International Debt Statistics 2016
International Debt Statistics 2016
© 2016 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. 2016. International Debt Statistics 2016. Washington, DC: World Bank. doi: 10.1596/978-1-4648-0681-0. 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): 978-1-4648-0681-0 ISBN (electronic): 978-1-4648-0682-7 DOI: 10.1596/978-1-4648-0681-0 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
ix
User Guide to Tables
xi
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
1
Introduction DEBTOR REPORTING SYSTEM Trends in Debt Stocks and Flows, 2014 Aggregate Financial Flows to Low- and Middle-Income Countries, 2014 Highlights All Low- and Middle-Income 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 Public Sector Debt
3 4 4 5 6 6 8 9 10 11 12 13 14 15
PART II: Aggregate and Country Tables
17
All Low- and Middle-Income Countries East Asia and Pacific Europe and Central Asia Latin America and the Caribbean Middle East and North Africa South Asia Sub-Saharan Africa
19 20 21 22 23 24 25
Afghanistan Albania Algeria Angola 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 El Salvador Eritrea Ethiopia
v
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
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 6
Fiji Gabon Gambia, The Georgia Ghana Grenada Guatemala Guinea Guinea-Bissau Guyana Haiti Honduras 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 Papua New Guinea
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
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Paraguay Peru Philippines Romania Rwanda Samoa São Tomé and Príncipe Senegal Serbia 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 Vietnam Yemen, Republic of Zambia Zimbabwe
111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145
APPENDIX: About the Data
147
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
149 149 150 153 156 159 161 161 165
Preface
T
his year’s edition of International Debt Statistics, successor to Global Development Finance and World Debt Tables, and the fourth in the series, is designed to respond to user demand for timely, comprehensive data on trends in external debt in low- and middle-income 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 Bank’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 2016 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 low- and middle-income countries, the Commonwealth Secretariat (COMSEC) and the United Nations C o n f e r e n c e o n Tr a d e a n d D e v e l o p m e n t (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
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Acknowledgments
T
his volume was prepared by the Financial Data Team of the Development Data Group (DECDG), led by Evis Rucaj under the management of Neil Fantom, and comprising Parul Agarwal, Peter Bourke, Cynthia Nyanchama Nyakeri, Malvina Pollock, Rubena Sukaj, Sun Hwa Song, Rasiel Vellos, and Alagiriswamy Venkatesan, 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 Prasanth Alluri, Rajesh Danda, Jean-Pierre Djomalieu, Ramgopal Erabelly, Shelley Fu, Ancy Kachappilly, Gytis Kanchas, Karthik Krishnamoorthy, Ugendran Machakkalai, Vilas Mandlekar, and Nacer Megherbi. The cover was designed by Jomo Tariku. Susan Graham, Jewel McFadden, and Nora Ridolfi from the Publishing and Knowledge Division of the World Bank coordinated the publication and dissemination of the book.
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User Guide to Tables
I
nternational Debt Statistics 2016 focuses on financial flows, trends in external debt, and other major financial indicators for low-, middle-, and high-income countries. The report includes more than 200 time series indicators from 1970 to 2014 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 low- and middle-income 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 120 low- and middle-income 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 2006 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 2015. 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 2014 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 120 low- and middle-income countries that report public and publicly guaranteed external debt to the World Bank’s DRS, whenever data are available. The aggregate “All low- and middle-income countries” is the sum of data for 120 countries.
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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
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Classification of Countries For operational and analytical purposes, the World Bank’s main criterion for classifying countries is gross national income (GNI) per capita (calculated by the World Bank Atlas method). Every country is classified as low-income, middleincome, 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 countries 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
T
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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I N T E R N A T I O N A L
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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 code (for example, http://datatopics.worldbank .org/debt/ids/country/DZA to view the table for Algeria). Similarly, to view the regional table, click on the “Region� tab and select one of the listed regions (for example http://datatopics.worldbank.org/debt/ids /region/SAS to view the table for South Asia).
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U S E R
G U I D E
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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
Private nonguaranteed
DT.DOD.DPNG.CD
IMF purchases
DT.DIS.DLXF.CD DT.DIS.DIMF.CD
Use of IMF credit
DT.DOD.DIMF.CD
Short-term debt
DT.DOD.DSTC.CD
Long-term external debt
DT.AMT.DLXF.CD
DT.IXA.DPPG.CD
IMF repurchases
DT.AMT.DIMF.CD
interest arrears on long-term
Principal repayments
DT.AMT.DLTF.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)
DT.INT.DECT.CD
5. MAJOR ECONOMIC AGGREGATES
2. OTHER NON-DEBT RESOURCE FLOWS
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 (%)
DOD.DECT.GN.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
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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
IDA Bilateral
DT.DOD.DPNG.CD DT.DOD.PNGB.CD
DT.INT.MLAT.CD DT.INT.MIBR.CD DT.INT.MIDA.CD DT.INT.BLAT.CD
Private creditors of which: Bonds
DT.DOD.PCBK.CD
DT.INT.DLXF.CD
Commercial banks Private nonguaranteed of which: Bonds
DT.INT.PRVT.CD 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 Bilateral
DT.DIS.DPNG.CD DT.DIS.PNGB.CD
DT.AMT.MIBR.CD DT.AMT.MIDA.CD DT.AMT.BLAT.CD
Private creditors of which: Bonds
DT.DIS.PCBK.CD
DT.AMT.MLAT.CD
Commercial banks Private nonguaranteed of which: Bonds
DT.AMT.PRVT.CD 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
U S E R
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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
1
Introduction
I
nternational Debt Statistics 2016 presents data and analysis on the external debt of low- and middleincome countries for 2014, based on actual flows and debt-related transactions reported to the World Bank Debtor Reporting System (DRS) by 120 low- and middle-income countries. The International Debt Statistics 2016 provides users with comprehensive stock and flow data on the external debt of individual low- and middle-income countries and for regional and analytical groupings and data on aggregate net capital flows (debt and equity) in 2014. 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 low- and middle-income countries reported to the joint World Bank–International Monetary Fund (IMF) Quarterly External Debt Statistics (QEDS) and to the Public Sector Debt (PSD). The main messages from the 2014 data are: (a) Net debt flows to low- and middle-income countries were $464 billion in 2014, a decrease of 18 percent from the comparable figure for 2013. The decline was driven down by a precipitous fall in net short-term debt flows that fell 60 percent to $72 billion ($188 billion in 2013). (b) Net equity inflows, $668 billion, were 7 percent higher than the 2013 level propelled by a 4 percent increase in net foreign direct investment and robust portfolio equity flows, which were up 29 percent. Aggregate net financial flows totaled $1,132 billion, 5 percent lower than 2013, but stable when measured relative to low- and middle-income countries’ gross national income (GNI) at 5 percent. (c) External debt burdens in low- and middle-income countries remained moderate. The ratio of external debt to GNI averaged 22 percent in 2014, and the ratio of external debt to exports averaged 79 percent. International reserves stood at 114 percent of external debt stocks. (d) Countries reporting to the QEDS and PSD confirm that external debt levels in high-income countries are, on average, much higher than those of low- and middle-income countries, but that government debt-to-GDP ratios moderated in 2014.
3
DEBTOR REPORTING SYSTEM Trends in Debt Stocks and Flows, 2014 Debt stock accumulation slowed to 7 percent in 2014 Figure O.1 External Debt Stock of Low- and Middle-Income Countries, 2009–14 6,000
US$ (billions)
5,000 4,000
Short-term external debt
3,000
Private nonguaranteed debt Public and publicly guaranteed (including IMF)
2,000 1,000 0 2009 2010 2011 2012 2013 2014
Source: World Bank Debtor Reporting System.
The total debt outstanding to low- and middle-income countries rose 7 percent in 2014, compared with an 11 percent increase recorded in 2013, and driven largely by the much slower rate of accumulation of short-term debt stocks. They rose only 5 percent compared with 15 percent in 2013. Public and publicly guaranteed debt and private non-guaranteed debt stocks increased at much the same pace, 9 percent and 7 percent, respectively. The combined stock of external debt of low- and middleincome countries rose from $5.1 trillion in 2013 to $5.4 trillion at the end of 2014. This reflects net debt inflows of $464 billion, debt forgiveness, and the effect of yearon-year exchange-rate adjustments between local currencies and the U.S. dollar (approximately one-third of the debt of low- and middle-income countries is denominated in U.S. dollars). The stock of long-term debt at end 2014 was divided somewhat evenly between public and publicly guaranteed and private non-guaranteed debt. Short-term debt, as a share of total debt outstanding was 28 percent, unchanged from 2013.
Net debt flows fall 18 percent as short-term debt inflows contract sharply Figure O.2 Net Debt Flows to Low- and Middle-Income Countries, 2009–14 600
US$ (billions)
500 Short-term debt
400
Banks and other private long-term debt
300
Bonds Official creditors (including IMF)
200 100 0 2009 2010 2011 2012 2013 2014
Net debt flows totaled $464 billion in 2014, 18 percent lower than the comparable figure for 2013, driven almost entirely by a 62 percent drop in net short-term debt flows, which fell to $72 billion ($188 billion in 2013). Net debt inflows from official creditors (including the IMF) were $44 billion, up over 50 percent from their 2013 level; but as a share of total net debt inflows, it remained small. Private creditors accounted for 91 percent of net debt inflows in 2014. Long-term debt inflows from private creditors held steady at $349 billion, thanks to another record year for bond issuance and resilient commercial bank flows. Viewed from the borrower perspective, there was a noticeable change in the composition of debt inflows from private creditors in 2014. The sharp contraction in short-term inflows reduced their share of debt flows to 17 percent in 2014, from approximately 35 percent in 2013. With regard to long-term debt inflows, just over 50 percent went to non-guaranteed private sector borrowers in 2014 as compared with 62 percent in 2013.
Source: World Bank Debtor Reporting System.
External debt burdens remain moderate Figure O.3 Key Debt Indicator Trends in Low- and Middle-Income Countries, 2000–14 140 120 Percent
100 80 60 40 20
20
00 20 01 20 02 20 03 20 04 20 05 20 06 20 07 20 08 20 09 20 10 20 11 20 12 20 13 20 14
0
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 low- and middle-income countries have seen the ratio of outstanding external debt to GNI and to export earnings stay relatively steady: an average of 22 percent of GNI and 79 percent of export earnings at end 2014, broadly in line with 2013 and sharply below the comparable ratios for 2000 (35 percent and 123 percent, respectively). Risks associated with short-term debt (28 percent of external debt stocks) were mitigated by international reserves in excess of total external debt stocks, 114 percent at end 2014. There has been a significant improvement in external debt servicing capacity over the past decade as a consequence of increased export earnings, debt restructuring, and outright debt relief from official and private creditors, primarily in the context of the Heavily Indebted Poor Countries (HIPC) Initiative and the Multilateral Development Relief Initiative (MDRI). Additionally, an increasing number has been able to access international capital markets and secure attractive borrowing terms. The debt service-to-export ratio averaged 9 percent in 2014, a marginal increase over its 2013 level but less than half the 20 percent recorded in 2000.
4
Aggregate Financial Flows to Low- and Middle-Income Countries, 2014 Net financial flows fall 5 percent in 2014 and net short-term debt inflows plunge Figure O.4 Net Financial Flows, Debt and Equity, 2009–14 1,400 1,200 US$ (billions)
Net financial flows, debt and equity combined, totaled $1,132 billion in 2014, 5 percent lower than 2013. The decline was driven by a precipitous fall in net shortterm debt flows, which fell by over 60 percent in 2014 to $72 billion ($188 billion in 2013). Net equity flows rose to $668 billion, 7 percent higher than their 2013 level, propelled by a 4 percent increase in net foreign direct investment and robust portfolio equity inflows, up 29 percent above their 2013 level, to $93 billion. China was dominant, accounting for 51 percent of net equity flows to low- and middleincome countries in 2014 and for 42 percent of the contraction in net short-term debt inflows. Low- and middle-income countries, other than China, saw a slightly higher (6 percent) decline in net financial flows in 2014 to $706 billion, with net equity flows rising only 2 percent and net debt inflows down by 12 percent to $379 billion.
1,000
Net short-term debt flows
800 600
Net medium- and long-term debt flows
400
Net equity inflows
200 0 2009 2010 2011 2012 2013 2014
Sources: World Bank Debtor Reporting System, International Monetary Fund, and Bank for International Settlements.
Foreign direct investment was half of net financial flows but the recipient country picture is mixed Foreign direct investment proved resilient, accounting for slightly over half of net financial inflows in 2014. This is consistent with UNCTAD’s World Investment Report 2015,1 which finds that low- and middle-income countries were the destination for more than half of global foreign direct investment in 2014. Investors continue to be attracted by improved business and regulatory environments, growth prospects, and buoyant and expanding domestic markets. The net inflow of foreign direct investment was $576 billion in 2014, 4 percent higher than the 2013 level ($555 billion) with half of these inflows directed at China. Elsewhere the picture was mixed. In Brazil, the second largest recipient of foreign direct investment after China, net inflows were up 38 percent in 2014. In contrast, in Mexico they fell back to their 2012 level, reflecting the one-off nature of the record $20 billion 2013 purchase of Grupo Modelo by AM-Bev Belgium. Countries in Sub-Saharan Africa recorded the sharpest contraction in net foreign direct investment inflows in 2014 (18 percent), while those in South Asia enjoyed the most rapid (17 percent) increase.
Figure O.5 Net Foreign Direct Investment Inflows to Major Recipients, 2013 and 2014 China Brazil Mexico India Indonesia Colombia Other low- and middleincome countries 0
50
100
150
200
250
300
US$ (billions) 2014
2013
Source: International Monetary Fund.
Portfolio equity flows remain strong but highly concentrated in a small number of countries Portfolio equity flows rebounded in 2014 to $93 billion, on a par with the 2012 level and up 29 percent over the comparable figure for 2013 ($72 billion). Investors sought emerging markets perceived as offering high returns, leading to some diversification in the destination of portfolio equity flows but, in general, they remained highly concentrated in only a handful of low- and middle-income countries. China was the destination of choice and absorbed 56 percent of portfolio equity flows in 2014, with Brazil and India each accounting for an additional 12 percent. Trends were diverse with China recording a 58 percent rise in net portfolio equity flows in 2014 to $52 billion; India a 40 percent ($12 billion) decline; and Brazil net inflows of $12 billion, unchanged from 2013. Portfolio equity flows were susceptible to political turmoil, as exemplified by strong outflows from Thailand and Ukraine. Concerns over economic prospects also led to a downturn in oil-exporting countries like Nigeria.
Figure O.6 Net Inflow of Portfolio Equity to Major Recipients, 2012–14 China India Brazil Nigeria Colombia Other low- and middleincome countries 0
10
20
30
40
50
60
US$ (billions) 2014
2013
2012
Source: International Monetary Fund.
1. UNCTAD (United Nations Conference on Trade and Development). 2015. World Investment Report 2015: Reforming International Investment Governance. New York and Geneva: UNCTAD.
5
Highlights All Low- and Middle-Income Countries Brazil and China command a major share of net debt inflows in 2014 Figure O.7 Net Debt Flows for Select Country Groups, 2013 and 2014 600 US$ (billions)
500 400 2013
300
2014
200 100 0 Low- and middleincome countries
Low- and middleincome countries (except Brazil and China)
Top 10 borrowers
Top 10 borrowers (except Brazil and China)
Source: World Bank Debtor Reporting System.
Forty percent of the combined net debt inflows to low- and middle-income countries in 2014 went to just two countries, Brazil and China. Together they received $183 billion but there was a sharp difference in the evolving trend. Net debt flows to China registered a 37 percent decline, whereas in Brazil the comparable flows soared to $98 billion, 120 percent higher than the 2013 level. For the top ten borrowers, measured on the basis of end 2014 external debt stocks, combined net debt inflows dropped 27 percent, although collectively the top ten commanded 74 percent of net debt flows to low- and middle-income countries in 2014. When Brazil and China are excluded, the decline in net debt flows to the remaining eight countries in the group in 2014 was an even steeper 37 percent, largely on account of the precipitous fall in net debt flows to Malaysia and Thailand. Low- and middle-income countries, excluding the top ten borrowers, saw net debt flows drop by only 5 percent in 2014. This was in large part attributable to a much lower level of volatility in short-term debt flows.
Across regions the composition of net debt inflows varies considerably Figure O.8 Regional Composition of Net Debt Flows 2014 100 80 Percent
60 40 20 0 –20 –40 East Asia and Pacific
Middle Latin Europe America East and and North and the Central Caribbean Africa Asia
Private creditors, short term
South Asia
SubSaharan Africa
Private creditors, long term
Official creditors
Debt flows to low- and middle-income countries comprise long-term flows from official creditors and long- and short-term flows from private creditors. In 2014 the composition of net debt flows was: official creditors 9 percent, private creditors (long-term) 75 percent, and (short-term) 15 percent. At the regional level, the composition varied considerably. Net inflows from official creditors constituted 36 percent of net debt inflows to Sub-Saharan Africa and 30 percent to countries in the Middle East and North Africa; in other regions the share was negligible. Private creditors accounted for 97 percent of net debt inflows to East Asia and Pacific and 95 percent to Latin America and the Caribbean. Short-term inflows accounted for over 40 percent of net debt inflows in East Asia and Pacific and the Middle East and North Africa regions, but only 15 percent in Latin America and the Caribbean. In contrast, the Europe and Central Asia and South Asia regions recorded an outflow of short-term debt in 2014.
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, 2009–14 250
US$ (billions)
200 150 100 50 0 2009
2010
2011
2012
2013
Public and publicly guaranteed Private non-guaranteed bonds Private non-guaranteed banks
2014
In recent years the external debt of low- and middle-income countries has become increasingly characterized by an important shift from public and publicly guaranteed debt to non-guaranteed debt of the private sector. Since 2009, over 50 percent of net long-term debt flows have gone to private sector borrowers not benefiting from any public guarantee, and as a result, at end 2014 they accounted for close to 50 percent of all outstanding long-term external debt of low- and middle-income countries. Paralleling this rise has been an evolution in the composition of these flows, with bond issuance by private sector entities constituting an increasingly important component: it averaged 44 percent of net long-term debt inflows to private sector entities in 2013–14 as compared to 35 percent in 2012. Net debt flows to private sector borrowers are heavily concentrated in countries in the East Asia and Pacific and Latin America and Caribbean regions, which accounted for 67 percent of these flows in 2014.
Source: World Bank Debtor Reporting System.
6
Bond issuance continues apace Figure O.10 Bond Issuance by Public and Private Sector Borrowers, 2013 and 2014 300 250 US$ (billions)
Bond issuance remained an important source of external financing for many lowand middle-income countries, totaling $242 billion in 2014, up marginally from 2013. There was an important shift in borrower composition and in the regional distribution. Bond issuance by public sector borrowers rose 32 percent to $146 billion, equivalent to 60 percent of total bond issuance in 2014 (46 percent in 2013). A principal driver was the purchase of domestically issued bonds by non-residents, in particular in India, a 25 percent increase in issuance by borrowers in Latin America and the Caribbean, and a 29 percent rise in sovereign bonds in SubSaharan Africa, including debut sovereign issues by Ethiopia and Kenya. Bond issuance by corporate borrowers fell 25 percent, reflecting a sharp slowdown in issuance by corporations in Latin America and the Caribbean and Europe and Central Asia.
200 150 Public borrowers
100
Corporate borrowers
50 0 2013
2014
2013
Low- and middle-income countries
2014
Latin America and the Caribbean
2013
2014
East Asia and Pacific
Source: World Bank Debtor Reporting System.
Inflows from multilateral creditors are more than double those of bilateral creditors in 2014 Figure O.11 Bilateral and Multilateral Net Debt Flows, 2007–14 60 50 40 US$ (billions)
Net debt inflows from official creditors, excluding the IMF, fell by 4 percent in 2014 to $43 billion. This moderate decline masked a divergent trajectory in 2014 relative to 2013 for multilateral and bilateral inflows. The former rose by 29 percent in 2014 to $31 billion, while the latter fell by one-third, to $14 billion. The rebound in net inflows from multilateral creditors was driven by a 24 percent rise in those from the World Bank (IBRD and IDA). Net inflows from other multilateral institutions increased at a much slower pace, 5 percent in 2014. The principal beneficiaries of inflows from multilateral creditors were countries in Sub-Saharan Africa and South Asia: together they accounted for close to twothirds of such flows in 2014. The sharp reversal of the upward trajectory in net inflows from bilateral creditors of recent years was in large part attributable to the sharp fall in those to the Arab Republic of Egypt. This decline reflects the exceptionally high level of the bilateral support the country received in 2013.
Bilateral net flows
30 20
Multilateral net flows
10 0 –10 –20 2007 2008 2009 2010 2011 2012 2013 2014
Source: World Bank Debtor Reporting System.
The World Bank dominates inflows from multilateral creditors
7
Figure O.12 Disbursements from IBRD and IDA, Regional Distribution, 2014
US$ (billions)
Gross disbursements by the World Bank (IBRD and IDA) rose to $29 billion, an increase of 13 percent over the comparable figure for 2013, and equivalent to 47 percent of gross disbursements from all multilateral institutions, excluding the IMF. Gross disbursements from other multilateral institutions dipped 2 percent in 2014. IBRD disbursements were concentrated in creditworthy countries in Latin America and the Caribbean, East Asia and Pacific, and Europe and Central Asia. Those disbursements from IDA, reserved for the world’s poorest countries, were directed primarily at Sub-Saharan Africa and South Asia. These regions received 46 percent and 36 percent, respectively, of IDA disbursements (excluding IDA grants) in 2014. The World Bank, the most important source of multilateral financing, accounted for 63 percent of multilateral disbursements to Sub-Saharan Africa in 2014. The Inter-American Bank accounted for 40 percent of disbursements from multilateral creditors to countries in Latin America and the Caribbean in 2014, and the Asian Development Bank for 45 percent to East Asia and Pacific.
16 14 12 10 8 6 4 2 0 Middle East and North Africa
East Asia and Pacific
South Asia
Other multilateral
SubSaharan Africa
IBRD
Source: World Bank Debtor Reporting System.
Latin Europe America and Central and the Asia Caribbean
IDA
East Asia and Pacific China drives the trend in net financial flows in the region Figure O.13 Net Financial Flows, 2007–14 600
US$ (billions)
500 China
400
Other East Asia and Pacific countries
300 200 100 0 2007 2008 2009 2010 2011 2012 2013 2014
Source: World Bank Debtor Reporting System.
Net financial flows to the region fell moderately, 3 percent, in 2014 to $545 billion, and remained broadly unchanged relative to the region’s gross national income (GNI) at 4 percent. But there was a marked shift in composition with net debt flows falling 31 percent from the 2013 level, to $145 billion—equivalent to a little over a quarter of net financial flows in 2014, down from close to 40 percent in 2013. In contrast, net equity flows rose 13 percent to $349 billion on the back of resilient net foreign direct investment and strong portfolio equity inflows; the latter jumped 76 percent in 2014 to $51 billion ($29 billion in 2013). China remained dominant, accounting for 76 percent of net financial inflows to the region in 2014, and driving the downturn in net debt flows; these plummeted to $85 billion, 37 percent below their 2013 level ($135 billion). Countries in the East Asia and Pacific region, excluding China, also saw only a moderate, 4 percent decline in net financial flows in 2014.
Net debt inflows to the region present a mixed picture in 2014 Figure O.14 Net Debt Flows, 2008–14 250
US$ (billions)
200
East Asia and Pacific
150
China 100
Indonesia
50
Malaysia Thailand
0 –50 2008 2009 2010 2011 2012 2013 2014
Source: World Bank Debtor Reporting System.
The downturn in net debt flows was driven by China, which accounted for 59 percent of net debt flows to the region in 2014 (64 percent in 2013) and where net debt inflows fell 36 percent in 2014 to $85 billion ($135 billion in 2013). In Malaysia and Thailand, net debt inflows plummeted to around 10 percent of their 2013 level on account of a sharp contraction in short-term debt flows. Other major borrowers, notably Indonesia and the Philippines, recorded increased net debt inflows in 2014. In Indonesia they rose 45 percent due to the combined effect of increased bond issuance by public sector borrowers and a 70 percent jump in long-term net inflows from commercial banks to private non-guaranteed borrowers. In the Philippines the driving force was a rapid surge in net long-term commercial bank flows to private sector borrowers. The same was true for Vietnam, which recorded a 10 percent increase in net debt inflows in 2013, and again in 2014, underpinned by a surge in net debt inflows to the private sector.
Private sector borrowers account for the largest share of external borrowing Figure O.15 Gross Disbursements by Type of Borrower, 2009–14 160 140 US$ (billions)
120
Public and publicly guaranteed debt
100 80
Private nonguaranteed debt
60 40 20 0 2009
2010
2011
2012
2013
2014
Source: World Bank Debtor Reporting System.
In 2009, disbursements of long-term debt to countries in East Asia and Pacific, excluding China, were almost equally divided between public and publicly guaranteed (51 percent) and private non-guaranteed (49 percent) borrowers. Since then, long-term debt inflows to private sectors across the region have been on a sharp upward trajectory and by 2014 accounted for almost 73 percent of disbursements of long-term debt. They were, however, highly concentrated in three countries, Indonesia, the Philippines, and Thailand, which together absorb around 80 percent of these inflows. Commercial bank and intra-company lending associated with foreign direct investment was an important catalyst of these increased flows, but access to international capital markets has also been an important factor. Bonds issued by corporations in the region was $46 billion in 2014, close to 35 percent of total long-term disbursements of private non-guaranteed debt.
8
Europe and Central Asia Net debt flows drop sharply in 2014 but equity flows remain stable Figure O.16 Net Capital Flows, 2009–14 150 130 110 US$ (billions)
Net financial flows to the region fell 38 percent in 2014, to $84 billion ($135 billion in 2013). Debt flows were volatile, down 56 percent in 2014 to $41 billion—a marked turnaround from 2013 when comparable flows surged 80 percent, to $93 billion. In stark contrast, equity flows remained stable at $41 billion. Driving the downward trajectory for debt flows was the sharp contraction in short-term debt inflows to an outflow of $18 billion in 2014, a pronounced reversal from net inflows of $35 billion in 2013. Much of this shift was attributable to Turkey, where net short-debt flows plunged to $2 billion ($30 billion in 2013). There was a significant fall in overall net debt flows in 2014 to Kazakhstan, down $6 billion and, not surprisingly, Ukraine with an outflow of $11 billion, against an inflow of $7 billion in 2013. Inflows from official creditors to the region accounted for 22 percent of net debt inflows in 2014. They rose to $9 billion (an outflow of $9 billion in 2013), reflecting multilateral and bilateral support for Ukraine and much lower outflows to the IMF.
90
Net debt flows
70
Net equity inflows
50 30 10 0 –10 2009
2010
2011
2012
2013
2014
Source: World Bank Debtor Reporting System.
Private sector borrowing has accelerated sharply over the past three years Figure O.17 Net Long-Term Debt Inflows by Type of Borrower, 2009–14 50 45 40 US$ (billions)
After being hard hit by the global economic crisis of 2008, private sectors across the region recovered strongly. In 2013 net long-term inflows to private entities, without public sector guarantee, climbed to $44 billion, surpassing comparable flows to public and publicly guaranteed borrowers ($31 billion) and accounting for 60 percent of net long-term debt flows to the region. The momentum slowed in 2014 when net long-term inflows to the private sector declined by 27 percent, compared with a 6 percent drop in those to public and publicly guaranteed borrowers, driven by a sharp contraction in flows to Ukraine, which turned negative, and a marked decline in those to Kazakhstan. In the past five years Kazakhstan and Turkey commanded around 80 percent of inflows to private sector entities in the region, but most Europea and Central Asia countries have recorded an increase in private non-guaranteed debt. The composition of net long-term debt inflows to private sector borrowers has evolved with bond issuance averaging one-third of these flows in 2013–14.
35 30 25 20 15 10 5 0 2009
2010
2011
2012
2013
2014
Private non-guaranteed borrowers Public and publicly guaranteed borrowers
Source: World Bank Debtor Reporting System.
Equity inflows remain strong for the majority of countries in the region
9
Figure O.18 Foreign Direct Investment Inflows, 2012–14 3.5 3.0 US$ (billions)
Equity, as a share of net financial flows, rose significantly in 2014, and accounted for half of such flows, compared with a little over 30 percent in 2013. With the exception of Ukraine, where equity flows fell precipitously, most countries across the region attracted a rising volume of equity flows. The region as a whole, excluding Ukraine, was up 16 percent from the 2013 level to $43 billion, with Azerbaijan, Kazakhstan, Turkey, and Turkmenistan together accounting for 68 percent of foreign direct investment flows and 91 percent of portfolio equity flows in 2014. Net inflows of foreign direct investment to other countries in the region, excluding Ukraine, rose by a more moderate 3 percent. There was significant growth in some of the smaller countries in the region, notably Albania and Georgia, where foreign direct investment inflows were up 37 percent and 49 percent, respectively, in 2014, while those to the Former Yugoslavic Republic of Macedonia soared 94 percent, albeit from a relatively low base.
2.5 2.0
2013
1.5
2014
1.0 0.5 0 Albania
Bulgaria
Georgia
Source: World Bank Debtor Reporting System.
Romania
Latin America and the Caribbean Long-term debt inflows from private creditors remain stable in 2014 but their composition shifts Figure O.19 Composition of Net Debt Inflows, 2013 and 2014 80 70
US$ (billions)
60 50 2013
40
2014
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 rose moderately in 2014 to $168 billion ($161 billion in 2013) but were characterized by a marked change in composition. Short-term inflows rose 51 percent to $26 billion and accounted for 15 percent of net debt inflows to the region (10 percent in 2013). In aggregate the change in the level of long-term debt inflows from private creditors in 2014 was moderate, $168 billion compared with $161 billion in 2013, but shifts within this category of debt flows were more pronounced. Long-term net inflows from commercial banks rose 18 percent over their 2013 level, to $75 billion, while net inflows from bond issuance fell 26 percent in the same period, to $54 billion. A fall in bond issuance by private corporations was the main reason for the sharp, 66 percent drop in net inflows from bonds in 2014. New issues by these borrowers were down to around half those of the previous year. Official creditors accounted for only a modest, 5 percent share of net debt flows, although they rose 28 percent in 2014, to $8.7 billion
Source: World Bank Debtor Reporting System.
Net financial inflows to Mexico and Brazil display a very divergent trend in 2014 Figure O.20 Net Financial Flows to Brazil and Mexico by Type, 2012–14 60
US$ (billions)
50 40
2012
30
2013 2014
20 10 0 Mexico
Brazil
Public and publicly guaranteed
Mexico
Brazil
Private non-guaranteed
Mexico
Brazil
Foreign direct investment
Net financial flows to Brazil and Mexico combined totaled $217 billion in 2014, equivalent to 73 percent of those to the region as a whole. However, there was wide disparity in trend and composition. Net financial flows to Brazil, $167 billion in 2014, were 71 percent higher than the 2013 level and more than triple the comparable 2014 flows to Mexico. This increase was the result of a significant rise in net debt inflows to both public and publicly guaranteed and non-guaranteed private sector borrowers, which rose by 63 percent and 73 percent, respectively, in 2014. In parallel, net foreign direct investment jumped 39 percent to $58 billion, making Brazil the second most important destination, after China, for foreign direct investment in low- and middle-income countries. In stark contrast, net financial flows to Mexico dropped by 41 percent in 2014, to $50 billion, due to an 87 percent fall in net debt flows to private sector borrowers and a 53 percent downturn in foreign direct investment.
Source: World Bank Debtor Reporting System.
Net debt inflows accelerate in other countries in Latin American and the Caribbean Figure O.21 Net Financial Flows, Excluding Brazil and Mexico, 2010–14 50 US$ (billions)
40 Net debt inflows Net equity inflows
30 20 10 0 2010
2011
2012
2013
Source: World Bank Debtor Reporting System.
2014
Since 2009, external debt stocks of countries in Latin America and the Caribbean, excluding Brazil and Mexico, have grown on average by 12 percent annually. At end 2014, their combined external debt outstanding totaled $357 billion, equivalent to 27 percent of the region as a whole ($1,347 billion). Net financial flows to this group (excluding Brazil and Mexico) rose 18 percent in 2014, with net debt inflows increasing by 32 percent, to $42 billion, and net equity inflows posting a more moderate 5 percent increase to $39 billion. The growing dominance of debt flows was attributable to several factors. Notably a 20 percent rise in bond issuance by public sector borrowers (mainly in Colombia, Ecuador, and Panama) in 2014 and an 18 percent increase in external borrowing by private sector entities. After peaking in 2012, the net inflow of foreign direct investment leveled off to $35 billion in 2014, with the Dominican Republic, Honduras, and Peru as the principal recipients.
10
Middle East and North Africa Net financial flows fall due to a marked reduction in net long-term debt flows Figure O.22 Net Financial Flows, 2009–14 25 20 US$ (billions)
Net financial flows to the region fell 28 percent in 2014, to $21.5 billion, primarily because of the sharp drop in net debt flows to $8 billion, half the 2013 level. Net equity inflows continued on a downward trajectory, falling by a further 5 percent in 2014 to $13.3 billion, with foreign direct investment flows down by 10 percent, while portfolio equity inflows turned positive for the first time since 2010. They rose to $0.6 billion, a marked turnaround from the net outflow of $0.3 billion recorded in 2013, largely accounted for by a re-emergence of net portfolio equity flows into Egypt. There was a moderate increase in foreign direct investment flows to Jordan, Lebanon, and Morocco in 2014; together they accounted for two-thirds of those to the region as a whole, but inflows to the Islamic Republic of Iran fell 30 percent, to $2.1 billion ($3 billion in 2013). The fall in net debt flows reflects the retrenchment by official, notably bilateral, creditors from an unusually high level in 2013, and a slowdown in bond issuance by sovereigns and other public sector borrowers.
15 10 5 0 –5 2009
2010
2011
2012
Net equity inflows
2013
2014
Net debt inflows
Source: World Bank Debtor Reporting System.
Net debt inflows to the region rise sharply but are heavily concentrated Figure O.23 Net Debt Inflows by Country, 2012–14 20 15 US$ (billions)
Net debt flows declined in 2014 and there was a marked change in composition and destination. Net short-term debt inflows rose to $3.3 billion, a reversal of the net outflow of $0.6 billion in 2013, which served in part to offset the 70 percent fall in net long-term debt flows. These flows were heavily concentrated in Morocco, $2.3 billion, and Egypt, $0.5 billion. It was a similar story for longterm debt flows: net outflows of $3.5 billion from Egypt (as compared with inflows of $8.4 billion in 2013) dominated the regional trend. This reversal resulted from a sharp fall in net debt inflows from bilateral creditors, which fell back to their historic level following the large-scale budgetary support from bilateral lenders in the Gulf in 2013. Added to this was a $2.5 billion bullet payment on a short duration bond issued in 2013. Net long-term debt inflows to Jordan also fell in 2014 to $1.3 billion, less than half the 2013 level. In marked contrast, those to Morocco rose 30 percent to $4.5 billion.
Egypt, Arab Rep. 10
Morocco Jordan
5
Other MENA 0 –5 2012
2013
2014
Source: World Bank Debtor Reporting System.
Debt-to-export ratios remain much lower than in other low- and middle-income countries
11
Figure O.24 Debt Ratios, 2013–14 60 50 Percent
The ratio of external debt to exports and to GNI for the region averaged 55 percent and 15 percent, respectively, in 2014, broadly unchanged from 2013 and well below those for low- and middle-income countries: 79 percent of exports and 22 percent of GNI at end 2014. The debt service-to-exports ratio jumped to 5.5 percent in 2014 (4.9 percent in 2013) reflecting the 12 percent increase in debt service payments, mainly for Egypt. Nevertheless it remained well below the average of 8.9 percent for low- and middle-income countries. The region’s favorable debt indicators result from the high share of equity in net financial flows in prior years, and robust export earnings over the past decade, although these fell back markedly in 2013–14. International reserves were equivalent to 146 percent of external debt stock at the end of 2014, but the regional aggregate was heavily influenced by Algeria, where international reserves, $179 billion, are high, and external debt stock is low, $5.5 billion, equivalent to only 8 percent of exports.
40 2013
30
2014
20 10 0 Debt to exports
Debt to GNI
Debt service to exports
Source: World Bank Debtor Reporting System.
South Asia India dominates the trend in net financial flows Figure O.25 Net Financial Flows by Type, 2009–14 70
US$ (billions)
60 50
Net equity inflows
40 30
Net debt flows
20 10 0 2009
2010
2011
2012
2013
2014
Source: World Bank Debtor Reporting System.
Net financial flows to the region rose marginally, 2 percent, in 2014 with the rise in net debt flows and foreign direct investment, 7 percent and 17 percent, respectively, largely offsetting the 33 percent fall in portfolio equity flows. The dominant factor was India, far and away the largest South Asian economy, which accounted for over 82 percent of net financial flows in the region in 2014. Private creditors accounted for the majority of debt flows, 93 percent in 2014, and again directed primarily at India. The 33 percent rise in long-term net debt from private creditors in 2014 to $57 billion was accompanied by an important change in composition. Whereas in 2013 the bulk of these inflows came from commercial banks, in 2014 they were mainly in the form of bonds. This was a consequence in part of the return to international bond markets by Pakistan and Sri Lanka in 2014 but, overwhelmingly, reflected the surge in the purchase of bonds issued in the Indian domestic market by non-residents.
Debt indicators vary widely across the region Figure O.26 Debt Indicators for Selected Countries, 2014 300
Percent
250 200 Debt/GNI
150
Debt/exports
100
Reserves/debt
50
ka iL
Sr
Pa
ki
st
an
an
al
a
ep
an
di
N
In
ut
de la ng
ut
h Ba
So
Bh
As
sh
ia
0
Source: World Bank Debtor Reporting System.
The ratio of external debt stock to GNI for the region, 24 percent in 2014, and the ratio of external debt stock to exports, 104 percent, were broadly in line with those of 2013. Additionally, and not surprisingly, these averages were determined by, and closely correlated with, India’s debt ratios (23 percent to GNI and 93 percent to exports), given the weight of the Indian economy compared with that of its neighbors. Across the region, however, there was a wide disparity in ratios. The debt-to-export ratio ranged from a high of 268 percent and 258 percent for Bhutan and Sri Lanka, respectively, to a low of 105 percent for Bangladesh. Bhutan had the highest ratio of external debt to GNI, 105 percent, which contrasts with Bangladesh and Nepal, around 20 percent in both countries. Predictably, the ratio of international reserves to debt for the region, 59 percent, also mirrors that of India, 66 percent, given its regional dominance, but it masks a wide range from 150 percent for Nepal to 17 percent for Sri Lanka.
Net financial flows increase 24 percent, excluding India Figure O.27 Net Financial Flows to Select Countries, 2013 and 2014 8 7
US$ (billions)
6 Net equity
5
Net debt private creditors
4 3
Net debt official creditors
2 1 0 –1 –2 2013
2014
Bangladesh
2013
2014
Pakistan
2013
2014
Sri Lanka
Source: World Bank Debtor Reporting System.
Net financial flows to South Asian countries, excluding India, rose 24 percent in 2014 to $18.5 billion, on account of a 23 percent increase in net debt flows and a 25 percent jump in net equity inflows, principally from portfolio equity that more than doubled. Net debt flows accounted for 71 percent of net financial flows to the group in 2014, similar to the share in 2013. Net debt flows to Pakistan jumped to $5.2 billion, from an outflow of $0.07 billion in 2013 (a consequence of the $3.6 billion repayment to the IMF). Contrasting this, Bangladesh saw net debt inflows drop to $2.6 billion, around half the 2013 level, due to a 33 percent fall in inflows from official creditors and a collapse in inflows to private sector borrowers. In Sri Lanka, net debt inflows fell 15 percent as a consequence of lower inflows to, and higher principal payments by, non-guaranteed private sector borrowers. The rise in net equity inflows was more broadly based but particularly strong in Pakistan, where they rose to $2.6 billion in 2014 ($1.6 billion in 2013), reflecting rising Chinese investment in large-scale infrastructure projects.
12
Sub-Saharan Africa Net debt inflows offset the decline in net equity flows Figure O.28 Net Financial Flows, 2009–14 50 US$ (billions)
Net financial flows to Sub-Saharan Africa rose 10 percent in 2014, to $78 billion, with a 20 percent drop in net equity flows, more than offset by a 48 percent rise in net debt flows. The decline in net equity flows was driven in large measure by the $3.9 billion outflow of foreign direct investment from Angola and much lower net inflows of portfolio equity to Nigeria. Net debt inflows rose to $47 billion ($31 billion in 2013) of which 64 percent were accounted for by private creditors. Around 26 percent of net debt flows to the region went to South Africa: its share of comparable debt flows in 2013 was 11 percent. Net financial inflows to the region, excluding South Africa, fell 3 percent in 2014 with a 23 percent rise in net debt inflows, to $34 billion ($28 billion in 2013), not enough to offset the 23 percent drop in net equity flows.
40 30
Net debt inflows
20
Net equity inflows
10 0 2009
2010
2011
2012
2013
2014
Source: World Bank Debtor Reporting System.
Long-term debt inflows rise 34 percent with private creditors dominant Figure O.29 Disbursements to the Region, Excluding South Africa, 2007–14 60
US$ (billions)
External borrowing by countries in the region, excluding South Africa, has risen rapidly and been marked by a distinct change in borrowing patterns and creditor composition. Disbursements of long-term debt increased 34 percent in 2014 (to $54 billion), triple the comparable figures for other low- and middle-income countries, with private creditors accounting for 60 percent (50 percent in 2013). Disbursements from private creditors have also become more diversified. In 2010, all long-term private debt was attributable to banks and other private creditors, whereas in 2014, 27 percent was accounted for by bond issuance. Borrowing patterns have also changed with disbursements from private creditors now going primarily to nonguaranteed private-sector borrowers. Disbursements from official creditors (excluding the IMF) rose 30 percent between 2010 and 2013. The momentum continued in 2014 when they rose a further 8 percent to $21.5 billion. This increase was largely attributable to a 14 percent rise in disbursements by multilateral creditors, notably those from the World Bank. Disbursements from IDA, $5 billion in 2014, were unchanged from their 2013 level, but IDA remained by far the single largest multilateral creditor. China was again the continent’s most important bilateral creditor.
50
Bonds (PPG and PNG)
40
Commercial banks (PPG and PNG)
30
Bilateral 20
Other multilateral
10
IDA
0 2007 2008 2009 2010 2011 2012 2013 2014
Source: World Bank Debtor Reporting System. Notes: PNG = private non-guaranteed; PPG = public and publicly guaranteed.
Bond issuance booms
13
Figure O.30 Bond Issuance in the Region, Excluding South Africa, 2007–14 10
8 US$ (billions)
Historically, bond issuance in Sub-Saharan Africa was confined to South Africa, but following Ghana’s debut issue in 2007, sovereign bond issuance by countries in the region, including those that benefited from HIPC and MDRI debt relief, has been a rapidly rising phenomenon. Benign global market conditions and the investor desire for higher returns have facilitated access to international capital markets. Sovereign borrowers, excluding South Africa, issued $6 billion in 2014, equivalent to 29 percent of disbursements from official creditors and 25 percent of foreign direct investment inflows. The debut sovereign bonds issued by Ethiopia ($1 billion) and Kenya ($2 billion) were massively over-subscribed, and the same applied for countries returning to the market, such as Ghana and Zambia. Proceeds of sovereign bonds are used to benchmark for future government and corporate bond markets issues, to manage the public debt portfolio, and for infrastructure financing. In Ethiopia, the 10-year, 6.625 percent Eurobond issued in December, 2014, is earmarked for development of sugarcane plantations, a hydropower dam, and amelioration and extension of the railway network.
6
4
2
0 2007
2008
2009
2010
2011
Source: World Bank Debtor Reporting System.
2012
2013
2014
Quarterly External Debt External debt stocks in high-income countries fell slightly in 2014 Figure O.31 High-Income Countries, External Debt Stock by sector, 2013 and 2014
US$ (trillions)
25 20 15 10 5 0 General government
Central bank
Deposittaking corporations, (except the central bank)
Other sectors
Direct investment: intercompany lending
After five consecutive years of growth, the external debt stock of high-income countries reporting to the QEDS saw a marginal, 2 percent, decline in 2014 to $70.0 trillion at year-end. This was largely the result of a contraction in the external debt of the private sector, specifically a $1.1 trillion (5 percent) reduction in the external debt liabilities of commercial banks. The combined external debt stock of general governments, $15.9 trillion at end 2014, was largely unchanged from its year-end 2013 level, while obligations in respect of debt securities rose slightly, to $30.1 trillion. Although some countries, notably Australia, Belgium, Italy, Spain, and the United States, saw external obligations of the general government, measured in U.S. dollars, rise in 2014, this increase was offset by a reduction in comparable external debt stock in most European countries.
2014
2013
Source: World Bank Quarterly External Debt Statistics.
G-7 countries record divergent external debt trends in 2014 Table O.1 High-Income Countries, External Debt Stock, 2010–14 US$ trillions 2010
Gross External Debt
2011
2012
2013
2014
64.045 66.985 69.657 71.437
69.987
40.455 42.612 43.941 44.280
44.247
Other high-income countries 23.590 24.373 25.716 27.157
25.740
of which, G7 Countries
Source: World Bank Debtor Reporting System.
The combined external debt stock of the Group of Seven (G7) countries stood at $44.2 trillion at end 2014, virtually unchanged from 2013, and equivalent to 63 percent of the external debt stock of all high-income countries reporting to QEDS. The aggregate masks disparate trends at the individual country level. Both Canada and the United States recorded an increase in external debt stock in 2014, 7 percent and 5 percent, respectively. In contrast, the other five countries in the group all saw external debt stock decline over the same period, with the most pronounced reduction recorded by Germany and Italy: both saw outstanding external debt fall 7 percent in 2014. In high-income countries, other than those in the G7, external debt stocks fell 5 percent in 2014, in U.S. dollar terms. Here again trends were divergent, but the key countries to reduce external debt in 2014 were Ireland, Luxembourg, Netherlands, the Russian Federation, and Spain. Taken together, they accounted for about 70 percent of the decline in external debt in non-G7 countries.
External debt-to-GDP ratios post a moderate improvement in 2014 Figure O.32 G7 Countries, External Debt to GDP Ratio, 2010–14 400 350
Percent
300 250 200 150 100 50 0 2010
2011
2012
2013
United Kingdom
France
Germany
United States
Canada
Japan
2014 Italy
High-income countries reported a slight improvement in the external debt-toGDP ratio in 2014, to 140 percent, from 145 percent in 2013. This resulted from the combined effect of growth in output and a reduction in external debt stock in many high-income countries. Among G-7 countries, Canada recorded the largest increase in the external debt-to-GDP ratio: it deteriorated from 76 percent in 2013 to 83 percent in 2014, while in Japan and in the United States, the ratio was broadly unchanged, 59 percent and 99 percent, respectively. The other countries in the group all saw the ratio improving in 2014. The reduction was most pronounced in Germany, where GDP growth and prudent fiscal policies served to bring the debt-to-GDP ratio down to 145 percent, from 161 percent at end 2013. The United Kingdom has by far the highest external debt-to-GDP ratio among G-7 countries, but there too the debt-to-GDP ratio stayed on its downward trajectory to 313 percent at end 2014.
Source: World Bank Quarterly External Debt Statistics.
14
Public Sector Debt Government debt-to-GDP ratios in EU-15 countries continued to rise in 2014 Figure O.33 Select EU-15 countries: Government Debt-to-GDP Ratio, 2010 and 2013–14 200 180 160 140 Percent
Government debt levels in the EU-15 countries, measured in U.S. dollars, fell by an average of 7 percent in 2014, to $12.8 trillion ($13.6 trillion in 2013), but this decline was in part attributable to Euro–U.S. dollar exchange rate movements. While many countries in this group have reduced government debt in relation to GDP, for others it continued to rise. For EU-15 countries as a whole, the government debt-to-GDP ratio averaged 84.4 percent in 2014, as compared to 83.2 percent in 2013. Greece remains the most indebted country in the group. Despite concerted efforts by the authorities to tighten fiscal policies and implement structural economic reforms in 2014, the government debt-to-GDP ratio increased by a further 3 percentage points, to 181.4 percent, its highest level to date. Portugal and Italy had the second and third highest debt-to-GDP ratios among the EU-15 countries; 138 percent and 127 percent, respectively, at end 2014. In Ireland, the debt-to-GDP ratio fell by 10 percentage points in 2014 to 114 percent.
120 100 80 60 40 20 0 Greece
Portugal 2010
Italy 2013
Ireland
2014
Source: World Bank Public Sector Debt Database.
Japan has by far the highest government debt-to-GDP ratio of OECD countries Figure O.34 OECD Countries: Government Debt-to-GDP Ratio, 2014 250 200 Percent
150 100 50 0 Ja p Gre a n Por ece tuga l I ta ly I rela n Unit I cela d Unit ed S nd ed K ta te ingd s Belg om iu S m Fr pa in Slo a nce v Hun enia ga r Ne Aus y OEC w Zea tria D c la nd oun tries Slo Nethe I s ra el va k rla n Rep ds ubli Finla c Po nd Cze Germla nd ch R a n epu y Swebli c Ca n den Den a da Ausma rk tra Tur li a key Swit Mexic z Lux erla n o emb d o Nor urg wa y Chil Es to e nia
Since the 2008 global financial crisis, government debt levels in many OECD countries have remained on a rising trajectory, despite concerted efforts at fiscal consolidation. However, government debt burdens vary significantly as evidenced by the debt-to-GDP ratio that ranged, in 2014, from as low as 7 percent for Estonia to as high as 206 percent for Japan, which relies primarily on the domestic bond market to raise the funds needed to finance the continuously rising costs of supporting its aging population. OECD countries outside the Euro Zone, with the second and third highest debt-to-GDP ratio, were the United States and the United Kingdom, 97 percent and 94 percent, respectively, at the end of 2014. Although ratios for the United Kingdom and the United States are similar, their debt profiles differ. Virtually all government debt of the United Kingdom is financed by the domestic creditors, whereas over one-third of government debt in the United States is owed to external creditors.
Source: World Bank Public Sector Debt Database.
Emerging market countries government debt levels and composition vary widely
15
Figure O.35 Government Debt-to-GDP Ratio for Select Emerging Markets, 2010 and 2014 80 70 60 Percent
In the aftermath of the 2008 global economic crisis, government debt, in relation to GDP, has been on a rising trend in some emerging market countries. In Brazil and Mexico, government debt-to-GDP ratios increased from 47.8 percent and 27.1 percent, respectively, in 2009 to 54.4 percent and 33.2 percent, respectively, in 2014. However, the composition of government debt in these countries is dissimilar. In Brazil, domestic debt constitutes around 97 percent of total government debt, and virtually all government bond issuance is in the domestic market. For Mexico, two-thirds of the government debt, is owed to external creditors with around 88 percent financed by government bonds. In contrast, China and India have seen the central government debt-to-GDP ratio improve in response to fiscal consolidation policies. At the end of 2014, it stood at 15.1 percent in China and 65.8 percent in India, as compared to 16.8 percent and 72.5 percent, respectively, in 2010.
50 40 30 20 10 0 India
Brazil 2010
Mexico 2014
Source: World Bank Public Sector Debt Database.
China
part II Aggregate and Country Tables
17
!,, ,/7 !.$ -)$$,% ).#/-% #/5.42)%3 (US$ billion, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
1,743.3 1,461.3 1,053.4 648.4 53.4 405.0 224.2 407.9 81.0 228.6 27.2
2,090.8 1,623.0 1,115.6 651.5 50.9 464.0 312.3 507.5 115.1 416.8 17.7
3,174.9 2,346.7 1,268.1 736.7 128.9 531.4 386.6 1,078.6 187.6 699.2 15.3
3,630.8 2,538.1 1,359.4 790.6 138.7 568.8 418.6 1,178.8 231.1 954.0 16.0
4,078.6 2,814.4 1,428.1 823.7 138.7 604.5 461.6 1,386.3 255.7 1,125.5 12.4
4,564.2 3,169.9 1,644.3 844.6 130.4 799.7 627.6 1,525.6 287.8 1,264.0 14.5
5,056.1 3,493.1 1,788.7 869.8 112.6 918.8 701.3 1,704.4 352.6 1,450.4 13.2
5,391.5 3,770.6 1,942.9 869.2 97.0 1,073.7 807.4 1,827.7 395.1 1,523.8 14.9
Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds
199.2 117.7 48.2 69.5 42.0 81.5 10.7
304.5 125.4 43.9 81.5 56.8 179.1 33.6
433.1 179.5 95.7 83.8 60.7 253.6 35.6
565.4 235.7 107.0 128.7 90.1 329.7 68.0
621.2 191.6 87.3 104.3 76.7 429.5 86.7
674.8 256.2 86.1 170.0 128.6 418.6 92.8
805.0 291.4 103.6 187.8 109.7 513.6 128.4
846.5 326.4 101.2 225.2 145.7 520.1 96.2
Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds
178.8 92.1 43.1 49.0 16.5 86.8 13.2
236.9 116.3 48.2 68.2 39.4 120.6 15.6
303.3 96.6 42.8 53.9 25.5 206.7 14.4
324.1 96.1 44.0 52.2 26.5 227.9 15.3
349.3 110.0 55.2 54.8 24.8 239.3 19.1
354.9 93.8 50.0 43.9 17.4 261.0 24.6
411.6 112.3 58.2 54.1 23.3 299.2 32.4
452.9 113.9 56.1 57.8 29.6 339.0 36.5
Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds
75.1 50.0 22.4 27.6 16.0 25.1 6.4
69.3 51.2 20.3 30.9 25.1 18.0 6.3
85.9 44.3 15.7 28.6 23.4 41.6 10.2
84.4 43.4 14.6 28.8 24.6 41.0 11.5
103.1 47.5 15.4 32.1 27.8 55.5 16.8
118.9 72.0 17.1 54.9 50.2 46.9 12.4
112.6 55.8 16.2 39.6 34.5 56.8 18.1
122.2 58.5 15.9 42.6 36.6 63.8 23.3
144.8 2.2 -2.7 7.4 -7.9 4.9 15.2 23.0 -7.8 -10.3 142.6 124.7 17.9
400.7 97.7 -37.3 4.1 -33.0 135.0 71.9 35.3 36.5 63.1 303.0 237.9 65.1
674.6 213.9 79.4 18.1 26.4 134.5 76.8 56.4 20.4 57.8 460.7 348.6 112.0
1,105.2 508.7 76.4 22.9 13.4 432.3 178.3 116.4 61.9 254.0 596.4 472.5 124.0
1,020.6 447.5 32.6 6.8 0.5 414.9 239.8 119.5 120.2 175.1 573.1 569.4 3.7
1,054.8 447.9 27.7 12.5 -8.4 420.1 283.7 179.4 104.3 136.4 607.0 514.5 92.5
1,190.4 563.5 27.6 14.0 -17.7 535.8 348.0 182.4 165.6 187.8 626.9 554.6 72.3
1,132.3 463.9 43.8 17.3 -1.3 420.1 348.5 175.8 172.7 71.6 668.4 575.7 92.7
5,033.0 1,423.4 1,517.6 59.7 76.2 529.8
8,266.7 2,720.3 2,789.0 162.0 176.3 1,667.7
14,376.7 4,009.9 4,122.6 287.7 280.5 4,165.5
17,607.7 5,033.2 5,271.3 401.6 312.5 4,843.3
20,612.5 6,083.5 6,485.6 483.7 348.5 5,325.1
21,799.7 6,430.2 6,810.3 454.0 372.1 5,586.6
23,169.9 6,642.2 7,140.4 486.6 383.4 6,109.9
24,271.5 6,813.5 7,278.2 190.4 421.8 6,120.1
122.5 34.6 20.0 13.1 17.0 30.4
76.9 25.3 13.3 19.9 16.5 79.8
79.2 22.1 10.1 22.0 13.1 131.2
72.1 20.6 9.0 26.3 12.7 133.4
67.0 19.8 8.2 27.6 11.8 130.6
71.0 20.9 8.3 27.7 11.0 122.4
76.1 21.8 8.5 28.7 10.5 120.8
79.1 22.2 8.9 28.3 9.9 113.5
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
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 (%)
19
EAST ASIA AND PACIFIC (US$ billion, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
497.4 418.2 271.0 171.5 17.8 99.5 35.8 147.2 36.7 61.4 5.3
641.5 432.7 277.3 173.0 10.0 104.4 64.9 155.4 36.2 198.9 1.1
938.7 565.2 344.7 203.7 20.8 140.9 104.9 220.5 41.0 352.7 1.3
1,105.7 582.9 338.0 211.8 20.5 126.2 87.9 244.9 49.4 502.3 1.4
1,314.8 642.6 338.0 216.9 20.4 121.1 92.4 304.6 65.1 651.8 1.4
1,514.4 759.6 405.7 211.4 20.3 194.3 171.0 353.8 88.0 734.5 1.2
1,684.5 798.3 416.5 198.2 20.3 218.4 187.9 381.8 109.0 865.9 1.1
1,816.6 871.6 431.9 191.5 19.0 240.3 203.0 439.7 141.8 926.0 0.9
Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds
42.2 28.7 15.6 13.1 4.5 13.4 3.2
78.3 29.0 9.1 19.9 14.5 49.3 7.8
96.2 44.2 16.8 27.4 19.2 51.9 5.9
128.4 51.7 17.0 34.6 20.7 76.7 15.7
144.8 38.3 15.1 23.2 20.0 106.5 23.3
173.3 55.0 16.6 38.5 36.3 118.2 30.1
173.8 49.8 15.9 33.8 22.1 124.0 42.2
200.0 55.0 17.9 37.2 24.9 145.0 41.1
Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds
47.0 22.8 10.2 12.5 1.2 24.2 6.6
66.9 24.4 10.8 13.6 4.3 42.5 4.3
80.3 25.5 12.9 12.6 5.3 54.8 3.9
74.7 25.1 12.9 12.2 5.1 49.7 2.7
85.8 29.7 15.0 14.7 5.7 56.1 4.1
90.8 23.8 14.7 9.1 1.6 67.0 3.0
94.1 20.7 15.8 4.9 0.4 73.4 9.2
114.8 30.1 14.1 16.0 11.2 84.7 8.5
Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds
20.4 12.9 7.2 5.7 2.3 7.5 2.6
12.6 8.5 4.0 4.5 3.1 4.1 1.6
14.1 9.4 4.0 5.4 4.4 4.7 1.7
17.1 9.6 3.7 5.9 4.9 7.5 1.7
19.7 10.3 3.9 6.4 5.4 9.4 4.1
18.4 11.3 4.7 6.6 5.7 7.1 3.5
21.3 11.0 3.9 7.1 6.5 10.3 5.2
25.2 11.1 3.6 7.5 7.0 14.1 7.2
37.3 -14.4 6.6 1.8 1.2 -21.0 -10.2 0.0 -10.2 -10.8 51.8 45.2 6.6
189.2 46.7 -3.2 -0.6 -1.6 50.0 13.1 13.7 -0.7 36.9 142.4 117.6 24.9
290.4 88.8 4.1 2.2 0.1 84.7 11.9 15.8 -3.9 72.8 201.6 170.0 31.6
528.4 203.1 4.2 2.7 0.0 198.9 49.5 28.7 20.8 149.5 325.4 284.7 40.7
541.5 208.4 0.0 0.9 0.0 208.4 58.9 33.5 25.3 149.5 333.0 325.9 7.1
495.1 165.3 1.8 1.4 -0.1 163.5 80.6 61.8 18.8 82.9 329.8 294.5 35.3
564.8 211.1 0.0 2.4 -0.1 211.1 79.6 54.7 24.8 131.5 353.7 325.0 28.8
545.3 145.4 3.7 1.7 -0.1 141.7 81.4 46.3 35.2 60.3 399.9 349.4 50.5
1,695.8 636.1 606.3 31.7 15.8 275.5
3,049.0 1,296.8 1,195.1 80.0 34.3 1,003.8
6,407.9 2,014.7 1,767.1 144.5 60.4 2,779.4
7,741.3 2,603.0 2,393.1 212.6 75.8 3,315.6
9,389.7 3,106.4 2,988.1 261.1 85.9 3,708.8
10,526.2 3,368.5 3,196.6 240.1 88.4 3,871.9
11,568.2 3,580.2 3,441.3 278.8 92.4 4,344.3
12,434.8 3,755.1 3,575.0 51.0 121.6 4,352.2
78.2 29.3 11.4 12.4 13.2 55.4
49.5 21.0 6.6 31.0 10.0 156.5
46.6 14.6 4.9 37.6 8.6 296.1
42.5 14.3 4.7 45.4 7.8 299.9
42.3 14.0 4.4 49.6 6.8 282.1
45.0 14.4 4.3 48.5 6.0 255.7
47.0 14.6 3.3 51.4 5.5 257.9
48.4 14.6 3.8 51.0 5.1 239.6
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
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 (%)
20
EUROPE AND CENTRAL ASIA (US$ billion, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
203.3 148.2 104.1 43.0 15.2 61.1 29.6 44.1 1.9 39.9 4.0
357.9 253.0 118.3 50.6 24.6 67.7 35.3 134.7 12.7 80.3 0.9
777.7 600.0 171.5 86.0 45.3 85.5 52.7 428.5 34.1 132.5 1.5
837.1 614.8 192.7 100.3 53.5 92.4 61.2 422.1 32.9 168.7 2.2
873.9 640.8 208.2 108.6 52.4 99.6 70.4 432.6 28.1 180.6 0.6
926.4 683.3 230.3 112.6 44.3 117.7 89.0 453.0 33.5 198.7 2.4
1,030.6 770.4 260.6 120.7 28.5 139.9 113.7 509.7 49.7 231.7 0.9
1,024.0 790.5 272.1 121.7 17.9 150.4 129.5 518.4 53.5 215.6 3.2
Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds
34.1 19.6 5.9 13.7 7.5 14.5 0.5
90.8 14.5 4.7 9.8 6.8 76.3 6.9
140.4 27.6 21.2 6.4 4.0 112.8 1.0
166.3 38.2 21.2 17.0 13.6 128.1 4.5
167.1 33.1 17.0 16.1 12.3 134.0 4.5
161.2 38.1 12.0 26.2 22.7 123.0 8.7
215.8 49.4 16.9 32.5 28.6 166.4 20.8
176.1 44.5 18.3 26.2 23.9 131.5 15.7
Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds
21.9 10.3 4.4 5.9 1.9 11.6 0.1
51.5 15.0 4.9 10.2 6.4 36.4 1.2
113.3 12.3 4.6 7.7 3.6 101.1 3.5
132.2 11.9 4.9 7.0 3.9 120.3 3.4
121.1 13.3 7.3 6.0 2.3 107.8 5.5
117.6 15.6 8.4 7.2 3.5 102.0 4.6
141.2 18.9 9.7 9.2 4.2 122.3 6.2
115.1 15.9 7.8 8.1 3.9 99.2 4.6
Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds
8.0 5.5 1.7 3.8 2.1 2.4 0.1
11.5 6.7 1.7 5.0 3.3 4.8 1.0
25.7 7.5 2.2 5.3 3.8 18.3 2.5
21.6 6.9 1.9 5.0 3.8 14.7 2.2
29.2 7.9 2.4 5.5 4.4 21.3 2.2
22.3 8.7 2.6 6.2 5.0 13.6 1.8
24.4 9.2 2.3 6.9 5.9 15.2 2.1
25.2 10.3 2.5 7.7 6.9 15.0 3.1
28.1 21.1 3.9 1.7 2.4 17.2 10.7 5.9 4.7 6.6 7.0 6.3 0.7
90.7 52.5 -6.6 0.0 -6.4 59.0 39.5 6.1 33.4 19.6 38.3 31.6 6.6
72.3 32.6 36.8 3.4 20.2 -4.2 10.5 -2.2 12.7 -14.7 39.7 36.6 3.0
119.6 78.6 25.4 3.9 9.0 53.2 17.7 10.7 7.0 35.5 41.0 37.1 4.0
109.7 58.5 8.7 2.9 -1.0 49.8 36.3 9.0 27.2 13.6 51.2 51.7 -0.5
100.1 51.8 -4.4 2.0 -8.0 56.2 39.9 23.2 16.7 16.3 48.3 41.5 6.9
135.3 93.3 -8.6 2.1 -15.8 101.9 67.4 39.0 28.4 34.5 41.9 38.8 3.1
84.4 41.1 9.1 3.0 -1.4 32.0 50.5 31.1 19.4 -18.5 43.2 40.4 2.8
425.4 130.2 154.6 2.0 7.9 35.0
881.7 290.5 345.7 12.3 17.8 119.4
1,301.2 432.5 491.9 26.0 33.2 217.6
1,485.0 503.5 583.5 32.9 33.7 238.6
1,655.1 636.0 741.3 45.6 39.6 242.0
1,692.9 665.3 753.0 45.2 43.0 255.2
1,821.0 676.5 781.1 48.1 47.4 268.3
1,766.3 670.9 735.9 17.9 43.5 242.2
156.2 47.8 26.6 19.6 10.5 17.2
123.2 40.6 26.2 22.4 8.8 33.4
179.8 59.8 33.2 17.0 7.6 28.0
166.3 56.4 32.0 20.2 8.6 28.5
137.4 52.8 25.0 20.7 9.0 27.7
139.2 54.7 23.2 21.5 9.1 27.5
152.3 56.6 27.9 22.5 9.1 26.0
152.6 58.0 22.8 21.1 9.0 23.6
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
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 (%)
21
LATIN AMERICA AND 4(% CARIBBEAN (US$ billion, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
524.4 453.5 270.1 108.8 5.0 161.3 131.4 183.4 38.7 65.9 1.6
517.4 448.9 314.0 105.8 3.0 208.2 172.0 135.0 55.5 65.5 1.1
677.2 576.5 322.1 117.9 15.8 204.2 169.9 254.4 87.0 85.0 0.8
827.2 675.4 366.3 137.8 16.6 228.5 190.0 309.1 126.0 135.2 0.8
948.5 805.6 389.3 139.3 16.8 249.9 210.0 416.4 137.7 126.1 0.8
1,068.7 910.9 452.7 149.0 16.7 303.6 249.0 458.3 142.4 141.1 0.8
1,204.6 1,030.1 512.8 154.2 16.5 358.5 273.2 517.4 170.5 158.0 0.8
1,346.8 1,148.4 588.8 160.3 14.9 428.4 305.4 559.6 176.9 183.5 0.8
Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds
89.3 40.5 13.0 27.5 21.6 48.8 6.2
81.1 45.4 10.9 34.4 29.0 35.7 14.8
126.4 60.2 25.4 34.8 30.2 66.2 25.9
175.3 79.9 30.8 49.1 36.3 95.4 45.4
205.2 61.4 18.1 43.3 32.9 143.8 53.8
219.2 90.1 19.9 70.1 48.6 129.1 49.7
253.1 104.4 20.3 84.1 38.4 148.6 59.3
241.6 105.8 18.4 87.4 48.0 135.8 34.6
Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds
81.7 33.1 14.0 19.1 12.0 48.6 6.5
70.4 37.3 13.6 23.7 17.1 33.1 9.7
71.1 30.7 10.9 19.8 12.1 40.4 5.2
71.2 33.1 11.2 21.9 14.6 38.1 5.6
88.5 36.6 15.5 21.1 11.9 51.9 6.6
93.2 25.1 9.8 15.3 7.5 68.1 11.8
109.1 38.0 13.5 24.5 10.4 71.0 13.9
98.8 24.7 9.7 15.1 9.5 74.0 19.0
Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds
33.2 19.5 6.3 13.3 10.4 13.7 3.3
27.4 20.2 4.4 15.8 14.5 7.2 3.3
31.4 17.7 3.9 13.8 12.2 13.7 5.3
31.2 17.2 3.7 13.5 12.3 14.1 6.6
37.4 19.0 3.9 15.2 13.9 18.3 9.0
58.1 40.1 4.0 36.2 34.7 18.0 5.8
45.2 22.9 4.1 18.8 16.8 22.2 9.6
46.7 23.5 3.8 19.7 17.0 23.2 11.5
54.4 -8.0 -12.0 1.6 -11.0 4.0 8.5 9.4 -0.8 -4.5 62.4 58.7 3.7
49.0 -12.2 -26.5 0.0 -23.8 14.3 13.4 16.9 -3.5 0.9 61.2 50.5 10.7
151.9 52.6 14.9 6.0 0.4 37.7 40.8 38.8 2.0 -3.1 99.3 58.0 41.3
279.2 155.8 20.9 8.3 1.3 134.9 84.6 61.5 23.2 50.3 123.4 83.9 39.4
213.6 107.7 2.9 -3.1 0.2 104.9 114.1 68.1 45.9 -9.2 105.8 102.8 3.0
265.1 140.9 10.0 3.5 -0.1 130.9 115.8 79.1 36.7 15.0 124.2 105.6 18.6
287.7 160.7 6.6 2.7 -0.2 154.1 137.2 73.4 63.8 16.9 127.0 113.8 13.2
299.1 167.8 8.1 3.1 -0.6 159.6 134.1 54.1 80.0 25.5 131.3 110.8 20.5
1,582.7 337.2 407.3 15.6 20.0 97.7
2,118.3 487.7 540.5 33.8 48.2 176.9
3,104.3 610.8 710.1 53.3 54.3 434.6
3,966.4 770.7 907.2 66.1 55.4 521.2
4,574.1 941.1 1,101.2 82.3 58.7 618.9
4,478.0 970.9 1,136.4 79.6 59.5 678.3
4,569.8 980.7 1,193.0 91.6 60.5 695.8
4,571.1 982.0 1,221.5 74.0 63.4 720.6
155.5 33.1 39.2 12.6 13.4 18.6
106.1 24.4 26.2 12.7 15.6 34.2
110.9 21.8 17.1 12.5 13.5 64.2
107.3 20.9 13.8 16.3 12.9 63.0
100.8 20.7 13.8 13.3 11.1 65.3
110.1 23.9 16.1 13.2 10.5 63.5
122.8 26.4 16.4 13.1 9.6 57.8
137.2 29.5 15.6 13.6 8.9 53.5
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
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 (%)
22
MIDDLE EAST AND NORTH AFRICA (US$ billion, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
143.7 116.3 112.3 88.1 3.5 24.3 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
160.6 119.5 112.6 78.3 8.3 34.3 23.5 6.9 0.7 32.8 0.3
167.9 121.8 114.0 78.1 8.3 35.9 26.6 7.8 0.5 37.8 0.3
165.7 120.5 112.5 78.5 8.2 34.0 25.9 8.0 0.5 36.9 0.4
172.5 130.4 121.3 82.4 8.6 38.8 31.5 9.1 0.7 33.5 0.5
188.9 146.5 136.6 90.2 9.5 46.3 39.1 9.9 0.7 33.0 0.6
187.9 141.3 131.8 84.9 10.2 46.9 39.8 9.5 0.7 36.4 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
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
27.2 23.8 13.8 10.0 9.5 3.5 0.0
17.0 14.5 7.9 6.6 4.9 2.4 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
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
13.7 11.6 7.1 4.5 3.8 2.0 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
4.4 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
4.2 4.0 1.9 2.0 1.8 0.2 0.0
4.0 3.7 1.9 1.9 1.7 0.2 0.0
4.2 4.0 1.8 2.1 1.9 0.3 0.0
4.2 4.1 1.7 2.4 2.2 0.1 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
13.4 0.5 -3.1 0.0 -0.7 3.7 3.1 2.5 0.6 0.6 12.9 10.5 2.4
25.5 3.4 2.5 0.9 -0.1 1.0 -2.1 0.1 -2.2 3.1 22.0 20.8 1.2
27.1 7.6 1.3 0.8 0.0 6.3 1.4 3.2 -1.8 4.9 19.5 17.5 2.0
13.9 -1.3 1.0 0.9 -0.1 -2.3 -1.5 -0.6 -0.8 -0.9 15.2 15.9 -0.6
21.1 7.1 4.7 0.8 0.5 2.4 6.0 5.8 0.1 -3.6 14.0 15.3 -1.3
29.7 15.7 8.3 1.1 0.9 7.4 8.0 7.8 0.2 -0.6 14.0 14.3 -0.3
21.5 8.1 2.4 0.9 1.5 5.7 2.5 1.1 1.3 3.3 13.3 12.8 0.6
364.8 119.3 110.5 1.7 10.5 44.0
543.9 206.9 206.7 10.7 21.7 138.2
917.8 314.7 341.3 14.0 30.2 280.5
1,073.0 328.8 362.2 17.5 35.9 298.5
1,306.5 382.7 400.9 18.1 36.8 274.6
1,325.9 412.6 419.1 19.0 43.2 279.2
1,289.6 346.7 404.9 20.0 43.4 289.7
1,228.6 339.1 408.6 7.5 48.4 273.6
120.5 39.4 14.2 16.6 16.0 30.6
72.8 27.7 10.2 17.8 17.3 91.8
51.0 17.5 5.8 20.4 21.8 174.6
51.1 15.6 5.2 22.5 21.6 177.7
43.3 12.7 4.9 22.3 23.1 165.8
41.8 13.0 4.0 19.4 23.8 161.9
54.5 14.7 4.9 17.5 23.6 153.3
55.4 15.3 5.5 19.3 22.7 145.6
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
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 (%)
23
SOUTH ASIA (US$ billion, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
162.4 153.1 134.6 101.9 3.2 32.7 10.9 18.5 1.6 6.1 0.1
189.9 174.6 116.6 109.8 3.7 6.8 2.5 58.0 6.5 11.6 0.0
364.8 292.3 169.7 146.0 18.7 23.7 12.7 122.6 16.2 53.8 0.0
411.3 324.5 190.1 157.4 20.3 32.7 18.3 134.3 13.5 66.5 0.1
463.9 355.3 203.9 166.0 20.3 37.9 21.1 151.4 11.1 88.4 0.2
530.2 405.3 234.4 170.8 18.8 63.6 29.1 170.9 8.1 106.2 0.2
572.6 447.4 239.8 173.0 16.0 66.8 28.2 207.6 8.4 109.2 0.1
613.4 495.4 274.0 167.3 14.6 106.7 61.9 221.4 7.0 103.4 0.3
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
24.5 11.0 7.4 3.6 2.3 13.5 3.5
35.3 17.9 12.8 5.1 2.3 17.4 2.5
54.7 31.9 14.9 17.0 12.1 22.8 1.3
52.1 21.8 13.7 8.1 3.0 30.3 0.7
63.1 28.4 12.6 15.8 8.5 34.6 0.7
85.6 26.5 16.1 10.4 3.3 59.1 1.3
148.0 63.3 15.9 47.4 33.9 84.7 1.0
Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds
9.0 8.3 5.1 3.3 0.1 0.7 0.0
21.8 14.5 4.5 10.0 8.6 7.3 0.1
15.1 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
25.4 10.1 6.9 3.2 0.5 15.3 3.7
34.7 14.8 7.9 6.9 4.2 19.9 1.1
86.5 18.7 11.6 7.2 0.2 67.7 2.3
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 4.0 1.9 2.0 1.8 1.3 0.2
6.5 2.7 2.1 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 3.3 2.5 0.8 0.4 6.5 0.5
10.6 3.1 2.2 1.0 0.5 7.5 0.5
13.2 3.7 2.1 1.6 0.7 9.4 0.4
10.6 3.8 0.8 1.0 -0.3 3.0 3.9 5.4 -1.5 -0.9 6.9 4.4 2.5
27.4 4.3 2.9 2.3 0.0 1.4 -0.3 -2.8 2.6 1.7 23.1 10.7 12.4
89.3 27.4 10.9 2.4 3.6 16.4 12.7 1.9 10.9 3.7 61.9 37.8 24.2
106.2 45.6 10.8 3.3 2.0 34.8 22.1 10.1 12.0 12.7 60.6 30.8 29.8
81.3 47.8 6.6 2.0 0.0 41.2 19.5 0.7 18.8 21.7 33.5 37.8 -4.3
103.2 53.9 4.1 0.9 -1.5 49.8 32.0 5.0 27.0 17.8 49.3 25.9 23.3
102.3 51.3 5.5 0.7 -2.8 45.9 42.7 -0.6 43.3 3.2 50.9 30.4 20.5
104.4 55.0 3.8 2.4 -0.5 51.2 57.2 32.4 24.8 -6.0 49.4 35.7 13.7
624.7 88.8 117.6 0.7 17.2 43.3
1,053.0 202.2 260.5 8.0 34.2 149.5
1,710.8 330.1 440.6 16.4 75.1 298.8
2,083.9 429.3 577.9 25.8 82.4 315.4
2,281.4 538.4 715.6 27.9 96.5 310.6
2,293.0 535.7 752.9 21.1 108.1 310.8
2,354.5 565.6 741.4 18.7 111.0 318.9
2,605.6 588.4 754.2 24.3 115.9 358.9
183.0 26.0 17.2 3.7 37.6 26.7
93.9 18.0 13.8 6.1 36.6 78.7
110.5 21.3 6.9 14.8 26.0 81.9
95.8 19.7 7.3 16.2 24.7 76.7
86.2 20.3 6.6 19.0 23.0 67.0
99.0 23.1 7.4 20.0 20.5 58.6
101.2 24.3 9.0 19.1 19.1 55.7
104.2 23.5 17.5 16.9 17.7 58.5
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
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 (%)
24
SUB-SAHARAN AFRICA (US$ billion, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
212.1 172.0 161.3 135.2 8.7 26.1 9.1 10.7 1.4 31.4 13.5
233.4 191.6 174.0 134.7 8.1 39.3 16.0 17.6 3.2 33.7 14.2
255.7 193.3 147.6 104.9 20.0 42.7 22.9 45.8 8.5 42.4 11.4
281.6 218.7 158.2 105.2 19.5 53.1 34.7 60.5 8.8 43.4 11.2
311.9 249.5 176.2 114.3 20.7 61.9 41.7 73.3 13.1 41.6 9.0
352.0 280.4 199.9 118.3 21.6 81.6 58.0 80.5 15.0 50.0 9.4
375.0 300.4 222.4 133.5 21.9 88.9 59.1 78.0 14.4 52.6 9.8
402.8 323.5 244.4 143.4 20.4 101.0 67.9 79.0 15.2 59.0 9.1
Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds
10.4 7.5 4.1 3.4 0.8 2.9 0.7
15.0 12.7 6.3 6.4 0.0 2.4 0.0
21.2 17.5 11.3 6.2 2.2 3.7 0.2
25.8 20.5 15.8 4.8 2.0 5.3 1.1
38.5 25.0 15.9 9.1 4.5 13.5 4.4
36.3 25.6 14.7 10.9 4.3 10.7 3.2
49.5 37.5 20.5 17.0 7.9 12.0 4.8
63.9 43.2 22.8 20.4 10.1 20.7 3.8
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
10.2 8.5 3.3 5.2 0.3 1.7 0.0
10.1 6.9 3.0 3.9 0.0 3.2 0.8
13.9 7.6 3.8 3.9 0.1 6.3 0.0
16.3 9.6 4.0 5.7 1.8 6.6 1.3
20.6 10.8 4.9 6.0 2.4 9.7 2.1
24.1 12.9 5.9 7.0 1.1 11.3 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
3.8 3.0 1.5 1.5 1.1 0.8 0.4
3.8 3.0 1.1 1.9 1.7 0.8 0.5
4.8 3.6 1.2 2.4 2.1 1.2 0.7
6.3 4.8 1.6 3.2 2.7 1.5 0.8
6.8 5.5 1.9 3.6 2.8 1.3 0.7
7.7 5.8 2.2 3.6 2.8 1.9 1.1
9.6 -1.0 0.8 1.5 0.1 -1.8 1.2 1.0 0.2 -2.9 10.6 6.4 4.2
31.0 5.9 -0.7 2.4 -0.4 6.6 3.1 -1.1 4.2 3.5 25.1 17.0 8.2
45.2 9.1 10.2 3.1 2.2 -1.1 3.0 2.1 0.9 -4.1 36.1 25.4 10.8
44.7 18.1 13.9 4.0 1.2 4.2 2.9 2.3 0.7 1.2 26.6 18.4 8.2
60.6 26.3 13.4 3.2 1.4 12.9 12.5 8.7 3.7 0.4 34.3 35.4 -1.1
70.2 28.8 11.5 3.9 0.9 17.3 9.3 4.4 4.9 7.9 41.3 31.7 9.6
70.6 31.3 15.9 5.0 0.2 15.5 13.3 8.1 5.1 2.2 39.3 32.3 7.0
77.7 46.5 16.7 6.2 -0.3 29.8 22.8 10.8 12.0 7.1 31.2 26.6 4.5
338.8 114.3 118.2 8.0 4.8 34.2
620.7 238.7 241.6 17.2 20.1 79.8
937.2 308.7 377.4 33.6 27.2 154.6
1,258.4 399.5 452.3 46.7 29.3 154.1
1,409.7 480.5 541.2 48.6 30.9 170.1
1,487.5 477.3 553.6 49.0 29.9 191.2
1,563.6 487.0 577.8 29.5 28.7 192.8
1,646.8 462.9 579.4 15.7 29.0 172.4
185.5 62.6 11.8 14.8 25.7 16.1
97.8 37.6 9.0 14.4 31.0 34.2
82.8 27.3 5.0 16.6 21.4 60.5
70.5 22.4 3.7 15.4 20.8 54.7
64.9 22.1 4.1 13.3 20.1 54.6
73.7 23.7 5.0 14.2 18.8 54.3
77.0 24.0 6.0 14.0 19.7 51.4
87.0 24.5 7.3 14.6 19.2 42.8
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
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 (%)
25
AFGHANISTAN (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
.. .. .. .. ..
.. .. .. .. ..
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
2,555 1,999 221 188 335
Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds
.. .. .. .. .. .. ..
.. .. .. .. .. .. ..
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 .. ..
1,999 1,999 1,999 0 0 .. ..
Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds
.. .. .. .. .. .. ..
.. .. .. .. .. .. ..
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 .. ..
32 32 32 0 0 .. ..
Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds
.. .. .. .. .. .. ..
.. .. .. .. .. .. ..
3 3 3 0 0 .. ..
1 1 1 0 0 .. ..
1 1 1 0 0 .. ..
1 1 1 0 0 .. ..
4 4 4 0 0 .. ..
8 8 8 0 0 .. ..
Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds
.. .. .. .. .. .. ..
.. .. .. .. .. .. ..
7 7 7 0 0 .. ..
7 7 7 0 0 .. ..
9 9 9 0 0 .. ..
8 8 8 0 0 .. ..
8 8 8 0 0 .. ..
9 9 9 0 0 .. ..
.. .. .. .. .. .. ..
.. .. .. .. .. .. ..
123 123 .. .. .. .. ..
119 84 35 .. .. .. 35
67 80 -13 .. .. .. -13
75 66 9 .. .. .. 9
7 19 -12 .. .. .. -12
18 4 14 .. .. .. 14
.. ..
.. ..
214 ..
76 0
91 0
94 2
60 0
54 ..
.. .. .. .. .. ..
.. .. .. .. .. ..
12,541 2,546 4,467 0 152 3,501
15,999 3,920 6,840 0 331 4,174
18,013 4,300 8,204 0 247 5,268
20,638 4,238 11,885 2 385 5,983
20,452 4,221 11,576 0 538 6,442
20,951 .. .. .. 636 6,681
.. .. .. ..
.. .. .. ..
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
61.0 12.6 0.6 250.0
.. 12.2 .. 261.5
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
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
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 (%) 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.
26
ALBANIA (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
1,122 937 37 3 148
2,101 1,788 155 1 158
4,310 3,485 681 0 144
5,201 4,328 743 0 129
6,228 5,019 1,092 0 117
7,157 5,580 1,470 0 107
8,430 6,701 1,632 0 97
8,000 6,376 1,474 0 151
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 ..
3,485 2,602 2,129 472 82 884 ..
4,328 3,043 2,171 872 477 1,285 ..
5,019 3,287 2,309 977 556 1,732 ..
5,580 3,552 2,538 1,015 567 2,027 ..
6,701 3,759 2,691 1,068 593 2,943 ..
6,376 3,671 2,749 922 522 2,705 ..
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 ..
457 291 256 34 0 167 ..
820 631 198 433 398 189 ..
755 418 274 144 101 336 ..
683 336 315 21 0 347 ..
749 258 249 9 0 491 ..
733 448 433 15 0 285 ..
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 ..
112 80 78 2 0 32 ..
127 89 86 3 0 38 ..
143 102 99 3 0 41 ..
160 108 105 3 0 52 ..
200 125 122 2 0 75 ..
231 178 144 35 0 52 ..
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 ..
58 50 35 14 2 8 ..
47 39 31 7 1 8 ..
85 77 36 41 32 8 ..
84 74 37 37 30 9 ..
80 72 36 36 31 8 ..
93 79 44 35 30 14 ..
130 122 7 -1 -1 .. 8
605 83 522 368 -1 369 154
-134 168 -302 167 33 134 -469
744 99 644 582 431 151 63
948 163 785 437 141 295 349
891 200 691 313 18 295 378
701 116 585 423 7 416 162
406 352 54 213 -20 232 -158
143 ..
262 ..
1,038 -4
1,052 7
813 23
714 18
846 2
1,157 1
3,790 819 1,509 0 598 616
8,541 1,687 3,553 2 1,290 1,404
11,853 3,439 6,598 448 1,318 2,314
11,807 3,704 6,280 381 1,156 2,470
12,856 4,078 7,010 140 1,126 2,394
12,253 3,800 6,189 169 1,027 2,516
12,945 4,027 6,310 29 1,094 2,712
13,158 4,071 6,800 271 1,142 2,604
137.0 29.6 3.7 54.9
124.5 24.6 4.8 66.8
125.3 36.4 5.7 53.7
140.4 44.0 5.2 47.5
152.7 48.4 5.9 38.4
188.3 58.4 6.7 35.2
209.3 65.1 7.3 32.2
196.5 60.8 8.2 32.6
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
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 (%) Reserves to external debt stocks (%)
Notes: Long-term private nonguaranteed debt data for 2014 are World Bank staff estimates based on reports provided by the country.
27
ALGERIA (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
25,477 23,369 222 0 1,886
17,092 16,393 516 0 184
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
5,453 1,742 1,975 0 1,736
23,369 23,369 17,518 5,851 0 .. ..
16,393 15,527 12,500 3,027 0 866 ..
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 ..
1,742 1,112 882 230 0 630 ..
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 ..
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 .. ..
43 4 4 0 0 39 ..
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 ..
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 ..
234 210 137 72 0 24 ..
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 ..
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 ..
37 28 17 11 0 9 ..
-1,568 -349 -1,219 -1,246 -1,246 .. 27
-3,734 -3,180 -555 -640 -874 234 85
-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
456 -133 589 -58 -72 15 647
280 ..
1,156 ..
2,833 ..
2,315 ..
2,628 ..
1,565 ..
1,717 ..
1,488 ..
52,080 .. .. .. 790 12,024
98,611 50,268 31,155 5,485 170 56,303
135,997 52,892 55,112 5,891 150 149,041
160,996 65,259 55,615 4,858 197 162,614
197,183 80,950 65,957 6,313 203 182,822
202,016 79,280 70,150 7,453 215 191,297
206,268 71,788 73,703 8,001 210 194,712
209,782 66,710 79,430 .. 2,020 179,618
.. 48.9 .. 47.2
34.0 17.3 11.9 329.4
14.0 5.4 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
8.2 2.6 0.4 3,293.9
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
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 (%) Reserves to external debt stocks (%)
28
ANGOLA (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
9,763 8,085 1,323 874 356
12,224 9,518 2,316 577 390
17,014 13,635 2,593 85 787
16,949 15,466 181 68 1,302
19,298 17,525 168 62 1,606
21,106 19,203 164 58 1,740
25,004 23,349 176 70 1,479
28,450 27,373 162 58 914
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 .. ..
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 .. ..
19,203 19,203 9,615 9,588 1,000 .. ..
23,349 23,349 11,825 11,525 1,000 .. ..
27,373 27,373 13,727 13,646 1,000 .. ..
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 .. ..
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 .. ..
5,215 5,215 1,103 4,112 1,051 .. ..
7,825 7,825 3,612 4,213 0 .. ..
10,140 10,140 3,666 6,474 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 .. ..
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 .. ..
5,773 5,773 1,649 4,124 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 .. ..
392 392 143 250 0 .. ..
176 176 114 63 0 .. ..
154 154 79 75 0 .. ..
640 640 321 319 1 .. ..
919 919 414 505 47 .. ..
1,021 1,021 444 576 70 .. ..
-733 -234 -499 -251 -251 .. -248
2,603 -185 2,788 1,572 1,572 .. 1,216
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
1,791 70 1,722 1,722 1,722 .. 0
3,840 1,970 1,870 1,870 1,870 .. 0
3,865 1,516 2,349 2,351 2,351 .. -2
879 ..
1,140 ..
2,743 ..
3,326 ..
4,070 ..
4,357 ..
4,184 ..
-3,881 ..
7,449 8,222 7,454 929 .. 1,198
24,230 24,312 19,201 3,406 .. 3,197
68,299 41,582 48,784 6,130 0 13,664
73,946 51,586 43,642 7,526 18 19,749
93,056 68,252 53,805 9,040 0 28,786
103,175 72,133 56,518 9,722 0 33,415
112,275 70,381 59,909 9,331 0 32,780
118,860 68,014 60,750 .. 0 28,130
118.7 131.1 20.9 12.3
50.3 50.5 10.8 26.2
40.9 24.9 8.5 80.3
32.9 22.9 4.5 116.5
28.3 20.7 4.2 149.2
29.3 20.5 5.8 158.3
35.5 22.3 7.0 131.1
41.8 23.9 10.7 98.9
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
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 (%) Reserves to external debt stocks (%)
Notes: Short-term debt before 2009 is based on data from the BIS.
29
ARMENIA (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
1,010 675 44 6 290
1,968 1,368 298 0 302
4,933 3,679 529 0 725
6,304 4,772 656 0 876
7,407 5,541 904 0 963
7,637 5,884 842 0 911
8,678 6,807 1,150 0 720
8,551 7,073 908 0 570
675 675 658 17 0 .. ..
1,368 923 921 1 0 446 ..
3,679 2,376 2,375 1 0 1,302 ..
4,772 2,557 2,556 1 0 2,216 ..
5,541 2,736 2,733 4 0 2,805 ..
5,884 2,956 2,942 14 0 2,928 ..
6,807 3,312 2,594 718 700 3,495 ..
7,073 3,376 2,658 718 700 3,698 ..
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 ..
1,247 941 941 0 0 306 ..
1,734 198 198 0 0 1,536 ..
1,490 206 203 2 0 1,285 ..
1,633 280 270 10 0 1,353 ..
2,817 937 234 703 700 1,880 ..
2,080 283 281 2 0 1,797 ..
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 ..
300 21 21 0 0 279 ..
857 24 24 0 0 833 ..
742 28 28 0 0 714 ..
854 30 30 0 0 824 ..
1,599 537 537 0 0 1,063 ..
1,077 42 42 0 0 1,035 ..
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 ..
79 23 23 0 0 56 ..
60 35 35 0 0 25 ..
128 38 38 0 0 91 ..
128 43 43 0 0 84 ..
126 42 42 0 0 84 ..
176 71 29 42 42 105 ..
21 34 -13 -2 -2 .. -11
-38 10 -48 64 .. 64 -112
1,398 1,362 36 28 0 28 8
1,167 337 829 703 0 703 127
1,087 266 821 573 2 571 248
665 188 478 539 10 529 -62
1,335 -494 1,828 1,521 703 817 308
648 126 522 764 2 762 -242
104 0
278 0
718 1
361 7
386 3
589 2
363 -2
335 1
1,964 551 1,017 22 87 302
5,106 1,944 2,520 170 915 669
9,007 2,435 4,443 352 1,440 2,004
9,719 3,260 5,128 362 1,669 1,866
10,502 3,808 5,623 379 1,799 1,932
10,381 4,033 5,824 335 1,915 1,799
10,972 4,415 6,085 324 2,192 2,252
11,437 4,532 6,125 169 2,079 1,489
183.4 51.4 9.2 29.9
101.3 38.5 7.3 34.0
202.6 54.8 17.4 40.6
193.4 64.9 29.7 29.6
194.5 70.5 24.6 26.1
189.4 73.6 29.1 23.6
196.5 79.1 46.4 25.9
188.7 74.8 31.7 17.4
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
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 (%) 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.
30
AZERBAIJAN (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
1,524 832 156 0 536
2,118 1,549 186 0 383
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
10,294 8,218 1,834 0 242
11,693 9,543 1,926 0 224
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 ..
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 ..
8,218 6,075 4,192 1,884 500 2,142 ..
9,543 8,094 4,464 3,630 2,250 1,448 ..
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 ..
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 ..
1,327 1,073 741 333 0 253 ..
3,190 2,873 761 2,112 1,750 317 ..
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 ..
230 178 101 76 0 53 ..
300 228 97 131 0 72 ..
856 249 116 133 0 608 ..
922 239 127 111 0 684 ..
1,511 646 494 152 0 866 ..
1,498 504 259 245 0 995 ..
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 ..
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 ..
260 106 45 61 27 154 ..
323 141 182 55 57 -2 127
316 8 308 260 233 27 48
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
788 237 551 -431 181 -612 982
1,780 499 1,281 1,189 1,867 -678 92
130 ..
4,476 ..
2,525 ..
3,353 1
4,485 0
5,293 0
2,619 30
4,430 10
4,987 2,174 2,415 317 57 680
11,599 8,341 8,658 1,582 623 1,178
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
72,617 34,231 23,974 3,359 1,846 14,647
70.1 30.6 6.4 44.6
25.4 18.3 2.7 55.6
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
27.9 14.8 6.7 139.9
34.2 16.1 5.2 125.3
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
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
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 (%) 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.
31
BANGLADESH (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
15,596 14,985 334 0 277
18,449 17,385 688 16 376
24,596 21,187 1,934 1 1,475
25,752 21,400 2,949 2 1,403
27,180 23,804 2,105 2 1,271
28,300 25,128 1,959 2 1,213
33,535 28,304 3,735 2 1,496
34,925 29,302 4,153 2 1,470
14,985 14,985 14,809 176 0 .. ..
17,385 17,385 17,209 176 0 .. ..
21,187 21,187 21,144 43 0 .. ..
21,400 21,400 21,367 33 0 .. ..
23,804 22,350 22,328 22 0 1,454 ..
25,128 23,339 23,325 13 0 1,789 ..
28,304 26,113 26,102 12 0 2,191 ..
29,302 26,433 26,423 10 0 2,869 ..
Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds
863 863 796 67 0 .. ..
880 880 880 0 0 .. ..
1,497 1,497 1,497 0 0 .. ..
978 978 978 0 0 .. ..
1,028 1,028 1,028 0 0 .. ..
2,177 2,177 2,177 0 0 .. ..
4,303 4,303 4,303 0 0 .. ..
3,440 3,440 3,440 0 0 .. ..
Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds
488 488 467 22 0 .. ..
575 575 559 16 0 .. ..
699 699 687 12 0 .. ..
737 737 726 11 0 .. ..
1,050 1,050 1,039 11 0 .. ..
988 988 980 9 0 .. ..
1,242 1,242 1,240 2 0 .. ..
1,355 1,355 1,354 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 .. ..
199 199 197 2 0 .. ..
196 196 195 1 0 .. ..
200 200 199 2 0 .. ..
258 258 257 1 0 .. ..
243 243 242 1 0 .. ..
249 249 248 1 0 .. ..
260 260 260 1 0 .. ..
368 242 125 46 46 .. 80
365 421 -56 -16 -16 .. -40
814 787 28 -12 -12 .. 40
1,209 206 1,003 -11 -11 .. 1,014
-997 -142 -855 -11 -11 .. -844
983 1,138 -155 -9 -9 .. -146
5,115 3,341 1,774 -2 -2 .. 1,776
2,569 2,152 417 -2 -2 .. 418
280 1
626 20
754 -104
805 -104
924 -16
1,030 81
1,238 270
1,304 413
55,102 7,293 10,018 149 1,968 1,486
72,521 11,322 15,970 669 4,642 2,767
110,603 17,622 24,984 1,083 10,739 10,219
124,617 23,756 34,315 1,258 11,282 10,564
138,823 27,148 39,553 1,298 12,071 8,510
144,642 27,768 39,740 1,622 14,120 12,031
162,054 31,768 44,208 2,104 13,867 17,564
185,401 33,214 50,470 2,328 14,983 21,785
213.9 28.3 10.6 9.5
162.9 25.4 7.2 15.0
139.6 22.2 5.4 41.5
108.4 20.7 4.3 41.0
100.1 19.6 5.5 31.3
101.9 19.6 5.2 42.5
105.6 20.7 5.3 52.4
105.2 18.8 5.2 62.4
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
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 (%) Reserves to external debt stocks (%)
Notes: Short-term debt before 2012 is based on data from the BIS. Long-term private nonguaranteed debt data from 2011 are World Bank staff estimates based on reports provided by the country and are not available prior to 2011.
32
BELARUS (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
2,604 771 1,239 14 594
5,284 1,254 3,503 1 527
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
39,573 23,579 14,062 4 1,932
40,014 26,573 12,827 5 613
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 ..
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 ..
23,579 14,622 8,540 6,082 1,800 8,957 ..
26,573 15,628 10,114 5,514 1,800 10,945 ..
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 ..
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 ..
5,276 3,696 3,046 650 0 1,580 ..
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 ..
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 ..
2,976 2,099 894 1,205 0 877 ..
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 ..
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 ..
885 691 313 379 159 193 ..
-87 -81 -6 70 36 35 -76
696 87 608 42 -19 61 566
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
3,515 -423 3,939 1,512 820 693 2,426
-198 890 -1,087 148 -555 703 -1,236
119 1
314 1
1,823 1
1,348 1
3,773 0
1,251 -4
1,772 2
1,491 5
12,690 7,667 8,160 5 139 350
30,266 17,705 17,411 135 199 1,137
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 52,803 51,442 1,258 1,053 5,809
70,389 44,905 49,930 2,373 1,214 4,938
73,732 44,448 47,246 2,020 1,248 3,422
34.0 20.5 4.9 13.5
29.8 17.5 3.9 21.5
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
88.1 56.2 10.3 12.5
90.0 54.3 12.0 8.6
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
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 (%) Reserves to external debt stocks (%)
Notes: Long-term private nonguaranteed debt data for 2014 are World Bank staff estimates based on reports provided by the country.
33
BELIZE (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
528 455 50 0 23
989 956 7 7 26
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
1,288 1,255 7 7 26
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 .. ..
1,226 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 ..
1,255 1,101 557 544 527 154 ..
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 .. ..
79 66 65 1 0 13 ..
39 32 32 0 0 7 ..
53 36 36 0 0 18 ..
41 37 37 0 0 4 ..
166 164 123 41 41 2 ..
87 87 87 0 0 0 ..
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 .. ..
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 ..
47 37 33 4 0 10 ..
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 .. ..
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 ..
44 37 10 27 26 7 ..
153 7 146 147 147 .. -1
61 27 34 34 34 .. ..
21 33 -13 -13 -7 -6 ..
-26 -9 -17 -17 -5 -12 ..
-16 3 -19 -19 -5 -14 ..
-64 3 -67 -67 -22 -45 ..
61 89 -28 -28 -17 -11 ..
40 53 -13 -13 -4 -10 ..
23 ..
106 ..
102 -10
94 ..
94 ..
194 ..
92 ..
141 ..
779 441 661 31 26 123
1,000 622 824 35 45 71
1,246 733 895 56 79 214
1,259 834 972 102 78 218
1,389 949 1,052 40 75 237
1,454 1,040 1,148 68 76 289
1,506 1,062 1,208 85 74 403
.. 1,091 1,301 98 80 487
119.6 67.8 15.3 23.3
159.0 98.9 35.7 7.2
173.4 102.0 16.3 16.8
154.3 102.2 14.6 16.9
133.0 90.8 13.3 18.8
115.0 82.3 14.9 24.2
117.6 82.9 12.7 32.2
118.1 .. 8.4 37.8
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
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 (%) Reserves to external debt stocks (%)
Notes: Long-term private nonguaranteed debt data from 2008 are based on Central Bank data.
34
BENIN (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
1,370 1,207 66 1 96
1,536 1,429 41 2 66
1,317 972 213 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
1,984 1,742 22 22 220
1,207 1,207 1,205 3 0 .. ..
1,429 1,429 1,429 0 0 .. ..
972 972 972 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 .. ..
1,742 1,742 1,742 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 .. ..
142 142 142 0 0 .. ..
184 184 184 0 0 .. ..
116 116 116 0 0 .. ..
116 116 116 0 0 .. ..
337 337 337 0 0 .. ..
331 331 331 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 .. ..
25 25 25 0 0 .. ..
25 25 25 0 0 .. ..
29 29 29 0 0 .. ..
39 39 39 0 0 .. ..
68 68 68 0 0 .. ..
73 73 73 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 .. ..
12 12 12 0 0 .. ..
13 13 13 0 0 .. ..
13 13 13 0 0 .. ..
16 16 16 0 0 .. ..
18 18 18 0 0 .. ..
25 25 24 0 0 .. ..
-54 -6 -48 .. .. .. -48
82 71 11 -4 -4 .. 15
229 133 96 .. .. .. 96
309 175 134 .. .. .. 134
274 120 154 .. .. .. 154
135 109 26 .. .. .. 26
284 284 0 .. .. .. 0
-227 267 -494 .. .. .. -494
60 0
-31 2
-32 9
-26 5
149 1
198 1
360 ..
377 ..
2,347 552 744 -1 87 459
4,340 797 1,188 9 147 655
6,551 1,489 2,310 32 126 1,230
6,508 1,707 2,393 55 139 1,200
7,274 1,765 2,423 66 172 887
7,495 1,969 2,746 91 208 713
8,247 2,203 3,150 .. .. 695
8,684 .. .. .. .. 726
248.2 58.4 13.6 33.5
192.7 35.4 6.0 42.6
88.5 20.1 3.6 93.4
93.7 24.6 3.3 75.0
105.8 25.7 4.0 47.5
104.3 27.4 4.3 34.7
107.4 28.7 5.1 29.4
.. 22.8 .. 36.6
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
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 (%) Reserves to external debt stocks (%)
Notes: Data include the effects of Paris Club debt restructuring agreement and HIPC and MDRI debt relief.
35
BHUTAN (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
212 202 2 0 8
657 636 12 4 9
787 772 5 0 9
935 919 6 0 9
1,072 1,054 8 0 9
1,475 1,365 100 0 9
1,528 1,519 0 0 9
1,840 1,821 10 0 9
202 202 202 0 0 .. ..
636 636 636 0 0 .. ..
772 772 767 5 0 .. ..
919 919 899 21 0 .. ..
1,054 1,045 1,016 29 0 10 ..
1,365 1,358 1,320 38 0 8 ..
1,519 1,514 1,464 49 0 5 ..
1,821 1,820 1,769 50 0 2 ..
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 .. ..
118 118 113 5 0 .. ..
178 178 162 16 0 .. ..
270 260 251 9 0 10 ..
409 409 400 9 0 .. ..
293 293 283 9 0 .. ..
424 424 417 7 0 .. ..
Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds
5 5 5 0 0 .. ..
5 5 5 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 ..
42 40 40 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 .. ..
2 2 2 0 0 .. ..
34 34 34 0 0 .. ..
41 41 40 1 0 .. ..
40 40 38 2 0 .. ..
60 60 58 2 0 0 ..
38 38 35 2 0 0 ..
41 40 37 3 0 0 ..
30 30 0 .. .. .. 0
85 77 8 .. .. .. 8
74 72 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
392 377 15 5 7 -2 10
.. ..
6 ..
6 ..
20 ..
20 ..
11 ..
49 ..
10 ..
439 .. .. .. .. 318
807 .. .. .. .. 467
1,214 595 735 -1 5 891
1,497 607 1,024 4 8 1,002
1,706 762 1,425 5 10 790
1,682 746 1,343 2 18 955
1,665 685 1,316 20 12 991
1,751 686 1,257 .. 14 1,245
.. 48.2 .. 150.1
.. 81.3 .. 71.2
132.1 64.8 12.7 113.3
154.0 62.4 14.4 107.2
140.6 62.8 11.2 73.7
197.6 87.7 17.4 64.7
223.0 91.8 11.3 64.9
268.2 105.1 12.1 67.7
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
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 (%) Reserves to external debt stocks (%) Notes: Short-term debt is based on data from the BIS.
36
BOLIVIA, PLURINATIONAL STATE OF (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
5,875 5,218 402 2 255
6,908 6,445 182 0 282
5,731 5,170 304 0 257
5,726 5,137 336 0 253
6,136 5,561 324 0 252
6,566 5,984 330 0 252
8,009 7,505 250 0 253
8,781 8,254 289 0 238
5,218 4,192 4,159 33 0 1,026 ..
6,445 4,531 4,504 27 0 1,914 ..
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 ..
5,984 4,138 3,618 520 500 1,846 ..
7,505 5,148 4,130 1,019 1,000 2,357 ..
8,254 5,642 4,626 1,015 1,000 2,612 ..
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 ..
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 ..
1,628 787 786 0 0 842 ..
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 ..
448 190 178 13 10 257 ..
562 240 170 70 0 322 ..
351 166 164 2 0 185 ..
551 368 366 2 0 183 ..
419 179 177 2 0 240 ..
830 243 241 2 0 586 ..
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 ..
117 69 65 4 0 48 ..
75 52 49 4 0 22 ..
77 57 53 4 0 20 ..
79 65 64 0 0 14 ..
113 95 71 25 24 18 ..
157 139 85 54 54 18 ..
292 106 186 196 9 187 -10
454 227 227 318 2 316 -91
99 231 -132 -166 -6 -161 34
9 336 -327 -359 -67 -292 32
412 545 -133 -120 65 -185 -13
704 317 387 381 564 -183 6
906 502 404 483 498 -15 -79
837 545 292 254 -2 256 39
736 ..
-91 ..
505 ..
774 ..
902 ..
1,224 ..
1,699 ..
648 ..
8,172 1,610 2,443 148 127 926
9,173 3,401 3,362 271 337 1,328
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 12,399 11,690 1,649 1,111 11,659
28,693 12,923 13,139 1,916 1,201 12,783
32,469 13,663 14,864 1,690 1,184 13,481
365.0 71.9 39.8 15.8
203.2 75.3 15.4 19.2
101.2 34.4 10.2 132.3
82.8 30.5 9.4 142.1
66.3 26.9 4.7 161.5
53.0 25.8 5.2 177.6
62.0 27.9 4.2 159.6
64.3 27.0 7.3 153.5
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
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 (%) Reserves to external debt stocks (%)
37
BOSNIA AND HERZEGOVINA (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
2,800 2,619 49 1 131
6,378 5,326 960 0 91
11,328 9,111 1,678 0 539
9,935 8,128 1,038 0 769
10,165 8,091 1,308 0 766
10,576 8,426 1,262 0 888
11,078 8,920 1,309 0 848
10,591 8,833 865 0 892
2,619 1,957 1,832 125 0 663 ..
5,326 2,559 2,404 155 0 2,767 ..
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 ..
8,426 4,201 3,797 404 221 4,225 ..
8,920 4,732 4,337 395 205 4,188 ..
8,833 4,681 4,354 328 158 4,152 ..
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 ..
394 321 309 12 0 73 ..
510 441 427 14 0 69 ..
491 382 370 12 0 108 ..
525 448 431 17 0 77 ..
729 644 625 19 0 85 ..
639 639 612 27 0 .. ..
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 ..
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 ..
262 226 176 49 25 37 ..
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 ..
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 ..
249 81 77 5 2 168 ..
-41 -56 15 4 .. 4 11
1,052 63 989 342 -3 346 647
1,276 494 782 11 -1 12 771
-429 556 -985 -345 -23 -322 -640
166 241 -75 -345 -30 -315 270
-159 427 -586 -540 -26 -514 -46
66 429 -363 -410 -27 -384 47
32 535 -502 -58 -22 -37 -444
146 ..
314 ..
-202 ..
149 ..
343 ..
162 ..
292 ..
281 ..
6,096 2,247 4,234 .. 1,607 497
11,372 4,227 8,103 97 2,038 2,548
17,943 5,328 8,843 -104 2,127 4,529
17,127 5,691 9,111 79 1,822 4,366
18,467 6,646 10,931 276 1,958 4,150
17,061 6,106 10,021 207 1,846 4,283
18,078 6,677 10,198 187 1,929 4,868
18,557 6,909 10,953 263 2,062 4,744
124.6 45.9 14.2 17.7
150.9 56.1 7.3 39.9
212.6 63.1 8.8 40.0
174.6 58.0 14.1 43.9
152.9 55.0 13.1 40.8
173.2 62.0 17.4 40.5
165.9 61.3 16.8 43.9
153.3 57.1 11.8 44.8
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
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 (%) 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.
38
BOTSWANA (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
458 438 15 0 6
454 412 35 0 6
1,706 1,387 229 0 90
1,797 1,352 357 0 88
2,396 1,897 411 0 88
2,488 2,015 385 0 88
2,427 1,892 446 0 88
2,384 1,884 417 0 83
438 438 410 28 0 .. ..
412 412 401 12 0 .. ..
1,387 1,387 1,385 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
1,892 1,813 1,813 0 0 80 80
1,884 1,804 1,804 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 .. ..
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 .. ..
79 39 39 0 0 40 ..
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 .. ..
36 36 35 1 0 .. ..
56 56 55 1 0 .. ..
51 51 51 0 0 .. ..
28 28 27 1 0 .. ..
152 152 152 0 0 .. ..
32 32 32 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 .. ..
9 9 9 0 0 .. ..
16 16 16 0 0 .. ..
16 16 16 0 0 .. ..
20 20 20 0 0 .. ..
32 28 28 0 0 5 5
18 16 16 0 0 2 2
-29 -21 -8 -3 -3 .. -5
-17 -27 11 -2 -2 .. 13
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
-62 -123 61 .. .. .. 61
18 7 11 40 .. 40 -29
57 -6
211 27
133 18
141 11
1,134 -17
134 -9
200 2
393 ..
5,436 3,378 3,050 658 26 6,318
9,096 5,739 4,737 1,066 118 6,309
10,029 3,870 5,862 471 15 8,704
12,237 5,169 7,162 731 22 7,885
15,570 7,214 8,394 285 20 8,082
14,815 6,491 8,758 116 18 7,628
14,873 8,357 8,225 151 36 7,726
15,746 .. .. .. 48 8,323
13.6 8.4 2.0 1,378.2
7.9 5.0 0.9 1,391.1
44.1 17.0 1.2 510.3
34.8 14.7 1.5 438.8
33.2 15.4 1.0 337.3
38.3 16.8 0.8 306.6
29.0 16.3 2.3 318.4
.. 15.1 .. 349.1
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
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 (%) 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.
39
BRAZIL (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
242,432 209,223 30,973 176 2,235
188,351 163,846 23,993 0 513
281,651 237,339 39,786 0 4,526
352,364 282,426 65,492 0 4,446
404,046 357,473 42,140 0 4,432
440,513 403,493 32,583 0 4,437
483,814 445,861 33,507 27 4,446
556,871 494,511 58,177 17 4,183
209,223 96,542 29,765 66,776 54,096 112,682 16,846
163,846 94,341 26,160 68,181 59,077 69,505 35,969
237,339 87,513 32,655 54,858 47,350 149,826 53,342
282,426 97,486 41,517 55,968 46,806 184,940 83,032
357,473 94,712 36,568 58,144 45,408 262,761 79,363
403,493 116,663 39,005 77,658 48,471 286,830 69,053
445,861 136,603 39,373 97,230 52,125 309,258 61,384
494,511 174,273 42,066 132,206 53,855 320,239 55,073
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
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
115,770 41,798 5,232 36,566 6,319 73,972 8,163
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
30,471 7,786 3,447 4,339 2,760 22,685 1,585
32,026 9,628 2,665 6,963 5,770 22,398 2,656
41,778 15,852 8,355 7,498 4,281 25,925 3,666
30,592 6,691 2,322 4,369 3,269 23,901 7,154
63,771 14,918 4,476 10,442 4,325 48,853 11,459
42,672 6,786 1,969 4,817 2,936 35,886 9,588
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
13,554 5,656 1,085 4,571 4,148 7,898 2,936
13,157 5,172 968 4,204 3,864 7,985 4,207
16,615 5,446 1,013 4,433 3,902 11,169 5,859
14,259 5,019 963 4,057 3,392 9,240 3,107
17,833 6,010 921 5,089 3,805 11,823 3,722
16,448 5,717 800 4,917 3,662 10,731 3,354
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
30,345 3,399 26,947 23,805 2,547 21,257 3,142
79,059 8,652 70,407 44,700 1,676 43,024 25,706
46,329 -5,104 51,433 74,785 2,907 71,878 -23,352
39,489 2,663 36,827 46,384 18,633 27,750 -9,557
44,363 777 43,586 42,690 20,649 22,041 897
97,778 3,262 94,516 69,836 31,749 38,087 24,680
32,779 3,076
15,045 6,451
19,906 37,071
40,117 37,671
54,782 7,174
52,838 5,600
41,644 11,636
57,874 11,773
626,889 68,205 93,950 4,238 1,649 32,434
856,746 136,200 125,773 11,035 2,805 53,245
1,588,117 189,564 217,207 21,029 2,889 237,364
2,172,734 240,920 291,094 26,584 2,754 287,056
2,570,959 305,002 360,466 31,716 2,798 350,356
2,380,575 293,331 350,424 24,564 2,583 369,566
2,356,039 291,232 375,706 27,536 2,537 356,214
2,309,375 277,662 383,679 35,803 2,645 360,965
355.4 38.7 85.9 13.4
138.3 22.0 46.2 28.3
148.6 17.7 23.5 84.3
146.3 16.2 19.0 81.5
132.5 15.7 19.4 86.7
150.2 18.5 15.5 83.9
166.1 20.5 28.2 73.6
200.6 24.1 21.6 64.8
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
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 (%) Reserves to external debt stocks (%)
40
BULGARIA (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
12,009 8,440 1,451 1 2,118
18,507 12,532 4,442 0 1,533
55,670 36,916 17,797 0 958
50,635 34,551 15,143 0 941
47,642 33,857 12,848 0 938
50,703 35,984 13,780 0 939
51,978 37,869 13,168 0 941
48,742 35,638 12,219 0 885
8,440 7,671 2,603 5,068 4,982 769 ..
12,532 5,075 3,045 2,030 1,920 7,457 526
36,916 5,068 3,322 1,746 1,725 31,848 146
34,551 4,782 3,151 1,631 1,618 29,768 134
33,857 4,579 3,140 1,440 1,434 29,277 24
35,984 5,132 3,094 2,037 2,032 30,852 274
37,869 5,282 3,232 2,050 2,044 32,587 1,519
35,638 6,069 2,745 3,323 3,318 29,569 1,339
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
8,625 520 520 0 0 8,105 ..
1,569 199 199 0 0 1,370 ..
10,803 292 292 0 0 10,511 ..
6,182 1,439 228 1,211 1,211 4,743 340
6,069 770 380 389 389 5,300 539
5,674 2,130 179 1,951 1,951 3,544 ..
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
3,989 404 266 138 123 3,585 372
3,550 268 261 7 0 3,282 ..
3,567 258 251 7 0 3,308 109
3,777 263 263 0 0 3,514 57
3,821 269 269 0 0 3,551 ..
4,771 630 296 334 334 4,142 150
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
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 ..
838 210 69 141 141 628 12
827 230 69 160 160 598 42
465 221 244 61 -24 85 183
2,308 -315 2,623 1,418 -1,488 2,905 1,206
4,099 254 3,845 4,382 -138 4,520 -537
-4,635 -62 -4,573 -1,919 -7 -1,912 -2,654
4,941 41 4,901 7,196 -7 7,203 -2,296
3,337 -35 3,372 2,439 1,211 1,229 932
1,637 111 1,232 1,844 389 1,748 -611
-46 -117 71 1,020 1,617 -597 -949
1,002 5
2,017 449
2,249 8
1,528 9
1,268 -42
889 5
1,554 -19
978 -77
13,030 7,321 8,314 107 58 3,155
29,383 17,674 22,034 912 1,613 8,041
48,495 24,384 29,966 1,823 1,592 17,127
47,168 27,944 30,711 1,573 1,333 15,421
53,247 36,606 38,836 2,521 1,483 15,252
50,880 34,960 38,137 1,876 1,449 18,371
52,083 38,305 40,482 2,273 1,667 18,335
54,128 39,247 40,906 1,690 1,684 18,576
164.0 92.2 18.2 26.3
104.7 63.0 25.3 43.4
228.3 114.8 20.0 30.8
181.2 107.4 15.1 30.5
130.1 89.5 12.2 32.0
145.0 99.7 13.3 36.2
135.7 99.8 13.3 35.3
124.2 90.1 14.7 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
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 (%) 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.
41
BURKINA FASO (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
1,435 1,226 84 5 124
2,000 1,861 22 0 117
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
2,565 2,261 0 0 304
2,544 2,261 0 0 283
1,226 1,226 1,223 3 0 .. ..
1,861 1,861 1,861 0 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 .. ..
2,261 2,261 2,250 11 0 .. ..
2,261 2,261 2,254 7 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 .. ..
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 .. ..
217 217 217 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 .. ..
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 .. ..
57 57 55 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 .. ..
15 15 15 0 0 .. ..
18 18 18 0 0 .. ..
21 21 21 0 0 .. ..
21 21 21 0 0 .. ..
22 22 22 0 0 .. ..
23 23 23 0 0 .. ..
47 66 -19 0 0 .. -19
194 196 -2 0 0 .. -2
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 .. ..
157 159 -2 -2 -2 .. ..
23 -3
1 -4
9 0
-32 3
144 -132
329 209
490 ..
342 ..
2,606 251 691 3 67 243
5,442 583 1,452 7 57 438
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 2,809 4,337 .. .. 628
12,400 .. .. .. .. 297
572.8 55.1 18.8 16.9
343.0 36.8 7.8 21.9
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
91.3 23.3 2.8 24.5
.. 20.5 .. 11.7
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
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 (%) 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.
42
BURUNDI (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
1,125.9 1,036.0 65.0 19.7 24.9
1,287.9 1,176.1 34.1 33.1 77.7
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
683.6 398.1 31.3 0.3 254.2
690.2 403.6 48.3 0.3 238.3
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 .. ..
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 .. ..
398.1 398.1 393.8 4.4 0.0 .. ..
403.6 403.6 399.2 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 .. ..
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 .. ..
39.9 39.9 39.9 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 .. ..
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 .. ..
18.3 18.3 18.3 0.0 0.0 .. ..
8.7 8.7 8.7 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 .. ..
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 .. ..
3.7 3.7 3.7 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
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
17.6 -6.4 24.0 .. .. .. 24.0
47.4 30.4 17.0 .. .. .. 17.0
11.7 ..
0.6 ..
0.3 ..
0.8 ..
3.4 ..
0.6 ..
6.9 ..
.. ..
884.8 55.4 164.9 0.4 .. 32.9
1,099.6 98.7 343.9 2.1 0.1 100.1
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
2,713.1 236.1 921.9 .. 48.6 328.2
3,093.8 .. .. .. 50.8 316.0
2031.9 127.2 40.9 2.9
1304.3 117.1 40.5 7.8
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
289.5 25.2 13.7 48.0
.. 22.3 .. 45.8
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
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 (%) 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.
43
CABO VERDE (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
320 315 4 4 1
477 463 0 0 13
727 700 2 2 25
892 868 2 2 23
1,039 1,017 2 2 20
1,245 1,226 2 2 18
1,486 1,469 2 2 16
1,537 1,522 2 2 14
315 315 308 7 0 .. ..
463 463 442 22 0 .. ..
700 700 693 6 0 .. ..
868 868 816 53 0 .. ..
1,017 1,017 944 73 0 .. ..
1,226 1,226 1,108 118 0 .. ..
1,469 1,469 1,279 190 0 .. ..
1,522 1,522 1,265 257 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 .. ..
102 102 102 0 0 .. ..
208 208 158 50 0 .. ..
191 191 165 25 0 .. ..
222 222 179 43 0 .. ..
243 243 178 64 0 .. ..
227 227 129 98 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 .. ..
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 .. ..
24 24 24 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 7 0 0 .. ..
8 8 8 0 0 .. ..
10 10 9 1 0 .. ..
13 13 12 2 0 .. ..
16 16 13 2 0 .. ..
18 18 14 4 0 .. ..
2 19 -18 -2 -2 .. -16
49 45 4 4 4 .. ..
76 79 -4 -4 -4 .. ..
180 134 46 46 46 .. ..
162 138 23 23 23 .. ..
199 156 43 43 43 .. ..
219 154 64 64 64 .. ..
201 104 98 98 98 .. ..
33 ..
63 ..
124 2
95 ..
91 ..
112 ..
111 ..
119 ..
525 151 344 5 87 28
938 373 695 11 137 174
1,668 590 1,149 26 137 398
1,591 644 1,207 56 131 382
1,792 796 1,459 42 177 339
1,677 796 1,275 32 178 376
1,773 879 1,236 16 176 475
1,778 915 1,345 36 189 511
211.8 60.9 10.7 8.8
127.8 50.8 9.6 36.5
123.1 43.6 5.7 54.8
138.6 56.1 5.6 42.8
130.5 58.0 4.9 32.6
156.4 74.2 4.5 30.2
169.2 83.8 4.5 32.0
168.0 86.4 4.8 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
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 (%) Reserves to external debt stocks (%)
44
CAMBODIA (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
2,648 2,328 227 131 93
3,525 3,141 280 243 103
3,430 3,027 272 208 132
3,745 3,335 281 215 129
4,346 3,732 486 221 129
5,717 4,549 1,038 209 129
6,472 5,139 1,204 152 129
6,811 5,566 1,124 138 122
2,328 2,328 2,328 0 0 .. ..
3,141 3,141 3,141 0 0 .. ..
3,027 3,027 3,027 0 0 .. ..
3,335 3,335 3,335 0 0 .. ..
3,732 3,732 3,732 0 0 .. ..
4,549 4,549 4,549 0 0 .. ..
5,139 5,139 5,139 0 0 .. ..
5,566 5,566 5,566 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 .. ..
207 207 207 0 0 .. ..
344 344 344 0 0 .. ..
431 431 431 0 0 .. ..
863 863 863 0 0 .. ..
603 603 603 0 0 .. ..
648 648 648 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 .. ..
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 .. ..
77 77 77 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 .. ..
12 12 12 0 0 .. ..
21 21 21 0 0 .. ..
26 26 26 0 0 .. ..
31 31 31 0 0 .. ..
42 42 42 0 0 .. ..
52 52 52 0 0 .. ..
57 57 57 0 0 .. ..
128 76 52 .. .. .. 52
141 138 3 .. .. .. 3
117 181 -64 .. .. .. -64
313 311 2 .. .. .. 2
589 390 199 .. .. .. 199
1,380 816 564 .. .. .. 564
766 543 223 .. .. .. 223
505 571 -66 .. .. .. -66
149 ..
379 ..
511 ..
735 ..
795 ..
1,441 ..
1,345 ..
1,730 ..
3,534 1,893 2,453 123 121 502
6,006 4,094 4,935 227 164 953
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
14,470 10,087 12,075 700 176 4,516
15,883 11,262 .. .. 304 5,626
139.9 74.9 1.7 18.9
86.1 58.7 0.8 27.0
68.4 34.5 1.0 83.1
62.2 35.0 1.0 86.9
55.5 35.4 1.1 79.4
64.3 42.7 1.4 74.6
64.2 44.7 1.5 69.8
60.5 42.9 1.5 82.6
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
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 (%) Reserves to external debt stocks (%)
Notes: Short-term debt is based on data from the BIS. Data include MDRI debt relief.
45
CAMEROON (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
10,561 9,070 1,224 205 267
7,700 7,059 334 280 307
3,238 2,783 3 3 453
3,189 2,735 9 9 445
3,095 2,582 70 2 442
3,737 3,140 157 24 440
4,903 4,023 442 60 437
5,289 4,706 177 1 406
9,070 8,753 8,436 317 0 317 ..
7,059 6,467 6,384 83 0 592 ..
2,783 2,167 2,153 14 0 615 ..
2,735 2,158 2,138 20 0 577 ..
2,582 2,121 2,098 23 0 461 ..
3,140 2,772 2,727 45 0 368 ..
4,023 3,798 3,560 239 0 225 ..
4,706 4,463 4,080 383 0 243 ..
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 ..
356 147 139 8 0 209 ..
278 278 272 6 0 .. ..
178 178 174 5 0 .. ..
608 608 586 22 0 .. ..
1,005 1,005 814 191 0 .. ..
1,240 1,194 963 231 17 46 ..
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 ..
344 115 115 0 0 229 ..
159 121 121 0 0 38 ..
244 133 133 1 0 111 ..
173 80 79 1 0 93 ..
156 63 59 4 0 93 ..
290 262 227 36 17 28 ..
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 ..
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 ..
147 135 127 8 1 12 ..
-21 136 -157 -52 -4 -48 -105
-683 -301 -382 -44 .. -44 -339
159 172 -12 -12 8 -20 ..
119 151 -32 -32 6 -38 ..
1 40 -39 -107 4 -111 68
497 505 -8 -73 20 -93 65
1,094 751 343 94 187 -93 249
739 732 7 213 195 18 -206
159 0
120 -4
814 0
525 0
138 0
277 0
143 0
501 ..
8,694 2,694 3,021 41 30 212
16,099 4,280 5,012 289 77 949
23,267 5,445 6,842 436 184 3,676
23,358 5,701 6,703 166 115 3,643
26,284 7,674 8,680 282 219 3,199
26,027 7,591 8,810 503 210 3,381
28,948 8,226 9,658 648 244 3,472
32,259 .. .. .. 251 3,168
392.0 121.5 20.8 2.0
179.9 47.8 19.1 12.3
59.5 13.9 7.4 113.5
55.9 13.7 3.6 114.2
40.3 11.8 4.3 103.4
49.2 14.4 3.1 90.5
59.6 16.9 2.7 70.8
.. 16.4 .. 59.9
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
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 (%) 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.
46
CENTRAL AFRICAN REPUBLIC (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
872.1 797.3 41.2 26.1 33.6
1,033.0 877.2 106.6 97.6 49.2
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
574.7 307.3 86.4 80.4 181.0
657.4 393.9 86.2 83.2 177.3
797.3 797.3 764.8 32.6 0.0 .. ..
877.2 877.2 843.1 34.1 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 .. ..
307.3 307.3 281.1 26.2 0.0 .. ..
393.9 393.9 370.2 23.7 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 .. ..
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 .. ..
93.9 93.9 93.9 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 .. ..
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 .. ..
3.5 3.5 2.3 1.2 0.0 .. ..
7.3 7.3 5.1 2.2 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 .. ..
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 .. ..
2.6 2.6 2.6 0.0 0.0 .. ..
-13.8 7.8 -21.6 0.0 0.0 .. -21.6
-5.6 -5.6 .. .. .. .. ..
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
13.4 15.7 -2.2 -1.2 -1.2 .. -1.0
91.0 96.2 -5.2 -2.2 -2.2 .. -3.0
0.9 ..
10.1 ..
42.3 ..
61.5 ..
36.9 ..
70.0 ..
1.9 ..
3.5 ..
901.4 .. .. .. .. 133.3
1,340.1 .. .. .. .. 139.2
1,975.9 .. .. .. .. 210.6
1,995.6 .. .. .. .. 181.2
2,205.3 .. .. .. .. 154.5
2,181.2 .. .. .. .. 157.9
1,550.3 .. .. .. .. 193.7
1,790.2 .. .. .. .. 259.6
.. 96.7 .. 15.3
.. 77.1 .. 13.5
.. 27.2 .. 39.2
.. 30.8 .. 29.5
.. 24.8 .. 28.2
.. 25.3 .. 28.6
.. 37.1 .. 33.7
.. 36.7 .. 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
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 (%) 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.
47
CHAD (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
1,101 986 25 10 90
1,630 1,526 11 6 93
1,866 1,750 4 4 113
2,157 2,049 8 7 99
2,346 2,235 20 8 91
2,379 2,265 27 8 87
2,922 2,829 8 8 85
2,857 2,752 8 8 98
986 986 971 15 0 .. ..
1,526 1,526 1,494 32 0 .. ..
1,750 1,750 1,718 32 0 .. ..
2,049 2,049 2,019 30 0 .. ..
2,235 2,235 2,211 24 0 .. ..
2,265 2,265 2,242 22 0 .. ..
2,829 2,829 2,210 620 0 .. ..
2,752 2,752 2,135 617 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 .. ..
34 34 34 0 0 .. ..
366 366 366 0 0 .. ..
254 254 254 0 0 .. ..
95 95 95 0 0 .. ..
660 660 60 600 0 .. ..
147 147 147 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 .. ..
42 42 41 1 0 .. ..
46 46 44 2 0 .. ..
57 57 51 6 0 .. ..
59 59 57 2 0 .. ..
95 95 93 3 0 .. ..
96 96 94 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 .. ..
23 23 23 0 0 .. ..
17 17 17 0 0 .. ..
18 18 18 0 0 .. ..
21 21 21 0 0 .. ..
23 23 23 0 0 .. ..
28 28 28 0 0 .. ..
44 46 -2 -1 -1 .. -2
109 114 -4 -1 -1 .. -3
-20 -19 -1 -1 -1 .. ..
311 312 -1 -2 -2 .. 1
200 194 5 -6 -6 .. 11
39 34 5 -2 -2 .. 7
543 -36 578 597 597 .. -19
69 71 -2 -2 -2 .. ..
115 ..
-99 ..
375 ..
313 ..
282 ..
343 ..
538 ..
761 ..
1,368 .. .. .. .. 111
5,622 .. .. .. .. 226
8,868 .. .. .. .. 617
10,302 .. .. .. .. 632
11,841 .. .. .. .. 951
12,068 .. .. .. .. 1,156
12,359 .. .. .. .. 1,183
13,233 .. .. .. .. 1,076
.. 80.5 .. 10.1
.. 29.0 .. 13.8
.. 21.0 .. 33.0
.. 20.9 .. 29.3
.. 19.8 .. 40.5
.. 19.7 .. 48.6
.. 23.6 .. 40.5
.. 21.6 .. 37.7
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
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 (%) Reserves to external debt stocks (%)
Notes: Long-term public and publicly guaranteed debt data for 2014 are World Bank staff estimates. Short-term debt is based on data from the BIS. Data include the effects of HIPC debt relief.
48
CHINA (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
145,648 132,259 13,080 0 309
281,113 132,507 148,267 0 338
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
870,848 238,981 621,103 0 10,764
959,510 266,020 683,363 0 10,127
132,259 94,470 50,374 44,096 11,371 37,789 1,068
132,507 82,015 52,421 29,595 13,859 50,492 3,574
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
266,020 83,306 59,268 24,039 11,161 182,714 73,351
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
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
56,798 16,868 2,713 14,155 5,500 39,930 25,897
66,903 18,921 4,902 14,018 7,832 47,982 24,871
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
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
43,975 12,763 5,134 7,628 4,801 31,212 405
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
3,045 2,030 1,090 940 480 1,015 445
5,316 1,651 944 707 317 3,665 672
6,890 1,792 1,070 722 310 5,097 1,942
4,312 2,139 1,832 307 59 2,173 1,117
4,822 1,775 1,552 223 151 3,047 2,292
7,757 1,524 1,088 436 349 6,233 3,830
-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
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
134,915 -2,937 137,852 26,341 13,126 13,215 111,511
85,188 -232 85,420 23,160 6,390 16,770 62,260
38,399 6,912
94,959 20,569
147,356 29,117
240,537 31,357
279,762 5,308
241,544 29,903
273,189 32,595
289,100 51,900
1,190,595 292,111 277,904 20,198 5,237 168,278
2,252,486 809,731 701,218 47,566 8,832 821,514
5,050,889 1,368,583 1,156,985 105,948 22,903 2,416,044
6,013,586 1,790,140 1,593,015 159,637 33,440 2,866,079
7,422,055 2,134,931 2,023,344 204,476 40,483 3,202,789
8,441,806 2,355,310 2,143,352 171,845 39,221 3,331,120
9,447,316 2,548,141 2,356,600 206,381 38,819 3,839,548
10,295,771 2,758,100 2,508,200 .. 64,140 3,859,168
49.9 12.2 9.1 115.5
34.7 12.5 3.4 292.2
32.6 8.8 2.9 541.8
31.3 9.3 3.4 512.0
33.3 9.6 3.5 450.9
31.9 8.9 3.2 443.7
34.2 9.2 1.5 440.9
34.8 9.3 1.9 402.2
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
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 (%) 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.
49
COLOMBIA (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
33,231 30,211 2,871 0 149
36,656 30,855 5,637 0 163
53,054 47,884 4,013 0 1,157
63,819 54,770 7,912 0 1,137
73,582 61,853 10,596 0 1,134
76,558 65,089 10,334 0 1,135
89,265 77,237 10,891 0 1,137
102,345 89,054 12,221 0 1,070
30,211 19,952 6,868 13,084 8,201 10,259 762
30,855 21,866 9,862 12,005 10,927 8,989 370
47,884 35,135 14,991 20,145 17,159 12,749 2,709
54,770 36,692 16,154 20,539 17,686 18,078 3,329
61,853 39,254 16,685 22,569 20,099 22,599 2,720
65,089 43,722 19,697 24,025 21,729 21,368 5,320
77,237 50,491 20,738 29,753 25,555 26,746 8,420
89,054 58,108 21,350 36,758 31,450 30,946 10,170
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 ..
6,522 4,401 1,469 2,932 2,304 2,121 ..
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
20,745 9,061 2,228 6,833 4,778 11,683 3,100
19,097 10,857 2,319 8,538 7,220 8,240 1,750
Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds
2,890 2,058 547 1,511 469 832 110
7,275 4,583 2,096 2,487 1,723 2,692 ..
5,785 1,660 809 851 623 4,126 ..
6,435 2,188 985 1,203 983 4,248 ..
6,398 2,205 1,022 1,183 481 4,193 ..
11,355 2,782 1,067 1,716 847 8,573 ..
6,129 2,011 1,114 897 809 4,118 ..
8,694 2,493 1,420 1,073 1,015 6,201 ..
Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds
1,952 1,334 461 873 515 618 84
2,513 1,876 502 1,374 1,284 637 36
2,695 1,977 574 1,403 1,073 718 129
2,824 2,118 540 1,577 1,282 707 221
3,187 2,087 516 1,571 1,315 1,100 308
3,381 2,145 531 1,614 1,395 1,236 202
3,276 2,155 558 1,597 1,392 1,121 333
3,964 2,588 526 2,062 1,763 1,376 486
-231 63 -294 800 768 32 -1,094
-236 -628 392 -126 446 -571 517
5,743 1,607 4,136 5,756 4,840 916 -1,620
10,295 1,140 9,155 5,256 163 5,093 3,900
12,815 537 12,279 9,595 1,949 7,646 2,684
5,981 2,973 3,008 3,270 1,394 1,875 -262
15,173 1,114 14,059 13,502 5,937 7,565 557
11,733 899 10,835 9,504 7,466 2,039 1,331
2,436 17
10,267 86
7,303 67
7,065 1,318
12,776 2,288
13,800 3,180
13,831 1,926
13,561 3,833
97,730 16,850 17,728 655 1,610 8,916
141,300 25,787 31,761 3,566 3,346 14,787
225,455 40,137 49,343 7,294 4,125 24,748
275,791 47,542 60,652 9,875 4,031 27,766
319,928 66,664 81,208 14,866 4,101 31,386
354,614 71,874 87,759 14,954 4,019 36,444
365,886 70,753 87,677 13,695 4,450 42,758
364,892 67,962 92,100 12,315 4,166 46,408
197.2 34.0 29.8 26.8
142.1 25.9 38.9 40.3
132.2 23.5 21.6 46.6
134.2 23.1 20.3 43.5
110.4 23.0 15.1 42.7
106.5 21.6 21.2 47.6
126.2 24.4 14.0 47.9
150.6 28.0 19.5 45.3
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
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 (%) Reserves to external debt stocks (%)
50
COMOROS (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
226.7 204.0 20.3 11.3 2.4
280.8 255.3 24.5 21.5 1.0
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
255.7 223.5 4.1 4.1 28.0
151.1 116.6 1.6 1.6 32.9
145.0 112.5 1.6 1.6 30.9
204.0 204.0 204.0 0.0 0.0 .. ..
255.3 255.3 255.3 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 .. ..
223.5 223.5 223.5 0.0 0.0 .. ..
116.6 116.6 116.6 0.0 0.0 .. ..
112.5 112.5 112.5 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 .. ..
0.3 0.3 0.3 0.0 0.0 .. ..
0.0 0.0 0.0 0.0 0.0 .. ..
0.0 0.0 0.0 0.0 0.0 .. ..
0.0 0.0 0.0 0.0 0.0 .. ..
0.0 0.0 0.0 0.0 0.0 .. ..
0.0 0.0 0.0 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 .. ..
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 .. ..
0.5 0.5 0.5 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 .. ..
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 .. ..
0.1 0.1 0.1 0.0 0.0 .. ..
2.3 0.3 2.0 .. .. .. 2.0
0.7 0.7 .. .. .. .. ..
-2.1 -2.1 .. .. .. .. ..
-0.7 -0.7 .. .. .. .. ..
0.2 0.2 .. .. .. .. ..
-4.9 -4.9 .. .. .. .. ..
4.4 4.4 .. .. .. .. ..
-0.5 -0.5 .. .. .. .. ..
0.1 ..
0.6 ..
13.8 ..
8.3 ..
23.1 ..
4.9 ..
9.5 ..
14.0 ..
202.2 .. .. .. .. 43.2
378.7 59.5 144.3 1.7 54.0 85.8
523.0 80.9 258.0 1.7 100.0 150.3
529.4 90.7 275.4 1.8 87.2 145.3
585.1 103.4 311.6 2.4 108.0 155.2
569.7 93.3 327.1 2.2 110.2 194.1
617.4 109.1 350.8 .. .. 173.4
646.5 90.5 310.0 .. .. 170.5
.. 112.1 .. 19.1
471.6 74.1 6.8 30.6
356.5 55.1 14.7 52.1
309.5 53.0 4.7 51.8
268.7 47.5 3.8 55.8
274.0 44.9 12.8 75.9
138.4 24.5 0.4 114.8
160.3 22.4 0.7 117.5
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
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 (%) 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.
51
CONGO, DEMOCRATIC REPUBLIC OF (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
11,805 7,880 3,421 3,042 503
10,714 9,402 397 359 914
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
6,180 4,470 448 71 1,262
5,508 4,149 171 71 1,188
7,880 7,880 7,384 496 3 .. ..
9,402 9,402 9,033 369 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 .. ..
4,470 4,470 4,452 18 0 .. ..
4,149 4,149 4,140 9 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 .. ..
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 .. ..
116 116 116 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 .. ..
112 112 110 2 1 .. ..
226 226 205 21 0 .. ..
89 89 85 4 0 .. ..
133 133 128 5 0 .. ..
108 108 105 4 0 .. ..
242 242 232 10 0 .. ..
262 262 255 8 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 .. ..
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 .. ..
146 146 146 0 0 .. ..
20 0 20 .. .. .. 20
95 178 -83 -2 -2 .. -81
-55 58 -113 -21 -21 .. -92
107 -8 116 16 16 .. 100
138 180 -42 -5 -5 .. -37
115 121 -6 13 13 .. -19
471 262 209 -10 -10 .. 219
-423 -139 -285 -8 -8 .. -277
72 ..
180 ..
-243 ..
2,736 ..
1,687 ..
3,312 ..
2,098 -3
2,063 -17
18,700 .. .. .. .. ..
11,457 2,756 3,892 .. 9 131
17,477 5,047 7,571 .. 20 1,035
19,613 8,915 11,931 131 16 1,300
22,553 10,379 13,071 .. 115 1,268
25,867 9,049 12,075 .. 12 1,633
27,204 12,054 16,428 .. 33 1,678
28,812 13,257 18,118 .. 22 1,557
.. 63.1 .. ..
388.8 93.5 7.9 1.2
259.2 74.9 12.4 7.9
69.4 31.6 3.1 21.0
53.3 24.5 2.5 22.9
61.8 21.6 3.1 29.2
51.3 22.7 3.3 27.2
41.5 19.1 3.1 28.3
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
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 (%) 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.
52
CONGO, REPUBLIC OF (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
4,864 3,733 1,076 655 54
6,252 5,465 746 735 40
4,938 4,610 161 94 168
2,406 2,063 193 76 150
2,638 2,329 155 61 155
2,829 2,492 185 60 152
3,448 3,072 228 69 148
3,901 3,559 208 68 134
3,733 3,733 2,919 815 0 .. ..
5,465 5,465 3,287 2,179 0 .. ..
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 .. ..
3,072 3,072 1,977 1,095 436 .. ..
3,559 3,559 2,435 1,124 418 .. ..
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 .. ..
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 .. ..
844 844 623 221 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 .. ..
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 .. ..
262 262 135 128 18 .. ..
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 .. ..
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 .. ..
34 34 12 22 15 .. ..
-52 9 -61 .. .. .. -61
128 117 11 .. .. .. 11
-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
557 483 75 94 94 .. -19
166 0
801 ..
1,274 ..
928 ..
2,180 ..
2,152 ..
2,914 ..
5,502 ..
2,275 2,642 2,013 466 10 222
4,032 4,983 4,318 1,296 11 732
6,979 .. .. .. .. 3,806
9,024 .. .. .. .. 4,447
10,713 .. .. .. .. 5,641
10,542 .. .. .. .. 5,550
11,050 .. .. .. .. 5,245
11,697 .. .. .. .. 4,926
184.1 213.8 1.7 4.6
125.5 155.0 2.3 11.7
.. 70.8 .. 77.1
.. 26.7 .. 184.8
.. 24.6 .. 213.8
.. 26.8 .. 196.1
.. 31.2 .. 152.1
.. 33.3 .. 126.3
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
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 (%) 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.
53
COSTA RICA (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
4,688 3,695 962 27 31
6,483 4,352 2,097 2 34
7,760 5,271 2,243 0 245
8,154 5,482 2,431 0 241
10,271 7,221 2,810 0 240
14,310 11,166 2,904 0 241
18,735 16,083 2,411 0 241
20,974 18,647 2,100 0 227
3,695 3,509 1,918 1,591 1,542 187 ..
4,352 3,157 1,366 1,791 1,669 1,195 ..
5,271 3,208 1,578 1,630 1,435 2,063 ..
5,482 3,822 2,196 1,626 1,435 1,660 ..
7,221 3,968 2,196 1,773 1,435 3,253 ..
11,166 4,977 2,192 2,786 2,435 6,189 ..
16,083 7,467 1,933 5,534 4,185 8,616 1,000
18,647 8,737 2,310 6,427 4,875 9,910 1,350
Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds
749 749 249 500 500 .. ..
982 75 75 0 0 906 ..
1,329 559 419 141 75 770 ..
1,455 928 845 82 0 528 ..
1,797 773 269 504 250 1,023 ..
3,811 1,784 351 1,433 1,250 2,026 ..
7,440 3,648 418 3,230 2,000 3,791 1,000
4,972 2,025 669 1,356 1,000 2,947 350
Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds
391 374 338 37 30 17 ..
565 365 306 59 41 200 ..
849 573 250 323 300 276 ..
617 342 256 86 0 275 ..
1,149 641 283 357 250 508 ..
1,647 742 323 420 250 904 ..
2,490 1,126 646 480 250 1,364 ..
2,409 756 294 462 310 1,653 ..
Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds
202 191 105 86 80 12 ..
177 105 62 43 39 72 ..
342 218 77 142 131 124 ..
313 213 86 127 116 100 ..
397 200 85 115 105 197 ..
561 202 77 125 111 359 ..
728 253 70 183 169 475 ..
997 387 57 330 260 610 65
537 -88 625 446 463 -17 179
842 -231 1,072 647 -59 706 425
-1,265 169 -1,434 312 -182 494 -1,745
1,026 590 437 249 -4 253 188
1,027 -14 1,041 662 147 515 379
2,257 29 2,228 2,135 1,013 1,122 93
4,457 -228 4,685 5,178 2,751 2,427 -493
2,252 375 1,877 2,188 894 1,294 -311
409 ..
575 ..
1,405 ..
1,254 ..
1,563 ..
1,585 ..
2,577 ..
1,589 ..
14,694 7,992 8,793 1,141 136 1,318
19,756 7,535 8,787 743 420 2,313
28,299 10,806 11,720 802 513 4,066
35,553 12,457 13,938 847 531 4,627
40,648 14,066 16,445 998 520 4,756
43,997 15,204 17,941 1,185 562 6,857
47,794 15,796 18,398 1,269 596 7,331
47,914 16,407 18,945 1,455 594 7,211
58.7 31.9 8.1 28.1
86.0 32.8 11.1 35.7
71.8 27.4 11.6 52.4
65.5 22.9 8.0 56.7
73.0 25.3 11.5 46.3
94.1 32.5 15.0 47.9
118.6 39.2 20.8 39.1
127.8 43.8 21.1 34.4
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
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 (%) 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 2014 is based on Central Bank data.
54
CÔTE D'IVOIRE (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
12,187 10,546 1,043 79 599
11,178 10,129 797 797 252
13,431 12,530 62 62 839
10,665 9,489 314 7 861
12,334 10,424 821 5 1,090
9,166 7,728 173 0 1,265
11,082 9,664 0 0 1,418
10,857 9,365 0 0 1,492
10,546 9,063 6,669 2,394 2,343 1,482 ..
10,129 9,228 6,977 2,252 2,159 900 ..
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 ..
7,728 5,237 4,017 1,221 0 2,490 ..
9,664 7,597 4,969 2,628 0 2,067 ..
9,365 7,671 4,295 3,377 750 1,693 ..
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 ..
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 .. ..
1,661 1,661 899 762 750 .. ..
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 ..
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 ..
1,480 1,107 1,093 14 0 374 ..
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 ..
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 ..
179 155 117 38 0 24 ..
-617 -174 -442 -159 -46 -113 -283
-307 -90 -217 -109 0 -109 -108
-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
2,283 1,471 811 984 1,408 -423 -173
347 -28 375 375 749 -374 ..
235 1
302 14
400 2
371 2
322 ..
155 30
134 1
462 ..
9,715 4,512 4,423 284 119 674
16,433 8,717 8,215 370 163 1,367
23,343 12,562 10,845 572 315 3,267
23,972 12,811 11,907 562 373 3,624
24,393 13,859 10,664 612 397 4,316
26,178 13,316 13,116 578 367 3,928
29,882 13,192 13,175 651 385 4,243
32,930 14,432 15,185 .. 378 4,478
270.1 125.4 22.7 5.5
128.2 68.0 3.5 12.2
106.9 57.5 9.0 24.3
83.2 44.5 5.8 34.0
89.0 50.6 5.2 35.0
68.8 35.0 5.8 42.9
84.0 37.1 9.5 38.3
75.2 33.0 11.6 41.2
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
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
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 (%) Reserves to external debt stocks (%)
Notes: Long-term public and publicly guaranteed debt data for 2012 and 2014 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.
55
DJIBOUTI (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
298.6 238.3 45.4 6.4 14.9
485.1 376.9 87.9 8.9 20.4
894.1 735.3 119.3 2.3 39.5
769.7 619.7 114.5 0.5 35.5
775.8 650.6 85.6 0.6 39.7
807.7 641.9 108.3 1.3 57.5
831.8 672.7 101.4 1.4 57.6
957.5 817.5 87.1 3.1 52.9
238.3 238.3 238.3 0.0 0.0 .. ..
376.9 376.9 371.3 5.6 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 .. ..
672.7 672.7 662.3 10.4 0.0 .. ..
817.5 817.5 809.6 7.9 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 .. ..
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 .. ..
63.9 63.9 63.9 0.0 0.0 .. ..
211.6 211.6 211.6 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 .. ..
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 .. ..
29.7 29.7 27.7 2.0 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 .. ..
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 .. ..
9.3 9.3 9.1 0.2 0.0 .. ..
39.7 0.7 39.0 .. .. .. 39.0
56.7 14.7 42.0 .. .. .. 42.0
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
25.2 35.9 -10.7 -3.7 -3.7 .. -7.0
164.5 182.5 -18.0 -2.0 -2.0 .. -16.0
3.3 ..
22.2 ..
96.9 ..
36.5 ..
79.0 ..
110.0 ..
286.0 ..
153.0 ..
567.0 218.4 287.1 4.2 12.3 67.8
775.8 319.8 372.3 5.9 25.8 89.3
.. 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
.. 487.7 727.0 7.2 33.3 248.6
.. 517.0 918.5 10.8 35.6 425.0
.. 683.4 1,044.6 .. 35.9 393.1
136.7 52.7 6.9 22.7
151.7 62.5 5.6 18.4
211.5 .. 8.5 27.0
175.3 .. 8.1 32.4
176.2 .. 8.6 31.5
165.6 .. 8.8 30.8
160.9 .. 8.2 51.1
140.1 .. 6.1 41.1
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
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 (%) 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.
56
DOMINICA (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
183.3 163.6 19.0 0.0 0.8
277.4 224.4 40.6 8.6 12.4
255.0 201.1 22.0 17.9 31.9
254.5 218.8 5.5 1.5 30.2
263.6 230.7 5.6 1.5 27.3
287.9 255.8 5.6 1.5 26.6
293.0 263.6 5.6 1.5 23.8
291.4 264.9 5.5 1.5 20.9
163.6 163.6 114.3 49.2 49.2 .. ..
224.4 224.4 173.0 51.4 48.9 .. ..
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 .. ..
264.9 264.9 233.0 31.9 8.9 .. ..
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 .. ..
8.9 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 .. ..
20.3 20.3 20.3 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 .. ..
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 .. ..
11.5 11.5 9.2 2.3 0.4 .. ..
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 .. ..
4.5 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 .. ..
6.1 6.1 5.1 1.0 0.2 .. ..
49.5 18.8 30.7 30.5 30.5 .. 0.2
-37.0 -2.0 -35.0 0.0 0.0 .. -35.0
-3.1 0.0 -3.1 -1.6 -1.6 .. -1.5
18.7 18.8 -0.1 0.0 0.0 .. 0.0
8.7 6.1 2.6 2.6 2.6 .. 0.0
27.7 27.9 -0.2 -0.2 -0.2 .. ..
8.8 10.8 -1.9 -1.9 -1.9 .. 0.0
7.2 9.6 -2.4 -2.3 -2.3 .. -0.1
17.6 ..
21.7 ..
26.3 ..
10.0 ..
6.8 ..
15.7 ..
10.0 ..
22.2 ..
296.5 149.2 227.1 33.0 16.3 29.4
341.5 135.3 231.0 22.7 21.8 49.2
485.2 154.5 284.7 13.4 22.1 75.5
483.7 180.2 280.1 7.8 22.9 76.1
497.9 195.9 280.3 5.0 22.9 81.1
496.4 165.0 274.0 5.1 23.2 94.6
497.2 174.3 267.7 5.4 23.6 87.1
517.5 183.4 272.6 .. 23.6 101.4
122.9 61.8 7.4 16.0
205.0 81.2 12.1 17.7
165.1 52.6 13.5 29.6
141.3 52.6 8.6 29.9
134.6 52.9 8.5 30.8
174.5 58.0 11.9 32.8
168.1 58.9 10.7 29.7
158.8 56.3 10.5 34.8
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
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 (%) Reserves to external debt stocks (%)
57
DOMINICAN REPUBLIC (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
4,652 3,381 1,178 28 93
7,752 6,419 887 20 446
11,854 9,005 1,755 0 1,094
13,499 10,283 1,754 0 1,461
15,097 11,675 1,800 0 1,623
22,102 18,835 1,753 0 1,513
24,527 21,457 1,753 0 1,317
26,708 23,419 2,486 0 803
3,381 3,381 2,625 756 506 .. ..
6,419 6,418 3,257 3,160 561 2 ..
9,005 8,162 5,505 2,657 490 843 843
10,283 9,441 6,376 3,065 1,134 843 843
11,675 10,762 7,119 3,643 1,826 913 843
18,835 11,983 8,159 3,824 1,826 6,852 1,137
21,457 14,175 9,088 5,086 3,312 7,282 965
23,419 15,689 9,020 6,669 4,812 7,730 1,454
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 ..
1,483 1,483 1,392 92 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
3,571 3,112 1,554 1,558 1,500 459 13
3,965 2,824 795 2,029 1,500 1,141 499
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 .. ..
896 896 354 541 125 0 ..
799 798 311 487 105 0 ..
796 788 376 412 58 8 ..
1,521 625 407 218 0 897 431
1,657 932 608 324 14 725 260
1,917 1,225 847 378 0 692 11
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 ..
433 325 150 174 55 108 108
444 336 156 181 76 108 108
584 473 176 297 191 111 108
919 448 198 250 140 471 90
963 484 204 280 172 480 100
827 573 197 377 281 253 88
316 -73 389 124 124 .. 265
400 407 -7 16 14 2 -23
666 1,299 -632 -450 -450 0 -182
1,695 1,247 447 448 448 0 -1
1,585 912 674 628 590 37 46
1,162 941 221 268 167 101 -47
1,716 748 969 969 1,234 -266 0
2,323 -509 2,832 2,099 1,651 449 733
953 ..
1,172 ..
1,070 ..
1,419 ..
2,198 ..
3,416 ..
1,600 ..
2,208 ..
22,955 9,264 12,193 1,068 1,839 627
31,559 8,013 11,183 1,765 2,719 1,920
46,168 8,444 13,986 1,518 3,415 3,560
51,356 13,525 20,983 1,698 3,887 3,849
55,923 14,889 23,081 1,949 4,241 4,086
58,212 15,754 23,634 1,972 4,262 3,528
58,391 16,851 23,463 2,670 4,486 4,679
60,760 17,519 23,871 .. 4,650 4,840
50.2 20.3 5.7 13.5
96.7 24.6 9.1 24.8
140.4 25.7 16.7 30.0
99.8 26.3 10.5 28.5
101.4 27.0 10.8 27.1
140.3 38.0 16.5 16.0
145.6 42.0 17.0 19.1
152.5 44.0 18.5 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
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 (%) Reserves to external debt stocks (%)
Notes: Long-term private nonguaranteed debt data are based on country reports. Short-term debt for 2014 and before 2009 is based on data from the BIS. Data include the effects of Paris Club debt restructuring agreement signed in 2005.
58
ECUADOR (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
13,329 12,341 797 3 191
17,402 15,558 1,719 1 125
13,259 11,421 1,386 37 452
14,959 13,711 804 37 444
16,490 15,303 745 46 443
16,938 15,822 673 44 443
20,287 19,190 653 43 444
26,333 25,216 699 37 418
12,341 10,906 5,913 4,993 3,950 1,435 ..
15,558 10,890 5,987 4,902 4,600 4,668 ..
11,421 6,955 5,890 1,065 873 4,466 ..
13,711 8,630 7,607 1,023 868 5,082 ..
15,303 9,922 8,932 990 868 5,380 ..
15,822 10,072 9,113 959 868 5,750 ..
19,190 12,035 11,004 1,031 868 7,154 ..
25,216 16,882 11,571 5,311 2,868 8,334 ..
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 ..
1,180 384 382 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 ..
8,998 6,160 1,851 4,309 2,000 2,837 ..
Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds
1,067 549 399 151 0 517 ..
3,048 922 802 120 0 2,125 ..
4,187 3,528 503 3,025 2,987 659 ..
1,259 636 592 44 6 623 ..
1,836 1,048 1,015 33 0 789 ..
1,895 1,174 1,143 31 0 720 ..
2,264 1,173 1,143 30 0 1,091 ..
3,034 1,262 1,233 29 0 1,772 ..
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 ..
521 330 227 103 91 191 ..
464 326 255 71 61 139 ..
534 360 292 69 61 174 ..
674 481 414 67 61 193 ..
839 647 575 72 61 192 ..
941 735 534 200 140 206 ..
-188 282 -471 -216 -80 -136 -254
-234 -679 445 590 553 37 -145
-3,310 -121 -3,189 -2,886 -3,023 138 -303
1,136 1,713 -577 5 -42 47 -582
1,466 1,327 139 207 -33 239 -68
357 193 164 235 -31 266 -71
3,326 1,901 1,426 1,444 72 1,372 -18
6,015 618 5,397 5,345 4,280 1,065 52
-23 0
519 2
534 2
478 0
580 2
528 5
734 2
774 1
16,916 6,163 6,403 329 1,322 947
39,692 11,693 13,880 1,004 2,460 1,714
61,246 15,948 18,366 838 2,742 2,873
68,515 19,687 23,752 546 2,599 1,435
78,017 24,754 27,697 701 2,681 1,664
86,321 26,481 29,145 676 2,476 1,080
93,078 27,835 31,403 684 2,459 3,328
98,964 29,059 31,921 .. 2,462 3,484
216.3 78.8 30.5 7.1
148.8 43.8 35.9 9.9
83.1 21.6 30.0 21.7
76.0 21.8 9.1 9.6
66.6 21.1 9.7 10.1
64.0 19.6 9.8 6.4
72.9 21.8 11.2 16.4
90.6 26.6 13.8 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
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 (%) Reserves to external debt stocks (%)
Notes: Short-term debt is World Bank staff estimates based on Central Bank data.
59
EGYPT, ARAB REPUBLIC OF (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
29,178 24,897 4,104 0 177
29,948 28,098 1,656 2 194
35,068 31,098 2,561 0 1,408
36,542 32,009 3,149 0 1,384
35,145 30,740 3,026 0 1,379
39,997 31,959 6,657 0 1,381
44,444 40,244 2,816 0 1,384
39,624 35,001 3,321 0 1,302
24,897 24,325 23,785 540 0 573 100
28,098 28,005 25,777 2,228 1,250 93 ..
31,098 31,024 28,675 2,350 1,883 74 ..
32,009 31,955 28,236 3,719 3,133 54 ..
30,740 30,724 27,452 3,272 2,750 16 ..
31,959 31,939 28,685 3,254 2,750 20 ..
40,244 40,232 34,022 6,210 5,850 12 ..
35,001 34,980 31,358 3,623 3,350 21 ..
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 .. ..
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 11,082 7,957 3,125 3,100 17 ..
1,648 1,623 1,603 20 0 25 ..
Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds
1,097 982 860 121 0 116 ..
1,573 1,573 1,344 229 0 .. ..
2,050 2,030 1,911 119 0 20 ..
2,162 2,137 2,063 74 0 25 ..
2,652 2,585 2,125 460 383 68 ..
2,246 2,224 2,150 74 0 22 ..
2,601 2,576 2,398 178 0 25 ..
5,163 5,147 2,574 2,573 2,500 16 ..
Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds
618 602 572 31 0 16 12
569 565 547 18 0 4 ..
779 776 654 123 112 2 ..
719 717 581 136 123 1 ..
718 717 563 154 142 0 ..
680 679 557 122 108 0 ..
665 665 531 134 121 0 ..
692 692 494 198 188 0 ..
-717 -643 -75 115 23 91 -189
1,453 -230 1,683 1,747 1,747 .. -64
-200 105 -305 -24 -13 -11 -281
2,043 -160 2,203 1,615 1,635 -20 588
-1,266 -665 -600 -477 -439 -38 -123
5,067 1,451 3,616 -15 -19 4 3,632
4,658 5,559 -902 2,939 2,947 -8 -3,841
-3,014 -975 -2,039 -2,544 -2,553 9 505
1,235 269
.. 729
1,008 393
1,360 1,724
540 -711
209 -983
339 -431
202 485
100,770 18,735 23,878 92 2,852 13,118
89,432 32,141 35,787 647 5,017 20,609
189,136 45,601 56,910 2,101 7,150 32,253
214,526 49,365 66,308 5,268 12,453 33,612
229,952 47,371 68,076 5,079 14,324 14,916
256,357 48,834 75,597 5,704 19,236 11,628
264,563 44,992 72,686 6,376 17,833 13,608
279,242 47,300 80,780 6,089 19,570 11,995
155.7 29.0 9.8 45.0
93.2 33.5 6.9 68.8
76.9 18.5 6.4 92.0
74.0 17.0 6.1 92.0
74.2 15.3 7.4 42.4
81.9 15.6 6.5 29.1
98.8 16.8 7.5 30.6
83.8 14.2 12.7 30.3
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
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 (%) Reserves to external debt stocks (%)
60
EL SALVADOR (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
4,535 2,858 1,645 0 33
9,317 7,425 1,856 0 36
10,368 9,248 863 0 257
11,060 9,972 836 0 252
11,996 10,521 1,223 0 251
13,035 11,257 1,526 0 252
13,539 11,434 1,853 0 252
14,536 12,280 2,018 0 237
2,858 2,746 2,541 205 82 111 ..
7,425 4,802 3,083 1,719 1,636 2,622 ..
9,248 6,109 3,845 2,264 2,174 3,139 ..
9,972 6,403 4,183 2,220 2,199 3,569 ..
10,521 6,538 4,301 2,237 2,217 3,983 ..
11,257 7,372 4,339 3,033 2,362 3,885 38
11,434 7,275 4,242 3,033 2,336 4,159 38
12,280 8,058 4,044 4,014 3,269 4,223 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 ..
1,216 910 910 0 0 306 ..
1,055 707 707 0 0 348 ..
874 476 476 0 0 398 ..
1,448 1,173 522 652 0 274 38
1,006 364 337 27 0 642 ..
1,768 1,135 284 851 800 633 ..
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 ..
687 559 555 4 0 127 ..
604 455 388 68 0 149 ..
757 587 367 220 219 170 ..
628 453 452 1 0 175 ..
559 392 391 1 0 167 ..
680 410 409 1 0 269 ..
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 ..
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
543 414 116 299 251 129 ..
802 75 726 134 116 18 592
892 107 785 709 329 380 77
-150 355 -504 175 -4 178 -679
423 320 104 131 -68 199 -27
504 109 395 8 -220 229 387
1,123 70 1,053 749 650 99 304
774 -54 827 501 26 475 327
1,253 -125 1,378 1,213 850 364 165
173 ..
512 ..
241 ..
282 ..
169 ..
533 ..
148 ..
328 ..
12,881 3,803 6,031 60 1,765 1,773
16,604 3,517 7,173 181 3,029 1,721
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 6,170 11,425 547 3,910 2,805
23,418 6,492 12,166 646 3,971 2,476
24,388 6,550 12,068 699 4,235 2,430
119.3 35.2 9.9 39.1
264.9 56.1 24.2 18.5
241.5 51.6 27.4 27.7
220.0 53.0 21.5 23.2
201.9 53.3 21.6 17.9
211.3 56.8 18.6 21.5
208.6 57.8 17.1 18.3
221.9 59.6 19.0 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 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
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 (%) 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.
61
ERITREA (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
329.7 298.0 12.0 2.0 19.8
757.2 723.0 12.6 1.6 21.7
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
908.1 829.5 56.6 18.6 22.0
298.0 298.0 298.0 0.0 0.0 .. ..
723.0 723.0 690.1 32.9 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 .. ..
829.5 829.5 795.0 34.5 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 .. ..
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 .. ..
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
0.5 0.5 0.5 0.0 0.0 .. ..
11.8 11.8 11.8 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 .. ..
40.9 40.9 40.9 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 .. ..
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 .. ..
4.9 4.9 4.7 0.2 0.0 .. ..
60.2 50.2 10.0 .. .. .. 10.0
38.9 58.9 -20.0 .. .. .. -20.0
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
7.3 -20.7 28.0 .. .. .. 28.0
27.9 ..
1.4 ..
91.0 ..
91.0 ..
39.0 ..
41.4 ..
43.9 ..
46.5 ..
706.8 106.9 510.3 4.4 3.3 25.5
1,089.0 .. .. .. .. 27.9
1,840.5 .. .. .. .. 90.0
2,097.4 .. .. .. .. 114.1
2,584.2 .. .. .. .. 114.8
3,063.9 .. .. .. .. ..
3,412.9 .. .. .. .. ..
3,822.9 .. .. .. .. ..
308.5 46.6 4.3 7.7
.. 69.5 .. 3.7
.. 57.1 .. 8.6
.. 49.7 .. 11.0
.. 40.8 .. 10.9
.. 32.4 .. ..
.. 27.7 .. ..
.. 23.8 .. ..
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
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 (%) 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.
62
ETHIOPIA (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
5,509 5,339 79 65 92
6,221 5,925 120 36 176
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
16,585 15,846 288 28 452
5,339 5,339 5,226 113 0 .. ..
5,925 5,925 5,561 364 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 .. ..
15,846 15,846 11,374 4,472 1,000 .. ..
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 .. ..
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 .. ..
4,915 4,915 2,950 1,966 1,000 .. ..
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 .. ..
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 .. ..
569 569 205 365 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 .. ..
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 .. ..
190 190 130 60 0 .. ..
90 109 -19 -8 -8 .. -11
478 371 107 116 116 .. -9
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
4,443 2,740 1,703 1,601 1,601 .. 102
135 ..
265 ..
221 ..
288 ..
627 ..
279 ..
953 ..
1,200 ..
8,182 1,008 1,673 9 53 306
12,365 1,973 4,943 21 174 1,043
32,396 3,436 9,086 18 262 1,781
29,826 4,652 9,982 35 345 ..
31,883 5,824 11,736 23 513 ..
43,215 6,003 14,235 6 624 ..
47,418 .. .. .. .. ..
54,645 .. .. .. .. ..
546.3 67.3 13.7 5.6
315.3 50.3 4.8 16.8
152.3 16.2 3.0 34.0
157.9 24.6 3.9 ..
147.7 27.0 6.1 ..
174.3 24.2 7.2 ..
.. 26.5 .. ..
.. 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
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 (%) 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.
63
FIJI (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
181.7 172.4 0.2 0.2 9.1
195.7 185.4 0.4 0.4 9.9
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
796.8 653.9 39.6 0.6 103.3
863.6 701.3 65.0 0.0 97.2
172.4 172.4 172.4 0.0 0.0 .. ..
185.4 185.4 185.4 0.0 0.0 .. ..
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 ..
653.9 653.5 403.5 250.0 250.0 0.5 ..
701.3 700.9 450.9 250.0 250.0 0.4 ..
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 .. ..
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 ..
59.8 59.8 59.8 0.0 0.0 0.0 ..
70.5 70.5 70.5 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 .. ..
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 ..
21.1 21.0 21.0 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 .. ..
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 ..
29.5 29.5 7.0 22.5 22.5 0.0 ..
-9.8 -9.8 0.0 0.0 0.0 .. ..
-47.5 5.5 -53.0 .. .. .. -53.0
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
65.7 44.8 21.0 0.0 .. 0.0 21.0
75.4 49.5 25.9 -0.1 .. -0.1 26.0
0.6 ..
155.5 1.7
136.9 -1.1
350.3 0.1
404.6 -0.1
261.0 ..
127.7 ..
278.9 ..
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
2,859.1 1,482.8 1,785.3 48.0 171.2 569.1
3,043.1 1,898.2 2,189.2 143.4 173.8 719.4
3,532.3 2,330.2 2,668.4 171.2 160.4 832.2
3,707.3 2,510.4 2,777.9 172.7 190.6 920.0
3,774.7 2,333.2 3,109.3 108.2 203.6 940.9
3,989.2 .. .. .. 209.4 915.2
17.8 10.6 2.4 226.7
11.6 6.4 0.8 164.0
36.1 18.7 1.7 106.2
29.1 18.2 1.2 130.0
36.9 24.3 8.2 96.8
29.1 19.7 1.5 125.9
34.2 21.1 1.9 118.1
.. 21.6 .. 106.0
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
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 (%) 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.
64
GABON (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
3,920 3,457 355 63 107
3,895 3,561 246 186 88
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
4,326 4,040 73 0 213
3,457 3,457 3,338 119 0 .. ..
3,561 3,561 3,441 119 0 .. ..
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 .. ..
4,040 4,040 1,395 2,646 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 .. ..
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 .. ..
659 659 295 364 0 .. ..
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 .. ..
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 .. ..
259 259 90 169 0 .. ..
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 .. ..
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 .. ..
160 160 30 130 114 .. ..
-363 -140 -223 -7 -7 .. -216
-58 -70 12 -48 -48 .. 60
-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
200 205 -6 194 194 .. -200
-43 ..
321 ..
573 ..
499 ..
696 ..
832 ..
968 ..
973 ..
4,289 3,547 2,483 473 6 190
8,501 5,639 3,387 765 11 669
11,142 .. .. .. .. 1,993
12,776 .. .. .. .. 1,736
15,601 .. .. .. .. 2,157
15,364 .. .. .. .. 2,352
14,936 .. .. .. .. 3,004
15,143 .. .. .. .. 2,478
110.5 91.4 9.9 4.8
69.1 45.8 3.4 17.2
.. 20.9 .. 85.8
.. 19.8 .. 68.8
.. 17.9 .. 77.1
.. 18.7 .. 81.9
.. 28.9 .. 69.6
.. 28.6 .. 57.3
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
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 (%) 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. Long-term public and publicly guaranteed debt data for 2014 are based on World Bank staff estimates. Short-term debt is based on data from the BIS. Data include the effects of Paris Club debt buyback agreement signed in 2007.
65
GAMBIA, THE (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
490.1 438.0 27.3 0.0 24.8
667.1 616.5 22.4 1.4 28.1
500.5 382.0 43.3 2.3 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
519.3 412.0 11.8 1.8 95.5
500.1 400.8 12.5 3.5 86.8
438.0 438.0 437.0 1.0 0.0 .. ..
616.5 616.5 616.5 0.0 0.0 .. ..
382.0 382.0 378.6 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 .. ..
412.0 412.0 401.0 11.0 0.0 .. ..
400.8 400.8 391.9 8.9 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 .. ..
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 .. ..
37.1 37.1 34.0 3.1 0.0 .. ..
39.6 39.6 38.3 1.3 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 .. ..
11.2 11.2 11.2 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 .. ..
20.5 20.5 18.4 2.2 0.0 .. ..
35.2 35.2 33.0 2.1 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 .. ..
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 .. ..
4.8 4.8 4.8 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
65.1 37.3 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
6.4 16.5 -10.1 0.9 0.9 .. -11.0
0.2 2.0 -1.8 -0.8 -0.8 .. -1.0
.. ..
53.7 ..
39.4 ..
37.4 ..
36.2 ..
33.5 ..
37.6 ..
28.4 ..
752.7 .. .. .. .. 109.4
601.7 189.8 305.0 26.9 59.3 98.3
872.6 290.1 362.3 11.7 79.8 224.2
921.9 284.9 341.3 11.5 115.7 201.6
871.2 318.9 392.8 11.3 107.9 223.2
884.7 343.8 467.6 10.2 141.0 236.2
863.9 .. .. .. .. 210.6
782.3 .. .. .. .. 159.3
.. 65.1 .. 22.3
351.5 110.9 15.1 14.7
172.6 57.4 6.5 44.8
179.8 55.6 8.1 39.4
149.2 54.6 7.9 46.9
149.2 58.0 7.1 46.1
.. 60.1 .. 40.5
.. 63.9 .. 31.9
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
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 (%) 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.
66
GEORGIA (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
1,825 1,316 44 1 466
2,151 1,663 50 11 438
8,673 6,736 925 7 1,012
9,656 7,284 1,101 7 1,272
11,360 8,605 1,546 84 1,210
12,383 9,274 2,144 351 965
13,724 11,078 2,066 348 580
13,912 11,278 2,214 375 420
1,316 1,274 1,272 2 0 42 ..
1,663 1,531 1,529 2 0 132 ..
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 ..
9,274 4,876 3,097 1,778 1,065 4,399 750
11,078 4,986 3,384 1,603 1,000 6,091 900
11,278 5,338 3,532 1,806 1,000 5,940 900
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 ..
1,147 678 427 250 0 469 ..
1,190 815 401 414 250 375 ..
1,785 843 343 500 500 942 ..
1,625 690 431 258 250 935 750
1,386 332 326 6 0 1,054 150
1,513 672 467 205 0 841 ..
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 ..
474 140 70 70 0 334 ..
510 169 71 97 0 342 ..
1,199 620 67 553 435 579 ..
933 165 48 118 0 768 ..
811 238 56 182 65 573 ..
1,090 98 98 0 0 992 ..
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 ..
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
427 130 43 87 79 297 70
480 122 45 76 76 358 70
33 -29 62 26 .. 26 36
-30 -17 -14 46 0 47 -60
874 670 204 316 181 136 -112
1,131 605 526 350 316 34 176
895 216 679 310 -53 363 369
778 139 639 308 141 167 331
116 -113 229 304 -176 481 -76
412 237 175 53 205 -152 121
131 ..
383 3
564 12
696 -22
798 -7
508 74
745 1
1,109 210
3,175 1,007 1,433 36 274 116
6,473 2,415 3,469 116 446 479
10,725 3,672 5,779 262 1,112 2,110
11,424 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
15,835 8,097 10,489 770 1,945 2,823
16,371 8,019 11,057 688 1,986 2,699
181.3 57.5 12.5 6.4
89.1 33.2 8.1 22.2
236.2 80.9 21.0 24.3
210.3 84.5 17.5 23.4
189.3 81.1 26.8 24.8
174.5 78.9 22.9 23.2
169.5 86.7 21.2 20.6
173.5 85.0 23.3 19.4
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
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 (%) Reserves to external debt stocks (%)
67
GHANA (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
6,254 5,307 572 10 375
7,165 6,043 616 38 507
7,177 5,019 1,332 50 826
9,296 6,096 2,263 27 937
11,279 7,383 2,795 105 1,101
12,565 8,699 2,614 143 1,253
15,801 11,019 3,559 230 1,223
17,612 13,336 3,156 165 1,120
5,307 5,050 4,705 345 0 257 250
6,043 6,043 5,492 551 0 .. ..
5,019 5,019 3,320 1,699 750 .. ..
6,096 6,096 4,213 1,882 750 .. ..
7,383 7,383 5,130 2,253 750 .. ..
8,699 8,699 6,113 2,585 750 .. ..
11,019 11,019 6,886 4,133 1,531 .. ..
13,336 13,083 7,478 5,605 2,531 253 253
Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds
417 417 342 75 0 .. ..
558 558 483 74 0 .. ..
1,005 1,005 726 279 0 .. ..
1,297 1,297 998 299 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 .. ..
3,174 2,921 1,104 1,817 1,000 253 253
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 55 80 0 .. ..
145 145 74 71 0 .. ..
197 197 88 109 0 .. ..
270 270 117 153 0 .. ..
568 568 163 405 219 .. ..
406 406 207 199 0 .. ..
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 .. ..
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 .. ..
280 280 87 193 124 .. ..
62 199 -137 -1 2 -3 -136
268 364 -96 13 13 .. -109
918 775 143 199 199 .. -56
2,230 1,049 1,182 228 228 .. 954
1,963 1,109 854 400 400 .. 454
1,207 1,106 101 320 320 .. -219
3,064 704 2,360 1,502 1,502 .. 858
2,398 865 1,533 1,871 1,618 253 -338
166 ..
145 ..
1,940 535
2,527 18
3,222 1
3,295 ..
3,227 ..
3,357 ..
4,836 2,456 3,473 17 32 232
10,601 3,952 6,851 94 99 1,753
25,884 7,735 11,710 495 114 3,386
31,641 9,490 14,560 396 136 4,763
38,336 14,712 20,813 1,062 152 5,483
39,808 16,867 24,188 1,915 138 5,368
47,233 16,490 24,135 1,219 119 5,249
36,934 15,372 20,888 .. 126 ..
254.6 129.3 16.0 3.7
181.3 67.6 8.4 24.5
92.8 27.7 3.6 47.2
98.0 29.4 3.8 51.2
76.7 29.4 2.3 48.6
74.5 31.6 3.1 42.7
95.8 33.5 5.7 33.2
114.6 47.7 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
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 (%) 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.
68
GRENADA (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
203.5 180.7 21.6 4.5 1.2
407.2 391.3 6.3 4.3 9.7
600.5 523.7 36.3 13.3 40.5
607.2 522.4 38.6 14.6 46.3
596.0 516.3 33.8 15.8 45.9
620.3 519.0 55.9 39.9 45.5
616.5 518.9 52.5 48.5 45.1
650.8 539.0 66.1 58.1 45.7
180.7 180.7 116.8 63.9 27.4 .. ..
391.3 391.3 172.4 218.9 214.3 .. ..
523.7 523.7 274.6 249.0 239.4 .. ..
522.4 522.4 277.7 244.7 239.4 .. ..
516.3 516.3 273.2 243.1 239.4 .. ..
519.0 519.0 275.8 243.1 239.4 .. ..
518.9 518.9 275.8 243.1 239.4 .. ..
539.0 539.0 295.9 243.1 239.4 .. ..
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 .. ..
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 .. ..
33.7 33.7 33.7 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 .. ..
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 .. ..
28.6 28.6 28.6 0.0 0.0 .. ..
11.2 11.2 11.2 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 .. ..
11.9 11.9 5.8 6.1 5.8 .. ..
11.7 11.7 5.7 5.9 5.9 .. ..
12.2 12.2 6.4 5.9 5.8 .. ..
8.9 8.9 3.6 5.3 5.3 .. ..
6.9 6.9 5.8 1.0 1.0 .. ..
11.2 11.2 5.7 5.5 5.5 .. ..
63.4 13.4 50.0 54.1 54.1 .. -4.1
-28.1 33.2 -61.4 -0.4 -0.4 .. -61.0
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
-12.8 -0.8 -12.0 .. .. .. -12.0
29.9 25.9 4.0 .. .. .. 4.0
37.4 ..
49.6 ..
82.8 ..
42.3 ..
29.4 ..
16.5 ..
58.0 ..
40.4 ..
486.3 240.8 349.0 27.8 46.4 57.7
667.1 160.3 435.9 22.7 26.8 94.3
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
765.6 213.5 437.0 18.8 29.3 119.5
805.9 216.7 455.9 19.6 29.6 150.6
860.4 244.8 438.9 .. .. 169.9
84.5 41.8 6.0 28.3
254.0 61.0 6.6 23.1
307.4 84.8 12.3 21.5
318.1 83.1 14.4 19.6
295.1 79.8 13.0 20.3
290.6 81.0 7.5 19.3
284.5 76.5 16.8 24.4
265.8 75.6 10.4 26.1
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
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 (%) Reserves to external debt stocks (%) Notes: Short-term debt is based on data from the BIS.
69
GUATEMALA (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
3,948 2,740 1,172 317 36
9,506 8,014 1,453 414 40
14,822 13,281 1,226 0 315
15,039 13,144 1,585 0 309
16,277 13,703 2,265 0 308
15,128 14,124 695 0 309
17,252 16,229 714 0 309
18,761 17,694 776 0 291
2,740 2,598 2,156 442 245 142 ..
8,014 3,720 2,484 1,237 1,105 4,294 50
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
14,124 6,298 4,968 1,330 1,330 7,826 855
16,229 7,058 5,311 1,748 1,730 9,170 1,455
17,694 6,945 5,196 1,749 1,730 10,749 2,555
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 ..
941 807 807 0 0 135 ..
1,471 879 879 0 0 592 ..
1,025 393 393 0 0 633 150
1,947 1,247 547 700 700 700 700
2,300 1,392 674 718 700 908 600
1,872 250 249 2 0 1,622 1,100
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 ..
1,086 269 269 0 0 817 50
949 264 264 0 0 685 ..
1,347 604 279 325 325 743 ..
1,481 273 273 0 0 1,208 ..
2,328 596 296 300 300 1,732 ..
1,254 325 325 0 0 928 ..
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
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
762 314 211 102 101 448 63
62 80 -18 -52 -32 -20 34
906 -56 961 1,124 -1 1,125 -163
-1,070 537 -1,607 -682 0 -682 -925
881 615 266 -93 0 -93 359
359 114 245 -435 -325 -110 680
-1,105 273 -1,379 192 700 -508 -1,570
-8 378 -386 -406 418 -824 19
680 -77 757 695 2 693 62
230 ..
392 ..
581 ..
907 ..
968 ..
1,026 ..
880 ..
1,080 ..
19,065 4,077 5,991 248 596 1,746
26,726 7,069 11,886 370 3,067 3,664
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 13,175 20,642 986 5,379 7,002
56,671 14,235 22,068 1,363 5,837 7,064
96.8 20.7 9.7 44.2
134.5 35.6 14.8 38.5
151.4 40.5 18.0 33.5
134.7 37.5 14.4 37.5
123.6 35.4 15.7 35.8
116.5 30.8 16.5 41.8
130.9 32.8 22.5 40.6
131.8 33.1 14.5 37.7
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
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 (%) 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.
70
GUINEA (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
3,083 2,650 298 81 136
3,152 2,982 57 57 113
3,417 3,157 40 38 220
3,374 3,045 124 56 205
3,359 3,069 91 80 199
1,300 1,048 37 37 215
1,390 1,041 106 37 243
1,407 1,009 77 37 321
2,650 2,650 2,621 29 0 .. ..
2,982 2,982 2,791 190 159 .. ..
3,157 3,157 3,001 156 137 .. ..
3,045 3,045 2,913 132 114 .. ..
3,069 3,069 2,954 115 97 .. ..
1,048 1,048 950 98 86 .. ..
1,041 1,041 953 88 76 .. ..
1,009 1,009 942 67 55 .. ..
Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds
71 71 71 0 0 .. ..
249 249 247 1 0 .. ..
42 42 42 0 0 .. ..
32 32 32 0 0 .. ..
33 33 33 0 0 .. ..
42 42 42 0 0 .. ..
54 54 54 0 0 .. ..
93 93 93 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 .. ..
97 97 84 12 12 .. ..
98 98 84 14 14 .. ..
65 65 52 13 13 .. ..
154 154 140 14 14 .. ..
108 108 95 13 13 .. ..
69 69 56 13 13 .. ..
64 64 50 13 13 .. ..
Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds
41 41 41 0 0 .. ..
50 50 50 0 0 .. ..
29 29 29 0 0 .. ..
21 21 21 0 0 .. ..
36 36 36 0 0 .. ..
21 21 21 0 0 .. ..
13 13 13 0 0 .. ..
12 12 12 0 0 .. ..
-41 -28 -13 0 0 .. -12
126 137 -11 -11 -11 .. ..
-223 -55 -168 -14 -14 .. -154
22 -30 53 -13 -13 .. 66
-184 -113 -71 -14 -14 .. -57
-62 -38 -24 -13 -13 .. -11
81 26 56 -13 -13 .. 69
97 139 -42 -13 -13 .. -29
10 ..
105 ..
50 ..
101 ..
955 ..
0 ..
3 ..
.. ..
2,922 758 973 8 1 148
2,658 929 1,079 .. 42 95
4,108 1,144 1,581 88 52 ..
4,302 1,549 1,892 0 46 ..
4,625 1,528 2,829 26 65 103
5,235 2,118 3,289 39 66 155
5,778 1,993 3,242 47 93 174
6,134 .. .. .. 95 293
406.9 105.5 20.7 4.8
339.3 118.6 18.8 3.0
298.6 83.2 12.4 ..
217.9 78.4 6.3 ..
219.8 72.6 12.8 3.1
61.4 24.8 8.0 11.9
69.8 24.1 4.2 12.5
.. 22.9 .. 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
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 (%) 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.
71
GUINEA-BISSAU (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
947.8 821.1 100.4 87.4 26.3
1,021.7 887.8 120.7 118.7 13.2
1,025.5 874.0 120.3 113.3 31.3
1,103.5 977.3 101.6 100.6 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
271.4 203.2 32.9 32.9 35.3
821.1 821.1 821.1 0.0 0.0 .. ..
887.8 887.8 887.8 0.0 0.0 .. ..
874.0 874.0 874.0 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 .. ..
203.2 203.2 203.2 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 .. ..
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 .. ..
2.5 2.5 2.5 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 .. ..
4.7 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 .. ..
1.4 1.4 1.4 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 .. ..
3.7 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 .. ..
0.5 0.5 0.5 0.0 0.0 .. ..
29.4 19.6 9.8 -0.2 -0.2 .. 10.0
10.4 11.4 -1.0 .. .. .. -1.0
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
6.4 6.4 .. .. .. .. ..
0.7 ..
5.9 ..
18.9 -0.2
26.2 2.7
36.8 0.0
12.8 ..
19.6 ..
21.5 ..
357.8 .. .. .. 8.0 66.8
575.4 95.2 156.9 .. 19.9 79.8
815.6 163.4 309.0 5.6 48.9 168.6
846.6 183.8 314.7 5.7 45.9 156.4
1,102.9 297.9 373.7 31.8 52.1 220.0
957.9 156.3 290.5 31.2 45.6 164.6
945.6 458.7 591.5 .. .. 186.3
1,021.5 .. .. .. .. 287.0
.. 264.9 .. 7.0
1072.9 177.6 6.7 7.8
627.6 125.7 6.2 16.4
600.4 130.4 9.5 14.2
95.2 25.7 1.7 77.6
178.8 29.2 4.4 58.9
60.5 29.3 0.3 67.1
.. 26.6 .. 105.7
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
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 (%) 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.
72
GUYANA (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
1,384 1,129 119 67 136
1,237 1,043 82 82 112
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
2,379 1,315 924 112 140
1,129 1,125 1,080 45 27 4 ..
1,043 1,041 1,033 9 0 2 ..
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 ..
1,315 1,130 1,109 21 0 185 ..
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 .. ..
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 .. ..
355 170 170 0 0 185 ..
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 ..
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 .. ..
24 24 24 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 ..
11 10 10 0 0 0 ..
11 11 11 0 0 .. ..
13 13 13 0 0 .. ..
13 13 13 0 0 .. ..
14 14 14 0 0 .. ..
16 16 16 0 0 .. ..
21 34 -14 0 0 0 -13
76 108 -32 -1 0 0 -31
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
216 135 81 185 .. 185 -104
67 ..
18 ..
31 ..
39 ..
46 ..
42 ..
29 ..
.. ..
661 684 813 6 27 305
777 697 960 7 201 252
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
2,875 1,764 2,550 10 469 864
3,019 1,594 2,364 5 328 784
3,259 .. .. .. 341 668
202.4 209.5 10.2 22.0
177.5 159.2 5.0 20.4
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 68.7 8.6 43.8
144.5 76.3 4.9 34.0
.. 73.0 .. 28.1
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
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 (%) Reserves to external debt stocks (%)
Notes: Long-term private nonguaranteed debt data for 2014 are World Bank staff estimates based on market data. Principal payment shown from 2012 include rice for oil deal. Data include the effects of HIPC and MDRI debt relief.
73
HAITI (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
1,203 1,056 90 1 57
1,347 1,278 28 15 41
1,448 1,158 0 0 291
957 822 0 0 135
771 623 0 0 148
1,156 986 0 0 169
1,556 1,378 0 0 178
1,937 1,760 1 1 177
1,056 1,056 1,056 0 0 .. ..
1,278 1,278 1,278 0 0 .. ..
1,158 1,158 1,158 0 0 .. ..
822 822 822 0 0 .. ..
623 623 623 0 0 .. ..
986 986 986 0 0 .. ..
1,378 1,378 1,378 0 0 .. ..
1,760 1,758 1,758 0 0 2 ..
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 .. ..
212 212 212 0 0 .. ..
288 288 288 0 0 .. ..
357 357 357 0 0 .. ..
360 360 360 0 0 .. ..
398 398 398 0 0 .. ..
410 408 408 0 0 2 ..
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 .. ..
6 6 6 0 0 .. ..
20 20 20 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 .. ..
15 15 15 0 0 .. ..
8 8 8 0 0 .. ..
3 3 3 0 0 .. ..
3 3 3 0 0 .. ..
4 4 4 0 0 .. ..
5 5 5 0 0 0 ..
20 26 -6 .. .. .. -6
21 55 -34 .. .. .. -34
243 243 .. .. .. .. ..
290 290 .. .. .. .. ..
368 368 .. .. .. .. ..
382 382 .. .. .. .. ..
402 402 .. .. .. .. ..
396 394 2 2 .. 2 ..
13 ..
26 ..
55 ..
178 ..
119 ..
156 ..
186 ..
99 ..
.. 504 1,378 .. 578 182
4,387 605 1,888 .. 986 218
6,597 1,065 2,823 .. 1,376 1,052
6,645 1,049 4,298 .. 1,474 1,891
7,555 1,356 4,437 .. 1,551 1,880
7,945 1,400 4,199 .. 1,612 2,164
8,485 1,608 4,435 .. 1,781 2,448
8,725 .. .. .. 1,954 1,916
238.9 .. 9.2 15.1
222.6 30.7 9.5 16.2
136.0 22.0 4.2 72.6
91.2 14.4 12.5 197.7
56.8 10.2 0.4 243.9
82.5 14.5 0.3 187.2
96.8 18.3 0.7 157.3
.. 22.2 .. 98.9
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
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 (%) Reserves to external debt stocks (%)
Notes: Short-term debt before 2007 is based on data from the BIS. Data include the effects of Paris Club restructuring agreements signed in 2006 and 2009 and HIPC and MDRI debt relief.
74
HONDURAS (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
5,474 4,860 373 35 241
5,135 4,620 320 11 195
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
7,331 6,639 507 3 185
4,860 4,300 4,198 102 0 560 ..
4,620 4,111 4,073 38 0 509 ..
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 ..
6,639 5,527 4,232 1,295 1,051 1,112 ..
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 ..
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 ..
899 581 455 125 0 318 ..
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 ..
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 ..
492 111 108 2 0 381 ..
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 ..
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 ..
198 178 92 86 82 20 ..
42 84 -42 20 3 18 -63
155 159 -4 57 4 54 -61
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
396 341 55 60 123 -63 -5
382 ..
537 ..
443 ..
469 ..
958 ..
1,006 ..
820 ..
1,144 ..
6,885 4,001 5,047 160 484 1,313
9,219 3,817 6,016 479 1,805 2,327
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
17,247 6,747 11,568 1,220 2,920 2,495
17,134 6,433 11,431 1,169 3,136 2,982
18,062 .. .. .. 3,353 3,432
136.8 79.5 9.9 24.0
134.6 55.7 10.0 45.3
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 39.9 14.4 43.7
.. 40.6 .. 46.8
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
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 (%) Reserves to external debt stocks (%)
Notes: Data include the effects of HIPC and MDRI debt relief.
75
INDIA (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
101,130 96,781 3,462 0 888
121,195 111,406 8,816 0 974
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
429,742 330,910 92,706 0 6,127
463,230 371,892 85,574 0 5,764
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
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 80,984 54,668 24,007 159,956 7,848
330,910 135,826 80,764 55,062 21,910 195,084 8,286
371,892 164,122 75,444 88,678 50,811 207,770 6,731
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
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
70,314 14,108 6,673 7,435 2,045 56,206 1,224
130,057 47,051 6,205 40,846 29,116 83,006 819
Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds
6,425 6,176 3,217 2,959 0 249 35
19,384 12,470 2,701 9,769 8,457 6,914 117
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
28,931 10,756 4,004 6,752 4,153 18,176 833
80,937 14,398 7,437 6,961 150 66,538 2,347
Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds
3,993 3,363 1,422 1,941 143 630 224
4,196 3,022 1,062 1,960 1,799 1,174 141
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
11,078 1,948 867 1,081 256 9,131 375
3,635 28 3,607 4,078 4,026 51 -471
1,949 1,124 825 -1,127 -6,964 5,837 1,952
18,437 3,048 15,389 12,607 2,011 10,596 2,782
35,457 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
40,739 2,670 38,070 38,713 683 38,030 -643
41,989 -1,232 43,221 50,353 33,885 16,468 -7,132
3,584 2,481
7,269 12,151
34,111 24,689
27,357 30,442
34,643 -4,048
23,172 22,809
26,713 19,892
31,602 12,369
471,633 62,453 80,489 .. 12,883 37,902
828,316 160,228 194,154 5,244 22,125 131,924
1,357,362 274,580 349,529 12,279 49,204 265,182
1,690,504 357,996 464,622 21,763 53,480 275,277
1,819,846 456,523 579,253 23,760 62,499 271,285
1,810,369 453,744 610,650 16,389 68,821 270,587
1,838,845 478,989 593,029 12,555 69,970 276,493
2,041,568 497,403 594,295 17,767 70,389 303,455
161.9 21.4 17.1 37.5
75.6 14.6 14.9 108.9
93.3 18.9 6.0 103.5
81.5 17.3 6.8 94.4
73.8 18.5 6.4 80.5
87.1 21.8 6.8 68.5
89.7 23.4 8.1 64.3
93.1 22.7 18.6 65.5
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
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
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 (%) 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.
76
INDONESIA (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
143,655 110,818 21,688 4,632 11,149
141,820 122,649 11,023 0 8,148
179,395 152,240 24,050 0 3,105
198,268 162,171 33,047 0 3,050
219,619 178,405 38,173 0 3,041
252,555 205,258 44,253 0 3,044
266,134 216,974 46,110 0 3,050
293,397 243,948 46,580 0 2,869
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
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
178,405 108,786 66,502 42,283 35,501 69,620 14,112
205,258 128,044 61,518 66,526 60,551 77,214 9,337
216,974 129,249 55,741 73,508 67,720 87,725 11,121
243,948 143,068 50,722 92,346 83,838 100,880 12,556
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
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
55,702 18,942 3,202 15,740 15,536 36,761 1,470
50,567 13,330 3,883 9,447 8,647 37,237 2,590
66,221 21,284 3,183 18,101 14,219 44,938 1,170
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
20,432 7,063 6,134 929 0 13,368 588
23,975 5,846 5,214 632 0 18,129 411
25,165 6,132 5,156 976 0 19,032 1,771
29,527 6,430 5,152 1,278 230 23,097 1,560
32,166 6,088 5,049 1,039 0 26,077 510
37,582 8,641 5,014 3,627 2,745 28,941 715
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
4,301 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 3,484 1,507 1,977 1,655 2,048 1,145
5,951 3,475 1,376 2,098 1,811 2,477 1,104
7,967 3,966 1,170 2,796 2,549 4,001 1,083
8,140 4,373 1,304 3,069 2,830 3,766 1,185
-1,967 2,575 -4,542 -5,069 -2,019 -3,050 527
-6,611 -2,103 -4,508 -906 -258 -649 -3,602
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
32,255 -1,950 34,205 28,125 14,462 13,663 6,080
20,258 -1,166 21,424 19,567 8,407 11,160 1,857
29,109 -1,831 30,940 30,470 14,474 15,996 470
-4,550 -1,021
7,812 -165
4,982 787
12,447 2,132
16,278 -326
18,615 1,698
20,004 -1,856
22,108 3,259
150,317 73,079 66,903 3,574 1,190 28,502
271,958 97,017 101,533 9,525 5,420 33,140
520,695 127,243 121,192 8,848 6,793 63,563
734,396 168,570 168,056 12,844 6,916 92,908
866,422 215,578 218,103 17,975 6,924 106,539
891,242 213,656 242,169 18,166 7,212 108,837
883,425 207,635 240,923 17,395 7,614 96,364
860,716 200,953 233,658 19,422 8,551 108,836
196.6 95.6 22.8 19.8
146.2 52.1 20.9 23.4
141.0 34.5 19.6 35.4
117.6 27.0 17.4 46.9
101.9 25.3 14.4 48.5
118.2 28.3 16.8 43.1
128.2 30.1 19.6 36.2
146.0 34.1 23.1 37.1
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
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 (%) Reserves to external debt stocks (%)
77
IRAN, ISLAMIC REPUBLIC OF (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
8,024 4,709 3,008 0 308
21,543 10,506 10,686 0 352
18,247 7,295 8,787 0 2,165
20,030 6,156 11,613 0 2,261
17,344 4,815 10,320 0 2,209
7,406 4,271 943 0 2,192
7,006 4,025 777 0 2,204
5,495 3,042 486 0 1,967
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 .. ..
7,295 7,295 2,266 5,029 0 .. ..
6,156 6,156 2,024 4,132 0 .. ..
4,815 4,815 1,640 3,174 0 .. ..
4,271 4,271 1,456 2,815 0 .. ..
4,025 4,025 1,176 2,849 0 .. ..
3,042 3,042 918 2,125 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 .. ..
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 .. ..
0 0 0 0 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 .. ..
2,046 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 .. ..
396 396 263 133 0 .. ..
468 468 225 243 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 .. ..
274 274 73 201 0 .. ..
139 139 53 86 0 .. ..
110 110 46 64 0 .. ..
35 35 17 19 0 .. ..
33 33 24 8 0 .. ..
33 33 26 7 0 .. ..
-1,485 -1,308 -177 432 432 .. -609
1,440 344 1,096 663 663 .. 433
542 -156 698 -1,490 -1,490 .. 2,188
1,502 -216 1,718 -1,108 -1,108 .. 2,826
-2,466 -389 -2,077 -784 -784 .. -1,293
-9,805 -168 -9,637 -260 -260 .. -9,377
-540 -245 -295 -129 -129 .. -166
-759 -225 -534 -243 -243 .. -291
39 ..
2,889 ..
2,983 ..
3,649 ..
4,277 ..
4,662 ..
3,050 ..
2,105 ..
101,335 30,131 18,107 .. 536 ..
188,503 50,757 50,115 .. 1,032 ..
328,593 112,334 89,859 .. 1,072 ..
.. 98,191 88,815 .. 1,181 ..
.. 123,593 96,224 .. 1,330 ..
558,362 155,666 96,707 .. 1,330 ..
494,166 107,189 81,468 .. 1,330 ..
.. 101,962 74,578 .. 1,382 ..
26.6 7.9 9.7 ..
42.4 11.4 5.5 ..
16.2 5.6 2.2 ..
20.4 .. 1.9 ..
14.0 .. 1.3 ..
4.8 1.3 0.4 ..
6.5 1.4 0.4 ..
5.4 .. 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
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
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 (%) Reserves to external debt stocks (%)
Notes: Fiscal year-end for external debt data is March. Short-term debt is based on Central Bank data.
78
JAMAICA (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
4,716 3,818 785 142 113
6,466 5,848 559 167 58
11,026 9,917 699 174 410
14,085 11,876 1,021 146 1,188
14,250 12,086 931 140 1,234
14,223 11,276 1,712 73 1,235
12,923 10,241 1,443 44 1,239
14,046 11,528 1,472 50 1,046
3,818 3,715 2,396 1,320 1,004 103 ..
5,848 5,458 2,078 3,380 3,043 390 300
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
11,276 7,366 3,164 4,202 3,724 3,910 3,840
10,241 7,421 3,318 4,103 3,686 2,820 2,750
11,528 7,957 3,397 4,559 4,181 3,571 2,750
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
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
1,402 401 375 26 0 1,001 1,000
1,898 1,145 293 852 800 752 ..
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 ..
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
347 345 224 122 48 1 ..
497 495 182 313 243 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
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
611 404 67 338 325 206 201
439 17 421 443 506 -64 -21
331 -131 462 941 642 298 -479
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
818 153 664 904 -96 1,000 -240
1,297 -15 1,313 1,290 539 751 23
468 ..
660 ..
440 ..
183 ..
199 ..
413 122
593 5
551 140
8,662 3,782 4,970 290 892 1,054
10,561 4,322 6,972 454 1,762 2,170
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 4,906 8,396 190 2,158 1,996
13,708 4,644 8,178 216 2,161 1,818
.. 4,677 8,081 263 2,258 2,473
124.7 54.4 18.5 22.3
149.6 61.2 22.2 33.6
258.0 96.2 34.7 18.8
331.6 110.6 27.9 17.8
316.1 102.5 36.3 16.0
289.9 99.0 36.6 14.0
278.3 94.3 25.9 14.1
300.3 .. 33.0 17.6
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
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 (%) Reserves to external debt stocks (%) Notes: Short-term debt is based on data from the BIS.
79
JORDAN (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
11,063 6,183 4,396 102 484
12,904 6,901 5,742 0 260
14,427 5,643 8,518 0 266
17,073 7,767 9,049 1 257
17,669 7,818 9,594 1 257
18,484 8,105 9,737 1 642
23,173 11,000 10,873 1 1,300
24,256 11,775 10,887 1 1,593
6,183 6,183 5,243 940 583 .. ..
6,901 6,878 6,483 395 145 24 ..
5,643 5,445 5,137 308 145 198 ..
7,767 6,502 5,452 1,050 881 1,265 ..
7,818 6,317 5,291 1,026 866 1,501 ..
8,105 6,302 5,308 994 852 1,803 ..
11,000 8,855 5,494 3,361 3,237 2,145 ..
11,775 9,688 5,352 4,335 4,223 2,087 ..
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 .. ..
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 ..
2,273 1,979 979 1,000 1,000 294 ..
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 ..
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 ..
910 874 853 22 15 36 ..
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 ..
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 ..
287 254 125 130 129 33 ..
3,371 -73 3,445 -70 -70 .. 3,515
325 -131 456 121 146 -25 335
268 344 -76 2 -3 5 -78
1,551 159 1,392 862 738 124 530
421 -223 644 99 -26 125 545
921 537 384 241 -28 269 143
4,824 1,020 3,804 2,667 2,372 296 1,136
1,765 515 1,250 1,236 978 258 14
913 -17
1,984 169
2,413 -30
1,651 -21
1,474 109
1,497 53
1,747 158
1,760 ..
8,558 4,207 6,363 33 1,845 3,331
12,925 7,426 12,314 72 2,421 5,250
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
30,549 14,997 24,053 821 3,490 8,090
33,255 15,062 25,088 845 3,643 13,224
35,410 16,387 26,093 .. 3,757 15,299
263.0 129.3 20.1 30.1
173.8 99.8 11.9 40.7
120.0 59.3 6.0 81.0
125.2 65.1 5.8 76.5
122.2 61.8 6.6 64.9
123.3 60.5 6.5 43.8
153.9 69.7 6.6 57.1
148.0 68.5 8.5 63.1
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
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 (%) 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.
80
KAZAKHSTAN (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
12,890 11,481 961 0 448
43,857 35,263 8,102 0 491
109,734 102,210 6,985 0 539
119,145 109,751 8,864 0 529
124,317 115,033 8,756 0 528
135,498 125,883 9,086 0 528
149,653 139,627 9,497 0 529
157,595 147,111 9,986 67 498
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
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
139,627 12,266 5,331 6,935 6,925 127,361 11,790
147,111 15,080 5,645 9,435 9,425 132,031 13,682
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
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
45,774 5,445 820 4,625 4,625 40,329 6,684
39,152 3,376 876 2,500 2,500 35,776 6,692
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 ..
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
28,341 409 409 0 0 27,932 4,210
27,854 459 459 0 0 27,395 3,092
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
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
2,257 147 68 79 78 2,110 655
2,980 405 57 348 347 2,575 1,115
1,061 -407 1,469 873 373 501 595
9,950 -820 10,770 6,610 -72 6,683 4,160
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
10,865 486 10,379 10,048 2,310 7,738 331
17,844 411 17,432 17,022 4,625 12,397 410
11,720 417 11,303 10,881 2,500 8,381 422
1,283 19
237 150
4,183 38
4,162 134
5,907 8
7,266 -418
5,157 65
7,051 ..
17,038 10,480 10,362 1,046 122 1,594
51,757 31,380 32,008 4,805 62 6,084
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
206,592 90,998 89,528 22,722 207 19,127
189,248 88,745 79,405 .. 209 21,525
123.0 75.7 32.4 12.4
139.8 84.7 41.9 13.9
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
164.5 72.4 34.0 12.8
177.6 83.3 35.1 13.7
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
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 (%) Reserves to external debt stocks (%)
81
KENYA (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
6,189 5,216 798 47 175
6,496 5,785 499 21 212
8,600 6,731 1,012 73 858
8,812 6,989 1,005 80 817
10,492 7,771 1,622 100 1,100
11,759 9,024 1,442 93 1,293
13,655 9,830 2,353 111 1,471
16,179 12,605 2,247 84 1,328
5,216 5,041 4,559 482 0 175 ..
5,785 5,785 5,421 363 0 .. ..
6,731 6,731 6,379 352 0 .. ..
6,989 6,989 6,679 311 0 .. ..
7,771 7,771 7,451 320 0 .. ..
9,024 9,024 8,086 938 0 .. ..
9,830 9,830 8,885 946 0 .. ..
12,605 12,605 10,301 2,303 2,000 .. ..
Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds
333 333 248 85 0 .. ..
169 169 140 28 0 .. ..
538 538 510 27 0 .. ..
530 530 519 12 0 .. ..
1,073 1,073 1,050 23 0 .. ..
1,682 1,682 1,005 677 0 .. ..
1,235 1,235 1,221 14 0 .. ..
4,397 4,397 2,391 2,006 2,000 .. ..
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 ..
259 259 256 3 0 .. ..
260 260 256 4 0 .. ..
290 290 283 7 0 .. ..
357 357 347 10 0 .. ..
338 338 321 17 0 .. ..
952 952 333 619 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 ..
73 73 67 6 0 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 .. ..
197 197 169 29 0 .. ..
-31 9 -40 -81 -36 -45 41
-458 -149 -310 -56 -46 -10 -254
565 446 119 24 24 .. 95
231 237 -6 8 8 .. -14
1,674 1,060 614 17 17 .. 597
1,343 848 495 668 668 .. -173
1,963 1,074 889 -4 -4 .. 893
3,308 2,000 1,308 1,387 1,387 .. -79
111 -6
6 3
32 3
89 22
40 20
49 26
71 260
467 954
12,576 2,821 3,941 29 538 898
18,732 5,416 6,921 35 425 1,799
36,977 7,567 11,514 60 631 3,849
39,852 9,127 13,823 60 686 4,320
41,960 10,130 16,631 105 934 4,264
50,263 11,205 18,270 111 1,211 5,711
54,622 10,951 18,959 124 1,304 6,598
60,611 11,290 21,407 214 1,441 7,911
219.4 49.2 21.0 14.5
119.9 34.7 10.0 27.7
113.7 23.3 5.1 44.8
96.5 22.1 4.4 49.0
103.6 25.0 4.3 40.6
104.9 23.4 5.3 48.6
124.7 25.0 5.9 48.3
143.3 26.7 11.0 48.9
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
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 (%) Reserves to external debt stocks (%) Notes: Short-term debt is based on data from the BIS.
82
KOSOVO (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
.. .. .. .. ..
.. .. .. .. ..
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
2,221 1,315 675 0 231
2,242 1,258 780 0 204
Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds
.. .. .. .. .. .. ..
.. .. .. .. .. .. ..
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 ..
1,315 300 300 0 0 1,015 ..
1,258 273 271 2 0 985 ..
Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds
.. .. .. .. .. .. ..
.. .. .. .. .. .. ..
90 0 0 0 0 90 ..
169 0 0 0 0 169 ..
158 7 7 0 0 152 ..
109 5 5 0 0 105 ..
145 8 8 0 0 136 ..
76 22 19 3 0 54 ..
Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds
.. .. .. .. .. .. ..
.. .. .. .. .. .. ..
269 208 208 0 0 61 ..
76 14 14 0 0 61 ..
85 17 17 0 0 68 ..
94 15 15 0 0 79 ..
101 15 15 0 0 86 ..
93 15 15 0 0 78 ..
Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds
.. .. .. .. .. .. ..
.. .. .. .. .. .. ..
44 23 23 0 0 22 ..
34 11 11 0 0 23 ..
38 12 12 0 0 26 ..
33 11 11 0 0 22 ..
42 12 12 0 0 29 ..
44 12 12 0 0 32 ..
.. .. .. .. .. .. ..
.. .. .. .. .. .. ..
448 -208 656 29 .. 29 627
-244 14 -258 108 .. 108 -366
75 -10 85 84 .. 84 1
331 109 221 25 .. 25 196
63 -10 74 51 .. 51 23
74 -10 83 -22 3 -24 105
.. ..
.. ..
376 ..
439 ..
478 ..
260 1
223 -1
154 ..
.. .. .. .. .. ..
.. .. .. .. .. ..
5,740 1,170 3,101 102 1,055 830
5,919 1,333 3,377 130 997 846
6,854 1,670 4,018 148 1,122 742
6,698 1,477 3,495 65 1,059 1,108
7,235 1,520 3,596 97 1,122 1,103
7,415 1,731 3,861 98 1,192 906
.. .. .. ..
.. .. .. ..
147.5 30.1 26.8 48.1
109.2 24.6 8.3 58.2
101.8 24.8 7.4 43.6
135.6 29.9 8.6 55.3
146.1 30.7 9.7 49.7
129.5 30.2 8.8 40.4
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
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 (%) Reserves to external debt stocks (%)
83
KYRGYZ REPUBLIC (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
1,938 1,510 129 10 298
2,257 1,825 132 3 299
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
7,257 6,636 313 1 308
1,510 1,220 1,184 37 0 290 ..
1,825 1,665 1,665 0 0 161 ..
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 ..
6,636 3,222 3,222 0 0 3,414 ..
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 ..
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 ..
927 479 479 0 0 449 ..
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 ..
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 ..
309 57 57 0 0 252 ..
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 ..
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 ..
69 41 41 0 0 28 ..
152 143 9 -60 0 -60 69
-150 47 -196 -1 .. -1 -195
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
617 416 201 196 .. 196 5
-2 ..
47 0
178 1
231 -18
547 5
112 0
228 -2
182 6
1,288 590 753 37 9 239
2,372 963 1,501 36 313 570
4,509 2,354 3,763 118 982 1,494
4,489 2,408 4,117 248 1,266 1,604
5,539 3,159 5,591 611 1,709 1,703
6,436 2,951 6,687 111 2,031 1,903
7,045 3,131 7,053 227 2,278 2,099
7,177 2,829 6,793 153 2,243 1,805
328.5 150.5 30.2 12.3
234.4 95.1 14.8 25.2
175.0 91.4 11.4 36.3
170.8 91.7 23.1 39.0
173.7 99.0 13.0 31.0
204.2 93.6 11.8 31.6
217.3 96.6 12.4 30.8
256.5 101.1 14.2 24.9
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
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 (%) 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.
84
LAO PEOPLE'S DEMOCRATIC REPUBLIC (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
2,535 2,474 6 0 55
3,277 3,179 55 0 43
6,383 6,089 199 0 95
6,487 6,381 18 0 88
7,547 7,402 62 0 83
8,169 8,042 47 0 79
9,426 8,545 803 0 78
10,724 9,780 871 0 73
2,474 2,474 2,474 0 0 .. ..
3,179 2,354 2,354 0 0 825 ..
6,089 3,464 3,464 0 0 2,625 ..
6,381 3,771 3,768 3 0 2,610 ..
7,402 4,277 4,272 5 0 3,125 ..
8,042 4,542 4,536 7 0 3,500 ..
8,545 5,146 4,995 151 143 3,398 ..
9,780 5,631 5,311 320 300 4,149 246
Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds
82 82 82 0 0 .. ..
544 222 222 0 0 321 ..
743 296 296 0 0 447 ..
427 282 280 3 0 144 ..
1,086 471 468 3 0 615 ..
867 417 416 1 0 450 ..
1,613 803 658 145 143 810 ..
1,610 764 595 169 157 846 246
Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds
23 23 23 0 0 .. ..
80 40 40 0 0 40 ..
150 61 61 0 0 89 ..
217 59 59 0 0 159 ..
208 108 108 0 0 100 ..
174 99 99 0 0 75 ..
197 106 106 0 0 92 ..
217 122 122 0 0 95 ..
Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds
9 9 9 0 0 .. ..
48 15 15 0 0 32 ..
72 29 29 0 0 43 ..
78 28 28 0 0 50 ..
101 51 51 0 0 50 ..
87 57 57 0 0 30 ..
133 75 74 1 1 58 ..
140 94 89 5 5 47 ..
58 52 6 .. .. .. 6
513 177 336 281 .. 281 55
621 230 391 358 .. 358 33
23 216 -193 -12 3 -14 -181
917 355 562 518 3 515 44
675 314 361 376 1 375 -15
2,170 551 1,619 863 145 718 756
1,461 473 988 920 169 751 68
34 ..
28 ..
319 ..
279 54
301 11
294 6
427 7
721 ..
1,660 513 638 .. 1 139
2,670 762 1,003 25 1 234
5,668 1,492 1,685 43 38 609
6,713 2,308 2,457 44 42 703
7,690 2,452 2,881 16 110 741
8,751 2,917 3,582 52 59 799
10,553 3,118 3,731 52 60 722
11,186 .. .. .. 60 875
493.9 152.7 8.0 5.5
429.8 122.7 17.6 7.2
427.9 112.6 15.3 9.5
281.1 96.6 13.0 10.8
307.8 98.1 12.8 9.8
280.0 93.3 9.1 9.8
302.3 89.3 10.6 7.7
.. 95.9 .. 8.2
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
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 (%) 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.
85
LEBANON (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
10,248 7,701 2,541 0 6
23,334 19,877 3,450 0 6
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
30,608 26,018 4,310 0 280
Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds
7,701 6,965 1,288 5,677 5,260 736 736
19,877 18,866 2,172 16,694 16,142 1,011 1,011
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
26,018 25,318 1,458 23,860 23,529 700 700
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
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 .. ..
1,675 1,675 91 1,584 1,575 .. ..
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
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 .. ..
1,583 1,583 260 1,324 1,271 .. ..
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
1,475 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
1,665 1,624 63 1,561 1,551 42 42
1,900 164 1,735 1,397 1,332 65 339
486 -37 524 1,045 780 265 -521
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
-123 -169 46 261 261 .. -215
.. ..
2,624 1,436
4,804 929
4,280 154
3,490 -145
3,540 -239
3,029 -134
3,070 ..
17,581 .. .. .. .. 5,944
21,101 14,958 18,768 95 4,924 11,887
34,912 23,137 31,705 95 7,558 29,103
37,501 22,177 32,179 209 6,914 31,514
40,194 26,687 34,071 184 6,913 33,741
43,242 23,343 33,681 213 6,730 37,186
44,021 21,004 34,245 345 7,864 36,748
45,009 19,883 33,486 .. 8,899 39,547
.. 58.3 .. 58.0
156.0 110.6 24.3 50.9
107.2 71.0 19.9 117.3
110.9 65.6 18.7 128.2
92.8 61.6 20.0 136.2
124.0 67.0 18.1 128.4
147.3 70.3 16.7 118.7
153.9 68.0 16.6 129.2
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
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 (%) Reserves to external debt stocks (%)
Notes: Long-term private nonguaranteed debt only cover Bonds. Short-term debt is based on data from the BIS.
86
LESOTHO (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
676.7 656.7 4.0 0.0 16.0
667.3 618.9 8.0 0.0 40.4
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
876.3 755.2 0.1 0.1 121.0
656.7 656.7 580.9 75.8 0.0 .. ..
618.9 618.9 590.6 28.4 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 .. ..
755.2 755.2 746.6 8.6 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 .. ..
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 .. ..
74.2 74.2 74.2 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 .. ..
24.6 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 .. ..
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 .. ..
7.4 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 .. ..
11.7 11.7 11.0 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
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 .. ..
45.0 45.2 -0.3 -0.3 -0.3 .. ..
32.4 ..
71.1 0.0
171.2 ..
170.2 ..
192.3 ..
89.3 ..
58.8 ..
46.4 ..
1,014.4 824.4 1,132.8 68.3 478.1 417.9
1,869.4 1,391.2 1,891.8 196.2 599.4 519.1
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
3,124.2 1,952.7 3,027.8 386.4 649.3 919.1
2,861.5 1,663.0 2,834.0 118.2 554.0 1,027.9
2,862.9 1,447.2 2,353.2 84.4 462.5 1,055.2
2,605.0 .. .. .. 456.5 1,070.8
82.1 66.7 7.5 61.8
48.0 35.7 5.7 77.8
51.3 35.9 2.6 156.0
46.6 30.0 2.1 137.6
40.8 25.5 2.0 115.2
51.7 30.1 2.3 119.5
61.2 30.9 2.8 119.2
.. 33.6 .. 122.2
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
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 (%) 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.
87
LIBERIA (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
2,836.3 1,104.0 1,412.6 1,412.6 319.7
3,928.0 1,156.5 2,421.8 2,421.8 349.7
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
487.2 208.5 12.0 12.0 266.7
541.0 239.7 11.4 11.4 289.9
633.1 305.9 0.0 0.0 327.2
1,104.0 1,104.0 907.3 196.8 0.0 .. ..
1,156.5 1,156.5 958.7 197.7 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 .. ..
239.7 239.7 239.7 0.0 0.0 .. ..
305.9 305.8 305.8 0.0 0.0 0.1 ..
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 .. ..
0.0 0.0 0.0 0.0 0.0 .. ..
0.0 0.0 0.0 0.0 0.0 .. ..
0.0 0.0 0.0 0.0 0.0 .. ..
20.3 20.3 20.3 0.0 0.0 .. ..
23.1 23.1 23.1 0.0 0.0 .. ..
35.1 35.1 35.1 0.0 0.0 .. ..
81.2 81.2 81.2 0.0 0.0 0.1 ..
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 .. ..
0.0 0.0 0.0 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 .. ..
4.6 4.6 4.6 0.0 0.0 .. ..
5.5 5.5 5.5 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 .. ..
0.0 0.0 0.0 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 .. ..
8.6 8.6 8.6 0.0 0.0 .. ..
-0.6 -0.6 .. .. .. .. ..
-0.1 -0.1 .. .. .. .. ..
13.3 13.3 .. .. .. .. ..
9.8 9.8 .. .. .. .. ..
31.8 31.8 .. .. .. .. ..
37.7 37.7 .. .. .. .. ..
53.0 53.0 .. .. .. .. ..
132.8 132.8 0.1 0.1 .. 0.1 ..
20.8 ..
3.5 ..
2.9 ..
0.0 ..
30.5 ..
646.6 ..
700.3 ..
302.0 ..
514.1 .. .. .. .. 0.3
394.4 354.7 1,317.7 7.1 31.9 25.4
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
1,581.5 709.6 2,317.1 232.2 515.8 497.2
1,645.0 850.0 2,362.0 252.9 383.4 493.1
1,694.0 .. .. .. 528.2 ..
.. 551.7 .. 0.0
1107.4 995.9 0.5 0.6
391.9 183.1 5.8 20.1
97.3 37.6 1.4 111.2
33.2 31.6 0.2 114.4
68.7 30.8 0.6 102.1
63.6 32.9 0.7 91.1
.. 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
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 (%) Reserves to external debt stocks (%)
Notes: 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.
88
MACEDONIA, FYR (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
1,480 1,333 55 4 92
2,981 2,108 800 9 74
5,247 3,731 1,413 30 103
5,159 3,840 1,218 64 101
6,131 4,132 1,597 80 403
6,469 4,376 1,690 109 404
6,737 4,941 1,392 129 404
7,241 5,746 1,222 125 273
1,333 1,206 921 284 0 127 ..
2,108 1,637 1,202 435 177 471 ..
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 ..
4,941 2,572 1,596 976 207 2,368 ..
5,746 3,140 1,691 1,449 789 2,606 ..
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 ..
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 ..
1,514 1,099 436 663 660 415 ..
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 ..
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 ..
661 186 162 24 0 475 ..
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 ..
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 ..
151 62 22 39 9 89 ..
59 58 2 5 0 5 -3
117 42 75 109 174 -65 -34
737 22 715 615 237 378 100
-75 101 -176 53 -2 55 -229
902 362 539 177 236 -59 362
222 51 171 108 83 24 64
12 113 -101 216 119 97 -317
575 162 413 579 639 -60 -166
215 ..
155 54
57 -14
202 -4
572 -8
142 -6
212 -1
13 -4
3,703 1,679 2,391 31 81 429
6,149 2,190 3,393 142 227 1,229
9,335 3,175 5,378 138 381 2,051
9,276 3,801 5,789 230 388 1,970
10,307 5,019 7,347 272 434 2,331
9,555 4,535 6,918 265 394 2,528
10,486 4,883 7,112 324 376 2,485
11,026 5,549 7,843 357 367 2,701
88.1 40.0 8.3 29.0
136.2 48.5 12.5 41.2
165.3 56.2 16.9 39.1
135.7 55.6 16.4 38.2
122.2 59.5 18.8 38.0
142.7 67.7 15.0 39.1
138.0 64.2 18.7 36.9
130.5 65.7 17.6 37.3
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
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 (%) Reserves to external debt stocks (%)
89
MADAGASCAR (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
4,716 4,286 301 203 129
3,519 3,180 99 72 240
2,788 1,855 649 189 284
2,699 1,997 425 188 278
2,810 2,106 430 188 273
2,930 2,200 463 192 267
2,872 2,271 345 52 256
2,853 2,300 286 43 267
4,286 4,286 4,247 39 0 .. ..
3,180 3,180 3,171 9 0 .. ..
1,855 1,836 1,829 7 0 19 ..
1,997 1,982 1,975 7 0 15 ..
2,106 2,093 2,086 7 0 12 ..
2,200 2,191 2,181 10 0 10 ..
2,271 2,263 2,229 34 0 8 ..
2,300 2,294 2,260 33 0 7 ..
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 .. ..
126 124 124 0 0 2 ..
198 198 197 0 0 .. ..
137 137 137 0 0 .. ..
138 138 135 3 0 .. ..
149 149 146 3 0 .. ..
189 189 187 2 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 .. ..
34 32 32 0 0 1 ..
37 36 36 0 0 1 ..
25 24 24 0 0 1 ..
44 42 42 0 0 2 ..
48 48 48 0 0 1 ..
54 53 53 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 .. ..
28 28 28 0 0 .. ..
15 15 15 0 0 0 ..
16 16 16 0 0 0 ..
16 16 16 0 0 0 ..
17 17 17 0 0 0 ..
17 17 17 0 0 0 ..
19 18 18 0 0 0 ..
45 122 -77 0 0 .. -76
244 218 26 -1 -1 .. 27
127 92 35 0 0 0 35
-65 160 -225 -1 .. -1 -224
115 109 5 -1 0 -1 6
116 87 29 1 3 -2 29
112 87 24 2 3 -1 22
112 161 -49 1 2 -1 -50
83 ..
53 ..
72 ..
65 0
41 ..
41 ..
32 ..
.. ..
3,807 1,210 1,584 4 11 285
4,960 1,353 2,251 65 115 481
8,459 1,954 4,066 105 338 982
8,643 2,241 3,616 120 547 1,023
9,720 2,733 4,016 162 398 1,135
9,631 2,867 4,223 276 397 1,053
10,279 3,205 4,461 249 427 776
10,317 .. .. .. 432 774
389.7 123.9 9.7 6.0
260.2 70.9 5.9 13.7
142.7 33.0 2.8 35.2
120.5 31.2 2.7 37.9
102.8 28.9 1.8 40.4
102.2 30.4 2.5 35.9
89.6 27.9 2.5 27.0
.. 27.6 .. 27.1
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
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 (%) Reserves to external debt stocks (%)
Notes: Data include the effects of HIPC and MDRI debt relief.
90
MALAWI (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
2,719 2,544 78 37 97
3,196 3,062 43 34 91
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
1,554 1,244 15 0 295
1,637 1,364 1 1 273
2,544 2,544 2,526 18 0 .. ..
3,062 3,062 3,043 18 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 .. ..
1,364 1,364 1,362 2 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 .. ..
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 .. ..
211 211 211 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 .. ..
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 .. ..
24 24 21 3 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 .. ..
7 7 7 0 0 .. ..
9 9 9 0 0 .. ..
14 14 14 0 0 .. ..
16 16 16 0 0 .. ..
83 85 -2 .. .. .. -2
42 47 -5 -3 -3 .. -2
67 85 -18 .. .. .. -18
83 89 -6 .. .. .. -6
162 193 -31 .. .. .. -31
108 130 -22 .. .. .. -22
227 220 7 .. .. .. 7
166 184 -18 -3 -3 .. -15
26 ..
88 -4
69 0
133 1
89 1
89 1
120 0
130 0
1,707 471 680 15 1 243
2,715 609 1,390 52 23 159
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
4,105 1,397 2,646 93 28 223
3,722 1,397 3,125 .. .. 413
4,087 1,558 3,276 .. .. 602
577.7 159.3 13.5 8.9
524.5 117.7 12.5 5.0
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
111.3 41.8 3.2 26.6
105.1 40.1 4.2 36.8
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
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 (%) 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.
91
MALAYSIA (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
41,946 37,192 4,573 0 181
64,911 51,537 13,176 0 199
119,611 73,806 43,695 0 2,110
133,800 80,450 51,276 0 2,073
144,898 78,128 64,704 0 2,067
193,880 99,201 92,610 0 2,069
212,387 107,502 102,812 0 2,073
210,820 105,037 103,833 0 1,950
37,192 19,125 4,950 14,175 9,836 18,067 18,067
51,537 34,387 6,542 27,845 24,585 17,150 17,150
73,806 53,717 4,092 49,626 45,670 20,089 20,089
80,450 61,858 3,750 58,108 51,638 18,593 18,593
78,128 60,647 3,263 57,384 52,735 17,481 17,481
99,201 67,392 2,980 64,412 61,762 31,809 30,213
107,502 70,365 2,463 67,901 66,044 37,137 35,722
105,037 66,237 2,071 64,166 62,581 38,800 37,388
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 2,461
10,378 6,195 981 5,215 5,164 4,183 4,183
12,554 9,634 47 9,587 8,815 2,920 2,920
9,938 6,014 18 5,996 2,339 3,923 3,923
12,354 3,311 10 3,301 2,892 9,043 9,043
24,260 8,870 514 8,356 8,033 15,390 13,794
18,484 7,887 56 7,831 7,227 10,597 9,842
11,115 1,173 0 1,173 1,173 9,942 9,369
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 2,129
7,192 4,752 1,218 3,534 2,036 2,440 2,440
7,750 5,351 1,053 4,298 2,959 2,399 2,399
3,564 1,863 688 1,176 0 1,701 1,701
4,551 3,608 625 2,983 750 943 943
4,171 3,304 604 2,701 380 867 867
8,995 1,681 300 1,381 9 7,313 6,376
9,876 2,547 269 2,277 2,009 7,329 6,754
Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds
2,021 1,159 259 900 599 862 862
1,858 1,208 314 894 746 650 650
1,746 876 124 752 652 870 870
1,708 1,024 97 927 771 684 684
1,563 1,017 86 931 853 545 545
2,053 1,293 79 1,214 1,084 760 760
2,451 1,251 69 1,182 1,117 1,200 1,187
2,540 1,233 72 1,161 1,136 1,307 1,288
337 606 -269 1,170 838 331 -1,439
4,929 -238 5,167 3,424 1,681 1,743 1,744
9,698 -1,006 10,705 5,810 5,289 521 4,895
13,955 -669 14,625 7,043 4,821 2,223 7,581
21,231 -614 21,846 8,418 317 8,101 13,428
47,995 -90 48,085 20,179 5,656 14,523 27,906
19,692 -245 19,936 9,735 6,450 3,284 10,202
2,261 -269 2,530 1,509 -1,104 2,613 1,021
3,788 ..
4,232 -1,200
706 -449
11,090 ..
14,827 ..
8,900 ..
11,171 ..
10,465 ..
86,182 114,356 103,944 7,173 342 28,330
137,212 166,725 142,268 8,330 1,117 69,858
198,224 197,562 160,181 11,119 1,131 95,432
239,358 243,301 209,534 15,298 1,103 104,884
282,200 281,911 241,520 18,105 1,211 131,780
293,285 279,255 254,714 18,385 1,320 137,784
302,328 274,038 257,485 18,408 1,396 133,444
315,509 221,355 243,230 .. 1,565 114,572
36.7 48.7 5.6 67.5
38.9 47.3 5.6 107.6
60.5 60.3 5.1 79.8
40.8 41.5 2.3 105.6
39.5 39.5 2.3 118.3
69.4 66.1 2.4 71.1
77.5 70.3 4.3 62.8
95.2 66.8 5.8 54.3
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
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 (%) 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.
92
MALDIVES (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
206.4 184.7 21.4 0.0 0.4
362.3 299.8 56.3 0.3 6.3
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
821.1 748.6 50.4 5.6 22.1
1,025.5 861.7 149.0 6.0 14.9
184.7 184.7 154.8 29.9 0.0 .. ..
299.8 299.8 250.2 49.6 0.0 .. ..
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 .. ..
748.6 748.6 669.5 79.1 0.0 .. ..
861.7 711.7 656.1 55.5 0.0 150.0 ..
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 .. ..
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 .. ..
204.3 54.3 54.0 0.3 0.0 150.0 ..
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 .. ..
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 .. ..
54.9 54.9 37.2 17.7 0.0 .. ..
58.7 58.7 41.6 17.0 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 .. ..
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 .. ..
9.7 9.7 8.9 0.8 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
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
-31.7 27.7 -59.4 -11.1 -11.1 .. -48.3
237.6 6.1 231.5 133.3 -16.7 150.0 98.2
22.3 ..
53.0 ..
158.0 -14.5
216.5 -10.4
423.5 2.3
228.0 -2.0
360.8 0.2
363.3 -1.2
594.3 467.5 492.0 34.4 2.2 122.8
1,088.9 495.4 910.4 31.0 2.3 189.0
1,893.9 1,718.0 1,758.2 235.9 4.5 275.6
2,021.2 2,011.5 2,008.5 271.9 3.2 364.3
2,152.3 2,459.0 2,610.6 266.5 3.0 348.7
2,255.0 2,503.6 2,430.6 234.5 3.1 318.3
2,335.4 2,935.1 2,767.6 333.9 3.3 381.9
2,619.9 3,288.4 3,130.9 350.3 3.5 627.4
44.1 34.7 4.2 59.5
73.1 33.3 6.3 52.2
56.2 51.0 5.2 28.6
49.4 49.2 4.0 36.6
39.6 45.2 3.7 35.8
33.7 37.5 3.2 37.7
28.0 35.2 2.4 46.5
31.2 39.1 2.3 61.2
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
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 (%) 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. 2014 Short-term debt is based on data from the BIS.
93
MALI (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
2,981 2,671 114 42 196
3,224 3,036 55 6 132
2,210 2,002 25 1 184
2,456 2,263 6 0 187
2,922 2,499 193 18 230
3,057 2,781 39 26 237
3,430 3,087 67 29 277
3,416 3,090 62 33 264
2,671 2,671 2,671 0 0 .. ..
3,036 3,036 3,032 5 0 .. ..
2,002 2,002 1,995 7 0 .. ..
2,263 2,263 2,258 5 0 .. ..
2,499 2,499 2,495 4 0 .. ..
2,781 2,781 2,777 3 0 .. ..
3,087 3,087 3,084 3 0 .. ..
3,090 3,090 3,088 1 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 .. ..
494 494 491 3 0 .. ..
304 304 304 0 0 .. ..
292 292 292 0 0 .. ..
277 277 277 0 0 .. ..
346 346 346 0 0 .. ..
265 265 265 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 .. ..
46 46 45 1 0 .. ..
39 39 38 1 0 .. ..
41 41 39 1 0 .. ..
33 33 32 0 0 .. ..
68 68 66 1 0 .. ..
54 54 53 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 .. ..
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 .. ..
25 25 25 0 0 .. ..
-31 42 -73 .. .. .. -73
219 210 8 3 3 .. 5
475 449 25 1 1 .. 24
253 272 -19 -1 -1 .. -18
466 298 168 -1 -1 .. 169
90 252 -162 0 0 .. -162
342 318 24 -1 -1 .. 25
206 216 -10 -1 -1 .. -9
82 0
160 9
645 -3
373 1
393 2
189 -4
95 -1
199 ..
2,392 665 1,046 76 73 382
5,099 1,443 2,108 190 177 854
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 3,427 4,495 445 827 1,341
10,679 3,384 5,794 393 895 1,306
11,583 .. .. .. 923 861
448.5 124.6 14.1 12.8
223.4 63.2 6.9 26.5
100.0 26.0 3.1 72.6
97.9 27.3 2.5 54.7
102.2 28.7 2.4 47.2
89.2 31.2 1.7 43.9
101.4 32.1 3.0 38.1
.. 29.5 .. 25.2
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
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 (%) 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.
94
MAURITANIA (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
2,390 2,028 251 112 111
2,321 2,071 167 109 83
2,289 1,984 192 134 113
2,683 2,301 237 76 145
2,815 2,485 151 77 178
3,308 2,901 196 76 211
3,529 3,102 201 75 226
3,522 3,135 178 73 210
2,028 2,028 2,009 19 0 .. ..
2,071 2,071 2,048 23 0 .. ..
1,984 1,984 1,972 12 0 .. ..
2,301 2,301 2,300 1 0 .. ..
2,485 2,485 2,485 0 0 .. ..
2,901 2,901 2,901 0 0 .. ..
3,102 3,102 3,102 0 0 .. ..
3,135 3,135 3,135 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 .. ..
407 407 407 0 0 .. ..
390 390 390 0 0 .. ..
256 256 256 0 0 .. ..
452 452 452 0 0 .. ..
296 296 296 0 0 .. ..
302 302 302 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 .. ..
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 .. ..
154 154 154 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 .. ..
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 62 62 0 0 .. ..
62 74 -11 -2 -2 .. -9
92 87 5 14 14 .. -9
246 355 -109 -1 -1 .. -108
451 359 92 -11 -11 .. 103
125 214 -88 -1 -1 .. -87
445 399 46 .. .. .. 46
210 204 6 .. .. .. 6
124 145 -21 .. .. .. -21
40 ..
812 ..
-3 ..
131 ..
589 ..
1,386 ..
1,126 ..
492 ..
1,307 .. .. .. .. 46
2,249 .. .. .. .. 64
3,594 1,641 2,176 .. .. 225
4,256 2,306 2,787 .. .. 272
4,967 3,124 3,522 .. .. 485
4,654 2,911 4,448 .. .. 949
4,863 2,957 4,360 .. .. ..
4,801 .. .. .. .. ..
.. 182.8 .. 1.9
.. 103.2 .. 2.8
139.5 63.7 4.7 9.8
116.4 63.1 4.9 10.1
90.1 56.7 3.9 17.2
113.6 71.1 4.9 28.7
119.3 72.6 5.6 ..
.. 73.4 .. ..
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
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 (%) Reserves to external debt stocks (%)
Notes: Short-term debt is based on data from the BIS. Data include the effects of MDRI debt relief.
95
MAURITIUS (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
967 946 0 0 21
805 782 0 0 23
2,265 821 1,292 0 152
2,734 1,107 1,478 0 149
9,574 7,720 1,706 0 149
10,218 7,161 2,908 1 149
10,916 7,909 2,858 0 149
11,288 7,554 3,595 1 140
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 ..
821 740 655 85 0 81 ..
1,107 1,007 888 119 0 100 ..
7,720 1,215 1,098 116 0 6,505 ..
7,161 1,409 1,298 110 0 5,752 ..
7,909 1,774 1,679 95 0 6,135 ..
7,554 1,842 1,771 71 0 5,712 ..
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 ..
287 218 199 19 0 69 ..
425 356 293 63 0 69 ..
4,627 298 269 29 0 4,329 ..
3,719 250 239 11 0 3,469 ..
3,934 406 406 0 0 3,528 ..
2,924 291 291 0 0 2,633 ..
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 ..
122 85 52 33 0 37 ..
118 69 45 24 0 49 ..
3,341 77 49 28 0 3,264 ..
3,030 64 45 19 0 2,966 ..
3,276 66 46 20 0 3,210 ..
3,170 114 100 14 0 3,056 ..
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 ..
21 20 16 4 0 1 ..
18 17 15 2 0 1 ..
78 23 20 4 0 55 ..
73 27 24 3 0 46 ..
76 26 24 2 0 50 ..
298 29 28 1 0 269 ..
-273 -12 -261 -261 -254 -6 ..
-59 -24 -35 -35 -25 -10 ..
1,458 147 1,310 18 -14 32 1,292
492 249 243 58 38 20 185
1,514 220 1,294 1,066 1 1,065 228
1,891 194 1,697 495 -8 503 1,202
608 360 248 297 -20 317 -49
490 192 298 -438 -14 -423 736
266 -4
42 36
257 206
430 ..
433 ..
589 ..
259 ..
418 ..
4,553 2,671 2,772 8 177 897
6,276 3,899 4,284 34 1 1,340
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
11,942 12,268 12,926 4,331 1 3,340
12,419 13,089 13,578 4,204 1 3,615
36.2 21.2 17.0 92.8
20.6 12.8 5.8 166.4
48.9 25.8 3.4 96.2
26.8 27.8 1.5 89.3
137.1 84.9 49.3 27.0
127.0 89.0 39.1 27.8
89.0 91.4 27.7 30.6
86.2 90.9 26.8 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
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
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 (%) 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.
96
MEXICO (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
152,260 132,951 18,932 0 378
170,520 147,905 22,201 0 415
193,343 163,318 25,555 0 4,470
245,906 198,455 43,061 0 4,391
291,833 234,924 52,532 0 4,377
348,945 268,863 75,700 0 4,382
406,042 308,990 92,661 0 4,391
432,602 337,324 91,147 0 4,131
132,951 82,470 20,892 61,577 53,693 50,481 20,644
147,905 115,246 18,789 96,457 75,294 32,658 16,943
163,318 118,878 21,085 97,793 78,522 44,440 21,444
198,455 145,925 25,975 119,950 97,656 52,529 32,898
234,924 164,252 28,162 136,090 115,543 70,672 47,393
268,863 195,795 29,850 165,945 147,704 73,067 54,967
308,990 219,687 31,082 188,604 158,176 89,303 80,400
337,324 238,410 31,529 206,881 175,735 98,914 84,752
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
29,393 18,588 2,309 16,278 13,541 10,806 6,669
37,074 26,995 8,572 18,423 16,114 10,079 5,067
54,656 41,812 6,166 35,646 26,489 12,844 11,298
57,056 31,408 4,518 26,890 24,189 25,649 18,065
92,888 42,307 3,099 39,207 36,167 50,582 31,005
87,458 39,657 2,875 36,783 17,413 47,801 43,355
58,509 32,898 2,465 30,434 26,099 25,610 17,759
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
22,318 11,873 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
29,391 8,998 1,475 7,523 4,591 20,393 9,166
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
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
16,659 10,287 763 9,524 9,197 6,372 4,606
18,178 10,260 732 9,528 8,722 7,918 6,347
-15,566 -4,830 -10,736 -5,606 -4,322 -1,284 -5,130
6,181 -221 6,402 4,513 3,123 1,390 1,889
16,133 6,777 9,356 7,979 8,346 -367 1,377
50,480 4,487 45,992 28,486 23,384 5,103 17,506
37,819 2,570 35,249 25,778 16,454 9,324 9,471
80,643 1,609 79,035 55,867 32,197 23,670 23,168
84,219 1,448 82,770 65,809 25,999 39,810 16,961
27,603 990 26,614 28,128 22,911 5,217 -1,514
18,110 447
17,302 3,353
16,099 4,155
20,189 373
18,603 -6,566
12,867 9,877
37,324 -943
17,471 4,833
668,631 185,853 211,589 6,076 7,525 35,509
850,654 235,187 266,281 8,486 22,742 74,054
879,995 251,597 281,511 8,742 22,076 99,589
1,046,859 324,906 351,466 9,682 22,080 120,265
1,150,164 376,155 412,434 13,028 23,588 143,991
1,161,265 400,742 439,177 16,922 23,366 160,413
1,224,887 412,165 463,853 26,789 23,022 175,432
1,248,338 427,894 477,259 16,581 24,460 190,923
81.9 22.8 31.6 23.3
72.5 20.0 15.5 43.4
76.8 22.0 12.6 51.5
75.7 23.5 10.1 48.9
77.6 25.4 11.2 49.3
87.1 30.0 17.7 46.0
98.5 33.1 10.1 43.2
101.1 34.7 12.2 44.1
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
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 (%) Reserves to external debt stocks (%)
97
MOLDOVA (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
1,843 1,047 489 22 308
2,219 1,238 718 56 264
3,715 2,011 1,366 38 338
4,725 2,745 1,471 37 509
5,209 2,899 1,655 42 655
5,760 3,205 1,762 52 793
6,491 3,579 2,139 56 773
6,463 3,653 2,112 60 699
1,047 850 743 107 75 197 ..
1,238 698 664 34 25 540 ..
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 ..
3,653 1,003 979 24 0 2,650 ..
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 ..
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 ..
437 161 156 5 0 276 ..
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 ..
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 ..
456 61 54 8 0 394 ..
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 ..
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 ..
63 16 15 1 0 47 ..
560 13 547 82 0 82 465
157 -31 188 84 -7 91 104
-42 -21 -21 -13 4 -18 -8
439 217 223 117 -3 119 106
494 169 325 145 6 140 180
414 207 207 111 7 104 96
492 5 487 113 -1 114 373
-80 73 -153 -121 -3 -119 -32
128 3
107 1
150 2
172 6
231 5
134 14
180 10
215 10
1,310 780 1,089 3 179 222
3,347 1,871 2,673 45 915 597
5,746 2,308 3,975 141 1,199 1,480
6,297 2,725 4,463 152 1,351 1,718
7,580 3,636 5,903 257 1,600 1,965
8,127 3,781 5,882 117 1,793 2,511
8,850 4,200 6,306 165 1,985 2,818
8,740 4,011 6,192 162 2,075 2,154
236.2 140.7 20.0 12.1
118.6 66.3 13.6 26.9
161.0 64.7 16.9 39.8
173.4 75.0 14.5 36.4
143.2 68.7 12.8 37.7
152.4 70.9 15.2 43.6
154.5 73.3 16.0 43.4
161.1 74.0 14.7 33.3
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
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 (%) Reserves to external debt stocks (%)
98
MONGOLIA (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
960 833 13 2 114
1,396 1,267 25 0 105
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
18,893 17,189 1,563 4 140
20,826 18,379 2,374 0 73
833 833 831 3 0 .. ..
1,267 1,267 1,266 0 0 .. ..
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
17,189 3,540 2,035 1,505 1,500 13,650 900
18,379 3,498 1,995 1,503 1,500 14,881 919
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 .. ..
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
3,867 425 425 0 0 3,442 ..
2,058 180 180 0 0 1,878 19
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 .. ..
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 ..
871 63 60 3 0 808 ..
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 .. ..
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 59 22 38 38 337 79
389 23 22 1 1 366 80
45 58 -12 -3 -3 .. -9
-73 69 -142 0 0 .. -142
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
3,546 264 3,282 2,625 -3 2,628 657
1,940 58 1,882 1,067 -3 1,070 815
54 ..
185 ..
488 4
1,331 680
1,501 9
1,487 15
377 3
278 -1
1,132 627 791 9 12 179
2,472 1,494 1,635 41 180 333
4,388 2,322 2,850 121 200 1,294
6,591 3,423 4,496 464 266 2,197
9,566 5,481 8,480 632 279 2,275
11,343 5,402 9,004 594 320 3,930
11,835 5,030 8,364 282 256 2,096
11,187 6,407 7,955 .. 255 1,540
153.2 84.8 6.6 18.6
93.5 56.5 3.0 23.9
128.6 68.0 5.3 43.4
173.2 89.9 7.0 37.1
175.6 100.6 4.6 23.6
284.8 135.6 22.4 25.5
375.6 159.6 27.9 11.1
325.1 186.2 21.2 7.4
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
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 (%) 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.
99
MONTENEGRO (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
.. .. .. .. ..
.. .. .. .. ..
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
3,023 2,442 541 0 40
2,454 2,365 52 0 37
Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds
.. .. .. .. .. .. ..
.. .. .. .. .. .. ..
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 ..
2,442 2,366 1,203 1,162 634 77 ..
2,365 2,285 1,095 1,190 786 80 ..
Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds
.. .. .. .. .. .. ..
.. .. .. .. .. .. ..
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 ..
493 463 94 369 369 30 ..
Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds
.. .. .. .. .. .. ..
.. .. .. .. .. .. ..
25 23 22 1 0 2 ..
61 60 33 27 0 2 ..
127 124 43 81 0 2 ..
174 166 48 118 0 8 ..
269 254 85 170 0 14 ..
176 159 81 78 12 16 ..
Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds
.. .. .. .. .. .. ..
.. .. .. .. .. .. ..
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 ..
91 90 23 67 40 1 ..
.. .. .. .. .. .. ..
.. .. .. .. .. .. ..
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
98 -8 106 103 98 5 3
-172 13 -184 305 291 13 -489
.. ..
.. ..
1,359 -5
566 -8
438 -15
535 0
330 14
272 16
.. .. .. .. .. ..
.. .. .. .. .. ..
4,149 1,663 2,933 91 303 573
4,082 1,722 2,826 99 301 556
4,532 2,198 3,152 45 343 393
4,115 1,975 2,918 33 333 459
4,504 2,125 2,938 28 423 584
4,644 2,142 2,992 71 431 661
.. .. .. ..
.. .. .. ..
141.7 56.8 4.1 24.3
93.1 39.3 5.7 34.7
107.1 51.9 9.7 16.7
143.3 68.8 13.6 16.2
142.3 67.1 17.5 19.3
114.6 52.9 12.6 26.9
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
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 (%) 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.
100
MOROCCO (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
20,618 18,933 1,573 122 112
16,254 15,449 682 0 122
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
39,243 33,027 5,351 0 865
42,772 34,351 7,607 0 813
18,933 17,071 12,679 4,392 152 1,862 ..
15,449 12,398 10,075 2,323 472 3,051 ..
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 ..
33,027 28,260 21,927 6,333 3,629 4,768 ..
34,351 29,780 20,894 8,885 5,314 4,572 ..
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 ..
4,551 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 ..
7,486 4,407 3,241 1,166 750 3,079 ..
8,244 6,157 2,788 3,369 1,850 2,087 ..
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 ..
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 ..
3,733 1,893 1,662 231 0 1,841 ..
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 ..
678 612 523 89 0 66 ..
850 819 731 88 0 31 ..
757 722 571 152 62 35 ..
785 750 587 163 57 35 ..
1,014 906 660 246 130 107 ..
962 900 517 384 256 62 ..
-449 -296 -153 302 -317 619 -455
831 259 573 59 -481 540 514
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
4,672 1,684 2,988 1,804 902 902 1,183
6,767 1,126 5,641 3,385 3,138 246 2,256
221 18
899 64
2,456 -4
1,369 132
2,076 166
2,092 -108
3,213 43
3,582 ..
36,053 10,729 13,686 268 2,161 4,823
58,760 17,281 21,616 594 4,589 16,187
88,519 24,924 37,346 1,753 6,269 22,797
88,304 27,913 39,109 1,445 6,423 22,613
96,119 32,649 48,764 2,086 7,256 19,526
92,687 32,954 49,913 2,092 6,508 16,356
101,042 33,086 49,667 1,279 6,882 18,404
104,106 31,721 45,883 .. 6,962 19,555
192.2 57.2 25.3 23.4
94.1 27.7 15.8 99.6
98.9 27.9 13.7 92.4
97.6 30.9 11.8 83.0
91.6 31.1 9.9 65.3
102.6 36.5 10.9 48.4
118.6 38.8 15.3 46.9
134.8 41.1 15.1 45.7
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
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 (%) Reserves to external debt stocks (%)
Notes: Short-term debt before 2009 is based on data from the BIS.
101
MOZAMBIQUE (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
5,613 4,693 560 404 361
4,392 3,366 714 525 312
4,138 3,165 632 465 342
3,747 2,909 480 381 357
4,093 3,604 134 5 355
4,878 4,324 201 31 353
7,010 6,229 430 41 351
7,793 7,107 359 54 327
4,693 4,693 4,682 11 0 .. ..
3,366 3,366 3,364 2 0 .. ..
3,165 3,165 3,136 28 0 .. ..
2,909 2,909 2,811 98 0 .. ..
3,604 3,604 3,374 230 0 .. ..
4,324 4,324 4,062 262 0 .. ..
6,229 6,229 5,098 1,131 850 .. ..
7,107 7,107 5,962 1,145 850 .. ..
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 .. ..
446 446 422 23 0 .. ..
373 373 294 79 0 .. ..
497 497 346 151 0 .. ..
745 745 714 31 0 .. ..
1,961 1,961 1,089 872 850 .. ..
1,210 1,210 1,154 56 0 .. ..
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 .. ..
15 15 12 3 0 .. ..
38 38 30 8 0 .. ..
28 28 22 6 0 .. ..
40 40 36 4 0 .. ..
85 85 70 14 0 .. ..
80 80 68 12 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 .. ..
23 23 23 0 0 .. ..
47 47 46 0 0 .. ..
27 27 27 0 0 .. ..
29 29 29 0 0 .. ..
51 51 49 2 0 .. ..
89 89 59 30 27 .. ..
83 157 -74 -1 -1 .. -73
125 297 -172 .. .. .. -172
620 564 56 20 20 .. 36
289 286 3 71 71 .. -68
497 322 174 144 144 .. 30
744 676 68 27 27 .. 41
2,093 1,016 1,077 858 858 .. 219
1,043 1,083 -40 44 44 .. -84
139 ..
60 0
242 0
410 0
1,383 0
216 ..
959 0
.. ..
4,075 769 1,763 0 37 723
6,219 2,186 3,350 284 59 1,054
10,458 2,909 4,893 240 111 2,099
9,834 3,102 5,245 214 139 2,159
13,055 4,027 7,891 234 157 2,469
14,936 5,105 12,305 54 220 2,770
15,576 5,442 12,653 78 217 3,142
16,369 .. .. .. 218 3,010
730.3 137.7 9.4 12.9
200.9 70.6 3.2 24.0
142.3 39.6 1.4 50.7
120.8 38.1 2.8 57.6
101.7 31.4 1.5 60.3
95.6 32.7 1.4 56.8
128.8 45.0 2.6 44.8
.. 47.6 .. 38.6
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
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 (%) Reserves to external debt stocks (%)
Notes: Short-term debt is based on data from the BIS. Data include HIPC and MDRI debt relief.
102
MYANMAR (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
5,875 5,328 492 492 55
6,674 5,815 796 796 63
8,104 6,671 1,061 1,061 373
8,217 6,646 1,181 1,181 390
8,192 6,620 1,191 1,191 381
7,840 6,486 977 977 378
7,251 5,978 893 893 380
6,351 5,260 752 752 339
5,328 5,328 4,283 1,045 0 .. ..
5,815 5,815 4,721 1,094 0 .. ..
6,671 6,671 5,539 1,132 0 .. ..
6,646 6,646 6,034 612 0 .. ..
6,620 6,620 6,014 605 0 .. ..
6,486 6,486 5,895 591 0 .. ..
5,978 5,978 5,399 579 0 .. ..
5,260 5,175 4,650 525 0 85 ..
Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds
38 38 35 3 0 .. ..
1 1 1 0 0 .. ..
0 0 0 0 0 .. ..
0 0 0 0 0 .. ..
0 0 0 0 0 .. ..
931 931 931 0 0 .. ..
0 0 0 0 0 .. ..
103 18 18 0 0 85 ..
Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds
6 6 2 4 0 .. ..
3 3 3 0 0 .. ..
4 4 4 0 0 .. ..
2 2 2 0 0 .. ..
1 1 1 0 0 .. ..
764 764 764 0 0 .. ..
54 54 54 0 0 .. ..
49 49 49 0 0 .. ..
Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds
1 1 0 0 0 .. ..
0 0 0 0 0 .. ..
1 1 1 0 0 .. ..
1 1 1 0 0 .. ..
1 1 1 0 0 .. ..
179 179 179 0 0 .. ..
13 13 13 0 0 .. ..
13 13 13 0 0 .. ..
31 33 -2 -2 -2 .. ..
-2 -2 .. .. .. .. ..
-4 -4 .. .. .. .. ..
-2 -2 .. .. .. .. ..
-1 -1 .. .. .. .. ..
167 167 .. .. .. .. ..
-54 -54 .. .. .. .. ..
54 -31 85 85 .. 85 ..
258 ..
235 ..
1,079 ..
901 ..
2,520 ..
1,334 ..
2,255 ..
946 ..
.. 2,145 2,627 135 104 223
.. 3,838 3,429 1,388 129 771
.. 6,347 5,794 1,811 54 5,252
.. 7,851 6,516 1,816 115 5,717
.. 8,658 10,614 1,955 127 7,004
73,934 9,745 11,555 2,396 275 6,964
57,366 11,530 13,472 2,344 229 ..
62,194 .. .. .. 232 ..
273.9 .. 0.4 3.8
173.9 .. 0.1 11.5
127.7 .. 0.1 64.8
104.7 .. 0.0 69.6
94.6 .. 0.0 85.5
80.5 10.6 9.7 88.8
62.9 12.6 0.6 ..
.. 10.2 .. ..
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
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 (%) 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.
103
NEPAL (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
2,878 2,826 29 0 23
3,191 3,112 47 0 32
3,778 3,552 44 0 183
3,789 3,509 61 0 219
3,828 3,530 84 0 214
3,888 3,571 113 0 204
4,087 3,649 250 0 189
4,010 3,512 333 0 165
2,826 2,826 2,821 5 0 .. ..
3,112 3,112 3,108 5 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 .. ..
3,571 3,571 3,569 2 0 .. ..
3,649 3,649 3,647 2 0 .. ..
3,512 3,512 3,511 1 0 .. ..
Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds
154 154 154 0 0 .. ..
196 196 196 0 0 .. ..
115 115 115 0 0 .. ..
126 126 126 0 0 .. ..
174 174 174 0 0 .. ..
235 235 235 0 0 .. ..
265 265 265 0 0 .. ..
238 238 238 0 0 .. ..
Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds
67 67 60 7 0 .. ..
86 86 85 1 0 .. ..
140 140 139 1 0 .. ..
148 148 148 0 0 .. ..
154 154 153 1 0 .. ..
175 175 175 0 0 .. ..
165 165 164 1 0 .. ..
165 165 165 0 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 .. ..
32 32 32 0 0 .. ..
32 32 32 0 0 .. ..
35 35 35 0 0 .. ..
33 33 33 0 0 .. ..
36 36 36 0 0 .. ..
40 40 40 0 0 .. ..
69 90 -21 -7 -7 .. -14
121 111 10 -1 -1 .. 11
-40 -27 -14 -1 -1 .. -13
34 17 17 0 0 .. 17
39 16 22 -1 -1 .. 23
78 50 29 0 0 .. 29
221 85 136 -1 -1 .. 137
143 61 83 0 0 .. 83
0 ..
2 ..
38 ..
88 ..
94 ..
92 ..
74 ..
6 ..
5,514 1,354 1,825 .. 111 945
8,153 1,423 2,803 57 1,212 1,499
13,008 1,752 5,153 9 2,983 2,769
16,125 1,781 5,995 50 3,464 2,937
19,018 2,150 6,588 59 4,217 3,631
19,003 2,177 6,969 34 4,793 4,307
19,393 2,516 7,618 25 5,589 5,293
20,025 2,748 8,666 25 5,770 6,027
212.5 52.2 7.6 32.9
224.2 39.1 8.5 47.0
215.7 29.0 10.1 73.3
212.7 23.5 10.6 77.5
178.0 20.1 9.2 94.8
178.6 20.5 10.3 110.8
162.5 21.1 8.8 129.5
145.9 20.0 8.2 150.3
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
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 (%) Reserves to external debt stocks (%)
Notes: Short-term debt for 2013 and 2014 is based on QEDS data reported by the country.
104
NICARAGUA (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
6,822 5,716 912 790 194
5,000 4,231 540 364 229
5,883 4,545 993 484 346
7,002 5,251 1,392 495 359
7,924 6,108 1,443 506 373
8,950 6,895 1,695 518 361
9,777 7,743 1,690 528 345
10,216 8,408 1,505 537 303
5,716 5,435 5,219 216 0 281 ..
4,231 3,939 3,867 72 0 292 ..
4,545 2,505 2,502 3 0 2,040 ..
5,251 2,683 2,680 3 0 2,567 ..
6,108 2,846 2,843 3 0 3,262 ..
6,895 3,055 3,051 3 0 3,840 ..
7,743 3,295 3,291 3 0 4,448 ..
8,408 3,564 3,561 3 0 4,844 ..
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 ..
868 291 291 0 0 578 ..
1,186 267 267 0 0 919 ..
1,399 239 239 0 0 1,159 ..
1,219 258 258 0 0 961 ..
1,246 287 287 0 0 960 ..
1,191 401 401 0 0 790 ..
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 ..
366 62 62 0 0 303 ..
456 56 56 0 0 400 ..
540 63 63 0 0 477 ..
453 53 53 0 0 400 ..
456 54 53 0 0 403 ..
532 63 63 0 0 469 ..
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 ..
121 37 37 0 0 84 ..
104 33 33 0 0 70 ..
121 39 39 0 0 82 ..
144 39 39 0 0 105 ..
150 45 45 0 0 106 ..
156 56 56 0 0 100 ..
350 179 172 169 -2 171 3
210 153 57 14 0 14 43
367 265 101 274 0 274 -173
1,138 230 907 518 0 519 389
914 191 722 683 0 683 40
992 192 800 561 0 561 240
759 217 542 557 0 557 -15
444 316 127 321 0 321 -194
267 ..
241 ..
434 ..
490 ..
936 ..
768 0
816 ..
840 ..
4,906 1,133 2,479 69 320 488
6,171 1,434 3,075 82 616 728
8,126 2,839 4,681 121 770 1,573
8,500 3,379 5,319 135 825 1,799
9,503 4,192 6,576 146 914 1,892
10,140 4,760 7,183 177 1,016 1,887
10,538 4,639 7,208 169 1,081 1,993
11,498 5,030 7,311 160 1,140 2,276
602.4 139.1 25.6 7.2
348.7 81.0 12.1 14.6
207.3 72.4 17.9 26.7
207.3 82.4 17.3 25.7
189.1 83.4 16.7 23.9
188.0 88.3 13.6 21.1
210.7 92.8 14.3 20.4
203.1 88.8 14.8 22.3
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
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 (%) 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.
105
NIGER (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
1,694 1,535 72 60 86
1,963 1,783 40 37 141
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
2,602 2,265 164 117 173
2,585 2,274 109 71 202
1,535 1,467 1,467 0 0 68 ..
1,783 1,750 1,750 0 0 33 ..
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 .. ..
2,265 2,265 2,265 0 0 .. ..
2,274 2,274 2,274 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 .. ..
211 211 211 0 0 .. ..
283 283 283 0 0 .. ..
747 747 747 0 0 .. ..
144 144 144 0 0 .. ..
225 225 225 0 0 .. ..
129 129 129 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 ..
29 22 22 0 0 7 ..
14 7 7 0 0 7 ..
18 18 18 0 0 .. ..
19 19 19 0 0 .. ..
26 26 26 0 0 .. ..
30 30 30 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 ..
8 8 8 0 0 0 ..
8 8 8 0 0 0 ..
10 10 10 0 0 .. ..
10 10 10 0 0 .. ..
11 11 11 0 0 .. ..
18 18 18 0 0 .. ..
52 73 -22 -2 .. -2 -20
109 119 -10 -7 .. -7 -3
227 194 33 -7 .. -7 40
309 281 28 -7 .. -7 35
711 725 -14 .. .. .. -14
76 136 -60 .. .. .. -60
180 208 -28 .. .. .. -28
131 140 -9 .. .. .. -9
8 0
23 1
-6 9
0 6
1,062 -4
526 20
446 ..
769 ..
1,782 334 485 2 14 81
3,396 602 1,095 21 66 251
5,362 1,186 2,657 84 102 656
5,674 1,332 2,916 17 134 760
6,362 1,433 3,208 60 166 673
6,807 1,665 3,015 179 152 1,015
7,498 1,820 3,265 181 146 1,167
8,040 .. .. .. 157 1,281
507.6 95.0 8.0 4.8
326.0 57.8 6.8 12.8
106.1 23.5 3.2 52.1
116.4 27.3 1.8 49.1
156.1 35.2 2.4 30.1
139.3 34.1 2.1 43.7
143.0 34.7 2.5 44.8
.. 32.1 .. 49.6
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
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 (%) 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.
106
NIGERIA (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
32,374 31,049 1,120 43 205
25,755 25,527 3 3 225
15,859 13,233 0 0 2,626
15,420 12,840 0 0 2,580
17,416 14,844 0 0 2,572
18,810 16,235 0 0 2,575
21,616 19,035 1 1 2,580
26,858 24,431 0 0 2,427
31,049 30,042 26,596 3,446 2,051 1,007 ..
25,527 20,248 18,039 2,209 1,442 5,279 ..
13,233 4,139 4,052 87 0 9,094 ..
12,840 4,627 4,627 0 0 8,213 ..
14,844 5,891 5,391 500 500 8,954 500
16,235 6,634 6,134 500 500 9,601 850
19,035 8,286 7,286 1,000 1,000 10,749 2,125
24,431 9,133 8,133 1,000 1,000 15,297 4,475
Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds
946 153 153 0 0 792 ..
2,449 379 345 34 0 2,070 ..
954 519 519 0 0 434 ..
1,543 1,057 1,057 0 0 486 ..
2,480 1,587 1,087 500 500 892 500
1,586 833 833 0 0 752 350
3,174 1,870 1,370 500 500 1,304 1,275
8,423 1,378 1,378 0 0 7,045 2,350
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 .. ..
648 323 297 26 0 325 ..
796 229 225 4 0 567 ..
408 256 256 0 0 152 ..
263 158 158 0 0 105 ..
353 203 203 0 0 150 ..
435 139 139 0 0 296 ..
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 .. ..
79 79 73 6 0 .. ..
55 55 54 0 0 .. ..
93 74 57 17 17 19 19
144 94 60 34 34 50 50
265 166 68 97 97 99 99
267 126 80 46 46 141 141
95 -762 857 616 -142 757 241
-1,414 -3,340 1,925 1,925 -145 2,070 ..
305 222 83 83 -26 109 0
746 831 -85 -85 -4 -81 ..
2,072 831 1,240 1,240 500 740 ..
1,323 675 648 648 .. 648 ..
2,821 1,167 1,654 1,654 500 1,154 ..
7,988 1,239 6,748 6,748 .. 6,748 ..
1,140 ..
4,983 751
8,534 487
5,988 2,161
8,590 2,571
7,033 10,003
5,608 5,577
4,694 1,045
40,238 21,183 15,383 2,279 1,392 9,911
98,881 57,149 35,773 2,603 14,640 28,280
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
438,746 99,048 100,602 22,430 20,633 46,405
492,501 101,122 103,900 .. 20,968 45,427
549,342 86,010 106,850 .. 20,968 36,669
152.8 80.5 8.8 30.6
45.1 26.0 15.4 109.8
26.7 10.2 1.2 282.2
18.8 4.4 1.0 226.5
17.3 4.5 0.5 202.2
19.0 4.3 0.4 246.7
21.4 4.4 0.6 210.2
31.2 4.9 0.8 136.5
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
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 (%) Reserves to external debt stocks (%)
Notes: Long-term private nonguaranteed debt data from 2005 are estimates based on Central Bank data. Short-term debt is revised from 2001 based on reports provided by the country.
107
PAKISTAN (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
32,954 29,684 1,519 0 1,751
34,018 31,053 1,230 0 1,735
56,340 45,829 1,466 0 9,045
64,003 49,412 4,333 0 10,258
65,520 51,494 4,065 0 9,962
62,144 50,658 3,802 0 7,684
60,045 49,428 5,505 0 5,113
62,184 51,646 5,538 0 5,001
29,684 27,124 25,074 2,051 623 2,560 45
31,053 30,089 28,907 1,182 1,100 964 600
45,829 42,564 40,059 2,505 2,150 3,265 850
49,412 43,403 41,604 1,799 1,550 6,009 250
51,494 45,129 43,362 1,768 1,550 6,365 250
50,658 44,738 43,009 1,729 1,550 5,920 250
49,428 43,305 41,614 1,690 1,550 6,123 ..
51,646 45,879 40,490 5,389 4,550 5,767 ..
Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds
1,647 1,530 1,526 4 0 117 ..
2,831 2,231 1,619 612 600 600 600
4,416 3,735 3,734 1 0 681 ..
5,474 1,854 1,852 1 0 3,620 ..
3,210 2,572 2,572 0 0 638 ..
2,312 2,312 2,312 0 0 .. ..
4,151 2,418 2,418 0 0 1,734 ..
7,859 7,257 3,489 3,768 3,000 602 ..
Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds
1,588 1,143 1,106 37 0 445 ..
1,466 1,139 996 143 108 327 ..
2,241 1,635 1,053 582 500 606 ..
3,009 2,133 1,425 707 600 876 600
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
2,847 1,889 1,817 72 0 958 ..
Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds
858 642 528 114 61 217 2
681 605 554 50 47 76 3
909 804 635 169 156 105 50
840 781 649 131 120 59 30
784 711 594 117 111 73 22
752 686 583 103 99 65 22
914 666 582 84 81 248 11
1,047 779 587 192 155 269 ..
-341 331 -672 -361 -33 -328 -311
1,108 381 727 742 469 273 -15
5,288 5,698 -410 -506 -581 75 96
6,692 1,787 4,906 2,038 -706 2,744 2,867
1,005 950 56 324 -32 356 -269
-1,752 -1,319 -433 -171 -39 -132 -263
-69 -1,936 1,867 164 -39 203 1,703
5,245 1,871 3,373 3,341 3,697 -356 33
308 35
2,201 451
2,338 -37
2,016 524
1,309 -37
958 178
1,536 111
1,812 772
73,025 10,237 14,484 429 1,075 1,513
111,767 19,760 32,445 1,871 4,280 10,033
172,564 22,921 39,373 2,548 8,717 11,318
184,164 28,738 43,885 2,140 9,690 14,346
223,348 32,173 50,838 2,102 12,263 14,528
236,253 31,962 52,875 2,372 14,006 10,242
244,281 30,544 53,631 2,908 14,629 5,156
260,228 31,081 55,535 3,118 17,066 11,807
321.9 45.1 28.1 4.6
172.2 30.4 12.5 29.5
245.8 32.6 15.1 20.1
222.7 34.8 14.9 22.4
203.6 29.3 9.1 22.2
194.4 26.3 14.8 16.5
196.6 24.6 26.3 8.6
200.1 23.9 19.1 19.0
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
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 (%) 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 before 2010 is based on data from the BIS and thereafter short-term debt is World Bank staff estimates based on Central Bank data.
108
PANAMA (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
6,606 6,481 1 1 124
8,106 8,044 0 0 61
11,243 10,934 0 0 309
11,382 11,078 0 0 303
12,583 12,281 0 0 302
13,361 13,058 0 0 303
16,696 16,392 0 0 303
19,343 19,057 0 0 285
6,481 5,700 1,289 4,411 4,141 780 266
8,044 6,302 1,304 4,999 4,920 1,742 635
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
13,058 10,790 2,733 8,057 7,725 2,268 2,061
16,392 12,197 3,199 8,998 8,306 4,195 3,671
19,057 14,060 3,782 10,278 9,506 4,998 4,420
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
1,890 1,865 461 1,404 1,323 25 ..
445 440 440 0 0 5 ..
1,377 973 438 535 535 404 350
1,567 652 537 114 0 915 800
2,916 2,302 691 1,610 1,250 615 270
3,530 2,466 1,109 1,357 1,250 1,064 969
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 ..
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 ..
476 215 188 27 0 261 220
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
684 596 72 524 514 88 83
726 638 75 563 560 87 83
745 668 76 592 589 77 73
744 697 77 620 606 47 42
882 669 85 585 567 213 205
925 690 93 597 558 235 226
261 -63 324 324 112 213 ..
378 -55 433 433 414 19 ..
1,700 307 1,393 1,393 1,368 25 ..
125 275 -150 -150 -5 -145 ..
1,192 263 929 929 531 397 ..
612 363 249 249 -628 877 ..
2,125 512 1,613 1,613 1,026 587 ..
3,054 921 2,133 2,133 1,330 803 ..
624 ..
470 ..
1,155 ..
1,967 ..
1,929 ..
2,298 ..
4,113 ..
4,379 ..
11,007 9,408 10,258 562 16 723
14,340 11,619 12,882 1,048 130 1,211
27,326 19,024 19,314 1,310 337 3,028
30,229 20,534 23,748 2,176 410 2,714
31,301 26,889 32,148 2,025 368 2,304
35,175 30,032 33,647 2,055 411 2,466
42,387 29,288 34,270 3,516 452 2,848
44,078 28,237 33,615 3,557 760 4,032
70.2 60.0 9.4 10.9
69.8 56.5 15.1 14.9
59.1 41.1 4.6 26.9
55.4 37.7 5.1 23.8
46.8 40.2 3.5 18.3
44.5 38.0 5.7 18.5
57.0 39.4 5.7 17.1
68.5 43.9 5.0 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
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 (%) Reserves to external debt stocks (%)
Notes: Long-term private nonguaranteed debt data only cover Inter-American Development Bank and Bonds.
109
PAPUA NEW GUINEA (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
2,305 2,204 49 0 51
1,896 1,651 232 0 13
1,787 1,460 130 0 197
5,965 5,380 392 0 193
12,584 12,268 123 0 193
14,945 14,468 284 0 193
21,605 21,102 309 0 193
20,920 19,726 1,013 0 182
2,204 1,454 1,394 60 0 750 ..
1,651 1,264 1,213 51 0 387 ..
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 ..
14,468 1,130 1,114 16 0 13,338 ..
21,102 1,256 1,248 8 0 19,847 ..
19,726 1,656 1,654 1 0 18,070 ..
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 ..
516 33 33 0 0 483 ..
3,153 37 37 0 0 3,116 ..
8,158 94 94 0 0 8,064 ..
2,717 161 161 0 0 2,556 ..
7,692 231 231 0 0 7,461 ..
1,324 541 541 0 0 784 ..
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 ..
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 ..
1,028 75 69 7 0 953 ..
822 74 68 6 0 748 ..
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 ..
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 ..
337 20 20 0 0 317 ..
30 128 -99 -51 -5 -45 -48
214 -110 323 200 -20 221 123
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
2,529 91 2,438 2,277 -8 2,285 161
6,689 162 6,527 6,502 -7 6,509 25
1,206 473 734 30 -6 36 704
96 ..
31 ..
419 ..
28 ..
-309 ..
-64 ..
18 ..
-30 ..
3,303 2,369 2,013 198 7 287
4,528 3,649 3,368 511 7 718
7,868 4,624 5,382 537 5 2,561
9,261 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
.. .. .. .. .. 2,254
97.3 69.8 12.9 12.4
52.0 41.9 8.4 37.9
38.6 22.7 11.7 143.3
97.8 64.4 13.3 50.8
170.5 104.8 16.0 33.8
218.0 99.5 7.0 26.3
.. 147.6 .. 12.8
.. .. .. 10.8
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
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 (%) Reserves to external debt stocks (%) Notes: Short-term debt is based on data from the BIS.
110
PARAGUAY (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
3,135 2,537 580 11 18
5,412 4,879 513 0 20
10,624 9,723 752 0 149
12,652 11,358 1,147 0 147
13,078 11,029 1,903 0 146
12,881 11,216 1,518 0 146
13,413 11,239 2,027 0 147
14,092 11,942 2,012 0 138
2,537 2,087 1,639 449 0 450 ..
4,879 2,266 1,845 421 0 2,614 ..
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
11,239 2,680 2,025 655 500 8,559 500
11,942 3,699 2,082 1,616 1,500 8,243 800
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 ..
1,571 248 248 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
1,632 709 209 500 500 922 ..
3,193 1,258 258 1,000 1,000 1,935 300
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 ..
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 ..
1,543 208 169 39 0 1,334 ..
2,445 195 156 39 0 2,251 ..
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 ..
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
227 77 51 26 23 149 50
-187 85 -272 -100 -7 -93 -173
807 -35 842 995 -26 1,021 -153
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
-453 26 -479 -94 -39 -54 -385
598 40 558 49 461 -412 509
733 102 630 645 961 -316 -15
104 ..
32 ..
197 ..
87 ..
277 ..
300 ..
263 ..
236 ..
7,085 3,185 3,524 84 278 763
7,360 5,182 5,473 158 161 1,297
14,733 8,386 8,423 555 377 3,839
18,635 11,135 11,749 759 410 4,137
23,821 13,336 13,940 641 541 4,950
22,935 12,384 13,374 800 634 4,557
27,213 14,408 14,475 896 591 5,556
29,443 .. .. .. 591 6,669
98.4 44.2 11.2 24.3
104.4 73.5 9.2 24.0
126.7 72.1 5.3 36.1
113.6 67.9 4.1 32.7
98.1 54.9 6.5 37.9
104.0 56.2 15.7 35.4
93.1 49.3 12.9 41.4
.. 47.9 .. 47.3
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
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 (%) Reserves to external debt stocks (%)
Notes: Long-term private nonguaranteed debt data from 2002 are estimates based on Central Bank data. Short-term debt is based on data from the BIS.
111
PERU (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
28,813 24,208 3,928 14 677
29,508 26,109 3,212 4 188
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
66,469 58,607 6,978 0 884
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
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
58,607 15,753 7,086 8,667 8,625 42,854 13,571
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
4,772 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
13,347 432 432 0 0 12,915 3,686
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 ..
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 ..
3,293 1,018 621 397 383 2,275 ..
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
1,976 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
1,679 856 133 723 720 824 589
283 473 -190 448 -111 560 -638
-46 -1,972 1,927 1,465 1,536 -70 461
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
10,582 -189 10,771 10,243 -397 10,640 528
810 123
2,579 769
7,213 47
7,762 87
5,548 147
12,426 -142
6,223 585
7,607 -79
49,571 9,247 11,794 344 718 8,374
69,883 20,006 20,631 4,030 1,440 13,599
112,807 31,801 35,411 8,172 2,409 32,013
137,317 39,986 46,794 10,714 2,534 42,648
157,207 51,052 57,430 12,511 2,697 47,206
180,278 51,699 61,287 11,402 2,788 62,300
191,731 48,564 61,036 9,301 2,707 64,423
193,575 46,618 59,023 .. 2,639 61,185
311.6 58.1 27.9 29.1
147.5 42.2 30.3 46.1
117.6 33.1 13.4 85.6
105.4 30.7 16.7 101.2
88.2 28.6 7.9 104.9
104.7 30.0 11.3 115.1
116.7 29.6 14.0 113.7
142.6 34.3 10.9 92.1
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
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 (%) Reserves to external debt stocks (%)
Notes: Long-term private nonguaranteed debt data are World Bank staff estimates based on reports provided by the country.
112
PHILIPPINES (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
58,456 50,777 5,495 0 2,183
58,693 51,742 6,395 0 555
55,986 50,670 4,002 0 1,314
65,304 53,502 10,512 0 1,290
66,383 53,046 12,050 0 1,287
69,874 52,134 16,452 0 1,288
66,871 48,671 16,909 0 1,290
77,659 60,197 16,248 0 1,214
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
50,670 42,198 22,054 20,144 18,901 8,472 956
53,502 45,040 23,210 21,831 20,534 8,462 1,651
53,046 44,902 23,587 21,315 20,045 8,144 1,579
52,134 43,552 21,934 21,618 20,470 8,582 2,600
48,671 39,262 18,665 20,597 19,689 9,410 6,250
60,197 38,014 17,640 20,374 19,669 22,183 7,325
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
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
16,579 3,355 1,809 1,546 1,500 13,224 1,075
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
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 ..
3,047 2,596 1,552 1,044 888 451 ..
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
3,266 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 2,660 342 2,319 2,289 261 243
3,045 2,538 294 2,244 2,220 506 385
2,551 261 2,290 1,744 2,758 -1,014 546
828 -961 1,788 439 1,164 -725 1,349
93 627 -534 2,465 3,656 -1,191 -2,998
9,097 -447 9,544 3,035 1,885 1,149 6,509
3,181 -298 3,479 1,941 410 1,530 1,539
7,437 -320 7,758 3,356 1,520 1,836 4,402
2,293 -1,275 3,568 3,111 -531 3,642 457
12,871 257 12,614 13,275 502 12,773 -661
2,240 -202
1,321 420
1,886 308
-214 833
1,531 1,040
2,824 1,753
1,084 -34
2,854 1,196
94,969 44,060 51,931 230 6,961 13,090
129,804 38,514 48,158 1,382 13,733 15,926
223,417 49,632 57,753 2,202 19,960 38,783
265,931 61,241 71,658 2,417 21,557 55,363
268,494 64,792 77,716 2,910 23,054 67,290
299,115 75,080 87,631 3,955 24,610 73,478
326,317 76,206 85,896 3,518 26,717 75,689
341,481 81,641 91,546 4,211 28,403 72,057
132.7 61.6 16.0 22.4
152.4 45.2 24.7 27.1
112.8 25.1 18.1 69.3
106.6 24.6 18.7 84.8
102.5 24.7 14.7 101.4
93.1 23.4 7.6 105.2
87.7 20.5 7.7 113.2
95.1 22.7 7.5 92.8
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
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 (%) 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.
113
ROMANIA (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
11,252 9,937 762 12 552
38,626 30,844 7,412 13 369
113,389 86,319 15,983 1 11,088
115,170 81,404 17,157 1 16,609
119,379 82,142 19,498 1 17,738
120,709 88,638 16,323 1 15,748
123,955 98,872 15,544 0 9,540
111,290 95,611 12,326 0 3,352
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 ..
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
88,638 29,378 17,284 12,095 10,166 59,260 288
98,872 35,576 19,178 16,397 14,783 63,296 4,707
95,611 36,794 16,863 19,931 18,802 58,818 311
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 ..
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
19,341 6,355 719 5,635 5,627 12,986 382
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 ..
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 ..
15,889 2,080 742 1,338 0 13,808 4
19,560 1,223 824 399 0 18,338 ..
16,161 1,200 854 347 0 14,961 364
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 ..
2,775 740 328 412 156 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
2,267 1,347 472 876 846 919 7
1,843 608 1,235 850 364 486 386
10,629 275 10,354 7,322 524 6,799 3,032
9,915 12,454 -2,539 7,046 -540 7,586 -9,585
8,493 9,124 -631 -1,805 16 -1,821 1,174
5,672 4,346 1,327 -1,015 1,770 -2,784 2,341
-106 -1,476 1,370 4,545 3,903 643 -3,175
-4,799 -4,851 52 831 3,827 -2,996 -779
-5,935 -6,031 96 3,314 5,289 -1,974 -3,218
1,037 58
4,790 229
2,402 7
2,419 4
2,100 -37
1,022 403
3,236 1,054
3,039 465
37,024 12,438 14,653 72 96 2,470
96,279 25,693 38,645 2,926 4,708 19,872
161,693 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
183,822 79,462 84,636 3,837 3,519 44,811
195,235 85,585 88,889 4,205 3,369 39,165
90.5 30.4 20.1 21.9
150.3 40.1 26.8 51.4
240.5 70.1 34.4 35.9
209.6 71.0 33.6 37.6
171.3 66.5 27.2 36.0
183.5 72.9 31.7 34.1
156.0 67.4 36.1 36.2
127.8 56.0 21.8 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
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
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 (%) Reserves to external debt stocks (%)
114
RWANDA (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
1,289 1,148 38 16 104
1,528 1,415 17 13 97
861 716 10 0 136
906 759 14 0 133
1,216 971 112 0 132
1,266 1,045 89 0 131
1,691 1,553 8 0 130
2,022 1,877 25 0 119
1,148 1,148 1,147 1 0 .. ..
1,415 1,415 1,415 0 0 .. ..
716 716 716 0 0 .. ..
759 759 759 0 0 .. ..
971 971 971 0 0 .. ..
1,045 1,045 1,045 0 0 .. ..
1,553 1,553 1,153 400 400 .. ..
1,877 1,877 1,355 522 400 .. ..
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 .. ..
73 73 73 0 0 .. ..
63 63 63 0 0 .. ..
230 230 230 0 0 .. ..
94 94 94 0 0 .. ..
527 527 127 400 400 .. ..
409 409 287 122 0 .. ..
Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds
13 13 13 0 0 .. ..
13 13 13 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 .. ..
15 15 15 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 .. ..
6 6 6 0 0 .. ..
7 7 7 0 0 .. ..
8 8 8 0 0 .. ..
24 24 10 14 14 .. ..
38 38 11 27 27 .. ..
24 41 -16 .. .. .. -16
67 70 -3 .. .. .. -3
76 71 5 .. .. .. 5
58 54 4 .. .. .. 4
315 217 98 .. .. .. 98
57 80 -23 .. .. .. -23
430 111 319 400 400 .. -81
408 269 139 122 122 .. 17
8 ..
8 ..
119 ..
42 21
106 31
160 7
111 0
268 ..
1,719 142 452 3 7 191
2,554 260 693 5 9 406
5,273 611 1,594 5 93 743
5,656 639 1,710 4 106 813
6,348 933 2,291 12 174 1,050
7,125 1,027 2,570 1 182 848
7,387 1,217 2,615 .. 170 1,070
7,751 .. .. .. 179 ..
911.2 75.0 25.7 14.8
587.3 59.8 10.8 26.5
140.9 16.3 1.9 86.2
141.9 16.0 2.3 89.7
130.3 19.1 2.1 86.4
123.2 17.8 2.2 67.0
138.9 22.9 3.4 63.3
.. 26.1 .. ..
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
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 (%) 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.
115
SAMOA (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
139.2 137.7 0.0 0.0 1.5
169.1 167.5 0.0 0.0 1.6
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
450.2 417.3 0.0 0.0 32.9
137.7 137.7 137.7 0.0 0.0 .. ..
167.5 167.5 167.5 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 .. ..
417.3 417.3 417.3 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 .. ..
25.2 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 .. ..
36.5 36.5 36.5 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 .. ..
13.4 13.4 13.4 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 .. ..
2.5 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 .. ..
5.7 5.7 5.7 0.0 0.0 .. ..
2.5 2.5 .. .. .. .. ..
6.1 6.1 .. .. .. .. ..
28.1 28.1 .. .. .. .. ..
71.6 71.6 .. .. .. .. ..
39.8 39.8 .. .. .. .. ..
55.7 55.7 .. .. .. .. ..
25.2 25.2 .. .. .. .. ..
23.1 23.1 .. .. .. .. ..
-1.5 ..
3.8 ..
9.9 ..
1.0 ..
15.2 ..
20.9 ..
24.2 ..
22.5 ..
269.0 .. .. .. 45.0 63.7
441.4 147.3 300.2 30.0 81.6 81.8
554.1 181.4 319.8 27.4 119.5 165.8
635.7 210.4 386.4 17.8 122.1 209.4
734.9 217.6 434.2 29.2 139.1 166.8
767.4 250.7 454.0 33.3 157.8 168.7
763.1 244.2 464.2 32.2 158.0 170.7
774.5 241.3 455.9 .. 140.4 140.7
.. 51.7 .. 45.7
114.8 38.3 3.9 48.4
139.4 45.6 4.7 65.6
154.5 51.1 5.0 64.4
169.3 50.1 5.5 45.3
168.7 55.1 5.3 39.9
183.1 58.6 6.1 38.2
186.6 58.1 7.9 31.2
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
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 (%) 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 2012, 2013, and 2014 are $3 billion, $3.3 billion and $4.6 billion respectively.
116
SÃO TOMÉ AND PRÍNCIPE (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
303.8 277.3 23.3 11.3 3.3
335.0 316.5 14.4 14.4 4.1
156.7 124.7 16.4 5.4 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
211.9 185.4 11.6 6.6 14.9
277.3 277.3 277.3 0.0 0.0 .. ..
316.5 316.5 316.5 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 .. ..
185.4 185.4 185.4 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 .. ..
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 .. ..
3.1 3.1 3.1 0.0 0.0 .. ..
16.0 16.0 16.0 0.0 0.0 .. ..
26.3 26.3 26.3 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 .. ..
1.7 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 .. ..
11.4 11.4 11.4 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 .. ..
0.3 0.3 0.3 0.0 0.0 .. ..
0.3 0.3 0.3 0.0 0.0 .. ..
0.5 0.5 0.5 0.0 0.0 .. ..
0.5 0.5 0.5 0.0 0.0 .. ..
1.1 1.1 1.1 0.0 0.0 .. ..
9.7 9.7 .. .. .. .. ..
1.6 1.6 .. .. .. .. ..
18.7 17.7 1.0 .. .. .. 1.0
22.2 19.2 3.0 .. .. .. 3.0
52.6 46.6 6.0 .. .. .. 6.0
-19.0 -7.0 -12.0 .. .. .. -12.0
9.8 11.8 -2.0 .. .. .. -2.0
12.8 13.8 -1.0 .. .. .. -1.0
3.8 ..
15.7 ..
15.5 ..
50.6 ..
32.2 ..
22.5 ..
7.5 0.0
11.7 ..
.. 17.1 42.0 .. 0.5 11.6
120.3 17.9 57.6 .. 1.5 26.7
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 34.0 147.0 .. 6.4 51.6
308.2 54.2 176.5 .. 26.5 63.8
331.6 90.2 221.9 0.3 29.1 63.4
1772.0 .. 25.4 3.8
1870.2 278.4 36.6 8.0
737.3 79.9 9.4 42.5
690.1 90.1 6.0 26.6
739.7 93.1 5.0 22.7
593.7 77.2 33.1 25.6
395.6 69.6 11.0 29.8
235.0 63.9 15.1 29.9
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
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
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 (%) Reserves to external debt stocks (%)
Notes: Short-term debt is based on data from the BIS. Data include HIPC and MDRI debt relief.
117
SENEGAL (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
3,653 3,221 146 1 286
3,862 3,643 36 0 183
3,721 3,312 0 0 409
3,908 3,457 0 0 451
4,324 3,878 0 0 447
4,905 4,463 0 0 442
5,224 4,787 0 0 438
5,655 5,260 0 0 395
3,221 3,208 3,203 5 0 13 ..
3,643 3,501 3,492 9 0 141 ..
3,312 2,954 2,752 202 200 357 ..
3,457 3,149 2,949 200 200 308 ..
3,878 3,613 3,113 500 500 265 ..
4,463 4,197 3,695 502 500 266 ..
4,787 4,516 4,014 502 500 271 ..
5,260 4,952 4,010 942 931 308 ..
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 ..
837 628 428 200 200 208 ..
434 352 352 0 0 83 ..
1,009 928 428 500 500 81 ..
747 672 670 2 0 74 ..
535 409 409 0 0 126 ..
995 874 363 511 500 122 ..
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 ..
146 97 94 3 0 49 ..
229 84 83 2 0 144 ..
236 139 139 0 0 96 ..
211 138 138 0 0 73 ..
268 147 147 0 0 121 ..
214 117 107 10 10 97 ..
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 ..
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 ..
128 111 64 46 46 17 ..
-153 5 -158 3 5 -1 -161
242 224 18 18 -2 20 ..
594 434 160 357 197 159 -197
254 318 -63 -63 -2 -62 ..
770 286 485 485 500 -15 ..
530 527 3 3 2 2 ..
262 256 5 5 .. 5 ..
764 239 524 524 500 24 ..
63 -2
152 -6
244 -2
267 23
296 14
276 ..
311 ..
343 ..
4,589 1,383 1,929 75 233 388
8,551 2,562 3,991 173 789 1,186
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
14,606 4,494 7,909 .. .. 2,253
15,459 .. .. .. .. 2,038
264.2 79.6 16.3 10.6
150.8 45.2 7.9 30.7
113.2 29.5 6.0 57.1
114.3 30.5 8.9 52.4
106.6 30.3 8.9 45.0
113.5 35.4 7.4 42.4
116.2 35.8 8.9 43.1
.. 36.6 .. 36.0
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
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 (%) Reserves to external debt stocks (%)
Notes: Short-term debt before 2009 is based on data from the BIS.
118
SERBIA (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
11,573 6,789 4,558 3,668 226
16,159 12,970 2,242 728 947
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
33,103 31,740 533 419 830
6,789 6,178 4,243 1,935 0 611 ..
12,970 7,756 6,679 1,077 0 5,214 ..
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
31,740 16,598 9,204 7,394 6,250 15,142 878
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 ..
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
4,973 1,890 822 1,068 1,000 3,083 237
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 ..
3,613 158 154 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 ..
6,295 879 677 202 0 5,417 ..
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 ..
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 ..
1,237 618 232 387 318 619 51
51 268 -217 35 35 .. -252
2,827 241 2,586 2,071 0 2,071 515
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
-2,255 -609 -1,646 -1,468 866 -2,334 -178
52 ..
.. ..
1,397 22
815 84
2,213 69
-157 -24
1,272 -41
2,196 ..
6,540 .. .. .. .. 392
25,929 .. .. .. .. 5,628
41,917 12,544 20,348 451 3,933 14,769
38,569 13,916 20,884 552 3,349 12,715
45,412 16,561 24,773 531 3,271 14,877
39,335 15,621 24,105 1,253 3,545 13,585
43,643 19,381 26,356 1,548 4,023 14,803
42,084 20,051 26,688 .. 3,656 11,372
.. 177.0 .. 3.4
.. 62.3 .. 34.8
269.6 80.7 37.0 43.7
236.7 85.4 30.9 38.6
191.6 69.9 31.5 46.9
220.5 87.6 38.6 39.4
187.8 83.4 43.6 40.7
165.1 78.7 41.4 34.4
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
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 (%) Reserves to external debt stocks (%)
Notes: Beginning 2006, the data for Serbia exclude Montenegro. Short-term debt is World Bank staff estimates based on Central Bank data.
119
SIERRA LEONE (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
1,213 973 44 36 196
1,776 1,539 21 11 217
857 605 23 0 229
931 661 4 0 266
1,050 741 35 0 274
1,126 837 14 0 274
1,396 901 214 0 281
1,238 910 25 1 303
973 973 967 5 0 .. ..
1,539 1,539 1,326 213 0 .. ..
605 605 394 211 0 .. ..
661 661 450 211 0 .. ..
741 741 533 208 0 .. ..
837 837 628 210 0 .. ..
901 901 705 195 0 .. ..
910 910 715 195 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 .. ..
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 .. ..
53 53 53 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 .. ..
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 .. ..
14 14 14 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 .. ..
9 9 9 0 0 .. ..
4 4 4 0 0 .. ..
4 4 4 0 0 .. ..
6 6 6 0 0 .. ..
6 6 6 0 0 .. ..
7 7 7 0 0 .. ..
8 8 8 0 0 .. ..
57 55 1 .. .. .. 1
54 64 -10 .. .. .. -10
92 78 14 .. .. .. 14
83 102 -19 .. .. .. -19
128 97 31 .. .. .. 31
77 98 -21 .. .. .. -21
285 85 200 .. .. .. 200
-111 79 -190 .. .. .. -190
39 ..
53 ..
85 6
225 0
770 0
164 7
209 9
440 ..
616 62 262 2 7 49
1,590 267 509 41 2 171
2,665 380 797 39 36 405
2,607 427 1,191 46 44 409
3,039 548 2,711 219 59 439
3,439 1,350 2,421 130 61 478
4,516 2,210 2,808 135 68 533
4,366 .. .. .. 104 601
1,941.0 196.8 76.4 4.1
664.9 111.7 6.9 9.6
225.7 32.2 2.1 47.3
218.3 35.7 2.7 43.9
191.8 34.6 3.4 41.8
83.4 32.7 1.5 42.5
63.1 30.9 1.2 38.2
.. 28.4 .. 48.5
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
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 (%) Reserves to external debt stocks (%)
Notes: Short-term debt before is based on data from the BIS.
120
SOLOMON ISLANDS (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
156.2 152.1 3.2 1.8 0.9
167.3 151.2 15.2 12.2 0.9
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
187.3 140.7 14.8 0.0 31.8
152.1 120.7 117.3 3.4 0.0 31.5 ..
151.2 144.2 143.8 0.4 0.0 7.0 ..
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 ..
140.7 89.6 89.6 0.0 0.0 51.1 ..
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 .. ..
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 ..
13.4 0.0 0.0 0.0 0.0 13.4 ..
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 ..
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 ..
13.5 6.5 6.5 0.0 0.0 7.0 ..
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 ..
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 ..
2.2 1.4 1.4 0.0 0.0 0.8 ..
-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
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
10.5 -7.6 18.2 6.4 .. 6.4 11.8
13.0 ..
0.3 ..
114.2 ..
229.4 ..
143.6 ..
54.9 ..
-29.0 ..
20.7 ..
435.5 128.8 176.4 8.3 4.3 32.0
415.5 154.9 250.1 5.3 7.2 94.8
432.9 237.5 492.3 135.5 12.5 146.0
496.5 333.4 690.3 127.0 12.7 265.8
672.5 563.7 770.1 133.5 14.3 412.3
931.4 648.9 738.1 74.5 17.2 469.5
1,051.4 600.2 747.3 12.2 16.5 491.5
1,099.6 612.8 744.9 .. 16.3 466.9
121.3 35.9 7.1 20.5
108.0 40.3 9.1 56.7
72.6 39.8 4.2 84.7
69.2 46.5 6.2 115.2
45.7 38.3 2.7 160.1
35.2 24.5 4.6 205.8
34.0 19.4 7.4 241.0
30.6 17.0 2.8 249.3
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
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 (%) Reserves to external debt stocks (%)
Notes: Long-term public and publicly guaranteed debt data for 2014 are World Bank staff estimates based on the original terms of the loans.
121
SOMALIA (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
2,579 1,825 591 569 164
2,770 1,882 709 709 180
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
3,056 1,977 835 835 243
2,920 1,913 777 777 229
1,825 1,825 1,792 33 0 .. ..
1,882 1,882 1,846 35 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 .. ..
1,913 1,913 1,878 35 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 .. ..
0 0 0 0 0 .. ..
0 0 0 0 0 .. ..
0 0 0 0 0 .. ..
0 0 0 0 0 .. ..
0 0 0 0 0 .. ..
0 0 0 0 0 .. ..
Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds
0 0 0 0 0 .. ..
0 0 0 0 0 .. ..
0 0 0 0 0 .. ..
0 0 0 0 0 .. ..
0 0 0 0 0 .. ..
0 0 0 0 0 .. ..
0 0 0 0 0 .. ..
0 0 0 0 0 .. ..
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 .. ..
0 0 0 0 0 .. ..
0 0 0 0 0 .. ..
0 0 0 0 0 .. ..
0 0 0 0 0 .. ..
0 0 0 0 0 .. ..
0 0 0 0 0 .. ..
-7 .. -7 .. .. .. -7
.. .. .. .. .. .. ..
.. .. .. .. .. .. ..
.. .. .. .. .. .. ..
.. .. .. .. .. .. ..
0 0 .. .. .. .. ..
0 0 .. .. .. .. ..
.. .. .. .. .. .. ..
0 ..
24 ..
108 ..
112 ..
102 ..
107 ..
107 ..
106 ..
.. .. .. .. .. ..
.. .. .. .. .. ..
.. .. .. .. .. ..
.. .. .. .. .. ..
.. .. .. .. .. ..
.. .. .. .. .. ..
.. .. .. .. .. ..
.. .. .. .. .. ..
.. .. .. ..
.. .. .. ..
.. .. .. ..
.. .. .. ..
.. .. .. ..
.. .. .. ..
.. .. .. ..
.. .. .. ..
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
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 (%) 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.
122
SOUTH AFRICA (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
25,435 15,595 9,553 0 287
44,737 30,146 14,276 0 315
79,017 54,932 21,286 0 2,799
108,392 83,912 21,730 0 2,750
116,929 93,654 20,534 0 2,741
144,959 114,347 27,868 0 2,744
139,245 109,246 27,249 0 2,750
144,006 106,377 35,042 0 2,587
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
54,932 22,315 227 22,088 18,508 32,617 8,485
83,912 36,274 1,139 35,135 32,329 47,638 8,786
93,654 41,551 1,449 40,102 38,548 52,103 12,638
114,347 56,502 2,782 53,720 53,133 57,845 14,069
109,246 54,041 3,046 50,995 50,242 55,205 12,152
106,377 57,870 3,601 54,268 52,948 48,507 10,366
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 .. ..
4,202 2,032 32 2,000 2,000 2,170 163
7,001 3,777 913 2,864 2,000 3,224 1,135
9,995 3,990 490 3,500 3,500 6,005 3,852
7,842 3,915 1,415 2,500 2,500 3,928 2,738
9,111 3,909 526 3,382 3,000 5,202 3,543
9,757 6,048 1,397 4,652 3,855 3,709 1,209
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 .. ..
2,773 2,065 38 2,028 250 708 ..
3,470 1,678 40 1,638 0 1,792 834
2,737 1,520 42 1,478 104 1,217 ..
5,293 2,674 37 2,638 1,670 2,618 1,307
4,978 1,779 25 1,754 1,535 3,199 2,083
5,354 1,240 22 1,219 1,000 4,113 2,104
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
1,692 1,041 10 1,030 953 652 432
2,191 1,573 20 1,553 1,488 618 460
2,975 2,061 40 2,021 1,968 914 664
3,560 2,612 62 2,550 2,475 948 776
3,222 2,352 70 2,282 2,278 869 602
3,746 2,452 131 2,320 2,311 1,294 968
-282 91 -373 889 -143 1,032 -1,262
2,888 31 2,857 -224 -224 .. 3,081
-2,747 -6 -2,742 1,434 -28 1,462 -4,176
3,975 873 3,102 2,658 1,226 1,431 444
6,062 448 5,614 6,810 2,022 4,788 -1,196
9,884 1,378 8,506 1,172 -138 1,309 7,334
3,514 502 3,012 3,631 1,628 2,003 -619
12,196 1,375 10,821 3,028 3,433 -405 7,793
969 4,169
6,192 7,230
4,957 9,364
-4,194 5,826
2,903 -3,769
1,671 -679
2,699 1,011
1,292 2,551
133,188 39,507 38,771 2,329 344 6,083
252,830 72,730 78,292 4,320 614 18,579
289,309 87,745 92,967 5,279 862 35,237
367,345 112,387 115,601 6,165 1,070 38,175
405,947 132,157 139,258 8,375 1,158 42,595
386,627 124,104 139,981 8,486 1,085 43,995
356,448 120,022 138,020 8,053 971 44,864
340,461 116,899 132,810 8,707 913 44,267
64.4 19.1 9.9 23.9
61.5 17.7 6.4 41.5
90.1 27.3 6.0 44.6
96.4 29.5 5.6 35.2
88.5 28.8 4.8 36.4
116.8 37.5 7.8 30.4
116.0 39.1 7.5 32.2
123.2 42.3 8.6 30.7
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
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 (%) 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.
123
SRI LANKA (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
9,241 8,304 685 112 253
11,297 10,043 772 0 483
19,567 14,671 3,554 1 1,341
21,762 17,426 2,416 1 1,920
25,887 19,986 3,577 1 2,325
35,792 26,181 6,493 1 3,118
40,257 30,720 6,873 7 2,665
43,609 34,380 7,408 79 1,821
8,304 7,936 6,928 1,008 65 368 ..
10,043 9,655 8,982 673 65 388 100
14,671 13,704 11,938 1,766 1,000 967 ..
17,426 16,507 13,613 2,893 2,000 919 ..
19,986 18,773 14,808 3,965 3,000 1,213 ..
26,181 22,978 15,895 7,083 3,500 3,203 ..
30,720 26,517 16,638 9,879 4,750 4,203 100
34,380 29,502 17,028 12,475 6,500 4,878 275
Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds
754 585 348 237 0 169 ..
929 818 670 149 0 111 ..
2,214 1,827 1,165 662 500 387 ..
3,091 2,994 1,810 1,183 1,000 97 ..
3,196 2,751 1,613 1,138 1,000 445 ..
7,833 5,877 2,145 3,732 1,000 1,955 ..
6,179 4,994 2,065 2,930 1,250 1,185 100
5,719 4,821 2,026 2,795 1,750 898 175
Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds
453 439 216 223 50 14 ..
246 227 123 104 0 19 ..
967 812 555 257 0 154 100
715 570 507 64 0 145 ..
805 651 587 64 0 154 ..
1,365 1,199 604 595 500 165 ..
911 728 613 116 0 183 ..
1,055 832 719 113 0 223 ..
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
325 285 227 58 43 40 7
616 596 308 288 72 20 ..
448 405 268 137 124 43 ..
550 515 292 223 207 35 ..
618 568 326 241 220 50 ..
694 644 310 334 311 50 5
-3 45 -48 170 15 155 -218
539 661 -122 137 45 92 -259
2,616 1,150 1,466 637 405 233 828
1,834 1,900 -66 1,072 1,120 -48 -1,138
3,973 1,448 2,526 1,366 1,075 291 1,160
10,169 2,327 7,843 4,927 3,137 1,790 2,916
5,188 997 4,191 3,816 2,814 1,003 374
4,407 587 3,820 3,357 2,682 675 463
173 ..
272 -216
173 -382
240 -1,049
251 -171
360 272
410 226
518 184
16,016 6,527 8,554 109 1,166 1,039
24,107 7,963 10,441 115 1,976 2,650
41,581 9,099 12,318 230 3,337 4,616
48,948 11,423 16,159 303 4,123 6,710
58,529 14,109 23,368 385 5,153 6,248
58,178 13,716 23,117 449 6,000 6,378
65,454 15,211 23,391 737 6,422 6,611
73,103 16,889 25,134 698 7,036 7,316
141.6 57.7 12.1 11.2
141.9 46.9 5.5 23.5
215.1 47.1 15.5 23.6
190.5 44.5 12.2 30.8
183.5 44.2 9.2 24.1
261.0 61.5 14.6 17.8
264.7 61.5 13.3 16.4
258.2 59.7 14.7 16.8
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
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 (%) Reserves to external debt stocks (%)
Notes: Long-term private nonguaranteed debt data from 2012 are World Bank staff estimates based on reports provided by the country. Short-term debt before 2009 is based on data from the BIS.
124
ST. LUCIA (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
222.2 153.5 67.8 0.0 1.0
415.7 238.6 176.0 0.0 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
429.8 342.9 45.7 1.6 41.2
474.0 358.2 74.5 2.2 41.3
527.5 371.3 118.2 2.2 38.0
153.5 153.5 120.7 32.8 23.5 .. ..
238.6 238.6 164.6 74.0 70.9 .. ..
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 .. ..
342.9 342.9 249.5 93.4 93.4 .. ..
358.2 358.2 246.5 111.7 111.7 .. ..
371.3 371.3 249.5 121.8 121.8 .. ..
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 .. ..
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 .. ..
25.2 25.2 25.2 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 .. ..
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 .. ..
28.2 28.2 16.3 11.9 11.9 .. ..
20.5 20.5 15.6 4.9 4.9 .. ..
17.0 17.0 15.9 1.0 1.0 .. ..
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 .. ..
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 .. ..
16.4 16.4 5.9 10.5 10.5 .. ..
40.3 5.1 35.2 22.7 22.7 .. 12.5
65.4 3.1 62.3 -4.7 -4.7 .. 67.0
-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
-73.1 -9.4 -63.8 -11.9 -11.9 .. -51.9
19.7 -3.5 23.3 -4.9 -4.9 .. 28.2
51.1 8.4 42.7 -1.0 -1.0 .. 43.7
53.7 ..
75.3 ..
72.6 ..
67.9 ..
44.8 ..
45.2 ..
52.4 ..
75.2 ..
736.3 380.6 494.2 33.4 26.4 78.8
863.0 533.0 675.5 51.1 27.1 116.4
1,131.4 560.5 709.6 35.3 28.0 174.8
1,204.7 626.6 844.7 31.7 29.0 206.3
1,269.7 589.1 852.3 12.0 29.4 213.4
1,267.4 621.7 811.7 23.3 29.8 232.0
1,310.3 631.7 739.3 19.8 30.1 192.2
1,344.4 .. .. .. 30.1 257.7
58.4 30.2 7.9 35.5
78.0 48.2 6.0 28.0
77.3 38.3 7.7 40.4
92.5 48.1 7.4 35.6
76.6 35.5 7.6 47.3
69.1 33.9 7.0 54.0
75.0 36.2 5.7 40.6
.. 39.2 .. 48.8
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
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 (%) Reserves to external debt stocks (%)
Notes: Short-term debt before 2012 is based on data from the BIS.
125
ST. VINCENT AND THE GRENADINES (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
195.1 163.3 31.4 0.4 0.5
252.6 247.8 4.3 4.3 0.5
245.8 227.0 0.5 0.5 18.3
295.5 277.5 0.0 0.0 17.9
303.4 280.4 0.0 0.0 23.0
287.1 264.1 0.0 0.0 23.0
310.6 287.5 0.0 0.0 23.0
338.9 311.7 0.0 0.0 27.2
163.3 163.3 104.8 58.5 0.0 .. ..
247.8 247.8 114.8 133.0 0.0 .. ..
227.0 227.0 167.2 59.8 0.0 .. ..
277.5 277.5 228.8 48.7 0.0 .. ..
280.4 280.4 242.6 37.8 0.0 .. ..
264.1 264.1 238.7 25.4 0.0 .. ..
287.5 287.5 270.0 17.5 0.0 .. ..
311.7 311.7 294.6 17.1 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 .. ..
20.2 20.2 20.2 0.0 0.0 .. ..
78.1 78.1 78.1 0.0 0.0 .. ..
28.3 28.3 28.3 0.0 0.0 .. ..
12.0 12.0 12.0 0.0 0.0 .. ..
47.1 47.1 46.2 1.0 0.0 .. ..
49.4 49.4 41.4 8.0 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 .. ..
25.1 25.1 14.4 10.7 0.0 .. ..
26.5 26.5 15.4 11.1 0.0 .. ..
25.2 25.2 14.3 10.9 0.0 .. ..
28.4 28.4 16.0 12.4 0.0 .. ..
24.8 24.8 15.9 8.9 0.0 .. ..
22.9 22.9 14.6 8.4 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 .. ..
11.2 11.2 5.9 5.4 0.0 .. ..
10.0 10.0 5.7 4.3 0.0 .. ..
10.1 10.1 6.6 3.4 0.0 .. ..
8.4 8.4 5.6 2.8 0.0 .. ..
8.1 8.1 6.2 1.9 0.0 .. ..
7.7 7.7 6.6 1.1 0.0 .. ..
1.6 2.8 -1.2 -0.4 -0.4 .. -0.8
26.9 4.6 22.3 22.3 22.3 .. ..
0.9 11.6 -10.7 -10.7 -10.7 .. ..
51.7 62.8 -11.1 -11.1 -11.1 .. ..
8.3 19.2 -10.9 -10.9 -10.9 .. ..
-16.5 -4.0 -12.4 -12.4 -12.4 .. ..
22.4 30.3 -7.9 -7.9 -7.9 .. ..
32.2 32.6 -0.4 -0.4 -0.4 .. ..
37.7 ..
23.7 ..
60.2 ..
63.1 ..
74.6 ..
88.3 ..
89.5 ..
138.6 ..
377.1 182.6 222.8 12.7 22.5 55.2
521.1 208.9 329.2 22.1 22.4 69.5
661.9 206.0 414.7 12.4 29.1 87.8
669.1 195.9 414.1 11.0 29.1 112.7
664.1 192.3 399.1 7.4 29.2 89.6
690.6 202.4 420.1 5.6 31.1 111.0
719.0 208.6 443.1 5.8 31.6 135.1
728.3 .. .. .. 32.6 157.4
106.9 51.7 7.2 28.3
120.9 48.5 11.3 27.5
119.3 37.1 17.7 35.7
150.9 44.2 18.6 38.1
157.7 45.7 18.4 29.5
141.9 41.6 18.2 38.7
148.9 43.2 15.8 43.5
.. 46.5 .. 46.4
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
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 (%) 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, 2013 and 2014 are $393 million, $361 million, $464 million, $1237 million respectively.
126
SUDAN (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
15,771 10,381 4,697 4,426 693
17,613 11,232 5,788 5,377 593
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
22,469 16,402 5,428 5,180 639
21,759 15,922 5,246 5,102 591
10,381 9,885 8,128 1,758 0 496 ..
11,232 11,232 9,145 2,087 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 .. ..
16,402 16,402 11,618 4,785 0 .. ..
15,922 15,922 11,350 4,572 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 .. ..
971 971 971 0 0 .. ..
935 935 935 0 0 .. ..
793 793 793 0 0 .. ..
319 319 319 0 0 .. ..
422 422 422 0 0 .. ..
283 283 283 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 .. ..
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 .. ..
179 179 179 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 .. ..
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 .. ..
69 69 69 0 0 .. ..
625 121 504 543 543 .. -39
76 67 9 .. .. .. 9
339 598 -259 .. .. .. -259
669 532 137 .. .. .. 137
524 367 157 .. .. .. 157
-111 38 -149 .. .. .. -149
90 204 -114 .. .. .. -114
-11 93 -104 .. .. .. -104
392 ..
-676 78
-846 0
-831 7
-378 13
-280 2
-232 0
-275 2
11,548 1,839 2,594 .. 641 138
24,581 5,019 8,899 699 704 1,869
49,160 8,618 14,761 2,112 1,394 1,094
60,507 11,785 15,677 2,393 1,100 1,036
64,564 10,502 12,973 1,011 442 193
60,268 5,551 12,559 671 401 193
63,708 6,057 13,171 1,144 424 193
71,181 5,894 12,152 657 343 181
857.7 136.6 13.5 0.9
350.9 71.7 8.0 10.6
245.2 43.0 5.7 5.2
188.7 36.7 4.2 4.7
201.4 32.8 5.1 0.9
392.6 36.2 6.5 0.9
371.0 35.3 4.9 0.9
369.2 30.6 4.4 0.8
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
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 (%) 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.
127
SWAZILAND (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
259.9 249.7 1.8 0.0 8.4
459.2 370.0 80.1 15.1 9.2
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 67.3 42.3 74.2
463.5 316.5 72.6 41.6 74.4
438.4 297.9 70.5 40.5 70.0
249.7 249.7 229.9 19.8 0.0 .. ..
370.0 370.0 338.6 31.4 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 .. ..
297.9 297.9 284.0 13.9 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 .. ..
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 .. ..
19.4 19.4 19.4 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 .. ..
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 .. ..
18.4 18.4 18.0 0.4 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 .. ..
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 .. ..
11.2 11.2 8.3 2.9 0.0 .. ..
-47.5 3.4 -50.9 .. .. .. -50.9
54.0 33.1 20.9 -0.1 -0.1 .. 21.0
-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
0.0 1.4 -1.4 -0.4 -0.4 .. -1.0
90.7 1.4
-15.8 0.8
53.1 -6.6
49.3 4.7
50.3 ..
2.7 ..
29.8 ..
55.1 ..
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
3,069.1 2,066.2 2,672.4 352.5 93.5 958.9
3,301.6 2,275.3 3,063.4 401.6 54.7 756.3
3,551.1 2,397.6 3,265.8 397.6 38.1 600.5
3,459.3 2,368.2 3,188.6 466.1 31.3 741.0
3,169.2 2,280.8 2,948.9 524.8 26.3 762.5
3,181.8 2,334.6 2,971.7 602.6 19.8 690.8
18.9 16.7 2.2 135.3
22.1 16.6 1.8 53.1
24.6 16.6 2.2 188.8
31.1 21.4 1.9 107.0
27.3 18.4 1.8 91.9
20.3 13.9 2.2 153.8
20.3 14.6 1.3 164.5
18.8 13.8 1.3 157.6
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
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 (%) Reserves to external debt stocks (%)
128
SYRIAN ARAB REPUBLIC (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
22,236 16,480 5,708 2,388 48
5,594 5,031 511 198 52
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
4,597 3,664 528 457 404
16,480 16,480 15,512 968 0 .. ..
5,031 5,031 5,031 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 .. ..
3,664 3,664 3,664 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 .. ..
281 281 281 0 0 .. ..
286 286 286 0 0 .. ..
222 222 222 0 0 .. ..
0 0 0 0 0 .. ..
0 0 0 0 0 .. ..
0 0 0 0 0 .. ..
Principal repayments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds
239 239 224 16 0 .. ..
439 439 428 11 0 .. ..
499 499 499 0 0 .. ..
508 508 508 0 0 .. ..
509 509 509 0 0 .. ..
0 0 0 0 0 .. ..
0 0 0 0 0 .. ..
0 0 0 0 0 .. ..
Interest payments Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds
127 127 126 1 0 .. ..
110 110 110 0 0 .. ..
119 119 119 0 0 .. ..
111 111 111 0 0 .. ..
109 109 109 0 0 .. ..
0 0 0 0 0 .. ..
0 0 0 0 0 .. ..
0 0 0 0 0 .. ..
-826 -206 -621 -16 -16 .. -605
-357 -239 -118 -11 -11 .. -107
-104 -218 114 .. .. .. 114
-430 -221 -209 .. .. .. -209
-304 -287 -17 .. .. .. -17
-281 .. -281 .. .. .. -281
-19 .. -19 .. .. .. -19
47 .. 47 .. .. .. 47
270 ..
500 ..
2,570 ..
1,469 ..
804 ..
.. ..
.. ..
.. ..
18,446 7,190 6,614 .. 180 ..
27,980 11,907 12,359 1,220 823 17,347
.. 16,026 18,118 1,301 1,350 17,398
.. 19,919 21,235 1,684 1,623 19,465
.. .. .. .. .. ..
.. .. .. .. .. ..
.. .. .. .. .. ..
.. .. .. .. .. ..
309.3 120.5 6.8 ..
47.0 20.0 4.8 310.1
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
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 (%) 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.
129
TAJIKISTAN (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
1,141 846 77 45 218
1,121 850 27 2 244
2,666 2,423 74 0 170
3,082 2,734 122 0 227
3,322 2,946 129 0 246
3,733 3,340 106 16 287
3,847 3,451 109 1 287
4,047 3,758 22 0 266
846 755 704 51 0 91 ..
850 826 817 8 0 24 ..
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 ..
3,451 2,016 2,016 0 0 1,435 ..
3,758 2,049 2,049 0 0 1,709 ..
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 ..
518 211 211 0 0 307 ..
924 251 251 0 0 673 ..
723 200 200 0 0 523 ..
556 105 105 0 0 451 ..
431 105 105 0 0 325 ..
677 189 189 0 0 487 ..
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 ..
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 ..
322 108 108 0 0 213 ..
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 ..
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 ..
91 31 31 0 0 60 ..
-4 36 -40 -11 .. -11 -29
23 84 -61 -3 .. -3 -58
119 202 -83 -67 .. -67 -16
401 274 127 80 .. 80 47
238 187 52 44 .. 44 7
222 71 151 190 .. 190 -39
128 12 116 98 .. 98 18
265 77 188 274 .. 274 -86
24 ..
54 ..
16 ..
29 ..
20 ..
41 ..
0 ..
117 1
824 .. .. .. .. 93
2,234 1,264 1,733 2 467 168
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
8,456 1,232 5,507 24 4,219 461
9,145 1,096 5,455 42 3,854 169
.. 138.4 .. 8.1
88.7 50.2 5.8 15.0
217.6 54.3 38.0 6.5
342.8 55.4 76.3 10.5
277.3 51.2 48.3 8.7
221.6 49.2 25.5 8.0
312.2 45.5 34.6 12.0
369.4 44.3 38.2 4.2
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
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 (%) Reserves to external debt stocks (%)
Notes: Long-term private nonguaranteed debt data from 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.
130
TANZANIA (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
7,183 5,969 849 647 364
8,400 7,006 1,006 615 387
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
13,025 10,624 1,647 1,108 753
14,436 11,765 1,989 1,122 682
5,969 5,969 5,776 194 0 .. ..
7,006 6,446 6,341 105 0 560 ..
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 ..
11,765 9,906 8,498 1,408 600 1,859 ..
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 .. ..
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 ..
1,580 1,296 1,209 87 0 284 ..
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 .. ..
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 ..
118 54 27 27 0 64 ..
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 ..
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 ..
83 76 52 24 0 7 ..
205 172 33 -12 -12 .. 44
459 378 81 19 19 .. 62
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
1,763 1,155 608 280 60 220 328
463 ..
439 3
664 3
1,192 3
879 3
1,399 4
1,373 4
2,049 ..
10,114 1,411 2,230 13 8 974
13,836 3,053 4,641 319 19 2,049
27,323 5,314 8,015 342 40 3,470
29,942 6,530 9,541 365 55 3,905
32,197 7,582 12,477 309 78 3,726
37,313 8,807 13,383 560 67 4,052
42,822 8,581 14,059 322 59 4,674
47,972 .. .. .. 64 4,390
508.9 71.0 11.9 13.6
275.2 60.7 4.4 24.4
143.5 27.9 3.1 45.5
137.6 30.0 3.0 43.4
131.1 30.9 1.9 37.5
131.5 31.0 1.9 35.0
151.8 30.4 1.9 35.9
.. 30.1 .. 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
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 (%) 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.
131
THAILAND (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
79,830 61,778 14,880 0 3,172
58,464 42,329 16,014 0 121
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
137,317 73,927 61,896 0 1,494
135,799 77,770 56,624 0 1,406
61,778 29,462 20,820 8,643 2,630 32,316 8,414
42,329 17,449 7,862 9,587 3,836 24,880 4,685
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
77,770 33,420 5,527 27,893 21,754 44,350 9,720
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
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 ..
19,437 479 479 0 0 18,958 4,370
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
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
12,937 454 348 106 100 12,483 625
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
1,085 231 112 119 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
1,473 363 75 288 251 1,109 429
-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
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
12,510 681 11,829 8,111 -340 8,452 3,718
1,227 131 1,096 6,368 -106 6,475 -5,272
3,366 900
7,000 5,121
5,634 1,695
9,839 3,215
2,150 19
10,809 58
8,695 -3,352
11,632 -5,824
120,809 85,997 77,269 .. 1,697 32,016
167,799 131,744 143,591 10,812 1,187 50,691
253,430 186,028 169,485 13,283 2,776 135,483
305,181 231,029 227,130 18,845 3,580 167,530
333,324 267,633 269,537 13,864 4,554 167,389
351,389 282,957 296,631 23,171 4,713 173,328
361,246 290,488 304,761 29,534 5,690 161,328
355,637 286,999 282,426 27,391 5,655 151,253
92.8 66.1 16.3 40.1
44.4 34.8 13.7 86.7
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
47.3 38.0 4.4 117.5
47.3 38.2 5.2 111.4
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
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 (%) Reserves to external debt stocks (%)
132
TOGO (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
1,446.0 1,229.6 132.5 62.6 83.8
1,686.9 1,439.5 217.7 166.7 29.7
1,730.1 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
903.3 563.2 86.9 2.9 253.2
995.1 679.4 89.2 1.2 226.6
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 .. ..
1,481.9 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 .. ..
679.4 679.4 646.6 32.8 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 .. ..
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 .. ..
177.8 177.8 177.8 0.0 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 .. ..
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 .. ..
30.2 30.2 18.3 11.9 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 .. ..
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 .. ..
15.9 15.9 15.9 0.0 0.0 .. ..
-44.3 5.1 -49.4 .. .. .. -49.4
15.8 -9.2 25.0 .. .. .. 25.0
-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
139.3 147.2 -7.9 -11.9 -11.9 .. 4.0
41.9 6.1
54.4 16.0
32.6 2.1
78.0 4.5
44.6 0.0
109.4 ..
183.5 ..
292.1 ..
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
2,803.4 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 2,651.3 120.2 244.1 774.3
3,331.3 2,004.9 2,541.2 180.4 344.8 441.6
3,696.3 2,338.2 3,176.0 .. .. 507.1
4,067.9 .. .. .. .. 507.0
316.7 114.3 6.6 9.7
196.8 81.1 2.5 11.4
136.8 61.7 4.3 40.6
92.0 46.5 2.6 55.7
30.3 19.7 0.7 123.0
37.6 22.6 1.1 58.6
38.6 24.4 2.2 56.1
.. 24.5 .. 50.9
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
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 (%) 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.
133
TONGA (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
73.8 65.0 0.2 0.2 8.6
89.0 79.5 0.1 0.1 9.4
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
195.8 186.3 0.0 0.0 9.5
65.0 65.0 65.0 0.0 0.0 .. ..
79.5 79.5 79.5 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 .. ..
186.3 186.3 186.1 0.1 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 .. ..
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 .. ..
5.1 5.1 5.1 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 .. ..
3.6 3.6 3.6 0.0 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 .. ..
1.4 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 .. ..
3.0 3.0 3.0 0.0 0.0 .. ..
1.8 3.0 -1.3 -1.3 -1.3 .. ..
0.9 0.9 .. .. .. .. ..
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 .. ..
1.5 1.5 0.0 0.0 0.0 .. ..
4.8 ..
7.2 ..
0.0 ..
7.3 ..
3.2 ..
1.5 ..
51.4 ..
56.0 ..
191.0 .. .. .. .. 24.6
258.6 59.0 156.8 .. 68.6 46.9
327.9 53.6 245.4 0.0 72.1 95.7
373.8 69.7 232.6 .. 76.0 104.5
450.7 99.1 287.2 5.0 69.9 143.3
470.8 113.9 284.6 7.7 112.3 152.4
445.3 .. .. .. .. 155.5
442.7 .. .. .. .. 158.8
.. 38.6 .. 33.4
151.0 34.4 8.8 52.6
214.5 35.0 7.2 83.3
220.6 41.1 7.2 68.0
192.2 42.3 5.9 75.2
173.3 41.9 5.6 77.2
.. 44.7 .. 78.1
.. 44.2 .. 81.1
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
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 (%) Reserves to external debt stocks (%)
134
TUNISIA (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
11,355 9,688 1,590 0 77
17,922 14,738 3,135 0 49
22,722 17,459 4,835 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
25,661 18,517 6,572 0 572
26,405 18,022 6,846 0 1,537
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 ..
14,738 12,997 8,417 4,580 3,510 1,741 ..
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 ..
18,517 16,879 13,336 3,543 3,110 1,638 ..
18,022 16,508 12,715 3,793 3,364 1,514 ..
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 ..
1,548 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 ..
1,509 1,489 1,255 234 225 20 ..
2,484 2,484 1,849 635 500 .. ..
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 ..
1,350 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 ..
1,800 1,374 875 499 443 426 ..
1,316 1,192 1,110 82 0 124 ..
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 ..
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 ..
458 458 345 113 97 .. ..
258 7 251 199 -69 268 52
-141 -31 -111 99 27 72 -210
703 478 226 -280 -340 60 505
169 619 -451 -594 -471 -123 144
310 1,270 -961 -931 -872 -59 -29
2,797 1,167 1,631 351 585 -234 1,280
203 531 -328 -670 -264 -406 342
2,489 1,786 703 429 553 -124 274
752 -18
716 12
1,529 -89
1,339 -26
439 -44
1,560 -15
1,071 80
1,007 72
20,525 8,701 10,347 468 796 1,811
30,635 14,884 16,495 962 1,393 4,437
41,371 20,133 23,318 1,588 1,964 11,057
42,170 22,556 26,595 1,658 2,063 9,459
43,634 22,950 28,235 1,716 2,004 7,454
43,172 22,600 28,471 1,533 2,266 8,357
44,801 22,513 28,642 1,756 2,291 7,287
.. 22,103 28,721 1,362 2,347 7,235
130.5 55.3 21.9 15.9
120.4 58.5 13.7 24.8
112.9 54.9 10.5 48.7
99.6 53.3 10.4 42.1
98.7 51.9 11.5 32.9
111.8 58.5 11.5 33.1
114.0 57.3 11.8 28.4
119.5 .. 8.7 27.4
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
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 (%) 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.
135
TURKEY (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
116,793 83,558 28,912 0 4,323
172,143 118,420 38,916 0 14,807
277,280 218,649 48,993 0 9,638
299,113 214,589 77,247 0 7,277
305,135 219,034 81,580 0 4,521
336,961 234,256 100,195 0 2,510
389,386 257,311 130,425 0 1,650
408,203 273,792 132,859 0 1,552
Debt outstanding and disbursed Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds
83,558 55,730 12,537 43,193 20,392 27,828 1,784
118,420 62,977 12,435 50,542 27,909 55,443 4,025
218,649 85,619 23,109 62,510 40,932 133,030 6,606
214,589 91,510 26,427 65,083 44,274 123,080 6,202
219,034 94,767 28,221 66,546 47,020 124,267 4,003
234,256 99,028 29,569 69,459 52,446 135,228 11,835
257,311 105,181 31,957 73,224 58,427 152,130 20,885
273,792 104,312 30,838 73,474 62,694 169,480 28,781
Disbursements Public and publicly guaranteed Official creditors Private creditors of which: Bonds Private nonguaranteed of which: Bonds
22,955 14,075 2,393 11,682 6,980 8,881 454
41,260 7,756 1,001 6,755 5,230 33,504 3,125
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
64,575 12,465 3,088 9,378 7,927 52,110 6,965
77,937 12,609 3,866 8,743 7,613 65,329 8,635
75,172 14,001 4,105 9,897 9,034 61,171 8,392
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 ..
24,650 7,957 1,653 6,304 3,886 16,693 1,150
49,657 6,470 1,650 4,820 2,275 43,188 350
45,490 6,014 1,788 4,226 2,575 39,476 420
38,665 5,011 1,714 3,297 1,785 33,654 523
41,307 5,672 1,739 3,933 2,274 35,635 404
46,915 5,069 1,795 3,274 1,500 41,846 1,965
41,372 7,035 2,030 5,006 3,069 34,337 915
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
6,397 4,472 596 3,876 2,673 1,925 338
10,421 4,786 650 4,135 3,100 5,635 288
8,703 4,526 488 4,038 3,203 4,177 228
12,006 4,594 580 4,015 3,268 7,412 385
8,541 4,752 611 4,141 3,507 3,789 266
9,345 4,507 536 3,972 3,443 4,837 813
9,899 4,573 552 4,022 3,637 5,325 1,158
18,023 4,020 14,003 8,563 7,158 1,405 5,440
19,346 -5,972 25,317 17,262 451 16,811 8,055
-14,204 2,392 -16,597 -13,068 274 -13,342 -3,529
29,210 1,602 27,608 -646 4,791 -5,437 28,254
17,219 -513 17,732 13,399 3,745 9,654 4,333
39,880 -655 40,535 21,920 5,445 16,475 18,615
60,395 1,213 59,182 28,952 5,469 23,483 30,230
36,234 2,075 34,159 31,725 4,891 26,834 2,434
982 489
9,975 5,669
7,966 2,827
8,715 3,468
16,159 -985
12,762 6,276
12,347 842
12,775 2,559
262,146 53,189 67,873 279 4,560 22,488
477,159 109,975 132,878 1,051 887 50,579
606,200 150,711 165,245 2,933 1,165 70,874
723,958 161,923 208,866 2,871 1,100 80,713
766,977 187,602 264,497 2,931 1,210 78,322
781,700 210,548 260,651 2,641 1,153 99,943
814,320 213,452 279,501 3,657 1,135 110,927
790,802 223,761 271,384 2,639 1,128 106,906
219.6 44.6 38.9 19.3
156.5 36.1 37.4 29.4
184.0 45.7 41.6 25.6
184.7 41.3 36.6 27.0
162.7 39.8 30.1 25.7
160.0 43.1 26.3 29.7
182.4 47.8 28.9 28.5
182.4 51.6 25.0 26.2
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
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 (%) 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 $2.1 billion at end-2014.
136
TURKMENISTAN (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
2,509.4 2,188.2 230.3 5.0 91.0
1,157.8 911.0 147.0 5.0 99.8
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
502.9 328.6 66.8 0.8 107.5
441.2 309.3 30.8 0.8 101.2
2,188.2 2,171.4 838.6 1,332.8 0.0 16.7 ..
911.0 877.8 685.9 192.0 0.0 33.1 ..
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 ..
309.3 263.2 263.2 0.0 0.0 46.0 ..
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 ..
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 ..
43.8 23.0 23.0 0.0 0.0 20.7 ..
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 ..
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 ..
47.8 33.8 33.8 0.0 0.0 14.1 ..
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 ..
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 ..
6.7 6.0 6.0 0.0 0.0 0.7 ..
-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
-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
-7.6 10.7 -18.3 6.7 .. 6.7 -25.0
-40.1 -10.7 -29.3 6.7 .. 6.7 -36.0
131.0 ..
418.2 ..
4,553.0 ..
3,632.3 ..
3,391.1 ..
3,129.6 ..
3,076.0 ..
3,163.5 ..
2,727.4 .. .. .. .. ..
7,541.4 .. .. .. .. ..
18,957.5 .. .. .. 33.0 ..
20,254.0 .. .. .. 35.0 ..
25,874.7 .. .. .. 34.0 ..
30,628.4 .. .. .. 37.0 ..
38,094.0 .. .. .. 40.0 ..
44,982.9 .. .. .. 29.8 ..
.. 92.0 .. ..
.. 15.4 .. ..
.. 3.5 .. ..
.. 2.6 .. ..
.. 1.8 .. ..
.. 1.7 .. ..
.. 1.3 .. ..
.. 1.0 .. ..
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
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 (%) 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.
137
UGANDA (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
3,535 3,051 129 58 354
4,437 4,184 79 29 173
2,739 2,223 235 26 281
2,975 2,673 26 26 275
3,263 2,963 26 26 273
3,777 3,479 26 26 272
4,807 4,067 469 27 270
5,135 4,217 666 26 252
3,051 3,051 3,027 24 4 .. ..
4,184 4,184 4,182 2 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 .. ..
3,479 3,479 3,479 0 0 .. ..
4,067 4,067 4,067 0 0 .. ..
4,217 4,217 4,217 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 .. ..
494 494 494 0 0 .. ..
486 486 486 0 0 .. ..
335 335 335 0 0 .. ..
560 560 560 0 0 .. ..
632 632 632 0 0 .. ..
465 465 465 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 .. ..
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 .. ..
52 52 52 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 .. ..
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 .. ..
44 44 44 0 0 .. ..
177 184 -7 -1 -1 .. -6
85 95 -10 -1 -1 .. -10
222 445 -223 0 0 .. -223
237 447 -209 0 0 .. -209
298 298 .. .. .. .. ..
521 521 .. .. .. .. ..
1,029 586 443 .. .. .. 443
608 411 197 .. .. .. 197
161 ..
381 ..
771 131
248 -70
573 106
922 14
826 95
970 5
6,086 716 1,574 19 238 808
8,748 1,592 2,641 202 322 1,344
16,702 3,398 5,638 247 781 2,994
18,472 3,491 6,500 183 771 2,706
18,343 4,324 7,855 262 816 2,617
23,281 5,022 8,255 252 910 3,167
24,042 5,222 8,438 532 932 3,338
25,898 4,752 8,653 .. 994 3,316
493.6 58.1 10.6 22.9
278.7 50.7 10.8 30.3
80.6 16.4 2.1 109.3
85.2 16.1 1.8 91.0
75.5 17.8 1.5 80.2
75.2 16.2 1.4 83.8
92.1 20.0 1.6 69.4
108.1 19.8 2.1 64.6
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
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 (%) Reserves to external debt stocks (%)
Notes: Data include the effects of HIPC and MDRI debt relief.
138
UKRAINE (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
13,890 9,664 447 183 3,779
33,706 18,584 12,063 110 3,059
104,327 71,427 19,873 650 13,027
125,083 81,557 27,264 1,671 16,262
135,396 86,458 32,727 13 16,212
130,842 83,296 34,750 1,518 12,795
147,156 105,143 34,823 48 7,190
130,686 100,644 22,435 2,143 7,608
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 ..
18,584 9,054 5,021 4,033 2,835 9,530 550
71,427 18,032 11,093 6,939 5,832 53,395 5,114
81,557 24,877 14,731 10,146 9,058 56,681 5,319
86,458 25,368 12,528 12,840 11,768 61,090 5,794
83,296 27,051 11,797 15,254 14,197 56,245 5,294
105,143 32,303 11,656 20,647 20,607 72,840 9,269
100,644 34,549 13,483 21,065 21,043 66,095 7,614
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
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
16,765 4,163 560 3,603 3,600 12,602 ..
37,611 11,566 3,116 8,450 8,450 26,046 3,975
11,394 4,744 3,744 1,000 1,000 6,650 ..
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 ..
4,033 1,208 546 662 637 2,825 ..
17,870 1,736 475 1,261 1,224 16,134 695
23,073 910 477 433 416 22,163 1,525
24,069 2,851 2,818 33 15 21,218 1,075
21,614 2,492 1,288 1,204 1,186 19,122 500
26,430 6,407 3,313 3,094 2,076 20,023 ..
8,753 1,594 1,113 481 465 7,159 50
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
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
5,163 1,618 396 1,223 1,222 3,545 612
-1,285 -1,666 380 354 -10 364 26
5,219 -283 5,501 3,803 186 3,617 1,698
9,431 11,187 -1,756 -678 -1,261 583 -1,078
20,676 7,215 13,461 7,091 3,252 3,839 6,370
11,498 -2,218 13,716 6,595 2,720 3,876 7,121
-7,744 -4,142 -3,603 -4,121 2,399 -6,519 518
7,147 -5,775 12,921 11,378 5,356 6,022 1,543
-10,957 3,516 -14,473 10 519 -509 -14,483
595 146
7,493 82
4,456 105
5,550 290
6,121 519
6,248 516
3,668 1,180
712 -391
30,320 19,665 19,032 43 33 1,353
85,157 43,384 43,695 268 2,408 18,988
114,788 56,704 61,101 2,542 5,941 25,557
134,410 70,341 76,332 2,218 6,535 33,327
159,364 89,137 103,078 4,084 7,822 30,409
172,813 93,598 110,909 4,775 8,449 22,656
178,236 89,486 108,153 5,005 9,667 18,776
130,247 70,835 77,708 1,741 7,354 6,622
70.6 45.8 18.4 9.7
77.7 39.6 13.2 56.3
184.0 90.9 39.7 24.5
177.8 93.1 38.6 26.6
151.9 85.0 32.7 22.5
139.8 75.7 31.8 17.3
164.4 82.6 42.3 12.8
184.5 100.3 25.2 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
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
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 (%) Reserves to external debt stocks (%)
139
UZBEKISTAN (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
4,980 4,228 282 3 469
4,656 4,168 112 8 376
6,962 6,386 163 19 412
7,796 7,154 238 70 405
8,435 7,666 366 70 403
8,849 8,108 337 0 404
10,681 9,857 419 0 405
13,389 12,517 491 0 381
4,228 3,762 2,117 1,645 0 467 ..
4,168 3,626 2,451 1,175 0 542 ..
6,386 3,269 2,934 335 0 3,117 ..
7,154 3,423 3,197 226 0 3,730 ..
7,666 3,756 3,529 227 0 3,910 ..
8,108 3,983 3,821 163 0 4,125 ..
9,857 4,379 4,254 125 0 5,478 ..
12,517 5,653 5,468 185 0 6,864 ..
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 ..
2,612 475 466 8 0 2,138 ..
1,191 455 440 15 0 736 ..
947 603 528 75 0 344 ..
1,028 587 577 10 0 441 ..
2,378 780 770 10 0 1,598 ..
2,755 1,002 883 119 0 1,753 ..
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 ..
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 ..
675 307 266 40 0 369 ..
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 ..
120 82 71 12 0 38 ..
118 63 59 4 0 55 ..
158 68 62 6 0 90 ..
173 75 66 9 0 97 ..
163 66 64 2 0 97 ..
206 67 64 3 0 139 ..
-223 196 -419 -75 9 -84 -344
-301 5 -305 -239 -271 32 -66
1,832 241 1,591 1,658 -153 1,811 -67
722 184 538 514 -99 613 24
615 302 313 185 6 179 128
553 360 193 152 -66 218 41
1,932 538 1,393 1,311 -42 1,353 82
2,152 617 1,535 1,463 79 1,384 72
75 ..
192 ..
842 ..
1,636 ..
1,635 ..
563 ..
686 ..
751 ..
13,541 .. .. .. .. ..
14,283 .. .. .. .. ..
33,714 .. .. .. 2,052 ..
40,492 .. .. .. 2,845 ..
47,104 .. .. .. 4,262 ..
53,468 .. .. .. 5,668 ..
60,019 .. .. .. 6,633 ..
65,556 .. .. .. 5,588 ..
.. 36.8 .. ..
.. 32.6 .. ..
.. 20.6 .. ..
.. 19.3 .. ..
.. 17.9 .. ..
.. 16.6 .. ..
.. 17.8 .. ..
.. 20.4 .. ..
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
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 (%) Reserves to external debt stocks (%)
140
VANUATU (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
95.7 73.1 1.4 0.0 21.2
105.3 71.9 10.2 0.2 23.3
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
181.3 76.7 81.0 0.0 23.6
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 .. ..
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 .. ..
76.7 76.7 76.7 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 .. ..
11.7 11.7 11.7 0.0 0.0 .. ..
0.0 0.0 0.0 0.0 0.0 .. ..
0.0 0.0 0.0 0.0 0.0 .. ..
0.0 0.0 0.0 0.0 0.0 .. ..
0.0 0.0 0.0 0.0 0.0 .. ..
0.0 0.0 0.0 0.0 0.0 .. ..
Principal repayments Public and publicly guaranteed Official creditors 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 .. ..
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 .. ..
3.5 3.5 3.5 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 .. ..
1.4 1.4 1.4 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 .. ..
1.3 1.3 1.3 0.0 0.0 .. ..
13.6 13.4 0.3 .. .. .. 0.3
-28.1 -1.1 -27.0 .. .. .. -27.0
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
54.5 -3.5 58.0 .. .. .. 58.0
20.3 ..
13.5 ..
23.8 ..
40.6 ..
57.8 ..
37.2 ..
31.9 ..
-22.3 ..
259.0 175.7 178.8 21.9 34.7 38.9
369.0 204.6 258.6 35.3 5.1 67.2
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 22.0 182.2
768.6 408.6 457.7 40.2 23.7 179.2
.. .. .. .. 24.1 184.0
54.4 36.9 1.6 40.7
51.5 28.5 1.6 63.8
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 49.4
32.4 17.2 1.9 135.4
.. .. .. 101.5
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
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
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 (%) 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.
141
VIETNAM (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
12,859 11,558 923 78 378
19,039 16,193 2,574 74 272
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
65,491 52,801 12,205 0 485
71,890 58,377 13,057 0 456
11,558 11,558 8,680 2,878 534 .. ..
16,193 16,193 14,259 1,934 1,145 .. ..
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
52,801 42,940 34,770 8,170 2,586 9,861 290
58,377 44,818 35,915 8,903 1,900 13,559 290
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 .. ..
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 ..
9,465 7,033 4,821 2,212 627 2,433 200
13,847 7,530 5,384 2,147 0 6,316 ..
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 .. ..
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 ..
3,274 1,896 1,361 534 23 1,378 ..
5,303 2,685 1,383 1,302 685 2,618 ..
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 .. ..
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
1,239 810 509 301 140 429 32
472 1,020 -548 -706 -706 .. 158
1,926 904 1,022 609 609 .. 413
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
8,508 3,459 5,049 2,733 1,678 1,055 2,316
9,396 4,001 5,395 4,543 845 3,699 852
1,298 ..
1,204 115
6,369 128
7,101 2,383
5,941 1,064
6,943 1,887
6,202 1,389
9,200 ..
33,194 17,481 18,107 .. .. 3,417
56,575 36,987 40,927 .. 3,150 9,051
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
149,569 124,468 123,618 .. 10,000 25,573
164,021 142,916 142,922 .. 11,000 25,893
176,894 161,510 161,976 .. 12,000 34,189
73.6 38.7 7.5 26.6
51.5 33.7 2.6 47.5
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 39.5 3.6 43.3
45.8 39.9 3.2 39.5
44.5 40.6 4.2 47.6
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
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 (%) Reserves to external debt stocks (%) Notes: Short-term debt is based on data from the BIS.
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YEMEN, REPUBLIC OF (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
5,162 4,109 699 27 355
5,501 4,814 353 94 333
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
7,647 6,884 258 147 505
7,710 6,859 306 145 546
4,109 4,109 4,046 63 0 .. ..
4,814 4,814 4,807 7 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 .. ..
6,859 6,859 6,859 0 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 .. ..
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 .. ..
404 404 404 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 .. ..
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 .. ..
216 216 215 0 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 .. ..
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 .. ..
87 87 87 0 0 .. ..
270 -15 285 0 0 .. 285
176 116 61 0 0 .. 61
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 .. ..
213 103 110 -1 -1 .. 111
312 263 50 0 0 .. 50
6 ..
-302 ..
129 ..
43 ..
44 ..
30 ..
-134 ..
-578 ..
8,863 4,158 4,221 855 1,288 2,900
15,139 6,963 7,745 1,603 1,283 6,115
27,378 7,233 11,276 927 1,160 6,936
29,194 9,325 12,503 1,510 1,526 5,868
28,848 10,437 13,099 2,025 1,404 4,449
30,894 9,415 15,207 1,145 3,351 6,068
34,721 9,592 14,747 1,352 3,343 5,284
.. .. .. .. 3,455 ..
124.2 58.2 5.9 56.2
79.0 36.3 3.1 111.2
93.1 24.6 3.6 103.0
71.7 22.9 2.8 87.8
61.5 22.2 2.6 69.3
80.3 24.5 2.7 80.3
79.7 22.0 2.8 69.1
.. .. .. ..
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
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 (%) Reserves to external debt stocks (%)
Notes: Long-term public and publicly guaranteed debt data for 2014 are World Bank staff estimates. Short-term debt is based on data from the BIS.
143
ZAMBIA (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
5,811 4,508 76 33 1,227
5,459 4,536 234 90 689
3,774 2,220 474 154 1,080
4,419 2,111 1,191 167 1,117
5,188 3,482 569 167 1,137
5,935 3,944 864 171 1,126
6,061 4,154 796 173 1,110
7,373 5,485 876 175 1,011
4,508 4,444 4,412 31 0 65 ..
4,536 3,940 3,644 295 0 596 ..
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 ..
3,944 3,182 2,347 835 750 763 ..
4,154 3,392 2,579 813 750 763 ..
5,485 4,484 2,688 1,796 1,750 1,002 ..
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 ..
126 91 91 0 0 35 ..
203 176 176 0 0 27 ..
789 696 605 91 0 93 ..
1,349 1,316 566 750 750 33 ..
374 341 341 0 0 33 ..
1,638 1,258 258 1,000 1,000 380 ..
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 ..
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 ..
224 83 66 17 0 141 ..
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 ..
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 ..
131 98 37 60 60 33 ..
159 198 -39 -9 -1 -8 -30
88 -8 96 27 -12 39 69
45 283 -238 -36 -7 -29 -202
876 193 683 -21 -8 -13 704
52 589 -537 85 75 10 -622
1,485 476 1,009 718 727 -9 291
94 197 -102 -32 -23 -9 -70
1,457 156 1,300 1,222 983 239 78
122 6
329 5
472 -13
1,228 101
942 25
-25 -7
370 5
727 6
3,445 891 1,567 71 .. 245
7,700 2,842 3,181 461 53 560
14,910 4,906 4,509 265 41 1,892
18,903 8,063 6,969 1,303 44 2,094
22,576 9,430 8,715 1,093 46 2,324
24,606 10,521 9,603 239 73 3,042
25,668 11,607 12,170 1,020 54 2,684
25,550 11,077 11,762 1,322 58 3,078
652.0 168.7 21.2 4.2
192.1 70.9 10.0 10.3
76.9 25.3 3.5 50.1
54.8 23.4 1.9 47.4
55.0 23.0 2.3 44.8
56.4 24.1 2.2 51.3
52.2 23.6 2.8 44.3
66.6 28.9 3.7 41.8
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
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 (%) 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 are from the BIS reports. Data include the effects of HIPC and MDRI debt relief.
144
ZIMBABWE (US$ million, unless otherwise indicated) 2000
2005
2009
2010
2011
2012
2013
2014
3,832 2,970 568 55 294
4,445 3,209 1,111 534 125
6,000 3,824 1,634 915 542
6,605 4,259 1,817 938 529
7,311 4,724 2,061 1,054 527
8,655 5,715 2,420 1,144 520
8,196 4,952 2,724 1,236 519
10,570 7,776 2,307 908 487
2,970 2,765 2,428 337 0 205 ..
3,209 3,177 2,771 406 0 32 ..
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 ..
7,776 3,706 3,295 412 0 4,070 ..
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 ..
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 ..
6,237 73 73 0 0 6,165 ..
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 ..
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 ..
3,165 68 68 0 0 3,096 ..
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 ..
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 ..
122 21 21 0 0 101 ..
-329 -58 -271 -37 -19 -19 -233
-180 -169 -11 -16 -2 -14 5
-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
2,983 2 2,980 3,068 .. 3,068 -88
23 ..
103 ..
105 ..
166 ..
387 ..
400 ..
400 ..
545 ..
6,329 .. .. .. .. 193
5,481 .. .. .. .. 97
8,617 .. .. .. .. 822
9,264 .. .. .. .. 732
10,049 .. .. .. .. 659
11,513 .. .. .. .. 574
12,472 .. .. .. .. 474
12,547 .. .. .. .. 363
.. 60.5 .. 5.0
.. 81.1 .. 2.2
.. 69.6 .. 13.7
.. 71.3 .. 11.1
.. 72.8 .. 9.0
.. 75.2 .. 6.6
.. 65.7 .. 5.8
.. 84.2 .. 3.4
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
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 (%) 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.
145
Appendix About the Data
147
Data Sources and Methodology
Data Sources Debtor Reporting System
T
he principal sources of information for the tables in International Debt Statistics 2016 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 low- and middle income countries. For some countries, estimates were prepared by pooling creditor and debtor information. Data on the gross national income of most low- and middle income countries are collected from national statistical organizations or central banks by visiting and resident World Bank missions. Every effort has been made to ensure the accuracy and completeness of the external debt statistics. Coverage has been improved through the efforts of the reporting agencies and close collaboration between the Bank and our partners, Commonwealth Secretariat (COMSEC) and UNCTAD, which provide debt recording and reporting systems across the globe, as well as through the work of the World Bank missions, which visit member countries to gather data and to provide technical assistance on debt issues. Nevertheless, quality and coverage vary among debtors and may also vary for the same debtor from year
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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.
Quarterly External Debt Statistics The Quarterly External Debt Statistics (QEDS) database, jointly developed by the World Bank and the IMF, brings together 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). In October 2014, the World Bank, in collaboration with the IMF, launched the new 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 provides quarterly information on the stock of outstanding external debt, categorized by maturity as well as by borrowing entity and debt instrument. Reporting is voluntary but as of end 2014, 72 countries plus the Euro Area reported under the SDDS, and 47 countries reported under GDDS. The benefit of bringing together comparable external debt data is to facilitate macroeconomic analysis and cross-country data comparison. The Quarterly External Debt Database, which is maintained by the World Bank, can be accessed via the Bank’s web site through the World Bank Open Data at www.databank.worldbank.org.
Quarterly Public Sector Debt As part of the World Bank Open Data Initiative, in December 2010, the World Bank launched for the first time an online, quarterly, Public Sector Debt (PSD) database (www.worldbank.org/qpsd), developed in partnership with the IMF, which allows researchers and policy makers to explore questions about recent developments in public sector debt. The PSD database, with the endorsement of the Inter-Agency Task Force on Finance
150
Statistics (TFFS), initially focused only on low- and middle-income, and emerging market countries; now in partnership with the OECD and Eurostat, the PSD database has been expanded to include the advanced economies. The launch of the database is one of the recommendations in the G-20 Data Gaps Initiative.1 The PSD database facilitates timely dissemination in standard formats of external debt data. By bringing such data and metadata together in one central location, the database supports macroeconomic analysis and cross-country comparison. The database is organized into five sets of tables on the following sectors: General government; o/w central government; o/w budgetary central government; nonfinancial public corporations; and financial public corporations. The database is structured by instruments, maturity, and by creditors as the presentation format articulated in the table 4.3 in the IMF Public Sector Debt Guide. While central government is identified as having the most important key of macroeconomic analysis, the PSD database provides data on other levels of public sector, valuation methods, and debt instruments, and clearly defined tiers of debt where appropriate for central, state, and local governments, as well as extra-budgetary agencies and funds. As of end 2014, 75 countries participated in the Quarterly Public Sector Debt Database, which is maintained by the World Bank; it can be accessed through the Bank’s web site through the World Bank Open Data at www.databank.worldbank.org.
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. 1. Please see http://www.imf.org/external/np/g20 /pdf/102909.pdf. The Public Sector Debt Database is recommendation number 18 in the Data Gaps Initiative Report.
D A T A
Aggregates for regional and income groups are based on the World Bank’s operational classifications, which may differ from common geographic usage or income groups used by other organizations. Country classifications of DRS reporting countries in 2014 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 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 2014. 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 1988–89 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 1991–92 edition, all data pertaining to Asian Development Bank loans from 1989 onward are recorded at their current market value. Starting with the 1998 edition, all data
S O U R C E S
A N D
M E T H O D O L O G Y
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.
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 cashbasis transactions recorded in the main body of the data. Such data encompass information on the debt stock and debt flows restructured each year, the
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amount of principal forgiven (interest forgiven is shown as a memorandum item), and the amount of external debt stock reduced either by forgiveness or by a debt buyback operation. Changes in creditors and debtors that result from debt restructuring are also reflected. For example, when insured commercial credits are rescheduled, the creditor classification shifts from private to official (bilateral), reflecting the assumption of the assets by the official credit insurance agencies in the creditor country. The IDS data will show a reduction in the external debt owed to the original private creditors equal or similar to the amount of debt restructured and a corresponding increase in the debt owed to the new official creditor. Similarly on the debtor side, when a government accepts responsibility for the payment of restructured debt previously owed by a private enterprise, the relevant change in the debtor category will be reflected. Likewise, if short-term external debt is restructured into a long-term obligation, the stock of short-term external debt will decline and the stock of long-term external debt will rise by the amount of short-term debt restructured. In the event of a debt swap of long-term external debt (external debt to equity, external debt for nature, or external debt for development), the face value of the external debt swapped will be recorded as a decline in long-term external debt stock, but no flow transaction (principal repayment) will be recorded.
Projections of Future Disbursements and Debt Service Payments The WBXD system projects future disbursements and future debt service payments on the assumption that every existing loan commitment will be fully used and repaid in full.
Future Disbursements Disbursement projections are made using one of the following methods: •
•
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.
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These projected schedules are based on profiles derived from the disbursement pattern of comparable loans that fully disbursed. Thirty different profiles have been compiled corresponding to each category of creditor and, in the case of official creditors, for concessional and nonconcessional loans. Each profile is derived by applying regression analysis techniques to a body of data on actual disbursements for each fully disbursed loan in the WBXD database. The profiles are periodically updated to take into account the evolving pattern of disbursements observed for fully disbursed loans. Future principal payments are generated by the WBXD system according to the repayment terms of each loan. Principal repayments (amortization) are based on the amount of the loan commitment. If the amortization schedule follows a set pattern (for example, equal semiannual payments), the WBXD system calculates repayments automatically using the loan commitment amount, the first and final payment dates, and the frequency of the payments. If future payments are irregular, the WBXD system requires a schedule. Future interest payments are generated by the WBXD system according to the disbursed and outstanding balance of the loan at the beginning of the period. Using the interest rate specified in the loan contract, the first and final 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 2014 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 2014.
D A T A
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
S O U R C E S
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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.
External Debt and Its Components
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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
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
Public and publicly guaranteed debt
by creditor
Official creditors
Multilateral
Private creditors
Bilateral
M E T H O D O L O G Y
Commercial banks
Bonds
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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 shortterm 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 database (see QEDS). 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 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
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in the treatment of the rescheduled external debt by debtors and creditors may result in double counting. Interest in arrears on long-term external debt and interest in arrears on the use of IMF credit are added to short-term debt and are separately identified.
Use of IMF Credit Data related to the operations of the IMF are provided by the IMF Treasurer’s Department. They are converted from special drawing rights (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 IMF’s special facilities (buffer stock, supplemental reserve, 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
D A T A
aggregate basis and include, for the reporting year, the total amount of disbursed and outstanding debt; the amount of disbursements, principal repayments, and interest payments; the principal and interest rescheduled; and the projected principal and interest payments for future years. The aggregate data are usually reported in U.S. dollars, and no information on the underlying currency composition is given. DRS reporting countries recognize the importance of monitoring borrowing by their private sector, particularly when it constitutes a significant portion of total external debt, but many countries acknowledge the difficulty of this process. Detailed data are available only when countries have registration requirements for private nonguaranteed debt in place, most commonly in connection with exchange controls. When formal registration of private nonguaranteed debt is not mandatory, compilers must rely on balance of payments data and financial surveys. The data on private nonguaranteed debt in this publication is as reported or as estimated for countries where this type of external debt is known to be significant. The estimation of private nonguaranteed debt is based on the national data on 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
S O U R C E S
A N D
M E T H O D O L O G Y
basis. The data provide annual information on the disbursed and outstanding balance and the undisbursed balance of each loan, the cumulative disbursements, the principal and interest paid and principal and interest restructured in the reporting year, and the stock of any outstanding payment’s arrears of principal and interest. Detailed information on the terms and conditions of each loan is also reported. Public debt and publicly guaranteed debt are shown as a single line in this publication and then further disaggregated by creditor type and, in the case of private creditors, by type of credit instrument.
Official Creditors Official creditors include multilateral and bilateral lenders. In general, official creditors provide loans (and, in some cases, provide grants) to public bodies, although in some cases they may lend to other entities with a public guarantee. Multilateral creditors are international financial institutions such as the World Bank, regional development banks, and other multilateral and intergovernmental agencies whose lending is 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. Nonguaranteed private creditors are shown separately.
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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
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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 (2014) Angola (2014) Benin (2013) Burkina Faso (from 2011) Cambodia (2014) China (2014) Comoros (from 2005) Côte d’Ivoire (2014) Djibouti (2014) Dominica (2014) Ecuador (2014)
Ghana (2014) Grenada (2014) Guinea-Bissau (2013) Indonesia (2013) Iran (2011–14) Jordan (2014) Kazakhstan (2014) Lebanon (2014) Malawi (from 2013) Mauritania (from 2006–11) Mongolia (2014)
Morocco (2014) Nigeria (from 2013) Peru (2014) Samoa (2014) São Tomé and Príncipe (2013) Senegal (2013) Serbia (2014) Solomon Islands (2014) Togo (2013) Uganda (2014)
Data on imports of goods, services, and primary income are gap-filled with countries’ balance of payments statistics for the following countries: Algeria (2014) Angola (2014) Benin (2013) Burkina Faso (from 2011) Cambodia (2014) China (2014) Comoros (from 2005) Côte d’Ivoire (2014) Djibouti (2014) Dominica (2014) Ecuador (2014)
Ghana (2014) Grenada (2014) Guinea-Bissau (2013) Indonesia (2013) Iran (2011–14) Jordan (2014) Kazakhstan (2014) Lebanon (2014) Malawi (from 2013) Mauritania (2006–2011) Mongolia (2014)
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Morocco (2014) Nigeria (from 2013) Peru (2014) Samoa (2014) São Tomé and Príncipe (2013) Senegal (2013) Serbia (2014) Solomon Islands (2014) Tanzania (2013) Togo (2013) Uganda (2014)
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M E T H O D O L O G Y
Data on current account balance are based on countries’ balance of payments statistics for the following countries: Algeria (2014) Benin (from 2013) Burkina Faso (from 2011) Cambodia (2014) Central African Republic (from 2005) Chad (from 2005) China (2014) Comoros (from 2005) Congo, Rep. (from 2010) Côte d’Ivoire (2014) Ecuador (2014) Fiji (2014)
Gabon (from 2006) Ghana (2014) Guinea-Bissau (from 2013) Indonesia (2014) Jordan (2014) Kazakhstan (2014) Malawi (from 2013) Malaysia (2014) Mali (2014) Mauritania (2007–2011) Mongolia (2014) Niger (2014) Nigeria (from 2013)
Papua New Guinea (from 2013) Peru (2014) Samoa (2014) Senegal (from 2012) Serbia (2014) Solomon Islands (2014) St. Lucia (2014) St. Vincent (2014) Tanzania (2014) Togo (from 2012) Uganda (2014) Vietnam (2014) Zimbabwe (from 2005)
Data on personal transfers and compensation of employees are based on countries’ balance of payments statistics for the following countries: Honduras (2014) Mongolia (2014)
Nigeria (from 2013) Solomon Islands (2014)
Data on portfolio equity are based on countries’ balance of payments statistics for the following countries: Burkina Faso (from 2011) China (2014) Ecuador (2014)
Malawi (from 2013) Mongolia (2014) Nigeria (from 2013)
Uganda (2014)
Data on foreign direct investment are based on countries’ balance of payments statistics for the following countries: China (2014) Dominica (2014) Kazakhstan (2014) Malaysia (from 2010)
Mongolia (2014) Samoa (2014) Solomon Islands (2014)
Tanzania (2014) Uganda (2014) Vietnam (2014)
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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 (E) Thailand (A) Tonga (A) Vanuatu (E) Vietnam (A) Europe and Central Asia Albania (A) Armenia (A) Azerbaijan (A) Belarus (A) Bosnia and Herzegovinaa (A) Bulgaria (A) Georgia (A) Kazakhstan (A) Kosovo (A) Kyrgyz Republic (A) 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 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) 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. (E) South Asia Afghanistan (A) Bangladesh (P) Bhutan (A) India (A) Maldives (A) Nepal (A) Pakistan (A) Sri Lanka (A) Sub-Saharan Africa Angola (A) Benin (A) Botswana (E) Burkina Faso (A) Burundi (A) Cabo Verde (A) Cameroon (A) Central African Republic (A) Chad (E) Comoros (A) Congo, Dem. Rep. (P) Congo, Rep. (A) Côte d’Ivoire (A) Eritrea (E) Ethiopia (A)
Gabon (E) Gambia, The (A) Ghana (A) Guinea (A) 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) 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 countries
Middle-income countries
Ghana
Afghanistan Benin Burkina Faso Burundi Cambodia Central African Republic Chad Comoros Congo, Dem. Rep. Eritrea Ethiopia Gambia, The Guinea Guinea-Bissau Haiti Liberia Madagascar Malawi Mali Mozambique Nepal Niger Rwanda Sierra Leone Somalia Tanzania Togo Uganda Zimbabwe
Albania Algeria Angola Armenia Azerbaijan Bangladesh 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
Grenada
Gabon
Nigeria
Georgia
Pakistan
Guatemala Guyana Honduras India Indonesia Iran, Islamic Rep. Jamaica Jordan Kazakhstan Kenya Kosovo Kyrgyz Republic Lao PDR Lebanon Lesotho Macedonia, FYR Malaysia Maldives Mauritania Mauritius Mexico Moldova Mongolia Montenegro Morocco Myanmar Nicaragua
Panama Papua New Guinea Paraguay Peru Philippines Romania Samoa São Tomé and Príncipe Senegal Serbia Solomon Islands South Africa Sri Lanka St. Lucia St. Vincent and the Grenadines Sudan Swaziland Syrian Arab Republic Tajikistan Thailand Tonga Tunisia Turkey Turkmenistan Ukraine Uzbekistan Vanuatu Vietnam Yemen, Rep. Zambia
Note: Low-income countries are those with a GNI per capita of $1,045 or less in 2014. Middle-income countries are those with a GNI per capita of more than $1,046 but less than $12,736. Italicized countries are IDA-only countries as of July 1, 2015; 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 year’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 country’s monetary authority’s holdings of special drawing rights, its reserve position in the IMF, its holdings of foreign exchange, and its holdings of gold (valued at year-end London prices).
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 year’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 countries’ official reserves. The value of SDRs is based on a basket of four key international currencies: the U.S. dollar, the pound sterling, the Japanese yen, and the euro. In addition to playing a role as a supplementary reserve asset, SDRs serve as the unit of account for the IMF and some other international organizations. Technical cooperation grants include (a) freestanding technical cooperation grants, which are intended to finance the transfer of technical and
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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 economy’s central, state, and local governments and all embassies, consulates, military establishments, and other entities, which are located elsewhere, of an economy’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
Environmental Benefits Statement The World Bank Group is committed to reducing its environmental footprint. In support of this commitment, the Publishing and Knowledge Division leverages electronic publishing options and print-on-demand technology, which is located in regional hubs worldwide. Together, these initiatives enable print runs to be lowered and shipping distances decreased, resulting in reduced paper consumption, chemical use, greenhouse gas emissions, and waste. The Publishing and Knowledge Division follows the recommended standards for paper use set by the Green Press Initiative. The majority of our books are printed on Forest Stewardship Council (FSC)–certified paper, with nearly all containing 50–100 percent recycled content. The recycled fiber in our book paper is either unbleached or bleached using totally chlorine free (TCF), processed chlorine free (PCF), or enhanced elemental chlorine free (EECF) processes. More information about the Bank’s environmental philosophy can be found at http://crinfo.worldbank.org/wbcrinfo/node/4.