Global Development Finance 2011: External Debt of Developing Countries

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S U M M A R Y

Summary Table 1. Key Indebtedness Indicators, 2007–09 (continued)

Country

St. Vincent and the Grenadines Sudan Swaziland Syrian Arab Republic Tajikistan Tanzania Thailand Togo Tonga Tunisia Turkey Turkmenistan Uganda Ukraine Uruguay Uzbekistan Vanuatu Venezuela, RB Vietnam Yemen, Rep. Zambia Zimbabwe

Total external debt, 2009 ($ millions)

Present value of debt, 2009 ($ millions)

209 20,139 418 5,236 2,514 7,325 58,755 1,640 105 21,709 251,372 576 2,490 93,153 12,159 4,109 130 54,503 28,674 6,356 3,049 5,015

166 35,082 379 4,413 1,792 2,648 54,554 1,360 66 19,650 231,439 525 1,132 89,029 10,868 3,329 96 54,906 21,704 4,052 1,172 6,247

Ratio of total external debt to exports of goods and services (%)

95 202 17 28 159 157 30 164 169 89 157 5 76 128 135 36 48 66 45 74 63 269

Ratio of present value of debt to exports of goods and services (%)

Ratio of total external debt to GNI (%)

76 352 16 24 114 57 28 136 107 80 144 4 34 123 121 29 35 66 34 47 24 335

38 42 15 11 55 37 23 60 32 60 38 4 18 65 41 15 22 19 35 27 26 —

Ratio of present value of debt to GNI (%)

30 73 13 9 39 13 22 50 20 54 35 3 8 62 37 12 16 19 27 17 10 0

Source: World Bank data. Note: GNI = gross national income; — = not available. For definitions of indicators, see the “About the Data” section. Numbers in italics are based on the latest available Debt Sustainability Analysis for Low-Income Countries (LIC DSA) and include the effects of traditional relief, debt relief under the Heavily Indebted Poor Country (HIPC) Initiative, and relief under the Multilateral Debt Relief Initiative (MDRI). Under MDRI, the International Development Association (IDA), the International Monetary Fund (IMF), and the African Development Fund (AfDF) provide debt stock cancellation to post–completion point HIPCs on debt owed to the three institutions. The Inter-American Development Bank (IDB) provides similar debt stock cancellation under the IDB 2007 Debt Initiative. MDRI debt relief provides 100 percent stock cancellation on debt disbursed before the end of 2004 (for the IMF, AfDF, and IDB) or the end of 2003 (for IDA) and still outstanding at the time the country reaches the completion point under the HIPC Initiative. In line with the Debt Sustainability Framework for Low-Income Countries, only the conditional debt relief under HIPC Initiative is included for countries in the interim period (between the decision and completion points of the HIPC Initiative).

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T A B L E S


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