8 ..

262 248 78 170 0 14 ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

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

28 27 27 0 0 0 ..

28 28 26 2 0 0 ..

34 33 20 13 0 1 ..

79 78 24 55 22 1 ..

87 86 24 63 37 1 ..

97 96 31 65 39 1 ..

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

233 36 197 0 -1 1 197

829 38 790 185 180 5 605

-687 2 -689 332 322 11 -1,021

802 214 587 318 280 38 269

435 139 297 214 201 13 83

30 -2 32 103 98 5 -71

.. ..

623 -6

1,359 -5

566 -8

438 -15

535 0

330 14

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

4,606 2,064 4,428 43 298 436

4,166 1,663 2,933 91 303 573

4,086 1,722 2,826 99 301 556

4,538 2,198 3,152 45 343 393

4,115 1,975 2,918 33 333 459

4,515 2,129 2,952 28 365 584

.. .. .. ..

72.8 32.6 3.4 29.0

141.7 56.6 4.1 24.3

93.1 39.2 5.7 34.7

107.1 51.9 9.7 16.7

143.3 68.8 13.6 16.2

138.8 65.5 17.2 19.8

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

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.

104

MOROCCO (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

20,790 19,106 1,573 122 112

16,297 15,493 682 0 122

20,957 19,194 1,631 0 132

24,662 21,572 2,210 0 880

27,250 23,638 2,747 0 865

29,903 25,204 3,837 0 862

33,815 28,785 4,167 0 863

39,261 33,046 5,351 0 865

19,106 17,244 12,759 4,485 152 1,862 ..

15,493 12,442 10,119 2,323 472 3,051 ..

19,194 16,538 14,543 1,994 0 2,656 ..

21,572 19,218 16,713 2,504 0 2,354 ..

23,638 21,049 17,269 3,780 1,336 2,589 ..

25,204 22,371 18,628 3,743 1,294 2,833 ..

28,785 25,086 19,814 5,271 2,819 3,699 ..

33,046 28,278 21,945 6,333 3,629 4,768 ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

1,638 980 631 349 0 658 ..

2,456 1,658 1,562 97 0 798 ..

4,554 3,093 2,800 292 0 1,461 ..

4,551 3,468 2,868 600 0 1,083 ..

4,999 3,882 2,258 1,625 1,327 1,116 ..

4,506 3,285 2,995 290 0 1,222 ..

6,122 4,114 2,477 1,636 1,500 2,008 ..

7,504 4,425 3,259 1,166 750 3,079 ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

1,632 1,593 928 666 30 39 ..

2,139 1,881 1,303 578 41 258 ..

3,452 1,795 1,043 753 589 1,656 ..

2,709 1,138 966 172 0 1,572 ..

2,428 1,274 1,090 184 0 1,154 ..

2,436 1,481 1,277 205 0 955 ..

2,769 1,572 1,392 179 0 1,198 ..

3,998 1,821 1,557 264 0 2,177 ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

949 877 548 329 14 71 ..

569 501 388 113 25 68 ..

709 655 536 120 29 54 ..

678 612 523 89 0 66 ..

850 819 731 88 0 31 ..

757 722 571 152 62 35 ..

785 750 587 163 57 35 ..

1,014 907 661 246 130 107 ..

-449 -296 -153 302 -317 619 -455

831 259 573 59 -481 540 514

814 1,758 -944 -656 -460 -195 -288

2,421 1,902 519 -61 428 -489 579

3,108 1,168 1,940 1,403 1,441 -37 537

3,160 1,718 1,442 352 85 267 1,090

3,683 1,085 2,598 2,268 1,457 810 330

4,690 1,702 2,988 1,804 902 902 1,183

221 18

950 64

2,423 148

2,456 -4

1,369 132

2,076 166

2,092 -108

3,213 43

36,053 10,729 13,686 268 2,161 4,823

58,760 17,281 21,616 594 4,589 16,187

87,411 31,613 44,910 835 6,894 22,104

88,520 24,924 37,346 1,753 6,269 22,797

88,544 27,913 39,109 1,445 6,423 22,613

96,120 32,649 48,764 2,086 7,256 19,526

92,704 32,954 49,913 2,092 6,508 16,356

101,519 33,086 49,667 1,279 6,882 18,404

193.8 57.7 25.3 23.2

94.3 27.7 15.8 99.3

66.3 24.0 13.3 105.5

98.9 27.9 13.7 92.4

97.6 30.8 11.8 83.0

91.6 31.1 9.9 65.3

102.6 36.5 10.9 48.4

118.7 38.7 15.3 46.9

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

Notes: Short-term debt before 2009 is based on data from the BIS.

105

MOZAMBIQUE (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

5,613 4,693 560 404 361

4,393 3,367 714 525 312

3,489 2,726 580 449 183

4,138 3,165 632 465 342

3,747 2,909 480 381 357

4,091 3,602 134 5 355

4,878 4,324 201 31 353

6,890 6,229 311 36 351

4,693 4,693 4,682 11 0 .. ..

3,367 3,367 3,365 2 0 .. ..

2,726 2,726 2,719 7 0 .. ..

3,165 3,165 3,136 28 0 .. ..

2,909 2,909 2,811 98 0 .. ..

3,602 3,602 3,372 230 0 .. ..

4,324 4,324 4,062 262 0 .. ..

6,229 6,229 5,098 1,130 850 .. ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

131 131 131 0 0 .. ..

326 326 326 0 0 .. ..

399 399 397 2 0 .. ..

446 446 422 23 0 .. ..

373 373 294 79 0 .. ..

497 497 346 151 0 .. ..

745 745 714 31 0 .. ..

1,960 1,960 1,088 872 850 .. ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

34 34 33 1 0 .. ..

18 18 18 0 0 .. ..

14 14 11 3 0 .. ..

15 15 12 3 0 .. ..

38 38 30 8 0 .. ..

28 28 22 6 0 .. ..

40 40 36 4 0 .. ..

84 84 69 15 0 .. ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

20 20 20 0 0 .. ..

22 22 22 0 0 .. ..

19 19 19 0 0 .. ..

23 23 23 0 0 .. ..

47 47 46 0 0 .. ..

26 26 26 0 0 .. ..

29 29 29 0 0 .. ..

52 52 50 2 0 .. ..

83 157 -74 -1 -1 .. -73

125 297 -172 .. .. .. -172

387 386 1 -1 -1 .. 2

620 564 56 20 20 .. 36

289 286 3 71 71 .. -68

497 322 174 144 144 .. 30

744 676 68 27 27 .. 41

1,978 1,016 963 858 858 .. 105

139 ..

60 0

254 0

242 0

410 0

1,383 0

216 ..

929 0

4,075 769 1,763 0 37 723

6,219 2,186 3,350 284 59 1,054

9,158 3,270 5,325 544 116 1,578

9,430 2,909 4,893 240 111 2,099

9,192 3,102 5,245 214 139 2,159

12,358 4,002 7,891 234 157 2,469

14,341 5,105 12,305 54 220 2,770

15,313 5,442 12,568 78 217 3,142

730.3 137.7 9.4 12.9

201.0 70.6 3.2 24.0

106.7 38.1 1.1 45.2

142.3 43.9 1.4 50.7

120.8 40.8 2.8 57.6

102.2 33.1 1.5 60.4

95.6 34.0 1.4 56.8

126.6 45.0 2.6 45.6

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

Notes: Short-term debt is based on data from the BIS. Data include HIPC and MDRI debt relief.

106

MYANMAR (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

5,916 5,347 511 511 58

6,888 6,033 792 792 63

7,454 6,404 979 979 71

7,625 6,545 1,013 1,013 67

8,189 6,757 1,069 1,069 363

8,371 6,771 1,207 1,207 393

8,271 6,697 1,201 1,201 373

7,367 6,095 902 902 370

5,347 5,347 4,814 533 0 .. ..

6,033 6,033 4,931 1,102 0 .. ..

6,404 6,404 5,256 1,148 0 .. ..

6,545 6,545 5,417 1,127 0 .. ..

6,757 6,757 5,631 1,126 0 .. ..

6,771 6,771 6,151 619 0 .. ..

6,697 6,697 6,095 602 0 .. ..

6,095 6,095 5,519 576 0 .. ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

64 64 34 29 0 .. ..

2 2 2 0 0 .. ..

1 1 1 0 0 .. ..

0 0 0 0 0 .. ..

931 931 931 0 0 .. ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

64 64 22 42 0 .. ..

3 3 3 0 0 .. ..

5 5 5 0 0 .. ..

4 4 4 0 0 .. ..

2 2 2 0 0 .. ..

1 1 1 0 0 .. ..

764 764 764 0 0 .. ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

24 24 20 4 0 .. ..

0 0 0 0 0 .. ..

1 1 1 0 0 .. ..

179 179 179 0 0 .. ..

0 13 -13 -13 -13 .. ..

-1 -1 0 0 0 .. ..

-4 -4 .. .. .. .. ..

-2 -2 .. .. .. .. ..

-1 -1 .. .. .. .. ..

167 167 .. .. .. .. ..

258 ..

235 ..

864 ..

1,079 ..

901 ..

1,001 ..

2,243 ..

2,621 ..

.. 2,145 2,627 135 104 223

.. 3,838 3,429 1,388 129 771

.. 6,439 5,500 1,884 55 3,717

.. 6,347 5,794 1,811 54 5,252

.. 7,851 6,516 1,816 115 5,717

.. 8,566 10,379 1,721 127 7,004

.. .. .. .. .. 6,964

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

275.8 .. 4.2 3.8

179.5 .. 0.1 11.2

115.8 .. 0.1 49.9

120.1 .. 0.1 68.9

104.3 .. 0.1 69.8

97.7 .. 6.5 83.7

.. .. .. 84.2

.. .. .. ..

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

Notes: Fiscal year-end for external debt data is March. Long-term public and publicly guaranteed and short-term debt data are World Bank staff estimates based on the original terms of the loans. Country is expected to resume DRS reporting in 2015.

107

NEPAL (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

2,878 2,826 29 0 23

3,191 3,112 47 0 32

3,698 3,551 57 0 89

3,778 3,552 44 0 183

3,789 3,509 61 0 219

3,828 3,530 84 0 214

3,812 3,495 113 0 204

3,833 3,572 72 0 189

2,826 2,826 2,821 5 0 .. ..

3,112 3,112 3,108 5 0 .. ..

3,551 3,551 3,547 4 0 .. ..

3,552 3,552 3,548 4 0 .. ..

3,509 3,509 3,506 3 0 .. ..

3,530 3,530 3,528 2 0 .. ..

3,495 3,495 3,493 2 0 .. ..

3,572 3,572 3,570 2 0 .. ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

154 154 154 0 0 .. ..

192 192 192 0 0 .. ..

103 103 103 0 0 .. ..

116 116 116 0 0 .. ..

126 126 126 0 0 .. ..

174 174 174 0 0 .. ..

159 159 159 0 0 .. ..

264 264 264 0 0 .. ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

67 67 59 7 0 .. ..

85 85 85 1 0 .. ..

127 127 126 1 0 .. ..

140 140 140 1 0 .. ..

149 149 149 0 0 .. ..

154 154 153 1 0 .. ..

175 175 175 0 0 .. ..

165 165 164 1 0 .. ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

28 28 27 1 0 .. ..

30 30 30 0 0 .. ..

34 34 34 0 0 .. ..

32 32 32 0 0 .. ..

33 33 32 0 0 .. ..

35 35 35 0 0 .. ..

33 33 33 0 0 .. ..

34 34 34 0 0 .. ..

69 90 -21 -7 -7 .. -14

118 108 10 -1 -1 .. 11

-21 -23 1 -1 -1 .. 2

-40 -27 -14 -1 -1 .. -13

33 16 17 0 0 .. 17

39 16 22 -1 -1 .. 23

3 -26 29 0 0 .. 29

43 84 -42 -1 -1 .. -41

0 ..

2 ..

-5 ..

38 ..

88 ..

94 ..

92 ..

74 ..

5,514 1,354 1,825 .. 111 945

8,153 1,423 2,803 57 1,212 1,499

12,668 1,946 4,456 44 2,727 2,458

13,053 1,753 5,160 9 2,985 2,769

16,116 1,783 6,004 50 3,469 2,937

18,954 2,150 6,588 59 4,217 3,631

19,361 2,177 6,969 34 4,793 4,307

19,443 2,500 7,570 25 5,552 5,293

212.5 52.2 7.5 32.9

224.2 39.1 8.4 47.0

190.0 29.2 8.5 66.5

215.6 28.9 10.1 73.3

212.4 23.5 10.6 77.5

178.0 20.2 9.2 94.8

175.1 19.7 10.3 113.0

153.3 19.7 8.7 138.1

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%) Notes: Short-term debt is based on data from the BIS.

108

NICARAGUA (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

6,823 5,717 912 791 194

5,000 4,231 540 364 229

4,715 3,421 1,153 472 141

5,685 4,346 993 484 346

6,957 5,206 1,392 495 359

7,772 5,956 1,443 506 373

8,911 6,856 1,695 518 361

9,601 7,598 1,658 528 345

5,717 5,435 5,220 216 0 281 ..

4,231 3,939 3,867 72 0 292 ..

3,421 2,253 2,249 4 0 1,168 ..

4,346 2,505 2,502 4 0 1,841 ..

5,206 2,683 2,680 3 0 2,522 ..

5,956 2,846 2,843 3 0 3,109 ..

6,856 3,055 3,051 3 0 3,801 ..

7,598 3,295 3,291 3 0 4,304 ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

511 226 220 6 0 285 ..

287 226 226 0 0 61 ..

946 183 183 0 0 763 ..

827 291 291 0 0 536 ..

1,185 267 267 0 0 919 ..

1,378 239 239 0 0 1,138 ..

1,216 258 258 0 0 958 ..

1,146 287 287 0 0 859 ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

184 71 62 8 0 114 ..

110 64 64 0 0 47 ..

309 52 52 0 0 257 ..

365 62 62 0 0 302 ..

456 56 56 0 0 400 ..

500 63 63 0 0 437 ..

445 53 53 0 0 392 ..

433 54 53 0 0 380 ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

91 79 76 3 0 12 ..

46 44 44 0 0 2 ..

98 39 39 0 0 59 ..

121 37 37 0 0 84 ..

104 33 33 0 0 70 ..

118 39 39 0 0 79 ..

144 39 39 0 0 105 ..

147 44 44 0 0 104 ..

350 179 172 169 -2 171 3

210 153 57 14 0 14 43

657 160 497 506 0 506 -8

326 265 61 233 0 233 -173

1,138 230 907 518 0 518 389

932 191 741 701 0 701 40

998 192 806 566 0 566 240

649 217 433 479 0 480 -47

267 ..

241 ..

626 ..

434 ..

508 ..

968 ..

805 0

845 ..

4,906 1,133 2,479 69 320 488

6,173 1,434 3,075 82 616 728

8,268 2,833 5,473 113 820 1,141

8,128 2,765 4,658 121 770 1,573

8,699 3,455 5,473 135 825 1,799

9,649 4,460 6,956 146 914 1,892

10,344 5,033 7,690 157 1,016 1,887

10,942 5,022 7,671 169 1,081 1,993

602.4 139.1 25.6 7.2

348.7 81.0 12.1 14.6

166.5 57.0 15.2 24.2

205.6 69.9 18.3 27.7

201.4 80.0 16.9 25.9

174.3 80.5 14.8 24.3

177.1 86.1 12.7 21.2

191.2 87.7 12.6 20.8

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

Notes: Short-term debt before 2006 is based on data from the BIS. Data include the effects of HIPC and MDRI debt relief.

109

NIGER (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

1,721 1,563 72 60 86

1,967 1,785 41 38 141

961 803 93 19 65

1,258 972 131 17 155

1,550 1,221 171 22 158

2,237 1,930 154 19 153

2,320 2,059 97 22 164

2,656 2,319 164 117 173

1,563 1,495 1,495 0 0 68 ..

1,785 1,753 1,753 0 0 33 ..

803 790 790 0 0 13 ..

972 965 965 0 0 7 ..

1,221 1,221 1,221 0 0 .. ..

1,930 1,930 1,930 0 0 .. ..

2,059 2,059 2,059 0 0 .. ..

2,319 2,319 2,319 0 0 .. ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

76 76 76 0 0 .. ..

122 122 122 0 0 .. ..

96 96 96 0 0 .. ..

211 211 211 0 0 .. ..

283 283 283 0 0 .. ..

747 747 747 0 0 .. ..

144 144 144 0 0 .. ..

276 276 276 0 0 .. ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

14 12 12 0 0 2 ..

22 15 15 0 0 7 ..

16 10 10 0 0 7 ..

32 25 25 0 0 7 ..

14 7 7 0 0 7 ..

18 18 18 0 0 .. ..

25 25 25 0 0 .. ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

8 8 8 0 0 0 ..

13 11 11 0 0 2 ..

7 6 6 0 0 1 ..

8 8 8 0 0 0 ..

10 10 10 0 0 .. ..

11 11 11 0 0 .. ..

52 73 -22 -2 .. -2 -20

109 119 -10 -7 .. -7 -3

-57 98 -156 -7 .. -7 -149

224 191 33 -7 .. -7 40

309 281 28 -7 .. -7 35

711 725 -14 .. .. .. -14

77 137 -60 .. .. .. -60

232 260 -28 .. .. .. -28

8 0

23 1

-48 1

-6 9

0 6

1,066 ..

841 ..

631 ..

1,782 334 485 2 14 81

3,396 602 1,095 21 66 251

5,384 1,124 2,006 23 94 705

5,362 1,186 2,657 84 102 656

5,674 1,332 2,916 17 134 760

6,362 1,433 3,208 .. .. 673

6,656 .. .. .. .. 1,015

7,317 .. .. .. .. 1,167

515.7 96.6 8.0 4.7

326.6 57.9 6.8 12.7

85.5 17.9 2.4 73.3

106.1 23.5 3.5 52.1

116.4 27.3 1.8 49.1

156.1 35.2 2.4 30.1

.. 34.9 .. 43.7

.. 36.3 .. 43.9

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

Notes: Short-term debt is based on data from the BIS. Data include the effects of HIPC and MDRI debt relief.

110

NIGERIA (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

31,582 30,257 1,120 43 205

20,476 20,248 3 3 225

4,043 3,801 0 0 242

6,765 4,139 0 0 2,626

7,207 4,627 0 0 2,580

8,963 6,391 0 0 2,572

10,059 7,484 0 0 2,575

13,792 11,211 1 1 2,580

30,257 30,042 26,596 3,446 2,051 215 ..

20,248 20,248 18,039 2,209 1,442 .. ..

3,801 3,801 3,688 112 0 .. ..

4,139 4,139 4,052 87 0 .. ..

4,627 4,627 4,627 0 0 .. ..

6,391 5,891 5,391 500 500 500 500

7,484 6,634 6,134 500 500 850 850

11,211 8,786 7,286 1,500 1,500 2,425 2,425

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

153 153 153 0 0 .. ..

379 379 345 34 0 .. ..

409 409 385 24 0 .. ..

519 519 519 0 0 .. ..

1,057 1,057 1,057 0 0 .. ..

2,087 1,587 1,087 500 500 500 500

1,183 833 833 0 0 350 350

3,945 2,370 1,370 1,000 1,000 1,575 1,575

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

1,092 1,057 915 142 0 35 ..

3,863 3,863 3,685 179 0 .. ..

326 326 319 8 0 .. ..

323 323 297 26 0 .. ..

229 229 225 4 0 .. ..

256 256 256 0 0 .. ..

158 158 158 0 0 .. ..

203 203 203 0 0 .. ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

690 673 516 157 128 18 ..

4,937 4,937 4,717 220 170 .. ..

85 85 84 1 0 .. ..

79 79 73 6 0 .. ..

55 55 54 0 0 .. ..

93 74 57 17 17 19 19

144 94 60 34 34 50 50

281 182 68 113 113 99 99

-697 -762 64 -177 -142 -35 241

-3,484 -3,340 -145 -145 -145 .. ..

82 66 16 16 16 .. ..

196 222 -26 -26 -26 .. ..

827 831 -4 -4 -4 .. ..

1,831 831 1,000 1,000 500 500 ..

1,025 675 350 350 .. 350 0

3,742 1,167 2,575 2,575 1,000 1,575 ..

1,140 ..

4,983 751

8,133 -954

8,534 487

5,988 2,161

8,590 2,571

7,033 10,003

5,609 5,577

40,238 21,183 15,383 2,279 1,392 9,911

98,881 57,149 35,773 2,603 14,640 28,280

192,910 90,388 81,632 17,000 19,206 53,002

154,918 59,321 64,815 15,042 18,368 44,763

349,388 81,976 88,299 20,032 19,818 34,919

388,771 100,653 109,908 23,072 20,619 35,212

440,674 99,048 100,602 22,430 20,633 46,405

499,041 98,465 99,974 .. .. ..

149.1 78.5 8.8 31.4

35.8 20.7 15.4 138.1

4.5 2.1 0.5 1,311.0

11.4 4.4 0.7 661.7

8.8 2.1 0.4 484.5

8.9 2.3 0.3 392.9

10.2 2.3 0.3 461.3

14.0 2.8 0.5 ..

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

Notes: Long-term private nonguaranteed debt only cover Bonds. Short-term debt is revised from 2001 based on reports provided by the country.

111

PAKISTAN (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

32,954 29,684 1,519 0 1,751

34,018 31,053 1,230 0 1,735

49,524 43,540 1,370 0 4,614

56,340 45,829 1,466 0 9,045

61,960 49,411 2,291 0 10,258

63,989 51,492 2,535 0 9,962

60,938 50,656 2,598 0 7,684

56,461 49,426 1,922 0 5,113

29,684 27,124 25,074 2,051 623 2,560 45

31,053 30,089 28,907 1,182 1,100 964 600

43,540 40,356 37,270 3,086 2,650 3,184 850

45,829 42,564 40,059 2,505 2,150 3,265 850

49,411 43,402 41,603 1,799 1,550 6,009 250

51,492 45,127 43,360 1,768 1,550 6,365 250

50,656 44,736 43,007 1,729 1,550 5,920 250

49,426 43,303 41,613 1,690 1,550 6,123 ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

1,644 1,527 1,522 4 0 117 ..

2,831 2,231 1,619 612 600 600 600

3,596 2,684 2,557 127 0 912 ..

4,414 3,732 3,731 1 0 681 ..

5,477 1,857 1,856 1 0 3,620 ..

3,210 2,572 2,572 0 0 638 ..

2,312 2,312 2,312 0 0 .. ..

4,150 2,417 2,417 0 0 1,734 ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

1,587 1,143 1,105 37 0 445 ..

1,463 1,136 993 143 108 327 ..

1,764 1,307 1,272 35 0 456 ..

2,243 1,637 1,055 582 500 606 ..

3,010 2,134 1,427 707 600 876 600

1,665 1,383 1,351 32 0 282 ..

1,527 1,395 1,356 39 0 132 ..

3,361 1,830 1,791 39 0 1,531 250

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

857 641 527 114 61 217 2

674 598 548 50 47 76 3

1,028 880 683 197 184 147 60

917 812 643 169 156 105 50

845 786 654 131 120 59 30

784 711 594 117 111 73 22

752 686 583 103 99 65 22

914 666 582 84 81 248 11

-343 330 -672 -361 -33 -328 -311

1,116 389 727 742 469 273 -15

3,995 4,306 -311 547 92 455 -858

5,350 5,760 -410 -506 -581 75 96

4,661 1,798 2,863 2,038 -706 2,744 825

1,518 950 568 324 -32 356 244

-1,427 -1,319 -108 -171 -39 -132 63

-2,449 -1,937 -512 164 -39 203 -676

308 35

2,201 451

5,438 -270

2,338 -37

2,016 524

1,309 -37

958 178

1,510 118

73,025 10,237 14,484 429 1,075 1,513

111,767 19,760 32,445 1,871 4,280 10,033

173,418 26,756 53,546 3,203 7,039 7,194

172,279 22,921 39,373 2,548 8,717 11,318

183,913 28,738 43,885 2,140 9,690 14,346

223,271 32,173 50,838 2,102 12,263 14,528

236,473 31,962 52,875 2,372 14,006 10,242

248,002 30,573 53,503 2,906 14,626 5,156

321.9 45.1 28.0 4.6

172.2 30.4 12.4 29.5

185.1 28.6 11.3 14.5

245.8 32.7 15.2 20.1

215.6 33.7 14.9 23.2

198.9 28.7 9.1 22.7

190.7 25.8 14.8 16.8

184.7 22.8 26.3 9.1

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

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.

112

PANAMA (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

6,606 6,481 1 1 124

8,108 8,047 0 0 61

9,280 9,240 0 0 41

11,243 10,934 0 0 309

11,382 11,078 0 0 303

12,583 12,281 0 0 302

13,247 12,944 0 0 303

16,471 16,168 0 0 303

6,481 5,700 1,289 4,411 4,141 780 266

8,047 6,305 1,306 4,999 4,920 1,742 635

9,240 8,129 1,529 6,600 6,415 1,111 1,061

10,934 9,798 1,833 7,965 7,738 1,136 1,061

11,078 10,087 2,126 7,961 7,738 991 911

12,281 10,890 2,399 8,491 8,272 1,391 1,261

12,944 10,676 2,733 7,943 7,725 2,268 2,061

16,168 11,973 3,199 8,773 8,306 4,195 3,671

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

724 486 97 388 370 238 ..

1,595 1,325 94 1,231 1,230 270 150

704 654 254 400 235 50 ..

1,890 1,865 461 1,404 1,323 25 ..

445 440 440 0 0 5 ..

1,377 973 438 535 535 404 350

1,453 537 537 0 0 915 800

2,806 2,191 691 1,500 1,250 615 270

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

411 386 109 277 120 25 ..

1,207 955 139 817 799 251 ..

659 659 160 499 490 .. ..

190 190 154 36 0 .. ..

320 170 165 5 0 150 150

185 178 175 3 0 7 ..

955 917 174 742 741 38 ..

792 764 179 584 584 28 ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

418 365 79 286 264 53 24

541 454 59 394 390 87 44

641 578 71 506 501 64 63

684 596 72 524 514 88 83

726 638 75 563 560 87 83

745 668 76 592 589 77 73

736 689 77 612 606 47 42

875 662 85 577 567 213 205

261 -63 324 324 112 213 ..

378 -55 433 433 414 19 ..

41 89 -48 -48 -98 50 ..

1,700 307 1,393 1,393 1,368 25 ..

125 275 -150 -150 -5 -145 ..

1,192 263 929 929 531 397 ..

498 363 135 135 -742 877 ..

2,014 512 1,503 1,503 916 587 ..

624 ..

470 ..

2,057 ..

1,155 ..

1,967 ..

1,909 ..

2,195 ..

4,111 ..

11,007 9,408 10,258 562 16 723

14,340 11,619 12,882 1,048 130 1,211

26,297 18,313 21,216 1,743 245 2,424

27,326 19,024 19,314 1,310 337 3,028

30,229 20,534 23,748 2,176 410 2,714

31,301 26,799 31,994 2,046 384 2,304

35,175 29,935 33,846 2,538 402 2,466

42,387 29,533 34,314 3,514 418 2,848

70.2 60.0 9.4 10.9

69.8 56.5 15.1 14.9

50.7 35.3 7.1 26.1

59.1 41.1 4.6 26.9

55.4 37.7 5.1 23.8

47.0 40.2 3.5 18.3

44.3 37.7 5.6 18.6

55.8 38.9 5.6 17.3

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

Notes: Long-term private nonguaranteed debt data only cover Inter-American Development Bank and Bonds.

113

PAPUA NEW GUINEA (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

2,305 2,204 49 0 51

1,896 1,651 232 0 13

1,435 1,412 9 0 14

1,787 1,460 130 0 197

5,965 5,380 392 0 193

12,584 12,268 123 0 193

23,128 22,651 284 0 193

21,733 21,231 309 0 193

2,204 1,454 1,394 60 0 750 ..

1,651 1,264 1,213 51 0 387 ..

1,412 1,067 1,023 44 0 345 ..

1,460 1,045 1,008 36 0 415 ..

5,380 1,042 1,009 33 0 4,337 ..

12,268 1,069 1,043 26 0 11,199 ..

22,651 1,130 1,114 16 0 21,521 ..

21,231 2,733 2,725 8 0 18,498 ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

254 219 206 13 0 35 ..

335 45 44 1 0 290 ..

951 26 26 0 0 925 ..

516 33 33 0 0 483 ..

3,153 37 37 0 0 3,116 ..

8,158 94 94 0 0 8,064 ..

10,896 161 161 0 0 10,735 ..

2,808 1,708 1,708 0 0 1,100 ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

196 115 96 19 0 80 ..

183 114 93 21 0 69 ..

932 163 157 6 0 769 ..

513 62 55 7 0 451 ..

758 67 60 7 0 691 ..

1,076 79 71 8 0 997 ..

349 78 70 8 0 271 ..

4,198 75 69 7 0 4,123 ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

85 54 50 5 0 31 ..

54 38 36 2 0 16 ..

40 32 31 1 0 8 ..

28 21 20 1 0 7 ..

50 16 16 1 0 33 ..

104 19 19 1 0 85 ..

131 18 18 0 0 113 ..

231 18 17 0 0 213 ..

30 128 -99 -51 -5 -45 -48

214 -110 323 200 -20 221 123

-63 -131 67 149 -6 156 -82

124 -22 146 25 -7 32 121

2,657 -23 2,680 2,418 -7 2,426 262

6,812 23 6,790 7,059 -8 7,067 -269

10,708 91 10,617 10,456 -8 10,464 161

-1,365 1,639 -3,005 -3,030 -7 -3,023 25

96 ..

31 ..

-26 ..

419 ..

28 ..

-309 ..

-64 ..

18 ..

3,303 2,369 2,013 198 7 287

4,531 3,649 3,368 511 7 718

7,931 6,259 5,713 611 7 1,953

7,855 4,624 5,382 537 5 2,561

9,262 6,097 6,920 466 3 3,033

12,003 7,380 7,796 350 17 4,256

15,024 6,855 9,274 588 14 3,930

14,642 .. .. .. .. 2,775

97.3 69.8 12.9 12.4

52.0 41.8 8.4 37.9

22.9 18.1 15.6 136.1

38.6 22.8 11.7 143.3

97.8 64.4 13.3 50.8

170.5 104.8 16.0 33.8

337.4 153.9 7.0 17.0

.. 148.4 .. 12.8

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%) Notes: Short-term debt is based on data from the BIS.

114

PARAGUAY (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

3,135 2,537 580 11 18

5,412 4,879 513 0 20

9,590 8,423 1,146 0 21

10,624 9,723 752 0 149

12,652 11,358 1,147 0 147

13,078 11,029 1,903 0 146

12,880 11,216 1,517 0 146

13,430 11,251 2,032 0 147

2,537 2,087 1,639 449 0 450 ..

4,879 2,266 1,845 421 0 2,614 ..

8,423 2,263 1,940 323 0 6,159 ..

9,723 2,261 1,979 282 0 7,462 ..

11,358 2,366 2,099 267 0 8,992 ..

11,029 2,305 2,072 233 0 8,724 ..

11,216 2,245 2,051 194 0 8,971 500

11,251 2,696 2,041 655 500 8,555 500

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

192 192 192 0 0 .. ..

1,292 144 141 3 0 1,147 ..

1,480 196 196 0 0 1,284 ..

1,571 248 248 0 0 1,323 ..

1,912 308 308 0 0 1,605 ..

512 163 163 0 0 349 ..

1,670 227 227 0 0 1,443 500

1,647 725 225 500 500 922 ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

207 114 107 7 0 93 ..

332 205 176 29 0 126 ..

296 237 208 29 0 59 ..

308 262 221 41 0 46 ..

313 239 224 15 0 75 ..

711 244 211 34 0 467 ..

1,738 240 201 39 0 1,497 ..

1,550 208 169 39 0 1,342 ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

116 100 70 30 0 16 ..

115 94 77 17 0 21 ..

136 96 78 18 0 40 ..

122 97 83 14 0 25 ..

131 65 63 2 0 66 ..

140 66 61 4 0 75 ..

179 59 55 4 0 120 38

236 65 51 15 12 170 38

-187 85 -272 -100 -7 -93 -173

807 -35 842 995 -26 1,021 -153

1,527 -11 1,538 1,195 -29 1,224 343

868 27 841 1,235 -41 1,277 -394

1,994 84 1,910 1,515 -15 1,530 395

557 -47 605 -151 -34 -118 756

-454 26 -480 -94 -39 -54 -386

613 56 557 42 461 -420 515

104 ..

32 ..

77 ..

197 ..

87 ..

277 ..

300 ..

263 ..

7,085 3,185 3,524 84 278 763

7,360 5,182 5,473 158 161 1,297

17,378 10,278 10,509 505 363 2,845

14,729 8,386 8,423 555 377 3,839

18,618 11,135 11,749 759 410 4,137

23,793 13,336 13,940 641 541 4,950

23,230 12,384 13,374 800 634 4,557

28,447 14,408 14,475 896 591 5,556

98.4 44.2 11.2 24.3

104.4 73.5 9.2 24.0

93.3 55.2 4.5 29.7

126.7 72.1 5.3 36.1

113.6 68.0 4.1 32.7

98.1 55.0 6.5 37.9

104.0 55.4 15.7 35.4

93.2 47.2 12.9 41.4

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

Notes: Long-term private nonguaranteed debt data are estimates based on Central Bank data. Short-term debt is based on data from the BIS.

115

PERU (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

28,813 24,208 3,928 14 677

29,508 26,109 3,212 4 188

34,720 29,159 5,420 22 141

37,390 31,649 4,784 1 956

42,154 34,822 6,393 1 939

45,012 37,751 6,325 0 936

54,150 44,680 8,532 0 937

56,661 49,272 6,450 0 939

24,208 19,270 14,439 4,830 3,727 4,938 150

26,109 22,537 13,830 8,706 8,390 3,572 1,230

29,159 19,415 12,358 7,056 6,879 9,744 3,599

31,649 20,788 11,727 9,061 8,911 10,862 4,428

34,822 20,009 10,555 9,454 9,311 14,813 727

37,751 20,142 10,721 9,422 9,299 17,608 1,705

44,680 19,966 9,982 9,984 9,894 24,714 4,665

49,272 17,077 7,505 9,573 9,511 32,195 9,885

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

2,066 1,489 1,454 35 0 577 ..

3,721 2,635 985 1,650 1,650 1,086 1,080

4,630 1,165 1,165 0 0 3,466 ..

4,772 3,232 1,232 2,000 2,000 1,539 878

5,425 3,862 1,601 2,261 2,261 1,563 ..

3,386 1,003 1,003 0 0 2,382 1,705

6,865 1,347 447 900 900 5,518 2,960

5,787 370 370 0 0 5,417 5,220

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

1,003 986 840 146 0 17 ..

4,189 3,033 2,918 114 90 1,156 ..

3,265 2,618 1,255 1,363 1,338 647 150

2,221 1,833 1,808 25 0 389 50

4,060 3,490 2,971 518 497 570 ..

2,128 892 867 25 0 1,236 727

2,758 1,348 1,013 335 312 1,410 ..

5,130 2,846 2,431 415 400 2,284 ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

1,174 1,105 917 188 179 69 11

1,718 1,403 807 596 568 314 56

1,808 1,185 572 613 603 623 213

1,976 1,084 452 632 623 892 223

2,550 1,096 346 750 742 1,454 284

1,789 1,001 288 712 705 788 463

3,007 969 275 694 688 2,038 176

1,571 940 233 708 704 630 392

283 473 -190 448 -111 560 -638

-46 -1,972 1,927 1,465 1,536 -70 461

1,447 -91 1,538 1,457 -1,363 2,819 81

1,935 -575 2,511 3,126 1,975 1,151 -615

2,974 -1,370 4,344 2,735 1,742 993 1,608

1,191 136 1,055 1,121 -25 1,147 -67

6,314 -566 6,880 4,673 565 4,108 2,207

-1,425 -2,061 636 2,718 -415 3,133 -2,082

810 123

2,579 769

6,267 85

7,213 47

7,762 87

5,948 147

12,904 -32

10,172 ..

49,268 9,247 11,794 344 718 8,374

69,733 20,006 20,631 4,030 1,440 13,599

118,081 36,144 44,404 8,346 2,444 30,271

118,547 31,801 35,411 8,172 2,409 32,013

142,562 39,986 46,794 10,714 2,534 42,648

162,801 51,046 57,586 12,866 2,697 47,206

186,844 51,509 61,647 11,748 2,788 62,300

195,232 49,213 61,685 .. 2,707 64,423

311.6 58.5 27.9 29.1

147.5 42.3 30.3 46.1

96.1 29.4 14.6 87.2

117.6 31.5 13.4 85.6

105.4 29.6 16.7 101.2

88.2 27.6 7.9 104.9

105.1 29.0 11.4 115.1

115.1 29.0 13.8 113.7

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

Notes: Long-term private nonguaranteed debt data are World Bank staff estimates based on reports provided by the country.

116

PHILIPPINES (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

58,456 50,777 5,495 0 2,183

58,693 51,742 6,395 0 555

58,206 51,026 7,001 0 180

55,711 50,395 4,002 0 1,314

60,775 53,189 6,295 0 1,290

61,023 52,723 7,013 0 1,287

61,390 51,619 8,483 0 1,288

60,609 48,106 11,212 0 1,290

50,777 33,744 19,890 13,855 10,466 17,033 2,856

51,742 35,364 18,580 16,784 14,290 16,378 2,975

51,026 39,195 21,599 17,596 16,144 11,831 1,314

50,395 41,923 22,054 19,870 18,627 8,472 956

53,189 44,727 23,210 21,517 20,221 8,462 1,651

52,723 44,579 23,587 20,992 19,722 8,144 1,579

51,619 43,037 21,934 21,103 19,954 8,582 2,600

48,106 38,697 18,665 20,032 19,124 9,410 6,250

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

5,747 5,228 1,528 3,701 2,630 519 5

5,544 3,874 1,144 2,730 2,384 1,670 250

4,293 2,130 1,454 677 576 2,163 ..

8,767 8,124 2,349 5,776 5,510 642 ..

10,928 8,251 1,370 6,881 6,680 2,677 ..

7,954 4,999 1,709 3,290 3,121 2,954 1,075

5,761 3,828 1,436 2,392 2,241 1,933 1,525

4,755 962 910 52 0 3,793 3,650

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

4,047 2,515 1,572 943 395 1,533 445

5,748 3,353 1,788 1,566 1,209 2,395 333

6,995 3,592 2,322 1,270 844 3,402 572

5,675 3,841 1,722 2,120 1,644 1,833 339

8,341 6,813 1,818 4,996 4,807 1,527 174

6,311 4,887 2,007 2,880 2,669 1,424 158

2,725 2,629 1,756 873 655 96 ..

2,918 2,767 2,184 583 366 151 ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

2,469 1,882 841 1,041 880 586 479

3,152 2,409 584 1,825 1,725 743 283

3,376 2,865 612 2,253 2,198 511 103

3,266 2,841 542 2,299 2,257 425 88

3,112 2,977 498 2,479 2,441 135 25

3,195 2,850 489 2,361 2,323 345 147

2,973 2,844 431 2,414 2,379 129 107

2,922 2,660 341 2,319 2,289 261 243

2,551 261 2,290 1,744 2,758 -1,014 546

828 -961 1,788 439 1,164 -725 1,349

-2,785 -868 -1,917 -1,834 -594 -1,240 -83

93 627 -534 2,465 3,656 -1,191 -2,998

4,880 -447 5,328 3,035 1,885 1,149 2,293

2,360 -298 2,658 1,941 410 1,530 718

4,505 -320 4,826 3,356 1,520 1,836 1,470

4,566 -1,275 5,840 3,111 -531 3,642 2,729

2,240 -202

1,321 420

1,288 -462

1,886 308

-214 833

1,531 1,040

2,824 1,753

1,364 -34

94,969 44,060 51,931 230 6,961 13,090

129,797 38,514 48,158 1,382 13,733 15,926

219,815 54,738 70,313 2,163 18,851 33,193

223,416 49,632 57,753 2,202 19,960 38,783

265,929 61,241 71,658 2,417 21,557 55,363

267,776 64,792 77,716 2,910 23,054 67,290

298,581 75,080 87,631 3,955 24,610 73,478

325,828 74,534 86,491 3,908 26,700 75,689

132.7 61.6 16.0 22.4

152.4 45.2 24.7 27.1

106.3 26.5 19.0 57.0

112.2 24.9 18.1 69.6

99.2 22.9 18.7 91.1

94.2 22.8 14.7 110.3

81.8 20.6 7.6 119.7

81.3 18.6 7.8 124.9

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

Notes: Long-term private nonguaranteed debt data no longer include unregistered debt and are revised from 2005 based on the reports provided by the country.

117

ROMANIA (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

11,252 9,937 763 12 552

38,626 30,844 7,413 13 369

102,305 73,528 28,660 2 117

119,865 86,319 22,459 1 11,088

124,136 81,404 26,122 1 16,609

129,633 82,142 29,752 1 17,738

130,419 88,639 26,032 1 15,748

133,996 98,649 25,807 1 9,540

Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

9,937 6,575 4,149 2,426 736 3,362 ..

30,844 13,071 5,930 7,141 2,123 17,773 ..

73,528 15,022 7,820 7,203 2,714 58,505 ..

86,319 18,022 11,099 6,922 2,809 68,297 ..

81,404 20,578 14,058 6,520 3,006 60,826 ..

82,142 24,646 16,665 7,981 4,852 57,496 117

88,639 29,379 17,284 12,095 10,166 59,260 288

98,649 35,574 19,177 16,397 14,783 63,075 4,707

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

3,144 1,937 1,083 854 139 1,207 ..

12,908 2,637 1,016 1,620 623 10,272 ..

32,747 3,059 1,543 1,516 1,104 29,688 ..

23,270 3,937 3,735 202 0 19,332 ..

17,434 5,622 4,128 1,494 1,327 11,812 ..

17,847 6,177 3,900 2,277 2,070 11,670 83

20,955 6,504 1,263 5,241 5,117 14,451 38

21,721 6,379 2,154 4,225 4,186 15,342 135

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

1,705 984 493 490 0 721 75

5,159 1,686 590 1,096 374 3,473 ..

14,464 2,533 685 1,847 883 11,932 ..

13,161 1,414 671 743 0 11,746 ..

15,779 2,146 668 1,478 929 13,633 ..

15,729 1,274 767 507 0 14,454 ..

15,888 2,080 742 1,338 0 13,808 4

19,562 1,225 826 399 0 18,338 ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

631 438 269 170 45 193 7

1,245 670 229 442 184 575 ..

2,925 900 347 552 199 2,025 ..

2,775 740 328 412 156 2,034 ..

2,180 617 297 320 156 1,563 ..

2,454 751 421 330 171 1,703 3

2,313 971 471 500 362 1,342 6

2,230 1,155 464 691 648 1,076 6

1,843 608 1,235 850 364 486 386

10,629 275 10,354 7,322 524 6,799 3,032

17,621 857 16,764 17,425 -331 17,757 -662

13,299 12,454 845 7,046 -540 7,586 -6,200

10,982 9,124 1,858 -1,805 16 -1,821 3,663

6,961 4,346 2,616 -1,015 1,770 -2,784 3,630

-650 -1,475 825 4,545 3,903 643 -3,720

-4,247 -4,853 606 831 3,827 -2,996 -225

1,037 58

4,790 229

7,124 23

2,402 7

2,419 4

2,100 -37

1,022 403

2,512 83

37,024 12,438 14,653 72 96 2,470

96,279 25,693 38,645 2,926 4,708 19,872

198,922 59,740 92,343 4,362 9,285 36,868

161,691 47,150 59,813 1,212 4,881 40,757

162,255 54,951 66,966 717 3,879 43,361

179,539 69,695 82,665 674 3,889 42,939

165,510 65,765 77,678 1,687 3,674 41,162

183,821 76,921 83,959 4,105 3,515 44,811

90.5 30.4 20.1 21.9

150.3 40.1 26.8 51.4

171.3 51.4 30.3 36.0

254.2 74.1 34.6 34.0

225.9 76.5 33.8 34.9

186.0 72.2 27.4 33.1

198.3 78.8 33.7 31.6

174.2 72.9 39.7 33.4

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

118

RWANDA (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

1,289 1,148 38 16 104

1,528 1,415 17 13 97

684 646 6 1 33

869 724 10 0 136

913 765 14 0 133

1,103 971 0 0 132

1,268 1,048 89 0 131

1,690 1,553 8 0 130

1,148 1,148 1,147 1 0 .. ..

1,415 1,415 1,415 0 0 .. ..

646 646 646 0 0 .. ..

724 724 724 0 0 .. ..

765 765 765 0 0 .. ..

971 971 971 0 0 .. ..

1,048 1,048 1,048 0 0 .. ..

1,553 1,553 1,153 400 400 .. ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

40 40 40 0 0 .. ..

85 85 85 0 0 .. ..

111 111 111 0 0 .. ..

85 85 85 0 0 .. ..

61 61 61 0 0 .. ..

223 223 223 0 0 .. ..

97 97 97 0 0 .. ..

524 524 124 400 400 .. ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

13 13 13 0 0 .. ..

9 9 9 0 0 .. ..

5 5 5 0 0 .. ..

8 8 8 0 0 .. ..

12 12 12 0 0 .. ..

13 13 13 0 0 .. ..

14 14 14 0 0 .. ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

8 8 8 0 0 .. ..

10 10 10 0 0 .. ..

6 6 6 0 0 .. ..

7 7 7 0 0 .. ..

8 8 8 0 0 .. ..

25 25 11 14 14 .. ..

24 41 -16 .. .. .. -16

67 70 -3 .. .. .. -3

111 106 5 .. .. .. 5

88 83 5 .. .. .. 5

57 53 4 .. .. .. 4

197 211 -14 .. .. .. -14

172 83 89 .. .. .. 89

427 108 319 400 400 .. -81

8 ..

103 ..

119 ..

42 21

106 31

160 7

111 0

1,719 142 452 3 7 191

2,554 260 693 5 9 406

4,639 726 1,487 16 68 596

5,172 611 1,594 5 93 743

5,582 639 1,710 4 106 813

6,355 933 2,291 12 174 1,050

7,060 1,027 2,570 1 182 848

7,337 1,217 2,615 .. 170 1,070

911.2 75.0 25.7 14.8

587.3 59.8 10.8 26.5

94.2 14.7 2.0 87.2

142.2 16.8 1.9 85.4

142.9 16.4 2.3 89.0

118.3 17.4 2.1 95.2

123.5 18.0 2.2 66.8

138.9 23.0 3.5 63.3

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

Notes: Short-term debt is based on data from the BIS. Data include the effects of HIPC and MDRI debt relief.

119

SAMOA (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

139.2 137.7 0.0 0.0 1.5

169.1 167.5 0.0 0.0 1.6

207.4 205.6 0.0 0.0 1.8

252.9 226.4 0.0 0.0 26.5

325.1 299.1 0.0 0.0 26.0

368.3 342.4 0.0 0.0 25.9

422.9 396.9 0.0 0.0 26.0

447.2 412.3 0.0 0.0 34.9

137.7 137.7 137.7 0.0 0.0 .. ..

167.5 167.5 167.5 0.0 0.0 .. ..

205.6 205.6 205.6 0.0 0.0 .. ..

226.4 226.4 226.4 0.0 0.0 .. ..

299.1 299.1 299.1 0.0 0.0 .. ..

342.4 342.4 342.4 0.0 0.0 .. ..

396.9 396.9 396.9 0.0 0.0 .. ..

412.3 412.3 412.3 0.0 0.0 .. ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

6.7 6.7 6.7 0.0 0.0 .. ..

10.4 10.4 10.4 0.0 0.0 .. ..

25.5 25.5 25.5 0.0 0.0 .. ..

25.2 25.2 25.2 0.0 0.0 .. ..

78.9 78.9 78.9 0.0 0.0 .. ..

47.6 47.6 47.6 0.0 0.0 .. ..

64.3 64.3 64.3 0.0 0.0 .. ..

26.0 26.0 26.0 0.0 0.0 .. ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

4.2 4.2 4.2 0.0 0.0 .. ..

4.3 4.3 4.3 0.0 0.0 .. ..

6.0 6.0 6.0 0.0 0.0 .. ..

7.2 7.2 7.2 0.0 0.0 .. ..

7.7 7.7 7.7 0.0 0.0 .. ..

8.6 8.6 8.6 0.0 0.0 .. ..

9.7 9.7 9.7 0.0 0.0 .. ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

1.3 1.3 1.3 0.0 0.0 .. ..

1.5 1.5 1.5 0.0 0.0 .. ..

2.1 2.1 2.1 0.0 0.0 .. ..

2.5 2.5 2.5 0.0 0.0 .. ..

3.3 3.3 3.3 0.0 0.0 .. ..

4.1 4.1 4.1 0.0 0.0 .. ..

4.7 4.7 4.7 0.0 0.0 .. ..

5.2 5.2 5.2 0.0 0.0 .. ..

2.5 2.5 .. .. .. .. ..

6.1 6.1 .. .. .. .. ..

19.6 19.6 .. .. .. .. ..

28.1 28.1 .. .. .. .. ..

71.6 71.6 .. .. .. .. ..

39.8 39.8 .. .. .. .. ..

55.7 55.7 .. .. .. .. ..

25.2 25.2 .. .. .. .. ..

-1.5 ..

3.8 ..

45.9 ..

9.9 ..

1.0 ..

15.2 ..

23.5 ..

28.0 ..

239.7 .. .. .. 45.0 63.7

388.2 147.3 300.2 30.0 81.6 81.8

531.6 193.5 376.8 50.5 109.0 87.1

470.3 181.4 319.8 27.4 119.5 165.8

552.4 210.4 386.4 17.8 122.1 209.4

605.3 217.6 434.2 29.2 139.1 166.8

647.6 250.8 456.6 36.0 158.8 168.7

665.1 .. .. .. .. 170.9

.. 58.1 .. 45.7

114.8 43.6 3.9 48.4

107.2 39.0 4.2 42.0

139.4 53.8 4.7 65.6

154.5 58.9 5.0 64.4

169.3 60.8 5.5 45.3

168.6 65.3 5.3 39.9

.. 67.2 .. 38.2

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

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 2011, 2012, and 2013 are $2.5 billion, $3.0 billion, and $3.3 billion respectively.

120

SAO TOME AND PRINCIPE (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

303.8 277.3 23.3 11.3 3.3

335.0 316.5 14.4 14.4 4.1

131.4 108.4 18.2 8.2 4.8

159.6 124.7 19.4 8.4 15.6

180.9 145.1 19.9 5.9 15.9

230.8 189.1 25.9 5.9 15.8

201.6 169.3 15.9 7.9 16.4

214.4 183.3 14.1 8.1 17.0

277.3 277.3 277.3 0.0 0.0 .. ..

316.5 316.5 316.5 0.0 0.0 .. ..

108.4 108.4 108.4 0.0 0.0 .. ..

124.7 124.7 124.7 0.0 0.0 .. ..

145.1 145.1 145.1 0.0 0.0 .. ..

189.1 189.1 189.1 0.0 0.0 .. ..

169.3 169.3 169.3 0.0 0.0 .. ..

183.3 183.3 183.3 0.0 0.0 .. ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

9.4 9.4 9.4 0.0 0.0 .. ..

5.4 5.4 5.4 0.0 0.0 .. ..

5.2 5.2 5.2 0.0 0.0 .. ..

18.8 18.8 18.8 0.0 0.0 .. ..

19.8 19.8 19.8 0.0 0.0 .. ..

47.6 47.6 47.6 0.0 0.0 .. ..

1.7 1.7 1.7 0.0 0.0 .. ..

16.0 16.0 16.0 0.0 0.0 .. ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

2.2 2.2 2.2 0.0 0.0 .. ..

4.3 4.3 4.3 0.0 0.0 .. ..

1.6 1.6 1.6 0.0 0.0 .. ..

1.7 1.7 1.7 0.0 0.0 .. ..

1.1 1.1 1.1 0.0 0.0 .. ..

1.0 1.0 1.0 0.0 0.0 .. ..

10.6 10.6 10.6 0.0 0.0 .. ..

4.8 4.8 4.8 0.0 0.0 .. ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

1.2 1.2 1.2 0.0 0.0 .. ..

2.0 2.0 2.0 0.0 0.0 .. ..

0.3 0.3 0.3 0.0 0.0 .. ..

0.5 0.5 0.5 0.0 0.0 .. ..

9.7 9.7 .. .. .. .. ..

1.6 1.6 .. .. .. .. ..

3.9 4.9 -1.0 .. .. .. -1.0

18.7 17.7 1.0 .. .. .. 1.0

22.2 19.2 3.0 .. .. .. 3.0

52.6 46.6 6.0 .. .. .. 6.0

-20.3 -8.3 -12.0 .. .. .. -12.0

9.8 11.8 -2.0 .. .. .. -2.0

3.8 ..

15.7 ..

79.1 ..

15.5 ..

50.6 ..

32.2 ..

22.5 ..

30.0 ..

.. 17.1 42.0 .. 0.5 11.6

120.3 18.1 57.8 .. 1.5 26.7

183.4 19.4 115.6 .. 3.0 61.3

196.2 21.3 104.7 .. 2.0 66.7

200.7 26.2 122.8 .. 6.4 48.2

247.9 31.2 149.4 .. 6.9 52.3

261.1 30.8 144.4 .. 6.4 51.6

308.2 36.6 159.4 .. .. 63.8

1772.0 .. 25.4 3.8

1853.8 278.4 36.3 8.0

675.6 71.6 11.5 46.6

751.0 81.4 9.4 41.8

690.1 90.1 6.0 26.6

739.7 93.1 5.0 22.7

654.8 77.2 36.5 25.6

586.0 69.6 16.3 29.8

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

Notes: Short-term debt is based on data from the BIS. Data include HIPC and MDRI debt relief.

121

SENEGAL (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

3,653 3,221 146 1 286

3,862 3,643 36 0 183

2,851 2,552 197 0 102

3,721 3,312 0 0 409

3,908 3,457 0 0 451

4,324 3,877 0 0 447

4,904 4,462 0 0 442

5,223 4,785 0 0 438

3,221 3,208 3,203 5 0 13 ..

3,643 3,501 3,492 9 0 141 ..

2,552 2,372 2,367 4 0 180 ..

3,312 2,954 2,752 202 200 357 ..

3,457 3,149 2,949 200 200 308 ..

3,877 3,612 3,112 500 500 265 ..

4,462 4,197 3,695 502 500 266 ..

4,785 4,514 4,012 502 500 271 ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

137 136 131 5 0 1 ..

382 333 333 0 0 49 ..

522 518 518 0 0 4 ..

837 628 428 200 200 208 ..

434 352 352 0 0 83 ..

1,009 928 428 500 500 81 ..

746 672 670 2 0 74 ..

533 407 407 0 0 126 ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

127 125 124 0 0 3 ..

112 83 81 2 0 29 ..

126 87 85 3 0 39 ..

146 97 94 3 0 49 ..

229 84 83 2 0 144 ..

236 140 140 0 0 96 ..

211 138 138 0 0 73 ..

267 147 147 0 0 121 ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

58 58 58 0 0 0 ..

55 45 44 1 0 10 ..

49 36 36 0 0 13 ..

50 41 41 0 0 9 ..

75 64 46 18 18 11 ..

122 108 57 51 51 15 ..

102 85 48 37 37 17 ..

128 107 61 46 46 21 ..

-153 5 -158 3 5 -1 -161

242 224 18 18 -2 20 ..

299 471 -172 -37 -3 -34 -135

594 434 160 357 197 159 -197

254 318 -63 -63 -2 -62 ..

770 285 485 485 500 -15 ..

530 527 3 3 2 2 ..

261 255 5 5 .. 5 ..

63 -2

152 -6

442 -93

244 -2

267 23

296 14

276 ..

298 ..

4,589 1,383 1,929 75 233 388

8,551 2,562 3,991 173 789 1,186

13,339 3,785 7,353 178 1,476 1,602

12,634 3,286 5,613 147 1,350 2,123

12,799 3,418 5,557 135 1,478 2,047

14,274 4,055 6,969 209 1,614 1,946

13,865 4,323 7,697 .. .. 2,082

14,974 .. .. .. .. 2,253

264.2 79.6 16.3 10.6

150.8 45.2 7.9 30.7

75.3 21.4 4.8 56.2

113.2 29.5 6.0 57.1

114.3 30.5 8.9 52.4

106.6 30.3 8.9 45.0

113.4 35.4 7.4 42.4

.. 34.9 .. 43.1

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

Notes: Short-term debt before 2009 is based on data from the BIS.

122

SERBIA (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

11,573 6,789 4,558 3,668 226

16,159 12,970 2,242 728 947

30,493 26,719 3,687 704 87

33,814 27,915 3,600 712 2,299

32,935 27,417 2,798 352 2,720

31,724 27,779 1,162 324 2,783

34,444 30,910 1,018 367 2,517

36,397 34,180 571 279 1,647

6,789 6,178 4,243 1,935 0 611 ..

12,970 7,756 6,679 1,077 0 5,214 ..

26,719 8,399 7,223 1,175 0 18,320 165

27,915 8,839 7,664 1,175 0 19,076 165

27,417 9,504 8,172 1,332 0 17,912 165

27,779 11,339 8,738 2,601 1,000 16,440 165

30,910 13,701 9,324 4,378 2,750 17,208 ..

34,180 16,722 10,085 6,637 5,250 17,457 641

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

222 222 187 35 0 .. ..

2,904 311 311 0 0 2,593 ..

6,996 294 291 3 0 6,703 ..

4,533 971 971 0 0 3,562 ..

4,617 1,388 1,149 239 0 3,230 ..

6,280 2,541 1,137 1,404 1,000 3,739 ..

6,382 2,854 965 1,889 1,750 3,528 ..

8,973 3,789 999 2,789 2,500 5,184 641

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

0 0 0 0 0 .. ..

570 48 48 0 0 522 ..

3,486 181 180 1 0 3,305 ..

3,613 158 154 4 0 3,454 ..

3,431 351 275 76 0 3,081 ..

4,257 451 350 101 0 3,806 ..

4,756 623 494 129 0 4,133 165

6,296 1,149 580 568 0 5,147 ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

0 0 0 0 0 .. ..

367 237 194 44 0 129 ..

1,136 354 328 26 0 782 10

916 348 303 45 0 568 10

759 321 241 80 0 438 10

905 348 257 91 0 557 10

978 430 268 162 73 548 5

1,269 617 313 303 221 652 ..

51 268 -217 35 35 .. -252

2,827 241 2,586 2,071 0 2,071 515

4,948 111 4,837 3,400 1 3,398 1,437

2,401 2,392 9 104 -4 108 -95

1,201 1,332 -130 312 163 149 -442

489 861 -372 1,235 1,303 -68 -1,607

1,171 204 968 1,155 1,760 -605 -188

1,452 -448 1,900 2,258 2,221 37 -358

52 ..

.. ..

2,211 -57

1,397 22

815 84

2,213 69

-711 -24

1,377 ..

6,082 .. .. .. .. 392

24,910 .. .. .. .. 5,628

46,395 15,792 29,927 890 2,708 11,123

39,560 12,544 20,348 451 3,933 14,769

36,099 13,916 20,884 552 3,349 12,715

42,238 16,561 24,773 531 3,271 14,877

36,940 16,012 23,788 602 2,763 13,585

41,315 19,376 26,348 .. .. 14,803

.. 190.3 .. 3.4

.. 64.9 .. 34.8

193.1 65.7 30.0 36.5

269.6 85.5 37.0 43.7

236.7 91.2 30.9 38.6

191.6 75.1 31.5 46.9

215.1 93.2 37.7 39.4

187.8 88.1 43.6 40.7

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

Notes: Beginning 2006, the data for Serbia exclude Montenegro.

123

SEYCHELLES (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

304 220 84 5 1

672 398 273 57 1

1,502 650 842 78 10

1,707 708 968 110 32

1,487 463 980 24 44

1,778 457 1,272 16 49

2,024 475 1,494 13 54

2,714 485 2,173 13 56

220 220 159 61 0 .. ..

398 398 224 175 0 .. ..

650 650 196 453 305 .. ..

708 708 271 436 307 .. ..

463 463 213 250 169 .. ..

457 457 209 249 169 .. ..

475 475 228 247 169 .. ..

485 485 245 240 169 .. ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

38 38 19 19 0 .. ..

59 59 8 51 0 .. ..

84 84 4 80 0 .. ..

34 34 25 9 0 .. ..

49 49 33 16 0 .. ..

7 7 6 1 0 .. ..

23 23 20 3 0 .. ..

24 24 24 0 0 .. ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

10 10 5 5 0 .. ..

41 41 11 30 0 .. ..

53 53 15 38 2 .. ..

43 43 18 25 0 .. ..

9 9 6 3 0 .. ..

8 8 7 1 0 .. ..

9 9 5 5 0 .. ..

18 18 10 8 0 .. ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

7 7 2 5 0 .. ..

11 11 3 8 0 .. ..

21 21 4 18 10 .. ..

8 8 4 4 0 .. ..

28 28 2 26 20 .. ..

9 9 3 6 5 .. ..

12 12 4 8 7 .. ..

14 14 5 9 8 .. ..

71 14 57 15 15 .. 42

180 -3 183 21 21 .. 162

81 -1 82 42 42 .. 40

93 15 78 -16 -16 .. 94

151 40 111 13 13 .. 98

305 4 300 0 0 .. 300

244 20 224 -1 -1 .. 225

687 16 671 -8 -8 .. 679

24 ..

86 ..

130 ..

118 ..

119 ..

68 ..

58 ..

178 ..

582 492 545 8 3 44

879 729 935 20 12 56

894 907 1,164 22 3 64

801 853 1,050 8 16 191

926 850 1,069 -13 17 256

1,008 957 1,247 50 25 279

987 951 1,254 45 18 308

1,220 1,108 1,321 .. .. 426

61.9 52.3 4.2 14.4

92.1 76.4 8.1 8.4

165.6 167.9 10.2 4.2

200.1 213.0 7.2 11.2

174.9 160.6 5.7 17.2

185.7 176.4 3.6 15.7

212.8 205.2 4.7 15.2

245.0 222.4 5.6 15.7

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%) Notes: Short-term debt is based on data from the BIS.

124

SIERRA LEONE (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

1,213 973 44 36 196

1,776 1,538 21 11 217

634 545 9 0 80

857 605 23 0 229

931 661 4 0 266

1,050 741 35 0 274

1,125 837 14 0 274

1,395 900 214 0 281

973 973 967 5 0 .. ..

1,538 1,538 1,325 213 0 .. ..

545 545 334 211 0 .. ..

605 605 394 211 0 .. ..

661 661 450 211 0 .. ..

741 741 533 208 0 .. ..

837 837 627 210 0 .. ..

900 900 705 195 0 .. ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

77 77 77 0 0 .. ..

51 51 51 0 0 .. ..

69 69 69 0 0 .. ..

62 62 62 0 0 .. ..

66 66 66 0 0 .. ..

95 95 95 0 0 .. ..

106 106 106 0 0 .. ..

89 89 89 0 0 .. ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

10 10 10 0 0 .. ..

5 5 5 0 0 .. ..

2 2 2 0 0 .. ..

3 3 3 0 0 .. ..

5 5 5 0 0 .. ..

7 7 7 0 0 .. ..

8 8 8 0 0 .. ..

10 10 10 0 0 .. ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

9 9 9 0 0 .. ..

3 3 3 0 0 .. ..

4 4 4 0 0 .. ..

6 6 6 0 0 .. ..

7 7 7 0 0 .. ..

57 55 1 .. .. .. 1

54 64 -10 .. .. .. -10

89 85 4 .. .. .. 4

92 78 14 .. .. .. 14

83 102 -19 .. .. .. -19

128 97 31 .. .. .. 31

77 98 -21 .. .. .. -21

285 85 200 .. .. .. 200

39 ..

53 ..

74 ..

85 6

225 0

770 0

529 7

579 ..

616 62 262 2 7 49

1,590 267 509 41 2 171

2,701 348 685 76 23 220

2,665 380 797 39 36 405

2,607 427 1,191 46 44 409

3,039 548 2,711 219 59 439

3,438 1,350 2,689 130 61 478

4,483 .. .. .. .. 533

1,941.0 196.8 76.4 4.1

664.7 111.7 6.9 9.6

182.1 23.5 1.7 34.7

225.7 32.2 2.1 47.3

218.3 35.7 2.7 43.9

191.8 34.6 3.4 41.8

83.3 32.7 1.5 42.5

.. 31.1 .. 38.2

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

Notes: Short-term debt before 2013 is based on data from the BIS.

125

SOLOMON ISLANDS (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

156.2 152.1 3.2 1.8 0.9

167.4 151.2 15.3 12.3 0.9

166.9 162.8 3.1 3.1 1.0

172.4 154.4 2.5 1.5 15.5

230.8 201.9 4.0 4.0 24.9

257.5 210.3 12.9 8.9 34.4

228.1 191.5 2.0 0.0 34.6

204.0 166.0 3.0 0.0 34.9

152.1 120.7 117.3 3.4 0.0 31.5 ..

151.2 144.2 143.8 0.4 0.0 7.0 ..

162.8 137.1 136.6 0.4 0.0 25.8 ..

154.4 132.9 132.7 0.2 0.0 21.5 ..

201.9 125.3 125.2 0.1 0.0 76.6 ..

210.3 117.8 117.8 0.0 0.0 92.4 ..

191.5 110.2 110.2 0.0 0.0 81.3 ..

166.0 101.1 101.1 0.0 0.0 64.9 ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

3.4 3.4 3.4 0.0 0.0 .. ..

5.7 5.7 5.3 0.4 0.0 .. ..

1.1 0.1 0.1 0.0 0.0 1.0 ..

13.7 0.0 0.0 0.0 0.0 13.7 ..

36.8 0.0 0.0 0.0 0.0 36.8 ..

27.3 0.0 0.0 0.0 0.0 27.3 ..

2.2 0.0 0.0 0.0 0.0 2.2 ..

5.5 0.0 0.0 0.0 0.0 5.5 ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

6.2 2.7 2.7 0.0 0.0 3.5 ..

10.0 5.8 3.2 2.6 0.0 4.2 ..

10.8 10.8 10.7 0.1 0.0 .. ..

7.6 6.5 6.3 0.2 0.0 1.1 ..

17.5 8.6 8.4 0.2 0.0 8.9 ..

12.6 6.6 6.5 0.1 0.0 6.0 ..

21.8 6.5 6.5 0.0 0.0 15.3 ..

38.9 6.4 6.4 0.0 0.0 32.5 ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

2.7 0.8 0.8 0.0 0.0 1.9 ..

3.9 1.7 1.7 0.0 0.0 2.3 ..

4.3 4.3 4.3 0.0 0.0 0.0 ..

2.4 1.8 1.8 0.0 0.0 0.5 ..

3.2 1.7 1.7 0.0 0.0 1.5 ..

2.6 1.7 1.7 0.0 0.0 0.9 ..

8.1 1.5 1.5 0.0 0.0 6.5 ..

5.3 1.4 1.4 0.0 0.0 3.9 ..

-4.4 0.6 -5.0 -3.5 .. -3.5 -1.5

-2.3 2.1 -4.4 -6.4 -2.1 -4.2 2.0

-9.7 -10.6 0.9 0.9 -0.1 1.0 ..

7.1 -6.3 13.4 12.4 -0.2 12.6 1.0

27.9 1.1 26.8 27.8 -0.2 28.0 -1.0

28.5 3.3 25.2 21.2 -0.1 21.3 4.0

-21.3 -6.3 -15.1 -13.1 .. -13.1 -2.0

-32.2 -6.1 -26.0 -27.0 .. -27.0 1.0

13.0 ..

0.3 ..

82.8 ..

109.9 ..

113.0 ..

104.5 ..

64.6 ..

105.3 ..

435.5 128.8 176.4 8.3 4.3 32.0

415.5 154.9 250.1 5.3 7.2 94.8

514.0 289.7 524.0 103.5 1.7 88.8

432.9 247.5 492.5 135.5 2.5 146.0

508.3 347.8 690.3 127.0 1.7 265.8

690.2 582.9 771.9 133.5 1.9 412.3

897.6 665.1 761.3 84.2 17.2 469.5

960.5 .. .. .. .. 491.5

121.3 35.9 7.1 20.5

108.1 40.3 9.1 56.7

57.6 32.5 5.2 53.2

69.7 39.8 4.0 84.7

66.4 45.4 6.0 115.2

44.2 37.3 2.6 160.1

34.3 25.4 4.5 205.8

.. 21.2 .. 241.0

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%) Notes: Short-term debt is based on data from the BIS.

126

SOMALIA (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

2,579 1,825 591 569 164

2,770 1,882 709 709 180

2,970 1,983 793 793 194

3,046 1,987 810 810 248

3,045 1,990 811 811 244

3,053 1,992 818 818 243

3,055 1,985 827 827 243

3,054 1,977 834 834 243

1,825 1,825 1,792 33 0 .. ..

1,882 1,882 1,846 35 0 .. ..

1,983 1,983 1,946 37 0 .. ..

1,987 1,987 1,950 38 0 .. ..

1,990 1,990 1,954 37 0 .. ..

1,992 1,992 1,955 36 0 .. ..

1,985 1,985 1,948 36 0 .. ..

1,977 1,977 1,940 37 0 .. ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

0 0 0 0 0 .. ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

0 0 0 0 0 .. ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

0 0 0 0 0 .. ..

-7 .. -7 .. .. .. -7

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

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

0 ..

24 ..

87 ..

108 ..

112 ..

102 ..

107 ..

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

.. .. .. ..

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

Notes: Long-term public and publicly guaranteed debt data are World Bank staff estimates based on the original terms of the loans.

127

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

2005

2008

2009

2010

2011

2012

2013

25,435 15,595 9,553 0 287

44,737 30,146 14,276 0 315

70,696 44,895 25,462 0 339

81,360 57,275 21,286 0 2,799

107,131 82,651 21,730 0 2,750

116,119 92,844 20,534 0 2,741

144,871 114,259 27,868 0 2,744

139,845 109,846 27,249 0 2,750

15,595 9,088 145 8,943 4,749 6,507 1,110

30,146 20,743 286 20,457 12,242 9,403 3,196

44,895 20,016 259 19,757 13,663 24,879 8,322

57,275 24,658 227 24,430 18,508 32,617 8,485

82,651 39,017 1,139 37,878 32,329 43,634 8,786

92,844 46,669 1,449 45,220 38,548 46,175 12,638

114,259 62,471 2,782 59,689 53,133 51,788 14,069

109,846 60,793 3,046 57,747 50,242 49,053 13,152

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

3,611 1,597 91 1,506 765 2,014 712

2,678 2,678 58 2,620 0 .. ..

1,871 1,219 3 1,216 0 652 ..

4,502 2,332 32 2,300 2,000 2,170 163

6,833 3,777 913 2,864 2,000 3,056 1,135

10,655 5,050 490 4,560 3,500 5,605 3,852

10,126 4,729 1,415 3,314 2,500 5,397 2,738

9,434 5,231 526 4,705 3,000 4,202 3,543

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

2,631 1,649 0 1,649 306 982 ..

2,870 2,870 27 2,844 1,091 .. ..

4,492 2,353 26 2,327 888 2,139 1,513

2,127 1,419 38 1,381 250 708 ..

2,864 1,278 40 1,238 0 1,586 834

2,382 1,165 42 1,123 104 1,217 ..

5,255 2,637 37 2,600 1,670 2,618 1,307

5,518 2,319 25 2,294 1,535 3,199 2,083

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

746 549 1 548 278 196 27

1,269 1,058 12 1,046 771 212 212

1,931 1,192 16 1,176 894 739 549

1,749 1,097 10 1,087 953 652 432

2,382 1,573 20 1,553 1,488 810 460

2,975 2,061 40 2,021 1,968 914 664

3,574 2,627 62 2,565 2,475 948 776

3,282 2,413 70 2,342 2,278 869 602

-282 91 -373 889 -143 1,032 -1,262

2,888 31 2,857 -224 -224 .. 3,081

-1,203 -23 -1,180 -2,598 -1,111 -1,487 1,418

-1,801 -6 -1,795 2,381 919 1,462 -4,176

4,413 873 3,540 3,096 1,626 1,470 444

7,077 448 6,629 7,825 3,437 4,388 -1,196

12,205 1,378 10,827 3,493 714 2,779 7,334

3,297 502 2,795 3,414 2,411 1,003 -619

969 4,169

6,192 7,230

6,729 -4,707

4,957 9,364

-4,194 5,826

2,903 -3,769

1,671 -679

2,699 1,011

129,702 39,507 38,771 2,329 344 6,083

242,112 72,202 78,267 4,320 614 18,579

264,189 104,867 122,644 8,031 783 30,584

277,840 82,551 91,219 5,279 862 35,237

357,981 108,665 113,410 6,165 1,070 38,175

394,726 128,925 136,432 8,375 1,158 42,595

373,455 120,378 136,593 8,486 1,085 43,995

343,243 115,817 133,129 8,049 971 44,864

64.4 19.6 9.9 23.9

62.0 18.5 6.5 41.5

67.4 26.8 6.8 43.3

98.6 29.3 5.6 43.3

98.6 29.9 5.5 35.6

90.1 29.4 4.6 36.7

120.3 38.8 8.1 30.4

120.7 40.7 8.3 32.1

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

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.

128

SRI LANKA (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

9,173 8,236 685 112 253

11,472 9,997 992 0 483

15,710 13,345 2,087 0 278

16,244 14,642 261 0 1,341

19,898 17,392 586 0 1,920

22,072 19,747 0 0 2,325

23,520 20,377 25 0 3,118

25,168 22,497 6 6 2,665

8,236 7,868 6,928 940 65 368 ..

9,997 9,609 8,982 627 65 388 100

13,345 12,611 11,285 1,327 500 734 100

14,642 13,676 11,933 1,743 1,000 967 ..

17,392 16,473 13,603 2,870 2,000 919 ..

19,747 18,734 14,793 3,941 3,000 1,013 ..

20,377 20,374 15,878 4,497 3,500 3 ..

22,497 22,397 16,619 5,778 4,750 100 100

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

732 563 348 215 0 169 ..

929 818 670 149 0 111 ..

1,238 1,083 789 293 0 156 ..

2,209 1,822 1,160 662 500 387 ..

3,086 2,989 1,805 1,183 1,000 97 ..

2,990 2,746 1,607 1,138 1,000 244 ..

3,312 3,312 2,143 1,169 1,000 0 ..

3,592 3,492 2,063 1,429 1,250 100 100

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

453 439 216 223 50 14 ..

228 209 123 86 0 19 ..

804 743 518 224 65 61 ..

967 812 555 257 0 154 100

715 570 507 64 0 145 ..

805 651 587 64 0 154 ..

1,200 1,199 604 595 500 0 ..

743 743 613 130 0 .. ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

213 178 125 54 6 35 ..

106 84 65 19 4 22 7

286 251 178 73 46 35 7

325 285 227 58 43 40 7

616 596 308 288 72 20 ..

448 405 268 137 124 43 ..

515 515 292 223 207 0 ..

571 571 326 245 220 .. ..

-25 45 -70 148 -7 155 -218

1,160 661 499 155 63 92 344

811 193 619 164 69 95 455

-43 1,145 -1,189 637 405 233 -1,826

3,293 1,895 1,397 1,072 1,120 -48 325

2,021 1,443 578 1,165 1,075 90 -586

2,923 2,325 599 574 574 0 25

2,369 995 1,374 1,399 1,299 100 -25

173 ..

272 -216

542 -488

173 -382

240 -1,049

251 -171

360 272

373 263

16,016 6,527 8,554 109 1,166 1,039

24,107 7,963 10,441 115 1,976 2,650

39,746 10,338 16,889 470 2,925 2,469

41,583 9,099 12,318 230 3,337 4,616

48,950 11,423 16,159 303 4,123 6,710

58,526 14,109 23,368 385 5,153 6,248

58,179 13,716 23,152 449 6,000 6,378

65,363 15,227 23,531 772 6,422 6,611

140.5 57.3 12.1 11.3

144.1 47.6 5.3 23.1

152.0 39.5 11.9 15.7

178.5 39.1 15.5 28.4

174.2 40.6 12.2 33.7

156.4 37.7 9.2 28.3

171.5 40.4 13.1 27.1

165.3 38.5 11.9 26.3

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

Notes: Long-term private nonguaranteed debt data for 2013 are World Bank staff estimates based on reports provided by the country. Short-term debt before 2009 is based on data from the BIS.

129

ST. LUCIA (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

222.2 153.5 67.8 0.0 1.0

415.7 238.6 176.0 0.0 1.1

832.4 316.3 514.9 0.9 1.1

433.1 314.9 84.6 2.6 33.6

579.6 321.3 225.3 5.3 33.0

451.2 310.1 99.9 3.9 41.2

432.3 345.4 45.7 1.6 41.2

486.3 342.2 102.7 2.2 41.3

153.5 153.5 120.7 32.8 23.5 .. ..

238.6 238.6 164.6 74.0 70.9 .. ..

316.3 316.3 232.7 83.6 83.6 .. ..

314.9 314.9 239.8 75.1 75.1 .. ..

321.3 321.3 258.0 63.3 63.3 .. ..

310.1 310.1 258.7 51.4 51.4 .. ..

345.4 345.4 249.7 95.7 95.7 .. ..

342.2 342.2 246.3 95.9 95.9 .. ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

48.7 48.7 16.8 31.9 23.5 .. ..

12.6 12.6 12.6 0.0 0.0 .. ..

13.0 13.0 13.0 0.0 0.0 .. ..

25.8 25.8 22.4 3.4 3.4 .. ..

36.4 36.4 36.4 0.0 0.0 .. ..

20.0 20.0 20.0 0.0 0.0 .. ..

6.9 6.9 6.9 0.0 0.0 .. ..

12.0 12.0 12.0 0.0 0.0 .. ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

20.9 20.9 11.7 9.2 0.0 .. ..

14.2 14.2 9.5 4.7 4.7 .. ..

32.4 32.4 17.5 15.0 11.9 .. ..

27.8 27.8 16.0 11.9 11.9 .. ..

29.9 29.9 18.0 11.9 11.9 .. ..

31.3 31.3 19.4 11.9 11.9 .. ..

28.0 28.0 16.1 11.9 11.9 .. ..

20.8 20.8 15.9 4.9 4.9 .. ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

6.4 6.4 5.2 1.2 1.0 .. ..

12.8 12.8 6.3 6.5 6.3 .. ..

15.1 15.1 8.3 6.9 6.6 .. ..

13.4 13.4 7.4 6.1 6.1 .. ..

10.6 10.6 7.4 3.2 3.2 .. ..

11.3 11.3 6.7 4.6 4.6 .. ..

14.4 14.4 6.4 8.0 8.0 .. ..

13.6 13.6 6.1 7.5 7.5 .. ..

40.3 5.1 35.2 22.7 22.7 .. 12.5

65.4 3.1 62.3 -4.7 -4.7 .. 67.0

321.6 -4.5 326.0 -15.0 -15.0 .. 341.0

-423.4 17.1 -440.5 -8.5 -8.5 .. -432.0

144.5 18.4 126.1 -11.9 -11.9 .. 138.0

-126.8 9.1 -135.9 -11.9 -11.9 .. -124.0

-73.0 -9.2 -63.8 -11.9 -11.9 .. -51.9

47.7 -3.9 51.5 -4.9 -4.9 .. 56.4

53.7 ..

75.3 ..

108.5 ..

72.6 ..

67.9 ..

44.8 ..

45.2 ..

52.4 ..

719.9 380.6 494.2 33.4 26.4 78.8

836.0 533.0 675.5 51.1 27.1 116.4

1,112.2 544.3 900.4 52.5 28.9 142.8

1,134.8 560.5 709.6 35.3 28.0 174.8

1,212.6 626.6 844.7 31.7 29.0 206.3

1,276.3 589.1 852.3 12.0 29.4 213.4

1,283.7 621.7 811.7 23.3 29.8 232.0

1,306.3 631.7 739.3 19.8 30.1 192.2

58.4 30.9 7.9 35.5

78.0 49.7 6.0 28.0

152.9 74.8 10.6 17.2

77.3 38.2 7.7 40.4

92.5 47.8 7.4 35.6

76.6 35.4 7.6 47.3

69.5 33.7 7.4 53.7

77.0 37.2 5.9 39.5

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

Notes: Short-term debt before 2012 is based on data from the BIS.

130

ST. VINCENT AND THE GRENADINES (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

195.1 163.3 31.4 0.4 0.5

252.6 247.8 4.3 4.3 0.5

204.6 203.9 0.2 0.2 0.5

222.0 203.2 0.5 0.5 18.3

273.4 255.5 0.0 0.0 17.9

282.8 259.8 0.0 0.0 23.0

268.4 245.4 0.0 0.0 23.0

292.8 269.7 0.0 0.0 23.0

163.3 163.3 104.8 58.5 0.0 .. ..

247.8 247.8 114.8 133.0 0.0 .. ..

203.9 203.9 133.3 70.6 0.0 .. ..

203.2 203.2 143.3 59.8 0.0 .. ..

255.5 255.5 206.7 48.7 0.0 .. ..

259.8 259.8 222.0 37.8 0.0 .. ..

245.4 245.4 220.0 25.4 0.0 .. ..

269.7 269.7 252.2 17.5 0.0 .. ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

8.5 8.5 8.5 0.0 0.0 .. ..

42.4 42.4 12.4 30.0 0.0 .. ..

23.4 23.4 7.4 16.0 0.0 .. ..

20.2 20.2 20.2 0.0 0.0 .. ..

76.2 76.2 76.2 0.0 0.0 .. ..

25.9 25.9 25.9 0.0 0.0 .. ..

9.9 9.9 9.9 0.0 0.0 .. ..

45.0 45.0 44.1 1.0 0.0 .. ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

6.1 6.1 5.7 0.4 0.0 .. ..

15.5 15.5 7.7 7.7 0.0 .. ..

18.7 18.7 8.6 10.1 0.0 .. ..

21.4 21.4 10.6 10.7 0.0 .. ..

22.7 22.7 11.6 11.1 0.0 .. ..

21.4 21.4 10.5 10.9 0.0 .. ..

24.6 24.6 12.2 12.4 0.0 .. ..

21.0 21.0 12.1 8.9 0.0 .. ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

5.1 5.1 3.3 1.8 0.0 .. ..

8.2 8.2 3.5 4.7 0.0 .. ..

10.7 10.7 5.6 5.1 0.0 .. ..

9.7 9.7 4.4 5.4 0.0 .. ..

8.7 8.7 4.4 4.3 0.0 .. ..

8.9 8.9 5.4 3.4 0.0 .. ..

7.4 7.4 4.6 2.8 0.0 .. ..

7.2 7.2 5.3 1.9 0.0 .. ..

1.6 2.8 -1.2 -0.4 -0.4 .. -0.8

26.9 4.6 22.3 22.3 22.3 .. ..

4.7 -1.2 5.9 5.9 5.9 .. ..

4.6 15.4 -10.7 -10.7 -10.7 .. ..

53.5 64.6 -11.1 -11.1 -11.1 .. ..

9.8 20.7 -10.9 -10.9 -10.9 .. ..

-14.7 -2.2 -12.4 -12.4 -12.4 .. ..

24.0 31.9 -7.9 -7.9 -7.9 .. ..

37.7 ..

23.7 ..

75.2 ..

60.2 ..

63.1 ..

74.6 ..

88.3 ..

89.5 ..

378.3 182.6 222.8 12.7 22.5 55.2

521.8 208.9 329.2 22.1 22.4 69.5

672.6 220.3 463.8 18.1 26.8 83.7

661.9 206.0 414.7 12.4 29.1 87.8

669.3 195.9 414.1 11.0 29.1 112.7

664.4 192.3 399.1 7.4 29.2 89.6

690.7 202.4 420.1 5.6 31.1 111.0

721.9 208.6 443.1 5.8 31.6 135.1

106.9 51.6 7.2 28.3

120.9 48.4 11.3 27.5

92.9 30.4 13.4 40.9

107.7 33.5 15.1 39.6

139.6 40.9 16.1 41.2

147.0 42.6 15.8 31.7

132.6 38.9 15.8 41.4

140.3 40.6 13.5 46.1

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

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 2011, 2012, and 2013 are $393 million, $361 million, and $464 million respectively.

131

SUDAN (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

16,085 10,647 4,745 4,474 693

17,613 11,232 5,788 5,377 593

20,280 13,120 6,673 6,197 486

21,128 13,707 6,740 6,523 682

22,233 14,444 7,126 6,772 664

21,146 15,093 5,402 4,891 651

21,793 15,697 5,452 5,090 645

22,416 16,395 5,382 5,147 639

10,647 10,151 8,393 1,758 0 496 ..

11,232 11,232 9,145 2,087 0 .. ..

13,120 13,120 10,730 2,390 0 .. ..

13,707 13,707 11,258 2,449 0 .. ..

14,444 14,444 11,815 2,629 0 .. ..

15,093 15,093 11,350 3,743 0 .. ..

15,697 15,697 11,366 4,331 0 .. ..

16,395 16,395 11,611 4,785 0 .. ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

861 861 318 543 0 .. ..

387 387 387 0 0 .. ..

673 673 673 0 0 .. ..

971 971 971 0 0 .. ..

935 935 935 0 0 .. ..

793 793 793 0 0 .. ..

319 319 319 0 0 .. ..

415 415 415 0 0 .. ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

143 143 143 0 0 .. ..

291 291 291 0 0 .. ..

219 219 219 0 0 .. ..

362 362 362 0 0 .. ..

397 397 397 0 0 .. ..

416 416 416 0 0 .. ..

274 274 274 0 0 .. ..

211 211 211 0 0 .. ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

42 42 42 0 0 .. ..

67 67 67 0 0 .. ..

68 68 68 0 0 .. ..

111 111 111 0 0 .. ..

83 83 83 0 0 .. ..

100 100 100 0 0 .. ..

76 76 76 0 0 .. ..

73 73 73 0 0 .. ..

625 121 504 543 543 .. -39

76 67 9 .. .. .. 9

591 389 202 .. .. .. 202

339 598 -259 .. .. .. -259

669 532 137 .. .. .. 137

524 367 157 .. .. .. 157

-111 38 -149 .. .. .. -149

70 197 -127 .. .. .. -127

392 ..

-676 78

-947 72

-846 0

-831 7

-378 13

2,313 2

2,179 0

11,548 1,839 2,594 .. 641 138

24,587 5,051 8,836 699 704 1,869

50,398 12,248 16,119 4,314 1,591 1,399

48,824 8,686 14,567 2,112 1,394 1,094

59,712 11,797 15,466 2,393 1,100 1,036

61,232 10,508 12,788 1,011 442 193

56,347 5,140 12,253 529 401 193

46,768 8,357 14,551 2,749 424 193

874.8 139.3 13.5 0.9

348.7 71.6 7.9 10.6

165.6 40.2 3.0 6.9

243.2 43.3 5.6 5.2

188.5 37.2 4.2 4.7

201.2 34.5 5.1 0.9

424.0 38.7 7.0 0.9

268.2 47.9 3.5 0.9

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

Notes: Long-term public and publicly guaranteed debt data exclude penalty interest. Short-term debt is based on data from the BIS.

132

SWAZILAND (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

273.2 262.9 1.8 0.0 8.4

459.3 370.0 80.1 15.1 9.2

447.4 365.5 72.0 15.0 9.9

507.9 405.3 27.0 25.0 75.7

707.1 402.1 230.7 35.7 74.4

653.7 378.6 201.0 48.0 74.1

481.8 340.2 67.4 42.4 74.2

463.6 316.5 72.7 41.7 74.4

262.9 262.9 243.1 19.8 0.0 .. ..

370.0 370.0 338.6 31.4 0.0 .. ..

365.5 365.5 345.6 19.9 0.0 .. ..

405.3 405.3 380.8 24.5 0.0 .. ..

402.1 402.1 375.5 26.6 0.0 .. ..

378.6 378.6 357.5 21.1 0.0 .. ..

340.2 340.2 320.5 19.7 0.0 .. ..

316.5 316.5 300.7 15.8 0.0 .. ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

15.8 15.8 15.8 0.0 0.0 .. ..

51.7 51.7 51.1 0.6 0.0 .. ..

56.3 56.3 56.3 0.0 0.0 .. ..

36.5 36.5 36.5 0.0 0.0 .. ..

11.5 11.5 11.5 0.0 0.0 .. ..

32.1 32.1 32.1 0.0 0.0 .. ..

5.2 5.2 5.2 0.0 0.0 .. ..

18.2 18.2 18.2 0.0 0.0 .. ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

12.4 12.4 12.4 0.0 0.0 .. ..

18.8 18.8 18.1 0.7 0.0 .. ..

34.2 34.2 33.6 0.5 0.0 .. ..

28.9 28.9 28.4 0.5 0.0 .. ..

27.9 27.9 27.3 0.6 0.0 .. ..

26.7 26.7 26.1 0.6 0.0 .. ..

35.4 35.4 34.9 0.5 0.0 .. ..

19.4 19.4 19.2 0.2 0.0 .. ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

16.1 16.1 10.2 5.9 0.0 .. ..

14.7 14.7 10.5 4.2 0.0 .. ..

19.4 19.4 16.3 3.1 0.0 .. ..

16.4 16.4 14.6 1.7 0.0 .. ..

13.5 13.5 13.0 0.5 0.0 .. ..

14.4 14.4 14.0 0.4 0.0 .. ..

15.7 15.7 13.0 2.7 0.0 .. ..

10.2 10.2 9.0 1.2 0.0 .. ..

-47.5 3.4 -50.9 .. .. .. -50.9

54.0 33.1 20.9 -0.1 -0.1 .. 21.0

49.1 22.7 26.5 -0.5 -0.5 .. 27.0

-47.4 8.2 -55.5 -0.5 -0.5 .. -55.0

176.6 -15.7 192.4 -0.6 -0.6 .. 193.0

-36.6 6.0 -42.6 -0.6 -0.6 .. -42.0

-158.2 -29.7 -128.5 -0.5 -0.5 .. -128.0

4.8 -0.9 5.8 -0.2 -0.2 .. 6.0

90.7 1.4

-15.8 0.8

90.6 43.9

53.1 -6.6

49.3 4.7

50.3 ..

2.7 ..

67.0 ..

1,558.7 1,376.4 1,522.9 65.9 56.9 351.8

2,762.4 2,075.9 2,276.0 44.0 95.4 243.9

3,014.6 2,042.3 2,483.4 252.7 89.6 751.9

3,069.1 2,066.2 2,672.4 352.5 93.5 958.9

3,802.1 2,275.3 3,063.4 401.6 54.7 756.3

3,890.1 2,397.6 3,265.8 397.6 38.1 600.5

3,748.3 2,361.1 3,181.5 466.1 31.3 741.0

3,530.3 2,316.1 2,978.2 .. .. 762.5

19.8 17.5 2.2 128.8

22.1 16.6 1.8 53.1

21.9 14.8 2.7 168.1

24.6 16.6 2.2 188.8

31.1 18.6 1.9 107.0

27.3 16.8 1.8 91.9

20.4 12.9 2.2 153.8

20.0 13.1 1.3 164.5

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%) Notes: Short-term debt is based on data from the BIS.

133

SYRIAN ARAB REPUBLIC (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

22,203 16,464 5,692 2,372 48

5,583 5,025 506 193 52

5,374 4,737 581 145 56

5,674 4,480 756 206 438

5,263 4,276 558 217 430

4,968 3,998 542 218 429

4,736 3,948 359 316 429

4,753 3,898 425 401 430

16,464 16,464 15,502 962 0 .. ..

5,025 5,025 5,025 0 0 .. ..

4,737 4,737 4,737 0 0 .. ..

4,480 4,480 4,480 0 0 .. ..

4,276 4,276 4,276 0 0 .. ..

3,998 3,998 3,998 0 0 .. ..

3,948 3,948 3,948 0 0 .. ..

3,898 3,898 3,898 0 0 .. ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

18 18 18 0 0 .. ..

189 189 189 0 0 .. ..

282 282 282 0 0 .. ..

281 281 281 0 0 .. ..

286 286 286 0 0 .. ..

222 222 222 0 0 .. ..

0 0 0 0 0 .. ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

239 239 224 16 0 .. ..

439 439 428 11 0 .. ..

560 560 560 0 0 .. ..

499 499 499 0 0 .. ..

508 508 508 0 0 .. ..

509 509 509 0 0 .. ..

0 0 0 0 0 .. ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

127 127 126 1 0 .. ..

110 110 110 0 0 .. ..

125 125 125 0 0 .. ..

119 119 119 0 0 .. ..

111 111 111 0 0 .. ..

109 109 109 0 0 .. ..

0 0 0 0 0 .. ..

-826 -205 -621 -16 -16 .. -605

-357 -239 -118 -11 -11 .. -107

-350 -279 -71 .. .. .. -71

-104 -218 114 .. .. .. 114

-430 -221 -209 .. .. .. -209

-304 -287 -17 .. .. .. -17

-281 .. -281 .. .. .. -281

-19 .. -19 .. .. .. -19

270 ..

500 ..

1,466 ..

2,570 ..

1,469 ..

.. ..

18,446 7,190 6,614 .. 180 126

27,980 11,907 12,359 1,220 823 17,347

.. 20,289 20,967 1,527 1,325 17,062

.. 16,026 18,118 1,301 1,350 17,398

.. 19,919 21,235 1,684 1,623 19,465

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

308.8 120.4 6.8 0.6

46.9 20.0 4.8 310.7

26.5 .. 3.4 317.5

35.4 .. 3.9 306.6

26.4 .. 3.1 369.8

.. .. .. ..

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

Notes: Long-term public and publicly guaranteed debt data are World Bank staff estimates. Short-term debt is based on data from the BIS.

134

TAJIKISTAN (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

1,141 846 77 45 218

1,121 850 27 2 244

2,493 2,261 90 0 142

2,666 2,423 74 0 170

3,082 2,734 122 0 227

3,322 2,946 129 0 246

3,643 3,340 16 16 287

3,538 3,126 125 17 287

846 755 704 51 0 91 ..

850 826 817 8 0 24 ..

2,261 1,374 1,374 0 0 887 ..

2,423 1,606 1,606 0 0 816 ..

2,734 1,806 1,806 0 0 927 ..

2,946 1,968 1,968 0 0 979 ..

3,340 2,001 2,001 0 0 1,339 ..

3,126 2,016 2,016 0 0 1,110 ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

37 36 36 0 0 1 ..

108 105 105 0 0 2 ..

379 356 356 0 0 24 ..

518 211 211 0 0 307 ..

924 251 251 0 0 673 ..

723 200 200 0 0 523 ..

556 105 105 0 0 451 ..

105 105 105 0 0 .. ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

28 15 15 0 0 12 ..

42 37 37 0 0 5 ..

64 52 52 0 0 12 ..

409 35 35 0 0 374 ..

630 37 37 0 0 593 ..

513 34 34 0 0 479 ..

334 74 74 0 0 261 ..

320 93 93 0 0 227 ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

21 7 4 4 0 14 ..

10 9 9 0 0 1 ..

28 26 26 0 0 2 ..

41 24 24 0 0 17 ..

54 23 23 0 0 31 ..

64 28 28 0 0 36 ..

94 30 30 0 0 63 ..

104 30 30 0 0 74 ..

-4 36 -40 -11 .. -11 -29

23 84 -61 -3 .. -3 -58

302 273 29 12 .. 12 18

119 202 -83 -67 .. -67 -16

401 274 127 80 .. 80 47

238 187 52 44 .. 44 7

132 71 61 190 .. 190 -129

-107 12 -119 -227 .. -227 108

24 ..

54 ..

376 ..

16 ..

29 ..

20 ..

41 ..

108 ..

824 .. .. .. .. 93

2,234 1,264 1,733 2 467 168

5,108 1,776 4,227 4 2,544 104

4,908 1,225 3,141 5 1,748 175

5,563 899 3,458 9 2,306 324

6,483 1,198 4,319 7 3,060 289

7,581 1,684 5,383 33 3,626 298

8,458 .. .. .. .. 461

.. 138.4 .. 8.1

88.7 50.2 5.8 15.0

140.3 48.8 7.1 4.2

217.6 54.3 38.0 6.5

342.8 55.4 76.3 10.5

277.3 51.2 48.3 8.7

216.2 48.0 25.5 8.2

.. 41.8 .. 13.0

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

Notes: Long-term private nonguaranteed debt data for 2013 are World Bank staff estimates based on reports provided by the country. Short-term debt is based on data from the BIS. Data include MDRI debt relief.

135

TANZANIA (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

7,183 5,970 849 647 364

8,400 7,006 1,006 615 387

6,012 4,600 1,346 763 66

7,624 5,656 1,341 836 628

8,987 6,825 1,515 908 647

9,940 7,686 1,611 989 643

11,581 8,830 2,110 1,054 641

13,024 10,624 1,647 1,108 753

5,970 5,970 5,776 194 0 .. ..

7,006 6,446 6,341 105 0 560 ..

4,600 3,711 3,613 98 0 889 ..

5,656 4,640 4,522 118 0 1,016 ..

6,825 5,601 5,488 113 0 1,224 ..

7,686 6,438 6,030 408 0 1,248 ..

8,830 7,366 6,761 604 0 1,465 ..

10,624 9,107 7,739 1,368 600 1,517 ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

211 211 206 5 0 .. ..

466 466 447 19 0 .. ..

523 523 523 0 0 .. ..

1,065 919 889 30 0 146 ..

1,254 1,038 1,021 17 0 216 ..

1,179 872 568 304 0 307 ..

978 794 791 2 0 184 ..

2,007 1,854 1,032 821 600 153 ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

94 94 77 17 0 .. ..

31 31 31 0 0 .. ..

22 13 13 0 0 9 ..

105 26 13 13 0 79 ..

131 52 35 17 0 79 ..

76 33 26 7 0 44 ..

78 35 27 7 0 43 ..

80 61 29 32 0 19 ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

51 51 49 2 0 .. ..

44 42 42 0 0 2 ..

27 21 21 0 0 6 ..

45 27 24 3 0 18 ..

50 32 31 2 0 17 ..

53 39 36 3 0 14 ..

60 43 39 4 0 17 ..

62 58 46 13 0 3 ..

205 172 33 -12 -12 .. 44

459 378 81 19 19 .. 62

647 510 137 -9 .. -9 146

1,188 1,182 6 84 17 67 -78

1,255 1,016 239 137 0 137 102

1,116 540 576 561 297 264 15

1,331 761 569 135 -5 140 434

1,520 1,114 406 923 789 134 -517

463 ..

439 3

398 3

664 3

1,192 3

879 3

1,266 4

1,872 ..

10,114 1,411 2,230 13 8 974

13,836 3,053 4,641 319 19 2,049

20,425 5,700 9,111 318 37 2,863

21,093 5,314 8,015 342 40 3,470

22,607 6,530 9,541 365 55 3,905

23,609 7,582 12,477 309 78 3,726

27,682 8,675 13,106 268 67 4,052

32,817 8,662 14,094 .. .. 4,674

509.0 71.0 11.9 13.6

275.2 60.7 4.4 24.4

105.5 29.4 1.1 47.6

143.5 36.1 3.1 45.5

137.6 39.8 3.0 43.4

131.1 42.1 1.9 37.5

133.5 41.8 1.9 35.0

150.4 39.7 1.8 35.9

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

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.

136

THAILAND (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

79,830 61,778 14,880 0 3,172

58,600 42,465 16,014 0 121

66,583 45,997 20,455 4 130

80,787 45,981 33,284 8 1,521

106,323 54,172 50,657 2 1,494

109,910 61,132 47,288 5 1,490

134,222 74,551 58,181 2 1,491

135,379 73,927 59,958 0 1,494

61,778 29,463 20,820 8,643 2,630 32,316 8,414

42,465 17,585 7,862 9,723 3,836 24,880 4,685

45,997 14,659 6,947 7,711 2,304 31,338 5,068

45,981 14,707 6,468 8,239 3,074 31,274 5,125

54,172 21,172 6,843 14,329 8,004 33,000 4,265

61,132 26,445 6,865 19,580 12,894 34,687 3,618

74,551 34,731 6,327 28,403 21,894 39,820 6,040

73,927 34,014 6,001 28,013 21,854 39,913 5,575

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

4,031 3,031 2,156 876 0 1,000 ..

17,083 2,521 434 2,086 936 14,562 1,600

13,526 1,638 74 1,564 1,564 11,888 437

12,989 1,716 76 1,640 970 11,273 198

16,838 6,442 160 6,282 5,080 10,396 ..

17,452 6,128 493 5,635 4,890 11,324 700

29,509 9,735 735 9,000 9,000 19,775 1,500

19,846 1,552 1,552 0 0 18,294 ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

8,945 3,010 1,666 1,344 174 5,935 1,044

16,464 2,709 2,321 388 172 13,755 908

15,417 2,721 819 1,902 1,192 12,696 100

11,313 1,590 468 1,122 200 9,723 141

9,386 803 534 269 150 8,582 460

8,815 1,197 779 418 0 7,618 180

13,316 757 619 137 0 12,560 550

11,054 1,211 871 340 40 9,842 465

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

3,776 1,577 1,008 569 193 2,199 476

1,074 437 234 202 135 637 286

1,091 255 121 134 71 836 244

1,085 231 112 119 58 855 251

1,075 230 113 118 56 845 234

1,176 263 114 149 88 913 311

1,354 409 111 298 255 944 339

1,213 333 80 253 213 880 353

-13,649 292 -13,942 -5,404 -469 -4,935 -8,538

5,145 -1,886 7,031 2,505 1,698 807 4,526

265 -744 1,009 -1,147 -339 -808 2,156

14,501 -392 14,893 2,068 518 1,550 12,825

24,831 -374 25,205 7,826 6,012 1,813 17,379

5,266 -285 5,552 8,923 5,217 3,706 -3,371

27,088 115 26,972 16,078 8,863 7,215 10,895

10,572 681 9,891 8,111 -340 8,452 1,780

3,366 900

7,000 5,121

8,733 -3,802

5,634 1,695

9,839 3,215

2,486 -406

8,613 2,663

10,114 -6,487

120,809 85,997 77,269 .. 1,697 32,016

167,799 131,744 143,591 10,812 1,187 50,691

262,864 214,536 218,993 15,171 1,898 108,661

253,430 186,028 169,485 13,283 2,776 135,483

305,181 231,029 227,130 18,845 3,580 167,530

333,324 267,630 269,549 13,876 4,554 167,389

351,389 283,282 296,929 22,596 4,713 173,328

363,545 291,554 304,723 .. 5,690 161,328

92.8 66.1 16.3 40.1

44.5 34.9 13.7 86.5

31.0 25.3 7.9 163.2

43.4 31.9 6.8 167.7

46.0 34.8 4.7 157.6

41.1 33.0 3.9 152.3

47.4 38.2 5.4 129.1

46.4 37.2 4.4 119.2

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

137

TOGO (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

1,446.0 1,229.6 132.5 62.6 83.8

1,686.9 1,439.5 217.7 166.7 29.7

1,641.7 1,468.8 107.8 23.8 65.0

1,730.1 1,481.9 47.0 30.0 201.2

1,284.6 1,004.2 38.9 9.9 241.5

629.4 369.4 5.8 2.8 254.2

754.1 450.0 49.6 3.6 254.5

903.4 563.2 86.9 2.9 253.2

1,229.6 1,229.6 1,229.6 0.0 0.0 .. ..

1,439.5 1,439.5 1,439.5 0.0 0.0 .. ..

1,468.8 1,468.8 1,468.8 0.0 0.0 .. ..

1,481.9 1,481.9 1,481.9 0.0 0.0 .. ..

1,004.2 1,004.2 1,004.2 0.0 0.0 .. ..

369.4 369.4 369.4 0.0 0.0 .. ..

450.0 450.0 450.0 0.0 0.0 .. ..

563.2 563.2 513.6 49.6 0.0 .. ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

24.4 24.4 24.4 0.0 0.0 .. ..

9.9 9.9 9.9 0.0 0.0 .. ..

2.2 2.2 2.2 0.0 0.0 .. ..

34.6 34.6 34.6 0.0 0.0 .. ..

82.8 82.8 82.8 0.0 0.0 .. ..

30.0 30.0 30.0 0.0 0.0 .. ..

126.6 126.6 126.6 0.0 0.0 .. ..

183.7 183.7 123.2 60.4 0.0 .. ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

9.9 9.9 9.9 0.0 0.0 .. ..

7.9 7.9 7.9 0.0 0.0 .. ..

140.1 140.1 140.1 0.0 0.0 .. ..

39.5 39.5 39.5 0.0 0.0 .. ..

28.3 28.3 28.3 0.0 0.0 .. ..

10.0 10.0 10.0 0.0 0.0 .. ..

13.0 13.0 13.0 0.0 0.0 .. ..

37.8 37.8 25.7 12.1 0.0 .. ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

4.6 4.6 4.6 0.0 0.0 .. ..

0.3 0.3 0.3 0.0 0.0 .. ..

51.3 51.3 51.3 0.0 0.0 .. ..

13.1 13.1 13.1 0.0 0.0 .. ..

8.0 8.0 8.0 0.0 0.0 .. ..

4.6 4.6 4.6 0.0 0.0 .. ..

9.3 9.3 9.3 0.0 0.0 .. ..

11.4 11.4 11.4 0.0 0.0 .. ..

-44.3 5.1 -49.4 .. .. .. -49.4

15.8 -9.2 25.0 .. .. .. 25.0

-82.2 -90.2 8.0 .. .. .. 8.0

-30.6 36.4 -67.0 .. .. .. -67.0

110.2 98.2 12.0 .. .. .. 12.0

7.9 33.9 -26.0 .. .. .. -26.0

156.7 113.7 43.0 .. .. .. 43.0

182.1 95.8 86.3 48.3 48.3 .. 38.0

41.9 6.1

54.4 16.0

19.6 1.4

32.6 2.1

78.0 4.5

171.0 ..

93.8 ..

84.2 ..

1,265.3 456.5 664.1 17.2 34.2 140.9

2,079.9 857.3 1,249.0 47.2 192.5 191.5

2,794.2 1,216.8 1,762.6 51.5 337.1 581.8

2,803.4 1,265.0 1,777.3 41.5 334.5 703.2

2,761.6 1,395.8 1,951.3 67.0 336.6 714.9

3,197.5 2,079.0 2,651.3 .. .. 774.3

3,331.3 .. .. .. .. 441.6

3,696.3 .. .. .. .. 507.1

316.7 114.3 6.6 9.7

196.8 81.1 2.5 11.4

134.9 58.8 16.0 35.4

136.8 61.7 4.3 40.6

92.0 46.5 2.6 55.7

30.3 19.7 0.7 123.0

.. 22.6 .. 58.6

.. 24.4 .. 56.1

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

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.

138

TONGA (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

73.8 65.0 0.2 0.2 8.6

89.0 79.5 0.1 0.1 9.4

99.0 88.8 0.0 0.0 10.1

114.9 104.6 0.0 0.0 10.3

153.7 143.5 0.0 0.0 10.1

190.6 180.5 0.0 0.0 10.1

197.4 187.2 0.0 0.0 10.1

199.1 188.9 0.0 0.0 10.1

65.0 65.0 65.0 0.0 0.0 .. ..

79.5 79.5 79.5 0.0 0.0 .. ..

88.8 88.8 88.8 0.0 0.0 .. ..

104.6 104.6 103.7 0.9 0.0 .. ..

143.5 143.5 142.4 1.1 0.0 .. ..

180.5 180.5 180.0 0.4 0.0 .. ..

187.2 187.2 187.0 0.3 0.0 .. ..

188.9 188.9 188.8 0.2 0.0 .. ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

5.4 5.4 5.4 0.0 0.0 .. ..

4.5 4.5 4.5 0.0 0.0 .. ..

8.5 8.5 8.5 0.0 0.0 .. ..

17.4 17.4 16.5 0.8 0.0 .. ..

40.9 40.9 40.7 0.2 0.0 .. ..

36.9 36.9 36.9 0.0 0.0 .. ..

9.9 9.9 9.9 0.0 0.0 .. ..

1.3 1.3 1.3 0.0 0.0 .. ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

3.7 3.7 2.4 1.3 0.0 .. ..

3.7 3.7 3.7 0.0 0.0 .. ..

2.4 2.4 2.4 0.0 0.0 .. ..

2.7 2.7 2.6 0.1 0.0 .. ..

3.3 3.3 3.3 0.0 0.0 .. ..

3.4 3.4 3.3 0.2 0.0 .. ..

3.4 3.4 3.3 0.1 0.0 .. ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

0.9 0.9 0.8 0.1 0.0 .. ..

1.2 1.2 1.2 0.0 0.0 .. ..

1.7 1.7 1.7 0.0 0.0 .. ..

1.4 1.4 1.4 0.0 0.0 .. ..

2.4 2.4 2.3 0.1 0.0 .. ..

2.6 2.6 2.6 0.0 0.0 .. ..

2.9 2.9 2.9 0.0 0.0 .. ..

3.1 3.1 3.1 0.0 0.0 .. ..

1.8 3.0 -1.3 -1.3 -1.3 .. ..

0.9 0.9 .. .. .. .. ..

4.8 4.8 .. .. .. .. ..

14.9 14.2 0.8 0.8 0.8 .. ..

38.2 38.1 0.1 0.1 0.1 .. ..

33.6 33.7 0.0 0.0 0.0 .. ..

6.5 6.6 -0.2 -0.2 -0.2 .. ..

-2.1 -2.0 -0.1 -0.1 -0.1 .. ..

4.8 ..

7.2 ..

0.2 ..

0.0 ..

7.3 ..

27.7 ..

8.1 ..

11.6 ..

191.0 .. .. .. .. 24.6

264.7 59.0 156.8 .. 68.6 46.9

354.4 60.1 251.2 0.0 93.9 69.8

324.9 53.6 245.4 0.0 72.1 95.7

373.2 69.7 232.6 .. 76.0 104.5

432.0 96.3 282.0 .. 69.9 143.3

485.3 111.6 274.7 0.6 59.6 152.4

479.0 .. .. .. .. 155.5

.. 38.6 .. 33.4

151.0 33.6 8.8 52.6

164.7 27.9 9.2 70.5

214.5 35.4 7.2 83.3

220.6 41.2 7.2 68.0

197.9 44.1 6.1 75.2

176.8 40.7 5.7 77.2

.. 41.6 .. 78.1

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

139

TUNISIA (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

11,355 9,688 1,590 0 77

17,926 14,742 3,135 0 49

21,378 16,998 4,327 0 53

22,688 17,459 4,801 0 428

22,472 17,073 4,979 0 420

22,642 17,274 4,949 0 419

25,261 18,613 6,230 0 419

25,827 18,976 6,279 0 572

Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

9,688 8,888 6,093 2,795 1,327 800 ..

14,742 13,001 8,421 4,580 3,510 1,741 ..

16,998 14,451 9,286 5,165 4,050 2,547 ..

17,459 14,852 9,979 4,873 3,776 2,607 ..

17,073 14,671 10,220 4,451 3,819 2,402 ..

17,274 14,931 11,295 3,636 3,063 2,343 ..

18,613 16,569 12,500 4,068 3,571 2,044 ..

18,976 17,337 13,794 3,543 3,110 1,638 ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

1,542 1,242 709 533 0 300 ..

1,256 1,126 843 283 249 130 ..

1,225 915 831 84 0 310 ..

1,548 1,371 1,315 56 0 177 ..

1,642 1,545 1,507 39 0 97 ..

2,244 2,157 2,131 26 0 87 ..

3,417 3,361 2,047 1,314 1,298 56 ..

1,525 1,505 1,271 234 225 20 ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

1,296 1,264 662 602 371 32 ..

1,187 1,129 873 255 136 58 ..

1,170 1,057 958 99 0 112 ..

1,350 1,233 837 396 313 117 ..

1,617 1,397 887 510 0 220 ..

1,905 1,759 860 899 814 146 ..

1,899 1,609 880 729 650 290 ..

1,799 1,373 874 499 443 426 ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

489 479 297 182 99 10 ..

686 584 334 249 200 102 ..

745 630 366 264 217 115 ..

700 598 335 263 217 102 ..

670 546 309 237 193 124 ..

678 559 330 230 203 119 ..

610 500 342 158 135 110 ..

572 489 318 171 155 83 ..

258 7 251 199 -69 268 52

-141 -31 -111 99 27 72 -210

399 -126 525 182 -16 198 343

673 478 195 -280 -340 60 474

203 619 -417 -594 -471 -123 177

310 1,270 -961 -931 -872 -59 -29

2,797 1,167 1,631 351 585 -234 1,280

-73 548 -621 -670 -264 -406 49

752 -18

716 12

2,609 -39

1,529 -89

1,339 -26

439 -44

1,560 -15

1,071 80

20,525 8,701 10,347 468 796 1,811

30,645 14,884 16,495 962 1,393 4,437

42,244 25,602 29,235 1,958 1,977 8,849

41,370 20,133 23,318 1,588 1,964 11,057

41,798 22,556 26,595 1,658 2,063 9,459

43,633 22,950 28,235 1,716 2,004 7,454

44,139 22,600 28,471 1,533 2,266 8,357

46,566 22,513 28,642 1,756 2,291 7,287

130.5 55.3 21.9 15.9

120.4 58.5 13.7 24.8

83.5 50.6 7.9 41.4

112.7 54.8 10.5 48.7

99.6 53.8 10.4 42.1

98.7 51.9 11.5 32.9

111.8 57.2 11.5 33.1

114.7 55.5 11.8 28.2

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

Notes: Long-term private nonguaranteed debt data from 2008 are World Bank staff estimates based on reports provided by the country.

140

TURKEY (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

116,787 83,552 28,912 0 4,323

172,131 118,408 38,916 0 14,807

288,978 227,759 52,522 0 8,697

277,270 218,639 48,993 0 9,638

299,183 214,580 77,326 0 7,277

305,388 219,026 81,841 0 4,521

337,096 234,045 100,540 0 2,510

388,243 257,486 129,107 0 1,650

Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

83,552 55,724 12,537 43,187 20,386 27,828 1,784

118,408 62,965 12,435 50,530 27,903 55,443 4,025

227,759 82,313 19,719 62,595 39,106 145,446 6,759

218,639 85,609 23,109 62,500 40,926 133,030 6,606

214,580 91,501 26,427 65,074 44,268 123,080 6,202

219,026 94,759 28,221 66,538 47,014 124,267 4,003

234,045 98,817 29,416 69,402 52,440 135,228 11,835

257,486 105,356 31,802 73,555 58,421 152,130 20,885

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

22,949 14,069 2,393 11,676 6,974 8,881 454

41,260 7,756 1,001 6,754 5,230 33,504 3,125

65,149 10,679 3,850 6,829 4,000 54,470 150

39,688 9,842 4,749 5,093 3,739 29,846 150

48,617 14,578 5,561 9,017 6,665 34,039 2,300

54,358 11,049 4,008 7,042 4,820 43,308 2,085

64,378 12,268 2,940 9,328 7,927 52,110 6,965

77,921 12,592 3,863 8,729 7,613 65,329 8,635

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

13,744 6,268 1,745 4,523 1,858 7,476 ..

24,649 7,957 1,653 6,303 3,886 16,693 1,150

40,169 7,736 1,570 6,166 3,790 32,433 ..

49,657 6,469 1,650 4,819 2,275 43,188 350

45,489 6,013 1,788 4,225 2,575 39,476 420

38,665 5,010 1,714 3,296 1,785 33,654 523

41,306 5,671 1,739 3,932 2,274 35,635 404

46,880 5,034 1,794 3,240 1,500 41,846 1,965

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

5,000 3,467 659 2,807 1,479 1,533 126

6,396 4,471 596 3,875 2,673 1,925 338

11,396 5,169 703 4,466 3,252 6,227 371

10,421 4,785 650 4,135 3,100 5,635 288

8,703 4,526 488 4,038 3,203 4,177 228

12,006 4,594 580 4,014 3,268 7,412 385

8,541 4,752 611 4,141 3,507 3,789 266

9,361 4,524 536 3,988 3,443 4,837 813

18,017 4,020 13,997 8,557 7,152 1,405 5,440

19,346 -5,972 25,317 17,262 451 16,811 8,055

35,941 3,868 32,073 22,700 663 22,037 9,374

-14,203 2,392 -16,596 -13,067 274 -13,342 -3,529

29,290 1,602 27,688 -645 4,792 -5,437 28,333

17,401 -513 17,914 13,399 3,745 9,654 4,515

39,767 -803 40,570 21,871 5,396 16,475 18,699

58,750 1,212 57,539 28,972 5,489 23,483 28,567

982 489

9,975 5,669

17,650 716

7,966 2,827

8,715 3,468

16,158 -986

12,760 6,274

12,725 841

262,146 53,189 67,873 279 4,560 22,488

477,153 109,975 132,878 1,051 887 50,579

722,029 184,904 227,408 2,953 1,476 70,428

606,262 150,712 165,245 2,929 1,050 70,874

723,966 161,919 208,862 2,867 993 80,713

766,923 188,423 265,263 2,928 1,087 78,322

781,716 211,686 261,616 2,637 1,015 99,943

810,860 215,002 281,293 4,009 919 110,927

219.6 44.6 38.9 19.3

156.5 36.1 37.4 29.4

156.3 40.0 30.2 24.4

184.0 45.7 41.6 25.6

184.8 41.3 36.6 27.0

162.1 39.8 29.9 25.6

159.2 43.1 26.2 29.6

180.6 47.9 28.7 28.6

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

Notes: Long-term public and publicly guaranteed debt data include nonresident deposits made under the Dresdner Bank scheme, amounting to $4.7 billion at end-2013.

141

TURKMENISTAN (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

2,609.3 2,288.1 230.3 5.0 91.0

1,157.8 911.0 147.0 5.0 99.8

745.7 587.4 50.8 0.8 107.5

661.5 477.2 74.8 0.8 109.5

529.1 366.8 54.8 0.8 107.5

454.3 299.3 47.8 0.8 107.2

508.9 309.8 91.8 0.8 107.3

501.9 328.6 65.8 0.8 107.5

2,288.1 2,271.3 838.6 1,432.7 0.0 16.7 ..

911.0 877.8 685.9 192.0 0.0 33.1 ..

587.4 586.8 500.2 86.5 0.0 0.6 ..

477.2 463.3 409.5 53.9 0.0 13.9 ..

366.8 359.5 341.6 17.8 0.0 7.4 ..

299.3 265.5 265.5 0.0 0.0 33.8 ..

309.8 270.6 270.6 0.0 0.0 39.2 ..

328.6 280.7 280.7 0.0 0.0 47.8 ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

430.1 420.9 292.6 128.3 0.0 9.2 ..

89.0 24.9 24.9 0.0 0.0 64.1 ..

25.9 25.6 25.6 0.0 0.0 0.3 ..

35.2 22.4 22.4 0.0 0.0 12.8 ..

25.5 17.9 17.9 0.0 0.0 7.5 ..

44.4 13.6 13.6 0.0 0.0 30.9 ..

54.7 45.6 45.6 0.0 0.0 9.1 ..

58.0 46.0 46.0 0.0 0.0 12.0 ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

353.0 347.4 44.0 303.4 0.0 5.5 ..

261.4 189.1 112.6 76.5 0.0 72.3 ..

140.8 139.3 104.3 35.0 0.0 1.5 ..

146.4 146.4 112.4 34.0 0.0 .. ..

142.8 129.8 96.7 33.1 0.0 13.0 ..

120.9 118.4 100.0 18.4 0.0 2.5 ..

41.0 37.1 37.1 0.0 0.0 3.9 ..

40.6 35.3 35.3 0.0 0.0 5.3 ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

101.9 101.2 27.8 73.4 0.0 0.7 ..

39.1 37.3 23.9 13.4 0.0 1.8 ..

26.7 26.6 20.1 6.6 0.0 0.1 ..

17.6 17.1 14.3 2.8 0.0 0.4 ..

10.8 10.3 9.6 0.8 0.0 0.4 ..

9.6 9.0 8.7 0.3 0.0 0.6 ..

7.7 7.1 7.1 0.0 0.0 0.6 ..

6.6 6.2 6.2 0.0 0.0 0.4 ..

-1.6 248.6 -250.2 -171.5 -175.2 3.7 -78.8

-280.4 -87.7 -192.7 -84.7 -76.5 -8.1 -108.0

-154.9 -78.7 -76.2 -36.2 -35.0 -1.2 -40.0

-87.2 -90.0 2.8 -21.2 -34.0 12.8 24.0

-137.3 -78.7 -58.6 -38.6 -33.1 -5.5 -20.0

-83.5 -86.4 3.0 10.0 -18.4 28.4 -7.0

57.6 8.5 49.2 5.2 .. 5.2 44.0

-8.6 10.7 -19.3 6.7 .. 6.7 -26.0

131.0 ..

418.2 ..

1,277.0 ..

4,553.0 ..

3,631.0 ..

3,399.0 ..

3,117.0 ..

3,061.0 ..

2,727.4 .. .. .. .. ..

7,541.4 .. .. .. .. ..

18,235.7 .. .. .. .. ..

18,957.5 .. .. .. .. ..

20,254.0 .. .. .. .. ..

25,874.7 .. .. .. .. ..

30,628.4 .. .. .. .. ..

38,617.5 .. .. .. .. ..

.. 95.7 .. ..

.. 15.4 .. ..

.. 4.1 .. ..

.. 3.5 .. ..

.. 2.6 .. ..

.. 1.8 .. ..

.. 1.7 .. ..

.. 1.3 .. ..

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

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.

142

UGANDA (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

3,535 3,051 129 58 354

4,437 4,184 79 29 173

2,268 1,756 458 26 55

2,739 2,223 235 26 281

2,975 2,673 26 26 275

3,263 2,963 26 26 273

3,776 3,478 26 26 272

4,361 4,064 27 27 270

3,051 3,051 3,027 24 4 .. ..

4,184 4,184 4,182 2 0 .. ..

1,756 1,756 1,755 0 0 .. ..

2,223 2,223 2,223 0 0 .. ..

2,673 2,673 2,673 0 0 .. ..

2,963 2,963 2,963 0 0 .. ..

3,478 3,478 3,478 0 0 .. ..

4,064 4,064 4,064 0 0 .. ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

219 219 219 0 0 .. ..

224 224 224 0 0 .. ..

277 277 277 0 0 .. ..

494 494 494 0 0 .. ..

486 486 486 0 0 .. ..

335 335 335 0 0 .. ..

559 559 559 0 0 .. ..

630 630 630 0 0 .. ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

26 26 25 1 0 .. ..

99 99 98 1 0 .. ..

52 52 52 1 0 .. ..

49 49 49 0 0 .. ..

40 40 40 0 0 .. ..

35 35 35 0 0 .. ..

38 38 38 0 0 .. ..

44 44 44 0 0 .. ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

21 21 20 0 0 .. ..

33 33 32 0 0 .. ..

15 15 15 0 0 .. ..

18 18 18 0 0 .. ..

21 21 21 0 0 .. ..

26 26 26 0 0 .. ..

28 28 28 0 0 .. ..

36 36 36 0 0 .. ..

177 184 -7 -1 -1 .. -6

85 95 -10 -1 -1 .. -10

657 226 431 -1 -1 .. 432

222 445 -223 0 0 .. -223

237 447 -209 0 0 .. -209

298 298 .. .. .. .. ..

520 520 .. .. .. .. ..

584 584 .. .. .. .. ..

161 ..

381 ..

578 13

771 131

248 -70

573 106

922 14

826 95

6,086 716 1,574 19 238 808

8,748 1,592 2,641 202 322 1,344

13,981 3,170 5,680 250 724 2,301

14,534 3,398 5,638 247 781 2,994

15,713 3,491 6,500 183 771 2,706

15,180 4,324 7,855 262 816 2,617

19,542 5,022 8,255 252 910 3,169

20,806 5,222 8,438 532 932 3,338

493.6 58.1 10.6 22.9

278.7 50.7 10.8 30.3

71.6 16.2 2.3 101.4

80.6 18.8 2.1 109.3

85.2 18.9 1.8 91.0

75.4 21.5 1.5 80.2

75.2 19.3 1.4 83.9

83.5 21.0 1.6 76.5

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

Notes: Data include the effects of HIPC and MDRI debt relief.

143

UKRAINE (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

13,890 9,664 447 183 3,779

33,721 18,599 12,063 110 3,059

98,326 70,965 20,636 335 6,726

104,402 71,502 19,873 650 13,027

125,173 81,647 27,264 1,671 16,262

135,501 86,563 32,727 13 16,212

135,872 88,326 34,750 1,518 12,795

147,712 105,699 34,823 48 7,190

Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

9,664 8,123 5,000 3,123 2,366 1,541 ..

18,599 9,069 5,021 4,048 2,850 9,530 550

70,965 14,708 5,859 8,848 7,705 56,257 4,964

71,502 18,107 11,093 7,014 5,907 53,395 5,114

81,647 24,967 14,731 10,236 9,148 56,681 5,319

86,563 25,473 12,528 12,945 11,873 61,090 5,794

88,326 32,081 14,436 17,645 16,588 56,245 5,294

105,699 32,859 11,656 21,203 21,163 72,840 9,269

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

1,401 173 141 32 0 1,228 ..

7,853 1,411 563 847 747 6,442 450

31,483 990 985 4 0 30,493 1,230

22,298 5,581 5,581 0 0 16,717 846

33,946 7,944 4,259 3,685 3,685 26,002 1,730

28,446 3,352 600 2,753 2,750 25,094 1,550

21,164 8,561 3,109 5,453 5,450 12,602 ..

33,076 7,030 430 6,600 6,600 26,046 3,975

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

2,114 1,250 1,208 42 33 864 ..

4,018 1,193 546 647 622 2,825 ..

13,595 482 456 26 0 13,113 450

17,855 1,721 475 1,246 1,209 16,134 695

23,058 895 477 418 401 22,163 1,525

24,054 2,836 2,818 18 0 21,218 1,075

21,178 2,056 1,288 768 750 19,122 500

26,415 6,392 3,313 3,079 2,061 20,023 ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

447 375 148 228 220 72 ..

894 424 130 294 213 470 41

3,200 587 165 422 336 2,613 336

4,171 681 204 478 392 3,490 423

3,494 555 225 330 251 2,938 407

4,302 832 263 569 490 3,470 423

4,472 908 219 689 611 3,564 403

5,315 1,251 151 1,100 1,061 4,064 497

-1,285 -1,666 380 354 -10 364 26

5,234 -283 5,516 3,818 201 3,617 1,698

19,875 4,930 14,945 17,359 -21 17,380 -2,414

9,446 11,187 -1,741 -663 -1,246 583 -1,078

20,691 7,215 13,476 7,106 3,267 3,839 6,370

11,513 -2,218 13,731 6,610 2,735 3,876 7,121

-2,909 -1,593 -1,317 -1,835 4,685 -6,519 518

2,626 -8,460 11,086 9,543 3,521 6,022 1,543

595 146

7,493 82

9,612 388

4,456 105

5,550 290

6,121 519

6,248 516

3,668 1,180

30,320 19,665 19,032 43 33 1,353

85,157 43,384 43,695 268 2,408 18,988

178,452 87,899 103,807 2,506 6,782 30,801

114,788 56,704 61,101 2,542 5,941 25,557

134,410 70,341 76,332 2,218 6,535 33,327

161,004 89,137 103,078 4,084 7,822 30,409

180,603 93,598 110,909 4,775 8,449 22,656

180,979 89,328 107,879 5,005 9,667 18,776

70.6 45.8 18.4 9.7

77.7 39.6 13.2 56.3

111.9 55.1 20.0 31.3

184.1 91.0 39.7 24.5

178.0 93.1 38.6 26.6

152.0 84.2 32.7 22.4

145.2 75.2 31.4 16.7

165.4 81.6 42.4 12.7

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

144

UZBEKISTAN (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

4,980 4,228 282 3 469

4,656 4,168 112 8 376

5,100 4,474 221 10 405

6,950 6,375 163 19 412

7,782 7,140 238 70 405

8,424 7,655 366 70 403

8,871 8,131 337 0 404

10,605 9,781 419 0 405

4,228 3,762 2,117 1,645 0 467 ..

4,168 3,626 2,451 1,175 0 542 ..

4,474 3,168 2,686 482 0 1,306 ..

6,375 3,257 2,923 335 0 3,117 ..

7,140 3,410 3,184 226 0 3,730 ..

7,655 3,745 3,518 227 0 3,910 ..

8,131 4,006 3,843 163 0 4,125 ..

9,781 4,303 4,178 125 0 5,478 ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

770 713 409 304 0 57 ..

404 262 200 62 0 142 ..

1,003 309 272 37 0 694 ..

2,610 472 464 8 0 2,138 ..

1,188 452 437 15 0 736 ..

949 605 530 75 0 344 ..

1,062 621 611 10 0 441 ..

2,279 682 672 10 0 1,598 ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

584 443 148 295 0 141 ..

620 510 177 333 0 110 ..

710 460 242 219 0 250 ..

713 386 225 161 0 327 ..

493 370 256 114 0 123 ..

460 295 226 69 0 165 ..

516 293 217 76 0 224 ..

528 284 232 52 0 244 ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

206 182 75 108 0 24 ..

140 117 63 53 0 23 ..

141 114 84 30 0 26 ..

120 82 71 12 0 38 ..

118 63 59 4 0 55 ..

158 68 62 6 0 90 ..

173 75 66 9 0 97 ..

164 67 65 2 0 97 ..

-223 196 -419 -75 9 -84 -344

-301 5 -305 -239 -271 32 -66

308 31 278 263 -181 444 15

1,830 238 1,591 1,658 -153 1,811 -67

719 181 538 514 -99 613 24

617 304 313 185 6 179 128

587 394 193 152 -66 218 41

1,833 440 1,393 1,311 -42 1,353 82

75 ..

192 ..

711 ..

842 ..

1,628 ..

1,651 ..

674 ..

1,077 ..

13,541 .. .. .. .. ..

14,283 .. .. .. .. ..

29,656 .. .. .. .. ..

33,714 .. .. .. .. ..

40,492 .. .. .. .. ..

47,104 .. .. .. .. ..

52,596 .. .. .. .. ..

58,687 .. .. .. .. ..

.. 36.8 .. ..

.. 32.6 .. ..

.. 17.2 .. ..

.. 20.6 .. ..

.. 19.2 .. ..

.. 17.9 .. ..

.. 16.9 .. ..

.. 18.1 .. ..

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

145

VANUATU (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

95.7 73.1 1.4 0.0 21.2

105.3 71.9 10.2 0.2 23.3

150.9 89.7 36.1 0.1 25.1

155.3 98.8 31.0 0.0 25.5

173.3 99.3 49.0 0.0 25.1

201.8 98.8 78.0 0.0 25.0

369.2 92.2 252.0 0.0 25.0

132.4 84.3 23.0 0.0 25.1

Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

73.1 73.1 73.1 0.0 0.0 .. ..

71.9 71.9 71.9 0.0 0.0 .. ..

89.7 89.7 89.7 0.0 0.0 .. ..

98.8 98.8 98.8 0.0 0.0 .. ..

99.3 99.3 99.3 0.0 0.0 .. ..

98.8 98.8 98.8 0.0 0.0 .. ..

92.2 92.2 92.2 0.0 0.0 .. ..

84.3 84.3 84.3 0.0 0.0 .. ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

14.2 14.2 14.2 0.0 0.0 .. ..

0.0 0.0 0.0 0.0 0.0 .. ..

10.1 10.1 10.1 0.0 0.0 .. ..

11.7 11.7 11.7 0.0 0.0 .. ..

0.0 0.0 0.0 0.0 0.0 .. ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

0.9 0.9 0.9 0.0 0.0 .. ..

1.1 1.1 1.1 0.0 0.0 .. ..

2.5 2.5 2.5 0.0 0.0 .. ..

3.5 3.5 3.5 0.0 0.0 .. ..

3.6 3.6 3.6 0.0 0.0 .. ..

3.4 3.4 3.4 0.0 0.0 .. ..

3.8 3.8 3.8 0.0 0.0 .. ..

3.7 3.7 3.7 0.0 0.0 .. ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

0.6 0.6 0.6 0.0 0.0 .. ..

0.7 0.7 0.7 0.0 0.0 .. ..

1.1 1.1 1.1 0.0 0.0 .. ..

1.4 1.4 1.4 0.0 0.0 .. ..

1.3 1.3 1.3 0.0 0.0 .. ..

1.2 1.2 1.2 0.0 0.0 .. ..

1.4 1.4 1.4 0.0 0.0 .. ..

13.6 13.4 0.3 .. .. .. 0.3

-28.1 -1.1 -27.0 .. .. .. -27.0

23.6 7.6 16.0 .. .. .. 16.0

3.1 8.1 -5.0 .. .. .. -5.0

14.4 -3.6 18.0 .. .. .. 18.0

25.6 -3.4 29.0 .. .. .. 29.0

170.2 -3.8 174.0 .. .. .. 174.0

-232.7 -3.7 -229.0 .. .. .. -229.0

20.3 ..

13.5 ..

29.6 ..

23.8 ..

40.6 ..

57.8 ..

37.2 ..

34.8 ..

259.0 175.7 178.8 21.9 34.7 38.9

369.0 204.6 258.6 35.3 5.1 67.2

603.2 313.7 492.8 29.7 8.9 115.2

586.8 330.9 345.5 41.7 11.5 148.6

679.1 365.5 422.7 48.0 11.8 161.4

765.7 395.7 465.8 52.7 21.8 173.8

746.6 413.8 480.9 76.8 22.0 ..

793.9 .. .. .. .. ..

54.4 36.9 1.6 40.7

51.5 28.5 1.6 63.8

48.1 25.0 1.5 76.4

46.9 26.5 1.7 95.7

47.4 25.5 1.6 93.1

51.0 26.4 1.6 86.1

89.2 49.5 2.1 ..

.. 16.7 .. ..

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

Notes: Long-term public and publicly guaranteed debt data from 2010 are World Bank staff estimates. Short-term debt is based on data from the BIS.

146

VENEZUELA, REPUBLICA BOLIVARIANA de (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

42,753 33,952 8,186 59 616

45,355 34,794 10,108 5 453

66,840 46,168 20,184 0 488

81,942 59,039 18,915 7 3,987

97,081 72,504 20,660 7 3,917

110,730 87,715 19,110 7 3,905

118,927 95,625 19,393 1 3,909

118,758 90,742 24,100 1 3,917

33,952 27,820 6,180 21,640 16,217 6,132 3,880

34,794 31,092 3,434 27,658 24,401 3,702 3,670

46,168 29,888 3,550 26,338 24,211 16,279 3,310

59,039 35,198 4,144 31,054 29,219 23,842 3,972

72,504 37,512 5,382 32,130 30,620 34,992 8,067

87,715 44,264 6,719 37,546 36,627 43,451 6,942

95,625 46,236 8,724 37,511 36,624 49,390 12,110

90,742 45,607 9,633 35,974 35,097 45,135 12,626

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

2,343 2,343 787 1,556 462 .. ..

7,250 7,250 406 6,844 6,143 .. ..

5,490 4,840 645 4,196 4,000 650 650

6,068 6,068 1,035 5,033 4,992 .. ..

4,729 4,729 1,707 3,023 3,000 .. ..

9,266 9,266 2,060 7,206 7,200 .. ..

2,661 2,661 2,514 147 0 .. ..

1,564 1,564 1,446 117 0 .. ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

2,921 2,265 613 1,652 1,119 655 ..

2,385 1,698 739 959 226 687 ..

6,760 2,445 527 1,918 1,295 4,315 300

7,086 812 450 362 0 6,274 ..

9,669 885 479 406 119 8,784 659

13,798 2,515 726 1,790 1,186 11,283 ..

14,569 690 504 186 0 13,879 2,365

12,224 2,258 529 1,729 1,585 9,966 ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

2,435 1,867 343 1,524 1,298 568 304

2,656 2,308 204 2,103 1,840 349 296

3,768 2,525 235 2,290 2,098 1,243 274

3,982 2,441 186 2,255 2,117 1,541 337

5,375 2,789 177 2,612 2,503 2,586 708

6,197 3,119 205 2,914 2,812 3,077 582

7,684 4,002 207 3,795 3,613 3,682 1,213

7,215 3,945 227 3,718 3,615 3,269 1,055

-384 -333 -52 -752 -96 -655 700

7,136 -333 7,469 5,198 5,885 -687 2,271

1,213 118 1,095 -1,388 2,277 -3,665 2,483

-2,294 585 -2,879 -1,603 4,671 -6,274 -1,276

-3,194 1,228 -4,422 -6,167 2,617 -8,784 1,745

-6,082 1,334 -7,417 -5,867 5,416 -11,283 -1,550

-11,619 2,010 -13,629 -13,918 -39 -13,879 289

-5,953 918 -6,871 -11,578 -1,612 -9,966 4,707

4,701 -574

2,588 28

1,631 1

-1,714 118

691 10

1,635 ..

1,876 -50

1,876 ..

115,760 37,760 25,737 1,424 17 13,088

143,311 61,208 36,093 3,895 148 23,919

316,085 106,204 73,145 5,297 137 33,098

325,885 62,445 59,517 3,139 131 21,703

387,497 69,584 59,879 4,877 143 13,137

309,358 97,042 71,865 4,810 138 9,930

371,238 101,543 89,549 5,757 118 9,900

431,080 .. .. .. .. 6,038

113.2 36.9 16.9 30.6

74.1 31.6 8.7 52.7

62.9 21.1 10.4 49.5

131.2 25.1 18.1 26.5

139.5 25.1 22.0 13.5

114.1 35.8 20.9 9.0

117.1 32.0 22.2 8.3

.. 27.5 .. 5.1

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

Notes: Long-term private nonguaranteed debt data from 2004 are based on Central Bank data. Short-term debt from 1997 is based on Central Bank data.

147

VIETNAM (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

12,859 11,558 923 78 378

19,039 16,193 2,574 74 272

26,488 22,014 4,279 1 195

33,084 27,320 5,186 0 578

44,923 37,444 6,949 0 529

53,072 42,612 9,964 0 496

59,119 48,746 9,889 0 484

65,461 54,404 10,572 0 485

11,558 11,558 8,680 2,878 534 .. ..

16,193 16,193 14,259 1,934 1,145 .. ..

22,014 22,014 19,370 2,644 1,033 .. ..

27,320 27,320 23,938 3,382 1,301 .. ..

37,444 32,764 27,435 5,329 2,020 4,680 ..

42,612 36,750 31,077 5,673 2,001 5,862 90

48,746 39,940 33,465 6,475 1,982 8,806 90

54,404 42,918 34,748 8,170 2,586 11,486 290

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

1,272 1,272 1,176 96 0 .. ..

2,047 2,047 1,261 786 750 .. ..

2,799 2,799 2,202 597 0 .. ..

4,730 4,730 4,104 627 0 .. ..

6,878 5,593 3,675 1,918 1,000 1,285 ..

6,968 4,751 4,001 750 0 2,217 90

8,727 5,958 4,711 1,247 0 2,769 ..

10,897 7,010 4,798 2,212 627 3,887 200

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

937 937 134 802 0 .. ..

480 480 303 177 41 .. ..

770 770 587 183 31 .. ..

915 915 687 228 39 .. ..

1,048 1,048 735 313 19 .. ..

3,082 1,201 823 378 19 1,881 ..

3,276 1,473 1,024 449 19 1,803 ..

3,851 1,895 1,361 534 23 1,956 ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

296 296 77 218 21 .. ..

317 317 256 61 21 .. ..

464 464 329 135 69 .. ..

476 476 344 132 74 .. ..

707 563 398 165 93 144 ..

902 689 457 232 126 213 4

1,012 744 494 250 126 268 9

1,074 763 514 249 126 311 9

472 1,020 -548 -706 -706 .. 158

1,926 904 1,022 609 609 .. 413

1,638 1,575 62 414 414 .. -352

4,685 3,378 1,307 399 399 .. 908

7,554 2,902 4,652 2,889 1,605 1,285 1,763

6,868 3,145 3,722 707 371 336 3,015

5,364 3,675 1,689 1,764 798 966 -75

7,729 3,438 4,291 3,609 1,678 1,931 683

1,298 ..

1,204 115

8,960 -578

6,369 128

7,101 2,383

5,941 1,064

6,943 1,887

6,202 1,389

33,194 17,481 18,107 .. .. 3,417

56,575 36,987 40,927 .. 3,150 9,051

96,181 71,048 89,182 .. 6,805 23,890

101,448 63,615 76,671 .. 6,020 16,447

111,513 80,153 92,314 .. 8,260 12,467

129,698 106,180 114,629 .. 8,600 13,539

148,961 124,468 123,618 .. .. 25,573

162,820 142,916 142,922 .. .. 25,893

73.6 38.7 7.5 26.6

51.5 33.7 2.6 47.5

37.3 27.5 2.0 90.2

52.0 32.6 2.3 49.7

56.0 40.3 2.3 27.8

50.0 40.9 3.9 25.5

47.5 39.7 3.6 43.3

45.8 40.2 3.5 39.6

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

148

YEMEN, REPUBLIC OF (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

5,162 4,109 699 27 355

5,501 4,814 353 94 333

6,319 5,696 483 112 140

6,734 5,875 442 117 417

6,682 5,933 313 124 436

6,418 5,876 131 131 410

7,556 6,912 140 140 504

7,671 6,884 282 147 505

4,109 4,109 4,046 63 0 .. ..

4,814 4,814 4,807 7 0 .. ..

5,696 5,696 5,690 6 0 .. ..

5,875 5,875 5,871 5 0 .. ..

5,933 5,933 5,930 3 0 .. ..

5,876 5,876 5,874 2 0 .. ..

6,912 6,912 6,911 1 0 .. ..

6,884 6,884 6,883 1 0 .. ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

137 137 137 0 0 .. ..

265 265 265 0 0 .. ..

285 285 285 0 0 .. ..

332 332 332 0 0 .. ..

287 287 287 0 0 .. ..

101 101 101 0 0 .. ..

1,251 1,251 1,251 0 0 .. ..

203 203 203 0 0 .. ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

81 81 81 0 0 .. ..

94 94 94 0 0 .. ..

134 134 133 1 0 .. ..

140 140 139 1 0 .. ..

155 155 154 1 0 .. ..

175 175 174 1 0 .. ..

181 181 180 1 0 .. ..

194 194 193 1 0 .. ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

45 45 45 0 0 .. ..

55 55 55 0 0 .. ..

70 70 70 0 0 .. ..

72 72 72 0 0 .. ..

74 74 74 0 0 .. ..

75 75 74 0 0 .. ..

73 73 73 0 0 .. ..

75 75 75 0 0 .. ..

270 -15 285 0 0 .. 285

176 116 61 0 0 .. 61

145 81 64 -1 -1 .. 65

102 149 -47 -1 -1 .. -46

22 159 -137 -1 -1 .. -136

-288 -98 -190 -1 -1 .. -189

1,163 1,164 -1 -1 -1 .. ..

237 103 134 -1 -1 .. 135

6 ..

-302 ..

40 ..

129 ..

43 ..

44 ..

30 ..

-134 ..

8,863 4,158 4,221 855 1,288 2,900

15,139 6,963 7,745 1,603 1,283 6,115

28,590 10,504 13,918 1,875 1,411 8,111

26,781 7,233 11,276 927 1,160 6,936

29,984 9,325 12,503 1,510 1,526 5,868

27,111 10,437 13,099 2,025 1,404 4,449

30,815 9,415 15,207 1,145 3,351 6,068

34,721 9,592 14,747 1,352 3,343 5,284

124.2 58.2 5.9 56.2

79.0 36.3 3.1 111.2

60.2 22.1 2.7 128.4

93.1 25.1 3.6 103.0

71.7 22.3 2.8 87.8

61.5 23.7 2.6 69.3

80.3 24.5 2.7 80.3

80.0 22.1 2.8 68.9

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%) Notes: Short-term debt is based on data from the BIS.

149

ZAMBIA (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

5,811 4,508 76 33 1,227

5,461 4,538 234 90 689

3,080 2,205 674 152 201

3,774 2,220 474 154 1,080

4,419 2,111 1,191 167 1,117

4,944 3,482 326 167 1,137

5,385 3,929 330 171 1,126

5,596 4,154 332 173 1,110

4,508 4,444 4,412 31 0 65 ..

4,538 3,942 3,646 295 0 596 ..

2,205 1,157 1,108 48 0 1,049 ..

2,220 1,200 1,158 42 0 1,020 ..

2,111 1,317 1,284 33 0 794 ..

3,482 1,964 1,857 108 0 1,517 ..

3,929 3,166 2,347 820 734 763 ..

4,154 3,392 2,579 813 750 763 ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

261 251 251 0 0 10 ..

218 114 114 0 0 105 ..

239 118 108 10 0 121 ..

126 91 91 0 0 35 ..

203 176 176 0 0 27 ..

789 696 605 91 0 93 ..

1,333 1,300 566 734 734 33 ..

390 357 341 16 16 33 ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

98 79 79 1 0 18 ..

136 71 59 12 0 66 ..

114 61 52 8 0 53 ..

122 59 52 7 0 63 ..

86 47 38 8 0 40 ..

139 56 40 16 0 82 ..

143 101 78 23 0 42 ..

192 150 127 23 0 42 ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

80 76 76 0 0 4 ..

58 29 29 0 0 28 ..

39 14 14 0 0 24 ..

36 13 13 0 0 24 ..

29 11 11 0 0 18 ..

48 13 13 0 0 35 ..

59 41 41 0 0 18 ..

99 82 42 40 40 18 ..

159 198 -39 -9 -1 -8 -30

88 -8 96 27 -12 39 69

232 67 166 70 2 68 96

45 283 -238 -36 -7 -29 -202

876 193 683 -21 -8 -13 704

-192 589 -780 85 75 10 -865

1,179 476 702 702 712 -9 ..

180 197 -17 -17 -7 -9 ..

122 6

329 5

603 -6

472 -13

1,228 101

941 25

1,044 26

1,811 ..

3,097 891 1,567 71 .. 245

6,547 2,533 3,239 461 53 560

13,242 5,291 6,890 1,346 68 1,096

12,386 4,564 4,498 265 41 1,892

14,827 7,733 6,959 1,303 44 2,094

18,047 9,046 8,724 1,093 46 2,324

20,261 9,891 10,346 1,033 73 3,042

21,628 .. .. .. .. 2,684

652.0 187.6 21.2 4.2

215.6 83.4 11.2 10.3

58.2 23.3 3.2 35.6

82.7 30.5 3.7 50.1

57.1 29.8 1.9 47.4

54.7 27.4 2.2 47.0

54.4 26.6 2.2 56.5

.. 25.9 .. 48.0

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

Notes: Long-term private nonguaranteed before 2011 are World Bank staff estimates based on reports provided by the country. Short-term debt data before 2011 are from the BIS. Short-term debt from 2011 only include private nonguaranteed short-term debt. Data include the effects of HIPC and MDRI debt relief.

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ZIMBABWE (US$ million, unless otherwise indicated) 2000

2005

2008

2009

2010

2011

2012

2013

3,843 2,981 568 55 294

4,445 3,209 1,111 534 125

5,711 3,743 1,838 807 129

6,000 3,824 1,634 915 542

6,605 4,259 1,817 938 529

7,310 4,724 2,059 1,052 527

8,653 5,715 2,417 1,141 520

8,193 4,952 2,722 1,234 519

2,981 2,776 2,439 337 0 205 ..

3,209 3,177 2,771 406 0 32 ..

3,743 3,654 3,227 427 0 89 ..

3,824 3,734 3,287 448 0 89 ..

4,259 3,663 3,230 433 0 596 ..

4,724 3,820 3,389 431 0 904 ..

5,715 3,884 3,447 437 0 1,831 ..

4,952 3,951 3,506 445 0 1,001 ..

Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

185 139 125 15 0 46 ..

25 24 16 8 0 0 ..

105 39 25 14 0 66 ..

79 13 13 0 0 66 ..

847 4 4 0 0 843 ..

1,584 186 181 5 0 1,398 ..

1,433 70 70 0 0 1,363 ..

1,710 58 58 0 0 1,652 ..

Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

211 146 113 33 0 65 ..

45 31 21 10 0 14 ..

54 2 2 0 0 52 ..

66 0 0 0 0 66 ..

337 1 1 0 0 336 ..

1,096 6 6 0 0 1,091 ..

440 5 5 0 0 435 ..

2,494 12 8 4 0 2,482 ..

Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

81 64 50 13 0 17 ..

7 3 2 1 0 4 ..

10 5 5 0 0 5 ..

30 14 14 0 0 16 ..

31 13 13 0 0 18 ..

43 14 14 0 0 29 ..

273 14 14 0 0 259 ..

133 6 6 0 0 127 ..

-329 -58 -271 -37 -19 -19 -233

-180 -169 -11 -16 -2 -14 5

28 21 7 28 14 14 -21

-299 13 -312 0 .. 0 -312

666 -1 667 507 0 507 160

616 175 441 313 5 308 128

1,254 57 1,196 927 .. 927 269

-574 48 -622 -834 -4 -830 212

23 ..

103 ..

52 ..

105 ..

166 ..

387 ..

400 ..

6,329 .. .. .. .. 193

5,481 .. .. .. .. 97

3,972 .. .. .. .. 76

7,901 .. .. .. .. 822

8,907 .. .. .. .. 732

10,050 .. .. .. .. 659

11,513 .. .. .. .. 574

11,784 .. .. .. .. 474

.. 60.7 .. 5.0

.. 81.1 .. 2.2

.. 143.8 .. 1.3

.. 75.9 .. 13.7

.. 74.2 .. 11.1

.. 72.7 .. 9.0

.. 75.2 .. 6.6

.. 69.5 .. 5.8

Summary external debt data External debt stocks Long-term external debt Short-term external debt interest arrears on long-term Use of IMF credit

Long-term external debt Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds

Net financial flows Net debt inflows Official creditors (incl. IMF) Private creditors Long-term Public and publicly guaranteed Private nonguaranteed Short-term

Net equity inflows Foreign direct investment Portfolio equity

Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Reserves to external debt stocks (%)

Notes: Data from 2001 include late interest fee owed to Paris Club and Commercial Creditors. Short-term debt is based on data from the BIS.

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Appendix About the Data

153

Data Sources and Methodology

Data Sources

he principal sources of information for the tables in International Debt Statistics 2015 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 benefit 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) on equity, 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

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debtors and may also vary for the same debtor from year to year. Data on long-term external debt reported by member countries are checked against, and supplemented by, data from several other sources. Among these sources are the statements and reports of several regional development banks, government lending agencies, and official government Web sites.

Methodology Aggregations Total debt stock and other aggregate measures are derived from the summation of loan-level data on stocks and flows after conversion to a common currency. Other tabulations are compiled using terms and conditions reported in the loan-level data, such as currency composition, cancellations, rescheduling of other liabilities into long-term public and publicly guaranteed external debt, and debt buybacks. Aggregates for regional and income groups are based on the World 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 2013 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 tables and 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

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significant when exchange rates have moved sharply during the year. Projected debt service is converted to U.S. dollars at rates in effect at the end of December 2012. 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. That 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 (a 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 the debt stock reconciliation, but not all components are shown in the IDS print edition and online tables.

D A T A

External Debt Restructuring Starting in 1985, the WBXD includes information on the restructuring of debt by official creditors in the context of the Paris Club, restructuring by commercial creditors, debt swap operations, buybacks, and bond exchanges. It attempts to capture accurately the effect of debt restructuring on both external debt stocks and external debt flows, consistent with the terms on which the restructuring takes place. In the compilation and presentation of external debt data, a distinction is made between cash flows and imputed flows. According to this criterion, restructured service payments and the shift in liabilities from one financial instrument to another as a result of debt restructuring are considered to be imputed flows. Both cash flows and imputed flows are recorded separately in WBXD. The imputed flows and stock changes associated with debt restructuring are included in the IDS tables and online database to complement the cash-basis transactions recorded in the main body of the data. Such data encompass information on the debt stock and debt flows restructured each year, the amount of principal forgiven (interest forgiven is shown as a memorandum item), and the amount of external debt stock reduced either by forgiveness or by a debt buyback operation. Changes in creditors and debtors that result from debt restructuring are also reflected. For example, when insured commercial credits are rescheduled, the creditor classification shifts from private to official (bilateral), reflecting the assumption of the assets by the official credit insurance agencies in the creditor country. The 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

S O U R C E S

A N D

M E T H O D O L O G Y

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

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outstanding balance of the loan at the beginning of the period. Using the interest rate specified in the loan contract, the first and final interest payment dates, and the frequency of payments, the WBXD system calculates the stream of future interest payments due. If interest payments are irregular, the WBXD system requires a schedule. Future debt service payments are the sum of future principal and interest payments due on existing commitments, including the undisbursed portion. They do not include debt service payments that may become due as a result of new loans contracted in subsequent years, nor do they take into account the effect of any change to future debt service obligations resulting from actions such as prepayment or rescheduling or from cancellations that occurred after the most recent year-end data reported to the DRS. Both projected disbursements and future debt service payments are converted into U.S. dollars using end-December 2012 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 2012.

Treatment of Arrears The DRS collects information on arrears of both principal and interest. Principal in arrears is included in the amount of long-term external debt outstanding and is shown separately. Interest in arrears on long-term external debt and interest in arrears on the use of IMF credit are included as part of short-term external debt outstanding and are shown separately. Clearance of interest in arrears by repayment will be recorded as an interest payment in the relevant creditor category of the loan (or loans) on which the arrears were incurred, as a corresponding reduction in the level of short-term debt outstanding, and as a net reduction in interest arrears. Clearance of interest arrears through debt restructuring or forgiveness will be recorded as a reduction in the level of short-term debt outstanding and a net reduction in interest arrears. When interests are rescheduled, they will be capitalized: This change will be recorded as an increase in long-term debt outstanding equal to the amount of interest capitalized and the reduction in short-term debt outstanding noted previously.

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External Debt and Its Components

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 A.1 on the next page. Information about general methods of compiling external debt data is discussed in the previous 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 is 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 voluntarily provide 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 was jointly developed by the World Bank and the IMF and provides detailed external debt data of countries that subscribe to the IMF’s Special Data Dissemination Standard (SDDS) and a selected number of countries that participate in the IMF’s General Data Dissemination System (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 short-term external liabilities by original maturity can be derived by deducting from claims due in one year those that, 12 months earlier, had a

D A T A

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A N D

M E T H O D O L O G Y

Figure A.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

Pubilc and publicly guaranteed debt

by creditor

Official creditors

Multilateral

Private creditors

Bilateral

Commercial banks

maturity of between one and two years. However, not all commercial banks report to the BIS in a way that allows the full maturity distribution to be determined, and the BIS data include liabilities only to banks within 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.

Bonds

Other

Interest in arrears on long-term external debt and interest in arrears on the use of IMF credit are added to short-term debt and are separately identified.

Use of IMF Credit Data related to the operations of the IMF are provided by the IMF Treasurerâ&#x20AC;&#x2122;s Department. They are converted from special drawing rights (SDR) into dollars using end-of-period exchange rates for stocks and average-over-the-period exchange rates for flows. IMF trust fund operations under the Enhanced Structural Adjustment Facility, Extended Fund Facility, Poverty Reduction and Growth Facility, and Structural Adjustment Facility (Enhanced Structural Adjustment Facility in 1999) are presented together with all of the IMFâ&#x20AC;&#x2122;s special facilities (buffer stock, supplemental reserve,

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compensatory and contingency facilities, oil facilities, and other facilities). 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 was introduced for the first time in IDS 2013 with historical data starting in 1999.

Long-Term Debt Long-term debt has an original maturity of more than one year. It comprises the obligations of both public and private debtors. Private nonguaranteed debt comprises the external obligations of private debtors that are not guaranteed for repayment by a public entity in the debtor country. Public and publicly guaranteed debt comprises the external obligations of public debtors and has two components: (a) public debt, which is borrowing by the national government or agency, by a political subdivision or agency, or by autonomous public bodies, and (b) publicly guaranteed debt, which is borrowing by a private agency that is guaranteed for repayment by a public entity.

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.

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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 quarterly external debt statistics (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 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 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.

D A T A

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 creditors’ records. Such creditors include the African Development Bank, the Asian Development Bank, the IDB, IBRD, and IDA. (IBRD and IDA are institutions of the World Bank.) Bilateral creditors are governments and their agencies, including central banks, aid agencies, official export credit agencies, and autonomous agencies such as the U.S. Department of Agriculture or the Federal Home Loan Bank. Member countries of the OECD Development Assistance Committee (DAC) and some other countries also report information on loans extended bilaterally or officially guaranteed to the Creditor Reporting System of the OECD.

Private Creditors Private creditors include commercial banks, bondholders, and other private creditors. This line includes only publicly guaranteed creditors.

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A N D

M E T H O D O L O G Y

Nonguaranteed private creditors are shown separately. Bonds include publicly issued or privately placed bonds. Commercial bank loans are loans from private banks and other private financial institutions. Credits of other private creditors include credits from manufacturers, exporters, and other suppliers of goods, plus bank credits covered by a guarantee of an export credit agency. This line is included in the online database but is not shown in the published tables. It can be obtained as the difference between (a) credits of total private creditors and (b) bonds and commercial bank loans.

Sources of the Macroeconomic Indicators

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 UNCTAD 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: Algeria (2013) Burkina Faso (from 2011) Comoros (from 2005) Côte d’Ivoire (2011) Fiji (2013) Ghana (2013) Guinea-Bissau (from 2011) Indonesia (2013)

Kenya (2013) Madagascar (from 2006) Mali (2012) Mauritania (from 2006) Niger (2011) Nigeria (2013) Peru (2013) São Tomé and Príncipe (2013)

Senegal (2012) Serbia (2013) Seychelles (2013) Swaziland (2013) Tanzania (2013) Togo (2011)

Data on imports of goods, services, and primary income are gap-filled with countries’ balance of payments statistics for the following countries: Algeria (2013) Burkina Faso (from 2011) Comoros (from 2005) Côte d’Ivoire (2011) Fiji (2013) Ghana (2013) Guinea-Bissau (from 2011) Indonesia (2013)

Kenya (2013) Madagascar (from 2006) Mali (2012) Mauritania (from 2006) Niger (2011) Nigeria (2013) Peru (2013) São Tomé and Príncipe (2013)

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Senegal (2012) Serbia (2013) Seychelles (2013) Swaziland (2013) Tanzania (2013) Togo (2011)

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Data on current account balance are based on countries’ balance of payments statistics for the following countries: Algeria (2013) Benin (2012) Bolivia (2013) Burkina Faso (from 2011) Central African Republic (from 2005) Chad (from 2005) Comoros (from 2005) Côte d’Ivoire (2011) Fiji (2013) Gabon (from 2006) Ghana (2013) Guinea-Bissau (from 2011)

Indonesia (2013) Kenya (2013) Liberia (2012) Madagascar (from 2006) Mali (2011) Mauritania (from 2007) Niger (2011) Nigeria (2013) Peru (2013) São Tomé and Príncipe (2013) Senegal (2012)

Serbia (2013) Seychelles (2013) Swaziland (2013) Tajikistan (2013) Tanzania (2013) Togo (2011) Zimbabwe (from 2005)

Data on personal transfers and compensation of employees are based on countries’ balance of payments statistics for the following countries: Indonesia (2013) Peru (2013) Data on portfolio equity are based on countries’ balance of payments statistics for the following countries: Burkina Faso (from 2011) Indonesia (2013) Nigeria (2013)

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Country Groups Regional Groups East Asia and Pacific Cambodia (A) China (P) Fiji (A) Indonesia (A) Lao PDR (A) 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) Hungary (A) Kazakhstan (A) Kosovo (A) Kyrgyz Republic (A) Macedonia, FYR (A) Moldova (A) Montenegro (A) Romania (A) Serbiaa, b (A)

Tajikistan (A) Turkey (A) Turkmenistan (E) Ukraine (A) Uzbekistan (A) Latin America and the Caribbean Argentina (A) Belize (A) Bolivia (A) Brazil (A) 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. Lucia (A) St. Vincent and the Grenadines (A) Venezuela, RB (A) Middle East and North Africa Algeria (A) Djibouti (A)

Egypt, Arab Rep. (A) Iran, Islamic Rep. (A) Jordan (A) Lebanon (A) Morocco (A) Syrian Arab Republic (E) Tunisia (A) Yemen, Rep. (A) South Asia Afghanistan (A) Bangladesh (E) Bhutan (A) India (A) Maldives (A) Nepal (A) Pakistan (A) Sri Lanka(A) Sub-Saharan Africa Angola (A) Benin (A) Botswana (A) Burkina Faso (A) Burundi (A) Cabo Verde (A) Cameroon (A) Central African Republic (A) Chad (P) Comoros (A) Congo, Dem. Rep. (P) Congo, Rep. (A) Côte d’Ivoire (A) Eritrea (E) Ethiopia (A)

Gabon (A) Gambia, The (A) Ghana (A) Guinea (E) Guinea-Bissau (E) Kenya (A) Lesotho (A) Liberia (A) Madagascar (A) Malawi (A) Mali (A) Mauritania (A) Mauritius (A) Mozambique (A) Niger (A) Nigeria (A) Rwanda (A) São Tomé and Príncipe (A) Senegal (A) Seychelles (A) Sierra Leone (A) Somalia (E) South Africa (P) Sudanc (P) Swaziland (A) Tanzania (A) Togo (A) Uganda (A) Zambia (A) Zimbabwe (A)

Note: Letters in parenthesis indicate DRS reporters’ status: (A) as reported, (P) preliminary, and (E) estimated. The status “as reported” indicates that the country was fully current in its reporting under the DRS and that World Bank staff are satisfied that the reported data give an adequate and fair representation of the country’s total public debt. “Preliminary” data are based on reported or collected information, but because of incompleteness or other reasons, an element of staff estimation is included. “Estimated” data indicate that countries are not current in their reporting and that a significant element of staff estimation has been necessary in producing the data tables. a. For Bosnia and Herzegovina, total debt before 1999, excluding IBRD and IMF obligations and short-term debt, is included under Serbia. b. Data prior to 2006 include Montenegro. c. Data include South Sudan.

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Income Groups Low-income economies Afghanistan Bangladesh Benin Burkina Faso Burundi Cambodia Central African Republic Chad Comoros Congo, Dem. Rep. Eritrea Ethiopia Gambia, The Guinea Guinea-Bissau Haiti Kenya Liberia Madagascar Malawi Mali Mozambique Myanmar Nepal Niger Rwanda Sierra Leone Somalia Tajikistan Tanzania Togo

Uganda Zimbabwe

Gabon Georgia Ghana

Middle-income economies

Grenada

Albania Algeria Angola Argentina Armenia Azerbaijan Belarus Belize Bhutan Bolivia Bosnia and Herzegovina Botswana Brazil Bulgaria Cabo Verde Cameroon China Colombia Congo, Rep. Costa Rica Côte d’Ivoire Djibouti Dominica Dominican Republic Ecuador Egypt, Arab Rep. El Salvador Fiji

Guatemala Guyana Honduras Hungary India Indonesia Iran, Islamic Rep. Jamaica Jordan Kazakhstan Kosovo Kyrgyz Republic Lao PDR Lebanon Lesotho Macedonia, FYR Malaysia Maldives Mauritania Mauritius Mexico Moldova Mongolia Montenegro Morocco Nicaragua Nigeria

Panama Papua New Guinea Paraguay Peru Philippines Romania 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 Uzbekistan Vanuatu Venezuela, RB Vietnam Yemen, Rep. Zambia

Pakistan

Note: Low-income economies are those with a GNI per capita of $1,045 or less in 2013. Middle-income economies are those with a GNI per capita of more than $1,046 but less than $12,745. Italicized countries are IDA-only countries as of July 1, 2014; IDA-only excludes blend and IBRD countries.

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Glossary

Debt Reporting System (DRS) Average terms of new commitments provide information on the 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.

the DAC definition, as was the practice in earlier reports. 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 the reporting year.

Commercial banks are private banks that provide loans and other financial services.

Currency composition of public and publicly guaranteed debt provides information on the share of loans outstanding and disbursed by currency of repayment. For major multilateral creditors, the currency composition of the relevant unit of account is also taken into account. The principal currencies in which the external debt of low- and middle-income countries is contracted (the euro, Japanese yen, U.S. dollar, SDR, and all other currencies) 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.

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.

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).

Concessional debt conveys information about the borrower’s receipt of aid from official lenders at concessional terms as defined by the DAC, that is, loans with an original grant element of 25 percent or more. Loans from major regional development banks—African Development Bank, Asian Development Bank, and the Inter-American Development Bank—and from the World Bank are classified as concessional according to each institution’s classification and not according to

Debt buyback is the repurchase by a debtor of its own debt, either at a discount price or at par value. In the event of a buyback of long-term debt, the face value of the debt bought back will be recorded as a decline in stock outstanding of long-term debt, and the cash amount received by creditors will be recorded as a principal repayment. For example, if a country buys back longterm external debt of face value B at a price P, then long-term external debt will decline by B,

Bilateral official creditors are official agencies that make loans on behalf of one government to another government or to public (and, in some cases, private) borrowers in another country. Bonds are debt instruments issued by public and publicly guaranteed or private debtors with durations of one year or longer. Bonds usually give the holder the unconditional right to fixed money income or contractually determined, variable money income.

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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 online database). Debt forgiveness grants include both debts canceled by agreement between debtor and creditor and reductions in the net present value of official nonconcessional loans resulting from concessional rescheduling or refinancing. Data are recorded on a disbursement basis and include debt forgiveness from bilateral and multilateral creditors. Debt outstanding and disbursed is the value at 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. 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. External debt flows are debt-related transactions during the year specified. They include disbursements, principal repayments, and interest payments. External debt stocks comprise public and publicly guaranteed long-term external debt, private nonguaranteed long-term external debt, use of IMF credit, and short-term external debt, including

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interest arrears on long-term debt. The relation between external debt stock and its components is illustrated on page 159 (figure A.1). External debt stocks to exports is the ratio of outstanding external debt to the value of exports of goods and services and receipts of 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 equity flows in the reporting economy. It is the sum of equity capital, reinvestment earnings, and other capital. Direct investment is a category of cross-border investment associated with a resident in 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). Gross national income (GNI) is the sum of value added by all resident producers, plus any product taxes (less subsidies) not included in the valuation of output, plus net receipts of primary income compensation of employees and property income from abroad. Yearly average exchange rates are used to convert GNI from local currency to U.S. dollars. Heavily Indebted Poor Country (HIPC) Initiative is a program of the World Bank and the International Monetary Fund (IMF) to provide debt relief to qualifying countries with unsustainable debt burdens.

G L O S S A R Y

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.

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.

Interest payments are the amounts of interest paid in foreign currency, goods, or services in the year specified.

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.

Interest rate is the interest rate applicable to a loan commitment as specified in the loan contract. The information presented in International Debt Statistics is the average interest on all public and publicly guaranteed debt committed during the specified period.

Multilateral Debt Relief Initiative (MDRI) is a program of the World Bank, the IMF, the InterAmerican Development Bank, and the African Development Bank that provides additional debt relief to countries that have completed the HIPC process.

International Bank for Reconstruction and Development (IBRD) is a multilateral official creditor. IBRD is the nonconcessional lending arm of the World Bank Group.

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.

International Development Association (IDA) is a multilateral official creditor. It is the concessional financing arm of the World Bank Group. IDA also provides grant financing to qualified borrowers. IMF charges are the amounts of interest paid in foreign currency in the year specified for transactions with the IMF. IMF purchases are the total drawings on the general resources account of the IMF during the year specified, excluding drawings in the reserve tranche. 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).

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. Since 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 and compensation of employees is the sum of personal transfers and compensation of employees. Personal transfers

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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 (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 yearâ&#x20AC;&#x2122;s end of public sector borrowers, or borrowers with a public sector guarantee, owed to official and private lenders.

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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 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 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: 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 countriesâ&#x20AC;&#x2122; 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

G L O S S A R Y

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.

Quarterly Debt Statistics Central bank sector is identical to the definition of that subsector in the 2008 System of National Accounts (SNA). The central bank is the financial institution (or institutions) that exercises control over key aspects of the financial system. It carries out such activities as issuing currency, managing international reserves, transacting with the IMF, and providing credit to deposit-taking corporations. Central government subsector consists of the institutional unit(s) of the central government plus those nonmarket Non-profit institutions that are controlled by the central government. The political authority of the central government extends over the entire territory of the country. Currency and deposits consist of notes and coins and deposits (both transferable and other).

Notes and coins represent claims of a fixed nominal value usually on a central bank or government; commemorative coins are excluded. Deposits include all claims that are (a) on the central bank, deposit-taking corporations other than the central bank, and, in some cases, other institutional units; and (b) represented by evidence of deposit. Debt liabilities owed by residents to residents of the same economy are classified as domestic debt, and debt liabilities owed by residents to nonresidents are classified as external debt. The definition of residence follows the current international standards (the System of National Accounts 2008 [2008 SNA] and the Balance of Payments and International Investment Position Manual, Sixth Edition [BPM6]). Debt securities are negotiable financial instruments serving as evidence of a debt. The security normally specifies a schedule for interest payments and principal repayments. Examples of debt securities are bills, bonds, and debentures, including bonds that are convertible into shares, commercial paper, negotiable certificates of deposit, loans that have become negotiable from one holder to another, nonparticipating preferred stocks or shares, asset-backed securities and collateralized debt obligations, banker’s acceptances, and similar instruments normally traded in the financial markets. Deposit-taking corporations, except the central bank sector is identical with the corresponding subsector in the 2008 SNA. It includes commercial banks, institutions such as savings banks, savings and loan associations, credit unions or cooperatives, traveler’s check companies, and specialized banks or other financial institutions if they take deposits or issue close substitutes for deposits Post office savings banks or other government-controlled savings banks are also included if they are institutional units separate from the government. Deposit-taking corporations that engage exclusively (or almost exclusively) with nonresidents, often called offshore banks or offshore banking units, are included in the deposit-taking corporations sector, but they may be excluded from the money-issuing sector because their liabilities are not included in broad money. General government sector is identical with the definition of that sector in the 2008 SNA. The government units of a country consist of those

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authorities and their agencies that are units established by political processes and exercise legislative, judicial, and executive authority over other institutional units within a given territorial area. General government agencies that are residents of an economy include all departments, establishments, and bodies located in the economic territory of an economyâ&#x20AC;&#x2122;s central, state, and local governments and all embassies, consulates, military establishments, and other entities, which are located elsewhere, of an economyâ&#x20AC;&#x2122;s general government. Insurance, pension, and standardized guarantee schemes comprise (a) nonlife insurance technical reserves, (b) life insurance and annuity entitlements, (c) pension entitlements, claims of pension funds on pension managers, and entitlements to nonpension funds, and (d) provisions for calls under standardized guarantees. Loans include those financial assets created through the direct lending of funds by a creditor (lender) to a debtor (borrower) through an arrangement in which the lender either receives no

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security evidencing the transactions or receives a nonnegotiable document or instrument. Other accounts receivable/payable covers items other than equity; currency and deposits; loans; insurance, pension, and standardized guarantee schemes; trade credit and advances; and SDRs. Other sectors comprises other financial corporations (i.e., other than deposit-taking corporations), nonfinancial corporations, and households and nonprofit institutions serving households (NPISHs) subsectors. 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 of interest accrues). Trade credit and advances consist of liabilities arising from the direct extension of credit by suppliers for transactions in goods and services, and advance payments by buyers for goods and services and for work in progress (or to be undertaken).

ECO-AUDIT

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