From From Global Global Development Development Finance Finance
The TheLittle LittleBook Book ononExternal ExternalDebt Debt
TotalTotal external external debtdebt
TotalTotal debtdebt service service paidpai
Disbursements Disbursements
Aggregate Aggregate net resource net resource flows flow
Principal Principal repayments repayments
Aggregate Aggregate net transfers net transfer
Net Net flows flows
Major Major economic economic aggregates aggregate
Interest Interest payments payments
DebtDebt ratios ratio
Net Net transfers transfers
Currency Currency composition compositio
4(%,)44,%"//+ /.%84%2.!,$%"4
THE WORLD BANK
Copyright ©2006 by the International Bank for Reconstruction and Development/THE WORLD BANK 1818 H Street, NW Washington, D.C. 20433 USA All rights reserved Manufactured in the United States of America First printing April 2006 ISBN 0-8213-6605-X
The Little Book on External Debt 2006 is a product of the Development Data Group of the World Bank’s Development Economics Vice Presidency. Editing, design, and layout by Communications Development Incorporated, Washington, D.C. Cover design by Grundy & Northedge, London, UK.
Contents Acknowledgments
4
Preface
5
Data notes
6
Regional tables All developing countries
8
East Asia and the Pacific
9
Europe and Central Asia
10
Latin America and the Caribbean
11
Middle East and North Africa
12
South Asia
13
Sub-Saharan Africa
14
Income group tables Low income
16
Middle income
17
Country tables (in alphabetical order)
Glossary
20
155
2006 Little Book on External Debt
3
Acknowledgments This volume was prepared by the Financial Data Team of the Development Data Group, led by Ibrahim Levent. The team consisted of Vinoda Basnayake, Nanasamudd Chhim, Nevin Fahmy, Shelley Fu, Nino Kostava, Yulia Makarova, Gloria Moreno, Olha Pryymak, and Alagiri Venkatesan. The team was assisted by Rosario Alipio. Many others inside the World Bank provided helpful input, and the country economists reviewed the data. The work was carried out under the management of Shaida Badiee. Production of the volume was managed by Richard Fix, with assistance from Azita Amjadi, Priya Pandya, and Gonca Okur. Meta de Coquereaumont, Michael Diavolikis, Christopher Trott, and Elaine Wilson of Communications Development Incorporated provided design, editing, and layout. Staff from External Affairs oversaw publication and dissemination of the book.
4
2006 Little Book on External Debt
Preface The Little Book on External Debt, a pocket edition of the Global Development Finance 2006, Volume II, Summary and Country Tables, contains statistical tables on the external debt of the 135 countries that report public and publicly guaranteed debt under the Debtor Reporting System. It also includes tables of selected debt and resource flow statistics for individual reporting countries as well as summary tables for regional and income groups. It is the culmination of a year-long process that requires extensive cooperation from people and organizations around the globe—national central banks, ministries of finance, major multilateral organizations, and many departments of the World Bank. The Little Book on External Debt, appearing for the first time this year, provides a quick reference for users of the Global Development Finance 2006 book, CD-ROM, GDF Online, and electronic subscription database. The general cutoff date for data is December 2005. The Little Book on External Debt covers external debt stocks and flows, major economic aggregates, key debt ratios, and the currency composition of longterm debt for all countries reporting through the Debtor Reporting System. Definitions of the terms used in the tables are found in the Glossary. The economic aggregates presented in the tables are prepared for the convenience of users. Although debt ratios can provide useful information about developments in debt-servicing capacity, conclusions drawn from them will not be valid unless accompanied by careful economic evaluation. The macroeconomic information is from standard sources, but much of it is subject to considerable margins of error, and the usual care must be taken in interpreting the indicators. This is particularly the case for the most recent year, for which data are preliminary and subject to revision.
Shaida Badiee Director Development Data Group
2006 Little Book on External Debt
5
Data notes Unless otherwise indicated: • All data are in millions of U.S. dollars. • Dollars are current U.S. dollars. The following symbols are used throughout the tables: 0.0
indicates that data exist, but are negligible or a true zero.
*
represents the ratio of the present value of debt for the year displayed to the three-year average (ending with the displayed year) of exports or gross national income (GNI).
..
indicates that data are not available.
Converting to a common currency Since debt data are normally reported to the World Bank in the currency of repayment, they have to be converted to a common currency (usually U.S. dollars) to produce summary tables. Because flow data are converted at average annual exchange rates and stock data at year-end exchange rates, year to year changes in debt outstanding and disbursed are sometimes not equal to net flows (disbursements less principal repayments). Similarly, changes in debt outstanding, including undisbursed debt, differ from commitments less repayments. Discrepancies are particularly large when exchange rates have moved sharply during the year; cancellations and reschedulings of other liabilities into long-term public debt also contribute to the differences.
6
2006 Little Book on External Debt
Regional tables The country composition of regions is based on the World Bank’s analytical regions and may differ from common geographic usage. East Asia and Pacific Cambodia (A), China (P), Fiji (A), Indonesia (P), Lao PDR (P), Malaysia (P), Mongolia (A), Myanmar (E), Papua New Guinea (A), Philippines (A), Samoa (A), Solomon Islands (A), Thailand (P), Tonga (A), Vanuatu (A), Vietnam (P) Europe and Central Asia Albania (A), Armenia (A), Azerbaijan (A), Belarus (A), Bosnia and Herzegovina (A), Bulgaria (A), Croatia (A), Czech Republic (P), Estonia (A), Georgia (A), Hungary (A), Kazakhstan (A), Kyrgyz Republic (A), Latvia (A), Lithuania (A), Macedonia, FYR (A), Moldova (A), Poland (A), Romania (A), Russian Federation (P), Serbia and Montenegro (A), Slovak Republic (A), Tajikistan (P), Turkey (A), Ukraine (A), Uzbekistan (A) Latin America and the Caribbean Argentina (A), Barbados (E), Belize (A), Bolivia (A), Brazil (A), Chile (A), Colombia (A), Costa Rica (A), Dominica (A), Dominican Republic (E), Ecuador (P), El Salvador (A), Grenada (A), Guatemala (A), Guyana (A), Haiti (A), Honduras (A), Jamaica (A), Mexico (A), Nicaragua (A), Panama (A), Paraguay (A), Peru (A), St. Kitts and Nevis (A), St. Lucia (A), St. Vincent and the Grenadines (A), Trinidad and Tobago (A), Uruguay (A), Venezuela, R.B. (A) Middle East and North Africa Algeria (A), Djibouti (A), Egypt, Arab Rep. of (A), Iran, Islamic Rep. of (A), Jordan (A), Lebanon (A), Morocco (A), Oman (A), Syrian Arab Republic (E), Tunisia (A), Yemen, Rep. (A) South Asia Bangladesh (A), Bhutan (A), India (A), Maldives (A), Nepal (A), Pakistan (P), Sri Lanka (A) Sub-Saharan Africa Angola (P), Benin (E), Botswana (A), Burkina Faso (A), Burundi (A), Cameroon (P), Cape Verde (A), Central African Republic (P), Chad (P), Comoros (P), Congo, Dem. Rep. (P), Congo, Rep. (P), Côte d’Ivoire (E), Equatorial Guinea (E), Eritrea (A), Ethiopia (A), Gabon (E), Gambia, The (A), Ghana (A), Guinea (E), Guinea-Bissau (P), Kenya (A), Lesotho (A), Liberia (E), Madagascar (A), Malawi (A), Mali (A), Mauritania (A), Mauritius (A), Mozambique (P), Niger (P), Nigeria (P), Rwanda (E), São Tomé and Principe (P), Senegal (P), Seychelles (A), Sierra Leone (A), Somalia (E), South Africa (P), Sudan (A), Swaziland (P), Tanzania (P), Togo (A), Uganda (A), Zambia (E), Zimbabwe (A) Note: Letters in parenthesis indicate Debtor Reporting System reporters’ status: (A) as reported, (P) preliminary, and (E) estimated. As reported indicates that the country was fully current in its reporting under the Debtor Reporting System and that World Bank staff are satisfied that the reported data give an adequate and fair representation of the country’s total external debt. Preliminary data are based on reported or collected information but, because of incompleteness or other reasons, include an element of staff estimation. 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.
2006 Little Book on External Debt
7
All developing countries Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
2,693,256 5,252 524.7 53.9 2003
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
2004
2,581,793 2,755,725 2,054,118 2,164,919 1,451,036 1,493,438 819,430 828,054 631,606 665,383 442,351 477,472 603,082 671,482 106,865 96,044 420,810 494,762 46,381 50,304
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
334,987 305,366 132,212 29,621 317,061 289,818 145,753 27,243 72,807 54,880 103,303 88,986 61,181 2,424 11,893 –30,493 420,364
394,493 387,547 150,922 6,946 345,439 323,801 139,303 21,637 119,082 70,028 104,815 86,908 59,435 3,463 14,444 14,267 450,254
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
246,055 15,548 161,606 25,199 43,701 20,564 53,588 103,481
362,964 63,745 211,385 37,558 50,275 20,711 159,138 116,917
Major economic aggregates Gross national income (GNI) 6,901,864 8,119,980 Exports of goods, services, and income 2,429,917 3,110,168 Worker remittances & compensation of employees 140,473 160,350 Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt Currency composition (%) Euro Japanese yen U.S. dollar
8
2006 Little Book on External Debt
106.3 37.4 16.7 .. .. 49.5
88.6 33.9 14.5 107.2 38.3 61.1
18.5 10.9 60.3
19.7 10.4 60.0
East Asia & Pacific Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
571,890 1,846 319.0 45.5 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
541,471 388,696 266,437 177,975 88,462 42,290 122,259 12,131 140,644 8,447
588,888 403,085 269,630 182,640 86,989 46,524 133,455 10,964 174,839 8,461
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
56,574 54,620 19,315 1,954 73,197 70,708 31,132 2,489 1,903 18,526 18,917 14,609 9,991 203 4,105 –17,014 92,114
62,382 62,382 25,198 0 58,771 57,135 26,067 1,636 37,792 34,181 20,042 15,153 10,743 285 4,603 17,750 78,813
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
58,607 –16,088 59,751 12,446 2,499 3,459 15,194 28,804
90,141 5,247 64,563 17,575 2,757 3,647 50,189 24,800
Major economic aggregates Gross national income (GNI) 2,256,880 2,622,131 Exports of goods, services, and income 909,826 1,154,112 Worker remittances & compensation of employees 35,870 41,243 Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt Currency composition (%) Euro Japanese yen U.S. dollar
59.5 24.0 10.1 .. .. 104.6
51.0 22.5 6.8 62.9 25.2 136.4
7.3 27.9 56.0
8.7 28.2 54.4
2006 Little Book on External Debt
9
Europe & Central Asia Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
788,252 468 1,699.6 39.9 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
680,522 512,251 300,956 134,508 166,448 118,528 211,295 35,315 132,956 5,494
794,943 603,687 321,739 137,765 183,974 133,903 281,947 30,735 160,521 4,035
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
115,876 113,387 27,747 2,489 90,474 85,991 30,315 4,483 57,886 32,484 26,204 22,152 14,827 803 3,248 31,686 116,677
178,338 176,695 37,555 1,642 124,195 116,662 31,820 7,533 83,166 29,024 30,085 24,188 15,001 1,201 4,696 53,081 154,280
72,447 27,396 35,932 493 8,626 4,391 21,838 28,457
137,009 60,033 62,211 4,450 10,314 4,413 75,500 37,321
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
Major economic aggregates Gross national income (GNI) 1,358,822 1,711,218 Exports of goods, services, and income 614,889 787,692 Worker remittances & compensation of employees 15,125 19,431 Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt Currency composition (%) Euro Japanese yen U.S. dollar
10
2006 Little Book on External Debt
110.7 50.1 19.0 .. .. 36.6
100.9 46.5 19.6 125.9 56.2 41.4
34.8 4.8 53.7
37.4 4.2 52.6
Latin America & Caribbean Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
838,925 534 1,458.3 55.2 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
785,930 649,555 426,330 148,222 278,107 245,044 223,225 47,758 88,617 13,944
778,970 639,331 433,342 144,066 289,277 256,162 205,989 43,307 96,333 18,764
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
120,035 95,907 54,737 24,129 112,007 93,448 50,997 18,559 10,241 2,213 41,200 36,487 22,827 1,323 3,390 –30,959 153,207
101,924 97,696 48,839 4,228 116,240 105,756 45,112 10,484 –11,421 2,895 40,483 34,870 22,895 1,881 3,732 –51,905 156,724
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
50,000 2,459 41,116 3,382 3,043 3,809 –10,961 24,473
57,103 –8,060 60,843 –606 4,926 3,977 –11,442 33,675
Major economic aggregates Gross national income (GNI) 1,693,780 1,940,649 Exports of goods, services, and income 490,404 593,957 Worker remittances & compensation of employees 34,803 41,031 Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt Currency composition (%) Euro Japanese yen U.S. dollar
160.3 46.4 31.2 .. .. 25.5
131.1 40.1 26.4 164.4 47.8 29.1
13.0 5.1 76.3
14.0 4.8 76.4
2006 Little Book on External Debt
11
Middle East & North Africa Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
156,276 263 623.4 81.5 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
161,163 137,908 130,940 94,527 36,413 17,466 6,968 1,831 21,424 2,784
163,935 141,014 133,862 94,258 39,604 20,533 7,152 1,378 21,543 2,914
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
12,436 12,436 10,753 0 14,656 14,096 12,515 560 –353 1,867 6,195 5,548 5,308 35 611 –6,548 20,850
14,280 14,280 12,810 0 16,033 15,522 14,076 511 –1,763 –10 5,618 4,880 4,538 35 703 –7,381 21,650
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
7,633 –1,660 5,599 95 3,600 2,175 –1,684 3,769
9,271 –1,242 5,340 649 4,523 1,815 273 4,119
436,079 213,836 17,852
491,132 204,166 19,651
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt
75.4 37.0 9.8 .. .. 60.6
80.3 33.4 10.6 95.5 35.6 68.5
Currency composition (%) Euro Japanese yen U.S. dollar
29.0 10.3 45.6
30.7 9.5 45.3
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
12
2006 Little Book on External Debt
South Asia Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
164,665 1,418 136.7 78.6 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
181,479 171,476 147,577 110,778 36,798 8,045 23,900 2,586 7,416 0
193,933 181,227 152,895 113,673 39,222 9,199 28,332 2,423 10,283 0
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
17,332 16,682 11,546 650 17,726 17,023 14,301 703 347 741 7,158 7,015 5,701 31 112 –6,810 24,883
25,391 24,976 16,365 414 20,557 19,874 15,315 683 7,701 2,866 4,423 4,128 3,189 30 264 3,278 24,979
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
17,265 –341 5,646 8,049 3,912 1,539 3,018 7,232
24,584 5,102 7,151 8,789 3,543 1,475 12,039 8,417
757,752 149,197 31,094
866,788 200,857 31,671
121.6 23.9 16.7 .. .. 67.4
96.6 22.4 12.4 105.1 21.7 77.3
6.5 16.2 62.0
6.4 15.6 62.5
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt Currency composition (%) Euro Japanese yen U.S. dollar
2006 Little Book on External Debt
13
Sub-Saharan Africa Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
173,247 724 324.8 77.5 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
231,229 194,232 178,796 153,418 25,378 10,979 15,436 7,244 29,752 15,711
235,056 196,576 181,970 155,653 26,317 11,150 14,606 7,238 31,243 16,129
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
12,734 12,336 8,115 399 9,001 8,552 6,494 449 2,782 –951 3,630 3,175 2,526 28 427 –848 12,632
12,180 11,518 10,154 662 9,643 8,852 6,913 791 3,608 1,072 4,165 3,689 3,069 30 445 –557 13,808
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
40,103 3,784 13,562 735 22,022 5,191 26,182 10,746
44,855 2,665 11,276 6,701 24,213 5,384 32,580 8,586
403,586 147,527 5,730
486,689 174,319 7,323
156.7 57.3 8.6 .. .. 17.9
134.8 48.3 7.9 117.2 42.8 27.0
23.1 5.7 49.2
21.7 4.7 51.1
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt Currency composition (%) Euro Japanese yen U.S. dollar
14
2006 Little Book on External Debt
Income group tables For operational and analytical purposes the World Bank’s main criterion for classifying economies is GNI per capita. In The Little Book on External Debt every economy is classified as low income or middle income. Low- and middle-income economies are sometimes referred to as developing economies. The use of the term is convenient; it is not intended to imply that all economies in the group are experiencing similar development or that other economies have reached a preferred or final stage of development. Note that classification by income does not necessarily reflect development status. Low-income economies are those with a GNI per capita of $825 or less in 2004. Middle-income economies are those with a GNI per capita of more than $825 but less than $10,066. Lower-middle-income and upper-middle-income countries are separated at a GNI per capita of $3,255.
2006 Little Book on External Debt
15
Low income Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
328,105 2,291 186.3 81.1 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
412,459 370,088 340,349 289,100 51,249 12,365 29,739 11,149 31,222 16,012
426,945 379,869 346,191 292,596 53,596 13,502 33,678 10,888 36,188 16,719
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
24,866 23,803 18,294 1,063 24,043 22,696 19,147 1,347 972 148 9,608 9,223 7,745 67 318 –8,637 33,651
34,262 33,151 24,131 1,112 27,190 25,548 20,202 1,642 11,330 4,258 7,623 7,063 5,927 65 496 3,707 34,813
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
51,120 1,108 14,862 8,224 26,927 7,436 29,081 12,815
63,243 7,603 17,031 8,899 29,710 7,840 42,856 13,324
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt Currency composition (%) Euro Japanese yen U.S. dollar
16
2006 Little Book on External Debt
1,047,575 1,197,848 299,918 345,901 40,798 43,967
137.5 39.4 11.2 .. .. 38.8
123.4 35.6 10.1 121.5 31.7 47.6
14.3 11.8 53.9
13.3 11.1 55.1
Middle income Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
2,365,151 2,961 786.4 48.9 2003
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
2004
2,169,334 2,328,780 1,684,030 1,785,050 1,110,687 1,147,246 530,330 535,458 580,357 611,788 429,986 463,969 573,343 637,804 95,716 85,156 389,588 458,574 30,369 33,585
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
310,122 281,563 113,918 28,558 293,018 267,122 126,606 25,896 70,336 54,732 93,695 79,763 53,435 2,357 11,575 –21,856 386,713
360,231 354,396 126,791 5,835 318,249 298,253 119,101 19,995 107,752 65,770 97,192 79,846 53,507 3,398 13,949 10,559 415,441
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
194,935 14,441 146,745 16,975 16,774 13,129 24,507 90,666
299,721 56,142 194,354 28,660 20,565 12,871 116,282 103,593
Major economic aggregates Gross national income (GNI) 5,855,754 6,916,687 Exports of goods, services, and income 2,223,664 2,766,474 Worker remittances & compensation of employees 99,675 116,383 Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt
97.6 37.0 17.4 .. .. 51.5
84.2 33.7 15.0 105.4 39.5 63.6
Currency composition (%) Euro Japanese yen U.S. dollar
19.8 10.6 62.3
21.7 10.2 61.5
2006 Little Book on External Debt
17
Country tables
Albania Europe and Central Asia
Lower middle income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
1,056 3.1 497.8 90.7 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
1,485 1,245 1,233 1,210 23 0 12 90 149 1
1,549 1,451 1,404 1,381 23 0 46 97 1 1
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
148 136 136 11 38 28 26 10 230 120 19 16 15 0 3 211 57
197 185 149 12 51 42 36 9 –3 –148 23 21 20 0 1 –25 74
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
398 108 178 0 112 146 381 1
679 143 426 0 110 156 657 0
5,884 2,140 889
7,734 0 889
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt
69.4 25.2 2.6 56.7 19.8 69.9
0.0 20.0 0.0 50.8 17.4 89.6
Currency composition (%) Euro Japanese yen U.S. dollar
29.0 3.0 60.4
29.5 3.4 59.1
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
20
2006 Little Book on External Debt
Algeria Middle East and North Africa
Lower middle income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
21,322 32.4 679.5 91.3 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
23,573 22,440 21,881 16,864 5,017 0 559 988 146 0
21,987 20,913 20,249 15,599 4,650 0 664 643 431 0
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
1,923 1,923 1,472 0 3,227 2,788 2,777 439 –1,266 38 1,085 1,057 1,055 24 4 –2,352 4,312
1,963 1,963 1,679 0 4,721 4,350 4,134 372 –2,473 285 1,033 1,001 984 22 10 –3,506 5,754
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
–161 –865 634 0 71 146 –1,218 0
–1,407 –2,386 882 0 97 190 –2,409 0
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
65,319 0 1,750
81,049 0 2,460
0.0 36.1 0.0 99.9 39.8 150.4
.. 27.1 .. 79.8 32.0 207.8
37.7 12.8 37.3
41.8 11.1 36.4
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt Currency composition (%) Euro Japanese yen U.S. dollar
2006 Little Book on External Debt
21
Angola Sub-Saharan Africa
Lower middle income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
8,801 15.5 614.6 90.5 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
9,316 8,194 8,194 3,099 5,095 0 0 0 1,122 938
9,521 8,631 8,631 3,435 5,196 0 0 0 890 705
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
1,731 1,731 1,731 0 1,193 1,193 1,193 0 475 –63 166 159 159 0 6 310 1,358
2,506 2,506 2,506 0 1,875 1,875 1,875 0 632 1 175 169 169 0 7 457 2,050
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
4,455 538 3,505 0 412 84 3,033 1,264
2,438 631 1,444 0 363 72 319 1,950
12,098 9,722 0
17,255 13,831 0
95.8 77.0 14.0 117.0 101.7 6.8
68.8 55.2 14.8 82.2 68.5 14.4
7.3 0.5 86.1
10.7 0.4 84.3
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt Currency composition (%) Euro Japanese yen U.S. dollar
22
2006 Little Book on External Debt
Argentina Latin America and Caribbean
Upper middle income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
191,462 38.4 4,410.8 61.3 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
166,086 127,579 99,192 21,348 77,844 77,316 28,387 15,523 22,984 12,637
169,247 127,661 103,850 21,466 82,385 81,832 23,811 14,091 27,496 17,496
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
11,155 5,554 4,614 5,601 11,946 6,202 5,372 5,743 –60 730 2,061 1,258 1,139 504 299 –2,121 14,007
6,282 2,813 1,156 3,469 10,023 4,519 1,375 5,504 –4,088 –347 2,354 1,542 693 554 258 –6,442 12,377
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
1,106 –648 1,652 65 37 67 –1,210 1,058
2,320 –1,706 4,084 –86 28 67 –1,778 2,556
121,626 37,091 256
144,130 43,462 288
447.8 136.6 37.8 530.6 116.9 8.5
389.4 117.4 28.5 509.7 159.4 11.6
31.3 4.4 61.4
32.3 4.3 60.8
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt Currency composition (%) Euro Japanese yen U.S. dollar
2006 Little Book on External Debt
23
Armenia Europe and Central Asia
Lower middle income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
1,412 3.0 404.5 78.5 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
1,131 901 877 875 2 0 24 215 15 0
1,224 984 961 959 1 0 24 218 22 0
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
123 95 91 28 83 56 55 26 41 1 13 11 10 1 0 28 96
132 104 94 28 96 61 51 35 44 7 11 9 8 1 1 32 107
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
212 38 121 0 53 94 166 35
325 43 219 1 62 99 178 139
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
2,919 1,079 168
3,120 1,327 336
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt
104.8 38.7 8.9 85.4 29.2 45.1
92.3 39.2 8.0 130.3 49.9 47.0
7.5 0.2 90.5
7.6 0.2 87.7
Currency composition (%) Euro Japanese yen U.S. dollar
24
2006 Little Book on External Debt
Azerbaijan Europe and Central Asia
Lower middle income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
1,586 8.3 239.1 71.0 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
1,746 1,384 1,307 1,199 108 0 76 259 103 0
1,986 1,640 1,409 1,318 91 0 230 208 138 0
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
272 236 183 36 192 113 63 79 101 21 24 18 15 3 3 77 216
335 335 101 0 213 153 60 60 157 35 23 17 17 3 4 134 236
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
3,462 124 3,285 0 53 69 3,021 422
3,797 182 3,556 0 59 70 3,199 581
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
6,833 3,263 171
7,821 4,492 228
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt
53.5 25.5 6.6 47.1 22.7 47.0
44.2 25.4 5.2 44.8 23.2 54.9
Currency composition (%) Euro Japanese yen U.S. dollar
3.8 32.7 52.0
4.5 30.6 53.8
2006 Little Book on External Debt
25
Bangladesh South Asia
Low income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
14,064 139.2 146.1 94.2 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
18,759 18,068 18,068 17,513 555 0 0 74 617 0
20,344 19,171 19,171 18,628 543 0 0 231 942 0
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
936 866 866 70 496 422 422 73 512 72 176 162 162 1 13 336 672
1,151 1,004 1,004 147 462 462 462 0 1,014 325 212 184 184 1 28 802 675
1,191 444 268 2 478 248 852 178
1,816 542 449 4 822 216 1,386 247
54,778 11,298 3,192
59,568 12,908 3,584
166.0 34.2 5.9 128.2 25.1 14.0
157.6 34.2 5.2 123.9 25.7 15.8
0.7 17.0 50.1
0.6 16.0 50.1
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt Currency composition (%) Euro Japanese yen U.S. dollar
26
2006 Little Book on External Debt
Barbados Latin America and Caribbean
Upper middle income
Present value of debt Population (thousands) Debt per capita ($) Share of public sector debt in total (%)
757.5 268.9 2,612.8 100.0 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
721.2 721.2 721.2 392.8 328.4 270.0 0.0 0.0 0.0 0.0
702.5 702.5 702.5 382.4 320.1 260.0 0.0 0.0 0.0 0.0
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
32.0 32.0 32.0 0.0 38.7 38.7 38.7 0.0 –6.7 0.0 45.0 45.0 45.0 0.0 0.0 –51.6 83.7
17.4 17.4 17.4 0.0 45.2 45.2 45.2 0.0 –27.8 0.0 42.6 42.6 42.6 0.0 0.0 –70.4 87.8
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
147.9 –6.7 58.0 94.7 1.8 2.4 82.0 20.9
25.5 –27.8 50.0 0.3 3.3 3.2 –93.2 76.1
2,573.5 1,601.6 113.0
2,686.3 1,692.3 109.3
45.0 28.0 5.2 52.6 32.6 102.3
41.5 26.2 5.2 47.8 29.3 82.5
0.0 0.0 69.0
0.0 0.0 68.9
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt Currency composition (%) Euro Japanese yen U.S. dollar
2006 Little Book on External Debt
27
Belarus Europe and Central Asia
Lower middle income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
3,672 9.8 378.4 19.7 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
2,723 723 710 381 329 0 13 26 1,975 2
3,717 772 744 480 264 0 29 9 2,936 0
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
58 58 47 0 171 139 138 33 141 254 87 32 32 1 54 56 258
231 231 197 0 215 198 179 17 978 963 111 37 36 0 74 867 326
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
112 –81 172 3 18 18 55 26
222 32 169 1 21 26 148 38
17,790 11,699 222
22,876 15,813 244
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt
23.3 15.3 2.2 27.0 17.9 23.4
23.5 16.2 2.1 29.9 19.9 22.5
Currency composition (%) Euro Japanese yen U.S. dollar
32.1 2.2 52.3
25.0 1.7 61.7
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
28
2006 Little Book on External Debt
Belize Latin America and Caribbean
Upper middle income
Present value of debt Population (thousands) Debt per capita ($) Share of public sector debt in total (%)
1,062.3 282.6 3,393.3 96.5 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
1,058.5 978.5 942.4 260.5 681.9 307.9 36.1 0.0 80.0 0.0
958.9 958.6 925.0 297.0 628.0 304.9 33.6 0.0 0.3 0.3
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
258.1 258.1 253.1 0.0 90.5 90.5 88.5 0.0 202.6 35.0 67.2 65.6 65.1 0.0 1.7 135.4 157.7
220.2 220.2 220.2 0.0 257.4 257.4 254.9 0.0 –117.2 –80.0 74.8 73.0 72.6 0.0 1.8 –192.1 332.2
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
175.1 167.6 –1.0 0.0 8.5 4.0 78.6 31.0
96.4 –37.2 127.6 0.0 5.6 5.1 –19.1 42.4
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
999.3 514.9 21.0
1,062.4 531.6 25.4
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt
205.6 105.9 30.6 241.1 146.3 8.0
180.4 90.3 62.5 208.1 109.4 5.0
1.9 0.0 96.1
2.0 0.0 95.6
Currency composition (%) Euro Japanese yen U.S. dollar
2006 Little Book on External Debt
29
Benin Sub-Saharan Africa
Low income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
807 8.2 234.4 95.3 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
1,828 1,726 1,726 1,722 4 0 0 73 29 0
1,916 1,827 1,827 1,823 4 0 0 65 24 0
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
69 60 60 9 42 32 32 10 –17 –45 18 16 16 0 2 –35 60
78 76 76 2 44 37 37 8 29 –5 19 18 18 0 1 9 64
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
258 28 48 0 183 91 216 26
405 39 60 1 306 90 373 0
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
3,531 789 55
4,053 .. 55
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt
231.7 51.8 7.6 151.3 28.2 39.3
.. 47.3 .. 113.1 23.6 33.4
7.7 2.0 59.7
7.3 2.0 58.0
Currency composition (%) Euro Japanese yen U.S. dollar
30
2006 Little Book on External Debt
Bhutan South Asia
Low income
Present value of debt Population (thousands) Debt per capita ($) Share of public sector debt in total (%)
595.2 896.0 662.1 100.0 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
485.9 481.5 481.5 481.5 0.0 0.0 0.0 0.0 4.4 0.0
593.3 593.3 593.3 593.3 0.0 0.0 0.0 0.0 0.0 0.0
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
92.3 92.3 92.3 0.0 4.8 4.8 4.8 0.0 90.9 3.4 2.4 2.3 2.3 0.0 0.1 88.5 7.2
92.6 92.6 92.6 0.0 6.7 6.7 6.7 0.0 81.4 –4.4 5.2 5.2 5.2 0.0 0.1 76.2 12.0
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
130.2 87.5 1.1 0.0 41.7 22.8 127.9 0.0
128.2 85.8 1.0 0.0 41.4 23.3 123.1 0.0
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
601.2 0.0 0.0
656.9 0.0 0.0
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt
0.0 80.8 0.0 251.8 73.9 75.4
0.0 90.3 0.0 432.1 99.8 67.2
10.6 0.0 17.7
10.3 0.0 17.6
Currency composition (%) Euro Japanese yen U.S. dollar
2006 Little Book on External Debt
31
Bolivia Latin America and Caribbean
Lower middle income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
3,007 9.0 676.7 75.7 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
5,675 5,280 4,249 4,224 25 0 1,031 279 116 0
6,096 5,663 4,645 4,619 26 0 1,019 307 126 0
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
1,031 941 717 90 303 284 189 19 474 –254 129 122 85 1 6 345 432
728 672 494 56 378 356 181 22 360 10 135 128 82 4 4 224 513
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
1,305 657 197 0 451 266 950 234
1,199 316 116 0 768 243 765 306
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
7,788 2,143 142
8,388 2,760 158
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt
264.8 72.9 20.2 157.2 37.8 19.3
220.8 72.7 18.6 135.8 37.8 20.9
0.9 0.0 71.4
1.6 0.0 73.6
Currency composition (%) Euro Japanese yen U.S. dollar
32
2006 Little Book on External Debt
Bosnia and Herzegovina Europe and Central Asia
Lower middle income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
2,499 3.9 819.1 82.6 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
2,585 2,338 2,294 2,125 169 0 44 134 113 0
3,202 2,734 2,644 2,462 182 0 90 109 360 0
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
190 156 115 34 121 71 47 51 –166 –234 54 48 46 2 4 –220 175
347 329 268 18 120 73 50 48 474 247 56 48 45 3 5 418 176
784 85 382 0 317 152 726 10
1,146 257 613 0 277 147 1,092 7
7,346 3,951 1,745
8,768 4,797 1,824
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt
65.4 35.2 4.4 78.4 36.6 69.5
66.8 36.5 3.7 62.8 34.1 75.2
Currency composition (%) Euro Japanese yen U.S. dollar
35.0 1.1 36.2
34.5 1.2 40.3
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
2006 Little Book on External Debt
33
Botswana Sub-Saharan Africa
Upper middle income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
445.4 1.8 296.2 93.2 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
513.6 484.6 484.6 469.8 14.8 0.0 0.0 0.0 29.0 0.0
524.0 488.3 488.3 474.3 14.0 0.0 0.0 0.0 35.7 0.0
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
13.5 13.5 13.5 0.0 38.0 38.0 38.0 0.0 –11.6 13.0 12.4 11.4 11.4 0.0 1.0 –24.0 50.5
22.1 22.1 22.1 0.0 36.6 36.6 36.6 0.0 –7.8 6.7 12.0 10.8 10.8 0.0 1.2 –19.8 48.5
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
418.5 –24.6 418.0 10.2 14.9 27.7 –596.5 1,003.5
63.9 –14.5 46.8 9.5 22.1 34.4 –675.4 ..
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
7,443.0 4,071.2 38.9
8,645.2 .. 38.9
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt
12.6 6.9 1.2 13.3 7.7 1,039.6
.. 6.1 .. 12.2 6.4 1,080.5
6.9 17.9 21.7
7.2 17.4 19.9
Currency composition (%) Euro Japanese yen U.S. dollar
34
2006 Little Book on External Debt
Brazil Latin America and Caribbean
Lower middle income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
239,389 183.9 1,207.2 43.4 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
236,583 183,672 101,543 29,899 71,644 60,719 82,129 28,317 24,594 0
222,026 171,729 97,865 27,275 70,590 57,846 73,864 25,029 25,267 0
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
45,081 27,407 12,236 17,674 42,377 29,930 14,369 12,447 3,903 1,199 16,613 14,176 7,077 757 1,680 –12,710 58,990
26,661 26,661 12,391 0 38,570 34,213 13,221 4,357 –11,236 673 15,140 11,983 7,256 1,208 1,950 –26,376 53,710
10,676 –2,523 10,144 2,973 82 321 –9,484 5,984
12,786 –7,552 18,166 2,081 91 329 –6,057 6,860
487,940 88,888 2,821
584,858 114,716 3,575
266.2 48.5 66.4 323.3 54.2 20.8
193.5 38.0 46.8 257.8 47.4 23.8
13.4 6.5 74.8
14.7 6.8 73.9
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt Currency composition (%) Euro Japanese yen U.S. dollar
2006 Little Book on External Debt
35
Bulgaria Europe and Central Asia
Lower middle income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
16,111 7.8 2,017.9 47.5 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
13,425 9,575 7,749 2,937 4,812 4,659 1,826 1,188 2,663 0
15,661 11,241 7,434 3,286 4,148 3,965 3,807 1,183 3,237 0
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
1,042 896 342 145 669 562 350 107 1,008 636 484 395 349 20 69 524 1,153
3,054 2,977 435 77 1,912 1,780 1,086 132 1,717 574 543 424 351 31 89 1,173 2,455
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
2,619 334 2,097 –23 211 182 1,674 551
3,596 1,197 2,005 0 393 206 2,609 563
19,300 11,035 67
23,708 14,329 103
121.7 69.6 10.5 152.5 85.5 50.8
109.3 66.1 17.1 143.2 82.9 59.6
35.0 3.7 60.0
42.7 3.5 52.6
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt Currency composition (%) Euro Japanese yen U.S. dollar
36
2006 Little Book on External Debt
Burkina Faso Sub-Saharan Africa
Low income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
925 12.8 153.4 92.7 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
1,736 1,597 1,597 1,597 0 0 0 125 14 0
1,967 1,823 1,823 1,823 0 0 0 115 29 0
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
127 122 122 5 32 28 28 3 100 5 16 15 15 1 0 84 48
221 216 216 5 42 39 39 3 194 15 17 16 16 1 1 177 59
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
444 94 29 0 321 105 428 0
589 177 35 0 377 105 572 0
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
4,178 464 50
4,821 .. 50
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt
374.0 41.5 10.3 178.2 19.5 43.3
.. 40.8 .. 203.0 22.8 34.0
3.4 0.0 59.6
2.7 0.0 58.8
Currency composition (%) Euro Japanese yen U.S. dollar
2006 Little Book on External Debt
37
Burundi Sub-Saharan Africa
Low income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
92 7.3 190.2 95.6 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
1,328 1,252 1,252 1,241 11 0 0 29 48 48
1,385 1,325 1,325 1,318 7 0 0 41 19 19
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
73 60 60 13 21 21 21 0 –8 –60 8 7 7 0 1 –16 29
86 47 47 39 71 43 43 29 14 0 17 16 16 0 0 –2 88
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
208 39 0 0 170 31 186 15
256 4 3 0 249 29 228 0
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
575 44 0
643 .. 0
2,992.1 230.9 66.0 2,181.6 150.4 5.1
.. 215.6 .. 203.2 15.0 4.8
9.8 2.5 60.4
11.9 1.5 61.0
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt Currency composition (%) Euro Japanese yen U.S. dollar
38
2006 Little Book on External Debt
Cambodia East Asia and Pacific
Low income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
2,869 13.8 244.7 89.3 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
3,139 2,814 2,814 2,814 0 0 0 104 221 207
3,377 3,016 3,016 3,016 0 0 0 97 264 228
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
170 158 158 12 16 3 3 13 143 –10 9 8 8 1 0 134 25
161 161 161 0 15 5 5 10 167 21 12 11 11 0 1 155 27
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
428 155 84 0 189 164 260 160
462 156 131 0 175 157 247 205
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
4,166 2,722 138
4,659 3,435 177
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt
115.3 75.3 0.9 106.9 70.2 31.3
98.3 72.5 0.8 99.1 67.6 33.1
0.9 1.0 38.0
0.9 1.2 40.0
Currency composition (%) Euro Japanese yen U.S. dollar
2006 Little Book on External Debt
39
Cameroon Sub-Saharan Africa
Low income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
2,309 16.0 592.1 83.4 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
9,414 8,660 8,045 7,960 85 0 615 347 407 123
9,496 8,557 7,924 7,837 88 0 632 333 606 213
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
167 145 133 22 263 252 192 11 –404 –308 185 171 124 2 13 –590 449
273 273 199 0 403 380 331 23 –22 109 242 228 180 2 12 –264 645
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
693 –107 0 0 800 138 522 0
481 –107 0 0 588 152 253 0
11,961 .. 11
14,017 .. 11
.. 78.7 .. 184.9 52.8 6.9
.. 67.7 .. 72.1 19.7 8.9
61.3 1.1 27.6
59.8 1.1 28.7
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt Currency composition (%) Euro Japanese yen U.S. dollar
40
2006 Little Book on External Debt
Cape Verde Sub-Saharan Africa
Lower middle income
Present value of debt Population (thousands) Debt per capita ($) Share of public sector debt in total (%)
358.1 495.2 1,044.2 89.6 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
486.3 441.4 441.4 416.0 25.4 0.0 0.0 7.3 37.6 3.0
517.0 463.0 463.0 440.6 22.4 0.0 0.0 9.6 44.5 3.1
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
38.8 35.4 35.4 3.4 14.6 14.6 14.6 0.0 36.9 12.8 5.7 4.7 4.7 0.0 1.0 31.3 20.3
25.1 23.3 23.3 1.8 18.7 18.7 18.7 0.0 13.2 6.8 6.8 5.5 5.5 0.0 1.2 6.5 25.5
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
93.0 20.7 15.0 0.0 57.2 56.7 86.1 2.2
96.4 4.6 20.5 0.0 71.3 43.3 88.0 0.0
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
785.7 382.1 92.0
937.4 .. 92.0
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt
127.3 61.9 5.3 106.9 50.9 19.2
.. 55.2 .. 99.7 46.2 27.0
13.4 0.0 54.4
12.1 0.0 55.4
Currency composition (%) Euro Japanese yen U.S. dollar
2006 Little Book on External Debt
41
Central African Republic Sub-Saharan Africa
Low income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
885 4.0 270.4 85.8 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
1,038 900 900 866 34 0 0 36 101 89
1,078 926 926 896 30 0 0 44 107 98
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
0 0 0 0 0 0 0 0 3 3 0 0 0 0 0 2 1
8 0 0 8 15 12 12 2 –9 –3 3 3 3 0 0 –12 18
36 0 3 0 33 24 36 0
54 –12 –13 0 79 35 51 0
1,192 0 0
1,318 0 0
0.0 87.0 0.0 1,319.2 154.9 13.2
0.0 81.8 0.0 599.4 74.8 14.2
6.9 0.6 58.5
6.9 0.6 58.2
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt Currency composition (%) Euro Japanese yen U.S. dollar
42
2006 Little Book on External Debt
Chad Sub-Saharan Africa
Low income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
781 9.4 180.1 93.0 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
1,590 1,462 1,462 1,428 33 0 0 106 23 14
1,701 1,582 1,582 1,549 33 0 0 96 23 15
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
188 181 181 7 33 20 20 13 151 –4 14 13 13 1 0 137 47
113 113 113 0 32 19 19 13 80 –1 14 13 13 1 0 66 46
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
985 161 713 0 112 42 973 0
783 94 478 0 211 44 771 0
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
2,335 .. 0
2,699 .. 0
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt
.. 68.1 .. 254.0 44.9 12.1
.. 63.0 .. 79.0 33.4 13.3
5.1 0.0 62.8
5.0 0.0 63.2
Currency composition (%) Euro Japanese yen U.S. dollar
2006 Little Book on External Debt
43
Chile Latin America and Caribbean
Upper middle income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
42,808 16.1 2,732.5 21.4 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
43,308 35,804 8,046 1,437 6,609 4,254 27,758 0 7,504 0
44,058 36,351 9,426 1,335 8,091 5,362 26,925 0 7,707 0
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
6,841 6,841 2,255 0 6,578 6,578 1,129 0 1,944 1,681 1,485 1,286 364 0 200 458 8,063
8,388 8,388 2,561 0 8,136 8,136 1,217 0 455 203 1,430 1,276 400 0 154 –975 9,566
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
4,988 263 4,385 318 23 60 –909 4,611
7,894 252 7,603 8 31 68 –1,434 8,052
70,091 27,909 13
91,809 39,491 13
155.2 61.8 28.9 178.1 67.0 36.6
111.6 48.0 24.2 141.0 56.7 36.3
6.1 2.0 90.2
5.4 0.9 93.6
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt Currency composition (%) Euro Japanese yen U.S. dollar
44
2006 Little Book on External Debt
China East Asia and Pacific
Lower middle income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
241,695 1,296.2 192.1 36.5 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
208,666 120,359 85,329 51,385 33,944 11,167 35,030 0 88,307 0
248,934 131,342 90,815 57,232 33,582 13,769 40,527 0 117,592 0
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
25,421 25,421 4,805 0 30,058 30,058 10,468 0 13,772 18,409 7,121 4,549 3,178 0 2,622 6,650 37,179
24,476 24,476 6,600 0 16,490 16,490 5,106 0 37,270 29,285 7,166 4,204 3,249 0 2,963 30,104 23,656
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
56,929 –4,637 53,505 7,729 332 791 35,077 17,353
74,226 7,985 54,936 10,923 381 884 52,607 17,415
Major economic aggregates Gross national income (GNI) 1,633,123 1,928,188 Exports of goods, services, and income 504,441 680,998 Worker remittances & compensation of employees 17,815 21,283 Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt Currency composition (%) Euro Japanese yen U.S. dollar
41.4 12.8 7.4 47.5 14.8 199.5
36.6 12.9 3.5 46.5 14.5 250.2
7.2 16.7 71.2
8.9 15.7 71.1
2006 Little Book on External Debt
45
Colombia Latin America and Caribbean
Lower middle income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
40,780 44.9 840.1 61.9 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
36,997 33,441 22,783 11,332 11,452 9,664 10,657 0 3,556 0
37,732 32,391 23,372 11,462 11,910 10,342 9,019 0 5,341 0
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
6,935 6,935 5,654 0 6,198 6,198 3,944 0 634 –103 2,447 2,295 1,630 0 152 –1,813 8,645
4,041 4,041 2,509 0 5,248 5,248 2,083 0 578 1,785 2,440 2,262 1,636 0 178 –1,862 7,688
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
2,591 737 1,801 –52 104 769 –1,263 1,559
2,116 –1,207 3,052 130 141 479 –2,458 2,312
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
76,642 19,333 3,076
93,525 23,329 3,190
191.4 48.3 44.7 199.6 46.9 29.5
161.7 40.3 33.0 203.9 49.1 35.9
6.2 2.3 84.7
6.4 1.7 86.1
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt Currency composition (%) Euro Japanese yen U.S. dollar
46
2006 Little Book on External Debt
Comoros Sub-Saharan Africa
Low income
Present value of debt Population (thousands) Debt per capita ($) Share of public sector debt in total (%)
217.5 587.9 520.2 90.0 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
293.1 265.3 265.3 265.3 0.0 0.0 0.0 0.2 27.7 26.6
305.8 275.2 275.2 275.2 0.0 0.0 0.0 0.0 30.6 30.6
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
8.6 8.6 8.6 0.0 2.1 1.8 1.8 0.4 1.6 –4.9 0.9 0.8 0.8 0.0 0.1 0.7 3.0
3.2 3.2 3.2 0.0 2.2 2.0 2.0 0.2 0.0 –1.1 1.0 1.0 1.0 0.0 0.0 –1.0 3.2
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
15.2 6.9 1.0 0.0 7.3 12.0 14.3 0.0
15.6 1.3 2.0 0.0 12.4 13.2 14.6 0.0
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
317.6 .. 12.0
364.4 .. 12.0
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt
.. 92.3 .. 289.4 79.5 32.3
.. 83.9 .. 276.4 70.3 34.0
13.3 0.0 40.3
13.0 0.0 40.7
Currency composition (%) Euro Japanese yen U.S. dollar
2006 Little Book on External Debt
47
Congo, Dem. Rep. Sub-Saharan Africa
Low income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
2,032 55.9 212.0 88.9 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
11,254 10,161 10,161 9,789 372 2 0 703 390 363
11,841 10,532 10,532 10,156 376 1 0 818 491 372
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
265 190 190 75 56 56 56 0 –67 –276 91 85 85 1 5 –158 146
291 211 211 79 58 58 58 0 324 92 63 59 59 2 2 261 121
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
5,136 134 158 0 4,843 131 5,051 0
1,597 153 0 0 1,444 144 1,538 0
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
5,502 .. 0
6,354 .. 0
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt
.. 204.6 .. 625.0 150.2 ..
.. 186.4 .. 131.3 35.6 ..
36.9 7.5 41.7
35.7 7.6 41.5
Currency composition (%) Euro Japanese yen U.S. dollar
48
2006 Little Book on External Debt
Congo, Rep. Sub-Saharan Africa
Low income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
9,007 3.9 1,501.3 86.6 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
5,527 4,426 4,426 3,591 835 0 0 28 1,073 1,042
5,829 5,051 5,051 4,194 856 0 0 29 750 443
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
24 24 24 0 31 24 24 8 –247 –240 30 28 28 0 2 –277 61
39 27 27 12 233 221 221 12 82 276 118 115 115 0 2 –35 350
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
234 0 201 0 33 33 –171 378
–115 –193 0 0 78 32 –514 0
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
2,681 1,550 1
3,281 .. 1
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt
356.6 206.2 4.0 403.9 368.1 0.7
.. 177.7 .. 355.9 331.1 2.1
51.8 0.2 25.5
31.8 0.2 50.8
Currency composition (%) Euro Japanese yen U.S. dollar
2006 Little Book on External Debt
49
Costa Rica Latin America and Caribbean
Upper middle income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
6,031 4.3 1,340.2 67.7 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
5,424 3,797 3,622 1,820 1,802 1,661 175 0 1,626 16
5,700 4,013 3,859 1,802 2,057 1,910 154 0 1,687 17
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
885 885 885 0 525 525 504 0 487 128 316 254 243 0 62 171 841
511 511 511 0 479 479 458 0 92 60 208 142 133 0 66 –116 686
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
957 360 574 0 24 29 –7 710
682 32 620 0 30 30 –129 668
16,637 8,709 321
17,979 9,400 320
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt
62.3 32.6 9.7 74.3 36.1 33.9
60.6 31.7 7.3 70.1 35.5 33.7
Currency composition (%) Euro Japanese yen U.S. dollar
1.6 3.4 84.9
1.5 3.0 88.2
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
50
2006 Little Book on External Debt
Côte d’Ivoire Sub-Saharan Africa
Low income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
11,602 17.9 656.9 83.7 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
12,187 10,844 9,700 7,341 2,359 2,343 1,144 425 917 359
11,739 10,837 9,828 7,467 2,360 2,343 1,010 311 591 483
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
57 57 57 0 430 325 210 105 –480 –106 142 121 92 2 18 –622 572
40 40 40 0 443 316 182 127 –853 –450 100 88 65 2 10 –953 543
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
197 –269 165 16 284 76 –259 335
113 –276 175 –1 216 79 25 0
13,014 6,623 142
14,703 7,830 148
184.0 93.6 8.6 176.4 89.9 10.7
149.9 79.8 6.9 170.2 90.4 14.4
31.8 1.2 56.9
29.8 1.2 58.7
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt Currency composition (%) Euro Japanese yen U.S. dollar
2006 Little Book on External Debt
51
Croatia Europe and Central Asia
Upper middle income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
30,686 4.4 7,101.6 35.3 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
25,736 23,600 10,062 2,178 7,884 5,315 13,538 0 2,136 101
31,548 29,338 11,668 2,350 9,318 6,631 17,670 0 2,210 86
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
9,162 9,162 2,016 0 3,495 3,495 808 0 7,082 1,415 903 813 415 0 90 6,179 4,399
7,824 7,824 1,999 0 4,093 4,093 1,161 0 3,820 89 1,202 1,110 463 0 92 2,619 5,294
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
7,878 5,666 2,133 16 63 73 6,061 1,004
5,214 3,731 1,243 177 63 78 3,369 736
27,586 16,248 1,085
33,539 19,483 1,222
158.4 93.3 27.1 182.7 101.5 31.8
161.9 94.1 27.2 194.1 110.4 27.8
61.3 10.9 23.5
69.5 9.6 17.3
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt Currency composition (%) Euro Japanese yen U.S. dollar
52
2006 Little Book on External Debt
Czech Republic Europe and Central Asia
Upper middle income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
43,834 10.2 4,459.7 24.6 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
34,807 20,831 8,735 2,061 6,674 1,808 12,096 0 13,976 109
45,561 28,470 12,020 2,203 9,818 4,613 16,450 0 17,091 32
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
6,154 6,154 1,794 0 4,283 4,283 1,319 0 3,447 1,576 1,236 868 458 0 368 2,211 5,519
8,878 8,878 3,561 0 6,851 6,851 1,834 0 5,219 3,192 1,458 917 521 0 541 3,761 8,309
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
5,222 1,871 2,021 1,105 225 38 132 4,222
7,461 2,027 4,454 738 243 37 1,662 4,883
86,317 59,176 498
101,581 79,309 454
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt
58.8 40.3 9.3 68.6 47.8 77.4
57.4 44.9 10.5 70.7 51.0 62.4
Currency composition (%) Euro Japanese yen U.S. dollar
46.6 0.9 47.5
56.5 0.6 31.6
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
2006 Little Book on External Debt
53
Djibouti Middle East and North Africa
Lower middle income
Present value of debt Population (thousands) Debt per capita ($) Share of public sector debt in total (%)
296.7 779.1 550.0 91.9 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
396.1 366.5 366.5 360.9 5.6 0.0 0.0 20.4 9.2 8.3
428.5 393.9 393.9 388.4 5.6 0.0 0.0 21.2 13.4 8.7
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
30.4 30.4 30.4 0.0 12.3 10.5 10.5 1.8 15.5 –2.6 3.3 3.1 3.1 0.1 0.0 12.2 15.6
26.4 26.4 26.4 0.0 13.5 13.3 13.3 0.2 16.7 3.8 4.5 4.2 4.2 0.1 0.2 12.3 17.9
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
57.3 19.9 11.4 0.0 26.0 27.8 54.2 0.0
76.4 13.1 33.0 0.0 30.3 30.1 72.2 0.0
665.9 .. 0.0
716.0 .. 0.0
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt
.. 59.5 .. 95.1 43.7 25.3
.. 59.8 .. .. 44.9 21.9
Currency composition (%) Euro Japanese yen U.S. dollar
16.6 0.0 31.1
16.5 0.0 32.6
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
54
2006 Little Book on External Debt
Dominica Latin America and Caribbean
Upper middle income
Present value of debt Population (thousands) Debt per capita ($) Share of public sector debt in total (%)
203.5 71.5 3,157.8 94.5 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
283.8 202.8 202.8 152.6 50.3 36.9 0.0 7.9 73.0 3.0
225.7 213.3 213.3 164.3 49.0 36.9 0.0 9.2 3.1 3.1
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
20.7 16.1 16.1 4.6 7.0 7.0 7.0 0.0 60.2 46.5 8.1 6.7 6.7 0.1 1.4 52.0 15.1
24.2 23.3 23.3 0.9 10.6 10.6 10.6 0.0 –56.4 –70.0 7.8 6.7 6.7 0.1 1.1 –64.3 18.5
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
32.1 9.1 20.3 0.0 2.8 2.3 17.9 0.0
48.7 12.7 18.5 0.0 17.5 2.9 31.8 0.0
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
241.0 114.8 4.0
254.2 .. 4.0
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt
247.3 117.8 13.2 234.2 119.0 16.8
.. 88.8 .. 158.6 84.0 18.8
5.5 0.0 86.0
5.0 0.0 85.3
Currency composition (%) Euro Japanese yen U.S. dollar
2006 Little Book on External Debt
55
Dominican Republic Latin America and Caribbean
Lower middle income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
6,799 8.8 794.3 83.4 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
6,295 5,081 5,081 2,534 2,547 1,547 0 130 1,084 43
6,965 5,815 5,815 2,851 2,964 1,527 0 204 946 29
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
1,478 1,356 1,356 122 617 589 418 28 –89 –950 305 244 235 0 61 –394 922
1,193 1,128 1,128 65 461 461 461 0 608 –124 290 246 246 5 39 318 750
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
1,424 767 613 0 44 66 –211 1,391
1,374 667 645 0 62 64 –117 1,244
15,297 11,341 2,325
17,203 11,799 2,471
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt
55.5 41.1 8.1 58.1 33.3 4.1
59.0 40.5 6.4 60.6 38.5 11.6
Currency composition (%) Euro Japanese yen U.S. dollar
2.1 3.7 83.5
2.3 2.9 86.0
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
56
2006 Little Book on External Debt
Ecuador Latin America and Caribbean
Lower middle income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
18,179 13.0 1,293.5 63.0 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
16,864 14,702 11,372 6,484 4,888 3,950 3,331 390 1,772 1
16,868 15,062 10,629 6,244 4,384 3,950 4,433 290 1,516 1
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
2,016 1,932 642 84 1,301 1,267 728 35 172 –543 1,116 901 634 6 209 –944 2,417
2,701 2,701 310 0 2,526 2,414 1,125 112 –81 –256 1,205 1,009 663 9 187 –1,286 3,731
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
2,310 665 1,555 9 81 146 1,043 367
1,558 287 1,160 1 109 151 189 359
25,736 8,645 1,546
28,789 10,371 1,610
195.1 65.5 28.0 240.3 82.0 6.9
162.6 58.6 36.0 205.3 70.3 8.5
2.3 6.2 85.2
2.4 6.4 85.3
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt Currency composition (%) Euro Japanese yen U.S. dollar
2006 Little Book on External Debt
57
Egypt, Arab Rep. Middle East and North Africa
Lower middle income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
26,775 72.6 417.0 90.3 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
31,383 27,581 27,266 26,372 894 695 316 0 3,801 0
30,292 27,353 27,353 26,367 986 695 0 0 2,939 1
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
576 576 576 0 1,980 1,980 1,637 0 –1,071 333 783 638 623 0 145 –1,854 2,763
465 465 465 0 1,561 1,561 1,246 0 –1,960 –863 756 621 607 0 135 –2,715 2,317
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
–579 –1,405 237 37 552 557 –1,264 47
1,571 –1,097 1,253 26 1,389 201 894 56
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
82,814 23,600 2,961
78,589 30,429 3,341
133.0 37.9 11.7 131.5 31.0 46.5
99.5 38.5 7.6 108.5 32.2 50.6
36.1 12.3 35.1
37.6 12.4 33.4
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt Currency composition (%) Euro Japanese yen U.S. dollar
58
2006 Little Book on External Debt
El Salvador Latin America and Caribbean
Lower middle income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
7,828 6.8 1,072.1 74.2 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
7,079 5,320 5,213 2,931 2,281 2,158 108 0 1,759 0
7,250 5,470 5,384 2,820 2,564 2,451 86 0 1,780 0
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
615 615 608 0 221 221 196 0 989 595 326 293 286 0 32 664 547
399 399 399 0 279 279 258 0 140 21 337 302 296 0 36 –197 617
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
669 394 172 0 103 123 291 85
698 119 466 0 113 138 315 82
14,518 6,252 2,122
15,364 6,993 2,564
113.2 48.8 8.7 131.6 54.7 28.1
103.7 47.2 8.8 122.7 53.5 26.7
2.4 3.5 84.2
2.4 3.4 84.9
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt Currency composition (%) Euro Japanese yen U.S. dollar
2006 Little Book on External Debt
59
Equatorial Guinea Sub-Saharan Africa
Upper middle income
Present value of debt Population (thousands) Debt per capita ($) Share of public sector debt in total (%)
245.3 492.2 591.0 84.0 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
319.3 227.7 227.7 211.6 16.1 0.0 0.0 0.3 91.3 44.3
290.9 244.4 244.4 227.1 17.3 0.0 0.0 0.0 46.6 46.6
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
1.1 1.1 1.1 0.0 4.7 3.8 3.8 0.9 32.7 36.3 2.6 1.0 1.0 0.0 1.6 30.1 7.3
0.4 0.4 0.4 0.0 4.0 3.7 3.7 0.3 –50.5 –47.0 1.0 1.0 1.0 0.0 0.0 –51.5 4.9
1,439.5 –2.7 1,430.7 0.0 11.6 12.6 1,438.5 0.0
1,697.9 –3.2 1,664.1 0.0 37.0 13.6 1,696.9 0.0
.. .. ..
.. .. ..
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt
.. .. .. 12.9 .. 74.4
.. .. .. 8.6 .. 324.8
Currency composition (%) Euro Japanese yen U.S. dollar
31.2 0.0 40.1
30.8 0.0 37.9
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
60
2006 Little Book on External Debt
Eritrea Sub-Saharan Africa
Low income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
405.0 4.2 160.8 97.9 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
634.6 605.1 605.1 605.1 0.0 0.0 0.0 0.0 29.4 2.4
680.6 666.4 666.4 666.4 0.0 0.0 0.0 0.0 14.2 1.7
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
89.4 89.4 89.4 0.0 5.8 5.8 5.8 0.0 80.4 –3.2 6.0 5.0 5.0 0.0 0.9 74.4 11.8
58.4 58.4 58.4 0.0 10.4 10.4 10.4 0.0 33.6 –14.5 9.0 8.6 8.6 0.0 0.5 24.6 19.4
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
310.6 83.6 22.0 0.0 205.0 41.3 305.6 0.0
265.4 48.1 30.0 0.0 187.3 32.0 256.9 0.0
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
745.5 83.6 0.0
910.2 .. 0.0
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt
758.9 85.1 14.1 333.2 46.8 3.9
.. 74.8 .. 154.5 53.3 5.1
1.2 0.0 69.5
1.1 0.0 70.5
Currency composition (%) Euro Japanese yen U.S. dollar
2006 Little Book on External Debt
61
Estonia Europe and Central Asia
Upper middle income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
9,584 1.3 7,419.0 5.6 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
6,972 4,530 560 108 452 402 3,970 0 2,442 0
10,008 7,009 562 111 451 409 6,447 0 2,999 0
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
2,116 2,116 17 0 940 940 34 0 1,738 563 280 205 26 0 75 1,458 1,220
3,536 3,536 3 0 1,115 1,115 42 0 2,978 557 335 245 27 0 90 2,643 1,451
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
2,279 1,176 919 111 73 12 1,445 629
3,767 2,421 1,049 176 120 17 2,582 939
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
8,656 7,099 49
10,525 9,240 164
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt
98.2 80.6 17.2 119.1 101.0 19.7
108.3 95.1 15.7 131.9 111.0 17.9
95.8 0.0 4.2
95.6 0.0 4.4
Currency composition (%) Euro Japanese yen U.S. dollar
62
2006 Little Book on External Debt
Ethiopia Sub-Saharan Africa
Low income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
2,061 70.0 94.0 96.6 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
7,187 6,943 6,943 6,871 72 0 0 157 87 45
6,574 6,351 6,351 6,099 253 0 0 183 39 39
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
252 237 237 15 47 38 38 8 229 24 45 43 43 1 1 184 92
401 370 370 31 50 41 41 9 309 –42 47 46 46 1 1 262 97
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
1,846 199 465 0 1,183 171 1,786 17
2,297 329 545 0 1,422 180 2,223 28
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
6,424 1,323 47
7,940 1,849 133
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt
543.1 111.9 7.0 134.6 24.4 13.3
355.5 82.8 5.3 144.3 30.4 22.8
6.2 0.2 76.6
4.8 0.2 75.2
Currency composition (%) Euro Japanese yen U.S. dollar
2006 Little Book on External Debt
63
Fiji East Asia and Pacific
Lower middle income
Present value of debt Population (thousands) Debt per capita ($) Share of public sector debt in total (%)
197.4 840.8 240.0 59.2 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
203.1 117.0 110.5 110.5 0.0 0.0 6.4 0.0 86.1 0.0
201.8 126.6 119.6 119.6 0.0 0.0 7.0 0.0 75.3 0.0
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
16.3 16.3 16.3 0.0 11.7 11.7 10.6 0.0 54.1 49.6 6.6 4.5 3.8 0.0 2.1 47.5 18.3
11.8 11.8 11.8 0.0 8.9 8.9 6.4 0.0 –7.9 –10.8 5.7 3.9 3.6 0.0 1.8 –13.6 14.6
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
44.2 4.6 22.8 0.0 16.8 27.4 39.7 0.0
20.2 2.9 –9.3 0.0 26.7 29.4 16.4 0.0
2,152.5 .. 24.0
2,489.4 .. 24.0
.. 9.4 .. 24.4 14.7 208.8
.. 8.1 .. 16.1 9.3 237.1
5.0 16.9 25.1
4.7 18.0 30.2
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt Currency composition (%) Euro Japanese yen U.S. dollar
64
2006 Little Book on External Debt
Gabon Sub-Saharan Africa
Upper middle income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
3,923 1.4 3,046.0 91.6 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
3,792 3,395 3,395 3,136 258 0 0 59 339 268
4,150 3,800 3,800 3,558 242 0 0 100 250 188
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
29 29 29 0 241 226 226 14 –362 –151 134 129 129 1 4 –496 375
202 140 140 62 178 153 153 25 15 –9 45 42 42 2 2 –30 223
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
167 –197 279 0 85 42 –548 587
341 –13 323 0 31 45 –89 0
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
5,204 3,440 6
6,220 .. 6
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt
110.2 72.9 10.9 113.8 88.8 5.3
.. 66.7 .. 117.3 75.5 10.8
72.8 0.9 7.5
57.1 0.6 25.0
Currency composition (%) Euro Japanese yen U.S. dollar
2006 Little Book on External Debt
65
Gambia, The Sub-Saharan Africa
Low income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
390.9 1.5 455.9 92.3 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
634.6 567.0 567.0 565.7 1.2 0.0 0.0 34.9 32.8 2.8
673.7 622.0 622.0 620.7 1.3 0.0 0.0 24.8 27.0 3.0
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
40.4 40.4 40.4 0.0 11.3 11.3 11.3 0.0 22.1 –7.0 9.1 8.6 8.6 0.1 0.4 13.0 20.4
49.3 49.3 49.3 0.0 24.7 13.5 13.5 11.2 18.6 –6.0 9.0 8.0 8.0 0.2 0.8 9.6 33.7
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
72.5 29.1 25.0 0.0 18.3 14.2 63.8 0.0
118.8 35.8 60.0 0.0 23.0 11.0 110.8 0.0
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
347.1 .. 8.0
393.0 .. 8.0
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt
.. 182.8 .. 201.9 90.4 9.3
.. 171.4 .. 230.7 107.8 12.4
5.1 0.0 53.9
4.6 0.0 54.8
Currency composition (%) Euro Japanese yen U.S. dollar
66
2006 Little Book on External Debt
Georgia Europe and Central Asia
Lower middle income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
1,567 4.5 460.8 77.3 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
1,935 1,608 1,564 1,561 3 0 44 289 38 7
2,082 1,710 1,611 1,608 3 0 99 266 106 7
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
89 89 72 0 139 91 58 47 –52 –2 42 39 38 2 1 –94 181
197 176 102 21 185 130 119 55 80 68 33 29 26 2 2 47 218
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
417 –3 339 0 81 108 309 69
683 46 499 0 138 102 574 80
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
4,026 1,518 239
5,296 1,947 303
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt
127.5 48.1 11.9 121.6 42.6 9.9
106.9 39.3 11.2 100.2 36.9 18.4
19.3 2.3 77.0
20.2 2.7 73.8
Currency composition (%) Euro Japanese yen U.S. dollar
2006 Little Book on External Debt
67
Ghana Sub-Saharan Africa
Low income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
2,396 21.7 324.7 83.3 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
7,551 6,402 6,401 6,047 353 0 1 453 696 21
7,035 5,861 5,861 5,545 316 0 0 468 706 19
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
409 335 335 74 368 366 114 2 144 104 89 66 66 2 20 55 457
455 416 416 39 154 130 129 24 314 12 86 58 58 2 25 228 240
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
567 –31 137 0 461 138 501 0
2,243 286 139 0 1,817 142 2,184 0
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
7,459 3,279 65
8,797 3,614 82
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt
230.3 101.2 13.9 85.0 38.0 19.5
194.7 80.0 6.6 75.5 32.3 24.9
3.7 13.1 71.0
3.3 0.0 81.5
Currency composition (%) Euro Japanese yen U.S. dollar
68
2006 Little Book on External Debt
Grenada Latin America and Caribbean
Upper middle income
Present value of debt Population (thousands) Debt per capita ($) Share of public sector debt in total (%)
397.2 105.7 4,093.9 80.2 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
376.9 300.1 300.1 132.5 167.6 100.0 0.0 4.4 72.5 6.5
432.9 347.1 347.1 141.8 205.2 141.5 0.0 9.1 76.7 13.7
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
24.9 20.8 20.8 4.1 11.6 11.6 11.6 0.0 12.3 –1.0 19.3 18.4 18.4 0.1 0.8 –7.0 30.9
59.0 54.6 54.6 4.3 10.1 10.1 10.1 0.0 45.8 –3.0 19.0 17.0 17.0 0.1 1.9 26.8 29.1
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
102.2 9.3 84.6 0.0 8.4 1.3 41.9 0.0
99.5 44.5 42.4 0.0 12.6 1.8 51.2 0.0
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
389.0 171.4 23.0
384.2 .. 23.0
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt
220.0 96.9 18.0 189.9 92.2 22.1
.. 112.7 .. 212.6 105.9 28.1
1.0 0.0 89.0
0.7 0.0 91.0
Currency composition (%) Euro Japanese yen U.S. dollar
2006 Little Book on External Debt
69
Guatemala Latin America and Caribbean
Lower middle income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
5,720 12.3 449.9 68.6 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
5,082 3,512 3,427 2,515 912 777 86 0 1,570 401
5,532 3,916 3,796 2,557 1,238 1,107 120 0 1,616 414
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
478 478 478 0 240 240 223 0 562 324 221 191 187 0 30 341 460
675 675 625 0 289 289 273 0 419 33 257 222 214 0 36 162 546
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
519 238 131 0 150 127 10 319
673 386 155 0 132 126 160 291
24,401 6,404 2,147
27,132 7,332 2,591
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt
79.4 20.8 7.2 86.3 21.4 57.6
75.5 20.4 7.4 88.3 23.0 63.7
Currency composition (%) Euro Japanese yen U.S. dollar
3.2 3.8 81.5
3.0 3.7 83.9
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
70
2006 Little Book on External Debt
Guinea Sub-Saharan Africa
Low income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
1,577 9.2 384.5 90.1 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
3,457 3,154 3,154 3,125 29 0 0 136 166 110
3,538 3,188 3,188 3,159 29 0 0 122 229 111
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
52 52 52 0 97 84 84 13 –167 –123 34 30 30 1 4 –202 131
43 43 43 0 128 108 108 19 –22 62 44 40 40 0 4 –66 172
215 –32 79 0 168 69 106 79
229 –65 100 0 194 72 155 0
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
3,599 867 111
3,830 862 42
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt
398.9 96.1 15.1 225.0 58.7 ..
410.3 92.4 19.9 185.6 44.6 ..
9.1 2.2 57.8
9.0 2.1 58.0
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
Currency composition (%) Euro Japanese yen U.S. dollar
2006 Little Book on External Debt
71
Guinea-Bissau Sub-Saharan Africa
Low income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
753.5 1.5 496.8 96.5 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
745.1 712.5 712.5 712.5 0.0 0.0 0.0 20.5 12.1 8.1
765.0 737.9 737.9 737.9 0.0 0.0 0.0 15.8 11.2 8.2
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
19.5 19.5 19.5 0.0 10.7 5.8 5.8 4.8 6.8 –2.0 4.5 4.1 4.1 0.2 0.2 2.3 15.2
30.8 30.8 30.8 0.0 34.9 29.5 29.5 5.3 –5.1 –1.1 10.1 9.9 9.9 0.1 0.1 –15.2 44.9
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
127.1 13.6 4.0 0.3 109.2 18.9 122.8 0.2
46.4 1.3 5.0 0.0 40.0 16.7 36.2 0.0
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
228.3 94.4 23.0
269.5 0.0 23.0
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt
789.5 326.3 16.1 593.9 245.8 4.4
0.0 283.9 0.0 779.1 326.4 9.6
12.3 0.0 43.6
12.5 0.0 45.5
Currency composition (%) Euro Japanese yen U.S. dollar
72
2006 Little Book on External Debt
Guyana Latin America and Caribbean
Lower middle income
Present value of debt Population (thousands) Debt per capita ($) Share of public sector debt in total (%)
508 750.2 1,774.3 85.6 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
1,437 1,220 1,217 1,164 54 29 3 95 122 91
1,331 1,142 1,140 1,123 17 0 2 88 101 101
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
78 69 69 8 36 28 28 8 28 –13 22 21 20 0 0 7 58
83 74 74 9 35 29 28 6 17 –31 14 13 13 0 0 2 49
73 41 26 0 5 33 50 2
149 45 30 0 74 25 133 3
691 769 99
751 852 100
187.0 208.0 7.5 77.9 84.3 19.2
156.2 177.2 5.8 65.1 72.2 17.4
6.0 0.0 69.2
4.3 0.0 73.4
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt Currency composition (%) Euro Japanese yen U.S. dollar
2006 Little Book on External Debt
73
Haiti Latin America and Caribbean
Low income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
949 8.4 145.7 96.8 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
1,309 1,174 1,174 1,174 0 0 0 18 117 21
1,225 1,186 1,186 1,186 0 0 0 11 28 28
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
36 36 36 0 36 21 21 15 –51 –51 16 14 14 0 1 –67 52
21 21 21 0 87 80 80 7 –162 –96 46 45 45 0 1 –208 133
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
117 14 8 0 95 87 103 0
134 –58 7 0 185 89 89 0
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
2,903 1,280 811
3,613 .. 876
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt
102.2 45.1 4.0 82.9 28.6 4.8
.. 33.9 .. 75.8 28.5 9.4
3.6 0.0 83.2
3.6 0.0 83.7
Currency composition (%) Euro Japanese yen U.S. dollar
74
2006 Little Book on External Debt
Honduras Latin America and Caribbean
Lower middle income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
2,516 7.0 898.3 80.9 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
5,617 4,981 4,571 4,477 94 0 411 172 464 62
6,332 5,692 5,124 5,025 99 0 568 195 444 53
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
310 310 202 0 313 272 106 41 –79 –76 102 92 79 1 9 –181 414
619 588 348 30 216 206 118 9 392 –11 118 106 95 1 11 275 333
413 38 247 0 128 101 152 169
906 382 293 0 231 116 591 209
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
6,602 3,602 867
7,074 4,250 1,142
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt
155.9 85.1 11.5 105.8 53.8 25.6
149.0 89.5 7.8 67.8 37.8 31.3
7.1 9.3 66.2
7.1 7.9 68.0
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
Currency composition (%) Euro Japanese yen U.S. dollar
2006 Little Book on External Debt
75
Hungary Europe and Central Asia
Upper middle income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
59,742 10.1 6,248.9 29.8 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
47,376 38,360 16,343 1,705 14,638 12,385 22,018 0 9,016 0
63,159 50,829 20,725 2,263 18,462 16,038 30,103 0 12,330 0
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
17,510 17,510 3,348 0 13,736 13,736 2,893 0 6,294 2,520 1,447 1,247 704 0 200 4,846 15,183
26,584 26,584 5,800 0 15,329 15,329 2,600 0 14,569 3,314 1,827 1,552 716 0 275 12,742 17,156
6,419 3,774 2,177 269 199 52 1,575 3,597
17,608 11,255 4,608 1,491 254 49 10,652 5,404
78,991 53,585 295
94,616 68,212 307
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt
88.4 60.0 28.3 98.8 70.7 27.0
92.6 66.8 25.2 108.4 76.1 25.3
Currency composition (%) Euro Japanese yen U.S. dollar
74.7 17.5 6.5
76.5 12.2 5.7
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
76
2006 Little Book on External Debt
India South Asia
Low income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
109,852 1,079.7 113.7 72.0 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
112,630 107,590 85,578 50,690 34,888 7,655 22,012 0 5,040 0
122,723 115,199 88,699 51,662 37,037 8,526 26,499 0 7,524 0
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
13,615 13,615 8,559 0 14,514 14,514 12,231 0 48 947 5,910 5,853 4,650 0 57 –5,862 20,424
20,517 20,517 12,387 0 15,891 15,891 11,867 0 7,110 2,484 3,203 3,015 2,171 0 188 3,907 19,095
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
12,508 –899 4,585 8,216 606 432 667 5,989
19,668 4,626 5,335 8,835 872 400 10,153 6,500
597,551 108,108 21,727
686,028 .. 21,727
104.2 18.8 18.9 106.3 19.1 92.1
.. 17.9 .. 94.6 18.4 107.3
5.7 14.1 75.4
5.3 13.0 77.1
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt Currency composition (%) Euro Japanese yen U.S. dollar
2006 Little Book on External Debt
77
Indonesia East Asia and Pacific
Lower middle income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
136,417 217.6 646.9 50.9 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
136,908 103,730 73,976 60,701 13,275 1,979 29,754 10,276 22,903 7,403
140,649 106,463 72,917 59,846 13,071 2,979 33,546 9,686 24,500 7,400
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
9,703 7,778 3,647 1,925 14,259 12,889 5,082 1,370 –5,456 –900 4,195 3,392 2,323 164 638 –9,650 18,454
10,960 10,960 4,129 0 15,599 14,594 7,494 1,005 –3,039 1,600 4,865 3,958 2,855 255 652 –7,904 20,464
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
–4,294 –5,111 –597 1,131 283 483 –10,441 2,754
–192 –3,634 1,023 2,129 290 430 –9,564 5,414
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
229,241 72,227 1,489
248,798 92,788 1,866
189.6 59.7 25.5 199.9 81.6 26.5
151.6 56.5 22.1 175.3 60.9 25.8
10.4 28.4 53.9
13.4 32.5 45.9
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt Currency composition (%) Euro Japanese yen U.S. dollar
78
2006 Little Book on External Debt
Iran, Islamic Rep. Middle East and North Africa
Lower middle income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
12,917 67.0 203.3 73.2 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
12,325 9,121 8,933 1,526 7,407 0 188 0 3,204 0
13,622 10,103 9,985 1,584 8,401 0 118 0 3,519 0
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
2,538 2,538 2,538 0 1,269 1,269 1,219 0 2,116 847 395 315 308 0 80 1,721 1,663
2,202 2,202 2,202 0 1,473 1,473 1,431 0 1,044 315 465 377 371 0 88 579 1,938
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
1,815 1,269 482 0 64 75 1,501 0
1,350 729 500 0 121 81 973 0
139,737 43,094 1,178
163,614 .. 1,032
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt
28.6 8.8 3.9 29.6 8.3 ..
.. 8.3 .. 31.1 9.2 ..
Currency composition (%) Euro Japanese yen U.S. dollar
46.6 11.9 34.7
50.5 10.5 33.2
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
2006 Little Book on External Debt
79
Jamaica Latin America and Caribbean
Lower middle income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
7,163 2.6 2,419.5 80.8 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
5,574 4,578 4,501 2,440 2,061 1,821 77 9 987 195
6,399 5,269 5,170 2,389 2,782 2,524 98 1 1,129 225
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
215 215 215 0 510 494 486 16 –114 181 314 298 297 0 16 –429 824
1,099 1,099 1,069 0 497 489 481 8 714 112 338 307 304 0 30 376 835
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
471 –279 721 0 29 39 –153 326
1,316 610 602 0 104 37 647 362
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
7,744 5,010 1,398
8,413 5,634 1,623
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt
111.2 72.0 16.5 130.8 80.0 21.4
113.6 76.1 14.8 141.2 89.0 28.9
12.1 6.6 67.4
20.7 5.5 62.8
Currency composition (%) Euro Japanese yen U.S. dollar
80
2006 Little Book on External Debt
Jordan Middle East and North Africa
Lower middle income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
7,645 5.4 1,502.8 88.2 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
8,337 7,173 7,173 6,821 352 68 0 421 743 0
8,175 7,234 7,234 6,922 312 57 0 338 604 0
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
173 173 173 0 978 878 878 100 –580 225 180 157 157 9 14 –760 1,158
212 212 212 0 520 422 422 98 –447 –139 180 146 146 10 24 –627 700
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
805 –706 424 –58 1,144 115 646 2
786 –210 620 –120 495 109 639 1
10,278 7,295 2,201
11,705 8,557 2,287
114.3 81.1 15.9 117.4 84.0 64.4
95.5 69.8 8.2 100.6 72.5 66.6
22.0 23.1 24.0
23.1 22.6 23.0
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt Currency composition (%) Euro Japanese yen U.S. dollar
2006 Little Book on External Debt
81
Kazakhstan Europe and Central Asia
Lower middle income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
30,486 15.0 2,154.9 9.8 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
22,754 19,921 3,464 2,615 849 650 16,457 0 2,833 0
32,310 28,738 3,209 2,738 472 350 25,528 0 3,573 0
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
8,180 8,180 351 0 4,509 4,509 272 0 4,662 991 794 723 195 0 70 3,869 5,302
16,101 16,101 367 0 7,868 7,868 690 0 8,973 740 907 811 186 0 96 8,066 8,774
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
5,852 3,671 2,092 64 25 82 3,697 1,432
12,348 8,233 4,104 –14 24 121 9,265 2,272
29,091 15,239 148
37,964 23,078 167
149.3 78.2 34.8 182.9 95.3 21.8
140.0 85.1 38.0 182.1 100.9 28.7
2.2 18.6 56.8
1.6 24.2 50.8
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt Currency composition (%) Euro Japanese yen U.S. dollar
82
2006 Little Book on External Debt
Kenya Sub-Saharan Africa
Low income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
5,032 33.5 204.0 87.6 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
6,860 5,821 5,797 5,391 406 0 24 112 927 38
6,826 5,988 5,978 5,653 326 0 10 103 735 3
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
471 436 436 35 452 432 407 20 210 190 131 107 106 0 24 78 583
152 152 152 0 272 258 244 14 –276 –157 92 67 66 1 24 –368 364
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
407 4 82 1 321 175 268 33
317 –105 46 3 373 212 219 31
14,870 3,625 494
15,958 4,247 494
189.2 46.1 16.1 162.3 42.9 21.6
160.7 42.8 8.6 136.2 34.4 22.3
14.5 20.8 51.6
14.6 19.6 52.4
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt Currency composition (%) Euro Japanese yen U.S. dollar
2006 Little Book on External Debt
83
Kyrgyz Republic Europe and Central Asia
Low income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
1,516 5.1 412.3 82.9 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
2,027 1,787 1,588 1,580 8 0 199 202 39 3
2,100 1,885 1,741 1,734 6 0 145 207 7 4
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
142 112 80 30 131 99 13 32 38 27 28 27 12 1 1 10 159
154 126 93 28 131 99 13 32 –9 –32 30 28 13 1 0 –39 161
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
105 14 46 0 46 68 52 27
155 27 77 0 51 111 69 57
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
1,857 821 78
2,115 1,132 189
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt
247.0 109.2 19.4 220.9 97.9 19.7
185.4 99.3 14.2 172.9 82.4 26.9
3.1 14.5 67.7
3.3 14.4 68.2
Currency composition (%) Euro Japanese yen U.S. dollar
84
2006 Little Book on External Debt
Lao PDR East Asia and Pacific
Low income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
1,550 5.8 355.0 97.9 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
1,941 1,896 1,896 1,896 0 0 0 44 1 0
2,056 2,013 2,013 2,013 0 0 0 38 5 0
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
110 104 104 6 38 29 29 9 72 0 12 12 12 0 0 60 50
81 81 81 0 39 31 31 8 47 4 14 14 14 0 0 33 53
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
218 75 20 0 123 80 206 0
181 50 17 0 114 78 167 0
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
2,018 481 1
2,356 .. 1
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt
403.3 96.2 10.3 355.9 90.6 13.3
.. 87.3 .. 275.5 75.9 13.4
0.0 2.1 38.1
0.0 2.0 41.2
Currency composition (%) Euro Japanese yen U.S. dollar
2006 Little Book on External Debt
85
Latvia Europe and Central Asia
Upper middle income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
12,439 2.3 5,474.3 12.4 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
8,803 3,166 1,238 687 551 537 1,928 6 5,632 0
12,661 5,008 1,587 453 1,134 1,124 3,421 0 7,653 0
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
900 900 60 0 752 741 138 11 1,393 1,245 182 122 53 0 60 1,211 934
2,434 2,434 559 0 1,059 1,053 318 6 3,397 2,022 316 117 55 0 199 3,080 1,375
589 159 292 39 99 15 265 201
2,252 1,381 699 23 149 17 1,607 528
10,995 5,047 173
13,761 6,503 230
174.4 80.1 18.5 203.9 91.9 17.5
194.7 92.0 21.1 238.8 109.9 16.0
82.2 1.4 15.6
86.5 0.9 12.0
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt Currency composition (%) Euro Japanese yen U.S. dollar
86
2006 Little Book on External Debt
Lebanon Middle East and North Africa
Upper middle income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
23,045 3.5 6,264.1 78.7 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
18,598 15,474 14,778 1,737 13,041 12,800 696 0 3,124 0
22,177 18,206 17,460 1,810 15,650 15,453 746 0 3,971 0
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
2,434 2,434 2,274 0 1,820 1,820 1,655 0 1,190 577 1,431 1,276 1,215 0 155 –241 3,252
5,499 5,499 5,299 0 2,922 2,922 2,772 0 3,424 847 1,429 1,244 1,187 0 185 1,996 4,350
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
1,078 614 358 0 106 101 –198 0
3,006 2,577 288 0 141 111 1,763 0
18,672 4,922 2,700
20,686 .. 2,700
377.9 99.6 66.1 481.9 109.5 88.0
.. 107.2 .. 488.2 120.8 71.1
13.4 0.2 81.3
11.5 0.2 84.0
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt Currency composition (%) Euro Japanese yen U.S. dollar
2006 Little Book on External Debt
87
Lesotho Sub-Saharan Africa
Low income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
559.3 1.8 424.7 95.0 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
706.5 676.0 676.0 605.7 70.3 0.0 0.0 26.6 4.0 0.0
763.6 725.6 725.6 654.7 70.9 0.0 0.0 38.0 0.0 0.0
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
31.3 26.4 26.4 4.9 52.7 50.2 50.2 2.5 –21.4 0.0 14.3 14.2 14.2 0.1 0.0 –35.7 67.0
42.8 32.5 32.5 10.4 37.9 37.3 37.3 0.6 1.0 –4.0 14.9 14.8 14.8 0.2 0.0 –13.9 52.8
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
143.1 –23.7 116.0 0.0 50.8 14.9 114.5 14.4
179.3 –4.8 123.5 0.0 61.2 15.0 144.0 20.6
1,324.2 840.6 288.0
1,630.8 1,164.6 355.0
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt
84.1 53.4 8.0 80.4 47.3 65.2
65.6 46.8 4.5 64.2 44.0 65.8
Currency composition (%) Euro Japanese yen U.S. dollar
11.5 0.0 35.2
10.7 0.0 34.9
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
88
2006 Little Book on External Debt
Liberia Sub-Saharan Africa
Low income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
3,052 3.2 835.0 43.2 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
2,567 1,127 1,127 923 204 0 0 332 1,108 1,076
2,706 1,168 1,168 961 207 0 0 347 1,191 1,146
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
0 0 0 0 0 0 0 0 3 3 0 0 0 0 0 3 0
0 0 0 0 0 0 0 0 12 12 1 0 0 1 0 12 1
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
100 0 1 0 99 15 100 0
214 0 20 0 194 28 214 0
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
358 147 0
394 .. 0
1,751.4 717.8 0.1 1,630.2 646.2 0.3
.. 687.1 .. 2,132.6 760.3 0.7
12.7 7.6 50.9
13.3 7.5 49.3
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt Currency composition (%) Euro Japanese yen U.S. dollar
2006 Little Book on External Debt
89
Lithuania Europe and Central Asia
Upper middle income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
9,501 3.4 2,757.9 26.1 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
7,457 4,135 2,113 771 1,342 714 2,022 45 3,277 0
9,475 5,683 2,507 672 1,835 1,532 3,176 26 3,766 0
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
1,422 1,422 200 0 1,829 1,746 862 83 465 872 377 275 171 1 100 89 2,205
2,561 2,561 825 0 1,413 1,393 589 20 1,637 489 346 236 151 1 110 1,290 1,760
212 –324 179 4 353 26 –465 401
2,186 1,168 773 8 237 27 1,301 649
17,872 9,804 115
21,559 12,267 325
76.1 41.7 22.5 105.9 57.8 46.3
77.2 43.9 14.3 95.7 53.5 37.9
63.0 1.9 26.2
73.7 0.6 22.4
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt Currency composition (%) Euro Japanese yen U.S. dollar
90
2006 Little Book on External Debt
Macedonia, FYR Europe and Central Asia
Lower middle income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
1,794 2.0 1,006.7 75.1 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
1,865 1,747 1,438 1,151 287 0 309 68 51 9
2,044 1,901 1,537 1,266 271 0 364 63 81 9
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
237 220 146 17 192 170 89 22 24 –22 52 49 41 1 2 –28 243
275 263 144 12 192 172 82 20 113 30 51 48 37 1 2 62 244
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
284 50 96 1 137 101 201 34
405 91 157 15 141 105 290 66
4,634 1,896 174
5,316 2,326 213
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt
98.4 40.3 12.8 97.1 40.5 50.1
87.9 38.5 10.5 93.9 39.3 48.5
Currency composition (%) Euro Japanese yen U.S. dollar
31.1 0.1 65.5
33.6 0.1 63.3
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
2006 Little Book on External Debt
91
Madagascar Sub-Saharan Africa
Low income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
1,781 18.1 191.2 91.8 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
4,952 4,616 4,616 4,578 37 0 0 172 164 143
3,462 3,232 3,232 3,226 6 0 0 226 4 2
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
232 216 216 16 37 33 33 4 125 –69 32 30 30 1 1 93 69
525 473 473 52 50 44 44 6 457 –18 31 29 29 1 0 426 81
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
485 182 13 0 290 99 423 32
1,334 429 45 0 859 98 1,269 0
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
5,394 1,150 16
4,292 .. 16
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt
430.5 91.8 6.0 138.0 31.0 8.4
.. 80.7 .. 169.6 38.1 14.5
15.4 6.6 58.9
2.7 0.0 69.4
Currency composition (%) Euro Japanese yen U.S. dollar
92
2006 Little Book on External Debt
Malawi Sub-Saharan Africa
Low income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
1,086 12.6 271.1 96.4 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
3,099 2,935 2,935 2,924 11 0 0 102 62 36
3,418 3,297 3,297 3,289 8 0 0 93 28 28
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
88 79 79 9 23 16 16 8 –2 –66 19 17 17 1 1 –20 42
86 86 86 0 35 25 25 9 25 –26 25 23 23 1 0 0 60
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
396 63 10 0 323 125 364 0
425 60 16 0 348 112 385 0
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
1,723 462 1
1,835 .. 1
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt
670.3 179.9 9.0 393.1 108.1 4.3
.. 186.3 .. 185.6 59.8 4.1
1.9 4.9 69.4
3.5 7.0 65.0
Currency composition (%) Euro Japanese yen U.S. dollar
2006 Little Book on External Debt
93
Malaysia East Asia and Pacific
Upper middle income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
52,456 24.9 2,094.7 48.8 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
48,534 39,909 25,376 6,170 19,207 13,698 14,532 0 8,625 0
52,145 40,713 25,560 6,966 18,594 13,754 15,153 0 11,432 0
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
5,627 5,627 2,294 0 7,408 7,408 4,382 0 –1,525 256 2,183 1,908 1,397 0 275 –3,708 9,591
7,815 7,815 3,946 0 7,099 7,099 3,986 0 3,523 2,807 2,088 1,782 1,298 0 306 1,435 9,187
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
2,046 –1,781 2,473 1,340 14 62 –6,597 6,735
9,754 716 4,624 4,400 14 65 1,482 0
98,021 122,025 987
111,858 .. 987
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt
39.8 49.5 7.9 44.8 56.4 92.7
.. 46.6 .. 41.9 52.7 128.3
Currency composition (%) Euro Japanese yen U.S. dollar
4.0 23.6 68.5
4.2 22.8 70.0
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
94
2006 Little Book on External Debt
Maldives South Asia
Lower middle income
Present value of debt Population (thousands) Debt per capita ($) Share of public sector debt in total (%)
274.6 321.2 1,073.4 85.1 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
281.0 255.1 255.1 191.0 64.1 0.0 0.0 0.0 25.9 0.0
344.8 304.4 304.4 218.2 86.2 0.0 0.0 0.0 40.4 0.4
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
36.6 36.6 36.6 0.0 16.0 16.0 16.0 0.0 –2.2 –22.8 5.2 4.6 4.6 0.0 0.7 –7.4 21.2
51.3 51.3 51.3 0.0 23.8 23.8 23.8 0.0 41.6 14.1 8.5 7.6 7.6 0.0 0.9 33.1 32.3
40.0 20.6 14.0 0.0 5.4 6.8 –3.6 39.0
50.7 27.5 14.7 0.0 8.2 6.4 –1.2 44.3
655.4 590.3 2.0
719.2 696.5 2.9
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt
47.6 42.9 3.6 41.5 34.7 57.0
49.5 47.9 4.6 46.1 41.6 59.3
Currency composition (%) Euro Japanese yen U.S. dollar
15.1 0.0 49.5
11.8 0.0 51.9
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
2006 Little Book on External Debt
95
Mali Sub-Saharan Africa
Low income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
1,296 13.1 252.7 94.4 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
3,114 2,910 2,910 2,910 0 0 0 169 35 6
3,316 3,132 3,132 3,131 1 0 0 145 39 6
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
216 198 198 18 56 38 38 18 51 –108 20 17 17 1 2 31 77
168 166 166 2 75 57 57 18 97 4 27 25 25 1 1 70 103
602 159 132 1 309 128 464 120
771 109 180 1 481 122 583 0
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
4,187 1,312 154
4,644 .. 154
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt
237.3 74.4 5.8 123.8 42.4 30.6
.. 71.4 .. 98.0 32.6 26.0
16.4 2.6 44.2
15.9 2.4 45.0
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
Currency composition (%) Euro Japanese yen U.S. dollar
96
2006 Little Book on External Debt
Mauritania Sub-Saharan Africa
Low income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
814 3.0 770.6 89.1 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
2,328 2,049 2,049 2,040 9 0 0 104 174 110
2,297 2,046 2,046 2,037 9 0 0 90 160 95
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
126 124 124 1 39 31 31 8 38 –49 16 13 13 0 2 22 55
108 108 108 0 36 27 27 9 74 2 21 18 18 0 2 53 57
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
463 94 214 0 155 42 449 0
575 81 300 0 194 41 557 0
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
1,405 .. 2
1,619 .. 2
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt
.. 165.6 .. 152.8 72.6 18.0
.. 141.9 .. 186.4 57.1 ..
3.6 3.6 44.0
3.0 0.3 47.4
Currency composition (%) Euro Japanese yen U.S. dollar
2006 Little Book on External Debt
97
Mauritius Sub-Saharan Africa
Upper middle income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
2,245 1.2 1,858.5 37.4 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
2,550 1,000 927 617 310 0 72 0 1,550 0
2,294 941 859 581 278 0 82 0 1,353 0
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
112 112 102 0 141 141 118 0 629 658 94 37 35 0 58 535 235
74 74 48 0 174 174 157 0 –297 –197 85 35 33 0 50 –383 260
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
55 –29 63 8 13 21 –5 24
–46 –100 14 19 21 23 –95 14
5,239 3,225 215
5,998 3,512 215
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt
79.1 48.7 7.3 81.1 52.3 62.9
65.3 38.2 7.4 69.0 42.7 71.2
Currency composition (%) Euro Japanese yen U.S. dollar
55.0 4.1 21.6
55.3 3.9 21.5
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
98
2006 Little Book on External Debt
Mexico Latin America and Caribbean
Upper middle income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
154,677 103.8 1,336.2 55.6 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
141,641 132,463 77,511 20,554 56,957 48,884 54,952 0 9,178 0
138,689 129,600 77,193 19,555 57,638 51,154 52,407 0 9,090 0
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
30,929 30,929 14,848 0 31,493 31,493 15,469 0 –1,286 –722 10,671 10,331 6,453 0 340 –11,957 42,164
37,758 37,758 16,753 0 40,557 40,557 18,131 0 –2,888 –89 10,735 10,285 6,445 0 450 –13,622 51,292
11,617 –564 12,279 –123 25 160 –2,060 3,346
12,096 –2,799 17,377 –2,522 40 140 –1,605 3,417
626,995 194,637 14,911
665,559 223,665 18,143
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt
72.8 22.6 21.7 83.1 25.4 41.7
62.0 20.8 22.9 76.6 24.0 46.3
Currency composition (%) Euro Japanese yen U.S. dollar
0.5 5.1 91.1
1.8 3.7 91.9
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
2006 Little Book on External Debt
99
Moldova Europe and Central Asia
Low income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
1,727 4.2 442.8 40.3 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
1,901 1,218 848 794 54 34 369 143 541 46
1,868 1,168 754 711 42 32 415 126 573 15
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
95 95 24 0 110 88 47 22 28 43 49 32 20 2 15 –21 159
82 82 24 0 183 162 79 22 –38 63 64 47 32 3 15 –103 248
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
123 8 71 1 43 54 63 31
48 –80 81 –2 39 59 –74 55
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
2,215 1,553 486
2,932 2,043 703
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt
122.4 85.8 10.3 146.5 95.1 15.9
91.4 63.7 12.1 107.9 74.9 25.2
10.3 3.0 68.5
10.3 3.5 66.0
Currency composition (%) Euro Japanese yen U.S. dollar
100
2006 Little Book on External Debt
Mongolia East Asia and Pacific
Low income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
1,143.7 2.5 603.2 86.1 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
1,472 1,137 1,137 1,137 1 0 0 50 285 3
1,517 1,306 1,306 1,305 0 0 0 44 167 0
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
122 111 111 11 274 265 265 9 89 241 14 12 12 0 2 75 288
127 127 127 0 20 13 13 7 –8 –115 21 14 14 0 7 –29 41
45 –154 132 0 67 77 28 5
280 115 93 0 72 75 256 10
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
1,263 978 129
1,601 1,422 203
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt
150.6 116.6 29.5 139.9 94.5 16.5
106.6 94.7 2.9 107.9 86.3 16.5
7.9 23.2 39.9
8.0 22.4 42.9
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
Currency composition (%) Euro Japanese yen U.S. dollar
2006 Little Book on External Debt
101
Morocco Middle East and North Africa
Lower middle income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
16,683 29.8 592.6 83.7 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
18,910 17,657 15,164 11,689 3,476 587 2,493 0 1,253 11
17,672 17,461 14,863 11,803 3,060 589 2,598 0 211 11
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
2,227 2,227 1,586 0 2,965 2,965 2,524 0 –1,077 –339 1,329 1,298 1,236 0 31 –2,406 4,294
1,208 1,208 969 0 2,378 2,378 2,093 0 –2,212 –1,042 618 592 508 0 26 –2,830 2,996
1,813 –738 2,313 8 230 351 –79 594
584 –1,170 769 572 413 382 –678 670
43,024 18,234 3,614
49,380 21,358 4,221
103.7 44.0 23.5 108.6 47.2 74.8
82.7 35.8 14.0 90.9 39.2 94.2
47.6 4.8 28.0
49.8 5.1 25.2
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt Currency composition (%) Euro Japanese yen U.S. dollar
102
2006 Little Book on External Debt
Mozambique Sub-Saharan Africa
Low income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
806 19.4 239.4 67.9 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
4,543 3,998 2,809 2,808 2 0 1,189 209 336 274
4,651 4,108 3,157 3,155 2 0 951 197 345 293
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
225 213 213 12 60 51 27 9 101 –64 25 22 22 1 3 75 85
312 310 310 2 52 43 20 9 250 –10 30 28 28 1 2 219 83
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
1,106 162 337 0 607 228 1,042 42
1,326 266 245 0 815 209 1,131 168
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
4,588 1,434 69
5,746 1,836 58
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt
316.9 99.0 5.9 117.8 38.1 20.9
253.2 80.9 4.5 53.7 17.0 24.9
3.4 0.0 73.5
3.2 0.0 71.4
Currency composition (%) Euro Japanese yen U.S. dollar
2006 Little Book on External Debt
103
Myanmar East Asia and Pacific
Low income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
5,462 50.0 144.8 78.0 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
7,319 5,857 5,857 4,979 878 0 0 0 1,461 745
7,239 5,647 5,647 4,794 853 0 0 0 1,593 774
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
3 3 3 0 93 93 93 0 66 155 28 14 14 0 14 38 121
2 2 2 0 93 93 93 0 12 103 33 13 13 0 20 –21 125
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
231 –90 251 0 70 53 –534 752
207 –91 214 0 84 40 –567 762
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
.. 3,047 85
.. 3,303 118
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt
240.1 .. 4.0 187.0 .. 8.8
219.2 .. 3.8 176.0 .. 10.7
12.2 46.9 30.6
11.9 46.4 31.5
Currency composition (%) Euro Japanese yen U.S. dollar
104
2006 Little Book on External Debt
Nepal South Asia
Low income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
2,214 26.6 126.1 99.3 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
3,200 3,176 3,176 3,170 6 0 0 11 13 0
3,354 3,332 3,332 3,326 6 0 0 22 0 0
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
240 230 230 10 82 79 79 3 131 –27 30 30 30 0 1 101 112
118 107 107 11 84 83 83 1 20 –13 30 30 30 0 0 –10 114
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
384 151 15 0 218 150 312 42
288 24 0 0 265 118 214 45
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
5,843 1,868 771
6,685 2,080 823
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt
171.3 54.8 6.0 131.4 37.7 40.2
161.3 50.2 5.5 118.6 36.7 45.6
2.5 10.5 42.9
2.4 10.1 42.7
Currency composition (%) Euro Japanese yen U.S. dollar
2006 Little Book on External Debt
105
Nicaragua Latin America and Caribbean
Low income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
1,423 5.4 957.0 80.2 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
6,911 6,102 5,894 5,543 350 0 209 213 595 434
5,145 4,403 4,125 3,811 314 0 278 248 495 362
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
362 333 259 29 131 126 74 5 257 26 55 49 42 1 6 202 187
408 367 299 41 80 71 28 9 301 –28 46 39 33 1 6 254 126
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
903 207 201 0 495 103 778 77
1,675 296 250 0 1,129 107 1,556 80
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
3,959 1,753 439
4,362 2,181 519
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt
394.3 174.6 10.6 97.9 39.9 7.4
235.9 117.9 5.8 78.2 35.2 13.0
12.7 2.0 72.6
1.0 0.0 80.4
Currency composition (%) Euro Japanese yen U.S. dollar
106
2006 Little Book on External Debt
Niger Sub-Saharan Africa
Low income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
674 13.5 144.5 90.9 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
2,084 1,944 1,898 1,898 0 0 46 131 9 6
1,950 1,811 1,772 1,772 0 0 39 135 3 3
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
141 117 117 24 22 17 9 5 120 2 11 10 10 1 0 109 33
137 125 125 13 37 30 24 7 98 –3 14 13 12 1 0 84 51
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
396 100 15 0 281 59 376 9
524 94 0 0 430 61 508 0
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
2,718 444 26
3,068 .. 26
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt
469.4 76.7 7.5 148.0 25.5 12.5
.. 63.6 .. 156.2 25.5 13.2
23.1 1.3 51.2
12.7 0.0 59.0
Currency composition (%) Euro Japanese yen U.S. dollar
2006 Little Book on External Debt
107
Nigeria Sub-Saharan Africa
Low income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
35,462 128.7 278.8 87.1 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
34,963 31,563 31,563 29,178 2,385 1,442 0 0 3,400 2,658
35,890 31,304 31,304 29,062 2,241 1,442 0 0 4,586 3,235
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
181 181 181 0 1,217 1,217 1,217 0 –1,089 –53 419 409 409 0 10 –1,508 1,636
223 223 223 0 1,374 1,374 1,374 0 –543 609 1,038 1,024 1,024 0 13 –1,580 2,412
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
1,080 –1,036 2,006 0 111 178 –847 1,518
872 –1,151 1,875 0 149 256 –1,226 1,074
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
49,908 27,247 1,063
60,325 29,423 2,273
128.3 70.1 6.0 148.1 75.9 21.2
122.0 59.5 8.2 139.6 70.7 48.1
39.8 12.3 21.9
40.8 12.0 21.4
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt Currency composition (%) Euro Japanese yen U.S. dollar
108
2006 Little Book on External Debt
Oman Middle East and North Africa
Upper middle income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
3,784 2.5 1,528.1 31.2 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
3,963 2,719 1,558 1,205 353 0 1,161 0 1,244 0
3,872 2,565 1,209 1,079 130 0 1,356 0 1,307 0
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
278 278 49 0 1,114 1,114 574 0 –780 56 162 125 76 0 36 –941 1,275
633 633 43 0 796 796 401 0 –100 63 197 147 61 0 50 –297 993
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
–175 –836 528 94 39 6 –1,944 1,644
10 –163 –17 147 42 9 –1,562 1,425
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
20,713 12,563 39
23,359 14,436 40
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt
31.5 19.1 10.1 31.8 18.9 90.7
26.8 16.6 6.9 29.2 17.8 92.9
Currency composition (%) Euro Japanese yen U.S. dollar
0.0 5.0 61.7
0.0 7.4 57.9
2006 Little Book on External Debt
109
Pakistan South Asia
Low income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
28,641 152.1 234.7 86.8 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
35,885 32,532 30,913 30,240 673 325 1,619 2,108 1,245 0
35,687 32,566 31,029 30,122 907 608 1,537 1,876 1,245 0
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
1,435 948 868 488 2,194 1,599 1,220 595 –1,053 –295 848 788 698 25 35 –1,901 3,041
2,688 2,432 2,052 256 3,535 2,965 2,503 570 –847 0 750 697 622 21 32 –1,597 4,285
1,177 –651 534 –26 1,320 144 –504 893
923 –533 1,118 50 289 136 –1,260 1,487
80,140 18,980 3,964
93,908 20,242 3,945
189.1 44.8 16.0 189.5 40.8 32.9
176.3 38.0 21.2 155.8 35.3 30.0
12.1 18.2 41.1
13.0 18.7 38.7
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt Currency composition (%) Euro Japanese yen U.S. dollar
110
2006 Little Book on External Debt
Panama Latin America and Caribbean
Upper middle income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
11,510 3.2 2,981.9 77.2 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
8,772 8,288 6,565 1,420 5,145 5,034 1,723 45 439 0
9,469 9,047 7,305 1,406 5,899 5,803 1,742 36 386 0
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
701 701 426 0 407 397 293 9 363 69 548 534 470 1 13 –185 955
1,556 1,556 1,310 0 800 790 570 10 702 –54 601 589 497 1 10 101 1,401
1,094 304 771 0 19 37 –90 650
1,788 765 1,012 0 11 46 246 953
12,043 8,450 85
12,692 9,773 127
103.8 72.8 11.3 122.9 92.6 11.5
96.9 74.6 14.3 128.6 93.9 6.7
0.1 1.3 94.3
0.0 1.2 95.3
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt Currency composition (%) Euro Japanese yen U.S. dollar
2006 Little Book on External Debt
111
Papua New Guinea East Asia and Pacific
Low income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
1,967 5.8 372.3 67.2 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
2,464 2,231 1,505 1,411 94 0 727 122 111 0
2,149 1,976 1,445 1,367 78 0 531 64 109 0
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
40 40 40 0 222 217 126 5 –135 47 72 69 46 2 1 –207 294
35 35 35 0 390 330 134 60 –357 –2 84 78 42 3 3 –441 474
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
29 –177 101 0 105 149 –283 0
–160 –296 25 0 110 187 –456 0
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
2,948 2,473 6
3,499 .. 6
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt
99.6 83.6 11.9 104.2 80.0 21.1
.. 61.4 .. 79.8 65.8 30.7
3.6 30.7 26.0
3.8 31.4 28.2
Currency composition (%) Euro Japanese yen U.S. dollar
112
2006 Little Book on External Debt
Paraguay Latin America and Caribbean
Lower middle income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
3,295 6.0 570.5 71.5 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
3,202 2,651 2,217 1,757 460 0 434 0 552 24
3,433 2,765 2,453 1,950 503 0 312 0 668 2
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
250 250 153 0 213 213 133 0 98 61 110 104 79 0 6 –13 323
139 139 139 0 337 337 215 0 –59 138 164 146 125 0 18 –224 501
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
88 37 33 0 18 48 –74 58
–88 –197 92 0 18 50 –341 107
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
6,038 3,034 222
7,349 3,715 260
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt
105.5 53.0 10.7 107.3 50.6 30.7
92.4 46.7 13.5 104.4 52.3 34.0
3.5 13.4 64.0
2.7 14.0 66.9
Currency composition (%) Euro Japanese yen U.S. dollar
2006 Little Book on External Debt
113
Peru Latin America and Caribbean
Lower middle income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
33,768 27.6 1,135.5 71.9 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
29,822 27,158 22,037 16,050 5,987 5,630 5,121 139 2,525 0
31,296 28,679 23,500 16,396 7,104 6,949 5,179 104 2,513 0
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
2,243 2,243 2,188 0 1,185 1,072 1,020 112 1,309 251 1,369 1,293 1,151 4 72 –60 2,553
2,669 2,669 2,541 0 1,304 1,264 1,194 40 1,354 –12 1,428 1,354 1,192 3 70 –74 2,732
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
2,688 1,170 1,335 1 182 291 283 1,112
3,355 1,405 1,816 –47 180 292 –303 2,304
58,647 11,968 860
65,217 15,984 1,123
249.2 50.9 21.3 310.9 60.0 34.3
195.8 48.0 17.1 264.7 56.6 40.5
6.4 14.2 74.3
9.6 13.7 72.3
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt Currency composition (%) Euro Japanese yen U.S. dollar
114
2006 Little Book on External Debt
Philippines East Asia and Pacific
Lower middle income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
62,301 81.6 741.9 58.6 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
62,476 55,099 36,033 21,004 15,029 12,578 19,066 1,197 6,179 0
60,550 54,748 35,564 20,819 14,745 11,969 19,184 756 5,046 0
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
7,323 7,323 5,133 0 7,338 6,730 3,771 608 606 620 2,855 2,695 1,865 29 132 –2,250 10,193
8,277 8,277 6,583 0 7,851 7,378 4,738 473 –706 –1,133 3,719 3,494 2,200 25 200 –4,426 11,570
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
1,574 593 347 460 174 252 –2,145 1,024
1,941 899 469 418 155 237 –2,547 994
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
83,185 50,180 10,767
90,656 55,339 11,634
124.5 75.1 20.3 146.8 80.0 27.3
109.4 66.8 20.9 123.7 73.1 26.8
5.7 39.7 41.4
5.9 40.7 40.9
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt Currency composition (%) Euro Japanese yen U.S. dollar
2006 Little Book on External Debt
115
Poland Europe and Central Asia
Upper middle income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
95,838 38.2 2,597.8 36.9 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
95,463 75,963 34,964 20,368 14,596 14,191 40,999 0 19,500 0
99,190 82,343 36,595 18,586 18,009 17,605 45,748 0 16,847 0
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
18,675 18,675 5,442 0 16,542 16,542 3,784 0 6,958 4,825 2,608 2,293 1,077 0 315 4,350 19,150
31,787 31,787 4,164 0 31,341 31,341 3,650 0 –2,207 –2,653 3,210 2,865 1,096 0 345 –5,417 34,551
6,520 2,133 4,123 –837 1,100 110 2,134 2,093
13,853 446 12,613 1,913 1,424 121 1,446 9,542
206,224 76,577 2,655
237,727 99,786 2,710
124.7 46.3 25.0 146.8 48.3 35.6
99.4 41.7 34.6 121.4 45.4 37.1
55.8 4.2 28.3
60.2 5.7 25.0
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt Currency composition (%) Euro Japanese yen U.S. dollar
116
2006 Little Book on External Debt
Romania Europe and Central Asia
Lower middle income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
29,506 21.7 1,385.0 44.1 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
22,629 19,531 11,729 5,578 6,152 2,210 7,801 595 2,503 11
30,034 24,756 13,667 6,273 7,394 2,179 11,089 443 4,835 12
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
5,035 4,804 2,674 231 2,703 2,592 1,425 111 3,542 1,210 866 815 570 9 42 2,677 3,569
7,843 7,843 2,829 0 3,575 3,404 1,506 171 6,598 2,330 1,150 1,006 630 14 130 5,448 4,725
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
4,523 2,212 1,844 69 398 143 3,454 254
10,728 4,439 5,440 111 739 151 8,601 1,121
55,866 21,032 124
71,871 27,522 132
107.6 40.5 17.0 125.8 46.0 41.8
109.1 41.8 17.2 135.8 51.2 53.6
57.6 2.3 27.1
58.6 2.4 27.2
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt Currency composition (%) Euro Japanese yen U.S. dollar
2006 Little Book on External Debt
117
Russian Federation Europe and Central Asia
Upper middle income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
201,995 143.8 1,371.8 50.5 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
175,523 139,996 98,875 53,148 45,727 42,981 41,121 5,069 30,457 3,257
197,335 158,624 99,646 54,457 45,189 42,562 58,978 3,562 35,149 2,949
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
14,099 14,099 610 0 10,952 9,055 5,935 1,897 12,747 9,600 8,243 7,462 5,600 113 669 4,504 19,195
18,576 18,576 445 0 12,812 11,156 5,845 1,656 10,764 5,000 8,369 7,551 5,431 112 705 2,396 21,181
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
13,829 5,044 7,958 413 413 878 –6,154 12,521
21,086 7,421 12,479 528 658 725 4,971 8,563
418,316 163,515 1,453
568,620 215,221 2,668
107.3 42.0 11.7 134.6 52.1 44.7
91.7 34.7 9.8 119.9 45.7 64.0
22.4 1.3 70.2
21.9 1.3 71.4
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt Currency composition (%) Euro Japanese yen U.S. dollar
118
2006 Little Book on External Debt
Rwanda Sub-Saharan Africa
Low income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
258 8.9 186.4 93.3 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
1,540 1,418 1,418 1,416 2 0 0 92 30 18
1,656 1,545 1,545 1,543 2 0 0 92 18 18
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
32 31 31 1 13 12 12 2 3 –16 8 7 7 0 0 –5 21
102 100 100 2 13 13 13 1 77 –12 11 10 10 0 0 66 24
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
227 20 5 0 202 95 214 6
380 88 8 0 285 98 367 3
1,653 151 10
1,814 216 10
1,017.9 93.1 14.0 615.0 57.5 13.9
767.5 91.3 11.2 150.3 14.9 19.0
7.2 0.2 63.9
6.7 0.1 64.7
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt Currency composition (%) Euro Japanese yen U.S. dollar
2006 Little Book on External Debt
119
Samoa East Asia and Pacific
Lower middle income
Present value of debt Population (thousands) Debt per capita ($) Share of public sector debt in total (%)
499.6 183.7 3,059.3 31.5 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
365.0 169.3 169.3 169.3 0.0 0.0 0.0 0.0 195.7 0.0
562.1 177.1 177.1 177.1 0.0 0.0 0.0 0.0 385.1 0.0
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
4.9 4.9 4.9 0.0 4.2 4.2 4.2 0.0 118.7 118.1 8.9 1.3 1.3 0.0 7.5 109.9 13.1
5.2 5.2 5.2 0.0 4.7 4.7 4.7 0.0 189.8 189.4 16.4 1.6 1.6 0.0 14.8 173.5 21.1
10.6 0.6 0.5 0.0 9.4 20.9 9.2 0.0
6.2 0.5 0.5 0.0 5.2 24.4 4.6 0.0
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
317.2 .. 45.0
374.8 .. 45.0
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt
.. 115.1 .. 209.1 122.1 23.0
.. 150.0 .. 400.4 157.5 17.0
2.3 0.0 41.3
2.1 0.0 42.9
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
Currency composition (%) Euro Japanese yen U.S. dollar
120
2006 Little Book on External Debt
São Tomé and Principe Sub-Saharan Africa
Low income
Present value of debt Population (thousands) Debt per capita ($) Share of public sector debt in total (%)
100.6 153.0 2,368.0 96.6 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
349.2 337.8 337.8 337.8 0.0 0.0 0.0 2.8 8.6 8.6
362.2 349.7 349.7 349.7 0.0 0.0 0.0 3.0 9.5 9.5
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
6.4 6.4 6.4 0.0 3.9 3.9 3.9 0.0 –12.5 –15.0 2.8 2.6 2.6 0.0 0.2 –15.3 6.7
10.2 10.2 10.2 0.0 6.5 6.5 6.5 0.0 3.7 0.0 3.1 3.1 3.1 0.0 0.0 0.6 9.6
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
29.3 2.6 7.0 0.0 19.8 12.7 26.7 0.0
74.5 3.7 54.0 0.0 16.8 15.3 71.4 0.0
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
56.6 21.3 1.0
59.2 0.0 1.0
1,641.7 617.3 31.4 770.1 314.2 7.3
0.0 612.4 0.0 459.4 184.9 5.5
5.3 0.0 44.8
5.3 0.0 43.7
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt Currency composition (%) Euro Japanese yen U.S. dollar
2006 Little Book on External Debt
121
Senegal Sub-Saharan Africa
Low income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
1,446 11.4 345.9 90.2 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
4,447 4,051 4,001 3,976 25 0 50 240 156 2
3,938 3,698 3,553 3,530 23 0 145 204 36 1
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
259 254 240 5 164 132 119 32 –44 –138 80 73 72 1 5 –123 244
519 514 404 5 259 224 209 35 142 –118 76 72 64 1 3 65 335
333 122 52 4 156 205 171 89
1,120 289 70 4 757 219 958 0
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
7,353 2,361 511
7,546 .. 511
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt
188.4 60.5 10.3 96.4 36.4 25.0
.. 52.2 .. 60.7 21.9 35.2
21.0 1.9 48.6
11.5 0.2 58.9
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
Currency composition (%) Euro Japanese yen U.S. dollar
122
2006 Little Book on External Debt
Serbia and Montenegro Europe and Central Asia
Lower middle income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
15,374 8.1 1,949.5 59.9 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
15,106 11,595 9,417 7,489 1,928 0 2,177 917 2,594 1,749
15,882 13,052 9,508 8,328 1,180 0 3,545 964 1,866 700
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
1,213 933 308 280 224 224 66 0 814 –175 301 258 217 13 30 513 525
2,313 2,072 545 241 643 409 72 235 1,990 321 337 281 228 24 32 1,653 981
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
3,066 709 1,360 0 997 312 2,808 0
3,366 1,663 966 0 737 318 3,085 0
20,435 6,766 2,661
23,704 .. 4,129
223.3 73.9 7.8 238.3 83.3 ..
.. 67.0 .. 209.4 77.4 ..
22.8 0.0 54.5
27.5 0.0 69.4
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt Currency composition (%) Euro Japanese yen U.S. dollar
2006 Little Book on External Debt
123
Seychelles Sub-Saharan Africa
Upper middle income
Present value of debt Population (thousands) Debt per capita ($) Share of public sector debt in total (%)
631.1 83.6 7,350.2 83.5 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
547.9 439.0 439.0 249.7 189.3 0.0 0.0 0.0 108.9 35.9
614.8 513.5 513.5 256.8 256.7 0.0 0.0 0.0 101.3 45.6
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
56.0 56.0 56.0 0.0 64.6 64.6 64.6 0.0 –26.6 –18.0 14.7 12.7 12.7 0.0 2.0 –41.3 79.3
102.7 102.7 102.7 0.0 39.6 39.6 39.6 0.0 45.8 –17.3 12.2 9.9 9.9 0.0 2.3 33.6 51.8
52.0 –8.6 58.0 0.0 2.6 6.3 13.4 25.9
127.9 63.1 37.4 0.0 4.8 6.2 101.8 16.2
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
661.2 629.9 2.0
671.0 636.9 2.0
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt
87.0 82.9 12.6 102.9 89.1 12.3
96.5 91.6 8.1 104.1 96.5 5.6
16.2 2.1 53.7
15.1 1.0 59.1
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
Currency composition (%) Euro Japanese yen U.S. dollar
124
2006 Little Book on External Debt
Sierra Leone Sub-Saharan Africa
Low income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
358 5.3 322.8 88.2 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
1,606 1,418 1,418 1,405 12 0 0 169 20 8
1,723 1,520 1,520 1,508 12 0 0 196 7 7
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
63 44 44 20 15 13 13 1 51 3 11 9 9 1 0 40 25
122 80 80 41 14 13 13 1 96 –12 13 12 12 1 0 83 27
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
259 30 3 0 225 69 240 9
334 68 26 0 261 38 290 32
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
963 204 26
1,048 244 25
786.3 166.8 12.4 631.6 118.2 4.1
705.5 164.4 10.9 187.6 36.8 7.3
15.8 8.7 49.0
14.3 8.6 49.1
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt Currency composition (%) Euro Japanese yen U.S. dollar
2006 Little Book on External Debt
125
Slovak Republic Europe and Central Asia
Upper middle income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
21,701 5.4 4,100.0 22.9 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
18,172 10,117 4,508 1,238 3,270 2,814 5,609 0 8,056 21
22,068 11,603 5,163 1,211 3,952 3,701 6,440 0 10,465 17
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
3,537 3,537 1,043 0 2,966 2,966 1,502 0 2,883 2,312 652 516 296 0 136 2,231 3,618
5,047 5,047 1,633 0 4,133 4,133 1,339 0 3,328 2,413 919 590 217 0 329 2,408 5,052
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
1,419 571 669 59 120 31 725 178
2,291 914 1,122 60 184 29 1,535 0
32,545 26,148 425
40,685 .. 425
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt
69.5 55.8 13.8 90.2 69.7 66.9
.. 54.2 .. 85.9 67.1 67.6
Currency composition (%) Euro Japanese yen U.S. dollar
84.0 1.7 8.4
89.6 1.2 5.8
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
126
2006 Little Book on External Debt
Solomon Islands East Asia and Pacific
Low income
Present value of debt Population (thousands) Debt per capita ($) Share of public sector debt in total (%)
134.6 465.8 377.9 88.2 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
178.0 169.9 151.3 147.0 4.2 0.0 18.6 0.0 8.1 6.7
176.0 166.3 155.3 151.1 4.2 0.0 11.0 0.0 9.8 9.8
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
0.4 0.4 0.4 0.0 5.5 5.5 2.9 0.0 –4.2 0.9 3.9 3.9 2.4 0.0 0.0 –8.1 9.4
2.2 2.2 2.2 0.0 10.4 10.4 2.6 0.0 –9.6 –1.3 6.2 6.2 2.2 0.0 0.0 –15.8 16.6
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
13.4 –5.1 –2.0 0.0 20.5 62.8 9.5 0.0
12.0 –8.2 –5.0 0.0 25.2 97.7 5.7 0.0
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
222.7 .. 2.0
255.8 .. 2.0
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt
.. 79.9 .. 176.3 59.6 20.9
.. 68.8 .. 129.2 57.7 45.8
6.1 2.9 73.8
6.4 2.9 73.6
Currency composition (%) Euro Japanese yen U.S. dollar
2006 Little Book on External Debt
127
Somalia Sub-Saharan Africa
Low income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
3,045 8.0 357.7 68.4 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
2,838 1,936 1,936 1,900 36 0 0 166 735 702
2,849 1,949 1,949 1,912 37 0 0 174 726 726
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 –33 –33 0 0 0 0 0 –33 0
155 0 0 0 155 22 155 0
192 0 9 0 183 11 192 0
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
.. .. ..
.. .. ..
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt
.. .. .. .. .. ..
.. .. .. .. .. ..
5.8 3.0 50.8
6.2 3.1 51.2
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
Currency composition (%) Euro Japanese yen U.S. dollar
128
2006 Little Book on External Debt
South Africa Sub-Saharan Africa
Upper middle income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
26,742 45.5 626.2 33.8 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
27,807 20,448 9,120 212 8,909 7,187 11,328 0 7,359 0
28,500 20,591 9,793 263 9,530 7,360 10,798 0 7,909 0
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
5,664 5,664 1,490 0 2,951 2,951 1,459 0 2,671 –41 1,359 1,138 606 0 221 1,312 4,310
3,108 3,108 1,969 0 2,490 2,490 853 0 1,169 550 1,336 1,086 582 0 250 –167 3,825
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
4,474 2,712 770 685 306 265 –668 4,003
8,215 619 585 6,661 351 241 3,197 3,933
160,838 48,953 435
208,447 59,939 521
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt
56.8 17.3 8.8 68.9 23.1 29.3
47.5 13.7 6.4 54.4 16.8 52.2
Currency composition (%) Euro Japanese yen U.S. dollar
17.3 4.1 76.4
17.4 0.0 80.2
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
2006 Little Book on External Debt
129
Sri Lanka South Asia
Lower middle income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
9,026 19.4 560.6 89.5 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
10,238 9,374 9,106 8,494 612 65 268 393 471 0
10,887 10,061 9,765 9,123 642 65 296 294 531 0
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
977 895 895 83 420 388 328 31 621 63 186 175 155 5 5 435 605
772 772 672 0 552 441 368 112 281 61 214 190 170 8 15 67 766
730 506 229 –143 138 97 464 92
656 332 233 –100 191 77 370 95
18,183 8,128 1,438
19,224 9,004 1,590
126.0 56.3 7.4 110.2 50.6 22.8
120.9 56.6 8.5 110.7 50.4 20.3
7.4 30.4 40.2
8.2 30.8 39.9
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt Currency composition (%) Euro Japanese yen U.S. dollar
130
2006 Little Book on External Debt
St. Kitts and Nevis Latin America and Caribbean
Upper middle income
Present value of debt Population (thousands) Debt per capita ($) Share of public sector debt in total (%)
309.2 47.0 6,733.8 99.1 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
316.7 314.9 314.9 166.4 148.5 19.1 0.0 0.0 1.8 0.3
316.4 313.5 313.5 164.2 149.2 19.1 0.0 0.0 2.9 1.4
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
66.5 66.5 66.5 0.0 23.5 22.4 22.4 1.1 43.0 0.0 21.0 20.9 20.9 0.0 0.0 22.0 44.5
12.2 12.2 12.2 0.0 24.3 24.3 24.3 0.0 –12.1 0.1 22.5 22.5 22.5 0.0 0.0 –34.6 46.8
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
111.5 44.1 67.3 0.0 0.2 0.1 69.4 0.0
49.8 –12.1 61.7 0.0 0.3 1.1 5.2 0.0
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
325.3 124.2 3.7
348.3 .. 3.7
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt
255.1 97.4 35.9 211.9 103.0 20.5
.. 90.8 .. 212.4 94.2 24.8
1.8 0.0 83.5
1.8 0.0 84.1
Currency composition (%) Euro Japanese yen U.S. dollar
2006 Little Book on External Debt
131
St. Lucia Latin America and Caribbean
Upper middle income
Present value of debt Population (thousands) Debt per capita ($) Share of public sector debt in total (%)
401.1 163.7 2,525.3 62.1 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
368.3 235.0 235.0 141.8 93.2 0.0 0.0 0.0 133.3 1.3
413.3 256.7 256.7 163.9 92.8 0.0 0.0 0.0 156.6 2.6
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
33.1 33.1 33.1 0.0 15.6 15.6 15.6 0.0 –54.8 –72.2 17.0 12.0 12.0 0.0 5.0 –71.7 32.6
28.6 28.6 28.6 0.0 9.8 9.8 9.8 0.0 40.8 22.0 16.6 11.4 11.4 0.0 5.2 24.2 26.4
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
131.2 17.4 102.2 0.0 11.6 3.4 88.2 0.0
133.1 18.8 111.4 0.0 2.9 2.7 92.5 0.0
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
644.7 372.9 4.0
675.2 .. 4.0
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt
98.8 57.1 8.7 104.1 57.5 29.0
.. 61.2 .. 105.4 62.0 32.1
5.2 0.0 62.4
4.6 0.0 66.1
Currency composition (%) Euro Japanese yen U.S. dollar
132
2006 Little Book on External Debt
St. Vincent & Grenadines Latin America and Caribbean
Upper middle income
Present value of debt Population (thousands) Debt per capita ($) Share of public sector debt in total (%)
232.8 118.4 2,169.0 87.0 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
227.9 194.6 194.6 108.2 86.4 0.0 0.0 0.0 33.2 3.2
256.9 223.4 223.4 112.6 110.7 0.0 0.0 0.0 33.5 3.5
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
26.5 26.5 26.5 0.0 9.4 9.4 9.4 0.0 17.1 0.0 5.8 4.6 4.6 0.0 1.2 11.3 15.2
39.9 39.9 39.9 0.0 13.2 13.2 13.2 0.0 26.7 0.0 7.7 6.5 6.5 0.0 1.2 19.0 20.9
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
76.1 17.1 55.1 0.0 3.9 1.5 60.8 0.0
91.4 26.7 55.7 0.0 8.9 2.4 72.7 0.0
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
355.8 .. 3.5
380.6 .. 3.5
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt
.. 64.0 .. 107.5 56.1 22.5
.. 67.5 .. 129.5 64.4 29.2
7.2 0.0 72.8
7.0 0.0 69.0
Currency composition (%) Euro Japanese yen U.S. dollar
2006 Little Book on External Debt
133
Sudan Sub-Saharan Africa
Low income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
25,273 35.5 544.2 63.2 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
18,389 11,871 11,375 9,208 2,166 0 496 599 5,920 5,787
19,332 12,220 11,724 9,359 2,365 0 496 593 6,519 6,122
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
111 111 111 0 214 188 188 26 –108 –4 58 58 58 0 0 –166 272
224 224 224 0 233 202 202 31 255 264 79 79 79 0 0 176 312
1,836 –77 1,349 0 564 58 899 879
2,325 22 1,511 0 792 78 1,124 1,122
16,347 3,807 1,224
19,609 5,245 1,403
483.0 112.5 7.2 549.8 120.4 4.6
368.6 98.6 6.0 624.9 151.3 8.4
8.4 1.9 54.9
8.7 1.9 53.2
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt Currency composition (%) Euro Japanese yen U.S. dollar
134
2006 Little Book on External Debt
Swaziland Sub-Saharan Africa
Lower middle income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
490.8 1.1 419.8 97.0 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
435.0 421.3 421.3 380.8 40.4 0.0 0.0 0.0 13.8 13.5
470.1 456.0 456.0 389.6 66.4 0.0 0.0 0.0 14.1 14.1
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
40.9 40.9 40.9 0.0 13.3 13.3 13.3 0.0 27.8 0.1 13.3 13.3 13.3 0.0 0.0 14.5 26.6
59.6 59.6 59.6 0.0 23.5 23.5 23.5 0.0 35.9 –0.3 20.8 20.8 20.8 0.0 0.0 15.1 44.3
–21.1 27.7 –61.0 –0.1 12.4 7.8 –154.4 120.0
215.3 36.1 68.4 –0.3 111.5 11.5 107.6 86.9
1,892.4 2,024.6 87.8
2,401.2 2,599.0 88.8
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt
21.5 23.0 1.3 27.9 26.3 63.8
18.1 19.6 1.7 25.0 26.8 68.8
Currency composition (%) Euro Japanese yen U.S. dollar
29.0 0.0 9.9
20.0 0.0 11.9
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
2006 Little Book on External Debt
135
Syrian Arab Republic Middle East and North Africa
Lower middle income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
21,412 18.6 1,158.1 73.1 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
21,566 15,848 15,848 14,739 1,109 0 0 0 5,718 2,718
21,521 15,742 15,742 14,620 1,122 0 0 0 5,778 2,778
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
0 0 0 0 165 165 165 0 –165 0 174 55 55 0 119 –339 339
0 0 0 0 164 164 164 0 –164 0 164 49 49 0 115 –328 328
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
78 –165 160 0 83 94 24 0
208 –164 275 0 97 71 159 0
20,704 8,118 889
23,267 9,250 855
265.7 104.2 4.2 262.5 110.7 ..
232.6 92.5 3.5 248.5 101.4 ..
3.0 3.0 86.4
3.0 2.9 86.9
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt Currency composition (%) Euro Japanese yen U.S. dollar
136
2006 Little Book on External Debt
Tajikistan Europe and Central Asia
Low income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
638 6.4 139.3 82.3 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
1,140.6 959.7 900.7 890.3 10.4 0.0 59.0 99.8 81.1 2.1
895.8 773.2 744.5 734.3 10.3 0.0 28.7 122.2 0.4 0.4
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
66.5 55.3 55.3 11.2 73.3 57.9 34.4 15.3 21.2 28.0 16.0 14.7 11.0 0.5 0.8 5.2 89.3
130.8 101.8 98.1 29.0 77.3 65.4 39.1 11.9 –25.5 –79.0 23.4 21.7 19.8 0.6 1.2 –48.9 100.8
107.5 –2.7 31.7 0.3 78.2 38.0 92.1 0.7
390.9 36.4 272.0 0.0 82.5 51.6 367.9 1.3
1,463.8 1,141.6 146.0
1,993.2 1,473.5 252.0
99.9 77.9 7.8 111.6 77.0 10.3
60.8 44.9 6.8 55.3 41.3 19.2
6.2 0.0 90.2
8.0 0.0 86.1
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt Currency composition (%) Euro Japanese yen U.S. dollar
2006 Little Book on External Debt
137
Tanzania Sub-Saharan Africa
Low income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
2,248 37.6 207.3 79.8 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
6,990 5,738 5,722 5,630 92 0 16 437 814 657
7,799 6,237 6,225 6,132 93 0 12 423 1,140 811
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
501 476 476 25 51 44 41 7 445 –4 40 33 32 2 5 405 91
426 418 418 8 67 42 38 25 532 172 52 43 43 2 7 479 119
1,649 432 254 0 963 160 1,600 16
1,897 376 249 0 1,272 176 1,842 13
10,244 1,955 9
10,801 2,261 11
357.5 68.2 4.7 131.6 22.2 29.2
345.0 72.2 5.3 114.8 21.9 29.4
1.9 8.8 56.2
1.9 8.2 56.6
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt Currency composition (%) Euro Japanese yen U.S. dollar
138
2006 Little Book on External Debt
Thailand East Asia and Pacific
Lower middle income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
49,645 63.7 805.5 29.9 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
51,783 40,827 17,702 13,115 4,586 2,308 23,125 0 10,956 0
51,307 39,819 15,323 10,727 4,596 3,507 24,496 0 11,488 0
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
6,463 6,463 1,429 0 12,962 12,559 6,460 402 –7,462 –963 2,107 1,719 858 5 382 –9,569 15,068
8,786 8,786 1,873 0 10,722 10,722 4,097 0 –1,404 532 1,654 1,269 736 0 384 –3,058 12,376
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
–2,311 –6,097 1,949 1,787 50 170 –4,030 0
–763 –1,936 1,412 –295 57 161 –2,032 0
140,243 96,897 1,607
158,551 117,138 1,622
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt
53.4 36.9 15.6 58.7 40.6 81.4
43.8 32.4 10.6 49.8 35.2 97.2
Currency composition (%) Euro Japanese yen U.S. dollar
2.2 61.7 32.9
2.5 64.4 30.3
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
2006 Little Book on External Debt
139
Togo Sub-Saharan Africa
Low income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
1,429 6.0 302.6 88.1 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
1,715 1,497 1,497 1,497 0 0 0 42 176 134
1,812 1,597 1,597 1,597 0 0 0 27 188 162
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
3 3 3 0 14 1 1 14 –72 –60 3 0 0 0 2 –74 17
18 18 18 0 18 2 2 16 –16 –16 3 2 2 0 1 –19 21
79 2 34 10 33 34 60 19
112 16 60 3 37 35 91 0
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
1,699 848 149
2,024 .. 149
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt
202.4 101.0 2.0 203.3 91.1 11.9
.. 89.6 .. 190.8 83.2 19.8
18.2 5.5 49.0
17.6 5.3 48.5
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
Currency composition (%) Euro Japanese yen U.S. dollar
140
2006 Little Book on External Debt
Tonga East Asia and Pacific
Lower middle income
Present value of debt Population (thousands) Debt per capita ($) Share of public sector debt in total (%)
58.2 102.0 794.2 99.6 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
79.5 79.1 79.1 79.1 0.0 0.0 0.0 0.0 0.4 0.2
81.0 80.7 80.7 80.7 0.0 0.0 0.0 0.0 0.3 0.3
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
11.2 11.2 11.2 0.0 1.9 1.9 1.9 0.0 9.3 –0.1 0.7 0.7 0.7 0.0 0.0 8.6 2.6
1.2 1.2 1.2 0.0 2.2 2.2 2.2 0.0 –1.1 –0.1 0.7 0.7 0.7 0.0 0.0 –1.8 2.9
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
16.3 9.4 0.0 0.0 6.9 14.1 15.6 0.0
5.2 –0.9 0.0 0.0 6.1 15.1 4.4 0.0
167.0 .. 66.0
212.1 .. 66.0
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt
.. 47.6 .. 74.3 40.1 53.6
.. 38.2 .. 90.0 33.3 72.0
Currency composition (%) Euro Japanese yen U.S. dollar
9.1 0.0 20.6
8.1 0.0 22.0
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
2006 Little Book on External Debt
141
Trinidad and Tobago Latin America and Caribbean
Upper middle income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
3,160 1.3 2,248.2 48.6 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
2,601 1,711 1,601 664 937 883 110 0 890 0
2,926 1,531 1,421 626 794 736 110 0 1,395 0
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
82 82 82 0 73 73 73 0 35 25 157 130 122 0 26 –122 229
44 44 44 0 240 240 240 0 309 505 161 129 121 0 32 148 401
820 10 808 0 2 6 324 366
808 –196 1,001 0 3 9 360 0
10,149 6,055 87
11,771 .. 87
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt
43.0 25.6 3.8 58.8 34.5 95.2
.. 24.9 .. 53.0 31.3 109.2
Currency composition (%) Euro Japanese yen U.S. dollar
0.0 7.5 69.9
0.0 8.0 68.9
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
142
2006 Little Book on External Debt
Tunisia Middle East and North Africa
Lower middle income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
18,571 9.9 1,882.7 77.9 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
16,736 14,784 13,228 8,540 4,687 3,315 1,556 0 1,952 0
18,700 16,243 14,574 9,364 5,209 3,740 1,669 0 2,457 0
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
2,101 2,101 1,899 0 1,007 1,007 975 0 1,359 265 596 573 529 0 22 763 1,603
1,914 1,914 1,759 0 1,331 1,331 1,289 0 1,088 505 703 637 559 0 66 385 2,034
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
1,747 1,094 541 14 98 130 636 537
1,337 583 593 24 137 143 22 678
23,964 12,295 1,250
26,948 14,854 1,432
136.1 69.8 13.0 140.2 74.6 18.1
125.9 69.4 13.7 147.3 78.5 21.6
32.9 22.4 23.0
38.5 18.7 20.5
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt Currency composition (%) Euro Japanese yen U.S. dollar
2006 Little Book on External Debt
143
Turkey Europe and Central Asia
Upper middle income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
167,279 71.7 2,252.9 42.1 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
145,411 98,306 64,507 13,401 51,106 26,677 33,799 24,092 23,013 0
161,595 108,188 68,212 13,843 54,370 29,067 39,976 21,507 31,900 0
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
20,211 18,545 6,902 1,666 21,546 19,834 8,532 1,712 3,054 4,389 6,724 5,228 3,973 596 900 –3,670 28,270
30,709 29,533 10,010 1,176 26,155 21,475 8,569 4,681 13,441 8,887 7,785 5,326 4,098 959 1,500 5,656 33,940
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
1,513 –1,289 1,753 905 144 137 –4,318 603
12,498 8,058 2,733 1,427 280 148 6,256 916
238,317 73,267 729
301,675 94,503 804
198.5 61.0 38.6 243.4 81.3 24.4
171.0 53.6 35.9 221.0 69.5 23.1
26.1 6.8 65.9
26.3 4.5 68.3
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt Currency composition (%) Euro Japanese yen U.S. dollar
144
2006 Little Book on External Debt
Uganda Sub-Saharan Africa
Low income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
2,062 27.8 173.3 93.2 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
4,555 4,170 4,170 4,153 17 0 0 236 148 73
4,822 4,497 4,497 4,473 24 0 0 192 133 74
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
332 326 326 6 57 32 32 25 266 –9 27 25 25 1 1 239 84
214 211 211 3 66 37 37 29 132 –15 37 34 34 1 2 95 103
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
1,031 294 202 1 534 178 923 83
1,313 174 222 1 916 214 1,183 95
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
6,110 1,171 286
6,684 1,494 306
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt
388.9 74.5 7.2 169.8 32.6 23.7
322.7 72.2 6.9 162.0 33.4 27.1
2.8 1.4 66.8
2.5 1.3 67.2
Currency composition (%) Euro Japanese yen U.S. dollar
2006 Little Book on External Debt
145
Ukraine Europe and Central Asia
Lower middle income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
21,942 47.5 456.3 49.5 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
16,207 13,140 8,891 5,580 3,311 3,150 4,250 1,836 1,230 158
21,652 18,279 10,729 5,313 5,415 4,096 7,551 1,605 1,767 185
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
4,496 4,496 1,212 0 3,151 2,949 1,038 202 1,695 350 537 475 324 35 26 1,159 3,688
8,333 8,333 2,646 0 3,524 3,225 1,124 299 5,319 510 777 693 440 45 40 4,542 4,301
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
1,400 1,548 1,424 –1,705 133 200 834 90
4,778 5,108 1,715 –2,204 159 210 3,905 180
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
49,552 29,392 330
64,183 40,301 411
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt
55.1 32.7 12.5 64.1 37.2 42.8
53.7 33.7 10.7 70.5 42.3 44.0
Currency composition (%) Euro Japanese yen U.S. dollar
21.5 1.8 62.4
15.7 1.4 72.0
146
2006 Little Book on External Debt
Uruguay Latin America and Caribbean
Upper middle income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
12,840 3.4 3,598.1 58.6 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
11,467 7,607 7,133 3,214 3,920 3,604 473 2,416 1,445 0
12,376 7,712 7,251 3,227 4,023 3,788 462 2,684 1,979 0
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
999 489 477 509 551 471 439 80 293 –155 331 236 203 45 50 –38 882
794 241 232 552 956 556 505 401 372 534 587 415 378 95 77 –215 1,543
452 18 417 0 17 18 108 108
13 –314 311 0 16 17 –532 131
10,781 3,387 62
12,661 4,422 57
338.5 106.4 26.0 351.2 90.4 18.2
279.8 97.7 34.9 351.0 108.2 20.3
6.1 3.5 83.5
6.3 3.5 84.1
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt Currency composition (%) Euro Japanese yen U.S. dollar
2006 Little Book on External Debt
147
Uzbekistan Europe and Central Asia
Low income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
4,768 26.2 191.0 83.1 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
5,012 4,748 4,257 2,563 1,694 0 491 43 221 7
5,007 4,810 4,302 2,745 1,557 0 508 19 178 8
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
637 637 478 0 659 636 588 23 –53 –31 151 145 136 1 6 –205 810
612 612 463 0 700 675 543 25 –132 –44 148 141 118 1 6 –280 848
124 1 70 0 52 87 –21 0
120 –63 140 0 43 103 –22 0
10,012 3,810 0
11,912 .. 0
131.5 50.1 21.3 142.2 46.8 ..
.. 42.0 .. 123.3 45.5 ..
20.7 21.1 49.6
19.6 21.4 48.9
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt Currency composition (%) Euro Japanese yen U.S. dollar
148
2006 Little Book on External Debt
Vanuatu East Asia and Pacific
Lower middle income
Present value of debt Population (thousands) Debt per capita ($) Share of public sector debt in total (%)
93.7 207.3 570.7 68.6 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
94.8 79.8 79.8 79.8 0.0 0.0 0.0 0.0 15.0 0.0
118.3 81.2 81.2 81.2 0.0 0.0 0.0 0.0 37.1 0.1
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
0.0 0.0 0.0 0.0 1.1 1.1 1.1 0.0 0.0 1.0 1.1 0.7 0.7 0.0 0.4 –1.1 2.1
0.0 0.0 0.0 0.0 1.6 1.6 1.6 0.0 20.4 22.0 1.9 0.8 0.8 0.0 1.0 18.6 3.4
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
21.0 –1.0 15.0 0.0 7.1 26.7 –1.2 21.5
31.0 –1.6 21.9 0.0 10.6 29.6 13.2 0.0
264.4 145.9 9.0
305.4 .. 9.0
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt
65.0 35.8 1.5 46.3 28.1 46.2
.. 38.8 .. 64.4 35.2 52.2
Currency composition (%) Euro Japanese yen U.S. dollar
14.6 0.0 54.6
14.3 0.0 54.7
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
2006 Little Book on External Debt
149
Venezuela, RB Latin America and Caribbean
Upper middle income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
41,749 26.1 1,361.4 71.9 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
34,830 30,486 24,471 3,888 20,582 16,381 6,016 0 4,344 5
35,570 31,218 25,852 3,513 22,338 18,121 5,366 0 4,352 13
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
6,853 6,853 5,888 0 6,559 6,559 5,589 0 95 –199 2,302 2,194 1,843 0 108 –2,207 8,861
4,756 4,756 3,531 0 4,373 4,373 2,503 0 382 0 2,258 2,150 1,846 0 108 –1,876 6,632
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
3,069 294 2,659 97 18 36 –1,017 1,891
1,748 382 1,518 –170 17 36 –3,664 3,261
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
81,025 29,777 21
106,219 41,410 20
117.0 43.0 29.8 139.5 41.6 59.8
85.9 33.5 16.0 124.7 45.2 65.8
16.0 1.1 75.4
15.9 0.8 76.9
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt Currency composition (%) Euro Japanese yen U.S. dollar
150
2006 Little Book on External Debt
Vietnam East Asia and Pacific
Low income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
15,401 82.2 217.0 86.5 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
15,849 14,221 14,221 12,777 1,444 560 0 339 1,289 82
17,825 15,412 15,412 13,946 1,465 547 0 277 2,136 49
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
1,559 1,559 1,559 0 505 432 432 73 1,555 502 300 269 269 2 29 1,256 805
1,641 1,641 1,641 0 425 352 352 73 2,096 880 355 304 304 2 49 1,741 780
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
2,895 1,127 1,450 0 318 291 2,626 0
3,286 1,289 1,610 0 387 314 2,982 0
39,041 23,542 2,700
44,503 .. 3,200
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt
67.3 40.6 3.4 66.9 38.7 39.3
.. 40.1 .. 64.9 39.1 39.5
Currency composition (%) Euro Japanese yen U.S. dollar
7.9 29.0 40.0
7.0 28.2 42.3
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
2006 Little Book on External Debt
151
Yemen, Rep. Middle East and North Africa
Low income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
3,826 20.3 270.0 87.4 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
5,375 4,745 4,745 4,673 71 0 0 401 229 46
5,488 4,799 4,799 4,723 77 0 0 376 313 115
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
157 157 157 0 118 99 99 19 –94 –132 58 51 51 3 4 –151 176
157 157 157 0 154 113 113 41 18 15 69 62 62 3 4 –51 223
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
98 58 –89 0 130 54 –897 945
360 44 144 0 172 53 –991 1,289
10,189 5,621 1,270
11,820 6,432 1,283
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt
95.6 52.8 3.1 71.8 40.4 93.2
85.3 46.4 3.5 66.5 36.8 103.6
Currency composition (%) Euro Japanese yen U.S. dollar
1.8 7.6 65.4
1.9 7.5 66.4
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
152
2006 Little Book on External Debt
Zambia Sub-Saharan Africa
Low income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
1,533 11.5 634.1 80.6 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
6,928 5,979 5,584 5,158 426 5 396 859 90 20
7,279 6,257 5,871 5,435 437 4 386 890 132 43
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
150 150 141 0 359 288 270 71 –207 2 205 198 169 5 2 –411 563
445 200 194 245 344 94 78 249 120 19 81 74 43 4 2 40 424
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
619 –138 172 0 585 123 422 0
1,192 106 334 0 752 144 1,118 0
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
4,187 1,398 0
5,098 0 0
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt
495.6 165.5 40.3 372.3 121.1 3.6
0.0 142.8 0.0 111.5 35.9 4.6
14.1 10.1 58.5
14.6 9.6 58.7
Currency composition (%) Euro Japanese yen U.S. dollar
2006 Little Book on External Debt
153
Zimbabwe Sub-Saharan Africa
Low income
Present value of debt Population (millions) Debt per capita ($) Share of public sector debt in total (%)
4,809 12.9 370.9 74.0 2003
2004
Total external debt Long-term Public and publicly guaranteed Official creditors Private creditors Bonds Private nonguaranteed Use of IMF credit Short-term Interest arrears on long-term
4,483 3,448 3,388 2,960 429 0 60 302 733 398
4,797 3,604 3,558 3,081 477 0 46 293 900 487
Disbursements Long-term Public and publicly guaranteed IMF purchases Principal repayments Long-term Public and publicly guaranteed IMF repurchases Net flows Short-term Interest payments Long-term Public and publicly guaranteed IMF charges Short-term Net transfers Total debt service paid
41 41 39 0 41 36 11 4 104 104 14 7 1 0 6 90 54
56 56 48 0 71 50 27 21 64 79 23 9 6 0 13 41 93
Aggregate net resource flows Net flow of long-term debt (excluding IMF) Foreign direct investment (net) Portfolio equity flows Grants (excluding technical cooperation) Memo: technical cooperation grants Aggregate net transfers Profit remittances on FDI
173 5 30 0 138 63 166 0
223 6 60 0 157 57 213 0
Major economic aggregates Gross national income (GNI) Exports of goods, services, and income Worker remittances & compensation of employees
7,850 .. 0
4,642 .. 0
Debt ratios (%) Debt to exports Debt to GNI Debt service to exports Present value of debt to exports* Present value of debt to GNI* Reserves to total external debt
.. 57.1 .. 272.3 50.1 ..
.. 103.4 .. 264.3 33.4 ..
33.3 5.3 28.1
33.6 5.1 28.1
Currency composition (%) Euro Japanese yen U.S. dollar
154
2006 Little Book on External Debt
Glossary Aggregate net resource flows are the sum of net resource flows on longterm debt (excluding IMF) plus non-debt-creating flows: net foreign direct investment, portfolio equity flows, and official grants (excluding technical cooperation). Net foreign direct investment and portfolio equity flows are treated as private source flows. Grants for technical cooperation are shown as a memorandum item. Aggregate net transfers are equal to net long-term resource flows minus interest payments on long-term loans and profit remittances on foreign direct investment. Bonds include publicly issued or privately placed bonds with an original maturity of more than one year. Currency composition of public and publicly guaranteed debt provides information on the currency composition of loans outstanding and disbursed based on the repayment currency of individual loans. For major multilateral creditors currency composition is based on the reporting currency, which is mostly U.S. dollars and unit of account. The major currencies in which the external debt of low- and middle-income countries is contracted are separately identified, as is debt denominated in special drawing rights and debt repayable in multiple currencies. Beginning in 2001 debt denominated in the currencies of the 12 members of the European Monetary Union is included under the euro. Debt per capita is total external debt divided by midyear population. Debt ratios are ratios of debt and debt service to some selected economic aggregates. Debt service to exports, also called the debt service ratio, is the ratio of total debt service paid to exports of goods and services (including workers’ remittances). Debt to exports is the ratio of total external debt to exports of goods and services (including workers’ remittances). Debt to GNI is the ratio of total external debt to gross national income. Disbursements are drawings on loan commitments by the borrower during the year specified. Exports of goods, services, and income include the total value of goods and services exported, and receipts of compensation of employees and investment income. Worker remittances, a transfer and not an income entry in the balance of payments, are treated as compensation of employees in Global Development Finance because they are often difficult to distinguish from compensation of nonresident workers and migrants. Foreign direct investment (net) is an investment made to acquire a lasting management interest (usually 10 percent of voting stock) in an enterprise operating in a country other than that of the investor (defined by residency), with the investor’s purpose being an effective voice in managing the enterprise. It is the sum of equity capital, reinvestment of earnings, other longterm capital, and short-term capital as shown in the balance of payments. Foreign direct investment includes intercompany debt. Grants (excluding technical cooperation) are legally binding commitments that obligate a specific value of funds available for disbursement without a repayment requirement. See technical cooperation grants.
2006 Little Book on External Debt
155
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 into U.S. dollars. IMF charges are the amount of interest paid under all International Monetary Fund (IMF) facilities except the poverty reduction and growth facility and the enhanced structural adjustment facility. Charges are paid at the IMF’s market-related interest rate, which is based on the special drawing rights (of the IMF) interest rate. IMF purchases are total drawings on the general resources account of the International Monetary Fund during the year specified, excluding drawings in the reserve tranche. IMF repurchases are total repayments of outstanding drawings from the general resources account of the International Monetary Fund during the year specified, excluding repayments due in the reserve tranche. Interest arrears on long-term debt are interest payments due but not paid, shown on a cumulative basis. Interest payments are the amount of interest paid in foreign currency, goods, or services in the year specified. Long-term external debt has an original or extended maturity of more than one year, is owed to nonresidents, and is repayable in foreign currency, goods, or services. Long-term debt has three components: public debt, publicly guaranteed debt, and private nonguaranteed external debt. Net flow of long-term debt (excluding IMF) received by the borrower during the year are disbursements minus principal repayments. Net flows on debt are disbursements on long-term debt and International Monetary Fund (IMF) purchases minus principal repayments on long-term debt and IMF repurchases. Net flows also include the change in stock of short-term debt (excluding interest arrears for long-term debt). Thus if the change in stock is positive, a disbursement is assumed to have taken place; if negative, a repayment is assumed to have taken place. Net transfers are net long-term resource flows minus interest payments on long-term loans and foreign direct investment profits. Official creditors include multilateral and bilateral debt. Population is the midyear estimate of all residents regardless of legal status or citizenship, except for refugees not permanently settled in the country of asylum, who are generally considered part of the population of their country of origin. Portfolio equity flows are the sum of country funds, depository receipts (U.S. or global), and direct purchases of shares by foreign investors. Present value of debt outstanding is the discounted value of scheduled debt service payments on debt. It is based on the annual debt service (principal plus interest) discounted by the Commercial Interest Reference Rates of the Organisation for Economic Co-operation and Development, according to the currency of payment of the loan. If the interest rate on debt is above the discount rate, the present value of debt will be greater than the nominal value. For the for 42 countries in the Heavily Indebted Poor
156
2006 Little Book on External Debt
Countries (HIPC) Debt Initiative present value comes from HIPC documents and is based on public and publicly guaranteed debt, including International Monetary Fund credit. Present value of debt to exports is the ratio of the present value of total external debt to exports of goods and services. It is calculated as the ratio of the present value of debt for 2004 to the three-year (2002–04) average of exports and might include staff estimates. Present value of debt to GNI is the ratio of the present value of total external debt to GNI. It is calculated as the ratio of the present value of debt for 2004 to the three-year (2002–04) average of GNI and might include staff estimates. Principal repayments are the amounts of principal (amortization) paid in foreign currency, goods, or services. Private creditors include bondholders, commercial banks, and other traderelated lenders. Private nonguaranteed external debt is an external obligation of a private debtor that is not guaranteed for repayment by a public entity. Profit remittances on FDI are payments of foreign direct investment income (debit side), which consist of income on equity (dividends, branch profits, and reinvested earnings) and income on the intercompany debt (interest). Public and publicly guaranteed debt is an external obligation of a public debtor, including the national government, a political subdivision (or an agency of either), and autonomous public bodies or an external obligation of a private debtor that is guaranteed for repayment by a public entity. Reserves to total external debt is the ratio of international reserves to total external debt. Share of public sector debt in total is public sector debt as a percentage of total external debt. Short-term external debt has an original maturity of one year or less. Available data permit no distinction between public and private nonguaranteed shortterm debt. Technical cooperation grants are free-standing technical cooperation grants for financing the transfer of technical and managerial skills or technology for building general national capacity without reference to any specific investment projects, and investment-related technical cooperation grants for strengthening the capacity to execute specific investment projects. Total debt service paid is debt service payments on total long-term debt (public and publicly guaranteed and private nonguaranteed), use of International Monetary Fund credit, and interest on short-term debt. Total external debt consists of public and publicly guaranteed long-term debt, private nonguaranteed long-term debt, the use of International Monetary Fund (IMF) credit, and short-term debt. Interest in arrears on long-term debt and the use of IMF credit are added to short-term debt and are shown as separate lines. Use of IMF credit covers repurchase obligations to the International Monetary Fund (IMF) for all uses of IMF resources (excluding those resulting from drawings in the reserve tranche) shown for the end of the year specified
2006 Little Book on External Debt
157
and purchases outstanding under credit tranches, including enlarged access resources and all special facilities, trust fund loans, the poverty reduction and growth facility, and the structural adjustment facility. Worker remittances and compensation of employees include current transfers by migrant workers and wages and salaries earned by nonresident workers. In addition, migrants’ transfers, a part of capital transfers, are treated as worker remittances in Global Development Finance.
158
2006 Little Book on External Debt
1818 H Street N.W. Washington, D.C. 20433 USA Telephone: 202 473 1000 Fax: 202 477 6391 ISBN 0-8213-6605-X
Web site: www.worldbank.org Email:
[email protected] ALBANIA ALGERIA ANGOLA ARGENTINA ARMENIA AZERBAIJAN BANGLADESH BARBADOS BELARUS BELIZE BENIN BHUTAN BOLIVIA BOSNIA AND HERZEGOVINA BOTSWANA BRAZIL BULGARIA BURKINA FASO BURUNDI CAMBODIA CAMEROON CAPE VERDE CENTRAL AFRICAN REPUBLIC CHAD CHILE CHINA COLOMBIA COMOROS DEMOCRATIC REPUBLIC OF CONGO REPUBLIC OF CONGO COSTA RICA CÔTE D’IVOIRE CROATIA CZECH REPUBLIC DJIBOUTI DOMINICA DOMINICAN REPUBLIC ECUADOR ARAB REPUBLIC OF EGYPT EL SALVADOR EQUATORIAL GUINEA ERITREA ESTONIA ETHIOPIA FIJI GABON THE GAMBIA GEORGIA GHANA GRENADA GUATEMALA GUINEA GUINEA-BISSAU GUYANA HAITI HONDURAS HUNGARY INDIA INDONESIA ISLAMIC REPUBLIC OF IRAN JAMAICA JORDAN KAZAKHSTAN KENYA KYRGYZ REPUBLIC LAO PEOPLE’S DEMOCRATIC REPUBLIC LATVIA LEBANON LESOTHO LIBERIA LITHUANIA FYR MACEDONIA MADAGASCAR MALAWI MALAYSIA MALDIVES MALI MAURITANIA MAURITIUS MEXICO MOLDOVA MONGOLIA MOROCCO MOZAMBIQUE MYANMAR NEPAL NICARAGUA NIGER NIGERIA OMAN PAKISTAN PANAMA PAPUA NEW GUINEA PARAGUAY PERU PHILIPPINES POLAND ROMANIA RUSSIAN FEDERATION RWANDA SAMOA SÃO TOMÉ AND PRINCIPE SENEGAL SERBIA AND MONTENEGRO SEYCHELLES SIERRA LEONE SLOVAK REPUBLIC SOLOMON ISLANDS SOMALIA SOUTH AFRICA SRI LANKA ST. KITTS AND NEVIS ST. LUCIA ST. VINCENT AND THE GRENADINES SUDAN SWAZILAND SYRIAN ARAB REPUBLIC TAJIKISTAN TANZANIA THAILAND TOGO TONGA TRINIDAD AND TOBAGO TUNISIA TURKEY UGANDA UKRAINE URUGUAY UZBEKISTAN VANUATU REPÚBLICA BOLIVARIANA DE VENEZUELA VIETNAM REPUBLIC OF YEMEN ZAMBIA ZIMBABWE